A recent Execution Layer Meeting between Ethereum Foundation and core developers revealed some testing updates from Devnet-8 and Holesky testnet. The Devnet-8 has been recently launched which is the test network for Cancun upgrade.

Also Read: Will BTC Price Recover Before September 1, 2023? Whats Next for Bitcoin?

Recently, Parithosh Jayanthi, a DevOps at the Ethereum Foundation, informed during the Execution Layer Meeting that there were updates to share on about Devnet-8 and Holesky testnet. This was in response to the meeting called for on various other topics by Tim Beiko, an Ethereum core developer. The Holesky mainnet is likely set for launch around September 15, 2023. This upgrade would replace Goerli as a staking, infrastructure and protocol-developer testnet.

Wed like to bring up testing updates from Devnet-8 and Holesky updates (We tested out 1.4 million validators and more than 1B Ether in the network and would like to propose the same for Holesky).

Around August 18, 2023, the wider crypto markets experienced a bearish cycle over selloff in the US financial markets as well as the news on SpaceX selling off its Bitcoin holdings.

Meanwhile, the Ethereum price could likely go through increased volatility in the coming months surrounding the news of a potential Ethereum based futures ETF approval. Earlier, speculation was around that the U.S. Securities and Exchange Commission (SEC) may likely give a nod to the Ethereum futures exchange-traded funds (ETFs).

Also Read: Cardano Debuts New Hydra Version, ADA Price Pump Incoming?

Read more here:

Ethereum Devs Share Holesky Updates; When ETH Price Rally - CoinGape

With innovation being a consistent force, the aim of any crypto project is not just to meet market demands but to propel the industry into the next phase of development. The quest for efficiency, scalability, and real-world use cases drives the industry forward. Ripple (XRP) has been at the forefront of efficient transactions, and with its advancements, its poised to challenge industry leaders like Bitcoin and Ethereum in terms of efficiency. But amidst these top crypto coins, another entity is surging ahead with unparalleled promise: InQubeta.

InQubeta, with its native token QUBE, stands as a testament to the limitless possibilities AI technology holds. The world is on the brink of an AI revolution, and InQubeta is playing a significant role by offering a platform that enables fractional investments in AI startups. By doing so, InQubeta is democratizing access to the AI investment landscape.

The unique selling point of InQubeta is the seamless and efficient investment process it offers through its NFT marketplace. The platform employs QUBE tokens for these fractional investments, merging the worlds of AI startups and crypto enthusiasts. With a deflationary model in place for QUBE, its an enticing proposition for investors. Not only do they get a stake in high-potential AI startups, but they also benefit from the intrinsic value appreciation of QUBE.

But the allure doesnt end there. The InQubeta platform is underpinned by rigorous security and trust protocols. Its smart contract has been audited successfully by Hacken, reinforcing its commitment to safeguarding user interests. With a promising roadmap, featuring the launch of the InQubeta swap, DAO, and intentions to go multichain by Q1 2024, its clear that InQubeta is here for the long haul. Experts believe in its potential as one of the best altcoins to buy for 100x returns.

Returning to the spotlight, Ripples efficiency is gaining prominence. As the crypto space has evolved, Bitcoin and Ethereum have often been criticized for their scalability issues and energy consumption. Ripple, with its unique consensus protocol and more energy-efficient infrastructure, offers a transaction speed and cost-effectiveness that is poised to rival, if not surpass, Bitcoin and Ethereum.

With the push towards greener technologies and sustainability, Ripples efficiency could position it as a preferred choice for many institutions and individual users alike, who are increasingly conscious about the environmental impact of their crypto transactions.

Cardano, with its proof-of-stake mechanism, holds the promise of a more sustainable future for the blockchain world. Created with scientific research and peer-reviewed processes, Cardano provides a balance between security and sustainability. But beyond that, its commitment to global financial inclusion and the empowerment of unbanked populations positions it as more than just a cryptocurrency; its a movement for positive change.

With its impressive scalability, security, and sustainability features, theres little wonder why crypto enthusiasts see Cardano (ADA) as one of the best altcoins to invest in. As the project continues to roll out its phases and attain its milestones, the crypto space keenly observes, with many predicting it to be a mainstay in the top ranks of blockchain platforms.

InQubeta, with its visionary approach to AI investments, and Cardanos sustainable blueprint, indicate a shift in market dynamics. Its an exciting time to be part of the crypto universe, with potential wonders waiting just around the corner. Those willing to dive deep, research, and align with these groundbreaking projects may very well find themselves at the forefront of the next crypto revolution.

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Ripple Could Rise Above Bitcoin and Ethereum in Efficiency. The ... - Analytics Insight

Seoul, Korea --News Direct-- Chainwire

Ethcon Korea

Brace yourselves for the most anticipated event in the world of Ethereum: Ethcon Korea 2023. This groundbreaking Ethereum developer conference and hackathon are now officially open for registration, beckoning visionaries, developers, and enthusiasts from all corners of the globe to converge and explore the boundless possibilities of the Ethereum ecosystem.

An Event Beyond Compare

Organized by the esteemed Ethcon Korea Steering Committee and proudly sponsored by none other than the Ethereum Foundation, Ethcon Korea 2023 is poised to be a pivotal moment in the evolution of Ethereum. From September 1st to 3rd, the vibrant district of Seongsu-dong in Seoul will play host to this dynamic convergence of minds.

Key Details:

Conference Pass: Priced at a modest $69

Hackathon Pass: At an equally enticing $79

Embrace the Highlights:

The grandeur of Ethcon Korea 2023 unfolds through its rich agenda:

Day 1(Sept 1): Keynote by Ethereum Creator Vitalik Buterin

Day 2(Sept 2): Workshops by Global Ethereum Project Teams

Day 1, 2, 3: Hackathon with 'Quadratic Funding' Prizes. Prize pool is 45k USD.

Join Us:

Be part of Ethereum's future at Ethcon Korea 2023. Unite with fellow developers and enthusiasts, gain insights from Vitalik Buterin, and engage in hands-on workshops. Register now on our official website.

https://2023.ethcon.kr/

https://t.me/ethcon_korea_1

About Ethcon Korea:

Ethcon Korea, sponsored by the Ethereum Foundation, fosters collaboration and innovation within the Ethereum development community. As the sole non-profit event in Korea with Foundation support, it's a launchpad for the Korean Ethereum community onto the world stage.

Ethcon team

support@ethcon.kr

View source version on newsdirect.com: https://newsdirect.com/news/ethcon-korea-2023-the-ethereum-developer-conference-and-hackathon-now-open-for-registration-390120998

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Ethcon Korea 2023: The Ethereum Developer Conference and Hackathon, Now Open for Registration - Yahoo Finance

Bitcoin (BTC) price is down, but not out, only that the recent slump happened to close to the weekend, denying the market a chance for a rebuttal. As retail transitions to the weekend mode, the volume of trade is expected to reduce, with chances of few isolated large orders as whales step in. If they don't, BTC could step into the next week within the current low range. With it, Ethereum (ETH) price could follow suit, and for Ripple (XRP), unless something significant happens in the case against the US SEC, the remittance token may continue to mark time pendingMonday August 21updates.

Also Read: Bitcoin Weekly Forecast: More BTC liquidations than during FTX fallout, what's next?

Bitcoin (BTC) price is yet to recover from the 14% slump recorded during the evening hours of the US session. Currently auctioning at $26,036, BTC is below a crucial support level, the ascending trendline, which provided support for months, as indicated in the chart below.

With the Relative Strength Index (RSI) position at 18 and the histograms of the AO flashing red in growing volume, bears remain in the driver's seat. This means that Bitcoin price may still have a long ways to go before securing an uptrend.

One possible fundamental that could have steered Bitcoin price in the right direction is a favorable decision from the US Securities and Exchange Commission (SEC) concerning Grayscale's application for its Bitcoin Trust (GBTC) to be converted into an Exchange Traded Fund (ETF). However, considering the commission has delayed for the second time, the weekend may not record any significant action unless whales step in to take advantage of the weekend tranquility.

BTC/USDT 1-day chart

If sidelined investors and investors come in, Bitcoin price could find a footing to push north. While flipping the $$26,300 and $27,300 levels from resistance back to support would be a good sign, only a decisive candlestick close above the ascending trendline at $28,738 would invalidate the current gloom, with a possible foray to the $30,400 presenting next.

Also Read Bitcoin price dips to the $25,100 range with $820 million long positions liquidated across the market.

Ethereum (ETH) price reflects an almost similar outlook as BTC, indicating a long candlestick for the August 17 trading session and a short one for August 18 as the largest altcoin continues pulling north. This points to a tight correlation between BTC and ETH, with capital overflows from Bitcoin likely to drive Ethereum if the capital does come.

As in the case of BTC, the RSI is at 19, pointing to a weak price strength. The AO histogram bars do not inspire optimism either, pointing to the bears' position in the front row seats. Without a significant catalyst to drive Bitcoin price, ETH holders may remain within the $1,714 to $1,627 range for a while, possibly across the weekend.

ETH/USDT 1-day chart

On the other hand, should Bitcoin price start moving, ETH would easily follow suit, drawing north to breach the $1,813 resistance level. Higher, it could traverse the $1,891 and $1,941 resistance levels, respectively, before an attempt to reclaim the May 6 and mid-July highs above the $2,000 psychological level. A decisive daily candlestick close above this level invalidates the current bearish outlook. It would constitute a 20% flight from the current level.

Also Read: Ethereum Price Forecast: Indication of a 45% crash of bear trap?

Ripple price has been stuck around the $0.5010 level for the better part of the day after pulling back 20% from the August 17 low of $0.4226. While the token also looks to Bitcoin for influence, a lot depends on the ongoing lawsuit between Ripple and the US SEC after the court approved the regulators' request for an interlocutory appeal.

As reported, the SEC wants the Howey Test revisited, with a potential overturning of the Ripple victory on July 13. Just as the partial victory sent XRP north by unprecedented margins, the possibility of an overturn inspires fears. With this, Ripple price could hover around the current level for a while or draw toward the $0.4191 support floor.

The RSI at 23, coupled with the bars of the AO histograms in the negative zone, bolsters the bears' case, indicating a possible slump.

XRP/USDT 1-day chart

Conversely, a resurgence by XRP bulls could send Ripple price north, possibly foraying above the $0.5752 resistance level or higher past the $0.6840 level. In a highly bullish case, XRP could reclaim the $0.8193 resistance level, levels last seen around July.

Also Read:SEC vs Ripple, the legal battle intensifies as XRP holders expect new changes from SEC appeal

It depends on the transaction, according to a court ruling released on July 14:

For institutional investors or over-the-counter sales, XRP is a security.For retail investors who bought the token via programmatic sales on exchanges, on-demand liquidity services and other platforms, XRP is not a security.

The United States Securities & Exchange Commission (SEC) accused Ripple and its executives of raising more than $1.3 billion through an unregistered asset offering of the XRP token.

While the judge ruled that programmatic sales arent considered securities, sales of XRP tokens to institutional investors are indeed investment contracts. In this last case, Ripple did breach the US securities law and will need to keep litigating over the around $729 million it received under written contracts.

The ruling offers a partial win for both Ripple and the SEC, depending on what one looks at.

Ripple gets a big win over the fact that programmatic sales arent considered securities, and this could bode well for the broader crypto sector as most of the assets eyed by the SECs crackdown are handled by decentralized entities that sold their tokens mostly to retail investors via exchange platforms, experts say.

Still, the ruling doesnt help much to answer the key question of what makes a digital asset a security, so it isnt clear yet if this lawsuit will set precedent for other open cases that affect dozens of digital assets. Topics such as which is the right degree of decentralization to avoid the security label or where to draw the line between institutional and programmatic sales are likely to persist.

The SEC has stepped up its enforcement actions toward the blockchain and digital assets industry, filing charges against platforms such as Coinbase or Binance for allegedly violating the US Securities law. The SEC claims that the majority of crypto assets are securities and thus subject to strict regulation.

While defendants can use parts of Ripples ruling in their favor, the SEC can also find reasons in it to keep its current strategy of regulation by enforcement.

The court decision is a partial summary judgment. The ruling can be appealed once a final judgment is issued or if the judge allows it before then. The case is in a pretrial phase, in which both Ripple and the SEC still have the chance to settle.

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bad timing for BTC slump as markets weekend tranquil sets in - FXStreet