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2022-12-09 03:00:14 BITCOIN Update: BTC price is still trading within a channel

Support: In the 4-hr timeframe, $16,650 serves as support in an upward channel. BTC should move inside this channel until the FOMC meeting.

Resistance: $18,400 is resistance for BTC. Any positive move in the US index can help move BTC towards $18k.

The FTX death spiral dropped BTC from $21000 to $15500, means breaking the 6-months support from May to Nov.

If BTC breaks recent low of $15,500 then we could reach the $13,400 to $14,000 levels

Targeting $28,000 to $38,000 by July 2023
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2022-12-08 23:52:01 Third party auditor confirms Binance Bitcoin reserve is over collateralized

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2022-12-08 23:30:13 Ledger Partners With iPhone Co-creator Tony Fadell To Launch Its New ‘Stax” Crypto Wallet -Link

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2022-12-08 22:34:02 Public company’s #Bitcoin investments (data as of November 15th 2022)

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2022-12-08 21:32:05 Binance US Drops All Ethereum-USD Trading Fees - Read Full News

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2022-12-08 21:30:37 O.G. Audio App Winamp Adds Ethereum and Polygon Music NFT Support -Link

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2022-12-08 21:25:01 Metaverse expected to add $15 billion annually to GCC economies by 2030

The metaverse is projected to contribute about $15 billion to GCC economies annually by 2030, led by Saudi Arabia and the UAE, as governments continue to introduce measures to tap into the potential of the emerging technology, a study from Strategy& showed. The kingdom is expected to account for more than half of the figure, or $7.6 billion. Qatar is next with $1.6 billion, followed by Kuwait ($1 billion), Oman ($800 million) and Bahrain ($400 million). Emirates stands to receive almost a quarter, or $3.3 billion, reflecting the aggressive programmes the Arab world's two biggest economies have in place to leverage the metaverse, Strategy&, a subsidiary of global consultancy PwC, said in a statement on Wednesday.The travel and tourism industry is seen benefiting the most, with an estimated $3.2 billion.

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2022-12-08 21:00:12 Hashflow partners with Wormhole for cheaper cross-chain crypto swaps

Decentralized exchange (DEX) platform Hashflow has partnered with Wormhole, a crypto bridge service, to enable users to swap crypto tokens across several blockchain networks, according to an announcement issued on Wednesday. Crypto bridges are protocols used to send tokens from one blockchain network to another. Hashflow says its partnership with Wormhole will make native cross-chain crypto swaps cheaper for users. The DEX platform currently supports swaps across six Layer 1 and Layer 2 chains. These include Ethereum, Avalanche, Optimism, and Arbitrum.
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2022-12-08 20:52:03 Elon Musk's #Twitter has been sued for "disproportionately" firing female employees.

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2022-12-08 20:25:01 Trader loses 70 ETH over bug in NFT marketplace Blur

A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT. Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.” Blur replied to the thread saying that its policy is to refund users for platform bugs but not for user errors, adding that the platform will offer a 50% refund in this incident.After evaluating further, we see how this can be considered a bug from the user’s perspective, so we will refund 50% to traders who were affected by this UI behavior,” wrote Blur.

Source

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