Recent technical analysis has identified a cup and handle pattern indicating significant bullish signs. In an analysis shared on TradingView on June 21, crypto trading experts highlighted a giant cup and handle pattern on Bitcoin’s one-week time frame chart. This pattern, which started forming at the peak of the previous bull cycle, is a bullish continuation signal suggesting potential price increases. Despite this signs, the cup and handle pattern seems to be ignored by lots of traders shorting the market. Currently, Bitcoin is in the handle phase of the cup and handle pattern, which is characterized by a downward channel.…
Author: Xavi Pepple
Whale Alert, a well-known major crypto transfer tracker, reported mind blowing Bitcoin whales transactions earlier today. Bitcoin Whales Transactions and Market Movements Within an hour, nearly $1 billion worth of Bitcoin where transferred between wallets. Specifically, Whale Alert detected three consecutive transactions amounting to 11,358 BTC, equivalent to approximately $743 million. The transfers included 6,499 BTC, 2,359 BTC, and 2,500 BTC, with the first transaction alone accounting for almost half a billion dollars. These large transfers occurred between unknown blockchain addresses, which shows they were deliberate reallocation of assets by Bitcoin whales. This transactions comes amidst a brief recovery attempt by…
How has the recent market dump affected US Bitcoin ETFs ? and what is the effect of these outflows on the future of Bitcoin? Sentiments Around The US Bitcoin ETFs Outflows The market sentiment towards Bitcoin and US Bitcoin ETFs has undergone a notable shift in response to recent market conditions. This change is shown by the notable net outflows from US Bitcoin ETFs, totaling $146 million in a single day. The crypto market is volatile, but recent events have increased this volatility, causing increased investments caution. Key events contributing to the market sentiment shift include: 1. Price Declines: Bitcoin’s price has…
Liquidity mining is a decentralized finance (DeFi) process, where users provide liquidity to a decentralized exchange (DEX) and, in return, earn rewards. What is Liquidity Mining? In finance, liquidity refers to how easily an asset can be bought or sold. In the context of DeFi, liquidity mining involves users depositing their cryptocurrency into a liquidity pool. A liquidity pool is a smart contract that holds funds. When users add their crypto assets to these pools, they enable the DEX to improve trading by ensuring there is enough liquidity for buyers and sellers. This process helps to create a more efficient and stable…
Notcoin has been the talk of the day, as notcoin’s price has kept rising in recent times. Notcoin’s Price and Trading Volume Notcoin (NOT) has recently experienced a significant price surge, catching the attention of many in the crypto market. Over the past 24 hours, Notcoin’s price rose by 4.22%, reaching a value of $0.02009. This upward trend has been even more impressive over the last week, with a 15.66% increase. One of the key factors behind Notcoin’s price rise is the substantial trading volume it has generated. In the last 24 hours, the trading volume for Notcoin exceeded $1…
Binance exchange announced that Nigerian authorities have dropped certain criminal charges against their executives of the leading cryptocurrency exchange who has been detained in Nigeria since April. See Also: Binance Exchange Accuses The Nigerian Government of Demanding $150 Million Bribe In Crypto How The Binance Exchange Executives Were Apprehended Two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, were detained in Nigeria for the past few months against their will. The detentions came amid allegations that the exchange has been making illegal transaction profits within the country. Gambaryan, a U.S. citizen, and Anjarwalla, a dual citizen of the UK and Kenya, arrived…
Non-fungible tokens (NFTs) are growing everyday, and NFT DApps (Decentralized Applications) are at the forefront of this change. Built on blockchain platforms like Ethereum and Binance Smart Chain, these NFT DApps help with the creation, management, and trade of unique digital assets without central authority. Some Key features of NFT DAPPS include: Decentralization: NFT DApps operate on a blockchain, eliminating intermediaries and enhancing security and transparency. Digital collectibles: NFT DApps represent distinct digital items like art, music, virtual real estate, and in-game assets, ensuring their uniqueness and scarcity. Interoperability: NFT DApps allow seamless transfer of assets across multiple platforms and…
Recent Toncoin Analysis (TON) shows several promising signs that there’ll be long-term uptrend. Toncoin Analysis One of the notable signs, is the golden-cross formation, which occurs when a short-term moving average crosses above a long-term moving average. In the case of Toncoin, the 50-day moving average has crossed above the 200-day moving average. This pattern is often seen as a bullish signal by traders, showing that the price momentum is in favor of the bulls. Supporting this, is the Relative Strength Index (RSI), which is currently positioned at 62. The RSI is a momentum oscillator that measures the speed and change…
Donald Trump now owns over $32 million in crypto. Why did he change his mind about it? What’s in his portfolio? Keep reading to find out. Former US President Donald Trump has significantly invested in cryptocurrencies, now holding over $32 million in various digital assets. Donald Trump’s Early Investments in Crypto Trump’s interest in the crypto market began in 2022 with the launch of his Trump Trading Cards NFT collection. This was a considerable success, with 45,000 NFTs sold at $99 each. The follow-up ‘Mudshot Edition’ NFTs further boosted his crypto portfolio, allowing Trump to amass over 1900 ETH from…
Are you in search of a precise and perfect list of Web3 jobs you can apply for? Then not to worry today will show you our top web3 jobs list For 2024. Ranging from developers to writters, there are lots of Job opportunities in the web3 space. So if you’ve been missing out before now, it’s time for you to get serious! Sit back and enjoy this lovely read on our top web3 jobs list. Top Web3 Jobs List For 2024 Below is our customized top web3 jobs list, pulling the traffic this year. 1. Web3 Blockchain Developer Responsibilities: The…