Bitcoin (BTC) risks “rolling over” to undo its latest uptrend, new analysis warns as altcoins surge.in post On December 9th, popular analyst and social media commentator Matthew Hyland on X (formerly Twitter) expressed caution regarding BTC price action.Bitcoin dominance risks breaching key levelsBitcoin bulls maintained their hot momentum through the end of Wall Street trading this week. BTC/USD hit a 19-month high of $44,729 on Bitstamp on December 8.Data from Cointelegraph Markets Pro and TradingView tracked subsequent returns below $44,000 as Bitcoin consolidated in its intraday range.BTC/USD 1-hour chart. Source: TradingViewBut for Highlands, there are more ominous signs that the…
Author: Crypto Flexs
Read More
The cryptocurrency community may be on the verge of a full-blown bull market, according to a recent research report released by Binance, the world’s largest cryptocurrency trading platform. This report explores various narratives within the cryptocurrency space to gauge current market sentiment and potential future trends. Remarkable growth in cryptocurrency market value One of the key points highlighted in the Binance report is that the overall value of cryptocurrencies has surged significantly since the beginning of the year. Since January, the cryptocurrency market has recorded an incredible 110% growth, with over $870 billion in capital added. As a result, its…
“National security advisors reviewed progress on a wide range of tripartite initiatives, including commitments to consult on regional crises, share ballistic missile defense data, and our joint efforts to counter North Korea’s use of cryptocurrency to generate illicit revenue and mass destruction. It said ‘weapons program’.
Tools For Humanity, the lead developer of Worldcoin, the cryptocurrency project co-created by Sam Altman, is discussing raising more capital through a sale with investors. world -1.85% token.TFH has been talking to several investors over the past few weeks about a possible over-the-counter sale of WLD. Two people familiar with the process said the company hopes to raise up to $50 million and that WLD is likely to be priced at $1 per token. This is a significant discount compared to the typical spot price of $2.50. However, another person close to the deal emphasized that no terms have yet…
join us telegram A channel to stay up to date on breaking news coverage that much DeFi sector Within this volume, it contributes $8.34 billion, representing 11.50% of the total cryptocurrency market 24-hour volume. Likewise, stablecoins accounted for a significant portion of the total cryptocurrency market size worth $64.45 billion during this period, accounting for approximately 88.91%. 6 Cheapest Cryptocurrencies You Can Buy for Less Than 1 Cent Right Now Bitcoin’s dominance, a key indicator in the cryptocurrency landscape, has decreased slightly, currently sitting at 52.73%, down 0.81% for the day. This data indicates a significant increase in market capitalization…
The cryptocurrency world is a dynamic ecosystem bustling with various tokens. Some projects focus on pure utility, aiming to solve real-world problems, while others ride the wave of meme-driven hype. In 2023, several meme coins emerged and captured the market with their light-hearted nature and playful communities. But as 2024 approaches, important questions arise. Will the meme-driven craze continue, or will utility-focused projects like Retik Finance (RETIK) ultimately win out? Memes vs. Utility: A Tale of Two Worlds Meme coins are often inspired by popular internet trends or personalities and build a following based on humor and community engagement. These…
Orbs Invests $600,000 in BNB Chain Liquidity Layer THENA – Chainwire housenewsroomOrbs Invests $600,000 in BNB Chain Liquidity Layer THENA We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the…
The 2024 forecast from VanEck, a global investment management firm for cryptocurrencies, presents a transformative year for the cryptocurrency sector, highlighting the pivotal events and trends that will redefine the digital asset landscape, from economic fluctuations to groundbreaking technological advancements.The forecast is based on analysis of more than just the cryptocurrency sector, looking at economic trends, technological developments, and regulatory dynamics. From the expected U.S. recession and the launch of a spot Bitcoin ETF aimed at strengthening Bitcoin’s resilience above $30,000 to the fourth Bitcoin halving to boost market value, these predictions are pivotal for the cryptocurrency journey. Illuminate the…
Posted 1 minute ago In ~ Solana-based liquid staking protocol Jito’s governance token surpassed $1.1 billion in trading volume within one day of launch.Yesterday, the project launched the Jito token, distributing it to community members and enabling decentralized governance.According to The Block’s pricing page, shortly after launch the token began trading around $2 and has since risen in value by nearly 45%. The token is currently trading at $2.9, which translates to a fully diluted market capitalization of $2.9 billion.The total supply of Jito tokens is limited to 1 billion, with 115 million currently in circulation.Of these, 80 million were…
It was another great week for cryptocurrencies. Bitcoin rises 14% Over the past seven days, the Fear and Greed Index has been at Greed (73) and the market as a whole has been in the green.Solana BlockchainIn particular, the Solana blockchain performed very well. 78% in the past month This has had a positive impact on the Solana blockchain project. Solana prices – last 30 daysfor example. This week’s top 100 risers: BONK +219% (7D)A dog-themed meme coin launched in December 2022 with the goal of supporting Solana-based decentralized exchanges and boosting SOL token adoption.Within Micro-Caps, we have seen some…