The bear market in the web3 ecosystem is over. This was one of the conclusions of DappRadar’s latest annual industry report, which identified several bullish signals heading into the new year. Of these, DappRadar found that 2023 ended with over 4.2 million daily unique active wallets (UAW), a 124% increase from the previous year. Last year, despite several controversies and difficulties, marked the end of one of the longest winters in the short history of the cryptocurrency ecosystem. Fallen icons, regulatory crackdowns and hundreds of millions of dollars in hacks have all made for a turbulent year that has investors…
Author: Crypto Flexs
Read More
Policy • January 13, 2024, 8:28 PM EST Posted 1 minute ago In ~ The Securities and Exchange Commission (SEC) recently released a statement regarding the In a statement from SEC Chairman Gary Gensler, the agency alleges that “an unauthorized party gained access to the @SECGov X.com account by gaining control of the phone numbers associated with the account.” The language is reminiscent of SIM swapping attacks, a common form of X account hijacking that can be mitigated through multi-factor authentication. This is what Gensler once advised in his X post. In a statement, Gensler wrote, “Committee staff is still…
Hedera Council is allocating an additional $4.86 billion to the native HBAR token in a significant step to strengthen network development. The committee that oversees the operations of the Hedera network announced the decision in a blog post on January 12, highlighting a further strengthening of Hedera’s commitment to ecosystem development. The Hedera Board today announced that it has decided to grant Board approval to allocate an additional 4.86 billion HBAR in funding for further development of the Hedera Network and to enable decentralized governance.Most of that allocation – 4.248 billion…— Ivy (@ivy) January 12, 2024 According to the post,…
A closely watched cryptocurrency strategist believes that decentralized exchange (DEX) altcoins are showing signs that they could begin a bullish rally. Trader Ali Martinez says His 40,400 followers on social media platform “A consistent 3-day candle close above $59 could trigger a bullish rally that could push GMX towards its ambitious target of $90!” Source: Ali Martinez/X GMX is a decentralized spot and perpetual exchange offering up to 50x leverage. The project’s underlying asset is trading at $54.50 at the time of this writing, down more than 2% in the last 24 hours. Martinez is not the first digital asset…
Solana (SUN)) Of course it could be so. Continue your amazing steps From 2023, according to the latest analysis: Cryptocurrency analyst Ali Martinez. The analyst laid out certain conditions under which SOL could rise next. Up to $150 soon. How Solana Got to $150 Martinez commented on X (formerly Twitter): post Solana escaped. bull flag This is an evolution of the 4-hour chart he shared. According to him, the cryptocurrency token could rise towards the $150 to $165 price range if it continues to close above $106. However, this was not the case for SOL as price levels have fallen…
ChinaCoin has been creating a lot of buzz in the cryptocurrency world recently. With China being a major player in the global economy, it is no surprise that the idea of a Chinese cryptocurrency has the potential to be a game-changer. But what exactly is ChinaCoin, and why is it getting so much attention? In this article, we will take an in-depth look into the world of ChinaCoin and explore whether it really has the potential to become the next big thing in cryptocurrency. What is China Coin? ChinaCoin is a cryptocurrency supported by the Chinese government. It aims to…
Have you ever been interested in participating in the development of the core Ethereum protocol? If so, we have a new debate program just for you. As part of our EF Protocol Support Initiative, we are excited to announce the following news: “Core Developer Apprenticeship Program”. What to expect Hello 👋, my name is Piper Merriam. I have been a part of the Ethereum ecosystem for some time. It was a really difficult journey. I am reasonably confident that this is the best job I could ever have. This program is my way of helping more people find ways to…
Following the approval of the Bitcoin ETF, the Bitcoin halving in April 2024 will be a major catalyst to push BTC price above $100,000 by the end of the year. Following the U.S. Securities and Exchange Commission’s landmark approval of America’s first spot Bitcoin exchange-traded fund (ETF), cryptocurrency enthusiasts are optimistic about the possibility of BTC price surging past $100,000 this year. Investors in the cryptocurrency industry believe the approval of the Bitcoin ETF is a pivotal step in diversifying the range of investors exposed to major cryptocurrencies. Despite the SEC’s approval of 11 Bitcoin ETFs, Bitcoin price has seen…
join us telegram A channel to stay up to date on breaking news coverage meme coin You can explode with the highest percentage margins. This article highlights various meme tokens that are currently making waves on CMC and other exchanges. Recent events in the cryptocurrency market have seen the global market increase by 0.5% to $1.847 trillion in the last 24 hours. Meanwhile, the memecoin market rose to $22.5 billion, up 1.1% from the previous 24 hours, thanks to the SEC’s approval of the Bitcoin ETF. Current Best Meme Coins and New Meme Token ICO Calendar Moreover, amid growing investor…
Layer 1 • January 13, 2024 5:04 PM EST Posted 1 minute ago In ~ After months of hype and uncertainty surrounding the SEC’s approval of a Wall Street spot Bitcoin exchange trading product, the hopes of cryptocurrency investors appear to have been vindicated.Of the total 11 ETFs approved, 9 Bitcoin ETFs that debuted on the stock market (Grayscale’s ETF is convertible and Hashdex is still converting its Bitcoin futures fund) closed at nearly $1.5 billion in the first two days. Attracted a large amount of new capital. That’s the size of the deal, according to preliminary data shared by…