Ethereum has once again surpassed the $3,000 level after previous attempts failed as FOMO took over investors. Ethereum is up 3% over the past day, recovering above $3,000. Previously, Ethereum made two attempts at the $3,000 level, but both proved short as the asset quickly retreated to lower levels. In the past day, ETH has once again been on the rise, as can be seen in the chart below. ETH appears to have shot up in the past day | Source: ETHUSD on TradingView This surge saw ETH recover sharply by more than 3% from around $2,900 to current levels.…
Author: Crypto Flexs
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Market • February 22, 2024 12:03 PM EST Posted 1 minute ago In ~ Episode 5 of Season 6 of The Scoop was recorded as follows: The Block’s Frank Chaparro and Bitwise Chief Investment Officer Matthew Hougan.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Matthew Hougan is the Chief Investment Officer at Bitwise, one of several asset managers that recently launched a spot Bitcoin ETF.In this episode, Hougan shares his insider perspective on how market participants are reacting to…
In a bold move that signals a paradigm shift in cryptocurrency investing, investors in the Solana (SOL) ecosystem are diversifying their portfolios through the following investments: Option 2 Trade (O2T)Discover , a giant in emerging AI technology, with an attractive entry price of $0.0091. This strategic shift is not simply about diversifying investment risk. This is evidence of burgeoning confidence in the transformative potential of AI within the cryptocurrency space. Let’s take a look at how Solana (SOL) investors are at the forefront of this revolution, marking a major milestone in the adoption of AI-enhanced cryptocurrency investing. Strategic Shift to…
Polygon (MATIC) price broke out of a downward resistance trend line that had existed for over 780 days. Is this the start of a new bullish cycle or will MATIC not be able to maintain its upward trend? Continue reading below to find out. Polygons finally escape According to technical analysis on weekly time frames, MATIC price broke out of the 780-day bearish resistance trend line last week. The weekly closing price is the highest since April 2023. MATIC fell slightly after the breakout, but retested the resistance trend line as support this week. This is a typical move after…
A prominent cryptocurrency analyst is taking a bullish stance on a billionaire-backed peer-to-peer storage altcoin project. A pseudonymous trader known as Altcoin Sherpa says 207,700 followers on social media platform “FIL: I think this number will double in the next few months.” Source: Altcoin Sherpa/X Looking at the trader’s chart, he suggests that Filecoin could turn the 50% level of the trading range into support and rise to $16.20. The billionaire Winklevoss twins first invested in Filecoin through their venture capital firm in 2017. They went on to co-found Gemini, a cryptocurrency exchange platform. Filecoin is trading at $7.19 at…
Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the areas of privacy and cybersecurity, according to a recent Form N-1A. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning privacy technology and cybersecurity sectors. Privacy takes center stage(…)
DarkTron is a mysterious and elusive entity that has been the subject of much speculation and conspiracy in recent years. Despite its enigmatic nature, there is still a lot we can learn about DarkTron and its potential implications. In this article, we will delve into the dark world of DarkTron and explore what you need to know about this secretive phenomenon. What is Darktron? DarkTron is a sophisticated and highly complex network of interconnected digital systems that operate in the shadows of the Internet. They are well known for their covert activities and ability to evade detection and capture by…
Bithumb has designated Velo Protocol’s VELO as a warning cryptocurrency for transparency issues and will suspend deposits from February 22nd. Bithumb plans to re-evaluate its status in March. Bithumb, Korea’s largest cryptocurrency exchange, designated Velo Protocol’s VELO token as a cryptocurrency for investment caution starting February 22, 2023. The exchange cited Velo’s lack of transparency about its business activities and failure to comply with previous requests for improvement as reasons for the designation. VELO deposits will be suspended from 4pm on February 22nd. Bithumb plans to decide whether to extend the cautionary designation in early March. During the specified period,…
Hackers stole more than $6.2 million in digital assets from 22 LastPass users between February 19th and 20th.ZachXBT, a blockchain investigator, and Taylor Monahan, a developer behind cryptocurrency wallet MetaMask, were revealed on February 21st. post They meticulously tracked the movement of funds in 41 compromised wallets on social media platform X (formerly Twitter). This wallet consists of 21 Bitcoin and 20 Ethereum addresses, all of which were affected by the breach.LastPass hacking victim (Source: ZachXBT/Monahan)Monahan emphasized that the stolen assets span a variety of cryptocurrencies, such as Cardano, Polygon, Dogecoin and Wrapped Bitcoin, primarily on the Ethereum virtual machine…
Cryptocurrency futures trading integrates digital currencies with futures trading, enhancing transparency, security, and global market access. Blockchain technology is revolutionizing commodity markets and the agricultural sector. Imagine entering the vibrant world of financial markets, where the buzz of exchanges is replaced by the digital hum of servers executing trades in milliseconds. At the heart of this change is the concept of cryptocurrency futures trading, an area that combines the pioneering spirit of digital currencies with age-old futures trading practices. This innovative fusion allows traders to speculate on the future price of cryptocurrencies without the need to hold actual digital coins,…