Marty Bent on the Macro Fires on the Horizon

news View Bitcoin is defending the key 200-day moving average support for the third consecutive day and may see a minor bounce to $8,700. A corrective bounce, if any, will likely be short-lived, as the daily and weekly chart indicators are biased bearish. The cryptocurrency will remain on the hunt for a drop to $7,500,…

markets Understanding short-term and long-term moving averages (MAs) is important for trading strategies, whether for cryptocurrency or traditional assets. Two rare but powerful signals that traders look for occur when the short-term and long-term MAs cross. On the upside, that’s the golden cross, and, on the downside, it’s called the death cross. Golden and death crosses…

Colombia-based stablecoin protocol El Dorado said Tuesday it completed a $3 million seed venture capital investment round to build a crypto payments "superapp" for the Latin American region.Multicoin Capital was the lead investor, with crypto exchange Coinbase's venture capital arm Coinbase Ventures, UC Berkeley Skydeck and Awesome People Ventures also participating in the round.19:02Sen. Lummis

"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.Feb 12, 2021 at 10:11 a.m. UTCJack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and IndiaTwitter CEO Jack Dorsey announced Friday that he will partner with rapper Jay-Z and donate 500 bitcoin (currently worth about $23.6 million) to…

Sep 28, 2020 at 00:01 UTCUpdated Sep 28, 2020 at 00:13 UTCBitcoin streaks of days trading above $10,000Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari.The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31,…

(Justin Veenema/Unsplash)‘DogByte’ Attack Found in ‘Randomness’ Protocol Proof for Ethereum 2.0 Beacon ChainResearchers at ZenGo have properly disclosed a vulnerability discovered in the Diogenes protocol proof. The proof is designed to provide the raw entropy for a Verifiable Delay Function (VDF) for the Ethereum 2.0 random beacon chain. Ligero Inc., the team behind Diogenes, is…

Jul 10, 2020 at 09:00 UTCAt an AirdropVenezuela event. (AirTM)A Rare Glimpse Into How Crypto Is Really Used in VenezuelaOver the past two years, many bitcoin believers donated cryptocurrency to initiatives in Venezuela, often holding up the small nation as the pinnacle example of the technology’s potential. The truth on the ground is much more…

Aug 26, 2020 at 19:00 UTCThe Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health HeroesHow crypto-powered Airtm is teaming with Venezuela’s opposition government to distribute $18 million in funds the U.S. seized from the Maduro dictatorship, featuring Airtm CEO Ruben Galindo. For more episodes and free early access before our regular 3 p.m. Eastern time…

Oct 13, 2020 at 14:18 UTCUpdated Oct 13, 2020 at 14:25 UTCThe average home in the US uses 10,837 kWh per year.Nasdaq-listed company Marathon Patent Group is forming a new joint venture with a U.S. power provider that will bring a supply of cheap energy for its bitcoin mining operations.In an announcement Tuesday, Marathon said…