According to on-chain data, more than 70% of Ethereum supply has seen no movement in over a year, a new record for the network. Ethereum HODLers now control over 70% of the asset’s supply. According to data from market intelligence platforms: Into the BlockTotal supply owned by long-term ETH holders has reached a new all-time high. The analytics firm defines a “long-term holder” (LTH) as an address that has been holding coins for at least a year. Statistically, the longer a holder keeps their coins, the less likely they are to sell them at any point. Therefore, LTH is the…
Author: Crypto Flexs
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LiNEAR Protocol recently launched its newest governance token, $LNR. The protocol also launched $bLiNEAR (Boost $LiNEAR), DeFi’s first staking derivative token. $LNR holders can now directly influence LiNEAR’s staking strategy. The token also grants you the power to set the staking pool percentage. Additionally, token holders will directly benefit from the growth of the LiNEAR protocol. In addition to this, Near’s liquid staking protocol was also released, powering $LiNEAR or $bLiNEAR. The token is designed to unlock near-refundable liquidity for improved returns and capital efficiency among LiNEAR protocol users. LiNEAR is one of the best and most liquid staking derivatives…
join us telegram A channel to stay up to date on breaking news coverage Cryptocurrency markets saw mixed intraday movements, with 14% of listed cryptocurrencies experiencing positive changes. The Pocket Network has emerged. top winner, which is a whopping 44.34% increase. Meanwhile, Moonriver recorded the highest decline of the day with a notable drop of -13.69%. Biggest Cryptocurrency Earners Today – Top List Zooming out to a one-year perspective, Injective was the most successful performer, boasting a significant gain of 3,173.86%. Especially within the 2022 limits, Injective continues its upward trend, posting a notable 3,217.00% surge since the beginning of…
Solana’s SOL has seen a notable surge in trading volume over the past weekend, surpassing Bitcoin and Ethereum combined. This surge signals a significant shift in trader interest, putting Solana at the top of the weekend cryptocurrency market. Solana trading volume increases The cryptocurrency landscape underwent a notable change over the weekend, with Solana trading activity surpassing Bitcoin and Ethereum on major centralized exchanges. Coinbase executive Conor Grogan was one of the first to notice this milestone on December 24, noting that Solana’s SOL had surpassed the total trading volume of Bitcoin and Ethereum, the two largest cryptocurrencies by…
History was made in 1997 when the IBM supercomputer Deep Blue defeated world chess champion Garry Kasparov. Mankind has had its greatest warriors, the Russians, who have been world champions for a record number of years. Garry wasn’t just a cool guy in his day, he was the greatest of all time. At the same time, during his reign, engineers worked hard to develop chess engines. They were confident that one day computers would beat even the greatest players in history. It was going to be the perfect fight. The best humans versus the best machines. Both humans and machines…
Nurtured through guidance from Coinbase, Base Network has achieved the milestone of exceeding $735 million in Total Value Locked (TVL), a remarkable achievement. Despite a slight slowdown in growth following the initial surge, the project has seen a 4% increase in TVL over the past week. Data shows that since its official launch in August 2023, Base Network’s TVL has surpassed the $600 million barrier, up significantly from $592 million at the end of November. Base Network, which implements an optimistic rollup framework, provides a variety of decentralized applications and maintains a daily transaction rate (TPS) of 3.45, with over…
In 2023, venture capitalists invested $10.7 billion in cryptocurrency and blockchain startups, a 68% decrease from the $33.3 billion invested in 2022.Most of these investments were made in the first half of the year, with a decline in the second half of the year. But funding increased in November. In particular, in 2023, the proportion of deals allocated to Pre-Seed, Seed, and Series A startups increased, while mid- and late-stage deals decreased compared to the previous year.In terms of verticals, NFTs/gaming, infrastructure, and web3 maintained their lead in terms of number of transactions, while other categories such as data, transactions,…
tl;dr Kiln🧱🔥 has been uploaded, Check it#TestingTheMerge is in full swing. Do your part and get involved! Kiln🧱🔥 is up, check it out A week ago, the Kiln🧱🔥 testnet underwent a merge transition to evolve from a PoW testnet to a fully functional PoS testnet. When you run a validator on the mainnet, Now it’s time to test your post-merge settings.. jump in kiln landing page And dig into it. Earnestly. It’s time. #TestingTheMerge is in full swing. participate! The transition from PoW to PoS at Kiln was trouble-free. Due to an encoding error, Prysm Invalid block generationSome running clients…
Binance is once again on the move with new special listings for Dogecoin, Cardano, Chainlink, and more. The exchange has announced new cryptocurrency trading pairs for these cryptocurrencies that will provide advantages to traders. Binance Adds New Dogecoin, Cardano, and Chainlink Pairs In a new development revealed on Christmas, the Binance cryptocurrency exchange has expanded the list of pairs available to both cross-margin and isolated-margin users. The announcement reveals that they will be adding 11 new pairs across these two products. The new pairs are primarily represented by the FDUSD pair, a stablecoin adopted by the exchange after Paxos was…
The combination of innovations in artificial intelligence (AI) and web3 could lead to the emergence of a thriving cryptocurrency subsector in 2024, according to analysts.“Both AI and cryptocurrency are maturing rapidly, and while the potential of artificial intelligence and blockchain integration remains largely uncertain today, the new use cases and possibilities enabled by both technologies are enormous,” Nansen analyst Sandra Leow told The Block. He said.CEO Ryu emphasized the development of AI agents, a field that combines elements of AI and Web 3. She highlighted how these on-chain bots can help process transactions and exchange value on behalf of human…