The Shiba Inu price has risen by 6% in the past 24 hours, with the meme token rebounding to $0.00001381 on a positive day for most major tokens. SHIB is now up by 15% in a week and by 21% in the past fortnight, although the meme coin remains down by 26% in the past year. This latter percentage is disappointing, and what’s worrying about Shiba Inu is that even the rally of the past week has done little to alter its fundamental position, with large transactions falling by around 3 trillion SHIB over the past week. This suggests that the token may not do as well as other alts during the current bull period, although with numerous launches and updates on the horizon, the long-term Shiba Inu price prediction remains good. Shiba Inu Price Prediction: 3 Trillion SHIB Volume Vanishes – Is SHIB Going to $0? The drop-off in large transactions (worth at least $100,000) has been sudden, falling from 6.04 trillion SHIB a few days ago to only 1.87 trillion SHIB in the past 24 hours. This is a 69% decline, suggesting that demand may be departing SHIB already. That said, some perspective is in order, in that the figure for the past 24 hours lags behind SHIB’s rally today. In other words, this figure is likely to rise today, and if we look at the large transaction chart below, we see that it’s quite normal for volumes to fluctuate from week to week. Source: IntoTheBlock As such, the recent drop from a peak of 6 billion on July 13 isn’t particularly alarming, and if we look at the Shiba Inu price chart today, we see that it continues to build upwards momentum. Its indicators continue to rise from previously oversold positions, and we can see that they haven’t yet become overbought. For instance, its relative strength index (yellow) has almost touched 70, but its trajectory suggests that it will hit 75 or 80, if not higher. The same goes for SHIB’s MACD (orange, blue), which has only recently turned positive, meaning that the token still has more gains in it. Source: TradingView Assuming that the market continues its rally, we could see SHIB hit $0.000020 by the end of August, before ending the year close to $0.000040. This ascent will find support in upcoming updates and launches (e.g. Alpha Layer ), with Shiba Inu still working hard on being more than a meme coin. TOKEN6900 Passes $500,000 in Presale: Could This Be the Big New Meme Coin of 2025? If Shiba Inu remains unconvincing for some traders, they may want to diversify into one of the newer meme coins in the market. This could include highly volatile tokens such as SPX6900, Pump.fun and Pudgy Penguins, but it could also include presale coins, which can often rally big when they list for the first time (particularly if they’ve had a big sale). One of the most interesting presale coins right now is TOKEN6900 ($T6900), a meme coin that, like SPX6900, has taken its memes from the dot-com bubble of the late 90s and early 2000s. TOKEN6900 HAS RAISED $500K. u in? pic.twitter.com/2ZmeGYdOsL — Token6900 (@Token_6900) July 15, 2025 It opened its presale a few weeks ago and has already gone on to raise more than $500,000, offering an encouraging sign of its future popularity. In contrast to Shiba Inu, which has been striving in recent years to give itself more utility, TOKEN6900 is making a point of not having any. On its website, it proudly declares that its value doesn’t come from fundamentals, but rather from “Delusion, Irony, And The Collective Hallucination Of Terminally Online Trader.” So instead of offering a useful platform or app, it’s basing its growth on its viral marketing campaign and on cultivating a community of evangelists. This approach seems to be working so far, judging by the growth of its sale, and given the recent successes of SPX6900, it could do well once it launches. As a token, it has a max supply of 930,993,091 T6900, with holders able to stake the coin for a regular income. Investors can join its sale by going to the TOKEN6900 website and connecting a suitable wallet. T6900 currently costs $0.0066, although this will rise again in a couple of days. The post Shiba Inu Price Prediction: 3 Trillion SHIB Volume Vanishes – Is SHIB Going to $0? appeared first on Cryptonews .
BitcoinWorld Czech Koruna’s Resilient Rally: Why CNB Interest Rates Are Pivotal For many cryptocurrency enthusiasts, keeping an eye on global macroeconomic trends is just as crucial as tracking Bitcoin’s latest movements. The recent rally of the Czech Koruna offers a compelling case study in how central bank signals can profoundly impact currency markets, creating ripple effects across the broader financial landscape. What’s driving this newfound strength, and what does it mean for investors and the wider economy? Understanding the Rally: What’s Driving the Czech Koruna? The strength of the Czech Koruna can be primarily attributed to a significant shift in market expectations regarding the Czech National Bank’s (CNB) future interest rate policy. Earlier this year, market participants largely anticipated a series of aggressive rate cuts from the CNB, aiming to stimulate the economy as inflation seemed to cool. However, recent economic data has painted a different picture, leading to a moderation of these dovish expectations. Persistent Inflation: While headline inflation has decreased, core inflation, which excludes volatile items like energy and food, has shown resilience, indicating underlying price pressures. This suggests that inflation might not be falling as rapidly as initially projected. Strong Labor Market: The Czech Republic continues to boast a robust labor market with low unemployment rates and rising wages. This wage growth can fuel consumer spending, potentially creating upward pressure on prices. Global Economic Stability: A more stable global economic outlook, particularly within the Eurozone, the Czech Republic’s primary trading partner, has reduced the urgency for deep domestic rate cuts. This revised outlook has led investors to believe that the CNB will maintain its higher interest rates for a longer period than previously thought. Higher rates make a currency more attractive to foreign investors seeking better returns, thereby increasing demand for the Czech Koruna and driving its value up. CNB Interest Rates: The Core of the Koruna’s Strength The decisions made by the Czech National Bank regarding its CNB Interest Rates are the linchpin of the Koruna’s current performance. The CNB has adopted a cautious, data-dependent approach, signaling that it will only ease monetary policy when there is clear and sustained evidence that inflation is firmly on a path towards its target. Historically, central banks use interest rates as a primary tool to manage inflation and economic growth. When inflation is high, raising or maintaining high rates helps to cool down the economy by making borrowing more expensive, thereby reducing spending. Conversely, cutting rates stimulates the economy. The CNB’s current stance reflects its commitment to price stability, even if it means tolerating a stronger currency. Consider the recent trajectory of the CNB’s benchmark rate. After a period of aggressive hikes to combat surging inflation, the bank has held rates steady, resisting pressure for rapid cuts. This steadfastness has reassured the market that the CNB is serious about its inflation mandate. The expectation that CNB Interest Rates will remain elevated relative to some other developed economies creates a positive carry for investors, further bolstering the Koruna. The Czech Economy: Navigating Inflation and Growth The strength of the Czech Koruna has significant implications for the broader Czech Economy . A stronger currency can be a double-edged sword, offering both advantages and challenges. Benefits for the Czech Economy: Lower Import Costs: A stronger Koruna means that imported goods, including raw materials and energy, become cheaper. This directly helps to alleviate inflationary pressures and can reduce costs for businesses. Increased Purchasing Power: Czech consumers benefit from a stronger currency as their money can buy more foreign goods and services, including travel abroad. Attracting Foreign Investment: Higher interest rates and a stable currency can attract foreign direct investment (FDI) and portfolio investment, providing capital for economic growth and development. Challenges for the Czech Economy: Impact on Exports: A stronger Koruna makes Czech exports more expensive for foreign buyers, potentially reducing their competitiveness in international markets. This is a key concern for the export-oriented Czech economy. Tourism Sector: Similarly, a stronger currency can make the Czech Republic a more expensive destination for tourists, potentially affecting the tourism industry. Despite these challenges, the overall health of the Czech Economy , supported by low unemployment and a resilient domestic demand, provides a buffer. The CNB’s balancing act aims to achieve price stability without unduly harming economic growth. Navigating the Forex Market: Opportunities and Risks for Traders For participants in the global Forex Market , the Czech Koruna’s rally presents both opportunities and risks. Currency pairs involving the Koruna, such as EUR/CZK and USD/CZK, have experienced notable movements, reflecting the shifting sentiment. Opportunities: Carry Trade Potential: The relatively higher CNB Interest Rates compared to the Eurozone or the US make the Koruna an attractive currency for carry trades. Investors can borrow in a low-interest currency and invest in the Koruna to earn the interest rate differential. Directional Trading: Traders who correctly anticipated the moderation of rate cut expectations have been able to profit from the Koruna’s appreciation. Risks: Sudden Policy Shifts: While the CNB has been consistent, any unexpected shift in its Monetary Policy rhetoric or actual rate decisions could trigger rapid reversals in the Koruna’s value. Global Risk Sentiment: As a smaller, open economy, the Koruna can be susceptible to broader shifts in global risk sentiment. During periods of global economic uncertainty, investors often flock to safe-haven currencies, potentially putting downward pressure on emerging market currencies like the Koruna. Intervention Risk: Although less likely now, central banks sometimes intervene in currency markets to curb excessive volatility or prevent sharp appreciation/depreciation if it threatens economic stability. For those engaged in Forex Market trading, it is crucial to closely monitor CNB communications, key economic indicators from the Czech Republic, and global macroeconomic trends to make informed decisions. Monetary Policy Outlook: What’s Next for the CNB? The future trajectory of the Czech Koruna will largely depend on the Czech National Bank’s ongoing Monetary Policy decisions. The CNB has consistently emphasized its data-dependent approach, meaning that future rate adjustments will be dictated by the evolution of inflation, wage growth, and the overall economic environment. Several scenarios could unfold for the CNB’s Monetary Policy in the coming months: Gradual Cuts: If inflation continues its downward trend and approaches the CNB’s target, the bank may embark on a series of gradual rate cuts to support economic activity. These cuts are likely to be cautious and measured, reflecting the bank’s prudence. Prolonged Hold: Should inflation prove stickier than expected, or if global economic conditions deteriorate, the CNB might opt to hold rates at their current levels for an extended period, prioritizing price stability over growth stimulation. External Factors: Significant changes in the European Central Bank’s (ECB) policy or major geopolitical events could also influence the CNB’s decisions, potentially forcing it to adapt its stance to maintain stability. The CNB’s primary objective remains achieving and maintaining price stability. Its cautious approach to easing Monetary Policy is a testament to this commitment, aiming to ensure that the Koruna’s stability is built on solid economic fundamentals. Challenges and Considerations for Investors While the Czech Koruna ‘s rally highlights the power of central bank policy, investors should remain aware of inherent challenges. Currency markets are inherently volatile, influenced by a myriad of factors from economic data releases to geopolitical events. For cryptocurrency investors, understanding these macro shifts is vital, as they can indirectly impact capital flows and risk appetite across all asset classes, including digital assets. A stable traditional financial environment, partly underpinned by strong currencies, can foster broader confidence, which in turn might influence how capital is allocated across the investment spectrum. Conclusion: What Lies Ahead for the Koruna? The recent rally of the Czech Koruna is a clear indicator that market expectations around CNB Interest Rates have fundamentally shifted. The moderation of aggressive rate cut anticipations, driven by persistent inflation and a resilient Czech Economy , has provided significant tailwinds for the currency. For participants in the Forex Market , this presents both opportunities and challenges, demanding careful attention to the CNB’s ongoing Monetary Policy signals. As the Czech National Bank continues its delicate balancing act between combating inflation and supporting economic growth, the Koruna’s trajectory will remain a fascinating watch. Its resilience underscores the importance of central bank credibility and the nuanced interplay of economic data in shaping currency valuations. Investors and analysts alike will be keenly observing future CNB statements and economic releases to gauge the Koruna’s next move, cementing its position as a key currency to monitor in the global financial landscape. To learn more about the latest Forex market trends, explore our article on key developments shaping interest rates and global liquidity. This post Czech Koruna’s Resilient Rally: Why CNB Interest Rates Are Pivotal first appeared on BitcoinWorld and is written by Editorial Team
The global economic system undergoes transformation amid Trump's tariff impositions. Cryptocurrency market shows resilience despite tariff-induced macroeconomic challenges. Continue Reading: Trump’s Tariff Tactics Shake Global Economy While Cryptocurrency Adapts The post Trump’s Tariff Tactics Shake Global Economy While Cryptocurrency Adapts appeared first on COINTURK NEWS .
BigONE has suffered a devastating security breach, with hackers managing to drain over $27 million in assets within just minutes. The attackers moved quickly, executing cross-chain swaps across four major blockchains, leaving users in shock and traders uneasy. Swapped Into: 120 BTC (~$14.15M) 23.316 million TRX (~$7.01M) 1,272 ETH (~$4M) 2,625 SOL (~$428K) Involved Wallets: BTC: bc1qwxm53zya6cuflxhcxy84t4c4wrmgrwqzd07jxm TRX: TCAfB8jHbJ56xwmfwKwWEs8HLRjbC2GfHG ETH: 0x0A360bD648EB86613961a2AA41dC1610c5305F4F SOL: 7RWHQ7ujSFwokAPkAhHTdiPxRF2LmqrvgYEqDiAjLxdH Late yesterday, BigONE’s internal systems flagged unusual withdrawal activity. The team responded within minutes by suspending all deposits. However, by that time, the hackers had already gained control of the platform’s hot wallets. In a rapid series of transactions, they extracted millions in crypto. The attackers didn’t stop there. They immediately fragmented the stolen funds, pushing them through a mix of bridges and decentralized exchanges (DEXs). Assets were quickly swapped, some converted to privacy coins to obscure the trail. Each transaction happened almost instantly, making it difficult for investigators to keep up. SlowMist TI Alert The exchange @BigONEexchange was exploited due to a supply chain attack and loss exceeds $27 million. The production network was compromised, and the operating logic of account and risk control related servers was modified, enabling the attacker to withdraw… pic.twitter.com/GkxlNIUs6A — SlowMist (@SlowMist_Team) July 16, 2025 Blockchain analysts and on-chain sleuths wasted no time mapping the hacker’s four wallet addresses. All of them showed rapid, high-volume activity. The BTC address funneled all 120 BTC (about $14.15M) into a mixing service. The TRX wallet scattered over 23 million TRX across multiple accounts in a deliberate obfuscation attempt. The ETH wallet deployed 1,272 ETH via smart contracts to disperse funds. The SOL stash routed 2,625 SOL through the Serum DEX. Investigators have tagged each transaction, and screenshots of the movement are being widely shared on social media. Despite privacy measures, many of the hacker’s steps remain visible on-chain, allowing ongoing surveillance. BigONE Responds, Promises Full Reimbursement BigONE moved quickly to reassure its community. In a bold statement, the exchange promised to fully cover all user losses. They confirmed that insurance reserves would be used, and all withdrawals would remain paused until critical upgrades are completed. They’ve brought in external auditors, hardened their security infrastructure, and isolated hot wallets into secure enclaves. A full audit roadmap has been shared publicly, and white-hat hackers have been invited to test the new systems. “We stand by our users. We will cover every cent lost. Security upgrades are nearly complete. Thank you for your continued trust and patience,” BigONE said in a pinned post on X. The response has drawn mixed reactions. Some in the community applauded the fast, transparent action and the guarantee of reimbursement—a rare move in the crypto world. Others remain skeptical, questioning how such a breach occurred and whether user funds are truly safe moving forward. Regulatory agencies across multiple jurisdictions have begun coordinating their responses. Interpol, U.S. regulators like the SEC and FinCEN, and Asian watchdogs have all requested logs and incident reports from BigONE. These cross-border investigations highlight the complex legal landscape that continues to challenge crypto enforcement. Meanwhile, bridges and DEX platforms are tightening their KYC checks, and several protocols are revisiting on-chain AML safeguards. Conversations across the community are intensifying—particularly around the trade-off between convenience and custody. Key Takeaways: Hot wallets remain a critical risk , even for major exchanges. Real-time audits and responsive monitoring are essential. Clear, transparent insurance policies help rebuild trust. Privacy tools make asset tracing more difficult—but not impossible. The wallets used in this attack are still being tracked, and any further movement could provide clues—or expose vulnerabilities. While BigONE’s recovery plan offers reassurance, the crypto world is once again reminded of the high stakes involved. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
As hopes for a Binance listing fade, analyst Kim Wong sets the record straight, revealing three key barriers blocking the major catalyst for the PI coin price outlook . Despite a broader return of risk-on sentiment, the altcoin is leading 7-day losses in the top 100, seemingly excluded from recent market tailwinds. Geopolitical and macroeconomic FUD no longer clouds the narrative, and regulatory momentum is building a new wave of bullishness. Still, early resistance in the U.S. House to the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act has left markets cautiously optimistic for votes to flip in favour of “Crypto Week.” JUST IN: 210 Democrats and 13 Republicans voted against advancing Crypto Genius Act, Clarity Act & Anti‑CBDC Act. pic.twitter.com/tt4M2HX27O — Watcher.Guru (@WatcherGuru) July 15, 2025 The Three Reasons Binance Won’t List Pi Network In February, Binance launched a community vote to list PI Network. Despite receiving 86% of the votes in favor, the exchange did not list the token, leaving the listing up in the air. BREAKING: Binance set to LIST $PI By #PiNetwork as Community Vote in Favour. pic.twitter.com/tNjNwbQ6Jf — 𝑴𝒓. 𝑩𝒊𝒍𝒍𝒊𝒐𝒏𝒂𝒊𝒓𝒆 (@mr_cbillionaire) February 22, 2025 In a July 15 X post , popular analyst Kim H Wong shed light on why Binance and Coinbase still haven’t moved forward with a listing. The first key issue is that Pi Network’s blockchain isn’t fully open-sourced. Publicly accessible code facilitates trust and technical scrutiny, a standard the Pi Network has yet to meet. The second barrier is that there is no conclusive evidence that Pi Network has completed a third-party security audit from a reputable firm. This is a non-negotiable step for major listings on Binance and Coinbase. Major exchanges require rigorous security evaluations to protect users and comply with regulatory standards. The third reason is that Pi Network may not have formally applied for listing on either exchange, with no official confirmation from the Pi core team on progress. Exchanges often require proactive engagement from project teams, including detailed documentation and compliance with their listing criteria. Pi Coin Price Analysis: Why A Listing Matters A Binance listing is important as the market struggles to absorb the excess supply of token unlocks without a rise in demand to stabilise PI coin price moves. Deflationary pressures continue to compound the effects of short-term speculative trading as unlocks continue at an average rate of $6.48 million PI tokens per day, according to PiScan . PI coin unlock schedule over the next 30 days. Source: PiScan. Given Pi Network’s ongoing struggle with adoption, its price action remains largely speculative, lacking a meaningful use case to sustain long-term growth. Demand remains thin, but Pi Coin could soon catch up with the broader altcoin rally as it nears the end of a week-long falling wedge. PI / USDT 4-hour chart, imminent falling wedge breakout. Source: TradingView, Binance. Stubborn resistance at $0.446 is the final barrier to confirm a breakout, opening the doors to a potential 15% gain to reclaim $0.5055. Momentum indicators support the bullish case. The MACD is closing in on a golden cross, about ot surpass the signal line, a potential sign that the ongoing downtrend could reverse. More so, the RSI hovers just above oversold territory at 35, suggesting sellers may be losing steam and buyers could soon step in. However, failure to break resistance risks a drop to retest the wedge’s lower boundary. A breakdown from there targets lower support at $0.42. Narratives Are the Key to Gains – This One Still Flies Under the Radar The last bull run collapsed when the now-bankrupt exchange giant FTX was exposed for misusing customer funds. The narrative of the next bull run will emphasize security and self-storage. Best Wallet ($BEST) aims to fill this gap as the next-generation self-custody solution, bringing a robust set of features to challenge the dominance of MetaMask and Phantom. But it’s more than just a wallet. It introduces innovative tools like “ Upcoming Tokens, ” a crypto screener that helps users spot early opportunities while they still fly under most investors’ radar. Alpha doesn’t wait. Neither should you. Upcoming Tokens in Best Wallet puts early-stage projects in your hands. 1⃣ See what’s trending before the crowd 2⃣ Learn about each project with in-app info 3⃣ Buy and track your tokens all in one place Download Best Wallet today!… pic.twitter.com/SQofs9A6Na — Best Wallet (@BestWalletHQ) July 1, 2025 This utility extends to TradFi with Best Card, replacing the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted. This vision has already attracted almost $14 million in initial funding for its $BEST utility token. Its app is already featured on Google Play and the App Store. To learn more about Best Wallet, follow its official X , Telegram , or visit the Best Wallet website . The post Pi Coin Price Prediction: Still Not Listed on Binance – These 3 Hidden Barriers Could Be the Reason appeared first on Cryptonews .
WLFI’s financial performance in April was significantly impacted by a $157 million loss, primarily attributed to its crypto asset portfolio. However, had WLFI retained its previously acquired digital assets, the
US President Donald Trump has backed down from the idea of dismissing Fed Chair Jerome Powell. Trump called Powell “doing a terrible job,” pointing to eight months after her term expires and adding, “We'll make a change then.” According to US media reports, Trump recently asked Republican members of Congress during a closed-door meeting whether they should consider firing Powell. Some in the room suggested Trump was serious about the matter and might take action. However, according to constitutional authority, a president does not have the authority to directly fire a Fed Chair. Related News: Chinese Analyst Shares the Level He Thinks Bitcoin (BTC) Price Will Hit in Six Months Trump continued his harsh criticism of Powell. “She's always too late, that's why I nicknamed her 'Too Late,'” Trump said, accusing Powell of making interest rate cut decisions to benefit Democrats politically. It was noted that Powell was first appointed to the position by Trump in 2017, and Trump expressed his surprise, saying, “I was surprised she was appointed.” However, Trump directed his main criticism at President Joe Biden, arguing that Powell should not be reappointed for a second term. *This is not investment advice. Continue Reading: BREAKING: Donald Trump Puts an End to Allegations That He Will Fire FED Chairman Jerome Powell
BitcoinWorld Eclipse ES Token: Unveiling a Revolutionary Era for Ethereum Layer-2 and SVM The crypto world is abuzz with the latest groundbreaking development: Eclipse, a pioneering Ethereum Layer-2 solution, has officially launched its highly anticipated Eclipse ES Token . This isn’t just another token; it’s a critical component designed to power a new era of decentralized applications, bridging the robust security of Ethereum with the lightning-fast execution of the Solana Virtual Machine (SVM). The introduction of the ES token marks a significant milestone, promising to enhance scalability, reduce transaction costs, and empower its community like never before. What is the Eclipse ES Token and Why Does it Matter? At its core, the Eclipse ES Token is the lifeblood of the Eclipse network. More than just a digital asset, it’s engineered to fulfill multiple crucial roles that ensure the smooth operation and decentralized evolution of the platform. Think of it as the fuel that keeps the engine running, and the key that unlocks community participation. The primary functions of the ES token include: Network Gas: It serves as the native currency for transaction fees on the Eclipse network, making every interaction efficient and cost-effective. Protocol Governance: Holders of the ES token gain a voice in the future direction of Eclipse. This means participating in critical decisions, proposing upgrades, and voting on key protocol parameters. Staking Rewards: Users can stake their ES tokens to support network security and earn rewards, aligning incentives between users and the platform’s health. Fraud-Proof Challenges: A unique aspect where ES tokens can be used in the network’s security mechanisms, ensuring the integrity of transactions and data. With a total supply capped at 1 billion ES tokens, the allocation strategy reflects a commitment to long-term growth and ecosystem development: 35% Ecosystem and Development: Dedicated to fostering growth, supporting developers, and expanding the Eclipse ecosystem. 31% Early Investors: Recognizing the initial support that brought Eclipse to fruition. 19% Contributors: Rewarding the individuals and teams who built and continue to build the protocol. 15% Airdrops and Liquidity: Ensuring broad distribution and healthy market liquidity for the token. Bridging Worlds: The Power of Ethereum Layer-2 and Solana Virtual Machine What truly sets Eclipse apart is its innovative architecture. As an Ethereum Layer-2 solution, Eclipse aims to alleviate the congestion and high gas fees often associated with the Ethereum mainnet, while still inheriting its robust security and decentralization. But it doesn’t stop there. Eclipse ingeniously integrates the Solana Virtual Machine (SVM) , bringing the unparalleled transaction speed and low costs of Solana to the Ethereum ecosystem. This hybrid approach offers the best of both worlds: Scalability: Handling a significantly higher volume of transactions than Ethereum Layer-1. Speed: Leveraging SVM for near-instantaneous transaction finality. Cost-Efficiency: Dramatically reducing gas fees, making dApps more accessible. EVM Compatibility: Allowing developers to easily migrate or build dApps using familiar tools, reaching a wider user base. This fusion represents a significant leap forward in blockchain interoperability and performance, creating a powerful environment for decentralized applications. Empowering the Community: The Role of Blockchain Governance In the rapidly evolving decentralized landscape, Blockchain Governance is paramount. It’s the mechanism that ensures a project remains true to its decentralized ethos, allowing its community to steer its direction. With the launch of the ES token, Eclipse is putting the power directly into the hands of its users. Token holders aren’t just passive investors; they are active participants in shaping the protocol’s future. This includes: Voting on Upgrades: Deciding on new features, bug fixes, and improvements to the network. Parameter Adjustments: Influencing crucial settings like transaction fees, staking rewards, or even the network’s economic model. Treasury Management: Participating in decisions regarding the allocation of community funds for ecosystem grants or development initiatives. This democratic approach fosters a strong sense of ownership and collective responsibility, ensuring that Eclipse evolves in a way that benefits its entire ecosystem. Beyond Hype: Understanding the Crypto Utility Token’s Core Functions In the vast ocean of digital assets, distinguishing a true Crypto Utility Token from mere speculative assets is crucial. A utility token, by definition, provides access to a product or service within its ecosystem. The ES token perfectly embodies this definition, moving beyond speculative value to offer tangible utility within the Eclipse network. Its functions as gas, a governance tool, and a mechanism for staking and security challenges underscore its fundamental role. This isn’t a token designed just for trading; it’s an integral part of the network’s operation and security. For users and developers alike, the ES token facilitates seamless interaction with the Eclipse platform, ensuring a robust and self-sustaining ecosystem. This intrinsic utility is what gives the ES token its enduring value and purpose within the decentralized world. The Future is Bright: What’s Next for Eclipse? The launch of the Eclipse ES token is more than just an event; it’s the beginning of a new chapter for decentralized finance and application development. By combining the strengths of Ethereum’s security and Solana’s speed, Eclipse is poised to become a significant player in the Layer-2 landscape. As the ecosystem matures, we can expect to see a surge in innovative dApps leveraging its unique capabilities, further solidifying its position as a go-to platform for high-performance blockchain solutions. The journey has just begun, and the potential for the Eclipse ES Token and its underlying network is immense. In summary, the Eclipse ES token represents a monumental step forward for blockchain technology. As an Ethereum Layer-2 solution powered by the Solana Virtual Machine, it addresses critical industry challenges like scalability and cost. With its multifaceted utility as gas, a governance tool, and a mechanism for staking and fraud proofs, the ES token is central to Eclipse’s vision of a more efficient, decentralized, and community-driven future. This launch not only provides a powerful new infrastructure but also empowers its community to actively participate in shaping the next generation of decentralized applications. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum Layer-2 innovation and the future of blockchain technology. This post Eclipse ES Token: Unveiling a Revolutionary Era for Ethereum Layer-2 and SVM first appeared on BitcoinWorld and is written by Editorial Team
Over a span of 21 days, the Altcoin Season Index (ASI)—which rates between 0 and 100, with anything above 75 signaling an altcoin season—climbed significantly, rising from just 12 to 39 by July 16. From BONK to PENGU: Some Crypto Assets Are Exploding in Value as Altcoins Scream for Attention As of 11 a.m. Eastern
Canadian fintech company LQWD has announced a $10 million At-The-Market (ATM) Program to strategically enhance its Bitcoin holdings and support the Lightning Network infrastructure. This innovative financing approach offers LQWD