Cryptocurrencies have been a hot topic in the financial world in recent years, and RotoCoin is one of the most promising digital currencies on the market. With its unique features and growth potential, RotoCoin has become a popular choice for investors looking to capitalize on the opportunities offered by the cryptocurrency market. RotoCoin Basics RotoCoin is a decentralized digital currency created as an alternative to traditional forms of money. It is built on a technology called blockchain, a secure and transparent ledger that records all transactions made with RotoCoin. This technology makes RotoCoin resistant to fraud and manipulation, making it…
Author: Crypto Flexs
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Ethereum has a bullish structure on the weekly chart. The two main range resistance level overheads match well with the liquidation heatmap. It took more than a month for Ethereum (ETH) bulls to break through the resistance at $2.4,000. News of the approval of a Bitcoin (BTC) spot ETF sent Ethereum to a local high of $2,700, but was rejected from there. This price action gave us an idea of the range within which AMBCrypto is explored here. Meanwhile, the weekly market structure remained strong, with lows higher around the $2.1k level. Resistance at $2,370 could reject ETH strength. The…
Hong Kong’s Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products called “Floki Stake Program” and “TokenFi Stake Program.” Both staking products described by financial regulators as “suspicious” are related to the Floki protocol. Hong Kong’s SFC issues warning on staking The SFC noted in a press release that the Floki staking program and the TokenFi staking program claim to offer “high return targets ranging from 30% to over 100% per annum.” However, the regulator emphasized that neither cryptocurrency product has yet been approved in Hong Kong. Staking is a way for…
Industry analysts expect Charles Schwab to venture into offering exclusive spot Bitcoin exchange-traded funds (ETFs). Analysts speculate that the company, which provides investment products and services including brokerage and retirement accounts and manages $8.5 trillion in client assets, could launch a physical Bitcoin ETF, according to RIABiz and other media outlets. In short…Schwab isn’t going to sit back and let Fidelity control the cryptocurrency narrative.period.There is too much $$$ at stake with these brokerage platforms.— Nate Geraci (@NateGeraci) January 27, 2024 Schwab, which has a reputation for conservative and thoughtful product development, will likely be waiting to unveil an ETF…
Posted 1 minute ago In ~ Orbiter Finance’s cross-chain bridge has attracted a total of over 3 million users looking to exchange assets between different layer 2 roll-up networks. Additionally, the protocol recently announced a strategic investment from OKX Ventures for an undisclosed amount. Now the protocol plans to add its own L2 to the mix. That is, the Orbiter Rollup, a new zero-knowledge proof-based “meta layer”. (Orbiter Finance should not be confused with Orbit Chain, a similarly named bridge protocol that was hacked earlier this month.)The Orbiter team proposes the Orbiter Rollup to prepare for an “omni-connected” future. “By…
Illustration by Mitchell Preffer for DecryptThe Bitcoin Spot ETF hangover may be gone, and the tall, bubbly mugs of Ethereum Spot ETF buzz are still pouring in, leaving plenty of room for conversation, debate, and the occasional scuffle in cryptocurrency bars.We’re probably overdue for an Elon Musk-related pump, and the eccentric tech mogul indirectly delivered on Monday when a Twitter account with a new gold checkmark popped up with its username. @XPayments. This was discovered shortly after Musk again teased that he was making “every app.”Crypto Twitter is excited about the possibility of the X app supporting trading of Dogecoin…
The cryptocurrency industry is taking a hit. Bitcoin (BTC) and Ethereum (ETH) are feeling the pinch as their values plummet. Some experts see this decline as a temporary setback, with a potential rebound likely influenced by the upcoming Bitcoin halving. The market is also influenced by factors such as selling pressure from the Grayscale Bitcoin Trust, which is nearing its exit, and FTX’s exit from the market. Despite the obstacles, savvy investors can still spot opportunities to reap huge profits in the changing cryptocurrency space. Cryptocurrencies like Connext Network (NEXT), Izumi Finance (IZI), Magic Square (SQR), Port3 Network (PORT3), and…
that much tron The network is decentralized blockchain It is a platform that seeks to build an extensive and interconnected global digital content ecosystem. At its core, Tron leverages its native cryptocurrency, TRX, to facilitate seamless transactions and interactions within the network. The outstanding advantages of the Tron (TRX) network lie in its excellent scalability and impressive transaction processing capacity. This amazing feature allows Tron to process a significant number of transactions quickly, ensuring smooth transaction execution. smart contract and decentralized applications (DApps). The scalability of the network is of utmost importance as it plays a critical role in supporting…
“The stock has been under extreme scrutiny during the cryptocurrency winter. While many of its peers have gone bankrupt, COIN is still fighting for its business and industry. We believe the company is stronger than many people think and that its management team is in a better position than most investors. I believe it is stronger. Think about it.” analyst Owen Lau wrote in a note.
The U.S. Department of Justice recently filed a notice of intent to sell 2,933 bitcoins seized from convicted Silk Road dealer Ryan Farace. The current value of BTC is approximately $117 million and is expected to be auctioned in the near future. TLDR The U.S. government plans to sell approximately $117 million worth of Bitcoin seized from convicted Silk Road drug trafficker Ryan Farace. Farace was previously convicted in 2018 of selling Xanax on dark web marketplaces like Silk Road and receiving more than 9,000 bitcoins in the transaction. Farace claimed he no longer had access to the bitcoins, but…