join us telegram A channel to stay up to date on breaking news coverage Cilinix Crypto reviewed 5th Scape, a platform that claims to be changing the way people view, interact with and benefit from games, highlighting its high return on investment potential for buyers. By seamlessly combining these technologies with blockchain, 5th Scape has created a powerful play-to-earn platform that captures the attention of the cryptocurrency community with a timely focus on the widespread popularity of virtual gaming. 5th Scape Large-scale pre-sale success and future vision 5th Scape has already seen impressive traction in ongoing presales, raising more than…
Author: Crypto Flexs
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Cryptocurrency has surged in popularity as an investment asset, attracting attention from ordinary investors to large institutional investors with the launch of numerous Bitcoin ETFs. This increased interest makes it important to have a thorough understanding of the different investment strategies available and the benefits and risks of each. In this article, we look at the two main ways to invest in cryptocurrency: professionally managed cryptocurrency funds and self-investing in tokens, coins, and NFTs.Many investors have strong feelings on this topic, and the anonymous and independent nature of cryptocurrency investing puts many cryptocurrency investors into the “self-investor” category. Nonetheless, some…
As the Federal Open Market Committee (FOMC) convenes today (2 p.m. ET) for a highly anticipated meeting, the stakes are high not only for traditional finance, but also for cryptocurrency markets, which are increasingly sensitive to macroeconomic signals. Kurt S. Altrichter, a renowned financial advisor, offer An in-depth analysis of the possible outcomes and their impact on X provides market players with a roadmap for what to expect. Altrichter notes that the market has shown resilience despite rate cut expectations being scaled back from six at the start of the year to just one by the end of the year.…
Share this article Bitcoin (BTC) fell to $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve, with expectations of no interest rate changes.According to the CME FedWatch tool, only 4.4% of economists expected a rate cut (the first in a decade), while 95.6% expected rates to remain stable between 525 and 550 basis points.According to Kobeissi Letter, based on current market data, there is a 36% chance that there will be no rate cut this year. Just four months ago, the probability of maintaining the…
Artificial intelligence was again the hot topic of the day in Washington, D.C., as members of the Senate Judiciary Committee heard testimony from the music industry, unions and academics about the risks generative AI presents. The session primarily focused on AI-based digital clones and deepfakes, with one musician sharing his experience with the technology.Copyright and freedom of expression protection were also key topics covered by a variety of guests, including Robert Kyncl, CEO of Warner Music Group, Duncan Crabtree-Ireland, SAG-AFTRA director and chief negotiator, and University of San Diego School of Law professor Lisa Ramsey, Digital. DiMA CEO Graham Davis…
Ethereum price began another decline, trading below $3,000. To avoid a major decline, ETH needs to stay above the $2,800 and $2,850 support levels. Ethereum began another decline and tested the $2,900 area. The price is trading below $3,120 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a bearish trend line connected to the resistance at $3,120. A break below the $2,850 support could continue the decline for the currency pair. Ethereum price plummets again Ethereum price struggled to gain speed above the $3,250 level and began another Bitcoin-like decline. ETH was…
Former Binance CEO Changpeng Zhao was sentenced to four months in prison in Seattle on Tuesday after pleading guilty to violating anti-money laundering laws.At his sentencing hearing Tuesday, Zhao apologized and said he wanted to take responsibility for his “mistakes.” He also said Binance has implemented know-your-customer and anti-money laundering programs and is cooperating with the government, as reported by The Verge.The prosecution is investigating 36 months Zhao was jailed and said he and his exchange targeted American users and intentionally violated U.S. law. “Zhao’s willful violation of U.S. law was neither accidental nor accidental,” prosecutors said in a previous…
Polkadot (DOT) is showing bearish signs below the $8 resistance level against the US dollar. If the price fails to stay above $6.00, the decline could be prolonged. DOT is pacing below the $8.80 and $8.00 levels against the US dollar. The price is trading below the $7.20 area and the 100 simple moving average (4-hours). On the 4-hours chart of the DOT/USD pair, there is a major bearish trend line forming at resistance $6.50 (data source from Kraken). The pair may continue to decline towards the $5.00 support zone. Polkadot price decline resumes After a steady rise, DOT price…
Cryptocurrency analytics firm Santiment believes that Ethereum (ETH) and altcoins associated with top smart contract platforms will alienate many traders. Santiment said he is keeping a close eye on Ethereum’s average transaction fees, which have plummeted to their lowest level since October 18, 2023. According to the analytics firm, falling gas prices are a sure sign that Ethereum is bottoming. “Ethereum’s average fee level was just $1.12 per network transaction, the lowest average daily cost since October 18. Traders historically move between sentimental cycles where they feel a cryptocurrency is ‘reaching the moon’ and sentimental cycles where they feel ‘it’s…
Polkadot (DOT) is showing bearish signs below the $8 resistance level against the US dollar. If the price fails to stay above $6.00, the decline could be prolonged. DOT is pacing below the $8.80 and $8.00 levels against the US dollar. The price is trading below the $7.20 area and the 100 simple moving average (4-hours). On the 4-hours chart of the DOT/USD pair, there is a major bearish trend line forming at resistance $6.50 (data source from Kraken). The pair may continue to decline towards the $5.00 support zone. Polkadot price decline resumes After a steady rise, DOT price…