PEXX Raises $4.5M in Seed Round for Revolutionary Stablecoin-Fiat Payments Platform – Chainwire housenewsroomPEXX has raised $4.5 million in a seed round for its innovative stablecoin-to-fiat payments platform. We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access…
Author: Crypto Flexs
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Bitcoin (BTC) broke above $67,000 on the weekly close on July 21, setting the stage for a 10% rally in a “very explosive move.”BTC/USD 1-day chart. Source: TradingViewBitcoin Price Continues ‘Amazing Retest’BTC price action surged to new July highs over the weekend, according to data from Cointelegraph Markets Pro and TradingView.The largest cryptocurrency continued its recovery in after-hours trading, up 10.4% on a weekly basis and 6.6% in July as of this writing, according to monitoring firm CoinGlass.BTC/USD monthly returns (screenshot). Source: CoinGlassNaturally, market participants were optimistic about the outcome. Popular trader Benjamin Cowen expects the 20-week simple moving average…
Welcome to Finance Redefined, a weekly newsletter that provides essential insights into decentralized finance. This newsletter is designed to bring you the most important events of the past week.This week brought more negative news for the DeFi space, with hackers stealing $230 million worth of digital assets from Indian crypto exchange WazirX in the second-largest crypto heist of the year. Players of the viral Telegram-based clicker game Hamster Combat are also being targeted by malicious actors who are manipulating fake cryptocurrency airdrops.One of the biggest wins for the industry was the shutdown of the infamous cryptocurrency phishing app Angel Drainer…
“Golf is deceptively simple and yet endlessly complex. It satisfies the soul and frustrates the intellect. It is simultaneously rewarding and infuriating. And it is without a doubt the greatest game ever invented by man.” – Arnold PalmerThis quote from one of the greatest figures in golf is reminiscent of the Bitcoin journey in many ways. At first glance, these two inventions may seem completely unrelated, but they share some interesting similarities. The principles of golf can provide valuable insights into Bitcoin, and understanding Bitcoin can help you unravel the intricacies of golf.In both pursuits, reaching a certain limit of…
Felix Pinkston 21 Jul 2024 08:55 IBM Research is pushing the boundaries of science, mathematics, and computation through its Exploratory Science Initiative. According to IBM Research, IBM Research is embarking on a journey to answer some of the most fundamental questions in science, mathematics, and computation. Understand the world IBM researchers are working to gain a deeper understanding of how the world works. This initiative, called Exploratory Science, aims to use this knowledge to advance a variety of scientific disciplines. The research spans multiple disciplines and seeks to discover new insights and applications that…
Jessie A Ellis 21 Jul 2024 09:24 Binance has completed the Galxe (GAL) token swap, revaluation, and rebranding to Gravity (G) and is now open for trading. Binance has successfully completed the token swap, revaluation, and rebranding of Galxe (GAL) to Gravity (G), as announced on the official Binance website. This transition represents an important update for users holding GAL tokens. Deposits and Withdrawals Deposits and withdrawals for the newly rebranded Gravity (G) token are now open. Binance has also launched spot trading for G/.USDT and G/TRY pairs as of 2024-07-19 08:00 (UTC). Users…
A widely known cryptocurrency analyst and trader says one of the Ethereum (ETH)-based altcoins could be preparing for a double-digit rally. An analyst known by the pseudonym Credible Crypto told his 403,900 followers on social media platform X that the native token of stablecoin lending platform CurveDAO, CRV, could surge by more than 24% from its current value to as high as $0.37. The analyst says several indicators suggest a CRV breakout is imminent, including the token holding a key level near $0.26 as support. “We are holding the same levels as we covered in our last tweet on CRV,…
Rebecca Moen 21 Jul 2024 09:51 Binance Research introduces the CPT framework, which analyzes cryptocurrency market dynamics by considering capital, people, and technology as key structural drivers. Binance Research has introduced a comprehensive framework for analyzing the current state of the cryptocurrency market called the CPT Framework. According to Binance Research, the model aims to uncover both short-term and long-term factors that affect market dynamics. The past few months have been challenging for the crypto market. After a surge at the beginning of the year, the market has been trading within a range. In…
BNB has been struggling with gains and losses over the past few hours. Despite the fluctuations, the price remained in the $590 range. Binance Coin (BNB) showed strength throughout the previous trading session, reaching one of its highest price levels in months. However, looking at a shorter time frame, BNB appears to be in a downtrend, suggesting a temporary decline or consolidation following the recent uptrend. Despite this short-term decline, BNB’s long-term accumulated profits are still intact. Binance slips to smaller timeframes Analysis of Binance Coin (BNB) on different time frames reveals distinct market trends and trends. On the daily…
Crypto Analyst Crypto Kaleo He explained why he believes Bitcoin will continue to outperform Ethereum in the short term. He made this argument based on his own beliefs. Spot Ethereum ETF As many people expect, there will be no immediate impact on the price of ETH. Bitcoin will outperform Ethereum for now Crypto Kaleo is stated on X (formerly Twitter). post He said he doesn’t believe the hype surrounding the Spot Ethereum ETF launching next week will have the following consequences: Ethereum outperforms BitcoinInstead, he predicts ETH will underperform its Bitcoin counterpart next week. He noted that the hype surrounding…