Bitcoin price struggled to break the $102,000 resistance zone. BTC is correcting gains and could test the $97,500 support area. Bitcoin began a downward correction in the $102,000 area. The price is trading above $98,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the connecting bullish trendline with support at $101,000. If it stays above the $97,500 support, it could start a new rally. Bitcoin price falls again Bitcoin price formed a base and began a new rise above $98,800. There was movement above the…
Author: Crypto Flexs
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Felix Pinkston December 11, 2024 15:28 Bitcoin recently crossed $100,000 and underwent a significant correction after reaching an all-time high of $104,000. Market dynamics and economic indicators suggest that the bullish trend is likely to continue. Bitcoin (BTC) has achieved a historic milestone, crossing the $100,000 threshold for the first time and hitting an all-time high of $104,000, according to Bitfinex Alpha. This is a significant increase of 111% compared to the summer low of $50,000. However, the cryptocurrency experienced a sharp correction of 14.84%, including a sharp 10% drop in just 8 minutes,…
Metis, a layer 2 Ethereum scaling solution, announced the relaunch of its Decentralized Sequencer (DSEQ) initiative, which aims to strengthen decentralized infrastructure and encourage meaningful contributions within the ecosystem.Specifically, DSEQ Reboot introduces a performance-based rewards program that benefits builders, users, and projects by encouraging sustainable growth, community engagement, and collaboration.Key Details of DSEQ RebootThe reboot includes a new rewards track to support the project and contributors.DSEQ Node Compensation: Depending on performance, up to 5,000 METIS tokens are paid per month.Node and Liquid Stake Token (LST) Protocol Rewards: In addition to node rewards, up to 10,000 METIS are paid per month.Metisian…
Wang Long Chai December 11, 2024 15:59 The Hong Kong Monetary Authority has issued a warning about fraudulent websites and internet banking login screens linked to Chong Hing Bank Limited. The Hong Kong Monetary Authority (HKMA) has issued a stern warning to the public about fraudulent websites and internet banking login screens falsely linked to Chong Hing Bank Limited. This warning comes after numerous reports were submitted to the HKMA highlighting the potential risks posed by these fraudulent activities. Details of the fraudulent activity According to the HKMA, the scam sites and login screens…
Decentralized finance (DeFi) altcoin Velodrome Finance (VELO) is showing a rapid rise following its new listing on the world’s largest cryptocurrency exchange in terms of trading volume. This morning, Binance announced the addition of VELO to its cryptocurrency exchange. “Binance announces that VELODROME will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, Binance Auto Invest, and Binance Futures at the dates and times listed below. I’m happy to be there.” According to the announcement, Binance’s Simple Earn will subscribe to the VELO flexible product starting today. Binance users will be able to purchase VELO on Monday,…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Although XRP is slowing down, five altcoins, including Rexas Finance (RXS), could turn $300 into $6,000 by 2025. Since November, XRP has been one of the strongest gainers, rising from $0.63 to $2.92. XRP’s momentum reversed as it failed the $3 test, falling to the $2.52 level. While XRP’s rise has hit a snag, Rexas Finance, Tron, Floki Inu, Dogecoin and Polygon could deliver massive gains, potentially upgrading your $300 portfolio to $6000l. lexas finance Investors looking to build…
james ding December 12, 2024 01:39 Taiko distributed 2 million TAIKO tokens to the top-performing dApps of Trailblazers Season 1, recognizing innovation across the gaming, DeFi, and bridging categories. The Taiko ecosystem concluded the first season of the Trailblazers competition, rewarding the best decentralized applications (dApps) with a significant allocation of TAIKO tokens. According to taiko.mirror.xyz, the initiative, designed to foster innovation, distributed a total of 2 million TAIKO tokens to standout dApps in Season 1. compensation process The competition tracked dApp usage and engagement and generated additional excitement through monthly competitions. These challenges…
Despite sideways volatility, Bitcoin (BTC) price has closed a daily candle above $95,000 every day since November 27, indicating continued buying pressure from investors in the higher range. Bitcoin 1 day chart. Source: Cointelegraph/TradingViewPrice fluctuations or choppy markets could last for several weeks, but consultants Ernst and Young say long-term price expectations for Bitcoin in 2025 remain high. The Bitcoin target range for 2025 is between $173,000 and $461,000.Bitcoin mining industry researcher Danny Marques recently highlighted research based on the last three bull cycles. The study includes targets based on BTC’s post-halving performance and Fibonacci extensions. Bitcoin price targets based…
We strongly believe that information is a public good that should be shared freely within the community. In line with this philosophy, in 2022 we are launching a series of grants to foster knowledge and support academic research to further enhance the Ethereum ecosystem. The response we received was overwhelming…
According to the data, the exchange witnessed an outflow of WLD worth $20.2 million. If Worldcoin stays above the $2.5 level, it could rise 30% in the future and reach the $4 level. Worldcoin (WLD) is receiving a lot of attention from cryptocurrency enthusiasts thanks to its recent breakthrough and impressive upward momentum. This breakthrough not only attracted investors, but also caught the attention of whales and institutions, according to a report by on-chain analytics firm IntoTheBlock. Worldcoin massive trading volume increases 252% According to data from IntoTheBlock, WLD’s large trading volume has surged 252%, indicating growing confidence among whales…