Bitcoin price is correcting the rise above the $64,000 resistance. BTC may find strong support near the $59,250 level or the 100-hours SMA. Bitcoin price is correcting its upward trend below the $62,250 resistance zone. The price is trading above $60,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the connecting bullish trendline with support at $62,850. This pair could correct downward towards $60,000 or even the 100-hour simple moving average. Bitcoin price adjustment begins Bitcoin price continued its upward trend above the $62,000 resistance…
Author: Crypto Flexs
Read More
A widely respected cryptocurrency analyst is keeping an eye on Bitcoin (BTC) and altcoins as the cryptocurrency market rages. Cryptocurrency trader Michaël van de Poppe says 697,000 followers on social media platform The analyst uses blockchain data provider Covalent (CQT) as an example. “A rotation into altcoins is likely to occur. CQT is breaking out, hitting new yearly highs. There is a standard 20-40% downside -> opportunity, but we expect it to remain at $0.75 in the coming period.” Source: Michaël van de Poppe/X CQT is worth $0.373 at the time of this writing and is up 3% in the…
join us telegram A channel to stay up to date on breaking news coverage The non-fungible token market saw a sharp decline in February, with trading volume and price lows reversing. In this article, we will evaluate whether the NFT market will see an upward trend this month. Most cryptocurrency and NFT analysts have already predicted a potential bull market before the end of the year. NFT sales fell 3% in February 2024. Data from on-chain market data aggregator CryptoSlam.io shows that the global non-fungible token market declined slightly in February. Over the past 30 days, the NFT market’s trading…
February 26 Bitfinex Alpha | BTC and ETH look positive, but alt season has not started yet. Posted at 14:38h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe Both Bitcoin and Ethereum markets look very positive. Bitcoin ETF flows continued to be robust even during a shortened market last week, recording net inflows of approximately $600 million. There is also growing demand for BTC on centralized exchanges, highlighted by a significant withdrawal of over 18,000 BTC from Coinbase, causing the platform to record its lowest Bitcoin holdings since 2017. Redistributing withdrawn…
Yuga Labs is opening the doors to the Otherside for a limited-time event called “Apes Come Home,” giving owners of the Bored Ape Yacht Club NFT another small taste of the long-in-development metaverse gaming world.Rug Radio creator Orangie jumped into the first session on Thursday with his Bored Ape avatar in tow and put together this video, taking a look at the Ape clubhouse and other attractions. And shared whether this little piece of the endgame makes him feel good. His $75,000 was well spent on the Ape NFT. Click below to watch.Stay up to date with cryptocurrency news and…
Cardano (ADA) is gaining speed above the $0.635 resistance zone. ADA is consolidating gains and could target more upside than $0.70 resistance. ADA price maintains its upward trend and faces resistance near $0.70. The price is trading above $0.640 and the 100 simple moving average (4-hours). There is a major bullish trendline with support at $0.6350 on the 4-hours chart of the ADA/USD pair (data source from Kraken). If the bulls remain active above the $0.6220 support, the pair could attempt a fresh increase. Cardano price rises again After forming a base above the $0.5650 level, Cardano started a new…
Posted 1 minute ago In ~ The Delta hard fork was deployed to various Optimism-based chains last week, including OP Mainnet, Base, and Zora.This update, aimed at reducing fixed overhead costs for Layer 1 fees, represents a significant reduction in line with initial expectations. According to OP Labs, Delta has helped reduce costs for chain operators by optimizing blockchain operations.OP Labs, the core developer of Optimism, demonstrated the effectiveness of the Delta hard fork in reducing fixed overhead costs with data from Zora-sepolia, showing a 90% reduction in those costs. This increased Zora’s revenue collection.“We expect this upgrade to ease…
Recently, fees for Litecoin miners were reduced. Nonetheless, the current surge in LTC could lead to increased activity soon.
Cryptocurrency derivatives, including options and futures, have seen a significant surge in daily trading volumes, reaching record highs on various exchanges. Two major players in the cryptocurrency derivatives market, Deribit and Coinbase Institutional, reported unprecedented levels of activity this week.Deribit’s milestonesDeribit, a leading cryptocurrency derivatives exchange, presentation The 24-hour trading volume reached an all-time high of $12.4 billion, and the open interest amount also exceeded $29 billion. Additionally, client assets on the platform surged to $4 billion, marking another record performance.market dynamicsThe surge in derivatives trading coincided with a bullish trend in the U.S. spot Bitcoin ETF market, sending the…
I’ve recently faced a situation involving Bitcoin trading and am seeking some clarification and advice. I gave my Bitcoin address to someone to receive payment, but I haven’t received the funds yet. The sender claims to have sent the money, but it’s been two days since the transaction began. To support their claim, the sender provided me with a screenshot showing a different Bitcoin address than the one I provided. We explained that addresses may change during transaction processing. I’m a bit confused and uncertain as to whether this is true or not. Should the address remain the same as…