🚀 Solana surpasses Ethereum in transactions: the token reaches new heights!
Welcome to the Daily Tribune of Saturday, November 23, 2024 ☕️
Hello Cointribe! 🚀
Today is Saturday, November 23, 2024, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Partially sunny 🌤️
24h crypto recap! ⏱
🚨 An Apple vulnerability puts your cryptos at risk!
A critical vulnerability recently identified in Apple devices (iPhone and iPad) has caused shockwaves in the crypto ecosystem. This flaw allows cybercriminals to take remote control of a device via infected websites running malicious JavaScript code. Hackers can thus access sensitive data such as private keys or passwords, exposing users' digital wallets to massive thefts.
Although Apple quickly rolled out a security update, this incident highlights the urgency of keeping devices up to date and adopting robust cybersecurity practices. The crypto community, for its part, has intensified alerts.
🚀 Solana reaches a historic peak!
On November 22, 2024, Solana (SOL) reached a historic record of $264.31, showing an impressive increase of 11% in 24 hours. This performance reflects renewed confidence from investors, two years after the fall of FTX which severely impacted the token. Solana is also establishing itself by surpassing Ethereum in transaction volume on DEX, demonstrating the efficiency of its network with reduced fees and increased performance.
Recent technological advancements, strategic partnerships, and the growing adoption of its ecosystem have played a key role in this spectacular rise. This success reflects Solana’s resilience, which has strengthened its security and optimized its infrastructure to attract investors and developers. The possible approval of a dedicated ETF could further propel SOL to new heights.
💥 Bitcoin's L2 projects explode: $47 billion in sight!
Bitcoin's layer 2 (L2) solutions are revolutionizing the crypto ecosystem, with a spectacular leap in 2024: projects have multiplied by seven and attracted $447 million in investments, representing 44% of venture capital for this technology. Offering solutions to overcome the limitations of the main network in terms of speed and costs, L2s are becoming indispensable. With tools like sidechains and rollups, along with the rise of BRC-20 tokens, these innovations attract businesses, developers, and investors.
Galaxy Research anticipates massive adoption with a potential market of $47 billion by 2030. Competition remains fierce, but L2s are emerging as the key lever for Bitcoin’s future, opening up new perspectives for scalability and use.
🔍 Three technical signals predict an explosion for Polygon (POL)!
Polygon (POL), currently at $0.4375, could experience significant growth according to crypto analyst Ali Martinez. Three technical signals support this prediction: a rebound on a triangle chart pattern, a bullish crossover of the stochastic oscillator, and a MACD ready to generate a buy signal on the bi-weekly chart. Meanwhile, on-chain data reveals massive token accumulation by investors, with a record withdrawal of POL from exchanges.
The net flow ratio of whales, down from +3917% to -55%, indicates strong institutional demand. If this momentum continues, the token could target $0.46, then $0.57, despite resistance requiring high volume to be broken.
🔥 Enjoy Black Friday with Ledger and gain security and Bitcoin! 🛡️
This year, Ledger makes a strong impact with exclusive promotions for Black Friday. By purchasing a Ledger Nano X, a Nano S Plus, or the brand new Ledger Stax, you not only receive incredible discounts but also an exceptional bonus: up to $70 in Bitcoin directly credited to your wallet thanks to the Ledger Flex offer. It’s the perfect opportunity to secure your cryptos while earning a nice reward.
💡 Why choose Ledger?
Maximum security: Your cryptos are protected against cyberattacks.
Extensive compatibility: Supports over 5,000 crypto assets.
Intuitive interface: Ideal for beginners as well as experts.
Don’t miss this opportunity to invest in a quality wallet and enhance your crypto security while recovering part of your investment in Bitcoin. Act fast, stocks are limited and the offer lasts only until November 27, 2024!
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Crypto of the day: VeChain (VET)
VeChain is a blockchain platform at the enterprise level that relies on IoT technology (Internet of Things) to improve traceability, transparency, and efficiency in supply chains. Designed to solve complex data problems in various sectors such as health, energy, and food.
VeChain allows for reliable data sharing without requiring prior trust among participants, as it is the blockchain itself that guarantees the integrity, security, and transparency of recorded information.
Its native crypto, VET, is used to transfer value and generate VTHO, a separate token used to pay transaction fees, thereby ensuring cost stability. VET holders benefit from returns thanks to this automatic generation of VTHO, while using the network for various practical use cases such as smart contract management or product authentication.
Recent performances
Current price: $0.041
24h variation: +34.31 %
Market capitalization: $3.35 billion
CoinMarketCap ranking: 41
🇺🇸 Bitcoin Act: Towards a U.S. strategic reserve that could propel BTC to $1 million!
The "Bitcoin Act", proposed by Republican Senator Cynthia Lummis, aims to establish a strategic reserve of Bitcoin in the United States.
Supported by representatives from both parties, this project has gained credibility thanks to the Republican majority in the Senate and the return of Donald Trump to the White House. With current Bitcoin holdings estimated at $18-19 billion, the U.S. government already has a solid foundation to implement this initiative. Meanwhile, several U.S. states, such as Pennsylvania, are also adopting similar measures, reinforcing the prospect of federal adoption.
The potential impact of this law could be monumental. Adam Back, co-founder of Blockstream, believes that the adoption of the Bitcoin Act could propel the value of Bitcoin to a million dollars, a figure supported by the acceleration of institutional adoption expected under Trump's presidency.
Currently at $99,000, Bitcoin is close to its all-time high, and this momentum could be further strengthened by the introduction of Bitcoin ETFs and the recognition of cryptos as collateral assets by financial institutions. This legislation would transform Bitcoin into a legitimate asset class for institutional investors, consolidating the role of the United States as a global leader in crypto innovation.
