Large Ripple (XRP) Deposits on Binance Has Not Moved the Market 📊

Trump-Inspired Memecoins Soar 40% Amid Rumors Of Endorsement By RFK Jr.

$CYBER is following a strong uptrend. It breaks the 2.5$ resistance with a huge volume. The next target for cyber will be 5.94$ in a shorter timeframe. Bitcoin just needs to stay bullish as of now. Till now we've tracked 690% gains on it.

BlackRock's Ethereum ETF Hits $1 Billion in Net Gains, Nearly Tripling Fidelity !! On Tuesday, BlackRock's iShares Ethereum Trust (ETHA) crossed $1 billion in cumulative net inflows. Notably, ETHA is the first Ethereum ETF to reach this milestone. Fidelity’s Ethereum Fund is the current runner-up to ETHA, with $367 in cumulative net inflows. That’s followed by the Bitwise Ethereum ETF with $310 million net inflows and the Grayscale Ethereum Mini Trust with $227 million net inflows. #MtGoxRepayments #Write2Earn! #CryptoMarketMoves #CryptoNewsCommunity #BinanceSquareFamily

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities !! Prometheum, the SEC-registered digital asset trading and custody firm, announced it plans to add two new "digital asset securities" to its ranks. Uniswap’s UNI and Arbitrum’s ARB tokens. It will provide custodial services for both assets and its existing ETH offering to corporate and institutional investors through its Prometheum Capital subsidy. While Prometheum representatives did not provide any clear reasoning for labelling these assets as securities, they stated they would delist tokens and comply as needed if regulators came out with a contradicting stance. #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves #CryptoNewsCommunity #CryptoMarketMoves

Avalon Labs Supports Babylon LSD Protocols

The Rise of Microcap Memecoins in 2024: Can Pump.fun Sustain Its Success?

HashKEY HSK, an Anticipated Token and Layer-2 Chain Launch

Ryan Salame Seeks To Void Guilty Plea, Says Fed Didn’t Keep Promise !! Ryan Salame, the former FTX executive who pleaded guilty to two felony charges in September 2023, is reportedly seeking to void his guilty plea in the criminal case involving campaign finance and money-transmitting crimes. Salame explained his decision by claiming prosecutors reneged on their agreement not to investigate his fiancée for campaign finance violations. Salame claims he pleaded guilty based on this assurance, but the government has since resumed investigating Bond. Salame’s lawyers also argued that the prosecutor’s tactics of using a third party as leverage to induce his plea was “improper” and “coercive.” They argue his plea should be invalidated on those grounds. #MtGoxRepayments #CryptoNewsCommunity #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves

$IO IOcoin (IO) is a cryptocurrency that has been experiencing a significant increase in value and trading volume. The bullish trend for IOcoin can be attributed to several factors: 1. *Increased Adoption*: Growing acceptance and usage of IOcoin in various industries and applications. 2. *Improving Technology*: Upgrades and developments in the IOcoin protocol, enhancing its scalability, security, and usability. 3. *Market Sentiment*: Positive market sentiment, driven by investors' confidence and enthusiasm for the project. 4. *Partnerships and Collaborations*: Strategic partnerships and collaborations that expand IOcoin's reach and potential. If these factors continue to drive the demand and growth of IOcoin, the bullish trend may persist. Some possible indicators of a continued bullish trend include: 1. *Higher Highs and Higher Lows*: The price of IOcoin continues to break through new highs and establish higher lows. 2. *Increasing Trading Volume*: Growing trading volume, indicating increased interest and participation. 3. *Technical Indicators*: Positive signals from technical indicators, such as RSI, MACD, and Bollinger Bands. Please note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. This is not investment advice, and it's essential to conduct thorough research and consider multiple perspectives before making any investment decisions. For more accurate and up-to-date information, I recommend checking reliable cryptocurrency data platforms, such as CoinMarketCap, CoinGecko, or TradingView.

JUST IN: 🇺🇸 Cryptocurrency Industry has poured $118m into PACs to influence the 2024 Presidential election 48% of all corporate money so far has come from crypto industry - Public Citizen

🚨 BIG BREAKING 🚨 BLACKROCK HAS SURPASSED GRAYSCALE IN TOTAL ON-CHAIN HOLDINGS 👀 #BITCOIN FULL SEND MODE 🚀🚀🚀

🚨 BIG BREAKING 🚨 BLACKROCK HAS SURPASSED GRAYSCALE IN TOTAL ON-CHAIN HOLDINGS 👀 #BITCOIN FULL SEND MODE 🚀🚀🚀

Kamala formally accepts Democrat nomination for President: "For the people." #kamala #TrumpCryptoSupport #Biden #MtGoxRepayments #CryptoMarketMoves

Kamala Harris Supports Policies to Expand Crypto Industry: According to a Bloomberg report, Vice President Kamala Harris’ senior campaign adviser Brian Nelson told the publication that Harris plans to support measures to help the digital asset industry grow. The statement was made during a Bloomberg News roundtable at the Democratic National Convention on Wednesday. He also added that the industry needed "stable rules" following the collapse of crypto firms in the past, suggesting a Harris administration will still be interested in putting in place safeguards. #KamalaHarris2024 #kamala #kamalaHarris #Election2024

Momentum is building for $AIAT, signaling another potential upward move. With Bitcoin staying bullish, it might cross our next target of 1.48$. Leading the way alongside it are $GRT and $OCEAN this time. We observed 320% gains in the previous rally.

Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies: According to a Wednesday report from corporate influence watchdog Public Citizen, nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies. Specifically, the report found that crypto companies like Ripple and Coinbase accounted for approximately $119 million out of a total of $248 million in corporate election spending. The vast majority of those donations have been contributions to Fairshake, a non-partisan super-political action committee focused on getting crypto-friendly candidates on both sides of the aisle elected. The Public Citizen’s report claims to be based on data provided by government transparency group OpenSecrets. #MtGoxRepayments #CryptoNewsCommunity #CryptoMarketMoves #Write2Earn! #BinanceLaunchpoolDOGS

The youngest cryptocurrency millionaire is Erik Finman, who became a millionaire at the age of 18.

🚨CRACKDOWN ON ILLEGAL MINING!🚨 Malaysian Authorities Take Bold Action! - Destroyed 985 mining devices worth $450,000 - Confiscated during raids to combat electricity theft since 2022 - Estimated loss from illegal mining: $776 MILLION since 2018 Ille

🚨🚨HOW to withdraw your dogs airdrop to binance in 3 minutes 🚨🚨Dogs will be listening 📢📢#DOGSCommunity #dogsday

FLOKI INU RALLY UPDATE !! The price of FLOKI has rallied by 14% in the past 24 hours. WHY? Simon’s Cat - a new cat-themed memecoin project on the BNB Chain, has announced that it has allocated 20% of the total $CAT supply to the Floki community. The tokens will be distributed to on-chain holders of FLOKI in proportion to their holdings. This seems to be the primary reason for the rally as users attempt to increase their FLOKI holdings. Notably, crypto exchange Binance has also announced its support for the airdrop. Binance will conduct the airdrop based on a snapshot to be taken on 29 Aug 2024 at 23:59:59 UTC. #FLOKISKYROCKET #flokiwarrior #mememcoinseason2024 #Write2Earn! #CryptoMarketMoves

$KSM /USDT Sure, here's a 200-word post on identifying support and resistance in trading: --- **Spotting Support and Resistance in Trading** Support and resistance levels are key concepts in technical analysis that help traders make informed decisions. **Support** is the price level at which an asset tends to stop falling due to increased buying interest. Think of it as a "floor" where the price has historically bounced back. Conversely, **resistance** is the price level where an asset tends to stop rising, as selling interest increases. This acts as a "ceiling," preventing further price increases. Identifying these levels involves analyzing past price action on a chart. For example, if a stock repeatedly falls to a certain price and then rises, that price is considered a support level. Similarly, if a stock repeatedly rises to a certain price and then falls, that price is viewed as a resistance level. Traders use these levels to make trading decisions. A break below support might signal a further decline, while a break above resistance could indicate further gains. However, these levels are not absolute and can change over time. Combining support and resistance with other indicators and analysis can provide a more comprehensive trading strategy. --- This post offers a concise explanation of the concepts, making it suitable for social media or a blog.#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek {spot}(KSMUSDT)

.@Soneium—a next-gen blockchain by #Sony Group and @StartaleHQ—has chosen Chainlink as its premier launch partner. By integrating the Chainlink platform, Soneium leverages the infrastructure needed to drive adoption as it enters the blockchain industry. https://soneium.org/en/blog/introducing-soneium-by-sony-block-solutions-labs-for-the-future-of-web3/

$KSM has broken out of the falling wedge pattern. 📈 #KSM/USDT #KSM #Binance #ETH #Binance {future}(KSMUSDT)

Former President Donald Trump recently took to his Truth Social platform to promote the documentary

When asked if he would like to see #Bitcoin correlated with gold, Tom Lee responds, “I think Bitcoin is digital gold and that it’s replacing gold, so it should behave like gold over time.”

Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies Public Citizen’s report, which was based on data provided by government transparency group OpenSecrets, found that, so far, 48% of corporate election spending has come from crypto companies like Ripple and Coinbase. That’s $119 million out of a total of $248 million. #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #CryptoNews🚀🔥

#DonaldTrump Pushes New #Crypto Platform to Challenge Big Banks and Financial Elites

TRON’s Founder Predicts Banner Year, Eyes Solana

🚀 $AI showing strong bullish signals! Just broke out of a falling wedge & horizontal resistance. Reverse head & shoulders pattern confirms a reversal. 21 MA breakout suggests the bulls are in control. Thanks to all of you who cast your votes every day! Now we have ranked above 50. 👊 Every vote counts, and your support means everything. If we receive the reward, it will be shared with some of my loyal followers. 💯 [VISIT & Vote Quickly | Show Our Strength 💪](https://app.binance.com/uni-qr/cpro/CryptoFamilyRky) 1. Visit my profile 2. Click yellow vote button thanks 🙏 ✅ Falling Wedge Breakout ✅ Horizontal Resistance Breaking ✅ 21 EMA Break & Retest ✅ MACD Bullish Divergence {spot}(AIUSDT) 📍Wait for a retrace and buy in a partially I'm always provide educational & informative content for beginners so don't forget to vote and follow 👀 #MtGoxRepayments #PowellAtJacksonHole #Babylon_Mainnet_Launch

Franklin Templeton brings its tokenized money market fund to Avalanche

Justin Sun’s USDD Stablecoin Loses Bitcoin Backing The move leaves USDD reliant on Tron's native token, TRX, which has surged with a recent meme coin push The USDD stablecoin, issued by the TRON DAO Reserve, has lost its Bitcoin backing with the removal of 12,000 BTC from its formerly listed collateral address. Without the Bitcoin, worth around $726 million, USDD is now primarily backed by TRX, the native token of the Tron blockchain. The move—spotted on X on Tuesday—was made without any apparent official action by the TRON DAO. Responding to reports of the shift, Tron founder Justin Sun said on X (aka Twitter) that what's happening is “not mysterious.” “Any collateral holder can withdraw any amount freely without anyone's approval,” Sun wrote, comparing the operation to that of MakerDAO. He said that USDD was not capital efficiant, and had a “long-term collateralization rate” of more than 300%. “The TRON DAO Reserve plans to spend time upgrading USDD in the future to make it a more competitive decentralized stablecoin in the market,” Sun added. His declaration of the DAO’s plans did not address whether the ostensibly decentralized organization was involved in the change. USDD was originally an algorithmic stablecoin, similar to Terra’s algorithmic stablecoin UST—which spectacularly collapsed in May 2022. It was then converted into a hybrid model where it would be backed by collateral including Bitcoin, TRX, USDT, and USDC. The market cap of USDD, which is pegged to the U.S. dollar, is around $744 million, according to CoinGecko data. It remains among the top 100 cryptocurrencies by market cap—albeit just barely, ranked 96th—and was recently surpassed by a PYUSD, a new stablecoin from PayPal. TRX, now the source of its primary backing, is more volatile, holding on to a top 10 spot excluding stablecoins. Currently trading for $0.15, it has surged in recent weeks as Tron and Sun have leaned heavily into leveraging it as a memecoin marketplace. TRX is up more than double its value a year ago, with a $13.5 billion {spot}(TRXUSDT)

$LISTA is looking bullish today. This time, it has confirmed its support at 0.32$ and is moving ahead toward our subsequent target of 0.54$ with a significant volume surge. Counting on Bitcoin to remain bullish alongside. We've seen 120% growth in the last rally.

Colombia's Regulator Issues Notice to Worldcoin Over Alleged Data Breach !! Colombia's SIC has accused Worldcoin of violating personal data protection laws during its data collection in the country. Penalties could include fines or closure if found guilty. #Colombia #CryptoNewss #MtGoxRepayments #BinanceHODLerBANANA

Ex-FTX Executive's Partner Charged with Campaign Finance Violations !! Michelle Bond, partner of former FTX co-CEO Ryan Salame, has been charged with campaign finance violations, including illegally funding her 2022 congressional run with $400,000 from a crypto firm and making false statements to cover it up. #FTXScamAlert #FTX's #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole

Ethereum Faces Market Challenges Amid Competitive Pressures

OmegaPro Co-Founder Detained in Turkey Over Suspected $4B Ponzi Scheme !! Andreas Szakacs, co-founder of OmegaPro, was arrested in Turkey in July for his alleged role in a $4 billion crypto Ponzi scheme. Authorities seized computers and 32 cold wallets, tracking $160 million in cryptocurrency. Szakacs denied the allegations. #Turkey #Write2Earn! #CryptoNewss #MtGoxRepayments #CryptoMarketMoves

Sony Group And Startale Labs To Launch New Layer 2 Network On Ethereum

Sony Launches Blockchain Network Soneium

Factors Influencing Profitability in 2024 A crypto mining farm’s profitability is mainly determined by several important factors, including the cost of the hardware, energy usage, price of the cryptocurrency, and network difficulty. Understanding these components is crucial in evaluating the feasibility of a mining enterprise. Mining rig acquisitions continue to be expensive. Setting up mining hardware, such as GPUs, FPGAs, and ASICs, comes at a significant upfront cost. However, as technology advances, efficiency and energy usage continue to rise, increasing the viability of initial investments over time. Another important consideration is energy expenses. For mining farms, energy costs are a substantial operational expense. Areas with cheap energy expenses are more advantageous than others. New developments in renewable energy sources and energy-efficient mining equipment contribute to reduced operating costs, which boosts profitability even further. The dynamics of the cryptocurrency market are also quite important. The profitability of mining Bitcoin is heavily influenced by its value. While price reductions can lower revenues, higher pricing can yield more significant returns. Furthermore, the difficulty rises with more miners joining the network, requiring more processing power to provide the same payouts. The regulatory framework also influences mining profitability. It is crucial to abide by national and international laws, notably those about taxes and the environment. Regulations that prohibit, reward, or subsidise the use of renewable energy sources can impact the mining sector and the overall profitability of mining operations. Anyone attempting to determine if a Bitcoin mining farm will be profitable in 2024 needs to be aware of these issues. Bitcoin Halving Outcome on Mining Rewards While Bitcoin is the most popular cryptocurrency mined, understanding its network dynamics can remain critical to mining profitability. The most important event that affects the Bitcoin network is the so-called Bitcoin halving.

Bitcoin Exchange Inflows Plunge Amid Mt. Gox Transfers and US Government Sell-Off Rumors

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'

Bitcoin Is Unstoppable, Google Confirms That the Near-Impossible Process of Stopping Bitcoin Woul...

Sony Group Unveils Its Forthcoming Layer-2 Blockchain Project, Soneium

BIG BREAKING 🚨 HONG KONG #BITCOIN ETFs SAW $15 MILLION IN INFLOWS TODAY,THE HIGHEST IN A MONTH. 👀 MASSIVE 🐂

Justin Sun says removing 12K Bitcoin from $USDD is just ‘DeFi 101’ USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.

JUST IN: 🇭🇰 Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily 🙌

How tokenizing real-world assets could unlock new revenue for creators The prospect of tokenization is offering new opportunities for artists and communities to unlock their value Tokenization is transforming how value is created and shared online, extending far beyond traditional financial assets. In a recent discussion, Roundtable anchor Rob Nelson and Sam Price, host of CryptoLifer, explore the vast potential of tokenizing everything from celebrity content to grassroots projects. Their insights reveal a future where artists, creators, and professionals can take control of their value in unprecedented ways. Nelson kicked off the discussion by emphasizing that the scope of tokenization isn't limited to just financial assets. He points out that virtually anything—whether it's a person, product, or service—can be tokenized, allowing creators and professionals to monetize their value in new ways. In many ways, creators are already experimenting with ways to unlock their value onchain. Former President Trump has earned millions by selling his own collectible cards as NFTs (non-fungible tokens.) "Imagine Taylor Swift being worth $3 billion if she was tokenized," Nelson suggests, illustrating the enormous potential for celebrities and influencers to capitalize on their brand. Forbes estimates Taylor Swift's current net worth at $1.3 billion. Tip Follow Like Share and Comment

Ethereum Whale Activity Raises Red Flags As Dominance Declines

WazirX Cancels Open Orders to Address INR and Crypto Balance Issues !! WazirX canceled all open orders and returned assets to users, aiming to resolve balance issues. This follows a $230 million exploit and a halted recovery program, with speculation about North Korea's Lazarus Group being involved. #wazirX #indiaceyptotax #binanceIndia #MtGoxRepayments #Write2Earn!

Tron-based SunPump memecoin generator flips PumpFun in daily revenue !! - SunPump, launched just last week, overtook its major Solana-based rival, PumpFun, in 24-hour revenue on - Wednesday.SunPump’s revenue amounted to around $548,000 yesterday, while PumpFun generated about $367,000, data shows. SunPump, a Tron  TRX +3.38%-based memecoin generator, has flipped PumpFun in 24-hour revenue as the new memecoin developer appears to start gaining traction. On Wednesday, SunPump saw about 7,531 launched through the generator, generating daily revenue of 3.65 million TRX, or about $548,000 based on TRX’s current price, according to data from Dune.  On-chain data showed that that surpassed PumpFun’s daily revenue of 2,575 SOL, worth about $367,195. On Wednesday, about 6,941 tokens were created with PumpFun. Launched last week, SunPump has been used to generate memecoins, with some seeing significant price fluctuations. Sundog, for example, jumped 25% at one stage yesterday to change hands at about $0.25, but it has retreated to $0.21 at the time of writing, down 12.6% over the past 24 hours, according to CoinGecko. The memecoin’s market capitalization currently stands at $216 million after briefly eclipsing $250 million on Wednesday. Meanwhile, PumpFun has facilitated the generation of more than 1.8 million tokens since launching in January. Tron Founder Justin Sun has been posting intensively on X about SunPump over the past few days and even added a link to the memecoin generator in his profile bio.  “Tomorrow, a new version of @sunpumpmeme will be launched, significantly improving stability. The data discrepancies and K-line issues everyone reported will also be fully resolved. TO THE SUN,” Sun wrote in a post. The price of Tron’s TRX token slid 4.25% over the past 24 hours to change hands at $0.15, but it has risen 15.56% during the past week, according to The Block’s price page. Its market cap now stands at $13.3 billion. @khannamirr #TRONNetwork's #JustinSun #MemeCoinsToTheMoon #Write2Earn! #BinanceSquareFamily

#BinanceLaunchpoolDOGS #BinanceLaunchpoolDOGS #LowestCPI2021 #PowellAtJacksonHole P2P (Peer-to-Peer) scams on Binance or other platforms typically involve fraudulent individuals posing as legitimate buyers or sellers. They aim to deceive and steal funds or personal information. Here are some common P2P scams and tips to recognize scammers: *Common Scams:* 1. *Fake Payment Scam*: Scammers claim to have made a payment but never actually do. 2. *Double Funding Scam*: Scammers ask for payment via multiple channels, claiming it's a "requirement." 3. *Identity Theft Scam*: Scammers request personal info, claiming it's needed for the transaction. 4. *Phishing Scam*: Scammers send fake links or messages to steal login credentials. *Red Flags:* 1. *Urgent or aggressive behavior* 2. *Unusual payment methods or requests* 3. *Inconsistencies in communication or profiles* 4. *Requests for personal or sensitive information* 5. *Unverified or new accounts* *Protect Yourself:* 1. *Verify buyer/seller profiles and ratings* 2. *Use secure payment methods (e.g., bank transfers)* 3. *Be cautious of unusually high or low prices* 4. *Communicate through official platforms (e.g., Binance P2P chat)* 5. *Report suspicious activity to Binance support* Remember, if a deal seems too good (or bad) to be true, it probably is. Always prioritize caution and follow best practices to avoid falling victim to P2P scams.

**🚀 Ethereum's Dencun Upgrade: A Bot Bonanza?** - **Transaction Turmoil**: Since Ethereum's Dencun upgrade in March, transaction failures on layer-2 networks have skyrocketed. Blame it on the bots! - **Bot Brigade**: Galaxy's Christine Kim reports that low fees have attracted bots like bees to honey, causing failure rates to soar. Base hit a whopping 21%, Arbitrum 15.4%, and OP Mainnet 10.4%. - **Double Trouble**: Daily transactions doubled post-upgrade, but so did the failures. High-activity addresses (a.k.a. bots) saw failure rates up to 41.6%. - **Solana's Saga**: Even Solana isn't spared, with 25%-45% of non-vote transaction fees going to failed transactions. Stay tuned for more blockchain shenanigans!

🚀 **Ethereum's Dencun Upgrade: A Bot-tastic Adventure!** 🤖 Hold onto your crypto wallets, folks! Ethereum's Dencun upgrade in March, aimed at reducing fees, has inadvertently turned Layer-2 networks into a bot playground. 🕹️ Galaxy researcher Christine Kim's deep dive reveals that since the upgrade, transaction failures have spiked, with bots leading the charge. High-activity addresses are seeing failure rates as high as 41.6% on Base and 20.87% on Arbitrum. But hey, it's not all doom and gloom! Lower activity addresses face much lower failure rates. So, are bots a blessing or a curse? Drop your thoughts in the comments! 💬 #Ethereum #CryptoNews #Blockchain

**News Flash: Ethereum's Dencun Upgrade Sparks Layer-2 Transaction Failures** Ethereum's Dencun upgrade in March, aimed at reducing fees, has inadvertently led to a spike in transaction failures on layer-2 networks, according to a Galaxy research report. - **Key Findings**: - Post-upgrade, daily transactions on Ethereum L2s doubled to 6.65 million. - Transaction failures surged, driven mainly by bot activity exploiting lower fees. - Base network saw failure rates up to 21%, Arbitrum 15.4%, and OP Mainnet 10.4%. - **Bot Activity**: - High-activity addresses (100+ transactions/day) faced failure rates of 41.6% on Base. - Lower activity addresses (≤5 transactions/day) had a max failure rate of 4%. - **Other Networks**: - Solana also reported high failure rates, with 25%-45% of non-vote transaction fees spent on failed transactions. Despite the setbacks, some experts argue that bots contribute to market liquidity and efficiency. The Dencun upgrade introduced data blobs (proto-danksharding) via EIP-4844, easing data storage burdens but also triggering these unintended consequences.

FBI to Use NFTs to Reach Clucoin Victims

SEC Opposes Hex Founder Richard Heart’s Bid to Dismiss Case

Bitcoin’s Dominance Soars to 56% As Long-Term Holders Maintain Strong Conviction

Malaysia Crushes Nearly 1,000 Bitcoin Mining Rigs in Ongoing Crackdown on Illegal Crypto Operations

Uxer Network Layer 1 Blockchain

Why bitcoin mining pools are losing profitability in today’s market As bitcoin mining transitions from a small-scale operation to a large-scale industry, the balance between decentralization and centralization is becoming increasingly critical. In a recent discussion, Roundtable anchor, Rob Nelson, joined by Nick Hansen, CEO of Luxor, and Sam Price, Host of Crypto Lifer, delved into the complexities of this evolving sector. Nelson kicks off the conversation by reflecting on the rapid evolution of bitcoin mining, from hobbyists using laptops to massive, publicly traded companies like Marathon Digital Holdings. He notes that mining pools play a crucial role in maintaining decentralization, yet questions their profitability in an increasingly competitive environment. Hansen agreed, providing a candid assessment of the state of mining pools today. He reveals that while Luxor is primarily known for its bitcoin mining pool, it is no longer the company's main focus. Hansen emphasized that running a mining pool is not an overwhelmingly profitable venture, likening it to a "loss center" rather than a standalone business. Instead, Luxor has diversified into other, more lucrative areas such as mining machine brokerage, ASIC trading, and financial products that help miners hedge their risks. Hansen further explains that the commoditization of mining pools has made them less attractive as standalone businesses. He cautions that even large mining companies, like MARA, face significant volatility and challenges in this space. While maintaining a mining pool is essential for companies like Luxor to support their broader ecosystem, Hansen advises against viewing it as a profitable enterprise. The focus, he argues, should be on building a comprehensive suite of services that add value beyond just mining. Nelson then turned to Sam Price, seeking his perspective on the centralization in bitcoin mining. Price acknowledges the challenges but highlights the long-term potential of bitcoin mining, especially for those committed to supporting the network.

🚀Justin Sun Predicts $4 Billion Revenue Boost for TRON with Meme Strategy! 🤑 TRON's founder, Justin Sun, has made a bold prediction that could shake up the crypto world! According to Sun, the TRON network could see its revenue soar to $4 billion within the next year, thanks to a strategic focus on meme coins. If this meme strategy takes off, it could lead to a massive revenue boost, setting TRON apart from its competitors! [Click here And Vote](https://app.binance.com/uni-qr/cpro/Trade-station-466078202?l=en&r=23678121&uc=web_square_share_link&us=copylink) Key Highlights: - Revenue Surge: Sun projects TRON’s total revenue could hit $3 billion in the next 12 months, with $1 billion burned and $2 billion distributed as rewards to stakers and transaction subsidies. If the meme strategy succeeds, revenue could jump to $4 billion! 📈 - Record-Breaking Daily Revenue: TRON recently hit an all-time high daily revenue of $5.33 million, surpassing giants like Ethereum and Solana. 💥 - SunPump Memecoin Deployer: TRON’s fee surge is largely attributed to the recent launch of the SunPump memecoin deployer, which outperformed its Solana counterpart in daily activity and revenue. USDD Stablecoin Enhancements: - Sun has also revealed plans to make TRON's decentralized USDD stablecoin more competitive. Despite recent controversies, USDD is backed by $1.7 billion in TRX tokens and $18.3 million USDT, with a total supply of $744 million. Sun aims to upgrade USDD to rival top decentralized stablecoins like MakerDAO's DAI. Could TRON's meme strategy and stablecoin upgrades lead to massive gains? Stay tuned to see if Justin Sun's ambitious vision becomes a reality! 🌟 #MtGoxRepayments #BinanceLaunchpoolDOGS #MemeCoins

U.S. Bitcoin Spot ETF Sees Inflows For Six Consecutive Trading Days

A former Kansas bank CEO, identified as Johnny L. Wood, has been sentenced to 24 years in federal ..