Der argentinische Präsidentschaftskandidat Javier Milei, Bitcoin-Befürworter und Gegner der Zentralbank, hat in einer Vorwahl die Mehrheit der Stimmen erhalten.
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Der argentinische Präsidentschaftskandidat Javier Milei, Bitcoin-Befürworter und Gegner der Zentralbank, hat in einer Vorwahl die Mehrheit der Stimmen erhalten.
The English Premier League (EPL) 2023-24, one of the most followed and watched games, just kicked off and the presale of Chancer, the world’s first decentralized predictive market-making platform, is gaining momentum. At press time, 30,047,387 CHANCER tokens had been sold raising $1,331,800.21.
The Chancer presale saw increased activity over the weekend as EPL teams played their first matches over weekend and it is expected to gain momentum as the league progresses until its mainnet launch in Q1 2024.
Chancer is developing a cutting-edge prediction markets platform based on the principles of user empowerment and decentralization. It aims to primarily function as a peer-to-peer (P2P) betting facilitator rather than a typical betting establishment. It will allow individuals to create and control their own betting markets, a strategy that democratizes the betting market.
The appeal of Chancer, which Adam and Paul Kelbie co-founded, goes far beyond traditional sports betting. Users of the platform will be able to wager on any event they can think of, from the results of football matches including EPL matches and Champions League final to more specialized wagers between friends.
Chancer’s value proposition heavily emphasizes its adaptability, which, along with the company’s plans to become a DAO, distinguishes it from other cryptocurrencies and betting platforms and explains why so many investors are interested in finding out how to buy CHANCER.
At the heart of the Chancer ecosystem is the CHANCER token, which is the primary currency for transactions within the ecosystem.
The value of the CHANCER token is linked to the success of Chancer’s P2P betting concept. As the project grows and widens its user base, the demand for CHANCER tokens is expected to also see an increased uptick leading to a potential price surge. That said, the value of CHANCER has also been rising throughout the presale with each presale stage.
Chancer also stands the chance of attracting users who are currently not attracted to the traditional online betting platforms which are centralized. One of the greatest Chancer prepositions is the ability for users to create their own wagers on anything including activities between friends.
A majority of Chancer investors see it as a great platform for creating betting markets and betting for the EPL matches besides other competitions. And it goes without saying that the EPL is the most followed football league in the world courtesy of the many top talents playing in the various teams.
Although the American Major League Soccer (MLS) has been seeing some traction since Lionel Messi moved to the Inter Miami club, the MLS is still far below the EPL in terms of popularity.
When Chancer officially launches in the first quarter of 2024, the EPL is likely to be one of the most betted competitions on the platform before the 2024 Olympics games begin later on in the year.
Well, the decision to invest in any project is the prerogative of an investor and requires due diligence especially when it comes to cryptocurrency projects because of the volatile nature of cryptocurrencies.
So, far Chancer has shown its capability to revolutionize the betting industry which was valued at over $2B in 2022. If successful, the project will be a force to reckon with within the betting circles seeing it is introducing an opportunity for CHANCER token holders to create their own wagers on basically anything.
To purchase your CHANCER token, you can visit Chancer’s official website here.
The post Chancer gains momentum as the English Premier League 2023-24 kicks off appeared first on CoinJournal.
Das Blockchain-Sicherheitsunternehmen PeckShield schätzt, dass das Protokoll durch Kursmanipulation über 2,1 Millionen US-Dollar verloren hat.
In einem kürzlichen Podcast-Interview erklärte Michael Saylor, man solle keine Angst davor haben, dass Bitcoin von großen Unternehmen gekauft und verwahrt wird. Dazu nannte er drei Hauptgründe, warum Verwahrer notwendig sind.
Bitcoin bulls must be frustrated by the slow price action in the last few months. After all, ever since it met resistance at the $30k level, Bitcoin moved in a very tight range compared to historical volatility.
But the same happened to the FX market. Volatility remains subdued since the EUR/USD climbed over the pivotal 1.10 level, and now traders wonder what comes next – further upside or a reversal of the bullish trend.
The two are connected.
If one looks at the EUR/USD rally from 0.95 and compares it to the Bitcoin rally from $15,000, similarities can’t be ignored. In other words, it is more of a US dollar’s story than Bitcoin investors accumulating more coins.
Faced with this ambiguity, sometimes it helps to look at the bigger picture and interpret charts. In doing so, the bias for Bitcoin price is bullish.
So here are two technical reasons to buy Bitcoin (or sell the US dollar):
The first technical bullish setup for Bitcoin comes from the Relative Strength Index (RSI). The RSI is an oscillator, typically displayed at the bottom of a chart.
The main theme of the weekly chart above is Bitcoin’s rally from the 2022 lows. The move from $15k to above $30k resulted in the RSI crossing above 50.
The RSI “oscillates” between overbought and oversold levels, marked with 70, respectively 30. When in-between levels, technical traders focus on the 50 mark. More precisely, when the RSI crosses above 50, the price action is bullish, and when it crosses below, the price action is bearish. Of course, traders should be aware of false breakouts.
But the timeframe above (i.e., weekly) suggests no such thing as a false breakout. Just the opposite, considering that the price action has held above 50 since the start of 2023.
Hence, the bias remains bullish while the RSI holds above 50, and the next move should be a climb into the overbought territory.
An ascending triangle is a bullish pattern characterized by the price action pushing against horizontal resistance. Its measured move equals the longest segment in the triangle formation and points to further advances toward the $45k area.
However, there is one condition – the price action must hold above $25k. If it does so, the RSI will stay above 50, meaning Bitcoin’s price will finally build energy to break above horizontal resistance.
The post 2 technical reasons to buy Bitcoin (or sell the US dollar) appeared first on CoinJournal.