The meme coin craze is back on the Solana blockchain. Tokens paying homage to meme stock legends GameStop and AMC have been soaring, while the presale for Sealana (SEAL) just passed the $900,000 funding milestone. GMEWIFHAT & AMC Meme Coins Rocket on Solana Meme stock madness has fully spilled over to Solana. One token that […] Source CryptoX Portal
Day: May 15, 2024
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
“Proof-of-Personhood is a powerful concept but the solutions that exist today haven’t seen adoption because onboarding is invasive and high friction.” founder Terence Kwok said in the post. “We’re creating a decentralized identity protocol that solves verifiable uniqueness and humanity in a way that protects user privacy and self-ownership of data.” Source
US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions
U.S. spot bitcoin exchange-traded funds (ETFs) experienced two consecutive days of net inflows on Monday and Tuesday, totaling $166.5 million across both sessions. U.S. Bitcoin ETFs Record 2 Days of Net Inflows The week began positively for U.S. spot bitcoin ETFs, with notable inflows seen during the initial two trading days. On Monday, the collective […] Original
Analysts Forecast Explosive 200% Rally
Floki Inu (FLOKI), the meme coin inspired by Elon Musk’s Shiba Inu pup, is barking up a storm, with analysts predicting a potential price surge of 120% to a whopping 200% in the coming months. This comes amidst a period of impressive performance for FLOKI, defying a sluggish overall market. Related Reading Floki Inu Soars Against The Tide While the cryptocurrency market has faced turbulence recently, FLOKI has been charting its own course. Over the past month, the meme coin has skyrocketed by 40%, showcasing resilience and defying the broader…
Bitcoin, Ethereum prices rise after U.S. inflation report
Bitcoin and stocks experienced a notable price increase following the release of the April U.S. inflation data. The Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, indicated a 3.4% increase in consumer prices from last year. The year-over-year inflation figure represents a slight decrease from March’s inflation rate of 3.7%, as reported by the U.S. Bureau of Labor Statistics (BLS). 24-hour price of BTC from CoinMarketCap Shortly after the BLS published…
Crypto Old-Head Otoh Talks Casascius Bitcoins, Tax Havens and Old Friends
The pseudonymous investor – early to both Ethereum and Litecoin – has lived large. He is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31. Source
No regulatory wild west: how the ICO applies the law to emerging tech
Hello and thanks for having me here at New Scientist’s emerging tech summit. It’s a great opportunity to take part in such an event – talking about emerging technologies and their effect on all aspects of society. A bit of audience interaction to begin. Cast your minds back to November 2022. A little programme called ChatGPT was launched. Now, let’s bring you forward to February 2023. That programme just hit 100 million users. Suddenly generative AI was a key buzzword. It was all anyone could talk about – analysts said…
Data Indexer Subsquid Plans to Launch SQD Token Friday
The decentralized indexing protocol has raised over $17 million lifetime from venture capital firms and community investors. Source
Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network
The Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network’s throughput. As of 9:24 a.m. Eastern Time on Wednesday, five blocks have […] Original
Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week
Crypto analyst CryptoCon has revealed a key level to watch out for as Bitcoin attempts to break critical resistance levels. The analyst suggested that a drop to this price level may not be bad for Bitcoin and could instead be necessary for it to finally make that price rally. $57,938 Is The Price Level To Keep An Eye On CryptoCon mentioned in an X (formerly Twitter) post that $57,938 is the “new price to watch for the 20-week EMA (Exponential Moving Average).” He noted that such a price drop might…