After breaking away from its all-time high of $73,800, the Bitcoin price is consolidating within a wide range between $53,000 and $72,000. relevant: ‘Most Bullish’ Weekly Close — 5 Things to Know About Bitcoin This WeekHowever, technical chart patterns and various indicators suggest that the Bitcoin (BTC) consolidation may be nearing completion and the price may be on the verge of a breakout.BTC/USD daily chart. source: TradingViewBitcoin Price Consolidation Brings “More Optimistic Outcomes”According to cryptocurrency analyst Rekt Capital, Bitcoin may be nearing a halt in consolidation after achieving a bullish weekly close on October 27.Rekt Capital said in an October…
Author: Crypto Flexs
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Former US President Donald Trump leads the blockchain-based betting market at nearly 67% as mystery whales continue to bet on his victory in the upcoming presidential election on November 5.Trump’s odds of winning the upcoming presidential election topped 66.3% on Oct. 28 on a major decentralized prediction market, according to data from Polymarket.2024 presidential election winner, 1 month chart. Source: PolymarketTrump’s odds have improved after a polymarket whale, or large holder, invested an additional $2 million worth of USD Coin (USDC) tokens in a pro-Trump bet.According to on-chain intelligence firm Lookonchain, the mystery whale spent a total of $7.22 million…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. Rollblock is a smart GambleFi platform that is quickly gaining popularity in the cryptocurrency market, beating out XRP and Solana. The cryptocurrency market is thriving in ways that were unimaginable just a few years ago. Gone are the days when cryptocurrency relied only on speculative investments. Today, Rollblock is gaining traction, ahead of XRP and Solana in popularity. Rollblock is a prime example of a next-generation cryptocurrency. The GambleFi platform offers something older cryptocurrencies can only dream of, and…
Ted Hisokawa October 26, 2024 03:15 Celestia will host a series of module-focused events in Bangkok during Devcon, featuring workshops, talks and community activities for blockchain developers. Celestia, a leader in the blockchain industry, is preparing a series of exciting events in Bangkok during the upcoming Devcon. According to the Celestia blog, the event is designed to foster innovation and collaboration within the modular blockchain community. modular bangkok The event receiving attention is ‘Modular Bangkok,’ scheduled for November 10th. Co-hosted with Movement Labs and ContributionDAO, the event will focus on new construction companies adopting…
Right now, expectations are running high as Bitcoin gets closer to breaking through significant resistance levels. Watching Bitcoin hover around $69,500 has been an exercise in patience, but there is a growing feeling that we are on the verge of something big. If Bitcoin breaks $70,000, which feels inevitable at this point, the entire market could change in ways we haven’t seen in a long time. Personally, I am keeping a close eye on how things unfold, especially as the potential of altcoins and even meme coins begins to heat up. I find this moment both exciting and tense. Bitcoin…
A widely respected cryptocurrency strategist believes that decentralized oracles running on Ethereum (ETH) are poised for a major market reversal. Analyst Michaël van de Poppe told his 733,600 followers on social media platform X that he is bullish on Chainlink (LINK). Van de Poppe predicts that LINK’s immediate resistance will be broken if the altcoin witnesses another uptrend. “I believe LINK will be out in the next week or two. Another test of $13 will be the trigger -> $18 next.” Source: Michaël van de Poppe/X At the time of this writing, LINK is trading at $10.96. Looking at Ethereum…
Rebecca Moen October 26, 2024 09:32 Proposer-Builder Separation (PBS) aims to alleviate validator centralization in blockchains, but this can lead to builder centralization. Find insights in Agostino Capponi’s research. Proposer-Builder Separation and Blockchain Dynamics In the evolving blockchain technology landscape, the concept of proposer-builder separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced by Ethereum, seeks to create a competitive market by separating the roles of block proposal and block construction. This allows builders to create blocks and provide validators with a bidding fee for inclusion in…
Catizen provides players with the opportunity to earn rewards by interacting with the game, primarily through a roulette game where users spin a wheel to win different types of rewards. HighlightsCATIZEN launched Zircuit, an AI-powered layer 2 blockchain with a $2 billion TVL, backed by Binance Labs.The Launchpool event will feature 8,333,333 ZRC rewards worth $1.5 million, with 85% going to CATI stakers.CATI token rose 32% to $0.7316 after being listed on Binance, OKX, Bybit and other exchanges. CATIZEN announced the launch of its first Launchpool project, Zircuit (ZRC). Zircuit is an AI-based zero-knowledge layer 2 blockchain that is fully…
The imminent unlocking of Celestia’s $1.06 billion TIA sets up a critical test of key support levels. Despite the upcoming liquidity, bearish sentiment prevails due to low social participation and negative funding rates. Celestia (TIA) The token is set for a big change as it prepares to unlock $1.06 billion worth of tokens, or nearly 80% of its supply. TIA trading price is up 0.87% at $5.37 at press time, so this influx of liquidity could have a big impact on the token’s market direction. Now, many investors wonder whether the unlocked tokens will spark new demand or increase selling…
Peter Jang October 27, 2024 07:57 Flashbots’ Quintus Kilbourn presents new research on blockspace auction refunds, aimed at improving efficiency and participation in blockchain ecosystems. According to a16z crypto, Quintus Kilbourn, head of Flashbots, introduced groundbreaking research focused on implementing refunds within block space auctions. This new approach aims to transform blockspace auctions from a traditional primary price mechanism to a mechanism similar to the Vickrey-Clarke-Groves (VCG) mechanism. The proposed system allows searchers to recoup a portion of their bids if the submitted bundle is deemed important to securing the builder’s auction. A revolution…