๐ GoMining Mascot Creation Contest Reminder! ๐
Hey GoMining community!
Donโt forget to showcase your creativity in our exciting mascot creation contest! Imagine what a mascot embodying GoMining's mission and values could look like, and share your inspiring ideas with us!
๐ผ How to Participate:
1. Create a Mascot
2. Submit your original digital art or illustration.
3. Ensure your work aligns with GoMining's theme and includes our logo and style guidelines.
๐ฒ Publish Your Work:
Share your mascot creation on X (formerly Twitter).
Use the hashtags #GoMiningMascot and #GoMining, and tag our official account @GoMining_token.
Like & RT this tweet.
๐ Fill out the Gleam form, provide the link to your work and your GoMining ID.
๐ Contest Dates:
Submissions are open from July 25 to August 8, 23:59 UTC.
๐Prizes:
๐ฅ 1st Place: 1,500 GOMINING tokens
๐ฅ 2nd Place: 400 GOMINING tokens
๐ฅ 3rd Place: 250 GOMINING tokens
๐ 4th Place: 200 GOMINING tokens
๐ 5th Place: 150 GOMINING tokens
๐ 6th - 10th Places: 100 GOMINING tokens each
Judging Criteria:
- Entries will be evaluated by the jury based on originality, quality, and social media reactions.
- After the preliminary selection, the top entries will be presented for final voting among our followers on X (formerly Twitter).
โ๏ธComplete contest rules and details are available ๐ here.
๐ก Show off your creativity and leave your mark in the world of cryptocurrency and within the GoMining community! ๐ก
Good luck! ๐
#GoMining #NFT #Mascot
Hey GoMining community!
Donโt forget to showcase your creativity in our exciting mascot creation contest! Imagine what a mascot embodying GoMining's mission and values could look like, and share your inspiring ideas with us!
๐ผ How to Participate:
1. Create a Mascot
2. Submit your original digital art or illustration.
3. Ensure your work aligns with GoMining's theme and includes our logo and style guidelines.
๐ฒ Publish Your Work:
Share your mascot creation on X (formerly Twitter).
Use the hashtags #GoMiningMascot and #GoMining, and tag our official account @GoMining_token.
Like & RT this tweet.
๐ Fill out the Gleam form, provide the link to your work and your GoMining ID.
๐ Contest Dates:
Submissions are open from July 25 to August 8, 23:59 UTC.
๐Prizes:
๐ฅ 1st Place: 1,500 GOMINING tokens
๐ฅ 2nd Place: 400 GOMINING tokens
๐ฅ 3rd Place: 250 GOMINING tokens
๐ 4th Place: 200 GOMINING tokens
๐ 5th Place: 150 GOMINING tokens
๐ 6th - 10th Places: 100 GOMINING tokens each
Judging Criteria:
- Entries will be evaluated by the jury based on originality, quality, and social media reactions.
- After the preliminary selection, the top entries will be presented for final voting among our followers on X (formerly Twitter).
โ๏ธComplete contest rules and details are available ๐ here.
๐ก Show off your creativity and leave your mark in the world of cryptocurrency and within the GoMining community! ๐ก
Good luck! ๐
#GoMining #NFT #Mascot
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๐ก๏ธ Reminder - Reward Protection Function for Digital Miner Owners ๐ก๏ธ
Attention digital miner owners! We want to remind you about the Reward Protection function, a valuable feature designed specifically for digital miner owners with low energy efficiency. This function is available to holders who pay for maintenance with GOMINING tokens.
โ๏ธHow It Works:
๐If your daily mining reward in dollars (based on the current exchange rate) is less than the cost of maintenance, the write-off will not occur.
๐Reward Protection automatically enabled for all users.
๐You can always choose to disable this feature in your personal account settings under the My NFT - Rewards page. Make sure you are completely confident in your investment strategy.
Stay protected and get the most out of your digital miners with GOMINING tokens!
๐ Log in to your account to manage settings (My NFT - Rewards page)
Stay tuned!
#GOMINING #NFT #DigitalMiners #RewardProtection
Attention digital miner owners! We want to remind you about the Reward Protection function, a valuable feature designed specifically for digital miner owners with low energy efficiency. This function is available to holders who pay for maintenance with GOMINING tokens.
โ๏ธHow It Works:
๐If your daily mining reward in dollars (based on the current exchange rate) is less than the cost of maintenance, the write-off will not occur.
๐Reward Protection automatically enabled for all users.
๐You can always choose to disable this feature in your personal account settings under the My NFT - Rewards page. Make sure you are completely confident in your investment strategy.
Stay protected and get the most out of your digital miners with GOMINING tokens!
๐ Log in to your account to manage settings (My NFT - Rewards page)
Stay tuned!
#GOMINING #NFT #DigitalMiners #RewardProtection
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๐ข Announcement: Community Call with Mark Zalan
Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan!
This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all the major updates from the past month, ensuring you are up-to-date with the latest developments.
๐ Twitter Space ๐
Don't miss out on this opportunity to participate. The link for the Community Call will be posted later. We look forward to seeing you there!
The top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)! ๐ฐ๐
Stay tuned!
#GoMining #NFT #CommunityCall #Updates
Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan!
This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all the major updates from the past month, ensuring you are up-to-date with the latest developments.
๐ Twitter Space ๐
Don't miss out on this opportunity to participate. The link for the Community Call will be posted later. We look forward to seeing you there!
The top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)! ๐ฐ๐
Stay tuned!
#GoMining #NFT #CommunityCall #Updates
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GoMining News
๐ข Announcement: Community Call with Mark Zalan Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan! This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all theโฆ
๐ข 5 Minutes Until the Community Call with Mark Zalan!
Join us at 4 p.m. CET for an exciting Community Call with Mark Zalan on Twitter Space. We will discuss all the major updates from the past month.
๐ Twitter Space ๐
Top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)!๐ฐ๐
#GoMining #NFT #CommunityCall #Updates
Join us at 4 p.m. CET for an exciting Community Call with Mark Zalan on Twitter Space. We will discuss all the major updates from the past month.
๐ Twitter Space ๐
Top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)!๐ฐ๐
#GoMining #NFT #CommunityCall #Updates
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๐ขโจ We're announcing the second cycle of our Bounty program with 1,000,000 tokens! ๐
Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the race, the bigger your prize could be.
๐ Become part of our community, contribute to the success of the project, and earn a share of 1,000,000 GOMINING tokens for the epoch and 10,000 tokens each week. ๐
๐ฅ What is the rewards program? ๐ฅ
The program is linked to our Burn and Mint tokenomics cycles. Every Tuesday, a new cycle begins with new reward tasks. Each week, we will distribute 10,000 GOMINING tokens among those who complete the program's tasks. But that's not all!
๐ All the points you earn by participating in the weekly cycles will accumulate in the final leaderboard of the 4th epoch, where we will distribute 1,000,000 GOMINING tokens!!!
๐ Join the second Bounty cycle!
โ๏ธ How It Works: โ๏ธ
๐ Bounty tasks will be announced weekly on Tuesday at 3 PM UTC.
๐ The leaderboard will now be updated daily at 8 PM UTC.
๐ To participate in the bounty, you need to be a GoMining user and register in our app.
Join our weekly bounty cycles, complete new tasks, earn tokens for your activity, and accumulate points for the big drawing at the end of the epoch! ๐
#GoMining #NFT #Bounty
Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the race, the bigger your prize could be.
๐ Become part of our community, contribute to the success of the project, and earn a share of 1,000,000 GOMINING tokens for the epoch and 10,000 tokens each week. ๐
๐ฅ What is the rewards program? ๐ฅ
The program is linked to our Burn and Mint tokenomics cycles. Every Tuesday, a new cycle begins with new reward tasks. Each week, we will distribute 10,000 GOMINING tokens among those who complete the program's tasks. But that's not all!
๐ All the points you earn by participating in the weekly cycles will accumulate in the final leaderboard of the 4th epoch, where we will distribute 1,000,000 GOMINING tokens!!!
๐ Join the second Bounty cycle!
โ๏ธ How It Works: โ๏ธ
๐ Bounty tasks will be announced weekly on Tuesday at 3 PM UTC.
๐ The leaderboard will now be updated daily at 8 PM UTC.
๐ To participate in the bounty, you need to be a GoMining user and register in our app.
Join our weekly bounty cycles, complete new tasks, earn tokens for your activity, and accumulate points for the big drawing at the end of the epoch! ๐
#GoMining #NFT #Bounty
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GoMining News
๐ขโจ We're announcing the second cycle of our Bounty program with 1,000,000 tokens! ๐ Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the raceโฆ
๐ขโจ We're excited to announce new and interesting tasks for this week's Bounty program cycle!
To participate:
1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results).
2๏ธโฃ Many tasks this week require submitting screenshots, so register on this forum to submit your applications!
3๏ธโฃ Complete one or more tasks from this cycle:
๐น New tasks for this cycle - show your support and creative energy on social media.
1. Like, share, repost - earn from 2 to 20 points for simple tasks. โค๏ธ
2. Celebrate the listing of GOMINING on BingX and earn from 1 to 5 points. ๐
3. Write the most popular post according to the task conditions and earn as many points as you can carry! ๐ธ
4. Try your hand at creating content about GoMining and earn from 2 to 20 points. โ๏ธ
5. Create Instagram posts and earn an additional 2 to 6 points. ๐ผ
๐น All our community tasks from the first week are still active:
1. Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! ๐ฌ
2. Help newcomers on the Telegram chat; each reputation point equals one point on the Bounty leaderboard! ๐ค
3. Participate and win in games and quizzes on Discord and Telegram! (follow the schedule on social media) ๐ฎ
4. Invite friends to our Telegram group and earn 10% of the points they earn for their activity on Telegram! ๐ฅ
Join us, be active, persistent, and creative, climb the leaderboard, and win GOMINING tokens! ๐
#GoMining #Bounty
To participate:
1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results).
2๏ธโฃ Many tasks this week require submitting screenshots, so register on this forum to submit your applications!
3๏ธโฃ Complete one or more tasks from this cycle:
๐น New tasks for this cycle - show your support and creative energy on social media.
1. Like, share, repost - earn from 2 to 20 points for simple tasks. โค๏ธ
2. Celebrate the listing of GOMINING on BingX and earn from 1 to 5 points. ๐
3. Write the most popular post according to the task conditions and earn as many points as you can carry! ๐ธ
4. Try your hand at creating content about GoMining and earn from 2 to 20 points. โ๏ธ
5. Create Instagram posts and earn an additional 2 to 6 points. ๐ผ
๐น All our community tasks from the first week are still active:
1. Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! ๐ฌ
2. Help newcomers on the Telegram chat; each reputation point equals one point on the Bounty leaderboard! ๐ค
3. Participate and win in games and quizzes on Discord and Telegram! (follow the schedule on social media) ๐ฎ
4. Invite friends to our Telegram group and earn 10% of the points they earn for their activity on Telegram! ๐ฅ
Join us, be active, persistent, and creative, climb the leaderboard, and win GOMINING tokens! ๐
#GoMining #Bounty
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GoMining News pinned ยซ๐ขโจ We're excited to announce new and interesting tasks for this week's Bounty program cycle! To participate: 1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results). 2๏ธโฃ Many tasks this weekโฆยป
๐Crypto World Highlights for August 7th
-Market Analysis and Trends
Crypto stocks rebound, volatility eases but analysts say we are not out of the woods: After spiking into crisis territory on Monday, the VIX was on the decline Tuesday. But volatility is still in the air.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip: Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin hovering at key support levels with risk of further price correction: CryptoQuant: The price of Bitcoin is hovering precariously around key support levels after Monday's market freefall and subsequent tentative recovery, analysts said.
-Company and Investment Updates
Semler Scientific acquires additional 101 bitcoins, increasing total holdings to 929 BTC: Semler Scientific reinforces its bitcoin investment plan despite an earnings dip.
Metaplanet To Raise $70 Million To Buy More Bitcoin: Metaplanet, a Japanese public company, announced a plan to raise $70 million through a stock rights issue to buy more Bitcoin.
Venture capital injects $527 million into crypto startups in July: The infrastructure sector raised over $420 million, dominating nearly 80% of all capital raised last month.
-Market Volatility and Expert Opinions
'The only thing that's certain is volatility': Four leading market experts weigh in on the start of a volatile week: Leading market experts joined The Block to discuss the recent sell-off in both traditional and crypto markets.
The Unreliable Bitcoin (BTC) Death Cross Is Looming Again: Indicators like the death cross are inherently lagging and offer limited predictive power.
-Major Market Movements
$510B crypto sell-off wipes 2024 gains for top 50 coins: Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
Nearly every token Binance listed in 2024 is now bleeding red โ Coin98: Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
-Security Incidents
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack: Ronin, a bridging service, was paused after $12 million in tokens were drained from the platform. The exploit was conducted by so-called whitehat hackers, and talks about returning the tokens are occurring.
#GoMining #DigitalMiners #MarketReview
-Market Analysis and Trends
Crypto stocks rebound, volatility eases but analysts say we are not out of the woods: After spiking into crisis territory on Monday, the VIX was on the decline Tuesday. But volatility is still in the air.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip: Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin hovering at key support levels with risk of further price correction: CryptoQuant: The price of Bitcoin is hovering precariously around key support levels after Monday's market freefall and subsequent tentative recovery, analysts said.
-Company and Investment Updates
Semler Scientific acquires additional 101 bitcoins, increasing total holdings to 929 BTC: Semler Scientific reinforces its bitcoin investment plan despite an earnings dip.
Metaplanet To Raise $70 Million To Buy More Bitcoin: Metaplanet, a Japanese public company, announced a plan to raise $70 million through a stock rights issue to buy more Bitcoin.
Venture capital injects $527 million into crypto startups in July: The infrastructure sector raised over $420 million, dominating nearly 80% of all capital raised last month.
-Market Volatility and Expert Opinions
'The only thing that's certain is volatility': Four leading market experts weigh in on the start of a volatile week: Leading market experts joined The Block to discuss the recent sell-off in both traditional and crypto markets.
The Unreliable Bitcoin (BTC) Death Cross Is Looming Again: Indicators like the death cross are inherently lagging and offer limited predictive power.
-Major Market Movements
$510B crypto sell-off wipes 2024 gains for top 50 coins: Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
Nearly every token Binance listed in 2024 is now bleeding red โ Coin98: Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
-Security Incidents
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack: Ronin, a bridging service, was paused after $12 million in tokens were drained from the platform. The exploit was conducted by so-called whitehat hackers, and talks about returning the tokens are occurring.
#GoMining #DigitalMiners #MarketReview
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๐ Results of the First Cycle of the GoMining Bounty Program! ๐
Hi everyone,
We're happy to share the results of our weekly Bounty Program!
Every week, GoMining distributes 10,000 tokens among those who complete tasks and earn points. Last week, our participants were actively engaging in chats on Telegram and Discord, participating in quizzes, playing games, and helping each other out, earning reputation points.๐
๐ Results and Winners:
We have tallied the points and recorded the results of the first cycle in the Leaderboard - check out your GoMining ID in the list for the first week!
We're overjoyed to announce that this week we have three participants who scored more than 50 points and will receive over 1000 GoMining tokens! ๐ค The winner's reward in this cycle will be 1500 GOMINING tokens, equivalent to $400 at the current rate! ๐ Amazing prizes in just one week!
Want to be a winner too?
Stay active, complete tasks, earn points, and participate in the next token drawing.
๐ Congratulations to our winners and thanks to everyone for participating! Good luck in the next cycle!
๐ Want to join? Let's start right now! ๐
#GoMining #BountyProgram
Hi everyone,
We're happy to share the results of our weekly Bounty Program!
Every week, GoMining distributes 10,000 tokens among those who complete tasks and earn points. Last week, our participants were actively engaging in chats on Telegram and Discord, participating in quizzes, playing games, and helping each other out, earning reputation points.๐
๐ Results and Winners:
We have tallied the points and recorded the results of the first cycle in the Leaderboard - check out your GoMining ID in the list for the first week!
We're overjoyed to announce that this week we have three participants who scored more than 50 points and will receive over 1000 GoMining tokens! ๐ค The winner's reward in this cycle will be 1500 GOMINING tokens, equivalent to $400 at the current rate! ๐ Amazing prizes in just one week!
Want to be a winner too?
Stay active, complete tasks, earn points, and participate in the next token drawing.
๐ Congratulations to our winners and thanks to everyone for participating! Good luck in the next cycle!
๐ Want to join? Let's start right now! ๐
#GoMining #BountyProgram
๐490โค212โก99๐55โคโ๐ฅ25๐23๐ณ21๐พ8๐ฅ5
๐ Big cheers to Vader, this week's winner in our weekly raffle!
๐ You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.
๐ Looking to boost your mining efficiency? Here's how you can join the raffle:
1) Haven't got a digital miner yet? Now's the time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;
๐ก Every $10 invested in upgrades not only fine-tunes your mining capabilities but also raises your chances of winning. This week's winner, Vader, had a winning probability of just 0.072%, proving anyone can win.
๐ Note the date: The next drawing will conclude on August 13th. Keep enhancing your setup to boost your chances.
๐ Good luck to everyone in the next draw!
#GoMining #DigitalMiners #WeeklyRaffle
๐ You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.
๐ Looking to boost your mining efficiency? Here's how you can join the raffle:
1) Haven't got a digital miner yet? Now's the time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;
๐ก Every $10 invested in upgrades not only fine-tunes your mining capabilities but also raises your chances of winning. This week's winner, Vader, had a winning probability of just 0.072%, proving anyone can win.
๐ Note the date: The next drawing will conclude on August 13th. Keep enhancing your setup to boost your chances.
๐ Good luck to everyone in the next draw!
#GoMining #DigitalMiners #WeeklyRaffle
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๐ Concluding the 50th Burn & Mint Cycle!
๐ฅ 2,209,314 GOMINING tokens were burned;
๐จ 1,855,824 GOMINING tokens have since been minted.
They were allocated as follows:
โก๏ธ 1,206,286 to the Service Provider;
๐ 371,165 to the owners of veGOMINING votes;
๐ช 185,582 to GoMining Rewards;
๐ฅ 92,791 to the GoMining team.
The voting results for the 51th cycle are:
๐ Extra Solo mining discount is 0.92%;
๐ Pool mining multiplier is 1.18x;
๐ The Greedy Machines power has increased by 0.32% for each digital miner sold from this collection.
๐ Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.
๐ค Enhance Your Savings:
Apply your GOMINING tokens for digital miner upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!
๐ Discover how to leverage these advantages here.
#GoMining #NFT #BurnMint
๐ฅ 2,209,314 GOMINING tokens were burned;
๐จ 1,855,824 GOMINING tokens have since been minted.
They were allocated as follows:
โก๏ธ 1,206,286 to the Service Provider;
๐ 371,165 to the owners of veGOMINING votes;
๐ช 185,582 to GoMining Rewards;
๐ฅ 92,791 to the GoMining team.
The voting results for the 51th cycle are:
๐ Extra Solo mining discount is 0.92%;
๐ Pool mining multiplier is 1.18x;
๐ The Greedy Machines power has increased by 0.32% for each digital miner sold from this collection.
๐ Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.
๐ค Enhance Your Savings:
Apply your GOMINING tokens for digital miner upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!
๐ Discover how to leverage these advantages here.
#GoMining #NFT #BurnMint
โค625๐465๐ฅ161๐75๐ณ28โคโ๐ฅ16โก9๐2
We are glad to announce that GoMining is now officially listed on Messari! ๐
Messari, a leading crypto data and research platform, provides in-depth analysis and reliable data for the crypto community. Being featured on Messari marks a significant milestone for GoMining, enhancing our visibility and credibility in the industry.
Stay tuned for more updates and insights as we continue to innovate and grow. Thank you for your ongoing support!
๐ Check out our listing on Messari now and explore all the details.
Let's mine the future together with GoMining! ๐ช๐
#GoMining #NFT #Messari
Messari, a leading crypto data and research platform, provides in-depth analysis and reliable data for the crypto community. Being featured on Messari marks a significant milestone for GoMining, enhancing our visibility and credibility in the industry.
Stay tuned for more updates and insights as we continue to innovate and grow. Thank you for your ongoing support!
๐ Check out our listing on Messari now and explore all the details.
Let's mine the future together with GoMining! ๐ช๐
#GoMining #NFT #Messari
โค341๐232๐ฅ68๐40โก13โคโ๐ฅ12
๐Crypto World Highlights for August 8th
Bitcoin Market Dynamics
3 key Bitcoin price metrics highlight traders' lack of enthusiasm: Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.
Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip: Investors are capitalizing on the recent price decline by accumulating more BTC.
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains: An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.
Top Bitcoin miners boost July production by 10.9%, led by Marathon Digital: Riot sees a 45% monthly increase in BTC production, hitting 370 BTC.
Michael Saylor Announces He Owns $1 Billion In Bitcoin Personally: Outside of MicroStrategy, Michael Saylor is also holding a large amount of BTC himself.
Gox Watch: Payouts quiet after sending out $5.8B before bitcoin crash: Itโs been over a week since the last Mt. Gox transfer, and a lot has happened to bitcoinโs price.
-Ethereum and Altcoins
Solana Hits All-Time High Against ETH: Amid ETH's drawdown, SOL's ether-denominated market cap has reached new heights.
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed: Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
-Institutional Investment and Regulatory Developments
Robinhood's Q2 crypto revenues up 161% as trading volume hits $21.5 billion: Robinhood announced crypto transaction-based revenues increased to $81 million, a 161% increase.
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case: The SEC appears likely to appeal the overall case.
-Market Sentiment and Commentary
Democrats Launch "Crypto for Harris" to Rival Trump's Crypto Appeal: FOX Business: The Democrats are determined not to let Donald Trump run away with the crypto vote this fall, FOX Business' Eleanor Terrett reports.
#GoMining #DigitalMiners #MarketReview
Bitcoin Market Dynamics
3 key Bitcoin price metrics highlight traders' lack of enthusiasm: Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.
Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip: Investors are capitalizing on the recent price decline by accumulating more BTC.
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains: An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.
Top Bitcoin miners boost July production by 10.9%, led by Marathon Digital: Riot sees a 45% monthly increase in BTC production, hitting 370 BTC.
Michael Saylor Announces He Owns $1 Billion In Bitcoin Personally: Outside of MicroStrategy, Michael Saylor is also holding a large amount of BTC himself.
Gox Watch: Payouts quiet after sending out $5.8B before bitcoin crash: Itโs been over a week since the last Mt. Gox transfer, and a lot has happened to bitcoinโs price.
-Ethereum and Altcoins
Solana Hits All-Time High Against ETH: Amid ETH's drawdown, SOL's ether-denominated market cap has reached new heights.
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed: Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
-Institutional Investment and Regulatory Developments
Robinhood's Q2 crypto revenues up 161% as trading volume hits $21.5 billion: Robinhood announced crypto transaction-based revenues increased to $81 million, a 161% increase.
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case: The SEC appears likely to appeal the overall case.
-Market Sentiment and Commentary
Democrats Launch "Crypto for Harris" to Rival Trump's Crypto Appeal: FOX Business: The Democrats are determined not to let Donald Trump run away with the crypto vote this fall, FOX Business' Eleanor Terrett reports.
#GoMining #DigitalMiners #MarketReview
๐825โค298๐69๐พ62๐ฅ31โคโ๐ฅ24๐ค23โก19๐9
Whatโs next for Bitcoin ecosystem? Our CBDO @jeremy_dreier with @rustyrockets at Bitcoin Nashville๐
Stay tuned๐
Stay tuned๐
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๐ Milestone Achievement - 80,000 mining holders! ๐
We are excited to announce that GoMining has reached an incredible milestone: 80,000 mining holders! ๐
This achievement is a testament to the strength and dedication of our community. We couldn't have done it without your support. Thank you for being a part of this journey and helping us grow.
Here's to many more milestones together as we continue to mine the future! ๐ช
#GoMining #NFT #Milestone
We are excited to announce that GoMining has reached an incredible milestone: 80,000 mining holders! ๐
This achievement is a testament to the strength and dedication of our community. We couldn't have done it without your support. Thank you for being a part of this journey and helping us grow.
Here's to many more milestones together as we continue to mine the future! ๐ช
#GoMining #NFT #Milestone
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๐ GoMining Secondary Market Weekly Stats!
๐ธ Last week, we recorded a trading volume of 1,488,519 $GOMINING tokens.
๐ Top Sales Performance:
๐ The Greedy Machines #9995: Achieved $266 per/1 TH
๐ The Greedy Machines #1177: Sold for $262/1 TH
๐ The Greedy Machines #1242: Closed at $262/1 TH
๐ Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
๐ Discover our marketplace here ๐ https://app.gmt.io/nft
๐ Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management ๐https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! ๐
#GoMining #DigitalMiners #WeeklyStats
๐ธ Last week, we recorded a trading volume of 1,488,519 $GOMINING tokens.
๐ Top Sales Performance:
๐ The Greedy Machines #9995: Achieved $266 per/1 TH
๐ The Greedy Machines #1177: Sold for $262/1 TH
๐ The Greedy Machines #1242: Closed at $262/1 TH
๐ Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
๐ Discover our marketplace here ๐ https://app.gmt.io/nft
๐ Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management ๐https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! ๐
#GoMining #DigitalMiners #WeeklyStats
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๐Crypto World Highlights for August 9th
-Bitcoin Market Trends and Investor Activity
Bitcoin reclaims $62K, forming a โmassive bull hammerโ on price chart: Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, with futures traders scrambling to adjust their positions.
Bitcoin Sees Strong US Buying Pressure Amid US Recession Fears: Bitcoin sees strong buying pressure from US investors, with the Coinbase Premium Index turning positive, indicating increased demand amid US recession fears.
Institutional investors bought the dip despite Bitcoin's steep crash below $50,000: Traders expect a "bullish second half of the year" with options placing the price between $90,000 and $100,000.
Miner profitability falls to record lows โ Blocksbridge: Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
-Global Regulatory and Legal Developments
Putin Signs Law Legalizing Cryptocurrency Mining in Russia: Putin wanted "to seize the moment" in creating regulation for digital asset mining.
FTX & Alameda Ordered to Pay $12.7B to Customers: The order bans both firms from further trading of digital assets.
WazirX to restore balances of accounts, undo all trades affected by hack: WazirX will notify users via email about the impacted trades and account reversals over the next few days.
-Economic Indicators and Market Predictions
The Sahm rule was triggered. Is a recession near?: Felix Jauvin interviewed Sahm rule inventor Claudia Sahm to unpack signals of a nearing recession.
Multichain DeFi draws near with Chain Signatures: Intents-based relays serve as a bridge replacement as a single Near signature can execute transactions on other blockchains.
-Company and Technology News
Metaplanet stock soars 20% as firm agrees to 1 billion yen loan to fund Bitcoin acquisition: Metaplanet said the loan would be collateral-free.
โDark Skippyโ method can steal Bitcoin hardware wallet keys: Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a personโs seed words.
#GoMining #NFT #MarketReview
-Bitcoin Market Trends and Investor Activity
Bitcoin reclaims $62K, forming a โmassive bull hammerโ on price chart: Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, with futures traders scrambling to adjust their positions.
Bitcoin Sees Strong US Buying Pressure Amid US Recession Fears: Bitcoin sees strong buying pressure from US investors, with the Coinbase Premium Index turning positive, indicating increased demand amid US recession fears.
Institutional investors bought the dip despite Bitcoin's steep crash below $50,000: Traders expect a "bullish second half of the year" with options placing the price between $90,000 and $100,000.
Miner profitability falls to record lows โ Blocksbridge: Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
-Global Regulatory and Legal Developments
Putin Signs Law Legalizing Cryptocurrency Mining in Russia: Putin wanted "to seize the moment" in creating regulation for digital asset mining.
FTX & Alameda Ordered to Pay $12.7B to Customers: The order bans both firms from further trading of digital assets.
WazirX to restore balances of accounts, undo all trades affected by hack: WazirX will notify users via email about the impacted trades and account reversals over the next few days.
-Economic Indicators and Market Predictions
The Sahm rule was triggered. Is a recession near?: Felix Jauvin interviewed Sahm rule inventor Claudia Sahm to unpack signals of a nearing recession.
Multichain DeFi draws near with Chain Signatures: Intents-based relays serve as a bridge replacement as a single Near signature can execute transactions on other blockchains.
-Company and Technology News
Metaplanet stock soars 20% as firm agrees to 1 billion yen loan to fund Bitcoin acquisition: Metaplanet said the loan would be collateral-free.
โDark Skippyโ method can steal Bitcoin hardware wallet keys: Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a personโs seed words.
#GoMining #NFT #MarketReview
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GM, Miners! ๐ May your weekend be as epic as your hustleโrelax, recharge, and get ready to conquer the next week! ๐ช๐
#GM
#GM
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๐GoMarket Weekly #22: Bitcoinโs Rollercoaster, Institutional Confidence, and Political Crypto Tensions
Welcome to the 22nd edition of GoMarket Weekly, curated for the GoMining community by seasoned crypto market analyst and journalist Mike Ermolaev. From euphoria to an extreme fear, Bitcoin market sentiment has had a rollercoaster ride. To make sense of the cryptocurrency market's hairpin turns, Mike has zeroed in on the factors that sparked the turmoil, read between the lines of encoded market signals, and monitored the strategy shifts of major institutional players. Is a sudden turnaround on the cards, and what's driving this streak? Letโs GoMarket and discover what heโs uncovered!
๐จ Extreme Fear Grips the Market as Bitcoin Takes a Hit
Investor anxiety hit a peak this week with The Fear & Greed Index swinging dramatically to extreme fear at 20, driven by Bitcoinโs sharp correction. While it has since stabilized, the market remains volatile, and caution is the name of the game.
๐ US Economic Woes Weigh Heavily on Bitcoin
The US economy is one of the reasons behind Bitcoin's recent struggles. The ISM Manufacturing Index dropped to 46.8, shaking confidence in the broader market. Despite an initial rally after dovish comments from Fed Chair Powell, the weak economic data reversed momentum, pushing Bitcoin prices lower.
๐ Bitcoin Poised for Breakout? $90K Could Be Next
Bitcoin might be gearing up for a significant breakout based on parallels with the post-halving cycle of 2015โ2017. If history repeats itself, we could see Bitcoin surge to $90K after testing resistance levels near $70K-$73K.
๐ก๏ธ Mt. Gox Creditors Hold Steady, Boosting Bitcoin Stability
Data reveals that the majority of Mt. Gox creditors plan to hold their Bitcoin rather than sell, contributing to market stability. With over 600,000 BTC changing hands in the $66.2K-$66.9K range, weโre seeing strong support at these levels, suggesting that long-term holders are holding firm. ๐ก๏ธ
๐ผ๐ฐ Institutional Confidence Grows
MicroStrategy and BlackRockโs Bitcoin ETF collectively hold over 570,000 BTC now โ a vote of confidence from institutional investors putting their chips on Bitcoin's table. In early August, Bitcoin ETFs across all firms recorded a total net inflow of approximately $17.4 billion, with this strong support from the big players likely to help stabilize the market and drive future growth.
๐ Global and US Crypto Developments
Brazilโs approval of the worldโs first Solana ETF and Russiaโs legalization of Bitcoin mining signal growing global acceptance of digital assets. Meanwhile, in the US, cryptocurrency is becoming a key political issue, with the Democratic Partyโs "Crypto for Harris" campaign countering the crypto industry's support for Trump, showing how crypto is taking over politics.
Uncover the complete story here, and keep an ear out for the next batch of insights next week! ๐โจ
#GoMarketWeekly #NFT #Trends
Welcome to the 22nd edition of GoMarket Weekly, curated for the GoMining community by seasoned crypto market analyst and journalist Mike Ermolaev. From euphoria to an extreme fear, Bitcoin market sentiment has had a rollercoaster ride. To make sense of the cryptocurrency market's hairpin turns, Mike has zeroed in on the factors that sparked the turmoil, read between the lines of encoded market signals, and monitored the strategy shifts of major institutional players. Is a sudden turnaround on the cards, and what's driving this streak? Letโs GoMarket and discover what heโs uncovered!
๐จ Extreme Fear Grips the Market as Bitcoin Takes a Hit
Investor anxiety hit a peak this week with The Fear & Greed Index swinging dramatically to extreme fear at 20, driven by Bitcoinโs sharp correction. While it has since stabilized, the market remains volatile, and caution is the name of the game.
๐ US Economic Woes Weigh Heavily on Bitcoin
The US economy is one of the reasons behind Bitcoin's recent struggles. The ISM Manufacturing Index dropped to 46.8, shaking confidence in the broader market. Despite an initial rally after dovish comments from Fed Chair Powell, the weak economic data reversed momentum, pushing Bitcoin prices lower.
๐ Bitcoin Poised for Breakout? $90K Could Be Next
Bitcoin might be gearing up for a significant breakout based on parallels with the post-halving cycle of 2015โ2017. If history repeats itself, we could see Bitcoin surge to $90K after testing resistance levels near $70K-$73K.
๐ก๏ธ Mt. Gox Creditors Hold Steady, Boosting Bitcoin Stability
Data reveals that the majority of Mt. Gox creditors plan to hold their Bitcoin rather than sell, contributing to market stability. With over 600,000 BTC changing hands in the $66.2K-$66.9K range, weโre seeing strong support at these levels, suggesting that long-term holders are holding firm. ๐ก๏ธ
๐ผ๐ฐ Institutional Confidence Grows
MicroStrategy and BlackRockโs Bitcoin ETF collectively hold over 570,000 BTC now โ a vote of confidence from institutional investors putting their chips on Bitcoin's table. In early August, Bitcoin ETFs across all firms recorded a total net inflow of approximately $17.4 billion, with this strong support from the big players likely to help stabilize the market and drive future growth.
๐ Global and US Crypto Developments
Brazilโs approval of the worldโs first Solana ETF and Russiaโs legalization of Bitcoin mining signal growing global acceptance of digital assets. Meanwhile, in the US, cryptocurrency is becoming a key political issue, with the Democratic Partyโs "Crypto for Harris" campaign countering the crypto industry's support for Trump, showing how crypto is taking over politics.
Uncover the complete story here, and keep an ear out for the next batch of insights next week! ๐โจ
#GoMarketWeekly #NFT #Trends
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