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MUST Price   

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MUST

Must  

#MUST

MUST Price:
$10.73
Volume:
$14.3 K
All Time High:
$650
Market Cap:
$1.1 M


Circulating Supply:
104,374
Exchanges:
2
Total Supply:
1,000,000
Markets:
9
Max Supply:
Pairs:
8



  MUST PRICE


The price of #MUST today is $10.73 USD.

The lowest MUST price for this period was $0, the highest was $10.73, and the current live price for one MUST coin is $10.73247.

The all-time high MUST coin price was $650.

Use our custom price calculator to see the hypothetical price of MUST with market cap of ETH or other crypto coins.


  MUST OVERVIEW


The code for Must crypto currency is also #MUST.

Must is 1.7 years old.


  MUST MARKET CAP


The current market capitalization for Must is $1,120,191.

Must is ranking upwards to #852 out of all coins, by market cap (and other factors).


  MUST VOLUME


The trading volume is modest today for #MUST.

Today's 24-hour trading volume across all exchanges for Must is $14,256.


  MUST SUPPLY


The circulating supply of MUST is 104,374 coins, which is 10% of the total coin supply.

A highlight of Must is it's unusually low supply of coins, as this tends to support higher prices due to supply and demand in the market.


  MUST BLOCKCHAIN


MUST is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the MUST Blockchain contracts with 2 different blockchains.


  MUST EXCHANGES


MUST is available on several crypto currency exchanges.

View #MUST trading pairs and crypto exchanges that currently support #MUST purchase.


  MUST RELATED


Note that there are multiple coins that share the code #MUST, and you can view them on our MUST disambiguation page.


  MUST RESOURCES


Websitewww.cometh.io
TwitterMUSTCometh
Redditr/cometh
Telegramcometh_io


  MUST NEWS


Bitcoin Must Hold This Level Or Risk Falling To $10,000

    Bitcoin has seen a remarkable recovery trend that has caused its price to surge past $22,000 once more. This is a welcome development for the digital asset, which has been suffering from many dips, but it is not all rosy for the cryptocurrency. Since the market continues to remain in a bearish trend, there are levels that bitcoin must maintain above to keep such high prices. Otherwise, it risks falling more than 85% from its all-time high. Bitcoin Must Hold Above $17,000 Many prominent figures in the finance industry have shared their thoughts about where they see the price of bitcoin going. One of those is Clem Chambers, the CEO of ADVFN. Chambers, who is also widely known as a financial analyst has said that for the digital asset to continue to rise, it must make sure not to fall below $17,000. In the interview that was carried out by Daniela Cambone for Stanberry Research, the financial analyst explained that bitcoin is likely to reach $40,000 if it maintains strong momentum. However, there is still a high chance that the price will reach the dreaded $10,000 if it fails to hold the $17,000-$18,000 level. Interestingly, even though the price of bitcoin is currently up, Chambers believes that the bearish scenario is more likely in this case. This means that the analyst expects the price to fall below $17,000 and reach as low as $10,000. BTC price drops below $21,000 | Source: BTCUSD on TradingView.com Chambers’ outlook is in line with what has been recorded in the cr... read More



Sanction Breaches Must Be Reported, UK Tells Crypto Exchanges in a Rule ...

    The United Kingdom's Office of Financial Sanction Implementation (OFSI) has included 'cryptoassets' in a list of assets that must be frozen if they belong to a person or company who is facing sanctions. These developments come as the list of sanctioned Russian entities continue to increase. Eye on Sanctioned Accounts, Breaches As per the new rules, crypto exchanges will face criminal charges if they 'fail to report clients designated for sanctions.' The exchanges must identify and report sanctioned customers and their transactions immediately to UK authorities, said a report in The Guardian. The official guideline on financial sanctions was updated on August 30 to include digital assets amid growing concern that Russia might be using bitcoin and other digital assets to 'dodge' financial restrictions imposed on it following the invasion of Ukraine. A UK Treasury Department spokesperson said: “It is vital to address the risk of cryptoassets being used to breach or circumvent financial sanctions. These new requirements will cover firms that either record holdings of, or enable the transfer of cryptoassets and are therefore most likely to hold relevant information.” Sanctions Targeting Digital Assets In April, after resisting sanction provisions for some time, Binance stopped deposit and trading facilities for Russian people and entities having crypto assets in excess of EUR 10,000. These accounts were put under 'withdrawal-only' mode. The world's largest crypto excha... read More



Dogecoin Must Cling To This Level Lest DOGE Slip Quickly To $0.048

    Dogecoin (DOGE) has been swirling downwards since the latter part of 2021, specifically in November. DOGE is currently up by 0.88% or trading at $0.06247 Dogecoin has been trailing down since November 2021 DOGE showing some bearish movement DOGE has been on a rollercoaster ride with up and down sequences. The popular dog meme coin is seen to have rallied the previous month generating double-digit gains in terms of percentage. One significantly rally is in August when DOGE managed to surge from a low of $0.059 peaking to a high of $0.087. Dogecoin is currently sitting in a demand zone seen since July. According to CoinMarketCap, DOGE is up by 0.88% or trading at $0.06247 as of this writing. With the rate it’s going, Dogecoin may possibly maneuver towards the $0.07 zone. DOGE Likely To Take Detour Towards Bears On a longer market timeframe, DOGE is looking bearish while Bitcoin is similarly showing some weakness. DOGE was able to take a full grip on the support zone but it seems that the momentum is taking the detour towards the bears. Now, Bitcoin has always made a strong influence on the performance of DOGE and other altcoins. With that being said, it moves alongside Bitcoin regardless of whether the king of crypto wings it or crashes down. From July to August, DOGE is seen to have lingered in the range of $0.063 to $0.07. As of press time, BTC is still facing strong hurdles at the $20.4k and $20.8k levels. With that being said, if Bitcoin can successfully blaze p... read More



Bitcoin (BTC) Must Make It Past This Threshold To Bounce Back

    The United States just released the Employment Situation Summary, which describes the present state of the American labor market. Bitcoin, the dominant crypto currency on the market, is banking on the freshly disclosed data for a possible bear market departure. Bitcoin has struggled to maintain its value inside the critical $20,000 level. Despite this, investors have elected to HODL over the forthcoming crypto winter. Over 62% of addresses with the currency have not been sold in the past year. This could suggest that investor sentiment as a whole is mixed. Despite the fact that some investors elected to continue holding the currency, 32% of investors chose to sell the currency after holding it for between one and 12 months, while 6% sold their currency after holding it for only one month. Many Believe Bitcoin Will Recover While investor mood has been extremely volatile, the large proportion of investors who opted to hold indicates that many continue to believe Bitcoin will recover. This may be the case now, as Uncle Sam has provided a breakdown of the total employment picture in the United States. Since the release of the jobs report, the Bitcoin market has gained minimally. Coingecko reports that the price of Bitcoin at the time the report was published was $20,060.85. This reasonably large price increase from the early morning price of $19,632.46 was, however, unavoidably lost throughout the course of the day. The Crucial $25K Price Point Even if the price eventually ... read More



Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regul...

    Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter Advertising Rules for Crypto Platforms in Thailand Thailand's Securities and Exchange Commission (SEC) has approved new requirements for crypto ads, Bloomberg and Reuters reported quoting the regulator. According to a statement released on Thursday, the changes come after the SEC found that some advertisements lacked any warnings about the risks associated with cryptocurrencies or featured only positive information. Crypto firms in Thailand will now be obliged to clearly indicate the relevant risks for investors in their ads and the warnings must be easy to notice. They should present balanced views of the expected returns and mention both positive and negative factors. The advertisements must not feature misleading, exaggerated or false claims. Thai crypto businesses, which have been advertising heavily through digital media and billboards, must now limit the promotion to official channels such as their own websites. They will also have to provide regulators with information about the advertising terms. The securities watchdog explained in the announcement: Operators must give details of ads and spending, including the use of influencers and bloggers to the SEC, including terms and... read More



ETH Must Hold This Level to Prevent Another Crash (Ethereum Price Analys...

    The market has calmed down a bit in the past few days, even though it seems clear that the bears are in the driving seat. This happened as the bulls managed to defend the $1,500 level and are currently trying to recoup. Even though the negative momentum decreased, it's still early to weave the possibility of a subsequent collapse out. Technical Analysis By Grizzly The Daily Chart The intersecting of the 100-day (in white) and 50-day (in yellow) moving average lines served as support on the daily chart. This level has currently prevented ETH from dropping further. The 0.5 Fibonacci Retracement level is also around $1,500, making this a solid level to keep an eye on. However, it's also important to keep the macroeconomic overview in mind. The DXY index has started a new bullish trend and is close to breaking the previous high. This is not good news for high-risk assets like stocks and crypto. Aside from the imminent Merge event for Ethereum, which is inherently bullish, the second-largest asset by market capitalization doesn't seem to have avoided a correction in the market. If the bears push the price below $1500, this will invalidate the bullish structure. In this case, reaching the support in the range of $1,280-$1,350 and retesting it will be more likely. Such a move can make it difficult to form a bullish trend in the future, and the bear market will probably be prolonged. On the other hand, the bulls have a chance to retest $2,000 if they can extend the price above $... read More



Bitcoin Price Must Clear This Level If It Wants To See $28,000

    Bitcoin’s trajectory in the recent recovery showed a clear intent from bulls to target the $28,000. While it hit some important milestones in its big to reach this level, it has been unsuccessful in reclaiming it. The tug-of-war between the bears and the bulls continues as the fight for control wages on. Given this, there is now a critical technical level that the price of bitcoin must clear before it is able to continue on its campaign to reach $28,000. Capitulate And Breakout Bitcoin has held considerably better than what was predicted for the digital asset a couple of weeks ago. Going by the previous bear markets, it was expected that the price would quickly reverse following a small recovery. But instead, bitcoin has been able to grow as high as $25,000 in this time, although it was unable to hold this level. This shows the resilience of bitcoin even when the market looks unfavorable. However, the bitcoin price has been unable to reach an essential point that bulls were trying to get it to, which is the $28,000 level. Instead, it had encountered resistance at $25,000 and had been pushed back down towards the $23,000. What bitcoin needs at this point is to break the May capitulation levels of $25,000. This spot had held up quite well during the fall from $30,000, and bears have now made this a point of resistance for the digital asset going forward.  If bitcoin’s price is able to break through the resistance at $25,000, it will have broken the nearest sig... read More



Why Bitcoin Must Meet These Conditions If It Wants To Stay Above $20K

    Bitcoin managed to break above the resistance level above $21,000 and seems poised for further gains. Source: BTCUSD Tradingview Data from Material Indicators (MI) shows an increase in bid orders for BTC’s price as it moves to $22,000. The cryptocurrency records around $10 million in bid orders at $21,800 and $21,500 alone. As seen below, these levels were previously unprotected and were susceptible to further downside. In lower timeframes, it seems as if investors have been forming a liquidity shield for BTC’s price at its current levels. The current bullish price action was preceded by an increase in buying pressure from BTC whales. MI data shows these large entities have been buying more Bitcoin since the start of July and influenced BTC’s price to the upside. The data shows a slight decrease in the buying pressure, which could indicate BTC’s price will return to a consolidation phase. In order to sustain the bullish momentum, analysts from Material Indicators claimed BTC’s price must stay above $20,000 for the next two days. BTC's price (blue line) sees more support around $21,500 and $21,800 (bid orders in red). Source: Material Indicators In order to extend the bullish momentum, the cryptocurrency must reclaim the 200 Weekly Moving Average (WMA) which stands at $22,560. Analyst Michaël Van de Poppe concurs on potential price consolidation before any attempt to reclaim higher levels: The crucial resistance for #Bitcoin as we speak. &nb... read More



Holding Back The Bears: Why Bitcoin Must Break $22,500

    Bitcoin continues to struggle to hold the $20,000 level even after a recovery coming out of the weekend. This decrease in price has pushed the market further into the bear market. It still trades at very critical levels which will determine the movement for the next couple of weeks. These two main points are the support that formed at $20,000 and the 200-week moving average. Bitcoin Turning Bearish? The price of bitcoin at the time of this writing is ranging towards $20,000 with drawdown. Now, this is the first time in history that the price of BTC has ever fallen below the 200-day moving average, registering one of the most bearish trends ever recorded in the market. As such, there is now significant resistance mounting at the 200-week moving average which lies at an average of $22,500. This makes $22,500 the point to beat if the digital asset has any hopes of reverting to a bull trend. However, resistance is building even below this point. This was seen at $21,500 over the last couple of days as bitcoin had failed to successfully beat this point. BTC price struggles to hold $20,000 | Source: BTCUSD on TradingView.com Additionally, the digital asset price falling below the 200-week moving average has triggered more sell-offs in the market. These sell-offs are apparent on centralized exchanges such as Coinbase which have recorded large inflows in the last couple of days. Sentiment Refuses To Budge The market sentiment surrounding bitcoin and other cryptocurrencies has been i... read More



TA: Ethereum Turns Red, Why ETH Must Hold This Key Support

    Ethereum declined below the $1,200 zone against the US Dollar. ETH is now at a risk of more losses if it fails to stay above the $1,150 support zone. Ethereum started a fresh decline from the $1,250 and $1,280 levels. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if there is a clear move below the $1,150 support zone. Ethereum Price Struggles Ethereum failed to continue higher above the $1,250 and $1,280 resistance levels. ETH formed a high near $1,281 and started a fresh decline. There was a clear move below the $1,220 and $1,200 support levels. Ether price declined below the 23.6% Fib retracement level of the upward move from the $1,043 swing low to $1,280 high. It is now trading below $1,200 and the 100 hourly simple moving average. Ether is also consolidating near the 50% Fib retracement level of the upward move from the $1,043 swing low to $1,280 high. An immediate resistance on the upside is near the $1,200 level. Besides, there is a major bearish trend line forming with resistance near $1,200 on the hourly chart of ETH/USD.  The next major resistance is near the $1,250 zone. A close above the $1,250 resistance zone could start a steady increase. In the stated case, the price could clear the $1,280 resistance. Source: ETHUSD on TradingView.com The next major resistance is ne... read More



These Are The 3 Levels Bitcoin Must Hold To Avoid Doom

    Bitcoin is showing signs of bullish momentum on lower timeframes. At the time of writing, the number one crypto by market cap stands at $21,300 with a 3% profit in the last 24 hours. BTC trends to the downside on the 4-hour chart. Source: BTCUSD Tradingview Data from Glassnode indicates that BTC holders experienced their largest Realized Loss in history as the cryptocurrency failed to remain in its previous range, around $28,600 to $31,500. BTC investors lost over $4.2 billion which, as the on-chain analytic firm claims, “eclipses all major sell-offs in 2021” and 2020. These losses affected long-term BTC holders (LTH). Unlike speculators and short-term BTC holders, LTHs are often impervious or more resilient to downside price action. This time the selling pressure was too hot and forced these investors to capitulate out of their positions: Long-Term Holders however realized major losses, equal to 0.007% of the Market Cap per day. This is almost as large as March 2020 and is the first major LTH capitulation event in the 2021-22 cycle. The downside pressure has been mitigated for the short term. However, if the bears resume their attack, Bitcoin must hold 3 critical levels to prevent a doom scenario. This could set the cryptocurrency back to its 2020 levels and trigger an even bigger capitulation event. According to Whalemap, BTC’s price must stay above $19,100, $16,100, and $14,000 to prevent this scenario. Conversely, the capitalization event described by G... read More



TA: Bitcoin Drops 20%, Why The Bulls Must Protect $20K

    Bitcoin extended its decline below the $25,000 support against the US Dollar. BTC is down 20% and approaching the key $20,000 support zone. Bitcoin extended its decline below the $23,500 and $22,500 support levels. The price is now trading below the $25,000 level and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $22,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the key $20,000 support zone to avoid more downsides. Bitcoin Price Nosedives Bitcoin price failed to start a recovery wave and extended decline below the $25,000 support zone. The bears gained strength for a move below the $23,500 support zone. The price declined over 20% and even traded below the $22,000 support zone. A new multi-week low is formed near $20,824 and the price is still trading in a strong downtrend. There was a close below the $22,000 level and the 100 hourly simple moving average. Bitcoin is now consolidating near the $21,000 level. An immediate resistance on the upside is near the $21,800 level. The first major resistance is near the $22,000 level. There is also a connecting bearish trend line forming with resistance near $22,100 on the hourly chart of the BTC/USD pair. It is near the 23.6% Fib retracement level of the recent drop from the $28,300 swing high to $20,824 low. Source: BTCUSD on TradingView.com If there is a clear move above the trend line, the pair could rise towards the $23,0... read More



TA: Ethereum Holds Key Support, Why ETH Must Clear This Hurdle

    Ethereum is still above the $1,720 support against the US Dollar. ETH must clear $1,820 and $1,850 to start a steady increase in the near term. Ethereum is still above the main $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a strong increase if there is a clear move above $1,820 and $1,850. Ethereum Price Tests Key Support Ethereum attempted a fresh increase above the $1,820 resistance zone. However, there was no upside continuation and the price stayed below the $1,850 resistance zone. A high was formed near $1,831 and the price moved lower. There was a break below the $1,800 support zone and the 100 hourly simple moving average. A low is formed near $1,767 and the price stayed above the key $1,750 support zone. Ether is now consolidating above the $1,750 support. It climbed above the 23.6% Fib retracement level of the recent decline from the $1,831 swing high to $1,767 low. On the upside, an initial resistance is near the $1,800 level. There is also a crucial bearish trend line forming with resistance near $1,800 on the hourly chart of ETH/USD. The trend line is close to the 50% Fib retracement level of the recent decline from the $1,831 swing high to $1,767 low. Source: ETHUSD on TradingView.com The next major resistance is near the $1,820 level. The main resistance is s... read More



Here's How Much Crypto You Must Have to Work for Ripple: Company C...

    In a recent tweet, Ripple fintech behemoth has shared a video to show some of its IT engineers sharing their experience at working for the company that is building a global network of cross-border payments. The company’s CTO David Schwartz has mentioned that people often ask him, how much crypto they need to have in order to get a job at Ripple. He pointed out that this is not relevant at all, and so the answer here is zero. Even prior experience of working with blockchain or crypto is not that important. Discover how our engineers are helping transform today's international payments system and more through innovative crypto solutions.  https://t.co/GMPJstDb6O pic.twitter.com/ep8ypnOCG7 — Ripple (@Ripple) May 27, 2022 What is well more crucial for Ripple, according to Schwartz, is an ability to quickly pick up new skills and constantly learn new stuff. Ripple Labs was founded back in 2012 as OpenCoin and was rebranded a couple of years later. Source: U.Today XRP Black Drawstring Backpack The post Here’s How Much Crypto You Must Have to Work for Ripple: Company CTO appeared first on XRP Right Now. read More



Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy...

    Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to 'decide between two policy mistakes.' One risks triggering a recession and the other could prolong inflation well into 2023. 'I think the time has passed for a soft landing,' the economist stressed.Mohamed El-Erian on Inflation, Recession, and the U.S. Economy Economist Mohamed El-Erian discussed where the U.S. economy is headed and the Federal Reserve's plan to bring inflation under control in an interview with Bloomberg Friday. El-Erian is Chief Economic Advisor at Allianz, the corporate parent of PIMCO, one of the largest investment managers, where he was CEO and co-chief investment officer. He is also the president of Queens' College, Cambridge University. He was asked what's feasible for Federal Reserve Chairman Jerome Powell under the current economic environment. The economist replied that 'at best,' it is 'what Chair Powell called a 'softish' landing, and the 'ish' is really important.' He elaborated: I think the time has passed for a soft landing. He continued: 'We could have done it but that would have implied the Fed moving nine months ago. It should have. It didn't. So, instead of tightening into a growing and dynamic economy, it is tightening into a slowing economy.' Noting that 'it is very difficult to get a soft landing,' the economist stated that 'the best you can hope for right now is a soft-ish landing.' However, he said the probability of that happening is 'Not as high as ... read More



Central African Republic's Bitcoin Adoption: The Real Work Must St...

    The Central African Republic (CAR)'s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize education that helps the population to familiarize itself with cryptocurrency basics. The CAR's Expensive Internet There is little doubt Central Africa Republic's decision to designate bitcoin (BTC) as legal tender has surprised many. Few people expected CAR - one of Africa's most impoverished countries and one whose economy has been ravaged by a civil war - to be the first to adopt bitcoin. For critics still trying to understand why another nation has joined El Salvador in making bitcoin legal tender, the CAR's move is perplexing. To begin with, they cannot understand how a country with such a low internet penetration rate - less than 12% - has chosen the top cryptocurrency as its transacting currency. The Central Africa Republic's reported infrastructure deficit and the fact that mobile connections are only available to 30% of the population seemingly renders the case for adopting bitcoin less convincing. Also, according to a 2018 ICT Profile of the CAR, the country's then 'uncertain institutional situation' was said to be constraining investment in broadband networks and access to cross-border submarine cables. As a result of this and many oth... read More



TA: Bitcoin Holds Key Support, Why BTC Must Clear This Resistance

    Bitcoin corrected lower and tested the $29,000 support against the US Dollar. BTC must settle above the $30,500 resistance to start a decent increase. Bitcoin failed to gain pace above $31,000 and corrected lower below $30,000. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $29,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above the $30,500 resistance. Bitcoin Price Faces Hurdles Bitcoin price started a downside correction from the $31,500 zone. BTC traded below the $30,000 support zone and the 100 hourly simple moving average. There was a move below the $29,500 level, but the bulls were active near the $29,000 zone. A low is formed near $29,060 and the price is now recovering losses. There was a clear move above the $29,500 level. The price cleared the 23.6% Fib retracement level of the recent decline from the $31,390 swing high to $29,060 low. Bitcoin is now trading above the $30,000 level and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $29,600 on the hourly chart of the BTC/USD pair. An immediate resistance is near the $30,300 level. It is near the 50% Fib retracement level of the recent decline from the $31,390 swing high to $29,060 low. A successful close above the $30,300 level could open the doors for... read More



TA: Ethereum Recovers But ETH Must Clear This Key Resistance

    Ethereum started a recovery wave above the $2,800 level against the US Dollar. must clear the $2,850 resistance to continue higher in the near term. Ethereum started a decent recovery wave above the $2,780 and $2,800 levels. The price is consolidating above $2,820 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,850 and $2,860 resistance levels to continue higher. Ethereum Price Faces Resistance Ethereum followed a bearish path below the $2,850 pivot level. ETH even traded below the $2,800 support level and the 100 hourly simple moving average. It traded as low as $2,718 before the bulls appeared. Ether price started an upside correction and climbed above the $2,750 level. The price was able to surpass the $2,800 resistance. There was a clear move above the 23.6% Fib retracement level of the key decline from the $2,980 swing high to $2,718 low. Besides, there was a break above a major bearish trend line with resistance near $2,750 on the hourly chart of ETH/USD. The pair is now consolidating above $2,820 and the 100 hourly simple moving average. On the upside, an initial resistance is seen near the $2,850 level. It is near the 50% Fib retracement level of the key decline from the $2,980 swing high to $2,718 low. The next major resistance is near the $2,880 level. A clear move above the $2,880 resistance might start another ... read More



Miami Mayor Outlines 'Vision for Bitcoin America'— Say...

    The mayor of the U.S. city of Miami, Florida, has unveiled his 'Vision for Bitcoin America 2024.' Stressing that the U.S. needs to elect a pro-bitcoin president, he said 'we need to integrate bitcoin into every aspect of our society' this year and 'unleash the macro power of bitcoin.' Miami's Mayor's Vision of Bitcoin America Miami Mayor Francis Suarez talked about bitcoin at the Bitcoin 2022 conference that's taking place in his city this week. The pro-bitcoin mayor has led several bitcoin initiatives in his city and state. His salary is already paid in bitcoin and his city employees can choose to be paid in bitcoin. 'I need to articulate a vision for this country,' he said. 'The vision is simple. I call it: Vision for Bitcoin America 2024.' Suarez explained that it has three points, stating: The first is we need to elect pro-bitcoin candidates, and yes the next president of the United States has to be a pro-bitcoin candidate. 'Because what's at stake is federal legislation that can either propel us into the next generation or can set us back,' the mayor emphasized. 'There's one thing the United States should never do: it should never agree on anything with Russia and China when it comes to bitcoin,' he continued, elaborating: The second thing we need to do this year is we need to integrate bitcoin into every aspect of our society, every part of the fabric of our society. We need to make sure that you can go into a convenience store and buy a Snickers with a satoshi. Mayor S... read More



South African Central Bank Governor: Regulators and Policymakers Must Be...

    The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT).Pondering the Implications of Innovation The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has argued that central banks, regulators, and policymakers should and must play a role in 'shaping a potential move to DLT-based markets.' According to Kganyago, these stakeholders can achieve this objective by 'pondering the implications of innovation, promoting responsible innovation for the public good.' In addition, they can also do this by 'informing an appropriate policy and regulatory response.' In his virtual address following the launch of the Project Khokha 2 (PK 2) report, Kganyago shared his views concerning the future of central banks in a world that is based on the principles of decentralization. He said: From a regulatory perspective, I think it is unlikely that decentralised markets will be suitable in all instances or that decentralisation will guarantee the achievement of public policy objectives such as consumer protection, financial stability as well as safety and soundness, which fall within the mandates of central banks and regulators. The governor nonetheless concludes in his address that the role of central banks and regulators should 'evolve with financial markets' to ensure they stay relevant in future markets just as they are relevant ... read More



TA: Bitcoin Tops Near $47K, Why The Bulls Must Defend $45K

    Bitcoin struggled to gain momentum above $47,000 against the US Dollar. BTC started a fresh decline and dived to the $45,000 support zone. Bitcoin reacted to the downside after it formed a short-term top near $47,000. The price is trading below $46,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $46,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $45,000 support to avoid more downsides in the near term. Bitcoin Price Trims Gains Bitcoin price made another attempt to gain momentum above the $47,000 resistance zone. However, BTC failed to continue higher above $47,000 and reacted the downside. There was a downside break below the $46,000 support level and the 100 hourly simple moving average. The price declined below the $45,500 support to move into a short-term bearish zone. However, the bulls are now defending the $45,000 support zone. A low is formed near $45,048 and the price is now consolidating. On the upside, an immediate resistance is near the $45,450 level. It is near the 23.6% Fib retracement level of the recent decline from the $46,845 swing high from the $45,048 low. The next resistance could be near $45,800 or $45,900. The 50% Fib retracement level of the recent decline from the $46,845 swing high from the $45,048 low is also near the $49,950 level. Source: BTCUSD on TradingView.com Besides, there is a key bearish trend line forming with resistance near ... read More



TA: Why Bitcoin Must Close Above $40K For Trend Reversal

    Bitcoin is struggling to clear the $40,000 resistance zone against the US Dollar. BTC must settle above $40,000 to start a steady upward move. Bitcoin struggled to clear the $40,000 resistance zone and corrected lower. The price is trading below $39,000 and the 100 hourly simple moving average. There was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a close above the $40,000 resistance zone. Bitcoin Price Faces Key Resistance Bitcoin price remained in a positive zone above the $38,00 pivot level. BTC even broke the $39,500 resistance level. The bulls made a couple of attempts to clear the $40,000 resistance zone, but they failed. The recent swing high was formed near $39,888 before there was a downside correction. There was a move below the $39,000 and $38,800 support levels. Besides, there was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair. The pair is now trading below $39,000 and the 100 hourly simple moving average. A low is formed near $37,028 and the price is consolidating losses. On the upside, an immediate resistance is near the $38,200 level and the 100 hourly SMA. The next key resistance is near the $38,500 level. It is near the 50% Fib retracement level of the downward move from the $39,888 swing high to $37,028 low. Source: BTCUSD on TradingView.com The m... read More



Bears Tighten Hold On Market, Why Bitcoin Must Close The Week Above $36,...

    Bitcoin is currently down on the charts and has broken below $35,000 as at the time of this writing. As the crisis between Ukraine and Russia rages on, with reports of the latter already invading the former, the markets have taken a beating down even before the financial markets open for trading for the day. This is a significant point for the digital asset, and without recovery, bitcoin may very well solidify its position in the bear market. Bitcoin Needs To Hold Above $36,000 Crypto analyst Justin Bennett recently released his weekly newsletter where he maps out the movement of the pioneer Digital asset. For Bennett, $36,000 is an important point that the bulls need to hold above. It had fought hard at $39,000 but had eventually succumbed to tremendous sell pressure that dragged it below support. Next was the $36,000 support area. But the digital asset has since broken below this since news of the Russian invasion broke. Next was $35,000, below which is the 4-month range low at $30,000, says Bennett. BTC starts another recovery trend | Source: BTCUSD on TradingView.com Holding above $36,000 is crucial for bulls this week, leading the asset one step closer to $39,000, which would open up the $42,000-$46,000 range. But this seems unlikely. “As I’ve mentioned a few times this week, Bitcoin needs to get back above $39,600 on a daily closing basis to turn constructive again,” said Bennett. “So far, buyers haven’t been able to do that.” Lookin... read More



XRP price must smash through these obstacles before the bulls send Rippl...

    XRP price will face multiple obstacles ahead before the token could return to $1.02. Ripple will need to slice through the stiff hurdles ahead before reaching the optimistic target with a 31% ascent. An increase in selling pressure may incentivize the bears to target the 200 three-day SMA next at $0.67. XRP price has seen its momentum shift slightly to the downside after recording its swing high on February 9 at $0.91. Ripple may be looking to discover critical levels of support before targeting higher levels. The cross-border remittances token may be confronted with a series of challenges before its return to $1.02. XRP price plans return to $1.02 XRP price has formed a symmetrical triangle pattern on the 3-day chart, suggesting that Ripple may continue to consolidate and move sideways within the foreseeable future. After a shift in momentum, the token is sliding lower to explore critical levels of support before its next rally. If bullish sentiment rises, XRP price could aim for the upper boundary of the governing technical pattern at $1.02, coinciding with the 61.8% Fibonacci retracement level. However, a few challenges may arise before Ripple manages to tag the aforementioned optimistic target. The first line of resistance may emerge at the 38.2% Fibonacci retracement level at $0.82, then at the 50 three-day Simple Moving Average (SMA) at $0.92, intersecting with the 50% retracement level. Additional buying pressure push XRP price higher, but Rip... read More



Why Bitcoin Bulls Must Hold Current Position Or Risk A Drop To $36,000

    Bitcoin has now solidified its position in the bull trend. With each recovery trend has come a risk of reversal though, which makes a strong point for bulls to continue to hold the value up. In times like this, a small slip-up can end up being devising for the value of the asset causing it to cascade down into another stretched out downtrend. However, if bulls are able to hold above this point, then bitcoin may well and truly enter into another raging bull market. Why Current Position Is Important For Bulls Bulls need to hold the current position for bitcoin if the digital asset is to continue on this bull trend. Otherwise, the reversal may be a brutal one that sends BTC back to the bottom it is trying to claw out of. Here’s What SOPR Data Says With the current zone, it remains a hard fight for bulls as efforts to drag the value down seem to be working. For bears, this will be the perfect time to once again take action. Thisis because the price of bitcoin is in a zone where it had consolidated in December, which was followed by the crash towards $33,000. Spots like these make it hard to spot a clear resistance. There is resistance nonetheless as evidenced by the struggle to keep bitcoin above $44K. Bulls must hold over crucial point | .com It’s also important to keep in mind that probably for downtrend towards $36K remains high. However, this may not be so if it continues its distribution through this zone. Another drop below $40K may very well see bitcoin break ... read More



Crypto Users and Exchanges Must Now Report Transactions in Colombia

    The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported via an online reporting system, and exchanges will be required to issue periodic reports of suspicious transactions made by users. Colombia Tightens AML Controls New regulations that direct users and exchanges to report cryptocurrency transactions over a certain amount have been approved in Colombia. Resolution 314 establishes that cryptocurrency transactions over $150, or cryptocurrency transactions made with multiple tokens whose value goes over $450, will have to be reported to the UIAF, the anti-money laundering watchdog in Colombia. This new regulation, which will take effect on April 1st, seeks to bring about greater control over what is happening with cryptocurrency assets in the country and stop possible money laundering and terrorism financing activities that could be leveraging these assets to go unnoticed. Regarding this, the resolution states: Virtual assets have created a situation that merits the intervention of the UIAF, to the extent that, although they are operations that in Colombia are not illegal by themselves, they can lend themselves to illicit activities, due to the anonymity or pseudonymity in the transactions using them. Exchanges will also have to issue a report of suspicious transactions that would deliver the UIAF a detailed list ... read More



SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regu...

    The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges 'inside the investor protection remit,' Chairman Gary Gensler has revealed. 'If the trading platforms don't come into the regulated space, it'd be another year of the public being vulnerable,' he stressed. SEC Focusing on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, talked about crypto regulation and the SEC's priorities in a virtual press conference Wednesday. Gensler said that he's hopeful cryptocurrency trading platforms will take steps to become more directly regulated in the coming months. The chairman emphasized that additional oversight of crypto trading platforms is crucial for crypto investors to get the same kind of protection they have when trading stocks or other regulated financial instruments. 'I've asked staff to look at every way to get these platforms inside the investor protection remit,' the SEC boss revealed, elaborating: If the trading platforms don't come into the regulated space, it'd be another year of the public being vulnerable. Gensler has repeatedly expressed the need to regulate cryptocurrency trading platforms. He believes that many of them are trading securities without registering. In May last year, he said crypto exchanges need more regulation and asked Congress to weigh in. 'We don't have enough investor protection in crypto finance, issuance, trading, or lending,' he warned in Se... read More



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