Bitcoin price fell 5% over the past 24 hours, trading at $41,645 on December 11. Despite the sharp price correction, technical indicators and on-chain data show that Bitcoin (BTC) is still showing strength as its price struggles to regain its footing. Over $44,000.Bitcoin price is “overextended,” according to on-chain data.Bitcoin fell as much as 7.2% to $40,300 on Coinbase, sparking conversation among analysts. Julio Moreno, head of research at on-chain analytics firm CryptoQuant, said the price of the flagship cryptocurrency “has overheated following its recent rise past the psychological level above $40,000.” Some metrics are flagged #Bitcoin The price has…
Author: Crypto Flexs
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December 11th Bitfinex Alpha | Beware of price modifications Posted at 13:42h On Bitfinex Alpha Maria Lobusova This week’s on-chain analysis focuses on key inflection points in the Bitcoin market and where they play out. The recent surge in BTC has led to it reaching a significant resistance level of $45,000. This surge represents an increase of over 170% since the beginning of the year and would see a complete reversal of the 64% decline experienced in 2022. However, it is important to note that a core group of investors – the so-called medium-term investors (holding for 2-3 years) -…
Within a few minutes on Sunday evening, BTC plummeted from around $43,800 to around $40,500 in what could be called a “flash crash.” The price quickly recovered to $42,400, but began to fall again in the afternoon in the US, falling to $40,200, breaking the upward trend of a week ago.
Among the most pivotal blockchain and cryptocurrency apps we see in real life every day are technologies that aim to change the world through financial inclusion. Decentralized platforms like eTukTuk help empower unbanked populations around the world who often rely on informal financial systems. Certain regions of the world, especially developed and underdeveloped regions, are home to huge populations excluded from the global financial economy. eTukTuk offers a solution to the common financial challenges faced by most unbanked people. The project has become one of the most recognized phenomena, functioning as a decentralized AI and blockchain-based transportation system that aims…
TLDR Polygon (MATIC) is expected to fall below $0.78 despite the Amazon partnership. TRON (TRX) is lagging the market as experts predict the price will fall below $0.08. The pre-sale of Rebel Satoshi ($RBLZ) is gathering steam, promising investors a 150% return. Investors in top altcoins like Polygon (MATIC) and TRON (TRX) have received warnings about new cryptocurrencies from cryptocurrency experts. That new token is the Meme Coin project. Rebel Satoshi ($RBLZ) is having a public pre-sale. Let’s take a closer look at why $RBLZ is the best cryptocurrency to buy ahead of MATIC and TRX. Polygon integrates Post Dip…
The Internal Revenue Service must substantiate its claims against FTX and provide a method for estimating back taxes, FTX lawyers said in a new filing Sunday in Delaware Bankruptcy Court. The move is the latest in a months-long dispute between the IRS and the FTX Bankruptcy Foundation over how much the bankrupt exchange and its affiliates owe the government in unpaid taxes. FTX claims it doesn’t owe the IRS anything, but the agency is now demanding $24 billion, more than three times the amount the estate needs to make creditors whole. During its brief three-year run, FTX has never distributed…
The global blockchain gaming market is expected to surge to $614 billion by 2030, driven by regional growth and evolving game types. This forecast, detailed in Fortune Business Insights’ comprehensive analysis, reflects a compound annual growth rate of 21.8%. Examining sales data from 2017 to 2021, the report highlights this trend, predicting an absolute growth rate of nearly 299% over six years. North America is at the forefront of this expansion, contributing more than $30 billion in 2022, or about 24% of the total, according to the report. It is expected that the purchase of blockchain game items will continue…
I’m trying to build a Python program that returns transaction details such as input, output, time, amount, etc. I already loaded bitcoind -txindex but when decoding the raw transaction the time field. I’ve already read that decoderawtransaction doesn’t include the transaction time, but I was wondering how btc Explorer gets that data. The only time fields I’ve found are in the getblock command and getrawmempool/getmempoolentry (although they don’t focus on unconfirmed transactions). Can I get information from them? Thank you for your time.
Argentina yesterday elected liberal capitalist Javier Millais as its new president. Milei, a graduate of the Austrian School of Economics, has previously expressed support for Bitcoin as a solution to years of mismanagement of Argentina’s economy, which could see inflation exceed 200% this year. Milei is now facing financial and social problems with many young citizens leaving the country. He plans to sign a presidential decree that will cut government spending by 5% and cut the number of government departments in half. Javier Milei faces difficult situation to fix Argentina’s economy Inflation, caused in part by the devaluation of the…
BNB Smart Chain (BSC) has recorded its highest trading volume ever. Emphasis on network stability and capacity – Chainwire housenewsroomBNB Smart Chain (BSC) has recorded its highest trading volume ever. Emphasis on network stability and capacity 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 expressly requested by the subscriber or user or for the sole purpose of carrying out…