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🪙 Crypto and Blockchain News (Feb 14, 2024): 1️⃣ Starknet: The #Starknet Foundation has announced the distribution of over 700 million native tokens of the Ethereum Layer 2 network, StarkNet, among nearly 1.3 million addresses. The opportunity to apply for STRK will be available from February 20. Users can check their eligibility for the airdrop on the Starknet Provisions program page. 🚀 2️⃣ CoinDesk: On February 12, the number of pre-orders for the Web3 smartphone #Saga Chapter 2 from Solana Mobile reached 100,000 units. The company previously set this milestone as a condition for developing the second device. 📱 3️⃣ Bitso: According to a report from the Mexican cryptocurrency exchange Bitso, approximately 60% of all purchases by residents of Argentina were made with "stable" coins #Circle (USDC) and Tether (USDT). Bitcoin (BTC) accounted for only 13%. 💸 4️⃣ quit.q00t.eth: A group of cryptocurrency developers has introduced an alternative implementation of the experimental #ERC-404 token standard. 🔄 5️⃣ JPMorgan: Artificial intelligence technologies will play a leading role in trading over the next three years. In a traditional E-Trading Edit: Insights from the Inside research, 4010 institutional traders from 65 countries participated. 🤖 🚀 Subscribe if you haven't already to stay updated on the latest crypto news!

🪙 Crypto and Blockchain News (Feb 14, 2024):

1️⃣ Starknet: The #Starknet Foundation has announced the distribution of over 700 million native tokens of the Ethereum Layer 2 network, StarkNet, among nearly 1.3 million addresses. The opportunity to apply for STRK will be available from February 20. Users can check their eligibility for the airdrop on the Starknet Provisions program page. 🚀

2️⃣ CoinDesk: On February 12, the number of pre-orders for the Web3 smartphone #Saga Chapter 2 from Solana Mobile reached 100,000 units. The company previously set this milestone as a condition for developing the second device. 📱

3️⃣ Bitso: According to a report from the Mexican cryptocurrency exchange Bitso, approximately 60% of all purchases by residents of Argentina were made with "stable" coins #Circle (USDC) and Tether (USDT). Bitcoin (BTC) accounted for only 13%. 💸

4️⃣ quit.q00t.eth: A group of cryptocurrency developers has introduced an alternative implementation of the experimental #ERC-404 token standard. 🔄

5️⃣ JPMorgan: Artificial intelligence technologies will play a leading role in trading over the next three years. In a traditional E-Trading Edit: Insights from the Inside research, 4010 institutional traders from 65 countries participated. 🤖

🚀 Subscribe if you haven't already to stay updated on the latest crypto news!

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📈 Prediction (MATIC and XRP): 🖖 MATIC/USDT - According to data from the Santiment analytical platform, over the last three days, the supply of #MATIC on exchanges has decreased by 20 million tokens. Historically, similar occurrences have been followed by short-term price spikes. If history repeats itself, the altcoin may exit the consolidation phase. Forecast: The price of MATIC has been consolidating between $0.74 and $0.64 for several weeks now. Since mid-April, the token has repeatedly attempted to break above the upper boundary, acting as resistance. If the next attempt is successful, a consolidation above $0.81 will mark the beginning of a recovery rally. However, if the breakthrough fails, #Polygon will continue to trade within the specified range. Losing support at $0.64 could send the altcoin down to $0.60 and below, rendering bullish forecasts invalid. 😀 XRP/USDT - According to data from the Coinglass analytical platform, an increasing number of traders are opening short positions on XRP, hoping for a continuation of the asset's price decline. This is evident from the funding rate, which has once again turned negative. Forecast: At the time of writing, #XRP is trading around $0.51, preparing to break out of the existing symmetrical triangle pattern since early April. A symmetrical triangle is a technical analysis formation characterized by converging trendlines, indicating a period of consolidation before a potential breakout. Considering the aforementioned conditions, there is a likelihood that Ripple will break below the pattern's lower boundary and drop to $0.47. Losing this support could lead to a collapse to the $0.42 mark. On the other hand, confirmation of $0.51 as a support level would allow the altcoin to refute the bearish thesis. In this case, XRP could rise to $0.65. 👍 Share your insights with others!
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