The price of Ethereum has hit a multi-month high above $3,300. ETH is showing strength and Bitcoin is rising at a rate above the $60,000 resistance level. Ethereum expanded its gains above the $3,300 resistance zone. The price is trading above $3,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a bullish trendline connected to support at $3,320. In the short term, it could extend the upside to $3,420 or even $3,500. Ethereum price is lower than Bitcoin Ethereum price began another steady rise from the $3,150 support zone. ETH moved further…
Author: Crypto Flexs
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reporter Posted on: February 28, 2024 XRP was the worst-performing large-cap cryptocurrency last month. Addresses belonging to groups of whales have declined steadily since the beginning of the year. A broad market rally has seen the price of Ripple ( At the time of writing, the sixth-largest cryptocurrency was trading at $0.56, and the bulls’ previous attempts to break through the aforementioned barrier proved unsuccessful. Source: CoinMarketCap Only time will tell whether altcoins will succeed, but recent price movements do not inspire much optimism. XRP disappoints investors AMBCrypto’s examination of market data from CoinMarketCap found that XRP was the worst-performing…
It’s fair to say that some aspects of cryptocurrency are complex. This is especially true if you are just starting to dive into this fast-growing asset class.There are thousands of different tokens and multiple blockchains to work with when buying, selling, and moving cryptocurrency assets.For added security, you may decide to start buying cryptocurrency on one exchange and then transfer it back to the exchange to sell it before moving it to a self-managed wallet. You can purchase a variety of coins from different blockchains, but not all coins are supported by the exchange you want to trade at a…
Humanity Protocol has secured strategic investments from top VCs to advance its mission to create a Sybil-proof digital identity layer for Web3. Humanity Protocol has emerged from stealth mode to announce a successful funding round, attracting strategic investments from over 20 leading venture capital firms. This funding plan demonstrates industry confidence in Humanity Protocol’s mission to build a Sybil-resistant layer 2 blockchain for digital identity and financial inclusion. Our innovative approach to digital identity verification protocols leverages cutting-edge palm recognition technology combined with zero-knowledge proofs to ensure user privacy and security. This groundbreaking technology provides a non-intrusive and accessible way…
The FLOKI cryptocurrency has seen a stunning rise of nearly 60%, hitting its highest level in seven months. The surge follows DWF Labs, a major player in the digital asset market and Web3 investment firm, revealing plans to inject $10 million into FLOKI tokens. FLOKI, referred to as the people’s cryptocurrency, has received attention for its emphasis on utility, charity, community, and marketing. DWF Labs Pioneers Web3 Investment: $10 Million FLOKI Boost As a pioneer in Web3 investment and market formation, DWF Labs operates spot and derivatives markets on over 60 major exchanges, highlighting its influence and expertise in the…
GameCredits is a blockchain-based platform that aims to revolutionize the gaming industry. GameCredits leverages blockchain technology to provide gamers with a seamless and secure way to purchase in-game items, trade assets, and participate in esports tournaments. In this guide, we’ll look at how GameCredits can help you unlock your gaming potential. What are game credits? GameCredits is a digital currency designed specifically for the gaming industry. This allows gamers to easily purchase in-game items, trade assets, and participate in esports tournaments. The platform leverages blockchain technology to provide a decentralized and secure environment for gamers to transact. How to get…
Disgraced FTX founder Sam Bankman-Fried’s legal team called the 100-year sentence recommended by the jury “bizarre” in a court filing Tuesday.Bankman-Frid has hired a new team of lawyers, led by Marc Mukasey, when she is sentenced March 28 in Manhattan. Mukasey previously represented former U.S. President Donald Trump and members of the Trump Organizations.Now, just days after taking him on as a client, Mukasey and his team have filed a 121-page sentencing memo calling for him to receive no more than six years and six months in prison.The 31-year-old former CEO of cryptocurrency exchange FTX was found guilty on November…
Bitcoin BTC +5.74% It topped $60,000 on Wednesday, a high not seen since November 2021.The world’s largest cryptocurrency by market cap is up more than 6% in the past 24 hours, hitting $60,000 at 8:22 a.m. ET, according to The Block’s pricing page. Meanwhile, the GM 30 index representing the top 30 cryptocurrencies rose 2.8% to 125.37 over the past 24 hours.The price action resulted in the liquidation of more than $100 million in Bitcoin positions, with nearly $72 million held short, according to Coinglass data. Bitcoin’s value has risen more than 42% since early February, and the largest cryptocurrency…
The cryptocurrency meme coin category is coming back to life this week, led by notable rallies for tokens such as WIF, PEPE, SHIB, and BONK. There could be a resurgence of speculative mania for these novel assets connected to blockchain networks. Just the day before, there was an average gain of 13% across all meme coins. TLDR After holding WIF tokens for three months and the price soaring more than 4500 times, the trader turned $310 into $1.4 million. Solana meme token BONK price is up 17% in a bullish momentum signal, targeting $0.000026 next. WIF price has surged 42%…
Victoria, Seychelles, February 28, 2024, Chainwire The B² network, a Bitcoin layer 2 network, now supports the following connections: BitGet Wallet. Users can access the fast, cost-effective, and secure Bitcoin Layer 2 network through the Bitget Wallet mobile app or browser extension. This makes cross-chain trading of BTC assets and participation in the airdrop program possible. B² Network, an EVM-compatible Bitcoin Layer 2 solution, integrates smart contracts into the Bitcoin network to unlock the untapped potential of Bitcoin’s $832 billion market capitalization. This initiative serves as a platform for pioneering applications in the BTC ecosystem, including DeFi, NFTs, BTC derivatives,…