The U.S. cryptocurrency advocacy group will host its second “Stand with Crypto Day” later this month, which will include a performance by The Chainsmokers in Washington, D.C.The September 18 event follows a bus tour called the “America Loves Crypto Tour,” which visits five states, including Michigan, Wisconsin, and Pennsylvania. Politico first reported the news.“The second Stand with Crypto Day will be the final stop on our swing state tour across the country to get cryptocurrency owners registered to vote,” Sabrina Siddiqui, a spokesperson for Stand with Crypto, said in a statement. “We know crypto voters can make a difference in…
Author: Crypto Flexs
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Early Friday morning, some previously dormant Cardano (ADA) coins moved, along with a spike in the coin’s daily active addresses, indicating increased trading activity. However, the lackluster price response of ADA over the past 24 hours suggests that the coin’s movement is unlikely to be bullish. ADA tokens on the move According to data from Santiment, ADA’s spending age rose to a seven-day high of 6.33 billion on Friday morning. This metric tracks the movement of long-term holdings, so a spike is notable because long-term holdings rarely move their coins. When they do, a change in market trends often precedes…
Ted Hisokawa Sep 07, 2024 01:28 Ethereum developers attended ACDC Call #141 to discuss updates on the Pectra upgrade and issues related to proof-of-work calculations for home stakers. On September 5, 2024, Ethereum developers gathered via Zoom for the All Core Developers Consensus (ACDC) Call #141. This call is a series of biweekly meetings where developers discuss and coordinate changes to Ethereum’s consensus layer (CL), the Beacon Chain. The call was chaired by Ethereum Foundation (EF) researcher Alex Stokes. Pectra DevNet 2 Debugging work on Pectra Devnet 2 is almost complete. Prysm developer Terence…
At the time of writing, Jupiter was trading in the demand zone, but buying pressure was sluggish. Further losses can be expected as price moves to the next major liquidity zone. Jupiter (JUP) cryptocurrency seems to be having a tough time in the market. The token price has dropped 26% in two weeks, and the trading volume has dropped 18% in the last 24 hours alone. This is a sign of bearish market sentiment. Solana (SOL) liquidity aggregator has not attracted many buyers recently, despite the token trading in an attractive demand zone. Will the bulls stop sellers, or should…
Bitcoin (BTC) price is trading 10% above its eight-month low of $49,577 recorded on August 5, and traders are concerned that a new low below $52,000 could occur before a reversal occurs. BTC/USD daily chart. Source: TradingViewOn September 6, Bitcoin extended its correction, falling more than 5.9% from its high of 56,984 to reach an intraday low of 53,613. Based on this performance, analysts believe that downside risks still remain for Bitcoin, with the $52,000 level currently seen as the key area to watch.“#Bitcoin is pushing further towards $52,000 lows,” popular trader Jelle wrote on X on September 6.The gel…
Magic Eden, a multi-chain NFT marketplace, is taking the NFT world by storm, with daily trading volume skyrocketing from $1 million to a whopping $30 million.The platform recently hit a daily trading volume record of $60 million, showing a renewed interest in digital collectibles across multiple blockchains.The surge coincides with Magic Eden’s announcement of ME, the next utility token in development by the ME Foundation. While details of the launch are kept under wraps, the prospect alone has sparked excitement among traders.“The era of single-chain maximalism is over,” said ME Foundation Director Matt Szenics, noting that Magic Eden’s various networks…
“For the reasons set forth in the Court’s forthcoming memorandum opinion, the Court grants Plaintiffs’ motion for summary judgment… and denies Defendants’ cross-motion for summary judgment,” Cobb wrote. “Defendants’ September 22, 2023 order enjoining Plaintiffs from listing the Congressional Control Agreement as a trade list is hereby vacated.”
Synthetix has launched a new app chain, SNAXchain, which aims to provide cross-chain liquidity and trading fee revenue to native token stakers and on-chain trading products, Synthetix core contributor Matt Losquadro told Cointelegraph on September 6. According to a September 4 post on X Platform, AppChain will initially serve as an on-chain governance platform that will govern Synthetix deployments on the Ethereum mainnet and Layer 2 (L2) extension chains, including Optimisim, Arbitrum, and Base. SNAXchain is designed “to establish a neutral hub for governance and protocol decisions, especially as Synthetix expands to additional chains and L2,” Losquadro told Cointelegraph. However,…
Tony Kim September 6, 2024 16:26 Binance Futures will launch DOGSUSD COIN-M perpetual contracts with up to 20x leverage starting September 10, 2024. Binance Futures will launch the DOGSUSD COIN-M Perpetual Contract, offering traders up to 20x leverage. According to Binance, the new contract will be available starting from September 10, 2024 at 10:00 (UTC). Contract specifications The DOGSUSD COIN-M Perpetual Contract features a funding fee settlement frequency of every 8 hours. Binance reserves the right to adjust various specifications, including funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements, based…
It’s Friday! In today’s Daily, the Ethereum Foundation is set to release its financial report amid community criticism over its spending, Japan’s three megabanks plan to pilot stablecoins, and the US spot Bitcoin ETF continues to bleed.Meanwhile, former SEC Chairman Jay Clayton said in the latest episode of The Scoop podcast that the crypto industry is “evolving the infrastructure of the U.S. market.”Let’s get started.Ethereum Foundation Releases Financial Report Amid Community Criticism Over SpendingAccording to researcher Justin Drake, the Ethereum Foundation plans to release its financial report “relatively soon” to address community concerns about spending. In an AMA session on…