🇺🇸 SAYLOR: 💰 “99% of Bitcoin will be mined by January 2, 2035.”

We’re currently at 94% with about 1.2 million supply left to be mined

JUST IN: 🇺🇸 World’s largest futures exchange CME Group announced that its 💰 #Bitcoin Friday futures have launched and are available for trading 🔥

🔥 BREAKING: Solana💰 based trading bot #Photon flipped #pumpdotfun in yearly revenue.

Photon Revenue: $117.68M

Pump Revenue: $116.45M

🥸The European Union decided to impose customs duties of up to 45% on Chinese electric cars.

Before that, America and Canada imposed 100% customs.

The main reason for this is the West's desire to curb China's growth and development in this particular industry, and to protect America's spoiled son, Tesla.

Same thing they did with Huawei to protect Apple.

Why do I need diversification?

Asset diversification is an investment strategy in which you allocate your assets in various areas to minimize the risk of loss.

If one of your coins in your portfolio starts to fall, your portfolio can remain stable (or even show profits) at the expense of other coins.

In crypto, diversification is crucial.

Since digital assets are extremely volatile, investing in just one coin can cause huge losses.

Moreover, it is recommended to diversify even stablecoins—just in case one of them suddenly collapses—you don’t lose all your money.

Binance delists Tornado Cash and Waves

Binance will delist a number of cryptocurrencies including Tornado Cash (TORN), NEM (XEM), Waves (WAVES) and automatically convert them to USDC.

Users will be able to withdraw affected tokens until October 28, 2024.

Cardi B promotes WAP memcoin

Cardi B's official X account published a video promoting the WAP memtoken, presumably named after her song.

Despite suspicions that the account has been compromised, the promotional post about the WAP token is still on Cardi B's page, even hours after it was published.

🗓 Uptober is still on

CryptoQuant analysts reminded that over the past 6.5 months, the maximum average Bitcoin drop was 10% (excluding August, when the price fell by 22%).

🔽The current drop is 7%.

"Just because Uptober started off poorly doesn’t mean it will end the same way."

Additionally, growth traditionally begins in the second half of the month—starting from the 19th.

U.S. inflation numbers are out:

⚫️ CPI: 2.4% YoY, 0.2% MoM
⚫️ Expected: 2.3% YoY, 0.2% MoM

Slightly higher than forecasted—keep an eye on how this might impact the markets! #Inflation #CPI #Finance

What do I do if I lose a seed phrase?

It’s a common yet critical question. After losing a recovery phrase, people panic and don’t know what to do next.

We can suggest two things:

1. Any noncustodial wallet you are authorized to use has a backup function: You can find it in the settings, and the wallet will show you the seed phrase.
2. If you don’t know where the piece of paper on which you wrote the seed phrase is, it’s best to withdraw all your crypto to a newly created wallet and keep those 12 sacred words more carefully from that moment on. If you’re sure it is destroyed (for example, it was eaten by your cat or mangled by your child), then it’s okay. Just restore it directly in your wallet and continue using this address.

But if you’re logged out of your wallet and have no idea where you’ve placed your piece of paper, that’s when you have serious problems😬

✅Cryptocurrencies look to offer several benefits over traditional money.

➡️These include:

➡️Speed: With cryptocurrencies, sending money – or value – across regions or continents happens in a few minutes. This trumps traditional cash, which takes hours to days in some cases.

➡️Security: Cryptocurrencies run on blockchains, which are distributed and decentralized. Since they are not centralized, there’s no single point of failure. This makes the blockchain harder to corrupt or hack.

➡️Censorship-resistant: Anyone can use cryptocurrencies. They offer users financial freedom. No government or central authority can censor or reverse a transaction once it’s completed

Scroll was listed on the Binance premarket

The token has been trading in the range of $1.05 to $1.20 for almost the entire time since listing. At the time of writing, the value of the asset is approximately $1.15, with a capitalization of $1.15 billion.