According to recent reports, the Kraken team is in talks with different blockchain developers about a potential partnership to launch a layer-2 blockchain network. 
Choosing Right Developer
Kraken, the popular cryptocurrency exchange, is reportedly in discussions with blockchain developers Polygon, Matter Labs, and the Nil Foundation regarding the potential launch of a layer-2 blockchain network. This move follows the success of Coinbase's layer-2 blockchain, Base.
Kraken is carefully considering which blockchain developer will construct its network. The project is shrouded in secrecy, and sources prefer to remain anonymous as the exchange's efforts are still ongoing and have not been officially disclosed to the public.
No Confirmation, Only Clues
When asked for a comment on the matter, Kraken did not provide specific details. However, a spokesperson stated, 
“We’re always looking to identify and solve for new industry challenges and opportunities. We don’t have anything further to share at this time.”
A job listing on Kraken's website seeking a "Senior Cryptography Engineer" further suggests their interest in layer-2 solutions. The job description explicitly calls for expertise in the "design and implementation of layer-2 solutions."
Layer-2 Technologies: Optimistic vs. ZK 
In August, Coinbase introduced its own layer-2 network, Base, built on the OP Stack, created by OP Labs. Base quickly gained market share, boasting $574 million in total value locked and diversifying its revenue streams.
Optimism, Arbitrum, and Base employ Optimistic Rollup technology, a layer-2 protocol that scales Ethereum by processing transactions off-chain in batches. This technology relies on fraud proofs, assuming that submitted transaction data is correct and valid until proven otherwise.
In contrast, existing layer-2 solutions from Polygon, Matter Labs, and Nil Foundation are based on zero-knowledge (ZK) proof solutions. These also aim to scale Ethereum but rely on validity proofs for individual transactions.
Kraken's Potential Direction
While it remains uncertain which layer-2 network Kraken will ultimately choose, if they decide to proceed with the firms under consideration, it is likely to be based on ZK technology. ZK Rollups, though currently less prevalent than Optimistic Rollups, offer certain advantages due to their EVM compatibility, such as faster transaction processing without waiting periods.
Ethereum co-founder Vitalik Buterin also expressed a preference for ZK Rollups over Optimistic Rollups, stating, 
"My opinion is that in the long run, ZK-Rollup will eventually beat Optimistic Rollup because they have basic advantages like users don't need to wait 7 days for a withdrawal."
As the competition between crypto exchanges intensifies, Kraken's choice of developer and technology will play a crucial role in determining the success of a possible layer-2 network.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

İş ve yatırım bağlamında öncelikli hedef, en büyük öneme sahip olan kârlılığa ulaşmaktır. İnsanlara katılma isteği aşılayarak kuruluşların hayati özü olarak işlev görür. Yatırımın temel doğası finansal kazanç beklentisine dayanmaktadır; karlılık, hedeflere ulaşılmasını belirleyen önemli bir faktördür. Potansiyel mali faydalarla birlikte, yatırımın gerekçesi artar ve projenin değerinin ve arzu edilirliğinin yeniden değerlendirilmesine yol açar. Kripto para birimlerinin kârlı bir yatırım fırsatı olarak yükselişi, özellikle yükselişli piyasa koşullarının devam ettiği bu dönemde, çağdaş finansın önemli bir odak noktası oldu. Önemli bir şekilde, yatırımcılar büyük getiriler gözlemliyor; önemli sayıda yatırımcı, yatırım portföylerinin değerinde dikkate değer bir beş kat artış yaşıyor.

The crypto market is alive with the buzz of potential as whispers of a Bitcoin (BTC) ETF approval grow louder. Market analysts are placing the odds at a strong 65%, buoyed by the SEC’s recent open stance on negotiations. The optimism isn’t just idle chatter; heavy hitters like BlackRock are in the ring, and with ARK Invest’s ETF deadline poised for early 2024, just before the historically bullish Bitcoin (BTC) halving event, there’s a palpable sense of anticipation for a market upswing.
In this optimistic climate, Ripple (XRP) is gaining momentum, with projections eyeing a rise to around $1.36 by mid-November as it nears the resolution of its SEC lawsuit. The tide has shifted for XRP, marking the start of a bull run amidst the favorable legal winds. Amidst this, ScapesMania (MANIA) is carving out a niche as the presale project that not only offers high returns but also a refreshing predictability, making its numbers stand out in the crowded market space.
However, in the crypto realm, fortunes can pivot on a dime. Both stalwarts like BTC and XRP and newcomers like MANIA could see their trajectories swing dramatically. With every coin subject to the market's volatile pulse, the near future holds both promise and peril, keeping traders locked in a constant game of anticipation.
ScapesMania: Transparent, Rewarding, Revolutionary
While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make ScapesMania the next big thing in crypto. Presale discounts and stage bonuses only add to the project's appeal.
Presale is Live Now - Join Now for a Chance to Benefit with MANIA
Backed by an award-winning developer crew, ScapesMania stands for transparency: every member’s social media profile is public. The project can achieve this not just by bringing big innovation to the game, but by putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is what makes ScapesMania the project with a bright future ahead.
Presale is Live, Learn More About Major Benefits
Bitcoin (BTC): The Market Awaits a Definitive Move
In the latest turn of events for Bitcoin (BTC), the market has found itself navigating a rather stagnant period, with the leading cryptocurrency struggling to hold the key $35,000 level after a brief sojourn above it over the weekend. This recent price action unfolds in a landscape devoid of significant catalysts, leaving traders to wrestle with a persisting sideways movement. 
The market's hesitation is echoed in recent liquidation patterns, where CoinGlass data highlights a worrying trend for bulls: liquidations of long positions have outpaced those for shorts. This implies a reluctance among buyers to commit to a push above the $36,000 mark amidst the current uncertainty.
Bitcoin (BTC) Technical Analysis
Technically speaking, BTC is caught in a tug-of-war between its initial support point at approximately $34,626 and the closest resistance level around $35,424. The price's slip below the $34,900 mark, a level of recent consolidation, suggests a lack of buyer conviction. 
Source: TradingView
Additionally, the 3-10 day MACD oscillator is stalling, indicating a loss of short-term momentum. While the price has flirted with the 9 day moving average, crossing it briefly, there isn't enough momentum to declare a clear direction, as evidenced by the ongoing struggle around these key technical junctures. 
However, futures markets offer a glimmer of potential dynamism, with open interests in Bitcoin (BTC) futures climbing to levels not seen since May 2022, a sign that traders may be positioning for future movements amidst speculation over the potential approval of BTC spot ETFs in the U.S.
Bitcoin (BTC) Price Forecast
From a bullish perspective, the asset’s decisive close above the first resistance could pave the way for an assault on the second resistance level at roughly $35,798, with the ultimate ceiling seen at the 52-week high near $35,944. A surge in buying pressure that propels the BTC price through these thresholds could signal a renewed bullish fervor. 
Conversely, bears could seize control if Bitcoin (BTC) breaks below $34,626, which could trigger a slide toward the second support level at approximately $34,202, with the third support at $33,828 potentially in play if negative sentiment amplifies. 
Ripple (XRP): Navigating the SEC Lawsuit Fallout
Ripple (XRP) has found itself at the center of attention lately, with the crypto community eyeing the ongoing SEC lawsuit closely. Recent speculations have been fueled by optimistic legal assessments regarding the case's outcome, with notable commentary by attorneys Jeremy Hogan and John E. Deaton painting a picture of potential victory for Ripple. 
As the market digests the possibility of a favorable settlement and a penalty possibly as minimal as $20 million, the trading activity of XRP has seen significant fluctuations. As Ripple Labs and the SEC gear up for a proposed briefing schedule by November 9, the stakes are high, and the market sentiment is hinged on every new development, eagerly awaiting the court's next move if the parties fail to agree.
Ripple (XRP) Technical Analysis
Technically, Ripple (XRP) is threading a cautious path, trading between $0.6447 and $0.7659. The recent price action reflects a tug-of-war between buyers and sellers, with a 4% dip over the last 24 hours, yet a commendable 18% rally over the past week. 
Source: TradingView
The MACD, which often indicates momentum, shows a stalling at the $0.7965 level, signaling that the bulls might be losing steam. The market cap of over $36 billion, bolstered by the current circulating supply, holds the promise of liquidity, but the tight range indicates a market in wait-and-see mode, with pivotal technical levels keeping traders on alert.
Ripple (XRP) Price Forecast
The bullish scenario for XRP hinges on breaking past the $0.7659 resistance, driven by positive news from the lawsuit, which could ignite a rally towards the second resistance at $0.8088, and possibly eyeing the third at $0.887. This ascent would be confirmed by a sustained move above the 9-day moving average, currently at $0.6046. 
On the flip side, a bearish turn could see XRP slide below the first support, with further downside potential if it breaches subsequent supports at $0.5665 and $0.5236. This could trigger a sell-off towards the 1-month low of $0.475. With the November 9 deadline approaching, this level of uncertainty might test the resolve of XRP supporters, potentially leading to volatile price movements as the community awaits a concrete outcome.
Final Thoughts: Anticipation High as Regulatory Whispers Stir Crypto
Excitement and nerves intertwine as Bitcoin (BTC) steadies before a potential ETF endorsement, a scenario sending ripples of speculation across trading floors. Against this uncertain but hopeful backdrop, the legal tussle of Ripple (XRP) draws to a climax, setting the stage for the asset's possible uptick.
The market behavior of BTC is tentative, echoing the collective pause of investors eyeing the horizon for a decisive event. Futures interest peaks, hinting at a collective hunch for imminent price action, yet the path remains shrouded in market dynamics and regulatory whispers.
XRP is treading a delicate line, with its destiny hanging in the balance as courtroom showdowns edge closer to a pivotal turning point come November. The market is watching with bated breath, sensing that the token could either take off in a bullish sprint or stumble into a bearish retreat—this is the kind of nail-biting suspense that makes trading in the crypto world a real rollercoaster.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Cryptocurrencies have been on a tear recently, with Bitcoin blazing the trail as the total market value soars past the trillion-dollar milestone. Aligning with this surge, traditional stock indices have also shown strength, potentially fueled by the Federal Reserve's hold on interest rates, hinting at a relaxed monetary policy ahead. 
This environment has set the stage for meme coins, with notables like Pepe Coin (PEPE) and Floki Inu (FLOKI) significantly upping their market valuation, capitalizing on the crypto market's momentum and the anticipatory buzz of an approaching Bitcoin halving event. Amidst this fervor, ScapesMania (MANIA) emerges as a notable presale, drawing attention for its alluring potential for strong returns in a market where predictability is a rare commodity. 
However, the market landscape is still intricate and unpredictable. While there's enthusiasm for the gains seen across the board, the market is a pendulum that swings both ways. The intrigue lies in the balance of potential profit and the risk of sudden downturns, reminding investors that the trajectory of digital currencies, meme coins included, is a tapestry woven with threads of uncertainty.
ScapesMania: Shaping the Crypto Landscape with Pioneering Technology
While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make ScapesMania the next big thing in crypto. Presale discounts and stage bonuses only add to the project's appeal.
Presale is Live Now - Join Now for a Chance to Benefit with MANIA
Backed by an award-winning developer crew, ScapesMania stands for transparency: every member’s social media profile is public. The project can achieve this not just by bringing big innovation to the game, but by putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is what makes ScapesMania the project with a bright future ahead.
Presale is Live, Learn More About Major Benefits
Pepe Coin (PEPE): Technical Levels Under the Trader's Microscope
Pepe Coin (PEPE) is threading through the volatility of the crypto market with characteristic agility. Currently wedged between the support level of $0.0000011375 and resistance level of $0.0000012399, PEPE is demonstrating the kind of tumultuous trading that keeps chart-watchers on the edge of their seats. 
Source: TradingView
Despite experiencing a minor pullback of 3% in the last 24 hours and a subtle downtrend of 2% over the preceding week, it's pivotal to recognize that the present valuation of PEPE is significantly elevated, standing at a 1,989.05% increase from its all-time low of $0.000000055142 noted seven months prior.
Pepe Coin (PEPE) Bullish Scenario
Should Pepe Coin (PEPE) gather enough momentum to push past the immediate resistance, the coin might test the resolve of the higher ceiling at $0.0000012763 and even $0.0000013787. This upward movement would need to be supported by increased trading volume and positive market sentiment. 
The sizable 24-hour trading volume of over $101,850,000 bolsters the potential for such an optimistic outlook, hinting at an engaged community and investor base that could drive the meme coin's price to explore these higher resistance levels.
Pepe Coin (PEPE) Bearish Scenario
However, if the sentiment wanes and PEPE slips below the support at $0.0000011375, the next safety nets are staged at $0.0000010715 and further down at $0.0000009691. A break beneath these floors could signal a bearish phase, ushering in the possibility of retracing back towards the lower end of its 7-month spectrum. 
Traders will undoubtedly be vigilant for any shifts towards these support levels, as they could indicate a broader retreat from recent peaks, a narrative not uncommon in the high-stakes world of meme cryptocurrencies.
Floki Inu (FLOKI): A Trader’s Guide to the Next Big Swing
Amid a market that's seen its fair share of ups and downs, Floki Inu (FLOKI) presents a mixed picture. With a current spot price of slightly above $0.00003, FLOKI is nursing a 3% decline in the last day and a 13% retreat over the past week. Despite this short-term bearish sentiment, the asset’s fortnightly and monthly data tell a different story, with a rally of 14.3% and an impressive 71% increase respectively.
Source: TradingView
On the technical chart, the movements of FLOKI are bracketed by the support at $0.0000276 and resistance at $0.00003565.
Floki Inu (FLOKI) Bullish Scenario
Should Floki Inu (FLOKI) sustain momentum and break above the resistance at $0.00003565, the next targets for the bulls are clear. They'll be aiming to pierce through the second resistance level at $0.00004055, with an even more ambitious goal of reaching the third resistance at $0.0000486. A surge past this mark could signal a strong bullish trend taking hold, possibly carving out new peaks for FLOKI.
Floki Inu (FLOKI) Bearish Scenario
Conversely, the bearish perspective looms if Floki Inu (FLOKI) fails to hold above its current support at $0.0000276. A downward breach here could quickly lead to a test of the deeper support levels at $0.00002445 and possibly $0.0000164, confirming a bearish downturn, erasing recent gains and shifting market sentiment.
Traders are watching these technical levels with keen interest, knowing that the meme coin's volatile nature could lead to significant price swings, affirming either scenario in the short term.
Conclusion: The Unpredictable Pulse of Meme Coins
In the crypto market's latest chapter, Pepe Coin (PEPE) and Floki Inu (FLOKI) emerge as the daring duo, each carving their path with distinct flair. The former dances along its technical tightrope, teasing resistances with the unpredictability that meme coins are known for. The latter, not to be outshone, rides the waves of market sentiment, boasting a robust monthly performance that hints at an underlying current of bullish potential.
The technicals are the compass by which these coins navigate, with PEPE jostling at pivotal price points that could propel it to new heights or see it retreat to familiar lows.FLOKI finds itself at a crossroads between recent slumps and longer-term gains, presenting a duality that keeps traders on high alert.
As the market looks on, both assets stand as beacons of the meme coin rally, encapsulating the sheer dynamism of this niche. The allure of what lies ahead keeps the community riveted, poised for whatever comes next in the unpredictable dance of meme coin markets.

The Enigmatic Creator of Bitcoin: Unraveling the Mystery Behind Satoshi NakamotoIn the midst of the 2008 global financial crisis, a pseudonymous individual by the name of Satoshi Nakamoto introduced a groundbreaking concept that would revolutionize the world of finance – Bitcoin. Despite its widespread adoption and influence, the true identity of Satoshi Nakamoto remains shrouded in mystery.The concept of Bitcoin was outlined in a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," published in 2008. Nakamoto's vision was to create a decentralized digital currency, free from the control of any central authority, such as governments or financial institutions. The release of the Bitcoin software followed in January 2009, marking the birth of the first cryptocurrency.The identity of Satoshi Nakamoto has been the subject of intense speculation, with various theories and claims emerging over the years. Some believe Nakamoto is an individual, while others suggest it could be a group of people. The name itself is widely considered to be a pseudonym, and efforts to uncover the true identity have proven fruitless.Despite Nakamoto's elusiveness, the impact of Bitcoin cannot be overstated. It laid the foundation for a new era of digital currencies and blockchain technology, sparking the creation of thousands of alternative cryptocurrencies and driving advancements in decentralized finance.While the mystery of Satoshi Nakamoto persists, the legacy of Bitcoin endures. Its influence has transcended the world of finance, sparking conversations about the future of money, privacy, and the role of traditional financial institutions in a rapidly evolving digital landscape. Whether Nakamoto's identity will ever be revealed remains uncertain, but the impact of Bitcoin is undeniable, leaving an indelible mark on the history of technology and finance.

Web 3.0: Unraveling the Next Evolution of the InternetThe internet has undergone significant transformations since its inception, and the emergence of Web 3.0 marks the next evolutionary leap. Unlike its predecessors, Web 3.0 is not just an upgrade in terms of user interface or functionality; it represents a fundamental shift in the way the internet operates.Decentralization as a Core TenetAt the heart of Web 3.0 is the principle of decentralization. Traditional Web 2.0 relies heavily on centralized servers controlled by corporations, making users dependent on these entities for services and data storage. Web 3.0 aims to distribute this control, utilizing decentralized technologies such as blockchain.Blockchain Technology: The Backbone of Web 3.0Blockchain, the technology behind cryptocurrencies like Bitcoin, plays a pivotal role in Web 3.0. It operates as a decentralized and secure ledger, recording transactions across a network of computers. This distributed nature eliminates the need for a central authority, providing transparency and immutability.Smart contracts, self-executing contracts with the terms of the agreement directly written into code, are another key aspect of Web 3.0. These contracts automate processes, reducing the need for intermediaries and enhancing trust between parties.Interoperability and Seamless ConnectivityWeb 3.0 emphasizes interoperability, allowing different platforms and applications to seamlessly connect and communicate. This contrasts with the siloed nature of many Web 2.0 services, fostering a more cohesive and integrated digital experience.Protocols like the Interledger Protocol (ILP) and the Inter-Blockchain Communication (IBC) protocol facilitate communication between different blockchains, enabling a more interconnected and interoperable internet.User Empowerment and Data OwnershipIn the Web 3.0 paradigm, users have greater control over their data. With decentralized identity systems, individuals can manage their digital identities without relying on centralized authorities. This shift empowers users to decide who can access their data and for what purpose.Challenges and Road AheadDespite the promises of Web 3.0, challenges exist. Scalability, energy consumption, and regulatory uncertainties are among the hurdles that need to be addressed. As the technology continues to mature, these challenges will likely be met with innovative solutions.The transition to Web 3.0 is an ongoing process, with various projects and initiatives pushing the boundaries of what is possible. As decentralized technologies gain wider adoption and address their current limitations, the internet's landscape will undergo a profound transformation, ushering in a new era of openness, transparency, and user empowerment.#web3.0