Author: dfrancis36

[ad_1] FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion,…

[ad_1] EigenLayer, a popular provider of decentralized infrastructure, has declared a noteworthy improvement to the security of its EiganDA platform. The primary aim of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting Whitelist Security mechanisms in place. EigenLayer’s EigenDA Platform Undergoes Security Advancement During the weekend, EigenLayer’s EigenDA announced its plans to enhance the platform’s defense mechanism with Whitelist Security measures to fight against looming Sybil and DDoS attacks. This action is a part of Eigenlayer’s larger plan to strengthen its network against possible weaknesses and offer users and developers a…

[ad_1] Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone. 91,000 Crypto Traders Lose $282 Million Amid Bitcoin Crash Data from Coinglass has shown that tens of thousands of crypto traders have lost their leverage positions in the last day, leading to hundreds of millions of dollars in liquidations. This comes with the decline in the…

[ad_1] FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion,…

[ad_1] This month of June has been one to forget for Bitcoin and its investors, with the flagship crypto experiencing significant price declines. A recent development shows that Bitcoin miners were largely responsible for these price drops with a wave of sell-offs from them.  Bitcoin Miners Sold At An Alarming Rate Market Intelligence platform IntoTheBlock revealed in an X (formerly Twitter) post that Bitcoin miners have sold over 30,000 BTC ($2 billion). This is the fastest pace in over a year at which these miners have offloaded their BTC holdings. IntoTheBlock added that this wave of sell-offs has been prompted…

[ad_1] This week in crypto, the market is poised at a crucial juncture with several significant developments on the horizon. These are the top 5 cryptocurrencies to keep an eye on in the upcoming days. #1 Bitcoin: Testing Critical Price Levels Bitcoin’s recent descent below the $61,000 mark has led to a wave of fear and uncertainties. The cryptocurrency is now at what is known as the golden pocket, a critical Fibonacci retracement level that often indicates significant market reactions. Daan Crypto Trades (@DaanCrypto) highlighted the importance of this level, stating, “Bitcoin arrived at the golden pocket Fibonacci retracement level.…

[ad_1] A closely followed crypto analyst thinks it’s almost time for altcoins to witness the steepest leg of the bull market. Pseudonymous analyst TechDev tells his 460,100 followers on the social media platform X that the Bitcoin dominance (BTC.D) chart is flashing a massive bearish reversal signal. The BTC.D index tracks how much of the total crypto market cap belongs to Bitcoin. A bearish BTC.D chart suggests that altcoins are about to outperform Bitcoin. According to TechDev, BTC.D is showing a bearish divergence on the five-day chart, indicating that Bitcoin is losing momentum against altcoins. “The building five-day bearish divergence…

[ad_1] Solana (SOL) has been caught in the crypto current, tossed back and forth by recent market volatility. After an impressive rally earlier in 2024, SOL has dipped by 13% over the past week, leaving investors wondering what lies ahead. Related Reading Technical analyst, Patel, believes he may have charted a course for the high-speed blockchain’s future, and it involves a refreshing beverage. Examining the weekly SOL/USDT chart, Patel identifies a classic “Cup and Handle” pattern, a bullish indicator that resembles, well, a cup and its handle. Frothy Past, Steady Handle: A Recipe For A Breakout? The “cup” portion of…

[ad_1] Defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines.JUST IN: Bankrupt Mt. Gox will begin $9 billion #Bitcoin repayments in July 👀 pic.twitter.com/Rph2AupnTY— Bitcoin Magazine (@BitcoinMagazine) June 24, 2024 “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation Plan,” trustee Nobuaki Kobayashi said in a statement posted on the Mt. Gox website today.”The repayments will be made from the beginning of July 2024,” Kobayashi added, noting due diligence and safety steps are still required.Mt.…

[ad_1] Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling pressure.  This shift has seen Bitcoin struggling to maintain higher levels, triggering anxiety among investors and traders. As the bears take control, the $60,000 threshold becomes a focal point, with many watching closely to see if the crypto asset can find support or continue its downward trend. With the help of technical indicators, this analysis focuses on analyzing Bitcoin’s current price action and…