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Tag: short-term

‘Buy the invasion’: Grayscale maps Bitcoin bull case for Russia vs. Ukraine

While Ukraine defends against Russia, Grayscale mapped markets during five previous conflicts to see if invasions equal profits.

The post ‘Buy the invasion’: Grayscale maps Bitcoin bull case for Russia vs. Ukraine appeared first on Protos.

Klarna’s Net Operating Income Hits $1.6 Billion in 2021

Klarna, one of the most valuable financial technology firms, recently published its results for 2021. During the reported period, the company’s net operating income jumped by 38% to $1.

How to trade crypto using BTC dominance?

BTC dominance can directly affect altcoins by displaying the market’s trading volume in BTC vs. altcoins.

War puts BTC price to the test — 5 things to watch in Bitcoin this week

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

TA: Why Bitcoin Must Close Above $40K For Trend Reversal

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.

India’s RazorPay Sees 611% Growth In BNPL Business Last Year

Razorpay, one of India’s leading payment getaways, has released the 10th edition of its (COVID) Era of Rising Fintech, outlining the growth it witnessed during the past year. Among the

The post India’s RazorPay Sees 611% Growth In BNPL Business Last Year appeared first on Fintech Singapore.

The Complete Guide to Crypto Tax-Loss Harvesting

What does “tax-loss harvesting” mean?

Bitcoin Has to Flip This Level to turn Bullish! Will (BTC) Price Hit $45 This Week? 

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The post Bitcoin Has to Flip This Level to turn Bullish! Will (BTC) Price Hit $45 This Week?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The geopolitical turbulence in Ukraine and Russia has maintained a cautious mood amidst challenges that could result in current instability on Monday. The Crypto Fear & Greed Index hit a new low this week, remaining in the 26/100 “worry” zone. BTC Price Action As the price of Bitcoin went beyond $40,000, the fear of missing …

Asian banks at growing risk of IT outages, data loss

The Russian invasion of Ukraine raises the specter of cyberwar, and highlights growing risks to banks.

The post Asian banks at growing risk of IT outages, data loss appeared first on Digital Finance.

Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low

The massive move upside had MIR form a golden cross

Why decentralization isn’t the ultimate goal of Web3

Decentralization of Web3 infrastructure is critical to its success as it gives us back the freedom that we are currently paying for using Web2.

Bitcoin, Ethereum Technical Analysis: BTC Climbs to $40,000 on Saturday

bitcoin,-ethereum-technical-analysis:-btc-climbs-to-$40,000-on-saturday

Bitcoin and ethereum were both higher to start the weekend, as markets seem to have discounted recent volatility. BTC momentarily passed the $40,000 level, with ETH moving towards $2,800. Bitcoin As of writing, cryptocurrency markets are up by over 3% on Saturday, with bitcoin trading close to 1% higher to start the weekend. This comes…

The post Bitcoin, Ethereum Technical Analysis: BTC Climbs to $40,000 on Saturday appeared first on Bitcoin News Miner.

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