Crypto speak: Nuke

“Nuke” means a sudden and strong price correction in the markets. Since cryptocurrencies are very volatile, prices should fall by at least 10% (usually more in most cases) for it to make sense to talk about it in such terms.

📈Crypto_Ocean

📊 The Bitcoin-oriented presidents of El Salvador and Argentina (Nayib Bukele and Javier Milay) are #1 and #3 in Latin America's approval ratings (79% and 46%)

The worst is Nicolás Maduro of Venezuela (4%)

📈Crypto_Ocean

🫨 $140k notebook.

A notepad asking "Buy Bitcoin" that was raised by Christian Langalis during Fed Chair Janet Yellen's 2017 speech is selling (https://scarce.city/auctions/buy-bitcoin) for 2.1 BTC ($140 00) 🤯

This guy knew everything 🧙‍♂️

📈Crypto_Ocean

Hackers stole about $35 million from Atomic Wallet.

Hackers broke into the Atomic Wallet decentralized wallet and stole cryptocurrency worth about $35 million, according to estimates of the on-chain detective ZachXBT.

According to his information, the largest amount stolen from one address was 7.95 million Tether (USDT).

This hack has caused severe damage to users and the wallet’s reputation — especially considering that it is still unclear exactly how the hack happened.

📈Crypto_Ocean

💡💡💡: Tesla $TSLA reveals none of their $711,050,000 worth of 🥇 Bitcoin was sold in Q1 2024.

📈Crypto_Ocean

Crypto speak: Boomer

“Boomer” is a name for the Baby Boomer generation in the United States (born between 1943 and 1962). In a broad sense, using the term “boomer” in a crypto context means something or someone is outdated.

Since the crypto space is developing at breakneck speeds, sometimes even relatively new concepts can be called boomers.

For example, Bitcoin is sometimes derisively called Boomercoin (especially during corrections).

Boomer mentions are often accompanied by memes.

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🌎 Bitcoin is a much more decentralized asset than gold when you evaluate the concentration of their mining locations

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🔎 Simply Bitcoin remind us that halving has made Bitcoin a more scarce and less inflation-prone asset than gold

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Crypto speak: Looks rare

“Looks rare” is an ironic way of saying that your NFT may be valuable (without actually knowing it).

Since the value of most NFTs is determined by their rarity, the one that looks rare and is rare could bring you profit.

Therefore, you can go to social networks and brag about your NFT with the comment “looks rare,” hoping it is true.

By the way, a competitor of the most popular NFT marketplace, OpenSea, called Looks Rare, used this meme to launch its token.

📈Crypto_Ocean

📊Best NFT blockchains by number of users per year

Solana leads the way

Solana and Polygon have more than 1 million users

Ethereum, Bitcoin, Base are also in the top five

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The number of stablcoin holders is approaching the 100 million mark, data shows
The number of addresses that hold Stablecoins has grown by 15% this year, according to the data.

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Crypto speak: Down bad

Someone who says they’re “down bad” means they’ve lost a significant amount because of market volatility.

However, being down bad is not as bad as getting rekt.

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Morgan Creek Capital's CEO predicts baby boomers will invest $300bn in cryptocurrencies within a year due to Bitcoin ETFs, potentially raising the market cap to $6tn.

📈Crypto_Ocean

📱The WhatsApp application is adding the feature of allowing files to be shared between users without the need for the Internet.

⬤ It will ask multiple connection owners to access networks and wireless networks as well.

⬤ Used experimentally like popular file apps like Zapya, ShareIt, etc.

📈Crypto_Ocean

Crypto speak: Hfsp

“Hfsp” stands for “have fun staying poor” and is a way to make fun of those who do not invest in cryptocurrencies.

Sometimes it is perceived as an arrogant appeal to those who do not yet own crypto.

📈Crypto_Ocean

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.

📈Crypto_Ocean

📊 Bitcoin has hit an all-time high for the number of transactions conducted in a day - 927,010!

This significantly exceeds the previous high of 724,000 set in December 2023. This surge is due to the launch of the Runes protocol

📈Crypto_Ocean

Crypto speak: Can devs do something?

“Can devs do something?” is an ironic reaction to a price crash. Presumably, at first, the question arose without ironic overtones — perhaps an inexperienced investor really believed that the developers could somehow influence the coin’s price.

But these days, the question has become a meme.

Example: “Can devs do something about these prices?”

📈Crypto_Ocean

💡💡💡: Buy Bitcoin sign shown behind Janet Yellen at a congressional testimony in 2017 sells for $1 Million at auction.

📈Crypto_Ocean