Day: November 3, 2022

Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation

AR’s price shows much strength after breaking out from its long downtrend movement.   AR trade with good volume, breaking out from a downtrend as price eyes a rally to a region of $27.  AR’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA) but faces resistance at 200 EMA. Arweave (AR) price showed some great price action as the price rallied from its weekly low of $8 as the price fell from a high of $90 in recent months. The crypto…

What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights

Nearly seven months after Tesla CEO Elon Musk first made a tender offer to purchase social-media giant Twitter, the $44 billion deal finally came to a close, resembling much of the original terms despite a heated corporate tug-of-war. As a platform for news announcements, marketing, and developer-user communication in the blockchain realm, crypto enthusiasts have already begun to speculate on the future of Twitter now that it’s in the hands of the billionaire tech entrepreneur. At the annual Web Summit in Lisbon this week, Changpeng Zhao (CZ), CEO of cryptocurrency…

Netball facing ‘very dark days’ as athletes reject mining sponsor

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sky News host Paul Murray says netball in Australia is in a “world of trouble” on the professional level with some Diamonds players reportedly refusing to step on the court wearing uniforms sponsored by mining magnate Gina Rinehart. Netball Australia and its Players’ Association were in urgent talks ahead of the team’s second Test of the Constellation Cup, with players raising issues about wearing a uniform featuring new sponsor, Hancock Prospecting. “While nobody believes that every single athlete believes in every single…

Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’ – Bitcoin News

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On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ Customers Santander UK has published a new update concerning cryptocurrencies and it warns that investing in such financial vehicles can be “high risk.” The bank notes that the U.K.’s Financial Conduct Authority (FCA) has warned…

El mercado bajista de bitcoin tiene su lado positivo, según el análisis de CryptoCompare

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Según el proveedor de datos CryptoCompare, tanto los inversores chicos como los grandes han comprado consistentemente la criptomoneda en las caídas, lo que contradice las continuas ventas registradas durante los mercados bajistas anteriores de noviembre del 2013 a diciembre del 2014, y de diciembre del 2017 a diciembre del 2018. Los dos mercados bajistas fueron testigos de la caída de bitcoin, que registró una baja de más del 80% desde sus máximos históricos. Original

Bitcoin Puell Multiple Retests Downtrend Line, Will It Break Above This Time?

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On-chain data shows the Bitcoin Puell Multiple is currently retesting the downtrend line, will the metric be able to break above it this time? Bitcoin Puell Multiple Has Gone Up A Bit During Recent Days As pointed out by an analyst in a CryptoQuant post, a trend reversal could be nearing in the BTC market. The “Puell Multiple” is an indicator that measures the ratio between the current daily Bitcoin mining revenues (in USD) and the 365-day moving average of the same. What this metric tells us is how much…

Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned

Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing traders to doubt if the support will hold. On Nov. 3, the Bank of England raised interest rates by 75 basis points to 3%, its largest single hike since 1989. The risks of a prolonged recession also increased as the Monetary Policy Committee struggled to contain inflationary pressure. The U.K. monetary authority noted that its most recent growth and inflation projections present a “very challenging” outlook for the economy. The…