of bitcoin The price remained relatively stable on December 22 near $16,750. The BTC/USD pair started trading at $16,845 and reached a high of $16,873 and a low of $16,800 on Thursday. BTC/USD is trading sideways due to low trading volume and volatility.
Twitter updates search feature with BTC and ETH price index
On December 21, a new feature was added to the Twitter Business account that is an improvement on “$Cashtags”. Twitter, the social networking site, has launched a new cryptocurrency tool that allows users to view the price of bitcoin (BTC) and ether (ETH) simply by typing their name or ticker in the search bar.
The account states that whenever a user tweets with a $ in front of a significant stock, exchange-traded fund, or cryptocurrency, they will see a hyperlink that takes them to search results that now include those symbols’ values. There are determination graphs. It also said that all you have to do to see the price graph is to type in the ticker symbol for the stock or cryptocurrency you are interested in.
Twitter CEO Elon Musk touted the new feature shortly after the announcement, noting that it was “one of many product improvements coming to Financial Twitter.”
At the time of writing, the only cryptocurrencies with price charts are BTC and ETH. Twitter Business, on the other hand, hopes to improve the user experience and expand symbol coverage “in the coming weeks”.
Following Elon Musk’s acquisition of Twitter, the site took several crypto-friendly steps. The company wants to take these steps even further. These measures could benefit the cryptocurrency market and BTC/USD.
SBF in FBI custody as FTX co-founder and Alameda CEO plead guilty to fraud
On December 21, a US court announced that FTX co-founder Gary Wang and former CEO of sister company Alameda Research, Carolyn Ellison, have pleaded guilty to fraud charges and will serve as authorities in an investigation into the crypto exchange’s dramatic fall from grace. cooperating with.
US Attorney for the Southern District of New York (SDNY) Damien Williams announced the latest development in the FTX scandal in a statement on Wednesday night.
He claimed that Sam Bankman-Fried, the former CEO of FTX, was in the custody of the Federal Bureau of Investigation (FBI). Furthermore, after being deported from the Bahamas, he returned to the United States. Charges have been announced against the two by the Department of Justice, the SEC and the CFTC, as the SBF travels to the United States to respond to the allegations.
Attorneys for the Southern District of New York said the charges against the pair were filed to gain cooperation in the investigation into FTX’s death. However, the SEC has now indicated that it will charge both for misleading FTX stock investors. The FTX bankruptcy was the latest in a string of notable bankruptcies in the cryptocurrency industry this year.
BTC/USD and other cryptocurrencies have suffered heavy losses in the past month due to concerns about contagion. As a result, any news about a problematic exchange can affect the wider crypto sector.
bitcoin price
current price of bitcoin is $16,643, and the 24-hour trading volume is $15 billion. The BTC/USD pair declined by almost 1% over the past 24 hours. After declining below the $16,300 level, bitcoin price recovered in the trading range of $16,700. Currently, bitcoin has an immediate resistance level above $16,800, and any close below this level could signal a bearish trend.
An immediate support for bitcoin is $16,250 or $16,100; A bearish break of this level could expose BTC to $15,650.
According to the MACD and RSI indicators, the market currently has a mixed bias. The RSI is indicating that the market is oversold, while the MACD indicates that there could be an upside move. These conflicting signals can make it difficult to predict the direction of a market trend.
Finally, a close of the candle below the 50-day simple moving average suggests that the decline could continue.
Alternative Cryptocurrencies With Greater Short-Term Gains
The cryptocurrency has been trading sideways for several weeks, prompting some traders to consider options with more short-term potential. The following are some of the market’s leading pre-sales, allowing investors to get in on the ground floor.
FightOut (FGHT) – Presale Launch
FightOut, a brand new move-to-earn (M2E) fitness app and gym chain that aims to bring the fitness lifestyle to the Web3, has started its pre-sale, and investors believe the project will continue to make the most of the existing Web3 has the potential to change the M2E landscape.
Existing M2E applications, such as STEPN, only track steps and require expensive non-fungible tokens (NFTs) to participate, while FightOut offers a more holistic approach to tracking and rewarding its users for their exercise and activity. approach and does not require any Expensive buy-ins.
FightOut’s FGHT tokens are currently selling for 60.06 USDT per 1 USDT, and interested investors are encouraged to act quickly to secure their tokens, with presales exceeding $2.7 million in just a few days. goes. The FightOut crypto ecosystem will be powered by the FGHT token.
Dash 2 Trade (D2T) – Pre-sale enters final phase
Those looking to invest in a promising crypto trading platform startup should consider Dash 2 Trade. With its unique features, the upcoming analytics and social trading platform is expected to take the crypto trading space by storm. Trading signals, social sentiment and on-chain indicators, a pre-sale token scoring system, a token listing alert system, and a strategy back-testing tool are among the features.
Dash 2 Trade’s ecosystem will be powered by the D2T token, which users will need to purchase and hold in order to access the platform’s features. Dash 2 Trade is currently conducting a token pre-sale at heavily discounted prices, having recently sold over $10.26 million.
The pre-sale dashboard will be available soon, as the development team is currently ahead of schedule. The tokens are currently being sold for $0.0533 per token and will be listed on multiple centralized exchanges within the next month.
Calvaria (RIA) – Final pre-sale phase now
In 2022, major blockchain-based games such as Axi Infinity have lost significant traction. As a result, many investors interested in the crypto gaming space are looking for other options. Calvaria, a new play-to-earn battle card crypto game, could be a viable option.
Calvaria aims to increase crypto adoption by building a bridge between the real world and crypto in the form of a fun and accessible crypto game. Calvaria’s RIA token pre-sale should be considered by investors.
With a $97.5K purchase by a crypto whale earlier this month, Calvaria has now raised $2.51M. The pre-sale is about to end, with only 18% of the tokens left.
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