Stock Point

For the third time in history, two important moving averages made a bearish intersection on the Bitcoin (BTC) chart. Paradoxically, this could be a very bullish signal! Historically, it has led to large increases and initiated an accumulation phase before the next bull market. Long-term moving averages like to stay away from each other.

In today’s analysis, we will look at their historical intersections, which gave interesting long-term signals for the BTC price. This is because it turns out that a bearish cross was a signal of reaching a bottom in historical bear markets. A bullish cross, on the other hand, gave reason to start another bull market. In confluence with these two moving averages is the so-called Coral Trend Indicator. This indicator also signals that the bottom of the current bear market.

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Ethereum’s long-awaited transition from proof of work to proof of stake is finally upon us. The event, also known as the merge, occurred at 2:45 am EST on September 15, opening a brand new chapter in the history of the industry’s second-largest cryptocurrency. Ethereum developers, experts, and the broader community members.

“Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today,” wrote Buterin. “Can’t say enough about all of the builders, researchers, coordinators, and more that made this all happen. It’s an absolutely incredible feat to transition a globally used blockchain to PoS without most end users even noticing or having to do anything,” he added.

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Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months, the monetary authority says it will “actively promote” its digital currency for international settlements.

The Central Bank of Russia (CBR) will “actively promote” the employment of the digital ruble in cross-border payments, its Governor Elvira Nabiullina stated in a documentary aired by the Russia-24 TV channel. The film was devoted to the 220th anniversary of the Ministry of Finance of the Russian Federation. The department recently announced it had reached an agreement with the monetary authority on the need to legalize international crypto payments.

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Our company is excited to announce that Ancient Kingdom (DOM) and other tokens have been added to the website.

Ancient Kingdom is the 1st ancient martial arts game on the blockchain platform, pioneering the realization of real-time games on the blockchain platform

Stockpoint tracks the crypto market and posts updates for the latest happenings.

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Our company is excited to announce that Antilitecoin (ALTC) and other tokens have been added to the website.

Antilitecoin (ALTC) is a cryptocurrency. Users are able to generate ALTC through the process of mining. Antilitecoin has a current supply of 31,512,613.2577524. The last known price of Antilitecoin is 0.0004814 USD and is up 0.76 over the last 24 hours.

Stockpoint tracks the crypto market and posts updates for the latest happenings.

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Stock Point

Stock Point

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