Before making any decisions, it's important to gather all the information. In recent weeks, Bitcoin and other cryptocurrencies have experienced a decline, causing market fluctuations.

However, this seems to be a normal occurrence as traders and investors hope for better market movement. #bitcoin saw a significant drop to $24,800 due to various factors, including the Securities and Exchange Commission ( #SEC ) case against multiple top Altcoins and crypto exchanges.

So, why did Bitcoin experience this decline? Several asset management organizations, such as Blackrock and Fidelity, had launched a Bitcoin ETF, which helped elevate Bitcoin's price from $24,800 to above $31,000.

This ETF would have provided more shareholders with access to Bitcoin through their asset managers. However, the SEC recently stated that the filings for Spot ETFs by these asset managers were inadequate.

This announcement had a negative impact on the cryptocurrency market. Despite this setback, I believe that Blackrock and other asset managers are not finished with their Bitcoin #ETF filings yet. It's worth noting that Bitcoin briefly traded above $31,250 but experienced a sudden drop to $29,500. It may potentially test around $28,400 before showing any significant upward movement.

In conclusion, it is crucial to thoroughly analyze the situation before making any decisions. Selling all your assets should be a carefully considered choice based on a comprehensive understanding of the market.

#REXBOX #Binance

$BTC $ETH $LTC

American tech giant, Google has made a significant change to its mobile software marketplace policy to accommodate more Web3.0 developers who want to buy, sell or earn digital assets on the Play Store. 

In other words, developers will be allowed to integrate digital assets such as Non-fungible tokens (NFTs) into their apps and games, although, these developers will be required to clarify in the Play Console that there are blockchain-based elements in the app.

Google Unlocks Innovation While Upholding Users’ Protection

According to Joseph Mills, Group Product Manager at Google Play, the move is proof that Google is receptive toward creating “more engaging and immersive digital experiences”. 

To guarantee users’ safety, developers are required to work with the technology company to provide a safe, transparent, and trusted experience for everyone. 

“As part of the policy update, we’re requiring that apps be transparent with users about tokenized digital assets,” Mills highlighted. He also noted that developers are not allowed to promote or glamorize any potential earnings from playing or trading activities, even though they are meant to create more enriched, immersive experiences. 

Google Play consulted with several app and game developers including Mystical Games and Reddit which integrated its Avatar NFTs last year. 

Quoted in a statement, Matt Williamson, Reddit’s Senior Engineering Manager reiterated that this updated guideline is aimed at creating a level playing field that promotes user trust, and responsible usage of blockchain technology. He also believes that the implementation of such guidelines guarantees that users make informed decisions while enjoying immersive experiences.

Unsupported Apps Face Ban

On the other hand, apps which do not meet the eligibility requirements under Google Play’s Real-Money Gambling, Games, and Contests policy, are prohibited from accepting money for a chance to win assets of unknown real-world monetary value, including NFTs. 

“This includes, but is not limited to, offering mechanisms to receive randomized blockchain-based items from a purchase such as “loot boxes”, Mills explained.

Google’s current attitude towards Web3.0 and blockchain-based games has not always been so welcoming. Two years ago, games like Bitcoin Blast got kicked out of the Play Store without any rational explanation as to why it booted out the app. Similarly, crypto mining apps were banned from the store in 2018.

#REXBOX #NFTS #NEWS #GOOGLE

Bitcoin's price is predicted to experience a significant increase, rekindling interest in the cryptocurrency once again. It witnessed a notable surge of over 11% in the past week. Adding fuel to the fire, the launch of #EDX , a new digital exchange, alongside the increasing institutional interest in cryptocurrencies, creates a favorable environment for Bitcoin's growth. Amidst this excitement, prominent investor Cathie Wood shared her optimistic views. Wood believes that #bitcoin could reach an astonishing $1 million. Additionally, she expressed confidence in Coinbase, a leading cryptocurrency exchange, further highlighting positive sentiments for the industry. With all these factors at play and such a notable price movement, the question arises: Are we on the path to reaching the significant milestone of $30,000? Let's explore! EDX Launch and Increased Institutional Crypto Activity Boost Bitcoin's Momentum EDX Markets announced on Tuesday the successful launch of the digital asset marketplace and completion of its investment round with new equity partners. The exchange now enables the trading of popular cryptocurrencies such as Bitcoin (BTC), #Ethereum (ETH), #Litecoin (LTC), and Bitcoin Cash (BCH). Prominent investors in EDX include Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. Plans for cryptocurrency trading platforms by Schwab, Citadel, and Fidelity were unveiled in June of last year.

#REXBOX

Predicting Bitcoin's Price Surge and Dominance

Stay up to date on breaking news coverage Pepe Coin (PEPE), which once stood as a symbol of meme-inspired jest and joy, is currently grappling with a decline, raising eyebrows and concerns across the crypto community. Let's explore Pepe coin's price outlook as bulls and bears battle for ascendancy.

PEPE Price Hangs in The Balance PEPE is trading at $0.00000135, reflecting a 2.3% decrease over the last 24 hours. Its trading volume has reached $77 million, signifying a 47% decline during the same period.

PEPE/USD Chart The PEPE/USD pair faces a strong resistance point tested twice, leading to the price decline. The formation of a double-top pattern confirms the bearish sentiment, and the price has dipped slightly below the 50-day exponential moving average (EMA). The bulls are attempting to break above the 50 EMA, indicated by three short bullish candlesticks below the moving average. This situation has created uncertainty for PEPE/USD as it hangs in the balance. However, if the price breaks above the 50 EMA, it will confirm an upside movement, empowering the bulls to surpass the resistance level at $0.0000019307. On the other hand, if the EMA proves resilient, it may allow the bears to push the price down toward the major support at $0.0000008264. The relative strength index (RSI) is currently at 42, indicating an uptrend with higher buying pressure approaching the 50-level mark. A break above the 50 mark would send the RSI into the overbought region (70).

Pepe at Critical Juncture Considering the analysis, the PEPE/USD pair is at a critical juncture. There is a possibility of an upside breakout, leading to a move toward the major resistance level at $0.0000019307. Conversely, if the bears gain strength, the price may find support at the $0.0000008264 level.

In the meantime, investors looking for potentially high returns can explore the ongoing presale phase of BTC20. This token presents an alternative option to the PEPE coin.

BTC20 Presale Inches Closer to $6.05 Million Hard Cap The fast-growing 'new Bitcoin' project BTC20 has successfully reached its soft cap, ensuring its continuation. Presale buyers still have the opportunity to participate until the hard cap is reached. The presale offered $1 per token, reminiscent of Bitcoin's early days, and received widespread support, generating significant anticipation for its potential.

The streamlined approach has attracted considerable attention in the cryptocurrency industry, and investors eagerly await its upcoming introduction to the broader community in the coming weeks. BTC20 presale is ongoing and has successfully raised over $4.24 million, maintaining a steady price of $1. As the soft cap has been breached, they have made an additional $3.05 million worth of tokens available.

With its rapid progress, there is a strong possibility that the presale will reach its target hard cap within the next week. As the presale concludes and the coin gets listed on exchanges, the level of interest is expected to rise even further.

What distinguishes the BTC20 initiative from others in the crypto market is its exceptional and one-of-a-kind focus on reducing the token supply. This sets a unique tone for BTC20's offering. Investors are drawn to the project's emphasis on scarcity, reminiscent of Bitcoin's early days when tokens were valued at $1, and the total circulation was restricted to only 6.05 million.

BTC20 Presale's Strategic Alignment with Bitcoin's Supply Sparks Investor Confidence Throughout the presale period, the total supply of BTC20 is deliberately limited to 21 million tokens, mirroring the exact quantity of Bitcoin. This strategic alignment with Bitcoin's supply creates a compelling belief that BTC20 may follow a development trajectory similar to that of Bitcoin, sparking increased interest and confidence in the project's potential for growth. BTC20's smaller token supply and vibrant, committed community put it in a favorable position for potential success.

Once the token is listed, the project's fusion of scarcity and high demand sets the stage for rapid market cap growth. As a result, BTC20 presents an appealing investment opportunity, benefiting not only its creators but also all participating investors, ensuring mutual gains for everyone involved.

Interested investors can connect their digital wallets to the token's website and acquire the BTC20 tokens by swapping their ETH or USDT or buying directly from the bank using their bank Card.

#REXBOX #PEPE $PEPE

Written by #REXBOX

Digital currencies have emerged as a revolutionary force in the world of finance, reshaping the way we perceive and transact value. With the rise of cryptocurrencies like Bitcoin, Ethereum, and many others, it has become crucial to explore the concept of digital currencies and the role of technical analysis in understanding their market dynamics. This article aims to provide an overview of digital currencies and delve into the significance of technical analysis in evaluating their potential.

Candlestick charts provide a visual representation of

Importance of Technical Analysis: Technical analysis plays a vital role in analyzing digital currencies and their market trends. It involves studying historical price and volume data to predict future price movements. Traders and investors use various technical indicators, chart patterns, and statistical tools to identify trends, support and resistance levels, and potential entry or exit points.

Key Elements of Technical Analysis:

Candlestick Charts: Candlestick charts provide a visual representation of price movements, displaying opening and closing prices, highs and lows within a specific time frame. They help identify patterns and trends.

Trend Analysis: Identifying trends is crucial in technical analysis. Trends can be bullish (upward), bearish (downward), or sideways (horizontal). Traders use trendlines, moving averages, and other tools to spot trend reversals and make informed decisions.

Support and Resistance Levels: Support levels are price levels where demand is expected to be strong enough to prevent further price declines. Resistance levels are price levels where supply is expected to be strong enough to prevent further price increases. These levels help determine potential entry and exit points.

Indicators: Technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Bollinger Bands, provide insights into price momentum, overbought or oversold conditions, and volatility. They assist in confirming or challenging trading decisions.

Pattern Recognition: Chart patterns, such as head and shoulders, double tops, triangles, and flags, offer insights into potential price reversals or continuations. Recognizing these patterns can help traders anticipate market movements.

Pattern Recognition: Chart patterns

Conclusion: Digital currencies have transformed the financial landscape, offering decentralized and secure alternatives to traditional banking systems. Technical analysis provides valuable tools and techniques to assess market trends, identify entry and exit points, and make informed trading decisions. As the digital currency market continues to evolve, a solid understanding of technical analysis can empower individuals to navigate this dynamic landscape successfully. However, it's important to remember that no analysis technique guarantees absolute accuracy, and combining technical analysis with fundamental analysis is often recommended for a comprehensive understanding of digital currencies and their underlying technologies.

The United States has been the dominant power in the global economy since the end of World War II. The US has the largest economy in the world and the US dollar is the world's reserve currency. This means that the US dollar is the currency that other countries use to settle international payments.

Why the US Dollar Is the Global Currency

This gives the US a great deal of power to shape the global economy. For example, the US can use its economic power to impose sanctions on countries that do not agree with its policies. The US can also use its economic power to pressure other countries to take actions that serve its own interests.

However, in recent years, the US's dominance in the global economy has begun to decline. There are a number of factors contributing to this decline, including the rise of China and Russia, the increasing use of cryptocurrencies, and the emergence of new economic powers such as India and Turkey.

China is the second largest economy in the world and its economy is growing faster than the US economy. China also has a strong industrial base and is a major source of consumer goods. This makes China a serious competitor to the US in the global economy.

Russia is also an emerging economic power. Russia has rich natural resources and is a major source of oil and gas. Russia is also a member of the G20, which is a group of the world's largest economies. This gives Russia a great deal of influence in the global economy.

The use of cryptocurrencies is another factor contributing to the decline of US dominance in the global economy. Cryptocurrencies are digital currencies that are not subject to the control of any government or central bank. This makes them more stable than traditional currencies and more attractive to investors.

The emergence of new economic powers such as India and Turkey is also a factor contributing to the decline of US dominance in the global economy. India is the second most populous country in the world and its economy is growing faster than the US economy. Turkey is also an emerging economic power and its economy is growing faster than the US economy.

These factors suggest that US dominance in the global economy is beginning to decline. It is unclear when this dominance will end, but it is clear that it will end one day. When this dominance ends, there will be a new global economic order and this order will be more stable and just than the current order.

PHOTO: BAILEY MARINER

Are We Puppets of the US Government?

It is clear that the US is a dominant power in the global economy and that it has the power to shape the policies of other countries. This raises the question of whether we are puppets of the US government.

The answer to this question is yes, to some extent. This is because the US economy is the largest in the world and the US dollar is the world's reserve currency. This means that the US has the power to shape the policies of other countries through the use of its economic power.

For example, the US can use its economic power to impose sanctions on countries that do not agree with its policies. The US can also use its economic power to pressure other countries to take actions that serve its own interests.

This raises concerns about our political independence. If the US is able to shape the policies of other countries through the use of its economic power, it means that it is able to influence our domestic policies as well.

It is important to remember that the US is not the only country with interests in the global economy. There are other countries, such as China and Russia, that also have interests in the global economy. These countries are also seeking to shape the policies of other countries.

This means that we have some degree of independence in our domestic policies. We are not puppets of the US government, but we are not independent from it either. We live in a complex world and there are many forces that influence our domestic policies. It is important to be aware of these forces and to fight for our political independence.

#usa #dollar #REXBOX