The post Countdown Begins: TronKeeper to Launch USDT Withdrawals in 40 Days, Redefines Decentralized Trading appeared first on Coinpedia Fintech News TronKeeper revolutionizes crypto management with USDT withdrawals launching in 40 days and Tonarx Swap live for seamless decentralized trading. London, England – The future of decentralized finance is on the horizon as TronKeeper, the trusted TRON wallet, announces the highly anticipated launch of USDT withdrawals in just 40 days. Known for its focus on security, …
WhiteBIT lending plans
In a significant move observed on November 22nd, on-chain data analytics firm ChainInfo reported that the Interchain Foundation, a key developer within the Cosmos ecosystem, liquidated another 3,000 ETH accrued
Following the news that SEC Chairman Gary Gensler would resign, the XRP price increased by as much as 100% within hours. Continue Reading: SEC Chairman Gary Gensler Announces Resignation, XRP Rally Begins! What's the Next Target?
Another Friday is here, and another batch of Bitcoin options are set to expire as the asset makes a new all-time high.
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity. Russian Miners Likely to Engage in Illegal Bitcoin Mining
MicroStrategy’s actions underscore Bitcoin’s potential as a treasury asset but also highlight risks tied to volatile markets.
An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently. Below is the chart shared by the analyst that depicts the technical analysis (TA) pattern in question. As is visible in the graph, Shiba Inu has been consolidating inside a bull pennant recently. A pennant is a pattern that consists of three parts: a pole, a triangular consolidation channel, and the succeeding breakout. The ‘pole’ is made up of an initial sharp uptrend or downtrend in the coin’s price. In the context of the current topic, a bull pennant is of relevance, so the pole corresponds to the former type of trend. Related Reading: XRP Binance Inflows Spike: What It Means For Price The consolidation channel that succeeds the pole (the region that’s actually the ‘pennant’) has the asset move back and forth between two converging trendlines. The upper level of the channel generally provides resistance, while the lower one supports. A break out of either of these lines can imply a continuation of trend in that direction. The likelihood of a breakout taking place naturally goes up the closer the asset gets to the apex of the pattern. From the chart, it’s apparent that Shiba Inu has been closing in on the converging point of this bull pennant recently, implying that a break could take place soon. In the scenario that this breakout happens towards the upside, it’s possible that the resulting uptrend would last for a similar length as the pole. If so, SHIB would rise to the $0.000037 mark. Such a rally would imply an increase of more than 53% from the current price of the meme coin. However, Shiba Inu must clear one major obstacle for the run to occur: the $0.000025 level. Not only does this level roughly coincide with the upper line of the pennant, it also hosts a major on-chain demand zone. As Martinez has pointed out in another X post, around 40,000 addresses purchased a total of 54.6 trillion tokens of the asset around an average price of $0.000025. Investors who bought their coins around this level would naturally be holding them at a loss right now. As such, it’s possible that when the SHIB price retests this level, some of these holders will decide to sell, fearing that their holdings will dip into loss again in the future. Related Reading: Cardano Outperforms Market With 50% Surge: Here’s Why This potential selling can increase the resistance that Shiba Inu would encounter when trying to break past this mark. SHIB Price At the time of writing, Shiba Inu is trading around $0.000024, down almost 4% over the last week. Featured image from Dall-E, IntoTheBlock.com, charts from TradingView.com
Seoul, South Korea, November 21st, 2024, Chainwire Yo-Yo.ai Launches Real-Time Prediction Model in Crypto and Stocks with $300M Hedge Fund Yo-Yo.ai, a pioneering AI research lab, has launched groundbreaking trials with a $300 million programmatic hedge fund to leverage its advanced AI-driven price prediction engine. With a 75% accuracy rate, an improvement over the industry’s historical benchmark
Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy. Interactive Strength, a maker of specialty fitness equipment, said Thursday its board has approved allocating up to $5 million in Bitcoin (BTC),…