Day: October 17, 2022

A Bullish Week In Bitcoin On The Way? BTCUSD Analysis October 17, 2022

boss

In this episode of NewsBTC’s daily technical analysis videos, we are looking at the best chance Bitcoin and the rest of crypto has had for a bullish week in a long time. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 17, 2022 There continues to be not much movement in crypto, with Bitcoin trading at around $19,500 currently. But the lack of movement is welcome after nearly a year of falling prices. Bitcoin Gears Up For Big Move, But Which Direction? Despite the lack of price…

Maker DAO Trends Higher As 50 EMA Holds As Support, Can The Price Breach $1,200?

boss

MKR’s price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1,200.  MKR bounced from a low of $600 as the price rallied to a high of $1,000, preparing for a rally as the price eyes $1,200 key resistance. The price actions shown by Bitcoin (BTC) have affected most altcoins negatively as some have lost their key support, but Maker Dao (MKR) continues to show immersed strength as price breaks out of a long downtrend movement. The Consumer Price Index (CPI) news…

2 key Ethereum price indicators point to traders opening long positions

Ether (ETH) price has been unable to close above $1,400 for the past 29 days and it has been trading in a relatively tight $150 range. At the moment, the $1,250 support and the $1,400 resistance seem difficult to break, but two months ago, Ether was trading at $2,000. The current price range for Ether simply reflects how volatile cryptocurrencies can be. From one side, investors are calm as Ether trades 50% above the $880 intraday low on June 18. However, the price is still down 65% year-to-date despite the…

Bitcoin Long-Term Metrics Show Possible Bear Market Turnaround

boss

Bitcoin has been moving sideways for the better part of a week after rebounding from a monthly low at around $17,900. The number one cryptocurrency hinted at a potential breakout, but once again the bulls are losing momentum leaving BTC’s price stuck at its current levels. At the time of writing, Bitcoin (BTC) trades at $19,500 with a 2% profit in the last 24 hours and sideways movement over the past week. The crab-like price action is replicating throughout the crypto market with large assets moving either sideways or to…

Binance to Launch Cloud Mining Business in November

The move opens a front of competition with Jihan Wu’s Bitdeer, a cloud mining operator that also launched a $250 million fund to buy distressed assets in late September. Wu is the ousted co-founder of Bitmain, the largest manufacturer of crypto mining machines in the world. Another big player in the cloud mining space is BitFuFu, backed by Bitmain’s other founder, Ketuan Zhan. Source

SHORTER COINBASE ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Twitter : Telegram : Faire un don : Newsletter anglophone : Playlist de la série : USDT : USDC : BUSD : DAI : ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Société Générale progresses in crypto space with digital asset services registration

boss

The French stock market regulator, the Autorité des marchés financiers (AMF), approved France’s Société Générale bank as a digital assets service provider (DASP) on Sept. 27. Société Générale joined international operators such as Voyager, Bitpanda, Binance and Etoro as registered DASPs. The bank did not announce its approval.  Société Générale’s digitally focused Forge subsidiary was registered to provide digital assets custody, the purchase/sale of digital assets for legal tender and the trading of digital assets against other digital assets. The French bank announced in June that it was partnering with…

Ethereum-Based Altcoin Project Jumps After Crypto Exchange Coinbase Adds It to Listing Roadmap

boss

An Ethereum (ETH)-based altcoin is rallying following news that top US crypto exchange Coinbase has added the project to its listing roadmap. Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, has seen more than a 16% price increase in the days following Coinbase’s announcement via Twitter. For transparency purposes, Coinbase adds projects to its listing roadmap as a precursor to making them available for trade on its exchange and announces the additions via Twitter. Lido DAO and its ERC-20 token LDO aims to allow users to…