Day: July 10, 2024

Avalanche Aims Higher As Price Continues To Gain Pace Above $23.50

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After recently surpassing the $23.50 mark, the price of Avalanche (AVAX) has continued to show resilience moving higher with good momentum towards the $30.34 resistance level. This upward movement has signaled bullish sentiment among market participants and potential further gain for the crypto asset. As Avalanche continues to gain pace above $23.50, this article delves into providing an in-depth analysis of this recent price surge and its potential for further growth by examining current price actions and technical indicators focusing on the 4-hour and the 1-day chart.  At the time…

Bitcoin (BTC) Prices Hold Steady at $58.5K as Saxony Moves Another $300M in BTC

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“The market seems to be growing more comfortable with the outflows from Mt. Gox and the German government. The spot Bitcoin ETFs are now seeing strong inflows again, indicating signs of a trend reversal. This is further supported by the RSI, which shows that the undersold level we highlighted a few days ago was seen as an opportunity by investors,” Valentin Fournier, analyst at BRN, said in an email. Original

Sut rydyn ni’n helpu’r lluoedd heddlu i gydymffurfio gyda FOIA – a beth ni’n gwneud os nad ydyn nhw.

Phillip Angell Pennaeth Cwynion Rhyddid Gwybodaeth ac Apeliadau Mae’r hawl sylfaenol i holi awdurdodau cyhoeddus a’u dwyn i gyfrif yn un o gonglfeini’n democratiaeth. Bob dydd mae ein bywydau yn cael eu gwella wrth i wybodaeth gael ei rhyddhau sy’n ein grymuso i wneud dewisiadau gwybodus. Cymerwch sgoriau hylendid bwytai neu gyfraddau methu gwahanol fathau o geir yn y prawf MOT – ar un adeg roedd y rhain yn cael eu cadw o’r cyhoedd ond erbyn hyn maen nhw’n cael eu cyhoeddi, gan alluogi pobl i wneud penderfyniadau gwybodus.    A…

Crypto Exchange Volumes Dip 20% in June, But Huobi Bucks the Trend

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FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents Finance Magnates Pacific Summit 2024 (FMPS:24), is the premier event for the retail investing industry and fintech community in the Asia Pacific region. This dynamic platform connects global expertise, fostering growth and innovation across online trading,…

Malaysia lost over $755m due to illegal Bitcoin mining since 2018: report

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Malaysia’s largest electricity utility says it lost over $755 million due to illicit Bitcoin mining activities starting from 2018, significantly impacting the country’s energy sector. Tenaga Nasional Berhad (TNB), the largest electricity utility company in Malaysia, lost RM3.4 billion (over $755 million) in West Malaysia due to illicit Bitcoin mining activities from 2018 to 2023, The New Straits Times reports, citing Akmal Nasir, deputy minister of energy transition and water transformation of Malaysia. While Nasir admitted that crypto mining activities constitute a small fraction of total energy consumption, they had…

Polygon surpasses Bitcoin, Solana in daily NFT sales volume

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Polygon’s NFT sales volume surpasses Bitcoin (BTC) and Solana (SOL) as the non-fungible token (NFT) market gains momentum. According to data provided by CryptoSlam, the total NFT sales increased by 27% in the past 24 hours, reaching $18.21 million. The surge comes while the total number of transactions declined by 7%, currently sitting at 351,319.  This movement might show heightened whale activity in the NFT sector. NFT sales volume by blockchain – July 10 | Source: CryptoSlam Moreover, Ethereum (ETH) has been leading the NFT scene since late May. Per…

Labour’s Tulip Siddiq Named as UK City Minister, Will Oversee Financial Services, Crypto

“Properly regulated crypto assets have the potential to transform our economy and the financial services sector,” Siddiq, who represents London’s Hampstead and Highgate constituency, said in the article. “Many innovative companies are embracing different forms of blockchain technology to improve transparency in finance and to create high-skilled, high-productivity jobs across the UK.” Source

24% Drop In 30 Days Despite Bullish Sentiment

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The Layer-2 scaling solution for Ethereum, Polygon (MATIC), is currently going through a strange circumstance. The quantity of network activity has increased significantly, but the cryptocurrency’s price is still unpredictable. It’s stuck in a rut, held back by both a possible technical breakthrough and a chronically pessimistic outlook. Related Reading Polygon: Can Active Addresses Raise The Bar? Polygon’s network was humming on July 8th, with an astounding 1.18 million active addresses. For the same period, this easily outpaced Ethereum (365K) and Bitcoin (594K). The increase in user activity stoked expectations…

Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto Firm

Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with licenses as a virtual asset service provider and investment business in Jersey. This move aligns […] Source CryptoX Portal