Hurry Crypton

2023-04-22 13:01:26 Coinbase's second-tier Base network plans to launch its mainnet in 2023.

Jesse Pollack, head of Base and head of protocol at Coinbase, said the immediate plan is for Base to join the mainnet and be decentralized. Open / Comment

2023-04-21 15:49:02 REVIEW BITCOIN

A lot have changed this week. We saw a significant dump on Monday, but yesterday it all seemed fine again with BTC back above $30k. Unfortunately, that was a trap.

Let's observe the structure. It contains lower highs and a lower low, which is already bearish. Moreover, yesterdays pump was no more than a retest of $30500 in order to open even more shorts there.

At the moment BTC price is in the air, no retests and no significant levels here! I have pointed the closest support and resistance, they both are 1000 dollars away from current price.

If bulls don't pump the price fast, we can easily lose the momentum here. Keep it in mind and act accordingly! Open / Comment

2023-04-20 15:05:16 MonkeDAO plans to buy rights for the popular monkey NFT collection on Solana called Solana Monkey Business (SMB).

SMB currently has a floor price of 223 SOL (about $5,427) and has done over $1.8 million SOL (about $43 million) in trade volume. Open / Comment

2023-04-19 15:25:55 LDO Community Vote Could Be Positive for LDO’s and ARB’s Prices

The Lido DAO (LDO) community is set to vote on several operational and strategic topics concerning how to claim and utilize valuable Arbitrum (ARB) tokens. This upcoming vote will determine whether to accept Arbitrum’s airdrop.

Furthermore, the vote will determine if the claimed ARB tokens could serve as emission rewards for incentivizing the adoption of wrapped staked ETH (wstETH) across the Arbitrum network. LDO’s head of decentralized finance business development and partnerships, Justin David Reyes, recently submitted the proposal.

In the submission, Reyes suggested that liquidity providers (LPs) for the wstETH pools on Arbitrum be rewarded with ARB tokens. According to LDO’s marketing lead, Kasper Rasmussen, the incentives program would work similar to how liquidity pools currently earn extra LDO rewards in addition to staking rewards.

A Google doc within Arbitrum Foundation’s governance documents reveals that Lido is entitled to claim up to 772,621 ARB tokens. At ARB’s current price, it is estimated that the total Dollar value of these ARB tokens is just over $1.2 million.

The outcome of the upcoming vote is expected to have an impact on both LDO’s and ARB’s prices, which have fallen victim to flat trading volume over the last few weeks. A positive outcome for this vote could see LDO finally breach the immediate resistance level at $2.63, which will also clear a path for the altcoin’s price to rise 15% toward $2.92.

Meanwhile, ARB’s price could climb back above the $1.70 resistance level following a favorable outcome for the vote. This will pave the way for the altcoin to reclaim its high at around $1.80, which would constitute an approximate 10% uptick for the altcoin’s price from current levels. Open / Comment

2023-04-19 13:00:00 SATOXCOIN (SATOX) primarily cares about the safety and privacy of your funds that’s why transactions are anonymous.

They believe that only POW GPU-based blockchains are truly decentralized and free of censorship.

The SATOX project has a primary mission to implant POG, but only in split consensus with POW. True crypto was founded with the concept of POW mining and shall remain so in the future.

SATOX has been listed on the P2B exchange with SATOX/USDT pair.

For more information visit the website and community of the project:

Twitter https://twitter.com/Satoverse_io
Telegram https://t.me/satoxcoin
Discord https://discord.com/invite/PTfwn4sZhF Open / Comment

2023-04-18 14:42:50 SEC chair Gensler highlights crypto firms non-compliance in house committee testimony

The U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler accused crypto firms of noncompliance with existing securities rules.

In an April 18 testimony before the House Financial Services Committee, the regulatory chief said, “nothing about the crypto markets is incompatible with the securities laws” because most cryptocurrencies are securities.

Gensler says the crypto market is rife with non-compliance
Gensler said most crypto intermediaries combine multiple services which traditional financial institutions provide separately. This increases the risk for investors and explains why crypto firms must register with the SEC regardless of whether they are decentralized.

“Crypto intermediaries—whether they call themselves centralized or decentralized—often provide an amalgam of services that typically are separated from each other in the rest of the securities markets: exchange functions, broker-dealer functions, custodial and clearing functions, and lending functions. The commingling of the various functions within crypto intermediaries creates inherent conflicts of interest and risks for investors—risks and conflicts the Commission does not allow in any other marketplace.”

Gensler further noted that noncompliance was rife within the crypto sector, which places investors at risk and damages the public trust in the capital markets.

“It’s the law; it’s not a choice. Calling yourself a DeFi platform, for instance, is not an excuse to defy the securities laws,” he added. Open / Comment

2023-04-17 21:38:12 ZesCoin started the 2nd stage of IEO (ZESC) on P2B Exchange

ZesCoin is an Ethereum blockchain-based smart contract token from Mongolia.
The ecosystem of the project includes trading bots, play-to-earn war games, own advertising networks, social platform, and wallet.

Company developing a play-to-earn game CRYPTO GENERALS, which will be released very soon!

The second round of IEO is a great opportunity to buy $ZESC token for those who didn't have time to participate in the first stage.

ZesCoin coin has impressive prospects for development!
Join IEO https://p2pb2b.com/token-sale/ZESC-532/
More information:

https://www.zescoin.mn/

https://twitter.com/zescoin_

https://t.me/ZesCoinGlobal Open / Comment

2023-04-17 17:42:14 World Mobile Token Raises Cardano TVL Over $180 Mln

Cardano (ADA), a blockchain platform for building decentralized applications, has passed the $180 mln TVL milestone. This increase in TVL is due to the addition of the World Mobile Team to DefiLlama, a popular DeFi analytics platform that tracks the TVL of various DeFi protocols. As a result of this event, Cardano moved up to 18th place in the Defillama rankings.

According to Defillama, Cardano TVL is currently valued at around $169.46 mln and the World Mobile Token staking value is $15.86 mln, Cardano TVL now is close to $185 mln.

Miniswap currently boasts the highest TVL among Cardano decentralized exchanges, with around $61.05 mln in assets and a dominant market share of 36.03%, according to Defilama. However, Miniswap’s current TVL valuation is down 1.75% in the last 24 hours. Open / Comment

2023-04-16 15:32:18 Is Bitcoin's Rally to $30,000 the Start of a New Crypto Boom?

Holger Zschaepitz, a prominent financial analyst, recently tweeted that Bitcoin's surge past $30,000 is only the beginning, and it will take much more than that to fuel a lasting crypto recovery.

Zschaepitz's comments come amidst the backdrop of a crypto industry that has faced significant turmoil over the past year, including a recent 87% decline in venture funding for crypto and blockchain startups in Q1 2023.

The fallout from last year's crypto scandals and the collapse of several major startups have left the industry in a state of uncertainty.

While Zschaepitz acknowledges that Bitcoin's rebound may be the start of something new, it alone cannot undo the damage from the previous downturn. Regulatory scrutiny and enforcement actions in the US have further complicated the market, and the failure of crypto-friendly banks has cut important ties to the US financial system.

One of the most pressing challenges for the crypto sector is the substantial decline in venture funding. In Q1 2023, crypto and blockchain startups raised only $900 million, which is an 87% drop from the same period last year.

This downturn has raised concerns over the growth prospects of the struggling sector following major failures such as FTX and Celsius.

Despite the challenges, there are signs of progress in the industry. Ethereum has successfully completed a network upgrade, and a potential end to the tightening monetary policy cycle may create significantly more favorable conditions for a crypto boost.

As Zschaepitz suggests, Bitcoin's rally to $30,000 may be only the start, and a more robust and sustained recovery will likely depend on a range of factors that extend beyond the performance of a single cryptocurrency. Open / Comment

2023-04-15 14:27:32 Price of Crypto Exchange OKX’s Native Token OKB Surges 20%

The price of OKB, the utility token of the crypto exchange OKX, has increased dramatically today. Over 20% has been gained in the last 24 hours, with a surge from $45.29 to $54.51. There is a significant upward trend, and trade volume has increased by 328% in the previous 24 hours. OKB is trading at $53.54 at press time, and more gains are anticipated over the next several days.

OKX’s announcement of its support for the SUI token sale triggered a significant price increase. On April 23, OKX will begin selling the SUI token through a token allocation lottery on OKX Jumpstart, its flagship token sales platform.

Subscription Mechanism Over Airdrop
From April 20-22, those who have OKB tokens may exchange them for SUI tokens. There will be 225,000,000 tokens sold, and each will cost $0.01. Because of OKX Wallet’s strategic cooperation with Sui Network, users may take part in airdrops and other activities inside the Sui ecosystem.

Instead of an airdrop, many cryptocurrency exchanges, including OKX, Bybit, and KuCoin, have stated that they would offer SUI Token and provide a subscription method. Allowlisted people who make positive contributions to the ecosystem may buy SUI at a discount from a pool.

Mysten Labs, the company behind the SUI, raised $300 million in September of last year at a value of $2 billion from investors. In addition, OKX will be a major winner if Hong Kong makes strides to become a cryptocurrency center. OKX is where many Hong Kong-based institutional investors will make their initial cryptocurrency purchases. Open / Comment