Crypto

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December, 2022
December 2022
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Bybit: Major Crypto Erase Gains; Robinhood Debuts Web3 Wallet Beta With Polygon
28/09/2022 20:18 0.1K

Bybit: Major Crypto Erase Gains; Robinhood Debuts Web3 Wallet Beta With Polygon

Chart of the Day 

The broader crypto market tumbled despite a promising outlook at the start of the week. BTC erased its Tuesday gains in the early hours of Wednesday (Asian trading hours). As of the time of writing, the largest cryptocurrency by market cap is consolidating losses below the $19k level after shedding 4.1% of its market value in the last 24 hours. On the upside, BTC is facing resistance near the 100-hour simple moving average and the $19k to $19.2k zone. A close above this zone will likely relieve bearish pressure and kickstart a decent increase. However, there is still a chance that BTC will move down to revisit the support level near the $18.2k region. The overall performance of safe-haven and risk assets has been abysmal in the face of hawkish rate hikes to combat scorching inflation. However, the CryptoCompare 100 Index, a gauge of the performance of the 100 largest digital assets, is among the few that show positive figures since the end of June, according to Bloomberg. Bybit blog reports.

Similarly, ETH is back to trading in the lower bound of the $1,300 region after plummeting by 4.3% in the same period. The second-largest cryptocurrency by market cap will likely extend its decline towards support levels near the $1,200 to $1,220 zone, should it fail to establish a firm foothold above the $1,325 level. Mid-to-large-cap altcoins are submerged in a sea of red, with the exception of UNI and LINK, which defied the broad-based bearish pressure with a 3% increase in a similar time frame.

Talk of the Town 

Bybit: Major Crypto Erase Gains; Robinhood Debuts Web3 Wallet Beta With Polygon 1

Popular trading platform, Robinhood, has launched the beta for its web3 wallet for 10,000 iOS users who have signed up for the waitlist. The web3 wallet stands out from the crowd by offering seamless access to the decentralized web, and letting users trade cryptocurrencies without any fees. The latest version works exclusively with the Polygon blockchain instead of Ethereum. Users can purchase MATIC tokens on Robinhood’s main exchange app, and will also be able to access dApps directly on the Polygon network. This includes DeFi apps such as Uniswap and Balancer, as well as metaverse games such as Decentraland. Over time, the Robinhood team will roll out a multichain support for the wallet beyond the Polygon ecosystem.

Crypto & blockchain articles are created with the support of ByBit – leading crypto platform.

Bybit

Ucom - high speed internet connection starting at AMD 6,500
AMD Rates
10:30 08/12 Buy Sell
AMD / USD 393.00 397.00
AMD / EUR 408.00 418.00
AMD / RUR 6.20 6.40
dollars
dollars
CBA Rates
08/12/2022
USD / AMD
395.15
-0.57%
EUR / AMD
415.38
-0.05%
RUR / AMD
6.32
+0.03%
GBP / AMD
481.02
-0.69%
Cryptocurrencies
10:30 08/12
BTC/AMD
6,653,379
-1.06%
BTC/USD
16813.35
-1.09%
ETH/USD
1228.68
-2.36%
BCH/USD
108.83
-2.72%
XRP/USD
0.387917
+0.04%
LTC/USD
75.00
-6.06%
BNB/USD
283.51
-1.74%
DOGE/USD
0.096006
-4.31%
ETH/BTC
0.07308374
-1.27%
BCH/BTC
0.00647346
-1.63%
XRP/BTC
0.000023074
+1.15%
LTC/BTC
0.004461003
-5.01%
BNB/BTC
0.016863497
-0.64%
DOGE/BTC
0.000005711
-3.24%
CBA Metals
08/12/2022
dram / gram
Gold
22641.72
+74.21%
Silver
284.39
-2.38%
FOREX
08:47 08/12
EUR/USD
1.0496
+0.32%
GBP/USD
1.2189
+0.46%
USD/JPY
137.03
-0.10%
EUR/GBP
0.8608
-0.15%
Oil
08:47 08/12
$ / barrel
Brent
77.90
-2.04%
Light Sweet
72.80
-2.02%
COMEX
08:47 08/12
$ / tr. oz
Gold
1795.90
+0.61%
Silver
22.82
+1.65%
Platinum
1014.10
+1.45%
LME / 3M
08:47 08/12
$ / tonne
Aluminium
2485.50
-0.92%
Copper
8456.50
+0.42%
Nickel
31441.00
+7.41%
Tin
24306.00
-2.05%
Lead
2212.00
-0.38%
Zinc
3183.00
+0.86%
Molybdenum
45679.73
+0.00%
Cobalt
51955.00
+0.00%
Indexes
08:47 08/12
point
Dow Jones
33597.92
+0.00%
S&P 500
3933.92
-0.19%
NASDAQ
10958.55
-0.51%
FTSE
7489.19
-0.43%
CAC 40
6660.59
-0.41%
DAX
14261.19
-0.57%
RTSI
1098.93
+0.17%
Nikkei
27574.43
-0.40%
Topix
1941.50
-0.35%
Hang Seng
19450.23
+3.38%
SSEC
3197.35
-0.07%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.25
+0.00%
Lombard Repo
Lombard Repo Rate
10.75
+0.00%
Deposit
Deposit Rate
7.75
+0.00%
Macroeconomy
10/2022
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
2,128.5
+9.9%
Export 1
Export
4,129.4
+71.2%
Import 1
Import
6,755.8
+63.5%
CPI
Consumer price index
+8.70
Avg. Salary 2
Average salary
226,621
+14.0%
Services 3
Volume of services
2,074.3
+27.90%
Construction 3
Volume of construction
360,764
+14.4%
1 - mln AMD, 2 - AMD, 3 - bln AMD