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FLOKI's gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable? Bitcoin's (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins , including Floki (FLOKI), which has beaten its top rivals in percentage gains. FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launch As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five months. The memecoin, known for its controversial marketing tactics, started rallying after New York-based Grayscale Investments filed for a new spot Bitcoin exchange-traded fund (ETF) on NYSE Arca, as shown below. FLOKI/USD daily price chart. Source: TradingView Looking at the past 24 hours, FLOKI's gains have picked an additional boost from the launch of its tokenization platform, TokenFi, with its own native token, TOKEN, on Oct. 27. Notably, users will be allowed to stake their FLOKI holdings to receive TOKEN. $FLOKI is launching staking and a new tokeniz...

In the realm of content creation, three key factors hold great importance: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of textual information. Burstiness, on the other hand, measures the diversity and variations in sentence structures. Lastly, predictability quantifies the likelihood of successfully predicting the next sentence in a given context. Human authors tend to inject a healthy dose of burstiness into their prose, balancing longer, complex sentences with shorter ones. AI-generated text, in contrast, often leans towards uniformity. So, as you embark on the task of crafting the follow ing content, we’ll need to infuse it with a substantial degree of perplexity and burstiness while minimizing predictability. And let’s not forget, the language of choice here is English. Now, let’s rework the provided text: Presently, Bitcoin has witnessed a staggering 74% surge, catapulting its value beyond...

In a decisive move, Bitcoin (BTC)  transcended the $28,000 threshold on Monday, October 2, breaking free from its weeks-long consolidation within a constrained trading range. This notable ascent signifies a substantial upswing for the cryptocurrency, marking its first foray beyond the $28,000 mark since the middle of August. This impressive breakthrough was spurred by BTC’s triumphant breach of a pivotal resistance level, capping off a month-long phase characterized by strategic accumulation among crypto investors.  As the crypto market continues to evolve, traders and investors are now turning their attention to sophisticated machine learning algorithms, particularly those specializing in PricePredictions . The objective is to leverage these advanced tools in scrutinizing Bitcoin’s trajectory towards the end of October, with a keen eye on the prospect of surpassing the formidable $30,000 resistance level once again. Interestingly, the AI tools are forecasting...

Ethereum core developers have included EIP-7514 in the upcoming Dencun upgrade . This proposal slows the growing ETH staking while allowing developers to explore long-term solutions for unchecked staking. EIP-7514 is an Ethereum Improvement Proposal co-authored by Tim Beiko and Dapplion that is meant to slow down the rate of Ether (ETH) staking.  The proposal is part of Ethereum’s Dencun upgrade slated for activation in October 2023, and it is essentially an attempt to buy the community time to come up with a more practical reward scheme for stakers on the network. Next up, we continued a conversation from last week's ACDC call, about whether to add a constant cap to the validator activation queue. The proposal had since then been formalized as EIP-7514: https://t.co/sd4D4GlMRY — timbeiko.eth ️ (@TimBeiko) September 14, 2023 According to some Ethereum developers, if the pace of staking remains unchecked, it will be possible to witness half of all ETH staked by May 2024,...

The New York Department of Financial Services (NYDFS) unveiled on Monday, September 18, revised regulations pertaining to its supervision of virtual currencies, concurrently eliminating Ripple (XRP) from its roster of permitted cryptocurrencies. In the recent update, the DFS has excluded a number of cryptocurrencies, such as XRP, which is associated with Ripple, and Dogecoin (DOGE), from its approved list of digital tokens and coins.  The omissions align with revised rules aimed at providing clarity about the department’s criteria for listing and delisting regulated firms in the cryptocurrency market. DFS press statement  DFS Superintendent Adrienne Harris issued a press statement detailing new procedures for listing tokens.   Cryptocurrency Machine learning algorithm sets XRP price for October 1, 2023 Cryptocurrency Missing F-35 fighter jet is worth this much Bitcoin Cryptocurrency Brad Garlinghouse: ...

The TON Foundation and Telegram announced together, on September 13, the launch of a new crypto wallet called TON Space, made for Telegram users to connect to The Open Network ecosystem, governed by the native token Toncoin (TON) — which has surged over 10% in the last 24 hours. This move intends to onboard over 30% of the total Telegram user base by 2028. Interestingly, the leading messaging platform for cryptocurrency enthusiasts is estimated to have around 700 million monthly active users. Andrew Rogozov — CEO of The Open Platform (TOP), responsible for TON’s development — believes this will pose a great opportunity for crypto adoption to increase, as it removes one of the huge barriers, in his opinion, that is users needing to create a wallet before interacting with the blockchain ecosystem. “First of all, you need to create a wallet. And usually, it’s a complex procedure, so the conversion to the installation of these wallets is very low… The second problem is that [website-b...

Bitcoin reckons with $26,000 with BTC price action at a crucial decision point heading into the first week of September. Bitcoin (BTC) launches its first full week of September with BTC price action at a crossroads — can $26,000 return? After a quiet weekend, the dust has appeared to settle on last week’s volatility as crypto markets return to “business as usual.” Bitcoin finds itself lingering in familiar territory, but without a trend, traders and analysts remain undecided as to its next moves. There is certainly no shortage of downside BTC price predictions — $25,000, $24,750 and even $23,000 have all become popular targets in recent weeks. Bulls, on the other hand, are thought to have a more difficult task on their hands in winning back market momentum. WIth network fundamentals due to consolidate recent gains of their own and macro markets quiet, the question as to whether September 2023 will be a classic month of single-digit losses for BTC/USD is now a talking point. Cointelegr...

Bitcoin exchanges see the largest one-day exchange BTC inflow since the Silicon Valley Bank collapse. Bitcoin (BTC) returned to exchange s en masse on July 27 in a sign that “major volatility ” could come next. According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs. Trader warns of BTC price volatility “spike” BTC price action continues to linger below $30,000, and traders have consistently warned that further downside could come next. At current levels, Bitcoin’s largest-volume investor cohort, the whales, appear to be in a state of flux in an unclear market. Now, with large tranches of coins on the move in recent days, attention is focusing on entities sending funds to exchanges — with the implication that selling pressure could increase as a result. As noted by market observers, including James Straten, research and data analyst at crypto insights firm CryptoSlate, over 10,000 BTC in inflows on a single day represented th...

Content creator KryptosChain explains why a project’s roadmap and token price are important to its success, as well as the upgrades to the Polkadot ecosystem that excite him most. In the latest episode of Market Talks , show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to discuss the current state of the crypto market and drastic changes taking place in the Polkadot ecosystem.  According to KryptosChain, the crypto market is possibly rounding the last corner of the bear market, and across the space, sentiment and money flow are steadily beginning to improve. “Overall, I do think the market sentiment right now is hype-driven, but hopefully, we can change that with enterprise adoption and through the eventual approval of a spot Bitcoin ETF” He added that, “In my opinion, I think the Bitcoin halving next year will be the main driver for the start of a new bull market, because of its history, and people base the mark...

3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout. Ether’s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this brief price pump, Ether’s (ETH) journey below $1,920 was initiated on April 21, over 30 days ago. One can likely blame the Ethereum network’s $8.80 average transaction fee for investors’ diminished appetite, but the macroeconomic environment has also played an important role. On May 22, JPMorgan Chase CEO Jamie Dimon said it is impossible to predict the outcome of the Federal Reserve’s monetary policy, designed to curb inflation. As CNN reported, Dimon added: “You’re already seeing credit tighten up because the easiest way for a bank to retain capital is not to make the next loan." The uncertainty surrounding the United States debt ceiling standoff between Joe Biden’...

Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.” A freshly unsealed indictment has charge d five individuals with “conspiring to manipulate the market” in relation to an alleged scheme involving the ERC-20 Hydro (HYDRO) token. An April 24 statement from the United States Department of Justice (DOJ) said the indictment charge d three people for conspiring to manipulate the market for Hydro. Two other individuals were separately charge d for their roles in the scheme . The DOJ alleges that from June 2018 through April 2019, Michael Ross Kane, the former CEO of Hydrogen Technology Corp., Shane Hampton, Hydrogen’s chief of financial engineering and George Wolvaardt defrauded market participants looking to trade the Hydro tokens Hydrogen issued. Five Individuals Charged in $2M Virtual Asset and Securities Manipulation Schemehttps://t.co/qLrHjkTKlY — Criminal Division (@DOJCrimDiv) April 24, 2023 According to the in...

Can Ripple pull off a win against the SEC? XRP price has been seeing moderate gains despite a general cryptocurrency market pullback. XRP price extended its gains on March 9, rising around 1.5% to $0.40, despite a general downturn in the cryptocurrency market.   XRP price four-day winning streak The rally in the XRP/USD pair started on March 5 with the XRP market capitalization gaining over 10% in the past four days. XRP/USD daily price chart. Source: TradingView In contrast, the entire crypto market's cap has dropped by about 5% in the same period, with top coins Bitcoin (BTC) and Ether (ETH) losing by 4.5% and 4%, respectively. Ripple scores early win versus SEC  XRP's gains appear as investors pin their hopes on Ripple winning its long-running courtroom battle against the United States Securities and Exchange Commission (SEC). On March 6, U.S. District Judge Analisa Torres issued a ruling on motions filed by Ripple and the SEC to exclude the comments of expert witnesses fro...

BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to say that the more experienced traders expected some sort of technical correction.  What was unexpected was the SEC’s Feb. 9 enforcement against Kraken exchange and the regulator’s announcement that staking-as-service programs are unregulated securities. The crypto market sold-off on the news and given Kraken’s decision to close up 100% of its staking services, traders are concerned that Coinbase will eventually be forced to do the same. The real question is, does this week’s price action reflect a change in the trend of bullish momentum seen throughout January, or is the “staking services are unregistered securities” news a simple blip that traders will disregard in the coming...

Join Our Telegram channel to stay up to date on breaking news coverage Threshold (T) surges 94% on potential Coinbase listing, Tezos (XTZ) approaches ‘Mumbai’ upgrade, Snowfall Protocol (SNW) shocks crypto community with its price gains The crypto market is in a constant state of flux, with new protocols and platforms emerging all the time. Thus, it can be difficult to keep up with all the latest developments, let alone decide which protocol is the best investment. Snowfall Protocol (SNW) is the newest addition to the market, but it’s already making waves in the crypto community. In this article, we will discuss the latest updates of Threshold (T), Tezos (XTZ), and Snowfall Protocol , and why SNW is a better long term investment. Threshold (T) price soars but can decline after today Threshold’s potential inclusion on the Coinbase worldwide exchange was signalled when the company revealed plans to list its T currency. The listing of Threshold (T) on Coinbase has been...