Bitcoin rallied towards key resistance levels on September 26 as the market awaited new US macro data.BTC/USD 1-hour chart. Source: TradingViewBTC price bullish signal lineupBitcoin (BTC) price rose 2% a day after bulls fell to $62,700, according to data from Cointelegraph Markets Pro and TradingView.Nonetheless, BTC/USD has shown signs that its upward momentum may continue, although it is stuck below the $65,000 liquidity call wall.“The systematic upward trend is still in place,” popular trader Skew summarized in some of his latest content on X.Skew singled out three essentials that currently exist on a four-hour time frame: price trend using the…
Author: Crypto Flexs
Read More
Ethereum price is aiming for a new rise like Bitcoin. For ETH to continue rising and reach new highs in the near term, it needs to break above $2,665. Ethereum is targeting a fresh rise above the $2,665 level. The price is trading above $2,620 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance at $2,625. The pair needs to hold above the $2,600 support level to start a new rally in the near term. Ethereum price, more attention on the rise…
TON has fallen from the $6 price level on the chart. Although TON’s trading volume maintained an upward trend, Open Network (TON) has recently seen a notable increase in social volume due to the launch of a coin offering for one of its mini-apps, Hamster Kombat. This surge in interest has established TON as one of the popular cryptocurrencies on the market, with market indicators suggesting both bullish and bearish cases for the asset. TON’s social volume is increasing. According to data from Santiment, Toncoin’s social volume has exceeded 400 over the last two trading sessions. This was a significant…
US based spot Ethereum ETH -0.87% After six consecutive weeks of negative outflows, exchange-traded funds (ETFs) recorded their highest weekly inflows since early August, with one fund reaching a significant milestone of surpassing $1 billion in net asset value. According to data from SoSoValue, the U.S.-based spot ether ETF recorded $58.7 million worth of inflows on Friday, leading funds for their first week of net inflows totaling about $84.5 million after six consecutive weeks of weekly net outflows. Friday’s inflows were led by Fidelity’s FETH fund, which recorded inflows worth $42.5 million, followed by BlackRock’s ETHA fund, which recorded inflows…
Top news of the week Binance founder CZ released from US prison Binance founder and former CEO Changpeng “CZ” Zhao was released from a US federal prison on September 27 after serving four months for anti-money laundering (AML) violations, a US Federal Bureau of Prisons spokesperson said. . Cointelegraph. CZ pleaded guilty in November to federal charges for failing to implement adequate AML controls at Binance, the world’s largest cryptocurrency exchange by daily trading volume, according to a November 21 statement from the U.S. Department of Justice. He also stepped down as CEO of Binance. With a reported net worth…
lawrence jenga September 28, 2024 12:30 Addresses common misconceptions about Timeboost, a new transaction ordering policy proposed for the Arbitrum chain and clarifies its impact on MEV and transaction orders. Understanding Timeboost and its purposeSeveral misunderstandings emerged as the Arbitrum DAO discussed Timeboost, a proposed new transaction ordering policy for the Arbitrum chain. Timeboost aims to improve transaction sequencing without introducing new maximum extractable value (MEV) problems. According to Offchain Labs, these misconceptions need clarification to ensure accurate public perception.Myth #1: Arbitrum uses the transaction model of Ethereum L1.A widespread misconception is that Arbitrum…
Top news of the week Binance founder CZ released from US prison Binance founder and former CEO Changpeng “CZ” Zhao was released from a US federal prison on September 27 after serving four months for anti-money laundering (AML) violations, a US Federal Bureau of Prisons spokesperson said. . Cointelegraph. CZ pleaded guilty in November to federal charges for failing to implement adequate AML controls at Binance, the world’s largest cryptocurrency exchange by daily trading volume, according to a November 21 statement from the U.S. Department of Justice. He also stepped down as CEO of Binance. With a reported net worth…
baby hippopotamus Mudeng It caused a viral sensation. that Moo Deng is a meme coin. We are seeing explosive growth. As the market strengthens, blue-chip MEMCOIN is booming. Memecoin has long been a part of cryptocurrency lore, and despite its polarizing reputation, it turned lucky investors into millionaires overnight. Love or hate memecoins, they continue to captivate the market with their incredible volatility and promise of quick wealth. Moo Deng, the viral baby hippo-inspired memecoin, is the latest sensation in the cryptocurrency world. The explosive rise has investors buzzing, with its market capitalization soaring to $209 million within weeks of…
A cryptocurrency whale appears to have lost $32 million worth of tokens after signing malicious transactions, blockchain security service ScamSniffer first noted in a post by X. The losses came in the form of wrapped Ether tokens from decentralized finance (DeFi) protocol Spark. The 12,083 spWETH tokens leaked from the wallet are currently worth approximately $32.4 million. According to blockchain intelligence company Arkham, this malicious transaction was carried out by the Inferno Drainer Scam-as-a-Service. Inferno Drainer, which targets users using spoofed versions of popular DeFi applications to trick them into signing over control of their wallets, stole more than $215…
A widely respected cryptocurrency analyst believes Bitcoin (BTC) could hit six figures before the end of the year as the top digital asset by market capitalization regains the $65,000 level. Cryptocurrency trader Michaël van de Poppe told his 725,400 followers on social media platform X that Bitcoin could rise by more than 53% from its current value. He believes the Federal Reserve’s interest rate cuts and increased global liquidity are bullish catalysts for Bitcoin and other digital assets. “Gold continues to rise, while silver has reached its highest price level in 10 years. Global liquidity is increasing significantly and altcoins…