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BTCUSD Surges Amid Bullish Momentum, Eyes $36150.00 Resistance

18 Oct 2023 @ 21:39
BTCUSD surges amid bullish momentum and eyes $36150.00 resistance. In April 2023, BTCUSD launched a sharp surge that took it to the $28661.00 supply area. After that, the price fell, only to start moving upward again after bouncing off at $24750.00. It invalidated the diagonal resistance on June 20, 2023. The upward trend persisted until […]
 

ETHUSD Falls as Price Gets Rejected at Bearish Order Block

18 Oct 2023 @ 21:01
ETHUSD falls as the price gets rejected at the bearish order block. The market’s overall trend has been bearish since the price breakout from the premium zone in July 2023. A consolidation phase entrapped the market at the $1866.00 price level. ETHUSD formed a swing low at $1620.00 as a sign of weakness on the […]
 

Navigating the Crypto Landscape: Staking vs. Yield Farming

18 Oct 2023 @ 16:46
In the ever-evolving world of cryptocurrencies, two intriguing paths to wealth enhancement emerge. They are crypto staking and yield farming. Each offers a distinctive set of benefits and risks, making it vital to explore and choose the one that aligns with your goals. Here’s a fresh perspective on these choices: Crypto Staking: Security and Stability […]
 

BTCUSD Creates New High Despite Short-Term Decline Into Oversold State

16 Oct 2023 @ 19:25
BTCUSD creates a new high despite a short-term decline into an oversold state. In March 2023, BTCUSD exhibited a significant upward surge. It was then followed by a consolidation period marked by a bullish pennant formation. All of this persisted until mid-June 2023. After this consolidation, the bullish momentum rekindled, propelling the price to reach […]
 

ETHUSD Finally Breaks the $1531.00 Support After Two Months of Consolidation

14 Oct 2023 @ 12:18
ETHUSD finally breaks the $1531.00 support after two months of consolidation. Before the beginning of the downtrend in July 2023, ETHUSD was in a consolidation phase. The market was fluctuating around the $1876.00 price level. In mid-June 2023, the price jerked downward, breaching the previous support at $1755.00. Followed by a massive expansion to the […]
 

A Study Suggests Bitcoin Mining Could Ignite a Green Energy Revolution

14 Oct 2023 @ 03:39
The energy-intensive proof-of-work (PoW) method has drawn criticism towards Bitcoin mining for its significant electricity consumption and environmental impact. However, a recent study conducted by researchers Juan Ignacio Ibañez and Alexander Freier suggests that the pursuit of cost-effective energy by Bitcoin miners could potentially accelerate the adoption of renewable energy sources. This...
 

Leading Blockchain Networks with the Highest Daily Engagement of Developers

09 Oct 2023 @ 22:46
In the ever-evolving world of blockchain technology, the role of Daily Active Developers (DADs) is paramount. These individuals and teams are the driving force behind the continuous development and maintenance of blockchain software. In this context, we delve into what DADs are and the diverse roles they play in shaping the blockchain landscape. Understanding What […]
 

ETHUSD Enters Bullish Order Block Amid Reversal Signals to the Upside

07 Oct 2023 @ 21:32
ETHUSD enters the bullish order block amid reversal signals to the upside. Following a distribution phase seen in the supply zone of $2143.00, a reversal in the trend appeared on April 19, 2023. When this reversal first appeared, the price declined rapidly. This revealed the sudden presence of the bears. The decline continued afterward, though […]
 

The Safest Means of Storing Your Cryptocurrency

04 Oct 2023 @ 18:06
Managing your cryptocurrency, including private keys, recovery phrases, and the absence of dispute resolution mechanisms, can be exceedingly perplexing. The complexity amplifies when you factor in the increasing value of your crypto holdings over time, coupled with the irreversible nature of transactions. This concise guide on optimal cryptocurrency storage solutions provides comprehensive...
 

BTCUSD Sets to Break a Diagonal Resistance as Price Resumes Its Uptrend

01 Oct 2023 @ 12:04
BTCUSD is set to break a three-month diagonal resistance as the price resumes its uptrend. In March 2023, a robust uptrend gripped the market as bullish investors surged in. This propelled BTCUSD to new highs. This upward momentum persisted for a month, culminating in a significant swing high at $31050.00.   However, after this peak, […]
 
 
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