Crypto

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

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

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AMD Rates
10:30 20/09 Buy Sell
AMD / USD 386.00 388.50
AMD / EUR 409.00 416.50
AMD / RUR 3.99 4.08
dollars
dollars
CBA Rates
20/09/2023
USD / AMD
386.35
+0.21%
EUR / AMD
413.47
+0.30%
RUR / AMD
4.00
-0.01%
GBP / AMD
477.57
-1.01%
Cryptocurrencies
10:30 20/09
BTC/AMD
10,444,674
+1.12%
BTC/USD
27048.93
+1.04%
ETH/USD
1635.45
+0.11%
BCH/USD
216.18
-0.41%
XRP/USD
0.518886
+1.99%
LTC/USD
66.56
-0.82%
BNB/USD
216.30
+0.02%
DOGE/USD
0.062349
+0.18%
ETH/BTC
0.060462762
-0.91%
BCH/BTC
0.007992187
-1.42%
XRP/BTC
0.000019183
+0.94%
LTC/BTC
0.002460739
-1.83%
BNB/BTC
0.007996749
-1.00%
DOGE/BTC
0.000002305
-0.86%
CBA Metals
20/09/2023
dram / gram
Gold
24034.24
+154.59%
Silver
289.79
+1.83%
FOREX
08:36 20/09
EUR/USD
1.0678
-0.05%
GBP/USD
1.2383
+0.02%
USD/JPY
147.86
+0.06%
EUR/GBP
0.862
-0.10%
Oil
08:36 20/09
$ / barrel
Brent
93.16
-1.94%
Light Sweet
90.27
-2.38%
COMEX
08:36 20/09
$ / tr. oz
Gold
1951.30
-0.12%
Silver
23.34
-0.51%
Platinum
939.60
+0.31%
LME / 3M
08:36 20/09
$ / tonne
Aluminium
2215.50
+0.43%
Copper
8295.00
-1.11%
Nickel
19650.00
-1.31%
Tin
25850.00
-0.58%
Lead
2222.00
-0.87%
Zinc
2507.00
-0.83%
Molybdenum
58750.00
+0.00%
Cobalt
33420.00
+0.00%
Indexes
08:36 20/09
point
Dow Jones
34517.73
-0.31%
S&P 500
4443.95
-0.22%
NASDAQ
13678.19
-0.23%
FTSE
7660.20
+0.09%
CAC 40
7282.12
+0.08%
DAX
15664.48
-0.40%
RTSI
1003.35
-2.07%
Nikkei
33023.78
-0.66%
Topix
2406.00
-1.00%
Hang Seng
17885.60
-0.62%
SSEC
3108.57
-0.52%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.75
+0.00%
Lombard Repo
Lombard Repo Rate
11.25
+0.00%
Deposit
Deposit Rate
8.25
+0.00%
Macroeconomy
07/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,384.3
+0.5%
Export 1
Export
3,843.6
+62.1%
Import 1
Import
6,534.0
+63.0%
CPI
Consumer price index
+3.6
Avg. Salary 2
Average salary
262,591
+18.5%
Services 3
Volume of services
1,689.3
+14.9%
Construction 3
Volume of construction
222,479
+17.2%
1 - mln AMD, 2 - AMD, 3 - bln AMD