Terrill Dickey November 4, 2024 21:58 As the US election approaches, the potential of blockchain in democratic processes is gaining attention, with liquid democracy and on-chain voting coming to the forefront. As the United States prepares for the November 5 election, conversations about the role of blockchain technology in the democratic process have intensified. According to the a16z cryptocurrency, the revival of citizen assemblies and the exploration of ‘liquid’ democracy are gaining traction along with the advancement of on-chain voting mechanisms. On-chain voting and liquid democracy Liquid democracy, an idea popularized by 19th-century thinker…
Author: Crypto Flexs
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Follow Aaron. our or X. After blessing a pair of classy gold sneakers and an American Bible, Donald Trump’s cryptocurrency, World Liberty Financial (WLFI), immediately appeared to me like another way to squeeze more money out of his fan base. But when YouTuber Coffeezilla analyzed the project in more detail, it turned out to be even more ridiculous than I expected.First of all (not surprisingly), WLFI is fully pre-mined. 20 billion coins, equivalent to 35% of the total supply, are being sold for $0.015 each. The remaining 65% of coins are allocated to protocol development and insiders.This means that they…
A popular on-chain strategist says Ethereum (ETH) is demonstrating a great risk-reward ratio setup. Analyst Ali Martinez told his 76,900 followers on social media platform “Ethereum’s risk-reward ratio is too good to abandon a long position! I have set a stop below $1,880 and am aiming for a target of $6,000.” Source: Ali Martinez/X Looking at his chart, the analyst suggests that ETH is holding the lower trend line of the rising channel as support and could soon retest the upper limit around $6,100. However, fellow cryptocurrency trader Benjamin Cowen told his 819,000 YouTube subscribers that he expects ETH to…
Timothy Morano November 5, 2024 07:23 Binance is introducing a new USDⓈ-M perpetual contract to its futures copy trading platform, enhancing opportunities for novice traders to follow experienced portfolios. According to Binance, the leading cryptocurrency exchange announced the addition of a new USDⓈ-M perpetual contract to its futures copy trading platform starting November 5, 2024, at 09:00 UTC. This development aims to provide users, especially novice traders, with improved opportunities to participate in the cryptocurrency market, reflecting the trading strategies of experienced traders.Understanding Binance Futures Copy TradingBinance’s copy trading feature allows users to replicate…
Although the asset appeared to be trading in a bullish pattern, it was also facing significant downward pressure. Market participants contributed to this trend by moving NEAR onto exchanges. Over the past month, NEAR has struggled on the charts, down 25%. Even in the last 24 hours, the altcoin lost another 2.80% of its value. However, despite this bearish momentum, a new bullish pattern suggested that the downtrend may be temporarily halted. The pressing question is whether bullish expectations can withstand continued selling pressure from market participants. NEAR shows bullish potential on the chart. On the daily time frame, NEAR…
Ted Hisokawa November 5, 2024 07:39 The Hong Kong Academy of Finance has announced that recruitment has opened for its 2025 Finance Leaders Program, which provides nine months of transformational experience to emerging finance talent. The Hong Kong Academy of Finance (AoF) has officially opened applications for admission to the 2025 Financial Leaders Program (FLP), according to the Hong Kong Monetary Authority. The program, designed for emerging financial talent approximately two levels below the CEO, will begin in April 2025 and run part-time over nine months. Program Overview FLP has received positive feedback from…
This article is also available in Spanish. Ethereum is trading at critical demand levels after falling 11% from recent local highs. These declines have analysts and investors nervous. Losing this level could trigger an aggressive selloff and potentially push the price of ETH lower. However, amidst these concerns, prominent analyst Ali Martinez shared a bullish technical analysis, highlighting a strong risk-versus-reward setup on the Ethereum charts. According to Martinez, current levels provide an attractive entry point, suggesting that Ethereum could see a significant upside if it receives support. Related Reading The timing of this potential rebound is especially noteworthy with…
Bitcoin will rebound “above macro trends,” but new predictions only come in 2025.Keith Alan, co-founder of trading resource Material Indicators, saw in his latestBitcoin will beat “anything” macro trendBitcoin traders are bracing for volatility and surprising moves as US Election Day approaches, but some are already looking ahead to the results.For Alan, a Trump victory would trigger a “knee-jerk” reaction for BTC/USD, and the opposite would happen if the Democrats took power.He concluded that “Bitcoin will not create a new ATH before votes are counted” as one of four “assumptions” for short-term BTC price performance.Alan pointed out that various support…
A lawyer representing Elon Musk and his America PAC political action committee told a Pennsylvania judge on Nov. 4 that the recipients of his client’s daily $1 million “giveaway” were handpicked based on personal stories. The testimony, provided by Chris Gober, an attorney known for his work with the Republican Party, disputes the portrayal of the so-called sweepstakes as a lottery for voters. voter incentivesMusk announced a program in early October that would pay $1 million each day leading up to the election to one randomly registered voter in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin. But according…
Tony Kim November 5, 2024 06:43 a16z Crypto is investing $23 million in Fairshake PAC to help establish bipartisan cryptocurrency policies for the 2026 midterm elections and highlight the need for clear regulation. a16z Crypto’s Policy Commitments a16z Crypto, a venture capital fund known for its investments in cryptocurrency and web3 startups, announced a significant financial commitment to shape U.S. cryptocurrency policy. According to a16z crypto, the company is donating more than $23 million in additional funds to Fairshake and affiliated PACs during the 2026 midterm election cycle. Support bipartisan efforts The Fairshake organization…