Let's imagine you have a lot of gadgets like phones, tablets, and laptops that you can't fit into your backpack. To solve this problem, you could divide your gadgets into smaller groups and store them in different bags or cases.

This way, you can easily find the gadget you want to use without having to search through all of them. #Sharding works in a similar way when you have a lot of data that you need to store on multiple servers. You divide the data into smaller parts called "shards" and store them on different servers.

This helps to make it easier and faster to access the data you need, as you only need to search through a smaller amount o

f data. For example, in a social media app like Instagram, instead of storing all the user information on one server, it can be divided into different shards, with each server handling a specific set of users' #Data .This helps to keep the app running smoothly, even as the number of users and amount of data increases.

Sharding is primarily used in distributed computing and database systems, particularly in #blockchain technology. In blockchain, sharding is used to improve scalability and performance while ensuring the security and consistency of the data across the network.

It allows the network to process more transactions per second and handle more users without compromising the integrity of the blockchain.

However, sharding can also be used in other distributed systems such as cloud computing and data storage systems, to improve their efficiency and #scalability #CoinGabbar

#Binance one of the world's largest #cryptocurrency exchanges, has launched an AI-powered NFT generator called "Bicasso" in beta. The tool allows users to create digital collectibles from images and words using AI.

Within 2.5 hours of launching, the tool reached its cap of 10,000 NFT mints, with around 3,300 users minting at least one Bicasso NFT. However, these images are not available for resale as they were part of the pilot.

#bicasso has the potential to change the #NFT world by making it easier for users to create and sell digital collectibles. The tool's AI capabilities can help artists and creators transform their work into NFTs without needing technical skills. Bicasso also eliminates the need for users to pay high fees for minting NFTs.

With the success of Bicasso's pilot launch, it's possible that other exchanges and platforms will follow suit, making NFTs more accessible to a broader audience and fueling the growth of the NFT market.

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As #cryptocurrency gains more popularity, the number of #scams and fraudulent crypto projects continues to rise. Spotting these scams is crucial to protecting yourself and your investments in the crypto world. #antiscam

Here are five key things to look out for when evaluating a crypto project to avoid falling victim to a potential scam.

Lack of transparency: It's essential to look for a project that is transparent about its team, mission, and goals. If a project's website lacks this information, it's likely a red flag.

Unrealistic promises: Many crypto scams entice investors with promises of overnight riches or guaranteed high returns. If something seems too good to be true, it probably is.

Lack of technical details: A whitepaper is a standard requirement for any legitimate crypto project. If a project's whitepaper is lacking, it's a sign that the project may not have a solid foundation.

False endorsements: Some crypto projects may falsely claim endorsements or partnerships with well-known companies or individuals to gain credibility. It's essential to research these claims and ensure they're legitimate before investing.

Suspicious token distribution: A disproportionate token distribution heavily skewed towards the project's founders or early investors is another red flag. It may indicate that the project is more focused on enriching its founders rather than building a sustainable product.

When it comes to #investing in cryptocurrency, it's essential to remain vigilant and evaluate crypto projects carefully. By keeping an eye out for these five warning signs, investors can avoid falling victim to fraudulent projects and scams, and protect their investments in the rapidly evolving world of cryptocurrency. #CoinGabbar

Crypto News Key Highlights:
Shiba Inu (SHIB) has taken the lead in the recent surge of meme coins, reaching levels not seen since April 28, 2022. Justin Sun, a notable figure in the crypto community, caused a stir by transferring a significant amount of SHIB, totaling 20 trillion tokens valued at over $544.4K. Although there has been a retracement, most SHIB holders maintain a bullish sentiment, indicating confidence in the coin’s future.Bitcoin is rapidly leaving exchanges, signaling potential all-time highs. On March 1 alone, withdrawals totaled $2 billion, a record in over 5 years. Notably, U.S. spot Bitcoin ETFs and Binance withdrawals contributed significantly. Despite dwindling exchange reserves, new investors are entering the market, reflected in changing UTXO ages.Tether’s market capitalization reaches $100 billion, outpacing USD Coin (USDC) by $71 billion. Despite discrepancies in data sources, Tether plays a vital role in crypto trading, pegged to the USD across multiple blockchains. Backed by audited reserves, including U.S. Treasury Bills, Tether aims to mitigate concerns over asset quality.The iShares Bitcoin Trust (IBIT) by BlackRock has swiftly soared to $10 billion in assets under management (AUM) in a mere seven weeks, a feat that took the inaugural U.S. gold-backed ETF over two years to accomplish. Inflows into Bitcoin ETFs have notably outstripped those of gold, with unprecedented daily increases and swift accumulation, indicating a potential pivot in preferences for store of value towards Bitcoin.Vitalik Buterin praised Reddit’s decision to incorporate contributor ownership in its IPO but expressed disappointment over U.S. regulations limiting participation. Buterin emphasized the global opportunities in crypto, suggesting a more inclusive model. Reddit’s IPO filing indicates investments in Bitcoin and Ethereum, signaling a move towards blockchain technology.Binance announces transition from USDP to FDUSD on Binance Futures, effective March 8th, to enhance trading experience. USDP support ends on March 14th. Operational changes implemented, including zero transfer-in limits for USDP and automatic conversion to USDT. Proactive risk management advised during transition. FDUSD brings operational adjustments and fair transfer-in limits based on VIP levels.Bitcoin Ordinals and Bitcoin-based NFTs witness surges in trading volume and demand. Magic Eden dominates Bitcoin Ordinals trading, reaching $39.29 million in volume. NodeMonkes NFT spikes by 25% to 0.89 BTC, valuing at $56,500, elevating its market capitalization to $565 million, ranking third among NFTs.
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Tesla Cars Can Facilitate Dogecoin as a Payment Options
In a recent Berlin Giga Factory event, Tesla CEO Elon Musk shocked the crypto world once again by suggesting the possibility of accepting Dogecoin as payment for Tesla Cars. Responding to a fan's inquiry about using DOGE to purchase Tesla products, Musk's response was "I think we should enable it." However, details on the timeline for implementing Dogecoin payments was not disclosed.

Musk has a history of admiring meme-based cryptocurrency, so his relationship with Dogecoin is not new. In contrast to Bitcoin's reputation as an asset used mostly by the wealthy, he emphasized at the event the attractiveness of Dogecoin as a currency for the general public. Dogecoin began as a playful digital currency that became well-known online through memes
Tesla's potential acceptance of Dogecoin for payments extends beyond speculation, as the company has already been allowing Dogecoin payments for its merchandise since January 2022. The move would further solidify Musk's support for the cryptocurrency, potentially opening up new avenues for its adoption and integration into mainstream commerce.
Impact of the Statement
The impact of Musk's latest endorsement was swift and tangible in the
markets. Following his remarks, Dogecoin's price surged from $0.172 to $0.187, representing an approximate 8% increase in value. Musk's influence on Dogecoin's market activity has been consistent, with his tweets and public statements often triggering fluctuations in its price and trading volume.
The prospect of Tesla accepting Dogecoin payments has generated excitement not only within the crypto community but also among Tesla enthusiasts eagerly awaiting further developments. While specifics on the rollout of Dogecoin payments for Tesla remain unclear, Musk's endorsement has once again demonstrated his ability to drive interest and momentum in the cryptocurrency space.
#cryptonewstoday #CoinGabbar #cryptocurrency #ElonMusk #Dogecoin2024

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IONCO Integrates Blockchain and Web3 Technology for Next-Gen Solutions
Introducing IONCO
In the emerging world of Blockchain Technology, IONCO was introduced as a search engine by Corodeanu lonel in July 1, 2014 which has constantly emerged as a tech company where they offer a wide variety of products and services which are User and Investor friendly. The Ionco’s main goal is to become a well-known company in the growing world of Crypto and Blockchain Technology.
Ionco on the path of achieving their goal and to improve the quality of application making it user friendly and for creating a better online experience has introduced:-
Web3 technology: Ionco will leverage the power of blockchain and decentralized applications (dApps) to offer secure and transparent solutions.IONCO Smart Chain: This is the IONCO’s proprietary blockchain which provides a fast and a low-cost platform for transactions.INC coin: This native token serves as the primary currency within the Ionco ecosystem.
Products of IONCO
Search engine — Ionco is developed as a web platform where we can search useful information, where we can look and search for peoples, friends and the business, where we can find latest news, search images, trending blogs and a Forum for discussions.Business Optimization — Ionco helps in SEO optimization of your business where they analyze the business and then provides help in optimizing our business.Business Advertisement — Ionco helps grow our business by promoting our business, posting announcements of new projects and events and by exchanging affiliate links to increase traffic on our business website.
Ionco’s Smart Chain Project
Ionco’s Smart Chain is proprietary blockchain that ensures security and privacy for all users and developers which operates on cutting-edge (web3) technology, introduces the (INC) coin through a strategic three-stage launch with a total supply of 250,000,000 coins, the (INC) serves as the native currency on the IONCO Smart Chain, boasting advanced functionalities such as decentralized applications, smart contracts, and cross-chain interoperability.
Ionco’s smart chain operates on Proof of Authority (POA) consensus mechanism, this blockchain prioritizes security, privacy, and low transaction costs. In this Blockchain, investors are not only offered opportunities in the volatile cryptocurrency market but are also rewarded with shares, transforming them into integral stakeholders in Ionco’s innovative financial ecosystem.
Features of Ionco’s Smart chainProprietary blockchain: This feature ensures security and privacy for users and developers.Native coin (INC): Ionco’s coin with 250 million supply will be used as a currency on the smart chain platform for payments, smart contracts and governance.Decentralized exchanges: Ionco’s smart chain offers fast, low-cost transactions with low gas fees (network commission) with the aim of becoming a world’s leading blockchain for decentralized financing (DeFi).Proof of Authority (POA) consensus mechanism: Ionco’s smart chain is a Proof of Authority Chain which supports various functionalities which is similar to Ethereum network but with different governance model. .Supports various functionalities: The Smart chain network will support decentralized application ecosystem (dApps), Smart Contract infrastructure, non-fungible tokens (NFT) and digital asset management, improved transactional efficiency, cross-chain interoperability and integration, governance and community engagement, scalability solutions, security and auditing mechanisms, developer tools and support, economic models and tokenomics.Ionco’s (INC) Coin — It is a digital currency launched by Ionco with total supply of 250 million virtual coins, will act as a utility coin on Ionco’s Smart chain platform which will allow investors with following function:-To access and use the Ionco platform.To be used as a payment method for services on the platform.To be used as payment currency for smart contracts.To grant instant payments without commissions.Provide early access to new products and features.Technology used — The Ionco has used Web 3.0 technology for better experience of their customer because Web 3.0 is the advanced Internet era marked by decentralization, seamless data sharing, personalized experiences via AI, heightened security through blockchain, and a commitment to inclusive access, aiming for a more connected, secure, and equitable digital landscape.Investor’s benefit from the project (Web3) –Diverse Investment Portfolio: Investors benefit from a range of project types, spanning web3 products, applications, and smart contracts, allowing for a diversified investment portfolio.Strategic Launch Stages: The three stage launch of a product on various platforms, including PancakeSwap and Binance, provides investors with strategic entry and exit points which will maximize the opportunity.Stock Rewards and Ownership: Investors will receive a block of shares, which will transform them into full shareholders which aligns their interests with the success of Ionco and which potentially increase their return.Credibility and Exposure: The project’s listing on Binance, a popular cryptocurrency trading platform, and later on the Centralized International Stock Exchange enhance credibility and expose the investment to a broader audience.Informed Decision-making: Ionco prioritizes transparent communication, offering investors comprehensive information, facilitating informed decision-making, and fostering confidence and stability in their investment.Outcome of the Project (web3) –Informed Development: Ionco’s (web3) project is grounded in thorough market research, leveraging insights from the crypto market’s history, which has amassed over $800 billion. This ensures informed decision-making and strategic development.Crypto Adoption: Recognizing the widespread adoption of virtual currency as a payment method, Ionco positions itself in a market where people are increasingly embracing digital currencies.Decentralized Trading: Acknowledging the success of decentralized cryptocurrency trading platforms, Ionco taps into this trend, providing investors with opportunities to earn substantial incomes.Market Potential: With the crypto market’s volatility and risks, Ionco offers a platform that caters to investors’ preferences and experiences, emphasizing the potential for high returns.Financial Inclusion: Ionco’s project targets inclusivity, making the digital economy accessible to a broader demographic, aligning with the ethos of decentralized finance and ensuring a more equitable landscape.

What makes this project (Web3) unique?Three-stage launch: Ionco balances risk and opportunity by launching the INC coin on decentralized exchanges first, then on Binance, and finally listing the company on a centralized stock exchange.Focus on user experience: Ionco prioritizes the needs of users by creating a search engine that provides quality information and applications that are secure and easy to use.Open-source approach: Ionco’s commitment to open-source development fosters community involvement and transparency.Smart Contract Infrastructure: Ionco has built a platform which ensures a trust and transparency for a self-executing smart contracts with low gas fee (Network commission) and fast network.Multi-Faceted Ecosystem: The Ionco’s Smart Chain is presented as a versatile platform covering decentralized applications, Smart Contracts, NFTs, cross-chain interoperability, and more, providing a wide array of opportunities.
Conclusion
Ionco’s Project (Web3) is a visionary project seeking to redefine the role of virtual currency and blockchain technology. With a commitment to user trust, innovative three-stage launch, and the development of a feature-rich Ionco Smart Chain, the project aims to provide investors with not just opportunities but stability and confidence in their journey through the (web3) landscape.
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Indian Crypto Exchanges Ensure Easy Crypto Transfers Amid Offshore Ban
In response to the Ministry of Finance’s Financial Intelligence Unit’s ban on offshore crypto exchanges such as Binance and OKX, Indian crypto exchanges are assuring users of seamless transfers for those looking to move their crypto assets. Now people are very confused. Is Binance safe or not?
Various Indian crypto exchanges are offering attractive fee waiver incentives to aid users with funds stranded on the banned foreign exchanges. CoinDCX, among the leading Indian crypto exchanges in terms of trading volume, has disclosed a commitment of $1 million to facilitate the transfer of assets to compliant crypto exchanges.
Indian Crypto Exchanges Facilitating Investors
Subsequently, BuyUcoin, another notable Indian crypto exchange, declared a zero-fee policy for users transferring from offshore exchanges following the FIU ban. Shivam Thakral, the CEO of BuyUcoin, expressed that they view the FIU’s decision as a positive measure for safeguarding investors and upholding regulations pertaining to capital flight in the context of foreign exchange entities.
WazirX, another leading exchange, introduced a 1% bonus for users shifting their crypto assets to WazirX. Consequently, they have observed a significant surge in activity, with a 42.3% increase in P2P transactions, a 253% rise in spot trading volume, and a 114% uptick in deposits from November to January compared to the preceding three months.
FIU Notice and App Store Restrictions Shake Crypto Landscape
In a decisive move, the Financial Intelligence Unit (FIU), a branch of the Indian Finance Ministry, issued a non-compliance notice to several prominent crypto exchanges, including Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and Bitfinex, on December 28, 2023. The FIU mandated a one-week timeframe for these exchanges to respond to the notice and directed the IT department to block the URLs of the mentioned foreign crypto exchanges if they failed to comply.
Around two weeks after the FIU’s notice, on January 10, Apple’s Indian app store took the preemptive step of blocking all foreign crypto exchanges. However, during this period, the apps were still accessible on the Android app store. Within a week, Google’s app store also followed suit, blocking these foreign crypto exchanges. This development triggered a sense of panic among Indian users who had turned to foreign exchanges like Binance to avoid a hefty 30% crypto tax.
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FIU Vanguard Against Money Laundering And Terrorism
Global Crypto Exchanges have to face a lot of difficulties operating in India if they don’t register with FIU. Recently, the FIU has taken a big action by issuing offshore notice to nine crypto exchanges under Section 13 of the PML Act.
Financial Intelligence Units (FIUs) stand as the vanguard against financial crimes, including money laundering, terrorism financing, and other illicit activities within a country.

In India, FIU IND serves as the primary agency entrusted with acquiring, processing, and disseminating information about dubious financial dealings. Its primary goal is to safeguard the financial system from crimes, fostering a reputable and globally recognized institution focused on financial intelligence.
Significance of FIU Registration for Crypto Exchanges Operating in India
FIU registration for crypto exchanges in India ensures adherence to stringent AML regulations and Know Your Customer (KYC) norms. This step is pivotal in mitigating the risks associated with financial crimes, ensuring thorough customer due diligence, and preventing money laundering activities within the crypto space.
Registration with FIU-IND augments the credibility of crypto exchanges, instilling trust among users, investors, and regulatory bodies. It showcases a commitment to transparency, compliance, and the upholding of regulatory standards, thereby fostering confidence in the crypto ecosystem.
Registered exchanges gain access to critical financial intelligence provided by FIU IND, empowering them to stay vigilant against suspicious activities and enabling prompt reporting of any anomalies or potential illicit transactions.
FIU registration imposes legal obligations and accountability on crypto exchanges, ensuring they operate within the purview of established laws and regulations. This commitment to compliance fortifies the overall integrity of the crypto industry and protects stakeholders’ interests.
Challenges and Solutions for Crypto Exchanges Regarding FIU Registration
Cryptocurrency exchanges encounter various challenges concerning FIU registration, including anonymity in transactions, evolving technologies, regulatory uncertainty, cross-border transactions, and the complexity of data. However, if crypto exchanges don’t register, they may face tough action from the FIU in India.
However, proactive measures such as enhanced KYC procedures, international collaboration, technology investments, advocacy for standardized regulatory frameworks, and advanced data analytics serve as solutions to address these challenges.

In conclusion, the significance of FIU registration for crypto exchanges operating in India cannot be overstated. It serves as a cornerstone for fostering compliance, accountability, and transparency within the crypto industry.
By aligning with FIU regulations, exchanges not only fortify their own credibility but also contribute to the broader goal of safeguarding the financial system against illicit activities.
#FIURegulation #cryptocurrencynews #CoinGabbar #CryptoExchange
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Saylor Predicts Bitcoin To Overtake on Gold in the Future
Once again Michael Saylor and its Microstrategy is in limelight in the Crypto World. Microstrategy has recently announced the purchase of 12,000 more bitcoin after the recent purchase of 3000 Bitcoin in February 2024. The purchase has increased the total holding of Microstrategy’s Bitcoin at 2,05,000. 

After the purchase of 12000 Bitcoin by Microstrategy, its CEO Michael Saylor has an interaction with CNBC where he predict that Bitcoin will be much more valuable asset than Gold and said that Bitcoin will eat gold in the future.
According to Michael Saylor, Bitcoin has all the the metal's great attributes, but none of its problems which means that Gold is a very risky asset which can’t be move from New York to Tokyo in a minutes while Bitcoin has this ability and is more secure than gold. Saylor further clarified that Bitcoin at least replace digital Gold in the investment ecosystem.
Michael Saylor further highlighted the Bitcoin Halving event which will going to occur in this April which will reduce the crypto’s block reward to 50%, meaning just 450 new bitcoin hitting the market each day from the current 900. Its impact will be the increase of Bitcoin price so to adjust the investor demand.
Bitcoin Today’s Value
This Monday, Bitcoin became the eighth most valuable asset globally, beating silver with a market value above $1.4 trillion. It's impressive, but Bitcoin has a long way to catch up to gold, which is valued at a massive $14.7 trillion.
However it is not clear whether Bitcoin will eat gold in the near future or not but it is clear that bitcoin has the ability to become the topmost choice of the investor in the near future to invest for a long term and the best crypto to buy now.

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#Bitcoin #BTC/USDT: $BTC #Cryptocurrrency #CoinGabbar

Agnus AI Redefines Decentralization with Artificial Intelligence
In today’s digital landscape of blockchain technology, Agnus AI emerges as a beacon of innovation and trust. Combining the power of artificial intelligence with the decentralized nature of blockchain, Agnus AI presents a massive shift in how we perceive and interact with digital ecosystems. In this blog, we delve into the essence of Agnus AI, exploring its features, benefits, and the transformative potential it holds for various industries.
A Brief Introduction to Agnus AI
Agnus AI emerges as a beacon of innovation, integrity, and transformative potential. At its core, Agnus AI represents the convergence of artificial intelligence (AI) and blockchain, two groundbreaking technologies that are reshaping industries, economies, and societies worldwide.
Founded on the principles of trust, transparency, and technological advancement, Agnus AI stands as a testament to the power of innovation in driving positive change. Unlike traditional blockchain solutions, Agnus AI transcends mere decentralization by infusing AI-driven intelligence into every facet of its operations.
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#AgnusAI #cryptocurrency #cryptonewstoday #CoinGabbar

Navigating Bitcoin’s $50K Journey with Key Factors Driving the Rally
In the ever-changing world of cryptocurrencies, Bitcoin shines as a symbol of stability and potential. Recently, it reached a significant milestone, reaching the $50,000 mark and hitting a two-year high, showing Bitcoin’s potential. This surge has sparked renewed interest and speculation in the digital asset sphere, leading investors to analyze the reasons behind Bitcoin’s impressive climb. In this article, we’ll explore the different factors driving Bitcoin’s rally and what this means for its future direction.
Bitcoin passing $50,000 is a big deal. It shows more people are seeing it as a safe place to put their money and a way to protect against rising prices. Big companies and investment firms getting involved have helped make Bitcoin seem more serious. When companies like Tesla and Square start putting a lot of their money into Bitcoin, it makes others take notice. Plus, clearer rules in some places mean more big players can join in without worrying if it’s allowed or not.
The Impressive Surge
Bitcoin’s recent jump to $50,316 is a big deal. It shows that Bitcoin’s value is bouncing back after staying stable for a while. This sudden rise has grabbed everyone’s attention, from experienced investors to newcomers. People are wondering if Bitcoin can keep going up. Even though it’s not at its highest-ever price of $69,000, the way things are going suggests it might climb even higher soon.
Factors Driving the Rally
Bitcoin’s comeback has been caused by several important factors. These factors have played a vital role in influencing how people feel about the market and in increasing the demand for digital currency.
The Bitcoin Halving Event
One of the main reasons behind Bitcoin’s surge in value is the upcoming Halving Event, set for April. This event happens roughly every four years and involves reducing the rewards miners get for mining Bitcoin.
In the past, halving events have caused shortages in supply, creating a situation where demand outstrips available coins, thus pushing prices up. As we approach the next halving, investors are preparing to take advantage of the expected scarcity of new Bitcoin being issued.
Institutional Adoption and the Rise of Bitcoin ETFs
Bitcoin adoption by institutions has surged, with big firms and investors putting a lot of money into it. The SEC approving a spot Bitcoin ETF has made investors even more interested, giving them a regulated way to invest in Bitcoin.
Companies like MicroStrategy have been leading this trend by putting a lot of their money into Bitcoin as part of their treasury management plan. This big influx of institutional money has made people more confident in Bitcoin’s future, pushing prices up.
Monetary Policy Expectations
The recent surge in Bitcoin’s value has been partly attributed to the expectations of central banks, especially the Federal Reserve, to maintain supportive monetary policies. There’s speculation that interest rates might be cut in 2024, which makes the environment favorable for riskier assets like cryptocurrencies.
With traditional safe-haven options like bonds offering lower returns due to low-interest rates, investors are seeking alternatives such as Bitcoin to safeguard and increase their wealth.
Political Support and Regulatory Clarity
Bitcoin has gained strong support from politicians, especially in places like El Salvador, where it’s been accepted as legal tender or legal money. Similarly, political candidates in major economies like the United States embracing Bitcoin in their campaigns have made it more mainstream. In recent years, regulatory clarity around cryptocurrencies has improved, giving investors more confidence and reducing market uncertainty.
Looking into the future, Bitcoin’s journey is influenced by many factors like global economic trends, technological progress, and rules from governments. Because of the COVID-19 pandemic’s effects on economies worldwide, more investors are choosing assets like Bitcoin to protect their money from possible inflation. Also, improvements in blockchain technology and the rise of decentralized finance (DeFi) are making Bitcoin useful for more than just investing — it’s becoming a part of various financial applications.
Conclusion
Bitcoin surpassing the $50,000 mark is a big deal on its journey to becoming widely accepted. Despite facing ups and downs, it’s backed by strong reasons like more institutions using it, clearer regulations, and big-picture economic trends. As Bitcoin grows up, it’s becoming a key investment choice. It’s seen as a safe bet against inflation and a vital part of diverse investment plans. In a confusing investment world, Bitcoin shines as a symbol of new ideas and chances to make big gains while spreading out risk.
$BTC #BitcoinPrice2024 #BitcoinEFT #CoinGabbar #cryptocurrency

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Ethereum's Journey Beyond Supply Burns and its EIP-1559's True Impact
Since the London upgrade in August 2021, Ethereum has been on a changing path, grabbing attention from investors, developers, and enthusiasts, particularly due to Ethereum Improvement Proposal 1559 (EIP-1559). This proposal aimed to restore the network's fee structure and introduce a burning mechanism for Ether. While many focus on the reduced supply due to this upgrade, there are more aspects to explore that go beyond just supply reductions.

EIP-1559's True Impact
EIP-1559 Reduces Ethereum's Supply
During the implementation of EIP-1559, more than 3% of the Ether supply has been burned, which is a significant change. But there's more to it than just that. EIP-1559 has brought about a whole new way of looking at and using Ethereum. It's not just about reducing the supply, it's about changing the game altogether. It has also triggered an effective transformation in Ethereum's perception and use.
Fee Predictability and User Experience
EIP-1559 aimed to simplify how transaction fees work on Ethereum, making it easier for users to understand. It introduced a base fee that changes depending on how busy the network is. This means users can predict their transaction costs better, so they're less likely to pay too much when lots of people are using Ethereum. This smoother experience encourages more people to use Ethereum apps, making them more useful for everyone.
Deflationary Pressures and Economic Dynamics
The ultrasound money meme speculated about Ethereum's potential deflationary path, but the reality has been more complex. Regardless of significant supply burns, Ethereum's issuance has exceeded burning, in part due to increased activity on Layer 2 solutions. However, the combination of supply reduction and increased adoption might lead to deflationary pressures down the line, potentially reshaping Ethereum's landscape.
Spark for Innovation and Scalability Solutions
The introduction of a burning mechanism through EIP-1559 has sparked innovation in scalability solutions, particularly in Layer 2 platforms like rollups. As Ethereum moves towards these solutions to ease network congestion and lower fees, there's been a surge in experimentation and development within the ecosystem. The upcoming Dencun upgrade, which includes EIP-4844, highlights Ethereum's dedication to improving scalability and enhancing user experience.
Balancing Economic Dynamics and Innovation
Let’s Change the Ethereum's Economic Dynamics with EIP-1559
The focus is usually on supply burns and deflationary potential, but Ethereum's progress goes beyond just these numbers. EIP-1559 is pushing Ethereum's economic model forward and driving innovation in scalability solutions. As Ethereum evolves, finding the right balance between economic stability and technological progress becomes crucial.
Target Audience and Aim
This article is for everyone interested in Ethereum, including investors, developers, and enthusiasts. It has two main goals:- first, to explain how EIP-1559 affects more than just burning supply. We'll dive into its impact on user experience, the economy, and innovation. Second, we want to encourage open discussions and smart choices within the Ethereum community. It's important to look at the big picture as Ethereum keeps changing fast.
Conclusion
EIP-1559 represents an important step in Ethereum's journey, going beyond the usual discussion of supply burns to change how users interact with the network and how its economy works. As Ethereum grows and changes, it's important to understand what EIP-1559 means for everyone involved. It's about finding the right mix of keeping the economy healthy and pushing for new ideas, so Ethereum can become stronger, more useful, and more welcoming for everyone in the decentralized world. 
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South Africa to Greenlight 60 Crypto Platforms
South Africa is stepping into the world of cryptocurrency regulation with a significant move – issuing operational licences to 60 crypto platforms. These licences, the first batch from a pool of over 300 applications, signify a proactive effort by the Financial Sector Conduct Authority (FSCA) to bring order to the rapidly expanding Crypto Ecosystem.

FSCA stance

Unathi Kamlana, the FSCA Commissioner, has assured that while the processing of applications is ongoing, more licences will be granted gradually. This signals a strategic approach to managing the influx of crypto businesses seeking legitimacy in the South African market.
The decision to regulate crypto assets as financial products is a pivotal one, aimed at formalising the operations of exchanges and related enterprises. By doing so, South Africa aims to solve risks associated with unregulated crypto activities while providing a structured framework for businesses and investors alike.
Stablecoins, a subset of crypto assets, are also under scrutiny, with plans to classify them as such in official documentation. This move reflects an understanding of the evolving nature of digital currencies and their impact on financial markets.
In terms of legal protections for crypto users, South Africa is leveraging existing laws to safeguard consumers and address potential risks promptly. By integrating crypto platforms into the Financial Advisory and Intermediary Services (FAIS) Act, users now have access to legal recourse and protections previously unavailable.
Kamlana emphasises the importance of adaptability, recognizing that as regulation evolves, there may be gaps that require additional measures beyond the existing regulatory framework. This forward-looking approach underscores South Africa's commitment to staying abreast of developments in the crypto space and ensuring effective oversight.
Overall, South Africa's regulatory efforts signify a balancing act between fostering innovation and safeguarding investors. By providing clarity and accountability within the crypto sector, the country aims to create an environment conducive to growth while mitigating potential risks. As the landscape continues to evolve, South Africa remains poised to refine its regulatory approach to meet the needs of its burgeoning crypto market.
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Memecoins At An All-Time High In The Bullish Market
The ongoing bull run in the crypto market over the last month has made the crypto investors Millionaires or billionaires with Bitcoin at $66K and Ethereum at $3.7K with a 30% to 50% growth. The growth has increased the hopes of investors in the crypto market but that’s not all the real story begins with Memecoins which has shown a growth rate ranging from 100% to 500% and hence yielded more profits to their investors as compared to the traditional cryptocurrencies like Bitcoin, Ethereum, etc.

Top Memecoins in the Bull Run
Dogecoin (DOGE):- The first Memecoin with the biggest market cap in the meme coins has shown an extreme growth of around 131.5% in a month and was trading at $0.1825 while I am writing this news. Shiba Inu (SHIB):- Launched in August 2020 with a current market cap of around $24 billion is one of the most beneficial Memecoin with 300% growth in a month and was trading at around $0.00003943.Pepe Coin (PEPE):- Pepe was inspired by the popular internet meme “Feels Good Man” frog, also known as Pepe the Frog launched in April 2023. Pepe continues to display significant bullish momentum, the price surged over 700% in the last month with a current market cap of around $3 billion and was trading at $0.000007326
Why Dog runs like a Bull?
The recent surge in Meme Coins is attributed to the Bitcoin Halving Event in April and a significant purchase of SHIB tokens by a crypto whale. The whale bought 75.9 billion Shiba Inu tokens valued at $893,000, contributing to the overall rise in Meme Coin values. Additionally, Dogecoin's increase is linked to a recurring falling wedge pattern observed between December 2013 to May 2015, January 2018 to February 2019, and May 2021 to June 2022. 
This pattern suggests a potential future rise in Dogecoin prices. The meme token PEPE experienced over $50 million in future contract liquidations, driving up its prices in the last 30 days. Experts predict that this trend will persist in the upcoming days.
Thus Considering the substantial profits generated by Memecoins in the recent bull run, investors might find diversifying their portfolios to include these meme tokens a worthwhile consideration. However, it's crucial for investors to conduct thorough research (With Coin gabbar), stay informed about market trends, and carefully assess the risks associated with the volatile crypto market before making any investment decisions.

#cryptonewstoday #CoinGabbar #ShibaInvestment #DOGE🔥🔥 #cryptocurrency
$SHIB $DOGE

Step-by-Step Guide to Making Money with CurrencyMiner Cloud Mining!
Bitcoin hits all-time high of $70,000. If you're not making money from the current Bitcoin price surge, CurrencyMiner can help you make up for it through cloud mining.
On March 9, the price of Bitcoin hit an all-time high of $69,917.6. Jad Comair, founder of digital asset investor Melanion Capital, said: This is not only an amazing price increase, but also a paradigm shift for Bitcoin. Investors allocating Bitcoin today will be five to ten times more confident than they were just a few years ago.
The author believes that although the confidence of Bitcoin investors has indeed been greatly improved after this round of price carnival, Bitcoin is still a volatile investment target and is only suitable for professional investors with strong risk tolerance. Therefore, the author does not encourage investors with low risk tolerance to invest directly in Bitcoin. On the contrary, Bitcoin cloud mining with low risk and stable income is more worthy of investment by small and medium investors. For example, several of my friends have achieved excellent investment results of making $1,000 a day by investing in CurrencyMiners' cloud mining contracts.

Cloud mining is a shared mining business launched by the world's top Bitcoin miners such as CurrencyMiners. Investors do not need to purchase mining machines, rent sites, operate and maintain. It is a new investment method that allows you to share mining rewards by simply purchasing a computing power contract. Through this investment method, investors do not need to bear the costs of mining machines, sites, energy, maintenance, labor, etc., nor do they need to worry about whether they can mine Bitcoin.
CurrencyMiners executives told the author that the cloud mining business can ensure that CurrencyMiners has a steady stream of funds to deploy computing power to increase Bitcoin production. Investors can avoid the risk of asset fluctuations caused by directly holding Bitcoin, and can also avoid the unpredictability of output faced by their own investment in mining. This is a great win-win project for everyone.
According to the author’s CurrencyMiners investor friends, you can earn at least 4 types of income by investing in CurrencyMiners’ computing power contracts:
1: Create an account at CurrencyMiners. (This is super simple. You only need to click on the official website to register, fill in your email address, login account, login password, etc. in the form to complete the registration.) You can also get 10 US dollars in experience and you can recharge funds when you create an account, which is very considerate. .
2: Choose the contract that suits your purchase and buy. CurrencyMiners offers you a variety of contracts with different amounts of “hash power”. You can invest starting from $100 and get daily returns of up to 3%. You can choose any one of them or purchase multiple different contracts or multiple contracts of the same contract depending on your needs.
①[BTC free computing power]
Project amount: $10
Daily income: 5% [$0.5]
Cycle time: 1 day
Fixed reward: $10+$0.5

②[BTC newbies experience computing power]
Project Amount:$100
Daily income: 3% [$3]
Cycle time: 2 days
Fixed reward: $100+$6

③[BTC Classic Hashrate]
Project Amount:$500
Daily income: 1.33% [$6.65]
Cycle time: 8 days
Fixed reward: $500+$53.2

④[BTC Classic Hashrate]
Project amount:$1,000
Daily income: 1.5% [$15]
Cycle time: 15 days
Fixed reward: $1000+$225
3: Pay the amount required by the contract. Once the payment is made, you can sit back and wait for your earnings.
Additionally, CurrencyMiners offers 24-hour online service from an expert team that pays out profits daily. Ensure user funds are safe and visible. CurrencyMiners does not charge any maintenance fees except for contract fees, making it a truly low-cost, high-yield cloud mining platform.

Visit: CoinGabbar
#bitcoin #bitcoincloudmining #cryptocurrency #CoinGabbar