KIP x @UltiverseDAO 🎮✨️
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#KIP #KIPprotocol #UltiverseDAO

Demand for these 5 altcoins is increasing: Preparation for the bull season!

Bitcoin (BTC)'s good start to the week encouraged the altcoin market.

1- Pepe (PEPE)
PEPE, by far the strongest altcoin of recent days, ranked first on the list with an 8 percent increase in a short time. The popular coin, which overtook not only the memecoin category but also the altcoin market, made investors happy. In a possible memecoin bull, expectations from #PEPE will be much higher.

2- Wormhole (W)
#W , which created confusion with the airdrop issue from the moment it was first released, has slowly started to recover. The altcoin, which increased by 4.20 percent in the last 24 hours, was included in the list in second place, giving confidence to both the parity and the Solana ecosystem.

3- Arweave (AR)
Drawing attention by standing strong against the declines in Bitcoin, #AR showed a performance of 3.60 percent in the last 24 hours. AR, which has a good outlook compared to the majority of altcoins, seems to make a name for itself if it maintains its momentum.

4- Floki (FLOKI)
FLOKI, another prominent memecoin after PEPE, recorded a 2 percent increase in the last 24 hours. FLOKI, which Memecoin enthusiasts frequently turn to these days, is already winking at the bull season. #FLOKI investors are eagerly awaiting project-based developments and price movements.

5- Internet Computer (ICP)

Bir dönemin en popüler altcoin’lerinden ICP, son 24 saate yüzde 1,50 yükseldi. Bitcoin’deki dengesiz fiyat hareketlerine rağmen yükseliş ivmesini kaybetmeyen ICP, boğa sezonu için umut verdi. #ICP yatırımcıları eskisi kadar sert yükselişler beklemese de pariteye olumlu bakıyor.
$PEPE $FLOKI $SOL

🧙‍♂️Binance exchange will support IRISnet (#IRIS) network upgrade

Bitcoin (BTC) started the week well: Will the rise continue?

Bitcoin (BTC), which has been recovering in recent days, started the week strong, making its investors happy.

Bitcoin (BTC), which has been recovering in recent days, started the week strong, making its investors happy.

With a weekly close above $66,000, Bitcoin gave crypto investors peace of mind. The admiral of cryptocurrencies, which gives confidence to the market even though it has not yet experienced the expected rise in altcoins, is currently facing a difficult region. If BTC exceeds this region, it seems that the money flow to altcoins will accelerate. So, what are the regions that investors should follow for Bitcoin?

Bitcoin, which has been moving upwards since testing $60,700, is facing an important resistance point. BTC, which has been making crypto investors happy for a few days with its momentum, will signal the altcoin bull if it settles above $ 67,100. In a possible upward movement, the resistance levels that can be followed for #BTC will be 69,017 - 71,289 and 73,684 dollars, respectively. Breaking #ATH will herald a new bull run.

Increasing BTC dominance, the FED maintaining its tight interest rate policy, or the halving excitement not starting will increase sell-side transactions in BTC. In such a scenario, withdrawals up to 64,534 – 62,080 – 60,722 – 59,009 and 56,592 dollars can be observed, respectively. Short/medium term investors should especially pay attention to the range of $63,000 - $62,080. BTC's reaction will be decisive in this area.
$BTC $ETH

Chinese Analysts Announced: After Bitcoin and Ethereum, Spot ETF for This Altcoin May Be Released in Hong Kong!

The first-day issuance scale of the three Hong Kong #Bitcoin  spot ETFs reached US$248 million on April 30, well exceeding the initial launch scale of the US Bitcoin spot ETF (excluding Grayscale) on January 10, which was approximately US$125 million.

However, subsequent market performance was not as optimistic as expected. As of May 15, 2024, the total asset management scale of six Hong Kong virtual asset spot ETFs exceeded HK$2 billion (about US$264 million), while China Asset Management's Bitcoin asset management scale was 816 million, about 40% of the total. He invented the Hong Kong Dollar.

While these figures pale in comparison to the size of the US Bitcoin spot ETFs (about $51.4 billion), considering the size of the #ETF market in Hong Kong ($50 billion) and the US ($8.5 trillion), Hong Kong's local financial Its impact on the market is quite significant.
$BTC $ETH

Solana Outperforms Ethereum with 91 Million Transactions Daily.

Solana once again showed that it is the fastest major blockchain with 91 million transactions processed in one day.
According to CoinGecko's latest update on April 6, during the memecoin craze, Solana broke a daily record with 1,504 transactions per second.

This success makes Solana 46 times faster than Ethereum and 5 times faster than #Polygon , one of the fastest #Ethereum scaling solutions.

Solana Reached 1.6% of Maximum Capacity
Despite being the fastest blockchain, Solana was only able to use 1.6% of its theoretical maximum capacity of 65,000 TPS.
This increase in transaction volume led to network congestion and raised the question of how quickly Solana could reach high TPS values ​​with future updates.

The second fastest blockchain mentioned in the report is Sui, a platform without an #Ethereum Virtual Machine (EVM).
Sui peaked at 854 TPS in July 2023, thanks to the popular on-chain game Sui 8192.

Other notable non-EVM blockchains include TON at 175 TPS and Near Protocol at 118 TPS, while Aptos is at 49 TPS, Starknet at 12 TPS, Bitcoin at 11 TPS, and Thorchain at 2 TPS.
Non-EVM blockchains outperformed EVM-compatible ones, with an average speed of 284 TPS, while the average speed of the 17 largest EVM-based blockchains was only 74 TPS.
#Binance Smart Chain (BSC) reached 378 real TPS with increased activity on December 7, 2023, becoming the fastest among EVM blockchains.

Polygon, the leader of the Ethereum scaling solution, performed 8.4 times faster than Ethereum with 190 TPS on November 16, 2023.
$BTC $SOL $ETH

Ontario's 'Crypto King' Detained Over $30 Million Bitcoin (BTC) and Ethereum (ETH) Ponzi Scheme.

*Canadian self-proclaimed 'Crypto King' Aiden Pleterski has faced serious fraud and money laundering charges, marking a significant development in cryptocurrency-related criminal activity.

*The arrest, which is the result of a meticulous 16-month investigation, illuminates the complexities of financial crime in the digital age.
*According to the official press release, “Mr. Pleterski faces a single charge of fraud over $5,000 and a Canadian charge of money laundering.”

The charges against Aiden Pleterski stem from the extensive 'Project Swan' operation carried out by Canadian authorities. This operation highlights the growing concern about fraud schemes, particularly those resembling Ponzi structures. The widespread use of financial documents and victim interviews painted a detailed picture of the alleged abuse and attracted significant media coverage and public attention in Canada.
The investigation into Pleterski's activities provides a stark reminder of the potential for abuse in cryptocurrency markets. Authorities have meticulously collected evidence demonstrating the depth and breadth of the alleged fraud. This situation sets a critical precedent for regulators and investors, highlighting the need for strict oversight and diligence in crypto investments.

A detail that puts a shocking twist on the incident is that Aiden Pleterski was allegedly kidnapped and attacked by individuals representing his victims. This severe reaction highlights the intense emotions and high stakes involved in high-stakes and high-profile fraud cases. The rematch, along with Pleterski's release after a ransom was paid, adds complexity and urgency to the ongoing legal proceedings and provides important clues about the charged atmosphere around this case.
$BTC $ETH $BNB

London Arrest: 'Pump Fun' Crypto Hacker Reveals Risks in Ethereum (ETH) Trading Security.

*The hacker behind Pump Fun's $1.9 million attack shared information about his arrest on social media and gave clues about the attack.

*In a surprising twist, after his arrest in London, the attacker reportedly received bail, accusing the Pump Fun team of more serious offences.

*This highlights a unique case of legal and ethical implications compared to general #hacker trends in the industry.
Crypto markets are facing a new controversy as the Pump Fun hacker breaks his silence, illuminating deeper issues within the platform.

Pump Fun, a Solana-based memecoin trading platform, has been in the spotlight after a major security breach that led to a loss of almost $2 million. The incident, which took place on May 16, raised discussions about the security measures of meme coin platforms and their vulnerability to internal threats.
The arrested hacker, known as Jarett Dunn or StaccOverflow, claimed that the platform's businesses operated as an unregistered securities exchange and lacked proper #KYC and AML procedures. These allegations, if confirmed, could have broader implications for the legality and operation of similar platforms in the crypto industry.

The #Pump Fun case highlights the complex nature of insider threats in the cryptocurrency industry, noting that employees with access to critical systems can potentially exploit them. This incident also highlights the challenges regulators face in monitoring and enforcing compliance in the rapidly changing digital asset landscape.
$BTC $ETH

OpenAI Disbands AI Risk Team (Letting ChatGPT Make Decisions?)

#OpenAI , one of the pioneers of productive artificial intelligence technologies, came to the fore in recent months with the dismissal of CEO Sam Altman, the chaos that followed, and his subsequent return. Although they portrayed Altman as the representative of free artificial intelligence projects at that time, in fact the employee support was largely due to the investments to be made and the payments they would receive. At the end of the day, Altman returned, but OpenAI took on a very different structure compared to its original form.

OpenAI started out with a dual system. Accordingly, one wing would work as an association to develop artificial intelligence and make it available to everyone, and the other wing would be a company that brings money through commercial agreements. In the new regulation, association managers left the board of directors and were replaced by company managers and investor representatives. These changes continue to change the internal structure of the firm.

Finally, it was stated that Ilya Sutskever, one of the founders of OpenAI, also left the company, and the Superalignment team, which was established in 2023, was also disbanded. This team was studying the possible existential risks of artificial intelligence more advanced than humans and whether it could turn against humans. The work of this unit is now distributed among other studies.

Jan Leike, one of the former Superalignment managers who recently left #OpenAI , explained the reasons for the separation at length in #X . While Leike stated that he loved his team and that they were doing important work, he stated that they could not agree with OpenAI management on the company's main priorities. Additionally, Leike stated that the necessary resources were not allocated for his work. According to Leike, the company has put security in the background.
$BTC $ETH $BNB

Bitcoin (BTC) Soars to Record High: Explaining the Latest Rise in Cryptocurrency Value.

Bitcoin's recent surpassing of $67,000 attracted the attention of the financial world.
Despite this, the overall altcoin market exhibits bear-like behavior.
“The $72,000 resistance level is important and could determine the short-term course of Bitcoin,” Daan told Crypto Trades.
This article explores the recent rise in Bitcoin's price, its possible consequences for investors, and expert opinions on future market movements.

While Bitcoin is experiencing a slight pullback after reaching a new high, market analysts are closely monitoring its performance. Resistance near $72,000 and support near $60,000 are seen as critical in determining the future direction of Bitcoin price. Events such as the Federal Reserve's upcoming minutes and decisions on #ETH ETFs are expected to bring more volatility to the market.

Experts such as Daan Crypto Trades and RektCapital shared their predictions, focusing on important technical indicators such as the 100-day moving average. This metric is seen as a reliable indicator for Bitcoin's medium and long-term momentum. On the other hand, Credible Crypto suggests that lower support levels, especially around $60,000, could be retested, which could impact altcoins.
$BTC $ETH $BNB

Bitcoin (BTC) is ready to explode: Experts Predict Huge Increase in Value Soon.

Recent volatility in the cryptocurrency market has led some analysts to identify potential catalysts that could push Bitcoin (BTC) prices to new highs.

The United States Securities and Exchange Commission (SEC) has approved spot Bitcoin ETF trading and with the expected BTC halving, the community is worried about what could trigger the next significant rally.

“The introduction of Bitcoin Ordinals and the BRC-20 token standard by an unknown developer, Domo, has had a significant impact,” COINOTAG FINANCE reported.
In recent years, Bitcoin developers have addressed design flaws by introducing Layer-2 solutions such as the Lightning Network to increase the usability of Bitcoin for applications such as payments. However, many of these solutions have struggled to meet the growing demand for smart contracts. Despite these innovative measures, the cryptocurrency industry has faced challenges, especially regarding the security of software infrastructures such as bridges used for token transfers. These weaknesses have been a deterrent for many users, and a decline in investor interest has been observed, especially after Bitcoin's price crashed from $73,750 in March. This has led developers to explore new ways to strengthen the BTC network.

Supporters believe that despite the introduction of protocols such as Runes, more can be done to improve Bitcoin's framework. The community is currently evaluating proposals such as OP_CAT, a potential software update aimed at improving Bitcoin's programmability. Many protocols, including Layer 1 Foundation and Arch, are working on solutions to strengthen Bitcoin's capabilities. Currently, Bitcoin is trading at $66,759.42, down 0.28% in the last 24 hours.
$BTC $ETH

Artificial intelligence statement from IMF President Georgieva: "It hit the workforce like a tsunami"

International Monetary Fund (IMF) General Manager Kristalina Georgieva said in her statement that artificial intelligence has hit the global labor market like a tsunami.

The fact that artificial intelligence has the potential to automate many jobs raises concerns that it will have a major impact on the labor market.

"IT WILL AFFECT 40 PERCENT OF BUSINESSES WORLDWIDE"

IMF Director General Georgieva painted an alarming picture in her speech at an event in Zurich, saying that artificial intelligence will affect 60 percent of jobs in developed economies and 40 percent of jobs worldwide in the next two years.

"IT MAY LEAD TO MORE INEQUALITY"

Speaking at an event organized by the Swiss Institute of International Studies affiliated with the University of Zurich, Georgieva said: "We have very little time to prepare people and businesses for this. If we manage it well, it can provide a tremendous increase in productivity, but it will also lead to more misinformation and, of course, more inequality in our society." "It can also lead to he said.

Solana (SOL) Stands Out: Ranked as the Fastest Blockchain on CoinGecko, Beating Ethereum at 46X Speed.

*Smart contract platform Solana (SOL) is moving up CoinGecko's fastest blockchain list.
*According to a new post from CoinGecko, Solana is a staggering 46x faster than its rival #Ethereum (ETH). This makes it the fastest major blockchain on the market.
*“Solana has proven to be the fastest among major blockchains, reaching an average daily transaction speed of 1,504 on April 6 during the meme coin craze.”

Discover Solana's remarkable speed and impact on the blockchain ecosystem in our detailed analysis.
Solana's performance metrics are impressive, with a peak capacity of 1,053.7 transactions per second (TPS), significantly outpacing Ethereum's 22.70 TPS. This comparison highlights Solana's advanced technology and potential for scalability with global transaction volumes.

Challenges and Limitations Despite Its High Speed
Despite its high transaction speed, #Solana achieved only 1.6% of its theoretical maximum speed of 65,000 TPS. This difference indicates areas of potential growth and the need for further optimization to reach its full capacity.

Following the release of these statistics, Solana has seen a 7.63% increase in its market price and is trading at $172. This market reaction underscores investors' confidence in Solana's technology and its future in the crypto market.

Solana's transaction speed analysis not only positions it as a leader among blockchain technologies, but also highlights the need to evolve to reach its full potential. As the blockchain landscape evolves, Solana's innovations could set new standards for speed and efficiency in the industry.
$BTC $SOL

🧙‍♂️Today at 22:30, FED President POWELL will give a speech and evaluate the latest situation.

Famous CEO Speaks: Fed and US Government Can Ignite BTC! How Many Dollars is 1 Bitcoin?

Galaxy Digital's CEO Mike Novogratz, who does not refrain from commenting on cryptocurrencies, warned that it is not possible for Bitcoin (BTC) to reach its all-time high (ATH) unless there is a change in macro conditions. Making new statements in Galaxy's podcast, the famous billionaire states that Bitcoin will probably move horizontally until interest rate cuts are made by the Fed, and then the rise for #BTC may begin.

There's a resurgence of 'Oh my God, the economy is slowing down' narrative, which will help. Unless the Fed acts or makes a major regulatory breakthrough, I don't think Bitcoin will hit its previous high of $73,000. These are both probably low delta.
I think we're in the $55,000 to $75,000 range. That's a pretty wide range. Probably closer to $57,000 to $73,000. We've probably identified the low and the high. I believe the next move will be up because I think we're getting closer to the election and Federal Reserve Chairman Jerome Powell will want to lower interest rates.

Novogratz emphasizes that another factor that could trigger the rise in Bitcoin could be the US federal government's spending and the increasing amount of debt. He expresses the opinion that this situation in the #USA may push more people to invest in BTC as "digital gold".

I'm talking about two things right now: crypto regulation and debt. And these contradict each other. If we had an administration like Biden or Trump addressing 26% of the federal budget, which should be 20% of GDP, that would not be good for Bitcoin.
It's great for my net worth that there are truly terrible policymakers, wasteful spenders, and populists in Washington. This is just the story of Bitcoin. Bitcoin is rising for the same reason that gold is rising. It's rising faster because we're a newer technology, a newer commodity, and so the adoption cycle happens faster.
$BTC $ETH $BNB

$Agıx📢Important Developments:

🧙‍♂️Zilliqa (#ZIL ) network upgrade will take place on Monday, May 20th.

🧙‍♂️On Monday, May 20, IRISNet (#IRIS ) will release Mainnet 3.0.

🧙‍♂️On Monday, May 20, Moonbeam (#GLMR ) will launch Moonrise.

🧙‍♂️US Treasury Secretary Jannet Yellen will give a speech on Tuesday, May 21 at 11:00.

🧙‍♂️On Tuesday, May 21, Chiliz (#CHZ ) will perform the Dragon8 hard fork.

🧙‍♂️Fed FOMC minutes will be published on Wednesday, May 22 at 21:00.

🧙‍♂️US Unemployment Benefit Applications will be announced on Thursday, May 23 at 15:30.
Expected: 221K •Previous: 222K

🧙‍♂️The SEC is expected to make a decision on Ethereum ETFs on Thursday, May 23.

🧙‍♂️On Friday, May 24, #ASI token, a combination of #FET, #OCEAN and #AGIX tokens, will be launched.
$AGIX $CHZ $FET

Target is $18! Analyst Saying 3,000 Percent Rise in XRP Shared a Chart!

In addition to the lawsuit between Ripple and the SEC, which has been going on for years, community expectations continue to put great pressure on the XRP network. Despite the decline in value in the market, the XRP community has been dreaming of profitability for a long time and attention is drawn to the opportunities where the XRP price can recover. Recently, an analyst made an overly optimistic and perhaps wishful prediction that XRP could rise 3000% to $18. The analyst's prediction attracted the attention of not only #XRP investors but also the entire crypto market. So, let's see how the price can increase by 3000 percent according to the analyst.
Following an increase of over 2% on XRP's weekly outlook, the price is at $0.5211 and is trading at a relatively good point. However, despite the increase, this region where XRP has been stuck for years emerged after a general price decline despite the weekly rise.

Although Ripple's #XRP Token experienced a remarkable rise in a very short period of time in March, it became one of the cryptocurrencies that most clearly reflected the downward wave in the market and quickly retreated and returned to the point where it started. Besides, a cryptocurrency analyst called the situation as the last price drop before the XRP price increase.

Analyst named Coinskid stated that before a possible rise in the XRP price, there may be a decline to $ 0.40 due to the five-wave price movement.
Dark Defender, which attracted attention with its analysis on XRP, made a prediction of 3000% after performing an analysis on the XRP / USD charts in its monthly time period review. The analyst noted a distinct bull flag pattern that could trigger a sharp increase in price before consolidations occur.

One Week Left Until the Big Day: Analysts Update Their Expectations for Ethereum Spot ETF Decision

There is only one week left for the fate of spot ETFs that will directly hold Ethereum to be determined by the SEC.

Investment companies eager to introduce the first Ethereum-based ETFs face potential disappointment. The U.S. Securities and Exchange Commission (SEC) has not yet indicated it is ready to approve such products.

After months of silence, the US regulator is expected to announce its decision next week on at least one application for an ETF that invests directly in Ethereum, the world's second-largest cryptocurrency. Some fund companies are expecting a rejection, citing less robust private dialogues with the #SEC than before the spot-Bitcoin ETFs were approved in January.

In the weeks leading up to the approval of the Bitcoin ETFs, fund companies submitted multiple versions of revised paperwork to address the SEC's concerns, a process that significantly contributed to their final approval. However, spot ETH ETF filings have seen much less activity.

“Most people generally expect a rejection,” said Katherine Dowling, general counsel at Bitwise, which filed for a spot ETH ETF in March. He added: “You're not seeing the kind of public activity that you would see if there were to be an approval.”

The SEC, which postponed decisions on fund applications for several months, has until May 23 to approve or reject VanEck's application. #ETH's value fell nearly 20% in April as approval hopes faded.

“If the SEC does not approve #ETH ETFs now, it may be because the line the SEC has drawn is that they will not approve any spot crypto product without an actual court order,” said Jeremy Senderowicz, an attorney specializing in investment services at law firm Vedder Price.

Universal basic income' proposal from the father of artificial intelligence

A 'universal basic income' proposal came from Geoffrey Hinton, known as the father of artificial intelligence. Concerned that artificial intelligence will increase unemployment and deepen inequality, Hinton suggests giving money to every citizen to cope with the increasing impact of this technology.

"Computer scientist Geoffrey Hinton, considered the "father of artificial intelligence", said AI should create a universal basic income to tackle its impact on inequality.

Professor Geoffrey Hinton, a pioneer of neural networks that form the theoretical basis for the current boom in artificial intelligence, told the BBC that a welfare reform that gives every citizen a fixed amount of cash would be needed because he was "very concerned about AI taking over too many ordinary jobs"

The concept of universal basic income means that the state pays a certain salary to all individuals, regardless of their income. Some experts say this would be extremely costly and would not help reduce poverty and would divert resources away from public services.
$BTC $ETH

Uplifting XRP Report Amid Ripple Lawsuit.

The first quarterly report of the year containing important details for XRP and XRP Ledger (XRPL) has been published by Ripple. While the legal fight between Ripple and the SEC has reached a new stage, the report contains uplifting details. Some important parts are as follows:
*During the reporting period, the daily transaction volume of XRP Coin increased by 40 percent. Binance, Bybit and Upbit are responsible for 70 percent of the total transaction volume.
*Speculative interest in XRP was quite strong in the first three months of 2024. Spot trading volume and strong demand in futures were highly correlated with overall market activity.
*Transactions in XRPL increased 2 times in the first quarter of 2024 compared to the previous quarter.
*The number of XRPL transactions was at 121 million in the 4th quarter of 2023 and increased to over 251 million in this quarter.
*At the end of March, the average #XRPL transaction fee decreased to $0.000856.

Ripple (XRP) is among the largest cryptocurrencies, but it is not comparable to its competitors in terms of applications that generate benefits on the network. The team is working hard to improve network capabilities, as it is extremely important for the future of the project. XLS-30 was introduced for DeFi developers and users in the last quarter. It is an automatic market maker (AMM) and improves trading capabilities.
“More XRPL support – I'm particularly excited about native AMM going live in Q1, arguably one of the biggest updates for the XRP Ledger.”

A small comment about the case was also included;
“In terms of next steps, both parties will wait for the Judge to make a decision on final remedies – likely in the coming months. Ripple remains confident that the Judge will approach the resolution phase fairly.”
$BTC $ETH $BNB