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Join Our Telegram channel to stay up to date on breaking news coverage March 31, 2023, ushers in a new list of the best performers as the top capped cryptocurrencies record impressive gains. Arbitrum and 1inch are on the list today as the crypto market seeks to consolidate its gains despite regulatory pressure. Arbitrum Protocol (ARB) Source: CoinMarketcap.com   Arbitrum is a layer-2 blockchain created for Ethereum using optimistic rollups and scaling technology. It uses a sidechain to process transactions and relays the new chain state to Ethereum’s mainnet. ARB is currently trading at a high of $0.001457, today an increase from its closing price of $0.001177 yesterday. The protocol works with Ethereum; therefore, it will likely benefit from its longevity and value. 1inch Network (1INCH) Source: CoinMarketcap.com   1inch is a Network that connects decentralized protocols for faster transactions. The 1inch aggregation protocol uses the Pathfinder algorithm to ...

The crypto analyst Emperor Osmo shared a Twitter thread on April 28, commenting on the decentralized blockchain system Tron’s remarkable Total Value Locked (TVL). As the DeFi TVL aggregator DefiLlama issued the TVL of various blockchains, presenting Tron with more than $5 billion TVL, the crypto analyst shared his concern about the implausible reach. Notably, TVL is the metric by which the total value of digital assets locked or staked in decentralized finance (DeFi) is evaluated. It is understood that a platform is perceived as more trustworthy if it owns a higher value for the TVL. Interestingly, when DefiLlama updated its page by placing Tron at the third position having $5.16 billion of TVL, following Ethereum and Binance Smart Chain (BSC) with $56.32 billion and $6.86 billion respectively, Osmo tweeted incorporating a screenshot of the data: $TRON has over $5 Billion in TVL. Yet I've never seen or met anyone who's used the chain. Someone educate me, what...

Stephen Goldfeder, the CEO of Offchain Labs and co-founder of Arbitrum, acknowledged that the communication leading up to a proposal that aimed to return 700 million ARB governance tokens, which ultimately failed earlier this month, was not ideal. Notably, Goldfeder stated that there was an unfortunate miscommunication, which was definitely a mistake. The statement was made during the CoinDesk Consensus conference on Thursday. He also added that if he was looking back in hindsight, the event was obvious but wasn’t at the time. Goldfeder, speaking at the Consensus conference, reiterated the explanation provided by the Arbitrum Foundation earlier this month. He explained that the ongoing “ratification” vote on how to handle the funds at the time of their transfer caused an unwarranted mess. As a result of the vote fiasco, the Foundation has pledged to provide regular transparency reports on its operations and the use of its treasury. Arbitrum’s ...

Join Our Telegram channel to stay up to date on breaking news coverage Brandon10x analyzed new crypto initiative DeeLance, a platform that bridges the gap between typical freelancing and decentralization. With the use of blockchain technology, DeeLance will simplify and speed up the hiring process while also improving the effectiveness of job seekers in finding the ideal positions. Brandon10x DeeLance – Impressive Freelance Ecosystem Built on Web3 Web3-based DeeLance is revolutionizing the freelancer-employer and client relationship. It aims to establish a new freelancing economy that does away with middlemen, provides freelancers with complete ownership of their work, and guarantees purchasers’ rights to any digital works they acquire. The decentralized platform that DeeLance provides consists of a metaverse filled with micro communities where buyers and sellers of creative works may gather to exchange ideas, network with one another, and develop relationships, ...

Shiba Inu is a prominent meme coin, earning its place as the second largest meme coin. The team behind SHIB has shown consistent efforts towards its development, as evident from its various developments, such as the Shiba Inu Burn initiative. Also read: Baby Doge Announces New Integration With Trust Wallet The burn rate of SHIB has gained a reputation for its fluctuating nature, with some days experiencing a significant increase while others see a decline. The latest data from Shibburn indicates a drop of -100% in the burn rate over the last 24 hours. Zero SHIB burned in the last 24 hours Shibburn’s data shows that the burn rate for SHIB was zero in the last 24 hours. The burn rate has failed to maintain its momentum. It has fallen considerably compared to certain days when over a billion SHIBs were burned. The burn rate has considerably fallen in comparison to certain days when over a billion SHIBs were burned. The burn rate has often received criticism ...

Dogecoin [DOGE] and Shiba Inu [SHIB] stepped back and made way for Floki Inu [ FLOKI ] to take over crypto Twitter. Following a recent listing on Binance.US, the meme coin shot up by nearly 50%. The asset was the talk of the crypto town. At press time, FLOKI was keeping up this momentum as its social volume did not fade. Source As seen in the above chart, the social volume of FLOKI witnessed significant growth over the last month. The total number of social mentions, engagements, and dominance soared by 101%, 199%, and 101% respectively. This in turn paved the way for more listings. Over the last 24 hours, the meme coin managed to garner two listings. Exchanges, BTCEX as well as DIFX onboarded Floki Inu. The wait is almost over! We're getting ready to list @RealFlokiInu on #DIFX today! Trading pair – FLOKI /USDT Deposit & withdrawal time – 26/04/2023 07:00 AM UTC Trading starts at – 26/04/2023 12:00 PM UTC Read more – https://t.co/i4bQfY9YAX It's time t...

Binance.US Offers Branded Web3 Domains With the new service, customers will be able to create “.BinanceUS” domains, giving them unique identities for their cryptocurrency wallets that are simple to comprehend and can be used in the Binance.US app to buy, sell, and transfer digital assets. advertisement Read More: First Republic Bank Crisis Deepens As US Govt. Refuses Intervention According to the official statement, the .BinanceUS domain names will soon be made available entirely through the exchange’s app; and it’s for the first time, Unstoppable will provide customers with two-digit domain names like “00.BinanceUS” or “99.BinanceUS”. Additionally, it already provides two-letter domains such as “ok.BinanceUS”. BinanceUS Addresses To Start From $10 The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 U...

Amidst the growing De-dollarization movement, European Central Bank ( ECB ) president Christine Lagarde has stated that the US dollar’s reserve currency status “should no longer be taken for granted.” Subsequently, it acknowledges recent attempts from various countries to replace the status of the US currency internationally.  Primarily set in motion by the BRICS nations, De-dollarization has become a debated topic over the past few months. Moreover, as sanctions separated Russia from the West, alternative currencies were explored. Setting in motion the lessening relevance of the US dollar. Source: Coinpedia.com ECB President Talks De-Dollarization Speaking in an interview with the Council on Foreign Relations, ECB President Lagarde expressed her belief that the US dollar’s status as a reserve currency shouldn’t be taken for granted. Moreover, commenting on the developing trend across the globe.  Lagarde recognized the US dollar as “the international, the global reserve,...

According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset Purchase Agreement With Binance US Scrapped Towards the end of 2022, Binance disclosed that its US subsidiary had entered into a billion-dollar agreement with Voyager Digital Ltd. to acquire its assets. Despite objections from the US Securities and Exchange Commission (SEC), the purchase was allowed to proceed after receiving court approval. However, on April 25, 2023, Voyager revealed that the deal was no longer moving forward. “Today we received a letter from Binance US terminating the asset purchase agreement. While this development is disappointing, our Chapter 11 plan allows for direct ...

Apr 25, 2023 at 09:30 // Price Author Coin Idol Litecoin (LTC) price is bearish as it has broken below the moving average lines. Long-term forecast of the Litecoin price: bearish The value of the crypto asset has declined as it failed to overcome the resistance at $105. For the fourth time, Litecoin is now set to fail at the $105 resistance level. At the time of writing, the price of LTC has fallen to a record low of $87.86. The altcoin has now corrected to the upside after breaking below the moving average trendlines. Litecoin will resume its uptrend if ...

A Satoshi-Era Bitcoin Whale has moved 400 BTC, worth around $11 Million after going 12 years without transactions. JUST IN: A dormant wallet holding 1,000 #Bitcoin worth $27 million has been activated after 12 years. — Watcher.Guru (@WatcherGuru) April 24, 2023 Monday’s movements showed the whale moved 360 BTC ($9.8 million) to one wallet, and another 40 BTC to a number of other locations. 600 BTC remains in the wallet. This has become a common occurence recently, with whales “waking up” and moving their holdings after years of inactivity. Last week, it was recorded that a whale moved over 279 BTC, or $7.6 million, to new wallets after a decade of inactivity. Bitcoin whale numbers were dwindling earlier in the year, reaching their lowest amount of holders with over 1000 BTC in three years. These recent movements by BTC whales further show that they are by far the most successful investors. Bitcoin is up over 40,000% in the past 10 years, and those who wait to sel...

Join Our Telegram channel to stay up to date on breaking news coverage The Shiba Inu(SHIB) emerged as one of the most popular cryptocurrencies launched after Dogecoin’s (DOGE) price rally in 2021. It developed as a community-driven project with a growing ecosystem. The bone ShibaSwap (BONE) was among the many that the developers launched as they introduced the ShibaSwap decentralized exchange (DEX) and Shibarium layer-2 blockchain. However, BONE was created as the governance token for ShibaSwap. It allows users to vote on proposals for the project’s future development, including which pairs will be added to ShibaSwap via the Decentralized Autonomous Organization (DAO). The more BONE tokens the users hold, the more influence their vote has on the outcome. In late summer last year, BONE’s price saw success, peaking at $2.0202 in September. This is after numerous exchanges listed the token, having dropped in May under $0.33. However, as the year progressed, a cor...