ETH found important support at key levels. More ETH addresses appear due to network growth. Ethereum (ETH) price enjoys strong support between $3,700 and $3,810, with 3 million addresses accumulating 4.6 million ETH. This important accumulation area reflects growing investor confidence and provides a cushion against potential bearish pressure. The bullish case for Ethereum continues to strengthen with strong supply-demand dynamics and key Fibonacci levels pointing to $5,000 as a plausible target. Support levels and accumulation zones Analyzing Ethereum’s price trajectory reveals a strong demand area between $3,700 and $3,810. According to data from IntoTheBlock, around 3 million addresses have…
Author: Crypto Flexs
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Louisa Crawford December 11, 2024 08:21 LangChain unveils ‘Command’, a new tool in LangGraph to enhance multi-agent communication by providing dynamic, edgeless graph functionality. LangChain has launched ‘Command’, an innovative tool designed to enhance multi-agent architecture within the LangGraph platform. According to LangChain’s official blog, this new feature aims to simplify the communication process between various system components. technical background The LangGraph framework, the backbone of the LangChain agent system, operates on an event-driven architecture. This setup is influenced by graph theory concepts found in NetworkX, providing developers with a familiar structure for modeling…
This article is also available in Spanish. Ondo Finance (ONDO) has emerged as a prominent project in the cryptocurrency market with a focus on real asset (RWA) tokenization. ONDO specializes in bringing U.S. Treasury securities to the blockchain and is positioning itself as a leader in bridging traditional and decentralized finance. This innovative approach has fueled tremendous growth in the project’s native token, ONDO, soaring more than 235% since November 5. Related Reading Momentum has not slowed as ONDO continues to hit record highs, with a notable rally captivating investors and analysts alike since early December. Despite this bullish trend,…
A cryptocurrency trader reportedly made a whopping $52 million profit by investing $27 in the Pepe memecoin, according to blockchain analytics firm Lookonchain.Cryptocurrency intelligence company Lookonchain revealed in an X post on December 14 that an anonymous Pepe (PEPE) trader made life-changing profits.“After being dormant for 600 days, the $PEPE whale moved all 2.1T $PEPE ($52M) to a new address… from $27M to $52M, a massive 1,900,000X return!”Savvy Pepe merchant deals. Source: LookonchainDespite having no intrinsic utility, memecoins have created many new millionaires among cryptocurrency investors. In May, another skilled trader turned $3,000 into $46 million through Pepe token trading,…
jack anderson December 11, 2024 09:23 Learn how to enhance Ethereum compatibility, reduce transaction costs, and improve scalability by deploying ERC20 tokens on Linea, ConsenSys’ zkEVM solution. The emergence of blockchain technology and Web3 has significantly changed the perception of digital assets and value transfer, and digital tokens have emerged as a transformative element. According to linea.mirror.xyz, these programmable assets can represent a variety of entities, from physical assets to voting rights, and can facilitate complex interactions across decentralized applications (dapps) on platforms such as Ethereum and Linea. Understanding the ERC20 standard Initially, Ethereum…
Ethereum price is starting to rise quite a bit, above $3,750. ETH is consolidating gains and could target a move above the $3,980 resistance zone. Ethereum began a significant rise above $3,750 and $3,800. The price is trading below $3,800 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a connected bullish trendline forming around support at $3,840. A break above the $3,950 and $3,980 resistance levels could continue the upward move for the currency pair. Ethereum price surpasses Bitcoin Ethereum price remained stable and rose above $3,750, surpassing Bitcoin. ETH was able…
Elon Musk, the visionary behind Tesla, SpaceX, and Neuralink, has once again set his sights on reshaping the world with the launch of xAI. xAI is at the forefront of a groundbreaking revolution, combining the power of artificial intelligence with the decentralized potential of blockchain. Based on Elon Musk’s vision, this innovative project promises to redefine the industry and set an unparalleled standard in both AI and cryptocurrency. Why is xAI a game changer? He is one of the most influential figures in technology today, leading innovative ventures. Commitment to Ethical AI: Focused on developing safe, transparent, and ethical artificial…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Bitcoin has hit $100,000, Ethereum is stable, and the new altcoin Yeti Ouro is almost out of presale with less than 10% left. Bitcoin continues to soar this week, regaining $100,000 after falling slightly during the week, and analysts expect the BTC fry to reach $150,000 within the next year as more governments look to adopt it as a national strategic reserve. . Ethereum is trading around $4,000, but with altcoin season approaching, experts expect the price to triple.…
Ted Hisokawa December 11, 2024 09:44 The Hong Kong Monetary Authority announced the results of the Yuan government bond bidding held on December 11, 2024, introducing a two-year maturity Yuan bond issuance. The Hong Kong Monetary Authority (HKMA) has released the results of the Yuan government bond auction held on December 11, 2024. The announcement highlights the issuance of two-year RMB bonds and highlights Hong Kong’s strategic role in the offshore RMB market. Bidding Details According to the HKMA, the bidding process went smoothly and the bonds attracted significant interest from investors. The issued…
Traders are holding on to Solana (SOL) stacks amid expectations that the price will continue to rise, according to new data from market analytics firm Glassnode. Glassnode said in a new thread on social media platform “Solana investors are operating a HODL (Holding on Dear Life) company in hopes of higher prices. The share of long-term holders of wealth locked in the network is increasing. The 6-12 month cohort currently holds 27% of supply, demonstrating buyer confidence in the 2024 rally.” Source: Glassnode/X However, the data analytics firm notes that investors who had accumulated SOL have dumped their holdings in…