A prominent crypto strategist believes altcoins will suffer a market crash compared to Bitcoin (BTC). Analyst Benjamin Cowen told his 839,200 followers on social media platform X that altcoin holders will soon suffer as he believes the cryptocurrency market is closely following the 2019 cycle. In April of this year, Cowen looked at the total market cap of altcoins (TOTAL3) against Bitcoin and said that the chart followed the 2019 cycle. Source: Benjamin Cowen/X At the time, Cowen predicted that if the ALT/BTC pair crashed, Bitcoin would experience a larger correction, which would create a scenario where altcoins would capitulate…
Author: Crypto Flexs
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Dense_Spite3160 was one of the first to adopt Bitcoin, mining the cryptocurrency on a basic laptop. At the time, he kept some of his Bitcoin on exchanges, and when the company collapsed, he had only a small balance. A disgruntled investor is preparing to take legal action against Mt. Gox, the once dominant cryptocurrency exchange that collapsed in 2014 after cybercriminals stole about 850,000 bitcoins (BTC) from the platform. The investor, who goes by the pseudonym Dense_Spite3160 on Reddit, recently shared his experience in a post that quickly gained attention. He claimed that Mt. Gox denied him a legitimate claim…
Market • August 5, 2024 2:18 AM EDT Posted 1 minute earlier In ~ On-chain clearing across decentralized finance platforms Ethereum Ethereum -22.00% According to data from the analytics firm, liquidation positions totaling over $350 million were created in the past 24 hours, a new yearly high. Parsec Finance.This comes amidst significant market volatility and a selloff across the cryptocurrency markets. Earlier today, Bitcoin plunged to its lowest level since February, falling below $53,000, while Ether hit a six-month low of around $2,300.Most of these liquidations were concentrated in the three major assets and took place on lending protocols. ETH…
Tony Kim Aug 5, 2024 04:22 Binance Pay will phase out support for Pay ID starting August 6, 2024, and focus on improving user experience through other payment methods. Binance recently announced that it will gradually discontinue support for Pay ID on its Binance Pay service starting August 6, 2024. According to Binance.com, this decision is part of Binance’s ongoing efforts to streamline its product offerings and improve user experience. Switch to another payment method Binance emphasized that the ability to send and receive cryptocurrencies via Binance ID, email, or phone will not be…
Altcoin prices took a step back from their significant gains this week, unlike the third week of July 2024. However, that doesn’t mean there weren’t some exceptions. While the gains were not evenly distributed, there were still some of the usual suspects. However, the list of gainers for the last week of July is interesting because there were some completely new entries compared to previous weeks. The Dog in the Cat World (MEW) is changing Solana’s theme The cryptocurrency market is a fast-moving one, and MEW, the biggest altcoin to ever rise, is proof of this. Cats in a Dogs…
Alvin Lang Aug 2, 2024 03:16 GitHub has launched GitHub Models, enabling developers to leverage industry-leading AI models directly on the platform. According to the GitHub blog, GitHub has announced the launch of GitHub Models, a new initiative that aims to turn 100 million users into AI engineers by providing access to advanced AI models directly on the platform. Empowering developers with AI GitHub Models aims to democratize access to industry-leading large-scale and small-scale language models, such as Llama 3.1, GPT-4o, GPT-4o mini, Phi 3, and Mistral Large 2. Users can test a variety…
SOL RSI currently shows below 40. SOL has fallen more than 22% over the past seven days. Recent data shows that Solana (SOL) has been particularly hard hit in a week that has seen a significant downtrend in the cryptocurrency market. Open interest for Solana has been falling for the past few weeks, reflecting the negative sentiment among investors. Solana records double-digit decline According to data from CoinMarketCap, Solana has seen the biggest decline among the top 10 cryptocurrencies over the past seven days, falling over 22%. The only other asset to see a similar decline was Dogecoin, which fell…
Bitcoin Bitcoin -11.59% Ethereum plunged to its lowest level since February, trading below $2,400 on Sunday night ET as investors reacted to a range of news events, including macro updates, the asset’s performance in Jump Crypto, and Kamala Harris’s increased odds of defeating crypto-backed Donald Trump in the upcoming US presidential election.Bitcoin fell below $54,000 at one point tonight before trading with a modest recovery. It is said to be $54,698, the lowest level since February. The Block’s Cryptocurrency Price Page. Ether fell to its lowest level since February, down 19.45% at $2,333 at the time of writing.Among the top…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Clearly, the cryptocurrency market is in a consolidation phase, and it is too early to pick a winning side, either bullish or bearish. Investors are concerned that the crypto bulls will capitulate in the coming weeks as the BTC price makes more attempts to fall below the $60 price level. But while the market waits for a defined trend, this post collects: The most popular cryptocurrencies on DEXTools Today provides investors with insight into what might happen in the coming weeks. The most…
Jorg Hiller 02 Aug 2024 03:50 LangChain introduces LangGraph Studio, a professional IDE for developing, visualizing, and debugging agent applications, now available in open beta. LangChain announced the release of LangGraph Studio, the first integrated development environment (IDE) specifically designed for agent development. According to the LangChain blog, the tool is now available in open beta. LangGraph: Balancing Agent Control and Agency LangGraph, released in January 2023, is a low-level orchestration framework for building agent applications. Since its release, LangGraph has undergone significant improvements, and was finalized as a stable 0.1 release in June…