Author: CryptooTimes
Significant developments have unfolded within Constellation Network, showcasing their progress and future vision in the Web3 realm. Notable among these updates are Ben Jorgensen’s insights into Web3 dynamics, Constellation’s strategic involvement in the DeRec Alliance, and the technological advancements highlighted by the Euclid SDK. We have provided a comprehensive overview of Constellation’s recent activities, emphasizing their commitment to promoting industry adoption and pioneering innovative solutions. Keep reading below for more details! Constellation Joins the DeRec Alliance The DeRec Alliance The DeRec Alliance plays a crucial role in the blockchain ecosystem by addressing one of the most significant challenges in Web3:…
China’s central bank digital currency is now available in Hong Kong, as Beijing is pushing hard to digitize its economy. China has started its first pilot outside the mainland, with digital yuan now available in Hong Kong‘s local shops, according to a press release from the Hong Kong Monetary Authority (HKMA). The digital yuan — also known as e-CNY — is now undergoing a pilot for cross-boundary payments. Currently, the use of e-CNY is limited to Hong Kong residents, allowing them to top up digital wallets with up to 10,000 CNY (approximately $1,385) through 17 retail banks in Hong Kong,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MAR Mining offers a safe and convenient method for generating passive income through cloud mining. Since before this round of Bitcoin halving, the United States and Hong Kong have successively approved ETFs. This policy permission has made Bitcoin retail investment possible, which has greatly increased the investment value of Bitcoin. Therefore, before the halving, the price of Bitcoin hit a record high of $73,000. However, Bitcoin investment has always been subject to great volatility and risk. For example, as…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogeverse presale raises over $15 million, setting the stage for its highly anticipated exchange launch. The trending Dogeverse presale has raised over $15 million, and now all eyes are on its exchange launch. Its total raise makes it one of 2024’s most fruitful presales, but this is no surprise given the market-wide memecoin frenzy and Dogeverse’s use case. Dogeverse brings something new to the space Memecoins have fared crypto’s hottest trend this year, and the sector’s market cap currently…
Tokens with low initial circulating supply to fully dilute value ratios and threaten the crypto market. Binance experts have published a new report analyzing tokens launched in 2024. The study shows that the initial circulating supply to fully diluted value (FDV) ratio was the lowest in several years, indicating potentially high selling pressure that could negatively impact the crypto market. Source: Binance At the same time, the total number of tokens issued since the beginning of 2024 is already close to the 2023 figure, with Binance analysts suggesting that the number of projects with high FDV, dictated by low initial…
This article outlines a Solana (SOL) price prediction for the near future as well as potential price trends in the coming years. We explored SOL’s potential performance, influencing factors, and market expectations. Let’s take a look at the coin’s estimated trajectory based on current market trends and technical analysis. What is Solana (SOL)? Solana (SOL), a high-performance blockchain platform, has garnered substantial attention in the cryptocurrency sphere. Known for its exceptional speed and scalability, Solana has positioned itself as a formidable contender in the market, often dubbed the “Ethereum Killer.” This platform’s ability to process thousands of transactions per second…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. New meme coin project WienerAI (WAI) has raised over $2 million in its ongoing presale, with traders and analysts predicting a 100x surge for the token soon. Meme coins have taken the crypto market by storm this year. These coins, often characterized by their unique branding and community-driven nature, have captured the imagination of traders looking for the next big opportunity. One such coin that has recently made waves is WienerAI (WAI), a meme coin that combines artificial intelligence…
A Federal High Court in Abuja has denied bail to Tigran Gambaryan, a Binance executive, who faces charges of money laundering and tax violations in Nigeria. Justice Emeka Nwite ruled against granting Gambaryan bail on Friday, citing the executive’s potential flight risk and the severity of the allegations. Gambaryan, head of financial crime compliance at Binance, was arrested in February shortly after arriving in Nigeria to discuss the crypto exchange’s operations with government officials. The Nigerian Economic and Financial Crimes Commission is prosecuting the $35 million money laundering case, while the Federal Inland Revenue Service is overseeing tax violation charges.…
After announcing a new initiative, the Chainlink token has become a growth leader in the crypto market. According to CoinMarketCap data, Chainlink (LINK) has outperformed other cryptocurrencies over the past 24 hours, gaining more than 20%. The coin’s price increased by over $3, rising from $13.69 to $16.71 in a few hours. The growth in LINK trading volume was even more remarkable, soaring 335% over the past 24 hours to $1.34 billion. Source: CoinMarketCap Santiment data shows that LINK’s market capitalization surged 14% in eight hours. The number of whales has also increased by more than 4% to more than 564,000…
Spot Bitcoin ETFs offset April losses in the first two weeks of May. Eric Balchunas, Senior ETF Analyst for Bloomberg, noted that Bitcoin ETFs have already seen $1.3 billion in inflows in May, offsetting all of the negative inflows in April for a total inflow of $12.3 billion since launch. The bitcoin ETFs have put together a solid two weeks with $1.3b in inflows, which offsets the entirety of the negative flows in April- putting them back around high water mark of +$12.3b net since launch. This key number IMO bc it nets out inflows and outflows (which are normal)…
