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Reasons to trust crypto projects built on Ethereum, Bitcoin, Solana, and many others
Cryptocurrency projects are built on a variety of blockchain platforms, each with its own strengths and weaknesses. When choosing which projects to trust, it is important to consider the platform on which they are built.
Ethereum is the most popular blockchain platform for crypto projects. It is home to a wide range of decentralized applications (dApps), including DeFi protocols, NFT marketplaces, and gaming platforms. Ethereum is known for its security and decentralization, but it can be slow and expensive to use.
Bitcoin is the oldest and most well-established blockchain platform. It is known for its security and scarcity, but it is not as versatile as Ethereum. Bitcoin is primarily used as a store of value and a medium of exchange, but it is also being used for a growing number of financial applications.
Solana is a newer blockchain platform that is known for its speed and scalability. It can process thousands of transactions per second at a very low cost. Solana is still under development, but it is quickly becoming a popular platform for dApps.
Other blockchain platforms such as Cardano, Avalanche, and Polkadot are also gaining popularity. These platforms offer different features and benefits, so it is important to choose the one that is right for your needs.
Why you should trust crypto projects built on Ethereum, Bitcoin, Solana, and many others
Security: These platforms are all very secure. They use a variety of cryptographic techniques to protect user funds and data.
Decentralization: These platforms are all decentralized, meaning that they are not controlled by any single entity, and this makes them more resistant to censorship and attack.
Transparency: All transactions on these platforms are transparent and publicly visible. This makes it difficult for fraud and other scams to go undetected.
Community support: These platforms all have large and active communities. This means that there is a wealth of resources and support available to users.#比特币##ContentStar##Gateio10周年#BTC###BountyCreator##GateioTurns10##ETH# Ferrari Embraces Payments in Shiba Inu (SHIB) And XRP
Shiba Inu and XRP continue to soar in adoption as Ferrari, the Italian-based luxury sports car manufacturer, announces plans to start accepting payments for its products in cryptocurrencies via BitPay, the leading crypto payment processor.
Notably, the sports car manufacturing company has kick-started cryptocurrency payments for its vehicles in the United States, which could soon extend to European nations.
The latest development was made public by Enrico Galliera, the chief marketing and commercial officer at the sports car manufacturing company.
According to the report, the new development came about following requests from the company’s numerous customers and dealers that seemed to now invest heavily in crypto.
Enrico remarked, “Some are young investors who have built their fortunes around cryptocurrencies. Some others are more traditional investors who want to diversify their portfolios.”
How Ferarri Plans To Circumvent Crypto Volatility
It is general knowledge that cryptocurrencies are volatile payment options and should not be considered sustainable payment choices.
However, Ferrari seemed to recognize this peculiar problem and came up with an excellent initiative to tackle the issue. The sports car manufacturing company has revealed that BitPay will handle the initial phase of cryptocurrency payments for Ferrari products in the U.S.
XRP and SHIB are expanding in terms of utility and adoption, which would undoubtedly make both coins attract more users. At the time of writing, SHIB is changing hands at $0.00000702 while XRP is priced at $0.49.
Meanwhile, Enrisco disclosed that most Ferarri dealers in the United States have reviewed and accepted the initiative. He added that he is confident that the remaining merchants would buy the idea.
The chief marketing officer also noted that the sports car manufacturing firm plans to extend the crypto payment scheme to Europe by the first quarter of next year, followed by other regions of the world where crypto payments are accepted.#比特币#
#ContentStar##Gateio10周年##BountyCreator##GateioTurns10#$XRP$ I have wrote a funny story !!
Once upon a time, there was a crypto investor named Greg. Greg was a bit of a gambler, and he loved to chase the next big thing. One day, he saw an ad for a new cryptocurrency called "Dogecoin." The ad featured a picture of a Shiba Inu dog, and it promised that Dogecoin was the next Bitcoin.
Greg was intrigued. He had heard of Bitcoin, but he thought it was too expensive. Dogecoin, on the other hand, was very cheap. So Greg decided to invest his life savings in Dogecoin.
At first, Greg's investment did well. Dogecoin's price started to rise, and Greg was making a lot of money. But then, the price of Dogecoin started to crash. Greg lost all of his money.
Greg was devastated. He had lost everything. But then he realized something funny. Dogecoin was a meme coin. It was a joke cryptocurrency. And Greg had fallen for it.
Greg decided to share his story with the world. He wrote a blog post about how he had lost all of his money in Dogecoin. The blog post went viral, and Greg became a celebrity in the crypto world.
Greg's story is funny because it shows how gullible people can be when it comes to crypto. It also shows how important it is to do your research before investing in any cryptocurrency.#比特币#
#ContentStar##Gateio10周年##GateioTurns10##BountyCreator#$DOGE$ Bitcoin currently trades at $26,730 with a slight 24-hour increase and boasts a market cap of $521.58 billion.
The 50-day EMA stands at $27,210, emphasizing a bearish sentiment as Bitcoin trades below this marker.
A notable chart pattern, the double bottom breakout, has occurred at $26,900, which now acts as a resistance point.
Bitcoin, the world's premier cryptocurrency, faced challenges in sustaining its value, plunging below the $27,000 threshold on Friday. In the last 24 hours, its price largely oscillated around the $26,600 mark.
The recent depreciation is largely tied to the unveiling of the US Consumer Price Index (CPI) for September. This index rose by 0.4%, surpassing the projected 0.3%.
This unexpected surge in the CPI catalyzed a sell-off in risk-prone assets, encapsulating cryptocurrencies.
Concurrently, the US Dollar rallied by 0.8% after the US CPI release, marking another significant element pressuring the cryptocurrency realm downwards.
This scenario underscores a heightened investor prudence, a sentiment casting shadows not merely on the crypto space but also on the conventional financial arenas.
Bitcoin Price
On October 13, Bitcoin's current trading price stands at $26,730, reflecting a marginal gain of 0.10% over the last 24 hours.
With a significant 24-hour trading volume of $13.54 billion, Bitcoin confidently holds its dominant position as the #1 cryptocurrency on CoinMarketCap. The live market capitalization for Bitcoin is an impressive $521.58 billion.
As of now, approximately 19.51 million BTC coins are in circulation, inching closer to its predetermined cap of 21 million BTC.
Bitcoin Price Prediction
In terms of the 4-hour chart, the pivot point for Bitcoin (BTCUSD) is identified at $26,536. On the upside, Bitcoin confronts its first line of resistance at $28,000, followed by resistances at $29,062 and $30,574.
On the downside, support is placed firmly at $25,426, with further supports at $23,891 and $22,876, respectively.
Two significant technical indicators provide insights into the current market trend. The Relative Strength Index (RSI) is marked at 37, leaning towards the bearish side.
Meanwhile, the 50-day Exponential Moving Average (EMA) is $27,210. With the current trading price below this EMA value, it underscores a short-term bearish trend in the market.
Recent chart analysis has revealed an intriguing pattern: a double bottom breakout at the $26,900 mark. Interestingly, this very level now seems to serve as a resistance for Bitcoin.
Such patterns suggest a testing phase for the digital currency as it grapples with overcoming this resistance.
Conclusively, Bitcoin's trajectory seems bearish as it remains under the $27,210 mark. However, a breakthrough above this threshold can tilt the trend in favor of the bulls.
Short-term predictions anticipate Bitcoin challenging the aforementioned resistance levels in the forthcoming trading sessions
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #HotTopicDiscussion# 
