Tag: Support

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

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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…

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.  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

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👉 Meld je aan voor mijn wekelijkse nieuwsbrief: 👈 👉 Kijk ook op 👈 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 world’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. “As one of the world’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…

Solana Fails To Hold $30 Support, How Cheap Will Solana’s Price Be?

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SOL price struggles as $30 support failed to hold, with many buyers sweating on their open SOL position.  SOL price breaks below 50 and 200-day Exponential Moving Average; the price continues its range around the $30 mark.   The price of SOL could restest $24-$16 if the price maintains a bearish structure.  The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price…

Binance Coin (BNB) Loses Key Support, Is $200 The Next Stop?

BNB price struggles as $270 support fail to hold, with many buyers wishing for $200 BNB.  BNB price breaks below 50 and 200-day Exponential Moving Average; this invalidates the bullish price of BNB.  The price of BNB could restest $200 if the price maintains a bearish structure.  Many The price of Binance Coin (BNB) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from…

Exchange Giant Coinbase Adds Support for Ethereum-Based Blockchain Video Game Altcoin As Markets Stumble

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Cryptocurrency exchange Coinbase is listing the utility and governance token of Illuvium (ILV), an open-world fantasy battle game built on the Ethereum (ETH) blockchain. According to the announcement by the largest crypto exchange in the US, consumers should only trade ILV on the ETH network. “Coinbase will add support for Illuvium (ILV) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on Coinbase and Coinbase Exchange in regions where trading is supported.”…

Bitcoin price threatens $19K support ahead of 'most hyped' CPI print

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Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range. Bitcoin (BTC) began Oct. 13 with classic fluctuations around $19,000 as markets prepared for crucial macro data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No sign of upside ahead of key U.S. data Data from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening downside at the time of writing with hours to go until the United States Consumer Price Index (CPI) print for September. Expected at 6.5% year-on-year as per a Bloomberg survey,…

Curve DAO Proposal to Enable Easier CRV Rewards Passes With Overwhelming Support

Depositors on Curve earn up to 4% annual yields from one of the many pools on the platform. Curve is the third-largest decentralized finance (DeFi) project with over $5.8 billion in value locked. Its CRV are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV (veCRV). Holding veCRV allows users to participate in platform governance, earn higher rewards and fees and receive airdrops. Source