#solana latest news 2023

[cryptophillia]

why avax coin pumping in 2023??

why avax coin pumping in 2023??

Avalanche (AVAX) price has increased today. Avalanche price today is $15.90 with a 24-hour trading volume of $1,080,981,326. AVAX price is up 26.4% in the last 24 hours. It has a circulating supply of 310 Million AVAX coins and a total supply of 416988132.741224. If you are looking to buy or sell Avalanche, DigiFinex is currently the most active exchange. AVAX What is Avalanche (AVAX)? Avalanche…

[luxeweb]

Cryptocurrency forecast

What are the most promising cryptocurrencies in 2023? Many financial analysts call Tezos - XTZ , ALGO , SOL ( Solana ), and Cardano.Classic of the genre - bitcoin is also not going anywhere)

Popular Cryptocurrency Exchanges :

Huobi-link here

Bybit-link here

Yobit-link

[ailtrahq]

Welcome back to Chain Reaction. subscribe here Annyeong, or hello, friends! While I’m typically based in New York City, this week I’m reporting from Seoul, South Korea for Korea Blockchain Week. The week has been jam-packed with a number of conference events as well as offsite side events and networking happy hours. I’ve listened to a number of panels surrounding topics like web3 gaming, enterprise Blockchain adoption (I moderated one), institutional adoption, regulatory climate and investing in Asia. I also kept busy with a of interviews with local experts on the Market evolving out east as well as people who flew in to meet with startups based in the region. This means I’ll be putting out more articles on TechCrunch based on these conversations in the coming days and weeks…so keep an eye out for that. Meanwhile, there was some News that transpired in the web3 world, so let’s get into it. This week in web3 Crypto funding in August wasn’t as good as the numbers may lead you to believe (TC+) blockchain tech needs a ‘ChatGPT moment’ to scale enterprise adoption (TC+) MetaMask now allows crypto cash-out to PayPal and banks, but fees could be high Gleen’s tech-savvy chatbot for Discord and Slack attracts Solana founder in oversubscribed round The US can’t kill crypto: Real regulations are coming The latest pod For this week’s episode, Jacquelyn interviewed Charlie Shrem, founder of the bitcoin Foundation, general partner at Druid Ventures and host of the Charlie Shrem show. Before all that, he was the co-founder and CEO of BitInstant, which was a bitcoin payment processor that started in 2011. Shortly after founding the company, he was charged with operating an unlicensed money-transmitting business, and for allegedly attempting to launder over $1 million through the now defunct dark web marketplace Silk Road. He spent a little over a year in a low-Security prison as a result. Now, Charlie is a vocal advocate for clearer crypto regulation, he’s a crypto investor, podcaster and even a movie producer. We discussed how the bitcoin and crypto ecosystems have changed (and stayed the same) over the past decade as well as how his incarceration shaped his view on the industry. We also talked about: Need for regulatory clarity in the U.S. Crypto projects and sectors he’s following How the bitcoin ecosystem is growing Friend.tech Advice for listeners Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to keep up with the latest episodes, and please leave us a review if you like what you hear! Follow the money Story Protocol raised over $54 million in round led by a16z crypto Domain name startup D3 Global raised $5 million in a seed round led by Shima Capital Cross-chain communication protocol Socket raised $5 million from Coinbase Ventures and Frameworks Kotani gets $2 million pre-seed to help African workers send money home via crypto GenTwo raised $15 million in a Series A funding round led by Point72 Ventures What else we’re writing Want to branch out from the world of web3? Here are some articles on TechCrunch that caught our attention this week. Our favorite startups from YC’s Summer 2023 Demo Day, Day 1 (TC+) Clubhouse is trying to make a comeback Tech companies are finding their profitability groove (TC+) Here’s why some investors are sitting out of YC Demo Day (TC+) EU confirms six (mostly US) tech giants are subject to Digital Markets Act

[blockinsider]

Ethereum Price Targets $6K as Crypto Community Gears up for Expected Altseason

Key Points

Ethereum’s price is predicted to reach $6K in the coming months due to a potential bullish breakout.

Bitcoin’s rising dominance in the crypto market could lead to a bullish rebound for altcoins in early 2025.

After Bitcoin’s price fell below $70k due to strong resistance around its all-time high, Ethereum’s price maintained a short-term bearish outlook.

Ethereum, a leading altcoin with a market cap of over $296 billion and a daily average traded volume of around $14.5 billion, ended last week with an inverted hammer.

Ethereum’s Potential Bull Run

Ethereum’s price retested a crucial support level above $2,400, which could be the foundation for the next major bull run. According to crypto analyst Ali Martinez, Ethereum’s price is poised to rally towards a new all-time high (ATH), with a target of about $6K in the coming months.

Martinez points out that Ethereum’s price has been on a rising trend since early 2023. From a technical analysis standpoint, Ethereum’s price has respected a rising logarithmic trend, suggesting a possible bullish breakout.

Ethereum’s price has been consolidating in a symmetrical triangular pattern, which often results in a bullish breakout, since the crypto crash on August 5. If Ethereum consistently closes below the support range between $2,150 and $2,293, the bullish narrative for Ethereum’s price will be invalidated.

The Anticipated Altseason

In recent years, the Ethereum market has continued to lose ground to Bitcoin, as evidenced by Bitcoin’s increasing dominance. Latest market data shows Bitcoin’s dominance in the crypto market has risen to about 60 percent while Ethereum’s has dropped to about 13.19 percent.

As a result, the ETH/BTC pair has been in a multi-year falling trend, despite the weekly Relative Strength Index (RSI) being in the oversold area. Crypto analyst Benjamin Cowen suggests that another altcoin correction is likely in the coming weeks before a bullish rebound in early 2025.

Cowen predicts that the Bitcoin market will continue to outperform the altcoin space in the short term before a reversal in the first half of 2025. He has set a target range of between $1,000 and $1,400 for Ethereum in November and December before a spike beyond $6K in 2025.

Market Overview

Demand for Ethereum and most altcoins remains relatively low due to short-term market uncertainties. Last week, US spot Ether ETF issuers reported a net cash inflow of around $13 million, while Bitcoin’s ETFs registered over $2.2 billion in the past seven days.

The Ethereum ecosystem has faced stiff competition from other layer-one networks, led by Solana. Despite this, the Ethereum network remains the undisputed leader in web3, with over $45 billion in total value locked (TVL) and around $84 billion in stablecoins market cap.

[coineagle]

How Powell’s Latest Speech Spells Opportunity for Bitcoin and Altcoin Investors

Key Points

Jerome Powell’s statement hints at upcoming U.S rate cuts, potentially leading to a surge in Bitcoin and other cryptocurrencies.

The Altcoin Speculation Index suggests that major altcoins like Ethereum, BNB, Solana and XRP could also see significant gains.

Jerome Powell recently hinted at a shift in financial policy, indicating potential U.S rate cuts. This, along with robust global liquidity, could result in a substantial depreciation of the U.S Dollar (USD). As the USD weakens, cryptocurrencies like Bitcoin (BTC) may experience considerable growth.

Despite the Federal Reserve’s short-term liquidity outlook remaining weak, this trend could lead to a new low in Fed liquidity by the end of September. This could be its lowest level since March 2023. As liquidity decreases and rate cuts approach, Bitcoin’s pairing with USD could become more beneficial.

Bitcoin’s Performance and Altcoin Speculation

Bitcoin has consistently performed well, with over 96% of its history being profitable for holders. This trend, along with the predicted weakening of the USD, suggests a potential increase in Bitcoin’s price.

However, Bitcoin isn’t the only cryptocurrency that could benefit from the Fed’s actions. The entire crypto market, including major altcoins like Ethereum (ETH), BNB, Solana and XRP, could also see a surge. The Altcoin Speculation Index, currently at its lowest since July 2023, indicates that altcoin prices may have reached their lowest point and could be set for growth.

The Crypto Market’s RSI Heatmap

The broader crypto market is showing signs of recovery. The Crypto Market RSI Heatmap has recently shifted from oversold to neutral, suggesting a potential rebound. Daily RSI levels have also crossed the 50-level, indicating healthy momentum with room for further gains before reaching overbought territory.

As the Fed moves towards rate cuts and global liquidity strengthens, Bitcoin and the broader crypto market are poised for growth. This could lead to potential gains for investors across the board.

[market-news-24]

Grass.io is a new platform where users can earn points by completing tasks and activities. These points can potentially be converted into airdrop rewards in the future. Learn more about how to earn points and maximize your chances of receiving a potential airdrop on Grass.io. 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] Grass points can be earned by simply downloading and running Grass as a browser extension while browsing the internet. This innovative protocol offers rewards in the form of cryptocurrencies, gift cards, and PayPal to users who serve as node operators by providing data via internet bandwidth. Grass enables passive income generation by utilizing unused bandwidth securely, without compromising user privacy. In December 2023, Grass secured a $3.5 million seed round led by Polychain Capital and Tribe Capital, showcasing investor confidence in the project. With the global demand for AI products escalating rapidly, Grass presents an opportunity for node operators to earn rewards passively by contributing to the AI data repository. Grass functions as a network for selling unused internet bandwidth, gathering raw data from the web to create AI datasets for training models. By leveraging idle internet connections of node operators, Grass extracts and processes data using its AI tool Socrates developed by Wynd Labs. The protocol operates as a Layer 2 solution on Solana, ensuring transparency and trust in data scraping operations. Users can earn Grass points by running the Grass extension, which operates while maintaining user privacy and security. The extension does not track or store identifiable user data, ensuring a safe browsing experience. Grass also undergoes regular security audits by independent firms to enhance its defense mechanisms against potential threats. Founder Andrej Radonjic and the Grass team have a background in Software Engineering and DeFi protocol development, with a focus on building a reliable and efficient platform. Grass has been downloaded in 190 countries and processes over 1 TB of data daily, reflecting its growing user base and operational capacity. The valuation of Grass points on Whales Market indicates an average bid and ask price per point, reflecting the speculative nature of the platform for traders. By following simple steps like downloading the Grass extension, registering on the Grass website, and connecting to the internet, users can start earning Grass points. Referring new users to Grass can also enhance earnings through a 20% bonus on generated points. In conclusion, Grass offers a decentralized solution for data scraping and AI model training, incentivizing users to contribute to the public web through node operations. With its innovative approach and user-friendly interface, Grass presents a unique opportunity for passive income generation and participation in the AI data ecosystem. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What is Grass.io? Grass.io is a decentralized platform that rewards users with cryptocurrency for participating in environmental sustainability activities.

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[unenouvelleobsession]

Solana taps Filecoin for enhanced decentralized data storage and access

Developers and data providers can expect smoother scalability and easier access.

Filecoin announced on Friday that it has integrated with Solana to enhance the reliability and scalability of the Solana blockchain. As part of the partnership, Solana will leverage Filecoin’s infrastructure to improve data redundancy, scalability, and security while reinforcing Solana’s commitment to decentralization.

In a post on X, Filecoin highlighted the importance of this partnership, noting:

Filecoin, often described as an “Airbnb for files,” is a decentralized storage service aimed at safeguarding humanity’s most crucial data. Unlike traditional data storage systems, decentralized storage solutions like Filecoin offer more secure, resilient, and cost-effective storage options. These networks not only democratize data storage, allowing a broader range of businesses to participate in the data economy but also significantly reduce the costs associated with data storage.

The integration with Solana is part of Filecoin’s broader initiative to expand its footprint in the blockchain space. The firm has already established key partnerships with giants, including Google Cloud, to promote decentralized storage as a foundational layer of the blockchain industry.

The Solana blockchain has recently caused controversies surrounding its decentralization credentials, particularly following its five-hour outage earlier this month due to a bug-induced infinite loop. This incident stalled validators at a specific block, reminiscent of nearly two-day downtime in April 2023.

According to the latest update, the Solana team deployed a fix, addressing the bug and preventing such loops. Validators were informed to upg

rade to the latest software to avoid losing delegation status on the Solana blockchain. Despite the pause, the Solana’s token (SOL) maintained their value. At the time of writing, SOL is trading around $112, up almost 3% in the last 24 hours, according to data from TradingView.

[bitcoincables]

Bitcoin and Crypto Prices Surge as Biden Declares "Crypto Emergency"

Bitcoin and other cryptocurrencies like Ethereum, XRP, and Solana have experienced a sudden surge in price after the Biden administration declared a "crypto emergency." The price of Bitcoin reached approximately $45,000 per bitcoin, leading to an upward trend in other cryptocurrencies. Federal Reserve chair Jerome Powell's remarks about the crypto market also influenced this movement. Analysts have identified a signal that has historically been successful for bitcoin and crypto traders since 2015.

"We are three days away from the start of the Chinese New Year, and historically, when bitcoin was bought three days before and sold ten days after the Chinese New Year, the average return has been 11% for a two-week holding period," explained Markus Thielen, head of research at 10x Research. This pattern has been consistent, with deviations in 2019 and 2021 when bitcoin returns were 3% and 24% respectively. Thielen predicts that the bitcoin price will reach $52,000 by March and potentially surge to $70,000 by the end of the year. The rise in bitcoin's price is also attributed to various factors such as the expected Federal Reserve interest rate cut, the launch of US spot bitcoin exchange-traded funds (ETFs), an investment exodus from China, and the upcoming halving supply cut in April.

The cryptocurrency market is showing signs of growth once again. CoinLedger CEO David Kemmerer stated, "It's clear that the cryptocurrency market is growing once again... This latest rebound highlights the resilience of the industry." According to research, the average crypto investor made nearly $900 in 2023, compared to an average loss of $7,000 in 2022. The rebound follows the collapse of FTX, which resulted in a free fall of asset prices within the crypto ecosystem.

Read the original article on Forbes.

Hashtags: #bitcoin , #cryptocurrency , #ethereum , #bitcoinprice

[icodesk]

Solana’s New Tools Set to Revolutionize Crypto Gaming Industry

Game On: Solana’s Latest Tools Like GameShift Turbocharge Crypto Game Development

Solana Labs has officially unveiled the beta release of GameShift, an innovative platform designed to streamline the development of blockchain-powered gaming experiences on the Solana network. Originally announced in July, GameShift introduces a unified API (Application Programming Interface) that simplifies the intricacies of blockchain technology, enabling game developers to concentrate on game creation rather than grappling with blockchain coding.

Davis Hart, the Product Lead at GameShift, emphasized the value of this approach, stating, “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development. Even more importantly, developers can provide a Web2-friendly experience to gamers, easing the common Web3 frictions that can deter user acquisition and engagement.”

GameShift functions by abstracting the intricacies of blockchain implementation, thereby eliminating the need for in-depth blockchain expertise. The platform facilitates various features, including digital asset listings, in-game marketplaces for asset trading, and the ability to execute credit card transactions for in-game purchases in USD. GameShift’s primary goal is to enhance the adoption of blockchain-based gaming experiences by simplifying the technical obstacles that have historically hindered the development and utilization of Web3 games.

Powered by Solana Labs, the platform has garnered support from ecosystem partners Crossmint, Coinflow, and Metakeep. GameShift’s beta release was strategically timed to coincide with Breakpoint 2023, Solana’s annual developer conference hosted in Amsterdam.

The introduction of tools like GameShift to the crypto gaming industry promises to revolutionize the way blockchain technology is integrated into gaming experiences. Here are several ways in which these tools will bring about significant changes:

Simplified Blockchain Integration: GameShift and similar tools abstract the complexities of blockchain technology, making it easier for game developers to seamlessly integrate blockchain features. This simplification reduces the barrier to entry for game developers who may not have extensive experience with blockchain.

Enhanced Game Development: By handling blockchain intricacies behind the scenes, these tools enable developers to allocate more time and resources to the actual development of the game. This results in more refined and feature-rich games.

Web2-Friendly Experiences: GameShift focuses on providing a Web2-friendly experience for gamers. This is crucial because traditional gamers may be deterred by the complexities associated with Web3. By offering a more familiar and user-friendly environment, these tools can broaden the appeal of blockchain gaming.

Streamlined Asset Listings: These platforms facilitate the creation of digital asset listings within games. This is a game-changer as it allows players to have true ownership of in-game assets, which can be traded, sold, or used across different games.

In-Game Marketplaces: GameShift and similar tools enable the implementation of in-game marketplaces where players can trade assets. This fosters a dynamic in-game economy and enhances the overall gaming experience.

Traditional Payment Options: The ability to execute credit card transactions for in-game purchases, denominated in USD, is a significant feature. This caters to gamers who are accustomed to traditional payment methods and may be hesitant to adopt cryptocurrencies.

User-Friendly Onboarding: Simplified blockchain integration and user-friendly experiences reduce the learning curve for gamers. This results in quicker onboarding and a more intuitive gaming experience.

Greater Accessibility: By eliminating technical hurdles, these tools make blockchain gaming more accessible to a wider audience. This inclusivity can drive mass adoption of blockchain-based games.

Developer Support: Ecosystem partners and organizations that support these tools offer valuable resources, expertise, and guidance to developers. This support can lead to more innovative and high-quality games.

Industry Growth: The combination of simplified development, user-friendly experiences, and greater accessibility is expected to drive significant growth in the crypto gaming industry. As more developers and players enter the space, the industry will continue to expand.

In conclusion, tools like GameShift are poised to revolutionize the crypto gaming industry by making blockchain integration more accessible, user-friendly, and efficient. As a result, both developers and players stand to benefit from a new era of innovation and adoption in the world of blockchain gaming.

[metamoonshots]

Within the dynamic world of SocialFi, the place the battle for supremacy is relentless, a sure Buddy.Tech consumer made waves by dumping 850 ether (ETH) value of keys on Monday. This transfer was adopted by a change to a rival platform, New Bitcoin Metropolis (NBC), a social app constructed on the Bitcoin blockchain. NBC Surges as Buddy.Tech Sees Outflows This improvement comes at a important level for Buddy.Tech, which, whereas initially a trailblazer within the SocialFi area, is now dealing with stiff competitors as newer alternatives emerge, with functions like New Bitcoin Metropolis quickly gaining floor. Over the previous two days, a number of distinguished customers, together with NFT influencer Pranksy and the consumer Vombatus, as soon as the holder of the platform’s most dear key, determined to liquidate their belongings on Buddy.Tech and make the transition to NBC. https://t.co/1jbIeGsrEo Shameless shill… i like @NewBitcoinCity one of the best of all of the SocFi apps proper now and the vibes are enjoyable. I feel we see a brand new meta the place https://t.co/HgSc6IDYWN and NBC are the leaders of the SocFi area. — Vombatus (@Vombatus_eth) October 19, 2023 In response to pockets data, Vombatus, identified by the identical title on each platforms, pocketed roughly $1.5 million after promoting 176 keys. Notably, Vombatus nonetheless holds possession of 150 keys. The mass migration to NBC has led to vital modifications within the panorama. NBC skilled an inflow of roughly $1 million prior to now day, pushing its complete worth locked (TVL) above $3 million, in line with DeFiLlama – in the meantime, Buddy.Tech noticed outflows totaling round $2 million over the previous two days. Buddy.Tech Faces Rising Risk as New Alternatives Emerge Buddy.Tech, identified for enabling customers to grant entry to closed group chats by way of keys, noticed speedy development after launching in August. Inside three weeks, it generated hundreds of thousands in income from over 100,000 customers, inspiring imitations on different networks as newer alternatives surfaced. As such, Buddy.Tech’s preliminary growth wave has stalled. Platforms like NBC are rising as formidable contenders. New Bitcoin Metropolis, a gaming and commerce platform that operates on Bitcoin, was launched in early August. It hosts quite a lot of informal, board, and technique video games accessible on internet and cellular platforms. The platform additionally incorporates a native market and an public sale home for Non-Fungible Tokens (NFTs). A developer from New Bitcoin Metropolis, generally known as @punk3700, declared their intention to increase Bitcoin’s usability past simply being a forex, expressing ambitions of venturing into Artwork, AI, and DeFi. Regardless of Bitcoin’s restricted use in Decentralized Finance (DeFi) functions, primarily by way of tokenized variations on different chains similar to Ethereum or Solana, the latest “Bitcoin Request for Remark” (BRC-20) requirements have allowed builders to concern tokens and construct DeFi functions on Bitcoin. This has led to digital art work and meme cash primarily based on Bitcoin in latest months. SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Provide: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.

[cryptophillia]

Why Solana (SOL) Is Bullish Today 2023?

Why Solana (SOL) Is Bullish Today 2023?

Solana (SOL) price has increased today. Solana price today is $16.04 with a 24-hour trading volume of $1,050,325,312. SOL price is up 20.4% in the last 24 hours. It has a circulating supply of 370 Million SOL coins and a total supply of 538197029.666616. If you are looking to buy or sell Solana, DigiFinex is currently the most active exchange. solana About Solana (SOL) Solana is a high throughput…

[cryptotechnews24]

Bitcoin's Ordinals: The Rising Force in the NFT Market

The NFT market is witnessing a fierce competition between blockchain networks, and Bitcoin's Ordinals have emerged as strong contenders poised to surpass Ethereum. With remarkable growth in sales and buyer market share, Ordinals have caught the attention of crypto enthusiasts. Enabled by the Taproot upgrade, these native NFTs on the Bitcoin network offer unique opportunities for creators and collectors alike. As we explore the rise of Bitcoin's Ordinals, we'll also delve into the competition from other blockchain networks in the ever-evolving NFT market.

Bitcoin's Ordinals: The Rising Stars of the NFT Market

Bitcoin's native non-fungible tokens (NFTs), known as "Ordinals," have emerged as a formidable contender in the NFT market, with indications that they may soon outperform Ethereum. Recent data from Crypto Slam reveals a remarkable surge in sales and active buyers, showcasing a staggering 129.50% growth in USD sales and capturing nearly 10% of the buyer market. Ethereum currently stands at the forefront of the NFT sector, boasting a total sales figure exceeding $24 million. However, the rapid ascent of Bitcoin's Ordinals suggests an impending shift in dynamics.

The Birth of Bitcoin's Ordinals

The concept of Ordinals gained significant traction since their inception in April 2023. These unique digital assets find their essence in being inscribed on a satoshi, which represents the smallest unit of Bitcoin. The introduction of the Taproot upgrade in November 2021 facilitated the creation of Ordinals by enabling data inscription on the Bitcoin network, akin to the creation of NFTs on other blockchain platforms. Since their launch, Ordinals have stirred excitement within the Bitcoin community, consistently setting new records for the number of inscriptions.

Competition in the NFT Market

While Bitcoin's Ordinals and Ethereum's NFTs dominate the NFT landscape, other blockchain networks have also made significant strides in this domain. Let's explore the notable players: - Solana: Holding the third spot, Solana exhibits robust sales growth of 44.61% with total sales reaching $1.2 million. Moreover, it captures an impressive 31.40% of the buyer market share, surpassing even Ethereum. - Polygon: Following closely behind in the fourth position, Polygon experiences a sales increase of 30.75%, amounting to $1.3 million. Its emergence as a prominent NFT platform showcases its potential for further growth and innovation. - BNB Chain: Securing the fifth position, BNB Chain achieves sales totaling $856,027, accompanied by a buyer market share of 7.54%. As a blockchain network that supports various applications, BNB Chain demonstrates its versatility and appeal within the NFT market. - Cardano: Despite occupying the sixth position, Cardano exhibits substantial sales growth of 36.22% and accumulates total sales of $346,115. With its focus on sustainability and scalability, Cardano holds promise as an emerging player in the NFT space.

Conclusion

Bitcoin's Ordinals are poised to disrupt the NFT market, displaying remarkable growth in sales and capturing a significant portion of the buyer market. Enabled by the Taproot upgrade, these unique digital assets have captivated the Bitcoin community with their inscription on satoshis. While Ethereum still leads the pack, the rising prominence of Bitcoin's Ordinals indicates an imminent power shift. Furthermore, other blockchains such as Solana, Polygon, BNB Chain, and Cardano have made notable strides, contributing to the diversification and evolution of the NFT market. As the NFT landscape continues to evolve, it presents exciting opportunities for artists, collectors, and blockchain enthusiasts alike. For more articles visit: Cryptotechnews24 Source: u.today

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[ailtrahq]

Navigating the vast landscape of the 2023 cryptocurrency market can feel like traversing a dense forest in search of rare treasure. Among the staggering 22,000 cryptocurrencies vying for attention, only a select few truly stand out as potential powerhouses. The secret sauce? Looking for projects that aren’t just trending but also offer real-world utility and a promising future trajectory. In this article, we’ll spotlight the top five cryptos for October 2023 that, in our view, strike the right balance between potential returns and solid fundamentals: Shiba Memu (SHMU): Using AI To Lead the Meme Coin Pack Chancer (CHANCER): Giving Bettors the Freedom to Create Custom Betting Markets AltSignals (ASI): Using AI to Push The Boundaries of Possibility for Trading Signals Metacade (MCADE): The Ultimate Online Cryptocurrency Arcade Solana (SOL): Offering Unparalleled Security and Transaction Speed Join us as we delve deeper into what makes each of these digital assets noteworthy investment opportunities. Shiba Memu: Using AI To Lead the Meme Coin Pack Shiba Memu is a unique meme coin that stands out in the crowded crypto market as a project with the potential to lead the pack over the coming years. What sets it apart? It’s the use of artificial intelligence (AI) to analyze huge amounts of data, crafting its marketing campaigns in response to the latest assessment of the market. Instead of relying on traditional methods, Shiba Memu’s AI adjusting its marketing strategies based on current market trends and events gives it a huge advantage over the competition. It’s a pioneering approach that looks set to redefine the way that projects leverage AI. Shiba Memu is the first meme coin to adopt it — making the project’s presale incredibly appealing. Why buy Shiba Memu? Shiba Memu combines the best of technology, using tools like natural language processing and machine learning, and pairs them with blockchain’s secure foundation. This blend gives SHMU a real edge for growth in the upcoming market cycles, and many are predicting that this project could plot a path similar to Dogecoin — producing life-changing gains for early investors in the process. And the best news for potential investors: the project’s presale is still on. With an extended ICO duration and a host of exciting activities planned, SHMU is shaping up to be a standout potential crypto investment for 2023. Chancer: Giving Bettors the Freedom to Create Custom Betting Markets Chancer is revolutionizing the online betting world, leveraging the massive benefits of a decentralized approach to give bettors the freedom to create custom betting markets. This ensures an enhanced and personalized betting experience and sets Chancer apart as it empowers its users — instead of big bookmakers. The platform’s CHANCER token serves as the gateway for users to shape betting markets, place wagers, and claim rewards, and as the iGaming industry is projected to grow with a CAGR of 11% from 2023 to 2028, Chancer’s innovative peer-to-peer model, backed by smart contracts, positions it for huge success in this expanding market. Why buy Chancer? The Chancer project is carefully designed, meaning that events of all sizes — from presidential elections to small bets among friends — are catered for, which shows the massive potential.  Investor interest in Chancer’s ICO is mounting. This is due to its groundbreaking decentralized betting model, an extremely popular presale, and savvy marketing, including a notable $100,000 prize giveaway. With its unique approach in a prosperous sector, Chancer stands out as a prime potential crypto investment choice today. It’s time to take note. AltSignals: Using AI to Push The Boundaries of Possibility for Trading Signals Founded in 2017, AltSignals has built up an incredible reputation as the leading trading signals platform in the space. Their recent foray into the crypto has been marked by the introduction of their ASI token, with this launch signifying the platform’s

evolution through the integration of AI capabilities as they continue to push the boundaries of what is possible for trading signals. The cutting-edge AI/blockchain trading system they’re developing, named ActualizeAI, is touted to have the ambition of an impressive accuracy rate of over 80% for market predictions. Why buy AltSignals? The real draw of the ASI presale is the huge potential for incredible buying pressure on the ASI token — skyrocketing the price — as traders realize that it provides a huge competitive edge that they cannot be without. With AI-enhanced cryptocurrencies expected to dominate the narrative in the upcoming bull market, ASI stands out as one of the top contenders for the best cryptocurrency investments of 2023. Metacade: The Ultimate Online Cryptocurrency Arcade Metacade has made a splash in the GameFi arena following its impressive ICO debut earlier this year. This pioneering blockchain gaming protocol is on the path to establishing the ultimate online cryptocurrency arcade, and with Metacade offering its users opportunities for additional revenue through its play-to-earn model, investing in MCADE could make the most of the blockchain gaming industry’s upward trajectory. Why buy Metacade? Elevating the blockchain gaming experience, Metacade presents a fusion of Web3 capabilities and its innovative play-to-earn model powered by its MCADE token. Unlike any other GameFi platform, Metacade unlocks an unparalleled range of Web3-driven functionalities. For example, players can amass MCADE tokens by engaging in Metacade’s arcade games, sharing game reviews, beta testing upcoming titles, and much more. Given its potential and innovative approach, the MCADE token is well-positioned for long-term appreciation as its user base inevitably grows, making it a contender for top cryptocurrency investments of 2023. Solana: Offering Unparalleled Scalability and Transaction Speed A powerful contender in the blockchain space, Solana was introduced in 2020 as a high-performance cryptocurrency platform. Solana’s distinctive architecture, which uses the Proof of History (PoH) consensus, allows it to achieve unparalleled scalability and transaction speeds, setting it apart from many other blockchains in the market. Why buy Solana? Solana’s commitment to scalability and low transaction costs makes it a preferred choice for developers building decentralized applications and projects. Even though it’s relatively new, SOL has gained rapid recognition and adoption due to its unique technological framework and growing ecosystem. Given these attributes, Solana solidly earns its place on the list of top cryptos to consider investing in for 2023. The final word: What is the best crypto in 2023? It’s clear that all of our best cryptos listed are great opportunities. The platforms mentioned above, including Shiba Memu, Chancer, AltSignals, and Metacade, could be some of the best-performing cryptos for the rest of 2023 and beyond. 

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Is Solana a Good Investment?

Solana Price in USD Article Coverage: Solana Price Performance, Latest Solana News, Solana Technical Analysis, Latest Video, Is Solana a Good Investment? Why did Solana Crash? Solana Price Prediction 2023-2030 Solana Price Performance, June 24th Last 5 days:+3.7%, Underperformer* Last 1 month: -18.1%, Outperformer Last 6 months: +71.9%, Outperformer Last 1 year: -57.7%, Underperformer *Vs…

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A Look At Blurs New NFT Lending Protocol Blend

A Look At Blur’s New NFT Lending Protocol, Blend https://bitcoinist.com/a-look-at-blurs-new-nft-lending-protocol-blend/ Despite what many would likely describe as a ‘dry’ NFT market lately, Blur (and marketplace competitors) aren’t pressing the brakes on building out new products and features. Case and point this week comes courtesy of a new NFT lending protocol from the team at Blur, called Blend. The new platform has quickly garnered mixed reviews (no pun intended) from the NFT community – with outspoken advocates and equally as loud critics. It Was All A Blur The newest ‘kid on the block’ in the NFT space was brought to market in partnership with venture capital player Paradigm back in November 2022, and has quickly gained market share during a tumultuous market over the past ~6 months. The arguable market leader, OpenSea, has faced increased product pressures, and other competitors have faced challenges as well. In fact, it was Blur’s move to aggressive market 0% trading fees that led OpenSea to do the same in recent months; meanwhile, competitors have had their own respective challenges: MagicEden has largely slowed in growth after expanding support beyond Solana, Rarible seems to be pivoting to more of a white-label approach (exhibited by the firm’s work with toymaker Mattel lately), and other NFT marketplaces have at the very least been experiencing a drying market throughout. It’s no easy road paved ahead for marketplace operators in this space. Regardless, Blur’s new peer-to-peer lending protocol Blend was launched to start the month of May and while not providing a completely new product – it’s one that has quickly garnered mixed reviews, especially considering Blur’s quickly-gained influence in the space. Why Boast The Blend Blend opens the already ajar door to NFT lending, allowing owners of big-dollar NFTs to utilize them as collateral. It’s that unique mix of NFTs and DeFi that many have spoke about, but that hasn’t hit the market at scale. Unlike many other smaller NFT lending platforms that we’ve seen hit the market to date, Blend actually offers no expiries, and to the same tune as Blur, no fees collected from borrowers or lenders. So, what’s all the fuss about? Not everyone is a fan of Blur’s latest announcement, but critics’ reasoning varies. Some of have cited concerns of price manipulation, others have cited money laundering and some believe that the benefits will largely only be left to whales. The end all at the time being is that no one really knows what the impacts of Blend will really be. For those interested in learning more, you can read the full Blend whitepaper here. via Bitcoinist.com https://bitcoinist.com May 02, 2023 at 06:00PM