The cloud-focused Web3 altcoin has recently surged ahead of all other cryptocurrency projects in terms of development activity, according to analytics firm Santiment. st tly Called The Internet Computer (ICP), a public distributed network, leads all other crypto projects, with 466.9 GitHub commits registered in the past 30 days. The analytics company points out that it doesn’t count routine updates and uses “advanced methodologies” to collect data only on “true” GitHub commits. Internet Computer aims to add serverless cloud capabilities to the public Internet. The project’s underlying asset, ICP, is trading at $13.45 at the time of this writing and…
Author: Crypto Flexs
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Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has weathered the recent market downturn and experienced a 14% price increase over the past week. This bullish momentum can be attributed to a combination of factors, including impressive ecosystem growth, strong technical analytics, and increasing investor confidence. Cardano TVL Soars, Stablecoins Gain Traction The recent Messari Q4 2023 report presents a vivid picture of the Cardano ecosystem. The network’s Total Value Locked (TVL) increased 166% quarter over quarter, reaching a record $450 million. This represents a remarkable 693% year-on-year (YoY) increase, demonstrating the rapid expansion of decentralized finance (DeFi) activity on…
About MarsCoin MarsCoin is a revolutionary digital currency that will shake up the cryptocurrency world. MarsCoin, named after the red planet, offers a unique and innovative approach to decentralized finance. With its focus on sustainability and space exploration, MarsCoin is quickly gaining attention in the cryptocurrency community as the next-generation digital coin. What sets MarsCoin apart One of the key features that sets MarsCoin apart from other cryptocurrencies is its commitment to environmental sustainability. Unlike traditional proof-of-work coins such as Bitcoin, MarsCoin uses a proof-of-stake consensus mechanism that requires much less energy to verify transactions and secure the network. This…
Canaccord Genuity maintained a Buy rating on the stock and increased its price target from $140 to $240. The company noted that positive winds are blowing across its business and industry.JMP Securities maintained its Outperform rating and increased its price target from $200 to $220. He said he was pleased with the exchange’s fourth quarter performance and the outlook was even more encouraging.
Market • February 18, 2024 7:32 AM EST Posted 1 minute ago In ~ With the launch of OpenAI’s Sora AI model, WorldCoin price reached an all-time high.Worldcoin has rebounded strongly over the past week, doubling its price to its current value of $5.36, according to The Block’s pricing page. Its current market capitalization is approximately $700 million. World Coin price has reached an all-time high. Image: The Block’s pricing page.Worldcoin is backed by Tools of Humanity, a company where Sam Altman is co-founder and chairman. Altman is also the CEO of OpenAI, which launched Sora, an AI model that…
dDisclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author. Cardano (ADA) has seen some positive movement in trading over the past week, and while the chart looks green, there is more happening with Cardano. According to the Messari report, Cardano performed very well, with revenue up 66.7% quarter-over-quarter. Revenue increased to $1.43 billion, which can be attributed to two main reasons. One is due to quarterly performance, and the second is due to the increase in transaction fees due to the surge in network activity.…
MicroStrategy’s Bitcoin investment has reached a significant milestone, with the company’s holdings now valued at more than $10 billion as the price of BTC rises above $52,000. This achievement highlights MicroStrategy’s strong commitment to Bitcoin as a long-term store of value and inflation hedge.Recent Features: MicroStrategy #Bitcoin Its holdings are now worth over $10 billion 🤯 pic.twitter.com/JhbGYtAmAI— Bitcoin Magazine (@BitcoinMagazine) February 15, 2024 MicroStrategy has continued to increase its holdings since first entering Bitcoin in August 2020 and sees Bitcoin as a key component of its financial strategy. The company’s chairman, Michael Saylor, has been a vocal defender of Bitcoin,…
Blockchain analytics firm Chainalytic found that cryptocurrency trading volume linked to money laundering activities will decline by nearly $10 billion in 2023. Compared to the total cryptocurrency laundered volume of $31.5 billion in 2022, last year’s $22.2 billion is a 29.5% decrease. The company also found that the value of all cryptocurrencies raised due to ransomware attacks has nearly doubled since last year. The total value received by ransomware operators in 2023 was $1.1 billion, a new record. However, the report concluded that the surge in activity was the result of major geopolitical events and did not represent an ongoing…
Several companies have amassed a whopping $13.7 billion in Bitcoin (BTC). This marks an important milestone in the cryptocurrency market. The large accumulation reflects growing confidence in Bitcoin as a viable investment. This also reflects the recent price surge and increased attractiveness among institutional investors. ETF Issuer Purchases $13.7 Billion in BTC Bitcoin exchange-traded funds (ETFs) are attracting attention. These financial instruments experienced strong capital inflows exceeding $2.2 billion between February 12 and February 16. This surge in investment has put the Bitcoin ETF ahead of 3,400 ETFs in the United States. Bloomberg analyst Eric Balchunas emphasized that these inflows…
Posted 1 minute ago In ~ Cryptocurrency exchange FixedFloat appears to have been exploited for $26.1 million in Bitcoin and Ethereum, according to on-chain data. Due to unexpected fund movements, the exchange went into maintenance mode and remains down.to bitcoin BTC +0.75% Via blockchain, the exchange confirmed the suspicious movement of 409 Bitcoin ($21.17 million). this address. more Ethereum ETH +1.34% There was a similar movement of 1,728 ether ($4.85 million). This address.In the exchange said”We are experiencing some minor technical issues and have placed our service in maintenance mode.”The exchange did not confirm the scale of the attack, and…