Cryptostreet

  Bitcoin strengthens ahead of monthly close According to data , bitcoin has gained 3% in just one hour to reach an interim high of $20,171. The market-leading cryptocurrency is doing as some analysts have predicted, seeing a small bounce before new losses. “I'm now moving my stop to $19,300 and taking the bounce to $21,700 where more resistance awaits,” as crypto trader Pentoshi explains his own strategy in this context . "Looks pretty strong," trader IncomeSharks notes . To which he adds: "A great way to end the week after people have recently been fluctuating between pessimism and optimism, depending on how the day went." The crypto analyst Cheds even sees the psychologically important $20,000 mark as a real "turning point", because the declining strength of the US dollar could soon become a catalyst for risky investment products such as cryptocurrencies. Thus, the US Dollar Index (DXY) continues to fall today, slipping towards 112 points after the ...

  The two-year investigation phase of the digital euro project of the European Central Bank (ECB) called Eurosystem is halfway through. The ECB published a progress report on September 29th covering design and policy issues that are under consideration or have already been decided. According to the report , trading in physical stores and online is the largest use case for a Euro Central Bank digital currency (CBDC). Currently, most digital payment solutions are limited in their reach and do not come from Europe. Therefore, a digital euro could harmonize payment solutions and strengthen Europe's strategic autonomy, as envisaged in the policy objectives. The report goes on to say: "A digital euro would preserve the role of public money as the anchor of the payment system in the digital age. This would ensure the smooth coexistence, convertibility and complementarity of the different forms of money." The Governing Council has approved the exploration of online payments valid...

  The Graph ( GRT ) has been behaving as we discussed since our last analysis. Since then, however, little has changed in the course. Right now we're trading at around $0.099. After closing the inefficiency on the downside in the last analysis, we pumped towards monthly resistance P and were rejected there. This monthly resistance is now ranged with our lower support zone. We were only able to leave this once briefly and with a lot of trading volume. So the range applies first. Unfortunately, on the daily chart, we still have the Daily EMA Ribbons in front of us, which are pushing us down. However, we must break this in order to generate bullish momentum. If these break, we could get our last high at around USD 0.1350. There's a lot of liquidity there. From here a retest of the range would be important. On the other hand, if we fail to break this resistance, we could move to a new low and thus also break the range for a short time. However, we should not linger there too long. ...

Uniswap (UNI) is currently in a slight uptrend. However, we have a resistance line above us, which we have already tested several times. We are currently trading at around $6.33. We passed the 200-SMA (last 200 average prices/purple) and 200-EMA without any problems and were able to confirm them as support. Now it's time to break the above resistance. Chances are that we could do that in the next few days and thus form a higher high as well If we manage to break this resistance, UNI could start a small rally into the USD 8 area. There we then have to fill a first small inefficiency. However, if we get rejected again, we could retest our last support as we have a lot of volume here. This support is located at around $5.70. However, there should be a lot of support there and we could start a new attempt at the top. My Top Picks Honeygain - Passive earner that pays in BTC or PayPal M andalaExchange - The Best no KYC crypto Exchange! BetFury - Play And Earn BFG for daily Bitcoin an...

  Meta, the parent company of Facebook and Instagram, continues to expand its NFT capabilities and has now announced a new development . As of September 29, all users of both platforms can connect wallets and share non-fungible tokens (NFTs) in 100 countries.  The feature has been in testing since May, and users can tag creators and collectors and share digital collectibles between platforms without paying any fees. In August, Meta gradually began allowing users to post digital collectibles they own on Facebook and Instagram, and announced expansion into Africa, Asia Pacific, the Middle East and the Americas.  The company also supports third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, as well as the Ethereum, Polygon, and Flow blockchains. Several Twitter users at the time raised concerns about security and privacy when connecting Meta's digital wallets to the platform. In April 2021, the personal data of over half a billion ...