Hey Ethereum community! With the recent approval of the Ethereum ETF, we're expecting a surge in adoption and investment in the ETH ecosystem. But which altcoins built on Ethereum will benefit the most from this increased attention and capital influx? Let's discuss: Which ETH-based tokens will see the most significant growth? Will DeFi projects like…
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Most of the NFT’s I own are Vouchers that say I can redeem $1500 to $50000 worth of a Token of coin, these are most likely scam tokens or are scam tokens but how much are these scammers paying to send these NFT’s? When I check the transaction fees it looks like they’re paying around…
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Quilibrium is designed to keep your data private, verifiable, and safe from censorship. It ensures applications run smoothly without relying on big, centralized service providers. Unlike traditional blockchains that struggle with speed and security, Quilibrium uses a new structure called a hypergraph and advanced cryptographic techniques. This means it can handle more transactions securely and…
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Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo […]
Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top cryptocurrencies. Market dominance for SOL sits at 3.04%. Related Reading: Ethereum Eyes $4,000 Comeback Fueled By Bullish Buying Spree Analyst Bullish On Solana, Predicts Meteoric Rise Prominent crypto analyst Trader Tardigrade isn’t shying away from bold predictions. In a recent analysis, Tardigrade expressed a highly optimistic view of Solana’s future price trajectory. According to the analyst, SOL, currently trading at $170, has successfully broken free from its recent consolidation pattern, signifying a bullish charge towards a staggering $1,000 mark. Macro structure $SOL 🔥#Solana has broken out the 2nd triangle from the recent bottom and is heading to $1000 🚀 Have you heard about #socialfi on #Solana? Interesting that you can now share images to your friends through blockchain with private messages (wallet👛 to wallet👛)… pic.twitter.com/yoSnLK9dSs — Trader Tardigrade (@TATrader_Alan) May 23, 2024 Beyond price predictions, Tardigrade emphasized the exciting developments brewing within the Solana ecosystem. One such development is the rise of SocialFi applications, a new wave of social media platforms built on blockchain technology. While short-term price fluctuations saw a 4.50% decrease in the last 24 hours and a 1.30% decline over the past week, the overall outlook for SOL remains upbeat. Market observers are particularly enthusiastic about both the immediate and long-term prospects for the cryptocurrency. Ethereum ETF Approval Impact The recent green light for the highly anticipated Ethereum ETF is expected to have a ripple effect, positively impacting the entire altcoin market, including Solana. This market-wide bullish sentiment could propel SOL prices even higher. The Ethereum ETF’s approval not only signifies increased institutional trust in the cryptocurrency market but also paves the way for other blockchain projects to gain mainstream attention. As more investors become comfortable with cryptocurrency investments through regulated financial products, altcoins like Solana are poised to benefit from increased liquidity and wider adoption. Related Reading: Uniswap Shoots Past $10 On 15% Price Explosion – Here’s The Trigger At its all-time high of $259 on November 6, 2021, Solana reached its highest price; at its all-time low of $ 0.503701 on May 11, 2020, it recorded its lowest price. Since its ATH, the lowest price was $8.00. Since the previous cycle low, the highest SOL price was $207. Right now, there is optimistic emotion with the Solana price projection, and the Fear & Greed Index is showing 76 (Extreme Greed). Featured image from Chorlton Fireworks, chart from TradingView
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Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand.
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash. The following is an examination of today’s top six ASIC miners […]
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