Bitcoin Price Prediction: BTC/USD Ready to Break $45,000

Bitcoin Price Prediction – September 23

The Bitcoin price bounces off the support at $43,096 and added more than $800 to its current value.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $50,000, $52,000, $54,000

Support Levels: $38,000, $36,000, $34,000

BTCUSD – Daily Chart

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BTC/USD is currently trading around $43,997 with a 0.97% gain in the past 24-hour. According to the daily chart, the Bitcoin price is fighting to stay above the important level of $45,000 as it moves close to the 9-day moving average. However, for BTC/USD to remain above this level for the next few days, the bulls need to make the $35,000 support level to be pretty strong.

Bitcoin Price Prediction: Could Bitcoin Price Break Higher?

Since yesterday, the Bitcoin price has been maintaining little upward movement, and if the first digital asset breaks above the moving averages, it could touch the … Read more

Monero Developer, Riccardo Spagni, Released from Jail

Riccardo Spagni, who previously worked with the Monero privacy coin as the lead maintainer, has been released from US custody. According to Spagni, he had been under the custody of US officials for over a month.

In a tweet posted on Tuesday, Monero worker Spagni stated that he was in talks with his lawyers to go back to South Africa, where he would deal with the case lodged against him. Spagni was linked to fraudulent dealings allegedly linked to crimes in South Africa from 2009 and 2011.  These crimes were associated with Cape Cookies, a company that Spagni was affiliated with.

Address Allegations of Fraud

In the tweet, Spagni stated that “I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all. That’s what I’ve always wanted … Read more

Polygon and Panther Team Up For Radical Overhaul of DeFi Privacy

Panther protocol, which brings unparalleled privacy to Web3 and DeFi, has announced a strategic partnership with Polygon.

Now all projects based on Polygon will be able to use Panther’s interoperable privacy and compliance-friendly selective disclosure mechanisms. Its technology will be particularly appealing to institutions and fintech platforms interested in private and compliant DeFi. In addition, Panther is launching its own MVP (minimum viable product) on Polygon.

Panther recently raised $6 million from investors. Polygon, for its part, has been growing fast in its role as a framework for building and connecting Ethereum-compatible blockchain networks.

As a Layer-2 scaling solution for Ethereum, Polygon is sometimes referred to often referred to as the “Ethereum’s Internet of Blockchains”. It was previously known as the Matic Network but rebranded in February 2021 as part of its pivot to supporting Layer 2 infrastructure development.

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5 Top Cryptocurrency to Buy This Week [SHIBA, CELO, COSMOS, AVALANCHE, PANCAKESWAP] September 2021 Week 4

We have the scoop on the top cryptocurrency to buy this week for a bargain. Despite the slump in the market, which saw large capped assets like Solana and Cardano shed 12%, there are still opportunities to make sizeable gains in crypto. Let’s take a look at the popular cryptos driving  Let’s dive right in.

1. Shiba (SHIB)

Known popularly as the ‘Dogecoin killer,’ Shiba Inu is a meme coin that came into crypto prominence when it surged 21,000% in a week making it a top cryptocurrency to buy. Meme coins have been largely disregarded and written off as a joke but Dogecoin’s rise into the top ten crypto bracket saw a whole new crypto sub-sector opening up. The blockchain platform is hosted on the Ethereum network and runs a decentralized ecosystem that allows users to provide liquidity, stake, and swap tokens. Also, users can access popular crypto-collectibles called non-fungible … Read more

Russia Cracks Down on BTC by Slowing Deposits to Exchanges

The Central Bank of the Russian Federation has announced plans to increase the time taken to process payments made to cryptocurrency exchanges. The objective of this decision is to stop Russian citizens from making Bitcoin purchases impulsively.

The Central Bank has also stated that it is negotiating the terms of this restriction with local banks to prevent people from making wrong decisions by to making hasty cryptocurrency purchases.

The First Deputy Governor of Russia, Sergey Shvetsov, recently gave a speech at an international banking forum. He stated that Russia was talking about the effects of cryptocurrencies on its economy. This has been the main concern for different countries.

Cryptocurrencies are Highly Risky

Shvetsov also stated that the government was concerned about the highly risky and volatile nature of cryptocurrencies. He noted that cryptocurrencies could end up like a pyramid scheme that would later collapse and cause investor harm.

Shvetsov also … Read more