Posted 1 minute earlier ~ in Updated: September 11, 2024 4:19 PM EDT The DEX landscape is becoming somewhat more diversified, with Uniswap’s once dominant market share steadily eroding. This shift in market share could signal more competition and innovation in decentralized trading. Uniswap’s market share has fallen from over 50% in October 2023 to 36% today. As Uniswap’s dominance dwindles, new entrants are eagerly eating up market share. Aerodrome has a respectable 7% of the market, thanks to impressive growth in Base Layer 2. Another winner of Uniswap’s decline is Orca, which grew from 9% at the start of…
Author: Crypto Flexs
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DOGS ranked third in number of owners. Market indicators show that the token will recover. The Dogs (DOGS) token is quickly gaining popularity, currently ranking third in terms of holders, behind USDT and ETH. DOGS has seen incredible growth since its launch on Telegram’s TON blockchain, with over 17 million token claims and 4.5 million unique wallets holding the tokens. Inspired by Pavel Durov’s dog drawings, this memecoin quickly became one of the most widely held tokens in cryptocurrency history. With 1.1 million daily active users and a peak daily transaction volume of 14.4 million, DOGS has set records in…
DOGS ranked third in number of owners. Market indicators show that the token will recover. The Dogs (DOGS) token is quickly gaining popularity, currently ranking third in terms of holders, behind USDT and ETH. DOGS has seen incredible growth since its launch on Telegram’s TON blockchain, with over 17 million token claims and 4.5 million unique wallets holding the tokens. Inspired by Pavel Durov’s dog drawings, this memecoin quickly became one of the most widely held tokens in cryptocurrency history. With 1.1 million daily active users and a peak daily transaction volume of 14.4 million, DOGS has set records in…
Iris Coleman September 6, 2024 07:30 Polygon (MATIC) Miden Alpha Testnet v4 introduces new features for developers, including Rust compiler support and a block explorer. According to polygon.technology, Polygon (MATIC) has announced the launch of Miden Alpha Testnet v4, which introduces several new features aimed at improving the developer experience.Key features of Miden Alpha Testnet v4The latest version of the Miden Alpha Testnet brings improvements and tools for developers. One of the most important updates is the alpha release of the Rust compiler. This tool allows developers to compile their Rust code to Miden…
The Bitcoin (BTC) price suffered a 2.2% correction on September 11 after the release of the US Consumer Price Index data, but recovered to the $56,500 level within hours. This move closely tracked the S&P 500 Index, which fell 1.6% on September 11, and the US Consumer Price Index growth rate hit its lowest level in three years.Bitcoin has weathered CPI volatility, but traders are skeptical that further gains are possible.Bitcoin traders are skeptical that the $58,000 resistance level will be broken as demand for bearish positions using BTC futures contracts increases.Bitcoin/USD (blue) vs. S&P 500 futures (magenta). Source: TradingViewThe…
The US Consumer Price Index rose 0.2% this month, according to estimates, but risk assets reacted negatively. The S&P 500 Index (SPX) initially fell more than 1.5%, but recovered its initial losses and turned positive. Bitcoin (BTC), which had fallen near $55,500, also fell above $57,500. The recovery shows solid buying at lower levels.The next major trigger for risk assets could be a rate cut by the U.S. Federal Reserve on September 18. CME Group’s FedWatch tool shows an 85% chance of a 25 basis point cut. Crypto Market Data Daily View. Source: Coin360Sentiment appears to have improved as Bitcoin…
Paradigm-backed startup Succinct Labs announced Wednesday that it is working with: Office -3.93% Labs, a major contributor to the Optimism protocol, is working to “solve” ZK rollups.”Over the past few months we’ve been working closely with OP Labs. “The team has built OP Succinct, a seamless way to upgrade any OP Stack chain to use zero-knowledge proofs in under an hour,” Succinct wrote in a post on X. Optimism is a layer 2 scaling solution for Ethereum that aims to provide faster and cheaper transactions while maintaining the security and compatibility of the Ethereum mainnet. It uses Optimistic rollups to…
Ethereum Name Service (ENS) announced that payments giants PayPal and Venmo have integrated support for ENS domain names. This integration will allow users to transfer crypto assets to ENS addresses using PayPal and Venmo. PayPal and Venmo have launched ENS support. On Tuesday, ENS was announced by social media platform X (…)
Jack Anderson 11 Sep 2024 13:58 Indonesia’s largest cryptocurrency exchange, Indodax, was hacked for $22 million, halting services and raising concerns about security in the cryptocurrency industry. Indonesia’s largest cryptocurrency exchange, Indodax, has officially ceased operations following a massive hack that resulted in the theft of approximately $22 million. The breach shocked the cryptocurrency community and raised questions about the exchange’s security protocols and the ongoing threat posed by cybercriminals. Details of the infringement On September 11, 2024, Indodax announced that it was temporarily shutting down its web and mobile applications to conduct a…
With Wintermute joining, Neiro On ETH saw a 400% gain in just one week. Market Makers Buy $2.37 Million Worth of Meme Coins Upon Binance Listing Despite the surge in trading volume, analysts have found red flags in NEIRO’s token economics. Wintermute, a leading trading firm focused on building liquid markets in the digital asset space, has stepped forward to create a market for Neiro On ETH (NEIRO). The new dog coin on Ethereum (ETH) is inspired by the real-life dog Neiro, who serves as the successor to the late great Kabosu.Cabos’s successor is in the spotlightNEIRO has fallen 42.3%…