Police tell Bitcoin ATM firm to ‘go to hell,’ take scam victim’s cash from machine
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Hi everyone, I came across this discussion on Twitter around Ethereum’s scalability solutions. Adrian Brink from Namada has challenged its effectiveness and has expressed concerns about decentralization and scalability. Thought I’d summarize his thoughts here but if you wish to join the discussion, here’s a link of the exchange on CT. Ethereum has progressed from…
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Informal Systems Recently, Informal Systems, the most known and best security audit company from the Cosmos ecosystem announced their first fundraiser, among other things, they want to expand their business to the Ethereum ecosystem! https://twitter.com/informalinc/status/1666459200103251972 They use their own crafted tools to perform protocol specifications and security audits & formal methods: https://twitter.com/informalinc/status/1668317292214775810 Their expansions to…
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https://preview.redd.it/tt34bfl8y66b1.png?width=666&format=png&auto=webp&s=26ea317abf25bfb75e2e1233cf08b9554089848d Find the full blog post with all the tables and graphs here. Welcome to your monthly no-shill data dump: Here's the 4th monthly report for the 2023 Top Ten Experiment featuring BTC, ETH, BNB, XRP, BUSD, DOGE, ADA, MATIC, DOT, and LTC. SNAPSHOTS ALWAYS TAKEN ON FIRST OF THE MONTH (data below reflects…
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Bitcoin, the world’s largest crypto by market cap, is currently under pressure, as it broke the significant $25,000 mark in the last 24 hours. This development has spurred a sense of urgency among traders and market analysts who are bracing for a possible further dip in the value of Bitcoin (BTC). At the time of writing, BTC is trading at $24,872. The past week has been less than favorable for the cryptocurrency. The asset has plunged 4.2% in the past 24 hours, pushing its price to trade below $25,000. This downward trend has negatively impacted Bitcoin’s weekly performance, resulting in a 6% loss. Traders And Analysts Voice Concerns Several traders and analysts have shared their predictions for the leading cryptocurrency in response to its downturn. Notably, a trader identified as Bluntz conveyed that the critical test for Bitcoin would be to reclaim the $25,600 mark in the ensuing days. Related Reading: Bitcoin (BTC) Stored On Exchanges Plummets Amid Regulatory Uncertainties: Santiment In another corner, a trader called Rekt Capital raised concerns about a possible slide of Bitcoin’s price to lower $20,000. This prediction followed Bitcoin’s break below another weekly support level situated around $26,600. If Bitcoin faces rejection at this price point in the next few days, Rekt Capital posits that BTC will likely descend to the $20,000 level. Meanwhile, CryptoCon, another analyst, offered his perspective on the Bitcoin situation. In his tweet, CryptoCon pointed out an interesting correlation with the past, stating that Bitcoin found resistance at $31,000, which was also a key resistance level back in 2016. According to his analysis, not only did BTC meet rejection at this resistance level, but it also found support when the price broke below its current all-time high. Bitcoin Latest Price Action It is worth noting that Bitcoin has been in a notable bearish trend in the past week. The largest crypto asset by market capitalization has recorded a downward movement falling by more than 5% in the past 7 days. BTC has continued the downtrend over the past 24 hours, seeing a 4.2% loss. At the time of writing, BTC trades at $24,925 after moving slightly above $26,000 on Sunday. Bitcoin’s trading volume has spiked over the past 7 days from below $10 billion earlier this Monday to $14 billion in the past 24 hours, indicating massive trading activity, which could turn into a violent sell-off given its current price. However, the asset’s market capitalization has seen a more than $30 billion loss in the past 7 days. BTC’s market cap has plummeted from $518 billion last Thursday to $483 billion. Related Reading: Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown While the regulatory pressure on crypto has continued to intensify, it is important to note that these projections from these traders and market analysts offer a glimpse into the Bitcoin possible potential movements as the regulatory saga unfolds. Featured image from Unsplash, Chart from TradingView
So basically I did some calculations the other day, and even if the coins I am invested in make a x10 jump with the price, that still wouldn't be life changing money. What it would do is probably only open a way for me to make some serious money if I am lucky and smart…
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Hello, a few of my friends asked me about which features / tools they should include in a DAO ecosystem. Can you give me some suggestions to include? Right now we have a backlog of: ICO DeFi market website NFT Airdrop site A voting site similar to snapshot.org submitted by /u/batzuhan [link] …
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