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carrie11cady

@carrie11cady

199 Following
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anniean32y
@anniean32y
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bonniejo7ly
@bonniejo7ly
Singapore has emerged as a global leader in blockchain, in terms of blockchain patents, jobs and crypto exchanges in the country, according to a December study by ApeX Protocol.
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cathyme8rewgu
@cathyme8rewgu
Singapore doubled the number of yearly digital asset licenses issued in 2024.
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ellabe2lla
@ellabe2lla
These licenses may further solidify Singapore’s status as a global blockchain leader, according to Mouloukou Sanoh, co-founder and CEO of MANSA, who wrote:
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charl3mmm
@charl3mmm
Management consulting firm Gallup surveyed up to 100,000 people registered in its multimode panel between Dec. 4-15, almost a full month after Republican Donald Trump won the US presidential election.
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sophia5stist
@sophia5stist
The bearish figures are still an improvement over 2023’s 9% and 14% survey outcome, respectively, for US political cooperation and international peace.
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carrie11cady
@carrie11cady
That said, Bitcoin rallied when the local US banking system showed signs of fragility in early 2023, as seen by the shock collapses of Silicon Valley Bank and Signature Bank, to name a few.
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carrie11cady
@carrie11cady
Bitcoin tanked around 8% in an hour when Iran bombed Israel in a retaliatory attack on April 13 and also plummeted nearly 11% across Feb. 23 to 24, 2022, when Russia invaded Ukraine, CoinGecko data shows.
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carrie11cady
@carrie11cady
Still, Bitcoin may be in for a bumpier ride should there be more international disputes.
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carrie11cady
@carrie11cady
Data from Bitcoin analytics platform Newhedge shows Bitcoin has a volatile correlation to the Standard and Poor’s 500 (S&P 500), though some industry executives have pointed out that Bitcoin’s price movements are more closely tied to tech stocks.
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carrie11cady
@carrie11cady
That said, Bitcoin rallied when the local US banking system showed signs of fragility in early 2023, as seen by the shock collapses of Silicon Valley Bank and Signature Bank, to name a few.
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9 recasts
19 reactions

carrie11cady pfp
carrie11cady
@carrie11cady
Bitcoin tanked around 8% in an hour when Iran bombed Israel in a retaliatory attack on April 13 and also plummeted nearly 11% across Feb. 23 to 24, 2022, when Russia invaded Ukraine, CoinGecko data shows.
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carrie11cady pfp
carrie11cady
@carrie11cady
Still, Bitcoin may be in for a bumpier ride should there be more international disputes.
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2 recasts
14 reactions

carrie11cady pfp
carrie11cady
@carrie11cady
Data from Bitcoin analytics platform Newhedge shows Bitcoin has a volatile correlation to the Standard and Poor’s 500 (S&P 500), though some industry executives have pointed out that Bitcoin’s price movements are more closely tied to tech stocks.
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carrie11cady
@carrie11cady
The RSI is showing a negative divergence on the 4-hour chart, indicating that the up move is losing steam. A break and close below the 20-EMA will suggest that the bears are trying to make a comeback. The 50-SMA is an important support for the bulls to defend because if they fail in their endeavor, the pair may plummet to $23.
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carrie11cady
@carrie11cady
This positive view will be invalidated in the near term if the price breaks below $27.41. That could sink the pair to the 20-day EMA ($23.87), which is an essential support for the bulls to defend.
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carrie11cady
@carrie11cady
The $27.41 level is the crucial support to watch out for on the downside. If the price turns up from the current level or bounces off $27.41 with strength, it will increase the possibility of a break above $31. The LINK/USDT pair could then start the next leg of the uptrend to $34.50 and later to $38.30.
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carrie11cady
@carrie11cady
Buyers will have to drive the price above $4,000 to increase the likelihood of a break above $4,094. The pair could then rally to $4,500. Alternatively, a drop below $3,500 will tilt the advantage in favor of the bears.
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carrie11cady
@carrie11cady
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carrie11cady
@carrie11cady
The moving averages on the 4-hour chart have flattened out, and the RSI is just above the midpoint, suggesting a possible range-bound action in the near term. The pair may consolidate between $4,094 and $3,500 for some time.
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