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0.00000050 BTC
Market Cap (Rank#1269)
27.8941 BTC
Vol 24h
0.000109 BTC
Circulating Supply
Max Supply
4 days agocryptodaily
Five Blockchain Projects To Focus On In 2023
The year so far has been nothing but brutal to the crypto market. Despite continuous development and innovation in the blockchain space, coins have dropped magnificently with the total market capitalization of the crypto market, which stood at $3 trillion in November last year, now less than $1 trillion - representing over a 68% drop in less than a year. The decentralized finance (DeFi) market has witnessed a tougher drop from $97 billion at its peak to $26.26 billion, as of writing. And the once-raging non-fungible tokens (NFT) space needs no explanation - it is technically dead - with NFTs that cost millions of dollars trading over 90% less in value. Nonetheless, if you have been in the crypto market long enough, you must be convinced that the current bear market is just a phase and the market will bounce back quicker than most experts expect. However, as the crypto tides rise, not all projects will rise with it, most of the “useless” projects drowning with no chance of recovery - even when the bull market returns. In this piece, we focus on some of the projects that could be on their way to recovery despite the grime market conditions. We focus on the resistance these projects are showing during the bear market (despite dropping from all-time high values), the developmental promise they offer, their growing communities, the long-term value they will offer, and most importantly, their innovation in the blockchain space. Here are five of the top projects you should set your bets on as you await the end of this treacherous bear market. Ethereum: A new look proof-of-stake blockchain Nothing has captivated the crypto and blockchain community quite like Ethereum merge since the Luna/Terra collapse this year. On September 15th, the second largest blockchain successfully completed its transition to proof-of-stake (PoS) consensus mechanism, the merge, officially deprecating proof-of-work and reducing energy consumption by approximately 99.95%. This is expected to reduce the total world energy consumption by about 0.05%. While the energy consumption is a great deal to conserving the environment, the thing that places Ethereum on our list is the burn rate that is expected to remove over 1.5 million ETH from the ecosystem every year. This offers a great opportunity for Ethereum’s value growth, with the supply decreasing every year. Could we see Ethereum finally overtake Bitcoin as the number one cryptocurrency? T3rn - Full reversion of all blockchain executions If you have ever sent crypto or NFT to the wrong address or the wrong amount, you know it is impossible to recover the funds. This has been a contentious issue across the blockchain community, with proponents of the irreversibility stating it helps to keep the blockchain secure and prevents any interference from third parties, whether centralized exchanges, governments, or banks. On the flip side, opponents argue that for crypto to become a global monetary currency, reversibility of transactions should be implemented, as human mistakes, hacking and theft will remain prevalent despite crypto being implemented. One project, t3rn aims to make this a possibility while maintaining the security properties of blockchains. t3rn is a smart contract hosting platform that offers an innovative solution to interoperable smart contract execution with fail-safe mechanisms built in, that allows only successful transactions to be executed. The t3rn protocol focuses specifically on the fail-safe aspect of cross-chain execution, where an execution finishes in all of the connected blockchains or rolls back all of the trice (side effects). This improves the blockchain ecosystem as a whole, as any mistake (address or amount of funds) can be rectified before it's finalized while maintaining the security of the blockchains connected. As more people adopt the newest innovation in the blockchain space, the adoption rates of crypto will easily go up. It is truly a game-changer in the crypto and blockchain space. Rootstock (RSK) - Bitcoin-based smart contracts It’s almost impossible to look at the future of crypto without including the largest blockchain, Bitcoin, in the conversation. Our third project selection for a futuristic future in the blockchain space is Rootstock (RSK), a project offering users decentralized finance (DeFi) built on Bitcoin. While Bitcoin was specifically created with high restrictions when executing smart contracts in a bid to make it very secure and robust, the launch of blockchains such as Ethereum challenged the developers to create a better platform that could execute advanced smart contracts on Bitcoin. Hence the launch of Rootstock. Since its launch, the platform has welcomed a number of projects into the fray. Recently, the RSK client WakeUp Labs entered into a long-term strategic collaboration with Kilimo (Swahili for ‘agriculture’), a "climate tech" start-up that verifies the water consumption of agriculture businesses. In partnership with WakeUp Labs, an environmental conservation protocol built on RSK, and Kilimo will issue tokenized certificates, or verification NFTs, to entrepreneurs and farmers who create and use responsible water conservation techniques. Additionally, Rootstock also hosts the BitGive Foundation, one of the leading blockchain protocols for making charitable donations. Finally, 88i, an insurance platform, is also built on RSK technology offering clients care services in their insurance in a timely and relevant manner. The platform offers different customers connected with insurance brokers a fast, transparent and easy way to pay their insurance. Looking Glass - Prime Non-fungible token (“NFT”) architecture As the NFT craze reached a fever pitch in 2021, several developers noticed two major obstacles that were hindering the widespread adoption of this latest blockchain-based innovation. The first obstacle was the overall complexity of the creation and purchase experiences, the second obstacle was the lack of applications/blockchains or wallets in which NFTs can be used. With much fanfare still held in these assets, despite the crash in prices during the course of 2022, new NFT platforms are offering investors solutions to these obstacles in a bid to take NFTs back to their all-time high values. Such a project is Looking Glass Labs (LGL), a Web3 platform specializing in the non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams. While current NFT games offer 2D images and lower quality images, LGL allows users to curate next-generation 3D metaverses, allowing functional art and collectibles to exist simultaneously across different NFT blockchain environments. Bridge Champ - Bridge online gameplays Despite blockchain games facing criticism in the recent past, it remains one of the quickest and surest ways for blockchain to reach global adoption. According to a Citi Group report, the metaverse and blockchain gaming space will become a $30 billion market by 2030, with VC companies spending over $4.5 billion on the metaverse so far in 2022. Facebook (now Meta) has already spent over $12 billion on their metaverse project so far. The potential for growth is immense. Jelurida, a blockchain software company that develops and maintains the Nxt and Ardor blockchains, is aiming to capture this market with its investment in Bridge Champ, an online platform that combines bridge gameplay with tournaments and a growing social context to connect millions of players globally. The company makes it easier than ever to design, build and implement custom decentralized applications on public platforms or as private, permissioned or hybrid solutions. As traditional games move to the blockchain, contact bridges such as Bridge Champ will be important to bring more gamers into the space. Conclusion As we end the year, crypto markets look very unlikely to recover their 2021 bullish run. As investors, looking for the right project with a long term value proposition could be the key to big gains if the market recovers in future. The list above is in no way exhaustive but give a pretty good picture of which projects could shape the upcoming bullish run, if any happens in 2023. 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
5 days agocryptodaily
Flasko (FLSK) Set To Skyrocket As Ethereum (ETH) And Cardano (ADA) Investors Switching
It's 2022, and the world of cryptocurrency has flipped as many popular cryptocurrencies have reduced substantially in value. Investing in any kind of stock or crypto requires deep analysis and studying patterns of bulls and dips. Sometimes, presale tokens are considered better investments than major crypto stocks because they are sold cheap initially and have the tendency to skyrocket. This is why investors of Ethereum (ETH) And Cardano (ADA) are considering switching to the presale Flasko token which is available for only $0.025 per token. Read on to learn more. The Ethereum (ETH) Merge Merge, a long-awaited update to the Ethereum (ETH) blockchain, has been called "one of the biggest events in crypto history." The goal of the Ethereum (ETH) Merge, carried out on September 15th, is to make the network much more environmentally friendly and entice investors seeking income on their crypto assets. Demand for Ethereum (ETH) is difficult to predict in the near future. A good update could bring in more consumers, but the macro climate is still challenging for risky investments like cryptocurrencies. Even while the token's price may continue to fluctuate significantly in the near to medium term, the new approach seems to be designed to generate some stability in the supply of Ethereum (ETH), moving it closer to "stable money." Things Don't Look Pretty For Cardano (ADA) Cardano (ADA), which debuted in 2017, is promoted as the third generation of blockchain technology after Bitcoin and Ethereum (ETH). Cardano (ADA) claims to be a more scalable, secure, and efficient alternative to Ethereum (ETH). Many people in 2021 believed that ADA was a good investment in the future. According to their analysis, Cardano (ADA)’s value might increase to $3.10 in the next year and $10.46 in five years. Cardano (ADA) is down 64.46% so far this year. Cardano (ADA) is now trading around $0.40, with no signs of growth soon; hence the forecast of its improvement was wrong. Flasko (FLSK) Stands Out As The Strongest Investment Opportunity Flasko will be the first and only alternative investment protocol that lets investors put their money into assets that include rare wines, champagnes, and whiskeys, which have been shown to appreciate steadily over time. Solid Proof has audited just one project in the premium wine and spirits investments sector, which is Flasko. Furthermore, the Flasko team has pledged to lock liquidity for 33 years, demonstrating their dedication to achieving their ambitious goals. Finally, we conclude that Flasko has a chance to be this year's best "sleeper" cryptocurrency investment. This is a great chance to get in on a project early, which is often where really significant returns on investment are found. Currently, Flasko is selling at just $0.040 per token but analysts predict that these could be worth as much as $4.20 by September 2023. Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
11 days agocryptopotato
Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder
Antoni Trenchev argued that bitcoin will remain the supreme cryptocurrency even after Ethereum's Merge.
14 days agocryptodaily
Walken Unveils New Roadmap And Sustainability For Users
Move-to-earn blockchain platform, Walken introduces new features in its new-look roadmap! Solana-based move-to-earn platform, Walken announced its new roadmap, unveiling various features and a new-look feel for players to enjoy the game better. The latest upgrades on Walken aim to push the fast-growing gaming platform to the “next level” allowing users to gamify a healthier lifestyle via blockchain technology and earn crypto in the process. Alexei Kulevets, CEO and co-founder of Walken stated the latest roadmap will make the platform “more sustainable” while maintaining its fun features for all gamers and users. Speaking on the unveiling of the latest roadmap and project’s growth, Kulevets said, "One of the main challenges of any gamified web3 project is to make it fun and sustainable, especially a free2play one. With Walken, we are proving the point that it's possible. We are grateful to our amazing community and work hard to make it even better". Launched earlier in the year, Walken has been in constant development to achieve the vision of connecting real-world sports activities with online gaming and crypto. The gaming platform aims to give gamers an opportunity to maintain a healthy lifestyle through games and cryptocurrency. The platform provides users with gamified ways to promote healthy lifestyles by adding financial incentives making the gamers stick to their healthy routines - a new revolutionary way to promote exercising and healthy lifestyles in Web 3. One of the top goals Walken aims for is allowing gamers to combine fun and sustainability while maintaining their healthy routines. As such, the platform has given rise to its own community and budding ecosystem, with thousands of users globally using the app on a daily basis. In light of the growing number of users, Walken unveiled its latest roadmap to further ensure sustainability and fun across the community. First, the new roadmap includes better localisation support with seven new languages added. Secondly, the new features also include using the 60 million community-generated tokens to re-invest in Walken and bring value to the community and a ranking system that depicts a player’s activity and achievements. It also includes an Ambassador program that will support local communities and a dedicated referral program with associated bonuses. In addition, Walken will also introduce a Wheel of Fortune to reward active players on iOS and Android apps. Notwithstanding, Walken is also launching a game in later months featuring the CAThletes, which are the NFT characters used within the Walken ecosystem. Currently in development, the game will be launched separately with gamers allowed to boost their CAThletes by earning gems. The gems are gained by walking and can be used to upgrade the NFT characters including speed, strength, and stamina, which helps in in-game battles. The sublime growth of the Walken app in 2022 Apart from announcing new features on their roadmap, Walken also shared some of the growth statistics that show the platform is set to have an explosive end of the year. The Android app user growth has flipped the iOS app growth since early August with 7,000 new unique daily users using the Android app while the iOS app receives slightly over 1,000 new unique daily users. The platform also received peaks of over 20,000 new daily users across July and August 2022, with Russia representing the biggest user base for Walken (19.6%), followed by Ukraine (10.4%), India (7.34%), and Vietnam (5.13%). Finally, Walken has over 1.11 million users on the app to date, with a projection of 2 million users expected to be using the app by the end of Q4 2022. The latest developments will enable Walken to further grow its user base and community at a rapid pace, the statement from the team reads. In the coming months, the platform will introduce staking features, enter new partnerships, and add social interaction features such as tournaments, etc. giving players a more inclusive gaming platform. 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
14 days agocryptodaily
ApeCoin (APE) and Shiba Inu (SHIB) Holders Flip to The Hideaways (HDWY) After Getting Bearish Forecasts
ApeCoin (APE) and Shiba Inu (SHIB) posted big gains following the recovery in the broader crypto market on Friday last week. Despite this, analysts warned investors that an upcoming sell-off could leave a painful dent in their portfolios. Meanwhile, The Hideaways (HDWY) has recently become a presale superstar. Their Gold tier membership is generating huge hype. A $10,000 investment secures you access to a luxury concierge service worth $50k a year, a complimentary 1 week 5* holiday including flights, a limited-edition NFT and more! ApeCoin (APE) Suffering in Bear Market? ApeCoin (APE) visited a two-week high just above $5 after jumping 16% in the last 24 hours. The Bored Ape Yacht Club’s native coin's recent performance is thanks to the revival of investors’ optimism for cryptocurrency after Bitcoin moved past an important resistance level at $21,000. But analysts are not keeping hopes up for a steady price recovery for APE. The coin has been trading at $4, barely giving investors gains since the beginning of September 2021. APE price retraced to $5.01 on Saturday after failing to breakout past a resistance found at $5.50. Investors are seemingly turning their back on APE in favor of tokens such as The Hideaways - a project offering huge VIP membership rewards. What’s worse, the Bored Ape Yacht Club NFT floor price dropped to an eight-month low in August. It fell to 65.68 ETH from an all-time high of 153.7 ETH which is a sign that APE is packed with volatility that could further bring its price down this month. SHIB Prices Being Manipulated By Whales Shiba Inu (SHIB) is trading at $0.0000130 and made a 6.11% gain in the last 7 days. But on-chain analysis reveals that increased whale activities this week are the only reason behind its recent hike. Analysts have seen an increased concentration of whale trades amounting to over $1 million in the last 48 hours. One wallet added $22 million worth of SHIB which made the account holder the 6th biggest SHIB holder to date. If whale activities continue, we can see the meme coin taking prices higher to the $0.0000150 level. But if these big investors decide to sell early, a retracement to $0.0000090 is possible. While Shiba Inu (SHIB) is still trading at a decent price, analysts have advised traders to take profits and reinvest. The Hideaways (HDWY) has been getting market attention lately on the back of its incredible VIP membership scheme and potential to generate gains of 4,000% in 2022 alone. The Hideaways (HDWY) Gives Huge VIP rewards With property prices increasing drastically every year, The Hideaways gives crypto investors the chance to be invested in a portfolio of luxury properties situated around the world. These properties generate huge monthly income for investors and the HDWY token is set to take off in 2022 as a result. Analysts have predicted a 100% price rise this week, with the price set to continue rising. This could be the best investment of 2022. The Hideaways (HDWY) is generating huge hype amongst investors due to its VIP scheme. Their Gold tier, available with a $10k investment, offers incredible rewards and with minimum investments of $20k and $50k, their Platinum and Diamond tiers make for truly remarkable reading! With an imminent price rise, you’d be wise to get in sooner rather than later! Website: Pre-Sale: Telegram: Twitter: Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
16 days agocryptodaily
Big Eyes Coin Price Fires Up During Presale, As Investors Eye Ethereum, Shiba Inu
The crypto market craze makes it hard to figure out blue chip coins to watch. Many new decentralized tracking tools like are gaining momentum to help traders figure out new and promising coins to try out. Surprisingly, rug pull projects also use these platforms to their advantage, making it hard for enthusiasts and traders to find promising tokens. Big Eyes Coin is a new promising meme cryptocurrency that seeks to improve liquidity distribution in DeFi. It will also assist in powering many charitable causes globally. Big Eyes' prospectiveness makes a good choice for crypto traders who may have missed out on Bitcoin and Ethereum. In the other world, Shiba Inu and Ethereum could give traders the market profitability they seek. Let’s see more below. The DeFi space cannot get over the Ethereum Merge just yet The Ethereum Merge will remain a huge part of Ethereum’s history. It will be remembered as the year DeFi moved an inch closer to the future. For Ethereum to remain relevant as the DeFi leading network, it needed to update its blockchain system, including moving from the Proof of Work consensus to the Proof of Stake (PoS) consensus mechanism. The Proof of Stake consensus would help Ethereum reduce its carbon and energy consumption and emission by 99%. This was imminent to win Ethereum some institutional favors. Ethereum’s migration to ETH 2.0 changed many things on the network, including its founder’s dominance; its market relevance and dominance, and paved the way for more scalable DeFi innovations. As investors prepare for the next bull trend, Ethereum could be a promising coin to keep a close eye on. Shiba Inu, relentless in its pursuit of Dogecoin In the past few months, Shiba Inu has flipped positions with many top 20 cryptocurrencies in its quest to be the leading meme token over Dogecoin. It’s quite surprising that Dogecoin has not moved from its position since the crypto winter, and has remained the leading meme token despite not powering a utility following a paradigm shift in the meme token space. Shiba Inu has, regardless, maintained its eagerness to become the number one and is actively integrating utilities and protocols that will give its native token relevance in DeFi in tandem with the value it gets from its community—the ShibArmy. Shiba Inu’s active partnership and position flipping make it a cryptocurrency to watch closely, as it possesses the capacity to become the leading meme token. Big Eyes Coin is firing up to insane prices following presale Big Eyes Coin is a community-driven meme token that will be used on an NFT marketplace and as a liquidity asset in the Big Eyes ecosystem. Big Eyes Coin has been on a presale spree, with its unit price soaring. While this appears to be positive news for early buyers, it may not be so for late buyers who may have to buy the token at an inflated price. However, Big Eyes Coin's current price at the time of writing could still double once its presale ends and it launches on Uniswap. So there is still time to benefit from this opportunity. Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
27 days agocryptodaily
Best Investments Choices Today: Uniglo (GLO), Cardano (ADA) And Pancakeswap (CAKE)
Bitcoin trades in a tight consolidation range and is poised for a breakout. Technical analysis indicates it will break out in bullish formation and move to flip the 21-day moving average from resistance into support. And when Bitcoin moves, altcoins fly. Uniglo (GLO), Cardano (ADA), and PancakeSwap (CAKE) have been selected by crypto analysts as the best picks, all possessing the potential for excellent long-term returns. The current entry points are superb, and successful traders make it a habit to buy low and sell high.Uniglo (GLO)- Value Backed CurrencyUniglo is a token designed to appreciate over long periods. GLO was developed in reaction to the lack of options available to investors for storing wealth. With volatility in digital assets and fiat’s value eaten by inflation, the ordinary investor is stuck. Developers at Uniglo have introduced value backing to this Ethereum-based social currency through leveraging buy and sell taxes to fund asset acquisitions. The Uniglo Vault holds a blend of digital and physical assets, including larger cap cryptos such as BTC & ETH to benefit from long-term appreciation, stablecoins to hedge against volatility, and high-end items such as fine art. Assets remain one of the last genuine stores of value and ordinary investors must expose themselves to assets if they want to preserve their purchasing power; the GLO token offers a simplified and diversified basket of securities in a single token. It is the perfect store of value. Cardano (ADA)- Top Tier Blockchain Infrastructure The Cardano Network has been making headlines recently with delays announced for its Vasil hard fork upgrade. Long-time investors in Cardano are not worried; under the steady hand of Charles Hoskinson, the Cardano Network has been built in a rigorous scientific fashion. Nothing is rushed, and this academic approach has been slow to bear fruit, but now Cardano represents some of the finest blockchain infrastructure in the digital asset space. More than 73% of the total supply of ADA is staked, showing investors have faith in this project's long-term capabilities, and it is an excellent token to hold. PancakeSwap (CAKE)- DeFi ParadisePancakeSwap is the most visited decentralised exchange within DeFi. CAKE, the native token, is provided to investors for providing liquidity and is a brilliant token for yield farming. Distributed in all of PancakeSwap’s liquidity pools, it can then be single staked on the platform to generate even more yield. The macroeconomic environment is currently risk-off. This led to money leaving DeFi and heading towards bonds. CAKE is currently massively undervalued by the market and when money begins to flow back into DeFi, expect this token to make an enormous rally. Find Out More Here Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
35 days agocoindesk
CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater
The original PFP NFT collection briefly reclaimed the top spot from Bored Apes in a sign of the softening market.
40 days agozycrypto
Ripple Case May Have Just Exposed SEC’s Shortcomings As XRP Outlook Flips To ‘Super Bullish’
Ripple Labs appears to be seeing the bright side of the ongoing lawsuit with the Securities and Exchange Commission (SEC).
40 days agozycrypto
Shock Flippening: Ethereum Finally Overtakes Bitcoin — Just Not The Way You Think
As Ethereum’s much-anticipated upgrade — known as the Merge — draws nearer, the cryptocurrency’s trading activity is booming. The second-largest cryptocurrency has overtaken industry leader bitcoin in the...
44 days agocryptosrus
Cardano Flips Key Altcoin — Here’s What This Means For ADA
Cardano continues to perform well this summer, most recently flipping a key altcoin in market cap. Find out what this means for Cardano’s prospects. Covered: Cardano Flips XRP Prospects Post-Vasil/Mark Cuban’s Comments Cardano Flips XRP Smart contract protocol Cardano (ticker symbol ADA) just flipped XRP in market cap. Cardano is now 6th in global market […] The post Cardano Flips Key Altcoin — Here’s What This Means For ADA appeared first on CryptosRus.
44 days agozycrypto
Cardano Flips XRP As ADA Hits 2-Month High, En Route to $1 Price
ADA is recently gaining momentum as it goes further up the 'Top 10' list of largest cryptocurrencies.
44 days agocryptodaily
Indian Authorities Freeze Vauld’s Assets Worth $46M
The Indian Enforcement Directorate (ED) has frozen the crypto and bank assets of troubled crypto lender Vauld, to the tune of INR 370 crore ($46 million). The crypto firm halted withdrawals and deposits in July. The ED, a law enforcement and economic intelligence agency of the Indian government, announced on August 12 that it conducted searches at the premises of Yellow Tune Technologies in Bangalore and issued a directive to freeze its bank balances, payment gateway balances, and the crypto balances of Flipvolt Technologies’ crypto exchange totaling $46 million. Flipvolt Technologies is the Indian registered arm of Singapore-headquartered Vauld. The authority explained that 370 crore rupees were deposited by 23 different entities into the INR wallets of Yellow Tune Technologies held by Flipvolt Technologies’ crypto exchange. The assets were “proceeds of crime derived from predatory lending practices,” according to the authority. It further stated, Yellow Tune by using the assistance of Flipvolt crypto exchange … assisted the accused fintech companies in avoiding regular banking channels, and managed to easily take out all the fraud money in the form of crypto assets. The ED is alleging that Flipvolt: Has very lax KYC [know-your-customer] norms, no EDD [enhanced due diligence] mechanism, no check on the source of funds of the depositor, no mechanism of raising STRs [suspicious transaction reports]. Flipvolt also failed to give the complete trail of crypto transactions made by Yellow Tune and was not able to provide any form of KYC of the opposite party wallets. The ED added that “by encouraging obscurity and having law AML [anti-money laundering] norms,” the exchange “has actively assisted Yellow Tune in laundering the proceeds of crime worth 370 crore rupees using cryptocurrencies.” It added, Therefore, equivalent movable assets to the extent of Rs 367.67 crore lying with Flipvolt crypto exchange in the form of bank and payment gateway balances worth Rs 164.4 crore and crypto assets lying in their pool accounts worth Rs 203.26 crore are frozen under PMLA, 2002, till complete fund trail is provided by the crypto 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.
47 days agozycrypto
USDC Predicted to Surpass Tether (USDT) As The Biggest Stablecoin In 3 Months
In light of this, recent research has predicted that USDC will flip USDT as the largest stablecoin in 3 months.
47 days agocointelegraph
Price analysis 8/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up.
49 days agocointelegraph
Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin price aims to break from its current range and flip $24,000 to support, while altcoins are following the upside move by attempting to confirm their bottoming patterns.
49 days agocryptodaily
Announcing Hashstack’s switch to Starknet
Bengaluru, India, 8th August, 2022, ChainwireHashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general-purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to build the critical infrastructure necessary to 10x the usability of decentralised finance, to truly empower financial inclusion through crypto. What are Zk-Rollups Ethereum is the most popular blockchain development platform. 26.65% of all Dapps in existence are deployed on Ethereum. Today, 9 out of 10 dapps get deployed on Ethereum, or evm-based L1. This is primarily due to lower development barriers, & matured ecosystem of developers, and resources. On the flip side, the increased network load consistently leads to exorbitant gas fees and slower transaction times; which greatly impacts the network’s scalability. This matters because blockchain has made significant strides over the past few years with a projected CAGR of 56.3% between 2022 to 2029. This might not be possible if the predicaments of today continue to exist. L2 scalability protocols such as zk-Rollups operate by rolling up hundreds of off-chain transactions into a single transaction. They return a short non-interactive argument of knowledge(SNARK) to the main chain as proof of validity. This ensures that instead of hefty transaction data, only the validity proof has to be kept on the main Ethereum network, making ZK Rollups a faster and cheaper way to confirm transactions. StarkNet, is a permissionless decentralized ZK-Rollup operating as an L2 network over Ethereum, where any dApp can achieve unlimited scale for its computation, without compromising Ethereum’s composability and security. About Starknet Future-ready: In development since 2017, Starknet’s one of the few market-ready ZK-rollups with over 205Mn transactions processed, facilitating over $657Bn trading volume, to date; instilling confidence in the network’s reliability. The community: Arguably the most collaborative ecosystem of builders we have come across. Adopting an entirely new development framework comes up with its own set of challenges. Starkware team’s success in building an open-minded, collaboration-centric community made it 10x easier for Hashstack’s team to evaluate & deploy on Starknet. Additionally, Starkware incentivised Hashstack for building & deploying on Starknet. Cairo Lang: Powers Starknet’s virtual machine, is a Turing complete language with syntax similarity to Python. Compared to Solidity, Cairo is less restrictive & provides full low-level access to low-level primitives. About Hashstack Hashstack builds the critical infrastructure necessary to further the usability of decentralised finance. Hashstack’s solution to the over-collateralisation problem in DeFi lending, Open is a non-custodial, zk-native money-market protocol designed to enable secure under-collateralised loans on-chain. ContactsVinay [email protected]
50 days agocryptodaily
Crypto Weekly Roundup: Nomad Hacked, Solana Wallets Hacked, ZB Exchange Hacked, Saylor Steps Down, SEC Steps Up, And More
It is been a hectic week that saw a handful of multi-million hacks and one of Bitcoin’s biggest evangelists step down from his post. Also, crypto regulations in the US have gone up another notch. Let’s take a look. Bitcoin Michael Saylor, who was serving as the CEO of business intelligence company MicroStrategy, has shifted to the role of Chairman after serving 30 years at the helm. Ethereum As the ethereum inspired rally continues, the image of the long-dreamt of flippening is beginning to be talked about again. The eth merger is also just on the horizon, and should it go well and the sell-the-news event done with, why shouldn’t a newly high-powered ethereum overtake bitcoin in market cap? Coinbase announced in a blog post published on Monday that Coinbase Prime was adding Ethereum to its growing list of staking options for US domestic institutional clients. DeFi The cross-chain token bridge Nomad suffered an exploit on Monday, August 1, with attackers draining the protocol of nearly all its funds. The total value of cryptocurrencies lost to the attack has totaled nearly $200 million. Nomad has announced that it has recovered $22 million. Data from Etherscan showed that Nomad had recovered around $22.4 million (11.4%) of the $190 million that was drained during the hack after the team announced a reward. Post the attacks on Solana, Near Protocol has issued an official disclosure of details into a similar issue, which it claimed was addressed and resolved earlier in June. Altcoins News has emerged that several hackers have targeted the Solana ecosystem, and losses are nearing the billion-dollar mark. The multimillion-dollar Solana Wallet hack has been traced back to a private key exploit tied to the Slope mobile wallet app. Technology Web3 platform Alchemy has marked its entry into the Polkadot ecosystem, announcing a critical partnership with Astar Network, a parachain of the Polkadot network. Once the deal is finalized and implemented, Astar can utilize Alchemy’s node infrastructure. Business The ZB cryptocurrency exchange advertises itself as one of the most secure exchanges in the crypto space. However, despite robust security measures in place, the exchange has become the latest entity in the crypto space to fall victim to the ongoing spate of hackings. According to the latest details available from PeckShield, the exchange has lost around $4.8 million in a coordinated attack. Fashion brand Gucci has announced that it is adding ApeCoin to its list of accepted cryptocurrencies. Beleaguered crypto lender Voyager Digital has been cleared to return some of the customer funds locked up at the Metropolitan Commercial Bank (MCB) by the judge presiding over the company’s bankruptcy proceedings underway in New York. The ruling clears the path for Voyager Digital to return around $270 million of frozen customer funds. Regulations According to a staffer from the office of United States Senator Cynthia Lummis, every exchange in the country, as well as Binance, is reportedly being investigated by the U.S. Securities and Exchange Commission (SEC). Japan’s central bank has put its CBDC pilot on hold, claiming that it requires further exploration and understanding of the market. NFT CEO Zuckerberg announced that Meta is expanding its NFT support for Instagram across international borders to reach users in over 100 countries. Jewelry brand Tiffany & Co. has unveiled its collection of diamond-encrusted and NFT-backed CryptoPunk pendants. 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.
54 days agocryptodaily
Is the ethereum bitcoin flippening on the way?
As the ethereum inspired rally continues, the image of the long-dreamt of flippening is beginning to be talked about again. The eth merger is also just on the horizon, and should it go well, and the sell-the-news event done with, why shouldn’t a newly high-powered ethereum overtake bitcoin in market cap? Perhaps bitcoin has found the bottom at $17,500. Since that time it has rallied up and now sits at between $23,000 to $24,000, with many hoping that it will reach the huge resistance at $28,000 to $30,000. However, the real star of the show has been ethereum. Where bitcoin put on nearly 40% from the bottom, ethereum went up around 100% to $1780 from its local bottom at $880. With such a heavy gain on bitcoin, and with the ETH merge to proof-of-stake just around the corner, the signs are there that should ethereum complete its milestones successfully, and without too many postponements (it has a history of these) then the flippening could well be on the cards. Quoted in a Forbes article earlier today, Mati Greenspan, founder of analytics platform Quantum Economics, said of the flippening: "I keep hearing people repeating the question, 'wen [sic] flippening? Even though there’s no guarantee this will ever happen, just looking at the numbers, it does seem like this event is getting closer by the day." Bitcoin owes its value to the perception that it is the digital version of gold. It does indeed have many important advantages over gold, and many say that it will equal gold’s market cap over the next few years. Some might well argue though that the market does not fully understand bitcoin’s place in the current economic downturn, which is increasingly looking like it might be quite severe. Bitcoin has the store of value proposition, but ethereum could have an even greater value due to its smart contract capability, and a far broader swathe of utility than bitcoin. Joe DiPasquale, the CEO of BitBull Capital, was also quoted on the Forbes article as saying that ethereum was a “differentiator”: "We do like ether, and we think it’s a major differentiator. Bitcoin has been the hundred-pound gorilla, but ether is really the other hundred-pound gorilla. Everything else trails behind." A lot will need to go ethereum’s way if it is to overtake bitcoin in value. However, all being well, bitcoin’s halving effect would be trumped by ethereum’s upgrade, which would vastly reduce the inflation rate of ether, leading to an even sharper supply reduction than the bitcoin halving. 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.
56 days agocryptosrus
Ethereum Flips Bitcoin In Key Metric
Just in time for proof of stake, Ethereum is starting to look bullish again thanks to flipping Bitcoin in one key metric. Covered: Ethereum Flipping Bitcoin Future Prospects Ethereum Flipping Bitcoin Ether Flips Bitcoin in Options Market for the First Time: Ether's put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit's Luuk […] The post Ethereum Flips Bitcoin In Key Metric appeared first on CryptosRus.
56 days agozycrypto
The Flippening: Why Market Pundits Say Ethereum Is Set To Become The No. 1 Cryptocurrency
the scenario in which ether inevitably overtakes bitcoin and becomes the number one cryptocurrency has been setting the community abuzz, as it...
56 days agocoindesk
Ether Flips Bitcoin in Options Market for the First Time
Ether's put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit's Luuk Strijers said.
59 days agocointelegraph
Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
59 days agocointelegraph
Bitcoin price rejects at $24K as 'classic short setup' spoils bulls' fun
$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty.

About FLIP

The live price of FLIP (FLP) today is 0.009645 USD, and with the current circulating supply of FLIP at 55,955,000 FLP, its market capitalization stands at 539,704 USD. In the last 24 hours FLP price has moved -0.000264 USD or -0.03% while 2.0959 USD worth of FLP has been traded on various exchanges. The current valuation of FLP puts it at #1269 in cryptocurrency rankings based on market capitalization.

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

FLIP Price0.009645 USD
Market Rank#1269
Market Cap539,704 USD
24h Volume2.1027 USD
Circulating Supply55,955,000 FLP
Max SupplyNo Data
Yesterday's Market Cap537,957.25 USD
Yesterday's Open / Close0.009878 USD / 0.009614 USD
Yesterday's High / Low0.009881 USD / 0.009571 USD
Yesterday's Change
-0.03% ( 0.000264 USD )
Yesterday's Volume2.0959 USD
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