1. Lido halted Solana staking in October 2023 due to financial and fee issues, leading to approximately $25 million SOL trapped in its smart contracts.
2. Technical complexities in the unstaking process are causing difficulties for users trying to retrieve their SOL holdings from Lido.
3. Users express frustration over Lido's lack of communication regarding the situation, exacerbating confusion and discontent.
4. Although the withdrawal function issue has been pinpointed, resolving it through Lido DAO may prove challenging and time-consuming.
5. With $25 million SOL locked in Lido's smart contracts, the community faces obstacles in reclaiming their funds amidst technical hurdles and communication shortcomings.

Amidst the cessation of Solana staking by Lido due to financial and fee-related challenges, millions of dollars worth of staked Solana tokens remain locked in Lido's smart contracts, complicating the situation for users seeking to reclaim their assets. The discontinuation of Solana staking on Lido, announced in October 2023, left users with limited options, primarily resorting to Solana's command line interface (CLI) for withdrawals after February of the following year.
However, the complexity of utilizing the CLI has proven daunting for many users, evidenced by the flood of inquiries and complaints inundating Lido's Discord channel. As reported by SolScan, approximately $25,179,140 million worth of staked Solana (stSOL) remains inaccessible to around 31,587 holders, exacerbating frustration among the community.
Moreover, communication from Lido regarding the situation has been criticized as lacking, leaving users in the dark about potential resolutions and exacerbating their discontent. Recent insights from Pavel Pavlov, a product manager from P2P Validator, shed light on a potential technical issue with the smart contract's withdrawal function, specifically related to changes in the Rent-Exempt Split logic. Despite identifying the issue, P2P Validator acknowledges its limited control over the situation, suggesting the involvement of Lido DAO for a potential solution.
However, rectifying the smart contract issue poses a daunting challenge, requiring a complex and time-consuming process with no guarantee of a straightforward resolution. Meanwhile, amidst the turmoil surrounding Solana staking on Lido, the broader Solana market exhibits signs of recovery and resilience. Despite recent downward pressure on Solana's price, evidenced by a decline from $210 to $177, bullish momentum persists, as indicated by recent price action.
Analysts suggest monitoring key support levels, particularly $177, while anticipating a potential retest of the $203 resistance level. However, given the inherently volatile nature of cryptocurrency markets, investors are advised to conduct thorough research and exercise caution when making financial decisions.

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- Investors await Ethereum ETF following Bitcoin ETF success in January.
- Bitwise applies for an Ethereum ETF spot, anticipating December approval.
- Bitwise CIO advises against a rushed May launch.
- December launch allows traditional finance adjustment after Bitcoin ETFs, aiding smoother adoption.
- Despite the delay, Ethereum ETF launch remains a significant crypto market milestone.

Bitwise Ethereum ETF Proposal:
Bitwise has applied for U.S. SEC approval to launch a spot Ether ETF, following the success of Bitcoin ETFs earlier this year. Dubbed the “Bitwise Ethereum Trust,” the ETF aims to directly hold Ethereum, providing investors with exposure to the cryptocurrency. Additionally, the Bitwise Ethereum Trust may leverage staking services, potentially enhancing investor returns by earning rewards from staking activities.
Timing Concerns:
Matt Hougan, Bitwise's Chief Investment Officer, advocates for a strategic approach to the Ethereum ETF launch. Rather than rushing for a May approval, Hougan suggests waiting until December for regulatory clarity. He emphasizes the importance of strategic positioning and gradual adoption, cautioning against hasty decisions. Moreover, the overshadowing of Ethereum's recent Dencun upgrade by Bitcoin's prominence highlights the challenge of gaining traction for Ethereum in the market.
Strategic Approach:
Hougan's approach aligns with a broader strategy of allowing Traditional Finance platforms to adjust to Bitcoin ETFs before introducing an Ethereum ETF. This gradual approach aims to foster receptivity among traditional investors and ensure smoother adoption of Ethereum products. Experts predict a 50-50 chance of an Ether ETF approval by May, suggesting a longer wait for regulatory clarity. Nonetheless, the eventual arrival of an Ethereum ETF signifies a significant milestone for global investors.
Disclaimer: Voice of Crypto aims to provide accurate information but does not assume liability for any missing facts or inaccuracies. Cryptocurrencies are volatile assets, requiring individual research and decision-making.

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1. Post-Halving Analysis: Bitcoin's Rally and Market Sentiment
2. Bitcoin ETFs Rebound: Inflows Signal Renewed Investor Interest
3. Surging Mining Stocks: Indicators of Market Optimism
4. Forecasting Bitcoin's Future: Potential for 360% Growth by 2028
5. Halving Success: Bitcoin's Price Trajectory and Investment Trends

The Current Market Landscape
As of the latest update, Bitcoin's price continues to hover between the $61,000 and $64,000 zones, currently standing at $63,872. This consolidation phase follows an initial rally to $65,481 post-halving, as part of a broader attempt to breach the $71,000 resistance level.
Market Dynamics:
Five spot Bitcoin ETFs in the US have reversed the trend of outflows seen in the GBTC, injecting $30.4 million into the market after five consecutive days of outflows, according to Farside data.
Additionally, Bitcoin mining stocks such as Riot Platforms ($RIOT), Marathon Digital ($MARA), and Clean Spark ($CLSK) have surged, with gains of up to 10%, 9.78%, and 5.98% respectively in the last day.
Price Expectations:
Reflecting on historical trends, Bitcoin has demonstrated significant rallies following each halving event. For instance, between the 2020 and 2022 halvings, Bitcoin surged approximately 800% to reach an all-time high of $69,000.
However, the law of diminishing returns suggests diminishing effects with each subsequent halving. Historically, Bitcoin rallies have declined by around 45% following each halving event.
Looking ahead, market observers anticipate a potential 360% rally in this cycle, with a projected cycle high of approximately $300,000 before the 2028 halving, assuming a current price of $70,000.
It's important to note that this peak will likely occur between halving events, and Bitcoin may retreat to around $60,000 during the next bear market bottom. Additionally, some analysts, like the software engineer and author of "The Final Flaw," predict even higher targets, such as $477,972 by the 2028 halving.
As with any investment, caution is advised, and individual research and decision-making are essential due to the volatile nature of cryptocurrencies.
[Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, it does not assume responsibility for any missing facts or inaccuracies. Investors should conduct their own research and make informed financial decisions.]

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1. The enigmatic figure behind Bitcoin, Satoshi Nakamoto, has eluded identification for over 15 years.
2. A California engineer, mistakenly linked to Nakamoto due to a shared surname, faced unwarranted scrutiny.
3. Australian computer scientist Craig Wright's assertions of being Nakamoto were debunked through legal proceedings, revealing them as falsehoods.
4. Gavin Andresen, an early Bitcoin developer, shares a deep involvement with the project but disclaims any association with Nakamoto.
5. Nick Szabo, creator of BitGold predating Bitcoin, possesses the requisite technical expertise but denies involvement in Bitcoin's creation.

Dorian Nakamoto: A Case of Mistaken Identity
Dorian Nakamoto, a retired engineer from California, found himself thrust into the limelight due to his shared surname with Bitcoin's elusive creator. Mistakenly identified as Satoshi Nakamoto, Dorian faced unwanted media attention, vehemently denying any involvement with Bitcoin past or present. Despite his lack of knowledge and a credible denial, speculation persisted around his potential connection to Bitcoin's origins.
Craig Wright: False Claims and Legal Battles
Australian computer scientist Craig Wright emerged as one of the most vocal claimants to the title of Satoshi Nakamoto. Making bold assertions over the years, Wright faced legal challenges and scrutiny. In 2024, a UK court ruled against Wright, exposing his claims as lies and falsified documents. Moreover, Wright's personal assets were frozen over the Nakamoto claims, marking a potential end to his saga.
Gavin Andresen: A Key Player with Uncertain Allegiances
Gavin Andresen, a prominent figure in the early days of cryptocurrency, has long been associated with Bitcoin's development. Despite denying any role as Nakamoto, Andresen's close ties to the project fuel speculation. However, his endorsement of Craig Wright's claims raises questions about his allegiances and potential involvement in Bitcoin's creation.
Nick Szabo: The Leading Contender with Denials
Nick Szabo, known for his contributions to smart contracts and digital currency concepts, is often touted as a leading contender for the title of Satoshi Nakamoto. Despite possessing the necessary expertise and creating a precursor to Bitcoin called BitGold, Szabo vehemently denies being Nakamoto. His deep understanding of cryptography and blockchain technology further deepens the mystery surrounding Bitcoin's creator.
Hal Finney: An Intriguing Figure with Connections
Hal Finney, a close associate of Nakamoto and the recipient of the first Bitcoin transaction, holds a unique position in the quest to unmask Satoshi. Speculation suggests Finney may have adopted the Nakamoto alias, further intertwining his legacy with Bitcoin's origins. However, Finney's battle with ALS and subsequent passing in 2014 leaves his role in the Satoshi Nakamoto mystery unresolved.
The Continuing Quest for Truth
Despite ongoing speculation and investigation, the true identity of Satoshi Nakamoto remains one of the greatest mysteries of the digital age. As the search for answers continues, the enigma surrounding Bitcoin's creation persists, leaving the quest for truth and resolution open-ended.

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Worldcoin is planning to increase the supply of its tokens by up to 19% in the next six months through private sales.This increase in token circulation is expected to dilute the value of the existing tokens.Worldcoin aims to sell the tokens at a price close to the current market price to minimize the negative impact on the price.Despite the planned increase in supply, analysts believe Worldcoin remains bullish in the long term, as long as the price stays above a certain level.A break above $6 could signal a price increase towards $14.23.

Increasing Token CirculationIn a recent blog post, Worldcoin revealed plans to gradually release between 0.5 million and 1.5 million $WLD tokens per week to select trading firms outside the US. Managed by World Assets, a company under the Worldcoin Foundation's umbrella, this initiative aims to inject approximately 36 million new tokens into the market over the span of six months.At current market rates, this sell-off strategy is anticipated to yield around $197 million in total. World Assets intends to execute private placements for these WLD tokens over the course of six months, aiming to negotiate sales close to market prices to mitigate potential bearish impacts.Impact on WorldcoinThe influx of 36 million additional tokens into circulation is expected to significantly affect the value of $WLD . With a current circulating supply of approximately 194 million out of a total supply of 10 billion tokens, the introduction of these new tokens may dilute the value of $WLD , given the relatively small percentage of circulating supply compared to the total.Worldcoin Analysis and ForecastWorldcoin's market capitalization currently stands at around $1 billion, positioning it as the 98th largest cryptocurrency by market cap. Despite the impending increase in token circulation, Worldcoin has shown resilience in its price trends, bouncing off ascending trendlines and indicating bullish sentiment in the long term.Chart analysis suggests that $WLD $WLD pported by an ascending trendline, with significant resistance observed around $6. Should this level be breached, it may pave the way for further bullish momentum, potentially targeting a price point of $14.23.DisclaimerWhile the Voice of Crypto endeavors to provide accurate and timely information, readers are encouraged to conduct their own research and make informed financial decisions. Cryptocurrencies are volatile assets, and caution should be exercised when trading or investing in them.

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The Solana (SOL) cryptocurrency coin is now seeing meteoric growth, and all signs point to it not slowing down anytime soon as it approaches $100.There are a number of positive stories circulating inthe Solana ecosystem, so this is certainly doable. Curiously, SOL is now the fifth biggest cryptocurrency by market cap, surpassing XRP.Seriously, Solana DeFi 2.0A tweet by the official Solana X (formerly Twitter) account on December 16 said, "Solana DeFi 2.0 is just getting started." With its DeFi network gaining momentum, SOL might be up to something. Solana and Ethereum have been competing head-to-head in terms of DEX volumes on their respective chains, according to data from DeFiLlama.The 7-day DEX volume for Solana recently broke Ethereum's record. Over the past week, trade activity on SOL has totaled about $9.03 billion across all DEXs on the network. The Ethereum market was worth $8.836 billion simultaneously. It becomes even more astounding when you think about how Ethereum is home to the leading decentralized exchanges.The inevitable $100 price point for SolaSOLna is imminent given the amount of capital flooding into the ecosystem. According to DeFi Llama's data, a lot of people are increasing their investments in the Solana ecosystem. The Total Value Locked (TVL) on Solana has reached $1.20 billion, its highest level since last year, as of this writing.It is important to recognize the protocols that are expanding upon Solana. Jito, a protocol for liquid staking, is one of them; it has more than $570 million in locked funds. A recent airdrop of $225 million to $SOL users by the DeFi platform injected fresh capital into the economy.The "Ethereum Killer" moniker has stuck with Solana for quite some time, although the technology has failed to deliver as promised. Many people thought the network couldn't compete with Ethereum because of its long history of frequent outages. This time, though, more and more people are of the opinion that SOL can actually deliver on all the promises made.Notably, since the last known network breakdown in February of this year, the Solana network has maintained a perfect uptime record. In light of the current uptick in network activity at Solana, this is all the more praiseworthy.Many may see Solana as a viable alternative to Ethereum if it can permanently eliminate these problems. Undoubtedly, the value of SOL will ris tandem with its increased utility.Solana is "doing a really good job," according to ARK Invest CEO Cathie Wood, who recently spoke highly of her. Additionally, she hinted that SolaSOLna outperforms Ethereum in terms of speed and cost-effectiveness.$SOL #BinanceTournament #VoiceOfCrypto #Osmy_CryptoZ #Topsoon

1. The Ethereum Evolution: Exploring the Dencun Upgrade
2. Ethereum's Transformation: Diving into the Dencun Upgrade
3. Deciphering the Dencun Upgrade: Ethereum's Next Chapter
4. Unveiling Ethereum's Advancements: The Dencun Upgrade Unpacked
5. Inside Ethereum's Latest Upgrade: The Dencun Surge
6. Breaking Down Ethereum's Growth: Understanding the Dencun Surge

In April 2024, Ethereum stands at the brink of significant developments, both internally and externally, signaling potential bullish momentum.
1. The Bitcoin Halving: With the imminent Bitcoin Halving, analysts anticipate a surge in Bitcoin's price, potentially reaching $90k—a conservative estimate. Given Bitcoin's dominance of 51% in the total crypto market cap, any substantial rally in its price would likely positively impact Ethereum.
2. The Dencun Upgrade: Ethereum's successful implementation of the Dencun Upgrade, boosting its transaction throughput to around 1000 transactions per second (TPS), marks a pivotal internal development. This upgrade, accompanied by reduced gas prices, signifies enhanced scalability and efficiency within the Ethereum network.
Ethereum's On-Chain Activity: Notably, Ethereum has witnessed a surge in on-chain activity, with March 2024 recording the highest number of transactions in the past year, totaling around 39.15 million. Additionally, the proliferation of new addresses, reaching 3.66 million in March 2023, underscores increasing adoption and network growth.
Navigating Market Volatility: Amidst the volatility prevalent in meme coins and other cryptocurrencies, seeking stability becomes paramount. Parking funds in stablecoins may offer security but could potentially miss out on market opportunities. Ethereum emerges as a strategic choice, considering its potential for price appreciation, especially given its yet-to-be-reached all-time high of $4.7k in November 2021.
In summary, Ethereum presents a compelling investment option amidst market uncertainties and evolving trends, driven by its technological advancements, network activity, and forthcoming market catalysts.
Disclaimer: While Voice of Crypto endeavors to provide accurate and current information, readers are advised to conduct their research and exercise caution in their financial decisions.

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Notable Bitcoin Holdings by CountryGlobal Bitcoin Ownership TrendsBitcoin Holdings: A Comparative AnalysisInsights into Bitcoin Ownership Across NationsUnderstanding Bitcoin Reserves: Country-wise Breakdown

According to a report by Arkham Intelligence, the United States currently leads as the largest holder of Bitcoin among countries globally, with an impressive 212,847 BTC in its possession. This amounts to approximately $15 billion worth of the cryptocurrency, surpassing the combined holdings of notable entities like MicroStrategy and the Winklevoss twins.
Additionally, data from Arkham Intelligence reveals that the US government isn't solely focused on Bitcoin; it also holds approximately $200 million worth of other cryptocurrencies such as Ethereum, as well as stablecoins like USDC and Tether.
Following closely behind the US are countries like the United Kingdom and Germany, both boasting substantial amounts of Bitcoin. For instance, the United Kingdom holds an impressive 61,245 BTC valued at around $4.5 billion, while Germany follows with approximately 49,858 BTC, equivalent to roughly $3.5 billion.
Interestingly, despite being the first country to adopt Bitcoin as legal tender, El Salvador's Bitcoin holdings pale in comparison to those of the US, the UK, and Germany. El Salvador currently holds only about 5,717 BTC, worth approximately $405 million according to data from NayibTracker.
The data on Bitcoin holdings by governments is made accessible through a newly developed tool, providing real-time balances and transaction histories. This tool represents a significant milestone in transparency within the crypto industry.
The increase in Bitcoin holdings by countries like the US is evident, with regular additions to their reserves. Over the past year, the US government has acquired over 4,000 BTC, primarily through seizures resulting from criminal activity, including the recovery of 94,600 BTC from the Bitfinex hack.
Overall, Arkham's innovative tool sheds light on the involvement of world governments in the crypto landscape, highlighting their roles behind the scenes. This development marks a significant step forward for transparency within the industry.

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Countdown to Halving: Market Volatility PeaksFlash Crash: Bitcoin Plummets, Liquidations SoarStablecoin Surge Signals Investor ConfidenceAnalyst Forecast: Bitcoin to Reach $80,000

As Bitcoin's price crashed by 5% to approximately $65,000 in a flash crash, nearly $1 billion in liquidations swept across the crypto market. Liquidation data from Coinglass reveals the severity of the market's bearish sentiment, with approximately $937 million wiped out from leveraged traders in the past 24 hours. Of this total, $824 million came from bullish positions.
Bitcoin's sudden plummet occurred within an hour during late trading hours in New York on April 12, catching traders off guard. The liquidations primarily affected Bitcoin and Ethereum, with approximately $186 million and $137 million lost, respectively, as Ethereum dropped from $3,553 to $3,226.Despite the flash crash, there's a glimmer of hope in rising stablecoin inflows. KuCoin's recent report highlights the increased issuance of stablecoins, particularly USDT and USDC, indicating growing trader optimism leading up to the halving event. This surge in stablecoin activity reflects significant investor interest in crypto, particularly in Europe and the Americas. Historically, such spikes in stablecoin activity have preceded market rallies, often leading to new Bitcoin all-time highs.Renowned crypto analyst Moustache offers a bullish perspective amidst the market turmoil. Citing the Mayer Multiple indicator, Moustache suggests a potential recovery on the horizon. According to his analysis, Bitcoin's proximity to the $69,000 resistance, coupled with pre-halving volatility, may signal an imminent upward trend. Moustache's insights hint at a possible rally to $80,000 in the near future. As the halving event looms closer, the crypto community eagerly awaits further developments in Bitcoin's price action.I've reformatted the information into paragraphs while maintaining the key insights from each section. Let me know if you need further adjustments!

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1. Investor anticipation mounts as SEC mulls over Ethereum ETF approvals.
2. Potential Ethereum ETF green light sparks optimism for a price surge.
3. SEC's cautious stance on Ethereum ETFs raises concerns over market integrity.
4. Asset managers facing hurdles in meeting SEC's rigorous ETF approval standards.
5. Bitcoin ETF approval sets stage for Ethereum's turn, but SEC exercises prudence.
6. Ethereum's price on the brink of bullish breakout, eyes set on $3,671 resistance.

1. As the crypto market buzzes with activity, all eyes are on the impending Ethereum ETF approvals amidst a series of significant events.
2. Investors eagerly await the SEC's decision on Ethereum ETFs, closely monitoring every development leading up to the May deadline.
3. Despite high expectations, the SEC has delayed its ruling on Ethereum ETF proposals, including those from major players like Blackrock and Fidelity.
4. While Bitcoin ETFs have seen immense success, Ethereum ETFs face hurdles, prompting speculation on potential roadblocks.
5. The SEC's cautious approach reflects concerns over investor protection, market manipulation, and fraud prevention, leading to ongoing delays.
6. Asset managers seeking ETF approvals may encounter challenges aligning with SEC criteria, contributing to further postponements.

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1. Shiba Inu's Resilience: Despite a stagnant short-term chart, SHIB demonstrates remarkable strength, boasting a 16% daily gain.
2. CoinCodex Prediction: AI-powered platform CoinCodex foresees a substantial 225% surge for Shiba Inu, hinting at a possible return to its all-time high within a month.
3. Technical Analysis: Shiba Inu's technical chart reveals a bullish flag formation, signaling a potential breakout and subsequent price escalation.
4. CoinCodex's Projection: CoinCodex's forecast suggests a lucrative 345% ROI on a $100 investment in Shiba Inu by the end of the year.

The Bitcoin Halving Effect
Amidst the recent Bitcoin halving, expectations for Shiba Inu have soared to unprecedented levels. The event's implication of increased scarcity for Bitcoin is poised to elevate the cryptocurrency's price potential, with Shiba Inu mirroring this trend due to its historical correlation with Bitcoin.
CoinCodex's Prediction
CoinCodex, a leading on-chain price prediction platform leveraging AI and technical indicators, provides insights into Shiba Inu's future trajectory. Their forecast suggests a resurgence of Shiba Inu, aiming to reclaim its October 2021 all-time high of $0.00008618 and potentially rally an additional 225% in the current bull cycle.
Furthermore, CoinCodex anticipates Shiba Inu to reach its previous peak again within a month, around mid-May, showcasing its bullish outlook for the cryptocurrency.
Shiba Inu's Price Analysis
Presently, Shiba Inu trades around $0.00002699, exhibiting signs of bullish momentum within a bull flag formation. The cryptocurrency's attempt to break out from this pattern indicates a potential return to its previous peak, aligning with CoinCodex's predictions.
Should Shiba Inu surpass the $0.00002954 mark, it could mark a new higher high and pave the way for further upward movement, potentially surpassing the $0.00004567 local high.
Disclaimer: While Voice of Crypto aims to provide accurate information, readers are encouraged to conduct their own research and exercise caution in volatile markets like cryptocurrencies.

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Finder forecasts Bitcoin to average $88,000 in 2024, with potential for an all-time high post-halving.Experts are divided, some foreseeing a $200,000 peak, while others caution against a speculative bubble.The halving event is anticipated to drive prices higher by reducing supply.Bitcoin ETFs are viewed positively, drawing in new investors and streamlining investment processes.Long-term projections paint an optimistic picture, with the average analyst foreseeing a price of $220,708 by 2030

Experts anticipate Bitcoin to reach an average price of at least $88,000 (around €82,000) throughout 2024, with a potential stabilization near $77,000 by year-end. While peak projections vary, estimates range from $87,875 to a possible high of $200,000. Analysts also acknowledge the possibility of Bitcoin's lows dipping to $35,734, particularly in the wake of the halving event.
The 2024 Halving Event:
The impending BTC halving event, reducing miner rewards, historically triggers supply decreases and subsequent price surges. Experts are poised for significant price impacts, with 47% anticipating a new all-time high within six months post-halving. Furthermore, the introduction of spot Bitcoin ETFs is viewed as a significant catalyst, attracting interest from traditional finance and institutional investors.
Looking Towards 2030:
Despite bullish projections, concerns regarding Bitcoin's volatility persist, with some labeling it a "speculative bubble." Long-term forecasts indicate Bitcoin may reach $122,688 by 2025 and up to a staggering $366,935 by 2030. However, on average, analysts project a more conservative $220,708 by 2030. While the majority of experts (around 58%) suggest buying Bitcoin, 38% recommend holding, with only a small fraction (5%) advocating for selling.

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Post-Halving Outlook: Altcoin Bull Run PotentialShiba Inu's Doubling Potential and Technical AnalysisDogecoin's Ascending Channel and Price ProjectionXRP's Uncertain Outlook and Bearish Signal WarningInvestor Caution Advised: XRP Analysis and Confirmation Signal

Shiba Inu continues to grapple with bearish pressure following the market correction preceding the halving event. Despite ongoing attempts at recovery, the cryptocurrency struggles with a 6% decline on the weekly timeframe. However, analysts speculate a potential doubling if Shiba Inu manages to breach a key resistance level at $0.00002360. Recent price action suggests bullish momentum as the cryptocurrency rebounds from $0.00001847, with signs of active buying by bulls. An anticipated bullish crossover between the signal line and the MACD on the RSI adds to the optimistic outlook. A successful breach of the $0.00002360 resistance could propel Shiba Inu towards $0.000045, marking a 90% upside potential.Dogecoin, in contrast, faces challenges on the weekly timeframe with an 11% decline in the past week. Despite this setback, the cryptocurrency appears to trade within an ascending channel formation. Should the lower trendline of this formation hold, Dogecoin could rebound upwards, potentially reaching a target of $0.24 at a minimum.XRP presents an enigmatic picture within the cryptocurrency landscape. Despite a 3.5% rally in the last 24 hours, XRP struggles with a 5.5% decline over the past week. Notably, the cryptocurrency broke below a multi-month ascending trendline, signaling a bearish outlook. However, a potential recovery is evidenced by XRP's bounce from the $0.41 support level. Investors keenly observe XRP's movement within the $0.5 - $0.51 zone, awaiting a decisive close above this range before considering entry.

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Bitcoin transaction fees hit their highest level of all time. $23.6 million of fees in one day🔋#safu #BinanceTournament #VoiceOfCrypto

Bitcoin's Price Dip: Bitcoin suffered a 10% drop in value over the week, resulting in substantial market losses.TON's Palm-Scanning Tech: Telegram-affiliated TON introduced palm-scanning technology to rival digital identity solutions offered by Worldcoin and Humanity Protocol.Aave Fork Incident: Aave fork on Blast Network accidentally triggered liquidations, causing a staggering $26 million loss for users.Generational Crypto Investment Trends: A recent study indicates that American Gen Z and Millennials exhibit a higher propensity to invest in crypto over stocks, unlike Gen X and Boomers.US Government's Bitcoin Holdings: A report from Arkham suggests that the US government holds the largest Bitcoin reserve globall

Bitcoin's Price Plunge:
Bitcoin witnessed a sharp decline of around 17% over the past week, causing significant market turmoil and erasing billions from crypto portfolios. The sudden downturn occurred amidst growing uncertainty surrounding the impending Bitcoin halving event.
TON's Palm-Scanning Tech Launch:
Telegram's TON made waves in the digital identity space by unveiling palm-scanning technology in collaboration with HumanCode. This development positions TON as a contender against established solutions like Worldcoin and Humanity Protocol, sparking intrigue within the crypto community.
Aave Fork Mishap:
The Blast Network experienced a major setback as an Aave fork inadvertently triggered a cascade of liquidations, resulting in losses exceeding $26 million. This incident underscores the importance of robust protocol safeguards and user protection mechanisms in the DeFi ecosystem.
Generational Crypto Adoption Trends:
A report from Policygenius highlighted shifting investment preferences among different generations, with Gen Z and Millennials exhibiting a stronger inclination towards crypto investments over traditional stocks. This trend reflects a broader embrace of digital assets among younger demographics.
US Government's Crypto Holdings:
Data from Arkham Intelligence revealed the significant presence of the US government in the crypto space, with holdings amounting to billions in Bitcoin. This revelation underscores the increasing institutional involvement in cryptocurrencies and their growing recognition as legitimate assets.

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1. The emergence of Bitcoin Runes as the predominant token standard on the Bitcoin network, facilitating approximately 70% of all transactions.
2. Data indicates a staggering 3.38 million Rune transactions processed to date, reaching a peak of 750,000 in a single day on April 23.
3. The surge in Rune demand is attributed to memecoin and NFT enthusiasts utilizing them to encode "rare satoshis".
4. Initially responsible for 72% of miner fees, Runes now maintain a share of approximately 18.89%, surpassing Ordinals and BRC-20s.
5. Concerns among developers regarding Rune-induced network congestion and potential deviation from Bitcoin's original purpose, reminiscent of Ordinals' impact.

Surging Rune Transactions
Dune Analytics data reveals a significant surge in Bitcoin Runes transactions, exceeding 3.38 million thus far, with figures continuously escalating by the minute.
Additionally, an impressive 1.8 million Rune mints have been recorded, consolidating Rune's dominance with an average share of around 70% of all Bitcoin transactions this week. This surge notably diminished the influence of regular Bitcoin transactions, relegating them to a mere 19% dominance on April 23.
In contrast, Ordinals and BRC-20s lagged significantly, capturing only 0.1% and 0.2% of the share, respectively. The peak of Rune transactions peaked at approximately 750,000 processed in a single day, a record achievement that has since halved by Thursday of this week.
Memes and Rare Satoshis
The burgeoning demand for Runes is primarily fueled by their association with innovative Bitcoin-based technology. Notably, enthusiasts, particularly those involved in memecoins and NFTs, eagerly engage with the Runes protocol to inscribe what they term "rare satoshis".
These "rare satoshis", also known as "Rare Sats", possess unique properties, such as being the initial satoshis mined within a block. For deeper insight, the Rodarmor Rarity Index on Magic Eden provides valuable context.
Miners and Fee Dynamics
Following the Bitcoin halving event, miners experienced a surge in activity coinciding with the launch of the Runes protocol. Initially, Rune transactions contributed over 72% to miner fees, highlighting their significant impact.
However, this figure has since stabilized to approximately 18.89%, surpassing Ordinals and BRC-20s. Nevertheless, concerns akin to the Ordinals war of 2023 have surfaced, with some developers, including Nikita Zhavoronkov of Blockchair, expressing reservations.
Zhavoronkov fears that Bitcoin's foundational principles are being compromised, shifting away from Nakamoto's vision of a peer-to-peer cash system. The trajectory of Bitcoin Runes remains uncertain, with its potential to either alleviate miner concerns or exacerbate existing blockchain congestion subject to speculation.
Conclusion
While Bitcoin Runes hold promise as an efficient token minting solution, their long-term impact on the Bitcoin network remains uncertain. Whether they alleviate miner concerns or contribute to blockchain congestion is a matter of ongoing debate. Only time will reveal the true implications of Bitcoin Runes in the crypto ecosystem.

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