join us telegram A channel to stay up to date on breaking news coverage Today’s cryptocurrency market is showing remarkable performance. top winner It spans four standout coins: The Graph, Injective, Uniswap, and SingularityNET. GRT surged 16.37%, increasing its market capitalization to $2.09 billion. INJ is showing excellent performance in the DeFi sector with a market capitalization of $3.45 billion and a price of $37.05. Meanwhile, UNI maintains an optimistic outlook with a price of $7.72 and a market capitalization of $4.62 billion. AGIX, representing SingularityNET, has achieved a market capitalization of $567.85 million by revolutionizing AI development and accessibility.…
Author: Crypto Flexs
A widely respected cryptocurrency analyst has warned traders not to count on a significant correction in the altcoin market to rally to lower prices. In a new video update, cryptocurrency strategist Jason Pizzino tells his 311,000 YouTube subscribers that recent history suggests the looming altcoin crash is an unlikely scenario. Pizzino says he’s looking at TOTAL3’s monthly chart, which tracks the total market capitalization of cryptocurrency assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. According to traders, TOTAL3 is currently in a consolidation phase in preparation for a surge, which suggests that a serious correction is unlikely in the altcoin…
join us telegram A channel to stay up to date on breaking news coverage eTukTuk, an AI-powered sustainable transportation solution, has raised over $1 million in pre-sales, reaching 99.49% of its goal. This important milestone demonstrates the growing interest in projects aimed at revolutionizing transport in developing countries through eco-friendly eTukTuks. eTukTuk’s Center Stage Presence in AI-Enabled Sustainable Transport eTukTuk, an innovative AI-based eco-friendly transportation solution, is set to redefine travel in developing countries and globally. With a vision to build the charging infrastructure of the future using blockchain technology, eTukTuk is now offering an exclusive pre-sale opportunity to investors…
K League partners with Chiliz to enhance fan participation and global promotion through blockchain technology and integrate ‘K League Fantasy’ into the Chiliz Chain. K-League, Korea’s premier professional soccer league, has announced a multi-year strategic partnership with SportFi pioneer Chiliz. The collaboration will provide a variety of opportunities for fans to connect more closely with the league, including exclusive access to officially certified game scoring balls. This partnership marks the K League’s entry into the Chiliz Chain ecosystem, positioning itself alongside the world’s leading sports assets and innovative developers in the blockchain space. This integration highlights the K League’s commitment…
Honduras’ CNBS regulator has banned cryptocurrency trading within financial institutions due to fraud, money laundering and the regulator’s inability to regulate multi-jurisdictional digital platforms amid global controversy. The Honduran National Banking and Securities Commission (CNBS) has banned the country’s financial system from engaging in trading Bitcoin and related virtual assets. This restriction was recently implemented. Financial institutions supervised by the Central Bank of Honduras (CNBS) are prohibited from maintaining, investing in, brokering or dealing in cryptocurrencies, cryptocurrencies, cryptocurrencies, tokens or other similar virtual assets. A document issued or approved by the Central Bank of Honduras. This resolution took effect immediately…
Welcome to the third article. eth2 quick update. tldr; Strengthening fork selection defenses in response to auditsintroduction challenges.ethereum.orgHerumi grant for ultrafast BLS implementation fork selection defense This week we strengthened our defense of the level 0 fork selection rule. We spend a lot of time analyzing eth2 to ensure that the system can remain stable even under adverse conditions (e.g. large-scale attackers, major network outages or partitions, etc.). The goal of any large engineering project is to find as many potential problems and prepare for these scenarios before launch. That is why we have been working with many external teams…
Market • February 19, 2024 7:10 AM EST Posted 1 minute ago In ~ Open Interest Bitcoin BTC +1.40% Futures on centralized exchanges have hit new highs this year, reaching levels not seen since November 2021 and highlighting increased trading activity around the biggest cryptocurrencies.Total open interest in Bitcoin futures reached $22.9 billion on Monday, the highest since the fourth quarter of 2021 and close to the previous high of about $24 billion at the time, according to CoinGlass.Open interest in Bitcoin futures has increased by more than 30% since early 2024. This increase coincides with the Bitcoin price rising…
Cryptocurrency lender Chelsea has successfully distributed $2 billion worth of cryptocurrency assets to over 172,000 creditors, marking a significant milestone in its restructuring process.Efficient distribution processUnder the court-approved restructuring plan, Chelsea facilitated the distribution of approximately 20,500 Bitcoin and 301,000 Ether tokens to eligible creditors. The process was overseen by distribution agents PayPal and Coinbase to ensure smooth and secure transactions.Distribution agents and overseas holdersPayPal managed cryptocurrency distribution for U.S. holders, while Coinbase handled foreign creditors. Seamless coordination between these platforms has enabled the rapid transfer of liquid cryptocurrency assets to creditors around the world.Compliance issues and solutionsDespite a successful…
reporter Posted on: February 19, 2024 Arbitrum’s weekly derivatives trading volume hit an all-time high last week. ARB’s value rose last month, but investors’ profits continued to fall. Weekly trading volume for the derivatives protocol included in the major Layer 2 network (L2) Arbitrum (ARB) hit an all-time high of $18 billion last week. Dipilama showed it According to the data provider, this represents a 17% increase in derivatives trading volume on Arbitrum in less than seven days, surpassing the $9 billion recorded by Ethereum (ETH) during the same period. Source: DefiLlama The decision to dethrone Ethereum According to on-chain…
MicroStrategy is flashing its diamond hand, the two largest NFT creators are merging together, and this Bitcoin rally could be different. This week we bring you these stories and more in cryptocurrency. Bitcoin hits 2-year high Bitcoin’s market value surpassed $1 trillion last week, reaching its highest level since late 2021. To date, Bitcoin is already up 20%. But this rally has unique characteristics. Historically, Bitcoin has had a negative correlation with the dollar, but the resurgence of the US dollar index and the US 10-year Treasury yield have driven Bitcoin prices higher. MicroStrategy doubles its profits. MicroStrategy, Bitcoin’s largest…