One prominent cryptocurrency analyst remains bullish on Memcoin, which has already fallen more than 4,000% in two months. A pseudonymous trader known as Altcoin Sherpa tells his 236,500 followers on social media platform “I’m getting close to buying, having filled around $0.80. Total purchases = Some purchases moved to $1, additional purchases moved to $0.80, and others moved to $0.65. Still, I hope the average stays below $0.80. I still think this is a good meme, and I hope it doesn’t attract goats/acts/etc after it gets listed.” Source: Altcoin Sherpa/X FARTCOIN is trading at $0.81 at the time of this…
Author: Crypto Flexs
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2024 was an important year for cryptocurrencies and blockchain networks. In the United States, we saw the launch of exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH), major protocol upgrades for altcoins, and the launch of new infrastructure networks.Here are 10 cryptocurrency projects that have implemented major protocol upgrades or launched their mainnet in 2024, without any particular ranking.Avalanche9000/Etna Protocol UpgradeConsidered the largest upgrade in the protocol’s history, the Avalanche network’s Avalanche9000 upgrade, also known as Etna, was released on the Avalanche mainnet on December 16 after a testing phase on the Fuji testnet.The update simplifies the subnet startup…
Funding rates indicate a potential recovery for ETH. Funding rates, a key indicator of market sentiment in futures markets, provide important evidence that trader behavior changes during the consolidation phase. Source: CryptoQuant Ethereum’s ability to remain firmly above $3,000 support has created an opportunity for optimistic market participants to regain ground. This change is reflected in a noticeable increase in funding rates, highlighting an increase in long positions as traders position themselves for a potential trend reversal. Rising funding rates highlight increased demand and are often interpreted as increased confidence in the asset’s recovery potential. If this momentum continues, Ethereum…
2024 was an important year for cryptocurrencies and blockchain networks. In the United States, we saw the launch of exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH), major protocol upgrades for altcoins, and the launch of new infrastructure networks.Here are 10 cryptocurrency projects that have implemented major protocol upgrades or launched their mainnet in 2024, without any particular ranking.Avalanche9000/Etna Protocol UpgradeConsidered the largest upgrade in the protocol’s history, the Avalanche network’s Avalanche9000 upgrade, also known as Etna, was released on the Avalanche mainnet on December 16 after a testing phase on the Fuji testnet.The update simplifies the subnet startup…
Dubai, United Arab Emirates, December 31, 2024, Chainwire Decentralized Science (DeSci) aims to address systemic inefficiencies in traditional scientific research, including bureaucratic funding processes, underfunded breakthrough opportunities, and limited retail access to longevity investments. SUI Desci Agents, a platform that helps retail customers invest in longevity research innovations, is poised to become a leading project at the forefront of upcoming trends. BIO Protocol Listed on Binance On December 23, 2024, Binance posted a tweet announcing the launch of Launchpool for the BIO protocol. Users can now stake BNB and FDUSD to earn BIO airdrops over 10 days, and the listing…
San Francisco, CA, December 31, 2024, Chainwire Open (also known as webisOpen for This technology, integrated with Compute Wormhole, facilitates on-chain analysis of genetic similarities between two viruses. sars coronavirus 2 (consecutive from Wuhan in 2019) and SARS-CoV (Continued in Toronto in 2003). This analysis is performed entirely on-chain using Open’s. Open Virtual Machine (OVM) within Trusted Execution Environment (TEE) (collectively known as Open’s Compute Wormhole) leverages and connects distributed computing from Hyperbolic Labs to ensure integrity, immutability, determinism, and tamper resistance. Additionally, OVM ensures verifiability through on-chain transactions, increasing transparency and trust in the results. These demos and experiments…
Chart patterns suggest that the Ethereum (ETH) layer 2 scaling solution altcoin could skyrocket by 2,400%, according to a prominent cryptocurrency analyst. Trader Ali Martinez told his 105,800 followers on social media platform X that Polygon (MATIC) has been building a multi-year descending triangle starting in 2021. “This pattern shows a push towards lower highs towards strong horizontal support at $0.285, a classic setup for a potential breakout. We could see a big move if Polygon closes above the descending resistance level of $0.69. Based on the triangle structure, a breakout could be targeted at $12. Of course, it all…
Blockchain Bandit hackers are back in action after previously stealing $90 million worth of cryptocurrencies, including Ether and Bitcoin, in 2018. Blockchain thieves have woken up; 51K ETH moved According to ZachXBT, the Blockchain Bandit attackers have become active again after several years of dormancy and have collected 51,000 ETH ($172.2 million) in a multi-signature address (0xC45C36017b0B7708f493534Ca4f0930964C1D542). https://t.co/lWmVEd2nJv — Wu Blockchain (@WuBlockchain) December 31, 2024 According to cryptocurrency research firm ZachXBT, the attackers consolidated 51,000 ETH (worth approximately $170 million) into a single multi-signature address, 0xC45C36017b0B7708f493534Ca4f0930964C1D542. Credit: ZachXBT’s Telegram channel Blockchain Bandit was dormant for six years and reemerged for…
The original concept for Pixels, one of the most popular Web3 games on the planet, was born after its founder left a cushy tech job in his early 20s to travel and work in New Zealand. “I moved to New Zealand because I wanted to mess up my life,” Luke Barwikowski told Hall of Flame. Barwikowski, who holds a dual degree in computer science and economics, worked as a software engineer in San Francisco and felt “I knew too much for a 23-year-old.” Barwikowski, now 28 and living in Miami, said his time in New Zealand was a blur of…
Miami, Florida, December 31, 2024, Chainwire Floki has partnered with Kings World Cup Nations, a soccer tournament aimed at combining traditional soccer and Esports. This collaboration expands Floki’s presence on the global stage following last year’s success at the Kings League Infojobs in Spain. Founded by Gerard Piqué, the Kings World Cup Nations features 16 national teams in a seven-a-side format that blends competitive football with digital entertainment. This competition will be held in Italy from January 1 to 12, 2025, and the final will be held at the Allianz Stadium in Turin. The tournament features a lineup of high-profile…