Andrea_MCarrasco

🚀 Shibarium Nears Major Record: What’s Next for SHIB Price?

● Shibarium’s daily transaction count surged 209%, from 6,000 to 18,560 within a week.

● Shibarium aims to break the record of 420 million total transactions, currently at 417 million.

● SHIB price fluctuates in a symmetrical triangle pattern, indicating equilibrium in market demand and supply.

Shibarium, Shiba Inu’s layer-2 solution, is nearing a significant milestone as daily transactions surged by 209%. According to Shibariumscan, the daily transaction count jumped from 6,000 on May 14 to 18,560 on May 20. This spike in activity follows the implementation of the Shibarium hard fork on the mainnet, marking a pivotal moment for the Ethereum L2 protocol.

With this surge, Shibarium aims to break the record of 420 million total transactions. Currently, the total transaction count stands at 417,525,512. Although it is uncertain when this record will be achieved, the recent growth indicates Shibarium is on the right track.

Meanwhile, Shiba Inu (SHIB) has been fluctuating within a symmetrical triangle pattern. This pattern suggests an equilibrium in market demand and supply at current prices. Buyers are currently attempting to push the price beyond the descending resistance line. At the time of writing, SHIB is priced at $0.000025, marking a slight decline of over 1%.

Bullish traders are targeting a move above $0.000030. A successful breakout above this downtrend line could weaken bearish forces and potentially drive the price to $0.000035, where significant resistance is anticipated.

Looking ahead, the future of Shiba Inu in the crypto industry appears promising. As Shibarium continues to grow and break records, it strengthens Shiba Inu’s position in the market. With ongoing developments and increased adoption, Shiba Inu is well-positioned for sustained growth and innovation.

$SHIB #SHIB #Shibainu

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#TrendingTopic #BitcoinAnalysis @AnthonyCarr $BTC $ETH $BNB

🚀 Bitcoin breaks barriers and heads towards new highs:

The price of Bitcoin has left behind the sideways zone it has been in since mid-February and is now close to $54,000.
This advance marks its highest level since December 2021, just a month after reaching its all-time high near $70,000.

📈 Technical analysis points to a possible target of $55,000:

Experts indicate that Bitcoin could face resistance in this price zone, as has happened in the past. The cryptocurrency is expected to bounce around its current value or remain sideways for a few hours or days.

💡 Future scenarios for Bitcoin:
With growing demand, the price of BTC could continue its rise, even approaching its all-time highs. This scenario would be unprecedented in the history of the crypto asset. Historically, Bitcoin has reached its maximum prices months after the halving, scheduled for April 2024 on this occasion.

Follow the evolution of Bitcoin on the market closely and don't miss any relevant updates!
📊💰 #Bitcoin

#Write2Earn #TrendingTopic #BinanceSquare @AnthonyCarr $SOL $FIL

🔗 The alliance between Filecoin and Solana opens new possibilities in the world of cryptocurrencies 🔗

Filecoin, recognized for its focus on decentralized data storage, surprised by announcing a strategic partnership with Solana.

As a result, the value of its native currency, FIL, rose above $6.
Through its platform on the X network, Filecoin revealed its network integration with Solana, generating renewed interest in FIL within the crypto market.

This collaboration promises a powerful synergy between two giants of the blockchain ecosystem, further boosting innovation and mass adoption of decentralized technologies.

Stay tuned for the exciting news that will come from this alliance between Filecoin and Solana! 💡🚀

#Write2Earn #BinanceSqaure #TradeNTell @AnthonyCarr
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#Write2Earn #TradeNTell #SOL @AnthonyCarr $SOL $RONIN

Solana falls momentarily by preventing changes in its cryptocurrency network.

The solana network engineering area investigates the cause that dangerously affects this token and causes risk to traders and the value of the cryptocurrency.

Record:
Solana's last confirmed block before the outage was recorded at approximately 10:00 UTC, at block height 227218913.
Since then, engineers have been investigating the cause of this problem and possible solutions.

#Write2Earn #RONIN #TradeNTell @AnthonyCarr

Ronin Network Increases its Value on Binance: RON Cryptocurrency Exceeds $3 USD

The price of RON, the native currency of the network supported by Axie Infinity, experiences a rise after its listing on Binance, the main cryptocurrency exchange.

The Ronin (RON) cryptocurrency, developed by the Axie Infinity team, has seen a notable increase in its price, surpassing the $3 USD mark for the first time since its launch. This boost is attributed to its recent listing on Binance, one of the most prominent exchanges in the market, as of February 5.

Positive Aesthetic Change: The recent aesthetic modification to Ronin Network addresses, adopting the 0x format similar to Ethereum, received a positive response from the market.

Price Impact: Following the implementation of this change, the RON price initially experienced a 25% drop, dropping to $2.7 USD.

Revitalization with Binance: The announcement of the listing of RON on Binance has revitalized the cryptocurrency, keeping its price in a range between $2.9 and $3 USD.

New Trading Pairs: Binance has introduced new trading pairs for RON, including RONIN/BTC, RONIN/USDT, RONIN/FDUSD, and RONIN/TRY.

Market Validation: Visibility on Binance not only facilitates the acquisition of RON for a broader audience, but also validates the cryptocurrency's position in the market.

Ronin Network stands out not only as an Ethereum sidechain, but as an entity with its own accounting.

Additionally, it seeks to provide an efficient infrastructure for transactions related to Axie Infinity and other play-to-earn style games. The community is looking forward to how this push will impact Ronin's future in the crypto ecosystem.

#2023withBinance #BinanceTurnament #SEC @AnthonyCarr $BTC $ETH $BNB

Resignations from Grayscale Board of Directors: Relevant Details about Silbert and Murphy

Grayscale Investments, a leading cryptocurrency fund manager, has announced the resignation of two prominent figures from its board of directors: Barry Silbert and Mark Murphy.
The news was revealed through a filing with the United States Securities and Exchange Commission (SEC), scheduling these resignations to become effective on January 1, 2024.

The information detailed in the document, published on December 26 on the SEC's official site, highlights that Mark Shifke will assume the role of chairman of the board of directors in succession to Barry Silbert. Additionally, Matthew Kummell and Edward McGee will reportedly join the governing body effective the same date.

Although no clear explanations have been provided so far about the reasons behind these resignations, some media have recalled that Barry Silbert faced a lawsuit in October of the previous year by New York Attorney General Letitia James.
The allegations alleged that Silbert was involved in the alleged fraud that affected more than 230,000 investors, including at least 29,000 New Yorkers.
At that time, Digital Currency Group, Grayscale's parent company, categorically rejected the accusations presented by the prosecutor.

The departure of Silbert and Murphy from Grayscale's board of directors comes at a critical time, as the market is watching the possible approval of spot bitcoin exchange-traded funds (ETFs) by the SEC. Grayscale Investments is not only one of the main applicants for this type of product, but also one of the most prominent cryptocurrency fund managers on the market.

The anticipation surrounding the approval of bitcoin ETFs has created a climate of anticipation, especially considering that the first set of approvals is expected to take place before January 10, 2024.

#BinanceTournament #BTC #ETH #BinanceSquare #IndustryEvents @AnthonyCarr

Crypto Duel: Bitcoin 🚀 vs Ethereum 📈 - A 6-Month Showdown!

Gear up for a thrilling crypto clash as Bitcoin (BTC) and Ethereum (ETH) prepare to battle it out over the next six months. Stony Chambers Asset Research has released an electrifying report that paints a vivid picture of short-term fireworks and long-term resilience in the crypto universe.

Ethereum's Meteoric Surge on the Horizon:

Stony Chambers analysts predict a meteoric rise for Ethereum (ETH) against Bitcoin (BTC) in the coming six months. 🚀 Despite a rocky 2023, the report foresees a trend reversal, attributing Ethereum's potential surge to recent market shifts and its role as the hub for AI-related tokens. The dazzling DeFi ecosystem and Ethereum's dividend-like staking process add extra rocket fuel to its potential.

JP Morgan's Bulls Join the Rally:
Joining the Ethereum party, JP Morgan's bulls are placing their bets on Ethereum's growth, fueled by the upcoming Protodanksharding upgrade. 📈 This boost in scalability is expected to propel Ethereum to new heights, creating an even more competitive landscape against Bitcoin.

Bitcoin's Grand Finale - Long-Term Supremacy:

While Ethereum aims for a short-term spectacle, Stony Chambers underscores Bitcoin's (BTC) long-term grand finale. 🏆 Bitcoin's robust proof-of-work mining, highlighted by its resilience during the 2021 China mining ban, is positioned as a show of strength. The report emphasizes Bitcoin's unique advantage of true decentralization, setting the stage for long-term dominance.

Regulatory Hurdles: Ethereum's Stumbling Block?
In the race to the moon, Ethereum faces regulatory hurdles as it is categorized as a security rather than a commodity. 🚧 This potential stumbling block could impact institutional involvement, presenting a challenge for Ethereum compared to Bitcoin's smoother regulatory journey.

To Infinity and Beyond!
In the grand theater of crypto, the report concludes with a call to action. 🚀 🚀🌕

#BTC #Bitcoin #BinanceSquare #BinanceTournament #Binance @AnthonyCarr $BTC $LUNC $MATIC

"Bitcoin Seeks Breakout at $38,500 Resistance: Bullish Trend in Focus"

Bitcoin is at a decisive moment as it attempts to overcome the key resistance of $38,500, marking its highest level in 18 months. The cryptocurrency has demonstrated a solid bullish trend over the past month, with rising lows and highs. Despite reaching $38,499 today, resistance persists, marking the second time in weeks that it has approached $38,400.

The round figure of $38,500 not only has numerical value; It could be a psychological barrier for traders and, if it consolidates, it could become a solid support. The upward trend is supported by 100% year-to-date growth, driven by ever-increasing demand.

The anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US and the upcoming halving are emerging as positive catalysts for the price. Despite the optimistic outlook, some experts warn of a possible double-top technical figure, suggesting a pullback to $35,600.

In short, Bitcoin faces a crucial test as it attempts to surpass $38,500, with an uptrend supporting its aspirations. However, caution is key in the face of potential technical challenges, underscoring the importance of maintaining a balanced view in this dynamic scenario.

#SCAMALERT #CRYPTOSCAM #BinanceSquare #BinanceTips #BinanceSquare @AnthonyCarr $BTC $XRP $USTC

"Cryptocurrencies: The Shadow of Scams"

Mónica Taher, technology and cryptocurrency expert, uncovers the dark reality of scams in the world of cryptocurrencies and raises the question of how long we will allow this to happen.

Highlighting high-profile cases such as FTX and Luna/Terra, whose CEOs face fraud trials, Taher lists other notable scams such as BitConnect, OneCoin, Mt. Gox, Centra Tech Project and PlusToken, underlining the million-dollar losses they have left in their wake.

The author reflects on individual responsibility for falling into these traps, despite the promises of security and decentralization of blockchain technology. It warns about the increasing frequency of these incidents and points to the lack of regulation as a key factor in their persistence.

Taher advocates the need for clear regulations, recognizing that while they are not the ultimate solution, they provide a framework to punish those responsible. Through personal stories like that of Ernesto and Brazilian YouTuber Iván Bianco, he illustrates how a lack of regulation contributes to financial tragedies.

In a tone of indignation and sadness, the author concludes by drawing attention to the urgency of addressing this problem at a global level, demanding concrete actions to identify and punish those responsible. The call is clear: it is time to protect investors and clean up the reputation of the cryptocurrency world.

#Ethereum #ETH #BinanceTips #BinanceSquare #Binance @AnthonyCarr $ETH $BTC $BNB

"Ethereum, Vitalik"

A decade after the publication of the Ethereum white paper, Vitalik Buterin, co-founder of the network, seeks to introduce significant changes to the protocol. The white paper, presented in November 2013, laid the foundation for the leading smart contracts and decentralized applications platform in the development of decentralized finance (DeFi).

Today, Ethereum stands out with almost a thousand decentralized protocols and occupies a prominent place in the DeFi space, with 75% of the total value locked. The native cryptocurrency, ether (ETH), is the second most capitalized in the market.

A relevant milestone in the evolution of Ethereum was the implementation of the EIP-1559 improvement proposal in 2021, which introduced a deflationary policy by burning a portion of transaction fees. However, this change has generated debate and criticism, depending on the activity on the network at specific times.

In 2022, Ethereum underwent a momentous change known as “The Merge,” abandoning proof-of-work (PoW) mining in favor of proof-of-stake (PoS), with the goal of reducing ETH issuance and improving energy efficiency. .

Despite these advances, it faces the challenge of centralizing validators in certain pools, such as Lido. Vitalik Buterin proposes changes to the protocol, such as the introduction of native liquid staking, to encourage the participation of independent validators and counteract the concentration of power.

In April 2023, the Shapella update allowed validators to withdraw funds, boosting participation. Ethereum continues to adapt to new challenges, and according to Buterin, the roadmap is evolving to address threats, ensure security, and preserve decentralization. Ethereum's path, from PoW to PoS, from infinite emission to deflationary model, demonstrates a constant evolution to overcome obstacles and achieve success.

#BTC #Bitcoin #BinanceSquare #Binance @AnthonyCarr $BTC $ETH $XRP

-This is what Milei thought about bitcoin a year ago, and this is what he says now -

About a year ago, Javier Milei criticized Bitcoin, highlighting the absence of forced exchange in cryptocurrencies and questioning its state support. He viewed this factor as an obstacle, expressing concern over the lack of tangible value in the cryptocurrency asset compared to government-backed currencies.

During a conference in 2022, Milei argued that cryptocurrencies attempted to create fiat money without forced currency backing, underscoring the importance of a solid foundation for such money. He contrasted cryptocurrencies with currencies backed by central banks, noting that the latter have a tangible asset, such as the forced exchange rate.

However, in his most recent appearances, Javier Milei has changed his stance towards Bitcoin. In an interview in January 2023, he described it as a "natural reaction to the Central Bank scam." In addition, he expressed the intention to allow the free circulation of currencies in the Argentine economy and did not rule out the possibility of including Bitcoin in commercial agreements and legal contracts.

Despite his past criticisms about the lack of forced currency in cryptocurrencies, Milei's recent statements suggest a change in his perspective, recognizing the value of Bitcoin and its potential role in the Argentine economy.

Did Milei change his mind about Bitcoin?

#BTC #BinanceSquare #BinanceTips
#BasiliscoDeRoko #Hiperbitcoinización
@AnthonyCarr $BTC $XRP $BNB

“The Basilisk of Roko”

The Roko Basilisk Prophecy: A 2010 thought experiment proposed on the LessWrong forum raises the possibility of an artificial superintelligence that punishes those who do not contribute to its future existence, making decisions in pursuit of human good, even if these seem counterproductive from the perspective human.

💰 Analogy with Bitcoin: A relationship is established with the basilisk game theory in the context of hyperbitcoinization. If it doesn't happen and you don't help, there are no consequences. If it does not occur and help is provided, there is a loss of resources. If it happens and you do not help, you face punishment for loss of purchasing value. If it occurs and is helped, an increase in purchasing value is obtained.

🔄 Similar dynamics in Bitcoin: It is suggested that the dynamics resemble the situation in Bitcoin. Investors and supporters may be rewarded, while those who do not participate could face financial consequences. Although the improbability of the Roko Basilisk prophecy is recognized, the logical similarity with the dynamics of Bitcoin is highlighted.

🔍 Conclusion: Having Bitcoin could be beneficial in a hyperbitcoinization scenario, while the absence of participation could lead to negative economic consequences. The analogy raises reflections on decision-making in uncertain future environments.

#BTC #Binance #BinanceSquare #Bitcoin @AnthonyCarr $BTC $ETH $SOL

The Battle for the Bitcoin Mining Throne: Antpool Displaces Foundry as the New Leader

The last month has seen a bitter contest in Bitcoin mining, culminating in a significant power shift. Antpool, Bitmain's pool, has dethroned Foundry, from Digital Currency Group, becoming the undisputed leader.

Antpool, the New Giant:

With an impressive hashrate of 119.8 EH/s, Antpool is positioned as the world's leading pool, surpassing its closest rival, Foundry, which accumulates 116.7 EH/s. This difference, although minimal, marks a significant change in the dynamics of Bitcoin mining.

Bitmain Boost:

Antpool's meteoric rise is attributed to the backing of Bitmain, a prominent company in manufacturing ASICs for Bitcoin mining. The ban on Bitcoin-related operations in China in 2021 led to a change in leadership, with Foundry taking the lead. However, Antpool has managed to reverse this trend, showing Bitmain's continued influence in the industry.

Centralization in Debate:

Although the fierce competition between Antpool and Foundry is a cause for attention, the worrying centralization in Bitcoin mining cannot be overlooked. Both pools control more than 50% of the network's total hashrate, currently around 470 TH/s. This centralization poses potential challenges, from arbitrary decisions to possible government bans, as evidenced by the ban in China in 2021.

Reflection of Evolution:

While being the leading pool does not provide additional benefits in terms of rewards, the change in the hierarchy reflects the constant evolution of the industry. Antpool has demonstrated its ability to adapt and compete in an ever-changing market, backed by the strength of Bitmain.

Bitcoin mining continues to be a constantly transforming battleground, with Antpool emerging as the new leader.

#AI_coins #AITokens #BinanceSquare #RNDR #TAO @AnthonyCarr $RNDR $BNB $ETH

"Crypto-AI Boom: TAO and RNDR Lead the Rally"

The expansion of AI platforms fuels a boom in small-cap cryptocurrencies. Tokens like Bittensor (TAO) and Render (RNDR) lead with notable weekly increases.

Bittensor (TAO):
TAO rises 90% in seven days (USD 141 to USD 269). Bittensor, an open source AI protocol, stands out with 26 new subnets in October and backing from Pantera Capital and Collab+Currency.

Render (RNDR):
RNDR surges 51% weekly ($1.95 to $3.6) thanks to an update to its rewards mechanism. The ANTBIT.IO protocol aims to decentralize accelerated computing in the cloud.

Other Tokens on the Rise:
Only1 and AIOZ Network grow by 198% and 172%, respectively, in one week.

Industrial and Regulatory Developments:
European countries seek standards for basic AI models. Microsoft's Satya Nadella recruits Sam Altman and Greg Brockman to lead advanced AI research. OpenAI temporarily suspends new ChatGPT Plus subscriptions, and Sam Altman is fired.

The intersection between crypto-AI, industrial advances and regulation defines a dynamic scenario in constant evolution.

#BTC #ETF #BinanceSquare #BinanceSquareAnalysis @AnthonyCarr $BTC $XRP $USDC

The newly elected Argentine president highlights that Bitcoin is the evolution of money.

Milei argues that BTC is the natural response to the dishonest practices of central banks.

Javier Milei, now president of Argentina, has shared his perspective on Bitcoin over the years, considering it the natural evolution of money.
This approach coincides with his criticism of what he perceives as dishonest practices by central banks. In his economic reform plan, he proposes measures aligned with the philosophy of Bitcoin, such as the elimination of the Central Bank of the Argentine Republic, maintaining that these institutions are a scam.

Milei's knowledge of Bitcoin dates back to 2017, when he shared a quote from Andreas Antonopoulos, highlighting Bitcoin as an experiment in separating currency from the State. In 2018, he was already advocating for the elimination of the central bank, and in 2019 he highlighted the use of cryptocurrencies in contexts of economic crisis, such as in Venezuela.

During the 2023 presidential campaign, Milei reiterated his position, describing Bitcoin as the "natural answer to central bank scams."
In interviews, he stressed that Bitcoin represents the return of money to the private sector, with the ability to compete with other currencies and eliminate government inflationary taxes associated with the forced exchange rate.

#BinanceSquare #BTC #Halving #ETF #Binance @AnthonyCarr $BTC $ETH $CYBER

The halving factor!

Bitcoin's current price rally is being largely driven by growing institutional adoption, specifically through exchange-traded funds (ETFs).

Renowned financial companies, such as BlackRock, have expressed interest in launching Bitcoin spot ETFs, creating a significant impact on the markets.

Since June, BlackRock and other large financial institutions have filed applications to launch spot Bitcoin ETFs.

The market's attention is focused on the United States Securities and Exchange Commission (SEC), which has the approval of these funds in its hands.

The market reacts immediately to every movement, as evidenced by the sharp rise in the price of Bitcoin when the BlackRock ETF was listed on the Depository Trust & Clearing Corporation.

Currently, the SEC's decision is awaited on applications from 12 companies to launch Bitcoin spot ETFs.

The approval of these funds is seen as a crucial factor for the future of Bitcoin, with experts such as Michael Saylor predicting a possible increase of up to ten times the current price of the cryptocurrency.

Looking ahead, the scenario for Bitcoin price looks encouraging, especially considering the convergence of factors such as possible ETF approval and the upcoming halving. Although the exact price is difficult to predict, there is a consensus in the financial community that the outlook points towards a bull market in the near future.