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Showing posts with the label support

IOTA price nears a key support: Can bulls bounce on key news?

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IOTA price is down 4% in the past 24 hours and trades near $0.30. The IOTA team announced a key partnership in Singapore,but is the price set to bounce or dip futher? IOTA’s price has declined 5% in the past 24 hours to trade near a key support level. The slip now has weekly gains cut to just 2% while the altcoin has turned red on the monthly time frame. The IOTA token trades at $0.31, down from recent highs of $0.41. This cryptocurrency is also one of the worst performing since the 2017 bull market. Per data from CoinGecko, IOTA is down more than 94% since its all-time high above $5.25 reached over six years ago. On Tuesday, IOTA announced a major partnership with Tenity as it looks to tap into the growth potential in the Real-World Assets (RWAs) and DeFi sectors. The APAC Accelerator is a 12-week program that will see select startups receive $50k in grants. 📣 Big news from Singapore! We’ve teamed up with @tenity_global to launch the ...

NFT performer donates $140,000 to cancer support organisation

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Funds raised during this event will provide assistance to 4,000 individuals grappling with the burdens of cancer , as well as local residents in dire need of immediate, life-saving support . An NFT artist recently accomplished a remarkable feat by generating nearly $140,000 (equivalent to 114,000 British pounds) through an art exhibition held in the enchanting city of Edinburgh, Scotland, all in the noble pursuit of advancing cancer treatment. This extraordinary sum found its way to Maggie’s Edinburgh, a revered establishment passionately committed to offering free cancer treatment. The generous benefactor behind this monumental contribution was none other than Trevor Jones, a highly regarded crypto artist hailing from the picturesque landscapes of Scotland. Jones orchestrated a mesmerizing charity exhibition and auction, which unfolded amidst the grandeur of the annual Web3 Castle Party, nestled in the vicinity of Paris. According to the Maggie’s Edinburgh Fundraising team, Trevor...

Arkham Intelligence adds Flare blockchain support

Arkham now support s Flare, a blockchain that provides developers with low-cost, scalable access to a wide variety of distributed data sources. By working together, users of Flare will have access to Arkham’s Intelligence Platform for analyzing network data, the Arkham Oracle for gaining actionable on-chain insights, and the Arkham Intel Exchange for bidding on and winning different Flare-related bounties and auctions, as per the latest information shared with Finbold on September 29. Flare co-founder and CEO Hugo Philion said in a statement on the collaboration:  “Flare is the blockchain for data – the only blockchain optimized for decentralized data acquisition. It’s, therefore, only right that we provide network builders and participants with the best possible analytics tools to allow them to make proper data-driven decisions. Arkham’s platform is both powerful and user-friendly so we are happy they have chosen to support the Flare network. “ Arkh...

Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

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BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5 Bitcoin (BTC) bulls regained some control on Nov. 30 and they were successful in keeping BTC price above $16,800 for the past 5 days. While the level is lower than traders’ desired $19,000 to $20,000 target, the 8.6% gain since the Nov. 21, $15,500 low provides enough cushioning for eventual negative price surprises. One of these instances is the United States stock market trading down 1.5% on Dec. 5 after a stronger-than-expected reading of November ISM Services fueled concerns that the U.S. Federal Reserve (FED) will continue hiking interest rates. At the September meeting, FED Chairman Jerome Powell indicated that the point of keeping interest rates flat "will need to be somewhat higher." Currently, the macroeconomic headwinds remain unfavorable and this is likely to remain the case until investors have a clearer picture of the employment market...