Bitcoin (BTC) regained the crucial $60,000 support level in a show of resilience after bears attempted to wipe out $59,000 lows set in March, based on CryptoSlate data.The leading cryptocurrency is trading at $60,800 at press time, after falling more than 5% to around $59,100 on April 30 when New York closed trading.The broader cryptocurrency market also saw significant losses on the day, with most major caps falling between 5% and 10%.At press time, Ethereum (ETH) is trading at $3022 after falling to a low of $2919, while BNB is trading around $580 after recovering from a low of $555.Solana…
Author: Crypto Flexs
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Amid the recent controversy over the ‘Bitcoin halving’ in April 2024, meme coins are showing tremendous potential. MAGA VP has shown promising signs of significant growth since its launch in February 2024. Looking back, the market capitalization was $6.54 million around April 24 and has hovered between $5.14 million and $6.12 million since then. As of last update, MAGA VP is trading daily at $1,461,503. If MAGA VP continues to average the same trading volume, it could potentially emerge as one of the ‘trending tokens’ and cause a wider shift in the overall meme coin market. Trump’s recent comments in…
Ethereum (ETH) price is in a sharp decline at the time of this writing, but is actually validating a bullish pattern. Buoyed by market conditions, the second largest cryptocurrency on the planet reached $4,000. Ethereum Investors Still Optimistic Ethereum price fell as low as $3,000 in the last 24 hours, but this proved a major test of the upper trend line of the descending wedge. The profit potential of altcoins is supported by the fact that optimism among ETH holders remains alive. As the NUPL (Net Unrealized Profit/Loss) indicator shows, ETH holders are still making significant gains. This creates optimism…
DeFi • April 30, 2024, 6:50 PM EDT Posted 1 minute ago In ~ Uniswap users can now use Robinhood Connect to purchase cryptocurrency using their Robinhood funds via debit card or bank transfer.Robinhood Connect became available this week to users of the Uniswap mobile app, a decentralized exchange (DEX). said Monday’s statement. The service enables cryptocurrency purchases on Uniswap according to the protocol and is one of three providers, joining Coinbase Pay and Moonpay.The first Robinhood Connect user to purchase $10 in cryptocurrency on the Uniswap app will receive $10 worth of USDC into their RobinHood account.Robinhood Connect’s integration…
OpenAI, an artificial intelligence (AI) company co-founded and led by Sam Altman, has launched Worldcoin from Tools For Humanity, a cryptocurrency-based universal basic income and identity verification company co-founded by Sam Altman. It is reported that partnership negotiations are underway with . Bloomberg recently reported that the two companies are negotiating a partnership that would see OpenAI provide AI solutions and services to Worldcoin, resulting in additional synergies in the future.The partnership between OpenAI and Worldcoin is almost certain to come under additional regulatory scrutiny given Altman’s position within both companies. Per Tools for Humanity CEO Alex Blania said in…
The Bitcoin decentralized application (DApp) ecosystem has experienced a resurgence with the introduction of native protocols following the creation of Ordinals and Inscriptions.One such project, SolvBTC, an omnichain monetization protocol, has amassed $700 million in total value locked (TVL) in monetized Bitcoin issued on the Arbitrum, Merlin, and BNB chains. In a statement to Cointelegraph, SolvBTC developers claim that the protocol recently surpassed 10,000 BTC staking and attracted “over 92,000 participants” shortly after launching earlier this month. “Bitcoin’s liquidity revolution is a necessary prerequisite for a true explosion of BTCFi,” said SolvBTC founder Ryan Chow. “In the near future, SolvBTC…
Bitcoin (BTC) prices have continued to retrace since the halving, putting the market into a broad net redistribution regime, cooling off its “euphoric phase,” according to a Glassnode report. Sell-side activities. Selling pressure was reactivated as Bitcoin rose to $73,000.Bitcoin price has seen an impressive rise so far in 2024, with the flagship cryptocurrency hitting a new all-time high on March 5. BTC has since corrected, consolidating within the $60,000 and $67,500 price range over the past two weeks.Using cumulative trend scores, the market intelligence company reported that BTC’s rise to all-time highs revealed a regional distribution pattern that reflects…
This warning is related to a consensus issue that occurred in block 116,522 of the Frontier network mined on 2015-08-20 14:59:16+02:00. Problem solved. See “Modification” below. effect: High Problem Description: Possible deletion of accounting data during the SUICIDE command causes a state database consensus issue in geth. Implementations affected: All geth implementations including versions 1.0.1, 1.1.0 and develop (“Unstable 1.1.0”) has been affected. Eth (C++) and pyethereum (Python) are not affected. Impact on expected chain reorganization depth: Increase final block confirmation waiting time to 12 hours. Suggested workaround: Miners will switch to eth or pyethereum as soon as possible. Improvement…
Bitcoin (BTC) prices plummeted on April 30 after a spot BTC exchange-traded fund (ETF) was launched in Hong Kong without much success. Despite expectations of $140 million in demand, total trading volume, including the Ethereum (ETH) ETF, on opening day was only $12.4 million. Accordingly, the Bitcoin futures premium fell to its lowest level in five months, signaling a bearish outlook.Negative pressure comes from weak macro conditions and US spot BTC ETF flows.It is important not to jump to conclusions because other factors also affect the price of Bitcoin. This includes reduced investor confidence in the ability of the US…
April 30, 2024, New York, USA, Chainwire First major contemporary artist to adopt Bitcoin blockchain LiveArt proudly presents Human by Yue Minjun, the contemporary art giant’s first Ordinals collection. This pioneering collection of 1,200 unique digital masterpieces on the Bitcoin blockchain chronicles pivotal moments that defined the digital age. With over $150 million in physical and digital art sales, Yue Minjun’s iconic laugh resonates louder than ever. “The Bitcoin blockchain has unparalleled reliability and permanence in the cryptocurrency world. We brought Yue Minjun to Bitcoin Ordinals because the blue-chip artists of the art world are the blue-chip blockchains of the…