Year Finance beat Bitcoin in the race to claim back $20,000. The protocol’s governance token YFI surged to $20,770 during the early trading session on Tuesday. The gains pushed the price up 178.42% from its early November low, confirming the start of a strong rebound following an 83% plunge. Yearn Finance is trading nearly 50% below its all-time high. Source: YFIUSD on TradingView.com Yearn Finance is trading almost 50 percent lower than its record high. Source: YFIUSD on TradingView.com YFI’s resurgence rally follows the decision of cryptocurrency-based hedge fund PolyChain Capital to purchase nearly 2% of new YFI supply in…
Author: Crypto Flexs
Leverage AI tools for a better social media strategy Creating engaging content is important to have a strong online presence in the fast-paced world of social media. AI has revolutionized content creation by providing new tools that improve creativity and efficiency. Here are 10 AI tools to improve your social media plan: ChatGPT on OpenAI: Based on GPT-3.5, ChatGPT helps you generate creative and consistent text for your social media posts, from engaging captions to full blog posts. Canva: This tool uses AI to simplify the design process with a variety of templates for visually appealing social media graphics. Lumens5:…
Some crypto wallets offer Multisignature transactions (aka “Multisig”), which require multiple private key signatures in order to spend cryptocurrency.Because Multisig decentralizes spending authorization among multiple signers, it provides protection against having a single point of failure in the event of loss of control of a crypto wallet.Multisig wallets also allow organizations to construct complex spending rules involving multiple parties.Multisig has some potential pitfalls due to its inherently more-complicated design. As Mutisig is not a common or widely used approach, it remains incompatible between different cryptocurrencies e.g. ETH and BTCEach participant in a Multisig setup must maintain careful key and wallet…
join us telegram A channel to stay up to date on breaking news coverage Polkadot price prediction shows that DOT is likely to make another attempt to break above the $5.50 resistance level. Polkadot prediction statistical data: Current Polkadot price â $5.46 Polkadot market cap â $6.9 billion Polkadot circulation â 168.3 million Polkadot total supply â 1.2 million Polkadot CoinMarketCap Ranking â 15th DOT/USD market Main level: Resistance levels: $6.50, $7.00, $7.50 Support levels: $4.50, $4.00, $3.50 DOTUSD â daily chart DOT/USD strength was rejected near the $5.52 level as the coin reverted to the downside. However, Polkadot price…
Open Exchange Token (OX), the native token of cryptocurrency bankruptcy claims platform OPNX, surged 50% within 20 minutes of co-founder Su Zhu’s alleged first post on Twitter following his arrest.On December 1, Su posted a simple “gm” (short for “good morning”), marking his first X post since September 29 when he was arrested while trying to leave Singapore’s Changi Airport.GMâ Zhu Su (@zhusu) December 1, 2023 Within 20 minutes of Su’s Prices not seen since Su’s arrest on September 29, according to CoinGecko data.OX token price soars within minutes of Su’s X posting. Source: CoinGeckoImmediately after the price peak, OX…
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Moonbeam Network partners with DUX and Grupo RĂO to launch Brazil’s largest Web3 loyalty program – Chainwire housenewsroomMoonbeam Network, DUX and Grupo RĂO partner to launch Brazil’s largest Web3 loyalty program We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an…
Circle, a leading stablecoin issuer, recently addressed and strongly refuted allegations of involvement in illicit fundraising and alleged links to Tron founder Justin Sun. These claims, made by the Campaign for Accountability (CfA), a nonprofit watchdog organization, prompted Dante Disparte, Circle’s chief strategy officer and director of public policy, to write a formal response to U.S. Senators Elizabeth Warren and Sherrod Brown. In the letter, Disparte categorically denies that Circle was involved in promoting or financing activities related to Hamas or other illicit actors. He emphasizes Circle’s firm commitment to combating illicit financial activities. Circle actively partners with regulators and…
According to on-chain data, the ten largest Ethereum whales have recently continued to increase their holdings and currently hold 41 million ETH. The holdings of the top 10 Ethereum whales have reached an all-time high. According to data from on-chain analytics firm st tly, the largest whale wallet, has continued to show a bullish pattern for cryptocurrencies. There are two indicators of interest here: The supply held by the top exchange wallets and the supply held by the top non-exchange wallets. The former tracks the total amount of Ethereum currently held by the top 10 wallets connected to centralized exchanges.…
Litecoin price is rising above $90 against the US dollar. LTC could rise above $100 and head towards the $110 resistance. Litecoin is steadily rising towards $100 against the US dollar. The price is currently trading above $90 and the 100 simple moving average (4-hours). On the 4-hours chart of the LTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance near $86.20. The price could rise further to the $100 and $110 levels. Litecoin price gains strength again After forming a base above the $80 level, the price of Litecoin began a new…