Fidelity may soon file for a spot bitcoin ETF

The Block says Fidelity is next in line to file for a spot bitcoin ETF. Oanda analyst Edward Moya shares his view on the Fidelity news. BlackRock also filed for such an exchange-traded fund last week.

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Apecoin Price Analysis & Prediction (May 22nd) – Ape Bounces $3.1 to Retest This Resistance Line, Can it Flip?

Most metaverse tokens have recently cooled off from bearish heat, including Apecoin, which is slowly taking a U-turn after dipping to a four-month low last week. The past months of losses have positioned Apecoin in a more downward spiral, bringing the price near a key psychological level of $3. Of course, it reacted to that […]

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Bitcoin traders call for calm as BTC price slips 10% in a week

Bitcoin is seeing a “logical and healthy” pullback, say commentators, with $25,000 now a key BTC price line in the sand.

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Polkadot To Fall To This Support Level Before Resuming Uptrend

Polkadot price noted a fresh decline on its one-day chart. The price of the altcoin has moved closer to its crucial support line in the same time frame. Over the last 24 hours, DOT has lost around 4% of its market value, and in the last week, DOT secured a 6% appreciation.

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Ankr price prediction: ANKR outlook after Microsoft and Tencent partnerships

Ankr (ANKR) price is up 70% this past week, while positive news has helped its value more than double on the 30-day timeframe. Ankr has struck partnerships with Microsoft and Tencent. The price outlook for ANKR is a potential retest of the resistance line at $0.

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Is Money Beginning To Flow Back Into DeFi?

Ultrasound Money data reveals that there has been a surge in activity in decentralized finance (DeFi) protocols, with Uniswap leading the line. In the past week, Uniswap-related activities led the ETH “burn” leaderboard on Ultrasound Money, flipping OpenSea, the world’s leading non-fungible token (NFT) marketplace.

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Litecoin Price Analysis & Prediction (Feb 5th) – LTC Encounters Solid Resistance After Charting 30% Gains in a Month

As expected, Litecoin witnessed rejections at a key resistance line after charting several gains in the past week. It will likely provide a big opportunity for short traders below $90. Litecoin was eyeing the $100 mark level a few days ago, but the rally stopped, and it suspended the target due to the sudden price […]

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Bitcoin Kicks Off Week Above $17,000, Market Sentiment Turns Optimistic

Bitcoin is seeing some green during this week’s market opening and seems poised to reclaim higher levels in the short term. The number one crypto by market cap experienced some of its worst months in history, but the bulls were able to hold the line at around $15,500.

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Jasmy token attempts breakout at 50-day MA. Should you buy it now?

JasmyCoin has recovered by double digits in a week The token has hit a descending trendline  JASMY could correct in line with the longer-term bearish momentum JasmyCoin (JASMY/USD) saw rising trading volumes on Friday amid a mixed cryptocurrencies trading.

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BlockFi Files for Bankruptcy as FTX Contagion Spreads

BlockFi filed for bankruptcy days after suspending withdrawals last week. FTX had extended a $400 million line of credit to the lender earlier this year.

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New Week, New Trouble For The Market As Crypto Prices Tumble, Rubbing In The Pain Of A Torrid Couple Of Weeks

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What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation

The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned.

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Bitcoin (BTC) at Risk of Falling to Multi-Year Low After Likely Interest Rate Hike

Bitcoin (BTC) was rejected by a long-term resistance line last week and created a bearish engulfing candlestick. The price is at risk of breaking down from a long-term horizontal support area. The post Bitcoin (BTC) at Risk of Falling to Multi-Year Low After Likely Interest Rate Hike appeared first on BeInCrypto.

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Bitcoin investors can find trading clarity in these findings

The crypto market is already showing signs of uncertainty halfway through the first half of the week. Bitcoin has already retraced slightly in line with its current price channel, but this pullbackThe post Bitcoin investors can find trading clarity in these findings appeared first on AMBCrypto.

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Dissecting DOT's bull: Assessing whether there will be a retracement

DOT just concluded the week with an impressive bullish rally, one which has allowed it to retest previous resistance levels. In fact, the same seemed to be in line with how most other cryptos have donThe post Dissecting DOT's bull: Assessing whether there will be a retracement appeared first on AMBCrypto.

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Crypto Market Holds The Line On “Dull” Earnings Week Start

The general sentiment in the crypto market seems to be turning bearish as Bitcoin and Ethereum record losses over today’s trading session. The two larger cryptocurrencies by market cap still record some gains over higher timeframes but seem poised for a dicey week.

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Quant (QNT) Retraces After Breakout From 280-Day Resistance Line – Biggest Weekly Losers

Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically, from July 15 to 22.  The post Quant (QNT) Retraces After Breakout From 280-Day Resistance Line – Biggest Weekly Losers appeared first on BeInCrypto.

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Reasons why Polkadot lost its important support zone this week

Polkadot’s native cryptocurrency DOT established a support line near the $6.40 price level after bottoming out in June. It also retested this support level multiple times in the last few weeks. AnotThe post Reasons why Polkadot lost its important support zone this week appeared first on AMBCrypto.

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Solana Retraced Below $38, Is There A Chance For Comeback?

Solana was on a downtrend as the bulls have lost steam after SOL fell below the support line of $38. Over the last 24 hours the coin depreciated 4% and in the last week, the coin fell by 8%. Price of Solana was pushed to $33, however, at press time the coin was trading slightly above the support line.

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Algorand pioneers state proofs- Here's what investors can expect from ALGO

Algorand [ALGO] is down by more than 30% this week courtesy of a bearish correction after coming into contact with its descending support line. It is now retesting the previous support line where it bThe post Algorand pioneers state proofs- Here's what investors can expect from ALGO appeared first on AMBCrypto.

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Crypto Market Forecast: Week of June 27th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, derivatives dilute the value of Bitcoin, FTX extends a credit line to BlockFi, and Federal Reserve Chairman Powell says crypto needs a "better regulatory framework."

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FTX in Talks to Acquire Part of BlockFi: Report

FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.

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Tron (TRX) Risks Breaking Down From 826-Day Ascending Support Line

Tron (TRX) has been decreasing since the end of May, but further accelerated its rate of descent last week. It is possible that the decrease is occurring as a result of the de-pegging of USDD, which had been announced as an overcollateralized stablecoin.

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Tron: Amid its recent recovery, is TRX finally ready to breakout of its resistance

Last week we observed TRX rallying towards its descending resistance line. It turns out that its strong uptick pushed past the line briefly before a bearish retracement by at least 16% in the days thaThe post Tron: Amid its recent recovery, is TRX finally ready to breakout of its resistance appeared first on AMBCrypto.

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Magic Johnson Unveils NFTs Showcasing The Basketball Legend’s Iconic Moments

Magic Johnson unveiled a new NFT line this week. Sport and NFTs continue to challenge the limits of technology, with American franchises at the forefront of the trend into the virtual domain. The legendary basketball player is the most recent athlete to enter the digital art market with the release of “The anthology: Magic Johnson” […]

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Top 3 Metaverse Crypto Coins Below $9 Million Market Cap to Watch in May 2022

Bitcoin and Ethereum continue to trade sideways this week as BTC holds above $30k and ETH is above the $2k support line. Metaverse crypto coins are also seeing bullish momentum this week, which is a good sign of a potential market reversal soon.

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Zcash [ZEC]: Breaking down the potential effects of the current bearish structure

As the basis line (green) of the Bollinger Bands (BB) constricted the revival attempts for nearly seven weeks, Zcash [ZEC] bears pulled the altcoin down to yearly lows last week. The basis line has crThe post Zcash [ZEC]: Breaking down the potential effects of the current bearish structure appeared first on AMBCrypto.

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Cardano [ADA]: As April ends on a bearish note, what does May have in store

Cardano’s native cryptocurrency ADA extended its bearish performance for another week after breaking through its support line. However, the cryptocurrency is now showing signs of a potential trend rThe post Cardano [ADA]: As April ends on a bearish note, what does May have in store appeared first on AMBCrypto.

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Cosmos: As ATOM bears begin to tire out, here's where you can go long

One week has passed since ATOM broke through its support line, in favor of more downside. It has since then dipped by roughly 13% from the $13 price level to its new bottom range at $20. ATOM achieThe post Cosmos: As ATOM bears begin to tire out, here's where you can go long appeared first on AMBCrypto.

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Ethereum: What these metrics say about the good ol' days

This past week, indications on price charts showed that altcoins' performances toed the same line as BTC.  Most altcoins recorded a significant decline in price. Although Ethereum recorded a day-highThe post Ethereum: What these metrics say about the good ol' days appeared first on AMBCrypto.

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What BTC ETFs second-highest weekly outflows of 2022 hint at

Bitcoin has the highest demand out of all the crypto assets in the world. However, this week, it was surprising to see that the king coin was first in line to bear the brunt of investors’ panic exitThe post What BTC ETFs second-highest weekly outflows of 2022 hint at appeared first on AMBCrypto.

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Historically accurate 'momentum indicator' hints at possible Bitcoin breakout ahead

A "massive bullish move" could be the result of this week's momentum indicator move, in line with behavior from throughout 2021.

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Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF

The US Securities and Exchange Commission (SEC) denied WisdomTree’s application for a spot Bitcoin exchange-traded fund (ETF) this week. “The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirement that the rules of a national […] The post Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF first appeared on BitcoinExchangeGuide.

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Bitcoin: Three indicators signal this about BTC's price

Bitcoin's price has successfully been able to rally by 15% over the past week. After a period of more than three months, the king coin managed to break above its descending trend line and its valuatioThe post Bitcoin: Three indicators signal this about BTC's price appeared first on AMBCrypto.

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Markets down, inflation up, + Elon and Kanye’s next moves...

This week markets are down as rising inflation pushes up food costs and the delta variant worsens the pandemic. Plus AXIE keeps mooning, stablecoins are in the regulatory firing line, and is CZ willing to work with regulators?

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800 ETH Burned Since the Launch of Ethereum London Upgrade Including EIP-1559 on Ropsten Testnet

The much-anticipated Ethereum London upgrade is nearing its finish line as the latest milestone was achieved with the launch of the hard fork on testnet. Ahead of its full deployment next month, this week, the upgrade that includes the EIP-1559 has been released on Ropsten.

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All that Triggered Bitcoin’s Crash, But Only 15% and Is Already On Its Way Back Up

What started early last week extended into the weekend as Tesla CEO continued his uneducated strikes at Bitcoin, which has the CT seething. The good thing is, the pullback was in line with the 2017 bull market corrections, down 35% from ATH, and the market has already been calling for it, notwithstanding Elon Musk playing catch up with Bitcoin history and getting educated.

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‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’

Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.

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What Changed in Crypto Markets While You Were Sleeping — March 29

Bitcoin (BTC) Update Bitcoin opened the week at $55,781 but fell slightly to $55,465 shortly after. Over the weekend, BTC regained some lost ground to reach $56,600. It appears that this move has validated the lower line of the ascending channel as resistance.

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DC Comics Launches Batman-Themed NFT’s; Warns Developers from Copying its Characters

According to reports arising last week, comic book publisher DC Comics is trying out the NFT marketplace, with a plan to launch their own line of unique NFTs. In a story first reported by Gizmodo, DC Comics is “exploring opportunities in the NFT marketplace” in a bid to combat freelancers and NFT developers using their […] The post DC Comics Launches Batman-Themed NFT’s; Warns Developers from Copying its Characters first appeared on BitcoinExchangeGuide.

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Another Watershed Moment for Crypto?

As Bitcoin records another spectacular week, it appears that the line between traditional markets…

The post Another Watershed Moment for Crypto? appeared first on Coin Journal.

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Dogecoin (DOGE) Drops But Maintains Long-Term Support

The Dogecoin/Bitcoin pair is very close to breaking out from a more than three-year-long descending resistance line.   Long-Term Dogecoin Levels During the week of Dec. 28 – Jan. 4, DOGE increased massively, going from a low of $0.

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BTCD Reaches Its Highest Levels Since 2019

While the long-term trend seems bullish, a short-term rejection and correction is likely once BTCD reaches this resistance area. Long-Term Breakout During the week of Dec. 14 – 21, BTCD broke out from a descending resistance line that had previously been in place since Aug.

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Ethereum’s Ratio Tests Support

Ethereum has been struggling against bitcoin as it fails to pass that key resistance line of $700. While bitcoin is up 25% this week, ethereum is up only 14%, with...

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CleanSpark Acquires ATL Data Centers; Now One of the US’ Largest Publicly-Traded BTC Producer

Everyone wants to take a bite of cryptocurrencies. Every day a new big-name announces their digital asset investment. Just this week, Southeast Asia’s biggest bank, DBS Group Holdings, announced its digital exchange and insurance behemoth MassMutual purchased $100 million in Bitcoin in the long line of mainstream herd jumping on the crypto bandwagon.

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Despite Bullish Factors, Litecoin Suffers Brutal Rejection At Downtrend Resistance

Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard.

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Swipe (SXP) Finally Bounces – Has It Reached a Bottom?

The Swipe (SXP) price has increased significantly over the past week, after bouncing at an important support level. The price has possibly completed a bearish impulse, confirming it with a breakout from a descending resistance line.

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Cardano (ADA) price rebounds after support break

Cardano (ADA) price is trading over 6% higher this week as the buyers attempt to stage a rebound after breaking below the multi-month supporting line.   Fundamental analysis: Developing a secure framework is key Charles Hoskinson, the founder of Cardano, said the ultimate goal of his blockchain project is to develop a secure framework that offers consumers comprehensive economic identities.

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Stablecoin regulation can be U.S’s masterplan against China’s E-Yuan

The importance of this current week has been fairly downplayed. Years down the line, the global payments system might look back at this particular period and suggest that this is where it all started.

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