Bitcoin fell below $67,000 at the open on Wall Street on June 11 as the market suffered a classic pre-inflation report decline.BTC/USD 4-hour chart. Source: TradingViewBTC price drop: “Are you worrying a lot about nothing?”The new local Bitcoin (BTC) price on Bitstamp hit a low of $66,696, according to data from Cointelegraph Markets Pro and TradingView. These are the worst numbers to date.Bitcoin, which had fallen for nearly 24 hours straight, failed to buck the trend for the day as risk assets braced for a deluge of U.S. macroeconomic data and comments from the Federal Reserve.Now, BTC/USD, which is down…
Author: Crypto Flexs
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PancakeSwap recently introduced gasless trading through integration with Zyfi in the zkSync Era, improving user experience.After integration, decentralized exchange (DEX) users will be able to benefit from gas-free trading for specific token pairs with transaction fees sponsored by PancakeSwap, zkSync or other decentralized finance (DeFi) protocols.Gasless transactions will make DeFi more accessible to mainstream users and potentially strengthen adoption. Chef Brownie, Head of Marketing at PancakeSwap, told Cointelegraph:“Gasless trading removes a major hurdle for new DeFi users and simplifies the trading process. “By allowing gas payments with a variety of ERC-20 tokens, we make transactions more seamless and accessible, increasing…
Ethereum price failed to clear resistance at $3,720. ETH has fallen again and is now at risk of further losses below the $3,550 support area. Ethereum began a new downtrend at the $3,720 resistance zone. The price is trading below $3,650 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 $3,680. If the price closes below the $3,550 support, the pair could extend its losses. Ethereum price falls again Ethereum price attempted a significant rise above the $3,650 resistance zone. ETH surged above $3,700, but…
In a major advancement in cybersecurity, Cisco has announced the latest version of its secure workload solution that integrates NVIDIA’s BlueField-3 data processing unit (DPU). According to the NVIDIA Technology Blog, the goal of this collaboration is to improve workload security and operational efficiency to combat increasingly sophisticated cyberattacks. Cisco Secure Workload Key Features Cisco Secure Workload is designed to protect application workloads across diverse infrastructures. Provides unprecedented visibility into workload interactions and leverages AI to automate complex tasks. Key features include: Micro-segmentation: Minimize the attack surface by isolating workloads and limiting lateral movement…
Iggy Azalea’s recently launched Mother Iggy (MOTHER) token has soared after its surprising utility announcement.Mother memecoin holders will be able to purchase mobile phones and monthly cell phone subscription plans after Azalea relaunched her existing telco.Azalea announced the relaunch in an X post on June 9.“Tomorrow, I will finally relaunch the telecommunications company I co-founded, and you will be able to purchase mobile phones and monthly plans using Mother or Sol.”Following the announcement, the MOTHER token rose more than 30% in the 24 hours to 10:08 a.m. UTC, trading at $0.1958, according to CoinMarketCap data.MOTHER/USD, 1-day chart. Source: CoinMarketCapAzalea added…
On-chain data shows that Litecoin faces a potentially massive amount of resistance, making a recovery in LTC price even more difficult. Litecoin has a massive supply wall waiting at the level just in front of it. As X user Trader Kamikaze pointed out using data from market intelligence platform IntoTheBlock, many LTC investors have been buying at upcoming levels. Related Reading Below is an IntoTheBlock chart showing the distribution of LTC addresses based on the last price the coin was purchased on the network. Data on current cost base distribution for LTC blockchain | Source: @trader_kamikaze by X Here, the…
index Cryptocurrency enthusiasts are on high alert as several altcoins show signs of a potential surge in value. Early indicators and market trends suggest a breakout is imminent. With the 2024 bull market already gaining momentum, the next few weeks could be critical for these assets. Investors and analysts are watching these coins closely, anticipating significant moves that could provide profitable opportunities.CYBRO Presale: One in a Million Investment OpportunityCYBRO is attracting the attention of cryptocurrency whales with its exclusive token presale. This cutting-edge platform provides investors with an unparalleled opportunity to maximize returns in any market condition.Experts predict a potential…
bitcoin BTC -3.71% Concerns are growing in the stock market ahead of Tuesday’s U.S. Consumer Price Index (CPI) report and Wednesday’s Federal Reserve interest rate announcement.Investors do not expect the U.S. Federal Reserve to have much wiggle room as May payrolls are much higher, lowering expectations of the central bank’s first interest rate cut in September. Interest rate traders are betting the Federal Reserve may keep rates on hold until November, according to CME’s FedWatch tool. This tool indicates that there is a 47% chance that the Federal Reserve will keep interest rates at their current levels at the September…
June 11th Bitfinex Lists AIOZ, the Native Token of the AIOZ Network Posted at: 08:04h From media materials Maria Lobusova Road Town, British Virgin Islands – June 11, 2024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced the listing of AIOZ, the native token of the AIOZ Network, a decentralized platform leveraging blockchain technology to enhance AI, storage and streaming. announced that it would. service. AIOZ Network aims to transform digital media by providing decentralized solutions for storage and streaming to create a more efficient and scalable ecosystem. Recent collaborations such as Alibaba Cloud show that AIOZ’s…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. PlayDoge’s presales exceeded $3.5 million in two weeks, combining the viral appeal of memecoins with the fascinating world of Play-to-Earn (P2E) gaming. PlayDoge (PLAY) pre-sale began successfully for two weeks, with total fundraising exceeding $3.5 million. PlayDoge’s crossbreeding story, which combines the virality of meme coins and the powerful appeal of P2E (Play-to-Earn) games, is generating buzz. The presale initially started on the BNB smart chain, but recently transitioned to multichain and connected to Ethereum. Market participants can purchase…