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#What Are Runes on Bitcoin?
intelisync · 4 months
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Bitcoin's Next Frontier: Runes Protocol and Fungible Tokens 2024
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The introduction of the Runes Protocol on the Bitcoin blockchain in April 2024 represents a pivotal moment in the cryptocurrency landscape. Developed by Casey Rodarmor, this protocol enables the seamless creation and management of fungible tokens directly within the Bitcoin ecosystem, expanding its functionality and attracting a diverse range of developers and businesses. Leveraging the UTXO model and OP_RETURN opcode, Runes ensures efficient token management while maintaining compatibility with Bitcoin's existing infrastructure. Despite facing challenges such as integration complexities and transaction costs, Runes offers a standardized token protocol that promotes interoperability and consistency, positioning Bitcoin as a leading platform for tokenization.
With the launch of Runes, Bitcoin enters a new phase of tokenization, offering users unprecedented flexibility in creating and managing custom tokens. By utilizing the UTXO model and OP_RETURN opcode, Runes streamlines token operations while ensuring seamless integration with Bitcoin's robust infrastructure. However, challenges such as integration hurdles and transaction costs need to be addressed to fully unlock the potential of Runes. Nonetheless, Runes represents a significant advancement for Bitcoin, fostering innovation and expanding its utility in the broader blockchain ecosystem.
As Runes gains momentum and developers explore its capabilities, the future of Bitcoin tokenization looks promising. From decentralized finance platforms to digital collectibles and loyalty programs, Runes opens up a myriad of possibilities for token creation and management on Bitcoin. With its emphasis on interoperability and standardization, Runes lays the foundation for widespread adoption and innovation within the Bitcoin ecosystem. For businesses seeking to capitalize on the potential of cryptocurrency, partnering with industry experts like Intelisync can provide invaluable support in navigating the complexities of token development and integration, unlocking new Learn more....
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Runes Protocol: Everything You Need To Know!
In the early stages, Bitcoin was predominantly a payment system. However, today, new protocols have emerged to inject fun into the network, from Ordinals to BRC-20s, and now, we have the Runes protocol. Guess why Runes is the talk of the crypto town? For the very first time, Runes is bringing the degen culture to Bitcoin as it aims to allow the creation of meme coins on Bitcoin. Everything…
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influencermagazineuk · 3 months
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Bitcoin Hits Wall Street: A Six-Month Recap and Future Prospects for Crypto Markets
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It’s been a notable year for the crypto market, and we're only halfway through 2024. Bitcoin's price surged over 46% in the first six months, significantly outpacing the S&P 500's 15% rise. A major highlight was the U.S. Securities and Exchange Commission's approval of spot Bitcoin exchange-traded funds, a first, which greatly increased institutional investment in cryptocurrencies. Additionally, Bitcoin underwent its fourth halving, an event that occurs approximately every four years after 210,000 blocks are mined. However, as the second half of the year begins, the market faces disruption from Mt Gox. The defunct bitcoin exchange announced plans to distribute over $9 billion worth of funds to its creditors starting in early July. These payments, made in bitcoin, bitcoin cash, and fiat currency, caused Bitcoin's value to briefly drop below $55,000. Despite this short-term volatility, some market makers and investors remain optimistic about Bitcoin's long-term prospects. Here’s a brief overview of the major milestones in the crypto market for 2024 so far, and a look at what might lie ahead for the rest of the year. Bitcoin ETFs Debut on Wall Street The SEC approved the first Bitcoin ETFs on January 10, which hit the stock market the following day. Since their inception, the 11 ETFs have amassed a total net inflow of $14.64 billion and a cumulative trading volume of over $310 billion. Bitcoin experienced a significant price surge, reaching new all-time highs due to increased institutional adoption and favorable regulatory developments. On March 14, Bitcoin hit a new all-time high of $73,794 before falling to between $60,400 and $71,700 amid significant volatility compared to previous months. Several factors contributed to this volume: The approval of spot Bitcoin ETFs in the U.S. The launch of Runes in April, a decentralized protocol enabling the creation of fungible tokens directly on Bitcoin, which enhanced its functionality, scalability, and security, driving increased demand and transactions. The Bitcoin halving on April 19, which was expected to push Bitcoin to new record highs. However, market dynamics have delayed a sustained rally, with analysts noting that historical price spikes often occur 8-9 months post-halving. Read the full article
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yes-sikorskiy-yuriy · 5 months
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Meditation Music to Connect To Your Higher Self In Minutes! (Make Sure T...
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startup 🔊🌀🧲💰
Hello! I am looking for a partner, co-director, Investor, co-founder, philanthropist, a person who knows how to sell profitably, interested in his personal profit. Earnings % from sales of magical painting. This is a profitable investment, better than Bitcoin because… has a limit and is not accessible to the average person in terms of development; if money is really tight, you can discuss this issue. I communicate only in private messages. Good luck, Yuri.
 You may never know what results your actions will bring. but if you do nothing, there will be no results.
 Mahatma Gandhi
Music is a hint for activating runes for your luck and your own risk.
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financialnewshub · 5 months
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Here’s what happened in crypto today
The launch of Runes has boosted activity on Bitcoin to record highs. Hong Kong’s spot Bitcoin and Ether ETFs have officially begun trading and issuers say they’re not too worried about Ether being seen as a security in the United States. Meanwhile, restaking protocol EigenLayer has released a white paper for its new token and announced an airdrop, which met some criticism. Bitcoin processes 1.6…
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market-news-24 · 5 months
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This week on Crypto Twitter has been a rollercoaster of excitement and controversy, with Bitcoin Runes taking the community by storm and fresh legal drama surrounding Ethereum capturing everyone's attention. Dive into the latest buzz and get up to speed with the trends and debates that are shaping the world of cryptocurrency. Whether you're invested in the game or just curious about what's happening, this week's highlights are sure to keep you hooked. Stay informed and join the conversation on the developments that everyone in the crypto community is talking about. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] The digital currency landscape is never dull, and this week, the buzz around a new Bitcoin-based protocol named Runes has taken the crypto world by storm. The introduction of Runes, following Bitcoin's latest halving event, heralds a fresh wave of innovation and excitement, with DOG, a new Runes meme token, leading the charge. This token was distributed to tens of thousands of wallets, instantly becoming the most talked-about Runes token to date. The surge in activity around Runes has had a significant impact, accounting for a staggering percentage of all Bitcoin transactions over a single day. This has naturally led to a spike in Bitcoin network fees, sparking a mix of frustration and fervor within the crypto community. Some observers are critical of the higher costs, whereas others see it as a temporary growing pain on the path to wider adoption and innovation within the space. Simultaneously, Ethereum's ecosystem witnessed monumental sales in the NFT Market, with a rare CryptoPunk NFT fetching millions in a high-profile transaction. These sales not only underscore the enduring appeal of NFTs but also spotlight Ethereum's role as a foundational block in the digital collectibles Market. Despite the highs, challenges persist, exemplified by the layoffs at Yuga Labs, creators of the Bored Ape Yacht Club. This development serves as a sobering reminder of the volatile nature of the crypto industry, where shifts in momentum can have immediate and profound effects. Adding to the week's drama, Ethereum software titan Consensys has launched a proactive lawsuit against the SEC. This bold move signals a critical juncture for Ethereum and the broader digital currency ecosystem, as it seeks to affirm its status outside the regulatory purview of the SEC, amid concerns that Ethereum could be classified as a security. Industry leaders have rallied in support, viewing this lawsuit as crucial in defining future engagements between the crypto sector and regulatory bodies. In conclusion, this week has been emblematic of the dynamic and unpredictable nature of the crypto industry. From groundbreaking tokens and eye-catching NFT sales to legal battles that could shape the future regulatory landscape, the journey of digital currencies continues to be an exhilarating adventure. As the community watches these developments unfold, one thing is clear: the path forward for Bitcoin, Ethereum, and the entire crypto Market is being charted in real-time, with all the twists and turns that come with groundbreaking innovation.
Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What's going on with Bitcoin Runes Mania this week? So everyone on Crypto Twitter is buzzing about Bitcoin Runes! People are really getting into it, buying and trading these runes like crazy. It's kind of like a new, fun way to get into Bitcoin without just buying the coin itself. Imagine collecting digital treasures that everyone wants - that's the gist! 2. Why is Ethereum in the news again for legal stuff? Ethereum is back in the spotlight because there's more drama about whether it should be seen as a security or not. This isn't the first time it's happened, but this week, some new legal challenges are popping up. It's a big deal because it affects how Ethereum can be traded and used, putting everyone on edge. 3. Have the prices of Bitcoin or Ethereum changed because of these news? You bet! The excitement around Bitcoin Runes has actually pushed the price up a bit, as more people are jumping in to grab some runes for themselves. Ethereum's legal drama, on the other hand, has made its price a bit shaky. People aren't sure what to expect, so it's a bit of a rollercoaster. 4. Are people taking sides on the Ethereum legal drama? Absolutely, it's like a divide in the community. Some people are firmly standing by Ethereum, believing it should remain free from strict regulations. Others think that some regulation might not be a bad thing for its stability and credibility. It's a heated debate with lots of strong opinions floating around. 5. What should newbies know about getting into crypto because of these recent trends? For anyone new jumping into the crypto world, the best advice is to do your homework. With all the excitement, it's easy to get caught up in the hype. Start by learning the basics of Bitcoin and Ethereum, understand the risks, and don't invest more than you're willing to lose. And always keep an eye on the news, because in crypto, things move fast! Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);
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petnews2day · 5 months
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Bitcoin Runes DOG Enters Top 10 Memecoins: What’s Ahead in Phase 2?
New Post has been published on https://petn.ws/HXfrE
Bitcoin Runes DOG Enters Top 10 Memecoins: What’s Ahead in Phase 2?
Table of Contents Bitcoin Runes token DOG•GO•TO•THE•MOON (DOG) ascends as the 9th largest memecoin by market cap.  According to the latest data, 72.5K holders hold DOG tokens. Bitcoin Runes-based memecoin DOG•GO•TO•THE•MOON (DOG) hits $500 million market cap following announcements of its listings on four notable centralized exchanges (CEXs) within the last 24 hours.  This surge […]
See full article at https://petn.ws/HXfrE #DogNews
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scarletnews · 5 months
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Why Bitcoin miners are celebrating Runes post BTC’s halving
Bitcoin [BTC] underwent its fourth halving earlier in the day and contrary to what you may think, miners have been celebrating ever since. While the rewards given to miners for creating each block halved, they were more than compensated by an explosive surge in transaction fees paid by users. According to AMBCrypto’s analysis of Mempool data, the iconic halving block – 840,000 – saw a whopping…
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kentonralphtoews · 10 months
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I did an interview with Cory Fleck of KER about the state of the crypto market and what might be driving the recent rise in the Bitcoin price. Factors include the Fed easing in 2024 and expectations of the bitcoin ETF approval. We touched on a token outperforming Bitcoin, RUNE, the native token of THORChain.
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cryptofuturetimes · 11 months
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How much can you earn on cryptocurrency in 2024
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Is it possible to make money on cryptocurrency, what can be the profit and how not to go into the red? We talk about crypto trading in detail Trading cryptocurrencies in case of successful scenarios allows you to get a yield of several hundred percent per annum. But if all risks are realized, you can lose all invested capital. Proven strategies and hard hedging of all risks work in the cryptocurrency market. Let’s try to figure out whether it is possible to earn on cryptocurrency and how much such earnings can be. Cryptocurrency earnings. Basic ways Cryptocurrency trading on the stock exchange is a business with its own risks and rewards, where every decision either brings income or leads to losses. Earnings on cryptocurrency are determined by several indicators, and in professional trading it depends only on the size of the deposit. Investors working for the medium or long term use several profitable strategies at once: portfolio investments with the formation of a set of profitable coins; hodling — passive investment: you keep coins in your wallet until they reach the planned profitability; staking is the storage of a cryptocurrency with a commission in a wallet that is used to support the blockchain network; mining is a way to make money on cryptocurrency by mining coins on specialized equipment; a hodling option with an investment in promising tokens in the hope of their explosive growth; use of referral programs. How to Build a Cryptocurrency Portfolio To make money on cryptocurrencies, it makes sense to build a competent portfolio. First of all, it should be balanced, that is, it should consist of 4–8 cryptocurrencies selected according to a number of parameters. There are two types of cryptocurrency portfolios that are built in a similar way to traditional assets. A conservative portfolio with minimal risks will contain reliable and proven currencies, while an aggressive portfolio will contain promising and new ones, which means that they imply a certain risk. Conservative cryptocurrency portfolio Consider a conservative portfolio. The main share — 70% — should fall on reliable coins from the top 5 cryptocurrencies (BTC, ETH, USDT). Another 25% can be coins from the top 10, backed by serious companies that have proven themselves in the cryptosphere (XRP, SOL, ADA). 5% can be left for high-volatility coins that have shown rapid growth — for example, in March 2022 it would be ApeCoin (APE), Waves (WAVES), THORChain (RUNE). Even if there is a sharp drop, the losses will be balanced by a large proportion of reliable coins. Aggressive cryptocurrency portfolio Now let’s look at an example of an aggressive portfolio. In it, reliable coins — bitcoin, ether, USDT will occupy 50%. At the same time, promising coins from the top 50 — SOL, ADA, RUNE and others — will account for 25%, and another 25% — for high-risk assets in the range from 50th to 100th position (BAT, OMG and others). During the period of growth of the main cryptocurrency, the profitability of such a portfolio can exceed 100% per annum. This is because the rise of bitcoin is always followed by the season of altcoins — the time when the main coins pull up in price next. What is HODL and why is it beneficial? Hodling is a popular option for long-term investments that allows you to earn on cryptocurrency. What is the principle of long-term retention of a coin in a wallet based on? In the long term, any market is growing, but the development of market trends is cyclical, with corrections. Therefore, if you buy an asset and hold it, for example, for several years, then the probability of further growth exceeds the probability of the asset falling. At the same time, sharp, large movements of the market against the trend can be ignored. It is better to choose reliable and well-established cryptocurrencies with a high market capitalization for hodling: bitcoin, ether, USDT and a number of other coins. If you choose a currency that is growing in the moment, but weak in the long term, then you can lose your money on a deep drawdown of the coin. Moreover, a weak currency has every chance to cease to exist. Hodling profits can reach tens and hundreds of percent. How much can you earn trading cryptocurrencies? The answer to the question of how much you can earn on cryptocurrency depends largely on the investor’s strategy. It makes sense for risky investors who are ready for losses but want to make high profits to catch x — that is, to profit from coins that have suddenly risen due to a combination of a number of factors. For example, 2021 will be remembered for the sharp growth of the decentralized finance (DeFi) industry and the emergence of a huge number of new promising projects. For example, AVAX is a native token of the Avalanche project that works with smart contracts. Back in January 2021, AVAX was worth $4.6, and by the end of July 2022, one coin is worth $25. How to make money on cryptocurrency. Bitcoin example Back in March 2020, the price of bitcoin fell just below $4,000 amid panic due to the spread of the coronavirus. And in July 2022, it is trading at $23,690. Bitcoin not only survived the global economic crisis caused by the coronavirus pandemic, but also fully revealed its potential as one of the main defensive assets of the financial world. In addition, it has received a huge amount of attention from institutional investors who are now actively investing hundreds of millions of dollars in cryptocurrencies. How to make money staking? Storing coins, or staking, can also be profitable — the presence of cryptocurrency blockchain in some networks is necessary to keep them running. Staking happens in the following way. Validators — nodes that keep the blockchain running — freeze their coins for a certain period, for which they receive a part of the reward. The more coins are frozen, the higher the income. You don’t need ASICs and powerful video cards for stacking — a laptop is enough. For the network, this is a less energy-consuming phenomenon than mining, and for validators, it is an opportunity to receive passive income for generating coins. According to experts, earnings in the Ethereum 2.0 network will be from 5% to 21% in the first year before deducting the cost of equipment and energy, which will be 5–20%. However, given the price fluctuations of ETH, staking will not necessarily be consistently profitable. How to make money on mining In the long run, BTC mining is more profitable than mining any altcoins. The latter have too much volatility — the rate can skyrocket and also fall rapidly in a short period of time. But if you want to try to make money on another coin, the most universal advice is to mine only the first 20 coins by capitalization. As a rule, these are time-tested and relatively reliable projects. In this article, we looked at the cryptocurrencies that are most profitable to mine in 2022 and will in 2023. How to make money on referral programs? Working with referral programs is a business with minimal risks, based on the recommendation of services and goods of the blockchain platform to third parties. To start, you need to connect a business account, generate a referral link and start working. The reward is calculated on the amount of spending of all invited users, and income depends on activity. Imagine that you managed to invite 10 active traders to the cryptocurrency exchange. According to the results of the month, traders made 200 profitable deals and spent $2,000 on trading commissions on the exchange. With a 10% commission for the one who invited them, the income will be $200. If you want to learn more how to make huge money and passive income in cryptocurrency click here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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ailtrahq · 1 year
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RUNE saw significant price growth at press time. Data revealed that 50% of all ETH to BTC swaps on ThorSwap involved stolen funds. ThorChain [RUNE] experienced significant price growth recently, but alarming data suggested that it might be attracting illicit activities. Is your portfolio green? Check out the RUNE Profit Calculator The plot thickens According to X (formerly Twitter) analyst Tayvano, ThorChain became an appealing DEX for attackers and hackers. Tayvano claimed that over the past four months, more than 50% of all Ethereum [ETH] – Bitcoin [BTC] transfers via ThorSwap Router had originated from stolen funds. Welp, the hackers and money launderers—both the Russian/CIS region ones and North Korean ones—are loooooving @ThorChain lately. In fact, in the last four months, ***more than 50%*** of the ETH -> to ThorSwap Router -> to BTC have been stolen funds. 😬😬😬😬😬 rip. pic.twitter.com/V4KscNilRA — Tay 💖 (@tayvano_) October 1, 2023 Specifically, Tayvano identified approximately 34,583 ETH (around $57 million) as “clearly” stolen funds being converted to BTC via ThorSwap’s Deposit w/ Expiry function, out of a total of around 53,183 ETH (approximately $88 million) transferred from ETH to BTC over the same period. This constituted approximately 65% of the total volume. Additionally, Tayvano pointed out that this figure only represented the stolen funds directly originating from theft addresses. There was also evidence of another 3,300+ ETH that appeared to be undergoing laundering, with some originating from services like Tornado Cash and Railgun, or from transfers through exchanges. Tayvano also identified addresses linked to the FTX [FTT] drain hack, totaling 19,944 ETH (approximately $32 million). She suggested that North Korean hackers responsible for a recent Stake.com breach had also utilized ThorChain, moving a total of 8,143 ETH and 1.64 million Tether [USDT] (about $15 million) through the network. Furthermore, Russian hackers involved in individual seed phrase compromises reportedly used ThorChain to move 4,195 ETH (around $7.1 million). Reason for the interest in ThorChain When asked why hackers seemed to prefer ThorChain, Tayvano argued that it’s because ThorChain’s builders have embraced them and celebrated their use of the protocol. She explained that if you’re a hacker with a significant amount of stolen funds, ThorChain provides a means to convert assets to BTC without encountering significant freezing of assets along the way. Tay, why do they love using Thorchain so much? Is it because of the ease of bridging? Or they think it holds some type of privacy ? Or neither? — identityunknown|chainreaper (@RiverRunnner) October 2, 2023 There was some pushback observed from users, who stated that ThorChain symbolized what a true permissionless DEX looked like. So, you want permissioned dex's? You cant have your cake and eat it too There is power in decentralization, for criminals and normies — fst_nml (@fst_nml) October 2, 2023 This influx of illicit activity also raised concerns about ThorChain’s reputation and the potential impact on its native token, RUNE. How did RUNE react? Despite the negative attention surrounding ThorChain’s use in illicit activities, RUNE showed resilience. It surged by 12.11% in the last 24 hours and has demonstrated multiple higher highs and higher lows over the past month, indicating a bullish trend. The Relative Strength Index (RSI) stood at 72.71 at the time of writing, suggesting the asset was slightly overbought, while the Chaikin Money Flow (CMF) at 0.19 indicated that money flow favored buyers. Source: Trading View However, these events have taken a toll on social sentiment around ThorChain and RUNE. Santiment’s data indicated that while Weighted Sentiment was bullish during RUNE’s price growth, it had declined as of press time. Realistic or not, here’s RUNE’s market cap in BTC’s terms This implied that negative comments and concerns about illicit activities have overshadowed positive sentiment regarding the protocol.
Source: Santiment Despite these concerns, ThorChain has continued to expand its network and make improvements. Recently, the protocol collaborated with the Binance [BNB] network, suggesting that it was actively pursuing growth and development despite the above concerns.
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crynotifier · 1 year
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Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin
Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin
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Cryptocurrency markets fell on Wednesday, with total market cap dropping by around $16 billion to around $1.1 trillion, Bitcoin (BTC) dropping 1.5% to around $28,700 and Ether (ETH) dropping 1.1% to just above $1,800, where it is now finding support from its 200DMA.
Downward moves in the crypto market come amid macro headwinds, with US stock markets falling while long-dated US government bond yields and the US dollar rise in wake of the latest Fed minutes release.
The minutes showed that officials at the US central bank remain concerned about potential upside risks to US inflation and said that more hikes might be needed unless conditions change.
That being said, US interest rate futures market pricing implies little change in the market’s perceived risk of another 25 bps rate hike in September.
As per the CME’s Fed Watch Tool, the likelihood of a September rate hike was last seen at 12.5%, up only slightly from 10% one day ago.
Perhaps more concerning for the crypto market is that Bitcoin has just snapped its 2023 uptrend and could now drop all the way to the mid-$20,000s again, while Ether looks to be on the verge of dropping below its 200DMA.
While technicals are turning negative for some of the blue-chip coins, things are not all bad.
Here are some of the top coins to buy on August 16th.
Sei (SEI)
SEI, the token that powers the just launched Sei blockchain that is specifically designed to facilitate trading, is up around 20% from its Tuesday closing price around $0.18, making it one of the top-performing cryptocurrencies in the top 100 by market capitalization.
SEI was last changing hands on major exchanges just above $0.21, well below earlier Wednesday peaks in the $0.28 area.
The cryptocurrency remains in a state of price discovery and will remain very volatile in the coming days and weeks.
However, at a still very modest market cap of under $400 million, there is a lot of potential upside for the Sei token.
THORChain (RUNE)
RUNE, the token that powers THORChain’s cross-chain decentralized exchange blockchain, is down just over 6% on Wednesday.
However, RUNE remains in a strong uptrend, having rallied 55% in just the last 10 days and broken convincingly to the north of all of its major moving averages in the process.
A retest of resistance around $2.0, and then of long-term support-turned-resistance around $3.0 remains a strong possibility in the weeks and months ahead, meaning possible near-term gains of as much as 40-100%.
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Toncoin (TON)
Toncoin (TON) dropped 6.5% on Wednesday but is still up over 12% in the last seven days, making it one of the best-performing cryptos in the top 100 by market cap over this time period.
The cryptocurrency, which powers a layer 1 blockchain that was initially developed by the same team behind hugely popular encrypted messaging app Telegram, tried and failed to break above resistance at $1.52 in the form of the July highs and 100DMA.
But if it can find support above its 50 and 21DMAs around $1.30, then it still stands a good chance of pushing above this level in the coming days and weeks.
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Crypto Alternatives to Consider
For crypto investors looking to diversify, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of up-start crypto projects to help fund their development.
These tokens are nearly always sold very cheap and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward of their presale investment is very good.
The team at Cryptonews spends a lot of time combing through presale projects to help investors out.
Here is a list of 15 of what the project deems as the best crypto presales of 2023.
See the 15 Cryptocurrencies
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The Information contained in or provided from or through this website is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.
New Post has been published on https://crynotifier.com/best-crypto-buy-now-august-16-sei-thorchain-toncoin-htm/
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legitairdropcrypto · 1 year
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Binance: Buy BTC & 600+ Crypto
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damoreschool · 2 years
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Paid Magpie Tarot Readings -$15
I noticed that the trend here on Tumblr is to offer cute little packages with specific types of questions or readings. Well, I'm not going to do that. My magpie tarot deck is a powerful tool, each and every card was chosen by me, and I assure you I agonized over every single one. I'm an immensely talented medium, ask anyone who knows me. I'm also a brilliant anthropologist, which means I know how people work. So if you want a reading with some cutesy-poo package, a clever name, and alot of fluff, look elsewhere. If you want and need real answers to real questions from a reader who's been doing this type of stuff for decades then you probably want my services. I also do rune and ogham readings for the same price. I'm not going to give you a set amount of cards or minutes because if I did that we might not get enough information for your question(s). I'll just read what you need me to read (within reason of course, I'm not going to give you a three hour reading or involve my entire deck for this price, I'm actually an academic so my time is valuable, but I'm sick right now and can't work and therefore you luck out in that I'm providing these services to people for a time). My readings are usually via video call, which makes them alot more personal than the average, although I'm open to any medium you may prefer. I take many forms of payment: Zelle, Bitcoin, PayPal, or if you want to pay the traditional way you can visit my Etsy shop: https://damoreschool.etsy.com/
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market-news-24 · 5 months
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In a recent update that's catching the attention of cryptocurrency enthusiasts, a leading Bitcoin core developer has sounded the alarm on Runes, stating that they potentially 'exploit design flaws' in the crypto world. This remark has sparked a heated debate within the community, putting the spotlight on the technical intricacies and safety measures associated with digital currencies. As the story unfolds, it’s becoming increasingly clear how vital it is for investors and developers alike to stay informed about the structural vulnerabilities that may exist within cryptocurrencies like Bitcoin. This development raises crucial questions about security and the future of digital transactions, highlighting the ongoing challenges in achieving a secure and reliable crypto ecosystem. [ad_1] In the world of Bitcoin, a recent discussion by core developer Luke Dashjr has sparked attention. Dashjr is taking a closer look at the Runes protocol, claiming it leverages a basic flaw in the blockchain's design. This critique shines a light on the evolving landscape of digital assets on the Bitcoin network, especially in comparison to Ordinal Inscriptions, another innovative asset type. Ordinals, a form of digital asset akin to NFTs imprinted directly onto Bitcoin's smallest units, satoshis, have captured the crypto community's interest by opening a door to unique digital collectibles on the Bitcoin blockchain. However, Dashjr points out a crucial difference between these and the Runes protocol. According to him, while Ordinals exploit vulnerabilities in the Bitcoin Core, Runes conduct what he describes as a "5-vector attack" by technically playing within the rules, yet exploiting design flaws. The launch of Runes came at a momentous time for Bitcoin, coinciding with its fourth halving event, but not without its challenges. The influx of these fungible tokens significantly congested the network, leading to increased transaction fees, highlighting the scalability issues within the Bitcoin blockchain. Dashjr, a longstanding critic of these asset types, believes they stray from Bitcoin's foundational principles and lead to unnecessary clutter on the blockchain. In response to these concerns, he has suggested methods for filtering out Runes transactions, though it appears that not all miners are heeding his advice. Ocean Mining, for instance, where Dashjr serves as the Chief Technology Officer (CTO), processed a block post-halving with a significant portion of transactions coming from Runes. The debate around these digital assets, Ordinals and Runes, and their impact on the Bitcoin network underscores the ongoing discussions about scalability, network integrity, and the true intent of Bitcoin's original design. As the community navigates these developments, Dashjr's insights offer a critical lens through which to assess the future of digital assets within the Bitcoin ecosystem. [ad_2] Sure, here are five FAQs based on the concept that Bitcoin core developers say Runes "exploit design flaws": 1. What do Bitcoin core developers mean by Runes "exploit design flaws"? They're saying that Runes, a concept or tool related to Bitcoin, take advantage of certain weaknesses or imperfect parts of Bitcoin's design. These aren't necessarily hacks, but ways to use the system in ways it wasn't originally intended. 2. Are these "exploits" by Runes a bad thing for Bitcoin? It depends on how you look at it. On one hand, exploiting design flaws can point out where Bitcoin needs to improve. On the other, it could pose risks or challenges to the stability and security of Bitcoin. 3. Can these exploits by Runes be fixed? Yes, most of the time, when a flaw is identified, developers can work on a solution or improvement to fix the vulnerability. This is part of how Bitcoin continues to evolve and strengthen over time. 4. Do all Runes pose a threat to Bitcoin? Not necessarily. While some Runes might exploit vulnerabilities, others might be used for research, testing, or even improving the Bitcoin network. It's all about how they are utilized.
5. If I'm just a regular Bitcoin user, should I be worried about these exploits? As a regular user, your main focus should be on following good security practices, like using strong, unique passwords and keeping your software up to date. The developers behind Bitcoin are continuously working to address any vulnerabilities, including those exploited by Runes. [ad_1]
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petnews2day · 5 months
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Bitcoin Runes DOG Enters Top 10 Memecoins: What’s Ahead in Phase 2?
New Post has been published on https://petn.ws/GDN6q
Bitcoin Runes DOG Enters Top 10 Memecoins: What’s Ahead in Phase 2?
Table of Contents Bitcoin Runes token DOG•GO•TO•THE•MOON (DOG) ascends as the 9th largest memecoin by market cap. According to the latest data, 72.5K holders hold DOG tokens. Bitcoin Runes-based memecoin DOG•GO•TO•THE•MOON (DOG) hits $500 million market cap following announcements of its listings on four notable centralized exchanges (CEXs) within the last 24 hours. This surge […]
See full article at https://petn.ws/GDN6q #DogNews
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