Author: admin

The XRP Ledger just hit a little snag with its latest bug fix getting pushed all the way to November after some validator drama dropped support below the magic threshold.

The Fix Got Pushed Back 🕸️

This amendment called fixCleanup3_4_0 was gunning for at least 29 votes from the 35 default trusted validators to go live. Support hit the mark on Monday keeping things on pace for an October 23 launch at 09:34 UTC. Then Wednesday hit different at 12:54 UTC when only 26 validators were backing it according to the dashboard and boom the whole countdown reset. Votes climbed back to 29 by 14:46 UTC kicking off a fresh 14 day timer so XRPLWin is now eyeing November 4 at 14:46 UTC for activation. Right now support sits at 31 validators giving it some extra wiggle room.

Keep in mind the ledger needs that support locked above threshold at every 15 minute checkpoint for 14 straight days or it ghosts the whole thing back to zero. No clue yet which validators dipped out but even an offline server can tank the tally without actively voting no.

This fix bundles a ton of upgrades across Single Asset Vaults the Lending Protocol AMMs the permissioned DEX trust lines NFTs MPTs escrow signing and permission stuff.

Bigger Picture Time 🌑

The XRPL 3.4.0 release drops big code changes including the LendingProtocolV1_1 amendment that adds closed ended vaults and cash basis accounting to the native lending system. These vaults cycle through subscription investment and redemption phases while interest only counts as income when payments land. Voting is open rn with support at 54.29%.

The XRPL one bundles all that chaos into one sinister cute package fr 🦇🖤👾🎀💀🕷️🩸🌙

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Just another echo from the void by iconofsin.eth 💖

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Japan’s transport minister just dropped that they’re mulling over yen stablecoins for handing back consumption tax to foreign visitors. 🖤 Nothing’s locked in yet tho but it hooks straight into this tax shift kicking off November 1 when tourists gotta pay upfront. 🌙

Tourist Tax Refund Twist Kicks In November 1st 🦇

From then on the whole tax-free vibe flips to a refund setup. Visitors drop the tax at the register and only snag it back once customs verifies the stuff is leaving the country. 💀 Getting that cash to travelers fast and cheap looks like the big headache rn. ✨ Yen-backed stablecoins might just solve it by zapping refunds straight to a digital wallet maybe even 24/7. 🪙
In March JPYC teamed up with Japan Tax-Free to test exactly this angle. 📉 Hours before the minister spoke someone was already saying Japan’s next big win could come from linking public systems with on-chain payments. 🔗 Wallet safety and identity checks are still big question marks plus anti-money laundering rules. 💳 How overseas folks even access it and swap into their own currency stays fuzzy too. 🕸️
In the end this feels less about hype for tokens and more about blockchain sliding into real public services.

Japan Crypto Rules And The Stablecoin Push 💸

Japan’s lower house already passed a bill in June that would treat crypto like stocks. Gains currently hit with up to 55 percent miscellaneous income tax could drop closer to 20 percent and it might open doors for spot ETFs. 🩸 Overseas moves are floating dollar stablecoins to boost treasury demand with the total stablecoin market sitting around 301 billion dollars and yen versions barely over 156 million. 🌑 If Japan nails safer faster cheaper tax refunds the same setup could later handle transport and logistics payments too.

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Just another echo from the void by iconofsin.eth 💖

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The meme coin scene just got wrecked in this latest market-wide correction, with Dogecoin (DOGE), Shiba Inu (SHIB) and plenty of others bleeding out on daily losses. 😭 MemeCore (M) tho straight up said nah to the red wave, flexing an insane 25% price jump and clocking a 10-day high. 💖 One analyst is calling for it to smash past a major mental barrier real soon, but other factors point to a possible quick correction ahead.

M Crushes PEPE 🚀

A few hours back, M pushed past $0.95 for the first time since October 12 before pulling back to the current $0.91. Its market cap blew past $2 billion, locking in the 51st spot overall and fourth in the meme niche. Along the way it flipped the frog-themed PEPE, which sits around $1.8 billion cap. 🖤

What sparked this glow-up stays kinda murky, but the team dropped news on X that Meson Tunnel and Express are done for MemeCore, with all M liquidity shifted over to LayerZero for bridging. According to Crypto With Gopal, M looks ready for even more upside after a solid bullish breakout from a long downtrend. He noted buyers stormed in hard once price cleared the $0.80 resistance zone.

Stay Sharp Out There ⚠️

Anyone eyeing a play on M could ride a fresh surge, but remember this token runs mostly on pure speculation and vibes rather than any real fundamentals, so a nasty drop is always possible too. 🕷️ Earlier this year it already crashed 76% in one day, and investigator ZachXBT straight up doubted the whole valuation and tokenomics setup. Meanwhile the RSI has shot up to 90, which screams the price ran way too hot too fast and a short-term pullback could hit. That tool sits between 0 and 100, with anything under 30 usually screaming buy opportunity. 👀

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Just another echo from the void by iconofsin.eth 💖

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The crypto market stays super sensitive to major political vibes rn and all eyes are locked on the US midterm elections hitting November 3. Some analysts warned this vote kicked off a big drop in Bitcoin’s (BTC) price before but history might not repeat itself fr. 🖤
Another spicy question pops up on how Ethereum (ETH) could move after the elections so we poked three popular AI chatbots for the tea. Here come the answers. 💀

Serious Volatility Incoming? 🌑

ChatGPT thinks ETH will probably tank hard then bounce back after the vote. OpenAI’s tool pointed out the price dipped after the last two midterms tho that happened in bear markets and one lined up with FTX’s collapse so no clear pattern forms. ✨
It added a Republican win might spark a bullish first reaction for ETH while a Democratic sweep brings bigger short term downside risk. 👀 According to prediction market Kalshi the Democratic Party holds a 67% shot at taking the US Senate at the start of November with rivals at 33%. Check it here
ChatGPT also warned elections are just one factor among many that could shift ETH valuation soon with inflation interest rates and institutional demand looking way more important. 📉

Perplexity agreed kinda saying the event might trigger a quick liquidation move either way especially if ETH sits near crowded leverage zones. 😈
“Analysts expect midterms to create meaningful volatility across BTC ETH and altcoins but see them as less decisive than monetary policy and growth data” it added.

Crypto Rally After the Elections? 🚀

Google’s Gemini felt more optimistic expecting the midterms to fuel an immediate ETH price pump and kick off a bigger bull run across crypto. 💎
The chatbot called for a climb toward 3200 one month after the vote with a possible push near 4000 inside 90 days. 🌙
“Ethereum is expected to reach a new all time high of 5200 to 6000+ within 12 to 18 months following the election driven by sustained post election regulatory clarity expanding spot ETF inflows and the broader market expansion cycle” it concluded. ✨

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Just another echo from the void by iconofsin.eth 💖

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