Solana powers the DeFi ecosystem. Coinbase announced cbBTC expansion for Solana. Marinade V2 introduces staking innovations. Solana Blockchain continues to solidify its position as a hub for decentralized finance (DeFi). The network recently unveiled several key partnerships and developments at its 2024 Breakpoint Conference in Singapore. Coinbase introduced Wrapped Bitcoin (cbBTC) to the Solana network, increasing Bitcoin liquidity on Solana. Meanwhile, Marinade Finance has unveiled its highly anticipated Marinade V2 staking upgrade. These are just a few of Solana’s recent partnerships. Solana Marinade for Staking V2There were several major developments at the Solana Breakpoint conference. On Saturday, September 21, at…
Author: Crypto Flexs
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As the cryptocurrency trading landscape evolves, choosing the right exchange has become important for both traders and investors. With an increasing number of platforms offering advanced tools, competitive fees, and diverse asset listings, it is essential to understand the pros and cons of each platform. Among the rising names in the cryptocurrency world, Toobit Exchange and MEXC Exchange have garnered significant attention as they offer unique features for futures trading, cryptocurrency trading, and derivatives trading respectively. In this review, we take a closer look at the features and benefits of these platforms, covering everything from trading fees to supported coins…
Solana is gaining speed above the $150 resistance zone. SOL price is rising and could target a fresh rally above the $158 resistance zone. SOL price started a new rise above the $150 area against the US dollar. The price is currently trading above $152 and the 100-hour simple moving average. The hourly chart of the SOL/USD pair shows a major bullish trendline with support at $150 (data source from Kraken). A break above the $158 resistance zone could bring back bullish momentum. Solana Price looks for more upside Solana’s price expanded beyond the $150 resistance line like Bitcoin or…
Jessie A. Ellis September 27, 2024 14:58 The Hong Kong Monetary Authority (HKMA) will release its quarterly and semi-annual monetary and financial stability reports in September 2024. The Hong Kong Monetary Authority (HKMA) has published the September 2024 issue. quarterly bulletin board and Semi-annual Monetary and Financial Stability ReportAccording to HKMA. Key features of the quarterly bulletin board that quarterly bulletin board Contains a feature article titled “Regulatory Framework for Stablecoin Issuers in Hong Kong”. This article takes a closer look at the established regulatory framework for stablecoin issuers in the region, providing insight…
Despite being a traditionally bearish period, this month is set to be the best September ever for Bitcoin (BTC), and signs of a retail comeback are starting to appear.The highest previously observed increase in September was a 6% increase in 2016. Bitcoin monthly return (%) chart by year. Source: CoinglassBitcoin also posted monthly gains in the fourth quarter, following a strong final month of the third quarter. 2015, 2016, and 2023 are all prime examples of strong quarters expected in 2024.Several Bitcoin Indicators Reverse BullishlyIn an Bitcoin: Coinbase Premium Index Chart. Source: CryptoQuantCoinbase premiums are often used as an indicator…
The widely respected trader is bullish on the mid-cap Real World Asset (RWA) token while providing insight into three other altcoins. The trader, who goes by the pseudonym Sherpa, tells his 223,600 followers on social media platform “It is still one of the better RWA options, has more float, less oversupply, and a lot of financial support.” Source: Sherpa/X OM is trading at $1.22 at the time of writing. Next is Solana (SOL). The anonymous analyst says Solana remains bullish despite the stock proving to be a “slow mover” in the recent past after outperforming peers like Sui (SUI). “Still,…
jack anderson September 27, 2024 11:52 Binance is introducing a Margin Trading Learn and Earn course with USDC rewards for eligible users from September 26 to October 10, 2024. Binance announced the launch of its latest training initiative, the Margin Trading Learn and Earn Course, which offers eligible users the opportunity to earn USDC rewards upon completion. This program runs from September 26, 2024 to October 10, 2024. How to Participate To participate, users must undergo KYC verification. Both new and existing users can enroll in courses and complete quizzes to earn rewards while…
ADA has surged more than 15% in the past week, with technical charts showing signs of a bullish reversal. The increase in active addresses and increased public interest indicates that interest in the ADA is growing. Cardano (ADA) has since experienced a notable price rebound. Long correction period Early this year. ADA has experienced a significant downward trend since hitting its highest of the year above $0.77 in January. However, in the past week the asset has surged more than 15% and this bullish trend has been extended over the past 24 hours, with the stock now trading at $0.41,…
Cryptocurrency securitization protocol Bedrock lost approximately $2 million due to a security exploit. In return, the attackers were offered the task of protecting the very protocols they had stolen.On September 26, Web3 security company Dedaub discovered smart contract vulnerabilities in several of Bedrock’s uniBTC vaults. According to Dedaub, the bug was disclosed to Bedrock, but no action was taken in response to the threat. The security company added:“Unfortunately, we discovered an issue in our smart contract a few hours ago, but by the time the team could respond, the vulnerability had been exploited.”This vulnerability caused approximately $2 million in damage.…
AVAX, the native token of the Avalanche ecosystem, has shown resilience, rising 3.45% over the past 24 hours amid rising expectations for the blockchain’s first major upgrade.According to data from Cointelegraph Markets Pro and TradingView, the AVAX token broke the 200-day exponential moving average (EMA) barrier on September 26, reaching an intraday high of $29.10. At the time of publication, the layer 1 token is trading at $28.91, up 10% over the past week and 12.5% over the past 30 days.AVAX/USD daily chart. source: TradingViewSeveral factors supporting AVAX’s strength include developments surrounding the upcoming Avalanche9000 upgrade, a surge in network…