Altcoins are sending mixed signals. Market analysts are focusing on poor performance. Optimism for an altcoin season breakout remains high. Bullish patterns in the cryptocurrency market typically follow those triggered by positive signals from Bitcoin (BTC) that spread to the broader asset class. But this time, the altcoin is struggling to gain any notable traction, having trouble keeping pace with Bitcoin’s recent surge. The sluggish trend has raised industry-wide questions about what is causing the delays, and market experts are weighing in. Why the altcoin season is later than expected CryptoQuant founder and CEO Joo Ki-Young Ju provided insight into…
Author: Crypto Flexs
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Louisa Crawford November 28, 2024 13:16 Binance announced the launch of Pyth Network (PYTH) on BNSOL Super Stake, giving users PYTH APR boost airdrop rewards when they stake SOL on BNSOL. Binance introduced Pyth Network (PYTH) to its BNSOL Super Stake platform, giving users the opportunity to win PYTH APR boost airdrop rewards. As reported by Binance, the plan is scheduled to run from December 2, 2024 to December 16, 2024. Details of BNSOL Super Stakes BNSOL Super Stake is a new product launched in collaboration with Pyth Network, an advanced oracle network. Users…
Japanese animation studio behind Dragon Ball wants to launch blockchain game Toei Animation, a Japanese animation studio famous for generation-connecting series such as Dragon Ball, One Piece, and Sailor Moon, is collaborating with Korean blockchain company Wemade to develop a blockchain game with the working title DenDenGarden. I did it. The game is based on Toei’s DenDekaDen intellectual property, released in 2022 in partnership with Japanese Web3 company Strata. DenDekaDen tells the story of seven Kyoto spirits striving to become gods. DenDenGarden concept. (Toei Animation) This partnership represents a broader trend of Japanese entertainment content integrating with blockchain through games…
One of the liveliest examples for the use of cryptocurrencies in gambling is Doge, a cryptocurrency derived from of a meme. The original purpose of Dogecoin was to entertain people by becoming a meme currency based on the popularity of cryptocurrencies.Nevertheless, it has proven to be quite valuable and niche among gamblers. This article goes through the details of how Dogecoin is slowly becoming the favorite cryptocurrency of the gamblers and traces the antecedents, allure, and reason to the current trend. But why is dogecoin becoming a gambler’s favourite? What makes it so attractive? Let’s uncover all the secrets.The Origin…
james ding November 28, 2024 13:54 Binance introduces PayDay, a global cryptocurrency shopping event offering up to $360 in PEPE rewards to eligible users. Shop with Binance Pay and enjoy exclusive benefits. Binance has unveiled Binance PayDay, a global cryptocurrency shopping event designed to reward users with up to $360 in PEPE for purchases made using Binance Pay. As reported by Binance.com, the campaign, which will run from November 28 to December 12, 2024, invites eligible participants to shop with selected merchants and earn exclusive rewards. Reward Details and Eligibility Users who purchase at…
Ethereum (ETH) co-founder Jeffrey Wilcke transferred 20,000 ETH, worth more than $72 million, to Kraken on November 28.His wallet still contains 106,006 ETH.Maartunn, community analyst at CryptoQuant, highlighted that this is Wilcke’s fourth ETH transfer to Kraken this year, exceeding $147 million. He first moved 4,300 ETH worth $10.6 million to the exchange on February 10th.Wilcke transferred 10,000 ETH worth $27.2 million to Kraken four days later. His third deposit was 10,000 ETH, equivalent to $37 million, on May 22nd.community surveyThe Ethereum Foundation (EF) and the Ethereum co-founders were subjected to a community survey this year. On August 23rd, EF…
TRON (TRX) blockchain founder Justin Sun is currently an advisor to World Liberty Financial (WLFI), a decentralized finance (DeFi) cryptocurrency project backed by US President-elect Donald Trump. WLFI said in a post on social media platform “Justin is the founder of TRONDAO, advisor to HTX_Global, and supporter of BitTorrent. The University of Pennsylvania graduate recently won a bid for his iconic banana artwork at Sotheby’s. TRON is one of the world’s top 10 cryptocurrencies and one of the largest public blockchains. Justin’s insight and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!”…
Bitcoin (BTC) briefly tested below $91,000 on November 26 before recovering to the $95,000 level. The two-day 5% rally signaled a decoupling from traditional markets, particularly U.S. Treasuries. This change contrasts with last week, when the price of Bitcoin closely tracked the yield on the two-year U.S. Treasury note.US 2-year maturity Treasury bond price vs. Bitcoin/USD. Source: TradingView/CointelegraphAs investors move away from the “risk” perception of Bitcoin due to its strict monetary policy and censorship resistance features, the chances of it reaching $100,000 before the end of the year increase. Given that some of the world’s largest economies are facing…
Ethereum is constantly evolving. In March 2024, a significant upgrade for scalability with the name Dencun was delivered. Its most famous change for improving L2 scalability is Proto-Danksharding using Blobs (EIP-4844). However, Ethereum core developers are already working on the next major upgrade called Pectra. What are the goals of the Pectra hardfork, and when can we expect it to be delivered? What is the view from a security perspective? What are the details of the improvements that it will bring? Let’s find out. Evolution of Pectra Since the Merge in 2022, Ethereum’s upgrades to the consensus layer (CL,…
The cryptocurrency market is abuzz with discussions about postponing the start of the altcoin season. While Bitcoin has surged due to institutional interest and demand for spot ETFs (exchange-traded funds), the altcoin market has remained relatively stagnant. Analysts and industry insiders are analyzing the factors behind these phenomena, uncovering the technical interplay of capital flows, investor behavior, and market events. Conflicting opinions on altcoin season delay Kiyoung Ki, CEO of CryptoQuant, argues that the current Bitcoin (BTC) rally is significantly different from previous cycles. In a detailed thread on X (formerly Twitter), he explained that the nature of capital flowing…