#write2earn #Binance will List #axelarNetwork token $AXL f

Explore More From Creator

#Write2earn JIRITSU INTEGRATES WITH BLACKROCK TO REVOLUTIONIZE REAL-WORLD ASSET TRANSPARENCY #RWA #Jiritsu #blackrock #REALWORLDASSET Jiritsu, a cutting-edge layer one blockchain with a native ZKMPC oracle, is integrating with BlackRock to enhance transparency and verification of real-world assets (RWA). This partnership sets a new industry standard by extending proof of reserves to include precise RWA values. Key Integrations: BlackRock BUIDL Tokens: Jiritsu provides a comprehensive solution for assets backed by BlackRock BUIDL tokens, including reserve verification, valuations, and seamless tokenization integration. Unlike many yielding stablecoins that rely on self-reporting, Jiritsu offers on-demand verification. Bitcoin in BlackRock’s ETF: Jiritsu brings verified Bitcoin amounts in BlackRock’s ETF on-chain, allowing DeFi solutions to leverage this data for synthetic assets, options, and market insights. Leadership Insights: Jacob Guedalia, CEO of Jiritsu: "Our integration with BlackRock's RWA ecosystem empowers the future of finance, setting new benchmarks for transparency and trust in the tokenized financial ecosystem."Michael Lustig, Jiritsu Board Manager: "BlackRock's leadership in tokenized assets, combined with Jiritsu's transparency solutions, enhances DeFi and brings much-needed clarity to RWAs." Future Prospects: This integration not only improves RWA verification and tokenization but also opens new avenues for DeFi protocols, providing accurate, real-time data on verified reserves. Jiritsu's solutions ensure secure, reliable, and innovative financial offerings.

#Write2earn Bitcoin Surges Above $70K: Stability and Positive Macroeconomic Trends Fueling Growth #Bitcoin #BitcoiinAnalysis #bitcoin☀️ $BTC Bitcoin (BTC) has surged past $70,000, nearing its March record highs. Unlike previous rallies, this breakout is marked by stability and favorable macroeconomic conditions. Here’s what’s driving the trend: Less Speculative Activity This rally lacks the speculative frenzy seen in past surges. Data from CoinMarketCap and Velo Data show lower perpetual futures leverage and moderate funding rates, suggesting a more sustainable rise. The annualized three-month futures basis for bitcoin on major exchanges is between 10% and 13%, down from over 25% in March. Greg Magadini, Director of Derivatives at Amberdata, notes the stability and lower speculative activity compared to earlier this year. Positive Macroeconomic Environment The macroeconomic backdrop is more supportive of risk assets. Major banks like JPMorgan and Citigroup expect the U.S. Federal Reserve to cut rates soon, signaling renewed liquidity easing. The European Central Bank and the Bank of Canada have already initiated cuts. Additionally, a 13% drop in oil prices to $75.50 per barrel suggests disinflation, reducing government bond yields and encouraging risk-taking. Lower oil prices typically lower inflation expectations and yields, potentially boosting bitcoin. Conclusion Bitcoin’s rise above $70,000 is driven by reduced speculative activity and supportive macroeconomic conditions, paving the way for a potentially sustained rally.

#Write2earn Bitcoin's Bull Flag Breakout: Real Rally or Another Fakeout? #Bitcoin #BitcoinAnalysis #BitcoinPrice #bitcoin☀️ $BTC Bitcoin has broken out of its bull flag pattern as of Wednesday, but the price of $BTC hasn't skyrocketed just yet. Is this a brief consolidation before a significant upward move, or could it be another fakeout? Not Cut and Dried Yet The start of this week has been promising for Bitcoin, with the price rising over 5%. This surge pushed BTC through the top of its long-standing bull flag on its fourth attempt, where it has stayed above as of Thursday. However, it's not a done deal. For a more reliable upward trend, we need to see a daily close above the bull flag's top, ideally followed by two or three more daily closes. Furthermore, Bitcoin needs to convert the resistance at $71,300 into support before it can challenge the all-time high at $73,700. A Tug of War for the Rest of the Week? It seems likely that Bitcoin could succeed this time. Although the stochastic RSI indicator on shorter time frames shows momentum moving downward, significant buying pressure from Spot Bitcoin ETFs is counteracting this. If this tug of war continues through the week, it may allow the 4-hour and 8-hour RSIs to reset. Retest of Support? In the short term, Bitcoin's price might dip back into the bull flag, potentially bringing it down to the $69,000 support level, which aligns with the upward trend line. Even if BTC retests this support, strong buying from Spot Bitcoin ETFs is expected to continue. Once the price is confirmed above the bull flag and resistance, we could see the next bull market surge.

#Write2earn Cosmos Hub Blockchain Faces Four-Hour Outage Due to Upgrade Bug #cosmos #BlockchainUpdates #ATOM $OSMO $ATOM #osmo On June 5, the Cosmos Hub blockchain experienced a four-hour outage due to a bug during the v17 upgrade, highlighting both challenges and resilience within the blockchain community. Cause and Resolution The issue was traced to a security flaw in the Liquid Staking Module (LSM). Developers quickly addressed the bug, but block production halted until a majority of validators applied the patch. The Cosmos team stated: “Fixes have been issued for the bug. We’re currently at 55% validator implementation. Remaining validators should apply the patch.” Network Recovery Block production resumed around 12:30 A.M. GMT. A detailed post-mortem report is planned to provide further insights. Ethan Buchman, Cosmos co-founder, acknowledged: “Bugs and downtimes happen. What’s important is having dedicated developers and validators to resolve issues.” Cosmos Hub’s Vision Cosmos Hub aims to create an interconnected blockchain network using a proof-of-stake mechanism, allowing participants to stake ATOM coins and earn rewards. Despite the outage, ATOM remained stable at $8.65, showing a slight increase of 0.67%. v17 Upgrade The v17 upgrade, a significant update, was supported by over 136 million ATOM tokens (99.8% of votes). This update introduces "partial set security," allowing new consumer chains to customize validator participation. Ethan Buchman described it as “the biggest upgrade in at least a year” with the introduction of ICS2.0.

#Write2earn Institutional Investors Surge Meme Coin Holdings to $300 Million in April #memecoin #SolanaMemecoins #ethereumMemecoins $DOGE $PEPE $SHIB Institutional investors on the crypto exchange Bybit have significantly increased their investments in meme coins, with allocations soaring to nearly $300 million in April from $63 million at the beginning of the year. Surge in Meme Coin Investments According to Bybit's recent report, institutional allocations to meme coins have jumped over 300% this year, peaking at almost $300 million in April. This surge indicates a newfound interest in the sector among professional investors. Popular meme coins like dogecoin (DOGE) and shiba inu (SHIB) have been the top picks, primarily due to their high liquidity in the spot market. The report exclusively tracks holdings on Bybit, excluding other exchanges. Shift in Investment Patterns During this period, stablecoin holdings decreased from $1.7 billion to $1.4 billion, while investments in bitcoin (BTC), ether (ETH), and meme coins increased. As of May 1, DOGE held the largest share of meme coin holdings for both retail and institutional investors. Institutions allocated a larger proportion of their funds to DOGE, with 36% compared to retail investors' 24.5%. Institutional Preference for DOGE "This suggests that while both groups view DOGE as a staple asset within the meme coin space, institutions favor it more, possibly due to its higher liquidity and relative stability," Bybit noted. Both retail and institutional investors also hold Ethereum-based meme coins like PEPE and SHIB. Retail investors' allocations are 20.95% and 14.61% respectively, compared to institutions' 22.23% and 10.39%. Growth of Meme Tokens in Blockchain Ecosystems In recent months, meme tokens from the Ethereum and Solana ecosystems have gained prominence as a means to bet on the growth of blockchain technology. This trend reflects a broader interest in the potential of these digital assets to drive innovation and growth within the crypto space.

Latest News

Ethereum's Potential Downfall Could Stem From Leadership Contradictions, Warns Wintermute CEO

XRP Bulls Anticipate Long-Due Price Rebound Despite Stagnant Growth

Ripple Initiates Large-Scale Transfer Of 150 Million XRP To Unknown Destination

Bitcoin(BTC) Drops Below 71,000 USDT with a Narrowed 0.43% Decrease in 24 Hours

Shiba Inu's Volatility Drops, Potentially Signaling Major Market Moves

Explore More From Creator

Latest News

Trending Articles