What is Flexa Coin? A Guide to FXC Token

The Large Holder Netflow measures the daily variance between the outflows and inflows from whale wallets holding atleast 0.1% of a cryptocurrency’s total circulation supply. And based on the direct correlation to price action, this 76% drop in whale demand appears to be a major factor behind the Dogecoin’s 15% pullback from the Dec 11 local top. Whale Transaction Count tracks the daily number of transactions exceeding $100,000. This essentially serves a proxy for tracking real-time changes in large investors’ trading activity.

  • As seen below, the whales intensified their buying spree this week, added a total of 13 trillion to their holdings between Dec 21 and Dec 28.
  • The native token of the Flexa project is the Flexacoin Collateral Token (FXC).
  • The SOMA Optima² flexo press expands the facility to include product benchmarking, print trials, hands-on press training, print application research, and print troubleshooting.
  • The Flexa payments are 100% digital from start to end, allowing them to transfer and settle in seconds.
  • Flexa Capacity is a dapp designed to allow any crypto asset to be spent from any wallet, with both custodial and non-custodial support.

And there is no better disruption than taking over the multi-billion dollar payment industry. After all, traditional financial services are known to overcharge their customers and are highly inefficient. The team combines extensive experience in technology, retail, and payment technology. Its members have worked with American Express, Capital One, the MIT media lab, NASA, Paypal, Warby Parker and Starbucks. Certain designs may generate vibrations due to rotational printing process of printed and non-printed area.

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The users can utilize multiple digital wallets, leveraging Flexa technology to pay with ease and less hassle. The process is as simple as loading cryptocurrencies on wallets, executing tap and pay, with the Flexa back-end taking care of the rest. Flexa complements the lending, borrowing, derivative, synthetics, liquidity mining and other DeFi processes by adding a much-needed payments component. The current total value locked for Flexa stands at $86.8M, which gives an idea about the popularity and impact of this powerful technology. Flexa’s FNP uses the ERC 20-compliant token called Flexacoin for transactions and a variety of members-only network incentives.

Therefore we developed Advanced Bounce Control system, which guarantees minimal bounces at top speeds and perfect shape of the dot. It includes a full suite of the latest prepress software, plate and print analysis technologies, thermal and solvent platemaking systems, and liquid photopolymer platemaking equipment. The SOMA Optima² flexo press expands the facility to include product benchmarking, print trials, hands-on press training, print application research, and print troubleshooting.

  • After a successful opening of The Flexo Xperience Center – MacDermid Graphics Solutions, SOMA, and partners focus on addressing everyday flexographic printing issues.
  • It enables an entire ecosystem of applications to process feeless and instant digital payments for the users.
  • We also gather additional information from different sources to ensure we cover all necessary data or events.

It is heavily customizable to fit all particular requirements of a business. This means that merchants can be certain that the payments can’t be reversed unlike in traditional banking. The token itself is built on the ERC-20 standard, which runs on the Ethereum blockchain. The Flexa projects’ user experience/interface is largely considered by many to be more convenient and powerful than the Lightning network. Its closest competitor – the Bitcoin’s Lightning network, in comparison, has a TVL of $11.6M in its public channels. This website is using a security service to protect itself from online attacks.

When Flexacoin was introduced in 2018, instant collateralization for digital asset transactions was a new and novel concept. In the years since, the decentralized finance landscape has evolved dramatically. Meanwhile, new standards such as ERC777 and ERC1410 have enabled important new token functionality, all while maintaining complete backwards compatibility with ERC20. However, it managed to rise by more than 31% during the intra-day trading hours. Coinbase, at the time of writing, holds about $114 billion worth of assets under its management, which is slightly lower than the total value locked in the DeFi market, coming up at about $117 billion. Bitcoin is heading into one of the most important years in its history as two major events are expected to skyrocket the digital asset.

Flexacoin Collateral Token (FXC)

Dogecoin made a positive start to December, leading the mega-cap memecoin markets with a $2.6 billion increase in it market capitalization in the first 10 days of the month. However, since hitting the 30-day peak price of $0.11 on Dec 11, the bullish momentum has tapered off significantly. Significantly, the total crypto market cap fell by 1.67% ($27.59 billion) to $1,625 billion. Binance Coin price has registered a 24% rally this week, rallying from $264 to $327, where it currently trades.

The author has not received compensation for writing this article, other than from FXStreet. Coinbase Inc. has been critical in the multi-month race for Spot Bitcoin Exchange Trade Funds (ETFs). Its position as the largest crypto exchange in the US gives it an edge and serves as a key driver for its popularity. With such a helm, institutional players have identified it as a potential partner to bolster their filings in an attempt to convince the US Securities and Exchange Commission (SEC) for approval.

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As the month unfolded, Shiba Inu has made giant strides to catch up with the pack. In the daily timeframe, Bollinger Band technical indicators also confirms this bearish stance. Its currently shows that with DOGE currently trading at $0.093, it has now dipped below the middle-band (SMA) of $0.95.

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Ahead of the same, crypto market intelligence data provider Messari has provided its take on what 2024 can bring for Bitcoin and by the looks of it, Inscriptions might lead the year. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. Over the past couple of days, a Solana-based meme coin, Silly Dragon, has been charting a considerable increase. https://cryptolisting.org/blog/what-do-u-mean-by-standard-cost The cryptocurrency, which goes by the ticker ‘SILLY’, has achieved a 161% rally in the last week, rising from $0.0543 to $0.1419 at the time of writing. We also gather additional information from different sources to ensure we cover all necessary data or events. The protocol supports a wide variety of cryptocurrencies, tokens and stablecoins, which means that users can utilize their favorite assets.

Bonk Inu price shed 64% between December 14 and 28, which is resembles a bear market-type correction that typically takes a few years. Due to the volatile nature of meme coins, BONK is close to triggering a reversal. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission.

Programmatic Sales Ruling Provides XRP Price Support

An XRP move through the $0.6354 resistance level would give the bulls a run at the $0.65 handle. The 14-day RSI reading, 51.70, suggests an XRP return to the $0.65 handle before entering overbought territory. This development could see Binance Coin price consolidate in the lower half of the range and potentially sweep the range low at $183. The resulting buying pressure, if it can flip $337 into a support floor, could kickstart the next leg up to $393 or the $400 psychological level.

Coinbase is known for being the second biggest cryptocurrency exchange in the world, but the company also seems to be in competition with the entire Decentralized Finance (DeFi) market. However, a fall through the 50-day and 200-day EMAs would bring the $0.5835 support level into play. In July, Judge Analisa Torres ruled XRP was not a security in Programmatic Sales. Significantly, Judge Rakoff targeted the Programmatic Sales ruling in August. Judge Rakoff stated Judge Torres made an error in her ruling in the ongoing SEC v Ripple case.