Bitcoin price found support and began a significant rise above $43,000. BTC is rising, but may have trouble overcoming the $44,300 and $44,500 resistance levels. Bitcoin tested the $41,650 area and started a new increase. The price is trading above $43,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above a bearish trend line connecting with resistance near $43,350. The pair may continue to surge towards the key resistance level of $44,300. Bitcoin price rises again The Bitcoin price was able to find bids above the $41,500…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage With a potential bull market in sight, we can expect an influx of investors seeking meme coins and 10x profits, making Meme Kombat a potential behemoth in the revenue-generating space. With the recently introduced coin surpassing the once-dominant Pepe, cryptocurrency experts are now focusing on Meme Kombat as the next potential star. With unique features not found in other meme coins and ongoing pre-sales providing an attractive entry opportunity for early adopters, Meme Kombat emerges as a compelling and attractive choice. Cryptocurrency experts predict explosive growth…
Posted 1 minute ago In ~ MicroStrategy made additional purchases. 14,620 Bitcoin last month.The company has spent $615.7 million on its latest assets, at an average price of $42,110 per bitcoin, according to a Form 8-K filing posted to its website today. Purchases were made between November 30 and December 26.MicroStrategy currently holds 189,150 Bitcoins, purchased at an average price of $31,168. The company spent $5.89 billion on its holdings, which are now worth $8.1 billion, up $2.2 billion on paper.According to The Block’s price page, the price of Bitcoin has risen from $37,400 last month to the current price…
Binance Coin (BNB) despite experiencing significant declines earlier this year due to market volatility and the SEC. Lawsuit against Binance Founder Changpeng Zhao (CZ) has shown remarkable recovery and promising prospects. Recent data shows that the BNB price has risen again due to the increasing usage of decentralized applications (DApps) on Binance Smart Chain (BSC). Additionally, BNB’s fundamentals, including impressive market capitalization figures and growing revenue, are further contributing to the positive momentum. BNB price rise due to DApp adoption? BNB witnessed a sharp decline from its yearly high of $350 before falling to the $203 level due to the…
What is CryptoSlate Alpha?A web3 membership designed to provide cutting-edge insight and knowledge. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.Oh no… we need to lock down at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more >disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree to be bound by the third-party digital wallet provider’s terms and conditions and…
A cryptocurrency analyst summarized the following: bold prediction Regarding future trajectory XRP price. Based on his prediction, XRP Community We will soon see the prices of crypto tokens entering triple digits. XRP price rises to $352 in video A cryptocurrency analyst from the JWK Show channel posted on YouTube concluded that the price of XRP could potentially rise to $352. He came to this conclusion after using the XRP calculator. This calculator was invented based on a valuation model developed by Susan Athey. ripples We have Robert Mitchnick on the Board of Directors and a former employee of the crypto…
China’s State Administration of Foreign Exchange (SAFE) has targeted underground banks that provide illegal exchange services using cryptocurrencies. The operation, uncovered by Qingdao police, involved more than 1,000 bank accounts linked to a Chinese national named Jin. This individual facilitated a currency exchange business, raising as much as 15.8 billion yuan ($2.2 billion) in funds to purchase cryptocurrencies on overseas exchanges and provide yuan currency exchange services.The illicit currency exchange operation orchestrated more than 20 million transactions across 17 Chinese provinces. During the crackdown, an account linked to Mr. Jin, which was operated as a funneling account, was also traced.…
Ethereum could surpass Bitcoin by 2024, according to ETC Group head of research. André Dragosch said: The potential for a reversal of ether’s relative underperformance compared to Bitcoin in 2023 will be driven by technological advancements and Ethereum’s position as a leading smart contract platform.“Ethereum has underperformed Bitcoin over the past 12 months, but I think Ethereum could outperform Bitcoin over the next 12 months,” Dragosch told The Block. Ethereum price risesIn a recent ETC Group report: In a message to The Block, Dragosch pointed to the deflationary “burn mechanism” being introduced along with other factors that could drive the…
On December 25, 2023, the Bitcoin network achieved an important milestone. Mining hash rate, a measure of a network’s computing power, hit an all-time high of 544 exahashes per second (EH/s). This landmark event, confirmed by Blockchain.com, marks a remarkable 130% increase since January 2023, when the hash rate was 253EH/s. This surge in hashrate has coincided with a notable rise in the price of Bitcoin, which has risen more than 150% since early 2023.. However, the rise in hashrate has created serious difficulties for miners. The increase in competition and computing power required to mine Bitcoin has made the…
Cryptocurrency was first launched by Satoshi Nakamoto in 2009. Since then, it has continued to evolve into a powerful and widely accepted payment method. Cryptocurrency is a digital or virtual currency that does not rely on banks to confirm transactions. Instead, it operates as a peer-to-peer payment system and runs on a public ledger called a blockchain. The decentralized nature of cryptocurrencies forms the basis for all applications. It offers a borderless, seamless, safe and fast payment method.Today, there are dozens of altcoins that are widely accepted on various platforms. Ethereum, Bitcoin Cash, Litecoin, Ripple, and Binance Coin are some…