The Fantom (FTM) price rose 25% over 7 days, reaching $0.51 on September 16. This is part of a rally that began on August 6, and has seen the price rise by over 40% over the past 30 days.According to data from Cointelegraph Markets Pro and TradingView, FTM rose from a low of $0.26 on August 5 to a maximum gain of 103% on September 16, hitting an intraday high of $0.53.FTM/USD daily chart. Source: TradingViewBy comparison, Bitcoin (BTC) is down 4% over the past 30 days, while Ether (ETH) is down 12.6% over the same period. The total cryptocurrency…
Author: Crypto Flexs
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The CEO of analytics firm CryptoQuant has expressed concerns about the direction of the digital asset industry. In a post on social media platform X, Kiyoung Joo said that the builders who used to make the things that merchants loved have disappeared, mainly because of excessive regulation, incarceration, or because they made too much money and were out of the field. Ju says that without these builders, cryptocurrencies essentially become “gambling dens.” “The rest of the builders are now creating gambling products like meme coins or boring, time-consuming products that can be found in traditional financial institutions. Their work no…
Multicoin Capital led a $10 million Series A round in Permissionless Labs. He is a key contributor to Pipe Network, Solana’s permissionless content delivery network (CDN).Robot Ventures, Co-founder of Solana Ventures and Solana Anatoly Yakovenko also took part in this round.”The new funds will be used to recruit marketing and engineering roles, expand the network’s points of presence (POPs), and launch a private beta and testnet at Solana’s annual developer conference, Breakpoint,” the statement said. The project is currently on private devnet, the statement said. Permissionless Labs Building Solutions streaming media applications, It aims to create a decentralized digital content…
Montevideo, Uruguay, September 16, 2024, Chainwire The Rootstock community will conclude one of its largest ecosystem campaigns, the “Rootstock World Tour”, on September 30, 2024. Hosted on the Galxe platform, the campaign will bring together partners from across the Rootstock ecosystem, giving users the opportunity to interact with 12 different decentralized applications (dApps) on the Rootstock blockchain. Throughout the tour, participants will gain hands-on experience, enhance their knowledge of decentralized finance (DeFi) and blockchain technology, and be rewarded for their participation. This campaign provides a unique opportunity to explore and interact with various Rootstock integrations. Users can check out the…
Jessie A Ellis 16 Sep 2024 16:58 LangChain announces the release of version 0.3, which introduces significant changes and improvements to both the Python and JavaScript ecosystems. According to the LangChain blog, LangChain has announced the release of version 0.3, which brings significant upgrades and improvements to both the Python and JavaScript ecosystems.What has changed?PythonAll packages are internally upgraded from Pydantic 1 to Pydantic 2, providing full support for using Pydantic 2 in user code without the need for a bridge. langchain_core.pydantic_v1 or pydantic.v1. Pydantic 1, which reached end-of-life in June 2024, is no…
reporter Posted: September 16, 2024 The new week saw more long-term liquidations. The total market capitalization remained at around $2 trillion. The cryptocurrency market experienced significant liquidations last week as prices fluctuated. Short traders in particular were hit hard by these liquidations as Bitcoin (BTC) showed positive moves. Meanwhile, Mimecoin showed a cautious mood about the future of the cryptocurrency market as its market capitalization continued to decline. Cryptocurrency Weekly Liquidation in the Future According to data from Coinglass, over $690 million in liquidations occurred last week due to market volatility, highlighting the heightened risk and uncertainty in the cryptocurrency…
12 September 2024 Ethereum Open Community Projects L2 Standards Working Group Vitalik Buterin identified three crucial transitions for Ethereum: scaling through L2 rollups to reduce costs, enhancing wallet security via smart contract wallets for better security and user experience, and advancing privacy through privacy-preserving mechanisms. This article explores how integrating W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) can address some of these challenges by improving the management of identities, keys, and addresses, leveraging existing decentralized identity solutions to aid Ethereum’s transitions efficiently to move to a more L2-based world. As Vitalik Buterin pointed out in a series of 2023…
According to a recent report from CoinShares, inflows into cryptocurrency investment products rebounded last week, with Bitcoin leading the way with net inflows reaching $436 million.Cryptocurrency funds from asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares saw positive inflows in the week ending September 13, after two consecutive weeks of outflows. CoinShares believes this phenomenon can be explained by market expectations of a rate cut by the U.S. Federal Reserve. In the latest “Digital Asset Fund Flows Weekly Report,” CoinShares Research Director James Butterfill writes:”We believe the surge in inflows over the weekend was due to a…
Former Celsius CEO Alex Mashinsky faces a possible prison sentence of more than 100 years, so he has called on six witnesses who worked at the cryptocurrency company to testify.Mashinsky was arrested last year. The prosecution said he get scammed defrauded customers and misled Celsius about its profitability. In a memorandum filed by his attorneys on Friday, he asked the New York District Court to allow witnesses from the cryptocurrency lender’s chief financial officer to its chief revenue officer to testify in his criminal trial. Many of the proposed witnesses live outside the United States, they said.Mashinsky’s attorney argued in…
Tether’s US dollar stablecoin has seen significant adoption over the past two years and now controls two-thirds of the overall stablecoin market.According to Token Terminal, Tether USDT (USDT) has grown its market share by more than 20% over the past two years, capturing more than 75% of the overall stablecoin market.The on-chain data platform said in a September 16 post:“Tether has grown its market share from 55% to 75% over the past two years. Tether’s USDT supply is $118 billion. Tether’s market share is 75%.”Tether Market Share. Source: Token TerminalStablecoins are a major entry point from fiat currencies to the…