News
Type: Bullish Rise Key Levels:Resistance: 148.125Pivot: 144.475Support: 141.150 Preferred Case:On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.475 to the 1st resistance at 148.125 where the 127.2% fibonacci extension is. Alternative Scenario:Alternatively, price could break […]
The blockchain-based gaming industry will need to look at localized strategies to attract Web3 gamers, says decentralized gaming guild Yield Guild Games (YGG). Speaking with Cointelegraph at the 2022 Tokyo Games Show last week, Andy Chou, YGG’s head of ecosystem development, and Brian Lu, partner of Taiwan-based VC firm Infinity Ventures Crypto (IVC) gave a […]
Modern parents are going to need to keep an even closer eye on their kids’ gaming habits, as some of them may be accumulating a hefty tax bill, according to a crypto tax specialist. Speaking to Cointelegraph during last week’s Australian Crypto Convention, Adam Saville-Brown, regional head of tax software firm Koinly said that many […]
BNY Mellon US Recession Risk Rising We expect the Federal Reserve to raise the federal-funds target range rate by 75bp at the conclusion (Wednesday) of this week’s FOMC gathering. We have revised up our terminal rate expectation from 4% (held since early 2022) to 5%. Our rationale: last week’s outsized core CPI data for August […]
Type:Bearish Drop Key Levels:Resistance: 1738.4Pivot: 1780.8Support: 1680.2 Preferred Case:On the H4, with the price moving below the ichimoku cloud and RSI is showing a descending trend, we have a bearish bias that the price may drop form the pivot at 1777.8, which is in line with the overlap support and 61.8% fibonacci projection to the […]
In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics. 2854 Total views 9 Total shares $20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away. Bears simply refuse to release their […]