Kategorie: Führung

Overview

• The world is still grappling with the COVID-19 pandemic, and experts have warned that another lockdown may be necessary if the situation worsens.
• If that happens, some cryptocurrencies could see a surge in demand and value as people turn to digital assets for a store of value and means of exchange.
• This article explores why Dogecoin (DOGE), RenQ Finance (RENQ), and Cardano (ADA) could be good investments in the event of another lockdown.

Dogecoin (DOGE)

Dogecoin is a popular meme coin created in 2013 which saw a sudden surge in value after Elon Musk’s tweet in 2021 reaching $0.73 per DOGE. Initially created as a joke, DOGE has become popular for international transfers and currently holds a market cap of $9.9 million. In the event of another lockdown, its popularity and accessibility could make it an attractive investment option for those seeking entertainment or potential profit.

RenQ Finance (RENQ)

RenQ Finance is a decentralized finance platform that provides liquidity solutions for the crypto market using advanced AI technology to give users the best possible price for their assets. Features such as staking, lending, and borrowing are also available on RenQ Finance’s platform, making it an appealing investment option for those looking to diversify their portfolio in case of another lockdown.

Cardano (ADA)

Cardano is an open source blockchain platform launched in 2017 which features smart contracts functionality and uses ADA as its native cryptocurrency token. It has been gaining attention due to its focus on scalability, sustainability, interoperability, security, and governance features – making it advantageous when compared to other DeFi projects already out there on the market today. In case of another lockdown scenario where digital assets gain prominence over traditional financial systems ADA could prove to be one of the most lucrative investments available at this time due to its impressive featureset compared to other competitors out there right now.

Conclusion

The current global situation remains uncertain but if another wave or lockdown occurs then cryptocurrencies such as Dogecoin (DOGE), RenQ Finance (RENQ), and Cardano (ADA) can provide investors with viable options when deciding how best to protect their wealth or generate more income during these difficult times ahead. With all three coins offering different advantages depending on user preference they can each offer something unique which investors should consider when making their decisions about which crypto asset they should invest into during this period of increased volatility

• Shiba Inu (SHIB) has been consolidating around the $0.0001 mark with no sign of a breakout yet.
• Technical indicators are predicting a significant price action in the near future, with prices possibly reaching as high as $0.000012 initially.
• The buying pressure is not yet strong enough to propel the SHIB price beyond current levels and bears may take advantage of this weakness.

Shiba Inu Consolidates Around $0.0001

Shiba Inu (SHIB), one of the most popular meme coins within the crypto space, has been consolidating around the $0.0001 mark with no sign of a breakout yet. Despite decent trading volume, prices remain elevated at yearly highs above $0.000015 but have since dropped hard below the crucial level of $0.00001 due to lack of bullish momentum.

Technical Indicators Predicting Significant Price Action

Technical indicators are predicting a significant price action in the near future, with prices possibly reaching as high as $0.000012 initially and then testing higher levels if buyers manage to build up sufficient strength for a sustained rally. Currently, Shiba INU is trading within a symmetrical pennant and is very close to encountering its edge; however, buying pressure has not mounted sufficiently which could lead to bears taking advantage of this weakness and breaking out from the triangle formation downwards.

Average Directional Index (ADX)

The Average Directional Index (ADX) is sliding down while Relative Strength Index (RSI) has rebounded from lows but failed to lay down a strong upswing – both pointing towards an ongoing consolidation period before any major price movement can be seen on either side of the chart.

Pivotal Levels

Taking into account all technical indicators, support sits at $0.00001009/$0.00001030 while resistance lies at $$0.00001180/$0

Overview

• The Blockchain Association has sent Freedom of Information Act (FOIA) requests to the Federal Reserve (the Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), seeking information about the sudden closure of bank accounts held by cryptocurrency companies.
• Reports of debanking of cryptocurrency firms have been increasing, with many companies having their bank accounts closed without notice and without explanation.
• This move follows several recent hostile actions from regulators such as a joint statement issued by banking regulators warning against crypto-assets and a denial of membership application from Caitlin Long’s Custodia Bank due to concerns regarding risks associated with crypocurrency assets.

The Blockchain Association Takes Action

The Blockchain Association, a US-based non-profit trade association for the blockchain and cryptocurrency industry, has sent Freedom of Information Act (FOIA) requests to the Federal Reserve (the Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). Through these requests, they are seeking information about why there has been an increasing exclusion of cryptocurrency companies from traditional financial institutions. The move comes as regulatory scrutiny on cryptocurrencies continue to increase.

Reports Of Debanking Crypto Companies

The reports that cryptocurrency firms are facing exclusion from banking systems have grown more frequent in recent weeks. Several crypto companies have had their bank accounts suddenly closed without any explanation or prior notice. These reports become even more concerning after failures such as those experienced by Silvergate, Silicon Valley Bank and Signature Bank come into play. It appears as though regulators may be taking steps to remove crypto companies entirely from banking systems altogether.

Regulators Take Hostile Actions

In response to this development, regulators began taking hostile actions towards crypto firms starting on 3 January when they issued a joint statement warning about “key risks associated with crypto-assets and crypto-asset sector participants” which could be seen as part of their effort to debank these entities. On 27 January, The Fed issued a statement saying banks cannot conduct “crypto-asset related activities” like issuing or holding cryptocurrencies as a principal which was then applied officially on 7 February despite not following proper rulemaking process. At that same time, The Fed also denied membership application from Caitlin Long’s Custodia Bank citing “concerns regarding heightened risks associated with its proposed cryptoservices” among other reasons.

Blockchain Association Requests Information

In light if these events it is now clear why The Blockchain Association decided it was necessary to take action through sending FOIA requests in order to try get more information out of financial regulators regarding this issue so appropriate measures can be taken against them if needed in order for justice to prevail for those affected by unfair practices by those who are supposed keep our banking system safe but instead use it for personal gains or interests instead .

• The crypto market witnessed a flash sell-off due to news such as the Huobi token (HT) flash crash and Whitehouse intentions to introduce a 30 percent tax on crypto mining electricity.
• Bitcoin price fell as much as 10 percent, resulting in over 130k traders being liquidated.
• Whales are preparing for next year’s halving event which could result in a fresh bull market.

Crypto Market News: Buckle Up for More Volatility Ahead

The crypto market has been met with high-impact news that resulted in a flash sell-off. Over 130k crypto traders have been liquidated, with total liquidations at approximately $393 during the early New York trading session. Notably, Bitcoin price fell as much as 10 percent to trade below $20k.

On-Chain Crypto Market Analysis

According to on-chain analytics firm Santiment, cryptocurrency exchanges led in altcoins transfers, with 58,885,143 Polygon MATIC worth $62.1 million transferred in a single transaction today. Noteworthy is Circle’s USDC emerged as the most sold token followed by Tether USDT and DAI. Additionally, USDC and USDT topped the most purchased tokens according to study by whalestats; WBTC was the third most purchased crypto token indicating possible price manipulation on Bitcoin by centralized exchanges. The most used smart contract included DAI, WBTC, USDC, USDT and LDO in that order including Shiba Inu which ranked seventh indicating a possible layer 2 scaling solution being developed by Shibarium. Lastly AI & ZK coins led in the most traded ecosystems over the past 24 hours.

Whales Activity on Rise

The biggest fear amongst cryptocurrency holders is that last year’s correction is continuing which could push Bitcoin towards $11k but whales are preparing to rake in more assets ahead of next years Bitcoin halving event which could bring forth a fresh bull market if it follows historical patterns.

Whitehouse Taxation Intention

One of the highly impactful news was Whitehouse intentions to introduce a 30% tax on electricity used for crypto mining activities hoping it would add another layer of regulation around cryptocurrencies and blockchain technology .

Huobi Token Flash Crash

Another important news was Huobi token (HT) flash crash where its value decreased from $25 down to just two cents only within minutes before recovering back up again shortly afterwards giving investors quite an uncomfortable scare about their digital assets’ security & stability .

Overview

• Bitcoin (BTC) price continues to trade within the same region around $22,300 flashing the possibility of testing the lower support at $20,000.
• BTC is displaying less volatility while the technicals presently are somewhat neutral but go bearish any moment.
• March is expected to be extremely volatile as multiple macroeconomic indicators like the CPI, Fed rate, etc. may intensify the possibility of a potential growth in the coming years that may mark new highs soon.

Price Movement

Bitcoin has been trading in constant wave patterns since before and if this pattern continues it may slide to the bottom where it can test its lower support of $20,000. After which a catapult action may raise its price to a level close to its target of around $50,000 in a short while from now. The BTC price reached its previous highs again and faced rejection but it still flashes possibilities of going high in coming days due to ‚Inverted head & shoulders‘ pattern on its chart.

Potential Growth

The medium target for Bitcoin (BTC) Price is estimated to be around $40,000-$42,000 which could happen sooner or later. Moreover more than 140K BTC could enter markets which makes March very volatile with multiple macroeconomic indicators like CPI, Fed rate etc., influencing crypto space and intensifying possibilities of potential growth in near future marking new highs soon.

Rejection

Despite BTC price continuing to consolidate it flashes possibilities of going high despite facing rejections when reaching previous highs. The global reversal of BTC price chart can be assumed due to Inverted Head & Shoulders Pattern indicating sideways trend however with possibilities of leaping long reaching higher targets in coming months ahead.

Pressure

BTC Price is also believed to witness extreme pressure that may prevail for entire crypto space if small group traders wish make profits from market making situation more uncertain with time passing by .

Overview of WEWE Global

• WEWE Global is a crypto-centric platform providing products and services accessible to people worldwide.
• The Referral Program allows users to become Independent WEWE Associates (IWA) and build their own business.
• DAO structure allows members to vote on projects, creating a sense of ownership in the community.

Advantages of WEWE Global

WEWE Global offers many advantages for digital entrepreneurs looking to capitalize on their network and earn rewards for their efforts. The platform’s Referral Program allows users to become Independent WEWE Associates (IWA) and build their own business through bonus plans and access third-party products. Additionally, its DAO structure ensures that the platform’s development is community-driven with members proposing projects, voting on them, and having a say in the direction of the platform. Lastly, its innovative crypto-centric products are accessible to people worldwide and can be paid for using various cryptocurrencies such as BTC, ETH, or the WEWE virtual token.

Things To Consider

Before investing money or time into WEWE Global it is important that interested users take the time to educate themselves on the platform’s features, benefits, potential rewards, etc. Becoming an Independent WeWe Associate requires dedication, hard work and a thorough understanding of how the Referral Program works in order to successfully maintain a business venture.

Conclusion

Overall WEWE Global provides an excellent opportunity for crypto users with its wide range of reliable crypto-centric products and services that are available worldwide. Its Referral Program creates ample opportunities for digital entrepreneurs while its DAO structure ensures transparency in their decision making process which keeps up with changing trends in the industry. It is important however that before committing any money or time into this venture that users research thoroughly all aspects associated with it so they can fully understand what they are getting involved in before making any decisions regarding it.

Takeaway

In summary, WEWE Global is a great option for digital entrepreneurs looking to make money through cryptocurrency investments while taking advantage of innovative products available worldwide through its easy-to-use interface. Before investing though it is essential that they research all aspects associated with this venture including understanding how its referral program works as well as any possible risks involved so they can make informed decisions about whether this option is right for them or not prior to commiting resources into it.

• Bitcoin (BTC) recently surged to $25K, sparking signs of a potential bull market this quarter.
• Analysts believe that Bitcoin’s wild price swings are a sign of a bullish and healthy market, while others fear a market crash ahead due to its extreme volatility.
• Bitcoin traders and investors have received a rare and significant buy signal for the cryptocurrency, providing a bullish outlook for the BTC price.

Bitcoin Price Surge Raises Bullish Sentiments

Bitcoin’s 12% surge in a single day has become a debate in the crypto market as it has again sparked signs of a potential bull market this quarter. After witnessing a massive influx of funds near the $21.5K level, the BTC price surged to $25K and made a minor rejection, confusing investors about the upcoming price trend. Market analysts believe that Bitcoin’s wild price swings are indicative of a bullish and healthy market, while others remain concerned about an impending market crash due to its extreme volatility.

Dollar Cost Averaging Indicator Flashes Buy Signal

Bitcoin traders and investors have recently received an extremely rare buy signal from the Dollar Cost Averaging (DCA) indicator for cryptocurrency. This green signal hints at upcoming bullish momentum for BTC prices after pushing it up by 640% during its last bull run in 2020. Cameron Winklevoss, billionaire co-founder of Gemini Exchange also expressed his views on Bitcoin’s remarkable performance and suggested that surpassing the $25K mark is reflective of crypto markets recovering from FTX’s demise.

$25K Level May Reveal Two Scenarios For BTC Prices

The current resistance at the $25K level is playing an important role in determining whether or not there will be further advancement in BTC prices or pullback on them. If there is no further slowdown in Bitcoin’s volatility then it might lead to bearish scenarios with rising short positions over time; however if lows remain low then there could be room for more upside movement which would validate bullish trends for Bitcoin prices heading into 2021.

Possibility Of Bull Market Increase With Positive Fundamentals

Apart from technical analysis being used as an indicator for future prices, positive fundamentals also contribute significantly towards building trust amongst investors which helps fuel further growth within markets like cryptocurrencies – where investor confidence plays such an important role in prices movements over time even more so than traditional markets overall. Furthermore, institutions investing large amounts into cryptocurrencies can also provide strong support functions to increase liquidity and help reduce slippage when entering/exiting positions – both long & short – which may eventually lead to increased buying pressure leading up to reaching new all-time highs sooner rather than later depending on whether or not sentiment remains positive throughout 2021 onwards going forward with additional events potentially helping catalyze such growth even further down the line if all goes well..

Conclusion

In conclusion, it appears that although uncertainty still lingers around what will happen next with regards to Bitcoin’s fate near crucial levels such as 25k USDT being reached – strong fundamentals & technical indicators suggest that there may very well be enough room left for more upside movement over time provided no major shakeups occur within said markets overall; yet only time will tell how things ultimately play out regarding this matter so stay tuned!

• Michael van de Poppe, a renowned cryptocurrency expert, has predicted that Bitcoin could surge to $40,000 by June 2023.
• Technical analysis reveals rising selling pressure, as indicated by the RSI and MACD indicators.
• If Bitcoin surpasses the $23,200 level, it may reach as high as $23,500.

Michael van de Poppe Predicts Bitcoin Price To Surge More Than 50%

Cryptocurrency expert Michael van de Poppe has reemphasized his prediction of an imminent massive surge for the leading cryptocurrency Bitcoin. Currently trading above a crucial level of $22,726 and with increased trading activity in Bitcoin signaling a growing momentum in favor of bulls, Van de Poppe believes that breaking through the resistance level of $23,200 will drive the price to reach up to $40k by June 2023.

Technical Analysis

With a market capitalization of $438.2 billion and technical analysis revealing rising selling pressure indicated by RSI and MACD indicators, there is potential for Bitcoin’s price to fall below its current level and experience a further decline to an estimated target of $22,100. The 50-day exponential moving average suggests that bitcoin may face resistance near $23,250 despite the overall bullish trend.

Potential For A Drop To Extract Liquidity

Van de Poppe acknowledges that there is potential for a drop to extract liquidity but believes this could provide a favorable buying opportunity if it does occur. As such investors should keep an eye on any potential pullback from current prices as it could be indicative of an upcoming surge higher towards the predicted levels.

Trading Volume & Market Capitalization

Bitcoin currently has a trading volume of $40.7 billion and has experienced a 2% decrease in value over the past 24 hours. With its position as number one cryptocurrency maintained due to its market capitalization at $438.2 billion investors should take note of these key figures when considering investing into this asset class moving forward.

Conclusion

Overall sentiment surrounding Bitcoin remains positive despite some short term volatility being seen recently with Van de Poppe predicting an imminent surge above $40k if certain conditions are met over the coming months indicating growth within this asset class going forward potentially providing lucrative investment opportunities for those who take advantage early on

• Bitcoin Bulls are aiming to seize control of the market.
• Analyst George Tung predicts a 150% price pump before July, similar to what was seen in 2019.
• Market conditions suggest that Bitcoin may reach $25,000 with some roadblocks along the way.

Bitcoin Bulls On Fire

The last few weeks have seen an increasing number of Bitcoin bulls aiming to gain control of the market; however, a major price pump has yet to be seen. Analyst George Tung has forecasted that the price of Bitcoin will skyrocket by 150% in the next three to four months, taking it to a total of $50,000 – similar to what was seen in 2019 when Bitcoin’s price went from $3,600 to $14,000 in only a few short months.

Bullish Dominance

The fact that Bitcoin was able to recover after hitting the $22,800 support level suggests that bulls are buying declines at this level, and if successful could take it up over $25,000. Its relative strength index (RSI) is currently in the overbought zone and further increases may trigger stops for some short-term traders resulting in its decline down to $21,480.

Predicted Price Pump

George Tung believes that 2023 is showing tendencies similar to those seen in 2019 and he is confident that there will be a large increase before July as there was back then. The current market conditions suggest that bitcoin may reach this milestone with some roadblocks along the way.

Risks Involved

It is likely that the price of bitcoin will face several challenging obstacles on its way up and any break and closure below its 20-day exponential moving average of $22,279 would signal weakness in the market which could cause it to fall back down again.

Conclusion

As cryptocurrencies continue their rise within mainstream markets speculation continues around potential prices for popular tokens such as Bitcoin; however caution should be taken as risks remain high even with experts predicting large pumps before July this year.

• Bitcoin price is consolidating heavily along $23,000 for an extended period, potentially allowing the bulls to accumulate more gains and push the price beyond $24,000 soon.
• Ethereum price slipped below $1600, which could indicate the revival of the bearish trend and prolonged consolidation phase.
• XRP price has been displaying immense strength, sticking to crucial levels at $0.41 for more than a week.

Crypto markets have been experiencing a period of consolidation, with Bitcoin (BTC) price levels hovering around $23,000 for nearly a week now. As the bulls attempt to accumulate more gains, they hope to eventually break through the $24,000 mark. Meanwhile, Ethereum (ETH) price has been slipping below the $1600 mark, which could indicate the revival of the bearish trend and a stretched consolidation phase. On the other hand, XRP has been demonstrating immense strength, with the price sticking to the crucial levels at $0.41 for more than a week.

Analyzing the technical indicators, the Relative Strength Index (RSI) is displaying a bearish divergence while the Moving Average Convergence Divergence (MACD) is hinting at a bearish crossover. This could mean that the BTC price may face a minor rejection during the weekend, potentially triggering a bullish close for the month ahead. However, the volatility of the asset has been reduced significantly, with both the possibility of rising beyond the interim resistance at $24,400, and plunging below $21,800 looming in the horizon.

The upcoming weekend could turn the tides for the BTC price and any of the two targets may be achieved. While a bearish outcome is more likely, with the potential to send the price below $21,000, the following week may bring more clarity to the situation. Ethereum has also seen a similar pattern, with the price slipping below $1600, which could be an indication of the revival of the bearish trend. But the XRP price continues to show immense strength, staying at the crucial levels of $0.41 for an extended period.

Overall, the crypto market is in a state of consolidation, with both bullish and bearish forces at play. The bulls are trying to break through the $24,000 mark, while the bears are attempting to drag the price below $21,000. The upcoming weekend could provide further insight into the situation, with the potential for either of the two scenarios to be achieved. Either way, it is essential to keep a close eye on the technical indicators and be prepared for any unexpected market movements.