🚀 GoMarket Weekly #16 🚀
Don't miss the latest edition of GoMarket Weekly, where crypto analyst Mike Ermolaev dives into the whirlwind of recent cryptocurrency developments. Whether it's Bitcoin's price fluctuations, Ethereum's standing, or insights into mining activities – you'll find comprehensive coverage right here.
📉Bitcoin Price and Sentiment Are Down📉
Bitcoin experienced a decline this week, with prices ranging from $64K to $59K and the Crypto Fear and Greed Index plummeting from 63 to 47, signaling a shift in market sentiment. Is fear gripping the market?
💎Ethereum's DeFi Dominance and ETF Progress💎
Ethereum traded between roughly $3,200 and $3,500. It remains dominant in DeFi, holding around 60% of the sector. SEC Chair Gary Gensler stated that Ethereum ETF approvals are "going smoothly," with VanEck submitting a Form 8-A for its Ethereum ETF. Could this be the catalyst for Ethereum's next big move?
⚖️Market Challenges and Regulatory Impact⚖️
Market impacted by weak Bitcoin ETF interest, Fed policy uncertainty, and a 42% drop in large transactions.
Significant Bitcoin transfers by the German Federal Criminal Police Office (BKA) and the U.S. government added pressure. High-profile deals sending shockwaves through the market?
Upcoming Mt. Gox repayments could increase volatility. The question now is what this means for the overall stability of Bitcoin prices - will we see wild swings in the coming days?
🌐 Ripple CEO Lashes Out at SEC🌐
Ripple CEO Brad Garlinghouse criticized SEC Chair Gary Gensler's statements at the Bloomberg summit, calling them "absolute nonsense." Could Gensler's policies impact Joe Biden's chances in the upcoming elections? Garlinghouse suggests so, highlighting Gensler's missteps with FTX and Binance.
⛏️Bitcoin Miners’ Resilience ⛏️
Glassnode and Blockware analysts highlight that Bitcoin miners are managing to operate effectively despite some stress. There's hope on the horizon for mining as this latest indication suggests a powerful capacity for recovery.
💡 Bitcoin Tax Legislation💡
Congressman Matt Gaetz proposed a bill to allow federal income tax payments using Bitcoin, inspired by El Salvador's policy. Is the U.S. ready for Bitcoin tax payments?
🔔 Stay Informed 🔔
The next chapter of crypto is being written – what will the BTC future look like? Is Ethereum on the cusp of a major power surge now that an ETF is looming on the horizon?
Can Bitcoin miners find a way out of their current squeeze? Read the full version of the analysis now to get deeper insights!
Canvassing the crypto landscape, GoMarket Weekly tunes in to the whispers of the market, transforming the noise into clarity for you.
🔗 Don’t miss out on these crucial updates in the crypto world—read the full analysis now! 🔗
#GoMining #NFT #GoMarket #MarketReview
Don't miss the latest edition of GoMarket Weekly, where crypto analyst Mike Ermolaev dives into the whirlwind of recent cryptocurrency developments. Whether it's Bitcoin's price fluctuations, Ethereum's standing, or insights into mining activities – you'll find comprehensive coverage right here.
📉Bitcoin Price and Sentiment Are Down📉
Bitcoin experienced a decline this week, with prices ranging from $64K to $59K and the Crypto Fear and Greed Index plummeting from 63 to 47, signaling a shift in market sentiment. Is fear gripping the market?
💎Ethereum's DeFi Dominance and ETF Progress💎
Ethereum traded between roughly $3,200 and $3,500. It remains dominant in DeFi, holding around 60% of the sector. SEC Chair Gary Gensler stated that Ethereum ETF approvals are "going smoothly," with VanEck submitting a Form 8-A for its Ethereum ETF. Could this be the catalyst for Ethereum's next big move?
⚖️Market Challenges and Regulatory Impact⚖️
Market impacted by weak Bitcoin ETF interest, Fed policy uncertainty, and a 42% drop in large transactions.
Significant Bitcoin transfers by the German Federal Criminal Police Office (BKA) and the U.S. government added pressure. High-profile deals sending shockwaves through the market?
Upcoming Mt. Gox repayments could increase volatility. The question now is what this means for the overall stability of Bitcoin prices - will we see wild swings in the coming days?
🌐 Ripple CEO Lashes Out at SEC🌐
Ripple CEO Brad Garlinghouse criticized SEC Chair Gary Gensler's statements at the Bloomberg summit, calling them "absolute nonsense." Could Gensler's policies impact Joe Biden's chances in the upcoming elections? Garlinghouse suggests so, highlighting Gensler's missteps with FTX and Binance.
⛏️Bitcoin Miners’ Resilience ⛏️
Glassnode and Blockware analysts highlight that Bitcoin miners are managing to operate effectively despite some stress. There's hope on the horizon for mining as this latest indication suggests a powerful capacity for recovery.
💡 Bitcoin Tax Legislation💡
Congressman Matt Gaetz proposed a bill to allow federal income tax payments using Bitcoin, inspired by El Salvador's policy. Is the U.S. ready for Bitcoin tax payments?
🔔 Stay Informed 🔔
The next chapter of crypto is being written – what will the BTC future look like? Is Ethereum on the cusp of a major power surge now that an ETF is looming on the horizon?
Can Bitcoin miners find a way out of their current squeeze? Read the full version of the analysis now to get deeper insights!
Canvassing the crypto landscape, GoMarket Weekly tunes in to the whispers of the market, transforming the noise into clarity for you.
🔗 Don’t miss out on these crucial updates in the crypto world—read the full analysis now! 🔗
#GoMining #NFT #GoMarket #MarketReview
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📢✨ Announcement: Community Call With Mark Zalan ✨📢
Join us today, July 1st, at 3 p.m. CET for an exciting Community Call with Mark Zalan! 🎉
This is your opportunity to gain insights directly from Mark and engage with the GoMining community. We value your questions and input, so we're offering a special reward: the top 5 questions will each receive $20 in GOMINING tokens (total prize pool of $100)! 💰💎
🔗 Submit your questions 👀
👉 Twitter Space Link (Part I and Part II) 💬
Don't miss this chance to participate and potentially win some tokens. The link for the Community Call will be shared soon🙌
We look forward to seeing you there! Stay tuned! 🚀
#GoMining #NFT #CommunityCall
Join us today, July 1st, at 3 p.m. CET for an exciting Community Call with Mark Zalan! 🎉
This is your opportunity to gain insights directly from Mark and engage with the GoMining community. We value your questions and input, so we're offering a special reward: the top 5 questions will each receive $20 in GOMINING tokens (total prize pool of $100)! 💰💎
🔗 Submit your questions 👀
👉 Twitter Space Link (Part I and Part II) 💬
Don't miss this chance to participate and potentially win some tokens. The link for the Community Call will be shared soon🙌
We look forward to seeing you there! Stay tuned! 🚀
#GoMining #NFT #CommunityCall
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Crypto World Highlights for July 1st
-Halving Effects and Market Performance
Two months after Bitcoin's halving, there have been no inflows for Bitcoin ETFs and the Federal Reserve maintains its inflation target, affecting the cryptocurrency's valuation.
Bitcoin price action gets interesting as it sees a return to $61.5K during a triple candle close, signaling potential volatility ahead of Bitcoin's weekly, monthly, and quarterly close.
Historically, June has been a bearish month for Bitcoin, but there is optimism that July might end on a positive note, potentially repeating historical patterns.
-Potential Challenges for Bitcoin in July
Three factors could spoil a potentially bullish July for Bitcoin, including Mt. Gox repayments that might lead to a "bull pennant" breakdown on the charts.
Bitcoin's weekend trading volumes have hit all-time lows following the adoption of spot Bitcoin ETFs, which also brought a period of low volatility, impacting several critical blockchain metrics.
-Miner Challenges and Innovations
Bitcoin miners are facing significant challenges, with economic pressures similar to those seen during the FTX exchange collapse in 2022, leading many to shut down operations or diversify.
Bitcoin Runes transactions tanked over 88% in June, with miners earning significantly less from these transactions compared to earlier in the year.
-Regulatory Updates and Global Responses
Europe's MiCA regulatory framework is finally here, prompting discussions on how the U.S. will respond to maintain its leadership in financial services regulation and innovation.
Bolivia has lifted its ban on Bitcoin, authorizing crypto transactions via banks and marking a significant shift in regulatory stance since 2014.
-Corporate and Community Impact
Yield App has suspended all platform activity and entered liquidation proceedings, citing impacts from the FTX collapse and signaling broader repercussions within the crypto community.
#GoMining #MarketNews
-Halving Effects and Market Performance
Two months after Bitcoin's halving, there have been no inflows for Bitcoin ETFs and the Federal Reserve maintains its inflation target, affecting the cryptocurrency's valuation.
Bitcoin price action gets interesting as it sees a return to $61.5K during a triple candle close, signaling potential volatility ahead of Bitcoin's weekly, monthly, and quarterly close.
Historically, June has been a bearish month for Bitcoin, but there is optimism that July might end on a positive note, potentially repeating historical patterns.
-Potential Challenges for Bitcoin in July
Three factors could spoil a potentially bullish July for Bitcoin, including Mt. Gox repayments that might lead to a "bull pennant" breakdown on the charts.
Bitcoin's weekend trading volumes have hit all-time lows following the adoption of spot Bitcoin ETFs, which also brought a period of low volatility, impacting several critical blockchain metrics.
-Miner Challenges and Innovations
Bitcoin miners are facing significant challenges, with economic pressures similar to those seen during the FTX exchange collapse in 2022, leading many to shut down operations or diversify.
Bitcoin Runes transactions tanked over 88% in June, with miners earning significantly less from these transactions compared to earlier in the year.
-Regulatory Updates and Global Responses
Europe's MiCA regulatory framework is finally here, prompting discussions on how the U.S. will respond to maintain its leadership in financial services regulation and innovation.
Bolivia has lifted its ban on Bitcoin, authorizing crypto transactions via banks and marking a significant shift in regulatory stance since 2014.
-Corporate and Community Impact
Yield App has suspended all platform activity and entered liquidation proceedings, citing impacts from the FTX collapse and signaling broader repercussions within the crypto community.
#GoMining #MarketNews
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Best analysis and insights (June 24-30)
🔗 Experts expressed optimism about Bitcoin layers and covenant technology driving future growth, enhancing Bitcoin's scalability and functionality.
🔗 Permission-based repo ledgers, using private blockchains, handle over $1.5T in securities financing a month, showcasing successful applications of blockchain technology.
🔗 A look at the different Bitcoin L2s beyond the Lightning Network reveals diverse possibilities for enhancing Bitcoin's scalability and utility.
🔗 The Right/Left divide could hinder Bitcoin adoption in the U.S., as polarization and politicking at Bitcoin's expense may worsen before improving.
🔗 Bitcoin isn't inherently political, and its potential shouldn't be overshadowed by political maneuvering, advocating for a neutral stance towards its technological promise.
🔗 The SEC's comments have delayed the launch of spot Ether ETFs, requesting resubmissions by July 8, potentially delaying launches until mid-to-late July.
🔗 The SEC's lawsuit against Consensys over the MetaMask wallet has sparked debate, with some experts arguing the agency may have a weak case.
🔗 The IRS has finalized regulations for crypto brokers, focusing on enhanced reporting systems without extending to decentralized exchanges or self-custodial wallets.
🔗 Solana's performance issues continue, with over 150 hours of downtime reported over the last three years, affecting its reliability despite its low-cost and fast transaction capabilities.
🔗 The Asia-Pacific market is heating up for Bitcoin and Ethereum ETFs, with multiple launches in Hong Kong and Australia indicating a growing interest.
🔗 The Hamster Kombat token launch has created a significant buzz in the play-to-earn crypto sector, raising questions about marketing tactics and the game's social dynamics.
🔗 The debate around Hamster Kombat's marketing strategies raises intriguing questions about the intersection of growth hacking, play-to-earn gaming, and universal basic income.
🔗 Will Ethereum NFTs make a comeback? Blur and OpenSea have driven Ethereum gas consumption peaks since the start of 2024, suggesting potential resurgence in NFT activities.
#GoMining #Analysis
🔗 Experts expressed optimism about Bitcoin layers and covenant technology driving future growth, enhancing Bitcoin's scalability and functionality.
🔗 Permission-based repo ledgers, using private blockchains, handle over $1.5T in securities financing a month, showcasing successful applications of blockchain technology.
🔗 A look at the different Bitcoin L2s beyond the Lightning Network reveals diverse possibilities for enhancing Bitcoin's scalability and utility.
🔗 The Right/Left divide could hinder Bitcoin adoption in the U.S., as polarization and politicking at Bitcoin's expense may worsen before improving.
🔗 Bitcoin isn't inherently political, and its potential shouldn't be overshadowed by political maneuvering, advocating for a neutral stance towards its technological promise.
🔗 The SEC's comments have delayed the launch of spot Ether ETFs, requesting resubmissions by July 8, potentially delaying launches until mid-to-late July.
🔗 The SEC's lawsuit against Consensys over the MetaMask wallet has sparked debate, with some experts arguing the agency may have a weak case.
🔗 The IRS has finalized regulations for crypto brokers, focusing on enhanced reporting systems without extending to decentralized exchanges or self-custodial wallets.
🔗 Solana's performance issues continue, with over 150 hours of downtime reported over the last three years, affecting its reliability despite its low-cost and fast transaction capabilities.
🔗 The Asia-Pacific market is heating up for Bitcoin and Ethereum ETFs, with multiple launches in Hong Kong and Australia indicating a growing interest.
🔗 The Hamster Kombat token launch has created a significant buzz in the play-to-earn crypto sector, raising questions about marketing tactics and the game's social dynamics.
🔗 The debate around Hamster Kombat's marketing strategies raises intriguing questions about the intersection of growth hacking, play-to-earn gaming, and universal basic income.
🔗 Will Ethereum NFTs make a comeback? Blur and OpenSea have driven Ethereum gas consumption peaks since the start of 2024, suggesting potential resurgence in NFT activities.
#GoMining #Analysis
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TON network 5% cashback promotion!
Hey there! 👋
Have you heard the news? GOMINING tokens are now available on the TON network!🚀
20,000,000 GOMINING tokens on the ETH (ERC-20) network have been burned to be issued on the TON network 💎
This not only provides more flexibility and opportunities within the blockchain ecosystem, but it marks another step in our journey to making mining accessible to all.🎉
To celebrate the occasion, we’re offering a special 5% cashback treat! 🥳
Exclusive for TON Users! 💎🙌
🗓️ Duration: From July 1st at 12:00 UTC until July 8th 12:00 UTC.
🏆 Eligibility: Spend GOMINING tokens on the TON network by creating and upgrading miners in the “Create Miner” section.
💰 Cashback rewards: At the end of the promo period, the cashback will be calculated and paid as a fixed amount in GOMINING tokens to your virtual wallet.
Bonus! One winner will receive a GoMiner PFP at the end of the promo!
📋How to Buy GOMINING on TON:
Link your TON Wallet if you haven’t done so yet. Here’s a guide on 👉 how to add a TON wallet 👀
Buy your GOMINING on TON. You can buy GOMINING on TON using Crypto or Credit Card payments 👉 here 👀
❗️IMPORTANT! Choose your TON wallet address as a recipient address.
How to Take Part:
📍Make your choice: Select the NFT or upgrade you want to purchase.
📍Choose your payment method: Select “By crypto” and then choose “GOMINING.”
📍Proceed to payment: Click “Pay” to be redirected to the payment gateway.
📍Select network: Choose the TON network.
📍Complete payment: Follow the prompts to pay for your purchase.
That’s it! Congratulations, you’ve been entered into the promotion!🚀
❗️Note! The cashback is only valid for purchases made in the “Create Miner” section and does not apply to the secondary market and electricity payments.
At GoMining, we take pride in our strong partnerships and continuous efforts to enhance user experience. This collaboration with the TON network shows our dedication to innovation and growth, offering you more opportunities to maximize your GOMINING tokens 🙌
#GoMining #NFT #TON
Hey there! 👋
Have you heard the news? GOMINING tokens are now available on the TON network!🚀
20,000,000 GOMINING tokens on the ETH (ERC-20) network have been burned to be issued on the TON network 💎
This not only provides more flexibility and opportunities within the blockchain ecosystem, but it marks another step in our journey to making mining accessible to all.🎉
To celebrate the occasion, we’re offering a special 5% cashback treat! 🥳
Exclusive for TON Users! 💎🙌
🗓️ Duration: From July 1st at 12:00 UTC until July 8th 12:00 UTC.
🏆 Eligibility: Spend GOMINING tokens on the TON network by creating and upgrading miners in the “Create Miner” section.
💰 Cashback rewards: At the end of the promo period, the cashback will be calculated and paid as a fixed amount in GOMINING tokens to your virtual wallet.
Bonus! One winner will receive a GoMiner PFP at the end of the promo!
📋How to Buy GOMINING on TON:
Link your TON Wallet if you haven’t done so yet. Here’s a guide on 👉 how to add a TON wallet 👀
Buy your GOMINING on TON. You can buy GOMINING on TON using Crypto or Credit Card payments 👉 here 👀
❗️IMPORTANT! Choose your TON wallet address as a recipient address.
How to Take Part:
📍Make your choice: Select the NFT or upgrade you want to purchase.
📍Choose your payment method: Select “By crypto” and then choose “GOMINING.”
📍Proceed to payment: Click “Pay” to be redirected to the payment gateway.
📍Select network: Choose the TON network.
📍Complete payment: Follow the prompts to pay for your purchase.
That’s it! Congratulations, you’ve been entered into the promotion!🚀
❗️Note! The cashback is only valid for purchases made in the “Create Miner” section and does not apply to the secondary market and electricity payments.
At GoMining, we take pride in our strong partnerships and continuous efforts to enhance user experience. This collaboration with the TON network shows our dedication to innovation and growth, offering you more opportunities to maximize your GOMINING tokens 🙌
#GoMining #NFT #TON
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📈 GoMining Secondary Market Weekly Highlights!
💸 Last week, the trading volume reached an impressive 1,456,758 $GOMINING tokens.
🏆 Top Sales Performance:
💎 GIFT 0201: Sold for $171.1/1 TH
💎 TRUST 0455: Closed at $150.6/1 TH
💎 GIFT 0212: Achieved $140.7/1 TH
🛒 Upgrade Your NFT Experience:
Trade securely on our official marketplace, where every transaction is protected. Purchased NFTs are immediately added to your GoMining account.
🔍 Explore our marketplace here 👉 https://app.gmt.io/nft.
📘 Need assistance with buying and selling? Visit our FAQ for details on payment methods and wallet management at 👉 https://help.nft.gomining.com/faq/buying-and-selling.
Join the market today and enhance your crypto journey! 🚀
#GoMining #NFT
💸 Last week, the trading volume reached an impressive 1,456,758 $GOMINING tokens.
🏆 Top Sales Performance:
💎 GIFT 0201: Sold for $171.1/1 TH
💎 TRUST 0455: Closed at $150.6/1 TH
💎 GIFT 0212: Achieved $140.7/1 TH
🛒 Upgrade Your NFT Experience:
Trade securely on our official marketplace, where every transaction is protected. Purchased NFTs are immediately added to your GoMining account.
🔍 Explore our marketplace here 👉 https://app.gmt.io/nft.
📘 Need assistance with buying and selling? Visit our FAQ for details on payment methods and wallet management at 👉 https://help.nft.gomining.com/faq/buying-and-selling.
Join the market today and enhance your crypto journey! 🚀
#GoMining #NFT
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Crypto World Highlights for July 2nd
-Market Trends and Projections
July could be a strong month for Bitcoin and Ether, based on historical trends with Bitcoin showing a median return of 9.6% in July, according to analysts from QCP Capital and Coinbase.
Bitcoin's potential rebound may face resistance at $65K, as on-chain analysis shows that short-term holders' wallets sitting on losses might liquidate holdings, potentially capping price gains.
The question of whether sub-$60K was a bear trap is discussed, with Bitcoin teasing a return of the bull market as monthly and quarterly closes save BTC price action from major losses.
-Corporate and Institutional Engagements
Sony Group is entering the Bitcoin market by acquiring Amber Japan and relaunching it as the S.BLOX Bitcoin and crypto exchange.
The U.S. Marshals Service has chosen Coinbase for crypto custody needs, despite ongoing SEC aggression against the platform.
Metaplanet continues its Bitcoin investment strategy, purchasing an additional $1.2M worth of Bitcoin, now holding 905 BTC in its treasury.
Bitfarms reported a 21% increase in bitcoin mining output in June, mining 189 bitcoins and selling 134 to raise $8.8 million.
-Regulatory Actions and Developments
The SEC has accused Silvergate of misleading the public post-FTX collapse, filing a suit against former executives and the bank.
Circle obtains the first stablecoin license under the EU's new MiCA crypto rules, planning to issue EURC and USDC in compliance with European regulations.
-Mining and Hashrate Dynamics
Bitcoin hashrate drawdown reaches levels seen during the December 2022 market lows, potentially signaling accumulation opportunities as the metric is used to spot relative bottom points in Bitcoin's market price.
-Governmental Crypto Movements
Significant crypto transfers by the German and U.S. governments have drawn market attention, involving large amounts of Bitcoin and Ethereum.
#GoMining #MarketNews
-Market Trends and Projections
July could be a strong month for Bitcoin and Ether, based on historical trends with Bitcoin showing a median return of 9.6% in July, according to analysts from QCP Capital and Coinbase.
Bitcoin's potential rebound may face resistance at $65K, as on-chain analysis shows that short-term holders' wallets sitting on losses might liquidate holdings, potentially capping price gains.
The question of whether sub-$60K was a bear trap is discussed, with Bitcoin teasing a return of the bull market as monthly and quarterly closes save BTC price action from major losses.
-Corporate and Institutional Engagements
Sony Group is entering the Bitcoin market by acquiring Amber Japan and relaunching it as the S.BLOX Bitcoin and crypto exchange.
The U.S. Marshals Service has chosen Coinbase for crypto custody needs, despite ongoing SEC aggression against the platform.
Metaplanet continues its Bitcoin investment strategy, purchasing an additional $1.2M worth of Bitcoin, now holding 905 BTC in its treasury.
Bitfarms reported a 21% increase in bitcoin mining output in June, mining 189 bitcoins and selling 134 to raise $8.8 million.
-Regulatory Actions and Developments
The SEC has accused Silvergate of misleading the public post-FTX collapse, filing a suit against former executives and the bank.
Circle obtains the first stablecoin license under the EU's new MiCA crypto rules, planning to issue EURC and USDC in compliance with European regulations.
-Mining and Hashrate Dynamics
Bitcoin hashrate drawdown reaches levels seen during the December 2022 market lows, potentially signaling accumulation opportunities as the metric is used to spot relative bottom points in Bitcoin's market price.
-Governmental Crypto Movements
Significant crypto transfers by the German and U.S. governments have drawn market attention, involving large amounts of Bitcoin and Ethereum.
#GoMining #MarketNews
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🎉 Big congratulations to our latest weekly raffle winner, user 4fa2d4a7!
🔑 You've secured an exclusive access key to GoMiners Avatars, giving your mining operation a significant boost. Our top-tier avatars are designed to optimize your setup for maximum efficiency and performance.
💎 Eager to enhance your mining potential? Join the raffle by following these steps:
1️⃣ If you don’t already own an NFT, now is the perfect time to acquire one;
2️⃣ Invest at least $10 in upgrading your digital miner’s power and efficiency.
☑️ Every $10 spent on upgrades not only enhances your mining capabilities but also increases your chances of winning. This week's winner, 4fa2d4a7, had a winning probability of only 0.013%, proving that anyone can be a winner.
🗓 Don’t miss out: the next draw will conclude on July 9th. Keep upgrading your setup to boost your chances of winning.
🍀 Good luck to all participants in the upcoming draw!
#GoMining #NFT #WeeklyRaffle
🔑 You've secured an exclusive access key to GoMiners Avatars, giving your mining operation a significant boost. Our top-tier avatars are designed to optimize your setup for maximum efficiency and performance.
💎 Eager to enhance your mining potential? Join the raffle by following these steps:
1️⃣ If you don’t already own an NFT, now is the perfect time to acquire one;
2️⃣ Invest at least $10 in upgrading your digital miner’s power and efficiency.
☑️ Every $10 spent on upgrades not only enhances your mining capabilities but also increases your chances of winning. This week's winner, 4fa2d4a7, had a winning probability of only 0.013%, proving that anyone can be a winner.
🗓 Don’t miss out: the next draw will conclude on July 9th. Keep upgrading your setup to boost your chances of winning.
🍀 Good luck to all participants in the upcoming draw!
#GoMining #NFT #WeeklyRaffle
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🔄 The Results of Our 45th Burn & Mint Cycle!
🔥 2,467,320 GOMINING tokens were burned;
🔨 2,047,875 GOMINING tokens have since been minted.
They were allocated as follows:
⚡️ 1,331,119 to the Service Provider;
🔒 409,575 to the owners of veGOMINING votes;
🪙 204,788 to GoMining Rewards;
👥 102,394 to the GoMining team.
The voting results for the 46th cycle are:
📌 Extra Solo mining discount is 2.49%;
📌 Pool mining multiplier is 1.01х;
📌 The Greedy Machines power has increased by 0.13% for each NFT sold from this collection.
🎊 Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.
🤝 Enhance Your Savings:
Apply your GOMINING tokens for NFT upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!
Discover how to leverage these advantages here 👉 https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount
#GoMining #NFT #BurnMint
🔥 2,467,320 GOMINING tokens were burned;
🔨 2,047,875 GOMINING tokens have since been minted.
They were allocated as follows:
⚡️ 1,331,119 to the Service Provider;
🔒 409,575 to the owners of veGOMINING votes;
🪙 204,788 to GoMining Rewards;
👥 102,394 to the GoMining team.
The voting results for the 46th cycle are:
📌 Extra Solo mining discount is 2.49%;
📌 Pool mining multiplier is 1.01х;
📌 The Greedy Machines power has increased by 0.13% for each NFT sold from this collection.
🎊 Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.
🤝 Enhance Your Savings:
Apply your GOMINING tokens for NFT upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!
Discover how to leverage these advantages here 👉 https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount
#GoMining #NFT #BurnMint
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Join the KuCoin AMA with GoMining, $555 in GOMINING & 3 NFT Miners (worth $900) will be given away!
⏰ Date: July 4, 2024 at 12:00 PM (UTC+2)
📍 KuCoin Twitter Space
💬 Speakers: GoMining CEO Mark Zalan & KuCoin Europe Business Development Lead Dorian Vincileoni
⚙️ Our speakers will cover the future of Bitcoin, particularly the long-term prospects of BTC, and what potential value GoMining can add to the development of the Bitcoin ecosystem. They will also discuss the consequences of the recent halving for miners.
🔥 Mark Zalan will additionally talk about GoMining's unique tokenomics. Stay tuned, because you definitely don't want to miss that!
🗣 Keep in mind that after the discussion wraps up, you'll have the opportunity to ask any questions you may have.
🎁 The individuals who send in the 10 best questions will receive GOMINING tokens, while the very best of the best will also take home 3 NFT miners (worth $900)!
❗️Please note that to participate, you need to submit your questions via the Gleam form below!
👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
The top questions will be handpicked by our speakers after the event.
All winners will be rewarded within 3 days🎁
Sign up on KuCoin to receive your rewards.
#KuCoinAMA #GoMiningAMA
⏰ Date: July 4, 2024 at 12:00 PM (UTC+2)
📍 KuCoin Twitter Space
💬 Speakers: GoMining CEO Mark Zalan & KuCoin Europe Business Development Lead Dorian Vincileoni
⚙️ Our speakers will cover the future of Bitcoin, particularly the long-term prospects of BTC, and what potential value GoMining can add to the development of the Bitcoin ecosystem. They will also discuss the consequences of the recent halving for miners.
🔥 Mark Zalan will additionally talk about GoMining's unique tokenomics. Stay tuned, because you definitely don't want to miss that!
🗣 Keep in mind that after the discussion wraps up, you'll have the opportunity to ask any questions you may have.
🎁 The individuals who send in the 10 best questions will receive GOMINING tokens, while the very best of the best will also take home 3 NFT miners (worth $900)!
❗️Please note that to participate, you need to submit your questions via the Gleam form below!
👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
The top questions will be handpicked by our speakers after the event.
All winners will be rewarded within 3 days🎁
Sign up on KuCoin to receive your rewards.
#KuCoinAMA #GoMiningAMA
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Crypto World Highlights for July 3rd
-Market Trends and Trading Insights
Bitcoin's trend change decision is pegged at $65,000, where short-term traders break even and leveraged shorts risk major washouts.
Despite the U.S. dollar's strength, Bitcoin remains resilient, showing stability amid broader financial market fluctuations.
Bitcoin traders are positioning for a "Bullish July," as BTC ETFs record $124M in inflows, reflecting optimism based on historical July performance.
Spot Bitcoin ETFs saw their largest inflow in a month at $129 million, indicating growing investor confidence as historically positive July seasonality approaches.
-Corporate Performance and Strategies
CleanSpark exceeded its mid-year hashrate target, mining 445 bitcoins last month and reaching an operational hashrate of 20 EH/s.
Over 50% of U.S. hedge funds now have exposure to Bitcoin, with BTC outperforming stocks in 2024; Millennium Management is notably invested.
-Regulatory and Legal Developments
Ethereum products see the highest outflows since 2022 ahead of the anticipated Ether ETFs, recording $60 million in net outflows each week.
Celsius Network has initiated legal actions to recover funds from pre-bankruptcy withdrawals, targeting those with significant Withdrawal Preference Exposure.
-Government Actions and Economic Policies
The German government has transferred another $52M in Bitcoin, potentially increasing market selling pressure as plans to sell its substantial BTC holdings unfold.
Polkadot's treasury spending has been scrutinized, with current rates indicating it will last 2 years at the current expenditure, primarily on marketing activities.
-Innovations and Future Prospects
Robinhood is gearing up to list crypto futures in the U.S. and Europe, utilizing Bitstamp's licenses to offer perpetual futures, signaling expansion and adaptation in response to evolving market demands.
#GoMining #MarketNews
-Market Trends and Trading Insights
Bitcoin's trend change decision is pegged at $65,000, where short-term traders break even and leveraged shorts risk major washouts.
Despite the U.S. dollar's strength, Bitcoin remains resilient, showing stability amid broader financial market fluctuations.
Bitcoin traders are positioning for a "Bullish July," as BTC ETFs record $124M in inflows, reflecting optimism based on historical July performance.
Spot Bitcoin ETFs saw their largest inflow in a month at $129 million, indicating growing investor confidence as historically positive July seasonality approaches.
-Corporate Performance and Strategies
CleanSpark exceeded its mid-year hashrate target, mining 445 bitcoins last month and reaching an operational hashrate of 20 EH/s.
Over 50% of U.S. hedge funds now have exposure to Bitcoin, with BTC outperforming stocks in 2024; Millennium Management is notably invested.
-Regulatory and Legal Developments
Ethereum products see the highest outflows since 2022 ahead of the anticipated Ether ETFs, recording $60 million in net outflows each week.
Celsius Network has initiated legal actions to recover funds from pre-bankruptcy withdrawals, targeting those with significant Withdrawal Preference Exposure.
-Government Actions and Economic Policies
The German government has transferred another $52M in Bitcoin, potentially increasing market selling pressure as plans to sell its substantial BTC holdings unfold.
Polkadot's treasury spending has been scrutinized, with current rates indicating it will last 2 years at the current expenditure, primarily on marketing activities.
-Innovations and Future Prospects
Robinhood is gearing up to list crypto futures in the U.S. and Europe, utilizing Bitstamp's licenses to offer perpetual futures, signaling expansion and adaptation in response to evolving market demands.
#GoMining #MarketNews
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🎉 We're thrilled to announce the winners of the meme contest!😃
We had a lot of participants who submitted some totally amazing work, including drawings, songs, and videos. Thank you for your creativity and imagination!
Our Winners:
🥇 1st Place and 500 GOMINING tokens go to @Brianworkerr and his stellar work #GoMining TO MARS. Your meticulous and painstaking effort didn't go unnoticed; hats off to you.
🥈 2nd Place: 300 GOMINING tokens for a funny meme by @TeeposhT.
🥉 3rd Place: 200 GOMINING tokens go to a heartwarming meme by @aripudin99.
🎖️ 4th-6th Place: 1TH NFT each go to
meme #4 by @MihanCryptoman,
meme #5 by @Luiz_Flavio, and
meme #6 by @zoroweb3.
🏆 Winners, please contact us on Twitter to confirm your User ID.
😀 Thank you to everyone who participated, it was truly fun, and we had a tough time choosing the winners!🙌
Don't be discouraged if you didn't win this time because a new contest is just around the corner.
Stay tuned to our social media, and subscribe to our Telegram News channel where we post the hottest updates! 🔥
🚀 Stay connected to always be in the loop about GoMining events and mining market news.
#GoMining #NFT #MemeContest
We had a lot of participants who submitted some totally amazing work, including drawings, songs, and videos. Thank you for your creativity and imagination!
Our Winners:
🥇 1st Place and 500 GOMINING tokens go to @Brianworkerr and his stellar work #GoMining TO MARS. Your meticulous and painstaking effort didn't go unnoticed; hats off to you.
🥈 2nd Place: 300 GOMINING tokens for a funny meme by @TeeposhT.
🥉 3rd Place: 200 GOMINING tokens go to a heartwarming meme by @aripudin99.
🎖️ 4th-6th Place: 1TH NFT each go to
meme #4 by @MihanCryptoman,
meme #5 by @Luiz_Flavio, and
meme #6 by @zoroweb3.
🏆 Winners, please contact us on Twitter to confirm your User ID.
😀 Thank you to everyone who participated, it was truly fun, and we had a tough time choosing the winners!🙌
Don't be discouraged if you didn't win this time because a new contest is just around the corner.
Stay tuned to our social media, and subscribe to our Telegram News channel where we post the hottest updates! 🔥
🚀 Stay connected to always be in the loop about GoMining events and mining market news.
#GoMining #NFT #MemeContest
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🚨 Reminder! Join the KuCoin AMA with GoMining TODAY!
Don't miss out on the chance to win $555 in GOMINING tokens & 3 NFT Miners (worth $900)!
⏰ Date: Today, July 4, 2024
🕛 Time: 12:00 PM (UTC+2)
📍 KuCoin Twitter Space
🎙 Speakers:
GoMining CEO Mark Zalan
KuCoin Europe Business Dev Lead Dorian Vincileoni
💬 Topics:
📍Future of Bitcoin & BTC prospects
📍Impact of recent halving on miners
📍Unique tokenomics of GoMining
🎁 Submit your questions via Gleam for a chance to win big prizes! 👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
#KuCoinAMA #GoMiningAMA #CryptoGiveaway #Bitcoin #CryptoEvents
Don't miss out on the chance to win $555 in GOMINING tokens & 3 NFT Miners (worth $900)!
⏰ Date: Today, July 4, 2024
🕛 Time: 12:00 PM (UTC+2)
📍 KuCoin Twitter Space
🎙 Speakers:
GoMining CEO Mark Zalan
KuCoin Europe Business Dev Lead Dorian Vincileoni
💬 Topics:
📍Future of Bitcoin & BTC prospects
📍Impact of recent halving on miners
📍Unique tokenomics of GoMining
🎁 Submit your questions via Gleam for a chance to win big prizes! 👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
#KuCoinAMA #GoMiningAMA #CryptoGiveaway #Bitcoin #CryptoEvents
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GoMining News
🚨 Reminder! Join the KuCoin AMA with GoMining TODAY! Don't miss out on the chance to win $555 in GOMINING tokens & 3 NFT Miners (worth $900)! ⏰ Date: Today, July 4, 2024 🕛 Time: 12:00 PM (UTC+2) 📍 KuCoin Twitter Space 🎙 Speakers: GoMining CEO Mark Zalan…
🚨 Reminder! The KuCoin AMA with GoMining starts in 1 hour! 🚀
🎙 Don't miss GoMining CEO Mark Zalan & KuCoin's Dorian Vincileoni discussing Bitcoin's future, recent halving impacts, and GoMining's tokenomics.
🎁 Win $555 in GOMINING tokens & 3 NFT Miners! Submit your questions here 👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
⏰ Today at 12:00 PM (UTC+2) on KuCoin Twitter Space 👀
#KuCoin #GoMining #AMA #Giveaway
🎙 Don't miss GoMining CEO Mark Zalan & KuCoin's Dorian Vincileoni discussing Bitcoin's future, recent halving impacts, and GoMining's tokenomics.
🎁 Win $555 in GOMINING tokens & 3 NFT Miners! Submit your questions here 👉 https://gleam.io/mRlf2/kucoin-gomining-giveaway
⏰ Today at 12:00 PM (UTC+2) on KuCoin Twitter Space 👀
#KuCoin #GoMining #AMA #Giveaway
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🚀 Reminder: Don't miss our GOMINING token promo on the TON network! 🎉
GOMINING tokens are now available on the TON network. To celebrate, we're offering an exclusive 5% cashback for TON users! 🤑
🗓 Promo Duration: July 1st - July 8th 12:00 PM UTC.
🏆 Eligibility: Spend GOMINING tokens on the TON network by creating digital miners in the "Create Miner" section or purchasing upgrades.
💰 Cashback: Paid at the end of the promo period in GOMINING to your virtual wallet.
Bonus! One winner will receive a GoMiner avatar at the end of the promo.
📋How to Buy GOMINING on TON:
Link your TON wallet if you haven't done so yet. Here's a guide on 👉 how to add a TON wallet 👀
Buy your GOMINING on TON. You can buy GOMINING on TON using crypto or credit card payments 👉 here 👀
❗️IMPORTANT! Choose your TON wallet address as a recipient address.
How to Take Part:
📍Make your choice: Select the miner or upgrade you want to purchase.
📍Choose your payment method: Select "By crypto" and then choose "GOMINING."
📍Proceed to payment: Click "Pay" to be redirected to the payment gateway.
📍Select network: Choose the TON network.
📍Complete payment: Follow the prompts to pay for your purchase.
Don't miss out on great savings! 🔥
Note! The cashback is only valid for purchases made in the "Create Miner" section and does not apply to the secondary market and electricity payments.
#GoMining #Miner #TON
GOMINING tokens are now available on the TON network. To celebrate, we're offering an exclusive 5% cashback for TON users! 🤑
🗓 Promo Duration: July 1st - July 8th 12:00 PM UTC.
🏆 Eligibility: Spend GOMINING tokens on the TON network by creating digital miners in the "Create Miner" section or purchasing upgrades.
💰 Cashback: Paid at the end of the promo period in GOMINING to your virtual wallet.
Bonus! One winner will receive a GoMiner avatar at the end of the promo.
📋How to Buy GOMINING on TON:
Link your TON wallet if you haven't done so yet. Here's a guide on 👉 how to add a TON wallet 👀
Buy your GOMINING on TON. You can buy GOMINING on TON using crypto or credit card payments 👉 here 👀
❗️IMPORTANT! Choose your TON wallet address as a recipient address.
How to Take Part:
📍Make your choice: Select the miner or upgrade you want to purchase.
📍Choose your payment method: Select "By crypto" and then choose "GOMINING."
📍Proceed to payment: Click "Pay" to be redirected to the payment gateway.
📍Select network: Choose the TON network.
📍Complete payment: Follow the prompts to pay for your purchase.
Don't miss out on great savings! 🔥
Note! The cashback is only valid for purchases made in the "Create Miner" section and does not apply to the secondary market and electricity payments.
#GoMining #Miner #TON
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Crypto World Highlights for July 4th
-Market Conditions and Bitcoin's Price Movement
Bitcoin trades below $61,000 as equity indices hit new highs, with the S&P 500 reaching an all-time high of 5,509, despite Federal Reserve Chair Jerome Powell's remarks on inflation progress.
Miner capitulation levels are now similar to those at the end of 2022, signaling a potential market bottom similar to post-FTX implosion, according to CryptoQuant.
Bitcoin's volatility is compressing, suggesting an upcoming sharp range expansion, indicating an “enthusiastic” trading phase.
-Historical Trends and Predictions
Historical data shows Bitcoin price surges following halving events, indicating a consistent trend of cyclical surges post-halving.
-Regulatory and Political Landscapes
Ahead of the U.K. election, major parties remain silent on crypto issues, with no significant discussion or campaign promises concerning cryptocurrency regulation or policies.
-Mining and Environmental Impact
Bitcoin miners like Marathon and Riot have doubled their hashrate year-over-year, along with other firms reporting various levels of growth.
Big Tech companies have produced more carbon emissions since 2019 than all bitcoin mining combined, raising concerns about the environmental impact of emerging technologies like AI.
-Market Liquidity and Government Actions
BloFin analysts warn of low crypto market liquidity amid macroeconomic shifts, noting that Bitcoin faces high downward risk if an unexpected event occurs.
The U.S. and German governments have transferred $738M in Bitcoin to exchanges over the last two weeks, potentially signaling either a market top or bottom.
-Corporate Acquisitions and Innovations
Consensys has acquired Wallet Guard Safety Tool, integrating new technology and talent to enhance MetaMask's security features.
#GoMining #MarketNews
-Market Conditions and Bitcoin's Price Movement
Bitcoin trades below $61,000 as equity indices hit new highs, with the S&P 500 reaching an all-time high of 5,509, despite Federal Reserve Chair Jerome Powell's remarks on inflation progress.
Miner capitulation levels are now similar to those at the end of 2022, signaling a potential market bottom similar to post-FTX implosion, according to CryptoQuant.
Bitcoin's volatility is compressing, suggesting an upcoming sharp range expansion, indicating an “enthusiastic” trading phase.
-Historical Trends and Predictions
Historical data shows Bitcoin price surges following halving events, indicating a consistent trend of cyclical surges post-halving.
-Regulatory and Political Landscapes
Ahead of the U.K. election, major parties remain silent on crypto issues, with no significant discussion or campaign promises concerning cryptocurrency regulation or policies.
-Mining and Environmental Impact
Bitcoin miners like Marathon and Riot have doubled their hashrate year-over-year, along with other firms reporting various levels of growth.
Big Tech companies have produced more carbon emissions since 2019 than all bitcoin mining combined, raising concerns about the environmental impact of emerging technologies like AI.
-Market Liquidity and Government Actions
BloFin analysts warn of low crypto market liquidity amid macroeconomic shifts, noting that Bitcoin faces high downward risk if an unexpected event occurs.
The U.S. and German governments have transferred $738M in Bitcoin to exchanges over the last two weeks, potentially signaling either a market top or bottom.
-Corporate Acquisitions and Innovations
Consensys has acquired Wallet Guard Safety Tool, integrating new technology and talent to enhance MetaMask's security features.
#GoMining #MarketNews
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