The total supply of HMSTR is limited to a certain number to ensure scarcity and appreciation of value. When the TGE finally begins, the project developers say that 60% of the token airdrop will be dedicated to players. The anticipated HMSTR token launch of Hamster Kombat, a relatively new Telegram game, is designed to enrich the gaming experience for Web2 and Web3 players. Hamster Kombat is gaining increasing attention online, 300 million players Interaction with the game. Expectations for the Hamster Combat list The Hamster Kombat game originally planned to launch its own token, HMSTR, on the TON blockchain by…
Author: Crypto Flexs
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The Bitcoin (BTC) price has been on a V-shaped recovery on a daily basis after hitting lows below $50,000 in recent months, and analysts believe that if this trend continues, BTC will hit new all-time highs. “Bitcoin has had a V-shaped recovery, and this correction and crash, which was triggered by the sell-off of crypto assets on Jump Trading, is similar to a COVID-19 –> Black Swan,” MN Capital founder Michaël van de Poppe wrote in an August 9 post on X. In his previous X post on August 5, Van de Poppe mentioned the possibility of Bitcoin crashing to…
Company • August 9, 2024 12:37 PM EDT Posted 1 minute earlier ~ in According to the report, the U.S. Securities and Exchange Commission issued subpoenas to at least three venture capital firms last year. DL News. DL News reported Friday, citing sources, that the subpoenas were asking for “a contract for a token transaction by investors.” One subpoena was titled:According to the front page reviewed by the news outlet, “in relation to certain cryptocurrency asset offering intermediaries” An SEC spokesperson said in an emailed statement to The Block that the agency does not comment on “the existence or absence…
Ethereum rebounds 9% but faces potential market volatility As ETF outflows continue, analysts remain bullish on Ethereum’s potential. Ethereum (ETH) has made a significant recovery after several days of selling pressure, rising more than 9% over the last 24 hours to trade at $2,665.61. Explanation of ETH price movement Despite this bounce, Ethereum is still stuck in the $2,600 range, according to CoinMarketCap, and technical indicators are showing mixed signals. The Relative Strength Index (RSI) remains below the neutral level of 37, suggesting continued bearish sentiment. Meanwhile, Bollinger Bands are indicating increasing volatility, which could signal a reversal from a…
Alvin Lang 09 Aug 2024 15:42 California announced an AI education initiative in partnership with NVIDIA to equip universities and community colleges with generative AI skills. The state of California has unveiled a groundbreaking AI education initiative in partnership with NVIDIA, a global leader in AI computing. According to an NVIDIA blog post, the public-private partnership aims to provide universities, community colleges, and adult education programs with the resources they need to develop generative AI skills. Collaboration with California Colleges and Universities As part of this initiative, California educators will have the opportunity to…
TL;DRKeeping your crypto transactions private is important for your safety and confidentiality.Be very careful who you share personal or financial information with.Your personally-identifying information (PII) is a target for thieves.”Know Your Customer” (KYC) information is collected by banks and many crypto-related service companies.Public blockchain ledgers can be analyzed for clues about who controls which addresses. HD wallets are recommended to generate a unique wallet address for each spend and receive transaction.Privacy-enhancing wallets, strategies, and coins exist, but require at least an intermediate level of knowledge. Bitcoin mixers offer an increasingly-popular way to gain privacy by combining together many users’ unrelated…
Stablecoin company tether USDT +0.045% According to CEO Paolo Ardoino, the company plans to double its current headcount to around 200 by mid-2025.The company has historically operated as a lean team, with just over 100 employees currently spread across more than 50 countries, Ardoino told The Block. That’s despite the fact that it has issued USDT, the world’s largest stablecoin, with a market cap of $115.4 billion, according to The Block’s USDT page.“This (streamlined) approach will allow us to optimize our operations through technology and external partnerships, and focus on our core competencies to deliver exceptional value to our customers,”…
Ether (ETH) retested $2,111 on August 5 for the first time since January 3, briefly giving up 98% of its 2024 year-to-date gains. The ETH/BTC chart also shows weakness against Bitcoin (BTC), with the pair hitting a 1,211-day low.ETH/BTC Weekly Chart. Source: Trading ViewMeanwhile, Ethereum ETF inflows saw a modest net inflow of $2.9 million on August 8, after seeing positive inflows of over $150 million immediately following Monday’s market crash. Total inflows remain negative at $390 million at the time of publication. Ethereum Rise as Public ‘Major Interest’ After CrashEthereum has recovered 27% since hitting a low of $2,111…
Tony Kim 09 Aug 2024 15:24 Ethereum (ETH) will transition to inflation in Q2 2024, adding 75,301 ETH to the network, marking a significant reversal from the deflationary trend that has persisted since late 2022. According to CoinGecko, Ethereum (ETH) has undergone a significant change in its economic model, switching to inflation in Q2 2024. This is the first time since late 2022 that Ethereum has added more coins to its supply than it has burned. Burn statistics and emissions As of August 5, 2024, the Ethereum network has burned a total of 465,657…
Bitcoin (BTC) fell below $60,000 at the opening of Wall Street on August 9 as investors watched for “irrational” whale movements.BTC/USD 1-day chart. Source: TradingViewBitcoin order book fluctuations raise suspicionsAccording to data from Cointelegraph Markets Pro and TradingView, the recent BTC price rally appears to be slowing down after reaching $62,775 on Bitstamp.Currently down 3% from its daily open, BTC/USD is facing significant resistance above $62,000, which analysis suggests could be an intentional manipulation.“Someone placed a large sell order for $61200-$62500. That’s 12,000 BTC total,” responded X, who reviewed the Binance order book, monitoring resource CoinGlass. “That’s a bit of…