This article is also available in Spanish. The price of Bitcoin fell sharply from a high of $104,015, falling below $95,000. BTC is currently recovering its losses and faces a hurdle close to $99,000. Bitcoin hit a new all-time high of $104,015 before beginning a major decline. The price is trading above $97,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $96,000. The pair could regain momentum if it closes above the key milestone level of $100,000. Bitcoin price recovers losses Bitcoin price…
Author: Crypto Flexs
Read More
ADA has proven resilient, fending off bearish pressure and holding strong above $1, a level it has worked hard to recover from. With the excitement of a new year just around the corner, the stage is set for a potential upside. Cardano (ADA) has posted triple-digit gains over the past 30 days, breaking away from a three-year slump to reclaim the $1 benchmark and secure the second-best altcoin spot. The big players’dip’To build up ADA, price action has yet to provide the strong bullish momentum many are hoping for. Nonetheless, broader market optimism continues to put ADA in the speculative…
Ethereum (ETH) held positions above $4,000 on Friday, December 7, and ETF investment patterns showed some funds gaining new investments while others suffered losses.BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s Ethereum Fund (FETH) attracted new investments of 9,140 ETH and 12,650 ETH on December 6. Meanwhile, investors withdrew 7,820 ETH from Grayscale’s Ethereum Trust (ETHE). Overall, ETF products gained a total of 22,130 ETH yesterday, following massive inflows of $428 million on Wednesday.ETH was trading at $4,024 at 10:00 (UTC) on Friday. Over the last 24 hours, trading volume for all ETH derivatives reached $56.13 billion, a decrease of 14.74%.…
Peter Jang December 4, 2024 21:04 Ambrus Studio is collaborating with Mysten Labs to launch E4C: Ludus on Sui, providing game developers with a cross-platform publishing solution that integrates dynamic NFTs and zkLogin. Ambrus Studio, known for its hit game E4C: Final Salvation, announced the launch of E4C: Ludus, a new gaming platform that aims to revolutionize the way developers and players interact with games on the Sui blockchain. According to the Sui Foundation, Ambrus is collaborating with Mysten Labs, an original Sui contributor, to leverage blockchain’s advanced technologies to deliver a seamless gaming…
The Cardano Foundation’s Damaged by the actor. secretary).Cardano founder Charles Hoskinson confirmed the hack in a social media post, but not before the fraudulent ADAsol token generated about $500,000 in trading volume and plummeted 99%.Both the ADAsol scam post and notice of the SEC’s impending lawsuit have been removed as of this writing.The Cardano Foundation is working to fix the compromised accounts and no other parts of the Cardano ecosystem were affected by the hack. Nonetheless, users should exercise caution and not click on links to Cardano Foundation X accounts until further notice.This is one of the fraudulent posts from…
Anaxi Labs and Carnegie Mellon University’s CyLab Unveil Groundbreaking Proof System – Chainwire housenewsroomAnaxi Labs and Carnegie Mellon University’s CyLab Unveil Groundbreaking Proof System We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic…
lawrence jenga December 5, 2024 06:46 Binance has introduced a new promotion for EOS (EOS) pegged products, offering up to 29.9% APR. The promotion runs from December 5, 2024 to January 5, 2025. Leading cryptocurrency exchange Binance has announced an attractive offer for users interested in investing in EOS (EOS). According to Binance, participants can earn up to 29.9% APR by subscribing to EOS-locked products during a limited promotional period. Promotion Details The promotion is set to run from 10:00 UTC on December 5, 2024 to 09:59 UTC on January 5, 2025. During this…
Caroline Bishop December 5, 2024 07:39 BitMEX has launched 1000000MOGUSDT and BRETTUSDT, new perpetual swaps that offer traders up to 50x leverage. These lists allow users to short or short MOG and BRETT. BitMEX, a prominent cryptocurrency exchange, has unveiled two new perpetual swap listings: 1000000MOGUSDT and BRETTUSDT, giving traders the opportunity to leverage up to 50x. According to BitMEX, the announcement was made on December 5, 2024. new trading opportunities With the introduction of the 1000000MOGUSDT and BRETTUSDT perpetual swaps, BitMEX users can short or sell these assets. This move aims to enhance…
The Financial Stability Oversight Council released its 2024 annual report on Friday, covering a range of risks and concerns within the U.S. and global financial systems. As has been the case in previous years, the report highlighted the role of the stablecoin and digital asset sectors more broadly, but did not suggest that the FSOC would take concrete steps to curb these concerns.You are reading State of Crypto, a CoinDesk newsletter covering the intersection of cryptocurrencies and governments. Click here to register for future versions.narrativeThe Financial Stability Oversight Council, comprised of heads of U.S. financial institutions, warned in its annual…
A closely followed cryptocurrency strategist believes that Ethereum (ETH) is now firmly positioned to hit a new all-time high. Trader Justin Bennett tells his 115,200 followers on social media platform According to Bennett, if ETH continues to strengthen against the Bitcoin pair (ETH/BTC), Ethereum could quickly make a run for it. “We are bullish on ETH while exceeding $3,950 with a $5,000 target. If ETH/BTC can flip the 4% area on the weekly chart, it could happen quickly.” Source: Justin Bennett/X Looking at the ETH/BTC chart, the cryptocurrency strategist says Ethereum is likely to gain further bullish momentum if it…