Bitcoin (BTC) maintained momentum at $38,000 on November 29 as analysis warned of a market correction.BTC/USD 1-hour chart. Source: TradingViewBitcoin Meets Macro Data, Fed Powell at Key Price RangesData from Cointelegraph Markets Pro and TradingView shows that the BTC price trajectory continues to aim for a new 18-month high.The largest cryptocurrency surprised by holding higher as futures markets touched $39,000 after hitting current highs the previous day.Excitement over derivatives, which has already become the subject of controversy, has led some to warn that large traders could still hold on to late long positions.in Commentary Overnight, Keith Alan, co-founder of monitoring…
Author: Crypto Flexs
Read More
Amazon Web Services (AWS) announced a partnership with blockchain platform provider Avalanche (AWS) to expand blockchain solutions for enterprises and governments. This partnership will enable AWS customers to leverage Avalanche’s blockchain platform to build and deploy decentralized applications (dApps) capable of processing high-throughput transactions at scale. Exciting news for developers AWS and Avalanche will work together to create a fully managed, easy-to-use service that allows customers to build and deploy their own dApps without having to worry about the underlying infrastructure. This will make it easier for organizations to adopt blockchain technology, which can help increase transparency, security, and efficiency…
Disclaimer: The information presented does not constitute financial, investment, trading or any other type of advice and is solely the opinion of the author. The Avalanche has performed well on the price chart over the past six weeks. It was expected that the strong upward trend would continue. Avalanche (AVAX) retested an important Fibonacci retracement level and hit a higher level on the price chart. This meant the bulls had the upper hand and then there was a move to $30. Avalanche has also seen a significant increase in NFT sales. The Dokyo Collection generated over $1.4 million in transaction…
November 15th Judge upholds dismissal of meritless lawsuit against Tether and Bitfinex, plaintiffs dismiss appeal. Posted at 16:59h announcement Posted by Elodie Jallet Following the order of Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York denying Shawn Dolifka’s motion for leave to amend the meritless class action lawsuit he filed against the companies Tether and Bitfinex, Dolifka decided not to appeal the decision. Judge Swain’s dismissal of the lawsuit and ruling in favor of the Tether and Bitfinex companies are now final in all respects. Unlike Dolifka’s poor decision to file…
Posted 1 minute ago In ~ A collection of Vitalik Buterin themed NFTs that store image data directly. Ethereum ETH + It became the blockchain’s highest gas consumer on Friday and caused a brief surge in Gwei.According to Ethereum blockchain explorer Etherscan, the project, called Buterin Cards, has used 13.1% of total gas units over the past three hours as of 3 PM ET to reveal Uniswap universal router addresses and Tether’s public domain. It ranked higher than the address. . This collection resulted in transaction fees of 318.31 ETH, worth $665,670, over the last 24 hours. After the surge,…
Ukraine’s National Anti-Corruption Bureau has seized $1.5 million worth of cryptocurrency assets from Yury Shchigol, former head of the Special Communications Service (SSO). Shchigol, along with his deputy Victor Zhor, was accused of misappropriating about $1.8 million in government funds. The scheme the two alleged involved the Office of the Special Communications, responsible for intergovernmental communications, overpaying for software and services from two unnamed companies. These purchases, deliberately made without a public auction to avoid transparency, resulted in the government paying 285 million hryvnia (about $7.8 million) for much cheaper services, for a total of 223 million hryvnia, or 610…
A federal judge first granted Debt Box a temporary restraining order last August, restricting access to its assets. But he dismissed the order after Debt Box proved it had not moved funds out of the U.S. or closed bank accounts two days before a hearing on the SEC’s request to freeze the funds, Debt Box’s attorneys said in the filing.
Year Finance beat Bitcoin in the race to claim back $20,000. The protocol’s governance token YFI surged to $20,770 during the early trading session on Tuesday. The gains pushed the price up 178.42% from its early November low, confirming the start of a strong rebound following an 83% plunge. Yearn Finance is trading nearly 50% below its all-time high. Source: YFIUSD on TradingView.com Yearn Finance is trading almost 50 percent lower than its record high. Source: YFIUSD on TradingView.com YFI’s resurgence rally follows the decision of cryptocurrency-based hedge fund PolyChain Capital to purchase nearly 2% of new YFI supply in…
Leverage AI tools for a better social media strategy Creating engaging content is important to have a strong online presence in the fast-paced world of social media. AI has revolutionized content creation by providing new tools that improve creativity and efficiency. Here are 10 AI tools to improve your social media plan: ChatGPT on OpenAI: Based on GPT-3.5, ChatGPT helps you generate creative and consistent text for your social media posts, from engaging captions to full blog posts. Canva: This tool uses AI to simplify the design process with a variety of templates for visually appealing social media graphics. Lumens5:…
Some crypto wallets offer Multisignature transactions (aka “Multisig”), which require multiple private key signatures in order to spend cryptocurrency.Because Multisig decentralizes spending authorization among multiple signers, it provides protection against having a single point of failure in the event of loss of control of a crypto wallet.Multisig wallets also allow organizations to construct complex spending rules involving multiple parties.Multisig has some potential pitfalls due to its inherently more-complicated design. As Mutisig is not a common or widely used approach, it remains incompatible between different cryptocurrencies e.g. ETH and BTCEach participant in a Multisig setup must maintain careful key and wallet…