The post DOGE To $0.50 Excites Crypto Holders Almost As Much As Rollblock’s ROI appeared first on Coinpedia Fintech News Dogecoin’s (DOGE) push toward $0.50 has reignited the interest of seasoned traders. However, DOGE holders are shifting focus to Rollblock (RBLK) for more consistent upside. With the Dogecoin price showing short-term volatility and mixed on-chain signals, investors are eyeing Rollblock’s high APY and passive income opportunities. Here’s why Rollblock could become the next 100x crypto in 2025. Why Rollblock Is Every Investor’s Must-Buy Altcoin While Dogecoin plays its usual meme-driven game, Rollblock’s GambleFi platform has been fully operational for over a year, setting a strong track record in the emerging GambleFi sector. Thousands of users engage daily, drawn by its revenue-share model and blockchain-powered gaming experience. With over 55,000 community members and $11 million already raised in its presale, Rollblock is gaining significant traction as a breakout name in blockchain gaming. It’s being called the next big altcoin of 2025, and here’s why: Over $15 million in bets have already been placed on the fully live Rollblock Casino. Up to 30% of profits are used weekly to buy back and burn RBLK tokens. Holders earn passive income through staking and revenue sharing. The platform offers over 7,000 games, live sports betting, and new features added every month. RBLK has a capped supply and deflationary model, designed to support long-term value. These features position Rollblock as a project with real utility, combining the high-yield appeal of crypto staking with real-world gaming demand. Investors seeking low-cap cryptocurrencies, DeFi tokens, or low-gas-fee crypto projects with high growth potential are now taking notice. Currently in stage 10 of its presale and priced at $0.068, RBLK is turning heads across Web3 circles and the crypto market. With Rollblock’s momentum building and analysts whispering 50x to 100x upside, traders are rushing in before the next price jump. Dogecoin Price Action Excites but Holders Eye Rollblock’s ROI Dogecoin is currently trading at $0.20, following a 2.77% increase over the last 24 hours. The Dogecoin price has also increased by 12.25% over the past week, indicating that the enthusiasm behind meme coins is growing amid a potential bull run. As a result, investors chasing the next 100x crypto are once again putting DOGE back on their watchlists. Source: Trading View Dogecoin’s trading volume has reached $2.75 billion, indicating a rise in trading activity. According to CoinCodeCap Trading , a breakout reversal is forming on the DOGE chart. Dogecoin is now testing the $0.22 resistance, which sits on its 200-day simple moving average. If it breaks through, the Dogecoin price could hit $0.25, a 15% upside from the current levels. Short-term traders are also eyeing $0.17 as a potential re-entry point in case of a pullback. Meanwhile, DOGE holders are turning their attention to Rollblock as it offers high ROI potential. Here’s a side-by-side comparison. Metric Rollblock (RBLK) Dogecoin (DOGE) Total Supply 1 billion 150.11B DOGE Market Cap Presale stage, growing demand $30 billion Revenue Sharing/Staking 30% APY staking + weekly revenue share Up to 7% APR on some exchange DOGE Deflation / Burn Buy‑back up to 30% profits, burn 60% None Utility GambleFi casino, sports betting, stake & play Meme coin, limited use cases FOMO Potential Top meme coin under $0.50 Next big DeFi/gambling token Why Rollblock Shows More Promise Than Dogecoin DOGE to $0.50 is an exciting narrative, but Dogecoin’s current valuation is far off. However, Rollblock is showing steady growth, offering DeFi utility, staking rewards, revenue share, and low-gas fees. With this in mind, Q3 is a great opportunity to capitalize on its low price before it soars! Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
It was a big week in the cryptocurrency world, with the US voting on a few legislations and fresh all-time highs for bitcoin and a some larger-cap altcoins. But first, let’s take you back to the previous one, which was critical in its own right. After all, BTC managed to break out of its consolidation phase last Wednesday and marked a new all-time high of almost $119,000 about this time last Friday. The weekend was calmer, but the largest cryptocurrency went on the offensive once again on Monday, surpassing $123,000 to set its latest record. More volatility ensued on Tuesday, but this time in the opposite direction , which drove the asset south by several grand to under $116,000. Nevertheless, the bulls reappeared after this somewhat expected correction, given the fact that BTC had gained about $15,000 within days without losing any traction. They stopped the freefall in the middle of the week and pushed bitcoin higher to $120,000 on a couple of occasions. That resistance, though, turned out to be harder to reclaim, and the subsequent rejections resulted in another price drop to under $118,000 as of press time. This means that BTC has essentially erased the weekly gains, even though it managed to register a fresh all-time high on Monday. In contrast, most altcoins have registered mindblowing weekly gains. Ripple’s cross-border token led the charge and notched a new record of its own at over $3.6 before it retraced toward the previous one of $3.4. Other double-digit price gainers include ETH, DOGE, XLM, LINK, HBAR, AVAX, CRO, and more. Some of those gains, which transpired in the past 24 hours, were attributed to the recently passed legislations in the US, such as the GENIUS Act. Market Data Source: Quantify Crypto Market Cap: $3.93T | 24H Vol: $307B | BTC Dominance: 59.5% BTC: $117,610 (-0.4%) | ETH: $3,570 (+18.5%) | XRP: $3.43 (+21.6%) This Week’s Crypto Headlines You Can’t Miss Bitcoin’s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant . Following BTC’s epic surge to and beyond $123,000, market analysts and commentators were quick to praise the move and provide further insight on what might have driven it and how high it can go – here’s CryptoQuant’s take on it, and this is the one from Bitfinex. Bitcoin’s Realized Cap Taps $1T Milestone, Fueled by 25% Surge in 2025 . Aside from BTC’s price on exchanges, another important metric – the cryptocurrency’s realized cap – also reached a new all-time high this week, breaking above $1 trillion for the first time. Ripple Climbs Higher: XRP Is Bigger Than Uber, Boeing, and Guns for Goldman . Following its impressive ascent into uncharted territory, Ripple’s market cap grew past $200 billion at one point, which helped it become the 81st biggest global asset by that metric. XRP is now bigger than Uber, while Goldman Sachs is not far ahead. BlackRock’s ETH ETF Draws $546M as 10-Day Inflows Hit $2.1B . ETH’s spectacular growth in the past few weeks has been driven partially by the mindblowing net inflows in the spot Ethereum ETFs in the US. Naturally, BlackRock’s ETHA leads the pack as it set another record this week. 25% of Bitcoin at Risk: Developers Push for Quantum-Resistant Upgrade. Despite all the positive price-related records, some of the most prominent developers working on the world’s largest blockchain warned that 25% of all BTC might be at risk and urged for a quantum-resistant upgrade. Saylor’s Strategy Bought Another 4,225 BTC Before Bitcoin’s Price Explosion: Details . Saylor’s Strategy didn’t announce a big BTC buy last week, but it stepped back on the accumulation pedal on Monday, as reported . The company spent over $470 million to acquire 4,225 BTC, pushing its total to over 600,000 BTC. Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and HYPE – click here for the complete price analysis . The post BTC and XRP Hit Fresh Milestones as Altcoins Take Off: Your Weekly Crypto Recap appeared first on CryptoPotato .
BitcoinWorld Dave Portnoy’s XRP Exit: A Shocking Missed Opportunity in Crypto’s Wild Ride In the unpredictable world of digital assets, timing is everything. For many, the allure of quick gains and the fear of missing out (FOMO) drive investment decisions. But what happens when a high-profile figure, known for their bold takes and sometimes impulsive moves, makes a call that goes spectacularly awry? Enter Dave Portnoy , the charismatic founder of Barstool Sports, whose recent disclosure regarding his XRP holdings has sent ripples through the crypto community, serving as a potent reminder of the inherent crypto market volatility . Dave Portnoy’s Crypto Journey: A Tale of Hindsight Dave Portnoy has never shied away from the spotlight, nor from sharing his unfiltered opinions on everything from sports to stocks, and increasingly, cryptocurrencies. His foray into the digital asset space gained significant attention, often marked by a candid, sometimes tumultuous, approach. He famously declared himself ‘Davestradamus’ during previous crypto surges, only to later express frustration or exit positions when markets turned. This recent revelation about his XRP sale is another chapter in his evolving narrative within the crypto world. Watcher Guru reported via X that Portnoy confirmed he had offloaded his entire XRP stash just two weeks prior to a significant price explosion. Imagine the feeling: watching a token you just sold skyrocket by 18% in a single day, reaching a new all-time high of $3.66. For many investors, this scenario is a nightmare. For Portnoy, it’s a public, and undoubtedly painful, lesson in the often-unforgiving nature of the crypto markets. XRP’s Stunning Surge: What Fueled the Fire? The immediate question on everyone’s mind is: what triggered XRP’s impressive 18% rally, especially right after a notable figure like Portnoy exited? While specific catalysts can be complex and multi-faceted, several factors often contribute to such sudden price movements in the crypto space: Market Sentiment: Positive news or rumors surrounding a cryptocurrency, even if unconfirmed, can quickly shift market sentiment, leading to increased buying pressure. Technical Breakouts: For traders, hitting specific price levels or breaking through resistance points can trigger automated buying orders, accelerating upward momentum. Whale Activity: Large institutional or individual investors (often called ‘whales’) making significant purchases can dramatically impact a token’s price due to their sheer volume. Broader Market Trends: Sometimes, a token’s surge is part of a larger bullish trend across the entire cryptocurrency market, where capital flows into various altcoins. Project-Specific Developments: Updates on partnerships, technological advancements, or regulatory clarity (especially pertinent for XRP) can act as strong price drivers. In XRP’s case, its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has long cast a shadow over its price. Any perceived positive development or hint of resolution in this lawsuit can lead to significant price pumps as investors anticipate regulatory clarity and wider adoption. While the specific trigger for this particular 18% surge isn’t detailed in the original snippet, it’s a testament to the token’s potential for explosive movements, often tied to external factors or shifting investor confidence. The Psychology of Cryptocurrency Investment: Learning from Portnoy Portnoy’s experience offers a valuable case study in the psychology of cryptocurrency investment . His public persona, often characterized by a ‘live by the sword, die by the sword’ mentality when it comes to trading, highlights several common pitfalls investors face: 1. The Temptation of Short-Term Gains: Many, like Portnoy in this instance, enter the market hoping for quick profits. However, chasing pumps and selling during dips can lead to significant losses or, as seen here, missed opportunities. True wealth in crypto is often built through conviction and patience. 2. Emotional Decision-Making: Fear and greed are powerful emotions that can cloud judgment. Selling out of frustration when a token underperforms, only to see it surge shortly after, is a classic example of allowing emotions to dictate investment choices rather than a well-thought-out strategy. 3. Lack of Conviction: While Portnoy is known for his conviction in other areas, his crypto investments have often seemed more speculative. A strong belief in a project’s long-term vision and technology can help investors weather short-term volatility. 4. The Influence of News and Social Media: In an age of instant information, reacting to every headline or tweet can be detrimental. Portnoy’s own platform, Barstool Sports , is a testament to the power of social media, and ironically, he himself fell victim to the quick reaction cycle that often characterizes crypto trading. Understanding these psychological biases is crucial for anyone navigating the volatile crypto landscape. It’s not just about what to buy, but when to buy, when to sell, and perhaps most importantly, when to do nothing at all. Navigating Crypto Market Volatility: Actionable Insights for Investors So, what can the average investor learn from Dave Portnoy’s XRP misstep and the broader phenomenon of crypto market volatility ? Here are some actionable insights: 1. Do Your Own Research (DYOR) Understand the Project: Don’t just buy because someone famous endorsed it. Research the token’s whitepaper, team, technology, use case, and community. Assess Risk: Understand the risks associated with the specific cryptocurrency, including regulatory challenges (like XRP’s SEC case) and market competition. 2. Develop a Strategy and Stick to It Set Clear Goals: Are you looking for short-term gains or long-term growth? Your goals should dictate your strategy. Risk Management: Never invest more than you can afford to lose. Consider dollar-cost averaging (DCA) to mitigate the impact of volatility. Entry and Exit Points: Have a plan for when you’ll buy and when you’ll sell, and try to stick to it, even when emotions run high. 3. Diversify Your Portfolio Don’t put all your eggs in one basket. Diversifying across different cryptocurrencies, and even traditional assets, can help reduce overall risk. 4. Embrace Patience Crypto markets can be incredibly unpredictable in the short term. Often, the greatest rewards go to those who can hold through the dips and resist the urge to panic sell. 5. Learn from Mistakes (Others’ and Your Own) Portnoy’s public misstep is a powerful reminder that even seasoned investors can make errors. Analyze such events, understand the underlying reasons, and incorporate those lessons into your own investment philosophy. The crypto market is a continuous learning curve. The Broader Implications: Celebrity Influence and Market Perception The story of Dave Portnoy and XRP also highlights the significant, albeit often fleeting, impact of celebrity influence on the crypto market. When figures with large followings, whether from Barstool Sports or other media platforms, discuss their investments, it can create buzz, attract new investors, and even move prices. However, this influence comes with a caveat: Lack of Due Diligence: Followers might invest based purely on endorsement, bypassing critical research. Pump and Dump Risks: While not the case here, some influencers are involved in schemes that artificially inflate prices for personal gain. Volatile Advice: Celebrities are not financial advisors, and their personal investment decisions, often made for their own risk tolerance and capital, may not be suitable for everyone. This incident underscores the need for individual investors to remain skeptical and base their decisions on fundamental analysis and personal financial goals, rather than following the crowd or the latest celebrity endorsement. Conclusion: A Stark Reminder of Crypto’s Double-Edged Sword Dave Portnoy’s recent experience with XRP is a powerful, albeit painful, illustration of the exhilarating highs and crushing lows inherent in the cryptocurrency investment landscape. It serves as a stark reminder that even well-known personalities are not immune to the market’s unpredictable swings. While XRP soared to new heights, Portnoy was left on the sidelines, having exited his position just before the surge. This incident is not just about one man’s trading decision; it’s a microcosm of the broader challenges and opportunities presented by crypto market volatility . For every story of a sudden windfall, there are countless tales of missed opportunities or significant losses. The key takeaway for investors is clear: understanding market dynamics, managing emotions, and adhering to a disciplined investment strategy are paramount. In a world where fortunes can be made or lost in the blink of an eye, patience, research, and a strong conviction in your chosen assets remain your most valuable tools. As the crypto market continues its exhilarating evolution, stories like Portnoy’s serve as enduring lessons for us all. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency investment price action. This post Dave Portnoy’s XRP Exit: A Shocking Missed Opportunity in Crypto’s Wild Ride first appeared on BitcoinWorld and is written by Editorial Team
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! A recently identified
Corporate treasuries are doubling down on Ethereum, with record-breaking investments pouring into $ETH, especially through spot ETFs. It’s a bold signal of long-term confidence in Ethereum as a strategic asset. And with the altcoin supercycle gaining steam, breakout tokens like Snorter Bot ($SNORT) could be next in line to ride the wave. The past month has seen Ethereum treasury companies accumulate around 600K $ETH – that’s more than $2.1B. Corporate treasuries now hold $5.33B in $ETH, as reported by Binance , with SharpLink Gaming (at 289K+) and BitMine in the lead. Meanwhile, total ETF holdings have passed the 5M $ETH mark. On July 16 alone, a record-breaking $726.6M flowed into US spot ETFs. That far surpasses the previous daily record – $428M in December last year. With a total of nine spot ETFs, according to CoinMarketCap figures , BlackRock’s iShares Ethereum Trust ETF (ETHA) is the leader of the pack, with a current AUM price of $7.23B. It accounted for $499M of Wednesday’s inflow, followed by Fidelity (FETH) contributing $113M. Is $ETH Digital Gold 2.0? Unsurprisingly, $ETH is on a tear, breaking past $3.6K as investors wake up to its long-term potential. Momentum is building, and it’s full steam ahead for Ethereum. Will the rally hold? Many analysts think so. With ETF demand skyrocketing and Trump’s clash with Fed Chair Jerome Powell injecting fresh uncertainty into the markets, the conditions look primed for $ETH to keep climbing. The bottom line, however, is that the $ETH price has seen a 46% spike over the past 30 days. Bitcoin, which has also been doing extremely well and hit a new ATH earlier this week, has seen a relatively small monthly increase of 14%. $ETH leads. Will @SNORT follow? As Ethereum enjoys its long-overdue time in the limelight, other altcoins are set to enjoy some of those rays. Especially considering, according to a Wintermute report , that this year has seen retail investors favor altcoins – particularly newer ones – over OGs like $BTC, $ETH, $XRP, and $USDT. That goes for presale altcoins too – especially if they’re packed with utility. That’s why Snorter Token ($SNORT) is one to keep an eye on. It’s the native token of an innovative trading bot that will live on Telegram. And that’s pretty big news. Never mind sub-second and low-fee (0.85%) trade execution from right inside a streamlined, chat-native interface. That’s the simple stuff. The automated tasks – like swaps and snipes to stop losses and copy trades – make this a powerful trading bot. Holding $SNORT also means MEV protection , staking rewards, and cross-chain functionality thanks to the Portal Bridge. Snorter Token is currently in presale, and investor interest in proving to be strong – more than $2M has already been raised. Utility and strong tokenomics are no doubt driving that. A full 25% of the 500M total token supply is allocated to product development. That’s a good sign right there. $SNORT is set to launch on DEXs post-presale, which is likely to be no later than the end of October. So now’s the time to act if you want to get your hands on $SNORT at the early-bird price of $0.0985. That’s with an impressive 197% APY rewards if you stake it, by the way. Remember, though, being a presale, the price will increase in stages. Staking rewards are also dynamic. Find out more about that in our comprehensive guide to buying $SNORT. A Golden Era Altcoins like $SNORT are bursting with potential as corporate treasuries and ETFs continue to validate the original altcoin king, $ETH. It’s a thrilling moment for crypto, especially if you’re betting on an intelligent little trading bot with significant upside. That said, the market can turn on a dime. So always do your own research (DYOR) and stay sharp—smart investing starts with knowing the game.
BitcoinWorld Ethereum: Unlocking Astonishing Growth – Why ETH Price Might Avoid a Swift Correction After 43% Rally The world of cryptocurrencies is always buzzing, and lately, all eyes have been on Ethereum (ETH). If you’ve been following the market, you’ve likely noticed its impressive performance. Over the past month, Ethereum has seen a remarkable 43% surge, igniting conversations across the entire crypto market. This significant rally has many wondering: is this just a fleeting moment of excitement, or are we witnessing the foundation for sustained growth in the ETH price ? According to Felix Xu, a partner at the prominent crypto hedge fund ZX Squared Capital, a sharp correction for Ethereum in the near term seems unlikely. Let’s dive deeper into what’s driving this optimism and what it means for the future of this leading digital asset . What’s Fueling Ethereum’s Astonishing Surge? Ethereum’s recent ascent isn’t merely a stroke of luck; it’s underpinned by several compelling factors, as highlighted by experts like Felix Xu. The 43% rally, while impressive, reflects a growing confidence among investors, particularly institutional players. One of the primary drivers, according to Xu in his interview with Cointelegraph, is the strong influx of capital into U.S. Spot ETF products. While the focus has largely been on Bitcoin Spot ETFs, their success has paved the way and set a precedent for other digital assets , including Ethereum. The approval and subsequent performance of Bitcoin ETFs have significantly de-risked the idea of a similar product for Ethereum in the minds of many investors and regulators. This anticipation alone can drive buying pressure, as market participants front-run potential future approvals. Institutional money, which previously had limited avenues to gain exposure to cryptocurrencies without direct custody risks, now sees a regulated and familiar investment vehicle. Consider the transformative impact Bitcoin Spot ETFs had on the crypto market . When large financial institutions can offer crypto exposure through traditional investment channels, it opens the floodgates for significant capital. For Ethereum, the expectation of a similar product means: Increased Accessibility: More retail and institutional investors can easily buy ETH without navigating complex crypto exchanges. Enhanced Liquidity: A Spot ETF typically leads to deeper liquidity pools, making large trades less impactful on price. Regulatory Clarity: An approved ETF signals a level of regulatory acceptance, reducing perceived risk. This institutional embrace is a game-changer, providing a robust demand side for Ethereum and helping to absorb selling pressure, thereby contributing to the stability of the ETH price . Is the ETH Price Poised for Continued Momentum or a Pullback? Despite its significant rally, the sentiment from analysts like Felix Xu suggests that a sharp correction for the ETH price is not imminent. This perspective is rooted in a combination of technical indicators, market psychology, and fundamental strengths unique to Ethereum . While a 43% surge might typically trigger profit-taking and a subsequent dip, several factors indicate a more resilient market. Firstly, the nature of the recent rally appears to be driven by genuine demand rather than speculative froth. When institutional inflows are a primary catalyst, it often signifies ‘strong hands’ entering the market, meaning investors with a longer-term outlook who are less likely to panic sell at the first sign of volatility. This provides a more stable foundation for the digital asset . Secondly, from a technical standpoint, a healthy rally often includes periods of consolidation rather than sharp pullbacks. If demand remains robust at various price levels, any minor dips are quickly bought up, preventing a significant correction. Support levels are reinforced by this consistent buying interest, creating a floor for the ETH price . Furthermore, the broader narrative surrounding digital assets has shifted. With increasing mainstream acceptance and regulatory discussions moving towards clearer frameworks, the inherent volatility of the crypto market is slowly being mitigated. Investors are beginning to view cryptocurrencies, especially established ones like Ethereum, as legitimate components of a diversified portfolio, rather than purely speculative bets. In essence, the current market structure for Ethereum suggests a build-up of momentum, with underlying demand preventing a rapid unwinding of gains. This doesn’t mean ETH will only go up, but rather that any potential corrections are likely to be shallower and short-lived, serving as opportunities for new entrants rather than a signal of a bear market. How Are Macro Factors Shaping the Crypto Market’s Trajectory? Beyond direct crypto-specific catalysts, broader macroeconomic forces play a pivotal role in shaping the trajectory of the entire crypto market , including the ETH price . Felix Xu’s mention of ‘political pressure on Federal Reserve Chair Jerome Powell’ as a bullish factor for Ethereum is particularly insightful. This refers to the ongoing debate around interest rates and monetary policy. Historically, tighter monetary policies – characterized by higher interest rates and quantitative tightening – tend to be headwinds for risk assets, including cryptocurrencies. When borrowing costs are high, investors are less inclined to put capital into volatile assets, preferring safer, interest-bearing alternatives. Conversely, a dovish pivot by the Federal Reserve, implying lower interest rates or a pause in rate hikes, often signals a more favorable environment for growth assets. Political pressure on the Fed typically aims to encourage policies that support economic growth, which often translates to a more accommodative monetary stance. If the Fed is perceived to be easing its hawkish stance, it can lead to: Increased Liquidity: More money flowing into the financial system, some of which seeks higher returns in risk assets. Lower Opportunity Cost: The appeal of holding cash or low-yield bonds diminishes, making investments in digital assets more attractive. Investor Confidence: A perception of a supportive economic environment can boost overall market sentiment. For Ethereum , a shift towards a more dovish Fed policy could mean sustained tailwinds, as investors seek higher returns in a low-interest-rate environment. This macro backdrop, combined with specific crypto catalysts like Spot ETF developments, creates a powerful bullish narrative for the crypto market as a whole. Can Ethereum Reach the $10,000 Milestone Without Broader Adoption? While the immediate outlook for Ethereum appears strong, Felix Xu tempered expectations by stating that a move to $10,000 by year-end is unlikely without ‘broader adoption and sustained inflows.’ This highlights a crucial distinction between short-term rallies driven by specific events and long-term, sustainable growth that pushes a digital asset to new all-time highs. What exactly constitutes ‘broader adoption’ for Ethereum ? It’s more than just price appreciation; it’s about the fundamental utility and integration of the network into everyday life and mainstream industries. Key areas of broader adoption include: Decentralized Finance (DeFi) Expansion: Growth in Total Value Locked (TVL), more users engaging with lending, borrowing, and decentralized exchanges on Ethereum and its Layer 2s. NFTs and Gaming: Continued innovation and mainstream appeal of non-fungible tokens and blockchain-based gaming built on Ethereum. Enterprise Blockchain Solutions: Companies leveraging Ethereum’s technology for supply chain management, digital identity, tokenized assets, and other business applications. Layer 2 Scaling Solutions: Successful implementation and widespread use of Layer 2 networks (like Arbitrum, Optimism, zkSync, Polygon) to make transactions faster and cheaper, improving user experience. Developer Activity: A thriving ecosystem of developers building new applications and protocols on the Ethereum network. Alongside broader adoption, ‘sustained inflows’ are equally critical. This refers to a consistent stream of capital entering the Ethereum ecosystem, not just speculative pumps. These inflows can come from: Retail Investors: Everyday individuals buying ETH for long-term holding, staking, or participating in dApps. Institutional Investors: Hedge funds, asset managers, and corporations allocating portions of their portfolios to digital assets , potentially through future Spot ETFs or direct purchases. Ecosystem Funding: Venture capital and grants supporting new projects built on Ethereum. Without this dual engine of utility-driven adoption and consistent capital infusion, the path to $10,000 for the ETH price remains challenging. While the recent rally is encouraging, achieving such a significant milestone requires a fundamental expansion of Ethereum’s real-world use cases and a deeper integration into the global financial and technological landscape. Beyond Price: Understanding Ethereum’s Fundamental Strength and Future Potential. While the ETH price and market rallies often grab headlines, the true long-term value proposition of Ethereum lies in its robust fundamentals and continuous technological advancements. Ethereum is not just a cryptocurrency; it’s a decentralized global computer, a platform for innovation that underpins a vast ecosystem of digital assets and applications. Key to Ethereum’s strength is its transition to a Proof-of-Stake (PoS) consensus mechanism, known as ‘The Merge.’ This monumental upgrade significantly reduced Ethereum’s energy consumption, making it a more environmentally friendly blockchain. Furthermore, it introduced staking, allowing ETH holders to earn rewards by helping secure the network, thereby reducing the circulating supply and incentivizing long-term holding. This fundamental shift also laid the groundwork for future scalability improvements. Another critical upgrade, EIP-1559, introduced a fee-burning mechanism. A portion of the transaction fees on the Ethereum network is permanently removed from circulation. This mechanism, combined with staking, has made Ethereum a deflationary asset during periods of high network activity, further supporting the ETH price by reducing supply over time. Most recently, the Dencun upgrade in March 2024 brought ‘proto-danksharding,’ a significant step towards making Layer 2 transactions dramatically cheaper and more efficient. This is crucial for mass adoption, as it directly addresses the issue of high gas fees on the mainnet, making decentralized applications (dApps) more accessible and user-friendly. The success of Layer 2 solutions is vital for Ethereum’s scalability roadmap, allowing the network to handle a much larger volume of transactions without compromising decentralization or security. The innovation within the Ethereum ecosystem is relentless. From decentralized autonomous organizations (DAOs) to Web3 gaming, supply chain management, and identity solutions, developers continue to build groundbreaking applications that leverage Ethereum’s smart contract capabilities. This constant evolution and the vibrant developer community are what truly solidify Ethereum’s position as a leading force in the crypto market and ensure its long-term potential. Actionable Insights for Investors in the Crypto Market For those looking at the current landscape of digital assets and considering their next move, here are some actionable insights: Stay Informed, But Don’t Overreact: While analyst predictions offer valuable perspectives, the crypto market is inherently volatile. Understand the underlying reasons for price movements rather than reacting to every short-term fluctuation. Consider Long-Term Fundamentals: For Ethereum , its technological roadmap (PoS, Dencun, future sharding), growing ecosystem, and deflationary mechanics are strong long-term drivers. Focus on these fundamentals rather than just the immediate ETH price . Diversify Your Portfolio: While Ethereum is a strong asset, a balanced portfolio often includes exposure to other promising digital assets , as well as traditional investments, to mitigate risk. Understand the Macro Environment: Keep an eye on global economic indicators, central bank policies, and regulatory developments, as these significantly influence the broader crypto market . Explore Layer 2 Solutions: As Ethereum scales, much of the user activity will shift to Layer 2s. Understanding these networks and their associated tokens (if any) can provide additional opportunities. Conclusion: Ethereum’s Resilient Path Forward The recent 43% rally in Ethereum is more than just a fleeting moment; it’s a testament to growing institutional interest, the anticipation of further regulated investment products like a Spot ETF , and the underlying strength of its technological advancements. While a swift correction seems unlikely according to experts like Felix Xu, the path to ambitious price targets like $10,000 for the ETH price hinges on continued broader adoption and sustained inflows of capital into this pivotal digital asset . Ethereum’s journey is a blend of market dynamics, macroeconomic forces, and its relentless pursuit of innovation. As the network continues to evolve with upgrades like Dencun and the ongoing development of its Layer 2 ecosystem, its utility and appeal are only set to grow. For investors and enthusiasts alike, Ethereum remains a cornerstone of the crypto market , offering both immediate excitement and compelling long-term potential. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post Ethereum: Unlocking Astonishing Growth – Why ETH Price Might Avoid a Swift Correction After 43% Rally first appeared on BitcoinWorld and is written by Editorial Team
Unlike traditional messaging apps that rely on internet infrastructure, Bitchat operates on direct device-to-device communication.
Netflix has confirmed that it used generative artificial intelligence (AI) to create visual effects in one of its original series , according to a July 18 report by the BBC .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Binance is set
A July 15 report by global consulting firm Capgemini warns that public-key cryptographic systems, including RSA and elliptic curve cryptography (ECC), may be rendered obsolete by quantum machines in the near future. These are the algorithms that Bitcoin and other blockchains use to secure wallet addresses and authenticate transactions. Capgemini’s analysis does not specifically mention Bitcoin, but it talks about how ECC, the technology behind the blockchain’s private key, is vulnerable to quantum computing. ECC, like RSA, is susceptible to Shor’s algorithm because it is capable of solving the discrete logarithm problem, the mathematical principle that hides visibility of blockchain keys. ‘Post-quantum safety is a priority,’ says Capgemini The Capgemini report is based on a survey of 1,000 large organizations across 13 countries. It found that 70% of enterprises are either preparing for or already deploying post-quantum cryptography (PQC) solutions, a new generation of encryption meant to protect them from quantum attacks. The survey found that only 15% of companies were “quantum-safe,” and just 2% of global cybersecurity budgets are allocated towards quantum risk solutions. The report also spoke about the principle of “harvest now, decrypt later,” in which attackers stockpile encrypted data with the hope of unlocking it once quantum computing becomes powerful enough to break today’s cryptographic methods. Blockchain networks that expose public keys, including Bitcoin, could become exposed if bad actors decide to use this kind of breach. Over 25% of Bitcoins at risk More than a quarter of all Bitcoin in circulation has at some point revealed its public key on-chain. This places a target on their current holders in the event cryptographically relevant quantum computer (CRQC) becomes operational. That includes nearly 4 million BTC, among them the estimated 1 million coins linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. A July 15 draft Bitcoin Improvement Proposal (BIP), co-authored by Bitcoin developer Jameson Lopp, proposed a phased mitigation plan to counter a possible pipeline to hackers. The plan was revealed at the invitation-only Quantum Bitcoin Summit of cybersecurity sleuths and blockchain developers, held in San Francisco last Monday. “ Never before has Bitcoin faced an existential threat to its cryptographic primitives ,” Lopp and his co-authors wrote in their BIP draft. “ A successful quantum attack on Bitcoin would result in significant economic disruption and damage across the entire ecosystem .” Lopp and five fellow developers listed three steps to safeguard the network. In the first phase, Bitcoin users would be prohibited from sending funds to quantum-vulnerable addresses. They would be directed to use a “quantum safe” new address format called P2QRH. Two years after the initial phase, the second step would freeze any coins still held in insecure addresses. The third and final phase, still under discussion, could allow users to recover frozen funds by using their BIP-39 seed phrases. “ This proposal is radically different from any in Bitcoin’s history, just as the threat posed by quantum computing is radically different from any other threat in Bitcoin’s history ,” the authors wrote. A past study by UK-based accounting services firm Deloitte investigated the aftermath of a quantum-based attack on the Bitcoin network. The company found that it could lead to mass liquidation of compromised coins. The result would likely be a collapse in price and market confidence, where hodlers will move for exit positions en masse, and in Lopp’s words, a “liquidation event” will ensue. “ People don’t believe it will happen until it happens, ” Julio Padilha, Chief Information Security Officer of Volkswagen and Audi South America noted in Capgemini’s report. KEY Difference Wire helps crypto brands break through and dominate headlines fast