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    Cryptonaire Weekly Magazine 250th Edition Is Out Now, Sep 7, 2022
  1. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 250TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

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    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    August’s nonfarm payrolls data offered some relief to traders as the economy added 315,000 jobs for the month, well below the 526,000 in July. It was the lowest monthly gain since April 2021, increasing hopes that the data leaves some scope for the Federal Reserve to soften its aggressive tightening policy. The CME FedWatch Tool showed a 60% probability of a 75 basis points rate hike for the September 21 meeting, down from 75% on August 29.

    The Dow Jones Industrial Average initially rallied by 370 points following the jobs report but it later trimmed its gains and closed down by 337.98 points. The Nasdaq
    Composite extended its losing streak to six consecutive days for the first time since 2019.

    Bitcoin has been trading inside a tight range between $19,500 and $20,715 for the past few days. The failure to push the price back above $20,715 indicates that bears are trying to flip this level into resistance.

    The downsloping 20-day exponential moving average (EMA) and the relative strength index (RSI) in the negative territory indicate advantage to sellers.

    If bears sink the price below $19,500, the selling could intensify and the BTC/USD pair could drop to the next support zone between $18,600 and $17,567.45. The bulls are expected to defend this zone aggressively because a failure to do so could signal the resumption of the downtrend. The pair could then slide to $16,764.

    Contrary to this assumption, if the price turns up from the current level and breaks above $20,715, it will suggest that bulls are back in the game. That could push
    the price to the 50-day simple moving average (SMA). This level may again act as a resistance but if bulls overcome this barrier, the pair could rally to $24,666.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Gauss

    - Manilla Finance

    - indu4.0

    - Age of Zalmoxis

    - Globiance

    - Medabots

    - WeedoVerse


    Read More
    CRYPTO TRADE OPPORTUNITIES

    74% of Ethereum nodes ‘Merge ready’ ahead of Bellatrix upgrade

    Crypto Exchange Binance Hires Former Brazilian Central Bank President as Adviser

    UK Elects Crypto-Friendly Prime Minister Who Said Country Should Embrace Blockchain and Digital Assets

    Binance Pulling Support of USDC, Converting Several Stablecoins to BUSD

    Gauss: Curated layer one ecosystem, launching Q4 ’22

    Manilla Finance to Support Pure Crypto Payments, Prepares to Make a Huge Leap into the Web 3 Space

    Rise of the GameFi economy

    Globiance: GBEX Staking goes live

  2. Cryptonaire Weekly Magazine 249th Edition Is Out Now, Aug 31, 2022
  3. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 249TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    The United States Federal Reserve Chair Jerome Powell dashed hopes of any slowdown in the central bank’s aggressive monetary tightening in his speech at The Jackson Hole Symposium on August 26. Powell said that curbing inflation “requires using our tools forcefully to bring demand and supply into better balance." He also warned that higher interest rates may “bring some pain to households and businesses.”

    The central bank’s tightening has been negative for risky assets but the US dollar index (DXY) has been in a strong uptrend with no signs of topping out. There is a minor resistance near 110 but if this level is crossed, the DXY could continue its parabolic move and surge toward 120 as there is no major resistance in between. If that happens, the equities markets and crypto markets may remain under pressure as these assets generally have a strong inverse correlation with the DXY.

    We warned traders in our previous analysis that a shallow rebound off the strong support of $20,715 showed that demand was drying up at higher levels. Bitcoin turned down sharply from the 20-day exponential moving average (EMA) and plunged below the $20,715 support on August 26.

    The bulls are attempting to push the price back into the range but may face stiff resistance at the breakdown level of $20,715. If the price turns down from this level, it will suggest that the bears have flipped the level into resistance.

    That could increase the likelihood of a drop to $18,600 and then to the June 18 intraday low of $17,567.45. The bears will have to sink the price below this crucial support to signal the resumption of the downtrend.

    Alternatively, if bulls push the price back above $20,715, it will suggest strong demand at lower levels. The moving averages may pose a strong challenge but if bulls overcome this barrier, the pair could attempt a rally to the resistance of the range at $24,666.

    A break and close above the $25,000 level will be the first sign that the pair may have bottomed out. Until then, the pair could remain in a bottoming formation.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Medabots

    - HoneyWood

    - MetaBrewSociety

    - Age of Zalmoxis

    - indu4.0

    - PlutusFi

    - Globiance


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Ethereum scaling network Arbitrum set for major upgrade on Aug. 31

    The End of the Texas Bitcoin Mining Gold Rush

    Argentine Province Allows Millions to Pay Taxes Using Stablecoins

    Ripple CEO Brad Garlinghouse Addresses Rumors Spread by Alleged Whistleblower

    MetaBrewSociety: A fusion of a beer company and NFT

    Age of Zalmoxis: Ancient Fantasy Play and Earn Game

    indu4.0: Revolutionizing the Manufacturing Industry with Blockchain Technology

    PlutusFi – A crypto trading platform with advanced trading bots!

    Age of Zalmoxis: Game Metaverse

  4. Cryptonaire Weekly Magazine 248th Edition Is Out Now, Aug 24, 2022
  5. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 248TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    The United States equities markets turned down sharply on August 19 after the minutes from the Federal Reserve’s July meeting showed that participants believed “that there was little evidence to date that inflation pressures were subsiding.” Additionally, Federal Reserve Bank of St. Louis President James Bullard said on August 18 that he favored another large rate hike in the September meeting as he did not believe that inflation had peaked.

    This stoked fears that the Fed could continue with its aggressive rate hikes. The selling continued on August 22 as market participants speculated that Fed Chairman
    Jerome Powell may sound more hawkish during his speech on August 26 at the central banking conference in Jackson Hole.

    The deteriorating macro environment and the close correlation with equities markets stalled the recovery in cryptocurrencies. Bitcoin witnessed a sharp drop on August
    19 which resulted in liquidations of more than $551 million in a 24-hour period, according to data from crypto analytics platform Coinglass.

    The bulls repeatedly pushed the price above the overhead resistance of $24,666 between August 13 to 15 but could not sustain the higher levels. The buyers again tried to clear the overhead hurdle on August 17 but the bears held their ground.

    This may have tempted short-term traders to book profits. That pulled the price below the 20-day exponential moving average (EMA), which was the first sign that bulls may be losing their grip.

    The selling momentum picked up on August 19 and the BTC/USD pair plunged to the strong support at $20,715. The bulls have successfully defended the level for the past three days but the shallow rebound suggests that demand dries up at higher levels.

    The downsloping 20-day EMA and the relative strength index (RSI) in the negative territory indicate advantage to sellers. The bears will again attempt to sink the price below $20,715. If they succeed, the pair could slide to the next support at $18,600. If this level also cracks, the decline could extend to the June 18 intraday low of $17,567.45.

    The first sign of strength will be a break and close above the 20-day EMA. Such a move could open the doors for a possible rally to $24,666. A buying opportunity could open for the aggressive traders above $21,800 with the stops placed just below $20,700.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Medabots

    - MetaBrewSociety

    - Globiance

    - Age of Zalmoxis

    - H2O Securities

    - Coinhaven


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

    Ethereum Merge Drama Continues as Traders Pile Out, Then Back In

    Invesco Rolls Out New $30 Million Metaverse Fund

    Crypto Exchange FTX Witnessed Massive 1,000% Surge in Revenue Last Year, According to Leaked Documents

    Medabots: The Ultimate Gaming Universe for Gamers seeking Entertainment and Earning Opportunities.

    Free Beer, Multiple Giveaways as MetaBrewSociety’s Very First Mint Event Draws Nearer

    Age of Zalmoxis: Game Metaverse

    H2O Securities – Blockchain-based solution for water scarcity!

  6. Globiance, A Revolutionary Exchange Platform. Digital Asset Accessibility – Reimagined, Aug 11, 2022
  7. crypto expert

    Globiance, A Revolutionary Exchange Platform. Digital Asset Accessibility – Reimagined

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    Globiance has revolutionized the management of digital-assets and added banking features for both Corporate and Retail customers. They’ve made it easy for crypto traders, money-savers and even businesses to access, trade, send / receive funds and MORE. All of this can be done from a single location, on one powerful platform - Globiance.

    Globiance DigitalAsset Exchange cryptocurrency GBEX DEX CEX CryptonaireWeekly platinumcryptoacademy CryptocurrencyNews

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  8. Cryptonaire Weekly Magazine 246th Edition Is Out Now, Aug 10, 2022
  9. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 246TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    A positive sign is that analysts are increasingly showing confidence that crypto prices may have bottomed out. JPMorgan said in a recent note that limited new contagion from the collapse of the Terra ecosystem and positive data flow from Ethereum’s testnets raised expectations that the merge will happen in 2022. Both these
    have been the main drivers of the current recovery. Analysts at JPMorgan believe that crypto prices may have “found a floor.”

    Bloomberg Intelligence senior commodity strategist Mike McGlone and senior market structure analyst Jamie Coutts said in the August “Crypto Outlook” report that Bitcoin may be building a base “akin to about $5,000 in 2018-19.” The analysts said that the “risk vs. reward tilted favourably for one of the greatest bull markets in
    history, potentially starting a revival after a sharp retreat.”

    We highlighted in our previous analysis that the 20-day exponential moving average (EMA) was an important level to keep an eye on because a bounce off it could result in a retest of the overhead resistance at $24,666 and that is how it played out.

    Bitcoin has formed a series of higher lows though it has not been able to form higher highs. This indicates that bears are posing a strong challenge at $24,666 but bulls are buying on every minor dip.

    The rising 20-day EMA and the relative strength index (RSI) in the positive territory suggest that the path of least resistance is to the upside.

    If buyers thrust the price above $24,666, the BTC/USD pair could pick up momentum because there is no resistance until $28,000. The bears may attempt to stall the rally at this level but if bulls overcome this barrier, the uptrend could even reach $32,000.

    Conversely, if the price turns down from the current level and breaks below the uptrend line, it will suggest that the bulls have given up in the short term and are closing their positions. That could sink the price to the 50-day simple moving average (SMA).

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Immunify.Life

    - MetaBrewSociety

    - Coinhaven

    - WeedoVerse

    - Globiance

    - H2O Securities

    - Age of Zalmoxis

    - CollectiVerse

    - AiBook.Art

    - Cardalonia


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Bitcoin price targets 8-week highs as Ethereum reaches $1.8K

    Here’s Why Vitalik Buterin Believes Crypto Payments Will Become Mainstream

    The Ethereum Merge Is the Main Contributor to July Rebound: JPMorgan

    Dogecoin Has More Potential Applications Than Cardano: Mark Cuban

    Immunify.Life: Redefining The Healthcare Landscape with Blockchain Technology

    PLAY, CHILL, and EARN over $75k in Rewards in the WeedoVerse IGO Event

    Globiance, A Revolutionary Exchange Platform. Digital Asset Accessibility – Reimagined

    Age of Zalmoxis: Rise of the Elrond blockchain

    CollectiVerse – A more secure and safe way to invest in the DeFi and NFT market

  10. Cryptonaire Weekly Magazine 244th Edition Is Out Now, Aug 3, 2022
  11. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 245TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    After three consecutive negative monthly closes, Bitcoin made a comeback in July with a 16.8% gain, according to Coinglass data. In comparison, Ether had much better performance as it rallied more than 56% during the same period. This indicated that investors may have started accumulating at lower levels, anticipating that a bottom may be in place.

    Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said in a tweet on July 29 that “Fed Chairman Jerome Powell’s “meeting by meeting” comment may mark the pivot for Bitcoin” to outperform most assets. In another tweet on July 31, McGlone said that Bitcoin may be on track to recover from the “steepest discount” to the 100- and 200-week moving averages. He added that the risk-to-reward ratio may be “tilted favourably for one of the greatest bull markets in history.”

    Bitcoin reversed direction from $20,715 on July 26 and rose above the ascending channel on July 28. However, the bulls could not build upon this advantage and sustain the higher levels. This indicates that bears continue to sell on rallies.

    The failure to sustain the price above the channel may have attracted profit-booking from short-term bulls and shorting from aggressive bears. That has pulled the price to the 20-day exponential moving average (EMA).

    This is an important level to keep an eye on. If the price rebounds off the 20-day EMA, the bulls will again try to push the price above the overhead resistance at $24,666. If they succeed, the BTC/USD pair could start an upmove toward $30,000.

    Alternatively, if the price slips below the 20-day EMA, it will suggest that the bullish momentum may be weakening. The pair could then decline to the 50-day simple moving average (SMA).

    The flattening 20-day EMA and the relative strength index (RSI) near the midpoint suggest a range-bound action in the near term. The pair may remain stuck between $20,715 and $24,666 for a few days.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Globiance

    - WeedoVerse

    - Cardalonia

    - CollectiVerse

    - H2O Securities

    - ZiberBugs

    - AiBook.Art

    - Immunify.Life

    - DC Pay

    - LunaOne


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Bitcoin bulls defend $23K amid warning bear market rally 'alive and well'

    Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

    CryptoPunk Ethereum NFT Sales Jump 248% After Tiffany Launch

    Ethereum-Based Gaming Altcoin Rallies After Coinbase Suddenly Adds It to Listing Roadmap

    CollectiVerse – A more secure and safe way to invest in the DeFi and NFT market

    ZiberBugs Prototype Launch: The Perfect Time to Invest for the Long Term

    Immunify.Life: Redefining The Healthcare Landscape with Blockchain Technology

    DC Pay: Gateway to Crypto Trading

    LunaOne – Making the Metaverse a reality

    Globiance WeedoVerse Cardalonia CollectiVerse H2OSecurities ZiberBugs AiBookArt ImmunifyLife DCPay LunaOne CryptonaireWeekly platinumcryptoacademy CryptocurrencyNews Binance Bitcoin Ethereum Ripple Litecoin Ecosystem DayTrading BTC digitalcurrency digitalcurrencymarket DayTrading Cryptocurrencyexchanges digitalexchange

  12. Cryptonaire Weekly Magazine 244th Edition Is Out Now, Jul 27, 2022
  13. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 244TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    Tesla is not the only institutional investor which has sold its Bitcoin holdings. According to Vetle Lunde, research analyst at Arcane Research, institutional investors have sold 236,237 Bitcoin since May 10 of this year. While some of the selling was forced, others were not. The selling started with the Luna Foundation Guard dumping more than 80,000 of its Bitcoin reserve to save the peg on stablecoin UST. That was followed by further selling from the crisis-hit crypto lending firm Celsius and the crypto hedge fund Three Arrows Capital.

    JPMorgan Chase & Co. said in a recent report that retail demand was increasing in the crypto markets and the “intense phase” of deleveraging may be over. The bank highlighted that "smaller wallets have seen an increase in ether or bitcoin balances since the end of June at the expense of larger holders," CoinDesk reported.

    Bitcoin broke above the ascending channel and the 50-day simple moving average (SMA) on July 19 but the bulls could not build upon this advantage. The long wick on the July 20 candlestick shows selling above $24,000.

    The bears pulled the price back into the channel on July 21 and thwarted attempts by the bulls to resume the recovery on July 22. The buyers made one more attempt to clear the channel on July 24 but failed.

    This may have tempted short-term traders to book profits. That pulled the price back below the 20-day exponential moving average (EMA) on July 25. This move suggests that the BTC/USD pair may spend some more time inside the channel.

    The flattish 20-day EMA and the relative strength index (RSI) just below the midpoint indicate a balance between supply and demand.

    If the price slips below the $20,450 to $20,750 support zone, the decline could extend to the support line of the channel. This level is likely to attract strong buying from the bulls.

    On the upside, the bulls will have to clear the overhead resistance at $24,300 to signal the start of a new up-move. The pair could then climb toward $30,000.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - H2O Securities

    - WeedoVerse

    - Coinhaven

    - Artex

    - Cardalonia

    - Globiance

    - AiBook.Art


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week

    SEC Probing Coinbase for Allegedly Listing Securities

    Binance CEO CZ Sues Bloomberg Businessweek for Defamation in Hong Kong

    Mysterious Bitcoin Wallet Amasses $3,000,000,000 Crypto Fortune in Just Three Days

    The World’s First Blockchain-Based Solution To Water Scarcity!

    Early Birds to Enjoy Coinhaven’s Trading Discounts and Lifetime Legacy Membership

    Artex Token Re-launch: Redefining the Future of Art

    Cardalonia: The Ultimate Metaverse Project Driven By The Community!

    Globiance: Bringing The Traditional Financial System And Cryptocurrencies Together

  14. Globiance: Bringing The Traditional Financial System And Cryptocurrencies, Jul 21, 2022
  15. crypto expert

    GLOBIANCE: BRINGING THE TRADITIONAL FINANCIAL SYSTEM AND CRYPTOCURRENCIES TOGETHER

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    Crypto has been on the radar of people from around-the-globe – regardless of divergent views and attitudes towards its growth and impact throughout industries.

    Globiance blockchain DeFi cryptocurrency SEPA SWIFT DEX CryptonaireWeekly platinumcryptoacademy CryptocurrencyNews

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  16. Cryptonaire Weekly Magazine 242nd Edition Is Out Now, Jul 13, 2022
  17. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 242ND EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    Expectations of an aggressive monetary tightening by the United States have sent the US dollar index (DXY) soaring to a 20-year high above 108. Arthur Hayes, former CEO of derivatives trading platform BitMEX, tweeted on July 11 that the parity between the US dollar and the euro could force the central banks to resort to yield curve control. That could lead to the disintegration of the currency and trigger a massive rally in Bitcoin. Hayes asked his followers to “be patient” as this could take time.

    Several analysts believe that Bitcoin will turn around after the Federal Reserve reverses its monetary tightening. And for that to happen, inflation needs to come down. There is a silver lining for the long-term investors as the inflation expectation for the three-year ahead period fell to 3.6% in June from 3.9% a month
    earlier, according to the New York Fed’s June Survey of Consumer Expectations published on July 11.

    Bitcoin rallied above the 20-day exponential moving average on July 7 but the bulls could not build upon this advantage. The bears sold near $22,500 on July 8 and pulled the price back below the 20-day EMA on July 10.

    The BTC/USD pair is trading inside an ascending channel pattern. The bears will now attempt to pull the price to the support line, which is likely to attract buyers.

    If the price rebounds off the support line, the pair could rise to the 20-day EMA and then to the resistance line of the channel. The 20-day EMA is flat but the relative strength index (RSI) in the negative territory indicates a minor advantage to sellers.

    If the price breaks below the channel, the bears will try to pull the pair to the strong support zone of $18,603 to $17,567.45. This remains an important zone to keep an eye on because if it cracks, the selling could intensify. The pair could then plummet to $16,000 and later to $14,000.

    The bulls will have to push and sustain the price above the 50-day simple moving average (SMA) to indicate a potential trend change.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - Solidus AI Tech

    - Cardalonia

    - AiBook.Art

    - LunaOne

    - DDC

    - Globiance


    Read More
    CRYPTO TRADE OPPORTUNITIES

    G20 Watchdog Announces 'Robust' Global Crypto Regulation Coming in October

    Crypto miners in Texas shut down operations as state experiences extreme heat wave

    Web3 Startup Mysten Labs Aiming for $2B Valuation in Latest Funding

    Axie Infinity NFT Sales Rising Amid 'Play-and-Earn' Transition

    Solidus AI Tech NFT Project, Meta Battlebots, Metaverse and Play-2-Earn Gaming Platform Launch

    Aibook’s Nft Collection, Based On Quotes From Famous Writers, To Launch In September

    Cardalonia Token Pre-Sale Goes Live

    Lunaone – Launching Society On The Blockchain

    DDC: A Unique NFT Series from a WWII POW

    SolidusAITech Cardalonia AiBook.Art LunaOne DDC Globiance CryptonaireWeekly platinumcryptoacademy CryptocurrencyNews Binance Bitcoin Ethereum Ripple Litecoin Ecosystem DayTrading BTC digitalcurrency digitalcurrencymarket DayTrading Cryptocurrencyexchanges digitalexchange

  18. Cryptonaire Weekly Magazine 240th Edition Is Out Now, Jun 29, 2022
  19. crypto expert

    CRYPTONAIRE WEEKLY MAGAZINE 240TH EDITION IS OUT NOW

    The #1 CRYPTO TRADING MAGAZINE

    [​IMG]

    ❖ Latest Crypto News Digital Magazine

    ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

    Risky assets made a strong comeback last week. The United States equities markets rallied more than 5.4% and the crypto markets saw strong gains in select altcoins.
    Although Bitcoin sustained above the psychological level of $20,000, the gains have been muted. This shows that the investors remain cautious and are not convinced that a bottom has been formed.

    Institutional investors continue to withdraw funds from digital assets, according to the latest CoinShares’ weekly “Digital Asset Fund Flows” report. Digital investment products saw the largest outflows of $423 million, mainly due to outflows from the Canadian exchanges on June 17.

    The recovery in Bitcoin’s price could be a long-drawn affair, according to Binance founder and chief executive Changpeng Zhao. In an interview with The Guardian,
    Zhao said that it could “take a few months or a couple of years” before Bitcoin reaches its all-time high but added that “no one can predict the future.”

    Bitcoin’s recovery could not rise above $22,000 and reach the 20-day exponential moving average (EMA). This suggests that demand dries up at higher levels and bears
    continue to sell on minor rallies.

    Both moving averages are sloping down and the relative strength index (RSI) is in the negative territory, indicating advantage to bears.

    The critical level to watch on the downside is $19,500. If the price rebounds off this level with strength, it will suggest that bulls are attempting to form a higher low. The buyers will then make one more attempt to push the price above the 20-day EMA.

    If they succeed, the BTC/USD pair could rally to the resistance line of the descending channel.

    On the other hand, if bears sink the price below $19,500, the pair could retest the June 18 intraday low of $17,567.45. This is an important level for the bulls to defend because a break below it could signal the start of the next leg of the downtrend. The pair could then decline to $16,000 and next to $14,000.

    Lastly please check out the advancement’s happening in the cryptocurrency world.

    Enjoy the issue!

    Featuring in this weeks Edition:

    - DDC

    - Globiance

    - Solidus

    - Musicology

    - Mine Network

    - Brise Paradise

    - ZiberBugs

    - LunaOne

    - Age of Zalmoxis

    - DC Pay


    Read More
    CRYPTO TRADE OPPORTUNITIES

    Recession Fears Halt Crypto Bounce

    Goldman Sachs Downgrades Coinbase Shares, Predicts 60% Revenue Decline

    Ripple CEO Brad Garlinghouse Says Company Will Leave US if SEC Wins Lawsuit

    Central African Republic president launches crypto initiative following Bitcoin adoption

    Solidus AI Tech: Use of AI Technology in the Metaverse

    Musicology’s Masterkey Nft Sale To Open Soon

    MINE Network Announces A Content Creator Contest In Preparation Of Its Metaverse

    ZiberBugs: A new era of P2E gaming with Cardano

    Launching A Decentralised Universe: A Comprehensive Guide