Crypto Speak: Bounty campaigns
These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them.
This is how it goes down: You subscribe to a crypto projectβs social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens.
These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them.
This is how it goes down: You subscribe to a crypto projectβs social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens.
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BREAKING: Total Spot Bitcoin ETF trading volume surpasses $7.5 billion today, more than doubling its previous record:
β’ BlackRock: $3,291,107,443
β’ Grayscale: $1,836,035,297
β’ Fidelity: $1,422,191,705
β’ ARK Invest: $425,812,381
β’ Bitwise: $252,060,298
β’ Invesco: $162,039,559
β’ WisdomTree: $59,402,811
β’ VanEck: $52,142,656
β’ Franklin: $31,848,031
β’ Valkyrie: $14,560,139
β’ Hashdex: $1,005,824
βΊCrypto_Wrldπ
β’ BlackRock: $3,291,107,443
β’ Grayscale: $1,836,035,297
β’ Fidelity: $1,422,191,705
β’ ARK Invest: $425,812,381
β’ Bitwise: $252,060,298
β’ Invesco: $162,039,559
β’ WisdomTree: $59,402,811
β’ VanEck: $52,142,656
β’ Franklin: $31,848,031
β’ Valkyrie: $14,560,139
β’ Hashdex: $1,005,824
βΊCrypto_Wrldπ
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π₯ #BTC - evident capital outflow βοΈ
Selling pressure on #BTC is intensifying. Despite buyers stepping in around the lower limit of the ascending structure, a quick look at the order book shows that this support block is losing liquidity by the minute.
π While globally #BTC is still in an ascending trend, the current situation hints at a continued correction. Profit-taking, strong miner pressure, and, importantly, the whale capital outflow may provide us with an opportunity to buy below $40,000.
It's because smart money always moves with the best profitability. And it's one of the reasons why #ETH, #SOL and #BNB are on the rise. New markets within their networks offer much more profitability with much lower risks than trading or traditional investments.
π We've seen it in 2023 - a significant part of profits was taken by those who adapted to the new market trends. Not just buying random coins; but sustainable capital growth and leveraging new earning methods that decentralized sector has to offer.
Selling pressure on #BTC is intensifying. Despite buyers stepping in around the lower limit of the ascending structure, a quick look at the order book shows that this support block is losing liquidity by the minute.
π While globally #BTC is still in an ascending trend, the current situation hints at a continued correction. Profit-taking, strong miner pressure, and, importantly, the whale capital outflow may provide us with an opportunity to buy below $40,000.
It's because smart money always moves with the best profitability. And it's one of the reasons why #ETH, #SOL and #BNB are on the rise. New markets within their networks offer much more profitability with much lower risks than trading or traditional investments.
π We've seen it in 2023 - a significant part of profits was taken by those who adapted to the new market trends. Not just buying random coins; but sustainable capital growth and leveraging new earning methods that decentralized sector has to offer.
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What is βastroturfing?β
The term isnβt purely crypto, but in recent years, it has seeped into the blockchain world as well. It is the promotion of a product or service, such as an ICO, without disclosing a personal interest.
Celebrities such as Steven Seagal and Floyd Mayweather Jr. have been fined by the SEC in the past for astroturfing ICOs.
In other words, this is a situation where a celebrity who has received money for advertising βpretendsβ that they simply like the advertised project and recommend it to their audience.
βΊCrypto_Newsπ
The term isnβt purely crypto, but in recent years, it has seeped into the blockchain world as well. It is the promotion of a product or service, such as an ICO, without disclosing a personal interest.
Celebrities such as Steven Seagal and Floyd Mayweather Jr. have been fined by the SEC in the past for astroturfing ICOs.
In other words, this is a situation where a celebrity who has received money for advertising βpretendsβ that they simply like the advertised project and recommend it to their audience.
βΊCrypto_Newsπ
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Genesis Trading Moves 12,000 BTC to Coinbase Amid Bankruptcy
π Genesis Trading has transferred 12,000 BTC ($760M) to Coinbase in the past month. The company, currently in bankruptcy proceedings, still holds 33,300 BTC ($1.91B) and 118,000 ETH ($363M).
Is this another FUD for the market? π€
π° Crypto love academy | Business Tips π» GoalsπΊ | Crypto 1οΈβ£
π Genesis Trading has transferred 12,000 BTC ($760M) to Coinbase in the past month. The company, currently in bankruptcy proceedings, still holds 33,300 BTC ($1.91B) and 118,000 ETH ($363M).
Is this another FUD for the market? π€
π° Crypto love academy | Business Tips π» GoalsπΊ | Crypto 1οΈβ£
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Crypto speak: Bags
βBagsβ are your crypto assets; the term usually implies a fairly large amount of crypto.
For example, βMy Bored Ape bags keep growing,β or βI have a fat bag of DOGE.β
If you start saying βI have a big bag of Bitcoinβ instead of βI have a lot of Bitcoin,β people will believe you know what youβre doingπ
βΊCrypto_Newsπ
βBagsβ are your crypto assets; the term usually implies a fairly large amount of crypto.
For example, βMy Bored Ape bags keep growing,β or βI have a fat bag of DOGE.β
If you start saying βI have a big bag of Bitcoinβ instead of βI have a lot of Bitcoin,β people will believe you know what youβre doingπ
βΊCrypto_Newsπ
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The crypto market sees green across the board as Bitcoin reclaims the $59K level after trading as low as $54,092 last week. π
In the past 24 hours, Bitcoin has increased by 3.2%, and Ethereum is up 1.3%. Altcoins like Solana and Toncoin are also experiencing similar gains, with the total crypto market cap now standing at $2.27T.
Initial reactions on X suggest that whales have been buying 47,000 Bitcoins at an average price of $57K.
π° Crypto love academy | Business Tips π» GoalsπΊ | Crypto 1οΈβ£
In the past 24 hours, Bitcoin has increased by 3.2%, and Ethereum is up 1.3%. Altcoins like Solana and Toncoin are also experiencing similar gains, with the total crypto market cap now standing at $2.27T.
Initial reactions on X suggest that whales have been buying 47,000 Bitcoins at an average price of $57K.
π° Crypto love academy | Business Tips π» GoalsπΊ | Crypto 1οΈβ£
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Crypto speak: Floor is lava π
βFloor is lavaβ is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you canβt step on it.
In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing.
Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game).
βΊCrypto_Newsπ»
βFloor is lavaβ is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you canβt step on it.
In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing.
Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game).
βΊCrypto_Newsπ»
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Did you know that Bitcoin is 10.32% more expensive in South Korea?
There is a special term for this phenomenon, the βKimchi premium.β It occurs when the value of a token on Korean exchanges rises above global prices. This happens due to high demand and activity from local South Korean investors. More often than not, a rising βKimchi premiumβ indicates an overheated market.
βΊCrypto_Newsπ
There is a special term for this phenomenon, the βKimchi premium.β It occurs when the value of a token on Korean exchanges rises above global prices. This happens due to high demand and activity from local South Korean investors. More often than not, a rising βKimchi premiumβ indicates an overheated market.
βΊCrypto_Newsπ
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Crypto speak: Gem
In crypto, a βgemβ is a little-known token with a low market capitalization and great potential for price growth.
However, finding a gem is difficult. Not everything that has a small market capitalization is a profitable investment. More often than not, the market cap is small and the token is cheap simply because no one wants it!
But a real crypto gem can shoot up and grow in value by 10x or more.
Everyone wants to find a gem in the ocean of crypto, but few of them succeed)
In crypto, a βgemβ is a little-known token with a low market capitalization and great potential for price growth.
However, finding a gem is difficult. Not everything that has a small market capitalization is a profitable investment. More often than not, the market cap is small and the token is cheap simply because no one wants it!
But a real crypto gem can shoot up and grow in value by 10x or more.
Everyone wants to find a gem in the ocean of crypto, but few of them succeed)
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Crypto Speak: Crypto native
βCrypto nativesβ are people with cryptosis who donβt just love crypto, but who literally live crypto.
Typically, all their conversations revolve around talking about Bitcoin and blockchains; they know Satoshi Nakamotoβs commandments and will gladly help you with any crypto question. At parties and on dates, they inevitably start talking about Web3, initiating their interlocutors into the philosophy of the new generation of the internet.
They often say that itβs hard for them to make friends, but we donβt think so! π
βCrypto nativesβ are people with cryptosis who donβt just love crypto, but who literally live crypto.
Typically, all their conversations revolve around talking about Bitcoin and blockchains; they know Satoshi Nakamotoβs commandments and will gladly help you with any crypto question. At parties and on dates, they inevitably start talking about Web3, initiating their interlocutors into the philosophy of the new generation of the internet.
They often say that itβs hard for them to make friends, but we donβt think so! π
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π "SEC Puts Ethereum ETF Decision on Hold: Awaiting BlackRock's Milestone Moment"
The U.S. Securities and Exchange Commission (SEC) π¦ has postponed its decision π« on a proposed Ethereum ETF by BlackRock, the world's largest asset manager π. This application π was initially submitted back in November. The SEC states it requires additional time β³ to thoroughly review the application for compliance with the Securities Exchange Act π, but a specific date for the decision π has yet to be announced.
Experts are hypothesizing π€ that a decision could potentially be made by May 23, coinciding with a similar submission from VanEck π.
Amidst the legal ambiguities π§, the Ethereum price πΉ has soared to a yearly high, fueled by anticipation of the ETF π.
The U.S. Securities and Exchange Commission (SEC) π¦ has postponed its decision π« on a proposed Ethereum ETF by BlackRock, the world's largest asset manager π. This application π was initially submitted back in November. The SEC states it requires additional time β³ to thoroughly review the application for compliance with the Securities Exchange Act π, but a specific date for the decision π has yet to be announced.
Experts are hypothesizing π€ that a decision could potentially be made by May 23, coinciding with a similar submission from VanEck π.
Amidst the legal ambiguities π§, the Ethereum price πΉ has soared to a yearly high, fueled by anticipation of the ETF π.
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π Bitcoinβs New Upgrade: OP_CAT
Bitcoin's computational limits may be overcome with OP_CAT, enabling zero-knowledge proofs (ZKP) through STARK technology. StarkWare is funding research to explore its potential.
@cryptoInvest7725
@cryptoInvest7725
Bitcoin's computational limits may be overcome with OP_CAT, enabling zero-knowledge proofs (ZKP) through STARK technology. StarkWare is funding research to explore its potential.
@cryptoInvest7725
@cryptoInvest7725
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