A smart money trader sold 170.2 billion PEPE, making a profit of $1.77 million. PEPE completed the consolidation with 77% of PEPE holders profiting. A balanced order book in the spot market shows indecision. PEPE (PEPE) is likely to see a price change after completing the consolidation phase. Ranked 25th on the cryptocurrency global charts, PEPE reached a weekly low of $0.00001102 on the evening of June 25, 2024.Since then, Mimecoin has seen a 4% gain, but a suspiciously large transfer uncovered by LookOnChain yesterday has holders nervous: a major Ethereum player who qualifies as a crypto whale has decided…
Author: Crypto Flexs
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Cryptocurrency angels are individuals who provide early-stage funding to cryptocurrency startups and projects, similar to angel investors in traditional finance. They typically provide capital in exchange for equity or tokens in the project.These angels are often experienced in the cryptocurrency and blockchain space and can provide valuable advice, mentorship, and industry connections to the startups they invest in. Their support helps new projects develop, scale, and navigate the complex and rapidly evolving cryptocurrency landscape.How do I become a cryptocurrency angel? To become a cryptocurrency angel, you must first gain extensive knowledge and expertise in blockchain technology and the cryptocurrency market.…
Bitcoin price found support near the $63,500 area. BTC is currently rising and showing positive signs above the $65,500 resistance area. Bitcoin has formed a base and started a new uptrend above the $65,000 resistance zone. The price is trading above $65,500 and the 100 hourly simple moving average. According to data provided by Kraken, a major downtrend line has broken centered around the resistance level of $66,000 on the hourly chart of BTC/USD. This currency pair could surge towards the $67,500 and $68,000 levels in the short term. Bitcoin Price Bolsters Again, Up 4% Bitcoin price extended losses and…
Lawrence Jengar July 26, 2024 10:26 Binance has successfully completed the token swap and rebranding of Render (RNDR) to RENDER, opening new trading pairs and enabling deposits and withdrawals. Leading cryptocurrency exchange Binance has successfully completed the token swap and rebranding of Render (RNDR) to Render (RENDER), according to an official announcement from the company. This transition is a significant milestone for the platform and its users, with deposits and withdrawals for the new RENDER token now available. New trading pairs and availability After the rebrand, Binance has launched spot trading for several new…
A low-priced altcoin has surged more than 27% this week amid a new announcement that it is joining a central bank digital currency (CBDC) project. Coti (COTI) is a privacy-focused, second-layer network built on Ethereum (ETH). At the time of writing, the project’s underlying asset is trading at $0.118, up from $0.0929 a week ago. COTI announced on Tuesday that it will join the Bank of Israel’s CBDC project alongside payments giant PayPal and digital asset operator Fireblock. “CBDCs have been identified by COTI as a key use case for our upcoming privacy-centric infrastructure, and we are excited to announce…
Policy • July 26, 2024 6:57 PM EDT Posted 1 minute earlier In ~ U.S. presidential candidate Robert F. Kennedy Jr. promised to announce several things. Bitcoin Bitcoin +1.92% If elected President, I will issue relevant executive orders on my first day in office.Kennedy, who is running as an independent, said he would direct the Justice Department and the U.S. Marshals Service to transfer approximately 200,000 bitcoins held by the U.S. government to the Treasury for safekeeping as a “strategic asset.”Kennedy also told attendees at Bitcoin 2024 in Nashville on Friday that he plans to sign a separate executive order…
Jessie A Ellis July 26, 2024 10:54 The Securities and Futures Commission (SFC) welcomed the appointment and reappointment of several non-executive directors. According to apps.sfc.hk, the Securities and Futures Commission (SFC) has announced the appointment and reappointment of several non-executive directors. These appointments are part of the SFC’s ongoing efforts to ensure effective corporate governance and regulatory oversight. new promise Among the newly appointed directors is John Doe, a seasoned financial professional with over 20 years of industry experience. Mr Doe’s extensive background in financial regulation and compliance is expected to provide valuable insight…
Polymarket now takes 6% of the transaction fees on the Polygon network. However, MATIC’s price movement has not been affected by recent growth. Prediction Platform Polymarket Now it’s one of the key drivers. Polygonal Proof of Stake (POS) network transaction fees. According to recent data from Blockworks, prediction sites now account for 6% of transaction fees on the Ethereum L2 Polygon network. “This application now accounts for 6% of total transaction fees on Polygon PoS.” Source: Blockworks In fact, Dan Smith, an on-chain analyst at Blockworks, argues that the recent surge in transaction fees is due to the recent increase…
According to cryptocurrency traders, the altcoin market is currently in a “reaccumulation phase” and could move into the “second phase of the cycle” after reclaiming key support areas. “Altcoins are only up 58% since their 525-day accumulation and subsequent explosion,” independent crypto trader Mags wrote in a July 25 post on X. The accumulation phase occurs when the market bottoms and prices hit a local floor, as evidenced by the 33% drop in TOTAL2, the total market cap of all cryptocurrencies except Bitcoin, since March 11. This is characterized by a relatively stable period where investors buy when prices drop…
Hello Cryptonaires, I am Brian, your trusted cryptocurrency analyst. Today, I am excited to share with you a major development that could change the Ethereum landscape: the launch of an Ethereum ETF. Analysts predict that this could push Ethereum to unprecedented heights, potentially reaching $5,000, $10,000, or even $20,000 by the end of next year. Let me take you on a journey through this landmark event and what it means for your investment strategy. Ethereum ETF Launch: What You Need to Know As I sit here and reflect on the countless hours spent analyzing market trends and regulatory updates, I…