A widely known cryptocurrency analyst believes that one token in the Ethereum (ETH) ecosystem (DeFi) is showing signs of rising to greater heights. An analyst known by the pseudonym Credible Crypto told his 405,200 followers on social media platform X that the underlying asset of stablecoin-focused decentralized exchange Curve DAO (CRV) is “going way higher” after the entity locked up a total of 900 million CRV. “That’s almost a third of all CRVs that will ever exist (maximum supply of 3.3 billion) and 43% of the existing supply. Most of them will be trapped forever. This means that one-third of…
Author: Crypto Flexs
Read More
Jessie A Ellis 2 Aug 2024 11:25 KukuFM has significantly increased its audio series production capacity by integrating ElevenLabs’ AI text-to-speech technology. According to ElevenLabs, KukuFM, a leading audio content platform, has successfully tripled its audio series production capacity by integrating ElevenLabs’ AI text-to-speech technology. The collaboration has enabled KukuFM to produce over 3,000 episodes, including the highly rated series “Dragon’s Shadow – The Rise”, which maintains a 4.9 rating. Converting production capacity Faced with the challenge of expanding into global markets while simultaneously meeting exponential demand for content, KukuFM turned to ElevenLabs. The…
Welcome to NFT.New York!We’ve talked about scenarios of why you should think about protecting your assets.Now let’s discuss how Vault12 can help you easily and easily back up and restore your assets and set up inheritance for the future. Vault12 is a mobile app that lets you create a digital vault protected by trusted people (friends, family, business associates). As you accumulate assets, you can back them up in a Vault. This has the added benefit of creating an active inventory of all assets required for a comprehensive inheritance. Assets in the Vault are divided into pieces that are encrypted…
Binance Labs, the investment arm of cryptocurrency exchange Binance, recently welcomed four new altcoin projects into its Season 7 incubation program, a move aimed at fostering innovation and growth within the Web3 space. While Binance Labs offers extensive mentorship and resources, it is important to note that participating in the incubation program does not necessarily mean direct investment from Binance. This mentorship aims to nurture early-stage projects through specialized curricula and comprehensive resources across the Binance ecosystem. 4 Projects to Receive Mentorship from Binance Among the selected projects, Astherus, a liquidity hub for staked assets, stands out despite its modest…
Ted Hisokawa August 2, 2024 12:15 Boost Web3 adoption by exploring the latest Telegram mini-games on BNB Chain, including Eggdrop, Let’s Throw Slime, Treasure Quests, and more. The world of Telegram mini-games is buzzing with activity, especially within the BNB Chain ecosystem. According to the BNB Chain Blog, the growing interest is evident in recent moves by major institutions, including Binance Labs’ investment in Gomble, the developer of the popular Telegram mini-game EggDrop. What are Telegram mini-apps? Telegram Mini-Apps are lightweight applications that integrate seamlessly within the Telegram ecosystem. They provide users with easy…
Market • August 2, 2024 10:47 AM EDT Posted 1 minute earlier In ~ Morgan Stanley has told financial advisors that it will allow them to offer a spot Bitcoin exchange-traded fund (ETF) to some of its clients, CNBC reports.The move is the first of its kind among major Wall Street banks, according to a report from Morgan Stanley on Aug. 7. Allows financial advisors to recommend eligible clients buy shares of BlackRock’s iShares, two spot bitcoin ETFs. Bitcoin Bitcoin -4.11% According to a source familiar with the investment bank’s internal policy decisions, it is Trust and Fidelity’s Wise Origin…
ADA is down more than 4% over the last 24 hours, despite some recovery. Despite this decline, the trend of active addresses remained stable. Cardano (ADA) has been in a downtrend on the charts recently, hindering any potential recovery plans. And this downtrend is expected to have significant repercussions, especially since the number of active addresses has not moved much during this period. Cardano crashes and burns Analysis of the price trend of Cardano (ADA) on the daily time frame chart shows a significant decline recently. Specifically, ADA recorded a sharp decline of 7.38% on August 2nd, after which it…
Terryl Dickey August 2, 2024 12:31 Tezos introduces innovative tools that will revolutionize the mobile gaming industry, solving challenges and providing new opportunities for developers. Tezos is making waves in the mobile gaming industry, providing game developers with innovative tools to navigate a rapidly evolving market. According to Tezos Spotlight, the mobile gaming sector, which generates over $100 billion annually, faces challenges including economic pressures, changing user behavior, and fierce competition.Understanding the Current Mobile MarketThe mobile gaming market is undergoing significant change.Working after lockdown: As people spend more time outdoors, engagement with mobile games…
The recent market activity of Avalanche (AVAX) shows that the bears are in control of the market and are pushing the cryptocurrency towards the important price target of $21.73. With the bears in control and the market sentiment tilting heavily towards further downside, the $21.73 level has become a key point of interest for market participants. This analysis examines key technical indicators such as the Moving Average and Moving Average Convergence Divergence (MACD) to explore the current downtrend of AVAX. It also highlights the importance of the $21.73 support level and its potential impact on AVAX’s price action.Advertising As of…
Market • August 2, 2024 10:17 AM EDT Posted 1 minute earlier In ~ Coinbase analysts said August is usually a month when cryptocurrency market activity declines and major tokens see a plunge in value.“Seasonality generally has not been favorable for cryptocurrencies in August,” Coinbase analysts David Duong and David Han said.In Friday’s Coinbase Weekly report, analysts added that August has historically been a month of low market activity. For example, Bitcoin spot trading volumes were down 19% in August 2023 compared to June of that year. They said Bitcoin futures trading volumes were down 30% on centralized exchanges worldwide…