Vika (vika1213)

Bitcoin Soars To Unprecedented Heights, Breaking $125,000 Barrier Following a volatile September, Bitcoin has experienced a significant upswing in October, with its value soaring by over 9% this month, according to data from BeInCrypto Markets. The cryptocurrency’s latest milestone comes after it successfully turned the $120,000 level into a support base, setting the stage for a new all-time high. Recent analysis from BeInCrypto had predicted such a move for the cryptocurrency. Bitcoin’s record-breaking performance is a testament to its growing acceptance and adoption worldwide. The cryptocurrency’s ability to rebound from a turbulent September and achieve a new all-time high in October demonstrates its resilience and potential as a viable investment option. https://www.benzinga.com/crypto/cryptocurrency/25/10/48033619/bitcoin-soars-to-unprecedented-heights-breaking-125000-barrier

• 0 replies
• 0 recasts
• 1 reaction

The real arms race in Asia is block space, not TPS In pursuit of adoption, many Web3 builders are hyperfocused on a simple, seductive metric: transactions per second (TPS). Protocols have trumpeted numbers rivaling traditional payment rails, convinced that sheer speed is the holy grail to convert billions of users and major enterprises. While this is intuitively appealing, it is insufficient. Adoption, and its prerequisite utility, is ultimately about capacity, not speed. While TPS is undeniably important, the real arms race is not about the fastest race car but about robust, efficient, flexible and infinitely scalable mass transit systems. Financial applications often need speed, but compute-based applications require abundant, usable block space. This is the vision of Web3 as the world’s indispensable decentralized supercomputer. https://cointelegraph.com/news/asia-block-space-tps

• 0 replies
• 0 recasts
• 1 reaction

New CLARITY Act Draft Could Shield Bitcoin and Crypto Developers From Past Liability In the U.S. Senate Banking Committee’s most recent version of the CLARITY Act, Bitcoin and crypto developers would be protected from being charged with operating an unlicensed money transmitting business moving forward — and retroactively. On Friday, the U.S. Senate Banking Committee released its latest draft of the CLARITY Act (CLARITY), in which it proposes an amendment to 18 U.S. Code § 1960(a) stipulates that only crypto developers or providers that “knowingly exercise control over currency, funds, or other value that substitutes for currency” be treated as money transmitting businesses. https://bitcoinmagazine.com/legal/new-clarity-act-draft-could-shield-bitcoin-and-crypto-developers-from-past-liability

• 0 replies
• 0 recasts
• 2 reactions

Whales target new memecoins: Is it hype, or are OGs losing their edge? Twice this year, the memecoin market cap surged to $116 billion, capturing the attention of risk-hungry investors. Now, with the market 13% off those highs, the excitement has cooled – but not entirely. A few standout performers continue to defy the trend. Interestingly, these coins have more than just the “hype” working out for them. Whales adopt a more strategic approach The memecoin market is booming with over a thousand coins, all promising quick gains. Since DOGE first launched in 2013, the number of these tokens has only exploded, with celebrity-backed memes making headlines along the way. Clearly, everyone’s eager to jump in, but the real power still lies with the “saviors” or “accumulators” – the Whales, who continue to dominate the game. Nothing illustrates this better than the chart below. https://ambcrypto.com/whales-target-new-memecoins-is-it-hype-or-are-ogs-losing-their-edge/

• 0 replies
• 2 recasts
• 13 reactions

Bitcoin (BTC) Price Analysis: Fed Liquidity Plan Takes Center Stage in 2025 The world of cryptocurrency continues to evolve as Bitcoin faces both challenges and opportunities in early 2025. After reaching the milestone of $100,000 on January 6, Bitcoin experienced a notable pullback to $94,543, raising questions about market stability and future price movement. Arthur Hayes, a prominent figure in the cryptocurrency space and co-founder of BitMex, has shared his insights through a detailed blog post analyzing current market conditions. Hayes points to an upcoming Federal Reserve action that could reshape Bitcoin’s trajectory in the coming months. The Federal Reserve’s planned injection of $612 billion in fresh liquidity into the U.S. economy stands as a central factor in Hayes’s analysis. https://blockonomi.com/bitcoin-btc-price-analysis-fed-liquidity-plan-takes-center-stage-in-2025/

• 0 replies
• 1 recast
• 13 reactions

Ripple CTO Ends Speculations About XRP Centralization The debate surrounding Ripple, XRP Ledger (XRPL) and the possibility of XRP’s inclusion in a U.S. crypto reserve shows no signs of slowing down. The conversation, already charged with competing ideologies, took another turn when accusations of centralization were raised against Ripple. Some within the crypto community, particularly Bitcoin supporters, remain skeptical of XRP's structure, with prominent voices questioning Ripple’s role and influence. One of the loudest critics is Pierre Rochard, VP of Research at Riot Platforms, a major Bitcoin mining firm. He has argued that Ripple could theoretically fork the XRPL software, alter escrow locks, or even introduce trillions more XRP into the supply. For him, the control Ripple allegedly holds undermines any claims of decentralization and creates vulnerabilities in the ecosystem. Read more on U.Today https://u.today/ripple-cto-ends-speculations-about-xrp-centralization

• 0 replies
• 1 recast
• 12 reactions