Token Project • September 4, 2024 1:51 PM EDT Posted 1 minute earlier ~ in Uphold CEO Simon McLoughlin has taken a hard-line stance on the long-term prospects for digital assets, but he finds the “fraudulent nature of certain segments” of cryptocurrencies disappointing.And for McLaughlin, the Mimecoin explosion is the biggest topic of conversation.“It’s depressing that we’ve reached a point where 7,000 new mimecoins are being created every day,” he told The Block in a recent interview. “This AI-driven mimecoin creation… is just going to devalue and destroy the entire segment.”Popular Mimecoin creation launchpad Pump.fun has earned $100 million in…
Author: Crypto Flexs
Read More
Rebecca Moen September 4, 2024 16:28 The BNB chain celebrates its 4th anniversary with the launch of the One BNB strategy, expanded developer support, and significant ecosystem growth. BNB Chain recently celebrated its 4th anniversary, marking the significant milestones and forward-looking initiatives of the past four years. According to the BNB Chain Blog, the celebration, known as ‘BNB Day’, highlighted the platform’s journey and future plans to further integrate blockchain technology into mainstream applications. One BNB Strategy: Ecosystem Integration This year, the “One BNB” strategy was introduced, a comprehensive initiative designed to integrate BNB…
At the time of writing, Ethereum was trading in a massive triangle formation, with analysts predicting a double bottom pattern. The increase in whale trading and active addresses suggests that the ETH price may rise. Ethereum (ETH) has faced significant challenges in recent weeks, continuing its downward trajectory in both price and market sentiment. Following last month’s price crash, ETH has continued to experience a bearish market trend. In the last 24 hours, the asset fell another 4.5%, reaching a trading price of $2,399, which is a further 2.3% drop in the overall market context. Despite this continued downtrend, some…
This article is also available in Spanish. Bitcoin Pressure is building as a key indicator signals a possible drop to $53,541. The cryptocurrency is struggling to gain a foothold in the volatile market as sellers gain momentum and technical charts flash red. Traders are watching closely to see if the downtrend will continue or if a reversal will occur. horizon BTC is hovering near a key support level. The next few days could be crucial in determining Bitcoin’s short-term trajectory. Bitcoin is facing an increasing situation. sales pressureIn this article, we look at recent bearish signals and analyze the key…
Caroline Bishop September 4, 2024 17:04 Learn how to make the most of your points in the Cronos (CRO) zkEVM Pioneer Program with detailed mission tasks and strategies. Launched on August 15, 2024, the Cronos (CRO) zkEVM Pioneer Program gives participants the opportunity to earn points by participating in various tasks within the Cronos ecosystem. According to Cronos Labs, these points can later be converted into rewards in participating cryptocurrencies, such as zkCRO tokens and tokens from other partner dApps.What is the Cronos zkEVM Pioneer Program?The Cronos zkEVM Pioneer Program is a rewards initiative…
Bitcoin (BTC) is trading at $57,450, down 22% from its all-time high of $73,835 recorded on March 14. Despite the recent bearish price action, analysts say the average Bitcoin investor is still “relatively profitable.”According to market intelligence firm Glassnode, Bitcoin investor profitability data shows that this decline is relatively shallow compared to historical bull cycles, suggesting that overall investors are in a relatively stable financial position.Taking the ratio between total unrealized gains and unrealized losses, Glassnode analysts found that “gains are six times larger than losses.” This ratio remains above current values for about 20% of trading days, highlighting the…
The crypto market fell on September 3rd due to the weakness in the US stock market. The sell-off in the crypto market continued on September 4th, but the small positive is that the lower levels are attracting buyers. Trading firm QCP Capital told its Telegram channel subscribers that Bitcoin (BTC) and Ether (ETH) could be entering a period of high volatility.Many analysts believe that the expected rate cut by the US Federal Reserve on September 18 will be positive for risk assets. However, Bitfinex analysts have a different view, as they expect Bitcoin to crash between 15% and 20% after…
Company • September 4, 2024 12:47 PM EDT Posted 1 minute earlier ~ in The U.S. Securities and Exchange Commission has postponed its deadline to decide whether to approve or reject a proposal combining carbon emissions futures with physical bitcoin. The SEC announced it was postponing its decision until November 21. 7RCC Spot Bitcoin and Carbon Credit Futures ETFat filing Posted on Tuesday. The SEC stated, “The Commission believes it is appropriate to provide a longer period of time to issue an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change…
Terryl Dickey September 4, 2024 17:21 Binance Futures has announced leverage and margin level updates for several USDⓈ-M and COIN-M perpetual contracts, effective September 4, 2024. Binance Futures has introduced important updates to leverage and margin tiers for several USDⓈ-M and COIN-M perpetual contracts. These changes, effective on September 4, 2024 at 07:30 (UTC), affect a number of trading pairs, including WLDUSDT, MEWUSDT, AVAXUSDT, 1000BONKUSDT, 1000SHIBUSDT, SUIUSDT, BCHUSDT, TONUSDT, DOGSUSDT, AVAXUSD COIN-M. Update Details According to Binance, the updated leverage and margin tiers are designed to improve trading conditions and provide more flexibility for…
Over the past few weeks, there has been a lot of excitement and speculation surrounding World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and criticism, the project’s X account has finally tried to clear the air by revealing new details about its mission. World Liberty Financial (…)