Chainlink (LINK) price rose 7% on May 24 despite the overall slump in the cryptocurrency market. LINK, currently priced at $17.04, has seen an impressive 30% gain so far in May, which has investors wondering if the factors still exist to drive a rally above $20.LINK/USD daily chart. source: TradingViewLet’s take a look at the factors that could push LINK prices higher.On-chain indicators indicate positive sentiment towards LINK price.On-chain indicators are painting a bullish picture for LINK, with the price reaching a six-week high of $17.50 on May 24, significantly outperforming other cryptocurrencies, according to a May 24 post from…
Author: Crypto Flexs
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LINK rises to its highest price in 6 weeks. Most LINK trades continue to return profits. Chainlink (LINK) is leading the altcoin rally after its price rose to a six-week high. st tly showed it According to the on-chain data provider, during the intraday trading session on May 23, the altcoin briefly traded at $17.53 before witnessing a slight pullback. all At the time of this writing, LINK was trading at $17, according to data from CoinMarketCap. LINK holder profits The recent price surge of LINK has made it a quite profitable investment for LINK holders. AMBCrypto evaluated LINK’s daily…
index San Francisco, USA, May 24, 2024, ChainwireRollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that allows network users to verify rollup blocks for rewards.HYCHAIN, the first team to leverage this system with Caldera, generated $8 million in initial node sales.Caldera, a leading Rollup-as-a-Service (RaaS) platform, currently supports over 50 EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain), securing up to $1 billion in aggregate value. there is.Along with the core rollup infrastructure, Caldera offers over 50 integrated catalogs across its modular stack and a suite of other customizable user-facing tools for chains to…
Ethereum ETH -3.075% The price of rose slightly over the past 24 hours after the U.S. Securities and Exchange Commission approved an Ethereum spot exchange-traded fund.Ethereum was trading at $3,740 as of 4:00 PM (20:00 UTC) on Friday, up 1.76% from the previous day. According to the block price, Bitcoin was traded at $69,062, up 3.33% during the same period after falling 2.35% the previous day.This trend suggests that spot Ether ETF optimism continues to support Ether after yesterday’s broader cryptocurrency market downturn.Traders seem to be taking advantage of the ether enthusiasm. Ethereum recorded $80.3 million in liquidated buys after…
I’m trying to create a new prefix to change the prefix of xprv, but it doesn’t work. What do you need to know to do this? You are trying to use the prefix ‘nxprv’. I’m trying to use this code (it works with zprv): function convertXprvToNxprv(pub, prefix) let payload = b58.decode(pub) , key = payload.slice(4) return b58.encode(Buffer.concat((Buffer.from(prefix,’hex’), key)))
Binance adds USDC/TRY trading pairBinance, a leading cryptocurrency exchange, announced the introduction of the new USDC/TRY spot trading pair. This addition is part of Binance’s ongoing efforts to expand the list of trading options and improve user experience on the platform. According to a recent announcement from the cryptocurrency exchange, trading for this new pair is scheduled to begin at 08:00 (UTC) on May 29, 2024.Activate trading bot serviceAlong with the addition of the USDC/TRY trading pair, Binance is also activating its spot algo order trading bot service. This move aims to provide users with…
Explore the portal (PORTAL) According to a blog post by Bitfinex, Portal (PORTAL) is an innovative cross-chain gaming platform that aims to transform the web3 gaming landscape. The platform connects blockchain games through various networks such as Ethereum, polygon, Avalanche and Solana. Portal will leverage LayerZero’s messaging protocol to integrate over 200 games at launch, providing a seamless gaming experience for both developers and players. The native PORTAL token plays an important role in the ecosystem, acting as a universal gaming coin. Tokens support various platform aspects, from in-game transactions to staking and governance, creating…
Data shows that exchanges have seen a lot of long-term liquidations pile up following the approval of the Ethereum ETF, which was a news selling event. Ethereum price falls after spot ETF approval Yesterday, the U.S. Securities and Exchange Commission (SEC) finally gave approval to all eight Ethereum spot exchange-traded funds (ETFs) that were awaiting approval. A spot ETF is essentially an investment vehicle that provides a way to gain indirect exposure to the price fluctuations of ETH without actually owning the tokens. ETFs are available through vehicles that traditional investors will be familiar with, so those who don’t want…
The U.S. Securities and Exchange Commission (SEC) approved several spot Ether exchange-traded funds on May 23, but the decision did not ignite the Ether (ETH) or cryptocurrency markets. Does this mean the ETF decision is already priced in? It is difficult to judge from the initial reaction because the price of Bitcoin (BTC) also fell immediately after the spot Bitcoin ETF was approved. However, prices rebounded within a few days and reached a new all-time high.An approved spot Ether ETF is expected to launch in mid-June, according to Bloomberg ETF analyst Eric Balchunas. He expects Ether ETFs to account for…