Solana’s native token, SOL (SOL), has been unable to break above the $150 resistance level since August 12. However, some network metrics have shown strength, including the total deposits of decentralized applications, which surged to their highest level since October 2022. Now, traders are questioning whether these improvements in network fundamentals will be enough to push SOL back to $190 and what could be holding it back.Solana Spot ETF Outlook Weakens in the USOne reason for the lack of enthusiasm among investors stems from Cboe Global Markets’ recent decision on August 16 to remove the Form 19b-4 for the Solana…
Author: Crypto Flexs
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Presidential candidate Robert F. Kennedy Jr. is suspending his campaign and throwing his support behind cryptocurrency-friendly politician Donald Trump. “I cannot in good conscience ask my staff and volunteers to work long hours or ask my donors to continue to give when I cannot honestly tell them that I have a real path to the White House,” the independent candidate said. friday. Kennedy has been friendly to the cryptocurrency industry over the past year, most recently I promised Issues several Bitcoin-related executive orders, including one directing the U.S. Department of Justice. And the U.S. Marshals Service has transferred approximately 200,000…
Coinbase announced plans to support the upgrade from MATIC to POL. This process requires a long-term suspension of asset deposits. The POL upgrade is expected to transform MATIC into a “super-productive token.” Polygon Network is undergoing a major overhaul in line with its roadmap for a unified chain architecture that will scale infinitely on Ethereum. One of the changes outlined to realize this vision is upgrading the network’s native token from MATIC to POL. In July 2024, Polygon revealed that the MATIC to POL upgrade would take place on September 4. As the set date approaches, exchanges now appear to…
Jessie A Ellis 23 Aug 2024 14:04 Explore the best free speech-to-text APIs, AI models, and open source engines and compare features, accuracy, and pricing. Choosing the best speech-to-text API, AI model, or open-source engine to build can be difficult. You need to consider factors such as accuracy, model design, features, support options, documentation, and security. According to AssemblyAI, this post looks at the best free speech-to-text APIs and AI models on the market today, including those that offer free tiers. Free speech-to-text API and AI models APIs and AI models are generally more…
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only. In a market full of uncertainty, Rollblock’s presale stands out with its deflationary token and revenue sharing model that promises stability. Few things are certain in life, and in the world of investing, this is doubly so. Ethereum should have been close to $4,000 by now, but is struggling at $2,500. Shiba Inu should have made 10x more, but is stuck at 15% of its ATH. While the Ethereum price prediction looks bullish enough, ETH and Shiba Inu investors…
U.S. cryptocurrency exchange Kraken has failed to win a lawsuit brought by the Securities and Exchange Commission. “(The SEC) argued that at least some of the cryptocurrency transactions Kraken conducted on its network were investment contracts and therefore securities and therefore subject to the securities laws,” U.S. District Judge William H. Orrick wrote in his decision. opinion It was made public Friday in federal court in San Francisco.Judge Orrick noted in his affidavit that Kraken made more than $43 million in profit from its trading desk between 2020 and 2021, in part because it charged trading fees and placed few…
Coinbase has added the yet-to-be-launched native token of Ethereum (ETH) Layer 2 Polygon to its listing roadmap. The largest US cryptocurrency exchange, which made the announcement via social media platform X, said that it has included Polygon’s POL in its listing roadmap created in 2022 to increase transparency and prevent preemptive execution of token listings. According to Polygon Labs, POL is a rebranded version of Polygon’s MATIC, which is scheduled to launch on September 4th. MATIC will ultimately be replaced by POL, Polygon’s native gas and staking token, in the initial phase of the transition. In subsequent phases, the community…
Iris Coleman 23 Aug 2024 14:32 Switzerland, along with Germany and France, has mandated open source for government-developed software, strengthening digital sovereignty and security. European countries such as Switzerland, Germany, and France are increasingly embracing free and open source software (FOSS) to enhance digital sovereignty, security, and innovation. Swiss law mandates that government-developed software be open source, while Germany and France have taken similar steps to reduce their reliance on foreign technology suppliers. The EU is supporting this shift through initiatives such as the Free and Open Source Software Audit (FOSSA) project, according to…
The Blockchain Association and DeFi Education Fund say a new database run by the U.S. Securities and Exchange Commission could pose privacy concerns for millions of people and include digital assets.In 2012, following the financial crisis, the SEC adopted Rule 613, requiring national securities exchanges and financial industry regulators to maintain consolidated audit trails (CATs). target In 2017, former SEC Chairman Jay Clayton said the goal was to allow regulators to oversee securities markets on a “uniform basis.” According to the Securities Industry and Financial Markets Association, the integrated audit trail will be fully operational by the end of May…
According to Galaxy Research, transactions on Ethereum Layer 2 have more than doubled since Denkun, most likely due to bots. The Ethereum mainnet also saw a significant decline in total revenue and ETH was burned. that Ethereum (ETH) The Dencun upgrade began in March of this year. While it had the desired effect of making Layer 2 scalable and cost-effective, it also had some unintended downsides. According to Galaxy’s in-depth analysis, the EIP-4844 upgrade significantly reduced Ethereum rollup fees, driving adoption. It also shifted revenue away from the Ethereum mainnet. Galaxy researcher Christine Kim points out that the Ethereum network’s…