A step into the cryptocurrency market Itaú Unibanco, Brazil’s largest private bank, recently entered the Bitcoin industry in earnest. In an important step towards the integration of traditional banking and digital assets, the bank introduced cryptocurrency trading services on December 4, 2023. This event marks an important milestone. This move is in response to the growing demand for cryptocurrencies from high-net-worth organizations and people around the world. Initial offerings and future plans Bitcoin Transaction (BTC) and the most important cryptocurrency, Ethereum (ETH), will initially be available through the site. Guto Antunes, Head of Digital Assets at Itaú Unibanco, revealed that…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Investors continually look for high-growth projects and closely monitor the top 10 lists to identify altcoins with potential. XRP and Ethereum (ETH) recently posted important milestones. Ethereum has surpassed $2,000 and XRP has maintained its position above the $0.62 price range despite widespread market declines. XRP remains above $0.62. XRP is up 53% in the past year, soaring above $0.5 and $0.56. After several failed attempts, it gained momentum again and rose to $0.62. In November, XRP rose 13%…
“COIN is likely to confirm a long-term base break above the $116 resistance this Friday. “This breakout signals a positive long-term development that has pushed the key trend higher.” Fairlead’s analytics team, led by founder and managing partner Katie Stockton, said in a note to clients on Monday.
Bitcoin price continued its upward trend above the $42,000 resistance line. BTC is currently consolidating gains and could test the $40,800 support area. Bitcoin is well above the $41,200 and $42,000 levels. The price is trading above $41,200 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline forming with support near $40,880. The pair may correct downwards towards $40,800 before starting a new advance. Bitcoin price rises more than 10% Bitcoin price began a strong rise above the $38,500 resistance zone. BTC is up more than 10%…
bitcoin BTC -0.04% The price of has risen more than 6% in the last 24 hours, returning to levels last seen before the collapse of Terra in May 2022.According to The Block’s Bitcoin price page, the largest digital asset by market capitalization rose to $42,100 today. It has seen a sharp decline since breaking the milestone and is currently changing hands at $41,600.This is a full retracement of BTC’s $41,000 level as of early May 2022. We can also see that the value of digital assets has increased by more than 150% since the beginning of the year.The current global…
Cryptocurrencies, led by Bitcoin, have emerged as a force to change the global financial environment. Bitcoin, a decentralized digital currency, has received significant attention due to its potential to reshape traditional financial systems. In our exploration of Bitcoin and cryptocurrency proficiency, we explore the fundamental aspects, technological foundations, investment strategies, security considerations, real-world applications, and future trajectory of this revolutionary digital asset. So, if you are planning to trade Bitcoin, you should choose the best platform such as: bitcoin buyer.Basic understanding of BitcoinBlockchain Technology: The Basics of BitcoinBitcoin operates on blockchain, a distributed ledger technology that ensures transparency, security, and…
OpenAI founder Sam Altman was fired from his position as CEO.Sam Altman, founder of OpenAI and key developer of ChatGPT, has been removed from his position as CEO by the board of directors. The decision was based on allegations that Altman was “consistently disingenuous in his communications with the board,” impeding the board’s ability to carry out its responsibilities.Interim CEO Mira MuratiOpenAI’s Chief Technology Officer (CTO) Mira Murati will take office as interim CEO. The Board expressed its confidence in Murati’s qualifications and ability to lead OpenAI during her transition period.Ongoing Commitment to the AI MissionDespite the change in leadership,…
North Rock Digital, a leader in digital asset hedge funds, recently made a bold prediction about the altcoin STX (STX). From the statement released At X, the fund highlighted its investment strategy and reasoning that STX is the best altcoin to buy right now. “When looking for long-term ideas, we target ideas with solid fundamentals, supportive token economics, and significant catalysts for the future. STX has the strongest catalyst path and the greatest opportunity for reassessment in the coming months,” the fund said. In-Depth Analysis of Stacks’ Outlook North Rock Digital’s full paper published on Medium goes into detail supporting…
Dukascopy revolutionizes peer-to-peer crypto-to-fiat exchanges with secure fiat settlements – Chainwire housenewsroomDukascopy revolutionizes peer-to-peer cryptocurrency-fiat exchange through secure fiat settlement. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences…
A cryptocurrency analyst explained how the around $2,000 range has been the main Ethereum support base for years, making it not too late to buy ETH right now. 43.8 million Ethereum was acquired between $1,900 and $2,100. new post At X, analyst Ali discussed why Ethereum is still worth investing in at this point. The analyst cited data from market intelligence platform IntoTheBlock to illustrate this, citing the distribution of the cryptocurrency’s on-chain acquisitions. The data for the cost basis distribution of the asset | Source: @ali_charts on X In the graph above, the dots represent the number of investors…