Bitcoin price’s recent correction from all-time highs has sparked speculation within the cryptocurrency community, with many questioning whether the bull market will remain intact and what the next price move will be. BTC is currently trading below $95,000, down nearly 7% from its all-time high of over $99,000 recorded on November 22nd. BTC N/A Golden Cross Outlook As prices continue to fall, CryptoQuant analyst known as Darkfost shared his insights on the current state of the market, focusing on a key on-chain indicator, the NVT Golden Cross. This indicator, which evaluates the relationship between market capitalization and trading volume, recently…
Author: Crypto Flexs
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London, UK, November 26, 2024, Chainwire With Bitcoin reaching the $100,000 milestone, the cryptocurrency market is gearing up for the next cycle. Historically, these surges in BTC value lead to altcoin pumping, with liquidity flowing into the memecoin sector. This momentum makes memecoins, which offer compelling narratives and valuable utility, a focus for investors. Pepeto, the Frog God, is emerging as a standout contender, garnering nearly $1 million in the pre-sale phase and attracting owners of Pepe, Shiba Inu, and Dogewithat. there is. Pepeto, which is in a position to accept all next-generation memecoins through a dedicated exchange, is emerging…
Iris Coleman November 26, 2024 18:17 Ambrus Studio, led by CEO Johnson Yeh, is pioneering a Web3 gaming model with Sui to monetize and educate about climate change. Their game, E4C: Final Salvation, targets emerging markets. Ambrus Studio, led by CEO Johnson Yeh, is at the forefront of innovative approaches to gaming, incorporating Web3 technology to address both monetization issues and climate change awareness. This innovative effort leverages the Sui platform and its advanced capabilities, including the Move programming language and Dynamic NFTs, to build E4C: Final Salvation, a game designed to reach traditionally…
contributor Posted on: November 27, 2024 Beam was approaching the critical support level of $0.0202 at press time. On-chain indicators indicate a decline in whale and trading activity. Beam (BEAM), a privacy-focused cryptocurrency, underwent a significant test on the daily chart as its price neared a key support level at $0.0202. The asset plunged more than 16% in less than 48 hours, raising concerns among market participants about its near-term trajectory. Source: TradingView As the price of Beam continued to fall, the stochastic RSI was approaching oversold territory at press time. These developments could signal a potential price reversal, a…
Somnia Announces Partnership with Ankr to Strengthen Developer Infrastructure and Drive Innovation – Chainwire housenewsroomSomnia Announces Partnership with Ankr to Strengthen Developer Infrastructure and Drive Innovation We use cookies to make Chainwire’s website a better experience. 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…
Louisa Crawford November 26, 2024 18:33 AMD has launched the Alveo V80 accelerator, designed to handle memory-bound workloads in HPC and AI, delivering significant improvements in memory bandwidth, logic density, and network throughput. AMD announced the launch of the Alveo V80 compute accelerator, its latest innovation aimed at optimizing memory-bound computing workloads in high-performance computing (HPC) and artificial intelligence (AI) applications. According to AMD, these new products from AMD are tailored to meet the growing demands of large data set workloads, delivering significant performance and scalability improvements. Enhanced capabilities for data-intensive workloads The Alveo…
Crypto fund issuer Valor has launched its first exchange-traded product (ETP) for popular memecoin Dogecoin (DOGE), according to a November 26 announcement from Valour’s parent company, DeFi Technologies.The ETP will be traded on Sweden’s Spotlight Stock Market, giving retail and institutional investors exposure to the world’s largest memecoin by market capitalization in a regulated fund wrapper, Valor said.The asset manager launched the Valor DOGE ETP. “(i) Considering the results of the recent (US) presidential election and the resulting surge in demand for Dogecoin (…) strengthened by influential figures such as Elon Musk,” said Johanna Belitz, Head of Nordics at Valour.…
Timothy Morano November 26, 2024 19:10 Bitcoin approaches $100,000 as long-term holders distribute 507,000 BTC. A surge in price action sets a new ATH for daily realized profits. According to Glassnode, Bitcoin is on the verge of hitting $100,000 after breaking a series of all-time highs. This price surge led long-term holders (LTHs) to significantly increase their circulation, taking advantage of the lucrative market conditions. Intense long-term holder distribution During the rally, LTH distributed 507,000 BTC, resulting in significant asset turnover. This volume is less than the 934,000 BTC offloaded during the March 2024…
Los Angeles, CA, November 26, 2024, Chainwire Connecting Web2 and Web3: Haliey Welch and overHere unite cryptocurrency and meme culture Haliey Welch, known worldwide as the person behind the viral “Hawk Tuah” meme, announced today on an episode of Talk Tuah with X (formerly Twitter) and Mark Cuban that she will have an official meme coin, $HAWK. In partnership with pioneering Web3 launchpad and platform overHere (X: @overHere_gg), this groundbreaking initiative is poised to redefine meme coins and usher in a new dimension of consumer cryptocurrency. overHere x $HAWK whitelist Interested fans can claim free $HAWK tokens by whitelisting on…
Solana reaches DEX volume milestone. Overtakes Ethereum and BSC. Memecoin drives network traffic. Decentralized finance (DeF) has seen significant growth over the past few years. This year, Solana has significantly increased its dominance. Thanks to its influence in the memecoin market, Solana has slowly overtaken other networks in this metric. According to the latest data, Solana has reached an important milestone. For the first time in a decentralized exchange, network size surpassed $100 billion. Solana’s DEX traffic now exceeds that of all Ethereum and L2 combined. Solana Breaks Record with DEX Trading Volume of $115 BillionMemecoin is once again putting…