Bitcoin price began a new decline below the $41,250 support area. BTC is showing signs of weakness and could fall significantly below the $40,000 support area. Bitcoin price is gaining bearish momentum below the $41,500 area. The price is trading below $41,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $41,320. The pair is currently at risk of further downside if it breaks the $40,000 support zone. Bitcoin price resumes downward trend Bitcoin price has struggled to stay above the $42,200 support…
Author: Crypto Flexs
join us telegram A channel to stay up to date on breaking news coverage UMA prices surged 17% during Sunday’s trading session and were up 7% on the final day, trading at $5.75 as of 2:30 a.m. ET. The surge put UMA on the list of top gainers for the week. 🔥 How did it go? #Cryptocurrency How did the market perform last week? What cryptocurrency has captured the hearts of investors and become a shining star? The thrilling weekly TOP Gainers are now revealed at https://t.co/x3toxzqASH! #XT đź“… January 15 – January 21, 2024 🚀 #one/USDT +231%🚀 #for/USDT +90%🚀……
In the fast-paced world of online gambling, players are constantly looking for convenient, safe and innovative ways to enjoy their favorite casino games. One innovation that has received considerable attention is the emergence of Tether casinos. These online gambling platforms offer a unique and advantageous experience for players who prefer stability and efficiency in their gaming activities. In this article, we will take a look at the numerous benefits of playing at the best Tether casinos and highlight why they are the go-to destination for experienced gamblers.Enhanced SecurityTether Casino is known for its commitment to providing a safe and secure…
Bitcoin overtakes silver, Solana plans to release its second smartphone, and Elon Musk reveals his personal cryptocurrency holdings. This week we bring you these stories and more in cryptocurrency. Bitcoin falls after ETF approval Bitcoin prices have plummeted more than 15% since the U.S. spot ETF was introduced last week. Analysts reported an outflow of $1.5 billion from the Grayscale Trust, speculating that investors who previously enjoyed the GBTC discount are now exiting the Bitcoin market entirely rather than reinvesting in new ETFs. It is estimated that an additional $1.5 billion will be invested in GBTC on the secondary market,…
Re-staking protocol EigenLayer plans to adopt a “shared security” system, a mechanism that allows protocols to participate in the network by leveraging a common pool of ETH stakes.EigenLayer aims to provide a protocol that allows users to deposit and “re-stake” Ethereum in a variety of liquid staking tokens, allocating those funds to securing third-party networks. The first phase of the project was launched on the Ethereum mainnet in June 2023.In the future, the team plans to turn the project into a major decentralized application platform and enable other projects to launch by leveraging the so-called shared security.That version will allow…
Exverse.io integrates with Aethir’s infrastructure for improved gaming accessibility – Chainwire housenewsroomExverse.io integrates with Aethir’s infrastructure for improved game accessibility. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for…
So this legacy digital asset issue may survive DeSantis and Ramaswamy’s departure from the scene, but aside from his active private business in non-fungible tokens (NFTs), Trump has shown no particular interest in the sector and once called it quits. Bitcoin is “scam.” And the specter of a U.S. CBDC has so far been a one-sided debate, with Republicans portraying President Joe Biden and his administration as pushing government tokens to surveil citizens when there is no evidence from the Federal Reserve or the Treasury Department of such plans. I have .
Cryptocurrencies have taken the world by storm in recent years, with numerous digital currencies capturing the attention of investors and enthusiasts alike. One cryptocurrency that is gaining momentum is KrugerCoin. In this article, we will take an in-depth look at KrugerCoin and explore why it is unique and why it could be the next big thing in the cryptocurrency world. What is Krugercoin? KrugerCoin (KRG) is a peer-to-peer digital currency that operates on a decentralized network. Created in 2014, it aims to provide a safe and fast way for users to transact with each other without intermediaries such as banks…
Concerns are swirling about the new SatoshiVM (SAVM) cryptocurrency after a wallet linked to its developer team sold $3 million worth of tokens amid recent price rises. This, combined with the extremely volatile price movements since SAVM launched just a few days ago, has analysts sounding the alarm about the possibility of a “pump and dump” scheme designed to benefit insiders at the expense of everyday investors. TLDR A wallet linked to the SatoshiVM team sold $3 million worth of SAVM tokens during a recent price rally, raising concerns about a potential “pump and dump” scheme. Analysts and experts are…
Terraform Labs files for Chapter 11 of ongoing legal proceedingsTerraform Labs, the company linked to the TerraUSD (UST) stablecoin failure and led by CEO Do-Do Kwon, has taken an important step by filing for Chapter 11 bankruptcy protection in the United States. The move, revealed in a recent filing in the U.S. Bankruptcy Court for the District of Delaware, represents the company’s efforts to effectively manage its financial and legal affairs.Financial burden and asset-liability coverageThe bankruptcy filing points to a significant amount of both Terraform Labs’ liabilities and assets, estimated at between $100 million and $500 million. This broad scope…