With more than 1 million tokens flowing into Coinbase, the price of SOL could fall to $93. If demand for SOL increases, the price could rise above $100. According to Whale Alert, two large transactions involving Solana (SOL) occurred on February 5th. First, 1.78 million SOL tokens were transferred to the Coinbase exchange. A few minutes later, another SOL round worth $11.43 million was transferred to the same exchange. đ¨ 119,597 #brush (11,436,478 USD) was transferred from . #Coinbase To an unknown new wallet https://t.co/k4ScR62UYh â Whale Alert (@whale_alert) February 5, 2024 Traders keep their expectations very low. If tokens…
Author: Crypto Flexs
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Having solidified his political legacy by effectively addressing the issue of gang violence in El Salvador, Nayib Bukele has not only secured an extraordinary second presidential mandate but has also propelled his New Idea Party to a resounding victory in the legislative realm. Bukele’s historic triumph in the presidential race saw him clinch an impressive 83% of the vote, a margin widely considered unprecedented, reaching as high as 76% in the context of open and free elections within modern democracies. During his campaign, Bukele had to temporarily step away from the presidency, having obtained a special permit to run as…
As the cryptocurrency market grows exponentially, new digital coins are constantly emerging, promising to revolutionize the way we think about money and investing. One of the coins that is causing a stir in the cryptocurrency community is ZCC Coin. If you are interested in the idea of ââinvesting in this new digital currency, you have come to the right place. In this article, we will reveal the secrets of ZCC Coin and explore why it could become the next cryptocurrency craze. What is ZCC Coin? ZCC Coin is a decentralized digital currency that aims to provide a secure, fast and…
Lista DAO Unveils Space Adventure Challenge and Rebrand through Strategic Push – Chainwire housenewsroomLista DAO Unveils Space Adventure Challenge and Rebranding Through Strategic Push We use cookies to make Chainwire’s website a better experience. 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access…
Ethereum (ETH) balances on several mainstream centralized exchanges, including Coinbase and Binance, have hit new lows. According to X’s Leon Waidmann, more than 7 million ETH were traded. withdrawn From April 2023. Are DeFi, NFTs or EigenLayer taking ETH away from exchanges? This decline signals net strength for the coin and could suggest that other on-chain activities, such as non-fungible token (NFT) issuance or decentralized finance (DeFi), are taking center stage. Ethereum price is trending sideways on daily chart | Source: ETHUSDT on Binance, TradingView Coincidentally, the decline also came amid an increase in âre-stakingâ enabled through protocols like EigenLayer.…
Magic Eden recently announced a partnership with Pudgy Penguins. This collaboration was announced through an official post on the Magic Eden website. The post read that the parties will work together to ensure the ecosystem remains collector- and creator-first. Below is a list of changes and projects the parties will work on together. The expertise of the pudgy penguin chunky penguin We’re not just NFT creators. This is the cornerstone of the NFT and Web3 communities. The company has broad interests and is committed to advancing blockchain and NFTs. Pudgy Penguins will help Magic Eden become an excellent marketplace for…
South Korean authorities took serious action against executives at Haru Invest, a cryptocurrency yield platform that had problems suspending withdrawals in June 2023. The Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Investigation Department announced the arrest of three key people linked to Haru. Invest. Those arrested included the CEO and two other executives, who were accused of embezzling 1.1 trillion won worth of cryptocurrency from 16,000 Invest customers per day.misappropriation chargeAccording to the prosecution’s claim, Haru Invest executives committed embezzlement by reinvesting most of the coins deposited by customers from March 2020 to June 2023. They are accused of…
The Spanish Ministry of Finance is implementing legislative reforms to increase monitoring of cryptocurrencies, enabling the seizure of digital assets to settle tax debts in accordance with EU regulations. The Spanish Ministry of Finance, under the leadership of MarĂa JesĂşs Montero, is taking important steps to strengthen control over cryptocurrencies in the country. The Department is actively working on legislative reform targeting general tax law, with a particular focus on Section 162. The goal of these reforms is to give the Spanish Revenue Authority the power to identify and seize cryptocurrency assets from taxpayers who owe unpaid taxes. The move…
Posted 1 minute ago In ~ Ethereum Name Service has partnered with domain registrar GoDaddy to allow users to connect their domain names to ENS, which aims to bridge the DNS protocol used by all traditional websites with blockchain-based names.This collaboration will bridge the gap between traditional DNS and blockchain technologies without requiring additional costs or technical expertise for users.Connecting your DNS with ENS will give GoDaddy’s more than 20 million users access to the benefits of the ENS blockchain infrastructure, such as receiving cryptocurrency payments.ENS is the most widely used naming protocol in cryptocurrency. This allows users to mirror…
According to CoinShares’ latest weekly report, cryptocurrency-related investment products saw a notable increase in inflows last week, totaling $708 million.This positive change reversed two consecutive weeks of outflows from the industry, bringing total year-to-date flows to an impressive $1.6 billion. Combined, global assets under management for these products have grown to $53 billion.âETP trading volume decreased to $8.2 billion compared to last weekâs total of $10.6 billion, but remains well above the 2023 weekly average of $1.5 billion. This volume represents 29% of all Bitcoin transactions on trusted exchanges. accounts,â added CoinShares research director James Butterfill.Bitcoin rulesBitcoin experienced significant inflows…