Author: Crypto Flexs

Bitcoin price found support at $61,800 and recovered to higher levels. BTC surged to $64,500 and is currently consolidating gains above $63,500. Bitcoin began another rally after finding support near $61,800. The price is trading above $63,500 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 $63,250. To continue rising in the near term, the pair needs to stay above the $63,200 support zone. Bitcoin price is holding steady Bitcoin price began another decline below the $63,500 pivot level. BTC…

The concept of modular blockchain is becoming a new narrative for network scalability and blockchain infrastructure. The next evolution of blockchain allows for a principled separation of concerns design for throughput scaling. This can be done while ensuring that the network is trustless and decentralized. Modular blockchains can break the link between computational and verification costs. Earlier this month, Volt Capital conducted an in-depth analysis of modular blockchains. An in-depth analysis of these is beyond the scope of this article, so let’s cover the basics. 1/ Blockchain modularity: Early days, but in-depth analysis of mental models, current architecture, market environment,…

April 29, 2024, London, UK, Chainwire An interesting new meme coin, $ROCKY, recently debuted on the Base network. Skel.eth, the founder of MetaWin, launched its coin last weekend. Interestingly, the coin was named after his Pomeranian dog named ROCKY. In just 30 hours after launch, $ROCKY achieved an impressive market cap of $4.6 million, and the MetaWin team is optimistic about further growth thanks to the enthusiastic support of the MetaWin community. “It started as an experiment ahead of the $MWIN token sale.” Skel.eth, founder of MetaWin and the creative force behind $ROCKY, said: “It’s going pretty well so far!…

The presence of MEV bots on the Solana network has increased significantly. While interest in NFTs has decreased, overall sentiment has decreased. There has been a surge in activity on the Solana (SOL) network over the past few months. This surge in activity can be partially attributed to the overall interest in memecoin on the network. MEV bot takes over However, much of this activity was driven by MEV bots. Solana has surpassed Ethereum in MEV going to validators over the past two weeks, according to new data. MEV bots are software programs that scan the blockchain for profitable opportunities…

April 29 Tether (USDt) available for TON deposits and withdrawals on Bitfinex Posting time: 13:50h From media materials by admin Road Town, British Virgin Islands – April 29, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, announced today that customers can now deposit and withdraw Tether tokens (USDt) on Bitfinex’s Open Network (TON). This means that you no longer need to rely on external third-party wallets to use USDt in TON, you can simply use your Bitfinex account. In 2018, Telegram unveiled TON (Open Network), a decentralized network for the existing Internet using blockchain technology. TON not only…

PepeCoin ($PEPECOIN) Launches Kek Bot, the Best Trading Bot – Chainwire housenewsroomPepeCoin ($PEPECOIN) has launched Cake Bot, its premier trading bot. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences…

The second largest cryptocurrency token by market capitalization, Ethereum (ETH), finally showing some form of life as it rose to $3,300 over the weekend. This movement is considered a full-fledged start. trend reversal For crypto tokens, there are several bullish signals on the charts. Ethereum has a bullish chart. Crypto analyst Derek revealed this on X (formerly Twitter). post Ethereum’s signal is Moving average convergence/divergence (MACD) The indicator said, “It appears that the decline has ended and has turned to an upward direction.” He also emphasized: Ethereum dominance chartIt confirmed three bottoms and showed a strong rebound. The analyst explained,…

Ethereum price struggled to recover above $3,350 and corrected its upward trend. ETH is consolidating near $3,200 and faces many obstacles. Ethereum began another decline and tested the $3,120 area. The price is trading below $3,220 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term ascending channel with support at $3,170. The pair could continue to fall if it trades below the $3,170 support. Ethereum price faces an uphill climb Ethereum price failed to settle above the $3,250 level and began another Bitcoin-like decline. ETH was trading below the $3,200 level…

Six spot Bitcoin and Ether exchange-traded funds officially debuted on the Hong Kong Stock Exchange today. This is Asia’s first spot cryptocurrency ETF listing. The region continues its efforts to become a cryptocurrency hub.The Hong Kong Exchange and Clearing Company (HKEX) today listed six ETFs, including Bosera HashKey Bitcoin ETF (3008.HK), Bosera HashKey Ether ETF (3009.HK), ChinaAMC Bitcoin ETF (3042.HK), and ChinaAMC Ether. ETF (3046.HK), Harvest Bitcoin Spot ETF (3439.HK) and Harvest Ether Spot ETF (3179.HK).Hong Kong earlier this month Approved several spot Bitcoin ETFs and spot Ether ETFs. It is managed by China Asset Management, Harvest Global, Bosera and…

Next up is a session called “Why Brands Should Embrace WEB3.” It was hosted by Marissa Trew, Chief Content Officer at Blokhaus, on the first day of the conference, Thursday the 14th at 4pm EST. If you do not have a chance to participate in this event, GeckoCon Conference, which you can read in this article. The session discussed the topic of how to engage your audience with Web3. We explored blockchain, metaverse, and NFT. The panel talked about gaining a competitive advantage. Businesses can use Web3 to connect with their audiences. Speakers include: Sébastien Borget – Co-founder and COO…