Solana recovered back above $100 after the FUD from the previous outage, which led to the formation of a bottom for the cryptocurrency. Solana’s social dominance surged early as FUD hit the market According to data from on-chain analytics firm st tly, Solana’s social dominance observed a sharp rise shortly before. “Social Dominance” is a metric based on another metric called “Social Volume”. Social volume tracks the total amount of discussion about a topic or term (in this case, terms related to Solana) across major social media platforms. The metric measures this by counting the total number of posts/threads/messages on…
Author: Crypto Flexs
Read More
As the cryptocurrency world continues to evolve, more and more digital currencies are appearing on the market. Bitcoin and Ethereum remain the most well-known and widely used cryptocurrencies, but there are many other digital coins that have the potential to become the next big asset in finance. One such cryptocurrency is Gulden. The Rise of Gulden Gulden is a relatively new digital currency that was launched in 2014. Despite its recent launch, Gulden has gained popularity among cryptocurrency enthusiasts due to its unique features and potential for mainstream adoption. The currency is based on decentralized blockchain technology, ensuring a secure…
Posted 1 minute ago In ~ Core Ethereum developers have agreed on a specific time to deploy the Dencun upgrade.Dencun will be activated in slot number 8626176, According to Tim Bayko of the Ethereum Foundation. The slot number is currently estimated to occur on March 13th at 8:55 AM ET.Incorporating the much-anticipated proto-danksharding functionality via EIP-4844, the Dencun upgrade introduces Blob transactions and ephemeral storage, among other technical improvements.EIP-4844 aims to integrate off-chain “data chunks” so that more data can be included in Ethereum transactions without affecting block processing times.Blob was designed to allow Ethereum to better support layer 2…
Prometheum, an “alternative” trading platform for cryptocurrency “securities” assets, recently announced the launch of its custodial service for Ethereum (ETH). This move has important implications for its legal status. second largest cryptocurrency Based on market capitalization. Fortune Magazine reported that the company’s strategy is to force regulators, particularly the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. The SEC has come under pressure to establish the legal status of Ethereum. according to the report, PrometheumNew York-based has positioned itself as a compliant player in the cryptocurrency industry by claiming to have found a way to operate within…
U.S. Treasury Secretary Janet Yellen testified before the House Financial Services Committee. Topics such as cybersecurity risks, coordination efforts between regulators, the role of AI in the financial sector, and cryptocurrency regulation were discussed. Stablecoins played a central role in the hearing, with Yellen emphasizing that lawmakers should pass regulations specifically tailored to the industry. In her opening remarks, Yellen emphasized the importance of strengthening existing regulations on cryptocurrency assets and stablecoins while urging lawmakers to take action. The secretary also cited the “proliferation of platforms behaving in compliance,” the risks of cryptocurrency/stablecoin platforms, and the volatility of cryptocurrencies as…
A panel of experts surveyed by comparison platform Finder predicted that the price of Bitcoin would rise above $77,000 by the end of 2024. Additionally, most experts believe that it is a good time to buy cryptocurrencies at current prices. Finder’s experts share their Bitcoin price prediction Finder, an independent comparison platform (…) 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 goes wrong.advertising Read full disclaimer like…
Tom DunleavyPartner and Chief Investment Officer at MV Capital recently detailed the reasons for his price predictions for Bitcoin and Cardano. As part of his predictions, the cryptocurrency analyst had the following results at the beginning of the year: decided That Bitcoin is We’ll reach $100,000 soon. Why Bitcoin Rising to $100,000 to interview Dunleavy commented with Scott Melker: bitcoin halving This is why he believes Bitcoin will reach $100,000. Interestingly, he said this forecast is “a little bit light” if you consider numbers from past halvings. He noted that the price of Bitcoin typically increases at least four times…
The cryptocurrency market has undergone significant changes, breaking down barriers and challenging the traditional financial space. Bitcoin, the pioneer of decentralized digital currencies, paved the way for many altcoins and tokens, each with their own unique features and use cases. The market capitalization of cryptocurrencies has expanded significantly, reflecting the growing acceptance of digital assets among investors and institutions.What sets the cryptocurrency market apart is its unique dynamics. Unlike traditional financial markets, the cryptocurrency space operates 24/7, fostering a constant flow of innovation, market activity, and technological advancements. Projects and tokens emerge, develop, and sometimes disappear in a rapidly changing…
Bitcoin price is rising above the $45,500 resistance level. BTC has tested $46,000 and could extend its uptrend towards $48,000 resistance. Bitcoin price rose above the resistance levels of $44,500 and $45,000. The price is trading above $45,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a key connecting bullish trendline forming through support at $45,480. A break above the $46,000 resistance area could continue the rise. Bitcoin price rises 5% Bitcoin price began to rise steadily above the $43,500 resistance zone. BTC cleared several hurdles near the…
The NBA is facing a $4.2 billion class action lawsuit over alleged negligence in its marketing partnership with Voyager Digital, which focused on unregistered securities and cryptocurrency celebrity endorsements. The National Basketball Association (NBA) is currently engaged in a major legal battle, including filing a class action lawsuit over its partnership with the bankrupt cryptocurrency exchange Voyager Digital. The suit, which seeks damages in excess of $4.2 billion, accuses the NBA of negligence in Voyager’s promotional efforts, which included a marketing relationship with Mark Cuban, the former owner of the Dallas Mavericks. The plaintiffs claim that the NBA’s approval effectively…