On November 7, Bitcoin continued its trend of consecutive daily all-time highs with the BTC price trading above $76,800. Strong spot Bitcoin ETF inflows, BTC’s price discovery breaking out of a seven-month downward trend, and the success of the US Republican Party’s red wave across Congress, the Senate, and the administration are signals that have triggered several institutional groups. Investors strive to increase their allocations to Bitcoin. Evidence of this can be seen below:CME BTC futures trading volume hit an all-time high of $13.15 billion on November 6, with CME open interest reaching 15,255 BTC on the same day. BTC…
Author: Crypto Flexs
Read More
A popular cryptocurrency strategist is suddenly bullish on an altcoin linked to a viral game on encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on social media platform X that Notcoin (NOT) could skyrocket 100% from its current value. “Notcoin presents a promising risk-to-reward setup. If a falling wedge pattern forms, we could be ready for a bullish move towards $0.012!” Source: Ali Martinez/X A descending wedge breakout is a technical analysis pattern used to identify a bullish reversal in the price of an asset. This pattern is characterized by a series of lower highs and lower…
Peter Jang 7 November 2024 17:10 Mistral AI introduces a new moderation API that aims to improve content safety through a scalable and robust LLM-based system and support multiple languages for a variety of applications. Mistral AI announced the release of its new Moderation API, a tool designed to improve the safety and scalability of content management systems. According to Mistral AI, the API aims to help users detect undesirable text content across a variety of policy dimensions. Enhanced Safety Measures The Moderation API is built on the same framework that powers the moderation…
After specifying the range Spectra Forksuccessful interoperability With events and four devnets, we are now launching Mekong, our first short-term Pectra testnet! The Mekong River testnet includes all future proposed EIPs. Spectra Fork On Ethereum. These changes include UX changes through: EIP-7702Change staking via EIP-7251Change deposit and exit mechanisms by: EIP-6110/ EIP-7002 And more. You can find a complete list of EIPs and their implemented specifications. here. Mekong will be a playground for wallet developers to experiment with UX changes and for stakers to gain confidence in the upcoming changes. The testnet is short-lived and fully functional with all intended…
Asian cryptocurrency traders soar overnight as Trump is elected The cryptocurrency industry celebrated Donald Trump’s victory in the 2024 US presidential election as Bitcoin hit an all-time high. Asian markets have joined the rally, local sources told the magazine. “Many Asian traders have been working through the night to capture this surge and are profiting from the ‘buy the rumor, sell the news’ dynamic, especially with already confirmed Polymarket bets,” said Hong Kong-based market analyst Justin d’Anethan. The magazine tells it. Bitcoin reached a new all-time high as Donald Trump won the US presidential election. (Scottsdale Mint) Trump’s victory also…
RAY’s price has been parabolic since September, hitting a two-year high. Evaluate the correlation between RAY’s price action and Raydium’s performance against key indicators. RAY, the native token of Solana’s (SOL) Raydium DEX, has hit a two-year high. Notably, its performance so far over the past two months has outpaced Bitcoin (BTC), which reached a new high on November 6th. A look at RAY’s price action reveals a parabolic performance rooted in September accumulation. The token traded as low as $1.35 in September, but by October it was clear that the bulls were fully in control. RAY has surged to…
Timothy Morano 7 November 2024 17:33 Diagnosed with ALS, Della Larsen uses voice banking technology to preserve her voice for future generations and provide unforgettable memories for her family. Faced with a difficult diagnosis, Della Larsen turned to technology to ensure her voice continues to resonate for future generations. After being diagnosed with ALS, a progressive neurodegenerative disease, in April 2023, Larson embarked on a mission to preserve her voice for the grandchildren she would never meet. Embracing Technology for Heritage To achieve this, Larsen utilized voice banking technology, a groundbreaking tool that allows…
Bloomberg reported on the 7th that as interest in cryptocurrency surged following Donald Trump’s victory in the U.S. presidential election, cryptocurrency trading company Galaxy Digital recorded its biggest trading day of the year on November 5.“(O)ur franchises were fully operational, with trading, lending and derivatives desks with counterparties in the U.S. and abroad,” Galaxy CEO Michael Novogratz told Bloomberg.“It really felt like a validation of everything we’ve been working towards,” Novogratz said.Novogratz’s net worth rose about 15%, or about $600 million, to $4.6 billion as of Nov. 5, according to the Bloomberg Billionaires Index.Mike Novogratz’s Net Worth. Source: Bloombergrelevant: Impact…
Solana’s native token SOL (SOL) surged 22.5% from November 5 to November 7, hitting a seven-month high. The rally mirrored a broader altcoin rally, with Bitcoin (BTC) rising 17% to a new all-time high on November 7.Much of the bullish momentum can be attributed to President-elect Donald Trump’s victory in the US presidential election and Republicans’ control of the Senate, which suggests the possibility of more innovation-friendly regulation in the cryptocurrency sector.The increase in demand for SOL was accompanied by a surge in leveraged positions, with total open interest in Solana futures hitting an all-time high on November 7. Despite…
Rekt Raises $1.5 Million Seed Round with Angel and Community Support Following Sellout Success of Rekt Drinks – Chainwire housenewsroomRekt raises $1.5 million seed round with angel and community support following sell-out success of Rekt Drinks We use cookies to make Chainwire’s website a better experience. 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…