Solana (SOL) has had an explosive start to 2023 after struggling through most of the previous cryptocurrency bear market. The so-called “Ethereum killer” has surged from less than $10 at the end of 2022 to over $116 at the time of this writing. This represents a whopping 10x profit over the course of a year. As SOL appears to be mimicking the Ethereum bullish fractal, speculation is heating up as to how high Solana can run this cycle. Here we take a look at Solana’s background, what’s driving a parabolic price increase in 2023, theoretical future price targets based on…
Author: Crypto Flexs
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Mt. Gox appears to have begun repaying some creditors after becoming the trustee of a defunct Bitcoin exchange. I said it last month He promised to repay his creditors in cash soon.on reddit lineSeveral users, who appear to be creditors of the defunct Bitcoin exchange, today filed a lawsuit against Mt. Mt. via PayPal. Gox said he received the payment.“I just got paid,” said one user, Free-End2543. wroteI am attaching a screenshot of the email notification from PayPal. “I just received my initial payment via PayPal!! “It was definitely a phishing attempt in my email, but there was no legitimate…
Shiba Memu is set to make its market debut as the SEC sets a deadline for ETF amendments. SHMU pre-sale ends on December 30, 2023, after which it will debut on cryptocurrency exchanges. The SEC has asked spot Bitcoin ETF applicants to submit final changes by December 29, 2023. Cryptocurrency markets are eyeing what could be a big hit in 2024, with optimism surrounding the SEC’s potential approval of a spot Bitcoin ETF. There’s Shiba Memu, a pre-sale token that’s about to make its market debut, along with a few attractive altcoins. Here are some highlights of the latest cryptocurrency…
reporter Posted on: December 26, 2023 DOT is up more than 36% over the past seven days. Several market indicators hinted at a possible price correction. 2023 is approaching, Polkadot (DOT) The ecosystem remains active with several new developments taking place. While blockchain-related developments are on the rise, DOT’s price action has also turned optimistic, recording double-digit growth. Polkadot’s development activity remains high AMBCrypto’s examination of data from Santiment shows that development activity around blockchain remains high even during the festive season. This is evident from the DOT’s development activity graph, which remained high through December 25th. Source: Santiment Polkadot…
October 25th Key Bitcoin figures unite to defend financial freedom: Freedom Statement takes center stage Post time: 12:08h From media materials Posted by Elodie Jallet To celebrate the signing of the declaration, Bitfinex presented the exclusive premiere of the documentary “Don’t Trust…Verify.” Road Town, British Virgin Islands October 25, 2023 – An impressive list of Bitcoin and blockchain experts have officially signed the Freedom Declaration, making a firm statement on financial inclusion and freedom of expression. This signature demonstrates support for the company’s Statement of Purpose, which advocates for individual financial sovereignty and the fundamental rights to freedom of speech…
Bitcoin price revised gains and tested the $42,650 area. BTC is attempting a fresh rally again and is eyeing a move above the $43,750 resistance. Bitcoin found support above the $42,500 area and started a new rally. The price is trading below $43,550 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a bearish trend line tying with resistance near $43,600. A break above the $43,750 and $44,300 resistance levels could start a new rally for the currency pair. Bitcoin price is holding steady Bitcoin price failed to break the $44,300…
Cryptocurrencies have once again shocked the world, and with open interest heating up, it is clear that risk-taking market participants will thrive over the next two years. Speculative appetite is rising, and expectations of the approval of a Bitcoin (BTC) spot ETF will likely lead to a dramatic repricing in the industry. According to many, anyone who recently bought the sold-out Solana (SOL) Saga in the US should own the phone! If Bonk (BONK) can grow 10x, a Solana phone would be worth $7,000. However, the best cryptocurrency to buy right now is Galaxy Fox ($GFOX), which is headed towards…
bitcoin BTC -1.31% While it is rare for miners to refuse to process transactions for approved addresses at the moment, there is a risk that this will become common practice in the future as regulatory pressure on the industry increases. U.S. regulators are watching cryptocurrencies and miners have reason to be cautious even if they aren’t in the crosshairs right now, according to Ben Hutten, a partner at law firm Orrick. “If a miner provides services to people on the (sanctions) list, OFAC may consider it to be providing material support to a sanctioned person, which could be grounds for…
Mt. Gox creditors have confirmed their Japanese yen refunds via PayPal after a decade of waiting. The Mt. Gox collapse in 2014 resulted in the loss of 950,000 Bitcoins, sparking years of legal battles. The extended repayment schedule may impact market dynamics in 2024. After 10 years of anticipation, creditors of the infamous Mt. Gox Bitcoin exchange have finally been repaid their locked up funds. Recent reports on social media, specifically Reddit, suggest that Mt. Gox has begun distributing Japanese Yen-denominated refunds through PayPal. This comes months after Mt.Gox hinted at BTC payouts before the end of 2023. The development…
Recent on-chain data shows a notable trend in the Shiba Inu cryptocurrency market. That said, a significant amount of SHIB has been withdrawn from exchanges since November, indicating a change in investor behavior. This movement, highlighted by cryptocurrency analyst Ali, is indicated by a decline in the ‘Exchange Balance’ metric, which tracks the total SHIB held in centralized exchange wallets. Shiba Inu Exchange balance decreases since November Analyst Ali’s observations sparked interest in the “balance of exchange” indicator for Shiba Inu. This indicator is very important because it tracks the total amount of SHIB in wallets on all centralized…