A prominent cryptocurrency analyst is suggesting a potential upside for Ethereum (ETH) competitor Solana (SOL). In a new YouTube video, an anonymous host from InvestAnswers noted to his 478,000 subscribers that Solana hit 20% of Ethereum’s market cap in December but has outperformed the second-largest cryptocurrency asset in the months since. The InvestAnswers host says that if Solana reverts to the 20% level, this would mean a SOL price of around $171 based on ETH’s current trading price. “If you go to one-third of Ethereum’s market capitalization, it’s $277. If you go to half of Ethereum, it is $421, and…
Author: Crypto Flexs
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February 28, 2024, London, UK, Chainwire Eledator recognized the outstanding work of the trader, who gave users the opportunity to earn up to 60% annual returns in cryptocurrencies. The awards ceremony was a symbol of appreciation for their contributions to the development of the copy trading community and a celebration of the success of top traders. Winners by category: Best Newcomer in Copy Trading: Three new talent received awards for the outstanding results they achieved by following the strategies of experienced traders through our platform. Top Traders of the Year: Five traders received awards for their outstanding contribution to the…
In a recent Warpcast discussion, Ethereum’s Vitalik Buterin challenged DeFi’s overemphasis on Total Value Locked (TVL), highlighting security concerns and the need for a paradigm shift. In the world of decentralized finance (DeFi), measures of success and legitimacy are often discussed. Ethereum co-founder Vitalik Buterin expressed skepticism about the commonly used Total Value Locked (TVL) metric during a discussion on Warpcast. His thoughts resonate with the community’s growing concerns about protocol security and over-reliance on TVL as a benchmark for success. Buterin argues that TVL should be a “necessary evil” rather than an end goal, emphasizing that every dollar tied…
join us telegram A channel to stay up to date on breaking news coverage If the market can stabilize above the moving averages, our Dogecoin price prediction could continue to see bullish moves. Dogecoin (DOGE) secures new listing on popular Japanese cryptocurrency exchange Dogecoin (DOGEUSD) has achieved an important milestone with its new listing on Bitflyer, a leading Japanese cryptocurrency exchange. The announcement, made via Bitflyer’s official Starting February 29, 2024, Bitflyer will begin handling Dogecoin in its sales offices. It further consolidates the position of cryptocurrencies in the market. Dogecoin prediction statistical data: Current Dogecoin price – $0.098 Dogecoin…
February 28, 2024, London, UK, Chainwire The Bitcoin Dogs presale has already raised over $5.1 million in less than 14 days. With only five stages remaining, the ICO has now reached its halfway point and only 16 days remain until its conclusion. ICOs are covering new territory. Until now, BRC-20 tokens on the BTC blockchain have not been available for public pre-sale. This piqued the interest of the cryptocurrency community, and as a result, Bitcoin Dogs has generated a strong social following. Top cryptocurrency influencers including: @MrX_Crypto, @BscSuperAltcoinand @BscGemsX1000, all showed their support for the project. With a total audience…
Friends, Over the last year, developers and researchers supported by Ethereum Foundation have kept their heads down and continued to produce at a staggering pace. Their focus has remained on their work, and together we’re all building a more complete Ethereum. Today, our regular all-team update series is relaunching in a changed and ever growing ecosystem. Ethereum features larger dApp, developer and user communities than ever before, the network has continued to improve, and steady progress has been made on initiatives large and small. While many teams do release their own well-rounded updates, we thought it appropriate to bring the…
Ether.fi, the largest securitization restaking protocol, has closed a $27 million investment round. This round was led by venture firms Bullish and CoinFund, with additional participation from Amber Group, Arrington Capital, Bankless Ventures, Foresight Ventures, Chapter One, 4RCapital, Collider Capital, Lvna Capital, Draper Dragon, Node, OKX Ventures, and North Island Ventures. I did. These include Pulsar, Punk DAO, Relayer Capital, Selini, Version One, and White Star Capital. “The $27 million will be split between the previously unannounced SAFE and Series A, which closed late last year.” Ether.fi wrote On social media platform A simple contract for future assets (SAFE) involves…
The price of Ethereum has hit a multi-month high above $3,300. ETH is showing strength and Bitcoin is rising at a rate above the $60,000 resistance level. Ethereum expanded its gains above the $3,300 resistance zone. The price is trading above $3,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a bullish trendline connected to support at $3,320. In the short term, it could extend the upside to $3,420 or even $3,500. Ethereum price is lower than Bitcoin Ethereum price began another steady rise from the $3,150 support zone. ETH moved further…
reporter Posted on: February 28, 2024 XRP was the worst-performing large-cap cryptocurrency last month. Addresses belonging to groups of whales have declined steadily since the beginning of the year. A broad market rally has seen the price of Ripple ( At the time of writing, the sixth-largest cryptocurrency was trading at $0.56, and the bulls’ previous attempts to break through the aforementioned barrier proved unsuccessful. Source: CoinMarketCap Only time will tell whether altcoins will succeed, but recent price movements do not inspire much optimism. XRP disappoints investors AMBCrypto’s examination of market data from CoinMarketCap found that XRP was the worst-performing…
It’s fair to say that some aspects of cryptocurrency are complex. This is especially true if you are just starting to dive into this fast-growing asset class.There are thousands of different tokens and multiple blockchains to work with when buying, selling, and moving cryptocurrency assets.For added security, you may decide to start buying cryptocurrency on one exchange and then transfer it back to the exchange to sell it before moving it to a self-managed wallet. You can purchase a variety of coins from different blockchains, but not all coins are supported by the exchange you want to trade at a…