Layer 1 • January 28, 2024 7:03 PM EST Posted 1 minute ago In ~ Solana brush +2.34% , the best-performing altcoin in 2023, is off to a strong start in 2024. Earlier this month, the Layer 1 network According to data from The Block, Solana recorded its highest transaction volume since October 2022, and just yesterday Solana hit its highest level of daily new addresses on a 7-day moving average. The network’s best month for total subscriptions was May 2022, but January has already seen it gain over 10 million new addresses and counting, knocking December 2023 from second…
Author: Crypto Flexs
Read More
Community and EducationAkomba Education InitiativeOn-chain authentication framework, developing modular learning resources and accredited courses using this framework.akomba.com/Community and EducationcougarAn educational initiative that creates working groups and corporate meetups/workshops to discuss and develop open standards and proofs of concept.Community and EducationFOSS ResponderAn event hosted by the Open Software Foundation to help connect open source projects and teams impacted by COVID-19 with funding opportunities in the diverse open source ecosystem.fossresponders.comCryptography and ZKPSTARK related explorationResearch and development on Distaff, a zero-knowledge virtual machine written in Rust that automatically generates STARK-based execution proofs, including progress toward Turing-completeness.github.com/GuildOfWeavers/distaffCryptography and ZKPzk-summerIt is a program that allows…
In a recent interview with Gareth Soloway, chief market strategist at verifyinvesting.com, Soloway suggested that Bitcoin could bounce back to the $15,000 level if a significant stock market sell-off occurs.advertising Soloway predicts Bitcoin could fall to $15,000 Two days ago, in a newly released YouTube video, Gareth Soloway Verifiedinvesting.com sat down with Kitco News’ lead anchor and editor-in-chief Michelle Makori for a new interview, exploring Bitcoin’s latest trends and potential future trajectory. Soloway shared insights on his approach to analyzing diverse data sets to predict future trends and draw conclusions. He emphasized that the Bitcoin bull market of 2017 and…
Cryptocurrencies have been a hot topic in the financial world in recent years, and RotoCoin is one of the most promising digital currencies on the market. With its unique features and growth potential, RotoCoin has become a popular choice for investors looking to capitalize on the opportunities offered by the cryptocurrency market. RotoCoin Basics RotoCoin is a decentralized digital currency created as an alternative to traditional forms of money. It is built on a technology called blockchain, a secure and transparent ledger that records all transactions made with RotoCoin. This technology makes RotoCoin resistant to fraud and manipulation, making it…
Ethereum has a bullish structure on the weekly chart. The two main range resistance level overheads match well with the liquidation heatmap. It took more than a month for Ethereum (ETH) bulls to break through the resistance at $2.4,000. News of the approval of a Bitcoin (BTC) spot ETF sent Ethereum to a local high of $2,700, but was rejected from there. This price action gave us an idea of the range within which AMBCrypto is explored here. Meanwhile, the weekly market structure remained strong, with lows higher around the $2.1k level. Resistance at $2,370 could reject ETH strength. The…
Hong Kong’s Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products called “Floki Stake Program” and “TokenFi Stake Program.” Both staking products described by financial regulators as “suspicious” are related to the Floki protocol. Hong Kong’s SFC issues warning on staking The SFC noted in a press release that the Floki staking program and the TokenFi staking program claim to offer “high return targets ranging from 30% to over 100% per annum.” However, the regulator emphasized that neither cryptocurrency product has yet been approved in Hong Kong. Staking is a way for…
Industry analysts expect Charles Schwab to venture into offering exclusive spot Bitcoin exchange-traded funds (ETFs). Analysts speculate that the company, which provides investment products and services including brokerage and retirement accounts and manages $8.5 trillion in client assets, could launch a physical Bitcoin ETF, according to RIABiz and other media outlets. In short…Schwab isn’t going to sit back and let Fidelity control the cryptocurrency narrative.period.There is too much $$$ at stake with these brokerage platforms.— Nate Geraci (@NateGeraci) January 27, 2024 Schwab, which has a reputation for conservative and thoughtful product development, will likely be waiting to unveil an ETF…
Posted 1 minute ago In ~ Orbiter Finance’s cross-chain bridge has attracted a total of over 3 million users looking to exchange assets between different layer 2 roll-up networks. Additionally, the protocol recently announced a strategic investment from OKX Ventures for an undisclosed amount. Now the protocol plans to add its own L2 to the mix. That is, the Orbiter Rollup, a new zero-knowledge proof-based “meta layer”. (Orbiter Finance should not be confused with Orbit Chain, a similarly named bridge protocol that was hacked earlier this month.)The Orbiter team proposes the Orbiter Rollup to prepare for an “omni-connected” future. “By…
Illustration by Mitchell Preffer for DecryptThe Bitcoin Spot ETF hangover may be gone, and the tall, bubbly mugs of Ethereum Spot ETF buzz are still pouring in, leaving plenty of room for conversation, debate, and the occasional scuffle in cryptocurrency bars.We’re probably overdue for an Elon Musk-related pump, and the eccentric tech mogul indirectly delivered on Monday when a Twitter account with a new gold checkmark popped up with its username. @XPayments. This was discovered shortly after Musk again teased that he was making “every app.”Crypto Twitter is excited about the possibility of the X app supporting trading of Dogecoin…
The cryptocurrency industry is taking a hit. Bitcoin (BTC) and Ethereum (ETH) are feeling the pinch as their values plummet. Some experts see this decline as a temporary setback, with a potential rebound likely influenced by the upcoming Bitcoin halving. The market is also influenced by factors such as selling pressure from the Grayscale Bitcoin Trust, which is nearing its exit, and FTX’s exit from the market. Despite the obstacles, savvy investors can still spot opportunities to reap huge profits in the changing cryptocurrency space. Cryptocurrencies like Connext Network (NEXT), Izumi Finance (IZI), Magic Square (SQR), Port3 Network (PORT3), and…