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The ESMA has published a lengthy document requesting feedback on 5 aspects of MiCA. By June 30th, 2024, the regulator will have published a final report based on feedback. On October 5, the EU’s markets regulator, the European Securities and Markets Authority (ESMA), issued a second consultation paper on mandates for the Markets in Crypto-Assets (MiCA). The ESMA has published a lengthy document (307 pages) in which it requests feedback on five aspects of MiCA. The Authority tracks quantitative measurements related to energy consumption, greenhouse gas emissions, and waste production, and a qualitative statement related to the effect of equipment used by blockchain network nodes on earth’s resources. Stringent Compliance Protocols Moreover, the European Securities and Markets Authority (ESMA) recommends mandating CASPs record trading and publishing date and time, crypto asset identity, price information, amount, venue of execution, and transaction ID to increase post-trade transparency. CASPs should be allowed to keep transaction data in “the format they consider most appropriate,” as proposed by the European Securities and Markets Authority (ESMA), so long as they are able to transform the data into a defined format upon request from regulatory bodies. By June 30th, 2024, the regulator will have published a final report based on comments received and submitted its technical standards to the European Commission. However, a third consultation package will be released in the first quarter of 2024. In July, the ESMA published the prior consultation document. The European Securities and Markets Authority (ESMA) presented a plan in which crypto firms subject to MiCA registration would be required to provide additional data in the form of notifications to the NCAs of the country in which they would be registered. Highlighted Crypto News Today: Toncoin surges 9%. What Should Investors Do?
 
LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), has reached an impressive milestone of $46 million in Bitcoin mining revenue since the inception of its mining endeavors. Notably, Sentinum mined 139 Bitcoins in the month of September 2023 alone. Ault Alliance has consistently believed in the transformative power of Bitcoin and blockchain technology. This steadfast commitment to Bitcoin mining has proven fruitful, as today’s results clearly showcase. The Company is pleased with Sentinum’s operations and remains firmly convinced of Bitcoin’s status as a robust, future-ready currency, also highlighting its potency as a hedge against inflation and the declining value of the dollar. William B. Horne, Chief Executive Officer of Ault Alliance, remarked, “Today’s numbers are a testament to the dedication and relentless effort of the Sentinum team. The experience we have gained developing and operating data centers, mining Bitcoin and providing hosting services further solidifies our commitment to disruptive technologies such as blockchain and artificial intelligence.” Ault Alliance is in process of enlarging its footprint in the realm of data centers to support high performance computing with bespoke solutions. This expansion is expected to be executed via the development of the Company’s planned data center projects in Montana and Texas, in addition to augmenting its existing facility in Michigan. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com. Forward Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com. Contacts Ault Alliance Investor Contact [email protected] or 1-888-753-2235
 
At the time of writing, ADA is trading at $0.2646, up 1.83% in the last 24 hours. The price recently breached the $0.2640 resistance level and will likely test $0.2700. Cardano co-founder Charles Hoskinson has dispelled certain myths and clarified some worries about the Hydra project. Hoskinson made a concerted attempt to clarify and transparently dispel claims of dishonesty over the throughput capacity of Hydra in a recording released on Wednesday. In order to improve Cardano’s scalability, the protocol, which went live on mainnet back in May, implements a novel method to transaction processing. The fact that Cardano’s Total Value Locked (TVL) has increased by a whopping 220% since the beginning of the year is also encouraging. This rise in TVL may be attributed to the growing popularity and trust in the Cardano blockchain. Optimistic Outlook Earlier, Cardano (ADA) has had a tumultuous time on the crypto market, and its price recovery had met with some serious resistance. With the recent rally, Cardano’s ADA token shows no signs of slowing down on its upward trend. As per ranking from CMC, ADA stands at eight position for biggest cryptocurrency by market cap. Source: CoinMarketCap At the time of writing, ADA is trading at $0.2646, up 1.83% in the last 24 hours as per data from CMC. Moreover, the trading volume is up 12.23%. The previous recent rally faced strong resistance at $0.2690 on October 2. The price retraced back all the way till $0.2550 support level, before starting to rise again. Moreover, the price recently breached $0.2640 resistance level and will likely test $0.2700 area. If bulls could drive price above this level then a strong rally is on the cards. On the other hand, if the price breaks below $0.2550 support level then it will likely test the $0.24 support area.
 
Bullish ICP price prediction for 2023 is $3.585 to $4.538. Internet Computer (ICP) price might reach $5 soon. Bearish (ICP) price prediction for 2023 is $2.157. In Internet Computer (ICP) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about ICP to analyze the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Internet Computer (ICP) Current Market Status What is Internet Computer (ICP)? Internet Computer (ICP) 24H Technicals INTERNET COMPUTER (ICP) PRICE PREDICTION 2023 Internet Computer (ICP) Support and Resistance Levels Internet Computer (ICP) Price Prediction 2023 — RVOL, MA & RSI Internet Computer (ICP) Price Prediction 2023 — ADX, RVI Comparison of ICP with BTC, ETH INTERNET COMPUTER (ICP) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Internet Computer (ICP) Current Market Status Current Price $3.08 24 – Hour Price Change 1.17% Down 24 – Hour Trading Volume $12,950,973 Market Cap $1,374,294,102 Circulating Supply 445,576,595 ICP All – Time High $750.73 (On May 11, 2021) All – Time Low – BONE Current Market Status (Source: CoinMarketCap) What is Internet Computer (ICP) TICKER ICP BLOCKCHAIN Internet Computer CATEGORY Metaverse LAUNCHED ON May 2021 UTILITIES Governance, security, gas fees & rewards Internet Computer (ICP) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. ICP was launched during its ICO in 2018. Hedera network’s mainnet went live in 2019. Hedera network serves majorly as a distributed file service. Rather than being built on any blockchain, the Hedera network is built on the hashgraph model that is secured by the proof-of-stake (PoS) consensus mechanism. It uses a patented algorithm that makes it a non-forkable network. The transactions on Hedera are faster and occur at low costs. The hashgraph distributed ledger is secure and immutable as Hedera deploys asynchronous byzantine fault tolerance (aBFT). Internet Computer 24H Technicals (Source: TradingView) Internet Computer (ICP) Price Prediction 2023 Internet Computer (ICP) ranks 33rd on CoinMarketCap in terms of its market capitalization. The overview of the Internet Computer price prediction for 2023 is explained below with a daily time frame. ICP/USDT Falling Wedge Pattern (Source: TradingView) In the above chart, Internet Computer (ICP) laid out falling wedge pattern. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume, which decreases as the channel converges. The most commonly falling wedge pattern occurs in a clean uptrend. The price action trades higher, however, the buyers lose the momentum at one point and the bears take temporary control over the price action. At the time of analysis, the price of Internet Computer (ICP) was recorded at $3.11. If the pattern trend continues, then the price of ICP might reach the resistance levels of $3.351 and $4.168. If the trend reverses, then the price of ICP may fall to the support of $2.843. Internet Computer (ICP) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Internet Computer (ICP) in 2023. ICP /USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as resistance and support levels of Internet Computer (ICP) for 2023. Resistance Level 1 $3.585 Resistance Level 2 $4.538 Support Level 1 $2.835 Support Level 2 $2.157 ICP Resistance & Support Levels Internet Computer (ICP) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Internet Computer (ICP) are shown in the chart below. ICP /USDT RVOL, MA, RSI (Source: Tradingview) From the readings on the chart above, we can make the following inferences regarding the current Internet Computer (ICP) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $3.227Price = $3.147 (50MA > Price) Bearish(Downtrend) Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 50.86 <30 = Oversold 50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume Internet Computer (ICP) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Internet Computer (ICP) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). ICP /USDT ADX, RVI (Source: Tradingview) From the readings on the chart above, we can make the following inferences regarding the price momentum of Internet Computer (ICP). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 18.882 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 61.33 <50 = Low >50 = High High Volatility Comparison of ICP with BTC, ETH Let us now compare the price movements of Internet Computer (ICP) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs ICP Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of ICP is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ICP also increases or decreases respectively. Internet Computer (ICP) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Internet Computer (ICP) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Internet Computer (ICP) Price Prediction 2024 $6 $4 Internet Computer (ICP) Price Prediction 2025 $7 $3 Internet Computer (ICP) Price Prediction 2026 $8 $3 Internet Computer (ICP) Price Prediction 2027 $9 $2 Internet Computer (ICP) Price Prediction 2028 $10 $1 Internet Computer (ICP) Price Prediction 2029 $13 $0.7 Internet Computer (ICP) Price Prediction 2030 $15 $0.5 Conclusion If Internet Computer (ICP) establishes itself as a good investment in 2023, this year would be favorable to cryptocurrency. In conclusion, the bullish Internet Computer (ICP) price prediction for 2023 is $4.538. Comparatively, if unfavorable sentiment is triggered, the bearish Internet Computer (ICP) price prediction for 2023 is $2.157. If the market momentum and investors’ sentiment positively elevates, then Internet Computer (ICP) might hit $5. Furthermore, with future upgrades and advancements in the Internet Computer ecosystem, ICP might surpass its current all-time high (ATH) of $750.73 and mark its new ATH. FAQ 1. What is Internet Computer (ICP) ? Internet Computer (ICP) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. 2. Where can you buy a Internet Computer (ICP) ? Traders can trade Internet Computer (ICP) on the following cryptocurrency exchanges such as Binance, WEEX, OKX, Bybit, and DigiFinex. 3. Will Internet Computer (ICP) record a new ATH soon? With the ongoing developments and upgrades within the Internet Computer platform, Internet Computer (ICP) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Internet Computer (ICP) ? Internet Computer (ICP) hit its current all-time high (ATH) of $750.73 on May 11, 2021. 5. Will Internet Computer (ICP) hit $5? If Internet Computer (ICP) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon. 6. What will be the Internet Computer (ICP) price by 2024? Internet Computer (ICP) price might reach $6 by 2024. 7. What will be the Internet Computer (ICP) price by 2025? Internet Computer (ICP) price might reach $7 by 2025. 8. What will be the Internet Computer (ICP) price by 2026? Internet Computer (ICP) price might reach $8 by 2026. 9. What will be the Internet Computer (ICP) price by 2027? Internet Computer (ICP) price might reach $9 by 2027. Top Crypto Predictions Cardano (ADA) Price Prediction 2023 Dogecoin (DOGE) Price Prediction 2023 Fetch.ai (FET) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
A new XRP price prediction from notable crypto analyst, EGRAG CRYPTO, has investors buzzing. Based on a multi-timeframe analysis, Egrag believes XRP is showing considerable strength, hinting at a potential surge to $1.4. The analyst elucidated his predictions in a tweet, stating, “XRP Color Code To $1.4 – UPDATE: Trying to showcase the sheer strength and achievements of XRP from multiple time frames: Weekly, 3D, 1D, and 4H.” XRP Price Analysis: 1-Week Chart Delving into the Weekly Chart, Egrag finds an evident optimistic momentum. XRP is on the brink of achieving a notable milestone: sealing a full-body candle beyond the Fib 0.618 retracement level at $0.5119. Egrag notes that the imminent week’s closure and the definitive form of the candle would serve as a robust affirmation of this trend. Egrag’s meticulous breakdown pinpoints vital landmarks for the XRP price trajectory in the 1-week chart. The wicking range is demarcated between $0.3875 and $0.4719. Any downward breach below $0.3875 might disrupt the broader chart setup. Meanwhile, the ranging region, where XRP could oscillate without clear directional momentum (and which XRP is currently leaving), is situated between $0.4719 and $0.5119. Eclipsing the $0.5119 boundary in the weekly timeframe propels XRP into a bullish domain, leading up to $0.5738 — in sync with the 50% Fibonacci retracement echelon. The crypto analyst postulates that the breach of this pivotal price level could catalyze a sweeping XRP rally. Venturing past the 50% Fibonacci zone might result in a landscape with scant resistance, potentially allowing XRP to shatter its annual peak at $0.9310. Concluding his extensive analysis, Egrag envisages an audacious endgame: a staggering 250% rally, propelling XRP towards the 1,618 Fibonacci extension at $1.4695. Shorter Time Frames Switching focus to the 3-day chart, XRP displays a body candle close above the Fibonacci 0.618 retracement level, indicating its presence in the bullish zone. Yet, the current shape of the candle is a neutral Harami style, leaving room for interpretation and lacking a decisive forward direction. This particular formation, rooted in the Japanese term for “pregnant,” represents a potential inflection point in the price movement. Yet, its neutrality necessitates waiting for more concrete signals. Egrag emphasizes that the impending candle, closing today, might shed light on pivotal insights. In the 1-day Chart, the narrative is more assertive. XRP has successfully wrapped up seven consecutive daily candles beyond the Fib 0.618 benchmark in the green area. This trend, as Egrag postulates, radiates a palpable bullish aura. But he also advises vigilance for a potential retest of the lower boundary of the bullish green area, which could solidify this foundation. Lastly, when inspecting the 4-hour chart, a discernible double-top pattern emerges. With XRP exhibiting resistance to surpass the $0.55 mark, there is heightened anticipation of a possible double bottom near $0.50. This movement could pave the way for an assault on the Fib 1.618 zone, around $0.576. The crypto analyst forecasts this as a precursor to a bullish continuation. At press time, XRP traded at $0.52073. The 1-hour chart shows $0.5264 as the current key resistance and $0.5197 as the key support.
 
A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo. Details Of The Whale Transfer Shiba Inu’s ecosystem is home to many whale investors, and transactions among these whales are not uncommon. Over the past few months, there have been huge transfers of SHIB from various whale addresses. This latest SHIB whale transfer was first spotted by Whale Alerts, a platform that tracks major cryptocurrency transactions. According to on-chain data, the transaction was made from the address “0xfd55” into a new private address “0xB96C”. The recipient wallet “0xB96C” now holds a total of over 4.58 trillion SHIB, worth more than $33 million at the time of writing. 4,584,530,677,374 #SHIB (33,132,403 USD) transferred from #Bitvavo to unknown wallethttps://t.co/HrCbR3oavs — Whale Alert (@whale_alert) October 5, 2023 There’s no way to know what the whale plans to do with their huge SHIB holding, but large transfers like this tend to breed speculations from investors. When SHIB is withdrawn from exchanges, it reduces the selling pressure. This reduces the available supply of SHIB for sale, putting upward pressure on the price. While whale movements tend to reveal the current market sentiment, a single transfer cannot necessarily move the entire market. As a result, Shiba Inu’s price hasn’t reacted much to the transfer, although it has lost 0.32% of its market cap in the past 24 hours. Future Outlook For Shiba Inu Shiba Inu and its community have had to endure a few ups and downs around the launch of the layer-2 network Shibarium. Before its launch, Shiba Inu witnessed massive whale withdrawals from exchanges which increased buying pressure and the price of SHIB. While SHIB tokens are being removed from some crypto exchanges, others are simultaneously finding themselves on other exchanges. Recently, 425 billion SHIB tokens worth $3.2 million made their way into Coinbase as part of a potential selloff. Also, SHIB tokens in wallets linked to Ryoshi, Shiba Inu’s anonymous founder, were recently caught on the move. Although Shiba Inu witnessed a price increase at the beginning of the week, it has since lost most of these gains. Nevertheless, Shiba Inu currently maintains a market cap of $4.24 billion, so its price didn’t respond all that strongly to this shift. At the time of writing, SHIB is trading at $0.000007196. Data points to an upcoming rally with a price surge of over 400%.
 
Bullish FET price prediction for 2023 is $0.2961 to $0.4959. Fetch.ai (FET) price might reach $1 soon. Bearish FET price prediction for 2023 is $0.1024. In this Fetch.ai (FET) price prediction for 2023, 2024-2030, we will analyze the price patterns of FET by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Fetch.ai (FET) Current Market Status What is Fetch.ai (FET)? Fetch.ai (FET) 24H Technicals FETCH.AI (FET) PRICE PREDICTION 2023 Fetch.ai (FET) Support and Resistance Levels Fetch.ai (FET) Price Prediction 2023 — RVOL, MA, and RSI Fetch.ai (FET) Price Prediction 2023 — ADX, RVI Comparison of FET with BTC, ETH FETCH.AI (FET) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Fetch.ai (FET) Current Market Status Current Price $0.2205 24 – Hour Price Change 0.83% Up 24 – Hour Trading Volume $11,476,525 Market Cap $179,160,117 Circulating Supply 812,340,562 FET All – Time High $1.19 (On Sep 08, 2021) All – Time Low $0.01735 $0.00827 (On Mar 13, 2020) ADA Current Market Status (Source: CoinMarketCap) What is Fetch.ai (FET) TICKER FET BLOCKCHAIN Ethereum CATEGORY ERC20 Token LAUNCHED ON March 2019 UTILITIES Governance, Fast Transactions, gas fees & rewards Fetch.ai is a platform that connects devices and algorithms in the Internet of Things (IoT) so that they can learn together. Based on high-throughput sharded ledger, FET provides smart contract functions, realizes machine learning and artificial intelligence solutions, and realizes decentralized problem solving. These open source tools are designed to help users build ecosystem infrastructure and deploy business models. Fetch.ai 24H Technicals (Source: TradingView) Fetch.ai (FET) Price Prediction 2023 Fetch.ai (FET) ranks 139th on CoinMarketCap in terms of its market capitalization. The overview of the Fetch.ai price prediction for 2023 is explained below with a daily time frame. FET/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Fetch.ai (FET) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines. At the time of analysis, the price of Fetch.ai (FET) was recorded at $0.2188. If the pattern trend continues, then the price of FET might reach the resistance levels of $0.2739, and $0.4328. If the trend reverses, then the price of FET may fall to the support of $0.1736. Fetch.ai (FET) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Fetch.ai (FET) in 2023. FET/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Fetch.ai (FET) for 2023. Resistance Level 1 $0.2961 Resistance Level 2 $0.4959 Support Level 1 $0.1746 Support Level 2 $0.1024 FET Resistance & Support Levels Fetch.ai (FET) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (FET) are shown in the chart below. FET/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Fetch.ai (FET) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.2260 Price = $0.2191 (50MA>Price) Bearish / Downtrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 46.80 <30 = Oversold 50-70 = Neutral >70 = Overbought Nearly Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume Fetch.ai (FET) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Fetch.ai (FET) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). FET/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Fetch.ai (FET). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 11.1316 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 57.01 <50 = Low >50 = High High volatility Comparison of FET with BTC, ETH Let us now compare the price movements of Fetch.ai (FET) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs FET Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of FET is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FET also increases or decreases respectively. Fetch.ai (FET) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Fetch.ai (FET) between 2024, 2025, 2026, 2027, 2028, 2029, and 2030. Year Bullish Price Bearish Price Fetch.ai (FET) Price Prediction 2024 $2 $0.13 Fetch.ai (FET) Price Prediction 2025 $3 $0.2 Fetch.ai (FET) Price Prediction 2026 $4 $0.36 Fetch.ai (FET) Price Prediction 2027 $5 $0.45 Fetch.ai (FET) Price Prediction 2028 $6 $0.5 Fetch.ai (FET) Price Prediction 2029 $7 $0.67 Fetch.ai (FET) Price Prediction 2030 $8 $0.8 Conclusion If Fetch.ai (FET) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Fetch.ai (FET) price prediction for 2023 is $0.4959. Comparatively, if unfavorable sentiment is triggered, the bearish Fetch.ai (FET) price prediction for 2023 is $0.1024. If the market momentum and investors’ sentiment positively elevates, then Fetch.ai (FET) might hit $1. Furthermore, with future upgrades and advancements in the Fetch.ai ecosystem, FET might surpass its current all-time high (ATH) of $1.19 and mark its new ATH. FAQ 1. What is Fetch.ai (FET)? Fetch.ai open, permissionless, decentralized machine learning network with a crypto currency is being built by the AI lab. 2. Where can you buy Fetch.ai (FET)? Traders can trade Fetch.ai (FET) on the following cryptocurrency exchanges such as Binance, Bybit, Bitrue, BitMart, and LBank, and so on. 3. Will Fetch.ai (FET) record a new ATH soon? With the ongoing developments and upgrades within the Fetch.ai platform, Fetch.ai (FET) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Fetch.ai (FET)? Fetch.ai (FET) hit its current all-time high (ATH) of $1.19 on September 08, 2021. 5. What is the lowest price of Fetch.ai (FET)? According to CoinMarketCap, FET hit its all-time low (ATL) of $0.00827 on March 13, 2020. 6. Will Fetch.ai (FET) hit $1? If Fetch.ai (FET) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon. 7. What will be the Fetch.ai (FET) price by 2024? Fetch.ai (FET) price might reach $2 by 2024. 8. What will be the Fetch.ai (FET) price by 2025? Fetch.ai (FET) price might reach $3 by 2025. 9. What will be the Fetch.ai (FET) price by 2026? Fetch.ai (FET) price might reach $4 by 2026. 10. What will be the Fetch.ai (FET) price by 2027? Fetch.ai (FET) price might reach $5 by 2027. Top Crypto Predictions Cardano (ADA) Price Prediction 2023 Dogecoin (DOGE) Price Prediction 2023 Bone Shibaswap (BONE) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
Dogecoin (DOGE) finds itself at a critical juncture. The $0.06 support level, a longstanding stronghold for buyers since early June, now faces increasing selling pressure that could potentially send DOGE sinking below this key level. Support and resistance zones, like the $0.06 mark, are pivotal in assessing the direction of price movements in the crypto world, as they often dictate the market sentiment. In recent months, DOGE has weathered a bearish trend, but this vital support level has managed to hold firm and mitigate the extent of the downtrend. Nevertheless, multiple retests of the support zone have raised concerns about DOGE’s weakening structure, signaling an opportunity for bears to capitalize on the situation. Dogecoin Price And Technical Indicators As of the latest data from CoinGecko, DOGE is currently trading at $0.061140, showing a modest 0.4% gain over the last 24 hours but a 1.2% dip over the past seven days. Two technical indicators, the On Balance Volume (OBV) and the Relative Strength Index (RSI), provide further insight into the market’s dynamics. The OBV, which had been on an uptrend in October, has recently exhibited a drop in trading volume. This decline suggests that selling pressure has intensified in the past few hours, causing concern among investors. The RSI, another crucial indicator, has dipped below the neutral 50 level, reaffirming the presence of selling pressure. These developments put DOGE at a pivotal crossroads, with both short-term bullish and bearish scenarios in play. According to a price report, if buyers can successfully defend the $0.06 support level, DOGE could see a short-term target range of $0.064 to $0.067. However, if sellers manage to breach this critical support, their near-term target becomes $0.055, potentially deepening the bearish sentiment. Market Volatility Vs. Derivatives Trading In addition to the price fluctuations, the Dogecoin market has been marked by considerable volatility lately. Yet, despite the turbulence, new derivatives traders have remained conspicuously absent. DOGE’s futures Open Interest (OI) has been hovering in the $232 million to $222 million range for the past week. Typically, rising open interest indicates an influx of new capital into the market, which often solidifies prevailing trends. However, the current trend suggests trader indifference, possibly due to the uncertainty surrounding DOGE’s immediate future. Traders should closely monitor whether the current key support can withstand the pressure, and the OBV and RSI indicators provide essential insights into the evolving market dynamics. The next few days will be crucial in determining whether DOGE can regain its bullish momentum or succumb to further bearish pressure. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Tuttnauer
 
The price of bitcoin is having trouble breaking over the $27,800 range. Bitcoin has historically fared well in the month of October during the last decade. According to market researcher Rekt Capital, there is one more significant downturn on the cards before the next halving occurs, since Bitcoin’s price behavior in 2015 and 2019 both indicated substantial falls at this time. In a follow-up post, the analyst said that he intends to dollar-cost-average into Bitcoin for the duration of the Pre-Halving time frame, anticipating a parabolic upward move immediately after the halving. Bitcoin has historically fared well in the month of October during the last decade. Bitcoin’s value rocketed by 39.93% in 2021, after a significant gain of 27.7% in 2020. Looking back even farther to October of 2017, we see a positive spike of 47.81% at month’s end. Bulls Striving Hard At the time of writing, BTC is trading at $27,630, up 0.17% in the last 24 hours as per data from CMC. Moreover, the trading volume is up 10.88%. Despite the recent pullback, the price is up 2.03% in the last 7 days and 7.46% in the last 30 days. Source: CoinMarketCap The price of bitcoin is having trouble breaking over the $27,800 range. After a downward correction, bitcoin price tried a new rise from the $27,200 support area. Bitcoin (BTC) has climbed back over the $27,500 resistance level at the time of writing. If the price manages to go past $27,800 level then it will likely test $28,500 resistance level. If bulls could drive the price above this level then it will likely test the $30,490 area. On the other hand, if price breaks below $27,280 level, then it will likely decline and test $26,070 support level.
 
Ripple’s Chief Technology Officer (CTO), David Schwartz, has always been quick to come to the defense of the crypto firm and its technology. This time, he has defended Ripple developers implementing a newly proposed ‘Clawback’ feature on the XRP Ledger (XRPL). Why The Clawback Feature Is Necessary In a tweet shared on his X (formerly Twitter) platform, Schwartz mentioned that while initially having reservations about the feature as he felt it was “redundant,” he later realized its importance as it differed from the existing freeze feature. As the name suggests, the Clawback feature allows a token issuer to “claw back” tokens when there is fraudulent activity or for recovery purposes, like when a user loses access to their account. Related Reading: Bitcoin Investment Strategy: Analyst Sets Hefty Exit Price He noted that the clawback feature was primarily to be used to fulfill legal obligations, as in the case of a stablecoin issue fulfilling their redemption obligations or where a court order necessitates the need to use such a feature. From this premise, he explained that this feature ensures that this event is represented on the ledger, unlike the freeze feature, which doesn’t highlight why an asset was frozen. As such, this latest feature allows for better accountability and makes audits less complex. Furthermore, he mentioned that the freeze feature was more of a “nuclear” option, unlike the clawback feature, which does less damage and can seen as a viable and probably better alternative. Schwartz reiterated that this clawback didn’t apply to XRP and suggested that it was an option for stablecoin issuers, noting that other “blockchains that have stablecoins on them have some version of this clawback feature” and how it helped solved an accountability problem. XRP Ledger Feature Receives Cold Reception Despite Schwartz’s justification of the feature, many still showed displeasure with it as it undermined the ethos of decentralization and users’ privacy. One X user (@bigcjat) explained that a clawback feature seemed more drastic, unlike the freeze feature, as the former stripped users of their tokens, unlike the latter, where the user still maintained control of his tokens. He went on to quiz whether this token was simply proposed because of the ‘recent partnership’ considering that the feature was never proposed before now. He then suggested that the crypto firm and its blockchain may have been compromised as he stated, “Money taints, even decentralized ledgers. In response, Schwartz stated that, to the best of his knowledge, the driving force behind this feature was to ensure accountability as it would reflect the legal obligation of an issuer. He is not aware of anyone stating that they will only partner with Ripple if the XRPL supports clawback. Other users weighed in on the conversation, with some showing support for the feature, stating that stablecoin issuers needed to implement such a feature. On the other hand, others argued that the clawback feature wasn’t necessary, with a particular user stating that this risk is “akin to being SIM swapped.” Another concern raised is that token issuers could use this feature maliciously, especially when experiencing financial difficulties. That particular user gave an example of FTX being able to claw back their FTT tokens or a stablecoin issuer like Tether clawing back their USDT tokens in the event of financial difficulty. The X user @bigcjat once again came into the conversation and noted that Schwartz’s talks about “legal obligation” only undermine the essence of blockchain technology as there was no need for a ledger if the “actual value” and “rules” were off the ledger. However, Schwartz noted “several benefits” to putting these transactions on the ledger. One of them is that a public blockchain ensures that “the total legal obligations of the issuer can be completely public in a verifiable way.” The clawback feature will still need to be voted on by validators on the XRP Ledger before it becomes implemented. Once implemented, stablecoin issuers must decide to enable it before they can create their tokens on the network.
 
Ethereum’s price struggles to recover from $1,650 and break the $1,670 resistance. ETH current price stands at $1,620, a 1.5% decrease in the last 24 hours and 3% over the week. In the midst of volatile investor sentiment, Ethereum’s technical landscape presents a series of hurdles, including potential trend reversals and critical resistance-support tests. The cryptocurrency recently made an effort to recover from the $1,690 zone, managing to surpass the $1,720 resistance level. However, much like Bitcoin, its upward momentum faced limitations. Ethereum (ETH) Experiences Sharp Decline Ethereum encountered difficulty gaining momentum beyond the $1,670 resistance level, resulting in a peak around $1,648, followed by a subsequent downturn. The price dropped below the $1,620 support level, briefly flirting with the $1,600 mark earlier. Ultimately, it found a bottom at $1,610 and is currently consolidating these losses. Currently, Ethereum finds itself trading below $1,650 and the 100-hourly Simple Moving Average. Moreover, a significant bearish trend line is taking shape with resistance at around $1,630 on the hourly chart of ETH/USD. If the prevailing trend persists, there is a possibility of Ethereum’s price declining further to $1,608 or even plunging to $1,521. To instigate a sustainable recovery, Ethereum must establish a foothold above the $1,650 and $1,750 levels. If a bullish trend materializes, ETH might scale up to $1,975, with further gains potentially opening the doors for a move toward $2,095. On the other hand, Ethereum’s current condition is marked by an oversold status with a reading of 49.43, indicating a possible rebound or correction. Ethereum (ETH) Price Chart (Source: TradingView) At the time of writing, Ethereum is trading at $1,620, marking a 1.5% decline in the past 24 hours and a 3% decrease over the week. Nevertheless, there is a silver lining, as the daily trading volume of Ethereum has witnessed a modest uptick of 14% in the last 24 hours, reaching $5.1 billion. However, the Ethereum blockchain has recently witnessed a notable decrease in transaction fees. According to on-chain analytics firm Santiment, gas fees have dropped to levels not seen in nearly a year. The average cost of settling transactions over the past week hovering at just $1.13. This marks a significant reduction from the peak fees witnessed earlier in May.
 
Toncoin surged 8% in 24 hours, recovering from bearish traps. RSI at 54 indicates a neutral market condition. Toncoin, the native token of the well-known TON blockchain, is currently making significant waves in the crypto market, experiencing a sudden surge of 9% in the past 24 hours, climbing from $1.9682 to $2.12. This recovery comes after a week of downward price movement, during which it faced a 5% decline. One of the most noteworthy developments for Toncoin this month has been its bullish performance, with a 22% surge in value. The catalyst for this surge appears to be Telegram‘s decision to integrate the crypto wallet Ton Space, a move that garnered significant attention and interest from investors. Notably, Telegram’s collaboration with the Ton blockchain was featured prominently in Binance’s Monthly Market Insight Report, where it was described as “stoking the flame of potential mass adoption.” This partnership has undoubtedly added to the positive sentiment surrounding Toncoin. In the last 24 hours, the trading volume of Toncoin has seen an impressive 80% increase, reaching a total of $25 million, indicating renewed investor interest and activity. Where Is the Price of TON Headed? Taking a closer look at Toncoin’s recent price movements, the daily chart suggests a prevailing bullish trend. The 50-day exponential moving average (EMA) currently stands at $1.9732, positioning itself below the current trading price. Additionally, the daily relative strength index (RSI) is at 54, indicating a neutral market condition. Many traders maintain an optimistic outlook for Toncoin, with expectations of potential gains that could push it into the range of $2.4185 to $2.6196. However, it’s crucial to exercise caution and remember that a drop below the $1.7749 support level could undermine this bullish outlook, potentially leading to a retest of the $1.5778 support level.
 
Large-scale transactions of Shiba Inu tokens have once again captured the attention of the cryptocurrency community. In a recent announcement by the crypto tracker Whale Alert, a substantial amount of SHIB was observed being transferred from the Amsterdam-based cryptocurrency exchange Bitvavo to an undisclosed blockchain address. The staggering figure of 4,584,530,677,374 SHIB raises intriguing questions about the continued interest of prominent investors in this meme-based cryptocurrency. The transfer, which took place in the early hours of Oct. 5, was meticulously recorded by the Ethereum (ETH) blockchain explorer Etherscan, adding credibility to the transaction’s authenticity. Shiba Inu Whale Transaction Details And Suspicious Timing This development comes just one week after the Shiba Inu development team issued a cautionary statement to its community, urging investors to exercise due diligence and remain cautious of suspicious entities claiming to be affiliated with the SHIB ecosystem. The team emphasized that the mere use of the name “Shibarium,” which denotes the ecosystem’s recently launched layer-2 scaling solution, does not automatically confer legitimacy. Instead, the SHIB team emphasized that all official partnerships and announcements would be exclusively disseminated through the ecosystem’s Discord channel or official blog. Over the past 24 hours, the SHIB community has embarked on a noteworthy endeavor to reduce the circulating supply of SHIB tokens. A substantial quantity, totaling 50,430,344 SHIB, has been intentionally transferred to “dead wallets,” a strategy that effectively reduces the available supply and supports token value. The largest single transaction in this recent burn spree amounted to 10,162,798 SHIB, as reported by the Shibburn tracker. SHIB’s Resilience And Current Market Performance The ongoing efforts by Shiba Inu enthusiasts to burn SHIB tokens have been highly successful. To date, a remarkable 410 trillion-plus SHIB tokens have been deliberately removed from circulation, signaling a concerted commitment to creating scarcity in the market. The resurgence in SHIB activity follows a period of rapid growth in the SHIB ecosystem. Despite recent market fluctuations, SHIB is currently valued at $0.00000720 according to CoinGecko, experiencing a slight 0.9% decline over the last 24 hours and a modest 2.2% dip over the past seven days. These developments in the world of Shiba Inu (SHIB) underscore the resilience of meme-based cryptocurrencies and the unwavering enthusiasm of its community, making it a cryptocurrency to watch closely in the coming weeks and months. Featured image from Channel Futures
 
As the global financial landscape witnesses a seismic shift, reminiscent of the 2008 financial crisis and the dot-com bubble burst, alarm bells are ringing in the bond market, alerting the Bitcoin and crypto market as well. Is A Crash Like 2008 Looming? Renowned Chartered Financial Analyst (CFA), Genevieve Roch-Decter, highlighted the striking parallels in a recent tweet, stating, “I can’t believe I am saying this but the slump in 10-year and 30-year bonds is approaching the epic drops we saw in stocks during the 2008 financial crisis and the dot-com bubble bust.” Bloomberg Surveillance’s Lisa Abramowicz reinforces this grim narrative, pointing out that “bonds maturing in 10 years or more have slumped 46% since peaking in March 2020, just shy of the 49% plunge in US stocks in the aftermath of the dot-com bust. The route in 30-year bonds has been even worse, tumbling 53%.” Onramp, a Bitcoin asset management platform, adds further context by emphasizing the historic nature of the trend. This decline, particularly in bonds with maturities exceeding a decade, harkens back to market downturns like the dot-com bubble collapse. The Federal Reserve’s resolute stance on inflation and a fragile fiscal environment have disrupted the traditional appeal of long-maturity debt, raising questions about the possibility of a debt spiral. The situation is further complicated by the behavior of the yield curve. Historically, an inverted yield curve has foreshadowed recessions. However, the recent correction has seen a rare “bear steepener,” marked by rising long-term yields. This phenomenon, seen in the past before recessions, raises concerns of an impending economic downturn. “While some question the yield curve’s reliability as a recession indicator, the current bear steepening suggests that an economic downturn could be imminent. This is particularly concerning given the Fed’s ongoing commitment to restrictive monetary policy, making the situation ripe for potential market volatility and economic uncertainty, “ Dylan LeClair from Onramp notes. Meanwhile, Barclays’ analyst Ajay Rajadhyaksha suggests that only a stock market crash could halt the bond market’s decline. Unlike previous cycles, traditional bond backstops are dwindling, with the Fed shifting from a net buyer to a net seller, and foreign institutional buying slowing. This highlights the stark disconnect between equity valuations and long-end bond rates, with stocks having significant room for devaluation before bonds stabilize. And if stocks crash, Bitcoin and crypto could be just as affected. Impact On Bitcoin And Crypto The turmoil in the bond market has far-reaching implications, including its impact on Bitcoin and crypto. Remarkably, the crypto market has never experienced such a situation, but there are general observations of how risk assets have reacted in such environments in the past. First, rising treasury yields make risk-free returns more attractive, potentially prompting some investors to reallocate capital from risk assets like Bitcoin and crypto to treasury bills. This shift could decrease demand, putting downward pressure on their prices. Moreover, a sharp rise in 10-year Treasury yields can signal a tighter monetary policy, weighing on risk assets. Higher yields also mean higher borrowing costs, which can impact crypto. When interest rates rise, non-interest-bearing assets like Bitcoin may seem less attractive compared to yield-bearing assets. A significant increase in Treasury yields can also lead to reduced liquidity in other financial markets, such as the Bitcoin and crypto space. Institutional investors facing liquidity constraints may liquidate more liquid assets like BTC and altcoins causing potential price declines. Lastly, sharp yield increases can create volatility across various asset classes as investors seek to reduce risk or cover losses elsewhere. Bitcoin and crypto are highly influenced by market sentiment and speculative behavior. The market’s interpretation of rising yields can sway investor behavior, impacting crypto prices. Accordingly, Charles Edwards, founder of Capriole Investments, recently predicted: At press time, BTC traded at $27,576.
 
Cardano (ADA) has been on a rollercoaster ride in the cryptocurrency market, with its recent price recovery rally encountering some significant challenges. As of the latest data from CoinGecko, ADA is trading at $0.261, showing a modest 1.7% gain in the past 24 hours, but boasting a seven-day rally of 4.9%. However, beneath the surface, there are signs of growing overhead pressure that could limit ADA’s upward momentum. ADA’s journey to reclaim its previous highs faces its first major hurdle at the $0.26 mark. But this is just the beginning, as multiple layers of resistance lie above it, signifying significant supplier congestion levels. The price recovery may be stalling due to these formidable barriers. Cardano: Key Insights To gain a deeper understanding of ADA’s current price dynamics, we turn to a new price analysis. Data reveals a crucial level of buying interest at $0.25. In fact, over 600,000 ADA buy limit orders are placed at this level. This suggests that if ADA can breach the range-high and the 50-day Exponential Moving Average (EMA), it might find support around the mid-range of $0.25. On the sell side, key sell limit orders start to emerge between $0.265 and $0.270, indicating that there is substantial selling pressure just above the current price levels. The fate of ADA’s price also hinges on Bitcoin’s performance. Should Bitcoin post losses and dip below $27,500, ADA could follow suit, potentially finding support at the mid-range of $0.25. Conversely, a bullish rally in Bitcoin could set the stage for ADA to re-target its next hurdle at $0.28. Technical Indicators Signal Caution Technical indicators are also raising caution flags for ADA investors. The Relative Strength Index (RSI) is currently below the 50 level and trending downward, indicating fading momentum. Furthermore, the Awesome Oscillator (AO) remains in negative territory, signaling a lack of bullish sentiment. Descent To Range Low Likely Considering the current market conditions and technical indicators, analysts are leaning towards a bearish outlook for Cardano’s price. There is a possibility that ADA could descend to test the support floor at $0.2415. In a worst-case scenario, the price could plummet further, potentially reaching the range low of $0.2200, marking a substantial 15% drop from its current levels. While Cardano has shown resilience with its recent gains, the road ahead is riddled with resistance levels, and Bitcoin’s influence remains a significant factor. Investors should closely monitor the developments in ADA’s price, as it navigates through these challenging market conditions. The cryptocurrency landscape is as unpredictable as ever, and ADA’s journey is far from certain. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from
SINGAPORE–(BUSINESS WIRE)–Vyvo Smart Chain (VSC), a HealthFi ecosystem that leverages Web3 technology to promote positive lifestyle habits, today announced the listing of its native utility coin, $VSC, on premier cryptocurrency exchange, MEXC. The addition of the $VSC coin on MEXC advances Vyvo Smart Chain’s mission to empower individual wearable technology users with agency over their personal health data. Through its HealthFi ecosystem, Vyvo Smart Chain promotes and rewards positive lifestyle habits through health data monetization. “We’re thrilled to announce MEXC’s listing of $VSC,” said Fabio Galdi, Vyvo Smart Chain Co-Founder & CEO. “With its dedication to high-level security and user-friendliness, MEXC is recognized as one of the most trusted exchanges in the space. We’re excited to offer active users additional avenues to interact with our native coin and leverage its utility within our VSC ecosystem. We are honoring our commitments to our community to expand the scope, scale, and integrity of our project.” While the healthcare data market value sat at $26.7 billion in 2022, the market valuation is expected to reach $122 billion by 2030 – a compound annual growth rate of 23.12%. Although several factors influence the growth trajectory of the healthcare data market, the impact of wearable technology cannot be overstated. The ability of wearable technology to track patient data is known to help doctors better understand their patients’ overall health and a major reason why the wearable technology market already standing at 1.1 Billion IoT devices as of 2023 is expected to experience a compound annual growth rate of nearly 15% by 2030. Despite the fact that collected user health data delivers health corporations valuable analytics, the ways in which the data is collected from users is cause for concern. The overwhelming majority of wearable technology users are unaware that their data is actively mined and sold, not to mention that users are in no way rewarded for the collected data. Vyvo Smart Chain delivers a platform that leverages blockchain technology for the management of personal health data in a trustless, anonymous, and permissionless manner to provide users greater control and privacy over their wearable health and wellness data. “We believe users alone own their data and its value, and they alone should determine who – and if – their data is shared,” added VSC Foundation Co-Founder & COO Mariana Krym. “At Vyvo Smart Chain, we’re setting a new standard for users to protect, own, manage, and monetize their most valuable data: their health. We’re confident Web3 represents the future of digital health data ownership.” To interact with the $VSC coin on the MEXC exchange, visit: mexc.com. For more information about Vyvo Smart Chain, its HealthFi ecosystem, and its approach to empowering users to own their health data, please see: vyvo.com. Follow along on X, and join the conversation on Discord and Telegram. About Vyvo Smart Chain (VSC) VSC is a newly released purpose-chain. VSC is a HealthFi ecosystem built on Vyvo Smart Chain and supported by the VSC Foundation which promotes and rewards positive lifestyle habits through health data monetization while ensuring data privacy. VSC strongly believes that people should own their own health data and its value. Contacts Media Contact [email protected]
 
Bitcoin price is struggling to rise above the $27,800 resistance zone. BTC could extend its decline if there is a clear move below the $27,200 support zone. Bitcoin is struggling to start a fresh increase above the $27,800 resistance zone. The price is trading below $27,700 and the 100 hourly Simple moving average. There was a break below a key rising channel with support near $27,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if there is a close below the $27,200 support. Bitcoin Price Faces Uphill Task Bitcoin price attempted a fresh increase from the $27,200 support zone after a downside correction. BTC managed to recover above the $27,500 resistance zone. The price climbed above the 50% Fib retracement level of the downward move from the $28,565 swing high to the $27,189 low. However, the bears remained active near the $28,000 resistance zone. The price struggled to settle above the $27,850 level. Bitcoin got rejected near the 61.8% Fib retracement level of the downward move from the $28,565 swing high to the $27,189 low. It saw a fresh decline below $27,500. Besides, there was a break below a key rising channel with support near $27,650 on the hourly chart of the BTC/USD pair. The bulls are now protecting the $27,200 support zone. It is trading below $27,700 and the 100 hourly Simple moving average. Source: BTCUSD on TradingView.com Immediate resistance on the upside is near the $27,650 level. The next key resistance could be near the $28,000 level. A close above the $28,000 resistance could start another increase. In the stated case, the price could rise toward the $28,500 resistance. Any more gains might call for a move toward the $29,200 level. More Losses In BTC? If Bitcoin fails to continue higher above the $27,800 resistance, there could be more losses. Immediate support on the downside is near the $27,400 level. The next major support is near the $27,200 level. A downside break and close below the $27,200 level might push the price further lower toward $26,800 in the near term. The next support sits at $26,200. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $27,400, followed by $27,200. Major Resistance Levels – $27,800, $28,000, and $28,500.
 
Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,645 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,650 and $1,665 resistance levels. Ethereum Price Grinds Lower Ethereum attempted a recovery wave from the $1,630 zone. ETH climbed above the $1,650 resistance level but upsides were limited, like Bitcoin. The price struggled to gain pace for a move above the $1,665 resistance level. A high was formed near $1,654 and the price reacted to the downside. It declined below the $1,620 support and even traded close to the $1,600 level. A low is formed near $1,607 and the price is now consolidating losses. Ethereum is now trading below $1,650 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance near $1,645 on the hourly chart of ETH/USD. On the upside, the price might face resistance near the $1,630 level. It is close to the 50% Fib retracement level of the recent decline from the $1,654 swing high to the $1,607 low. The next major resistance is $1,650, the trend line, and the 100-hourly Simple Moving Average. The trend line is close to the 76.4% Fib retracement level of the recent decline from the $1,654 swing high to the $1,607 low. A close above the $1,650 resistance might send the price toward the key resistance at $1,665. Source: ETHUSD on TradingView.com To start a steady increase, Ether must settle above the $1,650 and $1,665 levels. The next key resistance might be $1,720. Any more gains might open the doors for a move toward $1,750. More Losses in ETH? If Ethereum fails to clear the $1,650 resistance, it could continue to move down. Initial support on the downside is near the $1,610 level. The next key support is $1,600. The first major support is now near $1,585. A downside break below the $1,585 support might start another strong decline. In the stated case, the price could decline toward the $1,540 level. Any more losses may perhaps send Ether toward the $1,500 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,585 Major Resistance Level – $1,665
 
BNB price (Binance coin) is still struggling to clear the $220 resistance against the US Dollar. The price could decline heavily below the $210 and $202 support levels. Binance coin price is slowly moving lower from the $220 resistance against the US Dollar. The price is now trading below $215 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $214.5 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might accelerate lower if it breaks the $210 support level. Binance Coin Price Remains At Risk This past week, BNB price attempted a recovery wave above the $210 level. The price was able to clear the $215 resistance zone. However, it failed to clear the $220 resistance. There was a fresh decline in BNB, like Bitcoin and Ethereum. The price declined below the $215 support level. The bears pushed the price below the 50% Fib retracement level of the upward move from the $207 swing low to the $221 high. Besides, there was a break below a key bullish trend line with support near $214.5 on the 4-hour chart of the BNB/USD pair. The price is now trading below $215 and the 100 simple moving average (4 hours). It is consolidating near the 76.4% Fib retracement level of the upward move from the $207 swing low to the $221 high. If there is a recovery wave, the price could face resistance near the $213 level and the 100 simple moving average (4 hours). Source: BNBUSD on TradingView.com The next resistance sits near the $215 level. A clear move above the $215 zone could send the price further higher. In the stated case, BNB price could test the main resistance at $220-$222. A close above the $222 resistance might set the pace for a larger increase toward the $250 resistance. More Losses in BNB? If BNB fails to clear the $215 resistance, it could start another decline. Initial support on the downside is near the $210 level. The next major support is near the $207 level. If there is a downside break below the $207 support, the price could drop toward the $202 support. Any more losses could initiate a larger decline toward the $165 level. Technical Indicators 4-Hours MACD – The MACD for BNB/USD is gaining pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $210, $207, and $202. Major Resistance Levels – $215, $220, and $222.
 
Ledger had around 734 workers at the time of publishing, according to data from LinkedIn. The development occurred around 7 months after Ledger secured a $109M fundraising round. Pascal Gauthier, CEO of Ledger, a producer of hardware crypto wallets, has announced a 12% reduction in employees. In a blog post published on October 5th, Gauthier said that layoffs had been made “for the longevity of the business” by noting the 2022 bear market and the failure of companies like FTX and Voyager Digital. Ledger had around 734 workers at the time of publishing, according to data from LinkedIn; this suggests that about 88 individuals may have lost their employment. Painful Choice The CEO said that the company will be cutting jobs throughout the world because “macroeconomic headwinds” were making it difficult to make a profit. Because of this, the firm had to make the painful choice to cut 12% of positions at Ledger. The development occurred around 7 months after Ledger secured a fundraising round of about $109 million, which valued the company at $1.4 billion. Ledger enabled cryptocurrency purchases by verified PayPal users in the United States in August after the company merged its Live software with PayPal. Amid a volatile market and shifting regulations in the United States, several cryptocurrency companies have announced widespread layoffs. Brian Shroder, president and CEO of Binance.US, departed the company in September, along with over one hundred other workers. A number of companies have announced layoffs for 2023. Moreover, Chainalysis, a blockchain analytics business, has recently reduced its workforce by 15%. Highlighted Crypto News Today: Ripple Earns Distinction as a Leading Innovator in Digital Assets
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