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Ethereum Classic: After flipping a 14-month support, here's what to look out for in ETC

Ethereum Classic: After flipping a 14-month support, here’s what to look out for in ETC

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) has been on a swift withdrawal phase after reversing from its year-long trendline resistance near the $52-mark. After puncturing through some vital price ranges, the altcoin flipped its 14-month support to …

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Terra outlines stablecoin support measures as Luna slides below 10 cents

Terra outlines stablecoin support measures as Luna slides below 10 cents

Terraform Labs published extra measures on Thursday to help restore the TerraUSD (UST) peg with the US dollar and support Luna’s cratering price. Chief among them is proposal 1164, as Terraform Labs CEO Do Kwon highlighted yesterday. This is designed to increase the amount of UST that can be swapped for Luna by four times. …

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Twitter to test out Stripe's newly added support for USDC payments

Twitter to test out Stripe’s newly added support for USDC payments

Quick Take Stripe is adding support for payments in the USDC stablecoin on the Polygon blockchain. It will be available through Stripe Connect and Twitter will be the first company to test this service out. advertisement Financial services provider Stripe will support payments in the USDC stablecoin on the Polygon blockchain, according to an announcement …

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Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches

Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches

The leading cryptocurrency by market value fell to $38,577 during the Asian hours, a level last seen on March 15, according to CoinDesk data. Per analytics firm IntoTheBlock, $40,000 was important support, as significant buying activity has happened around that level in the past. The latest decline means the cryptocurrency has lost over 17% since …

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Bitcoin Stuck Below $40K Resistance; Support at $33K

Bitcoin Stuck Below $40K Resistance; Support at $33K

Price action has remained below a downward-sloping 100-period moving average on the four-hour chart over the past few weeks, which indicates strong selling pressure. So far, oversold signals have preceded brief price rises, suggesting limited upside ahead given the persistent downtrend since November 2021. Source link

Strike App Won’t Support Bitcoin in Argentina

Strike App Won’t Support Bitcoin in Argentina

One Argentinian user, Nicolás, told CoinDesk the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT. Another Strike user in Argentina, Adam, tweeted that the app was “a disappointment,” describing the app as a custodial wallet that works only with tether under Ethereum’s ERC-20 …

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