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Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level – Market Updates Bitcoin News

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Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching  Level – Market Updates Bitcoin News

Stream was within the inexperienced to begin the week, because the token climbed to its highest level since Could. The surge has seen costs rise by as a lot as 15% on Monday, as latest positive factors have been prolonged. Polkadot was additionally larger, because it too cemented multi-month highs.

FLOW

FLOW was certainly one of Monday’s most notable movers, with costs of the token rising by as a lot as 15% in right now’s session.

After buying and selling at a low of $2.59 on Sunday, FLOW/USD rallied to an intraday excessive of $3.13 to begin the week.

This transfer noticed FLOW rise to its highest level since Could 11, when costs have been buying and selling above $4.00.

FLOW/USD – Day by day Chart

Trying on the chart, right now’s peak comes because the token broke out of its long-term resistance at $3.00.

The surge comes as worth power continues to climb, and as of writing, is monitoring in overbought territory.

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Presently, the relative power index (RSI) is at a studying of 75.28, which is near its highest level since April.

This might be a optimistic for bears anticipating imminent worth declines.

Polkadot (DOT)

While FLOW moved to a three-month excessive, polkadot (DOT) moved to its highest degree in shut to 2 months.

DOT/USD raced to an intraday peak of $9.36 to begin the week, lower than 24 hours after residing at a low of $8.54.

Because of Monday’s surge, DOT moved briefly above its worth ceiling of $9.30, which is likely one of the final traces of protection to a transfer above $10.00.

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DOT/USD – Day by day Chart

Since hitting earlier highs, positive factors in polkadot have considerably eased, as bulls probably moved to safe income.

This drop in momentum coincides with the 14-day RSI hitting a resistance degree of its personal close to the 67 mark.

Ought to DOT wish to lengthen its transfer in the direction of the $10.00 mark, then relative power might want to overcome this impediment.

Register your electronic mail right here to get weekly worth evaluation updates despatched to your inbox:

Do you count on polkadot to surge to $10 this week, regardless of being overbought? Tell us your ideas within the feedback.

Eliman Dambell

Eliman brings a eclectic viewpoint to market evaluation, having labored as a brokerage director, retail buying and selling educator, and market commentator in Crypto, Shares and FX.




Picture Credit: Shutterstock, Pixabay, Wiki Commons, Dragos Asaftei / Shutterstock.com

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Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, immediately or not directly, for any injury or loss triggered or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.

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Cryptocurrency News Live Updates: Bitcoin, Ethereum prices today; memecoin, other token updates

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Cryptocurrency News Live Updates: Bitcoin, Ethereum prices today; memecoin, other token updates

Several cryptocurrencies have experienced significant losses over the past week. Here’s a summary of the top losers:

MerlinStarter (MSTAR): Price is at $0.001935, with a circulating supply of 603,312,500. MSTAR has seen a 7-day decrease of -54.33%. Its market cap is $1,172,535.24, with a 24-hour volume of $582,463.92.

Polyhedra Network (ZKJ): Currently priced at $0.2209, ZKJ has a circulating supply of 292,861,111. It has decreased by -37.3% over the last 7 days. Its market cap is $63,922,251.97, with a 24-hour volume of $38,608,983.31.

Elderglade (ELDE): Trading at $0.01706, with a circulating supply of 84,000,000. ELDE has fallen by -34.83% in the last 7 days. Its market cap is $1,428,301.8, with a 24-hour volume of $6,033,508.27.

Self Chain (SLF): Priced at $0.0835, SLF has a circulating supply of 167,000,000. The cryptocurrency has dropped -34.8% over the past 7 days. Its market cap is $13,908,033.85, and its 24-hour volume is $6,878,055.22.

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Bombie (BOMB): BOMB is priced at $0.000972, with a circulating supply of 9,000,000,000. The token has seen a -32.95% decrease in the last 7 days. Market cap stands at $8,849,717.79, accompanied by a 24-hour volume of $6,810,986.77.

AltLayer (ALT): Currently at $0.02626, with a circulating supply of 3,755,148,021.85. ALT has decreased by -32.55% over the last 7 days. Market cap is $98,644,804.69 and 24-hour volume is $24,463,959.34.

AVAIL Network (AVAIL): Trading at $0.02132, AVAIL has a circulating supply of 2,166,895,012. It shows a -29.57% change over the last 7 days. Its market cap is $46,236,581.05, and its 24-hour volume is $13,772,011.42.

Velar (VELAR): Priced at $0.003955. VELAR shows a -28.76% change over the last 7 days. Its market cap is $0, and its 24-hour volume is $191,064.28.

Subsquid (SQD): Currently at $0.15106, with a circulating supply of 586,317,237.5. SQD has decreased by -27.75% over the last 7 days. Market cap is $85,073,648.57 and 24-hour volume is $28,498,252.59.

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Assisterr AI (ASRR): Trading at $0.1519, ASRR has a circulating supply of 14,620,000. It shows a -27.35% change over the last 7 days. Its market cap is $2,208,102.59, and its 24-hour volume is $2,173,768.32.

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Lightchain AI Ramps Up Development on Decentralized Inference, Rewards, and Federated Training Systems – Press release Bitcoin News

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Lightchain AI Ramps Up Development on Decentralized Inference, Rewards, and Federated Training Systems – Press release Bitcoin News
Lightchain AI, the pioneering Layer-1 protocol fusing blockchain infrastructure with decentralized artificial intelligence, has announced the development of several new components aimed at scaling its vision of on-chain AI services.
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Local authorities freeze stolen cryptocurrency in money laundering investigation | eKathimerini.com

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Local authorities freeze stolen cryptocurrency in money laundering investigation | eKathimerini.com

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The Anti-Money Laundering Authority has taken a significant step in a complex investigation involving stolen cryptocurrency, marking the first time in Greece that crypto assets have been frozen and identified as proceeds of crime.

The case has drawn international attention, with the US Federal Bureau of Investigation (FBI) issuing a public alert confirming the freezing of suspicious digital assets.

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The investigation began last month when the Authority received information about a suspicious transaction involving a registered user on a Greek-based cryptocurrency exchange platform.

Further checks revealed that the user’s Ethereum wallet had received a large amount of digital currency,  which was later traced back to a major international theft.

The funds originated from the Bybit hack, disclosed in February, in which hackers stole approximately $1.5 billion worth of Ethereum – the largest theft of its kind to date. This incident surpassed the 2022 Ronin Network breach, in which $620 million in Ethereum and USD Coin were stolen.

Following the analysis, the Authority issued a Seizure Order for the wallet and the crypto assets it contained. The relevant documentation has been forwarded to the Prosecutorial Authority for further investigation.

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