We are excited to announce that Kraken now supports deposits and withdrawals. USD Coin (USDC) on optimism! funding USDC funding through Optimism is already underway. You can transfer USD Coin (USDC) to your Kraken account by going to: funding Select USDC. From here, use the drop-down box to select your preferred deposit method (network). optimism. Note: Kraken currently supports two versions of USDC: USDC.e and Optimism’s native USDC. Is USDC for Optimism? ⤵️ Here’s what you need to know about assets: USD Coin (USDC) It is a USD-based stablecoin backed by the US dollar. Transactions are faster and more cost-effective…
Author: Crypto Flexs
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On-chain data shows dormant Bitcoin whales are recently becoming active again in a manner reminiscent of the 2021 bull market. Bitcoin whale, which has been sleeping for 10 years, is waking up In a new CryptoQuant Quicktake post, analyst Maartunn talked about the formation of a pattern in Bitcoin similar to what occurred during the last bull market of 2021. advertising The metric of interest here is the amount of Bitcoin moved from a blockchain that has been dormant for at least 10 years before the transaction occurred. 10 years is obviously a very long time, which is why…
The overall market capitalization of the cryptocurrency market surged past $1.55 trillion on December 5, driven by incredible weekly gains of 14.5% for Bitcoin (BTC) and 11% for Ethereum (ETH). Notably, this milestone, which marked its highest level in 19 months, pushed Bitcoin past Meta’s market capitalization of $814 billion to become the world’s ninth-largest tradable asset.Despite recent strong momentum, analysts have observed that retail demand remains relatively stagnant. Some attribute this to the ramifications of an inflationary environment and lower interest rates on credit as interest rates remain above 5.25%. Analyst Rajat Soni’s post may have dramatized the situation,…
Dear Ethereum Community, Builders, and Researchers, For the first time Devconnect held in Amsterdam last year In 2022, we gathered for a week of in-depth workshops and discussions. Many who participated in the sessions and conversations said they felt Devconnect had made a significant impact on the ecosystem by fostering progress in a tangible way. Many people have expressed their hopes for Devconnect to happen again, and after seeing its impact, we strongly agree. Today I can finally share it. Devconnect is back and will be held in Istanbul this year from November 13-19! 🇹🇷 What is DevConnect? Devconnect is…
helium HNT +6.25% Self-proclaimed ‘world’s first’ mobile Cryptocarrier said Tuesday it has launched a U.S.-wide plan that offers unlimited data, text and calls for $20 per month. Helium Mobile’s service is a service that combines the P2P Helium Network, an Internet of Things project using the Solana blockchain, and a nationwide 5G network. The launch follows limited testing in Miami earlier this year. “Helium Mobile Hotspot allows subscribers to own and set up a ‘mini cell tower,’” the company said in a statement. “If anyone could become a builder and set up hotspots to expand the network for themselves and…
Visibly showing continued growth, the digital asset market has recorded cumulative inflows of $1.76 billion over the past 10 weeks, according to the latest report from CoinShares. These sustained inflows, led by Ethereum, mark the longest streak of growth since the launch of futures-based ETFs in the United States in October 2021. A positive trend emerges as Ethereum attracts $134 million in inflows. Despite a 107% increase in total assets under management (AuM) this year, reaching $46.2 billion, the cryptocurrency market is still lagging its 2021 high of $86.6 billion. The latest CoinShares report highlights that trading volume for…
November 13th Bitfinex Alpha | BTC Soars, But Be Careful What You Wish For Post time: 12:13h On Bitfinex Alpha Posted by Tammy A strong week saw Bitcoin retrace some of its gains after hitting $38,000, its highest since May 2022. Even at current levels of $37,000, the average purchase price (STH RP) for short-term holders is approximately $30,380. This gap between STH RP and current market prices has been most pronounced since April 2022. However, based on past performance, STH RP’s monthly movements suggest caution. An analysis of short-term and long-term holder cohorts shows that, historically, a $2000 monthly…
In cryptocurrency trading, history often repeats itself, or at least rhymes. That’s why it can be important to identify historically significant price signals and patterns. According to Egrag Crypto’s latest technical analysis: in the spotlight This pattern for XRP indicates the potential for massive price increases. This analysis hinges on observing a bullish crossover between the 21-day exponential moving average (21EMA) and the 55-day moving average (55MA) on the two-week chart of XRP/USD. Egrag said, “XRP Rocket: 21 EMA and 55 MA Signal Explosion: Let’s Decipher XRP Trajectory. Would you like me to focus? There are only two significant weekly…
IBM announced the December 5 launch of IBM Hyper Protect Offline Signing Orchestrator (OSO), an air-gapped cold storage solution for digital assets. IBM has partnered with digital asset manager Metaco (an IBM partner and Ripple subsidiary) and Tier-1 banks to develop an end-to-end asset encryption service to address common vulnerabilities found in typical cold storage solutions.According to the announcement:“Offline or physically air-gapped cold storage has limitations including privileged administrator access, operational costs and errors, and the inability to truly scale. All of these limitations stem from one fundamental factor: human interaction.” cold storageIBM designed OSO to address these vulnerabilities by…
As British policymakers develop updated policies to regulate internet pornography, one approach could require users to send adult selfies to view adult content. Arbiter of age? Of course it’s AI.If only 1984 author George Orwell had been here to write a sequel titled 2024.The Online Safety Act 2023, which received Royal Assent on 26 October, aims to make the internet safer for UK users, especially children, by mandating service providers to implement effective age verification. The last of the six proposed methods involves asking users to take a selfie and send it to the government so that AI can verify…