The Business & Technology Network
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Seasoned trader Peter Brandt says Bitcoin (BTC) is flashing a common bull market pattern that typically precedes a burst to the upside. The trader, who gained legendary status after calling the 2017 Bitcoin collapse, says BTC may soon rally to around $80,000 as it threatens to take out its short-term diagonal resistance. However, Brandt warns that BTC may witness a significant correction after...
April 9, 2024 – Dubai, United Arab Emirates Flare, the blockchain for data, has announced the launch of the Raindex desktop app – a new intents-like DEX that uses the FTSO (Flare Time Series Oracle) to offer the advanced trading operations of CEXs (centralized exchanges). Users can now set bid and offer prices, activate stop loss and take profit mechanisms and replicate other traders’...
A top crypto strategist who’s been making timely altcoin calls as of late thinks that one Ethereum (ETH) challenger is close to printing a local bottom. Pseudonymous analyst Bluntz tells his 254,000 followers on the social media platform X that he’s bullish on Solana (SOL). According to the top trader, he sees Solana carving a bottom against Bitcoin (SOL/BTC) at around 0.0025 BTC ($179.57)...
Prominent decentralized exchange (DEX) aggregator 1inch is announcing a major partnership with payments giant Mastercard to create a debit card that will allow consumers to make purchases with either crypto or fiat funds. 1inch (1INCH) is announcing the launch of a partnership with Mastercard and Crypto Life to create a web3 debit card. According to the announcement, the debit card will be...
A widely followed crypto analyst is warning that the digital asset market could decline this quarter if the Fed starts cutting rates. In a new video update, crypto strategist Benjamin Cowen tells his 797,000 YouTube subscribers that if altcoins start breaking down against Bitcoin (BTC), it could indicate the start of a market correction due to recessionary pressures. “Will Bitcoin rally beyond...
A closely followed crypto trader is warning that the digital asset market may be overheated and lacking new liquidity. Pseudonymous trader The Flow Horse tells his 209,800 followers on the social media platform X that the crypto market may decline while heading into the halving event when Bitcoin (BTC) miners’ rewards are cut in half. The halving event is expected around April 20th. “Quick...
A South Korean city is reportedly planning to seize the digital assets of more than 5,000 residents who owe back taxes. According to a new Daegu Shinmun report, the Nam-gu (south district) Office in Pohang intends to go after digital assets owned by residents who owe more than 500,000 won or $369 in taxes. Officials believe 5,208 tax delinquents appear to have digital assets on four South Korean...
A new layer-1 (L1) Ethereum Virtual Machine (EVM) compatible blockchain is raising hundreds of millions of dollars in funding. According to a new announcement from Monad Labs, the Monad blockchain, a new EVM-compatible L1, aims to increase EVM-based transactions per second (TPS). “The EVM is the ubiquitous standard of web3; over 96% of all capital in DeFi (decentralized finance) is in EVM apps....
April 9, 2024 – Georgetown, Cayman Islands Developer DAO, Raid Guild and Chainstack will bring their respective networks and distribution to POKT Network, providing more developers with read and write access to over 60 blockchains by building on top of POKT Network’s decentralized infrastructure. POKT Network, the user-governed platform building a universal RPC base layer, announced today the...
April 9, 2024 – Singapore, Singapore Comprehensive security checks are now possible at only 10% of the traditional cost. The price and report creation is 10 times faster and cheaper than traditional firms. This firm has optimized for projects that ‘want to audit contracts but have limited budgets’ or ‘wish to conduct an initial audit during the development stage.’ Bunzz, a Singapore-based Web...