In the ever-evolving world of cryptocurrency investing, technical analysis continues to play an important role in shaping investment sentiment and market trends. Amid the volatile environment, an analyst known as the Charting Guy has garnered attention for his bold predictions about the future of two major digital assets: XRP and Stellar (XLM). Will the face of the XRP rally “melt”? Charting Guy’s recent tweet made waves as he declared that XRP and XLM investors would soon witness a “melting face” as they identified a potential $13 move. This provocative statement highlights his confidence in the bullish surge he predicts for…
Author: Crypto Flexs
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Bitwise is eyeing Exchange Traded Products (ETPs), focusing on layer 2 solutions for Ethereum, and CIO Matt Hougan is confident in the potential of the ecosystem. Bitwise, a leader in cryptocurrency asset management, seeks to capitalize on the growth of Ethereum’s layer 2 network and applications. The company is considering introducing an exchange-traded product (ETP) that would provide investors with exposure to these cutting-edge technologies. Matt Hougan, Chief Investment Officer at Bitwise, expressed optimism about the potential of Ethereum’s layer 2 solutions. These solutions are designed to increase network scalability and reduce transaction fees, which have been a major obstacle…
join us telegram A channel to stay up to date on breaking news coverage Jito price prediction resumes its upward trend after crossing the critical barrier of $3.17 and reaching a daily high of $3.85. Jito Price is poised for a dynamic surge. Zito price formed a round bottom pattern from December 9, 2023 to March 16, 2024. However, retracements observed since mid-March suggest that this pattern is likely to transform into a bullish pattern known as the “cup and handle.” ” Jito forecast statistical data: Current Jito price – $3.83 Jito market capitalization – $483.9 million Zito Circulation Volume…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. With the second quarter of 2024 beckoning with pivotal events such as the Bitcoin halving and potential Ethereum ETF development, DeeStream has emerged as having outstanding growth potential in contrast to the challenges expected for USDT and FIL. The second quarter of 2024 appears to be a jam-packed period for investors to navigate. On one side is the Bitcoin (BTC) halving and the potential approval or rejection of the U.S. spot Ethereum (ETH) ETF. This promises to be a…
Global digital asset exchange Crypto.com announced Tuesday that it will launch retail trading services in Korea on April 29. Crypto.com’s Korean trading platform will fill the shoes of OK-BIT, a locally licensed cryptocurrency exchange that said it was discontinuing its services. Crypto.com acquired OK-BIT in 2022.“We are excited to launch the Crypto.com app for retail users in Korea. “Korea is a very important market for our business growth and one where consumers are very interested in cryptocurrency,” said Eric Anziani, President. Chief Operating Officer of Crypto.com presentation.Crypto.com’s Korean platform follows strict regulations set by local authorities for cryptocurrency exchanges. A…
In a deep dive into the future of Ethereum, co-founder Vitalik Buterin said: detailed It is an ambitious plan to improve the protocol and ease the burden on node operators. Dubbed “The Purge,” this multi-pronged plan aims to streamline network operations and security by eliminating obsolete features and introducing several Ethereum Improvement Proposals (EIPs). Through a series of technical improvements and optimizations, Buterin pursues not only simplification but also profound advancement of ETH in operational dynamics. The Wider Purge: The Big Cleanup At the core of The Purge is EIP-6780, from the Dencun hard fork, which dramatically reduces the functionality…
Dogecoin is consolidating gains in the $0.230 area against the US dollar. DOGE will need to stay above the $0.1750 support area to start a new increase. DOGE struggled to stay above $0.225 and revised gains against the US dollar. The price is trading above the $0.1750 level and the 100 simple moving average (4-hours). A break occurred below the main bullish trendline with support at $0.2040 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). Unless it closes below the $0.1750 support, the price may rise again. Dogecoin price approaches key support After a steady increase,…
The Tron Foundation has dismissed its SEC lawsuit, claiming that U.S. regulators abused their power by targeting overseas digital asset offerings. The Tron Foundation, known as an important presence in the blockchain and cryptocurrency fields, is currently engaged in a legal battle with the U.S. Securities and Exchange Commission (SEC). The argument centers around a lawsuit filed by the SEC, which the Tron Foundation argues should be dismissed for infringement of jurisdiction. In recent years, the SEC has stepped up investigations and regulatory actions against various players in the cryptocurrency industry, alleging violations of securities laws. The lawsuit against the…
Blockchain platforms have evolved tremendously due to the influence of Bitcoin. Major crypto players such as Bitcoin and Ethereum have massive market shares, but they have some notable issues that are of serious concern.Latest Ethereum gas price soaredand bitcoin transactions slow down Due to network congestion. Alternatives such as Avalanche (AVAX) have evolved in the cryptocurrency landscape to overcome the limitations of previous blockchain networks.The avalanche Becoming more relevant This is true in the financial industry, especially the DeFi sector, which is becoming more integrated into people’s lives. One of the most notable projects in DeFi is the Avalanche network,…
Singapore, Singapore, April 2, 2024, Chainwire Ethlas, a pioneer in the Web3 gaming industry, announced its groundbreaking SkillFi model alongside its flagship game Battle Showdown: Gambit. The game is set to foster a sustainable economic ecosystem within the game by helping players monetize their skills. Gambit Ecosystem Battle Showdown: Gambit introduces a unique economic model that unites players and backers (bit holders). Players are rewarded proportionally to their in-game performance, ensuring that their best skills translate into real-world value. At the same time, Bit holders can earn Bits to invest in players and share success through a profit sharing mechanism.…