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Come sarebbe il Bitcoin negli anni ’70?
#BTC #1970s #bitcoin
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#MarketSentimentToday BtcTurk acknowledges cyber incident, AVAX loses over 5% The price of Avalanche fell 5% on Saturday. Santiment data shows AVAX's social dominance peaked around three months. A $54.2 million AVAX transfer to Coinbase THORChain was linked to a BtcTurk cyber assault by an on-chain analyst. Avalanche (AVAX) lost roughly 7% on Saturday, June 22. The smart contract platform partnered with Konami Digital Entertainment. Resella, an NFT platform that streamlines digital asset development, issuance, and trading on Avalanche, is anticipated from the game developer. Correction hits Avalanche's AVAX token According to TradingView, AVAX is down roughly 7% on Binance at $25.88. The smart contract platform's token fell over the weekend, but its social influence reached a three-month high. The significance of an asset among traders is measured by social dominance. Asset share in crypto debates on social media like X is measured. Santiment indicates AVAX social dominance at 1.211%, up from 0.7281% on March 22, over three months ago. The Santiment chart below shows that the indicator anticipates local tops/bottoms but does not directly affect asset prices. AVAX Avalanche's drop may be triggered by a $52 million deposit, according to on-chain expert ZachXBT's X tweets. The researcher tracked the AVAX transfer to Coinbase to a cyber assault on BtcTurk, a Turkish crypto exchange. ZachXBT tracked the address and thinks it took over $46 million in Bitcoin from Binance and Coinbase. BtcTurk acknowledges cyberattack, guarantees users are safe Crypto exchange BtcTurk verified a hot wallet hack. The exchange says the incident only affected certain hot wallet assets and its cold wallets are protected. The exchange halted deposits and withdrawals for safety. Affected hot wallets of 10 coins do not impact users. The email exchange said, "BtcTurk's financial strength far exceeds the amounts affected by this attack, and our users' assets will not be affected by these losses." #BTCTURK #Hack #AVAX $AVAX
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Achieves $10 Billion in Toncoin Transfers, Social Appeal Skyrockets The cryptocurrency industry is abuzz with the creation of Telegram's Toncoin. Toncoin is one of the blockchain networks with the greatest growth rate, according to a new research by crypto analysis platform CryptoQuant. The daily transaction volume is dominated by established giants like Bitcoin, but TON's growth indicators show that the network is ready to break out. The daily volume of TON is $5–$10 billion, in contrast to Bitcoin's mind-boggling $50 billion. It may seem like a David-and-Goliath story at first look. On the other hand, you can't ignore the fact that Bitcoin has been around for a lot longer than TON, which is only four years old. This impressive increase in transaction volume for a very new network indicates a rising demand for TON's services, especially for enabling large-scale transfers of digital assets. From 2.9 million to more than 30 million, the number of TON token holders has increased tenfold in the last year, according to crypto study. An more confident user base may be the driving force behind the recent uptick in TON adoption, which may lead to an even stronger ecosystem overall. Increased potential for innovation, a greater pool of talented developers, and a stronger network effect that draws in even more people are all results of a larger user base. Could the Integration of Messaging Apps Spark the Adoption of Cryptocurrency? With its integration with Telegram—a chat service with approximately 900 million users—TON has a distinct edge over its competitors. If this connection works as planned, it may significantly increase the use of cryptocurrencies. Nevertheless, challenges must still be surmounted. Achieving widespread usage will need TON to successfully traverse the complicated regulatory framework that surrounds cryptocurrency. Furthermore, the TON network's scalability remains an open subject. Is it ready for the potential flood of users that might result from Telegram's integration? #Toncoin #TonNetwork #TON #Skyrocket
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#MarketSentimentToday Tron USDT Triumphs: Daily Volume Exceeds $53 Billion, Beating Visa USDT, Tether's digital currency tied to existing currencies, is quietly revolutionizing banking. USDT has eclipsed Visa's average daily transaction volume on the Tron blockchain, confirming its stablecoin leadership. This rise shows trust in stablecoins' financial disruption potential. USDT dominates. Since its 2014 launch on numerous blockchains, its market value has exploded. The latest milestone on Tron, a blockchain with decreased transaction costs, is remarkable. Lookonchain statistics shows USDT transactions on Tron reached $53 billion in a day, surpassing Visa's $42 billion average. This 20% lead shows stablecoins' growing use for daily transactions. Why Are Stablecoins Rising? What causes this surge? Stablecoins provide stability unlike volatile cryptocurrencies. They are usually tied to fiat currencies like the US dollar, so their value is stable. They are stable enough for daily transactions without the risk of price drops like other cryptocurrencies. The strength of blockchain technology makes stablecoin transactions quicker, cheaper, and more transparent than traditional methods. Governments are racing to regulate stablecoins as they gain popularity. The Lummis-Gillibrand Payment Stablecoin Act in the US and related UK measures show a worldwide concern for user safety and financial stability in this invention. These laws are essential for healthy development, but the ever-changing political context complicates matters. The UK's crypto policy is unknown before of the forthcoming election. The Future Of Finance Despite obstacles, stablecoins are gaining steam. Their ability to connect conventional banking with crypto has clear benefits. The trend is apparent, but daily transaction volume is erratic and Tron transaction costs must be addressed. Stablecoins will endure and have a major influence on the global financial system. #TRON @Justin Sun孙宇晨 $TRX
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#MarketSentimentToday Will Bitcoin Reach $100,000 Amid US Banking Crisis? With heavy liquidation pressure, Bitcoin may fall 13% from $74,800 at current pricing. Analysts are optimistic despite prices falling from record highs and $66,000 being a mirage. Most predict the currency to reach $100,000, the psychological threshold, in the next days or weeks. Bitcoin would ride the “digital gold” narrative that's gaining momentum amid fears about US banks' financial stability, accelerating the increase. One observer on X adds that 68 US banks have over $500 billion in unrealized losses, according to an FDIC study. Their various portfolios have suffered mostly from investment securities and increasing mortgage rates. The FDIC reports that banks have had “unusually high unrealized losses” for nine quarters. If this continues, these institutions might destabilize US financial markets. The US banking crisis resembles the 2008 GFC. However, financial instability may benefit Bitcoin and gold. BTC and ETH values rose after the fall of SVB, Silvergate, and Signature Bank. If US FDIC unrealized losses rise in the next quarters, managers may have to review their holdings. Looking at BTFP and CRE: Time to Consider Bitcoin? The US Federal Reserve's emergency Bank Term Funding Program (BTFP), created after early 2023 bank collapses, may be important in this situation. Further, the commercial real estate (CRE) sector is unstable. The Federal Reserve Bank of Minneapolis President, Neel Kashkari, recently minimized the likelihood of a broad disaster, although it is well known that several major banks, particularly those with unrealized losses, have considerable exposure. After the 2007-08 GFC, tougher restrictions assist, but how the system will absorb shocks from fractures is unknown. Current consolidation may favor BTC if it occurs. #BTCFOMCWatch #CryptoTradingGuide #BTC $BTC
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Crypto analyst calls Ripple the next Amazon and Facebook despite XRP's poor performance A crypto specialist predicts Ripple will be the next Amazon or Facebook-like high-value corporation. This forecast comes as XRP struggles amid market volatility and Ripple's SEC lawsuit. Analyst Expects Ripple To Be Billion-Dollar Startup The AllinCrypto YouTube channel host has posted a video highlighting Ripple's potential to become a billion-dollar enterprise. The analyst believes the US will accept Ripple as a “unicorn company” like Amazon, Apple, Facebook, and Microsoft. The expert also said Ripple was growing like these prominent enterprises that had boosted the US economy. He based his estimates on the crypto payment's stablecoin intentions, showing how US treasury members recognize stablecoins' economic relevance. The crypto expert presented a Wall Street Journal piece on how cryptocurrencies may prevent a US debt disaster in the YouTube video. He said treasury members were examining how stablecoins may help the US retain its global supremacy by solving the “colossal debt burden that the US currently has.” Ripple unveiled its USD-pegged stablecoin plans in April, competing with Tether (USDT) and Circle (USDC). This fits with the crypto payments company's ambition to grow its digital payments reach and boost its US financial sector position. As of June 4, Ripple's market capitalization is more over $29 billion, considerably behind Amazon and Facebook, which have market caps over $1 trillion. The crypto payments startup must reach a market capitalization and adoption rate equivalent to these digital titans to become a “unicorn company.” Despite the deteriorating performance of XRP, the native coin of the XRP Ledger, Ripple is expanding its worldwide operations and services. The crypto payments company's legal fight with the US SEC and the US's lack of digital asset regulation may also slow expansion. #XRP #Ripple $XRP #amazon #facebook
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Ultime notizie
Ripple's Future Price Predicted By Analysts Amid Ongoing Lawsuit
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BitGo Announces Support For Wormhole's Native ERC-20 Governance Token W
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FBI Charges Crypto Network Gang FIN9 for Hacking US Companies
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Over A Million SOL Tokens Staked Through Squads Smart Accounts
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Steady Decline in Bitcoin Holdings by Exchanges Since January
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