Cryptocurrency Analyst CrediBULL Crypto presented an optimistic story about . Ethereum (ETH) and XRP. He claimed that the two tokens could rise to $20,000 and $20 respectively. Furthermore, he stipulated: parabolic price surge It’s likely to happen. Ethereum could hit market highs near $20,000. CrediBULL cryptocurrency mentioned on X (formerly Twitter) post There is a possibility that Ethereum may reach a market peak near $20,000. He also explained that ETH could achieve this price level, based on his belief that BTC could “realistically” see a 2X rise from its last high of $69,000 during the 2021 bull market. thus, Altcoins…
Author: Crypto Flexs
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According to Crystal Intelligence, while 2023 had the highest number of annual cryptocurrency thefts, 2022 remains the costliest year by value, with 199 incidents totaling $42 billion. According to data from Crystal Intelligence shared with crypto.news, cryptocurrency scams and hacks have resulted in the loss of nearly $19 billion worth of assets, with the United States accounting for the most incidents. “The most striking aspect of the evolution of cryptocurrency crime, currently in the teens, that Crystal has observed is the speed with which new crime types emerge, new law enforcement technologies are implemented to combat them, and the process…
Pepe (PEPE) has rebounded 17.85% two days after hitting a local low of $0.00001300, as Cointelegraph previously predicted, and is currently trading as high as $0.00001340 on June 12.PEPE/USDT daily price chart. Source: TradingViewThis rebound was accompanied by an increase in trading volume, which indicated stronger confidence among traders, which could further fuel upward momentum.At least three indicators indicate a strong bullish outlook for the PEPE market, suggesting that the price of Memcoin could rise as much as 50% by the end of June. Let’s take a closer look at these potential catalysts.PEPE’s ascending wedge pattern suggests a 70% upside…
Today, Donald Trump met with David Bailey, CEO of Bitcoin Magazine, and several prominent American Bitcoin miners. The conference saw President Trump pledge to advocate for Bitcoin mining in Washington DC and on the global stage.Today was a historic moment in the journey toward hyperbitcoinization. Past and future presidents of the United States have dedicated themselves to harvesting America’s hashrate and championing our cause in DC and on the world stage. Bitcoin will thrive in 🇺🇸Orange Man + Orange Coin = Good pic.twitter.com/YhfzoJg19g— David Bailey🇵🇷 $0.65mm/btc bottoms (@DavidFBailey) June 12, 2024 Among the attendees were representatives from leading Bitcoin mining…
As the UK prepares for a snap election on July 4, the cryptocurrency industry is strategically turning its attention to Keir Starmer’s Labor Party. As reported by Bloomberg, this change of course comes amid widespread uncertainty about the future of cryptocurrency regulation in the UK following Chancellor Rishi Sunak’s sudden call for an early election. Recent events have highlighted the cryptocurrency sector’s proactive efforts to build strong ties with UK lawmakers. For example, just days before Sunak’s announcement, cryptocurrency executives gathered on the House of Commons terrace at an event hosted by Coinbase, demonstrating the industry’s ongoing efforts to influence…
Ethereum price failed to recover above the $3,650 resistance level. ETH has fallen back below the $3,550 level and is currently showing bearish signals below $3,600. Ethereum began a new downtrend below the $3,550 support zone. The price is trading below $3,550 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $3,650. A stay below the $3,650 resistance area could widen losses. Ethereum price takes a hit Ethereum price tried to recover, but there was no bullish momentum. ETH failed to settle above the $3,650…
MetaMask developer Consensys has launched pooled staking for the popular web3 wallet. This allows users to stake any amount of Ethereum to contribute to the security of the Ethereum network and earn validator rewards.Prior to launch, only users holding at least 32 ETH (about $113,000), the minimum amount required by the Ethereum protocol, could hold stakes on validators run by the company by default.MetaMask users can de-stake Ethereum at any time, but the process may have a waiting time that may vary depending on the current Ethereum validator exit queue.MetaMask’s pooled staking service is being rolled out in stages, using…
Uniswap Labs acquired the blockchain game ‘Crypto the Game’. Uniswap will support development for the next season of the game under new ownership. Both companies will explore new on-chain experiences to improve user experience. Uniswap Labs, a decentralized exchange and DeFi protocol, has had an impressive year and has often been in the spotlight for its positive developments. From launching the Uniswap wallet to expanding support for additional chains, the decentralized exchange has continuously released new product updates and community rewards-focused offerings. Building on this momentum, the protocol has once again sparked excitement across the community with its latest venture.…
Bitcoin price extended losses below the $67,500 support area. BTC has tested the $66,000 support zone and is currently attempting a recovery. Bitcoin began another downtrend below the $68,500 support zone. The price is trading below $68,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bearish trend line attached, forming at resistance $68,650. The pair may recover, but the upside may be limited above the $68,500 level. Bitcoin price plummets Bitcoin price failed to start another rally above the $68,500 resistance zone. BTC reacted to the decline and traded…
London, UK, June 12, 2024, Chainwire GBM Auctions announced that it has completed the first charity bid-to-profit auction for the Polkadot ecosystem. Hosted by the Moonbeam Network, the event raised more than $92,000 for charity and showcased GBM’s new bidding mechanism. On May 16, GBM Auctions launched a week-long auction offering three unique Polkadot-related items to the public. That means physical copies of the Ethereum Yellow Paper, Polkadot White Paper, and JAM Gray Paper each signed and annotated. .Gavin Wood. Bidders used the native Moonbeam token GLMR to bid, and funds from the event went to the Ukrainian Humanitarian Appeal…