📍 Accumulation phase—similar setup to 2020 📍 Massive rally—previous cycles played out the same way 📍 Approaching major resistance—last time, this was the local top
We’re at a key moment. Will ETH break through this trendline and push into price discovery, or is history about to repeat?
📍 Accumulation phase—similar setup to 2020 📍 Massive rally—previous cycles played out the same way 📍 Approaching major resistance—last time, this was the local top
We’re at a key moment. Will ETH break through this trendline and push into price discovery, or is history about to repeat?
Q: Hello! What’s Arbitrum? Hi! Arbitrum is a technology suite designed to scale Ethereum. You can use Arbitrum chains to do all things you do on Ethereum — use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. Our flagship product — Arbitrum Rollup — is an Optimistic rollup protocol that inherits Ethereum-level security.
Q: What, what’s “Ethereum”? What's a “smart contract”? Where am I? If you aren’t yet familia
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What is Mt. Gox? History, Collapse, and Future 🔥 This Article can Save your Future Investments 💰💸
Cryptocurrency exchanges play a crucial role in the digital asset ecosystem, facilitating the buying, selling, and trading of various cryptocurrencies. However, not all exchanges are immune to failure. One of the most infamous collapses in the history of cryptocurrency exchanges was the demise of Mt Gox. At its peak, Mt Gox was the leading Bitcoin exchange in the world, but its spectacular collapse shocked the crypto community. In this article, we will delve into the reasons behind the collapse of Mt Gox and its implications for the industry.The Rise of Mt GoxMt Gox, short for 'Magic: The Gathering Online eXchange,' was founded in 2010 by Jed McCaleb, a well-known figure in the early Bitcoin community. McCaleb sold the exchange to Mark Karpeles in 2011, who oversaw its operations during its peak. At its height, Mt Gox was responsible for handling over 70% of all Bitcoin transactions worldwide, making it the go-to exchange for many early Bitcoin adopters.The Downfall BeginsThe first signs of trouble for Mt Gox appeared in 2013 when the US government seized $5 million from the exchange's account for violating money transmission laws. This event marked the beginning of a series of setbacks for Mt Gox, including a hack in 2014 that resulted in the loss of 850,000 Bitcoins, worth over $450 million at the time. The hack, which was the largest in the history of Bitcoin, severely damaged the exchange's reputation and led to a significant loss of customer trust.Lack of Security and TransparencyOne of the primary reasons for Mt Gox's collapse was its poor security practices and lack of transparency. The exchange stored the majority of its customers' funds in a hot wallet, making them vulnerable to hacks. was a watershed moment in the history of the cryptocurrency industry, underscoring the importance of security, transparency, and regulatory compliance for exchanges.
Sui $SUI Blockchain, The Next Solana🔥 Bull Market 🐂 Target 15 to 20$ ✅
What Is the SUI Blockchain? 🤔
Sui is a decentralized layer 1 blockchain that offers great transaction speed at a low cost. This permissionless blockchain is designed to support a wide range of applications.
Being a layer 1 blockchain means Sui provides the underlying infrastructure for a system of validations and transactions, much like the Ethereum or Bitcoin networks. But what sets it apart from other L1s is its focus on instant transaction finality, reduced latency, and increased transaction speed.
In short, Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.
This way, Sui allows for fast, private, and secure digital asset ownership accessible to everyone.
The History of SUI Blockchain Sui launched its incentivized testnet in August 2022. Then the mainnet went live on May 3, 2023.
The blockchain is developed by Mysten Labs, which is led by several former senior executives for Meta’s (previously Facebook) now-defunct digital wallet program, Novi.
Mysten Labs raised a $300 million investment in a Series B funding round in September 2022 for the development of the blockchain. The company has the backing of popular venture capitalists, including Circle, Binance Labs, Lightspeed Venture Partners, a16z, and NCSoft.
Meanwhile, the Sui Foundation is an independent organization supporting the community and its projects. Its mission is to onboard the next billion users to web3 by advancing the global adoption of the Sui blockchain.
At the launch, the Sui Foundation partnered with centralized exchanges (CEXs) such as Kucoin, OKX, and Bybit to sell tokens to their Discord community and exchange users. Binance users staked over $4 billion worth of crypto tokens to farm SUI coins.
A Detailed Analysis, Don't Miss it ✅ Is Aptos the Next Ethereum? 🤔 Bull Market 🐂 Target 150-200 $
The L1 market is incredibly competitive. Blockchains such as Ethereum, Solana, AVAX, and others, all claim to be revolutionary – fixing problems such as scalability. However, no L1 blockchain is perfect yet. Even Ethereum, the most popular smart contract ecosystem of them all, fails in securing fast transactions during network congestion.
Aptos is touted as the next Ethereum killer – a marketing phrase often used in the L1 sector – that might finally make Web3 efficient for investors. Although the blockchain surely brings new things to the table, we have yet to see whether it can deliver what it advertises. Nevertheless, one thing is clear: Aptos has the potential to truly stand out from other L1 chains.
Aptos currently differentiates itself from Ethereum by having a greater transaction throughput. Aptos can confirm transactions in mere seconds, while it takes Ethereum more than a minute to do the same. Aptos also runs on 16x more CPU cores than Ethereum.
However, we are a long way from telling whether Aptos can uphold its superiority during times of high demand. Ethereum is definitely more reliable and has a performance that – although worse – is at least impossible to disrupt.
Aptos is more of a Solana killer for many within the crypto community. Many see Aptos as Solana’s direct competitor, due to featuring the same lightweight blockchain capable of supporting fast and cheap transactions. And truth be told, they have comparable speeds that are made possible due to computing blockchain transactions in parallel.
The only difference between the two comes in the form of reliability. Solana has had many power outages and network disruptions last year. Aptos has a long run and did not experience such things on a large scale. But it is obvious that the technology behind Aptos is capable of providing a more stable user experience.
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