Ethereum price continued its upward trend above the $3,900 resistance level. ETH is currently consolidating near $3,880 and may continue to move higher in the near term. Ethereum began another rise above the $3,850 resistance level. The price is trading above $3,850 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline forming with support at $3,860. The pair may continue to rise and test the $4,000 resistance zone in the near term. Ethereum price hits $4,000 Ethereum price remained above the $3,650 support area. ETH began another rally, outperforming…
Author: Crypto Flexs
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Nomura Holdings and Laser Digital have partnered with GMO Internet Group on a new project focused on stablecoins. The two companies will collaborate on the issuance, redemption and distribution of stablecoins pegged to the Japanese yen and the U.S. dollar in Japan. Japanese financial and investment conglomerate Nomura Holdings is collaborating with GMO Internet Group to explore the issuance of a fiat-backed stablecoin in Japan. According to an announcement made on Monday, the collaboration will allow Nomura Holdings to issue, redeem and distribute Japanese yen (JPY) and U.S. dollar (USD)-denominated stablecoins through its digital asset arm, Laser Digital. We plan…
Solana found support near $160. SOL price is rising slowly and could gain bullish momentum if it breaks out of the $172 resistance area. SOL price adjusted lower and tested the $160 support zone against the US dollar. The price is currently trading above $165 and the 100-hour simple moving average. On the hourly chart of the SOL/USD pair (data source from Kraken), a breakout occurred above the main bearish trend line with resistance at $164. Failure to hold above $165 could lead to removal of the $172 resistance level. Solana price may gain momentum Solana price formed a support…
Ethereum (ETH) is currently at the forefront of an impending market surge, as evidenced by a significant technical breakthrough. According to cryptocurrency analyst Jelle, Ethereum recently emerged from a bearish pattern, breaking out of a descending wedge and turning key resistance into support areas. gel Open to the public With Ethereum currently heading towards $4,000, it looks more likely that it will reach new peaks. This move represents a significant reversal compared to previous trends and sets the stage for potentially record price levels. Related Reading Bullish Shift: Explaining Ethereum Breakout from Falling Wedge Jelle’s latest observations come during a…
chain link link +6.22% A decentralized oracle network that seeks to bridge the gap between blockchain-based smart contracts and real-world data. Chainlink aims to solve what is referred to as the “oracle problem” by incentivizing a global network of computers to securely provide smart contracts with trustworthy and trustworthy data from external sources other than the blockchain. Chainlink has a native token (LINK) that is used to retrieve data from off-chain data feeds, format it into a format readable on the blockchain, and pay node operators to ensure data integrity.The oracle problem refers to the problem of securely integrating external…
Memecoin Normie recently suffered a serious hack. The token suffered a major crash following the attack. Normie’s developers are negotiating with the hack perpetrators. Hacks and fraud have plagued the cryptocurrency industry over the past few years, causing widespread concern and significant losses for investors and projects alike. Recently, Normie (NORMIE), the base memecoin project, fell victim to smart contract abuse, causing a sharp crash in the value of its token. Afterwards, negotiations took place between the Normie hackers and the project developers, and the hackers outlined their demands. Normie Hack: No Token Release, No Refunds According to an on-chain…
The price of Bitcoin exceeded the $70,000 level. BTC currently holds gains above support and could be targeting another increase in the near term. Bitcoin extended its gains above $70,000. The price is trading above $69,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $69,000. Unless it moves below the $68,500 support, the pair could start another increase. Bitcoin price maintains support Bitcoin price started another increase from the $68,000 support zone. BTC cleared the $69,000 resistance to move…
In an exclusive interview with BeInCrypto, digital strategist Jacky Rivero shared valuable insights into effective cryptocurrency marketing. Her expertise illuminates the nuances of navigating the industry, emphasizing storytelling, transparency, and community engagement as core strategies. 1. The power of storytelling Jacky Rivero emphasized the importance of storytelling in the crowded cryptocurrency market. “Every day, more brands, both inside and outside of their niche, are turning to storytelling. Because storytelling is important to get closer to your audience,” she explains. Unlike traditional presentations that focus solely on problem solving, effective storytelling emphasizes the brand’s understanding of the user’s problem. This approach…
The Oslo Freedom Forum (OFF) will return to the Norwegian capital from 3 to 5 June for its 16th event since 2009. Hosted by the New York-based nonprofit Human Rights Foundation (HRF), the conference series brings together humanitarians, artists, technology entrepreneurs, and world leaders to highlight the state of global human rights and spark conversations about how to expand freedom amid technological and political oppression do. Key speakers included exiled Nicaraguan journalist Carlos Chamorro, Trauma Research Foundation founder Dr. Bessel van der Kolk, Block CEO and co-founder Jack Dorsey, and others.The conference will feature high-level discussions from those on the…
Sphere Labs, a blockchain developer focused on facilitating stablecoin services for business customers, has announced a new fiat onramp and offramp designed to work within Telegram.The bank-to-wallet extension will allow Telegram users to move bank funds directly to their wallets and vice versa within the Telegram app, with an advertising fee of 0.1% per transaction for early users.The service will be available to early users the week of May 27, with a full launch expected later this year.Users from all non-sanctioned countries can use the Telegram extension, but they must link the service to a US dollar or euro denominated…