Author: Crypto Flexs

Blur Crypto, a digital marketplace providing advanced analytics and non-fungible token market aggregator, has successfully launched on Blast, the Ethereum layer scaling network. Cryptocurrency traders and collectors can now trade Blast NFTs by switching chains on the Blur NFT Marketplace. In an April 30 blog post, Blur Crypto, Blur’s NFT marketplace platform team, confirmed the introduction of an NFT marketplace to the Blast Layer Two network. The integration now allows traders to trade a collection of Blast-based non-fungible tokens and earn Blast points and gold. 1/ Introducing Blur on Blast! Trade explosive NFTs. Earn blast points and gold. pic.twitter.com/lYDw9cNIcM —…

Solana-Bitcoin Cross-Chain Bridge Zeus Network plans to launch the Zeus Program Library (ZPL) connecting the two ecosystems by the third quarter of 2024. “These ZPL assets open up a world of opportunity on Solana, facilitating activities like DeFi, GameFi, SocialFi, DePIN, etc. that were previously difficult on the Bitcoin blockchain,” Zues Network wrote on May 1. .ZPL is a set of Solana Virtual Machine (SVM) programs that allow developers to integrate native Solana support into decentralized applications and conduct power transactions across multiple blockchains. “ZPL assets can be fungible (cryptocurrency) or non-fungible (NFT) and represent a wide range of digital…

Altcoins have suffered more in the cryptocurrency market since the Bitcoin price crash, causing many investors to suffer losses. This is not unusual, as these altcoins are known to be more volatile than Bitcoin, so their price movements may be more pronounced. Given the recent decline, a recovery in altcoins is expected. However, one analyst disagrees with this assessment. Altcoin Headed For 40% Collapse In an analysis published on X (formerly Twitter), veteran cryptocurrency analyst Benjamin Cowen shocked the cryptocurrency community with his expectations for altcoins. According to our analysis, the worst for the altcoin market is not over yet.…

Ankr, a decentralized blockchain infrastructure provider, will introduce Bitcoin (BTC) liquid staking tokens to its AI-centric blockchain Talus starting May 1. “Bitcoin is not only the oldest blockchain, but it continues to have the highest liquidity,” Ankr wrote. “Unfortunately, this liquidity has traditionally been trapped within Bitcoin L1. Ankr’s liquid staking service allows you to stake Bitcoin through various Bitcoin re-staking protocols. This allows users of the Bitcoin network to earn additional staking rewards while providing access to Bitcoin liquidity to other ecosystems.”To participate in Bitcoin decentralized finance (DeFi), users first delegate their BTC to the operators of the restaking…

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 ReportWill the SEC approve it? Ethereum What is this year’s ETF?Market participants’ optimism is fading, and now the SEC’s position is: Ethereum Those hopes may have been dashed entirely when the securities went public.“If this SEC approves a spot Ethereum ETF before the election, I’m going to eat my HODL hat,” said Matthew Sigel, head of digital asset research at Ethereum ETF applicant Van Eck. decryption. The reason is that…

Bitcoin (BTC) price fell 5.42% in the last 24 hours to $57,151 on May 1, hitting a multi-week low. On-chain data suggests that a slowdown in Bitcoin demand growth and an increase in open sell positions may be the reasons for the recent decline. There is a possibility that BTC may hit a new low.BTC/USD daily chart. source: TradingViewAs CryptoQuant reports, BTC’s recent decline is due to a slowdown in demand, characterized by a decline in the growth of Bitcoin balances among perpetual holders, slowing demand for spot Bitcoin ETFs, and increasing short positions in the futures market.Demand from perpetual…

Stablecoin issuer Tether, a prominent player in the widely used cryptocurrency market. USDT stablecoinWe announced the audit report for the first quarter of 2024 along with a report conducted by BDO, an independent accounting firm. that much reportprovides additional financial information beyond the reserves backing Tether’s fiat-denominated stablecoin, showing the company’s earnings in the first quarter of this year amid increased capital inflows into the market. Tether Financials Rise in Q1 2024 Looking at the numbers, the first quarter of 2024 shows that Tether is very profitable, with a net profit of $4.52 billion. The main contributor, the entity responsible…

Polygon (MATIC) fell to a near yearly low. MATIC’s price action follows a broader market decline led by Bitcoin. The release of important US macroeconomic data expected today could be vital to MATIC’s near-term fate. Polygons (MATIC) are colored red.After a parabolic run in the first quarter of 2024, crypto assets, including Polygon’s native token MATIC, are now experiencing a rout. The recent Bitcoin-led market crash pushed MATIC to near yearly lows amid this decline. Learn more Polygon (MATIC) Dive Under $0.65In the last 24 hours, MATIC has fallen about 7% from around $0.6759 to a low of around $0.6322,…

Company’s name: demandFounder: Alejandro de la Torre and Filippo MerliEstablishment date: 2023Headquarters location: Lisbon, Portugal and Florence, ItalyAmount of Bitcoin in Treasury: “Currently bootstrapped”Number of Employees: 2Website: https://www.dmnd.work/Public or private? privateAlejandro De La Torre is deeply concerned that Bitcoin mining is too centralized, and he is on a mission to change that. That’s why he launched DEMAND, a Bitcoin mining pool that puts power back in the hands of independent Bitcoin miners.But before we get into how DEMAND works, it’s important to understand what De La Torre learned from the Bitcoin mining industry to better understand what motivated him to…

U.S. Senator Cynthia Lummis argued that the Justice Department’s stance on cryptocurrency self-management conflicts with existing Treasury guidance and violates the rule of law. Lummis (R-WY) said he opposes the Biden administration’s criminalization efforts related to the Bitcoin (BTC) network and decentralized finance (defi). I am deeply concerned by the Biden administration’s move to criminalize the Bitcoin network and a core tenant of decentralized finance.My full statement. ⬇️ pic.twitter.com/M3CHcNTi3x— Senator Cynthia Lummis (@SenLummis) May 1, 2024 The Justice Department’s stance has prompted legal action against cryptocurrency companies, including charging Bitcoin mixer Samourai Wallet and Tornado Cash developer Roman Storm with…