BITCOIN

Stripe is the most recent firm to be highlighted in our ‘Latest Mint’ section, FTX is spending a few dollars in partnerships that span beyond sport, and we’re back with more affirmations that you should probably be zooming out. It’s all in a day’s work here at the Nightly Mint. Let’s dive into some of the biggest stories surrounding NFTs from the past 24 hours. The Nightly Mint Latest Mint: Stripe’s Support Of NFTs Stripe co-founder John Collison tweeted today that the financial services firm would now be supporting businesses around “exchanges, on-ramps, wallets, and NFT marketplaces.” What does that fully entail? Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and identity verification, fraud prevention, and lots more. https://t.co/3X173SkdPd — John Collison (@collision) March 10, 2022 Full scope is still to be determined, even as it applies in the short-term, but it looks like NFTs could see substantial

Ethereum extended decline below the $2,600 support zone against the US Dollar. ETH price could even retest $2,445, where the bulls might appear. Ethereum remained in a bearish zone below the $2,650 support. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline if it fails to stay above $2,500 and $2,445. Ethereum Price Turns Red Ethereum started a fresh decline from well above $2,700. ETH traded below the $2,650 and $2,600 support levels to move into the red zone. There was also a close below the $2,600 level and the 100 hourly simple moving average. Ether price traded as low as $2,525 and is currently consolidating losses. An immediate resistance on the upside is near the $2,585 level. It is near the 23.6% Fib retracement level of the recent decline from the $2,775 swing high to $2,525 low. The fir

Bitcoin gained bearish momentum below $40,000 against the US Dollar. BTC is at risk of more downsides towards the $37,200 and $36,600 levels. Bitcoin started another decline below the $40,000 and $39,000 levels. The price is trading below $39,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $39,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down unless the bulls able to push the price above $39,550. Bitcoin Price Extends Decline Bitcoin price struggled to stay above the $40,000 support zone. As a result, BTC extended decline below the $39,550 support zone and the 100 hourly simple moving average. The price traded below the 61.8% Fib retracement level of the main increase from the $37,160 swing low to $42,550 swing high. It is now showing a few bearish signs below the $39,200 and $39,000 support levels. Bitcoin is also testing the 76.4% Fib retracement level of the