The cryptocurrency market is undergoing major changes due to the upcoming launch of Ethereum and Bitcoin ETFs. These changes are expected to drive market adoption and redefine investment strategies. New ‘social trading’ exchange token, Option 2 Trade (O2T)is emerging as a potential market favorite due to its unique ‘social trading’ features. This gives investors a new way to participate in the cryptocurrency market following the launch of the ETF and provides a unique and attractive alternative to traditional ETFs. coming soon Ethereum (ETH) Bitcoin (BTC) ETFs are redefining the investment landscape, providing traditional investors with a regulated path into the…
Author: Crypto Flexs
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Posted 1 minute ago In ~ Updated: March 29, 2024, 11:08 AM EDT Open interest for Bitcoin futures on centralized exchanges has hit record highs, indicating increased trading activity around the largest cryptocurrency by market capitalization. Total open interest in Bitcoin futures reached a record level of $38 billion on Friday, according to CoinGlass.Since the start of 2024, daily open interest in Bitcoin futures has increased more than 100% from January 1, when it was approximately $17.2 billion. This rise coincides with a surge in Bitcoin price to $70,000. This is a 66% increase since the beginning of the year.Open…
Dogwifhat token surpassed Pepe to take third place in market capitalization of all meme coins. Dogwifhat (WIF), with a market cap of $3.6 billion, currently ranks second behind meme giants Dogecoin (DOGE) and Shiba Inu (SHIB), which have market caps of $31.1 billion and $18 billion, respectively, according to CoinGecko. Source: CoinGecko In the last 24 hours, WIF has become one of the key growth leaders, with the coin’s price rising by more than 16%, reaching an all-time high (ATH) of $4.01 on March 29. Data from CoinGecko shows that the meme coin category has grown by an average of…
There are opportunities everywhere in life. Buffett’s success lies in his confidence, faith in his own eyes, and belief that he can seize this opportunity.Buffett said: “My secret to investing is to be greedy when others are panicking, and to be panicking when others are greedy.” This is also true. The first time Buffett’s wealth soared was in 1941. (1941 was the final stages of the Great Depression).Since the COVID-19 incident, the global economy has stagnated and local wars continue. Bankruptcy, unemployment, and loss of income happen every day. Isn’t today’s world the same as the year Buffett’s assets soared?…
March 29 Bitfinex was one of the first companies to list BXN, the native token of the Blackfort Exchange Network. Posted at: 08:44h From media materials Maria Lobusova Road Town, British Virgin Islands – March 29, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list BXN, the native token of the BlackFort Exchange Network, a layer 1 blockchain. Compatible with EVM and designed for speed, security, and scalability. Launched in January 2023, BlackFort Exchange Network is a blockchain network that makes it easier to create and…
Ethereum co-founder Vitalik Buterin discusses the current state and potential of memecoins, suggests alternative approaches such as charity coins and the Robin Hood game for positive-sum experiences, and highlights the importance of combining philanthropy with game mechanics . In a recent blog post titled “What else could memecoin be?” Vitalik Buterinco-founder of Ethereum, explores the current landscape of meme coins and ponders their potential beyond the realm of meme culture. Buterin begins by looking back at an article he wrote 10 years ago, before the Ethereum project was made public. In the article, he argued that coin issuance could be…
Blob transaction fees on Ethereum witnessed an unprecedented surge yesterday with the launch of “BlobScriptions”.Blob represents a new transaction type that alleviates layer 2 fees on the Ethereum network and was introduced with the Dencun upgrade. The minimum gas price for a blob to be included in an Ethereum block from the beginning was 1WEI, which is approximately $0.01.However, this fee experienced an incredible surge of over 10,000% yesterday, reaching almost $300 following the introduction of BlobScriptions by Ethscriptions.As of press time, average blob fees have fallen to about $6.57, or 13.97 gwei, according to the Dune Analytics dashboard curated…
LiNEAR introduced Omnichain Liquid Restaking with the first aim of advancing NEAR’s chain abstraction. LiNEAR is the leader in NEAR’s DeFi protocol and holds the largest TVL. We plan to improve the safety aspects of NEAR’s chain abstraction network through staking. This will bring about a safe future for chain skeptics and abstracted Web3 exposure. We have done our best to advance the ecosystem, starting with our unique liquidity staking feature and automatic validator optimization algorithm. This helps improve safety issues and decentralize the NEAR network by redistributing stakes across the 200 active nodes. LiNEAR’s goal is to provide a…
In a blog post published today, Ethereum co-founder Vitalik Buterin shared his idea for memecoin and its potential to have a positive impact on the cryptocurrency space.Buterin cited one of his “personal moral rules” as “If there is a person or group you dislike, be willing to praise at least a few of them so that it best meets your values.” “I have no enthusiasm for coins named after totalitarian political movements, fraud, hooliganism, or anything that was interesting in month N but makes everyone angry in month N+1.”Memecoins have generated a lot of hype in recent months (and even…
Binance, a popular cryptocurrency exchange, has introduced Ethena (ENA) on its Launchpool platform. Users can now participate in ENA token farming by staking BNB and FDUSD. The farming period will last for 3 days starting March 30, 2024. ENA will be listed on Binance on April 2, 2024. Binance, one of the leading cryptocurrency exchanges, recently announced the introduction of Ethena (ENA) to its Launchpool platform. ENA is a synthetic dollar protocol designed to provide users with a stable and decentralized digital currency solution. With the launch of ENA on Binance Launchpool, users now have the opportunity to earn ENA…