Key Takeaways Algotech has closed its second pre-sale round, raising over $3.5 million to date. The project seeks to provide AI solutions to the rapidly changing world of cryptocurrency trading. The Algotecth presale has been going well and we recently hit another important milestone. Investment in the project continues to grow as the broader cryptocurrency market is expected to surge in the coming weeks. What is AlgoTech? To understand why investors are buying Algotech, you need to understand what the project is and what solutions it provides to users. algotech A cutting-edge decentralized algorithmic trading platform designed specifically for the…
Author: Crypto Flexs
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Litecoin (LTC) has surged nearly 20% over the past three days after the U.S. Commodity Futures Trading Commission (CFTC) referred to the asset as a commodity in its legal action. On Tuesday, the U.S. Department of Justice (DOJ) and CFTC unsealed an indictment against cryptocurrency exchange KuCoin and its founders Chun Gan and Ke Tang. The DOJ alleged that the exchange operated an unlicensed money transfer business, failed to maintain an adequate anti-money laundering (AML) program, and received more than $5 billion in suspicious criminal proceeds. The CFTC also charged KuCoin with illegally processing OTC commodity futures transactions, among other…
part- Ethereum has gone through many changes since its launch in 2015, with the Dencun upgrade implemented on March 13, 2024 being one of the biggest changes.- The Dencun upgrade includes nine improvements designed to enhance network scalability, lower transaction fees, and enhance security.- The upgrade introduces proto-danksharding to Ethereum, which reduces gas costs by allowing the network to process layer 2 (L2) transaction data more efficiently.- Proto-danksharding is made possible by a new type of data called Blob, which is removed from the blockchain instead of being stored forever. Launched in 2015, Ethereum is a blockchain and decentralized open…
Posted 1 minute ago In ~ According to notes from FTX Digital’s formal joint liquidator meeting held in the Bahamas, the FTX Insolvency Foundation has set a target to begin repaying customers by the end of 2024. FTX’s bankruptcy consists of two separate processes running simultaneously. Chapter 11 bankruptcy adjudicated in a U.S. court in Delaware and formal liquidation process for FTX Digital, a subsidiary of Bahamas-based FTX. Nature of FTX Accounting. However, both sides of the estate agreed to cooperate to ensure that creditors could submit claims to either entity and that no creditor would receive less than they…
Cryptocurrency and NFT The gaming space is busier than ever these days, with big name games starting to release, token airdrops piling up, and other things happening seemingly constantly. It’s a lot to take in!luckily, decryptionGG is everything. If you want to stay up to speed on the latest trends in cryptocurrency video games, Crypto Games is making its debut this week.Weekend Tips brings you the biggest news of the past week along with a few other stories you might have missed. We’re also featuring a few original stories of the week.biggest newsCheaters learn a hard lesson. Call of Duty…
The cryptocurrency landscape, once dominated by the unprecedented surge of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), is witnessing notable changes. Investors who have capitalized on the huge profits of these meme coins are now turning their profits to new and promising competitors in the cryptocurrency space. Option 2 Trade (O2T). This migration highlights a broader evolution in investor sentiment and strategies, with investors gravitating towards platforms that offer real technological innovation and utility as well as speculative appeal. Let’s take a look at why profits from Dogecoin (DOGE) and Shiba Inu (SHIB) are shifting to Option2Trade (O2T)…
The cryptocurrency market has continued to grow significantly since the beginning of this year, and the stablecoin sector is also showing significant expansion. According to DeFiLlama, stablecoin supply has grown by nearly $20 billion since the beginning of the year, reaching more than $150 billion. This is the highest level observed since the FTX collapse in November 2022. Why Stablecoin’s $150 Billion Surge Since January Matters Stablecoins are an important bridge between cryptocurrency markets and traditional fiat currencies. Stablecoins have a significant impact on liquidity given their penetration and popularity among traders. Therefore, the recent uptrend signals the prevailing optimism…
The value of XRP has fluctuated slightly over the past 24 hours. Indicators for the token looked bearish. Ripple (XRP) According to AMBCrypto’s analysis, it was in a consolidation phase at the time of press. The token has not shown much volatility, which suggests investors may have to wait longer for things to turn bullish. So we decided to take a closer look at whether XRP’s trend will change in April. XRP is moving slightly AMBCrypto’s analysis of XRP’s daily charts shows that the token’s price has been moving in a range for more than two weeks after dropping in…
DOGE, the most popular memecoin on the Internet, is gaining attention again. Recent data shows a surge in futures market activity and strength in technical indicators, suggesting prices may explode soon. According to data from Coinglass, DOGE futures open interest has hit an all-time high of over $2 billion, indicating a significant increase in market activity. This means that traders are placing more bets on the future price of Memcoin, with many likely expecting the price to rise. DOGE flexes your muscles with big numbers. Further supporting the bullish case, DOGE funding rates have remained positive since the start of…
It has been reported that Binance CEO Richard Teng secretly visited Korea to negotiate with financial authorities regarding the ‘Gopax’ issue. The details and outcome of the negotiations are currently unknown. It has been reported that Binance CEO Richard Teng secretly visited Korea to negotiate with financial authorities regarding the ‘Gopax’ issue.According to News 1. The purpose of his visit and the details of the negotiations have not yet been made public. Binance is one of the world’s largest cryptocurrency exchanges and has been expanding its presence globally. However, it faces regulatory challenges in several countries, including Korea. The ‘Gopax’…