Day: October 5, 2024

Axelar launches Mobius Development Stack for cross-chain interoperability

Axelar has introduced the Mobius Development Stack, a technology designed to make building decentralized applications across different blockchains easier.  The company’s new infrastructure, announced in an Oct. 3 Blockworks article, allows developers to connect various blockchain networks, including Solana (SOL), Stellar (XLM), and XRP Ledger (XRP), without the need for bridges — software tools that usually link blockchains. This infrastructure will streamline developers’ processes and enhance cross-chain functionality. Cross-chain connectivity simplified MDS integrates with popular OpenZeppelin libraries, which developers use to build secure smart contracts, and supports both on-chain and…

Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?

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Shiba Inu is making waves after wrapping up an astounding 1,000% increase in its burn rate, Shibburn data shows. This has occurred simultaneously with a nearly 7% increase in the value of the meme coin. Market observers are investigating what this may potentially mean for the future of SHIB, especially in light of the increased confidence in the cryptocurrency sector. Over 6 Million SHIB Incinerated The Shiba Inu community’s increasing dedication to lower the token supply reflects in the latest burn rate. Shibburn statistics show that during just the past…

Top altcoins for long-term growth and income

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Retirement planning in the crypto age demands careful strategy. Explore top altcoins: Chainlink, Lunex Network, and Ethereum. Like many aspects of life, enjoying the sunset years that are free from financial worries requires meticulous planning. Retirement planning in this crypto age requires more than a keen eye for opportunity.  Bitcoin may have been a household name. However, the potential for long-term growth and passive income lies with three top…

Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies

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According to data from CoinMarketCap, the price of Ethereum slipped by 10.23% over the last seven days in line with the general market negative movement. This crypto market downturn has been attributed to multiple factors including heightened geopolitical tensions in the Middle East and rising liquidations of long positions.  While Ethereum has experienced some rebound in the last day gaining by 3.21%, investors remain uncertain of a full price recovery with bearish sentiments raving through the market. Notably, an Ethereum ICO participant has now sold off a substantial amount of…

Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash City

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Bitcoin Cash (BCH) has emerged as a popular cryptocurrency, offering fast and low-cost transactions. In the vibrant city of Townsville, Australia, BCH adoption has reached new heights, thanks to the Bitcoin.com Wallet app and the Bitcoin.com point of sales register app. This article explores how the Bitcoin.com ecosystem, backed by generous supporters like Code Valley, […] Original

Mark Cuban praises Kamala Harris for engaging with the crypto crowd

Billionaire investor Mark Cuban voiced support for Kamala Harris’ approach to the cryptocurrency industry in a recent interview, applauding her for acknowledging digital assets during her 2024 campaign. Cuban, a longtime crypto advocate, noted in a Notus interview that Harris has been actively engaging with industry leaders in a shift away from the Biden administration’s regulatory stance. Cuban said Harris has been “seeking out meetings” with the crypto industry and listening to its concerns. According to Cuban, this approach starkly contrasts what many in the crypto community have experienced in…

Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Who Is Satoshi Nakamoto? 8 AI Chatbots Take Their Best Guess Ahead of HBO Documentary

Just recently, reports surfaced about an upcoming HBO documentary titled “Money Electric,” which promises to unmask the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. Over on Polymarket, bettors are wagering on who the film might unveil, and currently, Len Sassaman leads the pack as the most likely contender. Intrigued by this, we turned to […] Source CryptoX Portal

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

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Este artículo también está disponible en español. Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales Have Taken Lesser Profits In This Market Cycle Than Past Ones Ki Young Ju mentioned in an X post that if the Bitcoin bull cycle were to end…

Popcat boasts 35% surge driven by improved trader sentiment

Popcat emerged as the top gainer this week, driven by improved trader sentiment and a sharp rise in its futures open interest. Popcat (POPCAT) rose over 35% in the last seven days, hitting a new all-time high of $1.26 on Oct. 5. Most of these gains came within the last 24 hours. the token rose 20.6% from its intraday low of $0.98.  The Solana-based token was also up 112% over the past month, making it the second-largest gainer among the top 100 cryptocurrencies, boasting a market cap exceeding $1.2 billion,…