This week, the cryptocurrency market saw mixed performances among major coins. Continue reading on DailyCoin.
Author: Crypto Flexs
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James Ding 16 Aug 2024 16:23 Ethereum developers join ACDE Call #194 to discuss Pectra upgrade, EIP 7732, and reducing technical debt before the merge. On August 15, 2024, Ethereum protocol developers gathered virtually for All Core Developers Execution (ACDE) Call #194, chaired by Ethereum Foundation (EF) researcher Alex Stokes. The ACDE meeting, which takes place every two weeks, focuses on coordinating changes to Ethereum’s execution layer (EL).Pectra Upgrade and DevnetsThe call began with an update on the testing progress for the Pectra upgrade. The readiness of the EOF code change to be included…
According to a recent lawsuit, Florida resident Maria Baca believed she beat the market when she invested about $4.6 million worth of cryptocurrency through the Yobit Pro app between February and July 2023. When the app showed a balance of about $7 million, Baca tried to withdraw her funds but was told she needed to deposit an additional $500,000 for “taxes.” Baca made the deposit, but when the app asked for an additional $2 million, she began to realize something was wrong. When Baca refused to pay the additional ransom, she received “… WhatsApp messages from unidentified cybercriminals threatening to…
Crypto strategist Michael van de Poppe believes digital asset markets are just weeks away from wrapping up a months-long correction. The analyst told his 722,800 followers on social media platform X that September was a historically bullish month for cryptocurrencies. According to Van de Poppe, altcoins are already showing signs of life in Bitcoin (BTC). “The pain of the last few weeks is unfolding in the markets. September is once again the best month for Bitcoin and cryptocurrencies. BTC value is already rising slowly.” Van de Poppe shares a TOTAL3 vs. Bitcoin (TOTAL3/BTC) chart to support his bullish stance on…
Louisa Crawford 17 Aug 2024 02:16 Binance introduces Refer2Earn, a limited-time referral campaign that rewards eligible users up to 1,550 USDC, with a total reward pool of 100,000 USDC. Global cryptocurrency exchange Binance has announced a new limited-time referral campaign, Refer2Earn, which gives users a chance to earn rewards from a 100,000 USDC pool. According to Binance, the promotion, which will start on August 16, 2024 and run until September 15, 2024, aims to encourage users to invite their friends to the platform. How to participate To participate in the Refer2Earn campaign, users must…
At the time of publication, TRX was testing the major support level of $0.135. Analysts expected it to surge 100% to an all-time high of $0.27. While Tron had some major positive developments to report, its native token TRX suffered a strong downtrend. TRX experienced a 3.74% gain on the weekly chart after a market rally last week. Since forming a bullish flag earlier this month, the altcoin has seen significant upside. With the recent development and popularity of the Tron Network, analysts are keeping an eye on a major breakthrough for TRX. For example, Whales Crypto Trading shared their…
Darius Baru 17 Aug 2024 02:52 Binance Futures will launch SYNUSDT perpetual contracts on August 16, 2024, enhancing trading options by offering up to 50x leverage. Binance Futures will be expanding its trading options by launching USDⓈ-Margined SYN perpetual contracts on August 16, 2024. According to an official announcement from Binance, this new product will allow traders to utilize up to 50x leverage. Key Features and Specifications The SYNUSDT Perpetual Contract is designed to enhance the trading experience by providing traders with more choices. The contract will be officially launched at 12:30 UTC on…
Bitcoin (BTC) attempted to reclaim $60,000 for the weekly close on August 18, with “over-the-counter” BTC price action looking bullish.BTC/USD 1-hour chart. Source: TradingViewIchimoku Crossover Leads to Bullish BTC Price SignalAccording to data provided by Cointelegraph Markets Pro and TradingView, a new local high of $60,271 was recorded on Bitstamp that day.Despite the absence of traditional market traders, BTC/USD has been slowly rising throughout the weekend, with price indicators suggesting further gains ahead.Popular trader Titan of Crypto analyzed the Ichimoku Cloud on the daily timeframe and predicted that a major bullish crossover has occurred, which will likely lead to Bitcoin’s…
Ether is trading 25% above its eight-month low of $2,112 on August 5. The second-largest cryptocurrency by market cap is on the rise, up 13% over the past seven days.ETH/USD daily chart. Source: TradingViewDespite these achievements, analysts still believe that downside risks remain for Ether (ETH).“I don’t expect ETH to break $2,800-$2,900, but rather remain range bound for some time through August and September,” McKenna, a partner at Arete Capital, wrote in an August 15 post to X.McKenna cited Ether’s recent price action following a recent drop due to market maker Jump Trading dumping ETH and concerns about a global…
Every morning, I take a sip of my coffee and dive into the latest crypto news, and I am struck by the incredible energy and potential of this space. But I also notice that my heart beats a little faster, not out of fear, but out of excitement. I am talking about the untapped power of crypto hedge funds. There is a quiet storm brewing here, and I believe it could be the key to unlocking the next big opportunity in our market. Hedge Fund Edge: Why This Feels Like the Start of Something Big I’ve been in this game…