A closely followed cryptocurrency strategist is naming one memecoin that he believes will outperform all others in the current bull market cycle. Pseudonym analyst Inmortal says 206,200 followers on social media platform “FLOKI is the meme coin for this bull market. “You can try to change my mind, but you won’t succeed.” Source: Immortal/X A trader’s chart comparing Dogecoin (DOGE) and FLOKI suggests that after FLOKI has traded sideways for most of 2020, like FLOKI did in 2023, DOGE could surge in price the same way it did in 2021. FLOKI is trading at $0.0000277 at the time of this…
Author: Crypto Flexs
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Pools make their members easier targets than the current Bitcoin network targets. Whenever a pool member finds a block with fewer hashes than the pool target, they submit that block to the pool controller to earn a “share.” The pool controller verifies that the hash of the submitted block is less than the pool target and verifies that the coinbase for the block pays the pool controller (or equivalent rule). So “share” is just a way to track the hash rate each member contributes to the pool. The mining process is independent of the target. Therefore, sometimes the hash of…
Elektron, a leading technology company, has been at the forefront of innovation in the electronics industry for decades. Elektron has consistently delivered groundbreaking technologies that shape the future of electronics, with a focus on creating cutting-edge products that push the boundaries of what is possible. latest innovations At the recent Elektron Innovation Summit, the company unveiled its latest innovations that will revolutionize the electronics industry. These innovations include: Advanced robotics with artificial intelligence capabilities Next generation smart home devices with seamless integration High-performance computing system for data-intensive applications Innovative energy-efficient technologies for a sustainable future These new innovations are the…
Get answers to your cryptocurrency investment questions. Learn about 2024 trends, promising coins, market risks, and whether investing in cryptocurrency is wise. Despite a lively rally in December 2023 that saw the overall cryptocurrency market cap increase by more than 16%, reaching $1.66 trillion as of February 6, we are still in the shadow of the 2021 highs. Total cryptocurrency market capitalization from December 23 to February 6 | Source: CoinMarketCap Meanwhile, 2024 started off with good news for Bitcoin (BTC), which finally got the nod with the SEC’s approval of a spot Bitcoin ETF, hinting at institutional acceptance that…
Currently, three European companies – Monerium, Membrane and Quantoz Payments – are issuing on-chain fiat stablecoins under the Electronic Money Directive following a regulation-first approach. Other issuers, including Circle, are in the process of applying for EMI licenses to comply.
Hong Kong’s Securities and Futures Commission (SFC) has issued an official notice mandating all cryptocurrency exchanges to submit certification applications for virtual asset trading platforms (VATPs). The deadline set for completing this work is February 29, 2024. Failure to adhere to this date will result in the facility being closed until May 31st. The notice was published on February 5 and continues to position Hong Kong as a potential cryptocurrency space. We enforce penalties for offenses that may be related to this sector. Regulators have pledged to increase awareness of cryptocurrency and investment scams to protect investors. So far with…
Hedera announced that it has signed a five-year, $250 million contract for blockchain and Web3 initiatives in Saudi Arabia. HBAR prices have risen more than 5% since the massive development. Hedera has signed a $250 million investment deal from the Saudi Arabian government, according to details from the blockchain platform shared today. The deal is part of a five-year agreement signed with the Saudi Ministry of Investment by the Hashgraph Association, a Swiss-based non-profit organization supporting the development of the Hedera blockchain, Hedera posted on X. As part of a five-year contract worth $250 million with the Saudi Ministry of…
South Korean prosecutors have detained three Haru Invest executives on charges of embezzling $826 million worth of cryptocurrency from 16,000 users, highlighting regulatory scrutiny of its cryptocurrency lending practices. Prosecutors booked three executives, including two co-CEOs of cryptocurrency return platform Haru Invest, without detention on charges of embezzlement. They are accused of misappropriating about 1.1 trillion won (about $826 million) from about 16,000 users. The incident has raised global concerns about the stability and transparency of the cryptocurrency sector, especially with regard to cryptocurrency lending practices. As a result of the investigation, it was revealed that Haru Invest advertised that…
Major cryptocurrency exchanges, including Binance, announced the listing of the airdrop token Dymension (DYM) on February 6. This development brings new trading opportunities to Binance users, including the DYM/BTC, DYM/USDT, DYM/FDUSD and DYM/TRY spot trading pairs. Starting Tuesday 17:00 UTC, users will be able to deposit DYM for future trading activity. Withdrawal options are available from 15:00 UTC on Wednesday. List of major cryptocurrency exchanges New airdrop tokens Dymension, a newcomer to the cryptocurrency space, has garnered attention for its innovative approach to securing and interconnecting rollups using the Inter-Blockchain Communication standard. The modular blockchain raised $6.7 million in a…
Aside from the occasional flock of aggressive pigeons, London is generally a city completely devoid of wildlife. That means foxes are excluded. It’s a really strange part of life in London. As you walk home from the tube station after exploring the insides of the city’s many pubs at night, you’ll spot a fox darting down the street. In a well-lubricated state, it is easy to mistake a sighting for a hallucination. I’m not saying that this magical fox encounter I had in London was the inspiration for Smartsoft Gaming’s Foxy Hot 20 slot, but it was the first thing…