Bitcoin Cash Analysis: Risk of More Losses Below $102
Bitcoin cash price is declining from the $112 zone against the US Dollar, similar to bitcoin. BCH/USD could decline heavily if there is a move below $105.
Bitcoin Cash Price AnalysisBitcoin cash price struggled to gain pace for a move above the $112 and $115 resistance levels. BCH formed a high near $112 and started a fresh decline.
There was a clear move below the $110 and $108 support levels. There was a clear move below the 50% Fib retracement level of the upward move from the $102 swing low to $112 high. The price is now trading below the $112 zone and the 55 simple moving average (4-hours).
Bitcoin cash price is declining from the $112 zone against the US Dollar, similar to bitcoin. BCH/USD could decline heavily if there is a move below $105.
Bitcoin Cash Price AnalysisBitcoin cash price struggled to gain pace for a move above the $112 and $115 resistance levels. BCH formed a high near $112 and started a fresh decline.
There was a clear move below the $110 and $108 support levels. There was a clear move below the 50% Fib retracement level of the upward move from the $102 swing low to $112 high. The price is now trading below the $112 zone and the 55 simple moving average (4-hours).
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up.
Bill Ackman on Crypto Regulation and the Need for Industry to Self-PoliceBillionaire Bill Ackman shared his thoughts on a variety of crypto-related topics, including crypto regulation, in a series of tweets Saturday.
Ackman is the CEO and portfolio manager of Pershing Square Capital Management, a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). His current net worth is about $3.5 billion.
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up.
Bill Ackman on Crypto Regulation and the Need for Industry to Self-PoliceBillionaire Bill Ackman shared his thoughts on a variety of crypto-related topics, including crypto regulation, in a series of tweets Saturday.
Ackman is the CEO and portfolio manager of Pershing Square Capital Management, a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). His current net worth is about $3.5 billion.
Evan Luthra, a Victim of Crypto Exchange FTX, Shares His Story
The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following the collapse of one of the biggest and most powerful crypto trading platforms in the world.
Evan Luthra Has Lost a Lot of MoneyUBS Americas CEO Robert Wolf recently labeled FTX as a “Ponzi scheme.” Millions of investors have seen their money completely vanish after it’s been shown that FTX used customer funds to purchase items like luxury condominiums in the Bahamas. Luthra himself lost quite a bit, and now he’s sharing his story to help others learn from what’s happened. In a recent discussion with FOX News, he said:
This is a big lesson for everybody in the crypto community. It’s a big, strong lesson [of] not your keys, not your crypto. If you don’t hold the keys to crypto, it’s not really your money.
The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following the collapse of one of the biggest and most powerful crypto trading platforms in the world.
Evan Luthra Has Lost a Lot of MoneyUBS Americas CEO Robert Wolf recently labeled FTX as a “Ponzi scheme.” Millions of investors have seen their money completely vanish after it’s been shown that FTX used customer funds to purchase items like luxury condominiums in the Bahamas. Luthra himself lost quite a bit, and now he’s sharing his story to help others learn from what’s happened. In a recent discussion with FOX News, he said:
This is a big lesson for everybody in the crypto community. It’s a big, strong lesson [of] not your keys, not your crypto. If you don’t hold the keys to crypto, it’s not really your money.
Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary
Crypto powerhouse Binance says it’s pausing all bank transfers denominated in the US dollar.
In a brief message on Twitter, the leading crypto exchange by volume says it expects the freeze to affect a small number of users.
“From February 8th, we will temporarily suspend all USD bank transfers.
Crypto powerhouse Binance says it’s pausing all bank transfers denominated in the US dollar.
In a brief message on Twitter, the leading crypto exchange by volume says it expects the freeze to affect a small number of users.
“From February 8th, we will temporarily suspend all USD bank transfers.
Ripple Price Analysis: Upsides Remain Capped Near $0.38
Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price must stay above $0.3520 to avoid more downsides in the near term.
Ripple Price AnalysisThis past week, ripple price saw a bearish reaction from the $0.4000 zone against the US Dollar. The XRP/USD pair declined below the $0.3850 support zone to move into a bearish zone.
The recent move was such that the price declined below $0.3800 and the 55 simple moving average (4-hours). The price even spiked below the $0.3550 level and traded as low as $0.3518. It is now correcting losses above the $0.355 level.
Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price must stay above $0.3520 to avoid more downsides in the near term.
Ripple Price AnalysisThis past week, ripple price saw a bearish reaction from the $0.4000 zone against the US Dollar. The XRP/USD pair declined below the $0.3850 support zone to move into a bearish zone.
The recent move was such that the price declined below $0.3800 and the 55 simple moving average (4-hours). The price even spiked below the $0.3550 level and traded as low as $0.3518. It is now correcting losses above the $0.355 level.
Conflux To Bring Uniswap Version Three and Curve to China’s Public Blockchain
April 14, 2023 – Toronto, Canada
Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap version three on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.This proposal comes after Binance’s announcement that it will support Conflux Network’s (CFX) mainnet integration.
The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens and implement incentives that promote liquidity, ultimately increasing the network’s worth and usage.
April 14, 2023 – Toronto, Canada
Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap version three on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.This proposal comes after Binance’s announcement that it will support Conflux Network’s (CFX) mainnet integration.
The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens and implement incentives that promote liquidity, ultimately increasing the network’s worth and usage.
Former President Donald Trump Likens US Losing Currency War Against China to America Losing a World War
Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar is “what makes us powerful and strong.”
Donald Trump on US-China Currency WarFormer President Donald Trump warned in an interview with Fox News, aired Wednesday, that China pushing a large portion of the world off of the dollar standard would be the equivalent of America losing a world war.
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Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar is “what makes us powerful and strong.”
Donald Trump on US-China Currency WarFormer President Donald Trump warned in an interview with Fox News, aired Wednesday, that China pushing a large portion of the world off of the dollar standard would be the equivalent of America losing a world war.
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Shardeum Validator Nodes on Zeeve Simplify Sphinx Betanet Deployment and Participation
Zeeve, a leading Web3 infrastructure provider, is elated to announce its support for Shardeum betanet validator node.
According to the announcement, this partnership seeks to make it easier for developers and participants to deploy and manage Shardeum validators. This will significantly simplify the deployment process while increasing access to the recently launched Sphinx betanet.
Zeeve, a leading Web3 infrastructure provider, is elated to announce its support for Shardeum betanet validator node.
According to the announcement, this partnership seeks to make it easier for developers and participants to deploy and manage Shardeum validators. This will significantly simplify the deployment process while increasing access to the recently launched Sphinx betanet.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by the U.S. bankruptcy court located in Delaware.
Cryptocurrency Exchange Bittrex US Enables Customer WithdrawalsOn May 8, 2023, Bittrex US filed for Chapter 11 bankruptcy protection, citing liabilities ranging from $500 million to $1 billion and having over 100,000 creditors. Before the bankruptcy filing, the U.S. Securities and Exchange Commission (SEC) had sued Bittrex for running an unregistered exchange, broker, and clearing agency, and for listing unregistered crypto securities.
Bittrex sent emails to its U.S. customers this week, following approval from the U.S. bankruptcy court to enable withdrawals. However, there is a caveat: users must update their know-your-customer (KYC) information and agree to the latest terms of service. Bittrex asserts that this step is “necessary to comply with state and federal regulations.”
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by the U.S. bankruptcy court located in Delaware.
Cryptocurrency Exchange Bittrex US Enables Customer WithdrawalsOn May 8, 2023, Bittrex US filed for Chapter 11 bankruptcy protection, citing liabilities ranging from $500 million to $1 billion and having over 100,000 creditors. Before the bankruptcy filing, the U.S. Securities and Exchange Commission (SEC) had sued Bittrex for running an unregistered exchange, broker, and clearing agency, and for listing unregistered crypto securities.
Bittrex sent emails to its U.S. customers this week, following approval from the U.S. bankruptcy court to enable withdrawals. However, there is a caveat: users must update their know-your-customer (KYC) information and agree to the latest terms of service. Bittrex asserts that this step is “necessary to comply with state and federal regulations.”
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Democrats Say Republicans Giving Crypto and Wall Street a ‘Handout’ With New Digital Asset Market Structure Bill
A newly-introduced crypto bill is causing a stir among US lawmakers as Democrat members of the House of Representatives accuse Republicans of focusing on less important issues.
Last week, House Committee on Agriculture Chair Glenn Thompson, along with Representatives French Hill and Dusty Johnson, introduced the Financial Innovation and Technology for the 21st Century Act.
According to Congressman Thompson, the bill seeks to provide the crypto markets with a “much-needed regulatory framework” that can protect investors and bolster America’s position in the nascent industry.
A newly-introduced crypto bill is causing a stir among US lawmakers as Democrat members of the House of Representatives accuse Republicans of focusing on less important issues.
Last week, House Committee on Agriculture Chair Glenn Thompson, along with Representatives French Hill and Dusty Johnson, introduced the Financial Innovation and Technology for the 21st Century Act.
According to Congressman Thompson, the bill seeks to provide the crypto markets with a “much-needed regulatory framework” that can protect investors and bolster America’s position in the nascent industry.
Shiba Inu (SHIB) Layer-2 Protocol Shibarium Relaunch Reaches 50,000 Wallets, Spurs BONE Rally
The relaunch of memecoin Shiba Inu’s (SHIB) layer-2 scaling solution Shibarium has reached over 50,000 wallets, sparking a rally for Bone ShibaSwap (BONE), the token associated with paying the protocol’s gas fees.
Shibarium, which launched earlier this month, experienced technical difficulties last week associated with the rush of new users and transactions taking place over it and had to temporarily shut down.
The relaunch of memecoin Shiba Inu’s (SHIB) layer-2 scaling solution Shibarium has reached over 50,000 wallets, sparking a rally for Bone ShibaSwap (BONE), the token associated with paying the protocol’s gas fees.
Shibarium, which launched earlier this month, experienced technical difficulties last week associated with the rush of new users and transactions taking place over it and had to temporarily shut down.
Chainlink Price Sees Heightened Surge as LINK Bulls Count on Network’s Growth
Chainlink’s native cryptocurrency, LINK, has been on a relentless uptrend, emerging as one of the best-performing crypto assets in recent weeks.
Over the past month, LINK has demonstrated impressive strength, posting gains of approximately 31%, ascending from $5.70 on August 31 to an impressive $8 as of September 28. Notably, LINK’s enthusiasm shows no signs of abating, with traders gearing up for further gains in October.
Chainlink’s native cryptocurrency, LINK, has been on a relentless uptrend, emerging as one of the best-performing crypto assets in recent weeks.
Over the past month, LINK has demonstrated impressive strength, posting gains of approximately 31%, ascending from $5.70 on August 31 to an impressive $8 as of September 28. Notably, LINK’s enthusiasm shows no signs of abating, with traders gearing up for further gains in October.
Crypto Trader Issues Warning on Bitcoin, Says a ‘Brief Correction Is Brewing’ – Here Are His Targets
Crypto trader Ali Martinez is warning that Bitcoin (BTC) will likely soon undergo a short-lived market correction.
Martinez tells his 32,300 followers on the social media platform X that he expects Bitcoin to pull back after nearing $38,000.
Crypto trader Ali Martinez is warning that Bitcoin (BTC) will likely soon undergo a short-lived market correction.
Martinez tells his 32,300 followers on the social media platform X that he expects Bitcoin to pull back after nearing $38,000.
Bitget Further Commitment to Sports Entertainment With Exclusive Initial Listing of OVAL3
December 20, 2023 – Victoria, Seychelles
Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, is thrilled to announce the exclusive initial listing of OVAL3 (OVL3), the world’s first rugby Web 3.0 game token.This marks another milestone in Bitget’s commitment to bringing unique and groundbreaking projects to its platform.
OVL3 stands at the intersection of sports and digital entertainment, offering enthusiasts a revolutionary gaming experience.
December 20, 2023 – Victoria, Seychelles
Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, is thrilled to announce the exclusive initial listing of OVAL3 (OVL3), the world’s first rugby Web 3.0 game token.This marks another milestone in Bitget’s commitment to bringing unique and groundbreaking projects to its platform.
OVL3 stands at the intersection of sports and digital entertainment, offering enthusiasts a revolutionary gaming experience.
Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash.
HM Treasury and Bank of England Respond to Public’s Digital Currency Concerns, No Final Decision yet on Digital PoundThe Bank of England and HM Treasury have unveiled their response to the public consultation on the potential introduction of a digital pound, following engagement from the public and industry experts. Over 50,000 responses were received, indicating the public’s interest in the future of digital currency in the United Kingdom.
Key concerns raised by the respondents centered around privacy and control of funds, along with the continued availability of traditional cash. The authorities have assured that robust legislative measures will be implemented to safeguard user privacy and control before the roll-out of any digital pound. This includes primary legislation to ensure that neither the Bank of England nor the government will have access to users’ personal data.
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash.
HM Treasury and Bank of England Respond to Public’s Digital Currency Concerns, No Final Decision yet on Digital PoundThe Bank of England and HM Treasury have unveiled their response to the public consultation on the potential introduction of a digital pound, following engagement from the public and industry experts. Over 50,000 responses were received, indicating the public’s interest in the future of digital currency in the United Kingdom.
Key concerns raised by the respondents centered around privacy and control of funds, along with the continued availability of traditional cash. The authorities have assured that robust legislative measures will be implemented to safeguard user privacy and control before the roll-out of any digital pound. This includes primary legislation to ensure that neither the Bank of England nor the government will have access to users’ personal data.
The Very Best Settlement Approaches for Online Casinos: A Comprehensive Overview
When it comes to dipping into online gambling establishments, among the most crucial elements to think about is the repayment approach you make use of. A trusted and secure repayment method not just ensures smooth deals yet additionally safeguards your individual and monetary information. In this short article, we will explore the very best repayment approaches for online gambling enterprises, taking into consideration variables such as safety, comfort, and schedule.
1. Debt and Debit CardsCredit score and debit cards are the most widely approved settlement techniques at online casino sites. They offer convenience and simplicity of usage, permitting you to make deposits and withdrawals using your existing cards.
The majority of on the internet casino sites accept major credit report and debit cards such as Visa, Mastercard, and American Express. When using a credit scores or debit card, your transactions are refined instantaneously, permitting you to start playing your favorite gambling establishment games with no delays.
When it comes to dipping into online gambling establishments, among the most crucial elements to think about is the repayment approach you make use of. A trusted and secure repayment method not just ensures smooth deals yet additionally safeguards your individual and monetary information. In this short article, we will explore the very best repayment approaches for online gambling enterprises, taking into consideration variables such as safety, comfort, and schedule.
1. Debt and Debit CardsCredit score and debit cards are the most widely approved settlement techniques at online casino sites. They offer convenience and simplicity of usage, permitting you to make deposits and withdrawals using your existing cards.
The majority of on the internet casino sites accept major credit report and debit cards such as Visa, Mastercard, and American Express. When using a credit scores or debit card, your transactions are refined instantaneously, permitting you to start playing your favorite gambling establishment games with no delays.
Crypto Analysts Bold Prediction: Bitgert Coin Set to Explode This Week – What’s Behind the Optimism?
Analysts suggest that Bitgert’s BRISE coin can even give hard competition to the blue-chip tokens in the long run.
Look at this token as a gold mine, as the market anticipates its explosive outburst and rapid growth. Bitgert’s BRISE coin outperformed every other token in the market in 2024. With the market brewing up for a rise again, this token is expected to grow further.
Analysts suggest that Bitgert’s BRISE coin can even give hard competition to the blue-chip tokens in the long run.
Look at this token as a gold mine, as the market anticipates its explosive outburst and rapid growth. Bitgert’s BRISE coin outperformed every other token in the market in 2024. With the market brewing up for a rise again, this token is expected to grow further.