OK: Found an XML parser.
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Example Output

Channel: Dispensary Business News

RSS URL:

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      ["title"]=>
      string(101) "Ethereum Meta, the cryptocurrency that gave profits of 15000000% but is a scam – Infotechnology.com"
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Bitcoin and the rest of the cryptocurrencies fall sharply, but there is a digital currency that does not stop giving profits to its investors. Is about Ethereum Meta, a virtual currency trading at US$0.0001526 and gave gains of 15,171,200% in the last seven days.

It was built on top of the popular Ethereum smart contract network and promises “direct anonymous payments between parties”. As read on the project’s official website, Ethereum Meta transactions are totally private and coexist with “normal, non-anonymous” Ethereum transactions.

“Each user can convert non-anonymous coins (ethers) into anonymous coins, which we call Ethereum Meta. Users can send Ethereum Meta to other users and split or merge Ethereum Meta they own in any way that preserves the total value. Users can also convert Ethereum Meta back into regular Ether, obfuscating any possible traceability,” explains the cryptocurrency project.

To access Ethereum Meta and be able to buy the cryptocurrency, you need to have an Ethereum wallet like MetaMask, Proxy Wallet, Eidoo, MyEtherWallet, Parity, Ethereum Wallet Mist y ImToken.

However, there is fine print: users are denouncing that they cannot sell and take the astronomical profits that crypto gave.

Is Ethereum Meta a scam?

According to the platform “Is this coin a scam?” that is in charge of analyzing projects automatically and gives them a score according to their transparency, Ethereum Meta is an unsafe cryptocurrency.

Fuente: Is this coin a scam?

Some users on the page recounted their experience in the first person and said that they invested in the digital currency but that they still cannot withdraw their earnings from their virtual wallets.

“I bought this coin – which has no utility – and spent $700 through Coinbase. Two days later, I had $480,000 and was very happy. A few minutes later, I saw that I had $2,800,000 and I was shocked and quickly changed to collect. However, I got the worst disappointment: it cannot be sold”comments one.

“Don’t invest in this cryptocurrency, it can’t be sold when the price goes up. I have a confirmed big successful transaction showing that I exchanged this digital currency for another one but all my money disappeared and never showed up,” says another anonymous user.

“I wish this type of cryptocurrency would disappear from exchanges and Coinmarketcap. It’s cruel to see a million dollar profit in a wallet but not be able to take the profit,” concludes a third user.

How to spot a fake cryptocurrency?

Before acquiring a cryptocurrency, several points must be analyzed: on the one hand, you must follow its market capitalization and on the other hand, visualize the movements in the trading volume. It is possible to follow these two figures through platforms such as Coinmarketcap.

On the other hand, when doing fundamental analysis of, for example, a traditional company, investors can learn about the purpose, have more information about the business model and the mission behind the firm.

In cryptocurrencies, there is something similar: each of the projects has behind it a founding declaration, a kind of “road map” that details who created that cryptocurrency, who invested in the project, what is the value proposition, who does the audit of the blocks of the blockchain (which are public), in which digital exchange houses they are listed, among other variables. It is important that all investors soak up this information before making an investment of their capital.

In the case of “meme” cryptocurrencies, the projects behind them are usually not 100% serious, for this reason, they are called this way.

Finally, it must be considered that the legal status depends on each particular token and, in some cases, the launches of this type of “memecoins” could be fraudulent and illegal.

MEMECOINS: HOW TO MAKE PROFITS?

A question that people have is “how do I know when to sell a cryptocurrency so as not to lose money?”. On platforms like Tradingview, experts post his technical analysis on different cryptocurrencies and they also make projections about their future prices.

If you search Tradingview for the name of the cryptocurrency, you can find predictions on when the price will hit a new high so you can know when to sell.

In addition, expert traders recommend setting a maximum profit to sell the cryptocurrency and not getting greedy with returns, because it can drop suddenly and investors can lose everything as the risk in this type of investment is high.

PUMP AND DUMP: THE DANGEROUS TECHNIQUE BEHIND MEME CRYPTOCURRENCIES

The words “pump and dump” refer to a market manipulation technique in which a group of investors pump up a cryptocurrency (or any investment) in their favor.

financial concepts “pump” Y “dump” they are used to refer to when the markets, a company, financial company, group of investors or whales (people who have a large amount of cryptocurrencies and therefore their transactions generate an impact on the price of a digital asset) manipulate the price of an asset to generate exponential profits or also when investors they go out to massively sell an asset to generate a price drop, causing other investors to lose money.

When thousands of people widely invest in an asset because they trust the meme cryptocurrency, it impacts the market and generates more liquidity. This stage is known as “pump”.

When people trust in the investment, the big investors do “dump”, that is, they sell massively and the price drops dramatically.

This “pump and dump” behavior is often repeated in cryptocurrency memes. For this reason, it is recommended to be careful when investing capital since it is a very high risk investment.

We wish to thank the author of this post for this awesome content

Ethereum Meta, the cryptocurrency that gave profits of 15000000% but is a scam – Infotechnology.com

" } ["summary"]=> string(752) "Bitcoin and the rest of the cryptocurrencies fall sharply, but there is a digital currency that does not stop giving profits to its investors. Is about Ethereum Meta, a virtual currency trading at US$0.0001526 and gave gains of 15,171,200% in the last seven days. It was built on top of the popular Ethereum smart contract ... Read more" ["atom_content"]=> string(7787) "

Bitcoin and the rest of the cryptocurrencies fall sharply, but there is a digital currency that does not stop giving profits to its investors. Is about Ethereum Meta, a virtual currency trading at US$0.0001526 and gave gains of 15,171,200% in the last seven days.

It was built on top of the popular Ethereum smart contract network and promises “direct anonymous payments between parties”. As read on the project’s official website, Ethereum Meta transactions are totally private and coexist with “normal, non-anonymous” Ethereum transactions.

“Each user can convert non-anonymous coins (ethers) into anonymous coins, which we call Ethereum Meta. Users can send Ethereum Meta to other users and split or merge Ethereum Meta they own in any way that preserves the total value. Users can also convert Ethereum Meta back into regular Ether, obfuscating any possible traceability,” explains the cryptocurrency project.

To access Ethereum Meta and be able to buy the cryptocurrency, you need to have an Ethereum wallet like MetaMask, Proxy Wallet, Eidoo, MyEtherWallet, Parity, Ethereum Wallet Mist y ImToken.

However, there is fine print: users are denouncing that they cannot sell and take the astronomical profits that crypto gave.

Is Ethereum Meta a scam?

According to the platform “Is this coin a scam?” that is in charge of analyzing projects automatically and gives them a score according to their transparency, Ethereum Meta is an unsafe cryptocurrency.

Fuente: Is this coin a scam?

Some users on the page recounted their experience in the first person and said that they invested in the digital currency but that they still cannot withdraw their earnings from their virtual wallets.

“I bought this coin – which has no utility – and spent $700 through Coinbase. Two days later, I had $480,000 and was very happy. A few minutes later, I saw that I had $2,800,000 and I was shocked and quickly changed to collect. However, I got the worst disappointment: it cannot be sold”comments one.

“Don’t invest in this cryptocurrency, it can’t be sold when the price goes up. I have a confirmed big successful transaction showing that I exchanged this digital currency for another one but all my money disappeared and never showed up,” says another anonymous user.

“I wish this type of cryptocurrency would disappear from exchanges and Coinmarketcap. It’s cruel to see a million dollar profit in a wallet but not be able to take the profit,” concludes a third user.

How to spot a fake cryptocurrency?

Before acquiring a cryptocurrency, several points must be analyzed: on the one hand, you must follow its market capitalization and on the other hand, visualize the movements in the trading volume. It is possible to follow these two figures through platforms such as Coinmarketcap.

On the other hand, when doing fundamental analysis of, for example, a traditional company, investors can learn about the purpose, have more information about the business model and the mission behind the firm.

In cryptocurrencies, there is something similar: each of the projects has behind it a founding declaration, a kind of “road map” that details who created that cryptocurrency, who invested in the project, what is the value proposition, who does the audit of the blocks of the blockchain (which are public), in which digital exchange houses they are listed, among other variables. It is important that all investors soak up this information before making an investment of their capital.

In the case of “meme” cryptocurrencies, the projects behind them are usually not 100% serious, for this reason, they are called this way.

Finally, it must be considered that the legal status depends on each particular token and, in some cases, the launches of this type of “memecoins” could be fraudulent and illegal.

MEMECOINS: HOW TO MAKE PROFITS?

A question that people have is “how do I know when to sell a cryptocurrency so as not to lose money?”. On platforms like Tradingview, experts post his technical analysis on different cryptocurrencies and they also make projections about their future prices.

If you search Tradingview for the name of the cryptocurrency, you can find predictions on when the price will hit a new high so you can know when to sell.

In addition, expert traders recommend setting a maximum profit to sell the cryptocurrency and not getting greedy with returns, because it can drop suddenly and investors can lose everything as the risk in this type of investment is high.

PUMP AND DUMP: THE DANGEROUS TECHNIQUE BEHIND MEME CRYPTOCURRENCIES

The words “pump and dump” refer to a market manipulation technique in which a group of investors pump up a cryptocurrency (or any investment) in their favor.

financial concepts “pump” Y “dump” they are used to refer to when the markets, a company, financial company, group of investors or whales (people who have a large amount of cryptocurrencies and therefore their transactions generate an impact on the price of a digital asset) manipulate the price of an asset to generate exponential profits or also when investors they go out to massively sell an asset to generate a price drop, causing other investors to lose money.

When thousands of people widely invest in an asset because they trust the meme cryptocurrency, it impacts the market and generates more liquidity. This stage is known as “pump”.

When people trust in the investment, the big investors do “dump”, that is, they sell massively and the price drops dramatically.

This “pump and dump” behavior is often repeated in cryptocurrency memes. For this reason, it is recommended to be careful when investing capital since it is a very high risk investment.

We wish to thank the author of this post for this awesome content

Ethereum Meta, the cryptocurrency that gave profits of 15000000% but is a scam – Infotechnology.com

" ["date_timestamp"]=> int(1643077610) } [1]=> array(11) { ["title"]=> string(90) "Bitcoin: the 3 reasons that explain the fall in the price of crypto – Infotechnology.com" ["link"]=> string(131) "https://dispensary-business-news.com/bitcoin/bitcoin-the-3-reasons-that-explain-the-fall-in-the-price-of-crypto-infotechnology-com/" ["dc"]=> array(1) { ["creator"]=> string(15) "Pauline Moonlky" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 21:00:34 +0000" ["category"]=> string(60) "BitcoinbitcoinCryptoexplainfallInfotechnologycomPricereasons" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9066" ["description"]=> string(758) "Cryptocurrencies do not stop falling in price and investors feel “extreme fear”, according to the Fear and Greed index that analyzes the general sentiment, due to the high volatility and instability of the market. For example, Bitcoin, the most valuable cryptocurrency in the entire ecosystem and also the most traded, around US$35,900 and since its ... Read more" ["content"]=> array(1) { ["encoded"]=> string(10186) "

Cryptocurrencies do not stop falling in price and investors feel “extreme fear”, according to the Fear and Greed index that analyzes the general sentiment, due to the high volatility and instability of the market.

For example, Bitcoin, the most valuable cryptocurrency in the entire ecosystem and also the most traded, around US$35,900 and since its last all-time high of $69,000, fell 47%.

Nevertheless, the trading volume of the digital currency rose 55%, which means that investors took advantage of the fall to accumulate more assets, according to data from Coinmarketcap.

The fall of Bitcoin was accentuated for several reasons: on the one hand, the recent decision of the United States Treasury to raise the bond rate negatively impacted the crypto market.

On the other hand, more and more investors withdraw their money from exchanges and deposit them “off the network”, which makes Bitcoin an “inaccessible” asset.

As if this were not enough, the fall below US$ 40,000 produced a settlement massive futures contracts and in less than 12 hours, US$ 670 million were liquidated.

In addition, analysts are closely monitoring the behavior of bitcoin miners, which are dedicated to creating and validating blocks on the blockchain and receive a reward in cryptocurrency in return, since they can “save” or “destroy” the price of the digital currency.

Below, in detail, all the factors behind the fall of Bitcoin.

Bitcoin: the 3 reasons that explain the fall of the cryptocurrency

Bitcoin

1. The rate on US Treasury bonds rose

In parallel with the crypto market crash, shares of technology companies plunge in the stock market index Nasdaq from Wall Street.

For example, Netflix series and movie streaming firm suffered a 21% drop; and other companies like Amazon, PayPal and Tesla fell about 5%.

According to experts, both markets were highly affected by the decision of the United States Federal Reserve to increase the rate on Treasury bonds.

The updating of the bond rate is a financial maneuver that has a direct impact on the highly speculative and volatile markets and, consequently, investors – with portfolios that exceed billions of dollars – prefer to allocate their capital to more “safe” investments. “and long term.

Why did the United States Government decide to raise the bond rate? The country entered an inflationary spiral due to the pandemic around 6,8%, a record figure since 1982, according to statistics from the Bureau of Labor Statistics.

Because of inflation and because the stock market Wall Street is not generating the same returns as before, the Federal Reserve increased the rate on US bonds with the aim of curbing a possible recession in the economy.

Furthermore, the 6.8% inflation had a direct impact on the US dollar and weakened it as a currency.

For these reasons, the United States needs higher-rate financing and more Treasury bonds to keep its economy stable and its currency stronger.

2. Futures contracts: $680 million settled

Days ago, Bitcoin fell to $38,000 and exchanges automatically began liquidating futures contracts. Total, it is estimated that $700 million worth of cryptocurrency was liquidated in just 12 hours.

This capital was distributed among 270,000 operators and the largest order was executed by the Bitmex exchange and was over US$9 million.

This market maneuver accentuated the decline and worsened the overall market outlook.

3. Bitcoin is increasingly inaccessible

According to a report by Glassnode, 76% of the Bitcoin supply is “illiquid” and approximately 100,000 bitcoins become “illiquid” every month.

Why does this happen? More and more investors are storing Bitcoin in cold wallets and not in exchanges, therefore, the liquidity in digital exchanges is getting lower and lower.

If the trend continues, Bitcoin could become an “illiquid” asset, that is, inaccessible.

png;base64,iVBORw0KGgoAAAANSUhEUgAAArwAAAGDAQMAAADzsFHlAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAADhJREFUeJztwTEBAAAAwqD1T20MH6AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA4G4aLAAGDL4HEAAAAAElFTkSuQmCC

Bitcoin, an illiquid asset?

Cold wallets and cold safes (known in English as “cold wallets” and “cold storage”) serve to have full custody of digital assets; and to use one of them, it is necessary to configure a series of keys and passwords to enter the digital funds.

In most cases, investors use cold wallets for long-term crypto storage and not for trading.

Its main characteristic is that they work without an internet connection, therefore, they cannot be hacked easily. The only way to compromise a cold wallet is by extorting its owner to give up its security keys.

The most popular models of cold wallets are the Ledger Nano S and the Trezor T, two devices that can store and encrypt your funds with special passwords so as not to lose a single penny in the hands of a criminal.

As holders migrate their savings to cold wallets and do not sell a single penny, cryptocurrency trading exchanges run out of liquidity.

If this behavior of investors is accentuated, Bitcoin will only be traded from person to person and its purchase will be “limited” in digital exchanges.

Miners remain faithful to Bitcoin: why they are the only salvation and what can happen if they sell their profits

Bitcoin miners are responsible for generating the blocks that make up the blockchain chain, adding a “password” (called hash) to each of them that serves to identify each block and introduce all new transactions back into the network.

This mechanism is called “proof of work” because it compulsorily requires miners to “work” connected to the blockchain to process each transaction on the network. For this reason, its electrical cost is high.

For every block mined every ten minutes, miners receive a reward of 6.25 bitcoins, about $248,372..

This profit is used by mining companies to cover costs – such as electricity and rent – and take profits.

However, it was revealed that most miners did not sell a single penny of this bounty in the last two weeks. This means that miners are “liquid” because they prefer to accumulate bitcoins and are speculating on a future rise.

In the event that miners go out on the market to sell their bitcoins en masse, there must be buyers who can absorb that amount. If this happens, Bitcoin will become strong and its price will skyrocket. In the opposite case, the crypto will fall again.

We would like to give thanks to the writer of this short article for this incredible content

Bitcoin: the 3 reasons that explain the fall in the price of crypto – Infotechnology.com

" } ["summary"]=> string(758) "Cryptocurrencies do not stop falling in price and investors feel “extreme fear”, according to the Fear and Greed index that analyzes the general sentiment, due to the high volatility and instability of the market. For example, Bitcoin, the most valuable cryptocurrency in the entire ecosystem and also the most traded, around US$35,900 and since its ... Read more" ["atom_content"]=> string(10186) "

Cryptocurrencies do not stop falling in price and investors feel “extreme fear”, according to the Fear and Greed index that analyzes the general sentiment, due to the high volatility and instability of the market.

For example, Bitcoin, the most valuable cryptocurrency in the entire ecosystem and also the most traded, around US$35,900 and since its last all-time high of $69,000, fell 47%.

Nevertheless, the trading volume of the digital currency rose 55%, which means that investors took advantage of the fall to accumulate more assets, according to data from Coinmarketcap.

The fall of Bitcoin was accentuated for several reasons: on the one hand, the recent decision of the United States Treasury to raise the bond rate negatively impacted the crypto market.

On the other hand, more and more investors withdraw their money from exchanges and deposit them “off the network”, which makes Bitcoin an “inaccessible” asset.

As if this were not enough, the fall below US$ 40,000 produced a settlement massive futures contracts and in less than 12 hours, US$ 670 million were liquidated.

In addition, analysts are closely monitoring the behavior of bitcoin miners, which are dedicated to creating and validating blocks on the blockchain and receive a reward in cryptocurrency in return, since they can “save” or “destroy” the price of the digital currency.

Below, in detail, all the factors behind the fall of Bitcoin.

Bitcoin: the 3 reasons that explain the fall of the cryptocurrency

Bitcoin

1. The rate on US Treasury bonds rose

In parallel with the crypto market crash, shares of technology companies plunge in the stock market index Nasdaq from Wall Street.

For example, Netflix series and movie streaming firm suffered a 21% drop; and other companies like Amazon, PayPal and Tesla fell about 5%.

According to experts, both markets were highly affected by the decision of the United States Federal Reserve to increase the rate on Treasury bonds.

The updating of the bond rate is a financial maneuver that has a direct impact on the highly speculative and volatile markets and, consequently, investors – with portfolios that exceed billions of dollars – prefer to allocate their capital to more “safe” investments. “and long term.

Why did the United States Government decide to raise the bond rate? The country entered an inflationary spiral due to the pandemic around 6,8%, a record figure since 1982, according to statistics from the Bureau of Labor Statistics.

Because of inflation and because the stock market Wall Street is not generating the same returns as before, the Federal Reserve increased the rate on US bonds with the aim of curbing a possible recession in the economy.

Furthermore, the 6.8% inflation had a direct impact on the US dollar and weakened it as a currency.

For these reasons, the United States needs higher-rate financing and more Treasury bonds to keep its economy stable and its currency stronger.

2. Futures contracts: $680 million settled

Days ago, Bitcoin fell to $38,000 and exchanges automatically began liquidating futures contracts. Total, it is estimated that $700 million worth of cryptocurrency was liquidated in just 12 hours.

This capital was distributed among 270,000 operators and the largest order was executed by the Bitmex exchange and was over US$9 million.

This market maneuver accentuated the decline and worsened the overall market outlook.

3. Bitcoin is increasingly inaccessible

According to a report by Glassnode, 76% of the Bitcoin supply is “illiquid” and approximately 100,000 bitcoins become “illiquid” every month.

Why does this happen? More and more investors are storing Bitcoin in cold wallets and not in exchanges, therefore, the liquidity in digital exchanges is getting lower and lower.

If the trend continues, Bitcoin could become an “illiquid” asset, that is, inaccessible.

png;base64,iVBORw0KGgoAAAANSUhEUgAAArwAAAGDAQMAAADzsFHlAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAADhJREFUeJztwTEBAAAAwqD1T20MH6AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA4G4aLAAGDL4HEAAAAAElFTkSuQmCC

Bitcoin, an illiquid asset?

Cold wallets and cold safes (known in English as “cold wallets” and “cold storage”) serve to have full custody of digital assets; and to use one of them, it is necessary to configure a series of keys and passwords to enter the digital funds.

In most cases, investors use cold wallets for long-term crypto storage and not for trading.

Its main characteristic is that they work without an internet connection, therefore, they cannot be hacked easily. The only way to compromise a cold wallet is by extorting its owner to give up its security keys.

The most popular models of cold wallets are the Ledger Nano S and the Trezor T, two devices that can store and encrypt your funds with special passwords so as not to lose a single penny in the hands of a criminal.

As holders migrate their savings to cold wallets and do not sell a single penny, cryptocurrency trading exchanges run out of liquidity.

If this behavior of investors is accentuated, Bitcoin will only be traded from person to person and its purchase will be “limited” in digital exchanges.

Miners remain faithful to Bitcoin: why they are the only salvation and what can happen if they sell their profits

Bitcoin miners are responsible for generating the blocks that make up the blockchain chain, adding a “password” (called hash) to each of them that serves to identify each block and introduce all new transactions back into the network.

This mechanism is called “proof of work” because it compulsorily requires miners to “work” connected to the blockchain to process each transaction on the network. For this reason, its electrical cost is high.

For every block mined every ten minutes, miners receive a reward of 6.25 bitcoins, about $248,372..

This profit is used by mining companies to cover costs – such as electricity and rent – and take profits.

However, it was revealed that most miners did not sell a single penny of this bounty in the last two weeks. This means that miners are “liquid” because they prefer to accumulate bitcoins and are speculating on a future rise.

In the event that miners go out on the market to sell their bitcoins en masse, there must be buyers who can absorb that amount. If this happens, Bitcoin will become strong and its price will skyrocket. In the opposite case, the crypto will fall again.

We would like to give thanks to the writer of this short article for this incredible content

Bitcoin: the 3 reasons that explain the fall in the price of crypto – Infotechnology.com

" ["date_timestamp"]=> int(1643058034) } [2]=> array(11) { ["title"]=> string(51) "MANA, Bitcoin Cash, Filecoin Price Analysis: Jan 24" ["link"]=> string(99) "https://dispensary-business-news.com/bitcoin-cash/mana-bitcoin-cash-filecoin-price-analysis-jan-24/" ["dc"]=> array(1) { ["creator"]=> string(11) "Harry World" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 20:59:15 +0000" ["category"]=> string(51) "Bitcoin CashanalysisbitcoinCashFilecoinJanMANAPrice" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9060" ["description"]=> string(586) "The bulls had a lot of work to do to sustainably recover their lost support levels over the past week. They needed to infuse funds in larger volumes to stop the rapid recession. While changing perception seemed like a gargantuan task, Bitcoin Cash and Filecoin posted new lows on Jan. 24. The MANA bears, on ... Read more" ["content"]=> array(1) { ["encoded"]=> string(6120) "

The bulls had a lot of work to do to sustainably recover their lost support levels over the past week. They needed to infuse funds in larger volumes to stop the rapid recession. While changing perception seemed like a gargantuan task, Bitcoin Cash and Filecoin posted new lows on Jan. 24. The MANA bears, on the other hand, tried to defend the 78.6% level.

Decentralized (MANA)

Source: TradingView, MANA/USDT

On his 4 hour chart, after testing the Check Point (red), MANA saw a descending channel (yellow). It transposed into an ascending triangle as the bulls tested the $3.02 level. But, as bearish vigor prevailed, they invalidated the bullish pattern that saw a reversal.

The sell-off on Jan 21 fueled the downtrend of MANA. Meanwhile, MANA lost its long-term 61.8% Fibonacci support. After a loss of almost 40%, it fell back to its 11-week low on January 22. Now, the immediate testing grounds for the bears are at the 78.6% level.

At press time, MANA was trading at $1.8519. The RSI moved along a descending channel. If it continues to drop, it could test the 20 mark. Also the OA it tumbled to its seven-week low on January 23 and tilted in favor of the sellers.

Bitcoin Cash (BCH)

The bulls failed to hold the crucial support at $419, while the bears retested it several times. Price action saw a sustained drop below this level for the first time in over a year on January 5.

The altcoin saw losses of over 34.3% in the past six days, while the bulls failed to even hold the $283 mark. The immediate testing grounds for the bears were located at the $260 level.

At press time, BCH was trading at $265.5. The RSI it was heading south and deep into the oversold region. Any further pullback would see support at the 21 mark. Also, with the volume oscillator Emerging during the recent gains, the bears made their position quite clear.

Filecoin (FIL)

FILUSD 2022 01 24 18 58 45

Source: TradingView, FIL/USD

While the bulls tested the $30.6 mark multiple times, the bears did not shy away from countering the pressure. They initiated a staggering 46.59% drop over the last week and secured a sustained break below the ascending (white) channel.

Meanwhile, the supertendencia continued to show a sell signal. Immediate testing resistance has now been placed at the $18.38 level.

At press time, FIL was trading at $17.37. After falling from the midline, the RSI submerged in a descending channel. It remained in the oversold region for the past three days. Interestingly, the Compression Boost Indicator flashes of gray dots. This reading was a phase of high volatility.

This is an automatic translation of our English version.

We would like to say thanks to the writer of this short article for this awesome web content

MANA, Bitcoin Cash, Filecoin Price Analysis: Jan 24

" } ["summary"]=> string(586) "The bulls had a lot of work to do to sustainably recover their lost support levels over the past week. They needed to infuse funds in larger volumes to stop the rapid recession. While changing perception seemed like a gargantuan task, Bitcoin Cash and Filecoin posted new lows on Jan. 24. The MANA bears, on ... Read more" ["atom_content"]=> string(6120) "

The bulls had a lot of work to do to sustainably recover their lost support levels over the past week. They needed to infuse funds in larger volumes to stop the rapid recession. While changing perception seemed like a gargantuan task, Bitcoin Cash and Filecoin posted new lows on Jan. 24. The MANA bears, on the other hand, tried to defend the 78.6% level.

Decentralized (MANA)

Source: TradingView, MANA/USDT

On his 4 hour chart, after testing the Check Point (red), MANA saw a descending channel (yellow). It transposed into an ascending triangle as the bulls tested the $3.02 level. But, as bearish vigor prevailed, they invalidated the bullish pattern that saw a reversal.

The sell-off on Jan 21 fueled the downtrend of MANA. Meanwhile, MANA lost its long-term 61.8% Fibonacci support. After a loss of almost 40%, it fell back to its 11-week low on January 22. Now, the immediate testing grounds for the bears are at the 78.6% level.

At press time, MANA was trading at $1.8519. The RSI moved along a descending channel. If it continues to drop, it could test the 20 mark. Also the OA it tumbled to its seven-week low on January 23 and tilted in favor of the sellers.

Bitcoin Cash (BCH)

The bulls failed to hold the crucial support at $419, while the bears retested it several times. Price action saw a sustained drop below this level for the first time in over a year on January 5.

The altcoin saw losses of over 34.3% in the past six days, while the bulls failed to even hold the $283 mark. The immediate testing grounds for the bears were located at the $260 level.

At press time, BCH was trading at $265.5. The RSI it was heading south and deep into the oversold region. Any further pullback would see support at the 21 mark. Also, with the volume oscillator Emerging during the recent gains, the bears made their position quite clear.

Filecoin (FIL)

FILUSD 2022 01 24 18 58 45

Source: TradingView, FIL/USD

While the bulls tested the $30.6 mark multiple times, the bears did not shy away from countering the pressure. They initiated a staggering 46.59% drop over the last week and secured a sustained break below the ascending (white) channel.

Meanwhile, the supertendencia continued to show a sell signal. Immediate testing resistance has now been placed at the $18.38 level.

At press time, FIL was trading at $17.37. After falling from the midline, the RSI submerged in a descending channel. It remained in the oversold region for the past three days. Interestingly, the Compression Boost Indicator flashes of gray dots. This reading was a phase of high volatility.

This is an automatic translation of our English version.

We would like to say thanks to the writer of this short article for this awesome web content

MANA, Bitcoin Cash, Filecoin Price Analysis: Jan 24

" ["date_timestamp"]=> int(1643057955) } [3]=> array(11) { ["title"]=> string(50) "Litecoin, Stellar, NEAR Price Analysis: January 24" ["link"]=> string(94) "https://dispensary-business-news.com/litecoin/litecoin-stellar-near-price-analysis-january-24/" ["dc"]=> array(1) { ["creator"]=> string(8) "Ann Moon" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 20:40:25 +0000" ["category"]=> string(35) "LitecoinanalysisJanuaryPriceStellar" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9054" ["description"]=> string(638) "While upsetting broader sentiment remains just wishful thinking for bulls, short-term technical indicators for Litecoin, Stellar, and NEAR continued to show a sell bias after hitting their multi-month lows. Stellar and NEAR diverged higher on their 4hr RSI but need higher volumes to sustain a rally. Litecoin (LTC) Source: TradingView, LTC/USDT The sellers took the ... Read more" ["content"]=> array(1) { ["encoded"]=> string(6560) "

While upsetting broader sentiment remains just wishful thinking for bulls, short-term technical indicators for Litecoin, Stellar, and NEAR continued to show a sell bias after hitting their multi-month lows.

Stellar and NEAR diverged higher on their 4hr RSI but need higher volumes to sustain a rally.

Litecoin (LTC)

Source: TradingView, LTC/USDT

The sellers took the initiative after the bulls lost the vital resistance at $143 (previous support) on Jan 5. LTC managed to recover an ascending channel (white) but could not sustain above the mentioned mark.

With a correlation of more than 90% with Bitcoin, LTC followed in the footsteps of the real currency during the last week. As a result, the alt lost over 37% after the collapse of the ascending channel. After the same, it hit its 13-month low on January 22. Now him 20-high school (cyan) stands as an immediate barrier to bulls. Additionally, buyers will have to defend the $105 level to avoid further breakdowns.

At press time, LTC was trading at $105.4. Since the head and shoulder were broken on January 18, the RSI remained below the midline. In order to reignite any chances of a recovery, it needs to find a close above its immediate resistance at the 39 level.

Estelar (XLM)

Since the Jan 5 crash, XLM has practically oscillated below the (green) baseline of the Bollinger bands. This movement represented a strong bearish influence in the last three weeks.

The recent sell-off from the $0.2464 level propelled the alt to lose almost a third of its value. Consequently, XLM hit its one-year low on January 22. Afterwards, recovery from there stopped at the baseline once again. Now the $0.187 mark becomes vital for buyers to hold onto.

At press time, XLM was trading at $0.1893. The RSI revived after a falling wedge breakout when it reclaimed the 33.8 mark. Within the last few hours, it has diverged bullishly (yellow trendline) with the price action. Although the CMF it was still below the zero line, it represented a strong revival. However the volume oscillator it was at its all-time low, which suggests weak price movements.

Protocolo cercano (NEAR)

NEARUSDT 2022 01 24 14 24 00

Source: TradingView, NEAR/USDT

The altcoin saw an exceptional ROI of 56.7% (from Jan 10 low) and marched towards its ATH at $20,597 on Jan 15. Since then, it has lost more than half of its value while marking lower peaks and troughs.

At press time, the alt was trading at $10,244. The RSI had a steep 30-point drop since January 17 and tested the 33 mark three times. Then, after falling to its all-time low at 18.4, it saw a revival after forming a bullish divergence (yellow trendline) with price.

Interestingly, the OBV maintained its support that sustained higher prices during the past week. This reading showed a possible possibility of a comeback for the bulls. However the DMI continued to show a bearish bias.

This is an automatic translation of our English version.

We would like to say thanks to the author of this article for this remarkable content

Litecoin, Stellar, NEAR Price Analysis: January 24

" } ["summary"]=> string(638) "While upsetting broader sentiment remains just wishful thinking for bulls, short-term technical indicators for Litecoin, Stellar, and NEAR continued to show a sell bias after hitting their multi-month lows. Stellar and NEAR diverged higher on their 4hr RSI but need higher volumes to sustain a rally. Litecoin (LTC) Source: TradingView, LTC/USDT The sellers took the ... Read more" ["atom_content"]=> string(6560) "

While upsetting broader sentiment remains just wishful thinking for bulls, short-term technical indicators for Litecoin, Stellar, and NEAR continued to show a sell bias after hitting their multi-month lows.

Stellar and NEAR diverged higher on their 4hr RSI but need higher volumes to sustain a rally.

Litecoin (LTC)

Source: TradingView, LTC/USDT

The sellers took the initiative after the bulls lost the vital resistance at $143 (previous support) on Jan 5. LTC managed to recover an ascending channel (white) but could not sustain above the mentioned mark.

With a correlation of more than 90% with Bitcoin, LTC followed in the footsteps of the real currency during the last week. As a result, the alt lost over 37% after the collapse of the ascending channel. After the same, it hit its 13-month low on January 22. Now him 20-high school (cyan) stands as an immediate barrier to bulls. Additionally, buyers will have to defend the $105 level to avoid further breakdowns.

At press time, LTC was trading at $105.4. Since the head and shoulder were broken on January 18, the RSI remained below the midline. In order to reignite any chances of a recovery, it needs to find a close above its immediate resistance at the 39 level.

Estelar (XLM)

Since the Jan 5 crash, XLM has practically oscillated below the (green) baseline of the Bollinger bands. This movement represented a strong bearish influence in the last three weeks.

The recent sell-off from the $0.2464 level propelled the alt to lose almost a third of its value. Consequently, XLM hit its one-year low on January 22. Afterwards, recovery from there stopped at the baseline once again. Now the $0.187 mark becomes vital for buyers to hold onto.

At press time, XLM was trading at $0.1893. The RSI revived after a falling wedge breakout when it reclaimed the 33.8 mark. Within the last few hours, it has diverged bullishly (yellow trendline) with the price action. Although the CMF it was still below the zero line, it represented a strong revival. However the volume oscillator it was at its all-time low, which suggests weak price movements.

Protocolo cercano (NEAR)

NEARUSDT 2022 01 24 14 24 00

Source: TradingView, NEAR/USDT

The altcoin saw an exceptional ROI of 56.7% (from Jan 10 low) and marched towards its ATH at $20,597 on Jan 15. Since then, it has lost more than half of its value while marking lower peaks and troughs.

At press time, the alt was trading at $10,244. The RSI had a steep 30-point drop since January 17 and tested the 33 mark three times. Then, after falling to its all-time low at 18.4, it saw a revival after forming a bullish divergence (yellow trendline) with price.

Interestingly, the OBV maintained its support that sustained higher prices during the past week. This reading showed a possible possibility of a comeback for the bulls. However the DMI continued to show a bearish bias.

This is an automatic translation of our English version.

We would like to say thanks to the author of this article for this remarkable content

Litecoin, Stellar, NEAR Price Analysis: January 24

" ["date_timestamp"]=> int(1643056825) } [4]=> array(11) { ["title"]=> string(58) "Chainlink Forecast: Where is Cryptocurrency Price Heading?" ["link"]=> string(104) "https://dispensary-business-news.com/chainlink/chainlink-forecast-where-is-cryptocurrency-price-heading/" ["dc"]=> array(1) { ["creator"]=> string(12) "Paula Hooper" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 18:33:03 +0000" ["category"]=> string(43) "ChainlinkCryptocurrencyForecastheadingPrice" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9048" ["description"]=> string(613) "The situation remains quite tense in the crypto market. The price of various cryptocurrencies is declining at high speed, as a result of the fear that the behavior of Bitcoin injects. Chainlink price is being quite affected by this situation, and to find out where it is going, we carry out an analysis and forecast ... Read more" ["content"]=> array(1) { ["encoded"]=> string(10180) "

The situation remains quite tense in the crypto market. The price of various cryptocurrencies is declining at high speed, as a result of the fear that the behavior of Bitcoin injects. Chainlink price is being quite affected by this situation, and to find out where it is going, we carry out an analysis and forecast below.

At the time of this writing, LINK is trading at $13.74, accumulating a loss of 15.61% in the last 24 hours and 43.61% in the last 7 days.

Without a doubt, the fall is really worrying, but the underlying reason is simply the general bearish tide, and not because of weak or negative fundamentals of the cryptocurrency as such.

To put us in context, LINK is the native currency of a network of oracles that allow smart contracts to be universally connected.

Its ability to allow different blockchains to interact with real-world data sources has made it one of the largest platforms in the crypto market.

To be more precise, Chainlink enables a blockchain to communicate with external data sources, events, and payment methods, providing relevant information that smart contacts need to do their job.

As interesting as its fundamental basis is, and the huge adoption it has gained over the last couple of years, the price of the Chainlink cryptocurrency has not escaped the bearish tide, and in this forecast we will see that we can still expect further losses.

On the weekly LINK vs USDT chart we see a clear short-term bearish trend, which seems to be reaffirming itself during the current week.

The support at $15 was broken, now the price has to face the next one, located at $13.38. At the moment it seems quite likely that this support will also be broken, which would open the way to $11.57 at the very least.

However, it should also be noted that the short-term bearish momentum is quite widespread. The current price level is likely to be a good starting point for a correction.

Still seeing a respite to the upside, as long as the lower lows remain intact, we will most likely see this cryptocurrency in trouble for a while longer.

Weekly Chart‌ LINK ‌vs‌ ‌USDT.‌ ‌Source:‌ ‌‌TradingView‌.‌

On Chainlink’s monthly chart we see that the price is losing the most important support level in the medium/long term, located at $15.

After more than 2 years of continuous rise, the price now seems to want to make a quite relevant correction. This process could easily go looking for the next support, $11.24.

Should that support be broken, then the next thing to visit is $8.38.

However, this drop is simply a setback. The long-term trend is incredibly bullish, and the ongoing pullback is very likely to bottom very soon.

But for now, there is nothing left to do but monitor the decline and look for signs of a reversal, in case you are looking for entry points to accumulate with an eye to the long term.

Chainlink Price Forecast, Monthly Chart.‌ ‌Source:‌ ‌‌TradingView‌.‌ ‌ ‌
Chainlink Price Forecast, Monthly Chart.‌ ‌Source:‌ ‌‌TradingView‌.‌ ‌ ‌

All our publications are informative, so in no case should they be complied with as investment advisors.

We wish to say thanks to the author of this article for this awesome content

Chainlink Forecast: Where is Cryptocurrency Price Heading?

" } ["summary"]=> string(613) "The situation remains quite tense in the crypto market. The price of various cryptocurrencies is declining at high speed, as a result of the fear that the behavior of Bitcoin injects. Chainlink price is being quite affected by this situation, and to find out where it is going, we carry out an analysis and forecast ... Read more" ["atom_content"]=> string(10180) "

The situation remains quite tense in the crypto market. The price of various cryptocurrencies is declining at high speed, as a result of the fear that the behavior of Bitcoin injects. Chainlink price is being quite affected by this situation, and to find out where it is going, we carry out an analysis and forecast below.

At the time of this writing, LINK is trading at $13.74, accumulating a loss of 15.61% in the last 24 hours and 43.61% in the last 7 days.

Without a doubt, the fall is really worrying, but the underlying reason is simply the general bearish tide, and not because of weak or negative fundamentals of the cryptocurrency as such.

To put us in context, LINK is the native currency of a network of oracles that allow smart contracts to be universally connected.

Its ability to allow different blockchains to interact with real-world data sources has made it one of the largest platforms in the crypto market.

To be more precise, Chainlink enables a blockchain to communicate with external data sources, events, and payment methods, providing relevant information that smart contacts need to do their job.

As interesting as its fundamental basis is, and the huge adoption it has gained over the last couple of years, the price of the Chainlink cryptocurrency has not escaped the bearish tide, and in this forecast we will see that we can still expect further losses.

On the weekly LINK vs USDT chart we see a clear short-term bearish trend, which seems to be reaffirming itself during the current week.

The support at $15 was broken, now the price has to face the next one, located at $13.38. At the moment it seems quite likely that this support will also be broken, which would open the way to $11.57 at the very least.

However, it should also be noted that the short-term bearish momentum is quite widespread. The current price level is likely to be a good starting point for a correction.

Still seeing a respite to the upside, as long as the lower lows remain intact, we will most likely see this cryptocurrency in trouble for a while longer.

Weekly Chart‌ LINK ‌vs‌ ‌USDT.‌ ‌Source:‌ ‌‌TradingView‌.‌

On Chainlink’s monthly chart we see that the price is losing the most important support level in the medium/long term, located at $15.

After more than 2 years of continuous rise, the price now seems to want to make a quite relevant correction. This process could easily go looking for the next support, $11.24.

Should that support be broken, then the next thing to visit is $8.38.

However, this drop is simply a setback. The long-term trend is incredibly bullish, and the ongoing pullback is very likely to bottom very soon.

But for now, there is nothing left to do but monitor the decline and look for signs of a reversal, in case you are looking for entry points to accumulate with an eye to the long term.

Chainlink Price Forecast, Monthly Chart.‌ ‌Source:‌ ‌‌TradingView‌.‌ ‌ ‌
Chainlink Price Forecast, Monthly Chart.‌ ‌Source:‌ ‌‌TradingView‌.‌ ‌ ‌

All our publications are informative, so in no case should they be complied with as investment advisors.

We wish to say thanks to the author of this article for this awesome content

Chainlink Forecast: Where is Cryptocurrency Price Heading?

" ["date_timestamp"]=> int(1643049183) } [5]=> array(11) { ["title"]=> string(55) "How to mine Ethereum in Windows 10 – STEP BY STEP –" ["link"]=> string(94) "https://dispensary-business-news.com/ethereum/how-to-mine-ethereum-in-windows-10-step-by-step/" ["dc"]=> array(1) { ["creator"]=> string(11) "David Lonit" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 18:24:11 +0000" ["category"]=> string(19) "EthereumstepWindows" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9042" ["description"]=> string(600) "We will explain in this article how to configure the software to mine Ethereum in Windows 10. We are going to give several examples of how to configure different programs for mining with AMD and NVIDIA graphics cards. How to set up Windows for Ethereum mining Use Windows 10 / 11 for Ethereum mining It ... Read more" ["content"]=> array(1) { ["encoded"]=> string(20030) "

We will explain in this article how to configure the software to mine Ethereum in Windows 10. We are going to give several examples of how to configure different programs for mining with AMD and NVIDIA graphics cards.

How to set up Windows for Ethereum mining

Use Windows 10 / 11 for Ethereum mining It is the best for those who start in this. The configuration of the mining software is really simple. But before installing the mining software we must make some adjustments in the operating system. The first thing is the steps of how to configure Windows 10 to mine Ethereum.

Energy saving in Windows

The first thing we need to do is make settings in the power plan in Windows. Normally this should not be a problem, but it is best to make adjustments to prevent the system from going to sleep or not offering full performance. To do this we must follow the following steps:

  1. Click on the icon Windows at the bottom left of the operating system bar
  2. Now we click on the Setting
  3. let’s get into System
  4. Let’s go to the section Start/Stop and Sleep
  5. here inside the Screen and Suspend sections, in the drop-down menu, we must look for the Never option
  6. Once configured, we close it

energy saving windows 10

Disable Windows Defender

Normally, this is not necessary, but occasionally Windows may detect mining software as malware. If this happens we should temporarily disable Windows Defender. The process is the following:

  1. Click on Beginning in the task bar
  2. We came in Setting
  3. Let’s go now to the Update and security
  4. We click on the windows security
  5. we seek now Manage settings (or Virus & threat protection settings)
  6. Now the Real-time protection we must put it in disabled
  7. All the files that we download will not be analyzed, we must take that into account
  8. Once downloaded, we must add an exclusion and then reactivate Windows Defender

How to add an exclusion in Windows

It may be that Windows Defender detects a file as malware and automatically deletes it. Preventing this from happening is relatively simple. We will explain the steps to add a security exception for Ethereum mining software. The steps are:

  1. Click on Beginning in the task bar
  2. We came in Setting
  3. Let’s go now to the Update and security
  4. We click on the windows security
  5. Now we go into Protection against viruses and threats
  6. Inside we look for the section of Antivirus settings and threat protection
  7. We click on Manage settings
  8. We go down until we find the section of Exclusions and click on Add or remove exclusions
  9. Click on add exclusion and choose the option File
  10. We look where we have the mining software folder and add it
  11. We will get a security warning window and we give Yes
  12. Once we have it excluded, we close it

Download and configure the software for mining Ethereum

We are going to give a couple of examples of how to configure the mining software for Ethereum. We have chosen PhoenixMiner, That works for AMD and NVIDIA graphics and by T-Rex Miner, optimized for NVIDIA graphics. There are many other software for mining Ethereum and other cryptocurrencies. We are going to explore how to configure these software to mine Ethereum.

How to download and configure PhoenixMiner

We will accompany you throughout the process of downloading the mining software and its configuration. The process is not very complicated, but there are some things that we must be clear about. During the process we will point out all the things that are necessary. This mining software supports AMD and NVIDIA graphics cards, interchangeably.

We recommend this article with the best software for mining with AMD graphics

Descargar PhoenixMiner

The software PhoenixMiner en BitcoinTalk It has a thread that is very good and is very complete. Something very interesting and that will be useful to us later are the commands to connect to the pool.

To download the software we can go to the Phoenix Miner official website. Within the page of the latest version of the software we can find the news of this version.

There is a problem when we download it in any browser. The normal thing is that the browser prevents us from downloading it indicating that it may contain files that harm our system. This is not the case and we can solve it in a simple way. We have used Brave to download this Ethereum mining software. We must follow the following steps:

  1. We are going to the Downloads from our browser
  2. The software will appear PhoenixMiner as locked
  3. We must click on Keep dangerous files
  4. Now a pop-up window will pop up and we give keep anyway

These files do not contain malware or other issues, it is just a security measure.

Configure PhoenixMiner

Once we have it downloaded, now touch the PhoenixMiner setup process. You have to make some previous settings to start mining this software. We must add the pool data and other data to start mining and get rewards. The steps are the following:

We have downloaded it from the Etherminer pool, so the parameters are configured to connect to this pool.

  1. We unzip the files
  2. We go in and look for the cryptocurrency file and the mining pool. In our case we choose Ethereum (ETH) and GPUMine
  3. Once we have found it, we do right click on the file and open it with the notepad
  4. will appear to us PhoenixMiner.exe and other data
  5. Must search for the piece where indica -wal
  6. Here we will see a predefined address and a rig name. We must enter our wallet and the name we want to give our miner. The name of the miner is not very important, we can put any name
  7. The default address must be changed to our Metamask address, for example. It is important that we change the address, because if we do not, what we obtained will go to another user.
  8. We can change the mining Rig Name, though not essential. We can put the name we want.
  9. We save and close
  10. Now we do double click the same file and the mining process will begin

Within the file are included most of the presets for the most used cryptocurrencies and pools. If we need to do additional configuration, this is quite easy to do.

How to download and configure T-Rex Miner

Those who want to build an Ethereum mining rig with NVIDIA graphics cards, the best solution is T-Rex Miner. Highlight that T-Rex Miner is specially optimized for Ethereum mining with NVIDIA graphics. Its configuration is quite simple and does not require great knowledge about it. We will see where to download this software and how to configure it.

Remember that some graphics cards include NVIDIA LHR technology that reduces Ethereum mining power by half

Descargar T-Rex Miner

To download the software T-Rex Miner we must go to the Official GitHub, where we will find the files to download. There we will find the latest version for Windows and also the latest version for Linux. It also explains to us what are the updates that this software implements.

It does not give problems in the download, so we do not have to take any additional action.

Configurar T-Rex Miner

One of the good things about T-Rex Miner is that it has individual files depending on the pool and the type of currency that we are going to mine. This greatly simplifies the setup process. We only have to access the pool that interests us the most and modify the necessary credentials to start mining.

For this example we have used the configuration for MiningPoolHub. These are the steps:

  1. we extract the files we just downloaded
  2. We look for the cryptocurrency we want to mine, in our case, Ethereum
  3. We now look for the corresponding MiningPoolHub mining pool
  4. We make right click in the file and we will open with notepad from Windows
  5. A line of parameters appears in which we must configure various things
  6. The first thing, if we are not in Europe, is the server to which we connect
  7. We change the parameter of Username (-u) that we have marked in red in the following image. The Username is the one with which we register in the pool Y what goes after the dot is the miner name that we have given within the miningpoolhub panel.
  8. The password (-p) is the same as we have configured, which can be anything (marked in blue)
  9. we keep configuration and close
  10. Now we do double click on the miner and the mining process will start

How to configure the BIOS of a gaming motherboard

In addition to the described Windows settings and software settings, we must configure motherboard. Many users bet on getting into Ethereum mining with their gaming equipment. We must do some tweaks on gaming motherboards for best performance.

One of the most important points is to activate the function of start the system after a loss of voltage. It is important to disable the system CPU and iGPU processor power saving (if you have). We must also make adjustments to the PCIe ports and other settings to optimize performance and consumption.

We have created an article where we explain how to configure bios for cryptocurrency mining

Final words on how to mine Ethereum on Windows 10 with NVIDIA or AMD graphics

The process of mining Ethereum with Windows 10 is quite simple, we only have to take into account some aspects that can make things difficult for us. The biggest problems can come from Windows Defender, which detects the software as malware. Note that mining software downloaded from official pages does not carry any malware.

We recommend this article where we indicate the best hardware for Ethereum mining

We do not recommend using software like Minergate, where we will mine very little and the returns will be less than using specific software. If you are going to mine with NVIDIA graphics cards, the best option is T-Rex Miner, since it is specially optimized for these graphics cards. Those who have AMD graphics cards, the best option is Team Red Miner. But if you are thinking of mounting a system with AMD and NVIDIA graphics combined in the same system, the best is Claymore Dual Miner. They are all configured quite similarly and we can choose the mining pool that interests us the most.

What do you think of our complete guide on how to mine Ethereum on Windows with AMD Radeon or NVIDIA RTX graphics cards?

We wish to thank the writer of this write-up for this incredible material

How to mine Ethereum in Windows 10 – STEP BY STEP –

" } ["summary"]=> string(600) "We will explain in this article how to configure the software to mine Ethereum in Windows 10. We are going to give several examples of how to configure different programs for mining with AMD and NVIDIA graphics cards. How to set up Windows for Ethereum mining Use Windows 10 / 11 for Ethereum mining It ... Read more" ["atom_content"]=> string(20030) "

We will explain in this article how to configure the software to mine Ethereum in Windows 10. We are going to give several examples of how to configure different programs for mining with AMD and NVIDIA graphics cards.

How to set up Windows for Ethereum mining

Use Windows 10 / 11 for Ethereum mining It is the best for those who start in this. The configuration of the mining software is really simple. But before installing the mining software we must make some adjustments in the operating system. The first thing is the steps of how to configure Windows 10 to mine Ethereum.

Energy saving in Windows

The first thing we need to do is make settings in the power plan in Windows. Normally this should not be a problem, but it is best to make adjustments to prevent the system from going to sleep or not offering full performance. To do this we must follow the following steps:

  1. Click on the icon Windows at the bottom left of the operating system bar
  2. Now we click on the Setting
  3. let’s get into System
  4. Let’s go to the section Start/Stop and Sleep
  5. here inside the Screen and Suspend sections, in the drop-down menu, we must look for the Never option
  6. Once configured, we close it

energy saving windows 10

Disable Windows Defender

Normally, this is not necessary, but occasionally Windows may detect mining software as malware. If this happens we should temporarily disable Windows Defender. The process is the following:

  1. Click on Beginning in the task bar
  2. We came in Setting
  3. Let’s go now to the Update and security
  4. We click on the windows security
  5. we seek now Manage settings (or Virus & threat protection settings)
  6. Now the Real-time protection we must put it in disabled
  7. All the files that we download will not be analyzed, we must take that into account
  8. Once downloaded, we must add an exclusion and then reactivate Windows Defender

How to add an exclusion in Windows

It may be that Windows Defender detects a file as malware and automatically deletes it. Preventing this from happening is relatively simple. We will explain the steps to add a security exception for Ethereum mining software. The steps are:

  1. Click on Beginning in the task bar
  2. We came in Setting
  3. Let’s go now to the Update and security
  4. We click on the windows security
  5. Now we go into Protection against viruses and threats
  6. Inside we look for the section of Antivirus settings and threat protection
  7. We click on Manage settings
  8. We go down until we find the section of Exclusions and click on Add or remove exclusions
  9. Click on add exclusion and choose the option File
  10. We look where we have the mining software folder and add it
  11. We will get a security warning window and we give Yes
  12. Once we have it excluded, we close it

Download and configure the software for mining Ethereum

We are going to give a couple of examples of how to configure the mining software for Ethereum. We have chosen PhoenixMiner, That works for AMD and NVIDIA graphics and by T-Rex Miner, optimized for NVIDIA graphics. There are many other software for mining Ethereum and other cryptocurrencies. We are going to explore how to configure these software to mine Ethereum.

How to download and configure PhoenixMiner

We will accompany you throughout the process of downloading the mining software and its configuration. The process is not very complicated, but there are some things that we must be clear about. During the process we will point out all the things that are necessary. This mining software supports AMD and NVIDIA graphics cards, interchangeably.

We recommend this article with the best software for mining with AMD graphics

Descargar PhoenixMiner

The software PhoenixMiner en BitcoinTalk It has a thread that is very good and is very complete. Something very interesting and that will be useful to us later are the commands to connect to the pool.

To download the software we can go to the Phoenix Miner official website. Within the page of the latest version of the software we can find the news of this version.

There is a problem when we download it in any browser. The normal thing is that the browser prevents us from downloading it indicating that it may contain files that harm our system. This is not the case and we can solve it in a simple way. We have used Brave to download this Ethereum mining software. We must follow the following steps:

  1. We are going to the Downloads from our browser
  2. The software will appear PhoenixMiner as locked
  3. We must click on Keep dangerous files
  4. Now a pop-up window will pop up and we give keep anyway

These files do not contain malware or other issues, it is just a security measure.

Configure PhoenixMiner

Once we have it downloaded, now touch the PhoenixMiner setup process. You have to make some previous settings to start mining this software. We must add the pool data and other data to start mining and get rewards. The steps are the following:

We have downloaded it from the Etherminer pool, so the parameters are configured to connect to this pool.

  1. We unzip the files
  2. We go in and look for the cryptocurrency file and the mining pool. In our case we choose Ethereum (ETH) and GPUMine
  3. Once we have found it, we do right click on the file and open it with the notepad
  4. will appear to us PhoenixMiner.exe and other data
  5. Must search for the piece where indica -wal
  6. Here we will see a predefined address and a rig name. We must enter our wallet and the name we want to give our miner. The name of the miner is not very important, we can put any name
  7. The default address must be changed to our Metamask address, for example. It is important that we change the address, because if we do not, what we obtained will go to another user.
  8. We can change the mining Rig Name, though not essential. We can put the name we want.
  9. We save and close
  10. Now we do double click the same file and the mining process will begin

Within the file are included most of the presets for the most used cryptocurrencies and pools. If we need to do additional configuration, this is quite easy to do.

How to download and configure T-Rex Miner

Those who want to build an Ethereum mining rig with NVIDIA graphics cards, the best solution is T-Rex Miner. Highlight that T-Rex Miner is specially optimized for Ethereum mining with NVIDIA graphics. Its configuration is quite simple and does not require great knowledge about it. We will see where to download this software and how to configure it.

Remember that some graphics cards include NVIDIA LHR technology that reduces Ethereum mining power by half

Descargar T-Rex Miner

To download the software T-Rex Miner we must go to the Official GitHub, where we will find the files to download. There we will find the latest version for Windows and also the latest version for Linux. It also explains to us what are the updates that this software implements.

It does not give problems in the download, so we do not have to take any additional action.

Configurar T-Rex Miner

One of the good things about T-Rex Miner is that it has individual files depending on the pool and the type of currency that we are going to mine. This greatly simplifies the setup process. We only have to access the pool that interests us the most and modify the necessary credentials to start mining.

For this example we have used the configuration for MiningPoolHub. These are the steps:

  1. we extract the files we just downloaded
  2. We look for the cryptocurrency we want to mine, in our case, Ethereum
  3. We now look for the corresponding MiningPoolHub mining pool
  4. We make right click in the file and we will open with notepad from Windows
  5. A line of parameters appears in which we must configure various things
  6. The first thing, if we are not in Europe, is the server to which we connect
  7. We change the parameter of Username (-u) that we have marked in red in the following image. The Username is the one with which we register in the pool Y what goes after the dot is the miner name that we have given within the miningpoolhub panel.
  8. The password (-p) is the same as we have configured, which can be anything (marked in blue)
  9. we keep configuration and close
  10. Now we do double click on the miner and the mining process will start

How to configure the BIOS of a gaming motherboard

In addition to the described Windows settings and software settings, we must configure motherboard. Many users bet on getting into Ethereum mining with their gaming equipment. We must do some tweaks on gaming motherboards for best performance.

One of the most important points is to activate the function of start the system after a loss of voltage. It is important to disable the system CPU and iGPU processor power saving (if you have). We must also make adjustments to the PCIe ports and other settings to optimize performance and consumption.

We have created an article where we explain how to configure bios for cryptocurrency mining

Final words on how to mine Ethereum on Windows 10 with NVIDIA or AMD graphics

The process of mining Ethereum with Windows 10 is quite simple, we only have to take into account some aspects that can make things difficult for us. The biggest problems can come from Windows Defender, which detects the software as malware. Note that mining software downloaded from official pages does not carry any malware.

We recommend this article where we indicate the best hardware for Ethereum mining

We do not recommend using software like Minergate, where we will mine very little and the returns will be less than using specific software. If you are going to mine with NVIDIA graphics cards, the best option is T-Rex Miner, since it is specially optimized for these graphics cards. Those who have AMD graphics cards, the best option is Team Red Miner. But if you are thinking of mounting a system with AMD and NVIDIA graphics combined in the same system, the best is Claymore Dual Miner. They are all configured quite similarly and we can choose the mining pool that interests us the most.

What do you think of our complete guide on how to mine Ethereum on Windows with AMD Radeon or NVIDIA RTX graphics cards?

We wish to thank the writer of this write-up for this incredible material

How to mine Ethereum in Windows 10 – STEP BY STEP –

" ["date_timestamp"]=> int(1643048651) } [6]=> array(11) { ["title"]=> string(65) "Bitcoin’s price collapse drags the entire crypto market with it" ["link"]=> string(112) "https://dispensary-business-news.com/latest-news/bitcoins-price-collapse-drags-the-entire-crypto-market-with-it/" ["dc"]=> array(1) { ["creator"]=> string(11) "Eden Kently" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 17:56:05 +0000" ["category"]=> string(55) "Latest NewsBitcoinscollapseCryptodragsentiremarketPrice" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9036" ["description"]=> string(673) "After an interim recovery in the previous week, the crypto market has to cope with significant price declines again. The weakness in the classic financial market and the weakest weekly development of the Nasdaq technology index since March 2020 is causing a real sell-off in cryptocurrencies. Many altcoins have now corrected 70 percent and more ... Read more" ["content"]=> array(1) { ["encoded"]=> string(13034) "

After an interim recovery in the previous week, the crypto market has to cope with significant price declines again. The weakness in the classic financial market and the weakest weekly development of the Nasdaq technology index since March 2020 is causing a real sell-off in cryptocurrencies. Many altcoins have now corrected 70 percent and more from their all-time highs.

Investors are now looking towards the psychological USD 30,000 mark, which could already be approached in the coming trading days. The financial market is waiting for the first meeting of the US central bank this year, as well as quarterly figures from the technology giants Microsoft and Apple. For the time being, investors should keep a close eye on the full-year outlook from the major US Internet companies.

Best price development among the top 10 altcoins:

Ripple (XRP):

Despite a relative outperformance compared to its competition, Ripple also lost significantly in value this week and is trading around 25 percent lower. The sell-off in the last four trading days pushes the XRP price back to the historical low of December 4, 2021 at USD 0.57. Should Ripple abandon this support level, there is a risk of a further decline towards the June 2021 lows of USD 0.51. As long as Ripple cannot rise back above USD 0.78, further price falls are imminent in the short term.

Bullishe Variante (Ripple)

Despite an increased probability of a positive outcome of the SEC lawsuit in the USA, Ripple’s price cannot resist the sell-off on the crypto market. Due to the current uncertainty, investors are also taking cover for Ripple for the time being. The buyer side must now try to let Ripple rise back above the resistance at USD 0.64 in a first step. Recapturing this price mark activates the area around USD 0.70 as the first price target.

In addition to a horizontal support, the EMA20 (red) can also be found here. Clear resistance from the bears is therefore already to be expected at this mark. If the buyer side succeeds in sustainably breaking through this resist, a short-term directional decision will be made at USD 0.78. Next to the supertrend runs just above the EMA50 (orange). Only when this zone can be recaptured at the end of the day does the chart brighten up a bit. Then the XRP price could target the light blue zone between USD 0.85 and USD 0.89. In particular, the upper edge of the zone shows massive resistance with the EMA200 (blue). If the crypto market recovers from its current price weakness in the coming weeks and bounces back above the EMA200 to the north, already waiting in the red zone of the MA200 (green) as well as the red overriding downtrend line.

The chart picture brightens up a bit

Should Ripple dynamically overcome this area and also recapture USD 1.05, a retest of the area around USD 1.20 would be conceivable in the medium term. A maximum increase in the range of USD 1.35 to USD 1.40 is currently possible. From the current chart perspective, the high from September 2021 represents the maximum bullish price target for the coming weeks. If this area can be exceeded in the coming months, further trend dynamics towards USD 1.58 are conceivable. If there is no clear rebound to the south here either, a march through to the purple resistance area cannot be ruled out. The maximum price target that can be derived is unchanged at USD 1.74 for the time being.

Bearishe Variante (Ripple)

The bears sold off Ripple significantly in the last few trading days. If the weakness on the financial market spreads in the coming days and weeks, Ripple threatens to correct itself to USD 0.51. If this support level, derived from the trend lows of summer 2021, does not hold, Rippe threatens to immediately fall back to the USD 0.45 mark. A direct price drop to the lower edge of the blue support zone at USD 0.40 would also be conceivable. The bulls are likely to try to initiate a countermovement here. If this support level is abandoned, the correction will extend to at least USD 0.36. Below this price mark, the support at USD 0.31 comes into the focus of investors as a target.

At least a first counter-movement can be expected here. If this does not happen and Ripple continues to tend to be weak in the medium term, the correction will extend to the green support zone between USD 0.28 and USD 0.23. Here, the buyer side should come back onto the floor to prevent a sell-off of up to USD 0.21 and a maximum of USD 0.17. The price mark of USD 0.17 represents the maximum bearish price target for the coming months. Investors should continue to observe from the sidelines and wait for a bottom to be formed. It also remains to be seen whether the court ruling will have a positive impact on the XRP course.

The indicator (Ripple)

Both the RSI indicator and the MACD are showing sell signals again this week. A look at the weekly chart confirms the bearish picture for Ripple. Both indicators are also showing sell signals in a weekly comparison, which is why further price corrections currently appear likely.

Worst price development among the top 10 altcoins:

Sunshine (SUN):

Weak, weaker, Solana? The technical chart situation at Solana can currently be assessed in this way or something similar. With a price discount of 45 percent in the last seven trading days, the former outperformer of last summer lost almost half of its value. The renewed failure of the Solana blockchain in the last few days raises questions about excessive centrality and the reliability of the crypto ecosystem around Solana. Solana is currently appraising the support area at $82. If this support is abandoned, another price correction towards the green support zone between USD 66 and USD 56 threatens. Only a recapture of USD 131 should stabilize the SOL course and brighten the chart image again.

Bullishe Variante (Solana)

Currently, it’s hard to identify anything bullish on the Solana chart. Only the fact that we can increasingly count on a technical counter-movement after such a bear rally, and that the sellers are likely to realize more profits from their bets on falling prices, could ensure a counter-reaction to the north in the short term. If Solana bounces north at the current support at USD 82, the bulls must immediately try to recapture the 61 Fibonacci retracement at USD 96. If it succeeds in breaking through this mark, the orange zone between USD 115 and USD 125 will first come into focus again. At the latest in the area of ​​USD 131 there will be a directional decision.

Strong resistance

The EMA20 (red) and the supertrend in the daily chart are currently running at this multiple resistance. Only when this resist is broken through sustainably could the SOL course continue to rise and target the blue resistance area. In this zone, however, there is a whole bunch of resistances. The EMA200 (blue), the MA200 (green) and the 78 Fibonacci retracement at USD 148 should be insurmountable in the first attempt. If Solana can leave the upper edge of the blue resistance zone behind at the daily closing price and also break through the resistance at USD 160, the chart image will gradually brighten. A follow-up increase up to the area around USD 180 is then conceivable. The maximum target for the coming weeks and months is between USD 205 and USD 218. A break above these two resistance levels is not expected for the time being. Investors still have to wait for a bottoming out before opening their first positions with Solana.

Bearishe Variante (Solana)

After a short break, the bears are back on the trigger and have sent Solana down again massively in the past few days. In the meantime, the SOL price has lost around 70 percent from its all-time high. The sell side is currently trying to break through the support at 82 USD. If this support line is undercut by the daily closing price, the SOL price threatens to extend its correction towards USD 70. This is where the overarching 50s Fibonacci retracement runs. There is also another support just below USD 66. If this is also abandoned without any real resistance from the bulls, the area around the old all-time high of USD 58 will come into focus for investors. The 38 Fibonacci retracement also runs at the lower edge of this zone. In all likelihood, the bulls will make another attempt at stabilization here.

Further downward movement possible

If it is not possible to send the SOL course back north here either, and Solana falls back below USD 52 for a long time, the next relevant price target is USD 44. For the time being, this support mark represents the maximum bearish price target for the coming period. However, if Bitcoin breaks below the strong support area at USD 30,000 in a timely manner, Solana could even correct it up to the 23 Fibonacci retracement at USD 35. Then, if the weakness in the entire crypto market persists, a 100 percent correction back to the lows from the summer of the previous year could even be considered. This last bastion runs in the $22 to $19 range.

Indicators (Solana):

The MACD indicator as well as the RSI continue to show sell signals in the daily chart. As long as the RSI cannot rally back to the neutral zone between 45 and 55, the bears remain in control.

Stability of the top 10

The price recovery of the previous week was abruptly stopped by the sell-off of Bitcoin. The dynamic fall below the psychological USD 40,000 mark also caused all top 10 altcoins to correct significantly. All 10 major cryptocurrencies fall more than 20 percentage points in value. Solana (SOL) tops the list with a 44 percent price discount, followed by Polkadot (DOT) with 42 percent and Avalanche (AVAX) with 40 percent.

Only Ripple (XRP) is a little better than its competition with a 27 percent drop in price. As in the previous week, the extraordinary weakness at Solana caused the high-speed blockchain to lose a place in the rankings. After Cardano in the previous week, Ripple can also overtake Solana and jump back to fifth place. Dogecoin (DOGE) also overtakes Avalanche at ninth place in the rankings.

Winners and losers of the week

Bitcoin’s price weakness, including falling below the tear-off edge at USD 39,500, has caused significant price corrections for the altcoins in the last 3 trading days. The simultaneously increasing BTC dominance indicates additional weakness in alternative cryptocurrencies. Investors are currently fleeing altcoins and switching back to Bitcoin or directly to stablecoins such as USDT and USDC. Looking at the performance of the top 100 altcoins, a clear picture emerges. All of the top 100 altcoins are following Bitcoin south and most are showing massive price losses. The list of weekly losers is headed by Near (NEAR) with a 52 percent price slump.

Harmony (ONE), the Curve DAO Token (CRV) and Gala (GALA) also lose around 50 percent in value. More than 30 of the 100 largest cryptocurrencies have lost more than 40 percent in the last seven trading days. This makes this week’s sell-off one of the biggest weekly losses the crypto market has seen in recent years. It turns out that in such critical market phases, as in the past, the altcoins lose significantly more than the key cryptocurrency bitcoin.

Disclaimer: The price estimates presented on this page do not represent buy or sell recommendations. They are merely an assessment by the analyst.

The chart images were created using TradingView created.

USD/EUR exchange rate at the time of going to press: EUR 0.88.

Are you looking for the right hardware wallet?

In the BTC-ECHO guide, we show you the best providers for the secure storage of cryptocurrencies.

To the guide

We would like to thank the author of this write-up for this incredible web content

Bitcoin’s price collapse drags the entire crypto market with it

" } ["summary"]=> string(673) "After an interim recovery in the previous week, the crypto market has to cope with significant price declines again. The weakness in the classic financial market and the weakest weekly development of the Nasdaq technology index since March 2020 is causing a real sell-off in cryptocurrencies. Many altcoins have now corrected 70 percent and more ... Read more" ["atom_content"]=> string(13034) "

After an interim recovery in the previous week, the crypto market has to cope with significant price declines again. The weakness in the classic financial market and the weakest weekly development of the Nasdaq technology index since March 2020 is causing a real sell-off in cryptocurrencies. Many altcoins have now corrected 70 percent and more from their all-time highs.

Investors are now looking towards the psychological USD 30,000 mark, which could already be approached in the coming trading days. The financial market is waiting for the first meeting of the US central bank this year, as well as quarterly figures from the technology giants Microsoft and Apple. For the time being, investors should keep a close eye on the full-year outlook from the major US Internet companies.

Best price development among the top 10 altcoins:

Ripple (XRP):

Despite a relative outperformance compared to its competition, Ripple also lost significantly in value this week and is trading around 25 percent lower. The sell-off in the last four trading days pushes the XRP price back to the historical low of December 4, 2021 at USD 0.57. Should Ripple abandon this support level, there is a risk of a further decline towards the June 2021 lows of USD 0.51. As long as Ripple cannot rise back above USD 0.78, further price falls are imminent in the short term.

Bullishe Variante (Ripple)

Despite an increased probability of a positive outcome of the SEC lawsuit in the USA, Ripple’s price cannot resist the sell-off on the crypto market. Due to the current uncertainty, investors are also taking cover for Ripple for the time being. The buyer side must now try to let Ripple rise back above the resistance at USD 0.64 in a first step. Recapturing this price mark activates the area around USD 0.70 as the first price target.

In addition to a horizontal support, the EMA20 (red) can also be found here. Clear resistance from the bears is therefore already to be expected at this mark. If the buyer side succeeds in sustainably breaking through this resist, a short-term directional decision will be made at USD 0.78. Next to the supertrend runs just above the EMA50 (orange). Only when this zone can be recaptured at the end of the day does the chart brighten up a bit. Then the XRP price could target the light blue zone between USD 0.85 and USD 0.89. In particular, the upper edge of the zone shows massive resistance with the EMA200 (blue). If the crypto market recovers from its current price weakness in the coming weeks and bounces back above the EMA200 to the north, already waiting in the red zone of the MA200 (green) as well as the red overriding downtrend line.

The chart picture brightens up a bit

Should Ripple dynamically overcome this area and also recapture USD 1.05, a retest of the area around USD 1.20 would be conceivable in the medium term. A maximum increase in the range of USD 1.35 to USD 1.40 is currently possible. From the current chart perspective, the high from September 2021 represents the maximum bullish price target for the coming weeks. If this area can be exceeded in the coming months, further trend dynamics towards USD 1.58 are conceivable. If there is no clear rebound to the south here either, a march through to the purple resistance area cannot be ruled out. The maximum price target that can be derived is unchanged at USD 1.74 for the time being.

Bearishe Variante (Ripple)

The bears sold off Ripple significantly in the last few trading days. If the weakness on the financial market spreads in the coming days and weeks, Ripple threatens to correct itself to USD 0.51. If this support level, derived from the trend lows of summer 2021, does not hold, Rippe threatens to immediately fall back to the USD 0.45 mark. A direct price drop to the lower edge of the blue support zone at USD 0.40 would also be conceivable. The bulls are likely to try to initiate a countermovement here. If this support level is abandoned, the correction will extend to at least USD 0.36. Below this price mark, the support at USD 0.31 comes into the focus of investors as a target.

At least a first counter-movement can be expected here. If this does not happen and Ripple continues to tend to be weak in the medium term, the correction will extend to the green support zone between USD 0.28 and USD 0.23. Here, the buyer side should come back onto the floor to prevent a sell-off of up to USD 0.21 and a maximum of USD 0.17. The price mark of USD 0.17 represents the maximum bearish price target for the coming months. Investors should continue to observe from the sidelines and wait for a bottom to be formed. It also remains to be seen whether the court ruling will have a positive impact on the XRP course.

The indicator (Ripple)

Both the RSI indicator and the MACD are showing sell signals again this week. A look at the weekly chart confirms the bearish picture for Ripple. Both indicators are also showing sell signals in a weekly comparison, which is why further price corrections currently appear likely.

Worst price development among the top 10 altcoins:

Sunshine (SUN):

Weak, weaker, Solana? The technical chart situation at Solana can currently be assessed in this way or something similar. With a price discount of 45 percent in the last seven trading days, the former outperformer of last summer lost almost half of its value. The renewed failure of the Solana blockchain in the last few days raises questions about excessive centrality and the reliability of the crypto ecosystem around Solana. Solana is currently appraising the support area at $82. If this support is abandoned, another price correction towards the green support zone between USD 66 and USD 56 threatens. Only a recapture of USD 131 should stabilize the SOL course and brighten the chart image again.

Bullishe Variante (Solana)

Currently, it’s hard to identify anything bullish on the Solana chart. Only the fact that we can increasingly count on a technical counter-movement after such a bear rally, and that the sellers are likely to realize more profits from their bets on falling prices, could ensure a counter-reaction to the north in the short term. If Solana bounces north at the current support at USD 82, the bulls must immediately try to recapture the 61 Fibonacci retracement at USD 96. If it succeeds in breaking through this mark, the orange zone between USD 115 and USD 125 will first come into focus again. At the latest in the area of ​​USD 131 there will be a directional decision.

Strong resistance

The EMA20 (red) and the supertrend in the daily chart are currently running at this multiple resistance. Only when this resist is broken through sustainably could the SOL course continue to rise and target the blue resistance area. In this zone, however, there is a whole bunch of resistances. The EMA200 (blue), the MA200 (green) and the 78 Fibonacci retracement at USD 148 should be insurmountable in the first attempt. If Solana can leave the upper edge of the blue resistance zone behind at the daily closing price and also break through the resistance at USD 160, the chart image will gradually brighten. A follow-up increase up to the area around USD 180 is then conceivable. The maximum target for the coming weeks and months is between USD 205 and USD 218. A break above these two resistance levels is not expected for the time being. Investors still have to wait for a bottoming out before opening their first positions with Solana.

Bearishe Variante (Solana)

After a short break, the bears are back on the trigger and have sent Solana down again massively in the past few days. In the meantime, the SOL price has lost around 70 percent from its all-time high. The sell side is currently trying to break through the support at 82 USD. If this support line is undercut by the daily closing price, the SOL price threatens to extend its correction towards USD 70. This is where the overarching 50s Fibonacci retracement runs. There is also another support just below USD 66. If this is also abandoned without any real resistance from the bulls, the area around the old all-time high of USD 58 will come into focus for investors. The 38 Fibonacci retracement also runs at the lower edge of this zone. In all likelihood, the bulls will make another attempt at stabilization here.

Further downward movement possible

If it is not possible to send the SOL course back north here either, and Solana falls back below USD 52 for a long time, the next relevant price target is USD 44. For the time being, this support mark represents the maximum bearish price target for the coming period. However, if Bitcoin breaks below the strong support area at USD 30,000 in a timely manner, Solana could even correct it up to the 23 Fibonacci retracement at USD 35. Then, if the weakness in the entire crypto market persists, a 100 percent correction back to the lows from the summer of the previous year could even be considered. This last bastion runs in the $22 to $19 range.

Indicators (Solana):

The MACD indicator as well as the RSI continue to show sell signals in the daily chart. As long as the RSI cannot rally back to the neutral zone between 45 and 55, the bears remain in control.

Stability of the top 10

The price recovery of the previous week was abruptly stopped by the sell-off of Bitcoin. The dynamic fall below the psychological USD 40,000 mark also caused all top 10 altcoins to correct significantly. All 10 major cryptocurrencies fall more than 20 percentage points in value. Solana (SOL) tops the list with a 44 percent price discount, followed by Polkadot (DOT) with 42 percent and Avalanche (AVAX) with 40 percent.

Only Ripple (XRP) is a little better than its competition with a 27 percent drop in price. As in the previous week, the extraordinary weakness at Solana caused the high-speed blockchain to lose a place in the rankings. After Cardano in the previous week, Ripple can also overtake Solana and jump back to fifth place. Dogecoin (DOGE) also overtakes Avalanche at ninth place in the rankings.

Winners and losers of the week

Bitcoin’s price weakness, including falling below the tear-off edge at USD 39,500, has caused significant price corrections for the altcoins in the last 3 trading days. The simultaneously increasing BTC dominance indicates additional weakness in alternative cryptocurrencies. Investors are currently fleeing altcoins and switching back to Bitcoin or directly to stablecoins such as USDT and USDC. Looking at the performance of the top 100 altcoins, a clear picture emerges. All of the top 100 altcoins are following Bitcoin south and most are showing massive price losses. The list of weekly losers is headed by Near (NEAR) with a 52 percent price slump.

Harmony (ONE), the Curve DAO Token (CRV) and Gala (GALA) also lose around 50 percent in value. More than 30 of the 100 largest cryptocurrencies have lost more than 40 percent in the last seven trading days. This makes this week’s sell-off one of the biggest weekly losses the crypto market has seen in recent years. It turns out that in such critical market phases, as in the past, the altcoins lose significantly more than the key cryptocurrency bitcoin.

Disclaimer: The price estimates presented on this page do not represent buy or sell recommendations. They are merely an assessment by the analyst.

The chart images were created using TradingView created.

USD/EUR exchange rate at the time of going to press: EUR 0.88.

Are you looking for the right hardware wallet?

In the BTC-ECHO guide, we show you the best providers for the secure storage of cryptocurrencies.

To the guide

We would like to thank the author of this write-up for this incredible web content

Bitcoin’s price collapse drags the entire crypto market with it

" ["date_timestamp"]=> int(1643046965) } [7]=> array(11) { ["title"]=> string(83) "El bitcoin enciende las alarmas: pierde la mitad de su valor en menos de tres meses" ["link"]=> string(128) "https://dispensary-business-news.com/bitcoin/el-bitcoin-enciende-las-alarmas-pierde-la-mitad-de-su-valor-en-menos-de-tres-meses/" ["dc"]=> array(1) { ["creator"]=> string(15) "Pauline Moonlky" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 14:59:11 +0000" ["category"]=> string(62) "Bitcoinalarmasbitcoinenciendelasmenosmesesmitadpierdetresvalor" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9030" ["description"]=> string(737) "El consejero delegado de Keynote, Moe Levin, inversor en start ups, interviene en la conferencia anual del bitcoin, celebrada este mes en Miami (Florida).JOE RAEDLE (AFP) El invierno del bitcoin está dejando los ánimos de los inversores bajo cero. La criptomoneda empezó noviembre tocando unos máximos históricos cercanos a 70.000 dólares, y termina enero con ... Read more" ["content"]=> array(1) { ["encoded"]=> string(6283) "

El invierno del bitcoin está dejando los ánimos de los inversores bajo cero. La criptomoneda empezó noviembre tocando unos máximos históricos cercanos a 70.000 dólares, y termina enero con su precio a la mitad, lastrado por la mayor aversión al riesgo derivada de las próximas subidas de tipos de interés en Estados Unidos, y sobre todo, por los anuncios de nuevas restricciones al minado en Rusia, uno de los epicentros de esta actividad, imprescindible para mantener a flote el precio de la divisa digital.

La penosa evolución de su cotización, muy por debajo del comportamiento de las Bolsas en estos últimos tres meses, está derribando algunos de los mitos que propagaron sus valedores: el bitcoin no está siendo un activo refugio frente a la alta inflación, ni su capacidad de resistir a las turbulencias se parece a la que cabría esperar de un nuevo oro digital, como se le ha llegado a denominar.

Detrás del desplome hay varias razones. Cada nueva pista de una aceleración en el calendario de subidas de tipos por parte de la Reserva Federal estadounidense ha sido recibida con caídas. Y la semana pasada el banco central ruso propuso prohibir las transacciones y el minado de bitcoins, así como vetar la actividad de los exchanges e impedir a las instituciones financieras operar con criptomonedas. Considera que son una amenaza para su soberanía monetaria y la estabilidad financiera del país y de sus ciudadanos debido a su potencial para generar burbujas, y le preocupa sus efectos medioambientales adversos —el minado gasta una ingente cantidad de energía—. Quedaría libre del veto, en cambio, la posesión de criptomonedas.

Una decisión así por parte de Rusia no sería inocua. Es el tercer país donde se lleva a cabo más minado, solo por detrás de EE UU y Kazajistán. Y en este último país las noticias tampoco son positivas: las protestas por el encarecimiento del combustible en este enorme Estado de Asia Central culminaron con el corte total de Internet para evitar que los manifestantes pudieran transmitir la violenta represión desatada desde el Gobierno, lo que dejó a los mineros sin conexión, y, por tanto, sin apenas opciones de continuar su labor en una nación que hasta ahora era considerada un santuario para las criptomonedas por el bajo precio de la energía.

La presión regulatoria está arrinconando cada vez más al bitcoin. En mayo, China vetó las transacciones con criptomonedas, y declaró ilegales el minado e incluso la publicidad de esas divisas. Kazajistán, por su cercanía geográfica, ocupó entonces buena parte del vacío que dejaron las restricciones de Pekín, pero la convulsa situación política interna está haciéndole perder atractivo, y Nayub Bukele, presidente de El Salvador —la primera nación del mundo en incorporar una criptodivisa como moneda legal— ya fantasea con la idea de tomar su lugar y convertir a su país en el gran laboratorio mundial de las criptomonedas.

En España, las últimas medidas se circunscriben al ámbito de las campañas de difusión: la CNMV podrá vetar la publicidad masiva sobre criptomonedas, y obligará a que todas las comunicaciones comerciales incluyan este mensaje de advertencia en un lugar visible: “La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido”.

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Con el precio rondando los 33.000 dólares frente a los 69.000 que llegó a tocar, las imágenes de osos —el animal que en los mercados representa una tendencia bajista— pueblan los foros y grupos de WhatsApp de los pequeños inversores, que se debaten entre venderlo todo en medio de la tormenta o mantener su cartera a la espera de tiempos mejores. Los optimistas tiran de historia para encontrar precedentes a los que aferrarse. Entre abril y julio del año pasado el bitcoin también perdió la mitad de su valor en solo tres meses, y acabó recuperándose. Pero nadie sabe dónde estará el suelo en esta ocasión, ni tampoco existe ninguna certidumbre de que el patrón vaya a repetirse.

El ecosistema cripto va mucho más allá del bitcoin. Las cotizaciones de casi 20.000 monedas digitales se mueven cada día en un mercado que vale 1,5 billones de dólares —el bitcoin representa el 42%, aproximadamente—, el equivalente a la capitalización de Amazon. Aunque algunas de ellas han conseguido escapar de las turbulencias, las caídas están siendo generalizadas. Ethereum, la segunda más importante, también se ha dejado más de un 50% de su valor. Y según datos de CoinMarketCap, solo cinco de las mayores 200 no están en números rojos en el acumulado de los últimos siete días.

Los inversores institucionales, que se han ido sumando progresivamente a la fiebre por el bitcoin, también se están viendo penalizados: la firma de software estadounidense MicroStrategy, una de las que más ha apostado por el bitcoin, pierde un 38% de su valor en Bolsa en el último mes. El fabricante de automóvles eléctricos Tesla, que dedicó parte de su efectivo sobrante a comprar bitcoins, e incluso coquetea con la idea de aceptarlo como medio de pago para adquirir sus vehículos, tampoco ha escapado a esa tendencia, aunque en su caso la exposición no es tan grande respecto a su tamaño: la compañía de Elon Musk invirtió 1.250 millones de euros.

We want to give thanks to the author of this short article for this amazing material

El bitcoin enciende las alarmas: pierde la mitad de su valor en menos de tres meses

" } ["summary"]=> string(737) "El consejero delegado de Keynote, Moe Levin, inversor en start ups, interviene en la conferencia anual del bitcoin, celebrada este mes en Miami (Florida).JOE RAEDLE (AFP) El invierno del bitcoin está dejando los ánimos de los inversores bajo cero. La criptomoneda empezó noviembre tocando unos máximos históricos cercanos a 70.000 dólares, y termina enero con ... Read more" ["atom_content"]=> string(6283) "

El invierno del bitcoin está dejando los ánimos de los inversores bajo cero. La criptomoneda empezó noviembre tocando unos máximos históricos cercanos a 70.000 dólares, y termina enero con su precio a la mitad, lastrado por la mayor aversión al riesgo derivada de las próximas subidas de tipos de interés en Estados Unidos, y sobre todo, por los anuncios de nuevas restricciones al minado en Rusia, uno de los epicentros de esta actividad, imprescindible para mantener a flote el precio de la divisa digital.

La penosa evolución de su cotización, muy por debajo del comportamiento de las Bolsas en estos últimos tres meses, está derribando algunos de los mitos que propagaron sus valedores: el bitcoin no está siendo un activo refugio frente a la alta inflación, ni su capacidad de resistir a las turbulencias se parece a la que cabría esperar de un nuevo oro digital, como se le ha llegado a denominar.

Detrás del desplome hay varias razones. Cada nueva pista de una aceleración en el calendario de subidas de tipos por parte de la Reserva Federal estadounidense ha sido recibida con caídas. Y la semana pasada el banco central ruso propuso prohibir las transacciones y el minado de bitcoins, así como vetar la actividad de los exchanges e impedir a las instituciones financieras operar con criptomonedas. Considera que son una amenaza para su soberanía monetaria y la estabilidad financiera del país y de sus ciudadanos debido a su potencial para generar burbujas, y le preocupa sus efectos medioambientales adversos —el minado gasta una ingente cantidad de energía—. Quedaría libre del veto, en cambio, la posesión de criptomonedas.

Una decisión así por parte de Rusia no sería inocua. Es el tercer país donde se lleva a cabo más minado, solo por detrás de EE UU y Kazajistán. Y en este último país las noticias tampoco son positivas: las protestas por el encarecimiento del combustible en este enorme Estado de Asia Central culminaron con el corte total de Internet para evitar que los manifestantes pudieran transmitir la violenta represión desatada desde el Gobierno, lo que dejó a los mineros sin conexión, y, por tanto, sin apenas opciones de continuar su labor en una nación que hasta ahora era considerada un santuario para las criptomonedas por el bajo precio de la energía.

La presión regulatoria está arrinconando cada vez más al bitcoin. En mayo, China vetó las transacciones con criptomonedas, y declaró ilegales el minado e incluso la publicidad de esas divisas. Kazajistán, por su cercanía geográfica, ocupó entonces buena parte del vacío que dejaron las restricciones de Pekín, pero la convulsa situación política interna está haciéndole perder atractivo, y Nayub Bukele, presidente de El Salvador —la primera nación del mundo en incorporar una criptodivisa como moneda legal— ya fantasea con la idea de tomar su lugar y convertir a su país en el gran laboratorio mundial de las criptomonedas.

En España, las últimas medidas se circunscriben al ámbito de las campañas de difusión: la CNMV podrá vetar la publicidad masiva sobre criptomonedas, y obligará a que todas las comunicaciones comerciales incluyan este mensaje de advertencia en un lugar visible: “La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido”.

Conoce en profundidad todas las caras de la moneda.

Suscríbete

Con el precio rondando los 33.000 dólares frente a los 69.000 que llegó a tocar, las imágenes de osos —el animal que en los mercados representa una tendencia bajista— pueblan los foros y grupos de WhatsApp de los pequeños inversores, que se debaten entre venderlo todo en medio de la tormenta o mantener su cartera a la espera de tiempos mejores. Los optimistas tiran de historia para encontrar precedentes a los que aferrarse. Entre abril y julio del año pasado el bitcoin también perdió la mitad de su valor en solo tres meses, y acabó recuperándose. Pero nadie sabe dónde estará el suelo en esta ocasión, ni tampoco existe ninguna certidumbre de que el patrón vaya a repetirse.

El ecosistema cripto va mucho más allá del bitcoin. Las cotizaciones de casi 20.000 monedas digitales se mueven cada día en un mercado que vale 1,5 billones de dólares —el bitcoin representa el 42%, aproximadamente—, el equivalente a la capitalización de Amazon. Aunque algunas de ellas han conseguido escapar de las turbulencias, las caídas están siendo generalizadas. Ethereum, la segunda más importante, también se ha dejado más de un 50% de su valor. Y según datos de CoinMarketCap, solo cinco de las mayores 200 no están en números rojos en el acumulado de los últimos siete días.

Los inversores institucionales, que se han ido sumando progresivamente a la fiebre por el bitcoin, también se están viendo penalizados: la firma de software estadounidense MicroStrategy, una de las que más ha apostado por el bitcoin, pierde un 38% de su valor en Bolsa en el último mes. El fabricante de automóvles eléctricos Tesla, que dedicó parte de su efectivo sobrante a comprar bitcoins, e incluso coquetea con la idea de aceptarlo como medio de pago para adquirir sus vehículos, tampoco ha escapado a esa tendencia, aunque en su caso la exposición no es tan grande respecto a su tamaño: la compañía de Elon Musk invirtió 1.250 millones de euros.

We want to give thanks to the author of this short article for this amazing material

El bitcoin enciende las alarmas: pierde la mitad de su valor en menos de tres meses

" ["date_timestamp"]=> int(1643036351) } [8]=> array(11) { ["title"]=> string(33) "Bitcoin market sell-off continues" ["link"]=> string(83) "https://dispensary-business-news.com/latest-news/bitcoin-market-sell-off-continues/" ["dc"]=> array(1) { ["creator"]=> string(15) "Pauline Moonlky" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 14:02:09 +0000" ["category"]=> string(40) "Latest Newsbitcoincontinuesmarketselloff" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9024" ["description"]=> string(524) "Black Friday turns into a black weekend, turns into a black Monday. Crypto portfolios are also deep red today, January 24th. At the time of writing, Bitcoin (BTC) is trading at $33,737, down another 7.1 percent in just 24 hours. Of course, it looks even worse on a weekly basis: BTC had to give up ... Read more" ["content"]=> array(1) { ["encoded"]=> string(8881) "

Black Friday turns into a black weekend, turns into a black Monday. Crypto portfolios are also deep red today, January 24th. At the time of writing, Bitcoin (BTC) is trading at $33,737, down another 7.1 percent in just 24 hours. Of course, it looks even worse on a weekly basis: BTC had to give up 22 percent in the last seven days.

Things aren’t looking any better in the altcoin market. Ethereum (ETH) loses 11 percent over 24 hours, Solana (SOL) even 19 percent. However, the latter is also due to the fact that the entire Solana network was not available at the weekend.

Overall, the crypto market is losing almost 10 percent in value. At the moment, the market capitalization of all digital currencies is down 9.7 percent and is trading at $1.6 trillion at the level of April last year.

Dax and Nasdaq: All red

The macroeconomic environment is likely to be the reason for the sell-off on the crypto market. Because even towards the start of this trading week, the traditional financial markets are clearly bleeding. In premarket trading, the Nasdaq100 (NDX), the world’s main tech stock index, is 2.75 percent in the red.

Calculated over a week, the figure is even 6 percent. The leading German index DAX also lost feathers with a weekly minus of 3 percent.

To put it bluntly, stock market capitulation is brutal. The markets last reacted so violently in February 2020 when it became apparent that the virus from Wuhan would in all likelihood lead to a global pandemic.

Nasdaq100 Index: All Red. Source: TradingView

The primary reason for the panic on the global financial markets, which now also includes the crypto market, is the interest rate turnaround by the US Federal Reserve. At the beginning of the year, they announced a restrictive monetary policy including interest rate hikes of up to 1 percent.

“Cryptocurrencies have now become a serious asset class. Accordingly, they can no longer escape the turbulence on the market,” writes editor-in-chief Sven Wagenknecht in a current market assessment.

Blood Red Streets

Risk assets such as tech stocks and cryptocurrencies in particular bleed more when central banks tighten monetary policy, as investors then flee to less volatile assets such as bonds and solid stocks.

A look at the fear-and-greed index shows that the Bitcoin market is literally characterized by fear these days.

With 13 out of 100 points, there is not much room for improvement here. The index is now at levels seen during the March 2020 COVID crash.

This in turn should give some experienced traders reason for hope. Finally, after such extreme capitulation events, Bitcoin typically tends to reverse move northward. It is not for nothing that an old stock market adage goes: “Buy when there is blood on the streets.”

Bitcoin is a long-term investment. A look at the historical price development of the cryptocurrency also shows this.

Disclaimer: The article only reflects the personal opinion of the author. It is by no means investment advice intended to make buy or sell recommendations.

BTC-ECHO Magazine (Print & Digital)

The Kryptokompass is the leading German-language magazine on Bitcoin, blockchain & cryptocurrencies.

To the magazine

We would love to thank the writer of this short article for this outstanding content

Bitcoin market sell-off continues

" } ["summary"]=> string(524) "Black Friday turns into a black weekend, turns into a black Monday. Crypto portfolios are also deep red today, January 24th. At the time of writing, Bitcoin (BTC) is trading at $33,737, down another 7.1 percent in just 24 hours. Of course, it looks even worse on a weekly basis: BTC had to give up ... Read more" ["atom_content"]=> string(8881) "

Black Friday turns into a black weekend, turns into a black Monday. Crypto portfolios are also deep red today, January 24th. At the time of writing, Bitcoin (BTC) is trading at $33,737, down another 7.1 percent in just 24 hours. Of course, it looks even worse on a weekly basis: BTC had to give up 22 percent in the last seven days.

Things aren’t looking any better in the altcoin market. Ethereum (ETH) loses 11 percent over 24 hours, Solana (SOL) even 19 percent. However, the latter is also due to the fact that the entire Solana network was not available at the weekend.

Overall, the crypto market is losing almost 10 percent in value. At the moment, the market capitalization of all digital currencies is down 9.7 percent and is trading at $1.6 trillion at the level of April last year.

Dax and Nasdaq: All red

The macroeconomic environment is likely to be the reason for the sell-off on the crypto market. Because even towards the start of this trading week, the traditional financial markets are clearly bleeding. In premarket trading, the Nasdaq100 (NDX), the world’s main tech stock index, is 2.75 percent in the red.

Calculated over a week, the figure is even 6 percent. The leading German index DAX also lost feathers with a weekly minus of 3 percent.

To put it bluntly, stock market capitulation is brutal. The markets last reacted so violently in February 2020 when it became apparent that the virus from Wuhan would in all likelihood lead to a global pandemic.

Nasdaq100 Index: All Red. Source: TradingView

The primary reason for the panic on the global financial markets, which now also includes the crypto market, is the interest rate turnaround by the US Federal Reserve. At the beginning of the year, they announced a restrictive monetary policy including interest rate hikes of up to 1 percent.

“Cryptocurrencies have now become a serious asset class. Accordingly, they can no longer escape the turbulence on the market,” writes editor-in-chief Sven Wagenknecht in a current market assessment.

Blood Red Streets

Risk assets such as tech stocks and cryptocurrencies in particular bleed more when central banks tighten monetary policy, as investors then flee to less volatile assets such as bonds and solid stocks.

A look at the fear-and-greed index shows that the Bitcoin market is literally characterized by fear these days.

With 13 out of 100 points, there is not much room for improvement here. The index is now at levels seen during the March 2020 COVID crash.

This in turn should give some experienced traders reason for hope. Finally, after such extreme capitulation events, Bitcoin typically tends to reverse move northward. It is not for nothing that an old stock market adage goes: “Buy when there is blood on the streets.”

Bitcoin is a long-term investment. A look at the historical price development of the cryptocurrency also shows this.

Disclaimer: The article only reflects the personal opinion of the author. It is by no means investment advice intended to make buy or sell recommendations.

BTC-ECHO Magazine (Print & Digital)

The Kryptokompass is the leading German-language magazine on Bitcoin, blockchain & cryptocurrencies.

To the magazine

We would love to thank the writer of this short article for this outstanding content

Bitcoin market sell-off continues

" ["date_timestamp"]=> int(1643032929) } [9]=> array(11) { ["title"]=> string(46) "Cosmos, Chainlink, GALA Price Analysis: Jan 24" ["link"]=> string(91) "https://dispensary-business-news.com/chainlink/cosmos-chainlink-gala-price-analysis-jan-24/" ["dc"]=> array(1) { ["creator"]=> string(12) "Paula Hooper" } ["pubdate"]=> string(31) "Mon, 24 Jan 2022 13:32:07 +0000" ["category"]=> string(35) "ChainlinkanalysisCosmosGALAJanPrice" ["guid"]=> string(44) "https://dispensary-business-news.com/?p=9018" ["description"]=> string(604) "As Bitcoin struggled to cross its 4-hour 20-SMA, Cosmos, Chainlink, and Gala continued to show bearish short-term technical indicators. After a huge spike in selling volumes, Chainlink had to defend the $15.16 zone to prevent a further breakout. The RSI of Cosmos and Gala saw reversal patterns while their prices were still swinging below the ... Read more" ["content"]=> array(1) { ["encoded"]=> string(6559) "

As Bitcoin struggled to cross its 4-hour 20-SMA, Cosmos, Chainlink, and Gala continued to show bearish short-term technical indicators. After a huge spike in selling volumes, Chainlink had to defend the $15.16 zone to prevent a further breakout.

The RSI of Cosmos and Gala saw reversal patterns while their prices were still swinging below the 20-50-200 SMA.

cosmos (atom)

Source: TradingView, ATOM/USDT

After retesting the $32.58 level for more than seven weeks, the bulls finally initiated an inverse head and shoulders breakout on Jan. 1. The alt saw a staggering ROI of 79.61% (from its low on Dec 29) and rallied towards its 5-week high on Jan 7.

While the bears secured the resistance at $43, the bulls continued to defend the 23.6% Fibonacci support until Jan 21. The recent sell-off saw ATOM lose 35.6% of its value and 38.2% support.

Meanwhile, the 20 MS (red) submerged below the 50-200 MSM, confirming the growing selling influence. During the last day, the bulls reclaimed the 38.2% level, but failed to cross the 200-day SMA.

At press time, ATOM was trading at $32.58. The RSI saw a descending channel (yellow) after finding resistance at the midline. It showed a bearish edge in the short term. On the other hand, the MACD The histogram found a close above breakeven, but its lines still picked sellers.

Chain link (LINK)

LINK bulls broke through multiple resistance levels at $20.86, $22.42 and $24.46 until sellers stepped in at the $25.75 mark on Jan 16. As a result, the alt marked a falling wedge (yellow) on its 4-hour chart. It lost 45.67% of its value (as of January 16) and reached its six-month low on January 22.

The recent bearish candlesticks were supported by high volumes, as evidenced by the volume oscillator. This reading implied a strong selling influence. Now the $15.16 zone becomes vital for the buyers to step in and stop the sell-off.

At press time, LINK was trading at $15.7. the alternate RSI it was still hovering in the oversold region. Crossing the 45 mark is crucial for the bulls to support the recovery phase.

GALA

GALAUSDT 2022 01 24 12 04 36

Source: TradingView, GALA/USDT

Since reaching its ATH on Nov 26, GALA has persistently marked lower peaks and troughs as it lost support at $0.421 on Jan 5. Then, it formed a falling channel and a falling wedge only to witness another sell-off on January 21.

GALA lost 63.98% of its value from January 5 until it hit its two-month low on January 22. Now the immediate testing point for the bulls was in the 20-high school (cian).

At press time, GALA was trading 78% below its ATH at $0.18124. The RSI oscillated in a descending broadening wedge during the last 12 days. A sustained close above the 37 level could trigger a scheduled breakout. The CMF it continued to represent weak signals as it refused to cross the zero line for a while.

This is an automatic translation of our English version.

We wish to give thanks to the author of this short article for this outstanding web content

Cosmos, Chainlink, GALA Price Analysis: Jan 24

" } ["summary"]=> string(604) "As Bitcoin struggled to cross its 4-hour 20-SMA, Cosmos, Chainlink, and Gala continued to show bearish short-term technical indicators. After a huge spike in selling volumes, Chainlink had to defend the $15.16 zone to prevent a further breakout. The RSI of Cosmos and Gala saw reversal patterns while their prices were still swinging below the ... Read more" ["atom_content"]=> string(6559) "

As Bitcoin struggled to cross its 4-hour 20-SMA, Cosmos, Chainlink, and Gala continued to show bearish short-term technical indicators. After a huge spike in selling volumes, Chainlink had to defend the $15.16 zone to prevent a further breakout.

The RSI of Cosmos and Gala saw reversal patterns while their prices were still swinging below the 20-50-200 SMA.

cosmos (atom)

Source: TradingView, ATOM/USDT

After retesting the $32.58 level for more than seven weeks, the bulls finally initiated an inverse head and shoulders breakout on Jan. 1. The alt saw a staggering ROI of 79.61% (from its low on Dec 29) and rallied towards its 5-week high on Jan 7.

While the bears secured the resistance at $43, the bulls continued to defend the 23.6% Fibonacci support until Jan 21. The recent sell-off saw ATOM lose 35.6% of its value and 38.2% support.

Meanwhile, the 20 MS (red) submerged below the 50-200 MSM, confirming the growing selling influence. During the last day, the bulls reclaimed the 38.2% level, but failed to cross the 200-day SMA.

At press time, ATOM was trading at $32.58. The RSI saw a descending channel (yellow) after finding resistance at the midline. It showed a bearish edge in the short term. On the other hand, the MACD The histogram found a close above breakeven, but its lines still picked sellers.

Chain link (LINK)

LINK bulls broke through multiple resistance levels at $20.86, $22.42 and $24.46 until sellers stepped in at the $25.75 mark on Jan 16. As a result, the alt marked a falling wedge (yellow) on its 4-hour chart. It lost 45.67% of its value (as of January 16) and reached its six-month low on January 22.

The recent bearish candlesticks were supported by high volumes, as evidenced by the volume oscillator. This reading implied a strong selling influence. Now the $15.16 zone becomes vital for the buyers to step in and stop the sell-off.

At press time, LINK was trading at $15.7. the alternate RSI it was still hovering in the oversold region. Crossing the 45 mark is crucial for the bulls to support the recovery phase.

GALA

GALAUSDT 2022 01 24 12 04 36

Source: TradingView, GALA/USDT

Since reaching its ATH on Nov 26, GALA has persistently marked lower peaks and troughs as it lost support at $0.421 on Jan 5. Then, it formed a falling channel and a falling wedge only to witness another sell-off on January 21.

GALA lost 63.98% of its value from January 5 until it hit its two-month low on January 22. Now the immediate testing point for the bulls was in the 20-high school (cian).

At press time, GALA was trading 78% below its ATH at $0.18124. The RSI oscillated in a descending broadening wedge during the last 12 days. A sustained close above the 37 level could trigger a scheduled breakout. The CMF it continued to represent weak signals as it refused to cross the zero line for a while.

This is an automatic translation of our English version.

We wish to give thanks to the author of this short article for this outstanding web content

Cosmos, Chainlink, GALA Price Analysis: Jan 24

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