The Head of the Commodity Futures Trading Supervisory Agency (Bappebti), Didid Noordiatmoko, revealed that there would be additional costs after the launch of the Indonesian Crypto Exchange. Didid explained that this additional cost was because PT Bursa Komoditi Nusantara or Commodity Future Exchange (CFX), as a crypto asset exchange, needed a fee to continue its […]
Bitcoin In my opinion, predicting the precise next move of Bitcoin’s price, whether it will reach $28K or $32K, is challenging due to the inherent volatility of the cryptocurrency market. While technical analysis can provide insights into potential support and resistance levels, it’s important to remember that the cryptocurrency market is influenced by a multitude […]
In the not-so-distant past, Non-Fungible Tokens (NFTs) were the talk of the town, with skyrocketing prices and bustling communities. However, as time passed, the NFT market has experienced a dramatic decline, leaving it in a state of stagnation. Many argue that the NFT bubble has burst, resulting in dwindling interest, inactive communities, and a general […]
Major Trendline and 31k S/R level: A trendline is a line drawn on a price chart that connects important price points. A significant level of support and resistance (S/R) is observed at the $31,000 price level. 5 Consecutive Candle Closes below key level: If the price of Bitcoin has closed below the critical $31,000 level […]
1. No taxes on Bitcoin Biden wants to kill crypto by removing tax loopholes on crypto traders and slapping Bitcoin miners with hefty rates. RFK Jr. on the other hand wants to make Bitcoin exempt from capital gains taxes when converting BTC to USD. A world without taxes on Bitcoin, yes please! Sign me up! […]
Bitcoin’s bounce from the local range lows and RSI’s rebound at 50, suggesting the bearish divergence has run its course. Could we be on our way back to the upper end of the range?Patience is key while we await the breakout direction. #Bitcoin#Altcoins#CryptoMarket Altcoins Are Heating Up! Altcoins are moving across the board, which is […]
Tremendous growth has taken place in the crypto world with the merging of artificial intelligence (AI) and “Big Data”. This dynamic sector has achieved a position among the top 10 industries experiencing tremendous market capitalization growth this year. By using advanced algorithms and machine learning techniques to analyze large data sets, the AI and Big […]
Italian football club AC Milan has extended its partnership with BitMEX, the cryptocurrency exchange that will become the team’s first jersey sponsor in 2021. The extended deal saw BitMEX named as a premium partner of AC Milan, in addition to its official cryptocurrency trading partner title held since 2021. The BitMEX logo has appeared on […]
DAILY CHART Bitcoin dipped yesterday, but quickly recovered. Now it is continuing to show further weakness. On the positive side, RSI is at 50, which is considered support and if it can close in the current area, then hidden bullish divergence is possible – a higher low on price and lower low on RSI. That […]
Bitcoin’s price is currently experiencing downward movement, approaching the $29,200 level. However, for a potential upward surge in the near future, it is crucial for BTC to surpass the $30,500 mark. The prevailing market conditions show bearish signals as Bitcoin is trading below both the $30,300 level and the 100-hourly Simple Moving Average. On the […]