A widely respected cryptocurrency trader is bullish on the small-cap memecoin built on the Solana (SOL) blockchain. Alien trader Bluntz tells his 288,100 followers on social media platform According to Bluntz, MOODENG is also showing a strong differential on a 4-hour basis. A bullish divergence occurs when an asset’s price makes lower lows while simultaneously seeing higher lows in an oscillator indicator, such as the Relative Strength Index (RSI). Source: Bluntz/X As of this writing, MOODENG is trading at $0.161, up 10.38 times from its September 20 low of $0.0155. Bluntz says: “I think MOODENG, with a market capitalization of…
Author: Crypto Flexs
Read More
Ethereum has risen more than 9% in the past 24 hours, reaching a 13-week high of $2,880 on November 7. As this happened, the Ethereum whale, which had been holding more than 11,000 ETH since 2016, appeared to make huge profits.The whale purchased 11,000 ETH at $3.46.In February 2016, Ethereum was trading between $2.10 and $6.60 per token. At the time, Lookonchain reported, the address added 11,005 ETH to cryptocurrency exchange ShapeShift. The on-chain smart money tracker revealed that tokens were acquired for $3.46 each, for a total cost of $38,000.Traders have moved millions of dollars in ETH after 8…
Shiba Inu has a bullish structure, but remains below the 5-month resistance line. Daily RSI also showed upward momentum. Shiba Inu (SHIB) was trapped below the resistance zone in the $0.0000205 area. Based on previous analysis, Shiba Inu maintained a bullish outlook after breaking a descending wedge pattern. Buying pressure on SHIB is slowly increasing. A break above the highlighted 5-month resistance would indicate a strong bullish move. Shiba Inu price prediction, will it rise by at least 40% in the future? Source: SHIB/USDT on TradingView In late February and early March, Shiba Inu prices rose 389% in 10 days.…
Binance Futures announced the launch of the USDⓈ margin 1000000MOGUSDT perpetual contract with up to 75x leverage, improving trading options for users. (Read more)
With the holidays quickly approaching, now is the perfect time to get a head start on your Thanksgiving and holiday planning. From inviting family to preparing meals, planning early can help make the holiday season stress-free. Is there an easy way to get started? Use cryptocurrency to buy gift cards for Uber, DoorDash, and Instacart! These gift cards can help make Thanksgiving week easier. Tasks like last-minute grocery shopping or arranging a ride for the family can be easily handled, so you can focus on what matters most.Simplify seasonal shopping with cryptocurrency gift cards for cozy home updates, delicious dining…
Some decentralized finance (DeFi) tokens are up more than 30%, according to one industry analyst, as traders expect the incoming Donald Trump administration to strengthen the “investment appeal” of holding “utility” tokens.Uniswap (UNI) was one of the biggest winners, up more than 35% over November 6-7 to hit a local high of $9.58, followed by Lido DAO (LDO), Ethena (ENA), Aave (AAVE) and Maker (MKR). has risen. From local trough to high, it’s well over 20%, according to CoinGecko data.“Until recently, DeFi tokens were labeled as ‘useless governance tokens’ that provided no value other than voting on protocol changes through…
Iris Coleman November 7, 2024 06:44 Binance plans to launch SOLUSDT daily and weekly options on November 12, 2024, providing users with new trading opportunities. These European options offer advanced trading strategies. Binance, a leading cryptocurrency exchange, announced the imminent launch of SOLUSDT daily and weekly options on November 12, 2024 at 08:00 UTC. According to Binance, this strategic introduction aims to enhance trading opportunities for users by offering European-style options contracts. Features of SOLUSDT Options SOLUSDT daily and weekly options are offered as European options and can only be exercised upon expiration. These…
Solana has overtaken BNB in market capitalization. The price of SOL rose 17%. Trump favored cryptocurrency assets. The shocking Trump landslide is reverberating throughout the cryptocurrency landscape. With Bitcoin hitting record highs, many altcoins are seeing double-digit gains. Solana is one of them, with its stock price soaring more than 17% following the election news. Following the election, Solana surpassed BNB to become the fourth largest cryptocurrency asset. Experts believe Solana is one of the biggest potential beneficiaries of Trump’s favorable stance on cryptocurrencies. Why Solana ranked 4th after the electionSolana gained momentum after former Republican President Donald Trump won…
Bitcoin (BTC) consolidated at $75,000 on November 7 as markets geared up for a new US macro event.BTC/USD 1-hour chart. Source: TradingViewBitcoin Trader Sees “Fundamental Market Shift”BTC price action hit a new record high of $76,480 on Bitstamp before a slight decline, data from Cointelegraph Markets Pro and TradingView showed.BTC/USD continues to enjoy strong demand as the US presidential election wraps up.Popular trader Skew, in his latest analysis of“Strong spot flows today have pushed prices higher with a new ATH and multi-month supply zone ($73,000) and further signs of major changes occurring in the underlying markets,” he wrote.“The fundamental market…
The U.S. Securities and Exchange Commission (SEC) has filed a motion in the U.S. District Court for the Northern District of California to dismiss key defenses presented by Kraken in the ongoing legal dispute between the two.Regulators argued that Kraken received fair notice in advance when it charged the exchange last year with violating securities laws by offering cryptocurrency assets as “investment contracts.” work out Filed on Tuesday.The timing of the SEC’s motion, filed on Election Day, prompted criticism from Kraken’s legal team, which saw it as a tactic to avoid “findings about the SEC’s flawed and inconsistent policies.”The agency…