Vitalik Buterin Highlights Ethereum Roadmap Progress, ETH Price Set For $5000
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Vitalik Buterin responded to Kyle Samani of Multicoin and other critiques regarding Ethereum performance and decentralization.
Amid concerns about the networkâs scaling and competitive position in the blockchain sphere, Vitalik Buterin provided insights into the ongoing ecosystem developments. He emphasized the strategic focus on enhancing the networkâs robustness and interoperability.
Vitalik Buterin Defends Ethereum Decentralization
In a recent discussion on X (formerly Twitter), Vitalik Buterin addressed the accusations regarding ETHâs supposed inefficiencies and alleged centralization risks. He outlined the technological strides made over the past year, including reductions in transaction censorship and advancements in network security.
Vitalik noted that Etherâs architecture continues to evolve towards a more decentralized framework, contrary to the claims.
Additionally, Ethereum co-founder discussed implementing new protocols to enhance the networkâs resistance to centralization. He pointed to the ongoing developments in block construction protocols, such as FOCIL and APS, designed to fortify the network against external influences and internal vulnerabilities.
Earlier today, the co-founder sparked excitement in the crypto community by posting an AI-generated image of a bull holding a sign that read
âBullish on Flux, Bullish on Ethereum.âÂ
The post, created using the FLUX.1 app on his laptop with a 4070 GPU, quickly sparked a wave of discussions on ETH performance and price trajectory.
#VitalikButerin #Ethereum #ETF #CryptoNews #DOGSONBINANCE $BTC $ETH $SOL
đžResumen tĂ©cnico sobre el gran $PEPE /USDT
đ Cuando $PEPE estĂ© en 0,00000961, el mercado llenarĂĄ su Final
$PEPE estĂĄ bajando demasiado, al igual que BTC y otros.
[đđčđ¶đ°đž đđČđżđČ đđŒ đ©đŒđđČ](https://app.binance.com/uni-qr/cpro/RoYoK?l=es-LA&r=37675060&uc=app_square_share_link&us=copylink)
Precio actual: $0,00000832 (-8,47 %)
đResistencia: $0,00000854
đSoporte: $0,00000832
âčïžIdeas para trading efectivo:
đčïžOperaciĂłn corta: si el precio cae por debajo de $0,00000832, apunte a $0,00000820 y $0,00000810, con un stop loss en $0,00000858.
đčïžOperaciĂłn larga: si el precio supera los $0,00000858, apunte a $0,00000870 y $0,00000900, con un stop loss en $0,00000832.
đšSolo quedan 3 dĂas para que finalice el perĂodo de votaciĂłn.đš
Por favor, vote en mi perfil a diario y pida a sus amigos que voten en mi perfil.
đŹRecuerda siempre hacer DYOR antes de decidir cualquier cosa!
#PepeCoinToTheMoon #PEPEATH #Write2Earn! #binanceblockchainweek #CryptoMarketMoves
The altcoin market's getting crowded fast, with many projects missing the mark.
But the DePIN industry is a standout, poised to capture significant market share this year.
My top pick? @ionet
When the market is quiet, my strategy is to pick positions I trust and stay updated on the latest project news.
A recent @ionet update prompted me to come out of hibernation and hit the buy button.
Today, I will discuss their latest update and its impact on the price of $IO .
Before diving into the details, let's remember a fundamental principle: fewer coins in circulation make it easier to increase the price.
In a recent update, GPU providers, who play a crucial role in the @ionet ecosystem, are now required to stake $IO tokens.
The amount of $IO GPU providers need to stake depends on two key factors:
â Number of GPUs Owned: More GPUs require a higher staking amount
â Earning Potential of GPUs: More powerful or efficient GPUs necessitate staking more $IO tokens
Imagine if every single GPU provider is required to stake $IO tokens.
With only 95 million $IO tokens currently in circulation, consider the impact on the price of $IO when all these providers need to buy them for staking.
Want more discussion?
[Please visit my profile and vote](https://app.binance.com/uni-qr/cpro/Crypto_Eagles?l=en&r=49665798&uc=app_square_share_link&us=copylink)
#TelegramCEO #PowellAtJacksonHole #BNBChainMemecoins
Introducing the STEPN GO x @GSHOCK_OFFICIAL Genesis Jogger đ
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These Sneakers are perfect for those who live life in the fast lane đđ»ââïž
The vibrant colours and cutting-edge aesthetic make a statement, ensuring you're always ahead of the curve.
đ Ready to explore new dimensions? You have until August 30, 0 AM UTC to enter the raffle and try to get yours đ
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STEPN GO x G-SHOCK: Time to Move
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QCP shares short-term Bitcoin forecast: 'There's still doubt'
Singapore-based trading and consulting firm QCP Capital stated in its latest report that Bitcoin will continue to squeeze in a certain interval in the short term. Company analysts said, âThe market is still acting in a skepticism. There is also a decrease in volumes, but we see that there is an increase in long-term options," they said.
Although Fed chairman Jerome Powell's speech on interest rate cuts in his Jackson Hole speech brought a rise in Bitcoin and U.S. stocks, then came a limited decline.
Singapore-based trading company QCP Capital, on the other hand, stated in its latest report that Bitcoin may be stuck between 62 and 67 thousand dollars in the short term.
'There is still uncertainty and doubt'
Company analysts stated that although Powell's speech reflected positively on the prices, there was still a market uncertainty in derivatives trading:
âWhile the upward movement in the Bitcoin price is significant, the expectations of forward-looking volatility still show that the market is in doubt.
Considering the decrease in volumes, we predict that Bitcoin will go between 62 and 67 thousand dollars in the short term. #laraxen #Laraxenteam #LaraxenFamily
đ±đđAstonishing price target for XRP: Is the rise coming?
A trader who published analysis on price formations suggested that the #XRP price could soon rise in 3 directions.
$XRP , which entered the bulls' radar with Ripple's victory in its legal fight against the SEC, approached the break in the bull formation but could not succeed. With the news of the lawsuit, the workers in the altcoin, which experienced a rise of nearly 65 percent, returned. XRP bears managed to pull the coin price in the last 24 minutes.
AMBCrypto evaluated the pressure that the bears put on XRP as the beginning of a new bull rally.
Crypto analyst World of Charts commented on XRP metrics. The analyst brought up the issue of bringing XRP to the agenda in 3 ways.
Signal of change in XRP metrics CoinGecko has recorded an increase of more than 5 percent in the last seven days according to the XRP price.
The altcoin, which has close market structures around 33 billion, is trading below $ 0.6.
Crypto analyst World of Charts announced that a multi-year bullish triangle pattern has formed on the XRP chart. The analyst, who stated that the formation in question has been ongoing since 2020, expressed the bullish level.
XRP, which is consolidated within the multi-year symmetrical triangle formation, is giving strong signals. According to the formation, there may be an upward breakout and the XRP price may rise 3 times with the breakout.
World of Charts, who stated that there were many factors at the time of the breakout, said: âThe main factors supporting the breakout scenario: Increasing buying pressure, good market distribution, separable technical module, suitable chart formationsâ
{spot}(XRPUSDT)
#ripple #altcoins #binance
đš $ETH Analysis Alert đš
[CLICK HERE AND VOTE MEđ€đâ€ïžđłïž](https://app.binance.com/uni-qr/cpro/raiaftab6869?l=en&r=938254818&uc=app_square_share_link&us=copylink)
Current Price: $2,621.85
Resistance: $2,737.50
Support: $2,611.65
đ Support and Resistance:
The support level at $2,611.65 is where buyers could step in, while resistance at $2,737.50 is where sellers might push back. These levels are critical for identifying potential entry points.
đĄ Entry Strategy:
For a Long Trade, enter above $2,737.50, targeting $2,780.00 and $2,800.00 with a stop loss at $2,611.65. If ETH drops below $2,611.65, a Short Trade could be triggered, aiming for $2,580.00 and $2,550.00 with a stop loss at $2,737.50.
đ„ Keep an eye on these levels for potential breakout opportunities!
{spot}(ETHUSDT)
#ETH #CryptoTrading #Binance #VOTEme
đ„đ„đ„ Solana ($SOL ) Ripe For Price Discovery, Analyst Eyes $600 Target
Solana (SOL) Shows Strong Performance, Poised for Potential ATH Rally
- Market observers have lauded Solana (SOL) for its impressive performance this month. As the fifth-largest cryptocurrency by market capitalization, SOL has demonstrated resilience despite market turbulence, recently reclaiming the $160 support level. Analysts suggest that SOL may soon embark on a rally towards a new all-time high (ATH).
Solana Breaks Out of Consolidation
- In August, Solanaâs strength was tested during market retraces. Despite a drop of over 30% to $110 during the initial crash, SOL recovered and maintained a sideways movement between $140 and $155 until Saturday. Analysts noted that SOL was in a favorable position for accumulation while other assets experienced lower lows. They anticipated that a surge in Bitcoin ($BTC ) could trigger a move for Solana.
- Following a 10% rise in Bitcoinâs price to the $63,000-$64,000 range over the weekend, SOL experienced a positive price action, climbing 13.9% in just three days. SOL broke above the $155 resistance level on Saturday with an 8% surge, reaching $162 before a minor retrace. The token has continued to move within this new range.
Could SOL Rally to $600?
- Solana's bullish sentiment is driven by recent performance. Analyst Ali Martinez sees the $164 resistance as key; clearing it could lead to a 33% rise toward $220, a level not reached since late 2021.
- Similarly, Altcoin Sherpa identified $165 as a key resistance level. Sherpa advises patience for a break above this level, which could potentially push SOL towards $188 and $201. Despite the possibility of a pullback to previous ranges, Sherpa is confident that SOL will break its ATH in Q4.
- Crypto analyst Jelle noted that Solana (SOL) shows signs of potential growth, with a possible rally to a new ATH between $450 and $600. Currently at $168, SOL has risen 2% daily and 13.9% weekly.
Source - newsbtc.com
#CryptoMarketTrend #BinanceSquareTalks #CryptoNewsCommunity
đ Bitcoin (BTC) price has been increasing, reaching levels not seen in three weeks. However, BTC derivatives traders seem hesitant to commit to long positions.
đž The crypto market's behavior is influenced by macroeconomic factors like interest rates and geopolitical tensions.
đ Market participants are closely watching the US Federal Reserveâs decision on interest rates in September.
đ The Russell 2000 small-cap stock index is near its highest-ever closing, making it challenging to argue that traders have become risk-averse. Gold prices are also stable.
đ€ The yield on the US Treasury 2-year note is nearing its lowest level since May 2023, indicating buyers are accepting lower returns.
đ Bitcoin's correlation with equities has varied over time and rarely exceeds a duration of more than five months.
â ïž Escalating geopolitical tensions in the Middle East have contributed to increased investor uncertainty.
đ° The BTC futures premium has stagnated at around 6%, indicating caution among professional traders.
đ The options skew metric is near 0%, signaling balanced pricing between call and put options, with no strong confidence in a bull market resumption.
âł Investors are waiting for key events such as corporate earnings reports and the US Personal Consumption Expenditures (PCE) inflation index to make decisions.
Overall, traders seem uncertain about Bitcoin's immediate future due to mixed signals from both traditional financial markets and geopolitical tensions.
$BTC
{spot}(BTCUSDT)
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #CryptoMarketMoves #PowellAtJacksonHole