Tag: Support

Ripple (XRP) Clings To Support As Bearish Divergence Plays Out; Will $0.44 Hold?

XRPโ€™s price struggles to hold above key support as the price needs to hold above $0.44 to maintain its bullish run.ย  XRP continues to struggle as bearish divergence appears on the daily timeframe suggesting a change in trend could be imminent.ย  The price of XRP continues to trade below the 200 Exponential Moving Average (EMA) as 50 EMA acts as support on the daily timeframe.ย  The price of Ripple (XRP) in the past few weeks has seen more traction as the price showed strength rallying from its weekly low to…

A16z Doesnโ€™t Support Plan to Break Up DeFi Giant MakerDAO

“Currently, MakerDAO is wrestling with the trade-offs between growing the protocol or hardening it against regulatory risks,โ€ Dustin Teander, an analyst at crypto intelligence platform Messari, told CoinDesk. โ€œDecentralization has to play a part of course, but a small, decentralized product doesn’t actually solve the market problem for the people that need it.” Source

Effort to Reverse Bitcoin Fund Rejection Wins Broad Crypto Industry Support

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“The Commission’s ‘thumb on the scale’ approach does not withstand scrutiny,” the groups said, calling spot Bitcoin ETPs “ideally suited for investors that desire exposure to Bitcoin. The groups added that the SEC had allowed “similar, riskier products to enter the market,” and that spot ETPs plainly satisfy regulatory requirements for listing on national exchanges,” similar to Bitcoin futures ETPs. Original

Cardano Finds Breathing Room At $0.35 Support

Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart. Cardano failed to hold the $0.41 crucial support range and settle to the new support marker of $0.36 ADA is forecasted to trade from $.0403 to $0.416 in the coming days Cardano addresses grow despite bearish market sentiments Tracking from Coingecko shows the smart contract token is trading at $0.371, raising its price by almost 1% during a 24-hour period. The altcoin, however, continues to struggle as it remains in the…

Cosmos Clings To $12 As Price Struggles, Will This Region Act As Strong Support?

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ATOMโ€™s price shows strength as price breaks bounced off from $12 with good volume with eyes set to reclaim $13.ย  ATOM breaks out of a downtrend as the price resumes a bullish structure.ย  The price of ATOM continues to trade above 50 Exponential Moving Average (EMA) in the four-hourly timeframe.ย  The price movements of Bitcoin (BTC) have hurt most altcoins, with Cosmos (ATOM) finding its price at key support as bulls defend this region with blood and sweat. The recent Consumer Price Index news had a significant impact on the…

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

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MKRโ€™s price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1,200.ย  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…

Binance launches $500M lending project to support crypto miners

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Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners.ย  According to the official blog post from Oct. 14, the Binance Pool will provide access to a $500 million loan fund on several conditions, which include an 18-to-24-month term, 5% to 10% interest rates, and some physical or digital assets as a security. The company will look at a wide range of metrics, including current performance, mining power and security…

Ethereum merge en koersanalyse

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ‘‰ Meld je aan voor mijn wekelijkse nieuwsbrief: ๐Ÿ‘ˆ ๐Ÿ‘‰ Kijk ook op ๐Ÿ‘ˆ De ethereum merge komt steeds dichterbij en in deze video leg ik uit wat de merge precies inhoudt en wat dit voor jou betekend. In het tweede gedeelte van de video gaan we in op de grafiek van Ethereum en bespreek ik welk effect de merge heeft op de prijsvorming. Goede nieuwsbronnen: Inhoud van de video 00:00 – Intro 02:41 – Ethereum merge 15:59 – Koers analyse 26:46…

Crypto Exchange Binance Announces $500,000,000 in Funding To Support Critical Bitcoin Sector

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The worldโ€™s largest crypto exchange platform is announcing plans to raise hundreds of millions of dollars to support Bitcoin (BTC) mining. In a new company press release, Binance says it is launching a $500 million fundraising pool to support the crypto mining industry. โ€œAs one of the worldโ€™s leading crypto mining pools, Binance Pool has a responsibility to help maintain a healthy digital asset ecosystem. In light of current market conditions, Binance Pool is launching a $500 million lending project to support crypto miners and digital infrastructure providers. The first…