The cryptocurrency market has been witnessing an exciting surge in recent weeks, with several altcoins gaining traction as Bitcoin (BTC) approaches $100K. Among these, Dash (DASH) stands out, hitting a five-month high as its bullish momentum accelerates.
Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.
Conflux Network, a public Layer-1 blockchain, is designed to facilitate decentralized applications (dApps) and support Web3 infrastructure. This project aims to create a sustainable, scalable, decentralized, and secure environment for developers and users.
Conflux (CFX) has rolled out its v2.4.1 testnet upgrade, introducing significant RPC, storage, and code improvements, alongside crucial bug fixes. Node operators are urged to update promptly.
With a resurgence in buying pressure, the CFX price is back in action and ranks among the top 24H performers. Conflux has risen nearly 4% in the last 24 hours and approaches the $700M market cap. With a new recovery run in the daily chart, will the CFX price reach the $0.
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.
TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.
Two DeFi tokens—Fantom (FTM) and Conflux (CFX)—are gearing up for a potential breakout. With their current price trends at critical junctions, investors are keenly watching to see if these tokens can sustain their momentum and potentially hit the $1 mark in the near future.
Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.
Amid the minor pullback in the top altcoins, Fantom and Conflux DeFi Tokens are preparing for the next bullish stage. With ongoing recovery runs, the FTM and CFX price trends are at crucial “Make it or Break it” junctions.
A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
Conflux (CFX) is capturing the attention of investors and enthusiasts alike. With its innovative approach to blockchain technology, Conflux aims to facilitate the growth of decentralized applications (dApps) while laying the groundwork for a robust Web3 ecosystem.
Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.
Conflux (CFX) price has seen a significant surge in the last 24 hours, rising by 10.59% following the unveiling of its roadmap for the next three to five years. The surge comes amidst increased trading activity, with CFX showing renewed investor interest and growing momentum.
Despite Bitcoin's plunge below $63,000 due to Middle East tensions, W, CFX, and OM surged, bucking the broader market trend.
On the 23rd of September, the Open Interest on CFX contracts measured $20.9 million at the highest, but have more than doubled since.
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion.
Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the first time in four years, Bank of America said on Friday.
DASH's price action and the Open Interest trends of the past week show bearish short-term expectations.
Story Highlights The live price of the CFX crypto is . Conflux price could reach a high of $0.27 in 2024. This altcoin with a potential surge, may reach a high of $1.75 by 2030. The Conflux Network is a public “Layer-1” blockchain and was created to power the Decentralized Applications (dApps) and Web3 infrastructure.
Dash has officially launched its Evolution platform, marking the biggest release in the cryptocurrency's history. The Evolution chain is now live, producing blocks, executing data contracts, and sending files to decentralized storage. This platform, which began as a vision for blockchain-level usernames and contact lists in 2015, has evolved into a comprehensive decentralized application platform.
In a turbulent cryptocurrency market, Dash (DASH) is positioning itself for a potential rebound despite broader declines. As Bitcoin fell below the $60,000 mark on Wednesday, a wave of selling swept through altcoins, including Dash.
Following the strategic partnership between Conflux and China Mobile, a digital collective series dubbed ‘MIGO and His Friend ConFi' will be unveiled on August 23.
Story Highlights The live price of the DASH coin is . The Dash price could reach a maximum of $50.54 in 2024. Dash price with a potential surge, may reach a high of $198.85 by 2030.
Conflux's v2.4.0 hardfork represents a crucial step in the platform's evolution. This upgrade introduces CIP-1559, an important proposal designed to optimize transaction fees and enhance overall network efficiency.
The full rollout of these enhancements will be phased.
Conflux (CFX) v2.4.0 network hardfork upgrade, featuring CIP-1559 activation, has been successfully completed. CIP-136 will be enabled by Aug 13.
The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.
Conflux (CFX) Network announces v2.4.0 hardfork upgrade. Nodes must be updated before Epoch 101900000, estimated between August 5-6, 2024.
Cryptocurrency prices were muted this weekend as investors focused on the ongoing Bitcoin Conference in Tennessee and next week's Federal Reserve interest rate decision. Bitcoin held steady above $68,000 as speakers continued to make the case for cryptocurrencies.
Binance announces support for Conflux (CFX) network upgrade and hard fork, suspending deposits and withdrawals on August 13, 2024.
We examine the dual-edged sword of privacy in crypto, looking into how anonymity tools like mixers and privacy coins have impacted mass adoption amidst rising financial crimes. On Jan.
Binance Futures announces updates to leverage and margin tiers for KSMUSDT, DASHUSDT, IOTXUSDT, ASTRUSDT, and KAVAUSDT USDⓈ-M Perpetual Contracts.
The EU Innovation Hub for Internal Security has released its first comprehensive report on encryption, focusing significantly on crypto-related issues. The report, a collaboration between Europol, Eurojust, and other EU agencies, delves into how cryptocurrencies are impacting law enforcement efforts.
Conflux (CFX) initiates a mandatory hardfork upgrade to v2.4.0 on its testnet, introducing several key CIPs.
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider. This development allows users to purchase Dash instantly with euros at competitive rates using a credit card.
Conflux announces v2.4.0-testnet hardfork upgrade. Upgrade nodes before May 30, 15:00 (GMT+8).
Conflux Network reveals plans for a Hardfork system upgrade, featuring modifications of 12 different CIPs.
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash's reach to Revolut's rapidly growing user base.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $63,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,200 mark this morning.
The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome Powell, suggested U.S. interest rates are likely to stay higher for longer.
Most cryptocurrencies are experiencing a significant sell-off, a development that has eroded their market capitalization. However, despite this trend, certain select assets still hold potential for upside in April, buoyed by key underlying fundamentals.
The Chinese government announced the launch of a “super-large-scale” public blockchain infrastructure platform with Conflux Network.
Back FIL's decentralized storage, Dash's anonymity, and Polygon's DeFi prowess for high-potential crypto returns.