Author: Crypto Flexs

Bitcoin (BTC) reached a high of $64,448 on October 7 before briefly falling below $62,000. Although the weekly opening restored traders’ hopes for a strong October, today’s $62,000 drop is a sign that the bulls are not yet in control. Bitcoin 1 hour chart. Source: Trading ViewBitcoin Coinbase Premium Maintains ‘Negative Momentum’Data from CryptoQuant shows Coinbase premiums have remained significantly negative since early October, suggesting a lack of demand from Coinbase traders. Bitcoin Coinbase Premium Index. Source: CryptoQuantCoinbase premium is an indicator of demand from American individual investors. A rising value suggests strong buying pressure, while a negative value suggests…

This article is also available in Spanish. Bitcoin price has struggled to continue rising above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone. Bitcoin is holding gains above the $62,500 area. The price is trading above $62,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the connecting bullish trendline with support at $63,000. Unless the price closes below the $61,650 area, the pair could begin another increase. Bitcoin price corrects profits Bitcoin price rose above $63,500. BTC also passed…

Bitlayer Lab, developer no way Bitcoin BTC -2.16% Layer 2 Network has raised $9 million in its Series A expansion funding round, just three months after its $11 million Series A.that The new round was led by Polychain Capital and co-led by Franklin Templeton, with additional support from SCB Limited, Selini Capital and G-2.0.Ggroup and other investors, Bitlayer Labs said Tuesday.. The round opened in early August and closed last week, Bitlayer co-founder Charlie Hu told The Block.Like the previous Series A round, Bitlayer’s expansion round was structured “We value the SAFE (simple contract for future shares) and token warrants…

Neiro CTO hits a new all-time high after growing 16,000% in two months. Seasoned Shiba Crypto Whale Trades Neiro On ETH for Neiro CTO. New speculative interest has catapulted Neiro CTO to unprecedented heights. Early investors who made $145 million in SHIB in 2021-2022 are now caught up in a new memetic upheaval. Neiro Crypto Confusion Hits OG Trader Following last weekend’s meme rally, several dog-themed coins have hit all-time highs, including First Neiro On Ethereum (NEIRO). However, the unfortunate investor had previously purchased Neiro On Ethereum (NEIRO), another dog-themed cryptocurrency with the same ticker. This NEIRO is down 35%…

Circle introduced native USDC on the Sui blockchain, providing seamless access to USDC liquidity without connectivity. This development supports Sui’s expanding ecosystem of over 85 applications. (Read more)

Cryptocurrency veteran Chris Burniske expects big results from Memecoin in the current digital asset market cycle. The venture capitalist says the “trend of triggering memecoins” on social media platform “The cultural relevance of some NFT collections in 2021 will surpass even some memecoins. “I’m not here to endorse horses, but the trend is clear.” Burniske, a partner at venture capital firm Placeholder, is also optimistic about the development of non-fungible tokens (NFTs). “While memecoins will replace PFP (profile picture) NFT collections that are primarily about $$$, true art and creative utility will be more focused on NFTs, which is a…

The cross-chain interoperability protocol deBridge introduces deBridge Hooks, which enable real-time trustless data transfer between blockchains.According to a statement shared with The Block, deBridge Hooks are designed to enable developers and protocols to integrate advanced cross-chain functionality into their applications. Solflare Wallet and Solana-powered decentralized exchange Zeta Markets are among the launch partners for the new feature.While interoperability protocols already enabled instantaneous value transfer across blockchains, cross-chain messaging protocols for data exchange involved delays of up to 15 minutes. The project claimed that by integrating deBridge Hooks, assets and custom data can now be transferred between chains almost instantly.For example,…

SOL’s network activity remained high over the past month. The token’s technical indicators suggested the price to fall to $127. Solana (SUN) We have seen a significant influx of funds into the network, reflecting the growing adoption and use of blockchain. This development can be viewed as optimistic as it suggests investor confidence in Solana is growing. But will this episode have a positive impact on the token price? A new milestone for Solana IntoTheBlock recently posted: tweet Highlights exciting developments in the Solana ecosystem. According to the tweet, over $100 million has been connected to Solana from all other…

Ted Hisokawa October 8, 2024 11:24 Anichess launches public alpha and partners with Yield Guild Games to strengthen distribution in Southeast Asia, highlighting innovative chess-based strategy games and expanding Web3 games. Anichess, the groundbreaking chess-based strategy game, has launched an official alpha version in partnership with Yield Guild Games (YGG), Animoca Brands announced. The partnership aims to distribute the game across Southeast Asia, a key region for Anychess in terms of player registration. Game features and modes In alpha version, Anichess offers a unique blend of traditional chess and innovative spell mechanics to provide…

ChangeNOW recently launched the Telegram Mini App to simplify cryptocurrency trading for users. The platform supports over 1,000 cryptocurrencies with instant swaps and low fees. The non-custodial model ensures user privacy and security during transactions. Make changes nowa leading cryptocurrency exchange offering lowest-fee cryptocurrency swap services, is making headlines with its recently launched Telegram Mini app, marking a significant milestone in the evolution of cryptocurrency exchanges. By leveraging Telegram, ChangeNOW aims to improve accessibility and simplify cryptocurrency trading for users around the world, as Telegram’s user base approaches 1 billion. History of ChangeNOW Founded in 2017, ChangeNOW began its journey…