Author: Donald Munn
Bitcoin Analysis Bitcoin’s price bounced back on Wednesday and concluded its daily session +$388.1. Wednesday’s close marked three daily candle closes in green figures out of the last four days for Bitcoin. The first chart we’re analyzing for Thursday is the BTC/USD 1D chart below from Unity-Trading-Group. BTC’s price is trading between 0.00% [$17,644.61] and 23.60% [$21,151.87]. The overhead targets for bullish BTC traders are the 23.60% fib level, 38.20% [$23,321.61], 50.00% [$25,075.24]. Traders expecting further downside next are targeting 0.00% [$17,644.61] and -27.20% [$13,602.35]. BTC/USD 1D chart: the price is trading between 0.00% [$17,644.61] and 23.60% [$21,151.87]Bitcoin’s Moving Averages:…
The world of traditional finance and the cryptocurrency asset are known to look at each other suspiciously, distrustful of each other, and always ready to erode capital from each other, but an assist to peace comes from Circle. Circle and the USDC stablecoin The Luxembourg-based regulator intends to serve as a bridge between classical finance and the world of digital currencies. Circle has let it be known that it has adopted USDC, the stablecoin born from the combined efforts of Coinbase and Circle, to be exact. USDC is based on the U.S. fiat currency, the dollar, and stands with it…
If you don’t wish to risk your capital speculating on future crypto market prices but also don’t want to just HODL and leave your digital currency sitting idle, then an interest-generating wallet is the way to go. Even in a bear market you can safely store your funds and continue to earn a consistent rate of interest, while you wait for the market to recover. There are countless options to choose from so to get the most secure, profitable wallet that best meets your specific needs, you have to first create a checklist. So, what are the most important features…
Celsius Network has been sued for fraud. The complaint was filed by the U.S. company KeyFi in New York State court. Celsius platform sued on scam charges The allegation is that it failed to pay several million dollars to KeyFi as required by a profit-sharing agreement. You can find a copy of the filing here. I hope that this sheds some light not only on the history of 0xb1, but on how @CelsiusNetwork has conducted itself over the past few years in general. https://t.co/FNHs7fDb3B — 0xb1 (@0x_b1) July 7, 2022 KeyFi founder Jason Stone was an employee of Celsius Network…
Robinhood has announced the enabling of Bitcoin (BTC) transfers and listed cryptocurrencies in its trading app for all users. As of now, it will also be possible to send and receive cryptocurrencies. Robinhood and the activation of Bitcoin and cryptocurrency transfers Robinhood’s trading app announced that it had enabled transfers for all users in regards to Bitcoin (BTC) and all listed cryptocurrencies. Crypto transfers are here. You can now send and receive all listed crypto assets on Robinhood: https://t.co/B41xoSGcQA pic.twitter.com/Tw18oIgSGX — Robinhood (@RobinhoodApp) July 7, 2022 “Cryptocurrency transfers are here. You can now send and receive all cryptocurrencies listed on…
The Aave platform has issued a proposal stating it wants to launch its own protocol-native stablecoin. Aave’s proposal regarding the stablecoin project Aave is one of the largest DeFi protocols in the Ethereum ecosystem and fights on the podium with MakerDAO and Uniswap. It currently sits in third place with a TVL of $5.4 billion, according to DeFi Pulse data. Apparently, it now appears that Aave wants to launch its own native stablecoin that is first and foremost dollar-linked, decentralized, and collateral-backed. The leaked name is GHO, and, according to what has been said so far, it appears that it…
The price of ETH (Ethereum) has recently been on the rise after spending entire weeks in the red. Ethereum price begins to recover from the big drop During the current phase of decline, which began in mid-November 2021, the lowest peak was just last month, below $900. At that time, there were several fears regarding the possibility that the decline could continue further. However, after an initial immediate rebound to $1,100, the slump seemed to be halted. In fact, the price has not fallen to $900 since then. Actually, the price has not fallen below $1,000 for almost twenty days…
With the ratification of a bill, the Duma bans payment in crypto and establishes a register of operators authorized to work in the sector. Russia: only some will be allowed to make payments in cryptocurrency With the approval of a controversial bill, the Duma, while waiting for a framework law to regulate cryptocurrencies in all their aspects and forms, bans payment in digital currencies and uses all those instruments that make it even partially possible. Digital currencies are defined as. “A set of electronic data contained in an information system that can be accepted as a means of payment which…
Celsius Network appears to have fully paid off its loan in Bitcoin, while the liquidation price has now dropped to zero dollars. Celsius Network pays off 100% of its loan in BTC, and the settlement price is $0 Within a few days, cryptocurrency lending company Celsius Network repaid its loan in Bitcoin and dropped the settlement price to $0. BREAKING: Celsius Network has completely paid off its #Bitcoin loan. Their liquidation price has dropped to $0.00. — Watcher.Guru (@WatcherGuru) July 7, 2022 “BREAKING: Celsius Network has fully repaid its loan in Bitcoin. The settlement price has dropped to $0.00.” Just…
According to a report by Crypto Compare, Solana is one of the worst-performing cryptocurrencies in the first six months of the year. Solana is among the worst-performing cryptocurrencies Solana, like all other cryptocurrencies, loses a lot of ground, but is among those that perform worse A report just released by Crypto Compare shows that the cryptocurrency market has continued to fall steadily and sharply over the past two months. The bankruptcy of the Three Arrows Capital fund, in particular, dragged down the prices during a strongly negative month of June, in which the two main cryptocurrencies ETH and BTC fell…