Crypto analyst “Carl from the Moon” recently identified a promising bull flag pattern on Bitcoin’s weekly chart. If validated, this pattern could propel Bitcoin’s value to $40,000. A bull flag is a positive indicator in chart analytics, characterized by a sharp, upward trajectory followed by a shorter, consolidating phase. This consolidating phase is attributed to […]
Bitcoin is set to receive a major security upgrade with the integration of the Bitcoin Improvement Proposal (BIP) 324. This proposal will help protect the Bitcoin network from man-in-the-middle attacks and increase user privacy. It will also introduce a new handshake protocol, DoS prevention measures, and forward-secrecy. Notable figures in the Bitcoin arena have expressed […]
Asia is leading the Bitcoin trading market, with caution in the U.S. and E.U. markets. Glassnode’s estimates have revealed that trading activity in one region can significantly affect Bitcoin’s global price movements. Using this data, CryptoSlate has discovered a region that is driving a surprising Bitcoin price surge. This could potentially shift the perception of […]
Memeinator (MMTR) has launched its presale, raising over $590k in just days. The AI-powered project aims to provide genuine utility and value to crypto meme users, and is on track to reach a $1 billion market cap. The meme cryptocurrency space has grown exponentially over the past two years, with Dogecoin and Shiba Inu leading […]
Shiba Inu (SHIB) has seen a surge in demand from fresh investors, with the network having facilitated approximately 11.1 million transactions since its inception. The Shiba Inu ecosystem was valued at about $7.29 billion with the liquidity on Uniswap V3 WETH pool at about $1.2 million and approximately $4.8 million via the ShibaSwap ecosystem.Fresh wallets […]
Ethereum’s network fees have dropped to some of their lowest levels in recent months, with an average of $1.13 recorded this week. According to crypto analytics firm Santiment, this could be a sign that ETH is preparing for a price rebound.The last time Ethereum gas fees went below $1.15, ETH experienced a price bottom, which […]
CoinDCX, an Indian cryptocurrency exchange, has announced the expansion of its self-custody wallet Okto by integrating the major on-ramp platform Transak. This integration will allow users to buy cryptocurrencies such as Bitcoin directly on Okto, using a variety of fiat currencies. The wallet now supports more than 155 jurisdictions, up from the previous 60.The integration […]
Poolz Finance has recently launched ‘Poolz Boost’, a Quest-to-Earn platform designed to revolutionize the campaign system in the cryptocurrency and NFT space. This platform offers a more effective and cost-efficient campaign outlet, ensuring that each campaign reaches its intended audience and fostering genuine engagement.The Web2 advertisement industry has been plagued with challenges, including breaches of […]
Kraken, a United States-based cryptocurrency exchange, has announced a pending deal to acquire Coin Meester B.V. (BCM), a Netherlands-based cryptocurrency exchange. The financial details of the deal have not been disclosed, but the acquisition is likely due to the European Union’s (EU) establishment of its Markets in Crypto-Assets (MiCA) regulatory framework. Kraken plans to expand […]
MakerDAO’s decentralized stablecoin, DAI, has seen remarkable growth recently, with its Total Value Locked (TVL) surpassing the $1 billion mark. This success is largely attributed to the DAI Savings Rate (DSR), which offers an impressive 8% Annual Percentage Yield. Maker’s treasury has also grown to $171.61 million, with its native MKR token constituting 52.12% and […]
