Avalanche (AVAX) price has moved lower this month after testing the lower trendline of the rising channel for several weeks. However, investors appear to be focused on turning resistance back into support as they target profits rather than losses. green flag for avalanche Avalanche’s price points to growth potential due to the rise in conviction observed among AVAX holders. This is evident in the shift in supply from small and mid-cap holders to long-term holders who are known to maintain supply for at least a year. Over the past three weeks, AVAX holders have accumulated more than 4% of the…
Author: Crypto Flexs
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Cryptocurrency trading software provider Talos, backed by big names such as Citibank and Andreessen Horowitz (a16z), has fully acquired cryptocurrency risk management platform Cloudwall.While the size of the deal was not disclosed, Talos said Cloudwall will enhance its existing cryptocurrency portfolio management system to help institutional clients manage risk and optimize their portfolios.“While Cloudwall’s focus is largely rooted in building the tools institutions need to manage their digital asset portfolios, Talos provides not only trading technology but also complementary elements of a PMS: portfolio engineering tools for portfolio construction and tools for P&L. “So this acquisition was a natural progression…
Ethereum saw a significant drop in open interest in April after the $3.7,000 rejection. On-chain indicators remain good, suggesting a possible upward trend. Ethereum (ETH) was trading at $3.2,000 at press time. The $4,000 psychological level has been violated several times in lower periods since April 13, and sentiment towards the altcoin king has weakened significantly. This is evident from the sharp decline in open interest behind ETH. Looking at the price trajectory over the past few weeks, a downward trend seems possible. However, there was also a possibility of a bull resurgence with $3,000 being defended on a higher…
OpenSats, a non-profit organization that supports the development of free and open source software and projects focused on Bitcoin, today announced that it has received a $1,000,000 donation from the Reynolds Foundation. OPENSATS Receives $1,000,000 Donation from Reynolds FoundationThe Reynolds Foundation is supporting OpenSats with a generous gift of $1 million. "Fellow philanthropists are warmly invited to support this groundbreaking effort."https://t.co/NdcBcvc5rQ— OpenSats (@OpenSats) April 22, 2024 “As new supporters of OpenSats, we deeply appreciate the opportunity to join a community that champions the acceleration of freedom while demonstrating transparency, professionalism, and inclusivity.” Dr. Álvaro Salas-Castro, President and CEO, Reynolds Foundation.…
summary: Improper implementation of BLOCKHASH can cause chain reorganization, leading to consensus issues. Configurations affected: All geth versions up to 1.1.3 and 1.2.2. All eth versions prior to 1.0.0. What could happen: low Severity: middle effect: middle Details: Both the C++(eth) and Go(geth) clients incorrectly implemented edge cases of the Ethereum virtual machine, specifically the chain that the BLOCKHASH instruction uses to retrieve block hashes. This edge case is highly unlikely to occur on a live network because it is only triggered by certain types of chain reorganizations (contracts executing BLOCKHASH(N – 1)). Here, N is the head of a…
Bitcoin price continued its upward trend and surpassed the $66,000 resistance zone. BTC is currently showing positive signs and could find bids close to $65,500. Bitcoin rose above the $65,500 resistance zone. The price is trading above $65,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a key bullish trendline with support at $65,700. A downward correction is possible, but the bulls could remain active near the $65,500 support. Bitcoin price rise Bitcoin price began a new rise above the $64,500 and $65,000 resistance levels. The BTC rally also pushed…
<!–Listen to this article –> The evolution of the internet has brought about significant changes in the way we interact, transact, and communicate online. From the early days of static web pages and limited interactivity (Web 1.0) to the era of dynamic content and social networking (Web 2.0), the internet has continuously evolved to meet the growing demands of users. Now, with the emergence of blockchain technology, we are witnessing the transition from Web 2.0 to Web 3.0 – a decentralized and trustless internet where users have more control over their data and digital assets. One of the key components…
Two executives at Bitcoin mining equipment maker Canaan say the company is “severely undervalued” and have staked at least $2 million worth of the company’s stock, expecting “more opportunities to emerge” after the top cryptocurrency’s block rewards were halved. I’m trying to purchase it.The Nasdaq-listed company said this: name On Monday, Canaan’s Chairman and CEO Nangeng Zhang and the company’s Chief Financial Officer James Jin Cheng plan to jointly purchase more than $2 million of the company’s Class A common stock, represented by American Depositary shares. “We believe the company is seriously undervalued, providing a rare investment opportunity that we…
Animoca Brands Japan, a subsidiary of Animoca Brands, has signed a memorandum of understanding (MOU) with Square Enix to support marketing of the upcoming game Symbiesis and its associated NFT collection. Square Enix, known for popular games such as Final Fantasy and Kingdom Hearts, will leverage Animoca’s Web3 experience to accelerate Symbiesis’ international expansion. (…)
Venezuelan state-owned oil company PDVSA is reportedly planning to increase its use of cryptocurrency for crude oil and fuel exports as the United States strengthens oil sanctions against Venezuela. Venezuela’s PDVSA, the world’s fifth-largest oil exporter, is switching to the stablecoin Tether (USDT) for fuel exports after the U.S. government reimposed sanctions over a lack of electoral reform, Reuters reported, citing sources. I am well aware of the issue. Although PDVSA’s frequency of cryptocurrency usage remains unclear, insiders suggest that the company has been gradually converting its oil sales to USDT since last year. Venezuelan Oil Minister Pedro Telechea acknowledged…