Digital asset inflows surged to $2.2 billion, driven by optimism about a potential election victory for the US Republican Party, led by Bitcoin. (Read more)
Author: Crypto Flexs
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If XRP closes the daily candle above the $0.558 level, XRP could rise by 17% to reach the $0.65 level. Combining these on-chain indicators with technical analysis, it appears that bulls are dominating the asset. Amid continued bullish market sentiment across the cryptocurrency landscape, XRP is finally breaking out of a prolonged consolidation phase, signaling a potential upside. Whale adds 52 million XRP tokens Whale Alert, a blockchain-based transaction tracker, posted on Despite the market rebound, XRP has lagged in gains so far, but on-chain indicators indicate a shift. Source: X XRP Technical Analysis and Key Levels According to AMBCrypto’s…
Nishad Singh’s lawyers claim he is an “unusually selfless individual”. They believe he should receive a lighter sentence because his role in the FTX collapse was limited. FTX’s former engineering chief asked the judge to spare him the prison sentence, according to lawyers representing him. According to Bloomberg, Nishad Singh’s attorney submitted a memo to a Manhattan federal judge arguing that he deserves a lighter sentence due to his limited role in the cryptocurrency exchange collapse and the “exemplary life he is committed to leading.” I did it. “His circumstances are unique in every way that matters to sentencing. Examples…
just alvin October 15, 2024 05:28 BitMEX presents a Trading Bot Challenge with a prize pool of 22,000 USDT. Participants can track their progress through the Mission Dashboard to strengthen their trading strategies. BitMEX has announced the launch of an exciting Trading Bot Challenge that will give participants a chance to win 22,000 USDT. According to the BitMEX blog, the challenge celebrates the introduction of trading bots to the platform with the goal of improving user engagement and trading strategies. Challenge Details The Trading Bot Challenge is live now and traders are invited to…
Solana’s SOL (SOL) could rise more than 2,000% in the coming months based on favorable charting techniques.The so-called “Ethereum killer” is already up more than 2,000% since hitting a cycle low of around $10 in November 2022. With this, the price trend has drawn what appears to be a cup and handle pattern during the week. This chart was discovered by veteran analyst Peter Brandt.SOL/USD weekly price chart. Source: Peter BrandtSolana in final stages of potential breakthroughThe cup and handle pattern occurs when price undergoes a U-shaped recovery that resembles a “cup” followed by a sideways period that looks like…
Bitcoin (BTC)’s strong weekly return of 9.84% marked a clear bullish breakout above a descending trendline pattern that has been active since March 2024.In light of this, Sina, co-founder of 21st Capital, pointed out that according to the quantile model, Bitcoin’s current price falls between the lowest consolidated price range in 2025.The Bitcoin quantile model highlights three price ranges for BTC:Sina published a study utilizing quantile regression models to classify Bitcoin’s “probability space” and describes three specific areas for Bitcoin in 2025:The analyst noted that each zone represents a different price range and market sentiment (cold, warm, hot).Bitcoin quantile model.…
Cryptocurrencies are coming in fast and hard ahead of next month’s election. The latest news is that Ripple co-founder and chairman Chris Larsen on Monday pledged $10 million in XRP, the seventh-largest digital asset by market capitalization, to support Vice President Kamala Harris’s US presidential campaign. It was revealed that additional donations were made.The reply has been confirmed. decryption Larsen reportedly made a personal donation following his tweet on the issue. that new york times On Sunday, it was reported that Larsen had donated $10 million to Future Forward, a prominent Democratic PAC, during a record-breaking fundraising quarter for the…
Louisa Crawford October 16, 2024 06:26 The Hong Kong Monetary Authority revealed significant interest in the two-year maturity bond by disclosing the results of the Yuan government bond bidding held on October 16, 2024. The Hong Kong Monetary Authority (HKMA) recently announced the results of the Yuan government bond auction held on October 16, 2024. The bid included two-year yuan bonds and attracted considerable interest in financial markets. Bidding Details According to the HKMA, the bid included the issuance of RMB bonds with a two-year maturity. This issuance is part of the HKMA’s ongoing…
SEC’s ultimatum to TerraForm Labs includes burning LUNC and USTC. One-third of the trillion Terra Luna Classic tokens are awaiting burn. Shuttle Bridge asset holders are encouraged to withdraw their balances. The community-owned Terra Luna Classic blockchain is scheduled for a massive Terra Classic burn following the Securities and Exchange Commission’s (SEC) ultimatum to TerraForm Labs. TerraForm Labs must remove all LUNCs and USTCs as directed.Is a grand LUNC burn possible in the next 10 days?“The ruling requires defendants to incinerate or destroy private keys to any wallets or blockchain assets owned by TerraForm that hold UST, MIR, LUNA, Wrapped…
Felix Pinkston October 16, 2024 07:25 NVIDIA CEO Jensen Huang and Lenovo CEO Yuanqing Yang announced a new AI platform at Lenovo Tech World 2024 aimed at improving enterprise productivity with advanced AI solutions. In an important move to foster enterprise AI innovation, NVIDIA Founder and CEO Jensen Huang joined Lenovo CEO Yang Yuanqing to announce the Lenovo Hybrid AI Advantage with NVIDIA at Lenovo Tech World 2024. This new initiative is designed to enhance productivity and innovation across a variety of sectors. According to the NVIDIA blog: Advantages of Lenovo Hybrid AI The…