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Ethereum Co-Founder Vitalik Buterin Announces a New Era in the Mature Crypto Landscape at Token 2049. Vitalik Buterin drew attention to the rapid developments in the Ethereum ecosystem during his speech at the Token 2049 conference. He attributed the decline in transaction fees and the acceleration of developments to Ethereum’s Layer-2 (L2) solutions. Emphasizing that transaction fees used to be as high as $800 and have now been reduced to almost zero, Buterin stated that the existing L2 networks contributed to this success. This milestone is of great importance for Ethereum’s wider and more practical use in daily life. Buterin explained in detail how Layer-2 (L2) solutions are revolutionizing the Ethereum ecosystem. These secondary structures work on top of Ethereum’s primary blockchain, significantly increasing scalability and reducing transaction fees. He stated that these developments not only reduce costs but also increase transaction security. Emphasizing the transition from the high transaction fees of the past to the current era of low-cost and secure transactions, Buterin stated that L2 solutions are at a critical point in the evolution of the technology. Buterin also explained how the Merge update significantly shortens transaction confirmation times. This update, which plays a central role in Ethereum’s roadmap, symbolizes the transition from the energy-intensive Proof of Work (PoW) model to the more efficient Proof of Stake (PoS) consensus mechanism. This accelerated transaction confirmations made Ethereum more practical for everyday transactions and facilitated its adoption among different user groups. In his speech, Buterin drew parallels between the growth of the cryptocurrency sector and the historical evolution of the internet. He noted that well-established cryptocurrencies such as Bitcoin and Ethereum have been around for over a decade. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Raoul Pal: Bitcoin Nearing a Major Breakout with Rising Liquidity Pal tells his one million followers on social media platform X that Bitcoin is rising amid rising global liquidity. The chart he shared compares global liquidity to Bitcoin, suggesting that the leading cryptocurrency could reach $90,000 by November. Raoul Pal: “Close, very close. GMI (Global Macro Investor) Total Global Liquidity and BTC.” Pal also draws attention to the historical relationship between Bitcoin and the global money supply (M2), indicating that the leading cryptocurrency is preparing for a major breakout. Raoul Pal, macro investment expert and Real Vision CEO, suggests that Bitcoin is on the verge of a major rally at $60,313 due to rising global liquidity. Real Vision macro expert Julien Bittel also says that macroeconomic conditions are starting to inject more liquidity into the market, which is positive for risky assets like Bitcoin. Julien Bittel: “Hang on, bulls. It felt like an eternity trapped in the ‘Boring Zone,’ but there’s finally a light at the end of the tunnel. Liquidity is increasing again and Bitcoin – being extremely sensitive to changes in liquidity conditions – has the potential to make impressive moves as fresh liquidity flows into the system. The macro landscape is changing. There’s a big liquidity wave on the horizon and when it does, Bitcoin looks set for a strong rally in Q4. Patience is the name of the game now.” Bitcoin is trading at $60,219 at the time of writing and is up over 3% in the last 24 hours. Experts’ positive expectations for increasing global liquidity suggest that Bitcoin could see significant movement in the coming period. However, given the volatile nature of cryptocurrency markets and the uncertainty of macroeconomic factors, it is important for investors to remain cautious and follow the market closely. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Selling pressure is increasing in Avalanche (AVAX): A collapse may occur! Avalanche (AVAX), which has been exposed to selling pressure after failing to exceed $ 26, may experience a new collapse. AVAX, which could not overcome the $ 26 resistance with Bitcoin's decline, retreated to a critical level. The major coin, which also fell short in the rise processes, continues to upset its investors. Avalanche, which is currently in the decision-making phase, seems to be drawing its direction according to the price movements in BTC. AVAX, which changed hands at $ 23.07 as of the writing of the news, may be shaken by the continuation of the decline in BTC, the increase in $BTC dominance, or negative news from the Avalanche ecosystem. In such a scenario, a reaction can be expected first from the $ 21.84 and $ 20.50 levels. If these levels are insufficient, a decline of up to $ 17.27 - $ 15.97 and $ 14.81 may occur, respectively. Losing the recent low of $17.27 will be a sign of a new collapse. In order to expect a rise in the medium/long term, $17.27 must be protected. If it stays above $21.84, BTC rises above $60,000, or $BTC dominance declines, a recovery can be expected in AVAX. In such a scenario, increases to $24.80 - $27.31 - $30.05 - $31.70 - $33 and $35.08 can be followed, respectively. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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The whale that broke the money in Shiba Inu (SHIB) turned to two altcoins! A whale that once made high profits in Shiba Inu (SHIB) turned to two different altcoins. The whale with the address 0x761, who made significant profits from SHIB, sold his Ethereum and bought two different altcoins. This whale's first choice was one of the most popular memecoins of recent times. His other choice was among artificial intelligence-based cryptocurrencies. The mysterious whale bought 2.86 billion NEIRO for 1,003 Ethereum (ETH), worth $ 2.31 million. Interestingly, this exchange took place at a time when NEIRO experienced a 17-fold price increase. Despite this increase, the whale that bought seems to trust the popular memecoin. The whale earned $ 145 million from Shiba Inu between 2021-2022. However, the wallet in question did not perform as well in 2 of its last 3 transactions, including NEIRO and the second SHIB transaction, and lost $13.48 million. On August 30, the whale swapped 255.62 billion $SHIB worth $3.5 million for 3.114 million FET. With the $FET increasing rapidly, this move earned the whale $715,000. The largest portion of the whale’s portfolio currently consists of 4,960 ETH worth $11,537 million, making up 43% of its assets. 24% of the portfolio is made up of 477.511 billion SHIB worth around $6,332 million. The whale’s FETs worth $4,235 million make up 16% of its portfolio. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Crypto analyst gave a target for ETH: Rally signal in altcoins! Ethereum (ETH), which is priced in a critical area before the Fed interest rate decision, may light the fuse of the altcoin rally. It can be said that the decision day has come for ETH, which has not been able to exceed $ 2400 for a long time. The Fed interest rate decision to be announced at 21:30 TSI will determine the fate of cryptocurrencies. Altcoin investors in particular are waiting for the result of the Fed interest rate decision. Altcoins, which have been performing poorly compared to Bitcoin, may start a rally led by ETH. So what does Wolf, known for his crypto analyses, think about Ethereum? Ethereum, which changed hands at $ 2332 as of the writing of the news, will give confidence to investors if it maintains the green area. The pioneer of altcoins, which is currently holding on to this area, can target $ 2750 - 3000 - 3294 - 3700 and $ 4078 respectively if it breaks $ 2534. In this process, the Fed's interest rate decision and BTC's price movements will be decisive. Factors such as the interest rate decision not meeting expectations or $BTC breaking $ 60,000 downward will increase sales in $ETH . In such a scenario, pullbacks to $ 2109 - 1930 and $ 1761 may occur, respectively. Wolf, who has 105 thousand followers on X, surprised everyone with his ETH analysis the other day. The crypto expert, who gives a target based on technical analysis, thinks that ETH can reach the $ 10,000 - $ 13,000 range in 2025. According to Wolf, the critical resistance in Ethereum is the $ 3700 - $ 4000 range. Breaking this region and retesting it later could start the journey to $ 13,000. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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