According to recent on-chain revelations, the Bitcoin network has been experiencing a steady decline in high-value transactions over the past few weeks. This lackluster activity was reflected in the price of the top cryptocurrency, which struggled to break out of consolidation throughout the month of April. Last week, the price of Bitcoin struggled to stay above $67,000 despite several gains. BTC prices have since slumped, falling more than 2% over the past seven days, according to data from CoinGecko. Interestingly, recent on-chain data suggests that this disappointing price performance from the market leader may persist unless a shift is made,…
Author: Crypto Flexs
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A closely watched cryptocurrency strategist is predicting an explosive rally for one Ethereum (ETH) rival later this year. Pseudonymous analyst Altcoin Sherpa says 215,500 followers on social media platform “SOL: In my opinion, averaging with SOL is never a bad idea. I think it will be over $500 by the end of this year. Anywhere from $130 to $110 would be a gift (I’m not expecting it yet).” Source: Altcoin Sherpa/X Looking at the trader’s chart, the key Fibonacci levels he is closely watching for a possible retest are $138 and $116. At the time of writing, Solana is trading…
According to recent on-chain revelations, the Bitcoin network has been experiencing a steady decline in high-value transactions over the past few weeks. This lackluster activity was reflected in the price of the top cryptocurrency, which struggled to break out of consolidation throughout the month of April. Last week, the price of Bitcoin struggled to stay above $67,000 despite several gains. BTC prices have since slumped, falling more than 2% over the past seven days, according to data from CoinGecko. Interestingly, recent on-chain data suggests that this disappointing price performance from the market leader may persist unless a shift is made,…
Grand Cayman, Cayman Islands, April 22, 2024, Chainwire Alibaba Cloud, AngelHack, and dWallet are among the latest sponsors of the global event. Sui, a layer 1 blockchain with industry-leading performance and infinite horizontal scaling, has received funding for Sui Overflow, the first global virtual hackathon focused on building exciting products on Sui. This has doubled in recent weeks as passionate supporters donate funds. Initially set at $500,000, after receiving significant support from external backers, Sui Overflow’s funding pool swelled to $1,000,000. A sizable reward pool attracts builders from around the world to build their projects on the Sui Network and…
Telegram-based game goes viral after attracting around 35 million players in first three months of the year Notcoin We are preparing to launch NOT token. open network (TON) What lies ahead. Now we know what to expect from its release.Notcoin’s NOT token was expected to be launched until the end of Aprilsaid co-creator Sasha Plotvinov. decryptionGG attended Token 2049 Dubai last week. And from there, there will be three main options for handling the funds, he explained.Although the game’s “mining phase” ended on April 1 in preparation for the token launch, Notcoin plans to restart coin-tapping gameplay after its Token…
Bullish predictions for XRP price have emerged again. Bulls trying to push cryptocurrency due to a surge in prices. Cryptocurrency expert EGRAG made one of these positive predictions. price surge Huge scale. According to a recent social media post by an analyst, XRP could reach the $4 price level in the long term. Crypto Analyst Predicts 700% Bullish XRP Price Movement XRP has fallen slightly in value over the past few days as the entire cryptocurrency market consolidates in price action. XRP’s price fluctuations this year have been disappointing, especially for many of XRP’s ardent supporters. We haven’t reached $1…
As the bull market begins in earnest in 2024, the opportunity to upgrade your living space through smart investments is approaching. Some cryptocurrencies are showing significant potential for those looking to leverage their portfolios into real estate. This article presents a promising currency that could be key to achieving that goal. The focus is on understanding which options have the power to turn your investment into a significant purchase, perhaps a new home. Find out which cryptocurrencies can help you surpass that threshold. BlastUP pre-sale ends in a few weeks. Last chance to buy cheaply The BlastUP pre-sale generated enthusiastic…
The correlation between OI, price and active addresses indicates a drop to $4.93 is likely. TON may soon begin a slow recovery, so you may not reap the rewards of late short selling. According to analysis by AMBCrypto, the number of active addresses on the Toncoin (TON) network has declined after reaching several peaks. At press time, the number of addresses active 24 hours a day was 359. However, on April 24th the number doubled, and on April 11th the indicator reached an even higher level. The increase in active addresses means that the number of unique addresses being traded…
Bitcoin is one of the most powerful decentralized systems in human history. For 15 years, blockchain progressed block by block, with only two outages in the first few years. These outages were handled very quickly by developers who reacted the moment they occurred. Aside from that, it’s ticking along without interruption, generating blocks roughly every 10 minutes. This reliability sets the gold standard of expectations for Bitcoin users, encouraging them to view Bitcoin as a completely unstoppable system. In many people’s minds, Bitcoin has already won, and the world is catching up to that realization. As many people have said,…
CoinDesk 20 tracks the best digital assets and allows you to invest in multiple platforms. The broader CMI is made up of around 180 tokens and seven crypto sectors, including currencies, smart contract platforms, DeFi, culture and entertainment, computing, and digitalization.