In every way, cryptocurrency is at a crossroads. Across the markets, legal and regulatory environment, and Web3 startup ecosystem, there is little disagreement among industry leaders that 2024 could be one of the most important years for cryptocurrency. Whether these events will finally lift the industry out of winter and to new highs, or whether it will put it in jeopardy, remains another question.But don’t panic, dear reader. Nothing can be certain about the future, especially when it comes to cryptocurrency.decryption We spoke with analysts in the finance, policy, and NFT fields to get a peek behind the scenes.After looking…
Author: Crypto Flexs
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Bitcoin price maintains an upward trend above the $41,500 area. BTC is rising and could gain bullish momentum above the $43,200 resistance zone. Bitcoin is attempting a new rally above the $42,500 resistance zone. The price is trading above $42,200 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline forming with support near $42,280. If the price closes above the $43,200 resistance zone, the pair could continue to rise. Bitcoin price remains supported Bitcoin price fell and broke the $42,200 support zone. BTC formed a base above…
In the first months of 2024, token unlocks will bring more than $600 million of liquidity into the market. Aptos (APT), Injective (INJ), and Optimism (OP) are the top three projects with the highest number of unlocks. The holiday season is over and cryptocurrency projects are set to perform massive token unlocks. Token unlocking causes many previously locked tokens to enter circulating supply. As a result, token supply may increase, which may have a negative impact on the price. $235 Million Aptos Unlocked: Largest Token Unlock in January 2024 Aptos plans to unlock 24.84 million APT tokens on January 12,…
Anticipated cryptocurrency project World Coin world -4.28% In 2023, it faced significant controversy and scrutiny.The project has been criticized for its business model, which involves receiving cryptocurrency by scanning people’s irises, and for targeting people living in developing countries. But one of the project’s key figures, Sam Altman (Worldcoin’s main software contributor and Tools of Humanity co-founder), is no stranger to controversy. The tech entrepreneur was fired as CEO of OpenAI, but was rehired just days after a massive backlash, with support from his followers and the Tools of Humanity themselves.Against this background, Worldcoin’s Your unique journey as a multibillion-dollar…
introduction ChatGPT 5 represents the expected next step in the evolution of OpenAI’s generative language models. Following the public debut of ChatGPT and the subsequent release of GPT 4 in late 2022, expectations are high to see what ChatGPT 5 will bring to the world of AI-based chatbots and language processing. Development and Expectations According to the latest information, OpenAI has not officially released ChatGPT 5. Speculations suggest that OpenAI is developing this model, but issues such as availability of required components such as Nvidia GPUs have affected its development. Considering the historical release pattern of previous models, the earliest…
Chad Steingraber, a professional game designer and prominent figure in the XRP community, recently updated his theory about the potential future price of XRP, originally published in August 2022. Dubbed the “Chad Steingraber Theory,” it lays out a complex roadmap that predicts XRP’s journey to a whopping $20,000. Central to Steingraber’s argument is the principle of asset scarcity in relation to supply and demand. He explains how scarcity can increase the value of an asset, such as in an auction where numerous bidders compete for a limited asset. “Asset shortages, which are part of supply and demand, are also a…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. Cryptocurrency traders often look for opportunities beyond the mainstream, and today we’re focusing on why Solana (SOL), Everlodge (ELDG), and Avalanche (AVAX) are solid. SOL and AVAX are in place, and more than 12 million ELDGs have now been sold in Phase 8 of pre-sale. Solana rises Solana (SOL) continued its upward trend, rising from $86 on December 21st to $92 on December 22nd. This surge is related to Paxos expanding its stablecoin issuance to Solana. Solana has been…
Latest price movements in Bitcoin (BTC) and cryptocurrency markets as of December 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest trends in the cryptocurrency market.
Ethereum price is correcting its upward trend below the $2,350 area. ETH could attempt a fresh hike as long as it does not close below the $2,200 support. Ethereum is correcting gains and trading below the $2,350 level. The price is trading below $2,320 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,300. A close above the $2,350 level could trigger a fresh increase for the pair. Ethereum Price Eyes Fresh Increase Ethereum price struggled to break out of the $2,440 resistance zone and…
A widely followed cryptocurrency trader is reassuring traders that Bitcoin (BTC)’s current consolidation is simply a bull market downturn. Cryptocurrency analyst Michael van de Poppe says The number of followers on social media platform “Bitcoin consolidation, altcoins are sighing at the end of the year. A pretty standard de-risking will take place until the last day of 2023. An upward trend is expected from Monday. “If you simply buy a bear market, it is a bull market.” As of this writing, the value of BTC is $42,122, down 3.6% over the past week. Looking at Van de Poppe’s Solana think…