Debunking the narratives about cryptocurrency and ... - cyptoranking.com

2024-05-07

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2 – Cartesi (CTSI) Enhanced security Debunking the narratives about cryptocurrency and ...Another way to look for the cycle top is timing, whenever Bitcoin is in the period of topping for let’s say the 16-year cycle and we break below a swing-low, chances increase that a cycle top is in. This would then be invalidated by breaking back above that specific level, to re-claim this level. To view the period of a potential cycle top, one can have a look at the Bitcoin cycles progression bars. Once the yellow dot enters the red zone, it means that based on that specific cycle we are in the topping period. Again, it is important to mention that cycles can help to give a rough estimate of potential outcomes, they often don’t unfold very accurately and there is room Jeff Feng, co-founder of Sei Labs, said that while a rate hike could signify an environment where risk-taking is discouraged, crypto markets are influenced by many factors beyond just central bank policies.

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Ecosystem currencies are specifically created for specialized blockchain systems functions. While retaining the purpose of payment currencies, ecosystem currencies are necessary for various use cases beyond the facilitation of P2P transactions. In recent months, more specifically since July, the trend of NFTs acting as crypto wallets, also known as ‘token bound accounts’, has landed on Polygon’s blockchain in significant numbers. Cryptocurrency: Thoughts on the MarketValeVerse: the new Valentino Rossi metaverse on The Sandbox Where Are the Binance Rescue Funds?

Its design was directly inspired by iconic New York City blowup rats, which often anchor protests against landlords. In this instance, Saiers added crypto code across the rodent’s body and Bitcoin (BTC) signs in its eyes. Source: AdobeStock / Mahoa CreativeGoogle Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators.In a Sept 29 announcement, the tech giant will become one of the 100+ validators that helps secure the blockchain leveraging Google's reputation for security services in several areas. Per the official release Polygon will utilize the same infrastructure used to power Gmail and YouTube increasing user confidence as the Ethereum layer 2 battle thickens. “The same infrastructure used to power @YouTube and @gmail is now helping to secure the fast, low-cost, Ethereum-for-all Polygon protocol.”The announcement was confirmed by Google Cloud Singapore’s official account with a tweet that reads, “We are now serving as a validator on the Polygon PoS network, contributing to the network's collective security, governance, and decentralization alongside 100+ other validators.” Google Cloud serving as a validator will take part in the network’s governance role, operate nodes, and stake MATIC. Google strategic web3 collaboration This move is part of Google’s wider plans for the blockchain ecosystem as it continues to roll out key partnerships in recent months.In April, Google announced offering cloud services for Polygon’s zkEVM scaling solution, support for app chains, and a $200,000 Google Cloud credit funding for Polygon-backed startup.It was explained that the cloud service provider will offer node engines and deploy one-click deployment of nodes. “Google Cloud will help accelerate the adoption of core Polygon protocols w/ enterprise infrastructure & tools.” Polygon is not the sole beneficiary of Google’s foray into distributed ledger technology (DLT) with the company kicking off deals with Tezos, Solana, Ronin Network, etc.Last week, the company expanded blockchain services on its BigQuery adding 11 new networks in addition to Bitcoin, Bitcoin Cash, Ethereum Classic, etc. According to the company, the move will give developers faster access to public data across multiple chains as they begin building decentralized applications (dApps) and creating smart contracts. “We’re doing this because blockchain foundations, Web3 analytics firms, partners, developers, and customers tell us they want a more comprehensive view across the crypto landscape, and to be able to query more chains. They want to answer complex questions and verify subjective claims,” the statement reads. Polygon efforts at scalability With recent competition and upgrades in the market, including the Ethereum ecosystem with the launch of Holesky testnet to make the platform more scalable, Polygon offered more services to build user adoption.Polygon 2.0 stands out as a major attempt at scalability following claims of creating the value layer of the internet. It was built to support multiple chains, aiding cross-chain transactions and liquidity without jeopardizing network security and scalability.“Polygon 2.0 is a network of ZK-powered L2 chains, unified via a novel cross-chain coordination protocol. For a user, the entire network will feel like using a single chain.''Crypto Custody Firm Komainu Receives Custodial Approval from UK's FCA How do I buy and sell Cryptocurrency?FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial How can blockchain build upon eSports?

XRP Transaction Count refers to the total number of transactions conducted on the XRP Ledger within a specific timeframe. A decline in transaction count might suggest reduced network usage or bearish changes in market dynamics. APE investors are struggling as the token’s price now stands at $1.03 after reaching an all-time high of $39.40. CoinDCX Pro: Crypto Trading-Apps on Google PlayThe cloud computing sector has expanded rapidly in recent years, with businesses and organizations all over the world relying on cloud services for a variety of purposes. Amazon Web Services (AWS), Amazon.com's cloud computing branch, has long been a strong participant in this market. However, as AWS's market share grows, concerns have been raised about whether its dominance limits the competitive playing field for other cloud service providers. STRAX rose 16% after Binance's announcement.

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