Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution
Polygon (MATIC) has hit a new milestone for total transactions. The recent feat suggests that the network is seeing rapid adoption. The rise in activity comes despite largely uninteresting MATIC The post Polygon (MATIC) Hits 4B Transactions Milestone As Usage Spikes appeared first on BitcoinWorld .
Presidential candidate Robert F Kennedy Jr shared on X today that he invested $24,000 in GameStop’s GME stocks. In his post, Kennedy Jr. promises to “support the Ape retail rebellion The post Presidential Candidate Kennedy Jr Bought $24,000 Worth Of GME Stocks, Is He Now A Meme Supporter? appeared first on BitcoinWorld .
Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born. The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted
Top Crypto Presales: Retik Finance Launched on Exchanges, Here’s Why Crypto Presale Investors Are Joining BlockDAG Presale As Retik Finance launches today on May 21st, 2024, draws near, stirring considerable interest within the crypto community, BlockDAG is currently dominating the conversation. With its cutting-edge updated dashboard designed to maximize user
The announcement of a new token standard is boosting investor confidence, with UNI target $12 to $15.
Hong Kong police arrested on Tuesday three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) through fake virtual investment talk The post Hong Kong Police Arrest Three In Fake HK$5.1 Million Virtual Investment Talk Show Ticket appeared first on BitcoinWorld .
Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level. Ethereum started a fresh increase and traded above the $3,750 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $3,710 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,380 support. Ethereum Price Eyes Additional Gains Ethereum price started a fresh surge after reports of increased hopes of ETH ETF. There was a move above the $3,500 and $3,650 resistance levels. ETH outperformed Bitcoin and even climbed above the $3,750 level. A new weekly high was formed at $3,838 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the upward wave from the $3,065 swing low to the $3,838 high. Ethereum is now trading above $3,700 and the 100-hourly Simple Moving Average. There is also a short-term bullish trend line forming with support at $3,710 on the hourly chart of ETH/USD. Immediate resistance is near the $3,840 level. The first major resistance is near the $3,880 level. An upside break above the $3,880 resistance might send the price higher. The next key resistance sits at $3,950, above which the price might gain traction and rise toward the $4,000 level. If there is a clear move above the $4,000 level, the price might rise and test the $4,080 resistance. Any more gains could send Ether toward the $4,200 resistance zone. Are Dips Limited In ETH? If Ethereum fails to clear the $3,840 resistance, it could start a downside correction. Initial support on the downside is near the $3,710 level and the trend line. The next major support is near the $3,620 zone. A clear move below the $3,620 support might push the price toward $3,450 or the 50% Fib retracement level of the upward wave from the $3,065 swing low to the $3,838 high. Any more losses might send the price toward the $3,380 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now correcting from the 75 zone. Major Support Level – $3,620 Major Resistance Level – $3,840
Donald Trump’s presidential campaign on Tuesday began to accept crypto donations, making good on the presumptive Republican nominee’s pledge to become the first major party candidate to embrace bitcoin, ether The post Donald Trump Becomes First Major Party Candidate To Accept Crypto Donations appeared first on BitcoinWorld .
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.