Ethereum (ETH) price is full of volatility. In this regard, the eyes of investors and supporters are turning to Raffle Coin (RAFF) to capture high-yield opportunities. In the same vein, BNB supporters are also looking at the benefits offered by Raffle Coin and its lottery platform. But what could make them so eager to turn their heads towards this new investment prospect over the already established one? Let’s take a look at why Ethereum and BNB are so dynamic now and see what good prospects there are. Lottery Coin (RAFF) You can roll up your sleeves and get the whole…
Author: Crypto Flexs
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Bitcoin was trading below $70,000 on Monday as the world’s largest cryptocurrency continued to fluctuate around this level over the past few days.Bitcoin prices have fallen about 0.7% over the past 24 hours, trading at $69,700 around 3:15 a.m. ET, according to The Block’s price page. Ethereum was trading down 1.8% at $3,550.“Prices are currently moving sideways with no clear catalyst that could push prices up or down,” Justin d’Anethan, head of APAC business development at cryptocurrency marketplace maker Keyrock, told The Block. “Having a range between $69,000 and $71,000 over the past four days, it seems investors are reluctant…
Telegram recently attracted attention by unveiling a new payment function using Toncoin (TON). Community members. The move includes a rewards system for channel owners to improve monetization of the platform. With the ability to purchase ads using Toncoin, Telegram is launching a new integration of digital currency and advertising. How Telegram Drives Monetization with Toncoin Telegram channel owners can now earn 50% of their revenue from ads that appear on their channels. This initiative leverages Telegram’s extensive user engagement with the channel receiving more than 1 trillion views each month. Public channels with over 1,000 subscribers will benefit from this…
SOL has moved slightly over the past 24 hours. The exponential rise in BOME could also help the price of SOL. The popularity of meme coins has skyrocketed over the past few months. One such token was Book of Meme (BOME). Solana (SUN) It gets a lot of traction. However, as the market turned bearish, both these cryptocurrencies came under bearish control. How Solana and BOME Helped Each Other Over the past 30 days, BOME has shown some impressive performance that has contributed somewhat to Solana’s bull market. According to CoinMarketCap, BOME has taken the market by storm with its…
XRP holders face mixed signals. The digital asset has far outperformed traditional savings accounts, boasting returns of around 20% over the past year, but its recent performance pales in comparison to other cryptocurrencies. After a significant decline, the price of the altcoin has now entered a sideways consolidation phase, leaving market participants unsure of its future path. Either way, it seems likely that the cryptocurrency will remain in a narrow range until a breakthrough occurs. XRP: Beating Savings Accounts Despite the seemingly negative sentiment, recent reports have highlighted the coin’s resilience. In particular, its advantages over stagnant savings accounts were…
According to a recent report from Bitget Research, Western Europe is witnessing a significant increase in daily active cryptocurrency traders, with Germany and France leading the way. The study also highlights the region’s strong participation in decentralized finance (DeFi) and its preference for centralized exchanges. Bitget Research, a prominent cryptocurrency exchange and research arm of Web3 company, has published a comprehensive report examining the structure and current environment of the Western European cryptocurrency market. The report highlights the growing adoption of cryptocurrency in the region, with a significant number of daily active traders estimated at between 1.2 and 1.5 million.…
The Go Ethereum team is very proud to finally release Geth 1.5, which can almost be called a complete internal rewrite of the Go Ethereum (go-ethereum) codebase. We’ve packed a huge number of changes into this release, and simply listing them wouldn’t do them justice. Instead, we’ve decided to write them up in a more informal way, explaining not only what’s new, but also why it’s needed, and why it’s awesome! Go Ethereum website The go-ethereum project never really had a website. There was something auto-generated a long time ago by GitHub, but it couldn’t really be called a decent website as it…
Litecoin price is up more than 10% and is trading above $105 against the US dollar. LTC may continue to rise towards the $120 resistance zone in the near term. Litecoin is showing positive signs at the $95 support zone against the US dollar. The price is currently trading above $105 and the 100 simple moving average (4-hours). On the 4-hours chart of the LTC/USD pair (data feed from Kraken), there is a major bullish trendline forming around support at $101.50. Unless it breaks the $100 support, the price may continue to rise towards the $120 level. Litecoin Price Rising…
The total value locked in liquid re-staking tokens reached nearly $8 billion.Protocols such as Etherfi, Renzo, Kelp, Puffer, etc. have seen a rapid increase in deposits over the past few months. This increase occurs because users can leverage EigenLayer through these platforms to maintain access to their funds.Etherfi has the highest TVL among these light rails, exceeding $3.2 billion, followed by Renzo with $2 billion and Puffer with $1.3 billion. Kelp has over $740 million in user deposits, EigenPie has $328 million in TVL, and Swell has $265 million.Other smaller LRT protocols include Bedrock with a TVL of $145 million,…
Consensys has submitted a memorandum to the U.S. Securities and Exchange Commission (SEC) advocating for approval of an Ethereum-based exchange-traded fund (ETF). me In a recent request for public comment on Nasdaq’s application for a rule change to allow trading in the iShares Ethereum Trust, the SEC specifically inquired about Ether’s proof-of-stake consensus mechanism and unique concerns related to concentration of control or influence. Consensys responded to these concerns by explaining that Ethereum’s PoS model incorporates robust anti-fraud and anti-tampering mechanisms. One of the key advantages that Consensys highlights is faster block finality. As Ethereum transitions to PoS, transaction finality…