Bitcoin

Bitcoin Price is Showing Early Signs of Fresh Rally, But 100 SMA is the Key

Bitcoin price remained well bid above the $20,000 support zone. BTC is consolidating and might start a fresh rally if it clears the $20,500 resistance zone. Bitcoin traded in a range above the key $20,000 support zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance …

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The Cryptocurrency Industry Could Be Killed by India's Taxes as per Binance CEO

The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO

Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore on Thursday. He says, “India has high taxes, which is going to destroy the business.” Zhao is referring to the declaration of 30% capital gains tax on all cryptocurrency trading earnings in the Union Budget …

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Litecoin pre-halving fractal hints at 200% LTC price rally by July 2023

Litecoin pre-halving fractal hints at 200% LTC price rally by July 2023

The price of Litecoin (LTC) could skyrocket by up to 200% by July 2023, coinciding with its halving event, reducing miner block rewards by 50%.Litecoin has bottomed out?Litecoin has undergone two halvings since its launch in October 2011. The first one occurred in August 2015, which reduced its block reward from 50 LTC to 25 LTC. The second happened in August 2019, …

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Bitcoin

Bitcoin Price Close Above 100 SMA Could Spark A Fresh Surge: Here’s Why

Bitcoin price started a downside correction below $20,500 against the US Dollar. BTC could start a fresh surge if it clears the 100 hourly SMA and then $21,000. Bitcoin is recovering losses from the $20,250 support zone. The price is trading below $20,700 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance …

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Ethereum Price Forms Bullish Pattern, Why ETH Could Surge Again

Ethereum started a downside correction from $1,665 against the US Dollar. ETH could start a fresh increase if it stays above the $1,550 support. Ethereum is correcting gains from the $1,650 and $1,665 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,600 …

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Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29

Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Twitter’s top brass gutted as Elon Musk’s takeover begins Elon Musk’s purchase of Twitter became …

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Hong Kong planning to legalize Cardano, Ethereum, and Bitcoin Payments to become a Blockchain Center

Hong Kong planning to legalize Cardano, Ethereum, and Bitcoin Payments to become a Blockchain Center

Hong Kong is developing a softer approach toward cryptocurrencies and is actively attempting to authorize retail crypto trading. The city has embraced cryptocurrency to maintain its position as one of the world’s leading financial centers. Bloomberg reported that the city plans to start a licensing mechanism for any interested crypto companies in March. According to sources, the license authorizes these …

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Building community resilience to crises through mutual aid and Web3 – Cointelegraph Magazine

Building community resilience to crises through mutual aid and Web3 – Cointelegraph Magazine

It seems that every time one turns on the TV, something, somewhere, is going catastrophically wrong. Whether it be Hurricane Ian tearing through Cuba and Florida, war raging in Eastern Europe, or floods devastating Pakistan, there has been no shortage of crises in 2022 — both natural and human-caused.  And as the climate continues to warm, extreme weather events and …

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Ethereum Key Indicators Suggest Strengthening Case For More Upsides

A Strengthening Case for Upside

Ethereum gained pace and broke the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might eye more upsides above $1,600. Ethereum is showing positive signs above the $1,500 and $1,520 levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is a major contracting triangle forming with resistance near $1,560 …

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