15 Days Trial +Includes DocuBay and TimesPrime Membership.
The Fibonacci retracement indicator, measured from the Oct. 17 swing low at $3,640 to the Oct. 21 swing high at $4,375, suggests that Ethereum is sitting on stable support. The combination of the 50% Fibonacci retracement level with the 50 four-hour moving average at $3,922 is the most significant interest area underneath ETH.
.
On the downside, the zone between $67,000 and $63,750 is likely to act as a strong support. If this zone is breached, it will indicate that traders may be aggressively booking profits. The pair may then drop to the 50-day simple moving average (SMA) ($56,348).
Crypto prices have been on a tear for the past several months, but the past week has been the clearest sign of a correction to climbing prices, though many see news of President Biden’s adjustment to the hikes on the capital gains tax as the most apparent reason for the market’s slide as investors cash out hoping their gains won’t be reached by a retroactive application of the rules.
The monetary authority again reiterated its strong views against cryptocurrencies saying they pose serious threats to the ... Has cryptocurrency become too 'mainstream' in India to be banned?
China makes all crypto currency transactions illegal after ordering shut down of Bitcoin mining in Sichuan province
Bitcoin operates on its own blockchain, and so does Ether. The Binance Smart Chain is a separate blockchain that inherits many software features and protocols from the Ethereum network. One feature of the Ethereum network (and thus also the BSC) is the ability to host software programs (called smart contracts).
When bitcoin was rising last year, it seemed like a trend everyone from your grandmother to your barista was suddenly becoming hip to. Of course plenty of folks cautioned that it could be a bubble, but it’s always hard to realize such a thing when you’re in the midst of it. It’s free money, right? Why not get in on it? (Just don’t remortgage your house!)
And, importantly, just because cryptocurrency is secure does not make it safe. As much as some of the recent popularity of cryptocurrency is driven by investors’ belief in its value, that value is still based on speculation. For those who invest in crypto, it will be among the riskiest investments they make.
It’s certainly fascinating to watch Binance, which has historically been one of the most aggressive crypto companies, transition into a more regulatory-compliant business. At the same time, those who have been cautious, such as Coinbase, are beginning to add new assets.
NKN58.86 (17.40%) OmiseGO1,519 (16.92%) AdEx66.12 (4.81%) DigiByte5.04 (3.97%)
Covid Cases in IndiaKulgam EncounterCoronavirus in India UpdateChennai RainsPakistan vs Australia Live ScoreKangana RanautChennai FloodsSalman KhurshidT20 World Cup 2021 Live ScorePower Cut in ChennaiCryptocurrency Exchange in IndiaIndia vs New Zealand Test 2021How to Buy BitcoinWeekly HoroscopeCryptocurrency in IndiaWorld Cup Points TableHoroscope todayLatest News
If you invest in crypto and blockchain projects, this is the essential app for you to track their health and activity. Get descriptions, charts – including candlestick charts, daily historical OHLCV data – and links to each project in the same place. Get only the latest and greatest!
Loans offered via decentralised finance networks have been compared to fixed income securities
Users must face such restrictions when using Binance. Among countries to crackdown on the company are Hong Kong, Malaysia, and Lithuania. However, many countries do have full use of Binance, and these countries present opportunities for growth in these areas for the future.
GURA: A HODLer is crypto-speak for someone who bought cryptocurrency and who's held on to it, despite its extreme volatility. Lummis paid $330 for her first bitcoin back in 2013, and today it's worth around $60,000. She's bought more of it since, which means Lummis stands to gain or lose from the policy she's helping to shape. Lummis wants Wyoming to become one of the world's crypto capitals.
Binance Smart Chains to introduce gas burning mechanism like Ethereum for increasing value of tokens