Traditionally, the numbers have been very large, and the larger the investment required, the more difficult it is for companies to enter and remain competitive. Some industries are still moving toward requiring greater investment and capacity to achieve scale. Today, building a new, cutting-edge semiconductor facility is so expensive, estimated at up to $30 billion, that only a handful of companies remain in the once-dozen business.
Author: Crypto Flexs
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The blockchain space is seeing fierce competition for developer mindshare, especially after the emergence of layer 2 solutions and the recent SEC decision on the Bitcoin ETF. Injective Labs, the team behind the high-speed Injective Protocol, recently entered the fray by releasing inEVM, its own Ethereum Virtual Machine (EVM) Layer 2 rollup. But Injective isn’t the only emerging cryptocurrency project making headlines. A new blockchain ICO contender, InQubeta (QUBE), is generating buzz and attracting significant investor interest for its innovative approach to supporting AI technology startups. Injection bets on interoperability with inEVM Following a successful testnet phase, Injective has officially…
Binance announced the listing of BOOK OF MEME (BOME) on its spot trading platform and the launch of the BOME perpetual contract with up to 50x leverage. Binance, the world’s leading cryptocurrency exchange, recently announced the introduction of BOOK OF MEME (BOME) to its extensive list of tradable digital assets. The exchange will also launch the USDⓈ-M BOME perpetual contract, offering up to 50x leverage, further diversifying the options available to traders on the platform. Starting March 16, 2024, traders will be able to use BOME on the Binance spot trading market. Tradeable pairs include BOME/BTC, BOME/USDT, BOME/FDUSD and BOME/TRY,…
A widely respected analyst and trader is offering his predictions for three cryptocurrency assets. Starting with the 5th largest cryptocurrency asset by market capitalization, an analyst known by the pseudonym Inmortal says 209,800 followers on social media platform Ethereum rose from a low of less than $90 in March 2020 to an all-time high of less than $5,000 recorded in November 2021. According to Inmortal, Solana could rise approximately 182% from current levels at its current price. If the fifth-largest cryptocurrency asset had reached Inmortal’s cycle high target, Solana would have recorded gains 60 times its December 2022 low. “The…
join us telegram A channel to stay up to date on breaking news coverage find Best Cryptocurrencies to Buy Now, it’s a never-ending task, with dozens of tokens being launched every day on CEX and DEX platforms. Cryptocurrency investors are becoming more optimistic as Bitcoin halving approaches. They are encouraged by developments that suggest a possible move toward a bull market. This optimism is especially evident in altcoin markets, where excitement and speculation are rising. As a result, many investors are actively looking for promising opportunities in the cryptocurrency space. Best Cryptocurrencies to Buy Now Among the numerous coins offering…
Bitcoin Dogs Enters Final 24 Hours Raising Over $11.5 Million – Chainwire housenewsroomBitcoin Dogs entered the final 24 hours having raised over $11.5 million. 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 explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or…
Ether.fi, Ethereum’s largest liquid resale protocol, has announced plans for an upcoming governance token airdrop.The token, called ETHFI, has a total token supply of 1 billion, with an initial circulating supply of 115.2 million. The first phase of the airdrop, called Season 1, releases 6% of the total token supply and covers action until March 15th. Season 2 will release 5% of the remaining tokens and cover action from March 15th until an unspecified date. The remaining tokens will be split between investors, partnerships, core contributors, and the protocol treasury according to the protocol’s tokenomics distribution. Ether.fi presented various criteria…
Solana is experiencing solid growth amidst the ongoing bull market that has spread throughout the cryptocurrency industry. In fact, Solana’s SOL token has emerged as one of the best-performing tokens, rising about 30% to around $190 over the past month. Solana’s DeFi Soars to All-Time Highs Solana’s decentralized finance (DeFi) ecosystem has flourished since the beginning of the year as the cryptocurrency market further expanded. Data from DeFiLlama illustrates this trend, showing a massive surge in activity on Solana-based decentralized exchanges (DEXs). In the past 24 hours, daily trading volume reached an all-time high of over $3.6 billion. This incredible…
Decima Fund, a specialized Web3 venture fund, announced that it has successfully closed capital raising of approximately 4.5 billion yen to support the global expansion of Japanese Web3 ventures. To boost Japan’s emerging Web3 industry, Decima GP Limited announced the successful closing of a financing round worth approximately 4.5 billion yen for Decima Fund, LP. This capital raising, completed on March 14, 2024, is a pivotal step in the Fund’s mission to incubate domestic projects targeting overseas markets and overseas projects aiming to enter Japan. Decima Fund, established with the vision of strengthening Japan’s position on the global stage, has…
XRP could fall to medium levels, another ~8% decline. Buyers have lost control over the past week. Ripple (XRP) showed resistance at the 7-month high of $0.71. This move and subsequent rejection occurred in much the same way as was noted in the AMBCrypto analysis a week ago. A look at on-chain indicators from earlier this week shows that accumulation is underway and investors are confident. However, the $0.7 level is still expected to loom large on the price chart. Market structure maintains a bullish bias. Source: XRP/USDT on TradingView According to XRP’s daily chart, market structure remains strong despite…