Market Outlook #248 (3rd December 2023) Hello, and welcome to the 248th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Solana, Polygon, Oasis Network, Amp and Unibot. As ever, if you have any requests for next week, send them across. Bitcoin: Weekly: Daily: Price: $39,449 Market Cap: $771.620bn Thoughts: If we begin by looking at BTC/USD on the weekly timeframe, we can see that price is set to close the week at fresh yearly highs, as well as highs of the week, on similar volume to the prior three weeks, having rallied off the…
Author: Crypto Flexs
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As far as I know Bitcoin Core knows of two types of RBF. These are full RBF and opt-in full RBF. In both cases, a transaction is replaced when a new transaction arrives that consumes at least one of the same inputs, is valid, and has a higher fee. The only difference is that with full RBF this applies to all transactions, whereas with opt-in full RBF transactions you have to signal this (some nSequence lesser 0xffffffff-1). Are there “replacements for a fee” or any other type of replacement? (I just need a list. I’ll do my own research on…
Australian lawyer Bill Morgan has suggested that lawyers at the US Securities and Exchange Commission (SEC) should be fired over allegations of misconduct. In a December 2 post on Although I have not had the opportunity to research this case, I can give a perspective on the Australian legal context at a general level regarding the type of conduct that is being criticized in Australian law. @s_alderoty and @JohnEDeaton1 Others.All parties urgently agree… https://t.co/jssqjUt3kj— Bill Morgan (@Belisarius2020) December 3, 2023 He made this comment in response to criticism from CryptoLaw founder John Deaton and Ripple (XRP) Chief Legal Officer Stuart…
Bitcoin’s recent rebound continued at a rapid pace over the weekend, with the price of the major cryptocurrency surpassing $40,000 on Sunday afternoon, according to data from CoinGecko.This is the first time the price of Bitcoin has been this high since April 2022, just before the broader cryptocurrency market crashed. Bitcoin’s 20-month high is up 15% in the past 30 days, and the price of Bitcoin has more than doubled since this time last year.The price rise appears to reflect continued optimism and expectations regarding the expected approval of a Bitcoin spot exchange-traded fund (ETF) in the United States. A…
Posted 1 minute ago In ~ SoFi, the financial services platform that introduced cryptocurrency trading in 2019, is scaling back its cryptocurrency business, the company announced. New account creation has been disabled and existing users will have three weeks to migrate to Blockchain.com before their cryptocurrency accounts are automatically liquidated. Some geographic restrictions apply to immigration eligibility.: Users in some states are required to sell certain unsupported tokens, including: avalanche Avex -1.14% and episode episode + Swap, New York State residents are not eligible to move outright. SoFi held approximately $140 million worth of cryptocurrency as of the third quarter,…
Solana’s TVL has grown by more than 70% in the past month. The network has seen its highest daily trading volume trends in history. Solana (SOL) has experienced notable growth in Total Value Locked (TVL) compared to other chains in recent weeks. But what has been the overall impact on Solana’s TVL trends? Solana records highest TVL growth trend When we examined the overall Total Value Locked (TVL) of all chains, we found that Solana had the 7th highest TVL ranking. But a cursory look at the rankings fails to tell the full story. Upon closer analysis, we found that…
What is it about cowboys that attracts young children? Is it freedom? Or maybe you’ll just be riding horses all day. Whatever it was, I was definitely one of those kids who wanted to be a cowboy. But the more I learned about this profession, the less passionate I became. Between saddle rash and riding animals that can kill you, it seems to have lost its appeal. I don’t want to be a cowboy anymore, but I still love a good cowboy themed slot. Relax Gaming has launched a new entry into the genre with the release of The Wild…
Changpeng Zhao, former CEO of Binance, faced a setback. The Bitcoin spot ETF craze continues as BlackRock and Grayscale revise their filings. BTC has occupied the $39,000 position amid the continued market upward trend. Former Binance CEO’s travel ban The U.S. Justice Department opposed Zhao’s departure to the UAE, adding that he may not return to the United States to be sentenced because the country does not have an extradition treaty with the UAE. District Judge Richard Jones this week agreed with authorities to restrict Zhao from leaving the country before he is sentenced next February. Zhao must remain in…
“I think of this as a third-generation cryptocurrency vault where multiple custodians are linked together,” he said. “For example, a client in Brazil who is a custodian may want to store some assets in the UK that are not currently in the UK. So they can use us as sub-custodians and use our regulatory powers and so on. I think multiple networks are really important in terms of connecting custodians together and connecting custodians to exchanges and venues in a compliant way.”
AVAX price is showing positive signs above the $20 support level. Avalanche bullishness appears to be under control and may be targeting a rise towards $25. AVAX price is showing positive signs, surpassing the $20 level against the US dollar. The price is trading above $21 and the 100 simple moving average (4-hours). On the 4-hours chart of the AVAX/USD pair, there is a major bullish trend line forming with support near $20.60 (data source from Kraken). If there is a clear move above the $22.50 and $23.00 resistance levels, the pair may continue to rise. AVAX price signals a…