Author: cointechies
The Pudgy Penguins NFT collection reached a low price of US$100,000 (AU$157,000), surpassing the price of Bitcoin and rising 194% in the past 30 days. The reason for the price hike is the scheduled launch of the official ecosystem token $PENGU on the Solana blockchain this month. Pudgy Penguins, a popular non-fungible token (NFT) collection, has achieved a low price of US$100,000 (AU$157,000), surpassing even the price of Bitcoin (BTC). According to CoinGecko data, the Pudgy Penguins collection has risen 194% in the past 30 days, and its current price is 26.98 Ether (ETH), marking the collection's highest price since…
XRP price has started a significant rise above the $2.25 resistance zone. The price has risen more than 10% and could aim for a move above the $2.50 resistance zone. XRP price has started a new rally above the $2.25 zone. The price is currently trading above $2.30 and the 100-hour simple moving average. On the hourly chart of the XRP/USD pair, the pair broke above the major bearish trend line with resistance at $2.215 (data source: Kraken). If the pair clears the resistance at $2.475, the pair could start to move higher. XRP price begins new rise XRP price…
Beam Foundation plans to launch Beam Ventures, a US$150 million venture fund in Abu Dhabi, to support blockchain gaming projects. Beam Ventures invests in blockchain infrastructure, GameFi, AI, augmented reality, and user-generated content startups and provides accelerator programs. Beam Foundation has announced its intention to launch a new venture fund in Abu Dhabi to support blockchain gaming projects. The fund, creatively named Beam Ventures, is expected to begin operations in the first half of 2025 with a capital pool of US$150 million (A$235 million), with funding from local investors. . Related Article: Microsoft Shareholders Reject Bitcoin Preparation Plan Citing Volatility…
Important points Brian Quintenz, who is involved in the a16z cryptocurrency, is a strong candidate for CFTC chairman in the new Trump administration. With Paul Atkins nominated as SEC Chairman, the Trump transition team is expected to announce the selection of a CFTC Chairman soon. Share this article President-elect Donald Trump's transition team has completed interviews for the post of Chairman of the Commodity Futures Trading Commission (CFTC), with Brian Quintenz, head of policy for the a16z cryptocurrency, selected for the post, according to a new report from Bloomberg. He has emerged as the most likely candidate. This was reported…
Check out the latest information in Spanish. Ethereum price has started a decent rise above the $3,650 zone. ETH is currently on the rise and could aim for a move above the $3,900 resistance zone. Ethereum started a decent rally above $3,650 and $3,680. The price is trading below the 100-hour simple moving average at $3,750. On the hourly chart of ETH/USD (data feed via Kraken), the pair has broken above the major bearish trendline with resistance at $3,720. If the pair clears the $3,850 and $3,900 resistance levels, the pair could continue higher. Ethereum price aims for further rise…
Bitcoin (BTC) has shown great momentum so far this market cycle, but recent insights suggest liquidity sources other than Coinbase may be driving the trend. CryptoQuant analyst Mignole provided an in-depth analysis of the Bitcoin market in particular, highlighting the role of major exchanges such as Coinbase and Binance in the ongoing bullish cycle. Liquidity dynamics and the changing role of exchanges In a recent post on the CryptoQuant QuickTake platform titled “Coinbase’s dominance remains low,” Mignole considered the trajectory of Coinbase’s influence on Bitcoin price movements. The analyst emphasized that Coinbase played a key role in the early stages…
Important points Vancouver City Council has approved a motion to make the city “Bitcoin friendly.” Mayor Sim has advocated for Bitcoin as a way to protect the city's purchasing power from inflationary pressures. Share this article Vancouver City Council has given the green light to a proposal to consider incorporating Bitcoin into city finance operations, including the possibility of holding Bitcoin as a reserve asset and accepting it for payments.The motion, introduced by Mayor Ken Sim, was passed with the support of six councilors at Wednesday's City Council meeting, effectively ordering city staff to consider the feasibility of making Vancouver…
Bitcoin price continues to find support above the $95,500 zone. BTC has risen over 5% and is currently trading above the $100,00 resistance zone. Bitcoin has started a new rally above the $97,500 zone. The price is trading above $98,800 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), the pair broke above the major bearish trend line with resistance at $97,500. The pair is likely to correct some gains before attempting to break above the $102,000 resistance zone. Bitcoin price regains strength Bitcoin price has formed a base and started…
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