Speculation about a Cardano ETF has generated mixed reactions, with ADA’s price dropping 5%. Past data and the upcoming Windows hard fork give rise to optimism about ADA’s future prospects. Just two days after the Ethereum (ETH) ETF was approved for trading, the Cardano (ADA) ETF is gaining increasing attention. Is a Cardano ETF Next? This excitement was fueled by a recent post on X by Tap Tools, a platform for tracking tokens, NFTs, and wallets on the Cardano blockchain. The post raised a provocative question, sparking speculation and discussion within the cryptocurrency community about the potential implications for ADA…
Author: Crypto Flexs
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Pepe Unchained’s latest prediction is gaining attention for its innovative Layer 2 technology and lucrative dual staking rewards. Likewise, the MoonBag presale is gaining attention as a promising early-stage investment opportunity. However, MOONHOP (MHOP) stands out as one of the best meme coin presales. With a starting price of $0.01, MOONHOP has already raised $995K in its first round. With a target of 4900% growth by launch, the impressive growth potential of this coin and its fun and engaging community make it a top contender in the meme coin market. Pepe Unchained predictions show potential growth The Pepe Unchained prediction…
After approaching the $68,000 level on July 22, Bitcoin (BTC) has faced a 6% correction over the past three days, wiping out the gains made in the previous week. From a bullish perspective, there are positive signs as the $64,000 support remains firm. Buyers are defending Bitcoin’s market cap at $1.25 trillion, slightly higher than the British pound ($1.15 trillion). Still, Bitcoin bears are supported by macroeconomic data, at least in the short term.Bitcoin price drop coincides with U.S. stock market declineBitcoin’s price decline coincides with the Nasdaq index futures movement, which experienced a 4.9% correction between July 23 and…
near -8.67% Protocol is a Layer 1 blockchain platform designed to simplify the creation and deployment of fast, cheap, decentralized applications (dapps). It competes with Ethereum, Solana, and other Layer 1 blockchains. The platform’s core technical feature is an approach to sharding called “Nightshade,” which the developers claim will allow the network to process transactions quickly and cheaply.Establishment and DevelopmentThe NEAR protocol was founded in 2018 in San Francisco by computer scientists Alexander Skidanov and Illia Polosukhin, at a time when Ethereum’s congestion and scalability problems were becoming more prominent. Skidanov previously worked as head of engineering at MemSQL, and…
Coinbase’s Layer 2 chain, Base, begins its journey towards Phase 1 decentralization by deploying a proof of error on the Base Sepolia testnet. The Base network is centralized, meaning only operators can propose network status to the Ethereum mainnet. Anyone can propose a Base state and initiate the transition to decentralized rollups through a proof of error. On July 23, 2024, Base network operators announced the deployment of the proof of error to the Base Sepolia testnet, a staging environment for running and testing applications and code before deploying to the mainnet. According to a social media post from Base…
Investment manager VanEck predicted in a July 24 report that Bitcoin (BTC) could reach a total market cap of $61 trillion (or about $2.9 million per coin) by 2050 due to massive demand for decentralized currencies used as collateral for transaction settlements and as central bank reserves. “We can imagine that by 2050, Bitcoin could be used to settle 10% of global trade and 5% of global domestic trade,” VanEck said in the report. “This scenario would lead central banks to hold 2.5% of their assets in BTC.”VanEck added that the total value of scaling solutions for Bitcoin’s blockchain network,…
Rebecca Moen 25 July 2024 17:30 Binance Square will be giving away $10,000 worth of PIXEL tokens to verified users who complete the specified tasks. This activity will run from July 25, 2024 to August 8, 2024. According to Binance, Binance Square has launched a new giveaway event, giving verified users a chance to win $10,000 worth of PIXEL tokens by completing a series of simple tasks. The activity period for this giveaway event is from 09:00 (UTC) on July 25, 2024 to 09:00 (UTC) on August 8, 2024. During this period, users can…
Bitcoin rose back to $65,000 after Wall Street opened on July 25 as U.S. stocks recovered from their worst day since 2022.BTC/USD 1-hour chart. Source: TradingViewBitcoin turns bullish after algorithm-driven selloffBitcoin (BTC) price has rebounded after initial selling pressure, according to data from Cointelegraph Markets Pro and TradingView.Popular Trader Skew says this is a form of trading algorithm, highlighting one entity in particular called an “aggressive seller.”Source: Skew“This morning is a great example of a fluid game,” he explained in the latest X update. “Aggressive sellers have driven the price down before a large passive buyer comes in. The price…
Tortola, BVI, July 25, 2024, Chainwire Tanssi AppChain Infrastructure Protocol announces a significant collaboration with Grupo Flow, one of Brazil’s largest media ecosystems, boasting over 23 million subscribers across multiple platforms. This collaboration represents a milestone as Grupo Flow transitions into the blockchain space with the creation of Flow Chain. Tanssi facilitates this move, bringing Grupo Flow’s vast community into the blockchain space while connecting them to Polkadot’s vibrant and interoperable ecosystem. This strategic integration will enhance user engagement, expand Grupo Flow’s audience reach, and open up new monetization opportunities for content creators on the Flow Chain platform, ensuring a…
Retail stock and cryptocurrency platform eToro has disabled trading of Terra Luna Classic. eToro made its decision based on the progress of Terra’s bankruptcy case. LUNC Validators Put Pressure on TerraForm CEO, Demand Answers The community of the Terra Luna Classic (LUNC) blockchain has expressed its disdain for eToro’s actions in the wake of TerraForm Labs’ bankruptcy proceedings. TerraForm Labs, the parent company of Terra Luna Classic, recently released a timeline for claims of losses related to the ecosystem crisis in May 2022. eToro has decided to delist both associated tokens, Terra (LUNA) and LUNC.Why eToro’s Delisting Outraged LUNC HolderseToro’s…