Velorex
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As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction activity on the Bitcoin network.

Ordinals’ Unprecedented Impact: 53% of Bitcoin’s Weekly Transactions Defined by InscriptionsFast forward to 8:15 a.m. Eastern Time on Monday morning August 21, 2023, a significant 25,620,164 Ordinal inscriptions now grace the Bitcoin blockchain. Just a day ago on Sunday, the network witnessed the minting of Ordinals spike to its second-highest volume ever with 411,511 inscriptions. Still topping the chart is July 30, 2023, when a record 422,164 inscriptions were minted in a single day.
The New Era of Web3 User and Developer Experience Is Here, Thanks to the Radix Babylon Upgrade

Radix Publishing, the creator of the decentralized ledger platform, has announced the successful conclusion of its much-awaited Babylon mainnet upgrade. Radix has praised the Babylon upgrade as a revolutionary event for Web3 and the larger DeFi market, signalling the end of the Olympia era.

A “substantial update” to the Radix Network mainnet, the Babylon mainnet upgrade allows for the deployment of Scrypto-based smart contracts along with a host of new features and technologies, the most notable of which being the Radix Mobile Wallet.
Ripple’s XRP On The Verge Of Ultimate Price Explosion To $1 As Whale Accumulation Skyrockets

XRP has emerged as the top-performing cryptocurrency in the last 24 hours, leaving Bitcoin (BTC) and Ethereum (ETH) in its wake.

Notably, the price of XRP experienced an impressive 8.5% spike on Sunday to tap $0.67, with trading volumes skyrocketing from $1 billion to $2.7 billion over the last 24 hours. More remarkably, XRP has claimed the fourth-largest market capitalization, outpacing Binance Coin (BNB).
Ethereum (ETH) Layer-2 Scaling Solution Arbitrum (ARB) Suffers ‘Major Outage’ Amid Surge in Traffic

Arbitrum (ARB), a popular Ethereum (ETH) layer-2 scaling solution, suffered a major outage on Friday morning amid a “significant” surge in network traffic.

The protocol’s sequencer, which is responsible for ordering users’ transactions, stalled at 7:29 a.m. PST and didn’t resume operations until 8:57 a.m., according to Arbitrum’s status page.
SEC Receives Application From Financial Services Company To Issue New Interest-Bearing Stablecoin

A blockchain-focused financial services company wants to launch an interest-bearing stablecoin pegged to the penny.

According to a registration statement filed with the U.S. Securities and Exchange Commission (SEC) in October, the San Francisco-based Figure wants to set up a subsidiary called Figure Certificate Company.
Analyst Calls One Memecoin a ‘Kingmaker Trade,’ Predicts Incoming Surge for AI-Related Crypto Asset

A crypto strategist who nailed Bitcoin’s (BTC) 2018 bear market price floor says he’s looking at one memecoin to generate massive returns this cycle.

Pseudonymous analyst Bluntz tells his 240,900 followers on the social media platform X that the Solana (SOL)-based memecoin dogwifhat (WIF) is his “highest conviction” trade this cycle.
FTX Bankruptcy Estate Sells Locked Solana Tokens Worth $1.9 Billion at Huge Discount of $64 per SOL

FTX bankruptcy administrators led by FTX CEO John J. Ray III have successfully sold a significant portion of their Solana (SOL) token holdings, raising approximately $1.9 billion for the FTX estate.

According to a Friday report by Bloomberg, this sale stemmed from the collapse of the FTX crypto exchange and its sister firm, Alameda, in 2022. Between 25 million and 30 million locked-up SOL coins, priced at $64, were involved. This represents a substantial 63% discount from SOL’s prices at the time, which hovered around $172.
Chainslama.com Launches Innovative Tools for More Convenience Trading

London, United Kingdom – Chainslama.com, an international trading platform known for its comprehensive suite of asset options and user-friendly design, announced the launch of its new suite of innovative tools created to revolutionize the trading experience for novice and experienced traders.

The latest enhancements include a state-of-the-art dashboard that integrates real-time market data and analytics tools with a customizable interface. This allows traders to tailor their trading environment to their strategies and preferences. Additionally, ChainsLama has rolled out an upgraded mobile-compatible platform with features that ensure its users can manage their portfolios and make transactions on the go with the same efficiency and depth as any device.
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
$130,000,000,000,000 Capital Rotation Coming to Bitcoin, Stocks and Gold, According to Macro Guru Luke Gromen

Veteran macro investor Luke Gromen believes that tens of trillions of dollars will move away from the US bond market and into Bitcoin (BTC), gold and stocks.

In a new Kitco NEWS interview, Gromen says that he sees liquidity being drained from the $130 trillion bond market.

According to the macro guru, central banks around the world are afraid of stockpiling US Treasuries after seeing how the government can arbitrarily confiscate a country’s holdings.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Next Bitcoin Breakout Above This Key Level Should Trigger Serious FOMO, Says Crypto Strategist

A closely followed crypto analyst says the next Bitcoin breakout could create enough momentum for sidelined traders to finally jump into BTC.

Pseudonymous analyst The Crypto Dog tells his 804,500 followers on the social media platform X that he’s looking at $65,000 as the level where momentum fully swings back to the side of BTC bulls.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Huge Bitcoin Price Explosion Inbound? Analyst Who Nailed 2021 Crash Suggests Bitcoin Setting Up For “Fireworks”

A seasoned crypto trader, who is widely known in the cryptosphere for accurately forecasting the May 2021 collapse, has recently shared his optimistic outlook on Bitcoin’s price performance in the last quarter of 2024.

In a recent post, pseudonymous analyst Dave the Wave hinted at Bitcoin price “fireworks” in Q4.

The Fireworks Are Just About To Begin For Bitcoin The world’s largest and oldest cryptocurrency displayed a remarkable rebound on Tuesday after an ugly start to September, during which the price tumbled under $53,000.

Bitcoin was hovering around $57,519 at publication time, up 1.4% over the past 24 hours. Even so, BTC remains lower by about 3% for September and down nearly 21% since setting a historic high above $73,700 in March.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU