Kamala Harris has spoken about cryptocurrencies for the first time as a candidate for U.S. president.
Uniswap Labs CEO Hayden Adams described this move as a positive signal. 👍
🗣 Kamala Harris stated that if elected president, she intends to 'will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.'
Uniswap Labs CEO Hayden Adams described this move as a positive signal. 👍
🗣 Kamala Harris stated that if elected president, she intends to 'will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.'
👍17👎2😎2❤1🔥1
BTC ETF vs. Gold ETF 🧐
Eric Balchunas compared the inflow into BTC ETFs with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months, BTC ETFs have attracted $17.7 billion, representing 5% of BTC's market capitalization.
In comparison, Gold ETFs account for only 1% of gold's market cap. 👀
Gold took 22 years to reach this level, while BTC achieved it in just 9 months. 🚀
But let's be real—gold has a much bigger market cap. For now 😉.
Eric Balchunas compared the inflow into BTC ETFs with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months, BTC ETFs have attracted $17.7 billion, representing 5% of BTC's market capitalization.
In comparison, Gold ETFs account for only 1% of gold's market cap. 👀
Gold took 22 years to reach this level, while BTC achieved it in just 9 months. 🚀
But let's be real—gold has a much bigger market cap. For now 😉.
👍27❤1🥰1
🇺🇸 U.S. mining pools are increasingly taking a slice of the hash rate from their Chinese counterparts, but China still holds up to 55% of the total computing power in the Bitcoin network. 💻
👀 Notably, American pools mainly cater to institutional miners, whereas Chinese pools tend to support smaller miners across Asia.
👀 Notably, American pools mainly cater to institutional miners, whereas Chinese pools tend to support smaller miners across Asia.
👍18
🔍 Ethereum Foundation Sells 200 ETH
The organization recently sold 200 ETH for 527,989 DAI through two transactions, raising the total sales for September to 1,150 ETH ($2.8 million).
I guess someone has to cover Vitalik's salary, especially since he’s not keen on selling his own ETH. 😁
The organization recently sold 200 ETH for 527,989 DAI through two transactions, raising the total sales for September to 1,150 ETH ($2.8 million).
I guess someone has to cover Vitalik's salary, especially since he’s not keen on selling his own ETH. 😁
👍19
Crypto soothsayer
🔍 Ethereum Foundation Sells 200 ETH The organization recently sold 200 ETH for 527,989 DAI through two transactions, raising the total sales for September to 1,150 ETH ($2.8 million). I guess someone has to cover Vitalik's salary, especially since he’s not…
🐳 Whale Sell-Offs Raise Concerns for Ethereum 🚨
📈 Ethereum's price has risen over 2% in the last 24 hours, but ongoing sell-offs by major wallets are stirring worries about potential panic selling among retail investors.
Key highlights:
▪️Major wallets, including an Ethereum ICO participant and Genesis, moved a total of 8,510 ETH (around $21.9 million) to centralized exchanges.
▪️ The ICO whale transferred 3,510 ETH to Kraken after a three-month hiatus, still holding 136,000 ETH across multiple wallets.
▪️Genesis transferred 5,000 ETH to FalconX as part of its bankruptcy repayment plan.
👀 Additionally, the Ethereum Foundation sold 100 ETH, increasing its total sales to 3,566 ETH since January 2024, amounting to nearly $9.94 million. 🤔
📈 Ethereum's price has risen over 2% in the last 24 hours, but ongoing sell-offs by major wallets are stirring worries about potential panic selling among retail investors.
Key highlights:
▪️Major wallets, including an Ethereum ICO participant and Genesis, moved a total of 8,510 ETH (around $21.9 million) to centralized exchanges.
▪️ The ICO whale transferred 3,510 ETH to Kraken after a three-month hiatus, still holding 136,000 ETH across multiple wallets.
▪️Genesis transferred 5,000 ETH to FalconX as part of its bankruptcy repayment plan.
👀 Additionally, the Ethereum Foundation sold 100 ETH, increasing its total sales to 3,566 ETH since January 2024, amounting to nearly $9.94 million. 🤔
👍25❤2
🚀 Altseason is coming! 🤗
Bitcoin's dominance is approaching the apex of a wedge formation. 🧐
A downward breakout could lower its share from 57% to 47%, potentially triggering an altseason as liquidity flows into various altcoins 📈
This forecast doesn't predict a drop in BTC; in fact, it's expected to rise above $70k and hold that level! 💪
Get ready for some exciting times ahead in the crypto market!
Bitcoin's dominance is approaching the apex of a wedge formation. 🧐
A downward breakout could lower its share from 57% to 47%, potentially triggering an altseason as liquidity flows into various altcoins 📈
This forecast doesn't predict a drop in BTC; in fact, it's expected to rise above $70k and hold that level! 💪
Get ready for some exciting times ahead in the crypto market!
👍13
Crypto soothsayer
MicroStrategy's stock leads the top 10 most profitable securities since August 20, 2020 (the start of MicroStrategy's Bitcoin strategy), surpassing even NVIDIA. 🚀 Clearly, in commercial terms, MSTR is not doing more than NVIDIA. Therefore, such success can…
MicroStrategy has made 40 BTC purchases over the past four years, investing close to $10 billion. 💵
The unrealized profit from this position is over $6 billion. 🙀
Here’s everything you need to know about perfect dollar-cost averaging! 💪
The unrealized profit from this position is over $6 billion. 🙀
Here’s everything you need to know about perfect dollar-cost averaging! 💪
👍39❤2👏2🥰1
Polymarket plans to launch its own token!
Polymarket, the blockchain-based predictions platform, is looking to raise an additional $50 million as it eyes a potential token launch! 🚀
😎 Investors in this round will receive token warrants, allowing them to purchase tokens if Polymarket decides to move forward with the launch.
💰 After raising $70 million earlier this year—$25 million in a Series A and $45 million in Series B, with backing from notable names like Vitalik Buterin—Polymarket has seen a surge in trading volume, especially fueled by U.S. election betting, which topped $1 billion.
👀 While it’s still unclear what utility these new tokens might offer, speculation is high in the community. Traders are even adjusting their strategies to maximize potential rewards, anticipating a possible airdrop. 🤑📈
Polymarket, the blockchain-based predictions platform, is looking to raise an additional $50 million as it eyes a potential token launch! 🚀
😎 Investors in this round will receive token warrants, allowing them to purchase tokens if Polymarket decides to move forward with the launch.
💰 After raising $70 million earlier this year—$25 million in a Series A and $45 million in Series B, with backing from notable names like Vitalik Buterin—Polymarket has seen a surge in trading volume, especially fueled by U.S. election betting, which topped $1 billion.
👀 While it’s still unclear what utility these new tokens might offer, speculation is high in the community. Traders are even adjusting their strategies to maximize potential rewards, anticipating a possible airdrop. 🤑📈
👍25❤3🥱3
⚠️ Binance User Data Probably Stolen!
👀 There are suspicions that data from approximately 12.8 million Binance users has been stolen and disclosed on a dark web forum.
The stolen data includes emails, phone numbers, residential addresses, names, and dates of birth. 🙀
The hacker is selling this information and asking interested buyers to contact him on Telegram. 😬
But clearly, he forgot that Telegram is already under the watchful eye of French intelligence agencies, as Durov himself reported yesterday that "IP addresses and phone numbers of those who violate our rules can be disclosed to relevant authorities in response to valid legal requests." 😁
Representatives of Binance have denied the existence of a leak.
👀 There are suspicions that data from approximately 12.8 million Binance users has been stolen and disclosed on a dark web forum.
The stolen data includes emails, phone numbers, residential addresses, names, and dates of birth. 🙀
The hacker is selling this information and asking interested buyers to contact him on Telegram. 😬
But clearly, he forgot that Telegram is already under the watchful eye of French intelligence agencies, as Durov himself reported yesterday that "IP addresses and phone numbers of those who violate our rules can be disclosed to relevant authorities in response to valid legal requests." 😁
Representatives of Binance have denied the existence of a leak.
🤯18👍10
Developers Discover Method to De-anonymize Ethereum Validators 🙀
🕵️♂️ Researchers have found a way to de-anonymize Ethereum validators by analyzing P2P messages and deploying an observing node.
🧑💻 By running a client on four nodes, they managed to uncover the IP addresses of 15% of validators.
It's suggested that increasing the number of nodes could lead to an even higher percentage of de-anonymized validators. 🧐
🕵️♂️ Researchers have found a way to de-anonymize Ethereum validators by analyzing P2P messages and deploying an observing node.
🧑💻 By running a client on four nodes, they managed to uncover the IP addresses of 15% of validators.
It's suggested that increasing the number of nodes could lead to an even higher percentage of de-anonymized validators. 🧐
👍20👎3❤2
🚀 Bitcoin Bull Run on the Horizon? 📈
Recent on-chain metrics and historical patterns suggest Bitcoin may be gearing up for a significant rally.
🔑 Key indicators from CryptoQuant show increased market confidence, with the Fund Flow Ratio and Leverage Ratio trending upward:
▪️The 7-day Simple Moving Average (SMA) of the Fund Flow Ratio is at 0.05, historically marking the end of bear markets.
▪️The 30-day SMA of the Estimated Leverage Ratio is also rising, reflecting growing investor confidence and interest in futures and options.
▪️Long-term holders appear to be positioning themselves for potential gains, as indicated by the rise in Binary Coin Days Destroyed.
Historically, Bitcoin tends to break out 154-161 days post-halving, and with 157 days since the last halving, a breakout could be imminent.
📈 September has shown unexpected gains, and Bitcoin is now just 14.6% below its previous peak. Keep an eye on the market—big moves could be ahead!
Recent on-chain metrics and historical patterns suggest Bitcoin may be gearing up for a significant rally.
🔑 Key indicators from CryptoQuant show increased market confidence, with the Fund Flow Ratio and Leverage Ratio trending upward:
▪️The 7-day Simple Moving Average (SMA) of the Fund Flow Ratio is at 0.05, historically marking the end of bear markets.
▪️The 30-day SMA of the Estimated Leverage Ratio is also rising, reflecting growing investor confidence and interest in futures and options.
▪️Long-term holders appear to be positioning themselves for potential gains, as indicated by the rise in Binary Coin Days Destroyed.
Historically, Bitcoin tends to break out 154-161 days post-halving, and with 157 days since the last halving, a breakout could be imminent.
📈 September has shown unexpected gains, and Bitcoin is now just 14.6% below its previous peak. Keep an eye on the market—big moves could be ahead!
👍21❤13
🇰🇷 South Korean Officers Used Military Secrets to Buy Cryptocurrency!
Several officers from the South Korean army reportedly used classified military passwords as collateral to secure loans for cryptocurrency investments. 💰
📰 Local media, citing the Ministry of Defense, revealed that these active-duty personnel in Chungcheong were unable to obtain funds from commercial banks, leading them to approach private lenders with sensitive military information. 🕵️♂️
The shared passwords, classified as "third-level secrets," granted access to barracks and other military facilities.
👀 Investigations are ongoing, and the officers may face charges under the Military Secret Protection Act. Most of the suspects are in their 20s and 30s. Further details are still under wraps.
Several officers from the South Korean army reportedly used classified military passwords as collateral to secure loans for cryptocurrency investments. 💰
📰 Local media, citing the Ministry of Defense, revealed that these active-duty personnel in Chungcheong were unable to obtain funds from commercial banks, leading them to approach private lenders with sensitive military information. 🕵️♂️
The shared passwords, classified as "third-level secrets," granted access to barracks and other military facilities.
👀 Investigations are ongoing, and the officers may face charges under the Military Secret Protection Act. Most of the suspects are in their 20s and 30s. Further details are still under wraps.
👍17❤2👏2
Bitcoin Price Target Rises to $78K Following Chinese Stimulus!📈
Bitcoin is gearing up for a breakout towards $78,000, fueled by technical indicators and China's recent economic stimulus package.🇨🇳
On September 24, the People's Bank of China (PBOC) announced a $140 billion liquidity injection by cutting the reserve requirement ratio, aimed at revitalizing its struggling economy.💰
🔍 Analyst Jamie Coutts from Real Vision believes this stimulus will positively impact Bitcoin, as central bank liquidity typically boosts demand for cryptocurrencies.
👀 Historically, such announcements have led to significant rallies in risk assets like Bitcoin, with prices doubling after past stimulus measures. 🚀
Bitcoin is gearing up for a breakout towards $78,000, fueled by technical indicators and China's recent economic stimulus package.🇨🇳
On September 24, the People's Bank of China (PBOC) announced a $140 billion liquidity injection by cutting the reserve requirement ratio, aimed at revitalizing its struggling economy.💰
🔍 Analyst Jamie Coutts from Real Vision believes this stimulus will positively impact Bitcoin, as central bank liquidity typically boosts demand for cryptocurrencies.
👀 Historically, such announcements have led to significant rallies in risk assets like Bitcoin, with prices doubling after past stimulus measures. 🚀
👍23❤2🤗1
🌟 DWF Labs to Launch Synthetic Stablecoin by Q1 2025! 💰
🚀 Dubai-based DWF Labs has announced plans for a synthetic stablecoin, backed by a substantial $500 million investment. Set to launch between late 2024 and early 2025, this new stablecoin aims to compete with established fiat-backed options like USDC and USDT.
🔑 Key Features:
▪️Support for Multiple Digital Assets: The stablecoin will offer different annual percentage yields (APY), including about 12% for USDT and 15% for Bitcoin and Ethereum. Altcoins can earn up to 19%.
▪️Interoperability: Designed for seamless integration across various DeFi protocols.
▪️Liquidity Strategy: The launch is crucial for DWF Labs, which has invested heavily in crypto projects, including meme coins.
🚀 Dubai-based DWF Labs has announced plans for a synthetic stablecoin, backed by a substantial $500 million investment. Set to launch between late 2024 and early 2025, this new stablecoin aims to compete with established fiat-backed options like USDC and USDT.
🔑 Key Features:
▪️Support for Multiple Digital Assets: The stablecoin will offer different annual percentage yields (APY), including about 12% for USDT and 15% for Bitcoin and Ethereum. Altcoins can earn up to 19%.
▪️Interoperability: Designed for seamless integration across various DeFi protocols.
▪️Liquidity Strategy: The launch is crucial for DWF Labs, which has invested heavily in crypto projects, including meme coins.
👍15❤2❤🔥1
A Bitcoin address holding 1215 BTC ($77 million), mined in the first two months of the network's launch in 2009, recently transferred 5 BTC to the Kraken exchange. 💰
Some analysts suggest that this address is linked to Hal Finney's family. 🧐
Hal Finney was a key figure in Bitcoin's history, being the recipient of the very first Bitcoin transaction from Satoshi Nakamoto. 🥷
There are also theories that he might be the enigmatic creator of the cryptocurrency. 🙀
Some analysts suggest that this address is linked to Hal Finney's family. 🧐
Hal Finney was a key figure in Bitcoin's history, being the recipient of the very first Bitcoin transaction from Satoshi Nakamoto. 🥷
There are also theories that he might be the enigmatic creator of the cryptocurrency. 🙀
👍36❤🔥6❤5
Caroline Ellison, head of Alameda Research, has been sentenced to 2 years in prison. 🚨
This follows her involvement in the FTX scandal, where funds from clients were mismanaged under the direction of Sam Bankman-Fried, who received a 25-year sentence for fraud and misuse of client funds. 💰🥷
In her testimony, Ellison revealed how she prepared misleading reports for investors and highlighted the risky investments made with client money. 🤷
👀 The judge noted he hadn't seen such consistent cooperation from a defendant in 30 years.
This follows her involvement in the FTX scandal, where funds from clients were mismanaged under the direction of Sam Bankman-Fried, who received a 25-year sentence for fraud and misuse of client funds. 💰🥷
In her testimony, Ellison revealed how she prepared misleading reports for investors and highlighted the risky investments made with client money. 🤷
👀 The judge noted he hadn't seen such consistent cooperation from a defendant in 30 years.
👍31🔥3❤1
Ronin and opBNB continue to lead the blockchains in terms of active players over the past 30 days, significantly outpacing their competitors:
▪️Near: over 9 million
▪️TON: over 8 million
▪️BNB Chain: over 6 million
▪️Base: over 5 million
▪️Wax: over 4 million
▪️Polygon: over 3 million
▪️XAI, Immutable zkEVM, Klyatn: over 2 million
▪️Solana: over 1 million
▪️Near: over 9 million
▪️TON: over 8 million
▪️BNB Chain: over 6 million
▪️Base: over 5 million
▪️Wax: over 4 million
▪️Polygon: over 3 million
▪️XAI, Immutable zkEVM, Klyatn: over 2 million
▪️Solana: over 1 million
👍17❤1
🥷 The WazirX hacker is nearing the end of laundering the stolen $230 million.
Just an hour ago, they transferred the last 3,792 ETH ($9.93 million) to a new wallet, from which they are now sending coins to the Tornado Cash mixer. 🌪
The laundering process began on September 3, and after 22 days, it’s almost complete. 🤷
Just an hour ago, they transferred the last 3,792 ETH ($9.93 million) to a new wallet, from which they are now sending coins to the Tornado Cash mixer. 🌪
The laundering process began on September 3, and after 22 days, it’s almost complete. 🤷
👍17