Dogecoin is consolidating gains above the $0.380 resistance against the US dollar. DOGE holds on to gains and is eyeing further upside above $0.400. DOGE price started a new rise above the $0.3750 resistance level. The price is trading above the $0.3800 level and the 100-hour simple moving average. On the hourly chart of the DOGE/USD pair (data source from Kraken), a breakout occurred above the short-term contraction triangle with resistance at $0.390. The price may continue to rise if it breaks the $0.400 and $0.4080 resistance levels. Dogecoin price sees more upside Dogecoin price has remained above the $0.350…
Author: Crypto Flexs
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Bitcoin (BTC) faced a serious challenge of breaking the $100,000 mark on November 22, with $300 million of selling liquidity blocked.BTC/USD 1-hour chart. Source: TradingViewBTC price rejected near $100,000.BTC prices continued to decline at the opening bell on Wall Street, according to data from Cointelegraph Markets Pro and TradingView.BTC/USD fell to a local low below $97,300 and is down about 1.2% on the day at the time of this writing.Earlier, the journey towards the key six-figure mark ended in defeat as sellers lined up to prevent the BTC price from going higher. This is a general characteristic of Bitcoin at…
Cryptocurrency options trading is a great way to trade cryptocurrencies and earn exponential profits. Whether you’re new to it or looking to improve your skills, this blog will cover simple strategies to help you make more money. We will look at cryptocurrency options strategies and how to profit from them and talk about cryptocurrency options trading on platforms like Delta Exchange India.What is Cryptocurrency Options Trading?Cryptocurrency options trading allows you to buy or sell cryptocurrencies at a set price within a specific time period. You can buy call options (if you expect the price to rise) or put options (if…
Tony Kim November 21, 2024 23:32 NVIDIA JetPack 6.1 introduces important improvements, including a 40% reduction in CPU usage for camera applications and improved security through firmware TPM support. According to NVIDIA’s official blog, NVIDIA’s latest release, JetPack 6.1, significantly improves the performance and security of the Jetson platform. This update introduces a number of features designed to optimize the experience of developers using edge AI and robotics applications. Improved camera stack A standout feature of JetPack 6.1 is the improved Argus camera stack, which can reduce CPU usage in camera applications by up…
Analyst and trader Ali Martinez is bullish on one large cryptocurrency asset, providing insight into Bitcoin (BTC) and two altcoins. Martinez told his 85,900 followers on social media platform “BNB may collapse soon. We await a weekly close above $662 for a potential rally to $1,630!” Source: Ali Martinez/X BNB is trading at $617 at the time of this writing. Next is Bitcoin. According to Martinez, Bitcoin’s current price action appears to reflect the third halving cycle, with the Relative Strength Index (RSI), an indicator used to determine overbought or oversold conditions, looking “almost identical.” “If true, BTC would go…
james ding November 22, 2024 08:33 BitMEX has introduced a new perpetual swap listing for CHILLGUYUSDT, giving traders the opportunity to leverage up to 50x this TikTok-inspired memecoin. BitMEX, a leading cryptocurrency derivatives exchange, announced a new perpetual swap listing for CHILLGUYUSDT, a TikTok-inspired memecoin. According to BitMEX, starting November 22, 2024, traders will now be able to engage in long or short positions on CHILLGUY with leverage options extended up to 50x. CHILLGUYUSDT: New Trading Opportunities The CHILLGUYUSDT perpetual swap began at 04:00 UTC, giving traders the opportunity to speculate on the price…
Solana whales recently purchased 100K SOL worth $23.86M. Solana recorded stablecoin inflows of $311 million in the last 24 hours, its largest ever. Solana (SOL) held the $230 support level, up 2.01% over the last 24 hours. This follows increased volatility as Bitcoin hit an all-time high of $99,000. Meanwhile, Solana’s 24-hour trading volume surged 9.41%, reaching $7.31 billion. Analysts are expecting further strength in ‘Pumpcember’, but questions remain: can do Solana Is the $400 price achievable? Solana Whale Staking Continues According to blockchain analytics platform Lookonchain, Whale recently purchased 100K SOL worth $23.86 million and staked it within two…
just alvin November 22, 2024 08:48 A16z Cryptocurrency explores the potential of prediction markets and their impact on blockchain technology, AI and governance through insights from leading experts. Prediction markets have been receiving significant attention recently due to their role in recent election cycles, according to a16z crypto. These markets for aggregating information and predicting outcomes have sparked debate about their effectiveness compared to traditional polling methods. Understanding Prediction Markets Prediction markets serve as platforms where individuals can bet on the outcome of future events, such as elections or economic trends. The collective wisdom…
Solana finally broke its all-time high on November 22, two years after the FTX exchange collapsed and slashed the price of its layer-1 blockchain token. According to TradingView, the price of Solana (SOL) hit $264.31 on Coinbase on November 22nd. This move follows an impressive 11% gain over the last 24 hours.SOL has been one of the best-performing altcoins this year, with gains of 160% since the start of 2024. The asset fell to cycle lows below $10 in December 2022 following the collapse of former FTX CEO Sam Bankman-Fried’s cryptocurrency empire. SOL/USD on Coinbase. Source: TradingViewMomentum for the asset…
Data shows that indices related to Ethereum derivatives have surged recently, a sign that the price is at risk of experiencing a storm of instability. Recently, both Ethereum open interest and leverage ratio have soared. In a CryptoQuant Quicktake post, one analyst discussed the trends in Ethereum derivatives indicators. The metrics in question are open interest and expected leverage ratio. First, open interest tracks the total amount of ETH-related contracts currently open across all derivatives platforms. This indicator naturally takes into account both long and short positions. When the value of this indicator rises, it means that investors are taking…