Fake news article sparks outrage against Solana. Cardano founder Charles Hoskinson joined. Solana’s Breakpoint Conference in Singapore. The cryptocurrency community is no stranger to competition, most notably between Cardano and Solana. While the advertised benefits and use cases are similar, the underlying philosophies are more different than ever. This rivalry was brought into the spotlight again recently when Cardano founder Charles Hoskinson subtly criticized Solana in a satirical news article. Fake News Article Makes Cardano Founder Joke About SolanaNever one to miss a chance to make a joke, Cardano founder Charles Hoskinson recently took aim at Solana. The trigger for…
Author: Crypto Flexs
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Hope you had a great weekend, folks. In today’s Daily, Bitcoin and Ether are down amid reports of a second assassination attempt on Donald Trump, the Fed may now cut rates by 50 basis points, former Celsius CEO Alex Mashinsky is looking to avoid 115 years in prison, and more.Let’s get started.Bitcoin and Ether Prices Drop After Second Trump Assassination AttemptBitcoin is down 4% over the past 24 hours to trade below $58,000, while Ether is down around 5% to trade below $2,300. The price drop coincides with reports of a second assassination attempt on former President Donald Trump at…
James Ding Sep 17, 2024 07:36 According to a CoinGecko report, the United States, Indonesia, and Turkey are the countries most interested in real-asset-backed (RWA) cryptocurrencies, accounting for 33% of global interest. According to a recent report from CoinGecko, the United States is the leading country in terms of interest in Real World Assets (RWA) cryptocurrencies, accounting for 14.8% of global interest as of 2024. This figure puts the United States at the forefront of the RWA crypto narrative, a position previously held by other crypto sectors such as small-cap tokens and AI cryptocurrencies.…
A crypto strategist who has accurately identified Bitcoin (BTC)’s pre-halving correction believes that Layer 1 projects are ready to trigger a breakout rally. Rekt Capital, an anonymous analyst, told his 499,300 followers on social media platform X that Injective (INJ) appears to be forming a large falling wedge structure on the weekly chart. A falling wedge pattern is generally considered a bullish reversal signal, as it indicates that sellers are losing momentum while buyers are stepping in to slow the price decline. Rekt says: “Injective has been developing this channel for several months. A weekly close above the bright blue…
7-day moving average (7DMA) for daily staker returns Ethereum Ethereum +0.49% It fell to $5.44 million on Thursday, September 12, marking a six-month low for the indicator and the lowest level since mid-February.Ethereum staker income refers to the rewards and income received by those who participate in Ethereum’s proof-of-stake (PoS) consensus mechanism for validating transactions and securing the network. This income is typically generated through block rewards and transaction fees, which are distributed proportionally based on the amount of ETH staked by the staker.A decrease in this metric means that stakers are receiving less revenue from their network participation, which…
Iris Coleman 16 Sep 2024 15:36 Say launches the third round of its $10 million Creator Fund with a matching pool of $250,000, focusing on educational content, developer tools, and smart contract development. According to Sei, the Sei Creator Fund, a $10 million initiative, is launching its third round with a matching pool of $250,000. This round aims to support developers by focusing on educational content, developer tools, smart contract development, integrations, and documentation. Round 3 Details The third round will focus on the Sei Developer Ecosystem, offering $250,000 worth of SEI tokens. The…
Are you ready to see the future of blockchain technology solving real-world problems? Many blockchain networks operate independently, making it difficult to share data and allow cross-chain transactions. This has slowed the growth of decentralized applications (dApps) and prevented blockchain from reaching its full potential. Kubetics is here to change that with the Web3 aggregation chain, a powerful solution that improves blockchain interoperability. By seamlessly integrating networks including Bitcoin (BTC) into a unified system, Qubetics simplifies and improves the efficiency of cross-chain transactions. This feature solves key real-world problems by enabling seamless asset transfers, data sharing, and cross-chain functionality. This…
contributor Posted: September 17, 2024 Fantom dApp trading volume triples in 24 hours to $9 million The bullish rally accelerated on increasing volume as FTM attempted to break the critical resistance level at $0.52. The cryptocurrency market was bearish today, with most altcoins trading in the red. However, Phantom (FTM) As of this writing, it is up 4% to trade at $0.511, bucking the bearish sentiment. FTM was one of the top performers in the market last week, with a seven-day gain of 15%. The rally is being driven by surging demand, with volume up more than 150% at press…
Republican presidential candidate Donald Trump officially unveiled his long-anticipated cryptocurrency project, World Liberty Financial, on Monday night.“We’re embracing the future with cryptocurrency and leaving the big, slow, outdated banks behind,” President Trump said in a recent promotional video.In a livestream hosted by crypto personality Farok on social media platform X, Trump said his NFT project opened his eyes to the crypto world. The livestream lasted over two hours.“I was really surprised at how many people were paying this way,” said Trump, whose NFT collection has earned more than $7 million. “To be honest, I wasn’t really interested[at first]… but I…
Rebecca Moen 17 Sep 2024 02:08 Avalanche’s innovative multi-chain architecture and upcoming upgrades aim to increase blockchain customization and scalability to support enterprise, DeFi, gaming, and more. According to Galaxy, Avalanche, a cutting-edge blockchain network, is set to undergo significant upgrades and expansions in 2024. A notable feature of the platform is its horizontal scaling approach, which allows for the creation of highly customizable and interoperable blockchains known as ‘L1’ (formerly known as subnets). This architecture supports a wide range of use cases, particularly in enterprise, DeFi, gaming, and consumer verticals.Innovative architecture and rapid…