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Today, Vitalik Buterin, co-founder of Ethereum, released a major project for the future of his project, two years after Ethereum switched to Proof Of Stake (The Merge) technology. Such as: Reduce Block Closing Time (Lower Block Time Finalization) Using Single-slot Finality Technology Today, Ethereum takes up to 15 minutes to close a block, which is much longer compared to projects like Solana or Algorand. It only takes a few seconds to close a block. Vitalik designed to block blocks for a long time because he focused on security issues when Ethereum was still using Proof Of Work technology when it switched to Proof Of Stake. And with security in mind, Vitalik wants to get the Block End faster. The second thing is that he will drop the number of coins from 32 ETH to only 1 ETH for those who wish to run the Ethereum Proof Of Stake node. In doing so, he wants more general users to be able to participate as Validators. The above two versions can be a problem for Ethereum to deal with in terms of stability and security of Ethereum, so Ethereum is already ready to plan to prevent any problems that the solution is: #ETHETFsApproved #ETH🔥🔥🔥🔥 $ETH
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Former cryptocurrency trading company Mt. Gox extends one-year investor repayment date to October 31, 2025. According to an official statement, most of the creditors have not yet been reimbursed after they did not fully fulfill the Mt.Gox formality. Mt.Gox was one of the world's first cryptocurrency trading companies and once held the position of one of the largest BTC coin transfer companies in the world, accounting for 70% of the total BTC coin circulation available at the time. The company was hacked, stole BTC coins until it went bankrupt in 2014 and froze 127,000 investors. In July, the Mt.Gox's investor payroll company began repaying $ 9.4 billion, with $ 2.8 billion still owed to investors. The company owes investors up to 141,686 BTC. #BTC☀ #MtGot #1st-Trader $BTC $ETH $SOL
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What Data do cryptonian need to know on this week are below: ✍️MON: FED 1-YEAR CONSUMER INFLATION EXPECTATIONS (JUL) - PREV: 3.0% ✍️TUE: CORE PPI (MOM) (JUL) - PREV: 0.4%/ FORECAST: 0.2% ✍️WED: CORE CPI (YOY) (JUL) - PREV: 3.3%/ FORECAST: 3.2% ✍️THU: INITIAL JOBLESS CLAIMS - PREV: 233K/ FORECAST: 235K ☝️ Trading carefully with YOR. $BTC $ETH $BNB #CPI_DATA
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$BTC back to bull
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VanEck, an investment management company, says that if these things happen, it will increase the value of BTC to $ 2.9 million by 2050. These are just speculations if the world recognizes BTC. And take it as a means of exchanging services and goods. VanEck has predicted the value of BTC in 2050 in three cases: $ 2.9 million, $ 130,314 in case of market downturn and $ 52.4 million in BTC. According to VanEck, these prices would be incurred if BTC were used for 10% and 5% of domestic trade, 2.5% BTC and 85% BTC. With investors predicting that BTC will have a market cap of $ 61 billion and BTC's Layer 2 project will have a market cap of $ 7.6 billion, according to VanEck. . VanEck also mentioned the risk of not allowing BTC coins to go up in price, with issues related to the use of too much energy to dig BTC coins, BTC miners may not be interested after the BTC has to be mined because they are not very profitable. , And last but not least, every country in the world does not recognize BTC coins by banning them.$BTC #Bitcoin_Coneference_2024 #BinanceTurns7
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