Bitcoin (BTC) begins the new week cautiously holding on to support at $60,000, with sentiment hovering between bullish and bearish.BTC price action is sticking to a narrow trading range. What can cause such a dramatic change in speed?This week is better than ever for volatility in the cryptocurrency market. The combination of US macro data and comments from Federal Reserve Chairman Jerome Powell could be an explosive mix for risk assets.Even at this established range, there are many risks to Bitcoin bullishness. The market is already signaling a deeper correction and traders are already indicating which level could come next.It…
Author: Crypto Flexs
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The price of WLD has fallen more than 5% in the last 24 hours. Most technical indicators hinted at a future price rise. World Coin (WLD) A price correction has been witnessed in the past few hours, pushing the token towards support levels. But there is more to the story, and the price decline may not last as WLD is retesting its bullish pattern. Worldcoin turns bearish. Last week was not the most profitable for investors, as the token price fell by more than 4%. The situation worsened with the token’s value plummeting by more than 5.5% in the last…
North Korean hackers are targeting South Korean cryptocurrency companies and distributing ‘Durian’ malware. The resurgence of dormant hackers like Careto highlights the evolving cybersecurity landscape. Hacktivist groups like SiegedSec expand their offensive operations amid global social and political events. The first quarter of 2024 has proven to be particularly eventful, with notable results and trends emerging on the front lines of cybersecurity. From the deployment of sophisticated malware variants to the resurgence of long-dormant threat actors, the cyber threat landscape continues to change and presents new challenges to security professionals around the world. A recent report from Kaspersky’s Global Research…
Dogecoin extended losses and traded below the $0.1420 support zone against the US dollar. DOGE is currently recovering but faces a major hurdle at $0.1450. DOGE price tested the $0.1360 support and began a recovery. The price is trading below the $0.1450 level and the 100 simple moving average (4-hours). On the 4-hours chart of the DOGE/USD pair, there is a major bearish trendline forming at the resistance $0.1430 (data source from Kraken). The price should stabilize above $0.1450 to move into positive territory and start a new surge. Dogecoin Price Expands Losses After closing below $0.150, Dogecoin price extended…
Posted 1 minute ago In ~ Degen Chain, the layer 3 Ethereum-based blockchain developed for the Degen meme token, appears to have experienced some downtime, halting new block production and affecting related services.The outage began unexpectedly, with the network halting verification of new transactions for more than 11 hours, according to the block explorer. The outage came to light when the network experienced a network outage at block #15524774 around 4:15 PM ET on Sunday.The downtime caused various decentralized applications and bridges on Degen Chain, including the Relay bridge, DegenSwap, Mint Club, and Frogswap, to become completely inoperable. Therefore, users…
The lead artist at Bitcoin art community “Nurorealm” said it was a “dream come true” to have his 3D artwork engraved on the “epic toe” he won at a recent auction. “(This work of art is one of the most valuable digital assets in existence today and is etched on the most valuable digital canvas of all time),” said “Nuro” in a recent interview with Cointelegraph.Nuro and fellow Bitcoin art community “Book of Blob” won an auction on April 25, successfully acquiring the latest epic satoshi, the first satoshi mined in the new Bitcoin halving block mined by ViaBTC.“Winning the…
It is reported that China’s digital currency project still has serious problems. There are reports that some Chinese state workers who are paid in “e-CNY”, or digital yuan, are barely using it and are converting it to real cash. According to a May 13 report in the South China Morning Post, some Chinese cities have started paying government employees in CBDC, but most early adopters have immediately converted it to cash. “I prefer not to keep my money in the e-CNY app because there is no interest if I leave it there,” said Sammy Lin, an account manager at the…
Introducing Polygon Amoy TestnetPolygon Network, a leading platform for Ethereum scaling and infrastructure development, has introduced the Polygon Amoy testnet. This testnet allows developers to test decentralized applications (dApps) before deploying them on the Polygon mainnet.One of the key features of the Amoy testnet is the integration of the Chainlink Cross-Chain Interoperability Protocol (CCIP). CCIP facilitates the creation of cross-chain applications, providing a less fragmented Web3.Amoy Testnet MATIC token acquisitionMATIC tokens are required for developers and users to interact with the Amoy testnet. However, this is not a regular MATIC token used on the Polygon…
Near Protocol’s official On May 8, at approximately 6:18 PM UTC, Near Protocol’s X account posted a 27-second video of a Morse ode without providing any context. Cointelegraph decoded the message: “Darkness is coming.”source: short range protocolTwo hours after the cryptic message was tweeted, Near’s The messages included ‘The sun rises in the east’, ‘Withdraw your thoughts’, ‘Darkness’, and ‘Regain your sovereignty’. Near’s account name and description were also changed to match the tweet’s gothic theme. The screenshot below shows the X account configured with Near Protocol and related tweets.source: short range protocolNear Protocol did not respond to Cointelegraph’s request…
Ethereum price is gaining bearish momentum below $2,950. ETH may continue to decline towards the $2,550 support in the near term. Ethereum struggled to break the $2,950 resistance and started a new downtrend. The price is trading below $2,920 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance at $2,910. A break below the $2,850 support could see the pair gain bearish momentum. Losses widen due to Ethereum price Ethereum price failed to continue rising above the $2,950 resistance level like Bitcoin. A high was reached…