What does Twitch & Ethereum (ETH) investors see in DeeStream (DST) presale, and will Bitcoin (BTC) exceed $70K
In the changing world of digital currencies and online video services, investors are closely watching the upcoming changes in Ethereum’s Dencun upgrade and dealing with the legal issues surrounding Bitcoin (BTC). At the same time, people are paying attention to the DeeStream (DST) presale, which provides a peek into how the streaming industry might change.
This article discusses why Ethereum’s worth has risen lately, the legal obstacles Bitcoin (BTC) encounters and the appealing aspects of DeeStream (DST) that have grabbed the attention of investors.
Ethereum’s (ETH) Bullish Trajectory Fueled by Anticipation of Dencun Upgrade
The recent surge in Ethereum’s price, currently at $3,028 with a market cap of $363.59 billion, is attributed to the excitement surrounding the upcoming Dencun upgrade scheduled for March 13, 2024. This upgrade holds immense promise for Ethereum (ETH), focusing on scalability and competitiveness. Investors and analysts are closely monitoring the developments, expecting key enhancements like proto-danksharding and data blobs to address challenges in transaction costs and throughput. Grayscale’s confidence in Ethereum’s potential, highlighted by the Grayscale Ethereum Trust (ETHE) with over $7 billion AUM, underscores the growing interest among investors as the Dencun upgrade approaches.
Bitcoin (BTC) Legal Battle: Craig Wright’s Admissions and Implications
In a crucial moment of the ongoing legal battle against Craig Wright, who claims to be Satoshi Nakamoto, he admitted to making revisions to the Bitcoin (BTC) whitepaper documents during the trial’s third week. The focus on document modifications raises questions about the authenticity of Wright’s claim and the purpose behind these changes. The trial delves into broader issues of copyright, document authenticity and legal recognition of digital asset creation. Marti Malmi’s testimony, disputing Wright’s timeline, adds complexity to the case, with implications that could significantly impact the cryptocurrency world, irrespective of the trial’s outcome.
Bitcoin’s price, at $51,700 on February 18, faces resistance at $53,200, with historical trends suggesting potential sell-offs. A strong buy-wall at $50,000 provides support and the chance of exceeding $70,000 depends on breaking through resistance and capitalizing on bullish momentum in the coming weeks.
DeeStream (DST): Revolutionizing Streaming with a Decentralized Vision
DeeStream (DST) aims to change how streaming works by using blockchain technology. They want to give more power to both content creators and viewers, making the streaming experience fair and free. Unlike traditional streaming services, DeeStream (DST) doesn’t believe in censorship and has a better way of sharing revenue.
They use blockchain to make payments faster, reduce fees and have a fully decentralized system. Right now, they are selling DST tokens for $0.04 each in a presale. These tokens come with special rights, like having a say in how things are run and getting a share of the revenue. This has caught the attention of many, showing that people see a bright future for DeeStream (DST).
DeeStream (DST) stands out because of its unique features, like being decentralized, having a different way of making money from content and giving users more control. It’s called a web3 platform and it’s getting popular for its potential to change the streaming industry. The presale is in its first stage, giving investors a good chance to get involved and help shape the future of DeeStream (DST). People who invest in platforms like Twitch and Ethereum (ETH) might find DeeStream (DST) interesting because it could transform how we consume content.
Find out more about the DeeStream presale by visiting the website here
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