Author: Crypto Flexs

Cryptocurrency Market UpdatesThe cryptocurrency market is going crazy. Bitcoin has reached an all-time high. $70,083 (As of March 8) The fear and greed index reached its highest at 84. extreme greed, Meme coins are gaining popularity and Bitcoin ETF trading volume has surpassed $10 billion.12% price drop within 6 hoursThe market was buoyant, but just six hours after Bitcoin hit its all-time high, the price fell more than 12% to just over $61,000.For many new cryptocurrency investors, this can be a roller coaster of uncertainty, especially during a bull market, where big downsides can occur. However, as a cryptocurrency investor,…

Bitcoin Hits All-Time High, Ethereum Fees Soar Due to Memecoin Mania, Is Tesla Buying Bitcoin Again? This week we bring you these stories and more in cryptocurrency. Bitcoin hits all-time high Bitcoin hit an all-time high after a week of volatile trading. It first touched just over $69,200 on Tuesday before plummeting 10%. But by the weekend, Bitcoin had recovered and briefly surpassed $70,000 for the first time. Billions of dollars have poured into Bitcoin ETFs, and anticipation of the upcoming halving event continues to pique investor interest. Meanwhile, Ether hit $4,000 for the first time in two years as…

The National Tax Service plans to complete the ‘Cryptocurrency Integrated Management System’ by 2025 with the goal of strengthening tax compliance and preventing illegal activities. The National Tax Service (NTS) has begun developing a ‘cryptocurrency integrated management system’. The system, which aims to strengthen tax compliance and prevent tax evasion, is scheduled to be completed in 2025. The move comes at a time when Bitcoin and other cryptocurrencies are experiencing a resurgence of market interest, with Bitcoin reaching an all-time high of $69,000 in November 2021. Investment in cryptocurrencies has surged, especially after the Bitcoin spot ETF was approved in…

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…

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…