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Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Reaches Equilibrium Point as It Slumps in a Range Below $30K – April 30, 2023 Today, the Bitcoin price tried a third test as it slumps in a range below $30K. After falling below the 21-day SMA, the price of the cryptocurrency has since moved inside the moving average lines. The largest cryptocurrency asset dropped to the $28,409 support level as it approached the 50-day SMA. Bitcoin Price Statistics Data: •Bitcoin price now – $28,514.35 •Bitcoin market cap – $552,597,300,835 •Bitcoin circulating supply – 19,360,862 BTC •Bitcoin total supply – $599,610,495,180 •Bitcoin Coinmarketcap ranking – # 1 R esistance Levels: $50,000, $55, 000, $60,000 S upport Levels: $25,000, $20,000, $15,000 The psychological price level of $30,000 was rejected by the BTC price today, and it has since fallen between the moving average lines. Purchasers made three earlier unsuccessful attempts to break the $30,000 peak

Musk Unveils Subscription Feature Twitter’s most recent modification, which emphasizes user-focused enhancements, intends to improve follower engagement and develop new revenue streams on the site by enabling people all over the world to monetize different kinds of tweets. Twitter users now have the opportunity to charge a monthly fee to their followers by using the newly launched “Subscriptions” feature. Users can choose one of the price points that Twitter has established for this service and once the payment has been processed, subscribers are granted access to the creator’s exclusive content, which is hidden from the view of the general public. advertisement Support content creators around the world in near & far away places! For many this represents a vital source of income & enables them to put more time into creating great content for you. https://t.co/XzrFMLPytB — Elon Musk (@elonmusk) April 29, 2023 Trending Stories

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC is yet to gain strength above the 21-day moving average as the coin ranges. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,277 Bitcoin market cap – $565.7 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $35,000, $37,000, $39,000 Support Levels: $24,000, $22,000, $20,000 After another failure to hit the resistance level of $30,000; BTC/USD is likely to slide under the 21-day moving average. Meanwhile, the Bitcoin price could begin another decline if bulls failed to push the coin to the upside. At the opening of today’s trading; the king coin touches the resistance level of $29,675, but any further bearish movement may bring the coin down to the bearish zone. Bitcoin Price Prediction: Bitcoi

Bitcoin experienced sudden volatility on Wednesday, April 26, 2023. During this period, the flagship cryptocurrency dropped by almost $3,000 in less than three hours, impacting both long and short positions held by traders. BTC/USD 3H Chart on TradingView According to reports, the overall impact of this sudden volatility spread to a broader segment of the Bitcoin market, liquidating as much as $175 million worth of futures positions and wiping out up to $1 billion in open interest within 24 hours. Sudden spikes resulting from market volatility are the bane of long-term positions. Under such circumstances, open trades whose margins get exhausted or highly depleted are closed automatically by exchanges and trading platforms. The recent volatility experienced in the Bitcoin market spiked both ways. The price dropped extensively and liquidated several long positions. The price bounced, after activating sell-limit orders, only to spike high and have them liquidated. Only

The social analytics platform LunarCrush recently shared a list of the top ten most-searched cryptocurrencies by its users. The list includes BTC, VRA, RNDR, LUNR, INJ, ALU, ETH, MATIC, UTK, and SOL. Top ten current trending searches on LunarCrush.$btc $vra $rndr $lunr $inj $alu $eth $matic $utk $sol Insights: https://t.co/IAN6SHYwfo pic.twitter.com/3y2G0X3Y3C — LunarCrush (@LunarCrush) April 27, 2023 Even with the current market volatility, prominent cryptocurrencies continue to trend on social media platforms. According to LunarCrush, these cryptocurrencies have piqued the interest of their users, resulting in them being among the top 10 most searched on the platform. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has earned the top spot on LunarCrush’s list with a Galaxy Score of 49 and 18.85 billion social engagements. Meanwhile, Verasity  (VRA), the token of a blockchain-based platform that aims to disrupt the online video industry, r

The NFT market has seen a persistent surplus of sellers compared to buyers throughout the month of April, according to data from analytics platform NFTGo. On April 26th, 8,641 sellers were recorded, compared to 7,907 buyers. This trend is concerning for sellers as there has not been a single day in April when the number of buyers surpassed the number of sellers, signaling a potential lack of demand. The last recorded day where buyers exceeded sellers was March 11. The NFT market experienced a downturn in March following the collapse of Silicon Valley Bank, which instilled fear among traders and could be the cause behind a 27.9% decrease in daily NFT sales count. Wash trading in the top six NFT marketplaces saw a rise in February, reaching a total volume of $580 million. This increase was attributed to the overall recovery of the NFT marketplace. According to data from Dune, sales, volume, and unique users are all crucial measures for NFTs, and they’re all at annual lows

Former Coinbase Employee Requests 10-Months Prison Sentence According to the court filing on April 26, Ishan Wahi has filed a sentencing memorandum in the US District Court for the South District of New York. Ishan Wahi faces a sentencing hearing on May 9, which could send him to jail for many years. advertisement Defendant Ishan Wahi requested a sentence of no more than 10 months for his insider trading charges, considering his social and personal responsibilities, and good history. Lawyers representing Wahi believe it would be sufficient to impose 10-months jail term, but not excessive, punishment for the crimes of conviction. The SEC accused former Coinbase executive Ishan Wahi, along with Ishan’s brother Nikhil and their friend Sameer Ramani of engaging in insider trading. Both Wahi brothers have pled guilty, with Nikhil being sentenced to 10 months. Ishan Wahi is also seeking a similar sentence next month.

Also Read: Banks, VCs, Pension Funds Once Crypto-Friendly Steering Away From Crypto advertisement During the recent House Financial Services Committee hearing, Gary Gensler dodged the question on explaining how crypto firms should comply with the laws. The Committee Chair Patrick McHenry came down heavily against Gensler’s stance that existing securities laws are already compatible with the Crypto Market . Jay Clayton Supports Gensler The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Speaking about the state of the Crypto Market and the debate around regulation, Clayton said securities can eventually become commodities but currently many cryptocurrencies appear to be securities. He explained that these assets now give a first mover advantage to early investors in crypto proj