Category: AI

EconomistAlexKrügerhasraisedeyebrowswithhisrecentcommentaryonEthereum’s(ETH)lacklusterperformance,suggestingthatcryptocurrencyenthusiastsshouldturntheirattentiontootherdigitalassets.InapostonsocialmediaplatformX,KrügerhighlightedtherapidvalueincreaseofSolana(SOL),Ethereum’skeycompetitor,whichhedescribedasexperiencing“escapevelocity.”Hisremarkshavetriggereddiscussionsamongthecryptocommunityaboutthebenefitsofdiversifyingintoalternativecryptocurrencies. Contents 1WhyShouldInvestorsReconsiderEthereum? 2IsSolanaSettoSurpassEthereum? WhyShouldInvestorsReconsiderEthereum? KrügerboldlycriticizedEthereum,advisingpotentialinvestorstoabandontheirpositionsinETH.Hestated,“It’stimetostopinvestinginETH,”andencouragedindividualstoseekoutothercryptocurrenciesthatmayyieldhigherreturns.Thisperspectivesignalsashiftinsentiment,asmanyinvestorsweightheiroptionsbeyondEthereum. IsSolanaSettoSurpassEthereum? WithSolana’simpressivegrowth,especiallyduringtherecentmemecoinsurge,KrügerbelievesitmaysoonoutpaceEthereumanditslayer-2solutions.HenotedaconsistentdownwardmovementintheETH/BTCchart,illustratingatrendwhereon-chainactivitiesareincreasinglyleavingEthereuminthedust. KrügersuggestsEthereum’spotentialtobecomeadeflationaryassetmaybehinderedbycurrentmarketconditions. HeexpressedopennesstoinvestinginaltcoinsiffavorablepoliticaldevelopmentsariseintheU.S. Hiscommentshighlighttheneedforinvestorstorethinktheirstrategiesamidstachangingcryptolandscape. Asthecryptocurrencymarketcontinuestoevolve,Krüger’sinsightsserveasacriticalreminderforinvestors.Adaptinginvestmentstrategiesandexploringemergingalternativescouldbeessentialfornavigatingthefutureofdigitalassets. en.bitcoinhaber.net

Bitcoin’slongestpricerangesince2016suggestsapotentialbreakoutasearlyasyear-end. AnalystsaresplitonBitcoin’sabilitytoreach$90,000–$100,000aftermonthsofpricestability. FactorssuchasinflationconcernsandregulatoryshiftscoulddriveBitcoin’snextmove. ItappearsthatBitcoinhasmaintainedafairlycleartradingrangeforeightmonths,whichisthelongestperiodofvolatilityinthecryptocurrencysince2016and2020.Thisstabilityespeciallywhenbenchmarkedtotheunpredictablenatureofotherrelatedmarketshasseenmanyobserversconcludethatabreakoutisinevitable.Consideringsomepredictionsoftheindoorturnoverreaching$90000-$100000bytheendoftheyear,investorswaitforsomechanges. APeriodofUnusualStabilitywithFactorsDrivingaBreakout ThecurrentstateofBitcoindoesnotpresentthenormalpriceoscillation,despitebeingafteraseriesofeventsintheyear2023thatbasicallyupsetthecryptocurrenciesmarket.Yet,thesefactorsparalyzedBitcoin’srange-boundpatternwhichcontinuedtoestablishthebaseforpricestabilizationandturningtheheadsofvolatileinvestors.Asisoftenthecase,suchconsolidationtrendshavebeenrecognizedtoprecedelargertrends–suchasthoseseenin2016and2020. The#Bitcoinrangehasbeenstayinginplaceforeightmonths. Thelongestconsolidationperiodsince2016&2020. Ithinkwe’llbreakoutinthenext2weeks&see#Bitcoinat$90,000-100,000aroundNYE. —MichaëlvandePoppe(@CryptoMichNL)October27,2024 Developedfromcoreconcernsofrecentinflationratesandinternationaleconomicunpredictability,moderninvestorsareturningtoinvestmentopportunities,whereBitcoinisconsideredasahedgeassetmoreandmoreoften. Furthermore,expectedregulatoryimprovementsindifferentcountriesandregionshavebroughtnewattentiontodigitalassets.TheseinfluencesmayofferanattractiveenvironmentforBitcoin’santicipatedcontinuedappreciationunderbroadlyfavorablemarketconditions. The$90,000Target:RealisticorAmbitious? However,whilesomeanalystsextendthevisionandexpectbitcointoreach$90,000-$100,000bytheendoftheyear,therearedoubtsaboutthepossibilityofachievingsuchresults.Analystsonthesideoftheconsolidationbelievethatthepastprecedentsjustifyasteeppriceincreaseaftertheconsolidationprocess.Critics,ontheotherhand,arequicktonotethattheglobaleconomicenvironmentandchangesinregulationscouldagainproveathornintheflesh,thatwemightstillseeabreakout,orthatincasewedo,theactualmoveupcouldbestrictlylimited. AsBitcoinisapproachingsuchapotentialbreakoutperiod,moreinvestorsfocusonmarketsignals.Givenpriorpriceactivity,bothfreshandexperiencedinvestorsgearupforwhatcouldpotentiallybeoneofthecryptocurrency’smostimportantmoments. cryptonewsland.com

VeChain(VET)hasseenrecentpricefluctuations.Analystsexpectthetokentoshowapositivetrajectorytowardstheendoftheyear2024andonwards. Lookingatit,itscurrentpriceVETistradingat$0.002178inthelast24hours.Thepriceappearstobeconsolidatinginarangebetween$0.02100and$0.02200. Analystshavepredictedaminimumvalueof$0.0252forNovemberandDecember2024,maintainingconfidenceinthemarket’supwardpotential. Accordingtothecurrentmarketbehavior,itisaccumulatinginawaythatcaneventuallyprovideafoundationforpricegrowth. VETPriceForecastforNovemberandDecember2024 Accordingtomarketexperts,thepriceofVeChainwillhaveastabletradingrangeinNovemberandDecember2024. Forthesemonths,analystsprojecttheminimumandmaximumpricetobe$0.0252withalmostnovariationsfromthisvalue.Despitemarketvolatility,theaveragetradingpriceforthisperiodisexpectedtostabilizearound$0.0252. AnalystsSeeLong-TermGrowthPotentialforVeChainin2025 AnalystsexpectVeChain’spricetotakeoffin2025thankstothepositivedevelopmentsinsidetheproject. ForecastssuggestthatVETmighthitaminimumpriceof$0.0353andamaximumpriceof$0.0425in2025.Theaveragetradingpricefortheyeariscloseto$0.0363. CryptoanalystRichBitLordhighlightedtheresilienceofVeChain’smarketstructure,stating, Dear#VeChaininvestors,wearestillwithintheupwardchannel,andminorcorrectionsarejustnaturalfluctuations.Thelong-termtrendremainsbullish,withkeysupportintact.Staycalm,themarketisaccumulatingstrength.#crypto#VET#analysispic.twitter.com/cEmRwkZo2L —CryptoExpertise(@RichBitLord)October23,2024 Long-TermPriceProjections:2026to2030 Accordingtopredictions,VeChainwillcontinuetoriseuntil2026,withtheminimumpricebeing$0.0508.Apotentialmaximumpricefortheyearis$0.0611withanaveragetradingpriceof$0.0523. ThecurrentgrowthtrajectoryisanindicationofthegrowinginterestinVeChain’sblockchainsolutionsanditsstrategicpositioninginthemarket.AnalystspredictthatVeChainwillreachamaximumpriceof$0.0882withaminimumpricevalueof$0.0761around2027. In2027,theaveragetradingvolumewillhit$0.0782.Adoptionandconfidenceinthemarketwillcontinuetoriseinthefuture.The2030forecastindicateslargepotentialgrowth,whereitmaytradebetween$0.2434and$0.2809. Inaddition,anestimatedaveragepricefortheyearissetataround$0.2517.AsVeChainusecasesexpandanditsmarketpresencebecomesstronger,thislong-termpredictionsuggeststhatVeChain’svalueshouldincrease LatestDevelopmentsExplainPriceOutlook TechnologicaladvancementsandstrategicmovesbolsterthepositiveoutlookforVeChain’sprice.VeChainhasenhancedthefeaturesofitsblockchainecosystembyacquiringtheUSpatentforitsplatformandreleasingthedecentralizedidentitysolutionVegPassport.Asfornow,analystsarekeepinganeyeon$0.02100support. thecoinrepublic.com

ShibaInu’sdecentralizedexchange,ShibaSwap,hasunveileditsnewversion,ShibaSwap2.0,whichhasgoneliveonthemainnetwork. ThelaunchwasrevealedontheofficialShibaSwapaccountonXtogiveitsusersbettertoolsandenhancedtradingoptions.Theupgradealsointroducessomenewfeatureslikeconcentratedliquiditypools,smartswaps,andpair-levelanalytics. ShibaSwapjustgotaMajorUpgrade!🔥 Control,betterrewards,andsmartertoolstoenhanceyourexperienceandempoweryou. Tryitnow!👇https://t.co/u0iqxoCMQF —ShibaSwapDEX(@ShibaSwapDEX)October25,2024 Theseupgradesaremeanttoincreasetheplatform’seffectivenessaswellasrewardsfortheusers.Theteampointedoutthatthenewplatformcomeswithasmoothonboardingmechanism.Thiswayexistingliquiditypoolscanbesmoothlytransitionedtothenewplatform. IncreasedActivityAmongSHIBWhales Postthelaunch,ShibaInuhasobservedanincreaseinthetransactionsizeoflargeinvestors.AccordingtoIntoTheBlockanalyticsplatform,2.23trillionSHIBwastradedwithinthelast24hours. Ithasavalueofaround$36.81millionwhichrepresentsa60.73%rise.Thisincreasedactivitymaymeanthatmajorinvestors,orwhales,areadjustingtheirpositionsinlightofthenewShibaSwap2.0andotherchangesinthemarket. However,thetradingvolumedoesnotreflectpositivelyonthepriceofShibaInuasitfellby4.83%inthelast24hoursto$0.00001689.ThisisinlinewiththegeneralfluctuationsinthecrytocurrencymarketposttheTetherallegedinvestigation. NewFeaturesAimtoAttractUsers Concentratedliquiditypoolsenableuserstoprovideliquiditywithincertainpriceregimes.Thiscanmeanhigherreturnsandmoreflexibility. ItalsooffersasmartswapmechanismthroughwhichuserscanswitchbetweenV1andV2poolsinordertogetthebestswaprates.Anothersignificantimprovementisthepair-levelanalytics. ItshowsinformationabouttheTVL,tradingfees,anddailyvolumesforeachpairtohelpusersmakeinformeddecisions.Additionally,ShibaSwap2.0hasabetterrewardsprogramaswell. Thefeatureallowsuserstoclaimrewardsdependingontheircontributiontoliquiditypoolwithouthavingtowithdrawtheirfundsthusmakingtheprocesseasier.Seamlessmigrationalsoenablesotherliquidityproviderstoswitchtheirpositionswithoutmuchstrugglethuspromotingparticipationandusabilityontheplatform. SHIBPriceTrendsandMarketSentiment Despitethenewplatform’slaunch,SHIB’spriceremainsunderpressure.On-chainanalyticsfirmSantimentnotedariseinbearishsentimentamongShibaInuinvestors.TheplatformobservedthatSHIBhasfacedlargesell-offs,influencedbybroadermarketcorrectionsledbyBitcoin’srecentpricemovements. However,Santimentsuggestedthatthisnegativesentimentcouldcreatebuyingopportunities,asmarketsoftenmovecontrarytothecrowd’sexpectations.ThefirmhighlightedthatSHIBandothermajorcryptocurrenciesmightseeapricereboundifinvestorscapitalizeonthecurrentdip. Source:X ShibaInu’sfundamentalsalsohintatapossiblerecovery.TheSHIBburnratehassignificantlyincreased,with2.6millionSHIBtokensburnedinthepast24hours.Shibarium,ShibaInu’slayer-2blockchain,reportedasurgeindailytransactions. Itreached4.77milliononOctober24,thehighestthisyear.Increasednetworkactivity,combinedwiththerisingburnrate,couldsignalpositivemomentumforSHIB’spriceinthenearterm. Despitetherecentpricedecline,theShibaInucommunityremainshopeful.AstatementfromLUCIE,ShibaInu’smarketinglead,urgedthecommunitytoremainpatient,hintingatfuturedevelopmentswithintheecosystem. TheSHIBArmy,astheproject’ssupportersareknown,continuestomonitortheplatform’sprogress.TheincreasingadoptionofShibariumcoulddrivedemandandboostSHIB’svalue. thecoinrepublic.com

LayerZero,StarkNet,andZkSyncofferuniqueairdropopportunitiesbyparticipatingincross-chainactivitiesandLayer-2scalingsolutions. BestWalletandRhino.fiairdropsrewardusersforcompletingquestsandinteractingwithDeFi,boostingyourcryptoearnings. Participateinswaps,staking,andfarmingtoqualifyforupcomingairdropsfromLayerZero,StarkNet,ZkSync,BestWallet,andRhino.fiin2024. TheLayerZero,StarkNet,ZkSync,BestWallet,andRhino.fiwillsoondroptheirtokenswiththeirairdrops.Fromcross-chaincommunicationandLayer-2scalingsolutionstoDeFiadventures,theseprojectsopentoomanypossibilitiestoearncryptobysimplyenjoyingtheirecosystem:swap,stake,farm,orjustcompletefuntasksanddonotloseachancetosecureyourshareoftheseairdropsboostingyourcryptoin2024. UnlockLayerZero:SeamlessCross-ChainCommunicationforAirdropRewards LayerZeroisintendedtobeacommunicationlayerallowingforcoordinationbetweenseveralblockchains.Thisprojectformsthebaseforotherdecentralizedapplications(dApps)tooperateefficientlyindifferentblockchains.InDecember2023,LayerZeroplanstodistributetokenssometimeinthefirsthalfofnextyear.Tobeeligibleforthisairdrop,participantsmustsendtokenstotheLayerZeronetworkanduseLayerZero-enableddAppsforthingslikefarming,swapping,staking,andvoting. ClaimYourShareinStarkNet’s$1.8BillionAirdrop–Don’tMissOut! StarkNetisanL2scalingsolutionbuiltonEthereumthatfunctionsasafullydecentralized,permissionlessvalidityrollup,alsoknownasaZK-rollup.Moreso,StarkNethasrecentlyannouncedits$1.8billion$STRKairdrop.Whetherthesnapshotofeligibleparticipantshasalreadybeentaken,userscanmaximizetheirchancesinthefollowingways:CreateaStarkNetwallet,moveLayer-1EVMtokenstoStarkNet,engageindecentralizedexchanges,andperformliquidityfarmingontheStarkNetnetwork. BoostYourCryptoPortfoliowithZkSync’sLightning-FastLayer-2Airdrop Ethereum’slayer-2scaler,ZkSync,alsoincreasestransactionspeedsanddecreasesgasfeeswithzero-knowledgeproofs.Thus,tobeeligiblefortheexpectedZkSyncairdrop,onemustuseZkSync’sservicesorsimplyinteractwithitsecosystem.ThisisduetoconnectingwalletstotheZkSyncmainnet,transitioningLayer-1tokenstothenetwork,mintingNFTsontheplatform,andofferingliquidityinDEXs. EarnPassiveRewardswithBestWallet’sFunandEngagingAirdropQuests BestWalletisanon-custodial,supportingover60blockchains.Itrecentlylaunchedanairdropforitsnative$BESTtokens.Userscanearntokensbycompletingdailyandseasonalquests,suchasperformingsocialmediatasksandreferringnewusers.Themorequestsuserscomplete,themore$BESTtokenstheycanaccumulate,offeringafunandengagingwaytoearnpassivecryptorewards. Rhino.fi’sDeFiAdventure:EarnXPandGemsforBigAirdropRewards Rhino.fiisaDeFiplatformthatsupportscross-chaintransactionsacross27blockchainnetworks.Theplatform’sairdropispartofRhinoNation’sXPcampaign,whereparticipantsearnR-XP(RhinoExperiencePoints)andgemsbyjoiningtheinitiative.Usersmustconnecttheirwallet,mintaRhinoNationPassport,andcompletechallengestoqualify.ThesegemscanbeusedtoenhanceDeFiactivities,providingarewardingexperienceforcryptoenthusiasts. cryptonewsland.com

GOATpricehasbeenridingastronguptrend,recentlyreachinganewall-timehigh.Thisrapidascent,however,mightfaceturbulence,asthecoinsawasharp24%dip,raisingconcernsaboutapotentialdrawdown. Therecentpricedrophasinvestorsquestioningwhetherthebullishmomentumcanbesustainedorifadeeperdeclineliesahead. GOATIsLosingGround InvestorsentimentsurroundingGOATisshiftingfromoptimismtocaution.Indicatorsofbearishsentimenthaveemerged,withSantimentdatashowingspikesbelowtheneutralline,signalingadipinconfidence.Thisshiftreflectstheuncertaintyamonginvestorswhohadbeenbankingoncontinuedgrowth. Uncertaintyoftenfuelsvolatility,particularlyinmemecoinmarkets.AsGOAT’srecentpricedroperodesconfidence,tradersmaybecomemoreinclinedtoexitpositionstoavoidfurtherlosses.Thisheightenedcautioncouldtriggeranegativefeedbackloop,placingadditionalpressureonthecoin’sprice. GoatseusMaximusSentiment.Source:Santiment GOAT’smacromomentumalsoshowssignsofweakening,primarilyreflectedinthecoin’sfundingrate.Althoughthefundingrateremainspositive,ithasbeengraduallydeclining,anindicatorthatsometradersarehedgingtheirpositionsbyopeningshortcontracts.Risingopeninterest(OI)pairedwithadroppingfundingratesuggeststradersarebeginningtoanticipateapotentialpricefall. Shortcontractsallowtraderstoprofitfromdecliningprices,addinganelementofbearishexpectationtoGOAT’soutlook.Asmoreshortpositionsareopened,downwardpressureonGOAT’spricecouldintensify,potentiallyacceleratinganyongoingdowntrend. GoatseusMaximusFundingRate.Source:Coinglass GOATPricePrediction:BearingtheBruntofaDrop GOATrecentlysawa24%dipfromyesterday’sintradayhigh,fallingshortofitsefforttoestablishanewall-timehigh(ATH).Thisdeclineraisesconcernsaboutwhetherthememecoin’sbullishruncanbesustainedorifacontinueddrawdownmightfollow. Ifthedowntrendpersists,GOATisatriskofbreachingthe$0.64supportlevel.Adipbelowthisthresholdcouldopenthepathto$0.46,amplifyinginvestorlossesandweakeningshort-termmarketsentiment.Suchadropwouldsignalashifttowardbearishcontrol,possiblyspurringfurtherselling. GOATPriceAnalysis.Source:TradingView However,ifthe$0.64supportholdsfirm,GOATcouldhaveachancetorecover.Stabilityatthislevelwouldkeephopesaliveforarebound,givingthecoinanothershotatsurpassingitscurrentATHof$0.90. beincrypto.com

TetherCEOPaoloArdoinohasdisclosedthatthecompanyholdsmorethan82,000Bitcoinand48tonnesofgoldinitsreserves.ArdoinodisclosedthisonXwhileclarifyingcommentsaboutTetherUSDTreserves. ThiswasinresponsetohisearlierstatementattheLuganoPlanBEventwhendiscussingTetherproducts.Accordingtohim,thecompanyalsohasover$100billioninUSTreasuriesbackingtheUSDTstablecoin.Thus,allitsUSDTisfullybacked. Hesaid: “SinceIseealotofconfusioninthisthread,letmeclarifythat:–Tetherhas~100BinUStreasuries.Plusithas82k+BTCand48T+ofgold.” Ardoinocommentshaveattractedpositivecommentsfromthecryptocommunity,withsomenotingthediversificationofTetherreserves.SomeobservedthatTetherhavinggoldtobackUSDTisverygood,whichmeansUSDTisgold-backed.Intheiropinion,thismakesitevenbetterthantheactualUSdollar,whichstoppedthegoldbackinginthe1970s. Meanwhile,otherusersaremorecuriousaboutthefullstateofTetherreserves,particularlyhowitcustodiesthegoldandwhethertheyareaudited.OneuseronXquestionedwhetherthegoldinTetherreservesisactualgoldbullionorderivativessuchasexchange-tradedfunds(ETFs)andoptions. CryptomarketsrecoveringfromFUDaboutTether ThepublicdisclosureofhowTetherbacksitsUSDTstablecoinappearsconnectedtotherecentclaimsbytheWallStreetJournalthatthecompanyisunderinvestigationbytheUSDepartmentofJustice.AlthoughTetherimmediatelymovedtodismissthenews,whichittermedasmerespeculationand“regurgitatingoldnoise,”itwasenoughtocauseareactioninthemarket. Ardoinohassincetriedtoquellthefears,uncertainty,anddoubts(FUD),notingthatTethercollaborateswithlawenforcementglobally,includingintheUS,totacklecrimes.Therefore,thecompanywouldhaveinformationaboutaninvestigationagainstit. Hesaid: “Wewouldknowifwearebeinginvestigatedasthearticlefalselyclaimed.Basedonthat,wecanconfirmthattheallegationsinthearticleareunequivocallyfalse.” ThisisnotthefirsttimethestabilityofUSDThasbeenquestioned,andeachtime,ithasraisedbroaderconcernsinthemarket.USDToccupiesanimportantpositioninthecryptomarket,withamarketcapof$120billion,anditisusedformostcryptotransactions.PerdatafromCoinMarketCap,USDThadatradingvolumeof$32billioninthelast24hours,morethananyothercryptoasset,highlightingitsimportancewithinthecryptoecosystem. ThisimportancemeansanynewsquestioningUSDTstabilityalwayshasanegativeimpactonthemarket.However,themarketappearstohaverecoveredfromtheFUDthatfollowedthenews.Bitcoinvaluehasincreasedslightly,andtotalopeninterestincryptoproductshasincreasedbymorethan1%,accordingtoCoinGlass.Still,futuresvolumeisdown43%inthepast24hours. TetherteasesLocalAIDevelopmentKit Meanwhile,Tethercontinuesitsgradualdiversificationeffortstoexpanditsbusinessbeyondstablecoinissuance.ThecompanyrecentlyprevieweditsLocalAIdevelopmentkitforwritinganddeployingartificialintelligencesystemsonvariousdevices. Ardoino,whounveiledtheproduct,claimsitisprivacy-focusedandusespeer-to-peertechnologytoenabledeveloperstowritecodesonalldevices,frommobilephonestohigh-endcomputingsystemspoweredbyH100chips.AccordingtoArdoino,theSDKsupportsmultipleAImodels,includingLlamaandMarian,enablingitsuseforseveralpurposes. Ardoinosaid: “Tether’sAISDKisextremelymodular,itusessupportsanymodel(Marian,Llama,…)andloads/storesweightsandfine-tuningdatainP2Pdatastructures.” TheTetherAISDKhasnotbeenlaunched,butasArdoinonoted,itwillbemadeopen-sourceoncethecompanyhasfullytestedandascertainedthatitisreadyforpubliclaunch. cryptopolitan.com Similarnews(1) Addsimilarnews TetherBoostsReservesWithOver82,000BTCforUSDTStability beincrypto.com 54m Addsimilarnews Sendusalinktoasimilarnewsstoryonanothersource. Link Whydoweneedit Thecitationrateofanewsitemindicatesitsimportanceandsignificance.Thenumberofmentionsindifferentsourcesallowsyoutolookataneventfromdifferentangles.…

MogCoinsetsitselfapartthroughacommunity-drivenfocusonhumorandviralcontent,attractingmemeenthusiastsglobally. Chainlinkenhancessmartcontractsbyprovidingsecureaccesstoexternaldata,crucialfortheireffectivedeploymentinvariousapplications. Conflux’sTree-Graphconsensusmechanismenablesrapid,low-costtransactions,positioningitasastrongcompetitorintheblockchainlandscape. Asthelandscapeofcryptocurrenciescontinuestoevolve,afewtokensdonotonlyshinetechnologicallybutarealsoculturallysignificant.ThetwomajorcoinsareShibaInu(SHIB)andtherecentlymintedmemecoin,calledMogCoin(MOG).MOGaimsforirreverenceandtodisruptthecryptospace,mainlyrelyingonhumorandcontentthatgoesviral.Thegoaloftheprojectistomakeagreatcommunityofmemerswhowillbeinterestedinmakinghighestqualitycontentthatwillentertainpeople. TheUniqueAppealofMogCoin(MOG) CurrentPrice:$0.000001885 Marketcap:$736.73 ThemainreasonthatdifferentiatesMOGfromothersimilarservicesisitsfocusonauthenticityandexclusivity.Moreover,theMOGcommunityfocusesontheloveformemesanddoesnotfollowtypicalcryptocurrencytrends.Themembershavereferredtothemselvesas‘memewarriors’,alwaysensuringpostingmaterialsthatmakeuserslaughandengagetheirrationalbrainssimultaneously.Itnotonlyprovidesfunbutalsohelpsitsusersfeelasiftheyareincludedintheuniquecommunity. Chainlink(LINK):ConnectingSmartContractsAndRealLifeData CurrentPrice:$11.23 Marketcap:$7.04B Chainlink(LINK)supportsstructureintheblockchainspace.Chainlinkservesasadecentralizedoracletohelpsmartcontractsinteract.Thiscapabilityiscrucialforimprovingsmartcontractsandexpandingthemasservicesthatcanaccessreal-worlddatasafelyandeffectively.Chainlinkisdecentralized,meaningitsparticipantscoveravastsegmentofthecommunity,increasingitscapacityforflexibilityinthevolatilecryptoecosystem. Conflux(CFX):PoweringWeb3.0Applications CurrentPrice:$0.1507 Marketcap:$682.83M Conflux(CFX)isanotherinnovativesolutionthathasbeendevelopedwithinthesphereofblockchain.Confluxhasbeenbuiltasapubliclayer-1,anditsgoalistohostdecentralizedapplicationsanddrivee-commerce.IthasaTree-Graphconsensusmechanismthatmakesitefficientandaffordabletoperformthetransactionandisalsofreefromcongestionofthenetworkwhichiscommoninmanyprotocols.Also,ConfluxcanintegratewiththeEthereumVirtualMachineallowingdeveloperstowriteusingthesametoolsandlanguagestheyusuallyusefordApps. Floki(FLOKI):ACryptocurrencybythePeople,forthePeople CurrentPrice:$0.0001423 Marketcap:$1.37B AltcoinslikeFloki(FLOKI)definetheneweraofcryptocurrenciesthatprioritizestheinterestsoftheglobalcommunity.FollowingtheexampleofElonMusk’sShibaInu,Flokiplanstodevelopasetofutilityprojects—anNFTgamingmetaverseandeducationalproducts.Theprojectissupportedbyanenthusiasticgroupofpeoplecalled“FlokiVikings,”whoareinterestedindevelopingthisproductandparticipatinginitsplatforms. cryptonewsland.com

RenzoProtocolhasrecentlyannouncedapartnershipwithCIANProtocol.AsperRenzo,thecollaborationreleasesezETHYieldLayerasanewforumofferingezETHholderstoimproveyieldgenerationwiththeinnovativecombinationofliquidityandlendingstrategies.Theplatformtooktosocialmediatoprovidethedetailsofthisendeavor. YieldLayerby@CIAN_protocoloffersezETHusersexposureto@aavelendingstrategieswiththebalanceofLPfeesfrom@Uniswap DepositsarecappedandwillincreasewithAAVE👇https://t.co/Bjd734cJvn —Renzo(@RenzoProtocol)October26,2024 RenzoProtocolCollaborateswithCIANProtocoltoUnveilezETHYieldLayertoEnableSubstantialReturns TheplatformdisclosedinarecentXpostthattheezETHYieldLayerpermitsRenzoconsumerstoearnsignificantreturns.ItreportedlyleveragesthelendingmechanismsofAaveapartfromUniswap’sliquidityproviderfees.Withthisdual-strategyapproach,thepartnershipdeliversastreamlinedbutefficientmethod.ThisletsusersexpandezETHyieldwithintheDeFiecosystem. TheezETHYieldLayerreportedlyprovidesreturnsbybringingezETHholdingpartiestothelendingmarketsofAave.There,consumerscanincreaseinterestamongthedepositorswhileleveragingthestabilityandsecurityofthelendingprotocolofAave.Inadditiontothis,byaddingtheLPfeesfromUniswap,theYieldLayerattractsasecondaryrevenuewavefromapopulardecentralizedexchange.Thus,itcreatesawell-adjustedyield-generationplanhavingbothoptimizationanddiversification. TheProjectOffersa12.8xMultiplierforthe$REZTokens AlongwiththeyieldpotentialoftheezETHYieldLayer,italsodeliversanoteworthyrewardstructureforusers.ItplacesezETHintothelayerthereoftoletparticipantsgeta12.8xmultiplierforthe$REZtokens.Thismultiplierencouragesactiveengagementandincentivizesearlyadopters,enhancingtheplatform’sappeal. blockchainreporter.net

Ethereumco-founderVitalikButerinrecentlyaddressedwhytheEthereumFoundation,thenon-profitsupportingtheblockchainnetwork,optstosellitsETHholdingsratherthanstakethem. Hiscommentsfollowincreasingcommunitycriticism,callingontheFoundationtomanageitsresourcesmoreresponsibly. WhytheEthereumFoundationDoesn’tStakeItsETH InanOctober27postonX,ButerinoutlinedtherationalebehindtheFoundation’sdecisiontoperiodicallysellETH.HenotedthatstakingcouldleadtheFoundationtotakean“officialstance”oncertainnetworkupgrades,particularlyduringcontentioushardforks—somethingitwantstoavoid. However,ButerinrevealedthattheFoundationisexploringothermethodstoengagewithstaking.TheseoptionsincludeissuinggrantsinstakedETH,whichwouldallowgrantrecipientstostaketheETH,controlwithdrawaltimelines,andkeeptherewards.AnotherpotentialapproachisdelegatingstakingresponsibilitiestomultipleorganizationstostakeontheFoundation’sbehalf. “Oneinterestingideaaroundthisthatisbeingconsideredisgivingsomegrantsintheformof‘youcanstakeourETH,youchoosehowaslongasit’sethical,andkeeptheupside,”Buterinstated. StakingisessentialtoEthereum’sproof-of-stake(PoS)mechanism,whereuserslockupETHtovalidatetransactionsandearnrewards.ManyinthecryptocommunityarguethatbystakingitsETH,theEthereumFoundationcouldfunditsoperationsthroughtheserewards,potentiallyreducingtheneedtoselloffassets. EthereumFoundationETHHoldings.Source:ScopeScan Recently,blockchainanalyticsplatformScopeScanreportedthattheFoundationhadsold4,066ETH,valuedat$11.24million,on-chainviathedecentralizedexchangeCoWSwapthisyear.ScopeScanalsocalculatedthat,withthecurrentannualstakingreturnof3.1%,theFoundation’s271,000ETHholdings—worthapproximately$673million—couldgenerate8.4millionETH(orabout$20.8million)peryearifstaked. Duringthisconversation,ButerinencouragedthecryptocommunitytorecognizetheEthereumFoundation’sbroadercontributionstothedigitalasset. Accordingtohim,proceedsfromETHsalesfundcriticalpaymentstothedevelopersandresearchersresponsibleformajornetworkupgrades.TheseincludeEthereum’stransitiontoProof-of-Stake,consistentlowtransactionfees,andrapidprocessingspeedsaveragingaround30seconds. ButerinalsohighlightedtheFoundation’ssupportforinnovationslikezero-knowledgetechnologiesforenhancedprivacyandaccountabstractionforimprovedsecurity.Additionally,theFoundationsponsorslocalEthereumeventsworldwide,strengtheningthecommunityandnetworksecurity. beincrypto.com