The cryptocurrency world is abuzz with buzz surrounding Notcoin (NOT), a recently launched altcoin. Market analyst Michael van de Poppe fanned the flames with a bold prediction. This means that the price of NOT against Bitcoin (BTC) is likely to surge 2-5 times in the next four months. Related Reading From underdog to market leader Notcoin exploded in popularity, skyrocketing 600% in just a few weeks. Analysts attribute this initial surge to exchange listings on major platforms such as Binance and OKX, which generated significant liquidity and investor interest. While Bitcoin remains characteristically stable, Notcoin has seen dramatic price fluctuations.…
Author: Crypto Flexs
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Binance Coin (BNB) has hit a new all-time high (ATH) of $708 at the time of writing, after rising 12% in price. BNB is the native cryptocurrency on the Binance platform, one of the largest and most popular cryptocurrency exchanges in the world. Released in July 2017, it is used for various purposes (…)
Solana-powered AI DePIN io.net launches IO Summit keynote – Chainwire housenewsroomAI DePIN io.net, powered by Solana, begins keynote speech at IO Summit We use cookies to make Chainwire’s website a better experience. Cookies help us give you 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 necessary for the legitimate purpose of storing…
Funding • June 5, 2024 12:18 AM EDT Posted 1 minute ago In ~ Updated: June 5, 2024, 1:11 AM EDT The U.S. spot Bitcoin exchange-traded fund attracted $886.75 million worth of funds on June 4, recording the second-highest daily net inflow since listing. The highest daily net inflow to a spot Bitcoin fund was on March 12, when the fund received $1.05 billion.The largest net inflow on Tuesday came from Fidelity’s FBTC, which added $379 million. That followed net inflows of $274 million, according to BlackRock’s IBIT. data From SoSoValue. To date, the cumulative net inflow has reached $14.85…
Our current proof-of-work design, Blockchain-based proof-of-workis the second iteration of an attempt to create a mining algorithm that ensures that it remains CPU-friendly in the long run and is resistant to optimization by specialized hardware (ASICs). Our first attempt, Dagger, is a directed acyclic graph (basically, each node has multiple parents). Our current strategy takes a much more rigorous path. Proof-of-work involves executing random contracts on a blockchain. Because the Ethereum scripting language is Turing-complete, any ASIC that can run Ethereum scripts is by definition an ASIC for general computation. CPU – A much more elegant argument than “this is…
Tezos (XTZ) blockchain We have successfully activated the Paris Protocol upgrade, marking an important milestone in the development of our platform. According to Nomadic Labs, the upgrade applied in block #5,726,209 on June 4, 2024 introduces several important improvements aimed at improving scalability and staking. Introducing a data availability layer One of the key features of the Paris upgrade is the introduction of the Data Availability Layer (DAL). This new layer is designed to significantly improve the throughput of Smart Rollups, including Etherlink. Tezos bakers are encouraged to participate in DALs, which require different hardware…
Polygon has acquired another ZK team. The newly acquired team boasts a wealth of talent and experience. The two teams will already boast a good working relationship. The first signs of Polygon’s interest in zero-knowledge technology came in 2021, when the company shelled out big money to acquire Hermez Network and Mir Protocol in quick succession. Nearly three years later, it’s clear that the company isn’t just interested in the technology, but sees it as the endgame for scaling Ethereum, as it makes this technology central to its new multichain vision.As the project progresses along this expanded and refocused roadmap,…
Ethereum price is struggling to break the $3,840 resistance level. ETH could gain bullish momentum if it breaks the resistance levels of $3,840 and $3,880. Ethereum is maintaining gains above the $3,720 level. The price is trading above $3,750 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a bullish trend line forming with support near $3,760. Unless the pair closes below the $3,720 support, it could start a new increase. Ethereum price maintains support Ethereum price fell back below the $3,760 support zone. ETH retested the $3,720 support and maintained a good…
June 5, 2024, New York, USA, ChainwireTalisman, a highly secure multi-chain cryptocurrency wallet, today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem.Quests, which recently ran in beta, forces cryptocurrency users to create a profile and progress through various levels by accumulating experience points (XP) and unlocking rewards. This progression is gamified with twists, turns, and hidden stories that gradually unfold as users accumulate more XP.“One of the biggest barriers to blockchain adoption is understanding where to start and how to navigate the sometimes messy world of web3,” said…
Bitcoin (BTC) could hit a new all-time high next week following the lowest U.S. job postings in three years, a sign of an economic slowdown, but two other indicators need to be confirmed, according to a cryptocurrency researcher.“Job postings, another important and forward-looking job metric, slowed significantly last night,” 10x Research research director Markus Thielen wrote in a June 4 report.There were 8.1 million job openings in the U.S. in April and about 0.8 unemployed people per job, the most since February 2021, according to the Bureau of Labor Statistics’ June 4 Jobs and Labor Turnover (JOLT) report. That’s a…