“The forex market represents trillions of dollars of daily volume. However, today it’s difficult to find a DeFi protocol offering on-chain currencies trading at true forex rate,” said Pablo Veyrat, CEO of Angle Labs, the development organization behind the protocol. Source link
One analyst on X notes that Chainlink is facing a tug-of-war between bullish momentum and strong upside resistance from profit-taking traders. For bulls to add to their longs and extend the uptrend, the existing oversupply must be moped, paving the way for more gains above immediate liquidation levels. LINK profit taking | Source: Analyst on X Profit Taking Slowing Down LINK Bulls Looking at the LINK price action in the daily chart, it is clear that buyers have the upper hand. Bulls have been relentless since the token bottomed out in September…
Bitcoin ETFs saw a total net inflow of $15.7 million on Monday, reversing a five-day streak of net outflows. According to data from SoSo Value, Fidelity’s Bitcoin ETF (FBTC) led the charge with an impressive net inflow of approximately $261 million in a single day. Following FBTC, BlackRock’s Bitcoin ETF (IBIT) also saw a substantial net inflow of about $35.4 million. The figures starkly contrast with the Grayscale Bitcoin Trust (GBTC), which experienced a significant net outflow of $350 million on the same day. Total net inflow since launch |…
The Future Is Open Finance Source
The trackers were off because in addition to the country’s long-standing policy of purchasing one bitcoin per day, El Salvador was also adding tokens via the sale of passports, currency conversions from businesses, and from mining and government services. Original
Singapore, Singapore, March 26th, 2024, Chainwire FOMO BULL CLUB, an exclusive, multichain, decentralized launchpad and liquidity hub for memecoins, targets key challenges in their launch process. By creating a launch framework on networks such as Polygon, Solana, Ethereum, Manta Network, and SUI, it removes the risk of rug pulls and guarantees instant utility for newly launched memecoins. FOMO BULL CLUB has been generating buzz on X, thanks to its highly successful member sale last month, which sold out in just 15 minutes, and its confirmed exchange listings of the $FMBC…
Addis Ababa, Ethiopia, March 26th, 2024, Chainwire DeMi, an innovative tokenized mining platform, has announced a partnership with BitCluster, a leading mining solutions provider, and this is an important step to expanding the capacity for both companies. DeMi, an innovative tokenized mining platform revolutionizing the industry, has announced a strategic partnership with BitCluster, a leading mining solutions provider. This collaboration means DeMi can scale up multiple times while optimizing energy costs. This will also allow platform users to mine cryptocurrency more effectively since the price of electricity is only $0.049…
New York, New York, March 26th, 2024, Chainwire Syntax takes natural language and converts it into Solidity code, enabling individuals and enterprises to ship production grade smart contracts, arbitrage agents, NFTs, rollups, and more. Syntax marks the manifestation of the Agent Economy in Web3. Today, Spectral Labs has launched Syntax, a new LLM enabling people to ship agents that automate onchain projects and tasks, thereby manifesting their Web3 product ideas. While still in beta, Syntax’s vision is to create an open onchain Agent Economy, where developers, individuals, and enterprises can…
Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin, the largest cryptocurrency asset, is presently demonstrating momentum, rising over $70,000 and recovering from a recent downward trend. Following the recovery, Rekt Capital believes that the pullback might be over, citing a similarity to the 2020 pre-halving retrace. Given the uncertainty of…
Jerrod Carmichael had been a famous comedian for almost a decade, with an eponymous NBC sitcom and a couple of stand-up specials under his belt, when he dropped his average-dude persona and started telling the truth about himself. In his Emmy-winning 2022 special, Rothaniel, Carmichael came out as gay, speaking openly, with plenty of rueful humor, about internalized homophobia and his fractured relationship with his devoutly Christian mother. It was a creative turning point as well as a personal one. In place of polished jokes, he offered earnest reflection, expressed…