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Tesla is reportedly testing the payment option of cryptocurrency Dogecoin.

Electric car maker Tesla is reportedly testing the payment option of cryptocurrency Dogecoin (DOGE). According to a report published by The Block, non-technical people cannot see the DOGE payment option due to its ‘hidden feature.’ However, the backend of Tesla’s website for Dogecoin payments is now active. A software engineer named ‘Tree of Alpha’ on […]

Tesla Reportedly Tests Dogecoin Payment Option, DOGE Climbs 12%

Electric car maker, Tesla is reportedly testing the payment option of cryptocurrency Dogecoin (DOGE). According to a report published by The Block, most of the non-technical people cannot see the D...

TA: Bitcoin Price Starts Corrective Decrease, Can Bulls Protect Losses

Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000 before it faced sellers. The price is trading near $42,750 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $43,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but dips could be limited below the $42,000 level. Bitcoin Price Corrects Gains Bitcoin price extended increase above the $43,200 resistance zone. BTC even spiked above the $44,000 level on two occasions before the bears took a stand. A high was formed near $44,420 and the price is now correcting lower. There was a move below the 23.6% Fib retracement level of the key increase from the $39,660 swing low to $44,420 high. Besides, there was a break below a key bullish trend line with support near $43,250 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading near $42,750 and the 100 hourly simple moving average. On the upside, an initial resistance is near the $43,000 level. Source: BTCUSD on TradingView.com The next major resistance is near the $43,200 level. A clear move above the $43,200 level might send the price towards the $44,000 resistance. Any more gains may perhaps call for a test of the $44,400 resistance zone. The next major resistance is near the $45,500 level, where the bears might appear. More Losses in BTC? If bitcoin fails to start a fresh increase above $43,200, it could continue to move down. An immediate support on the downside is near the $42,500 zone. The first major support is seen near the $42,000 zone. The 50% Fib retracement level of the key increase from the $39,660 swing low to $44,420 high is also near the $42,000 level. A downside break below the $42,000 support zone could lead the price towards the $41,500 level. Any more losses might push the price towards the $40,500 support zone in the coming sessions. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $42,500, followed by $42,000. Major Resistance Levels – $43,200, $44,000 and $44,400.

Solana Price Eyes Another 20% Surge, While Chainlink May Revisit the Buy Zone Yet Again Before Going Parabolic!

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The post Solana Price Eyes Another 20% Surge, While Chainlink May Revisit the Buy Zone Yet Again Before Going Parabolic! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Crypto space had managed the situation pretty well as it maintained a notable upswing for the past couple of days. And hence absorbing the bullish trend, the Solana(SOL) price broke through the descending channel the previous trading day. Conversely, the Chainlink(LINK) price after rallying close to the resistance levels is experiencing a notable pullback.  Solana(SOL)  …

Pakistan’s Central Bank Recommends a Total Crypto Ban (Report)

Cryptocurrencies do not have a legal status and should be completely banned on the territory of Pakistan, the nation's central bank insisted.

How to Deal With Your Finances As a Construction Business Owner

The more your construction business grows, the harder it becomes to organize your finances. You have a constant stream of bills and an increasing number of monthly wages as your team of employees expands. Running your accounts correctly is key to the growth and success of your business. Failure to do so can lead to […]

The post How to Deal With Your Finances As a Construction Business Owner appeared first on Fintech News.

U.S. lawmaker limits Fed’s authority in CBDC issuance through a new bill

Much like most central banks globally, the U.S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country’s pace or urgency with the same might not be anywhere near the likes of China and Nigeria, the digital dollar has already faced one of […]

JUN Meta Presents the World’s First Global P2E Social Casino

JUN Meta, the Klaytn Network-based GameFi project, has announced a launching schedule for the world’s first play-to-earn (P2E) Social Casino centered around non-fungible tokens. The game is expected to launch on January 20th, 2022. Considering that other major P2E social casino providers are in the initial stage of development, JUN Meta can be recognized as […]

Cardano Jumped 7% After Coinbase Restarted Withdrawals

Cardano jumped 7% after Coinbase restarted withdrawals on Wednesday after many traders faced withdrawal issues a week ago so let’s take a closer look at today’s Cardano ADA news. Cardano’s rally was fueled by traders that regained confidence in the protocol and now the HKMA is taking a more gentle approach to retail crypto. Cardano […]

Wikimedia Foundation Called to Stop Accepting Crypto Amid Environmental Concerns

The Wikimedia Foundation is being asked to stop accepting cryptocurrency donations on behalf of Wikipedia, as scrutiny over the industry’s carbon footprint persists.

Why China needs digital yuan?

There were a lot of news in 2021 that China is creating its digital currency: the Digital yuan. Does China change its mind about crypto?

New Mentorship Program, Athlete Women Empowered, Helps Young BIPOC Athletes Overcome Barriers and Prepare for Life After Sport

30+ Canadian industry leaders sign up as mentors for Athlete Tech Group’s first-of-its-kind program empowering student BIPOC women athletes TORONTO–(BUSINESS WIRE)–Athlete Tech Group announced today the launch of Athlete Women Empowered (AWE) – a new mentorship program that uses ground-breaking technology to address barriers faced by BIPOC women athletes and prepare them for life after […]

The post New Mentorship Program, Athlete Women Empowered, Helps Young BIPOC Athletes Overcome Barriers and Prepare for Life After Sport appeared first on Fintech News.

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