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Enlightening what is happening in the crypto world
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#Blast#niiarmah cryptoweb3
This incredible whale now holds the top position as the largest contributor on the Ethereum Layer 2 Blast Bridge.
A massive whale has staked 15,000 Ethereum (stETH), valued at $31.52 million, into the Ethereum Layer 2 protocol Blast, securing the position of the foremost depositor.
Blur NFT marketplace's team, behind the Ethereum Layer 2 protocol Blast, is gaining ground in the cryptocurrency sector, attracting attention from both whales and institutions participating in the staking-oriented blockchain. Simultaneously, Tieshun Roquerre, alias "Pacman" and the founder of Blur NFT marketplace, has responded to inquiries regarding the recently introduced L2 platform Blast.
The founder of Blur, known as Packman, has dispelled concerns about potential Ponzi schemes related to Blast's invite-based rewards. Packman clarified that the invite system is not a new concept but rather an established practice with a history.
As Blast captures the attention of whales, BLUR tokens experience an upswing following the second airdrop. Recent reports from CoinGape highlighted that 25 whales acquired BLUR tokens, primarily staking tokens purchased as Blur NFT marketplace introduced staking.
Following Binance, the world's largest exchange, listing BLUR, its price surged by 30%, resulting in a total weekly rally of 90%. Currently trading at $0.59, the price reflects some profit booking by whales.
This incredible whale now holds the top position as the largest contributor on the Ethereum Layer 2 Blast Bridge.
A massive whale has staked 15,000 Ethereum (stETH), valued at $31.52 million, into the Ethereum Layer 2 protocol Blast, securing the position of the foremost depositor.
Blur NFT marketplace's team, behind the Ethereum Layer 2 protocol Blast, is gaining ground in the cryptocurrency sector, attracting attention from both whales and institutions participating in the staking-oriented blockchain. Simultaneously, Tieshun Roquerre, alias "Pacman" and the founder of Blur NFT marketplace, has responded to inquiries regarding the recently introduced L2 platform Blast.
The founder of Blur, known as Packman, has dispelled concerns about potential Ponzi schemes related to Blast's invite-based rewards. Packman clarified that the invite system is not a new concept but rather an established practice with a history.
As Blast captures the attention of whales, BLUR tokens experience an upswing following the second airdrop. Recent reports from CoinGape highlighted that 25 whales acquired BLUR tokens, primarily staking tokens purchased as Blur NFT marketplace introduced staking.
Following Binance, the world's largest exchange, listing BLUR, its price surged by 30%, resulting in a total weekly rally of 90%. Currently trading at $0.59, the price reflects some profit booking by whales.
#InvestmentGoals #niiarmah cryptoweb3
Certainly! Here's a simplified version of how to invest in gold through five different methods for buying and selling it:
1. **Physical Gold:** Purchase gold coins or bars from dealers or mints.
2. **Gold ETFs:** Invest in Exchange-Traded Funds (ETFs) backed by gold.
3. **Gold Stocks:** Buy shares in gold mining companies.
4. **Gold Futures and Options:** Trade contracts to buy or sell gold at a future date.
5. **Gold IRA:** Invest in a retirement account backed by gold.
These options offer different ways to invest in gold, catering to various preferences and investment strategies.
Certainly! Here's a simplified version of how to invest in gold through five different methods for buying and selling it:
1. **Physical Gold:** Purchase gold coins or bars from dealers or mints.
2. **Gold ETFs:** Invest in Exchange-Traded Funds (ETFs) backed by gold.
3. **Gold Stocks:** Buy shares in gold mining companies.
4. **Gold Futures and Options:** Trade contracts to buy or sell gold at a future date.
5. **Gold IRA:** Invest in a retirement account backed by gold.
These options offer different ways to invest in gold, catering to various preferences and investment strategies.
#azcoinnews #niiarmah cryptoweb3
Binance Overtaken in Largest Share of Bitcoin Futures Open Interest
By AZC News | 5 hours ago
Analysts delve into a noteworthy 'flippening' scenario, witnessing the transition of Bitcoin futures open interest from Binance to the global derivatives marketplace, CME.
CME has surpassed Binance in securing the predominant share of Bitcoin futures open interest, marking a notable shift in the landscape after Bitcoin's resurgence beyond the $37,000 threshold, a level not seen in over 18 months.
Analysts have observed this intriguing 'flippening,' wherein the traditional derivatives marketplace heavyweight, Chicago Mercantile Exchange (CME), has outpaced Binance, the global cryptocurrency exchange, in terms of Bitcoin futures open interest.
Open interest, a crucial metric in futures and options markets, quantifies the total number of outstanding contracts held by traders at any given moment. It hinges on the disparity between contracts held by buyers (longs) and those held by sellers (shorts).
This concern has been a sticking point, causing the SEC to withhold approval for numerous spot Bitcoin ETF applications. Notably, the regulator informed major players like BlackRock and Fidelity that their filings were deemed "inadequate" due to the absence of crucial declarations regarding the markets underpinning the valuation of Bitcoin ETFs.
In its revised submission to the SEC, CBOE emphasized its commitment to strengthening mechanisms for detecting, investigating, and preventing fraud and market manipulation related to shares in the proposed Wise Origin Bitcoin Trust.
The exchange stated its anticipation of entering into a surveillance-sharing agreement with Coinbase, a prominent operator of a United States-based spot trading platform for Bitcoin, which constitutes a significant portion of both US-based and USD-denominated Bitcoin trading.
Binance Overtaken in Largest Share of Bitcoin Futures Open Interest
By AZC News | 5 hours ago
Analysts delve into a noteworthy 'flippening' scenario, witnessing the transition of Bitcoin futures open interest from Binance to the global derivatives marketplace, CME.
CME has surpassed Binance in securing the predominant share of Bitcoin futures open interest, marking a notable shift in the landscape after Bitcoin's resurgence beyond the $37,000 threshold, a level not seen in over 18 months.
Analysts have observed this intriguing 'flippening,' wherein the traditional derivatives marketplace heavyweight, Chicago Mercantile Exchange (CME), has outpaced Binance, the global cryptocurrency exchange, in terms of Bitcoin futures open interest.
Open interest, a crucial metric in futures and options markets, quantifies the total number of outstanding contracts held by traders at any given moment. It hinges on the disparity between contracts held by buyers (longs) and those held by sellers (shorts).
This concern has been a sticking point, causing the SEC to withhold approval for numerous spot Bitcoin ETF applications. Notably, the regulator informed major players like BlackRock and Fidelity that their filings were deemed "inadequate" due to the absence of crucial declarations regarding the markets underpinning the valuation of Bitcoin ETFs.
In its revised submission to the SEC, CBOE emphasized its commitment to strengthening mechanisms for detecting, investigating, and preventing fraud and market manipulation related to shares in the proposed Wise Origin Bitcoin Trust.
The exchange stated its anticipation of entering into a surveillance-sharing agreement with Coinbase, a prominent operator of a United States-based spot trading platform for Bitcoin, which constitutes a significant portion of both US-based and USD-denominated Bitcoin trading.
#BinanceBlockchainWeek #niiarmah cryptoweb3
Binance, a prominent cryptocurrency exchange, has introduced its innovative Web3 wallet during the Binance Blockchain Week conference in Istanbul. This move signifies Binance's strategic entry into the decentralized finance (DeFi) arena, aiming to provide users with a secure and seamless experience across 30 blockchain networks. The Web3 wallet, as highlighted by CEO Changpeng Zhao (CZ), empowers users in the Web3 framework, positioning Binance to compete with established players like MetaMask and Trust Wallet.
The Web3 wallet is designed to meet the increasing demand for decentralized finance applications, offering compatibility with various blockchain networks for activities such as staking, lending, and borrowing. Notably, it builds on Trust Wallet's technology, utilizing the Wallet as a Service (WaaS) approach to streamline development processes. Binance's listing of TrustWallet's native token (TWT) in the futures market intensifies the competition, evident in the market's response with a 7% drop in TWT price.
The creation process involves users using the Binance mobile app, enabling a smooth transition between wallet creation and DeFi engagement. However, the need for a know-your-customer (KYC) procedure during wallet creation raises privacy concerns in the decentralized space. Security, a paramount concern, is addressed through multi-party computation (MPC), enhancing protection by breaking up private keys into key shares.
CZ emphasizes Binance's commitment to a user-friendly and secure environment for exploring Web3. This aligns with Binance's overarching goal of fostering a robust and accessible decentralized ecosystem. As the cryptocurrency landscape evolves, Binance's venture into the Web3 wallet space reflects a strategic adaptation to meet evolving preferences while balancing accessibility, security, and the dynamics of decentralized finance.
Binance, a prominent cryptocurrency exchange, has introduced its innovative Web3 wallet during the Binance Blockchain Week conference in Istanbul. This move signifies Binance's strategic entry into the decentralized finance (DeFi) arena, aiming to provide users with a secure and seamless experience across 30 blockchain networks. The Web3 wallet, as highlighted by CEO Changpeng Zhao (CZ), empowers users in the Web3 framework, positioning Binance to compete with established players like MetaMask and Trust Wallet.
The Web3 wallet is designed to meet the increasing demand for decentralized finance applications, offering compatibility with various blockchain networks for activities such as staking, lending, and borrowing. Notably, it builds on Trust Wallet's technology, utilizing the Wallet as a Service (WaaS) approach to streamline development processes. Binance's listing of TrustWallet's native token (TWT) in the futures market intensifies the competition, evident in the market's response with a 7% drop in TWT price.
The creation process involves users using the Binance mobile app, enabling a smooth transition between wallet creation and DeFi engagement. However, the need for a know-your-customer (KYC) procedure during wallet creation raises privacy concerns in the decentralized space. Security, a paramount concern, is addressed through multi-party computation (MPC), enhancing protection by breaking up private keys into key shares.
CZ emphasizes Binance's commitment to a user-friendly and secure environment for exploring Web3. This aligns with Binance's overarching goal of fostering a robust and accessible decentralized ecosystem. As the cryptocurrency landscape evolves, Binance's venture into the Web3 wallet space reflects a strategic adaptation to meet evolving preferences while balancing accessibility, security, and the dynamics of decentralized finance.
#pepe #niiarmah cryptoweb3
Pepe Coin (PEPE) experienced a 13% surge, beginning the day at $0.000001156 and reaching $0.000001185 before a temporary setback. Despite brief bearish activity, bulls rallied and drove the price to a 30-day peak of $0.000001347, facing significant resistance. As of now, PEPE is trading 11.90% higher at $0.000001286. The coin's market capitalization and 24-hour trading volume saw a 12.13% and 330.15% increase, respectively, reaching $540.73 million and $385.91 million. This upswing reflects growing investor confidence and demand for PEPE.
Pepe Coin (PEPE) experienced a 13% surge, beginning the day at $0.000001156 and reaching $0.000001185 before a temporary setback. Despite brief bearish activity, bulls rallied and drove the price to a 30-day peak of $0.000001347, facing significant resistance. As of now, PEPE is trading 11.90% higher at $0.000001286. The coin's market capitalization and 24-hour trading volume saw a 12.13% and 330.15% increase, respectively, reaching $540.73 million and $385.91 million. This upswing reflects growing investor confidence and demand for PEPE.
