Web3 🌒 Saturday Headlines: High-Flying Tokens, Gensler's Tweet Tussle, and BlackRock Backs Ether
1/ The Biggest Crypto Gainers on Uniswap.
2/ Gensler Calms Crypto Chaos After Fake ETF Tweet.
3/ BlackRock CEO Backs Ether ETF.
4/ Buterin Wants More Gas for Ethereum.
For further more details, let's keep reading! 👇
Today's headlines are a whirlwind of meteoric gains, market mayhem, and high-profile endorsements. Uniswap's hottest tokens, untangle the web of a fake SEC tweet, from BlackRock's moves to Ethereum's gas, there's something for everyone in this volatile, exciting world.
Stay turned for more details!
1/ The Biggest Crypto Gainers on Uniswap.
Small-cap cryptocurrencies that have experienced large price increases in a single day. TROLL, TOKEN, and CLS have gained over 100% in 24 hours, leaving even seasoned crypto enthusiasts scrambling to catch the wave. However, these are high-risk gambles with the potential for rug pulls and scams. If you're seeking astronomical gains, consider vetted crypto presales - they offer similar thrill with (hopefully) more safeguards.
Joel Frank
2/ Gensler Calms Crypto Chaos After Fake ETF Tweet.
Just when it seemed we were strapped in for a smooth Bitcoin bull run fueled by ETF approvals, things got weird. A cyberattack on the SEC's Twitter sent the crypto world into a frenzy with a fake announcement on Bitcoin ETFs. Chair Gary Gensler, ever the calming voice, quickly assured everyone that the SEC doesn't tweet policy, but the damage was done. Meanwhile, BlackRock CEO Larry Fink did a crypto 180, praising Bitcoin as a "store of value" and eyeing Ethereum ETFs. All this excitement couldn't keep the price aloft though, with Bitcoin taking a dip after the initial surge.
Jason Nelson
3/ BlackRock CEO Backs Ether ETF.
BlackRock CEO Larry Fink wasted no time in expressing his support for its Ethereum counterpart. "I see value in having an Ethereum ETF," he declared, viewing them as "stepping stones" towards a future defined by tokenization. This technology, transforming real-world and digital assets into blockchain-based tokens, holds immense potential for Fink, promising to combat money laundering and corruption.
Jamie Crawley
4/ Buterin Wants More Gas for Ethereum.
Ethereum's co-founder Vitalik Buterin proposed to increase the gas limit, the maximum amount of gas allowed in a block, from 30 million to 40 million. This would help to ease network congestion and lower transaction fees. However, there are some concerns that this could increase energy consumption and make the network more vulnerable to attacks. The Ethereum community is divided on the proposal, but Buterin believes that it is necessary to keep up with the growing demand for the network.
David Sencil
Conclusion:
Overall, the crypto world today was a whirlwind of unexpected twists and turns. While small-cap coins soared on Uniswap, a fake ETF tweet and Bitcoin's subsequent dip served as a stark reminder of the market's volatility. However, amidst the chaos, glimmers of optimism emerged with BlackRock's support for an Ethereum ETF and Buterin's proposed gas limit increase for Ethereum. As always, this space demands caution and research, but it also offers the potential for innovation and disruptive change.
Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.
