The bull I was beaten over and over again. In particular, the strength of XRP received attention with the recent liquidation of $1.27 million in long positions. Here’s why buy liquidation surged 6,350%: XRP’s recent price movementsEmphasizes the general sentiment of the ecosystem. $1.27 million long position was liquidated data It shows a buy position of $1.27 million on Coinglass. liquidated In the last 24 hours. This compares to the $19,220 liquidated from short positions during this period. This appears to have occurred because the price of The price decline of XRP during this period is believed to have been…
Author: Crypto Flexs
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Lisbon, Portugal, May 9, 2024, Chainwire Azuro, the leading liquidity layer for on-chain predictions, and Chiliz, the world’s leading sports and entertainment blockchain, are collaborating to accelerate the adoption of the on-chain sports prediction market. This effort will enable millions of fans around the world to further support and root for their favorite teams and players through a fair and transparent prediction app. Chiliz Chain is known for its blockchain solutions that transform fan engagement with sports through features such as fan tokens and interactive engagement platforms. Through its flagship venture, Socios.com, the network has expanded significantly to support over…
Viral Telegram based games Notcoin We paused gameplay in April ahead of the token release, but it didn’t happen as quickly as expected. Several launch expectations have come and gone, but it now appears that the NOT token is actually just a few days away.Notcoin’s NOT token will be issued. open network (TON) is scheduled to be listed on May 16th and the project was announced overnight. At least two cryptocurrency exchanges (OKX and Bybit) have lined up to support this launch.OKX We are carrying out the ‘Jumpstart’ campaign. NOT rewards customers around. Toncoin Staking (TON) and give them a…
Bitcoin (BTC) failed to sustain its bounce in the Wall Street open on May 9, with new macro data reinforcing the strength of the risk asset.BTC/USD 1-hour chart. Source: TradingViewBitcoin ignores missing US unemployment claimsBTC briefly surged to $61,750 but failed to hold, according to data from Cointelegraph Markets Pro and TradingView.This comes on the back of recent U.S. unemployment claims expected to reach a nine-month high, 231,000 to 212,000.The Federal Reserve cited recent signs of labor market tensions as a key reason for considering a rate cut.Nonetheless, at the time of writing, BTC/USD is in no mood to celebrate,…
Cardano (ADA) is attempting a fresh rally above the $0.4500 resistance zone. ADA could gain bullish momentum if it stabilizes above the 100 SMA (H4). ADA price is slowly rising above the $0.450 area. The price is trading below $0.480 and the 100 simple moving average (4-hours). A breakout occurred above the main bearish trend line with resistance at $0.4580 on the 4-hours chart of the ADA/USD pair (data source from Kraken). If there is a clear move above $0.470, the pair could gain bullish momentum. Cardano price attempts a new rise Over the past few days, Cardano has begun…
George Town, Cayman Islands, May 8, 2024, Chainwire AIGOLD is pleased to announce the launch of an innovative cryptocurrency project. This groundbreaking initiative aims to redefine the digital asset landscape by integrating artificial intelligence and the enduring value of gold. AIGOLD’s pre-sale phase is currently underway and early access is available at aigold.io. AIGOLD: Pioneering Gold Integration of Cryptocurrencies with Enhanced Security and Market Stability AIGOLD aims to drive the integration of gold into the cryptocurrency sector, improving security and stability for those engaged in trading. The platform design includes using a portion of the AIG (AIGOLD) token pre-sale proceeds…
On-chain confidential computing project Arcium has completed a $5.5 million strategic funding round led by Greenfield Capital, bringing total capital raised to $9 million.Other participants in this round include Coinbase, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Stake Facility, Smape Capital, and Everstake, as well as high-profile angel investors such as Solana co-founder Anatoly Yakovenko and Monad co-founder Keone Han. With the new funding, Arcium plans to provide developers and blockchain applications with a trust-minimized, composable framework for cryptographic computation.Arcium was founded by Yannik Schrade, Julian Deschler, Nicolas Schapeler, and Lukas Steiner, the team behind Elusiv, a zero-knowledge privacy protocol…
According to Tether executives, tokenizing fiat currencies like the U.S. dollar is the biggest innovation since the invention of fiat currency and will enable new mechanisms in global finance in the coming years.William Quigley, co-founder of stablecoin giant Tether and decentralized exchange WAX, believes the global economy is likely to transition to tokenized currencies within the next decade. He praised tokenization technology during a fireside chat at the FT Crypto and Digital Assets Summit on May 9.“Rarely is there a technological innovation that is so perfect that it has no drawbacks. “You can only strengthen fiat currencies by tokenizing them.”…
The EU’s financial watchdog, the European Securities and Markets Authority (ESMA), is considering whether to allow Bitcoin into the region’s €12 trillion mutual fund market.Just arrived: 🇪🇺 EU securities authorities are exploring additions. #Bitcoin €12T Cryptocurrency exposure to the investment market.The EU is getting ready 🙌 pic.twitter.com/kVYZrrEFCx— Bitcoin Magazine (@BitcoinMagazine) May 9, 2024 ESMA seeks feedback on expanding the eligible assets of collective investment schemes in transferable securities (UCITS). These mainstream retail investment products make up more than 75% of funds held by EU citizens.If Bitcoin is approved for UCITS, it will be the first in Europe to gain mainstream…
Binance, a popular cryptocurrency exchange, recently introduced USDC to its dual investment platform, expanding the range of investment opportunities available to users. With this new addition, users can now select USDC pairs to participate in low-buy and high-sell offerings and earn rewards on a variety of popular cryptocurrencies. Dual investing on Binance allows users to set their desired price and settlement date for future cryptocurrency purchases or sales, commission-free. This feature provides flexibility and potential rewards for users looking to accumulate high returns from their cryptocurrency holdings or purchase cryptocurrencies at low prices compared to…