join us telegram A channel to stay up to date on breaking news coverage In the Bitcoin world, a select few hold significant influence and accumulate a significant portion of the cryptocurrency within their digital vaults. As institutional interest grows, the once-shrouded identities of these prominent holders are increasingly being revealed. Consider the examples of MicroStrategy and Tesla, which boldly debut billion-dollar Bitcoin investments. Their actions provide a rare glimpse into the traditionally secretive world of blockchain ownership. However, amid this rise in transparency, a mysterious figure named Wallet emerges, who set out to acquire Bitcoin in May 2023. With…
Author: Crypto Flexs
Read More
The BlackRock-managed iShares Bitcoin Trust (IBIT) has achieved a significant milestone, reaching zero inflows for the first time since the launch of the Bitcoin exchange-traded fund (ETF) in the United States. After a 71-day period in which the exchange-traded fund (ETF) regularly received significant investments each day, this marks the end of this trend. Bitcoin exchange-traded fund (ETF) inflows are slowing. Other Bitcoin exchange-traded funds (ETFs) also saw a decline in investor interest at the same time as the halt in inflows associated with IBIT. Both Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares…
Layer 1 blockchains are the underlying networks that support a variety of applications directly from the protocol, while Layer 2 blockchains operate on top of these underlying layers to improve scalability and efficiency. Comparing the usage and efficiency of EVM-compatible L1 and L2 blockchains and sidechains can help us better understand market value and where most DeFi activity is occurring.According to Dune Analytics data analyzed by CryptoSlate, Polygon, a layer 2 sidechain, was the leader in the DeFi ecosystem, followed by BNB Chain, an EVM-compatible layer 1 blockchain.One of the most important metrics when analyzing L1 and L2 is daily…
Solana attempted to recover above the $140 level. SOL price is currently struggling to clear the $160 and $170 resistance levels. SOL price recovered higher and tested $160 resistance against the US dollar. The price is currently trading below $160 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, there is a major bullish trendline forming around support at $146 (data source from Kraken). If it stays below $160-$170 for a long time, the pair could start another decline. Solana Price Faces Resistance Solana price started to decline significantly below the $170 and $160…
The price of SOL fell today due to unresolved network outage issues on the Solana blockchain and a disappointing US economic report.
Limenet leverages KlimaDAO’s innovative governance mechanism to fund and remove carbon dioxide from the atmosphere. Dubai, United Arab Emirates, April 19 – rimenet – An Italy-based carbon dioxide removal (CDR) startup leveraged KlimaDAO’s innovative governance mechanism to fund high-impact sustainability projects to finance a pilot project in Italy.advertising KlimaDAO holds USDC, a blockchain-based stablecoin pegged to the U.S. dollar, and carbon credits. We deploy a community-driven decision-making process to allocate idle USDC to carbon projects, which are then distributed through blockchain-based infrastructure and strategic partners. KlimaDAO’s governance process relies on community members, including a growing consortium of veteran industry players,…
Last month, the price of Bitcoin reached an all-time high of $73,454. With Bitcoin halving this month, the price is likely to hit all-time highs again in the future. Investors holding Bitcoin today may be more confident than ever.Bitcoin investor confidence has actually improved significantly following this price carnival. The author believes that now is still the ideal cycle for Bitcoin investment. For example, several of my friends have had great investment results, including: Earn $1,000 One day by investing in Cloud Mining Contracts from Simpleminers.Simpleminers Cloud Mining is a shared mining business started by some of the world’s best…
Game • April 25, 2024 11:26 AM EDT Posted 1 minute ago In ~ Blockchain gaming platform Immutable has announced the launch of “the largest web3 gaming quest and rewards program ever.”Called “Main Quest,” Immutable said it has already secured $50 million in token rewards for players. The company also said the Immutable ecosystem “boasts more than 270 titles currently in development,” including high-profile gaming projects like “Illuvium” and MetalCore. Both games are among 10 titles included in the first phase of the program, the company said. “Starting today, players can immediately earn rewards by exploring quests, playing games, and…
Expectations and uncertainty are intertwined as U.S. issuers brace for potential disappointment in their bid to launch exchange-traded funds (ETFs) linked to the price of Ethereum. Recent interactions with the U.S. Securities and Exchange Commission (SEC) have led these companies to remain pessimistic, suggesting the road ahead is likely to be bumpy for ether-based financial products, Reuters reported. Interfering with meetings with the SEC The meeting between the issuer and the SEC provided little reassurance, as agency staff refrained from engaging in substantive discussions about the proposed Ethereum ETF. These meetings stand in stark contrast to the detailed conversations that…
Movement Labs aims to improve smart contract security and transaction throughput within the Ethereum ecosystem through Facebook’s Move-powered Ethereum virtual machine.