đ MARKET UPDATE: Bitcoin is teasing a breakout, with the price hovering around $69K. Bulls still have work to do for a major resistance flip. #bitcoinâïž #sanor016CommUNITY
đš LATEST: The SECâs appeal in the Ripple case does NOT challenge the ruling that $XRP is not a security, says Rippleâs chief legal officer #bitcoinâïž #sanor016CommUNITY
Additionally, World said that its blockchain would feature a roster of top apps and projects, including Optimism for interoperability, Uniswap for asset swaps, Zerion for real-time APIs, and Alchemy for development, among others. #bitcoinâïž #sanor016CommUNITY
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âĄïž LATEST: Ethereum devs set to add dynamic blob fees to upcoming Pectra fork to improve L2 scaling
EIP-7742 will create a mechanism for the #Ethereum consensus layer to âdynamicallyâ set the blob gas target and max values, Galaxy Digitalâs vice president of research, Christine Kim, posted to X on Oct. 17.
Blobs are large, but temporary, chunks of data embedded in Ethereum transactions that aim to make Ethereum layer 2 transactions cheaper.
Kim said EIP-7742 should increase the currently fixed blob count â which Ethereum co-founder Vitalik Buterin stressed late last month was nearing full-capacity and could soon stall scalability. #bitcoinâïž #sanor016CommUNITY
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đ EXPLAINED: Ever wonder how some crypto trading platforms offer 0% trading fees? đ€
The answer lies in a practice called Payment for Order Flow (PFOF). PFOF is a system where crypto exchanges or brokers route your trades to specific market makers or liquidity providers in exchange for a fee.
Instead of executing your trade directly on the open market, your broker sends it to a third party that pays them for the order.
Originally from traditional finance, PFOF has found its way into the crypto world. Brokers love it because it's an extra revenue stream, but traders often don't see the immediate cost. #bitcoinâïž #sanor016CommUNITY
New Loanable Assets Available on Binance Loans (Flexible Rate) and VIP Loan - 2024-10-16 https://www.binance.com/en/support/announcement/9601dab5df684fc0bbd4948471c9c9cd #bitcoinâïž #sanor016CommUNITY