A widely respected cryptocurrency analyst says the nearly 45% devaluation of Ethereum (ETH) rival Solana (SOL) from its 2024 high could end up being the “opportunity of a lifetime” for long-term bulls. Pseudonym: Cryptocurrency trader Inmortal says According to its 212,400 followers on social media platform “The opportunity of a lifetime.” Source: Immortal/X Based on trader charts, he initially predicted that SOL would fall to $115, as it did on Saturday, before reversing and bouncing back toward his upside target. As of this writing, SOL is trading at $155.18, up nearly 9% in the past day. Looking at Bitcoin (BTC),…
Author: Crypto Flexs
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Have you ever walked into a pet store, set your eyes on a humble goldfish… and walked out with a piranha? Yeah, me too. Grandpa, looking for an adventurous day, mistakes shaving cream for toothpaste and decides to enhance his powers and adopt a baby piranha. It’s like going in for a loaf of bread and coming out with a chainsaw. We’ve all been there, right? Are we misjudging our purchases? This time, they were able to fight back, and in an interesting twist of fate, they paid out up to $250,000. Piranha Pays Slots It’s an adventure. Not all…
. . . These days, everyone knows about cryptocurrency. Once obscure, these digital assets are rapidly integrating into the mainstream, especially in the e-commerce space. The industry is expected to grow to $2.9 billion by 2030 from its previous perception as a niche investment for tech enthusiasts. As various aspects of life become increasingly digital, virtual currencies must be recognized as a true asset and not a passing fad. In this article, we will look at why the e-commerce industry is embracing cryptocurrencies as a viable payment solution and what benefits they offer. Possibility of cryptocurrency payment Market size is…
Share this article South Korean manufacturing giant Samsung has secured $6.4 billion worth of grants from the U.S. government to expand its chip manufacturing facility in Texas. Funding under the Chip and Science Act of 2022 aims to increase chip production for the automotive, aerospace and defense industries and strengthen national security, according to an April 15 report by Reuters.“(The grant) will allow the United States to once again lead the world not only in (semiconductor design) where we currently lead, but also in manufacturing, advanced packaging, and research and development.”In addition to government subsidies, Samsung plans to invest an…
Update: We’ve released it Version 1.3.5 Includes networking hotfixes for Farmhouse 1.3.4. The development of Ethereum began in December 2013 when two developers and a college dropout researcher decided to put their heads together and develop this amazing technology. we will do later joined By many like-minded people. Our first proof of concept (PoC) took place on February 1, 2014. When we launched the crowdsale on July 23rd, we reached PoC 5 with a nearly complete protocol and achieved compatibility across multiple clients. The team was excited when we won our first million, second, third, and so on. It’s so…
Market • April 15, 2024, 10:21 AM EDT Posted 1 minute ago In ~ Updated: April 15, 2024, 10:35 AM EDT Railgun recorded triple-digit digital percentage gains after Vitalik Buterin’s X.com post cited privacy benefits. The token has since risen more than 123%. Ethereum ETH +5.74% Co-founder’s comment. Railgun, which uses the ticker RAIL, now trades at $1.38. 10 a.m. ET, according to CoinGecko data.“Privacy is normal. Railgun uses a privacy-preserving pool protocol. This makes it much more difficult for malicious actors to join the pool without compromising user privacy,” Buterin. Posted At X.com.Buterin and Railgun’s engagement According to Arkham…
The project notes that MainnetBeta’s v1.17.31 update will address congestion issues. The price of SOL has risen, but on-chain activity has slowed. After days of waiting, Solana (SOL) has finally released an update that addresses network congestion. According to an update via Solana Status, validators on MainnetBeta can now use the v1.17.31 upgrade, which includes the boost needed to fix congestion issues. Source: X No more blockages. For a while, users were having trouble completing transactions on Solana. According to research by AMBCrypto, the development is primarily due to the increase in the number of memecoins on the blockchain. While…
join us telegram A channel to stay up to date on breaking news coverage Yesterday, Bitcoin fell 10%, sending a wave of price declines across the cryptocurrency market. The Fear/Greed Index has fallen by more than 14 points, reaching 61 at the time of writing. Although the decline was expected, some traders were unaware of its serious impact. According to market trends, nearly $1 billion was lost due to price reversals on open positions. Nonetheless, what is it about? Next Cryptocurrency to Explode? The quest to identify the next cryptocurrency to explode remains a priority for investors, even as price…
The Internal Revenue Service (IRS) is bracing for an increase in cryptocurrency tax crime cases as taxpayers file their returns on April 15. Guy Ficco, head of IRS Criminal Investigation, expects an increase in Title 26 cryptocurrency cases this year and beyond. While cryptocurrencies have been linked to a variety of financial crimes in the past, Ficco expects a surge in “pure cryptocurrency tax crimes” in the future. As tax season draws to a close, the Internal Revenue Service (IRS) is bracing for a possible increase in cases involving cryptocurrency tax crimes. IRS Criminal Investigation Director Guy Ficco said he…
SEABW Spotlights Southeast Asia’s Thriving Web3 Environment with 40+ Side Events and Comprehensive Agenda – Chainwire housenewsroomSEABW spotlights Southeast Asia’s thriving Web3 landscape with over 40 side events and comprehensive agenda We use cookies to make your experience on Chainwire’s website better. Cookies help us give you 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage…