Author: Crypto Flexs

Sui Foundation and Mysten Labs Debut Sui Basecamp, First Global Conference for Sui – Chainwire housenewsroomSui Foundation and Mysten Labs Debut Sui Basecamp, First Global Conference for Sui We use cookies to make your experience on Chainwire’s website better. 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 a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…

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Since Ethereum (ETH) reached a high of $2,717 over the past two weeks, the asset has experienced a gradual decline, reaching a key demand area that could soon play a significant role in determining the price trajectory, according to a prominent cryptocurrency analyst. I did it. Critical support areas indicate continued bearish movement. Ali, a famous cryptocurrency analyst, pinpointed An important demand zone for ETH between $2,388 and $2,460. The resilience of this support level could pave the way for an upward trajectory, giving Ethereum a much-needed break from bearish pressure. However, if Ethereum falters, a bearish pullback to the…

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Algorand (ALGO) Ventures recently made a strategic investment in Gora Network, a next-generation oracle built on the Algorand blockchain. this investment mean It is a significant advancement in blockchain technology, especially in the area of ​​decentralized oracles. Oracles play a central role in the blockchain ecosystem, acting as a bridge between the blockchain and external systems. They provide smart contracts with access to external real-world data, which is essential for many people. blockchain application. Designed as a decentralized oracle network, the Gora Network aims to power blockchain applications with reliable and secure offline data. The roots of the Gora Network…

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It was a historic moment when the U.S. Securities and Exchange Commission approved 11 applications for Bitcoin ETFs. The community has applauded the speculation that the token will now inch closer to ATH, or at least continue to surge on a daily basis. But the questions surrounding BTC speak to its potential to become a way for people to retain their value. This is because price volatility has not been resolved despite the approval of the ETF application. It was not initially raised considering that all financial or investment products are exposed to market risk. The belief that the BTC…

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According to recent reports, the now-defunct cryptocurrency exchange FTX reportedly sold approximately 75% of Grayscale Bitcoin Trust shares (GBTC) in a matter of days. The sale is estimated to have generated about $600 million, according to people familiar with the situation. FTX quickly offloaded millions of GBTC shares. FTX Real Estate recently sold more than “two-thirds” of its 22.28 million shares, according to a Bloomberg report citing sources familiar with the matter. “Large capital markets ETFs serve a variety of investment strategies, and we expect GBTC’s diverse shareholder base to continue to deploy strategies that influence inflows and outflows.” Additionally,…

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Maxine Waters, the top Democrat on the House Financial Services Committee, said she wanted answers from Meta Platforms, formerly Facebook, amid concerns that its digital asset plans could come under renewed scrutiny. California Democrats sent the following letter: letter On Monday, it expressed concerns to CEO Mark Zuckerberg and COO Javier Olivan about five trademark applications related to digital assets filed by the company over the past year. These applications were intended for projects including “online social networking and dating” services that allow for the exchange of digital currencies, computer hardware and software design related to blockchain, and “currency trading…

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Matteo Greco, Research Analyst at Fineqia International, a listed digital asset and fintech investment firm. (CSE:FNQ) Bitcoin (BTC) ended the week at around $41,600, up slightly 0.4% from the previous week’s closing price of around $41,750. Price volatility has decreased compared to last week, and speculation has come to an end as stability has increased following the SEC’s approval of the ETF. The introduction of the new BTC spot ETF has led to an influx of funds from traditional finance into the digital asset market. The 11 spot ETFs have attracted a total of $1.15 billion in cumulative inflows since…

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The Ethereum Foundation, a non-profit organization dedicated to the blockchain network ecosystem, liquidated $1.6 million worth of ETH, according to cryptocurrency analytics firm Arkham Intelligence.Data from the platform shows that the foundation leveraged the CoW protocol to sell 700 ETH and obtain $1.6 million in DAI stablecoin. Afterwards, the funds will be sent to the address “0x9ee…” identified by Etherscan as the grant provider. 313D”.This transaction, which may have occurred when ETH was worth around $2,400, is very similar to the previous transaction on January 16th. During this period, the foundation exchanged 100 ETH for $253,000 and the funds were…

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