Ark Invest CEO Cathie Wood sees Bitcoin as a hedge against currency devaluation and wealth erosion. “I think this is an insurance policy against a rogue regime or terrible fiscal and monetary policies,” she said, attributing the recent surge in Bitcoin prices to a “flight to safety.” ‘I think this is a flight for safety’ (…)
Author: Crypto Flexs
Read More
Polygon Labs CEO Marc Boiron believes that fierce competition between Ethereum layer 2 networks is the “biggest problem” facing the second-largest digital asset by market capitalization. In an April 7 post on social media platform that explained: “The biggest problem with Ethereum is that it continues to cannibalize itself through all the L2s competing for developers, users, and liquidity, rather than competing outside of the Ethereum ecosystem. Microeconomics 101 will tell you this is a bad strategy. “There is no answer, but it must be resolved,” he said. Several cryptocurrency community members share Boiron’s view and argue that layer 2…
The cryptocurrency market is on the edge of an interesting phase. As the bull market unfolds in 2024, investors are eagerly looking for the next big-cap stock. In this article, we take a closer look at cryptocurrencies that are expected to see significant growth. We identify promising candidates that stand out in the busy cryptocurrency space, tailored for those looking to expand their portfolios to match the current upward trend. BlastUP went viral and raised $4 million in a matter of weeks. BlastUP, Blast’s premier launchpad, recently made waves in the cryptocurrency world with its surprising debut, raising $4 million…
When liberal politician Javier Millais was elected president of Argentina late last year, many in the world of traditional finance and digital assets feared that a leader who appeared to support Bitcoin would help increase cryptocurrency use in South America’s second-largest economy. I guessed it would be. However, after the recent unveiling of new regulations requiring both companies and individuals who handle or trade digital assets to register with the government, many are wondering whether Argentina is now moving away from digital assets. A new era of reduced regulation and increased use of cryptocurrency.Critics of the new regulations see them…
Context of the article The world economy is emerging from saturation, and major world indices are booming. Although inflation has eased in most countries, policymakers warn that meeting the central bank’s target of around 2% will be quite difficult. World Bank Group Senior Vice President and Chief Economist Indermit S. Gill predicts that developed and developing countries will grow more slowly in 2024 and 2025 than in the decade before COVID-19. So the relevant question is: Cryptocurrency boom in 2024? Is this a sign of recovery or is a bubble forming? Let’s explore The cryptocurrency fear and greed index has…
April 8 Series: Halving Season “Discovery” – Part 5: Bitcoin and Fee Structure Innovation Post time: 13:47h education Posted by Tammy “Satoshi Nakamoto, the father of Bitcoin, designed this network with an issuance limit of 21 million coins. Rewards for processing transactions (minting new bitcoins) are cut in half every four years. Once this supply is exhausted, the system may rely on transaction fees. “Bitcoin uses an open market mechanism to determine fees, so there will always be people willing to process transactions for free.” How will Bitcoin’s wave of innovation impact the network? Bitcoin is going through a period…
Synthetic dollar developer Ethena Labs has received approval for the USDeFRAX liquidity pool with Frax Finance to diversify the yield of the FRAX stablecoin. Ethena Labs’ Singularity roadmap proposal is as follows: Approved And using the protocol, we were able to create a USDeFRAX POL with a cap of $250 million on the defi stablecoin exchange curve. Ethena looks up to the FRAX team as one of the best builders in all of DeFi and is excited to work together over the coming months to grow the Onkahin Dollar economy.— Athena Labs (@ethena_labs) April 8, 2024 Going forward, USDe’s issuer…
Devcon2 website is officially open! you can find it https://ethereumfoundation.org/devcon/ Thank you for everyone’s interest, suggestions, support, and passion. We have an amazing community and are excited to present Asia’s first Ethereum Foundation event. This year’s Devcon2 (September 19, 20, 21) International Blockchain Week Wanxiang Blockchain Labs, the Chinese host institution, in Shanghai The Ethereum Foundation’s “devcon” is designed as a developer conference for developers, but everyone interested in research and development of the Ethereum platform, tools, and technologies is welcome to attend! This site isn’t just “live” – it’s alive. It is a living document that will evolve and…
Increasing demand for Solana meme coins could boost Solana’s performance. The expected increase in network activity could result in BNB returning to $600. NuggetRush (NUGX) allows users to stake gaming NFTs in an artisanal mining environment. Solana (SOL) is seeing increased network activity, while BNB’s continued meme coin competition could boost investor sentiment. At the same time, NuggetRush (NUGX) has established itself as one of the standout gaming tokens in the cryptocurrency industry. Over 270 million coins were sold in the pre-sale. The value of NUGX also returned 100% interest to early investors. But can NUGX emerge as one of…
The Tensor Foundation, the organization developing the Solana NFT marketplace Tensor, has launched its governance token TNSR. This move helps implement community governance, allowing TNSR holders to control Tensor parameters and fee discounts when using TNSR in underlying Tensor transactions. wrote Specifically, the protocol fee for lists generated from TNSR will be reduced by 25%. Users can claim tokens until October 5, 2024. TNSR has a token supply of 1 billion. The initial airdrop will consist of 12.5% of the token supply, with 55% or 550,000,000 TNSR allocated to the community. Core contributors will receive 27% of the total supply.…