The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto […]
https://www.wsj.com/articles/el-salvadors-bitcoin-scam-dollar-crypto-currency-monetary-policy-11631470517 This article is such pretentious bullshit like you've never seen. It shows how stupid MSM thinks average person is and tries to control the way they are allowed to think. First of all she lies that El Salvador adopted US dollar in 2001 because of hyperinflation. There was no hyperinflation. El Salvador actually adopted…
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submitted by /u/SumoDash [link] [comments]
BTC spot price action looks gloomy on Monday, but as traders, analysts and more note, there are practically no reasons to be bearish on Bitcoin.
submitted by /u/infuerano [link] [comments]
Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also allows merchants using Wompi services (a digital payment processor) to receive […]
Hey guys, I bridged from ETH (Layer 1) to Arbitrium (Layer 2) yesterday and I'm still in disbelief on how fast it is. The transactions are processed in under 2 seconds and the fees are 10x lower. To bridge from ETH to Arbitrium: https://bridge.arbitrum.io/ What can you do on Arbitrium? https://portal.arbitrum.one/ There are going to…
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Ethereum is struggling to climb above $3,500 against the US Dollar. ETH price is moving lower and it could decline further below the $3,200 support zone Ethereum failed to clear the $3,450 level and started a fresh decline. The price is now trading well below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if there is a clear break below the $3,200 support zone. Ethereum Price is Struggling Below $3,400 Ethereum attempted a recovery wave above the $3,400 level. However, ETH struggled to clear the $3,450 resistance and it even failed to stay above the 100 hourly simple moving average. A high was formed near $3,450 and the price started a fresh decline, similar to bitcoin. There was a break below the $3,350 and $3,320 support levels. Ether traded below the 50% Fib retracement level of the upward move from the $3,148 swing low to $3,450 high. It is now trading well below $3,400 and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD. Besides, it is now trading well below $3,400 and the 100 hourly simple moving average. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $3,320 level. The first major resistance is near the $3,380 level. A proper move above the $3,380 level and $3,400 could increase the chances of a steady increase. The next major resistance sits near $3,500. More Losses in ETH? If ethereum fails to continue higher above the $3,350 and $3,400 resistance levels, it could start another downward move. An immediate support on the downside is near the $3,220 level. The 76.4% Fib retracement level of the upward move from the $3,148 swing low to $3,450 high is also near $3,220. A downside break below the $3,220 and $3,200 support levels might push the price further lower. The next major support is now forming near the $3,150 zone, below which ether price might revisit $3,000. 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 – $3,200 Major Resistance Level – $3,380
Yup you heard that right. I have been working as an Admin Assistant in a company for 5 years and I earned and saved more money than my full time job. But of course this didn’t happen in just one day. Investments need to grow whether it be stocks or in crypto. Until I started…
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