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Ethereum at a Crossroads: Should the Protocol Embrace More Features?

Ethereum co-founder explores the possibility of expanding Ethereum’s core protocol. A core developer argued ETH’s minimalism may not meet evolving user needs. The Ethereum community grapples with the balance between simplicity and innovation in its blockchain platform. In a presentation, Ethereum co-founder Vitalik Buterin delved into a fundamental question facing the Ethereum community. The question is about Ethereum embracing a more extensive integration of Features within its core protocol. Should Ethereum be okay with enshrining more things in the protocol?https://t.co/7F7yOLBoUr — vitalik.eth (@VitalikButerin) September 30, 2023 Buterin highlighted that Ethereum has adhered to a philosophy of simplicity, striving to keep the core Ethereum protocol as minimalistic as possible, focusing on building essential functionalities as separate protocols layered on top.  On the other hand, he mentioned that the community debates about “do it on Layer 1 (
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Bullish Momentum: LINK Token Poised for Potential 130% Surge?

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The LINK price has consistently demonstrated bullish patterns. In September, its value catapulted from a humble $5.8 to an impressive $7.9 peak. Consequently, crypto enthusiasts remain optimistic, further fueled by a notable prediction of a 130% price increase from a crypto expert. Babenski, a pseudonymous analyst on TradingView, shared insights on the potential $18 surge. He highlighted the $5.8 mid-September low, identifying it as a significant accumulation range. This trend wasn’t surprising, as extensive buying occurred when LINK dipped to $5.8. Hence, this accumulation phase established a solid support foundation, propelling the rally toward the $8 mark. However, despite witnessing a 35% surge from its September trough, Babenski anticipates more growth. A rally climax at $18 would indicate a potential 130% increase for LINK. Yet, a hurdle emerges – a retracement spotted slightly over the $8 mark. Significantly, LINK has recently experienced a similar pullback after nearing the $
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Market Assessment 29th Sep: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

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Crypto enthusiasts are trying to stage a comeback and closely monitor several alternative cryptocurrencies. Bitcoin (BTC) is making an effort to maintain its position above the $27,000 mark, a development that is viewed positively. Over the past few days, Bitcoin demonstrated resilience by holding its value above $26,000 despite challenging conditions. This was marked by a substantial rise in the United States dollar index (DXY) and a significant drop in the S&P 500 index (SPX). This resilience suggests a decrease in selling pressure at lower price levels. Even the decision by the United States Securities and Exchange Commission to postpone the approval of spot Bitcoin exchange-traded funds (ETFs) did not significantly impact prices, indicating that market participants are adopting a longer-term perspective on Bitcoin. According to James Seyffart, an ETF analyst at Bloomberg, the regulator’s decision to delay may have been influenced by the looming risk of a U.S. g
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Costo sells out of gold bars, but is it a better investment than Bitcoin?

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Gold bars recently sold out at Costco, reflecting investors’ souring mood about the economy. Is there a silver lining for Bitcoin? Costco has made headlines this week after it rapidly sold out of gold bars. In times of economic uncertainty and rising inflation, it's no surprise that investors are turning to traditional safe-haven assets like gold. The question is whether gold’s performance will eventually catapult its price above $2,050, a level last seen in early May. In the past 12 months, the price of gold has surged by an impressive 12%. This rally has been partially fueled by the Federal Reserve's efforts to combat inflation by maintaining higher interest rates, a move that benefits scarce assets like gold. While gold's performance is commendable, it's essential to put it into perspective. Gold (yellow) vs. Bitcoin (orange), S&P 500 (green) and WTI oil (black), last 12 months. Source: TradingView Over the same period, gold's returns have roughly matched th
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Crypto.com to become preferred exchange for PayPal USD

Crypto.com exchange is collaborating with PayPal and Paxos to further the development of PYUSD stablecoin. The exchange first listed PYUSD in August 2023, allowing users to acquire the stablecoin using various fiat currencies, including the USD. The new partnership aims to deepen this cooperation. The company announced that members plan to release more related products and provide new commercial opportunities. “PayPal has been a true pioneer in the evolution of digital commerce, and Paxos is a market-leading issuer of stablecoins. We are tremendously excited to collectively collaborate with them to advance the crypto frontier.” Joe Anzures, SVP and GM, Americas and Global Head of Payment Partnerships PayPal has collaborated with Paxos, a market-leading stablecoin issuer, to connect more than 80 million users to the latest crypto innovations and support PayPal’s global network of consumers and merchants. You might also like: US official calls for stablecoin law amid Pay
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Positive Signs for Bitcoin Going Into Q4, 2023 Post ETF Delays

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Bitcoin exchange-traded funds [ETFs] have become a significant point of interest. This week itself, Bitcoin ETF s attracted more than 7 million engagements. Despite high expectations for these products, the Securities and Exchange Commission [SEC] took a cautious stance, announcing postponements for the Bitcoin ETF applications. JUST IN: 🇺🇸 SEC delays decision for BlackRock's Spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) September 28, 2023 The regulatory body delayed BlackRock, Invesco, Bitwise, and Valkyrie’s Spot ETF applications, as indicated by documents published on its official website. Nevertheless, Bitcoin reached an impressive peak at $27,224 and has since maintained a similar level. The fourth quarter has been anticipated as a potentially favorable period for BTC. But the critical question remains whether Bitcoin can sustain its existing momentum. Also Read: ARK’s Bitcoin Spot ETF Delayed Again Until January 2024 Bitcoin’s long-term holders continue to
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Rep. Tom Emmer: SEC’s Gensler is a bank-loyal regulator rather than an unbiased one.

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During a hearing held on September 27th, Representative Tom Emmer hinted at a potential bias in Securities and Exchange Commission Chair Gary Gensler’s regulatory approach, owing to his extensive background in Wall Street. In a session convened by the House Financial Services Committee, United States Representative Tom Emmer voiced his reservations regarding Gary Gensler, the Chair of the Securities and Exchange Commission, on September 27th. Emmer asserted that Gensler’s allegiance to Wall Street appeared to come at the expense of fostering innovation, healthy competition, and the welfare of everyday Americans. Over the course of a four-minute inquiry, Emmer subtly alluded to Gensler’s financial background, which notably encompassed an 18-year tenure at Goldman Sachs, where he held the position of a partner and co-head of finance. Emmer’s viewpoint posited that Gensler’s deep ties to the financial sector might hinder his capacity to serve as an impartial regulator. Emmer articulated h
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