Grayscale ETH trust nears record 60% discount as nerves continue over DCG
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity.
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity.
The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe.
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An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid Investigation of Embezzlement and Stock Price Manipulation An executive linked to South Korea’s largest […]
Ethereum is moving higher above $1,220 against the US Dollar. ETH could rise further if there is a clear move above the $1,240 and $1,250 resistance levels. Ethereum is attempting a fresh increase above the $1,200 and $1,220 resistance levels. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $1,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear move above the $1,250 resistance. Ethereum Price Starts Increase Ethereum price remained well bid above the $1,200 level. ETH bull were active and defended heavy losses below the $1,180 level. The price started a decent increase above the $1,220 level, similar to bitcoin. A low was formed near the $1,204 and the price climbed above the $1,220 level. The price even climbed above the $1,230 level and is currently showing a lot of positive signs. The price is now showing a lot of bullish signs above the $1,220 level. Ether price is also trading above $1,200 and the 100 hourly simple moving average. There is also a connecting bullish trend line forming with support near $1,200 on the hourly chart of ETH/USD. The pair seems to be consolidating above the 23.6% Fib retracement level of the recent wave from the $1,204 swing low to $1,233 high. Source: ETHUSD on TradingView.com An immediate resistance is near the $1,250 level. The next major resistance is near the $1,265 level. A close above the $1,265 resistance could start a decent upward move. In the stated case, the price may perhaps rise towards the $1,300 resistance. The next major resistance could be $1,350, above which the price might rise towards the $1,400 resistance zone. Dips Supported in ETH? If ethereum fails to climb above the $1,250 resistance, it could start another drop. An initial support on the downside is near the $1,220 level. The next major support is near the $1,200 level. A downside break below $1,200 might send the price towards the $1,180 support. Any more losses might call for a test of the $1,100 zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,200 Major Resistance Level – $1,250
United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX.
Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection […]
Happy birthday Ravencoin! 🥳🎉🎈 Graphic courtesy of www.rvn-dashboard.com Can't wait to see what's in store for Ravencoin in 2023! https://preview.redd.it/mjvc563rsx9a1.png?width=1340&format=png&auto=webp&s=b0da6ebc0cf7d63f2ec304e6bdc38452b60507d5 submitted by /u/TheHumbleMiner [link] [comments]
https://preview.redd.it/zxsm748jpx9a1.png?width=1340&format=png&auto=webp&s=fe96ddb052f3cb815df205d3dfe15b1d1936ff74 5 years old today! submitted by /u/TheHumbleMiner [link] [comments]