Since retesting the $2 psychological support on December 20, XRP (XRP) has consolidated between $2.40 and $2.13 over the past week, heading toward a breakout in either direction. While the High Time Frame (HTF) structure remains bullish, one analyst explained why the altcoin should close positions above $2.30 in the near term. The analyst says XRP has a “buy barrier” to $2.23.CW, an anonymous cryptocurrency data analyst, said that with XRP oscillating between narrow price gaps, short-term buying barriers currently support the altcoin. This buy wall was between $2.20 and $2.23 and further declines may occur as the altcoin is…
Author: Crypto Flexs
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Crypto investors are heavily drawn to meme assets in 2024, according to a new study. CoinGecko said in a research paper that most of the cryptocurrency interest in 2024 will be driven by the memecoin sector, which has expanded from dog-themed tokens to other animal- and personality-themed digital assets. “The most popular cryptocurrency story in 2024 was by far the memecoin story, which accounted for a combined 30.67% of global investor attention across major memecoin stories and 25 memecoin trends. That said, as the market quickly expanded from dog-related memecoins to other animal- and personality-themed memecoins, nearly a third of…
Hopes for a surge in Ethereum are fading as the price of the top altcoin has fallen significantly over the past four days. Between October 20 and 23, the price of ETH fell 9.6% after experiencing rejection at the $2,700 resistance level. This price drop wiped out any Ethereum profits made over the past 10 days. Currently, the price of ETH has stabilized at the $2,500 level. At the time of writing, ETH is trading at $2,519 ETH/USDT. to Gate.io exchange. However, in the last 24 hours its value has fallen by 2.2%. However, looking at the year-to-date chart, we…
BonkDAO’s token burn reduced supply by 1.8%, but BONK faced resistance at $0.00003517. Market sentiment remained bearish due to high short-term interest rates and weak technical indicators for BONK. BonkDAO’s decision to burn 1.69 trillion won BONK As part of the “BURNmas” event, the token gained attention in the cryptocurrency community. With $54.52 million worth of tokens removed from circulation, BONK’s total supply decreases by 1.8%. This could have a significant impact on the market. At press time, BONK is trading at $0.00003144, down 6.50% over the last 24 hours. Considering these deflationary measures, the following questions arise: Will this…
Jason Zhao was working as a product manager at DeepMind, Google’s cutting-edge AI division, when he realized there was a serious problem with generative AI, which remixes existing content into new content. He has since been proven right. AI is now reading and regurgitating news articles without paying for them from services like Perplexity, threatening the business model of journalism. AI is also being used to replicate artists’ vocals, like Drake and The Weeknd on their viral track “Heart on My Sleeve.” The track came out shortly before Recording Academy CEO Harvey Mason Jr. was nominated for a Grammy Award…
Jason Zhao was working as a product manager at DeepMind, Google’s cutting-edge AI division, when he realized there was a serious problem with generative AI, which remixes existing content into new content. He has since been proven right. AI is now reading and regurgitating news articles without paying for them from services like Perplexity, threatening the business model of journalism. AI is also being used to replicate artists’ vocals, like Drake and The Weeknd on their viral track “Heart on My Sleeve.” The track came out shortly before Recording Academy CEO Harvey Mason Jr. was nominated for a Grammy Award…
A widely respected cryptocurrency trader said the top utility altcoin could be poised for a rise. An analyst known by the pseudonym Bluntz tells his 305,200 followers on social media platform X that decentralized oracle project Chainlink (LINK) is forming a bullish reversal pattern on the hourly charts. This is reminiscent of Bitcoin’s move in 2019, when BTC broke the resistance at $4,220. “This floor structure is one of my favorite things to trade. This is the bottom of BTC 2019 for reference.” Source: Bluntz/X He says LINK may be forming a bullish Adam and Eve pattern. This indicates that…
Cryptocurrency exchange Bitget recently announced the merger of Bitget Wallet Token (BWB) and BGB token, establishing BGB as a unified ecosystem token for both exchanges and wallets. The main goal of this move was to streamline the token economy, reduce fragmentation, and strengthen the overall ecosystem. Bitget announces merger This announcement had a significant impact on the price of the BGB token. The BGB token experienced a significant surge and its trading volume surpassed Binance’s BNB token. As of press time, the token price is $6.85, up 22.3% in the last 24 hours. BGB 24-hour chart (Source: CoinGecko) Key details…
Nicosia, Cyprus, December 26, 2024, Chainwire BC.GAME has launched its latest slot game, Wukong, inspired by the popular AAA game Black Myth: Wukong. Released on December 24th, this 6-reel, 5-line slot game invites players to join Wukong’s epic journey and gives them the chance to win up to 10,000x their bet. The game includes key symbols from Black Myth: Wukong, including Wukong’s Ruyi Staff and Treasure Pearl, bringing the game’s mythological world to life. Players can also enjoy the convenience of using cryptocurrency to play the game, adding flexibility to the experience. Cryptocurrency integration: You can now play Wukong with…
I read on bitcoin.org that since Bitcoin is a peer-to-peer medium, it can be traced by IP address. I actually don’t remember if I ever signed up for Bitcoin, but I might have an idea of what I could have gained from the various activities I performed once a day… Can I find the funds to erase my thoughts about my IP address 197.52.35.129? I had it and forgot about it.