Pro-XRP Lawyer Answers if Coinbase Will End Support for Solana, Polygon and Cardano

Robinhood, an American trading platform, has revealed its plans to stop supporting certain cryptocurrencies. Effective June 27, 2023, at 06:59 PM (ET), Robinhood will no longer offer services for Cardano (ADA), Solana (SOL), and Polygon (MATIC). The decision was made after a review of the platforms cryptocurrency offerings.  Following the U.S. Securities and Exchange Commission (SEC) labeling several cryptocurrencies as unregistered securities, Robinhood, the trading app, has informed its users that they will no longer be able to trade the above-mentioned tokens on its platform.  Attorney Bill Morgan, who often shares interesting insights about the ongoing XRP vs SEC lawsuit, took to his Twitter handle to answer a query raised by Paul Barron.  You ask if @Coinbase is next to end support for these cryptos. Coinbase only ceases trading of assets that contain the letters XRP  — bill morgan (@belisarius2020) Hunyo 9, 2023  Paul wrote on Twitter, “@RobinhoodApp just ended support for @solana @0xPolygon @Cardano is @coinbase next for these assets – where will Americans decide to go? 1. Self Custody 2. Sell Tokens 3. Move Off Shore.”  Replying to Paul, Bill said, “You ask if @Coinbase is next to end support for these cryptos. Coinbase only ceases trading of assets that contain the letters XRP.”  This

2023-06-10Industriya

Bitcoin (BTC) Price Can Hit $50K by The End Of 2023 If This Historical Pattern Playout

Balita ng Ethereum ng Bitcoin  Following the Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase, Bitcoin (BTC), the leading cryptocurrency in the market, has recently shown a period of consolidation, trading without significant upward or downward movement.  However, even in the face of increasing regulatory pressures faced by the cryptocurrency market, analysts remain optimistic about Bitcoins future, projecting a gradual yet consistent rise in its price.  Dave the Wave, a well-known cryptocurrency strategist, predicts that Bitcoin could reach a value of $50,000 within a year or so if historical patterns repeat.  This positive outlook aligns with other positive sentiments in the cryptocurrency market, despite regulatory uncertainties.  Arthur Hayes said, “The wall of worry is being climbed, come with me on the $BTC bull market bus. We are still on struggle street , but the moon aint far away.”  Ang pader ng pag-aalala ay inaakyat, sumama ka sa akin sa $ BTC bull market bus. Nasa struggle street pa rin kami, pero hindi naman kalayuan ang buwan.  - Arthur Hayes (@CryptoHayes) Hunyo 6, 2023  In a recent video, Nicholas Merten, known as Data Dash, addressed the confusion surrounding Bitcoins current market behavior. With the crypto market in a state of flux, Merton acknowledged the

2023-06-10Industriya

SUSHI Swap Token Price Declines 17% In a Month, Will It Continue?

Balita ng Ethereum ng Bitcoin  Sushiswap is an automated market maker( AMM) which is very popular among crypto users. It was launched as a fork of Uniswap in 2020 with an aim to add additional features in the existing protocol. Sushiswap platform requires no registration to trade over 400 tokens. It has a liquidity of over $503 Million with a total of 41.5k trading pairs. Sushiswap was founded by pseudonymous people and the project also saw a great interest from Sam Bankman Fried.  SUSHI token has a total holder of 115878 which can see an increase in the future. SUSHI token unique senders and receivers has seen a slight surge in the past few weeks. Sushiswap has a TVL of $377 Million which has seen a decline from the highs of $2 Billion in 2022. The revenue of the protocol has also observed decline as per defilama. The median APY of the SUSHI is near 2.4% with $20.691 Million in staking.  Sushiswap has a market cap of $170 Million and is ranked 150th in the CMC. The volume of SUSHI tokens declined by 10% intraday. The V/M ratio of the asset price suggests a consolidation in price.  Will SUSHI Price See a Rebound Soon?  The

2023-06-10Industriya

Pagsusuri ng Presyo ng Bitcoin (BTC) para sa Hunyo 9

The cryptocurrency market has not decided yet which way to go, as the rates of some coins are rising, while others are falling.  Nangungunang mga barya ni CoinMarketCap  BTC USD  The rate of Bitcoin (BTC) has increased by 0.16% since yesterday.  Imahe sa pamamagitan ng TradingView  On the local time frame, the rate of Bitcoin (BTC) keeps trading in a narrow channel, between the support at $26,289 and the resistance at $26,778.  At the moment, there are no bullish or bearish signals, which means that there is a high chance to see ongoing consolidation in the range of $26,500-$26,700.  Imahe sa pamamagitan ng TradingView  On the daily time frame, the rate of Bitcoin (BTC) is accumulating energy for a sharp move. However, if the fall continues to the $26,000 zone and fixes below it, there is a high probability to see a test of the support at $25,270 soon.  Imahe sa pamamagitan ng TradingView  A better situation can be seen on the weekly chart, as the price has bounced off the mirror level at the $25,300 area. If the bar closes far from it, traders can expect a local correction to the $27,000-$28,000 area.

2023-06-10Bitcoin

Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?  Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, it is a sign that traders are looking to buy the dips rather than panic and dump their holdings.  ARK Invest CEO Cathie Wood has been buying the dip in crypto-related stocks since the SEC unleashed its recent crypto regulatory action. Wood purchased $21 million worth of Coinbase stock on June 6 and followed that up with a purchase of Block Inc. shares worth $19.9 million between June 7 and 8.  The resilience of the cryptocurrency space is supported by a risk-on sentiment. The U.S. equities markets are on a roll, with the S&P 500 rising above 4,300 on June 9, the first such instance since August 2022.  Can bulls sustain the recovery in the cryptocurrency markets, or will higher levels bring out the bears in large numbers? Lets study the charts

2023-06-10Ethereum

Vitalik Buterin Highlights 3 Key Transitions For Ethereums Success

Ethereum  Vitalik Buterin Highlights 3 Key Transitions For Ethereums Success  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum co-founder Vitalik Buterin recently shared his insights on three crucial technical transitions that he believes are vital for Ethereums continued success.   Layer 2 Scaling and Transaction Fees: Buterin emphasized the importance of implementing layer 2 scaling solutions to address rising transaction fees. He cautioned that without these solutions, Ethereum could face challenges during bullish periods, potentially driving users towards centralized alternatives.  Enhanced Wallet Security: In his blog post, Buterin stressed the significance of bolstering wallet security on the Ethereum network. He highlighted that potential security concerns might discourage users from storing their coins directly on Ethereum, leading them to rely on centralized exchanges instead.  Importance of Privacy and Data Security: Buterin also expressed concerns regarding data security and privacy on Ethereum. He underscored the need for strong measures to ensure user privacy, as the absence of such safeguards could deter users from adopting Ethereum.  Impact on Ethereum‘s Sustainability: The Ethereum co-founder warned that the failure to implement these crucial transitions could undermine Ethereum’s sustainability in the long run. He emphasized the importance of maintaining Ethereums decentralization, open nature, and permissionless access for all users.  Success of Taiko Layer

2023-06-10Ethereum

Buterin says Ethereum needs 3 critical transitions to ensure its survival

Ethereum  Buterin says Ethereum needs 3 critical transitions to ensure its survival  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack.”  Buterin added that these transitions must be executed “roughly simultaneously” to ensure success and if any of them fall short, then the network will likely fail due to certain fundamental issues that will arise as a consequence.  He made the statement in a June 9 blog post that revealed a new roadmap for the Layer-1 blockchain network, where he also discussed the critical issues plaguing Ethereums future that need to be addressed.  Sinabi ni Buterin:  “Its not just features of the protocol that need to improve; in some cases, the way that we interact with Ethereum needs to change pretty fundamentally, requiring deep changes from applications and wallets.”  Layer-2 scaling  According to Buterin, Layer-2 rollups solve a critical issue plaguing the Ethereum network — high gas fees. If users dont adopt rollups en masse, then gas fees will remain absurdly high, with a single transaction potentially costing more than $80 during a

2023-06-10Ethereum

Vitalik Buterin Unveils Three Transitions for Ethereum’s Growth

Vitalik believes that the three transitions are crucial for ensuring sustainability.  Ethereum needs to focus more on scalability, security, and privacy.  Vitalik Buterin, the co-founder of Ethereum, has revealed the three transitions that contain the roadmap for the three significant technical transitions. Vitalik believes that the three transitions are crucial for ensuring the sustainability and long-term success of the Ethereum blockchain.  According to the report, the three transitions are Layer 2 scaling, wallet security enhancement, and privacy measures.  Vitalik stated that the second-largest blockchain needs to focus more on scalability, security, and privacy. So ETH unveiled the three transitions to continue the evolution of a mature tech stack.

2023-06-10Ethereum

Uncertain forecasting on the price of Ethereum

Ethereum  Uncertain forecasting on the price of Ethereum  54 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  The recent shocks in the crypto market due to the SEC have not been able to dislodge Ethereums price from the lateralization band within which it has been hovering for months either: what is the forecasting?  By now this range is very compressed, so many are predicting that sooner or later it will have to come out of it. But there is a lot of uncertainty about the direction.  Price forecasting: the compressed band of Ethereum  After making +49% in the first two and a half months of the year, Ethereums price began a long phase of lateralization that is still ongoing.  The beginning of that phase can be traced back to 17 March, when it rose above $1,700.  Since then it has continued to fluctuate between $1,700 and $1,950, with a brief seven-day excursion around mid-April in which it reached as high as $2,100.  But if one analyzes the trend in recent weeks, the range has become even more compressed. Virtually since 13 May it has never fallen below $1,770, except for a very brief moment, and it has never again risen above $1,920, except for a very brief moment.  The average value

2023-06-10Ethereum

BRICS Will Snuff Out US, IMF and World Bank Hegemony, Says Cuban President Miguel Diaz-Canel

Tech  Aalisin ng BRICS ang Hegemony ng US, IMF at World Bank, sabi ni Cuban President Miguel Diaz-Canel  Balita ng Ethereum ng Bitcoin  Cuban President Miguel Diaz-Canel says the economic coalition known as BRICS could bring an end to the current world order dominated by the United States.  In a new interview with RT, Diaz-Canel says that BRICS offers a way out for countries that are being pressured into accepting the United States hegemonistic policies.  According to Cubas president, nations across the world are lining up to join BRICS as the economic bloc is on a mission to integrate the economies of developing countries.  Diaz-Canel also says that members of BRICS are proposing to give up the US dollar in the context of international trade. According to the President, BRICS nations are planning to move away from the dollar to avoid any potential sanction from the US and its allies.  Diaz-Canel says the opportunities provided by BRICS could eventually lead to a new world order, one that is not controlled by the US, the International Monetary Fund (IMF) or the World Bank.

2023-06-09Industriya
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