Bitcoin’s price continued to be relatively stable, near $16,750 on December 22. The BTC/USD pair started buying and selling at $16,845 and arrived at a higher of $16,873 along with a low of $16,800 on Thursday. The BTC/USD trades sideways because of low buying and selling volume and volatility.
Twitter Updates Search Feature with BTC and ETH Cost Index
On December 21, the Twitter Business account added a brand new feature that’s a noticable difference over “$Cashtags.” Twitter, the social media site, has launched a brand new cryptocurrency tool that enables users to find information about the cost of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers in to the search bar.
The account mentioned any time a person tweets the indication of a substantial stock, exchange-traded fund, or cryptocurrency with $ before it, they will discover a hyperlink that can take these to search engine results that now contain prices graphs for individuals symbols. Additionally, it stated that you’d to complete to determine the cost graph was enter in the ticker symbol for that stock or cryptocurrency you had been thinking about.
Elon Musk, Twitter’s Chief executive officer, announced the brand new feature soon after it had been announced, noting it had become “one of several product enhancements visiting financial Twitter.”
During the time of writing, the only real cryptocurrencies with cost charts are BTC and ETH. However, Twitter Business anticipates increasing the consumer experience and expanding symbol coverage “within the coming days.”
Following Elon Musk’s purchase of Twitter, the website made several crypto-friendly moves. The organization promises to take these steps even more. These measures will benefit the cryptocurrency market and BTC/USD.
SBF in FBI Child custody as FTX Co-founder and Alameda Chief executive officer Pleads Guilty to Fraud
On December 21, an american court announced that FTX co-founder Gary Wang and Caroline Elison, the previous Chief executive officer of sister company Alameda Research, pled guilty to fraud charges and therefore are cooperating with government bodies within their analysis from the crypto exchange’s dramatic fall from elegance.
Damian Johnson, US Attorney for that Southern District of recent You are able to (SDNY), announced the most recent rise in the FTX scandal inside a statement on Wednesday night.
Former FTX Chief executive officer Mike Bankman-Fried, he claimed, is at the government Bureau of Investigation’s (FBI) child custody. In addition, after being deported in the Bahamas, he came back towards the U . s . States. The accusations from the two happen to be announced through the Justice Department, SEC, and CFTC, as SBF travels towards the U . s . States to reply to the allegations.
Attorneys for that Southern District of recent You are able to mentioned that charges have been filed from the pair to achieve cooperation within their analysis into FTX’s demise. However, the SEC has indicated that it’ll charge the 2 for misleading FTX stock investors. The personal bankruptcy of FTX was the most recent inside a string of notable bankruptcies within the cryptocurrency industry this season.
Concerns about contagion caused significant losses in BTC/USD along with other cryptocurrencies during the last month. Consequently, any news concerning the problematic exchange could change up the broader crypto sector.
Bitcoin’s current cost is $16,643, and also the 24-hour buying and selling volume is $15 billion. The BTC/USD pair has lost nearly 1% within the last 24 hrs. Bitcoin’s cost has retrieved towards the $16,700 buying and selling range after falling towards the $16,300 level. For the moment, Bitcoin’s immediate level of resistance is above $16,800, and then any closing prices below this level may suggest a bearish trend.
Bitcoin’s immediate support level is $16,250 or $16,100 a bearish break of the level could expose BTC to $15,650.
Based on the MACD and RSI indicators, there’s presently an assorted bias on the market. The RSI is indicating the marketplace is oversold, as the MACD signifies that there might be upward momentum. These conflicting signals could make it hard to calculate the direction from the market trend.
Finally, the closure of candle lights underneath the 50-day simple moving average shows that the downturn may continue.
Alternative Cryptocurrencies with Greater Short-Term Gains
Cryptocurrencies happen to be buying and selling sideways for many days, prompting some traders to think about alternatives with greater short-term potential. The next are the market’s leading presales, allowing investors to obtain the floor floor.
FightOut (FGHT) – Presale Launches
FightOut, a brandname-new move-to-earn (M2E) fitness application and gym chain that aims to create the fitness lifestyle to web3, has opened up its pre-purchase, and investors believe the work can transform the present web3 M2E landscape.
Existing M2E applications, for example STEPN, only track steps and wish costly non-fungible token (NFT) buy-ins to sign up, whereas FightOut requires a more holistic method of tracking and rewarding its users for his or her exercise and activity and doesn’t require any costly buy-ins.
FightOut’s FGHT tokens are presently selling for 60.06 USDT per 1 USDT, and interested investors ought to act rapidly to secure their tokens, using the presale raising over $2.seven million in a couple of days. The FightOut crypto ecosystem is going to be operated by the FGHT token.
Dash 2 Trade (D2T) – Presale Enters Final Stage
Individuals searching to purchase an encouraging crypto buying and selling platform startup should think about Dash 2 Trade. Using its improvements, the up-and-coming analytics and social buying and selling platform hope to accept crypto buying and selling space by storm. 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 are some of the features.
Dash 2 Trade’s ecosystem is going to be operated by the D2T token, which users must purchase and to use the platform’s features. Dash 2 Trade is presently holding an expression pre-purchase at heavily great deals, with sales lately exceeding $10.26 million.
The pre-purchase dashboard is going to be available soon, because the team of developers is presently in front of schedule. Tokens are presently being offered for $.0533 per token and will also be for auction on multiple centralized exchanges over the following month.
Calvaria (RIA) – Final Presale Stage Now
In 2022, major blockchain-based games for example Axie Infinity lost significant traction. Consequently, many investors thinking about the cryptocurrency gaming space are searching for other available choices. Calvaria, a brand new play-to-earn fight card crypto game, might be a viable choice.
Calvaria aims to improve crypto adoption because they build a bridge between your real life and crypto, by means of an enjoyable and accessible crypto game. Calvaria’s RIA token pre-purchase should be thought about by investors.
Calvaria has elevated $2.51 million, having a crypto whale purchasing $97.5K earlier this year. The presale is nearing the finish, with simply 18% from the tokens remaining.