BNB price has not fallen below previous lows and is showing strong signs of upward movement. After a downtrend, Binance Smart Chain’s native token is aiming for an upward bounce towards its previous highs. Technical indicators pointing to a continued upward trend for BNB Several indicators can be used to examine the charts to figure out where the BNB price is headed next. 4-Hour MACD: A technical look at the 4-hour MACD indicator shows that the MACD histogram is trending above the 0 line, with both the MACD line and the signal line crossing, pointing towards the 0 MACD line.…
Author: Crypto Flexs
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The bilateral talks aim to strengthen economic ties and AI deployment.The United States and Nigeria are deepening cooperation in the digital economy and artificial intelligence (AI), heralding a new era in their relationship focused on technological advancement and economic growth. The announcement came at the closing ceremony of the four-day National Artificial Intelligence Strategy Workshop held in Abuja. Here, the U.S. Embassy’s Deputy Chief of Mission, Arthur Brown, outlined plans for future discussions.Upcoming AI conference in LagosAccording to Brown, in the next two weeks, senior U.S. government officials will gather in Abuja for an important meeting hosted by the U.S.-Nigeria…
with Bitcoin BTC -0.010% Recent half-life It is estimated that this will occur around 9 PM ET today when miners’ block subsidy rewards will be slashed from 6.25 BTC to 3.125 BTC. We asked several companies in the industry what impact this could have on Bitcoin price action.The Bitcoin halving (or “halving” as some call it) is associated with significant fluctuations in the price of the cryptocurrency. Although not a direct cause and effect relationship, these events often occurred prior to significant uptrends in the Bitcoin market. After Bitcoin price halving. Image: Bernstein.“Historically, Bitcoin has experienced significant price increases in…
There was a time when FX investors were considered a select class who would spend significant time honing their skills, either utilizing specialized training methods or simply through numerous contacts. But if you look at them now, they are just ordinary self-taught investors.But nonetheless, to become proficient enough to know your way around this field, you will need some kind of social analysis skills to be able to take into account the numerous perceptions, knowledge and insights associated with professional traders. Therefore, the emergence of social media, especially Twitter and Facebook, has given rise to several social trading platforms and…
A preview of the new Form 1099-DA, the tax form that cryptocurrency brokers will use to record transactions involving digital assets, has been made available by the Internal Revenue Service (IRS). This form was developed as part of the Internal Revenue Service’s (IRS) ongoing efforts to increase compliance and ensure that taxpayers appropriately report income from digital assets. Form 1099-DA is expected to be available in early 2025. Brokers are responsible for preparing this form for each client selling or trading digital assets. The form requires brokers to disclose certain information, which may include token…
Currently, Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is attracting attention. Injective 3.0, a proposed upgrade to the platform, aims to revolutionize token economics by introducing deflationary measures for INJ. This upgrade seeks to address token inflation, a common problem faced by many DeFi tokens, by implementing mechanisms to control the creation of new tokens and encourage users to stake their existing INJ holdings. Injective: Creating token scarcity One of the main goals of Injective 3.0 is to increase the scarcity of INJ tokens. By reducing the token creation rate and encouraging staking activity,…
Singapore, Singapore, April 18, 2024, Chainwire At the Dubai press conference, Aethir Edge debuted as the pioneering edge computing device and first certified miner from Aethir, one of the industry’s leading decentralized cloud computing infrastructure providers together with Qualcomm. This will allow users to mine 23% of the supply of $ATH, Aethir’s native token. Integrated with decentralized cloud networks to overcome centralized barriers, Aethir Edge combines unparalleled edge computing capabilities, decentralized access, and exclusive rewards. The future of distributed edge computing is here. Aethir presented Aethir Edge powered by Qualcomm technology at its official press conference held at Token 2049…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportWelcome to the fifth era of Bitcoin.A new era of digital scarcity has begun as network programs decline for newly minted Bitcoins. As clockwork Friday, the rewards miners earn for validating Bitcoin transactions have been cut in half for the fourth time since the blockchain’s launch.Bitcoin’s so-called halving occurred shortly after 8 PM ET on Friday. As a result, miners will earn 3.125 BTC per block created until sometime in…
Tether, the world’s largest stablecoin USDT issuer, has expanded its operating structure by adding four new strategic divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. It was posted on X that it had been reorganized. Tether has added four divisions, including Tether Data, Tether Finance, Tether Power, and Tether Edu. This development is part of Tether’s plan to expand beyond its stablecoin offering. USDT’s market capitalization is currently around $107 billion, well ahead of the second-largest stablecoin, USDC. Through its new venture, Tether aims to create a forward-thinking financial and technology ecosystem, promoting financial freedom, decentralization, and widespread…
Currently, Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is attracting attention. Injective 3.0, a proposed upgrade to the platform, aims to revolutionize token economics by introducing deflationary measures for INJ. This upgrade seeks to address token inflation, a common problem faced by many DeFi tokens, by implementing mechanisms to control the creation of new tokens and encourage users to stake their existing INJ holdings. Injective: Creating token scarcity One of the main goals of Injective 3.0 is to increase the scarcity of INJ tokens. By reducing the token creation rate and encouraging staking activity,…