A widely respected analyst and trader is providing insight into two digital assets as the overall cryptocurrency market cap rises. Cryptocurrency analyst known by the pseudonym Bluntz says 241,400 followers on social media platform A bullish divergence occurs when an oscillator (in this case the Relative Strength Index (RSI)) makes higher lows while the price of an asset continues to make lower lows. Source: Bluntz/X WIF is trading at $0.952 at the time of this writing, up about 229% from its February 24 low of $0.289. Let’s take a look at Solana (SOL), a household name analyst. Called There is…
Author: Crypto Flexs
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Cryptocurrency analyst Alex Wacy predicts a parabolic rally for Centrifuge (CFG) amid the explosion of the tokenization industry. CFG price is currently close to $0.7 and could hit all-time highs during the alt season. Cryptocurrency analyst and researcher Alex Wacy said Centrifuge (CFG) could go parabolic during the alt season and hit new all-time highs. CFG prices are up 13% in the past week and 40% in the past month. Over the past two months, the value of the altcoin has overcome resistance around $0.70. Wacy sees $1.2 as the first major target for the bulls, with a vertical rally…
introduction MayaCoin is a relatively new cryptocurrency that aims to revolutionize the way transactions are conducted in the digital world. With a focus on decentralization, privacy, and security, MayaCoin offers a unique solution to the problems faced by traditional fiat currencies. Features of Maya Coin Decentralization: MayaCoin operates on a blockchain network. This means that transactions are confirmed by a network of nodes rather than a central authority. Privacy Protection: MayaCoin uses advanced encryption technology to ensure user transactions remain private and secure. Security: MayaCoin integrates state-of-the-art security measures to protect users from hacking and fraud. Fast and Cheap Transactions:…
The cryptocurrency community has seen an increase in the number of hacks in the first two months of 2024. As widely reported by Bitcoinist, hackers and scammers have been targeting high-profile figures and projects within the industry. According to PeckShield, a cryptocurrency research firm specializing in security, the total value of cryptocurrency stolen in attacks increased by more than 97.6% in February compared to the previous month. More than 21 cryptocurrency attacks occurred in February In an Last February, hackers stole approximately $360.83 million in a cryptocurrency heist. According to a previous report from PeckShield, $182.54 million was stolen in…
Enoch Mutembei As the sentencing date for former FTX CEO Sam Bankman-Fried approaches, an appeal for clemency has come from an unexpected source: his family. In a recent filing in the U.S. District Court for the Southern District of New York, SBF’s attorneys submitted 29 letters of support, including heartfelt endorsements from his mother, father and brother. The 31-year-old former CEO’s mother, father and brother – Barbara Fried, Joseph Bankman and Gabriel Bankman-Fried – all wrote letters to Judge Lewis Kaplan revealing SBF’s growth, personality and contributions. FTX. Despite SBF’s conviction on seven felony charges, his family is passionately calling…
Posted 1 minute ago In ~ The Nigerian government has reportedly demanded at least $10 billion from Binance due to its crackdown on cryptocurrency exchanges and the devaluation of its currency.The news was shared by President Bola Tinubu’s Special Adviser on Intelligence and Strategy, Bayo Onanuga, in an interview with the BBC. Onanuga claims Binance profited from “illegal transactions” at the country’s expense.According to multiple reports, Binance is already under investigation in Nigeria. “I confirm that the Office of the National Security Adviser, together with the CBN and other law enforcement and security agencies, is coordinating an inter-ministerial investigation into…
The cryptocurrency market is currently undergoing a major shift due to the resurgence in the value of Ethereum (ETH), which has reignited investor interest in the broader altcoin market. This resurgence is due to several key developments within the Ethereum ecosystem, such as the potential approval of an Ethereum spot exchange-traded fund (ETF) in the U.S., the upcoming Dencun upgrade, and the anticipated launch and introduction of various scaling solutions. Staking platforms like EigenLayer. These developments have been seen as an important catalyst for the resurgence of Ethereum, especially after it lagged Bitcoin (BTC) for a period of time in…
LTC price has surged more than 8% in the last 24 hours. Social indicators and indicators looked optimistic. Litecoin (LTC) In terms of price action, there has been an impressive performance over the last 24 hours. This happened at a time when the price of the coin was about to break through a major resistance area. Does this mean LTC will soon hit an all-time high? Litecoin on a spaceship? According to the latest data, the price of LTC was sitting at the key resistance level of $78. A break above this level would indicate a bullish rally. Fortunately, LTC…
Security researchers have discovered an unprotected database that manages access to services from some of the world’s largest technology companies. The database belongs to Meta, Google and Short Message Service (SMS) routing operators that send two-factor authentication (2FA) codes to users of cryptocurrency companies. Researcher Anurag Sen discovered that the company’s YX International database was exposed without a password on the public Internet. Anyone who knows your public Internet Protocol (IP) address can view your data. Users Affected by 2-Step Verification Leak YX International sends security codes to people who log in to platforms belonging to Meta, Google and TikTok.…
historic data This suggests that no Bitcoin cycle has reached its peak without experiencing a significant double-digit correction. These downturns, although difficult, have historically provided investors with profitable ‘buy the dip’ opportunities. As the price of Bitcoin continues its upward trend, including above $62,000, expectations for a potential correction have grown, providing a window into the cyclical nature of the cryptocurrency market. Market maturity and correction patterns Seasoned investor CryptoJelleNL recently shared a post about X pointing to an imminent correction in Bitcoin’s 20-25% range. According to cycle analysis, this predicted decline indicates a possible decline towards the $46,500 range,…