EOSUSD experiences a Bearish movemnt EOSUSD Price Analysis – August 26 Ability to cross below the $1.40 support level may decrease the EOSUSD towards $0.8, and $0.6 support levels. The increase of the price above the resistance level of $1.6 may increase the price to $1.9 and $2.1 price levels. EOS/USD Market Key Levels: Resistance …
Monthly archives: August 2022
XMR Poises for Breakdown Below $150, TAMA, Buy and Buy Long!
The Monero price prediction shows that XMR is recording another downtrend of 4.70%, in the last 24 hours as the coin declines heavily. Monero Prediction Statistics Data: Monero price now – $146 Monero market cap – $2.6 billion Monero circulating supply – 18.1 million Monero total supply – 18.1 million Monero Coinmarketcap ranking – #6 …
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LINK Drops Below $7 as Tamadoge Spikes to the Upside
The Chainlink price prediction reveals that LINK may find a halt at $6 as the price is down by 7.52% over the last 24 hours. Chainlink Prediction Statistics Data: Chainlink price now – $6.59 Chainlink market cap – $3.2 billion Chainlink circulating supply – 491.5 million Chainlink total supply – 1 billion Chainlink Coinmarketcap ranking …
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Bitcoin and Two Top-10 Ethereum Competitors Gearing Up for Strong Bounce Before Crashing Lower, Warns Top Analyst
A widely followed analyst with a successful track record of predicting market pullbacks is updating his outlook on several top crypto assets. The pseudonymous trader known as Capo tells his 487,100 Twitter followers that in light of the recent rally in the S&P 500 futures market, Bitcoin (BTC) is also likely to recapture the $23,000 …
Coinbase Launches New Voter Registration Tool in Push for Crypto-Friendly Policy
Coinbase is unveiling a new voter registration tool in preparation for the upcoming US midterm elections. In a new statement, the leading US-based digital asset exchange says that it is launching an information portal with the objective of raising American participation in the electoral process. The externally-hosted website will serve as a trusted hub for …
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Upcoming Ethereum Upgrade Could Do More Harm Than Good to Crypto Sector Worth Over $140,000,000,000: DappRadar
A new report by decentralized application information platform DappRadar is warning that Ethereum’s (ETH) upcoming Merge could cause harm to one key sector of the crypto industry. Citing crypto investment giant Grayscale, the report says that stablecoins, which currently enjoy a market cap of $142.82 billion, could be an unintended casualty of Ethereum’s transition to …
Bitcoin (BTC) Remains in a Bear Market Based on On-Chain Metrics, Says Crypto Analytics Firm Glassnode
Crypto analytics firm Glassnode says that Bitcoin (BTC) is still in the bear market despite a recent relief rally. The market intelligence firm says that on-chain metrics suggest that recovery is still a ways off for Bitcoin since its short-term price increase was followed by a sell off. The adjusted SOPR (aSOPR), which reflects the …
Binance froze $1M corporate account due to law enforcement request
Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being called out on social media. In a Thursday Twitter thread, Binance said it had restricted the account of Tezos staking rewards auditor Baking Bad “as the result of a law enforcement request.” The …
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Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” to bring down inflation, which is close to its highest level in 40 years. He cautioned that the restrictive policy may remain for some time and warned that it could “bring some pain to households and businesses.” The …
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Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway
Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the Oracle of Omaha would rather get a 3% yield instead of playing the stock market. …
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug. 22. Teneo, an advisory firm, …
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Binance Outlines Support for Ethereum 2.0 Upgrade, Says Upcoming Proof-of-Stake Chain Will Adopt ‘ETH’ Ticker
The world’s biggest crypto exchange platform says it is making the necessary preparations ahead of Ethereum’s (ETH) transition to a proof-of-stake consensus mechanism. In a new announcement, Binance says that the much-anticipated Merge upgrade could result in the blockchain splitting into two competing chains, which would create a new token. If this happens, the exchange …
Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell reiterated the bank’s commitment to contain inflation by tightening the economy. Following Powell’s speech, BTC price dropped as low as $20,700. Bitcoin/USD …
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Regulators have a weak case against FTX on deposit insurance
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging. Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in …
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Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back
Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A long-running statistic suggests four million Bitcoin — almost 20% of the total supply — has been lost forever. Much of it was mined when the network was just beginning, with early adopters tearing their hair out after losing their …