Chainlink’s LINK price is up more than 40% and is trading above $10. The uptrend appears to be under control and may be targeting a rally towards $12 resistance. Chainlink price is rising above the $10.00 resistance level against the US dollar. The price is trading near the $10.00 level and above the 100-day simple moving average. On the daily chart of the LINK/USD pair, there is a major bullish trend line forming with support near $8.60 (data source from Kraken). The price may continue to rise towards the $11.25 and $12.00 resistance levels. Chainlink price begins a new rebound…
Author: Crypto Flexs
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Dan Gambardello, founder of Crypto Capital Venture, provided insight into the future trajectory of cryptocurrencies. Cardano (ADA). Interestingly, he hints that cryptocurrency tokens could reach unprecedented heights that would transform people’s lives. Cardano Holder. When ADA price rises to $11 in video Shared on YouTube, Gambardello expressed optimism about the future. ADA While the cryptocurrency industry waits next bull market. According to him, this is when ADA will rise to: Up to $11 The market capitalization at that time amounted to $400 billion. He hinted that this bull run is likely to occur after the event. Next Bitcoin Halving Event.…
Ethereum price recouped all losses and rose above $2,050. ETH has outperformed Bitcoin and could target further gains above the $2,120 resistance level. Ethereum maintained its strength above $1,930 and began a new rally above $2,000. The price is trading above $2,020 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance near $1,980. The pair is up more than 5% and bulls could target further upside above $2,100. Ethereum price turns green Ethereum price remained above the $1,930 support level after a steady…
Bitcoin price maintains an upward trend above $37,000. BTC is consolidating and could target another rally soon if it clears the $38,000 resistance area. Bitcoin is still consolidating below the $37,750 resistance level. The price is trading above $37,200 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a short-term contraction triangle forming with resistance near $37,420. A break above the $38,000 resistance could lead to significant upside for the currency pair. Bitcoin price remains supported Bitcoin price maintained a good bid and began a steady rise above the $37,000 resistance.…
Ethereum price soared above $2,050. ETH is currently consolidating gains and may soon target another rally towards the $2,150 level. Ethereum is consolidating and facing resistance near the $2,080 area. The price is trading above $2,030 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term contraction triangle forming with resistance near $2,080. A break above the $2,080 and $2,090 resistance levels could extend the rally. Ethereum price is holding steady Ethereum price began a strong rise above the $2,000 resistance level. ETH outperformed Bitcoin yesterday by breaking above the $2,050 resistance…
Bittrex has decided to cease its global operations due to strong regulatory pressure. Customers are prompted to withdraw their funds as quickly as possible. Bittrex Global, a UK-based cryptocurrency exchange, has announced that it will shut down all trading activities globally from December 4th. After the applicable effective date, Customer may withdraw assets only as part of the curtailment process. “Starting Monday, December 4, 2023, all trading activity on Bittrex Global will cease. After December 4th, only cancellation is possible. Please log in and withdraw all assets.” According to a new update from Bittrex Global. Another person bites the dust…
Alchemy Pay continues to expand in the U.S. and is now licensed to transmit money in Iowa. Cryptocurrency payment gateway Alchemy Pay has obtained a money services license in Iowa as part of its plans to expand broadly into the United States. Obtaining a license complies with local state laws that require individuals or entities operating a money transfer or currency exchange business to obtain a license. Speaking with Cointelegraph about the license, the head of the Alchemy Pay ecosystem emphasized the need for proper regulation and confirmed Alchemy Pay’s commitment to compliance. “We believe that a well-structured regulatory environment…
Global cryptocurrency platform Chelsea Network LLC is set to undergo significant changes after its Chapter 11 plan was confirmed by the U.S. Bankruptcy Court for the Southern District of New York. The change came after the company faced challenges from the U.S. Securities and Exchange Commission (SEC). The restructuring plan initially included forming a new company with Fahrenheit, LLC focused on various crypto business activities. But the SEC’s request for more information about Celsius assets led to a strategic shift. Chelsea now plans to transition into a publicly traded, client-owned Bitcoin mining company known as Mining NewCo. Investment vehicle Fahrenheit…
Coinbase recently announced that it had increased its bond repurchase limit by $30 million. The cryptocurrency exchange is currently willing to spend $180 million to buy back the outstanding 3.625% senior notes.Bondholders have previously shown little interest in selling senior notes to cryptocurrency exchanges. Investors bid for $50 million worth of bonds last month. Cryptocurrency giant Coinbase announced that it has increased its bond repurchase limit by $30 million. The California-based cryptocurrency exchange is now willing to spend a whopping $180 million to fund the redemption of its 3.6% senior notes due in 2031. Senior debt is a type of…
To address these issues, investors are faced with a standard menu of options (Figure 1). To improve the balance between risk and return in your portfolio, you can reallocate to asset classes that offer better risk-adjusted returns, lower correlation, or both. For example, in recent years, certain investors have increased their exposure to alternatives, including private equity and illiquid private assets such as real estate. While this has been a successful approach, this type of vehicle is not available to many individual investors.