Posts

Showing posts with the label watch

Crypto awaits tonight’s Biden vs. Trump TV debate — where to watch

Joe Biden and Donald Trump will debate tonight in Atlanta for a 90-minute national television broadcast. CNN’s Jake Tapper and Dana Bash will moderate the debate, which begins at 9 pm ET. There will be no live audience. Between two scheduled commercial breaks, both men are expected to answer questions about a wide range of topics, perhaps including their stances on crypto. Three topics are particularly salient for the first presidential debate of the 2024 election season. First, voters are interested in their views on a central bank digital currency (CBDC), which would affect the economy, the dollar itself, the Federal Reserve, and Treasury agencies like the US Mint, the IRS, or The Office of Foreign Assets Control (OFAC). Second, voters want to hear about crypto regulation, including laws regarding criminal enforcement, SEC oversight, self-c US tody, mining, and coin privacy services. Lastly, voters are curious about their stance on crypto businesses, including job creatio...

Brace for a breakout: Solana key support and resistance levels to watch

Image
Solana (SOL) is poised for more aggressive moves once it breaks out from its current consolidation period. On that note, there are key support and resistance levels that Solana investors and traders should watch moving forward. Technical analysis on the SOL/USD daily price chart shows Solana trading at $159 without a clear direction. This is slightly below the 30-day exponential moving average of $162, another key level to watch for both support and resistance insights. Notably, the most popular Ethereum (ETH) competitor has kept a 2-month price range between $138 and $175. These make key support and resistance levels for Solana, although four deviations occurred—three downwards and one upwards. Picks for you ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools 1 hour ago ...

Here’s why you should closely watch these 2 cryptocurrencies

Image
The overall cryptocurrency market is experiencing sustained short-term buying pressure, with most digital assets endeavoring to recover from recent losses. While Bitcoin (BTC) garners much attention as it aims to reclaim the $65,000 resistance, altcoins are also attracting significant interest. In light of this, Finbold has identified two crypto currencies worthy of monitoring. These crypto currencies are notably influenced by significant on-chain developments and metrics, which will likely impact their prices amid the prevailing bullish sentiments. Solana (SOL) Following the ongoing rally, Solana (SOL) aims to surpass the crucial $150 resistance zone, which is pivotal in achieving another record-high price. Undoubtedly, the decentralized finance (DeFi) platform continues to be the activity center. Picks for you Legendary trader predicts Bitcoin price will 'pump' if this pattern plays out 54 mins ago 'Wild swing': Jack Dorsey's company stoc...