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Concerns about regulation crackdowns and environmental questions have been effecting #btc price over past few months. Further downside is likely as sellers react to extreme overbought conditions. Short-term bear trend is slowing and upside is limited.
#CryptoNews#cryptoworld
#Bitcoin Is continuing trade in the zone of $32k-$37k and attempting to settle below the support of $32k. RSI is still in moderate zone, and it can gain downside momentum if right catalyst emerges. There are support zones at $32k, $30k, $29k and $27.5k as #btc still bearish trend
El Salvador wants to make #bitcoin legal resource in the country, used alongside physical currency and it would help people living abroad to send money home. He said, it would generate jobs and help provide financial involvement to others outside formal economy. #NayibBukele
#Bitcoin failed to sustain moves above $39,000 last week, which was followed by a series of lower price highs. There is strong resistance around $37,600 which could limit upside this week.
Volatility has declined from extreme levels in May, but remains elevated relative to April.
Polygon’s #MATIC Token Ended May Up 120% Despite #Bitcoin Price Crash.
MATIC's monthly gain proves that a #cryptocurrency backed by growing usage can weather broader market sell-off.
Hacker group Anonymous on Sunday issued a warning to #SpaceX and #Tesla CEO @elonmusk , slamming him for having liquidated dreams and “destroyed lives” with his tweets about cryptocurrencies. The group issued the threat through a video posted on #twitter.
The community is what matters the most. There's a feedback loop between people's wanting to own and use currency and the way in which it intermediates human cooperation. Community function has major role of determinanting the value of your currency, #Crypto
@elonmusk strikes again.
#Bitcoin fell nearly 7%, hitting lows under $36,500 and reversing Thursday's rally to $39,200. Other cryptocurrencies including #Ethereum (8.13%), #Cardano (7.75%), #Polkadot (12.33%), and #DOGE (15.27%) followed suit, suffering relatively bigger losses.
Some of us were through 2017 cycle that saw major cryptocurrencies lose major value. We all know that crypto is mega volatile and those swings are an old book story and something we all need to deal with. We are asking you to invest responsibly without emotions.
#BTC#ETH#crypto
eToro trading platform, which plans to become publicly traded through a merger with SPAC saw 200% to 3.1M new users in first quarter of the year. Organisation has 20M registered users in total and plans to grow even more. That will reflect an implied value of around 10B$. #Crypto
Dogecoin has surged 32% in the past 24hour following an announcement from #Coinbase that said it has listed #doge on its professional trading platform. “The Hash” panel reacts to Coinbase climbing aboard the crypto-meme train, suggesting the way ahead for the dogecoin phenomenon.
Crypto market is still recovering from last month’s volatile correction. Bitcoin #BTC was up about 4% over the past 24 hours as of press time and was holding support above $35,000. Technicals suggest limited upside towards $40,000 and $45,000 as resistance remains strong. #Crypto