TON has outperformed most of the cryptocurrency markets over the last 24 hours. The asset’s price performance followed the Binance listing announcement. TON is constantly working to attract and retain retail customers. From memecoins like DOGE and SHIB to NFT marketplaces like OpenSea, in every cryptocurrency market cycle, some projects drive a new wave of retail cryptocurrency adoption. During this cycle, the TON ecosystem emerged as one of the driving forces behind retail adoption, with the popularity of TON-based clicker apps accessible via the widely used instant messaging app Telegram.As interest in the TON ecosystem grows, so does support from…
Author: Crypto Flexs
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Timothy Morano Aug 9, 2024 05:03 Pantera Capital explores the complexities of correctly pricing cryptocurrencies, highlighting the need for accurate and transparent valuations in volatile markets. Pantera Capital, a prominent investment firm in the cryptocurrency space, has released a detailed analysis of the complexities of pricing in the cryptocurrency market. According to Pantera Capital, the report, titled ‘Getting the Pricing Right in Crypto’, explores the challenges and methods involved in achieving accurate valuation.The importance of accurate pricingAccurate pricing in the cryptocurrency market is critical due to the inherent volatility and speculative nature of digital…
Policy • August 8, 2024 1:40 PM EDT Posted 1 minute earlier ~ in The repatriation of former Terraform Labs CEO Kwon Do-won to South Korea has been delayed again.According to local media, the court decided to wait until the Supreme Court rules on the request for legality protection.As previously reported by The Block, the delay is yet another move in the back-and-forth over extradition from Montenegro after Kwon was arrested in March 2023 in Montenegro on suspicion of document forgery while attempting to board a flight to Dubai. The High Court of Montenegro initially ruled in February of this…
The Miami International Stock Exchange (MIAX) just withdrew its application for options trading. Spot Bitcoin ETF. This comes after the first proposal came out in January this year after the U.S. Securities and Exchange Commission (SEC) approved a spot Bitcoin ETF. The withdrawal was announced in an SEC filing on August 1. MIAX withdraws proposal amid regulatory uncertainty MIAX’s decision The withdrawal comes after Better Markets raised concerns and commented on the risks of the product. Better Markets, a non-profit organization not affiliated with any political party, outlined the potential risks to investors and the financial sector. However, this does…
A prominent cryptocurrency analyst believes that a major altcoin project could soon see a price surge based on one key indicator. Jamie Coutts, senior cryptocurrency analyst at Real Vision, says “high-quality” altcoins may be approaching a market bottom, based on their market cap to top 200 equally-weighted index ratios. The Top 200 Equal Weighted Index tracks the performance of the top 200 cryptocurrencies by market cap against Bitcoin (BTC). He said that based on historical precedent, some alternatives could soon be corrected and reversed course. “My small cap or alternative sentiment chart: The top 200 equal weight index vs market…
Tony Kim Aug 9, 2024 02:55 LangGraph v0.2 introduces a new checkpointer library with SQLite and Postgres options to improve customization and resilience of LLM applications. LangChain has announced the stable release of LangGraph v0.2, and has announced an important update by introducing a new checkpointer library. According to the LangChain blog, this library aims to improve the resiliency and functionality of large-scale language model (LLM) applications by simplifying the creation and customization of checkpointers. Why LangGraph v0.2 was developed A core feature of LangGraph is its built-in persistence layer implemented via checkpointers. These…
BNB (BNB), the native token of the BNB chain, surged 6% on August 8, breaking through the $500 resistance level. However, BNB still fell 9% on the week as there was a significant correction in early August as investor interest in cryptocurrencies waned. Despite this, BNB has outperformed most altcoins, falling just 1% over the past 30 days, while the overall altcoin market cap (excluding stablecoins) has fallen 7% over the same period.BNB/USD (blue) vs. total altcoin capitalization (orange). Source: TradingViewAn improved macroeconomic outlook has boosted the BNB price. Traders are now questioning whether BNB can reclaim its late July…
FLOKI needs to recapture the Fibonacci levels as support and consolidate to introduce a bullish bias. Technical indicators and liquidity pools suggested another price drop. FLOKI (FLOKI) is in a downtrend and has not started to recover from recent losses, but is up 30.5% from its recent low. The overhead resistance level of $0.00014 looks like a bullish reversal. The most recent low is $0.0002. In the coming weeks, FLOKI investors will be hoping that nearby resistance levels turn into support and that the price will consolidate there. FLOKI The bulls have a long fight ahead of them. Source: FLOKI/USDT…
Plus Token Wallet Moves $63.1 Million in ETH After 3 Years of Dormant Some of the dormant funds that were stored in the Bidek were transferred to Huobi. This move could trigger a market panic. The current value of ETH is $2,379.35. In a dramatic turn of events, a whopping $63.1 million worth of Ethereum (ETH) was moved from a cryptocurrency wallet linked to the infamous Plus Token scam, after lying dormant for over three years. The sudden movement of assets worth 25,757 ETH has raised concerns about potential market volatility. The wallet was last activated in 2021. According to…
Several exchanges, including the National Stock Exchange MIAX, have withdrawn proposals to list and trade options on spot Bitcoin exchange-traded funds (ETFs).The Miami International Stock Exchange (MIAX) withdrew its proposed rule change on August 1, according to the U.S. Securities and Exchange Commission. filing Posted on Thursday. MIAX did not immediately respond to a request for comment.Other exchanges have also withdrawn similar proposals, according to filings published Thursday. They include MIAX PEARL, LLC and BOX Exchange LLC. BOX Options did not immediately respond to a request for comment. MIAX proposed the rule change in January, shortly after the SEC first…