Layer 1 • February 4, 2024 5:27 PM EST Posted 1 minute ago In ~ After four months of increased trading volume, there was an increase in volume worth $1.21 trillion. Bitcoin BTC -1.02% According to data from The Block, this is the amount moved on-chain in January 2024. This is the largest amount of value moved on-chain since September 2022, when the price of Bitcoin was around $20,000. The fact that Bitcoin has failed to surpass $1 trillion in trading volume in any month of 2023 except for December, as well as Bitcoin’s record low active supply, suggests that…
Author: Crypto Flexs
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Flare, Pendle, and Chainlink had the biggest gains this week. Jupiter, Manta Network, and SATS emerged as the biggest losers this week. This week has seen both successes and setbacks for the cryptocurrency market. Below is a list of AMBCrypto’s biggest winners and losers from January 28 to February 3. biggest winner flare The biggest winner this week was Flare (FLR), according to data from CoinMarketCap. AMBCrypto’s analysis of FLR shows that it began the week on January 29th trading at around $0.022 and ended February 3rd at around $0.027. This upward trajectory represented the largest increase of the week,…
VGX Foundation and Gala Games Collaborate to Develop New Web3-Enabled Games – Chainwire housenewsroomVGX Foundation and Gala Games join forces to develop new Web3-enabled games 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 expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage…
Social media has become an integral part of our daily lives, connecting people from all over the world and providing a platform to share ideas, opinions and experiences. With the rapid advancement of technology, the potential for social media to revolutionize the way we interact and transact has become more apparent than ever. Rise of SocialXbotCoin SocialXbotCoin is a blockchain-based platform that aims to revolutionize the social media landscape by leveraging the power of cryptocurrency and decentralized networks. The platform allows users to create, share and monetize content while also providing a safe and transparent environment for interaction. One of…
Ethereum is currently trading at $2,290, up slightly by $0.17 over the past week. Although it lacks much action and has been trading around $2,300 all week, on-chain data on the outflow has revealed the current sentiment among traders. According to data from on-chain analytics firm IntoTheBlock, $500 million worth of ETH was withdrawn from centralized exchanges this week, bringing total outflows over the past month to $1.2 billion. Ethereum outflow from exchanges surges Ethereum experienced an unexpected price increase After approval of spot Bitcoin exchange-traded fund in the United States. As a result, various on-chain data revealed strong bullish…
Kaspa (KAS) Blockchain is a decentralized, open source, and scalable layer 1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, despite operating very similarly to Bitcoin, Kaspa is unique in its own right. Like Bitcoin, Kaspa Proof of Work (PoW) Although it is a cryptocurrency, unlike other traditional blockchains, Kaspa GHOSTDAG Protocol. This protocol is unique in that there are no orphan blocks created in parallel. Rather, it enables coexistence and provides order through agreement. This makes Kaspa the first company to do this. BlockDAG The (block-directed acyclic graph) protocol is a generalization of Nakamoto’s consensus.advertising…
Posted 1 minute ago In ~ Over the next month, many cryptocurrency projects will unlock significant amounts of tokens. Here’s a breakdown of the most important unlocks and airdrops for the month of February, according to TokenUnlocks data: Significant unlocksapartment appropriate -4.66% At current prices as of February 11th, we plan to unlock approximately 25 million tokens worth $222 million, representing over 7% of the token’s circulating supply. Aptos is a Layer-1 network similar to: Sui Sui +2.80% It grew out of Facebook’s Libra project. Next, the sandbox will unlock 250 million tokens, worth $88 million at current prices as…
February 1st Mobile App Change Log 6.14.0 Latest updates and optimizations for the Bitfinex mobile app We are pleased with the gift Version 6.14.0 Bitfinex mobile app The latest update to the Bitfinex mobile app includes general improvements. You can also download the latest version of the Bitfinex mobile app from: Android application package (APK). Leave a review on the App Store Bitfinex Mobile User App Survey! The changes below have been suggested by our active customer base. Customers’ feedback is very valuable to us. Sign up Fixed issue with subscription Terms of Service agreement.Updated to replicate the web path…
The Kaspa (KAS) blockchain is a decentralized, open source, scalable layer 1 solution called “Bitcoin 2.0”. Founder Yonatan Sompolinsky developed the unique GHOSTDAG protocol to solve the blockchain trilemma. Kaspa is similar to Bitcoin in structure and functionality, both use proof-of-work, but the GHOSTDAG protocol allows orphaned blocks to coexist and be ordered. Blockchain’s fast transaction confirmations, low fees, and secure encryption make it an attractive alternative to Bitcoin. KAS Coin is the native token used for transaction fees and miner rewards. Its price has experienced significant growth, with a current market capitalization of $2.38 billion. This article originally appeared…
Chainlink’s LINK token exploded to its highest level in nearly two years this week due to increased on-chain activity from dormant wallet holders. The Oracle Network leader has seen massive price increases as long-term holders resume trading with cached LINK files. TLDR Chainlink’s LINK token surged to a 22-month high of around $18, driven by increased circulation from previously dormant wallets. Santiment data shows a spike in the “Time in Use” metric as long-locked coins are put back into active use. Inflows into the dormant LINK reentrant network are likely what triggered the recent price rally. Chainlink continues to establish…