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BlazeStake Staked SOL price, market cap on Coin360 heatmap

BlazeStake Staked SOL(BSOL)

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$201.449
(3.75%)
0.00299205 BTC
Market Cap (Rank#178)
$335,643,750
4,985 BTC
Vol 24h
$315,172
4.681139 BTC
Circulating Supply
1,666,148.79
Max Supply
?
193 days agocoindesk
ETF Euphoria Shows Bitcoin Needs Wall Street After All
Is an ETF at odds with Bitcoin’s goal of breaking away from Wall Street? Absolutely. Is that same ETF also necessary for crypto to grow? Also yes.
262 days agocryptopotato
How High Can Solana Go After Surging 85% This Month? Can This Meme Coin Pump Next After Raising $1 Million?
Solana (SOL) has been on an absolute tear last month after surging by over 85%, leaving the rest of the top-20 ranked coins in its dust. The cryptocurrency trades above $40, setting a fresh 13-month high as it recovers from the capitulation suffered during the FTX fallout. With altcoin projects rising, traders are also looking […]
269 days agocointelegraph
Crypto reshapes the American dream for younger generations: Report
Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.
275 days agocointelegraph
Prosecutors argue 'effective altruism' inadequate in Bankman-Fried case
Bankman-Fried's legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations.
276 days agocoindesk
'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds
Can Sun testified on day 12 of the Sam Bankman-Fried trial.
285 days agozycrypto
XRP Ledger Enhancements Go Live: UNL Vote Triumph Marks Arrival of New Amendments
Data from XRPScan reveals that several amendment proposals have passed and are now live on the XRP-Ledger (XRPL). Some of the main amendments have been around non-fungible tokens (NFT) on XRPL and have led to many bug fixes. Specifically, amendment ‘NonFungibleTokensV1_1’ enables native support for NFTs and makes prior NFT amendments obsolete. Emi Yoshikawa, VP […]
317 days agocoindesk
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
326 days agocryptodaily
Poor Peter Schiff still doesn’t get bitcoin
Peter Schiff took to Twitter to assure his followers that bitcoin adoption was not imminent and that a gambling use case would not be good enough either. Schiff scathing of Grayscale success Success for Bitcoin is absolute anathema to Peter Schiff. He has staked much of his reputation on Bitcoin just being a passing fancy and whenever anything happens to the contrary he heads straight to Twitter to give his anti-bitcoin views. When CNBC talking heads made the case that the recent victory for Grayscale over the SEC would likely lead to a momentum shift in the bitcoin price, Schiff took to Twitter to give his views on the subject. Once again the #Bitcoin shills on @CNBC have it wrong. A spot Bitcoin ETF does nothing to increase adoption. All it does is make it easier for some speculators to place directional bets on price. CNBC shills don't realize that gambling doesn't count as a use case for a currency. — Peter Schiff (@PeterSchiff) August 29, 2023 Gambling Schiff really has the bit between his teeth as he accuses speculators of “gambling” on bitcoin’s price direction. Of course, he is right in some respects here, as there are also others who do not yet understand what bitcoin offers over and above short term price movements. To gamble on bitcoin moving up or down when good or bad news drops is one thing, but Schiff does not mention the 75% or so of long term holders who haven’t sold anything in the last year, in spite of bitcoin visiting its cycle lows. Entrenched views Poor Peter has dug himself into a bit of a hole now with Bitcoin. Known as quite an eminent economist and financial analyst, Schiff has always been 100% against Bitcoin. Initially treating it as a bit of a joke, and more recently becoming more vehement in his dislike of the asset. Many might wonder how Schiff is still so entrenched in his views when even the likes of multi-trillion asset management Blackrock CEO Larry Fink is extolling the virtues of the king of the cryptocurrencies. Gold, not Bitcoin The answer is probably quite straightforward. Bitcoin takes the spotlight and much of the wealth away from what is dear to Schiff’s heart, and that is gold. Schiff’s business is gold, and with an economic catastrophe looming on the horizon, he would expect many to put their wealth into this proven hedge in the very worst times in monetary history. When realisation hits Bitcoin is probably becoming an irritating distraction to Schiff, and instead of acknowledging that it is an alternative asset to gold and just buying both, Schiff is bent on propagating the somewhat silly view put out by certain bankers and heads of global financial agencies that Bitcoin has no intrinsic value. Just like a staunch, fully paid-up member of the Flat Earth Society, Schiff looks as though he is going to tough it out no matter what. When bitcoin gets to its cycle top at a potential $100k and then enters the next bear market, he will say: “I told you so”. When Schiff comes to the full realisation that he has been wrong all this time it will be very interesting to see how he reacts. He does have a good sense of humour, and will need to call on it when the time comes. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
328 days agocryptodaily
Staynex Announces Exclusive Partnership with Miss Grand International in Vietnam
HCMC, Vietnam, August 28th, 2023, Chainwire Staynex has officially announced its collaboration with the highly-acclaimed Miss Grand International in Vietnam. Spanning across major cities, this event promises to be an exhilarating fusion of culture, beauty, and hospitality. "Established based on the goal of 'elevating the travel-resort experience', Staynex hopes that collaborating with a global ambassador will quickly spread the unique and different experiences brought by the platform to customers worldwide." says Tim Duong, COO at Staynex. Highlights of the Partnership: - Pan-Country Presence: The beauty pageant, renowned globally, will be hosted in major cities across Vietnam. Staynex's platform will serve as the hospitality backbone, with its affiliated hotels providing premium accommodations for pageants and organizers. - Global Representation: The event boasts of participation from many countries, celebrating the diverse tapestry of beauty and culture from every corner of the globe. - Innovative Engagement: Upping the ante in audience engagement, each contestant will be provided with a unique referral code. Their followers can utilize these codes to register for a Staynex subscription. This not only offers the followers a 12-month subscription at the price of 10 months ($10 a year or $1 a month), but they also get 2 additional months absolutely free. - Empowering Votes: Staynex is weaving its user acquisition drive seamlessly into the pageant process. Every successful referral and subscription through the contestant's code will be counted as one vote. This adds a fresh dynamic to the traditional voting mechanism, allowing fans to directly influence the competition's outcome while benefiting from Staynex's offerings. "We are excited to provide a platform where fans can actively participate in the success of their favorite contestants. This initiative is not just about crowning a winner, but also about expanding the Staynex community in a meaningful and engaging manner," adds Tim Duong, COO at Staynex. With beauty, talent, and hospitality coming together under one banner, the Miss Grand International in Vietnam promises to be a truly grand spectacle. Staynex's partnership further cements its commitment to promoting exceptional experiences and forging community ties on a global scale. --- About Staynex™ Staynex™, operating as part of the Labs Group Ecosystem, is a global vacation club platform aiming to reshape the travel and hospitality industry. It utilizes advanced technologies like artificial intelligence and Web3 to improve individual travel experiences and streamline corporate travel bookings. Staynex™ is committed to continuous service enhancement and global expansion, fostering a vision of making travel more accessible, efficient, and enjoyable for everyone. --- About Miss Grand International Miss Grand International (MGI) Pageant is a world-class center of creativity and entertainment, raising the level of the world’s beauty pageant industry, creating Soft Power to be the leader in the international beauty pageant arena, and expanding branding to all over the world. Miss Grand International (MGI) is regarded as an international beauty pageant with an increasing number of followers and popularity on social media and the fastest growing beauty pageant. Miss Grand International (MGI) has now become the world’s leading international beauty pageant and one of the 5 Gland Slam Beauty Pageants along with Miss Universe, Miss World, Miss International and Miss Supranational. For Partnerships & Investing: [email protected] Contact CEO of Staynex™Bernard [email protected]
328 days agocryptodaily
Staynex Announces Exclusive Partnership with Miss Grand International in Vietnam
HCMC, Vietnam, August 28th, 2023, Chainwire Staynex has officially announced its collaboration with the highly-acclaimed Miss Grand International in Vietnam. Spanning across major cities, this event promises to be an exhilarating fusion of culture, beauty, and hospitality. "Established based on the goal of 'elevating the travel-resort experience', Staynex hopes that collaborating with a global ambassador will quickly spread the unique and different experiences brought by the platform to customers worldwide." says Tim Duong, COO at Staynex. Highlights of the Partnership: - Pan-Country Presence: The beauty pageant, renowned globally, will be hosted in major cities across Vietnam. Staynex's platform will serve as the hospitality backbone, with its affiliated hotels providing premium accommodations for pageants and organizers. - Global Representation: The event boasts of participation from many countries, celebrating the diverse tapestry of beauty and culture from every corner of the globe. - Innovative Engagement: Upping the ante in audience engagement, each contestant will be provided with a unique referral code. Their followers can utilize these codes to register for a Staynex subscription. This not only offers the followers a 12-month subscription at the price of 10 months ($10 a year or $1 a month), but they also get 2 additional months absolutely free. - Empowering Votes: Staynex is weaving its user acquisition drive seamlessly into the pageant process. Every successful referral and subscription through the contestant's code will be counted as one vote. This adds a fresh dynamic to the traditional voting mechanism, allowing fans to directly influence the competition's outcome while benefiting from Staynex's offerings. "We are excited to provide a platform where fans can actively participate in the success of their favorite contestants. This initiative is not just about crowning a winner, but also about expanding the Staynex community in a meaningful and engaging manner," adds Tim Duong, COO at Staynex. With beauty, talent, and hospitality coming together under one banner, the Miss Grand International in Vietnam promises to be a truly grand spectacle. Staynex's partnership further cements its commitment to promoting exceptional experiences and forging community ties on a global scale. --- About Staynex™ Staynex™, operating as part of the Labs Group Ecosystem, is a global vacation club platform aiming to reshape the travel and hospitality industry. It utilizes advanced technologies like artificial intelligence and Web3 to improve individual travel experiences and streamline corporate travel bookings. Staynex™ is committed to continuous service enhancement and global expansion, fostering a vision of making travel more accessible, efficient, and enjoyable for everyone. --- About Miss Grand International Miss Grand International (MGI) Pageant is a world-class center of creativity and entertainment, raising the level of the world’s beauty pageant industry, creating Soft Power to be the leader in the international beauty pageant arena, and expanding branding to all over the world. Miss Grand International (MGI) is regarded as an international beauty pageant with an increasing number of followers and popularity on social media and the fastest growing beauty pageant. Miss Grand International (MGI) has now become the world’s leading international beauty pageant and one of the 5 Gland Slam Beauty Pageants along with Miss Universe, Miss World, Miss International and Miss Supranational. For Partnerships & Investing: [email protected] Contact CEO of Staynex™Bernard [email protected]
328 days agocryptodaily
dYdX Founder: Crypto Industry Should “Give Up” On US Markets
dYdX founder Antonio Juliano has suggested that the crypto space should “give up” on the US markets for the next five to ten years and focus on other markets. Juliano argued that crypto projects could scale faster by not serving the US markets because they would not have to deal with a hostile regulatory climate. Prioritize Markets Outside The US In a thread posted on X on the 25th of August, Juliano put forward his argument that builders in the crypto space must look to prioritizing markets and customers outside of the United States. He added that doing so will ensure the project’s growth, given that developers will face fewer regulatory hurdles and will be able to focus on user adoption and platform growth. Juliano primarily addressed startup projects rather than fully established players and emphasized that they could scale faster overseas in friendlier markets. “Crypto builders should just give up serving US customers for now and try to re-enter in 5-10 years. It’s not really worth the hassle/compromises. Most of the market is overseas anyway. Innovate there, find PMF [product market fit], then come back with more leverage. The only thing that matters for all of us is crypto finding 10x stronger product market fit.” He further added, “In the grand scheme of things, barely anyone uses or cares about crypto today. I personally don’t care about any outcome except growing crypto 100x+ long term.” Lack Of Clear Rules A Major Concern Many in the crypto space have stated that the United States needs more clarity when it comes to rules and regulations around crypto. A key example of this need for more clarity is the gray area surrounding the jurisdiction of the United States Securities Exchange (SEC) and the Commodity Futures Trading Commission (CFTC) over the crypto space. The United States government has continued to drag its heels on crypto regulations, and the dYdX founder has suggested that the crypto space needs to grow further in order to have greater sway over US policy. Juliano argued that it makes more sense for startups and builders to focus on finding product market fits overseas before returning to the US with the added leverage of large user bases. “This does not mean crypto US policy work is not important. It absolutely is, as it takes a really long time (must be ready for the re-entry), and much of the world will follow the US’s lead. Crypto not yet having world-scale usage/product market fit means we don’t yet have much influence in policy. We need to have products with massive usage where users (voters) say, ‘wait, I need this.’” A Different Perspective The CEO of Coinbase, Brian Armstrong, responded to the post and offered a different perspective to the argument. Armstrong struck a much more optimistic note, stating that the situation would get better in due time. “I see your point - but I think it will be better in a much shorter time. Probably by next year, if I had to guess. The US always gets it right after exhausting every other option. It will heal from these wounds, no matter how hard a small group of people try to stop progress.” Antonio responded with similar optimism but highlighted in his reply that the situation is different for fully scaled businesses and startups. “I’m optimistic! And we’re helping our small part with policy, too. I just think it’s different for startups vs. scaled businesses. If you haven’t yet found a strong product market fit, the tradeoff to move faster & more freely seems worth the somewhat smaller market size.” Wintermute CEO Evgeny Gaevoy also chimed in, agreeing with Juliano’s view, stating things would get better in 2-3 years, or never if not. Lack Of Regulatory Clarity Hurting US The ambiguity regarding regulations only hurts the US markets as big crypto firms look at other markets with regulatory clarity. Coinbase has made several efforts to influence crypto policy in the US. However, the firm is also expanding its global footprint, establishing operations in Ireland, Germany, the Netherlands, and Italy. Additionally, it is also considering a permanent move to the UK or Dubai. Binance, the world’s largest cryptocurrency exchange, is also attempting to be regulated in the UK. This comes despite the UK regulator issuing a ban on the exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
328 days agocryptodaily
dYdX Founder: Crypto Industry Should “Give Up” On US Markets
dYdX founder Antonio Juliano has suggested that the crypto space should “give up” on the US markets for the next five to ten years and focus on other markets. Juliano argued that crypto projects could scale faster by not serving the US markets because they would not have to deal with a hostile regulatory climate. Prioritize Markets Outside The US In a thread posted on X on the 25th of August, Juliano put forward his argument that builders in the crypto space must look to prioritizing markets and customers outside of the United States. He added that doing so will ensure the project’s growth, given that developers will face fewer regulatory hurdles and will be able to focus on user adoption and platform growth. Juliano primarily addressed startup projects rather than fully established players and emphasized that they could scale faster overseas in friendlier markets. “Crypto builders should just give up serving US customers for now and try to re-enter in 5-10 years. It’s not really worth the hassle/compromises. Most of the market is overseas anyway. Innovate there, find PMF [product market fit], then come back with more leverage. The only thing that matters for all of us is crypto finding 10x stronger product market fit.” He further added, “In the grand scheme of things, barely anyone uses or cares about crypto today. I personally don’t care about any outcome except growing crypto 100x+ long term.” Lack Of Clear Rules A Major Concern Many in the crypto space have stated that the United States needs more clarity when it comes to rules and regulations around crypto. A key example of this need for more clarity is the gray area surrounding the jurisdiction of the United States Securities Exchange (SEC) and the Commodity Futures Trading Commission (CFTC) over the crypto space. The United States government has continued to drag its heels on crypto regulations, and the dYdX founder has suggested that the crypto space needs to grow further in order to have greater sway over US policy. Juliano argued that it makes more sense for startups and builders to focus on finding product market fits overseas before returning to the US with the added leverage of large user bases. “This does not mean crypto US policy work is not important. It absolutely is, as it takes a really long time (must be ready for the re-entry), and much of the world will follow the US’s lead. Crypto not yet having world-scale usage/product market fit means we don’t yet have much influence in policy. We need to have products with massive usage where users (voters) say, ‘wait, I need this.’” A Different Perspective The CEO of Coinbase, Brian Armstrong, responded to the post and offered a different perspective to the argument. Armstrong struck a much more optimistic note, stating that the situation would get better in due time. “I see your point - but I think it will be better in a much shorter time. Probably by next year, if I had to guess. The US always gets it right after exhausting every other option. It will heal from these wounds, no matter how hard a small group of people try to stop progress.” Antonio responded with similar optimism but highlighted in his reply that the situation is different for fully scaled businesses and startups. “I’m optimistic! And we’re helping our small part with policy, too. I just think it’s different for startups vs. scaled businesses. If you haven’t yet found a strong product market fit, the tradeoff to move faster & more freely seems worth the somewhat smaller market size.” Wintermute CEO Evgeny Gaevoy also chimed in, agreeing with Juliano’s view, stating things would get better in 2-3 years, or never if not. Lack Of Regulatory Clarity Hurting US The ambiguity regarding regulations only hurts the US markets as big crypto firms look at other markets with regulatory clarity. Coinbase has made several efforts to influence crypto policy in the US. However, the firm is also expanding its global footprint, establishing operations in Ireland, Germany, the Netherlands, and Italy. Additionally, it is also considering a permanent move to the UK or Dubai. Binance, the world’s largest cryptocurrency exchange, is also attempting to be regulated in the UK. This comes despite the UK regulator issuing a ban on the exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
340 days agocryptodaily
Vitalik Opines On X’s Community Notes and Crypto Values
Vitalik Buterin, co-founder of Ethereum, provided an analytical dive into X's Community Notes tool via a post on his personal website. Notably, Buterin lauded the tool, formerly known as Twitter's Birdwatch, for aligning closely with the ethos of "crypto values" in mainstream contexts. Launched as Birdwatch in the U.S. in October 2022, Community Notes was conceptualized as a feature that would empower users to classify tweets based on their helpfulness and context. This was introduced prior to Elon Musk's acquisition of the platform. Buterin's assessment illuminated that the tool's core strength lies in its open-source algorithm, ensuring decisions about which notes are displayed are transparent and unbiased. He opined that the system is “the closest thing to an instantiation of ‘crypto values’ that we have seen in the mainstream world.” While emphasizing its merits, Buterin also touched upon certain imperfections of the algorithm, noting, "It’s not perfect, but it’s surprisingly close to satisfying the ideal of credible neutrality." Additionally, he highlighted the tool's capability in providing context to potentially misleading images used in news previews and addressing misinformation related to COVID-19. Going deeper into the mechanics, Buterin elaborated on how the algorithm avoids simplistically averaging out people's votes to gauge a comment's utility. He further noted its efficiency in detecting stark political differences in content, reinforcing its neutrality. Musk's Approach and Buterin's Observations Elon Musk's role in steering X's strategy since acquiring Twitter has been under scrutiny. Vitalik Buterin, while appreciating the algorithm's robustness, speculated that Musk might have directed the removal of certain Community Notes that could be perceived as contrary to his business alignments, specifically those critiques of the Chinese government. Despite this conjecture and comments on "highly contentious actions" post-Musk's takeover, Musk acknowledged Buterin's wrrite-up as a "great analysis". This commendation occurs amidst a backdrop of various discussions surrounding Musk's approach to free speech, exemplified by his self-proclaimed stance as a "free speech absolutist." There have been allegations, as per a Washington Post report, suggesting Musk’s potential involvement in introducing a five-second delay for links to specific news outlets, including The New York Times. In a somewhat tangential twist, Buterin's analysis was published at a time when Musk was reportedly involved in a digital altercation with Meta CEO Mark Zuckerberg, with discussions hinting at a potential mixed martial arts face-off between the two tech magnates. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.This report strives for a neutral and objective stance, drawing from the available data and insights. It is recommended to approach any speculation with caution and discernment.
340 days agocryptopotato
Here’s Why The Shiba Inu Price Has Dipped, as Traders Back These New Meme Coins To Pump
The spotlight in the crypto market is firmly on Shiba Inu, with investors expecting strong volatility in light of the imminent Shibarium launch. So far, $SHIB has disappointed the bulls as it has plummeted 3% over the past day. The past week’s meme coin rally has come to an absolute halt as other top tokens […]
341 day agocointelegraph
Big Questions: Did the NSA create Bitcoin?
Is Bitcoin the biggest intel honeypot in history? A former NSA agent says “they absolutely have the capability” but others ridicule the idea.
342 days agocryptodaily
Away from keyboard: How the PrimeXBT mobile app keeps you connected to crypto
For cryptocurrency traders, having constant access to account balances, open positions, and global market prices is absolutely essential. But being chained to a trading desk or computer simply isn't always desirable in today's fast-paced, mobile world. Thankfully, the award-winning PrimeXBT mobile app provides traders with everything they could possibly need to stay tightly connected to crypto markets, no matter where they are in the world. Whether lounging by the seaside on a tropical beach vacation, traversing new exotic lands as a digital nomad, or simply walking your dog around the neighborhood, you can react in real-time to sudden volatility spikes and efficiently manage existing trades in just a few taps. The PrimeXBT app puts a full suite of professional trading tools right to the palm of your hand. Stay informed with real-time market data and pricing The intuitive PrimeXBT interface grants easy access to over 100 diverse trading instruments across forex, commodities, stock indices, and of course, cryptocurrencies. The mobile app's customisable watchlist feature lets you easily track real-time pricing data across all major global markets. Scroll through and view up-to-the-second price action on popular forex pairs like EUR/USD and GBP/JPY. Check current gold and crude oil prices, alongside stock indices such as the S&P 500, FTSE 100, and Nikkei 225. The app also provides live updated prices for all top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and many more. With constant access to global market prices right at your fingertips, you can capitalise on emerging short-term opportunities or adjust current open positions to mitigate your risk. The app ensures you have the latest market data, no matter where you are located in the world, at any given moment. Execute trades and complex strategies in a few taps Acting decisively on a compelling potential trade is just as quick and seamless in the PrimeXBT mobile app. You can easily long or short Bitcoin and other popular digital assets with just a few taps. And use advanced mobile charting capabilities and technical indicators to help identify and confirm ideal entry and exit points. The app's robust trading features allow executing complex strategies like building long/short portfolios across diverse asset classes, to properly diversify and reduce risk. Or utilise leverage up to 200x on crypto trades, for significantly greater profit potential. Managing open positions across markets is equally simple and intuitive. The app clearly displays all current positions, their unrealised profit/loss in real-time, and allows you to quickly modify stop losses and take profit levels. You thus have full mobile control and can close positions to take profits or add margin to current trades when necessary. Access unique features like Covesting Copy Trading In addition to core trading capabilities, the PrimeXBT app also conveniently grants you access to unique proprietary features unavailable anywhere else. This includes the Covesting Copy Trading module, which lets you automatically mimic the trades of vetted professionals. You can browse detailed strategy manager profiles, showcasing transparent historical performance data. And pick a consistently profitable trader to copy based on metrics like all-time ROI percentage, win rate percentage, and five star rating. Any and all trades the manager executes will replicate in your account, allowing you to piggyback off their proven expertise. Copying the best crypto traders on the platform is an excellent way to diversify and grow your income streams. The mobile app makes it easy to find top trading talent and capitalise on their signals from anywhere around the globe. Deposit, withdraw, and manage your account on the go The ability to securely deposit funds, withdraw profits, or access 24/7 multilingual customer support via live chat is an additional convenience. The app even recently added the ability to purchase Bitcoin, Ethereum, USD Coin, and Tether stablecoins directly on your mobile device, making topping up your trading account easier than ever. Managing your fiat (USD and EUR), cryptocurrency, and stablecoin balances, and initiating transactions is simple and intuitive through the well-designed wallet interface. And should any issues arise, PrimeXBT’s responsive global customer support team is available through the app day and night. Built for today's active, on-the-go crypto traders In today's busy world, serious traders need flexible access to react to markets whether they are relaxing at home, working in the office, or anywhere else in between. With the full-featured PrimeXBT mobile app, cryptocurrency traders finally have sophisticated trading tools right at their fingertips, no matter where life takes them. The platform's steady enhancements and intuitive user interface clearly showcase why PrimeXBT rightfully earned the prestigious Forex Award for Best Crypto Trading App. If you want reliable, worldwide access to global markets, from anywhere at any time, download the free PrimeXBT mobile app for iOS and Android devices today.
346 days agocryptodaily
Has Bitcoin broken its shackles?
Bitcoin has remained trapped in a downward channel since the latter part of June. With the last couple of days of positive price action, is bitcoin now ready to go higher? A bull flag breakout? Bitcoin has been in an accumulation phase for the past seven weeks. Following a spike higher from a mid-June low of $24,800, the price almost reached $32,000 before rolling over and following the downwards channel it is currently trying to free itself from. Positive price action since Monday saw bitcoin emerge from its bull flag. However, Wednesday sees price trying to hold the top of the flag. Whether it is successful or not will signal the next phase of price action. If the breakout of the bull flag does get confirmed, bitcoin has the possibility to go much higher, with a measured move out of the flag taking it to $35,000, which would potentially turn $30,000 into new support. However, failure to break out of the flag can bring bitcoin ever closer to its major support of the uptrend which is underpinned by the 200-day moving average. A bounce here would be even more likely. Bears and bulls evenly balanced In fact the chart and fundamentals for bitcoin do look ridiculously bullish. It therefore has to be wondered why there is still so much bearish sentiment around the number one crypto asset? The Fear and Greed Index has been oscillating around the Neutral 50 value since the beginning of the year, signalling that bitcoin is balanced on a 50/50 market sentiment for higher or lower prices. It appears that something is needed to tip bitcoin one way or the other, and despite regulatory overhang of the crypto industry and the extremely negative pursuit of the foremost crypto exchanges of Binance and Coinbase by the SEC, there is still enough positive sentiment to balance things up. Why keep currency in the bank? In bitcoin’s favour, it does have to be wondered why people would choose to keep their fiat currency in banks. On the one hand there is the resulting reduction in purchasing power of fiat currency as central banks print more of it in order to pay debts. On the other hand, there are the banks themselves. Only propped up by the printing out of thin air of their own central banks. As exposure to commercial real estate and other bad debts become due, the central banks are going to have to hammer further on the keyboard digits in order to inflate even further. If one is to add all this negativity to the fact that we are living in an age where banks are becoming obsolescent, then all the currency being poured into propping them up would just appear to lead to much more pain for the average citizen, who must bear this cost through inflation and an accelerating loss in purchasing power. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
348 days agocryptodaily
US to add $5.2 billion to its debt every day for next 10 years - Bitcoin?
According to Bank of America analyst Michael Hartnett, the US government debt is predicted to rise to $50 trillion by 2033. This is the astonishing and ridiculous state our financial system has got into, and the vast majority of US citizens will probably just shrug their shoulders and carry on. An unfair downgrade? That the US was recently downgraded from triple A to double A+ was heavily lamented in US government and banking circles. Treasury Secretary Janet Yellen called it “puzzling”, “entirely unwarranted”, and a “flawed assessment”. Jamie Dimon, CEO of JP Morgan, said that the downgrade was “ridiculous” and that “it doesn’t really matter”, and that the markets would decide rather than the Fitch rating agency. Both of these heads of finance were hardly going to say that Fitch was absolutely right to make the downgrade, and so their hollow protests were probably to be expected. However, many will take them at their word and wonder why Fitch made this awful decision… Of course we can print money out of thin air, we’re the US government So the already impossible and insurmountable US debt figure is set to rise from the current $32.5 trillion to around $50 trillion over the next 10 years. Given that this is a figure produced by a banker, perhaps the eventual figure might even be much higher. In congress, there are those who revel in the special privilege that the US wields with the dollar as the world’s reserve currency. Brad Sherman is a staunchly anti-crypto congressman, always using his power and influence to malign and demean Bitcoin and cryptocurrencies. When accusing “crypto bros” of printing $1 trillion from thin air during a key congressional committee, he speculated that these same people might accuse the US government of doing the same thing. He said “perhaps we do” and vindicated the act by saying “we’re the US government”. When certain congressmen/women and senators have such a view, it is no wonder the US is in the impossible situation it is in. From the dollar sinking ship to the Bitcoin liferaft So, we know that the US is going to add to its debt mountain over the next 10 years at least, as it spends like a drunken sailor, injecting scandalous amounts of new currency into the system, leading to currency debasement on a massive scale and leaving its citizens to shoulder the cost. Bitcoin on the other hand has a fixed supply built into its code. As its halving approaches in April of next year and its supply is cut in half, expect a tsunami of wealth to leave the sinking ship which is the dollar and climb aboard the Bitcoin liferaft. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
353 days agocryptodaily
BlockFi Restructure Plan Nears Completion
Bankrupt cryptocurrency lending platform BlockFi's restructuring plan has taken a step closer to fruition, as the firm announced that its disclosure statement has received conditional approval from the U.S. Bankruptcy Court in New Jersey. This development is a critical part of the company's mission to maximize recoveries for creditors and expedite the return of cryptocurrencies to clients, said Mark Renzi, BlockFi’s chief restructuring officer. The firm's restructuring plan will allow BlockFi to direct efforts towards recouping funds from other failed businesses such as Alameda Research, FTX, Three Arrows Capital, Emergent, Marex, and Core Scientific. However, the proposed plan has not been devoid of criticism,. Organizations like FTX, Three Arrows Capital, and the Securities and Exchange Commission have voiced concerns about the plan's fairness and its potential to absolve BlockFi and its management from legal responsibility, especially with disputed transactions worth over a billion dollars hanging in the balance. Under the new plan, BlockFi intends to refund non-wallet funds back to customers, while also creating a "convenience claim class" for customers with claims under $3,000, who would receive a lump sum payout equating to 50% of the total claim. The company will also refrain from clawing back amounts under $250,000 that clients properly transferred from BlockFi interest accounts or BlockFi private client accounts to wallets. Despite the progress, hurdles remain. FTX and Three Arrows Capital have contested the disclosure statement, citing failure to meet bankruptcy code requirements and provide adewquate information for creditors to evaluate the feasibility of BlockFi's strategy. Meanwhile, the SEC has requested more detailed information on the releases. BlockFi's restructuring process comes after allegations of fraud by the company's unsecured creditors and former CEO Zac Prince. The firm was accused of breaking promises to customers by liquidating nearly $240 million in customers' crypto, which forms part of the justification for the move to appoint a Chapter 11 trustee outside of its bankruptcy plan. The deadline for voting on BlockFi's proposed reorganization is slated for September 11. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
361 day agocoindesk
Once a Pioneer, Cosmos Blockchain Project Faces 'Existential' Crisis
After the collapse of Terra, and with new competition on Ethereum, a network built for interoperability may be at risk of becoming obsolete.
368 days agocointelegraph
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
388 days agocoindesk
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.
389 days agocointelegraph
Australian stock exchange may consider listing tokenized real-world assets
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman.
407 days agocryptopotato
FancyCrypto: Making Crypto Mining More Accessible
Mining – the process of verifying transactions and packing them in blocks to send to the blockchain – is a critical component of many networks, including the largest one – Bitcoin. It’s the foundation around the entire cryptocurrency ecosystem (for a large part) is built on, and it is absolutely paramount to the concepts of […]

About BlazeStake Staked SOL?

The live price of BlazeStake Staked SOL (BSOL) today is 201.449 USD, and with the current circulating supply of BlazeStake Staked SOL at 1,666,148.79 BSOL, its market capitalization stands at 335,643,750 USD. In the last 24 hours BSOL price has moved 11.5974 USD or 0.06% while 333,513 USD worth of BSOL has been traded on various exchanges. The current valuation of BSOL puts it at #178 in cryptocurrency rankings based on market capitalization.

Learn more about the BlazeStake Staked SOL blockchain network and how it works or follow the price of its native cryptocurrency BSOL and the broader market with our unique COIN360 cryptocurrency heatmap.

BlazeStake Staked SOL Price201.449 USD
Market Rank#178
Market Cap335,643,750 USD
24h Volume315,172 USD
Circulating Supply1,666,148.79 BSOL
Max SupplyNo data
Yesterday's Market Cap346,836,928 USD
Yesterday's Open / Close196.569 USD / 208.167 USD
Yesterday's High / Low209.014 USD / 193.71 USD
Yesterday's Change
0.06% ( 11.5974 USD )
Yesterday's Volume333,513.19 USD
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