According to Glassnode, the Bitcoin network has seen a significant decline in capital inflows over the past six months, and the Bitcoin (BTC) price has been in a “long-term consolidation phase.”This prolonged consolidation, which has continued since the 2024 Bitcoin halving, has caused the market slope for the short-term holders (STH) group, i.e. those who have held BTC for less than 155 days, to turn negative, while the realized price slope remains positive but trending down.“This suggests that the spot price decline was more aggressive than the intensity of capital outflows,” Glassnode analysts wrote in a Sept. 25 report. Bitcoin…
Author: Crypto Flexs
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On September 25, payments giant PayPal announced that PayPal Business accounts can now buy, sell, and trade cryptocurrencies directly from their PayPal accounts.The new feature is available to all US sellers across the United States, excluding New York. Jose Fernandez da Ponte, PayPal’s SVP of Blockchain, Cryptocurrency and Digital Currency, said of the new feature:“Business owners are increasingly expressing a desire for the same cryptocurrency functionality that consumers get. We’re excited to meet that demand with this new service, making it easier for them to engage with digital currencies.”Merchants using this service can also withdraw their digital assets to external…
Our partnership focuses on combining the cryptocurrency ecosystem with the RB Leipzig fan experience to provide fans with an interactive experience. With a focus on educating new audiences about cryptocurrencies, both parties are working together to unleash the potential of cryptocurrencies and inspire new ways for German fans to strengthen their connection with their club.In practice, this includes delivering engaging fan experiences ranging from exclusive content to fan pop-ups, along with original products that drive fan engagement. Mayur Gupta, Chief Marketing Officer, Kraken: “The founding stories of Kraken and RB Leipzig share similar roots in pioneering unconventional paths to long-term…
Vice President Kamala Harris said Wednesday that under her leadership, the U.S. will “reaffirm” global leadership in sectors that will define the next century and “maintain our edge in AI, quantum computing, blockchain and other emerging technologies.” Her comments came in a speech. that concise club In Pittsburgh.Until last weekend, the Democratic presidential candidate had been tight-lipped about cryptocurrencies during the campaign. At a Wall Street fundraiser in Manhattan, Harris said AI and cryptocurrencies were part of her vision for an “opportunity economy.”“We will protect consumers and investors while also encouraging innovative technologies like AI and digital assets,” Harris said…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. The price of Mudeng has been trading up 39% over the last 24 hours. As of 7:15 AM ET, it was trading at $0.08638, with volume up 57% to $48.5 million. Mudeung, a pygmy hippopotamus at a Thailand zoo, has become an Internet star and captured the hearts of people all over the world. Inspired by her, MOODENG, a Solana-based meme coin, was launched on the Pump.fun platform and soared to a market cap of $70 million in just two weeks. Mudong is…
This article is also available in Spanish. Ethereum is very similar to Bitcoin in terms of price action and has not broken out yet. By itself Over the past few months. According to price data, Ethereum has gained 13% over the past seven days, outpacing Bitcoin’s 5.8% gain over the same period. Behind Ethereum’s interesting rise are some large Ethereum holders who appear to be increasing their holdings. In particular, on-chain data from multiple analytics platforms indicates increased activity from Ethereum whales over the past few days. In particular, Glassnode data suggests that large Ethereum holders have added at least…
A seasoned trader switches strategies after an untimely SHIB sell. Two Neiro tokens with the same ticker behave completely oppositely. Kamala Harris’s Remarks on AI and Cryptocurrencies Spark Rally in Top AI Coins Early Shiba Inu (SHIB) investors who made $145 million from the Japanese hunting dog-themed token in 2021-2022 have recently succumbed to losses of tens of millions of dollars. A particularly costly transaction took place between August 31, 2024 and September 6, 2024, when a major player sold 491,229B Shiba Inu coins for $6.63 million.Untimely play in SHIB extends to NEIROThis is a massive 45% loss on the…
Alvin Lang 25 Sep 2024 04:35 Binance supports the Gas-Free Carnival campaign on BNB Chain, offering zero withdrawal fees for USDT, USDC, and FDUSD on BSC and opBNB networks until October 19, 2024. According to recent announcements, Binance We have announced our support for the Gas-Free Carnival campaign launched on BNB Chain. As part of this campaign, Binance will offer zero withdrawal fees for USDT, USDC and FDUSD on BNB Smart Chain (BSC) and opBNB Chain (opBNB) networks. This initiative will run from now until October 19, 2024, 23:59 UTC. Campaign Details The Gas-Free…
Bitcoin (BTC) faced a downturn as Wall Street opened on September 25th, with upward resistance strengthening.BTC/USD 1-hour chart. Source: TradingViewBTC Price “Plummets” May Face October SettlementAccording to data from Cointelegraph Markets Pro and TradingView, after BTC/USD hit a one-month high of $64,795 on Bitstamp, the price recovered to below $64,000.Despite recording higher lows and highs on an hourly basis, BTC price action wasn’t enough to convince traders that a major breakout was coming.Popular trader Skew analyzed the market structure and highlighted that there is no sign of a breakdown of $65,000, which has been the area with the most sell-side…
Mango Markets, a Solana (SOL)-based decentralized exchange (DEX), has proposed a $500,000 settlement with the U.S. Commodity Futures Trading Commission (CFTC). The DEX’s decentralized autonomous organization (DAO) voted this week to approve a cease and desist agreement that would impose civil fines and various product regulation violations. If the CFTC agrees, the civil penalty of $500,000 will be paid by Mango DAO and two related entities: Blockworks Foundation and Mango Labs, LLC. The CFTC and the Securities and Exchange Commission (SEC) launched an investigation into Mango Markets after cryptocurrency trader Abraham Eisenberg exploited the protocol to trade $110 million worth…