Bybit Named Crypto Exchange of the Year at European Blockchain Festival NBX – Chainwire housenewsroomBybit was named Cryptocurrency Exchange of the Year at the European blockchain festival NBX. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is…
Author: Crypto Flexs
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Bitcoin Could Be Ready Soars to $83,000, according to analysis by 10x Research. A breakout hinges on BTC moving above $72,000, completing an inverted head and shoulders pattern in which the asset experiences three price lows, with the middle being the deepest. This pattern suggests it is “only a matter of time” before BTC price reaches new highs, said 10x founder Markus Thielen. A break above $72,000, up just 1% from the current price of about $71,300, will hinge on U.S. non-farm payrolls data due to be released at 8:30 a.m. ET. Weak data could strengthen the Fed’s case for…
loop ring LRC -3.83% The zkEVM protocol, built on top of Ethereum, suffered a security breach involving its ‘Guardian’ two-factor authentication service, the protocol announced on Sunday, with a website advertising its smart wallet application as “Ethereum’s most secure wallet.” The Guardian service allows users to select the wallet name of a trusted individual or institution to assist with security tasks, such as locking a compromised wallet or restoring seed phrases if they are lost. However, hackers bypassed Loopring’s official Guardian service and began recovering wallets with a single Guardian without the user’s permission, Loopring said in an announcement. According…
Total value locked (TVL) within the decentralized finance (DeFi) sector has soared to its highest level in 15 months, according to new data from market intelligence firm DappRadar. DappRadar said in a new blog post that DeFi’s TVL reached $192 billion, up 17% from the previous month and the highest since February 2022. TVL represents the amount of capital deposited within a protocol’s smart contracts and is often used to measure the health of the cryptocurrency ecosystem. According to the cryptocurrency analytics firm, much of the growth has been driven by rising prices of tokens, particularly smart contract platforms Ethereum…
Singapore, Singapore, June 6, 2024, ChainwireDora Factory, a pioneering infrastructure in decentralized governance technology and public interest financing, announces a gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses can receive $DORA tokens. Through an airdrop campaign inviting the Cosmos community to participate in the governance of ATOM Economic Zone Quadratic Funding, a democratic public goods financing program on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest Minimum Anti Collusion Infrastructure (MACI) voting round ever. 1.04 million ATOM…
Popular Bitcoin advocate Samson Mow has revealed what could be the next trigger for Bitcoin price as the cryptocurrency continues to trade just below all-time highs. Bitcoin Maximalist recently identified a ‘Godzilla candle’ potentially forming on the Bitcoin price chart, which will undoubtedly send the cryptocurrency into a tailspin. soar to new highs. His catalyst Surprisingly against optimistic expectations, GameStop added Bitcoin to its treasury. The Bullish Case for Bitcoin Bitcoin Price surges resulting from institutional adoption by traditional large corporations are not unfamiliar. As Bitcoin adoption increases and mainstream interest in the cryptocurrency grows, several factors could cause the…
According to the Taiko blog, blockchain project TAIKO has officially launched the first phase of its TAIKO (TAI) token airdrop. Eligible users can now claim approximately 5% of the initial TAIKO supply, or approximately 50 million tokens. Airdrop eligibility criteria TAIKO airdrops are designed to reward early contributors and community members. Eligible users include: Tyco Proposer and Proofer Adapted by Bridgeguer Taiko users (including Galxe points holders) Tyco Developer GitHub Contributor Loopring Community Member Eligibility is determined by a scoring system based on the user’s activity and contribution to the Taiko ecosystem. Users who…
While UNI drops on the Ethereum network, exchange supply increases. A decline in sentiment due to lower demand suggests that ETH could fall to $9.20 in the near term. Uniswap (UNI) price and Ethereum (ETH) have not moved in the same direction over the past seven days. At press time, UNI was trading at $9.98, up 2.22% over the past seven days. On the other hand, the price of ETH was $3,687. It decreased by 2.56% during the same period. But that’s not the main problem right now. What AMBCrypto observes, using on-chain data from Glassnode, is that the tide…
As the cryptocurrency market continues to develop, the emergence of meme coins and technologically advanced tokens Option 2 Trade (O2T) Announces a new era. While Cardano (ADA) has fallen out of the top 10, the innovative and powerful nature of Option2Trade (O2T) provides a beacon of hope for those looking to invest in the next big thing. Cardano (ADA)’s Fall: Dropped from Top 10 In an unexpected change, meme coins were robbed. Cardano (ADA) It holds a position among the top 10 cryptocurrencies. The surge in popularity of meme coins like Dogecoin and Shiba Inu has disrupted the traditional altcoin…
Bitcoin (BTC) is down from a mid-week high of around $72,000, but bulls are trying to keep the price above $69,000. Bitcoin is set to end the week with marginal gains of just over 2%. Although Bitcoin failed to overcome overhead resistance, buyers still held on.About $1.7 billion flowed into spot Bitcoin exchanges this week, according to data from Farside Investors. This brings total investments in spot Bitcoin ETFs to $15.5 billion as of June 6. This strong buying suggests that traders expect the uptrend to continue.Daily view of cryptocurrency market data. source: Coin360However, Bitcoin fell on June 7, which…