Despite the recent price drop, BitQuant predicts Bitcoin will peak at $61,000, not $50,000 as some analysts have suggested. Based on technical analysis, the analyst believes that the recent decline is just a temporary correction and that Bitcoin is likely to continue its upward trend beyond the $45,000 and $50,000 resistance levels in the short to medium term. However, please note that the 2X100 EMA is a technical indicator that can be delayed and may not be accurate. Despite the recent bearish outlook, capital into approved spot Bitcoin ETFs has surged, indicating growing bullish sentiment among institutional investors. Finally, we…
Author: Crypto Flexs
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Hackers took control of VeChain’s (VET)’s X social media account Thursday morning and promoted fake sweepstakes opportunities. Hacked social media posts encouraged digital asset investors to send between 100,000 and 5,000,000 VET to an “official donation address,” falsely claiming they would receive an airdrop. double the amount They contributed. “VeChain Don’t send your VET to anyone and remember that no one will double your bag. This is valid for all cryptocurrencies.” Source: VeChain/X VeChain, a web3 enterprise blockchain, deleted the post after regaining control of the X account. project said It later said that “security is our top priority” and…
January 19th What is Frostsnap? Posted at 18:02h education by admin FROST (Flexible Round-Optimised Schnorr Threshold) is a specialized cryptographic signature scheme designed to enhance the efficiency and security of digital signatures in multi-party or threshold settings. Frostsnap compatible wallets can utilize FROST for: new A flexible range of multi-signature Bitcoin wallets. Enhanced security with FROST and flexible share management Frostsnap represents a significant advancement over current implementations of Bitcoin multisig wallets and offers a suite of features that significantly improve flexibility and security. Traditional Bitcoin Script multisig wallets are secure, but they have limitations in that they cannot adapt…
at world economic forum In Davos, Philippine Congress Speaker Martin Romualdez announced a significant initiative to present a legal framework for regulating artificial intelligence (AI) to the Association of Southeast Asian Nations (ASEAN) when the Philippines becomes chair of the bloc in 2026. I did. This move is a proactive step to address the growing importance of AI and cybersecurity in the digital economy. Romualdez’s proposal emphasizes creating a regulatory framework for Southeast Asia based on the Philippines’ own draft legislation on AI. This decision highlights the urgency of managing the rapid development and application of generative AI, which is…
The Blue House took an active stance regarding Bitcoin exchange-traded fund (ETF) trading. This development comes just a week after the Financial Services Commission (FSC), the country’s main financial regulator, warned against US-based spot Bitcoin ETF trading. The Yongsan Blue House also urged the Financial Supervisory Commission to reconsider its position. Seong Tae-yoon, head of the Blue House policy office, said, “We are reviewing whether we can change our country’s legal system appropriately or what happens overseas can be accepted in our country.” This statement reflects the country’s willingness to adjust its legal framework in response to international financial developments,…
The launch of a spot Bitcoin ETF in the US has put Bitcoin in the spotlight, but focusing solely on price movements can lead to an overly simplistic and shallow representation of the market. It is important to analyze Bitcoin in the context of both cryptocurrencies and traditional assets. The relationship between Bitcoin and Ethereum has always been meaningful. The interaction between the two largest cryptocurrencies often reveals subtle market trends that are not clearly visible in price action. The ETH/BTC ratio displays the value of 1 Ethereum relative to Bitcoin, indicating the relationship between the two. An increase in…
XRP Holders You may need to deal with More price drops If you want the latest analysis from this cryptocurrency analyst on crypto tokens. This bearish analysis Many more predictions have depicts an optimistic story For crypto tokens. XRP may fall as low as $0.34. Cryptocurrency analyst Ali Martinez It highlighted how selling XRP could trigger a price drop to $0.34. As part of his analysis, he said that XRP is currently “struggling” to maintain its footing. Critical $0.55 Support Level. If the token fails to maintain that level, it will lead to a sell scenario. Source: X From the…
In the cryptocurrency gambling industry, it is becoming increasingly difficult to access casinos that offer an authentic experience from start to finish. Even if you find a game you like or one that offers a good platform interface, some aspects like security and reliability are difficult to achieve. Introducing HugeWin, a newcomer expected to reshape the gambling industry in 2024 and beyond with a view to providing an alternative to all these casinos. HugeWin – Industry juniors who will overwhelm seniors huge win is a cryptocurrency casino that began operating in January 2024. Although it is a new company, looking…
Binance’s Big Faceoff A trial with the Securities and Exchange Commission in D.C. District Court was postponed until next week after a massive snowstorm closed the courtroom on Friday. The cryptocurrency exchange, which wants the SEC’s lawsuit dismissed, will now face the regulator on Monday at 10 a.m. ET. According to the order signed by Judge Amy Berman Jackson. Two to three inches of snow fell in the DC area overnight. The SEC sued Binance Holdings Ltd. and its former CEO Changpeng Zhao. June, It accused the cryptocurrency exchange of lying to customers, failing to restrict U.S. investors from accessing…
Among all native tokens on DeFi protocols that trade real-world assets, MKR has emerged as the most traded token.