April 26, 2024, Venice, USA, Chainwire MeWe, a social network with over 780,000 active users on the Polkadot blockchain, is launching a community investment round that will allow users to own a financial stake in the company. By migrating over 20 million registered users to the ‘social web’ (aka Web3), MeWe is increasing user control and privacy like never before. MeWe, one of the world’s largest decentralized social networks built on Polkadot, has opened its Regulation CF (Reg-CF) community investment round on Wefunder, targeting a community of over 20 million users. Wefunder, the leading platform in Reg-CF, allows individual investors…
Author: Crypto Flexs
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Software development company Consensys filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five affiliated commissioners. This is a big event in the cryptocurrency industry. Consensys believes that if the Securities and Exchange Commission (SEC) were to regulate Ethereum (ETH) as a security, it would have a significant impact on the Ethereum network and the cryptocurrency ecosystem as a whole. The complaint states that the SEC seeks to regulate Ethereum as a security. All charges and lawsuitsConsensys claims that the campaign was coordinated by the Securities and Exchange Commission (SEC) with…
The Arbitrum indicator shows positive signs as activity increases. Despite these factors, the price of ARB continued to decline significantly. Arbitrum (ARB) has seen very positive execution, with the protocol outperforming its competitors in most areas. One of the key areas where Arbitrum excelled was its networking activities. Over the past few weeks, there has been a significant increase in activity and transactions taking place on the network. There are some problems ahead. However, amidst the flurry of activity, Arbitrum’s Total Value Locked (TVL) and Decentralized Exchange (DEX) trading volumes declined. This signaled potential challenges within the decentralized finance (DeFi)…
On-chain analytics firm Santiment says more than 85% of all altcoins in the sector are currently in a historic “zone of opportunity.” MVRV suggests that most altcoins are poised for a rebound. new post In X, Santiment discussed what the altcoin market looks like based on the MVRV ratio model. “Market to Realized Value (MVRV) Ratio” is a popular on-chain metric that compares Bitcoin’s market capitalization to its realized value. Here, market capitalization is the general total value of the circulating supply of an asset based on its current spot price. At the same time, the latter is an on-chain…
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is this really a “generational buying opportunity”?
Chief Prosecutor Adrian said: “It is important that investigators and prosecutors have the ability and agility to keep pace with the changing nature of crime, and these new measures will greatly aid our ability to deter, freeze or remove cryptocurrency assets from illicit enterprises. “It will be this,” he said. Place your poster in your press release.
Bitcoin price failed to recover above the $65,500 resistance level. BTC is trending lower again and is at risk of falling further below $63,000. Bitcoin began another downtrend after failing to break above the $65,500 resistance zone. The price is trading below $64,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bearish trend line attached, forming at resistance $64,500. A daily close below the $63,000 support could lead the pair to move lower. Bitcoin Price Faces Hurdles Bitcoin price began its recovery at the $62,750 support zone. BTC was…
Franklin OnChain FOBXX investors can now transfer the fund’s BENJI tokens directly to each other without the need for an intermediary. Franklin Templeton is competing with BlackRock’s Ethereum-based BUIDL fund in the tokenized asset niche. Franklin Templeton maintains a 32% market share. In a move that represents a significant advancement in the realm of digital asset management, Franklin Templeton announced the tokenization of US government funds on the Polygon and Stellar blockchains. By embracing blockchain technology, Franklin Templeton aims to enable peer-to-peer transfers for shares of the Franklin OnChain US Government Fund (FOBXX) using the BENJI token. One BENJI security…
Funding • April 25, 2024 11:59 PM EDT Posted 1 minute ago In ~ Fidelity’s physical Bitcoin exchange-traded fund saw daily net outflows of $22.61 million on Thursday, according to SoSoValue data, making it the first day the ETF has seen more money flow out since its listing in January. Several other US Bitcoin funds reported daily outflows totaling $217.58 million. Grayscale’s convertible ETF lost $139.37 million, while funds from Ark Invest and 21Shares lost $31.34 million. SoSoValue data showed it Valkyrie’s fund suffered a loss of $20.16 million, while Bitwise recorded an outflow of $6 million.Franklin Templeton’s EZBC was…
While the top memecoins are a far cry from their previous highs, retail investors may see them as a fairer opportunity than fully diluted highly valued VC-backed coins.