A week unlike any other in Bitcoin’s history is suddenly here as hodlers brace for guaranteed turmoil.

The post 🔴 Jailtime for Crypto | This Week in Crypto – Feb 28, 2022 appeared first on 99 Bitcoins.

 BitMEX executives face prison time, China threatens crypto users with jail and an NFT …

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Find out which Duos advanced to the FNCS Chapter 3 Season 1 Grand Finals. The Fortnite Champion Series (FNCS) Semi-Finals…

The post Fortnite FNCS Chapter 3 Season 1 Semi-Finals: Complete Recap & Results appeared first on Esports News Network | ESTNN.

Bitcoin is struggling to clear the $40,000 resistance zone against the US Dollar. BTC must settle above $40,000 to start a steady upward move. Bitcoin struggled to clear the $40,000 resistance zone and corrected lower. The price is trading below $39,000 and the 100 hourly simple moving average. There was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a close above the $40,000 resistance zone. Bitcoin Price Faces Key Resistance Bitcoin price remained in a positive zone above the $38,00 pivot level. BTC even broke the $39,500 resistance level. The bulls made a couple of attempts to clear the $40,000 resistance zone, but they failed. The recent swing high was formed near $39,888 before there was a downside correction. There was a move below the $39,000 and $38,800 support levels. Besides, there was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair. The pair is now trading below $39,000 and the 100 hourly simple moving average. A low is formed near $37,028 and the price is consolidating losses. On the upside, an immediate resistance is near the $38,200 level and the 100 hourly SMA. The next key resistance is near the $38,500 level. It is near the 50% Fib retracement level of the downward move from the $39,888 swing high to $37,028 low. Source: BTCUSD on TradingView.com The main resistance is now near the $38,800 level. It is close to the 61.8% Fib retracement level of the downward move from the $39,888 swing high to $37,028 low. A clear move above the $38,800 resistance could send the price further higher. In the stated case, it could even attempt a clear move above $40,000. Dips Limited in BTC? If bitcoin fails to clear the $38,800 resistance zone, it could start a downside correction. An immediate support on the downside is near the $37,200 zone. The next major support is seen near the $36,400 level. If there is a downside break below the $36,400 support, the price might gain bearish momentum towards $35,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $37,200, followed by $36,400. Major Resistance Levels – $38,200, $38,800 and $40,000.

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per […]

Lahftel's final little blog thing on Elden Ring's launch weekend. Because we're getting slowly into big spoiler territory. Sadly, Bandai…

The post Elden Ring Misadventures Day 3 appeared first on Esports News Network | ESTNN.

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading […]

The post Ethereum Feared to Revisit $2500 Levels, How Will ETH Record A Bearish Monthly Close? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Ethereum price till now is among the best investment options within the entire crypto space. As it was always speculated to undergo a calculated rally to avoid huge price variations to a large extent. Currently, the ETH price is steadily heading towards the immediate highs. Yet compressing the resistance and the support levels, it is …

Since striking its ATH on 2 September, Cardano (ADA) initiated its downtrend and practically swayed below its 20-50 EMA. The decline proved to be rather menacing for the bulls as they failed to defend the $1-mark. A close above the $0.9-mark would position ADA for a possible retest of its Point of Control (POC). Post […]

Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. […]

Bitcoin Price Prediction – February 27 The Bitcoin price prediction shows that BTC is falling below the moving averages as it trades around the $38,248 [...]

AVAX is in recovery as the crypto market bounces back.  Avalanche has a major…

The post Upcoming summit could push AVAX through $100 soon appeared first on Coin Journal.