Cryptocurrency markets witnessed notable inflows during Friday’s US market session as Bitcoin anticipated another attempt at $100,000. Most major altcoins, including: XRP price is showing strength above the $1.63 resistance, suggesting further upside potential.The current Ripple cryptocurrency price is trading at $1.68, up 1.4% intraday. According to Coinmarketcap, XRP’s market capitalization is $96 billion, overtaking BNB coin and taking the position of the fifth-largest cryptocurrency. A breakout of the XRP price in a pennant pattern signals a possible rise to $2. The Fibonacci extension tool highlights key resistance levels in $. Derivatives market data shows investor confidence in a long-term…
Author: Crypto Flexs
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The cryptocurrency market is famous for its explosive growth. For example, coins like Dogecoin come from humble beginnings. Its market capitalization stands at a whopping $62 billion (at the time of writing). A more recent example is the success of PEPE, which captured the attention of meme coin enthusiasts. This success demonstrates the enormous potential of digital assets to deliver astronomical returns. While these meme coins are generating interest, more and more smart investors are turning their attention to another kind of innovation: 1FUEL, the next-generation cryptocurrency wallet that will transform asset management in the blockchain space. Market Evolution: From…
Darius Varu November 25, 2024 08:57 Binance plans to expand its European-style options offering by launching BNBUSDT and SOLUSDT monthly options on November 26, 2024. In a strategic move to expand its offerings in the options trading market, Binance announced the launch of BNBUSDT and SOLUSDT monthly options starting November 26, 2024 at 08:00 UTC. According to Binance, this development forms part of a broader initiative to improve the diversity of financial products available to traders. European Option Contract The new option contracts can only be exercised on a European basis, i.e. on the…
Have you ever wondered how cryptocurrencies like Bitcoin work? The answer lies in blockchain technology. Although blockchain is often associated with digital currencies, it has applications beyond that, revolutionizing industries from finance to supply chain. In this article, we will find out what blockchain technology is, how it works, and why it is becoming increasingly important in today’s world.What is blockchain technology?Blockchain DefinitionBasically, blockchain is a decentralized distributed ledger technology that records transactions across multiple computers in a secure and transparent manner. The term blockchain comes from the structure of the technology. Data is stored in blocks, and each block…
Memereum improves accessibility with new payment methods as community engagement grows – Chainwire housenewsroomMemereum improves accessibility with new payment methods as community participation grows. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic…
Top news of the week Dogecoin flips Porsche market cap as DOGE ETP, Musk drives rally. Dogecoin has surpassed the market capitalization of luxury car manufacturer Porsche, thanks to Elon Musk’s approval and the potential launch of an exchange-traded product on memecoin. According to Cointelegraph data, as of 8:34 a.m. UTC on November 27, Dogecoin had a market capitalization of $57.8 billion, up 175% over the past month, surpassing Porsche’s market capitalization of $56.1 billion. Dogecoin has gained significant momentum in 2024, thanks in part to continued social media endorsements from billionaire Elon Musk. Musk’s recent involvement in creating the…
One closely watched cryptocurrency analyst said one catalyst could send altcoin markets soaring for months. An analyst known by the pseudonym Rekt Capital told his 100,000 YouTube subscribers that “the next few months will be life-changing” if Ethereum (ETH) breaks through key resistance levels. “The exodus will enable massive inflows into smaller altcoins. And Ethereum hitting a new all-time high would be a major catalyst on the technical side for all other altcoins to rally quite substantially.” According to traders, ETH would need to break $4,000 to trigger a major altcoin rally. “It was the weekly close and successful retest…
Jessie A. Ellis November 25, 2024 09:09 AI researcher and language artist Sasha Stiles explores the innovative convergence of poetry and artificial intelligence using new media, including blockchain, for creative expression. AI researcher and language artist Sasha Stiles is meticulously exploring the convergence of poetry and artificial intelligence. According to a16z crypto, this innovative fusion is not only about AI writing poetry, but also creating poets themselves. AI for creative expression Sasha Stiles is at the forefront of combining AI and art, examining how these technologies can redefine creative expression. Her work involves leveraging…
Jupiter may soon form another bullish flag pattern on your chart. The token may face a liquidation barrier near the $1.2 level. Jupiter (JUP) The charts have been consolidating for several days with fairly minimal price movements. However, there may be more to the story here as the altcoin quietly rises above another bullish pattern. Could this be the trigger that pushes the token to $2 in the future? Jupiter’s Secret Plan Thanks to the recent consolidation of cryptocurrencies, reduced volatility has had a negative impact on social indicators. In fact, the token’s weighted sentiment has declined sharply. This is…
Rebecca Moen November 25, 2024 10:18 Binance will enforce mandatory self-transaction prevention (STP) for all futures users on December 10, 2024, strengthening trading integrity and compliance. Binance, a leading cryptocurrency exchange, will strengthen its trading platform by extending its Self-Trading Protection (STP) feature to all users of Binance Futures. According to Binance, this update, which will take effect starting December 10, 2024, follows positive community feedback and aims to improve transaction integrity and compliance. STP feature details The STP feature is designed to prevent unintentional self-transactions, which can lead to unnecessary transaction fees and…