Tag: Support

Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments – Bitcoin News

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Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments. Bitpay Reveals Polygon MATIC Support Bitpay announced on Wednesday that the crypto payments processing company now supports the Polygon (MATIC) protocol. Polygon is a proof-of-stake (PoS) layer two (L2) Ethereum scaling network that launched in October 2017. In…

CashApp adds support for Bitcoin Lightning Network

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According to a new page added to its support section on Oct. 25, Cash App — a mobile phone payment processing app created by Block Inc. — has added support for transactions via the Bitcoin Lightning Network. The new feature allows Cash App users to send and receive Bitcoin (BTC) on the faster, more efficient layer-2 protocol. Lightning is ideal for small transactions, with near-instant processing times, compared with the minutes to hours required on the Bitcoin blockchain.  Cash App had already supported Bitcoin transactions on the Lightning Network in a limited…

Ethereum Name Service (ENS) Drops To $16 Support; Will Bears Come Out Top?

ENS’ price shows strength as price holds strong above the key support zone to avoid price retesting lower point on the daily chart. ENS rejected a trend higher above $20 as the price faced a sharp rejection to a region of key Support of $16.5.  The price of ENS continues to hold strong above the 50 and 200 Exponential Moving Averages (EMA) as the price aims to rally toward $20. The price of Ethereum Name Service (ENS) has continued to hold strong as price trends toward the region of $20…

New to Crypto? Make Sure You Use an Exchange with Support and Education

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The crypto market is still in its infancy, and many new users are eager to get involved with this exciting new asset class. However, the industry grows and becomes more mainstream. Therefore, there will be an increased need for people with knowledge of how cryptocurrencies work and how they can use them safely. Start at The Beginning Newer customers must understand what they’re getting into before using crypto exchanges. There are many ways to lose money quickly if you don’t know what you’re doing, and a misunderstanding of how cryptocurrencies…

MakerDAO Members Support Founder’s ‘Endgame’ Plan to Break Up into MetaDAOs, $2.1B of Transfers

MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where contributors manage the platform and discuss decision-making proposals in a forum, and owners of the platform’s governance token, maker (MKR), vote to approve or reject each proposal. Source

Solana Struggles Below Key Resistance, Can Price Flip $30 Into Support?

SOL’s price struggle to reclaim a key support area of $30 after losing this region.  SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards.  The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price of Solana (SOL) has had a difficult start to October despite many traders and investors speculating the month to be fruitful for most crypto, including Solana (SOL), calling it names like Uptober. The crypto market,…

Fidelity To Support Ethereum Trading For Institutions

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Fidelity Digital Assets is adding support for Ethereum trading for institutional trading effective at the end of the month. The news comes through a widely amplified screenshot of a leaked email that was reportedly sent to the firm’s clients. Lets take a look at what we know in the early days around this leak, with realized support for Ethereum expected to be just a week away. Fidelity Digital Assets Makes A Big Stride Fidelity Investments operates one of the biggest financial institution behemoths on the planet, and has shown continued…

Solana (SOL) Breaks Below $30 Support; Have Bulls Given Up So Soon?

SOL’s price struggles to hold above key support as price trades below the region of interest for more uptrend.  SOL continues to struggle as prices get rejected in a downtrend price movement after losing support to bears.  The price of SOL trades below $30 first the first time after a while as the price continues its movement below 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe.  The price of Solana (SOL) hasn’t looked as strong as it should, as the price lost its key support and has…

Bitcoin Price Consolidates, Can Move To The Closest Support Line Soon

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Bitcoin price has been trading sideways, struggling to break past its immediate resistance level. Over the last 24 hours, Bitcoin fell by 1%, confirming sideways trading. In the last week, BTC has barely made any progress with its price. If the coin continues to stick around the same price level, it could soon be a free fall for the asset. The technical outlook points towards the weakness in buying power. Demand for the coin remains low as the asset fails to move up north. A fall from this price zone…

Casper Network (CSPR) Retraces To Key Support $0.041, Are Bulls Still In Control?

CSPR’s price struggles to hold above key support as the price needs to hold above $0.041 to maintain its bullish run.  CSPR continues to struggle as a hidden bearish divergence appears in the four-hourly timeframe suggesting a change in trend could be imminent.  The price of CSPR continues to look bullish as price trades above the 50 Exponential Moving Average (EMA) on the daily timeframe.  Casper Network (CSPR) has gained traction in recent weeks, with the price rallying from its weekly low to a high of $0.055, where it met…