A closely followed cryptocurrency strategist believes that if Dogecoin (DOGE) succeeds, another memecoin will benefit from the hype. Pseudonym analyst Inmortal says With his 212,500 followers on social media platform “Should we pump DOGE on April 20th? Then FLOKI will follow. Confirmed to be greater than 0.00016.” Source: Immortal/X Looking at the analyst’s chart, he suggests that turning the $0.00016 level into support would confirm a FLOKI breakout. FLOKI is trading at $0.0001385 at the time of writing, up almost 2% in the last 24 hours. Next is the analyst Called Bitcoin (BTC) appears to have reached a market bottom.…
Author: Crypto Flexs
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A wind of change is blowing around Ethereum (ETH), the world’s second largest cryptocurrency. The Ethereum network itself is active, but the price of ETH has plummeted in recent days, leaving investors scratching their heads. Tether (USDT)’s recent moves offer a glimmer of hope. Tether, the world’s most popular stablecoin issuer pegged to the U.S. dollar, transferred a whopping $318 million worth of USDT directly from its Treasury wallet to an exchange on the Ethereum network. Source: X These outflows point to potential expectations of increased demand for USDT, which in turn could be a sign of growing investor interest…
Vancouver, Canada, April 18, 2024, Chainwire CEτAI AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce the acquisition of Big Energy Investments Inc., a Canadian company specializing in strategic investments in high-performance computing infrastructure. This acquisition is an important first step in ceτi AI’s strategy to improve the development and accessibility of AI technologies. Strategic Acquisitions and Enhanced Capabilities Following the acquisition, Big Energy Investments, Ltd. agreed in principle to acquire advanced high-performance computing (HPC) infrastructure, including five HPC servers each equipped with eight NVIDIA H100 Tensor Core GPUs and two NVIDIA Quantum-2 InfiniBand switches. I did.…
Nonetheless, I was humbled as I went on a business trip to address the inherent limitations of Bitcoin. After years of experimenting with Bitcoin and attempting to cross-compile with the entire Bitcoin C++ project, the massive technical debt required us to rewrite the core software, and after years of booms and busts, we finally got to release it. And I’m going to ship in Litecoin first. Because Litecoiners are good people. They, like me, were humbled by their suffering.
Polkadex has developed a simpler way to order new order books by adding PolkaPool and Auto Attendant functionality. This is a huge step forward for the trading platform as it creates a more seamless process for new traders interested in trading on decentralized exchanges. They now face the common obstacles that beginners face in this type of trading. The Polkadex trading platform has gained recognition because it successfully combines the advantages of centralized exchanges and decentralized networks, including efficiency and security. Until recently, users had to acquire small amounts of PDEX, the exchange’s cryptocurrency, to trade on the platform. This…
The price of Solana has undergone a significant correction in recent weeks, from around $210 to around $116. But now there is upside potential. After proactively alerting Solana to a significant correction when the price was around $190, the price actually fell by about 39%. As a result, Solana reached its correction target of around $130. Solana Rough Patch: 43.3% price reduction The correction in SOL prices has been relatively modest so far, with prices down more than 43% this month. As a result, the histogram of the moving average convergence/divergence (MACD) has also started to trend lower in a…
People • April 19, 2024, 11:19 AM EDT Posted 1 minute ago In ~ Michael Saylor, co-founder of MicroStrategy Inc., a heavy Bitcoin buyer, pocketed about $370 million selling shares of the company, according to CNBC.According to the report, the Bitcoin bull and MicroStrategy executive “entered into a stock sale plan with his company last summer that would allow him to offload up to 400,000 shares in the first four months of 2024.”Seiler said in November that he planned to sell the stock. Saylor explained in detail in the call, “In 2014, I was granted stock options for 400,000 shares…
Solana’s Devnet is down Sentiment around the network fell and prices bounced back on the charts. Solana (SOL) has had one of the most positive gains in the cryptocurrency sector over the past few months. However, despite this growth, some people remain skeptical about Solana due to multiple mainnet outages in the past. Devnet is down The recent outage of the Solana devnet could worsen the sentiment surrounding Solana even further. The same thing was confirmed on Solana Devnet’s X account. According to this, the engineering team is currently working to resolve issues encountered on devnet. It’s worth mentioning here…
This article was published in Bitcoin Magazine. “The half-life problem”. click here To get an annual Bitcoin Magazine subscription.Setting aside certain days for celebration, commemoration or remembrance is an almost universal practice among humans. Although different cultures and religions have their own customs and traditions, humanity as a whole seems to share a fundamental tendency to recognize certain events as distinct from ordinary days. Finally, something we can all agree on! The word “holiday” or holy day literally means a set day, but there are also examples of special events that extend beyond 24 hours, such as Hanukkah, Ramadan, or…
Compared to previous quarters, total value locked (TVL) in decentralized finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has achieved tremendous growth compared to previous quarters. This surge can be attributed, at least in part, to Ethereum’s liquidity re-staking activity, which was the driving force behind the DeFi TVL price expansion. Protocols like Lido and EigenLayer have been essential to this growth as they have contributed to the widespread adoption of liquid staking and re-staking. According to a recent study, DeFi TVL increased significantly from a low of $36 billion…