ADA, the native token of the Cardano ecosystem, has experienced a notable price surge taking advantage of Bitcoin (BTC) stalling above the $52,000 level. With gains of 20% and 14% over the past 30 and 14 days respectively, ADA has reignited optimism among investors. The token’s recent performance has not gone unnoticed, with cryptocurrency analyst “Trend Rider” making bold price predictions and highlighting key indicators that point to its long-term potential. bull running For ADA. Potential bull market for ADA on social media post On Analysts have drawn attention to an indicator called Impulse colors, which tracks price distance from…
Author: Crypto Flexs
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The Hong Kong Monetary Authority (HKMA) has published a circular outlining regulatory standards for entities selling and distributing tokenized products to foster innovation, ensure consumer and investor protection, and promote due diligence, transparency and risk management. The Hong Kong Monetary Authority (HKMA) has issued a new circular detailing the regulatory standards that authorized entities must adhere to when selling and distributing tokenized products (cryptocurrencies, virtual assets) to customers. This move is an important step in the regulator’s efforts to embrace technological advancements in the financial sector while protecting consumers and investors. Tokenized products, as defined by the HKMA in this…
Palo Alto, USA, February 20, 2024, Chainwire The co-organizers of Sui Basecamp, the first annual global Sui conference, today announced the first confirmed speakers for the Paris event, taking place on April 10 and 11, 2024. Sui Basecamp is a celebration of developers and entrepreneurs building on Sui. It is an innovative layer 1 blockchain and smart contract platform and features speakers and thought leaders from around the world and across the greater Web3 ecosystem. Sui Basecamp’s initial speakers include: Arianna Simpson, General Partner at a16z Balaji S. Srinivasan, Angel Investor, Technology Founder and Author of The Network StateMeltem Demirors,…
Last May, I wrote an article for Bitcoin Magazine predicting that Layer 2 (L2) metaprotocol solutions would resolve the Ordinals debate. Now that two of the most anticipated layer 2 solutions, Taproot Assets (TA) and RGB, are available or soon to be released, it’s time to revisit this topic. In fact, judging by the recent surge in fees due to renewed interest in BRC-20 tokens, it may be about time…Guided by the view that the price, fee, and flexibility advantages offered by L2 metaprotocol solutions over on-chain Ordinals will ultimately prove decisive, I have focused my energies on advancing such…
Posted 1 minute ago In ~ Web3 venture firm Hack VC has closed $150 million for its first venture fund, called Venture Fund 1.According to a company release, the closing financing brings the company’s total assets under management to $425 million. Hack VC said it plans to use the funds to fund early-stage startups developing infrastructure at the intersection of security, capital-efficient decentralized finance, web3 and artificial intelligence. “We invest anywhere from a few hundred thousand dollars in a single founder or incubation to millions of dollars in projects we believe in,” Alex Pack and Ed Roman, co-founders and managing…
Ethereum layer 2 network Starknet has launched an airdrop for its STRK governance token, allowing more than one million cryptocurrency users to claim a stake in the network.The token is also listed on major exchanges including Binance, KuCoin, and OKX. According to CoinGecko, they are trading for $2.56 each as of this writing. It has already lost 49% in value since launch.According to TokenFlow’s data, approximately 51,000 users have claimed tokens so far, representing 4.8% of all users eligible to claim. This includes 69,859,276.8 tokens out of nearly 600 million tokens allocated for distribution by the project team, Starkware.Nonetheless, a…
NEAR has consistently followed market trends since the beginning of the year. that much recent According to market data, the token is up nearly 30% every other week. This is evidence that investors remain hyped on recent growth in the broader market and recent developments in the NEAR protocol. Account Aggregation: What’s the Point? NEAR continues its mission to become the single entity for entry-level and professional entities within Web 3. Account consolidation, i.e. consolidating Web 3 and cryptocurrency accounts into one NEAR account, is the current focus. Account tallies are according to the most recent blog post“It is an…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEBVBcoins is a fraudulent cryptocurrency trading and investment platform that appears to offer a variety of products but is actually a fake site designed…
The SupplyShock crisis is a global problem that impacts people’s everyday lives. This crisis is the result of supply chain disruptions caused by a variety of factors, including natural disasters, political unrest, and the ongoing COVID-19 pandemic. This disruption has led to shortages of essential goods, rising prices, and extended wait times for products. Impact on daily life One of the most significant impacts of the SupplyShock crisis is the rise in prices of everyday goods. Consumers are paying more for groceries, household goods and fuel. This means people have less money to spend on other things and their overall…
An unknown cryptocurrency whale accumulated 64,000 Ethereum (ETH) in just 11 days, according to on-chain data. Blockchain tracking service Lookonchain note Since February 8, anonymous whales have acquired 64,346 ETH worth $178.9 million from both centralized and decentralized cryptocurrency exchanges. Blockchain explorer Etherscan shows the whale first accumulated 1,100 ETH on February 8th. adding A few days later, 9,959 ETH worth $24.67 million appeared on the cryptocurrency exchange Binance. Afterwards, investors with ample funds expenditure USDT, a dollar-pegged stablecoin worth $60 million, earns 21,353 ETH for $2,810. Lookonchain said the whale withdrew 10,649 ETH, worth $30.68 million, from Binance. Yesterday,…