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đŸ‡ș🇾 Donald Trump says he will "end Joe Biden's war on crypto, and ensure that the future of crypto and the future of Bitcoin will be made in America."
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Justin Sun New Solution: No Gas Fees for Stablecoin Transfers ● TRON’s new solution allows gas-free stablecoin transfers, covering costs entirely covered by the stablecoin itself. ● Justin Sun’s innovative service will first launch on Tron and then expand to Ethereum and EVM-compatible chains. In a recent tweet, TRON CEO Justin Sun said that his team is working on a novel way to enable gas-free stablecoin transfers. The new solution allows transfers to be completed without the need of gas tokens, with the stablecoin covering all costs. 🔾 Implementation Across Multiple Blockchains This ground-breaking solution will initially be implemented on the Tron network. Following its launch on Tron, the service will expand to include Ethereum and any other EVM-compatible public chains. 💬 Our team is developing a new solution that enables gas-free stablecoin transfers. In other words, transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves. — H.E. Justin Sun ć­™ćź‡æ™š (@Justin Sunć­™ćź‡æ™š ) The deliberate deployment aims to maximize the effect and reach of this new functionality by making use of the extensive compatibility of EVM chains. Sun anticipates launching this service in the fourth quarter of this year. He believes that comparable services will greatly help large corporations launch stablecoin services on the blockchain. This development is likely to drive blockchain mass adoption to new heights, providing a more efficient and cost-effective method of transaction processing. Justin Sun’s latest developments cement TRON’s status as a leader in blockchain innovation. The advent of gas-free stablecoin transfers is expected to transform the way blockchain transactions are handled, lowering costs and enhancing efficiency. Furthermore, Sun’s smart market interventions reflect his dedication to the expansion and stability of the crypto ecosystem. #JustinSun
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⚠ XRP Price Analysis: Will It Rebound After Recent Market Dip? In a recent post on X (formerly Twitter), investor and researcher Rob Cunningham emphasized the enduring nature of truth, law, and mathematics, regardless of market fluctuations. He highlighted XRP’s role in addressing global payment challenges, promoting its utility in revolutionizing transaction speed and cost-effectiveness. 💬 Even if one were to spend $1 Trillion, it can’t negate or invalidate Truth, Law or Math. Law is Law, Utility is Utility. Period. #XRP radically reduces global payment “friction”, fraud, fees, Fx fat, & nostro/vostro “dead money” opportunity costs with 3-5 second settlement... — Rob Cunningham XRP, a cryptocurrency known for its swift transaction capabilities, is currently navigating a turbulent crypto market. As of the latest data, XRP is trading at $0.413558, reflecting a 7.75% decline over the past 24 hours. The cryptocurrency’s market cap stands at $23.04 billion, with a circulating supply of approximately 55.72 billion XRP coins. The 20-day and 200-day moving averages indicate a prevailing bearish sentiment, highlighting ongoing market challenges. Trading volume for XRP has exhibited sporadic patterns, characterized by intermittent spikes. The recent price dip coincided with an uptick in trading volume, suggesting intensified selling pressure among investors. Technical indicators further illustrate XRP’s current market dynamics. The Moving Average Convergence Divergence (MACD) line is notably below the signal line, signaling a continuation of bearish momentum. Additionally, the Relative Strength Index (RSI) stands at 24.38, well below the oversold threshold of 30. This implies that XRP may be in oversold territory, potentially hinting at a forthcoming price rebound despite persistent downward trends. Bollinger Bands analysis underscores XRP’s downward momentum, with the price breaching below the lower band. This technical signal indicates increased selling activity and suggests potentially oversold conditions in the market.
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🎬 New Crypto Documentary ‘Vitalik: An Ethereum Story’ Set for September Premiere The highly anticipated documentary “Vitalik: An Ethereum Story” will premiere in September. This film offers an in-depth look into the life of Vitalik Buterin, the co-founder of the Ethereum (ETH) blockchain, and the transformative journey of his groundbreaking project. The documentary is part of the “Ethereum Stories” initiative, which includes a series of short films, also set to release in September 2024. 🔾 Vitalik Buterin and Ethereum’s Journey Through the Lens After more than three years in the making, the documentary promises to reveal the human side of the Ethereum phenomenon. According to IMDB, the directors, known for their previous work on “The Meme Economy,” began filming in 2021 when they first met Buterin. The project gained significant support through the crowdfunding platform Mirror.xyz, raising 1,035.96 ETH, equivalent to $2.9 million. “Vitalik: An Ethereum Story” documents technological advancements and emphasizes the people and emotions driving the Ethereum movement. The filmmakers aimed to create a narrative accessible to community members, crypto enthusiasts, and skeptics alike. The film directors Zach Ingrassi and Chris Temple captured key moments in the crypto industry. These events include the NFT boom, geopolitical turmoil, and the massive software upgrade known as Ethereum 2.0. “During the rollercoaster of 2021-2023, the Ethereum community experienced some serious growing pains. But no matter the chaos and challenges, Vitalik remained an anchor, steadfast in his vision for an open internet accessible to all,” the team wrote in their blog. The documentary’s official trailer will debut on July 23 on the Zora network. This trailer also allows viewers to support the film’s distribution through minting tokens. An on-chain ticketing event will start on July 26, allowing buyers to watch the documentary for 30 days on ethereumfilm.xyz. #VitalikButerin #ETH #Ethereum
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⭐ WIF the Popular SOL Memecoin Dominates as Top Gainer Boosting Solana’s Market Position ● WIF memecoin is the top gainer among top 100 cryptocurrencies in the past 24 hours. ● Solana holds a 9.64% market share in the memecoin space, outperforming Ethereum. ● Memecoins represent 22% of the overall cryptocurrency market, with WIF contributing significantly to Solana’s success. Solana’s WIF memecoin has risen to become the top gainer among the top 100 cryptocurrencies in the last 24 hours. This tremendous rise highlights WIF’s outstanding performance and its influence on the Solana ecosystem. 🚹 LATEST: @Solana Official memecoin $WIF becomes the Top Gainer among the top 100 cryptocurrencies in the past 24 hours.— SolanaFloor As per the most recent CoinMarketCap 2024 H1 report, Solana’s success can be attributed to WIF’s remarkable surge. Memecoins have emerged as the most popular asset type, comprising 22% of the entire market. Solana has a 9.64% market share in this sector, with WIF playing an important role in its success. Over the last eight months, WIF has shown outstanding stability and consistent growth. This has established it as a dominant player in the market, with significant growth in 2024 pointing to a bright future for the Solana ecosystem. As the cryptocurrency market evolves, more buyers are likely to be drawn to WIF’s stability and strength. This would further reinforce its position as a key asset in the Solana ecosystem. The good trend of WIF demonstrates its potential for long-term success. It also highlights the Solana platform’s ability to support high-performance assets. The outstanding performance of WIF demonstrates both its potential and the wider range of capabilities available from Solana-based assets. WIF’s position in the market is expected to rise as it gains more traction, presenting greater chances for investment and growth. #SOL $SOL #WIF
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đŸ”„ 2024 Trump Presidency: The Catalyst for a Historic Bitcoin Surge? A Financial Times report suggests that a victory for Donald Trump in the U.S. presidential election could spark a Bitcoin rally in late 2024. The report cited Trump’s public support for the crypto industry and engagement with the technology as potential catalysts for a Bitcoin surge if he wins. Some crypto investors are backing the former president’s re-election campaign, aligning with his pro-crypto stance. Trump has even dubbed himself the “crypto president” and pledged to support the digital asset industry if re-elected. He claims his election would usher in a new era of crypto in finance. Bitcoin surged in early 2024 following the approval and launch of several spot Bitcoin ETFs, reaching a new record high of $73,794 in March. Other ETF applications have since followed, including the recently approved Ethereum ETF and pending applications for Solana ETFs. The optimism surrounding Trump’s potential impact on Bitcoin stems from his being the more pro-crypto candidate in the upcoming election and the assumption that his policies would make crypto more attractive globally. Trump already accepts cryptocurrencies like Bitcoin, Ethereum, and SHIB for campaign donations. Trump recently posted on his Truth Social platform that Bitcoin is the United States’ last defense against Central Bank Digital Currencies (CBDCs). The former president has also garnered open support from prominent figures in the crypto industry, including Gemini Crypto Exchange founders Cameron and Tyler Winklevoss, who recently donated $2 million in Bitcoin to his campaign. As the 2024 U.S. presidential election looms, Trump’s staunch support for digital assets and his promise of a pro-crypto administration could help make the U.S. a global leader in cryptocurrency adoption with regulations. $BTC #BTC #Trump
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