IMX Partners with AWS
Immutable announced a partnership with Amazon Web Services (AWS). This partnership could offer the possibility to combine Immutable’s Ethereum scaling solutions with the traditional gaming world. As part of the partnership, Immutable will participate in Amazon’s ISV Accelerator Program. This program will provide Immutable with access to Amazon’s game studios, a $100K AWS Cloud credit and other privileges.
QNT Becomes a Competitor to Ripple
Quant (QNT) is positioning itself as a key competitor to Ripple by offering a blockchain solution designed specifically for the financial sector. Introduced as “Overledger Authorize”, this technology addresses a major concern faced by banks: Securing blockchain-based transactions.
Zimbabwe Issues Gold-Backed Digital Token
The Reserve Bank of Zimbabwe (RBZ) has officially launched the Zimbabwe Gold (ZiG) digital token with physical gold reserves backed as a solution to the country’s currency instability and rising inflation issues. ZiG attracts investors by offering a stable and versatile investment option.
Sam Altman Says US Government Waging War on Crypto
Worldcoin founder Sam Altman pointed to the US government’s increasing efforts to control cryptocurrencies, suggesting that these actions are tantamount to declaring “war” against the industry. Bitcoin, a global currency outside of government control, is “a logical and important step in the technology tree,” Altman added.
South Cyprus to Tighten Crypto Regulations
South Cyprus, one of the European countries with a friendly approach to cryptocurrencies, may bring sector regulations to stricter standards. According to a Cyprus Mail report dated October 10, the local Ministry of Finance intends to amend the existing Anti-Abuse and Anti-Money Laundering Law.
Upbit Prevented 159,000 Hack Attacks in the First Half of 2023
Upbit, South Korea’s leading cryptocurrency exchange, faced 159,061 cyberattack attempts in the first half of 2023. This represents a significant increase compared to previous years. According to data provided by Upbit owner Dunamu, there has been a 117% increase in attempted cyberattacks since the first half of 2022 and an incredible 1,800% increase compared to the same period in 2020.
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BITCOIN (BTC)
Bitcoin is priced at $ 27,118 with a 1% loss in value as of today morning hours. It lost the 2.7500 level after a voluminous selling pressure in the overnight hours. If the support between 27,000 and 27,300 works, we can see pricing above 27,500 again. In pricing below 27,000, our first support stands at 26,500.
ETHEREUM (ETH)
ETH, which lost 0.56% as of morning hours, is priced at $ 1559. After losing the 1570 level in the morning, it seems to have found support around 1550 dollars. If it loses this support, we can see $ 1520 levels. In case of a break above 1570, we can see the $ 1600 level again.
RIPPLE (XRP)
XRP is priced at $0.4894 with a 1.43% loss in value as of morning hours. After the loss of $0.50, $0.49 seems to have been lost as well. 0.4883 seems to be an effective support for now. A loss of this level could take us to 0.4745. With the regain of 0.50 dollars, we can see 0.51s and then 0.53s again.
AVALANCHE (AVAX)
AVAX is priced at $ 9.32 with a 2.31% loss in value as of morning hours. After the end of the Stars Arena hype, we are now below the $9.5 level. Although our first support seems to be the $9.2 level, we see quite voluminous sales. The $9 level could work better as it is both main support and psychological support. At a pricing above $ 9.4, we can see around $ 9.80 again.
SOLANA (LEFT)
SOL is priced at $ 22.31 with a 0.9% gain as of morning hours. SOL, which continues its horizontal movement at the $ 22 support level we mentioned earlier, seems to be holding around here. In upward movements, 22.60 and 23 dollar levels should be monitored. At the same time, since the falling trend line passes through the $ 23 level, it is possible to interpret this level as critical. It is possible to follow 21.20 and then 20.40 as the support level.
CHAINLINK (LINK)
As of morning hours, LINK is pricing at 7.192 with a 0.96% loss in value. LINK, which broke down the $ 7.30 level, which we mentioned as the support level, fell close to 1%. On the 4-hour chart, it seems possible that we could see a downward movement with a break of the uptrend. The first support level of $6.95 will be important for LINK. In the upward movements, the first level we will follow will be 7.30 dollars and if the breakthrough comes, 7.70 dollars can be followed.
MATIC
MATIC is pricing at 0.5148 with a loss of 0.54% as of morning hours. Continuing its downward movement, MATIC broke the 0.5260 support level yesterday and fell to 0.5100 levels. The first level that seems likely to receive a reaction is the support level at $0.5030. If it holds here, there is a possibility of a move upwards again. If that move comes, the level to be followed as resistance will be 0.5260 dollars. In the continuation of the decline, 0.4960 seems to be the critical level for MATIC.
