Ethereum price has begun a recovery above the $3,000 area. ETH has now surpassed the 100-hour simple moving average and faces a hurdle. Ethereum found support at $2,820 and began a recovery. The price is trading above $3,100 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $3,110. A break above the $3,165 resistance area could provide bullish momentum. Ethereum price is holding steady Ethereum price remained stable and, like Bitcoin, began a recovery above the $3,000 level. ETH was able to clear the $3,050 and…
Author: Crypto Flexs
Read More
Cred’s bankruptcy brings serious doubts to the surfaceThree former executives of now-bankrupt cryptocurrency lender Cred have been indicted on charges of wire fraud and money laundering, the U.S. Attorney’s Office for the Northern District of California announced. The charges come after the company declared bankruptcy in November 2020, sparking widespread concern and investigation.Billing DetailsProsecutors issued a statement on May 3, emphasizing the seriousness of the charges and their commitment to maintaining market integrity. Former CEO Daniel Schatt and CFO Joseph Podulka each face 13 charges, including wire fraud and money laundering. CCO James Alexander was indicted on four counts in…
The analyst, who continues to build a following through timely cryptocurrency calls, says his radar is fixed on three altcoins. pseudonymous trader The Crypto Dog says The 776,300 followers of social media platform “I think it’s NEAR. WIF and PEPE are my golden tickets right now.” Cryptocurrency Analyst On Near (NEAR) Called He unloaded some of his Bitcoin (BTC) and Ethereum holdings to accumulate ETH rivals. “You may have seen me trying NEAR last month. It didn’t resolve the overall market downturn, but it maintained a hunch that better performance would occur when the bottom was reached. I moved chunks…
press release. AE ABU DHABI, May 6, 2024 – With the bull market resurgent in 2024 and Bitcoin surging past $72,000, demand for sophisticated market making has surged. Coinrate.pro has emerged as a pioneer with an innovative market-making strategy and forward-looking vision. Sergey Smotrov, CEO of Coinrate.pro, said the company’s (…)
Share this article The Bitcoin network today achieved a significant milestone by processing its one billionth transaction, marking a significant event in the cryptocurrency’s roughly 15-year history.This milestone was achieved when transaction #1,000,000,000 was mined with block 842,241 on May 5, 2023 at 9:34 PM (UTC).This landmark event comes 15 years, 4 months, and 4 days after Satoshi Nakamoto, the pseudonymous creator of Bitcoin, mined the network’s first block on January 3, 2009. Over a period of 5,603 days, Bitcoin processed an average of 178,475 blocks per day. work.However, this number of transactions does not include transactions made on the…
Cryptocurrency and NFT The gaming space is busier than ever these days, with big name games starting to release, token airdrops piling up, and other things happening seemingly constantly. It’s a lot to take in!luckily, decryptionGG is everything. And if you want to stay up to speed on the latest trends in cryptocurrency video games, we’re happy to introduce you to Crypto Games of the Week.Weekend Tips brings you the biggest news from the past week along with a few other stories you might have missed. We’re also featuring a few original stories of the week.biggest newsSaga airdrop is getting…
Bitcoin price began to rise steadily above the $62,500 resistance level. BTC is again struggling to clear the $64,500 and $65,000 resistance levels. Bitcoin is showing positive signs and faces a hurdle near $64,500. The price is trading above $62,500 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 $62,800. The pair may have trouble breaking the resistance levels of $64,500 and $65,000. Bitcoin price faces resistance Bitcoin price found support near $56,500 and began a significant rise. There was a clear move above…
Bitcoin price began to rise steadily above the $62,500 resistance level. BTC is again struggling to clear the $64,500 and $65,000 resistance levels. Bitcoin is showing positive signs and faces a hurdle near $64,500. The price is trading above $62,500 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 $62,800. The pair may have trouble breaking the resistance levels of $64,500 and $65,000. Bitcoin price faces resistance Bitcoin price found support near $56,500 and began a significant rise. There was a clear move above…
Whales have amassed $9 million worth of ERC-20 tokens. Pepe and LINK showed more positive price trends than UNI. Significant whale accumulation has been recently seen in Pepe (PEPE), Uniswap (UNI), and Chainlink (LINK). While UNI showed a clear price trend, PEPE and LINK showed similar price movements. Another thing these assets have in common is that they are all ERC-20 tokens. Sustained accumulation and price trends are considered bullish signals that could impact the Ethereum (ETH) network. Whales Accumulate Pepe, Chainlink, and Uniswap According to data from Look on chainWhales engaged in significant accumulation activity on May 4th, acquiring…
Bitcoin’s most popular testnet is in dire need of a reboot due to a “block storm” and projects that could charge users for testnet Bitcoin (TBTC), said the co-founder of Bitcoin storage company Casa. Jameson Lopp said:In a May 4 essay titled “The Sorrows of Bitcoin’s Testnet,” Lopp wrote that the Bitcoin Testnet (TBTC) has crashed in part due to ongoing “block storms” caused by the testnet’s unique consensus mechanism. It was argued that it should be reset to . The Bitcoin mainnet produces an average of 144 blocks per day, but the testnet, which has “slightly different consensus rules,”…