On Tuesday, the Solana blockchain experienced a massive outage that halted the network’s mainnet operations for approximately five hours. The outage marks the 11th such incident and has raised concerns about the stability and security of blockchain.Day Kind of over the last two years. Do you kick Solana when she’s down? On February 6, the Solana blockchain network suffered a severe outage that lasted 4 hours and 46 minutes, halting network operations and raising questions about the trustworthiness of the blockchain, leading to intense criticism for the project. The cryptocurrency community has taken no time to share its thoughts on…
Author: Crypto Flexs
Whales increased their Ethereum holdings last week. ETH’s daily chart was green and the indicators looked bullish. Ethereum (ETH) Investors showed tremendous confidence in the token as they continued to stockpile at press time. This accumulation occurred just days before Ethereum’s upcoming major Dencun upgrade, scheduled for February 8th. Will Dencun Upgrade Help Spark a New Rally for ETH? Is Ethereum under high buying pressure? $500 million worth of Ethereum tokens was withdrawn This only happens on exchanges in the last 7 days. In fact, considering withdrawals over the past 30 days, that number comes to $1.2 billion. This clearly…
As the cryptocurrency market prepares to enter another bull market, meme coins have come to the forefront with their fast moves and potential for huge profits. During the bear market, many meme coins were created and many of them disappeared. However, there were some companies that stood the test of time and promised huge profits in the first bull market. Pepe Coin (PEPE) is a Leading Meme Coin with Potential The rise of Pepe Coin (PEPE) in 2023 has been impressive, rising from a bear market to a market capitalization of over $1 billion. Since then, the meme coin has…
The Bank of England and the Financial Conduct Authority have extended the deadline for feedback on stablecoin regulation to February 12, aiming for a comprehensive and comprehensive regulatory framework. Bank of England (BOE) and Financial Conduct Authority (FCA) has actually extended the comment period on stablecoin regulation discussions in the UK, with a new deadline set for February 12th. The purpose of this extension is to gather more comprehensive feedback to help build a more comprehensive regulatory framework for cryptocurrencies in the UK. uk. The decision to extend the comment period reflects the UK’s commitment to creating a sensitive and…
The NBA is facing a lawsuit over its promotional partnership with the now-defunct cryptocurrency exchange Voyager Digital Holdings Inc. According to investors, the partnership resulted in a financial loss of $4.2 billion. According to a Bloomberg report, the NBA has been accused of serious negligence over a promotional agreement involving Voyager and former Dallas Mavericks majority owner Mark Cuban. The legal action follows previous lawsuits over Cuban’s support of what is now considered a fraudulent and unregulated venture. In 2022, investors charged Mark Cuban with fraud over Voyager’s security guarantees, claiming his statements contributed to their financial losses. The Cuban…
Traditionally, there has been a distinction between investors who engage in directional trading (e.g. betting that some stocks will rise or fall) and dealers (usually large institutions that buy both sides of the market to provide liquidity for traders). The previous definition of broker included any firm “engaged in the buying and selling of securities as part of its regular business,” with “regular business” essentially meaning market-making services.
XRP The token has been in a downward trend for some time now, struggling between $0.49 and $0.50, making it one of the most affected cryptocurrency assets amid the general bearish sentiment in the market. XRP could surge to $10. Even though the digital asset is currently in a bearish phase, we can expect significant price appreciation for the coin. Several crypto analysts are bullish on the token and have predicted a significant upward move that could push XRP to new all-time highs. one of the popular cryptocurrency expert Sharing his optimistic outlook on the asset is Crypto Patel. patel…
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The Securities and Exchange Commission (SEC) has charged Florida-based TradeStation Crypto, Inc. with failing to register the offer and sale of cryptocurrency lending products that promised investors a way to earn interest. The agency announced the charges on Wednesday and said TradeStation had agreed to settle the charges and pay a $1.5 million fine without admitting or denying the SEC’s findings. name.TradeStation is a mainstream financial platform founded in 1982 and acquired by Japanese financial group Monex in 2011. In 2020, it began offering cryptocurrency savings accounts that allow customers to earn interest. As of 2021, TradeStation has 11,122 active…
Cryptocurrency Analyst Jaydee In recent years, the following historical patterns have been highlighted: XRP price is parabolic movement soon. Looking at history, it is believed that XRP has the potential to surge 4,000% if this pattern finally takes shape. XRP Price Test 10 Year Trendline Jaydee has been released as X (formerly Twitter). post XRP price is currently testing the 10-year trendline. This move is significant because the analyst noted that the price of XRP rose 39x and 650x during the last two times this trendline was tested. In particular, it increased 650 times in 2017. A notable year for…