AMSTERDAM, January 15 — Chirpley, a dynamic influencer marketplace, has begun its transformational journey by spreading its wings on the Ethereum chain. This strategic move is consistent with Chirpley’s vision to broaden the reach of CHRP holders within the vibrant cryptocurrency community. The Chirpley platform is rooted in its primary hub, Binance Smart Chain (BSC), but CHRP can now be accessed and traded on the Ethereum chain. Ethereum Integration: Improved CHRP Accessibility Chirpley has officially launched on the Ethereum chain, marking an important milestone in the platform’s evolution. As part of our strategic expansion, CHRP holders can now seamlessly acquire…
Author: Crypto Flexs
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The launch of the first spot Bitcoin exchange-traded fund (ETF) in the United States last week was a watershed moment for the cryptocurrency industry. However, shortly after the ProShares Bitcoin Strategy ETF (BITO) and Valkyrie Bitcoin Strategy ETF (BTF) began trading on Thursday, Bitcoin underwent a sharp sell-off, plummeting from a two-year high of $49,000 to $41,500 over the weekend. key point The launch of the first spot Bitcoin ETF in the United States was a “sell the news” event, with Bitcoin prices initially surging on the news and then falling. The price of Bitcoin hit a two-year high of…
Binance has revealed eight key stories that will shape the future of the cryptocurrency market in 2024. Rooted in the past year’s robust growth and innovation, this outlook provides a glimpse into what lies ahead. Cryptocurrency market trends that will dominate 2024 At the forefront, Bitcoin continues to assert its dominance. 2023 was a year of significant developments in Bitcoin’s journey, including the introduction of innovative technologies such as Ordinals and BRC-20 tokens, the establishment of a spot Bitcoin ETF, and the much-anticipated halving event in 2024. Read more: Bitcoin Halving Cycle and Investment Strategy: What You Need to Know…
A widely respected cryptocurrency analyst believes altcoins will soon take center stage as Bitcoin (BTC) enters a period of consolidation. Analyst Michaël van de Poppe tells his 684,700 followers on social media platform Van de Poppe said the ETF is bullish on Bitcoin for the long term, but it will take time for tens of billions of dollars of capital to flow into BTC. For now, Bitcoin is likely to enter a period of consolidation as deep-pocketed investors cycle capital and traders wait for a new catalyst, the analyst said. “However, in the short term, Bitcoin price is likely to…
Binance Research analysts outlined eight areas where they expect to see significant progress throughout the year. Bitcoin BTC -1.19% Ecosystems, artificial intelligence, real assets and institutional adoption.The cryptocurrency market has witnessed a significant rebound in 2023, with a 109% increase in market capitalization amid optimism surrounding the approval of a spot Bitcoin exchange-traded fund and a favorable macro environment, analysts wrote in a report released today. Bitcoin regained its dominance, with the overall locked value of layer 2 solutions increasing by 321%. The decentralized finance sector has also grown significantly, driven by innovations in liquid staking tokens and the integration…
join us telegram A channel to stay up to date on breaking news coverage Meme Kombat’s pre-sale funding exceeded $6.8 million, attracting the attention of global investors, including experts and analysts such as Conor Kenny, who were eager to join. As followers of Conor Kenny’s channel may recall, $MK was a topic of discussion in past sessions, highlighting his unique approach to meme-based competition. Meme Kombat (MK), a meme coin running on Ethereum, is currently in the pre-sale phase. $MK aims to bring together gaming, gambling, staking, and decentralized finance (DeFi) into a unified platform focused on popular internet memes.…
LBank Announces Fourth Launchpad with EchoLink Features – Chainwire housenewsroomL Bank Announces Fourth Launchpad with EchoLink Function We use cookies to make Chainwire’s website a better experience. 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 expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate purpose of…
If you want to invest in cryptocurrency, it is important to research and understand the market. The Verge provides the ultimate guide to cryptocurrency investing, covering everything from the basics of how cryptocurrencies work to advanced trading strategies. Understanding Cryptocurrency The first step in investing in cryptocurrency is understanding what cryptocurrencies are and how they work. The Verge analyzes the technology behind cryptocurrencies, the different types of coins and tokens, and how they are traded on the market. Start investing in cryptocurrency For beginners, The Verge provides a step-by-step guide on how to start investing in cryptocurrency. This includes setting…
This amount also consists of remittances, which is a big problem in emerging markets with large diasporas like the Philippines. In the report, Circle highlighted how it partnered with domestic exchange Coins.ph to secure a piece of the business, which is worth around $36 billion annually.
JPMorgan predicts that much of the money currently invested in other cryptocurrencies will be redirected to Bitcoin spot ETFs. Even before the Bitcoin spot ETF was approved, industry experts had already predicted that demand would be high. This was expected, considering how many years companies in the cryptocurrency space have been pursuing ETFs. But now a report from JPMorgan sheds light on just how popular the new spot Bitcoin ETF has become. According to the report, much of the capital already invested in other Bitcoin products could be moved into ETFs. Cryptocurrency Capital on the Move One of the first…