Posted 1 minute ago In ~ Solana-based liquid staking protocol Jito’s governance token surpassed $1.1 billion in trading volume within one day of launch.Yesterday, the project launched the Jito token, distributing it to community members and enabling decentralized governance.According to The Block’s pricing page, shortly after launch the token began trading around $2 and has since risen in value by nearly 45%. The token is currently trading at $2.9, which translates to a fully diluted market capitalization of $2.9 billion.The total supply of Jito tokens is limited to 1 billion, with 115 million currently in circulation.Of these, 80 million were…
Author: Crypto Flexs
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It was another great week for cryptocurrencies. Bitcoin rises 14% Over the past seven days, the Fear and Greed Index has been at Greed (73) and the market as a whole has been in the green.Solana BlockchainIn particular, the Solana blockchain performed very well. 78% in the past month This has had a positive impact on the Solana blockchain project. Solana prices – last 30 daysfor example. This week’s top 100 risers: BONK +219% (7D)A dog-themed meme coin launched in December 2022 with the goal of supporting Solana-based decentralized exchanges and boosting SOL token adoption.Within Micro-Caps, we have seen some…
PayPal launches its own stablecoin, Bankman-Fried is in jail again, and will being scammed make you a better trader? This week we bring you these stories and more in cryptocurrency. PayPal Launches Dollar-Backed Stablecoin Payments giant PayPal has launched its own stablecoin pegged to the US dollar. This stablecoin, backed by US dollar deposits and US short-term Treasury bonds, will be issued by Paxos under the ticker symbol PYUSD and will be available to US users first. PayPal is the first major fintech company to adopt digital currency for payments and transfers. SEC Delays Decision on Spot Bitcoin ETF The…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. In this article, we will look at three altcoins that have been performing strongly over the past few weeks: Celestia, Pullix, and Quant. Quant is an older coin, while Celestia and Pullix are relatively new coins, with Pullix still in the pre-sale phase. Celestia is up 364.8% over the past month. Celestia (TIA) is a recent addition to the industry’s Layer 1 network. The mainnet was activated in October after an airdrop event. Since then, the price of the…
The Privacy & Scaling Explorations team is excited to announce the winners of the Layer 2 Community Grants 2022. The Layer 2 Community Grants round started on October 24th, 2022 and was open for 6 weeks. In total we received 130+ proposals and thank each project for taking the time to apply. The wishlist compiled sought applications from all areas including Layer 2 explorers, cryptography, and education. This chart shows percentage of initial applicants by category: Due to the high quality of proposals, we raised the budget from an initial 750k USD to a total of 948k USD. The awarded…
Despite predicting that the long-anticipated U.S. recession will finally hit next year, investment manager VanEck still expects Bitcoin to hit all-time highs by the fourth quarter due to the approval of spot ETFs and the upcoming halving event, according to a new report.VanEck analysts Matthew Sigel and Patrick Bush expect the U.S. economy to succumb to a recession in the first half of 2024 as economic momentum slows and inflation cools, making it more vulnerable to shocks. However, analysts also expect more than $2.4 billion to flow into U.S. spot Bitcoin ETFs in the first quarter, pushing prices higher if…
The top 100 Web3 altcoins surged more than 67% this week due to wallet updates, new partnerships, and re-listings on Korean exchanges. WEMIX, a subsidiary of Wemade, aims to build a Web3 ecosystem centered on experience-based services. The project’s native token is trading at $3.91 at the time of this writing, up from $2.34 a week ago. The 56th largest cryptocurrency asset by market capitalization also rose more than 22% in the past 24 hours. On Tuesday, Wemade announced a partnership with the Innovation Hub at Dubai International Financial Center to build a web3 gaming community centered around WEMIX. The…
part- Historically, Bitcoin price followed a four-year cycle believed to be associated with each halving event.- A somewhat stable pattern emerged before and after the halving, including rebounds, declines, and peaks.- Although past performance is not always indicative of future results, this framework can be used to predict Bitcoin price under the assumption that past trends will reappear.Impact of Halving on BTC MarketsMuch of Bitcoin’s past price history has revolved around: bitcoin halving. Although the effect of halvings on the price of Bitcoin is debatable, it is undeniable that each cycle so far has had a similar pattern to the…
join us telegram A channel to stay up to date on breaking news coverage New cryptocurrency token It can explode with the highest margins. This article highlights various new coins listed on exchanges. Missing the direction of the cryptocurrency market can result in investors missing out on taking advantage of exciting opportunities. The information shared in this review will help cryptocurrency investors stay ahead of the curve by staying on top of cryptocurrency market movements based on new projects being listed every day. New cryptocurrency launches, listings and pre-sales today In general, the rules of cryptocurrency remain the same for…
Cointelegraph Accelerator is pleased to announce a strategic collaboration with Chainlink Labs, the lead developer of Chainlink, the industry-standard decentralized computing platform. This collaboration will help align the Cointelegraph Accelerator and Chainlink BUILD programs to drive innovation and accelerate the growth of next-generation Web3 projects.Cointelegraph Accelerator and Chainlink Labs join to power Web3 innovation.Cointelegraph Accelerator is a global program supporting early-stage and promising Web3 startups. As part of its collaboration with Chainlink Labs, Cointelegraph Accelerator will provide Chainlink BUILD projects with marketing support, media strategy, social media playbook, user acquisition guides, access to the largest industry events, and other benefits…