Cryptocurrency - news
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06.05.2024 15:15 PRESS RELEASE. MAY 6, 2024 — Switzerland. STYLE Protocol, which transforms NFTs into 3D assets that can be used in any game or metaverse, has listed its native utility token on major exchanges. The cutting-edge digital asset — $STYLE — made its debut on Bitget and MEXC, and is also available on the decentralized exchange […] bitcoin.com |
06.05.2024 15:00 Smart contracts platform Avalanche (AVAX) is generating excitement in the crypto community with a potential breakout signal. Prominent analyst World of Chart has identified a bullish technical pattern that could propel AVAX prices significantly higher in the coming days. Related Reading: PEPE Primed For A Big Leap: 80% Price Increase Incoming? Falling Wedge Pattern Hints At Upside World of Chart points to the presence of a “falling wedge” pattern on AVAX’s price chart. This pattern typically forms during a consolidation phase, with price action confined between two converging trendlines that slope downwards. $Avax Forming Falling Wedge Incase Of Breakout Expecting Upside Continuation Successful Breakout Can Lead Massive Rally In Coming Days#Crypto #Avax pic.twitter.com/YJHJYarrSw — World Of Charts (@WorldOfCharts1) May 5, 2024 The key aspect of this pattern lies in the diminishing price range within the wedge, suggesting a buildup of buying pressure. A breakout from the upper [...] newsbtc.com |
06.05.2024 15:00 Mango DAO distributed treasury funds to token holders through a buyback program, but critics claim it was done to benefit an FTX estate buyer. cointelegraph.com |
06.05.2024 15:00 USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable? cointelegraph.com |
06.05.2024 14:56 As ethereum trades at $3,135, technical indicators present a nuanced picture for traders. Oscillators largely suggest neutrality with a mix of bullish signals, while moving averages indicate a balance of both positive and negative signals across different time frames. Ethereum Ethereum’s current price is around $3,135 per unit, with an intraday range between $3,116 and […] bitcoin.com |
06.05.2024 14:56 The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice. cointelegraph.com |
06.05.2024 14:31 The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs. cointelegraph.com |
06.05.2024 14:30 DLT Finance to provide innovative and tailored crypto products to German clients.
The post Kraken expands European footprint with German strategic partnership appeared first on Kraken Blog. blog.kraken.com |
06.05.2024 14:18 Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process. cointelegraph.com |
06.05.2024 14:09 Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty and opportunity. As oscillators mostly suggest neutrality with glimpses of buying strength, […] bitcoin.com |
06.05.2024 13:30 As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing. Crypto Market Outlook And Asset Selection Strategy Wacy’s recent thread underscores the anticipation of a massive altseason: “Only ~15% of altcoins will bring 10-100x in this hyper growth. Asset selection matters more than ever. One slip-up, and you’re out.” His analysis highlights the potentially selective nature of the upcoming market phase, suggesting significant disparities in performance among altcoins. Wacy believes the market is currently undervalued and primed for a significant uptick. He suggests that the consolidation of the total altcoin market cap above $700 billion would confirm the bull trend, signaling the onset of altseason. This perspective is rooted in current market behaviors where [...] newsbtc.com |
06.05.2024 13:21 The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan Energy Ministry. Kenya’s Policy Shift Kenyan President William Ruto recently announced that his […] bitcoin.com |
06.05.2024 13:01 The transfer occurred a day before FTX debtors were set to release a new restructuring plan for the exchange. cointelegraph.com |
06.05.2024 12:49 Runes recovered to account for the lion’s share of transactions on the Bitcoin network. cointelegraph.com |
06.05.2024 12:17 The Bitcoin network hits a major milestone, processing its 1 billionth transaction just 15 years after launch, proving Bitcoin's resilience and capacity to efficiently facilitate transactions at scale. bitcoinmagazine.com |
06.05.2024 12:13 The trade agreements between China and Hong Kong could allow mainland investors to access spot BTC ETFs in Hong Kong. cointelegraph.com |
06.05.2024 11:30 Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions Draw In Users The key to TON’s recent success lies in its tight integration with Telegram. Users can ditch the hassle of separate crypto wallets and make transactions directly through Telegram’s native wallet. Related Reading: XRP Holders Stack Coins Despite Price Dip: Bullish Signal Or HODL Of Desperation? This frictionless experience, coupled with TON’s cheap transactions and fee-free USDT transfers, is a major draw for everyday users who might be hesitant to dive into the complexities of traditional crypto exchanges. Gm ???? Telegram hits 900M Monthly Active Users, Gm back if you are one of them. [...] newsbtc.com |
06.05.2024 11:28 The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end. China […] bitcoin.com |
06.05.2024 11:28 The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents. cointelegraph.com |
06.05.2024 10:35 According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade. cointelegraph.com |
06.05.2024 10:16 Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024. cointelegraph.com |
06.05.2024 10:15 The current Bitcoin price behavior and its deviations from expected cyclical patterns remain a central theme of analysis. Crypto analyst Rekt Capital (@rektcapital) recently shared new insights on X concerning Bitcoin’s potential peak during the ongoing bull run, which is progressing at an atypical pace compared to historical data. When Will Bitcoin Peak This Cycle? In a detailed post, Rekt Capital pointed out that as of mid-March 2024, Bitcoin had not only reached new all-time highs but had done so approximately 260 days ahead of its traditional halving-induced cycles. This marked a significant acceleration. “When Bitcoin rallied to new All Time Highs in mid-March 2024, Bitcoin was accelerating in its cycle by 260 days compared to traditional Halving Cycles,” stated Rekt Capital. However, this rapid pace has not been sustained. Over the past two months, Bitcoin has been in a phase of consolidation, which has altered its trajectory. The acceleration advantage has decreased to about [...] newsbtc.com |
06.05.2024 10:15 Bitcoin manages an impressive comeback from two-month lows, but how high can BTC price action go before speculators take over? cointelegraph.com |
06.05.2024 09:53 Learn how to track cryptocurrency transaction histories with detailed steps to help navigate and understand crypto transactions. cointelegraph.com |
06.05.2024 09:40 A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided the attorney with an additional 300-page document containing further evidence during a […] bitcoin.com |