FORESTPLUS/USDT signal on KUCOIN

FORESTPLUS/USDT signal on KUCOIN

WARNING: If you are seeing this signal outside of cryptoqualitysignals.com website, you may be victim of a SCAM. Contact [email protected] if you have any questions about it.

IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


Chainlink Prints New All-Time High Despite Pump And Dump FUD

Chainlink Prints New All-Time High Despite Pump And Dump FUD

Chainlink Hits Yet Another All-Time High, Tops Ethereum's Search Volume

Whether this is a case of “Fear of Missing Out” (FOMO) or not, it seems there’s no stopping Chainlink (LINK) from printing a new all-time high, just 20 days after the previous one.

LINK reached $9.2502 on Aug. 4, one day after volatility rattled the crypto markets, which caused the price to crawl back below $7 before the LINK holders (Link Marines, as they are called on Reddit and Twitter) managed to push the price up to $8.2814.

As of press time, LINK is at $9.69, higher than yesterday, which means the popular cryptocurrency is on the verge of another all-time high. There are signs of exhaustion, as noted by the indicators and the fact that the daily price is above the upper line of the Bollinger Band. However, history shows that in a wild crypto bull run, indicators appear to not matter.

Such was the case of Bitcoin at $11,048 on July 27, when the RSI and other indicators printed oversold signals. Yet the benchmark cryptocurrency managed to close at $11,890 6 days later and reached $12,000 the next day.

LINK’s value is now 89 percent higher than it was on July 6, when it broke above $5 for the first time, and 44 percent higher than when it fell to $6.5 after a strong price rally to its previous all-time high at $8.94.

What comes next for the popular altcoin remains to be seen. According to analytics firm Santiment, the social sentiment and the trading volume for LINK has continually increased, indicating that there might be more upsurge in LINK. There are signs of exhaustion, but as mentioned, if the market is truly in a bull run, no indicator could possibly properly predict where LINK is headed to. This is the same as for other cryptocurrencies.

The narrative for Chainlink is also affected by the news surrounding Zeus Capital, which reportedly said it is building a short position on LINK. The firm allegedly called the Chainlink team inexperienced and accused them of price manipulation. Several pieces of evidence linked Zeus Capital to Nexo Finance, but Nexo declined. More recently, it was revealed that Zeus Capital is offering influencers to spread FUD (fear, uncertainty, and doubt) through charts and statements.

But as the price action shows, LINK has shown no signs of it being weak and is on the verge of printing a new all-time high today.

Source: cryptomoneyteam.co

Author: By TeamMMG


Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments

Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments

Coinbase Wallet, a service of the largest crypto exchange in the United States, now supports “.crypto” domains via an integration with blockchain domain provider Unstoppable Domains.

Coinbase users can now send payments to each other by simply typing a .crypto domain instead of using long-form cryptographic addresses, Unstoppable Domains told Cointelegraph on Aug. 5.

By introducing the new integration, Coinbase Wallet joins major crypto exchange Huobi, which announced a similar feature in late June. 

Brad Kam, co-founder of Unstoppable Domains, says that Coinbase Wallet is the first platform to offer an “all in one solution” for all cryptocurrencies offered by the wallet. According to Unstoppable Domains, Coinbase wallet supports .crypto domains in Bitcoin (BTC), Ether (ETH) and any other currencies provided by the wallet.

Apart from Huobi and Coinbase Wallet, .crypto domains have also been supported by Trust Wallet, an official self-custody wallet owned by the world’s largest crypto exchange, Binance.

Alongside featuring Unstoppable Domains-powered domains, Coinbase wallet will also offer custody support for .crypto domains in the collectibles section of its application. The Winklevoss-founded Gemini exchange also rolled out custody for .crypto domains on July 23.

Coinbase users can also register and manage domains via the Coinbase decentralized application (DApp) browser. In order to send a transaction to a domain, Coinbase users need to  pradd their wallets to Unstoppable Domains within the DApp browser, Kam explained. 

Blockchain technology is being increasingly implemented by domain name providers. On July 21, major domain registry Verisign acquired a blockchain patent to transform traditional domains into blockchain user addresses to enable interactions with other participants on the network. After launching Ethereum-based .crypto domains in late 2019, Unstoppable Domains has registered more than 200,000 domains to date.

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Source: crytonow.com

Author: adminhttps://crytonow.com


AGI/BTC signal on KUCOIN

AGI/BTC signal on KUCOIN

WARNING: If you are seeing this signal outside of cryptoqualitysignals.com website, you may be victim of a SCAM. Contact [email protected] if you have any questions about it.

IMPORTANT: The information in this signal is meant for educational purposes only. Please, do not consider it as financial advice. There is no guarantee about the signal information or any results you may get by trading with it.

Source: cryptoqualitysignals.com

Author: cryptoqualitysignals


Analyst Says Market That 'Knows All' Just Sent Major Warning Signal – Here's Why Bitcoin Is in the Crosshairs

Analyst Says Market That ‘Knows All’ Just Sent Major Warning Signal – Here’s Why Bitcoin Is in the Crosshairs

Securities trader and analyst Alessio Rastani says the market that “knows all” is flashing a warning signal that could spell trouble for Bitcoin (BTC).

In his latest market review, Rastani explains why the bond market is a reliable indicator of the performance of the stock market.

“Bonds are typically traded by big institutions, big funds. So for that reason, what the smart money, what these big institutions are doing, how they’re betting on the bond market is quite important. Often, we see signs or warnings in the bond market before we see it in the actual stock markets.”

Rastani emphasizes that stocks and bonds usually go in the opposite direction as bonds are viewed as a hedge against the stock market. But as of late, stocks and bonds are both moving higher, which is an ominous sign according to the trader.

“Bonds have been going up with the stock market, in fact, going up together. That’s not a good sign because that means one of these charts is not correct. Something is not quite right here…

Whenever bonds are going up, it means the forces of deflation, not inflation, are still with us… Deflation is winning and inflation is losing. That’s pretty bad.”

The trader explains that deflation is a vicious cycle that starts with falling demand and creates declining prices, debt defaults, insolvencies, and layoffs, which leads to more falling demand, and so on.

As deflation rears its ugly head, Rastani says that it creates an environment that’s ripe for a spike in volatility.

“The fact that bonds are going up with the stock market is warning us. Again, deflation is winning and uncertainty and volatility are coming for us, potentially next few weeks and months.”

As for Bitcoin, Rastani says the fortune of the king crypto continues to be tied to the stock market. Should the stock market fall, it is likely that BTC will follow suit.

“Because of the correlation between the S&P, the stock markets, and Bitcoin, it’s very possible that when the stock markets start their correction, their retracement, that could influence Bitcoin, too. We’ve seen before how Bitcoin and the stock market often move in tandem, in correlation…

Once the S&P has a major retracement, once it has a major pullback or correction, I think we could see a similar correction, major, deep correction in the price of Bitcoin as well.”

Source: dailyhodl.com


FORESTPLUS/USDT signal on KUCOIN


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