Market Outlook #244 (7th November 2023) Hello, and welcome to the 244th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Solana, Blur, Metis, LooksRare and Hathor. Will be publishing a slightly longer Outlook next week, so if you have any requests, let me know. Bitcoin: Weekly: Daily: Price: $35,081 Market Cap: $685.304bn Thoughts: If we begin by looking at BTC/USD, we can see that price closed last week marginally above the prior weekly close, though on lower volume, rejecting at $36k and now consolidating right below that level. Nonetheless, we have a clear weekly…
Author: Crypto Flexs
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The Colosseum was a product of ancient engineering. It is a huge amphitheater with a length of 189 m, a width of 156 m, and a height of 50 m. There are 80 entrances and 50,000 spectators, which is equivalent to Yankee Stadium or Anfield. All of this was completed in just eight years using the most basic tools. It’s really amazing. Explore the Colosseum’s heyday with Pragmatic Play’s Chase for Glory slot. Gladiators, are you ready? A round of the slot’s incredibly complex free spins bonus feature begins with the appearance of three or more Colosseum symbols. When a…
Azuki DAO, the unofficial community decentralized autonomous organization surrounding the eponymous collection of non-fungible tokens, announced its rebranding to “Bean,” dismissing a proposed $39 million issuance lawsuit against the NFT collection’s founder Zagabond. Developer Azuki said in a statement to Cointelegraph that the DAO will be rebranded as the Memecoin project and become part of the Ethereum layer 2 Blast ecosystem. The developers also claim that Bean has secured $10 million from “high-profile investors” to develop and accelerate development within the Blast ecosystem.The proposed total supply of Bean memecoins is 1 billion. 40% of tokens will be allocated to the…
Richard Teng, who was recently hired as CEO of Binance, assured stakeholders of the exchange’s efforts to uphold its key principles in a post on social media. His message, following a turbulent era for the company, is a promise of stability and user-centricity from a corporate perspective. Given the recent legal troubles involving his predecessor, Changpeng Zhao, this promise is particularly noteworthy in light of that particular incident. Teng’s Confidence Amid Leadership Change The following is Richard Teng’s tweet: “I’ll be talking a lot over the next few weeks.” It’s more than interviews, events, AMAs. I’m excited to meet many…
Alex Tapscott is a well-known voice in the blockchain and Ethereum space. In 2016, he was co-author with his father, Don, of “Blockchain Revolution,” one of the most influential early books on business blockchain. On September 19 of this year, Alex released a new book, “Web3: Charting the Internet’s Next Economic and Cultural Frontier”. Alex is also a part of the Blockchain Research Institute, which is an EEA member. Interview by Tom Lyons Alex, why did you write a book on Web3? Every so often, a new technology comes along that changes the economic order of things in society in…
The LINK price is no stranger to bullish rallies, with the token rising from a low of $5.8 to a high of $7.9 in September alone. Even now, the bullish momentum among enthusiasts has not abated, with cryptocurrency analysts predicting a 130% price increase. LINK price prediction ahead of October In an analysis published on TradingView, anonymous analyst Babenski explains the reasons for the $18 surge seen on the chart. First, it represents the low of $5.8 recorded in mid-September, confirmed by the cumulative range. This is not unusual, considering that large purchases occurred when LINK price fell to $5.8.…
Qualys Malware Research Labs announced the release of the Qualys BrowserCheck CoinBlocker Chrome extension to detect and block browser-based cryptocurrency mining. Cryptojacking. Cryptojacking Cryptojacking attacks leverage the resources of the victim’s system through malicious JavaScript to mine specific cryptocurrencies. Attackers carry out these attacks by infecting popular sites with JavaScript that enables cryptojacking. Every visitor to these sites downloads JavaScript and unknowingly provides system resources to mine cryptocurrency, which adds to the attacker’s wallet. The resource-intensive mining process is performed on the victim’s system and typically consumes more than 70% of the CPU, which can slow down system performance, increase…
Melbourne, Australia, November 25, 2023, ChainwireTIES CAPITAL GLOBAL PTY LTD, Australia’s leading financial services provider, is pleased to announce the launch of an innovative cryptocurrency trading platform that sets a new standard for traders seeking dynamic and secure opportunities in the rapidly evolving world of digital assets. do. This strategic move reinforces TIES CAPITAL GLOBAL’s commitment to providing cutting-edge solutions and comprehensive services to meet the growing needs of cryptocurrency enthusiasts.Comprehensive cryptocurrency trading experience:TIES CAPITAL GLOBAL’s new cryptocurrency trading platform combines cutting-edge technologies with a focus on security and transparency to provide users with a comprehensive and user-friendly experience. Traders…
Documented statistics on cryptocurrency trading and substance abuse are difficult to come by, but addiction specialists are treating a growing number of cryptocurrency traders. Abdullah Boulad, founder and CEO of The Balance Luxury Rehab, told the magazine that many cryptocurrency traders struggle with substance abuse. “Our customer base is diverse, but it is a unique demographic that has seen growth in recent years,” Boulad says. According to Boulad, the high intensity of cryptocurrency trading combined with 24/7 accessibility encourages some people to use stimulants to keep up with the pace. “Using substances such as amphetamines, cocaine and even excessive caffeine…
One of the best performing cryptocurrency assets right now is the layer 1 blockchain Avalanche (AVAX). Tokens are outperforming big cap stocks for another day, but what’s driving the momentum? AVAX price has risen by almost 10% in the last 12 hours, bringing the token back to the $23 price level. This outpaced the gains of other altcoins and the overall cryptocurrency market, which rose about 2.3% on the day. Avalanche Hype Due to RWA Tokenization There is currently a lot of talk surrounding layer 1 high throughput blockchains, which has seen the price of AVAX rise by a whopping…