#shibanews #ShibaInvestment #cryptofans

The main developer of Shiba Inu, Shytoshi Kusama, has indicated significant progress in the ambitions of the project. Kusama's statements, which were shared on X (formerly Twitter), provide insights into the strategic orientation of Shiba Inu and its integration into the broader Internet infrastructure.

In allusion to the fake spot news about the approval of Bitcoin ETFs, Kusama said: "Hey, SHIBARMY! While everyone focusses on whether approved or not, hacked or not, we continued to focus on creating what we promised: a network status. Since I listen to a lot of Web 3, but not enough WEB, we are talking about SHIB NAME TOKENS."

Kusama explained the orientation of the project and emphasised the importance of domains in the digital world: "Domains are the identity layer of the Internet. For 40 years, they have made the use of the Internet easier for everyone. If you enter something in your browser, you will be taken to the Shib website. What if you could do more?"

In order to increase acceptance, Shiba Inu works with D3 to apply for the top-level domain (TLD) .shib, with the aim of having a significant impact on the Internet landscape. "This allows us to open up the infrastructure used by 5.3 BILLION people worldwide," Kusama noted and emphasised the wide scope of this project.

The plan provides for the use of domains to set up a seamless identity layer for Shib throughout the Internet without the need for special software, wallets, plugins or extensions. This step could dramatically simplify user interaction with the Shiba Inu ecosystem and potentially revolutionise digital identity verification and interaction on Web3 platforms.
#CryptoNews.

#BTC #Bitcoin #cryptofans

The story of Bitcoin (BTC) began in 2009, when a person or group named Satoshi Nakamoto launched the cryptocurrency. Bitcoin was developed as a decentralised digital payment system that does without a central authority such as banks or governments. The technology that enables Bitcoin is the blockchain, a public and immutable database.

In the first few years, Bitcoin was mainly used by tech enthusiasts and crypto enthusiasts. However, its popularity grew rapidly, and exchanges were established on which Bitcoin could be traded against other currencies. The price of Bitcoin experienced significant fluctuations, from a few cents in the early years to several thousand dollars in the following years.

Bitcoin was considered a digital gold and used as a store of value. The introduction of technologies such as the Lightning Network should improve scalability and speed up transactions.

Bitcoin's influence on the financial markets and the debate about its role as a currency or asset continued. Institutional actors began to consider Bitcoin as an asset class, which led to wider acceptance. The future of Bitcoin remains dependent on developments in regulation, technology and general crypto adoption.

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🚀 Top 3 Tokens Set to 20x Post Bitcoin Halving! 🌐💰

1. Shiba Inu (SHIB): The Burning Meme Coin Taking Flight!

With the Bitcoin halving on the horizon, Shiba Inu (SHIB) takes center stage as its burn rate skyrockets by an astonishing 5891.2% in the past week. Speculation is rife that SHIB could easily 20x post-halving, fueled by its momentum and the epic rise in coin burning. Despite a recent 4.06% dip to $0.00000979, the SHIB community's concerted effort to burn billions in circulating supply sets the stage for a potential moonshot.

2. Retik Finance (RETIK): Pioneering Mainstream Crypto Adoption!

In the midst of meme coin mania, Retik Finance (RETIK) emerges as a beacon of sustainable growth post-halving. Focused on real-world utility, RETIK bridges the gap between digital assets and fiat transactions. Offering game-changing features like crypto debit cards, merchant payment gateways, and user-friendly mobile wallets, Retik aims to make cryptocurrencies practical for everyday transactions. With strong fundamentals and real-world use cases, RETIK stands out for long-term growth potential. Early investors, snagging $RETIK at a bargain price of $0.07 in the presale, may ride a 20x windfall or more upon public exchange debut.

3. Solana (SOL): The Speed Demon Primed for Take-Off!

Ahead of the Bitcoin halving, Solana (SOL) positions itself for explosive growth with its lightning-fast and highly scalable blockchain solutions. Boasting a robust DeFi ecosystem with over $1.3 billion in Total Value Locked, SOL's efficiency stems from processing an impressive 65,000 transactions per second. The hybrid proof-of-stake and proof-of-history architecture sets SOL apart, catering to the demand for speed in decentralized applications. As investors embrace Solana's capabilities, the potential for a 20x surge post-halving becomes increasingly promising.

🌐 For more crypto insights and updates, follow The Blockopedia!

#top3crypto #Top5Cryptos #cryptofans #cryptocurrency #crypto2024SpaceCatch

🚨Recent reports of a massive 25.6 billion $XRP transfer, valued at nearly $15 billion, were based on a misinterpretation of #transaction data.

This incident, initially alarming the #cryptofans community, turned out to be a failed exploit attempt involving the 'Partial Payments' feature of the XRP Ledger.

$XRP remains stable at $0.578.

Exciting news for #cryptofans !

The US SEC has granted approval for the first spot #Bitcoin ETF.

Commissioner Hester Pierce believes it's a decade overdue, but the market could see significant impacts, benefiting #DeFi, #BTC, #ETH, and #Altcoins.

Your thoughts on whether this marks the beginning of a new era for #cryptocurrency?

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