The price of the Telegram-connected Toncoin (TON) cryptocurrency has rebounded about 50% so far, including a 15% rise in the past 24 hours, reaching a three-week high of $7.10 on May 10.TON/USD daily price chart. Source: TradingViewToncoin has outperformed the broader cryptocurrency market, rising 15% in value over the same period. This performance suggests that Toncoin’s movements are somewhat consistent with those of other major cryptocurrencies, but that it has stronger catalysts that could enable more substantial growth. Let’s take a closer look. TON demand increases with Notcoin airdropToncoin’s price rise comes ahead of the launch of the Play to…
Author: Crypto Flexs
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In a recent episode of the popular podcast ‘Rich Dad Channel’ Robert KiyosakiHe is the author of the book ‘Rich Dad, Poor Dad’ and advocates cryptocurrency investment. Ethereum And Bitcoin. Financial experts highlighted the fall in the value of the United States dollar (USD), highlighting the start of a potential crisis. Market crash. Ethereum acts as a hedge against currency depreciation On the podcast, we chat with Andy Schectman, President and Owner of Miles Franklin and Kiyosaki Precious Metals. discussed The importance of investing and saving in digital currencies suggests that cryptocurrencies could be an option. Risk can be hedged…
Ethereum price began its recovery from the $2,940 support. ETH could gain bullish momentum if it breaks the $3,055 and $3,080 resistance levels. Ethereum found support near $2,940 and began a steady increase. The price is trading near $3,030 and the 100-hourly simple moving average. On the ETH/USD hourly chart (data feed via Kraken), it has broken a major bearish trend line with resistance at $2,990. The pair needs to break above the $3,080 resistance to continue its gains in the near term. Ethereum price maintains support Ethereum price, like Bitcoin, extended losses below the $3,000 level. Finally, an uptrend…
Erik Voorhees, a prominent cryptocurrency figure and former CEO of cryptocurrency exchange ShapeShift, has launched a privacy-focused artificial intelligence platform called Venice. Venice provides services such as generative conversations and image creation, but does not hold user data. Venice also aims to omit all forms of censorship from its platform. Voorhees serves as the company’s CEO, while Teana Baker-Taylor, a former vice president at stablecoin issuer Circle, has taken on the COO role. Voorhees is the company’s sole investor and tells The Block that Venice has no need for external financing. The company currently employs six people. Voorhees points out…
A bullish symmetrical triangle is a continuation chart pattern seen in technical analysis that indicates that an existing upward trend is likely to continue after a period of consolidation. This pattern is characterized by a series of lower highs and higher lows converging to form a triangle. This represents a period when the forces of supply and demand are balanced, but with a bullish bias due to the prevailing upward trend.formationtrend line convergence: The pattern is formed by drawing one trend line connecting a series of increasingly lower highs and another trend line connecting a series of increasingly higher lows.…
Every year my boyfriend and his “Nature is Life” team go camping. And I always get invited. I don’t know what’s more appealing on this ‘vacation’: eating canned beans or urinating in a hole you dug yourself. Oh, and it’s happening in South Africa’s Kruger National Park, too. In real life, there is a Lion King, but all lions are dumb, not just Scar. Given my complete lack of interest in being exposed to malaria and extreme body odor, I thought I’d empathize with him by playing the Wild Survivor slot and seeing what all the hype about Stone Age…
London, UK, May 10, 2024, Chainwire Kintsu, a leading innovator in the DeFi space, is excited to announce the launch of its highly anticipated testnet on May 13th. This exclusive event invites a select group, including Kintsu OG, to pioneer a new era of liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless layer 1 blockchain that combines Proof of Stake (PoS) consensus mechanism and Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Advanced privacy features include zero-knowledge proof (ZK-SNARK) and secure multi-party computation (sMPC) within the Liminal privacy layer. About Kintsu Kintsu aims to…
Ethereum has received a lot of criticism recently, and as a result, the price of ETH has been lower than other altcoins. However, Ryan Berckmans, a prominent contributor and investor in the Ethereum community, boldly claims that we are entering the “Ethereum Era,” an era that could redefine the hierarchy of blockchain technology. Berckmans said his insight X brought a mix of enthusiasm and skepticism to the cryptocurrency community. Berckmans argues that Ethereum’s underlying fundamentals remain very strong despite facing several challenges. He provides counterpoints to each, highlighting Ethereum’s continued strength and potential while directly addressing common investor concerns. “The…
Bitcoin price found support near $60,600. BTC is recovering, but bears may remain active near the $63,200 resistance zone. Bitcoin tested the $60.60 support zone and began a recovery. The price is trading near $63,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $62,000. The pair could gain bullish momentum if it closes above $63,200 and the 100-hourly simple moving average. Bitcoin price recovery begins Bitcoin price extended losses below the $62,000 and $61,200 levels. The upside finally emerged…
Bitcoin (BTC) returned to $63,000 on May 10 as indirect liquidity thickened past $100 million.BTC/USD 1-hour chart. Source: TradingViewBitcoin liquidity war is heating upBTC/USD soared to a local high of $63,876 on Bitstamp before consolidation, according to data from Cointelegraph Markets Pro and TradingView.BTC price action improved overnight after hitting lows below $61,000. This is a weakness that persists despite the country’s high unemployment rate.After analyzing the current state of the order book, trading resource key indicators indicated a significant accumulation of liquidity just above the spot price.Between $63,000 and $65,000 per data from FireCharts proprietary trading tool, the total…