Germany’s Deutsche Telekom plugs in as Polygon validator
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon.
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon.
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XRP is no stranger to volatility and the excitement it brings. However, when a prominent trader like DonAlt raises the possibility of the crypto reaching the elusive $1 mark, it piques the interest of investors and enthusiasts alike. The last time XRP saw such heights was back in November 2021, and since then, the digital asset has experienced a rollercoaster ride. Now, with DonAlt’s speculation, the question arises: could XRP be on the verge of a major breakthrough? Related Reading: Shiba Inu: What’s Stifling The Meme Coin From Entering A Bullish Market Phase? DonAlt’s Tweet Raises XRP Speculation Earlier today, prominent cryptocurrency trader and influencer, DonAlt, ignited speculation among his followers by tweeting, “Is $XRP finally going to $1?” This tweet has generated increased discussions and debates surrounding XRP’s future price movement, attracting the attention of traders and enthusiasts alike. Is $XRP finally going to $1? — DonAlt (@CryptoDonAlt) May 31, 2023 In recent developments, XRP, the native coin of Ripple, has been displaying promising signs, as evidenced by remarkable spikes in address activity observed over two consecutive days. This surge in address activity indicates a heightened level of interest and engagement with the cryptocurrency. Such an occurrence potentially signifies an upward trend for XRP, suggesting a possible decoupling from the broader altcoin market. Source: Coingecko According to data from CoinGecko, the current price of XRP stands at $0.505016. However, the past 24 hours witnessed a minor setback for the cryptocurrency, as it experienced a slump of 2.1%. BTCUSD falls back into the $26K region. Chart: TradingView.com Despite this temporary dip, XRP has demonstrated resilience and noteworthy performance over the last seven days, recording impressive gains of 12.0%. This positive trend indicates the potential for XRP to rebound and regain its value. Potential Implications For XRP’s Future As SEC Battle Nears Conclusion The long-awaited conclusion of the Securities and Exchange Commission (SEC) lawsuit against Ripple, the company behind XRP, appears to be just around the corner. Brad Garlinghouse, the CEO of Ripple, recently expressed his belief that the lawsuit will reach a resolution in “weeks, not months.” This news has generated significant excitement and anticipation among XRP holders and the broader cryptocurrency community. Related Reading: XRP Flows Strong With 13% Gain, Fueled By Bullish Market Indicators With the lawsuit’s conclusion looming, market observers and investors are eagerly awaiting the outcome and its potential impact on XRP’s price and market dynamics. The prevailing sentiment suggests that a favorable resolution for Ripple could serve as a catalyst for a surge in XRP’s value, potentially propelling it to new heights. Positive Market Sentiment And Investor Confidence The conclusion of the SEC lawsuit could also have broader implications for the market sentiment toward cryptocurrencies, particularly in relation to regulatory clarity. A favorable outcome for Ripple would signal a more positive regulatory environment for digital assets, potentially boosting investor confidence in the cryptocurrency market as a whole. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk) -Featured image from Pictorem.com
Epic Games is steaming ahead with plans to list NFT games on its store, while the second 3AC NFT auction on Sothesby’s is slated to take place this month.
Hackers have posted a fake Orbiter Finance claim link on their official discord. The link takes you to a clone of their official site, asking you to connect your wallet to claim $ORB. DO NOT CLICK ON ANY LINKS IN THEIR DISCORD The link has been active for over an hour before Orbiter Finance finally…
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The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector.
https://www.f2pool.com/miners Ultimately, the electricity fee is a critical factor that we must consider when engaging in cryptocurrency mining. It directly affects the economics and profitability of mining operations and requires careful analysis and planning to ensure sustainable and profitable mining activities. At the moment, many GPUs are not profitable as the price of RVN…
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The United-States-based cryptocurrency exchange is now seeking a UAE license and reportedly told local media there was “hostility and lack of clarity” on regulations in the U.S.
Takashi Kii, the Member of the House of Representatives for 10 Wards of Fukuoka indicated that he is pushing for regulation to protect copyright holders from being infringed on by AI.