The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. Cryptos feed Dogecoin price provides perfect buy opportunity for a 50% breakout
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Binance CEO resignationCommodity Futures Trading CommissionTwitterbrian brooksDepartment of Justicebinance coin
Binance currently lists 150 coins and tokens. Binance.US has said it is considering 30 assets to list initially. In a blog post last week, Coley acknowledged that "the ease of issuing blockchain tokens and the perceived lack of regulation could make these tokens targets for abuse," and that the company recognizes it has legal and moral obligations to protect its users.
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After a year of gains and record highs, crypto currencies are enduring a turbulent time with unpredictable price changes.
Binance CEO resignationCommodity Futures Trading CommissionTwitterbrian brooksDepartment of Justicebinance coin
The use of crypto is not Shariah compliant and should be banned for Muslims, Indonesia's religious authority says
A look at recent charts shows that Safemoon has been on a downtrend since early November. Safemoon has also not been doing very well since its last all-time high around April 21, 2021. Despite rising in mid-May, the next time Safemoon saw bullish growth was at the end of October.
Notes: This figure plots weekly averages of log price and log network size (log of unique active addresses) of Bitcoin and Ethereum over the period from August 2015 to January 2019. We normalise both the time series by subtracting their mean and dividing by their standard deviation.
SafeMoon captured attention from the get-go. Its name evokes a prudent form of the “to the moon” mantra embraced by crypto crowds looking for prices to burst straight up.
Assets hovered at record highs even after the Fed said that "asset prices may be vulnerable to significant declines."
The buyers will now attempt to push the price to the resistance line of the wedge. If bulls thrust the price above the wedge, the bullish momentum could pick up and the LUNA/USDT pair may reach $62.59.
Bitcoin’s coherence values appear noticeably less affected by bubble and non-bubble regimes, especially over short and medium terms (2–4, 4–8, 8–16 and 16–32). The non-bubble coherence values are similar to those of the other cryptocurrencies, but the bubble regime values do not reach a similar magnitude to the other cryptocurrencies.
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On the other hand, if the price turns down from the overhead resistance, it will suggest that traders are defending the level aggressively. The bears will then make one more attempt to pull the price down to the 20-day exponential moving average (EMA) ($566).
The team announced a few days back that Safemoon whales had joined the coin. Since then, there has been an influx of new crypto members joining Bitrise coin. All these factors have significantly driven the market cap up by +$200 at the time of writing. But what are the underlying factors driving the huge number of investors joining Bitrise crypto coins every day?