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Max Cryptobuddy
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๐Ÿš€ Despite April's crypto dip, layer-2 networks saw a surge in developer activity, showing strong faith in these projects. According to Santiment's analysis of non-redundant GitHub activity, Optimism led the pack with 541.33 commits, a whopping 146% more than the next project. ๐Ÿ“ˆ Starknet, Arbitrum, Cartesi, Immutable X, and Skale Network followed, all showing high dev activity despite token value drops. MintLayer, Polygon, MetisDAO, and Mantle rounded out the top ten. ๐Ÿ‘‡ What's your take on these layer-2 networks? Are they the future of DeFi? Share your thoughts below! #DeFi #Layer2 #CryptoNews

๐Ÿš€ Despite April's crypto dip, layer-2 networks saw a surge in developer activity, showing strong faith in these projects. According to Santiment's analysis of non-redundant GitHub activity, Optimism led the pack with 541.33 commits, a whopping 146% more than the next project. ๐Ÿ“ˆ

Starknet, Arbitrum, Cartesi, Immutable X, and Skale Network followed, all showing high dev activity despite token value drops. MintLayer, Polygon, MetisDAO, and Mantle rounded out the top ten.

๐Ÿ‘‡ What's your take on these layer-2 networks? Are they the future of DeFi? Share your thoughts below! #DeFi #Layer2 #CryptoNews

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesorรญa financiera.ย Lee los TyC.
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๐Ÿ“ฃHey #CryptoTwitter!๐Ÿš€ BTC's price recovery might be just around the corner!๐Ÿ”œ๐Ÿ“ˆ Why?๐Ÿค” - Bitfinex's weekly report hints at slowing selling pressure from short-term holders.๐Ÿป๐Ÿ“‰ - The Exchange Whale Ratio is stabilizing, indicating whales might be done distributing their supply.๐Ÿ‹๐Ÿ’ฐ - The Market Value to Realized Value (MVRV) ratio for short-term holders is in the 0.9 to 1 range, often seen during bull market corrections.๐Ÿ‚๐Ÿ“Š - The short-term holder MVRV ratio is at 0.96, a level that often precedes a market recovery.๐Ÿ”„๐Ÿ“ˆ Even the Bitcoin Fundamental Index (BFI), which evaluates network health, is at an inflection point.๐Ÿ”๐ŸŒ So, are we ready for a BTC price recovery?๐Ÿš€๐Ÿ’ธ Share your thoughts below!๐Ÿ‘‡๐Ÿ—จ๏ธ #Bitcoin #DeFi #CryptoNews
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๐Ÿš€ Dogecoin (DOGE) is soaring! Up 12% this week, thanks to Tesla's adoption. ๐Ÿ•โ€๐Ÿฆบ๐Ÿ’ฐ - DOGE holders are grinning, with 83% in profit. - Shiba Inu (SHIB) investors? Not so much. Only 60% are in the green. ๐Ÿ“‰๐Ÿ“ˆ Analysts predict DOGE could be on the brink of a major bull run. ๐Ÿ‚๐Ÿ’จ - Rekt Capital sees a "new Macro Uptrend." - Crypto Catalysts believes DOGE could hit $1. Ali Martinez thinks DOGE's recent price dip is just a prelude to a "massive bull run." ๐ŸŽข๐Ÿš€ What do you think? Is DOGE ready to rocket? Drop your thoughts below! ๐Ÿ‘‡ #DOGE #CryptoNews
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๐Ÿ“ข Heads up, crypto enthusiasts! The SEC has hit the snooze button again on the Invesco Galaxy spot Ethereum ETF decision. ๐Ÿ•ฐ๏ธ - The final verdict is now due by July 5, 2024. - This marks the third delay, with the first in Dec '23 and another in Feb '24. Despite the wait, let's keep the optimism alive! ๐Ÿš€ Remember, patience is a virtue, especially in the crypto world. Also, Invesco isn't alone. BlackRock, Fidelity, VanEck, and Grayscale are in the same boat, with VanEck first in line for a decision on May 23, 2024. What are your thoughts on this? Do you think the SEC will give the green light to spot Ethereum ETFs this year? Let's chat below! ๐Ÿ‘‡ #DeFi #CryptoNews
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๐Ÿš€ Coinbase is in hot water again, facing a new lawsuit from a group of plaintiffs claiming they were tricked into buying unregistered securities. ๐Ÿง - The suit was filed in California and alleges that Coinbase acknowledged it operated as a securities broker, but still offered access to assets like SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ, and XLM, which the plaintiffs claim are unregistered securities. - This is different from Coinbase's ongoing legal tussle with the SEC over whether tokens offered on the exchange should be classified as securities. - Crypto lawyer John Deaton has stepped in to back Coinbase, submitting a brief supporting an appeal on behalf of 4,701 Coinbase clients. - In another twist, Coinbase is also facing legal action from customers over its handling of the GYEN stablecoin, which they claim was far from stable. What do you think about these legal battles? Are they justified or just part of the growing pains for the crypto industry? Let's chat in the comments! #Coinbase #CryptoNews #DeFi ๐Ÿš€๐Ÿ“ˆ
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๐Ÿ”Visa's new metric reveals over 90% of stablecoin transactions aren't by real users! ๐Ÿค” - Visa and Allium Labs have developed a dashboard to filter out bot and large-scale trader transactions. - Out of $2.2T in total transactions in April, only $149B were from "organic payments activity". - Less than 10% of stablecoin transaction volumes actually originate from genuine users or are considered organic. ๐Ÿ’กThis suggests that stablecoins are still in an early phase of development as a payment method. - Experts predict the total value of all stablecoins could reach $2.8T by 2028, an almost 18-fold increase from their current circulation. - PayPal and Stripe have already started accepting stablecoins for transactions. What's your take on this? Are stablecoins the future of payments? Share your thoughts below! ๐Ÿ‘‡ #DeFi #Web3 #DAO #Layer2
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