sheelen10

@sheelen10

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Trump’s presidency “encourages more robust onchain activity, which benefits altcoins such as Ethereum and Solana significantly,” Steno said.

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A UK court famously ruled in March that Wright was not Bitcoin’s pseudonymous creator. He essentially admitted the same on his website in July.

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The ruling was part of a case brought forward by the Crypto Open Patent Alliance, which filed suit against Wright for breaching a July court order that prevented him from filing lawsuits on the basis that he was Nakamoto.

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The bulls are trying to push the price back above the 20-day EMA but are likely to encounter stiff resistance from the bears. If the price turns down from the 20-day EMA, the bears will again try to sink the SHIB/USDT pair below the 50-day SMA. If that happens, the pair could decline to $0.000020.

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Contrarily, a break and close above the 20-day EMA will indicate demand at lower levels. The TON/USDT pair could rise to $7.20, where the bears are expected to enter.

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“Recent strength on $ETH is nice to see but we are now approaching the first ‘trouble area’ on the ETH/BTC pairing,” part of a corresponding X post said.

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Trader Credible Crypto considered the odds of a sub-$3,000 dip on ETH/USD firs

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“Ethereum has revisited the ~$3700 resistance of its main market structure (light blue),” he wrote alongside an illustrative chart.

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Earlier, Cointelegraph reported on manipulatory moves by large-volume traders impacting short-term BTC price performance.

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“High leverage may trigger potential liquidations in the short term,” IT Tech, a contributor at onchain analytics platform CryptoQuant, told X followers while responding to the data.

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The latest data from monitoring resource CoinGlass confirmed that the bulk of ask liquidity was laddered above $97,000 at the time of writing.

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Fellow market participant The Kingfisher, known for covering liquidation levels on exchange order books, noted liquidity above and below the spot price being hunted on the day.

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“Fantastic retest of $91,000 as support,” trader and analyst Rekt Capital said, striking a positive tone on the latest market moves on X.

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BTC/USD refused to cave to selling pressure, leaving $90,000 unviolated and instead respecting a new support level forming over the past two weeks.

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As reported by Cointelegraph, the most logical scenario for BTC is to retest the $100,000 resistance level. But first, a daily candle close above the overhead resistance at $96,400 is needed.

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“Tokenization is likely to play a significant role, enabling collective ownership and growth while avoiding centralized control,” Casey added.

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Meanwhile, DAIS aims to pilot a new AI regulatory model in Bermuda “to define principles that can accommodate decentralized organizations,” Casey said.

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Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importntly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation.

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There should be a news organization which for ech story makes and discloses a corresponding bet on a prediction market.

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A warm Farcaster welcome to @cindy2024!

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