Ethereum-based altcoins that are currently seeing a high amount of activity from whales, according to on-chain data, include: This Ethereum altcoin is seeing high whale trading right now new post On X, on-chain analytics firm Santiment discussed how several Ethereum-based altcoins have recently witnessed notable whale activity. The indicator of relevance here is the “whale transaction count,” which tracks the total number of transfers taking place on the network for a particular cryptocurrency worth more than $100,000. It is generally assumed that transfers of this much value involve objects of this enormous size, as only whales can move such large…
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stc Bahrain and Lionscraft have formed a strategic partnership to jointly develop a framework for the upcoming Web3 digital transformation. The goal of this collaboration is to position stc Bahrain as a leading provider of Web3 framework solutions not only in Bahrain but across the wider Middle East region. This will facilitate the development and deployment of innovative Web3 solutions in the country. The collaborative effort took place within the Sandbox metaverse and showcased the innovative spirit of both organizations. The transaction additionally consisted of non-fungible tokens (NFTs) on the Avalanche network. Saad Odeh, Chief Wholesale Officer at stc Bahrain,…
Tether, one of the largest stablecoin companies, announced that it is collaborating with the government of Uzbekistan to develop cryptocurrency and telecommunications projects. The Memorandum of Understanding (MOU) signed between the two parties includes issuing a comprehensive cryptocurrency legal framework, developing independent communication and financial systems, and establishing cryptocurrency-related education programs. Tether signed a memorandum of understanding with (…). Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Do not invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something…
Posted 1 minute ago In ~ Coinbase stock entered near-forgotten territory on Friday as the stock price exceeded the company’s initial direct listing price of $250.It has been about two years since stock prices on the exchange traded at such a high level.Coinbase’s outlook has improved along with the cryptocurrency market. As the price of cryptocurrencies, especially Bitcoin, has risen over the past year, stock prices on US exchanges have also risen. Coinbase’s stock price is currently up more than 350% compared to $53.44 a year ago, according to Yahoo Finance.At one point on Friday, Coinbase was trading as high…
Since launching our first BitStarz Originals in 2022, we have released a total of nine games developed by our in-house team. But today we’ve added something special to the lineup. With previous BitStarz Originals, we aimed to distill what makes different types of casino games great into a simple format that delivers lightning-fast play. With the launch of the Book Bonanza slot, we are moving towards a feature-rich, fully realized casino game with an attractive theme. In the first release, the protagonist, raccoon archaeologist Tony Jones, travels to Egypt to find the Pharaoh’s lost treasure. Take a drive to Egypt…
Ethereum developers are getting closer to launching Dencun, but some experts are not confident that the upgrade will deliver on its promises. Days before Dencun was deployed to the Ethereum mainnet, two industry veterans offered differing opinions on the impact of this highly anticipated upgrade amid the soaring Ether (ETH) price. The hype and euphoria in the cryptocurrency market pushed ETH to a two-year high, with the cryptocurrency surpassing $4,000 for the first time since late 2021, the peak of the previous bull cycle. Core DAO, Wormhole Expert on Ethereum Upgrades Ethereum developers said Dencun will implement expanded data availability…
Welcome to the ultimate guide on how to achieve financial freedom with WMCoin, the revolutionary cryptocurrency that is changing the way we think about money. In this article, we will look at what WMCoin is, how it works, and how you can use it to achieve financial independence. From a basic understanding of cryptocurrency to advanced trading strategies, this guide contains everything you need to start your journey to financial freedom. What is WMCoin? WMCoin is a decentralized cryptocurrency created with the goal of providing a secure and efficient way to transfer value online. Unlike traditional currencies controlled by governments…
According to data from ultrasonic.money, the Ethereum network has seen its supply drop by 417,413 ETH since switching to a proof-of-stake (PoS) consensus mechanism in September 2022. In the 540 days following The Merge, 1,509,991 ETH was burned and the network minted 1,092,578 new ETH, a net decrease.As of press time, the market value of ETH removed from supply is $1,653,797,635, representing an annual inflation rate of -0.23%.Ethereum issued after The Merge (Source: ultrasonic.money)On the other hand, Bitcoin supply increased by 1.716% during the same period. This highlights the different monetary policies of the two largest cryptocurrencies, as Bitcoin maintains…
Due to the recent security incident, Arbitrum price immediately started to trend lower and is targeting the nearest support level of $1.70. A further plunge could push the price down to the second support level at $1.45. Nonetheless, neutral indicators of RSI and Stochastic Oscillator suggest balanced market sentiment. A retracement could occur soon as the 10-day SMA is hovering at $1.99. In the long term, this incident can be viewed as an opportunity. This event will allow Arbitrum to strengthen its security and increase investor confidence. The MACD signal suggests a buy and the 100-day SMA is $1.68, indicating…
Posted 1 minute ago In ~ Updated: March 8, 2024, 2:05 PM EST Grayscale and Coinbase held another round of talks with federal regulators this week, making progress on plans to launch an Ethereum spot exchange-traded fund. The companies on Wednesday attempted to allay concerns from the Securities and Exchange Commission (SEC) about the safety of a spot ether ETF that could expose investors to price fluctuations in the second-largest cryptocurrency by market capitalization. Grayscale is undergoing a failed conversion. Ethereum ETH +1.17% Trust in ETFs is a move that could further expand investor access to cryptocurrency-based investment options. Coinbase’s…