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Madenciler daha güçlü ASIC'ler sipariş etmeye başladı
Yeni ASIC'lerin (uygulamaya özel entegre devre veya "belirli bir uygulama için entegre devre") fiyatlarındaki keskin artışa rağmen, başta Amerika Birleşik Devletleri olmak üzere dünyanın dört bir yanındaki madenciler, bilgi işlem güçlerini artırmak için yeni ekipman stoklamaya başladı.
Bitcoin madenciliğinin artan maliyeti ve karmaşıklığı nedeniyle kripto madencilerinin daha güçlü ekipmana ihtiyacı oluyor. Cryptopotato portalına göre, BTC madenciliği için yeni ekipmanların toplam hash oranı 76,6 Eh/s olacak.
Madenciler tarafından 2024 yılının ilk çeyreğinde alınan ASIC'lerin toplam hash oranı 12,9 Eh/s; ikinci çeyrekte ise toplam 36 Eh/s hash oranına sahip devrelerin teslimatı bekleniyor. Bu bağlamda entegre devrelerin mevcut versiyonlarının maliyeti% 80-90 oranında keskin bir şekilde azaldı.
Madenciler aynı zamanda bilgi işlem gücünü kaybetmeden bitcoin madenciliğinin maliyetini azaltmak için bulut altyapısını kullanmanın ve dolayısıyla iyileştirmenin gerekli olduğunu söylüyor. Bu, dünyanın dört bir yanından ek kapasitenin kullanılmasına olanak sağlayacaktır.
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Over 45,000 Liquidated Traders as Bitcoin (BTC) Slides Below $62K and Meme Coins Bleed Out
More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again.
Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend.
Bitcoin/Price/Chart. Source: TradingView
CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies…
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Ecoinometrics recently released a report suggesting that the future growth of Bitcoin heavily depends on spot Bitcoin ETFs.
According to CryptoPotato, these funds have not been accumulating coins for over a month, which could potentially affect Bitcoin’s price in the future. From January to mid-March, spot Bitcoin ETFs accumulated 200,000 BTC, coinciding with Bitcoin’s surge from $40,000 to $75,000. However, the inflow of BTC into ETFs has since stopped, leading to a lack of price movement.The report indicates, ‘If…
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Empowering DeFi and Meme Coins Through Efficient Token Management
Introduction to Spider Swap and Solana Token Management
Spider Swap, a highlight within the Solana ecosystem, exemplifies the innovative wave of decentralized finance (DeFi) platforms leveraging Solana's blockchain advantages. This platform not only provides a space for swapping and staking tokens but also represents a broader movement towards more efficient blockchain operations and is also a Solana token manager, especially for meme coins and DeFi applications.
Spider Swap: A New Era for Meme Coins on Solana
Spider Swap's ascent in the meme coin market highlights the potential for Solana-based tokens to outperform their Ethereum counterparts. With a notable market cap and a growing base of unique holders, Spider Swap demonstrates the community's robust engagement and the increasing demand for alternative DeFi services (CryptoPotato).
Simplifying Token Management with Squads
The creation and management of Solana Program Library (SPL) tokens are streamlined through platforms like Squads. This tool provides an essential service for developers and teams, offering a user-friendly interface for token management tasks such as minting, burning, and transferring authority without requiring extensive technical skills (Squads - The Leading Solana Multisig).
Leveraging Solana's Token Swap Program
The Token Swap Program is a cornerstone for decentralized exchanges (DEXs) on Solana, including Spider Swap. It facilitates immediate token trading through liquidity pools and supports various trading curve models. This flexibility is crucial for maintaining efficient and dynamic trading environments on DEXs (Solana Docs).
Conclusion: The Future of DeFi on Solana
Spider Swap, along with tools like Squads and the Token Swap Program, represents a significant shift towards more scalable, cost-effective blockchain solutions. Solana's ecosystem, known for its fast transactions and low fees, is increasingly becoming a hub for innovation in the DeFi and meme coin sectors. As these platforms continue to evolve, they offer a glimpse into the future of blockchain technology—a future where efficiency, community engagement, and innovative token management practices drive growth and adoption.
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Galaxy Coin Futures Trading - Beginner's Handbook to Cryptocurrency Investments
Beginner’s Guide and Exchange Reviews for Galaxy Coin Futures Trading Platform (updated for 2024)
Galaxy Coin Futures is a leading cryptocurrency derivatives trading platform. It allows traders to use leverage and take both long and short positions.
Upon its launch, the Galaxy Coin futures trading platform ensures a trading experience that closely resembles spot exchanges, enabling users to transition seamlessly when needed. This, among other factors, contributes to its position as a leading futures trading platform.
The user experience is smooth, trading is relatively straightforward, and the supported cryptocurrencies are quite extensive.
In this guide, we comprehensively introduce the platform, how to use it, and all the essential information you need to know.
First, you need to register using this link, which incorporates our unique registration code. By doing so, you will receive a 10% discount on trading fees, as well as an exclusive $100 welcome bonus from CryptoPotato.
The $100 bonus will be disbursed as follows: $5 for registering and verifying your account, a deposit of $50 or more within 5 days for a $50 bonus, and a deposit of $100 or equivalent in trading volume for an additional $45 bonus (full terms apply).
What if I already have a Galaxy Coin spot account?
You can still enjoy a 10% discount on Galaxy Coin futures trading fees for the first month. You can also navigate to Galaxy Coin Futures and insert the code ‘Cryptopotato’ when using the futures platform for the first time. Here’s a screenshot:
Galaxy Coin launched its derivatives platform, Galaxy Coin Futures, in September 2019, which turned out to be a major catalyst for the subsequent significant growth of the company.
At the time of writing this article, the daily trading volume of Bitcoin futures on the platform far exceeds the trading volume of the BTC/USDT spot pair on the Binance main platform. This clearly indicates investor interest in derivative products.
The Galaxy Coin futures trading platform has established itself as a leading derivatives platform with a significant advantage, despite the increased competition compared to 2019.
Over the past few years since its launch, we have seen numerous tokens added, along with a plethora of features and tools, ultimately making it one of the most seamless, streamlined, and widely-used cryptocurrency derivatives platforms.
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CryptoPotato: Here’s How This Trader Turned 1 ETH into $59K in 11 Hours
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Bitcoin Price Recovers as Demand Remains Positive: CryptoQuant Report
Bitcoin’s price has rebounded after dropping to undervalued levels last week, according to a report from on-chain analytics platform CryptoQuant shared with CryptoPotato. The report suggests that BTC's price may have bottomed out, as short-term holders saw their unrealized profits fall to zero. On January 23, Bitcoin reached a two-month low of $38,000. Signs of undervaluation were observed in the negative Coinbase premium and miners being underpaid. The report suggests that a price rally may be imminent as unrealized profit margins falling to zero typically indicates a resumption of Bitcoin's upward trend.
Since bouncing back to the $43,000 level on January 29, there has been an increase in buy orders dominating the perpetual futures market as traders close their short positions in response to the price increase. This is evident in the rising taker buy-sell ratio, which hasn't been seen since early December. While Bitcoin is currently hovering around $42,100, the report predicts significant returns for the cryptocurrency in the second half of the year. The first half of a halving year is historically flat to slightly negative for Bitcoin.
Demand for Bitcoin remains positive, with whales accumulating and stablecoin liquidity remaining high. Whales have been increasing their holdings to levels last seen in December 2022. Furthermore, the outflows from the Grayscale exchange-traded fund (ETF) have eased, as buying from other products, especially those of BlackRock and Fidelity, offsets the sales. The total holdings of the other nine spot ETFs have reached new levels above 150,000. Stablecoin liquidity, particularly that of Tether (USDT), has also been positive, with a market cap reaching fresh highs of $96 billion.
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TL;DR
Shiba Inu has launched Shib Title Service (SNS) on Shibarium, its layer-2 platform, aiming to ascertain ‘Shibdentity’ for decentralized digital id administration with user-friendly, human-readable addresses.
The Shiba Inu crew highlighted that SNS is a totally decentralized system that enhances safety, person expertise, and is proof against censorship, placing management of digital identities again in customers’ arms.
Shibarium has beforehand seen vital exercise with over 3.5 million transactions and 1.3 million blocks, specializing in decreasing prices and growing transaction velocity for Shiba Inu’s ecosystem.
‘A New Period Begins for Shibarium’
The crew standing behind the favored memecoin – Shiba Inu – introduced the launch of Shib Title Service (SNS) on its layer-2 scaling answer Shibarium.
“The second has arrived, marking a milestone in our journey. With bated breath and anticipation, we proudly launch our bold enterprise, Shib Title Service, on Shibarium. It's our first step in the direction of constructing Shibdentity, a decentralized id platform that empowers customers to personal and management their digital identities,” the disclosure reads.
The characteristic was described as “a disruptor that brings one thing particular to the desk: human-readable addresses.” It permits individuals to simply handle their Shibarium addresses and ship tokens to associates and contacts utilizing their distinctive initials.
Subsequently, the Shiba Inu crew assured that the SNS is absolutely decentralized, enhances the general person expertise, supplies most safety, reduces errors, and is censor-resistant:
“In a world dominated by centralized methods, Shibdentity brings energy again to the individuals. With self-custodial login methods, you'll now not rely on third-party platforms. Whether or not it’s Web3-based pockets authentication or decentralized social logins, you might be in command of your digital id.”
Shibarium’s Earlier Achievements
The L2 blockchain answer, which was extremely anticipated by the SHIB group, formally went live on the finish of August and blasted by means of a number of milestones within the following months.
As CryptoPotato reported, the full transactions on Shibarium exceeded 3.5 million, whereas the variety of complete blocks topped 1.3 million.
The community’s foremost aim is to raise the memecoin above its rivals by reducing transaction prices and bettering velocity. Extra details about its specifics might be discovered within the video under:
[embed]https://www.youtube.com/watch?v=rYzZWZqXspo[/embed]
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Digifinex Labs: Is the Bitcoin (BTC) Price Rally Set to Continue in November?
Renowned crypto analyst PlanB has recently offered insights into the current state of Bitcoin, suggesting that November will serve as a critical accumulation period for BTC bulls ahead of the upcoming halving event scheduled for April 2024.
The analyst pointed out that the Stock-to-Flow (S2F) model’s fundamental principle is that scarcity drives the price of an asset, and each halving marks a significant reduction in the issuance of BTC, contributing to its scarcity.
The most recent BTC halving occurred in May 2020, a year that saw the global financial and economic system facing unprecedented challenges. Eighteen months later, in November 2021, BTC reached its peak at approximately $69,000. PlanB contends that this pattern has persisted over the years and is not mere speculation.
Prominent figures in the cryptocurrency space, including Binance’s CEO Changpeng Zhao (CZ), share the belief that halvings have a substantial impact on BTC’s price. As CryptoPotato previously reported, CZ has suggested that BTC achieves multiple all-time highs in the year following a halving, contrary to the common misconception of an immediate price surge.
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Avalanche-based social app Stars Arena has recovered almost all the assets it lost during a recent security breach.
According to an official update from the Stars Arena team, the hacker agreed to return the stolen $2.9 million in AVAX tokens for a 10% bounty and 1,000 AVAX lost in a bridge.
Stars Arena Recovers Lost Assets
CryptoPotato reported last week that Stars Arena lost its total value locked (TVL) via a security breach in its smart contract. Before the theft, hackers had attempted to exploit the platform but managed to escape with $2,000.
After the first exploit, the Stars Arena team claimed they had patched the issue, seeking to dispel the “coordinated FUD” that had engulfed the crypto community. The team noted that they were “at war” with the attackers as they were bent on throwing away money to steal users’ assets.
It is worth noting that members of the X crypto community had warned about Stars Arena’s base contract being faulty, asking users who had shares in the protocol to sell while they could because the project was bound to be exploited.
Others slammed the protocol for failing to copy the Ethereum-based social platform Friend.tech properly. However, Emin Gün Sirer, the CEO of Ava Labs – the company behind the Avalanche blockchain – debunked the multiple warnings and insisted that the issue had been fixed.
After all was said and done, Stars Arena was hacked again two days later, with the attackers siphoning $2.9 million of the project’s TVL and leaving only $0.5. Following the incident, the project’s team warned users to stay away from the site as it was under a distributed denial-of-service (DDoS) attack.
Attacker Receives 10% Bounty
Fortunately for Stars Arena, the perpetrator behind its TVL swipe reached out on October 11 with an on-chain message revealing they were willing to cooperate. The exploiter has returned 239,493 AVAX out of the stolen 266,104 AVAX, leaving 26,610 AVAX for themselves.
“We have recovered approximately 90% of the lost funds. We reached an agreement with the individual responsible for the recent security breach. The funds have been returned in exchange for a 10% bounty fee + 1000 AVAX that was lost in a bridge,” the Stars Arena team said.
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Bitmain Makes Substantial $53.9 Million Investment in Core Scientific to Boost Mining Ventures
According to CryptoPotato, Bitmain, a market leader in producing mining computers for digital currencies, has invested $53.9 million in Core Scientific, Inc., a prominent provider of high-performance blockchain computing data centers and software solutions.
The agreement between Bitmain and Core Scientific, Inc. to buy additional Bitcoin mining equipment and create a new hosting arrangement shows…
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Why is DOGE is Pumping and How High Can it Go?
With Twitter rebranding to X and Elon Musk posting the Dogecoin logo in his bio, the price was quick to react.
Key Support levels: $0.073
Key Resistance levels: $0.085
1. The Elon Musk Effect
The price immediately took to the upside when the market saw that the richest man in the world was promoting DOGE in his bio. Moreover, Elon plans to turn Twitter or X into one of the largest payment systems, which might also include cryptocurrencies. With that in mind, DOGE is one of the prime candidates for such a roll-out.
The Elon Effect
2. Momentum Turns Bullish
While most of the market is in red or trying to find support, DOGE entered a sustained uptrend. In the process, it turned the key resistance at $0.073 into support, and now the next target for this cryptocurrency will be found at $0.085.
Chart by TradingView
3. Sustained Buy Volume
The anticipation of Twitter’s rebranding has led to many speculators taking a position in DOGE in the past two weeks. Buyers dominated the chart in July, and these levels of buy pressure were last seen back in April when DOGE made a local high at 10 cents.
Chart by TradingView
Bias
The bias for DOGE is bullish.
Short-Term Prediction for ADA Price
With momentum picking up, DOGE might be able to reach its current target at $0.085. If that resistance will break as well, the road to 10 cents becomes clearer.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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TON Foundation Unveils Encrypted Messenger to Enhance User Security
TON Foundation, the non-profit organization responsible for The Open Network (TON), has revealed the integration of messenger encryption on the network. The primary objective of this implementation is to bolster user privacy by introducing essential safeguards for text messages sent within transactions. The recently added feature incorporates end-to-end encryption, ensuring that only the intended sender and recipient can access the content of the message. This significant enhancement to TON's platform aims to elevate security levels and provide greater peace of mind for the network's user community. As per the information shared with CryptoPotato, TON network charges a network fee of approximately 0.006 Toncoin (TON) per transaction for sending encrypted messages. This affordable price point is designed to ensure widespread
Read more on TON Foundation Unveils Encrypted Messenger to Enhance User Security
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CryptoPotato: Ethereum Breaks Records: January 2024 Staking Data Unveils Surge to 30 Million ETH
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Three Reasons Why Bitcoin Price Fell in January
In January, the price of Bitcoin experienced a decline due to several factors. Firstly, after months of anticipation, the SEC's approval of Bitcoin ETFs led to a market correction. Short-term traders had pumped up the price prior to the news and took profits afterwards, following the "buy the rumor, sell the news" strategy. This contributed to the correction in price.
Secondly, the overall sentiment for Bitcoin turned bearish due to tougher macro conditions, with a stronger dollar and escalating interest rates. This created a less favorable outlook for the cryptocurrency. Consequently, Bitcoin's price fell as a result of the prevailing bearish sentiment.
However, despite the decline, long-term investors who believe in the potential of cryptocurrency held onto their Bitcoin holdings as they anticipate further global adoption. They are convinced that the upside potential for Bitcoin is significant and choose not to sell. Overall, while the correction in January caused a drop in price, there are still expectations for a potential recovery in the future.
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In January, the price of Bitcoin experienced a decline due to several factors. Firstly, after months of anticipation, the SEC's approval of Bitcoin ETFs led to a market correction. Short-term traders had pumped up the price prior to the news and took profits afterwards, following the "buy the rumor, sell the news" strategy. This contributed to the correction in price.
Secondly, the overall sentiment for Bitcoin turned bearish due to tougher macro conditions, with a stronger dollar and escalating interest rates. This created a less favorable outlook for the cryptocurrency. Consequently, Bitcoin's price fell as a result of the prevailing bearish sentiment.
However, despite the decline, long-term investors who believe in the potential of cryptocurrency held onto their Bitcoin holdings as they anticipate further global adoption. They are convinced that the upside potential for Bitcoin is significant and choose not to sell. Overall, while the correction in January caused a drop in price, there are still expectations for a potential recovery in the future.
Read the original article on CryptoPotato
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Over 50% of BTC on Exchanges Have Moved Outside the US Due to Regulatory Uncertainty: Data
Due to unclear regulations in the United States, more than half of the bitcoin (BTC) that crypto firms hold for their customers has moved to offshore and international exchanges. According to a CryptoQuant research report shared with CryptoPotato , BTC reserves on U.S.-based crypto exchanges are down to 2017 levels, as they are being lost to non-U.S. platforms. Offshore Exchanges Dethrone US…
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