Tony Kim 24 July 2024 13:27 Binance has announced tick size adjustments for several USDⓈ-M perpetual futures contracts to improve market liquidity and user experience. Binance, one of the major cryptocurrency exchanges, has announced a tick size adjustment for several USDⓈ-M perpetual futures contracts. According to Binance, these changes will take effect on July 25, 2024 at 06:30 (UTC). Purpose of adjustment The main purpose of this adjustment is to increase market liquidity and improve the overall trading experience for users. Binance has clarified that the change in tick size, which represents the minimum…
Author: Crypto Flexs
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This week has not been kind to the crypto markets, as they continue to trend bearish. Financial markets have remained uncertain since Biden’s surprising loss in the presidential election. Even the most stable cryptocurrencies like Bitcoin and Ethereum are gradually losing their value. Despite the difficulties, the rising meme coins have captured the attention of traders around the world. However, their rise is not expected to continue as a dominant force in the market. Introducing a daily updated overview of the cryptocurrency industry. Bitcoin After a week of continuous growth, Bitcoin has stabilized and is currently slightly declining in value.…
Bitcoin Bitcoin -0.17% Rewards app Fold has reached an agreement to merge with FTAC Emerald Acquisition Corp., a Nasdaq-listed special purpose acquisition company backed by Cohen Circle, in a move that would make Fold a publicly traded company.Fold allows users to earn Bitcoin cashback on everyday purchases at retailers like Amazon, Uber, and Starbucks. It also offers a debit card that rewards Bitcoin for transactions, and users can spin a rewards wheel to earn additional Bitcoin. Integrated with the Bitcoin Lightning Network, Fold also includes features like recurring Bitcoin purchases, earning Bitcoin for bill payments like mortgages and rent, rounding…
According to a popular cryptocurrency trader, one of Ethereum’s (ETH) competitors will likely be closely following Solana’s (SOL) recent surge. An analyst with the pseudonym Immortal told his 214,500 followers on social media platform X that smart contract platform Avalanche (AVAX) is “tracking SOL with muscle memory.” The trader shares two charts to show the same price pattern in SOL and AVAX. Source: Inmortal/X The trader also noted that AVAX has entered its “final setup” and is currently targeting $42. Source: Inmortal/X Looking at the trader’s chart, it seems he is predicting that AVAX will bounce after reclaiming the key…
Peter Zhang July 24, 2024 11:39 Cronos (CRO) zkEVM is launching a Passage quest ahead of the mainnet launch, asking users to deposit CRO or LCRO to receive zkCRO and loyalty points. Cronos (CRO) Labs announced the launch of the Passage quest for Cronos zkEVM, the next-generation layer 2 blockchain network. The Passage quest is designed to engage users ahead of the mainnet launch, which is expected to begin in the coming weeks.Cronos zkEVM Passage QuestThe Passage quest allows users to deposit CRO or LCRO into the Cronos zkEVM bridge. In return, participants will…
Vault12 Guard lets you choose a trusted guardian to protect your digital valuables. After you create a Vault, you are ready to assign a guardian, who can help you recover your Vault in the event of an accident, such as losing your phone.This guide will walk you through the steps to help you designate a guardian simply and efficiently. How do I add a Vault12 Guardian? Now that you have set up your Vault12 Guard Digital Vault, from the Vault home screen, click “Add a guardian” Press the button. “My Guardians From the screen, you can easily manage existing guardians…
Company • July 24, 2024 1:07 AM EDT Posted 1 minute earlier In ~ Bitcoin Bitcoin -0.53% Mining company Riot Platforms announced today that it is expanding its mining operations by acquiring Kentucky-based Bitcoin mining company Block Mining in a $92.5 million deal.In a statement released Tuesday, Riot said the acquisition would immediately add 60 megawatts of operating capacity to its current capacity.Riot plans to further expand Block Mining’s two sites, targeting 110MW of its own mining operations by the end of 2024,” the company added, bringing Riot’s total potential power capacity to 2GW.“This transaction diversifies our operations nationally and…
dYdX has announced a security breach and has urged users to avoid the website. The DYDX token has fallen more than 4% since the recent breach, reflecting market concerns. On July 23, decentralized perpetual exchange dYdX announced on social media that it had suffered a security breach. The incident comes shortly after Bloomberg reported that dYdX v3 was up for sale. What happen? dYdX issued a warning to its users and the broader cryptocurrency community, sharing the news on X to alert everyone to the potential risks, saying: “Do not visit the website or click on any links until further…
Darius Baru 24 Jul 2024 09:48 Binance has announced support for the Conflux (CFX) network upgrade and hard fork and stated that deposits and withdrawals will be suspended on August 13, 2024. Leading cryptocurrency exchange Binance has announced support for the upcoming Conflux (CFX) network upgrade and hard fork. According to Binance, the upgrade is scheduled to occur on August 13, 2024 at 05:30 (UTC).Network Upgrade DetailsTo facilitate the network upgrade and hard fork, Binance will temporarily suspend token deposits and withdrawals on the Conflux (CFX) network. The upgrade will occur at block height…
Economy, Abortion, ImmigrationIn the first debate on June 27, U.S. President Joe Biden and presidential candidate Donald Trump debated key issues including the economy, abortion rights, immigration and foreign policy. In the 90-minute debate hosted by CNN, the candidates discussed their plans and capabilities, and briefly mentioned age. Biden is 81 and Trump is 78, making him the oldest presidential candidate ever. But despite the importance of these topics, one important issue was not mentioned at all: cryptocurrencies.Significant political spending in the cryptocurrency industryThis omission is notable given the significant financial influence the cryptocurrency industry has wielded in the current…