Bankrupt cryptocurrency lender Celsius Network plans to release its existing Ethereum holdings to “ensure sufficient liquidity” when distributing assets to creditors.Celsius Network announced in a tweet that it had “begun an asset recovery and rebalancing process” to prepare for asset distribution.It added that it would release existing ETH holdings “to offset certain costs incurred throughout the restructuring process,” and noted that the staked ETH “provided valuable staking reward returns to the property.”According to Nansen’s data, Chelsea accounts for 32% of ETH awaiting withdrawal. This is approximately 206,300 ETH, or over $466 million at current prices.ETH withdrawal queue. Image: NansenCelsius filed…
Author: Crypto Flexs
Read More
Are you interested in earning passive income in the cryptocurrency market? Bitstake may be the solution for you. Bitstake is a platform that allows you to earn passive income by staking cryptocurrencies. In this guide, we’ll show you how to get started with Bitstake today and start earning passive income. Step 1: Sign up for Bitstake The first step to earning passive income with Bitstake is to sign up for an account. Create an account by visiting the Bitstake website, providing your email address and creating a password. Step 2: Deposit cryptocurrency After creating an account, you can deposit cryptocurrency…
January 3, 2024, 10:00 AM EST, Miami, Florida – today, PROFIKEYIt is part of the Propy ecosystem, a new gamified application. introduce The home address is the on-chain market. It is a decentralized application (dApp) game powered by PRO tokens and launched on Base, a layer 2 network that runs on top of Ethereum and is part of the Coinbase ecosystem. Participants can create their own or someone else’s home address on-chain and later stake or sell it. Real estate has long been limited by barriers to entry, such as prohibitive ownership costs and inefficiencies, which blockchain can simplify. Propy…
The largest of the Ethereum whales has continued to buy recently as supply hit another all-time high, according to on-chain data. The largest Ethereum wallets are rapidly accumulating According to data from on-chain analytics firm st tlyThe largest non-exchange Ethereum wallets have continued to see rapid accumulation recently. The relevant metric here is ‘Supply held by Top Non-Exchange Addresses’, which tracks the total amount of Ethereum currently held in combined balance by the 150 largest self-managed wallets. Naturally, the 150 largest non-exchange wallets will be among the top whale entities on the network. Therefore, the trend of the indicator can…
Introduction to Chatgot Chatgot is an AI service aggregator or AI agent that effectively integrates multiple AI chat assistants into a single platform to streamline and improve user experience. Among our common integrations are leading AI services and projects such as GPT4, Claude V2, Google PaLM 2, and Midjourney. This innovative approach gives users a variety of answers and allows them to compare and evaluate the AI-generated answers. Additionally, Chatgot will provide a variety of customized characters such as SEO expert, virtual girlfriend, and translation expert to suit various user needs. Additionally, the platform integrates with search engines such as…
Bitget Welcomes ORDISWAP to the Growing BRC20 Ecosystem – Chainwire housenewsroomBitget Welcomes ORDISWAP to the Growing BRC20 Ecosystem We use cookies to make your experience on Chainwire’s website better. 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 explicitly 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…
According to a post on the project’s Discord server, the decentralized cryptocurrency exchange (DEX) is receiving ‘inquiries’ in the United States due to a robbery in October 2022. Now the DEX’s governing body, called MangoDAO, is voting on whether to appoint a representative who can sort out “US regulatory issues” on behalf of the DEX.
Bitcoin (BTC) trading OG Arthur Hayes now predicts that BTC prices will crash by up to 40% in March.The former CEO of cryptocurrency trading giant BitMEX warned readers in a blog post on January 4 that there would be a week of chaos due to the financial market hit.Hayes: “I could easily see a 30-40% correction” in BTC priceBitcoin bulls are feeling confident overall this year as the first Bitcoin exchange-traded fund (ETF) in the U.S. is set to receive regulatory approval.This event, combined with the block subsidy halving in April, could mark a landmark year for BTC price growth…
Dogecoin started a new decline at $0.0950 resistance against the US dollar. DOGE may extend its downtrend as long as the closing price does not exceed $0.090. DOGE struggled near $0.0950 and began a new downward trend against the US dollar. The price is trading below the $0.090 level and the 100 simple moving average (4-hours). There is a major bearish trendline forming on the 4-hours chart of the DOGE/USD pair with resistance near $0.0920 (data source from Kraken). The price may begin to recover once $0.090 and $0.0950 are cleared. Dogecoin Price Faces Major Hurdle Over the past few…
Binance, one of the world’s largest cryptocurrency exchanges, is getting closer to discontinuing its BUSD stablecoin. This follows a pivotal shift in the exchange’s stablecoin strategy with the recent completion of the conversion of BUSD token balances to FDUSD for eligible users. Binance converts BUSD to FDUSD Binance announced that users can now confirm receipt of FDUSD tokens by checking their distribution or conversion history pages. Specifically, all eligible BUSD balances in users’ spot and funding wallets were converted to FDUSD at a 1:1 ratio. The FDUSD token, which includes ERC20, BEP20, and opBNB smart contract addresses, represents Binance’s latest…