Payments
Get AMP ed Up 4 a Reversal Rally in this Payments Network Micro“A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand.”
the obvious downside is that the trading volume is very low relative to Market Capitalization.
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
UK crypto unicorn teams upUK crypto firm Blockchain.com has teamed up with Stripe to help bolster its payment offering and get a better handle on protecting against fraud.
Blockchain.com, founded in 2011 and an infrastructure pioneer in Bitcoin, is a platform that offers users ways to buy and use crypto.
The UK firm says that 37 million users have created more than 80 million crypto wallets and transacted more than $1trn on Blockchain.com.
Online payments giant Stripe is to bolster Blockchain.com’s payments offering, as well as help protect against fraud, and improve revenues management.
In particular, the two companies said that Stripe aims to address common crypto purchase challenges, such as fluctuating payment acceptance rates, volatile reliability, as well as improving user experience.
In four weeks, Blockchain.com used Stripe technology to build a new checkout flow that made it possible for users to purchase crypto using card payments.
Oil Effects.Weekly Time-frame
Still bearish and we are still need to fill the long wick to the upside of the previous weekly candle it might not close there but it will have to reach the $44,093 top before coming down again. We are forming symmetrical triangle that can either break out to the upside or downside. With the current events right now we are more closer to short position. once S&P 500 index, Russel 2000 index dumps we can expect more dump for Bitcoin like retesting the 200 Moving Average in weekly time-frame.
We just need to watch out to the news about our stock market.
1D Time-frame
We are getting closer to our support area of $39,259, $38,352, $37,197. These are the supports where we would most likely bounce. Our Awesome Oscillator (AO) is bullish so no worries at the moment we printed Green Volume signalling to the upside.
4H Time-frame
The area below 4H 200 MA, which means we are back to bears. What most likely will happen here is a test to our support at $39,254 if it holds it will bounce here, if not it will retest $38,350 if it holds we will bounce there or retest at $37,197 and bounce from that area. that support area are most likely we can open long position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Dogecoin Tumbles 17%As seen on CoinMarketCap, the cryptocurrency market tumbled to widespread selling pressure on Feb. 24, with most altcoins plunging by more than 10%. Dogecoin tumbled nearly 17% to reach intraday lows of $0.106 before a slight rebound. Despite the price dip, DOGE profitability remains at 50% per IntoTheBlock metrics.
The IntoTheBlock Holder Composition by Time Held also suggests half or 50% of Dogecoin holders as mid-term investors. Forty-five percent of holders have held their LINK tokens for more than a year, while barely 6% have held them for less than a month.
Dogecoin price and adoption
At the time of writing, DOGE is trading at $0.113 per token, ranking 12th largest cryptocurrency by market capitalization despite being down 17% on the day, according to CoinMarketCap data.
Dogecoin co-founder Billy Markus recently took to Twitter to share that a new fast food restaurant inspired by the original meme cryptocurrency has emerged in Dubai, and it now accepts DOGE as payment for burgers and soda.
Sling TV, a streaming TV provider based in the United States and a wholly-owned subsidiary of Dish Network, recently announced that it will take cryptocurrencies via BitPay. Subscribers of the virtual TV provider can now pay for their subscriptions using cryptocurrencies, such as Dogecoin via BitPay.
MANA in the 2nd wave till the end of Januaryit is on the $3.51 support but has the potential to lose this support. it could have a fake break of $2.3 to $1.6. the fake break of $37 is possible in the 3rd wave till $60.
crab harmonic pattern:
X=$6.48
AB=0.38 XA
BC=0.38 AB
1.6 BC=$1.61
2 BC=$2
2.24 BC=$2.36
2.6 BC=$2.97
0.78 XA=$3.51
088 XA=$4.68
3.6 BC=$5.47
4.23=$7.98
1.13 XA=$9.4
1.27 XA=$14.11
1.41 XA=$20.94
1.6 XA=$37
OMG is OMG!crab harmonic pattern:
B=0.61 XA
BC=0.38 AB
0.78 XA=$11.2
0.88 XA=$17.3
1.6 BC=$27.28
2 BC=$50
2.24 BC=$74.5
2.6 BC=$137.2
1.4 XA=$167
1.6 XA=$412
3.6 BC=$690
Luna needs an extreme correction or will skyrocket at the 3rd?since I believe in this project I can't believe the slide till $7! this 1st wave will have an infinity 3rd wave beyond the crab pattern target.
crab harmonic pattern:
X=$12.7
AB=0.38 XA
BC=0.38 AB
1.6 BC=$1.14
2 BC=$1.62
2.24 BC=$2
2.6 BC=$2.85
0.78 XA=$4.5
3.6 BC=$7.1
0.88 XA=$7.34
4.23 BC=$12.46
1.13 XA=$23.73
1.27 XA=$47
1.41 XA=$91.22
6.85 BC=$135
1.6 XA=$248
Does the slide start from $123 or $174?I believe $123 is a better candidate for the slide and the $30 is a better target than $10.
crab harmonic pattern:
X=$323
A=$0.069
AB=0.38 XA
BC=0.88 AB
1.6 BC=$10.18
2 BC=$30.13
0.78 XA=$53
2.24 BC=$59.6
0.88 XA=$123
2.6 BC=$174
1.13 XA=$967
3.6 BC=$2987
1.27 XA=$3210
1.41 XA=$10295
4.23 BC=$17286
1.6 XA=$59623