Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited and slapped a fine of HK$348.

The MANA coin price aims to overcome sellers at $2.5 to regain bullish momentum and bring a bullish breakout of a long-coming resistance trendline. Decentraland is designed to serve business owners, content creators, and people searching for a fresh artistic medium or business opportunities. It is also among the increasing number of initiatives that employ a DAO structure to govern decision-making. Therefore, MANA token holders are in charge of how the Decentraland world operates. By making and voting on updates to the policy and the particulars of the forthcoming LAND auctions and the content allowed by the metaverse. Let us move ahead to read about Decentraland technical analysis. Past Performance of MANA The MANA coin price action finally gains some bullish momentum to rise after a streak of lower price rejection candles near $2. However, the price struggles to sustain above the 200-day EMA and the sellers at $2.5 keep the bullish growth in check. Therefore, the token price must surpass the $2.5 mark to continue the uptrend. MANA/USD Daily Chart MANA Technical Analysis The MANA coin price will have sellers at the long-coming resistance trendline after it surpasses the $2.5 mark. However, increased trend momentum might result in a bullish breakout. The crucial Exponential Moving Averages struggle to sustain the uptrend as the falling 50 and 100-day EMA might soon give a bearish crossover. Moreover, the price struggles near the 200-day EMA. The Momentum Indicator shows a slope below the zero line indicating a downtrend in action. However, the slope dictates a bullish divergence as the slope rises higher to escape the negative territory. The Commodity Channel Indicator shows a bullish reversal as the slope exits the oversold zone to rise closer to the neutral territory. However, the slope remains below the zero line reflecting a significant underlying bearishness. Therefore, the technical indicators reflect a rising buying pressure in MANA, threatening to overturn the sellers-driven market. Upcoming Trend The MANA coin price continues to resonate within the falling wedge pattern as it finds support near the $2 mark. The token price must overcome the $2.5 level to reach the resistance trendline.  The released trend momentum might soon break $2.5, hence, buyers at current prices can target $2.5 and $2.85. On the opposite end, a reversal from $2.5 will result in a free fall to the $2 mark. In a shorter timeframe, at press time, TradingView gives a “BUY” signal for the MANA token. Technical Analysis for MANAUSD

The post MANA Technical Analysis: Price at 200-Day EMA Aims to Touch $3 appeared first on Cryptoknowmics-Crypto News and Media Platform.

Fewer than one-quarter of organizations believe they are fully prepared for a ransomware attack, threatening data privacy

Every cryptocurrency enthusiast needs to take note of crucial industry events, and the long-awaited launch of Astroswap is a highlight of 2022, as the project has sustained solid social excitement ...

The SEC is emphasizing that Future Farming is not registered as a corporation or partnership and is not authorized to solicit, accept or take investments from the public nor to issue investment contracts.

The post SEC Issues Advisory Against “Future Farming” appeared first on BitPinas.

While Russia's central bank is looking to ban crypto, the country's Finance Ministry has proposed a regulatory framework for the industry.

Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (UAE)-based money transfer platform, Al Fardan Exchange, has partnered with Ripple in a deal in […]

The Infrastructure Bill was passed into law last November. The White House intends to seize control of U.S. government policy

The post has appeared first on thenewscrypto.com

Filipino group Titik Poetry launches a full album on NFT on the Tezos blockchain.

The post Filipino Titik Poetry Releases Full Album as NFT on the Tezos Blockchain appeared first on BitPinas.

Warner music group is planning a music theme virtual concert in partnership with the Sandbox Metaverse.

The post The Sandbox partners with Warner Music Group to create a musical-themed Metaverse appeared first on CryptoSlate.

The collaboration will give avenue for Kookoo to teach other players gaming strategies when playing play-to-earn game Axie Infinity.

The post Kookoo Crypto TV Partners with Nas Academy to Teach Axie Infinity Gaming Strategies appeared first on BitPinas.

Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of non-fungible tokens (NFTs). The company is testing a new functionality that allows users to set NFTs as profile pics, something Twitter is already doing now. Reddit released its own batch of NFTs, called Cryptosnoos, in June 2021, […]