crypto2023

Introduction

Pulse Chain (PLS) and Hex are both cryptocurrencies that have gained a lot of attention in recent times. While Hex has been around for a while and has proven to be a successful investment for many, Pulse Chain is a new player in the game that is generating a lot of buzz. In this article, we will explore three reasons why Pulse Chain (PLS) will perform better than Hex.

Faster and Cheaper Transactions

One of the main advantages that Pulse Chain has over Hex is the speed and cost of transactions. Pulse Chain is built on the Ethereum blockchain, which means that it benefits from the same speed and low transaction fees as Ethereum. On the other hand, Hex is built on its own blockchain, which has been criticized for being slow and expensive. With faster and cheaper transactions, Pulse Chain is likely to be more attractive to investors and traders.

More Secure Network

Pulse Chain is designed to be more secure than Hex. It uses the latest security protocols to ensure that transactions are safe and secure. Hex, on the other hand, has been criticized for its lack of security measures. This could be a major concern for investors who are looking for a secure platform to invest their money.

Community Support

Another advantage that Pulse Chain has over Hex is its strong community support. Pulse Chain has a large and active community that is dedicated to the success of the project. This community has helped to promote the project and generate buzz around it. Hex, on the other hand, has a smaller community that is not as active. This could make it more difficult for Hex to gain traction and compete with other cryptocurrencies in the market.

Closing Thought

In conclusion, Pulse Chain (PLS) has several advantages over Hex that make it a more attractive investment option. With faster and cheaper transactions, better security measures, and strong community support, Pulse Chain is well-positioned to perform better than Hex in the cryptocurrency market. However, as with any investment, it is important to do your research and make informed decisions based on your individual needs and goals.

#PLS #Hex #Binance #crypto2023 #BTC

Strica, the software powerhouse behind #Cardano tools, has unveiled Warp Transactions, a groundbreaking feature aimed at enhancing #ADA token transfers on the Cardano network. This innovation has sparked discussions about the potential impact on ADA's market value, with the $1 mark being considered.

Cardano's native design requires approximately 1.14 ADA for every token transfer, a measure to prevent spam but often inconvenient for users. Warp Transactions, introduced through the Typhon Wallet, offer an efficient solution to this challenge. By simplifying transactions and potentially boosting user adoption, ADA's price could gain positive momentum, bringing the $1 target into consideration.

Warp Transactions operate on a pure UTXO transaction model, without the need for smart contracts. Both the sender and recipient must sign off, and tokens associated with these transactions are "frozen" until the transaction concludes or is canceled. If the receiver doesn't validate within 24 hours, the transaction self-expires.

The brilliance of Warp Transactions lies in their ability to shift the ADA fee burden from the sender to the receiver by utilizing the receiver's UTXOs, making transactions more user-friendly.

The integration of multi-signature transactions from Cardano in the Typhon Wallet enhances security and encourages user adoption. This combination of improved transaction efficiency, heightened security, and user-centric features could influence ADA's market dynamics. With industry figures like Charles Hoskinson endorsing this innovation, ADA's journey towards the $1 milestone appears promising.

$ADA

#crypto2023

#CYBER

#bitcoin

In a shocking turn of events, SafeMoon, the once-promising cryptocurrency, finds itself embroiled in a legal maelstrom. The U.S. Department of Justice has leveled grave charges against SafeMoon's founders and executives, accusing them of orchestrating a complex web of fraud and money laundering. As the handcuffs click and legal documents pile up, the digital currency world is buzzing with questions and concerns.🧐 A Glimpse into SafeMoon's JourneyBefore delving into the legal quagmire, let's take a moment to understand the fascinating journey of SafeMoon. Born as a DeFi meme token, it quickly gained popularity, riding the waves of crypto mania. SafeMoon introduced an innovative tokenomics model, rewarding holders and punishing sellers, aiming to reduce volatility and create a safer investment space.🤔 Implications on SafeMoon's FutureThe charges brought by the DOJ send ripples of uncertainty throughout the SafeMoon community. How will this affect the project's development and the value of the SFM token? Investors are left pondering the future of their holdings.As the legal battle unfolds, SafeMoon's leadership may find themselves preoccupied with defending their actions rather than focusing on project development. This could lead to delays, uncertainty, and a lack of trust from the community, all of which could severely hamper the project's growth.📉 SFM Token Value: A Steep DescentSimultaneously, the SFM token has witnessed a jaw-dropping 55% drop in value. This plunge is a stark reminder of how closely cryptocurrency prices are tied to the perception of security and trust. With the founders facing serious legal issues, investors are understandably nervous.🏛️ SEC's Lawsuit: Implications for the Crypto IndustryAdding fuel to the fire, the SEC has launched a lawsuit alleging securities law violations linked to unregistered cryptocurrency sales. This case has the potential to set a precedent for the entire crypto industry. It brings to the forefront the need for tighter regulations and clearer guidelines in the cryptocurrency space.🚀 In Conclusion: A Tumultuous Path AheadSafeMoon, once a shining star in the crypto galaxy, now finds itself navigating treacherous waters. The charges against its founders and the plummeting SFM token value are stark reminders of the risks inherent in the world of cryptocurrencies.As the legal drama unfolds and the SEC lawsuit progresses, the crypto community watches with bated breath. Will this be a turning point for the industry, leading to stricter regulations and greater accountability, or will SafeMoon manage to weather the storm and emerge stronger? Only time will tell, and in the ever-evolving world of cryptocurrency, surprises are the norm. 🌌🪙 #SFM #Safemoon #crypto2023 #cryptohustle #orignalcontent

#Bitcoin (BTC) price is leading the rest of the market, including Ethereum (ETH) and #Ripple (XRP) prices, north, with momentum indicators painting a bullish picture. However, investors must exercise caution from here on out, with a lot still to be determined.

US CPI annual inflation comes in above expectations at 3.7%, Bitcoin price rests above $26,000

Bitcoin price forging an uptrend

Bitcoin (BTC) price is forging an uptrend after two successive green candlesticks. While the outlook appears promising, investors should exercise caution lest the recovery prove fake.

For the bullish perspective, the Relative Strength Index (RSI) moving north points to rising momentum, which is corroborated by the green candlesticks of the Awesome Oscillator (AO). Furthermore, RSI is converging bullishly with Bitcoin price adding weight to prospects of an uptrend. This is indicated by BTC price’s recent streak of lower lows, which were not mirrored by the RSI.

Furthermore, #BTC has retained above the last higher low of the previous uptrend – the June lows at $24,800. Given this key level has held, the market structure remains long-term positive, making a recovery a real possibility.

In an uptrend scenario, Bitcoin price could break past the resistance confluence between the 50- and 200-day Simple Moving Averages (SMA) before confronting the 100-day SMA, with the three moving averages converging around the psychological $28,000. This makes this obstacle a formidable one. A confirmed breach above the $28,838 resistance level would increase the odds for a continuation north.BTCUSDT_2023-09-13_19-34-13-638302374340419481.png

BTC/USDT 1-day chart

On the flipside, a strong resistance barricade hovers above Bitcoin price, indicated by the 50-day SMA (short-term moving average) crossing below the 200-day SMA (longer-term moving average). Any move up to this cluster of MAs will likely be met with technical selling pressure.

This technical formation is also what is known as a ‘death cross’ which is when the 50-day SMA crosses below the 200-day SMA, and signals oncoming bearishness in the market. However, it is not a textbook version of the pattern as the 200-day SMA is rising as the 50 crosses below it. Ideally, for a five-star set-up, both MAs should be falling.

A bearish reversal could, nevertheless, send Bitcoin price back below $25,586, or in a dire case, to test the $24,000 psychological range. The June lows at $24,800 are a key make-or-break level, and if breached could flip the script for the lead #crypto .

Also Read: Bitcoin price rise pulls crypto market cap above $1 trillion; US headline CPI forecast to rise; core to fall

$BTC $XRP

#crypto2023

#CYBER