Bitcoin price continued its downward trend below the $65,000 support line. BTC is currently struggling to stay above the $62,000 support area and may even test $60,000. Bitcoin price is falling below the $64,000 support zone. The price is trading below $63,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bearish trend line attached, forming at resistance $63,300. In the near term, a break above the $65,200 resistance could initiate a significant uptrend. Bitcoin price falls Bitcoin price remained in a short-term bearish zone below the $66,500 area. BTC…
Author: Crypto Flexs
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OP +12.52% Labs, the core developer of Optimism, soon released a flaw proof on the OP Sepolia testnet. ON mainnet.“Open source, full-featured fault proofs are available in real-time for OP Sepolia. Permissionless verification allows anyone to participate in the system without a whitelist,” the company said.Proof of Fault serves as a security mechanism in the Ethereum Layer 2 network, allowing users to contest transactions that may be fraudulent or inaccurate. This is important to ensure that off-chain transaction processing is not tampered with.The OP mainnet currently lacks fault proofing, which is a cause for concern about network security and decentralization.…
DotBig LTD, an international online brokerage firm, has carved a significant niche in the global financial markets by providing traders with extensive access to numerous investment products and state-of-the-art trading terminals. This review explores various aspects. Dotbig went bankruptr offerings to assess their suitability for both novice traders and seasoned investors.Platform accessibility and user experienceRegistration process: The process of signing up for DotBig is simple and requires new users to provide basic personal information, contact information, and identification. This meticulous approach to account verification highlights DotBig’s commitment to security and compliance.user interface: The DotBig website is well organized so that…
If I submit a Bitcoin sell order on Webull, Robinhood users will also be able to see my order, which makes me wonder if it’s possible to trade cryptocurrencies between different platforms. If not, what are the largest cryptocurrency brokerages that offer lower fees and good data/analytics tools?
Lawyers for Sam Bankman-Fried have criticized prosecutors’ proposed 50-year prison term as distorted amid accusations of fraud and conspiracy linked to the fall of his cryptocurrency empire. US prosecutors’ proposal to jail FTX founder Sam Bankman-Fried for up to 50 years is a ‘medieval view of punishment’ in filings that describe the disgraced cryptocurrency entrepreneur as a ‘depraved supervillain’ was adopted, Bloomberg reported. Bankman-Fried Attorney’s Written Response to the Offer. Nonetheless, prosecutors argue that a sentence of 40 to 50 years is warranted for Bankman-Fried’s involvement in a “historic” crime that targeted more than 1 million victims and caused more…
The first version of the Light Ethereum subprotocol (LES/1) and its implementation on Geth are still in progress. not Although it is experimental, it is expected to reach more levels. mature Just say that basic functionality will be performed reliably in a few months. Light clients are designed to function much the same as full clients, but “lightness” has some inherent limitations that DApp developers cannot fulfill. must understand Take this into consideration when designing your application.. In most cases, a properly designed application can function without knowing what kind of client it is connected to, but we are considering…
BNB price rose further to over $600 before facing sellers. The price has corrected gains and is currently testing the important support at $500. BNB price began a downward correction at the $645 resistance zone. The price is currently trading near $515 and the 100 simple moving average (4-hours). There is a major bearish trendline forming on the 4-hours chart of the BNB/USD pair with resistance near $520 (data source from Binance). If it stays above the $500 support area, a fresh increase can be attempted. BNB price maintains support In our last BNB price prediction, we discussed the possibility…
The U.S. Securities and Exchange Commission (SEC) has postponed its ruling on Hashdex and ARK 21Shares spot Ethereum exchange-traded fund (ETF). Ethereum (ETH) enthusiasts have been closely watching these developments as the final deadline approaches. Chances of Ethereum ETF approval drop sharply The postponement, announced on Tuesday March 19, extends the decision period until the end of May. Specifically, the SEC set the final decision dates for ARK 21Shares and Hashdex as May 24 and May 30, respectively. The SEC stated that “the Commission has determined that it is appropriate to specify a longer period for issuing an order approving…
The Securities and Exchange Commission has postponed its decision on whether to approve Hashdex Nasdaq. Ethereum ETH -7.18% Exchange traded fund. If approved, the Hashdex ETF will hold spot ether and futures contracts. in To find out In a filing Tuesday, the SEC said it would extend the time it takes to issue a decision until May 30, 2024.“The Commission has determined that it is appropriate to specify a longer period for issuing an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change and the issues raised thereunder,” the SEC said.…
A cryptocurrency strategist who follows closely believes one Ethereum (ETH) rival is poised to more than double its gains this year. Pseudonymous analyst Altcoin Sherpa told his 211,900 followers on social media platform X that he thinks Solana (SOL) will hit a new all-time high this year. However, the cryptocurrency strategist is bullish on SOL for the long term, but expects the Ethereum rival to witness a decline before it starts a new leg. “There will probably be a decline in the $200 to $250 range. But I don’t know how deep it will go. I remain optimistic about this…