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According to CoinMarketCap data, the global crypto market cap is $3.62T, a 3.32% increase over the last day.Bitcoin (BTC) traded between $97,757 and $101,888 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $100,995, up by 3.24%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include XVG, CVC, and AAVE, up by 55%, 38%, and 30%, respectively.Top stories of the day:Richard Teng Named One of CoinDesk’s Most Influential People in 2024: The Ex-Regulator Stabilizing BinanceBinance Fund Inflows Dominate 2024, Surpassing Next 10 Exchanges Combined by 40%Spanish Bank Allocates 2% of Fund to Bitwise Aptos Staking ETPMicroStrategy's Potential Exclusion From Nasdaq 100 Amid Bitcoin FocusU.S. CPI Annual Rate Climbs to 2.7% in November, Reaching Four-Month High U.S. Dollar Index Experiences Brief Fluctuation After CPI ReleaseBlackRock's Bitcoin Spot ETF Overtakes Gold ETF in SizeNasdaq 100 Hits Record High Amid Fed Rate Cut SpeculationMarket Sentiment Shifts to Extreme GreedFederal Reserve's December Rate Decision: High Probability of a 25 Basis Point CutMarket movers:ETH: $3928.99 (+6.47%)XRP: $2.437 (+4.67%)SOL: $233.5 (+5.60%)BNB: $721.85 (+5.49%)DOGE: $0.41823 (+6.00%)ADA: $1.1654 (+15.37%)TRX: $0.2993 (+10.00%)AVAX: $51.03 (+14.01%)LINK: $28.51 (+25.59%)SHIB: $0.00002932 (+7.36%)

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askar askar

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be investor instead of trader

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Daud0859

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What's going on ?
all coins are red .
I have lost $300 😭😭

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askar askar

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I'm not trader I'm investing for long term

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Binance Market Update: Top Stories December 9, 2024

According to CoinMarketCap data, the global crypto market cap is $3.56T, a 2.24% decrease over the last day.Bitcoin (BTC) has traded between $98,328 and $101,351 over the past 24 hours. As of 09:30 AM (UTC) today, it is trading at $98,570, down by 0.73%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include 1MBABYDOGE, IDEX, and MLN, up by 41%, 39%, and 22%, respectively.Top stories of the day:Bitcoin Price Faces Challenges as Long-Term Holders Sell Off Ahead of Potential Market ShiftAnalysis: U.S. Stocks and Crypto Markets Remain Active, CPI Data Key to Fed's December Rate CutWeekly Token Unlocks: APT, ADA, ENA Among Major Unlock, with APT Valued at $160MCardano Foundation's Twitter Account CompromisedTrump Indicates No Plans to Replace Federal Reserve Chair PowellDollar Declines Amid Fed Rate Cut Expectations in DecemberMicrosoft Shareholders' Bitcoin Investment Vote Probability AssessedU.S. Unemployment Rate Rise May Justify Federal Reserve Rate CutBitcoin OTC Supply Insufficient to Meet High Demand, Says Former JPMorgan StrategistThink Tank Proposes Bitcoin Treasury Strategy to Amazon, Citing Inflation RisksMarket movers:ETH: $3860.52 (-2.46%)XRP: $2.3701 (-6.43%)SOL: $226.29 (-4.05%)BNB: $708.97 (-4.02%)DOGE: $0.43036 (-5.72%)ADA: $1.1167 (-6.36%)TRX: $0.2933 (-6.11%)AVAX: $49.8 (-2.47%)SHIB: $0.00002991 (-5.38%)TON: $6.418 (-4.59%)

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XRP Ledger to Adjust Transaction Fees as RippleX Pushes for Network Upgrades

Austin Mwendia
published: December 5, 2024 at 05:40 PM GST
updated: December 5, 2024 at 02:50 PM

2 mins read
News
RippleX proposes raising XRPL transaction fees to 200 drops, enhancing efficiency and decentralization.
Validators must adapt to XRPL fee changes using SDKs, ensuring smooth transitions and reduced transaction failures.
Lower XRPL fees aim to boost transaction volumes, attract users, and strengthen XRP’s market adoption.
RippleX developers have introduced a proposal to increase XRP Ledger (XRPL) transaction fees, aiming to boost efficiency and affordability. According to the protocol’s announcement, the proposed adjustment will raise fees from 10 drops to 200 drops, equating to just $0.0005 in USD terms.

This adjustment aims to enhance the platform’s operational efficiency while maintaining low costs for users.

Details of the Proposal
RippleX explained that the proposed fee adjustment will primarily impact validators. Validators must avoid hardcoding fees to prevent disruptions. Instead, they should use Software Development Kits (SDKs) to auto-fill the fee field.

RippleX has highlighted that the proposal reinforces decentralization within the XRPL ecosystem. Validators may experience increased failed transactions temporarily as they adjust to the new fee structure.

Moreover, the proposal has sparked conversations within the XRP community. Many support the move, noting that lower costs could attract more users to the network. RippleX developers expressed confidence that the adjustment will strengthen XRPL’s utility and competitiveness in the

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Bitcoin Gains Significant Share in Money Supply Table of Contents Market Musing-g Bitcoin Gains Significant Share in Money Supply Future FTR Bitcoin BTC X X X X Gains GAINS BH NEWS By BH NEWS 7 minutes ago • 2 mins read Bitcoin Gains Significant Share in Money Supply Table of Contents How has the M2 Money Supply Changed? What Percentage of New Money Flows to Bitcoin? You can also read this news on BH NEWS: Bitcoin Gains Significant Share in Money Supply Recent insights from Jamie Coutts, chief of Real Vision, reveal a substantial shift in the global monetary landscape as approximately $1.1 trillion has been allocated to Bitcoin and other digital assets over the last two years. This trend signals an increased importance of cryptocurrencies within traditional financial systems. How has the M2 Money Supply Changed? Coutts highlighted on the platform X that the M2 money supply, which reached a low of $94 trillion in late 2022, has climbed to $105 trillion. Concurrently, Bitcoin’s market cap surged fivefold, contributing an additional $1.5 trillion to this growth. What Percentage of New Money Flows to Bitcoin? According to Coutts, 10% of the newly generated money supply has transitioned from fiat currencies to global reserve assets such as Bitcoin, with gold and stock markets also benefiting from this influx. Key takeaways from Coutts’ findings include: Bitcoin’s market capitalization has significantly increased alongside the M2 money supply. New money supply trends indicate a notable shift toward cryptocurrencies. Future projections expect the M2 supply to reach around $118 trillion by 2026. Bitcoin presents a potential escape route from economic challenges for various sectors. Currently, Bitcoin trades at $98,035, reflecting a 2.94% increase in just one day. The growing presence of Bitcoin and other digital currencies in the global money supply suggests potential changes in economic dynamics, which are likely to be closely monitored for their long-term sustainability.

Bitcoin Gains Significant Share in Money Supply
Table of Contents
Market Musing-g
Bitcoin Gains Significant Share in Money Supply
Future
FTR
Bitcoin
BTC
X
X
X
X
Gains
GAINS
BH NEWS
By BH NEWS
7 minutes ago
•
2 mins read
Bitcoin Gains Significant Share in Money Supply
Table of Contents
How has the M2 Money Supply Changed?
What Percentage of New Money Flows to Bitcoin?
You can also read this news on BH NEWS: Bitcoin Gains Significant Share in Money Supply
Recent insights from Jamie Coutts, chief of Real Vision, reveal a substantial shift in the global monetary landscape as approximately $1.1 trillion has been allocated to Bitcoin and other digital assets over the last two years. This trend signals an increased importance of cryptocurrencies within traditional financial systems.
How has the M2 Money Supply Changed?
Coutts highlighted on the platform X that the M2 money supply, which reached a low of $94 trillion in late 2022, has climbed to $105 trillion. Concurrently, Bitcoin’s market cap surged fivefold, contributing an additional $1.5 trillion to this growth.

What Percentage of New Money Flows to Bitcoin?
According to Coutts, 10% of the newly generated money supply has transitioned from fiat currencies to global reserve assets such as Bitcoin, with gold and stock markets also benefiting from this influx.

Key takeaways from Coutts’ findings include:

Bitcoin’s market capitalization has significantly increased alongside the M2 money supply.
New money supply trends indicate a notable shift toward cryptocurrencies.
Future projections expect the M2 supply to reach around $118 trillion by 2026.
Bitcoin presents a potential escape route from economic challenges for various sectors.
Currently, Bitcoin trades at $98,035, reflecting a 2.94% increase in just one day. The growing presence of Bitcoin and other digital currencies in the global money supply suggests potential changes in economic dynamics, which are likely to be closely monitored for their long-term sustainability.

BTC