NewsBTC technical analyst and editorial board member Tony “The Bull” now believes that Ethereum (ETH), now the second most valuable cryptocurrency, is about to explode. “The Bull” cites the technical candlestick formation on the ETHUSDT daily chart as a leading indicator for ETH. ETH is currently trading above $3,000, its highest level in two years. analyst pointed Applies to Bollinger Bands (BB), a technical indicator used to measure volatility. Although BB is a lagging indicator, like most technical indicators, including moving averages, traders associate each narrowing band with increasingly lower volatility. ETH bullbar tied along top BB | Source: Tony…
Author: Crypto Flexs
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Blockchain is a decentralized distributed ledger technology for recording transactions processed through a series of connected computers. The parameters of a cryptocurrency are visibility, immutability, and standardization. These days, there is a lot of talk about the implementation of cryptocurrency technology (blockchain) in the sports industry. This passion stems from our technological capabilities to upgrade various areas of sports management, including ticketing, merchandise authentication, player contracts, and fan management. Blockchain is useful in overcoming problems such as fraud, counterfeit goods, and unreasonably priced tickets. Therefore, improving transparency and trust in the sports ecosystem is beneficial to sports enthusiasts. Key areas…
Posted 1 minute ago In ~ HBGL Hong Kong Limited, also known as Huobi HK, initially submitted its exchange license application last week but withdrew it three days later on February 23, according to the South China Morning Post. reported, citing the Securities and Futures Commission’s list of license applicants. An HTX spokesperson said Huobi HK operates independently from HTX. Huobi HK did not immediately respond to The Block’s request for comment.The Hong Kong SFC stipulates that cryptocurrency trading platforms that fail to submit license applications by February 29 must close their operations in Hong Kong by May…
American economist and gold advocate Peter Schiff attributed the poor performance of gold mining companies largely to rising inflation rates contrasted with stagnant gold prices. Schiff argues that if the Federal Reserve had not raised interest rates, the inflation rate in the United States would have been much higher. Economists also (…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Do not invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full disclaimer like this:good…
Coinbase, a popular cryptocurrency exchange, plans to list two more altcoins. This decision highlights Coinbase’s ongoing efforts to expand its asset portfolio to provide users with a more diverse and dynamic trading experience. Coinbase Could Soon List Two New Altcoins Coinbase has revealed plans to expand its altcoin offerings, including two new assets: Akash Network (AKT) and Ronin (RON). Akash Network, known for its decentralized cloud computing marketplace, and Ronin, an Ethereum sidechain developed specifically for blockchain gaming, provide important additions to the Coinbase platform. These listings are consistent with the company’s roadmap and prioritize transparency and informed transactions for…
After cryptocurrency mining was banned in China in 2021, the United States has become one of the largest mining hubs for Bitcoin miners. However, regulators have stepped up measures to increase oversight of the industry. Last month, one of the US government agencies issued emergency approval for ‘EIA-862, Cryptocurrency Mining Facility Report’. The investigation has raised alarm among miners as they seek to collect sensitive data from cryptocurrency mining companies operating in the country. These concerns led several involved parties to file a lawsuit last week. EIA’s ‘insufficient’ response to lawsuit On February 22, the Texas Blockchain Council (TBC), Bitcoin…
As humans, we all have the ability to unleash the power of our minds and reach our full mental potential. One way to do this is through MindCoin, a revolutionary new concept that helps individuals harness the power of their minds and take their thinking to new levels. The Science Behind MindCoin MindCoin is based on the idea that our minds are incredibly powerful and capable of achieving great things. By harnessing this power, individuals can improve focus, memory, creativity, and overall cognitive function. How to Maximize Your Mental Potential with MindCoin There are many ways to harness the power…
EtherMail launches email-as-wallet solution, expanding Web3 accessibility to billions of users – Chainwire housenewsroomEtherMail launches e-wallet solution expanding Web3 accessibility to billions of users We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate…
According to data On Lookonchain, an on-chain analytics platform for Ethereum (ETH), whales withdrew approximately $64.2 million worth of ETH from major exchanges. This significant movement of funds coincides with a notable rise in the price of ETH, indicating growing interest in the asset. Ethereum whale movement signals confidence. Lookonchain’s findings show that the majority of ETH supply has moved from exchange wallets to custodial wallets. The on-chain analytics platform reported that an Ethereum address identified as 0x8B94 withdrew 14,632 ETH, worth approximately $45.5 million, from Binance. Lookonchain reports that these funds were actively staked within 6 days, indicating a…
Legal • February 26, 2024 10:47 PM EST Posted 1 minute ago In ~ Terraform Labs co-founder Do-Hyung Kwon’s U.S. Securities and Exchange Commission (SEC) trial on fraud charges will likely not begin on March 25 due to delays in his extradition, Reuters quoted Kwon’s lawyer as saying. reported.Kwon’s attorney, David Patten, said in a letter filed Monday in federal court in New York that the former Terra leader is not seeking to delay the trial date. Reuters It has been reported. Mr. Kwon used to expressed desire The trial, originally scheduled for January to March, was postponed in order…