Michael van de Poppe, a renowned analyst and trader, believes cryptocurrencies are on the verge of a major rally. Van de Poppe told his 721,600 followers on social media platform X that the entire cryptocurrency market cap chart (TOTAL) is poised to break through the last resistance level of $2.66 trillion. The trader shares a chart suggesting that TOTAL is in a strong uptrend, supported by strong highs and lows. “The total market cap of cryptocurrencies is showing an incredibly bullish chart. In two to three months from now, we will hit all-time highs and never come back. It’ll be…
Author: Crypto Flexs
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Bitcoin is eyeing a massive $70,000 peak in July, and that peak is approaching as the monthly close approaches.With the BTC price expected to move turbulently in the coming days, bulls are attempting to regain lost support at key psychological levels.Will they succeed? That’s the question on everyone’s mind as Bitcoin returns to levels it hasn’t seen in nearly two months.The weekly close was not disappointing, saving the market from the “red” candle, but continued momentum is now essential. On paper, things look promising: miners are recovering, macroeconomic signals are increasingly favoring risk assets, and traders are betting that Bitcoin’s…
Crypto for Everyone: Cryptonica Installs Its 6,000th Crypto ATM – Chainwire housenewsroomCryptocurrency for Everyone: Cryptonica Installs Its 6,000th Crypto ATM We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for the legitimate…
Bitcoin Bitcoin +2.83% Blockchain explorer Mempool has launched an off-chain service that allows users to expedite unconfirmed transactions by paying additional mining fees and service fees.The service, known as Mempool Accelerator, will “verify stalled transactions by paying an out-of-band fee,” the project states. Users can find a transaction on mempool.space, select the acceleration option on the transaction page, and pay with Bitcoin via Lightning, or with fiat currency via Cash App, Apple Pay, or Google Pay without any registration process.The initial partners for the service are five: Foundry USA Pool, MARA Pool, SBICrypto, SpiderPool, and Ocean Pool, which together account…
Despite several integrations, Polkadot development activity has declined. DOT’s long/short ratio is increasing, signaling a bullish takeover. Polkadot (DOT) It’s been a tough week with bears clearly outperforming the market. Meanwhile, Polkadot Insider, a popular X handle that provides updates on the blockchain ecosystem, said: Twitter We are excited to announce some notable developments related to the DOT ecosystem. Polkadot Weekly Performance CoinMarketCap’s data Polkadot’s price has dropped 8% over the past seven days. At the time of writing, DOT was trading at $5.81 and had a market cap of over $8.3 billion, making it the 15th largest cryptocurrency. This…
Jessie A Ellis 26 Jul 2024 05:52 AssemblyAI introduces advanced PII redaction capabilities in 47 languages and adds 16 new entity types to its entity detection model, ensuring 99% accuracy. AssemblyAI has announced significant upgrades to its PII Redaction and Entity Detection capabilities, aimed at strengthening data security and extracting key insights from audio transcripts. According to AssemblyAI, the latest update adds PII Text Redaction support for 47 languages and 16 new entity types to its Entity Detection model, bringing the total to 44. Enhanced PII editing capabilities The updated PII text editor now…
The University of Wyoming (UW) has established the UW Bitcoin Institute, the first academic institution dedicated to Bitcoin research. Dr. Bradley Lettler, assistant professor of philosophy and author Money of Resistance: The Philosophical Case for Bitcoin“I have been appointed as the inaugural director,” Lettler announced on the Genesis stage at the Bitcoin 2024 conference in Nashville.The institute aims to increase the quality and impact of Bitcoin research by creating a faculty position for Bitcoin research, providing incentives and rewards for excellent academic research on Bitcoin, encouraging young scholars to pursue Bitcoin research projects, and providing workshops on relevant papers and…
Bitcoin Bitcoin +3.01% The cryptocurrency was trading near $70,000 on Monday, its highest level in six weeks after former U.S. President Donald Trump reaffirmed his support for cryptocurrencies over the weekend.According to The Block’s price page, the world’s largest cryptocurrency was trading at around $69,800 at the time of writing, up 3.32% over the past 24 hours. Ether was up 4.28%, trading at $3,350, while Solana was up 5.9% over the past 24 hours, trading at around $193.“Investor sentiment is strengthening as many politicians and economic stakeholders are now expressing positive stances on crypto,” Justin d’Anethan, head of APAC business…
Bitcoin (BTC) has recovered sharply from its weekly low, indicating positive sentiment that the dip is being bought. Market analysis firm Santiment said in a post on X that the ratio of positive to negative comments about Bitcoin has reached its highest level since March 2023.While short-term traders are focused on Bitcoin’s new all-time high, long-term investors are anticipating a hyper-bullish target for Bitcoin. Anthony Scaramucci, founder of SkyBridge Capital, said at the Bitcoin 2024 conference in Nashville, Tennessee, that Bitcoin’s market cap is likely to surpass that of gold. Bitcoin’s market cap is around $1.3 trillion, while gold’s is…
Timothy Morano 29 Jul 2024 03:10 Binance presents the ‘Word of the Day’ game, where users can improve their cryptocurrency vocabulary and earn 500,000 Binance Points. Leading cryptocurrency exchange Binance has announced the launch of a new educational game called Word of the Day (WOTD). According to Binance, the initiative aims to encourage users to expand their cryptocurrency vocabulary while giving them the opportunity to participate in a pool of 500,000 Binance Points, which can be exchanged for various rewards, including BNB token coupons and trading fee discounts. How it Works The WOTD game…