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Professor Mende - Founder of BONUZ Project - in Dubai UAE

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Professor Mende - Founder of BONUZ Project - in Dubai UAE

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🚀 VITALIK BUTERIN SUPPORTS PROJECT MADE BY TIKTOK'S PARENT COMPANY BYTEDANCE 🚀 The Ethereum co-founder has endorsed TiTok AI, a groundbreaking method for efficient onchain image compression. This development promises significant advancements for blockchain applications. 🖼 Not TikTok, But TiTok: TiTok, which should not be confused with the social media platform TikTok, significantly reduces image sizes, making it feasible for blockchain storage. Buterin praised TiTok's potential on Farcaster, noting, “320 bits is basically a hash. Small enough to go on chain for every user.” 🎨 Implications for NFTs and PFPs: This technology could revolutionize how profile pictures (PFPs) and non-fungible tokens (NFTs) are stored digitally, offering a more practical and efficient solution. 🔧 How TiTok Works: Developed by researchers at ByteDance and Technical University Munich, TiTok compresses images into 32 small data pieces (bits) without compromising quality. The method uses advanced AI to transform a 256x256 pixel image into “32 discrete tokens.” 📊 Tech Behind TiTok: TiTok employs a 1-dimensional (1D) image tokenization framework, breaking away from the 2D grid constraints of traditional methods. This leads to faster sampling processes and competitive image quality.. 📈 Endorsement and Future Potential: Vitalik Buterin's endorsement lends significant credibility to TiTok's potential in the blockchain space. He highlighted its ability to represent images with a more compact formulation, making it a promising tool for future digital image storage solutions. Why this is important: ByteDance being behind TikTok AND TiTok is a big deal as one big move from this player could significantly accelerate crypto mass adaption. Watch out for such projects backed by powerful companies as they dictate future trends & disruptive revolutions and lead the way. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #tiktok #Titok #TrendsWithBenefits #ai #blockchain $PEPE $SHIB $DOGE

⭐Welcoming Yi He to the Binance Square Family! ⭐ Everyone kindly gives her a welcoming FOLLOW. As most here probably know, @Yi He is the Co-Founder of Binance. I was honored to eat a delicious Binance Pepperoni Pizza served by Yi He on the international "Bitcoin Pizza Day", which was heavily celebrated here in Dubai / UAE. Below is the memorable screenshot from the official Binance Instagram Account. #BinanceSquareFamily #bnb #eth #redpacket #btc

📉 WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?📉☠ Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends. 💥 Volatile Price Action: This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs. 📉 Double Top Formation: The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000—if not $45,000." 📊 Potential Bullish Factors: While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September. 🔍 Economic Data Impact: Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market." 📈 Expected PCE Figures: Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE and stay updated on the matter! #doubletop #markettrends #bitcoincrash #markettrends #cryptomarket $BTC $ETH $BNB

🚨 ALERT: BITCOIN SET FOR THIRD WORST WEEK OF 2024 🚨 Bitcoin prices continue their downward spiral on Monday, positioning the premier cryptocurrency for its third-worst week of the year. 🧐 Analyzing Market Trends: Several factors contribute to this decline. Notably, the Japanese crypto exchange Mt. Gox, infamous for its hack over a decade ago, announced it would begin repaying Bitcoin and Bitcoin Cash in July. This has raised concerns about a potential sell-off by creditors, which could flood the market with additional Bitcoin. 💸 Investor Sentiment Shifts: Investors might be reallocating their funds into other asset classes, especially as the tech sector outperforms this month, pushing markets to new highs. U.S. spot Bitcoin ETFs have seen six consecutive days of outflows, coinciding with preparations for ETFs investing directly in Ethereum. 📊 Key Levels to Watch: Bitcoin dropped more than 5% and is hovering just above the $61,000 mark, after touching near $60,000 earlier in the day. Despite recent setbacks, Bitcoin remains up nearly 40% year-to-date, having ended last year around $43,000. 💼 Impact on Crypto Stocks: Crypto-related stocks are also feeling the heat. Over a 10-day chart, these stocks have faced substantial pressure correlating with Bitcoin’s sell-off. 📈 Year-to-Date Performance: While Bitcoin is currently facing challenges, it’s crucial to remember its robust performance throughout the year, with a significant increase from its previous year-end value. 🔍 Broader Market Context: The current market environment reflects a complex interplay of regulatory developments, market sentiment shifts, and broader economic factors. As the landscape evolves, both investors and analysts are closely monitoring these dynamics to gauge future movements. Stay informed with @Professor Mende - Founder of BONUZ Project - in Dubai UAE and make strategic decisions in this volatile market! #markettrends #btc #bitcoin #marketnews #marketanalysis. $BTC $ETH $SOL

🚀 $1,000,000,000 PUMPED INTO BLOCKCHAIN GAMING 🚀 Despite cautious investment in Web3 gaming early in the year, April saw a massive influx of $988 million, the highest monthly investment since January 2021. The surge is reminiscent of the early 2021 GameFi boom, driven by new technologies like NFTs and DeFi. 📈 Data Highlights: The recent surge mirrors early 2021 when GameFi anticipated explosive growth. Market capitalization of NFTs skyrocketed by 29 times from 2020 to 2021. Similarly, Ethereum's new Account Abstraction technology and the rise of Layer 3 blockchain solutions are driving current investments. 🧩 Key Players: Venture capital firms are leading the charge. a16z is raising a $600 million gaming fund, Bitcraft Ventures is launching a $275 million fund, and Ubisoft Studios is diving deeper into blockchain collaborations. User engagement metrics are also robust, with nearly 3 million daily active wallets for gaming dApps and a significant increase in blockchain gamers. 💡 Layer-3 Solutions: Layer-3 scaling solutions reduce transaction times and gas fees, enabling zero-gas functionality. Combined with Account Abstraction, these technologies promise a seamless GameFi experience, indistinguishable from traditional Web2 gaming. 🌟 Future of GameFi: With substantial financial backing and cutting-edge technologies, blockchain gaming is poised for a new wave of products that prioritize user experience. Layer-3 solutions and Account Abstraction are set to become standard, leading to widespread Web3 adoption and a new development paradigm. With Bonuz, we're also betting on Layer-3 solutions and account abstractions. The trends and technological advances show us, that we did everything right in developing our project over the last years. Visit Bonuz .xyz to learn more about the smart account wallet and its ecosystem! Professor Mende #gamefi #layer3 #markettrends #innovation #bonuz $SHIB $PEPE $FLOKI

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