Although the asset appeared to be trading in a bullish pattern, it was also facing significant downward pressure. Market participants contributed to this trend by moving NEAR onto exchanges. Over the past month, NEAR has struggled on the charts, down 25%. Even in the last 24 hours, the altcoin lost another 2.80% of its value. However, despite this bearish momentum, a new bullish pattern suggested that the downtrend may be temporarily halted. The pressing question is whether bullish expectations can withstand continued selling pressure from market participants. NEAR shows bullish potential on the chart. On the daily time frame, NEAR…
Author: Crypto Flexs
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Ted Hisokawa November 5, 2024 07:39 The Hong Kong Academy of Finance has announced that recruitment has opened for its 2025 Finance Leaders Program, which provides nine months of transformational experience to emerging finance talent. The Hong Kong Academy of Finance (AoF) has officially opened applications for admission to the 2025 Financial Leaders Program (FLP), according to the Hong Kong Monetary Authority. The program, designed for emerging financial talent approximately two levels below the CEO, will begin in April 2025 and run part-time over nine months. Program Overview FLP has received positive feedback from…
This article is also available in Spanish. Ethereum is trading at critical demand levels after falling 11% from recent local highs. These declines have analysts and investors nervous. Losing this level could trigger an aggressive selloff and potentially push the price of ETH lower. However, amidst these concerns, prominent analyst Ali Martinez shared a bullish technical analysis, highlighting a strong risk-versus-reward setup on the Ethereum charts. According to Martinez, current levels provide an attractive entry point, suggesting that Ethereum could see a significant upside if it receives support. Related Reading The timing of this potential rebound is especially noteworthy with…
Bitcoin will rebound “above macro trends,” but new predictions only come in 2025.Keith Alan, co-founder of trading resource Material Indicators, saw in his latestBitcoin will beat “anything” macro trendBitcoin traders are bracing for volatility and surprising moves as US Election Day approaches, but some are already looking ahead to the results.For Alan, a Trump victory would trigger a “knee-jerk” reaction for BTC/USD, and the opposite would happen if the Democrats took power.He concluded that “Bitcoin will not create a new ATH before votes are counted” as one of four “assumptions” for short-term BTC price performance.Alan pointed out that various support…
A lawyer representing Elon Musk and his America PAC political action committee told a Pennsylvania judge on Nov. 4 that the recipients of his client’s daily $1 million “giveaway” were handpicked based on personal stories. The testimony, provided by Chris Gober, an attorney known for his work with the Republican Party, disputes the portrayal of the so-called sweepstakes as a lottery for voters. voter incentivesMusk announced a program in early October that would pay $1 million each day leading up to the election to one randomly registered voter in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin. But according…
Tony Kim November 5, 2024 06:43 a16z Crypto is investing $23 million in Fairshake PAC to help establish bipartisan cryptocurrency policies for the 2026 midterm elections and highlight the need for clear regulation. a16z Crypto’s Policy Commitments a16z Crypto, a venture capital fund known for its investments in cryptocurrency and web3 startups, announced a significant financial commitment to shape U.S. cryptocurrency policy. According to a16z crypto, the company is donating more than $23 million in additional funds to Fairshake and affiliated PACs during the 2026 midterm election cycle. Support bipartisan efforts The Fairshake organization…
Crypto leaders and Silicon Valley giants have boosted Fairshake’s funding for the 2026 US midterm elections even as the country prepares to elect its next president. According to CNBC, cryptocurrency super PAC Fairshake has raised $78 million from blockchain advocates and corporations to lobby for the 2026 midterms. The U.S. midterm elections, held in the second year of a president’s term, will decide many congressional seats and potentially favor digital asset regulation. Coinbase and Andreessen Horowitz are among the backers funding cryptocurrency advocates in Congress. Coinbase, the largest centralized cryptocurrency exchange in the United States, pledged to donate $25 million.…
Timothy Morano November 4, 2024 23:02 Anchorage Digital, Bullish, Galaxy Digital and others have launched the Global Dollar Network featuring the new stablecoin USDG, boosting stablecoin usage globally. According to Paxos, the Global Dollar Network, an open network aimed at accelerating stablecoin adoption globally, has been adopted by prominent fintech and digital asset leaders including Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood. This initiative aims to increase the use of stablecoins by providing a platform to support innovative financial solutions. Launch and Goals Announced in Singapore, the Global Dollar Network is…
An analyst who accurately predicted a market crash in 2022 says a major black swan event could crush altcoins ahead of the US election. Anonymous cryptocurrency analyst Capo wrote to his 105,000 subscribers on his Telegram channel that OTHERS, which tracks the market capitalization of all cryptocurrency assets excluding stablecoins and top 10 coins, could see a huge decline during the election. said. Capo wouldn’t predict exactly what the black swan event would be, but said it would be an optimal buying opportunity. “Quick update: As mentioned earlier, a number of factors can cause a black swan event before the…
The use of AI agents to create, promote, and trade cryptocurrencies has so far been largely theoretical.But with Terminal of Truths, an AI shitposter promoting Goateus Maximus, Luna bots encouraging users to engage, and foundational agents enabling quick and easy crypto agent creation on Ethereum L2, the future has suddenly become very real. Luna is streaming 24/7. (virtual protocol) These developments have brought a new wave of excitement to Crypto But the AI agent craze also has many pitfalls for younger players. Cryptocurrency exchange Coinbase is leading this trend by unveiling Based Agents, which allows users to create AI agents…