According to cryptocurrency traders, Bitcoin is repeating the same path it took after the Bitcoin halving in 2016, with one indicator suggesting it could be nearing a local low and another showing it could hit $350,000 at the “highest point” of this cycle. Indicates that it can be reached.Anonymous cryptocurrency trader Rekt Capital posted on “He declared.Rekt said the re-accumulation range at this point in the cycle is prices below $61,081, according to CoinMarketCap data, indicating that Bitcoin (BTC) is currently trading below $60,901.Source: Rect CapitalMoreover, Rekt emphasized that Bitcoin is currently in the “last pre-halving retracement” phase, having surged…
Author: Crypto Flexs
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In a bold move to protect the interests of the U.S. Ethereum community, Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The legal action comes in response to the SEC’s regulatory stance threatening to classify Ethereum as a security. This classification would not only hinder digital asset trading, but could also hinder the country’s utilization of Ethereum and similar blockchain technologies. The consequences of these regulatory changes extend far beyond the realm of cryptocurrency trading. This poses a serious threat to the proliferation of innovative products and technologies and potentially jeopardizes countless job opportunities in…
Ripple’s native token, XRP, has been caught in a tug-of-war between surging interest on social media and a price that refuses to ignite. While online conversations paint the picture of a vibrant community, the value of the token has plummeted, leaving investors wondering whether the rumors translate into bullish momentum. Related Reading Social media frenzy fuels XRP discussion A recent tweet from cryptocurrency market intelligence platform Santiment highlighted the surge in discussion around XRP. This increased conversation may be linked to the U.S. Securities and Exchange Commission’s (SEC) recent stance on Ripple Labs’ upcoming stablecoin, which the SEC deems an…
StaFi announced support for the EigenLayer Liquid Resale Token (LRT). This aims to improve security and efficiency across the ecosystem. EigenLayer LRT is already supported in StaFi’s LSaaS stack. StaFi, a staking infrastructure provider aiming to increase staking capital efficiency, has announced support for the EigenLayer Liquid Restaking Token (LRT). The integration of EigenLayer LRT aims to extend security across decentralized applications, allowing users to re-collateralize their staked tokens. This integration is the latest development in the ever-evolving staking protocol, following the launch of StaFi’s Liquid Stake as a Service (LSaaS) last month. LRT integration was one of the key…
According to market analysts, with the exception of Bitcoin, cryptocurrency markets could find a local bottom in June, which could signal the start of the next altcoin bull cycle. Altcoin Bottom Could Happen in June – AnalystBased on historical chart patterns, altcoins could be set to find a local price bottom in early June, according to prominent cryptocurrency analyst Rekt Capital, who wrote in an X post on May 8.“Altcoins are following the plan perfectly. Altcoins bottomed out in early February. Altcoins were sold off around the time of the BTC halving. Altcoins will hit bottom in early summer.”Altcoin hype…
Connect to the node you set up after raspibolt.org (I have a NUC, not a Raspberry, so it’s 32-bit). I connect via SSH and occasionally check the sync status. I’m not sure if I’m reading the logs wrong, but it’s permanently updated so it doesn’t stop, but it seems to be stuck in some kind of loop where the sync is always restarting. My other node synced from 0 to absolute perfection in less than 30 hours and is on the same connection. Log in via SSH and run the following command: tail -f /home/bitcoin/.bitcoin/debug.log bitcoind I’m running it as…
Binance Launchpool Launches Omni Network (OMNI) Token Binance announced the introduction of the Omni Network (OMNI) token to its Launchpool platform. This is the 52nd project introduced by Binance Launchpool. The Omni Network is Layer 1. blockchain It is designed to unify Ethereum’s rollup ecosystem into a single system. Users can earn OMNI tokens for 4 days by staking BNB and FDUSD into different pools. The farming process starts from 2024-04-13 00:00 (UTC). Binance will later list OMNI and open the following trading pairs: OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD, and OMNI/TRY at 2024-04-17 12:00 (UTC). Details…
The core concepts were proven last summer when lead developers Vitalik Buterin, Gavin Wood, and Jeffrey Wilcke launched a series of proof-of-concepts (PoCs) in Python, C++, and Go, but a lot of engineering effort has gone into strengthening these implementations. . We’re all hoping to release a stable command line client, and issues flagged by external audits are being addressed as they are discovered. A general release will follow soon after this process is complete. Meanwhile, the rest of the ecosystem continues to evolve into more sophisticated versions. One of the challenges of a project of this scope and complexity…
The value of an individual known only as “Shitoshi” invested in Shiba Inu (SHIB) has grown from $8,000 to an astonishing $5.7 billion in 2021. With the help of meme coins, many people, including Shitoshi, have become Shiba Inus. Inu is a billionaire. The focus now is on ETFSwap (ETFS), a token and possible replacement that could match Shiba Inu’s incredible ROI. Given the unique characteristics offered by the ETFSwap (ETFS) platform, it is not unexpected that investors are very bullish on the ETFS token. A Shiba Inu Billionaire’s Path to Financial Freedom Approximately 200 billion Shiba Inu (SHIB) tokens…
Pepe (PEPE) is in bullish pennant form, defying volatility, with a potential breakout expected. Kangamoon (KANG) revolutionizes the meme coin sector with its Play-to-Earn feature, SocialFi. Kangamoon’s innovative approach challenges Pepe’s resilience. Recently, PEPE has been making waves by showing resilient performance despite market fluctuations. Despite the current price drop, market analysts have noted that Pepe price predictions are optimistic. However, a new challenger, Kangamoon, has entered the arena with the aim of shaking up the meme coin sector. Let’s take a closer look at Pepe’s price predictions and see Kangamoon’s potential impact on the market. Pepe (PEPE) Price Prediction:…