#RadiantCapital Reports Exploit of $4.5 Million Ethereum Los

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🔥🔥🔥 #bitcoin Economist Reveals Year-End Forecast for $BTC Price Economist Timothy Peterson recently analyzed Bitcoin's difficulty growth rate and suggested that BTC's price could potentially reach $100,000 by the end of the year. Bitcoin's difficulty rating measures the challenge of mining a new block on the #Blockchain . This rating adjusts every two weeks to maintain a consistent block addition rate of approximately every 10 minutes. The difficulty increases with more miners and computing power and decreases when miners leave the network. Bitcoin's decentralized system and automatic, transparent difficulty adjustments prevent any entity from manipulating the difficulty rating. Peterson asserts that there is a strong correlation between Bitcoin's difficulty and its price. As mining difficulty increases, the energy cost per mined Bitcoin also rises, prompting miners to balance their electricity and hardware expenses against potential rewards. When Bitcoin prices are high, these costs become manageable, making mining profitable despite increased difficulty. Conversely, a drop in Bitcoin's price can force some miners to exit the network, leading to a decrease in computational power and difficulty. Peterson highlights a feedback loop between Bitcoin's price and difficulty. Higher prices attract more miners, increasing difficulty, which in turn can support higher prices. Increased difficulty and the associated costs drive miners to become more efficient, further supporting higher prices as the network strengthens. This creates a market equilibrium where energy costs are balanced by Bitcoin's price. Given these dynamics and current trends, Peterson predicts a reasonable year-end price range for Bitcoin between $60,000 & $90,000. A high difficulty level indicates robust network security, which supports higher prices, while energy costs provide a price floor. However, factors like increased adoption and positive market sentiment could potentially push the price even higher, towards $100,000. *This is not investment advice. Source - en.bitcoinsistemi.com

💥💥💥 How $100 Weekly Investments in #shibaInu Reached $641 Million Shiba Inu, introduced in August 2020, has become a prominent #cryptocurrency investment, captivating both new and seasoned investors. Its rapid rise in just over a year highlights the volatility of the crypto market. Investors who recognized its potential early on have seen significant returns, showcasing the benefits of consistent investing. Investing $100 weekly from August 2020 to the present would have turned into $641.78 million, boasting a growth rate of approximately 3,241,253%. Alternatively, investing until its all-time high in October 2021 would have yielded $1.239 billion, with a growth rate of 19,064,676%. Currently, Shiba Inu is experiencing a resurgence, with an 8.43% price increase in the last 24 hours, reclaiming the $0.00025 price level. Trading at $0.00002577, it has surpassed the 50-day exponential moving average. While there was a minor setback of 7.36% over the past week, the monthly increase stands at an impressive 3.85%. Additionally, the 24-hour trading volume surged by 38.05% to $891,844,698. Despite recent fluctuations, analysts predict a significant rebound for Shiba Inu. William, a renowned Bitcoin expert, forecasts a surge in SHIB's value to $0.05, reflecting an extraordinary increase of 193,774%. Source - thecryptobasic.com #CryptoTrends2024 #BinanceSquareTalks #cryptocurrency

🔥🔥🔥 Analyst Predicts Next $XRP 41% Surge Could Lead to “Legendary” Upside An analyst has highlighted XRP's potential for a significant price increase amid its struggles around the $0.50 level. Despite underperformance, XRP has drawn attention due to ambitious price forecasts. Market observers suggest that XRP might mimic its 2017 pattern before a major surge. Potential 41% Price Increase - EGRAG, a chartist, predicts a 41% rise for XRP, potentially paving the way for a larger rally and crucial breakout. This forecast is based on historical data from 2017 when XRP saw a 41% increase before surging to an all-time high of $3.30 by January 2018. EGRAG's analysis indicates XRP is currently trading within a symmetrical triangle similar to that in 2017, suggesting a possible uptrend following the initial increase. XRP Could Target $27 - EGRAG's analysis suggests XRP could achieve a $27 price target, aligning with the Fibonacci 1.618 level. The path involves breaching three key Fibonacci resistance levels: Fib. 1 ($3.31), Fib. 1.236 ($7.36), and Fib. 1.414 ($13.50). He advises a Dollar-Sell-Average strategy, allowing investors to systematically sell portions of their holdings as prices rise, due to the unpredictable nature of price movements. Near-Term Momentum and Bullish Signals - EGRAG also highlighted XRP's near-term momentum, pointing to a significant bullish signal from the previous month—a 75% Inverted Hammer formation often indicating an impending upward trend. He predicts XRP's price could reach $0.75 in the near term and suggests that July 2024 might be a pivotal month for substantial price movements. Currently, XRP is trading at $0.4961, struggling to maintain support at $0.50. In summary, XRP shows potential for significant gains based on historical patterns and current analysis, with both short-term and long-term bullish signals suggesting possible price increases. Source - thecryptobasic.com #cryptocurrency #CryptoTrends2024 #BinanceSquareTalks #XRPPredictions

💥💥💥 #Layer2 #zkSync Token #Airdrop‬ May Be Launched Tomorrow Key Points: - zkSync announced a pre-game event starting tomorrow, sparking rumors of a token airdrop. - The zkSync token airdrop, expected this month, faces a ticker controversy with Polyhedra Network. - zkSync released the v24 upgrade, improving security and functionality for its Ethereum Layer 2 solution. Anticipated zkSync Token Airdrop - The #Ethereum Layer 2 network, zkSync, has unveiled a pre-game event beginning tomorrow, fueling speculation about a forthcoming token airdrop. Announced on platform X, zkSync encouraged users to enable notifications and follow the community account ZK Nation, dedicated to the protocol’s development and protection. Although specific details about the event are yet to be disclosed, the community is eagerly awaiting more information. Airdrop Expectations and Ticker Controversy - The community is buzzing with anticipation for the zkSync token airdrop, expected to be officially announced this month, with a total supply of 21 billion tokens. However, the choice of ticker symbol for the token has stirred some controversy. zkSync plans to use the ticker ‘ZK,’ which has already been claimed by Polyhedra Network. Despite this, zkSync may still proceed with the ZK ticker, noting that Binance has yet to list Polyhedra’s token. - Prominent figures in the ZK proof ecosystem, including Shafi Goldwasser, Silvio Micali, Sandeep Nailwal, Brendan Farmer, and Eli Ben-Sasson, have collectively criticized zkSync’s attempt to use the ZK ticker. After extensive discussions, Matter Labs, the company behind zkSync, has decided to withdraw all trademark applications for the term ‘ZK.’ v24 Upgrade Enhancements - In addition to the upcoming event, zkSync recently completed the v24 upgrade of its zkSync Era software on the mainnet. This latest release introduces several enhancements aimed at boosting security and functionality for the Ethereum Layer 2 scaling solution. Source - coincu.com #BinanceSquareTalks

🔥🔥🔥 #cardano prepares for Voltaire era with Node 9.0 launch Cardano's founder, Charles Hoskinson, has announced that the release of Cardano Node 9.0 is anticipated for June, setting the stage for the Chang hard fork and ushering in the Voltaire Age. In a recent post on X, Hoskinson stated, "It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire." The Chang hard fork represents a major milestone for Cardano, transitioning the blockchain into a new era of decentralized governance. Hoskinson expressed his vision for Cardano's future: "Cardano will be a decentralized civilization spanning the entire world with millions of residents. We’ll have the most advanced #Blockchain governance system, annual budgets, a treasury, and the wisdom of our entire community to guide us." The Voltaire Age will introduce a governance system that empowers the community to engage in decision-making processes. Initially, governance features will be implemented as per CIP 1694, laying the groundwork for #Decentralized voting. The subsequent phase will enhance these features, allowing for proxy participation and treasury withdrawals, thus enabling the community to propose and fund projects within the Cardano ecosystem. Ahead of the Chang hard fork, Cardano released node version 8.9.2, addressing a critical issue in the peer-sharing networking feature, thereby bolstering the platform’s peer-to-peer networking capabilities. Cardano's native token, ADA, stands to gain from this significant upgrade. At the time of writing, ADA is trading at $0.441 and ranks among the top ten crypto assets by market capitalization, according to CoinGecko’s data. Source - cryptobriefing.com #CryptoTrends2024 #BinanceSquareTalks

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