not Ethereum Whale It was recently revealed that a single transaction involving the second-largest cryptocurrency token by market capitalization earned $16 million. This whale’s story once again emphasizes how strong our confidence in whales is. invest In the cryptocurrency space, it can be very rewarding. How this Ethereum whale earned $16 million in a single transaction On-chain analysis platform Lookonchain Published on X (formerly Twitter) post A year ago, when the cryptocurrency token was still trading at $1,890, the whale withdrew 12,906 ETH ($24.39 million) from Binance. With Ethereum currently trading at around $3,100, the whale’s ETH investment is now…
Author: Crypto Flexs
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Charles Edwards, cryptocurrency on-chain analyst and co-founder of digital asset hedge fund Capriole Investments, believes now is the perfect time to make “some allocation” to altcoins. But he says you shouldn’t hold on to it for too long. “In a normal four-year cycle, which has been going as textbook as previous cycles so far, we would expect Bitcoin to peak perhaps late this year or next year,” says the Australia-based cryptocurrency analyst. Hall of Flame. “If that happens and Bitcoin enters a bear market like it has in the past, I wouldn’t want to be holding any altcoins from mid-2025…
XRP price is correcting the rise above the $0.570 resistance. The price is stable above the $0.5240 support and may target a fresh rally in the near term. XRP began a significant rally and moved above the $0.550 resistance level. The price is currently trading above $0.5250 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a major bullish trendline forming around support at $0.5320 (data source from Kraken). If the bulls defend the $0.5240 support, the pair could start another increase. XRP price maintains support Recently, the price of XRP started…
around, Solana brush +1.32% Decentralized Physical Infrastructure Network (DePIN), which focuses on environmental data collection, has raised $2 million in a seed funding round. Ambient said Tuesday that Borderless Capital led the round, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, Primal Capital and others.Ambient began raising money for the round in February and closed it in April, co-founder and CEO Luca Franchi told The Block. The round consisted of a Simple Contract for Future Assets (SAFE) along with token warrants, Franchi said, declining to comment on the valuation.Ambient Acquires PlanetWatchAmbient was formed in January of this year.…
A prominent cryptocurrency trader says he is bullish on the long term despite the charts of artificial intelligence (AI)-linked altcoins flashing several potential warning signs. Anonymous cryptocurrency analyst known as Altcoin Sherpa says 215,900 followers on social media platform X that Render (RNDR) is his top AI pick this market cycle. “We will take this as one of our AI bets for this cycle and put it in a cold wallet to keep most of it.” Source: Altcoin Sherpa/X Render aims to provide near real-time rendering by leveraging a distributed network of graphics processing units (GPUs). Describe the project’s website,…
May 7th What is MODE? Post time: 11:11h in education, tokens by admin Mode is a layer 2 decentralized finance (DeFi) solution built within the Optimism ecosystem, designed to foster the growth of blockchain applications through innovative economic systems and direct rewards for developers and users. The mode allows you to quickly deploy applications compatible with the Ethereum Virtual Machine (EVM) chain and provides tools and support to scale your applications efficiently. This includes sequencer fee sharing and developer airdrops, incentivizing developers to build and expand on the mod while also benefiting from transaction fee savings due to Optimism’s Bedrock…
Ethernity transitions to AI-powered Ethereum Layer 2 purpose-built for the entertainment industry – Chainwire housenewsroomEthernity transitions to AI-enhanced Ethereum Layer 2, purpose-built for the entertainment industry. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
Special thanks to Vitalik Buterin, Gavin Wood and Jeffrey Wilcke for countless revisions feedback, picks at their brains, and helping me read their tea leaves. Introduction In the world of cryptography-based computer science, the Ethereum technology vision has captivated the imagination of a large number of software developers and technologists who saw its obvious promise. But those same promises and their business interpretations (and implications) have not widely reached, nor been well understood by non-technical audiences. As Ethereum nears coming out of the “labs” and into the market, it is even more important that its message be widely understood by the…
Milan, Italy, May 7, 2024, Chainwire Cryptocurrency casino platform TG.Casino and iconic Italian soccer team AC Milan announced a new partnership this week. Announcement of TG.Casino In a May 6 tweet, X’s @TGCasino_ account Posted: TG Casino is proud to officially announce our new partnership with AC Milan as our European iGaming Partner. Players at TG Casino will soon be able to win AC Milan experiences and merchandise with money they can’t buy!’ The acmilan.com website posted a press release the same day. ‘AC Milan and TG.Casino are delighted to announce a new partnership that will see the online casino…
index Milan, Italy, May 7, 2024, ChainwireCryptocurrency casino platform TG.Casino and iconic Italian soccer team AC Milan announced a new partnership this week. Announcement of TG.CasinoIn a May 6 tweet, X’s @TGCasino_ account Posted: TG Casino is proud to officially announce our new partnership with AC Milan as our European iGaming Partner. Players at TG Casino will soon be able to win AC Milan experiences and merchandise with money they can’t buy!’The acmilan.com website posted a press release the same day.‘AC Milan and TG.Casino are delighted to announce a new partnership that will see the online casino platform become the…