Day: October 3, 2022
• EURAUD reversed from resistance level 1.5335 • Likely to fall to support level 1.500 EURAUD recently reversed down from the key resistance level 1.5335 (which has been reversing the price from the start of March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from February. The downward reversal from […]
Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish. The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to […]
Fed in Focus While USD has been out of the limelight recently, correcting lower last week amidst major market moves elsewhere, the underlying story is sill in favour of a higher USD. At the end of last week we heard Fed’s Brainard rounding out a week of hawkish Fed commentary. Brainard voiced her support for […]
Type: Bullish rise Key Levels:Resistance : 147.900Pivot: 144.275Support : 141.100 Preferred Case:On the H4, with price moving in the descending trend and breaking the ichimoku indicator, we have a bearish bias that price may drop from the pivot at 144.275 where the previous swing high sits to the 1st support at 141.100 where the 38.2% […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 0.9900. However, an alternative scenario implies that the price […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is no longer moving inside the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1105 and then resume moving upwards to reach 1.1855. Another signal in favour of a […]
The details of the withdrawal will reportedly be part of upcoming court filings, and it’s possible the founder and former CEO of the crypto platform could be forced to pay it back. 1532 Total views 10 Total shares Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform […]
The funds returned so far have come in the form of Ether, Binance-pegged ETH and BNB ($14.2 million). 801 Total views 34 Total shares A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The […]
The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings. The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The […]
