AVAX, the native token of the Avalanche network, entered the cryptocurrency market prominently earlier this year, establishing itself as a prominent player and outperforming many other altcoins. But the initial enthusiasm surrounding AVAX took a noticeable turn as the narrative took an unexpected turn. The token is currently sitting at $36.65, reflecting a significant change from its previous bullish trajectory. Over the past seven days, AVAX has had a difficult time, suffering a loss of 15%.advertising Concerns and social silence due to AVAX downturn The reasons for the recent downturn could range from changes in market sentiment to external factors…
Author: Crypto Flexs
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Stax has a strong bullish outlook for the coming weeks. A drop to $1.7 could be an opportunity for buyers. STX (STX) had strong gains in December and January. Bitcoin (BTC) has seen increased volatility over the past month after facing strong selling pressure that pushed the price back to record lows. This caused STX to revert some of its recent gains. Prices have risen in the last 24 hours due to new influx of demand. Sentiment was also in favor of buyers as Stacks targets the $2.45 level next. Stack bulls should curb their FOMO and wait. Source: STX/USDT…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin Cash price prediction is currently experiencing a 2.55% drop in value after being rejected at the $258 resistance level. Bitcoin Cash Prediction Statistics Data: Current Bitcoin Cash Price – $247 Bitcoin Cash market cap – $4.8 billion Bitcoin Cash Circulating Volume – 19.6 billion Bitcoin Cash total supply – 19.6 billion Bitcoin Cash CoinMarketCap Ranking – 19th BCH/USD market Main level: Resistance levels: $290, $300, $310 Support levels: $215, $205, $195 BCHUSD – daily chart BCH/USD may continue its sideways movement as the coin crosses…
Posted 2 minutes ago In ~ X, formerly known as Twitter, has been confirmed. post The U.S. Securities and Exchange Commission’s X account was compromised this morning when someone gained control of the phone numbers associated with the account.X’s safety team said today that it has completed its preliminary investigation into the incident after the SEC alleged illegal activity on X’s account. Hacked to tweet fake posts. This concerns the approval of a spot Bitcoin exchange-traded fund.“Our investigation indicates that this breach was not the result of a breach ofX’s security team noted that the SEC did not have two-factor…
Binance, one of the world’s largest cryptocurrency exchanges, announced support for the upcoming network upgrade and hard fork of the Optimism (OP) network. This strategic move by Binance aims to provide users with an improved experience and maintain its position as a leader in the cryptocurrency exchange space. Significance of upgrades and hard forks Optimism, a layer 2 scaling solution for Ethereum, is designed to improve the overall usability of the Ethereum blockchain by improving transaction speeds and reducing costs. The network upgrade, known as the “Bedrock” upgrade, is expected to bring significant improvements to the Optimism network. Hard forks…
Ethereum (ETH) is currently at a crossroads that could define its trajectory in the coming weeks. Michaël van de Poppe, a renowned cryptocurrency analyst, said: shared This is a noticeably optimistic view that highlights Ethereum’s approach to 2022 lows as a potential springboard for a breakout. In his analysis, Van de Poppe emphasized the importance of Ethereum’s current positioning, suggesting that its proximity to last year’s lows could be a catalyst to soak up liquidity and spark a bullish trend. Analyst predicts Ethereum strength amid market movements Van de Poppe’s forecast will depend on broader market conditions, particularly the potential…
Are you looking for the next big thing in the cryptocurrency world? Look no further than MoonCoin. This innovative and promising new digital currency is gaining attention from investors and enthusiasts alike, and for good reason. In this article, we will take a closer look at the inner secrets of MoonCoin and why it could be the next big thing in the cryptocurrency world. What is Mooncoin? MoonCoin is a decentralized digital currency that aims to revolutionize the way we think about money. It is built on blockchain, a distributed ledger technology that ensures transparency and security. What sets MoonCoin…
Cryptocurrencies have exploded from a curiosity to a $1.7 trillion market over the past few years. Now the fast-growing industry finds itself at the center of partisan politics ahead of the 2024 presidential election. key point Donald Trump has changed his stance on cryptocurrencies since leaving office, selling NFTs and planning more cryptocurrency-friendly policies if re-elected. Leading Republican lawmakers such as Representatives Emmer and McHenry, and Senator Hagerty are pushing for light cryptocurrency regulation to support innovation. A Republican administration would likely appoint a cryptocurrency-friendly SEC chair like Brian Brooks or Hester Peirce. Some Republicans have used pro-crypto policies to…
FOX Corporation, the parent company of Fox News, has partnered with Polygon to combat the surge of AI-generated articles and deepfake media. Built on Polygon’s proof-of-stake blockchain, “Verify” is a tool used to establish the origins and history of media. FOX Corporation and Polygon Blockchain have partnered to launch ‘Verify’, a tool designed to verify the authenticity and provenance of digital content. Media Source Protocol FOX Corporation developed ‘Verify’ using Polygon’s proof-of-stake (PoS) blockchain. According to a press release, Verify is an open-source protocol that allows media companies to register content and grant usage rights to an AI platform, and…
Following the U.S. Securities and Exchange Commission (SEC) likely approving America’s first Bitcoin ETF, the cryptocurrency investment sector is likely to shift to other significant digital assets, particularly Ethereum and XRP. The SEC is currently reviewing several applications for an Ethereum spot ETF, but the situation is noticeably different for the XRP ETF, with no applications submitted to date. But things can change quickly, according to Steven McClurg, chief investment officer at Valkyrie Investments. Valkyrie Invest is one of 11 applicants currently awaiting approval for their spot Bitcoin ETF application. Just yesterday, Valkyrie CIO Steven McClurg said in an interview…