As the Bitcoin market continues to experience the surge in sales that began in mid-October, recent on-chain data paints a somewhat optimistic picture for the future of the cryptocurrency. The question is: is Bitcoin at the bottom? Is a BTC price reversal imminent? In a recent Quicktake post on the CryptoQuant platform, anonymous cryptocurrency expert Sunny Mom shared that a bottom could be just around the corner for the Bitcoin price. Sunny Mom’s post was based on four on-chain metrics that examine the behavior of Bitcoin market participants. The first is the Futures Taker CVD (Cumulative Volume Delta, 90 Days)…
Author: Crypto Flexs
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Aayush Jindal is a financial market expert with over 15 years of exceptional expertise in Forex and Cryptocurrency trading. Known for his excellence in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors across the world, guiding them through the complex landscape of modern finance through keen insight and astute chart analysis. From an early age, Aayush showed a natural talent for deciphering complex systems and unraveling patterns. Driven by his insatiable curiosity to understand market dynamics, he embarked on a journey that would lead him to become a leading authority on forex and cryptocurrency…
Assets moved included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). In September 2023, Balancer suffered a phishing attack and lost approximately $238,000. A separate August exploit resulted in the loss of nearly $1 million after a vulnerability was discovered in Balancer’s liquidity pool. Balancer, one of Ethereum’s leading decentralized exchanges, has once again come under scrutiny due to suspected exploits involving approximately $70 million worth of digital assets. The incident has reignited debate about the security of decentralized finance (DeFi), where transparency and automation often coexist with serious structural vulnerabilities. It also shows how core DeFi…
Tempo is investing $25 million in Commonware to accelerate its unique approach to blockchain architecture. The startup aims to provide individual, remixable building blocks so teams can build custom stacks without having to start from scratch. summation Tempo is leading a $25 million investment in blockchain infrastructure startup Commonware to accelerate modular network development. Through this partnership, Tempo will improve payment system performance by integrating Commonware’s open source primitives for consensus, networking, and storage. Payments-focused blockchain Tempo is leading a $25 million strategic investment in infrastructure startup Commonware, according to a November 7 announcement. Beyond capital, Tempo will integrate the…
join us telegram A channel to stay up to date on breaking news coverage A Spanish research institute plans to cash out its forgotten $10,000 Bitcoin purchase from 2012. This jumped from 1,000x to $10 million. The Institute for Technology and Renewable Energy (ITER), run by the island council of Tenerife, reportedly acquired 97 BTC as part of a blockchain research project a decade ago. no way report by Spanish newspaper. Juan José Martínez of Tenerife’s Innovation Council said the council was currently finalizing sales plans with approved Spanish financial institutions. Proceeds will fund new ITER research, including research into…
In short Bitcoin is down 20% from its peak and needs a 10% bounce to break even for the quarter. Analysts cite U.S.-China tensions, lockdown risks and reduced liquidity as drivers of the range-bound trading. A positive finish will depend on inflation, liquidity, potential interest rate cuts and steady ETF inflows. Bitcoin remains in a sideways trend following its recent selloff, and market participants are debating whether Bitcoin can overcome significant headwinds to finish the year strong.Despite the volatility and market downturn, experts remain optimistic and expect Bitcoin to end the fourth quarter on a positive note. But that prospect…
Morpho went into a brief outage on November 6th, affecting indexers, backend systems, and app UI. Core loan/advance remained online, but users had difficulty loading dashboards and real-time data. The backend and indexer will be restored, but the frontend rendering will still be broken. As bears thrive amid widespread market indecision, decentralized lending protocol Morpho suffered a temporary service outage today, November 6th. According to the project status page, this event impacted support systems, indexer performance, and application rendering, blocking user access to key functionality. Although the outage has not disrupted critical lending activity, Morpho users are experiencing difficulties viewing…
Recent market movements and expert insights suggest that the current decline in Bitcoin price may be setting the stage for a significant bullish phase in the cryptocurrency market. Despite macroeconomic tensions and geopolitical concerns pushing Bitcoin below $100,000, influential figures in the cryptocurrency industry remain optimistic about the asset’s long-term potential and future rebound.Bitcoin recently fell below $100,000, sparking discussion of an imminent market move.Cryptocurrency industry insiders remain optimistic despite the current price correction.Market sentiment remains cautious with indicators indicating “extreme fear” among traders.Leading voices are highlighting that seasoned investors are not selling and hinting at the possibility of a…
Decentralized finance markets faced turbulence as Aave’s token plunged more than 6% this weekend amid conflicting rumors about its relationship with World Liberty Financial, a DeFi project linked to President Donald Trump’s family. The decline comes shortly after World Liberty Financial’s token, WLFI, debuted in perpetual futures trading at a valuation that suggests a whopping market capitalization of $40 billion. Rumors leading to sale of Aave Aave’s decline is due to speculation surrounding a governance proposal dating back to October 2024. The proposal states that Aave will hold 7% of the circulating supply of WLFI and that 20% of…
Ethereum price began a new downward trend below $3,550. ETH is struggling below $3,400 and could fall further if it stays below $3,500. Ethereum began another downward trend after failing to clear $3,650. The price is trading below $3,500 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a bearish trendline forming at resistance $3,450. The pair could continue to fall if it trades below $3,200. Ethereum price plummets Ethereum price failed to remain in positive territory and, like Bitcoin, began a new downward trend below $3,550. ETH price fell below $3,500 and…