[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage In recent weeks, Avalanche (AVAX) has seen a remarkable surge, surpassing several prominent cryptocurrencies such as bitcoin cash (BCH), polygon (MATIC), polkadot (DOT), tron (TRX), and chainlink (LINK). This rapid ascent has catapulted AVAX into the top 10 cryptocurrencies by market cap, now valued at $9.8 billion, excluding Lido Staked ETH. This achievement marks its highest position for the year. Avalanche’s rise has been particularly notable when compared to bitcoin (BTC). Among the top 30 cryptocurrencies, AVAX’s performance relative to bitcoin has been outstanding, with a…
Author: Victor Alexander
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The Solana-based DeFi aggregator Jupiter has initiated its eagerly awaited airdrop, allocating 40% of the total JUP supply, which equals 4 billion JUP tokens, to its users. Users can visit Jupiter’s website, where a portal has been set up, allowing them to connect their wallets and ascertain the quantity of JUP tokens they have earned. Although the exact start date of the claim process is not yet known, the anticipation among users is palpable. In a move to appreciate its user base, Jupiter has announced that…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin’s market behavior has always been a subject of intense scrutiny and analysis, with many attempting to decode its seemingly unpredictable price movements. Recently, a prominent cryptocurrency analyst, Steve, revealed what he calls the “biggest cheat code” in understanding Bitcoin’s market cycles. In his extensive YouTube video, Steve broke down the key indicators and rules he claims can predict Bitcoin’s major movements, offering a compelling narrative for traders and investors alike. The Essence of Steve’s Analysis At the core of Steve’s method are two critical technical…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Robert Menendez, a U.S. Senator known for his skepticism about Bitcoin from New Jersey, now finds himself in the middle of a storm. He’s facing charges tied to allegedly accepting bribes in the form of cash, gold, and even mortgage payments. These come from an alleged illicit bond with three prominent businessmen in his home state. In a recent indictment revealed on Friday, it’s said, “From 2018 through around 2022, both Menendez and his wife, Nadine Menendez, allegedly took in hundreds of thousands as bribes. In…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Last week, a district court judge gave the green light to the Securities and Exchange Commission (SEC) to reveal specific documents in their ongoing legal fight with Binance US. This decision followed a formal request made by the SEC to disclose these files to the public. These documents had been concealed since August, available only to legal teams connected to the case. The SEC took action against Binance US back in June, leveling 13 different accusations at the crypto exchange, including operating without proper registration. Notably,…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage If you’re a MetaMask user, you’ve got some good news. The company has just revealed that you can now convert your digital assets into fiat currency and send them straight to your bank or PayPal account. MetaMask shared this update on X (formerly Twitter), , also pointing out that they are the leading crypto wallet according to recent stats. We are beyond thrilled to announce our latest feature: Sell. Yes, you read that right. Available on MetaMask Portfolio, ‘Sell’ allows you to cash out your crypto…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Buterin’s Views on Bankman-Fried and Cryptocurrency Outlook Ethereum co-founder Vitalik Buterin recently discussed his skepticism regarding Sam Bankman-Fried and FTX in a podcast interview. While acknowledging Bankman-Fried’s high profile as an industry leader, Buterin emphasized that he and many others in the crypto community had reservations about him from the start. According to Buterin, a common misconception exists that the entire crypto ecosystem was surprised by Bankman-Fried’s actions. He stated: I think it is true that nobody expected a literal $8 billion blow up, but many…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Elon Musk, the tech tycoon, has dismissed the possibility of launching a proprietary cryptocurrency token for Twitter or the ‘X’ platform. This assertion was not part of an official announcement, but rather a response to a user’s post on Twitter. A Twitter user, @DogeDesigner, who has previously interacted with both Musk and Linda Yaccarino, the current CEO of ‘X’, warned that neither Musk nor ‘X’ had released any crypto tokens. This caution came in a tweet accompanied by headlines from news articles wrongly stating that such…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage In a significant move set to reshape the decentralized finance (DeFi) landscape, THORSwap, a leading decentralized exchange (DEX), has announced the introduction of what they term “a new revolutionary feature”: THORChain Streaming Swaps. According to the release, this novel functionality is designed to significantly enhance the permissionless cross-chain trading experience for users, a commitment THORSwap has staunchly upheld since its inception. THORSwap’s Background and Need for Streaming Swaps Underpinning THORSwap is the operational protocol of THORChain, which uses a slip-based fee model for its liquidity pools.…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Between July 26 and July 28, there was significant legislative movement in Congress concerning cryptocurrency. The focus of these actions was to establish regulations before the August break, with plans to reconvene on September 12th for further deliberations. Below are the crucial legislative components currently at stake. Countering Illegal Finances Some figures in Congress, led by Elizabeth Warren, have raised concerns about cryptocurrency being an avenue for illegal financial activities. Despite pushback from the industry, there’s a need to ensure that cryptocurrencies aren’t misused, while also…