Blast
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📢 #Blast Buy Setup 🚀
The Blast/USDT chart signals a bullish reversal after breaking out of a descending triangle in early November. Price has been bounced multiple times from the strong horizontal support zone around $0.0071–$0.0078.
After the breakout, the price rallied and has now retraced back to the support zone, presenting a potential buying opportunity. 🔥
🔹 Aggressive Entry: Buy at the current price level to ride the potential upside.
🔹 Conservative Entry: DCA down to the green support zone between $0.0086–$0.0097 for a safer entry.
📈 Profit Targets: Clearly marked on the chart for planned exits and maximizing gains. 🚀✨
🔹 Exchanges: Coinbase, Bybit, MEXC, KuCoin, Gateio, HTX, Uniswap.
#RideTheKaiaWave #WeAreAllSatoshi #Layer2 #Blast #Layer2Solutions $OP
$ARB
$MANTA
After the breakout, the price rallied and has now retraced back to the support zone, presenting a potential buying opportunity. 🔥
🔹 Aggressive Entry: Buy at the current price level to ride the potential upside.
🔹 Conservative Entry: DCA down to the green support zone between $0.0086–$0.0097 for a safer entry.
📈 Profit Targets: Clearly marked on the chart for planned exits and maximizing gains. 🚀✨
🔹 Exchanges: Coinbase, Bybit, MEXC, KuCoin, Gateio, HTX, Uniswap.
#RideTheKaiaWave #WeAreAllSatoshi #Layer2 #Blast #Layer2Solutions $OP
$ARB
$MANTA
The 24-hour active addresses metric shows the percentage change in distinct addresses interacting with each chain over the past 24 hours:
1. #scroll : +69%
2. #Blast : +27%
3. Zora: +31%
4. Arbitrum One: +14%
5. #RedStone : +11%
6. Taiko: +9.4%
7. #Starknet : +9.4%
8. #OPMainnet : +6.8%
9. rhino.fi: +4.5%
10. ZKSync Era: +1.6%
$SCR
$ARB
$STRK
1. #scroll : +69%
2. #Blast : +27%
3. Zora: +31%
4. Arbitrum One: +14%
5. #RedStone : +11%
6. Taiko: +9.4%
7. #Starknet : +9.4%
8. #OPMainnet : +6.8%
9. rhino.fi: +4.5%
10. ZKSync Era: +1.6%
$SCR
$ARB
$STRK
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🌊Mount Gox plans to begin paying back some creditors “soon” in cash as stated in an email creditors received today.
The defunct bitcoin exchange, which collapsed in 2014, said in an email that its rehabilitation trustees “are making efforts to initiate cash payments within calendar year 2023.” However, repayment is likely to “continue until 2024” given the large number of rehabilitation creditors.
In a separate document sent to creditors today, Kobayashi said that on Nov. 17, the rehabilitation trustee received a redemption of 7 billion yen ($46.9 billion) of trust assets to fund repayment. The remaining amount of trust assets after the redemption is 8.8 billion yen, according to the notice.
This latest move appears to mark the first step in repaying all aid. In September, Mt. Gox extended the payment deadline for rehabilitation creditors from 31 October 2023 to 31 October 2024.
#RichardTeng #Blast #hodl #WLD #BTC
👉Follow, Like, Comment & Share 💖
The defunct bitcoin exchange, which collapsed in 2014, said in an email that its rehabilitation trustees “are making efforts to initiate cash payments within calendar year 2023.” However, repayment is likely to “continue until 2024” given the large number of rehabilitation creditors.
In a separate document sent to creditors today, Kobayashi said that on Nov. 17, the rehabilitation trustee received a redemption of 7 billion yen ($46.9 billion) of trust assets to fund repayment. The remaining amount of trust assets after the redemption is 8.8 billion yen, according to the notice.
This latest move appears to mark the first step in repaying all aid. In September, Mt. Gox extended the payment deadline for rehabilitation creditors from 31 October 2023 to 31 October 2024.
#RichardTeng #Blast #hodl #WLD #BTC
👉Follow, Like, Comment & Share 💖
ADA/USDT Bullish Technical Analysis in Daily Time Frame
ADA/USDT 1D Chart AnalysisSwing Trade Opportunity!Current Price: $0.38Technical Analysis:- Consolidating in a Channel- Golden crossover signals upcoming bullish momentumTrade Strategy:- Wait for price to test 200 EMA- Entry: $0.32 (Near 200 EMA)- Target Levels: $0.515 & $0.564- Stop Loss: $0.285 (Below 200 EMA)Outcome Expectation:- Anticipate a breakout from the channel- Potential for new highsLet's Ride the Bullish Wave.Follow us for more Quality analysis.#ADA #cardano #RichardTeng #hodl #Blast $BTC $ADA $XRP
Blast Pattern Expansion Process
Geology Gathering
Naturally, mining and explosives engineers need to understand what they are blasting. The first step of a blast process is to try to understand the rock that is meant to be blasted. Identify the exact parameter, in terms of geology and rock structures, that affect the blast and determine the easiness of a rock to break when submitted to an explosive stress, was always a complex process. The practice field experience still plays the major role when the discussion is about the future blast results (Persson, Holmberg, & Lee, 1993). In the next chapters the authors will present a new methodology to, statistically identify this rock factor or rock influence in the process of fragmentation prediction.
Pattern Planning
The second step on blast planning is the definition of its volume and general dimensions. This should be limited by operation characteristics like blasted volume needed, drilling and explosive supplier capacity Load&Haul availability and production. The general planning department generates a blast polygon with certain characteristics. Holes are distributed inside the polygon in order to provide the best energy or powder factor (kg of explosives per m3/t of rock) distribution. The sequence of diagrams shows the overall process.
Fragmentation Prediction
As mentioned before, based on primordial geology analysis and blast pattern characteristic it’s possible to infer (with a determinate degree of confidence) the size distribution of blast fragments. This first approach allows engineers to assess if their blast will achieve operation needs. Since it depends on a rock factor or rock constant, and the knowing that the crust can be very heterogenic, the prediction model needs to be constantly calibrated in order to provide reliable results. It will be explained afterwards.
Fragmentation Analysis
The way authors found to calibrate the fragmentation curve was by comparing the predicted fragmentation with the actual one. The last one can be obtained by photo analysis. There are several tools in the market that provide the needed technology to estimate the block size in a muckpile. In this research was used the iPad and iPhone WipWare’s application, which turned to be a very useful and accurate tool.
Model Calibration
Based on a linear optimization method (download full artice here), the process to calibrate the rock factor/rock influence constant, analyses the predicted and measured X20, X50, X80 and X90 to obtain a perfect match between the two fragmentation curves.
Results demands and application
On the changes application stage, there is the need to define the fragmentation restrictions. The model will find the best design parameter (optimum global points), such as burden, spacing, stemming, subdrilling, taking into account the restriction defined, to reduce the blast cost (objective function) and this last one based on the fragmentation restrictions calculated by the Kuz-Ram model. The design parameters restrictions, are based on empirical ranges that can be inspired by the investigation results of the researchers mentioned on the background chapter.
CASE STUDY AND RESULTS ANALYSIS
The next points detail each step of the optimization process (based on the methodology described before) and presents some of the achieved results.
Initial stage (IS)
The original situation’s benchmarking is a very important point to record. Every field change must be gradual and studied individually to identify potential issues or deep improvements on the process. The initial stage of the blast designs and results were recorded.
IS Design and Results
In terms of design, the analysed operation parameters and fragmentation results are presented on the following tables.
Rock factor calibration
Rock factor (rock blastability influence) parameters are present in the 3rd table (of the previous image). These values were used to predict further designs and pattern expansion plans.
It is possible to observe that the obtained fragmentation from photo analysis is slightly smaller than the prediction. Since Kuz-Ram models retrieve higher values of fragmentation when rock factor is higher (meaning the higher the rock factor the hardest is to break that rock) is understandable that the best fit factor must be smaller.
Application
With the calibrated rock factor, applied on the described on the non-lineal optimization model process, the design parameters, that best fulfills the empirical restrictions and match the fragmentation demands (X90 ≤ 400,00mm), were determined (following table)
This first approach must be treated as any other non-linear problem, considering that this solution can be an optimum local and not the global one. Knowing this, the practical methodology is presented below.
Results
The authors defined a plan to achieve the obtained results in order to avoid too much changes in the terrain and manage the results at every stage. Small changes were applied on each stage and fragmentation results were evaluated. The pattern was expanded until the limits of the desired fragmentation were acceptable. On the next table is possible to analyse the evolution on each stage.
Conclusion
Analysing previous table the authors incremented 10 cm on burden and spacing on each stage. Up to Stage 4 no fragmentation issue, however when the Stage 5 was applied some oversizes were observed (X90 = 481,53mm). The authors took the decision to select the Stage 4 as the “optimum global”.
This blast pattern was used to blast 5 020 000 m3 and, on next the first graphic, is presented the Drill and Blast improvements in terms of holes reduction (were estimated a reduction of 2779 holes applying this methodology). On the second one, the savings for drilling, explosives and accessories represents an overall saving of 826 019,59€.
The cost benefits and the quality of blast results prove by themselves the utility of this kind of numerical approaches on blast pattern definition. With this research is proved that it’s possible to build mathematical models that simulate results for a blast geometric variables. This methodology proved to be very useful in setting strategies for cost reduction and blast optimization. It’s always important to combine mathematic models with field experience to avoid excessive changes and end up with productivity and safety issues.
This kind of approaches can be used not only for pattern expansion but also for patter adjustments (sometime closing the pattern) to fulfill mine to mill demands in terms of blast results.
#Blast #BTC #Onchain
$BTC $BNB
Naturally, mining and explosives engineers need to understand what they are blasting. The first step of a blast process is to try to understand the rock that is meant to be blasted. Identify the exact parameter, in terms of geology and rock structures, that affect the blast and determine the easiness of a rock to break when submitted to an explosive stress, was always a complex process. The practice field experience still plays the major role when the discussion is about the future blast results (Persson, Holmberg, & Lee, 1993). In the next chapters the authors will present a new methodology to, statistically identify this rock factor or rock influence in the process of fragmentation prediction.
Pattern Planning
The second step on blast planning is the definition of its volume and general dimensions. This should be limited by operation characteristics like blasted volume needed, drilling and explosive supplier capacity Load&Haul availability and production. The general planning department generates a blast polygon with certain characteristics. Holes are distributed inside the polygon in order to provide the best energy or powder factor (kg of explosives per m3/t of rock) distribution. The sequence of diagrams shows the overall process.
Fragmentation Prediction
As mentioned before, based on primordial geology analysis and blast pattern characteristic it’s possible to infer (with a determinate degree of confidence) the size distribution of blast fragments. This first approach allows engineers to assess if their blast will achieve operation needs. Since it depends on a rock factor or rock constant, and the knowing that the crust can be very heterogenic, the prediction model needs to be constantly calibrated in order to provide reliable results. It will be explained afterwards.
Fragmentation Analysis
The way authors found to calibrate the fragmentation curve was by comparing the predicted fragmentation with the actual one. The last one can be obtained by photo analysis. There are several tools in the market that provide the needed technology to estimate the block size in a muckpile. In this research was used the iPad and iPhone WipWare’s application, which turned to be a very useful and accurate tool.
Model Calibration
Based on a linear optimization method (download full artice here), the process to calibrate the rock factor/rock influence constant, analyses the predicted and measured X20, X50, X80 and X90 to obtain a perfect match between the two fragmentation curves.
Results demands and application
On the changes application stage, there is the need to define the fragmentation restrictions. The model will find the best design parameter (optimum global points), such as burden, spacing, stemming, subdrilling, taking into account the restriction defined, to reduce the blast cost (objective function) and this last one based on the fragmentation restrictions calculated by the Kuz-Ram model. The design parameters restrictions, are based on empirical ranges that can be inspired by the investigation results of the researchers mentioned on the background chapter.
CASE STUDY AND RESULTS ANALYSIS
The next points detail each step of the optimization process (based on the methodology described before) and presents some of the achieved results.
Initial stage (IS)
The original situation’s benchmarking is a very important point to record. Every field change must be gradual and studied individually to identify potential issues or deep improvements on the process. The initial stage of the blast designs and results were recorded.
IS Design and Results
In terms of design, the analysed operation parameters and fragmentation results are presented on the following tables.
Rock factor calibration
Rock factor (rock blastability influence) parameters are present in the 3rd table (of the previous image). These values were used to predict further designs and pattern expansion plans.
It is possible to observe that the obtained fragmentation from photo analysis is slightly smaller than the prediction. Since Kuz-Ram models retrieve higher values of fragmentation when rock factor is higher (meaning the higher the rock factor the hardest is to break that rock) is understandable that the best fit factor must be smaller.
Application
With the calibrated rock factor, applied on the described on the non-lineal optimization model process, the design parameters, that best fulfills the empirical restrictions and match the fragmentation demands (X90 ≤ 400,00mm), were determined (following table)
This first approach must be treated as any other non-linear problem, considering that this solution can be an optimum local and not the global one. Knowing this, the practical methodology is presented below.
Results
The authors defined a plan to achieve the obtained results in order to avoid too much changes in the terrain and manage the results at every stage. Small changes were applied on each stage and fragmentation results were evaluated. The pattern was expanded until the limits of the desired fragmentation were acceptable. On the next table is possible to analyse the evolution on each stage.
Conclusion
Analysing previous table the authors incremented 10 cm on burden and spacing on each stage. Up to Stage 4 no fragmentation issue, however when the Stage 5 was applied some oversizes were observed (X90 = 481,53mm). The authors took the decision to select the Stage 4 as the “optimum global”.
This blast pattern was used to blast 5 020 000 m3 and, on next the first graphic, is presented the Drill and Blast improvements in terms of holes reduction (were estimated a reduction of 2779 holes applying this methodology). On the second one, the savings for drilling, explosives and accessories represents an overall saving of 826 019,59€.
The cost benefits and the quality of blast results prove by themselves the utility of this kind of numerical approaches on blast pattern definition. With this research is proved that it’s possible to build mathematical models that simulate results for a blast geometric variables. This methodology proved to be very useful in setting strategies for cost reduction and blast optimization. It’s always important to combine mathematic models with field experience to avoid excessive changes and end up with productivity and safety issues.
This kind of approaches can be used not only for pattern expansion but also for patter adjustments (sometime closing the pattern) to fulfill mine to mill demands in terms of blast results.
#Blast #BTC #Onchain
$BTC $BNB
"BLAST" NexT Gem wiTh BinancE:A Comprehensive Guide to Participating in the Blast Airdrop.
If you view just give a like.👍👍In the bustling realm of decentralized finance (DeFi), Blast has emerged as a beacon of innovation, promising a seamless user experience and lucrative rewards. To fuel its growth and attract early adopters, Blast has announced an airdrop program, a distribution of its native token, BLAST, to eligible users. This comprehensive guide will equip you with the knowledge and strategies to navigate the airdrop process and potentially reap substantial rewards.Embarking on the Airdrop Journey: A Step-by-Step GuideJoin Blast's Early Access Program: Visit the Blast website and click on the "Join Early Access" button. To gain entry, you'll need an invite code, which can be obtained through their Discord channel.Follow Blast on Social Media: Stay up-to-date with the latest airdrop developments by following Blast on Twitter and Discord. These platforms often serve as the primary channels for airdrop announcements and eligibility updates.Connect Your Wallet: Connect your compatible cryptocurrency wallet to the Blast platform. This will allow you to interact with the ecosystem and potentially earn airdrop rewards.Bridge ETH or Other Tokens: Bridge ETH or other supported tokens to the Blast L2 network. This demonstrates your commitment to the project and increases your chances of receiving a significant airdrop allocation.Engage in Platform Activities: Actively participate in Blast's ecosystem by providing liquidity to pools, participating in governance, and inviting friends to join the platform. These actions showcase your support and enhance your eligibility for the airdrop.Engage in Platform Activities: Actively participate in Blast's ecosystem by providing liquidity to pools, participating in governance, and inviting friends to join the platform. These actions showcase your support and enhance your eligibility for the airdrop.Unlocking the Rewards: Key Eligibility CriteriaWhile the exact details of eligibility are yet to be fully disclosed, Blast is likely to reward early users who have actively engaged with the platform. Here are some key factors that could influence your airdrop allocation:Early Participation: Being among the first to engage with Blast's platform will undoubtedly increase your chances of receiving a substantial airdrop allocation.Bridge Participation: Bridging ETH or other tokens to the Blast L2 network demonstrates your commitment to the project and could significantly enhance your airdrop rewards.Liquidity Provision: Providing liquidity to Blast's liquidity pools contributes to the ecosystem's growth and could earn you a larger share of the airdrop.Governance Engagement: Actively participating in governance discussions and voting on proposals showcases your involvement in the project's direction and could boost your airdrop eligibility.Friend Referrals: Inviting friends to join the Blast community expands the project's reach and could earn you additional airdrop rewards.Maximizing Your Airdrop Potential: Strategic Considerations.Diversify Your Engagement: Engage with multiple aspects of the Blast ecosystem, such as bridging, liquidity provision, and governance participation, to maximize your airdrop potential.Maintain Active Participation: Continuously interact with the Blast platform throughout the airdrop period to demonstrate your dedication and increase your chances of receiving a substantial allocation.Stay Informed: Regularly check Blast's official channels and social media platforms to stay updated on the latest airdrop developments and eligibility criteria.Conclusion: Navigating the Path to Rewards.The Blast airdrop presents a compelling opportunity for investors and enthusiasts to join the project's journey and potentially reap significant rewards. By following the strategies outlined in this guide, you can position yourself to maximize your chances of receiving a substantial airdrop allocation. Remember, the key lies in active engagement, early participation, and a commitment to the project's growth. As Blast continues to evolve, the airdrop holds the potential to unlock a treasure trove of rewards for those who embrace the project's innovative approach to DeFi.
Two-day-old Blast draws $135m as investors seek yields and airdrops and there's airdrop too.
Less than 48 hours after its announcement, the new blockchain project Blast has won over investors lured by the promise what it calls “native yield” on Ether and stablecoin deposits.
Blast, a so-called layer 2 blockchain designed to help Ethereum scale, now holds over $135 million worth of crypto assets consisting of Ether, Lido staked Ether, and MakerDAO’s stablecoin DAI. Holders can earn 4% on their Ether and 5% on stablecoins.
▪︎Investors deposit more than $135 million in Blast, a layer 2 blockchain that's yet to be launched.
▪︎Blast promises what it calls native yields on Ether and stablecoins.
▪︎And there's airdrop too.
#Blast #ETH #airdropclaim
$BTC $SOL $SHIB
Less than 48 hours after its announcement, the new blockchain project Blast has won over investors lured by the promise what it calls “native yield” on Ether and stablecoin deposits.
Blast, a so-called layer 2 blockchain designed to help Ethereum scale, now holds over $135 million worth of crypto assets consisting of Ether, Lido staked Ether, and MakerDAO’s stablecoin DAI. Holders can earn 4% on their Ether and 5% on stablecoins.
▪︎Investors deposit more than $135 million in Blast, a layer 2 blockchain that's yet to be launched.
▪︎Blast promises what it calls native yields on Ether and stablecoins.
▪︎And there's airdrop too.
#Blast #ETH #airdropclaim
$BTC $SOL $SHIB
Blur soars 83% this week🚀
Historically, massive token releases like Blur’s increase selling pressure that, in turn, pulls down the asset’s price. Such was the case for crypto assets like ApeCoin (APE) and Optimism (OP), whose values plummeted 16% and 12%, respectively, following their token releases in August.
However, BLUR has defied the norm and continued to soar. Davis said the asset’s unusual reaction could be due to “bull market vibes” from the crypto space. While the crypto influencer’s remarks may be speculation, analysts have confirmed that bull market patterns have begun to appear.
Bitfinex found certain behavior in several investor cohorts, suggesting we may be in the initial stage of a bull market. The market is seeing low sell-side liquidity as large and long-term BTC holders have refused to let go of their assets, indicating a strong belief that there may be more room for the price to rise. These claims are substantiated by the effects of the upcoming Bitcoin halving event.
#BTC #Blast #Blur
Historically, massive token releases like Blur’s increase selling pressure that, in turn, pulls down the asset’s price. Such was the case for crypto assets like ApeCoin (APE) and Optimism (OP), whose values plummeted 16% and 12%, respectively, following their token releases in August.
However, BLUR has defied the norm and continued to soar. Davis said the asset’s unusual reaction could be due to “bull market vibes” from the crypto space. While the crypto influencer’s remarks may be speculation, analysts have confirmed that bull market patterns have begun to appear.
Bitfinex found certain behavior in several investor cohorts, suggesting we may be in the initial stage of a bull market. The market is seeing low sell-side liquidity as large and long-term BTC holders have refused to let go of their assets, indicating a strong belief that there may be more room for the price to rise. These claims are substantiated by the effects of the upcoming Bitcoin halving event.
#BTC #Blast #Blur
SKL/USDT Update
SKL Breaout done from the Symmetrical .. And it has a strong support aria at 0.46 level skl need to hold this support for further big big according to TA is was heavy bullish at this time.. Expected pump to 0.050,0.55,0.60,0.70+++ keep eys kn it..
@Markhoradmin
$BTC $ETH
#etf #RichardTeng #Onchain #Blast #BTC
SKL Breaout done from the Symmetrical .. And it has a strong support aria at 0.46 level skl need to hold this support for further big big according to TA is was heavy bullish at this time.. Expected pump to 0.050,0.55,0.60,0.70+++ keep eys kn it..
@Markhoradmin
$BTC $ETH
#etf #RichardTeng #Onchain #Blast #BTC
🚨 SPOT CALL ALERT 🚨
I have posted over 20 coins for spot holding and over 90% of them already showed significant improvement from my buying price.
I will share 5 more coins soon. I want you to be sensible with your spot holding for bullrun.
This will be your final opportunity to gain maximum benefits from bullrun. Because you will never see such wild fluctuations again due to compliance regulations in near future for #BTC and major alts. Be smart #hodl
#WLD #Blast
I have posted over 20 coins for spot holding and over 90% of them already showed significant improvement from my buying price.
I will share 5 more coins soon. I want you to be sensible with your spot holding for bullrun.
This will be your final opportunity to gain maximum benefits from bullrun. Because you will never see such wild fluctuations again due to compliance regulations in near future for #BTC and major alts. Be smart #hodl
#WLD #Blast
See original
Blast main network launched, where users transferred $2.3 billion
On March 1, the Blast second-layer blockchain team announced the launch of its main network, to which the first users can already connect and use its Blast decentralized applications (Dapps).
A Tier 2 project representative noted that 181,888 community members have transferred $2.3 billion to Blast during the early access phase. He also confirmed that these community members will earn $85 million per year through organic returns and Blast points.
According to the statement, the project is preparing an airdrop, with half of the allocated tokens being distributed among users. The second half will be used to support decentralized applications such as Blast Gold.
In addition, it is noted that more than 3,000 teams began working on Blast even before the launch of the mainnet. They have created decentralized applications that can only exist on Blast because they use Blast's own gas mining and distribution primitives.
#Blast #Write2Earn #TrendingTopic #news
On March 1, the Blast second-layer blockchain team announced the launch of its main network, to which the first users can already connect and use its Blast decentralized applications (Dapps).
A Tier 2 project representative noted that 181,888 community members have transferred $2.3 billion to Blast during the early access phase. He also confirmed that these community members will earn $85 million per year through organic returns and Blast points.
According to the statement, the project is preparing an airdrop, with half of the allocated tokens being distributed among users. The second half will be used to support decentralized applications such as Blast Gold.
In addition, it is noted that more than 3,000 teams began working on Blast even before the launch of the mainnet. They have created decentralized applications that can only exist on Blast because they use Blast's own gas mining and distribution primitives.
#Blast #Write2Earn #TrendingTopic #news
I'm not aware of the latest news, as my training only includes information up to January 2022. However, it's not uncommon for technology companies to face legal challenges related to their policies. Lawsuits can have various outcomes, and the resolution often depends on legal arguments and interpretations. If there's been a recent development, you may want to check the latest news sources for updates on the Apple lawsuit regarding crypto and peer-to-peer payments restrictions.
#BTC #Blast
#BTC #Blast
LIVE
Bitcoinleef
--
Apple Sued For Restricting Crypto And Other Peer-To-Peer Payments
The class action complaint alleges that Apple’s policy of limiting cryptocurrency payments may be in violation of anti-trust regulations.
There have been several accusations that Apple engages in anti-competitive actions related to the payment methods that are compatible with their products.
The most high-profile instance of this kind of action against the Cupertino electronics maker can be seen in the seminal case vs. Epic Games. In this case, Epic Games was able to win the right to notify app users of other payment methods that could avoid Apple Pay’s 30% cut of the revenue.
The giant had to cope with a private antitrust case in September, when they were said to have harmed rival wallets by exploiting their monopoly on Apple products. European Union authorities have also launched a similar probe. Their results have remained undisclosed at this time.
But now Apple is the target of a new class-action lawsuit in California, which accuses the tech giant of severely limiting the use of cryptocurrency as a payment option. The plaintiffs claim that Apple consumers are unjustly charged exorbitant fees for using their payment systems, and that there are no other options available to them.
When it comes to mobile P2P payments, the iPhone is king. With decentralized payments, iPhone users may send money to one other directly, without any middlemen, and at far cheaper transaction rates compared to what services like Venmo, Cash App, and Apple charge to transfer funds between bank accounts and credit cards. Despite its clear practicality, the iPhone still lacks support for decentralized payment processing.
This latest complaint claims that Apple has conspired with PayPal and Block’s peer-to-peer payment network CashApp to engage in anti-competitive practices.
The plaintiffs did not sue Block or PayPal, which is rather interesting. The plaintiffs may be implying that they feel PayPal and Block were coerced into these anti-competitive arrangements.
It is up to the court to determine whether the two businesses were coerced into the agreement or if the conditions were mutually advantageous.
Among the crypto-related applications that the complaint claims Apple has banned from the App Store are the Zeus Bitcoin wallets. The decentralized social networking software Damus, which Dorsey supported, faced similar threats of removal from the software Store for its tipping function. However, it was ultimately granted permission to remain on the marketplace.
There have been several accusations that Apple engages in anti-competitive actions related to the payment methods that are compatible with their products.
The most high-profile instance of this kind of action against the Cupertino electronics maker can be seen in the seminal case vs. Epic Games. In this case, Epic Games was able to win the right to notify app users of other payment methods that could avoid Apple Pay’s 30% cut of the revenue.
The giant had to cope with a private antitrust case in September, when they were said to have harmed rival wallets by exploiting their monopoly on Apple products. European Union authorities have also launched a similar probe. Their results have remained undisclosed at this time.
But now Apple is the target of a new class-action lawsuit in California, which accuses the tech giant of severely limiting the use of cryptocurrency as a payment option. The plaintiffs claim that Apple consumers are unjustly charged exorbitant fees for using their payment systems, and that there are no other options available to them.
When it comes to mobile P2P payments, the iPhone is king. With decentralized payments, iPhone users may send money to one other directly, without any middlemen, and at far cheaper transaction rates compared to what services like Venmo, Cash App, and Apple charge to transfer funds between bank accounts and credit cards. Despite its clear practicality, the iPhone still lacks support for decentralized payment processing.
This latest complaint claims that Apple has conspired with PayPal and Block’s peer-to-peer payment network CashApp to engage in anti-competitive practices.
The plaintiffs did not sue Block or PayPal, which is rather interesting. The plaintiffs may be implying that they feel PayPal and Block were coerced into these anti-competitive arrangements.
It is up to the court to determine whether the two businesses were coerced into the agreement or if the conditions were mutually advantageous.
Among the crypto-related applications that the complaint claims Apple has banned from the App Store are the Zeus Bitcoin wallets. The decentralized social networking software Damus, which Dorsey supported, faced similar threats of removal from the software Store for its tipping function. However, it was ultimately granted permission to remain on the marketplace.
Fear of failure is worse than failure.
1) Know your system
Decrease your risk.
Backtest your system.
Win with your system.
2) Know your skills
Think in probabilities.
No other people's opinions.
Overcome mistakes and failures.
3) Break your limits
Set goals and crush them.
Set bigger goals and crush them.
Know your limits and break them.
Confidence is the ability to trade fearless.
When you trade fearless, your potential is limitless.
#BTC #BinanceTournament #Blast #Onchain #etf
1) Know your system
Decrease your risk.
Backtest your system.
Win with your system.
2) Know your skills
Think in probabilities.
No other people's opinions.
Overcome mistakes and failures.
3) Break your limits
Set goals and crush them.
Set bigger goals and crush them.
Know your limits and break them.
Confidence is the ability to trade fearless.
When you trade fearless, your potential is limitless.
#BTC #BinanceTournament #Blast #Onchain #etf
$BTC $BNB Have Reason for Every Trade
Clear Stops, Clear Targets, Have Plan
FOMO: Be Aware
Risk Management / Not Just for Crypto
Cryptocurrencies Are Traded Against Bitcoin, or BTC is the King
Must-Have Tips for Trading Altcoins
ICOs, IEOs, IDOs: Crypto Token Sales
Practical Trading Tips: Start Today, Right Now
Ignore Financial News and Other Traders
Have Long-Term End Goal
Identify Crypto Scams in Seconds
What You Need to Know About Your Long-Term Portfolio
The Profit Is Temporary Until You Meet the Fiat
Create Group With Your Trading Buddies
But Wait, There’s More
#Blast #BTC #etf
Clear Stops, Clear Targets, Have Plan
FOMO: Be Aware
Risk Management / Not Just for Crypto
Cryptocurrencies Are Traded Against Bitcoin, or BTC is the King
Must-Have Tips for Trading Altcoins
ICOs, IEOs, IDOs: Crypto Token Sales
Practical Trading Tips: Start Today, Right Now
Ignore Financial News and Other Traders
Have Long-Term End Goal
Identify Crypto Scams in Seconds
What You Need to Know About Your Long-Term Portfolio
The Profit Is Temporary Until You Meet the Fiat
Create Group With Your Trading Buddies
But Wait, There’s More
#Blast #BTC #etf
$BTC
Yesterday's CZ news shaked the crypto market.
But it's amazing how BTC held here and didn't break structure. And that's already telling me a story... I don't think they have finished the work in this zone.
Put that together with the liquidity above the current double top. Sweep of the highs still likely.
We're back on Sunday's PA: Reclaim 4h50EMA and grey box and I'll look for longs with TP at sweep of the highs.
#BTC #RichardTeng #Blast
Yesterday's CZ news shaked the crypto market.
But it's amazing how BTC held here and didn't break structure. And that's already telling me a story... I don't think they have finished the work in this zone.
Put that together with the liquidity above the current double top. Sweep of the highs still likely.
We're back on Sunday's PA: Reclaim 4h50EMA and grey box and I'll look for longs with TP at sweep of the highs.
#BTC #RichardTeng #Blast