Ethereum News by Thebittimes.Com

Social Media on the Blockchain: Exploring Decentralized Platforms! In today’s rapidly evolving digital landscape, the centralized control of social media has raised numerous concerns over privacy, censorship, and data ownership. The blockchain revolution, with its promise of decentralization, is now poised to disrupt the social media industry by providing a more transparent and user-centric approach. In this article, we explore how decentralized platforms are reshaping the future of social media and empowering users like never before. The Limitations of Traditional Social Media Traditional social media platforms, such as Facebook, Instagram, and Twitter, operate under a centralized framework. While these platforms have connected billions of people globally, they also exhibit several inherent flaws: Data Privacy Concerns : Users often have little control over their data, which is sold to advertisers without their consent. Censorship : Centralized platforms can easily censor or manipulat

Pepe Unchained ($PEPU) has obliterated the $20 million milestone in its presale. The baddest frog on the crypto planet is fresh off its $18 million milestone from a week ago and has swiftly secured an additional mouth-watering $2.1 million since then. Pepe Unchained is currently seeing new capital flowing non-stop as contributors bank on $PEPU to deliver a knockout punch with its flashy L2 chain to its sluggish rival, Pepe ($PEPE), and take its crown. The project’s rocking fundraising efforts over the past four months heightens the chances of $PEPU becoming the ruler of Pepe land – especially with the recent update announcing that it has begun accepting developer grant applications. Pepe Unchained is definitely serious business, and contributors can join the current funding round at $0.0103 per $PEPU. However, this round will close in less than 24 hours as a new funding round kicks off at $0.0106. Uptober Sizzles As Meme Coin Market Cap Hits $54.

Warren Buffett remains one of the most well-known names in finance. He has continually been looked upon as a guiding force for investors pondering what stock to eye and where to invest their money. Yet, with the dominance of Apple (APPL) in the last several years, has it become the best stock in Warren Buffett’s vast portfolio? The revolutionary tech company has been one of the most dominant brands in the industry. Its line of iPhone and iPad products has ballooned them to be among the most valuable companies in the world on any given week. Moreover, its further ventures into emerging tech industries have only reinforced their position. Buffett is among the most successful investors that Wall Street has ever seen. The Oracle of Omaha has a network of $143 billion, according to Bloomberg’s Billionaire Index of 2024. That positions him as the eighth wealthiest person on the planet, with Apple likely playing a large part in the continued growth of his wealth. Source: economictimes.com Als

Hermetica, the platform behind USDh, the first Bitcoin (BTC)-backed, yield-generating synthetic dollar, has just closed a $1.7 million seed funding round, as reported to Finbold on Wednesday, October 16.  The funding round was led by UTXO Management and saw participation from the likes of CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, and Silvermine.  High-profile angels included Tycho Onnasch (Zest Protocol), Robin Obermaier (Liquidium), Mithil Thakore (Velar), Matt Maduno (Arch Network), and GM Chung (DeSpread). Picks for you Dogecoin price prediction: Analyst hints DOGE could hit $10 2 hours ago Uptober: Indicators suggest the 2024 crypto bull market is back 2 hours ago

The world’s largest cryptocurrency, Bitcoin (BTC), has been moving sideways lately. But in a new turn of events, the asset managed to score big. Over the past 24 hours, BTC surged to a high of $67,692 from a low of $64,900. At press time, the asset was trading at $67,221.43, following a daily rise of 2.99%. Also Read: Bitcoin Predicted To Hit An All-Time High Of $86,600: Here’s When Tesla’s Major Bitcoin Move And Its Market Impact Source Amidst this, the total volume of the Bitcoin network rose by over 20%. Currently, the trading volume stands at $49.10 billion. In addition, the latest price surge has brought BTC closer to its all-time high of $73,750.07, that is attained seven months ago. The king coin currently stands 8.9% below its peak. Elon Musk’s Tesla Makes Headlines in the Bitcoin Market Bitcoin’s latest spike coincided with Tesla making noise in the BTC market. For the first time in two years, Elon Musk’s Tesla has transferred all of its $760 million worth of Bitcoin assets fr

The dYdX Foundation, a decentralized governance platform, has announced the launch of a Trump Prediction Market perpetual on the dYdX platform, according to the information disclosed to Finbold on Tuesday, October 15. Approved by the dYdX community on October 9, the new market allows traders to speculate on Donald Trump’s odds in the upcoming US Presidential Election.  dYdX Trump Prediction Market The new dYdX market lets users speculate on the outcome of the upcoming US election in a decentralized, non-custodial environment. Picks for you Binance publishes a major overview of global stablecoin regulation 18 mins ago World's largest asset manager BlackRock holds $24 billion in Bitcoin 2 hours ago

The Pepe price soared more than 11% in the last 24 hours to trade at $0.00001082 as of 11:28 p.m. EST as investors flock to the meme coin . With the 24-hour surge, the crypto was able to push its weekly performance back into the green. As a result, the PEPE price is now up more than 8% over the past 7 days. The Pepe Price Trying To Flip The $0.00001102 Resistance Into Support 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is attempting to break above the resistance level at $0.00001102 after printing a series of higher lows in the last 24 hours on the 4-hour chart. Should the meme coin clear this technical obstacle in the coming 12 hours, PEPE might have a solid foundation to rise from. Traders could subsequently push the altcoin’s price up to $0.00001204 in the short term. On the other hand, PEPE’s bullish momentum might come to an end if bears are able to defend the $0.00001102 mark. In this alternative scenario, investors could opt to realize their profits

Republican presidential nominee Donald Trump is announcing a token sale for his decentralized finance (DeFi) platform World Liberty Financial (WLFI) as the election approaches. In a new thread on the social media platform X, the former president says that WLFI will hit the marketplace early this week, though no price was specified. “Token Sale goes live on Tuesday morning, October 15th! This is YOUR chance to help shape the future of finance. Be there on Monday, October 14th at 8 AM EST for an Exclusive Spaces to learn more.” In August, Trump announced the launch of his platform – at the time called “The DeFiant Ones” – as a means of helping those disenfranchised by banks. Said Trump at the time, “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand – together.” In its roadmap, the project said its mission is to spread stablecoins pegged to the US dollar and the concept of DeFi across the globe.

As Bitcoin (BTC) navigates an unusually calm ‘Uptober,’ a trading expert believes a review of technical indicators and the asset’s past performance suggests a new record might be in the offing. This projection comes as the maiden cryptocurrency reclaimed the $62,000 mark, with bulls anticipating a potential push toward the $65,000 resistance. In this regard, Bitcoin could be on track to reach $105,000 in its current cycle, driven by Fibonacci circle Analysis that highlights historical cycle tops, as crypto analyst Titan of Crypto observed in an X post on October 13. Picks for you Sell time? Overbought cryptocurrency signals a bearish reversal 20 mins ago Realize profits: Millionaire sales take over the market as price surges

Just when you thought there was no more room for yet another Shiba Inu memecoin, Neiro swoops in and reaches an ATH of $0.0017, up by over 73,000% from its all time low on August 1st 2024. As the coin has pumped due to the revival of the meme coin market, and its recent listing on Binance, we look deeper into the news and see why Cutoshi is hailed as the next meme coin giant. Crypto Cycles Explained As traders who’ve been in crypto for a while know, the market works in cycles. Every four years comes a Bitcoin halving event, making mining less profitable and later pushing up demand and therefore prices. The BTC price rises and then profits from BTC get redistributed into altcoins. Bitcoin then goes into an accumulation phase and the whole thing begins again, more or less. This time around the cycle has been a little slower, perhaps due to gopolictial tensions and macroeconomic pressures,and this makes it ripe for memecoin season. Often, while the market is indecisive, players

In what is a rather surprising development for the ongoing legal battle, Ripple has filed a notice of cross-appeal in its lawsuit with the US Securities and Exchange Commission (SEC). The filing takes place after the SEC sought an appeal In early October, as the two sides are expected to face off in court yet again. The filing has been submitted to the United States Court of Appeals for the Second Circuit. Moreover, it is set to challenge some facets of the final judgment that was issued on August 8th. Meanwhile, Ripple’s XRP is looking to surge as the crypto is showing clear signs of recovery. Also Read: Ripple to Challenge Circle, Tether as Stablecoin Liquidity Hits Record Ripple Files to Cross-Appeal in SEC Lawsuit as Legal Battle Continues The ongoing legal fight between Ripple and the SEC has captured the focus of the entire crypto sector. It was a key aspect of the agency’s ongoing crusade against the sector. Moreover, its resolution was poised to have a massive impact on the ass

Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains. In a new post on the social media platform X, Jeff Weinstein, the head of products at Stripe, says that crypto assets are officially back on the platform and will be available for use in over 150 countries around the world. ] “Okay, crypto on Stripe is officially back! Accept stablecoins from 150+ countries Buyers pay in USDC (via Ethereum, Solana, Polygon) You, as a USA business, receive USD Works with checkout, elements, or payment intents (and soon subscriptions). We’re rolling this out to hundreds of thousands of usa businesses today (then more countries).” Stripe used to support payments made using crypto king Bitcoin (BTC) until 2018. In April of that year, it discontinued its support for the top crypto asset by market cap, citing its lack of utility as a payments rail. According to Stripe’s official website,

Because the prices of newly listed meme coins fluctuate frequently, investors must stay updated to make significant profits. Our team of analysts, therefore, helps users track the prices of these meme coins across multiple DEXs. Besides prices, they also offer insights into trading volumes, transactions, and recent crypto news.  Today’s Analysis points draw investors’ attention toward some tokens that are currently making waves. It does this by providing a meticulously researched list of profitable newly listed meme coins to consider. By the end of the Analysis , investors will be armed with the necessary information they need to make profitable decisions.  Newly Listed Meme Coins To Buy Now Investors reading this are one of the lucky few to have discovered the $MSTR token before it goes mainstream. The project combines three powerful concepts, crypto, stock, and meme, to take the world by storm. Its proposed collaboration to bridge Bitcoin and Ethereum has seen it gain over 500%