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Ethereum (ETH) exhibited a dual-phased market movement in the last week rising by over 9% to reach a local peak of $2,711 on October 30, before declining by an almost similar measure. As the prominent altcoin now hovers around the $2,500 price mark, crypto analyst Ali Martinez has highlighted an important market condition that could ignite a price rebound. Ethereum Buy Signal Subject To Vital Price Support In an X post on November 1, Martinez stated that TD Sequential has indicated a buy signal on the ETH 4-hour chart. For context, the TD Sequential commonly used trading indicator to signal…

Este artículo también está disponible en español. Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week. This momentum has introduced a compelling shift in Dogecoin’s technical outlook, particularly with the Bollinger Bands on the DOGE/BTC chart. This interesting outlook was highlighted by crypto analyst Tony Severino, who pointed out that the Bollinger Bands have tightened to a degree not seen in years. In fact, Severino notes that the bands are now tighter than they…

On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712.363 BNB tokens (worth approximately $1.07 billion) were automatically burned in this quarter’s event. According to the foundation’s blog post, this quarter’s burning was (and subsequent token burning events will be) performed directly on Binance Smart Chain (BSC), with the burn amount sent to a “black hole” address. Can The Latest Burn Event Propel BNB’s Price…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Este artículo también está disponible en español. On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC).  Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024. This marks a significant achievement for the company, with total assets reaching an all-time high of $134.4 billion. Related Reading Another notable accomplishment in…

Online transfer (Southern Finland Province) service #uid-8hedbWttp5u4 Welcome back, user-id0797075376! Funds transfer initiated: Verify your request. Check details (Clickable) START_HASH SX-vCxldd4hzgLVVXRG8FebvN1vN1IqTt0u93 END_HASH Bitcoin Check: Receipt №: 49059988 Sender: Regional Online Bitcoin Payment Center Security HASH:SX-JkY3rkRffDOVFgUKRmd7sVZNYapnk5PSA3Um5q1iWZAapC49fOWTOkEG2r ⚠️ STORAGE TIME OF FUNDS: 24 hours! Best regards, Sophia Withdrawal Department E-Mail-Adresse * [email protected] How familiar would you say you are with the following concepts in cryptocurrency? Limited understanding with some familiarity Well-versed in the subject Average level of familiarity Expert-level comprehension Very well-informed Minimal understanding No knowledge at all What are the different mechanisms stablecoins use to maintain their value, and how do…

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid…

Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls.  This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract platforms like Ethereum and Solana. Polkadot Treasury Reserves Down To All-Time Lows Unyielding bears have been forcing prices lower over the months since DOT rose to around $10 in Q1 2024, depleting the Polkadot Treasury Reserves. In early November, one observer on X said they…

Este artículo también está disponible en español. Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be able to record a new ATH. Related Reading According to CoinGlass data from the crypto liquidations tracker, more than $296 million of active positions were liquidated in the last 24 hours.  Nearly 77% were long positions, indicating that…

There’s a overlap with this post and others but I’ll try to directly correct a couple of things here. Why do we have two types of connections, outgoing and incoming? To risk stating the obvious sometimes our node will make a request to connect to another node (outbound) whilst other times a node will make a request to connect to our node (inbound). In a healthy peer to peer (P2P) protocol you can’t really avoid having both outgoing and incoming requests. The extent to which outbound and inbound connections are treated differently by your full node is a more interesting…