Author: Crypto Flexs

GTA Token Achieves Explosive Growth in Crypto Gaming Market – Chainwire housenewsroomGTA tokens have experienced explosive growth in the cryptocurrency gaming market. 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of…

Read More

Posted 1 minute ago In ~ Updated: March 4, 2024 4:27 PM EST MicroStrategy, a business intelligence company best known for its commitment to stockpile Bitcoin, saw its stock surge more than 23% on Monday as the price of the world’s most popular cryptocurrency by market capitalization surpassed $67,000. However, shortly after the market closed, it announced that it would seek to raise $600 million through convertible bonds. MicroStrategy’s stock was trading at $1,334.01 at market close, but immediately fell about $100 from that amount a minute after the company announced it would propose a $600 million private offering in…

Read More

Floki DAO Begins $24 Million Token Burn to Enhance Security Floki, a decentralized autonomous organization (DAO), announced that it has approved the burning of $24 million worth of tokens as a strategic move to strengthen its security measures. This decision, approved by the Floki community through a democratic voting process, means that over 190 billion Floki tokens will be retired, representing 2% of the total circulating supply. The token burn, scheduled to take place within the next seven days, aims to achieve two main goals: Enhanced Security Floki seeks to strengthen its long-term security posture by eliminating a significant portion…

Read More

Bernstein’s analysis shows that significant changes are taking place in the world of decentralized finance (DeFi), with six of the top ten revenue-generating protocols being DeFi applications. These include Uniswap, Aave, Maker, GMX, Synthetix, and Sushi. The author highlights how previous cycles in DeFi were characterized by unsustainable returns and eventually collapsed, with the Luna stablecoin being a prime example of this downfall. Stablecoins like Luna are cryptocurrencies typically pegged to a stable asset such as the U.S. dollar. DeFi, on the other hand, encompasses a wide range of financial applications in the cryptocurrency space that aims to disrupt traditional…

Read More

Bitcoin (BTC) ended the week at about $63,100, soaring 22% from the previous week’s closing price of about $51,725. This week saw particularly active price action in the first half of the year, with BTC seeing significant gains from Monday to Wednesday, peaking at $64,000 on Wednesday. The price then stabilized later in the week, closing around $63,100. As of this writing, BTC has regained momentum and is currently trading above $65,000. The BTC Spot ETF continues to see strong momentum, recording cumulative net inflows of approximately $1.7 billion last week, bringing total net inflows since inception to approximately $7.4…

Read More

The Securities and Exchange Commission is seeking to leverage recent court rulings on insider trading to strengthen its case against Coinbase.In a notice filed Monday with New York District Judge Katherine Polk Failla, the SEC said it wanted to notify the court of the default judgment issued on March 1. court It ruled that trading certain cryptocurrency assets in secondary markets, including cryptocurrency exchanges, are securities. The case involved Sameer Ramani, who was friends with former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi. Ishan and Nikhil Wahi agreement Last May, he was sued by the SEC for…

Read More

The grant team’s goal is to be a faithful steward of the Ethereum community’s resources. As part of the Ethereum Foundation’s ongoing effort to decentralize power across the community, we are providing grants that we believe will have the greatest impact on the Ethereum ecosystem over the long term. What is the scope of the EF grant? Open source! The funds will only be used for future work. Avoid playing favorites. We strive to ensure that no one team has an advantage over the other. Don’t subsidize the application layer. However, we believe that projects and teams working at the…

Read More

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. In cryptocurrency, Ethereum (ETH), Dogecoin (DOGE), and Kelexo (KLXO) continue to play a pivotal role. Dogecoin is riding a meme coin boom as Ethereum remains strong despite regulatory issues. Meanwhile, Kelexo plans to revolutionize decentralized finance with practical solutions. Is Ethereum ready for its next rally? Joe Lubin, one of the co-founders of Ethereum, recently expressed his excitement about the future of cryptocurrency. Seeing this as a building block for the next big cycle, he was optimistic. Lubin’s excitement…

Read More