The hype surrounding Solana-based meme token Bonk (BONK) has died down. The value of the meme coin is falling and is now worth almost 22% less than 7 days ago.The price of the dog-themed coin, which exploded this month, is currently $0.00001492, according to CoinGecko. It is a 7.5% drop in 24 hours.Perhaps even more indicative of waning investor interest is BONK’s sharp decline since hitting an all-time high on December 15th. It is currently down more than 56%.And BONK’s market capitalization currently remains below $1 billion where it was two weeks ago. Currently priced at $907 million, the token…
Author: Crypto Flexs
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The timing of the launch of the ShimmerEVM bridge is perfect given the extensive expansion underway in the IOTA ecosystem. IOTA’s ShimmerEVM protocol is advancing an impressive cross-chain interoperability protocol by integrating technology from LayerZero to enhance bridging capabilities. As reported by Coindesk based on information from the network’s developers, Shimmer Bridge, which can connect to other non-IOTA-based chains on LayerZero via related protocols, has officially been activated. ShimmerEVM is part of the Shimmer Network, a testing ground for applications before they are released on IOTA, testing new features with Ethereum compatibility, opening up the wider IOTA network to provide…
As of December 27, the global cryptocurrency market capitalization had fallen to $1.64 trillion, a decline of 2.71% in 24 hours, reflecting the fierce battle for control. Although Bitcoin (BTC) briefly dipped below $42,000 before rebounding to around $42,300 a few hours later, major altcoins such as Ethereum, Solana, Litecoin, and Dogecoin were all in the red. Mina Protocol (MINA) had a big day, up over 21%, while meme coin Bonk experienced a notable 16% drop. Amidst the market’s twists and turns, certain coins really shine not only because of their growth potential in 2024, but also because they are…
World Coin world +0.94% a cryptocurrency project co-created by OpenAI CEO Sam Altman, announced its launch in Singapore on Wednesday. “Individuals in Singapore can now verify their unique humanity on Orb in the latest sign of growing global interest in proof of identity and the WorldCoin project,” the group said in a blog post.Worldcoin’s post focused on the potential upside of a launch in an important and prosperous economic hub like Singapore, but the project was recently paused in India and closed its registration services in Brazil and France. At the time, Worldcoin told The Block that its plans in…
The ongoing FTX bankruptcy saga has taken a new turn with the latest development involving the acquisition of stock clearing platform Embed. Debtors of FTX, grappling with the aftermath of the cryptocurrency exchange’s collapse, have proposed a separate lawsuit settlement in the bankruptcy case, with a particular focus on the controversial acquisition. At the center of the dispute is FTX’s U.S. arm’s acquisition of Embed, a deal it completed in June 2022 for $220 million. In particular, this acquisition was accomplished with minimal due diligence, as pointed out by FTX’s legal representative. In a significant move, FTX debtors reached a…
reporter Posted on: December 28, 2023 Avalanche ends 2023 with ATH in validators and monthly active users. AVAX maintained its $40 price range despite the fluctuations. Avalanche (AVAX) recently achieved record numbers in the number of monthly active users and validators on its network. in post As of December 26, the network reported that the number of validators had reached approximately 1,708. This is an all-time record on the network. As of this writing, Explorer shows approximately 1,704 validators. This is a slight decrease from the all-time high (ATH), but is still among the network’s highest numbers. The Avalanche ends…
December 27 Changelog: Version 1.87 Posted at 16:12h From the change log Posted by Tammy The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.86 characteristic Added Bitfinex YouTube icon and corresponding link to footer.Added options to select VASP name and confirm recipient name when Travel Rule is applied in cryptocurrency withdrawal flows. improvement Updated the increment position feature to explicitly indicate disabled radio buttons with text color and a cursor that is not allowed.We’ve updated our order form to add…
First, SEC approval for spot Bitcoin ETF Clarifying regulatory uncertainty and valuation issues can stimulate greater interest and support for digital assets. Recent attention to developments in payment processing, particularly PayPal’s introduction of PYUSD, a US dollar stablecoin, highlights the need for clarity. But these expectations have been confounded by competition from other stablecoins with varying promises about reserves, fraud protection or custody obligations. Approval of the new ETF could spur the growth of other blockchain projects, including trustworthy stablecoins.
The global foreign exchange market is driven by two simple components: supply and demand. However, these basic principles apply not only to goods and services, but also to the general situation in the country. One important aspect is the holiday season. global foreign exchange market Stop the constant interaction. External factors play an important role in shaping forex trends. For example, the Russia-Ukraine war caused fuel prices to skyrocket. Houthi rebels are attacking random ships in the Red Sea, causing problems for major economies. Red Sea Crisis and Foreign Exchange The Red Sea forms an integral part of trade. But…
BNB price is trading above $310, up 5% in the last 24 hours and 20% in the past week. With SOL price falling after the recent rally, BNB appears to have overtaken Solana in terms of market capitalization. BNB is trading up more than 5% in the last 24 hours and more than 20% in the past week as Binance Coin makes a comeback after its recent plunge. This follows the meteoric rise and ultimate flip of Solana’s XRP and BNB, the last price the cryptocurrency reached in April last year. BNB on Solana The market value of BNB rose…