Jorg Hiller September 22, 2024 10:25 Bitcoin’s ossification sparks debate: Is it a sign of maturity and stability, or a hindrance to innovation? Let’s take a look at the pros and cons of this controversial issue. Bitcoin ossification refers to the process by which it becomes increasingly difficult to change the underlying protocol of Bitcoin, potentially leading to a point where the protocol becomes fixed and unchangeable. This concept is fiercely debated within the Bitcoin community. Supporters of ossification argue that it is a sign of Bitcoin’s maturity and decentralization, ensuring stability and protecting…
Author: Crypto Flexs
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Bitcoin (BTC) fell below $63,000 on September 22, suggesting a potential profit-taking opportunity for short-term traders. Some analysts believe that Bitcoin could enter a minor consolidation before striking the critical overhead resistance of $65,000.While there is some short-term uncertainty, analysts are bullish on the long term. Geoff Kendrick, global head of digital asset research at Standard Chartered, expects Bitcoin to hit $200,000 by the end of 2025. Kendrick sees positive inflows into Bitcoin exchange-traded funds (ETFs), a modest increase in inflation, and the repeal of Staff Accounting Bulletin-121, a rule that effectively prevented banks from holding digital assets for their…
Financial services giant Franklin Templeton has announced that it is building a fund of funds for regulated securities on its smart contract platform Solana (SOL). In a session at the Solana Breakpoint 2024 event, Mike Reed, Franklin Templeton’s head of digital asset partnership development, said the final step for the investment giant to complete its project is to apply to develop natively on the Solana blockchain. According to Reed, tokens issued by companies on Solana represent a solid record of ownership. “We don’t use a third party, we mint on-chain for real. We don’t have an off-chain ledger that we…
Cui Sheffield, head of crypto at Visa, said in a fireside chat at the Solana Breakpoint event in Singapore that stablecoins backed by fiat currencies other than the dollar will see growth in the coming years. “The dollar is great for moving across borders, but then you need to be able to exchange it quickly and efficiently,” Sheffield said. “And that’s where other local currency stablecoins can play a big role.”The Visa executive added that in the future, all major fiat currencies will be represented on-chain, but said that US dollar stablecoins currently account for 99% of the total stablecoin…
Pepe has a bullish market structure on a daily basis. Price action continues to be limited as trading has been extremely range-bound over the past six weeks. Pepe (PEPE) was one of the best performing large cap meme coins, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB). It gained 16.71% from Monday’s low, while DOGE gained 10% and SHIB gained 13%. If the next bull market comes, it will be the first real bull market for a meme coin, while the other two coins have already experienced price expansion in the previous bull market, which means PEPE has more potential. Pepe…
Felix Pinkston 22 Sep 2024 11:39 Washington State University unveils AI-driven 3D printing to create accurate organ models for surgical practice and optimize surgical outcomes. Researchers at Washington State University (WSU) have introduced a groundbreaking AI-based 3D printing technology that aims to help surgeons create detailed replicas of human organs for preoperative practice. According to the NVIDIA Technology Blog, the innovation promises to improve surgical outcomes by giving doctors a more precise preparation tool. AI algorithms enhance 3D printing AI algorithms trained on images and properties of human kidneys and prostates, including weight, size,…
Get the latest information on ORDI BRC-20 price trends. Bitcoin price rises as FOMC cuts rates by 50bp. In this article, we continue to track the BRC-20 coin ORDI price prediction. After receiving good news from the FOMC, as I mentioned in my first article about ORDI, ORDI is a coin that is heavily influenced by the movement of the Bitcoin price. Before reading further, review last week’s analysis! We had a good week in the crypto market overall, with many altcoins seeing significant price increases! And there are those who like our coins. Let’s take a look at how…
Bitcoin (BTC) is expected to see an “explosive run” by the end of 2024 as recent BTC price action sets a target of $85,000.In a post on X on September 21, cryptocurrency trader, investor, and analyst Titan of Crypto predicted a “mid-point” 35% rally for BTC/USD.Trader: Bitcoin Breakout Expected ‘By Year End’Bitcoin has been on a steady rebound since dropping below $10,000 from its September support level, holding $62,000 at its weekly close.Now, the bullish BTC price prediction shows that the good times are only going to get better for the bulls. For the Titan of Crypto, the first stop…
A cryptocurrency investor made $131.72 million by investing in Ether during the 2022 bear market and holding it for two years despite uncertain market conditions.Blockchain analytics firm Lookonchain has identified investors’ Ether (ETH) wallet addresses as Diamond Hands, demonstrating long-term losses associated with panic selling. Diamond Hands are individuals who hold onto their investments despite market volatility and price swings.source: Look on ChainAccording to Lookonchain, the investor purchased 96,639 ETH on the Coinbase cryptocurrency exchange between September 3 and 4, 2022. At the time, Ether was trading at around $1,567. Generating Revenue Through Holding Strategy As a result, whale investors…
As an analyst here Cryptonaire WeekI have been watching the recent developments in the cryptocurrency market closely. September has once again presented a challenge, with Bitcoin stuck between significant resistance levels and altcoins following suit. The current state of the market may be disconcerting to many, but a deeper dive reveals some key factors that should be looked at more closely, especially for those who want to navigate this space effectively. One of the most notable recent revelations is this: BlackrockA giant in traditional finance. BlackRock’s recent disclosure of its Bitcoin acquisition tells a deeper story. Bitcoin is not just…