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Lightning Network value directly correlated to Bitcoin price: Report
Six Years Ago, Elon Musk Mentioned Bitcoin for the First Time... Witnessing 1000%+ Rise Since!
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🚨 Bitcoin’s Crossroads: Will It Break $70K or Face a Major Correction? 🚨
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🔹 Ethereum's Active Addresses Surge: Will Price Follow? 📊 Ethereum [ETH] is currently leading among Layer 1 (L1) and Layer 2 (L2) platforms in terms of active addresses. As of October 2024, there are over 5 million active addresses recorded across the Ethereum mainnet and its L2 networks. This growth is a significant indicator of Ethereum’s increasing dominance in the blockchain space. 📈 An analysis from IntoTheBlock shows that Ethereum is outpacing other networks in growth, with a notable rise in daily active addresses. Ethereum now holds a dominant position with its share of active addresses exceeding 40%. This surge is driven by the development and adoption of L2 networks like Arbitrum and Optimism. 💰 However, despite this increase in active addresses, Ethereum’s price movement has been modest. As of October 22, 2024, Ethereum is trading at $2,642, marking a slight decline of 0.85% in the last 24 hours. The price has been fluctuating within the $2,600 to $2,670 range, finding support near its 50-day moving average of $2,485. 📉 The Relative Strength Index (RSI) currently sits at 57.19, indicating neutral market momentum, while the Average True Range (ATR) of 96.16 shows a small uptick in volatility. These indicators suggest that external market factors and broader investor sentiment are playing a larger role in determining price action. 🚀 The increase in active addresses highlights Ethereum’s expanding ecosystem and growing demand. If Ethereum can maintain this momentum with continued adoption of Layer 2 networks and strong staking participation (over 34 million ETH currently staked), there is potential for the price to catch up to its on-chain growth. ⚠️ However, despite these positive signals, ETH’s price remains cautious. Technical indicators point to mixed signals, suggesting that while ETH’s network is flourishing, the market may be waiting for stronger catalysts to drive the price higher. $ETH #DYOR {spot}(ETHUSDT)
Bitcoin Key Indicator Improves As Spot ETFs Receive $2.1 Billion Weekly. A New ATH May Come
#Bitcoin is perfectly on schedule in comparison to the previous cycles We are about to create a MASSIVE move fueled by institutional money Don't panic if we drop 3%, but use these 'dips' as opportunities to position yourself before the big move is happening HODL & Wait !
Kripto Para Geleceği: Kripto paraların gelecekte daha fazla kabul göreceği öngörülüyor. Merkeziyetsizlik, şeffaflık ve hızlı işlemler, kriptonun finansal sistemdeki rolünü artırabilir. #KriptoGeleceği #FinansTeknolojisi #Blockchain
Core Scientific Doubles Down on CoreWeave, Allocates 120 MW in Infrastructure
#binancepumpkin 🔥 SCROLL TOKEN PRICE PREDICTION 😱 The Scroll Token price prediction is looking bullish! As of today, the price is $1.22, with a 24-hour trading volume of $148,919,326 and a market cap of $231,870,903 . Short-Term Predictions: - _1 hour:_ 1.1$ - _1 day:_ 1.23$ - _7 days:_ 1.5$ Long-Term Predictions: in long term scroll token will hit 5$ in bull market . Key Factors Influencing Price: - Adoption and usage of Scroll's Layer 2 scaling solution - Partnerships and collaborations - Market sentiment and trends - Competition from other cryptocurrencies - Regulatory environment Token Information: - Circulating supply: 190,000,000 SCR - Max supply: 1,000,000,000 SCR - Current CoinMarketCap ranking: #198 Keep in mind that cryptocurrency markets are highly volatile, and actual prices may differ from predictions. Always do your own research and consider multiple perspectives before making investment decisions. #ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections $SUI $SCR $BTC
Kamala’s outreach to Black Men in Crypto is her last-ditch attempt to avoid the inevitable
Investing Wisely: Understanding Shitcoins and the FOMO Phenomenon
Your $sAVAX just became more versatile! The Avalanche Card from @avax is just the beginning of bringing DeFi utility into everyday spending.🔺 Borrow against your $sAVAX and more: http://avalanchecard.com
Crypto was designed to bring financial access and autonomy to the masses. In Latin America, @belo_app is using Polygon PoS to turn this goal into reality, tackling inflation and limited banking access with crypto solutions for daily use. Crypto in action ⬇️
Today at @IIF's Annual Meeting, @ddisparte joined a timely discussion about the future of finance with Cecilia Skingsley from @BIS_org. If you’re in town for the meeting, don’t miss the closing event with @jerallaire and @FareedZakaria on October 24 at 5 pm ET.
What benefits does programmable money like $PYUSD have compared to cash? Blockchains like Kadena can enable a lot of the benefits mentioned by @AnneliseOsborne. 🔗
Bitfinex lending rates have suddenly skyrocketed, with multiple orders lent at a high 30% APR today. Greekslive stated that the big spot traders have started to add to their positions in a big way and is a strong bullish signal. 30% APR lending has been an accurate signal of a major bull market for the last two years.
APT has risen 7.1% in the past 24 hours, ranking 19th in market value, surpassing SUI, which is also a Move language L1. This may be related to the community hype of the new song APT of the same name by a member of the famous Korean girl group Blackpink. The current TVL on the Aptos chain is about $1.634b.
It’s time to connect, explore, and create 🚀 Download the new Decentraland now: https://decentraland.org/?utm_org=dcl&utm_source=x&utm_medium=organic&utm_campaign=brandlaunch https://x.com/decentraland/status/1848741832382890123/video/1
🚀 **Core Scientific Powers Up with CoreWeave!** - Bitcoin miner Core Scientific is supercharging its partnership with AI computing firm CoreWeave, adding 120 MW to their high-performance computing (HPC) operations. That's a total of 500 MW across six sites! - Expecting to rake in up to $8.7 billion over 12 years, Core Scientific's stock (CORZ) is already up 5.1%, trading at $13.48 on Nasdaq. - Site upgrades kick off in late 2025, becoming operational by late 2026. CoreWeave will fund $180 million in infrastructure investments. - This deal diversifies Core Scientific's revenue and boosts AI services, marking a big comeback after a rocky 2022. 💡 - CEO Adam Sullivan is pumped: “Significant demand for next-gen compute workloads!”
Crypto CEO Loses $450K to 'Best Friend' After Connecting to His WiFi ► https://decrypt.co/287425/crypto-ceo-loses-450k-wifi?utm_source=twitter&utm_medium=social&utm_campaign=auto https://decrypt.co/287425/crypto-ceo-loses-450k-wifi?utm_source=twitter&utm_medium=social&utm_campaign=auto
🚀 **Big Power Moves: Core Scientific & CoreWeave Expand Partnership!** 🚀 Bitcoin miner Core Scientific is supercharging its partnership with AI computing firm CoreWeave! The new deal adds a whopping 120 MW to CoreWeave’s high-performance computing (HPC) operations, totaling 500 MW across six sites. 💡 **Key Highlights:** - **Revenue Boost:** Expected to generate up to $8.7 billion over 12 years. - **Stock Surge:** Core Scientific’s stock (CORZ) is up 5.1%, trading at $13.48. - **Infrastructure:** $180 million in upgrades, operational by late 2026. This partnership not only diversifies Core Scientific’s revenue but also expands its AI services. What do you think about this power-packed duo? Share your thoughts below! 💬
🚀 Crypto fans, buckle up! The SEC is back with its 2025 priorities, and guess what? Crypto assets are in the spotlight again! 🌟 - The SEC plans to scrutinize the offer, sale, advice, and trading of crypto assets, especially Bitcoin (BTC) and Ether (ETH) exchange-traded products. - Keith Cassidy, Acting Director, highlights the focus on investor protection and technological risks. - Spot crypto ETFs are now on the radar, a shift from 2024. With potential leadership changes in 2025, will the SEC's approach evolve? Share your thoughts below! 💬
🚀 **Crypto Watch: SEC's 2025 Priorities Unveiled!** - The SEC is back at it, spotlighting crypto in its 2025 examination priorities. Talk about a recurring theme! 🎢 - Focus areas: Bitcoin (BTC) and Ether (ETH) spot exchange-traded products. The SEC’s got its magnifying glass ready for crypto asset activities like trading, advice, and sales. - Acting Director Keith Cassidy emphasized the need to address risks linked to blockchain tech and crypto security. - Leadership shake-up? Rumors swirl that SEC Chair Gary Gensler might exit in 2025. Trump and Harris have their eyes on potential replacements. Stay tuned, crypto enthusiasts!
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Blast Royale has partnered with PAID Network to unveil a "Community Round" pre-sale for their $NOOB token, offering a 10M FDV pre-sale. This round is structured to prioritize community participation with a $100 max ticket limit, ensuring accessibility for
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$MATH is shown tenacity in the face of Bitcoin's drop, implying that if momentum builds, the price might rise to $0.91. $MKR could help drive this breakout, and volume indications will be key as new market territory approaches.
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Core Scientific Expands Hosting Contract with CoreWeave
**SEC to Prioritize Crypto in 2025 Amid Leadership Uncertainty** The U.S. Securities and Exchange Commission (SEC) has announced its examination priorities for 2025, with a strong focus on cryptocurrencies. The SEC plans to scrutinize the offer, sale, recommendation, and trading of crypto assets, including spot Bitcoin (BTC) and Ether (ETH) exchange-traded products. - The SEC aims to address technological risks linked to blockchain and crypto security. - Acting Director Keith Cassidy highlighted the need to protect investors from potential risks. - Chair Gary Gensler emphasized the importance of understanding regulatory rules. The SEC's approach to crypto regulation remains firm, despite potential leadership changes. Gensler's term ends in June 2026, but he might leave earlier if a new administration takes over in January 2025. Both Donald Trump and Kamala Harris have hinted at replacing him. Critics argue the SEC's "regulation by enforcement" strategy has led to numerous lawsuits against crypto firms. The commission's future actions could be influenced by a recent Supreme Court decision affecting regulatory authority.
**News Flash: Core Scientific Expands AI Hosting Deal with CoreWeave** Bitcoin miner Core Scientific has expanded its hosting contract with AI computing firm CoreWeave, adding 120 megawatts (MW) to CoreWeave’s high-performance computing operations. This brings the total to 500 MW across six Core Scientific sites. The deal, announced on Oct. 22, is projected to generate up to $8.7 billion in revenue over 12 years. Core Scientific’s stock (CORZ) rose 5.1%, trading at $13.48 on Nasdaq. Site modifications will start in late 2025, with operations expected by late 2026. CoreWeave will fund $180 million in infrastructure upgrades, credited against hosting fees. The contract includes two potential five-year renewals. Core Scientific plans to allocate 700 MW for HPC hosting and 500 MW for Bitcoin mining. CEO Adam Sullivan highlighted the growing demand for next-gen compute infrastructure, indicating plans to expand both existing and new data centers.
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However, on-chain data obtained by looking at Bitcoin's Cycle Top Indicator shows that the coin might not go that high. Instead, the 350-day Simple Moving Average (SMA), which spots the highest possible price of a cycle, reveals that $BTC's top could be around $114,256.
Analyst Predicts $200,000 Bitcoin Price Post-2025 ✨ Crypto analyst Sminston With predicts Bitcoin could reach $200,000 by 2026, based on the Decay Channel model's forecast. ✨ On-chain data like the 350-day Simple Moving Average suggests $BTC's cycle top may be around $114,256, not $200,000. ✨ Bitcoin's current price struggles below $67,000, with RSI indicating bearish momentum; $BTC may drop toward $62,995. (Don't forget to LIKE and FOLLOW for more updates)
Big Listing Day for 4 Altcoins: Binance Among the Announcers!
Big news! 💸 BlackRock keeps stacking up #BTC! $BTC {spot}(BTCUSDT) Yesterday, they added another 4,869 BTC ($328M) to their balance, bringing their total holdings to a massive 391,484 BTC, worth $26.45B! 🤑 And that’s not all—BlackRock also holds 435,072 ETH, valued at $1.16B. Institutions are loading up… what are you doing? 👀 #MarketDownturn #btc70k #BlackRock's
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BULLISH 🟩 #WLD #WLDUSDT 1D NEW PATTERN !
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Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue
Tranchess (CHESS): The Future of Decentralized Finance Why Tranchess is a Must-Have for Your Crypto Portfolio In the vast ocean of cryptocurrencies, there are hidden gems waiting to be discovered. One such gem is Tranchess (CHESS), a modest token with the potential to revolutionize the way we interact with digital assets. With its unique features and a growing community, Tranchess is poised for a massive bull run. What Makes Tranchess So Special? Tranchess offers a host of benefits that make it a compelling investment. Here are just a few: Decentralized Structured Products: Tranchess provides a decentralized platform for creating and trading structured financial products like bonds, options, and derivatives. Enhanced Yield: Tranchess enables users to earn higher yields on their crypto assets compared to traditional savings accounts. Risk Management: Tranchess offers a variety of risk management tools to help investors protect their capital. Why is Now the Time to Invest in Tranchess? The crypto market is on the brink of a major bull run, and Tranchess is perfectly positioned to capitalize on this momentum. With its growing community, increasing adoption, and a strong development team, Tranchess has all the ingredients for a massive price surge. Don't Miss Out on This Opportunity If you're looking for a cryptocurrency with the potential to deliver massive returns, Tranchess is a must-consider. With its unique features, strong fundamentals, and the upcoming bull run, Tranchess is poised to become a major player in the crypto space. So, what are you waiting for? Invest in Tranchess today and start building your wealth! #Tranchess #CHESS #CHESS/USDT #chessusdt #TrendingTopic $CHESS @Tranchess @EliteDaily {spot}(CHESSUSDT) Stick with us for quality crypto content and Trending assets!
$SUI Price Weakens as TVL Surge Reaches Plateau ✨ $SUI's price surged by 27.82% in 30 days, linked to a 255% growth in TVL, but now shows signs of entering a consolidation phase. ✨ The ADX at 16.82 suggests the current trend is weak; a bearish momentum may develop if the indicator continues to rise. ✨ A potential bearish crossover in $SUI's EMA lines could lead to a correction, with support levels at $1.74 and $1.60. (Don't forget to LIKE and FOLLOW for more updates)
Ripple CEO on Elon Musk's XRP Mention: “XRP Not Niche Issue”
The $APE /USDT pair is currently trading at 1.394 USDT on the 15-minute chart, signaling potential volatility ahead. The critical resistance level stands at 1.429 USDT, while strong support is found at 1.383 USDT. A short entry near the current price of 1.393 USDT is recommended, as the price is testing the support zone. If the price breaks below this level, further downside momentum could be triggered. The first take-profit (TP1) can be set at 1.389 USDT, followed by TP2 at 1.386 USDT, and TP3 at 1.383 USDT, keeping the targets tight to avoid excessive risk. A stop loss (SL) should be placed slightly above resistance at 1.430 USDT to manage potential upward reversals. #Therapydogcoin #ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections #APESurge {spot}(APEUSDT)
🚀 Exciting news for crypto enthusiasts! The Stacks Foundation has announced that Asymmetric Research, a renowned security firm, has joined its ecosystem to bolster the security of its Bitcoin Layer 2 solution. 🔐 Asymmetric will focus on auditing sBTC, a new asset pegged 1:1 with Bitcoin, enabling decentralized financial applications on the Bitcoin network. With extensive experience in securing projects like Solana and Cosmos, Asymmetric's involvement strengthens Stacks' security, involving over 30 institutional node operators. What are your thoughts on this development? Share in the comments! 💬
🚀 **Elmnts Launches Public Beta on Solana!** 🚀 - Elmnts, a tokenized investments platform, has launched its public beta on Solana (SOL). - Accredited investors can now access blockchain-based investment funds backed by mineral rights royalties. - This allows for portfolio diversification with exposure to oil, gas, and other natural resources. - Passive income tied to tangible resources is a key feature. - Elmnts joins Solana’s expanding ecosystem, alongside Credix and Ondo Finance. - Solana boasts 100M active addresses, per a16z Crypto report. 💬 What do you think about tokenized investments? Share your thoughts below!
Asymmetric Research Joins Stacks As Core Security Contributor for SBTC
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$FLUX entry 0.7131 target : 1.812 1.974 2.06 keep it under your eye 👀 #APESurge $SOL $BTC