El Salvador, a Central American country moving toward Bitcoin this week moving President Nayib Bukele revealed in a post on X (formerly Twitter) that $400 million worth of Bitcoin (BTC) is in a cold wallet. Bukele called the new setup “our first #Bitcoin piggybank.” El Salvador said it stored the cold wallet in a “physical vault within our territory,” including a photo of the wallet holding 5,689.68 BTC, worth $411 million at Thursday prices. A Bitcoin vault of that size would make El Salvador’s reserves much higher than previously thought. Even on Thursday, public trackers valued the country’s assets at…
Author: Crypto Flexs
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The Bitcoin Fear Greed Index is red-hot at 90, which means the market is full of excitement. This prediction may have already come true, with the price reaching a new ATH of $73,000 before falling back to the $67,000 level. Galaxy Fox is not immune to the infectious optimism that could overheat the market, but some analysts are suggesting that this could be a top upcoming ICO project with strong fundamentals and the potential to deliver high returns in 2024. This article examines current market sentiment and investment risks. We will also explore some “safer bets” within the cryptocurrency space,…
Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have been liquidated over the past 24 hours as BTC falls below previous highs. According to new data from market intelligence platform Coinglass, $260 million worth of Bitcoin was liquidated in the past day, the overwhelming majority of which were long positions. Coinglass also found that $122 million worth of major smart contract platforms were liquidated during the same period, bringing the total amount of digital assets liquidated on the last day to $727 million. Other major digital assets that recorded at least $10 million…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin’s positive outlook has caused a surge in the entire cryptocurrency market. This increase reflects investor confidence in exploring promising tokens with potential upside amid expected strength. As such, altcoins are increasingly attracting investors looking for a variety of entry points. Nonetheless, choosing the right altcoin requires dedicated effort and thorough research. This article aims to simplify this process by highlighting a few notable altcoins worth considering investing in. 7 Best Altcoins to Invest in Right Now Bitcoin sold off overnight, falling below $70,000., Jupiter, Conflux,…
SSV.Network Appears with Etherfi Live at X Spaces to Discuss the Future of Restake – Chainwire housenewsroomSSV.Network appears with Etherfi Live at X Spaces to discuss the future of Restake. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an…
El Salvador’s President Nayib Bukele reaffirmed his country’s daily commitment to purchasing one Bitcoin. Bukele has released transaction receipts for same-day purchases, reflecting the country’s ongoing commitment to the scheme. One Bitcoin per day proves successful In November 2022, Bukele announced a dollar-cost averaging (DCA) plan for El Salvador. At the time, he pledged to buy one BTC per day as part of the country’s cryptocurrency-friendly policy. Despite facing initial criticism from various international financial institutions due to the sluggish cryptocurrency market at the time, the decision proved to be a strategic success. The recent surge in the value of…
Anything above $1 is very important for FTM. Selling pressure on Fantom was high and indicators looked bearish. The ongoing bear market has had a major impact on Phantom (FTM), with the token recording double-digit declines over the past few days. However, at the time of press, the token price was in a consolidation phase. If a breakout occurs, the price of FTM could soon reach new highs. Phantom sets a new goal FTM surged on March 16th, but the trend soon reversed, offsetting the weekly gains. According to CoinMarketCapIn the last 24 hours alone, FTM is down 10%. At…
Shibarium, a layer 2 blockchain developed by the creative minds behind Shiba Inu (SHIB), has shattered expectations by achieving incredible milestones in transaction throughput. Shibariumscan, which surpassed an impressive 411 million transactions, demonstrated the platform’s resilience in the face of market volatility. The recent surge in user adoption and influx of dApp builders has contributed to Shibarium’s exponential growth. Over 3 million transfers were added in the last few days alone, solidifying Shibarium’s position as a force to be reckoned with in the blockchain space. This achievement is especially impressive considering that the current daily transaction throughput is 1.03 million.…
The price of Bitcoin is up more than 150% since this time a year ago, and Crypto.com’s CEO believes that inflows into new spot exchange-traded funds have largely driven the cryptocurrency’s rise. He also believes that we are probably in the December 2020 or January 2021 phase of the last cycle and that the current price correction is “healthy.”Kris Marzsalek shared his belief that Bitcoin’s strength was “primarily driven by inflows in Bitcoin ETFs” in an interview with CNBC’s Squawk Box.“This is a very successful product,” he said. “There is a problem with supply and this must be reflected in…
Over the past month and a half, we have seen active research and development across all aspects of the Ethereum roadmap, and progress is quickly starting to translate into real-world results that can be implemented and verified within the Ethereum client. In Metropolis: The agenda for Core Development Meetings 15 and 16 is as follows: https://github.com/ethereum/pm/issues/13 and https://github.com/ethereum/pm/issues/14The list of accepted EIPs is as follows: https://github.com/ethereum/EIPs/blob/master/README.md (Agree for the most part, but details such as gas costs are still being discussed.)Most EIPs have been implemented in C++ and Python, and are being implemented in other clients as well. Tests are…