Category: Cryptocurrency News

I've just published a new deep-dive on u/MarinadeFinance and its role in the Solana ecosystem on my Substack. In this analysis, we unravel the potential growth trajectory of Solana and Avalanche LSDs, looking at how they could evolve as Ethereum has. Check out the article here 👉 https://pineanalytics.substack.com/p/dao-dynamics?utm_source=profile&utm_medium=reader2 Also, for those on Twitter, I've summarized…
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XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last week. This achievement is just one of many in Ripple’s recent journey in the spotlight. Ripple’s presence in the news lately owes to a landmark court decision in its favor. The United States Securities and Exchange Commission (SEC) had initially taken legal action against the firm, accusing it of selling unregistered securities. However, a federal judge in New York has recently declared that XRP is only security when sold directly to institutional investors under specific written contracts. And when the token was sold to retail investors on crypto exchanges, it is not deemed a security. This verdict led to major cryptocurrency exchanges relisting XRP, causing a subsequent surge in demand and trading volume. Related Reading: XRP Holdings On Bitrue Exchange Surges By 300% Ripple Through The Market Last week’s court decision catalyzed a rally for XRP, as its price experienced an approximate 65% increase. The relisting on various platforms, following the victory in court, ignited significant interest in the token and pushed trading volumes to new heights. #XRP has surpassed #BTC as the highest volume asset 👀 Since last week’s court ruling, 21% of all crypto trade volume has been for XRP. pic.twitter.com/OLdTQrk1kO — Kaiko (@KaikoData) July 17, 2023 However, it is worth noting that XRP has experienced a 20% drop in value after reaching its recent peak. Yet, this has not seemed to have put a damper on the market sentiment for XRP. The recent spike in weekly trading volume highlights the increased interest and activity surrounding the token. Over the past 7 days, XRP has seen a surge of 59.4% in both its market cap and price. XRP market capitalization has spiked from a cap low of $25 billion earlier last week to as high as over $39 billion as of today. In addition, the asset’s price has also moved from as low as $0.47 earlier last week to trade above the $0.74 mark at the time of writing. The token’s present value translates to an increase of nearly 3% for the digital asset in the past 24 hours. Bitcoin’s Stumble Bitcoin, on the other hand, appears to have hit a stumbling block. Despite multiple attempts, Bitcoin has struggled to push past the $30,000 mark. Although Bitcoin remains a leading actor in the cryptocurrency market, XRP’s recent surge in weekly trading volume has momentarily eclipsed Bitcoin’s longstanding volume dominance. Related Reading: BTC Price Analysis: Why Is Bitcoin Down Today? Over the past 24 hours, Bitcoin has surpassed and also slipped below the $30,000 mark. Particularly, the largest asset by market capitalization currently has a 24-hour high of $30,290 and a 24-hour low of $29,792. This price action has shown how the asset has thrived to break above the $30,000 resistance. Meanwhile, in the past few days, BTC’s market cap has seen a decline of over $30 billion. The asset’s market cap has plunged from $591 billion seen last Tuesday to a valuation of approximately $579 billion, as of today. Featured image from Unsplash, Chart from TradingView

This is regarding the post i made yesterday; you can see my vision-statement for my project there in the comments there : https://www.reddit.com/r/ethereum/comments/152cjmy/can_we_use_smart_contracts_to_remove_the_need_for/?utm_source=share&utm_medium=web2x&context=3 Basically since the app is targetted towards a common layman who has probably never even bought a crypto token let alone have a wallet himself/herself; I want to have native wallet in…
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Blockchain protocols can’t (and shouldn’t) ignore AI’s potential, but it’s important to implement it with caution and care.

Bitcoin returns to a tug-of-war over the $30,000 mark, with BTC price action costing RSI weeks of upside.

Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin Realized Cap Nears $400 Billion According to Data analytics firm Glassnode, Bitcoin’s Realized Cap is now inching closer to $400 billion, showing that new capital is continuously entering the market despite the year’s ups and downs.  Related Reading: Standard Chartered Raises Bitcoin Forecast To $120,000, Citing Miners’ Reduced Selling Bitcoin’s Realized Cap represents the total value of all BTC at the price they were last moved or transacted, indicating the cost basis of holders. When this metric rises, it reveals that BTC is being traded at progressively higher prices, which suggests an increase in demand. Glassnode reported that the increase in BTC’s realized cap signals the consistent influx of capital into the asset throughout the year 2023. This steady inflow represents a stable investment climate surrounding Bitcoin, despite its recent price fluctuations. Furthermore, Glassnode’s assessment of the ascending realized cap is indicative of a broader trend in the cryptocurrency market. The data analytics firms said, “It signals that coins are changing hands at higher prices on net,” – a phenomenon that underlines a rising demand for Bitcoin. It is worth noting that this recorded increasing demand for Bitcoin comes at a time the asset might have flashed a hope of bullish moves following the surge in Spot Bitcoin ETF filings and financial giants such as BlackRock embracing the largest asset by market cap. BTC Struggles To Push Past $30,000 Meanwhile, as Bitcoin realized’s cap is approaching $400 billion, the asset has struggled to make a significant move above the $30,000 mark. Over the past 24 hours alone, the BTC price has traded both below and above the $30,000 mark, suggesting a level of consolidation at this point. Particularly, the asset currently has a 24-hour high of $30,292 and a 24-hour low of $29,792, at the time of writing. However, regardless of that, BTC is currently down by only a slight dip of 1% in the last 24 hours with a trading price of $29,882.  This latest price action follows Bitcoin’s quick spike which was seen last week on July 13. This surge brought Bitcoin price to trade even above the $31,000 mark before briefly slipping below $30,000. Over the past few days, however, a total of more than $30 billion has been removed from the BTC market cap. Related Reading: Galaxy Digital Founder Anticipates BTC Price Surge Due To This Reason The asset’s market cap has plunged from a high of $614 billion seen on July 13 to $583 billion, as of today. Additionally, BTC trading volume has also declined in the past week indicating less trading activity. Featured image from iStock, Chart from TradingView

As a fee recipient of the block does my balance increase on a per transaction basis or on a per block? What I mean is let say transaction 0 of the block pays me 1 ETH in fees, can I spend that 1 ETH in transaction 1 of that same block? submitted by …
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There was two threads Twitter Data Scraped 53M Row Leaked Twitter.com Scrapped Data – 41M – 2020 leaked ​ ​ collectively it makes 94m account info leaked. does twitter give unlimited API requests for specific users? submitted by /u/OTwisTO [link] [comments]