Bitcoin price is again attempting to break above the $68,000 resistance zone. A rally could occur if BTC clears $67,500 and $68,000 in the near term. The price of Bitcoin is starting to rise quite a bit, above $65,000. The price is trading below $65,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $65,900. Both would need to break through the $68,000 resistance area to start a new rally. Bitcoin price turns green Bitcoin price maintained support above the $64,000 resistance zone. BTC…
Author: Crypto Flexs
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Asia • March 29, 2024, 3:03 a.m. EDT Posted 1 minute ago In ~ Taiwan’s Ministry of Home Affairs has approved the local cryptocurrency industry’s application to establish an industry association as the government moves closer to regulating the nascent sector.The domestic cryptocurrency industry working group, which was formed last year to prepare for the establishment of an industry association, announced in a notice last Friday that it had received approval for its application from the government.Now, the working group must complete all preparatory work and officially establish the Cryptocurrency Industry Association by the end of June in accordance with…
Decentralized Physical Infrastructure Network (DePIN) io.net has announced Garrison Yang as its new Chief Strategy and Marketing Officer. This appointment will help the company drive growth in the DePIN segment as Yang brings tremendous experience in strategic growth at io.net. The newly appointed Yange previously worked at several blockchain-based companies, most recently serving as Vice President of Growth at Ava Labs. Other companies the executive has helped grow include Incredible Health, Meta, Monotype, and Engie, and she has advised various web3 startups. The latest appointment will be responsible for guiding io.net’s growth strategy and marketing operations with the goal of…
partCurrently, the cryptocurrency ecosystem, with tens of thousands of cryptocurrencies and more than 1,000 blockchains, is experiencing difficulties in asset management due to the lack of intercompatibility between various blockchain networks.Multichain wallets allow users to manage cryptocurrency assets across multiple blockchains through a single interface, providing a solution that improves convenience, security, and access to a wide range of DeFi applications.BitPay’s multi-chain wallet provides an all-in-one solution for users looking to streamline cryptocurrency management by simplifying the process of purchasing, storing, exchanging, and consuming cryptocurrencies across multiple blockchains. Today’s cryptocurrency ecosystem includes tens of thousands of cryptocurrencies and over 1,000…
As investors and enthusiasts brace for heightened volatility, it has become clear that the market is on the brink of unprecedented growth and a potentially fundamental paradigm shift. This bittersweet yet approaching period can be seen as the end of the infancy phase of cryptocurrencies and marks an important evolution in their history. Before we say goodbye, we should all be ready to celebrate one last dance.
XRP price is maintaining an upward trend above the $0.60 area. The price may gain bearish momentum if it closes below the $0.570 support zone. XRP faces a major obstacle near $0.6580. The price is currently trading below $0.640 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a major bearish trendline forming with resistance near $0.640 (data source from Kraken). A close below the $0.5720 support line could provide downward momentum. XRP price faces an uphill climb XRP price, which showed a steady decline, found support near the $0.5720 level. A…
Posted 1 minute ago In ~ According to local reports, detained Binance executive Tigran Gambarian has filed a lawsuit against Nigeria’s National Security Adviser and the Economic and Financial Crimes Commission for violating his basic human rights.Gambarian’s motion declared that his detention in Nigeria and the confiscation of his passport shortly after his arrival in February were a violation of the country’s constitution, which guarantees the personal freedoms of individuals, Nigeria’s Punch News reported. reported On Thursday.It is reported that the head of Binance’s financial crime compliance team also asked the court to immediately return his passport and order him…
London, UK, March 28, 2024, Chainwire metawin, A pioneering platform for on-chain prize competitions Native and Arbitrum Layer 2 (L2) blockchain networks Switches to field exchange function. This groundbreaking update represents a significant milestone in MetaWin’s quest to deliver an unrivaled gaming experience and provide users with faster transactions and significant fee reductions. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves the efficiency of its platform, but also solidifies its position as an innovator in the blockchain gaming industry. The integration allows users to easily deposit and withdraw funds on or across chains,…
HKbitEX, a subsidiary of Tykhe Capital, has been granted a Type 1 Regulated Activity License and a Type 7 Regulated Activity License for its virtual asset trading platform, becoming the first fully licensed digital finance group under the new licensing regime. This demonstrates HKbitEX’s commitment to regulatory compliance and investor protection. Hong Kong-based digital asset trading group HKbitEX has received provisional approval from the Hong Kong Securities and Futures Commission (SFC) for its virtual asset trading platform (VATP). Approvals include a Type 1 Regulated Activity License for trading securities and a Type 7 Regulated Activity License for providing automated trading…
There is no shortage of innovation and technological advancements in the cryptocurrency space, and one project that continues to evolve is Ethereum, which has established itself as a cornerstone known for its flexibility, powerful smart contract capabilities, and vibrant ecosystem. Decentralized Application (DApp). But that success came with challenges. As the network grows in popularity, it faces significant obstacles related to scalability, transaction fees, and processing times. Enter BASE, a layer 2 (L2) scaling solution poised to revolutionize Ethereum by addressing these challenges head-on. This article details how BASE improves the performance of Ethereum, ensuring it remains at the forefront…