With the popularity of spot Bitcoin ETFs surging, cryptocurrency investors are now moving to the ongoing ETFSwap (ETFS) presale. Cryptocurrency investors are currently examining ETFSwap (ETFS) amid surging interest in the spot Bitcoin ETF. ETFSwap (ETFS) allows users to access both decentralized finance (DeFi) and traditional exchange traded fund (ETF) markets without purchasing the assets directly. Investors can benefit from tight integration between the two markets by trading and using specific platform features with different tokenized ETFs. These tokenized exchange-traded funds (ETFs) replicate the performance of significant institutional cryptocurrency ETFs such as Blackrock’s IBIT, which oversees $17.6 billion in assets.…
Author: Crypto Flexs
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After a smooth launch, please find some note updates below. This will probably only be of interest to the advanced users among you. If you are not a miner, you do not need to take any action. Epoch conversion in 2 hours Let’s start with a brief description of miners. The network will switch eras in approximately 2 hours. If you use the geth/ethminer combo, you should be all set if you choose to use: — Automatic detection flag geth and –No pre-calculation on ethminer. If not, keep an eye on the miner’s creation process. afternoon. Please report any issues…
Investor sentiment towards the cryptocurrency market is not exactly optimistic. Most of this is due to the Bitcoin halving and the continued decline in BTC and ETH values following the FED interest rate decision. The air before was definitely nice. But the market rejected the bull run. The market capitalization of the global cryptocurrency market decreased 8.3% last week to $2.93 trillion. A downturn has significant implications because investors are left with two options. This means holding the cryptocurrency assuming you bought it at the peak or engaging in a red trade (selling it at a loss). Bitcoin and Ethereum…
DeFi • May 2, 2024, 8:40 PM EDT Posted 1 minute ago In ~ The Eigen Foundation is set to airdrop approximately $1,000 of EIGEN each to over 280,000 wallet holders shortly after the community targeted the controversial airdrop. Applicants for Season 1 will receive at least 110 EIGEN, while Season 2 applicants will receive at least 100 EIGEN. said Developers are distributing more tokens after facing public backlash against the EIGEN airdrop plan, including criticism of rules that prohibit claimants from cashing out their allocations over a period of time.The Eigen Foundation did not immediately respond to The Block’s…
Panama City, Panama, May 2, 2024, Chainwire AppLayer has unveiled the fastest and most powerful infrastructure for scaling applications based on Ethereum, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds, but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. . AppLayer provides an EVM network that is 10x faster than standard Golang-based EVM networks, and delivers an even more impressive 65x execution speedup with C++ stateful pre-compilation. Imagine having both the fastest EVM in the game and the best tools to build on top of it. This is what…
The TVL of the Jito protocol has surged significantly in the past 24 hours. This protocol occupies a key point in the Solana blockchain. It also joins the top five liquid staking protocols across all blockchains. Liquid staking project Jito is now the largest protocol on the Solana blockchain in terms of Total Value Locked (TVL), according to DefiLlama data.Jito’s rise to the top spot comes amid a resurgence in Solana’s ecosystem-wide TVL, which is now up approximately 150% year-on-year. Despite being down 63% from its November 2021 peak of $10 billion, Solana’s TVL is now at $3.7 billion, up…
May 2nd Bitfinex was the first to list Spectral’s native token, SPEC. Posting time: 11:00h From media materials by admin Road Town, British Virgin Islands – May 2, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, announced today that it will be one of the first exchanges to list SPEC, the native token of Spectral, a layer 2 protocol deployed on Arbitrum. A network designed to bring capital efficiency on-chain by integrating artificial intelligence and machine learning with blockchain technology. Spectral is focused on addressing the untapped credit risk and risk infrastructure markets in the Web3 ecosystem. By…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportJito Network topped Solana Network’s list of decentralized finance (DeFi) protocols on Thursday, growing its total locked volume (TVL) to $1.04 billion, according to DappRadar.“Jito was one of the few teams that continued to build on Solana even when the network’s TVL fell to $215 million,” said Jito Network contributor Lucas Bruder. decryption. “Our contributors have been in the trenches with the community and we are proud to be part…
What are inscriptions, ordinal numbers, runes? We recently shared the story of how the Ordinals protocol was added to the Bitcoin network in 2023. Users began using Ordinals to engrave unique data (NFT “inscriptions”) directly onto Bitcoin Satoshis, and soon Ordinals inscriptions allowed them to create fungible BRC-20 tokens on the Bitcoin blockchain. . Inscription-based Bitcoin NFTs and BRC-20 tokens have expanded the Bitcoin landscape to include both fungible and non-fungible tokens. The BRC-20 token has become quite popular and has a market capitalization exceeding $2 billion.Then, in September 2023, when Ordinals was at its peak of popularity, Casey Rodarmor,…
Bitcoin (BTC) tagged $59,000 at the May 2 Wall Street open as swing lows remained the BTC price floor.BTC/USD 1-hour chart. Source: TradingViewBTC Price Heads To $60,000Data from Cointelegraph Markets Pro and TradingView shows BTC/USD moving closer to the key $60,000 area.Bitcoin fell to $56,500 on May 1 before rallying on the back of dovish economic guidance from the U.S. Federal Reserve.With interest rates not changing as expected, Federal Reserve Chairman Jerome Powell has stepped up plans to cut interest rates at some point before the end of the year.“We know that lowering policy curbs too early or too much…