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Since Ethereum’s Shanghai upgrade, centralized crypto exchanges Binance and Coinbase have seen large outflows of staked ether, while decentralized liquid staking protocols experience significant inflows. Regulatory risks and higher rewards offered by decentralized platforms are driving this shift away from centralized staking services.

“Former BitMEX CEO foresees Bitcoin’s price surging to approximately $70,000 in 2024, propelled by potential financial disruptions and an anticipated Bitcoin halving event. Meanwhile, El Salvador launches its maiden sustainable Bitcoin mining pool, and BlackRock nears approval of a Bitcoin ETF – potentially triggering a $650 billion surge in crypto asset management.”

“Liquid staking protocols, particularly Lido, have seen a massive rise recently despite an overall downturn in the DeFi industry. The popularity of liquid staking, driven by regulatory pressures and attractive yield returns, suggests a potential shift within the DeFi ecosystem.”

The Wall Street Bets community is making waves in the crypto markets with the launch of the Wall Street Base (WSB) token, which saw a staggering +1,000% increase at its DEX launch. Now, the Wall Street Memes (WSM) crypto presale offers a potentially lucrative opportunity for investors, with 30% of the token supply allocated to community rewards and 20% towards liquidity.

The mysterious creator of the BALD token recently moved around $12 million in ETH back to the Ethereum network. This follows BALD’s impressive surge to an $80 million market cap followed by a 90% plunge in prices. The BALD token creator also transferred 2,100 ether to crypto exchange Kraken. Despite the market turmoil, the creator maintains that BALD is a “memecoin” with no intrinsic value.

“Shiba Inu and Pepe have seen an 8% rise in 24 hours, potentially linked to Ark Bitcoin ETF delay by SEC. Analysts suggest altcoins could rocket ahead of Bitcoin’s next ‘halving’ in 2024. Meanwhile, new meme coins, $SHIB and $PEPE, show promise but investors are urged to conduct due diligence; crypto carries high risk.”

“One in question, Pepe Coin (PEPE), witnessed an approximate leap of 9% in valuation amidst a market rally, emerging as the third-largest meme coin by market capitalization. Meanwhile, BTC20, another ER-20 token, promises faster transactions, greener operations, and anchoring the decentralized finance (DeFi) world.”

“Rollbit Coin (RLB) has seen exponential growth recently due to its listing by major CEX Poloniex. Despite this rise, traders may need to look elsewhere for future gains. Enter Wall Street Memes (WSM), an ERC-20 token attracting interest with its impressive initial fundraising and strong online following. However, the unpredictable nature of crypto demands cautious investment.”

“Explosive performances of DEX tokens like BOT, which recently soared 1,190%, create exciting, but risky situations for investors. Liquidity concerns mean some investors could be left unable to sell. Meanwhile, the growing Meme coin market features $WSM, a token backed by a large community and presale growth potential.”

“$BALD, a meme coin on Coinbase’s Ethereum layer-2 scaling solution, dropped 90% following rug-pull concerns. The incident emphasizes the risks of meme coins and demonstrates the importance of thorough contract examination using platforms like DEXTools to detect potential scams.”

Centralized stablecoins, stabilizing their price against another asset like the U.S dollar, account for 75% of all transactions on centralized crypto exchanges, with TrueUSD (TUSD) and Tether’s USDT taking significant shares. However, amid growth, controversies and transparency issues pose challenges and risks, demonstrating the crypto market’s vulnerability. The future of such stablecoins depends on addressing these vulnerabilities and embracing transparency.

The KSI Token has seen a substantial increase in value, but lacks a significant online presence and community support. This contrasts with Wall Street Memes, another meme token, which has a strong community backing. Despite the popularity of meme tokens, it’s essential to remember that crypto investment is high risk and requires careful consideration.

BIT Mining, once reliant on Ethereum for self-mining revenue, has shifted focus to Dogecoin and Litecoin after Ethereum transitioned from proof of work to proof of stake. The miner reported $72.9 million in revenue for the last quarter but experienced a 75% drop YoY.