Cardano (ADA) shows a slight recovery fired The upcoming Bitcoin halving event is putting the cryptocurrency market in the spotlight and sending funds into the ADA market.The cryptocurrency community is abuzz with speculation about the potential impact of halving on various cryptocurrencies.However, with Cardano’s recent performance gaining attention, many market observers and investors are wondering where ADA will take the price after the halving.Bitcoin halving effectCardano is poised to rebound after the next fourth Bitcoin halving event scheduled for April 19-21. This is the sentiment of some market observers.Bitcoin halving event tendency It generates high interest across the cryptocurrency market…
Author: Crypto Flexs
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Bitcoin price is attempting to recover above the $66,500 resistance level. For BTC to continue rising in the near term, the $70,000 resistance needs to be cleared. Bitcoin faces many obstacles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trend line with resistance at $66,350. If it stays above the $67,000 support zone, it could start a further rise. Bitcoin price recovery Bitcoin price found support near $64,500 and began a…
Theta Labs launches EdgeCloud, a platform providing open source AI models that aims to revolutionize the AI industry by providing developers with access to cutting-edge technologies. Theta Labs is excited to announce the launch of Theta EdgeCloud, a groundbreaking platform supporting a wide range of open source AI models. The team is currently in the final stages of development and working to finalize a set of AI models that can be used at launch. With Theta EdgeCloud, AI developers have the option to select and deploy popular generative AI and large-scale language models. Notable models that will be supported include…
Pin bar candlestick patterns predict price movements and increase profit potential. It comes in four shapes: Hammer, Shooting Star, Inverted Hammer, and Hanging Man. But unpredictable markets require caution. (read more)
Naturally, projects that are unable to compete with larger competitors will try to merge their businesses to remain viable. “The next wave of M&A will likely come from sectors with a high level of fragmentation, such as layer 1 chains, DEXs, DeFi protocols, node operators, and even NFT projects that haven’t broken the top 10,” Aki said. Balogh, co-founder and CEO of DLC.Link
Cryptocurrency exchange developer Ellipsis Labs has raised $20 million in Series A funding led by venture firm Paradigm. Electric Capital also participated in the round, with additional support from Justin Drake and Mike Neuder of the Ethereum Foundation, Sreeram Kannan of EigenLayer, Anatoly Yakovenko of Solana Labs, and Uri Klarman of bloXroute. Ellipsis Labs will use the funds to continue developing its DeFi technology stack. Ellipsis Labs develops Phoenix, Solana’s on-chain order book decentralized exchange. “Ellipsis Labs started building better on-chain liquidity fundamentals 1.5 years ago.” said On social media platform X, Phoenix combines “the efficiency of order books with…
Renowned cryptocurrency analyst Jelle captured the attention of the Bitcoin (BTC) community with the following bold prediction: target The price is $82,000. In particular, despite recent struggles breaking $66,000, Bitcoin is currently hovering around $67,780, showing its resilience despite short-term declines. Will BTC soon hit $82,000? In an X post uploaded earlier today, cryptocurrency analyst Jelle shared his latest views on Bitcoin. Bitcoin target “remains the same: $82,000”, according to the analyst. It is worth noting that Jelle’s prediction is based on his observation of the formation of a “bullish pennant”, a technical pattern that suggests a potential surge in…
One veteran cryptocurrency trader thinks an Ethereum (ETH) competitor will soon attempt a “turbo send.” Anonymous digital asset analyst known as Bluntz share chart With 253,100 followers on social media platform Source: Bluntz/X NEAR is trading at $6.67 at the time of this writing. The 23rd-largest cryptocurrency asset by market capitalization is up nearly 7% in the last 24 hours. Bluntz also described the trio of Solana (SOL)-based ecosystem altcoins, including oracle solution Pyth Network (PYTH), decentralized finance (DeFi) protocol Jito (JTO), and decentralized exchange (DEX) aggregator Jupiter, as a “holy trinity.” “It’s called. (JUP). The analyst says all three…
DWS, a prominent asset manager with over $900 billion in assets under management, has teamed up with Galaxy Digital Holdings Ltd. to launch the new Xtrackers Exchange-Traded Commodities (ETC), giving investors convenient access to Bitcoin exposure in Germany. I made sure to do so.JUST IN: $932 billion asset manager DWS launches physical product. #Bitcoin ETC in Germany 🇩🇪 pic.twitter.com/e6RvMLidHY— Bitcoin Magazine (@BitcoinMagazine) April 4, 2024 “Since the first Bitcoin transaction in 2009, digital assets have evolved from a niche technological innovation to a globally recognized asset class,” said Manfred Bauer, Global Head of Products at DWS and Member of the…
Xoom, PayPal’s international payments service, allows U.S.-based users to send money abroad using PYUSD, PayPal’s stablecoin. The new option allows you to convert PYUSD to US dollars, allowing you to send money to approximately 160 countries without any fees from Xoom. Users can transfer funds directly to bank accounts, mobile wallets, and international pickup locations, but currency conversion to USD involves a markup. Eligible US customers can now transfer funds by converting PayPal USD to USD on Xoom, PayPal’s international money transfer service. This new option allows eligible U.S. Xoom users to send money to friends and family overseas without…