A widely respected cryptocurrency strategist believes that newly launched altcoins could see multiple gains within a matter of weeks. Pseudonymous analyst Altcoin Sherpa says 213,900 followers on social media platform “W: The Long Wormhole to Financial Freedom. Just wait until the airdroppers get angry (very risk-averse investors selling at the slightest sign of a recession). This figure would then be much higher. Do you really think that a project that has worked very closely with Jump (Trading Group) does not have good market maker (MM) connections?” Source: Altcoin Sherpa/X W is trading at $0.98 at the time of this writing,…
Author: Crypto Flexs
In the first quarter of 2024, Solana became the clear leader, driven by significant growth in decentralized exchange (DEX) and decentralized finance (DeFi) volume. In addition to the stellar growth of the DEX and DeFi sectors, Solana’s dominance is further cemented by its scalability, low transaction fees, and robust infrastructure. A significant increase in DEX trading volume means a significant increase in trading activity within the SOL ecosystem. This trend is consistent with the widespread adoption of DeFi, positioning Solana as a major player in this space. This impressive increase is detailed in a new report from on-chain analytics firm…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Milei Moneda (MEDA)’s fixed profits attract INJ and Cardano investors into ongoing pre-sale. Injective continues to battle the bearish trend, with INJ losing money on monthly and weekly returns. Cardano’s RSI and recent performance give investors the benefit of the doubt. Some of the top altcoins in the cryptocurrency market have been underperforming for several weeks, most notably Injective (INJ) and Cardano (ADA). INJ and ADA investors are becoming increasingly frustrated with the downward trend of both coins on…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe U.S. Consumer Financial Protection Bureau (CFPB) is monitoring online gaming, particularly financial transactions that occur on gaming platforms, the government watchdog said in a new report Thursday. The agency said its oversight is part of a broader mission to protect consumers wherever financial markets exist.“In some of today’s most popular video games, players typically earn or purchase in-game currency, essentially converting fiat currency into in-game currency,” the CFPB said.…
Release BlockDAG’s technical white paper has sparked excitement in the cryptocurrency community, offering attractive promises of a 20,000x return on investment. This remarkable advancement puts BlockDAG at the forefront of blockchain innovation and captivates investors with its unprecedented growth potential. At the same time, the cryptocurrency market is seeing notable movement and Arweave’s price is showing significant momentum, indicating growing interest in data storage solutions for blockchain. Moreover, the surge in SOL-based meme coins reflects the diverse investment opportunities within the cryptocurrency landscape, adding vitality and speculation to the market. These concurrent trends highlight a dynamic period in the digital…
Coinbase’s Layer-2 Network Surges Trading ActivityBase, the Ethereum layer-2 network developed by Coinbase, has achieved a new milestone, recording the highest ever trading volume on a decentralized exchange (DEX) in less than 24 hours. Base’s trading volume increased 25% from the previous day, surpassing $1 billion.DEX volume (%) across exchanges. Source: DuneA leading DEX platform based onThe majority of trading activity was focused on UniSwap, which accounted for 64.3% of total trading volume. Other notable platforms contributing to volume include Aerodrome Finance (9.7%) and SharkSwap (7.8%).Increase in daily active usersThe network’s daily active users (DAU) also increased by 12.4%, from…
ADA fell nearly 21% on a month-to-month basis. The population of whales holding more than 1,000 ADA coins has decreased significantly. Cardano (ADA)’s price action has been disappointing in recent weeks, causing serious concern among holders of the coin. In fact, the ninth-largest cryptocurrency is down 11% for the week and nearly 21% for the month, according to CoinMarketCap. This makes ADA one of the worst performers in the market. Typically, these correction periods are utilized by a group of seasoned users to accumulate at a low price. But that wasn’t the case with the ADA. Whales don’t care about…
IntroductionNinety-one years ago today, President Franklin D. Roosevelt pulled off the greatest heist in American history.Unlike most robberies, this one was entirely legal. No safe-cracking was required; no ski masks, guns, or getaway cars. Just a pen and some White House letterhead.On April 5 1933, FDR issued Executive Order 6102, making it illegal for anyone in the United States to own gold. By penalty of up to a $10,000 fine or 10 years in prison, everyone in the country was ordered to turn in their gold to the government, by the end of the month.1EO 6102 is one of the…
DeFi • April 6, 2024, 5:53 PM EDT Posted 1 minute ago In ~ Decentralized lending platform ghost ghost +3.79% According to a post by Aave Chan Initiative founder Marc Zeller on “This is a temporary overhaul to enable ‘fee conversion’ next week,” Zeller said, after noting that Aave DAO’s current net income is approximately $60 million per year, reflecting five years of operating expenses. Zeller previously teased the idea of enabling fees for Aave stakers in another post on X. “The new version of the safety module will propose to the governance to distribute fees to stakers,” he wrote…
QuantAMM secures $1.85M in pre-seed funding round for on-chain asset management solution – Chainwire housenewsroomQuantAMM secures $1.85 million in pre-seed funding round for on-chain asset management solution We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…