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- Ethereum breakdown warning: this major level could trigger further downtrend
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Author: Vickie Helm
Despite the drop in BTC prices, the company has (at least on paper) made a huge profit of over $20 billion. Strategy – the software company co-founded by Bitcoin advocate Michael Saylor – has been establishing a buy-and-hold course of action for BTC over the past few years. The company has a tradition of announcing new purchases every Monday, a tradition that began after last year’s U.S. presidential election, and there were no surprises on this day. The company revealed on its official X account that it purchased 397 BTC for approximately $45.6 million, at an average price of $114,771…
important notesZKsync’s price soared 120% after Vitalik Buterin praised the project’s contribution to Ethereum’s scalability. This rise followed the announcement of ZKsync’s ‘Atlas’ upgrade, which introduces faster, more interoperable institution-level payments. ZKsync has confirmed that more than 30 major institutions have joined as observers for its new privacy-focused “Prividium” layer. ZKsync price rose 120% to $0.74 on Sunday after Ethereum co-founder Vitalik Buterin’s endorsement sparked strong market optimism. The move began Friday when ZKsync founder Alex Gluchowski announced the launch of the Atlas upgrade, citing institutional-grade scalability, interoperability, and transaction speed as key features. Gluchowski said the new update will…
Dogecoin’s Latest 2-week chart analysis shows that cryptocurrencies may be preparing A new explosive rally. According to Trader Tardigrade, a trader and market analyst, Dogecoin’s Relative Strength Index (RSI) is stable at the same level as before the price rally of the past two years. This technical observation is based on Dogecoin’s steady upward trend along the long-term support line since 2023 and indicates the current price trend. May be in the early stages of accumulation before the other foot is lifted. Related books Dogecoin RSI shows pre-breakout signal The RSI is an indicator that has consistently coincided with Dogecoin’s…
Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure According to recent technical analysis shared on X by crypto trader Incomesharks, Shiba Inu appears to be repeating a familiar market structure. The analyst highlighted how SHIB’s price history over the past two years reflects a cyclical pattern of short-term gains followed by long-term declines. As of this writing, SHIB is trading around $0.00001007 with little momentum. be free from That extended bearish grip. Is the Shiba Inu market structure bearish? Analyst daily candlestick time frame chart, track shiba inu Daily price movements since early 2024 provide a…
Opinion: Ram Kumar, OpenLedger Core ContributorThe cryptocurrency industry has spent a decade decentralizing itself. At the same time, AI companies have created the most valuable monopoly since Standard Oil, but they are data monopolies, by comparison of which their protocol advantages seem trivial. The AI industry is expected to generate over $300 billion in revenue by 2025, primarily through training models based on trillions of tokens collected from researchers, authors, and domain experts. Bitcoin largest fought a block size war. Ethereum discussed MEV extraction. Meanwhile, OpenAI, Google, and Anthropic have scraped the entire body of human knowledge and locked it…
Tech entrepreneur and billionaire Elon Musk is launching a standalone messaging app called XChat, which will compete with Telegram and WhatsApp, and is expected to be rolled out in the coming months. “With X, we’ve restructured the entire messaging stack into something called ‘X Chat,'” Musk said on the “Joe Rogan Experience” podcast on Friday. “We use a peer-to-peer based encryption system similar to Bitcoin. It’s very good encryption. We’ve tested it thoroughly.” Musk said he hopes the new messaging app will be released within “a few months,” adding that the app will not have any “ad hooks,” referring to…
Bitcoin price has rebounded slightly to $109,600 after falling to $106,000 yesterday, ending a tumultuous October for Bitcoin. Traders are now cautiously optimistic as the market moves from a failed Uptober rally to a historically strong November. Bitcoin fell more than 3% yesterday on renewed risk-off sentiment sparked by Federal Reserve Chairman Jerome Powell’s hawkish comments about future interest rate cuts and a flare-up in U.S.-China trade tensions. The decline widened a week-long slide that began after the Federal Reserve cut interest rates modestly by 25 basis points but signaled uncertainty about its December meeting. Bitcoin price was disappointing in…
Businesses and developers can now create and monitor automated wallets. This move adds agency-level features such as webhook alerts and MPC signatures. This collaboration improves the security, auditability, and programmability of enterprise wallets. Ethereum-based Layer 2 Starknet has officially integrated with Dfns, a well-known institutional wallet infrastructure provider. This move marks significant progress in bringing automated, auditable and secure wallet operations to the thriving STRK blockchain. This integration will allow businesses and developers to build and manage Starknet wallets through Dfns. This means real-time visibility, webhook automation, full DeFi and NFT compatibility, and policy-based governance. The wallet service provider says:…
Volatility has swirled in the price of XRP as investors weigh the impact of regulatory topics and new ETF moves. summary XRP is consolidating below $2.70 as investors wait for clarity on the potential launch of a U.S.-listed spot ETF. Canary Capital’s XRP ETF application could become effective automatically by November 13, reflecting the recent successful approvals of its Solana, Litecoin, and Hedera products. The $2.70 resistance remains crucial and a break above could establish new long-term support, but the risk of failure could lead to another downside if market momentum is weak. According to market data from crypto.news, XRP…
GHOST is bullish as privacy cryptocurrencies gain momentum. It has attracted big investors after rising more than 60% in the previous week. The alt maintains its bullish stance as the whale has accumulated 4.8 million tokens. While the entire crypto market is exhibiting significant selling pressure, GHOST is one of the few tokens on an upward trajectory. The digital token has grown over the past few sessions as privacy cryptocurrencies gain momentum and Zcash leads the trend. Meanwhile, GHOST’s impressive performance has attracted the attention of wealthy investors. For context, Alternatives has surged about 65% over the past seven days.…