zkLink launches Nova, a layer 3 ZK rollup network to unify Ethereum liquidity and increase cross-rollup interoperability. To address liquidity fragmentation and interoperability issues within the Ethereum ecosystem, zkLink introduced Nova, the first unified layer 3 ZK rollup network. Nova’s mission is to foster a unified and interoperable rollup ecosystem by unifying fragmented liquidity across various Ethereum Layer 2 rollups. zkLink Nova’s stack-agnostic architecture is a game changer, promising to aggregate liquidity across all rollups regardless of the underlying layer 2 technology stack. These include ZK Stack, Polygon CDK, and OP Stack. Powered by zkLink Nexus technology, Nova leverages Ethereum’s…
Author: Crypto Flexs
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Ethereum price is consolidating gains above $3,400. ETH is showing positive signs and may aim to move above the $3,500 resistance zone soon. Ethereum continues its upward trend and is consolidating below the $3,500 resistance zone. The price is trading above $3,400 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $3,420. The pair appears to be preparing for a move towards the $3,650 and $3,800 levels. Ethereum price remains supported Ethereum price formed a base above the $3,350 level and began another rally like Bitcoin.…
A trader who called the end of Bitcoin’s (BTC) 2018 bear market says a momentum indicator is showing bullishness for the top meme cryptocurrency asset, Dogecoin (DOGE). The Dogecoin vs. Bitcoin pair (DOGE/BTC) is sending strong bullish reversal signals on the weekly chart, pseudonymous analyst Bluntz told his 242,300 followers on social media platform “I was avoiding DOGE because I didn’t think it would do anything near the multiples I thought WIF would. however… That’s a loooooottttt of the weekly strength difference for DOGE/BTC. I might end up having to buy a bag.” source: Blunts/X A bullish divergence is often…
Exchange-traded funds (ETFs) have emerged as a hot topic, especially with regard to their potential to push the price of Bitcoin (BTC) past its previous high (ATH) of around $70,000. BTC supporters are also optimistic that the halving event scheduled for April 2024 will further energize the world’s leading cryptocurrency. Bitcoin’s Bullish Momentum Bitcoin (BTC) has hit its highest price since 2021 and has undergone a significant correction after coming close to the $69,000 high it achieved in November 2021. Prices remain comfortably above the $62,000 price area as of press time. Bitcoin’s strong bullish momentum follows significant inflows into…
Asia • March 3, 2024 11:54 PM EST Posted 1 minute ago In ~ Chinese state-run media outlet Economic Daily published an article on Sunday warning about the risks associated with Bitcoin in the cryptocurrency market. recent rallyAs China continues to ban cryptocurrency trading activities.The state-run newspaper Economic Daily wrote Investors should be “cautious” about Bitcoin-related products and that Bitcoin has not yet entered the mainstream.The article pointed out that while the United States has allowed the listing of physical Bitcoin exchange-traded funds (ETFs), China continues to ban cryptocurrency trading. The article quoted Beijing-based lawyer Xiaosha as saying that a…
March 4th Why is Bitcoin Rising? Posted at: 01:32h Uncategorized by admin The recent introduction of Bitcoin exchange-traded funds (ETFs) has injected new dynamism into the cryptocurrency market, especially evident in the notable surge in trading volume witnessed this week. Retail traders in particular are using these ETFs to capitalize on Bitcoin’s continued rally, which has pushed the cryptocurrency past $60,000 for the first time since November 2021. New Bitcoin ETF Seems to Have Insatiable Demand for BTC In particular, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) recorded trading volumes that far exceeded expectations, fueling strong…
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Scallop Protocol, Sui Network’s leading DeFi platform, successfully raised $3 million in a strategic investment round for expansion. Scallop Protocol, a fast-growing presence in decentralized finance (DeFi), announced the success of a $3 million funding round co-led by CMS Holdings and 6th Man Ventures. The strategic investment round, which kicks off in Q1 2024, saw significant contributions from Kucoin Labs, Blockchain Founders Fund and UOB Venture Management, among others. This latest investment highlights the burgeoning interest and trust in Scallop Protocol’s mission to reimagine lending and borrowing on the Sui Network. Since its mainnet launch in July 2023, Scallop Protocol…
Looking ahead to 2024, Bonk (BONK), Solana (SOL), Shiva Buzz (BUDZ) We are uniquely positioned to not only lead the market in terms of innovation and growth, but also have the potential to create significant wealth for our investors. With a distinct market proposition, technological foundation, and growing community, these cryptocurrencies offer a glimpse into the future of digital finance. For those looking to invest in the next big thing in the cryptocurrency world, Bonk (BONK), Solana (SOL), and Shiba Budz (BUDZ) offer a strong opportunity to become the next cryptocurrency millionaire. The Rise of Bonk (BONK) BONK Solana (SOL)…
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