Seasoned trader Peter Brandt says he no longer expects leading altcoin Ethereum (ETH) to decline significantly. Last week, Brandt told his 707,300 followers on social media platform In an update, the veteran trader said that things have changed and he is no longer bearish against the top altcoins as ETH has crossed the resistance of the ascending triangle pattern. “Strong opinions are received weakly. As the situation changes, my thoughts also change. Recent valuations for ETH called for an immediate price collapse, but that did not happen. “We withdrew our bearish outlook based on the chart structure.” source: Peter Brandt/X…
Author: Crypto Flexs
Read More
October 31st 15 Years of Bitcoin: From Savings Savior to Global Economic Game Changer Created by the enigmatic Satoshi Nakamoto, Bitcoin not only provided an alternative means of storing value, but also proved to be an indestructible asset that could not be manipulated. Looking back on our journey over the past 15 years, Bitfinex has become more determined in our mission to evangelize the world of Bitcoin and show how it can provide financial freedom and liberate the community from the high fees and inefficient processes of the traditional financial system. The Birth of Bitcoin – A Groundbreaking Concept In…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. From the beginning, cryptocurrencies and their power has been their separation from the central control that has brought inequality to financial systems for thousands of years. By 2023, centralization had brought down some of the industry’s brightest and brightest stars, from Changpeng Zhao’s exit from Binance, Sam Bankman-Fried and the FTX saga, Terra’s Luna, and BlockFi. An error in the hands of a few changed the Web3 landscape forever. Degovernance is the key to the next…
tl;dr ETHStaker/clr.fund Ethereum Staking CLR ETH Staker and clr.fund I’m running CLR Funding Round It helps revitalize important projects in the Ethereum staking ecosystem. In other words, it’s a project that helps make Ethereum staking a more accessible, secure, decentralized, and generally enjoyable experience. In this funding round limited liberal radicalism, often referred to as Quadratic Funding (QF), allocates large pools of funds ($350,000 or more!) to relevant projects. QF ensures that the amount of funds matched to a project is not only a function of the dollars allocated, but also influenced by the number of unique individuals assigned to…
Bulgaria’s prosecutor’s office has closed its investigation into alleged money laundering at cryptocurrency lender Nexo, saying it has found no evidence of illegal or criminal activity. Prosecutors also added that they found no evidence of tax crimes or computer fraud against the defendant. Bulgarian Prosecutor’s Office closes investigation The Bulgarian Prosecutor’s Office announced that it was ending its investigation into cryptocurrency lender Nexo due to lack of evidence. According to a local news agency, the bureau said it found no evidence of tax crimes, money laundering, computer fraud or other criminal activity. The investigation into the company first came to…
reporter Posted on: December 24, 2023 SOL is trading around $115 for the first time since 2022. The short position liquidation amounted to over $14 million. Solana has recently experienced a notable change in its price trend, breaking past previous patterns and hitting yearly highs. Is this the start of a sustained upward trend or just a temporary spike? Solana marches into the $100 price range. AMBCrypto’s analysis of Solana’s daily price trend shows a consistent upward trend over the past five days. The chart peaked at the $100 price level on December 23rd and showed no signs of letting…
The purpose of your password is to prevent anyone who does not know your password from accessing your money. Pause and think about the above for a few minutes. Many highly skilled people will go to great lengths to ensure that they cannot do what you suggest. Over the years, many highly skilled people have scrutinized ways to identify and eliminate weaknesses. If there was a way to solve that problem, passwords would be meaningless. It’s not pointless. If you remember that your password was very short, or remember all but a few characters, you can try a “brute force”…
Illustration by Mitchell Preffer for Decrypt.It may be December, but it doesn’t seem to be the holiday season, at least not in the cryptocurrency world.Bitcoin got off to a quiet start but hit $44,000 per coin for the second time this month. According to CoinGecko, it is currently trading at $43,815. Over the past seven days, this is an increase of more than 3%.The largest digital coin by market capitalization continued to rise on news (surprise, surprise) that the long-awaited Bitcoin exchange-traded fund (ETF) is nearing approval. BlackRock’s head of digital assets meets with the SEC’s trading division. and the…
XRP price is aiming for a new bounce above the $0.630 resistance level. A break above the $0.630 and $0.640 resistance levels could see the price gain bullish momentum. XRP is slowly rising from the $0.600 support level. The price is currently trading below $0.630 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair (data source from Kraken), a breakout occurred above the main bearish trendline with resistance near $0.610. A break above the $0.630 and $0.640 resistance levels will initiate a new rally for the pair. XRP price aims for a new surge.…
Ethereum (ETH) reached nearly $2,400 a few days ago (according to CoinGecko data), largely a recovery from disastrous losses in 2022. Nonetheless, the valuation remains below the all-time high above $4,800 set in November 2021. Some analysts predict that ETH could hit another all-time high in the coming months as the current boom continues into 2024. Not only is interest in Ethereum surging, but promising projects such as Kaspa (KAS) and InQubeta (QUBE), which are preparing for a significant rally, are also attracting attention. InQubeta and Kaspa are among the best DeFi projects considering their potential for exponential growth in…