bitcoin BTC -0.04% The price of has risen more than 6% in the last 24 hours, returning to levels last seen before the collapse of Terra in May 2022.According to The Block’s Bitcoin price page, the largest digital asset by market capitalization rose to $42,100 today. It has seen a sharp decline since breaking the milestone and is currently changing hands at $41,600.This is a full retracement of BTC’s $41,000 level as of early May 2022. We can also see that the value of digital assets has increased by more than 150% since the beginning of the year.The current global…
Author: Crypto Flexs
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Cryptocurrencies, led by Bitcoin, have emerged as a force to change the global financial environment. Bitcoin, a decentralized digital currency, has received significant attention due to its potential to reshape traditional financial systems. In our exploration of Bitcoin and cryptocurrency proficiency, we explore the fundamental aspects, technological foundations, investment strategies, security considerations, real-world applications, and future trajectory of this revolutionary digital asset. So, if you are planning to trade Bitcoin, you should choose the best platform such as: bitcoin buyer.Basic understanding of BitcoinBlockchain Technology: The Basics of BitcoinBitcoin operates on blockchain, a distributed ledger technology that ensures transparency, security, and…
OpenAI founder Sam Altman was fired from his position as CEO.Sam Altman, founder of OpenAI and key developer of ChatGPT, has been removed from his position as CEO by the board of directors. The decision was based on allegations that Altman was “consistently disingenuous in his communications with the board,” impeding the board’s ability to carry out its responsibilities.Interim CEO Mira MuratiOpenAI’s Chief Technology Officer (CTO) Mira Murati will take office as interim CEO. The Board expressed its confidence in Murati’s qualifications and ability to lead OpenAI during her transition period.Ongoing Commitment to the AI MissionDespite the change in leadership,…
North Rock Digital, a leader in digital asset hedge funds, recently made a bold prediction about the altcoin STX (STX). From the statement released At X, the fund highlighted its investment strategy and reasoning that STX is the best altcoin to buy right now. “When looking for long-term ideas, we target ideas with solid fundamentals, supportive token economics, and significant catalysts for the future. STX has the strongest catalyst path and the greatest opportunity for reassessment in the coming months,” the fund said. In-Depth Analysis of Stacks’ Outlook North Rock Digital’s full paper published on Medium goes into detail supporting…
Dukascopy revolutionizes peer-to-peer crypto-to-fiat exchanges with secure fiat settlements – Chainwire housenewsroomDukascopy revolutionizes peer-to-peer cryptocurrency-fiat exchange through secure fiat settlement. We use cookies to make your experience on Chainwire’s website better. 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences…
A cryptocurrency analyst explained how the around $2,000 range has been the main Ethereum support base for years, making it not too late to buy ETH right now. 43.8 million Ethereum was acquired between $1,900 and $2,100. new post At X, analyst Ali discussed why Ethereum is still worth investing in at this point. The analyst cited data from market intelligence platform IntoTheBlock to illustrate this, citing the distribution of the cryptocurrency’s on-chain acquisitions. The data for the cost basis distribution of the asset | Source: @ali_charts on X In the graph above, the dots represent the number of investors…
XRP price is eyeing a significant upside reversal above the $0.650 resistance. A break above the $0.650 resistance could lead to a rebound towards $0.70. XRP is slowly rising above the $0.612 level. The price is currently trading above $0.615 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), there was a breakout above the main descending channel with resistance near $0.618. A break above the $0.645 and $0.650 resistance levels will initiate a new rally for the pair. XRP Price Aims Higher Over the past few days, XRP has…
Posted 1 minute ago In ~ Crypto.com, a global cryptocurrency platform, has received certification as an electronic money institution from the Financial Conduct Authority, a British financial regulator. The EMI license follows Crypto.com’s registration as a cryptocurrency asset business with the Financial Conduct Authority in August 2022. The Cryptoasset Register targets businesses engaging in cryptocurrency asset activities in the UK, with a focus on anti-money laundering and terrorist financing compliance. EMI licenses are broader, allowing companies to issue and manage electronic money and offer a wider range of financial services.According to a statement, the registration will enable Crypto.com to offer…
A widely respected cryptocurrency strategist believes a major rally is imminent for three altcoins, including Cosmos (ATOM) and Gala (GALA). Household analyst Kaleo tells his 608,200 followers on social media platform X that he believes a strong breakout rally for the underlying asset of interoperable blockchain Cosmos is just around the corner. According to Kaleo, ATOM is preparing to clear the diagonal resistance around $9.50. “This time atom “It goes back to its peak and you finally send more than $10.” source: Kaleo/X Looking at the trader’s chart, he seems to be predicting that ATOM could surge to $11.50. At…
Financial giant ING predicted that the Federal Reserve will begin lowering interest rates in the second quarter of next year. “We currently expect a rate cut of 150 basis points in 2024 and a further 100 basis points in early 2025,” said ING’s chief international economist, adding that US economic data showed “further tightening by the Federal Reserve.” “There is no need for a policy,” he confirmed. ING’s outlook for a Fed interest rate cut James Knightley, chief international economist at global financial services company ING, published an article last week explaining why he expects the Federal Reserve to begin…