A prominent cryptocurrency analyst is predicting a market correction for Solana (SOL) and another one of Ethereum (ETH)’s biggest competitors. Pseudonymous trader Altcoin Sherpa says X, a social media platform set up by Solana, has 201,800 followers and is set to fall below $50, more than 31% below its current value. The trader says he expects a correction in Solana, but he thinks SOL will eventually recover and regain its bullish momentum. “SOL: From a trader perspective, I think we will see prices below $50 for Solana in the medium term. For investors, don’t worry, SOL will move to much…
Author: Crypto Flexs
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Pandoshi raises $750,000 in 2 weeks of public sale – Chainwire housenewsroomPandoshi raised $750,000 in two weeks of public sales. 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for…
Dubai, UAE, December 20, 2023, Chainwire In 2023, BNB Chain will launch opBNB and Greenfield blockchains and add support at all stages of the development lifecycle through the Builder Support Program. The average DAU of BNB Smart Chain (BSC) increased by 126,000 in 2023, with opBNB showing the highest average DAU and number of transactions among major L2s launched in the second half of 2023. BNB Chain is a community-driven blockchain ecosystem. The world’s largest smart contract blockchainhas launched its 2023 review campaign, marking a landmark year with the introduction of new blockchains across all development stages and the addition…
join us telegram A channel to stay up to date on breaking news coverage Baby Grok price has traded down 36% in the last 24 hours. $0.00000000007039 1 AM EST. shit #BabyGrock Flying with nearly $40 million in capital 🤷♂️ pic.twitter.com/szt6OZWhcF — MAD Crypto 💎🫱.og (@mattunchi) December 19, 2023 Baby Grok Price Prediction Looking at the 1-hour BABYGROK/USD chart, the 200-point moving average is crossing the 50-point moving average, forming a dead cross. This shows token selling pressure as Baby Grok price is expected to plummet in the near term. The MACD also narrowed to the red zone after a…
Bitwise Asset Management, known as the largest cryptocurrency index fund manager in the United States, has embarked on a new marketing effort with the launch of the “Bitwise Is Interesting” advertising campaign. Announced on December 18, 2023, this strategic move aims to enhance the company’s reputation as a leading expert in the rapidly evolving crypto asset class. This campaign is an important step in Bitwise’s marketing strategy to expand public awareness of the company’s expertise in cryptocurrency. With a wide reach across multiple media platforms including TV, social and digital channels, the campaign is expected to have a significant impact.…
reporter Posted on: December 20, 2023 INJ’s momentum has stalled in the past 127% extension. The huge profits being enjoyed by holders could lead to sharp price movements in the coming days. Injective (INJ) is up 500% since October 12th. Technical analysis of the token shows that above $25 is clear sky and $55 is very likely at the moment. However, holders at low prices will certainly increase selling pressure on INJ. AMBCrypto’s technical analysis suggested several levels at which holders could book profits. Re-entry can wait until the trend plateaus and a significant decline occurs. On-chain indicators also pointed…
Cryptocurrency hardware wallet provider Ledger is changing its transaction signing process after exploiting the Ledger Connect Kit software library on December 14.“We are aware that approximately $600,000 in assets was stolen and affected from blind signing users of the EVM DApp,” Ledger wrote on Wednesday. X post. “We have committed to working with the DApp ecosystem to allow clear signatures and no longer allow blind signatures using Ledger devices by June 2024.”The company said both ledger and non-ledger customers who lost funds due to the exploit will be “all-out” by the end of February 2024. It added that people who…
December 20th First tokenized bond raises over 5 million USDt from Bitfinex Securities Posting time: 15:00h From media materials Posted by Elodie Jallet Astana, Kazakhstan, December 20, 2023 – Bitfinex Securities Ltd (https://www.bitfinex.com/securities/), a provider of listing and trading services for security tokens, announces the successful raising of $5,200,100 USDt in one of the world’s first tokenized bond issuances. I’m delighted. The fundraising of ALTERNATIVE, a Luxembourg-based securitization fund managed by microfinance leader Mikro Kapital (https://mikrokapital.com), officially closed earlier this week. ALT2612 is the first tokenized bond in the microcredit industry and one of the first tokenized bonds in the…
As the cryptocurrency industry gains greater institutional adoption, there will be a greater need for accounting and tax reporting tools similar to those businesses have access to in the traditional financial world. TRES seeks to provide these companies with “a comprehensive way to obtain a complete and accurate picture across all Web3 financial activities,” co-founder and CEO Tal Zackon said in a statement.
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly to the service. Blockchain network Elastos may have devised a strategy to capitalize on the current high demand for Bitcoin (BTC) staking on its platform. This comes after the launch of BeL2, a Bitcoin Layer 2 network, in an effort to sustain the billions of dollars in BTC volume flowing from the staking tools it currently offers. According to Elastos developers, BeL2 is an upgrade of the basic Bitcoin blockchain. And this is especially true in that it allows for more sophisticated Bitcoin transactions, such as…