VanEck, a prominent investment management firm, has released an interesting new Bitcoin ad that is causing excitement and speculation within the Bitcoin community. This launch comes amid growing anticipation surrounding the possibility of the Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).The ad features high-quality production recorded at PubKey, a Bitcoin bar in New York City. “Every Bitcoin user in New York should make a pilgrimage to New York.public keyIf you haven’t already,” VanEck said.This move by VanEck appears to be a prelude to an imminent decision on the much-anticipated Spot Bitcoin ETF. Industry analysts interpret…
Author: Crypto Flexs
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Wyckoff analysis (WA) aims to understand why prices of stocks and other market items move due to supply and demand dynamics. This generally applies to freely traded markets (commodities, bonds, currencies, etc.) where large or institutional traders are active. In this article, we will apply WA to the cryptocurrency Storj ($STORJ) to roughly predict future events. Storj Price Data from MEXC Futures | Source: STORJUSDT.P on tradingview.com. Raw image link: https://www.tradingview.com/x/BGsOkzGM Storj is currently in Phase E of the Wyckoff Deployment Scheme #1. StockCharts says this about Step E in their article about the Wyckoff method: Stage E indicates the…
A top cryptocurrency strategist says one Ethereum (ETH) rival may be setting the stage for another explosive rally. pseudonym trader Bluntz says 233,800 followers on social media platform Bluntz utilizes Elliott Wave theory in technical analysis. This theory attempts to predict future price movements by following herd psychology, which tends to appear in waves. The theory is that bullish assets tend to witness ABC correction waves before igniting the next uptrend. “It’s great to see SOL’s obituary in TL (X Timeline). I’d love to see 20 million hedge tweets from people somewhere vaguely hinting when SOL Turbo reverses to $140.”…
Bitcoin BTC -0.69% Options trading volume is said to have hit record highs ahead of Friday’s month-end, quarter-end and year-end expirations. The Block’s data dashboard.Monthly options trading volume for the largest digital asset by market capitalization has reached an all-time high of over $38 billion across major cryptocurrency derivatives exchanges. This includes $26.7 billion in BTC options trading volume on Deribit and an increase in derivatives trading on OKX and Binance.About $7.7 billion worth of options related to Bitcoin expired on Deribit on Friday, marking a significant milestone for the derivatives exchange. The majority of contracts still outstanding on Deribit…
Explore our list of cryptocurrency bankruptcies in 2023, including detailed insights into major exchange collapses. It is clear that 2022 has been the worst year for cryptocurrencies. The serial collapse of two industry giants, Terraform Labs (responsible for LUNA and UST) and FTX, ushered in one of the harshest cryptocurrency winters in recent history. Ultimately, there were many bankruptcies, layoffs, and closures across the market. 2023 will therefore see most of the fallout compared to previous years, with major insolvency proceedings for former market leaders such as Chelsea, Voyager, Three Arrows Capital (3AC), BlockFi and FTX progressing through various stages.…
Ethereum is a protocol undergoing significant change. The client team is upgrading the protocol to meet global demand while improving security and decentralization. Aside from protocol development, a significant change for Ethereum has been the move away from the terminology ‘Eth1’ and ‘Eth2’. As of late 2021, core developers have stopped using the term., preferring an ‘execution layer’ and a ‘consensus layer’ respectively. Today as follows Highlighted in Q1 Roadmap, ethereum.org Makes the same changes. Eth1 → execution layerEth2 → Consensus layerExecution layer + Consensus layer = Ethereum Let’s see why. Tl;dr; The terms Eth1 and Eth2 (Ethereum 2.0) are…
Polygon’s native cryptocurrency, MATIC, has seen a surprising resurgence in recent days, with its price surging more than 20%, breaking the significant $1 barrier. This surge comes with record trading volume exceeding $400 million on the Polygon network. key point MATIC price recently surged more than 20%, breaking the $1 barrier. Polygon trading volume reaches a new milestone of $400 million. MATIC emerged from a symmetrical triangle with the potential to reach $1.73. Analysts predict that MATIC is preparing for a breakout rally, possibly reaching $5. MATIC’s 2021 rally saw it gain a massive 9,400%. Analysts have highlighted on the…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. In the ongoing Rebel Satoshi (RBLZ) presale, holders can stake and receive rewards. XRP bulls expect the price to reach $1.205 in January 2024. As the cryptocurrency market slows ahead of a potential U.S. Federal Reserve (Fed) interest rate hike, altcoins like XRP and Rebel Satoshi (RBLZ) continue to show strength. XRP price prediction Analysts believe that XRP has the potential to rise in the near term. On December 19, XRP Ledger (XRPL) saw token burns surge to their…
Decoupling between Musk’s tweets and DOGE’s price action has been profound. DOGE can’t be written off just yet, given its origins and massive popularity. Dogecoin (DOGE) has maintained its spot as the top meme coin in the world for many years now. However, several criticisms have been made against the meme coin because of its lack of real-world usability. Since launch, DOGE has always remained a so-called puppet of Elon Musk, as his remarks have often worked as a trigger for the meme coin’s price action. Though at first glance, Dogecoin might seem to have no development going around it,…
October 18th Changelog: Version 1.82 Posted at 14:42h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.82 characteristic The look and feel of the order book interface settings and several pop-ups (order history, information mode, billing location, calculator, ticker settings, PNL sharing, notifications) has been updated.Added Vietnamese language supportAdded support for affiliates of Turkish domains.Added notice for UK-based users regarding UK marketing regulations. improvement Updated Tether token and XAUt deposit notifications for Polygon zkEVM…