closer

Binance Coin: High-risk traders have this longing opportunity awaiting them

Source Node: https://ambcrypto.com/binance-coin-high-risk-traders-have-this-longing-opportunity-awaiting-them/
Time Stamp: August 5, 2021 6:30 AM - Modified On: August 5, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance has been doing the rounds in the media for a number of reasons. Recently, the Securities Commission of Malaysia ordered the exchange to disable its website and cease offerings in the country for ‘illegally’ operating a Digital Asset Exchange. To add to Binance’s woes, financial services provider HSBC also suspended customer payments to Binance in the U.K., citing regulatory concerns raised by the FCA in June. However, this has

High Volatility for Cardano, 60% Price Move Coming

Source Node: https://coinquora.com/high-volatility-for-cardano-60-price-move-coming/
Time Stamp: July 24, 2021 8:25 AM - Modified On: July 24, 2021 - Published By:
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Altcoin News Two critical price points will determine Cardano’s price movement. To be optimistic, rising above the $1.30 resistance level can take ADA to $2.00. However, if the $1.00 support fails, investors may have to prepare for a 60% crash. In a twisted turn of events, Cardano’s dormant stance could be heavily challenged by it coming closer to the peak of a consolidation pattern. This means that the chances for a groundbreaking price move are high. By this, we just mean that Cardano’s fate, and by extension the fate of

Bitcoin’s future price action would depend on these key aspects

Source Node: https://ambcrypto.com/bitcoins-future-price-action-would-depend-on-these-key-aspects/
Time Stamp: July 22, 2021 6:00 AM - Modified On: July 22, 2021 - Published By:
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Republished By Plato

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

Ethereum Classic (ETC) Struggles to Overcome $7.50 Resistance

Source Node: https://beincrypto.com/ethereum-classic-etc-struggles-to-overcome-7-50-resistance/
Time Stamp: December 21, 2020 5:21 AM - Modified On: May 21, 2021 - Published By:
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Ethereum Classic (ETC) is currently making another attempt at breaking out above $7.50, something it has struggled to do since May. The price action and a variety of technical indicators suggest that ETC will be successful in breaking out.   Ethereum Classic Long-Term Support Levels ETC has been following an ascending support line since November 2018 and has validated it four times since. Since April 2020, ETC has also made several breakout attempts above the $7.50 resistance area, which is the 0.382 Fib retracement level of the most recent downward

US Treasury Proposal Applies Travel Rule to Crypto

Source Node: https://beincrypto.com/us-treasury/
Time Stamp: December 20, 2020 2:57 PM - Modified On: May 21, 2021 - Published By:
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On Dec. 18, an office within the US Treasury Department released a set of proposals regarding cross-border transfers of digital assets. The US Treasury Financial Crimes Enforcement Network (FinCEN) released a proposal that aims to close loopholes regarding the movement of digital assets. In the announcement on the release, FinCEN also requested input from the public. The measure, called the Travel Rule, affects cross-border transfers. Know thyself The major thrust of the proposal is a change regarding privately owned digital wallets. Virtual Asset Service Providers will now have to require

NFT Digital Art Collection Sells for Almost $800,000

Source Node: https://beincrypto.com/nft-digital-art-collection-sells-for-almost-800000/
Time Stamp: December 14, 2020 5:45 AM - Modified On: May 21, 2021 - Published By:
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We’ve just witnessed the biggest purchase of a blockchain-based digital artwork collection in history, smashing the previously held record by hundreds of thousands of dollars. The artist behind this historic sale is Mike Winkelmann who works under the moniker ‘Beeple.’ The auction for the BEEPLE: EVERYDAYS 2020 collection, which Winkelmann refers to as ‘THE COMPLETE MF COLLECTION,’ is a one-of-one curation of all the digital art creations Beeple made in 2020. When all was said and done, the collection sold for a massive $777,777.77. The auction took place on the

Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

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Time Stamp: December 14, 2020 4:04 AM - Modified On: May 21, 2021 - Published By:
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The Cardano (ADA) price has been rejected by a long-term resistance level at $0.17. It has not reached a long-term close above this resistance since June 2018. As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March. It moved above the $0.095 resistance area in June, reaching a high of $0.171 before dropping in order to validate the $0.095 area as

Coinbase Report Affirms ‘Killing Ethereum’ will Be Challenging

Source Node: https://beincrypto.com/coinbase-report-affirms-killing-ethereum-will-be-challenging/
Time Stamp: December 14, 2020 1:54 AM - Modified On: May 21, 2021 - Published By:
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The DeFi ‘food farming’ frenzy this past Summer took its toll on the Ethereum network in terms of demand. As a result, a slew of rival platforms emerged and a new report from Coinbase has taken a deep dive into some of them. In its latest report in the ‘Round the Block’ series titled “ETH Killers and New Chains” published on Dec. 12, the U.S.-based crypto exchange Coinbase has taken a closer look at rising competitors to Ethereum in the smart contract space. A number of new DeFi-focused blockchains have