Bitcoin price rose more than 10%, surging towards $58,000. BTC is showing a strong upward trend and may surge towards the $60,000 resistance. Bitcoin price is rising above the $55,000 resistance level. The price is trading above $55,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $51,600. The pair could extend the current rally towards the $60,000 resistance area. Bitcoin price begins a new surge Bitcoin price remained above the $50,500 support area. A support base was formed above…
Author: Crypto Flexs
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EverGreenCoin is a unique and innovative eco-friendly cryptocurrency that is making waves in the digital currency world. It was created with the goal of promoting sustainability and environmental conservation through blockchain technology. EverGreenCoin is not just a currency, it is a movement towards a greener and more sustainable future. Key features of EverGreenCoin: Environmental certification: EverGreenCoin uses a unique algorithm called Proof of Environment (PoE) to reward users who actively engage in green activities such as planting trees, recycling, and supporting sustainable projects. Carbon Offsetting: EverGreenCoin allows users to offset their carbon footprint by purchasing carbon credits using cryptocurrency. This…
Written by Matteo Greco, Research Analyst at Fineqia International, a listed digital asset and fintech investment firm. (CSE:FNQ). Bitcoin (BTC) closed the week at approximately $51,725, down slightly 0.8% from the previous week’s closing price of approximately $52,150. This week was characterized by relatively low volatility, with prices remaining stable, displaying a range of approximately 4.7% between approximately $53,000 and $50,500. The highest transaction value of $52,985 was recorded on Tuesday. The focus is on the BTC spot ETF, which continues to show strong momentum. However, following 17 consecutive days of inflow, net outflow was observed for the first time…
Bitwise researcher Ryan Rasmussen believes there is a 50% chance that a spot Ethereum ETF will receive approval in the coming months.Rasmussen shared his insights on probability in a February 26 interview with Yahoo Finance. He said:“It is unclear whether the market has necessarily reached the point the SEC would like to see in May of this year to approve a spot (Ethereum) ETF. I think there’s about a 50/50% chance of getting approved. Or you could get rejected and move on to another application later.”Other sources, including Bitwise global head of research Matt Hougan, previously predicted that a spot…
bitcoin BTC +9.44% The price surged more than 10% to a record high of $56,740 at one stage on Tuesday morning Asian time, the highest since November 2021, according to . The Block’s Pricing Page. “The main reason for this surge can be attributed to Bitcoin spot ETF trading volume, which reached a new high of $2.4 billion on February 26, further boosting US investor confidence in this asset class.” Lucy Hu, senior analyst at Metalpha, told The Block.Ethereum was trading at $3,234 at 10:30 a.m. in Hong Kong, up 4.7% over the past 24 hours, according to data from…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEFastchain cc is a cryptocurrency fraud agency that claims to provide blockchain analysis and cryptocurrency fraud fund recovery, but is actually a fake.The platform…
BlackRock’s Spot Bitcoin ETF recorded more than $1 billion in trading today alone, according to Bloomberg senior ETF analyst Eric Balchunas, a significant milestone for the ETF. This achievement highlights the growing demand for Bitcoin investment products and highlights the growing acceptance of Bitcoin in traditional finance.important step $GO As of today, $1 billion worth of stock has been traded. It ranks 11th among all ETFs (top 0.3%) and in the top 25 among stocks. Those are crazy numbers for a beginner ETF (especially the 10 contenders). $1 billion a day is big boy level trading volume, enough for (even…
Ethereum (ETH) has outpaced Bitcoin (BTC) this year, rising 33% year-on-year. This surge in prices is not just due to the potential approval of cash exchange-traded funds (ETFs), according to a research report from broker Bernstein. One of the main factors contributing to Ether’s rise is deflationary supply. Since the Ethereum blockchain transitioned to a proof-of-stake consensus model in September 2022, Ethereum supply has remained constant. This aspect of cryptocurrency is often overlooked, but it plays a significant role in its value. Another important factor is the amount of Ethereum locked up. Currently, only 11% of ETH is held on…
After many months of silence, we’re proud to announce the v1.9.0 release of Go Ethereum! Although this release has been in the making for a lot longer than we anticipated, we’re confident there will be some juicy feature for everyone to enjoy! Warning: We’ve tried our best to squash all the bugs, but as with all major releases, we advise everyone to take extra care when upgrading. The v1.9.0 release contains database schema changes, meaning it’s not possible to downgrade once updated. We also recommend a fresh fast sync as it can drastically reduce the database size. Some of the…
Despite some unfavorable trends in the cryptocurrency market, XRP It has risen gradually in recent days, pushing the positive and optimistic forecasts of market analysts to unprecedented levels. XRP may hit all-time highs sooner than expected. Javon Marks, a cryptocurrency expert and internet personality, expressed his optimism about XRP. dividing Together with the community on social media platform XRP may be ready to undergo a significant move that will push its price to unprecedented heights, according to a cryptocurrency expert, highlighting the possibility of XRP rebounding past the $200 price. Marks noted that digital assets are experiencing “another higher low”…