Connect with us

Crypto News

Cryptomarket Valuation and Opinion 12-08-21

Published

on

Market Data Highlights

Bitcoin opens at $50K. It hits lowest at $48K and highest at $51K and stable around $50K ~ $51K. The average transaction fee is $1.92 which is a 18.30% decrease from 12-07-21. Fear and Greed level is at 28.

Ethereum opens at $4.3K. It hits lowest at $4.2K and highest at $4.4K and stable around $4.3K. The average transaction fee is $33.18 which is a 11.52% decrease from 12-07-21. Fear and Greed level is at 39.

NFT market highlights:

The NFT market is up and down. I think people are getting over the NFT market. Although it may drive the future of crypto growth, it is taking a break now.

Today’s sentimental news and comments:

Bullish News ?

Coinbase stores 12% of the worlds’ total crypto according to its CFO.

OpenSea community does not work the company to IPO.

Shiba trend has dropped as its Google searches fall 92% since October.

Bearish News ?

CBDCs in Europe trial has been successful in France and Switzerland.

CFTC commissioner wants more clarity due to Crypto regulation enforcement. There is a power struggle between the SEC and CFTC.

Future Trend ?

Crypto CEOs are testimonies in Congressional hearings. The government starts to pay more attention to the crypto industries.

Cardano testing ERC-20 converter with AI tokens. Cardano may lead the technology advancement in the future.

Scam Alert ⚠️

Scam: Booster

Reason scam: connect wallet and steal safemoon tokens

Scam types: fake wallet, stealing code embedded

Thanks for reading and see you tomorrow!


Promotion here if you want to check it out:

Trading Apps for crypto:
? Robinhood
? Webull
? Uphold
? Crypto.com
? Binance.us
? KuCoin
? Coinbase
? FTX
Tipping and Reward Apps for crypto:
? Foldapp
? Strike
Financial Apps for crypto:
? Hodlnaut
? Betterment
Payment Apps for crypto:
? PayPal
? Cash App
Learning Trading Apps for crypto:
? Finimize
? Zogo
Earning crypto through content creating:
? Publish0x ?
? Odysee ?
? Loop Finance ?
? Noise.cash ?
? Torum ?
? Minds ?
? Bitclout ?
? Ecency ?
Earning crypto through NFTs:
? OpenSea ?
? Mintable ? with my code xuanling11
? Curate ? with my code 5YC6P8
? Unstoppable Domains ?
Earning crypto thought games:
?? Coinmarketcap Diamonds here or with my code MIT7BS9Y
?? Get your free Zcash and PipeFlare tokens here ?
?? Get your free EOS here ?
Earning crypto thought Passive income:
? Honeygain
? PacketStream
? Presearch and code ?
? Swash Coin
? Pipeflare
? CyberFM and code ? INkBK6PY68vXzz12072
Mobile mining crypto:
? Pi Coin
? Bee Coin
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto News

Ethereum Drifts Sideways And Struggles Below $1,300

Published

on

Ethereum Drifts Sideways And Struggles Below $1,300


Dec 05, 2022 at 16:48 // Price

Ethereum (ETH) price has continued to bounce between the moving average lines. The uptrend has been blocked by the high at $1,300.

Ethereum price long term analysis: bearish


The price of the cryptocurrency has already tested this level three times, but has not yet been able to break through it. The price of Ether is moving sideways below the barrier. The largest altcoin is trading in the overbought zone of the market 


The overbought condition of Ether has made it difficult for the price to move higher. However, in a strongly trending market, the upward movement will resume. If the bulls can break through resistance, Ether will rally above the 50-day simple moving average (SMA). However, as long as the moving average lines are intact, Ether will move within a certain range.

Ethereum indicator analysis 


In the 14th period, Ethereum has risen to the value of 42 in the Relative Strength Index. Ether is in a bearish trend zone and could fall further. The price bars on the daily chart are between the moving average lines, indicating a likely range-bound move for the cryptocurrency. The largest altcoin has reached the overbought zone of the market. It is above the stochastic value of 80 on the daily chart.


ETHUSD(Weekly Chart ) - December 5.22.jpg


Technical indicators 


Key resistance levels – $2,000 and $2,500



Key support levels – $1,500 and $1,000


What is the next direction for Ethereum?


Currently, Ethereum is drifting sideways between the moving average lines. Ether has been trapped in a range since November 30. It is predicted that the trend will continue for a few more days. The altcoin will move when the moving average lines are broken.


ETHUSD(Daily Chart) - December 5.22.jpg


Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their research before investing in funds.



Source link

Continue Reading

Crypto News

This Western PubG Game Mode Is So ADDICTING! – CryptoStache

Published

on

This Western PubG Game Mode Is So ADDICTING! - CryptoStache


I jump into disguise and head out on a mission to play GRIT!

Join Secret Agent ‘Stache for TOP SECRET THURSDAYS with guests from the team and Agent Riz holding it down at Crypto Intelligence Agency (CIA) headquarters.

In GRIT’s Wild West, the fastest draw isn’t always enough to make sure you’re the one riding off into the sunset. Meet other players on the dusty plains or at high noon on the streets of a frontier boomtown. Run and gun, or hijack the last train out of town – but remember, sometimes there’s no running from the coming calamity.

MORE INFO: https://cryptostache.com/GRIT

00;00;00 Intro
00;00;53 SAS Membership
00;01;25 Disguise Change
00;01;47 Gameplay
00;02;03 Dance Party
00;02;16 Gameplay
00;03;08 Dinomite
00;03;56 Gameplay
00;05;04 Gameplay
00;05;35 Breakdown

JOIN MY CHANNEL FOR AGENT-ONLY PERKS:
https://youtube.com/CryptoStache/Join

TALK WITH ME IN DISCORD: https://discord.gg/dyQbnKK

FOLLOW ME ON SOCIAL:
https://twitter.com/cryptostache
https://instagram.com/cryptostache
https://tiktok.com/@cryptostache
https://CryptoStache.Theta.tv
https://www.cryptostache.com

#galagames #nftgame #pubg

Related Searches:
top blockchain games 2023
top blockchain games 2022
best blockchain games 2022
top crypto games 2023
best blockchain games 2023
best crypto games 2023
top nft games 2023
top play to earn games 2023
best play to earn games 2023



Source link

Continue Reading

Crypto News

Warren Buffett Explains His Hate for Bitcoin

Published

on

Warren Buffett Explains His Hate for Bitcoin


Bitcoin has had its worst year to date, and Warren Buffett – the billionaire investor and CEO behind real estate giant Berkshire Hathaway – is laughing in all our faces right about now.

Warren Buffett Really Hates Bitcoin

Buffett has never supported bitcoin. In fact, he’s said some rather negative things about it. Discussing crypto assets in 2018, he said:

They will come to a very bad ending.

He also made it clear that he had no intention of owning any form of crypto, stating in early 2022:

If you… owned all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it.

In the long run, Buffett doesn’t see much value to BTC and claims it’s not a productive asset. In the year 2020, he stated that cryptocurrencies do not have any real value in that they don’t lead to any serious returns. He mentioned:

They don’t reproduce, they can’t mail you a check, they can’t do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person’s got the problem.

He also said he doesn’t see crypto as money given many companies are not accepting it as a method of payment. Buffett added to his 2020 words with:

I don’t have any bitcoin. I don’t own any cryptocurrency. I never will.

The idea of bitcoin not serving as money first came from him in 2014. In an interview, he stated:

It does not meet the test of a currency. It is not a durable means of exchange. It’s not a store of value. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money?

While it may be safe to assume Buffett knows a lot about money and investing, it would be wrong to think he knows everything, and perhaps bitcoin is simply an asset he’s not understanding. This has been suggested by analysts in the past, though to be fair, Buffett has largely been successful because he has stuck to investing in things he knows and comprehends. He mentioned:

I get in enough trouble with things I think I know something about. Why in the world should I take a long or short position in something I don’t know anything about?

A Long List of Insults

He says that one of the reasons investors get into trouble most of the time is because they like to gamble and take too many unnecessary risks. He commented:

If you don’t understand it, you get much more excited than if you understand it. You can have anything you want to imagine if you just look at something and say, ‘That’s magic.’

Tags: bitcoin, crypto, Warren Buffett



Source link

Continue Reading

Trending