I did really well cashing out some profits once when we were at 53k roughly a week ago and man, it's been sending me chills. I know lots of friends who are struggling with debt, and I feel bad for them. It's weird having to keep the reality of knowing I doubled my profits from…
Read more
General Conclusion APR and APY are used in many yield farming programs in DeFi protocols. However, they are not the same thing! We, the participants in the market, are not only investing but actively receiving yields by farming and staking DeFi tokens. So these basic terms are not only important, but they are also information…
Read more
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency.
SolBlocks admits that while they did pirate the code, their NFTs are not copies of Tyler Hobbs’ Fidenza collection.
Komodo, an open-source technology provider that offers all-in-one blockchain solutions and pioneer behind AtomicDEX which enables safe and instant swapping and transfer of assets between trader wallets without requiring AMMs, announced today it has successfully completed a peer-to-peer, cross-chain fundraise with Tokel, a tokenization infrastructure provider. The fundraise employed a unique approach that ensures users…
Read more
Maxime Bernier, a former cabinet minister nicknamed “Mad Max” and the leader of the People’s Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. “I hate how central banks are destroying our money and economy … cryptos are another new and innovative way to counter this that should be encouraged,” he said. ‘Mad Max’ […]
What a dream…my original collection of 30 generative art pieces sold out in 4 days. To all who supported me, my admiration and gratitude goes to you all! With ArtBlocks on the line and my unreleased project in order, the sky is the limit. https://opensea.io/collection/the-gans-collective https://preview.redd.it/f9t343y2bsn71.jpg?width=2368&format=pjpg&auto=webp&s=c4ac047a17cd73c2257d1b47887a7012efe6fd5e submitted by /u/orbitalcombustion [link] …
Read more
Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange.
Bitcoin price started a steady increase above the $47,000 resistance against the US Dollar. BTC even broke $48,000 and it might continue to rise in the near term. Bitcoin started a steady increase above the $46,000 and $47,000 resistance levels. The price is now trading above $47,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $48,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher towards the $50,000 level if it breaks the $48,500 resistance. Bitcoin Price Gains Traction Bitcoin price started a steady increase above the $46,000 resistance level. BTC was able to clear the $47,000 resistance zone and the 100 hourly simple moving average. Finally, there was a clear break above the $48,000 resistance zone. The price traded as high as $48,481 and it is now consolidating gains. An immediate support on the downside is near the $48,000 level. There is also a key bullish trend line forming with support near $48,000 on the hourly chart of the BTC/USD pair. Bitcoin is also trading well above the 23.6% Fib retracement level of the upward wave from the $43,375 swing low to $48,481 high. An immediate resistance on the upside is near the $48,200 level. Source: BTCUSD on TradingView.com The first major resistance is now near the $48,500 zone. To continue higher, bitcoin must clear the $48,500 resistance. If the bulls succeed, the price could easily rise towards the key $50,000 resistance in the near term. Any more gains may possibly set the pace for a move towards the $52,000 level. Dips Supported In BTC? If bitcoin fails to clear the $48,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $48,000 level and the trend line. If the price breaks the trend line support, it could test the $47,400 support level. The next major support is near the $46,000 level or the 100 hourly simple moving average. It is also close to the 50% Fib retracement level of the upward wave from the $43,375 swing low to $48,481 high. Technical indicators: Hourly MACD – The MACD is slowly gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level. Major Support Levels – $47,500, followed by $47,000. Major Resistance Levels – $48,200, $48,500 and $50,000.
Just came across this tweet from Adam Aron, who is the CEO of AMC Theatres. Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin…
Read more
