Bitcoin (BTC) erased losses at the Wall Street open on October 24 as US unemployment data delivered another surprise.BTC/USD 1-hour chart. Source: TradingViewBTC price continues to rebound amid US unemployment claimsBTC price rose 1.5% on the day, according to data from Cointelegraph Markets Pro and TradingView.Initial unemployment claims fell below expectations for the second week in a row at 227,000, compared to 241,000 on Oct. 17, following a solid rebound from a 10-day low of $65,000.Bets that the Federal Reserve will cut interest rates again at its Nov. 7 meeting have increased slightly to 92.9%, according to data from CME…
Author: Crypto Flexs
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Chainlink (LINK) and Toncoin (TON) have lost all bullish momentum as the cryptocurrency market faces yet another unpredictable change. While the prices of these top altcoins are slowing significantly, one DeFi project, DTX Exchange (DTX), is gaining attention. Many smart investors are already participating in DTX Exchange’s ongoing presale, which has seen DTX coin rise 300%. The project has also raised over $5.8 million in funding and is listed on CoinMarketCap.DTX Exchange (DTX) is listed on CoinMarketCap and ready for price appreciation.DTX Exchange (DTX) is one of the top cryptocurrencies that has recently shown strength after being listed on CoinMarketCap.…
Worldcoin was trading in a bullish environment with market activity increasing buying pressure. The impending formation of a golden cross along with supportive market indicators further strengthens the outlook. With a gain of 31.74% over the past month, Worldcoin (WLD) is well-positioned to continue its upward trend. The recent 0.35% gain is consistent with the fundamentals of a symmetrical bullish pattern, setting the stage for a potential breakout and significant upward move. WLD is preparing for big changes. On the 4-hour chart, Worldcoin was trading within a symmetrical triangle at press time and has recently rebounded from the channel’s support…
Iris Coleman October 25, 2024 01:41 Celestia announced the Ginger upgrade, increasing data throughput and reducing block times. Key changes include adoption of BBR and new CIPs to improve network performance. Celestia is introducing the Ginger upgrade, which will deliver significant advancements in blockchain technology with improved data availability and transaction speeds. Following the Lemongrass upgrade in September, this new iteration, celestia-app v3, doubles data throughput by reducing block time from 12 seconds to 6 seconds, improving user experience with faster transaction finality. Key Features of the Ginger Upgrade The Ginger upgrade, which is…
Concerns over India Bitcoin and cryptocurrency ban resurface Indian regulators are reportedly reconsidering a ban on cryptocurrencies. According to local media outlet Hindustan Times, the government has been consulting with experts who support a ban on cryptocurrencies in support of central bank digital currencies (CBDCs). The news outlet, citing two anonymous sources familiar with the matter, reported the consensus view that the risks of cryptocurrencies outweigh the benefits. One of the anonymous sources stated that CBDCs can do “everything that cryptocurrencies can do” and offer many more benefits. Cryptocurrencies have been promoted as a potential alternative to centralized currencies such…
Concerns over India Bitcoin and cryptocurrency ban resurface Indian regulators are reportedly reconsidering a ban on cryptocurrencies. According to local media outlet Hindustan Times, the government has been consulting with experts who support a ban on cryptocurrencies in support of central bank digital currencies (CBDCs). The news outlet, citing two anonymous sources familiar with the matter, reported the consensus view that the risks of cryptocurrencies outweigh the benefits. One of the anonymous sources stated that CBDCs can do “everything that cryptocurrencies can do” and offer many more benefits. Cryptocurrencies have been promoted as a potential alternative to centralized currencies such…
Bitcoin price tested the $65,200 area before beginning an upward trend. BTC is currently rising and targeting more upside above the $67,500 resistance level. Bitcoin extended losses and tested the $65,200 area. The price is trading below $67,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $66,800. A break above the $67,500 resistance area could provide bullish momentum. Bitcoin price begins a new rise Bitcoin price extended its downward correction below the $66,500 level. It moved below the $66,000…
Día de los Muertos (Day of the Dead) is the day of the year when a party is held and all deceased relatives decide to attend. Forget the spooky atmosphere. It’s about setting up an altar with sugar skulls, marigolds, and enough food to make your grandmother’s ghost proud. Families visit cemeteries, tell jokes, share memories and basically try to bribe the souls into staying for a laugh or two before they disappear into the afterlife. No Ouija board required. The release of Día de los Muertos may get lost in the noise of Halloween spookiness, but it’s definitely a…
Caroline Bishop October 24, 2024 17:00 The integration of cryptocurrency and AI promises revolutionary change in the digital economy by improving accessibility and transparency and paving the way for an ‘Agentic Web’. The convergence of cryptocurrency and artificial intelligence (AI) is poised to revolutionize the digital landscape. Because blockchain technology provides new avenues for AI to improve accessibility, transparency, and expand use cases. According to Parallel_xyz, this integration promises to reshape the way humans and machines interact with the digital economy. Emergence of ‘Agent Web’ A significant development in this integration is the emergence…
Market momentum remains with meme coins, with niche market capitalization increasing by 21%. PEPE tokens are what makes Shiba Inu flipping social media buzz, LunarCrush estimates. Shiba crypto’s rebound strength will depend on retail interest, analyst says Social media is buzzing with cryptocurrency investors looking for a lucrative entry point as Bitcoin (BTC) briefly plunges below $66,000 and the broader cryptocurrency market faces a 1% decline. According to LunarCrush’s social metrics, the three most talked about meme coins right now are Dogecoin (DOGE), Pepe (PEPE), and Shiba Inu (SHIB). Meme coins fight for territory Interactions around DOGE have surged to…