Author: Crypto Flexs

Base (a layer 2 Ethereum network incubated at Coinbase) has seen a surge in total value locked (or user deposits) within dapps, entering the top three chains by deposits.The total value locked in the layer 2 network base is $1.7 billion, up 20% from early May, according to DeFiLlama data.The Base mainnet was launched publicly in early August 2023 and has since risen to become the third most valuable layer 2 blockchain in terms of TVL, with Arbitrum valued at $3.81 billion pegged and $2.26 billion, according to data. It is the third most valuable after the Blast in dollars.As…

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Dogecoin (DOGE) rival Floki (FLOKI) is surging as cryptocurrency investment firm DWF Labs pledges to make a large new purchase of the memecoin. DWF Labs informs its 85,800 followers on social media platform “We are excited to announce our continued support for Floki. We’re excited to be able to support the team through some exciting launches this year. The mainnet version of the metaverse game Valhalla and several key utility projects. We congratulate the team on their efforts to drive widespread cryptocurrency adoption and solidify our role as a top player in the cryptocurrency space.” According to a new Floki…

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Bitcoin price began a downward correction at the $71,650 resistance zone. BTC is currently consolidating and may correct towards the $69,500 support. Bitcoin struggled above $71,500 and began a downward correction. The price is trading above $70,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $70,650. A decline below the $70,000 level could lead the pair to fall further. Bitcoin price adjustment begins Bitcoin price continued its upward trend above the $70,000 level. BTC was able to move…

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Bitcoin price began a downward correction at the $71,650 resistance zone. BTC is currently consolidating and may correct towards the $69,500 support. Bitcoin struggled above $71,500 and began a downward correction. The price is trading above $70,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $70,650. A decline below the $70,000 level could lead the pair to fall further. Bitcoin price adjustment begins Bitcoin price continued its upward trend above the $70,000 level. BTC was able to move…

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BRETT and BEERCOIN (BEER) have witnessed triple-digit price surges. The KANG presale is gaining momentum as it approaches its end. The KangaMoon pre-sale surpassed $7.9 million with 86.9% of tokens sold. Recently, meme coins have dominated the cryptocurrency market with huge price fluctuations, often surprising investors. Last month, for example, BRETT and BEERCOIN (BEER) were added to the growing list of flying meme coins, both experiencing triple-digit gains. At the same time, Kangamoon, another meme coin currently in a pre-sale round, is set to spoil the party with expected price fluctuations once the pre-sale ends and the token is listed…

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Popular messaging platform Telegram has announced a significant update that will allow it to sell digital goods and services through bots and mini apps. According to Telegram, the move aims to improve the user experience for the more than 400 million monthly users who use these features to purchase products, access services, and play games. Digital products and services Previously, businesses on Telegram could only sell physical products through bots and mini apps and accept payments from around the world. The latest updates to Bot Platform now include seamless support for digital products. This development…

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join us telegram A channel to stay up to date on breaking news coverage With Bitcoin (BTC) surpassing $70,000, retail investors are flocking to 99Bitcoins’ BRC-20 cryptocurrency presale. Bitcoin’s bullish momentum has significantly increased the pre-sale of 99BTC tokens, bringing it closer to reaching $2 million. 🎉 Major milestone notifications! 🎉We have raised over $1.9 million through our $99BTC presale to date! 🔥Don’t miss this opportunity and participate early. 🚀 Join now! 👉 https://t.co/9aJ5rE5LY3#99Bitcoin #Cryptocurrency #BTC pic.twitter.com/EtSqtEd31J— 99Bitcoins (@99BitcoinsHQ) June 5, 2024 The recent approval of spot Bitcoin ETFs in the US and Hong Kong and the Bitcoin halving…

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Bitcoin maximalist Max Keizer recently repeated His stance on Ethereum predicts a dire future for cryptocurrencies against Bitcoin. Keizer’s latest critique, shared on social media platform According to Keizer, Ethereum is “heading towards zero against BTC,” citing fundamental differences in the underlying technology and legal classification. Product status and decentralization issues Keiser’s argument hinges on the idea that Ethereum is not centralized and lacks the commodity status and decentralized proof-of-work algorithm that “enhances” Bitcoin’s appeal. He points out that in countries like El Salvador, where he advises President Nayib Bukele on the Bitcoin initiative, Ethereum is considered an unregistered security…

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Funding • June 7, 2024 12:43 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund (ETF) recorded its 18th consecutive day of net inflows on Thursday, its longest consecutive positive flow since listing.The 11 funds had a total of $217.78 million in net inflows, with most of the inflows coming from BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets. IBIT said on Thursday it had recorded net inflows worth $350 million. data From SoSoValue. Fidelity and VanEck’s Bitcoin ETFs also saw net inflows, but much less than BlackRock’s.Meanwhile, Ark Invest’s ARKB recorded net…

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