reporter Posted on: December 19, 2023 The digital asset recorded its first outflow in nearly three months last week. This is because profit-taking activities have increased rapidly. Digital asset investment firm CoinShares said capital flight from its investment products totaled $16 million last week, signaling a potential shift in sentiment following sustained strength. report. During the period under review, a wave of investor withdrawals swept digital asset markets, wiping out 11 weeks of steady inflows. Despite the recorded outflows, weekly trading volume was above the average at the start of the year, according to the investment firm. CoinShares noted: “However,…
Author: Crypto Flexs
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I know this may be taboo to discuss because of the potential implications (unlimited block size), but in an attempt to put ego issues aside in the block size wars, I’d like to hear from people/developers who: I have a deeper understanding of the Bitcoin system than I currently have, whether it is technically possible to use SPVs and proof-of-fraud to scale Bitcoin. Having an unlimited supply of block space makes some sense to me from an economic perspective (the potential for greater decentralization of miners and the services they will provide). Needless to say, it would be nice if…
What is CryptoSlate Alpha?A web3 membership designed to provide cutting-edge insight and knowledge. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.Oh no… we need to lock down at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more >disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree that you will be bound by Access Foundation’s applicable terms and conditions as…
Posted 1 minute ago In ~ According to data tracked by The Block, Google searches for the term ‘solana’ increased 250% from early October to early December. It is expressed on a scale from 0 to 100, with 100 representing the highest level for 2020. Searches for ‘solana’ increased from 14 just two months ago to 49 in early December. price/performance“The price-performance of this product has been much stronger than other assets that have attracted more attention, and the network’s memecoins have also been gaining popularity recently,” said Rebecca Stevens, Block Research analyst. The price of Solana rose 224% from…
Ethereum price is recovering losses from $2,120 support. ETH is up more than 3% and the price could rise if it overcomes the $2,250 resistance level. Ethereum is moving higher from the $2,120 support zone. The price is trading above $2,200 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance near $2,210. A break above the $2,250 resistance area could push the price higher. Ethereum price hike resumes Ethereum price continued its downward trend below the $2,150 level. ETH remained strong above the…
Cipher Mining, a publicly traded Bitcoin mining company, has signed a substantial agreement with Chinese cryptocurrency mining giant Bitmain. The deal includes Cipher purchasing 37,396 Antminer T21 mining machines from Bitmain for $99.5 million. As indicated in the official announcement, the new mining equipment is expected to contribute 7.1 exahashes per second (EH/s) of proprietary mining capacity by the first half of 2025. Cipher CEO Tyler Page emphasized the strategic importance of the purchase, highlighting the company’s ability to build 135 MW at the recently acquired Black Pearl site.Strategic expansion and future plans:This significant acquisition is consistent with Cipher’s broader…
Zooko Wilcox has stepped down as CEO of Electric Coin Company, which developed the privacy-focused cryptocurrency Zcash (ZEC).ECC announced a leadership change on Dec. 18, with Josh Swihart promoted to replace Wilcox.Wilcox talks about the history of privacy on the Internet. Source: ECC/YouTubeAccording to LinkedIn, Swihart previously worked at ECC as one of the company’s vice presidents of growth from October 2018 to August 2023, but took four months off to work as a part-time investor at Denver Angels, an investment services firm in Colorado.“We are confident in Josh’s leadership as we find product-market fit, drive new partnerships and collaborations,…
join us telegram A channel to stay up to date on breaking news coverage As the coin focuses on the $0.85 resistance level, the EOS price prediction looks to break above the $0.80 resistance level. EOS prediction statistical data: Current EOS price – $0.048 EOS market capitalization – $843.6 million EOS Circulating Supply – 1.1 billion EOS total supply – 1.1 billion EOS CoinMarketCap Ranking – 74th EOS/USD Market Main level: Resistance levels: $0.95, $1.00, $1.05 Support levels: $0.65, $0.60, $0.55 EOSUSD – daily chart EOS/USD appears to be hitting new highs as the coin moves towards the upper boundary…
BlockShow, a leading global conference specializing in the blockchain and cryptocurrency industry, is returning after a four-year absence to host a festival-like Web3 event in Hong Kong in 2024 in collaboration with BlockDown Festival, run by PR agency EAK Digital.First launched in 2016, BlockShow is backed by blockchain industry publication Cointelegraph and will work closely with EAK to produce an Asian version of BlockShow Known for hosting prominent Web3 companies such as Animoca Brands, Cyberport is Hong Kong’s Silicon Valley and will be the primary venue for major BlockShowThe main conference will take place on May 8-9, 2024, with additional…
Boyfriend and girlfriend! Today I would like to give you a heads up on some details about the ticketing process. Monday’s launch, there are updates on sponsors, volunteers, and discount ticket applications. As the icing on the cake, we’ll also introduce the Devcon Community Hub! But first, I hope you’ve heard about the pre-sale of Devcon VI tickets. Auctions and Lotteries, and may even have placed a bid. Otherwise, you last day Enter to win Devcon VI tickets by bidding at least 0.25 ETH. Auction ends July 14th at 07:59 UTC. Any participant who does not receive the highest 20…