Telegram will have a store for mini-apps like Hamster Kombat
The mini-apps are probably the current major competitive advantage of Telegram, thanks to products like Hamster Kombat that allow earning crypto.
Yesterday, the founder and CEO of the eponymous company that develops and manages the messaging app, Pavel Durov, wrote on his personal Telegram channel that this month they will add a mini-app store and an in-app browser with support for Web3 sites.
The mini-apps on Telegram: the store is coming
The so-called mini-app of Telegram are internal bots within the Telegram app that can operate like apps.
On one hand, this allows mini-apps to perform only certain operations, executable through the Telegram app, slightly limiting the creativity of developers, but on the other hand, it has the significant advantage of not requiring any downloads or installations.
The bots of the mini-apps on Telegram, in fact, already work upon their opening, so it is sufficient to search for one and open it to start using it.
Currently, however, there is no public list of mini-apps, but this shortage will be addressed in the coming weeks with the launch of the internal mini-app store.
It will presumably be something similar to the Google Play Store for Android, or the Apple App Store for iPhone.
The substantial difference, however, will lie in the fact that the mini-apps on the Telegram store will not need to be downloaded and installed, but it will be sufficient to open them to start using them immediately.
Blockchain and crypto
Durov also wrote that 2024 will go down in history as the year when hundreds of millions of people became familiar with the blockchain.
This is made possible by the fact that Telegram has about 900 million active users worldwide, more than the estimated number of cryptocurrency holders.
Telegram for some time now has not only embraced blockchain technology, with the TON project, but has also started promoting its use through one of the various mini-apps, the crypto wallet (@wallet).
It is an integrated, official, and custodial crypto wallet that allows you to receive and send Bitcoin, USDT, and TON, and to stake TON.
Durov also wrote that they will allow organizations to use their mini-apps to issue labels for channels, creating a decentralized market for third-party verification.
As of today, as far as we know, Telegram is the only major messaging app in the world to have integrated criptovalute and services based on blockchain.
Telegram: the mini-app Hamster Kombat will finally have a store
One of these is the mini-app of Hamster Kombat.
This is a mini-app that allows you to play with virtual hamsters that fight, and above all to earn crypto.
It was launched only in March of this year, and in a short time it has become the most used mini-app within Telegram.
Among other things, this month of July their official token, HMSTR, should also be launched on the crypto market.
The mini-app is simple, but perhaps that’s exactly why it has been so well-received. In fact, earning crypto by playing a really straightforward game has attracted many users.
The same Durov a few days ago had written that Hamster Kombat has obtained 239 million subscribers in just 3 months. It took only 73 days to reach 100 million monthly users, with 4 or 5 million new users joining every day to play. According to Durov, it would be the fastest-growing digital service in the world.
He also added that a new wave of mini-apps is coming to Telegram.
The role of the crypto Toncoin (TON)
Toncoin is the native cryptocurrency of the TON blockchain, which is the crypto ecosystem of Telegram.
Now steadily among the top 10 cryptocurrencies in the world by market capitalization for a few months, it debuted on the crypto markets in 2021, in the midst of a bullrun, but recorded its all-time highs only a month ago.
Since the beginning of the year, it has gained as much as 200%, and it is possible that its rise is not yet over.
To tell the truth, after the highs of mid-June, it recorded a correction, but the current values are in line with the peaks of April and May.
TON is used a lot within telegram, for example as a means of payment to remunerate the owners of the channels.
On the other hand, the entire Telegram crypto ecosystem is based on TON, and therefore on its cryptocurrency Toncoin, and this suggests that in the future its market value could rise further.
The integration in mini-apps like Hamster Kombat: the potential of Telegram’s Web3 store
Even the same mini-apps can use Telegram’s internal services, based on TON, to send and receive cryptocurrencies.
To understand the scope of this innovation, it is enough to say that in just three months since it landed on TON, the stablecoin USDT has surpassed 730 million dollars.
As of today, after Tron, Ethereum, Avalanche, and Solana, TON is already the fifth blockchain for USDT issued, ahead of Near, Celo, Omni, Cosmos, EOS, Tezos, Polkadot, and Algorand.
Being able to use USDT on TON internally, Telegram’s mini-apps have enormous potential, as they can also enable P2P exchanges, although centralized, at very low if not negligible costs.
With the launch of the mini-app store, Telegram risks competing with Google and Apple, who instead struggle to enable blockchain transactions within their apps.
PayPal USD (PYUSD) is now available on Solana, the company announced at Consensus 2024 in Austin, Texas. The news brings the Solana network’s speedy finality and low cost to PayPal’s trusted stablecoin product, allowing users and developers to experience low-cost payments that settle in seconds, not minutes, hours, or days.
“The Solana network’s speed and scalability make it the ideal blockchain for global financial institutions, like PayPal, to create new payment solutions that are accessible, cost-effective, and instantaneous,” said Sheraz Shere, GM of Payments at the Solana Foundation. “Continued adoption from industry giants like PayPal is crucial for the next generation of fintech innovation.”
Users will be able to access PYUSD through PayPal’s flagship PayPal and Venmo wallets, Paxos, as well as blockchain-native onramps Crypto.com and Phantom. Users will also be able to transfer PYUSD on Ethereum to PYUSD on Solana without any additional fees.
PYUSD on Solana is issued by Paxos Trust Company.
“Making PYUSD available on the Solana blockchain furthers our mission of enabling a digital currency with a stable value designed for commerce and payments,” said Jose Fernandez da Ponte, senior vice president of the Blockchain, Cryptocurrency, and Digital Currency Group, PayPal.
As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis, Solana has emerged as the leading blockchain to run tokenized transactions and ideal for PYUSD as it continues to be used for payment use cases.
Why PYUSD is On Solana
In an open letter, PayPal outlined the reasons they chose to build on Solana, citing the Solana network’s fast finality and minimal fees. But just as important is the decision to build with token extensions.
Token extensions are essentially compliance in a box. Unlike other blockchain solutions, which require institutions to use third party tools for added features, token extensions are tools available to any developer, natively in the protocol.
PYUSD on Solana is one of the earliest stablecoins to take advantage of token extensions. In particular, PYUSD on Solana uses:
Confidential Transfers. Allowing merchants the option to maintain confidentiality of transaction amounts while maintaining visibility of other transaction details for regulatory purposes.
Transfer Hooks. Enabling developers to invoke custom programs during token transfers for individuals and merchants using PYUSD.
Memo Fields. Enabling senders and receivers to include information along with payments, creating a more user-friendly experience for daily payments and business transactions.
“These features are not merely nice-to-haves,” the letter says. “We believe they are important features to provide to merchants if PYUSD is to grow in its utility to broader commercial segments.”
Read the full letter from PayPal here.
How Solana Unlocks Frictionless Payments
With fast settlement times, high throughput, low fees, and innovative ecosystem tooling, Solana has become a leading solution for blockchain payments. The network regularly processes more transactions than every other blockchain solution combined, and its stablecoin transfer volume was more than $1.5 trillion in April 2024.
As a permissionless, frictionless network, companies built on Solana can unlock a number of advantages distinct from traditional payments processors:
Near-instant settlement. With a blocktime of 400 milliseconds, transactions settle within seconds, not hours or days — allowing merchants and consumers near-immediate access to funds.
Seamless cross-border settlement. Remove intermediaries and allow for simplified, frictionless payments on a global scale.
Engaging loyalty programs. The use of onchain loyalty programs is proven to increase customer retention and engagement. The pilot program from popular tea chain Boba Guys’ Passport, for example, saw a 67% increase in monthly visits among customers using the program, and an 800% return on investment
Payments-friendly tooling. Solutions can be built for business’ unique needs using tooling within the Solana ecosystem. Tools like permissioned environments and token extensions allow businesses to build compliance and customer service frameworks.
According to Odaily, Solana's meme coin, HARAMBE, has experienced a significant surge, breaking through the 0.07 USDT mark and currently trading at 0.0726 USDT. This represents a 24-hour increase of 34.61%. The rise in HARAMBE's value may be influenced by a tweet mentioning the original model of DOGE, which was mourned by Elon Musk.
información sobre la Nueva Moneda #NOT #NotcoinLaunchpool #notcoin será tu criterio si vendes ahora o no. o lo vendes y luego lo compras más abajo. peri si usas Telegram, seras su seguidor
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NOTCOIN LISTING - ALL YOU NEED TO KNOW
THE HIDDEN POTENTIAL OF NOTCOIN
Many speculate on the future of NOTCOIN, that it will be the next scam project, no value, the price will be less than 0.0005$. Ofcourse these are just thoughts of people without vision! The TON team aims to integrate $NOT into 80% of all projects on TON.
There are about 35M $NOT users, can you imagine the potential of the project? All those people are just beginning to try the TON blockchain and Telegram dapps and many will be using NOTCOIN for most of the dapps for utility. This will make a big surge in the price of the token. But it won't happen in a day! Arbitrage opportunities at token launch Yes, you can increase your NOTCOIN holdings simply by trading it around CEX and DEX'es. Instead of buying $NOT for the long term is better to find arbitrage opportunities during the launch and make up to 30x your deposit. There is also a triangle arbitrage when three currencies have price discrepancies, and you can earn a significant amount by trading through the "Triangle" strategy.
First of all, you need to prepare DEXes
- Download tonkeeper wallet - Top up your balance for further arbitrage opportunities - Open dedust_io, storm_trade_ton, ston_fi - Monitor prices during $NOT launch During the listing sniper prices on each CEX and try to deposit among the first on CEX where the price can be pumped by 2-3 times. THE PRICE OF NOTCOIN CAN REACH 0.01$ I'm 99% sure that price of 0.01$ will be touched for a few seconds after token launch because hype is too big to fail 😁 A lot of people will sell their bags of airdrop, but it will lead to short-term dump...in a few hours of trade I think the price will recover and hit it's all time high around 0.01$.
Thanks for reading, following and supporting guys! Cheers and let your pockets be filled with coins 💰🚀🚀🚀 #airdropking #NOTLAUNCHPOOL #Notcion #BinanceLaunchPool🔥 $BNB
es al minimo de lo minimo para los #nuevos que deben tener en cuenta xfavor
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PİYASAYA YENİ GİRMİŞ ARKADAŞLAR İÇİN ACİL ❗️❗️❗️
1⃣ Bilmeden vadeli işlemlere bulaşmamak,vadeli işlemlerde bulunmak için en az 2. yıllık tecrübeye sahip olmak gerek.
2⃣ Boğada amaç yatırımcıya mal aldırmamak bunu bilmek olmalı bu sebeple o coin senin bu coin benim atlamamak.
3⃣ Acemiler için en büyük para boğada kaybedilir.
4⃣ STOPLOSS (Kayıp durdurmak) eğer bir kolu kesemezseniz o zararlar tüm vücudunuza zarar verecek hâle gelebilir,o sebeple STOP olmak canınızı yakmasın olarak öğreneceksiniz.
5⃣ Siz fiyata gitmeyin fiyatın size gelmesini bekleyin gelmiyorsa kovalamayın çünkü her zaman fırsat olucaktır.
6⃣ Cüzdan yönetimini aynı sezonda en iyi yöneten 20x yapabilirken yapamayan 5x de takılı kalabilir. Spot trade ediyorsanız kesinlikle uzun vadeli spot ve trade ettiğiniz cüzdan ayrı olmalı.
7⃣ Yatırım yaptığınız projeleri iyi seçin önemli olan yükselirken değil düşerken alabilmek.
8⃣ Size lazım olan kredi,araba,ev parası gibi paralarla asla bu piyasada bulunmayın.
9⃣ Fomoya kapılmamak için en azından trendleri bilecek bilgiye sahip olmanızı öneririm.
🔟 Her zaman minimum %20 maksimum %40 boşta nakitiniz olmalı unutmayın düşüşün korkusunda satın alan yükselişin adrenalininde satmasını bilmeli.
Seri devamı isterseniz yorumlarda belirtiniz yeni arkadaşlara şimdiden başarılar.🏆 @Last of Crypto
PRESTA atención a éstos consejos sovre tu #Billetera y #Dinero
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What most traders do not realize is that corrective structures tend to follow 5th waves. In this case, it would be a broader corrective move that points to the potential scenario of price testing the 50K or even 40K level. This is NOT a forecast, this is the potential RISK that no one it talking about. Such a bearish scenario can take weeks or months to unfold so it is no something to expect tomorrow.
Many traders are frustrated because they missed the home run, and they are not sure how to go about participating in this. Here is my suggestion: day trades only, long side only. Look for a pullback or break out on smaller time frames like 30 minute.
The ones who will get caught in this are the ones who believe whatever they are told. While anything is possible, it is the potential risk that will eventually be realized. All those who bought at 50K now "feel good" because the market has reinforced this high risk behavior. When the broader correction unfolds, it is these same people who get stuck because they are caught between greed and the fear of missing out. Broader corrective moves begin OUT OF NOWHERE. Usually coincides with some unexpected news. Do you remember what turned this market around the first time at 69K?
Markets tend to move in cycles NOT in straight lines. Growth is followed by corrections, but there is no way to know how long or how far each cycle will persist. What we can measure is the potential risk, and that is what the basis of your judgement should be, NOT "100K is next!" because Bozo the Youtuber said so. In these situations it is more effective to take profits at highs, trade smaller and on lower time frames and expect LESS. Things always look the greatest at the top.
Thank you for considering my analysis and perspective.
si hay uba Caida de las Cryptos, no te olvides de comprar #WLDUSDT Es muy orometedora, parecería. no te olvides de Investigar todas las Cryptos IA
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Record-Breaking Week for Cardano (ADA): Is $1 the Next Milestone?
Worldcoin [WLD] nearly triples in value driven by interest in AI, reaching an all-time high of $8.59.Despite the growth, privacy and regulatory concerns challenge Worldcoin, with active investigations in several countries. Worldcoin [WLD], has nearly tripled in value in the past week, driven by enthusiasm generated by OpenAI’s text-to-video generation model, Sora. At the time of writing, WLD is trading at an all-time high of $8.59, according to CoinMarketCap data observed by ETHNews.
Downtrend Ends This rally ends a long downtrend during which WLD fell 47% from its previous high of $4.2. This renewed interest in Worldcoin is also reflected in the daily usage of the World App, the wallet designed for the Worldcoin project, which surpassed 1 million users on February 18, setting a new record.
ETHNews, upon further investigation with data from Santiment, noted an increase in other blockchain indicators. Daily transactions experienced a tenfold increase in the last week, while the rate of new address creation skyrocketed 16 times.
Positive Market Sentiment In addition, the currency became a hot topic of discussion in social circles, with a dramatic increase in the number of mentions on major social media channels. Market participants began to view WLD optimistically, as the Weighted Sentiment rose above the negative region after a long time. Linked to the creators of disruptive AI projects, WLD has somehow become the tokenized representation of the broader AI market and emerging trends. Thus, the frenzy created by Sora soon began to be reflected in the coin’s market value. Challenges for Sam Altman Co-founded by OpenAI CEO Sam Altman, Worldcoin is a cryptocurrency project that seeks to become the world’s largest identity and financial network. The onboarding process involves iris scans, which, according to its creators, confirm the user’s humanity and eliminate the involvement of bots. In return, users receive free WLD tokens. However, data privacy concerns have limited the project’s growth. Several countries have launched investigations into the project’s biometric data collection, with Kenya even suspending the token in its jurisdiction. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Worldcoin #WLD
😯🔥Tron Founder Justin Sun, Mysterious $500 Million Transfer Moves the Market
#JustinSun the founder of Tron, made fun of a significant transfer of $ 500 million in the cryptocurrency market. This transaction, which originated from Justlend, a platform supported by Sun, led to question marks due to the rapid transition of Sun to Htx, a platform where it has an important consulting position. Thanks to the Whale Alert data, the big transfer came to light.
Sun's participation in JUSTLEND, a Tron-based financial platform known for its stUSDT offerings, adds complexity to the results of the transaction. October October also October, an additional USDT of 642.06 million was redirected to justlend from an undisclosed wallet suspected to be linked to Sun, which further increased speculation within the crypto community.
While the exact motivations behind Justin Sun's $500 million transfer remain unclear, various potential explanations have emerged, igniting further controversy in the crypto world. Some think that this may be a strategic move to support Sun's proposed platform by injecting liquidity into htx.
Others suggest it could be a personal investment that diversifies his assets beyond Tron-related projects. October October October, in addition, concerns about regulatory scrutiny surrounding Tron and its founder may have been a driving factor that led Sun to move its assets to a different platform. #Trx #Write2Earn #binance
🔥 Most powerful candlestick patterns in crypto trading🔥
click here to get 3.99 usdt🏆
🌈1. **Bullish Engulfing Pattern**🌄📈
: This occurs when a large bullish candle completely engulfs the previous bearish candle, indicating a potential reversal from bearish to bullish sentiment.
🚨2. **Bearish Engulfing Pattern**📉 : The opposite of the bullish engulfing pattern, where a large bearish candle completely engulfs the previous bullish candle, suggesting a potential reversal from bullish to bearish sentiment.
🚨3. **Hammer**: 🔨 A single candlestick pattern that forms at the bottom of a downtrend, indicating a potential reversal. It has a small body and a long lower shadow, suggesting that buyers are starting to step in.
🚨4. **Shooting Star**: 📉 This pattern forms at the top of an uptrend, signaling a potential reversal. It has a small body and a long upper shadow, indicating that sellers are starting to push the price down.
🔥5. **Morning Star**:📈 📈 A bullish three-candlestick pattern that forms at the bottom of a downtrend. It consists of a long bearish candle, followed by a small-bodied candle with a lower low and a higher close, and finally, a long bullish candle, indicating a reversal to the upside.
🚨6. **Evening Star**🔥: 📉 The opposite of the morning star pattern, this is a bearish three-candlestick pattern that forms at the top of an uptrend. It consists of a long bullish candle, followed by a small-bodied candle
La SEC retrasa la solicitud de Grayscale para el ETF al contado de ethereum (ETH)
Una semana después de retrasar la solicitud de ETF de ethereum al contado de Fidelity, la SEC ha vuelto a retrasar su decisión sobre la solicitud de ETF de ethereum al contado de Grayscale.
Curiosamente, la SEC preguntó específicamente si el mecanismo de consenso proof-of-stake de Ethereum y la "concentración de control o influencia por parte de unos pocos individuos o entidades" podría plantear problemas únicos para hacer que el fondo sea susceptible de fraude y manipulación.
La comunidad de criptoactivos estará muy pendiente del 23 de mayo, fecha en la que la SEC debe tomar su decisión final, ya sea aprobar o rechazar una solicitud de ETF de ethereum al contado de VanEck.
Como vimos con las solicitudes de ETF de bitcoin al contado, si el ETF de ethereum de VanEck se aprobara en mayo, es probable que todas las solicitudes actuales de ethereum al contado se aprobaran también al mismo tiempo.
Why Investors From Solana (SOL) and Cardano (ADA) Are Heavily Buying Into the Pushd (PUSHD) Presale
Pushd (PUSHD) continues to gain market attention, now in its fourth stage of presales and trading for $0.075. While the hype behind Pushd (PUSHD) continues, it doesn’t look like it’s letting down. The platform has crossed over 20,000 registrations and over 5,000 holders, reinstating its mission as the best market token during the next bullish market. On the other hand, Solana (SOL) and Cardano (ADA) have seen declining market values and trends.
Solana (SOL) trades at $91.21 in today’s market price, establishing the 24-hour trading volume of $1,047,939.85 and posing a 1.79% increase. Despite this, investors are not letting Pushd (PUSHD) pre-sales get past them. Cardano (ADA) trading today at $0.5049, with a 24-hour trading volume of $242,219,057.21. Holders of different coins are hoping to capitalize on Pushd (PUSHD) as a low-capped coin and make significant profits in the coming month during the bullish market. Pushd (PUSHD), as a new revolutionary platform and token, allows holders to diversify their holdings.
Solana (SOL) market price rises after an initial drop
Solana (SOL) had a weak early 2024, dropping to $88 before rising to $91 in today’s market. Despite the market turbulence, Solana (SOL) isn’t giving up its fight. But its holders are diversifying, massively buying into Pushd (PUSHD) to benefit from the fast, secure, and seamless new transaction model for the crypto ecosystem.
The past 12 months saw Solana (SOL) rise 262% in its market price, and this indicates a good-performing coin. Solana (SOL) posted a 12% rise last month, and investors are expecting good market gains, but Pushd (PUSHD), a new token platform, offers lifetime liquidity and has a 250,000,000 token up for grabs. While Solana (SOL) is showing market fluctuation, the holders have seen a better alternative, selling fast and showing huge market potential.
Cardano (ADA) regains, but what should holders do?
Blockchain research firm K33 alluded that Cardano (ADA) has no “meaningful use” in the market, causing investors to stay skeptical about the coin and what the future has for it. Cardano (ADA) has been averaging 90,000 transactions per day and currently increased in today’s market value. However, in a deep and careful market analysis, most of its daily average has been seen to be meaningless exchange transactions. Cardano (ADA) holders, on the other hand, are finding better opportunities in Pushd (PUSHD), hoping to leverage revenue fees accorded to early investors generated on the platform.
Cardano (ADA), though seeing a significant rise today, dropped 12% in the first week of 2024. It has seen slow market growth, and for investors looking to invest and get quick profit, Cardano (ADA) hasn’t offered the best market profit.
Pushd (PUSHD) is the investor’s choice.
Pushd (PUSHD) has attracted both new users and old investors from other token holdings. The decentralized marketplace, at its fourth stage of presales, is hoping to revolutionize the crypto ecosystem and compete with traditional media like Amazon and eBay.
The new platform, Pushd (PUSHD), seeks to liberate users from many stumbling blocks in the financial ecosystem. Pushd (PUSHD) removes KYC verification, allows users to suggest and make changes, and shapes the future of the blockchain ecosystem. With these, Solana (SOL) and Cardano (ADA) holders are actively harvesting its benefits for their use.
Find out more about the Pushd presale at their official website
What next for CAKE as PancakeSwap burns 8.5 million tokens?
🔥 PancakeSwap just burned 8.5 million $CAKE tokens, worth over $25M! 🥞 This major token burn follows a recent reduction in maximum supply to 450 million. The community-backed move aims for long-term stability and adoption in the DeFi ecosystem. 🌐💼
Trading fees, prediction, lottery, and more contributed to the burn. The CAKE community supports these regular burns, often coinciding with notable price movements. 📈🔥
Currently priced around $2.95, up 1.2% in the past 24 hours. 📊 If sentiment improves post-market declines, CAKE might reclaim highs near $3.94. Buyers could defend the $2.00-$2.50 region. 🚀🛡️
Stay tuned for more updates on PancakeSwap's journey! 🥞💰
Space ID Lowers Annual Fee for .bnb and .arb Domain Names to $5
According to Foresight News, Web3 domain and identity platform Space ID announced that the annual fee for .bnb and .arb 3/4 character domain names will be reduced to $5. The registration price will also be adjusted. A snapshot will be taken at 16:00 Beijing time on January 31 to determine the eligible domain name holder addresses. Qualified holders will receive ID token compensation.
Solana Is Far From Over: Expert Sees Bull Flag That Could Set Off Massive Rally Above $150
According to the findings of a new research conducted by a crypto expert, Solana (SOL) may very well be on track to continue its incredible run beginning in the year 2023. Within a short period of time, the analyst outlined a certain situation that may cause SOL to reach a price of as much as $150. The Ways in Which Solana Could Reach $150 A bull flag had established on the 4-hour chart that the analyst supplied, and the analyst said in a post on X (which was once known as Twitter) that Solana was breaking out of the bull flag. If the cryptocurrency token were to maintain a close that was higher than $106, he believes that it might potentially rise into the price range of $150 to $165. Nevertheless, this has not been the case, since the price of SOL has dropped to levels that are far lower than that since then. Following the formation of a bull flag on the 4-hour chart, Solana is now breaking out of the pattern. It is possible for a persistent closing over $106 to set off a 47% rally, which would drive the price of $SOL closer to the region of $150 to $165. As of right now, it seems like SOL is following the trend in the larger cryptocurrency market, which has been experiencing a downward trend ever since the permission of the Spot Bitcoin ETFs have been granted. It is thought that Bitcoin was priced in prior to the permission order being issued, which led to this fall in price. As a result, traders could be hoping to make a profit from the main cryptocurrency token as well as other cryptocurrencies like as SOL, in which they might have previously invested. The current market capitalization of SOL is $39.974 billion. TradingView.com is the chart. Although this event has taken place, the overall view for SOL seems to be optimistic. This is because there is a potential that the cryptocurrency token might once again reach its all-time high of $260 throughout the course of this year. When taking into consideration the fact that the next bull run is anticipated to start this year, maybe after the Bitcoin Halving, this seems to be a more plausible scenario. Due to the fact that it is presently trading below the psychological price level of $100, investors in SOL may see the current slump as a chance to load up on additional tokens. This is particularly true when taking into consideration the fact that it is currently selling less than $100. ETH Might Be the Coin That Starts the Altcoin Season Jaydee, a crypto expert, recently dropped a hint that Ethereum would be the currency that kicks off the altcoin season. At this point, it is common knowledge that other cryptocurrency tokens start to outperform Bitcoin. When the Relative Strength Index (RSI) breaks over the 20 mark, the analyst noticed that the "real altcoin season" has begun. This was discovered when the analyst was analyzing the price chart of Ethereum in comparison to Bitcoin. His hypothesis that Ethereum would usher in the altcoin season is supported by recent feelings in the cryptocurrency market as well. In anticipation of the possibility that Ethereum Spot ETFs would be approved, it seems that all focus is increasingly being directed on Ethereum. Traders are especially positive on Ethereum, according to a new observation made by the market intelligence platform Santiment. Following the approval of the ETFs, the feeling towards top-cap assets continues to be exceedingly hopeful, as the weekend has begun. This is due to the fact that the spotlights have been placed on these assets. The market value of Ethereum has surpassed $2,700 for the first time, which has caused traders to be very enthusiastic on the cryptocurrency. Keeping this in mind, it is possible that Ethereum could start to show major gains versus Bitcoin in the next weeks, which will set the stage for other alternative cryptocurrencies. In the aftermath of the adoption of the Spot Bitcoin ETF, Ethereum (ETH) has already shown tremendous power by soaring above $2,700. This is the first time that it has reached this level since May 2022. #sol #ETH #crypto2024 $SOL
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How to Easily Identify A Scam Airdrop In 2024
🌴Lack of Project Details:Scam airdrops often lack essential project information such as a whitepaper, a roadmap, or details about the team members involved,some go ahead to make use of unreal individuals🤣
Legitimate projects provide transparent information about their goals, technology, and the team's expertise.
For instance, a scam airdrop might have a website with vague descriptions or no clear outline of the project's purpose.
🌴Requesting Private Information: A significant red flag is when an airdrop asks for sensitive information like private keys, passwords, or personal identification details.
These are never required for legitimate airdrops. Scammers aim to gather this information to access users' wallets and steal their funds.
🌴Urgency and Pressure: Scammers create a false sense of urgency, pressuring participants to act quickly without allowing enough time for research or verification.
They might use phrases like "Limited time offer" or "Act now" to rush individuals into participation.
Authentic airdrops provide sufficient time for users to verify and join without time constraints.
🌴Unsolicited Announcements:If you receive an airdrop offer through unsolicited emails, direct messages on social media from unknown sources, or from unofficial channels, it's likely a scam.
Legitimate projects announce their airdrops through their official channels or reputable crypto news platforms.
🌴Minimal Social Media Presence: Scam airdrops might lack an active and engaged online presence. Their social media profiles could be newly created, have minimal followers, or show little activity.
🌴Requesting Payments:Airdrops that ask for payments to participate are definite scams. Authentic airdrops never require any form of payment.
Scammers might request small fees for verification or processing.
We hope you find this helpful and educative, please do well to like,Share and Follow @X mucaN
Binance is offering a presale of Cloud Mining products for BTC mining. Users who buy a new Cloud Mining product during the Subscription Period can get a 30% discount on cloud mining management fees.
🟡 Presale Details:
▪️ Subscription Period: 2024-01-08 02:00 (UTC) to 2024-01-31 02:00 (UTC)
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Bitcoin’s Rollercoaster Ride: Analyst Who Nailed 2022 Bottom Sees 35% Drop on Horizon
A crypto analyst warns that a possible denial of a spot Bitcoin ETF by the SEC could lead to a 37% price drop in Bitcoin.The analyst also suggests that even approval of the ETF could have a bearish impact due to market expectations being already priced in. Understanding the Potential Impact of a Bitcoin ETF Decision In the dynamic world of cryptocurrency, the decisions of regulatory bodies like the U.S. Securities and Exchange Commission (SEC) hold considerable sway over market movements. A recent analysis by a prominent cryptocurrency analyst, known pseudonymously as DonAlt, highlights the potential impact of the SEC’s upcoming decision on a spot Bitcoin exchange-traded fund (ETF) on Bitcoin’s (BTC) value. The Bearish Scenario of ETF Denial DonAlt, addressing his 56,200 subscribers on the TechnicalRoundup YouTube channel, speculates that a denial of the spot Bitcoin ETF could result in a significant downturn for Bitcoin. He estimates a potential nosedive of approximately 37% from its current level, potentially bringing the price down to the $27,000 to $28,000 range. This decline would essentially erase the gains attributed to the anticipation of the ETF, returning Bitcoin to its pre-ETF hype valuation. Uncertainty Even with Approval Conversely, the analyst suggests that even an approval of the spot Bitcoin ETF might not bode entirely well for Bitcoin’s price. While the market generally perceives such approval as bullish, DonAlt argues that much of this optimism might already be reflected in Bitcoin’s current price. Therefore, an approval could lead to a short-term spike, followed by a sell-off as investors capitalize on the price increase. This reaction could potentially drive Bitcoin‘s price down towards the $38,000 range before stabilizing back above $40,000. Bitcoin’s Price at a Crossroads As of this writing, Bitcoin is trading at $42,796, hovering in a zone of uncertainty. The market appears to be on the edge, awaiting the SEC’s decision, which could set the tone for Bitcoin‘s trajectory in the immediate future. In conclusion, the cryptocurrency market, particularly Bitcoin, stands at a critical juncture, with the SEC’s decision on the spot Bitcoin ETF poised to play a pivotal role in determining its short-term price movements. Whether it results in a significant decline or a tumultuous spike followed by a correction, investors and traders alike are bracing for potential volatility in the wake of the SEC’s decision. This situation underscores the complex interplay between regulatory actions and cryptocurrency market dynamics. Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Bitcoin #BTC