The price of Ripple (XRP) has been generally on a downward trend since reaching its highest point of the year last month. However, as investors have pointed out, this downward trend appears likely to continue. Ripple loses institutional interest. Over the past year, the price of XRP has been greatly influenced by the inflow and outflow of institutional investments. But this year things are very different. According to a CoinShares report, Ripple appears to be losing interest from these institutions, who appear to have moved on to other altcoins. Companies like Polkadot (DOT) and Solana (SOL) have seen significantly higher…
Author: Crypto Flexs
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Binance, a leading global cryptocurrency exchange, has launched support for new layer 1 cryptocurrency projects through its Launchpool platform. Binance Launchpool, which allows users to stake their coins to earn new assets, announced that its 51st project will be SAGA, a web3 platform designed for developers. Saga aims to enable developers to launch interoperable application-specific chains called “Chainlets”. Describe the project’s website, “We are building this by reimagining the interaction between developers and end users on blockchain. “Using shared security, innovations in validator orchestration, and automated deployment pipelines, Saga makes launching a dedicated blockchain or Chainlet as easy as deploying…
I tried to get an application to earn bitcoins but I couldn’t find any application that generates bitcoins.
The Consumer Financial Protection Bureau is taking note of cryptocurrency-centric gaming with reports warning of scams and reduced consumer protections in video games and virtual worlds. Cryptocurrencies may be a smaller part of the virtual gaming world realm, but there is growing interest among game creators in bringing virtual items into the real world, the CFPB said. report It was released on Thursday and is titled “Banking in Video Games and Virtual Worlds.” The report primarily focused on virtual gaming in general. “These crypto-asset virtual worlds are much less popular than virtual gaming worlds like Roblox, Second Life, or Fortnite,…
Analysts see MicroStrategy Inc.’s stock price likely to grow further following its Bitcoin acquisition throughout the bull market. According to Bloomberg, analyst Andrew Harte recently raised his price estimate for the company’s stock to $1,800, suggesting at least a 10% upside from its current trading price. The new target is a significant jump from the previous estimate of $780. MicroStrategy’s sharp rise in stock price has surpassed many Wall Street forecasts over the past month. The company, which held more than 214,000 bitcoins as of March 18, has reflected and even exceeded the cryptocurrency’s price appreciation. Despite reaching an intraday…
The Foundation has committed to supporting community consensus on difficult hard fork decisions. Looking at the results of various indicators, including carbon voting, dapp and ecosystem infrastructure adoption, this means that resources and attention will be focused on the chain currently called ETH (i.e. fork chain). That said, we recognize that Ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortia and private chains, clones and spinoffs. I have never opposed it To such instantiation. All users who held ETH before block 1920000 now hold both ETH (the fork chain) and ETC (the…
Over the past few days, cryptocurrency influencers, traders, and investors have been fascinated by the pre-sale of Raffle Coin. Considering how projects like Raffle Coin have failed to really disrupt the mainstream cryptocurrency space, coupled with how the overall market is likely to rise, these are all huge indicators of success for traders, especially within the Litecoin and Polkadot communities. I have considered it. lottery coin It’s an opportunity that won’t last forever, and these communities are taking advantage of it while they can. Predicting Polkadot Market Behavior – Why Is the Community Divided? Polkadot has fallen noticeably by about…
PENDLE holders benefited from the exponential surge. The price rise can be linked to a surge in deposits on parent platform Pendle Finance. PENDLE, the native token of decentralized finance (DeFi) protocol Pendle Finance, has emerged as a hot commodity due to its astronomical rise in value over the past few weeks. Why is PENDLE in the news? The altcoin is up nearly 50% in a week and a whopping 108% in a month, according to CoinMarketCap. Since the beginning of the year, PENDLE’s value has increased more than five-fold, boasting a market capitalization of more than $1 billion at…
There were five Purge movies. I can’t tell you exactly why. But the thing is, I think there’s room for at least one more person now. Hear me out here. There is a solution to my madness. The focus is generally on the murders and the systems that created and maintained The Purge. But all crimes are legal. What if we made a fuzzy heist movie? It’s like Ocean’s Eleven, but rated R. If you think Purge: The Heist is a good idea, there might be a spot for you at Hacksaw. I’m not sure if this is the theme…
BlackRock revealed the names of four more Wall Street firms participating in buying Bitcoin for iShares. Bitcoin BTC -0.79% Trust ETFs. According to an amendment to ETF Form S-1 filed with the U.S. Securities and Exchange Commission (SEC) last Friday, Citi, Goldman Sachs, UBS, and Citadel are the world’s largest asset managers to support physical bitcoin. It joins JP Morgan and JP Morgan as official participants in the ETF. It is still unclear exactly when the company will be recognized as an approved participant. BlackRock could not immediately respond to The Block’s request for comment. Is the institution ‘ashamed’?According to…