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2024-05-03

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However, a few days before this notable news event, daily XRP transactions had declined to a yearly low. On October 7, the XRP ledger network processed 71,820 transactions. December 2022 was the last time XRP transactional activity dropped that low, as depicted in the Santiment chart below. MATIC’s price has wiped out previous gains from the early October rally, erasing the bullish momentum driven by the expectations of the protocol’s upgrades. How to trade crypto without fees?CoinGecko data shows that while the collection is below its all-time high floor price of around 7.1 ether (ETH), its floor price is just under 5 ETH today. Binance, OKX Restructure Business to Comply With UK’s FCA Financial Promotions Regime

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“If this protocol had a small on-chain footprint and encouraged responsible UTXO management, it might serve as harm reduction compared to existing protocols,” Rodarmor added.UTXOs represent the amount of cryptocurrency left in a wallet following a completed transaction, where the balance is used in subsequent transactions and is stored in the UTXO database.Bitcoin’s UTXO model plays a role in making Bitcoin an auditable and transparent ledger by preventing the double-spending problem.Rodarmor said other fungible token protocols on Bitcoin, such as Really Good for Bitcoin, Counterparty and Omni Layer, have problems of their own.Rodarmor’s problems with existing fungible token protocols on Bitcoin: Source: Casey RodarmorWhile Rodarmor admitted 99.9% of fungible tokens are filled with scams and memes, he believes the right fungible token protocol can add value to the Bitcoin network:“Creating a good fungible token protocol for Bitcoin might bring significant transaction fee revenue, developer mindshare, and users to Bitcoin.”Related: Ordinals still make up majority of Bitcoin txs despite price collapse In a Sept. 25 Twitter Spaces with The Ordinals Show co-host Trevor Owens, Rodarmor said he came up with the Runes idea last week and that he wasn’t sure whether he would pursue it any further.Shortly after the call, Owens floated offering $100,000 from the Bitcoin Frontier Fund to prospective developers who can get a Rune application up and running as a means to further Rodarmor’s proposal.Open $100k investment offer in upcoming @BTCFrontierFund accelerator for first team who can get a working (not terrible) Rune indexer, issuance and/or transfer app, up live and runningDon't make the tickers required to be unique, will be a shit showDM me. Serious offer. pic.twitter.com/6W0IwlhB9x— trevor.btc (@TO) September 26, 2023 Dogecoin has evolved far past its initial form as a joke by software developers Billy Markus and Jackson Palmer. Now, it has survived almost a decade in the cryptocurrency industry as one of its most prominent projects. Markus and Palmer may have departed from the project, but it still continues to thrive, and we can only guess which direction it takes from here on out. Crypto Voucher: Bitcoin Gift Card|Buy Bitcoin with credit card ...“Pudgy Penguins is at the forefront of transforming the toy industry, merging unique digital experiences with blockchain technology, like Ethereum and zkSync,” Netz said. The Process

A recent Protos report reveals a series of business relationships between San Diego-based Axos Bank and a string of characters who have found themselves subject to regulatory or prosecutorial ire. Source: TradingViewThe price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value since the beginning of the year, in contrast to many other major coins (e.g. BTC, ETH, XRP, SOL).However, October has historically been a very good month for SHIB, with the coin's surge of 822% in October 2021 showing just what it can potentially do towards the end of each calendar year.So if SHIB comes anywhere near replicating its performance from two years ago, it could end up entering November at a much higher level than it currently has now.Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?SHIB's indicators continue to suggest that the meme token remains very oversold, and that it has been since the middle of August.In particular, the chart below shows that SHIB's relative strength index (purple) has languished below 50 for nearly two months, with this indicator actually being below 40 for much of this time.Source: TradingViewSuch low levels signal heavy selling pressure, yet they also signal the possibility of a recovery rally, which becomes likelier with every passing week that SHIB's RSI struggles to clear 50 or 40.Likewise, the altcoin's 30-day moving average (yellow) has remained below its 200-day average (blue) since May, providing another very big sign that SHIB really should rebound soon.However, it's possible that the token hasn't quite bottomed out yet, seeing as how its support level (green) has been declining for more than a few weeks now.This decline indicates that few buyers are interested enough in SHIB to buy it when it falls to new lows, although SHIB supporters could argue that this is as much a sign of bearish market-wide sentiment as it may be of a lack of confidence in SHIB.Still, it's worrying that SHIB hasn't done much since August, yet again this potentially sets the stage for big gains in October.As noted above, October has been one of SHIB's best months, with even October 2022 seeing the coin rise by 10% in only 31 days.Of course, past performance is no guarantee of future performance, while it also needs to be remembered that SHIB's gains in October 2021 came when it was still a pretty low-cap coin, with much more growth potential than it has now.As such, SHIB supporters should perhaps not expect an 822% gain this time around, even if the token is due a rebound.New Alts With Strong FundamentalsWhile SHIB does look like it's due to rebound soon enough, it's not the only altcoin in the market with good potential right now, with several new presale coins also looking highly promising.Perhaps the most promising of all is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that launched its presale at the end of September and has already raised close to $900,000.Such a figure indicates that investors like what they see as far Bitcoin Minetrix's design and roadmap is concerned, with the platform offering users the ability to earn mined Bitcoin by staking the BTCMTX token.Specifically, Bitcoin Minetrix converts staked BTCMTX into tokenized mining credits, which can then be used to purchase hashpower on the Bitcoin blockchain.This enables users to indirectly mine BTC, with those who stake enough BTCMTX in line to receive freshly minted Bitcoin.Sweetening the deal further is the fact that holders can also earn new BTCMTX by staking the token, making it doubly profitable.It will have a total supply of 4 billion, with 1.4 billion being made available as part of the presale.Buyers can join this sale by going to the official Bitcoin Minetrix website, where BTCMTX currently costs $0.011.Each stage of the sale will increase this price a little further, with BTCMTX ending at $0.01190 by the tenth and final stage.And once this stage has closed, the token will list on exchanges, where it could make a big profit for early investors.Visit Bitcoin Minetrix NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling? Bookmap ㄧ Analyze & Trade Order Flow On Top Crypto ExchangesThe AR initiative, which first launched last year in Hong Kong, staged an activation over London Fashion Week at Selfridges earlier this month. Binance’s Ambitious $1 Billion Crypto Industry Recovery Initiative Has Failed: Bloomberg

A top analyst for the crypto analytics firm Glassnode believes Bitcoin (BTC) is gearing up for its next surge. Parties involved in an ownership transfer can use the blockchain to verify that one owns the property and the other has the money to buy it. Once a sale or transfer is complete, the blockchain will record the transaction. This method eliminates the hassle of manually submitting paperwork to update existing records as the blockchain does it in an instant. Also, the process cuts costs and time consumed and avoids inaccuracy that may be caused by human error. 125055 Bitcoin Wallet Images, Stock Photos & Vectors#CertiKSkynetAlert 🚨We are seeing an exit scam on @zkFlexFinanceETH:0x54855D3133669B7EF54A2c962F5f63fdb44bBaE9Which has dropped 100%The project's socials and sites have been deleted.0x84f90 has dumped tokens for a profit of ~$56kStay vigilant!https://t.co/m7xQb6DQO6 Blockworks reported in September that physical penguin plushy toys are hitting the shelves of Walmart locations ahead of the 2023 holiday season. Pudgy Penguins drew some $500,000 worth of sales in their first few days of being available on Amazon.


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