Coinbase, the largest cryptocurrency trading platform in the United States, has suddenly announced that it is adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game. According to a new announcement on social media platform X, Coinbase has revealed that LRDS will be receiving an experimental label, meaning that the token is either new to the platform or has low trading volume compared to the digital asset industry as a whole. “BLOCKLORDS (LRDS) is now available on Coinbase.com with the Experimental label on the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell,…
Author: Crypto Flexs
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dot Ethereum Ethereum -4.88% The ETF saw strong trading volumes in its first three days on the market, but demand is cooling off. Hot start. Cumulative trading volume between funds on Thursday was about $850 million, according to Yahoo Finance data compiled by Block Pro Research. Trading volume surpassed $1.05 billion in Tuesday’s session and $950 million on Wednesday.The ETF recorded net outflows of $133.16 million on Wednesday, reversing Tuesday’s net inflows of $106.78 million. Grayscale Ethereum Trust (ETHE) recorded net outflows of $326.86 million, making it the only ether fund to see an outflow, according to SosoValue.Ahead of Thursday’s…
The Wisconsin State Investment Board, the state’s public pension plan, manages about $156 billion in assets and is the largest pension plan to jump into cryptocurrencies so far, investing $160 million in a spot Bitcoin ETF earlier this year. Some smaller pension funds, such as the Houston Firefighters Relief and Pension Fund, which manages about $5 billion in assets, have been investing in cryptocurrencies for years.
Ted Hisokawa 25 Jul 2024 01:17 Gala Gold, Gala Games’ VIP membership, provides exclusive Discord access, special NFTs, and game testing opportunities for a lifetime membership fee. Gala Games has unveiled Gala Gold, a VIP membership club designed to provide exclusive benefits to its most dedicated community members. According to Gala News, the membership will include lifetime access to a special Discord zone, playtesting opportunities, and more. Gala Gold: A Commitment to Exclusivity Gala Gold membership is limited to a one-time fee, which has increased over time to maintain exclusivity. The membership fee, which…
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…
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,…