China crypto crime: Still ‘top ranked’ for illicit activity but crime is falling
Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021.
Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021.
Ethereum failed to recover above the $2,500 resistance against the US Dollar. ETH price could accelerate its decline if it fails to stay above the $2,440 support. Ethereum traded below the $2,550 and $2,500 support levels. The price is now trading just below $2,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue lower below the $2,440 support zone in the near term. Ethereum Price Could Extend Losses Ethereum started a fresh decline from well above $2,600. ETH price broke the key $2,550 support level, similar to bitcoin near $40,000. The price even broke the $2,500 support level to enter a short-term bearish zone. The price is now trading just below $2,500 and the 100 hourly simple moving average. The recent low was formed near $2,444 before the price attempted a minor upside correction. There was a break above the $2,500 level. Ether recovered above the 23.6% Fib retracement level of the recent decline from the $2,668 swing low to $2,444 low. However, the bears were active near the $2,550 resistance zone. The next key resistance is near the $2,555 level. It is close to the 50% Fib retracement level of the recent decline from the $2,668 swing low to $2,444 low. There is also a key bearish trend line forming with resistance near $2,580 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com A clear break and close above the $2,550 and $2,580 resistance levels might start a decent increase. In the stated case, the price could revisit the $2,700 level. More Losses in ETH? If ethereum fails to recover above the $2,550 and $2,580 resistance levels, it could extend its decline. An immediate support on the downside is near the $2,465 level. The next major support is near the $2,440 level. A clear downside break below the $2,440 support level might accelerate losses. In the stated case, the price could easily test $2,400. The next major support could be near the $2,330 level, where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $2,440 Major Resistance Level – $2,550
PRESS RELEASE. Singapore, August 3, 2021 – Binance, the world’s largest crypto exchange, has partnered with crypto-fiat hybrid payment solutions provider Alchemy Pay to build a payment bridge between crypto and fiat through the Binance Pay wallet. Binance Pay is a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App. Launched as […]
Lately I have seen posts questioning and justifying RVN existential right in the Crypto space. Whilst many are seeking genuine knowledge, I would like to propose that a coin doesn't need to be jack of all trades to be successful. Often be it a coin or just a football player, if it can do one…
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submitted by /u/northwesternsamurai [link] [comments]
I'm mining both ETH and RVN now, and I'm a little concerned that RVN mining difficulties will soar HIGH after ETH miner flood in to mine RVN instead. I feel like it could good and bad. Good thing is the recognition of RVN will be increased; bad thing is our mining reward will take a…
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Mining stopped. Can't start script Anyone else? submitted by /u/DiscoCryptos [link] [comments]
“Maybe you don’t simply get a 20X the value of the business, but could you two, three, four or five X the business? Absolutely,” said Anthony Pompliano.
Three exclusive Top Shot NFTs will be minted to commemorate this weekend’s NBA Summer League games.
