This Bitcoin Continuation Pattern Points To 3-6 Months Of Uptrend Ahead

Bitcoin price is pulling back after a strong finish in the crypto market last week. However, this past Sunday nights weekend close was also the close of the 4-week BTCUSD chart, which has potentially confirmed a high timeframe continuation pattern.  If the continuation pattern is indeed valid, it could point to 3-6 months of an extended uptrend, making 2023 an extremely bullish year in the end. Here is everything you need to know about the bullish continuation pattern and what it could mean for the crypto market.  Bullish Candlestick Continuation Pattern To Light Up Second Half Of 2023  2023 has been an interesting year in the cryptocurrency market. Bitcoin has been mostly bullish, but nothing compared to what weve witnessed in the past — as recently as 2020. Meanwhile, altcoins have been long suffering an onslaught from the US SEC. This has kept Bitcoin further at bay against the US Dollar, while eating up altcoin capital on the BTC pair.  Despite an important week for the industry and BTCUSD setting a new high for the year, Bitcoin lost some momentum and is now trading below $30,000 per coin. However, before the correction happened, the 4-week BTCUSD candle also closed on Sunday night.  The 4-week timeframe

2023-07-18Bitcoin

Elon Musk Confirms Twitters Negative Cash Flow amidst 50% Plunge in Ad Revenue

Tech  Kinumpirma ni Elon Musk ang Negative Cash Flow ng Twitter sa gitna ng 50% Plunge sa Ad Revenue  26 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Insufficient earnings on Twitter suggest that the platforms advertising revenue may not have rebounded as quickly as previously anticipated.  Elon Musk, the CEO of Tesla and SpaceX, who also holds the position of CTO at Twitter, recently revealed the social media platform‘s ongoing negative cash flow and the weight of its debt burden. Musk cited a 50% drop in advertising revenue and a significant debt burden as the reasons behind Twitter’s ongoing cash flow challenges.  Responding to a tweet about potential recapitalization options, the billionaire entrepreneur emphasized the need for Twitter to achieve positive cash flow before pursuing other endeavors. He further revealed that the popular social media platform he acquired for $44 billion did not witness the expected increase in advertising revenue in June but expressed some optimism for July.  Were still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.  Musk also said that July showed more promise in advertising revenue while acknowledging that Twitter Spaces and the audio

2023-07-18Industriya

Inanunsyo ng Orbs ang dLIMIT at dTWAP protocol sa Chronos DEX platform

Pananalapi  Inanunsyo ng Orbs ang dLIMIT at dTWAP protocol sa Chronos DEX platform  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang pambihirang tagumpay na dLIMIT at dTWAP protocol na binuo ng Orbs, isang network ng imprastraktura ng Layer-3 para sa mga desentralisadong app (dApps) na nagpapahusay sa mga kakayahan ng mga smart contract ng EVM, DeFi, GameFi, NFT, at Web3, ay ipapatupad na ngayon sa Chronos, isa sa mga pangunahing decentralized exchange (DEXs) na mga platform sa Arbitrum.  Bilang resulta ng pagsasama, ang mga mangangalakal ng Chronos DEX ay mayroon na ngayong access sa mas kumplikadong mga uri ng order, na nagbibigay-daan sa kanila na garantiya ang presyo ng kanilang mga kalakalan habang hinahati din ang mas malalaking order sa mas maraming bilang ng mas maliit, mas mapapamahalaan na mga transaksyon, ayon sa pinakabagong impormasyong ibinahagi sa Finbold noong Hulyo 17.  Kapansin-pansin, ang Chronos ay ang pinakabagong makabuluhang DEX upang isama ang mga protocol ng dLMIT at dTWAP ng Orbs. Kasama sa iba pang kilalang DEX na nagawa na ito ang QuickSwap, SpookySwap, at Thena.  Ang lugar ni Orbs bilang nangunguna sa industriya sa DeFi innovation ay higit na pinagtibay sa bawat bagong pagsasama ng dLIMIT at dTWAP. Ipinapakita nito ang kapasidad ng teknolohiya ng

2023-07-18Industriya

Bitcoin Overthrown: XRP Takes Command, Claims 20% of Crypto Market

Bitcoin crypto  Bitcoin Overthrown: XRP Takes Command, Claims 20% of Crypto Market  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang XRP ay naging mga headline kamakailan dahil nalampasan nito ang Bitcoin (BTC) upang maging pinakamataas na dami ng asset sa crypto market.   Ang groundbreaking development na ito ay kredito sa kamakailang desisyon ng korte na nagdeklara ng XRP bilang isang non-security, na nagpadala ng shockwaves sa industriya. Ayon sa isang ulat ng smart data portal na Kaiko, ang XRP ay naging responsable para sa isang nakakagulat na 21% ng lahat ng dami ng kalakalan ng crypto mula noong nagdesisyon.  Ang tagumpay ng XRP laban sa Bitcoin ay kahanga-hanga, ngunit ang katotohanang nagawa nitong makuha ang ikalimang bahagi ng multi-bilyong dolyar na merkado sa loob ng ilang araw. Ang hindi pa naganap na paglago sa dami ng kalakalan ay maliwanag dahil halos dalawang bilyong XRP token ang na-trade sa Binance spot market sa loob ng tatlong oras pagkatapos ng anunsyo.  Isang araw lamang bago ang napakalaking tagumpay na ito, batay sa parehong data ng Kaiko, na ang XRP ay umakyat upang maging pangatlo sa pinakamalaking digital asset ayon sa dami ng kalakalan. Ang pataas na trend na ito ay pinalakas ng pag-asa ng mga mamumuhunan

2023-07-18Industriya

Ang pag-reclaim ng 50-DMA sa 17.40 ay mahalaga para sa pagpapatibay ng bounce – SocGen

Pananalapi  Ang pag-reclaim ng 50-DMA sa 17.40 ay mahalaga para sa pagpapatibay ng bounce – SocGen  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang USD/MXN ay umuusad sa isang makitid na hanay sa paligid ng 16.75 na rehiyon. Sinusuri ng mga ekonomista sa Société Générale ang teknikal na pananaw ng pares.  Overstretch ang downtrend  Ang USD/MXN ay nakaranas ng walang humpay na downtrend pagkatapos masira sa ibaba ng patagilid na pagsasama-sama noong 2021/2022. Bagamat medyo nakaunat ang hakbang, hindi pa nakikita ang mga senyales ng makabuluhang rebound.  Ang mga susunod na potensyal na layunin ay nasa 16.60/16.40 at mga projection na 15.90. Ang pagkamit ng mga antas na ito ay maaaring magresulta sa isang yugto ng rebound gayunpaman ang pag-reclaim ng 50-Day Moving Average malapit sa 17.40 ay mahalaga para sa pagpapatibay ng isang makabuluhang up-move.

2023-07-18Industriya

Litecoin is Predicted to Reach $101.51 By Jul 22, 2023

Pananalapi  Ang Litecoin ay Hinulaang Aabot sa $101.51 Sa Hul 22, 2023  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang Litecoin ay bumaba -3.61% ngayon laban sa US Dollar  Bumaba ang LTC/BTC ng -2.88% ngayon  Bumaba ang LTC/ETH ng -2.50% ngayon  Litecoin is currently trading 9.74% below our prediction on Jul 22, 2023  Ang Litecoin ay nakakuha ng 19.12% noong nakaraang buwan at tumaas ng 65.56% mula noong 1 taonLitecoin na presyo$91.62Hula ng Litecoin$101.51DamdaminFear & Greed indexMga pangunahing antas ng suporta$92.02, $91.04, $89.39Mga pangunahing antas ng paglaban$94.65, $96.29, $97.27  Ang presyo ng LTC ay inaasahang tataas ng 10.80% sa susunod na 5 araw ayon sa aming hula sa presyo ng Litecoin  ay nakikipagkalakalan sa $ 91.62 pagkatapos mawala ang -3.61% sa huling 24 na oras. Hindi maganda ang performance ng coin sa cryptocurrency market, dahil ang kabuuang crypto market cap ay bumaba ng -3.24% sa parehong yugto ng panahon. Mahina ang performance ng LTC laban sa BTC ngayon at nagtala ng -2.88% na pagkawala laban sa pinakamalaking cryptocurrency sa mundo.  According to our Litecoin price prediction, LTC is expected to reach a price of $ 101.51 by Jul 22, 2023. This would represent a 10.80% price increase for LTC in the next 5 days.  Tsart ng Hula ng Presyo ng

2023-07-18Industriya

Raoul Pal On Why A Massive Bitcoin, Crypto Rally Is Imminent ⋆ ZyCrypto

Bitcoin crypto  Raoul Pal Sa Bakit Isang Napakalaking Bitcoin, Crypto Rally ang Nalalapit ⋆ ZyCrypto  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Former hedge fund manager Raoul Pal has made a bold statement about Bitcoin and the entire cryptocurrency market. Pal, who is known to be vocal about his sentiments on the market, is positive that Bitcoin, along with the rest of the crypto market, will experience a mega bull run in the near term.  Pal made this known in a recent pakikipanayam on the Real Vision Crypto media, as he asserted that the market is imitating bullish patterns from the 2015 – 2016 cycle. Pal claims that the current market is mirroring a structure similar to that time.  As he further explains, in 2019, the market started off on a bullish note and saw a 300% pump over a period of time. The market later experienced a massive decline, and eventually rallied by more than 700% within a short period.  The market should expect to see more chaos within the banking sector, which will cause the Federal Reserve to intervene, Pal asserted.  As hes quoted saying;  Presently the KRE ETF (Regional Banking ETF) is valued at $43.13, and Pal is asserting that the KRE ETF can

2023-07-18Industriya

FSB finalises recommendations for global crypto framework

crypto  Tinatapos ng FSB ang mga rekomendasyon para sa pandaigdigang balangkas ng crypto  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers.  Segregation of funds to protect clients and measures to ensure no conflict of interest are also highlighted.  The watchdog also recommends global rules for stablecoins be adopted.  The Financial Stability Board (FSB) said in its latest crypto asset report that the sector needs to see more disclosures on the part of providers and broader cooperation from regulators across the globe.  FSB, tasked by the G20 to come up with a comprehensive framework for crypto regulation, has published two sets of recommendations. The first set relates to the global approach to crypto regulation, including the supervision and oversight of digital asset activities and markets.  Meanwhile, the second set of recommendations focuses on global stablecoin regulation.  FSB recommendations include disclosures, segregation of funds  A pahayag the organisation published on Monday, July 17, highlighted the two documents, noting that   The framework comes after a tumultuous year for crypto going back to summer of 2022, and the FSB says it strengthened the recommendations with the events in mind. Among these are the dramatic collapse of TerraUSD and the implosion

2023-07-18Industriya

eCash is Predicted to Reach $0.000035 By Jul 22, 2023

Pananalapi  Ang eCash ay Hulaang Aabot sa $0.000035 Sa Hul 22, 2023  32 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang eCash ay tumaas ng 4.08% ngayon laban sa US Dollar  XEC/BTC increased by 4.19% today  XEC/ETH increased by 4.88% today  eCash is currently trading 10.34% below our prediction on Jul 22, 2023  Ang eCash ay nakakuha ng 55.25% noong nakaraang buwan at bumaba -23.54% mula noong 1 taon ang nakalipaspresyo ng eCash$0.000031hula ng eCash$0.000035DamdaminFear & Greed indexMga pangunahing antas ng suporta$0.000029, $0.000028, $0.000027Mga pangunahing antas ng paglaban$0.000031, $0.000033, $0.000034  XEC price is expected to rise by 11.78% in the next 5 days according to our eCash price prediction  Ang presyo ng eCash ngayon ay kinakalakal sa $ 0.000031 pagkatapos makakuha ng 4.08% sa huling 24 na oras. Nahigitan ng coin ang merkado ng cryptocurrency, dahil ang kabuuang cap ng crypto market ay tumaas ng 3.05% sa parehong yugto ng panahon. Mahusay na gumanap ang XEC laban sa BTC ngayon at nagtala ng 4.19% na pakinabang laban sa pinakamalaking cryptocurrency sa mundo.  According to our eCash price prediction, XEC is expected to reach a price of $ 0.000035 by Jul 22, 2023. This would represent a 11.78% price increase for XEC in the next 5 days.  XEC Presyo ng Prediction Chart  Bumili/Magbenta

2023-07-17Industriya

This Is How Much Bitcoin (BTC) Has Been Lost Forever: ITB Data

Bitcoin  Ganito Karaming Bitcoin (BTC) ang Nawala Magpakailanman: Data ng ITB  30 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  On-chain data examined by blockchain analytics firm IntoTheBlock has revealed that roughly 29% of all bitcoins (BTC) in circulation have remained unmoved for more than five years.  In a Monday tweet, analysts at the firm sinabi a large part of the unmoved assets might be lost coins.  Ever wondered how many Bitcoins are lost forever? Our data shows that 29% of $ BTC hasn‘t moved in over 5 years. It’s possible that a large part of this concerns lost coins. #Bitcoin  29% of BTC Lost?  IntoTheBlock‘s latest analysis echoes a recent report from crypto exchange Bitfinex, which disclosed that the amount of unmoved BTC has reached a new all-time high, leading to a decrease in the asset’s liquidity.  Bitfinex also reported that approximately 70% of BTCs circulating supply has remained dormant for at least a year; this is the highest ever recorded since the inception of the leading crypto asset.  While there is no specific reason for the current and prolonged dormancy of a significant portion of BTC, several factors are considered to have led to the development.  As IntoTheBlock‘s analysts speculated, most of the coins could be lost forever. On

2023-07-17Industriya
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