Bitcoin price continues to rise above the $70,000 resistance line. BTC is currently showing positive signs and may target a rise above the $73,000 level. Bitcoin price extended its gains and tested the $73,000 level. The price is trading above $71,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bullish trendline attached with support at $71,300. A break above the $72,850 and $73,000 resistance levels could allow the pair to continue rising. Bitcoin price sets new ATH Bitcoin price remained stable above the $70,000 level. BTC was able to…
Author: Crypto Flexs
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Nigeria demands Binance user data amid naira speculation Binance executive detained in Abuja, heightening diplomatic tensions. The international response to the detentions further complicates the conflict. Nigeria is demanding sensitive user data from Binance over accusations of currency speculation as it grapples with economic problems including currency devaluation. The country has stepped up its crackdown on cryptocurrency activity with the detention of two Binance executives, sparking a standoff between the country and the exchange. View top 100 user data and transaction history The Nigerian government is demanding comprehensive information from Binance, including data on the top 100 users and their…
Web3 • March 13, 2024, 2:30 AM EDT Posted 1 minute ago In ~ Updated: March 13, 2024, 3:23 AM EDT Dai stablecoin issuer MakerDAO plans to launch the first phase of Endgame in the summer of 2024, according to a post by Rune Christensen on the project’s official governance forum. This release includes two new tokens tentatively named NewStable and NewGovToken.The project’s stablecoin Dai MSEK +9.86% Governance tokens will remain as is for now, but users can upgrade to NewStable and NewGovToken if they wish.Endgame’s release season will proceed continuously, starting with the unveiling of the new brand. A…
The largest U.S. cryptocurrency exchange is warning about the artificial intelligence (AI) narrative in the digital asset sector. In a new report titled “Crypto’s AI Mirage,” Coinbase analyst David Han says that with the excitement surrounding the AI industry, many AI-focused altcoins are likely in an unsustainable hype cycle. “Our opposing view is that the value potential of many AI tokens may be overstated as a result of widespread interest in the AI industry, and that many AI tokens may lack sustainable demand-side drivers in the short and medium term.” AI-focused altcoins can be “decentralized” on blockchains, but Han argues…
The National Tax Service is preparing to launch a virtual asset taxation system that will help analyze information received from cryptocurrency holders to prevent cryptocurrency tax evasion. According to local sources, the agency has contracted the services of a third-party company to assist with this task and (…)
Cognition Labs’ Devin AI, which can autonomously code and solve complex software tasks, sparks debate about the future of software engineering. Cognition Labs has unveiled a groundbreaking artificial intelligence called Devin, the first AI software engineer with the ability to autonomously complete complex coding tasks. This milestone, backed by $21 million in Series A funding led by Founders Fund, demonstrates the potential for AI to revolutionize the technology industry. Devin stands out from other coding assistants in that he not only suggests code snippets, but also plans, executes, and debugs entire projects. Equipped with standard developer tools within a sandbox…
Ethereum has grown very quickly over the past few months. Blockchain transaction volume is more than twice, exceeding 10 cases per second for days at a time. Number of new accounts created per day Exceeded 100,000and number of nodes The increase was despite increasing system requirements. As interest and interest in the blockchain space overall continues to hit new highs, we are entering a new phase of the industry’s growth: finally moving from experimentation and testing to actual live applications. casper Sharding Pi-EVM EIP (Ethereum Improvement Proposal) We’ve merged 12 EIPs since our last cleanup. formal verification we are donation…
XRP price began a new bounce above the $0.6400 resistance level. The bull market is currently active above $0.680 and could target a rise to $0.800 or $0.850. XRP began a new rise above the $0.640 resistance level. The price is currently trading above $0.670 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.660 on the 4-hours chart of the XRP/USD pair (data source from Kraken). A close above the $0.720 resistance zone could trigger a new rally for the pair. XRP price rises more than 15% Over the past…
Bitcoin Cash (BCH) price surged 58% in one day, leaving many investors wondering if this was the beginning of a sustained or temporary rise. While this surge is undeniably impressive, market signals are calling for caution, suggesting a strong correction is imminent. The balance of Bitcoin Cash holdings has shifted, with traders now holding more medium-term holders. This could mean that volatility will increase in the near future as traders are likely to buy and sell quickly based on short-term price movements. BCH RSI value is rising rapidly Bitcoin Cash (BCH) has seen a significant increase in its relative strength…
Yesterday was another record inflow day for the recently approved Bitcoin exchange-traded fund in the US.On March 12, Bitcoin ETF net inflows exceeded $1 billion. data From BitMEX Research.At the same time, Blackrock’s IBIT product surpassed 200,000 earlier this week. BTC +1.62% Assets under management recorded a record inflow of $849 million.When converted to Bitcoin, it reached an all-time high of 14,706 BTC. inflow.Total net Bitcoin ETF inflows since January 11, 2024 reached 4.1 billion dollars. As of yesterday, spot Bitcoin ETFs hold over 90% of the daily volume market share of ETFs offering Bitcoin exposure, which is an all-time…