Jessie A Ellis 24 Jul 2024 06:21 From July 1st to 7th, BNB Chain will introduce new projects in various fields such as DeFi, AI, and Web3 games. According to the BNB Chain Blog, BNB Chain has announced a new lineup of projects in the first week of July 2024. The new additions cover a wide range of fields, including DeFi, AI, decentralized social networks (DeSoc), and Web3 games. New project overview From July 1st to 7th, several promising projects joined the BNB chain ecosystem. project category explanation APRO Oracle infrastructure APRO Oracle enhances…
Author: Crypto Flexs
Read More
Polymarket is being hailed as the latest killer app in cryptocurrency. Prediction markets have key features that differentiate them from other markets. Some industry leaders argue that this application still has room to grow. Despite the rapid growth of the cryptocurrency industry in recent years, the reach of applications rarely drives adoption and growth beyond native cryptocurrency users. To date, this elite group of applications has included stablecoins, Axie Infinity, and OpenSea.But Polymarket, the Polygon-based prediction market that is currently gaining popularity during the US election cycle, looks set to join this elite class in 2024.In this article, we will…
On July 23, Bitcoin bulls fought to defend $66,000 as the U.S. spot Ethereum exchange-traded fund (ETF) surprised analysts.BTC/USD 1-hour chart. Source: TradingViewEther ETF performance is impressiveBitcoin (BTC) price strength is rebounding after initial weakness on Wall Street, according to data from Cointelegraph Markets Pro and TradingView.The launch of spot ETH ETF trading appeared to take market participants by surprise, with volumes exceeding $100 million in just 15 minutes, sending ETH/USD up 2.3%, recovering from its initial plunge.“So far the spot ETF launch has been as expected – profit taking sell-offs on both puff and spot. The move has retraced…
Discover the best cryptocurrencies to buy – Only 5% of the world’s population owns cryptocurrencies. We are very earlyAnd this is good for the top altcoins. When I first got interested in cryptocurrencies, I was all in on Bitcoin, but later switched to Ethereum and eventually split the two assets 50/50. This time, neither of us have much money. Here’s what I’m investing in: We hate spam as much as you do. You can unsubscribe with one click.
The market cap of major cryptocurrency mining stocks has risen significantly over the past two weeks, with most companies experiencing double-digit percentage growth.Marathon Digital (ticker MARA) led the way, jumping from $5.51 billion in market cap on July 8 to $7.56 billion over the weekend, a 37% increase in just five days. It dipped slightly the following week to $6.99 billion, but the company still managed to rally 27% over the 11 days ending July 19. Riot Platforms (RIOT) followed a similar pattern, rising from $2.78 billion to $3.67 billion, and ending last week at $3.16 billion after a 32%…
According to cryptocurrency analytics firm Santiment, one of the Solana (SOL)-based meme tokens could be undergoing a correction after hitting new highs over the weekend. Santiment notes that Popcat (POPCAT) has caught the attention of major traders as it has surged more than 110% from around $0.469 on July 11 to an all-time high of $0.987 on Saturday. The analytics firm explains: “Historically, this level of sudden interest following a price surge is likely to be followed by a correction, which would likely be a better entry point.” Source: Santiment/X The correction may have already begun. POPCAT is trading at…
Jorg Hiller 24 Jul 2024 03:34 Sei, a fast, parallel EVM blockchain, is now integrated into Dune’s analytics platform, providing users with enhanced data insights and dashboard creation capabilities. According to dune.com, Sei, the highly anticipated high-speed parallel EVM blockchain, has been officially integrated into Dune’s analytics platform. This integration will allow users to access new levels of data insight and create detailed dashboards for the Sei network. Say’s unique proposal Sei combines the strengths of Solana and Ethereum by implementing a fast, parallelized EVM chain. It provides a highly optimized execution layer that…
Analysts believe that the price of Ether could soar to all-time highs in the coming months after the first Ether spot Ether ETF (exchange-traded fund) is launched in the US. Traders believe that such a fund is “highly undervalued.”Spot Ethereum (ETH) ETFs began trading on July 23, a day after the U.S. Securities and Exchange Commission gave final approval to issuers including BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck, and Invesco Galaxy.In just 15 minutes after trading began, the ETF recorded an impressive trading volume of $120 million.ETH/USD 1-hour chart. Source: TradingView“The ETH ETF has crazy numbers. In the first…
The price of SOL has risen more than 12% over the last 7 days. Market indicators have turned bearish for the token. Solana (SUN) It successfully broke out of a major bullish pattern that suggests continued price gains in the coming days. In addition, indicators flashed a buy signal for SOL. Let’s take a look at what’s happening and assess whether SOL can continue its rally in the coming days. Solana’s bullish move CoinMarketCap’s data Solana’s price has increased by more than 12% over the past 7 days. However, the last 24 hours have seen a downtrend with the token…
Institutional cryptocurrency custodian Hex Trust has received in-principle approval for a Major Payments Institution (MPI) license in Singapore as it looks to expand its operations there.The company said in a statement shared with The Block that the Monetary Authority of Singapore has granted preliminary approval for an MPI license, which will allow the company to offer “digital payment token services,” namely “custody and OTC trading of DPTs” in Singapore.“We are excited to strengthen our presence in Singapore, a vibrant hub for fintech innovation and renowned for its excellent regulatory framework,” said Alessio Quaglini, Co-Founder and CEO of Hex Trust. Follow…