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Thinking Crypto
Thinking Crypto
🚨REDDIT BUYS BITCOIN & ETHEREUM, MATIC - KRAKEN SUES SEC & ELIZABETH WARREN PANICS OVER JOHN DEATON!
3 days ago
MarsNext
MarsNext
followers

👉👉👉 #BREAKING : Reddit Announced That It Converted Its Excess Cash into Bitcoin and Ethereum! In a recent announcement, social media giant Reddit disclosed its decision to convert its surplus cash into Bitcoin and Ethereum, with plans to continue this strategy moving forward. Additionally, Reddit has expanded its payment options by adding #Ethereum and $MATIC assets for the purchase of certain virtual products on its platform. The news of Reddit's intention to go public surfaced with the submission of paperwork for an initial public offering (IPO) in the United States on Thursday. This development marks a significant milestone for Reddit, coming almost two decades after its inception. While #Reddit was valued at $10 billion in a financing round in 2021, the specific valuation the company aims to achieve during its upcoming share sale remains undisclosed. Source - en.bitcoinsistemi.com #CryptoNews #BinanceSquare

2 days ago
TrendX研究院
TrendX研究院
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📢 TrendX Hot News | 2024.2.23 🔥@a16z invests $100 million in crypto startup Ethereum Redemption Protocol @eigenlayer. 🔥@Ronin_Network public chain is suspected of being hacked! Approximately 3 million $RON tokens (approximately $10 million) were stolen. 🔥@SmartLayer opens the door to $SLN airdrop. The total amount of SLN token airdrop is 2% of the total supply. 🔥Binance invests in EigenLayer-based Ethereum liquidity re-staking protocol @RenzoProtocol 🔥Ethereum Capital Flow Protocol @Superfluid_HQ completed US$5.1 million in strategic financing. 🔥Stablecoin issuer Circle announced that USDC has been listed on the Celo mainnet. 🔥Uniswap launches the ENS-based subdomain uni.eth, which users can claim for free on mobile devices. 🔥 Starknet: StarkGate 2.0 mainnet is online. 🔥Binance Inscription Market has launched a 6-week airdrop event, and qualified users will share over $1 million in tokens. 🔥Scroll releases the "Scroll Saga: The Prelude" points mission on Galxe, which ends in mid-March.

2 days ago
Coinpedia
Coinpedia
followers

The post Ethereum Flashes Bearish Signals: Here’s Where It May Reach If Bulls Fail to Defend the Support appeared first on Coinpedia Fintech News The crypto markets are swinging into a strong consolidation phase. While the Bitcoin price is feared to drop below $51,000, & Ethereum price sticks above $2950. With this, the market participants could be hopeful of the token surpassing $3000 any time from now on. But, unfortunately, the second largest crypto appears to be preparing to offer another buying opportunity, probably below $2,600 very soon.  The ETH price traded within an ascending pattern, forming consistent higher highs and lows, which indicated a growing strength among the bulls. The latest trade set-up suggests the price is preparing to either be stagnant for a while or initiate a fresh bearish case. However, the latter possibility appears to be more likely, as the formed candlestick pattern suggests a trend reversal may have materialised. After marking the highs above $3000, as a result, it formed a ‘Bearish hammer’, with the close of the candle being higher than the open. Moreover, the previous day’s trade witnessed enough competition between bulls and bears, which formed a ‘Doji Candle’. Doji candles usually occur at the end of uptrends and signal bearish reversals. However, the ETH price has been facing acute bearish pressure since the early trading hours, which has validated the beginning of a fresh descending trend.  Additionally, the RSI formation also substantiates the bearish claims as it is plunging after marking the highs above 82. If the levels drop below the threshold at 70, then the Ethereum bulls could lose their grip on the rally, compelling the price to test the support zone between $2392 and $2446. If the bulls fail to hold the rally at these levels, then the ETH price may slide down towards a lower target. However, this appears to be more unlikely.  Collectively, the Ethereum (ETH) price continues to trade within a decisive phase where a drop below $2900 may trigger a fresh bearish case while a rise above $3000 may trash all these possibilities. 

2 days ago
TokenInsight 中文
TokenInsight 中文
followers

Venture capital firm Andreessen Horowitz has invested $100 million in Eigen Labs, the core development team behind ethereum re-staking project EigenLayer, the news was first reported by Bloomberg on Thursday. EigenLayer subsequently announced the investment in a blog post, with Ali Yahia, general partner at Andreessen Horowitz’s blockchain-focused investment fund a16z crypto, confirming that the firm had led the Series B round. “We are excited to partner with [EigenLayer founder] Sreeram [Kannan] and the entire team to build a platform where a new dimension of open innovation can take place on Ethereum,” Yahiya said. EigenLabs previously closed a $50 million Series A funding round in March 2023, led by Blockchain Capital, with participation from Coinbase Ventures and Polychain Capital, among others. “We believe that by further unbundling crypto-economic security from EVM, EigenLayer has the potential to achieve 1

3 days ago
Bazeghar
Bazeghar
followers

🛑🛑🛑Strk urgent urgent very urgent update🎉🎉🎉 👉So there is 1 more good news for strk pumping now developer change shedule of unlocking coin due to less coin in circulation it will pump now this decision is taken after criticism from community 👉Starknet's STRK Token Rises 10% After Team Reduces Token Unlocking Schedule According to CoinDesk, Starknet's STRK token saw a 10% increase on Thursday after developer firm StarkWare decided to significantly reduce the number of tokens allocated to the team scheduled to unlock in April. This decision came in response to heavy criticism from the community. Earlier this week, the Ethereum layer-2 project airdropped over 700 million tokens to early users, contributors, and other targeted groups, with additional disclosures that developers and investors might be able to start selling much of their own allocations as early as next month. The market capitalization of the tokens, based on the circulating supply, is currently around $1.44 billion. 👉StarkWare, the primary developer behind Starknet, a layer-2 blockchain atop Ethereum, announced the change in an emailed statement. Under the new schedule, 0.64% of the 10 billion tokens initially minted will unlock on April 15, instead of the planned 13.4% (1.34 billion tokens). The gradual unlock will continue at a pace of 0.64% (64 million tokens) monthly until March 15, 2025, after which it will change to 1.27% (127 million tokens) monthly for the next 24 months until March 15, 2027. According to StarkWare, under the new unlock plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024, as opposed to 2 billion of those tokens under the previous schedule. An additional 1.4 billion tokens will be gradually unlocked by the end of 2025, another 1.5 billion will be unlocked by the end of 2026, and 380 million will be unlocked by March 15, 2027. 👉Stay tuned for more rise #Write2Earn #Portal #strk #BTC $STRK

3 days ago
CryptoNewsLand
CryptoNewsLand
followers

XRP’s price experienced an 8% retracement to $0.53 but showed resilience amidst selling pressure. Despite lagging behind rival coins like Avalanche and Ethereum in gains, XRP saw a 7.4% increase. The trading volume for XRP dropped by 73.2% from its peak on February 15 to 22, indicating a decline in trading activity. XRP experienced a notable setback, declining by 8% to a weekly low of $0.53 on February 22nd. However, amidst this downturn, traders displayed resilience, signaling an intent to hold out for a potential rebound. A week earlier, XRP had surged to a peak of $0.58 on February 15th, driven by favorable conditions within the layer-1 crypto sector. Despite slipping below $0.55 in subsequent days, investors refrained from instigating a significant sell-off. Source: TradingView This behavior mirrored trends in other layer-1 coins like Avalanche, Solana, and Ethereum, which all witnessed substantial gains. While XRP trailed its counterparts with a 7.4% uptick, it still reached a monthly high before its retracement. On-chain data analysis revealed a prevailing bullish sentiment among XRP holders, even amidst the price decline. Notably, trading volume plummeted by 73.2% between February 15th and 22nd, while the price only dipped by 8%, indicating underlying investor confidence and anticipation of a rebound. Factors such as the overall growth in the altcoin market cap, coupled with historic peaks in Bitcoin and Ethereum prices, further supported optimism for XRP’s recovery. However, challenges remain, with resistance seen around the previous peak of $0.58 and crucial support at the $0.50 mark. The coming days will determine whether XRP bulls can defend key levels and drive the price towards a potential breakout above $0.60 or if bears will exert pressure, leading to further declines. Read also: XRP’s Path to $1.87: Expert Analyst Predicts 269% Rally Despite Recent Setbacks How Top Analyst’s Long-Term Outlook Fuels XRP Enthusiasm: $0.8888 & $1.0507 Predictions XRP’s Potential Rebound: Top Analyst Sets Targets from $0.60442 to $1.88 XRP’s Cup & Handle Pattern: A Bullish Signaling for $1.05 & $1.88 Targets XRP’s Potential $3.39 Increase, Analyst Weighs In The post XRP Bulls Stand Firm as Price Dips: Will $0.50 Be Defended? appeared first on Crypto News Land.

3 days ago
Coinpedia
Coinpedia
followers

The post Ethereum, Shiba Inu, and BEFE Coin Price News: Has the Bull Run Started? appeared first on Coinpedia Fintech News In the ever-evolving landscape of cryptocurrency, the recent price movements of Ethereum, Shiba Inu, and the up-and-coming meme coin that has caught the attention of investors. As we dissect the current market trends, the question on everyone’s mind is whether this signals the beginning of a significant bull run. Ethereum’s Soaring Heights: Ethereum, currently priced at $2,935.59, has experienced an impressive 18.96% surge in the last month. The second-largest cryptocurrency by market capitalization, Ethereum’s upward trajectory reflects the growing confidence in its smart contract capabilities and Ethereum’s pivotal role in decentralized finance (DeFi) applications. As Ethereum reaches new heights, investors are curious to see if this momentum is sustainable. Shiba Inu’s Ripple in the Market: Alongside Ethereum, we have Shiba Inu. Shiba Inu, with its current price at $0.000009837, has shown a modest 2.68% increase over the past month. Known for its Shiba-themed community and ambitious plans, Shiba Inu is no stranger to volatility. The recent uptick has fueled speculation about whether Shiba Inu is gearing up for a more substantial market presence. Can Shiba Inu ride the waves of momentum and establish itself as more than just a meme coin? As Ethereum, and Shiba Inu exhibit notable price movements, speculation about a potential bull run looms in the air. Ethereum’s established position, coupled with Shiba Inu’s resilience, is creating an atmosphere of anticipation among crypto enthusiasts. BEFE Coin: The Newcomer’s Surge: BEFE Coin, currently valued at $0.0004556, has emerged as a new player in the crypto arena. Fueled by Bitgert blockchain technology, BEFE Coin stands out with its high-performance transactions and cross-chain interoperability. Recent positive movements suggest that BEFE Coin is gaining traction among investors. With its unique features and promising outlook, BEFE Coin is positioned as an intriguing participant in the ongoing crypto narrative. The recent movements of Ethereum, Shiba Inu, and BEFE Coin spark excitement and speculation. Whether this signifies the start of a substantial bull run remains to be seen, but one thing is certain – the crypto journey continues to be thrilling.

5 days ago
深南路老九
深南路老九
followers

It's late at night, and Wall Street elites are about to go to work. Just now, some strong news came from the crypto market, two of which are positive, and one of which is neutral. I don't have time to go into details, so let everyone see it together! 1. The focus of institutions has turned to Ethereum. Since the beginning of this year, Ethereum has grown more than Bitcoin! Ethereum has gained more than Bitcoin this year amid speculation that a spot ETF could be launched. Auntie has already shown a positive trend this year, and everyone predicts the arrival of the next wave of exchange-traded funds (Ethereum ETF). 2. The Hong Kong government proposes a licensing system for stablecoins and over-the-counter crypto transactions! The Hong Kong government aims to submit a licensing bill on stablecoins and over-the-counter (OTC) crypto trading frameworks to regulate the cryptocurrency industry and strengthen investor protection. 3. Huobi HK applied for a virtual asset platform license in Hong Kong and is an independent operator of Huobi HK! Information from the official website of the Hong Kong Securities and Futures Commission (SFC) shows that “Huobi HK” submitted a formal application for a virtual asset trading platform to Hong Kong on February 20. The platform is operated by “HBGL Hong Kong Limited”. Regarding this news, the cryptocurrency exchange Huobi (HTX) has not yet issued any official statement. #BTC #ETH #热门话题

3 days ago

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