Ethereum price is attempting a new uptrend beyond the $3,400 area. For ETH to continue rising in the near term, the resistance at $3,580 needs to be cleared. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance at $3,400. If it settles above the $3,500 resistance zone, it could continue to rise. Ethereum Price Eyes Fresh Increase Ethereum price remained stable above the $3,250 support zone. ETH formed…
Author: Crypto Flexs
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Funding • March 29, 2024 10:57 AM EDT Posted 1 minute ago In ~ Grayscale announced the launch of a ‘Dynamic Income Fund’ focused on investing in proof-of-stake tokens. Posted on On Friday.Grayscale said in its description that the fund, named GDIF, is for accredited investors with net assets of at least $2.2 million.The company also said that GDIF will be a product of Grayscale. “It is the first actively managed investment product.” Grayscale said in a statement that the financial product will aim to “optimize income in the form of staking rewards associated with proof-of-stake digital assets.” The fund…
BOOK OF MEME (BOME) experienced an impressive surge following its Binance listing. PEPE has also surged and whales are increasing their confidence through large-scale investments. Meanwhile, a new cryptocurrency, Milei Moneda (MEDA), is also making waves for offering exclusive NFTs, voting rights, 100% ROI potential, and more. BOOK OF MEME (BOME): Price surge due to Binance listing BOOK OF MEME (BOME) has enjoyed a remarkable rise since its launch on March 14th. The cryptocurrency soared a whopping 1,384%, reaching $0.013 on March 25. This surge was caused by the massive hype surrounding this new cryptocurrency. One particular factor that has…
AIOZ Network collaborated with Alibaba Cloud to mark a pivotal moment for Web3 capabilities in the region. This partnership focuses on the Alibaba Cloud Singapore Innovation Accelerator. We focus on providing technical and financial support to selected Web3 projects, appointing AIOZ Network as our main blockchain partner. AIOZ Network cooperates with Alibaba This collaboration aims to go beyond financial and technical support. The strategic plan aims to establish a DePIN Alliance in Southeast Asia. This initiative seeks to improve infrastructure services related to AI, storage, and streaming. It is a critical component for the development and deployment of Web3 technologies.…
Some Nigerians were shocked when cryptocurrency exchange Binance announced that it would suspend all services in Nigeria until March 8. Despite being scrutinized by regulators prior to the announcement, many people still wondered how the largest cryptocurrency exchange could disappear from the world’s fastest-growing Bitcoin market. quantum. I’ve been predicting this for years, so I’m not shocked. Entrepreneurs in the Global South are under attack, and the front line is the currency war that is unfolding before our very eyes. I founded NoOnes, a peer-to-peer Bitcoin trading platform based in the Southern Hemisphere, because I foresaw the problems facing the…
Litecoin’s price reached an eight-month high of $106.2 on March 29, and recent trends observed among miners and speculative traders suggest further gains to come. On March 29, Litecoin emerged as the best-performing asset in the top 20 cryptocurrency market rankings after posting a 12% gain in a frenzied 12 hours. On-chain data trends pinpoint the key drivers of the ongoing Litecoin price surge and how speculative traders are betting on LTC over the next few days. Litecoin miners leading the rally The price of Litecoin has been declining since the third halving ended on August 2 last year. Halving…
In separate filings, Tigran Gambaryan, head of financial crime compliance at the world’s largest cryptocurrency exchange, and Nadeem Anjarwalla, regional manager for Africa, filed a petition to the Federal High Court in Abuja to release them from the authorities. They called for an order to return their passports and issue public identification cards. The leadership apologized, it said, citing Nigeria’s state-run news agency.
Bitcoin price failed to recover above the $68,000 resistance zone. BTC is slipping and may fall back towards the $62,000 support area. Bitcoin price started a significant rise but struggled near $68,000. The price is trading below $66,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a short-term bearish channel or bullish flag forming, with resistance at $66,200. The pair needs to pass the $66,200 resistance area to start a new advance. Bitcoin Price Faces Hurdles Bitcoin price attempted a significant recovery above the $65,000 resistance zone. BTC has surpassed…
Posted 1 minute ago In ~ 1kx raised $75 million and recently investors are embracing the cryptocurrency industry once again. The investment firm completed the first closing of its new oversubscribed closed-end fund on Thursday, a company statement said. Marc Andreessen and Chris Dixon of Marc, as well as Accolade Partners and Galaxy Digital, also participated in the round. The company said the closing brings 1kx to $275 million across its two funds since the cryptocurrency bear market began about two years ago. The latest funding will be allocated to providing technical support, financial resources and infrastructure support to early-stage…
British judge James Mellor has ordered $7.6 million in assets frozen by Craig Wright, a controversial figure who claims to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The decision follows a heated legal battle with the Crypto Open Patent Alliance (COPA), which has challenged Wright’s claim to be the creator of the cryptocurrency. Craig Wright Hit With Asset Freeze The court’s decision was based on the overwhelming evidence presented in the joint trial, with Judge Mellor concluding that Wright was not in fact the creator of Bitcoin. The ruling came as part of a broader copyright and database rights…