A widely respected cryptocurrency analyst has warned that digital asset markets could fall this quarter if the Federal Reserve starts cutting interest rates. In a new video update, cryptocurrency strategist Benjamin Cowen tells his 797,000 YouTube subscribers that if altcoins begin to crumble against Bitcoin (BTC), it could indicate a market correction may be in the offing due to recessionary pressures. “Will Bitcoin rebound after April? Will there be a rebound after the halving (April event)? I think the answer to that question depends on whether the alt/Bitcoin pair breaks down. I think we could get a summer correction if…
Author: Crypto Flexs
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Aladdin is an allegory for the millennial lifestyle, although the author certainly didn’t intend it to be. Many of them are desperately poor, living in small communal quarters with animals that do not clean up after themselves. They struggle to survive and hope that some magical event will occur and dramatically change their way of life. That magical event usually involves receiving a payout after being hit by a bus, but the genie of the lamp comes into play. But until that happens, they’ll continue to find solace in toast and the latest bingeable Netflix series. Mystery Genie Luck in…
Coinbase plans to list Shadow Token, the native cryptocurrency of ShdwDrive, a high-performance decentralized data storage network. The largest US cryptocurrency exchange announced that Shadow Tokens (SHDW) will be launched on its platform starting tomorrow once liquidity conditions are met. next presentation, Shadow Token immediately surged 20%. The token rose nearly 80% in one month. Coinbase is adding support for shadow tokens (SHDW) to the Solana network (SPL tokens). Please do not send this asset over any other network. Otherwise, you may lose your funds. Transfer of this asset is possible at: @Coinbase & @CoinbaseExch In regions where trading is…
But despite the general public’s distaste for NFTs, that hasn’t stopped the art industry from embracing them. In 2021, Christie’s auction house made history by selling Beeple’s “Everydays” collage for $69 million. Since then, the renowned company has expanded further into the cryptocurrency space, including numerous NFT auctions, investments in Web3 companies through Christie’s Ventures, and even the launch of its own NFT marketplace, Christie’s 3.0.
According to Binance, the exchange where the token first began trading on Tuesday, the mainnet for layer-1 protocol Saga has gone live and its tokens appear to be generating a huge amount of trading activity.According to Binance’s listing of the SAGA token, trading data shows the token is up more than 15,000% since early Tuesday and is trading at over $6 as of 2:03 PM ET. SAGA opened at a low of $0.40 and at one point hit a high of $7.89, according to exchange data. On its listing page, the exchange warned that SAGA tokens are currently exposed to…
Polygon CEO Marc Boiron issued another Ethereum statement, asserting that competition between layer 2 chains poses a serious risk to Ethereum. Marc Boiron, known for his outspokenness, points out that competition between layer 2 solutions is a major challenge for Ethereum. According to Polygon CEO, Ethereum’s biggest problem is how layer 2 networks compete. According to Marc Boiron, the main problem with existing layer 2 chain competitive models is low resource utilization. He believes that layer 2 chains, which are used to onboard similar programs, could be used to recruit projects from outside the Ethereum community. The Ethereum community was…
Coinbase announced plans to list Solana Network (SPL Token) asset Shadow Token (SHDW) on cryptocurrency exchanges. Trading will begin at approximately 12:00 ET on April 10, 2024, subject to liquidity conditions being met. This move will allow Coinbase users to transfer and trade SHDW within regions where trading is permitted. Coinbase lists Shadow Token (SHDW) To ensure a smooth trading experience, Coinbase will initially launch trading for the SHDW-USD pair in stages once sufficient supply of the asset is available. However, users should note that they should not send SHDW over any network other than Solana. Doing so may result…
OKX has listed Foxy (FOXY) on its spot trading market, giving traders and investors the opportunity to build a vibrant community around memes. OKX, a famous cryptocurrency exchange, recently announced that it plans to list Foxy (FOXY) on the spot trading market. This exciting development opens up new opportunities for traders and investors interested in trading FOXY on the OKX platform. According to the announcement, FOXY’s schedule of activities at OKX is as follows: FOXY deposits will be available to users starting April 9, 2024 at 8:00 AM (UTC). FOXY/USDT spot trading will begin on April 12, 2024 at 8:00…
TON has reached an all-time high. Key technical indicators suggest that the price of TON may continue to rise in the near term. Increased trading activity around Toncoin (TON), the cryptocurrency linked to the popular messaging app Telegram, has seen Toncoin’s market capitalization surpass that of Cardan, according to data from CoinMarketCap. At the time of writing, TON is trading at an all-time high. The altcoin is trading at $7, registering a 36% price increase over the past seven days. In the past 24 hours, the price of TON rose 28%, and trading volume increased 578% in the same period.…
join us telegram A channel to stay up to date on breaking news coverage Brokerage Benchmark said MicroStrategy stock could rise significantly as the company is positioned to benefit from Bitcoin’s April 20 halving and strong demand from the BTC ETF. Benchmark raised its target stock price. MicroStrategy (MSTR) from $990 to $1,875 and maintain a Buy rating on the company. The raised target is based on the assumption that BTC will reach $150,000 by the end of 2025, which is an increase from the previous estimate of $125,000. MSTR price reacted positively to the report, upsurge Over the past…