Author: Crypto Flexs

Ethereum price extended its uptrend above the $3,120 resistance level. ETH may soon move above the $3,200 resistance level. Ethereum is slowly rising above the $3,080 level. The price is trading above $3,080 and the 100 hourly simple moving average. According to data provided by Kraken, the ETH/USD hourly chart shows a support line forming at $3,070, forming an uptrend line. A close above the $3,200 resistance zone could see the pair continue its upward trend. Ethereum price is better than Bitcoin Ethereum price extended the recovery wave above the $3,050 resistance zone. ETH also rose above the $3,150 resistance…

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According to an official statement from Binance, as part of an important measure to strengthen the security of corporate accounts, Binance has announced the launch of multi-validator withdrawal verification for all corporate accounts that have successfully completed Know Your Bank (KYB) verification. Enhanced security measures The new feature is designed to provide an additional layer of protection against unauthorized transactions. Multi-verifier verification requires multiple approvers to verify all withdrawal requests within a specified time period, preventing one person from executing an unauthorized withdrawal. This enhancement is especially important for enterprise accounts that require complex roles…

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The celebrity meme coin cycle is still ongoing. Rapper Doja Cat’s name is one that’s been caught up in this latest frenzy. Solana’s WATER Memecoin has gained attention with the support of famous soccer stars. The cryptocurrency industry is often swept up in new trends, and few are as controversial as the celebrity memecoin cycle. This trend often features pump-and-dump schemes by celebrities who use their influence to promote projects. Less than two months later, the process has picked up speed again, with multiple figures aggressively promoting new projects. As the frenzy begins to cool, another socialite is caught up…

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A decade after Ethereum’s initial coin offering, which raised $18.5 million in Bitcoin by selling roughly 60 million Ether, debates about whether different forms of manipulation tactics were involved still swirl in social media. One theory questions whether the Ethereum founders double-spent investors’ funds to artificially inflate the success of the ICO while allowing them to close the sale with a larger share of Ether under their control. Magazine conducted a joint investigation with Canada-based blockchain forensics experts at Gray Wolf Analytics to determine whether the ICO included double-spending of Bitcoin, an activity deemed fraudulent by the presale’s terms and…

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index BlockDAG, a leader in innovation in the crypto space, is making waves in the crypto space with its groundbreaking technology and strategic pre-sale efforts. The pre-sale launched in late December 2023 successfully raised $57.4 million, demonstrating strong investor confidence.In this article, we will look at the key components of BlockDAG, namely, the ongoing pre-sale, investment method, expected future price, fundraising target, and potential valuation through 2025. By understanding these aspects, potential investors will be equipped with the knowledge to confidently participate in this promising endeavor.1. Is BlockDAG currently conducting a pre-sale?In fact, BlockDAG’s presale began in late December 2023,…

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According to on-chain data, crypto whales are accumulating massive amounts of Uniswap (UNI) and Aave (AAVE). Blockchain tracking firm Lookonchain reported that a deep-pocketed investor suddenly added $4 million to his digital asset holdings by investing in UNI, the native asset of a decentralized exchange (DEX), and AAVE, a currency market protocol. “A whale/institution bought AAVE and UNI again (on Tuesday). He deposited 4 million USDC to (crypto exchange) Kraken and then withdrew 35,983 AAVE ($3 million) and 123,183 UNI ($1 million) from Kraken. He now holds 142,296 AAVE ($12.1 million) and 1.43 million UNI ($11.6 million).” Aave is trading…

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NVIDIA’s cloud gaming service, GeForce NOW, has expanded its library with three new titles scheduled to launch this week, according to a NVIDIA blog post, including the highly anticipated survival game ‘Once Human’ from Starry Studio. Surviving the Stardust ‘Once Human’ immerses players in a post-apocalyptic world where cosmic energy has transformed humanity. As a metahuman, players must survive the contamination and use the power of Stardust to navigate a strange and hostile open-world environment. Combining elements of survival, crafting, and combat, the game challenges players to gather resources, build shelter, and defeat threats both…

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At a hearing on July 11, Christie Goldsmith Romero, a candidate for the chairman of the Federal Deposit Insurance Corporation (FDIC), testified before Congress that banks should be allowed to store cryptocurrency assets.In response to questioning from Senator Cynthia Lummis, the FDIC nominee responded that cryptocurrencies are “a business like any other,” and explained that she does not believe the FDIC’s role is to dictate what assets banks should store or hold.The Digital Chamber, a Washington, D.C.-based cryptocurrency advocacy group, previously expressed interest in Romero’s nomination, citing her forward-thinking stance on the cryptocurrency industry in a letter to the Senate…

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The Bitcoin (BTC) price has been fluctuating between $55,000 and $58,200 for almost a week, with the 200-day exponential moving average (EMA) at $58,000 forming a solid resistance line.According to data from Cointelegraph Markets Pro and TradingView, the Bitcoin price is trading at $57,841, up 0.36% amid declining trading volume, indicating a prolonged period of consolidation.BTC/USD daily chart. Source: TradingViewLet’s take a look at why the BTC price is stagnant today.Bitcoin Price Falls to 200-Day EMA On July 4, Bitcoin price fell below the crucial support level provided by the 200-day EMA, driven by continued selling by the German government…

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