Author: Crypto Flexs

Bitcoin’s network hash rate has fallen by about 25% over the past few days due to Texas grid regulators’ calls for curtailment following the recent cold spell, with the US state now established as a global hub for the industry.Global hash rate estimates fell from around 600 EH/s on Friday to 450 EH/s on Tuesday, according to data from MiningPoolStats and Blockchain.com, the Jan. 14-17 forecast issued by ERCOT due to extremely cold weather across the region. Consistent with weather warnings until. . ERCOT, the Electric Reliability Council of Texas, operates as the grid regulator for most states.ERCOT’s warning was…

ARB prices fell more than 3%. TVL continued its upward trend despite the recent price decline. In recent days, Arbitrum (ARB) has experienced fluctuating price trends. Nonetheless, despite these price fluctuations, total value locked (TVL) within the network has reached an all-time high. Arbitrum recovery is interrupted. Between January 12th and 14th, Arbitrum’s daily timeframe chart showed a continuous downward trend. The largest decline occurred on January 14, reaching approximately 6.7%. This decline is the second largest decline this year. After this decline, Arbitrum attempted to recover, showing back-to-back upward trends on January 15th and 16th, for a total gain…

Gemini, a cryptocurrency exchange founded by the Winklevoss twins, has received approval for cryptocurrency registration from French market watchdog Autorite des Marches Financiers (AMF). According to recent presentation The exchange’s approval allows Gemini to offer its services as a virtual asset service provider in France. The company plans to launch the product to both retail and institutional customers in the coming weeks. Gemini Seizes Growth Opportunities in Europe As announced, Gemini customers in France will have access to a variety of cryptocurrencies as well as “high-end” cryptocurrencies for trading. trading platform Such as ActiveTrader. Institutional clients can also benefit from…

Ethereum is outperforming Bitcoin, driven by market expectations of a potential spot ETH ETF being approved. Ethereum (ETH) is showing signs of outperforming Bitcoin (BTC) in the medium term, according to QCP Capital’s latest market update report. This change in market dynamics is tied to expectations of a potential approval for a spot ETH ETF. 6/ The next major cryptocurrency events are the BTC halving (mid-April) and the potential ETH spot ETF approval in May. In the meantime, cryptocurrencies may take some direction from macroeconomic events.— QCP Capital (@QCPCapital) January 17, 2024 Recently, the U.S. Securities and Exchange Commission (SEC)…

Fiber is an essential nutrient that is often overlooked in many people’s diets. Most people know the role fiber plays in digestion, but there are many other surprising ways fiber can revolutionize your health. Here are five surprising benefits of including fiber in your diet: Improves gut health: Fiber acts as a prebiotic, nourishing the beneficial bacteria in your gut. This can lead to a healthier digestive system and reduce the risk of gastrointestinal disorders such as irritable bowel syndrome. Weight Management: Foods high in fiber make you feel fuller, which reduces overeating and helps with weight management. Fiber can…

“This agreement is part of the EU’s new anti-money laundering system. It will improve the way national systems to combat money laundering and terrorist financing are organized and work together. This will help fraudsters, organized crime and terrorists escape space. “We are leaving to legitimize the proceeds through the financial system,” Vincent Van Peteghem, Belgian Finance Minister, said in a press statement.

The cryptocurrency community is currently embroiled in a debate over Ripple’s rights to sell XRP tokens, sparked by an exchange between XRP advocate Bill Morgan and a cryptocurrency analyst known as “Darkhorse” on social media platform X. This discussion takes a closer look at the legal complexities and market implications of Ripple’s actions regarding the sale of XRP. There is nothing stopping Ripple from selling XRP. Anyone can sell assets they own. The question is whether XRP sales and offerings in the United States will need to be registered with the SEC. If Ripple sells XRP programmatically like it has…

join us telegram A channel to stay up to date on breaking news coverage Ethereum price is up 0.60% over the past 24 hours, trading at $2,544 as of 3:30 AM ET, with volume up 32%. The increase signals heightened interest in proof-of-stake (PoS) tokens, with top analysts predicting a 35% surge in Ethereum’s price. Analyst Pentosh said X says that the price of Ethereum could soon reach $3,500. Analysts expect excitement to surge over the possibility of the next ETH exchange-traded fund (ETF) to receive regulatory approval, following last week’s Bitcoin ETF. Ethereum price prediction with 35% surge forecast…

As we stand on the cusp of a global economic contraction thanks to over 50 years of USD fiat currency, the fight for Bitcoin’s future is raging in real time on Twitter, with the approval of a physical Bitcoin ETF eagerly awaited. secretary. But in the trenches of Twitter, there’s a debate going on about what Bitcoin is and how we should and shouldn’t use it. I covered this battle in detail in Orange Label, but to summarize, there are two camps in this battle: monetary maximalists and block space demand maximalists. The big question is: Should the inscription be…

Co-founder of Ethereum, Vitalik Buterin, has sparked significant discussion in the cryptocurrency community, focusing on the classification and characteristics of layer 2 scaling solutions, particularly the concept of Validium. The debate follows Buterin’s agreement with a statement from Daniel Wang, founder of Taiko, an Ethereum rollup solution that classifies certain layer 2 solutions as valid. Buterin agreed with Wang that Ethereum rollups that leverage external data chains, such as modular blockchain Celestia, should be considered validation rather than traditional rollups. The key to this classification lies in the security guarantees these solutions provide. Buterin emphasized that the essence of rollups…