A top analyst known for timely cryptocurrency calls warns that Bitcoin (BTC) may be witnessing a painful scenario. Alien trader Bluntz told his 254,100 followers on social media platform X that Bitcoin appears to be making an ABC correction move on the daily chart. Bluntz practices Elliott Wave Theory, which states that bullish assets typically go through a five-wave uptrend and then consolidate within ABC corrective waves. Blunts says: “The biggest pain for BTC is coming off the highs and letting everyone’s FOMO (fear of missing out) come back in and think it’s some kind of triangle breakout and BAM,…
Author: Crypto Flexs
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We are very excited to announce that. Temperature (ONDO) Now available on Kraken! Funding and Transactions Funding for ONDO is underway and trading will begin on April 11th. Add ONDO to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit ONDO only into Ethereum. Deposits made using other networks will be lost. Do you have ONDO and Kraken accounts? ⤵️ LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amounttemperatureUS Dollar, Eurothree2020 reference: Once liquidity conditions are met, trading will become available through the Kraken app and Instant Buy. (when a sufficient number of buyers and sellers enter the…
The US SEC issued a Wells Notice to Uniswap Labs, which operates Uniswap, an Ethereum-based decentralized exchange. This notice indicates the SEC’s plans to file suit against the company on matters related to the securities laws. Hayden Adams, founder of Uniswap, shared his reaction to the SEC’s warning on social media: “I’m not surprised. I’m just annoyed, disappointed and ready to fight.” Adams also argued for the legality of Uniswap products and criticized the SEC for what he sees as a selective approach to enforcement. “Our products are legal, and we are on the right side of history. However, the…
Before implementing the mechanism, Solana validators approved a proposal called “Timely Voting Credits” to reduce consensus voting latency and encourage timely voting, potentially speeding up blockchain transactions. Solana (SOL) validators voted in favor of a proposal called “Timely Voting Credits,” which aims to reduce the latency of consensus voting, potentially accelerating blockchain transactions. This proposal introduces a mechanism to encourage validators to vote in a timely manner, solving the problem of some validators delaying voting to maximize profits without penalty. Currently Solana validators receive a fixed 1 vote credit for each consensus vote they submit to the final block. However,…
In the rapidly changing world of cryptocurrency, trends come and go at the speed of light. From Bitcoin’s meteoric rise to the meme-inspired frenzy surrounding Dogecoin, investors are constantly looking for the next big thing. However, a new player in the ever-expanding world of meme coins, Hump (HUMP), is poised to capture the attention of both Shiba Inu (SHIB) and Dogecoin (DOGE) enthusiasts. Hump’s Ascension ($HUMP) Hump’s explosive entry into the cryptocurrency market has been truly astonishing, leaving even the most established cryptocurrencies in awe. In just a few days, Hump shattered all expectations and witnessed an incredible increase in…
Defi exchange Uniswap has been warned of impending enforcement action by the US SEC. On April 10, Uniswap published the Wells Notice issued by the SEC’s Division of Enforcement. The notice is part of a broader crackdown on cryptocurrencies by the securities watchdog, with Chairman Gary Gensler arguing that most digital assets issued on blockchains are subject to existing financial laws. Gensler often refers to cryptocurrencies as the “Wild West” and has been trying to dominate the industry through enforcement actions. Uniswap founder’s reaction Uniswap founder and CEO Hayden Adams wrote to X that he was annoyed and disappointed but…
Funding • April 10, 2024 3:48 PM EDT Posted 1 minute ago In ~ It’s been three months since the spot Bitcoin ETF began trading, and BlackRock’s fund appears to be on pace to surpass Grayscale as the largest cryptocurrency-based investment vehicle currently offered.As of Tuesday, BlackRock’s IBIT fund had $18.2 billion in assets under management, compared with Grayscale’s $23.2 billion, according to Trackinsight data compiled by The Block Data Dashboard. As Grayscale’s GBTC fund, which charges higher fees than BlackRock, has been steadily withdrawing capital since the start of trading, BlackRock’s ETF is also gradually narrowing the gap in…
XRP’s market capitalization is now over $33 billion. Since doing so, the cryptocurrency has continued to maintain its price in the $0.6 area. XRP recently recorded changes in market capitalization rankings, rising further within the top 10. This made it overtake USDC, the popular market stablecoin. However, despite the latest price-performance ratio, approximately 20% of altcoin supply is still unprofitable. XRP replaces USDC XRP ended the trading session on April 9 with more northward price action. Examination of the daily time frame charts shows a modest rise of less than 1%, with a trading price of around $0.61. It also…
April 8 What is a wormhole (W)? Posted at: 10:07h education Maria Lobusova Wormhole is one of the leading interoperability protocols designed to facilitate the seamless transfer of value and information across various blockchain networks. By connecting 17 high-value chains through a single point of integration, Wormhole improves the liquidity and accessibility of assets and data within the decentralized finance (DeFi) ecosystem. Solana’s architecture allows existing projects, platforms, and communities to efficiently move tokenized assets across blockchains, taking advantage of Solana’s speed and low transaction costs rather than the blockchain or token bridge itself. Wormhole’s utility goes beyond simple asset…
US Treasury Undersecretary Adewale Adeyemo proposes reforms to strengthen enforcement against cryptocurrencies, including secondary sanctions, extraterritorial jurisdiction, and new secondary sanctions tools. U.S. Treasury Undersecretary Adewale Adeyemo detailed three potential changes at a recent hearing aimed at strengthening enforcement against foreign criminals using cryptocurrencies. The aim of these measures is to strengthen authorities’ capacity to combat financial crime in the cryptocurrency sector and address the growing use of digital assets for illicit financing. The first option presented by Adeyemo is to implement secondary sanctions that explicitly target foreign providers of digital assets involved in illicit financing. By enacting secondary penalties,…