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\"\" — Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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December 23, 2024

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\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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December 23, 2024

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\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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December 23, 2024

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By subscribing, you agree with our privacy and terms.

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\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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December 23, 2024

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\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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December 23, 2024

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By subscribing, you agree with our privacy and terms.

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\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

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\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

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Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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Follow The Distributed

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\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$ Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$ Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$ Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$ Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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Follow The Distributed

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\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

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December 23, 2024

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\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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Follow The Distributed

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\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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December 23, 2024

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\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

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December 23, 2024

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Follow The Distributed

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\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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December 23, 2024

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\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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December 23, 2024

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\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

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December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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December 23, 2024

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\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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December 19, 2024

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December 23, 2024

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\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n
Once a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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December 19, 2024

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December 23, 2024

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\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\n
Once a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\n
Once a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\n
Once a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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December 23, 2024

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\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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December 19, 2024

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December 23, 2024

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\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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By subscribing, you agree with our privacy and terms.

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Follow The Distributed

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\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

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December 23, 2024

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\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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December 19, 2024

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December 23, 2024

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\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

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December 19, 2024

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December 23, 2024

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\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 23, 2024

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\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Follow The Distributed

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\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

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December 19, 2024

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December 23, 2024

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\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 56 57 58 59 60 … 85 Next

Most Read

Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

November 24, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Follow The Distributed

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\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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Banking

Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
Currently, the price is holding above the 9 EMA and roaming inside the large bullish candle plotted on November 30th. A break above the current consolidation range may trigger a bullish trend reversal.
<\/li>\n\n\n\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
ETH has increased by 3.68 percent during the past week and currently testing the dynamic resistance at the 50 EMA after declining by 22.34 percent over the previous month.
<\/li>\n\n\n\n
Currently, the price is holding above the 9 EMA and roaming inside the large bullish candle plotted on November 30th. A break above the current consolidation range may trigger a bullish trend reversal.
<\/li>\n\n\n\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
According to Ann's analysis, Ethereum's price has been fluctuating within a descending triangle, but this pattern may be disrupted in the upcoming sessions. ETH may experience a rapid slide below the triangle if it fails to survive above $1,300.
<\/li>\n\n\n\n
ETH has increased by 3.68 percent during the past week and currently testing the dynamic resistance at the 50 EMA after declining by 22.34 percent over the previous month.
<\/li>\n\n\n\n
Currently, the price is holding above the 9 EMA and roaming inside the large bullish candle plotted on November 30th. A break above the current consolidation range may trigger a bullish trend reversal.
<\/li>\n\n\n\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

December 5, 2022 - Updated on April 10, 2023

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\n
\n
According to Ann's analysis, Ethereum's price has been fluctuating within a descending triangle, but this pattern may be disrupted in the upcoming sessions. ETH may experience a rapid slide below the triangle if it fails to survive above $1,300.
<\/li>\n\n\n\n
ETH has increased by 3.68 percent during the past week and currently testing the dynamic resistance at the 50 EMA after declining by 22.34 percent over the previous month.
<\/li>\n\n\n\n
Currently, the price is holding above the 9 EMA and roaming inside the large bullish candle plotted on November 30th. A break above the current consolidation range may trigger a bullish trend reversal.
<\/li>\n\n\n\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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\n
Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n
\n
According to Ann's analysis, Ethereum's price has been fluctuating within a descending triangle, but this pattern may be disrupted in the upcoming sessions. ETH may experience a rapid slide below the triangle if it fails to survive above $1,300.
<\/li>\n\n\n\n
ETH has increased by 3.68 percent during the past week and currently testing the dynamic resistance at the 50 EMA after declining by 22.34 percent over the previous month.
<\/li>\n\n\n\n
Currently, the price is holding above the 9 EMA and roaming inside the large bullish candle plotted on November 30th. A break above the current consolidation range may trigger a bullish trend reversal.
<\/li>\n\n\n\n
The Relative Strength Index (RSI) value keeps rising above 50, indicating ETH is still holding bullish momentum. However, the 100 EMA is still moving below the 200 EMA, signaling a bearish crossover.<\/li>\n<\/ul>\n\n\n\n
\n
In case of a bearish reversal, immediate support at $1,260 may play a crucial role. Contrarily, a potential bullish breakout at $1,300 may push the price toward the upcoming resistance near $1,420.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n
$\"\"$
Ann Mugoiri illustrates critical support\/resistance zones for ETH and explains the current momentum of the digital asset. Source: CryptoPolitan\/Ethereum-Price-Analysis<\/figcaption><\/figure>\n","post_title":"ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum - Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-must-break-the-critical-resistance-at-1300-to-revive-the-bullish-momentum-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:15","post_modified_gmt":"2023-04-10 08:12:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8665","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
$\"Hedera$
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8630,"post_author":"13","post_date":"2022-12-03 23:04:50","post_date_gmt":"2022-12-03 12:04:50","post_content":"\n
Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to a report<\/a> by Bloomberg. Part of the proposed legislation, subject to the Italian parliament's approval, includes a stamp duty on the asset class.<\/p>\n\n\n\n
The proposal includes an option to pay 14% for the eligible individuals who declare their holdings before January 1, 2023 - a step aimed to encourage more disclosures among the Italian investors. <\/p>\n\n\n\n
Italy will impose a fixed tax rate of 26% on profits from digital assets to investors \u2013 whose cumulative crypto holdings were more than 51,645.60 euros ($54,000) for over seven consecutive days during the tax year - if the proposal gets the parliamentary approval.   <\/p>\n\n\n\n
Italy Joins Portugal In Taxing Digital Assets<\/h2>\n\n\n\n
The Italian government led by Prime Minister Giorgia Meloni is hopeful that the new proposal would help to net the fast-growing digital asset adoption. According to data<\/a> provided by Triple A, about 2.3% of the Italian population, or 1.3 million people, own cryptocurrencies. Similar steps have been taken by Portugal \u2013 another European country that recently changed its tax-friendly crypto policies to include a 28% tax deduction.<\/p>\n\n\n\n
At the same time, Italy is keen to attract more players in the cryptocurrency space. Cryptocurrency exchange Gemini was recently registered<\/a> as a Virtual Currency Operator and custodial wallet provider by the Italian Organismo Agenti E Mediatori. Binance, Coinbase, and Crypto.com are other exchanges licensed to offer crypto services in the island nation.<\/p>\n\n\n\n
The licenses were issued considering anti-money laundering laws and the curbing of fraudulent transactions. Notably, the European Union (EU) plans to roll out MiCA legislation in 2024.<\/p>\n","post_title":"Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"italy-to-introduce-26-capital-gains-levy-on-cryptocurrencies-in-2023","to_ping":"","pinged":"","post_modified":"2022-12-04 00:36:57","post_modified_gmt":"2022-12-03 13:36:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8630","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8640,"post_author":"8","post_date":"2022-12-03 19:48:50","post_date_gmt":"2022-12-03 08:48:50","post_content":"\n
XRP Quick Facts<\/h3>\n\n\n\n
\n
The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend.<\/li>\n\n\n\n
The price retraced near 0.4185 but failed to break the resistance to revive the recent bullish momentum.<\/li>\n\n\n\n
RSI is below 50 and moved below the 14 SMA, suggesting a further bearish movement.<\/li>\n\n\n\n
XRP may rejoin the downside rally and hit the long-term support near 0.3200 within December 2022.<\/li>\n\n\n\n
If Ripple jumps above the current resistance and returns to a bullish trend, the price will still have to deal with the critical resistance at 0.5100.<\/li>\n<\/ul>\n\n\n\n
$\"\"$
XRP is on the verge of returning to long-term support near 0.3200. Source: TheDistributed\/Cryptocurrencies<\/figcaption><\/figure>\n\n\n\n
Ripple (XRP) Technical Analysis<\/h2>\n\n\n\n
Ripple (XRP)<\/strong> entered a deep consolidation mode since the price was rejected at 0.4185 on November 25th. The technical analysis on Ripples daily chart prints a potential double-top pattern right below the current resistance, indicating a further bearish movement.<\/p>\n\n\n\n
A bearish crossover between 21 and 50 EMA (Exponential Moving Average) also suggests a downtrend condition. The price was rejected from the 50 EMA and currently holds below the 21 EMA.<\/p>\n\n\n\n
Despite the recent bullish momentum, RSI (Relative Strength Index) value failed to hold above 50 and dropped below the 14 SMA (Simple Moving Average), indicating ongoing bearish momentum.<\/p>\n\n\n\n
The price is now testing trendline support on the daily chart. A break below this trendline may validate the potential double-top pattern and accelerate the bearish rally.<\/p>\n\n\n\n
According to our analysis, the potential downside target for XRP remains near the long-term support at 0.3200. Contrarily, the price must exceed the 50 EMA and the current resistance at 0.4185 to sustain a bullish reversal.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n","post_title":"XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends - Ripple Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-fails-to-exceed-0-4185-and-on-the-verge-of-retesting-0-3200-before-the-year-ends-ripple-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:49","post_modified_gmt":"2023-04-10 08:12:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8640","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8603,"post_author":"13","post_date":"2022-12-01 20:20:17","post_date_gmt":"2022-12-01 09:20:17","post_content":"\n
The Commonwealth of Dominica is launching<\/a> the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, Tron Network, and DMC Labs. The partners will also unveil Dominica DIDs (Decentralized identifiers) for KYC use on the trading platform and the metaverse KYC processes.<\/p>\n\n\n\n
''In our latest efforts to advance the global development of Web 3.0 and metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world\u2019s first national token, DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica<\/em>,'' Huobi announced in a press release. ''Our vision for DMC and Dominica DID is for them to serve as an important certificate for users to access the future metaverse world,''<\/em> it added.<\/p>\n\n\n\n
According to the announcement, DMC and Dominica DID will initially be issued on Tron Network and later deployed on Ethereum, BNB Chain, and other blockchains through the BitTorrent Chain protocol. The national cryptocurrency will reportedly debut on Huobi Prime \u2013 the exchange\u2019s platform for offering pre-listed digital assets.<\/p>\n\n\n\n
DMC To Power Metaverse Dominica Digital<\/h2>\n\n\n\nOnce a user has passed through the verification process on Huobi, they will obtain Dominica DIDs, which can be transferred to the Tron Network for Soul-Bound Tokens<\/a> (SBTs). SBT gives the holder special privileges, including - citizenship in the Metaverse Dominica digital \u2013 a virtual platform with a 1:1 representation of the real world.<\/p>\n\n\n\n
Other benefits include a passport backed by the government of the Commonwealth of Dominica \u2013 offering access to more than 130 countries. DMC holders also qualify for ''airdrops<\/a> in TRX, BTT, SUN, JST, and DMC,''<\/em> the press release noted.<\/p>\n\n\n\n
Tron blockchain \u2013 which has agreed to deploy a national fan token that promotes the culture and tourism in Dominica \u2013 is the designated national blockchain infrastructure for the Caribbean Island nation.<\/p>\n","post_title":"Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dominica-welcomes-first-national-crypto-dmc-in-partnership-with-huobi-tron","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/soulbound-tokens\/","post_modified":"2022-12-01 20:39:10","post_modified_gmt":"2022-12-01 09:39:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8603","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
\"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
$\"Cosmos\/US$ <\/figure>\n\n\n\n
The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8599,"post_author":"8","post_date":"2022-12-01 19:44:18","post_date_gmt":"2022-12-01 08:44:18","post_content":"\n
BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report<\/a>, he revealed the key reasons behind the recent 35% price hike of LINK and its potential future ahead.<\/p>\n\n\n\n
\n
According to Tahiri, since May's opening, the Chainlink price has been trading just above the $5.95 support zone. It repeatedly fell below it, but instead of coming to a close, it bounced and made a long lower wick.<\/li>\n<\/ul>\n\n\n\n
\n
The LINK price dropped to its lowest point of the year on November 20, closing at $5.76 that day. Although this appeared to result in a collapse from the $5.95 support region, the subsequent positive price action led to a recovery. Therefore, the purported breakdown was just a divergence.<\/li>\n<\/ul>\n\n\n\n
\n
Solid movements frequently follow such deviations in the other direction. This hypothesis is supported by price movement, as Chainlink rose above $7.51 before falling for a slight correction.<\/li>\n<\/ul>\n\n\n\n
\n
Additionally, the daily RSI rose above 50. The line has been acting as support since May, so it must continue to do so for the Chainlink price projection to be bullish. A daily closure above the $9.40 resistance zone would validate the predicted bullish sentiment.<\/li>\n<\/ul>\n\n\n\n
\n
The six-hour technical analysis indicates a short-term resistance lying near $7.50. The 0.5 Fibonacci retracement level alongside a horizontal resistance around the region had created the major resistance. A rise toward $9.40 is anticipated if a close is achieved above $7.50.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
$\"Support$ <\/figure>\n\n\n\n
Valdrin Tahiri showed potential support levels and upcoming targets for Chainlink (LINK). Source: BeingCrypto\/CryptoMarkets<\/p>\n","post_title":"Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week - Chainlink Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-may-retest-the-long-term-resistance-at-9-40-following-the-35-price-surge-in-last-week-chainlink-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:17","post_modified_gmt":"2023-04-10 08:13:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8599","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8594,"post_author":"10","post_date":"2022-11-30 21:12:24","post_date_gmt":"2022-11-30 10:12:24","post_content":"\n
Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at the company has become meaningless.<\/p>\n\n\n\n
\n
The vice president for the global marketing and communications of AAX exchange revealed his resignation from the cryptocurrency exchange weeks after the company ceased processing withdrawals for users.<\/li>\n<\/ul>\n\n\n\n
\n
Ben Caselin noted<\/a> the reasons for quitting the company and his position at the cryptocurrency exchange. Caselin claims that despite his attempts to advocate for the community, the ideas they came up with were rejected and his role in communication had become \"hollow.\"<\/li>\n<\/ul>\n\n\n\n
\n
The former AAX executive voiced his disapproval of how AAX is handling the situation. According to Caselin, the exchange's actions were \"without empathy\"<\/em> and \"overly opaque.\"<\/em><\/li>\n<\/ul>\n\n\n\n
\n
AAX began halting withdrawals on November 14 to resolve a system upgrade issue. However, the exchange reassured<\/a> its members that the withdrawals were stopped for no reason related to the unfolding FTX collapse and claimed to have no financial ties to the FTX exchange.<\/div><\/li>\n<\/ul>\n\n\n\n
\n
After the news broke out, the team clarified<\/a> that it needs extra funding since its investors have chosen to withdraw their money due to the FTX crash. The exchange revealed that this puts them in danger of a capital shortfall, which they must address before starting their regular activities again.<\/div><\/li>\n<\/ul>\n\n\n\n
See Related: <\/em><\/strong>Cryptocurrency Exchange AAX Denies Having Exposure To FTX After It Halts Withdrawals<\/a><\/p>\n","post_title":"AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aax-executive-leaves-the-cryptocurrency-exchange-amid-continuous-operational-standstill","to_ping":"","pinged":"","post_modified":"2022-12-01 20:29:31","post_modified_gmt":"2022-12-01 09:29:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8594","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8591,"post_author":"8","post_date":"2022-11-29 17:28:34","post_date_gmt":"2022-11-29 06:28:34","post_content":"\n
Ana Nicenko<\/a>, a senior crypto journalist and technical expert at Finbold<\/a>, revealed several indicators, including CCO, DCA, and Moving Averages showing buy signals for BTC and indicating the price has already hit the market bottom.<\/p>\n\n\n\n
\n
Some chart patterns are keeping the optimism alive that things may soon turn around even though Bitcoin (BTC) is still having trouble breaking above any significant levels, and the majority of the other assets on the crypto markets are experiencing a similar problem.<\/li>\n<\/ul>\n\n\n\n
\n
On November 28, Bitcoin was trading at $16,244, dropping 1.71% from the previous day but still up 1.41% from the preceding seven days. Meanwhile, the overbought\/oversold indicator \u2013 the cycle channel oscillator (CCO), BTC has already reached the bear market bottom, indicating a long-term bullish reversal.
<\/li>\n\n\n\n
Ana mentioned DCA (dollar cost average), a method known in both the crypto and stock market communities of regularly investing a small predetermined amount of money, also signals higher returns over Bitcoin long positions.<\/li>\n<\/ul>\n\n\n\n
\n
Bitcoin has not yet crossed the critical resistance level at about $16,600, which Michal van de Poppe, a well-known expert in cryptocurrency trading, stated it must do in order to create a \"candle toward $17.5-18K,\" according to Finbold.<\/li>\n<\/ul>\n\n\n\n
\n
According to the analyst's graphic, the present Bitcoin bottom may finally trigger a bullish surge that would take the price of the main decentralized financial asset to $17,500 and even higher by the end of 2023.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> FTX Sold Over 80,000 Paper Bitcoins, Suppressing Bitcoin Dominance<\/a><\/p>\n\n\n\n
$\"\"$
Ana Nicenko suggested the BTC is already in the potential trend reversal zone and ready to rebound for a long-term bullish move. Source: FinBold\/CryptoNews<\/figcaption><\/figure>\n","post_title":"Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already - Bitcoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"technical-indicators-flashing-buy-signals-for-bitcoin-suggesting-the-market-has-hit-the-bottom-already-bitcoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:26","post_modified_gmt":"2023-04-10 08:13:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8591","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8587,"post_author":"12","post_date":"2022-11-27 16:54:07","post_date_gmt":"2022-11-27 05:54:07","post_content":"\n
Holders of $APE in North America and various regions around the world have been shocked to realize that their ability to stake their tokens has been halted, as a geoblock has been put in place.<\/p>\n\n\n\n
\n
The official site \"ApeStake.io<\/em>\" was meant to launch within the coming weeks on December 5th, with staking rewards coming in days later on December 12th. Although, these rewards will be limited for certain holders around the world.<\/li>\n<\/ul>\n\n\n\n
\n
In an official announcement<\/a> from Horizen Labs, the firm taking charge of staking for ApeCoin, they let users know that \u201cWe are aware that geoblocking some users in North America is inconvenient for many members of the ApeCoin community. Unfortunately, in today\u2019s regulatory environment, we had no good alternative<\/em>.\" Along with North America, countries also geoblocked include North Korea, Syria, Iran, Cuba, Russia, Crimea, Donetsk, and Luhansk.<\/li>\n<\/ul>\n\n\n\n
\n
Although, the smart contracts<\/a> linked to the staking program are not restricted, as such, the community has already programmed<\/a> an alternative self-hosted staking client. This includes both DeFi<\/a> and dApps<\/a> alongside a number of high-profile, centralized exchanges working towards widening the access to the staking contract. <\/li>\n<\/ul>\n\n\n\n
\n
Yuga Labs, the company behind Bored Ape Yacht Club and ApeCoin, has been under investigation by the Securities and Exchange Commission. Yuga Labs state that they are complying with the SEC which could be the cause of the geoblock for the official site. Although they cannot control what the community does with the open-source contract, which is there to allow users to verify the legitimacy of the contract.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> BAYC\u2019s Yuga Labs Acquires Rights To CryptoPunks And Meebits<\/a><\/p>\n\n\n\n
$\"\"$
Horizen Labs apestake.io Update. Source: HorizenLabs\/Twitter<\/a><\/figcaption><\/figure>\n","post_title":"North American Users Geoblocked From ApeCoin Staking Site","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-american-users-geoblocked-from-apecoin-staking-site","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/smart-contracts\/","post_modified":"2023-04-10 18:13:43","post_modified_gmt":"2023-04-10 08:13:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8587","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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Crypto Markets

ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

Ann Mugoiri, a crypto and blockchain technical analysis specialist at CryptoPolitan, has identified the $1,300 level as a deciding zone ...

by Md Ishtiaque Ahmed
December 5, 2022

Altcoins

Hedera Hashgraph Price Prediction After Modest Recovery – HBAR Technical Analysis

The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, ...

by Stanko Illiev
December 5, 2022

Adoption

Italy to Introduce 26% Capital Gains Levy On Cryptocurrencies In 2023

Italy has proposed a 26% capital gains tax on digital assets for profits above 2,000 euros (USD 2,062.3), according to ...

by Jared Kirui
December 3, 2022

Altcoins

XRP Fails To Exceed 0.4185 And On The Verge OF Retesting 0.3200 Before The Year Ends – Ripple Technical Analysis

XRP Quick Facts The 21 EMA remains below the 50 EMA, indicating the price is under a solid downtrend. The ...

by Md Ishtiaque Ahmed
December 3, 2022

Adoption

Dominica Welcomes First National Crypto DMC In Partnership With Huobi, Tron

The Commonwealth of Dominica is launching the first national token, DMC (Dominica Coin), in partnership with cryptocurrency exchange Huobi Global, ...

by Jared Kirui
December 1, 2022

Altcoins

Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes – Cosmos Technical Analysis

The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank ...

by Stanko Illiev
December 1, 2022

Altcoins

Chainlink (LINK) Price May Retest The Long-Term Resistance At $9.40 Following The 35% Price Surge In Last Week – Chainlink Technical Analysis

BeInCrypto's Senior Analyst, Valdrin Tahiri, has recently posted a technical analysis on Chainlink. In his report, he revealed the key ...

by Md Ishtiaque Ahmed
December 1, 2022

Business

AAX Executive Leaves the Cryptocurrency Exchange Amid Continuous Operational Standstill

Ben Caselin, a former executive at AAX, said that the brand's reputation has been damaged and that his work at ...

by Joshua Olatunji
November 30, 2022

Bitcoin

Technical Indicators Flashing Buy Signals For Bitcoin, Suggesting The Market Has Hit The Bottom Already – Bitcoin Technical Analysis

Ana Nicenko, a senior crypto journalist and technical expert at Finbold, revealed several indicators, including CCO, DCA, and Moving Averages ...

by Md Ishtiaque Ahmed
November 29, 2022

Altcoins

North American Users Geoblocked From ApeCoin Staking Site

Holders of $APE in North America and various regions around the world have been shocked to realize that their ability ...

by Daniel Stergiou
November 27, 2022

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ETH Must Break The Critical Resistance At $1,300 To Revive The Bullish Momentum – Ethereum Technical Analysis

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