Two prominent crypto analysts have predicted that the Ethereum (ETH) price will experience positive momentum this year, highlighting several points about Ethereum’s onboarding funnel. Amid various speculative price fluctuations in Ethereum, there is a possibility that approval of an Ethereum spot exchange-traded fund (ETF) will become visible before the middle of this year. These Ethereum Features Could Drive the Price Up In a recent post on X (formerly Twitter), Vance Spencer, co-founder of cryptocurrency venture firm Framework Ventures, argued that layer 2 solutions integrated into the Ethereum platform will make it difficult for other blockchains to compete this year. “It…
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Polygon saw an increase in stablecoin market capitalization. MATIC fell further below the RSI neutral line. Polygon (MATIC) has seen a notable increase in its stablecoin market capitalization. How has this affected other indicators and the overall trend in MATIC? Polygon sees the rise of stablecoins. Examination of DefiLlama’s Polygon stablecoin market capitalization indicator reveals an interesting trend. This chart shows a notable increase in the network’s stablecoin market capitalization, hitting the highest trading volume observed in the past six months. At the time of this writing, the stablecoin market capitalization was approximately $1.4 billion. Source: DefiLlama Further analysis of…
join us telegram A channel to stay up to date on breaking news coverage InsideBitcoins continues to provide insights into cryptocurrencies that could see significant growth based on recent price performance. The cryptocurrency of choice offers growth opportunities, giving investors a unique opportunity to explore options that could potentially yield significant returns on their investment. Next Cryptocurrency to Explode Maker boasts high liquidity, as evidenced by its market capitalization, making it an attractive choice for investors seeking stability and growth. Helium (HNT) also rose last week from $5.94 on January 23rd to $7.89 on January 29th, an impressive 32.5% gain.…
Cryptocurrency has become a hot topic in the financial world, with many investors looking for the next big thing. Xcash is a new cryptocurrency that is attracting attention for its unique features and growth potential. In this article, we’ll find the ultimate guide to Xcash, exploring what it is, how it works, and why it’s gaining popularity. What is Xcash? Xcash is a digital currency that uses blockchain technology to secure and verify transactions. It is designed to be fast, secure, and private, making it an attractive option for individuals and businesses looking for a trusted form of digital currency.…
XRP Ledger, created by Ripple Labs Inc., is an open-source blockchain technology and digital asset. This means that developers can contribute to its development and enhance its functionality. XRP serves as the native cryptocurrency of the XRP Ledger and is the commonly recognized name for it. The XRP Ledger is purposefully designed to enable swift, cost-effective, and secure transactions. It functions as a distributed ledger, where transaction records are stored across a network of validators, which are participating computers, ensuring the integrity of the ledger. XRP has garnered significant recognition for its ability to facilitate expeditious and streamlined cross-border payments.…
George Town, Cayman Islands, February 4, 2024, Chainwire The VGX Foundation, a Cayman Islands-based foundation company, today announced that it is collaborating with Gala Games to integrate VGX, a token previously used by now-defunct cryptocurrency brokerage Voyager Digital, into VGX-only gaming titles. This integration will be the basis for reward tokens used to earn in-game items and unlock engagement opportunities. Following the 2022 collapse and subsequent bankruptcy filing and Voyager Digital’s liquidation in January 2023, the company’s assets were sold or liquidated. Although the VGX Foundation has not acquired any VGX tokens, there are currently over 278 million VGX tokens…
According to the U.S. Department of Justice, two high-ranking officials from the Paterson Unified School District in New Jersey have been indicted on charges of operating a cryptocurrency mining farm on school grounds. abuse of power, public resources Deputy Superintendent Jeffrey Menge and IT Director Eric Drabert were accused of utilizing school property and electricity to mine cryptocurrency for personal gain. The Justice Department alleges that the use of advanced graphics cards and other local resources potentially significantly increased electricity costs. This raises serious concerns about the conduct of civil servants and the potential for abuse of their positions. The…
Special thanks to Sacha Yves Saint-Leger and Danny Ryan for their reviews. At the core of all proof-of-stake systems is a signature scheme. The signature is used to verify the identity of each validator and is therefore attributed to both good and bad behavior. Verifiers can verify honesty by looking at the signed messages, and can prove malice by marking messages that violate consensus rules. In fact, in eth2, the identity of the validator is is Their public key. Specifically, each validator has two sets of keys: a signing key and a withdrawal key. signing key all signing key This…
Binance, a leading cryptocurrency exchange, froze $4.2 million worth of XRP tokens in connection with the theft of over $112 million from Ripple co-founder Chris Larsen this week. Binance has pledged ongoing support to track down the missing funds, although this is only a small fraction of the amount misused. TLDR Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP tokens linked to the $120 million hack of Ripple co-founder Chris Larsen’s personal wallet. Binance is working with Ripple to monitor external wallets that still hold most of the stolen funds in case more funds are deposited into Binance.…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Traditional investment advisors often express concerns about high volatility when investing in cryptocurrencies. While XRP and Dogecoin (DOGE) often suffer from this, investors can diversify their portfolios with Kelexo (KLXO). Dogecoin and XRP under pressure Dogecoin has been on a downward trend over the past year. Meme coins like Dogecoin may be fun and trendy, but they have no substance. Elon Musk’s support for DOGE pumping prices. He has been less vocal in recent days, reducing his gains. Meanwhile,…