Der Finanzminister des US-Bundesstaates hat die Reise privat finanziert und dabei mit Regierungsvertretern über Bitcoin und Bildungsprogramme gesprochen.
Bitcoin fails to move towards the $21,368 resistance level: Will it dip soon?
Bitcoin has performed well over the last few days but has failed to surge past the resistance level above $21k.
Bitcoin, the world’s leading cryptocurrency, has been performing well over the last few days. The coin has added more than 4% to its value in the last 24 hours and is now trading above $20k for the first time this month.
The positive performance coincides with that of the broader cryptocurrency market. The crypto market has been in a bullish trend since the start of the week, with the total crypto market cap now closing in on the $975 billion mark.
Bitcoin has been trading above the $20k level for the last 48 hours and has failed to mount a rally towards the $21,368 resistance level.
BTC is down by less than 1% in the last 24 hours and could dip below the $20k support level in the coming hours if the bulls don’t take control of the market.
Key levels to watch
The BTC/USD 4-hour chart remains bullish despite Bitcoin underperforming over the last few hours. However, the technical indicators show that Bitcoin could become bearish if the current momentum is maintained.
The MACD line remains above the neutral zone, indicating bullish momentum for Bitcoin. The 14-day RSI of 62 also shows that Bitcoin could enter the overbought region if a sustainable rally can be achieved.
At press time, BTC is trading at $20,205 per coin. If the bulls don’t take control of the market, Bitcoin could slip below the first major support level at $19,581 before the end of the day.
However, the second major support level at $19,026 should cap further downward movement in the near term.
The bulls could regain control of the market and push BTC towards the $20,819 resistance level. In the event of an extended rally, BTC could surge past the $21,368 resistance level in the short term.
Where to buy now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Skilling
Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.
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LG partners with FR0NTIERX for next-generation smart screen NFT displays
LG Electronics Business Solutions has announced a global partnership with Portuguese-based Non-Fungible Token (NFT) platform Fr0ntier X for world-class interactive NFT integrations and experiences on LG webOS Smart Signage.
Fr0ntierX offers a suite of software solutions and its unique application that allows for secure authentication of NFTs on-screen. LG will leverage these in exploring a new class of possibilities while maximizing NFT utility.
Fr0ntierX integrated into LG digital signage solutions
Following the partnership, Fr0ntierX software will from October this year be integrated with LG LED screens and other LG digital signage solutions that run on the WebOS.
Commenting on the partnership, the Co-Founder of Fr0ntierX Zak Manhire said:
“Through this partnership with LG, Fr0ntierX software will enable real-time NFT authentication on-screen in retail environments, events and other modern infrastructure. This world-leading NFT integration partnership will inspire, lead and support growth in the residential sector. Display solutions are the perfect medium for brands in Web3 to galvanize mass adoption and realize incredible NFT opportunities. We are excited by what this partnership brings. The world’s first-ever Proof of Attendance Protocol (PoAP) will be enabled on the LG One: Quick Flex, an all-in-one collaborative display, embedding a photo or short video with filters of the attendee as a memory stamp sent straight to a digital wallet. Our global partnership with LG is just the beginning in world-leading NFT integrations.”
High NFT demand across the market
There is a high NFT demand across the market coupled with the need for a solution in today’s fragmented viewing and purchasing landscape. To that end, the integration of Fr0ntierX into LG WebOS offers a great solution for LG customers who from October will be able to seamlessly browse, purchase, display and interact with NFTs on LG gadgets.
Highlighting why LG choose Fr0ntierX, the Enterprise Sales Head at LG Electronics Business Solutions Europe, Richard Topping, said:
“Fr0ntierX offers a unique solution to address all aspects of our vertical markets – ground-breaking software, 100% carbon neutral NFTs with webOS integration and a suite of white-labelled applications and possibilities. This allows LG to become the global leader in NFT innovation and integration.”
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