Bitcoin – BTC Stacks – STX This Crypto is Making People SUPER RICH!! MASSIVE Funds to Stacks as Bitcoin Ordinals Soar! While much of the crypto Market is going down one altcoin is rallying 25 in the last day and Justin’s son adds 240 million dollars to a new protocol this is your all coin Buzz news Hey what’s up everyone my name is Cody Buffington make sure to like subscribe and turn on notifications you know when we drop our latest content follow us on Twitter at allcoin buzzio and as always this is not Financial advice and we wish you the best of luck in your crypto Adventures Bitcoin keeps pushing for a bullish end to February as the monthly close starts another week’s price action analysts are eyeing a breakout towards 30 000 if support can become more permanent but concerns remain that a trip back towards resistance reclaimed in January is still in the cards crypto lawyers have Rebuffed comments made by the head of the United States Securities regulator who claimed in a recent interview that every cryptocurrency except Bitcoin is a security that falls under its jurisdiction in a February 23rd New York Magazine interview discussing crypto Securities and Exchange Commission chair Gary Gensler claimed that everything Other than Bitcoin falls under the agency’s remit he added that other crypto projects are securities because there’s a group in the middle and the public is anticipating profits based on that group which he said is not the case with Bitcoin Jake drivinsky a lawyer and policy lead at the crypto advocacy group The blockchain Association argued in a tweet on February 26th that gensters opinion is not the law despite his Acclaim of command over the crypto sector he added until and unless the SEC proves his case in court Forge jurisdiction over each individual token one at a time then it lacks authority to Regulate any of them lawyer Logan Bollinger also chimed in saying that gensler’s opinions on what is or isn’t a security are not legally deposited meaning it’s not the final legal decision judges not SEC chairs ultimately determine what the laws mean and how it applies meanwhile Gabriel Shapiro The General Counsel at Investment for Adelphi Labs outlined in a series of tweets the seemingly impossible enforcement that the SEC would have to carry out on the industry to cement its rule Shapiro said that over 12 000 tokens worth around 663 billion dollars according against their are unregistered Securities that are Illegal in the U.S and as mentioned by Stravinsky the agency would have to file a lawsuit against each token Creator I question to you guys today is there any altcoin you’re willing to hold for 10 years if you had to choose from Ada Matic Solana or eth which one would it Be let me know in the comments down below and I’ll share my favorite ones tomorrow operators on the Solana Network rush to help the struggling blockchain early on Saturday after a tech issue throttled users ability to trade crypto transfer assets or do anything on chain the blockchain started forking its Transactions around 12 53 am according to Solana’s Discord server shortly after that validators Ram began increasing while the change transaction throughput fell off a cliff those Tech troubles effectively froze in nearly all on-chain activity on the Solana Network the network was processing about 93 transactions per second well below the 5000 15 minutes prior this led validators to downgrade their version to 1.13 to restore transactions in the network the downgrade however was not enough to restore Solana to normal operations forcing the decision to restart the network on version 1.13.16 the Salata network is currently restarting with 80 of its active Validators online necessary to resume operations as more validators complete their restart this number will rise in line with the amount they have staked this means large validators such as centralized exchanges have an outsized impact on the restart times within hours a majority of validators had switch back To the old software in their attempt to restore Solana’s operations but it did little to solve the still unknown problem that was weighing down the performance the effort then turned into a more drastic solution restarting the chain to the point immediately before the forking Solana has been having a Rough year what do you guys think is there still hope for Solana ethereum plans to launch a new test net named Holly later this year ethereum Court developers plan a transition from the old testnets to new testnets and to solve the eth supply issues the test net will be the first long-standing emerge From Genesis public ethereum testnet ethereum core developer Tim baigo in a tweet on February 24th announced the team plans to launch the Holly test net near September 15 2023.the plan to launch a New Testament has been in the process since the merge upgraded last September he said old testnets end up Being a problem for clients and node operators because it takes more time and space to sync before the holy test net launch ethereum developers plan to get application developers easy access to test net eth test Nets help three distinct groups of users client developers application developers and node operators or stakers however the Needs of each group are quite diverse Tron founder Justin sun has also staked millions in ethereum on a liquid staking platform Lido Finance ahead of the most awaited ethereum Shanghai upgrade this march on chain data platform look on chain revealed that an address marked as Justin’s son staked 150 000 eth worth Over 250 million dollars on Lido large amounts of each stake to liquid staking light up by Justin sun is a no-brainer as it clearly indicates that Justin’s son is bullish on the ethereum Shanghai upgrade and wants to utilize the opportunity in fact ethereum staking continues to rise as the Shanghai Upgrade comes near Lido which controls over 75 percent of the liquids taking Market offers an annualized percentage return of 4.8 percent on staked ether liquid staking is expected to grow even further because of the eth-staking ratio which measures the percentage of the cryptocurrency’s supply staked theorems is significantly lower than other layer Ones only 14 of eth is currently being staked versus 58 the average for other layer 1 coins binance research recently voiced an opinion forecasting more inflow of money into staking protocols after the Shanghai upgrade it could be argued that many groups of individuals have been waiting for Shanghai to stake Their eth as withdrawals will remove the liquidity risk and uncertainty of previously undefined lock-up periods the Avalanche ecosystem has recorded significant growth since the start of 2023.one reason behind the search could be the rise in the number of new contracts according to Dune analytics there was a 30 monthly growth in new Contracts in January while February saw a 75 jump in the number of new contracts since the beginning of the year Avalanches had high profile Partnerships to boost its Network appeal in January it joined with Amazon AWS to promote the usage of the blockchain technology for Enterprises and government agencies Earlier this week it took an enormous leap in the game pie landscape after announcing the collaboration with Indian streaming platform Loco to launch an nft gaming Marketplace these higher value deals led to a surge in avalanche of social metrics as mentions and engagement on social platforms increased By 16 over the past week and China’s web 3 Community is rallying around the news of 10 cents margin to the decentralized land on Wednesday the social and gaming giant held its first Global web3 Summit in Singapore where it was announced that tencent cloud is partnering with a few Other popular web 3 infrastructure Builders including Avalanche this tax token has doubled in two weeks on the back of strong growth for Bitcoin based non-fungible tokens prominent crypto investing funds are also turned into the stacks Network as they bet on the growth of Bitcoin Stax is a layer 2 Companion chain for the smart contracts focused on bitcoin Stack’s token has jumped to 25 in the past 24 hours adding to a 50 surge over seven days demand for the token has increased since the arrival of the ordinals protocol which went live on January 21st and allows users to inscribe references to digital Art into small transactions on the Bitcoin blockchain the token’s market cap topped 1.2 billion as of today a recently published investment thesis by Northrock digital highlighted stacks’s focus on decentralized finance the Innovative use of smart contracts and its compatibility with Bitcoin as attributes that set it apart from other Blockchain projects North Rock digital founder Hall press said we believe there’s a massive and relatively untapped Market opportunity and a huge cultural inflection point in the community sparked by ordinals and a transformative Stacks upgrade is coming later this year a Stax upgrade is scheduled from March 20th may have also Contributed to the recent growth of stacks one of the main features is the introduction of a stacking 2.0 an updated version of the Stax consensus mechanism stacking is a process in which Stacks token holders can lock up their tokens to help secure the network and earn rewards the h-bar distribution report which is Published on a quarterly basis outlines that the network is set to unlock a 6.28 of its total Supply on March 1st which comes to a total of 3.1 billion hbar tokens taking into account the price of hbar right now this would result in a distribution of tokens valued at around 238 million dollars tokens pertaining to purchase agreements Network governance and operations are anticipated to consume at 0.6 percent and 1.1 percent of the unlock additionally the unlocking event will include at tokens addressed to the ecosystem and open source development program which makes up approximately 4.5 percent of the unlock The total circulating supply of Heder is somewhere around 25 billion from this approximately 50 percent of the total supply has been made available while just over 49 of the tokens remain locked however it is important to note that following this unlock a subsequent token release events will not be nearly as Significant and will only result in minor additions to the available token Supply considering that hedera has experienced such token unlocks over the course of the previous couple years the level of selling pressure to some extent has decreased although there is always a risk of a negative effect on the price Of the token during an unlock a catastrophic occurrence is less likely to take place now that’s it for all coin Buzz news update I’m your host Cody Buffington thanks for watching Bitcoin layer 2 stacks has been soaring as investment firms ape in, AVAX is partnering with Chinese Giant Tencent, and Hedera is about to have a massive token unlock.Justin Sun puts $240 million ETH in to Lido, and Gary Gensler is coming for every crypto.🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access🚀 Join Altcoin Buzz Access Pro FOR FREE➡️ https://t.me/AltcoinBuzzSignals ⏱️ TIMESTAMPS 00:00 INTRO 0:24 Gary Gensler is coming for every crypto 2:16 Solana Network down 3:31 Justin Sun’s $240 Million Investment 5:24 AVAX partners with Chinese Giant Tencent 6:21 Bitcoin Stacks 100%! 7:35 HBAR massive token unlock ● Freebies ● 📖FREE WEEKLY MARKET & NFT UPDATE REPORTS https://drive.google.com/drive/u/1/folders/1XH5BE4xt1JViVFRLKU8rhGsUBT6lqLEN ➡️ FREE CRYPTO PROJECT EVALUATION CHECKLIST Use this checklist to help you with the research and due diligence process for any crypto project.https://bit.ly/altcoinbuzz-checklist ● Affiliate Links ● 💰Binance US Affiliate Sign-Up Links💰 🚩Binance US https://binance.pxf.io/c/3583228/1578489/12872 💰MEXC Affiliate Sign-up link💰 https://www.mexc.com/register?inviteCode=mexc-1GTD8 Trezor Affiliate Link https://trezor.go2cloud.org/aff_c?offer_id=133&aff_id=32282 ● Recommendations ● 📖 Read the Article: ● Community & Socials ● 💰FREE TRADING 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