Bitcoin, Ethereum, and other cryptocurrencies have been making waves in the financial world over the past few years. However, while these digital currencies have primarily been used for investing and trading, a new type of cryptocurrency is emerging that focuses on giving back to the community. Charity Coin is a revolutionary digital currency that will change the way we think about charitable giving and have a positive impact on the world. What are charity coins? Charity Coin is a decentralized cryptocurrency designed to be used for charitable donations and social impact projects. It is safe and transparent as it operates…
Author: Crypto Flexs
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About $3.6 billion worth of Bitcoin options contracts on some of the largest derivatives exchanges are set to expire later today. What does the price of the biggest digital coin mean?Most of the options are with Deribit, which holds $95 million worth of contracts, and CME, which holds $1.6 billion worth of expiring contracts, according to Coinglass and CME data.In the world of derivatives, options allow traders to speculate on or hedge against the volatility of an asset. With Bitcoin options, traders purchase a contract to buy or sell an asset at a later date at an agreed upon price.This…
Bitcoin price is struggling to break above the $52,000 resistance level. BTC is now at risk of a downside breakout below the $50,500 support area. Bitcoin price is struggling to break the $52,000 resistance zone. The price is trading below $51,800 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a bearish flag forming with support at $51,120. A break below the $50,500 support could start a major downtrend for the currency pair. Bitcoin price is struggling below $52,000. Bitcoin price remained in a short-term negative zone below the $52,200 resistance…
Trader Ali Martinez said the leading Ethereum (ETH)-sized cryptocurrency project could see double-digit gains over the long term. Martinez says 46,800 followers on social media platform “Polygon shows promising signs over the long term. The general pattern appears to be a multi-year symmetrical triangle. If MATIC can hold a close above $0.96, it could signal the start of a bullish rally with a potential target of $1.73!” Source: Ali Martinez/X Polygon is trading at $0.977 at the time of this writing, up about 38% over the past four weeks. Switch to Bitcoin (BTC) as a cryptocurrency trader Called The behavior…
After a poor performance in January, Bitcoin gained momentum in February and rose about 22%, indicating aggressive buying by the bulls. The CoinShares Digital Asset Fund Flows Weekly Report shows $2.45 billion in weekly inflows into digital asset investment products last week. This brings total inflows year-to-date to $5.2 billion. Bigger whales with between 1,000 and 10,000 bitcoins in their wallets, according to data from market intelligence platform Santiment. purchased The value of Bitcoin in 2024 is $12.95 billion. However, during the same period, smaller whales with 100 to 1,000 Bitcoins in their wallets were sellers worth $7.89 billion. In…
DeFi • February 23, 2024, 4:39 AM EST Posted 1 minute ago In ~ Uniswap has launched the ‘uni.eth’ subdomain using the Ethereum Name Service infrastructure to allow users to translate complex hexadecimal Ethereum addresses into human-readable names.Users can request a uni.eth subdomain through the Uniswap mobile app, which provides one subdomain for free. The name change is designed to eliminate gas generation through off-chain resolver contracts.An ENS subdomain is a domain created under an existing ENS domain name and is typically used to manage multiple ENS identities, similar to subdomains for existing websites.Any ENS domain owner, such as uni.eth,…
Gauntlet decided to step down from his role as risk manager at Aave, citing governance and operational issues as the main reasons. This announcement marks the end of a four-year collaboration that helped grow Aave. Gauntlet Ends Partnership with Aave Due to DAO Dispute Blockchain risk management company Gauntlet has officially (…)
Cryptocurrency exchange Kraken has asked to dismiss the SEC lawsuit, arguing it overextends regulatory scope and poses a threat to commerce. Cryptocurrency exchange Kraken has filed a motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). He argued that the agency was setting a dangerous precedent that could potentially give it unfettered authority over a wide range of commerce. The legal battle marks another chapter in the regulator’s ongoing investigation into cryptocurrency companies. background of the incident The SEC has taken various cryptocurrency companies to court for violating securities laws. The lawsuit against Kraken focuses…
The index is up more than 11% over the past seven days, while FIL and GRT are up more than 40%, defying moderate weakness in the overall market. Index leader Chainlink’s LINK token fell 10%. The CoinDesk 20 index, a broad cryptocurrency market benchmark, fell 2% in seven days as Bitcoin (BTC), the world’s largest cryptocurrency by market value, fluctuated between $50,500 and $52,500.
Cardano (ADA) is trimming gains at the $0.642 resistance zone. ADA could start a new rally if it stays above the $0.5550 support area. ADA price is showing some signs of weakness below the $0.600 level. The price is trading above $0.5550 and the 100 simple moving average (4-hours). A break occurred below the main bullish trendline with support at $0.610 on the 4-hours chart of the ADA/USD pair (data source from Kraken). If the bulls remain active above the $0.570 support, the pair could attempt a fresh increase. Support for Cardano price decline After forming a base above the…