Bitcoin price is rebounding above $72,000. BTC is up more than 5% and could soon target a new all-time high above $73,500. Bitcoin began a new rally above the $70,000 area. The price is trading above $70,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bullish trendline attached with support at $69,000. The pair is surging and may break above the $73,500 resistance zone or even hit a new all-time high. Bitcoin price still maintains an upward trend Bitcoin price remained strong above the $70,000 level. BTC formed a…
Author: Crypto Flexs
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The cryptocurrency strategist, who continues to build a following through timely altcoin calls, believes that one memecoin is poised to witness a major upside. Alien analyst Bluntz told his 289,900 followers on social media platform Bluntz notes that dogwifhat is sending several bullish signals for Solana (WIF/SOL), indicating that the memecoin is preparing for a big reversal. “SOL is currently leading the market and WIF/SOL is bottoming out. On the 4-hour chart (chart), there are 5 major declines and significant divergence. With SOL looking insanely optimistic, it looks like WIF is about to turn mental. “My bags are all packed.”…
lawrence jenga October 30, 2024 02:29 Bitwise CIO Matt Hougan discusses the significant impact of cryptocurrencies on the success of Polymarket, the world’s largest prediction market. Cryptocurrency’s influence on the mainstream financial system continues to expand, and Polymarket stands as evidence of this trend. According to Bitwise Investments, Bitwise Chief Investment Officer Matt Hougan highlights how the world’s leading prediction market has achieved much of the success in the cryptocurrency sector. The Role of Cryptocurrencies in Prediction Markets Polymarket, a platform that allows users to bet on the outcome of future events, has seen…
A new bullish price target has been set. that shiba inu priceAn analyst has revealed a key trigger that could push this top meme coin to $0.000081 levels. this Optimistic price prediction This indicates the potential for a major rally following the significant gains Shiba Inu has experienced recently. Path to Shiba Inu Price $0.000081 Javon Marks, a popular cryptocurrency analyst, visited X (formerly Twitter) on October 28th and said: announce Shiba Inu, the second largest meme coin by market capitalization, is currently breakthrough stage. Several bullish patterns have already been discovered, suggesting that SHIB is gearing up for another…
SANTOS Crypto Secures Binance Futures Listing The token price rose to a seven-month high following the announcement, but risks remain. Investor enthusiasm for Santos FC Fan Token (SANTOS) surged on October 28, recording an intraday gain of over 100% following the announcement of a major listing. Binance Expanded futures trading options. launching SANTOSUSDT perpetual contract on Binance Futures offers up to 75x leverage. This was activated by providing token holders with a new avenue for trading. For those unfamiliar, Santos Tokens are fan tokens for Brazilian soccer club Santos FC. It was created in collaboration with Binance’s Fan Token platform.…
Peter Jang October 29, 2024 18:50 dYdX has announced a 35% workforce reduction as part of its strategic transformation. The move aims to restructure the company for future growth. Blockchain-based trading platform dYdX has announced a major restructuring effort, cutting 35% of its core team, according to the company’s official blog post. This decision is part of a broader strategy to align the company’s resources with its future goals. strategic realignment The move comes as dYdX aims to refocus its efforts on building a more efficient and streamlined organization. Although this is a difficult…
Bitcoin (BTC) price is racing toward an all-time high at $73,800, a move that differs from recent rebounds with several fundamentals suggesting the bull market is shifting to a higher pace. Here are six important pieces of data that suggest Bitcoin is ready to hit new highs. Bitcoin has officially broken its seven-month downtrend.Bitcoin’s strong range breakout and close that lasted several days above its previous trading range inspired traders to open new positions with the intention of pursuing higher targets in the $85,000-$160,000 range. This point is well explained by veteran trader Peter Brandt. Bitcoin $BTCThe 5 month inverted…
Solana (SOL) is trading above $180 again after struggling to regain the level for nearly three months. The 16.3% one-month rise to $183 coincided with Bitcoin (BTC) showing gains within the all-time high of $1,000. But does Solana-related data support a move to higher levels?Total altcoin market cap (left) and SOL/USD (right). Source: TradingView On-chain and derivatives indicators suggest that the bull market for Solana may have just begun and that a further rise above $200 is likely. Data shows that the Solana Network’s total value locked (TVL) is steadily increasing, with the amount secured by its smart contracts reaching…
Digital assets like cryptocurrencies and NFTs are becoming more and more common, and if you’re part of this exciting evolution, it’s important to have a plan in place to properly pass these assets on to the next generation. If you are investing in cryptocurrency, you need to think about what will happen when you pass away. Digital assets present unique challenges in how to protect your investments and ensure that your loved ones can one day enjoy their benefits. We’ll help you navigate these complexities so you can proceed with confidence and peace of mind. Key takeaways about digital asset…
Jessie A. Ellis October 29, 2024 19:12 The Sei Creator Fund has closed two rounds, supporting 270 projects from the developer and gaming sectors with a SEI pool of $500,000 to strengthen ecosystem development and Sybil detection. Sei Creator Fund recently closed two significant funding rounds to strengthen Sei’s developer ecosystem and Web3 gaming division. According to Sei, this round leveraged a combined matching pool of 1,162,790 SEI, equivalent to approximately $500,000, to support more than 270 innovative projects and individuals. Sei Creator Fund: A multifaceted support system Sei Creator Fund, a $10 million…