Iris: The Unseen Gem Ready to Shine
In the bustling crypto market, where projects rise and fall like tides, there often lies a hidden gem waiting to be discovered. Today, we're shining a spotlight on Iris, a project that's quietly amassing a loyal following and gearing up for a monumental bull run.
Iris is more than just a token; it's a comprehensive ecosystem designed to revolutionize the way we interact with decentralized applications (dApps). With its user-friendly interface and robust security measures, Iris is breaking down the barriers that often deter newcomers from entering the crypto space.
One of the most compelling aspects of Iris is its commitment to interoperability. Unlike many other blockchains that operate in isolation, Iris seamlessly connects with both public and private networks. This means that developers can build dApps that leverage the best of both worlds, creating a more interconnected and innovative ecosystem.
But it's not just about technology; Iris is also building a strong community of passionate supporters. The Iris community is actively engaged, sharing knowledge, and providing feedback to help the project grow. This sense of camaraderie is essential for the long-term success of any crypto project.
So, are you ready to join the Iris revolution? As the market continues to heat up, Iris is poised to make a significant impact. Don't miss out on this opportunity to be part of something truly special. Take a look at our bio @EliteDailySignals for more crypto insights.
#IRIS #IRISUSDT #IRIS/USDT #IRIS #TrendingTopic $IRIS @irisnetwork @EliteDaily
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OpenSea Challenges SEC's Move to Regulate NFTs as Securities đš
#OpenSea has received a Wells notice from the SEC, indicating a potential lawsuit as the SEC considers NFTs on their platform to be securities.
OpenSea is surprised by this move and is prepared to fight back, as this action could have far-reaching consequences for creators and artists. The SEC's regulation by #enforcement approach, which has previously targeted cryptocurrencies, now threatens the innovation and livelihoods of many in the NFT space.
OpenSea emphasizes that #NFTs are creative goods and should not be regulated like financial instruments. The platform has pledged $5 million to help NFT creators and developers with legal fees, ensuring they can continue to innovate without fear. OpenSea hopes the SEC will reconsider its stance but is committed to defending the industry.
If you enjoy my content, feel free to tip me â€ïž
#Binance
#crypto2024
Binance to Delist MATIC, AVAX and VOXEL Pairs
MATIC, AVAX and VOXEL pairs to face exile on
Binance recently announced its decision to remove Polygon (MATIC), Avalanche (AVAX) and Voxies (VOXEL) trading pairs from its platform. Effective July 26, will delist AVAX/TUSD, MATIC/TUSD and VOXEL/BTC trading pairs, as part of its periodic review to maintain a high-quality trading market.
Note to Binance users
Once the pairs are removed from Binance, users will be unable to trade them directly on the exchange. Therefore, start planning to take necessary actions if you hold any of the aforementioned token pairs
However, note that the availability of the tokens on Spot is unaffected, and users can trade them on other available pairs within the exchange. As a precautionary measure, Binance urged users to cancel any spot trading bot services connected to these pairs by July 26.
The recent announcement comes shortly after Binance unveiled the delisting of BarnBridge (BOND),(DOCK), (MDX) and (POLS) trading pairs. The exchange cited factors such as poor liquidity, network security and trading volumes as reasons for periodically delisting digital assets. Fundamentally, these factors affect the overall health of various digital assets and projects in the ecosystem.
Thus, Binance aims to uphold strict standards for cryptocurrencies listed on its platform, while giving users the best services and protection.
Impact of delisting on investors
Some investors on Binance exchange have experienced slight losses in their investments in MATIC, AVAX and VOXEL
This is a result of the declining prices of the tokens following the delisting announcement. For instance, AVAX, the native token of Avalanche blockchain, declined by 1.2% in the past day to trade at $30.15. Similarly, MATIC, Polygonâs digital asset, is currently trading at $0.5367, after a 24-hour price drop of 2.22%.
, VOXEL experienced a 24-hour decline of 8.3%, setting its price at $0.1508. The drop in prices demonstrates tradersâ
#MATICUPDATE
#Avaxđ„đ„
#voxel/usdt
#BTCâ #CryptoMarketMoves
đš Big Moves for Wrapped Luna Classic (WLUNC) and LUNC!
đ WLUNC and LUNC are now syncing price movements. The Shuttle bridge is open, and weâre in the final days for withdrawals of LUNC from other networks. After this, 270 billion LUNC and 177 million USTC are likely to be burnedđ„.
đ„Additional Burns:
- TFL's LUNC and USTC holdings will also be burned.
- The fate of the LUNA Foundationâs funds is soon to be decidedâif these get burned, expect a major impact, especially for $USTC
đ LUNC's Rise:
- Ranked 115 globally and climbing towards the top 100.
- In the last 24 hours, $22.6 million traded with a $483 million market cap.
- Binance's next burn is just 4 days away!đđ
đ The LUNC community is readyâAre you?
đ Invest responsibly, DYOR (Do Your Own Research)!
#LUNC. #WLUNC #USTC #cryptocurrency #LUNA #Binance #CryptoBurn #MoonBound
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đ **Breaking News: Stabila Foundation Boosts Stablecoin Adoption on Celo!** đ
The Stabila Foundation has launched a new initiative to drive stablecoin adoption within the Celo ecosystem, aiming to enhance real-world use cases, especially in emerging markets like Africa, Latin America, and Southeast Asia.
Key Points:
- Backed by Celo community, Allbridge Core, Angle Labs, and Wormhole Foundation.
- Focus on incentives for stablecoin liquidity pools, educational campaigns, and project support.
- Targeting increased transaction volumes and user growth.
Join the conversation! What do you think about stablecoins' future in emerging markets? đŹđ
**TON Network Faces Six-Hour Outage Due to DOGS Memecoin Frenzy! đ¶**
The crypto world was buzzing as The Open Network (TON) experienced a six-hour halt, thanks to the overwhelming activity from the new DOGS memecoin. Validators lost consensus due to the surge in transactions, causing a significant disruption.
**What Happened?**
The launch of DOGS, inspired by Telegram's CEO Pavel Durov, led to an avalanche of transactions, overwhelming TON's network. Validators couldn't keep up, causing a temporary outage.
**Market Reaction**
Toncoin's price dipped during the outage, but the network has since resumed operations, showing resilience.
What are your thoughts on this? Share in the comments! đŹ
đLONG: $ETH (1D)
Analysis:
ETH just broke below its 200-day moving average, bouncing off the support at $2,100 and getting rejected at the $2,800 resistance. The MACD Histogram shows fading momentum. The launch of nine ETH Spot ETFs could stabilize prices.
Price Targets:
Look to buy at the $2,100 support level. If momentum picks up, the next targets can be $2,400 and potentially towards $2,800 again.
$ETH #DYOR
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Based on the chart for BIGTIMEUSDT:
### Analysis of BIGTIMEUSDT
1. **Current Trend**:
- The price is currently at **$0.0735**, showing a decrease of **6.84%**.
- The chart indicates a significant downtrend from a peak of **$0.0950** to a low of **$0.0711**.
2. **Moving Averages**:
- **EMA(7):** $0.0740
- **EMA(25):** $0.0751
- **EMA(99):** $0.0808
- The price is below all major EMAs, further confirming a bearish trend.
3. **Volume**:
- There was a noticeable spike in trading volume during the recent drop, suggesting strong selling pressure.
4. **Indicators**:
- **MACD:** Showing a bearish crossover with a very slight positive value, indicating the downtrend might persist.
- **RSI:** At **44.6007**, which is neutral, with no clear overbought or oversold condition.
- **Stochastic RSI:** At **79.4520**, near the overbought region, indicating that a further decline might be on the horizon.
### Predicted Price Movement
- The downtrend seems likely to continue, with possible support around the **$0.0710** level. If this level is broken, the price could move towards the **$0.0700** range.
- On the upside, the price would need to break above the **$0.0750** level to test higher resistance levels around **$0.0775 - $0.0800**.
This analysis should be used as a guide along with other fundamental factors and your own risk management strategies.
#DOGSONBINANCE Hereâs what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
A South Korean crypto entrepreneur, accused of stealing $826 million from crypto investors, was stabbed in the neck by an alleged victim during a court hearing. The Telegram Open Network has been pushed offline, with a new memecoin blamed for the outage. Meanwhile, Ethereum co-founder Vitalik Buterin disclosed the Ethereum Foundationâs 2023 expenditures.
South Korean crypto CEO stabbed in court during Haru Invest fraud trial
Hugo Hyungsoo Lee, the CEO of Haru Invest, a South Korean crypto-earning company, was stabbed in the neck multiple times during a court proceeding in Seoul.
Lee and two other executives of Haru Invest were accused of stealing $826 million in cryptocurrency from around 16,000 users, according to the local media outlet Digital Asset.Â
During a related hearing, Lee was attacked in the courtroom by one of the victims of Haru Invest, who was identified as a man in his 40s by local media outlet Digital Asset.
The investor-turned-attacker suddenly sprang up from the guest seat and stabbed Lee in the neck with a small knife, who was then immediately rushed to the hospital.
TON outage halts new block production for hours
The Telegram Open Network (TON)Â stopped validating new transactions and had not made a new block in more than six hours starting late on Aug. 27.
In an Aug. 28 post to X, the TON community platform Tonk Inu alerted that the network was down, pinning the blame on a frenzy of market hype over the Aug. 27 launched memecoin, DOGS.
At the time of writing, over six hours had elapsed since the last transaction on TON was sent on Aug. 27 at 10:11 pm UTC, according to TON network tracker Tonscan.
The networkâs native token, ToncoinÂ
TON
$5.45
, has sunk 1.5% in the last 24 hours to $5.30.
Vitalik Buterin breaks down Ethereum Foundation expenditures
Based on the chart for WIFUSDT:
### Analysis of WIFUSDT
1. **Current Trend**:
- The price is currently at **$1.5931**, showing a decrease of **5.01%**.
- The chart shows a recent downtrend from a peak of **$2.0358** to a low of **$1.5189**.
2. **Moving Averages**:
- **EMA(7):** $1.5994
- **EMA(25):** $1.6286
- **EMA(99):** $1.7269
- The price is below all major EMAs, indicating a bearish trend.
3. **Volume**:
- Trading volume appears to be stable with no significant spikes, suggesting a lack of strong buying or selling pressure.
4. **Indicators**:
- **MACD:** Showing a slight bullish crossover, but still in the negative zone, suggesting a potential but weak recovery.
- **RSI:** At **46.9459**, which is neutral, indicating no immediate overbought or oversold conditions.
- **Stochastic RSI:** At **76.5870**, approaching the overbought territory, indicating a potential pullback.
### Predicted Price Movement
- Given the bearish trend and the current indicators, the price may continue to face resistance around the **$1.60** level. However, if the price breaks below the recent low of **$1.5189**, it may test lower support levels around **$1.50**.
- On the upside, if it manages to break above **$1.62**, it could target the **$1.65 - $1.70** range.
Please note that this is a technical analysis and should be used in conjunction with other factors and your own judgment.
$DOGS Token Analysis: Navigating Volatility and Potential
[Visit profile and Caste your vote](https://app.binance.com/uni-qr/cpro/Selena_Lilly?l=en&r=158398837&uc=app_square_share_link&us=copylink) đł
â
ïžShort-Term Outlook (Days to Weeks)*
$DOGS is expected to experience high volatility as it establishes its market value. Price fluctuations between $0.015 and $0.025 are likely due to early trader reactions and launch enthusiasm. A surge to $0.06-$0.08 is possible with strong trading volume, fueled by initial interest and the ongoing airdrop.
â
ïžMid-Term Analysis (Weeks to Months)*
After initial volatility, $DOGS may stabilize, with a potential price range of $0.02 to $0.05, depending on market conditions and community engagement. Sustained hype could drive prices higher, while negative sentiment or broader market downturns could lead to a decline.
â
ïž Long-Term Perspective (Months to Years)
$DOGS' success hinges on broader adoption and ongoing community support within the Telegram ecosystem. If it continues to grow and attract users, prices could rise significantly over time. However, as a new token, high volatility and speculation are expected. The token's performance in the coming days will be crucial in determining its longer-term trajectory.
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#TON #DOGSONBINANCE #TelegramCEO #BecomeCreator #CARVingTheFutureOfData
đš **Crypto News Flash!** đš
Telegram CEO Pavel Durov, a Franco-Russian billionaire, was released from police custody but now faces multiple charges in a Paris courthouse, including terrorism and child abuse content. Durov was arrested at Le Bourget airport near Paris, accused of failing to moderate criminal content on his encrypted messaging platform.
đ **Key Points:**
- Durov's platform, Telegram, is accused of complicity in illegal activities like child sexual abuse material, drug trafficking, and fraud.
- The arrest led to a 20% plunge in Toncoin (TON), linked to Telegram, now at $5.3 with a market cap of $13.6 billion.
- The crypto community shows strong support for Durov amid these allegations.
đŹ **Join the Discussion:**
What do you think about the impact of regulatory actions on crypto platforms? Share your thoughts below! đ
#CryptoNews #Telegram #Toncoin #Blockchain