✅HENBBO ADDED TURKISH LANGUAGE SUPPORT TO ITS OFFICIAL PLATFORM
Turkey is the largest country in Western Asia with a population of almost 90 million. Despite a number of restrictive measures adopted by the country's leadership in the spring of 2021, the number of Turkish citizens actively using cryptocurrencies in 2022 according to various estimates amounted to 20%.
The Turkish lira exchange rate has always been quite volatile. In addition, since 2013 there has been a gradual decline in its exchange rate against the U.S. dollar and at the end of 2022 inflation exceeded 50%.
The low stability of the national currency largely contributes to the growing popularity of alternative financial instruments among the Turkish population. In this case, cryptocurrencies are actively used for mutual settlements and investments in order to save and multiply their own funds.
Earlier, the Turkish authorities initiated the creation of a special vault to reduce user risks. After that, according to experts, in the fall of 2022 the total volume of cryptotransactions amounted to more than $26 billion, nearly four times more than during the same period in 2021.
Henbbo Foundation also notes an increase in the activity of investors from Turkey and surrounding regions. To make it more comfortable for them to use the services of the company, Henbbo added Turkish language support on its official platform.
HENBBO - smart investment will change your life!
May 3rd, 2023 17:47:05
✅Ethereum Price is Plunging, But It’s Too Early to Say Uptrend Is Over
Ethereum Price Extends Decline
Ethereum’s price settled below the $1,880 pivot level to move into a bearish zone. ETH extended its decline and traded below the $1,850 support, similar to Bitcoin at $28,000.
The price traded close to the $1,800 level. A low is formed near $1,805 and the price is consolidating losses. It is trading below $1,850 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance near $1,835 on the hourly chart of ETH/USD.
Immediate resistance is near the $1,835 level and the trend line. It is close to the 23.6% Fib retracement level of the downward move from the $1,940 swing high to the $1,805 low.
The next major resistance seems to be forming near $1,880 and the 100-hourly Simple Moving Average. The 50% Fib retracement level of the downward move from the $1,940 swing high to the $1,805 low is also near the $1,880 level.
A close above the $1,880 level might start a fresh increase. In the stated case, the price could rise toward the $1,920 resistance. Any more gains could send Ether toward the $1,940 resistance. The main hurdle is now forming near the $2,000 zone, above which the price could gain bullish momentum.
More Losses in ETH?
If Ethereum fails to clear the $1,835 resistance, it could continue to move down. Initial support on the downside is near the $1,800 level.
The next major support is near the $1,780 zone, below which ether price might drop toward the $1,740 support zone. Any more losses may perhaps take the price toward $1,700 in the near term.
May 3rd, 2023 17:45:22
✅Bitcoin (BTC) Price Remains Indecisive Despite Setting New Transaction Records
The Bitcoin (BTC) price trades inside two bearish patterns with the same support line. A breakdown from them can greatly accelerate the rate of decrease.
The Bitcoin price has created two bearish patterns, warning that a considerable decrease is forthcoming. Will the price confirm this bearish hypothesis by breaking down from the pattern, or will a bounce invalidate it?
BTC Price Deviates and Gets Rejected
The Bitcoin price fell significantly after creating a bearish engulfing candlestick two weeks ago. This is a type of bearish candlestick in which the entire gains from the previous period are negated in the next one.
Last week, the price attempted to move upwards but was rejected by the $29,800 resistance area.
So, in a span of two weeks, the BTC price deviated above an important resistance area (red circle). It then validated it as resistance (red icon). Both are considered bearish signs and often lead to downward movements.
Despite the rejection, the weekly Relative Strength Index (RSI) is still positive as it is above 50 and rising. Traders use the RSI to evaluate whether a market is overbought or oversold and to decide whether to buy or sell an asset.
If the RSI is above 50 and the trend is upward, the bulls remain in control, but if the RSI falls below 50, the opposite is true. It is worth mentioning that the number of average transactions reached a new all-time high last week.
Bitcoin Price Prediction: Does a Correction Await?
The technical analysis from the daily time frame gives a bearish Bitcoin price prediction for two reasons.
Firstly, the digital asset is trading inside an ascending parallel channel. The ascending parallel channel is classified as a corrective pattern where the price stays within parallel resistance and support lines before eventually breaking down.
As the channel is upward-sloping, it suggests that the overall trend is downward, making it a bearish pattern. The fact that the price was rejected by the channel’s midline numerous times (red icon) and is now trading in its lower portion solidifies the bearish outlook.
Next, the price has created a head and shoulders pattern, which is also considered bearish. The pattern consists of an absolute high between two lower highs. After the second lower high is complete, the price usually breaks down swiftly.
If this occurs, it will also cause a breakdown of the channel. A movement that travels the entire height of the pattern will take the BTC price to $23,400, also coinciding with the 0.5 Fib retracement support level (black).
Looking at all the above indicators, If the price breaks out toward an average price of $42,500, it is anticipated that the area will provide support once again, but as a result of the rejection, the area continues to function as resistance.
If the decline persists, the nearest support level will be at $25,000.
On the other hand, moving above the channel’s midline at $30,000 will invalidate this bearish Bitcoin price prediction. In that case, the price could increase to the channel’s resistance line at $31,300.
Since this would also mean that the BTC price breaks out from the long-term $29,800 resistance area, it could accelerate the rate of increase further.
May 3rd, 2023 17:44:03
✅FRESH NEW DESIGN INTEGRATED AT GOLD UNICORN
May 1st, 2023 09:38:58
✅HENBBO ADDED PROMO CODES FOR THE COMPANY'S INVESTORS
Henbbo gives its users the opportunity to earn extra income by using the company's promo codes. With a promo code, you can get an extra amount to your balance, a bonus to your staking, a new staking and the like.
Any of our investors can get a Henbbo promo code. To do so, you need to actively use our services and participate in the company's events. In addition, investors can get a promo code at the company's various giveaways. In this case, the higher your activity, the higher the chance of getting a promo code from Henbbo.
You will be notified of the receipt of your personal promo code in your cabinet on the main page of our platform. Here you will also be able to use the received promo code by entering it into the appropriate field.
Henbbo gives you their first promo code, which you can use right now in your personal cabinet.
HENBBOPROMO
Make money, grow with Henbbo and earn extra income by using promo codes from our company!
Henbbo - smart investment will change your life!
May 1st, 2023 09:37:39
AXNEB.com (https://axneb.com/ref/heatstreak) - Most secure short-term investments
Dear investors and AXNEB community! We're excited to announce that we've recently hit the 7x Capital Boost milestone, a testament to our unwavering commitment to delivering exceptional returns on your investments.
We're thrilled to inform you that we've now been online for 51 days, during which time we've grown our vibrant community to nearly 5300 strong, and we're still growing!
Your trust and support have been instrumental in this journey.
We're proud to have already disbursed $420,000 in profits and returns to our investors. Your financial success is our victory, and we are committed to maintaining this momentum.
We've just added some fresh, eye-catching banners in our Referrals section. They're designed to help you invite friends and colleagues to join the AXNEB family, and in the process, earn additional income through our lucrative referral program.
We are also constantly updating the Newsroom section where you can find links to articles and video reviews about our platform.
Thank you for your continued trust in AXNEB.com (https://axneb.com/ref/heatstreak), now recognized as the most stable short-term investment platform on the market!
We encourage you to continue investing, inviting friends, and making new deposits. Together, let's reach new heights!
AXNEB LTD Team
Apr 29th, 2023 00:51:06
Gravity-based batteries will help store excess energy without harming the environment
During the development of renewable energy sources, such as solar and wind, there is a need to store excess energy. Traditional storage methods, such as lithium batteries, have a number of disadvantages: they are expensive, harmful to the environment and limited in scale. Therefore, scientists are looking for new solutions that are more effective, environmentally friendly and affordable.
One of the free ways to get energy is gravity of the Earth. Gravity-based energy stores use gravity to store and release energy.
This method of energy storage is already used in storage hydroelectric power plants (NPPs), where water rises to high altitudes with pumps and then descends through turbines to generate electricity. NPPs make up more than 90% of the world's energy storage capacity. However, they have significant limitations: they require high costs for construction and operation, as well as specific geographical conditions - steep terrain and a large amount of water.
Gravity-based batteries have great potential for the development of renewable energy in the world. They can be placed almost anywhere where there is height or depth. They can be used to smooth out peaks of supply and demand for electricity, as well as to maintain network stability.
The principle of their work is that if there is an excess of energy from renewable sources, the system raises the heavy block to a certain height, accumulating potential energy. When energy is needed, the load drops down, turning potential energy into kinetic and then electrical energy with the help of a generator.
A gravity-based battery can be a more versatile and cheaper alternative to NPPs. Any heavy material, such as concrete blocks, can be used as cargo. Any vertical structure, such as a tower or mine, can be used as a height. The gravity-based battery does not pollute the environment and is not subject to wear or corrosion.
Work is currently underway to create two large-scale gravity-based battery projects in the United States and China. In the United States, Energy Vault is building a 150 m high tower that will lift and lower blocks of concrete weighing 35 tons each. The total storage capacity will be 80 MWh. The company claims that its battery will cost half the price of lithium batteries and has a service life of up to 40 years.
In China, Gravitricity is building a gravity-based battery in an abandoned mine 1.5 km deep. Two loads weighing 12 tons each will be suspended in the mine, which will be lifted and lowered with the help of electric motors. The total storage capacity will be 4 MWh. The company claims that its battery will have a service life of up to 50 years.
Apr 29th, 2023 00:48:23
⚠️ Company's news
We wanted to inform you that we have made changes to the minimum withdrawal amount for two cryptocurrencies due to the high commission within the TRC20 network.
➡️ The new minimum withdrawal amount is now 40 USDT TRC20 and 550 TRX.
Please note that this change only applies to these two cryptocurrencies, and all other cryptocurrencies remain unchanged.
Follow company news to stay up to date.
✅ Best regards, Mingo Global Team
Apr 29th, 2023 00:46:37
Bitcoin Ordinal Inscription Resurgence Sees New All-Time High
It noted that following a brief decline in inscription utilization, the daily inscription transaction count has experienced a sharp resurgence. As a result, it recorded an all-time high of 193,000 Inscriptions minted in a single day on April 23.
Around 40% of all Bitcoin transactions were associated with an inscription file on that day, it noted. The following day saw around 85,000 inscriptions, the third-highest day on record. Bitcoin Ordinal Inscriptions Count – Glassnode
Bitcoin Ordinal Text Inscription Revival
Furthermore, the vast majority of the Bitcoin ordinal inscriptions on the record-breaking day were text inscriptions. These continue to dominate transactions, whereas image inscriptions were more popular in the beginning.
On April 24, Ord.io reported there had been 1.52 million ordinal inscriptions, and 56% of them have been text. Image inscriptions were the second largest share, with around 40%. The remainder were JSON, HTML, PDF, and video files.
However, Dune Analytics reports a total of 1.73 million total inscriptions, and more than a million of them were plain text. It also revealed that the total fees to date for ordinal inscriptions were 184 BTC, or around $5 million. Bitcoin Ordinals Fees – Dune Analytics
Bitcoin ordinal inscriptions are crypto assets similar to nonfungible tokens (NFTs). They can be inscribed into one Satoshi, the smallest denomination of a Bitcoin.
Moreover, the inscribing process writes additional data of the content stored into the “witness” of the Bitcoin transaction. The witness was introduced in the SegWit upgrade in 2017.
SegWit and the Taproot update enabled ordinal users to add 3MB of data to each block from the original constraint of 1MB per block.
The Bitcoin ordinal inscription craze took off in February when users were inscribing their NFTs to satoshis.
Bitcoin Price Up on Banking Bunkum
Bitcoin prices have climbed 4% on the day. As a result, the asset was changing hands for $28,346 at the time of writing, according to BeInCrypto.
The move may have been in response to news that another U.S. bank is in trouble. On April 25, First Republic Bank stock lost half its value following a deposit exodus.
Apr 29th, 2023 00:43:14
✅ We've started!
A lot of time has passed since the beginning of the development of our own web platform. A lot of time and money has been spent to create a simple and understandable web interface that will allow even a beginner to join the world of cryptocurrencies and start making their first profit.
Many stages of testing have been passed, many bugs have been fixed, and finally, our web platform mingo-global.org (https://mingo-global.org/ref/heatstreak) is ready for the official release!
We have created an intuitive tool that allows you to invest in cryptocurrency and get guaranteed and constant profit. Also, our marketers have developed attractive conditions for partners, allowing you to attract new users and earn even more money.
✅ We have opened!
✅ Best regards, Mingo Global (https://mingo-global.org/ref/heatstreak) team
Apr 29th, 2023 00:41:06
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