Felix Pinkston July 19, 2024 03:54 Binance introduces a new promotion offering token vouchers worth up to 30,000 USDT for trading Ethereum ecosystem tokens and futures. Binance has announced a new promotional event called ‘Ethereum Carnival’. The event aims to reward users with a total of 30,000 USDT in token vouchers. According to Binance, the promotion will run from July 19, 2024 to August 1, 2024. Promotion Details During the promotion period, participants can participate in futures trading of ETHUSDT, ETHUSDC, and several other designated perpetual contracts. The event is divided into three main…
Author: Crypto Flexs
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ZetaChain introduces Gateway and Localnet for a better DevX. Gateways enable seamless multi-step operations across blockchains. Localnet provides fast smart contract deployment with immediate feedback. Blockchain interoperability is one of the core problems of current technology. If various blockchain networks cannot integrate and work together, blockchain applications are limited to native chains. This greatly reduces the potential for innovation in the space. One project that is realizing the potential of cross-chain applications is ZetaChain, a network that brings together various chains. The latest upgrade aims to significantly improve interoperability between various blockchains and make “Universal Apps” a reality. Building apps…
Bitcoin (BTC) is set to rally “significantly” as intense volatility approaches, according to new analysis.Julien Vittel, head of macroeconomic research at financial advisory publisher Global Macro Investor, predicted in a post on X on July 19 that the BTC price could rise to as high as $190,000.“Compressed” Bollinger Bands Spark Talk of 6-Digit BTC PriceBitcoin has the potential to soar to six-figure all-time highs if it shows signs of volatility like it has in the past.According to Bittel, the current “crazy” state of the Bollinger Bands volatility indicator is expected to lead to a surge in BTC/USD.“Bollinger Bands are incredibly…
July 17, 2024 The EEA today published version 1 of its DeFi Risk Assessment Guidelines a pioneering document that outlines risks and mitigation strategies for DeFi protocols. The guidelines also cover the documentation and data that projects must have to help investors assess and manage these risks and mitigations. This standard was created and will be maintained by the EEA’s DRAMA working group, which brings together leading representatives from the blockchain and financial industries to strengthen the DeFi ecosystem against a variety of risks. Banco Santander, Bitwave, C4, Certik, Coinchange, Consensys, Cryptio, Cube.AI, DeFi Safety, DTCC, Entersoft, EY, Hacken, Noves,…
Hong Kong has announced the first group of participants for its stablecoin sandbox, but has warned that it is not yet allowed to raise funds from the public as the region continues its efforts to become a crypto hub.In a statement late Thursday, the Hong Kong Monetary Authority, the de facto central bank, said it would allow institutions to pilot operational plans for stablecoin issuances “to establish a fit-for-purpose and risk-based regulatory framework.”Announced by the HKMA in March, the sandbox will first see participation from Jindong Coinlink Technology, RD Innotech, Standard Chartered Bank, Animoca Brands and Hong Kong Telecom.In a…
An altcoin that has gained more than 120% in two weeks is poised to continue its upward trend, according to a prominent cryptocurrency analyst. In a new strategy session, anonymous cryptocurrency trader Altcoin Sherpa told his 217,800 followers on social media platform X that Cosmos (ATOM)-based GameFi project Dymension (DYM) is ready to surge once again. “I tried to buy but it was down for 30 minutes. After a big surge, if you see this kind of price action, another uptrend is coming. DYM.” Source:Altcoin Sherpa/X According to the trader’s chart, he believes DYM will soon reach the $2.25 price…
Louisa Crawford July 19, 2024 04:32 Ethereum developers discussed important changes and major proposals for the execution layer in the Core Developers’ Call #192. On July 18, 2024, Ethereum protocol developers gathered virtually for the All Core Developers Execution (ACDE) Call #192. According to Galaxy.com, this biweekly meeting, chaired by Ethereum Foundation (EF) Protocol Support Director Tim Beiko, focuses on discussing and coordinating changes to Ethereum’s execution layer (EL). Discussion of EOF and EIP 7702 This week, developers have been discussing extensively the inclusion of the Ethereum Virtual Machine Object Format (EOF) in the…
The past few weeks have been a major blow to Bitcoin, with the German government selling off and the massive fears surrounding the Mt. Gox redemption. The crypto market appears to be cooling off after the recent rally, which has seen the Bitcoin (BTC) price soar to a record high of $66,000 this week. Bitcoin Effect After recovering from the $54,000 bottom, Bitcoin rallied above the $62,000 support level like there was no tomorrow. Buyers were furious when Bitcoin climbed to $65,000. HHowever, as the market stabilized, BTC fell to $63,500 and has remained in that range ever since. BTC/USDT…
Solana Mimecoin Dogwhipheart (WIF) has re-entered the top 50 cryptocurrencies by market cap after a 41.44% gain last week.According to data from Cointelegraph Markets Pro and TradingView, WIF is up 10% over the past 24 hours and is trading at $2.33.WIF/USD daily chart. Source: TradingViewIn comparison, Memecoin’s overall market cap fell by 5.3%, with most of the top cryptocurrencies in the space posting losses on July 18, according to data from CoinGecko. “Dogwifhat has settled back into the top 50 coins by hitting the $2.4 billion cap and needs just 2x more to hit a new ATH,” independent analyst Eldorado…
Bitcoin has been holding steady above $60,000 since mid-July. There are several positive catalysts lining up. Will BTC go higher? After staying below $60,000 in the first half of July, Bitcoin (BTC) Trump’s attacks partially restored psychological levels and previous low ranges. The recovery extended during the week, posting gains of more than 8%, but hit a hurdle near $65,000. By the time of writing, the recovery had cooled and fallen below $64,000. Will Bitcoin Grow With the ‘Trump Trade’? According to Charles Edwards, founder of cryptocurrency hedge fund Capriole Investment, BTC Stopped The Nasdaq fell to near $65,000. “Bitcoin…