A widely followed cryptocurrency trader is reassuring traders that Bitcoin (BTC)’s current consolidation is simply a bull market downturn. Cryptocurrency analyst Michael van de Poppe says The number of followers on social media platform “Bitcoin consolidation, altcoins are sighing at the end of the year. A pretty standard de-risking will take place until the last day of 2023. An upward trend is expected from Monday. “If you simply buy a bear market, it is a bull market.” As of this writing, the value of BTC is $42,122, down 3.6% over the past week. Looking at Van de Poppe’s Solana think…
Author: Crypto Flexs
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Newly launched Bitcoin token platform BRC20.com has raised $1.5 million in funding led by UTXO Management, the asset management arm of BTC Inc., the parent company of Bitcoin Magazine.The round included support from Zanshin Capital Management, Unbroken Chain, One Block Capital, Sora Ventures, OWL Ventures, Bitcoin Frontier Fund, Hamble, and New Tribe Capital.The investment comes at a time of growing interest in the BRC-20 token standard, created in March 2023 to facilitate the creation and transfer of fungible tokens on Bitcoin via the Ordinals protocol.“Today’s news announces BRC20 some of the most active and strategic investors across the Bitcoin and…
Bitcoin mixers are called by various names, such as tumblers and blenders. A tool that protects your privacy when performing Bitcoin transactions. The mixer breaks the connection between the sender and receiver. This prevents possible tracking and analysis by third parties. How does Bitcoin Mixer work? Bitcoin mixers mix coins received from different users into a common pool. During this process, the coins are split. After mixing, the anonymized Bitcoins are sent to the user in the specified amount, excluding service fees. At the same time, the system displays who owns which coins. This allows you to minimize the risk…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Wall Street analysts predicted that the U.S. Federal Reserve could cut interest rates six times in 2024 due to high inflation in 2022, as shown by the Consumer Price Index (CPI). These changes are expected to impact several sectors, especially cryptocurrencies. It is expected that meme currencies could benefit. Market analysts highlight Galaxy Fox (GFOX) as a potential major bullish and meme coin to consider in this market trend. Impact of falling interest rates on cryptocurrency Lower interest rates…
Ethereum’s updated roadmap focuses on compatibility and redesigning core elements. Criticism is raised about Ethereum’s emphasis on layer 2 scaling. Despite uncertainty in the cryptocurrency market, Ethereum (ETH) has remained committed to network development. These developments generally follow the roadmap laid out by Vitalik Buterin and his team. This roadmap serves as a guiding framework for the continued development of the Ethereum network. Ethereum’s new direction The latest revision to the Ethereum roadmap highlights important improvements. The role of single slot finality (SSF) takes center stage in post-merger Proof of Stake (PoS) improvements, providing a glimpse into the future direction…
Verkle trees are commitment schemes that work similarly to Merkle trees, but with much fewer witnesses. It works by replacing the hashes of the Merkle tree with vector commits, which makes wider branch elements more efficient. Thanks to Kevaundray Wedderburn for his feedback on the post. outline For more information about how buckle trees work, see: The purpose of this post is to describe the specific layout. Draft Buckle Tree EIP. It is aimed at client developers who have implemented Verkle Tree and want an introduction before delving deeper into EIP. Verkle trees bring many changes to the tree structure.…
Judge Jed Rakoff, who is investigating the SEC’s case against Terraform Labs’ former CEO Do Kwon, favors the regulator. In accordance with the ruling, Kwon and Terraform proceeded with the sale of uncertified securities related to LUNA and MIR tokens. The Securities and Exchange Commission alleged that Terraform conducted unlisted safety-focused swap transactions and defrauded key investors involved. According to Rakoff, the SEC obtained a preliminary ruling on Amended Complaint IV, which addresses Defendants’ unlawful sale of LUNA and MIR and their private offering in violation of Sections 5(a) and (5c). ) Securities Act. As Rakoff points out, UST, wLUNA,…
join us telegram A channel to stay up to date on breaking news coverage In today’s market, a positive movement of 19% is observed across various currencies. The biggest gainer was Ontology, which saw a notable 38.07% increase in value over the past 24 hours. In contrast, NFPrompt stood out as the top loser, experiencing a decline of 7.52% over the same period. In a broader perspective on performance, Injective has emerged as an outstanding performer, with an impressive gain of 2,852.97% over the past year. As a result, it recorded a significant increase of 2,852.97% compared to the beginning…
October 13th Mobile App Change Log 6.9 Latest updates and optimizations for the Bitfinex mobile app We are pleased with the gift Version 6.9 Bitfinex mobile app The latest update to the Bitfinex mobile app includes general improvements. You can also download the latest version of the Bitfinex mobile app from: Android application package (APK). Leave a review on the App Store Bitfinex Mobile User App Survey! The changes below have been suggested by our active customer base. Customers’ feedback is very valuable to us. characteristic Vietnamese language supportUpdated to allow links to open on the mobile web or app…
Ethereum continues to grow steadily throughout 2024 with a strategy that focuses on continuity following the previous year, and the driving force behind this success is co-founder Vitalik Buterin. According to Buterin’s recent series of tweets, the emphasis for 2024 largely aligns with the building blocks that have formed since the beginning of the year: merger, surge, pandemic, verge, purge and showdown. This means that this year’s strategy is evolutionary rather than revolutionary. Merging continues to be an essential component of Ethereum’s evolution. Buterin emphasizes the importance of single slot finality (SSF), emphasizing its role in strengthening the proof-of-stake (PoS)…