Cryptocurrency markets continue to struggle with volatility, and XRP is no exception. After a promising start to the year, the price of XRP has reflected a broader market downturn triggered by Bitcoin’s correction. But even amid the bearish sentiment, a different story is unfolding underwater. The story involves deep-pocketed investors, or “whales,” accumulating altcoins over a significant period of time. XRP whales accumulate millions despite price decline While the price of XRP has fallen significantly from its March highs, whale addresses have continued to quietly buy. The number of addresses holding between 10 and 100 million XRP has been steadily…
Author: Crypto Flexs
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Dubai, United Arab Emirates, April 24, 2024, Chainwire Powered by Bandit Network and Brave Ads, “Yoki Origins” marks a significant milestone in Web3 adoption by introducing a gamified and rewarding experience for Astar zkEVM users. Bandit Network, a leading provider of white label quest solutions with the Points SDK, is proud to announce its collaboration with Astar Network to support the ongoing “Yoki Origins” journey. Launched on March 8, this innovative user onboarding journey coincides with the mainnet launch of Astar zkEVM, a layer 2 scaling solution for Ethereum. This collaboration represents an important milestone in the evolution of Web3…
According to credit rating agency S&P Global Ratings, passage of the latest stablecoin bill submitted to the Senate could give banks a boost in entering the stablecoin market.that much Lummis-Gillibrand Payment Stablecoin Law, introduction Last week, Sens. Cynthia Lummis, R-Wyo., and Kirsten Gillibrand, R-DY, will seek to clarify regulations that “should encourage banks to enter the stablecoin market,” the rating agency said. memo On Wednesday. However, Tether would not be accepted under the proposed law, which could reduce demand for stablecoins based outside the United States.“Approval of the stablecoin bill will accelerate institutional blockchain innovation, particularly for tokenization or digital…
Analysts cite classic trading patterns and the growth of the altcoin total market capitalization index as evidence of the upcoming altcoin season.
The new Bitcoin computational framework aims to power a variety of applications and functions using native BTC, including token bridges and aggregator oracles.
Since first appearing in 2009, the Lazarus group has primarily targeted cryptocurrency companies, stealing billions of dollars worth of assets.
With the optimism around Ethereum Spot Exchange Traded Fund (ETF) As the decline continues, Grayscale Investments, the world’s leading digital asset manager, has taken a major step forward in its Ether investment services by filing an S-3 registration statement for the Ethereum Trust. Grayscale Ethereum Trust sets the stage for growth Popular Fox Business journalist Eleanor Terrett reported The company has filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), requesting that the Ethereum Trust be converted to a spot ETH ETF. According to Terrett, Grayscale’s Ethereum Trust product is already registered with the SEC, so…
Chainwire, Zug, Switzerland, April 24, 2024 Researchers from the Communication Systems Group at the University of Zurich, in collaboration with the Acurast Association, which powers Polkadot and other ecosystems, have revealed groundbreaking results in their latest study, “Performance Analysis of Distributed Physical Infrastructure Networks and Centralized Clouds.” This work demonstrates the viability of Decentralized Physical Infrastructure Network (DePIN) as a powerful alternative to existing centralized cloud computing platforms. Leveraging blockchain technology and the Internet of Things (IoT), DePIN aims to strengthen data sovereignty, reduce reliance on centralized models, and improve system resilience to potential failures. This study specifically highlights and…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Meme coins continue to be a hot topic on Solana as Slotthana (SLOTH) is set to launch next week. After a pre-sale that raised more than $15 million from retail traders, this irreverent project is hoping to gain huge popularity and follow in the footsteps of previous viral meme coins. SLOTH pre-sale has entered its final days with DEX listing imminent. The stage is set for another meme coin to emerge from Solana. And that coin could be Slotthana,…
Airdrops, presales, and gaming NFTs are among the innovative ways for cryptocurrency projects to raise funds with tokens in the post-ICO era.