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Paradigm Advocates Speeding up Ethereum Innovation

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Paradigm, a leading crypto venture capital and research firm, has called for Ethereum to speed up its update cycle. The firm believes the network’s current pace of one annual update limits its ability to innovate and remain competitive.

In a detailed post, Paradigm co-founder Matt Huang, alongside CTO Georgios Konstantopoulos and general partners Dan Robinson and Charlie Noyes, emphasized the need for more frequent upgrades. They believe this shift would help Ethereum adapt to market changes and technological advancements without compromising its core values.

Paradigm Calls for Faster Ethereum Updates

Paradigm highlighted two primary barriers to Ethereum’s progress: inertia and ossification. The firm explained that ossification or the deliberate slowing of core protocol changes to preserve decentralization, poses risks to Ethereum’s competitiveness and governance structure.

According to Paradigm, slow updates prevent Ethereum from keeping pace with user demands and emerging market trends. They also believe ossification could lead to centralization risks, as it might drive users and developers toward alternative, more centralized platforms.

Still, Paradigm believes Ethereum can make much faster progress without compromising its values. The network, according to the firm, has untapped potential and should channel its resources into noncontroversial improvements that can yield significant results.

These include scaling solutions for Layer-2, optimizing Layer-1 without overburdening nodes, and enhancing wallet user experience through account abstraction.

“Ethereum has the resources it needs — incredible researchers and engineers eager to build the future. Empowering them with a mandate to move faster, and in parallel, will enable Ethereum to solve problems faster and avoid getting bogged down in premature debates,” the writers concluded.

Meanwhile, the call for faster updates comes at a critical time for Ethereum, as it faces mounting pressure from competing platforms like Solana. Internal challenges, including leadership changes within the Ethereum Foundation and criticism of its strategic direction, have raised questions about the network’s ability to maintain its dominance.

Also, high-profile departures of developers like Eric Conner have added to the community’s concerns. Conner cited a loss of passion due to leadership struggles as his reason for leaving, further fueling debates about Ethereum’s trajectory.

Paradigm’s message highlights the need for Ethereum to strike a balance between preserving its core principles and advancing its innovation. They believe this approach is essential for the network to secure its position in the rapidly evolving blockchain landscape.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Golden Cross Hints at Bigger Gains Ahead

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XRP price continues to show strong momentum after reaching new all-time highs in mid-January. The token is up nearly 10% in the last 24 hours, with its market cap standing at $181 billion and trading volume exceeding $10 billion.

Despite a slight dip in whale activity, the number of large XRP holders remains at historically high levels, signaling sustained interest. Key technical indicators, such as CMF and EMA lines, suggest a potential for further upside, though critical support levels will be crucial in determining XRP’s next move.

XRP Whales Are Down from Peak Levels

XRP whale addresses—those holding between 10 million and 100 million XRP—reached 305 on January 23 and 24, marking one of the highest levels ever recorded.

Since then, the number has slightly declined to 299, but it remains elevated, indicating sustained interest from large holders despite the recent dip.

Wallets Holding Between 10 Million and 100 Million XRP.
Wallets Holding Between 10 Million and 100 Million XRP. Source: Santiment

Tracking whale activity is critical because these large holders often have the power to influence price movements through their buying and selling actions.

The current count of 299 suggests that while some whales may have reduced their holdings, overall confidence among major investors remains strong. This elevated level could support XRP price, as consistent accumulation by whales often signals long-term bullish sentiment.

XRP CMF Indicates Increased Accumulation

XRP’s Chaikin Money Flow (CMF) has risen to 0.19 from 0.08 just a day ago, indicating increased capital inflows and stronger buying pressure. This suggests that investors are accumulating XRP, a potential sign of bullish sentiment building in the market.

XRP CMF.
XRP CMF. Source: TradingView

The CMF, which measures the volume-weighted average of accumulation and distribution, shows positive values when capital inflows exceed outflows.

With a reading of 0.19, XRP CMF highlights growing confidence among buyers, which could provide support for its price and signal potential upward momentum if sustained.

XRP Price Prediction: New All-Time Highs In February?

XRP EMA lines indicate the possibility of a golden cross forming, which could spark a new uptrend. If this bullish pattern materializes, XRP may rise to test the $3.28 resistance level.

Breaking past that, XRP price could climb further to $3.40 and potentially reach $3.50 for the first time ever.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView

However, if a downtrend emerges instead, XRP price could test the $3.03 support level. Losing this support might lead to a further decline to $2.82, with the potential to drop as low as $2.60 or even $2.32. This would represent a 26.5% correction.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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TRUMP Price Climbs 10% as Market Cap Nears $6 Billion

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TRUMP’s price has risen 10% in the past 24 hours but remains 20% lower over the past week, maintaining its reputation as one of the most hyped meme coins ever. Its market cap currently sits at $5.9 billion, significantly down from its peak of nearly $15 billion on January 19.

Technical indicators, including RSI and CMF, point to stabilization, with momentum shifting toward neutral territory as buyer interest picks up. Key resistance and support levels will play a crucial role in determining if TRUMP can regain its upward momentum or face further declines.

TRUMP RSI Is Currently Neutral

TRUMP Relative Strength Index (RSI) has risen to 50, up from 40 just a day ago. That indicates a shift toward more neutral momentum after a period of bearish pressure.

The increase suggests a growing balance between buying and selling activity, potentially signaling stabilization in its price movement.

TRUMP RSI.
TRUMP RSI. Source: Dexscreener

The RSI is a momentum indicator used to measure the speed and magnitude of price changes. It ranges from 0 to 100, with values below 30 indicating oversold conditions. Values above 70 signal overbought conditions, and around 50 reflect neutral momentum.

With TRUMP RSI currently at 50, the coin is neither overbought nor oversold. That suggests the potential for a directional move depending on whether buying or selling pressure dominates next.

TRUMP CMF Is Still Negative, But Rising Fast

TRUMP Chaikin Money Flow (CMF) has improved to -0.08, rising significantly from -0.37 just two days ago. This upward movement indicates a reduction in selling pressure and hints at increasing capital inflows, though overall outflows still slightly outweigh inflows.

TRUMP CMF.
TRUMP CMF. Source: Dexscreener

The CMF is a technical indicator that measures the flow of capital in and out of an asset, using a volume-weighted average of accumulation and distribution. Positive values indicate capital inflows, while negative values suggest outflows.

With TRUMP CMF at -0.08, the improving trend suggests growing buyer interest. If the metric crosses into positive territory, this could help stabilize its price and potentially shift momentum toward the upside.

TRUMP Price Prediction: Can It Recover a Strong Uptrend?

TRUMP price faces a key fundamental resistance at $30.33, which, if broken, could pave the way for a test of $45.20. This would solidify TRUMP’s third-place position among the biggest meme coins in the market, behind SHIB and DOGE.

Should the token regain its strong momentum from last week, it might climb further to test $64.50 and potentially reach $71.80, signaling significant bullish opportunities.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: Dexscreene

However, if the downtrend resumes, TRUMP price could fall back to test the $15.43 support level. Losing this critical support could lead to further declines, putting additional bearish pressure on the token’s price and potentially signaling a deeper correction.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Fake DeepSeek Meme Coins Reach Huge Market Caps

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A fake meme coin advertising itself as DeepSeek gained a market cap of over $12 million today before crashing. Since the Chinese AI protocol took the US tech sector by storm, several scam assets have used its branding to reap huge profits.

The crypto community is facing an epidemic of major scams preying on total novices to the space. Meme coin launchpads are only making the issue worse.

Scam DeepSeek Meme Coins Take Off

The arrival of DeepSeek, the Chinese AI program that disrupted the whole crypto market, has led to a truly bizarre situation. Its widespread publicity sparked declines in Nvidia and in AI-related cryptoassets, so scammers began exploiting the hype.

A few fake DeepSeek tokens have appeared on Pump.fun, and they’re already trending on decentralized exchanges. Users are still investing in these tokens, even though DeepSeek previously clarified that it had no connection with any digital asset.

“DeepSeek has not issued any cryptocurrency. Currently, there is only one official account on the Twitter platform. We will not contact anyone through other accounts. Please stay vigilant and guard against potential scams,” the firm claimed earlier in January.

Seek, the first fake DeepSeek token, launched yesterday. It managed to accumulate a $48 million market cap before slumping. This first rug pull was so successful that scammers released another.

A Solana-based meme coin traded under the “DeepSeek” name and reached a market cap of over $12 million. Most disturbingly, the fake token is trending number one on GeckoTerminal, in terms of daily transactions.

fake deepseek token
Fake DeepSeek Token Market Cap Chart. Source: GeckoTerminal

Since Donald Trump launched his own meme coin, a flurry of brazen scams and ripoffs has covered the space. Scammers stole over $857 million using the TRUMP token, and impersonators have paraded as US government agencies or world leaders.

In this context, these fake DeepSeek tokens fit right into the milieu. A survey claimed that 40% of investors in TRUMP are first-time crypto holders. Billions of dollars are flowing into the crypto industry, and total newcomers are plunging in headfirst.

Many of them are paying the price for their lack of knowledge and awareness. Simply put, it’s easier than ever to make a fake meme coin, and DeepSeek is currently the most viral topic on social media. So, scammers are fully utilizing this hype.

It’s not easy to say how the crypto community will work through this mess. Industry heavyweights like Ethereum founder Vitalik Buterin have warned against the scam-heavy culture, but there’s no easy solution to it.

For the time being, more scam DeepSeek tokens will likely enter the market until this viral hype fades down.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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