A trader who accurately predicted a crypto crash in late 2022 says the next uptrend in digital assets will be a “real” breakout that will send markets to new highs. A trader with the pseudonym Capo told his 101,000 Telegram subscribers that the recent Bitcoin (BTC) rally was a “test pump” and that a real rally is coming. “That was a pump to clear the liquid from above. The next pump will be the real breakthrough.” Source: Capo/Telegram Capo said that if there is a clear break of the $62,000 level, with BTC currently trading at $64,201, there is a…
Author: Crypto Flexs
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Timothy Morano 26 Aug 2024 15:17 Ensuro, powered by USDC, is revolutionizing insurance by increasing inclusivity and capital efficiency, especially for underserved populations. The mainstream adoption of blockchain technology continues to grow globally. From global enterprises to individual developers, more and more people are building new applications that can transform how value is moved, stored, and exchanged. Marco Mirabella and Guillermo Narvaja are at the forefront of this evolution, particularly in the insurance sector. They are the co-founders of Ensuro, an innovative insurance provider that uses smart contracts to make insurance both capital efficient…
Crypto Scams, Hacks and Exploits and How to Avoid Them: Crypto-Sec Weekly Phish: DeFi Saver Users Lose $55 Million in DAI A user of the decentralized finance protocol DeFi Saver was hit with an unusual style of phishing attack on August 21. According to a post from blockchain security firm Global Ledger X, the attacker tricked the user into reassigning ownership of the DeFi Saver Proxy contract. The victim reportedly attempted to trade again but failed. The attacker then changed ownership again and emptied all Dai (DAI) stablecoins from the smart contract wallet, removing a total of $55 million. (Global…
TON liquidation reaches $7.2 million after Telegram founder’s arrest Investor fear, uncertainty and lack of confidence have led to increased selling pressure. The Toncoin (TON) community has been under intense pressure due to the arrest of Telegram founder Pavel Durov. According to reports, Durov was arrested in France and is likely to face a 20-year prison sentence. This news has had a huge impact on Telegram-based altcoins. Tone liquidation surge According to Coinglass data, Toncoin liquidations hit a historic high in liquidations. Ton reported $7.21 million in liquidated positions, surpassing the liquidations reported during the market crash earlier this month.…
The total daily transaction fees are as follows: Solana brush +0.82% The value of blockchains measured in US dollars has fallen to levels not seen since early May 2024.According to The Block’s data dashboard, Solana’s daily transaction fees fell to $639,000 on Monday. That’s down 65% from the current month high of $1.83 million on Aug. 8 and down 87% from the all-time high of $5.08 million on March 18. According to Ruslan Lienkha, YouHodler’s head of markets, the decline in daily transaction fees suggests a decrease in activity on the Solana network, with memecoin trading being the most affected.…
Peter Zhang 26 Aug 2024 12:33 Bitcoin (BTC) price surged to $65,000 as risk appetite returned after Federal Reserve Chairman Jerome Powell hinted at a possible rate cut. Bitcoin (BTC) surged to $65,000 on August 23, reflecting a broader rally in risk assets following significant comments from Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium. Powell’s hints at a potential rate cut sent the U.S. dollar lower, boosting stocks and sending the S&P 500 close to its all-time high, according to Bitfinex Alpha. Bitcoin price surge Bitcoin, which has been underperforming stocks,…
Stablecoin market cap has increased for the 11th straight month, reaching an all-time high of $168 billion.According to DefiLlama data, the total stablecoin market cap has reached an all-time high, with the last peak being in March 2022. Crypto analysts say the market cap increase could be the result of new money flowing into the market. Source: DefiLlamaThis data excludes algorithmic stablecoins, which are not pegged to external assets such as fiat currencies or gold, but instead maintain their value through algorithmic mechanisms.The market hit an all-time high of $167 billion in March 2022, but then plummeted, falling to $135…
According to DefiLlama data, the total stablecoin market cap, excluding algorithmic stablecoins, hit an all-time high over the weekend. The market cap of stablecoins expanded 0.8% last week to $168.1 billion, surpassing the previous high of around $167 billion set in March 2022.Market cap began to decline over the next few months after its March 2022 peak, hitting a low of around $122 billion in October. According to DefiLlama data, stablecoin market cap has continued to grow since early 2024.Rachel Lucas, a crypto analyst at BTCMarkets, told The Block that the rising stablecoin market cap could indicate that cryptocurrencies are…
index New investment opportunities are launched every day, and eager investors are waiting for the next big thing. Husky Inu ($HINU) is a new Solana-based mimecoin opportunity with incredible growth potential. Memecoins continues to surprise us with their huge growth potential and new and innovative projects coming to the market every day. Husky Inu ($HINU) is the newest project in the Solana ecosystem and is competing fiercely to become the next big thing. Husky Inu ($HINU) Ready for Greatness Husky Inu ($HINU) is a new Mimecoin project in the Solana ecosystem. Nicknamed Shiba Inu’s new best friend ($SHIB), this token…
Louisa Crawford 26 Aug 2024 09:55 The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent websites and social media accounts impersonating Airstar Bank Limited. The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent websites and social media accounts impersonating Airstar Bank Limited. According to the HKMA, these fraudulent platforms have been reported and are under investigation. Details of the scam The fraudulent website and social media accounts have been reported to the HKMA, which is now warning the public to be vigilant. Airstar Bank Limited has also…