The development team behind Polygon (MATIC), a two-layer scaling solution, has announced that the ecosystem’s native asset will be officially renamed to POL after a major network upgrade later this year. Polygon Labs announced in a new blog post that starting September 4, MATIC will be replaced with POL, the blockchain’s native gas and staking token. “As an upgrade to MATIC, POL will initially be the gas and staking token for Polygon Proof-of-Stake (PoS). In later stages, the community may decide to expand the utility of POL to play a significant role in AggLayer.” AggLayer is a project from Polygon…
Author: Crypto Flexs
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Felix Pinkston 20 July 2024 17:49 ElevenLabs aims to revolutionize the TTS industry by introducing cutting-edge text-to-speech software that generates over 100 AI voices in 29 languages. ElevenLabs, a leading developer of artificial intelligence, has released a new text-to-speech (TTS) software that sets a new standard for the industry. According to ElevenLabs, the software provides premium AI-generated voices and allows users to create text-to-speech voice narrations in minutes. Features and Performance ElevenLabs’ newly released TTS software boasts impressive features. Supporting 29 languages and offering over 100 unique voices, it is one of the most…
Etherfuse, a real-world asset (RWA) tokenization platform, has raised $3 million in a seed funding round.White Star Capital and North Island Ventures co-led the round. mainly XLM +0.61% Development Foundation, FunFair Ventures, XYZ Division, Anna Yuan Solana brush +2.35% Etherfuse announced on Saturday that it will be joining forces with Alice Ann Schwartz of Rising Tide Network.The startup began raising money for a seed round in January and closed in May, co-founder and CEO David Taylor told The Block. The round was structured as a simple future equity agreement, or SAFE, and valued Etherfuse at $12.5 million, Taylor, a former…
According to key indicators, Ethereum could potentially reach $5,000 in the coming months. Despite this, some other market indicators turned bearish and flashed red. Hype all around Ethereum (ETH) The ETF has been on a tear recently, and as the launch date approaches, investors’ expectations for the altcoin king have also been rising, with many expecting the launch of the spot ETF to be the catalyst for a new bull market for cryptocurrencies. Ethereum ETFs Make the rounds In this context, IntoTheBlock recently shared: Twitter It highlights something very interesting. According to the on-chain analytics platform, $126 million worth of…
that much Chicago Board Options Exchange (CBOE) The launch date for a spot Ethereum ETF has been confirmed, and five spot ETH ETFs have revealed when they will begin trading on the cryptocurrency markets. CBOE Confirms Spot Ethereum ETF Launch Date On July 19, CBOE posted a new issue notice on its official website. Spot Ethereum ETF TradingAccording to the announcement, five Spot ETH ETFs are scheduled to begin trading on the Chicago Board Options Exchange on July 23, 2024, subject to regulatory effectiveness. Previously, analysts including Bloomberg Senior ETF Analyst Eric Balchunas, I predicted that a Spot ETH ETF…
News Publisher Jul 20, 2024 12:54 PrimeXBT is a 2018-founded platform offering trading services for cryptocurrencies, forex, commodities, and stock indices. It offers high leverage options, advanced charting tools, and copy trading functionality. Despite competitive fees, 24/7 customer support, and a mobile app, it lacks regulatory oversight and has limited fiat currency options for deposits and withdrawals. It caters to both novice and experienced traders. Introduction In the rapidly evolving landscape of online trading platforms, PrimeXBT has emerged as a notable player, offering a comprehensive suite of trading services across multiple asset classes.…
Dogecoin (DOGE) is riding the wave of recovery along with the broader cryptocurrency market, including memecoin, due to several factors, the most important of which is the increasing likelihood of a rate cut in September.Top Mimecoin performance by daily, weekly and monthly time zones. Source: MessariMoreover, if Donald Trump wins the US presidential election, the market enthusiasm will increase even more as support for cryptocurrencies is likely to grow under his leadership.DOGE price rises on Trump event, expectations of rate cutThe price of DOGE has increased by 5.75% in the last 24 hours and is currently trading at $0.13, its…
Former President Donald Trump is reportedly considering Bitcoin (BTC) as a strategic reserve asset, according to Dennis Porter, CEO of the Satoshi Action Fund. The announcement is expected at the Crypto Convention in Nashville later this month, and analysts believe it could have a significant impact on financial strategies worldwide and help drive the acceptance of Bitcoin as digital gold. The implications for the market cap of Bitcoin (BTC) are significant. If Trump were to execute this rumored plan, it would likely significantly increase Bitcoin (BTC)’s credibility and appeal to cryptocurrency enthusiasts. Experts believe that this move could prove the…
Dogecoin (DOGE) is riding the wave of recovery along with the broader cryptocurrency market, including memecoin, due to several factors, the most important of which is the increasing likelihood of a rate cut in September.Top Mimecoin performance by daily, weekly and monthly time zones. Source: MessariMoreover, if Donald Trump wins the US presidential election, the market enthusiasm will increase even more as support for cryptocurrencies is likely to grow under his leadership.DOGE price rises on Trump event, expectations of rate cutThe price of DOGE has increased by 5.75% in the last 24 hours and is currently trading at $0.13, its…
Expected release Ethereum Ethereum +1.01% One analyst said Tuesday that spot exchange-traded fund (ETF) trading may not have been priced in, and that the market could take an unexpected hit from the Ethereum price rally.“Given the confusion and uncertainty surrounding the launch of a spot Ethereum ETF, it seems like the market is not fully pricing in the impact of the ETF, and gains of 25% or more could easily occur,” Darius Tabai, CEO of on-demand DEX Vertex Protocol and former Merrill Lynch & Credit Suisse trader, told The Block.Tablay added that if Ether’s rally continues, he expects there to…