Ethereum price is rising above the $2,320 resistance level. ETH is up over 5% and it looks like ETH is finally outperforming Bitcoin. Ethereum is picking up speed and is trading above the $2,300 support area. The price is trading above $2,350 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a connecting bullish trendline with support at $2,380. The pair could extend the rally towards the $2,500 and $2,550 resistance levels. Ethereum price begins a new rebound Ethereum price continued its downward trend below the $2,250 level. ETH also surged below the…
Author: Crypto Flexs
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One Trading, a cryptocurrency exchange that spun off from Bitpanda early this year, We recently unveiled an upgraded platform for cryptocurrency traders.. What are the main selling points? speed. One Trading boasts on its website that it is “the world’s fastest trading venue.” Amazon Web Services tested its claim by comparing its 112-microsecond round trip with CME and the London Stock Exchange Group’s Turquoise venue. While all users have access to One Trading’s API, institutions can go one step further by purchasing colocation services to access even faster trading speeds. Josh Barraclough, CEO of One Trading, said the idea is…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. As 2024 approaches, the investment climate is optimistic, especially for cryptocurrencies. Meanwhile, three noteworthy digital currencies, Poolix (PLX), Polkadot (DOT), and Cardano (ADA), have attracted the attention of experts and investors. Pullix is a hybrid exchange that aims to democratize trading. Pullix is reinventing digital finance. The “trade-to-earn” model provides unique rewards to users who trade on the platform. Pullix also leverages AI to transform the way you trade and invest. AI tools provide deep market insights to help…
In December 2023, Ripple (XRP) executed a significant transaction involving the XRP token. The company spent 240 million XRP, worth approximately $148.8 million, to strategically manage escrow reserves. This move left 96.34 million XRP labeled “Ripple (1)” in Ripple’s main spending wallet, which aims to stabilize the XRP market, with an estimated value of $59.73 million. Ripple’s systematic management of its XRP reserves is part of a broader strategy to stabilize the cryptocurrency market. The company operates under a well-defined escrow system launched in December 2017 and is designed to issue 1 billion XRP per month. To maintain market stability,…
reporter Posted on: December 28, 2023 BNB faced resistance at $300, a one-week bearish order block. A retracement towards $260 was possible, but it is unclear whether the decline would be that large. Binance Coin (BNB) passed a significant resistance area on December 26th. It rose 14.85% from $266 to $303.2 in one day. At press time, BNB price had fallen below the $300 level. AMBCrypto reported that Binance Smart Chain (BSC) experienced a lug pull on the same day. The target token was OmniCat (OMNI), but the ramifications could extend beyond the scope of the project. BNB maintains strong…
In a year when numerous countries have adopted cryptocurrencies as a means to spur economic growth and innovation, the U.S. Securities and Exchange Commission (SEC) has faced fierce criticism from the cryptocurrency industry. Since assuming the role of SEC Chairman in April 2021, Gary Gensler’s tenure Cryptocurrency company, leader, chief executiveEven “stock.” The industry is increasingly calling for new leadership within the SEC that can support innovation and enable the nascent cryptocurrency sector to thrive. US House of Representatives Warren Davidson We have joined the chorus of voices advocating for change. declaration SEC Chairman Gary Gensler should be removed from…
Solana (SOL) has generated a ton of interest in 2021, with fans touting its ability to solve key problems in the Ethereum (ETH) blockchain. Solana is promised to be a cheaper and faster place to process transactions, a better launch pad for decentralized finance (DeFi) and other smart contract-based activities.
Bitcoin price found support and began a significant rise above $43,000. BTC is rising, but may have trouble overcoming the $44,300 and $44,500 resistance levels. Bitcoin tested the $41,650 area and started a new increase. The price is trading above $43,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above a bearish trend line connecting with resistance near $43,350. The pair may continue to surge towards the key resistance level of $44,300. Bitcoin price rises again The Bitcoin price was able to find bids above the $41,500…
join us telegram A channel to stay up to date on breaking news coverage With a potential bull market in sight, we can expect an influx of investors seeking meme coins and 10x profits, making Meme Kombat a potential behemoth in the revenue-generating space. With the recently introduced coin surpassing the once-dominant Pepe, cryptocurrency experts are now focusing on Meme Kombat as the next potential star. With unique features not found in other meme coins and ongoing pre-sales providing an attractive entry opportunity for early adopters, Meme Kombat emerges as a compelling and attractive choice. Cryptocurrency experts predict explosive growth…
Posted 1 minute ago In ~ MicroStrategy made additional purchases. 14,620 Bitcoin last month.The company has spent $615.7 million on its latest assets, at an average price of $42,110 per bitcoin, according to a Form 8-K filing posted to its website today. Purchases were made between November 30 and December 26.MicroStrategy currently holds 189,150 Bitcoins, purchased at an average price of $31,168. The company spent $5.89 billion on its holdings, which are now worth $8.1 billion, up $2.2 billion on paper.According to The Block’s price page, the price of Bitcoin has risen from $37,400 last month to the current price…