Daily Memecoin Recap - October 24

Look at the amount of runners that go above $3m market cap. Use this as motivation to lock in

ChatGPT Coin
#gpt2 -> hit $44 .2m
$stawb -> hit $4 .9m, project strawberry, iruletheworldmo

- Followed by ChatGPTapp

- ChatGPT made a chatbot. The chatbot made this coin
- Rumors that iruletheworldmo
, who is bullposting #gpt2 , is sama's alt account (Open AI's = ChatGPT's founder)

Andrew Tate Shills An AI
$tate -> hit $10 .2m, tate terminal
$tateAI -> hit $5 .22m, terminal of tate
#tateterm -> hit $2 .65m
$daddy -> hit $2 .17m
#daddyAI -> hit $1 .17m
$rnt -> hit $800k , RNT terminal
- $tate is followed by Cobratate

- Andrew Tate tweeted about it

The Dev Is A Cat
$kira -> hit $2 .53m
- First cat to deploy a coin on pumpdotfun

AI Plays Of The Day
#project89 -> hit $23 .4m
$test -> hit $8 .24m,
$dream -> hit $3 .77m

Coinbase CEO's Wife's Instagram Gets Hacked
$ruston -> hit $11 .38m, launch on $base
- Hackers profited over $300 ,000

Artificial Intelligence Dominates
$forest -> $12m to $33 .3m (2.77x)
#memesAI -> $7m to $31m (4.4x), pushed by KOLs,

$shegen -> $12m to $27m (2.25x)
$xvi -> $1 .2m to $9 .27m (7.7x)
#childAI -> $429k to $8 .23m (19.2x)
#kundalini -> $372k to $2 .58m (6.9x)
$murphy -> hit $4 .75m
$neo -> hit $3 .2m
$ppmp -> hit $3m , AI-generated script launched an AI-generated coin
$viora -> hit $2 .96m
#egregor -> hit $2 .61m
$dreams -> hit $2 .13m
$AIcats -> hit $2m , game
$lucid -> hit $1 .56m
$nig -> hit $1 .5m, nig terminal

More Cooks
$e /acc -> $10 .2m to $22 .8m (2.24x), Effective accelerationism
$koto -> $700k to $8 .42m (12x)
$worm -> hit $14 .3m, unique concept, worm game
$non -> hit $8 .86m, moonshot launch, $72k + in LP Rewards
$horny -> hit $6 .46m
$run -> hit $4m
$pipo -> hit $2 .74m, hippo meme
$catcoin -> hit $2 .63m
$return -> hit $496k , return to tradition

In this meta, be on the lookout for any new AI tech; that's what runs the most

Did you cook today? Drop some PNLs👇

📅 We are entering the "Uptober".

Historically, October has been a bullish month, with BTC seeing an average gain of 22.9% in 8 of the last 9 Octobers.

A similar increase would take us above $78 ,000, pushing the #Bitcoin above its ATH.

Although ETH tends to perform well in October, its average returns over the last 8 months of October have been around 5%.

The prosecutors may be lying, opportunistic thieves.

But the judges have proven once again that justice exists here in Romania.

All of my cars that have recently been seized from me will be returned in less than 24 hours.

Credit to them on yet another good call.

Over soon.

💬 MicroStrategy could soon generate returns by lending its bitcoin holdings.

That's what Mark Palmer of Benchmark thinks

https://www.theblock.co/po...

HIGHLIGHTS FROM SOLANA BREAKPOINT DAY TWO

Solana Breakpoint Day One set a rapid pace, with milestone announcements about Firedancer, key product updates from Jupiter, and trillion-dollar asset manager Franklin Templeton disclosing its intention to build a mutual fund on Solana.

Despite the high expectations following a blistering Day One, Day Two kept the momentum alive and delivered plenty of showstopping announcements.

COINBASE TO LAUNCH cbBTC ON SOLANA
Coinbase, one of the industry’s most popular centralized exchanges, announced its intention to deploy its wrapped version of Bitcoin on the Solana network. Since launching on Ethereum and Base just a few weeks earlier, cbBTC has quickly climbed the ranks to become the third-largest wrapped Bitcoin token in the market.

The move is expected to bring more of Bitcoin’s deep liquidity to Solana, where cbBTC can be integrated into various DeFi applications and increase capital efficiency on the network.

FIREDANCER LIVE ON MAINNET FOR NON-VOTE TRANSACTIONS
FireDancer may have stolen the show on Day One, but the Jump Crypto developers weren’t content to stop there. Firedancer’s Research and Development Architect, Phillip Taffet, and Production Engineer Anway De announced that the full Firedancer validator client was now live on the Solana mainnet for non-vote transactions.

But that wasn’t all that the Firedancer team had in store. A live demo also demonstrated the Frankendancer client executing 1.04M transactions per second.

MAGIC EDEN UNVEILS NEW FEATURES
Magic Eden, the blockchain industry’s largest NFT marketplace across all chains in terms of trading revenue, outlined some of its future plans.

Showcasing a more composable cross-chain ecosystem Magic Eden teased new features like the ability to swap fungible assets on one chain for non-fungible assets on a completely different network.

In a move that didn’t surprise anyone, Magic Eden also announced that its upcoming $ME token will be launched on Solana.

deBridge ANNOUNCES TGE
The deBridge ($DBR) token airdrop has been one of the most anticipated TGEs in recent months.

To thunderous applause from a captivated audience, deBridge co-founder Alex Smirnov announced that $DBR is scheduled to go live on the 17th of October.

Smirnov also used his time in the spotlight to share a wealth of new product features coming to the deBridge application, including gasless bridging and the integration of new chains live Bitcoin and Tron.

BONK ETP
One of Solana’s favorite memecoins, BONK made its presence known at Breakpoint. But beyond the BONK boxing ring, BONK core contributor Nom highlighted the prolific growth of the Bonk brand, which has secured impressive partnerships across the Web2 world, like its sponsorship of Borussia Dortmund.

Affirming BONK’s rise from memecoin, to cultural movement, to financial entity, Nom also announced the team’s intention to launch a BONK ETP. The move is believed to be a precursor to an eventual BONK ETF.

SANCTUM ANNOUNCES BIG UPDATES
Sanctum, the Solana DeFi powerhouse bringing greater flexibility to LST (Liquid Staking Tokens), announced several exciting updates.

First, Sanctum co-founder FP Lee introduced ‘Creator Coins’, a novel spin on LSTs that provides new tools for individuals, communities, and businesses to build, grow, and monetize their audiences.

Lee also announced the upcoming launch of a Sanctum card. Conceived in collaboration with BasedApp and Jupiter, the Cloud Card is expected to facilitate real-world payments using Solana-based crypto assets.

Finally, the Sanctum founder also shared that the platform’s polarizing incentives campaign, Wonderland, would be making its return soon with a second season of rewards.

📂 BlackRock publishes a report called “Bitcoin: A Unique Diversification”.

Bitcoin is seen as an asset with unique characteristics that can serve as an effective means of diversification in a context of growing global instability.

“Bitcoin, with its high volatility, is clearly a ‘risky’ asset in its own right. However, most of the risk and potential return factors that bitcoin faces are fundamentally different from traditional ‘risky’ assets, making it unsuitable for most traditional financial markets.”

💥 Bitcoin is correlated with money supply growth!

The "coincidence" between the ATHs of the last two bullruns and the coin issuance is striking!

⏳ The return of the printing press being only a matter of time, this is rather good news for us 👌

The debate between Donald Trump and Kamala Harris was heated to say the least...

The summary 👇

What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.

Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.

Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement

Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.

Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.

Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.

Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive

Until October or November, #Bitcoin will not move from the range it is in. I already told you in June that the summer was going to be very quiet, the whales and market makers still have to return from vacation and do not feel like working.

Still, trading in the current market situation seems like a great opportunity to me: I will trade LONG (Futures) and BUY (spot) if we fall below $55K .

Looking ahead, buying at these prices seems like a bargain to me. Last time I said this, #btc was at $15K , in 2022. The rest was history.

BTC, Bitcoin's local setup is still holding, holding the local support zone. But still, now the main movement is following a medium-term setup, a medium-term pattern. Now the price is just below the middle of this pattern and below 60,000, there has been no consolidation below. The bulls have literally several days to return the level of 60,000 and go above the local resistance zone. Also, the local key zone is 62,000, where there is an open level. Let me remind you that many major players and traders are waiting for September 11th. US inflation data, which can be used to predict a future rate cut on September 18. Two key days in September! There is minimal time left. A market reversal is more than likely to occur during these dates. But don't expect that one candle will reach the highs in one hour! The altseason is 21 years old, the main part of altcoins went to the historical max. 8 months. And a number of other altcoins were moving towards a historical maximum of +-16 months (for example, LUNA). On this squiz, the whales actively bought Bitcoins and took them off the exchanges while the paper snot whined and sold their bitcoins.

the withdrawal from the exchanges exceeds the input - 40%, 17,000 btc

Altcoins, the month of September will be key, an additional set of altcoins will be closer to September 11th. It is on the dogosrok-the average day. The turnaround will be fast and many will bite their elbows. But there is still time and perhaps one of the last chances. Let me remind you that we are at the beginning of a new cycle!

https://www.tradingview.co.../

Tokenized US Treasury Bonds Surpass $2 Billion!

Does this sentence (and its implications) seem incomprehensible to you?

Let's break it down together

1. US Treasury bonds

These are securities issued by the American government, purchasable by anyone on traditional financial markets.

You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)

Treasury bills are simply acknowledgements of debt.

The US government is indebted to you (congratulations, you have a superpower in your pocket!)

2. “tokenized”

Literally: injected into a blockchain

Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.

We are talking about "tokenization of financial assets"

3. What for?

Let's simplify:

- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...

To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.

These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)

In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto

💬 "The time has come"

"There are good reasons to believe that the economy will return to 2% inflation while maintaining a strong labor market"

These are the words of Jerome Powell, chairman of the FED

BTC, this is the second time Bitcoin has failed to return 60,000. The daily candle opened below 58,800, where there was a local support level. The next local support zone is 57 700-56 175. The price is more likely to adjust to this zone. Let me remind you that the medium-term pattern is currently being traded, see the chart. The pattern is quite wide, but still, the patterns are trading on a breakdown in one direction, below the medium-term support zone, this is the lower line of the pattern. The re-test of which is still quite feasible, but I do not expect below the Bitcoin support zone.

withdrawal from exchanges exceeds input - correlation
(for those who don't know what correlation is! In this case, it is 0 correlation or - the same thing. In this case, it tells us that the input output is the same.)

Altcoins, there is still a little time to buy or set positions. The US Federal Reserve is more than likely to cut rates on September 18! And it is even possible to immediately increase by 0.5%. Also, the beginning of growth in Altcoins, significant growth. I will expect after the breakdown of the resistance zone of 70,000-73,000 for Bitcoin. The beginning of the altseason will certainly be there. But do not expect that altcoins will immediately shoot up 100 x in one day. This will be the beginning of growth towards the peak of the altseason. The peak of the altseason does not happen in one day. The last peak of the altseason was in two parts. The growth began in September - October 20, and the peak was reached only later for some altcoins in February 21, for others in the fall of 21. This means that there has been significant growth for the whole year.
It will be the same in this cycle +-

https://www.tradingview.co.../

💬 For Arthur Hayes, an altseason will ONLY begin when Bitcoin exceeds $70 ,000 and Ethereum exceeds $4 ,000.

For him, if these levels are reached, $SOL could reach $250 during this altseason.

“Altseason will only return after Bitcoin and Eth have decisively surpassed $70 ,000 and $4 ,000, respectively. The combination of a dollar-liquidity-inspired Bitcoin and Eth rally through the end of the year will create a solid foundation for the return of a sexy shitcoin party.”

https://cointelegraph.com/...

BTC, yesterday there was a re-test of the 60,000 level, which could not be immediately returned. Let me remind you that a lot of important data will be released this week, with the help of which the market can turn around if there is good data. The right step is to wait for this news within a week, make an action plan, place limit orders and wait. There is no place to pour free fiat directly into the current ones. We also read the post above, which describes the local support levels.

the withdrawal from the exchanges exceeds the input - 18%, 1,200 btc

Altcoins, the situation is similar here. I keep a free fiat until the data is released. Yesterday, as we saw, most altcoins showed growth, as a result of a slight correction in the dominance of Bitcoin. Subject to a deeper correction of Bitcoin's dominance, one can imagine what percentages of growth altcoins can show. There is not much time left to recruit altcoins. The correction in the market cannot be eternal...The growth of altcoins is a matter of time.

https://www.tradingview.co.../

BTC is trying to gain a foothold above the 60,000 level. Closing the weekly candle above this level will give a new local impulse. Towards the upper boundary of the pattern, at the current it is the 69,000-70,000 zone. Locally, there is also an unclosed 58,000 level from below, the re-test of which can be organized by Market Makers with a quick squiz. The bulls almost returned the drop last weekend. The growth in Bitcoin was quite confident, as well as many indicators point to a local bottom. In the coming month, it will be important to reduce US inflation to less than 3%, and lower rates. Hedge funds have been actively buying BTC on the recent decline, and optionalists are betting on a rise to $100 ,000. Everything points to an exit from the pattern, and a breakdown of the key resistance zone of 70,000-73,000. In the next month and a half.

withdrawal from exchanges exceeds input - correlation

Altcoins, the situation is the same with altcoins, all those news and important points that are described above on Bitcoin will give a significant increase in altcoins in the next month and a half. If you look at Altcoins, most of them are at the lower edge of the flat, which is more than two years old. Getting out is a matter of time. Many people are now trying to save pennies by entering altcoins, to find the bottom. After playing too much, many have forgotten how the growth of altcoins begins. Economists and waiters are lower below-there is very little time left for a set of normal altcoins that I have in my portfolio.

https://www.tradingview.co.../

⚖️ A company specializing in the recovery of funds following scams #crypto , scams its customers.

On August 5, the Department of Homeland Security reported that an investigation by its New York task force had resulted in charges against Michael Lauchlan, who ran Coin Dispute Network (CDN), a fraudulent crypto asset recovery business.

Lauchlan allegedly kept the fees and, in some cases, extracted additional ETH from nearly 175 customers, using false promises and fake blockchain tracing reports.

This is the first time a cryptocurrency recovery site has been shut down by the Manhattan District Attorney's office.

"Michael Lauchlan allegedly exploited his clients' lack of experience in the cryptocurrency industry and in return defrauded them of thousands of dollars in fraudulent services and stolen assets," the investigator said

https://cointelegraph.com/...

GM friends ☕️
This morning, Bitcoin is back at $57 ,500!

Just a little more effort and we will erase all the fud and the fall of the last few days with a return to $60k 👀

The question of the day :
Did you buy back cryptos during this correction?

Have a nice day ☀️

👻 A "Ghost Month" for #Bitcoin ?

In Asian culture, a "ghost month" is a period associated with bad luck, and this year it runs from August 4 to September 2, according to the Chinese lunar calendar.

Historically, Bitcoin has always demonstrated negative returns during this particular period.

The recent 20% flash crash to $49 ,000 seems to confirm the recurring trend since 2017

https://cointelegraph.com/...

The current geopolitical situation presents several factors that could prompt Iran to act, mainly due to the dynamics between Russia and the West.

🔹 Geopolitical Context:

The West, especially the United States and European countries, are providing significant military and economic support to Ukraine in its fight against Russian aggression. This assistance is aimed at weakening Russia, both economically and militarily.

🔹 Russian Strategy:

Russia, facing tough sanctions and increased support for Ukraine, may seek to divert international attention and weaken Western unity by creating crises elsewhere. In this context, provoking tensions in the Middle East could be a strategy to divide the resources and attention of Western powers.

🔹 Role of Iran:

Iran is a key player in the Middle East, with interests and alliances that put it at odds with Israel and, indirectly, with the United States. By escalating tensions with Israel, Iran may seek to exploit Western vulnerabilities and distract from issues in Eastern Europe.

🔹 Israel and US Support:

Israel is a strategic ally of the United States in the region, and tensions with Iran could lead to an escalation that could, in turn, divert some Western aid and support to Ukraine. Such a situation could weaken Western pressure on Russia.

An escalation could then lead to a final low in the markets, however, keep in mind that if this happens, there is NO cause for concern. Whether it was during Covid, the fall of FTX, or the Russian invasion of Ukraine, the #Bitcoin has always returned to its previous levels.

No matter what happens, Bitcoin will go much higher. Just be careful if you use leverage in this volatile time.

For the SPOT, HODL! 🚀

I want to return to this winter fairy tale!

#Bitcoin

We can say it, it's a quality cleaning!!

Open interest took a big hit and funding was reset and returned to positive, which is a good thing.

Now, I would advise you to be patient and not to rush headlong into raising big longs because you can't catch a falling knife and above all, given the head of the OBV, the market has not yet returned purchase.

PATIENCE IS KEY

After years of development behind the scenes, the Paladin team is finally showing its hand. Proposing a more egalitarian approach to MEV rewards, Paladin aims to discourage MEV frontrunners and provide an alternative that is more profitable for everyone.

With MEV bots reportedly extracting millions from Solana DEX markets every month, Paladin might just be the knight in shining armor that Solana DeFi needs.

Fully decentralized, open-source, and permissionless, Paladin’s mission is to eliminate predatory MEV on Solana. But how does it work?

THE PALADIN BOT
Designed to run within the Jito client, the Paladin bot is a fast open-source arbitrage bot. It runs locally in a validator and only operates when that particular validator is the leader.

The Paladin bot relies on three distinct features to improve a validator’s APY (Annual Percentage Yield):

- Atomic Arb Bot - Not to be confused with a frontrunning sandwich bot, Paladin is a high-performance arbitrage bot that is faster than external searchers.

- CeFi/DeFi Arb - Leveraging a permissionless DeFi bulletin board that communicates directly with slot leaders, Paladin is able to capture MEV through CeFi/DeFi price discrepancies.

- PALAggregator - Running exclusively within the leader, Paladin bot knows with certainty the exact price of every asset in real time. The bot can use this advantage to find a better path on trades and share the surplus rewards with the wallet that executed the transaction.

Essentially, the Paladin bot is a powerful tool that is altruistically employed to benefit and incentivize honest validator behavior.

To reap the benefits of Paladin, validators need to operate the Paladin bot, which in turn rewards holders and stakers of the protocol's native token, PAL.

PALADIN REWARD DYNAMICS - THE PAL TOKEN
Breaking the trend of providing speculative governance tokens, Paladin has opted for a more tangible token economy driven genuine value accrual.

PAL, the protocol’s native token, serves as the means by which MEV rewards are distributed to stakers and validators running the Paladin Bot, or ‘Palidators’.

MEV rewards captured by Palidators are distributed as follows:

- 90% is returned to the leader

- 5% is directed to Palidators and their stakers, proportionate to the amount of SOL staked

- 5% is passed to PAL token holders. However, given that 50% is airdropped to validators and PAL stakers, unstaked PAL holders receive 2.5%

While PAL is not a governance token, it does play a crucial role in the ecosystem outside of reward distribution. If Palidators are believed to be operating dishonestly, PAL stakers can vote to slash that Palidator’s stake, burning its PAL.

The protocol aims to distribute MEV rewards among honest ecosystem contributors in a way that everyone wins, as opposed to a competitive scramble for larger pieces of the MEV pie.

Despite a relatively muted social presence, the Paladin launch is generating excitement behind closed doors. In an exclusive statement with SolanaFloor, Paladin representative Uri Klarman revealed that “8% of Solana stake have committed to being a launch partner and run Paladin ahead of the launch.”

Additionally, the protocol has plenty of resources to encourage continued development and expansion from ecosystem developers.

According to Klarman, a budget of $5M per year has been committed to continued development, meaning that ecosystem developers may be sufficiently inspired to expand Paladin beyond the Jito client to Firedancer and any subsequent clients in the future.

Paladin’s unique approach to MEV and reward distribution acknowledges that it’s impossible to prevent validators from frontrunning transactions. However, should the Paladin protocol prove successful, its reward structure would be a more economical alternative, hopefully making Solana an efficient DeFi ecosystem for all users.

BTC tested the growth support zone from the 53,000 level. From where there were significant purchases. A repeated re-test of the support area is possible. In order for it not to happen, it is necessary to keep the level of 64,000. It is also necessary to return the level of 65,500 within two to three days. There are also key exit levels from the medium-term flat. This is a downward trend line, see on the chart, and an uptrend in the role of support, which must be maintained.

withdrawal from exchanges exceeds input - correlation

Altcoins, the Bitcoin dominance that drew a breakdown on the pattern, have returned. There is no breakdown of this pattern on the current ones. Therefore, I always write and say that it is necessary to wait for a breakdown and fix it!
The dominance of Bitcoin continues to grow from yesterday. While the dominance of Altcoins is decreasing. The growth of altcoins will begin at least after the breakdown of the key resistance zone for the price of Bitcoin, with a breakdown and a gain above 73,000. In any case, Altcoins will not be in a bearish trend for very long. Patience is a profit.

https://www.tradingview.co.../

Crypto affluent, fiat frustrated… Strong belief that a 2nd bankruptcy can’t ruin me. Donald would agree 100%. I paid $9000 into a Consumer proposal, then realized I was maintaining “credit” with the wrong creditor (BTC)…. A new age indeed. Our hopes are high that we can get a return!

❌ In July, hackers stole $266 million of crypto through 16 attacks.

🔹 WazirX: $230 million (CeFi)

🔹 Compound: $24 million

🔹 LI.FI: $9 .73 million

🔹 Bittensor: $8 million

🔹 RhoMarkets: $7 .6 million (Returned)

🔹 Terra: $4 million

🔹 DoughFina: $1 .86 million

🔹 Minterest: $1 .4 million

🔹 MonoSwap: $1 .3 million

🔹 DeltaPrime: $1 million ($900,000 returned)

Most of the stolen funds were transferred to Tornado Cash.

✈️ Alexander Vinnik, the Russian crypto crook, released following a large-scale prisoner exchange between Russia, the USA, Germany and Belarus?

This is the crazy rumor spreading on X, after the An-148 plane with flight number RA-61727, which had landed in Kaliningrad, Russia, returned to Moscow.

This plane had already been used for prisoner exchanges between Russia and other countries.

The RIA news agency reported that this large-scale prisoner exchange was taking place between Russia, the USA, Germany and Belarus

Among them, the Russian Alexander Vinnik, who must serve a sentence in the United States for money laundering of nearly 9 billion dollars via the cryptocurrency exchange BTC-e, and whose name mysteriously disappeared from a database of prisoner data.

https://www.reuters.com/wo.../

BTC, yesterday at the meeting of the US Federal Reserve, rates were left at the same level of 5.5. The forecast was absolutely the same. But the market still didn't like this moment. Bitcoin has adjusted, but if you look at the chart, this is a healthy correction after Bitcoin's growth from the 53,000 level. The support area for this local growth is marked on the chart. So physically, the uptrend itself plays the role of support. This is a key medium-term support that cannot be lost. Now Bitcoin is trading within the framework of a medium-term model with compression from above. The key support levels on the current medium-term model are 58,000-60,000 and resistance is 70,000-73,000.

withdrawal from exchanges exceeds input - 12%, 12,500 btc

Altcoins have not yet returned to the bottom of the correction from the beginning of last month, but they are already close. Nevertheless, the average is now 0.786 fibonacci line on altcoins. The next Fed meeting is already on September 18. Theoretically and technically, altcoins on average have setups that will be ready by August 10-20. In fact, if all the data of the US economy are such that will lead to a subsequent reduction in the % rate, we will see the beginning of growth. Of course it's only a matter of time! Many altcoins are from the top100, I'm not talking about shield coins in the 10000 place right now. We are talking about normal altcoins. Which are at their bottom of the crypto winter, and their growth is a matter of time! Weak paper hands will leave this market with nothing. The strong ones will take the profit!

https://www.tradingview.co.../

After causing significant congestion issues across the Solana network in April, the ORE mining protocol returns to “revive the long lost dream of crypto as p2p electronic cash.”

Love it or hate it, Proof-of-Work crypto mining is returning to Solana. ORE, the wildly popular mining protocol that besieged the Solana blockchain in April is returning, promising a revised and more egalitarian approach to distribution.

With ORE price climbing over 100% in anticipation of the relaunch, the question needs to be asked: What will be different this time around?

ORE v2: WHAT'S DIFFERENT?
Pseudonymous founder HardHatChad launched ORE as an experimental Solana hackathon project in April 2024. Leveraging a Proof-of-Work mining concept on a high throughput Proof-of-Stake blockchain, HardHatChad aimed to create a truly fair token launch.

In a matter of days, the Ore protocol objectively became the most used program in the Solana ecosystem at the time, generating over 12M transactions between 124k+ users.

However, due to flaws within the project’s model and network congestion issues caused by the ORE mining, HardHatChad opted to pause mining to focus on redevelopment. Despite the chaos, OreSupply took home the grand prize at the Solana Renaissance Hackathon.

After months of development work behind the scenes, HardHatChad has teased the relaunch of ORE v2. Courtesy of several key changes, the passionate founder renews his mission to “revive the long lost dream of crypto as p2p electronic cash.”

HERE'S WHAT TO EXPECT:
• No Admin Variables - The revised protocol will rely on open-source algorithms to manage all program variables, such as mining difficulty.

• Mining Multipliers - Staking ORE tokens gives miners a rewards multiplier of up to 100%, based on their proportional stake. This only applies to miners submitting valid hashes and cannot be abused through flash-loans.

• Fixed supply - Like Bitcoin, ORE has a fixed maximum supply of 21M. One ORE will be issued per minute, projecting a fully emitted supply by 2064.

• Sybil Protection - In the relaunched protocol, miners will maximize rewards by submitting the most difficult hash possible. This is expected to discourage sybil miners and mitigate network congestion.

• Accessible Hash Function - A new hash function closes the performance gap between high-end hardware and consumer devices, lowering ORE mining’s barrier to entry.

• Client Software - OreSupply has revamped its software to improve performance and reliability. HardHatChad also promised to launch client software that will be compatible with the Solana Saga mobile device.

• Immutable Contract - Once mining dynamics have stabilized, the OreSupply contract will be permanently frozen, meaning that no further changes can be implemented to its code.

The OreSupply team hopes that by implementing these changes, the protocol will be better suited to wider adoption within the Solana ecosystem.

According to ArkhamIntel $3 .1B BTC moved by Mt. Gox Last night 33.96K BTC ($2.25B) to addresses are most likely BitGo.

BitGo is the 5th and final custodian working with the Mt. Gox Trustee to return funds to creditors.

After these transfers, Mt. Gox now holds 46.16K BTC ($3.06B).