Bitcoin surpassed $77,000 on Friday, November 8, hitting an all-time high for the second day in a row. Bitcoin (BTC) hit a new all-time high of $77,020 about 48 hours after Donald Trump won the U.S. presidential election and several pro-cryptocurrency policymakers were elected to Congress. With a market capitalization of $1.5 trillion, Bitcoin has now surpassed Mark Zuckerberg’s Meta to become the world’s ninth most valuable asset. The recent surge has pushed BTC’s annual growth rate past 118%. Over the past 30 days, Bitcoin has gained nearly 25% as seasonal trends and semi-annual data indicate an optimistic outlook. Over…
Author: Crypto Flexs
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The recent price surge of GRASS, up 187.99% over the past 7 days, appears to have been fueled by the success of the airdrop and BTC’s new all-time high. These factors, along with the listing of GRASS on Binance Futures with up to 75x leverage, have created a wave of bullish momentum. However, the current RSI shows that GRASS is still in overbought territory, suggesting caution may be needed as buying pressure may weaken. GRASS RSI is above overbought level. GRASS’s RSI has surged significantly since the recent price increase, rising to 71.8 from 55 just two days ago. This…
Ethereum (ETH) recorded its biggest three-day return of 2024, surging 21% after President-elect Donald Trump was announced as the winner of the US presidential election. The rally also broke the altcoin’s indirect resistance of $2,800 and a 96-day long trend low consolidation range. Ethereum 3-day chart. Source: TradingViewWith the cryptocurrency community anticipating renewed strength, Ether has sent a strong buy signal based on its historical setup for 2023. Ethereum reflects a bullish setup for 2023.In 2023, Ethereum showed a downward trend between the second and fourth quarters, followed by a cumulative range (green box on the chart) in the third…
lawrence jenga 7 November 2024 15:19 Injective (INJ) and Fetch.ai have teamed up with the Artificial Superintelligence Alliance to advance AI-enabled finance on the Injective platform, taking a significant step forward in blockchain interoperability. In a notable development in the blockchain sector, Injective (INJ) has activated an Inter-Blockchain Communication (IBC) channel with the Artificial Superintelligence Alliance (ASI), a collaboration committed to enhancing AI-enabled finance through blockchain interoperability. According to Injective’s official blog, this partnership integrates Injective’s decentralized finance (DeFi) capabilities with ASI’s advanced AI technology. artificial superintelligence alliance The Artificial Superintelligence Alliance (ASI), formed…
Ethereum (ETH) is currently experiencing its biggest weekly gain since May 2024. While BTC’s momentum stalled in the past 24 hours, ETH price reached a quarterly high of $2,956, with fresh price action pushing the ETH/ETH price up 6%. BTC chart. With Ethereum briefly outperforming Bitcoin (BTC) for the first time in months, the altcoin-BTC pair has captured the market’s attention as a potential trend reversal. Ethereum has broken a 161-day bearish trend.The pivotal daily breakout on the Ether daily chart is one of the main reasons for the renewed interest in the ETH/BTC trend. Ethereum 1 day chart. Source:…
Bitcoin price is rising above $75,000. BTC is on the rise and may aim to break above the $77,000 resistance zone in the near term. Bitcoin began a new surge above the $74,500 area. The price is trading above $74,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bullish trendline attached with support at $75,450. The pair may continue to rise above the $76,200 resistance zone. Bitcoin price sets another ATH Bitcoin price began a new rise above the $74,500 level. BTC cleared the $75,000 resistance level and traded…
Solana price Exceeded $200 record trading volume. Fed’s interest rate reduction and political development trigger optimism. Solana ETF It could come in 2025. The cryptocurrency market is entering a major bullish phase once again, with valuations hitting record highs. Bitcoin hit a new ATH of $76,943 following a surge in optimism about the recent US election. Solana recently made even bigger gains, breaking above $200. This rise was accompanied by a surge in network activity due to anticipation of possible approval of the Solana ETF after the election. Solana surpasses $200 with bullish momentum Recent developments have pushed Solana to…
Timothy Morano 7 November 2024 15:34 Bitfinex celebrates its 12th anniversary by highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations such as Lightning Network support and tokenized securities. As Bitfinex celebrates its 12th anniversary, the platform looks back on its journey as a pioneering Bitcoin-first exchange. Known for its efforts to power global decentralized finance, Bitfinex has maintained a strong presence in the digital asset space, according to blog.bitfinex.com. Commitment to Innovation Throughout its history, Bitfinex has been at the forefront of technological advancements in the cryptocurrency…
Timothy Morano 7 November 2024 15:34 Bitfinex celebrates its 12th anniversary by highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations such as Lightning Network support and tokenized securities. As Bitfinex celebrates its 12th anniversary, the platform looks back on its journey as a pioneering Bitcoin-first exchange. Known for its efforts to power global decentralized finance, Bitfinex has maintained a strong presence in the digital asset space, according to blog.bitfinex.com. Commitment to Innovation Throughout its history, Bitfinex has been at the forefront of technological advancements in the cryptocurrency…
Internet Computers (ICP) and Chainlink (LINK) are leading the cryptocurrency sector with a “historic pace” of recent development activity, according to digital asset analytics firm Santiment. Santiment points out that Internet Computer, a public, cloud-focused decentralized network, has recorded 829 notable GitHub events over the past 30 days. Chainlink, a decentralized oracle network, came in second place with 789.87 notable events over the same period. Hedera, a decentralized open source proof-of-stake public ledger, ranked third with 527.8. Internet Computer, Chainlink, and Hedera (HBAR) also ranked 1st, 2nd, and 3rd, respectively, in last month’s rankings. Source: Santiment/X Ethereum (ETH) competitor Cardano…