The value of Notcoin (NOT), a cryptocurrency strongly supported by social media giant Telegram, has fallen sharply. This happened within the first week of listing. The cryptocurrency is part of Telegram-based gaming, which has a user base of 35 million. Investors who bought into the hype are now suffering huge losses. Cryptocurrency analyst predicts further decline in Notcoin price Notcoin debuted on the Toncoin network last week. Approximately $1 billion worth of NOT tokens were airdropped to eligible investors. The token has also secured high-profile listings on major exchanges, including Binance. Initially, the buzz about Notcoin reached an all-time high…
Author: Crypto Flexs
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Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is continuing its remarkable journey, with its price surging more than 40% in May. This impressive performance has caught the attention of investors and analysts alike, eagerly anticipating whether SOL can maintain its upward momentum and reach the coveted $200 mark in the coming weeks. TLDR Solana (SOL) was one of the best-performing cryptocurrencies in May, with its price rising more than 40%. SOL is approaching a confluence of resistance levels, which could lead to a local high before reaching $200. Long-term wave numbers suggest that SOL’s adjustment is not yet complete…
May 20, 2024, Johannesburg, South Africa VALR, a Pantera-backed cryptocurrency exchange, is pleased to announce support for the TRON network, facilitating fast and easy stablecoin trading. Additionally, VALR now offers an on-chain staking product for TRON (TRX), offering annual percentage rates (APRs) of up to 3%. VALR’s new TRX staking product addresses the needs of users who want to take advantage of staking opportunities without directly interacting with DeFi protocols. VALR’s staking product is a liquid staking solution. This means users can distribute rewards over time, staking, unstaking, and re-staking at any time, efficiently earning compounded returns. All these features…
May 20th Bitfinex Alpha | A solid bottom has been established for Bitcoin, but the functionality provided by macros may be lost. Post time: 12:32h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe Bitcoin achieved its highest daily close since April 12 last week. Following a weaker-than-expected Consumer Price Index (CPI) inflation report, BTC rose 7.54% on the day and 8.7% for the week. Further supporting the price was exchange outflows amounting to 55,000 BTC, indicating supportive market sentiment and reinforcing our view that the Bitcoin price has reached a bottom.…
OKX unveils new token listing processLeading cryptocurrency asset platform OKX has provided additional insight into its token listing process in response to feedback from customers and community members, according to a blog post on the company’s website.As one of the world’s largest venues for access to cryptocurrency assets, OKX takes the listing process very seriously. The main feedback they received was related to the time it takes for users to be able to buy, sell or trade assets in their country of residence. Some users have expressed disappointment with the highly anticipated token that was…
Share this article Bitcoin (BTC) showed a recovery of 6.6% over the past 7 days, leading investors to withdraw their BTC holdings from centralized exchanges. according to To data collection company Coinglass. Over the past seven days, 27,975.21 BTC has left the 20 exchanges tracked by the data platform, equivalent to approximately $1.9 billion at the time of writing.Coinbase Pro had the most outflows with 15,891.79 BTC leaving the exchange focused on seasoned traders. Binance came in second place with investors withdrawing 7669.64 BTC from the exchange last week.Cryptocurrency outflows on centralized exchanges are generally considered a bullish signal, indicating…
Hamster Kombat game on Telegram gained 8 million users in 4 weeks. This shows how games can be a powerful tool for Web3 projects finding an audience.
Recent fundamental buying activity in the Bitcoin market has been driving prices higher, and traders are willing to pay a premium for future Bitcoin purchases, predicting prices to rise, analysts say.“We see underlying order flow pushing the market higher, with Bitcoin’s three-month annualized rate exceeding 10% over the weekend and perpetual funding rates rising,” ZeroCap analysts said. Monday market report. The Zerocap report’s observations are consistent with those of the Velo Data chart, which shows that Bitcoin’s base rate has increased since the release of easing US Consumer Price Index (CPI) data for April last Wednesday and is currently in…
Solana has a bullish structure after a deep retracement. A retest and rally is expected in the coming weeks, marking the previous resistance level as a “buy” zone. Solana (SOL) broke the $160 resistance zone and cleared the imbalance above its monthly range. In doing so, it asserted the previous higher period uptrend. The $160 region is likely to act as support going forward. A recent AMBCrypto report highlighted that social metrics are disappointing. The network also surpassed Bitcoin (BTC) in terms of revenue generated over a 24-hour period. Is the bull market strong enough to sustain the rally? Source:…
Despite the current economic downturn, there are notable signs that the Bitcoin ecosystem is ready for a comeback. About six months ago, the average number of new Bitcoin addresses per week increased to its highest level since the all-time high in December 2017. However, this only reflected the rumors in the Bitcoin community at the time. For context, there was the fact that expectations for the approval of a spot Bitcoin ETF were at an all-time high. This was coming with the introduction of innovative protocols such as Ordinals and Half-Life Events. All of this has led to the creation…