A closely watched cryptocurrency analyst believes an Ethereum (ETH) challenger is gearing up for a breakthrough rally that could see it take gains of around 200%. Trader Ali Martinez told his 37,800 followers on social media platform According to Martinez, a move above the pattern’s resistance would trigger a rally that could send the altcoin to levels last seen in April 2022. “fantasy On the weekly chart, it appears to be forming a ‘W’ pattern. If the FTM If the weekly close remains above $0.57, we will confirm this bullish formation and march towards $1.60!” source: Ali Martinez/X As of…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage We explore some of the following: Latest Cryptocurrency It was recently listed on exchanges and featured on CoinMarketCap. The cryptocurrency market is seeing an influx of new coins, some of which have the potential to deliver high returns to investors. Newly listed tokens Fame AI, Mind, and Cleo Tech boast impressive features including Tokenmonic, vast communities, and use cases. New cryptocurrency launches, listings and pre-sales today January 24th, monopoly finance The team made a groundbreaking announcement when they unveiled their new cryptocurrency platform. This innovative platform…
Donald Trump is throwing away his bags. It’s been weeks since he tried to revitalize his NFT trading card business with little success. ThirdThe former president appears to be selling off his significant cryptocurrency holdings. According to an analysis by blockchain information company Arkham, Trump began sending ETH accumulated from NFT royalties to Coinbase early this month. Over the past three weeks, he sold 1,075 ETH, for a total of $2.4 million. Arkham says Trump still holds $2.2 million in various cryptocurrencies, including $1.4 million in ETH, $649,000 in WETH, $167,000 in MAGA coins, $340 in Pepecoin, and $145 in…
Ethereum price is rising above the $2,320 resistance level. ETH is up over 5% and it looks like ETH is finally outperforming Bitcoin. Ethereum is picking up speed and is trading above the $2,300 support area. The price is trading above $2,350 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a connecting bullish trendline with support at $2,380. The pair could extend the rally towards the $2,500 and $2,550 resistance levels. Ethereum price begins a new rebound Ethereum price continued its downward trend below the $2,250 level. ETH also surged below the…
One Trading, a cryptocurrency exchange that spun off from Bitpanda early this year, We recently unveiled an upgraded platform for cryptocurrency traders.. What are the main selling points? speed. One Trading boasts on its website that it is “the world’s fastest trading venue.” Amazon Web Services tested its claim by comparing its 112-microsecond round trip with CME and the London Stock Exchange Group’s Turquoise venue. While all users have access to One Trading’s API, institutions can go one step further by purchasing colocation services to access even faster trading speeds. Josh Barraclough, CEO of One Trading, said the idea is…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. As 2024 approaches, the investment climate is optimistic, especially for cryptocurrencies. Meanwhile, three noteworthy digital currencies, Poolix (PLX), Polkadot (DOT), and Cardano (ADA), have attracted the attention of experts and investors. Pullix is a hybrid exchange that aims to democratize trading. Pullix is reinventing digital finance. The “trade-to-earn” model provides unique rewards to users who trade on the platform. Pullix also leverages AI to transform the way you trade and invest. AI tools provide deep market insights to help…
In December 2023, Ripple (XRP) executed a significant transaction involving the XRP token. The company spent 240 million XRP, worth approximately $148.8 million, to strategically manage escrow reserves. This move left 96.34 million XRP labeled “Ripple (1)” in Ripple’s main spending wallet, which aims to stabilize the XRP market, with an estimated value of $59.73 million. Ripple’s systematic management of its XRP reserves is part of a broader strategy to stabilize the cryptocurrency market. The company operates under a well-defined escrow system launched in December 2017 and is designed to issue 1 billion XRP per month. To maintain market stability,…
reporter Posted on: December 28, 2023 BNB faced resistance at $300, a one-week bearish order block. A retracement towards $260 was possible, but it is unclear whether the decline would be that large. Binance Coin (BNB) passed a significant resistance area on December 26th. It rose 14.85% from $266 to $303.2 in one day. At press time, BNB price had fallen below the $300 level. AMBCrypto reported that Binance Smart Chain (BSC) experienced a lug pull on the same day. The target token was OmniCat (OMNI), but the ramifications could extend beyond the scope of the project. BNB maintains strong…
In a year when numerous countries have adopted cryptocurrencies as a means to spur economic growth and innovation, the U.S. Securities and Exchange Commission (SEC) has faced fierce criticism from the cryptocurrency industry. Since assuming the role of SEC Chairman in April 2021, Gary Gensler’s tenure Cryptocurrency company, leader, chief executiveEven “stock.” The industry is increasingly calling for new leadership within the SEC that can support innovation and enable the nascent cryptocurrency sector to thrive. US House of Representatives Warren Davidson We have joined the chorus of voices advocating for change. declaration SEC Chairman Gary Gensler should be removed from…
Solana (SOL) has generated a ton of interest in 2021, with fans touting its ability to solve key problems in the Ethereum (ETH) blockchain. Solana is promised to be a cheaper and faster place to process transactions, a better launch pad for decentralized finance (DeFi) and other smart contract-based activities.