Bitcoin price rose above $62,000. BTC is now consolidating gains and may soon attempt another upward move towards $64,000 resistance. Bitcoin price is consolidating gains below the $60,000 resistance zone. The price is trading above $60,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a connecting bullish trendline with support at $60,950. The pair could extend the current rally towards the $64,000 resistance area. Bitcoin price jumps above $5,000 Bitcoin price remained strong above the $58,000 resistance zone. BTC formed a new support base and started another rally. It is…
Author: Crypto Flexs
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San Francisco, CA, February 28, 2024, Chainwire Algotech presale surpassed $1 million in just a few weeks, revolutionizing the DeFi scene. Algotech presale surpassed $1 million in just a few weeks, revolutionizing the DeFi scene! Emerging cryptocurrency trading platform Algotech (ALGT)) known for being famous Its cutting edge features. The TradFi platform features advanced algorithms that give traders a competitive edge. This platform initially attracted attention for its fusion of artificial intelligence (AI) and blockchain technology. Algotech’s technology infrastructure leverages the latest developments in AI technology to provide users with an exceptional trading experience. The decentralized nature of blockchain technology…
Policy • February 28, 2024 9:37 PM EST Posted 1 minute ago In ~ The U.S. government appears to have transferred approximately $922 million worth of Bitcoin from two cryptocurrency wallets that stored funds seized in the 2016 Bitfinex hack. data From Arkham Intelligence.one wallet The data shows that on Wednesday afternoon EST, the first transfer was 1 bitcoin ($60,200), followed by 2,817 bitcoins worth about $172.74 million to an unconfirmed address.Also on the same day another wallet 0.01 Bitcoin and 12,267 Bitcoin worth approximately $748.46 million were transferred. The total value of Bitcoin transferred from the two wallets reached…
The CEO of Bitwise Asset Management expects the Bitcoin price to reach $250,000 sooner than most people imagine. Moreover, he believes that Bitcoin will erode the entire market for gold “sooner than people expect.” “The Bitcoin ETF was Bitcoin’s IPO moment,” he said. now (…)
Shiba Inu (SHIB) surged over $0.00001 due to factors such as increased burn rate, Shiba Inu ETF petition, and increased investor interest. A significant spike in burning rates has created optimistic sentiment in the ecosystem. The potential launch of an ETF has also boosted SHIB’s momentum, similar to how Bitcoin rose on news of the Spot Bitcoin ETF approval. Additionally, the increased public interest in SHIB suggests that traders are making more bullish bets on meme coins. The recent partnership with K9 Finance is expected to contribute to token burns and increased liquidity in the SHIB ecosystem. This article originally…
Crypto analyst Rager recently provided valuable insight to Bitcoin and Ethereum investors. imminent bull market. In his statement, he revealed the best time to go all-in on the two largest cryptocurrency tokens by market capitalization. Bitcoin and Ethereum. “The last golden opportunity of this cycle” Rager commented on X (formerly Twitter). post “The last good chance of this cycle” bitcoin halving. In line with this, he also stated that he is still holding the position and waiting for “BTC and ETH to fall.” predict This will happen between now and May. In Rager’s opinion, this “good pullback” presents the perfect…
Discover the ultimate guide to BiosCrypto: the next big thing in cryptocurrency! Cryptocurrencies have taken the financial world by storm, with Bitcoin leading the way as the most popular and widely used digital currency. However, there are many new and exciting cryptocurrencies emerging on the market, and BiosCrypto is one of the most talked about options. What is BiosCrypto? BiosCrypto is a revolutionary new cryptocurrency that aims to combine the benefits of blockchain technology with the power of biological data. BiosCrypto leverages the potential of biometric and genomic information to provide a unique and secure way to transact online. Key…
XRP price is gaining momentum above the $0.550 resistance level. The bulls appear to be targeting a move above the $0.60 and $0.62 resistance levels. XRP started a new rise above the $0.550 resistance level. The price is currently trading above $0.575 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), a breakout occurred above the main contraction triangle with resistance at $0.560. If the price closes above the $0.60 resistance zone, the pair could start a new rally. XRP price rises again Over the past few days, the XRP…
In the world of digital finance, cryptocurrency wallets serve as guardians of digital assets. These repositories not only manage and secure digital assets, but also facilitate smooth transaction execution across various blockchain networks. With so many options available, from hardware to software to mobile wallets, choosing the right one can be difficult. This guide aims to clearly explain the process by providing a comprehensive comparison of wallet types to help you find the one that best suits your needs.Basics of cryptocurrency walletEssentially, a virtual wallet is a digital tool that stores public and private keys while interacting with various blockchains…
VCs are backing a cryptocurrency startup led by a former FTX and Alameda Research employee as part of a new cryptocurrency exchange. In a Series A funding round, FTX and Alameda alumni raised $17 million for a cryptocurrency exchange called Backpack. Backpack valued the company at $120 million and attracted capital investment from companies such as Wintermute and Amber Group. Backpack was launched in October last year, about a year after FTX collapsed, and was co-founded by Armani Ferrante and Cansun. Ferrante serves as CEO of Backpack and was an early Alameda employee. Sun, who testified as a government witness…