reporter Posted on: November 30, 2023 MATIC’s exchange supply has been steadily increasing. However, market sentiment showed slowing demand among retail investors. The recent surge in Polygon (MATIC) supply on cryptocurrency exchanges may not be due to actual demand for the token in the general market. In a new report, anonymous CryptoQuant analyst Joao Wedson found: “Recently, we have witnessed an unusual scenario in which the price of MATIC rose significantly and the reserves held by the exchange also increased significantly. However, upon closer analysis of this situation, it becomes clear that price movements may not be directly aligned with…
Author: Crypto Flexs
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In the latest developments today, Litecoin whales appear to be accumulating a huge amount of LTC, which could be quite positive for the network, especially as the halving event approaches. In a tweet shared yesterday, July 18th, by a cryptocurrency analyst using the Twitter account @ali_charts, he said: Confirmed We confirmed this trend using data from on-chain analytics firm Santiment. According to @ali_charts, Litecoin whales holding between 100,000 and 1,000,000 LTC have acquired 590,000 LTC (worth $59 million) in the last two days. #Litecoin Whales purchased more than 590,000 units. $LTC It was worth about $59 million in the last…
Bitcoin BTC -0.90% The rapid upward price trajectory over the past 24 hours has resulted in nearly $30 million worth of Bitcoin short liquidation.In the last 24 hours, over $119 million was liquidated in the cryptocurrency market. The majority of these liquidations, $73 million, were short positions. Bitcoin short positions accounted for the lion’s share of the damage, with more than $29 million worth of short liquidation in the last 24 hours, according to Coinglass data.The extinction of short positions occurred as Bitcoin retraced its steps after breaking through the $38,000 level this morning. The largest digital asset by market…
TL;DRA crypto wallet passphrase is an optional feature that can be used in addition to your seed phrase to restrict access to your crypto wallet. It is also defined by BIP-39 standard with the seed phrase itself.Passphrases offer extra security in the event that your seed phrase is exposed, or if someone else gains access to your hardware wallet. Passphrases also allow you to create multiple crypto wallets from a single seed phrase – in this way, you could even create a dummy wallet that would provide “plausible deniability” of your true holdings. If you lose your passphrase, you will…
Cryptography is increasingly being introduced into our daily lives. Cryptocurrencies are gaining more and more features that bring them closer to fiat currencies. Not only can you buy it, you can also earn it. What is STEPN (GMT)? STEPN runs on the Solana blockchain and is sold as a “Web3 Life Application.” It’s essentially a fitness app with GameFi elements. STEPN aims to revolutionize the fitness industry through gamification. Users are rewarded with tokens to encourage them to lead a healthier lifestyle. To join the community, you need to download the app, create a wallet, and purchase NFT sneakers. As…
Wazdan is bringing it back for winter! Yes, the award-winning Mystery Drop is back and hotter than cocoa on a snowy day. Mr. next door We promise a prize pool hot enough to melt Frosty! They became very popular, winning the Game Feature of the Year award for their famous Cash Drop promotion. Just like the plot twists of your favorite show, what you win is always unpredictable. And the Christmas edition is no different! Wazdan’s Xmas Box Cash Drop gives you a great gift with cash boxes ranging from $5 to $300. And the best part is, there are…
Streamr Announces Launch of Testnet 1 for Streamr 1.0 – A New Milestone in the Decentralized Data Economy – Chainwire housenewsroomStreamr announces launch of Testnet 1 for Streamr 1.0, a new milestone in the decentralized data economy We use cookies to make Chainwire’s website a better experience. 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over…
The EEA team, masquerading as Managing Director Dan Burnett, Technical Program Director Chaals Nevile, and Sales Director James Harsh, attended Coindesk’s Consensus this year held in Austin, Texas from April 26-28. . Here are some highlights as reported by our team and other news outlets: The main topic of the conference was regulation, and there is no doubt about regulatory uncertainty, especially in the United States. Among the key industry figures who expressed concern was Paul Grewal, Coinbase’s chief legal officer. During the panel discussion, Grewal pointed out that the company is preparing for a potential lawsuit from the SEC,…
Chainlink’s LINK price recovered above the $6.50 resistance level. The price is now correcting to the upside, but could look for bids near $6.40 and start a new increase. Chainlink price is showing positive signs above $6.5 against the US dollar. The price is trading near the $6.50 level and above the 100 simple moving average (4-hours). The 4-hours chart of the LINK/USD pair (data source from Kraken) has a connected bullish trend line forming with support near $6.40. Unless it closes below the $6.40 support, the price may rise again. Chainlink (LINK) price turns green LINK price, which showed…
Bankrupt cryptocurrency exchange FTX has received permission to sell approximately $873 million worth of trust assets, with the proceeds expected to be affected by the exchange’s collapse in 2022, according to documents filed in Delaware Bankruptcy Court on November 29. It was used to repay creditors who received the money.The $873 million in assets will be funded from FTX’s stake in various trusts issued by cryptocurrency asset manager Grayscale Investments (valued at $807 million) and custody service provider Bitwise (valued at $66 million). no see. Court documents mention a total of $744 million in assets, but this is based on…