Lyncoin Introduces Advanced Features and Community-Driven Development – Chainwire housenewsroomLyncoin Introduces Advanced Features and Community-Driven Development We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences…
Author: Crypto Flexs
Read More
Ethereum Ethereum +7.28% Activity has slowed. The number of transactions on the network has fallen to a five-month low, with the seven-day moving average at 1.12 million per day, a level not seen since February.The slowdown isn’t limited to transaction counts either, with the number of active wallet addresses also plummeting, dropping to around 400,000.At first glance, it may seem like Ethereum’s bustling metropolis has suddenly turned into a quiet suburb. But a decline in Layer 1 activity doesn’t necessarily mean the end of the Ethereum ecosystem.While the main chain takes a break, layer 2 solutions are stepping up and…
This week, crypto whales decided to buy some altcoins despite the lack of performance from last week. However, the clear accumulation shows confidence in the short-term potential of cryptocurrencies. The reason is that these whales, who can influence the price, are not simply accumulating as they usually do, but are buying in large quantities at current price levels. The top three for the 4th week of July 2024 are Arbitrum (ARB), Ripple (XRP), and Ondo (ONDO). Crypto Whales Buy Arbitrum Despite YTD Downturn It may come as a shock to see Arbitrum included in the list of cryptocurrencies being bought…
Trust Wallet partners with TON to leverage Telegram’s user base for GameFi and DApps. This integration will enable 100 million users to send and receive Toncoin (TON) tokens. Future plans include TON Connect, DApps integration, and TonKeeper wallet import. As part of a strategic move to expand blockchain adoption, Trust Wallet, a leading self-custodial Web3 wallet provider, has announced a partnership with The Open Network (TON). The goal of this collaboration is to leverage Telegram’s large user base to enhance the integration of game finance (GameFi) and decentralized applications (DApps) and ensure seamless transactions with TON tokens. Trust Wallet users…
Lawrence Jengar Aug 6, 2024 02:44 Learn why objective benchmarks are important for fairly evaluating AI systems and ensuring accurate performance metrics for informed decision-making. According to AssemblyAI, the AI industry is expected to be a $1 trillion market in the next decade and will fundamentally change the way people work, learn, and interact with technology. As AI technology continues to advance, the need for objective benchmarks to fairly evaluate AI systems and ensure they meet real-world performance standards is growing. The importance of objective benchmarks Objective benchmarks provide a standardized and unbiased way…
According to data, more than $1 billion was liquidated in cryptocurrency derivatives markets over the past day as Bitcoin plunged to $52,000. Bitcoin has fallen more than 15% in the last 24 hours. Bitcoin investors were shocked when the market opened on Monday, as the cryptocurrency plunged more than 15%, sending prices to as high as $51,500. References The chart below shows how the asset has performed recently. The price of the coin seems to have plummeted in recent days | Source: BTCUSD on TradingView As you can see from the graph, the recent plunge in the BTC price is…
The Bitcoin (BTC) price plunged 19% on August 5, hitting a nearly six-month low of $49,320. The selloff also pushed Bitcoin futures premiums, often seen as a proxy for optimism among derivatives traders, to their lowest levels in three months. Traders are now debating whether Bitcoin prices below $53,000 are a golden opportunity, or whether the risk of another drop to $47,000 is too high.Bitcoin futures market shows investors are not bullishTo gauge the impact of the recent price crash, we should start by analyzing the Bitcoin futures market. Unlike perpetual contracts, which are usually settled every 8 hours, BTC…
Solana traders and investors lost more than $65 million in the last 24 hours. Experts say Solana (SOL) is not falling naturally but is being pushed down by whales. Geopolitical tensions and Japan’s recent interest rate update have caused the entire cryptocurrency market to plunge by 16% in the last 24 hours. Meanwhile, Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, has experienced a serious breakdown of its $121 support level. This breakdown came as SOL saw a significant price drop of more than 20% in the past 24 hours. Solana’s major faults After this massive price drop and…
Republican presidential candidate Donald Trump was able to make another statement on cryptocurrencies as markets were having a tough day. Trump joined Adin Ross for a livestream interview on the platform Kick, and the two discussed a variety of topics. Ross, 23, rose to fame as a video game streamer on Twitch, but was banned from the platform for repeatedly using profanity. Ross noted the U.S. government’s recent selloff of cryptocurrencies and asked whether he would still support cryptocurrencies if Trump wins the November election. “They shouldn’t be doing it because they have to try to make it happen,” Trump…
Over the weekend, EthereumThe second largest digital asset has taken a hit with a significant price drop, triggering widespread negative sentiment surrounding the cryptocurrency asset and the factors that could be causing the decline. Digging into the issue, popular cryptocurrency analyst and trader Michael Van De Poppe provided insight into the recent price action of ETH, which he said capitulation. Ethereum Price Drops Due to Surrender Michael Van De Poppe, a well-known market expert, said: Provided His insights on Ethereum with the cryptocurrency community on the X (formerly Twitter) platform. His views point to significant selling pressure and panic among…