The recent attacks by Iran on Israel have contributed to the decline in prices in the crypto market. People who invested in futures were liquidated, and some may have suffered significant losses. Meanwhile, those who waited for the dip had the opportunity to buy coins, which could prove beneficial in the much-anticipated bull run that will lead many into a world of wealth. #btc70k $BTC #WeAreAllSatoshi #Write2Earn!
The much awaited listing of $HMSTR đ€Ź will put tears or smile in the face of millions!
I still cannot process the fact that they made us watch videos, farm keys, play games, increase our PPH and during the time of distribution they played with our feelings.
#HamsterKombat Season 2 is here, and I've noticed a lot of people feeling disappointed or angry because of cheating or other issues. I don't know much about how everything works, but let's keep Season 2 clean to avoid all this negativity around the game
Singapore TOKEN2049 Turns Into a Vitalik Buterin Concert
Ethereum creator Vitalik Buterin, known for his reserved and awkward nature, unexpectedly gave his speech at Singapore 2049 in the form of a concert, where he sang about the latest updates and his vision for the ecosystem.
But as fun as it was, Vitalik actually dropped some vital information. He focused on the impact of Ethereumâs Layer-2 networks, specifically Optimism and Arbitrum, while crypto enthusiasts sat captivated.Â
âFees are lower, transaction speed is fasterâ
Vitalik emphasized that transaction fees, once a major barrier to adoption, are now essentially zero on Layer-2 networks, down from $10 to $0.50 per transaction. He pointed out that Ethereumâs gas fees had once reached as high as $200 during network congestion, a problem that Layer-2 solutions are now fixing.Â
These networks have made Ethereum more scalable and affordable. Vitalik even recalled paying over $800 in gas fees for a single privacy-preserving transaction in the past. This, of course, is no longer a reality with the advancements of these Layer-2 networks.Â
Beyond just lower fees, Ethereumâs transaction confirmation times have improved significantly after transitioning to a proof-of-stake network in September 2022, after the Merge. Vitalik explained how the waiting time for transaction confirmations has been cut in half, with transactions now being confirmed in as little as 5 to 15 seconds.
âWe need to satisfy the needs of mainstream adoption and hold on to open-source and decentralization values,â Vitalik said.
He urged the crypto community to remain practical without sacrificing the industryâs core principles.
Ethereumâs struggle continues
Vitalik also touched on the ongoing competition between Ethereum and Bitcoin, with Bitcoinâs dominance currently at 58%.
While Bitcoin remains relatively stable, Ethereum has stayed under $2,500 for months. Ether has seen net negative outflows of $581 million since launch. Data shows that Grayscale accounted for $2.7 billion of those outflows.Â
Then there is also the matter of the dip in Ethereumâs decentralized application (DApp) activity, which is now at a -19% weekly. Meanwhile, competing blockchains like Solana and BNB Chain saw increases by 24% and 23%, respectively.
ETHâs price also hit a key technical level, struggling to push past the 20-day EMA at $2,397 on September 17.Â
Bulls tried but failed to break through. If the current support level gives way, Ether could tumble further, possibly hitting $2,111 or even $2,000.Â
But if bulls can push the price above the 50-day SMA at $2,553, Ether could rally up to $2,850, and eventually, possibly $3,000.
The dodo is an extinct flightless bird that was endemic to the island of Mauritius, which is east of Madagascar in the Indian Ocean. The dodo's closest relative was the also-extinct and flightless Rodrigues solitaire.
BTC is surely the grandpa of crypto....it is still carrying the burden of all these new coins... I seriously don't understand how it can affect the price of each coin.
Can these alt coins or blah blah blah ones be independent...đĄ
Since the $BTC halving I've been waiting for the so-called BULLRUN.
A year back i didn't even know how it works and the promises which i got by reading from the articles, the crypto gurus and obviously the SCAMMERS really got me excited to join this crypto industry.
I've been involved in crypto for about a year now. Initially, I was hoping to make quick money to improve my life, but I ended up frustrated with the government's regulatory policies.