Bitcoin (BTC) fell below $63,000 on September 22, suggesting a potential profit-taking opportunity for short-term traders. Some analysts believe that Bitcoin could enter a minor consolidation before striking the critical overhead resistance of $65,000.While there is some short-term uncertainty, analysts are bullish on the long term. Geoff Kendrick, global head of digital asset research at Standard Chartered, expects Bitcoin to hit $200,000 by the end of 2025. Kendrick sees positive inflows into Bitcoin exchange-traded funds (ETFs), a modest increase in inflation, and the repeal of Staff Accounting Bulletin-121, a rule that effectively prevented banks from holding digital assets for their…
Author: Crypto Flexs
Read More
This article is also available in Spanish. After a brief retreat, Bonk There are signs of renewed strength as bullish momentum begins to build. Recent price action indicates that bulls have regained control, pulling the token out of its recent doldrums. As the market changes, Merchants Now that BONK’s next target is becoming clearer, we are targeting a potential upside breakout. Is this the start of a new rally? Or is the bears just getting their act together? dominance Again? In this article, we will provide an in-depth analysis of BONK’s recent price action and examine the renewed strength of…
Iris Coleman September 18, 2024 11:44 Binance has launched a promotion where users can earn up to 104 USDC by depositing or purchasing cryptocurrencies. The promotion will run from September 19, 2024 to October 17, 2024. Binance, one of the world’s leading cryptocurrency exchanges, has announced an exclusive promotion for new and existing users. According to Binance, participants can earn up to 104 USDC by completing certain tasks related to depositing and purchasing cryptocurrencies.Promotion DetailsThe promotion period is from September 19, 2024 to October 17, 2024. Eligible users who complete a deposit with a…
Cryptocurrency Market 2nd week up, fuel supply hope Continued recovery. Toncoin slipped in RedChallenge ~ market’ is upwards tendency. Can do it Crypto Rally HoldOr is volatility I’m still waiting corner? The cryptocurrency market is recovering, with most of the top digital assets posting gains for the second week in a row. After a period of turbulent uncertainty, recent performances suggest that investor confidence in the market has been restored, signaling potential growth ahead. Cryptocurrency Market Shows Signs of Life Among the major cryptocurrencies, Avalanche (AVAX) was the best performer, posting an impressive 8.4% gain last week. Ethereum (ETH) followed…
The average transaction fee in early September was Ethereum Ethereum -1.20% It dropped below $1 for the first time since July 2020, well before Ethereum’s proof-of-stake merge, the Blob upgrade, and even the launch of the Bored Ape Yacht Club NFT collection. But over the past few weeks, Ethereum’s seven-day moving average transaction fee has skyrocketed. The most recent, in September 2021, was $3.52, more than three times its value on September 1, when it was $0.85, according to data from The Block. As transaction fees recovered, Ethereum’s burn rate also increased. According to data from The Block, Ethereum’s burn…
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only. NEIRO soared 808% in one day, sparking curiosity about Dogen’s potential. Digital currency enthusiasts have witnessed a remarkable rise as NEIRO surged 808% in just one day. This dramatic surge has sparked curiosity as to which coins will follow suit. Amid the frenzy, speculation surrounding Dogen is growing. Could this be the next crypto success story? This article explores potential breakout stars, offering insight into coins primed for rapid growth. Neiro Overview: A New Community-Driven Cryptocurrency Neiro (NEIRO) is…
It is no secret that we all want to know more ways to make money. The problem is that knowing these tips is not easy and you have to dig deep to find what you like. One of the ways to actively earn passive income is: Cryptocurrency Cloud MiningAnd many platforms are focusing on this concept. CrytocoinMiner is one of the platforms where you can participate in cloud mining. For those who don’t know, cloud mining is the mining of crypto assets by miners without complex hardware. Also, unlike traditional crypto mining, cloud mining is cheaper and therefore more open…
Jorg Hiller September 22, 2024 10:25 Bitcoin’s ossification sparks debate: Is it a sign of maturity and stability, or a hindrance to innovation? Let’s take a look at the pros and cons of this controversial issue. Bitcoin ossification refers to the process by which it becomes increasingly difficult to change the underlying protocol of Bitcoin, potentially leading to a point where the protocol becomes fixed and unchangeable. This concept is fiercely debated within the Bitcoin community. Supporters of ossification argue that it is a sign of Bitcoin’s maturity and decentralization, ensuring stability and protecting…
Bitcoin (BTC) fell below $63,000 on September 22, suggesting a potential profit-taking opportunity for short-term traders. Some analysts believe that Bitcoin could enter a minor consolidation before striking the critical overhead resistance of $65,000.While there is some short-term uncertainty, analysts are bullish on the long term. Geoff Kendrick, global head of digital asset research at Standard Chartered, expects Bitcoin to hit $200,000 by the end of 2025. Kendrick sees positive inflows into Bitcoin exchange-traded funds (ETFs), a modest increase in inflation, and the repeal of Staff Accounting Bulletin-121, a rule that effectively prevented banks from holding digital assets for their…
Financial services giant Franklin Templeton has announced that it is building a fund of funds for regulated securities on its smart contract platform Solana (SOL). In a session at the Solana Breakpoint 2024 event, Mike Reed, Franklin Templeton’s head of digital asset partnership development, said the final step for the investment giant to complete its project is to apply to develop natively on the Solana blockchain. According to Reed, tokens issued by companies on Solana represent a solid record of ownership. “We don’t use a third party, we mint on-chain for real. We don’t have an off-chain ledger that we…