The cryptocurrency market has recently reacted positively to the approval of several spot Bitcoin exchange-traded funds (ETFs) in the U.S., sparking discussion about the possibility of meme coins being bullish. A parabolic cryptocurrency bull market has yet to materialize, but the approval of a spot BTC ETF has increased interest and confidence in the broader cryptocurrency space, including meme coins. Now the market is bigger than ever with an unprecedented number of projects, layer 1, layer 2, and of course meme coins. This has led to a situation where the benefits of additional capital inflows are spread more thinly across…
Author: Crypto Flexs
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Posted 1 minute ago In ~ While this fall has undoubtedly seen a significant increase in Bitcoin NFT transactions, the volume of Ethereum NFTs traded on-chain is currently at its highest weekly level since the week of February 26, 2023, according to data from The Block. The increase in Ethereum NFT volume comes as Pudgy Penguins, currently the third-largest NFT collection by market cap, is approaching the market cap of the Bored Ape Yacht Club collection, owned by rival Yuga Labs. Yuga Labs also owns Cyberpunks, the #1 collection by lowest price. Pudgy Penguins is currently developing Pudgy World, an…
Clinton Vs. Novogratz’s fierce war of wordsAt the Bloomberg New Economy Forum, Hillary Clinton and Mike Novogratz clashed over Bitcoin’s role in dedollarization. Clinton warned about Bitcoin undermining the dollar as a reserve currency, while Novogratz criticized politicians’ reckless spending. The cryptocurrency community supported Novogratz’s stance, questioning how something worthless could undermine fiat currency. The debate extends beyond rhetoric, with companies like Galaxy Digital and MicroStrategy offering investment vehicles that can protect against a weaker dollar. Although Bitcoin’s future impact on the dollar remains uncertain, conversations about the dollar’s reign and a possible cryptocurrency collapse are just beginning, providing insight…
Blockchain technology is emerging as a potentially powerful solution to the ongoing problem of counterfeit medicines in the pharmaceutical sector. According to a forecast by Goldstein Market Intelligence, the cost of counterfeit medicines this year is expected to reach $5.3 billion. Despite these challenges, industry experts express optimism that blockchain technology will have a transformative impact in solving these pressing problems. Is blockchain the solution to counterfeit drugs? In a recent interview with Sunday PUNCH, Oluseyi Akindeinde, CEO of Hyperspace Technologies, highlighted the potential of blockchain in securing the pharmaceutical sector. Akindeinde emphasized that blockchain’s ability to serialize medicines and…
The next Stateless Ethereum research release is coming in less than a week! There are now hundreds of messages in Telegram chats to keep up with, and only a small fraction of the topics discussed have made it into the ethresearch forums. This post is just a simple primer…
Bitcoin bulls reawakened this week, sending the flagship cryptocurrency surging to its highest level since mid-January. Bitcoin surged past $46,000 in early trading on February 9, posting an 8% weekly gain. The new momentum comes as analysts predict further upside ahead of Bitcoin’s next halving, which is just two months away. TLDR Bitcoin surged past $46,000 on February 9, marking its highest level since January, amid growing market optimism. Analysts expect the price target to reach $51,000 ahead of the Bitcoin halving event scheduled for April. The rise coincides with historic highs for the S&P 500 stock market index and…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEDa1as, also known as C-Finance, is a poorly designed and fraudulent cryptocurrency trading platform that has been used to trick unsuspecting investors out of…
About two months from now, in mid-April 2024, Bitcoin BTC +0.24% A huge change will occur as the rewards for miners who successfully complete a block will be halved. Known as a “halving” or “halving,” this event is often considered bullish for Bitcoin, as the price of Bitcoin has continued to rise following several halvings in the past. But Grayscale analysts warn that there are ways to explain these price increases beyond simple inventory and flow analysis. After all, “other cryptocurrencies with similar halving mechanisms, such as Litecoin… have not seen consistent price increases following halvings, meaning that while scarcity…
The little-known altcoin surged more than 45% over the last day as a new community proposal to upgrade the protocol’s token passed. In a new video update, John Patrick Mullin, CEO of Mantra Chain (OM), said the community has recently: voted Make OM the only token of the project, causing OM to skyrocket. “We didn’t actually decide to do that. Community members presented proposals to the DAO. Say thank you to OG member The King, who has been one of our community members for a long time. He effectively presented a proposal for the Mantra DAO (Decentralized Autonomous Organization) and…
GhostCoin is making waves in the cryptocurrency world, with its mysterious success capturing the attention of investors and enthusiasts alike. In this guide, we will explore the complexities of GhostCoin and explore the factors that contributed to its rise. From its unique features to its potential for long-term success, we’ll uncover the secrets behind GhostCoin’s mysterious triumph. The story behind GhostCoin GhostCoin was founded in 2017 by a group of anonymous developers who wanted to create a privacy-focused cryptocurrency that could provide secure and untraceable transactions. Inspired by other privacy coins like Monero and Zcash, GhostCoin is starting to carve…