A widely respected cryptocurrency analyst says smart contract platform Solana (SOL) has more room to operate after posting triple-digit profits so far this year. Cryptocurrency trader Bluntz says 230,500 followers on social media platform Bluntz said Solana, when paired with Bitcoin, formed a bullish setup. A strategist who applies Elliott Wave theory to technical analysis says the Solana/Bitcoin pair (SOL/BTC) has completed a bearish 5-wave pattern and is on the cusp of a move that could result in a rally of more than 100%. 41%. According to Elliott Wave Theory, sub-waves can be used to identify potential turning points in…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Pre-sales for Chimpzee are wrapping up quickly. The 16-episode pre-sale journey will end in less than a week. There has been a noticeable surge in investor enthusiasm around $CHMPZ. This can largely be explained by the increased media coverage of the project. Why are investors flocking to CHMPZ presale? Forecasts indicate that $CHMPZ is likely to surge between 800% and 3000% depending on broader market conditions. In this article, we’ll look at some of the key reasons why Chimpzee will potentially gain attention as it launches.…
Cryptocurrency markets are filled with optimism this week as Bitcoin and major altcoins recover from recent bear markets. mat hoganBitwise Asset Management’s Chief Investment Officer added to the enthusiasm in a recent interview, predicting Bitcoin will surge to all-time highs. key point ITwise CIO Matt Hougan predicts Bitcoin will hit a new all-time high amid the ongoing cryptocurrency market rally. Key drivers include expectations for a Bitcoin spot ETF, low interest rates, and unprecedented institutional investment. Hougan believes that an influx of “big money” from major financial institutions will fuel further rises in the price of BTC. He claims that…
JAN3, a leading Bitcoin technology company, has unveiled its latest venture, JAN3 Financial, which aims to onboard nations and high-net-worth individuals to Bitcoin, according to a press release sent to Bitcoin Magazine. The move is aimed at addressing the growing demand to acquire and secure Bitcoin among countries, public institutions, corporations and high-net-worth individuals. “Countries and companies need powerful means to acquire Bitcoin. We can provide customized solutions to accumulate Bitcoin reserves,” said Samson Mow, CEO of JAN3. “The JAN3 team’s expertise uniquely positions us to meet the distinct needs of our national customers, providing unparalleled solutions for Bitcoin acquisition,…
EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was launched by Société Générale, France’s third largest bank, marking a significant milestone for the banking industry. This new achievement marks the beginning of a new era in the European stablecoin landscape and marks an important milestone in the integration of traditional finance (tradFi) and digital assets. In an effort to bridge the gap that exists between traditional capital markets and digital assets, SG Forge, the cryptocurrency arm of Société Générale, created EURCV. Our goal is to bridge the gap. Its value extends beyond the platform provided by Société Générale to make it…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. Colombian President Gustavo Petro made headlines by expressing support for the adoption of Bitcoin (BTC), embracing the cryptocurrency’s potential. These developments have also sparked renewed interest in altcoins such as Shiba Inu (SHIB) and Meme Moguls (MGLS). Colombian President Accepts Bitcoin Gift Colombian President Gustavo Petro recently made headlines after receiving a gift of 100,000 satoshis in BTC from Samson Mow. This symbolic gesture was intended to introduce President Petro to the cryptocurrency market. In acknowledging this digital gift,…
Withdrawals are coming! The Shapella network upgrade will be activated on the Goerli network in the epoch. 162304Scheduled for March 14, 2023 at 10:25:36 PM (UTC)Stakers and node operators should read this post along with this one. Withdrawal FAQthat much Zhejiang testnet It can be used to test Shapella functionality before upgrading Goerli.all Shapella Community Call It is scheduled for March 13, 2023 at 15:00 UTC.You can now sign up to receive emails about these upgrade announcements. To do so, scroll to the bottom of the page 📩 After smooth Sepolia conversion, a Shapella upgrade is now scheduled for the…
CryptoQuant Report Predicts bitcoin BTC -1.95% From the current price of $43,000, it is likely to exceed $50,000 in early 2024.The forecast is based on analyzing Bitcoin’s user activity using the Metcalfe price valuation band metric, taking into account factors such as market capitalization, trading volume, and user activity. The report suggested that Bitcoin’s target price range could be $50,000 to $53,000 early next year.“Bitcoin could target $50,000 to $53,000 depending on how network activity is valued,” CryptoQuant analysts said. According to the latest data from CryptoQuant, Bitcoin supply yield is currently over 88%.Selling pressure may increaseThe report cited a…
ORDI price is up 185% over the past 7 days, making it the biggest gainer of the week. Yesterday, prices created the first daily bearish candle, following six bullish candles. Is this a sign of things to come or will we hit new all-time highs? ORDI continues its rapid rise ORDI prices have risen since hitting a local low on September 11. The altcoin hit a higher low on October 16 and then started rising rapidly. Initially, ORDI price was rejected by the then all-time high resistance of $25 (red icon). However, the price did so on December 2 and…
Pantera Capital predicts Bitcoin’s price, Binance’s traditional financial partners are heading for the exits, and North Korean hackers are cashing out millions in stolen crypto? This week we bring you these stories and more in cryptocurrency. Bitcoin’s most oversold level since the coronavirus outbreak Technical indicators showed Bitcoin was extremely oversold after falling more than 10% as investors preferred rising bond yields over risky assets. Bitcoin’s relative strength index (RSI) fell below 30, the lowest level since the COVID-19 outbreak in March 2020. A reading below 30 means prices have fallen too quickly compared to recent averages. Pantera Capital Reveals…