Venture capitalist Chris Burniske believes meme tokens have the purpose of ultimately leading to the development of fundamentally sound cryptocurrency projects. Burniske told his 303,400 followers on social media platform According to a cryptocurrency veteran, Memecoin’s “enforcement feature” is ultimately a huge positive for the digital asset industry. “Meanwhile, for those who are worried about ‘infrastructure and AppCoin’, it’s all pendulums… Memecoins will benefit from a more favorable regulatory environment that will force ‘infrastructure and app coins’ to show returns to their holders and stake holders. Governance tokens will be converted to cash flow tokens.” Burniske predicts that Infrastructure and…
Author: Crypto Flexs
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jack anderson November 18, 2024 08:45 Binance is launching an exclusive MENASA promotion distributing 15,000 USDT token vouchers to users in select regions during the New Year period. Binance, a global cryptocurrency exchange, is holding a special promotion for the MENASA (Middle East, North Africa, and South Asia) region to celebrate the new year. According to Binance, the initiative aims to welcome new users and provide token voucher rewards totaling 15,000 USDT to existing users.Promotion DetailsThis promotion, which runs from November 18, 2024 to January 8, 2025, is open to verified users in the…
Bitcoin (BTC) started the new week inches away from a new all-time high after posting its best weekly close ever.Bitcoin traders believe price discovery will resume next week and are eyeing the $80,000 level as a “buy the dip” opportunity.The weekly close set another record, but November 2024 is anything but ordinary for BTC price action.Markets are divided over how the Federal Reserve will handle the growing “stagflation” crisis.Whales are still buying BTC, and ETF flows are increasing despite the merciless reaction to last week’s all-time high of $93,500.Cryptocurrency sentiment gauges are increasingly heating up as “extreme greed” levels reach…
DOT has shown classic signs of a healthy, growth-oriented retracement. But patience may be tested before a breakthrough materializes. Polkadot (DOT) reflected a recovery in the broader market, emerging from a four-month slump that saw it soar near $6 amid post-election hype. However, after three days of declines, it fell to $4.75, close to a daily low of 7%. As is often the case in cryptocurrencies, every ‘drop’ presents an opportunity for investors to see resistance as new support, pushing the price higher. As of press time, it is trading at $5.64, and if DOT follows this strategy, it will…
jack anderson November 18, 2024 06:00 Binance is introducing a ‘Word of the Day’ game focused on stablecoins, giving participants the opportunity to earn Binance Points that can be exchanged for various rewards. Binance announced the launch of the ‘Word of the Day’ (WOTD) game, a new educational initiative aimed at improving users’ cryptocurrency literacy. The latest topic revolves around stablecoins, which, as stated by Binance, are an important part of the cryptocurrency ecosystem. Game mechanics and rewards WOTD games are designed to allow participants to engage in word guessing and test their knowledge…
Solana-based apps have seen record-breaking fee and revenue activity over the past 24 hours amid the return of memecoin mania. According to a November 18 Five of the top 10 protocols by fees were on Solana on November 17th. Source: DefiLlama Solana-based automated marketplace maker Raydium recorded $11.31 million in fees on November 17, while liquid staking protocol Jito was third on the same day with $9.87 million. recorded high fees (based on DefiLlama data). Meanwhile, Memecoin Launchpad Pump.fun was the seventh-highest earner, earning $1.65 million in fees. Photon, the Telegram trading bot for Solana memecoins, ranked as the seventh…
jack anderson November 15, 2024 00:03 The HKMA announced the results of the two-year RMB government bond bidding, with a bid ratio of 5.41 and an annual yield of 2.062%. The Hong Kong Monetary Authority (HKMA), on behalf of the Hong Kong Special Administrative Region Government (HKSAR Government), recently announced the results of the two-year RMB agency bond bidding results. The tender, part of the Infrastructure Bond Program, was held on November 14, 2024 and offered a total of 1 billion yuan worth of bonds, according to the Hong Kong Monetary Authority. High demand…
Darius Varu November 15, 2024 00:28 Binance is introducing a new referral program that offers up to $300 in cryptocurrency rewards, including BTC, ETH, and more, encouraging users to invite their friends to trade on the platform. Leading cryptocurrency exchange Binance has announced an engaging new referral campaign designed to encourage users to bring their friends into the world of cryptocurrency trading. According to Binance, participants can receive up to $300 worth of crypto, filled with popular cryptocurrencies such as Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). You can…
ION Mining, the world’s leading Bitcoin mining platform, has launched cloud mining contracts. Designed to enable existing and potential cryptocurrency enthusiasts to profit from rising Bitcoin prices, this contract promises to disrupt the investment market and provide incredible opportunities for users.ion mining It is a powerful cryptocurrency mining platform that allows you to passively earn Bitcoin without any conditions, regardless of your technical knowledge or financial resources. Once you mine $100 worth of Bitcoin, it can be transferred to your account for trading and all profits are yours and can be withdrawn to your personal wallet.Click the icon below to…
Trump’s plan for the Department of Government Efficiency (DOGE) would reduce federal government spending and cut unnecessary regulations. This idea now has the support of Coinbase CEO Brian Armstrong. The idea of creating a new Department of Government Efficiency (DOGE) is the opportunity of a lifetime, according to Coinbase CEO Brian Armstrong. He noted in a Nov. 17 X post that the agency could increase America’s economic freedom and shrink the size of government back to health. Armstrong pointed out that government spending could only amount to 10% of gross domestic product (GDP). The U.S. government has more than doubled…