One closely watched cryptocurrency strategist believes that the altcoin market will see a strong rally in the coming weeks. Household analyst Rekt Capital told his 394,800 followers on social media platform said. Provider Chainlink (LINK). With both SOL and LINK witnessing a rally over the past few days, Rekt Capital said the altcoin market may be gearing up to repeat last quarter’s strong performance. “Both SOL and LINK started their first altcoin rallies a few months ago. They were the best performers in the altcoin hype cycle in Q4 2023. Both SOL and LINK are showing upward trends. We are…
Author: Crypto Flexs
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Bitcoin, the largest cryptocurrency asset, is currently at a standstill in the eyes of many investors considering current market factors. The cryptocurrency has traded between $41,000 and $45,500 for most of last week after recovering from a brief dip below $40,000 on January 23. Although the price action was not very impressive, on-chain data showed that large holders were adding more money to their wallets, pushing the total number of wallets to a 15-month high. At the same time, holding patterns indicate that smaller whales are adding to their holdings to join the next round of retainers. large holder accumulation…
With the rise of cryptocurrencies in recent years, many new coins have hit the market, each with their own unique features and benefits. One of the coins that is making waves in the cryptocurrency community is X11 Coin. This innovative cryptocurrency has the potential to revolutionize the way we think about digital assets and has the potential to become a major player in the future of cryptocurrencies. Origin of X11 Coin X11 Coin was created in 2014 by developer Evan Duffield as a response to the limitations of existing cryptocurrencies. Duffield wanted to create digital assets that were scalable, secure,…
airdrop season It’s in full swingApps, protocols, and other projects are picking up on the signs of an impending bear market and finally abandoning their tokens, potentially rewarding millions of cryptocurrency users in the process.What exactly is it? airdrop, but? For cryptocurrency tokens, airdrops are typically a way for a project to reward early users and contributors by giving them a portion of newly released tokens, while also disseminating the tokens widely for decentralized governance.There are going to be some pretty attractive airdrops in the coming months involving blockchain networks and tokens geared specifically for gaming. Here’s what’s next for…
Shiba Inu is basically a dog-themed altcoin that is considered a decent alternative to Dogecoin. Despite market volatility, mainly due to major tokens such as BTC and ETH, the value of SHIB continues to fluctuate. ShibaSwap is a DeFi platform that has all the essential elements of a decentralized exchange, DEX. The Shiba Inu team is working to release a v2 version in the future, which is causing both optimism and ambivalence within the community. This article explores the impact on the price of SHIB, highlighting both sides. potential positive impact For reference, SHIB is currently trading at $0.000009065 and…
join us telegram A channel to stay up to date on breaking news coverage The Bitcoin Minetrix (BTCMTX) pre-sale project has significant potential to capitalize on the current surge in the cryptocurrency market, with Bitcoin continuing to hold a prominent position with high expectations. Emerging as a unique platform, it offers an innovative approach to cloud mining, making decentralized Bitcoin mining accessible to everyone regardless of technical expertise or financial resources. Bitcoin Minetrix attracts crowds with its unique Stake-to-Mine investment concept. Establishing itself as a major player in the cloud mining sector, Bitcoin Minetrix has successfully raised over $10 million…
The LBR native token of decentralized finance protocol Lybra Finance has experienced significant price volatility over the past week as major supporters have sold off the asset. Lybra Finance, developer of the high-yield eUSD stablecoin, aims to maintain a stable $1 peg and generate revenue from collateralized floating staking tokens. In January 2023, the DeFi protocol reached its maximum TVL of nearly $400 million. LBR price drop by 50% SpotOnChain, a prominent blockchain analytics firm, reported that Key Opinion Leaders (KOLs) and anonymous addresses holding significant amounts of LBR tokens control a significant portion of the network’s Total Value Locked…
Bitcoin is fixing money. Thanks to Bitcoin, anyone around the world can freely transfer money through a peer-to-peer network without going through a financial institution. It is money that cannot be censored by authorities, devalued by governments, monopolized by corporations, and blocked by borders.However, when it comes to trading, you still need to do it through a trusted third party. Why is that a problem? Because trusted third parties have always been and always will be a security hole. Bitcoin trading stoppedBoth individuals and financial institutions rely on trusted third parties, such as clearinghouses and exchanges, to clear Bitcoin spot…
BRC-20 Token We open up opportunities for developers to build their own decentralized applications (dApp) has a unique economics of the Bitcoin network. It fosters community participation through an internal currency and attracts investment through an innovative token sale structure. BRC-20 tokens are fungible tokens. Bitcoin A network that uses the Ordinals protocol. It also leverages inscriptions containing JavaScript Object Notation (JSON) data to facilitate token contract deployment, token issuance, and token transfer. The current BRC-20 token standard allows you to create BRC-20 tokens using the distribution function, mint a specified quantity of BRC-20 tokens using the mint function, and…
This week, there has been a surge in cryptocurrency crackdowns around the world, with the United States, Germany, and Hong Kong taking center stage. Chris Larsen, Ripple’s co-founder and chairman, suffered a massive hack. Meanwhile, FTX has revealed plans to reimburse customers in full. enforcement action Several enforcement actions rocked the cryptocurrency scene this week, with the United States accounting for a significant amount. The U.S. Department of Justice (DoJ) has charged Belarusian national Aliaksandr Klimenka in a case related to Russian cryptocurrency exchange platform BTC-e. In a subsequent enforcement action, the DoJ charged two New Jersey school employees, Jeffrey…