Both ETH and BNB saw price declines last week. Despite the bullish pattern, market indicators for ETH and BNB were bearish. Best altcoins like: Ethereum (ETH) and B&B Last week the chart was underperforming as it remained red. However, recent analysis points to an update that suggests an imminent trend reversal. In fact, if that is true, ETH and BNB could see huge upside. Are Altcoins Ready for a Rally? CoinMarketCap’s data ETH has seen a 7% price correction over the past week. At the time of writing, the king of altcoins was trading at $3,230 and had a market…
Author: Crypto Flexs
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Proposals passed in recent lending protocols compound compete -8.048% In the financial sector, there have been claims of governance attacks by community members who claim that a small group of people were able to acquire a large number of tokens on the open market and then force the proposal through the approval process. Proposition 289, which would allocate 499,000 COMP tokens, or about $24 million worth of 5% of Compound’s treasury, to a yield-generating protocol designed by the “Golden Boys” for one year, passed Sunday with a vote of 682,191 to 633,636. Voting on the proposal began at 11:40 p.m.…
Peter Zhang 28 Jul 2024 11:07 ElevenLabs has upgraded their dubbing API, increasing the file upload limit from 500MB to 1GB and increasing the duration from 45 minutes to 2.5 hours. ElevenLabs has announced a significant upgrade to their dubbing API, increasing the maximum file upload limit from 500MB to 1GB. Additionally, according to ElevenLabs, the upload duration limit has been extended from 45 minutes to 2.5 hours. Enhanced features for users This enhancement aims to provide users with greater flexibility and efficiency in handling larger and longer audio files. This upgrade is expected…
Independent blockchain detective Wazz posted a public warning on July 28th that “Ethereum’s largest $Neiro token is a honeypot.” source: Wow.First off, our preliminary investigation is still inconclusive as of the time of this article’s publication. However, Wazz’s post raises some notable red flags about the project. So far, we have been unable to find any contact information for the developer behind the token.According to the past detective work of Per Wazz, who is credited with first uncovering the $870,000 hot wallet hack of billionaire Mark Cuban, the specific Neiro meme token with the Ethereum blockchain address “0x3ad4f189f08cdc60496eeBb3bd70B90dF28B7455” is a…
Just a few months later worm-hole female -7.61% With the airdrop in April, this cross-chain project will unlock a third of its token circulating supply this month. That’s 600 million tokens, currently worth about $180 million. But this isn’t the only project that’s unlocking a significant portion of its tokens. Zetachain zeta -8.073% Approximately one-fifth of the circulating supply will be unlocked, with over $50 million worth of tokens to be unlocked across multiple projects. According to data from Token.Unlocks, here are all major token unlocks worth more than $10 million at current prices for the remainder of July and…
Bitcoin has definitely turned bullish over the past three weeks. Many investors are now convinced that the bullish price action is about to fully return, and various technical indicators support this surge of optimism. One such indicator is the hash ribbon, which highlights Bitcoin’s positive price momentum. Hash Ribbon tracks the behavior of miners known to directly influence cryptocurrency prices, providing compelling insights into on-chain activity. Price momentum turns positive Cryptocurrency analyst Ali Martinez has highlighted an interesting phenomenon regarding the hash ribbon indicator on social media platform X. As the analyst points out, the hash ribbon signals the end…
Felix Pinkston July 28, 2024 11:40 Filecoin (FIL) has announced the NV23 ‘Waffle’ upgrade, which improves network performance and integrates with Ethereum transactions. Filecoin (FIL) is set to release its latest network upgrade, NV23 (codenamed ‘Waffle’), on August 6, 2024. According to Filecoin, the upgrade aims to improve network performance and expand integration with the broader blockchain ecosystem. Key Features of NV23 The NV23 upgrade introduces several important Filecoin Improvement Proposals (FIPs). Fast Finality (F3) Soft Launch – FIP-00086: This proposal enables passive F3 testing on mainnet, laying the groundwork for rapid completion…
The top 10 cryptocurrencies were split almost evenly between winners and losers. The overall cryptocurrency market cap was virtually flat this week. Ethereum is under pressure due to ETF outflows. The crypto market has been mixed this week, with winners and losers among the top 10 crypto assets. Some coins have been able to capitalize on bullish sentiment, while others have struggled to maintain their upward trajectory.Mixed stocks of cryptocurrenciesSolana led the pack of gainers for the second week in a row, posting a 7.2% gain in value. XRP followed closely behind with a 3.4% gain, while Tron and Bitcoin…
Bitcoin (BTC) has recovered sharply from its weekly low, indicating positive sentiment that the dip is being bought. Market analysis firm Santiment said in a post on X that the ratio of positive to negative comments about Bitcoin has reached its highest level since March 2023.While short-term traders are focused on Bitcoin’s new all-time high, long-term investors are anticipating a hyper-bullish target for Bitcoin. Anthony Scaramucci, founder of SkyBridge Capital, said at the Bitcoin 2024 conference in Nashville, Tennessee, that Bitcoin’s market cap is likely to surpass that of gold. Bitcoin’s market cap is around $1.3 trillion, while gold’s is…
Token Project • July 28, 2024 3:11 PM EDT Posted 1 minute earlier In ~ Patrick O’Grady, VP of Engineering at Ava Labs avalanche Abox -2.43% According to an announcement from blockchain developer O’Grady at X, he will soon be leaving the company to start his own business. O’Grady recently worked on the Vryx scaling solution, which Ava Labs hopes will allow the Avalanche blockchain to scale to 100,000 transactions per second, a goal that even modern blockchains like Monad, MegaETH, and TON are aiming to achieve. O’Grady, who announced that he will remain a technical advisor at Ava Labs,…