Buckle up. We’re on our way to the biggest slot wins of 2024. The reels spin, the cash flows, and someone’s luck is so outrageous it may have violated the laws of physics. From jungle mayhem to ancient gods, even just a few wins will make you wonder if players have sold their souls to a very passionate slots-loving devil. These games brought chaos, drama and jaw-dropping jackpots. So grab your lucky rabbit’s foot (or the whole damn rabbit) and take the plunge. These wins may make you want to cash out your 401(k) and bask in the glory. Or…
Author: Crypto Flexs
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Bitcoin vs. Altcoins — A battle of volume and price. While Bitcoin dominates this space, altcoin indices have been volatile. As the holiday season approaches, the cryptocurrency market is alive with the battle for supremacy between Bitcoin (BTC) and altcoins. Historically, this period has been marked by unique market dynamics, with Bitcoin often perceived as a stable choice, while altcoins serve risk-taking traders seeking high returns. The analysis reveals the complex interplay between these two sectors, providing insight into which sectors could be the winners of the holiday season. Bitcoin: Steady performance despite market fluctuations Bitcoin has shown resilience this…
The global adoption trend for Bitcoin-related investment products continues to strengthen with the launch of six new mutual funds in Israel. According to a report by Calcalist on Wednesday, December 25, the Israeli Securities Authority has given approval for six mutual funds that will track the price of Bitcoin (BTC). ISA’s approval of the fund last week paved the way for its debut on December 31, the report said. According to a report by Cacalist, the ISA expects all six funds – Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI – to be active simultaneously. Simultaneous launch is…
Inspired by positive regulatory developments in major jurisdictions around the world, including Europe, Turkey introduced new cryptocurrency regulations in the last week of 2024.Under the new regime, users executing transactions worth more than 15,000 Turkish lira ($425) will have to share their identifying information with the country’s cryptocurrency service providers, according to a December 25 document published by the Official Gazette of the Republic of Turkey.New anti-money laundering (AML) regulations aim to prevent illicit money laundering and terrorist financing through cryptocurrency transactions.New cryptocurrency regulations. Source: Official Gazette of the Republic of TürkiyeCryptocurrency service providers are not required to collect information…
Crypto was dumb in 2024—like, really dumb. This year’s meme coin supercycle spawned the most bizarre characters the industry has ever seen, which is saying a lot, and conferences had us cringing weekly, all while politicians begged on their knees for the crypto vote (or at least its money).And with this, we’ve enjoyed some of the dumbest moments ever inscribed on the perfectly distributed, immutable, uncensorable Blockchain of Life. From a meme coin developer setting himself on fire to promote his meme coin (#6, below) to FARTCOIN itself piercing a billion-dollar market cap (a late breaker that we didn’t even…
A top cryptocurrency strategist believes the digital asset market is positioned to remain strong even with Bitcoin (BTC) trading below $100,000. Household analyst The Flow Horse told his 251,400 followers on social media platform X that he believes the door is open for Bitcoin and altcoins to surge. “The window of opportunity is between now and the second week of January.” The analyst’s forecast stems from the belief that traders believe the incoming administration of President Donald Trump will be incredibly bullish on cryptocurrencies. Trump has signaled that the U.S. government’s anti-cryptocurrency agenda will end under his administration, and has…
Mexicoa leading global cryptocurrency exchange, today announced that it has added support for 17 languages to its website, including Dutch, Bulgarian, Czech, Danish, Greek, Hungarian, and Indonesian. This initiative further strengthens MEXC’s localized services, providing a seamless and enhanced trading experience for cryptocurrency investors around the world. The new language is now available on MEXC’s official website, with app integration coming soon. With this latest language update, MEXC now supports a total of 34 languages. This reflects the platform’s commitment to global growth, as well as its commitment to cultural diversity and inclusion. This strategic expansion will impact several key…
Whale accumulation highlighted a potential breakout as LINK battled key resistance levels. Declining foreign exchange reserves and increased trading have created bullish conditions. Chainlink (LINK) 30 newly created wallets gained attention after withdrawing 1.37 million LINK worth $34.1 million from Binance in just 5 days. This accumulation coincided with a 4.01% price increase, pushing LINK up to $24.93 at press time. According to Lookonchain by X (formerly Twitter): “Suspicious $LINK accumulation detected! In the last 5 days, 30 newly created wallets withdrew 1.37 million $LINK ($34.1 million) from #Binance.” This whale activity often fuels speculation about a potential breakout, leaving…
BlackRock’s Bitcoin exchange-traded fund (ETF) experienced its largest single-day outflow ever, with the Bitcoin fund experiencing total outflows of more than $1.5 billion for four consecutive trading days.BlackRock’s iShares Bitcoin Trust ETF (IBIT) recorded outflows of $188.7 million on Dec. 24, surpassing the previous record of $72.7 million set on Dec. 20, per CoinGlass data.All 12 U.S.-based spot Bitcoin (BTC) ETFs recorded total outflows of $338.4 million on Christmas Eve. Since December 19, these funds have recorded a joint net outflow of $1.52 billion.Historical IBIT flow data shows rare outflow days for the fund. source: Coin GlassEthereum ETF inflows continueFidelity…
Cardano (ADA) is seeing increasing bearish momentum as the price approaches the important support level at $0.8119. This potential retest marks a pivotal moment for the cryptocurrency as market conditions turn unfavorable. The recent decline in prices coupled with negative signals from key technical indicators has heightened concerns about further downside risks. The Relative Strength Index (RSI) and other indicators suggest that selling pressure is increasing, so ADA’s ability to stay above this key level will be important. A breach below $0.8119 could result in more losses and potentially take ADA into uncharted bearish territory. However, defending these support levels…