💥💥 Binance Expands Altcoin Support—Are You Ready?
Big moves from Binance! On October 16, #Binance announced new support for #EigenLayer ($EIGEN ), adding it to their VIP and flexible-rate loan assets. Despite this, $EIGEN saw a 6% drop, likely due to the unlocking of 11.22M tokens. Speculation about a potential rebound is strong.
But that's not all! Binance will support the rebranding of $KLAY to Kaia (KAIA). New trading pairs and bots are coming soon for BNSOL/USDT, while KLAY trading pairs will be replaced by KAIA/USDT on October 31.
Are you watching these moves closely? 👀
#EIGENonBinance #BNSOL #BinanceTrendingTokens
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📅 This Thursday, October 17, at 11 AM ET / 5 PM CEST, join the Quarterly Livepeer Orchestrator Call on Livepeer's Discord.
We'll dive into all things transcoding & AI, including upcoming network updates, best practices to run Livepeer AI, governance, and more.
Don’t miss it!
While the first phase of staking is already live on Starknet Sepolia, it’s important to emphasize that this is just the beginning of a broader plan to transform Starknet into a fully decentralized PoS network.
Here’s how we envision this transition:
💠 Phase 1: Introduction of staking with a permissionless staking protocol and stake delegation. Validators are expected to run a full node in preparation for the next phases.
💠 Phase 2: Validators will begin attesting to blocks, i.e., signing blocks when their turn is randomly selected.
💠 Phase 3: Validators will validate and vote on blocks sequenced by the sequencer, and their consensus will be proved to L1.
💠 Phase 4: Validators will be fully responsible for maintaining and securing the network by producing, attesting, and proving blocks.
We’ve chosen a gradual implementation for several reasons. This phased approach allows us to carefully roll out staking and make adjustments over time to meet the evolving needs of the community. The first phase in particular will provide valuable insights, enabling us to test, learn, and adapt based on community activity, feedback, and usage patterns. Additionally, this gradual rollout ensures a smooth experience for stakers, giving them time to prepare for their new responsibilities.
Please note that this is not a rigid or static plan; it may evolve based on what we observe along the way.
🚀 Big News in Crypto! 🚀
Ola's open-source hybrid ZK-Rollup platform just announced a 3% token distribution for participants of Massive Season 3! 🎉
- **Massive Growth**: Since its launch on April 1, Ola's Massive app has seen over 235,000 verifiers join, enhancing the network and reducing ZKP verification times.
- **Token Eligibility**: Check your Massive Points and token eligibility for all seasons using their new eligibility checker.
- **Future Plans**: Ola is gearing up for a Token Generation Event (TGE) and aims to offer VIP node mining, staking rewards, and multi-stream earning opportunities.
What do you think about Ola's latest move? Share your thoughts in the comments! 💬
GM - Join us in welcoming @mitchem, @tascha_panpan, @joshbrandley, @moisesja, @AlexSlobodnik, & @provenauthority as Speakers at frENSday 2024! 🎤
• Devan Mitchem (😶🌫️😶🌫️😶🌫️.eth), Global Product & Partnerships, Google Web3.
• Tascha P, Founder & CEO, INFINIT.
• Josh Brandley (https://t.co/8K5TF1LgvN), President & Founder, Intercap / Box Domains.
• Moises Jaramillo (moisesj.eth), Principal Engineer, Dentity.
• Slobo.eth, Founder, Namestone & Ecosystem Working Group Lead Steward, ENS DAO.
• Evin.eth, Founder, https://t.co/O0Juhmp6Ub.
These six bring invaluable perspectives and expertise to the #frENSday stage. We’re thrilled to have them contribute to the conversation and elevate the event! 🔥
📆Nov. 11th, 2024 (The day before Devcon)
📍Bangkok, Thailand
🎟️
Kava Price Action: Key Levels to Watch
$KAVA
{future}(KAVAUSDT)
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Moving Average (MA) and VWAP:
200-period MA: Positioned at approximately $0.3506, indicating that the price is currently hovering slightly above the long-term average. This may suggest early signs of a shift towards a bullish sentiment.VWAP: Around $0.3713, aligning closely with the current price. If the price remains above this level, it could act as short-term support.
Relative Strength Index (RSI):
Current RSI: The RSI is at 61.56, indicating a slightly bullish momentum. A move further above 60 could reinforce the bullish case, while a drop below 50 may signal a reversal.
Moving Average Convergence Divergence (MACD):
MACD Levels: The MACD and signal line are at 0.0083 and 0.0074, respectively, with the histogram showing a slight bullish trend. Traders should monitor for any potential crossover that could confirm a clearer trend direction.
Cluster Analysis and Support/Resistance Levels:
Support: Noted around $0.35 - $0.36, which may provide a cushion against further downside.Resistance: Located around $0.38 - $0.39, potentially challenging further upward movement unless the price breaks through with significant buying interest.
Bullish Scenario:
A break above $0.39 with increased buying volume may propel the price towards the next resistance zone around $0.42.Consistent trading above the 200-period MA could support a sustained bullish outlook.
Bearish Scenario:
A decline below $0.35 may open the door for further losses, potentially targeting the $0.33 level.Failure to maintain above VWAP may indicate increasing selling pressure.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.
X Empire Price Forecast: What to Anticipate for $X Listing 🎯
X Empire ($X) is set for its official airdrop listing on October 24, 2024, with a total supply of 690 billion tokens. Of this, 70% (483 billion $X tokens) will go to miners and vouchers, while the remaining 30% (207 billion tokens) is reserved for new users and future phases.
💰 The initial price for 1 $X is expected to be $0.0002, giving X Empire a fully diluted market cap of approximately $138 million.
📉 Potential Market Movement:
- If $X gains momentum, the price could rise by 50%, reaching $0.0003, with a market cap of $207 million.
- In a bearish scenario, early sell-offs might drop the price to $0.00015, reducing the market cap to around $103.5 million.
📈 Exchange Debut: X Empire will launch on OKX on October 24, offering visibility to its 50 million users.
📊 Conclusion: The price movement will depend on community response, exchange listings, and future developments.
#BTCSoarsTo68K #USStockEarningsSeason #TeslaTransferBTC #MemeCoinTrending #TrumpDeFi