The Arcblock cryptocurrency price has risen 64% in the past 30 days. Bullish pressure is important in the token market. ABT, the native token of the Arcblock cryptocurrency, a platform designed to simplify decentralized application (DApp) development, is poised to continue its double-digit rise as bullish pressure gains momentum. At the time of press, the altcoin was trading at $3.76 and has witnessed a 20% price increase in the last 24 hours. Last month, ABT prices soared 64%. CoinMarketCap’s data. ABT’s road to glory AMBCrypto’s assessment of ABT’s price movement on the daily charts confirms the possibility of a sustained…
Author: Crypto Flexs
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BNB price is showing bearish signs below the $600 level. To gain bullish momentum, the price needs to stabilize above the $575 and $585 resistance levels. BNB price began a new decline after failing to break the $600 resistance zone. The price is currently trading below $585 and the 100 simple moving average (4-hours). The hourly chart of the BNB/USD pair shows a major bearish trendline forming with resistance near $575 (data source from Binance). A break above the $585 resistance area could provide bullish momentum. BNB price falls again After a significant rally, BNB price struggled near the $600…
Mastercard expands its Start Path program and adds five blockchain startups. The Start Path program demonstrates Mastercard’s leadership in fintech innovation. Selected startups will receive customized training and collaboration opportunities. Global fintech giant Mastercard announced the addition of five new startups to its Start Path blockchain and digital asset program, which aims to partner with startups around the world to explore future use cases and scale new solutions. I did. This move highlights Mastercard’s commitment to fostering innovation in blockchain and digital payments. Diverse groups join Mastercard’s accelerator program The latest cohort to join Mastercard’s Start Path program represents a…
On May 15, the total market capitalization of the cryptocurrency market increased by 5.5% following the release of US inflation and retail sales data. However, Ether (ETH) failed to fully capitalize on this bullish momentum. Ether last closed above $3,000 five days ago and has underperformed leading cryptocurrency Bitcoin (BTC) by 22% since early 2024. US macroeconomic data supports gains in some scarce assetsCryptocurrency markets reacted positively to April US Consumer Price Index (CPI) data, rising 3.4% year-on-year, which was in line with market expectations. However, April retail sales figures released on May 15 showed a stable month-on-month trend, contrary…
Robinhood Crypto announced the launch of its Solana staking product in Europe along with a bonus program for new customers. The development comes as the company faces increasing tensions with U.S. regulators, which could potentially have legal implications. However, this move caused the price of Solana (SOL) to surpass a significant price point. $150 levelThis means that the bullish momentum in the market has returned. Solana Staking and Crypto Rewards According to presentation, Robinhood has unveiled a new feature for its European customers. These services include staking, localized applications, and cryptocurrency rewards. As part of its expansion, Robinhood launched its…
Generative AI: A game-changing technology for the security industry Founders of prominent security startups recently highlighted the potential impact of generative AI in the tech industry. The discussion took place on the AI+a16z podcast with insights from Command Zero’s Dean De Beer, Doppel’s Kevin Tian, and Resourcely’s Travis McPeak. Building with Large Language Models (LLMs) The founders discussed their experience handling LLM-based threats and building LLM. They highlighted the complexity of the process and the various considerations when selecting and operating large-scale language models. LLM Operations: A Complex Process De Beer compared the performance of…
I’m Vinay Gupta, the newly minted release coordinator for Ethereum. I’ve been working with the comms team on strategy, and have now come aboard to help smooth the release process (some of the content in this blog is out of date, please see this link for the most up to date information on Ethereum). I’ll be about 50/50 on comms and on release coordination. A lot of that is going to be about keeping you updated on progress: new features, new documentation, and hopefully writing about great new services you can use, so it’s in the hinterland between comms and project…
The lending market appears to be heating up again, at least gradually. Although activity remains weak compared to the DeFi summer heat, both borrowings and repayments on major lending platforms appear to have increased. Ethereum ETH +4.17% .Net borrowings as of May 7 were ghost ghost +6.45% It came out to $158.65 million. Net borrowing refers to the amount of loans minus repaid loans. So, if a platform’s daily net borrowing is negative, this means that more loans have been repaid than were originated that day.For Aave, this is its largest net borrowing day in over a year. Over the…
An unknown trader made over $46 million in profits by trading the Pepe (PEPE) memecoin. Can the GameStop series bring back memecoin season?Traders made over 15,000x their profits on PEPE.The savvy trader made $46 million in profits, a staggering 15,718 times his initial $3,000 investment.The unknown wallet purchased 4.9 trillion PEPE for $3,000 on April 15, now worth over $56 million. According to Lookonchain’s May 15 post.Savvy Pepe merchant deals. source: Look on chainPepe’s current market cap is $4.5 billion, making it the third-largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB). Pepe is up more than 40% in the…
Bitcoin (BTC) and Cardano (ADA) prices have fallen short of expectations, contributing to the overall slump in cryptocurrency markets following the April 20 halving. On the other hand, several powerful cryptocurrency projects have achieved notable milestones. ETFSwap (ETFS), an innovative cryptocurrency trading platform, is experiencing a significant surge in demand from investors around the world. Its native token, ETFS, is gaining momentum with the potential to soar up to 2,000% during this market cycle. Bitcoin (BTC) plummets 30% A cryptocurrency analyst known as the ‘cold-blooded sealer’ has made a rather pessimistic prediction about Bitcoin (BTC), the world’s largest cryptocurrency. Bitcoin…