Day: April 1, 2024

Bitcoin and Ethereum rally corrects as interest in Kelexo grows

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the market corrections of Bitcoin and Ethereum, Kelexo (KLXO) captures the interest of investors looking for new lending solutions, promising a platform for instant crypto borrowing and lending.  As Bitcoin (BTC) hovers around $68,000 and Ethereum (ETH) experiences a rally, interest in lending opportunities provided by Kelexo (KLXO) is burgeoning among crypto investors. In the midst of these price movements, Kelexo emerged as a promising contender for investors…

Traders Not Showing Dogecoin FOMO, Good Sign For Rally?

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On-chain data suggests traders haven’t been showing FOMO towards Dogecoin despite the latest rally, a sign that could be positive for its continuation. Dogecoin Total Amount Of Holders Has Remained Flat Recently According to data from the on-chain analytics firm Santiment, FOMO, which would normally be associated with tops, has been absent from the Dogecoin market recently. The indicator of relevance here is the “Total Amount of Holders,” which, as its name suggests, keeps track of the total number of DOGE addresses that are carrying a non-zero balance right now.…

Bitcoin Flash Crash Washes Out 81,000 Crypto Traders For Over $220 Million

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Bitcoin has started out the new week on a rather bearish note after a flash crash sent the price below $69,000 once more. There has since been some recovery in the price of the largest cryptocurrency in the space. However, the damage has already been done as tens of thousands of crypto traders were flushed out of their leveraged positions as a result. 81,000 Crypto Traders Lose $220 Million The Bitcoin flash crash hit support just above $68,800 but crypto traders are already feeling the brunt of the large move.…

12 Future Bitcoin Scenarios: From Bullish to Bearish

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Johnston gives a quick example. “Let’s say I wanted to earn native bitcoin yield, with no wrapping, no bridges, and no third parties.” This is tough for a layperson. (Not that a layperson would ever say the words “native bitcoin yield,” but you get the picture.) With AI-empowered bitcoin, says Johnston, you could just say something like, “I want my bitcoin to earn some yield in a safe and decentralized manner,” and it would do the research to find solid, reputable, non-custodial solutions, and “not some crap that a YouTube…

Bitcoin Weekly Range Breakout Signals Potential Upsurge: Analyst

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Popular cryptocurrency analyst and enthusiast Rekt Capital has delved into the recent performance of Bitcoin (BTC) citing the beginning of a breakout process from a weekly range that could possibly lead to an upswing. Bitcoin Begins The Breakout Process Rekt Capital previously highlighted that Bitcoin has been wedged within a weekly range he dubbed Black-Black, ever since it witnessed about 18% correction. The candle-bodied peak from 2021 and the upside-wicking peak from 2021 basically created this weekly range. He then claimed that regaining the $69,200 Range High for Bitcoin could…

Bitcoin wallet UniSat warns of fake Apple iOS app

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UniSat warns users of a malicious Bitcoin wallet hosted on Apple’s app store as BTC exchanged hands 5% below the asset’s all-time high.  On April 1, Bitcoin (BTC) wallet provider UniSat alerted the cryptocurrency community to a fake iOS app version of its decentralized digital asset storage solution. The imitation, dubbed “unisatWallet,” is provided by Zunyi Yibai Network Technology.  It’s unclear how long the app has existed on Apple’s application marketplace, and crypto.news could not verify the persons behind Zunyi Yibai. As of this writing, the app also had no…

Thailand’s Top Crypto Exchange to Go Public in Expansion Plans

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Bitkub Capital Group Holdings, the parent company of Thailand’s largest cryptocurrency exchange Bitkub, has announced plans to go public in 2025. The company has hired financial advisors for the impending transition. According to a recent interview quoted by Bloomberg, Bitkub’s CEO, Jirayut Srupsrisopa, unveiled the ambitious strategy. Srupsrisopa noted that the company will be listed on the Stock Exchange of Thailand to enhance its visibility and raise capital for business expansion. As Bitkub prepares for its IPO, competition in Southeast Asia’s crypto market is heating up. Rivals such as Binance…