Get started

Genesis

Bitcoin: Moment of TruthHello Team, Bitcoin has currently formed a bearish Head & Shoulders formation. "If" we break this support level with a confirmation candle we can see the price of Bitcoin push lower towards the 20K Support level. if you look to the left side of the chart there is not much support until that level. We will not enter a trade until there is a confirmation candle as there is still a chance that we will bounce off this support after tomorrow's CPI news. Play it smart and wait for confirmation. Enjoy!
COINBASE:BTCUSDShort
by GenesisGo
BTC UPDATE Currently #Bitcoin is heading for a correction. Reasons being that; BTC inflow is HIGH BTC trading at overbought range. Theres a CME Gap at 19.9k - 20.8k The dollar index(DXY) Reversal Hence Bitcoin is looking for healthy correction here.. Anyone looking for a Short opportunity should consider placing a short at these ranges Short BTC : 20800 - 21800 Target : 19600 - 18400 Moreover, fundamentals are rekt as SEC is still investigating DCG, Gemini and Genesis. One word from the SEC will crash the market down more than expected. So trade carefully champs! #ReNLoG
Short
by ReNLoG
1
November 24 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 1.23% over the last 24 hours and rose to an intraday high of $16,798.00. The Crypto & Fear Index is still in the extreme fear territory, and the relative strength index is below the midpoint, suggesting that the market sentiment is still weak. The liquidity issue of Genesis Trading remains unresolved, but the firm confirmed that it has hired investment bank Moelis & Co to talk with potential investors today. If Genesis Trading solves their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500. Today’s Cryptocurrency Headline DBS Completes Fixed Income Trade on Onyx Singapore-based DBS Bank said it has completed transactions in fixed-income products through Onyx, JPMorgan Chase's blockchain-based fixed-income trading network, becoming the first Asian bank to use the network. BNP Paribas previously joined JP Morgan's blockchain network Onyx for fixed-income trading. Goldman Sachs (GS) has also tapped JPMorgan's network Onyx for repo transactions. 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.
by BingX
November 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw inflows totalling US$44m last week, but short investment product inflows represented 75% of the total inflows. Bitcoin is down 1.1% over the last 24 hours and fell to an intraday low of $15,461.92. The largest cryptocurrency fell below the November 9th low of $15,588 after the news of Genesis Global Trading could face potential bankruptcy came out, suggesting that the investors are extremely nervous about the potential bankruptcy. As Genesis Global Trading is considered the largest lending desk in the cryptocurrency industry, the fall of Genesis Global Trading could damage the cryptocurrency industry heavily, and the BTC/USDT pair could drop to $12,000. Today’s Cryptocurrency Headline Genesis Trading Warns of Possible Bankruptcy Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital. Its financing target has been halved from US$1 billion to US$500 million. Parent company DCG is unwilling to sell part of its venture portfolio and has no plans to sell another company, Grayscale. According to previous news, Genesis Global Trading has suspended redemption and new loan issuance. DCG said that the business operations of other subsidiaries have not been affected, and DCG has injected $140 million in equity into Genesis Global Trading. 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.
by BingX
1
#BTC - Awaiting Confirmation Of Short Term Direction#BTC - Awaiting Confirmation Of Short Term Direction Forming a bit of a symmetrical triangle respecting these trendlines and support resistance quite well. It will be worth waiting for a breach of either of these trends and a possible retest after first impulse to commit to a trade. There is a lot of hairy news on the market at the moment that can swing BTC either way very quickly so be smart with allocation and smarter with direction.
by Kryptochristian
3
November 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is down 1.64% over the last 24 hours and fell to an intraday low of $16,363.63. The largest cryptocurrency attempted to recover after a few days of decline but the recovery ended quickly, suggesting that investors continue to maintain a risk-off stance. The relative strength index (RSI) is in the negative territory and the Crypto Fear and Greed Index is in extreme fear territory, suggesting the market sentiment is weak. Today’s Cryptocurrency Headline Genesis Trading’s Lending Unit Halts Customer Withdrawals The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations, interim CEO Derar Islim told customers on a call Wednesday. Genesis is looking at solutions for the lending unit, including finding new sources of liquidity and intends to detail its plans to clients next week. In addition, Derar Islim said that Genesis's trading and custody business operates independently and will not be affected. 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.
by BingX
Vox Royalty - Genesis Minerals LtdKookynie (Pre-Feasibility) - Exceptional Drilling Results at Puzzle North Discovery Vox holds a A$1/t production royalty on part of the Kookynie gold project(2); On February 3, 2022, Genesis announced: Outstanding new results from reverse circulation ("RC") drilling across multiple areas, confirming potential to expand the mineral resource at the Ulysses Gold Project near Leonora in Western Australia; Broad, high-grade zones of gold mineralisation intersected from shallow depths in RC drilling at the Puzzle North Discovery, including: 21USRC1186: 27m @ 8.18g/t Au from 30m; 21USRC1190: 34m @ 13.36 Au from 42m, including 1m @ 382.6g/t Au from 68m; and 21USRC1192: 29m @ 2.91g/t Au from 52m; Drilling at Puzzle North has now defined mineralisation over 600m of strike and up to 100m width, with the mineralisation remaining open both at depth and along strike; Mineralisation at the southern end of the Puzzle pit extended over 200m south with results including: 21USRC1114: 11m @ 2.20g/t Au from 82m; 21USRC1119: 4m @ 9.07g/t Au from 92m; 21USRC1123: 5m @ 5.98g/t Au from 79m; and 21USRC1127: 47m @ 1.07g/t Au from 95m; A large drilling program is currently being planned for the Puzzle North to Puzzle corridor. Vox Management Summary: This exciting gold exploration royalty that Vox acquired for less than A$150k in 2020 is being rapidly drilled to include the royalty-linked Puzzle North discovery in an expanded feasibility study at the Ulysses gold project. The potential development timeline for this project from exploration to development continues to exceed Vox management expectations.
V
by TH_Analysis
LINK- Multi-time frame and fundamental/Macro analysisDespite Link's fundamental shortcomings, we need to realize that crypto is driven partially by euphoric sentiment and market signal is often times, more important than macro signal, at least in the short run. While the time of reckless speculation may be gone, we can't overlook the effect that DeFi craze and the resurgence of crypto bull market may have on the speculative behaviors. If you bought Link cheaply, congraztz and enjoy the ride. If you are like me, treat it as a deeply discounted swing buy opportunity like most cannabis stocks, just wait patiently until the price drop to the buy zone in my chart without taking on the excessive amount of risk. For short-term speculators, set the wide stoploss in order to avoid the stoploss hunt for over-leveraged longs and be prepared to take loss when the parabolic run ends and the trend line is broken. Link is showing some technical weakness at 4hr time frame, but remains strong and trendy on the daily time frame. Volume reached ATH yesterday and doesn't seem to be slowing down anytime soon. Fundamental and Macro- 1. No clear timeline of Mainnet launch. 2. Unnecessary intermediary and permissioned structure run the risk of being labeled as security token by SEC (Why not just start the centralized oracle?). This argument has been valid for a long time and it is the reason why many investors prefer currency coins (specifically anon coins) and platform tokens over utility tokens. 3. According to Zeus capital, Link's marketcap is way bigger than the decentralized oracle's projected TAM. This can only be justified if TAM is rapidly growing, which isn't true as Link's clients are mostly DeFi platforms, or if LINK can capture nearly 100% of TAM. The latter is impossible as MakerDao, Compound, Uniswap and Coinbase are developing the internal alternatives. Not to mention many centralized lenders such as Genesis and Nexo that indirectly affect Link's value proposition and user case. Don't forget to follow me and like the post. Much appreciated!
KRAKEN:LINKUSD
by Libratus
4
LONG - GVT - Trading OpportunityBINANCE:GVTBTC has been retesting this support multiple times and bounced every time, RSI also showing some slight accumulation happening, looking for another bounce before it finally decides where it's heading. Entry: 0.0000951 Target 1: 0.00001054 Target 2: 0.00001142 SL: 0.0000899 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
GLong
by ElMomento
Gensis AnalysisATHs (all-time highs) and halving indicated with bubbles 3 macro triangles all played out with their implied direction (descending = downside break, ascending = upside break) The green parabolic trend since genesis has provided support Very speculative macro symmetrical triangle potentially in play (50:50 breakout). This is only shown because of the massive confluence between this, the green genesis trend line and a ~3-year rising channel (although this is a bearish formation, assets can stay in macro channels for upwards of decades +) Blue boxes indicate price touching parabolic trend line BTC never tested its previous bull market ceiling. This would result in the drop shown by price levels. The 40% markup is the average in price distance (above) that BTC fell in relation to the market's previous ceiling. Testing this 40% mark and rebounding could be considered a confirmation of testing the previous ceiling when the macro trend begins to change (weekly is no longer down trending).
BNC:BLX
by jwlker