Follow Nikolaus on X here. I watched the Donald Trump rally at Madison Square Garden last night with millions more live viewers online, and as someone who attended the Republican National Convention over the summer, I was struck by how massive this event was. There were over 20,000 people inside the venue and tens of thousands more outside. Now, a week before the election, it feels like the entire country is following in his footsteps.Over the past few months, I’ve been pretty pessimistic about Trump winning the election due to concerns about the Democrats’ election fraud scheme. But as an…
Author: Crypto Flexs
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Bitcoin (BTC) price started the week on a strong note, attacking the $69,000 level. But should traders expect a new all-time high before the end of today’s trading session?The $69,000-$70,000 area continues to remain a resistance cluster, as evidenced by the sell wall (red line above the BTC price) shown in the chart below. Similar to most recent price spikes, the move on October 28 was driven by futures market activity and liquidation. Notice how the funding rate and buying volume increased as the price rose from $67,600 to intraday highs. As was the case with previous attempts, the seller…
Dogecoin led the gains on Monday, hitting $2 billion in trading volume. Prominent market makers are pouring over 7% of Neiro ETH supply into Bybit. NEIRO recorded trading volume of $2.32 billion in its derivatives segment. Dogecoin (DOGE), the largest meme coin on the market, justified expectations for a historically strong October. known as This month’s “Uptober” delivered massive gains for memes and AI-based coins. Dogs fighting on chains.Dogecoin Leads the Dog House: $0.175 Coming Soon?With a gain of 6.2% in 24 hours, Dogecoin is heading toward $0.148, a three-month high hit on October 21, 2024. This time around, the…
Louisa Crawford October 28, 2024 16:12 Bitfinex announced that it will integrate Tether (USDt) deposits and withdrawals on the Aptos blockchain, increasing transaction speeds and reducing user costs. Bitfinex, a leading digital asset trading platform, announced the launch of Tether (USDt) deposits and withdrawals on the Aptos blockchain. According to blog.bitfinex.com, this development marks a significant improvement for Bitfinex users in that they will be able to conduct transactions on Aptos without the need for a third-party wallet. The growing popularity of Aptos blockchain The Aptos blockchain is known for its speed, scalability, and…
Veteran on-chain analyst Willy Woo said altcoins will continue to see less explosiveness over time as the cryptocurrency market matures. Woo told his 1.1 million followers on social media platform Rather than focusing on decentralized finance (DeFi) or some sort of technological innovation, Woo says the current altcoin hype is mostly focused on memes, which he believes is a poor view of the cryptocurrency space. The analyst says: “I’m not saying there won’t be an alt season. Certainly, there will be an echo fractal with mid-caps and low-caps pumping after the BTC pump as investors seek higher returns on the…
Decentralized Physical Infrastructure Network (DePIN) is one of the hottest new stories in the cryptocurrency industry. However, the extent to which the DePIN project actually relies on blockchain networks is currently an open question.Dubbed the “Internet of Things (IoT) with blockchain,” the DePIN project connects and manages physical devices that collect and exchange data, such as wireless networks, energy grids, or storage systems. These networks generate huge amounts of data, so connecting DePIN via blockchain requires a high-throughput chain. Even blockchains can only record small components of data.Helium, one of the best-known DePIN projects connecting wireless networks, abandoned its own…
rhinestone’s ERC-7579 adapter for Safe smart accounts provides full ERC-4337 and ERC-7579 compliance, which is achieved by acting as a fallback handler and enabled module for Safe. As a result, all safe smart accounts can utilize all ERC-7579 modules. The adapter can be added to an existing Safe smart account. However, a launchpad has also been developed that allows you to set up new safe smart accounts using an already activated ERC-7579 adapter. rhinestone collaborated with Ackee Blockchain Security to conduct a security review of the rhinestone ERC-7570 adapter for secure smart accounts over a period of 16 days, from…
AERO surged +1200 last year. Baseline growth was the most important driver. Will this trend continue? Airfield Cryptocurrency (AERO) It has seen tremendous growth thanks to the massive expansion of Base, the Ethereum (ETH) L2. Aerodrome is a strategic central liquidity provider for the Base ecosystem, operating as a decentralized exchange (DEX) and automated market maker (AMM). The growth of L2 has been a huge catalyst for the protocol. Total Value Locked (TVL) for Base in 2024 increase 6x (from $500 million to nearly $3 billion). During the same period, Aerodrome Finance’s TVL increased from $100 million to more than…
lawrence jenga October 24, 2024 14:30 BitMEX has switched the marking method of SCRUSDTH25 to fair price marking by leveraging a new index based on spot prices from Binance, Kucoin, and Bitget. BitMEX, a leading cryptocurrency exchange, has announced a significant change in the marking scheme for the SCRUSDTH25 contract. According to the BitMEX blog, from 09:10 UTC on October 24, 2024, the marking method will now be based on fair price marking. Introduction of strong indices The transition to fair price marking is facilitated by the construction of a composite index that accurately…
In response to claims that the Ethereum Foundation irresponsibly sold off its ETH holdings, co-founder Vitalik Buterin categorically denied the accusations against X. In his explanation, Buterin provided detailed insight into the foundation’s financial practices and contributions to the ecosystem. . The controversy arose when user Buterin quickly went to Is the Ethereum Foundation dumping ETH? On October 26, 2024, he gave a clear refutation to the rumor, saying, “You haven’t sold a single ETH in the past month?” In fact, the amount of ETH I hold has increased.” In response to further inquiries about the activities of the ETH…