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Silvergate Halts Crypto Payments After Suffering $1 Billion Loss. #Silvergate #payments #BTC #crypto2023 #cryptotrading

Silvergate Halts Crypto Payments After Suffering $1 Billion Loss.
#Silvergate  #payments  #BTC  #crypto2023  #cryptotrading  

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The youngest billionaires say nobody else made their own fortune. 😬😤 Forbes' latest billionaire list unveils a fascinating trend: the ascent of young billionaires. Unlike previous years dominated by self-made prodigies, this year's roster showcases a notable influx of heirs and heiresses inheriting colossal wealth. In a departure from the norm, there are no self-made billionaires under 30, marking the first instance in 15 years. The average billionaire age is 66, with the eldest at 102. The majority of young billionaires acquired their fortunes through inheritance, signaling a pronounced shift towards intergenerational wealth transfer. Icons like Evan Spiegel (Snap), Ben Francis (Gymshark), and Palmer Luckey (Oculus VR) stand out for their entrepreneurial journeys, amassing substantial wealth through innovation. Young billionaires hail from diverse backgrounds, with significant contingents from Europe and emerging markets like Brazil and South Korea. The tech sector continues to reign supreme, with luminaries such as Mark Zuckerberg (Meta) and Bobby Murphy (Snap) leading the charge in wealth accumulation. Shunsaku Sagami (M&A Research Institute Holdings) emerges as a self-made billionaire, epitomizing the rapid wealth generation potential inherent in cutting-edge industries. Most young billionaires witnessed a surge in their fortunes compared to the previous year, underscoring sustained economic growth and market dynamics. The emergence of young billionaires illuminates the shifting dynamics of wealth creation and distribution in contemporary society. While inheritance remains a prominent avenue, the disruptive force of self-made entrepreneurs continues to reshape traditional wealth paradigms, propelling innovation and economic prosperity worldwide. #Billionaire #BullorBear #BinanceLaunchpool #Nonfarm #Memecoins

Catomato: The Next Big Memecoin Powered by Tenset. ⚡🔥 Get ready to dive into the world of Catomato, a promising new #memecoin backed by the expertise of Tenset. With Tenset's proven track record in high-yield Gem projects, Catomato is poised to deliver impressive returns for investors. Launching on the BnbChain, Catomato sets itself apart from the crowded meme coin space by establishing a solid foundation beyond mere hype, with plans to expand onto Solana in the near future. In a move to further solidify its credibility and potential, Catomato has formed a strategic partnership with BlueZilla, adding another layer of assurance for investors. Mark your calendars for April 15th at 14:00, when Catomato's sales kick off, followed by its listing on Pancakeswap on April 19th. Unlike other projects, Catomato ensures immediate access for investors with all tokens distributed at TGE (Token Generation Event) without any vesting period. The sales structure is designed to be inclusive, with four rounds catering to different investor profiles. The first three rounds are open to $10SET stakers and holders, while the fourth round adopts a first-come-first-serve approach for participants completing Zealy tasks. Excitingly, Zealy task participants have the chance to win a share of 1500 $BNB, with any remaining tokens from previous rounds carried over to the final round, maximizing opportunities for everyone involved. #Catomato #memecoin⁠⁠⁠⁠ #Tenset #BlueZilla #10SET

FreeBnk, which revolutionized banking and commerce, will be IDO in Decubate. 🔥⚡ Are you ready to step into the future of finance? FreeBnk is here to redefine traditional banking by integrating cutting-edge blockchain technology. With a focus on digital innovation and customer convenience, FreeBnk offers a range of features designed to meet the needs of today's digital-savvy consumers and investors. 🔹FreeBnk Trade: Elevate your trading experience with global access across 150 countries. Benefit from unmatched exchange rates and tap into a vast network of over 300 DeFi & CeFi liquidity providers. 🔹FreeBnk Pay: Revolutionize your payment methods with low-fee solutions for both merchants and consumers. Enjoy easier, more efficient transactions with FreeBnk Pay. 🔹FreeBnk Safe: Experience unparalleled security with $30 million USD in insurance coverage against hacks and virtual attacks. Ensure your digital assets are securely transferred to your loved ones with innovative inheritance plans. ⚡ IDO Details on Decubate: 🔹Whitelisting Period: March 4th, 2024, 11:00 AM UTC - April 10th, 2024, 11:00 AM UTC 🔹Guaranteed Allocation Round: April 10th, 2024, 11 AM UTC (for 22 hours) 🔹First Come First Serve Round: April 11th, 2024, 9 AM UTC (for 1 hour) 🔹Total Allocation: $300,000 🔹TGE Protection: 2 Day Protection 🔹Vesting Schedule: 20% at TGE, 1 Month Cliff, 3 Months linear vesting 🔹Ticker: $FRBK 🔹Token Price: $0.015 🔹Chain: BSC #FreeBnk #FRBK #Decubate #DeFi #CeFi

Solana's Influence Grows Over Pantera Capital's Crypto Fund Raise. 🆙💰 Pantera Capital's recent surge in its crypto fund by an impressive 66% during the first quarter of 2024 has caught the attention of many in the cryptocurrency space. A significant factor behind this remarkable growth has been the stellar performance of Solana, a blockchain platform that has been making waves with its speed, scalability, and vibrant ecosystem. Pantera Capital's Liquid Token Fund witnessed a remarkable increase in value, soaring to nearly $300 million. This surge can be largely attributed to a strategic pivot towards investments in Solana and other promising altcoins like Ribbon Finance, Aevo, and Stacks. Interestingly, while Bitcoin and Ethereum faced some challenges during this period, Pantera Capital's diversification strategy beyond these two giants proved to be highly rewarding. The decision to invest in Solana proved to be particularly fruitful, with Pantera Capital capitalizing on the opportunity to acquire SOL tokens at a significant discount from the distressed FTX exchange. Solana's price surged by an impressive 99% in the first quarter, reaching over $200 and making substantial contributions to Pantera Capital's fund growth. Solana's emergence as a hub for memecoins further fueled its ecosystem's growth, driving its average daily spot volume on decentralized exchanges up by a staggering 319% to $1.5 billion. Additionally, Solana-based projects raised a remarkable $89.2 million in the first quarter alone, signaling a promising trajectory for the platform's development and adoption. In summary, Solana's outstanding performance has significantly boosted Pantera Capital's crypto fund. By diversifying strategically and investing in promising projects beyond Bitcoin and Ethereum, Pantera Capital is set for continued success in the crypto landscape. Solana's ongoing innovation and growing attention solidify its position as a key player in the cryptocurrency space. #Solana⁩ #SOL #PanteraCapital #Funding #BullorBear

Impact of Solana Network Difficulties on Price. ⁉️ Solana (SOL), a standout performer amidst the ongoing crypto bull run, finds itself grappling with persistent network challenges. Despite its impressive performance, recent network outages have cast a shadow over its trajectory. The root cause of these challenges primarily lies in the surge of on-chain activity, including transactions involving meme coins and decentralized exchanges (DEXes). Shockingly, up to 70% of non-voting transactions have failed in recent weeks, indicating a significant increase in transaction failures. Since the beginning of 2022, the network has weathered approximately six major outages and endured 15 days of partial or complete disruption. The most recent setback occurred in early February 2024, lasting over five hours, attributed to a bug in Solana’s Just-in-Time (JIT) compilation cache. 🔹Impact on SOL's Price and Future Trajectory Despite the network's turbulent performance, SOL has managed to maintain its price above $170, with a modest 2% gain in the last 24 hours. However, investor confidence remains fragile, with concerns looming over the network's reliability. Persistent congestion could potentially trigger negative sentiment and lead to a decline in SOL's price. Analysts emphasize the importance of SOL maintaining support above $184 to sustain its bullish run, with acceptable downside volatility wicking into $173. CoinCodex, leveraging artificial intelligence (AI), forecasts bullish sentiments for SOL in the short term, envisioning a surpassing of the $200 mark and trading around $230 by April 11. 🔹Current Status and Long-Term Outlook SOL is trading at $175, down over 10% for the week. The long-term effects of network congestion on its price are unclear, as SOL has shown resilience despite the outages. Solana's price depends on market sentiment and network solutions' effectiveness. Investors are cautious amid challenges, scrutinizing Solana's stability and its impact on SOL's price. #Solana⁩ #SOL #CoinCodex #DEXes

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