Bitcoin’s reversal from its 4-hour 200 EMA at $42K pulled the world’s largest digital asset back toward the $38,000 mark. As a result, the wider market saw 24-hour retracements that led NEAR, Monero and Filecoin’s RSI to drop toward the oversold mark. Now that an expected bounce-back occurred, the buyers needed to up their game by amplifying trading volumes to negate the superior selling vigor. Near Protocol (NEAR) Source: TradingView, NEAR/USDT Since striking its ATH, NEAR lost more… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All assets suffer” at hands of rampant dollar Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency trading at $39,200 on Bitstamp at the time of writing, up 2.5%. Tuesday had seen fresh trouble as soon as Wall Street trading began, Bitcoin following stocks downhill once again to… Source link

Bitcoin has snapped from $38.2k to $40.6k and is back again at the $38k range in the past couple of days. This volatility has seen the altcoin market weave on the price charts as well. Dogecoin saw a sharp rally after multiple days of accumulation within a range. Litecoin, as well as Chainlink, continued to trend downward. Dogecoin (DOGE) Source: DOGE/USDT on TradingView DOGE pumped from $0.122 to $0.171, and based on these swing lows and highs a set of Fibonacci retracement levels (yellow)… Source link

Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction. Ethereum started a major decline below the $2,950 and $2,860 support levels. The price is now trading below $2,950 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,800 support to start… Source link

Ethereum scalability solution Optimism revealed their governance token, called OP. This will mark the beginning of a transformation process for the Optimism ecosystem. It aims and providing users with more power with a unique governance system. Related Reading | Bitcoin Beneath Key Support Level; What’s Next? Control via two entities, the Citizens’ House and the Token House, each with its own responsibilities and the common goal of supporting a sustainable… Source link

Analyzing Ether’s (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same period. The Invesco China Technology ETF (CQQ) is down 31% and the Russell 2000 declined by 8%. Ether price at FTX, in USD. Source: TradingView Currently, traders fear that losing the descending channel support at $2,850 could lead to a stronger price downturn, but this largely… Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime … Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime … Source link

It’s a big move given that Fidelity is the largest 401(k) plan provider in the United States, acting as custodian for 23,000 plans, which have 20.4 million participants. In total, those plans represent $2.7 trillion in assets under management. It is also the first major 401(k) provider to offer cryptocurrency as an investment for retirement savers. The bitcoin option, however, will only be on offer to participants whose employers have elected to include it in their plan. Fidelity did not… Source link