On Tuesday, Bitcoin surpassed $45,000 for the first time since April 2022. BTC is off to a strong start to 2024 with hopes of introducing an exchange-traded spot Bitcoin fund. At $45,355, the world’s largest and best-known cryptocurrency rose 4.3%, reaching its highest level since April 6, 2022. Other tokens also showed gains. Ethereum, the second largest, rose 2.6%. These changes still leave Bitcoin 34% off its November 2021 high of $69,000. Expectations for Bitcoin ETF Approval Fuel Rally The U.S. Securities and Exchange Commission is expected to approve the launch of numerous spot Bitcoin ETFs, as it has done…
Author: Crypto Flexs
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Bitcoin briefly topped $45,000 on New Year’s Day, something it hasn’t seen since April 2022, reminiscent of the roller coaster ride of January that year, when the price of the world’s leading cryptocurrency surpassed the threshold three times in a matter of days. Interleaved with dips as low as $36,000.Bitcoin was last recorded at $45,000 on April 5, 2022, and fell to $15,742 on November 9. CoinGecko. On Lunar New Year’s Day, market capitalization exceeded $836 billion, and trading volume hit $22 billion.As of this writing, BTC is up over 171% compared to this time last year, up over 13%…
Security • January 2, 2024 3:18 AM EST Posted 1 minute ago In ~ orbital Chain, Reportedly suffered $81.5 million in hacking damage On Sunday, the leaked cryptocurrency “remains unmoved” from the address where the leaked funds were stored, the company announced today. “Our team is continuously monitoring stolen assets and we are committed to notifying our community when addresses associated with stolen assets take action,” the company said. post At X.Orbit Chain following large-scale hacking presentation On Monday, it asked global cryptocurrency trading platforms to freeze stolen assets and said it was working with global security firms and law…
Ethereum has finally announced a tentative release date for its upgrade schedule. The network plans to launch a new mainnet hard fork, Dencun, in the first quarter. If all goes well, the Ethereum team is considering the following dates to fork the public testnet: Görli – January 17 Sepolia – January 30 Holsky – February 7 According to the developers, Goerli will not be added to the testing plan after the hard fork. The network is scheduled to depreciate and it is time for an Electra/Prague upgrade. It is yet to be determined whether Ethereum will focus on structuring upgrades…
Zug, Switzerland, January 2, 2024, Chainwire In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance and Cardinal Cryptography, the hybrid event will offer multiple tracks with prizes and funding opportunities of up to $575K USD. The Aleph Zero Foundation, dedicated to the advancement and adoption of the Aleph Zero blockchain, today announced the launch of CTRL+Hack+ZK, a comprehensive hackathon event. The event will be held virtually from January 10 to January 31, 2024. CTRL+Hack+ZK represents Aleph Zero’s most immersive hacking event to date, designed to foster innovation and collaboration in the blockchain…
Zug, Switzerland, January 2, 2024, Chainwire In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance and Cardinal Cryptography, the hybrid event will offer multiple tracks with prizes and funding opportunities of up to $575K USD. The Aleph Zero Foundation, dedicated to the advancement and adoption of the Aleph Zero blockchain, today announced the launch of CTRL+Hack+ZK, a comprehensive hackathon event. The event will be held virtually from January 10 to January 31, 2024. CTRL+Hack+ZK represents Aleph Zero’s most immersive hacking event to date, designed to foster innovation and collaboration in the blockchain…
Cryptocurrency known as Bitcoin SV (BSVThe controversial Bitcoin fork) saw a huge surge, crossing the $100 threshold for the first time since April 2022. This significant growth has resulted in a spectacular reversal in market value. There has been a notable increase of 108% over the past week. There are a number of favorable technical indicators contributing to this rise. These indicators include the bullish Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), both of which indicate that significant upward momentum is occurring. In particular, the relative strength index (RSI), a momentum indicator used in technical analysis,…
Bitcoin isn’t the only digital asset making big gains early in the new year. A number of altcoins are also surging, a few of which have been leading the market for months and analysts are predicting huge gains in 2024. The overall cryptocurrency market capitalization rose to $1.82 trillion on January 2, reaching its highest level since May 2022. Bitcoin Reclaims Its Ground: Altcoins Could Be Ready for Phenomenal Highs Bitcoin leads the market, rising 7% to surpass $45,000 for the first time in nearly two years. However, some altcoins are currently seeing even bigger gains. On January 1, cryptocurrency…
Solana is up more than 10% and is trending above $105. SOL price appears to be preparing for an upward reversal above the $125 resistance zone. SOL price started a new bounce above the $100 resistance level against the US dollar. The price is currently trading above $105 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair (data source from Kraken), a breakout occurred above the main contraction triangle with resistance near $104. If there is a clear move above the $118 resistance, the pair may continue to rise. Solana price begins a new…
Recently, Justin Sun, founder of TRON and CEO of BitTorrent, has attracted a lot of attention in the cryptocurrency world. As recent data shows, the estimated value of his cryptocurrency portfolio is around $1.4 billion. Portfolio composition Sun’s portfolio vividly demonstrates his investment acumen and the volatile yet highly profitable nature of the cryptocurrency market. In 2023 alone, his portfolio earned an impressive $323 million. Analysis of his holdings shows strategic diversification across various cryptocurrencies. Key Holdings: The largest portion of his portfolio is in Wrapped Staked ETH (WSTETH), with an investment worth approximately $422.17 million. It is followed by…