One cryptocurrency trader believes smart contract platform Solana (SOL) has yet to bounce back. Household analyst The Flow Horse told his 191,100 followers on social media platform X that Solana bulls continue to accumulate SOL regardless of the price. With heavy buying activity, top traders believe SOL is gearing up for another rally. “Non-stop consistent taker activity on SOL everywhere. This is grinding for pop. I think $80 is a reasonable next target.” source: Flow Hose/X The analyst also says Solana appears to be bouncing back whenever it hits a key trend indicator on the 4-hour chart. “SOL seems ready…
Author: Crypto Flexs
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Friends, As the year of the Merge ends, we wanted to share updates from many of the Ethereum gardeners and EF-supported teams that achieved long sought accomplishments, both big and small, alongside the rest of the ecosystem in 2022. We all have a lot to be thankful for, from the new communities we’ve come to know, to having each other through it all! As always, this roundup series focuses on EF-supported teams whose members are working to grow and improve Ethereum as a whole. Included in this edition are updates from many teams highlighted in the previous report, and other…
The Fund uses investor capital to purchase call options on MSTR while simultaneously selling put options. Premiums collected through these transactions are distributed to shareholders as monthly returns. Investment firm YieldMax has sent a request to the Securities and Exchange Commission (SEC) seeking regulatory approval for an exchange-traded fund (ETF) offering monthly returns tied to MicroStrategy derivatives. If approved, the ETF is expected to launch in 2024 under the symbol MSTY under the name Option Income Strategy ETF. YieldMax, the company behind the offering, plans to structure MSTY as a “comprehensive covered call” fund focused on publicly traded corporate analytics…
Posted 1 minute ago In ~ Stock market volatility is expected to increase next week due to two important events for Wall Street: the Federal Reserve’s latest interest rate decision and the release of November inflation data. According to Bloomberg, traders expect the incident to lead to turbulent markets as the financial community tries to predict the economic climate in 2024. One measure of expected volatility is at its highest level since March, according to the report. The central bank is expected to keep interest rates steady after March 2022, following an unprecedented series of rate hikes. Retail investors are…
reporter Posted on: December 11, 2023 Whales have started selling their ETH holdings. The price stayed the same and institutions started showing interest in ETHE. The price of Ethereum (ETH) has soared over the past few weeks. This may cause many holders who got in early to try to sell their holdings for a profit. One large whale has already begun selling off its holdings. Take Profit Season Whales, who are skilled in Ethereum ETH swing trading, recently started selling ETH. The whale deposited a significant amount of 3,700 ETH (equivalent to $8.72 million) on the Binance platform. The whale…
join us telegram A channel to stay up to date on breaking news coverage ‘Best Cryptocurrencies to Buy Now’ is one of the most searched cryptocurrency-related terms on Google, and InsideBitcoins lists several options every day. In the latest update cryptocurrency globeThe current total market capitalization is $1.66 trillion, showing a slight decline of 0.71% over the past 24 hours. However, the cryptocurrency’s 24-hour trading volume remained at $203.83 billion, down -7.60%. Best Cryptocurrencies to Buy Now Trading activity within the decentralized finance (DeFi) sector reached $7.05 billion, accounting for 14.05% of the total cryptocurrency market size during the period.…
Decrypt Media Inc. back radio announced its intention to merge to create the world’s largest distributed publishing company. Codenamed (redacted), the alliance aims to revolutionize tech media and bring together the powers of content creation and consumption.Under the terms of the merger, eligible members of Rug’s broader community will work with Decrypt’s editors to produce editorial content on a wide range of topics. In return, Decrypt’s editorial staff will have access to Rug’s creator platform, a proprietary suite of video casting tools. (redacted) plans to work with Arbitrum to build a cutting-edge ad technology network that supports (redacted) and other…
Block, Inc. develops self-custodial Bitcoin wallets available in more than 95 countries on six continents, empowering individuals by expanding access to self-custodial cryptocurrency wallets globally. Millions of Bitcoin token holders store their cryptocurrency under the custody of a custodian exchange or platform manager. This new self-managed solution allows users to maintain ownership of their private keys, currently stored on the device, memorized or stored in the form of long passwords, for the purpose of retrieving lost funds. Bitkey has provided a secure and simple self-storage Bitcoin wallet to help you save your investments and manage your funds domestically and across…
Ethereum (ETH) is facing selling pressure with the potential to break above $2,300, a cryptocurrency analyst said. Whales have been actively taking profits, which could trigger massive selling pressure on the world’s second-largest cryptocurrency. Ethereum price volatility Ethereum (ETH) price has been positively impacted by the recent bullish momentum in global cryptocurrency markets, with Bitcoin (BTC) breaking above the $43,000 price area. ETH holds a unique market position due to its extensive developer community, widespread adoption, and its pivotal role in decentralized finance (defi) and various blockchain applications. Despite the current positive momentum, there are concerns about the potential impact…