CEO Biwari,African crypto evangelist, investor and blockchain developers. My mission is that Africans do not miss this major technological shift of our century
After retesting the 92,000 $ for the second time, marking the low of the previous range, the verdict is clear: a new rejection.
However, despite a mixed reaction, particularly during the crypto summit, Bitcoin continues to evolve within the pattern I am monitoring, while remaining above a key support in my eyes.
As long as the price does not break the Weekly Kijun downwards towards 82,000 $ (in purple), I maintain my scenario of a bottom followed by a bullish breakout to reach 100,000 $ ⏳.
The CME gap at 86,400 $ makes me think that the levels of 80,000 $ and 85,000 $ should hold as supports, even if a retest of the bottom of the pattern remains possible.
Let’s remember that a week ago, everyone was Bearish. Then on Sunday, two tweets from Trump were enough to shift the sentiment to Bullish, before Monday when the market turned Bearish again. In short, everything remains possible, and above all, the market is heavily manipulated.
Economist Peter Schiff: "The Crypto Summit is a disgrace. It's a national humiliation. The crypto faction that has taken control of the White House is exactly what our Founding Fathers warned us about. This will be a scourge on the legacy that Trump will leave and marks a low point for the presidency and the United States." 🇺🇸
Although Trump’s crypto summit at the White House may have seemed underwhelming—especially given the high expectations for groundbreaking announcements that would propel crypto to stratospheric heights—many are disappointed, claiming that "nothing happened."
However, several major developments were confirmed: - A dozen key industry leaders gathered at the White House to discuss Bitcoin. - The President declared that he would never sell his BTC. - Global powers like China and Russia watched this strategy unfold live, which could push them to follow suit to avoid being left behind. - The national Bitcoin reserve was officially recognized, already holding 200,000 BTC. - A strong commitment to acquiring even more Bitcoin and creating another reserve with other cryptocurrencies. - A regulatory framework for stablecoins will be implemented very soon. - Banks will be allowed to offer crypto services to their clients. We are nowhere near seeing even 1% of these advancements in Europe, let alone in Africa. This event marks a historic turning point for the industry and stands in stark contrast to Biden’s anti-crypto stance.
Tonight, they laid the first brick of their Bitcoin strategy—the foundation of their crypto vision!
There are people who probably sold Bitcoin on its support thinking that it would go lower, while it will surely regain all the decline of the last few days and go for the 116,000$ by the end of the month.
In a recent shareholder vote, Microsoft rejected the idea of investing in BTC. The reason? Risk and volatility. Is it hesitation or fear about the future of crypto?
Big players like Microsoft often change their position, but usually when it’s too late. 💡 What do you think: when will they change their minds?
Telegram founder and CEO Pavel Durov has appeared for the first time before a Paris judge, three months after his arrest and indictment in France.
The Telegram CEO expressed his confidence in the French justice system, while maintaining that it is "absurd" to hold him responsible for content posted by other users.
Telegram recently changed its privacy and moderation policy, allowing users to report illegal content in private chats.
Bitcoin starts 2024 at over $45,000, its highest point since April 2022
Bitcoin hits over $45,000 in 2024, its highest since April 2022, boosted by a rise of over 4.5% in a matter of hours. This increase, the most significant in two years, exceeds 2023 price levels.
Spot Bitcoin ETFs are sparking speculation about the rise, with SEC approval imminent according to sources. Markets react, Ether, SOL and AVAX rise, while liquidations of over $63 million on Bitcoin are recorded.
Some are forecasting a move above $50,000 this week, linked to growing interest in futures, but the outcome will depend on whether ETFs are approved by January 10.
After a prolonged correction, this asset found solid support at $4.80 and stayed there remarkably. At this level, we note a strong interest from buyers, with positions accumulated transferred to cold wallets (portfolios cold wallets). An intriguing strategy, isn’t it? Technically, the second wave of the Elliott structure is now complete. The RSI indicator is also approaching oversold, while sales volumes are declining. Signs of a recovery are palpable. In the context of a general market recovery
Net Bitcoin ATMs see an increase after 4 months of global downward trend
🌐 In the first four months of 2023, the net number of crypto ATMs globally decreased by 5,850. Over the period, as major economies including the US and Europe contributed As numbers dwindle, Australia, Poland, and Spain have ramped up crypto ATM installations in their respective regions
An e-euro soon to be tested? – The pace is accelerating for the advent of the digital euro. From now on, the European Central Bank (ECB) gratifies us with an update on its progress almost every month. The design of an e-euro prototype is coming to an end, and a next step will now begin. A step that will bring this central bank digital currency (MNBC) closer to future functional tests.
The price of BNB (BNB) on Tuesday, May 30, 2023 is 311.99 USD (290.69 EUR). This represents a price increase of 0.31% over the last 24 hours. The market cap of this cryptocurrency stands today at $48,642,082,998.56. A total of 155,856,890.01 BNB are currently in circulation and the volume of BNB traded over 24 hours is $164,546,356.23
The price of Ethereum (ETH) on Wednesday, May 31, 2023 is 1,906.13 USD (1,778.52 EUR). This represents a price increase of 0.42% over the last 24 hours. The market cap of this cryptocurrency stands today at $229,278,185,849.04. A total of 120,250,458.23 ETH are currently in circulation and the volume of Ethereum traded over 24 hours is $2,476,294,308.40
The price of Bitcoin (BTC) on Wednesday, May 31, 2023 is 27,075.07 USD (25,332.79 EUR). This represents a price decrease of -2.46% over the last 24 hours. The market cap of this cryptocurrency stands today at $525,712,656,138.20. A total of 19,387,556.00 BTC are currently in circulation and the volume of Bitcoin traded over 24 hours is $6,975,764,011.02
Tether (USDT) plans to generate power and mine Bitcoin in Uruguay. The company recently announced that it will invest up to 15% of its profits in BTC to strengthen its reserves