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October 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to IntoTheBlock, Bitcoin’s 30-day price volatility was at 31%, the lowest in almost two years. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $19,348.46. The largest cryptocurrency continues to trade around the $19,000 price level, suggesting a lack of demand for both sides. For now, the sideway trading activities are likely to continue as there is not much volatility in the market. Today’s Cryptocurrency Headline OpenSea Rolls Out New Analytics Tab According to OpenSea's official Twitter, the NFT market OpenSea has launched a new analytics tab on most collection pages. Most collections now include an analytics tab where users can browse trends, metrics, and collection activity. The analytics tab also includes three core metrics of volume, sales, and floor price, to help users make informed decisions. The feature is currently in the beta version and will be updated based on users' feedback. 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
October 13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the Crypto Losses Q3 2022 Report released by Immunefi, the crypto industry lost $2,328,917,230 so far in 2022. Bitcoin is up 0.63% over the last 24 hours and rose to an intraday high of $19,239.86. The producer price index increased 0.4% for September, compared with the Dow Jones estimate for a 0.2% gain. This suggests that inflation is yet to respond to the Fed’s monetary tightening. Investors will be focusing on Thursday's CPI report, which is expected to show annual inflation increasing 8.1%. If the CPI is worse than expected, the BTC/USDT pair could drop into the $18,125 to $17,622 support zone. Today’s Cryptocurrency Headline Yuga Labs Faces Investigation From the SEC Yuga Labs, creators of Bored Ape Yacht Club NFTs, is facing a probe by the U.S. Securities and Exchange Commission into whether sales of some of its offerings violate federal law. The regulator is investigating whether certain assets released by Yuga Labs could be treated more like stocks and therefore should follow the same rules as stocks. Yuga Labs said in an email that it is committed to fully cooperating with any investigation. The opening of the probe is not a foregone conclusion; Yuga Labs has not been accused of wrongdoing and the probe may not result in a legal battle. It sits within the concept of wider scrutiny by the regulator over crypto-related activities. 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
September 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the latest gross domestic product estimate from the Bureau of Economic Analysis, the US economy shrank by 0.6% during the second quarter of the year. Bitcoin is down 0.56% over the last 24 hours and fell to an intraday low of $18,843.39. The largest cryptocurrency continues trading sideways as both bulls and bears have not accumulated enough momentum to take the initiative. For now, the BTC/USDT pair is trading slightly below the 20-day exponential moving average (EMA)($19,518) and due to the lack of demand, the pair will likely be trading around the 20-day EMA for the next few days. Today’s Cryptocurrency Headline OpenSea Partners with Warner Music Group on Music NFT NFT marketplace OpenSea has partnered with American record label Warner Music Group to launch NFTs. A press release from Warner Music Group said its artists will have their own pages on OpenSea as a way to attract fans. In February this year, Universal Music Group partnered with entertainment NFT platform Curio to issue digital assets. Music streaming giant Spotify announced in May that it would begin trialing NFTs on its platform. 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
September 27 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw inflows totalling US$8.3m last week and short-bitcoin investment products AuM rose to US$172m, the highest on record. Bitcoin is up 1.31% over the last 24 hours and rose to an intraday high of $19,320.53. The largest cryptocurrency has been trading sideways for the last few days, suggesting both bulls and bears seem indecisive to make the next major move. The bulls will attempt to push the BTC/USDT pair above the 20-day exponential moving average (EMA) ($19,653) to establish a relief rally. However, if the price turns down from this level, the ongoing sideway trading will likely continue. Today’s Cryptocurrency Headline Music NFT Platform Sound.xyz Launches Sound Protocol Music NFT platform Sound.xyz announced the launch of Sound Protocol, which provides a permissionless base layer that allows artists to freely deploy their smart contracts. The corresponding smart contracts are owned by the artist and cannot be upgraded. All metadata is uploaded to Arweave, a permanent and decentralized storage network, which allows artists fully control their metadata. The mint formats can be customized on a per song basis and support end-to-end royalties on primary and secondary sales. 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
September 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 4.74% over the last 24 hours and rose to an intraday high of $19,533.17. Bitcoin dropped below the immediate support at $18,626 and reached $18,126 on Sept. 21, but the price has recovered back to $19,000 over the last 24 hours, showing strong buying at lower levels. Buyers will attempt to push the price above the 20-day exponential moving average (EMA) ($19,904) to establish a relief rally. However, If the price turns down from the 20-day EMA, the bears will again try to pull the pair below the strong support zone between $18,626 and $17,622. Today’s Cryptocurrency Headline OpenSea Plans to Support More Networks and Languages ​​to Expand Global NFT Ecosystem OpenSea will add more network and language support in 2023 to expand the global NFT ecosystem. In the coming weeks and months, OpenSea will add support for more languages, including Simplified and Traditional Chinese, Korean, Japanese, French, Spanish and German. OpenSea said it firmly believes that NFTs are foundational technology that will eventually underpin thousands of use cases and industries. OpenSea will focus on solving problems that limit the application of NFTs, such as technological innovation, patience, and language differences. From the fourth quarter of 2022 until 2023, the core of OpenSea's attention will turn to Expansion, which aims to build a globalized NFT ecosystem so that people can interact with NFTs across chains, languages, and more vertically. 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
ETHEREUM Hit its Target Finally ✅ Well, let's check the Ethereum chart together ! Finally, despite the fact that many people were against my bearish scenario , this finally happened and the price started falling exactly from the range of $1780 and touched its first important target, i.e. $1550! For now, we have to wait to see if it fills the new FVG price that has been created or not (range of $1625 to $1675)! I hope you have made the most of this analysis! Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 09.14.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
14
Why Ethereum Merge Is A Big Deal for Cryptos‍Ethereum has long been known as the second-largest cryptocurrency by market cap. That will soon change, as Ethereum is poised to overtake Bitcoin in that regard. There are many reasons for this shift, including the explosive growth of investable digital tokens built on top of the Ethereum blockchain. There are now so many of these ERC-20 tokens that even Google cannot track them all. As a result, this Tradingview Idea will explain what Ethereum merge is and why it’s important for investors interested in the world of cryptos. What Is Ethereum Merge? The Ethereum merge is a significant change in the structure of the Ethereum blockchain. The merge will combine two separate chains into a single blockchain. This means that Ethereum tokens that are currently traded on two separate chains will be accessible on a single chain in the future. This means that any Ethereum-based tokens that have been trading on two separate chains will be available on a single chain in the future. The wallet functionality will also allow the tracking of both types of tokens in a single interface. This will reduce confusion for investors and make things more convenient for users. It will also make it easier for centralized exchanges to add more tokens. The Ethereum merge can lead to a significant shift in investor interest away from Bitcoin and towards Ether. This will have a major impact on the market capitalization of these two coins. What Does The Future Hold for Ether? The Ether coin is the native asset of the Ethereum blockchain. This coin has seen significant volatility in recent months and is often compared to Bitcoin. Some investors are looking to Ether as an alternative to Bitcoin due to its cheaper price. Ether has seen steady growth over the past year and has been on par with Bitcoin in terms of market capitalization. This shift in investor sentiment could result in Ether overtaking Bitcoin as the number one cryptocurrency by market cap. The Ethereum merge will make Ether more accessible to investors. It will also make it easier for centralized exchanges to add Ether to their listings. This means that interested parties will have an easier time buying and selling Ether. This is a positive sign for the future of the Ethereum blockchain and the Ether token. Coin Based on Ethereum Merge: Etherum Dark Investors who are looking to capitalize on the Ethereum merge can do so by purchasing Etherum Dark. Etherum Dark is a token that has been trading on the Ethereum blockchain since 2017. This coin is a great choice for those who want exposure to the Ethereum blockchain without buying Ether. Etherum Dark is based on the Ethereum blockchain. This coin is not currently available on Coinbase or other major centralized exchanges. Investors who want to purchase Etherum Dark will have to use a decentralized exchange. How to Trade Ethereum Mergers Ethereum mergers can be traded in the same way as other ERC-20 tokens. Investors who want to buy Ethereum mergers simply need to find a wallet that supports these mergers. They then need to send the required amount of Ether to the wallet address and wait for the transaction to be completed. Ethereum mergers can be traded in the same way as other ERC-20 tokens. How to Benefit from the Ethereum Merge Investors who want to benefit from the Ethereum merge should keep an eye on the price movement of Ether. If this coin sees a significant price increase, it may lead to a surge in investor interest in Ether. This would cause the price of Ether to rise even higher. Ethereum mergers will also increase in price during this time. This will provide an excellent opportunity for investors to profit from the Ethereum merge. Which Coin Will Be Top Dog After the Merge? There has been a lot of speculation about which coin will be top dog after the Ethereum merge. Some people say that Bitcoin Cash will win, while others believe that Ether will be the dominant coin. Ethereum mergers are very new, which means that there is still plenty of time for investors to decide which coin will be top dog after the merge. The strength of each coin is determined by various factors that are unique to each token. These include the volume traded on each chain as well as the number of wallets that hold each asset. These factors change on a daily basis and can be very volatile. This means that it is too early to determine which coin will be top dog after the merge. A Transition from PoW to PoS It’s also the go-to platform for developers looking to create blockchain applications — from games to smart contracts — that run on decentralized networks. The Merge, though, will change the way Ethereum works to make it a much more efficient network. The new system is called Casper, and it’s designed to make Ethereum faster and more scalable than ever before. It will also make the network significantly less energy-intensive. "The Merge will reduce Ethereum's energy consumption by ~99.95%." Official quote from Ethereum project website. Source: Twitter Handel: trent_vanepps ETHUSD DAILY CHART ETHUSD Volume Metrics ETHUSD H4 Chart The Event is scheduled and will take place between 13-15 September conclusion The Ethereum merge will result in a significant shift in investor sentiment towards Ether. This will likely lead to Ether overtaking Bitcoin as the most valuable cryptocurrency by market cap. The Ethereum merge is a significant change in the structure of the Ethereum blockchain. The merge will combine two separate chains into a single blockchain. This means that Ethereum tokens that are currently traded on two separate chains will be accessible on a single chain in the future. Ethereum mergers can be traded in the same way as other ERC-20 tokens. Investors who want to benefit from the Ethereum merge should keep an eye on the price movement of Ether. If this coin sees a significant price increase, it may lead to a surge in investor interest in Ether. This would cause the price of Ether to rise even higher.
BITSTAMP:ETHUSDLong
by EQTSHARES
2
BITCOIN 12H TA : 08.30.22 (Update)As you can see, the price entered the FVG range and showed a negative reaction, until now the price has moved according to the analysis and has yielded almost 4%! This whole range of FVG is from $20400 to $21100 and it can be said that you can start saving profit in this range! Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 08.30.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
by ArmanShabanTrading
4
$GMT/BTC 12h (#BinanceSpot) Descending channel breakoutGreenMetaverseToken is pulling back to 50MA support where it seems likely to bounce and resume bullish. Current Price=0.00004525 Buy Entry= 0.00004405 - 0.00003909 Take Profit= 0.00005585 | 0.00006754 | 0.00008183 Stop Loss= 0.00003318 Risk/Reward= 1:1.7 | 1:3.1 | 1:4.8 Expected Profit= +34.35% | +62.48% | +96.86% Possible Loss= -20.18% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 1-2 months Tags: #GMT #GMTBTC #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana Website: stepn.com Contracts: #BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1 #SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
Long
by TradingOn
August 26 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to The Block, as of August 24, the NFT marketplace volume for the month was $369.53 million, compared with $675.43 million in July — a roughly 46% decline. Bitcoin price is almost flat over the past 24 hours. The largest cryptocurrency has been trading in a tight range between $20,800 and $21,500 since 19 Aug, indicating the demand dries up at higher levels. For now, the bulls need to push the Bitcoin price above the 50-day simple moving average (SMA) ($22,408) to establish a relief rally. If the bulls could not hold the current level, Bitcoin could find support at around $20,000. Today’s Cryptocurrency Headline Ethereum Foundation Confirms the Merger Date The Ethereum Foundation confirmed the timing of the mainnet merger in a blog post. The Merge is a two-step process. The first step is a network upgrade, Bellatrix, on the consensus layer triggered by an epoch height. This is followed by the execution layer's transition from proof-of-work to proof-of-stake, Paris, triggered by a specific Total Difficulty threshold called the Terminal Total Difficulty (TTD). The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain -- 11:34:47am UTC on Sept 6, 2022. Paris, the execution layer's portion of the transition, will be triggered by the Terminal Total Difficulty (TTD) of 58750000000000000000000, expected between Sept 10-20, 2022. The exact date at which TTD is reached depends on proof-of-work hash rate. 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
$GRT quick trade Check this outOn 1 hour time frame, $GRT broke the 200 Moving average resistance. As per the previous data. Every time we break the 200MA in this time frame the price is rapidly increasing. Some traders are expecting and eyeing on this level too. And in my opinion, I'm expecting same buyers above this level again. I will catch some position above 200 MA level and I will put stop loss below the recent low in order to protect my capital. Calculate your risk, trading is a convincing game. Do not but blindly.
Long
by CryptoProfessor