MetaWin Founder Launches $ROCKY Meme Coin on Native Network – Chainwire housenewsroomMetaWin Founder Launches $ROCKY Meme Coin on Native Network We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that…
Author: Crypto Flexs
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According to a recent analysis by Santiment, a famous cryptocurrency analysis platform, transaction fees for Ethereum, the world’s second largest cryptocurrency by market capitalization, have fallen sharply. According to the report, the average Ethereum transaction fee was just $1.12, the lowest average daily cost since October 18, 2023. Ethereum Transaction Fees: A Window into Market Sentiment This significant reduction in transaction fees has sparked discussion among cryptocurrency enthusiasts and analysts alike. Santiment’s analysis suggests a strong correlation between trading fees and overall sentiment in the cryptocurrency market. The analysis highlights that periods of abundance, often characterized by “to the moon”…
Bitcoin price has had difficulty settling above $65,000. BTC is trending lower again and is at risk of falling further below $62,000. Bitcoin began another downtrend after failing to break above the $64,000 resistance zone. The price is trading below $64,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming at resistance $63,350. A daily close below the $62,400 support area could lead the pair to move lower. Bitcoin price plummets again Bitcoin price attempted a new rise above the $64,000 level. However, BTC failed to…
OpenAI, an artificial intelligence company co-founded by Sam Altman, is reportedly seeking a partnership with World Coin (WLD)., a company that focuses on identity verification and universal basic income through cryptocurrency. Although the potential collaboration is promising, Altman’s relationship with the two companies is expected to bring additional regulatory scrutiny. Partnership Summit and AI Solutions OpenAI and Worldcoin are currently discussing a partnership where OpenAI will provide AI solutions and services to Worldcoin. Although specific details of the partnership have not yet been announced, OpenAI’s artificial intelligence expertise is expected to improve WorldCoin’s identity verification…
Bitcoin (BTC) attempted to begin a relief rally this week, but came under severe selling pressure near $67,000. The largest cryptocurrency by market capitalization is set to end the week with a slight loss of around 2%.Popular trader and analyst Rekt Capital believes Bitcoin has “entered the post-halving ‘danger zone’” which could see further declines in the next two weeks. Another short-term negative is the net outflow of spot Bitcoin exchange traded funds. Farside Investors reported that the ETF saw net outflows of $218 million on April 25, following $120 million outflows the previous day.Daily view of cryptocurrency market data.…
Russia will not impose a blanket ban on cryptocurrency trading within the country, as some reports have claimed. These are the words of Anton Gorelkin, Deputy Chairman of the State Duma Committee on Information Policy, Information Technology and Communications. A lawmaker said reports that Russia is considering a total ban on cryptocurrency trading amid geopolitical tensions are not true. Previous reports mentioned Russia’s new legislation to regulate the cryptocurrency ecosystem while promoting digital financial systems and the ruble. No ban on cryptocurrency turnover On Monday, Anton Gorelkin, deputy chairman of the State Duma Committee on Information Policy, Information Technology and…
In a surprising move, Circle’s USD Coin (USDC) has overtaken Tether’s (USDT) as the world’s largest stablecoin in stablecoin trading.USDC recorded 166.6 million transactions in April 2024, surpassing USDT’s 163.6 million monthly transactions, according to an on-chain analysis by payments giant Visa.Total number of stablecoin transactions per month. source: VisaUSDC has been eating into stablecoin trading market share since late 202. According to Visa, USDC’s 145 million monthly transactions in December 2023 overtook USDT’s 127 million transactions for the first time.Considering that Tether is the world’s largest stablecoin, with a market capitalization of over $110 billion and accounting for over…
As Ethereum’s price volatility continues, technical indicators on the 1-hour, 4-hour and daily charts suggest a bearish outlook with mixed trading signals. Despite some optimistic undercurrents, the prevailing sentiment remains cautious. Ethereum Ethereum (ETH) price action is a series of lower highs and lows on the 1-hour chart.
middleeme Coin and NFTs have been relevant for a long time and now is the time for cryptocurrency investors to focus on DePin and RWA projects like ETFSwap (ETFS). Over the past three years, meme coins and non-fungible tokens (NFTs) have been one of the major stories in the cryptocurrency space. Thanks to the hype around these meme coins and NFTs, cryptocurrency investors have seen huge returns on their investments. However, there is a change in the trend that the time has come to move away from these meme coins and NFT projects and focus on new narratives like RWA…
Tron blockchain founder Justin Sun said the U.S. Securities and Exchange Commission (SEC) will not approve an Ethereum exchange-traded fund (ETF) in May.on April 28th post On“My honest opinion (NFA) is that the Ethereum ETF will not be approved in May. The cryptocurrency industry still needs to work with regulators to prepare for long-term education focused on improving understanding of cryptocurrencies,” Sun said.Sun’s stance echoes the sentiments of numerous market analysts who expect the SEC to reject the pending Ethereum ETF application.For example, Bloomberg ETF analyst Eric Balchunas puts a 25% chance that the SEC will approve a spot Ethereum…