Bitcoin (BTC) is quietly copying key features of the 2016 bull market ($75,000).In a May 24 post by X, popular trader Jelle noted what could be the next “major breakout” in BTC price action.Trader: BTC price is “remarkably similar to early 2017”Bitcoin analysis often points out similarities between the current bull cycle and past bull cycles, especially the two most recent cycles: 2016-2017 and 2020-2021.While 2024 stands out in that it hit a new all-time high before, rather than after, the block subsidy halving, there is plenty of data to suggest that Bitcoin’s steepest rise is still ahead.For Jelle, the…
Author: Crypto Flexs
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Welcome to the latest issue of Cryptie. We’ve seen a lot of activity across the cryptocurrency world as the community settles into post-halving normalcy. This issue includes the latest updates from the cryptocurrency industry, new merchants, giveaways, and the latest updates from BitPay.Let’s take a look at this month’s highlights.On this issue: Bitpay in the newsCheck out the latest news from BitPay this month.industry newsRead news from across the blockchain industry:Wisconsin’s state pension fund has made a significant investment in Bitcoin, highlighting the growing acceptance of cryptocurrencies by public institutions. WPRThe value of Bitcoin surged to $70,206, reflecting renewed interest…
Share this article Kabos, the Shiba Inu who gained attention as the face of the iconic “Doge” meme that inspired the creation of Dogecoin, passed away peacefully today at the age of 17.Her owner, Atsuko Sato, announced the news on her official blog, thanking Kabo-chan for the love and support she has shown over the years. A farewell party for Kabosu worshipers is being held at Flower Kaori in Kotsunomori, Narita City, on May 26. The cryptocurrency community and Kabosu’s fans expressed their condolences by sharing tributes and cherished memories of the dog who became an internet legend.It was in…
hello. My name is Stephan Tual, and I have been in charge of Ethereum introduction and education as CCO since January. I also lead the UK. ÐΞV Our hub is located in Co-Work, Putney (south-west London). I am truly honored to lead our communications strategy efforts at ÐΞV. For the first time, we are seeing the mainstream public truly interested in the potential of decentralization. The feeling of excitement about ‘what could be’ when I first read Vitalik’s white paper that fateful Christmas afternoon is now shared by hundreds of thousands of technology professionals, developers and entrepreneurs. Thanks to Ether…
Bitcoin BTC -1.23% It fell above $70,000 as high volatility led to increased liquidations.On Tuesday, the price of Bitcoin briefly surpassed the $70,000 threshold. However, it quickly fell 3.5% to around $67,000, which led to a significant number of liquidations of leveraged positions across the market.According to The Block’s pricing page, the largest digital asset by market capitalization is currently trading at $67,400. Bitcoin price is 8.5% short of its all-time high of $73,737 on March 14.While the position has been approved Ethereum ETH -1.97% For ETFs yesterday, this volatility led to the liquidation of over $378 million in leveraged…
ONDO has experienced significant trading activity as metrics suggest further price appreciation in the near term. The protocol’s TVL also surged, suggesting that trust in the project has strengthened. ONDO price rebounded shortly after the U.S. SEC announced that it had approved eight Ethereum (ETH) spot ETFs. The token price before approval was $0.92. However, the price of ONDO is up 13.26% in the last 24 hours as the token crosses the $1 psychological zone. Well, you might be wondering what temperature has to do with Ethereum to have a strong impact on its development. AMBCrypto will explain. In a…
Currently, the BNB price has increased by 5% to reach $614 and all odds are that it will reach $700. According to cryptocurrency analysts, if BNB takes advantage of the bullish mood in the market, the price could go even higher. June is expected to be very profitable for BNB, bringing new ATH. Initially, BNB was launched as a central coin to help fuel the Binance cryptocurrency exchange. Since its launch in 2017, this coin has had many winding paths. Since then, it has been responsible for performing various functions, including helping users get discounted prices on Binance while trading…
On May 24th, Kabos, the symbol of Memecoin, passed away after a long illness. Kabosu, which symbolizes the Dogecoin (DOGE) token, was 18 years old. The condition has rapidly worsened since early May. The dog could no longer walk independently and was moved around with the help of an animal wheelchair. Pumpkin this morning,I fell into a deep sleep 🌈While stroking meto bedIt was a smooth ride.Dear pumpkin lovers,Thank you for your long time. https://t.co/aJyC8wECQP— Kabosuma (@kabosumama) May 24, 2024 Kabosu’s owner, Atsuko Sato, wrote on the Kabochan blog that Kabosu felt normal for him to eat and drink water…
Hooked leverages opBNB for cost-effective user interaction.According to the BNB Chain blog, Hooked, BNB Chain’s gamified education platform, has effectively managed high trading volumes while maintaining efficiency and cost-effectiveness. However, transaction costs on the BNB Smart Chain can still be prohibitive due to the high volume of on-chain interactions required. This is especially true if the project requires sponsoring users’ gas bills. This problem is solved in Hooked through a two-tier architecture.High traffic and gas-free transaction processingHooked is a unique platform that provides an efficient channel for non-technical users to engage with the web3 world.…
The once-crazy cryptocurrency market seems to be taking a deep breath. Investors are increasingly looking to stablecoins as a haven for cryptocurrencies. These cryptocurrencies are pegged to real assets, such as the U.S. dollar, providing a haven from the wild price swings that plague Bitcoin and its peers. Dominant Tether faces rise of USDC star The trend is undeniable. Sentiment analysis firm Santiment found a sharp increase in the number of wallets holding stablecoins, especially in 2024. This new love is evident in the growth of USDC, the stablecoin issued by Circle. USDC boasts an impressive 14% increase in active…