Terrill Dickey January 16, 2025 02:50 The Filecoin (FIL) Foundation outlines its 2025 vision, highlighting the FIL Dev Summit in Toronto, Portrait launch, and new members of the Decentralized Storage Alliance. The Filecoin Foundation has unveiled its 2025 strategic vision, which emphasizes seamless integration of Filecoin (FIL) into the digital economy and achieving product-market fit. According to Filecoin, this announcement marks an important milestone as the community welcomes the new year. Mobilizing for Influence The Foundation is rallying the community to make Filecoin seamless and focus on achieving product-market fit. This initiative is part…
Author: Crypto Flexs
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More than 60% of cryptocurrency investors are between the ages of 25 and 44, according to a new survey from on-chain analytics firm CryptoQuant. CryptoQuant’s “2024 Cryptocurrency Survey: Exchange Usage and Investor Behavior,” released on January 15, found that 35% of users are between the ages of 25 and 34, and 26% are between the ages of 35 and 44.The report also showed that cryptocurrency investors tend to be highly educated, with nearly 50% holding a bachelor’s degree and 28% holding an advanced degree.The majority of cryptocurrency investors are young, male, and have a bachelor’s degree. Source: CryptoQuant ResearchThe cryptocurrency…
Caroline Bishop January 16, 2025 03:30 GitHub experienced two significant service outages in December 2024, which affected user access due to server overload and third-party service outages. GitHub, a leading platform for software development collaboration, reported two significant service outages in December 2024, according to the GitHub blog. This incident resulted in degraded performance across our services, impacting user access and functionality. December 17 incident The first event occurred from 14:33 UTC to 14:50 UTC on December 17, 2024. During this period, GitHub users experienced intermittent errors and timeouts, with an average error rate…
HighlightsVitalik Buterin defends Soneium’s token restrictions, emphasizing on-chain governance and transparency.Soneium processed 47 million transactions in four months, attracting more than 14 million users.Soneium aims to integrate USDC as a major exchange token and bridge Web2 and Web3. . Ethereum co-founder Vitalik Buterin has endorsed Soneium, a new layer-2 blockchain built on top of Ethereum, as a promising solution for users and enterprises. Soneium, launched on January 14, 2025 by Sony Block Solutions Labs (Sony BSL), has already generated considerable interest. “The Soneium situation is a great example of how the Ethereum L2 launch is good for businesses and…
Felix Pinkston January 16, 2025 03:58 Nomura’s Laser Digital invests in BounceBit to strengthen collaboration in digital asset infrastructure and connect traditional finance and DeFi. BounceBit, a pioneering company in digital finance, has secured a strategic investment from Laser Digital, the digital asset subsidiary of Nomura Holdings. According to BounceBit, this investment marks a significant step forward in the collaboration between BounceBit and one of Japan’s most established financial institutions. Institutional Trust in Digital Assets With over 100 years of heritage in global finance and $400 billion in assets under management, Nomura’s investment in…
A renowned cryptocurrency strategist believes that altcoins in the decentralized finance (DeFi) space look strong compared to the US dollar and Bitcoin (BTC). DeFi lending platform Aave (AAVE) is flashing several bullish signals on the 8-hour chart, pseudonymous analyst Bluntz told his 308,500 followers on social media platform X. “AAVE is one of my favorite alternatives here. Deleting ABC from the 8-hour chart and 5 waves within the C wave shows an 8-hour bullish divergence brewing. I think it’s a T1 (primary) setting.” Source: Bluntz/X Bluntz follows the Elliott Wave theory, which states that bullish assets tend to witness a…
Darius Varu January 16, 2025 04:27 Jio Platforms Ltd. partners with Polygon (MATIC) Labs to power Web3 capabilities and impact over 450 million users in India with cutting-edge blockchain solutions. Jio Platforms enters Web3 Arena through strategic partnershipJio Platforms Ltd. (JPL), a subsidiary of Reliance Industries Limited and a leading multinational technology company, announced a strategic collaboration with Polygon (MATIC) Labs. The move marks Jio’s formal entry into the Web3 and blockchain sector in India, enhancing digital services for its wide user base.The partnership focuses on leveraging Polygon’s advanced blockchain technology to integrate Web3…
Stellar reversed SUI by market cap after rising more than 11% in 24 hours. XLM’s rally can be attributed to buying pressure, with RSI moving closer to overbought territory. Stellar (XLM) turned over SUI Based on market capitalization, after rising more than 11% in 24 hours. At press time, XLM, which currently ranks as the 12th largest cryptocurrency with a market capitalization of $14.21 billion, was trading at a weekly high of $0.467. XLM may be poised for further gains due to the bullish outlook on the lower period chart. This is a sign that we could hit a multi-week…
XRP (XRP) has surged 31.5% in price since the beginning of the year, with its market capitalization surpassing that of asset manager BlackRock and reclaiming its position as the third-largest cryptocurrency. XRP is back in the top three after upsetting Tether.XRP continued its surge through January, reaching $2.89 for the first time since December 3, 2024, while Tether USD (USDt) became the third-largest cryptocurrency by market capitalization.XRP market capitalization. source: CoinMarketCapWith a market cap exceeding $159 billion, XRP now lags behind Bitcoin (BTC) and Ethereum (ETH). It is now more valuable than Tether USDt, a dollar-pegged stablecoin that has fallen…
This article is also available in Spanish. Following Monday’s decline, Ethereum (ETH) fell below a key support level and hit its lowest price since November. Nonetheless, several market observers remain optimistic and are predicting a massive rebound for cryptocurrencies this quarter. Related Reading Ethereum falls to 2-month low Ethereum started the week with a significant correction, falling from its weekend range to its lowest price in two months. Over the weekend, Ethereum hovered between $3,200 and $3,340 after recovering from last week’s lows. Amid this performance, cryptocurrency analyst Ali Martinez pointed out that ETH’s most important resistance is between $3,360…