There is currently a large amount of volatility in the Bitcoin space which could be unsettling for new users who may have bought at the cycle highs.
While as of late American cities have been in decline, their unique dynamics lend themselves to great potential for Bitcoin adoption.
Ethereum (ETH) co-founder Anthony Di lorio says that besides Bitcoin (BTC) and Ethereum, he is also keeping his eyes on Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM). In a new interview on Kitco News, Di lorio says he is stocking up on the three smart contract altcoins because of the people working on these projects. […]
Rather than trying to convince people that they want bitcoin, investors are looking for products that use Bitcoin to meet people where they are.
This week, MANA showcased a slew of 2.5% gains. EMAs are also moving above Decentraland’s token’s price. MANA price tallies 2.5% gains MACD looks flat and not showing any bullish sign Decentraland market cap at $1.29 billion At this point, MANA’s price is close to its lowest for 2022. The bears are eyeing a new low for the year while also trying to get on top of the costs below the range of $1.0. Sometime in August, MANA’s price plunged which negatively impacted buyer expectations especially as the coin is still getting massive rejections resulting from the trend reversal. Related Reading: Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead? MANA Price Down In Market Value According to CoinMarktCap, MANA price has nosedived by 3.04% or trading at $0.6949 as of press time. MANA price has depreciated in market value, prompting the bulls to wait for the next big wave or a confirmation of a trend reversal before moving to consolidate into long positions. From July to August, MANA appeared to have allowed the bulls’ entry but has failed to offshoot above the $1.0 price level. With that being said, the key resistance level has been marked at $1.0 while the support zone is at $0.64. Evidently, MANA/BTC has also dropped by 2.9%. After MANA’s price dipped below the 200-day EMA as seen on April 5, 2022, MANA has retreated further since then. On the other hand, all the other EMAs such as 20, 50, 100, and 200 are doing great as they sprint above the current price. The buyers are trying to push the price near the 20-EMA. MANA’s RSI shows a spike from the lower regions. This climb validates the optimistic outlook for the token. Meanwhile, the MACD is looking flat into the negative range as seen in the daily price chart. MACD Shows No Trace Of Bullish Momentum The MACD is not demonstrating any bullish momentum as both the trendlines are moving over the neutral range. RSI is looking bullish as the MANA bulls shoot for a slight bounce above the 20 EMAs. On the other hand, the key support level is near the current levels which means the bears can attempt to short-cover at the earliest possible time. Decentraland is said to be one of the few cryptos that buyers and traders should have on their active wallets, with its huge market cap of over $1.29 billion as of this writing and circulating supply that surpasses that of Bitcoin by at most 100 times. Many blockchain-based or NFT games have aspired for decentralization but it seems Decentraland remains to be one of the few that are ambitious enough to make it happen. Related Reading: BNB Price Watch: The Charts Look Good For Traders – More Green On The Plate? BTCUSD pair breaks past $19K border, trading at $19,445 on the daily chart | Source: TradingView.com Featured image from Smart Valor, Chart: TradingView.com
Is Dr. Ruja Ignatova the cryptocurrency world’s biggest scammer? The competition is fierce, there are so many faces and stories fighting for that spot, but none of them is on the FBI Most Wanted List. Dr. Ruja is. Great, but, why is NewsBTC revisiting the 2019 true crime podcast “The Missing Cryptoqueen”? Because Jamie Bartlett, the journalist behind the project, just released a new episode. Episode 10 of The Missing Cryptoqueen is now out. The hunt it back on: Israel, Dubai, Luxembourg, The Eurovision Song Contest & Krispy Kremes. Sorry, it’s taken me & @GeorgiaJCatt a while. And welcome to our new teammate @ByrnesyGsy! https://t.co/bfZWgBqeeP — Jamie Bartlett (@JamieJBartlett) September 28, 2022 Is there new information? Did they FIND Dr. Ruja Ignatova The only thing we know for sure is that there’ll be a few new episodes, and that’s all we needed to hear. A BBC production, “The Missing Cryptoqueen” features various music and sound design, witness testimonies, interviews, and sound bites. There’s even original music in this podcasting extravaganza. Related Reading: How Bitcoin Phishing Scams Are Stealing Millions NewsBTC will produce companion pieces for each of “The Missing Cryptoqueen’s” episodes. With summaries, quotes from the episode, and extra material from all over the web, this is the feature you people didn’t know you needed. Have this window open as you listen to each episode, it’ll enhance the already phenomenal experience. You can download episodes directly at the BBC, or listen to “The Missing Cryptoqueen” through Apple, Spotify, or iVoox. About Episode One – Dr. Ruja This is the introductory episode, it presents Dr. Ruja Ignatova and the OneCoin world. We feel the size of the scam, we hear from the people that fell for it and the voices of the true believers. It begins with Bitcoin and Satoshi Nakamoto’s story, goes to a OneCoin seminar in Mbarara, a town in Western Uganda, and ends with Dr. Ruja’s disappearance in October 2017. In “The Missing Cryptoqueen’s” first episode we can also see what a charismatic leader could do with bitcoin’s story and narrative. If Dr. Ruja Ignatova didn’t plagiarize it, she at least was heavily inspired by Satoshi Nakamoto’s mystique and discourse. Using quotes from her speeches, we hear Dr. Ruja speaking about a rotten financial system and corrupt banking institutions. About the possibility of banking the unbanked and what that would do for the world. About bitcoin’s pizza day story and how that could happen to OneCoin holders. However, Dr. Ruja’s OneCoin was better than bitcoin. It was here to replace it, in fact. Whenever you hear that, run. That should’ve been the witnesses’ first warning. In episode one, we hear about the OneLife network. The social part of the scam. We hear from a UK victim who assisted to the webinars, from a OneLife employee and insider, and we listen to an African song about OneCoin. There’s emotion in all of their voices. And an open wound. Near the end, we hear about 2017 and Dr. Ruja’s disappearance from people that were there at the scene. What happened? So far, there are nine more episodes of BBC’s “The Missing Cryptoqueen.” Let’s hope we get an answer to that question. BTC price chart for 09/28/2022 on Bitstamp | Source: BTC/USD on TradingView.com Quotes From Ep. 01 – “Dr. Ruja” “Then, in late 2017, Dr. Ruja disappeared. One of Europe’s richest women, a woman who seemed destined to change the world had vanished.” “It was impossible not to be impressed by Dr. Ruja. She appeared on the front cover of prestigious business magazines, she has degrees from Oxford and Konstanz University and is fluent in several languages.” “Thousands of people were filling stadiums to hear Dr. Ruja talk, to buy OneCoin and join this financial revolution.” “But in October 2017, there was a big OneCoin event in Lisbon, Portugal and Dr. Ruja was scheduled to speak.” Extra Material And Episode Credits This guide’s extra material comes courtesy of the podcast series’s IMDB page. In the description, IMDB gives us a good overview of what to expect from “The Missing Cryptoqueen.” “Dr Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded millions to join her financial revolution, investing billions. Then she disappeared. Why? Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast, and trying to figure out where she’s hiding.” Related Reading: Apple Co-Founder Loses Lawsuit Against YouTube Over Crypto Giveaway Scams This 2019 clip with producer Georgia Catt also qualifies as a trailer for what’s to come: "She created this vision of herself using a bit of truth and a bit of fabrication, to create a convincing business genius…" Where is the missing cryptoqueen? @georgiajcatt, @JamieJBartlett & @TinaDaheley discuss on @BBCRadio4's #BeyondToday podcast 👉https://t.co/UMghdnRpP4 pic.twitter.com/pWTwAKEzKP — BBC Sounds (@BBCSounds) September 24, 2019 And finally, the episode’s credits: Presenter: Jamie Bartlett Producer: Georgia Catt Story consultant: Chris Berube Editor: Philip Sellars Original music and sound design: Phil Channell Original music and vocals: Dessislava Stefanova and the London Bulgarian Choir You’re part of NewsBTC’s “The Missing Cryptoqueen’s” listening group by just reading these guides. Let’s explore Dr. Ruja Ignatova’s world together. Featured Image: “The Missing Cryptoqueen” logo from the BBC’s site | Charts by TradingView
Fantom (FTM) bounces back with a 5% rally in over 24 hours after it hit a massive low yesterday. On-chain metrics hint at a bull run. Still, buyers are still advised to be extra cautious. FTM rallied 5% in the past 24 hours Fantom’s on-chain metrics hinting a bullish movement FTM experiencing strong selling pressure FTM bulls are still trying to push through the resistance. Evidently, the downward movement in the past couple of weeks highlights that the lower timeframe is generally bearish. Related Reading: BNB Price Watch: The Charts Look Good For Traders – More Green On The Plate? Fantom Down Since August Judging by the 12-hour chart, FTM is seen to spiral downward which has been in progress since August when Fantom breached below $0.38 as it retests the $0.33 resistance zone and key support at $0.286. A higher timeframe range was also spotted on the charts from $0.31 to $.53. Notably, the $0.412 range has been the resistance and support level as seen since May. Chart: TradingView.com The two-hour chart for FTM reveals that another range may be formed. One was able to reach the range of $0.242 to 0.217. According to CoinMarketCap, FTM price has slumped by 5.41% or trading at $0.2221 as of this writing. While there is a possibility of a breach, the positioning of FTM sets it for a downtrend, especially with the increase in selling opportunities. FTM RSI At 64, Hinting At A Bullish Movement The crypto’s relative strength index peaking at 64 shows an obvious bullish movement with the OBV moving sideways as seen in the past week. With that in mind, even with FTM bouncing back from its low, both the price action and OBV aren’t hinting at any breakout at this point. The resistance zone which worked as the key support in September could make significant strides again in the next couple of hours. While buying FTM is a tempting feat it will only be an advantage when you do so under certain circumstances like a bullish market. However, Fantom is not shooting for a long-term range and is in fact even leaning towards a long-term downtrend. A low-risk short may be apparent in the $0.244 range. An hourly session that closes above the $0. 251 zone will invalidate the bearish momentum. The bearish targets are spotted right at the middle of the range and include their lows. Related Reading: Bitcoin Price Retreats Below $19,000 – Will It Slide Under $18,000 This Week? FTMUSD pair trading at $0.2245 on the daily chart | Source: TradingView.com Featured image from Zipmex, Chart: TradingView.com
Bitcoin users are an intolerant minority who will quickly mobilize if they think that forthcoming legislation is unfavorable or unfair to Bitcoin.
AAVE has been showing hints of recovery today which is quite the opposite of its figures a few hours ago. AAVE shows signs of recovery as price climbs by 7.35% Coin generally bearish but the bulls are now attempting to take over AAVE breaches $77.53 level This could be due to the general crypto market recovering too as of press time. Will this be for long term? The coin has been generally bearish as it resist falling into the $74 level. Key support is now spotted at the $73.65 level and resistance is present at $77. 52. Evidently, AAVE is seen to be moving downhill earlier as it failed miserably in breaching the $77.53 level. At this point AAVE is treading the bearish route for short term. Judging by the 1-day price analysis, it is moving downwards as triggered by the uptick in selling pressure. If the selling pressure subsides, then AAVE price could shoot way up which is happening right now. Chart: TradingView.com AAVE Price Climbs By 7.35% According to CoinMarketCap, the coin’s price has skyrocketed by 7.35% or trading at $79.64 as of press time which means it has successfully breached the $77.53 level that it has been trying to do so for the past couple of days. The Bollinger Bands Indicator higher band is now seen at the $78.63 mark which is now the key resistance for AAVE while the lower band is seen at the $73.83 mark. More so, RSI has previously manifested a decline to 40 but has shown recovery and is now looking more balanced. The 4-hour price chart reveals that the bears have been dominant for many hours but the bulls are now taking over. Previously, the sharp decline of AAVE has caused a devaluation of price down to the $73.22 level which has been a good sign to the sellers. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? Price Likely To Build Momentum AAVE price is seen to be generally bearish due to its sideways consolidation but is seeing an uptick now and making some room for the bulls. The price has plummeted by $74.34 yesterday but it has now found its mojo and on its way to making more gains. Momentum will likely build up in the coming days. At this point, AAVE is expected to continue trading in its current range for the next 24 hours. However, the scenario with AAVE/USD still looks like a tug-of-war and anything can happen at this point as either the bears or the bulls can get exhausted and propel the coin to move either way in the coming days. Related Reading: Uniswap Price Watch: UNI Registers 16% Rally In Last 7 Days AAVE total market cap at $1.12 billion on the daily chart | Source: TradingView.com Featured image from AMBCrypto, Chart: TradingView.com
Australians are already testing a CBDC. Surprising no one, considering the authoritarian way that the government handled the lockdowns. The jury is still out on Central Bank Digital Currencies, while some authorities see them as problematic and prone to abuse, others are running a pilot program. The Reserve Bank of Australia, the country’s Central Bank, […]
Shelter is the highest part of the consumer price index and it is a lagging indicator, meaning prices may have already reached their highest.
The Securities and Exchange Commission (SEC) has rolled out its policy concerning digital assets leaving analysts to debate whether the Commission is for or against the industry.
Bears dominate MATIC market Polygon (MATICUSD) Price Analysis – September 26 In case the bears exert more pressure, the support level of $0.74 may be […]