Historical trend of the 200-day and 600-day MAs may suggest Bitcoin could observe another big drop in the near future. Current Bitcoin Pattern Has Historically Lead To A Big Drop In The Price As pointed out by an analyst in a CryptoQuant post, the current Bitcoin price looks to be squeezed between the 200-day and 600-day MA curves. A “moving average” (or MA in short) is an analytical tool that averages the price of Bitcoin over any desired range. As its name suggests, this average constantly updates itself as each…
Day: April 22, 2022
Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’ – News Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original
How Web 3.0 apps must adapt to become next-gen of tech, explained
Unlike Web 2.0 applications, offerings built on Web 3.0 are enabling users with true data ownership. Web 2.0 brought about a major change to how the world views the internet, introducing online platforms like TikTok, Twitter, Meta (former Facebook) and Instagram, among others. Although valuable in the number of opportunities made available, Web 2.0 has brought concerns about data ownership. With users spending more time online, their data, including what they like, the content they create and other details about themselves, are being shared with big tech companies, many of…
Urgent Crypto Market Update – My Crypto Story – Crypto Tamil
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I have explained the condition of the current crypto market and which side it can potentially go further. I have also shared exclusive content which is my crypto story. I never shared it in our channel before and this is the first time I am revealing my past crypto life 🙂 #Bitcoin #CryptoTamil #BitcoinTamil #BitcoinMarketUpdate #BitcoinCrash #ICO #IDO #IEO Telegram Announcements: Telegram Discussion Group: Search for @cryptotamilyt and @cryptotamil in Telegram. ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● I Created an App for our CryptoTamil…
Panamanian Legislative Assembly’s Committee Approves Bill Regulating Cryptocurrencies
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…
The Downfall of ‘Shadow Banker’ Reggie Fowler and Crypto’s Rising Legitimacy
Fowler’s downfall was nearly inevitable – not just because he was in bed with bad people, but because he himself seems short on both ethics and competence. For instance, Fowler is sometimes described as a “former NFL investor,” but his escapades in the big leagues were a lot closer to slapstick than business. He lost his stake in the Vikings in 2014 after failing to make payments because of problems with his other businesses, according to Minnesota’s Star Tribune. The Tribune also reports that Fowler lied about his accomplishments repeatedly,…
Bitcoin Extends Pullback; Support at $37K, Resistance at $46K
Bitcoin (BTC) continues to trade around the $40K price level, which is the midpoint of a three-month long price range. The cryptocurrency is struggling to maintain positive momentum as indicators shift neutral. Original
Treasury Dept. Sanctions More North Korea-Linked ETH Wallets Over $600M Ronin Hack
The operators of the Ronin exploit wallet, said by the FBI and OFAC to be North Korea’s Lazarus hacking group, have been laundering funds by moving them from a sanctioned address to an intermediary address before sending the funds to Tornado Cash, a mixer designed to obfuscate the source and destination of funds moved through the service. Source
Bitcoin Under Pressure Near $40K, Two Reasons Why That Could Change
Bitcoin remains rangebound in the high $30,000 to low $40,000 areas. The first crypto by market cap has seen its volatility reduce as several factors contribute to the slowdown across the sector. Related Reading | TA: Bitcoin Trims Gains, Support Turned Resistance At $41K At the time of writing, Bitcoin (BTC) trades at $40,500 with a 6% loss in the last 24-hours and a 1% profit over the past week. BTC moving sideways on the 4-hour chart. Source: BTCUSD Tradingview Trading firm QCP Capital believes Bitcoin has been trading in a…
The Web3 arms race is upon us, April 14–20, 2022
“Web3” used to be an empty industry buzzword that described the next iteration of the internet. In 2022, Web3 is still an annoying buzzword, but at least the blockchain community is trying to assign it real-world utility. This week’s Crypto Biz newsletter features several major funding rounds dedicated to building the Web3 economy. After reading through the stories, you can decide whether we’re actually getting closer to defining Web3. Oh, and remember all the buzz surrounding Special Purpose Acquisition Companies, or SPACs? A crypto-focused SPAC just closed an initial public…