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Binance Margin expands its offerings with new trading pairs on Cross and Isolated Margin, enhancing user experience and trading strategies. (Read More)
BitMEX has introduced changes to Minimum Price Increments, Lot Size, Base Initial Margin, and Maintenance Margin for several contracts. (Read More)
Binance Futures has announced updates to the leverage and margin tiers for several USD-M and COIN-M perpetual contracts, effective from September 4, 2024. (Read More)
Bitcoin has surged past $65,000, boosted by Chinas stimulus measures and stablecoin inflows.
The French website offers NFTs for fantasy sports team competitions and as collectibles.
Binance introduces a Margin Trading Learn & Earn course with USDC rewards for eligible users, available from September 26 to October 10, 2024. (Read More)
The Hamster Kombat team said that 2.3 million users were banned from the game for cheating.
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.
Avalanche has experienced an impressive 25% surge since Wednesday, driven by the Federal Reserves announcement of a 50 bps interest rate cut. This has pushed AVAX to a critical resistance level, which will likely shape its price action in the coming weeks. Currently trading near $28, the token is testing a key supply zone that has analysts and investors paying close attention to its next move. Related Reading: Bitcoin Indicator Signals Shift To Bullish Territory Can BTC Break Past $65,000? Many market participants are optimistic, projecting that a break above this resistance could pave the way for an aggressive rise in AVAXs price. This would likely push AVAX into a new uptrend, potentially leading to fresh highs and even a 50% surge for the token. However, if Avalanche fails to break through this level, it risks a pullback that could see prices retest previous support levels. Analysts are highlighting this moment as crucial for determining AVAXs market direction, as broader crypto sentiment has turned more bullish following the Federal Reserve’s recent decision. With increasing trading volume and investor interest, the next few days will be key in establishing whether Avalanche can sustain its momentum or face a short-term correction. Avalanche Testing Key Supply Levels Avalanche has been one of the top-performing altcoins in recent days, showing impressive strength amid a broader market surge. This recent momentum could be just the beginning of a more significant move for AVAX, as analysts and investors are projecting even larger gains if the token continues to break through key supply levels. One of the most respected figures in the crypto space, Carl Runefelt, shared a bullish technical analysis of Avalanche on X, stating that AVAX has broken out of a falling wedge pattern, a classic indicator of bullish price action. According to his analysis, AVAX successfully retested the wedge and is now targeting medium-term price levels. Runefelts price targets for AVAX are $28, $33, $41.30, and $54, each representing crucial supply zones that the token needs to surpass to continue its upward trajectory. If AVAX hits $41.30, it will reflect a 50% surge from its current price, marking significant progress. Related Reading: Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near? Currently, Avalanche has formed a new high, confirming its strength. While the price may consolidate before making its next move, many investors believe that this consolidation could be a stepping stone toward a larger surge. With broader market sentiment turning positive after the recent Federal Reserve interest rate cut, AVAX is well-positioned to continue climbing, especially as more investors look to capitalize on its strong technical setup. If AVAX can maintain this momentum, it could potentially lead to significant gains in the medium term. Price Levels To Watch AVAX is currently trading at $27.39 after testing the daily 200 exponential moving average (EMA) at $28.66. The token has experienced an impressive 40% surge since early September, pushing it closer to crucial supply levels that will likely shape the price action in the coming weeks. For bulls to maintain momentum and extend the rally, AVAX needs to break through the $28 resistance and reclaim the 1D 200 EMA as support. Doing so would signal a more sustained uptrend and position AVAX for further gains. Related Reading: Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH Price Targets Revealed However, if the price struggles to hold above the $25 mark, a deeper correction could follow, bringing short-term bearish pressure. Despite this risk, there remains a possibility for AVAX to consolidate between $25 and $28, giving the token room to gather strength for a more significant surge in the near future. Investors are closely watching these levels as the market seeks direction. Featured image from Dall-E, chart from TradingView
Charles Hoskinson plans to meet with Argentina President Javier Milei to discuss how blockchain can rewrite global economic and political systems.
Binance Futures updates leverage and margin tiers for multiple USD-M Perpetual Contracts, effective September 18, 2024. (Read More)
Binance will remove various cross and isolated margin trading pairs on September 24, 2024, impacting CHZ/FDUSD, CLV/BTC, and RAD/BTC pairs. (Read More)
The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration.
After Morgan Stanley’s move, Wells Fargo is ready to launch Bitcoin ETFs. This is to address the increasing…
Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full HODL.
Binance announces a limited-time zero maker fee promotion for VIP 6-8 users on USD-margined futures, effective from August 7 to October 16, 2024. (Read More)
Searching for that ideal crypto trading app for margin trading can feel overwhelmingly complex, almost like exploring a labyrinth. Without a doubt, the leverage ratios and security measures are two crucial factors to consider when picking an app. Through my journey of thoroughly examining this landscape, Ive pinpointed apps that strike the right balance between […]
BitMEX will implement changes to minimum price increments, lot size, base initial margin, and maintenance margin of several contracts on September 6, 2024. (Read More)
Binance Margin has announced the addition of new trading pairs on both Cross and Isolated Margin, enhancing trading options for users. (Read More)
Margie Cheesman investigated a blockchain charity project for more than a year but found that the technology seemed to cause more problems than it solved.
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