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@ridkid

21 Following
7 Followers


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@ridkid
Claiming my @socialtoken airdrop and crediting @billibash with my social airdrop
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@socialtoken Claiming my @socialtoken airdrop and @billibash with my social airdrop .
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KAMA or MAGA? Election polls but make it degen!
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Let's send it to the moon🌝
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Just minted 3 $RUN artcoins for free on artrun.io (@artrun-io), (a new artcoin launchpad built with @zora on @base)
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Ethereum’s price experienced a significant downturn this week, dropping 10% in just seven days. As of now, Ethereum is trading below $2,400, raising concerns about a potential deeper correction. Notably, analysts believe that another 50% decline could occur, with the price potentially falling to $1,200. This forecast is supported by the log regression model, which has accurately predicted sharp drops in the past.
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Visa, a payments technology company, has unveiled a new product named Visa Tokenized Asset Platform to revolutionize the banking sector, whereby banks can issue and manage fiat-backed tokens such as stablecoins on blockchains. VTAP, set to launch in 2025, represents a significant advancement in utilizing blockchain technology for everyday financial transactions. The platform will empower banks to carry out digital token operations, including minting, burning, and transferring stablecoins, as part of digital asset management strategies. Through VTAP, Visa will help promote higher efficiency and integration within the banks’ approach to supporting digital commerce and meeting customers’ growing needs for seamless and innovative solutions in the digital environment.
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The substantial drop in the crypto market today caused most assets—including Ethereum and Bitcoin—price drops. This bearish trend has also had an impact on the meme coin market; tokens like PEPE and FLOKI have seen considerable drop. Though both meme tokens seemed to be improving a little bit earlier in the week, right now they are among the worst performers during the past day
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Arbitrum One, the Ethereum Layer 2 optimistic rollup, has surpassed 1 billion transactions this week. This feat was accomplished by Arbitrum One within three years of its mainnet launch in August 2021. As of October 1st, Arbiscan recorded a total of 1.003 billion transactions. In comparison, Coinbase’s Layer 2 network, Base, has logged 755 million transactions so far, while OP Mainnet trails with 347 million.
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Solana (SOL) loyalists believe the blockchain is an Ethereum killer; hence, comparisons were bound to happen after Ether (ETH) slid to a three-and-a-half-year low against Bitcoin (BTC), last seen in 2021. The central question is whether Solana will hold its own against Bitcoin or lose ground similar to Ether. Analysts are divided about Solana’s next trending move. While some expect the price to decrease, others believe a breakout could be possible. In a Sept. 20 X post, veteran trader Peter Brandt said that Solana holding the $120 support could prepare it for a “sizable advance.”
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Memefi TGE is 9th of October you can join now and level up before then, all u need is spin don't fade🤘
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EthereumPoW (ETHW) is a blockchain that emerged after Ethereum shifted from its Proof of Work (PoW) model to the more energy-efficient Proof of Stake (PoS) system. In September 2022, Ethereum made a significant change known as The Merge, moving away from PoW, which relies on miners to verify transactions, to the PoS mechanism, which selects validators based on the amount of cryptocurrency they hold. This change was part of an effort to improve scalability and reduce the energy demands associated with PoW, which had come under scrutiny for its environmental impact. However, the transition raised concerns among miners about their future earnings. To address these concerns, EthereumPoW (ETHW) was created as a hard fork, keeping the original PoW system and continuing Ethereum's tradition of mining-based validation.
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Vitalik Buterin, Ethereum’s co-founder, discussed a critical social challenge within the Ethereum ecosystem: balancing decentralization with cooperation among its many projects. He stressed the importance of a unified approach to prevent the ecosystem from breaking up into numerous incompatible entities. Buterin took upon introducing the idea of Ethereum alignment to solve this problem. This alignment includes open-source development, minimizing centralization, and supporting public goods.
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Since the beginning of September, Ethereum has shown clear signs of recovery after a long period of decline. According to new data, ETH has risen by 4 %, surpassing the $2,600 mark. This increase, following a prolonged downtrend that began in March 2023, seems to be restoring investor confidence. Ethereum is reconnecting with positive momentum, and the market seems ready to push the price even higher. As a result, investors are now focusing on the $2,800 resistance, a crucial level that could pave the way for a more marked increase.
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Wake up! The first Neiro Pump @neiroxyz is here! Get ready for ultra bullish performance and invite your pups frens to unlock initial airdrops🪂 Join the woof socialfi party through my link: https://neiropump.com?ref=AUS57316SK ID: WuBZd9FgYw9ca6hN
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Ethereum mining fees could be a sign that the summer consolidation phase for crypto assets is coming to an end. Matrixport emphasized the importance of closely monitoring Ethereum revenues and mining fees to assess whether the recovery momentum is sustainable.
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As of September 26, Solana has the most positive net flows, beating all other chains. The net flows of Solana currently stand at $1.0B over 3 months. Solana had the third-highest inflow ($1.5B) and the seventh-highest outflow ($458.5M) to achieve an overall positive net flow. The data aggregator Artemis.xyz shows that while Solana is at the top of net flows, Ethereum is at the bottom with a negative net flow of $ -871.0M. Ethereum is at the top with a total inflow of $7.3B. However, Ethereum also has the highest outflows, reaching $8.2B, resulting in a net negative. Conversely, Solana ranks 3rd with an inflow of $1.5B and 7th with an outflow of $458.5M, placing Solana at the top.
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The U.S. Securities and Exchange Commission (SEC) has deferred its judgment regarding options trading for several spot Ethereum ETFs until November 2024. The postponement ensues after the SEC sanctioned options trading for BlackRock's spot Bitcoin ETF, accompanied by stringent rules to mitigate market manipulation. The SEC has extended the deadlines for these funds to November 10 and 11, 2024, in accordance with Section 19(b)(2) of the Securities Exchange Act. In July 2024, BlackRock's iShares Ethereum Trust was submitted to the Nasdaq ISE exchange, although Bitwise and Grayscale made analogous submissions through NYSE American LLC. The SEC's prudent stance on Ethereum ETFs highlights the necessity of thoroughly assessing the risks and ramifications of these financial instruments prior to their approval.
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I’m earning points and tokens on Revox Lense: https://lense.revox.ai/?inviteCode=RIAXT7. Use my invitation code RIAXT7 to get free READ Tokens and win Revox points with me! #Revox #Lense @ReadOnMe3
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Bybit Launches Shariah-Compliant Crypto Accounts for Muslim Bybit, a cryptocurrency exchange, has launched new crypto products that follow Islamic finance rules or Shariah, Bybit's Shariah-Compliant Crypto Accounts Bybit’s Shariah-Compliant Crypto Accounts, Source: Twitter On September 24, 2024, co-founder and CEO Ben Zhou announced the creation of a dedicated Islamic account, which would allow users to spot trade Shariah-compliant tokens, automated trading tools like a dollar-cost averaging (DCA) bot, and a spot grid bot. These tools are specifically designed to allow users to invest in a manner that adheres to the ethical and religious requirements of Islamic law. To assure compliance, Bybit worked with Zico Shariah, a Malaysia-based advising company that specializes in Islamic finance. According to Bybit, this partnership has allowed them to develop products that meet the stringent requirements of Shariah law, which governs permissible investments and trading practices for Muslims.
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