Investors seem to be preoccupied using the final match from the FIFA World Cup 2022 in Qatar, because the cryptocurrency marketplace is lacking of volatility on Sunday. With all this, the Bitcoin cost conjecture has not altered much during the day, as BTC remains over the important support degree of $16,550.
Following a collapse of FTX and concerns that Binance is within risk, most crypto buying and selling platforms are holding payments because of liquidity concerns.
Giant DCG Locked Nearly $300 Million in Crypto Among Liquidity Issues
Bitvavo, a cryptocurrency buying and selling platform located in the Netherlands, claims that Digital Currency Group (DCG) is holding back vast sums of dollars because of liquidity concerns.
Bitvavo has announced inside a recent statement that DCG, that provides off-chain staking services to Bitvavo, has suspended repayments before the company’s current liquidity scenario is resolved. Bitvavo maintains the problems being felt by DCG won’t affect its service by any means.
Bitvavo claims the problems DCG is experiencing won’t affect its service by any means.
“DCG is presently experiencing liquidity problems because of the current turbulence within the crypto market. Consequently, DCG has suspended repayments until this liquidity issue continues to be resolved…
Based on Bitvavo, which oversees €1.6 billion in crypto assets, DCG will ultimately pay back its debt of roughly $280 million. The cryptocurrency exchange also notes that it won’t be restricting withdrawals for purchasers because of DCG’s default.
The market’s ongoing fear is keeping Bitcoin along with other cryptocurrencies pressurized.
Bitcoin Cost Prediction
The present Bitcoin cost is $16,747, and also the 24-hour buying and selling volume is $11 billion. Bitcoin has fallen by .10% in the last 24 hrs. CoinMarketCap now ranks first, having a live market cap of $322 billion. It features a total volume of 21,000,000 BTC coins along with a circulating way to obtain 19,236,818 BTC coins.
On Sunday, the BTC/USD is anticipated to discover initial support near $16,560. With RSI and MACD within the oversold zone, BTC prices could surge towards the 23.6% Fibonacci retracement degree of $17,000.
Up forward, the 38.2% Fibonacci retracement point and also the 50-day simple moving average at $17,250 will behave as new resistance for that BTC/USD pair. However, if BTC prices drop below $16,570, the $16,150 support level turn into vulnerable.
High-Profitability Alternative Coins
The present risk-off mentality within the global crypto marketplace is keeping cost action under control, but you will find couple of coins making the news.
We will try them out?
FightOut (FGHT) – Presale Launches
Using the launch of their presale, FightOut, a brand new move-to-earn (M2E) fitness application and gym chain that aims to create the fitness lifestyle to web3, has received the interest of investors who begin to see the project as getting the possibility to transform the present web3 M2E landscape.
While existing M2E apps like StepN only measure steps and wish costly non-fungible token (NFT) buy-ins to participate, FightOut provides a more comprehensive method of tracking and having to pay its users for exercise and activity without requiring such buy-ins.
Because the presale elevated over $2.86 million within days, interested investors ought to act rapidly to secure their FGHT tokens in the current cost of 60.06 USDT for 1 USDT.
The FightOut crypto ecosystem is going to be operated by the FGHT gold coin.
Dash 2 Trade (D2T) – Presale Enters Final Stage
Dash 2 Trade is definitely an exciting cryptocurrency buying and selling platform startup to place your money. The approaching analytics and social buying and selling platform is anticipated to accept crypto buying and selling sector by storm using its improvements.
One of the features are buying and selling signals, social sentiment as well as on-chain indicators, a pre-purchase token scoring system, an expression listing alert system, along with a strategy back-testing tool.
The D2T token, which users must purchase and hold to use the platform’s services, perseverence the Dash 2 Trade ecosystem. Dash 2 Trade is presently managing a token pre-purchase at drastically reduced prices, with sales barely exceeding $ten million.
Tokens are presently available to buy at $.0533 per token and will also be on multiple centralized exchanges over the following month.
Calvaria (RIA) – Final Presale Stage Now
RIA, a brand new play-to-earn fight card crypto game, may be realized. Calvaria’s mission would be to increase cryptocurrency acceptance by setting up a bridge between your real life and cryptocurrency by means of an enjoyable and simple-to-play crypto game. Investors may want to consider Calvaria’s RIA token pre-purchase.
Calvaria has earned $2.48 million and it is nearing the finish of their fundraiser campaign, with simply 20% of tokens remaining.