introductionAs the third era nears its conclusion, the countdown to the next Bitcoin halving is firmly underway. Halving (also known as “halving”) is one of the most important and innovative features of Bitcoin. The Bitcoin network mints new Bitcoin every 10 minutes, and the amount issued (the “block subsidy”) is halved approximately every four years (every 210,000 blocks, to be exact). Block subsidies are rewards miners receive for validating and recording new transactions on the blockchain.Halving the block subsidy is a critical factor in Bitcoin’s final supply cap of 21 million Bitcoin. Additionally, miners collect transaction fees that users attach…
Author: Crypto Flexs
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DeFi • April 5, 2024, 10:07 AM EDT Posted 1 minute ago In ~ The world’s most popular decentralized exchange by trading volume announced that its total trading volume has surpassed a whopping $2 trillion.in post social Media Platform Uniswap UNI +3.04% Labs announced that the cumulative volume traded using its protocol has reached a historic record. Uniswap has been one of the most used DeFi applications in the world since its founding in 2018. Ethereum ETH +1.48% It is a blockchain and leading decentralized exchange (DEX) by trading volume.Uniswap Labs also posted a link to the Dune dashboard, which…
Aethir and Meta48 Revolutionize XR Streaming with Latency-Free Solutions – Chainwire housenewsroomAethir and Meta48 revolutionize XR streaming with zero-latency solutions. 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 explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary…
Jurors agreed with the SEC that Kwon and Terraform Labs, under his direction, deceived retail investors about the nature of the algorithm that supposedly pegged UST to the U.S. dollar. Mr. Kwon hinted that “automatic self-healing” was possible in the event of a depeg, but in reality, it relied on continuous trading activities, such as large-scale trading by institutional investors.
George Town, Cayman Islands, April 5, 2024, Chainwire SimpleSwap is a user-friendly exchange platform specifically designed to make cryptocurrency trading seamless and hassle-free. The service has been on the market for over five years now and continues to surprise customers with clear and profitable encryption solutions. One such tool is the new SimpleSwap loyalty program. It offers many benefits to participants and offers clear terms and conditions, giving them the opportunity to receive bonuses for each completed transaction. BTC Cashback SimpleSwap is all about keeping things easy and allowing customers to get the most out of their services. For this…
MATIC recorded weekly and monthly losses of 12% and 23%, respectively. MATIC whales appeared to be buying the dip at press time. According to CoinMarketCap, MATIC has continued its downward trend over the past 24 hours, losing 2.5% in value. In fact, the 17th largest cryptocurrency plunged more than 12% in a week and 23% in a month, making holders anxious about what will happen next. However, amid the uncertainty and weakness, one analyst noticed a bullish signal emerging on the coin’s daily chart. Is recovery on the cards? Ali Martinez, known for his insightful views on the cryptocurrency market,…
Rune Christensen, co-founder of the Makerdao project, warned Defi Fronted of possible disruptions related to EU-wide virtual requirements to receive an operating license. Christensen said this would slow the EU back to the Stone Age and hinder access to European DeFi for less tech-savvy users. Makerdao co-founder details possible EU-based MiCA disruption(…)
Bitcoin BTC +1.86% They rose along with major stock indexes on Friday after the U.S. jobs report suggested the domestic economy was strong. However, the report also raised uncertainty about future interest rate cuts.The world’s largest cryptocurrency by market capitalization rose 1% over the past 24 hours to $68,450 at 10:55 a.m. ET, according to The Block’s pricing page. Stocks rebounded early in U.S. trading hours on Friday as traders assessed the March jobs report. This follows Thursday’s worst session on Wall Street in months. The S&P 500 rose 0.6%, and the Dow Jones Industrial Average rose 107 points, or…
Recently, famous trader Peter Brandt voice Criticism has been aimed squarely at Ethereum (ETH), the second-largest cryptocurrency by market capitalization, in a blunt assessment, calling it a “junk coin.” Ethereum faces criticism Peter Brandt, known for his insight into financial markets, did not spare an attack when he criticized Ethereum, claiming that it lacks the essential characteristics needed for long-term success. His remarks highlighted ETH’s weaknesses as a store of value and its difficulties with Layer 2 solutions and high gas costs, which he believes are factors in its inferiority compared to Bitcoin. To support his claim, Brandt posted an…
The recent cryptocurrency bull market has died down as many investors took profits and waited for the next catalyst. Bitcoin The price retreated from an all-time high of $73,000 to $67,000. Likewise, Ethereum tokens plummeted from over $4,000 to $3,320. As a result, the total market capitalization of all digital coins fell from nearly $3 trillion to $2.6 trillion. Despite these difficulties, bitbot The strong performance continued, with token sales jumping to over $2 million. Why the cryptocurrency bull market disappeared There are two main reasons why the cryptocurrency bull market has died down over the past few weeks. First,…