Tags : Flips

Market

Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending

Bitcoin ran through key technical resistance levels on Wednesday, strengthening a bullish bias, and extended gains Thursday. The cryptocurrency jumped above $55,000 yesterday, breaching the downtrend line connecting the April high of $64,801 and September highs near $52,000. Buyers also flipped the horizontal resistance at $53,000 into support, having taken out a significant hurdle at […]Read More

Blockchain

Polygon Flips Ethereum on Active User Addresses

Active user participation in scaling solution Polygon explodes, giving positive cues to its native cryptocurrency MATIC. Polygon’s count of unique daily addresses active either as sender or receiver rose to a record high of 566,516 on Saturday, surpassing Ethereum for the first time on record, according to data provided by polygonscan. Ethereum’s tally stood at […]Read More

Cryptocurrency

Solana (SOL) flips XRP to become the sixth-largest crypto. Surges

Solana displaced Ripple (XRP) this morning to become the sixth-largest cryptocurrency by market cap, data from multiple sources shows. The feat puts it at a $60 billion marketcap—one that took a little under 24 months to achieve. The Solana lure So-termed the world’s ‘fastest’ blockchain, Solana boasts transactions per second (tps) speeds of over 65,000 […]Read More

Bitcoin

Elon Musk flips positive on Bitcoin (BTC), but the damage

Tesla CEO Elon Musk has flipped positive on Bitcoin once again. Speaking during yesterday’s The ฿ Word conference, Musk said the mining sustainability situation has improved since he first raised objections in May. “It looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being […]Read More