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#Dictionary Makers
π Traders who place limit orders to buy or sell. They create liquidity on the exchange by offering their trades to other participants.
π Market Order β an order to buy or sell that is executed immediately at the current market price.
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#CryptoMeme
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#Dictionary Takers
π Traders who execute market orders. They remove liquidity from the exchange by taking trades already listed in the order book.
π« Stop-Limit Order β a limit order that is triggered and placed in the order book when the price reaches a specified level (stop price).
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On May 18, 2010, Laszlo Hanyecz made a famous offer, proposing 10,000 #BTC to anyone who would bring him a couple of pizzas. This day has since become known as #PizzaDay and has inspired countless memes.
Today, those pizzas would be worth over 670 million dollars, a sum beyond the wildest dreams of any sheikh
#CryptoNews
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Today, the decision of the High Court of London was published regarding the case that began in February. Since 2016, Craig Wright has claimed to be Satoshi and has made various attempts to claim intellectual property rights to the #BTC code.
However, the judge has now officially declared the evidence presented by Wright as falsified and his claim to be Satoshi Nakamoto as false
A great reason to revisit our investigation into the identity of Satoshi, for those who haven't read it yet
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For now, the decision will only apply to VanEck.
For the largest contender for launching ETH ETFs, #BlackRock, the review period is set for August 7.
Meanwhile, QCP Capital believes that if the spot ETH ETF is approved, we can expect #ethereum to reach $5000 this year.
#CryptoNews #Opinion
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Mathematician Massimiliano Sala, in his presentation for the issuer of #XRP, explained that quantum computers could easily solve the problems underlying digital signatures. This poses a threat to the entire concept of blockchain and the reliability of this technology.
Modern computers would take approximately 14 billion years of computations to break a cryptographic key. A quantum computer, which is expected to emerge within the next 10 years, could do this in 8 hours
#CryptoNews
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Certain coins are experiencing up to 161% growth due to speculative news
Meanwhile, forecasts for the price of #ETH, in the event of an ETF launch, predict it reaching $14,000 by the end of next year
#CryptoNews
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A wide range of cryptocurrencies are accepted for donations, including #memecoins. Whether Donald Trump accepts the #TREMP token is still unclear.
Meanwhile, the #SEC's shift on #ETH is being linked to the Democratic Party's attempt to win over the crypto community from Trump
#CryptoNews
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In the past 24 hours, the #memecoin has risen by 22%, with its market capitalization approaching $6 billion.
Who's holding PEPE, and what prospects do you see?
#CryptoNews
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#Opinion
π· Analyst Eric Balchunas from #Bloomberg believes that the #SEC decision on the #Ethereum #ETF can be expected around 23:00 (GMT+3)
In January, the approval for the launch of a #BTC ETF was published around the same timeπ°
In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.
So, #ETH to the moon?π
π₯ β yes
π β no
In January, the approval for the launch of a #BTC ETF was published around the same time
In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.
So, #ETH to the moon?
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However, a SOL ETF might face several difficulties since there are no futures ETFs for SOL yet, and the #SEC has recognized #Solana as a security.
Meanwhile, #ETH has managed to break through $3,900
#CryptoNews
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In an attempt to pump his #shitcoin, he poured alcohol on himself and asked a friend to shoot fireworks at him.
The injured party was hospitalized, and the token's value dropped
At least it wasn't another #momcoin.
#CryptoNews
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πͺ¦ The #DOGE symbol is no more
In Japan, #Kabosu, the Shiba Inu dog who became the face of countless memes and the ambassador for #dogecoin, has passed away.
The dog lived for 18.5 years, which is quite impressive by canine standards. Let's remember Kabosu and thank her for her contribution to internet and crypto cultureπ§
#CryptoNews
In Japan, #Kabosu, the Shiba Inu dog who became the face of countless memes and the ambassador for #dogecoin, has passed away.
The dog lived for 18.5 years, which is quite impressive by canine standards. Let's remember Kabosu and thank her for her contribution to internet and crypto culture
#CryptoNews
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Yesterday, bill β237585-8 "On Amendments to Certain Legislative Acts of the Russian Federation (in terms of digital currency regulation)" was discussed. The bill proposes:
What could this lead to?
#KickEX CEO Anti Danilevski presented proposals for the law under consideration. The main points:
This will help keep capital in Russia, allow exchanges to accumulate cryptocurrency, which can be used in international settlements, and prevent money laundering and capital outflow through mining.
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Today you will learn about the hype around #GameStop and how the little guys knocked down Wall Street a few pegs and created the first economic flash mob in history
Letβs start from the beginning. In 2021, GameStop was engaged in retail sales of discs, consoles, and other gaming stuff. Since 2015, it had started to experience difficulties with its existing business model, which is understandable given that digital distribution of games had been putting pressure on physical media and offline retail for several years. Furthermore, amid the pandemic, the company's shares fell to a historic low of $4.5 each
It's not hard to guess that with such results and economic prospects, GameStop became an excellent target for short-sellers from major funds
Everything would have been fine, but the situation GameStop was in caught the attention of Reddit traders, who saw an injustice in the fact that the "big guys" on Wall Street were profiting from a dying company. Without much hesitation, the guys from Reddit decided to teach the boomers a lesson
The "mom's basement traders" from the subreddit r/wallstreetbets started buying up options on GameStop shares under the slogans "Save gamers' honor" and "Punish the hedge fund piranhas." And the more options that were bought, the more the stock price rose. The losses of the hedge funds that bet on the decline exceeded $5 billion, and many had to attract borrowed funds to stabilize. In short, poor Norwegian pensioners were unlucky once again
The situation worsened when the meme lord himself, Elon Musk, joined the party. With his tweet, he doubled the price of GameStop shares, and apparently, it was then that he realized that Twitter could be used not only for jokes about trampolines.
Stay tuned for more tomorrow, and in the meantime, send this post to your friend who also doesn't understand what #GME is and why the revived Twitter guy in the red bandana is pumping #memecoins
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