Navigating Potential Market DisruptionArthur Hayes, former CEO of BitMex and currently Chief Investment Officer at Maelstrom, predicted a significant downturn in the Bitcoin market, predicting a 20-30% plunge in the coming months. This prediction comes amid looming financial uncertainty and reflects the sentiment of several market analysts who predict difficult times ahead for cryptocurrencies.A brief explanation of Hayes’ predictionsHayes’ recent blog post highlights two important financial developments that could cause market instability. First, the depletion of the Federal Reserve’s Reverse Repo Program (RRP), which has been an important source of liquidity for the market, is rapidly decreasing. Hayes predicted that…
Author: Crypto Flexs
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Bitcoin price is still struggling to break the resistance levels of $44,500 and $44,700. BTC is showing some signs of weakness and could fall to $42,150. Bitcoin faces a major obstacle near the $44,500 resistance zone. The price is trading below $44,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $44,000. The pair may decline towards the $42,350 and $42,150 support levels. Bitcoin Price Faces Hurdles Bitcoin price attempted a new rise above the $43,500 resistance zone. BTC…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Celestia (TIA) and Galaxy Fox (GFOX) are solid. While the GFOX pre-sale was ongoing and successful, TIA reached new all-time highs. Galaxy Fox Ecosystem Survey Galaxy Fox is a cryptocurrency project that aims to become a beneficial token on web3. The platform will offer Play-to-Earn (P2E) runner games where users can earn GFOX based on their performance. Galaxy Fox will also have its own NFTs that can be traded on the marketplace using GFOX. Additionally, by staking GFOX, token…
January 4: KuCoin LabThe investment and incubation program of Seychelles-based cryptocurrency exchange KuCoin has made a strategic investment in DeMR, a ‘decentralized mixed reality (MR)’ infrastructure network (MR-DePIN) built on the Solana blockchain. He stated that he had done so. press release. According to the white paper, the project “addresses key challenges associated with 3D map generation using a decentralized network and an automated AI map reconstruction pipeline, enabling global full-screen 3D high-definition map data to be distributed at lower cost and higher efficiency.” “It can be collected and reorganized. It provides an open spatial interaction service for large-scale MR…
PancakeSwap has been actively engaged in efforts to strengthen its presence in the decentralized finance (DeFi) space. As a result, the number of CAKE tokens was reduced from 750 million to 450 million. In the meantime, the company has improved its growth pattern, token economics and emissions. Following the launch of CAKE Tokenomics v2.5 and the launch of the veCAKE Gauges system, these activities have laid the foundation for continued growth across all departments. After months of sustained deflation, their next plan is to reduce the total supply of CAKE to 450 million, in line with the goal of achieving…
The U.S. Securities and Exchange Commission (SEC) warned investors about the Fear of Missing Out (FOMO). “Just because others may purchase a particular investment does not mean it is a suitable opportunity for you,” the SEC noted. “We have all seen the growing interest in online investing and the explosion of digital assets and meme stocks. Understanding these types of investments can seem overwhelming.” SEC’s FOMO Warning The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy issued a warning about the risk of Fear of Missing Out (FOMO) through social media platform X on Saturday. This…
For centuries, Aegis has been surrounded by mystery and legend. It has been revered as a powerful symbol of protection and strength, and its origins date back to ancient mythology. But the true power of Aegis goes beyond legendary and has the potential to change your life in profound ways. Origin of Aegis In Greek mythology, the Aegis was a shield associated with the goddess Athena. It was often depicted as a shield decorated with the head of the monstrous Gorgon Medusa. Aegis is said to have the power to instill fear in the hearts of enemies and protect those…
Happy birthday, Bitcoin!On January 3, 2009, Satoshi Nakamoto, the anonymous creator of Bitcoin, mined the first block of Bitcoin, and now, 15 years later, the cryptocurrency market sees tens of thousands of different cryptocurrencies being traded every day. It is actively traded and has grown into a trillion dollar industry.Bitcoin has also become the national currency (El Salvador) and is considered by many to be Bitcoin. "new gold".💡At Altcoin Investor, we believe that 2024 and 2025 will see the largest gains and market valuations the cryptocurrency market has ever seen.Cryptocurrency market will soon go crazySearch Google for: "Bitcoin ETF" According…
In a significant move demonstrating its commitment to the broader Bitcoin ecosystem, prominent investment management firm VanEck will support Bitcoin Core with 5% of the revenue generated by its spot exchange-traded fund (ETF) if approved by the SEC. promised to allocate to . We have been hiring developers for over 10 years.VanEck has already kicked off this initiative by donating the first $10,000 to Brink, an independent non-profit organization dedicated to supporting Bitcoin open source development.This announcement highlights the company’s commitment to nurturing and strengthening Bitcoin’s underlying infrastructure. This initiative aims to provide sustainable support to developers contributing to the…
Curve Finance is a major player. Decentralized Finance The (DeFi) landscape has achieved a strategic expansion with the introduction of the MIM/crvUSD liquidity pool on the Arbitrum Network. This launch represents a major advancement in the DeFi ecosystem and marks a major step forward in expanding DeFi offerings and improving user experience. The MIM/crvUSD liquidity pool integrates Magic Internet Money (MIM) and crvUSD to create a dynamic platform for DeFi operations such as lending, borrowing, and trading. These integrations offer improved liquidity and stability, providing a balance of stability and utility and making it an attractive option for DeFi enthusiasts.…