Bitcoin price is falling below the $37,000 level. BTC may continue to decline towards the $36,000 level or even the $35,000 area in the next session. Bitcoin is in a downward trend and is moving down from the $37,750 resistance. The price is trading below $37,400 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $37,380. A break above the support level of $36,750 could continue the decline for the currency pair. Bitcoin price decline continues Bitcoin price surged into the $38,500 area…
Author: Crypto Flexs
Read More
A widely respected cryptocurrency analyst has named two altcoins he is bullish on as Bitcoin (BTC) reclaims the $38,000 range. pseudonym trader The Flow Horse says The 188,000 followers of social media platform “Things I’m optimistic about. Consistent leaders in this movement – SOL and LINK are good examples. Any project that can be substantially related to artificial intelligence. New coin with fewer carts available. “There is no psychologically burdensome bearish price history and no backholder overhang.” Chainlink is trading at $14.58 at the time of this writing, up 2.2% in the last 24 hours. Meanwhile, Solana is trading at…
TL;DRCrypto key management involves understanding and protecting your crypto wallet keys.Key management also includes protecting the various mechanisms (like passwords) that can provide access to your crypto wallet keys.Consider all of the accounts and mechanisms that are used to gain access to your keys both in your wallet(s) and in all backup locations. In the event of a possible wallet compromise, sweep your crypto to a new wallet. Practice this so that you understand the process and could do it quickly. In case you need to restore your wallet on a new device, you should carefully practice restoring your wallet…
The Securities and Exchange Commission (SEC) on Tuesday received new feedback from the public on whether it should approve or disapprove a spot Bitcoin ETF requested by asset manager Franklin Templeton, just weeks after first delaying a decision on the proposed fund. He stated that he wanted to. The move has some analysts noting that regulators appear to be moving quickly. The SEC said it wants more analysis and is “initiating proceedings” to do so. Regulators asked commenters Tuesday about the fund’s relationship with Coinbase, which would serve as custodian if the ETF wins approval, as well as concerns about…
A new chapter in the Ethereum story Hello everyone, my name is Louise, a DeFi cryptocurrency trader at Platinum Crypto Academy. Today I’m excited to explore the latest development in the cryptocurrency world: the launch of Blast, Ethereum’s new layer 2 network. As a cryptocurrency enthusiast who has been a part of this dynamic industry for many years, I have been eagerly tracking all the twists and turns of this groundbreaking platform. This is not just another update in the blockchain space. This is a pivotal moment that could redefine the future of Ethereum. When I first heard about the…
Animoca Brands, a leader in advancing digital property rights in games and gaming open metaverserecently announced a large strategic investment in the Open Network Foundation (TON) ecosystem. As a result of this investment, Animoca Brands has become the largest validator of open network blockchains and marks an important milestone in the growth and development of both companies. Animoca Brand Supports TON Play As recently announced blog postAnimoca Brands’ investment demonstrates its interest in supporting third-party gaming projects within an open network ecosystem. One of the key initiatives supported by Animoca Brand TON Play is a game infrastructure project that provides…
Interactive Brokers, one of the world’s largest brokerage firms, has launched cryptocurrency trading for retail clients in Hong Kong.According to a November 28 announcement, the service comes with OSL, one of the first cryptocurrency exchanges to receive a virtual asset service provider (VASP) in Hong Kong. “Retail investors at Interactive Brokers in Hong Kong now have instant access to digital asset trading through a single, integrated platform powered by OSL,” the developers wrote.According to the website, Interactive Brokers’ Hong Kong clients can hold Bitcoin (BTC) or Ethereum (ETH) in their personal accounts along with stocks, derivatives, commodities, forex and other…
By Daniel C. Burnett, EEA Executive Director Recently, I sent an email to all members of the Enterprise Ethereum Alliance (EEA) outlining my intention to explore a new direction for our organization. This decision is a direct response to what we see as a profound and very exciting evolution of the Ethereum ecosystem as a global business platform. Because this evolution has significant implications not only for us but for the wider business community, I wanted to share some of these thoughts with the general public in this blog post. The Decentralized Future Is Here As I wrote to our…
Cryptocurrency analyst Egrag Crypto We continue to maintain an optimistic stance. XRP Token. We are predicting that the token may rise this time. Up to $27. He also explained why this is actually possible. How XRP Could Rise to $27 in post Egrag, shared on the that He said it was $27. With the 2017 surge in mind when the token appeared, it feels like a “reasonable target.” 61,000% increase in 280 days. According to Egrag, “this will be an important milestone” on the way to $27, $3 and $5.8. However, once this is completed, the path to $27 will…
Market Outlook #247 (28th November 2023) Hello, and welcome to the 247th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Polkadot, Cosmos Hub, Aave, Akash Network, Litentry and Rainicorn. As ever, if you have any requests for next week, send them across. Bitcoin: Weekly: Daily: Price: $37,295 Market Cap: $729.275bn Thoughts: If we begin by looking at BTC/USD on the weekly timeframe, we can see that price – despite wicking lower earlier in the week – formed a higher-low above the prior week and closed at marginal new yearly highs on growing volume. We…