Category: Cryptocurrency News

1 The shitbrainer – buys shitcoins, knows shit about crypto, keeps hodling the shitcoin 2 The stoic – DCA – HODL, 3 different ATHs reached already, still DCA – HODL 3 The twitchy – Looking at charts every 5 minutes, daytrading, tries to DCA once, but can't keep it, because has to sell and rebuy…
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Title already says it. And I don't just mean from this sub but in general. For me it was from my family. I come from a middle class family nothing special both parents working and we got along good. When I got interested in stocks and also crypto (I was 16 at the time) they…
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Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons.

Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market.

Bitcoin price is back above $50,000 and its return to the key resistance level has brought a potential bull market fractal back into focus. The bullish fractal in question suggests that another leg up in the crypto bull cycle is coming, matching the epic 2013 rally grand finale. If the potentially repeating price pattern playing out similarly isn’t quite enough to convince, two separate technical indicators on monthly timeframes also appear to match the conditions that prompted one of the largest rallies in the cryptocurrency’s history. Is A Clean Break Of $50K The Trigger To The Final Leg Up In Crypto? Bitcoin price is back retesting $50,000 and while the level itself might be a clear phycological barrier due to the rounded price around halfway to most long-term targets, it also happens to be the median of the asset’s logarithmic growth curve. The logarithmic growth channel has held the cryptocurrency within its boundaries for its entire existence, containing each bubble and supporting each bust. If Bitcoin passes above the median, things could move quickly | Source: BLX on TradingView.com Past bull market cycles have always concluded in the red zone, and the fact that the top cryptocurrency by market cap never made it there is the best argument for why a peak hasn’t yet occurred. Related Reading | Weekly Bitcoin Momentum Cross Bullish For First Time Since March 2021 Whether or not the bull market has ended is heavily debated, but with Bitcoin back around $50,000 an answer should be near. Past performance isn’t indicative of guaranteed future results, but beyond Bitcoin brushing up against the log channel median, there are also a number of other factors that match up almost perfectly. Bitcoin Fractal Resembles 2013, Momentum And Relative Strength Also Similar Comparing price action isn’t often enough to convince most analysts, especially if other market conditions are different. However, the conditions surrounding the 2013 final leg up and the current state of the 2021 cycle are also eerily similar. During both rallies, Bitcoin paused after passing above the log median, fell back to the 1.618 golden ratio Fib extension level, and then made a successful attempt at touching the red upper boundary of the log channel. The similarities between the two cycles are stacking | Source: BLX on TradingView.com The Relative Strength Index on monthly timeframes also is behaving similarly, with Bitcoin just a few grand away from blasting back into bull market territory – a zone it spent very little time in comparative to the 2017 bull market. The RSI making a double top with a lower high to form a bearish divergence would signal the end to the bull run. Related Reading | Why An Ongoing Bullish Bitcoin “Retest” Might Result In New Highs The LMACD, the log-based version of the MACD, a momentum tool, also is exhibiting a similar upward turn after a near crossover. Such a move is distinctly bullish, and often results in a powerful upside move. The bullish conditions could propel Bitcoin price beyond the log channel median, and toward the red zone of the channel. Targets for the end of the cycle would be upwards of $125,000 based on the current location of the upper boundary, but as time progresses this peak gradually moves higher. Markets are cyclical, and history often repeats. When it doesn’t, it still often rhymes. And while past performance doesn’t guarantee future results, according to Sir John Templeton, the four most expensive words in investing are “this time it’s different.” Will Bitcoin blast off toward $125,000 and higher from here? The similarities between #Bitcoin in 2013 and 2021 continue to grow. Peak will be in red. Currently around $125,000. I tend to think $144,000 when it's all said and done. pic.twitter.com/4IU504uxPt — Tony “The Bull” Spilotro (@tonyspilotroBTC) August 23, 2021 Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

Hey, I am part (Graphic and UX/UI designer) of a team which is building a marketplace on Ethereum. What makes our project interesting is that only addresses registered on Proof of Humanity will be able to use this platform. We will rely on Kleros Dispute Resolver in a case of problems between peers and on…
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Gaming platforms have garnered massive attention due to the advent of NFTs. From what looked like a casual competition has transitioned to worldwide tournaments with top gamers joining the space. The evolution of this multi-million dollar industry has attracted the likes of celebrity stardom and eye-watering sums creating the best action in the NFT sphere. Diverse NFT platforms have bought in real use-cases in the quest to develop sophisticated gaming & e-sports experience. According to DappRadar, the total NFT sales volume stands over $2.5 billion in Q1 2021. The NFTs have exploded in popularity, and now it’s time to usher in the new era of gaming experiences. Online gaming & e-sports have been one of the significant sources of passive income, providing high-level satisfaction to the users from the comfort of their desktops. The integration of NFTs in the gaming arena has created immersive virtual experiences that have gained traction in full swing, a collective mania for NFT enthusiasts and sportive players. The creators behind 2Crazy revealed that as part of their latest alliance, star poker player Jeff Gross would be joining their platform as a global ambassador and the brand’s face to drive mainstream adoption of NFTs in the gaming sphere. 2Crazy is known for creating realistic experiences for users by launching unique NFTs by some of the biggest sports tournaments and leagues, along with personalized merchandise. To unlock the potential of 2Crazy, users can leverage the native $2CRZ tokens enjoying various perks associated with it. Currently, 2Crazy is operational on the Ethereum and Binance Smart Chain networks and aims to expand in the future. Poker to NFTs, Jeff Gross to officially endorse 2Crazy With hundreds of NFT platforms popping daily, it is a visual representation of how the NFT mania has taken place by the fire. Celebrity & Sports endorsements have managed to catch the enthusiasm of the buyers and have resulted in billions of dollars of revenue. 2Crazy has an intuitive platform allowing users to purchase digital collectibles and fun moments in the effortless way possible. As per the latest news, the collaboration of Jeff Gross with the 2Crazy platform will fuel mainstream adoption in the crypto space as the star player will amass an enthusiastic audience from his community to flock to the 2Crazy platform. Poker enthusiasts, amateur players, and professional gamers will now be able to experience the world of NFTs. Jeff Gross has a proven record of bagging several tournament championships and has recorded a whopping $5.5 million in revenue through his poker playoffs. He has been an active proponent of his game on the native Twitch Channel with over 87K subscribers and millions of views. Currently, the channel has a library of over 140 videos that a user can access. Jeff Gross has entered into collaboration with various brands as an ambassador resulting in driving the overall credibility of 2Crazy. He has gained immense popularity on social channels like Twitter, Instagram, Youtube, and others. Jeff Gross has in-depth experience in live tournaments and online tournaments and has managed to take over the hearts of the audiences through his breathtaking performances. With 2Crazy witnessing a bright future on e-sports in the NFTverse, the solid partnership with Jeff will drive more awareness and global connections to the platform. 2Crazy aims to bridge the gap between player-superstars and fans, thus bringing in the sense of closeness in the gaming arena.