CRYPTO DOLLARS 💰


Гео и язык канала: Эфиопия, Английский
Категория: Криптовалюты


Your one-stop shop for crypto and forex insights, analysis, and trading strategies. Join us for market updates, expert opinions, and community discussions.

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Гео и язык канала
Эфиопия, Английский
Категория
Криптовалюты
Статистика
Фильтр публикаций


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💸  $80K: Bitcoin’s Make-or-Break Moment 🚀
Top analyst "The Flow Horse" says Bitcoin’s fate hinges on its reaction at $80,000—hold above $67,500 to stay bullish!


⚒ Bitcoin mining difficulty hit a new all-time high, reaching 100 T!

Historically, increases in the network difficulty of the first cryptocurrency have been a leading indicator of BTC price growth. 🚀


Bitcoin Surpasses Meta in Market Cap

After a notable rise above $75,000, Bitcoin’s market cap has soared to $1.46 trillion, placing it above Meta in the global rankings and solidifying its position as a leading digital asset.
This shift has spurred renewed investor interest, particularly as the crypto market responds to U.S. election outcomes.
Analysts caution that while Bitcoin’s surge has strengthened its appeal, it may face corrections given the volatility and ongoing election uncertainties.

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Simon Gerovich, CEO of Metaplanet, reported a steady increase in the company's Bitcoin holdings per share since adopting the Bitcoin standard, highlighting the firm's commitment to boosting long-term shareholder value 📊


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US senators call for action against cryptocurrency mining in Iran

🇺🇸 Senators Elizabeth Warren and Angus King have sent a request to the Joe Biden administration for details on combating Iran's evasion of cryptocurrency 🔨mining sanctions. They are concerned that since 2019, when Iran legalized mining, the country has earned 💵 millions of dollars that go towards financing terrorism and circumventing sanctions.

Warren and King note that 🇮🇷 Iran is one of the world's leading producers of bitcoins and uses the digital asset to 🧺 launder money, which threatens national security. They point ➡️ to the Binance exchange, which has processed $8 billion worth of Iranian crypto transactions over four years.

✔️ The senators are asking for information on mining revenues in Iran from 2021, the connection between digital assets and the Iranian government, and steps to address national security threats by May 16.


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Peter Brandt, a senior chart analyst and founder of Factor Trading, who successfully predicted the plunge of Bitcoin in 2018, said that the ratio of Bitcoin to gold may rise by more than 400% by 2025


Matrixport: Bitcoin 📊➡️unexpectedly strengthened in September, and investors are optimistic about its potential. in October.


Danksharding vs. Proto-Danksharding

Danksharding and proto-danksharding are pivotal technologies in Ethereum’s roadmap to improve scalability, especially for layer-2 rollup solutions. Proto-danksharding, introduced in EIP-4844, is a stepping stone toward full danksharding and is set to debut in Ethereum’s Cancun-Deneb upgrade (Dencun) on March 13, 2024.

Danksharding focuses on optimizing Ethereum’s scalability, making rollups faster and cheaper. Proto-danksharding, as an intermediate step, lays the groundwork for these improvements.

By leveraging layer-2 solutions like rollups, Ethereum can scale up from 15 transactions per second to thousands, reducing fees and enhancing overall efficiency.

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📉The amount of BTC on centralized exchanges has been rapidly decreasing since the beginning of 2024.

Experts consider this a very bullish signal. 🐃

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✉️Telegram is a machine for cryptocurrency adoption

Crypto publication CoinDesk writes that Telegram and several independent developers have made great progress in attracting people to crypto, and the platform itself and TON have become a panacea for the crypto industry.

Analysts from CryptoQuant claim that Toncoin is currently one of the most popular blockchains, and the number of TON holders has increased 10 times this year.

Today it also became known that Binance added USDT support to the TON network.

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