if you've been sticking with us since May, congratulations on not giving in to the FUD, and welcome to the start of another rally. In the past couple of days, BTC has made an amazing recovery compared to other markets, due to the Evergrande situation. But I think the Chinese FUD needs more emphasizing to…
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Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July.
On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory During the first week of June, FTX Trading Limited, revealed the crypto company inked a naming […]
“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America.
submitted by /u/juansansonjr [link] [comments]
submitted by /u/C4-PO [link] [comments]
When 2.0 is released and other sets of upgrades are released, how does it work? They can’t upgrade the blockchain at the same time, wouldn’t that make it centralized? submitted by /u/seasonalchanges312 [link] [comments]
El Salvador gets attention as if it is the newest thing ever and that mining with geothermal energy has never been done before. Why? Iceland has been using geothermal energy to mine cryptocurrencies since 2018, That's about 3-4 years ago. And yes I know El Salvador is doing something about adoption of cryptocurrency (legal tender…
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There is a popular misconception about people who purchase meme coins. It is not that they are "stupid" or Ignorant of Crypto, in fact these meme coiners are some of the smartest people I see online. The real issue nobody really speaks about is the rampant poverty crises that is going on. The umbilical cord…
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Ethereum started a steady increase above $3,250 and $3,300 against the US Dollar. ETH price is now struggling to gain strength above $3,400 and $3,450. Ethereum started a downside correction after it faced sellers near the $3,500 zone. The price is now trading above $3,200 and the 100 hourly simple moving average. There was a break above a declining channel with resistance near $3,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $3,275 support. Ethereum Price Gains Pace Ethereum gained strength for a move above the $3,200 level. ETH even climbed above the $3,300 level and the 100 hourly simple moving average. However, the price failed near the $3,500 zone. A high was formed near $3,489 before there was a downside correction, similar to bitcoin. The price corrected lower below the $3,350 support level. However, the bulls were active near the $3,275 level and the 100 hourly simple moving average. A low was formed near $3,275 and the price started a fresh increase. There was a break above the $3,350 resistance level. Ether climbed above the 50% Fib retracement level of the downward move from the $3,489 swing high to $3,275 low. There was also a break above a declining channel with resistance near $3,380 on the hourly chart of ETH/USD. It is now consolidating near the $3,380 zone. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $3,420 level. The first major resistance is near the $3,440 level. It is near the 76.4% Fib retracement level of the downward move from the $3,489 swing high to $3,275 low. The next major resistance is near the $3,500 level, above which the price might accelerate towards $3,700. Dips Limited in ETH? If ethereum fails to continue higher above the $3,420 and $3,440 resistance levels, it could start a fresh downside correction. An initial support on the downside is near the $3,350 level. The first key support is now forming near the $3,300 level and the 100 hourly simple moving average. If ether fails to stay above $3,300 and $3,275, it could continue to move down. The next major support could be near the $3,200 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is just above the 50 level. Major Support Level – $3,275 Major Resistance Level – $3,440
