The price of Bitcoin has risen more than 11% over the past seven days, but recent price movements have led to a surge in liquidations.Bitcoin’s rise in value last week was driven by spot market traders, according to Bitfinex head of derivatives Jag Kooner. “The vast majority of purchases have been from spot buyers, meaning market orders from aggressive buyers in the spot market,” Kooner told The Block.Last Monday, the price of Bitcoin hovered just above $42,000. But since then, most of the liquidated leveraged positions have been underfunded, Kooner said. “With prices rising over the past seven days, there…
Author: Crypto Flexs
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keep coming tldr; Runtime verification audit and deposit contract verification Runtime Verification recently completed an audit and formal verification ~ Of eth2 deposit contract Bytecode. This is an important milestone that brings us closer to the eth2 Phase 0 mainnet. Now that we’re done, we’re asking for the community’s review and feedback. If there are gaps or errors in the official specifications; eth2 spec repository. formal semantics K framework We define the exact behavior that the EVM bytecode should exhibit and prove that this behavior is maintained. This includes input validation, iterative Merkle tree updates, logs, etc. watch here To…
Ethereum price is struggling to clear resistance at $2,550. ETH could begin a downward correction if it falls below the $2,475 support. Ethereum is consolidating gains below the $2,550 resistance zone. The price is trading above $2,480 and the 100-hour simple moving average. On the ETH/USD hourly chart (data feed via Kraken), a break occurred below the connecting bullish trendline with support at $2,515. If it stays above the $2,475 support, it could start a new rally. Ethereum price remains supported Ethereum price continued to rise after breaking the resistance level of $2,420. ETH has surpassed $2,450 and $2,500 but…
ERC-404 tokens have plummeted, while PANDORA and DEFROGS have seen massive declines over the past 24 hours. Pullix (PLX) is about to launch a hybrid exchange, and PLX pre-sale volume has exceeded $5.3 million. While the cryptocurrency market is heating up with recent gains, the ERC-404 token ecosystem has experienced significant declines. In the last 24 hours, PANDORA, DEFROGS and RUG have all posted double-digit losses. Meanwhile, Pullix (PLX), a new platform breaking away from Ethereum’s experimental token standard, is about to be launched. PANDORA leads the ERC-404 slump As mentioned above, ERC-404 is an experimental token standard on the…
If you are new to the world of cryptocurrency investing, you may have come across a little-known digital asset called Pebble Coin. Although Pebble Coin is not as widely recognized as Bitcoin or Ethereum, it is gaining attention in the cryptocurrency community as a potential hidden gem for investors. What is Pebble Coin? Pebble Coin is a decentralized digital currency that aims to provide fast, secure, and scalable payment solutions to users around the world. It is built on a unique blockchain platform that utilizes advanced encryption to ensure the security and privacy of transactions. With a focus on user…
reporter Posted on: February 12, 2024 Ethereum fees soared 270% between February 5th and 9th. ETH is up over 9% in USD terms over the past week. The blockchain ecosystem has seen rapid growth in recent years, with several new projects emerging and existing projects evolving. However, amidst all these developments, Ethereum (ETH)’s status as the leading revenue-generating protocol has not been threatened. According to AMBCrypto’s research into cryptocurrency fee data, the smart contract network collected $8.6 million in fees in the last 24 hours, which is significantly higher than any other project on the list. To give a sense…
Bitcoin’s recent performance and continued upward trend has created palpable excitement among cryptocurrency enthusiasts and investors alike. In a groundbreaking move, Bitcoin established itself as the world’s 10th largest asset, overtaking stalwarts such as Berkshire Hathaway, Tesla and JPMorgan. The cryptocurrency’s market capitalization, approaching $1 trillion, reflects its tremendous rise, highlighting the growing prominence of major cryptocurrencies and solidifying their position in the financial markets. As Bitcoin continues its meteoric rise, its current price of $48,200 reflects a surge in value that has captured the attention of both seasoned and novice investors. This rise is especially notable when compared to…
Find out about the number of Dogecoins and their impact on the cryptocurrency market. Explore the unique and unlimited supply of Dogecoin and its global spread. Over the past few years, cryptocurrencies have taken the world by storm, offering a plethora of digital currencies, from well-known ones like Bitcoin (BTC) and Ethereum (ETH) to more niche and quirky currencies like Dogecoin (DOGE). Yes. ). In this article, we examine the details of Dogecoin while addressing fundamental questions. How many Dogecoins are there? Dogecoin: A Brief History Before we dive into the numbers, let’s take a look back at the origins…
Despite the strong cryptocurrency presence, Super Bowl LVIII marked a shift in advertising trends from cryptocurrency advertising to entertainment and traditional brand promotions on financial technology topics. Rumors in the cryptocurrency community that there will be no cryptocurrency advertising for Super Bowl LVIII have been confirmed. Unlike previous years, especially the 2022 Super Bowl LVI, where crypto advertising was prominently featured by companies like FTX, led by high-profile ads featuring celebrities like Larry David, there is a significant change this year. The focus has clearly shifted away from financial technology topics and towards “fun, humor, and entertainment,” and cryptocurrency exchange…
Bitcoin has been hovering around $48,000 since yesterday, up 11% from this time last week.As of this writing, the price of Bitcoin is $47,846.90. It fell 0.8% over the past 24 hours. However, according to Into the Block, 91% of BTC holders are still holding cash or enjoying unrealized profits. As a result, seasoned trader and Look Into Bitcoin founder Philip Swift’s advice is simple: Hoddle.Bitcoin The current market capitalization has reached approximately $940 billion. This is still 26% below the all-time high of $1.28 trillion last seen during the fall 2021 bull run.This also means that traders who bought…