Justin Sun says gas-free transfers of stablecoins coming to Tron this year.

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Crypto Speak: TPS

In the fast-paced world of cryptocurrencies, speed matters! Transactions Per Second (TPS) measures a blockchain network's ability to process transactions quickly, making it a crucial metric for scalability and efficiency.

For instance, Bitcoin can handle only 3-7 transactions per second due to its Proof of Work consensus mechanism. In contrast, Ethereum processes 15-30 transactions per second using Proof of Stake. Newer blockchain platforms like Ripple boast even higher TPS rates.

Improving TPS is a top priority for developers as it directly impacts network performance, fees, and adoption. Strategies to enhance transaction speeds include optimizing network performance, implementing layer 2 scaling solutions, and exploring new consensus mechanisms. As the crypto space continues to evolve, the race for TPS is on!

✨main ➡️@ALLGATHERING

😀 The distribution of 21M $BTC 😀

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JUST IN: 🇩🇪 German Government sold 76% of its Bitcoin with its holdings down to 13,110 $BTC worth $767 Million 📈

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💰 Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K

Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.

✨main ➡️@ALLGATHERING

🇩🇪 After the German sold ALL their bitcoin somebody sent them $1.87 #Bitcoin  and inscribed the message “HFSP German government” 😀😀

✨main ➡️@ALLGATHERING

⚡️Major Telegram Bot Update
🪩ቢጫውን ጫን ብላችሁ መያዝ ብቻ ነው
🪩 ለ60 ሰከንድ ከ900+ ኮይን ይሰጣቸዋል
🪩በየ8 ሰአት እየገባችሁ መስራት ትችላላችሁ

🔗 Play and Claim Star | አሁኑኑ ጀምሩ

probably nothing

😀

Why is Crypto So Volatile?Understanding Market Movements

Cryptocurrencies are known for their high volatility. Here's why:

1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.

2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.

3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.

As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.

✨main ➡️ @ALLGATHERING

🤓Arthur Hayes: BTC will survive under any president

🪙 Arthur Hayes said that it doesn’t matter to BTC who will become the next US president — Harris or Trump. In his opinion, any successor to Biden will be forced to “print money”, the difference will only be in the nuances.

Main points:

🤪Hayes believes that creating a Bitcoin reserve is unrealistic even if Trump wins — the administration will rather buy precious metals.

🤪He is confident that the cryptocurrency will grow despite the winding path: “In the end, we know where it’s going.”

📈

✨main ➡️ @ALLGATHERING

💰 Bitcoin sell off is a "bear trap" and there is "a lot of institutional and retail interest" in #Bitcoin ETFs - Yahoo Finance

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The capitalization of the largest stablecoin Tether (USDT) has almost reached $115 billion

•Since the beginning of 2024, the capitalization of USDT has increased by almost $20 billion. After its fall to $66 billion in 2022, the figure has been growing almost without corrections.

•At the end of July, Tether reported record profits - for the first half of this year, the company earned $5.2 billion, and the company's consolidated capital amounted to $12 billion.

✨main ➡️ @ALLGATHERING

😎BTC/USDT ANALYSIS

Bitcoin is consolidating in an ascending triangle on the weekly time frame. It is currently bouncing off the triangle's trendline support, indicating bullish momentum.

However, the 21-day moving average is acting as resistance above the current price action. A solid breakout above the triangle is needed to forecast a new peak for BTC.

📈Crypto_room

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💡Harris Takes the Lead

On Polymarket, Kamala Harris has taken the lead in the race against Trump, leading him by 7%.

Who will be the new US president?

😎 — Trump
😇 — Harris

📈Crypto_room

✨main :- @ALLGATHERING

📊 VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist

Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”

📈Crypto_room

✨main :- @ALLGATHERING

🇻🇪 Venezuela will block access to Binance, Twitter (X) and other online services due to unrest resulting from the disputed presidential election.

Residents have been actively using Binance's P2P service, exchanging fiat for crypto to fight inflation.

📈Crypto_room

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NEW: 🇺🇸 Vivek Ramaswamy predicts Kamala Harris will embrace the #Bitcoin and crypto industry

"I think that will be a good thing for the country... It should not be a partisan issue."

📈Crypto_room

✨main :- @ALLGATHERING

🤔 ETFs are catching up with Satoshi Nakamoto's bitcoin holdings.

And BlackRock's Bitcoin ETF will soon overtake Binance in terms of the number of bitcoins in its account

📈Crypto_room

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🐶DOGS, BITGET $20K TON FCFS 200K USER

🤑Event Link -:
https://wn.nr/MnxL2JN

✨main :- @ALLGATHERING

📊 The 56th project on the Binance Launchpool will be the Toncoin (TON) blockchain project

The official launch and farming option is scheduled for August 15, 2024, after which users will have the option of income farming as well as BNB and FDUSD steaking to earn TON.

📈Crypto_room

🌟main :- @ALLGATHERING