San Francisco, CA, May 29, 2024, ChainwireGalxe, web3’s largest on-chain deployment platform, today announced the launch of Gravity, a layer 1 omnichain smart contract platform designed to transform the way users and developers interact with web3. Over the past three years, Galxe’s user base and transaction volume have grown exponentially, highlighting the need for a more efficient, scalable, and secure solution for managing complex cross-chain interactions while minimizing friction. Existing solutions were inadequate to support the complexity and scale required, which led Galxe to develop Gravity. Gravity solves these problems, providing a unified, streamlined experience for both developers and users.Introduction…
Author: Crypto Flexs
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The cryptocurrency market has been buzzing with the recent approval of an Ethereum ETF, sparking discussion and speculation among investors and analysts alike. Since the Ethereum ETF was approved last week, Ethereum has soared to $3,959 so far and is currently trading at $3,757. Reaching $3,900 represents a significant increase, but falls short of the dramatic surge many are expecting following the US SEC’s approval of the spot ETF. Is Spot Ethereum ETF Approved Priced? According to recent reports, experts are divided on whether the impact of these approvals has been fully priced out of the market. DeFiance Capital’s Arthur…
Austin, Texas, May 29, 2024, Chainwire Agora brings to Sui an unrivaled blend of technology, financial markets and operational experience combined with blue-chip traditional financial partners and sponsors. Sui, a layer 1 blockchain with industry-leading performance and infinite horizontal scaling, announced the launch of its stablecoin AUSD on its network in July 2024. This strategic deployment, available only on selected chains, makes AUSD the second blockchain to be deployed. The number of native stablecoins within the Sui ecosystem is increasing as the number of native assets on the network grows rapidly. Agora is led by early-stage finance and technology industry…
McHenry, who has been debating cryptocurrency legislation in the House of Representatives, argued last week that the overwhelming bipartisan support for the Financial Innovation and Technology for the 21st Century Act (FIT21), which holds more than a third of House members, ensured the outcome. Despite opposition from the White House, Democratic lawmakers are voting in favor. He said the momentum would carry over into the next congressional session in 2025, if necessary, to lift market structure legislation and long-awaited legislation regulating stablecoin issuers.
Fidelity Investments’ U.S. Spot Ethereum Exchange Traded Fund has been added to the Depository Trust and Clearing Corporation’s list of ETFs. The fund, named Fidelity Ethereum FD Beneficial INT, is listed under the FETH ticker. DTCC has designated the ETF as a domestic fund, and FETH is indicated as ‘N’ in the creation/redemption item, so it appears to have not been activated yet. “This file contains both active ETFs that can be processed by DTCC and ETFs that are not yet active (“pre-launch”) and therefore cannot be processed by DTCC unless those securities have all the necessary regulations and controls…
A cryptocurrency strategist known for going against public sentiment has warned that Dogecoin (DOGE) is likely to fall even if Bitcoin (BTC) hits a new all-time high. Household analyst Credible explains to his 395,500 followers on social media platform X how DOGE could fall regardless of BTC’s next move. “you’re right. The two main ways companies like DOGE reject and bleed are: 1. BTC rejects and bleeds.2. BTC prints an impulse candle so large and strong that over a period of time the collective attention of the space shifts to BTC and liquidity starts flowing from 10,000,000 different Alts (DOGE…
As the cryptocurrency world thrives, Polygon (MATIC) celebrates its milestone of surpassing 4 billion transactions. At the same time, BNB is heading towards new highs, overcoming regulatory hurdles and strengthening predictions of reaching all-time highs. In these developments, BlockDAG It is gaining attention in the cryptocurrency space in 2024 and is reshaping transaction speeds with its pioneering hybrid model. Starting pre-sale at just $0.0095, BlockDAG quickly raised $36 million, targeting an audacious price target of $30 by 2030. This growth not only highlights its potential but also solidifies its credibility among investors. polygonal landmarks Polygon (MATIC) has crossed a pivotal…
Mastercard 암호화 파일럿 프로그램은 별칭을 사용하여 거래를 단순화하고 보호합니다. 이 이니셔티브에는 Bit2Me, Lirium, Mercado 및 FoxBit과 같은 파트너가 참여합니다. 그러나 마스터카드 시스템의 중앙화 및 데이터 보안에 대한 우려는 여전히 남아 있습니다. 글로벌 신용 카드 회사인 마스터카드는 암호화폐 자격 증명 P2P 파일럿 프로그램을 출시하면서 암호화폐 세계로의 획기적인 여정을 시작했습니다. 이 이니셔티브는 특히 블록체인 기술과 디지털 자산에 대한 관심이 높아지고 있는 라틴 아메리카에서 개인이 암호화폐 거래에 참여하는 방식에 혁명을 일으키는 것을 목표로 합니다. Bit2Me, Lirium, Mercado 및 FoxBit과 협력하는 Mastercard 현재 진행 중인 파일럿 프로그램에는 Bit2Me, Lirium, Mercado 및 FoxBit을 포함하여 암호화폐 공간의 여러 주요 파트너와의 협력이 포함됩니다. 이 이니셔티브를 통해 마스터카드는…
Binance P2P has announced an exclusive campaign for P2P sellers that offers significant incentives for USDC trading. According to Binance, the campaign will offer up to a 100% maker fee rebate in token vouchers to eligible merchants who actively post USDC ads during the promotion period. Promotion Details The promotion is set to run from 00:00 UTC on May 21, 2024 until 23:59 UTC on June 4, 2024. During this period, merchants who post USDC ads and participate in successful transactions will enjoy significant maker fee discounts, while the top 100 merchants will receive rewards…
Mt. Gox, the defunct Bitcoin (BTC) exchange that suffered a major collapse in 2014, recently began distributing payments to creditors waiting for it.. The launch of a significant amount of BTC worth $9.4 billion on May 27 raised concerns about potential market liquidity and price stability. In response, CryptoQuant, an on-chain market intelligence platform, provided an analysis of the potential impact of this development. potential market effects According to the company’s analysis, 138,000 Bitcoins were traded at Mt. There were 7 significant moves on Gox, each worth between 4,000 and 32,000 Bitcoin. Initially, the funds were transferred to a single…