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Bitcoin Price Analysis: BTC Remains At Risk of More Losses

Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data

The post Bitcoin Price Analysis: BTC Remains At Risk of More Losses appeared first on Live Bitcoin News.

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  • Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar.
  • The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours).
  • There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
  • The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels.

Bitcoin price is showing bearish signs below $35,000 against the US Dollar. BTC must surpass $35,000 and $36,000 to start a steady recovery wave.

Bitcoin Price Analysis

Bitcoin price attempted an upside break above the $40,000 barrier, but it failed to gain traction. BTC topped near $39,400 and it started a fresh decline. There was a break below many important supports near $38,000 and $37,000.

The price tumbled below the $36,000 support zone and the 55 simple moving average (4-hours). There was also a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair.

The pair even declined below $32,000, but it remained stable above $31,000. A low is formed near $31,080 and the price is now correcting losses. It is trading near the $33,000 resistance zone. Besides, it is testing the 23.6% Fib retracement level of the recent decline from the $39,384 swing high to $31,081 low.

The first major resistance on the upside is near the $35,000 level. It is near the 50% retracement level of the recent decline from the $39,384 swing high to $31,081 low.

The main resistance is near the $36,200 level and the 55 simple moving average (4-hours). A clear break above the $36,200 zone could open the doors for a steady recovery wave in the near term.

On the downside, the $32,500 level is a decent support. The main support is now forming near the $31,000 level. If there is a downside break below the $31,000 support, the price could resume its decline.

Bitcoin Price

Bitcoin Price

Looking at the chart, bitcoin price is clearly trading below $36,000 and the 55 simple moving average (4-hours). Overall, the price could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels.

Technical indicators

4 hours MACD – The MACD is slowly losing momentum in the bearish zone.

4 hours RSI (Relative Strength Index) – The RSI is now near the 40 level.

Key Support Levels – $32,000 and $31,000.

Key Resistance Levels – $35,000, $35,300 and $36,200.

Tags: bitcoin, BTC Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.livebitcoinnews.com/bitcoin-price-analysis-btc-remains-at-risk-of-more-losses/

Blockchain

Binance NFT Marketplace Hosts The First ‘Genesis’ NFT Auction

[PRESS RELEASE – Singapore, Singapore, 23rd June 2021] Featuring Legendary Artists Dali & Andy Warhol as NFTs, a tokidoki mystery box, and NFTs from ‘100 Creators’ from around the world! The Binance NFT Marketplace will launch this Thursday, June 24th with a first premium auction titled ‘Genesis’, launching the first series of ‘Mystery Boxes’, and […]

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[PRESS RELEASE – Singapore, Singapore, 23rd June 2021]

Featuring Legendary Artists Dali & Andy Warhol as NFTs, a tokidoki mystery box, and NFTs from ‘100 Creators’ from around the world!

The Binance NFT Marketplace will launch this Thursday, June 24th with a first premium auction titled ‘Genesis’, launching the first series of ‘Mystery Boxes’, and the recently announced ‘100 Creators’ program. Hosted in collaboration with TRON and APENFT the auction will feature exclusive collectibles and can’t-miss content from popular artists and creators, the event is set to be the ultimate, no-compromise NFT experience you’ve been waiting for. Users can participate in the auction, apply for the Mystery Box, and trade in the marketplace starting June 24th at 10 AM (UTC +8).

Premium Event

‘Genesis’ Auction: ‘Three Self-Portraits’ and ‘Divine Comedy: rebeget’

The 3 portrait series are Nirvana, Vitality, and Harmony.

As the first auction taking place on Binance NFT Marketplace, the theme of the ‘Genesis’ auction implies a new wave of Renaissance with NFTs. NFT technology has revolutionized the world of art for good, bringing the concept of digital ownership to life for the very first time. The ‘Genesis’ auction represents this idea and brings two valuable pieces that represent ‘wind of change’ periods in history.

As part of our first “Premium Event” auction, the ‘Genesis’ collection will feature two iconic artworks: Andy Warhol’s’ “Three Self-Portraits” and a newly digitized NFT of Salvador Dali’s “Divine Comedy: rebeget”. Andy Warhol is the leading figure in the pop art movement and Binance NFT exhibits ‘Three Self-Portraits’ to commemorate the revolutionary and disruptive spirit of Andy Warhol.

Warhol’s introduction of mass production techniques to visual art has foreshadowed today’s digital world, where content can be easily copied, downloaded, and reshared. Just as Warhol changed the perception of value when it came to reproducible artwork, NFT technology has forever changed the way value is assigned to digital art. With Three Self-Portraits, Warhol’s pioneering work is celebrated with a community artist’s tribute to Warhol’s original artwork. This recreation series will be available on June 24, with an exclusive run of 100 NFTs.

Dali was invited by the Italian government to commemorate the 700th anniversary of Dante’s birth in 1965, Dante’s Divine Comedy is one of the most recognizable works of literature in the modern world, and Dali’s watercolor illustrations pay tribute to the journey depicted in the Divine Comedy. As a precursor to Renaissance literature, the Divine Comedy has influenced countless artists and helped shape the modern world of art. 2021 marks the 700th anniversary of Dante’s death. To commemorate this, The Divine Comedy NFT was re-designed to have a blockchain element by featuring the bitcoin symbol, CZ’s signature, and the Binance logo in the pattern of the artwork (which can only be seen when you zoom in).

BinanceNFT

Helen Hai, the Head of Binance NFT, said “Binance shares similar values as ‘Genesis’, revolutionizing the fintech space with blockchain technology and crypto, paving the ways as a blockchain pioneer leader, just like how ‘Genesis’ auction will do the same for the NFT industry.”

The auction will also include the first-ever Binance NFT “Mystery Box” featuring 16 collectible ‘tokidoki’ characters, including 3 Binance characters which can only be obtained in the first “Mystery Box” drop, made available exclusively through NFKings Productions on Binance NFT. ‘Tokidoki’, which translates to “sometimes” in Japanese, is an internationally recognized and iconic lifestyle brand based on the vision of Italian artist Simone Legno. Since debuting in 2005, tokidoki has amassed a cult-like following for its larger-than-life characters and emerged as a sought-after global lifestyle brand with over millions of physical tokidoki sold worldwide, and most recently 110,000 digital tokidoki sold out in minutes.

Binance’s brand new “100 Creators” program will also make its debut as part of the “marketplace” category at the ‘Genesis’ auction, which will feature work from talented artists and everyday creators from around the world. Bidding will start at 10 AM UTC on June 24 and the auction will last for 5 days. The winner of ‘Three Self-Portraits’ will also receive the physical art piece shipped by Apenft.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/binance-nft-marketplace-hosts-the-first-genesis-nft-auction/

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Blockchain

Binance NFT Marketplace Hosts The First ‘Genesis’ NFT Auction

[PRESS RELEASE – Singapore, Singapore, 23rd June 2021] Featuring Legendary Artists Dali & Andy Warhol as NFTs, a tokidoki mystery box, and NFTs from ‘100 Creators’ from around the world! The Binance NFT Marketplace will launch this Thursday, June 24th with a first premium auction titled ‘Genesis’, launching the first series of ‘Mystery Boxes’, and […]

Published

on

[PRESS RELEASE – Singapore, Singapore, 23rd June 2021]

Featuring Legendary Artists Dali & Andy Warhol as NFTs, a tokidoki mystery box, and NFTs from ‘100 Creators’ from around the world!

The Binance NFT Marketplace will launch this Thursday, June 24th with a first premium auction titled ‘Genesis’, launching the first series of ‘Mystery Boxes’, and the recently announced ‘100 Creators’ program. Hosted in collaboration with TRON and APENFT the auction will feature exclusive collectibles and can’t-miss content from popular artists and creators, the event is set to be the ultimate, no-compromise NFT experience you’ve been waiting for. Users can participate in the auction, apply for the Mystery Box, and trade in the marketplace starting June 24th at 10 AM (UTC +8).

Premium Event

‘Genesis’ Auction: ‘Three Self-Portraits’ and ‘Divine Comedy: rebeget’

The 3 portrait series are Nirvana, Vitality, and Harmony.

As the first auction taking place on Binance NFT Marketplace, the theme of the ‘Genesis’ auction implies a new wave of Renaissance with NFTs. NFT technology has revolutionized the world of art for good, bringing the concept of digital ownership to life for the very first time. The ‘Genesis’ auction represents this idea and brings two valuable pieces that represent ‘wind of change’ periods in history.

As part of our first “Premium Event” auction, the ‘Genesis’ collection will feature two iconic artworks: Andy Warhol’s’ “Three Self-Portraits” and a newly digitized NFT of Salvador Dali’s “Divine Comedy: rebeget”. Andy Warhol is the leading figure in the pop art movement and Binance NFT exhibits ‘Three Self-Portraits’ to commemorate the revolutionary and disruptive spirit of Andy Warhol.

Warhol’s introduction of mass production techniques to visual art has foreshadowed today’s digital world, where content can be easily copied, downloaded, and reshared. Just as Warhol changed the perception of value when it came to reproducible artwork, NFT technology has forever changed the way value is assigned to digital art. With Three Self-Portraits, Warhol’s pioneering work is celebrated with a community artist’s tribute to Warhol’s original artwork. This recreation series will be available on June 24, with an exclusive run of 100 NFTs.

Dali was invited by the Italian government to commemorate the 700th anniversary of Dante’s birth in 1965, Dante’s Divine Comedy is one of the most recognizable works of literature in the modern world, and Dali’s watercolor illustrations pay tribute to the journey depicted in the Divine Comedy. As a precursor to Renaissance literature, the Divine Comedy has influenced countless artists and helped shape the modern world of art. 2021 marks the 700th anniversary of Dante’s death. To commemorate this, The Divine Comedy NFT was re-designed to have a blockchain element by featuring the bitcoin symbol, CZ’s signature, and the Binance logo in the pattern of the artwork (which can only be seen when you zoom in).

BinanceNFT

Helen Hai, the Head of Binance NFT, said “Binance shares similar values as ‘Genesis’, revolutionizing the fintech space with blockchain technology and crypto, paving the ways as a blockchain pioneer leader, just like how ‘Genesis’ auction will do the same for the NFT industry.”

The auction will also include the first-ever Binance NFT “Mystery Box” featuring 16 collectible ‘tokidoki’ characters, including 3 Binance characters which can only be obtained in the first “Mystery Box” drop, made available exclusively through NFKings Productions on Binance NFT. ‘Tokidoki’, which translates to “sometimes” in Japanese, is an internationally recognized and iconic lifestyle brand based on the vision of Italian artist Simone Legno. Since debuting in 2005, tokidoki has amassed a cult-like following for its larger-than-life characters and emerged as a sought-after global lifestyle brand with over millions of physical tokidoki sold worldwide, and most recently 110,000 digital tokidoki sold out in minutes.

Binance’s brand new “100 Creators” program will also make its debut as part of the “marketplace” category at the ‘Genesis’ auction, which will feature work from talented artists and everyday creators from around the world. Bidding will start at 10 AM UTC on June 24 and the auction will last for 5 days. The winner of ‘Three Self-Portraits’ will also receive the physical art piece shipped by Apenft.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/binance-nft-marketplace-hosts-the-first-genesis-nft-auction/

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Blockchain

After the Miami Heat: FTX Partners With Major League Baseball (MLB)

FTX continues with its sports partnerships in the US by announcing a new collaboration with Major League Baseball (MLB).

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After joining forces with NBA’s Miami Heat, the cryptocurrency exchange FTX keeps its expansion with significant partnerships – this time is the US MLB. As a result, the trading platform has become the Official Cryptocurrency Exchange brand of the league.

  • According to a press release from earlier on June 23rd, FTX has entered into a “long term, global partnership” with MLB. This has become the “first-ever” official collaboration between “a professional sports league and a cryptocurrency exchange.”
  • Becoming the Official Cryptocurrency Exchange brand of MLB will enable FTX to “create increased brand awareness” and “continued innovation.”
  • The US branch of the trading platform has also “formed an agreement” with MLB Players Inc. to receive group player rights. As a result, FTX will use MLB highlights to create original content.
  • “It’s an honor for FTX to be the first cryptocurrency exchange to be associated with the history and tradition of America’s national pastime. At FTX, we strive each day to make a positive global impact, and there is no better partner for us to achieve this goal with than with MLB and its international fan base.” – commented the exchange’s CEO and Founder – Sam Bankman-Fried.

  • Noah Garden, the Chief Revenue Officer of the MLB, said his organization is “incredibly” excited to partner with a “global leader” like FTX. It will allow the league to adopt new technology and engage with fans.
  • This major development comes just months after the trading venue inked another partnership with one of the most popular NBA teams – the Miami Heat.
  • After the deal, worth $135 million, the team’s home court received a name change and is now officially called the FTX Arena.
SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/after-the-miami-heat-ftx-partners-with-major-league-baseball-mlb/

Continue Reading

Blockchain

After the Miami Heat: FTX Partners With Major League Baseball (MLB)

FTX continues with its sports partnerships in the US by announcing a new collaboration with Major League Baseball (MLB).

Published

on

After joining forces with NBA’s Miami Heat, the cryptocurrency exchange FTX keeps its expansion with significant partnerships – this time is the US MLB. As a result, the trading platform has become the Official Cryptocurrency Exchange brand of the league.

  • According to a press release from earlier on June 23rd, FTX has entered into a “long term, global partnership” with MLB. This has become the “first-ever” official collaboration between “a professional sports league and a cryptocurrency exchange.”
  • Becoming the Official Cryptocurrency Exchange brand of MLB will enable FTX to “create increased brand awareness” and “continued innovation.”
  • The US branch of the trading platform has also “formed an agreement” with MLB Players Inc. to receive group player rights. As a result, FTX will use MLB highlights to create original content.
  • “It’s an honor for FTX to be the first cryptocurrency exchange to be associated with the history and tradition of America’s national pastime. At FTX, we strive each day to make a positive global impact, and there is no better partner for us to achieve this goal with than with MLB and its international fan base.” – commented the exchange’s CEO and Founder – Sam Bankman-Fried.

  • Noah Garden, the Chief Revenue Officer of the MLB, said his organization is “incredibly” excited to partner with a “global leader” like FTX. It will allow the league to adopt new technology and engage with fans.
  • This major development comes just months after the trading venue inked another partnership with one of the most popular NBA teams – the Miami Heat.
  • After the deal, worth $135 million, the team’s home court received a name change and is now officially called the FTX Arena.
SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/after-the-miami-heat-ftx-partners-with-major-league-baseball-mlb/

Continue Reading
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