On Monday, October 4th, Facebook, the most popular social network globally, went down. The outage continued for hours, and millions of users remained without access to the Facebook services.Source: TwitterThe crypto community took advantage of Facebook\u2019s weakness and praised Bitcoin by underlining that Bitcoin is never down:Source: TwitterA cryptocurrency enthusiast with the handle @de_school on Twitter highlighted that the decentralized Bitcoin network is more reliable and works better than the networks of the current tech giants such as Amazon, Facebook, Google, etc.:Source: TwitterBusta Rhymes, a famous American rapper and record producer, voiced his view that the cryptocurrency community needs an alternative to Facebook, namely, a blockchain-based decentralized social media platform:Source: TwitterThe famous American singer received an immediate answer from the developers of HIVE Blockchain. They clarified that a decentralized alternative to Facebook already exists. It has over 2 million users and runs on the blockchain of HIVE:Source: TwitterAnother intriguing event that took place last week was the statement of Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, that the SEC has no plans to ban cryptocurrencies:Source: TwitterGensler\u2019s announcement supported the crypto market, and the prices of the leading cryptocurrencies such as Bitcoin, Ethereum, etc., have started to increase.After another positive week for most major cryptocurrencies, the Monday market starts with mixed price dynamics. According to Coin360.com, one Bitcoin costs \u20ac48,969.53 (+2.02%), one Ethereum \u2014 \u20ac3,040.60 (-1.69%), one DOGE \u2014 \u20ac0.2008 (-3.88%), and one UNI \u2014 \u20ac21.12 (-4.88%):Source: TwitterNow, let us analyze the price charts of the leading cryptocurrencies against the euro in the most noteworthy time frames.BTC\/EURIn the 4-hour chart (4H), BTC\/EUR has already clearly exited the Bullish Flag (common trend continuation pattern) and has resumed the uptrend:To figure out the potential price targets, we will use the height of the flag pole and the Fibonacci retracement levels.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
On Monday, October 4th, Facebook, the most popular social network globally, went down. The outage continued for hours, and millions of users remained without access to [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/5503"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=5503"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/5503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=5503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=5503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=5503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}