There is a point where numbers start to lose touch with reality. Am I not the only one who has this belief? An example of this phenomenon is the asteroid Psyche, located about 370 million kilometers from Earth. According to scientists, the asteroid has large deposits of precious metals such as gold and platinum. NASA scientists estimate that if these metals were brought to Earth, they would be worth as much as $10 trillion. That’s a 1 followed by 19 zeros! And we are talking about the US dollar here, not the Zimbabwean dollar. How can you wrap your head…
Author: Crypto Flexs
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The first time I heard about people passionate about Luna and UST was when I attended a weekly gathering in London. They claimed that the coin continues to rise and that UST is being used by Korean citizens to pay for groceries. At the time, I was skeptical to say the least. Stablecoins based on other tokens that could go to zero at any point seemed insecure at best. One of my biggest regrets as a journalist is that I didn’t look into this issue more deeply and consider the risks in more detail. But even if that were the…
On February 15, Genesis received permission from the New York Bankruptcy Court to sell approximately 36 million shares of GBTC and two additional shares of the Grayscale Ethereum Trust. Real estate attorney upon application Grayscale stock has been valued A total of $1.6 billion, including nearly $1.4 billion from GBTC, $165 million from the Grayscale Ethereum Trust, and $38 million from the Grayscale Ethereum Classic Trust.
Pantera Capital’s Liquid Token Fund, which has total assets of about $300 million, reported a 66% return in the first quarter. This was primarily driven by investments in cryptocurrencies such as Solana and reducing stakes in Bitcoin and Ethereum-related assets. According to Bloomberg, altcoins such as RBN, Aevo, and STX also contributed to these impressive first quarter results. During the same period, Bitcoin rose 67%, reaching a high of $73,798 by mid-March, but has since declined slightly. By contrast, Solana’s value has nearly doubled. The prices of Bitcoin and Solana were recorded at $67,540 and $174, respectively, at last check…
A widely followed trader is expressing bearish sentiment towards the months-old memecoin built on top of Solana (SOL). Trader known by the pseudonym Bluntz says 253,400 followers on social media platform X scheduled for correction by dogwifhat (WIF). According to an anonymous trader who applies Elliott Wave theory to technical analysis, WIF appears to have completed its five-wave rally and is now ready to enter the ABC correction wave. According to Elliott Wave theory, bullish assets tend to witness ABC corrections after completing a five-wave upward movement. Blunts says: “I think macro 5 (wave) from scratch in WIF could be…
join us telegram A channel to stay up to date on breaking news coverage Amp price prediction shows AMP holding its position as bulls maintain their appetite to move higher. What can we expect from the upcoming AMP pricing analysis? The most recent daily analysis of AMP price suggests a strengthened upward trend. The bulls quickly made a comeback, propelling the AMP/USD value to an intraday high of $0.011. Amplifier prediction statistical data: Current amp price – $0.009 Amp Market Cap – $386.3 million Amplifier circulation supply – 42.2 billion Total supply of amplifiers – 99.4 billion units Amp Coinmarketcap…
Bitcoin BTC +0.93% According to The Block’s, the next halving event is now just two weeks away, or about 2,000 blocks away. Bitcoin halving countdown page. The estimated countdown is based on Bitcoin’s average block creation time of 10 minutes, and as things stand, it puts the potential date at 1:00 PM ET on April 20th. Bitcoin’s next halving event will see rewards for miners on the network decrease from 6.25 BTC to 3.125 BTC per block. Bitcoin halving is programmed to occur automatically every 210,000 blocks, or approximately every four years. When a halving event occurs, miners receive 50%…
Blockchain investigator ZachXBT highlighted the tension between privacy and law enforcement, claiming that IRS-CI harassed him into helping solve blockchain crimes. The world of blockchain investigations took an unexpected turn recently when renowned pseudonymous investigator ZachXBT reported on borderline harassment by the Internal Revenue Service-Criminal Investigation (IRS-CI). ZachXBT, known for his meticulous work tracking down scammers and fraudsters in the cryptocurrency space, claimed that IRS-CI overstepped his personal boundaries to claim his expertise. ZachXBT shared on social media an image of an email sent by an IRS-CI special agent. The message praised his “impressive work” in the industry and asked…
join us telegram A channel to stay up to date on breaking news coverage The upcoming Bitcoin halving has raised expectations of a potential cryptocurrency bull market, motivating investors to actively seek out promising altcoins like JasmyCoin. JasmyCoin (JASMY) pioneers the digital currency concept focused on Internet of Things (IoT) solutions. This innovative platform combines IoT technology and blockchain to create a secure space where users have full control over their data. JASMY aims to transform the way people utilize their personal information by emphasizing data autonomy and empowering users. Reimagine the data exchange environment, prioritizing facilitating secure and direct…
Jupiter recorded the most daily users in the first quarter. Demand decreases due to SOL price decline Solana-based decentralized exchange (DEX) Jupiter (JUP) ended the first quarter as the DeFi protocol with the highest number of daily unique active wallets over a 90-day period. According to DappRadar’s latest report, this is: The newly released “State of the Dapp Industry, Q1 2024” report shows that the number of daily unique active wallets on DEXs totals 179,000. This was due to the memecoin craze, which saw the value of some Solana-based assets such as dogwifhat (WIF) and Book of Meme (BOME) surge…