BlackRock recently released an educational video explaining Bitcoin, which I thought was great. It’s amazing to see Bitcoin being discussed on such a large platform. But of course, Bitcoin Natural News’ HealthRnager argued that “Bitcoin has become so centralized that the wrong people now control most of its algorithms. They are telling us in advance what they plan to do.”Now let me be clear: this is complete nonsense. The controversy is overblown and the idea that BlackRock will change the supply of Bitcoin is ridiculous. While the statements in the video are technically true, they are only legal disclaimers. This…
Author: Crypto Flexs
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HighlightsHaliey Welch’s $HAWK coin plummeted from a market cap of $500 million to $25 million, a dramatic 95% loss in value.The lawsuit involves OverHere Ltd., Clinton So and Alex Larson Schultz. Welch assumes responsibility but is not a defendant.Welch has ended his silence and promised legal cooperation and a solution, but investor confidence remains deeply shaken. Hawk Tuah Girl, Haliey Welch has finally broken her silence following the dramatic collapse of cryptocurrency $HAWK. The influencer, known for South’s viral and meteoric rise to fame, publicly addressed the fallout two weeks after leaving social media. Earlier this month, Welch launched $HAWK,…
The cryptocurrency market is buzzing with excitement as Litecoin (LTC) achieves another milestone. Hash rate has reached an all-time high. These developments have sparked renewed interest in Litecoin, with miners and investors alike eagerly watching Litecoin’s next move. But what does this mean for LTC prices, and how can investors strategically navigate this opportunity?Understanding the importance of hashrateFor those unfamiliar, a blockchain’s hash rate represents the total computing power used to process transactions and secure the network. If LTC’s hash rate rises to unprecedented levels, this signals strong trust from miners and highlights the health of the network.Here’s why this…
On December 4, the Altcoin Season Index hit 88, suggesting that non-Bitcoin cryptocurrencies may outperform the leading coin. However, altcoin season chances may have taken a huge hit. Nonetheless, it looks like the much-anticipated season will still return. Here are three indicators that suggest many of the top 50 cryptocurrencies could soon see notable gains. Alts are pushed down again. Altcoin season refers to a period when altcoins outperform Bitcoin in terms of market capitalization growth. The Altcoin Season Index measures these trends to determine whether 75% of the top 50 cryptocurrencies are outperforming Bitcoin. Typically, an index value above…
Veteran trader Peter Brandt is warning that bearish signals are flashing for Bitcoin and that BTC could be headed much lower. Brandt told his 763,600 followers on social media platform “Hey trolls, this is not a prediction. Always point to possibilities, not probabilities or certainties. No screenshots required. The BTC right-angled expanding triangle could be projected back to $70,000 to test its parabolic form.” Source: Peter Brandt/X Looking at the trader’s chart, he seems to be predicting that BTC could fall to $76,614 if it breaks support at around $90,000. Bitcoin is trading at $97,201 at the time of writing…
BONK’s RSI and OBV have shown strong declines over the past month. A rebound to $0.00004 is likely, but whether the market structure can turn bullish will depend on capital inflows. BONK fell 59% in the 30 days from November 20th to December 20th. This steady downward trend has seen significant selling on certain dates, such as December 9, when Bitcoin (BTC) was rejected from the $100,000 level. Since then, memecoin has struggled to maintain key support levels. In fact, the recent BTC correction has moved BONK to another important support level at $0.0000265. BONK bulls attempt to extend $0.0000338…
that Protocol Security Research Team And the Ethereum Foundation’s Ecosystem Funding Initiative ETH Rangers A program that helps encourage public good security work for the Ethereum ecosystem. Public goods security work ETH Rangers provides a stipend to support individuals who dedicate their time to public good security efforts within the Ethereum ecosystem. Over six months, participants will each receive $25,000 USD. What types of work are considered public good security work? Public goods security work includes efforts to strengthen the security and resilience of the Ethereum ecosystem. This may include activities such as conducting vulnerability research, creating training materials, pro…
The entire cryptocurrency industry faces the threat of debanking under Operation Chokepoint 2.0. Jason Lau, chief innovation officer at cryptocurrency exchange and self-custodial wallet provider OKX, told Cointelegraph that fostering relationships with banks and keyholders is a hedge against debanking.Lau said the traditional financial world is heavily based on trust, and building relationships with banking institutions, financial regulators and other stakeholders is key to maintaining strong partnerships. Lau told Cointelegraph in an interview:“We need to invest time building relationships with all stakeholders, including regulators and banking partners. We have been working with our partners and stakeholders for many years to…
Spacecoin Daniel Bar, co-founder of Spacecoin The satellite was launched as part of the SpaceX Falcon Heavy, which launched at 3:34 a.m. local time from California on December 21.Bar said the Spacecoin satellite will be the first of many future satellites to be launched in the coming months. He said Spacecoin plans to launch a “constellation” of seven to 10 additional satellites in 2025, which would be enough to bring the Spacecoin mainnet online. The Spacecoin satellite itself consists of two small devices that Bar calls “crypto engines.” Each device is roughly the size of a desktop hard drive and…
A widely respected cryptocurrency analyst has issued a new warning for the digital asset market at the end of the year. An anonymous analyst known as Altcoin Sherpa told his 234,800 followers on social media platform However, based on historical precedent, analysts predict the market could rebound in January. “We’ll probably have one more flush before the end of the year. But keep an eye on your winnings and manage volatility. January is historically a good month for cryptocurrencies. In my opinion, it’s better to sell the bags you don’t like for cash, save up the money, and deploy it…