❌ Well, well… looks like the U.S. SEC has been a little too accommodating with SBF on the FTX fraud case.
https://coingape.com/u-s-house-committee-doubts-timing-of-sec-ftx-probe
https://coingape.com/u-s-house-committee-doubts-timing-of-sec-ftx-probe
CoinGape
Breaking: U.S. House Committee Doubts Timing Of SEC’s FTX Probe
The U.S. House Committee on Financial Services Republicans sought from the SEC all documents and records related to the FTX probe.
Power Crypto Club
🚩#Bitcoin Quick Update‼️ 👉 $BTC broke its channel resistance to move its price exactly (for now!) on the $21,900 which is the 50% level of the second impulse wave, and therefore a potential buy area for $BTC which was already traced in my previous TA of 25…
🚩#Bitcoin Quick Update‼️
👉 If $BTC's price would rebound from this level, then my price zone will have been the right one during this phase. Let's wait and see.
👉 If $BTC's price would rebound from this level, then my price zone will have been the right one during this phase. Let's wait and see.
✅ #JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next #Ethereum upgrade, codenamed #Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already staked in other blockchain networks.
https://news.bitcoin.com/jpmorgan-estimates-ethereum-shanghai-upgrade-might-bring-more-investors-to-stake-in-the-protocol/
https://news.bitcoin.com/jpmorgan-estimates-ethereum-shanghai-upgrade-might-bring-more-investors-to-stake-in-the-protocol/
Bitcoin News
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News
JPMorgan estimates the arrival of the Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol.
BTC Quiz: Which Country has the most control over Bitcoin due to its Pool Distribution? (Binance Pool not included)
Anonymous Quiz
0%
Canada
31%
China
0%
Iran
8%
Ireland
0%
Japan
15%
Kazakhstan
8%
Malta
23%
Russia
15%
USA
Power Crypto Club
🚩#Bitcoin Quick Update‼️ 👉 If $BTC's price would rebound from this level, then my price zone will have been the right one during this phase. Let's wait and see.
🚩#Bitcoin Quick Update‼️
👉If the rebound in $BTC continues with a new impulse wave… well, it could be called “Fly Fishing” because a perfect precision was required to trigger that buy entry point. 😂
👉If the rebound in $BTC continues with a new impulse wave… well, it could be called “Fly Fishing” because a perfect precision was required to trigger that buy entry point. 😂
🔅Always sensitive to trading highly speculative coins that will pump mainly due to their strong marketing, or any FOMO on an announcement from their community, rather than based on their development plans which are often unclear or non- non-existent. This is the case of $DOGE and E. Musk, or $XRP the king of announcements of announcements, but also #Elrond, #EGold, initially a store of value currency on gold, which after a Mainnet in 2020 changed its name to #MultiversX (probably more attractive to newbies !?) and which is now described as a blockchain platform for the new internet economy, decentralized applications and enterprise use!?!?? 😜
👉 #EGLDUSD price structure clearly shows 2 successive huge speculative bubbles occurred in 2021, followed by 2 violent speculative collapses of -80% and -94# respectively. However, If $EGLD has too many red flags for any investment, there are still some interesting short positions to take, like this H&S pattern.
👉 #EGLDUSD price structure clearly shows 2 successive huge speculative bubbles occurred in 2021, followed by 2 violent speculative collapses of -80% and -94# respectively. However, If $EGLD has too many red flags for any investment, there are still some interesting short positions to take, like this H&S pattern.
🔅 Bullish Market Structure
👉 Here are some clean bullish price structures defined by their series of higher highs (HH) and higher lows (HL), always in the same rising direction, and which are building their uptrend channel.
👉 The more contact points the ascending channel will have on its resistance (upper line) and support (lower line), the stronger the uptrend channel will be to go further.
👉 If the price breaks from the upper channel line then it indicates the continuation of the prior bullish trend.
On the other hand, if the price breaks the lower channel line, it will signal a strong trend reversal to exit long position.
#LTCUSD
#MATICUSDT
#CHRUSDT
#ALGOUSDT
@AlainBKK 17-Feb-2023
👉 Here are some clean bullish price structures defined by their series of higher highs (HH) and higher lows (HL), always in the same rising direction, and which are building their uptrend channel.
👉 The more contact points the ascending channel will have on its resistance (upper line) and support (lower line), the stronger the uptrend channel will be to go further.
👉 If the price breaks from the upper channel line then it indicates the continuation of the prior bullish trend.
On the other hand, if the price breaks the lower channel line, it will signal a strong trend reversal to exit long position.
#LTCUSD
#MATICUSDT
#CHRUSDT
#ALGOUSDT
@AlainBKK 17-Feb-2023
💚 It seems that despite all the trouble that financial regulators (especially US financial authorities incl. SEC) and many central banks around the world are taking to slow down the crypto's mass adoption... well, $BTC, $ETH and the best utility Alts projects for the future continue to rise steadily, reaching new highs since 2022. 💚
Power Crypto Club
🚩#Bitcoin Quick Update‼️ 👉If the rebound in $BTC continues with a new impulse wave… well, it could be called “Fly Fishing” because a perfect precision was required to trigger that buy entry point. 😂
🚩#Bitcoin Quick Update‼️
👉 After crossing from bottom (blue buying area) to top (red selling area) its mature 246-day range, $BTC is now testing the $25,200 resistance for the second time, which once broken would allow it to finally breakout of this range before to start rising towards $30k.
👉 After crossing from bottom (blue buying area) to top (red selling area) its mature 246-day range, $BTC is now testing the $25,200 resistance for the second time, which once broken would allow it to finally breakout of this range before to start rising towards $30k.
🇨🇳 #China Bans $BTC and Forces people to SELL it at $60k...
... then now allows people (Hongkong) to BUY it back at $20k.
🇺🇸 #USA Attracts people to BUY $BTC at $60k...
... then now wants to Ban, Forcing people to SELL it at $20k.
👉 Let me know if I missed something because I'm a bit confused about who’s the bad guy here (even I've my idea) ⁉️
... then now allows people (Hongkong) to BUY it back at $20k.
🇺🇸 #USA Attracts people to BUY $BTC at $60k...
... then now wants to Ban, Forcing people to SELL it at $20k.
👉 Let me know if I missed something because I'm a bit confused about who’s the bad guy here (even I've my idea) ⁉️
✅ Blockchain for the Future: A (growing) list of blockchain use cases. (1/3)
The blockchain process of transacting & storing information on a decentralized, distributed ledger yields many benefits for enterprise application data:
🔹An integrated network, updated in real-time with always-consistent data
🔹Ability to set rules for each blockchain enforces compliance
🔹Tracing data from provenance to present to reduce disputes or discourage fraudulent activity
🔹Increased efficiency of industry processes, reduced auditing costs
🔹Consent, protection & control of consumer/customer data
🔹High level of trust in repository of transactional data
👉 Note for Crypto investors: Decentralization being by nature deconstructive of all that is monolithic, never believe those who say they can do everything, Focus only on projects that excel in a specific area. Just as a blockchain is not useful in all areas, Focus only where are real needs.
Non-exhaustive list of blockchain use cases per industry
▶️ List-1
▶️ List-2
The blockchain process of transacting & storing information on a decentralized, distributed ledger yields many benefits for enterprise application data:
🔹An integrated network, updated in real-time with always-consistent data
🔹Ability to set rules for each blockchain enforces compliance
🔹Tracing data from provenance to present to reduce disputes or discourage fraudulent activity
🔹Increased efficiency of industry processes, reduced auditing costs
🔹Consent, protection & control of consumer/customer data
🔹High level of trust in repository of transactional data
👉 Note for Crypto investors: Decentralization being by nature deconstructive of all that is monolithic, never believe those who say they can do everything, Focus only on projects that excel in a specific area. Just as a blockchain is not useful in all areas, Focus only where are real needs.
Non-exhaustive list of blockchain use cases per industry
▶️ List-1
▶️ List-2