Generational transfer of wealth is beginning. Institutions are stuck on traditional finance while a flood of liquidity is coming into the Digital Asset Ecosystem (DAE)
πΉπΉ
ππΌ @TgBitcoin
πΉπΉ
ππΌ @TgBitcoin
BREAKING: Facebook and Instagram to allow users to create, display and sell NFTs
Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, as well as working on a prototype to help users create β or mint β the collectible tokens, according to several people familiar with the matter.
Meta has also discussed launching a marketplace for users to buy and sell NFTs β essentially a digital asset representing art or imagery that cannot be replicated.
π
β‘οΈ
ππΌ @TgBitcoin
Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, as well as working on a prototype to help users create β or mint β the collectible tokens, according to several people familiar with the matter.
Meta has also discussed launching a marketplace for users to buy and sell NFTs β essentially a digital asset representing art or imagery that cannot be replicated.
π
β‘οΈ
ππΌ @TgBitcoin
Guys, are there millionaires among you?
If so, take a chance!
Extra rare black diamond of 555 carats will be sold at Sotheby's.
Estimated value of $12.3 million.
BTC, ETH, USDT are accepted for payment.
π @TgBitcoin
If so, take a chance!
Extra rare black diamond of 555 carats will be sold at Sotheby's.
Estimated value of $12.3 million.
BTC, ETH, USDT are accepted for payment.
π @TgBitcoin
Bank of Russia Calls for Full Ban on Crypto
Russia's central bank suggests making crypto trading, mining, and usage illegal.
π
β‘οΈ
ππΌ @TgBitcoin
Russia's central bank suggests making crypto trading, mining, and usage illegal.
π
β‘οΈ
ππΌ @TgBitcoin
Nuvei's cryptocurrency debit card to be launched with Visa
The new cards launch is expected to simplify the process of switching from fiat currency to cryptocurrency so that users can spend their funds from cryptocurrency revenues.
Philip Fayer, Nuvei's chairman and CEO, said the card launch is a significant development for both companies.
"Awareness of cryptocurrencies has increased significantly amongst consumers across Europe, resulting in increased adoption...
We are excited to be part of this, and by deepening our relationship with Nuvei further, we are delighted to provide consumers with a simple and secure way to spend their crypto," said Nicola Plecas, director of cryptocurrency solutions at Visa Europe.
So, we're looking forward to buying crypto in 2 clicks and paying in stores with Stablecoins, or the coins of the supermarkets themselves, as Walmart is keen to do.
π @TgBitcoin
The new cards launch is expected to simplify the process of switching from fiat currency to cryptocurrency so that users can spend their funds from cryptocurrency revenues.
Philip Fayer, Nuvei's chairman and CEO, said the card launch is a significant development for both companies.
"Awareness of cryptocurrencies has increased significantly amongst consumers across Europe, resulting in increased adoption...
We are excited to be part of this, and by deepening our relationship with Nuvei further, we are delighted to provide consumers with a simple and secure way to spend their crypto," said Nicola Plecas, director of cryptocurrency solutions at Visa Europe.
So, we're looking forward to buying crypto in 2 clicks and paying in stores with Stablecoins, or the coins of the supermarkets themselves, as Walmart is keen to do.
π @TgBitcoin
Charles Schwab CEO: Crypto is significant, hard to ignore and we want to offer it to our clients.
π¨ They manage $7.5 trillion π¨
Lack of regulatory clarity in crypto is one of the reasons why the $7 trillion manager hasn't yet offered it to its clients.
π
β‘οΈ
ππΌ @TgBitcoin
π¨ They manage $7.5 trillion π¨
Lack of regulatory clarity in crypto is one of the reasons why the $7 trillion manager hasn't yet offered it to its clients.
π
β‘οΈ
ππΌ @TgBitcoin
This media is not supported in your browser
VIEW IN TELEGRAM
Twitter begins rolling out access to NFT profile pictures π
πΈ Twitterβs long-awaited integration of non-fungible token (NFT) profile pictures has begun to arrive.
πΈInitial access appears to be limited to iOS users, specifically those using the subscription-based Twitter Blue service.
π
β‘οΈ
ππΌ @TgBitcoin
πΈ Twitterβs long-awaited integration of non-fungible token (NFT) profile pictures has begun to arrive.
πΈInitial access appears to be limited to iOS users, specifically those using the subscription-based Twitter Blue service.
π
β‘οΈ
ππΌ @TgBitcoin
Ethereum Moved More Values than Visa and Bitcoin in 2021
One of the simplest and major use cases of a blockchain is the ability to transfer assets, and Ethereum (ETH) has continued to top the list since surpassing Bitcoin (BTC) in mid-2020.
Ethereum moved approximately $11.6 trillion, beating the payment giant Visa that managed to move $10.4 trillion within the same period. While Bitcoin moved just $4.6 trillion.
π
β‘οΈ
ππΌ @TgBitcoin
One of the simplest and major use cases of a blockchain is the ability to transfer assets, and Ethereum (ETH) has continued to top the list since surpassing Bitcoin (BTC) in mid-2020.
Ethereum moved approximately $11.6 trillion, beating the payment giant Visa that managed to move $10.4 trillion within the same period. While Bitcoin moved just $4.6 trillion.
π
β‘οΈ
ππΌ @TgBitcoin
πCrypto Markets Dump $230 Billion in Massive Red Friday Selloff
The crypto βfear and greedβ index has plunged to an βextreme fearβ level of 19 as market sentiment turns increasingly bearish.
π
β‘οΈ
ππΌ @TgBitcoin
The crypto βfear and greedβ index has plunged to an βextreme fearβ level of 19 as market sentiment turns increasingly bearish.
π
β‘οΈ
ππΌ @TgBitcoin
Latin Americaβs largest e-commerce firm has invested in Brazilβs largest Bitcoin crypto exchange
The company acquired shares of 2TM Participacoes SA, the Softbank Group Corp.-backed owner of the biggest cryptocurrency brokerage based out of Brazil, MercadoBitcoin.
π
β‘οΈ
ππΌ @TgBitcoin
The company acquired shares of 2TM Participacoes SA, the Softbank Group Corp.-backed owner of the biggest cryptocurrency brokerage based out of Brazil, MercadoBitcoin.
π
β‘οΈ
ππΌ @TgBitcoin
Bitcoin has bounced strongly the last 4 times when the Mayer Multiple has dipped this low. See green line below.
Might dip a bit below the green line before the rip but getting closer each day.
Stay strong! βππ€
π
β‘οΈ
ππΌ @TgBitcoin
Might dip a bit below the green line before the rip but getting closer each day.
Stay strong! βππ€
π
β‘οΈ
ππΌ @TgBitcoin
Hi everyone, crypto-punks!
It's not for nothing that I asked if you are familiar with Web 3.0.
After all, we keep hearing from all over, metaverses, decentralized platforms and applications, NFT and so on.
Seems to me that the convergence of all of this points to the emergence of the long-awaited Web 3.0. And what is it, I'm gonna describe in a series of two posts.
π @TgBitcoin
It's not for nothing that I asked if you are familiar with Web 3.0.
After all, we keep hearing from all over, metaverses, decentralized platforms and applications, NFT and so on.
Seems to me that the convergence of all of this points to the emergence of the long-awaited Web 3.0. And what is it, I'm gonna describe in a series of two posts.
π @TgBitcoin
Web3
Part 1
That's the next step in the evolution of the Internet.
It started with Web1, presented by Netscape and AOL, then came Web2, which is where we are today.
Google andFacebook Meta dominate it ( as you guessed it).
Yet with the advent of Web3, users alone can control their data, excluding intermediaries - that is decentralization.
The main catalyst is the emergence of "play and earn" games in which users play exchange their earnings for NFT to raise money.
Such games already exist now, and they're increasingly in demand.
Like Axie Infinity, where more than 2 million active players participate.
π @TgBitcoin
Part 1
That's the next step in the evolution of the Internet.
It started with Web1, presented by Netscape and AOL, then came Web2, which is where we are today.
Google and
Yet with the advent of Web3, users alone can control their data, excluding intermediaries - that is decentralization.
The main catalyst is the emergence of "play and earn" games in which users play exchange their earnings for NFT to raise money.
Such games already exist now, and they're increasingly in demand.
Like Axie Infinity, where more than 2 million active players participate.
π @TgBitcoin
BREAKING: BlackRock, the world's largest asset manager ($10 trillion AUM) has filed a Blockchain ETF
β‘οΈ
ππΌ @TgBitcoin
β‘οΈ
ππΌ @TgBitcoin
Bitcoin Mayer Multiple, which is one of my absolute favourite metrics, has fallen to 0.75.
Historically speaking, MM values this low have only ever occurred for 15% of Bitcoin's life.
That means 85% probability of oversold.
Keep it simple.
π
β‘οΈ
ππΌ @TgBitcoin
Historically speaking, MM values this low have only ever occurred for 15% of Bitcoin's life.
That means 85% probability of oversold.
Keep it simple.
π
β‘οΈ
ππΌ @TgBitcoin
The biggest security breaches of 2021
According to on-chain analytics firm Chainalysis, the volume of criminal cryptocurrency transactions in 2021 peaked at a new all-time high β $14 billion. However, despite the rise in criminal transfer volume, its relative share to the entire cryptocurrency transaction volume of 2021 was the lowest of all time.
1. Poly Network β $611 million
2. Bitmart β $196 million
3. Cream Finance β $130 million
π
β‘οΈ
ππΌ @TgBitcoin
According to on-chain analytics firm Chainalysis, the volume of criminal cryptocurrency transactions in 2021 peaked at a new all-time high β $14 billion. However, despite the rise in criminal transfer volume, its relative share to the entire cryptocurrency transaction volume of 2021 was the lowest of all time.
1. Poly Network β $611 million
2. Bitmart β $196 million
3. Cream Finance β $130 million
π
β‘οΈ
ππΌ @TgBitcoin
π BTC price falls to $34K as Bitcoin RSI reaches most 'oversold' since March 2020 crash
In March 2020 BTC/USD crashed to $3,600 before staging a comeback that would last well into the following year.
Daily RSI stood at just 20 Saturday, already well below even the classic "oversold" zone.
π
β‘οΈ
ππΌ @TgBitcoin
In March 2020 BTC/USD crashed to $3,600 before staging a comeback that would last well into the following year.
Daily RSI stood at just 20 Saturday, already well below even the classic "oversold" zone.
π
β‘οΈ
ππΌ @TgBitcoin
Bitcoin Has Lost Half Its Value Since Hitting Record High
Bitcoinβs has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the crypto market cap.
With the Federal Reserveβs intentions on reining in inflation rocking both cryptocurrencies and stocks, a dominant theme has emerged in the digital-asset space: cryptos have moved in the same way as equities and many other risk assets.
π
β‘οΈ
ππΌ @TgBitcoin
Bitcoinβs has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the crypto market cap.
With the Federal Reserveβs intentions on reining in inflation rocking both cryptocurrencies and stocks, a dominant theme has emerged in the digital-asset space: cryptos have moved in the same way as equities and many other risk assets.
π
β‘οΈ
ππΌ @TgBitcoin
JPMorgan stated Ethereum is losing market share in NFT to Solana
ETH's dominance in NFT is falling due to congestion and high gas fees.
In early 2021, ETH's share of the non-interchangeable token market fell from 95% to 80%.
The report also said that since NFT is the fastest growing industry in the crypto ecosystem, Ethereum's share of that market is more relevant than that of decentralized finance.
The bank previously warned Ethereum's dominance in DeFi is in jeopardy, adding that if it keeps losing share of the NFT market it could be a serious problem for its valuation.
In short, other networks are much more efficient, faster, and trivially cheaper.
It seems to me large amount of transactions will stick there, and the rest will be distributed not only in SOL network but also in other networks.
π @TgBitcoin
ETH's dominance in NFT is falling due to congestion and high gas fees.
In early 2021, ETH's share of the non-interchangeable token market fell from 95% to 80%.
The report also said that since NFT is the fastest growing industry in the crypto ecosystem, Ethereum's share of that market is more relevant than that of decentralized finance.
The bank previously warned Ethereum's dominance in DeFi is in jeopardy, adding that if it keeps losing share of the NFT market it could be a serious problem for its valuation.
In short, other networks are much more efficient, faster, and trivially cheaper.
It seems to me large amount of transactions will stick there, and the rest will be distributed not only in SOL network but also in other networks.
π @TgBitcoin
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume.
π
β‘οΈ
ππΌ @TgBitcoin
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume.
π
β‘οΈ
ππΌ @TgBitcoin