300 USDT BOX CODE : 🧧 BPIX53H2VW

0.50$ USDT Code 🧧 5DU3CMYB 15 gift

$BTC $ETH
Bitcoin & Ethereum Are Rare, Crypto Market Could Continue to Be Bullish

Crypto Analyst Reku Fahmi Almuttaqin said that the increasing preference of investors to hold their crypto assets (hodl) was due to factors such as the greening price and the increasing scarcity of several crypto assets, especially Bitcoin (BTC) and Ethereum (ETH). Currently, he explained, more than 93% of Bitcoin has been mined, and the amount of Ethereum, which usually always increases, is now decreasing due to Ethereum's transition to the PoS consensus system.

"The increasing scarcity value of BTC and ETH makes investors prefer to save the crypto assets they own. This phenomenon actually shows the optimism and confidence of investors, which can be important capital for the crypto market to undergo the next bullish phase," Fahmi explained through an official statement, quoted Sunday (12/11/2023).

Render Network Using Solana Blockchain
Turning to the blockchain realm, Render Network (RNDR) is reportedly preparing its latest strategic decision to migrate to the Solana (SOL) blockchain.

This migration is a major step that promises to increase scalability and speed, two critical qualities for success in the world of artificial intelligence (AI) and crypto operations.

Cryptopolitan reports, this move not only confirms RNDR's commitment to remaining at the forefront of technology, but also shows its determination to provide enhanced services to its ever-growing user base.

Solana, renowned for its unmatched efficiency and incredible transaction speeds, offers the ideal infrastructure for modern decentralized applications.

RNDR's decision to switch to Solana shows its determination to utilize the best technology available. This migration ensures RNDR's operations are scalable and resilient, strengthening its reputation as a forward-thinking innovator.

By choosing Solana, RNDR is not only enhancing its own capabilities, but also making a positive contribution to the broader Solana ecosystem. This migration is predicted to have a positive impact on Solana's growth and recognition in the blockchain space. $BTC $ETH #solana

Crypto #FTX Sam Bankman-Fried Found Guilty, Sentenced to 110 Years in Prison

Sam Bankman-Fried was found guilty of fraud and money laundering. Reported from several sources, Sam, whose full name is Samuel Benjamin Bankman-Fried, was found guilty of stealing billions of dollars from the accounts of customers of his rapidly growing FTX crypto exchange. In addition, Sam was also found guilty of defrauding lenders to FTX's sister company, Alameda Research, which stored FX customer funds in bank accounts. Furthermore, Sam was also said to have defrauded investors at FTX and laundered money.

According to US Attorney General Merrick Garland, Sam considered himself above the law. However, today's verdict proves that the law applies to everyone. "This case should send a clear message to anyone who tries to hide their crimes behind something new that they claim and no one else is smart enough to understand," said Merrick, quoted on Sunday (11/5/2023).

On the other hand, Sam's lawyers expressed their disappointment. According to attorney Mark Cohen in a statement, Sam was found not guilty. As a result, his party will continue to fight hard to fight the charges against his client. "We respect the jury's decision. However, we are very disappointed with the results," said Mark.

For information, FTX was once one of the most trusted transaction companies in the crypto world. However, on November 11, 2022, FTX was declared bankrupt after a document leak related to an odd financial transaction between FTX and another company owned by Sam. As a result, investor confidence in FTX decreased and they rushed to withdraw their investments from the cryptocurrency trading platform. This panic also caused the value of crypto to drop by trillions of dollars. This also caused around 1 million customers to lose money and FTX began to be abandoned. Since then, this platform has been closely monitored by regulators, investors, and the crypto community.

#RippleNews #XRP
XRP Catches the Attention of Americans 🌎

Recent data from Google Trends reveals that citizens in 48 out of 50 states in the US are more interested in Ripple’s cryptocurrency (XRP) than Ethereum, the second-largest cryptocurrency by market cap.

Residents of US states such as Nevada, Delaware, Montana, Louisiana, and Arizona are dominating this new wave of interest in XRP. But what is driving this newfound enthusiasm for XRP in the US?

Bitcoinist quotes Ripple’s Chief Legal Officer, Stuart Alderoty, as saying that XRP began to occupy a unique place in the hearts of Americans following Ripple’s legal victory against the United States Securities and Exchange Commission (SEC).

Since then, XRP has gained more attention from American investors, even surpassing Ethereum in popularity in most states.

One of the factors that has contributed greatly to the surge in interest in XRP is its improving regulatory status.

When Judge Analisa Torres ruled that XRP is not a security, it marked a turning point for the token. In 2020, when the SEC initiated a lawsuit against Ripple, many US crypto exchanges decided to exclude XRP. This action had a significant impact on the token’s market share in the country.

However, Judge Torres’ ruling paved the way for many exchanges to exclude XRP, allowing Americans to once again invest in the digital asset. With clear regulation on its side, XRP has regained its traction in the US market.

This development could potentially push XRP’s trading volume to new heights.

XRP’s popularity is not limited to the United States alone. The crypto has enjoyed a significant following in Asia, particularly in Japan, where it contributes significantly to the token’s trading volume.

This popularity can be attributed to the adoption by major financial institutions of Ripple’s payment service, which uses XRP to facilitate cross-border transactions.

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