The Ethereum Foundation stated that the highly anticipated Dencun upgrade has been “successfully activated on all testnets” and is scheduled to be deployed to mainnet by March 13th. According to the February 27 statement, it is 269568. According to the foundation, this upgrade will bring significant changes, including the introduction of temporary data blobs with EIP-4844. This is also known as “protodanksharding” and is expected to reduce the blockchain’s Layer 2 network transaction fees. Ethereum ‘coming of age’ Grayscale Investments believes that the Dencun upgrade represents the “maturity” of Ethereum as it will dramatically improve its competitiveness in terms of…
Author: Crypto Flexs
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Bitcoin price rose further towards $58,000. BTC is now consolidating gains and may soon attempt further gains towards $60,000 resistance. Bitcoin price is consolidating gains below the $57,500 resistance zone. The price is trading above $56,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a rising channel with resistance near $57,650. The pair could extend the current rally towards the $60,000 resistance area. Bitcoin Price Faces New Hurdle Bitcoin price continued its upward trend above the $55,000 resistance zone. BTC gained bullish momentum after breaking the resistance levels of $55,500…
join us telegram A channel to stay up to date on breaking news coverage Stacks price is up 25% in the last 24 hours. Traded at $3.1180 As of 5:10 a.m. EST, trading volume had increased 475% to $612 million. This comes as interest in layer 2 Bitcoin grows relative to interest in Bitcoin ordinal. Stacks acts as a layer 2 network for Bitcoin and offers features such as custom cryptocurrency issuance, liquid staking protocols, and decentralized exchanges. Stacks (STX) price outperforms the market as interest in layer 2 Bitcoin grows. STX, the native token of the Bitcoin-focused Stacks Layer…
February 27th Bitfinex Alpha | There are positive signs for BTC and ETH, but it may not be altcoin season yet. Posted at 15:17h On Bitfinex Alpha Posted by Tammy Bitcoin ETF inflows remained fairly strong, with net inflows of approximately $600 million, even during the short trading week. Demand for BTC is also surging on centralized exchanges. This follows a massive withdrawal of BTC from Coinbase, resulting in the platform’s lowest Bitcoin holdings since 2017. Redistributing withdrawn BTC to new wallets represents positive investor behavior, as seen in both cases. Coinbase Premium Index and Kimchi Premium Index. Ethereum (Ether)…
Boutique investment banking firm Benchmark initiated coverage of MicroStrategy, issuing a research report on Tuesday that included a Buy rating and a $990 stock price target.This forecast is based on the estimated year-end 2025 value of the company’s Bitcoin holdings and the estimated year-end 2025 value of its business intelligence software activities. In its price forecast, the benchmark assumed that the approval of several spot Bitcoin ETFs and the upcoming halving could act as a tailwind for Bitcoin price.“Our price target for MicroStrategy is based on the assumption that the Bitcoin price will reach $125,000 by the end of 2025,…
A new Senate bill, called the CBDC Anti-Surveillance State Act, proposes to severely limit the Federal Reserve’s involvement in CBDCs. A new Senate bill titled the “CBDC Anti-Surveillance State Act” has been introduced to amend the Federal Reserve Act in a move that could impact the future of U.S. digital currencies. The bill aims to prohibit the Federal Reserve from providing products or services directly to individuals, including issuing central bank digital currencies (CBDCs) for monetary policy purposes. Implications of the proposed law The bill proposed by Senator Cruz highlights growing concerns among U.S. lawmakers about privacy and the potential…
Mainnet blob is released.oO: Two years after ETHDenver was launched, after dozens of test calls and development nets, protodanksharding has finally been released on mainnet!Dencun will be activated on the Ethereum mainnet in epoch. 269568, which will occur on March 13, 2024 at 13:55 UTC. Node operators and stakers must upgrade their software to the releases listed in this announcement.Subscribe to receive email notifications of future network upgrade announcements. here. Dencun network upgrade has been successfully activated on all testnets. It is now set to be deployed on the Ethereum mainnet and will be active on the network in epoch.…
The prevalence of cryptocurrency investment and financial fraud poses significant hardships to victims, who are often unable to recover their defrauded assets even after the case is resolved. Taiwan’s Criminal Investigation Bureau (CIB), the Judicial Reform Foundation (JRF), and blockchain-based financial institution XREX have partnered to successfully crack down on cryptocurrency fraud cases, marking a landmark legal milestone in Taiwan’s judicial history. XREX’s Anti-Money Laundering (AML) and Information Security Department uses advanced blockchain intelligence tools and on-chain tracking technology to demonstrate illicit financial flows and the owners of cryptocurrency assets, even when there are no identifiable suspects or defendants, thereby…
HOdlcoin is a relatively new cryptocurrency that aims to provide users with a secure and decentralized way to store and grow their wealth. With unique features and strong community support, HOdlcoin has the potential to become a valuable asset in the world of digital currencies. In this guide, we’ll look at HOdlcoin’s key features and how investors can utilize HOdlcoin’s full potential. What is HOdlcoin? HOdlcoin is a cryptocurrency launched in 2016 with the goal of providing a secure and decentralized alternative to the traditional banking system. It utilizes a proof-of-stake algorithm to secure the network and allow users to…
OKX, the second largest global cryptocurrency exchange, announced the launch of OKX TR, a platform exclusively for Turkish users. The platform features fiat onramp functionality using the Turkish Lira, supported through cooperation with local banks such as Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank and Türkiye Finans.Cryptocurrency pairing and wallet accessibilityOKX TR will offer major cryptocurrency pairings against the Turkish Lira, including Tether (USDT), Bitcoin (BTC), and Ethereum (ETH), along with “sophisticated cryptocurrency capabilities.” Turkish users will also have access to OKX Wallet, a non-custodial Web3 wallet provided by OKX Global, allowing the use of non-fungible tokens (NFTs) and decentralized…