Month: September 2021

BTC at resistance

BTC at resistance

BTC bounced again at 40 .9k (near 40 .7k which we have been looking at) and is just below 44k. We are currently rejecting the .786 of the fib retracement, and right above us we have a descending trendline, a fib speed .618, a daily level at 44.8k and the fib golden pocket right above …

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Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of …

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Rari, Telos and Polymath rally as Bitcoin price hits $44K

Rari, Telos and Polymath rally as Bitcoin price hits $44K

Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency payments and Federal Reserve chair Jerome Powell stated that the regulator has …

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BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway

BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman on “The Market Report” — which is live right now! Here’s what to expect in this week’s markets news breakdown: Next, trader Gareth Soloway joins the show to discuss the recent correlation between BTC and the stock market, his sentiments …

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Ethereum bears look to score on Friday’s $340M weekly ETH options expiry

Ethereum bears look to score on Friday’s $340M weekly ETH options expiry

Ether (ETH) price has seen quite a bit of volatility lately and to the surprise of many traders, the $4,000 level continues to present considerable resistance. Currently, the price is respecting the upward channel which started in August but every time the support is tested, the risk of an aggressive correction increases. With that in …

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CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments

CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments

The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other signs of being scams. 14 Entities Charged by CFTC After charging major cryptocurrency exchange Kraken, the Commodity Futures …

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DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome

DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome

One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will feature superheroes …

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Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading

Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading

Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex investigates mystery shutdown Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $43,000 level following the news after hitting local highs above $43,800 on Bitstamp. With the …

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Bragging rights: Twitter previews verification badge for NFT profile pics

Bragging rights: Twitter previews verification badge for NFT profile pics

Twitter has unveiled an in-development tool that will enable users to display a verified NFT as their profile picture. Mada Aflak, a senior software engineer at Twitter, shared a video demonstrating functionality that allows users to add NFTs to their accounts. Users can simply edit their profile, connect a cryptocurrency wallet, and import their OpenSea …

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Ripple Launches $250 Million Creator Fund to Support NFTs on the XRP Ledger

Ripple Launches $250 Million Creator Fund to Support NFTs on the XRP Ledger

Ripple, one of the leading global blockchain firms, recently launched a $250 million creator fund to help explore new use cases for non-fungible tokens (NFTs) on the XRP Ledger (XRPL). Additionally, Ripple announced that the company is collaborating with innovative NFT marketplaces and creative agencies. Ripple highlighted the growing popularity of the NFT market and …

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Traders identify $41K as Bitcoin’s key support to hold for the short-term

Traders identify $41K as Bitcoin’s key support to hold for the short-term

Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins.  Data from Cointelegraph Markets Pro and TradingView shows that the early morning rally above $42,000 …

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Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI

Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI

Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction. Tesla CEO Elon Musk said at the Code Conference in California recently that governments cannot “destroy crypto,” due to its decentralized nature but can “slow down its advancement.” …

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