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"Bitcoin's Bright Future: Hedge Fund Manager Predicts Explosive Growth" Renowned hedge fund manager Mark Yusko has ignited optimism in the cryptocurrency community with his bullish outlook on Bitcoin's trajectory. In an insightful interview on CNBC, Yusko, CEO of Morgan Creek Capital Management, shared his confident predictions for the digital asset, dubbing it "the dominant token" and "a better form of gold." Yusko foresees Bitcoin's ongoing rally as just the beginning of a monumental journey. Citing historical patterns post-halving, he anticipates a surge in demand and price appreciation, projecting Bitcoin's value to potentially reach $150,000. This bullish sentiment is further fueled by the imminent halving, slated around April 20, which is expected to decrease the daily supply of new coins from 900 to 450. Drawing from his extensive experience, Yusko elucidated that the peak in Bitcoin's price typically occurs approximately nine months post-halving, heralding a period of heightened demand and exponential growth. As investors brace for this impending boom, Yusko emphasized Bitcoin's supremacy in the crypto realm, asserting, "Bitcoin's the king." Despite his optimism for Bitcoin, Yusko also shed light on alternative investment opportunities within the crypto space, highlighting Ethereum, Solana, and Avalanche as promising assets. However, he cautioned against investing in related stocks and companies, citing challenging valuation levels. As Yusko's insights reverberate throughout the crypto community, investors are urged to stay informed and vigilant. By following market trends and exercising prudent decision-making, individuals can navigate the dynamic landscape of cryptocurrency with confidence. Additionally, if you found this information valuable, consider tipping or supporting the creators and analysts who tirelessly work to provide you with accurate and impactful insights. Together, we can harness the transformative potential of cryptocurrency and shape a brighter future for all.$BTC #NewsofCrypto
"Bitcoin's Bright Future: Hedge Fund Manager Predicts Explosive Growth"

Renowned hedge fund manager Mark Yusko has ignited optimism in the cryptocurrency community with his bullish outlook on Bitcoin's trajectory. In an insightful interview on CNBC, Yusko, CEO of Morgan Creek Capital Management, shared his confident predictions for the digital asset, dubbing it "the dominant token" and "a better form of gold."

Yusko foresees Bitcoin's ongoing rally as just the beginning of a monumental journey. Citing historical patterns post-halving, he anticipates a surge in demand and price appreciation, projecting Bitcoin's value to potentially reach $150,000. This bullish sentiment is further fueled by the imminent halving, slated around April 20, which is expected to decrease the daily supply of new coins from 900 to 450.

Drawing from his extensive experience, Yusko elucidated that the peak in Bitcoin's price typically occurs approximately nine months post-halving, heralding a period of heightened demand and exponential growth. As investors brace for this impending boom, Yusko emphasized Bitcoin's supremacy in the crypto realm, asserting, "Bitcoin's the king."

Despite his optimism for Bitcoin, Yusko also shed light on alternative investment opportunities within the crypto space, highlighting Ethereum, Solana, and Avalanche as promising assets. However, he cautioned against investing in related stocks and companies, citing challenging valuation levels.

As Yusko's insights reverberate throughout the crypto community, investors are urged to stay informed and vigilant. By following market trends and exercising prudent decision-making, individuals can navigate the dynamic landscape of cryptocurrency with confidence.

Additionally, if you found this information valuable, consider tipping or supporting the creators and analysts who tirelessly work to provide you with accurate and impactful insights. Together, we can harness the transformative potential of cryptocurrency and shape a brighter future for all.$BTC
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January 7 Here's what's happening in the crypto and finance world today: #NewsofCrypto - Ethereum validator exit procession spikes. - Nigeria’s central bank greenlights cNGN stablecoin to launch in February. - @Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU. - VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers. - BlackRock expect a positive nod from SEC for ETF by Wednesday. - Solana degenerates trading bot "bonkbot" crashes. - Visa pilots Web3 customer loyalty platform. - Berkshire Hathaway Specialty Insurance adopts blockchain for multinational business. - CelsiusNetwork started unstaking and rebalancing assets. - Vechainofficial partners with BCG. - @Bitmex sending physical Bitcoin to the moon #Projects - Getgrass_io made some changes to their points program - Starknet voting on launching their mainnet - Whalesmarket introduces Point Marketplace - Thorchain releases 2024 Q1 roadmap - MantaNetwork announces airdrop for testnet participants - Zilbridge paused due to some issues - Update on @layer3xyz on their v2 - Aevoxyz adds $DYM prelaunch perps - GammaStrategies port-mortem & remediation plan - Synthetix_Io Andromeda Release details about buyback-and-burn - FantomFDN reduces validator self-stake requirement - LyraFinance upgrading Lyra Chain - Uniswap introduces EIP-6963 support - RepublicNote announces that they will launch on Avax - Azuki hints about potential $ANIME token for NFT holders - Arpaofficial introduces Randcast - Bakery_swap launching on MantaNetwork - Proposal for Injective_ Volan Mainnet live. #launches AI Bitcoin Auction | [Live, Eth] Website Florence Finance TGE | [Live, Arbitrum] Website CakePie IDO | [Live, BSC] Website #projectreview IERC-20 | Ethereum | Inscriptions Ridotto | Casino Phyken Network | Polkadot | L1,RWA Tornado Blast | Blast | Trading Bots zkZorro | zkSync | Memecoin Agnus Chain | AI,L1 Weeb3 Foundation Met Lab | Metis | Money Market Sunodo | Rollup,Service @Binance_News
January 7

Here's what's happening in the crypto and finance world today:

#NewsofCrypto
- Ethereum validator exit procession spikes.
- Nigeria’s central bank greenlights cNGN stablecoin to launch in February.
- @Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU.
- VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers.
- BlackRock expect a positive nod from SEC for ETF by Wednesday.
- Solana degenerates trading bot "bonkbot" crashes.
- Visa pilots Web3 customer loyalty platform.
- Berkshire Hathaway Specialty Insurance adopts blockchain for multinational business.
- CelsiusNetwork started unstaking and rebalancing assets.
- Vechainofficial partners with BCG.
- @Bitmex sending physical Bitcoin to the moon

#Projects
- Getgrass_io made some changes to their points program
- Starknet voting on launching their mainnet
- Whalesmarket introduces Point Marketplace
- Thorchain releases 2024 Q1 roadmap
- MantaNetwork announces airdrop for testnet participants
- Zilbridge paused due to some issues
- Update on @layer3xyz on their v2
- Aevoxyz adds $DYM prelaunch perps

- GammaStrategies port-mortem & remediation plan
- Synthetix_Io Andromeda Release details about buyback-and-burn
- FantomFDN reduces validator self-stake requirement
- LyraFinance upgrading Lyra Chain
- Uniswap introduces EIP-6963 support
- RepublicNote announces that they will launch on Avax
- Azuki hints about potential $ANIME token for NFT holders
- Arpaofficial introduces Randcast
- Bakery_swap launching on MantaNetwork
- Proposal for Injective_ Volan Mainnet live.

#launches
AI Bitcoin Auction | [Live, Eth]
Website

Florence Finance TGE | [Live, Arbitrum]
Website

CakePie IDO | [Live, BSC]
Website

#projectreview
IERC-20 | Ethereum | Inscriptions

Ridotto | Casino

Phyken Network | Polkadot | L1,RWA

Tornado Blast | Blast | Trading Bots

zkZorro | zkSync | Memecoin

Agnus Chain | AI,L1

Weeb3 Foundation

Met Lab | Metis | Money Market

Sunodo | Rollup,Service
@Binance News
What are the latest news of cryptos this week? The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large. Bitcoin ETF: All eyes on the SEC: The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices. Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal. Gensler issues warning: Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing. Other news: Bitcoin price fluctuates: Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off. Solana rebound: Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors. Mysterious Bitcoin transaction: A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin. Resources: * CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/) * Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/) * FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies) * CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/) Thank you for passing by and reading. Have a great day. #BTC #sol #NewsofCrypto #CryptoNewsLand
What are the latest news of cryptos this week?

The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.

Bitcoin ETF:

All eyes on the SEC:
The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.

Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.

Gensler issues warning:
Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.

Other news:

Bitcoin price fluctuates:
Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.

Solana rebound:
Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.

Mysterious Bitcoin transaction:
A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.

Resources:

* CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/)
* Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/)
* FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies)
* CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/)

Thank you for passing by and reading.
Have a great day.

#BTC #sol #NewsofCrypto #CryptoNewsLand
Breaking🚨: Terra LUNA Plunges 10% After Crypto.com's Shock Delisting Bombshell! In a surprising move, Crypto.com has sent shockwaves through the crypto community by delisting Terra LUNA, causing the token to tumble nearly 10% in value. The announcement, made by the popular exchange today, left investors on the edge of their seats, reflecting the uncertainty surrounding the decision.LUNA and its counterpart, LUNA Classic, both experienced a significant drop in value, leaving traders pondering their next move in the market. The 12% decrease in the 24-hour trading volume for both tokens only added to the sense of caution, indicating a noticeable retreat in market activity surrounding these assets.Responding swiftly to the unfolding situation, Crypto.com has implemented a series of decisive actions to safeguard its users and navigate the risks associated with the delisting. Among the key measures taken is the suspension of trading for not only LUNA but also MIR and ANC on both the Crypto.com app and exchange platforms.In a bid to further protect users, Crypto.com has halted new earn deposits and loans for LUNA, creating a shield against potential risks. While these actions may sound drastic, existing LUNA Earn deposits remain unaffected, providing a stable haven for current investors amidst the storm.The suspension extends beyond trading, impacting deposits and withdrawals for various tokens, including Terra native and Cronos CRC20 LUNA, Ethereum Mainnet ERC20 and Cronos CRC20 MIR, and LUNA and ANC Perps. This comprehensive approach comes in the wake of the LUNA blockchain's current inactivity, a result of a decision by its validators.To add another layer of caution, Crypto.com has put a halt to all dollar-cost averaging (DCA) trading bots for LUNA on its exchange. This move underscores the exchange's commitment to managing ongoing volatility responsibly and ensuring the safety of its users in these unpredictable times.While the crypto market is no stranger to twists and turns, the delisting of Terra LUNA by Crypto.com has undoubtedly stirred the pot. As investors brace for potential aftershocks, only time will tell how this bold move will impact the broader crypto landscape.$LUNA #NewsofCrypto #newsTrading

Breaking🚨: Terra LUNA Plunges 10% After Crypto.com's Shock Delisting Bombshell!

In a surprising move, Crypto.com has sent shockwaves through the crypto community by delisting Terra LUNA, causing the token to tumble nearly 10% in value. The announcement, made by the popular exchange today, left investors on the edge of their seats, reflecting the uncertainty surrounding the decision.LUNA and its counterpart, LUNA Classic, both experienced a significant drop in value, leaving traders pondering their next move in the market. The 12% decrease in the 24-hour trading volume for both tokens only added to the sense of caution, indicating a noticeable retreat in market activity surrounding these assets.Responding swiftly to the unfolding situation, Crypto.com has implemented a series of decisive actions to safeguard its users and navigate the risks associated with the delisting. Among the key measures taken is the suspension of trading for not only LUNA but also MIR and ANC on both the Crypto.com app and exchange platforms.In a bid to further protect users, Crypto.com has halted new earn deposits and loans for LUNA, creating a shield against potential risks. While these actions may sound drastic, existing LUNA Earn deposits remain unaffected, providing a stable haven for current investors amidst the storm.The suspension extends beyond trading, impacting deposits and withdrawals for various tokens, including Terra native and Cronos CRC20 LUNA, Ethereum Mainnet ERC20 and Cronos CRC20 MIR, and LUNA and ANC Perps. This comprehensive approach comes in the wake of the LUNA blockchain's current inactivity, a result of a decision by its validators.To add another layer of caution, Crypto.com has put a halt to all dollar-cost averaging (DCA) trading bots for LUNA on its exchange. This move underscores the exchange's commitment to managing ongoing volatility responsibly and ensuring the safety of its users in these unpredictable times.While the crypto market is no stranger to twists and turns, the delisting of Terra LUNA by Crypto.com has undoubtedly stirred the pot. As investors brace for potential aftershocks, only time will tell how this bold move will impact the broader crypto landscape.$LUNA #NewsofCrypto #newsTrading
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NEWS Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto Index As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships. #NewsofCrypto
NEWS

Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto Index

As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships.
#NewsofCrypto
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What makes this year's bull run different is the launch of a spot Bitcoin ETF on US stock exchanges marks a significant milestone for the cryptocurrency sector. Unlike futures-based Bitcoin ETFs, which have been available in some jurisdictions, a spot Bitcoin ETF allows investors to gain exposure to actual Bitcoin without directly owning or storing the cryptocurrency themselves. The introduction of a spot Bitcoin ETF on US stock exchanges opens up the cryptocurrency market to a broader range of investors, including institutional and retail investors who may prefer to invest through traditional brokerage accounts. This development can potentially lead to increased liquidity, price discovery, and overall market maturity for Bitcoin and the broader cryptocurrency market. Additionally, the approval and launch of a spot Bitcoin ETF in the US signal a growing acceptance and recognition of Bitcoin as a legitimate asset class by regulatory authorities and traditional financial institutions. This could pave the way for further mainstream adoption and investment in cryptocurrencies in the future. $BTC #news2024 #newsdaily #NewsUpdated #NewsofCrypto #newbieTrader
What makes this year's bull run different is the launch of a spot Bitcoin ETF on US stock exchanges marks a significant milestone for the cryptocurrency sector. Unlike futures-based Bitcoin ETFs, which have been available in some jurisdictions, a spot Bitcoin ETF allows investors to gain exposure to actual Bitcoin without directly owning or storing the cryptocurrency themselves.

The introduction of a spot Bitcoin ETF on US stock exchanges opens up the cryptocurrency market to a broader range of investors, including institutional and retail investors who may prefer to invest through traditional brokerage accounts. This development can potentially lead to increased liquidity, price discovery, and overall market maturity for Bitcoin and the broader cryptocurrency market.

Additionally, the approval and launch of a spot Bitcoin ETF in the US signal a growing acceptance and recognition of Bitcoin as a legitimate asset class by regulatory authorities and traditional financial institutions. This could pave the way for further mainstream adoption and investment in cryptocurrencies in the future.

$BTC #news2024 #newsdaily #NewsUpdated #NewsofCrypto #newbieTrader
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ABOUT BITCOIN ‼️
It's fascinating to see how Bitcoin's price behavior has unfolded, particularly around its halving events. Historically, Bitcoin has indeed experienced significant price increases following each halving event due to the reduction in the rate of new supply entering the market.
The fact that Bitcoin surpassed its previous peak in 2021 before the halving in 2020 and continued to set new highs, reaching above $73,777 in 2024, demonstrates the growing adoption and interest in Bitcoin as a store of value and investment asset. This trend showcases the resilience and potential of Bitcoin to continue appreciating in value over time, despite market fluctuations and economic uncertainties.
$BTC
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Crypto's Nazi problem: With few rules to stop them, white supremacists fundraise for hateDomestic extremists who receive and send money via cryptocurrency are using major online exchange companies, and those platforms put almost no limits on the activities of hate groups or their sympathizers.That’s the key finding of a new report from the Anti-Defamation League’s Center on Extremism, provided exclusively to USA TODAY. The advocacy organization found users sent money to white supremacist and neo-Nazi groups including the Goyim Defense League, NSC-131 and the National Socialist Movement, and to online extremist propaganda outlets like Counter-Currents and Radio Albion, all using major cryptocurrency exchanges. The report focuses on only a small number of extremists and extremist groups, which the ADL said it could track because they had posted their cryptocurrency information publicly. But it raises larger questions about the extent to which extremists thrive on cryptocurrency without significant pushback. Those groups have been subject to “deplatforming” or constraints in other areas of online technology where they once flourished, such as social media platforms and payment apps. The ADL says cryptocurrency exchanges – which transfer funds that can then flow untracked into private bank accounts – merit similar scrutiny. The ADL tracked 15 extremist individuals and organizations that last year moved cryptocurrency into or out of 22 service providers, including mainstream companies like Binance and Coinbase, the report said. That represents a small sample of the hundreds of extremists and groups the ADL is monitoring.As of Dec. 1, 2023, only one of those service providers has an explicit policy banning the funding of hateful or extremist activity, the ADL report says. Though several other providers prohibit hateful or extremist postings on their sites, they don’t specifically prohibit extremists using their platforms to raise money for their activities, the ADL report concludes. Cryptocurrency experts say they are seeing an increase in transactions from known extremists.“Extremists, terrorists and criminals of all stripes seem to be turning increasingly to cryptocurrency exchanges for raising, transferring and disseminating funds,” said Eswar Prasad, a Cornell University professor and author of “The Future of Money.”It’s impossible to know what these extremists eventually spent this money on, just as it’s hard to tell how many fringe groups are reaping windfalls from cryptocurrencies. Cryptocurrency experts say they are seeing an increase in transactions from known extremists.“Extremists, terrorists and criminals of all stripes seem to be turning increasingly to cryptocurrency exchanges for raising, transferring and disseminating funds,” said Eswar Prasad, a Cornell University professor and author of “The Future of Money.”It’s impossible to know what these extremists eventually spent this money on, just as it’s hard to tell how many fringe groups are reaping windfalls from cryptocurrencies. As antisemitic incidents, hate crimes and other acts of hatred surge in the U.S, Jonathan Greenblatt, ADL’s CEO, says cryptocurrency’s laissez faire approach poses a significant danger. He called on exchanges to develop policies that counter the financing of hate and extremism and on regulators to provide guidance to the industry.As antisemitic incidents, hate crimes and other acts of hatred surge in the U.S, Jonathan Greenblatt, ADL’s CEO, says cryptocurrency’s laissez faire approach poses a significant danger. He called on exchanges to develop policies that counter the financing of hate and extremism and on regulators to provide guidance to the industry.“It is more important than ever to identify and disrupt the funding underpinning hateful actors and their bigotry,” Greenblatt told USA TODAY in a statement. “The surge in hate demands not just awareness but uncompromising action to dismantle the financial infrastructure that fuels extremist agendas.”Representatives of the Goyim Defense League and the National Socialist Movement did not respond to requests for comment for this story. Cryptocurrency emerged as a safe haven for white supremacists and other extremists after a crackdown by internet payment processors such as like Stripe and PayPal following the deadly white supremacist rally in Charlottesville, Virginia, in August 2017. Far-right agitators have pushed back against “debanking” − turning off the financial spigot because of extremist speech or activities − and say it violates their free speech rights.Christopher Pohlhaus, who runs a Northeastern U.S. neo-Nazi group and has marched with NSC-131, told USA TODAY the ADL “would try to get us banned from a racquetball tournament.”#CryptoNazi #news #cryptonews #NewsofCrypto #newsTrading

Crypto's Nazi problem: With few rules to stop them, white supremacists fundraise for hate

Domestic extremists who receive and send money via cryptocurrency are using major online exchange companies, and those platforms put almost no limits on the activities of hate groups or their sympathizers.That’s the key finding of a new report from the Anti-Defamation League’s Center on Extremism, provided exclusively to USA TODAY. The advocacy organization found users sent money to white supremacist and neo-Nazi groups including the Goyim Defense League, NSC-131 and the National Socialist Movement, and to online extremist propaganda outlets like Counter-Currents and Radio Albion, all using major cryptocurrency exchanges. The report focuses on only a small number of extremists and extremist groups, which the ADL said it could track because they had posted their cryptocurrency information publicly. But it raises larger questions about the extent to which extremists thrive on cryptocurrency without significant pushback. Those groups have been subject to “deplatforming” or constraints in other areas of online technology where they once flourished, such as social media platforms and payment apps. The ADL says cryptocurrency exchanges – which transfer funds that can then flow untracked into private bank accounts – merit similar scrutiny. The ADL tracked 15 extremist individuals and organizations that last year moved cryptocurrency into or out of 22 service providers, including mainstream companies like Binance and Coinbase, the report said. That represents a small sample of the hundreds of extremists and groups the ADL is monitoring.As of Dec. 1, 2023, only one of those service providers has an explicit policy banning the funding of hateful or extremist activity, the ADL report says. Though several other providers prohibit hateful or extremist postings on their sites, they don’t specifically prohibit extremists using their platforms to raise money for their activities, the ADL report concludes. Cryptocurrency experts say they are seeing an increase in transactions from known extremists.“Extremists, terrorists and criminals of all stripes seem to be turning increasingly to cryptocurrency exchanges for raising, transferring and disseminating funds,” said Eswar Prasad, a Cornell University professor and author of “The Future of Money.”It’s impossible to know what these extremists eventually spent this money on, just as it’s hard to tell how many fringe groups are reaping windfalls from cryptocurrencies. Cryptocurrency experts say they are seeing an increase in transactions from known extremists.“Extremists, terrorists and criminals of all stripes seem to be turning increasingly to cryptocurrency exchanges for raising, transferring and disseminating funds,” said Eswar Prasad, a Cornell University professor and author of “The Future of Money.”It’s impossible to know what these extremists eventually spent this money on, just as it’s hard to tell how many fringe groups are reaping windfalls from cryptocurrencies. As antisemitic incidents, hate crimes and other acts of hatred surge in the U.S, Jonathan Greenblatt, ADL’s CEO, says cryptocurrency’s laissez faire approach poses a significant danger. He called on exchanges to develop policies that counter the financing of hate and extremism and on regulators to provide guidance to the industry.As antisemitic incidents, hate crimes and other acts of hatred surge in the U.S, Jonathan Greenblatt, ADL’s CEO, says cryptocurrency’s laissez faire approach poses a significant danger. He called on exchanges to develop policies that counter the financing of hate and extremism and on regulators to provide guidance to the industry.“It is more important than ever to identify and disrupt the funding underpinning hateful actors and their bigotry,” Greenblatt told USA TODAY in a statement. “The surge in hate demands not just awareness but uncompromising action to dismantle the financial infrastructure that fuels extremist agendas.”Representatives of the Goyim Defense League and the National Socialist Movement did not respond to requests for comment for this story. Cryptocurrency emerged as a safe haven for white supremacists and other extremists after a crackdown by internet payment processors such as like Stripe and PayPal following the deadly white supremacist rally in Charlottesville, Virginia, in August 2017. Far-right agitators have pushed back against “debanking” − turning off the financial spigot because of extremist speech or activities − and say it violates their free speech rights.Christopher Pohlhaus, who runs a Northeastern U.S. neo-Nazi group and has marched with NSC-131, told USA TODAY the ADL “would try to get us banned from a racquetball tournament.”#CryptoNazi #news #cryptonews #NewsofCrypto #newsTrading
Weekly Crypto News: Mempool Solana Shuts Down, WhiteBIT And FC Barcelona Launch New Course And MoreThe cryptocurrency market is constantly evolving. Every day, new integrations, updates, and other important events take place that bring the industry to a new level. Today, we are going to look at the most relevant crypto news that has happened recently. Ethereum Dencun Update Launched On March 13, the long-awaited Ethereum Dencun update was released, which attracted the attention of the crypto industry. The majority of the crypto community hopes that this update will be an important step for layer-2 networks, as it will significantly reduce transaction fees and increase Ethereum’s scalability. A post by the IntoTheBlock on X shows that, except for Ethereum, the other three networks will experience a decrease in the cost of gas after the update is launched. According to the forecasts, the projected price of Ethereum gas may remain unchanged at $18.75, which will provide stability for users and developers of the blockchain network. However, it is expected that the impact on other L2 platforms will be significant, as the projected price of gas on them will decrease significantly. Source: IntoTheBlock/X The Dencun hard fork contains 9 different suggestions for improving the blockchain. One of the most famous is the one that contributed to the launch of Uniswap v4, the long-awaited update to the popular decentralized exchange platform. In addition, EIP-4844 guarantees a significant improvement in Ethereum’s scalability by introducing blockchain transactions specifically designed for the layer 2 (L2) networks that benefit from it. And EIP-4788 focuses on strengthening the connection between Ethereum’s executive and consensus layers, which has the potential to improve network reliability and optimize the performance of staking pools. The update is expected to not only increase the efficiency and scalability of the blockchain, but also lead to an increase in the price of ETH and other tokens associated with L2 projects. This could trigger a new wave of investment in the Ethereum ecosystem, further strengthening its position as the foundation of decentralized finance. London Stock Exchange Accepts Applications For Bitcoin ETNs On Monday, the London Stock Exchange (LSE) announced that it will start accepting applications for Bitcoin and Ethereum exchange-traded notes (ETNs) in the second quarter of 2024. The exact launch date will be confirmed later. The statement said that the exchange will accept applications in accordance with the newsletter. “In order to mitigate the risk of delay in the admission timetable, the Exchange encourages early engagement from prospective issuers interested in admitting Crypto ETNs to trading on the Exchange,” the LSE added in the admission fact sheet. In additional, the exchange noted that cryptocurrency ETNs will only be available to professional investors. They stated that the notes must be: Non-leveraged and backed by Bitcoin or Ethereum;The underlying crypto assets must be at least 90% held in cold wallets or something similar;Held by a custodian that is subject to anti-money laundering laws in the UK, EU, Switzerland or the US. Interestingly, this statement was made at a time when Bitcoin surpassed the $71,000 mark for the first time, rising by almost 70% this year amid massive investment in US exchange-traded funds. WhiteBIT In Partnership With FC Barcelona Announced A New Educational Course As part of its cooperation with FC Barcelona, WhiteBIT has announced the launch of a new educational program dedicated to blockchain technology and cryptocurrencies. The course is available on the Barça Innovation Hub platform, which is part of the football club’s ecosystem aimed at promoting modern technologies. Apart from constantly introducing new training courses for their users, the company also frequently conducts various events and new listings. For example, they recently announced a new pair for trading perpetual futures $HOT-$PERP. The goal of the course is to broaden the understanding of blockchain technologies and explore their practical application in life. The course explains in detail how sports and cryptocurrency intersect, as well as how it is being integrated into the industry. The curriculum covers the following topics: Digital asset classification, a detailed overview of Bitcoin and Ethereum;Tools for working with cryptocurrencies, including exchanges and wallets;Fundamentals of crypto trading;Integration of blockchain technologies into various industries on the example of the sports industry Practical cases from WhiteBIT reinforce the theoretical content of the course. The first training session started on 10 March 2024. New applications will be accepted every month, and the recommended study time is 6 to 8 hours per week. Barça Innovation Hub and WhiteBIT are also working on a scholarship program for students, which they will announce in the near future. Dubai Police Use Cardano Blockchain For Investigation The Dubai Police Force has unveiled a project based on the Cardano blockchain to store and transfer criminal investigation data. The project demonstration demonstrated the secure exchange of forensic data with international security agencies, highlighting the technology’s effectiveness in secure data management. According to GhostFund co-founder Chris Oh, the police’s choice to use Cardano highlights the potential of blockchain for secure and unbreakable data management. He noted that “blockchain ensures that data will not be tampered with and can be tracked by various stakeholders.” For example, the technology could make it easier for international parties to securely share sensitive forensic data. Omar Shands, a security expert, commented on the Dubai Police’s integration with Cardano, noting that blockchain is an extremely valuable tool that is becoming increasingly important in the security sector. Solana’s Mempool In Jito Stops Operations On Friday, the developer of the Solana client, Jito Labs, announced the decision to suspend mempool due to “negative externalities impacting users on Solana.” A mempool is a place where transactions are stored between sending and receiving. The basic Solana framework does not have a mempool, but the Jito team implemented their own based on Jito’s Block Engine. Thanks to this solution, traders on the network have the opportunity to configure bots so that they outperform other users’ trades and carry out “sandwich attacks”. A sandwich attack occurs when arbitrage bots trade against people whose transactions are in the mempool but have not yet been settled. Solana’s low commission made sandwiching too easy, and as a result, many users paid the price. In a statement to CoinDesk, team representative Lucas Bruder said that Jito has been trying to minimize the negative impact of MEV for several months. This included consulting with other protocols to detect trading bots and pricing mechanisms, but no suitable solution was found. “Additionally, we attempted to engineer solutions to reject sandwich bundles, but our solutions became a cat-and-mouse game with MEV searchers,” the statement said. “Ultimately the Jito Labs team views negative MEV, including sandwich attacks, as a drag on the Solana ecosystem, and in the absence of an engineering solution we have made the difficult decision to suspend the mempool. We remain dedicated to providing an additional revenue stream for validators and stakers in addition to making Solana the best execution environment for all users.” $ETH $ADA $SOL #NewsofCrypto #cardano #Solana🚀 #Ethereum Dencun Blockchain Layer2 CryptoNews

Weekly Crypto News: Mempool Solana Shuts Down, WhiteBIT And FC Barcelona Launch New Course And More

The cryptocurrency market is constantly evolving. Every day, new integrations, updates, and other important events take place that bring the industry to a new level. Today, we are going to look at the most relevant crypto news that has happened recently.
Ethereum Dencun Update Launched
On March 13, the long-awaited Ethereum Dencun update was released, which attracted the attention of the crypto industry. The majority of the crypto community hopes that this update will be an important step for layer-2 networks, as it will significantly reduce transaction fees and increase Ethereum’s scalability.
A post by the IntoTheBlock on X shows that, except for Ethereum, the other three networks will experience a decrease in the cost of gas after the update is launched.
According to the forecasts, the projected price of Ethereum gas may remain unchanged at $18.75, which will provide stability for users and developers of the blockchain network. However, it is expected that the impact on other L2 platforms will be significant, as the projected price of gas on them will decrease significantly.

Source: IntoTheBlock/X
The Dencun hard fork contains 9 different suggestions for improving the blockchain. One of the most famous is the one that contributed to the launch of Uniswap v4, the long-awaited update to the popular decentralized exchange platform.
In addition, EIP-4844 guarantees a significant improvement in Ethereum’s scalability by introducing blockchain transactions specifically designed for the layer 2 (L2) networks that benefit from it. And EIP-4788 focuses on strengthening the connection between Ethereum’s executive and consensus layers, which has the potential to improve network reliability and optimize the performance of staking pools.
The update is expected to not only increase the efficiency and scalability of the blockchain, but also lead to an increase in the price of ETH and other tokens associated with L2 projects. This could trigger a new wave of investment in the Ethereum ecosystem, further strengthening its position as the foundation of decentralized finance.
London Stock Exchange Accepts Applications For Bitcoin ETNs
On Monday, the London Stock Exchange (LSE) announced that it will start accepting applications for Bitcoin and Ethereum exchange-traded notes (ETNs) in the second quarter of 2024. The exact launch date will be confirmed later.
The statement said that the exchange will accept applications in accordance with the newsletter.
“In order to mitigate the risk of delay in the admission timetable, the Exchange encourages early engagement from prospective issuers interested in admitting Crypto ETNs to trading on the Exchange,” the LSE added in the admission fact sheet.
In additional, the exchange noted that cryptocurrency ETNs will only be available to professional investors. They stated that the notes must be:
Non-leveraged and backed by Bitcoin or Ethereum;The underlying crypto assets must be at least 90% held in cold wallets or something similar;Held by a custodian that is subject to anti-money laundering laws in the UK, EU, Switzerland or the US.
Interestingly, this statement was made at a time when Bitcoin surpassed the $71,000 mark for the first time, rising by almost 70% this year amid massive investment in US exchange-traded funds.
WhiteBIT In Partnership With FC Barcelona Announced A New Educational Course
As part of its cooperation with FC Barcelona, WhiteBIT has announced the launch of a new educational program dedicated to blockchain technology and cryptocurrencies. The course is available on the Barça Innovation Hub platform, which is part of the football club’s ecosystem aimed at promoting modern technologies.
Apart from constantly introducing new training courses for their users, the company also frequently conducts various events and new listings. For example, they recently announced a new pair for trading perpetual futures $HOT-$PERP.
The goal of the course is to broaden the understanding of blockchain technologies and explore their practical application in life. The course explains in detail how sports and cryptocurrency intersect, as well as how it is being integrated into the industry.
The curriculum covers the following topics:
Digital asset classification, a detailed overview of Bitcoin and Ethereum;Tools for working with cryptocurrencies, including exchanges and wallets;Fundamentals of crypto trading;Integration of blockchain technologies into various industries on the example of the sports industry
Practical cases from WhiteBIT reinforce the theoretical content of the course. The first training session started on 10 March 2024. New applications will be accepted every month, and the recommended study time is 6 to 8 hours per week. Barça Innovation Hub and WhiteBIT are also working on a scholarship program for students, which they will announce in the near future.
Dubai Police Use Cardano Blockchain For Investigation
The Dubai Police Force has unveiled a project based on the Cardano blockchain to store and transfer criminal investigation data. The project demonstration demonstrated the secure exchange of forensic data with international security agencies, highlighting the technology’s effectiveness in secure data management.
According to GhostFund co-founder Chris Oh, the police’s choice to use Cardano highlights the potential of blockchain for secure and unbreakable data management.
He noted that “blockchain ensures that data will not be tampered with and can be tracked by various stakeholders.” For example, the technology could make it easier for international parties to securely share sensitive forensic data.
Omar Shands, a security expert, commented on the Dubai Police’s integration with Cardano, noting that blockchain is an extremely valuable tool that is becoming increasingly important in the security sector.
Solana’s Mempool In Jito Stops Operations
On Friday, the developer of the Solana client, Jito Labs, announced the decision to suspend mempool due to “negative externalities impacting users on Solana.”
A mempool is a place where transactions are stored between sending and receiving. The basic Solana framework does not have a mempool, but the Jito team implemented their own based on Jito’s Block Engine.
Thanks to this solution, traders on the network have the opportunity to configure bots so that they outperform other users’ trades and carry out “sandwich attacks”. A sandwich attack occurs when arbitrage bots trade against people whose transactions are in the mempool but have not yet been settled. Solana’s low commission made sandwiching too easy, and as a result, many users paid the price.
In a statement to CoinDesk, team representative Lucas Bruder said that Jito has been trying to minimize the negative impact of MEV for several months.
This included consulting with other protocols to detect trading bots and pricing mechanisms, but no suitable solution was found.
“Additionally, we attempted to engineer solutions to reject sandwich bundles, but our solutions became a cat-and-mouse game with MEV searchers,” the statement said. “Ultimately the Jito Labs team views negative MEV, including sandwich attacks, as a drag on the Solana ecosystem, and in the absence of an engineering solution we have made the difficult decision to suspend the mempool. We remain dedicated to providing an additional revenue stream for validators and stakers in addition to making Solana the best execution environment for all users.”
$ETH $ADA $SOL #NewsofCrypto #cardano #Solana🚀 #Ethereum Dencun Blockchain Layer2 CryptoNews
#Write2Earn #NewsofCrypto I have seen many crypto prophets lately who claim to know the direction of the market. They have copied news, stories and insights. You may follow them but don't do directly what they say. #Doyourownresearch I think most of them if not all, are paid to spread the stories. These stories create false hope or panic causing the mass to trade in their favour or to those who sponsor them. Before you trade any news, remember that it is past information. Some people got hold of it days or hours before you do. The people who get such insights have big pockets. They will pay top notch influencers to misinform you and me. Just Do Your Own Research. If the real information would result to bullish, they will spread negative news of the market collapsing so that those holding can sell. Remember there are no bulls without the bears. For the market to rise there must exist both buyers and a sellers (Liquidity) Think about that. Happy Crypto Trading.
#Write2Earn #NewsofCrypto
I have seen many crypto prophets lately who claim to know the direction of the market. They have copied news, stories and insights. You may follow them but don't do directly what they say. #Doyourownresearch
I think most of them if not all, are paid to spread the stories. These stories create false hope or panic causing the mass to trade in their favour or to those who sponsor them.
Before you trade any news, remember that it is past information. Some people got hold of it days or hours before you do. The people who get such insights have big pockets. They will pay top notch influencers to misinform you and me. Just Do Your Own Research.
If the real information would result to bullish, they will spread negative news of the market collapsing so that those holding can sell. Remember there are no bulls without the bears. For the market to rise there must exist both buyers and a sellers (Liquidity)
Think about that.
Happy Crypto Trading.
ARB and TIA are working together the Cosmos chain has many benefits. Tokens like ATOM, INJ, LUNA are very popular and have high staking rewards. Which tokens do you stake and do you feel hyped about ARB and TIA? #write2earn🌐💹 #NewsofCrypto #Cosmos🥷 #hype
ARB and TIA are working together the Cosmos chain has many benefits. Tokens like ATOM, INJ, LUNA are very popular and have high staking rewards. Which tokens do you stake and do you feel hyped about ARB and TIA? #write2earn🌐💹 #NewsofCrypto #Cosmos🥷 #hype
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#BTC #NewsofCrypto $BTC Crypto Scam: Indian Engineer Loses $15,000 on Telegram Spot Bitcoin ETF Approved: Grayscale becomes biggest Winner. CoinGecko Hit by Phishing Scam; Users Warned of Fake Airdrop Elon Musk Says Open To The Idea Of Using Bitcoin Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval. Celsius creditors who withdrew 90 days before bankruptcy are asked to send money back Laser Digital unveils Polygon-powered Libre protocol for Brevan Howard funds Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store HK asset managers exploring potential spot crypto ETFs ThetanutsFi announces CoinList partnership and incentivized alpha campaign 🔥 GammaStrategies revised remediation plan WemixNetwork implement "Zero Minting" for their token eigenlayer to bring Cosmos and Ethereum together Fox Corporation collaborates with Polygon Labs to launch Verify base releases 2024 roadmap BananaGunBot removes token tax Introducing InfraredFinance on Berachain y2kfinance introduces Turbo Option Vaults ConicFinance v2 launch proposal That's it for now guys, hope you enjoyed the read. Don't forget to subscribe to this page and turn on the notification bell to stay well informed.
#BTC #NewsofCrypto $BTC
Crypto Scam: Indian Engineer Loses $15,000 on Telegram

Spot Bitcoin ETF Approved: Grayscale becomes biggest Winner.

CoinGecko Hit by Phishing Scam; Users Warned of Fake Airdrop

Elon Musk Says Open To The Idea Of Using Bitcoin

Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval.

Celsius creditors who withdrew 90 days before bankruptcy are asked to send money back

Laser Digital unveils Polygon-powered Libre protocol for Brevan Howard funds

Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store

HK asset managers exploring potential spot crypto ETFs

ThetanutsFi announces CoinList partnership and incentivized alpha campaign 🔥

GammaStrategies revised remediation plan

WemixNetwork implement "Zero Minting" for their token

eigenlayer to bring Cosmos and Ethereum together

Fox Corporation collaborates with Polygon Labs to launch Verify

base releases 2024 roadmap

BananaGunBot removes token tax

Introducing InfraredFinance on Berachain

y2kfinance introduces Turbo Option Vaults

ConicFinance v2 launch proposal

That's it for now guys, hope you enjoyed the read. Don't forget to subscribe to this page and turn on the notification bell to stay well informed.
#NewsUpdated The US Bitcoin Spot ETF has seen a sharp increase in weekly inflows, with a significant $2.5 billion on March 15. This growth shows a revival of confidence from Wall Street investors towards the cryptocurrency market. However, amid preparations for the Federal Open Market Committee (FOMC) meeting, concerns about a possible Bitcoin price correction have emerged due to recent market volatility. Bitcoin ETF inflows increased sharply, indicating interest from Wall Street. #NewsofCrypto #CFX #SHIB #ETH $BTC
#NewsUpdated

The US Bitcoin Spot ETF has seen a sharp increase in weekly inflows, with a significant $2.5 billion on March 15. This growth shows a revival of confidence from Wall Street investors towards the cryptocurrency market.
However, amid preparations for the Federal Open Market Committee (FOMC) meeting, concerns about a possible Bitcoin price correction have emerged due to recent market volatility. Bitcoin ETF inflows increased sharply, indicating interest from Wall Street.

#NewsofCrypto
#CFX
#SHIB
#ETH
$BTC
Could Cryptos survive challenges in the coming years? Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years: Challenges: - Regulation: Increased government scrutiny and regulations may impact adoption and hinder innovation within the space. - Sustainability: The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions. - Economic Downturns: If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens. - Fraud and Scams: Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption. Opportunities: - Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers. - Institutional Adoption: Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market. - Real-World Applications: Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility. - Decentralization: The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low. Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation. Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile. Thanks for passing by and reading. Good luck 🍀 always. Have a great time all of you. #Cryptocurrrency #NewsofCrypto
Could Cryptos survive challenges in the coming years?

Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years:

Challenges:

- Regulation:
Increased government scrutiny and regulations may impact adoption and hinder innovation within the space.

- Sustainability:
The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions.

- Economic Downturns:
If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens.

- Fraud and Scams:
Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption.

Opportunities:

- Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers.

- Institutional Adoption:
Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market.

- Real-World Applications:
Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility.

- Decentralization:
The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low.

Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation.

Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile.

Thanks for passing by and reading.
Good luck 🍀 always.
Have a great time all of you.

#Cryptocurrrency #NewsofCrypto
#BTC Bitcoin options traders are already locking in profits even before the Wednesday deadline by which the US Securities and Exchange Commission must decide if it will allow an exchange-traded fund to directly hold the digital asset. Market participants have seen a surge in the selling of short-term call option contracts over the last 24 hours. The put-to-call ratio for the contracts that will expire on Jan. 19 is now above 1 — much higher than two weeks ago, according to data compiled by Deribit, the largest crypto options exchange. #BTC #NewsofCrypto
#BTC Bitcoin options traders are already locking in profits even before the Wednesday deadline by which the US Securities and Exchange Commission must decide if it will allow an exchange-traded fund to directly hold the digital asset.

Market participants have seen a surge in the selling of short-term call option contracts over the last 24 hours. The put-to-call ratio for the contracts that will expire on Jan. 19 is now above 1 — much higher than two weeks ago, according to data compiled by Deribit, the largest crypto options exchange.

#BTC #NewsofCrypto
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BTC 1D Candle Closing Is Important, If It Closes Below Triangle, Then We Will See More Dump In Upcoming Days. So Hope It Closes Inside The Triangle So That We Can See Pump In Upcoming Days. Keep An Eye On 1D Candle Close👀 $BTC #BTC #etf #NewsofCrypto #NewsBTC #AnalyseBTC
BTC 1D Candle Closing Is Important, If It Closes Below Triangle, Then We Will See More Dump In Upcoming Days.

So Hope It Closes Inside The Triangle So That We Can See Pump In Upcoming Days.

Keep An Eye On 1D Candle Close👀
$BTC #BTC #etf #NewsofCrypto #NewsBTC #AnalyseBTC
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TIA Price Has Crashed 25% in April — Should You Really Buy the Dip
Celestia TIA price dip buy Read CoinChapter.com on Google News

NOIDA (CoinChapter.com) — Celestia (TIA) has not had a good 2024 so far, with the TIA price down more than 5% year-to-date on April 11. TIA prices have been in a downtrend since Feb. 2024.

Celestia bulls remained unimpressed with the project’s recent partnerships, repeating the token’s fortunes from January earlier this year when hype and partnerships failed to uplift TIA bull’s moods.

Celestia is a blockchain network that uses a modular approach to resolve scalability issues in traditional blockchains. The platform divides the responsibilities of execution and consensus to allow for more scalability and flexibility.

Interestingly, it is not like Celestia developers are just sitting around and doing nothing to bolster their token’s value. For instance, Celestia is one of the hosts of the Modular Dubai program during the Token2049 Dubai event.

Celestia Forms New Partnership

Celestia partnered with EthStorage to enhance Manta Network’s infrastructure to enhance efficiency and security. The collaboration would allow Celestia to bring its modular Data Availability (DA) solutions to the table.

Celestia claimed the partnership would equip Manta Network with the speed and cost-effectiveness usually associated with Layer-2 technologies, alongside improved security through decentralized Layer-2 state derivation.

EthStorage contributes its expertise in permanent data storage, utilizing Data Availability Sampling (DAS) for on-chain verification via SNARK proof. This partnership marks Manta Network as the first to utilize Celestia’s modular DA despite the recent downtrend in the market value of the MANTA token.

Celestia and EthStorage partnered with Manta Network.

This collaboration upgrades Manta Network’s technical capabilities and strategically leverages EthStorage’s data storage solution for a more secure, efficient, and robust blockchain ecosystem.

As the partnership unfolds, the focus will turn to the real-world improvements and innovations it introduces.

The Celestia team also organized real-life meetups, like the Modular Meetup in Vancouver, to expand its presence in the sector.

TIA Price Continues Downtrend

Despite all the partnerships and events, TIA price action has remained hopelessly mundane, with the Celestia token forming consecutive lower highs since Feb. 9 earlier this year. TIA price is down more than 14% WTD, dropping to a low near $11.2 on April 11.

If the downtrend continues, TIA price could drop to the support near $9.7.

TIAUSD daily price chart with RSI. Source: Tradingview.com

Moreover, breaching the immediate support would force the Celestia token price to test the 0.786 FIB support near $7.4 before recovering.

On the other hand, if TIA bulls manage to jumpstart a rally, the Celestia token price could rally to the 20-day EMA (red wave) resistance near $12.7.

Breaking above the immediate resistance would bring TIA’s price face to face with the 50-day (purple wave) and 100-day (blue wave) EMA resistance confluence near $14.7.

The RSI for TIA remained neutral, with a reading of 34.2 on the daily charts.

The post TIA Price Has Crashed 25% in April — Should You Really Buy The Dip appeared first on CoinChapter.
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