Key Date for XRP Holders Revealed, Shiba Inu Sees Mini-Golden Cross, $80 Billion in Ethereum in 24 Hours — Crypto News Digest

Gemini is launching a card with XRP topic

Crypto exchange Gemini released A reward card for the topic of XRP 19. August

• Other rewards. Starting is watching Gemini’s earlier “other era” rewards XRP rewards

According to its Thursday post on social media, the main American cryptocurrency exchange Gemini seems to be on the track to issue a card on the topic of XRP.

The exchange placed a billboard in a busy commercial area in Manhattan to promote a new product to be released on August 19. According to U.Today, Gemini recently teased the “other era” of the XRP reward before Thursday’s unveiling.

• Community reaction. Bitcoins focus users criticized Gemini for XRP promotion

This means that the latest announcement attracted from Bitcoin users focused on the stock exchange who killed the exchange for the activity of advertising token they consider centralized.

Some XRP holders also asked whether the launch of the product (and a billboard in the busy neighborhood on Manhattan) will have any impact on the price of the tied ripple token that is looking for more steam from later.

Shiba Inu shows mini-Golden Cross despite a fall in prices

Shiba inu has a chance to recover around these levels.

• Technical settings. A mini-Golden cross is created on Shib’s daily chart.

Although Shiba Inu is still decreasing, it displays a settings that could bring realistic revenues. The daily chart seems to form a mini-Golden cross. In this variant, the 50 -day EMA crosses over 100 days of EMA, unlike the classic golden cross, where the 50 -day EMA exceeds the 200 -day EMA.

• Price. The Shib is traded nearly $ 0.0000124 and retreats after resistance failure for 0.000013 – 0.000014.

In the more general bear periods, it still signals improvement in the short -term media term, although it is a historically weaker bull signal. The upcoming SHIBA INTU SHIB obstacles slipped back after fought against the resistance level in the range of $ 0.000013-0,000014 and currently almost 0.0000124 is traded.

Although the price is still stuck down in the channel and the buyers are under the pressure of the lower maximum, the EMA crossover suggests that the bull forces are still present. This discrepancy between the supportive sliding average and Bearish Price Action represents both the opportunity and uncertainty.

Ethereum trading volume explodes because of derivatives

24 -hour data Ethereum show the tendency of stunning mind.

• Market activity. ETH has seen $ 80 billion in a 24 -hour volume – rarely level.

With the volume of trading with more than $ 80 billion per Ethereum day, it shows that stunning activity would not expect. This increase in activity is accompanied by $ 291,600,000,000 in the open interest in ETH derivatives, showing that the derivative market absolutely dominates.

More than $ 10,080,000,000 in the open interest of ETH is counted only by Binance, indicating that the whales will still be actively located. Despite the small decline in permanent contracts, the open interest of futures by +1.42%increased in the last day, indicating a diverse sentiment, but a consistent determination of the ETH exhibition.

• Price action. ETH was hard to bounce almost $ 4,280 after being pulled out of $ 4,800.

The Ethereum strengthened the buyer’s strong interest rate by rapidly reflecting nearly $ 4,280 after he recently withdrew from the region $ 4,800. Although it is a sharp correction, the pattern of a healthy uptrend is suitable, in which the Vyhradnice are absorbed before the rise of new legs.

Technically, the range is $ 4,500-4,800, where the most resistance is focused. Another wave of speculative tide could be caused by escaping over this scope, which would lead to a psychological milestone $ 5,000.