Bitcoin (BTC) has recovered sharply from its weekly low of $50,000, signaling aggressive buying at lower levels. This is a bullish signal, but veteran trader Peter Brandt thinks the selling is not over yet. Brandt said in a post on X that there is a 50% chance that Bitcoin will fall below $40,000.However, the Bitcoin bull-bear market cycle indicators that had been turning negative have turned bullish again. “Several Bitcoin on-chain cycle indicators that were on the borderline have now turned bullish again,” CryptoQuant founder and CEO Kiyoung Joo said in a post on X. Crypto Market Data Daily View.…
Author: Crypto Flexs
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Ted Hisokawa Aug 9, 2024 05:28 Gala Games has announced the Negan Hero Card for The Walking Dead: Empires is available for purchase, priced in stages and available for immediate use in the game. Gala Games has revealed an exciting new addition to their hit game The Walking Dead: Empires. Negan Hero Cards, featuring infamous characters from the acclaimed series, are now available for purchase, adding a new dynamic to the gameplay experience. Sales Details The sale will begin on Friday, August 9 at 7 a.m. PT. Negan Hero Cards will be offered via…
The cryptocurrency market has seen a dramatic turnaround after a sharp decline. A major news event has shaken the cryptocurrency world. The new direction of the market is still unknown. This week has been eventful for the crypto markets. Two major news events have led to significant price movements. The first was a downtrend due to the difficulties in the Japanese market. Then came the sharp rebound due to the conclusion of the Ripple-SEC lawsuit and the stabilization of the US stock market. So what happened to the top 10 cryptocurrencies? Here’s the analysis: Cryptocurrency markets show mixed results Three…
Lawrence Jengar Aug 9, 2024 05:57 The IOTA Foundation has unveiled a prototype of a digital product passport for electronics, increasing transparency and sustainability across their life cycle, from manufacturing to recycling. According to the IOTA Foundation blog, the IOTA Foundation has launched a new Digital Product Passport (DPP) prototype that aims to revolutionize the electronics industry by providing a transparent and traceable record of electronic devices from manufacturing to recycling. Enhancing Recycling Using IOTA Technology As part of the European Blockchain Pre-Commercial Procurement funded by the European Commission, IOTA has developed two pre-commercial…
Cryptocurrencies continue to push the boundaries of finance, and Bitcoin is now at the forefront of new peer-to-peer lending applications. Historically, Bitcoin has lacked the smart contract capabilities that other blockchains like Ethereum have used to revolutionize decentralized finance. But recent developments are changing the game, allowing Bitcoin holders to leverage their assets in new ways, including P2P lending. Bitcoin Peer-to-Peer Lending Enabled In a recent conversation, BeL2’s Head of Strategy Mark Blair discussed with Roundtable anchor Rob Nelson how Bitcoin’s new smart contract capabilities could empower users to engage in peer-to-peer lending. This innovation could allow Bitcoin holders to…
The legal battle surrounding Tornado Cache developer Alexey Pertsev has reached a critical point as he seeks additional funding to continue his fight for privacy and freedom to publish code. According to accounts from Pertsev and Roman Storm, Pertsev, who was arrested two years ago and embroiled in a dangerous legal dispute, now faces an uphill battle with government forces that have poured enormous resources into his prosecution.The support account highlighted Pertsev’s dire financial situation, noting that he had run out of funds. “It’s time to stand up for Alexei and fight for what’s right,” the account said, highlighting the…
Tier 1 • August 11, 2024 6:00 PM EDT Posted 1 minute earlier ~ in According to block explorers, Canto, a Cosmos-based layer 1 blockchain, experienced an outage on Saturday following the “Callisto” upgrade, which caused its mainnet to go down at approximately 6:43 p.m. UTC. The blockchain was unable to process new transactions after the outage. On Sunday afternoon, Canto’s X account acknowledged the outage and attributed the downtime to a “consensus issue.” Canto said an upgrade designed to address the issue would be implemented on Monday at 12:00 UTC and assured users that their funds were safe. Canto…
Two under-the-radar altcoins are surging ahead of the surge on Coinbase, the largest U.S. cryptocurrency exchange. Coinbase Assets has announced that it is adding interoperable layer 1 blockchain ZetaChain (ZETACHAIN) and cross-chain bridge Across Protocol (AVX) to its listing roadmap. Coinbase’s listing roadmap was created in 2022 as a means to increase transparency and discourage front-running. Whenever Coinbase decides to add a new asset, they first communicate the decision via their roadmap. Dubbed “the first general-purpose blockchain,” ZetaChain is an interoperable Ethereum Virtual Machine (EVM) that allows developers to build decentralized applications (dApps) on multiple blockchains, including Bitcoin (BTC), Cosmos…
Terryl Dickey Aug 9, 2024 06:26 Starknet, a layer-2 scaling solution for Ethereum, now integrates with Dune Analytics to improve data accessibility. According to dune.com, Starknet, a prominent Layer 2 scaling solution for Ethereum, has successfully integrated with Dune Analytics. The integration aims to improve data accessibility and provide users with more comprehensive insights into the Ethereum network. The importance of integration The integration of Starknet and Dune Analytics is a major advancement for both platforms. Starknet is designed to improve the scalability of the Ethereum blockchain by enabling faster and cheaper transactions. With…
Bitcoin (BTC) has recovered sharply from its weekly low of $50,000, signaling aggressive buying at lower levels. This is a bullish signal, but veteran trader Peter Brandt thinks the selling is not over yet. Brandt said in a post on X that there is a 50% chance that Bitcoin will fall below $40,000.However, the Bitcoin bull-bear market cycle indicators that had been turning negative have turned bullish again. “Several Bitcoin on-chain cycle indicators that were on the borderline have now turned bullish again,” CryptoQuant founder and CEO Kiyoung Joo said in a post on X. Crypto Market Data Daily View.…