đ **Sky Reconsiders WBTC Offboarding Plan!**
Sky, formerly known as MakerDAO, might hit pause on its plan to offboard wrapped bitcoin (WBTC) as collateral. This comes after a detailed discussion on the Sky forum with BitGo CEO Mike Belshe.
Key Points:
- Sky's influential adviser, BA Labs, initially recommended offboarding due to concerns about Justin Sun's involvement.
- Community members voted to proceed with offboarding, but ongoing discussions brought new clarity.
- Belshe clarified that Sun can't make unilateral changes to the custody structure.
- BA Labs now feels more comfortable with the current WBTC operations and suggests pausing the offboarding.
What are your thoughts on this development? Share in the comments! đŹ
**Crypto Influencer Lady of Crypto Plans to Cash Out in 2024**
Crypto influencer Lady of Crypto, known for her lively posts and educational content, plans to exit the crypto market by September 2024. Speaking at Token2049 in Singapore, she revealed her strategy to sell her entire portfolio, citing lessons from past cycles. Despite her decision, she remains bullish on crypto's future, predicting a significant bull run by Q1 2025.
Lady of Crypto, who started her journey in a pub in 2020, has since amassed over 538,800 followers. She emphasizes fundamental analysis over technical charts and aims to educate her audience on the crypto market.
Popcat Climbs 40%â$1 Target Accessible
Popcat is leading the Solana memecoin awareness campaign. Although some opponents mistrust their âshelf life,â several of these initiatives are proving them wrong.
Popcat's recent performance has garnered notice after Bonk's rise and plans to release an ETP. As its trading volume rises, CoinCodex predicts POPCAT's price will rise dramatically.
Record Trade Volume
Popcat topped CoinGecko rankings as its transaction volume rose 128% in the previous day. The coin's price has risen 35% in a week, showing its popularity.
Given the amount of competition in the digital currency industry, a boom is no minor feat. Investors are watching this meme currency to see how far it will expand by 2024.
Popcat is around $1. As of writing, CoinMarketCap has gained 18% in 24 hours. Since its March 2024 introduction, the coin's value has increased.
Open interest is at an all-time high, indicating more traders. Funding rates are still strong, therefore this cat-themed cryptocurrency could increase.
Now that these signals indicate a growing trend, how high can Popcat go? Analyst optimism is cautious. Early investors might win over 100% if POPCAT reaches $2 by year's end assuming market circumstances continue good.
Navigating Market Feels
Despite Popcat's buzz, market mood remains cautious and hopeful. CoinCodex expects a 228% price growth by October 24, 2024, reaching $3.01.
Popcat had 50% positive trading days and 17% price volatility last month. These numbers indicate a dynamic yet stable market.
Popcat's consistent performance and Solana's memecoin interest are promising. Popcat may be worth investing in due to trade volume, strong market indicators, and optimistic expectations. Investors should carefully investigate and analyze market circumstances before investing.
FOMC #POPCAT #CATIonBinance #BinanceLaunchpoolHMSTR
âïžEl reconocimiento facial se suma a Worldcoin $WLD
đĄEntre las innovaciones recientes que podrĂan haber contribuido al impulso del precio estĂĄ la introducciĂłn de «Face AuthEste sistema de autenticaciĂłn compara rostros de manera privada 1:1, lo que proporciona mayor seguridad al vincular la World ID (el pasaporte digital de Worldcoin) con las acciones de los usuarios, como compras en lĂnea y transacciones financieras.
Face Auth funciona mediante una selfie tomada desde el teléfono del usuario, que se compara con las imågenes almacenadas localmente en el dispositivo y cifradas de forma segura, evitando asà que los datos se almacenen en servidores externos, como lo explica el sitio web de Worldcoin.
A pesar de estos «avances», WLD sigue siendo un token inflacionario, lo que representa un reto para su valorización a largo plazo.
La distribuciĂłn de tokens a quienes se escanean el iris en los dispositivos «Orbs» genera una presiĂłn de venta constante, ya que muchos beneficiarios venden sus recompensas por dinero fĂat, stablecoins o BTC, en lugar de retener WLD.
Realiza siempre DYOR đĄâšïž
#Worldcoins #worldcoinnews #Worldcoin #WorldCoin. #TopCoinsSeptember
LUNC (Terra Classic) and LUNA (Terra 2.0) are related but distinct cryptocurrencies that emerged from the Terra ecosystem after a major collapse in 2022.
1. Origin and History
$LUNC (Terra Classic):
This is the original token of the Terra ecosystem before its collapse. It was originally known as LUNA but was renamed to LUNC after the Terra network experienced a catastrophic failure in May 2022 due to the de-pegging of the TerraUSD (UST) stablecoin.
The failure led to a dramatic crash in both UST and LUNA's value, which resulted in a hard fork of the network.
$LUNA (Terra 2.0):
After the collapse, a new chain was launched called Terra 2.0. The token of this new chain retained the name LUNA.
It is considered a reboot of the Terra ecosystem, and unlike LUNC, it has no algorithmic stablecoin tied to it.
LUNA is the native token of the Terra 2.0 blockchain.
2. Supply
LUNC (Terra Classic):
The supply of LUNC is massive due to the hyperinflation that occurred during the collapse of the Terra ecosystem.
As of now, the total circulating supply of LUNC is in the trillions, making it much less scarce than its successor.
LUNA (Terra 2.0):
LUNA has a significantly smaller supply compared to LUNC since it was created with a more controlled supply after the reboot.
It also has a much lower market cap and circulating supply compared to the old LUNC.
3. Network and Governance
LUNC (Terra Classic):
It runs on the old Terra Classic network, which is now mostly community-run.
Governance and development decisions are made by a separate group of developers and validators, mostly trying to rebuild or stabilize the old ecosystem.
LUNA (Terra 2.0):
LUNA is part of the new Terra 2.0 network, governed by its own validators and community.
The Terra 2.0 chain is focused on revitalizing the ecosystem without the algorithmic stablecoin that caused the collapse.#lunc#LUNAđ„đ„đ„
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Bitcoin karĆıtından altın gĂŒzellemesi.
Ekonomist Peter Schiff, Bitcoinâe (BTC) odaklanan yatırımcıların altın fiyatındaki yĂŒkseliĆi kaçırdıÄını belirtti.
Kripto piyasasında hareketli gĂŒnler yaĆanırken, analistlerden çarpıcı söylemler gelmeye baĆladı. 64 bin dolar seviyesine yaklaĆan BTC, boÄa döngĂŒsĂŒnĂŒn baĆlayıp baĆlamadıÄı sorusunu gĂŒndeme getirdi. Uzun sĂŒredir yĂŒkseliĆ bekleyen yatırımcılar sabırsızlanırken, Schiffâten çarpıcı bir açıklama geldi.
Schiff, yatırımcıların BTCâye odaklanmasını eleĆtirdi. Bitcoin karĆıtı analist, altının yarattıÄı fırsatın göz ardı edilmesine sitem etti.
Bitcoin karĆıtlıÄıyla bilinen Peter Schiff, X ĂŒzerinden yaptıÄı paylaĆım ile ortalıÄı karıĆtırdı. ĂnlĂŒ ekonomist, bir kez daha geleneksel finansı kripto varlıkların ĂŒzerinde tuttu.
âAltın yeni bir rekor kırdı, ancak çok az yatırımcı bunu fark ediyor ya da önemsiyorâ diyen Schiff, sözlerine Ću Ćekilde devam etti:
âDikkatler Bitcoinâe odaklanmıĆken, yatırımcılar sadece altının kazançlarını deÄil, aynı zamanda yĂŒkseliĆin önemini de kaçırıyor.â
ABD Fedâin dört yıl sonra faizleri indirmesinin sanıldıÄı kadar pozitif olmadıÄını belirten Schiff, enflasyonun daha fazla yĂŒkseleceÄini savundu. Ekonomist, altın fiyatındaki yĂŒkseliĆin para politikasının çok gevĆek olduÄunu ve söz konusu durumun enflasyonu dĂŒĆĂŒrmeyeceÄini belirtti.
Schiffâin yorumları yatırımcıların tepkisini çekti. Bir kullanıcı BTC ve altının benzer Ćekilde yĂŒzde 2 yĂŒkseliĆ gerçekleĆtirdiÄini aktardı.
$BTC fiyatının rekor seviyelerin altında olduÄunu dile getiren ekonomist, sözlerine Ću Ćekilde devam etti:
âBitcoin, Fedâin baĆına gelen en iyi Ćeydir, Ă§ĂŒnkĂŒ aksi takdirde politika hatalarını ortaya çıkaracak olan altının ĂŒzerindeki spot ıĆıÄını alır.â
#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
THIS IS WHY YOU SHOULD NOT FOCUS ON SHORT TERM GAINS IN THE CRYPTO SPACE
Focusing on short-term gains in the crypto market can lead to:
Risks:
1. Volatility: Cryptocurrency prices fluctuate rapidly, causing significant losses.
2. Whales' manipulation: Large investors influence prices, trapping short-term focus investors.
3. FOMO (Fear of Missing Out): Impulsive decisions lead to poor investment choices.
4. Liquidity issues: Difficulty selling assets during market downturns.
5. Scams and Ponzi schemes: Short-term focus makes investors vulnerable.
Consequences:
1. Financial losses: Significant wealth reduction or even total loss.
2. Emotional distress: Stress, anxiety, and disappointment.
3. Missed opportunities: Long-term growth potential overlooked.
4. Lack of understanding: Superficial knowledge leads to poor decision-making.
5. Burnout: Constant stress and pressure to make quick profits.
Real-life examples:
1. TerraUSD (UST) collapse: Investors focusing on short-term gains lost millions.
2. FTX's downfall: Short-term focus and excessive leverage led to catastrophic consequences.
Lessons learned:
1. Educate yourself on cryptocurrency fundamentals.
2. Set realistic expectations and long-term goals.
3. Diversify your portfolio.
4. Avoid impulsive decisions based on emotions.
5. Stay informed but avoid FUD (Fear, Uncertainty, and Doubt).
đ€·ââïžHow To Become A Millionaire With Just 500-1000đČâïž
Turn $500-$1000 into a Million! đ°đ"
Are you ready to embark on a thrilling journey to crypto riches with just a modest investment of $500-$1000? Buckle up as we unveil the secrets to potentially becoming a crypto millionaire! đđ
1. **Educate Yourself đ:** Knowledge is power in the crypto world. Dive into resources, follow market trends, and understand the technology behind different cryptocurrencies.
2. **Strategic Investing đŻ:** Choose promising projects with strong fundamentals. Diversify your portfolio to spread risk, and keep an eye on emerging opportunities.
3. **Timing is Key â°:** Capitalize on market fluctuations by timing your buys and sells. Patience is a virtue, but strategic moves can make a significant difference.
4. **Staking and Yield Farming đ±:** Maximize your returns by staking your assets or participating in yield farming. Earn passive income while your crypto works for you.
5. **Stay Informed đ:** Follow reputable crypto news sources, join communities, and engage with experienced investors. Staying informed helps you make informed decisions.
6. **Long-Term Vision đ:** Consider a long-term approach. Some of the most successful crypto investors are those who held onto their assets through market ups and downs.
7. **Risk Management đĄïž:** While the potential for profit is exciting, be mindful of the risks. Only invest what you can afford to lose, and use risk management tools if available.
Remember, the crypto market is dynamic, and success requires a blend of strategy, knowledge, and a dash of courage. Are you ready to seize the crypto millionaire title? đđž
đRemember: A lot of Hardwork goes into for providing you Best Investment Articles. Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#millionaires #Crypto2024