Author: Crypto Flexs

Bitcoin price rose above the resistance level of $48,000. BTC tested $48,800 and is currently showing signs of a downward correction. Bitcoin price rose above the resistance levels of $46,500 and $48,000. The price is trading above $47,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $48,000. Unless the price closes below the $48,000 support, the pair may continue to rise. Bitcoin price turns green Bitcoin price began to rise significantly above the $45,500 resistance zone. BTC cleared several hurdles near the $46,000…

The picturesque Spanish city of Torrevieja is positioning itself as a pioneer in adopting a ‘crypto-friendly’ digital economy. The Association of Small and Medium Enterprises of Torrevieja (APYMECO) is at the forefront of this ambitious venture, with a comprehensive plan to integrate blockchain technology into the local commerce sector. APYMECO’s strategy unfolds in several stages. The first phase focuses on integrating cryptocurrencies as a medium of exchange for local commerce. The birth of the next generation cryptocurrency city? The initiative bridges the gap between the traditional and digital economies by paving the way for payment for goods and services using…

Farcaster’s total revenue reached $600,000, showing that not only are crypto individuals interested in using the platform, but they are willing to pay for it.The initial success of the decentralized social media platform is in some ways similar to that of FriendTech. When the latter was launched, it experienced several waves of interest, with fees rising significantly before interest faded and the project ultimately died out as it failed to find sustainability. Farcaster is the social platform of choice for the cryptocurrency community today, but questions remain as to whether it will find what FriendTech failed to find: longevity.Farcaster’s first…

Chainlink (LINK) has been experiencing strong positive price activity for three weeks now and is well ahead of the overall cryptocurrency market. connection Prices have skyrocketed It has risen more than 48% since January 25, surpassing $20 on February 11 for the first time since February 2022. Amid this price surge that has pushed the cryptocurrency closer to Dogecoin in the market capitalization rankings, on-chain data has shown consistent whale accumulation. One whale in particular has amassed $83.6 million worth of LINK over the past five days. Chainlink Overtakes Dogecoin in Market Capitalization Chainlink’s price movements this year are: amazing,…

Magic Square Launches Participation-Revenue Campaign with $750,000 Prize Pool – Chainwire housenewsroomMagic Square launches participatory campaign with $750,000 in prize money 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 a specific service explicitly 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…

Adedeji Owonibi advocates for cryptocurrency regulation in Nigeria to combat financial crime, ensure the security and scalability of the industry, and address the complexities of tracking illicit transactions. Intensifying calls for cryptocurrency regulation in Nigeria have highlighted the urgent need to address financial crime, particularly money laundering, in the burgeoning digital currency sector. Adedeji Owonibi, co-founder of A&D Forensics, has been at the forefront of this advocacy, emphasizing the role of regulation in curbing these illegal activities. His insights highlight the complexities and challenges of cryptocurrency trading and highlight the need for government intervention through regulation. Owonibi’s position on this…

“Historically, block rewards have influenced prices by introducing potential selling pressure into the market, with the possibility that every newly mined Bitcoin could be sold,” Zhao wrote. “Currently 6.25 Bitcoins mined per block is equivalent to approximately $14 billion per year (assuming a Bitcoin price of $43,000).”

Bitcoin Cash price rose more than 15%, breaking the $275 resistance line. BCH is currently facing strong resistance near $282. Bitcoin Cash price began a new surge above the $250 resistance level. The price is trading above $265 and the 100 simple moving average (4-hours). On the 4-hours chart of the BCH/USD pair (data feed from Kraken), there is a major bullish trendline forming around support at $258. A break above the $282 resistance zone could see the pair continue to rise. Bitcoin Cash Price Rally Above $270 Bitcoin Cash price began a steady rise after establishing a base above…

One cryptocurrency strategist predicts that Bitcoin (BTC) will maintain its upward trend, closing at $48,000. Pseudonym analyst Inmortal says The 206,200 followers on social media platform “The cryptocurrency has no new entrants and its current price is $48,000. Imagine when the masses come in like in 2021. We will soon rise much higher… Bitcoin is trading at $47,526 at the time of writing, up more than 5% in the last 24 hours. merchant island Believe Floki (FLOKI), a dog-themed cryptocurrency asset, may be one of the best-performing memecoins this market cycle. “Today’s candle +20%. I’ve said it before and I’ll…

SatsCrap, a Bitcoin commodities trading marketplace, has unveiled a new feature called Bitcoin and AI-powered Auctions, streamlining the process of selling commodities for SATs, according to a press release sent to Bitcoin Magazine. This marketplace allows users to easily list, bid on, and purchase items while transacting with Bitcoin without KYC.“Bitcoin is rebalancing global prices,” says Chris Tramount, CEO of SatsCrap’s parent company, Scarce City. “We are creating an option for people to exchange their junk, which will lose value in Bitcoin over time, for future hard currency.”Sellers on SatsCrap are required to deposit a small amount of Bitcoin as…