Crypto Whales Accumulating Ethereum Scaling Altcoin by the Millions, According to On-Chain Data
On-chain data reveals that crypto whales are snapping up the native asset of a hot Ethereum (ETH) layer-2 project by the millions.
Blockchain-tracking firm Lookonchain says that digital asset manager Amber Group sent millions of dollars worth of Arbitrum (ARB) tokens to crypto exchanges OKX and Binance, where they could potentially be sold on the open market.
On-chain data reveals that crypto whales are snapping up the native asset of a hot Ethereum (ETH) layer-2 project by the millions.
Blockchain-tracking firm Lookonchain says that digital asset manager Amber Group sent millions of dollars worth of Arbitrum (ARB) tokens to crypto exchanges OKX and Binance, where they could potentially be sold on the open market.
Solana-based Symmetry Launches Its Highly Anticipated User Interface
Decentralized finance (DeFi) on the Solana blockchain takes a giant step forward today with the debut of Symmetry’s eagerly awaited User Interface at https://app.symmetry.fi/.
The platform offers a one-stop shop for creating, managing, buying, and selling funds to revolutionize the way users manage their portfolios through actively managed funds and cryptocurrency indices.
Decentralized finance (DeFi) on the Solana blockchain takes a giant step forward today with the debut of Symmetry’s eagerly awaited User Interface at https://app.symmetry.fi/.
The platform offers a one-stop shop for creating, managing, buying, and selling funds to revolutionize the way users manage their portfolios through actively managed funds and cryptocurrency indices.
Kadena could Synergize with Avorak AI to Provide Lightning Fast Transactions
With the emergence of Artificial Intelligence (AI) cryptos, the possibilities for the future are endless. In this article, we dive deep into the world of AI cryptos and how it could impact the markets. We’ll also examine Kadena, an Ethereum competitor, and how it could synergize with Avorak AI to provide lightning-fast transactions.
What is Kadena?Kadena is a blockchain network developed by Stuart Popejoy and William Martino, fintech experts who worked for JPMorgan, MIT, and the SEC’s crypto committee. The platform is built on the ScalableBFT consensus algorithm, which allows exceptionally high-speed and secure transactions. Furthermore, Kadena uses its native smart contract language, called Pact, which is designed to be more user-friendly than Solidity.
One of the unique features of Kadena is its ability to handle both public and private blockchains. This means that businesses can use Kadena to create their own private blockchain networks, which can be used to securely and efficiently manage their data and transactions.
With the emergence of Artificial Intelligence (AI) cryptos, the possibilities for the future are endless. In this article, we dive deep into the world of AI cryptos and how it could impact the markets. We’ll also examine Kadena, an Ethereum competitor, and how it could synergize with Avorak AI to provide lightning-fast transactions.
What is Kadena?Kadena is a blockchain network developed by Stuart Popejoy and William Martino, fintech experts who worked for JPMorgan, MIT, and the SEC’s crypto committee. The platform is built on the ScalableBFT consensus algorithm, which allows exceptionally high-speed and secure transactions. Furthermore, Kadena uses its native smart contract language, called Pact, which is designed to be more user-friendly than Solidity.
One of the unique features of Kadena is its ability to handle both public and private blockchains. This means that businesses can use Kadena to create their own private blockchain networks, which can be used to securely and efficiently manage their data and transactions.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Ethereum Rival Takes Hit As Institutional Investors Sell-Off Crypto Holdings: CoinShares
Digital assets manager CoinShares says institutional investors are likely taking profits on markets as Bitcoin (BTC) and altcoins suffer major outflows for the seventh week in a row.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $62 million in crypto holdings last week, proportionally similar to the major sell-offs early in 2022.
Digital assets manager CoinShares says institutional investors are likely taking profits on markets as Bitcoin (BTC) and altcoins suffer major outflows for the seventh week in a row.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $62 million in crypto holdings last week, proportionally similar to the major sell-offs early in 2022.
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto Markets’
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.” The market strategists at the American banking giant emphasize that similar spot bitcoin ETFs already exist internationally, but they have not gained much popularity among investors.
JPMorgan Analysts Doubt Impact of Spot Bitcoin ETF Approval on Crypto MarketsOver the past few weeks, there has been substantial discussion among bitcoin proponents regarding the potential approval of a spot bitcoin (BTC) exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In mid-June, Blackrock, the world’s largest asset manager, filed for a spot bitcoin ETF. Following this registration, numerous other institutions submitted applications for comparable exchange-traded products.
According to market observers, the recent launch of EDX, a cryptocurrency exchange supported by Charles Schwab, Citadel Securities, and Fidelity Digital Assets, coupled with the filings for ETFs, has resulted in an increase in BTC prices. JPMorgan analysts, in a report published on Thursday, express doubt about the transformative impact of a spot bitcoin ETF on the crypto markets, however, even if it receives approval from the SEC.
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.” The market strategists at the American banking giant emphasize that similar spot bitcoin ETFs already exist internationally, but they have not gained much popularity among investors.
JPMorgan Analysts Doubt Impact of Spot Bitcoin ETF Approval on Crypto MarketsOver the past few weeks, there has been substantial discussion among bitcoin proponents regarding the potential approval of a spot bitcoin (BTC) exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In mid-June, Blackrock, the world’s largest asset manager, filed for a spot bitcoin ETF. Following this registration, numerous other institutions submitted applications for comparable exchange-traded products.
According to market observers, the recent launch of EDX, a cryptocurrency exchange supported by Charles Schwab, Citadel Securities, and Fidelity Digital Assets, coupled with the filings for ETFs, has resulted in an increase in BTC prices. JPMorgan analysts, in a report published on Thursday, express doubt about the transformative impact of a spot bitcoin ETF on the crypto markets, however, even if it receives approval from the SEC.
Ethereum (ETH) Competitor Cardano (ADA) Witnesses Surge in DApp Activity in Q2 As NFT Volume Slumps: Messari
Crypto analytics firm Messari says that the Ethereum (ETH) competitor Cardano (ADA) displayed conflicting trends in the second quarter of 2023.
In a new analysis, the analytics firm notes that Cardano clocked an average of 57,881 daily decentralized application (DApp) transactions, an increase of 49% compared to Q1.
Crypto analytics firm Messari says that the Ethereum (ETH) competitor Cardano (ADA) displayed conflicting trends in the second quarter of 2023.
In a new analysis, the analytics firm notes that Cardano clocked an average of 57,881 daily decentralized application (DApp) transactions, an increase of 49% compared to Q1.
Analyst Bullish on Chainlink as Whales Increase LINK Holdings
Analyst Ali Martinez recently shared his thoughts about the price trajectory of LINK, the native cryptocurrency of oracle network Chainlink. He wrote on ‘X’ (formerly Twitter) that Chainlink maintained support between $6.63 and $6.88, highlighting that 29,000 addresses bought 295 million LINK worth over $2 billion. Whales eager to stock up on LINK seem to have recognized Chainlink’s strength by acquiring over $90 million worth of the asset.
Analyst Ali Martinez recently shared his thoughts about the price trajectory of LINK, the native cryptocurrency of oracle network Chainlink. He wrote on ‘X’ (formerly Twitter) that Chainlink maintained support between $6.63 and $6.88, highlighting that 29,000 addresses bought 295 million LINK worth over $2 billion. Whales eager to stock up on LINK seem to have recognized Chainlink’s strength by acquiring over $90 million worth of the asset.
Top Trader Says 2019-Style Market Expansion Coming to Crypto Markets – Here’s His Timeline
A closely followed crypto strategist is predicting a massive expansion for the digital assets market similar to what occurred in 2019.
Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells his 182,300 X followers that the crypto market could end this year on a positive note.
In 2019, the crypto markets bounced back from a dismal 2018 and saw an expansion of decentralized finance (DeFi) projects, setting the stage for huge bull rallies in 2020 and 2021, during the height of the COVID-19 pandemic.
A closely followed crypto strategist is predicting a massive expansion for the digital assets market similar to what occurred in 2019.
Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells his 182,300 X followers that the crypto market could end this year on a positive note.
In 2019, the crypto markets bounced back from a dismal 2018 and saw an expansion of decentralized finance (DeFi) projects, setting the stage for huge bull rallies in 2020 and 2021, during the height of the COVID-19 pandemic.
Top Meme Tokens Record Impressive Gains in 24-Hour Trading Frenzy
According to statistics on October 26, 2023, the meme coin crypto economy has risen nearly 10% against the U.S. dollar in the past 24 hours. The top five meme tokens, including dogecoin, shiba inu, pepe, floki, and baby doge coin, have risen between 7% and more than 28% in the last day.
Meme Coins Enjoy a 10% Uplift in Market ValueMeme coin values surged against the dollar on Thursday as the market valuation of the entire meme market reached $16.8 billion, up 9.9% over the past 24 hours. The leading meme coin in terms of market capitalization, dogecoin (DOGE), has risen 11% over the past day. Right below DOGE is shiba inu (SHIB), which gained 7.8% in the 24-hour span. DOGE has recorded $1.48 billion in global trade volume over 24 hours, and SHIB has seen about $428 million in trade volume.
Pepe (PEPE) climbed 8.9% against the dollar, and floki (FLOKI) saw a 28.6% rise during the past 24 hours. The fifth-largest meme coin by market cap, baby doge coin (BABYDOGE), has increased by 7% in the last day. The sixth-largest meme token, literally dubbed “harrypotterobamasonic10inu,” saw a 2.2% decline on Thursday, and dogelon mars (ELON) saw a slight 1.7% increase. The token wall street memes (WSM), on the other hand, saw an 18.2% decline against the dollar.
According to statistics on October 26, 2023, the meme coin crypto economy has risen nearly 10% against the U.S. dollar in the past 24 hours. The top five meme tokens, including dogecoin, shiba inu, pepe, floki, and baby doge coin, have risen between 7% and more than 28% in the last day.
Meme Coins Enjoy a 10% Uplift in Market ValueMeme coin values surged against the dollar on Thursday as the market valuation of the entire meme market reached $16.8 billion, up 9.9% over the past 24 hours. The leading meme coin in terms of market capitalization, dogecoin (DOGE), has risen 11% over the past day. Right below DOGE is shiba inu (SHIB), which gained 7.8% in the 24-hour span. DOGE has recorded $1.48 billion in global trade volume over 24 hours, and SHIB has seen about $428 million in trade volume.
Pepe (PEPE) climbed 8.9% against the dollar, and floki (FLOKI) saw a 28.6% rise during the past 24 hours. The fifth-largest meme coin by market cap, baby doge coin (BABYDOGE), has increased by 7% in the last day. The sixth-largest meme token, literally dubbed “harrypotterobamasonic10inu,” saw a 2.2% decline on Thursday, and dogelon mars (ELON) saw a slight 1.7% increase. The token wall street memes (WSM), on the other hand, saw an 18.2% decline against the dollar.
US Defense Department Urged to Integrate Bitcoin to Maintain Superpower Status
A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he stressed: “Addressing this could be vital for the U.S. to maintain its position as a global superpower and leader among nations.”
‘Bitcoin Represents Not Just a Financial Innovation but a Paradigm Change in Cybersecurity’Major Jason Lowery wrote an open letter to the Defense Innovation Board on Dec. 2 regarding “the national strategic importance of Bitcoin,” he described on Linkedin. Lowery is an astronautical engineer serving in the U.S. Space Force, the newest branch of the U.S. Armed Forces. The Defense Innovation Board provides independent recommendations to Department of Defense (DOD) leaders on emerging technologies and innovative approaches that the DOD should adopt to ensure U.S. technological and military dominance.
“During my studies at the Department of the Air Force’s Air Command and Staff College, we were introduced to the concept of an ‘offset’ as a strategy that leverages technological advancements to counterbalance or negate an adversary’s traditional military strengths or numerical superiority,” Lowery explained in his letter. “I contend that reusable proof-of-work [PoW] networks like Bitcoin represent an offset strategy for the 21st century.”
A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he stressed: “Addressing this could be vital for the U.S. to maintain its position as a global superpower and leader among nations.”
‘Bitcoin Represents Not Just a Financial Innovation but a Paradigm Change in Cybersecurity’Major Jason Lowery wrote an open letter to the Defense Innovation Board on Dec. 2 regarding “the national strategic importance of Bitcoin,” he described on Linkedin. Lowery is an astronautical engineer serving in the U.S. Space Force, the newest branch of the U.S. Armed Forces. The Defense Innovation Board provides independent recommendations to Department of Defense (DOD) leaders on emerging technologies and innovative approaches that the DOD should adopt to ensure U.S. technological and military dominance.
“During my studies at the Department of the Air Force’s Air Command and Staff College, we were introduced to the concept of an ‘offset’ as a strategy that leverages technological advancements to counterbalance or negate an adversary’s traditional military strengths or numerical superiority,” Lowery explained in his letter. “I contend that reusable proof-of-work [PoW] networks like Bitcoin represent an offset strategy for the 21st century.”
Trader Says Altcoin From Bitcoin Ecosystem Has a Lot of Room To Run, Updates Outlook on SEI and BONK
Widely followed crypto trader Altcoin Sherpa is bullish on one altcoin operating in the Bitcoin (BTC) ecosystem.
The pseudonymous analyst tells his 205,000 followers on the social media platform X that Stacks (STX) has more upside potential.
Widely followed crypto trader Altcoin Sherpa is bullish on one altcoin operating in the Bitcoin (BTC) ecosystem.
The pseudonymous analyst tells his 205,000 followers on the social media platform X that Stacks (STX) has more upside potential.
BTCS Reveals Innovative Crypto Product Lineup
BTCS Inc. (Nasdaq: BTCS), a seasoned player in the blockchain and cryptocurrency landscape, has been steadily carving a niche for itself among public blockchain companies through strategic technological advancements and astute financial management.With a legacy of spearheading early blockchain technologies in the public markets, the company has expanded its repertoire to include new products for Ethereum block-building.
This ambitious 2024 product roadmap is headlined by an evolving version of its StakeSeeker platform and the launch of Builder+, an Ethereum block builder.
BTCS Inc. (Nasdaq: BTCS), a seasoned player in the blockchain and cryptocurrency landscape, has been steadily carving a niche for itself among public blockchain companies through strategic technological advancements and astute financial management.With a legacy of spearheading early blockchain technologies in the public markets, the company has expanded its repertoire to include new products for Ethereum block-building.
This ambitious 2024 product roadmap is headlined by an evolving version of its StakeSeeker platform and the launch of Builder+, an Ethereum block builder.
Institutions On The Cusp Of Pouring Billions Into XRP, Ether, Solana, Shiba Inu Following Spot ETF Boom
Popular crypto podcaster Lark Davis sees the U.S. Securities and Exchange Commission (SEC) approving more spot Exchange-Traded Funds (ETFs) for altcoins later this year after the approval of several spot Bitcoin ETFs last month.
Sharing his insights on Saturday, the pundit began by highlighting Ethereum, emphasizing its potential surge to $4,000 by May 23rd, driven by the anticipation of a spot Ethereum ETF approval.
Popular crypto podcaster Lark Davis sees the U.S. Securities and Exchange Commission (SEC) approving more spot Exchange-Traded Funds (ETFs) for altcoins later this year after the approval of several spot Bitcoin ETFs last month.
Sharing his insights on Saturday, the pundit began by highlighting Ethereum, emphasizing its potential surge to $4,000 by May 23rd, driven by the anticipation of a spot Ethereum ETF approval.
Kevin Hart’s Bored Ape NFT Sells at an 81% Discount
American comedian and actor Kevin Hart’s Bored Ape NFT from the coveted Bored Ape Yacht Club (BAYC) collection has sold for a staggering 81% discount.
The NFT, which once fetched a hefty price tag of 79.5 ETH or $200,000 in January 2022, was sold for a mere 13.65 ETH or $47,000 on Monday as per data from NFT marketplace Blur.
The news of the sale has sent shockwaves through the NFT community, raising questions about the current state of the market and the value of NFTs. According to on-chain data, the comedian purchased the NFT using the MoonPay service, which partners with celebrities and helps them purchase NFTs. Other celebrities who have held BAYC include billionaire businessman Mark Cuban, singer Justin Bieber, Snoop Dogg, Paris Hilton and TV presenter Jimmy Fallon.
American comedian and actor Kevin Hart’s Bored Ape NFT from the coveted Bored Ape Yacht Club (BAYC) collection has sold for a staggering 81% discount.
The NFT, which once fetched a hefty price tag of 79.5 ETH or $200,000 in January 2022, was sold for a mere 13.65 ETH or $47,000 on Monday as per data from NFT marketplace Blur.
The news of the sale has sent shockwaves through the NFT community, raising questions about the current state of the market and the value of NFTs. According to on-chain data, the comedian purchased the NFT using the MoonPay service, which partners with celebrities and helps them purchase NFTs. Other celebrities who have held BAYC include billionaire businessman Mark Cuban, singer Justin Bieber, Snoop Dogg, Paris Hilton and TV presenter Jimmy Fallon.
AppLayer Launches Revolutionary EVM Network and $1.5 Million Incentive Program
AppLayer has announced the launch of a groundbreaking Ethereum Virtual Machine (EVM) network, which will introduce unparalleled speed and efficiency to blockchain application development.
This network delivers lightning-fast transaction speeds and offers a new Ethereum Virtual Machine (EVM) development approach for DeFi and GameFi developers.
The platform boasts a remarkable tenfold increase in transaction speeds compared to standard Golang-based EVM networks, with an astonishing 65-fold boost in execution speed thanks to its innovative use of C++ stateful pre-compiles.
AppLayer has announced the launch of a groundbreaking Ethereum Virtual Machine (EVM) network, which will introduce unparalleled speed and efficiency to blockchain application development.
This network delivers lightning-fast transaction speeds and offers a new Ethereum Virtual Machine (EVM) development approach for DeFi and GameFi developers.
The platform boasts a remarkable tenfold increase in transaction speeds compared to standard Golang-based EVM networks, with an astonishing 65-fold boost in execution speed thanks to its innovative use of C++ stateful pre-compiles.
Crypto Trader Nets 25x Profit on Solana-Based Memecoin That’s Exploded Over 1,200% in Three Weeks: On-Chain Data
One lucky trader is looking at huge profits after one Solana (SOL)-based memecoin soared over 1,200% in just three weeks, according to on-chain data.
Blockchain tracking firm Lookonchain says that one pre-sale participant in Beercoin (BEER) just made off with more than $1 million in profit.
One lucky trader is looking at huge profits after one Solana (SOL)-based memecoin soared over 1,200% in just three weeks, according to on-chain data.
Blockchain tracking firm Lookonchain says that one pre-sale participant in Beercoin (BEER) just made off with more than $1 million in profit.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.