join us telegram A channel to stay up to date on breaking news coverage Floki has been around since the last bull market. Analysts believe it has the potential to become one of the biggest meme coins, as its ecosystem expands beyond just memes. Additionally, another project with similar features is expected to be launched soon to replicate Floki’s success and potentially reach a market capitalization in the billions and billions of dollars. FLOKI Price Analysis Floki is continuing its hot streak, rising 33.71% in the past month and 4.70% last week. After a solid day with an 8% gain,…
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Ethereum Foundation researcher Dankrad Feist revealed Monday that he has become an advisor to EigenLayer under the same terms as fellow Ethereum researcher Justin Drake at X. Disclosed his advisory role On sunday.Neither Feist nor Drake specified the exact timeline of their advisory roles at EigenLayer.“I do not represent the Ethereum Foundation, but I take this position personally, with a focus on risk and diversification.” Feist wrote From his X post. “I therefore fully expect to have opposing views on Eigenlayer.”Feist added that he would receive a “significant amount” of Eigen tokens from the position, but that would not influence…
A 23-year-old man has been arrested in New York and charged with owning, operating and profiting from a $100 million dark web drug market after authorities claimed to have tracked cryptocurrency transfers that revealed his real identity.Rui-Siang Lin, known online as “Pharoah,” was arrested at New York’s John F. Kennedy Airport on May 18 and appeared in federal court on Monday, May 20, the U.S. Attorney’s Office in Manhattan said in a statement. It was revealed through .”Lin Louisiang is believed to have operated ‘Secret Market’, one of the largest online drug sales platforms, for nearly four years, conducting illegal…
According to sources, the SEC has asked applicants for a spot Ethereum ETF to update their 19-b4 filings, which has increased optimism about potential approval. Bloomberg ETF analyst Eric Balchunas said May 20 that the SEC could reverse its expected stance and choose not to reject pending applications. He cited ETF Store President Nate Geraci, who argued that the SEC could approve the 19-b4 exchange listing rule while delaying a decision on the S-1 registration statement. James Seyffart added that he and Balchunas have heard from several sources and that some new filings are expected to come out in the…
BitMEX Lists LayerZero’s ZRO Token with 2x LeverageBitMEX, a prominent cryptocurrency exchange, has listed LayerZero’s upcoming token, ZRO, for trading. According to an announcement on the BitMEX blog on May 21, 2024, this new addition to the platform can now be used with up to 2x leverage.Trading of ZRO tokens according to the ZROUSDTZ24 listing officially began on May 21, 2024 at 04:00 UTC. Traders and investors interested in learning more about this new offering can view the full specifications of this futures listing on BitMEX’s official platform.LayerZero’s ZRO tokenLayerZero is a fast-growing name in…
A cryptocurrency strategist says he is bullish on one Ethereum (ETH) rival, which has surged 43% in the past week. Alien trader Altcoin Sherpa told his 216,300 followers on social media platform X that Fantom (FTM) could see more upside in the coming months. “I think FTM will be around $1 before the pullback occurs and will go much higher in the next six months. There’s an interesting upgrade/pivot coming here, and I’m in the bag. “It looks strong in the short term,” he said. Source: Altcoin Sherpa/X As of this writing, FTM is worth $0.856. Looking at the underlying…
As expectations for the ETH ETF rise, the price of Ethereum rises by more than 20%. ETH has overcome many obstacles and even broke the $3,500 resistance zone. Ethereum started a new surge and cleared the $3,500 resistance area. The price is trading above $3,600 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term ascending channel with support at $3,640. Unless the price closes below the $3,400 support, the pair may continue to rise. Ethereum price begins a new uptrend Ethereum price formed a base and rebounded above the $3,200 resistance…
Binance’s new security measures aim to protect users from spoofed addresses.Binance, the world’s largest cryptocurrency exchange, has introduced a groundbreaking solution to combat the growing threat of address poisoning fraud. The scheme follows a major exploit that saw traders lose $68 million to such scams. A new algorithm developed by the Binance security team successfully identified millions of spoofed addresses on the BNB Smart Chain and Ethereum.How the Algorithm WorksSophisticated algorithms work by detecting and flagging potentially tainted addresses before the user initiates a transaction. It specifically looks for suspicious transfers involving minimal value or unrecognized tokens linked to legitimate…
Celebrate this year by ordering pizza with Bitcoin! Learn the story behind the customary Pizza Day and how to buy the perfect pizza pie with Bitcoin.🍕When is Bitcoin Pizza Day?Bitcoin Pizza Day this year falls on Wednesday, May 22, 2024.Who first bought pizza with Bitcoin?Laszlo Hanyecz, a programmer and early Bitcoin miner, bought a pizza for 10,000 BTC.690 million dollars.The value of 10,000 BTC is at an all-time high.What is Bitcoin Pizza Day?Bitcoin Pizza Day commemorates the day on May 22, 2010, when early Bitcoin enthusiasts used Bitcoin to purchase pizza. The person who bought the pizza with Bitcoin was…
Funding • May 21, 2024 12:58 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund (ETF) reported another day of total net inflows on Monday, reaching $241.12 million. This was the sixth straight day of inflows and the longest positive streak the fund has seen since mid-March. Ark Invest and 21Shares’ spot Bitcoin ETFs added $68 million worth of funds, followed by BlackRock’s IBIT, which saw net inflows of $66 million. data From SoSoValue. Fidelity’s FBTC saw net inflows of $64 million, while Bitwise’s spot ETFs saw inflows of $28 million. Grayscale’s GBTC, which had…