Bitcoin (BTC) surpassed $72,000 after Wall Street opened on October 29 as strength eroded from the final resistance level before hitting an all-time high.BTC/USD 1-hour chart. Source: TradingViewBitcoin Trader Consensus: “Goes Higher After Pullback”Data from Cointelegraph Markets Pro and TradingView showed BTC prices rising nearly 4% on the day.After consolidating through the Asian trading session, upward momentum in BTC/USD reemerged as bulls continued to keep pressure on sell liquidity.Commenting on the current move, Keith Alan, co-founder of trading resource Material Indicators, said buyers were now “evaluating significant moves”. “A move above $72,000 could send the bears into hibernation, but be…
Author: Crypto Flexs
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Crypto whales are accumulating tens of millions of dollars worth of Ethereum (ETH) rivals from the top two exchanges, according to on-chain data. Blockchain tracking company Lookonchain reported that three deep-pocketed investors suddenly accumulated around $35 million worth of Solana (SOL) from Binance and Kraken. “The whales are accumulating SOL! AA21… VxH9 has withdrawn and staked 153,511 SOL ($26.4 million) from Binance over the past 6 days (since October 27). EHax… gAUa has withdrawn and staked 35,498 SOL ($6.12 million) from Binance and Kraken over the past three days (starting October 27). EGzi… mR7g withdrew 13,000.8 SOL ($2.3 million) from…
Ramp Network now supports real-time MXN payments through the SPEI payment system. Users can sell cryptocurrency and receive funds into their bank account in less than 30 seconds. SPEI offers lower fees and operates 24/7, improving cryptocurrency-to-fiat trading in Mexico. Ramp Network, a leading financial technology company, announced the expansion of its cryptocurrency-to-fiat off-ramp support to include the Mexican Peso (MXN) through the SPEI payment system. This development will allow Mexican users to receive real-time payments directly into their local bank accounts, which are available 24/7. Ramp Network integrates SPEI. SPEI (Sistema de Pagos Electrónicos Interbancarios) is a powerful real-time…
Yorg Healer October 29, 2024 10:10 Binance announced the discontinuation of support for all BEP2 token deposits and withdrawals due to the closure of the BNB Beacon Chain. Users must take action before the deadline. Leading cryptocurrency exchange Binance will discontinue support for deposits and withdrawals of the BNB Beacon Chain (BEP2) in the coming weeks. This decision is consistent with the BNB Chain team’s plan to complete the shutdown of the BNB Beacon Chain by November 19, 2024, as reported by Binance. Key Deadlines for BEP2 Token Holders According to the announcement, Binance…
Toncoin sees an average of 500,000 new holders every day. Holder grew but struggled to remain profitable. Toncoin (TON) has seen impressive growth since its launch, and there are signs that it could eventually surpass Ethereum (ETH) in terms of number of holders. Latest data shows that the number of Toncoin holders is steadily increasing, suggesting that the number of Toncoin holders may surpass that of Toncoin holders by the end of the year. However, while the number of holders has increased rapidly, profitability has shown a downward trend, leading to mixed asset outlook. Toncoin holders increase rapidly According to…
Wang Long Chai October 29, 2024 11:10 Bitcoin is experiencing volatility due to geopolitical tensions, macroeconomic factors, and the upcoming US election. Market participants are bracing for potential price movements. Bitcoin (BTC) is currently navigating a period of significant volatility due to geopolitical tensions, macroeconomic factors, and increased speculation surrounding the upcoming US presidential election. Last week, Bitcoin suffered a sharp 6.2% correction before a subsequent recovery, highlighting the growing impact of the US election environment on cryptocurrency prices, according to Bitfinex Alpha. Market Dynamics and Election Impact The correlation between former President Donald…
Solana began its steady rise above the $165 resistance zone. SOL price is trading above $175 and targeting further profits above $185. SOL price is showing positive signs at the $165 support zone against the US dollar. The price is currently trading above $172 and the 100-hour simple moving average. On the hourly chart of the SOL/USD pair (data source from Kraken), a breakout occurred above the main bearish trend line with resistance at $177. A break above the $182 resistance could provide bullish momentum to retest $200. Solana Price looks for more upside Solana price formed a base above…
The developers of the AI-powered At 1:50 AM UTC on October 29, Ayrey’s Valuation: $25 million. A now-deleted tweet from Ayrey’s account promoting IB tokens. Source: XHowever, according to data from Descreener, the wallet responsible for token distribution purchased 124.6 million IB for $38,400 at launch and sold its entire holding within 45 minutes for a profit of $602,500.The value of fake IB tokens soared to a high of $25 million. Source: Dexscreener.Ayrey’s account was still compromised at the time of publication, with hackers making several additional posts about the launch of a new memecoin and sharing a link to…
According to one analyst, Bitcoin needs a stronger breakout to secure “a multi-month upward trend.”In his latest X content on October 29, trader and former fund manager Aksel Kibar warned against overly optimistic BTC price sentiment.Kibar: BTC price resistance expected in OctoberBitcoin (BTC) may be attacking resistance near its all-time highs, but for some, BTC/USD remains compelling.The strength of the market has already made traders unaware of the risks, Kibar says.“Everyone is trying to force their position through analysis,” he said, posting monthly charts. “The market is not interested in our analysis or positions. You go to the line and…
This article is also available in Spanish. Despite the recent price decline of Neiro (NEIRO), analysts and investors appear to be optimistic about Memecoin. Some market observers have noted the cryptocurrency’s potential and suggested levels to watch ahead of the next bull rally. Related Reading Neiro confirmed the weekly adjustment of 10%. Neiro made headlines three months ago after becoming an overnight sensation on the Ethereum network. Memecoin is inspired by Dogecoin’s inspired sister, Kabosu. The cryptocurrency posted an impressive performance during October, rising 30% month-to-date (MTD). Moreover, the token has shown an impressive rise towards its all-time high (ATH)…