Key Intraday Levels for Bitcoin

The BTC/USDT pair has dropped 5.87% in the past 24 hours and is currently trading at $95,709. Bitcoin (BTC) has lost the previously identified support at $97,362, leading to a significant correction. If it rebounds, the resistance level to watch is $97,362, while the support levels are $94,703 and $93,138.

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Ethereum (ETH): The ETH/USDT pair has dropped 8.69% over the last 24 hours and is currently trading at $3,361. Resistance levels for ETH are $3,440 and $3,535, while the support levels are $3,290 and $3,217.

SPX6900 (SPX): The SPX/USDT pair has gained 0.94% in the last 24 hours and is trading at $1.44. Resistance levels are $1.453 and $1.56, while support levels are at $1.34 and, if the decline deepens, $1.24.

Helium (HNT): The HNT/USDT pair has lost 5.58% in the past 24 hours and is trading at $5.87. Resistance levels for HNT are $5.91 and $6.25, while support levels are $5.72 and $5.45.

Shiba Inu (SHIB): The SHIB/USDT pair has dropped 10.14% in the last 24 hours and is currently trading at $0.00002167. Resistance levels for SHIB are $0.00002192 and $0.00002312, while support levels are $0.00002133 and $0.00002052.

Trending Coins

The most trending coins in the crypto market over the past 24 hours include Sonic SVM (SONIC), Virtuals Protocol (VIRTUAL), and Hyperliquid (HYPE). The top gainers are Sonic SVM (SONIC), QuantixAI (QAI), and Ultima (ULTIMA), while the biggest losers are Swarms (SWARMS), Horizen (ZEN), and CHEX Token (CHEX).

Bitcoin Liquidation Map

On the 12-hour liquidation map for Bitcoin, notable liquidations are seen at $96,696 on the upside, totaling $34.48M, and at $94,818 on the downside, also with $34.48M.

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The post The Latest on Bitcoin and Cryptocurrencies: 8 January appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has lost 2.03% in value over the last 24 hours and is currently trading at $93,997. Bitcoin (BTC) has lost the previously mentioned $94,700 support level. If it starts rising again, the resistance level is $94,700. The support levels are $93,138 and $92,503, respectively.

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Ethereum (ETH): The ETH/USDT pair has lost 0.42% in the last 24 hours and is currently trading at $3,393. The resistance levels for ETH are $3,440, followed by $3,535. The support levels are $3,290 and $3,217.

Zcash (ZEC): The ZEC/USDT pair has gained 14.08% in the last 24 hours and is currently trading at $69.23. The resistance levels for ZEC are $74.61 and later $79.37. The support levels are $67.36 and, in case of a deeper decline, $63.17.

Bittensor (TAO): The TAO/USDT pair has gained 7.37% in the last 24 hours and is currently trading at $493.29. The resistance levels for TAO are $507.6, followed by $529.4. The support levels are $438.7 and, if the decline deepens, $398.8.

Cronos (CRO): The CRO/USDT pair has gained 2.49% in the last 24 hours and is currently trading at $0.1599. The resistance levels for CRO are $0.1624 and later $0.1711. The support levels are $0.1523 and, in case of a deeper decline, $0.1432.

Trending Coins

The most trending coins in the crypto market in the last 24 hours are RabBitcoin (RBTC), Pudgy Penguins (PENGU), and Koma Inu (KOMA). The top gainers include Horizen (ZEN), Supra (SUPRA), and Fartcoin (FARTCOIN). On the other hand, the biggest losers are Moca Coin (MOCA), Ethena (ENA), and Fantom (FTM).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the most notable liquidation on the upper side is at $94,885 with $23.65 million. On the lower side, a significant liquidation is at $92,973 with $20.88 million.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest on Bitcoin and Cryptocurrencies: December 24 appeared first on Coin Engineer.

Bitcoin Key Levels for the Day

The BTC/USDT pair has dropped by 7.18% in the past 24 hours and is currently trading at $94,511. Bitcoin (BTC) is hovering around the $94,700 zone we highlighted in previous analyses. If it manages to rise, the next resistance level is $97,362. The support levels are $93,138 and $92,236.

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Ethereum (ETH): The ETH/USDT pair has lost 11.59% in the last 24 hours and is now trading at $3,244. For ETH, the resistance levels are $3,440 and then $3,535, while the support levels are $3,290 and $3,217.

Binance Coin (BNB): The BNB/USDT pair dropped by 8.24% in the past 24 hours and is trading at $640. For BNB, the resistance levels are $1,238 and $1,273. On the downside, the support levels are $1,064 and $0.993 if the decline deepens.

Hyperliquid (HYPE): The HYPE/USDT pair has decreased by 8.16% in the past 24 hours and is now trading at $23.61. Resistance levels for HYPE are $26.36 and then $29.07, while support levels are $22.89 and $21.41 in case of further decline.

Bitcoin Cash (BCH): The BCH/USDT pair has plummeted by 16.72% in the last 24 hours and is currently trading at $404.63. For BCH, the resistance levels are $451.7 and $487, while the support levels are $402.5 and $386.7.

Trending Coins

Among the most trending coins in the crypto market over the past 24 hours are Akuma Inu (AKUMA), LUKSO (LYX), and Pudgy Penguins (PENGU). The top gainers include Moca Coin (MOCA), Horizen (ZEN), and Zerebro (ZEREBRO). On the other hand, the biggest losers are Convex Finance (CVX), Gigachad (GIGA), and Morpho (MORPHO).

Bitcoin Liquidation Map

Examining Bitcoin’s 12-hour liquidation map, the most notable liquidation on the upside is $50 million at the $96,404 level. On the downside, a liquidation of $21.7 million is observed at $93,722.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest on Bitcoin and Cryptocurrencies: December 20 appeared first on Coin Engineer.

Details of the Suspension

The planned network improvement takes place at 1,627,572 block height. While deposits and withdrawals will be suspended during this time, ZEN token trading on Binance won’t be impacted. Binance has reassured its customers that it will manage all technical aspects of the upgrading process.

Resumption of Services

Binance will quickly resume deposits and withdrawals on the Horizen network once the network improvement is finished and judged stable. Services should be expected to start without more announcements, therefore reflecting the return to routine activities.

User Advisory

Binance advises its users to take note of the suspension and plan their transactions accordingly. The exchange emphasizes that the suspension is a temporary measure to facilitate the network upgrade and ensure the integrity of user transactions on the Horizen network.

For more details, you can visit the official announcement page.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Temporarily Halts Horizen (ZEN) Deposits for Upgrade appeared first on Coin Engineer.

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The exchange said it took the decision to protect a healthy trading environment and respond to user feedback. It also suspended deposits of privacy tokens from December 27 and will halt withdrawals after March 5, 2024.

OKX is a leading crypto exchange with daily crypto trading volumes of over $3 billion globally. The decision reflects a trend of exchanges delisting privacy-focused altcoins. OKX stressed that it will continue to manage the listing process by implementing similar mechanisms in the future.

This move shines a light on the discussions around regulatory compliance and the future of privacy-focused altcoins in the crypto world.

The post OKX Delists Privacy-Focused Altcoins in Early 2024 appeared first on Coin Engineer.

The post The Latest Status in Cryptocurrencies! – September 25 appeared first on Coin Engineer.

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What are the purposes of Horizen (ZEN)?

Horizen is used as a decentralized payment method in the blockchain. Thus, users can purchase products or services. Horizen which aims at data integrity and security enables developers to build their blockchain because of special sidechain technology (Zendoo). Moreover, four main features that Horizen has are as below:

• Private: Horizen has been created with zk-SNARKs for high privacy.
• Security: The team guarantees that Horizen is defended against 51% of hacking because it has features such as end-to-end encryption and Consensus.
• Reliable: The project strongly supports that Horizen has the biggest and most decentralized multi-tiered node infrastructure. Thus, it is clear ZEN is reliable.
• Scalability: ZEN created by Zendoo technology is also completely customizable and interoperable with blockchain.

The founders and Partners of Horizen

Robert Viglione, the CEO of Horizen Labs, is also the founder of Zen Blockchain Foundation. Furthermore, Rolf Versluis, the former of Cisco, is the founder and advisor of Zen Blockchain Foundation.

Partners

Horizen has many partnerships with large companies. For example, some of them are Binance, BitMax, OKEx, Bitfinex, Bittrex, Huobi, and ShapeShift.

Token distribution

Horizen (ZEN) has a maximum supply of 21,000,000 tokens and the circulating supply is 13,959,375 ZEN according to data on Coinmarketcap. Also, token distribution is as below:

• Public sale: 25.00% 
• Seed Sale: 6.00% 
• Private Sale: 15.00% 
• Team: 5.00% 
• Advisors: 2.00% 
• Ecosystem Development: 33.00% 
• Community Growth: 10.00% 

Roadmap

The team Horizen has many plans to be done in 2023 according to Roadmap. These are:

• Make security higher
• Develop protocol utility and durability
• Increase product usage
• Expand project awareness
• Increase market liquidity/access points 

Which exchanges we can buy ZEN?

ZEN token is current on Binance, Coinbase, Kucoin, and Gate.io. Also, you can buy it from those exchanges If you want.

You can type your opinions in the comments. Follow us on Telegram and YouTube for this kind of news.

The post What is Horizen (ZEN)? How can we buy it? appeared first on Coin Engineer.