Day: January 4, 2024

Starknet delegates vote to move v0.13.0 from testnet to mainnet

Starknet’s governance committee has announced a vote on the migration of its v.0.13.0 from testnet to mainnet.
The Starknet Alpha v0.13.0 was deployed on Goerli and Sepolia testnets in December.

The Starknet Governance Committee announced on January 4, 2023 that a governance vote on the migration of Starknet v0.13.0 from testnet to mainnet was now live.

Apha v0.13.0 migration from testnet to mainnet

According to the platform, the protocol upgrade for v0.13.0 was open to all delegates, who will vote on the proposal for five days between Thursday, January 4 and Monday, January 8, 2023. The third vote is open to anyone with the native STRK token and to delegates.

While the vote is open to those with STRK tokens or are delegates, Starknet says all community members are welcome to contribute via discussion and feedback. The vote will be taken via a snapshot and passed or rejected on a simple majority, the Governance Committee noted in Thursday’s announcement.

It’s time to vote on moving Starknet v0.13.0 from testnet to mainnet! Delegates, cast your votes between January 4th at 12pm UTC- January 8th at 12pm UTC on the Starknet Governance Hub🗳️https://t.co/auNWrOMyov

We encourage ALL members of the Starknet community to join the… pic.twitter.com/VWzHcDmFfs

— Starknet 🦇🔊 (@Starknet) January 4, 2024

Starknet Alpha v0.13.0 is expected to focus on two aspects of the protocol. Primarily, the upgrade is meant to add the new transaction version v3, with features such as support for STRK as the blockchain platform’s gas token. V3 will also look to bring reduced transaction fees on mainnet.

The v0.13.0 was deployed on the Goerli and Sepolia testnets on December 12 and 13, 2023 respectively. 

Community excitement for Starknet has skyrocketed since the project confirmed an airdrop for STRK would be undertaken in early 2024. The project announced a rewards program of 50 million STRK for ecosystem contributors in October. In December, it said it would allocate 10% of network fees to developers.

The post Starknet delegates vote to move v0.13.0 from testnet to mainnet appeared first on CoinJournal.

Celestia, Aptos, Stacks bounce as dip offers buy opportunity

Celestia (TIA) price rose 22%, Aptos (APT) and Stacks (STX) saw 14% and 11% in upside swings respectively.
Altcoins are flipping higher as Bitcoin looks to bounce amid spot Bitcoin ETF related news and speculation.

With Bitcoin price looking for swift recovery from the flash crash that decimated markets on Wednesday, several altcoins appear poised to take a greater lead. Celestia (TIA), Aptos (APT) and Stacks (STX) are all up double digits in the past 24 hours.

TIA, APT and STX among top gainers today

Celestia’s price was up 22%, Aptos 14% and Stacks 11% at the time of writing on Thursday morning. The altcoins were seeing double-digit gains as the anticipated approval of the first spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) continued to drive the overall market sentiment.

Analysts have over the past several weeks predicted that a positive outcome from the SEC regarding spot Bitcoin ETFs could catalyse a notable upside in the crypto market. On January 4, the market was looking to bounce off speculation that the regulator was likely to reject proposals before it.

Fox Business reporter Eleanor Terret noted on Wednesday that the SEC had met with various stock exchanges as it looks to finalise comments on form 19b-4s that spot ETF issuers have submitted. 

Elsewhere, speculation is that the regulator could give a nod to applicants including BlackRock, Fidelity, Ark Invest/21 Shares and Grayscale as soon as Friday, January 5. As CoinJournal highlighted earlier today, investment banking giant Goldman Sachs is said to be in talks with BlackRock to become an authorised participant.

Bitcoin price has gained nearly 2% in the past 24 hours to trade above $43,400.

The post Celestia, Aptos, Stacks bounce as dip offers buy opportunity appeared first on CoinJournal.

Bitget Lists ZKfair (ZKF) – Community Owned Layer 2 in its Innovation Zone

Victoria, Seychelles, January 4th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company has announced ZKfair’s native token ZKF as the latest addition to its new token offerings in the Innovation Zone. The community-run ZKfair is listed in the Layer 2 Innovation Zone through which users can trade the token on the Bitget platform. Users can grab a share of 28,000,000 ZKF with ongoing Launchpool promotions.

ZKFair emerges as an avant-garde on Ethereum’s landscape, utilising the pioneering fusion of various blockchain solutions. It stands as the first community ZK-L2 based on Polygon CDK and Celestia DA, powered by Lumoz, a ZK-RaaS provider. ZKFair utilizes stablecoin USDC as the gas token and ensures EVM compatibility.

The community-driven ZK Layer 2 network leverages collective discussions and empowers various ZK projects in the community. As an experimental Layer 2 solution, it prioritizes fairness to the extreme (similar to ordinals) to explore whether a people-driven movement can outperform capital-driven initiatives.

“At Bitget we focus on delivering better access and opportunities to invest in high potential projects through our Innovation zone. Covering over 600+ tokens, Bitget’s ecosystem encompasses one of the most diverse offerings right from Bitcoin ecosystem to Ethereum’s DeFi landscape. We’re providing a seamless way to explore crypto gems,” said Gracy Chen, Managing Director at Bitget.

To bring better accessibility to high-potential projects Bitget’s innovation zone lists trending tokens, granting exceptional access to highly valuable digital assets within the industry. The listing of ZKF in Bitget’s innovation zone makes it easier for users to dive into the initial launch phases of the token including more upcoming high-potential crypto projects.

Designed for the trading of new token offerings, the innovation zone is mainly for trending tokens (initial) listing, a 60-day valuation period is given for all the newly listed pairs in the zone. The newly listed tokens will be regularly reviewed to ensure that the token adheres to Bitget’s platform standards, including trading volume, liquidity, the team, project development, and other criteria to keep the listing status active.

Previously, leading Web3 trading wallet Bitget Wallet (formerly BitKeep Wallet) integrated with the ZK-L2 community network ZKFair, allowing users to create and import their ZKFair accounts via mobile app and browser extension. With integration, users can now manage their on-chain assets, perform transfers, and interact with ecosystem DApps right from the convenience of their wallet.

Bitget users can buy trending and newly listed tokens such as ZKF with debit/credit cards, bank transfers, and other multi-currency payment methods or deposit tokens from Bitget Wallet and more.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit:

Website
Twitter
Telegram
LinkedIn
Discord
Bitget Wallet

 

Contact

Rachel Cheung
media@bitget.com

The post Bitget Lists ZKfair (ZKF) – Community Owned Layer 2 in its Innovation Zone appeared first on CoinJournal.

Fetch.ai (FET) reclaims key support amid fresh accumulation

Fetch.ai eyes upside bounce as Indonesia’s largest exchange adds FET
FET daily trading volume spikes 47% as price reclaims support above $0.60.
A broader bullish market could see FET break to $1 and target new all-time high.

Fetch.ai (FET) price was down 9% on Thursday as the declines across the crypto market saw most coins pare gains seen in the last week of December and early January.

But while FET traded at lows of $0.65, the token’s listing on Indonesia’s largest crypto exchange and an expected uptick across crypto could see bulls target a notable bounce towards the crucial $1 level.

Fetch.ai price outlook

After gaining more than 40% in the past month as price reached highs of $0.78, FET gains in the last 30 days are down to 28%. The token is in the red over the past fortnight. 

However, Fetch.ai remains in a strong position given the bullish sentiment surrounding crypto and the expected buoyance from the 2024 AI narrative.

Short-term, the listing of FET on INDODAX (the largest cryptocurrency exchange in Indonesia), could add to recent retail interest in the project.

On January 4, INDODAX added FET/IDR, and the listing coincided with an uptick in trading volume for Fetch.ai (FET). According to data from CoinGecko, over $171 million worth of FET had been traded in the last 24 hours as of Thursday morning. This represented a 48% increase.

The jump in daily volume comes as FET price looks to hold above the key $0.60 area. The token has retested this as support and fresh accumulation here could see buyers target $0.80.

If the resistance zone flips into support, a bounce to $1 could open FET/USD to a potential spike amid price discovery. The all-time high for Fetch.ai price is $1.17, reached in September 2021.

The post Fetch.ai (FET) reclaims key support amid fresh accumulation appeared first on CoinJournal.

Huobi Korea ceases virtual asset trading, cites industry concerns

Huobi Korea implements upgrades and restrains some services for improved exchange.
Huobi Korea to terminate local virtual asset services on Jan 29 due to industry concerns.
Recent changes in ownership and proof of reserves showcase resilience and commitment.

In a strategic move, Huobi Korea has announced the termination of its local virtual asset trading services. As per the official notice on its website, the termination is scheduled for January 29, underscoring concerns about the current industry environment.

This decision is attributed to the evolving industry landscape and is part of the exchange’s broader initiatives for brand renewal and system upgrades.

Huobi Korea’s termination

This bold move aligns with the exchange’s proactive measures to adapt to changing market dynamics. Huobi Korea has not only restricted some services but is also undergoing brand renewal and system upgrades, signalling its commitment to offering enhanced virtual asset exchange services.

The company, expressing gratitude to its loyal customers, emphasized its regret for discontinuing services to those who have been patrons for an extended period. However, amidst this transition, Huobi Korea reassures its users that it will continue to support the withdrawal of assets without any disruption. Customers are encouraged to withdraw their holdings in both Korean Won (KRW) and virtual assets.

This termination announcement comes on the heels of significant changes within Huobi Korea. In the preceding year, the exchange had already taken steps to operate independently from its parent company, Huobi Global. Chairman Cho Kook-bong acquired majority shares, marking a distinct shift in ownership.

Huobi Korea’s decision to terminate virtual asset trading services also follows the publication of a “proof of reserves,” showcasing a robust reserve ratio of 101%. This move, perhaps prompted by industry concerns surrounding crypto firms’ solvency, occurred shortly after the collapse of the FTX crypto exchange.

Looking forward, Huobi Korea plans to re-enter the market through new blockchain business models and services. The exchange’s resilience and adaptability in response to industry challenges demonstrate a strategic approach to sustaining its position in the ever-evolving cryptocurrency landscape.

The post Huobi Korea ceases virtual asset trading, cites industry concerns appeared first on CoinJournal.

Dogecoin and Shiba Inu prices slip: Is this an opportunity to buy more meme coins?

Key takeaways

Dogecoin and Shiba Inu have lost more than 10% of their values over the last 24 hours.

Memeinator’s presale has now officially crossed the $2.8 million mark.

The crypto market recorded a huge selloff on Wednesday, with Bitcoin retesting the $40k level before bouncing back above $42k. Meanwhile, leading meme coins Dogecoin and Shiba Inu also recorded massive losses yesterday. 

Dogecoin and Shiba Inu record huge losses

Bitcoin and altcoins are experiencing a poor start to the year. After rallying to the $45k level on Monday, its highest level since April 2022, Bitcoin lost nearly 10% of its value on Wednesday to briefly trade around the $40k region. 

Bitcoin’s poor performance also reflected in leading meme coins Dogecoin and Shiba Inu. The two leading meme coins have lost more than 10% of their values over the last 24 hours. At press time, the price of Dogecoin stands at $0.08256 while SHIB is trading at $0.000009576 per token. 

With these meme coins all underperforming at the moment, it might be a great opportunity for investors to load up on the meme bags. 

What is Memeinator?

For investors interested in meme coins, Memeinator could be one of the projects to consider. It is a meme project that seeks to help content creators generate better content. 

It will help content creators change how they use memes to relate with their audiences. Memeinator will leverage the hype around meme coins by providing users with numerous use cases.

The primary goal of the project is to target and destroy worthless memes, ensuring that there is a higher level of quality content available to users. 

While we have thousands of meme tokens out there, not many of them provide real-world use cases to their users. Memeinator will be one of the few meme coins that offer value to their users and stakeholders. 

According to the whitepaper, Memeinator will use AI  to identify worthless memes, allowing users to know them and steer clear of them. The team also has strategies in place that would enable Memeinator to reach $1 billion in market cap over the coming years. They have published a detailed roadmap that shows how Memeinator will reach the $1 billion market cap. 

The Memeinator presale is currently in its eleventh stage and has raised more than $2.8 million so far. In the first presale stage, the MMTR was sold for $0.01 and will rise to $0.0485 by the end of the presale, giving early investors an astonishing 132% ROI at listing. 

Memeinator’s presale raises over $2.8 million

The Memeinator presale is growing and attracting more investors. The eleventh presale stage will soon be completed and the team has raised more than $2.8 million so far. 

Its native MMTR token can be purchased using three tokens, ETH, USDT, and USDC. According to the official website, the token is available to users on the Ethereum and BNChain blockchains. 

To purchase the MMTR token, users can simply connect any of the supported wallets to the Memeinator website. However, keep in mind that MMTR can only be purchased using ETH, USDT and USDC coins. 

Click here to read more about the Memeinator presale.

Why is the Memeinator presale growing rapidly?

The Memeinator presale is growing rapidly thanks to the project’s immense potential. The value proposition it offers to users and stakeholders is immense and it could become one of the leading meme coins in the world. 

The Memeinator project could find massive utility amongst degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as content creators could use its services to gain access to quality memes. 

To enable it to serve users, Memeinator will combine AI and blockchain technology. Its AI solution will allow users to analyze and evaluate memes across the internet. This makes it possible to identify lower-quality memes and replace or destroy them. 

Its native MMTR token offers various incentives to the holders. The token has deflationary mechanisms and rewards for holders. The team has also allocated 20% of the tokens for marketing, CEX listing and liquidity. 

Will MMTR rally higher? 

Memeinator has massive potential and could become one of the leading meme coins in the coming years. The right level of adoption could see Memeinator’s market cap reach $1 billion in the medium to long term. 

Its use of AI and blockchain technology could allow Memeinator to offer excellent value to users and stakeholders. At the moment, its MMTR token is still in presale and could record a massive value increase once it gets listed on centralized and decentralized exchanges.

The post Dogecoin and Shiba Inu prices slip: Is this an opportunity to buy more meme coins? appeared first on CoinJournal.

Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation

Goldman Sachs eyes a pivotal role in collaboration with BlackRock and Grayscale.
The regulatory landscape faces challenges, but SEC discussions with major exchanges signal a potential shift.
The inclusion of reputable institutions like Goldman Sachs suggests increased confidence in addressing regulatory concerns.

In a potential game-changer for cryptocurrency investments, Goldman Sachs is actively engaging in talks to play a pivotal role in the launch of Bitcoin ETFs by BlackRock and Grayscale.

As regulatory anticipation builds, recent reports suggesting SEC approval signals a turning point in the financial industry. Despite conflicting predictions, the SEC might approve Bitcoin ETF applications, reshaping the landscape for digital assets.

Regulatory optimism amid challenges

With 14 asset managers seeking SEC approval for spot Bitcoin ETFs, the regulatory landscape poses a formidable challenge. Historically, the SEC has been cautious, expressing concerns about market manipulation and investor protection, leading to past rejections. It recently asked for final changes to spot Bitcoin ETF filings and all the market is waiting for now is a final decision.

Despite these challenges, discussions between SEC staff attorneys and major stock exchanges, including the NYSE, Nasdaq, and CBOE, indicate a shift. Reports from insiders hint at positive outcomes, with the SEC signalling potential approvals. The involvement of reputable financial institutions like Goldman Sachs suggests increased confidence in addressing regulatory concerns and facilitating mainstream adoption.

Role of Goldman Sachs and authorized participants

Goldman Sachs aims to be an authorized participant (AP) for Bitcoin ETFs, a role crucial in the creation and redemption process within the primary market. As an AP, Goldman Sachs would ensure that the ETF’s market price aligns with the underlying asset’s value, promoting market efficiency.

The participation of major banks, including JPMorgan Chase and Cantor Fitzgerald, underscores a broader trend. Traditional financial institutions, initially cautious about cryptocurrencies, are now actively embracing opportunities in the digital asset space. Goldman Sachs, as a potential AP, signals a significant step towards institutionalizing Bitcoin investments and integrating them into established financial systems.

In conclusion, the talks between Goldman Sachs, BlackRock, and Grayscale represent a convergence of financial giants exploring regulated Bitcoin ETFs. While regulatory challenges persist, the industry’s optimism and the involvement of reputable institutions indicate a potential breakthrough. If approved, Bitcoin ETFs could usher in a new era of accessibility and legitimacy for cryptocurrency investments, bridging the gap between traditional finance and the digital asset landscape.

The post Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation appeared first on CoinJournal.

Bitget and CV Labs Co-Host Innovation Tuesday at Web3 Hub Davos: Unveiling Gender-Focused Funding Insights

Victoria, Seychelles, January 4th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, is proud to announce its collaboration with CV Labs as a co-host of Innovation Tuesday at the Web3 Hub Davos from January 15-18. The event will assemble global thought leaders to explore the significance of the Web3 space and the influence of blockchain technology across various sectors. The schedule features discussions led by female leaders after a thorough analysis of a comprehensive report providing gender-focused insights into funding trends.

During the most significant week in international affairs and business, where the world’s decision-makers and visionaries from the traditional financial world convene, the Web3 Hub Davos stands out as one of the pivotal gatherings, with a specific focus on blockchain and the Web3 industry. Bitget is set to head the Innovation Tuesday morning event at the Web3 Hub Davos, featuring a dedicated session on leveraging blockchain technology and cryptocurrency to enhance financial inclusion and empowerment across all genders and financial backgrounds. The session will comprise two parts, delving into the discourse on financial inclusivity empowered by blockchain.

An anticipated highlight includes an in-depth report offering insights into funding trends through a gender lens by the Bitget team, addressing a critical issue in today’s economic landscape. The analysis aims to distill existing data to contribute to ongoing conversations related to diversity, accessibility, and societal impact in the expanding digital finance sector. Furthermore, a compelling panel discussion will unite leading female figures from the cryptocurrency and finance domains to provide inspiration and valuable insights.

The event pledges to offer a distinctive and incomparable experience, aimed at enriching the conversation on financial inclusivity, gender equality, and the transformative impact of Web3 technologies worldwide. Global entities universally acknowledge the necessity of financial inclusivity for ensuring economic resilience, especially during tumultuous periods. With over 1 billion individuals being financially excluded (as per The World Bank), all efforts to facilitate inclusion are crucial for the welfare of global citizens.

The Web3 Hub Davos is a special event aimed at catalyzing discussions and insights into the transformative impact of the Web3 industry. The four-day event will be a melting pot of ideas, fostering discussions on the impact of blockchain technology across various industries, economies, and societies. This event is organized by CV Labs, the internationally renowned ecosystem builder of blockchain venture capital firm CV VC, which plays an integral role in nurturing and advancing the global blockchain ecosystem, bringing blockchain to the forefront of technology.

Gracy Chen, Managing Director of Bitget states: “The Web3 Hub Davos is set to underscore its significance by fostering thought-provoking discussions, dynamic networking opportunities, and providing invaluable insights into the transformative potential of Web3. With blockchain technology reshaping industries and cryptocurrency gaining mainstream acceptance, bridging conversations between traditional finance and innovative finance sectors is essential. Bitget is steadfast in its commitment to propel these vital discussions about advancing innovation through a more inclusive approach.”

“We are privileged to co-host this convergence of thought leaders and to guide conversations centered around fostering an equitable future using the power of the Web3 world. This year, in line with our mission to promote financial inclusivity and address critical issues, with findings and insights gleaned from our comprehensive report. We aim to steer discussions towards understanding and addressing problems, ultimately driving towards a more inclusive financial landscape,” Gracy said.

For more information, please visit https://lu.ma/j7v1ozhl

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit:

Website
Twitter
Telegram
LinkedIn
Discord
Bitget Wallet

 

Contact

Bitget
PR team
Bitget
media@bitget.com

The post Bitget and CV Labs Co-Host Innovation Tuesday at Web3 Hub Davos: Unveiling Gender-Focused Funding Insights appeared first on CoinJournal.


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