Trump to launch World Liberty Financial crypto platform on Monday
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16.
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16.
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.
XRP price rallied above the $0.5550 and $0.560 levels. It is now consolidating gains above $0.550 and might aim for more gains in the near term. XRP price gained pace for a move above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $0.550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could regain traction if it stays above the $0.550 pivot level. XRP Price Gains Momentum XRP price remained well-supported above the $0.5320 level like Bitcoin and Ethereum. The price started a fresh increase and was able to clear the key hurdle at $0.5420. There was a surge above the $0.5550 and $0.5650 levels. The price even tested the $0.5870 zone. A high was formed at $0.5869 and the price started a sharp pullback. There was a move below the $0.5720 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.5234 swing low to the $0.5869 high. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $0.550 on the hourly chart of the XRP/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $0.5234 swing low to the $0.5869 high. On the upside, the price might face resistance near the $0.5660 level. The first major resistance is near the $0.5720 level. The next key resistance could be $0.5850. A clear move above the $0.5850 resistance might send the price toward the $0.5920 resistance. The next major resistance is near the $0.600 level. Any more gains might send the price toward the $0.6050 resistance or even $0.6120 in the near term. More Downsides? If XRP fails to clear the $0.5660 resistance zone, it could start another decline. Initial support on the downside is near the $0.5550 level. The next major support is $0.5500. If there is a downside break and a close below the $0.5500 level, the price might continue to decline toward the $0.5380 support in the near term. The next major support sits at $0.5250. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.5550 and $0.5500. Major Resistance Levels – $0.5660 and $0.5720.
Hi. I have been searching for a stablecoin overcolateralized with crypto, for substitute DAI since they announced new protocol and tokens (consequently new smart contracts). Do you guys recommend me a similar solution? I don't use USDT or USDC because of blacklist or change balance functions on their contracts. submitted by /u/ProgrammerNo4662 [link]…
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It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
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Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s chairmanship. 34 Countries Show Interest in BRICS, Putin Says Russian President Vladimir Putin said on […]
Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough. Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter) post that Golden Cross has formed on Bitcoin’s 2-month chart. He added that the leading crypto company experienced a “massive” rally every time this bullish indicator appeared on its 2-month chart. His accompanying chart showed that this happened last in 2021 when Bitcoin rose from around $13,000 to above $60,000. Related Reading: Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover? While it remains to be seen what will happen this time, there is no doubt that a significant rally is long overdue for the leading crypto, considering how its price has stagnated since reaching a new all-time high (ATH) of $73,000 in March earlier this year. In another X post, Titan of Crypto suggested that the much-anticipated Bitcoin rally could begin in October. The crypto analyst noted how the historical bearish September always sets the stage for risk assets like Bitcoin and US stocks to end the year with a big bounce. Meanwhile, Titan of Crypto is still confident about Bitcoin’s bullish outlook despite calls that it is now in a downtrend. He stated that Bitcoin is still bullish on the monthly timeframe. He added that the crypto is still holding its Tenkan and claimed that its bullish outlook will remain intact as long as it holds above the Tenkan line at $49,900. Based on the accompanying chart he shared, Bitcoin needs to break above $71,000 to reach a new ATH in this market cycle. The crypto analyst had earlier predicted that the flagship crypto could reach a market high of $120,000 by 2025. October Is The Month To Look Forward To Crypto analyst Rekt Capital also echoed a sentiment similar to Titan of Crypto, suggesting that October is the month to look forward to. He noted that history suggests Bitcoin should enjoy a breakout from the reaccumulation range in the next two weeks. However, he added that there is a higher chance that the breakout will occur in October. Related Reading: AAVE Breakout: Why A 1,710% Surge Is On The Horizon October is historically a strong month for the leading crypto, especially in halving years like this one. A potential Bitcoin rally in October is expected to extend into November and December. Rekt Capital highlighted how the crypto has enjoyed three straight months of upside in the fourth quarter of the 2016 and 2020 halving years. At the time of writing, Bitcoin is trading at around $57,700, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
Ethereum price is holding gains above the $2,300 level. ETH could gain bullish momentum if it clears the $2,380 resistance zone. Ethereum is showing positive signs but facing hurdles near $2,400. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,365 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term. Ethereum Price Aims $2,500 Ethereum price seems to be forming a base above the $2,250 level like Bitcoin. Recently, there was a decent increase above the $2,350 level but the price struggled near $2,400. A high was formed at $2,390 and the price is now consolidating. There was a minor decline below the $2,350 level. The price dipped below the 50% Fib retracement level of the upward wave from the $2,278 swing low to the $2,390 high. However, the bulls were active near the $2,320 level and the 61.8% Fib retracement level of the upward wave from the $2,278 swing low to the $2,390 high. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,365 level. There is also a key contracting triangle forming with resistance at $2,365 on the hourly chart of ETH/USD. The first major resistance is near the $2,380 and $2,400 levels. A close above the $2,400 level might send Ether toward the $2,465 resistance. The next key resistance is near $2,550. An upside break above the $2,550 resistance might call for more gains toward the $2,650 resistance zone in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,400 resistance, it could start another decline in the near term. Initial support on the downside is near $2,320. The first major support sits near the $2,300 zone. A clear move below the $2,300 support might push the price toward $2,250. Any more losses might send the price toward the $2,200 support level in the near term. The next key support sits at $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,400
A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.”