The cryptocurrency market saw a major change in momentum on February 23 when Uniswap’s native token, UNI, soared by a whopping 71%. The surge marks the token’s highest price since March 2022, shocking the cryptocurrency landscape and reigniting interest in the decentralized finance (DeFi) sector. Source: Coingecko Uniswap proposes a fee-sharing festival for stakers The main catalyst for this astronomical rise appears to be a pivotal offering unveiled by the Uniswap Foundation. This proposal advocates the implementation of a new fee sharing mechanism that fundamentally changes the utility of the token and encourages long-term participation within the Uniswap ecosystem. UNI…
Author: Crypto Flexs
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A cryptocurrency strategist who follows closely believes that Ethereum (ETH) rival Solana (SOL) is poised for an explosive rally. Pseudonym analyst Inmortal says Solana could rise more than 340% from its current value by 2025, according to its 206,500 followers on social media platform He believes that SOL could go parabolic, similar to how ETH reached all-time highs in 2021. “ETH rose from $80 to $4,500 in 2021. SOL will rise from $8 to $450 in 2025.” But the merchant predict In the short term, ETH will outperform SOL. “Just say it out loud. ETH has a good chance of…
join us telegram A channel to stay up to date on breaking news coverage The global NFT (Non-Fungible Token) market showed an increasing trend in transaction volume, showing a steady increase in the second week of February. In this article, we have listed some of the best-selling NFT collections in the third week of February. Source: CoinGecko.com, Top Selling NFTs. 1. Boring Monkey Yacht Club NFT Collection Bored Ape Yacht Club, an NFT collection from digital asset incubation studio Yuga Labs featuring a limited trading volume of 10,000 NFTs hosted on the Ethereum blockchain network, is the best-selling NFT collection…
Xerxes was a Persian leader who sacked Athens and enriched the powerful Greek Empire. But he is not undefeated. Ultimately, the Greek army counterattacked and saw Xerxes flee Europe and ultimately give up his conquest ambitions. He was eventually assassinated by his own bodyguard. If you’ll forgive the title’s historical inaccuracies, there may still be something to Play’n GO’s Undefeated Xerxes slot. welcome to persia The slot features two different wild symbols. The red Spartan Warrior wild is a standard wild that replaces all other symbols to complete a winning combination. The green Spartan Warrior wild is a multiplier wild…
According to The Block Research, the total amount ever invested in cryptocurrency and blockchain-related companies has exceeded $90 billion.So far this month, more than 50 deals have helped fund projects, topping $90 billion, according to data from The Block Research, which has been tracking capital flows into the relatively new sector since 2017. “Observing the current state of venture funding in the blockchain sector, it is clear that although there has not been a significant increase in funding figures, there are encouraging signs,” said John Dantoni, Head of Block Research.Block Research divides the new funding announcements into distinct categories: web3,…
According to Bloomberg, Omaha, Nebraska-based Carson Group is offering a 4-string Bitcoin (BTC) ETF to its clients. The investment firm has included top candidates such as BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and Franklin Bitcoin ETF in the investment products it offers to its clients. Grant Engelbart, vice president and investment strategist at the Carson Group, explained the inclusion criteria, pointing to significant assets and robust trading volume as key rationales for selecting products from frontrunners BlackRock and Fidelity. The $6.6 billion-asset BlackRock iShares Bitcoin Trust (IBIT) and the $4.8 billion-asset Fidelity’s Wise Origin…
Polygon (MATIC), a top layer 2 scaling solution in the cryptocurrency space, performed well in 2021 but faced delays in implementing zero-knowledge rollups for faster transactions and lower costs. Despite the setback, there are signs that Polygon (MATIC) may be gearing up for another significant price surge, as evidenced by the consolidation pattern on the price chart. Polygon (MATIC) The platform’s ongoing development efforts to enhance scaling solutions such as zkEVM and AggLayer suggest optimism about future adoption and interoperability, although issues such as team churn persist. Amid these developments, changes in the broader cryptocurrency market, including the upcoming Ethereum…
Avalanche blamed the problem on code-related bugs rather than performance handling. The outage gave AVAX a negative reputation. Less than three weeks after Solana (SOL)’s network outage, another popular smart contract blockchain went down. Avalanche falls asleep The Avalanche (AVAX) native network halted block production for nearly five and a half hours on February 23, disrupting transaction flow. According to the blockchain status page, Avalanche developers acknowledged that trading was halted around 11:30 a.m. UTC. Kevin Sekniqi, co-founder of Ava Labs, the creator of Avalanche, first attributed the outage to a “new wave of inscriptions” before confirming that the problem…
The Nigerian government is at a crossroads regarding its stance on the cryptocurrency industry, leaving the community confused and uncertain about its regulatory intentions. Nathaniel Luz, co-founder and chief marketing officer of Flincap, a local cryptocurrency over-the-counter (OTC) exchange, called for clarity from authorities to ease confusion and create a conducive environment for cryptocurrency innovation.Mixed signals and access issuesRecent reports of Nigerian cryptocurrency users facing access issues to popular exchanges such as Binance and OctaFX have raised concerns within the community. Speculation is rampant that the government may ban cryptocurrency platforms, further exacerbating uncertainty about the regulatory environment.Blame Game and…
Cryptocurrencies have taken the world by storm in recent years, and more and more people are looking to invest in these digital currencies. One cryptocurrency that is gaining popularity is Song Coin. In this guide, we’ll take a closer look at Song Coin, how to invest in it, and why it could be the key to cryptocurrency success. What is Songcoin? Songcoin is a decentralized cryptocurrency designed specifically for the music industry. This allows musicians, music creators, and fans to communicate with each other in a more direct and transparent way. Song Coin’s goal is to revolutionize the music industry…