Rare Ape CryptoPunk sells for $1.5M amid market downturn
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.
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CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.
Christopher Wilson addresses critical issues in financial investigations at the GIR Live: Asia-Pacific Investigations Summit 2024. (Read More)
Data shows metrics related to Shiba Inu have seen rapid growth alongside the meme coin’s 34% surge, a potential sign that FOMO is developing among investors. Shiba Inu Has Seen An Uptick In Activity With Its Latest Rally In a new post on X, the analytics firm Santiment has discussed how the various indicators related [...]
The post Shiba Inu Rallies 34%, But Will FOMO End The Rally? appeared first on Crypto Breaking News.
Toppers on-ramp entrance to Ledger Live comes at a time when Ledger supports only one off-ramp solution.
An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset’s price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about the next potential Bitcoin top. The “Long-Term Power Law” here refers to a BTC price model created by Bitbo. The model involves three lines, the main one being the “power law,” which is derived by taking a linear regression of the historical BTC price. “This power law is just a straight line to represent the correlation between Bitcoins price and time,” notes Bitbo in the model’s description. Related Reading: Bitcoin MVRV Ratio Is At A Critical Retest: Can Bulls Triumph? The other two lines of the model are just replicas of the power law, with the only difference being how they are arranged on the chart. One of these lines is placed under the power law just enough that BTC’s historical price either stays above it or touches it. This level of the model is called the support line. Similarly, the other line sets an upper boundary on the cryptocurrency’s price and is known as the resistance level. Now, here is a chart that shows the trend in the Bitcoin Long-Term Power Law over the history of the asset: As is visible in the graph, Bitcoin’s spot price is currently being traded under the power law. The asset retested the line earlier in the year when it set its new all-time high (ATH) but couldn’t find a break. Despite the recent bearish action, though, BTC still has some distance over the support line of the model. The graph shows that Bitcoin set three of its major tops around the resistance line. However, the 2021 bull run top occurred before the asset could reach the level. Thus, it’s unknown whether or not the current BTC cycle will follow the lead of the earlier three. Related Reading: Is Altcoin Season Coming? These Two Signals Could Suggest So “If the Bitcoin Long-Term Power Law holds, the next market top might hit around $400,000!” notes Martinez, based on the fact that the resistance level would assume a value around that mark next year. As for when exactly BTC could hit its next cyclical top, the analyst has also discussed it in another X post, sharing the chart below for the asset’s performance during the last couple of cycles. “If this Bitcoin cycle follows the last two, we could see a market top in about a year, around October 2025!” says Martinez. BTC Price Bitcoin has been moving sideways over the last few days as its price still floats around the $63,200 mark. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
The monthly volume of sales for non-fungible tokens (NFTs) continued its downward trend in August, reaching $374 million, the lowest monthly sales volume of 2024. As of this year, digital collectibles have never before achieved a monthly volume below $400 million. The digital collectibles market was worth only $374 million
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets.
In this current economic slowdown, workers are accepting low-quality jobs with unspecified duty hours and at low pay rates. While challenging economic conditions are pushing people into informal employment, declining job creation has stagnant employment opportunities. Slow economic growth combined with high unemployment and elevated inflation compelled people to look for ways to earn extra money online.
In the area of cryptocurrency, cloud mining motivated many to earn a steady income online from their homes. Cloud mining seems a promising avenue for individuals who want to improve their financial conditions. Anyone can create an extra income source by investing modestly and using an internet connection.
Because the market is filled with several cloud mining platforms, not everyone will offer the desired accessibility and reliability. One platform that stands out from the rest is TopHash. If you want easy access alongside an improved experience, continue reading the post for more valuable insights.
TopHash: An Ultimate Solution for Cryptocurrency Cloud Mining
TopHash is an advanced cloud mining platform and a leading hash rate provider that is increasingly becoming popular. TopHash is more than an ordinary provider of cloud mining. It offers cutting-edge technology along with diversified product packages, making it stand out from the rest.
Behind the success of TopHash cloud mining lies the expertise of professionals. They have profound experience in Bitcoin mining, blockchain technology, data security, etc. TopHash is an intuitive cloud mining platform designed to enable users to make passive income even with small investments.
Besides, TopHash is committed to improving its services while making significant changes that will revolutionize the cryptocurrency cloud mining industry. Furthermore, this cloud mining platform is secure and users don't have to think about safety measures. They can earn extra money while investing what they can afford.
TopHash aims to provide its users with the ultimate environment that guarantees a seamless experience in every aspect. That way, users can have the best experience when investing in crypto assets. The best part is, that users don't have to buy expensive hardware or require technical knowledge.
All it takes is a few clicks to get started with cryptocurrency mining. If you have been looking for a reliable cloud mining service that helps you earn extra cash, TopHash is your best bet. It is a trusted service provider that offers the best cloud mining solutions you can find elsewhere.
Benefits of Cryptocurrency Cloud Mining with TopHash
Users expect many things from a reliable cloud mining provider and TopHash is not an exception. So, keeping in mind the expectations of its users, TopHash offers them numerous benefits with crypto cloud mining. Below listed are a few popular ones that you should know.
1. Perfect Solution for Beginners
Cloud mining might seem a complex thing for many people. But TopHash has made things easy for most people, especially those who have ventured out more recently. Their unique program on cloud mining includes packages where users don't have to spend a fortune.
The Company's mining program uses the latest software and hardware to get the best outcome from cloud mining. That way, TopHash doesn't have to purchase them for their needs. So, you don't need to spend money buying space for certain items or bear the electricity costs.
People are more concerned about the start-up costs because of the sluggish economic condition and unemployment. They need something that helps generate a decent income with minimal investment.
2. You Don't Need Technical Experience
Gone are those days when you should know how to operate mining equipment. TopHash is dedicated to providing the best user experience, unlike other cloud mining services.
Most programs from TopHash rely on cloud-based technologies. Moreover, the experts ensure they are up and running 24/7. As such, you can focus on crypto mining while leaving the headache to TopHash. Their systems are always online.
3. You Can Mine Different Types of Cryptocurrencies
Through TopHash's cloud-based platform, you can mine Ethereum, Bitcoin, Litecoin, and many more. You don't have to sign up for different platforms to take part in several cryptocurrencies. You can access your favorite crypto on their secure platform.
TopHash Cloud Mining Plans
Here are the affordable plans offered by TopHash for everyone. Enjoy the perks of crypto cloud mining and the best services from TopHash.
Earn More Money with TopHash's Affiliate Program
Earn more money on TopHash through their affiliate program. Whenever someone uses your referral to sign up and make purchases, you will earn 4.5% as a commission.
Make sure to join the affiliate program on TopHash's official website. After receiving the referral link, share it with people you know. Withdraw commissions without any investment.
Earn Extra Cash with TopHash Today:
Do you want to start earning extra money? Get started with TopHash today and grow your crypto portfolio. Take a look at the affordable plans offered by TopHash. Register your account with TopHash now.
FAQs
1. Is TopHash Safe?
TopHash has certified professionals who have expertise in several areas from cryptocurrency security to blockchain technology. Their systems use EV SSL Encryption that prevents data theft. The servers are safe against DDoS threats.
2. Do I Need to Invest to Earn?
If you want to earn extra cash without investing money, join their affiliate program. The earnings will be limitless because you will make extra cash on others' purchases.
3. What is the minimum deposit and withdrawal amount?
$50 is the minimum amount set for both deposits and withdrawals.
In short, cloud mining is a good way to earn extra cash at home. For more details, click here: https://tophash.net
Company Contact: Oden Johnson--------------
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A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments.
HKMA alerts public about phishing messages and fraudulent websites linked to Octopus Cards Limited. Urges immediate action if personal information was shared. (Read More)
What started as a simple B-roll shoot turned into a deep dive into the world of crypto.
German quantum breakthrough highlights need for particle physicists in crypto
NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase.
SideShift.ai CEO Andreas Brekken believes CryptoPunk #5822 was most definitely sold at a loss and that NFTs are going to zero.
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.
Investors who purchased NFTs just a few years ago may have reason to regret their decision.
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
The online event will occur at 7 pm UTC and end on Aug. 22.
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