Sjuul achieved financial independence through years of immersion in cryptocurrency. Starting in 2016, he faced ups and downs, losing in 2018 but rebounding in 2020 with calculated trades during the 2021 bull run. Early adoption of DeFi projects like BNB and Pancakeswap significantly boosted his portfolio. Sjuul, now with over 700,000 followers, shares his crypto journey on Twitter and educates through AltCryptoTalk, emphasizing the importance of staying ahead in the dynamic crypto world.
Arbitrum Experiences Partial Outage from Heavy Traffic
The Arbitrum blockchain faced technical issues on December 15th when its sequencer stalled due to a large surge in transaction volume.
Sjuul Follings
The December 2023 Arbitrum outage was brief, it highlighted the ongoing work needed to build robustness into layer 2 architectures. Protocols must plan for unpredictable usage spikes through decentralization, redundant capacity and automatic scaling.
Discover the surge in Solana phone sales as traders scramble to capitalize on BONK arbitrage opportunities. Get the inside scoop on this trending phenomenon in the crypto market.
Sjuul Follings
The surge in Solana phone sales driven by the pursuit of BONK arbitrage highlights the dynamic nature of the cryptocurrency market. Traders are constantly seeking opportunities to maximize their investments, and the allure of a token airdrop has proven to be a powerful incentive
ZK-EVM: Vitalik Buterin's Plan to Supercharge Ethereum
Vitalik Buterin introduces the enshrined Zero-Knowledge Ethereum Virtual Machine (ZK-EVM), a conceptual architecture aimed at enhancing the efficiency of Ethereum's main chain.
Sjuul Follings
Vitalik Buterin proposes the enshrined ZK-EVM to enhance Ethereum's main chain efficiency. This conceptual architecture integrates advanced cryptographic techniques, improves Layer-2 applications, and prioritizes compatibility and transparency.
Discover how Coinbase's support for BONK, a new memecoin on the Solana network, has sparked a remarkable price surge, positioning it as a rising star in the cryptocurrency market.
Sjuul Follings
Coinbase's addition of BONK to its platform has triggered a significant price rally for the memecoin, propelling it to new heights in the cryptocurrency market. The coin's integration into Coinbase, combined with overall growth in the memecoin sector, positions BONK for potential success and increased investor interest
JPMorgan's Optimistic Prediction for Ethereum in 2024
JPMorgan's latest analysis predicts Ethereum will surpass Bitcoin and other cryptocurrencies in market performance in 2024, driven by the anticipated EIP-4844 upgrade.
Sjuul Follings
JPMorgan predicts that Ethereum will outperform Bitcoin in 2024, driven by the EIP-4844 network upgrade and increasing interest in Ethereum spot ETFs. This prediction, coupled with Ethereum's recent market performance and pending SEC decisions on ETFs, positions Ethereum for potential market leadership.
Explore our in-depth cryptocurrency analysis: BTC faces a crucial $40,000 level, DOT surges past $7.0 eyeing $8.0, while NEAR maintains a bullish trend. Detailed insights on altcoins, including SOL's $80.0 resistance and XRP's $0.7 pivotal point.
Sjuul Follings
This edition reveals BTC at a tipping point with $40,000 support, DOT bullish above $7.0, and NEAR eyeing a weekly close beyond $3.5. Explore altcoin scenarios, from SOL's $80.0 resistance to XRP's $0.7 breakout, for strategic trading insights.
Ledger Threat: Sushi's CTO Sounds Alarm on dApp Exploit
Sushi's CTO has issued a warning about a possible exploit that could impact various decentralized applications (dApps).
Sjuul Follings
The recent warning from Sushi's CTO highlights the need for increased security measures in the DeFi space. By staying vigilant, following best practices, and prioritizing collaboration, users and developers can protect themselves and contribute to the long-term sustainability of decentralized finance.
Indian Government Provides Clarity on Upcoming Crypto Regulation
The Indian government has provided an update on where crypto regulation stands in India and clarified rumors around an impending ban.
Sjuul Follings
This clarification from the Indian government is a welcome move that addresses uncertainties around regulating versus banning cryptocurrencies. While private digital currencies will face some restrictions under the upcoming legislation, they will remain legal for Indians to transact with. The path forward is regulation rather than prohibition, allowing for progressive policies that balance innovation and consumer protection.
Major crypto exchange KuCoin has agreed to pay $22 million and terminate access for New York users in a settlement with the New York Attorney General over violating securities laws.
Sjuul Follings
While resolving pending legal issues, the KuCoin-NYAG settlement highlights ongoing debates around cryptocurrency regulation. Classifying digital assets like ETH as securities broadens their potential oversight but conflicts with their current use and decentralization in some cases. Exchanges also face a complex patchwork of differing regulatory standards as they expand globally.
ChatGPT's Optimistic Forecast for XRP's Price Growth
Explore ChatGPT's prediction for XRP's price growth, projecting an ambitious $2.5 target by year-end and a conservative $5 average by next year, amidst crypto market volatility.
Sjuul Follings
ChatGPT predicts a bullish future for XRP, projecting a price target of $2.5 by the end of this year and an average of $5 by the end of the next year. This optimism is based on XRP's recent regulatory advancements and market potential, despite existing challenges and the need for resolution in the Ripple-SEC case.