BCH is attempting to gain support around the $300 trading level, according to the daily chart. The 50-day SMA indication is higher than the 14-day SMA. They’re also near the $350 resistance level, demonstrating that the value-line remains a critical stumbling block for the market’s further upswings. The Stochastic Oscillators have tightened their southward crossing to a range of 20. They’re heading south around it, implying that the bearish swings aren’t going away anytime soon.
After moving in the range-bound zones of $45,000 and $40,000, the BTC/USD market activity declined. The crypto market eventually found support around $37,500, which has served as the starting point for a rally.
If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate.
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With bitcoin trading mostly sideways during the weekend, without any major movement, the top cryptocurrency by market cap still fell under the important $40,000 mark.
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XRP/USD Trade Experiences a Free Fall-Off – January 23 In the process of extending the current bearish-dominating condition of the XRP/USD market activities, the crypto-economic trade now experiences a free fall-off in its stances. The crypto’s valuation is trading between $0.62 and $0.59 lines at a percentage rate of about 1.36 positives. XRP/USD Trade Experiences … Read moreThe Ripple XRP market is seeing a free fall.
Price Downturns, Averaging $2,500 – January 22 There has been a continual falling price outlook in the ETH/USD market operations as the crypto-economic price downturns, averaging $2,500. The crypto economy’s percentage rate is around 0-16, denoting a slow-moving pace to the downside as of writing. Price Downturns, Averaging $2,500: ETH Market Key Levels: Resistance levels: … Read moreEthereum Price Prediction: ETH/USD Price Drops to $2,500 on Average
Bitcoin Price Prediction – January 22 There has been a further significant declining moving nature in the BTC/USD market operations as the crypto-economic business lowers, trading at a $37,500 psychological support line. Presently, price is around a lower value-line of around $36,738 at a minute positive percentage rate of about 0.51. BTC/USD Market Key Levels: … Read moreBitcoin’s business economy is crumbling with the currency currently trading at $37,500.
Crypto ATM machines in Singapore are being taken offline following a crackdown on various Crypto-related services. Crypto ATMs have become increasingly popular as they offer a convenient way for people to exchange Crypto into fiat and vice versa. The Monetary Authority of Singapore (MAS) is also limiting the Crypto ads published by firms operating in … Read moreFollowing the publication of new Crypto ads guidelines, Bitcoin ATMs in Singapore were closed down.
Opera has announced that it will be releasing the beta version of its new Crypto Browser Project. The Crypto browser seeks to improve user experiences in decentralized applications (Dapps), games and the metaverse. The project also seeks to offer direct access to Web 3. These services will be available to users on Windows, Mac and … Read moreOpera announces the launch of a Web 3 crypto browser
The crypto market recorded exponential growth in prices. However, this sector’s growth also created more job opportunities, and recent data shows that jobs related to the cryptocurrency sector increased by 395% in 2021. This data shows another area where crypto has recorded significant growth compared to the broader technology sector. crypto job searches surge by … Read moreCrypto job searches on LinkedIn gain by 395% in 2021
The Northwest Arkansas Council is launching a cryptocurrency incentive program seeking to attract professionals that want to work remotely. The program is targeting entrepreneurs and professionals in the tech sector. The council comprises business leaders in the region, and according to its president and CEO, Nelson Peacock, the incentive seeks to aid the region to … Read moreNorthwest Arkansas giving a $10K Bitcoin incentive to remote workers
Jack Dorsey, the former CEO of Twitter, has been one of the most vocal advocates for Bitcoin. After leaving Twitter, Dorsey is now focused on a wide range of initiatives surrounding Bitcoin, with the latest being the launch of a fund to support the legal defence of Bitcoin developers. The new fund dubbed “Bitcoin Legal … Read moreJack Dorsey launches the Bitcoin Legal Defense Fund for BTC developers
The cryptocurrency market remains in its end-of-year purgatory. Its total cap has climbed by 0.9% in the past 24 hours, to $2.38 trillion. Major coins have inched upwards by similarly modest percentages within the same timeframe. Bitcoin (BTC) is up by only 0.4%, while ethereum (ETH) has witnessed a 1.4% appreciation. However, there remain a … Read more5 Best Cryptocurrency to Buy for 10x Returns – January 2022