Ramp/USDT ANALYSIS : 1 Day TF
Ramp/USDT is moving along strong trendline support price has taken reversal several times from this region.
Support Level : $0.0310 - $0.0335
Resistance Level : 0.0346 - 0.0360 - 0.0373 - 0.0399 - 0.0433 .
Ramp/USDT is moving along strong trendline support price has taken reversal several times from this region.
Support Level : $0.0310 - $0.0335
Resistance Level : 0.0346 - 0.0360 - 0.0373 - 0.0399 - 0.0433 .
📣 Vitalik Buterin Does Not Believe Crypto Could Replace Traditional Currencies.
According to the Russian-born programmer and one of Ethereum’s Founders – Vitalik Buterin – such a scenario where bitcoin and the altcoins become more dominant than traditional currencies is unlikely: “I do not expect cryptocurrencies to take over the world. It’s about cryptos and digital and governments.” Prior to the COVID-19 pandemic, Buterin praised fiat money for having done a “reasonably good job of being stable” in the last few decades.
According to the Russian-born programmer and one of Ethereum’s Founders – Vitalik Buterin – such a scenario where bitcoin and the altcoins become more dominant than traditional currencies is unlikely: “I do not expect cryptocurrencies to take over the world. It’s about cryptos and digital and governments.” Prior to the COVID-19 pandemic, Buterin praised fiat money for having done a “reasonably good job of being stable” in the last few decades.
MDT/ANALYSIS : WEEKLY TF
MDT/USDT looks good on Weekly time frame Bullish Harmonic pattern also a strong horizontal support price has taken reversal several times from this region.
Support Level : $0.02430 - $0.01485
Resistance Level : 0.02606 - 0.02828 - 0.03051 - 0.03495 - 0.04694 .
MDT/USDT looks good on Weekly time frame Bullish Harmonic pattern also a strong horizontal support price has taken reversal several times from this region.
Support Level : $0.02430 - $0.01485
Resistance Level : 0.02606 - 0.02828 - 0.03051 - 0.03495 - 0.04694 .
BORED APE #7537 SOLD FOR 1,000 ETH 😟
On Tuesday, Bored Ape Yacht Club #7537 was sold for 1,024 Ethereum, valuing nft at approximately $1.14 million.
In Ethereum terms, that’s the highest amount paid for nft Bored Ape on the leading OpenSea marketplace. The sale broke the previous record of 769 eth.
The price paid was not a record in U.S. dollars, and the price of Ethereum was significantly lower than earlier this year
1000 ETH = $1098410.00
Not bad 🥲
On Tuesday, Bored Ape Yacht Club #7537 was sold for 1,024 Ethereum, valuing nft at approximately $1.14 million.
In Ethereum terms, that’s the highest amount paid for nft Bored Ape on the leading OpenSea marketplace. The sale broke the previous record of 769 eth.
The price paid was not a record in U.S. dollars, and the price of Ethereum was significantly lower than earlier this year
1000 ETH = $1098410.00
Not bad 🥲
🔥 Keep Patience, Trust Bitcoin: El Salvador President has A Message for Bitcoin Investors.
Panic has spread all across the crypto market making investors uncomfortable about the recent downside. El Salvador President Nayib Bukele has asked to take a chill pill and maintain patience in such testing times.
Panic has spread all across the crypto market making investors uncomfortable about the recent downside. El Salvador President Nayib Bukele has asked to take a chill pill and maintain patience in such testing times.
Binance didn’t buy US$2B in Bitcoin: founder Changpeng Zhao
Binance did not buy US$2 billion worth of Bitcoin as reported by media over the weekend, its founder and chief executive officer Changpeng Zhao said on Monday in a tweet.
At least two news sites reported that Binance had bought the dip and snapped up around 101,266 Bitcoin, citing movements to a Binance cold wallet.
Withdrawals on the Binance Bitcoin network were paused last week as Zhao said a stuck transaction caused a backlog, but the exchange resolved the issue within a few hours.
Binance did not buy US$2 billion worth of Bitcoin as reported by media over the weekend, its founder and chief executive officer Changpeng Zhao said on Monday in a tweet.
At least two news sites reported that Binance had bought the dip and snapped up around 101,266 Bitcoin, citing movements to a Binance cold wallet.
Withdrawals on the Binance Bitcoin network were paused last week as Zhao said a stuck transaction caused a backlog, but the exchange resolved the issue within a few hours.
🔥 Twitter board has filed a document with the SEC asking shareholders to accept Elon Musk’s $44 billion offer to acquire the company.
When Elon Musk takes over Twitter, he can finally implement his vision, which includes Integrating crypto payments, growing the user base, getting rid of spam bots and upholding free-speech. Elon Musk has also done a virtual meeting with Twitter employees.
When Elon Musk takes over Twitter, he can finally implement his vision, which includes Integrating crypto payments, growing the user base, getting rid of spam bots and upholding free-speech. Elon Musk has also done a virtual meeting with Twitter employees.
Binance-owned Trust Wallet adds buy option via Binance Connect
Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases. The Trust Wallet platform has integrated Binance’s official fiat-to-crypto provider Binance Connect, allowing users to purchase more than 200 crypto assets directly from credit or debit cards.
Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases. The Trust Wallet platform has integrated Binance’s official fiat-to-crypto provider Binance Connect, allowing users to purchase more than 200 crypto assets directly from credit or debit cards.
New Trade for #SC/USDT (Chart: 1 WEEK TF)
SC/USDT is moving along a strong trendline support price has taken reversal many times from this region.Also a Bullish harmonic pattern.
◼️Entry: $0.00410 - $0.00275
🟢 Target 1 : 0.00436
🟢 Target 2 : 0.00477
🟢 Target 3 :0.00516
🟢 Target 4 : 0.00559
🟢 Target 5 :0.00798
🛑SL : 0.00268
SC/USDT is moving along a strong trendline support price has taken reversal many times from this region.Also a Bullish harmonic pattern.
◼️Entry: $0.00410 - $0.00275
🟢 Target 1 : 0.00436
🟢 Target 2 : 0.00477
🟢 Target 3 :0.00516
🟢 Target 4 : 0.00559
🟢 Target 5 :0.00798
🛑SL : 0.00268
New Trade for #MIR/USDT (Chart: 1 HR TF)
MIR looks good on 1HR time moving along strong trendline support price has taken reversal several times from this region currently in FIB Golden Pocket. POC is also aligning with in the demand zone.
◼️Entry: $0.17821 - $0.17212
🟢 Target 1 : 0.18334
🟢 Target 2 : 0.18936
🟢 Target 3 :0.19517
🟢 Target 4 : 0.19952
🟢 Target 5 : 0.21073
🛑SL : 0.16583
MIR looks good on 1HR time moving along strong trendline support price has taken reversal several times from this region currently in FIB Golden Pocket. POC is also aligning with in the demand zone.
◼️Entry: $0.17821 - $0.17212
🟢 Target 1 : 0.18334
🟢 Target 2 : 0.18936
🟢 Target 3 :0.19517
🟢 Target 4 : 0.19952
🟢 Target 5 : 0.21073
🛑SL : 0.16583
📱Solana Labs has announced an Android phone called Saga
Solana Mobile (a subsidiary of Solana Labs) is developing a mobile device specifically for Web3, NFT and DEX.
⚡️ Saga will feature a 6.6-inch display and 512GB of storage, as well as built-in security measures for private keying.
💰 Solana is investing $10 million in a new ecosystem fund to encourage developers to create mobile crypto apps.
The device is already available for pre-order for a $100 deposit. The smartphone itself will cost up to $1,000. It is scheduled for release early next year.
Solana Mobile (a subsidiary of Solana Labs) is developing a mobile device specifically for Web3, NFT and DEX.
⚡️ Saga will feature a 6.6-inch display and 512GB of storage, as well as built-in security measures for private keying.
💰 Solana is investing $10 million in a new ecosystem fund to encourage developers to create mobile crypto apps.
The device is already available for pre-order for a $100 deposit. The smartphone itself will cost up to $1,000. It is scheduled for release early next year.
Ex-manager of Huobi exchange suspected of illegal trading
Police in Hong Kong have detained the former head of institutional clients at the Huobi exchange, Chen Boliang. He is suspected of illegal trading through a front man. A court session in the case will be held next week. Chen was arrested back in May 2020. He is accused of "shady" trading. Bolian set up the firm, registered the account in his father's name, then opened a line of credit for him and used the company's assets to make investments.
Police in Hong Kong have detained the former head of institutional clients at the Huobi exchange, Chen Boliang. He is suspected of illegal trading through a front man. A court session in the case will be held next week. Chen was arrested back in May 2020. He is accused of "shady" trading. Bolian set up the firm, registered the account in his father's name, then opened a line of credit for him and used the company's assets to make investments.
BTC UPDATE:- BTC is following our last scenario perfectly so far. Breaking out from the inverse head and shoulder pattern and currently hovering above the neckline. The real concern here is volume. Volume is not increasing with the volume so we might see a bull trap here after a little pump. BTC needs to break the $21,500 level with good volume for more upside potential. Let's see how it goes.
Stay tuned and pin our channel at the top.
Stay tuned and pin our channel at the top.
CoinFLEX Launches $47 Million Token Recovery Plan to Resume Withdrawals
Last week, cryptocurrency derivatives exchange CoinFLEX joined a growing list of digital asset platforms to halt withdrawals due to market uncertainty and issues with its counterparty. The company has now unveiled a recovery plan that involves the creation of a new token. Announcing the solution on Monday, CoinFLEX said it plans to raise $47 million through the issuance of a new token dubbed Recovery Value USD (rvUSD). The exchange further noted that it has been in talks with “potentially large buyers” who have “significant interest” in the terms offered.
Last week, cryptocurrency derivatives exchange CoinFLEX joined a growing list of digital asset platforms to halt withdrawals due to market uncertainty and issues with its counterparty. The company has now unveiled a recovery plan that involves the creation of a new token. Announcing the solution on Monday, CoinFLEX said it plans to raise $47 million through the issuance of a new token dubbed Recovery Value USD (rvUSD). The exchange further noted that it has been in talks with “potentially large buyers” who have “significant interest” in the terms offered.
Court orders liquidation of Three Arrow Capital
A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported. According to the report, Teneo Restructuring has been mandated to handle 3AC’s restructuring. Although 3AC has yet to comment on the decision, many believe the ruling is a pivotal moment for the struggling cryptocurrency industry. The financial implications of the liquidation for 3AC creditors are unclear.The ruling comes almost two months after 3AC got its first whiff of trouble with the crash of LUNA and UST tokens.
A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported. According to the report, Teneo Restructuring has been mandated to handle 3AC’s restructuring. Although 3AC has yet to comment on the decision, many believe the ruling is a pivotal moment for the struggling cryptocurrency industry. The financial implications of the liquidation for 3AC creditors are unclear.The ruling comes almost two months after 3AC got its first whiff of trouble with the crash of LUNA and UST tokens.
OpenSea's daily sales volume dipped below $1 million
Major NFT marketplace OpenSea is facing a steep drop in daily sales, which recently dropped below $1 million. The drop comes as the broader NFT marketplace is falling in a spiral and prices for popular NFT projects are falling sharply. According to NFT data provider DappRadar, OpenSea's daily trading volume has dropped to about $837,000. By comparison, at its peak in early May 2021, the market recorded more than $405.7 million in sales.
Major NFT marketplace OpenSea is facing a steep drop in daily sales, which recently dropped below $1 million. The drop comes as the broader NFT marketplace is falling in a spiral and prices for popular NFT projects are falling sharply. According to NFT data provider DappRadar, OpenSea's daily trading volume has dropped to about $837,000. By comparison, at its peak in early May 2021, the market recorded more than $405.7 million in sales.