Market • April 14, 2024, 12:16 PM EDT Posted 1 minute ago In ~ Updated: April 14, 2024, 12:40 PM EDT Bitcoin BTC -4.59% The cryptocurrency’s dominance over all other cryptocurrencies hit a three-year high after the cryptocurrency recovered slightly from yesterday’s sharp sell-off triggered by news of an imminent Iranian attack on Israel. The Block’s GMCI 30 GM30 -5.27% The index recovered about 6% from yesterday’s low and saw a rapid sell-off following news of the Israeli attack. He said he interfered. Following the recovery, Bitcoin now accounts for about 53% of the cryptocurrency market, the highest since early…
Author: Crypto Flexs
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Bitcoin is at a very interesting intersection in its humble journey. Bitcoin Layer 2 solutions are surging as we approach one of the Bitcoin halving milestones. Although Bitcoin Layer 2 solutions operate very differently than what we have seen from Ethereum Layer 2 solutions, the potential for these Layer 2 solutions is enormous and could unlock utility in Bitcoin that has always been considered missing. Stacks (STX) is one of the Bitcoin Layer 2 solutions that appears to be leading the category, with a lot of development happening around it. I often talk about them on my Twitter account. If…
According to cryptocurrency data collection company CoinGecko, more than 500,000 altcoins have already been created between January and early April this year. CoinGecko examined the number of cryptocurrencies from December 31, 2021 to April 11, 2024, using data from decentralized exchange (DEX) tracker GeckoTerminal. result show 2.52 million cryptocurrencies have been released to date, including ephemeral memecoins and dead projects. The current number of cryptocurrency assets is more than 5.7 times greater than the 440,000 that existed at the end of 2021. In the period from January 1 to April 11 this year, 540,000 new tokens were launched, which equates…
Ethena’s USDE, the cryptocurrency economy’s fifth-largest stablecoin by market capitalization, temporarily decoupled from its peg on Saturday amid falling markets. The tokens, designed to reflect the value of the U.S. dollar, fell to $0.965 each, according to the data. Likewise, the market saw the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. (…)
The evolution of airdrops has reached the next level.Initially, cryptocurrency airdrops were a surprise gift of tokens to early adopters, who each received tens of thousands of dollars. However, over time, the perception that projects can release tokens via airdrops has led to an ongoing battle between projects trying to distribute tokens to real users and those trying to earn airdrops.The latest twist in this story is that the project is distributing some of its airdrops to popular communities, particularly those built around NFT projects. But why? Well, there could be a few reasons.The biggest thing is participation. NFT projects…
Consensys and Microsoft are partnering on Microsoft’s Ethereum contract programming language, Solidity. visual studio Integrated development environment. ConsenSys and Microsoft have collaborated on this integration to enable developers to quickly build smart contract-based applications for the public Ethereum blockchain, as well as for private and consortium blockchain deployments on Ethereum. This integration is released at: //build, Microsoft’s annual developer conference in San Francisco on March 30; Vitalik Buterin, Consensys CEO Joseph Lubin, and Consensys Enterprise Director Andrew Keys will attend. //Vitalik, Andrew and Microsoft CEO Satya Nadella at the Build pre-conference reception. Integration takes the form of: Visual Studio Extensions…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. Over the past decade, video has emerged as the Internet’s dominant medium as social networks and publishers prioritize mass reach and viewership. Today, 93% of marketers include video in their content strategy. Peak Video has transformed advertising. It has also reoriented our web experiences toward passive consumption, a world we only watch. Video is a profound and powerful medium for storytelling. It is undeniable that movies and visual content will continue to play a critical role…
$351 million worth of APT tokens were in circulation. Bitcoin’s plunge triggered a double-digit decline in the token. Layer 1 blockchain Aptos (APT) unlocked 6.24% of its total supply on April 12. However, optimism about this event was put on hold due to the Bitcoin (BTC)-led market crash. Unlocking tokens and putting them into circulation affects the price. In some cases, such events result in high volatility and an increase in supply, causing the value of the token in question to fall. At launch, the APT token was valued at over $351 million. Before the unlock, the Aptos community was…
April 1st Bitfinex Alpha | Bitcoin Trades in a Range, but Volatility Continues Post time: 13:02h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe After the significant price rally in March, when Bitcoin broke its all-time high (ATH), we believe we are in a range trading period, although we have seen more volatility at similar points in the cycle. On-chain data shows that long-term holders (LTH) are selling after ATH. Although this is occurring on a smaller scale than was seen at previous bull market peaks, it is resulting in increased…
According to Politico, many cryptocurrency supporters are donating money to boost attorney John Deaton’s chances of unseating Massachusetts Senator Elizabeth Warren on Election Day. Deaton, a political newcomer, made a name for himself last year with his support for Ripple (XRP) and his involvement in several landmark cryptocurrency events. The lawyer who founded CryptoLaw has been vocal about his differences with Warren and Securities and Exchange Commission (SEC) Chairman Gary Gensler, particularly over their approach to cryptocurrency regulation. In 2021, he attempted to intervene in the SEC’s lawsuit against Ripple on behalf of XRP holders, claiming that their interests were…