Cathie Wood’s Ark Invest sold more Coinbase shares on Monday, selling 43,956 COIN ($5.3 million) as the value of the cryptocurrency exchange’s stock reached its highest level in 18 months.Ark also purchased 143,063 shares of Robinhood stock worth about $1.2 million for the Ark Fintech Innovation ETF. This is in addition to the 93,297 shares, or $780,000, of Robinhood stock that Ark added to its ARK Next Generation internet fund on Friday.Coinbase shares are currently trading at $120.69 in pre-market trading, up more than 50% this month and 228% year-to-date, reaching their highest level since April 2022, according to TradingView.…
Author: Crypto Flexs
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Ethereum insider Steven Nerayoff has fulfilled his promise to the cryptocurrency community by releasing a three-hour recording of a private conversation between him and founder Vitalik Buterin. The revelation sparked a series of discussions in the cryptocurrency community as the recordings revealed flaws in ETH’s development and undisclosed aspects of the process. recording details Former Ethereum advisor Steven Nerayoff said: The recording was released in 2015. Between him and Ethereum founder Vitalik Buterin. conversation between Neraoff As the Ethereum founder sought Nerayoff’s insights on several development processes and issues, Buterin demonstrated the deep connection between them. Ethereum Blockchain Before release.…
According to textbook bullish indicators, Yearn Finance’s governance token YFI is gearing up for an all-time high. This pattern, called the “Ascending Triangle,” predicts YFI/USD just below $44,000. This is the highest record achieved in mid-September following the pair’s supersonic bull run. We expect YFI/USD to maintain support near the uptrend line, testing the horizontal base level as resistance. Later, the pattern predicts that the pair will attempt a breakout above the resistance line. Yearn Finance Ascending Triangle pattern (in black). Source: YFIUSD on TradingView.com In retrospect, an ascending triangle is a continuation pattern that appears in the middle of…
Cryptocurrency is not a beginner-friendly technology and is known to require new users to learn many concepts and tools. This is not surprising due to its highly technical nature, but users tend to fall prey to cognitive biases as they progress through their cryptocurrency journey. Although this is not necessarily true for everyone, it is not uncommon to see the Dunning-Kruger effect clearly evident in so-called “veterans.”Perhaps the biggest example of cryptocurrency users overestimating their knowledge is their understanding of cryptocurrency wallets. Cryptocurrency wallets may be the most important tool when interacting with cryptocurrencies and blockchain, but most people misunderstand…
Dogecoin price has recorded significant losses over the past few weeks amid bearish cryptocurrency market sentiment. The digital asset is down 18.65% this month and down more than 13% so far this year. Additionally, Dogecoin fell more than 5% last week due to the market downturn. The total market capitalization of these assets fell to $8.59 billion last day, ranking DOGE 8th.Day After Solana. During the same period, the total transaction volume of digital currency also decreased by more than 18%. economic concerns Dogecoin price has been in the red over the past few weeks due to weak market sentiment,…
Amnesty International Secretary-General Angers Callamar issued a statement on November 27 in response to the opposition of three European Union (EU) member countries to regulation of artificial intelligence (AI) models. France, Germany and Italy have reached an agreement that includes not adopting such stringent regulations for AI-based models, a key component of the EU’s soon-to-be enacted EU AI law. This comes after the EU received several petitions from tech industry players asking regulators not to over-regulate the nascent industry. But Callamard said there was an opportunity for the region to show “international leadership” through strong regulation of AI and that…
Following the news that Binance, the world’s largest cryptocurrency exchange by trading volume, announced the delisting of the Tornado Cash (TORN) token, the value of the token has fallen significantly over time. It is important to note that the market value of TORN, the ruling token of cryptocurrency hybrid protocol Tornado Cash, has fallen sharply by more than 50%. The collapse was particularly severe, with the value of TORN falling from about $4.00 to $1.66, a 57% decline, according to information provided by CoinGecko. This sharp decline coincided with Binance announcing that it would stop accepting TORN deposits on December…
The Bitcoin protocol limits the timestamps of future blocks to be at most two hours greater than the current time. What would be the impact on the Bitcoin network if this time limit was increased to 8 hours?
What is a sniper bot? Sniper bots are automated software programmed to perform specific tasks at predetermined times to ensure accurate market trading, finding application in online auctions, sales, and cryptocurrency trading.In the context of online activity, automated software or scripts that are programmed to perform specific actions at predetermined times are called sniper bots. Sniper bots are often used in the world of online sales and auctions to make purchases or submit bids at the closing moments of a sale or auction, aiming to outbid competitors. These bots are designed to work in the split second before an auction…
The biggest hype word over the past few months has been “SocialFi.” We noticed a trend early on and started collecting airdrop points by referring them to Friend.Tech. Today we have an overview of similar platforms on various blockchains. Are you ready?Let’s dive in. What is SocialFi? Let’s start with the obvious: what exactly is SocialFi? SocialFi combines decentralized finance principles with the social media realm, giving content creators power over their data and enabling direct engagement with their audiences. For simplicity, call it web3 social media or my personal favorite, “I guess it’s just fans for influencers.” Why is…