Over the past few weeks, Ethereum has finally started to gain some strength against Bitcoin and other top-performing cryptocurrencies. But over the past few weeks, the upside has almost completely disappeared. The price action of rising and then immediately falling formed a potential bearish Japanese candlestick reversal signal. Will ETHUSD continue to decline, or will it begin an upward trend again? We will explore technical signals to watch for. Ethereum ETHUSD reversal signal possible Bitcoin and Ethereum, the top two cryptocurrencies by market capitalization, have seen unusual differences between the two assets in terms of price action. Ethereum bottomed in…
Author: Crypto Flexs
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Fonbnk recently announced a partnership with Avalanche. The announcement was made on Fonbnk’s official X/Twitter account. In a series of tweets, Fonbnk said the partnership would give the Avalanche a boost. Through this collaboration, the Avalanche developer and builder community will benefit from Fonbnk’s off- and on-ramp solutions. This will provide risk-free payments across the African region. The tweet says collaboration is like a fusion of possibilities. Following the partnership, +Fonbnk’s no-code, low-code, easy-to-use APIs and dApps will be readily available to Avalanche developers and customers. Additionally, the developer community can use Fonbnk’s Pay Widget to integrate payment solutions into…
Hello fellow traders and cryptocurrency enthusiasts. This is Jimmy from Platinum Crypto Academy. Today I want to explore some powerful insights that are shaping the world of finance, and more specifically the Bitcoin space. The environment is changing and as traders we need to stay ahead of these changes. Understanding Liquidity-Oriented Markets I have seen firsthand how liquidity, or the ease of converting assets into cash, shapes the dynamics of our investments. Let’s take a closer look at this concept and its implications for traders and investors. Liquidity means the presence of liquid assets in the market. Simply put, it’s…
Legal • January 24, 2024 5:48 AM EST Posted 1 minute ago In ~ The prosecution issued an arrest warrant for Mr. Bang, a key figure in the investigation. Withdrawal suspension Korean media outlet of Delio, a domestic cryptocurrency lending company, and Haru Invest, an investment company. Reported Digital Assets wednesday.It is known that Mr. Bang holds a majority of the shares of B&S Holdings, which Haru Invest identified as the root cause of serial service interruptions. The room’s full name is withheld due to local media privacy regulations.On June 14, 2023, Delio claim to have The lending and lending…
A widely respected cryptocurrency strategist says Ethereum (ETH) is sending bullish reversal signals when it pairs with Bitcoin (ETH/BTC). Trader Michaël van de Poppe told his 685,700 followers on social media platform X that he thinks Ethereum will surpass Bitcoin in the coming weeks. According to analysts, ETH/BTC is showing a bullish divergence on the weekly chart, which indicates that the pair is preparing to move to the upside. “I personally believe that Ethereum will outperform Bitcoin in the coming period and this has started since the approval of ETFs (Exchange Traded Funds). There was a large weekly bullish differential,…
The web is a strange place. Unless you’ve been living under a rock, you’ve probably seen someone’s post about how often people think about the Roman Empire. Obviously, the answer is every day. To be honest, I was as surprised as many of the women in the thread where this issue was discussed. Nonetheless, this strange meme has spawned such a huge social media movement that brands are desperate to get in on the action. But I might be a little late to the party, as that trend has long since died out. Even though the meme is dead, hundreds…
The Rise of Megacoins MegaCoin is a relatively new player in the cryptocurrency world, but is quickly gaining attention for its innovative approach to blockchain technology. Founded in 2018, MegaCoin has established itself as a game-changer in the cryptocurrency world by offering a unique combination of features that set it apart from other digital currencies. Unique features of Megacoin One of the key features that sets MegaCoin apart is that it uses a hybrid algorithm that combines proof-of-work and proof-of-stake. This increases security and decentralization while also providing an energy-efficient mining process. Additionally, MegaCoin focuses on privacy and anonymity and…
The recent lawsuit filed by Harvey Eugene Murphy Jr. against Macy’s and Sunglass Hut highlights growing concerns about the misuse of facial recognition technology in the retail sector. The case, which includes $10 million in claims, highlights the serious risks and ethical dilemmas posed by artificial intelligence (AI) tools when identifying individuals for law enforcement purposes. In January 2022, a robbery occurred at a Houston Sunglasses Hut store. A facial recognition system used by the retailer incorrectly identified Murphy as an armed robber. The lawsuit claims the error was primarily due to poor quality surveillance footage and flaws inherent in…
FOX Business reporter Eleanor Terrett reports widespread anticipation regarding the approval of a spot Ethereum ETF. January 23.Specifically, Terrett suggested that the U.S. Securities and Exchange Commission (SEC) would oppose approving a spot Ethereum ETF. She said:“Another source says that at this very moment the SEC’s position is ‘firmly opposed’ and there is currently ‘some internal resistance’ to the idea.”Terrett did not say whether the source was an SEC member or a member of an asset manager seeking SEC approval.Terrett also noted that SEC Commissioner Hester Peirce, known for her pro-crypto stance, advocated for a simpler decision process. As SEC…
The Avalanche Foundation updates its incredible investment strategy, now exclusively supporting assets issued only on the Avalanche blockchain. According to a recent blog post, the Avalanche Foundation announced exclusive support for meme coins issued only on the Avalanche blockchain. This surprising move, detailed in a blog update, marks a departure from traditional investment approaches. Eligibility criteria states that meme coins must have a total liquidity of at least $200,000 and have at least 50 liquidity providers. Recently launched meme coins are also eligible to participate in the program, but they must have a fully diluted market capitalization of at least…