With Bitcoin hitting new all-time highs and closing in on the psychologically important $100,000 mark, a major topic of conversation is Ether’s underperformance compared with the rest of the market. According to CoinMarketCap, ETH dominance is down to 12.6% at the time of writing, its lowest level since April 2021. The Flippening is further away than ever, with Ether falling more than 50% against Bitcoin since 2021, even dropping below the 2016 cycle high. Bitcoin has dominated mindshare over the past year, with huge flows of institutional money pouring into the Bitcoin ETFs, says Messari co-founder and chief technology officer…
Author: Crypto Flexs
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Terrill Dickey December 4, 2024 13:42 Binance Futures announced the launch of KAIAUSDT and AEROUSDT perpetual contracts offering up to 75x leverage to enhance users’ trading options. Binance Futures will expand its trading services by launching new USDⓈ margin perpetual contracts for KAIAUSDT and AEROUSDT with leverage options of up to 75x. According to Binance, the move, which will take effect from December 4, 2024, aims to enhance the choices available to traders on the platform and improve the overall trading experience. New contract details KAIAUSDT perpetual contracts are available from 14:00 UTC, and…
Former Goldman Sachs executive Raoul Pal is taking a bullish stance on the flagship memecoin, with XRP rising more than fivefold in the last 30 days. Pal said the 1.1 million followers of social media platform The wedge pattern is characterized by converging trend lines, and is considered bullish when price breaks above the upper trend line. “Crazy banana chart.” Source: Raoul Pal/X A “banana” chart or area is a metaphor used by Pal to describe a bullish period for a cryptocurrency asset, with a yellow fruit or parabola shape that causes rapid increases in price. Dogecoin is trading at…
We are proud to announce that Kraken has again won multiple categories in the Customer Centricity World Series (CCWS). Overcoming fierce competition, this year’s award follows winning the CCWS Customer Success and Employee Experience category in 2023 and Customer Insights and Feedback in 2024. Award-winning ability to improve customer experiences through AI In the Utilization of AI in CX Europe category, we won based on our proven use of artificial intelligence to improve customer experiences. Judging criteria included measurable improvement through customer satisfaction scores, along with thoughtful integration of ethical considerations for the use of AI. The award-winning work centered…
TRX (TRX), the native token of the Tron network, rose 104% on December 3, hitting an all-time high of $0.45, drawing a ‘God Candle’. TRX is up about 140% from its November 5 low of around $0.16 and is up more than 94% over the past seven days.TRX trading at $0.38, up 70% in 24 hours, according to data from Cointelegraph Markets Pro and TradingView. TRX/USD daily chart. Source: Cointelegraph/TradingViewHigh market activity was also accompanied by a surge in TRX’s price, with daily spot trading volume exceeding $14.6 billion on December 4, a 510% increase from the previous day. This…
Dubai, United Arab Emirates, December 4, 2024, Chainwire Binary Holdings, a $16.9 billion technology leader, today announced a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm providing alternative financial solutions to cryptocurrency projects around the world. This investment will empower Binary Holdings to accelerate its mission to transform the global digital economy. With a 169 million-strong user base across multiple industries, The Binary Holdings is reshaping the way businesses, consumers and investors interact in the digital environment and is targeting 1 billion users by 2025. This collaboration will drive the expansion of decentralized…
HBAR market interest and trading volume reach record highs With buyer fatigue at the $0.4 level increasing, will the HBAR pattern for 2021 emerge? Hedera Hashgraph (HBAR) It’s done These are the main highlights of this cycle’s altcoin season. In fact, it has risen 9x over the past month, surging from $0.04 to $0.35, surpassing Bitcoin (BTC). But what was behind this amazing pump? What drives HBAR? The main driver behind HBAR’s 9x pump was massive market interest, which led to volume quickly rising past 2021 highs. According to google trendsSearch interest for Hedera increased in November, reaching an all-time…
Yorg Healer December 4, 2024 10:24 AlphaBind, developed by A-Alpha Bio, seeks to revolutionize biologics development by improving antibody-antigen binding prediction using NVIDIA and AWS technology. Antibodies have become the cornerstone of therapeutic development, primarily due to their precision in targeting specific antigens. This specificity allows them to effectively treat a variety of diseases, including cancer and autoimmune diseases, while minimizing off-target effects. According to recent studies, monoclonal antibodies (mAbs) have quickly emerged to the forefront of biologic drug approval, with the FDA approving approximately 30 new mAbs per year from 2018 to 2023.…
A cryptocurrency analyst has warned that a “flash crash” is likely after the broader cryptocurrency market saw significant gains over the past month.“It’s likely that a correction will occur and that will lead to a flash crash, leading to a massive liquidation crash across altcoins,” MN Capital founder and cryptocurrency analyst Michael van de Poppe said in a November 3 X post.Analysts say buying opportunities await.“Don’t panic. Use this as an opportunity to enter the market. They are a blessing,” added van de Poppe.A total of $618.7 million was liquidated from the cryptocurrency market in the last 24 hours. source:…
This article is also available in Spanish. Ethereum price is recovering to higher levels in the $3,500 range. ETH is showing bullish signals and may aim to move above the $3,700 resistance zone soon. Ethereum remained in positive territory, hovering above the $3,500 area. The price is trading above $3,620 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance at $3,600. A break out of the $3,700 area could start the price rise again. Ethereum price rises again Ethereum price failed to…