According to a report from blockchain research firm Chainalytic, Chinese cryptocurrency investors have defied government regulations and emerged as the fourth-largest revenue earner globally by 2023. Despite the government’s strict stance on cryptocurrency-related activities, Chinese investors have amassed an impressive $1.15 billion in profits, contributing to global cryptocurrency profits of nearly $38 billion. The resurgence marks a significant recovery from previous year’s losses and highlights continued interest in virtual assets in China. Source: Chainalysis China’s Cryptocurrency Resilience Considering China’s strict regulations and bans on cryptocurrency trading and mining, China’s performance in the cryptocurrency market is notable. The success of Chinese…
Author: Crypto Flexs
Solana It’s done recently surged againIt’s up 38% this week alone, breaking $200 for the first time since 2021 and soaring. A price of less than $10 was reached in late 2022. If you want to fill your wallet with more Solana, why not earn more money through games?many Play to Earn Games It is based on Solana and rewards players with SOL itself or other tokens within the Solana ecosystem. These tokens can be exchanged for SOL on exchanges. In some examples below NFT You can earn in-game revenue, but it may be worth it if you plan on…
join us telegram A channel to stay up to date on breaking news coverage Binance has denied any involvement in the massive pre-listing trading of Book of Meme (BOME) amid insider trading allegations on social media. The world’s largest cryptocurrency exchange said it “immediately” launched an internal investigation after receiving information about the transaction. “After inspection, we found that the user was not a Binance employee,” it said on March 18. post “We are currently offering a reward of between $100,000 and $5 million to any user who reports fact-listing-related or other fraudulent activity.” Large BOME Purchase Marked by On-Chain…
Online slots games are not just about spinning the reels and chasing wins. It’s an immersive experience that takes players on a virtual journey through a variety of themes and settings. These themes shape the overall gaming experience and play an important role in capturing players’ imagination and keeping them engaged. Let’s take a closer look at some of the most popular themes in online slots games and see what makes them so attractive to players.Historical Topics: A Journey Through the PastHistorical Topics Online slot The game transports players to different periods of history, allowing them to experience the sights…
Posted 1 minute ago In ~ Binance, a leading cryptocurrency exchange, has surpassed $100 billion in assets held on behalf of its users. Binance claims to hold all user assets at a 1:1 ratio, with additional reserves verifiable using the Proof of Reserves (POR) system for 31 supported digital assets. Although useful, many have criticized these transparency measures by cryptocurrency exchanges because they fail to disclose audited fiat holdings, customer and company debt, and other information to assess a company’s financial health.Binance’s latest POR snapshot from early March shows that reserves are already close to that figure. The combination of…
Shiba Inu (SHIB), a popular Ethereum-based cryptocurrency, has seen significant gains, strengthening the interest of cryptocurrency enthusiasts around the world. The nearly 10% surge in prices on Monday was attributed to a wave of market optimism and coincided with a significant burn surge revealed by Shibburn, a burn tracker for meme coins. The recent rise of meme coins can be attributed to a variety of factors. First, as market sentiment and excitement surrounding meme coins grew, they attracted the attention of investors looking for high-risk, high-reward opportunities. Additionally, social media platforms, viral marketing, and endorsements from celebrities and influencers have…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. The new Fezoo Coin (FEZ) features are already appealing to many cryptocurrency investors. Despite being in the pre-sale stage, Fezoo is attracting investors away from traditional choices such as Ripple (XRP) and Cardano (ADA). Analysts believe that Fezoo will achieve significant success in the market. Let’s take a look at Ripple, Cardano and their recent market chart trends as well as Fezoo. Ripple continues to decline Ripple has been a prominent name in the cryptocurrency market. It is one…
The launch of SLERF comes on the back of an ongoing narrative that has seen developers raise millions of dollars, typically with SOL tokens, by promising meme coin airdrops. Some on-chain observers estimate that more than $100 million worth of tokens were transferred to the pre-sale over the weekend. This frenzy has contributed to the price of SOL exceeding $200 for the first time since November 2021.
Solana is gaining bullish momentum above $200. SOL price is still showing positive signs and may break above the $220 resistance level in the near term. SOL price gained bullish momentum and cleared the $200 resistance level against the US dollar. The price is currently trading above $200 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, there is a bullish trend line connecting with support at $195 (data source from Kraken). If it breaks the $205 and $212 resistance levels, the pair could continue to rise. Solana price rally extends The price of…
The latest CoinShares report highlights a record week with $2.9 billion inflows into the digital asset, establishing Bitcoin as the market leader. Digital asset markets have experienced a momentous week, according to the latest CoinShares Research Blog’s Volume 174: Digital Asset Fund Flows Weekly Report. The sector’s investment products received unprecedented weekly inflows of $2.9 billion, surpassing the previous high of $2.7 billion. The surge pushed annual inflows to $13.2 billion, surpassing the $10.6 billion inflows for all of 2021. A closer look at the report reveals that Bitcoin remains the dominant force in the cryptocurrency market, with inflows totaling…