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Topics - Shahinaz

Pages: [1] 2 3 ... 13
1
we know the end of the year the market is always red, maybe this is our chance to buy our favorite coin, and with the hope that next year can provide profits like the previous year, I personally shop for BNB and xlm coins for the end of this year, how about you?

2
The bottom may not be in just yet for Bitcoin, but hope remains of a run to $90,000.
Bitcoin price seesaws beneath $60K as anticipation builds for fresh BTC ‘short squeeze’
Bitcoin (BTC) chopped and changed on Nov. 18 but held a critical support level to preserve the chance of new all-time highs.



$90,000 remains on the table
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged between $59,000 and $60,000 Thursday, seeing $1,000 swings in minutes.

With the pair’s overall range becoming ever narrower, talk turned to a potential “short squeeze” entering to push its spot price to new, higher levels.

“Based on the Futures Market structure, the funding rate and OI momentum trends are forming a perfect setting for a ‘Short-Squeeze’ scenario," one contributor to on-chain analytics firm CryptoQuant argued Wednesday.

“Then the question is, what price range would act as a support level?”


soruce : https://cointelegraph.com/news/bitcoin-price-seesaws-beneath-60k-as-anticipation-builds-for-fresh-btc-short-squeeze

3
NEM Forum / XEM Snapshot for XYM Airdrop Completed: Binance
« on: March 14, 2021, 10:38:01 PM »
Binance posted a press release on Twitter announcing that it had taken a snapshot of user XEM balances. The snapshot will be used for distributing XYM in the upcoming airdrop.

The NEM Network plans to release its new Symbol network on Mar. 15. It will run in separately from the old network, and the team will maintain both networks. It does use a new token, called XYM. XEM will still be used on the old network.

To get the new network in gear, NEM will airdrop XYM to XEM holders. The snapshot for this was taken by Binance on Mar. 12, and the exchange confirmed on Mar. 13 that the snapshot was a success.

more: https://beincrypto.com/xem-snapshot-for-xym-airdrop-completed-binance/


4
Tuesday saw an extension of Monday’s bullishness as Bitcoin continued to look strong. Bitcoin pushed to $54,000 and could likely challenge for a new all-time high if the momentum continues.
Bitcoin saw another positive day after a weekend of little activity. Monday saw the market’s bullish momentum push all cryptocurrencies upwards. Tuesday saw much of the same as Bitcoin touched $54,787. Bitcoin is now just a mere 8% from the previous all-time high set in mid-February.


more : https://beincrypto.com/market-roundup-bitcoin-strength-could-see-new-all-time-high-this-week/
 

5
South-East Asia sees its first insured Bitcoin ETF launch as demand for cryptocurrencies from institutions increases.

Another One, In Another Place
A Malaysian Bitcoin exchange-traded-fund (ETF) will be the first insured fund to launch in the South East Asia (SEA) region. The launch comes as the first in the region, which sees growing institutional interest in the cryptocurrency space.

The fund, named BCMG Genesis Bitcoin Fund-I (BGBF-I), will also offer investors insurance. This acts as an additional safety-net for investors who decide to invest in Bitcoin (BTC), an already extremely volatile asset.
Indeed, managed cryptocurrency ETFs already offer some risk management features; they provide limited exposure to cryptocurrencies by their very nature.

In BGBF-I’s case, Hong-Kong-based regulatory compliance company, Alpha Calibration, administers the fund. Moreover, HLD Hodgson, also based in Hong Kong, provides regular audits.


source: https://beincrypto.com/bitcoin-etf-launches-in-malaysia-in-regional-first/


a good development for bitcoin, do you expect your country and government to accept the existence of bitcoin like this country

6
The popular meme-coin of Dogecoin (DOGE) has been consolidating for the second half of February between the values of $0.041 and $0.064. This is after DOGE set a new all-time high of $0.088 on the 29th of January and would once again retest this price area on the 8th of February.

Dogecoin’s 50-Day MA is the Support to Watch in March
Dogecoin’s consolidation between the aforementioned price areas can be seen in the following DOGE/USDT daily chart. At the time of writing, Dogecoin is trading at $0.051 with the 50-day moving average providing adequate short-term support for DOGE into the new month of March.



source: https://en.ethereumworldnews.com/dogecoins-50-day-moving-average-is-the-support-area-to-watch-in-march/


Summary:

Dogecoin has been consolidating between $0.041 and $0.064 since mid-February
The 50-day moving average provides a possible area for a bounce at the lower boundary of $0.041
Dogecoin’s correlation to Bitcoin has dropped since October 2020
Dogecoin’s fate is tied to Elon Musk’s tweets and the various online crypto communities

so what we do with DOGE?

7
On the 1st of March, Ethereum’s top 10 non-exchange whale addresses accumulated 1.03 million ETH in a 24 hour period. This amount that is roughly valued at $1.6 billion, is the highest one-day jump in the accumulation of ETH in 6 weeks.
The team at Santiment was the first to identify this event and also added that the same top 10 whale addresses now hold approximately 16.86 million ETH. The team shared their observation via the statement below and accompanying chart.

source: https://en.ethereumworldnews.com/ethereums-top-10-non-exchange-whales-accumulate-1-03m-eth-in-one-day/

Summary:
Ethereum’s top 10 non-exchange whales accumulated 1.03 million ETH in a single day
This is the highest one-day accumulation in 6 weeks
The Ethereum whales now own a combined 16.86 million ETH
Ethereum’s price is currently being affected by uncertain global markets

does this show ETH's slump?

8
The Securities and Exchange Commission (SEC) of Thailand said it will amend its draft of requirements for cryptocurrency traders amidst backlash to its initial proposal.
The Thai SEC, whose original legislation required prospective cryptocurrency traders to have a minimum income of at least 1 million Thai baht, which is roughly $33,000.

This legislation drew backlash for its excessively high standards. Critics say this would effectively prevent low-to-middle income traders from participating in the crypto markets.

more : https://beincrypto.com/thai-sec-backpedals-on-crypto-trading-requirements/

9
Cryptocurrency adoption is slowly but surely spreading across the World. Projects are branching out their marketing budgets and partnerships to sports teams in a bid to gain further recognition. BeInCrypto looks at crypto projects that have partnered with sports teams.

Cryptocurrencies have found many weird and wild ways to gain users’ attention, from making use of crypto influencers and celebrities to dishing out tokens to die-hard followers. However, in an ever-growing industry, marketing plans need to adapt, and projects need to grow. Crypto has slowly entered the sporting world as we look at several teams that feature cryptocurrency sponsors.

as an example:
Aston Martin Formula One team has announced its partnering with Crypto.com
StormGain and Lazio SS form partnership with common values

source: https://beincrypto.com/crypto-projects-continue-to-partner-with-sports-teams/


one development right? , in this case whether the US and other countries will soon open up to Cryptocurrency and accept bitcoin and others.


10
Bitcoin price declined over 15% and it tested the USD 45,000 support zone.
Ethereum dropped 20% and tested USD 1,400, XRP nosedived below the USD 0.500 support.

news sources:https://cryptonews.com/news/bitcoin-rebounds-from-usd-45k-ethereum-and-altcoins-pair-los-9318.htm

Many altcoins have fallen by more than 20%, including CRO, DODO, IOST, GRT, XVS, DGB, 1INCH, BTT, ZEN, QTUM, OKB, ONT, ETC, OMG, CAKE, LRC, and EOS. In contrast, CEL and LEO gained more than 25%.

In short, bitcoin price started to experience a significant correction below USD 50,000. If the ongoing rebound is unsustainable, BTC may even fall below USD 45,000, but losses can be capped below USD 42,000.

 is it possible that bitcoin and others stop here or will return to reach a new ATH?

11
DeFi tokens / YFII Breaks Out From Long-Term Resistance – What’s Next?
« on: February 22, 2021, 03:00:03 PM »
The DFI.money (YFII) price has broken out from the $2,500 resistance area but is currently returning to validate it as support.

Despite the ongoing short-term decline, the trend is still likely to be bullish and should continue moving upward.

YFII Breakout From Resistance
Since breaking down on Oct. 2020, YFII had been trading below the $2,500 resistance area, having made four unsuccessful breakout attempts.

However, YFII successfully moved above this level on Feb. 11, reaching a high of $3,682 several days later. Nevertheless, the highs could not be sustained, and YFII has been moving downwards since and is close to validating the $2,500 area as support.

Despite the loss of momentum evident by the decreasing RSI and MACD, the Stochastic oscillator has made a bullish cross. The RSI is still above 50, and the MACD is above 0, indicating that the trend is still bullish.



more : https://beincrypto.com/yfii-breaks-out-from-long-term-resistance-whats-next/

To conclude, YFII should complete its correction soon, potentially validating the $2,500 area once more before moving upwards towards $3,950 and possibly higher.

tell ur opini

12
The Nigerian Securities and Exchange Commission (SEC) announced on February 11 that it was suspending certain procedures until coordination with the Central Bank of Nigeria (CBN).

source: https://beincrypto.com/nigeria-sec-freezes-crypto-proposals-after-cb-ruling

Nigeria's SEC suspends crypto-related activities until cooperation with the Central Bank of Nigeria is finalized.

whether this situation will worsen crypto in one country or world ?

13
The Monero (XMR) price is currently in the process of moving above a long-term Fib resistance level at $200.

Monero is expected to move above this level and gradually increase towards $305.

 
Monero Long-Term Resistance
At the beginning of January 2021, XMR reached a high of $190 but was almost immediately rejected.

Despite the drop, XMR began another upward movement and is currently trading at $200.

This area is important since it’s the 0.382 Fib retracement level measuring from the all-time high price of $475 from December 2017.

If XMR were to break out above this level, the next important resistance area would be found at $305 (0.618 Fib retracement level).

However, technical indicators are undecided. While the MACD and RSI are both bullish, they are losing momentum. The Stochastic oscillator has made a bearish cross.

Therefore, a closer look at lower time-frames is required in order to determine the direction of the trend.



more in : https://beincrypto.com/monero-xmr-reclaims-200-can-300-next/

14
Stable Coins Forum / Libra Renamed Diem Is Getting Back on Track in 2021
« on: February 12, 2021, 03:20:48 PM »
On Dec. 1, 2020, the Libra Association carried out rebranding and changed its name to the Diem Association. Many believe that this way, the project aims to distance itself from initial modelling of Facebook’s payment system.

This move should emphasize an updated and simplified structure of the platform as well as denote its “organizational independence.” The new name comes from a Latin word “day,” which is used in a famous saying “carpe diem” meaning “seize the moment.”

Thus, the Diem effort apparently symbolizes a fresh chance to save the initiative from regulatory pressure.

Speaking with Reuters, the Diem Association CEO Stewart Levey specified that “the original name was tied to an early iteration of the project that received a difficult reception from regulators.”

He also added that the organization is preparing to launch a single dollar-backed digital currency called the Diem Dollar. However, the launch day is yet unknown. The Diem Association is still waiting for the Swiss regulator FINMA’s approval to go ahead.

more  in: https://beincrypto.com/libra-diem-is-getting-back-on-track-for-2021/

15


Alternative cryptocurrencies such as litecoin, Cardano and Chainlink are flying high Wednesday, as bitcoin takes a bull breather.

Litecoin traded at $195 earlier on Wednesday, its highest level since March 2018, according to CoinDesk 20 data. At the lower press-time price of $180, the cryptocurrency is up 8.3% on a 24-hour basis.

Litecoin’s network activity has picked up alongside the 25% price gain seen this week alone. The number of active addresses has risen to 231,973 – the most since June 5, 2020, according to data source Glassnode. Meanwhile, the number of new addresses has increased to a 22-month high of 101,862.

source: https://www.coindesk.com/litecoin-hits-3-year-high-as-prices-surge-across-altcoin-markets


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