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2024-05-05

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Zcash Bitcoin’s next halving is expected in early 2024, cutting its block reward in half. Previous halvings catalyzed monumental bull runs. Digital Currency Governance Consortium|World Economic ForumSEC's Next Moves: Speculation Abounds Direct/Indirect and Hybrid Models

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The phrase Hold On for Dear Life (HODL) started as a typo of “hold”, but later it evolved as crypto slang. The term was established in 2013 when Bitcoin plummeted and investors started panic-selling it. However, since the coin had the potential to rise back to green, an exasperated investor, in an attempt to stop others from selling it, drunk-typed “hodl” instead of “hold” in an online chat forum. Currently, hodl denotes holding a coin despite its price fluctuations, rather than panic-selling it. Among the procedures outlined in the expired phase is for participants to create an account on the Linqto platform and fund the account before the investment link goes live. Best Crypto Exchange Reviews 2023Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar.BTC/USD 1-hour chart. Source: TradingViewTrader: Bitcoin behavior at resistance “not the best”Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend.The pair recovered from a snap retest of $27,000 on Oct. 6, thanks to surprise United States employment data which diverged from policy tweaks by the Federal Reserve.Now, the $28,000 resistance formed the main point of interest for market participants going into the new week.In low timeframe (LTF) analysis of exchange order books, popular trader Skew said that major bidding power was still required in order to flip $28,000 to support.“So on LTF we can see clearly the market is still trading $28K as resistance. Going to require a big spot buyer to crack that area imo,” he told X (formerly Twitter) subscribers.“Perps are shorting every LTF bounce into $28K as well.”Bitcoin order book data. Source: Skew/XSkew further described Bitcoin’s reaction to both that level and the 200-day moving average (MA), currently at $28,040, as “not the best kind.”Fellow trader Daan Crypto Trades meanwhile cautioned on going short BTC should a sudden breakout occur, as this might form the start of further upside.“I will say that with BTC sitting around this big $28K level which has the Daily/Weekly 200MA sitting there, I am personally not very keen on shorting any deviations above,” part of an X post stated.“In the past, we’ve often seen a weekend breakout at these kinda spots which tend to not retrace as easily as they otherwise would.”An accompanying chart showed the closing price of last week’s CME Bitcoin futures markets, this apt to form a price “magnet” going into the new week.“Trading around the CME price is best practiced during a ranging & choppy environment,” he added. “We are still in such environment but that would likely change upon a strong break above this region. Hence me not being too eager to short immediately in case we'd see a weekend pump.”BTC/USD annotated chart with CME Bitcoin futures data. Source: Daan Crypto Trades/XAnalyst renews $30,000 BTC price forecastIn the wake of events in Israel, others meanwhile flagged geopolitical instability as a potential BTC price catalyst to come.Related: Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur HayesAmong them was Michaël van de Poppe, founder and CEO of trading firm MN Trading.“Now; market perspective it’s going to be a volatile week,” he wrote in part of X analysis. “My idea is that Bitcoin continues the upwards grind & potentially reaches $30K as worldwide uncertainty grows.”Van de Poppe had previously forecast a trip beyond the $30,000 mark in October, traditionally Bitcoin’s strongest calendar month.At just under $28,000, BTC/USD was up 3.5% month-to-date at the time of writing, per data from monitoring resource CoinGlass.BTC/USD monthly returns (screenshot). Source: CoinGlassThis 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. If you search the term “smart contract” on the internet, you will get various definitions from different sources. However, you’ll see that they all have the same concept and use the same basic terminology to describe a smart contract.

Brooks said they have yet to identify any individuals or groups that could be behind the FTX hack, and that investigations are continuing.3Commas on ‘heightened alert’ after several user accounts hacked “Imagine a world where you have two games. They have the exact same experience, but one of them has ownership. Which one are you going to play?” Anderson said. Singapore's Quione crypto exchange sued for over $13MCrypto miners deploy computing power to validate transactions and secure the blockchain network. In return, they receive units of the native coin as block rewards. Join the ENF and DappRadar for a Web3 Trends Discussion

In 2021, Instadapp raised $10 million in a funding round led by Standard Crypto, and contributions from DeFi Alliance, Longhash Ventures, and Andre Cronje.Unlocking Cross-Chain Liquid Staking with StaFi’s Chainlink Integration Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack How to Invest in Cryptocurrency: Beginner's GuideResistance Levels: $89.50 and $92.55 As a way to measure short-term direction, the EMA stance means CHZ is bearish. So, there is a higher chance of another decline than a possible uptick.

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