Polygon (MATIC) has turned downward again. The price decline is due to an overall market correction. The asset may still have room to fall before reversing. MATIC, the native token of the Polygon PoS blockchain, has been in the spotlight again after a 30% surge last week. The surge signaled the beginning of a massive recovery after months of doldrums, but observers are left with a moment of reflection as the asset price has now given up most of its gains and fallen below key psychological levels.Where do you think MATIC will go in the future?Polygon (MATIC) Tank 11%Polygon’s MATIC…
Author: Crypto Flexs
People • Aug 28, 2024 4:18 PM EDT Posted 1 minute earlier ~ in Updated: August 28, 2024 4:24 PM EDT Telegram CEO Pavel Durov was indicted by a French court on Wednesday, according to Bloomberg. According to the report, Durov was charged with “complicity in the distribution of child sexual imagery through messaging apps and drug trafficking.”French authorities said Durov had been released but was under “judicial supervision,” according to Reuters, adding that the Telegram founder must remain in France. Durov must also post a 5 million euro bond, the news agency reported.Earlier that day, Durov appeared in court…
Ethereum is in a classic accumulation phase after the recent correction, currently targeting the $3,000 price range. After dropping to $2,116 just 20 days ago, ETH has experienced a significant price surge and recovered to higher levels, suggesting that bullish momentum is building. Related Materials This accumulation phase has caught the attention of analysts and investors alike, who are now closely monitoring Ethereum’s price action to look for signs of a larger uptrend. The recovery from recent lows has sparked renewed optimism, with some market experts predicting that ETH could reach $3,000 in the coming days. This potential rally is…
Ted Hisokawa Aug 28, 2024 03:19 Binance P2P has announced a promotional campaign offering a reward of 5,000 FDUSD to eligible users who have not traded since January 2024. Binance has launched a new promotional campaign for its P2P trading platform, offering a total of 5,000 FDUSD token voucher rewards. This initiative is for users who have not traded P2P on Binance since January 2024. According to an announcement from Binance, the promotion aims to encourage re-engagement and reward loyal users. Promotion Details This promotion will run from 05:30 (UTC+5.5) on August 28, 2024…
The Bitcoin (BTC) price plunged 10.8% between August 25 and August 27 after briefly surpassing $65,000. The decline was linked to concerns about a U.S. recession and excessive optimism in the stock market, as Goldman Sachs’ head of asset allocation emphasized in an August 28 CNBC interview.Bitcoin shaken by concerns that investors are being too optimistic Bitcoin eventually recovered support at $58,500, but traders’ morale was significantly reduced as a key indicator of leveraged long positions fell to a 10-month low. The indicator turned neutral on August 28, but traders believe the bulls will need more time to regain confidence,…
Company • August 28, 2024 12:52 PM EDT Posted 1 minute earlier ~ in Telegram CEO Pavel Durov has been released from French police custody to appear in court, where he could face charges, according to AP News. The move comes after Durov was arrested in France on August 24 in connection with providing cryptographic tools and services (such as Telegram) to criminals for money laundering, child pornography and drug trafficking, as part of a broader cybercrime investigation. The Wall Street Journal also reported that between 2017 and 2018, Durov met with French President Emmanuel Macron to move Telegram to…
Despite the recent price decline, it has been revealed that US investors are actively buying ETH. Although mixed signals from various indicators cast uncertainty on the possibility of a rally, technical patterns point to an uptrend. Over the past 24 hours, the cryptocurrency markets have seen a significant drop, with Ethereum (ETH) down 8.41%, bringing its weekly performance down 4.76%. However, further analysis suggests that this downtrend may be short-lived, as US investors appear ready to push the ETH price higher. US investors are supporting ETH despite market volatility. Recent data from Crypto Quant on Ethereum, which measures the price…
The Hamster Combat Airborne Operation is scheduled for September 26th. Today, the Hamster Kombat team has some much-anticipated news for the community: After a delay in the HMSTR token airdrop that raised many questions from players, a new date has finally arrived. According to the released information, the Hamster Combat airlift date is September 26th. As disclosed in the project whitepaper, 60% of the token airdrop will be allocated to the player community. The remaining 40% will be used to ensure market liquidity, provide reward squads, build ecosystem partnerships, and other purposes. The airdrop was originally planned for July. But…
Terryl Dickey 28 Aug 2024 15:35 Binance has announced the delisting of several spot trading pairs, including ALCX/BTC and BCH/TUSD, starting August 30, 2024. Leading cryptocurrency exchange Binance has announced that it will remove several spot trading pairs starting August 30, 2024. According to the official announcement, this move is part of Binance’s periodic review process to maintain a high-quality trading market. Details of deleted pairs Based on the latest reviews, Binance will be suspending trading for the following pairs: RCX/Bitcoin BCH/TUSD CHZ/Brazilian ETHFI/BNB Omni/BRL Delisting will take place on August 30, 2024…
At Bitcoin 2024 in Nashville, lines wrap around the block. Delays. The crowd awaits. Rumors swirl. Then the music comes on, and much of the audience stands in awe as Trump walks on accompanied by patriotic music. “There’s no way Kamala Harris could have come here”, I overhear someone comment. It certainly seems that Bitcoin — or at least its most ardent and vocal US supporters — has become heavily tilted toward the Republican. Gone are the days when the core of enthusiasts described their project as a politically neutral technology. This conference features bins of free “VOTE TRUMP” t-shirts…