Category: Cryptocurrency News

submitted by /u/XnoonefromnowhereX [link] [comments]

Bitcoin failed again to clear the $41,500 resistance zone against the US Dollar. BTC could extend losses if there is a clear move below the $39,200 support zone. Bitcoin made another attempt to gain pace above the $41,500 level but failed. The price is now trading below $41,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $40,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend decline if there is a daily close below the $40,000 support zone. Bitcoin Price Trims Gains Bitcoin price corrected above the $41,000 resistance zone. BTC even cleared the $41,400 level and attempted a clear move above the $41,500 resistance zone. However, the bears were active near the $41,500 level. A high was formed near $41,548 and the price started a fresh decline. There was a clear move below the $41,000 support zone. The price declined below the 50% Fib retracement level of the recent increase from the $39,269 swing low to $41,548 high. Besides, there was a break below a key bullish trend line with support near $40,400 on the hourly chart of the BTC/USD pair. The pair is now trading below $41,000 and the 100 hourly simple moving average. It also spiked below the 76.4% Fib retracement level of the recent increase from the $39,269 swing low to $41,548 high. An immediate resistance on the upside is near the $40,200 level. The next key resistance could be $40,400 and the 100 hourly SMA. Source: BTCUSD on TradingView.com If the bulls able to clear the $40,400 and $40,500 resistance levels, the price could start a decent increase. In the stated case, the price may perhaps rise towards the $41,000 resistance zone. Any more gains could set the pace for a move towards the key $41,500 level in the near term. More Losses in BTC? If bitcoin fails to clear the $40,400 resistance zone, it could start another decline. An immediate support on the downside is near the $39,650 level. The next major support is seen near the $39,250 level. A downside break below the $39,250 support zone could accelerate losses. In the stated case, the price could decline towards the $38,500 level or even $37,750. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $39,650, followed by $39,250. Major Resistance Levels – $40,400, $41,000 and $41,500.

Just to put things straight right away, I don’t think Loopring is necessary BAD, I just think it’s unrealistically overhyped. Until Loopring develops its own EVM compatible vm, it’s literally just a DEX. Polygon on the other hand is way more EVM compatible. So far Loopring has been a “wait for more development and you’ll…
Read more

After launching a museum district with a long list of top NFTs, punk6529 bullishly told their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”

Ripple CEO Brad Garlinghouse told attendees of the Paris Blockchain Week that the ongoing case with the SEC is going exceedingly well.

Is there a way to mass delete or wipe out all the accounts on the app so I can export in a bunch of other ones from my other device? Selecting one by one and clicking on trash bin is too tedious.. Thanks! submitted by /u/taquitoxz86 [link] [comments]

The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with […]

submitted by /u/Wabi-Sabibitch [link] [comments]

Just getting started lmk if you're interested! People are working on building dapps & stuff like that https://discord.gg/Svn3rxXNSc submitted by /u/Remarkable-Tough-326 [link] [comments]