Shiba Inu (SHIB) prices are entering what could potentially be the most important week in a year and a half. As explained in the previous analysis, SHIB showed conflicting patterns on the weekly chart: a bullish quadruple bottom and a bearish triangle. Things may resolve this week and bullish chart patterns may be validated. At press time, SHIB was trading at $0.00000933. Therefore, the Shiba Inu price has crossed the downward trend line of the triangle pattern. Why SHIB enters its most important week in a year and a half The quadruple bottom pattern was formed over a long period…
Author: Crypto Flexs
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In November alone, over $343 million worth of digital assets were stolen from digital asset platforms. Centralized exchanges accounted for 53.8% of total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on the BNB chain and Ethereum accounted for 83% of the total losses on the target chains.advertising Maximum monthly loss to date “A new report from Immunefi shows that $343,038,810 worth of digital assets fled both centralized and decentralized exchanges in November. The figure includes digital assets stolen through hacking and fraud, making it “the highest monthly loss so far this year.” Similar…
Franklin Templeton CEO Jenny Johnson is known to have personally invested in cryptocurrencies such as Bitcoin and Ethereum. Uniswap UNI -1.40% and episode episode + Exchange your governance tokens.These investments are “small compared to my overall portfolio,” Johnson told Fortune in an interview published Saturday. This appears to be the first time Johnson has publicly disclosed his cryptocurrency investments.But Johnson doesn’t seem to be a fan of non-fungible tokens. Not all NFTs make sense from a personal investment perspective, she said, noting that she prefers mature investments that offer a clear financial return.“I tend to invest in areas where I…
Chromia confirms mainnet launch in 2024 – Chainwire We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by subscribers or users. Technical storage or…
Bitcoin’s upward trajectory continued on Monday, with the cryptocurrency soaring above 41,700 hours after hitting $40,000 on Sunday afternoon.According to data from CoinGecko: bitcoin price It’s currently just over $41,600, up 5.6% on the day and more than 11% on the week. Just a year ago, the price of Bitcoin was just under $17,000, and last year the price of the cryptocurrency soared more than 144%.Bitcoin’s rally has helped the price reach levels not seen since April 2022, pushing the market capitalization of all cryptocurrencies to $1.61 trillion, up 3.6% in the past 24 hours.The surge in Bitcoin prices led…
In recent years, North Korea has significantly stepped up its cyber operations, specifically targeting the cryptocurrency industry. This strategic shift emerged around 2017, when the country’s cybercrime activity, previously focused on traditional financial institutions, redirected to the burgeoning digital currency sector. According to Recorded Future, the driving force behind this change is likely to be the increased scrutiny and enhanced cybersecurity measures adopted by banks and financial institutions following a series of high-profile robberies, including the infamous Bangladesh Bank robbery.. As a relatively new and less regulated industry, cryptocurrencies presented a lucrative but vulnerable target. North Korean operatives have since…
Despite the prevailing bullish sentiment, there are macro factors that could pose a threat to the Bitcoin bull market. Various cryptocurrency executives have suggested that the current Bitcoin rally will turn into a bull market with BTC rising to at least $100,000. Although it is still below the peak price reached in November 2021, the price of Bitcoin is currently up 140% this year. Bitcoin reached the $40,000 threshold as bullish sentiment about the asset price increased over the weekend. Will there be a Bitcoin bull market in 2024? Crypto Execs Believe It Is Possible According to Pascal Gauthier, CEO…
Blockchain transactions surged 12-fold in just 4 days. 100% of the inscriptions were produced. transaction NEAR Protocol (NEAR) According to Near Blocks, blockchain surged to unexpected levels between December 1st and 2nd. Total as of November 29 transaction The number of NEARs was 1.84 million. However, at the time of going to press, the same figure stood at 13.93 million, a 12-fold increase in a matter of days. Source: NearBlocks.io There was no reason for the rapid increase in trading volume. According to research by AMBCrypto, NEAR has become the latest Layer 1 (L1) blockchain with the inscription. NEAR and…
A bull run is like a forest fire. You need a combination of conditions to get started.For a forest fire to occur, there must be long periods of rain, high temperatures, and strong winds at the time of ignition. Yes – wildfires have been made worse by record methane emissions, which Bitcoin helps mitigate. But that’s not what this article is about. This time it’s just a metaphor. Halving causes new supply of Bitcoin to dry up (it doesn’t rain). They have increased interest in the timing of Bitcoin market entry (hot). But it also requires strong winds and an…
Bitcoin (BTC) starts the first week of December above $40,000, in better shape than it has been since early 2022.BTC price action is already pleasingly bullish as the month begins, with the weekly close providing a trip above $40,000 for the first time since April of last year.As the bull market has recently shown an upward trend due to macroeconomic changes and expectations for America’s first spot ETF (exchange-traded fund), short selling is disappearing and liquidity is weakening.Despite concerns and some predicting a massive price retracement, Bitcoin offers some respite to sellers who consistently miss out on profits or are…