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Author: Crypto Flexs
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The recent surge in the value of Sei Network’s SEI token has attracted considerable attention, with its value increasing by 80% in the past week. This stands in stark contrast to the current state of the cryptocurrency market, where many major cryptocurrencies are facing a recession. This increase in value has propelled SEI’s governance token to the top of Coingecko’s top 100 cryptocurrencies list. The growth of SEI Coin can be attributed to the increasing adoption of Ethereum Virtual Machine-compatible blockchains and the implementation of parallelized processes. EVM-compatible blockchains provide a platform for deploying smart contracts and Ethereum applications, and…
Ethereum price failed to recover above the $2,300 resistance level. ETH is showing some bearish signs and may revisit the $2,080 support. Ethereum is struggling to break through the $2,280 and $2,300 resistance levels. The price is trading below $2,300 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,280. A stay below the $2,300 resistance could start a new downtrend. Ethereum price rejected Ethereum price, like Bitcoin, began a recovery above the $2,120 level. ETH was able to clear the $2,200 and $2,220 resistance…
ARK’s Big Move: Coinbase Out, Tesla InCathie Wood’s ARK Invest made significant portfolio adjustments, including selling $25 million worth of Coinbase (COIN) stock and redirecting funds to Tesla (TSLA). On January 3, ARK sold more than 166,000 Coinbase shares as the stock fell 3% to close at $152.24. The sale is part of a broader pattern that has seen ARK sell more than $125 million worth of Coinbase stock since December 2023.Tesla Takes the Stage: ARK’s New BetAfter the Coinbase selloff, ARK Invest did not sit still. Instead, it reinvested almost the same amount in electric car giant Tesla. ARK…
introductionAt the intersection of cryptocurrency finance and education, there are numerous topics worth investigating. Whether you’re an experienced investor, a curious newcomer, or passionate about financial literacy, there’s something for everyone here. Here you can discover everything from cryptocurrency assets to financial assets. Passion for education or financial knowledge about these digital currencies! When it comes to communicating your ideas effectively, an affordable writing service like SpeedyPaper that specializes in educational content can provide invaluable assistance. This not only ensures that students understand the material effectively, but also helps them develop strong communication skills for academic success. Is Speedypaper trustworthy?…
There is an old diamond mine in South Africa affectionately known as The Big Hole. Open pit mines represent the world’s deepest holes dug by hand. From 1871 to 1914, about 50,000 miners from around the world showed up with picks and shovels and dug holes spanning more than 42 acres. When all work was completed, approximately 6,000 pounds of diamonds had been extracted from the mine. Now, the mine dug by the prospectors in Playson’s Crystal Land 2 slot is certainly not that big. I’m hoping it’s big enough to score a big win though. Time to get your…
Cryptocurrencies have been gaining popularity over the years and one of the emerging players in the digital currency space is DigiByte. DigiByte is a decentralized blockchain focused on security, speed, and decentralization. In this ultimate guide, we’ll explore the future of cryptocurrency and how it’s making waves in the industry with DigiByte. What is Digibyte? DigiByte is a digital currency created in 2013 by Jared Tate. It is a public, fast-growing, and highly decentralized blockchain. DigiByte uses five mining algorithms to secure the network and prevent centralization, creating a more secure and resilient cryptocurrency. DigiByte also boasts the fastest block…
Binance Labs, the investment arm of popular cryptocurrency exchange Binance, recently announced a large investment in Memecoin (MEME), the native token of the Memeland ecosystem. The move marks Binance Labs’ notable foray into the burgeoning field of SocialFi, a hybrid of social media and social media. Decentralized Finance – Harnesses the widespread appeal of Internet meme culture.. Memeland’s vision and ecosystem Operating as an independent Web3 venture studio under 9GAG, the globally popular meme platform, Memeland aims to revolutionize the way content creators and communities interact. With over 200 million monthly users across channels, 9GAG’s experience building community-driven products uniquely…
Bitcoin price recovered above $43,500 but struggled near $44,500. BTC is consolidating gains and could test the $42,150 support area. Bitcoin recovered above the $43,500 resistance and remained in positive territory. The price is trading below $44,000 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 $44,400. The pair may decline towards the $42,150 and $42,000 support levels. Bitcoin price maintains support Bitcoin price began a recovery above the $43,200 resistance zone. BTC broke the $43,500 resistance zone and moved further into the…
Social media mentions of ARB, the native token of Arbitrum, Ethereum’s layer 2 scaling solution, are increasing, suggesting growing interest and potential price appreciation. According to AlphaScan data On January 4th, ARB had the “highest sentiment” of the past 24 hours, with over 40% of all weekly mentions occurring within this period. In particular, ARB was the second most talked about token after Bitcoin. This surge in positive sentiment is seen on a weekly basis, with more than 30% of all monthly mentions occurring in the last week of December. ARB Trends | Source: AlphaScan ARB is trending upward with…