A few weeks ago in October, much of the Ethereum community came together in South America as we reunited for Devcon VI in Bogotá, Colombia! Today we want to say Thank You(!) to every attendee, volunteer, and contributor that made Devcon VI a success. In this blog post, we will recap the highlights of an incredibly fun event, and reminisce about Community Hubs, the Road to Devcon, insightful talks and panels, beautifully designed presenter rooms, and much more. Watch the Recap Video to refresh your memory and enjoy the Devcon VI vibe! What Devcon is all about For those that…
Author: Crypto Flexs
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Cryptocurrency analyst Egrag It provided insight into the current market situation of XRP price from a technical analysis perspective. He highlighted the significant level of support for crypto tokens and also reaffirmed his optimistic predictions For XRP When Bull Run Returns. XRP could rise to $2 from this support level. in post Egrag noted on his X (formerly Twitter) platform that XRP could rise to $2 if it reaches the $1.2 support level. He shared the attached chart to support his claim. On the chart, he noted that it is “interesting” that XRP has yet to close a monthly candle…
On-chain data shows an increasing trend of Bitcoin moving to exchanges, which is a classic bearish sign, but another signal remains bullish. Although Bitcoin exchange inflows increased, USDT deposits also increased. According to data from on-chain analytics firm st tly, Recently, BTC has been flowing into exchanges. The relevant metric here is “exchange supply,” which tracks the percentage of the total circulating supply of a cryptocurrency that is currently in wallets on all centralized exchanges.advertising A rising value of this metric means investors are net depositing assets into the platform, while a falling value means outflows are occurring.…
After a year of hardship and foresight, the Solana (SOL) ecosystem has seen a remarkable resurgence. The expansion of the NFT space on the Solana network is one of the factors driving this new trend.Solana NFT surges!Over 11,000 new wallet addresses have been created in the past two days with daily purchases of SOLANA NFTs. The same performance should be mentioned as a major breakthrough, reaching almost 100% of the all-time high of recorded unique ETH NFT purchase wallets. The number of wallets purchasing unique Solana NFTs is outnumbering ETH, meaning demand for NFTs on the Solana blockchain is growing.…
Market • December 12, 2023 2:33 PM EST Posted 1 minute ago In ~ In less than 30 minutes, the price of Marinade Finance’s Solana-based liquid staking derivative m skyrocketed. brush -2.55% It fell like a rock on Tuesday.The mSOL token fell below $67 at 12:35 PM ET after trading at around $77 just a few minutes ago, according to The Block pricing data. Overall, mSOL bounced back quickly after falling as much as 18% on Tuesday, soaring above $77 as of 1:57 PM ET.One large holder, or whale, appears to have driven the sharp decline by exchanging more than…
reporter Posted on: December 12, 2023 Last year, more than $7 trillion in transactions were settled through stablecoins. Recently, the circulating supply of ERC-20 stablecoins has increased significantly. Slowly but surely, stablecoins are emerging as a viable medium of exchange globally. According to a recent report from USD Coin (USDC) issuer Circle, more than $7 trillion in transactions were settled using stablecoins last year. This is a significant milestone compared to payments giants Visa and Mastercard’s combined $14 trillion in global payments. Refocus on stablecoins Unlike some other volatile cryptocurrencies, stablecoins are tightly tied to native fiat currencies, especially the…
Ever since the infamous Taproot Wizard 4mb block Bitcoin miners have been fighting to block the inscription. The inscription is clearly It’s bad for Bitcoin, but the way Bitcoin miners are trying to stop it will be much worse than the damage the inscription could cause.Inscriptions work by using tricks in Bitcoin Script to insert images or other data into the Bitcoin blockchain. They essentially put data into an unreachable block of code followed by actual spending terms so that users can claim the ordinal/NFT. This is a very ingenious trick, but it breaks many of the assumptions many Bitcoin…
KuCoin, a cryptocurrency exchange based in Seychelles It was agreed to cease all operations. Paid more than $22 million for settlement in New York Litigation with New York Attorney General It concerns the illegal sale of unregistered securities and products.The company now reportedly owes New York-based KuCoin users $16.7 million worth of refunds for cryptocurrency transactions and an additional $5.3 million to the Attorney General’s Office, according to legal filings. KuCoin also acknowledged under the settlement that it operates a cryptocurrency exchange that allows users to buy or sell cryptocurrencies that are “securities or instruments as defined under New York…
Chainwire, Stockholm, Sweden, December 12, 2023 Chromia’s Appnet continues to grow as My Neighbor Alice, a fully on-chain game, enters Alpha Season 4. Chromia, a relational blockchain platform designed for decentralized applications, has migrated its fully on-chain game, My Neighbor Alice, to a shared appnet, coinciding with the announcement of Alpha Season 4 of My Neighbor Alice. Chromia’s Appnet provides a closed beta environment for decentralized applications (dapps) to leverage real-world assets, build a user base, and demonstrate the platform’s technical potential. Appnet has shown steady growth and expansion since launching online services in October 2023. We are already working…
The cryptocurrency market is always full of surprises, and recent trends are no exception. On Monday, December 11, Bitcoin and its altcoin peers took a step back from impressive 20-month highs. However, despite this slight pullback, prices are still dancing near the peak of the recent surge. These stability concerns have everyone’s eyes fixed on the upcoming Federal Reserve decision, which could spark a whole new wave of enthusiasm among investors. Speaking of waves, altcoins have been riding a pretty big wave recently. Excluding Bitcoin, the total market value jumped from $526 billion in September 2023 to a whopping $622…