As institutional interest in the cryptocurrency sector grows, the prices of some large altcoins, including Optimism (OP) and Kaspa (KAS), are on the verge of hitting record highs. With billions of dollars flowing into Bitcoin ETFs, native cryptocurrency investors appear to be reinvesting their profits into altcoins. After weeks of uninterrupted gains between January 23 and February 16, the global altcoin sector grew by $108 billion as several large altcoins hit new all-time highs this month. Caspar (KAS) Price: 7% Down from All-Time High Kaspa (KAS) is a layer 1 proof-of-work (PoW) cryptocurrency that currently ranks 31st on the global…
Author: Crypto Flexs
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Ethereum (ETH) competitor Cardano (ADA) saw its total value locked (TVL) explode in the fourth quarter of 2023, according to cryptocurrency analytics firm Messari. In the new quarterly report, Messari pointed out that Cardano’s TVL hit an all-time high of $449 million on December 14 and increased 166% in the fourth quarter compared to the previous quarter. The project’s rapid growth in the fourth quarter also contributed to an increase of 693.4% compared to 2022. TVL represents the amount of capital deposited within a protocol’s smart contracts and is often used to measure the health of the cryptocurrency ecosystem. Source:…
As of Friday, February 16, 2024, the value of Bitcoin has hovered between $51,850 and $52,350, and on-chain insights from Arkham Intelligence show that Nasdaq-listed cryptocurrency exchange giant Coinbase is currently holding over 1 million Bitcoins. It appears that they have it. Based on current market prices, the San Francisco-based company’s assets are worth just over $52 billion. Coinbase shines (…)
With the rise of cryptocurrency, there is no shortage of new coins and tokens entering the market. One of the tokens that is receiving attention is Camcoin. But what exactly is Camcoin and why is it being touted as the next big thing in cryptocurrency? In this article, we will uncover the secrets of Camcoin and explore its potential to be a game changer in the world of digital currencies. What is CamCoin? Camcoin is a decentralized digital currency that operates on a peer-to-peer network. Built on the Ethereum blockchain, it utilizes smart contracts to enable safe and transparent transactions.…
Chromia and RSTLSS join forces to bring digital asset design to Web3 users – Chainwire housenewsroomChromia and RSTLSS join forces to provide digital asset design to Web3 users We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
If Joe Biden wants a smart, friendly AI chatbot to answer his questions, his campaign team won’t be able to use Anthropic’s ChatGPT competitor Claude, the company announced today.“We do not allow candidates to use Claude to build chatbots that can pretend to be themselves, and we do not allow anyone to use Claude for targeted political campaigns,” the company said in a statement. Violations of this policy will result in a warning and ultimately suspension of your access to Anthropic services.Anthropic’s public statement of its “election misuse” policy comes as the potential for AI to generate large quantities of…
Federal Reserve Governor Christopher J. Waller has defended the U.S. dollar’s dominance in the global economy, emphasizing its role as a real currency, a financial asset, and the preferred unit of account. Christopher J. Waller, Federal Reserve, in a recent address at the “Climate, Currency and Central Banks” conference sponsored by the Global Interdependence Center and the University of the Bahamas. The governor spoke about the continued dominance of the US dollar in the global economy. Amid speculation and concerns about a possible decline in the dollar’s status as the world’s reserve currency, Waller’s remarks highlighted the dollar’s strong position…
join us telegram A channel to stay up to date on breaking news coverage Meme coin investors are recognizing how a coin that appears as a joke can develop into a coin with serious market performance. But these meme tokens are more than just currency. They summarize the trend. The community supports this token not just for its profit potential. They also promote the inclusive meaning they symbolize. Floki has established itself as a utility memecoin that combines utility and memes. Utilizes Binance Smart Chain and Ethereum with BEP-20 and ERC-20 tokens. The coin is at the core of the…
Coinbase International Exchange announced that it will soon be adding three altcoin derivatives. Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR) are added to the list of supported altcoins. The goal is to provide users with access to a broader range of innovative cryptocurrencies. Three altcoins listed on Coinbase International Exchange This strategic expansion will begin with the opening of the DOT-PERP, ICP-PERP and NEAR-PERP markets. Ultimately, this highlights Coinbase’s vision to diversify its products. This launch, scheduled before 10:00 UTC on February 22, 2024, marks an important milestone in the exchange’s journey to embrace altcoins. Despite the significance…
February 16th What is Starknet (STRK)? Posted at 15:58h Uncategorized by admin Developed by StarkWare, StarkNet represents a cutting-edge layer 2 scaling solution designed to improve scalability and privacy of blockchain networks, with a specific focus on Ethereum. By leveraging zero-knowledge rollups (ZK-Rollups), StarkNet can process thousands of transactions off-chain before bundling them into a single transaction on the Ethereum mainnet. This approach significantly reduces the gas fees and network congestion typically associated with Ethereum’s high transaction volumes, making blockchain applications more efficient and accessible to a wider audience. One of StarkNet’s core technologies is STARK (Scalable Transparent ARgument of…