Solana (SOL) has experienced many price corrections over the past month. It’s down more than 20% in the last two weeks of writing. Despite exceeding $123 in December 2023; After rising 570% between January and December, SOL continued to trade below $100 in 2024. This is much lower than the previous expected rise, which was expected to be $140 or $130 by mid-January 2024. Despite the challenges faced by Solana and other major cryptocurrencies, some low-cost SOL alternatives have performed well. Establish yourself in different niches. One of the coins that is receiving a lot of attention is PAMBO. Experts…
Author: Crypto Flexs
Read More
PYTH’s social metrics soared after Binance announced this news. Several market indicators suggested the price decline could continue. PYTH Network (PYTH) It has recently been in the spotlight thanks to being the world’s largest cryptocurrency exchange. The biggest news is that Binance announced plans to list PYTH on its exchange. These episodes have sparked excitement among cryptocurrency investors, as they often lead to bull markets. Will Binance Help Pyth? According to the official announcement, PYTH will begin trading on Binance on February 3rd at 12 UTC. It is traded in the following pairs: PYTH/BTC, PYTH/USDT, PYTH/FDUSD and PYTH/TRY. #Binance will…
Thailand’s Securities and Exchange Commission (SEC) has ordered Zipmex to temporarily suspend its operations as a digital asset trading and brokerage platform. The directive comes as the market regulator required the beleaguered cryptocurrency exchange to improve its financial position as well as make some changes to its management structure. Zipmex faces a 15-day countdown to achieve compliance. The SEC announced in a statement on February 2 that it was temporarily barring Zipmex’s operations for failure to comply with regulatory standards. The Securities Supervisory Service previously announced on January 12 that it had issued an order to the exchange requiring management…
Valkyrie has added BitGo as the custodian of its spot Bitcoin exchange-traded fund, according to a regulatory filing posted on Thursday. Valkyrie said it still plans to retain Coinbase Trust Company as custodian. “We expect that backers will utilize the custody services of Coinbase and BitGo to store the Trust’s bitcoins,” Valkyrie said.Among the spot Bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC), many have Coinbase as custodian, including BlackRock, Bitwise, and Ark21. Hashdex Spot Bitcoin ETF, which was also approved last month, was listed. bit go As a janitor. In a post on X, formerly known…
OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations until February 14, 2024 due to regulatory concerns and financial penalties. OPNX, cryptocurrency exchange The insolvency claims platform co-founded by the individuals behind bankrupt hedge fund Three Arrows Capital (3AC) has announced that it will cease operations and close by February 14, 2024. The announcement came after the platform advised users to come to terms with their positions. You must ensure that all funds are withdrawn by February 14th by February 7th, after which withdrawals will be disabled. This decision marks the end of OPNX’s operations to facilitate trading…
In recent years, cryptocurrencies have become increasingly popular as an alternative to traditional forms of money. With the emergence of Bitcoin and other digital currencies, many people are now looking to the future of cryptocurrency and how it will continue to evolve. One cryptocurrency that is making waves in the industry is UltraCoin. UltraCoin is a decentralized digital currency that aims to provide a safe and efficient way to transfer money globally. With innovative technology and strong security measures, UltraCoin will revolutionize the world of cryptocurrency. Ultracoin Features UltraCoin offers a variety of features that set it apart from other…
*This is part 1 series It’s a place where anyone can ask questions about Geth, and I try to answer the most voted questions each week by writing a short post. Here are the most voted questions this week: Can you share how Flat DB architecture differs from legacy architecture?* State of Ethereum Before we get into the acceleration architecture, let’s briefly summarize what Ethereum calls it. situation This is how it is currently stored at various levels of abstraction. Ethereum maintains two types of state: a set of accounts; A set of save slots for each contract account. at…
NuggetRush has emerged as the new popular app, beating SHIB and BONK. Bonk appears to have reached his peak, but Shiba Inu has little room to grow. NuggetRush, an emerging peer-to-peer meme coin, is expected to rise 7,000% after launch. Memecoin is not only an important part of the cryptocurrency landscape, but also one of the most promising. Therefore, investors are always seeking huge profits by riding waves of extreme volatility. Due to the rags-to-riches stories that are common in this niche, enthusiasts have been overlooking new P2E memecoins: Shiba Inu (SHIB) and Bonk (BONK) by NuggetRush (NUGX). As a…
Bitcoin (BTC), the largest cryptocurrency by market capitalization, ended January above the $40,000 threshold, signaling positive price action. However, market expert Justin Bennett argues that Bitcoin has not yet reached bottom. Bennett’s analyze A chart of Tether’s stablecoin USDT Dominance (USDT.D) shows a potential downward movement, highlighting the possibility of further price declines. Tether dominance signals concern for BTC price. Bitcoin’s recent price recovery and its ability to surpass the $40,000 level optimism Among investors. Nonetheless, Bennett believes there could be further price declines if the mid-$44,000 range is retested. Bennett highlights the inverse relationship between Tether dominance and Bitcoin.…
Markets • February 2, 2024 8:53 AM EST Posted 1 minute ago In ~ The number of new addresses on the Solana blockchain increased significantly during the month of January, according to The Block’s data dashboard.Number of new addresses per month Solana brush -0.69% In January, it increased to 11.81 million. The increase represents an 18% increase in new addresses on the network, compared to about 10 million in December, which was the highest level for several months at the time.The last all-time high for unique new addresses traded on the Solana network was in May 2022, when there were…