Kdense

I started looking into Bitcoin since 2019 and observing market since then. Here I will express my views on Bitcoin based on my prior experience. Any view should not be considered as a financial advice.

21million

Brahmabrata

Upendra Kumar

Shubham saini

marcos carneiro

Ratna Tamang

Asriel Vinoy

harnish sharma

Puspendar Kumar

China&#8217;s digital yuan plan could reshape global financial systems, enhancing 
cross-border transactions and integrating digital currency into banking.
The post China unveils new action plan for digital yuan management appeared 
first on Crypto Briefing.

China unveils new action plan for digital yuan management

Bitcoin is helping reinforce the US dollar’s reserve currency status by acting 
as a market check on excessive inflation and deficit spending, Coinbase CEO 
Brian Armstrong said.

Bitcoin helps USD’s reserve status ‘in a strange way’: Coinbase CEO

Ethereum price started a decent upward move above $2,900. ETH is now showing 
positive signs and might eye more gains above $3,000. Ethereum started a 
recovery wave above the $2,920 zone. The price is trading above $2,950 and the 
100-hourly Simple Moving Average. There is a bullish trend line forming with 
support at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The 
pair could continue to move up if it settles above the $3,000 zone. Ethereum 
Price Eyes More Gains Ethereum price managed to stay above the $2,880 pivot 
level and started a recovery wave, like Bitcoin. ETH price climbed above the 
$2,920 resistance to enter a positive zone. The bulls were able to push the 
price above the 50% Fib retracement level of the downward move from the $3,075 
swing high to the $2,888 low. Besides, there is a bullish trend line forming 
with support at $2,930 on the hourly chart of ETH/USD. Ethereum price is now 
trading above $2,950 and the 100-hourly Simple Moving Average. If the bulls 
are able to protect more losses below $2,950, the price could continue to move 
up. Immediate resistance is seen near the $3,000 level and the 61.8% Fib 
retracement level of the downward move from the $3,075 swing high to the 
$2,888 low. The first key resistance is near the $3,030 level. The next major 
resistance is near the $3,050 level. A clear move above the $3,050 resistance 
might send the price toward the $3,120 resistance. An upside break above the 
$3,120 region might call for more gains in the coming days. In the stated 
case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the 
near term. Another Decline In ETH? If Ethereum fails to clear the $3,000 
resistance, it could start a fresh decline. Initial support on the downside is 
near the $2,950 level. The first major support sits near the $2,920 zone. A 
clear move below the $2,920 support might push the price toward the $2,880 
support. Any more losses might send the price toward the $2,800 region. The 
next key support sits at $2,720. Technical Indicators Hourly MACD – The MACD 
for ETH/USD is gaining momentum in the bullish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now above the 50 zone. Major Support Level – $2,950 Major 
Resistance Level – $3,000

Ethereum Price Targets Break Above $3K, Bulls Smell Opportunity

Musk reacted to the upcoming restrictions that the Chinese state will impose 
on silver exports by highlighting the relevance of the precious metal in the 
industrial world. Silver has performed superbly this year, more than doubling 
its January prices. Elon Musk Laments China’s Silver Export Restrictions The 
silver market continues to thrive, and industry giants […]

‘Not Good:’ Elon Musk Weighs in on Upcoming Silver Supply Chain Issues

Crypto executives, including Bitwise CEO Hunter Horsley and Castle Island 
Ventures founding partner Nic Carter, have pushed back against a proposed 5% 
billionaire tax in California.

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