Former US President Donald Trump appears to have shown interest in cryptocurrencies and Bitcoin after the billionaire businessman launched his first digital trading card NFT in late 2022, but interest in the original collection has clearly cooled. Trading volume for an initial collection of 45,000 NFTs featuring glorified, cartoonish images of the 45th president has plummeted 99% in the past 30 days, according to OpenSea data, which also shows there wasn’t a single transaction in the past week.The collection has recorded more than $50 million in total transaction volume since its launch in December 2022, according to OpenSea data.Meanwhile, overall…
Author: Crypto Flexs
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Amid the cryptocurrency bull market, trading volume exceeded $1.6 trillion.Cryptocurrency exchange Bitget reported impressive growth in the first quarter of 2024, with futures and spot trading volumes exceeding $1.4 trillion and $160 billion, respectively. This is a significant increase compared to the first quarter of 2023, when futures trading volume was $658 billion and spot trading volume was $59 billion.Expand your user base and product offeringsCurrently, the exchange boasts over 25 million users across its trading platform and Web3 wallet. The first quarter saw several major developments in the cryptocurrency market, including a strong recovery in February that saw Bitcoin…
The widely respected cryptocurrency strategist remains bullish on one gaming altcoin this market cycle. Pseudonymous analyst Altcoin Sherpa says Beam (BEAM) With 214,300 followers on social media platform “Beam: It’s one of my bags. It’s been really cold the past few weeks. Still very bullish on this coin and an index bet for the cryptocurrency game during this cycle. “We will continue to hold it, not trade it.” Source: Altcoin Sherpa/X Looking at the trader’s chart, he suggests that Beam could rise to key upside levels of $0.036 and $0.040. Beam is trading at $0.031 at the time of writing…
The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador’s Bitcoin-friendly laws, hindering the country’s attempts to secure a $1.4 billion credit line, Infobae reports. NEW: 🇸🇻 IMF reportedly calls for change in El Salvador. #Bitcoin $1.4 billion support bill.I’m scared 🙌 pic.twitter.com/vmqhts5dCY— Bitcoin Magazine (@BitcoinMagazine) April 12, 2024 El Salvador made history in 2021 by adopting Bitcoin as a legal tender under President Nayib Bukele. Since then, the country has invested heavily in Bitcoin, increased its Bitcoin reserves, mined BTC, and launched education initiatives.However, the IMF opposed the Bitcoin law during loan negotiations with El Salvador, which…
Launched in June 2023, Worldcoin’s World app has reached over 10 million users, promoting universal basic income and sparking interest in alternative wallets within the Worldcoin ecosystem. World Coin’s World app has achieved a significant milestone of surpassing 10 million users since its launch in June 2023. The app, which aims to create a universal basic income, has gained significant attention and popularity among users around the world. World App: Gateway to Universal Basic Income The World App, developed by Worldcoin, gives users the ability to register their identity through eye scanning technology known as “Orbs”. This innovative approach to…
What is CryptoSlate Alpha?A web3 membership designed to provide you with cutting-edge insight and knowledge through the Access Protocol. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.IMPORTANT: You must lock at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more >disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree that you will be bound by Access Foundation’s applicable terms…
The Bitcoin halving event scheduled for April 20th is just a few days away. Speculation is sparking as to whether the biggest cryptocurrency will perform similarly to the previous halving. During previous halving events, miners’ hash rates decreased, limiting new market supply of overall BTC. Accordingly, speculation is growing that a similar decline will occur this year as well. Some experts prefer this speculation, while other cryptocurrency experts believe that although the exchange rate has fallen, it could bounce back after the halving. In this uncertainty, Bifecoina relatively new meme coin, is starting to shine brightly in the market, gaining…
Ark Invest sold 77,561 shares of Coinbase stock worth $20.4 million across two exchange-traded funds on Thursday.The Cathie Wood-led investment firm sold 63,627 shares, or $16.7 million, in the Innovation ETF (ARKK) and 13,934 shares, or $3.7 million, in the Next Generation Internet ETF (ARKW), according to the company’s latest transaction filing.Ark’s investment strategy aims to ensure that individual holdings do not account for more than 10% of the ETF’s portfolio in order to maintain diversification within the fund. That means if Coinbase’s stock price continues to rise relative to the fund’s other holdings, it will likely continue to rebalance…
Cardano (ADA) price has been on a downward trend in recent weeks. Since peaking at a 23-month high of $0.808 on March 11, the price of ADA has fallen more than 28% and currently sits just below $0.60. In particular, Cardano performed poorly compared to its competitors, falling to 10th place among the largest cryptocurrencies by market capitalization. However, a cryptocurrency analyst known as X’s Trend Rider (@TrendRidersTR) said: declare ADA is showing clear signs of strength based on technical analysis of the relative strength index (RSI) and simple moving average (SMA) crossover.advertising How this affects Cardano price According to…
VC Tim Draper predicts $250,000 per BTC by the end of 2024. Draper cites the changing political situation and the halving event, but Arthur Hayes disagrees. American venture capitalist (VC) investor Tim Draper expects it to rise 3.5 times. Bitcoin (BTC) Until the end of this year. In recent years interviewThe VC predicted that Bitcoin could reach $250,000 by the end of 2024. “Probably, if we had to estimate it by the end of the year, it would be $250,000 by the end of the year. “It looks pretty good.” This forecast implies a significant increase of 3.5x from the…