They say journalists never leave work. But for Christians it is not just a metaphor, it is a way of life. By day, I write articles that navigate the ever-changing waters of the cryptocurrency market, wielding words and deciphering jargon for the masses like a seasoned editor. But when the PC goes into hibernation, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the Bitcoin era. In the hallowed halls of academia, he honed his skills as a feature writer for college papers. An early love of storytelling paved the…
Author: Crypto Flexs
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MicroStrategy’s aggressive Bitcoin (BTC) acquisition strategy has captivated investors, but is it sustainable? With plans to raise $42 billion within three years, the company is taking bold steps to fund its Bitcoin purchases.For retail investors, the question is not only whether MicroStrategy’s move is pushing Bitcoin above $100,000, but also whether this approach is stable or sets the stage for a bubble.How MicroStrategy is financing its Bitcoin acquisitionMicroStrategy’s “21/21 Plan” describes a large capital raise split evenly between stock sales and bonds. Recently, the company raised $4.6 billion by selling 13.6 million shares along with issuing convertible bonds worth $2.6…
AVAX is holding at $34.05 with $875 million in 24-hour trading volume. There were 542 large transactions in 24 hours, with 59.5% of AVAX holders still making a profit. Avalanche (AVAX) At press time, it is trading at $34.05, up 0.54% over the last 24 hours and up 1.52% over the past 7 days. 24-hour trading volume was $87.5 million, reflecting continued market interest. Over the past week, AVAX price has fluctuated within a range of $31.00 to $37.01. Over the last 24 hours, the price has moved between $32.54 and $35.62. Despite some price volatility, the token has remained…
Dubai, United Arab Emirates, November 21, 2024, Chainwire Arcana Network is pleased to announce the beta launch of Arcana Wallet, now available in the Chrome Store. This beta sets a new standard for blockchain accessibility and user experience through its pioneering chain abstraction protocol. Built as the first External Owned Account (EOA) wallet to leverage chain abstraction, Arcana Wallet provides a frictionless multi-chain experience that allows users to seamlessly use assets across Ethereum, Base, Polygon, Arbitrum, and Optimism, with over 20 More new chains are added. soon. The Chrome extension wallet is available at www.arcana.network/wallet. Unified Balances: Use your assets…
Update (November 21, 11:30 AM UTC): This article has been updated to include clarification from Sui Network regarding downtime.Sui, a decentralized layer 1 blockchain designed for rapid smart contract deployment, experienced a severe outage on November 21, halting block production for more than an hour.According to data from Sui network explorer SuiVision, the Sui blockchain has been down for more than an hour without any blocks being created.According to the data, the last block occurred at 9:15 AM UTC and no new blocks were created after that.These are the last three transaction blocks on the Sui blockchain. Source: SuiVisionSeveral industry…
lawrence jenga November 21, 2024 09:49 To drive engagement from content creators, Manta Network has introduced a social gain program, rewarding them for promoting the ecosystem on platforms such as Twitter, Telegram, and Binance Square. Manta Network has unveiled its Social Gain program, designed to attract content creators to promote its ecosystem and services. This initiative aims to reward creators for their efforts to engage and educate the community about Manta Network, Ethereum’s leading modular layer 2 scaling solution. Program Overview The social good program is looking for passionate individuals, called ‘Mantalorians’, who have…
Luxembourg, Luxembourg, November 21, 2024, Chainwire DegenLayer, a newly launched memecoin-focused blockchain and trading terminal app suite, has announced the launch of its testnet, marking a significant step towards its upcoming mainnet launch. The platform aims to facilitate zero-setup memecoin trading and creation by leveraging $20 billion of liquidity within the Optimism Superchain ecosystem. The project developers expect daily profits in ETH to be $1 million, assuming daily DEX trading volume of $200 million. With low transaction fees and a streamlined user interface, DegenLayer seeks to provide a gateway for mainstream users to engage in blockchain-based transactions and creation. The…
Bitcoin saw a sharp rally on November 21, as liquidity pressure pushed the BTC price near $100,000.BTC/USD 1-hour chart. Source: TradingViewBitcoin gap with sellers above $100,000 widens.Trader Skew called a “pop” on last-request liquidity ahead of a key six-digit Bitcoin (BTC) price barrier, according to data from Cointelegraph Markets Pro and TradingView.At the time of this writing, BTC/USD is up nearly 3%, below $3,000 below its historic performance.“If a large seller takes a position, it will be here. It also makes sense in game theory in terms of first movers, requiring $100,000 of liquidity,” Skew said in a post on…
Shibetoshi Nakamoto blames Ether for its lethargic performance. Veteran cryptocurrency expert derives key levels to watch for Ethereum. Dogecoin outperforms Bitcoin by 4x on a month-to-month basis. With altcoins vying for a prime spot in the bull season, Dogecoin founder Billy Markus gave a shout-out to Ethereum (ETH). Known professionally as Shibetoshi Nakamoto, he has taken shots at Ethereum’s lackluster performance amid the ongoing Bitcoin (BTC) bull race, as his creations outperform both assets.Dogecoin founder mocks Ethereum’s price.The former IBM computer guru shared a price comparison chart of Bitcoin, Ethereum, and Dogecoin (DOGE), pointing out that one out of three…
Monkey Tilt, a cryptocurrency casino gaming platform launched in March, raised $30 million in a Series A funding round led by renowned cryptocurrency VC firm Pantera Capital.Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana and Josh Hannah, VC and co-founder of Flutter.com, which later merged with Betfair, also participated in the round. The financing brings Monkey Tilt’s total capital to more than $50 million, according to a statement. The company’s valuation has not been made public.Monkey Tilt describes itself as “an entertainment-first company that combines the traditional casino experience with enhanced social and lifestyle integration.” The platform provides a…