An RSI result of 56 indicates that UNI is trading below overbought territory. At press time, 67.63% of Binance’s top UNI traders hold buy positions, while 32.37% hold sell positions. Uniswap’s native token, UNI, has broken out of a bullish price pattern as the larger cryptocurrency market rebounds overall. This signaled a potential upward move, with this breakout occurring after a prolonged period of difficulties faced by the asset since December 2024. Uniswap (UNI) technical analysis According to technical analysis by AMBCrypto, UNI broke out of its descending triangle pattern on the daily time frame and reached the $15.20 resistance…
Author: Crypto Flexs
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Caroline Bishop January 17, 2025 07:10 BitMEX has launched FTR/USDT trading, giving users the chance to win 1 million FTR tokens. Learn more about this latest addition. Leading cryptocurrency exchange BitMEX has announced that it will begin trading FTR/USDT on its platform starting January 17, 2025. This new addition allows users to deposit, purchase, and trade FTR tokens linked to the Fautor Foundation. To BitMEX. FTR Trading Opportunity The introduction of FTR trading on BitMEX Spot is part of the exchange’s strategy to expand its cryptocurrency offerings. Users can now participate in the FTR/USDT…
Dogecoin (DOGE) price rose 10% on January 17 to form a higher value of $0.42 on the 1-day chart. A candle closing above $0.40 signals a strong trend reversal for memecoin, which has been consolidating between $0.45 and $0.30 since November 11th. Dogecoin 1 day chart. Source: Cointelegraph/TradingViewWith cryptocurrency markets gaining steam ahead of President-elect Donald Trump’s return to the White House, traders are expecting another offensive against DOGE next week.DOGE is the most powerful “dino” coin after Bitcoin and XRP.Cryptocurrency trader and investor Daan Crypto emphasized that DOGE’s recent price breakout was the result of two accumulation periods between…
Wang Long Chai January 17, 2025 07:36 Ethereum developers gathered at ACDE Call #203, chaired by Tim Beiko, to discuss updates to Pectra Devnet 5, gas limit testing, and RPC standardization. On January 16, 2025, Ethereum protocol developers gathered virtually for All Core Developers Execution (ACDE) Call #203, chaired by Tim Beiko of the Ethereum Foundation. According to galaxy.com, the biweekly meeting is an important platform for developers to discuss and coordinate changes to the Ethereum execution layer, a core component of the blockchain ecosystem. Pectra Devnet 5 released The meeting began with a…
The animation industry is booming and is expected to grow to $60 billion by 2030. However, despite its immense popularity, the AnimeCoin Foundation sees a significant opportunity to leverage fans who still remain passive consumers of the art form.To build an open and decentralized world of anime, the AnimeCoin Foundation is launching ANIME, a token designed to better align incentives between creators and fans of the genre. Here’s everything you need to know about ANIME ahead of its release scheduled for later this month. What is Animation?ANIME is described as a “cultural coin” dropping on the Ethereum and Arbitrum layer-2…
In today’s rapidly evolving financial environment, trading platforms play a pivotal role in helping traders navigate complex markets. Among these platforms, LuxanPros.com It is emerging as a competitor that offers a suite of tools and resources for trading forex, cryptocurrencies, and other financial products. This article explores the platform’s features, benefits, and potential drawbacks to provide a comprehensive understanding for traders considering LuxanPros.com.introduction LuxanPros.comLuxanPros.com It positions itself as a professional-grade trading platform designed for both beginners and experienced traders. The platform claims to offer cutting-edge tools, seamless navigation, and a robust trading ecosystem. While these promises seem attractive, it is…
james ding January 18, 2025 01:40 BounceBit partners with Elliptic to leverage advanced blockchain analytics and AML solutions to enhance compliance and security across the ecosystem. BounceBit announced a strategic partnership with Elliptic, a leader in blockchain analytics and compliance solutions. According to BounceBit, the purpose of this collaboration is to strengthen the security and compliance of the BounceBit ecosystem, including Real World Assets (RWA), CeDeFi products, and BounceBit Chain. Strengthening compliance standards In a dynamic digital asset environment, regulatory compliance is critical to building trust and sustainability. BounceBit’s integration of Elliptic’s advanced blockchain…
Zurich, Switzerland, January 17, 2025, ChainwireHyperbridge extends token offering deadline, sets token creation event for Q1 2025Following the successful launch of the mainnet and gateway token bridge, Hyperbridge has announced an extension of the Initial Relay Offering (IRO) deadline to February 28, 2025. This decision was made in response to overwhelming demand for over 52 million of the total 100 tokens. One million supplies have already been sold.This expansion offers potential participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this expansion provides a final outlet for supporters…
Blockchain tracking company Lookonchain has revealed that one skilled cryptocurrency trader generated astronomical profits on artificial intelligence (AI)-related digital assets in less than three months. According to Lookonchain, an anonymous trader made massive profits after purchasing 8.5 million utility tokens for aixbt by Virtuals (AIXBT), a cryptocurrency market intelligence platform built by AI agent project Virtuals Protocol. Lookinchain says: “(The trader) spent $166,000 to purchase 8.5 million AIXBT ($7.7 million), resulting in an unrealized profit of $7.5 million.” AIXBT is trading at $0.841 at the time of this writing, up 35 times since November 3. Traders are also expecting huge…
Tony Kim January 17, 2025 08:20 The raw materials sector is expected to grow in 2025 on the back of improving global dynamics, following a resilient performance in 2024 despite facing significant challenges. Commodities markets are preparing for a promising 2025, thanks to the resilient performance of 2024 despite numerous challenges. The natural resources sector showed remarkable strength last year, setting the stage for potential growth as global economic conditions improve, according to VanEck. Resilience in 2024 In 2024, commodity markets face a variety of challenges, including geopolitical tensions, demand fluctuations, and supply chain…