August 18 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
Crypto lending platform Celsius Network lawyer Josh Sussberg said it has received several undisclosed offers to inject funds into the company and has received approval from a U.S. judge to sell the bitcoin it mines. Celsius mined $8.7 million worth of bitcoin in July, but the company’s operating and capital costs exceeded that amount, according to a filing before the hearing.
Today’s Cryptocurrency Headline
Celsius Receives Cash-Injection Offers and Approval to Sell Mined Bitcoin
Dune Analytics data shows that the number of ENS domain names created has exceeded 2 million. Bitcoin is down 2.4% over the last 24 hours and fell to an intraday low of $23,175.84. Bitcoin has been trading around the 20-day exponential moving average (EMA) ($23,488) today, suggesting the 20-day EMA is acting as strong support. The relative strength index (RSI) has dropped close to the midpoint, indicating the bulls are losing control. If the bulls cannot hold the price above the 20-day EMA, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($22,221).
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Crypto lending platform Celsius Network lawyer Josh Sussberg said it has received several undisclosed offers to inject funds into the company and has received approval from a U.S. judge to sell the bitcoin it mines. Celsius mined $8.7 million worth of bitcoin in July, but the company’s operating and capital costs exceeded that amount, according to a filing before the hearing.
Today’s Cryptocurrency Headline
Celsius Receives Cash-Injection Offers and Approval to Sell Mined Bitcoin
Dune Analytics data shows that the number of ENS domain names created has exceeded 2 million. Bitcoin is down 2.4% over the last 24 hours and fell to an intraday low of $23,175.84. Bitcoin has been trading around the 20-day exponential moving average (EMA) ($23,488) today, suggesting the 20-day EMA is acting as strong support. The relative strength index (RSI) has dropped close to the midpoint, indicating the bulls are losing control. If the bulls cannot hold the price above the 20-day EMA, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($22,221).
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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