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Michael Saylor Says Bitcoin Would Rather be a Form of Property than Currency in the US

Michael Saylor of MicroStrategy thinks that Bitcoin is a form of property and the government of the US is not threatened by other forms of property.

Binance Discontinues Stock Token Services

The largest exchange, Binance announced today that the purchase of stock tokens will be discontinued on the platform post-October 14th, i.e., within the next 90 days. Investors have been advised to clear their stock token accounts before the said timeline. Binance stock tokens included big names like Tesla, Coinbase, Microsoft, and Apple. “we will be

The post Binance Discontinues Stock Token Services appeared first on Coingape.

QNT Technical Analysis: Trading Below the Fibonacci Pivot Point of $77.27

Currently, QNT is trading below the Fibonacci pivot point of $77.27. If the bears remain strong till day end, and if the price breaks the immediate support level of $71.98. Then, the price is likely to fall below the first, second, and third support levels of $65.6, $59.1, and $56.70 respectively.

Breaking: HongKong SFC says Binance is Not Authorized to Offer Services

Hong Kong’s Securities and Futures Commission (SFC) has become the latest regulator to issue a warning against Binance. The regulatory watchdog said Binance Group of companies are not licensed or authorized to offer any kind of services in Hongkong. HONG KONG'S SFC SAYS NO ENTITY IN THE BINANCE GROUP IS LICENSED OR REGISTERED TO CONDUCT

The post Breaking: HongKong SFC says Binance is Not Authorized to Offer Services appeared first on Coingape.

Ethereum NFT Game Axie Infinity Plans to Support Esports Competitions 

Axie Infinity, the Ethereum NFT game has witnessed around 500% gains in its price and it is looking forward to funding tournaments and esports competitions.

HBAR Technical Analysis: Trading Below the Second Fibonacci Pivot Point of $0.1837

HBAR is currently trading below the second Fibonacci pivot point of $0.1837. If the bulls remain strong till day end, then the price is likely to rise above the FIB resistance level of $0.197. Once the price sustains this level, it will highlight the next resistance at $0.213. Thus, traders will have an opportunity to go long.If the selling pressure increases, the price that is trading below the FIB level of $0.179, may fall below the FIB support level of $0.166. Thereafter, we have to wait and watch if the price tests and breaks these levels.

PayPal Raises Crypto Purchase Limit in the US to $100,000

In a press release published on Thursday, Paypal said it is increasing the weekly limit on purchases made with crypto to $100,000.

SOL Technical Analysis: Trading Below the Pivot Level of $29.6, High Selling Pressure

SOL is currently trading below the pivot level of $29.6. As the indicators are showing high selling pressure, thus, we can expect the price to fall and soon, take the support of the Fibonacci level of $26.27. If it breaks down from this level of $26.27, it can retest the long-term support level at $20.  

Thorchain Protocol Halts Operations Following an Attack that Drained Millions

In a recently made announcement, it has been revealed that Thorchain has been attacked and an estimate of $7.6 million to $25.1 million has been stolen.

STX Technical Analysis: Price Has Fallen Below the Fibonacci Pivot Point of $1.23

STX has fallen below the Fibonacci pivot point of $1.23. As some of the oscillators have shown bearish signals, we can expect the price to fall below the first Fibonacci pivot support level of $1.09 soon.The price has tested and fallen below the FIB retracement level of $1.46, on a weekly chart. If the price tests and rises above the FIB resistance level of $1.45 in some time, this implies that the buying pressure has taken over the selling pressure and the uptrend in the price is strong. In that case, the traders can take a long position.

$7.5 Billion Hedge Fund SkyBridge Capital Reveals Bitcoin Supply Shock is Coming

Troy Gayeski, the co-chief investment officer and senior portfolio manager at SkyBridge Capital has revealed that a Bitcoin supply shock may be arriving

FLOW Technical Analysis: Long Term Resistance Level of Fibonacci pivot point of $17.660 Crossed

FLOW can rally and form new highs. Also, as some of the oscillators have shown bullish signals, we can expect the price to increase and test the Fibonacci pivot resistance level of $21.02 soon. If the price breaks this FIB resistance level, it will highlight the next resistance at $23. If the sellers start dominating the market, we will have to closely watch the level of $17.60 as an immediate support level. If the price breaks this level it can test the level of $16.60. Thus, traders can take a short position.Moreover, FLOW is following a parallel channel range, any dip will be a good opportunity for accumulating. 

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