Bitcoin, increasingly referred to as “digital gold,” has hit an all-time high, with silver’s market capitalization surpassing $71,000.This is a milestone that Bitcoin has witnessed frequently since early March.On Friday afternoon, Bitcoin surpassed $70,000 for the first time ever. Then, early Monday morning, the price of Bitcoin began to rise and was at $71,239.37 at the time of this writing. It’s up 2.7% since yesterday and 11.4% since this time last week.As is usually the case, the all-time high price will vary depending on the exchange or price aggregator you check with. At approximately 9:20 CEST, the price of BTC…
Author: Crypto Flexs
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Even as BTC hit an all-time high, the price of Shiba Inu (SHIB) soared more than 226% compared to BTC in just 10 days. This significant increase reflects a broader trend seen across many other memecoins and suggests that memecoin’s popularity and influence may only increase in the current market environment. Shiba Inu surges 267% in 10 days: What’s next? The price of the Shiba Inu coin has surged around 267% over the past 10 days, reaching a significant Fibonacci resistance level around $0.000037. If SHIB breaks this resistance, the next notable Fibonacci resistance would be around $0.000057. SHIB price…
Market • March 11, 2024, 4:50 a.m. EDT Posted 1 minute ago In ~ The London Stock Exchange announced on Monday that it will begin accepting applications for the approval of Bitcoin and Ethereum cryptocurrency exchange-traded notes (ETNs) in the second quarter of this year.LSE said: name We are accepting applications for the following: fact sheet Previously published. LSE said, “The exact release date will be confirmed soon.”“To mitigate the risk of delays in approval times, the Exchange encourages early participation from potential issuers interested in accepting Crypto ETNs for trading on the Exchange,” the LSE added in its approval…
Widely respected analyst Nicholas Merten has offered his outlook for four cryptocurrency assets amid an industry-wide market rally. Starting with payments-focused blockchain network Stellar ( According to Merten, XLM could rise by around 200% compared to Bitcoin (XLM/BTC). “Here (via XLM) you have the opportunity to win 3X on Bitcoin from 0.00000200 BTC to 0.00000600 BTC. “I like plays like that.” XLM is trading at 0.00000210 BTC ($0.14) at the time of this writing. Turning to decentralized finance (DeFi), the analyst says some altcoins in the sector such as Aave (AAVE), Compound (COMP), and Uniswap (UNI) are oversold. At Aave,…
The cryptocurrency landscape is gearing up for an eventful week with pivotal developments that could have a major impact on market dynamics. From the U.S. Federal Reserve’s suspension of the Bank Term Funding Program (BTFP) to major upgrades and token unlocks, here are the top five highlights to watch. #1 US Fed Ends BTFP The US Federal Reserve’s Bank Term Funding Program (BTFP) will stop issuing new loans from March 11, 2024, marking the end of a pivotal chapter in the financial sector’s response to last year’s banking collapse. Introduced to stabilize the banking system by providing loans against high-quality…
Binance Pay has announced a March promotion offering up to 5,070 ACH tokens as rewards and up to a 50% discount for users spending on the platform. Binance, the world’s leading cryptocurrency exchange by trading volume, announced a series of promotions during the month of March to encourage users to use its payment technology, Binance Pay. The promotion includes the opportunity to earn up to 5,070 Alchemy Pay (ACH) in token vouchers and receive up to 50% off purchases through Binance Pay. The promotional event will run from 00:00 UTC on March 11, 2024 to 23:59 UTC on March 31,…
OpenAI announced a significant expansion of its governance with the addition of Dr. Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo to its Board of Directors. OpenAI, a leading artificial intelligence lab known for groundbreaking AI models such as GPT-4 and DALL·E 3, recently announced a strategic expansion of its board of directors and the addition of three high-profile appointments. This move comes as OpenAI continues to explore the rapidly evolving AI technology landscape and its impact on society. The new board member is Dr. Sue Desmond-Hellmann, a renowned physician and nonprofit leader. Nicole Seligman, a respected corporate lawyer with an…
When it comes to online betting, gamers are always looking for the best incentives and promotions. Among the many offers available, the No Bet Deposit Bonus stands out as an attractive recommendation. In this post, we will explore the world of betting no deposit incentives, giving you everything you need to know to make an informed choice. What is the No Stake Offer? A no-bet deposit reward is a type of promotion used by online gambling establishments where players receive an incentive when making a deposit and are not required to fulfill any kind of wagering demand before withdrawing the…
Bitcoin price is still struggling to clear the $70,000 resistance. BTC is falling slowly and may soon fall to the $67,000 support level. Bitcoin price is struggling to break the $69,500 and $70,000 levels. The price is trading above $68,000 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 $68,000. The pair could continue falling and trade towards the $67,000 support area. Bitcoin price consolidation begins Bitcoin price made another attempt to gain strength above the $69,000 level. BTC cleared the $69,500 level, but…
Posted 1 minute ago In ~ Local media reported that Korea plans to establish a cryptocurrency-centered asset management system by 2025 to prevent tax evasion.National Tax Service selects GTIC as the lead company for system construction during preliminary consultation process reported On Monday.According to the report, the system is expected to facilitate the analysis and management of information collected by cryptocurrency trading platforms, which are required to store users’ cryptocurrency transaction details.The country’s cryptocurrency income tax is scheduled to go into effect in January 2025, after being delayed from its original schedule of January 1, 2023.Last January in Korea Financial…