join us telegram A channel to stay up to date on breaking news coverage The market capitalization of the meme coin sector has plunged more than 4% in the last 24 hours, with leaders Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all posting losses due to the flash cryptocurrency collapse. DOGE, the largest meme coin, is down 2% at $0.1414 as of 2:40 a.m. EST, putting its weekly performance down more than 10%. Top 5 Biggest Meme Coins (Source: CoinMarketCap) PEPE, WIF, FLOKI and SHIB fail to overcome bearish attack The rest of the top five meme coin All…
Author: Crypto Flexs
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Arthur Hayes, co-founder and former CEO of cryptocurrency exchange BitMEX and currently chief investment officer at his family office Maelstrom, has joined. covalent bond CQT +10.89% Appointed blockchain data infrastructure startup as strategic advisor.Hayes is working to help Covalent become a leading data infrastructure startup, particularly within the Ethereum ecosystem and serve the artificial intelligence (AI) industry, Covalent said on Tuesday.“Covalent’s Ethereum Wayback Machine (EWM) ensures continuous, long-term access to historical blockchain data to underpin next-generation use cases, especially AI models,” Hayes told The Block.When asked what motivated him to join Covalent as an advisor, Hayes said Covalent’s CQT token…
Three U.S. senators have urged Federal Reserve Chairman Jerome Powell to cut interest rates, saying high interest rates are suppressing the economy and raising home and auto insurance premiums, a major cause of inflation. They called for an immediate interest rate cut to stabilize the economy, warning that prolonged high interest rates risk a recession and rising unemployment. Senator (…)
According to Chiliz (CHZ), Italy and Argentina, champions of Europe and South America respectively, have announced the launch of a series of exclusive digital collectibles titled ‘The Fabric of Champions’. FAN ENGAGEMENT THROUGH DIGITAL COLLECTIBLES As both teams prepare to defend their titles in Germany and the United States, Socios.com, the Fan Token partner of the Italian and Argentine Football Federations, aims to bring fans closer to the action. The new initiative will allow fans to feel more involved during this historic period by giving them the opportunity to own digital memorabilia rooted in the…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023CoinDesk Acquisition Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority-owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk employees, including journalists, may receive options from the Bullish group as part of their compensation.
BitMEX has officially decommissioned the FETUSD perpetual swap contract as of June 7, 2024. According to the BitMEX blog, this move marks a significant update to the trading options available on the platform. position closure All positions in the FETUSD perpetual swap contract are now closed. This ensures a smooth transition for traders holding positions in these contracts. Detailed settlement details can be found on the BitMEX official website. Delisting Procedure The delisting process follows the guidelines outlined in BitMEX’s Exchange Guide and is explained in more detail on their blog. Traders can refer to…
of Ethereum teaThe aker buy-sell ratio has remained below 1 since June 5. This means that there is more selling than buying in the futures market. Ethereum (ETH)’s Taker Buy Sell Ratio, assessed using the 7-day simple moving average (SMA), has been trending downward since June 5, according to data from CryptoQuant. Since then, the metric has returned values less than 1, according to on-chain data providers. As of this writing, ETH’s Taker Buy Sell Ratio was 0.96. Source: CryptoQuant The taker buy sell ratio of an asset measures the ratio between buy and sell volumes in the futures market.…
ZKsync has announced plans to give generous gifts to its loyal community members. According to presentation As a token of our gratitude, ZKNation will be distributing unlimited airdrops of 17.5% of the total token supply, or 3,675,000,000 tokens, starting June 17th. A significant portion of this will be airdropped at once with no vesting requirements, but the remaining 82.5% of tokens will be distributed gradually through various ecosystem developments. ZKsync is a layer 2 scaling solution built to improve transaction speeds on Ethereum while reducing congestion by leveraging zero-knowledge proof rollups. This is the first zkEVM chain on the Ethereum…
Get ready for a double dose of excitement as Bitcoin Events proudly presents two of the best events in South Africa: Crypto Fest 2024 and Blockchain Africa Conference 2024. Crypto Fest 2024: A thrilling cryptocurrency festival Be prepared to fall into the world of dynamic cryptocurrency at the 6th Crypto Fest.Advertising This year’s event, which is scheduled to be held at the famous DHL Stadium of Cape Town Green Point from October 10 to 12, 2024, promises an unparalleled experience for cryptocurrency lovers around the world. For the first time, Crypto Fest will span three action-packed days, including exciting networking…
DeFi • June 11, 2024, 10:00 AM EDT Liquid Restoration Project Mellow was launched today to restore Symbiotic protocols.Mellow will become part of the Lido Alliance, as previously discussed on Lido’s governance forum. Mellow describes itself as a “modular infrastructure for LRT creation” that provides a variety of permissionless vault smart contracts that give depositors some degree of choice when redepositing. “Mellow allows depositors to benefit from the liquidity of their staked assets while giving them more flexibility in their desired level of risk exposure. This is achieved by dynamically adjusting strategies within each vault based on real-time risk assessment…