One analyst explained that PEPE may be moving toward this goal by breaking out of its current descending channel pattern. PEPE recently broke out of a descending parallel channel. new post At X, analyst Ali pointed out how the 4-hour PEPE price is currently breaking out of a descending parallel channel. In technical analysis, a “parallel channel” refers to an area surrounded by two parallel trend lines where the price of a particular asset has recently moved inward. In general, price is likely to face resistance at the top of the channel, while the bottom can act as support. For…
Author: Crypto Flexs
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Bitcoin’s next halving event — we will see the block reward for miners on the network drop from 6.25 to 3.125. BTC -0.61% — is now approaching day 100, or about 14,500 blocks, according to ’s estimates. CoinGecko and OKLink.The estimated countdown is based on Bitcoin’s average block creation time of 10 minutes, and as things stand, the potential date is set at April 22nd.Bitcoin halving is programmed to occur automatically every 210,000 blocks, or approximately every four years. Once hit, miners will receive 50% less in Bitcoin rewards for every block they confirm and add to the blockchain. However,…
Dogecoin (DOGE) is set to Get another use case Thanks to The world’s richest man, Elon Musk. This follows the revelation that the top meme coin will be the payout when one of Musk’s groundbreaking projects finally launches. Dogecoin will be accepted once this Tesla project launches DogeMemeGirl, a member of the Dogecoin community, recently painted Community concerns about when DOGE will be accepted Tesla Supercharger Station In Hollywood has finally launched. Her comments came from another X (formerly Twitter) user. update At the station, which is already coming together and could launch this year. If this actually happens, DOGE…
The bear market in the web3 ecosystem is over. This was one of the conclusions of DappRadar’s latest annual industry report, which identified several bullish signals heading into the new year. Of these, DappRadar found that 2023 ended with over 4.2 million daily unique active wallets (UAW), a 124% increase from the previous year. Last year, despite several controversies and difficulties, marked the end of one of the longest winters in the short history of the cryptocurrency ecosystem. Fallen icons, regulatory crackdowns and hundreds of millions of dollars in hacks have all made for a turbulent year that has investors…
Policy • January 13, 2024, 8:28 PM EST Posted 1 minute ago In ~ The Securities and Exchange Commission (SEC) recently released a statement regarding the In a statement from SEC Chairman Gary Gensler, the agency alleges that “an unauthorized party gained access to the @SECGov X.com account by gaining control of the phone numbers associated with the account.” The language is reminiscent of SIM swapping attacks, a common form of X account hijacking that can be mitigated through multi-factor authentication. This is what Gensler once advised in his X post. In a statement, Gensler wrote, “Committee staff is still…
Hedera Council is allocating an additional $4.86 billion to the native HBAR token in a significant step to strengthen network development. The committee that oversees the operations of the Hedera network announced the decision in a blog post on January 12, highlighting a further strengthening of Hedera’s commitment to ecosystem development. The Hedera Board today announced that it has decided to grant Board approval to allocate an additional 4.86 billion HBAR in funding for further development of the Hedera Network and to enable decentralized governance.Most of that allocation – 4.248 billion…— Ivy (@ivy) January 12, 2024 According to the post,…
A closely watched cryptocurrency strategist believes that decentralized exchange (DEX) altcoins are showing signs that they could begin a bullish rally. Trader Ali Martinez says His 40,400 followers on social media platform “A consistent 3-day candle close above $59 could trigger a bullish rally that could push GMX towards its ambitious target of $90!” Source: Ali Martinez/X GMX is a decentralized spot and perpetual exchange offering up to 50x leverage. The project’s underlying asset is trading at $54.50 at the time of this writing, down more than 2% in the last 24 hours. Martinez is not the first digital asset…
Solana (SUN)) Of course it could be so. Continue your amazing steps From 2023, according to the latest analysis: Cryptocurrency analyst Ali Martinez. The analyst laid out certain conditions under which SOL could rise next. Up to $150 soon. How Solana Got to $150 Martinez commented on X (formerly Twitter): post Solana escaped. bull flag This is an evolution of the 4-hour chart he shared. According to him, the cryptocurrency token could rise towards the $150 to $165 price range if it continues to close above $106. However, this was not the case for SOL as price levels have fallen…
ChinaCoin has been creating a lot of buzz in the cryptocurrency world recently. With China being a major player in the global economy, it is no surprise that the idea of a Chinese cryptocurrency has the potential to be a game-changer. But what exactly is ChinaCoin, and why is it getting so much attention? In this article, we will take an in-depth look into the world of ChinaCoin and explore whether it really has the potential to become the next big thing in cryptocurrency. What is China Coin? ChinaCoin is a cryptocurrency supported by the Chinese government. It aims to…
Have you ever been interested in participating in the development of the core Ethereum protocol? If so, we have a new debate program just for you. As part of our EF Protocol Support Initiative, we are excited to announce the following news: “Core Developer Apprenticeship Program”. What to expect Hello 👋, my name is Piper Merriam. I have been a part of the Ethereum ecosystem for some time. It was a really difficult journey. I am reasonably confident that this is the best job I could ever have. This program is my way of helping more people find ways to…