The number of ‘Buy The Dip’ mentions on social media rose to 323, the highest since March 25, 2022, according to data tracked by blockchain analytics platform Santiment show. The surge came as the price of Bitcoin plummeted to $41,000 in a matter of hours, shaking up the market’s excessive leverage.
Author: Crypto Flexs
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The world of cryptocurrency is constantly evolving, with new players entering the market all the time. One cryptocurrency that is making waves in the industry is Monero. Dubbed an “untraceable” cryptocurrency, Monero is changing the game with its focus on user privacy and security. What is Monero? Monero is a decentralized open source cryptocurrency created in April 2014. Unlike other cryptocurrencies such as Bitcoin, Monero focuses on privacy, anonymity, and fungibility. This means that transactions made with Monero are untraceable and unlinkable, providing users with a high level of privacy. How does Monero work? Monero uses a technology called ring…
January 3, 2024, New York, USA, Chainwire PawFury’s brings gaming enthusiasts to the forefront of Play-to-Earn innovation with the recently launched $PawFactory. Users are invited into a world where their gaming skills and investment knowledge are equally rewarded. PawFury’s live presale offers more than just a game pass. This is your portal opportunity to get bonuses of up to 149%. This event allows enthusiasts to enhance their gaming journey while potentially increasing their rewards. Introducing $PawFactory: Combining Monetization Opportunities and Gaming Fun The core of PawFury’s products is $PawFactory, a platform that allows users to: Staking $PAW Tokens: Provides opportunities…
join us telegram A channel to stay up to date on breaking news coverage Alessandro De Crypto reviewed the pre-sale of yPredict, which has already secured an impressive $6.3 million, with just 1.29% remaining at $0.12 before the expected takeoff. Setting a new benchmark in the industry, the platform introduces AI-based trading signals, sentiment analysis, technical analysis and chart pattern recognition with the goal of redefining traditional trading strategies. AI-based cryptocurrency trading hub that will shake up the market Powered by Polygon, with its trading and AI expertise, yPredict strives to become the best cryptocurrency trading hub. The core engine…
In early January 2023, the Financial Services Commission of Korea (FSC) made several very important decisions. A legislative notice issued on January 3 revealed the Financial Services Commission’s (FSC) concerns about the potential for money laundering and illicit fund outflows related to Koreans acquiring cryptocurrencies from foreign exchanges. As a solution to this problem, a revision to the Enforcement Decree of the Credit Finance Business Act was proposed. The main purpose of this amendment is to ban the use of credit cards for cryptocurrency purchases, with a particular focus on transactions taking place on international exchanges. The implementation of this…
IntroductionIn the digital age, technologies like artificial intelligence, machine learning, and Blockchain are revolutionizing numerous sectors. One such transformative technology that has gained considerable attention is Blockchain. Blockchain is a decentralized, distributed ledger system that securely records transactions across multiple computers. It offers unparalleled security, transparency, and efficiency, making it an ideal solution for various industries, including education.A crucial element of this technology is the Blockchain platform. But what exactly is a Blockchain platform? A blockchain platform is a development environment that allows developers to build and deploy decentralized applications (dApps) and smart contracts. These Blockchain platforms provide the necessary…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin is popular and trustworthy. However, it is highly unlikely that the world’s largest cryptocurrency will generate returns of more than 100% annually over the next few years. A large market capitalization is a sign of reliability. At the same time, it is also an obstacle to growth. On the other hand, promising low-cost cryptocurrencies based in fertile niche markets offer excellent investment opportunities. Only they can make 10x to 100x profits within a year. In this article, we will discuss Scorpion Casino, a project that…
Solana continues Optimistic feelings about the ecosystem According to on-chain data, the stablecoin market has upset Ethereum for the second week in a row. SOL’s price growth has slowed over the past week, showing a seven-day decline of minus 2.3% at the time of this writing. However, stablecoin transfers on the Solana chain show that the blockchain maintains its reputation as an Ethereum killer, recording over $10.3 billion in transaction volume last week. Stablecoins growing on Solana Ethereum has largely dominated the stablecoin market since the inception of Tether USDT. However, according to data from a cryptocurrency analytics platform, Artemis,…
Cryptocurrency inflows from asset managers such as CoinShares, Grayscale, ProShares and 21Shares reached $2.2 billion last year, with Bitcoin investment products accounting for the majority, according to CoinShares’ 2023 report.The full-year total represents a significant reversal compared to 2022. Inflows in 2023 were 2.7x, making it the third-largest year based on data since 2017, said James Butterfill, head of research at CoinShares. However, flows are still significantly lower compared to $10.7 billion in 2021 and $6.6 billion in 2020.“Much of the recovery came in the final quarter, when it became increasingly clear that the SEC was preparing to launch a…
Sumit Gupta recently released an official tweet to clarify the recent news about a scam on the CoinDCX app. The co-founder and CEO of CoinDCX began his tweet by acknowledging reports of unethical behavior associated with the exchange. However, Sumit was quick to clarify that no such incident occurred on the official CoinDCX website or app. Most of these problems appear to be caused by fake websites that are prevalent in the cryptocurrency market. The CoinDCX co-founder informed users that several fake URLs and websites centered around CoinDCX were operating. To trick users and illegally obtain their funds, these platforms…