Bitcoin price extended its decline below the $65,000 support zone. BTC is currently consolidating losses and may attempt a recovery towards $67,000. Bitcoin price fell further below the $65,500 and $65,000 levels. The price is trading below $67,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $67,200. The pair may recover, but the bears may remain active near $67,000. Bitcoin price falls further Bitcoin price went into the red after breaking the $68,000 support zone. BTC extended its decline below the $65,500…
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ENA tokens distributed to participants through massive airdropEthena Labs made headlines with a significant airdrop, distributing $450 million worth of Ethena (ENA) tokens to participants. The largest recipient of this airdrop received 3.3 million ENA tokens, worth approximately $2 million. according to On-chain data analyzed by Arkham Intelligence.The Ethena Labs airdrop began two hours ago and distributed $450 million of ENA.biggest $ this So far, the recipient is 0xb56, and has received 3.3 million ENA worth $196M.Track ENA in Arkham: https://t.co/coFsTcBUCa https://t.co/RSZwXLhCB6 pic.twitter.com/l6c7bqKghG— Arkham (@ArkhamIntel) April 2, 2024 Airdrop details and token listingThe airdrop began on April 2 and the…
The increase in staked supply represents a shift from risky market trading to guaranteed and stable returns. ETH has fallen 6.5% in the last 24 hours, putting it at risk of a further plunge. Interest in Ethereum (ETH) staking continues as users see more value in storing their assets through smart contract blockchains to earn passive returns. ETH staking fever continues According to AMBCrypto’s analysis of CryptoQuant data, as of April 1, staking participation rate was close to 27%. This means that 27% of the total circulating supply of ETH has been deposited to secure the network. Just a year…
Posted 5 minutes ago In ~ Modular blockchain project Celestia has introduced Blobstream for the Arbitrum ecosystem, allowing developers to create custom chains (called Orbit) using Celestia for data availability.The Orbit chain can be a layer 2 chain that settles directly on Ethereum, or a layer 3 chain that can settle on Arbitrum’s own layer 2: Arbitrum One.Deploying Blobstream in this context allows you to leverage the Celestia light client for data availability sampling (DAS) in L2 and L3 rollups. This is a technology that ensures that data related to transactions and state changes is accessible to all network participants.This…
join us telegram A channel to stay up to date on breaking news coverage Hot Solana meme coin Smog has amassed a whopping 110,000 holders ahead of the end of its first $1 million airdrop. However, if you missed out, it’s not too late to qualify, so you have one last chance to participate in the “Best Solana Airdrop Ever.” Go to the website where you can buy $SMOG at a discounted price, complete as many tasks as possible on Zealy before 1PM UTC on April 3rd, and you’ll be guaranteed a $1 million airdrop tomorrow. Quests are an integral…
A recent report from Coinbase has sparked interest in the burgeoning re-staking sector within Ethereum’s DeFi landscape, pinpointing a series of potential risks that could accompany its growth.Re-staking has quickly become a critical component of Ethereum’s infrastructure, but concerns have emerged surrounding financial and security vulnerabilities.Rebalance the challengeRe-staking involves the process by which validators secure certain network services to receive rewards and attract significant investments, particularly within EigenLayer’s protocol. EigenLayer’s protocol currently boasts $12.4 billion in total value locked (TVL).This mechanism encourages the proliferation of Liquidity Re-Staking Tokens (LRTs), which represent tradable assets held by protocols such as EigenLayer and…
EOS cryptocurrency, Bitbot pre-sale and BlockDAG We lead stability, growth, and innovation. As the cryptocurrency market continues to evolve, smart investors are looking for opportunities that can deliver impressive returns and shape the future of finance. EOS stands out as a symbol of stability, Bitbot’s pre-sale success signals a new era of transaction authorization, and BlockDAG’s unprecedented potential, followed by a detailed version of its white paper V2, promises to reshape the entire cryptocurrency ecosystem. Explore the exciting world of cryptocurrency investing, where every opportunity promises incredible growth and opportunity. Exploring the Potential of the EOS Cryptocurrency: A Path to…
Cryptocurrency markets are abuzz with speculation as the US government recently took significant action against the infamous Bitcoin (BTC) confiscations linked to it. silk road Dark web marketplace. This development comes at a critical time for the Bitcoin price, which has struggled to maintain its position above $70,000 after hitting an all-time high (ATH) of $73,700 on March 14. Another round as the largest cryptocurrency experience price correctionThis movement of seized funds has sparked intense speculation about a potential sale by the U.S. government. Silk Road BTC seized in transit According to Onchain dataA wallet linked to the U.S. government…
Securities and Exchange Commission (SEC) Hester Peirce has criticized her agency’s approach to regulating the industry, calling controversial cryptocurrency accounting guidelines a “noxious weed.” At a two-day “SEC Speaks” event sponsored by the Practicing Law Institute, Republican members singled out Staff Accounting Bulletin 121 for ‘secret garden,’ — what she was referring to was “a maze of employee guidelines that serve to define practices across the securities industry in a way that makes it impossible to easily read a rulebook.” Peirce pointed out, as he usually does in public speeches, that his views are his own and not those of…
Just as the last days of winter melt away, spring brings refreshing feelings and vitality. This is the perfect time to breathe new life into every aspect of our lives. Whether you’re refreshing your closet, starting a new home project, decorating your office, or needing to get organized, we’ve got you covered with cryptocurrency-backed gift cards to spice up your daily life. With BitPay’s carefully selected gift cards, you can welcome spring in style and energy.From home projects to wardrobe essentials, here are the best stores to kickstart your spring mood.Refresh your style with H&M’s vibrant spring collection, featuring the…