What will Bitcoin look like in 10 years? - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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When the whole crypto industry stood frozen in the long crypto winter that followed the abrupt downfall of the then-prominent crypto exchange FTX, Zhao came forward with the IRI proposal, intending to raise at least $1 billion from industry giants to fund promising startups. In November 2022, Zhao shared a Twitter thread announcing Binance’s IRI project to help strong projects in liquidity crisis. Crypto traders are known for their commitment to staying ahead of the market curve. That said, traders are notably shifting their attention to Chainlink (LINK), Sei (SEI), Bitcoin Spark (BTCS), and Luna Classic (LUNC) ahead of Q4 2023.Will Luna Classic recover?Despite being down, Luna Classic (LUNC) is certainly not out. However, its resurgence will be contingent upon several factors, including the successful execution of a burn program, active backing from the community, and the speed of protocol advancements. An encouraging sign is Luna Classic's development team's anticipation of a substantial core upgrade, known as v2.2.0, which is poised to implement a range of enhancements to the blockchain infrastructure and aid in its strategic objective of reducing USTC and LUNC supply. Additionally, the community has passed two proposals to burn 800 million USTC linked to the Ozone protocol, underscoring a collaborative effort to rejuvenate Luna Classic. What is Chainlink?Chainlink is a decentralized oracle network that plays a crucial role in bridging the gap between smart contracts on the blockchain and real-world data sources. This innovative platform allows smart contracts to access external information, such as price feeds, weather data, and more, in a secure and reliable manner. Chainlink's robust network of nodes ensures the accuracy and integrity of data, making it a trusted solution for various decentralized applications (DApps).What is Sei?Sei is a Cosmos-based layer-1 blockchain seeking to transform digital asset trading by importing the speed and ease that most centralized exchanges offer and combining it with the security and decentralization of blockchain technology. Sei is asset and application-agnostic, meaning it offers access to thousands of tokens across different blockchain applications in its ecosystem. What is Bitcoin Spark?Bitcoin Spark is a new blockchain project that aims to pioneer the next generation of cryptocurrency. It draws inspiration from Satoshi Nakamoto and thus has some similarities with Bitcoin, such as having a capped supply of 21 million BTCS. However, Bitcoin Spark assures faster and cheaper transactions due to its short block time, high individual block transaction capacity, and massive number of nodes.Additionally, Bitcoin Spark primes itself as a scalable platform for diverse smart contracts and decentralized applications (DApps). It has a multi-layered architecture that includes a smart contract layer with multiple execution systems that allow for high-level and low-level programming languages, all reaching finality on the main network. The Bitcoin Spark network has passed multiple smart contract audits, showcasing the security and sustainability of its systems.Furthermore, Bitcoin Spark introduces a groundbreaking consensus mechanism known as the Proof-of-Process (PoP). The PoP non-linearly rewards users for confirming blocks and contributing their processing power to the network. The Bitcoin Spark native application will enable Windows, Linux, Mac OS, iOS, and Android users to participate in validation by permitting access to their device’s processing unit. The project’s development team has made sure that the application is safe, lightweight, and easy to use.By renting out the contributed power effectively to organizations or individuals in dire need of additional computational capacity but limited by resources, Bitcoin Spark helps validators bring income from what would have otherwise been idle processing power. Payments for the decentralized CPU/GPU rental will be made in BTCS, giving the crypto a unique real-world application. Moreover, Bitcoin Spark will have small, unobtrusive slots for ads on its blockchain explorer and application. The ads will be community-policied, and advertisers will also be required to pay with BTCS. This provides an exciting way for businesses to reach their target audience while bringing income to the network’s participants, as they will receive 50% of the revenue generated plus additional incentives for policing the ads.Notably, the Bitcoin Spark Initial Coin Offering (ICO) surpassed $1.4 million in investments just five weeks after it started, suggesting great demand in the market. The ICO is currently in Phase 6 out of 10, selling BTCS at $2.75 and offering an 8% bonus. BTCS will launch at $10, suggesting a 393% profit for Phase 6 investors.ConclusionWhile Chainlink (LINK), Sei (SEI), Bitcoin Spark (BTCS), and Luna Classic (LUNC) have found favor among crypto traders, it’s essential to do your own research before making any commitments.To get more information on Bitcoin Spark:Website: https://bitcoinspark.org/Buy BTCS: https://network.bitcoinspark.org/registerSEC Defers Bitcoin ETF Verdict Again, While Ripple (XRP) Stagnates and InQubeta (QUBE) Presale Pulls Significant Funds What will Bitcoin look like in 10 years?As for the HOT price action, the bullish altcoin has fallen inside a descending wedge pattern since it reached its all-time high in April 2021. The descending wedge is considered a bullish pattern, meaning it usually leads to breakouts. Ripple vs. SEC: Legal Battle Heats Up with Second Win

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Ethereum prices might be stagnant at spot rates, weaving around the $1,540 and $1,560 zone, looking at technical charts. However, amid this period of consolidation and holders worrying about Ethereum’s prospects, Kaiko notes that the coin’s open interest has been gradually rising since September 2023. The firm’s share price increased 3.29% to $7.54 on Oct. 4, according to Google Finance. Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5Moreover, the daily RSI is on the border of oversold territory and is just testing the long-term support line (blue circle), which it has already validated several times. The month’s positive end preceded a number of ether (ETH) futures ETFs that went live Monday. Yet despite initial optimism, those vehicles performed modestly out of the gate.

New and emerging methods “Recently, fraudsters posing as Binance sent text messages claiming that users must click the link in the message to verify their identity details before a deadline, otherwise their account would be deactivated.” 6 M'sian NFT marketplaces to explore if you want to get involved in the local sceneHe fears crypto companies might leave the business if they fail to raise new funds. Le said: Later in the thread, another veiled shot at critics. "It's especially galling because some competitors have internal trading desks that are an (open) secret, which specifically use confidential customer information to manipulate their own markets," Bankman-Fried wrote.

On Sunday, Kusama took to X social media platform to respond a question from a critic about “SHIB price not moving an inch”. Kusama stated that making the Shiba Inu price move takes a lot of “true work” and that “those who Bark the loudest aren't the ones working.” “We have 10 teams of incredible builders with big visions and over the last two and a half months, we’ve seen them just run at it very, very hard,” Sloss says, adding that he’s excited to “open the doors and let other people see what we’ve been seeing for the last few months.” iTrustCapital|The #1 Crypto IRA Retirement PlatformCHZ Price Chart 1 Month. Source: BeInCrypto About a month ago, on September 15, a total of 81 new wallets were created and began withdrawing LINK from Binance on September 18. These wallets have since withdrawn a total of 4.7 million LINK worth $31.58 million.

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