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19 июня 2023 21:42

Crypto scam: Trading bots and “multipliers”

Often, various persons offer to buy “trading robots” or bots that “know how to bring a stable profit” of 100%–500% per month.

Also, some projects offer to send a random amount of crypto to a certain address (for example, 10 USDT) with the promise to “multiply” it by several times — e.g., to return as much as 100 USDT instead of 10 USDT.

There are trading bots, but they are used for specific tasks: large investment funds, market makers, and trading companies. The prices of such bots are measured in millions. They are not universal, and no one exactly sells them in the public domain.

Therefore, never trust promises of quick and easy profits.

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19 июня 2023 15:50

HOLD YOUR 💰 BITCOIN IN COLD STORAGE

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19 июня 2023 14:25

Is Ethereum headed for failure?! 📊
ㅤ
The article Vitalik published on his platform, is an interesting read. But let's not panic, he always brings a share of humor to his predictions.

🔴Vitalik believes that Ethereum's success will depend on three technological "transitions" that, should happen simultaneously:

1️⃣ Transition to L2 scaling
2️⃣ Transition to wallet security
3️⃣ Transition to privacy

Ethereum fails:
🟠Without the first one, because the transaction costs crazy money.
🟠Without the second, because users aren't comfortable keeping their funds and everyone is switching to CEX.
🟠Without the third, because public access to all transactions for everyone is too much of a privacy sacrifice.

Achieving all goals would be "challenging" because of the close connection between them. Because each transition weakens the "one user, one address" model.

🔴Privacy requires each user to have even more addresses. If Vitalik manages to implement "hidden addresses" it will be a new step into the world of decentralization and anonymity.

🔴What's the bottom line?
The narrative of L2 solutions is popping up more and more in the words of cryptans. So the idea of abooting retrodrops, in anticipation of gifs, sounds good.

Put 👍 - support Vitalik.

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19 июня 2023 08:22

💰 New research finds Bitcoin mining is the most sustainable sector of the economy!

Percentage of sustainable energy:

- Bitcoin: 52.6%
- Banking: 39.2%
- Industrial: 32%
- Agriculture: 19%
- Gold: 12.8%
- Iron & Steel: 9.8%
- Zinc: 1%

Source

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18 июня 2023 09:52

📊 This is the first halving era of bitcoin, when its stock on exchanges decreased daily by 641 BTC💰 on average.

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16 июня 2023 21:58

⚡️Has BlackRock Found The Magic Formula For SEC Approval?

They have included a surveillance-sharing agreement in the application, which helps eliminate the risk of market manipulation related to Bitcoin 

👉🏻 Their record of getting ETFs approved is 575-1 ❗️

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16 июня 2023 16:15

Tether lost its $1 peg 💲
⠀
Tether lost its $1 peg yesterday morning. Let's look into why this is the case:

➡️ Tether - USDT became worth less than $1 as the 3Pool Curve became severely unbalanced.
The ideal Curve 3Pool balance should be 33.33% for each of the three stabelcoins - USDT, USDC and DAI, but the USDT balance has increased to over 70%. This means that traders are selling a lot of USDT for DAI or USDC, causing USDT to deppeg to $0.997.

➡️  "All the recent news is pushing large groups to exit the crypto markets. Tether is a conduit for liquidity, inbound and outbound. So when interest in cryptocurrency rises, we see inflows; when sentiment in the crypto market is negative, we see outflows. We also can't rule out a direct attack on Tether, as we saw in 2022" -  said Tether's CTO.

↪️ The Curve 3Pool last became unbalanced in March when the USDC and DAI balance increased to over 45% each. It also became unbalanced in November when the FTX crypto exchange went bankrupt.
A similar imbalance was seen after the collapse of the Terra ecosystem in May 2022, which also saw USDT temporarily depreciate.

⚫️Ardoino stated that Tether is ready as always and they will buy back any amount.

❔ Do you share which stabelcoins you store your funds in?

❤️ - USDT
🔥 - Other

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16 июня 2023 15:23

❗️List of coins ($215 million), which Celsius Network will convert to $BTC and $ETH starting July 1.

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15 июня 2023 21:17

BlackRock Close to Filing for Bitcoin ETF Application

BlackRock, the world's biggest asset manager, is close to filing an application for a Bitcoin ETF (exchange traded fund).

BlackRock began working with Coinbase to make crypto directly available to institutional investors midway through last year.

Source

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15 июня 2023 08:06

🇰🇪 Kenya's President calls for African nations to ditch the US dollar for trade settlements.

Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus on moving goods and services.

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12 июня 2023 19:52

🇺🇸 US Congressman files legislation to FIRE the Chairman of the SEC, saying "U.S. capital markets must be protected from a tyrannical Chairman".

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12 июня 2023 17:59

Crypto speak: IYKYK

Yes, it’s a rather complicated abbreviation. “IYKYK” is short for “if you know, you know.” The expression indicates that insiders know something valuable, but it’s used quite widely: either when a person has valuable information about a project or something similar or with irony if a person shares well-known information.

Example:

We see the tweet, “A new updated WhiteList for DeFi project XYZ has been released. IYKYK.”

This means that people who know what a WhiteList is in DeFi and what the XYZ project is will understand the importance of this news. However, those unfamiliar with these terms or the project will probably not understand what this is about.

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12 июня 2023 08:16

📊 Week Ahead:

This week, the US🇺🇸 , Europe 🇬🇧 , and Japan 🇯🇵 will all announce central bank interest rate decisions.

CME expects a 75% probability that the Fed will not raise interest rates on June 14, and a 24% probability that it will raise 25bps.

In addition, the US CPI for May will be announced this week before the #FOMC.

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11 июня 2023 16:51

❗️ Former SEC Chief warns: "Get out of crypto platforms now" in a recent statement.

Stark tweeted that despite what individuals tell users, "crypto trading platforms are high-risk, perilous and inherently unsafe." He added that the current situation is likely only the beginning of a regulatory siege of "Crypto trading platforms."

👉🏻 Will Crypto survive the regulatory attack? 👀

YES - 👍
NO - 👎

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11 июня 2023 00:10

🥇 Bitcoin billionaire Mark Cuban says the SEC are the biggest hypocrites, following SEC's lawsuit against Coinbase & Binance.

👉🏻 Do you agree with Mark?

YES - 👍
NO - 👎

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19 июня 2023 21:23

🥇 BRICS Alliance consider Bitcoin as an alternative to US Dollar.

the five BRICS countries together contribute nearly 31.5% of the global GDP, compared to only 24.15% by the US.

👉🏻 This is a game changer for crypto❗️

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19 июня 2023 14:32

🥇 Fidelity Investments is preparing to apply for a Bitcoin ETF and submit an offer to acquire Grayscale.

Rumor has it that Fidelity Investments is following in BlackRock's footsteps, allegedly preparing a spot Bitcoin ETF filing with the SEC.

The financial titan is also reportedly eyeing a potential acquisition of Grayscale.

Blackrock and Fidelity will own the crypto space in the US

👉🏻 Yet to be confirmed, but bullish if true 🚀

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19 июня 2023 08:37

Vitalik Buterin has posted a new article "The Three Transitions" 🔤
ㅤ
In it he highlighted three important aspects:

1️⃣ L2 expansion is vital for Ethereum scalability. With the manifestation of Optimistic Rollup and Zero Knowledge-Rollup solutions, which help reduce transaction costs, most activity is still happening on the core network, which means we need to push development and scalability to L2. Otherwise, the Ethereum network could suffer from increased transaction fees, especially during bull market periods.

2️⃣ Wallet security needs to be improved to increase user trust. For security reasons, users may stop keeping their funds on the Ethereum network and will go to CEXs, which is very bad for DEXs.

3️⃣ Increased privacy is necessary for further Ethereum adoption, both for standard funds transfer and for its other applications. He noted that public transactions "are too expensive for users, so everyone is moving to centralized solutions that hide personal data to at least some degree." To combat this, Buterin suggested introducing hidden-address protocols to increase privacy.

Original article here ⬅️

❔ Are you following Vitalik Buterin's activities?

👍 - Yes
👎 - No

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18 июня 2023 17:54

💰 How it started vs How it's going...

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17 июня 2023 08:01

Race chart of relative Bitcoin search traffic.

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16 июня 2023 21:44

🇳🇱🟠 Binance shuts down operations in Netherlands.

Binance, the world’s largest cryptocurrency exchange, is leaving the Netherlands, after failing persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines.

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16 июня 2023 15:27

💰 The reason why it takes time for BTC to enter a bull market

"Looking at the Geographical Supply Distribution by Entities, you can see that the holdings of US institutions have been declining since April 2021."

Although various onchain cycle indicators show that it has already exited the oversold phase and is in the recovery phase, it seems that it will take some more time to reach the bull market phase. The reason is that the BTC holdings of whale investors are not increasing.

Source

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16 июня 2023 08:46

BlackRock's iShares Files Paperwork for Spot Bitcoin ETF.

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15 июня 2023 16:22

What are token listings and delistings on exchanges?👻

It’s straightforward.

A “listing” is the launch of a particular cryptocurrency in a specific crypto platform.

Imagine that there is a cryptocurrency LEARNCRYPTO. Any crypto exchange—e.g., Binance—can list it, making it available to buy and sell.

If LEARNCRYPTO was not on Binance yesterday but it’s available today, it means that Binance has listed LEARNCRYPTO.

Many newcomers think that crypto exchanges have “all” cryptocurrencies listed. However, that’s not how it works. The higher the rank and authority of the exchange and the more users it has, the more carefully the platform approaches coin listings to avoid listing fraudulent or frankly unreliable projects. (Although, exchanges seem to have a good time listing memecoins!)

Meanwhile, “delisting” is the removal of a coin from an exchange. It can happen for various reasons—e.g., the token has ceased to meet the exchange’s standards or has problems with regulators (or the project has tanked, which also happens).

By the way, getting listed on Binance, the world’s largest crypto exchange, is regarded as a sign of prestige in the crypto world—and it’s not easy to land your coin on the exchange.

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13 июня 2023 15:49

⚠️ BREAKING:

U.S. consumer price inflation rises 4% in may, lowest since march 2021

U.S. core CPI rises 5.3% in may, lowest since november 2021

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12 июня 2023 18:16

🇨🇳🇷🇺China and Russia likely to legalize Bitcoin and crypto business soon.

While the SEC and USA fight a war against crypto, Russia and China are working closely to adopt it.

Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing new financial instruments facilitating bilateral trade in their national fiats.

👉🏻 Do you believe China and Russia will overtake the U.S. in crypto adoption? 🥇

YES - 👍
NO - 👎

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12 июня 2023 17:10

⚡️Number of SEC enforcement actions related to crypto

The SEC has taken at least 17 cryptocurrency-related enforcement actions since the FTX bankruptcy

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11 июня 2023 19:38

🇺🇸 U.S. economic data this week:

➖ CPI inflation (tues.)
➖ PPI inflation (wed.)
➖ FED rate decision (wed.)
➖ Retail sales (thurs.)
➖ Jobless claims (thurs.)
➖NY manufacturing index (thurs.)
➖ Philly manufacturing index (thurs.)
➖ Consumer sentiment (fri.)

👉🏻 What’s your prediction for this week’s U.S. CPI inflation report?

4.9% previous (april)
4.1% expected (may)

tuesday 8:30AM ET

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11 июня 2023 13:10

What the history of NFT on Ethereum teaches us. NFT on BTC ⛓
ㅤ
We have seen, the history of the NFT market development and how it happened on ETH and other blockchains like SOL and Canto. Now it's BTC's turn... What does history teach us and what is in store for us with ordinals? 📊

➡️ If a project's main advantage is its platform, it will fade over time as attention shifts to new projects and platforms. Any NFT bought solely because it is on a "hype" blockchain will end up rekt.

➡️ Ordinals in general have a lot of potential, but most collections do not have their own uniqueness. You might think that all ordinal collections today would be valuable because they are "early". However, there is little demand for most early NFTs.

↪️ People value relevance 100 times more than historical value.
Just look at the chart of early NFT projects and see how many of them you know. Valuable projects like Cryptopunks and Autoglyphs are exceptions. They were also notable technical innovations.

➡️ The ability to attract attention is the only thing that matters. "Early" and "technologically innovative" are the real agendas that draw attention to some ordinal projects, and they will raise their value to the sky. Outside of that, the money flows where the noise is created.

For example, $PEPE took off because there were 80k owners who benefited from promoting it.

Ordinals tend to be projects with hundreds of holders and they can't compete in a war for attention with other NFT projects that have thousands of holders.

❔ Do you believe that NFT on BTC will be able to overtake ETH in terms of the number of holders?

👍 - Yes
👎 - No

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10 июня 2023 19:51

Crypto speak: Funds are safu

“Funds are safu” is a popular crypto meme symbolizing the safety of funds in any project. The expression supposedly originated thanks to the Binance Secure Asset Fund for Users (SAFU), which insures traders.

In the midst of a crypto crisis, if you hold reliable assets, you can safely write “funds are safu!”

And it’s also a playful reference to the Asian pronunciation of the word safe.

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