How to Buy Bitcoin in India? - cyptoranking.com

2024-04-28

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Fong first highlighted the absence of televised coverage and the prohibition of electronic devices within the courtroom, a turnout she had not anticipated. The reason why some people believe bitcoin can also be an inflationary hedge is that Bitcoin’s supply is capped at 21 million coins, while the number of US dollars typically increases over time. With everything else being equal, should the supply of the US dollar increase, the dollar value of bitcoin should theoretically increase too. How to Buy Bitcoin in India?This is because of activity that has been present in the network for a long period of time. More specifically, CTSI has experienced high transaction volume, a high number of active addresses, and a large number of whale transactions. The firm is also seeking to spread risks related to regulatory uncertainties.

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Circle also notes that provision of native Polygon USDC will enable low cost global payments and remittances as well as accessibility to trading, borrowing, and lending on leading DeFi protocols including Aave, Compound, Curve, Uniswap and Quickswap. Wang stated that, due to his reliance on the lawyer’s involvement, he had no reason to smell foul play. Wang told prosecutors he “didn’t think the loans were designed to hide the fact that money was coming from Alameda (and) didn’t think the lawyers would tell him to sign something that was illegal.” Explainer: What Beijing's new crackdown means for crypto in ChinaAccording to Hammond, the uncertainty surrounding the House Speaker along with the criminal trial of Sam Bankman-Fried and the war between Israel and Hamas “could push bills like stablecoins” to November or December: Clay Nation’s daily sales rose 129% to US$5,685 in the 24 hours leading up to 07:55 p.m. in Hong Kong, according to CryptoSlam data.

Wang revealed that he and the Chief Engineer, Nishad Singh, had introduced a unique code. This code enabled Alameda to maintain a negative balance right after the launch of FTX. Bitcoin has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sept. 11. However, Bitcoin (BTC) is not out of the woods yet. Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence, told Cointelegraph that if the tightening cycle extends, followed by “an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.” Daily cryptocurrency market performance. Source: Coin360Cryptocurrency traders have also remained cautious. A Bitfinex report shows that the cryptocurrency industry witnessed capital outflows of $55 billion in August. The drop in liquidity has caused isolated events to “have a bigger impact on market movements,” the report added.Will Bitcoin turn down and retest its pivotal support? Could Bitcoin’s weakness trigger further selling in altcoins? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin broke and closed above the 20-day exponential moving average (EMA) of $26,228 on Sept. 14, indicating that the downside momentum is weakening.BTC/USDT daily chart. Source: TradingViewThe 20-day EMA is flattening out and the relative strength index (RSI) is near the midpoint, signaling that the BTC/USDT pair may stay range-bound between $24,800 and $28,143 for some more time. If bears want to make a comeback, they will have to quickly pull the price back below the 20-day EMA. Such a move will suggest that higher levels are being sold into. That could result in a retest of the strong support at $24,800.Ether price analysisEther (ETH) plunged below the $1,550 support on Sept. 11, but the bears could not build upon this strength. This suggests solid buying at lower levels.ETH/USDT daily chart. Source: TradingViewThe bulls thereafter started a recovery, which has reached the 20-day EMA ($1,638). This level is likely to witness a tough battle between the bulls and the bears. A break and close above the 20-day EMA could trap several aggressive bears, resulting in a short squeeze. That could propel the price to $1,745.Instead, if the price turns down from the 20-day EMA, it will suggest that the bears remain in command. The sellers will then make another attempt to sink the ETH/USDT pair below $1,550 and resume the downtrend.BNB price analysisBNB (BNB) bounced off the psychological support near $200 on Sept. 12, indicating that the bulls are active at lower levels. BNB/USDT daily chart. Source: TradingViewThe recovery has reached the 20-day EMA ($215), which is an important level to watch out for. If the BNB/USDT pair turns lower from the current level, it will indicate that the sentiment remains negative and traders are selling on relief rallies. That will increase the risk of a breakdown below $200. Contrarily, the RSI is forming a positive divergence, indicating that selling pressure could be falling. A rise above the 20-day EMA could open the doors for a retest of the 50-day simple moving average (SMA) at $225.XRP price analysisXRP (XRP) has been trading between $0.41 and $0.56 for the past several days. The price has recovered to the 20-day EMA ($0.50), which is an important level to keep an eye on.XRP/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, it will indicate that the selling pressure is reducing. That could start a sustained recovery toward the overhead resistance at $0.56. This level may again act as a roadblock.If the price turns down from $0.56, it will indicate that the range-bound action may continue for some more time. The next trending move is likely to begin after bulls push the price above $0.56 or bears sink the XRP/USDT pair below $0.41.Cardano price analysisThe strong selling in Cardano (ADA) pulled the price to $0.24 on Sept. 11, but the bears could not break the crucial support.ADA/USDT daily chart. Source: TradingViewThe rebound off $0.24 on Sept. 12 reached the 20-day EMA ($0.26) on Sept. 15. This level is likely to witness a tussle between the buyers and sellers. If the ADA/USDT pair turns down sharply from the 20-day EMA, it will indicate that every minor rise is being sold. That could increase the risk of a drop to $0.22.Contrarily, if buyers shove the price above the 20-day EMA, it will signal the start of a stronger recovery to $0.28. Dogecoin price analysisDogecoin (DOGE) continues to trade between the 20-day EMA ($0.06) and the solid support at $0.06. This tight-range trading is unlikely to continue for long, and a breakout may happen soon. DOGE/USDT daily chart. Source: TradingViewIf buyers kick the price above the 20-day EMA, it will suggest that the sellers may be losing their grip. That could start a relief rally to the 50-day SMA ($0.07), where the bears are expected to intensify selling. Contrary to this assumption, if the price turns down sharply from the 20-day EMA, it will enhance the prospects of a break below $0.06. If this support breaks down, the DOGE/USDT pair may plummet to $0.055.Solana price analysisSolana’s SOL (SOL) has been swinging between $14 and $27.12 for the past several months. The price has reached the 20-day EMA ($19.51), where the bears are likely to pose a stiff challenge.SOL/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, the SOL/USDT pair could reach the overhead resistance at $22.30. This level may again act as a strong hurdle, but if bulls overcome it, the pair could climb to $27.12.On the contrary, if the price turns down from the 20-day EMA, it will signal that demand dries up at higher levels. The bears will then try to resume the downtrend and yank the price to the vital support at $14.Related: Japan to allow startups to raise funds by issuing crypto instead of stocks: ReportToncoin price analysisToncoin (TON) snapped back from the 20-day EMA ($1.75) on Sept. 12, indicating that the bulls are viewing the dips as a buying opportunity.TON/USDT daily chart. Source: TradingViewThe price reached the first resistance at $1.98 on Sept. 13, where the bears are trying to halt the up move. A minor advantage in favor of the bulls is that they have not ceded ground to the bears. This suggests that the bulls are in no hurry to book profits as they anticipate the up move to continue.If the $1.98 level is taken out, the TON/USDT pair could reach $2.07. This is an important level for the bears to defend because a break above it could propel the pair to $2.40. On the downside, a slide below the 20-day EMA could tilt the advantage in favor of the bears.Polkadot price analysisPolkadot's DOT (DOT) has been trading below the breakdown level of $4.22 for the past few days, which is a negative sign.DOT/USDT daily chart. Source: TradingViewThe bulls are trying to start a relief rally, but that is likely to face strong selling at $4.22. If the price turns down from the overhead resistance, it will suggest that bears remain in control. The sellers will then try to sink the DOT/USDT pair below $3.90. If they succeed, the pair could collapse to $3.44.If bulls want to prevent the decline, they will have to push and sustain the price above $4.22. If they do that, it will suggest that the markets have rejected the breakdown. The pair may then attempt a rally to the 50-day SMA ($4.61).Polygon price analysisPolygon’s MATIC (MATIC) slipped below the critical support at $0.51 on Sept. 11, but the bears could not maintain the selling pressure. That started a rebound, which is nearing the 20-day EMA ($0.54).MATIC/USDT daily chart. Source: TradingViewThe bears will attempt to stall the recovery at the 20-day EMA and tug the price below $0.50. If they manage to do that, it will signal the resumption of the downtrend. The MATIC/USDT pair could then slump to $0.45.Although the downsloping moving averages indicate advantage to bears, the positive divergence on the RSI suggests that the bearish momentum may be slowing down. If buyers clear the obstacle at the 20-day EMA, the pair may climb to $0.60.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. What Is A Decentralized Exchange or DEXDisclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.In a gloomy macro context for the crypto ecosystem, promotions are there to support the low morale of investors. Earning USDT through staking is what the exchange AscendEX is offering in an exclusive event that started on September 19! Before going into the details of this campaign, let's start by mentioning the latest major developments around AscendEX.AscendEX, a mainstream exchange with growing popularityCrypto exchange AscendEX, formerly known as Bitmax, is a leading player in the crypto trading industry, and this is thanks to the finance experts with years of experience on Wall Street who participated in its creation. The platform was founded in 2018 to allow as wide an audience as possible, regardless of their level of experience, to explore the opportunities offered by the crypto sector. The exchange currently has nearly one million verified traders and a combined trading volume of $150 billion. AscendEX has a comprehensive suite of tools to perform investment operations, from the simplest to the most complex. In addition, the platform's infrastructure has been designed with a high degree of security to ensure the protection of clients' assets and portfolios. Security features include two-factor authentication, dynamic rebalancing of hot and cold portfolios to ensure that the majority of client assets are held offline at all times, and a zero-trust security mode that prohibits account unlocking by text message or phone call.Revamping of Earn module, the beginning of a new stage for AscendEXAscendEX recently revamped one of its flagship products, Earn, in an effort to revitalize its product line and offer its users the best opportunities in the market. The redesign is accompanied by a boost in returns on more than 100 crypto-assets, including Bitcoin, Ethereum, Tether (USDT) and the Curve DAO token (CRV).With the new interface, users can view their potential returns, manage their portfolio assets, and explore new opportunities to increase their earnings using the most comprehensive management tools available. The dashboard also offers the ability to project future earnings over various time horizons.The portfolio management process is simplified by the presence of a quick comparison module. This provides access to the full suite of AscendEX yield generating tools: staking, lending, DeFi yield farming, liquidity mining and promotional products, so users always know where their funds are held or invested.Earn now has a new feature called "Passive Income." With this feature, making investments becomes a breeze: users can set their investments to automatic mode and simply define their income goals and desired timeframe. AscendEX takes care of the rest. Earn 10,000 USDT by staking on AscendEXAscendEX regularly runs promotional campaigns and contests for its users. To celebrate the launch of the new Earn product, AscendEX is offering $10 USDT to users who wager $500 or more in an Earn pool! The event will be held for one month, from September 19 to October 19. Simply follow the steps below:Register on the platform via CryptoNews invitecode (BCNEWS) to the AscendEX EarnDeposit 500 USDT or more of any digital asset on AscendEX Earn.Keep the deposit in Earn for 7 days.CryptoNews readers who complete the above steps will 100% grab 10 USDT reward. For participants who have delegated their tokens for staking, the calculation will be based on the closing price on the last day of the event. Rewards will be distributed to the winners' accounts within 15 days of the end of the event. Wish you have a good earning experience! Signup to grab more random airdrop: https://ascendex.com/signup/earn-1?inviteCode=BCNEWS Join AscendEX community:Twitter https://twitter.com/_AscendEX/Facebook https://www.facebook.com/AscendEXOfficial/Telegram https://t.me/AscendEXEnglishRelated News:-AscendEX Lists HOPR Token-YouClout Lists on AscendEX-AscendEX Lists Alchemy Pay, ACH Trade Like a Pro with PrimeXBT's Copy Trading Option Live tweeting of Ellison testimony will resume at 2 pm, here. Inner CIty Press is covering the case https://t.co/jsd2LKKf7U & https://t.co/cGS6liUb3n and fillings: https://t.co/Sm5clS6qXb Watch this feed - at 2 pm and beyond...

While many onlookers in the crowded overflow rooms at the Daniel Patrick Moynihan Courthouse in New York are likely thankful for Judge Kaplan’s ability to move the case forward (to say nothing of the schadenfreude many might feel seeing team SBF squirm), there’s a case to be made Kaplan should be a little more sporting, a little more judicial. According to the market intelligence platform, Cardano recorded 611.47 notable GitHub commits in the past 30 days, leading all other crypto projects. Why cryptocurrencies have gone from hot to full-on meltdownOld money is coming, and global finance is moving on-chain. Your mining potential is determined by the amount of compute power you lease. larger hashing power results in more frequent payouts, but at a larger cost per hash.

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