One closely watched analyst believes a low-cost altcoin, which has risen nearly six-fold in the past three months, is poised for a big rally. pseudonym analyst Bluntz says 238,000 followers on social media platform Bluntz shares a chart that suggests MOVR has completed an ABC corrective wave and is poised to rise close to $40. “I still love MOVR. This setup is one of my favorites with price ranges and high and low swings on both sides. This will send my opinion.” source: Blunts/X Bluntz uses Elliott Wave theory, a technical analysis approach that attempts to predict future price movements…
Author: Crypto Flexs
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Cryptocurrencies have taken the financial world by storm in recent years. The success of Bitcoin and Ethereum has led to the emergence of many new digital currencies, each with unique features and growth potential. One cryptocurrency that is gaining attention in the cryptocurrency community is OpalCoin. OpalCoin may not be as well-known as some other currencies, but OpalCoin has the potential to be the next big thing in the world of digital currencies. What is OpalCoin? OpalCoin is a decentralized digital currency that uses blockchain technology to provide secure and anonymous transactions. It was created with the goal of providing…
Chainwire, Paris, France, January 26, 2024 Twentysix Cloud is an all-in-one decentralized cloud marketplace based on aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch is an important step in connecting the growing demand for computing resources with decentralized cloud solutions. Aleph.im announces the launch of its innovative hub. Twentysix Cloud is a decentralized cloud marketplace that provides a wide range of blockchain-based storage, compute engines, indexing, and AI solutions for businesses and applications. Twentysix Cloud leverages the aleph.im network to ensure a secure, resilient, and transparent user experience. It sets a new standard for modern cloud infrastructure by leveraging dozens…
In a move toward a more diverse Ethereum-running client ecosystem, staking provider AllNodes presentation A complete transition from Geth to Besu. With this change, AllNodes eliminated the use of Geth from its entire network of 23,895 nodes, marking a milestone in its ongoing efforts to reduce the current centralization around Geth, its majority client. AllNodes are migrated to Besu. The non-custodial staking provider said in a post to Geth is the most widely used running client for Ethereum nodes, but analysts are concerned about its dominance and potential security vulnerabilities if Geth is exposed to bugs. Ethereum price is showing…
If there’s one thing that has united members of the cryptocurrency community in recent months, it’s the emergence of points.It’s just that they don’t support them, they just oppose them.“The point is, this is probably the stupidest bypass I’ve ever had in cryptocurrency while I’ve been here. He’s also a borderline fraudster.” said Gabriel Shapiro, Delphi Labs’ general counsel for X.This frustration can be seen in the response to a new project announcing a points program. “Wow, some good points. That’s really interesting. “I could give you points, but imagine giving tokens,” he said sarcastically. answered One even harsher In…
The U.S. Personal Consumption Expenditures (PCE) index, the U.S. Federal Reserve’s preferred inflation indicator, rose by an average of 2.9% per year and 0.2% per month in December last year. The so-called core PCE increased 0.1% monthly but declined 3.2% year-to-date, making it an interesting year for Bitcoin. As the US trading day began, stock futures fell slightly, while cryptocurrency and Bitcoin remained mostly flat. Prior to the US inflation news, Bitcoin was trading at $41,122.08 and fell slightly before recovering to $41,831.43 as of press time. Why US Inflation Matters for Bitcoin PCE is still above the 2% target…
Ethereum options trading volume hit an all-time high in January. The coin showed a decrease in open interest in the futures market. Ethereum (ETH) options trading volume has surged to an all-time high, hitting $17.9 billion so far this month, according to The Block Data. dashboard. This is a 2% increase over the $17.7 billion trading volume recorded in the coin options market in December. Source: The Block An evaluation of the coin’s put-call ratio found that a significant number of the 932,000 Ethereum options contracts expiring on January 26 were bets on price increases. In a recent post by…
January 25th Bitfinex Pay – Release V0.6 that much Bitfinex Pay Merchant Dashboard An internal tool designed to provide merchants with powerful reports and features to manage their merchant cryptocurrency gateway. We are excited to share the latest updates on Bitfinex Pay. For more information about Bitfinex Pay, please visit https://blog.bitfinex.com/category/bitfinex-pay/. Seller Dashboard characteristic POS (Point of Sale) function has been added. Merchants can now request to enable this feature to generate invoices from any device (desktop, laptop, mobile, tablet) in the new Bitfinex Pay POS web app, allowing merchants to accept payments in physical stores. This is a Pro…
As the world of cryptocurrency continues to evolve, new players are emerging and taking the market by storm. NyanCoin, a cat-themed cryptocurrency, has quickly become popular among cryptocurrency enthusiasts and cat lovers alike. NyanCoin has quickly made a name for itself in the highly competitive world of digital currencies through its unique brand and innovative technology. What is NyanCoin? Launched in 2014, NyanCoin is a peer-to-peer digital currency based on the popular internet meme of Nyan Cat. Cryptocurrencies use proof-of-work algorithms to secure the network and enable transactions. NyanCoin is designed to be fast, secure, and decentralized, making it an…
Ethereum (ETH) is witnessing a potential $1 billion selloff. This significant transaction has its roots in the actions of Chelsea, a bankrupt cryptocurrency lender. According to a report by on-chain analyst Lookonchain, Chelsea has begun transferring 459,561 ETH, estimated to be worth around $1.014 billion, to various exchanges. This large distribution includes 297,454 ETH ($656.5 million) transferred to Coinbase Prime, 146,507 ETH to Paxos Treasury, and smaller amounts totaling 7,800 ETH ($17.2 million) transferred to FalconX and Coinbase respectively. Despite this transfer, Lookonchain revealed that Chelsea still holds 62,468 ETH, worth approximately $139 million. Celsius Transfer 459,561 $ETH($1.014 billion) was…