Chainlink (LINK) has been experiencing strong positive price activity for three weeks now and is well ahead of the overall cryptocurrency market. connection Prices have skyrocketed It has risen more than 48% since January 25, surpassing $20 on February 11 for the first time since February 2022. Amid this price surge that has pushed the cryptocurrency closer to Dogecoin in the market capitalization rankings, on-chain data has shown consistent whale accumulation. One whale in particular has amassed $83.6 million worth of LINK over the past five days. Chainlink Overtakes Dogecoin in Market Capitalization Chainlink’s price movements this year are: amazing,…
Author: Crypto Flexs
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Magic Square Launches Participation-Revenue Campaign with $750,000 Prize Pool – Chainwire housenewsroomMagic Square launches participatory campaign with $750,000 in prize money 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 network. Technical storage or access is necessary…
Adedeji Owonibi advocates for cryptocurrency regulation in Nigeria to combat financial crime, ensure the security and scalability of the industry, and address the complexities of tracking illicit transactions. Intensifying calls for cryptocurrency regulation in Nigeria have highlighted the urgent need to address financial crime, particularly money laundering, in the burgeoning digital currency sector. Adedeji Owonibi, co-founder of A&D Forensics, has been at the forefront of this advocacy, emphasizing the role of regulation in curbing these illegal activities. His insights highlight the complexities and challenges of cryptocurrency trading and highlight the need for government intervention through regulation. Owonibi’s position on this…
“Historically, block rewards have influenced prices by introducing potential selling pressure into the market, with the possibility that every newly mined Bitcoin could be sold,” Zhao wrote. “Currently 6.25 Bitcoins mined per block is equivalent to approximately $14 billion per year (assuming a Bitcoin price of $43,000).”
Bitcoin Cash price rose more than 15%, breaking the $275 resistance line. BCH is currently facing strong resistance near $282. Bitcoin Cash price began a new surge above the $250 resistance level. The price is trading above $265 and the 100 simple moving average (4-hours). On the 4-hours chart of the BCH/USD pair (data feed from Kraken), there is a major bullish trendline forming around support at $258. A break above the $282 resistance zone could see the pair continue to rise. Bitcoin Cash Price Rally Above $270 Bitcoin Cash price began a steady rise after establishing a base above…
One cryptocurrency strategist predicts that Bitcoin (BTC) will maintain its upward trend, closing at $48,000. Pseudonym analyst Inmortal says The 206,200 followers on social media platform “The cryptocurrency has no new entrants and its current price is $48,000. Imagine when the masses come in like in 2021. We will soon rise much higher… Bitcoin is trading at $47,526 at the time of writing, up more than 5% in the last 24 hours. merchant island Believe Floki (FLOKI), a dog-themed cryptocurrency asset, may be one of the best-performing memecoins this market cycle. “Today’s candle +20%. I’ve said it before and I’ll…
SatsCrap, a Bitcoin commodities trading marketplace, has unveiled a new feature called Bitcoin and AI-powered Auctions, streamlining the process of selling commodities for SATs, according to a press release sent to Bitcoin Magazine. This marketplace allows users to easily list, bid on, and purchase items while transacting with Bitcoin without KYC.“Bitcoin is rebalancing global prices,” says Chris Tramount, CEO of SatsCrap’s parent company, Scarce City. “We are creating an option for people to exchange their junk, which will lose value in Bitcoin over time, for future hard currency.”Sellers on SatsCrap are required to deposit a small amount of Bitcoin as…
Are you tired of watching your savings account grow at a snail’s pace? Want to find a way to double your cash without taking unnecessary risks? Meet BitCredit, a revolutionary new financial tool that is taking the world by storm. With BitCredit, you can invest your money on a safe and reliable platform that guarantees you double your returns in half the time. Discover the secret to doubling your cash with BitCredit! What is Bitcredit? BitCredit is a cutting-edge financial technology that leverages the power of blockchain and cryptocurrency to deliver unparalleled returns on investment. BitCredit leverages sophisticated algorithms and…
Recently, Ethereum (ETH) co-founder Jeffrey Wilcke’s wallet deposited 4,300 ETH on a cryptocurrency exchange. Wilcke’s deposit was 22,000 ETH, which at the time was worth about $41.1 million. With Ethereum’s current price at $2,500, this deposit has brought new attention and excitement to the market. Ethereum Co-Founder Transfers 22K ETH: Impact on Price Despite these significant deposits, the overall trend of Ethereum’s netflow is not affected. This deposit comes after a significant gap, with the last recorded transaction from this wallet dating back to June 2023. Co-founder Jeffrey Wilcke #EthereumDeposit 4,300 $ETH(USD 10.7 million) ~ #kraken 7 hours ago.https://t.co/STceT5cQmT pic.twitter.com/ROG0evjirh…
Cryptocurrency exchange Binance this week unveiled comprehensive anti-corruption measures, including a bounty worth up to $5 million, following allegations of insider trading related to its recent token listing. The incident involves the Ronin token, which powers the popular blockchain gaming network Ronin. TLDR Binance has offered a $5 million reward for information on potentially corrupt employees after accusations that its listing process was leaked. The Ronin (RON) token plunged 18% in the first hours of its listing on Binance, sparking insider trading speculation. Binance co-founder Yi He announced an overhaul of the listing process, including stricter controls, firings for leaks,…