Brave Browser announced the launch of self-managed Basic Attention Token (BAT) payments and selected Solana blockchain for this initiative. Despite Solana struggling with recent network outages, Brave chose the platform, highlighting Solana’s high transaction speeds and low fees as key factors in its decision. Brave chose Solana for self-managed BAT rewards. This invitation-only launch will allow a select group of users to receive BAT earned from Brave Rewards directly to Solana’s self-custodial wallet address. This feature is expected to expand globally and transform the way users interact with web browsers and digital assets. “We’re excited to introduce this new feature…
Author: Crypto Flexs
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New spot cumulative trading volume Bitcoin BTC -1.25% Exchange-traded funds (ETFs) surpassed $50 billion on Thursday, six weeks after the U.S. Securities and Exchange Commission (SEC) began offering ETFs from BlackRock, Fidelity, Bitwise and others. Green light.According to The Block’s data dashboard, cumulative trading volume for spot Bitcoin ETFs increased from $28.3 billion at the beginning of the month to $50.5 billion at the close of trading yesterday, following several weeks of high volume exceeding $2.5 billion on Tuesday. It has increased thanks to this.Spot Bitcoin ETF trading volume on Thursday was $1.2 billion, led by BlackRock’s IBIT at $457.2…
Popular social media platform Reddit disclosed in a filing with the Securities and Exchange Commission (SEC) that it invested a portion of its excess cash reserves in Bitcoin. The social media giant disclosed this today as it filed to list its Class A common stock on the New York Stock Exchange under the symbol “RDDT” along with the filing.BREAKING NEWS: Reddit invested its excess cash reserves in: #Bitcoin — SEC filing pic.twitter.com/13IWr3QFvH— Bitcoin Magazine (@BitcoinMagazine) February 22, 2024 “We have invested some of our excess cash reserves in Bitcoin and Ethereum and have also acquired Ethereum and Matic as payment…
Ethereum All Core Developers Consensus Call #128 outlines the March 13, 2024 Electra upgrade, Dencun activation, compensation adjustments, and light client support improvements to drive network economics and continuous improvement. At a meeting on February 22, 2024, Ethereum’s core developers held the 128th ACDC (All Core Developers Consensus) meeting. The biweekly meeting, chaired by Ethereum Foundation researcher Danny Ryan, serves as a collaborative platform to discuss and plan changes to the network’s consensus layer. Electra Upgrade Schedule The centerpiece of the meeting was the Electra upgrade, a joint effort to improve Ethereum’s infrastructure. Three Ethereum Improvement Proposals (EIPs) have been…
Bitcoin, Ethereum, and other cryptocurrencies have been making waves in the financial world over the past few years. However, while these digital currencies have primarily been used for investing and trading, a new type of cryptocurrency is emerging that focuses on giving back to the community. Charity Coin is a revolutionary digital currency that will change the way we think about charitable giving and have a positive impact on the world. What are charity coins? Charity Coin is a decentralized cryptocurrency designed to be used for charitable donations and social impact projects. It is safe and transparent as it operates…
About $3.6 billion worth of Bitcoin options contracts on some of the largest derivatives exchanges are set to expire later today. What does the price of the biggest digital coin mean?Most of the options are with Deribit, which holds $95 million worth of contracts, and CME, which holds $1.6 billion worth of expiring contracts, according to Coinglass and CME data.In the world of derivatives, options allow traders to speculate on or hedge against the volatility of an asset. With Bitcoin options, traders purchase a contract to buy or sell an asset at a later date at an agreed upon price.This…
Bitcoin price is struggling to break above the $52,000 resistance level. BTC is now at risk of a downside breakout below the $50,500 support area. Bitcoin price is struggling to break the $52,000 resistance zone. The price is trading below $51,800 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a bearish flag forming with support at $51,120. A break below the $50,500 support could start a major downtrend for the currency pair. Bitcoin price is struggling below $52,000. Bitcoin price remained in a short-term negative zone below the $52,200 resistance…
Trader Ali Martinez said the leading Ethereum (ETH)-sized cryptocurrency project could see double-digit gains over the long term. Martinez says 46,800 followers on social media platform “Polygon shows promising signs over the long term. The general pattern appears to be a multi-year symmetrical triangle. If MATIC can hold a close above $0.96, it could signal the start of a bullish rally with a potential target of $1.73!” Source: Ali Martinez/X Polygon is trading at $0.977 at the time of this writing, up about 38% over the past four weeks. Switch to Bitcoin (BTC) as a cryptocurrency trader Called The behavior…
After a poor performance in January, Bitcoin gained momentum in February and rose about 22%, indicating aggressive buying by the bulls. The CoinShares Digital Asset Fund Flows Weekly Report shows $2.45 billion in weekly inflows into digital asset investment products last week. This brings total inflows year-to-date to $5.2 billion. Bigger whales with between 1,000 and 10,000 bitcoins in their wallets, according to data from market intelligence platform Santiment. purchased The value of Bitcoin in 2024 is $12.95 billion. However, during the same period, smaller whales with 100 to 1,000 Bitcoins in their wallets were sellers worth $7.89 billion. In…
DeFi • February 23, 2024, 4:39 AM EST Posted 1 minute ago In ~ Uniswap has launched the ‘uni.eth’ subdomain using the Ethereum Name Service infrastructure to allow users to translate complex hexadecimal Ethereum addresses into human-readable names.Users can request a uni.eth subdomain through the Uniswap mobile app, which provides one subdomain for free. The name change is designed to eliminate gas generation through off-chain resolver contracts.An ENS subdomain is a domain created under an existing ENS domain name and is typically used to manage multiple ENS identities, similar to subdomains for existing websites.Any ENS domain owner, such as uni.eth,…