A cryptocurrency whale holding a memecoin based on Solana (SOL) has become the largest holder of the dog-themed altcoin. First discovered by blockchain tracking firm Lookonchain, the company has amassed $4.29 million worth of PUPS, a cartoonish animal-themed meme token. PUPS was originally created for Bitcoin (BTC) Ordinal, but also exists on the Solana blockchain. Lookonchain said the whale’s recent purchases amounted to more than $500,000, making the company the largest holder of Solana’s PUPS. “This whale bought 8,862 PUPS ($512,000) at $58 again before the Bitcoin halving. He purchased a total of 63,024 PUPS (worth $4.29 million) at an…
Author: Crypto Flexs
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I loved Sabrina the Teenage Witch when I was a kid. It was a really strange show. It was the best television of the 90s. I’ve been tracking the last few episodes out of nostalgia, and man, I wish I had left them as good memories in the past. Melissa Joan Hart is still incredibly likable, but the rest of the show is difficult to watch. It completely stopped me from rewatching Charmed, another witch-themed TV show I was obsessed with growing up. Still, Supernatural is still relevant. during Mysterious Amulet Slot from True Lab While they certainly lack the…
The so-called ‘Bitcoin halving’ was completed overnight from Friday to Saturday. This halving occurs once every four years and aims to counter Bitcoin inflation by making the currency scarcer. During the halving, the reward for creating new Bitcoins (also known as mining) is reduced. This has the effect of slowing down the rate at which new Bitcoins enter the market. This makes cryptocurrencies scarce, driving up their prices. Miners play an important role in the Bitcoin network. They use powerful computers to solve complex mathematical problems and add new transactions to blockchains, such as Bitcoin’s global ledger. Miners are rewarded…
One of the Internet’s major security challenges over the past 20 years has been the rather simple problem of user account security. Today, users have accounts with hundreds of websites and dozens of passwords, which can lead to large in size number ~ Of hacking Individual websites run by people who are not particularly skilled in the finer points of encryption and Internet security are increasingly being exploited by clever hackers, and users are often making it simple or make them all the same – often very unfortunate result. Over time, a patchwork of temporary solutions has certainly developed, including…
Financial freedom lies in navigating and understanding the complexities of the market through interaction with the best cryptocurrencies to buy. The OCTO Platform initiative gives you unlimited access to the products and insights you need to explore and interact with a diverse investment landscape. Octoblock offers a suite of investor-focused package bundles that make DeFi more accessible and inclusive. Octoblock’s Secret to Financial Freedom Octoblock brings DeFi to the forefront by: Innovative Monetization OpportunitiesWe help individuals take control of their financial destiny and begin their journey to true financial freedom. Octoblock demystifies the complexities of the financial sector by unlocking…
Bitcoin mining operations reached unprecedented daily profit levels shortly after the halving, dispelling concerns about their viability. According to available data, miners earned a total of $107 million in block rewards and transaction fees. This figure significantly exceeds the previous record of $77 million set in April 2021. Why Bitcoin Miners’ Profits Soar The largest portion of this revenue, approximately 75%, or $80 million, came from trading fees. The remaining $27 million came from block grants. Specifically, Bitcoin miners are rewarded for validating transactions and resolving blocks. Noticeable trends emerge when: test Bitcoin’s top 10 most valuable blocks in terms…
Exchange outflows hit a yearly high, signaling optimistic confidence. The price of ETH may struggle to break above $3,255 in the near term. Unknown to many, Ethereum (ETH) recorded its highest exchange outflow of 2024 on April 18th. On this day, market participants withdrew 143,000 ETH from the platform, per CryptoQuant. Exchange outflows signal a lack of selling appetite, suggesting that the altcoin may not experience a significant capitulation. The last time ETH saw this happen was on February 7th and March 26th. When the accumulation occurred last February, the price of ETH was $2,372, and the value of the…
join us telegram A channel to stay up to date on breaking news coverage The recent Bitcoin halving created optimism and excitement about a meme coin recovery, providing an opportunity to invest in promising meme coins before the end of April. This particular meme coin catches the eye with promising gems worth considering: Pepe (PEPE), dogwifhat (WIF), and Dogeverse (DOGEVERSE). Let’s take a look at why these coins are gaining attention and why you might want to include them in your portfolio soon. Pepper (PEPPER) Pepe, affectionately known as PEPE, has been on a roller coaster ride lately. Despite suffering…
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 ReportBitcoin’s latest bisector An event has occurred. Are you ready for what’s next? The much talked about quadrennial event included in the Bitcoin code occurs approximately every four years. The first happened in November 2012, the second in July 2016, the third in May 2020, and the most recent was Friday, April 19, 2024.With the fourth block down, the next block is already 210,000 blocks away from being mined. This…
A Nigerian court has rescheduled the hearing of a tax evasion lawsuit against Binance and some of its executives to May 17. The delay represents the latest development in the ongoing regulatory saga between various agencies of the Nigerian government and the Malta-based cryptocurrency exchange. Related Read: Is India Imminent? Nigerian Authorities Track Fugitive Binance Executive to Kenya – Report Tax case postponed due to legal stay On March 22, Nigeria’s Federal Inland Revenue Service (FIRS) arrested Binance and two of its executives, Nadeen Ahjarwalla, Head of Financial Crimes Compliance, and Tigran Gambaryan, Regional Manager for Africa. He was indicted…