🏆Win a $600 ticket to Bitcoin Nashville 2024 event
📈Bitcoin transaction fees surged from $1.5 in 2022 to $8.8 in 2024, highlighting the need for Bitcoin L2s to reduce congestion and costs.
✏️Go to Twitter and share your thoughts about this under this tweet for a chance to win 1 of the 3 tickets to the festival.
📕You can find the full set of rules here.
📈Bitcoin transaction fees surged from $1.5 in 2022 to $8.8 in 2024, highlighting the need for Bitcoin L2s to reduce congestion and costs.
✏️Go to Twitter and share your thoughts about this under this tweet for a chance to win 1 of the 3 tickets to the festival.
📕You can find the full set of rules here.
🚀5 out of 6 Stacks Week questions are out!
✅Win a ticket to the Bitcoin Nashville 2024 festival by following these rules:
- Follow Satoshi Club & Stacks
- Like & RT all the Stacks Week Tweets
- Reply to each tweet from this list with your thoughts related to the post
✅Win a ticket to the Bitcoin Nashville 2024 festival by following these rules:
- Follow Satoshi Club & Stacks
- Like & RT all the Stacks Week Tweets
- Reply to each tweet from this list with your thoughts related to the post
🇺🇸Donald Trump is considering BlackRock CEO Larry Fink as Treasury Secretary
Larry Fink, known for his influence in the financial sector and BlackRock's significant holdings in cryptocurrencies, has emerged as a potential pick. This choice signals Trump's continued interest in aligning with influential figures in the crypto industry.
Jamie Dimon, CEO of JPMorgan Chase, and billionaire hedge fund manager John Paulson are 2 other possible options for trump to choose from.
Larry Fink, known for his influence in the financial sector and BlackRock's significant holdings in cryptocurrencies, has emerged as a potential pick. This choice signals Trump's continued interest in aligning with influential figures in the crypto industry.
Jamie Dimon, CEO of JPMorgan Chase, and billionaire hedge fund manager John Paulson are 2 other possible options for trump to choose from.
📈NFT sales maintain their upward momentum, with the total sales volume exceeding $107 million recently
This growth is driven by notable NFT collections and increased adoption across various sectors such as digital art, gaming, and virtual real estate. Data from the last week shows a steady increase in both the number of unique buyers and the average price per NFT, the number of buyers last month reaching 488,141. The numbers of sellers also grew by 69%, to a total of 198,450.
Ethereum remains the leading blockchain for NFT transactions, followed by other networks like Solana and Flow.
This growth is driven by notable NFT collections and increased adoption across various sectors such as digital art, gaming, and virtual real estate. Data from the last week shows a steady increase in both the number of unique buyers and the average price per NFT, the number of buyers last month reaching 488,141. The numbers of sellers also grew by 69%, to a total of 198,450.
Ethereum remains the leading blockchain for NFT transactions, followed by other networks like Solana and Flow.
⚽️Real Bedford FC has acquired $4.5 million worth of Bitcoin, aiming to reach the Premier League
The purchase increases their holdings to 82.7 BTC, worth about $5.37 million. Club Chairman Peter McCormack emphasizes the move for financial stability and sustainability.
Supported by Gemini founders Cameron and Tyler Winklevoss, the investment bolsters the club's strategy to become the first Bitcoin Club and secure long-term success.
The purchase increases their holdings to 82.7 BTC, worth about $5.37 million. Club Chairman Peter McCormack emphasizes the move for financial stability and sustainability.
Supported by Gemini founders Cameron and Tyler Winklevoss, the investment bolsters the club's strategy to become the first Bitcoin Club and secure long-term success.
🔥BLOCKLORDS Goes Live on Top Tier CEXs
BLOCKLORDS, developed by MetaKing Studios, is a Web3 medieval grand strategy game with a player-driven narrative.
The project offers diverse playstyles like farming, fighting, and ruling. Innovative gameplay mechanics challenge players, creating a dynamic experience close to the one of triple-A games⚔️
The player-powered economy adds realism, while strategic choices impact alliances and outcomes, making the ending unpredictable.
💸Multiple currencies, including LRDS, ALE, and Influence, are vital for the ecosystem. LRDS plays a dual role in gameplay and governance, rewarding strategic play and community engagement.
ALE, exclusive to the Dynasty system, serves as the core of the economy. The Brewery transforms harvested Grain into ALE, requiring time, strategy, and Hero involvement.
The game embraces blockchain integration, setting it apart in the realm of strategy gaming, but traditional players are not required to understand NFTs and the Web3 features of the game🚀
P.S. — The platform's governance token, LRDS, will go live on several exchanges (including MEXC, Kucoin and Gate) TODAY at 13 pm UTC.
For more information, check out the links below👇
Website | Twitter | Telegram | Discord
#NFA #DYOR
BLOCKLORDS, developed by MetaKing Studios, is a Web3 medieval grand strategy game with a player-driven narrative.
The project offers diverse playstyles like farming, fighting, and ruling. Innovative gameplay mechanics challenge players, creating a dynamic experience close to the one of triple-A games⚔️
The player-powered economy adds realism, while strategic choices impact alliances and outcomes, making the ending unpredictable.
💸Multiple currencies, including LRDS, ALE, and Influence, are vital for the ecosystem. LRDS plays a dual role in gameplay and governance, rewarding strategic play and community engagement.
ALE, exclusive to the Dynasty system, serves as the core of the economy. The Brewery transforms harvested Grain into ALE, requiring time, strategy, and Hero involvement.
The game embraces blockchain integration, setting it apart in the realm of strategy gaming, but traditional players are not required to understand NFTs and the Web3 features of the game🚀
P.S. — The platform's governance token, LRDS, will go live on several exchanges (including MEXC, Kucoin and Gate) TODAY at 13 pm UTC.
For more information, check out the links below👇
Website | Twitter | Telegram | Discord
#NFA #DYOR
🚀Ethereum ETFs had a total inflow of $107M in the first day of trading, and a volume of $1.1B
Grayscale ETHE led with $39.7 million, followed by Bitwise ETHW with $25.5 million, BlackRock ETHA with $22.5 million, and Fidelity FETH with $15.2 million.
Wintermute estimates Ethereum ETFs could attract up to $4 billion in inflows over the next year, lower than most analysts' predictions of $4.5 billion to $6.5 billion. Citi Bank estimates Ethereum spot ETFs could see net inflows of $4.7 billion to $5.4 billion over six months, about 30%-35% of Bitcoin ETF inflows while JPMorgan are on the more pessimist side, with a prediction of $3B inflow until the end of the year.
Grayscale ETHE led with $39.7 million, followed by Bitwise ETHW with $25.5 million, BlackRock ETHA with $22.5 million, and Fidelity FETH with $15.2 million.
Wintermute estimates Ethereum ETFs could attract up to $4 billion in inflows over the next year, lower than most analysts' predictions of $4.5 billion to $6.5 billion. Citi Bank estimates Ethereum spot ETFs could see net inflows of $4.7 billion to $5.4 billion over six months, about 30%-35% of Bitcoin ETF inflows while JPMorgan are on the more pessimist side, with a prediction of $3B inflow until the end of the year.
⛏Bitcoin miner MARA, recently rebranded from Marathon Digital, purchased $100 million worth of Bitcoin, raising its holdings to over 20,000 BTC
This represents nearly 0.1% of bitcoin's total supply. MARA will adopt a full "HODL" strategy, retaining all mined bitcoin and making periodic purchases.
The acquisition likely involved around 1,500 BTC bought between $54,000 and $68,000. MARA aims to leverage its balance sheet and capital markets for future operations, reflecting confidence in bitcoin's long-term value.
This represents nearly 0.1% of bitcoin's total supply. MARA will adopt a full "HODL" strategy, retaining all mined bitcoin and making periodic purchases.
The acquisition likely involved around 1,500 BTC bought between $54,000 and $68,000. MARA aims to leverage its balance sheet and capital markets for future operations, reflecting confidence in bitcoin's long-term value.
💰The Michigan Pension Fund has invested $6.6 million in the ARK 21Shares Bitcoin ETF
This move follows similar investments by Wisconsin and Jersey City, highlighting a growing trend of institutional adoption of cryptocurrency.
The investment shows increasing confidence in Bitcoin's potential as part of traditional investment portfolios, indicating a broader acceptance of digital assets.
This move follows similar investments by Wisconsin and Jersey City, highlighting a growing trend of institutional adoption of cryptocurrency.
The investment shows increasing confidence in Bitcoin's potential as part of traditional investment portfolios, indicating a broader acceptance of digital assets.
📈Solana has surpassed BNB to become the fourth-largest cryptocurrency by market cap
This milestone was achieved with SOL's market value increasing by 8.4% in the last 24 hours, reaching a 30-day gain of over 30%.
The surge is fueled by optimism about potential SOL ETFs in 2025 and strong market performance. Solana now ranks as the third largest non-stablecoin cryptocurrency, following Bitcoin and Ethereum.
This milestone was achieved with SOL's market value increasing by 8.4% in the last 24 hours, reaching a 30-day gain of over 30%.
The surge is fueled by optimism about potential SOL ETFs in 2025 and strong market performance. Solana now ranks as the third largest non-stablecoin cryptocurrency, following Bitcoin and Ethereum.
🔥$HEM Presale Started
Hemera Trading offers a comprehensive set of tools and services for cryptocurrency trading on Binance and Bybit.
The project has created an ecosystem where users can:
📲 Trade on Telegram: Execute & analyze trades directly via our Telegram bot.
🦾 Create Custom Bots: Automate and personalize your own trading strategies.
🔧 Automate Strategies: Implement and optimize our proven trading strategies.
🛠 Design Strategies: Build, backtest, and refine your own trading approach.
With their advanced crypto bots, copy trading, and AI tools, Hemera provides everything an investor might need to succeed in the crypto world.
$HEM is the native utility token of the ecosystem, designed to enhance user experience and engagement. It provides several key benefits:
💎 Utility within Hemera: Access premium features, pay for services, and use various trading tools.
💰 Staking and Rewards: Earn passive income and gain additional benefits by staking HEM Tokens.
🔖 Discounted Fees: Enjoy lower trading fees and transaction costs within the Hemera platform.
🗳 Governance and Voting: Participate in platform governance and decision-making processes.
🔐 Exclusive Access: Unlock advanced features, premium market analysis, and early access to new tools.
The token is now in presale, with almost 10 ETH out of 25 already raised. For more information about Hemera and their presale check out the links below👇
Website | Telegram | Twitter | Discord | Presale
#NFA #DYOR
Hemera Trading offers a comprehensive set of tools and services for cryptocurrency trading on Binance and Bybit.
The project has created an ecosystem where users can:
📲 Trade on Telegram: Execute & analyze trades directly via our Telegram bot.
🦾 Create Custom Bots: Automate and personalize your own trading strategies.
🔧 Automate Strategies: Implement and optimize our proven trading strategies.
🛠 Design Strategies: Build, backtest, and refine your own trading approach.
With their advanced crypto bots, copy trading, and AI tools, Hemera provides everything an investor might need to succeed in the crypto world.
$HEM is the native utility token of the ecosystem, designed to enhance user experience and engagement. It provides several key benefits:
💎 Utility within Hemera: Access premium features, pay for services, and use various trading tools.
💰 Staking and Rewards: Earn passive income and gain additional benefits by staking HEM Tokens.
🔖 Discounted Fees: Enjoy lower trading fees and transaction costs within the Hemera platform.
🗳 Governance and Voting: Participate in platform governance and decision-making processes.
🔐 Exclusive Access: Unlock advanced features, premium market analysis, and early access to new tools.
The token is now in presale, with almost 10 ETH out of 25 already raised. For more information about Hemera and their presale check out the links below👇
Website | Telegram | Twitter | Discord | Presale
#NFA #DYOR
🔥U.S. Senator Cynthia Lummis has introduced a bill that proposes the U.S. Treasury purchase 1 million Bitcoin, valued at approximately $67 billion
This initiative is part of her broader effort to integrate Bitcoin into the national financial strategy.
The announcement was made at the Bitcoin 2024 conference and reflects her long-standing support for the cryptocurrency.
This initiative is part of her broader effort to integrate Bitcoin into the national financial strategy.
The announcement was made at the Bitcoin 2024 conference and reflects her long-standing support for the cryptocurrency.
🇺🇸The U.S. government has transferred around $2 billion worth of Bitcoin connected to the Silk Road marketplace in multiple transactions
This Bitcoin was seized during the crackdown on the marketplace's illicit activities.
The movement of these funds has led to speculation about potential auctions or other uses for the seized assets by the government.
This Bitcoin was seized during the crackdown on the marketplace's illicit activities.
The movement of these funds has led to speculation about potential auctions or other uses for the seized assets by the government.
📉ZKX protocol has announced its discontinuation due to financial difficulties and low user engagement after raising $7.6M total funding
Founded in 2021, ZKX aimed to create a scalable decentralized exchange for perpetual trading. ZKX previously received backing from Huobi, Crypto,com, and the Co-Founder of Polygon.
All markets have been delisted, and users are encouraged to withdraw their funds by the end of August. The protocol's struggles include minimal trading volumes, high operational costs, and declining token value.
Founded in 2021, ZKX aimed to create a scalable decentralized exchange for perpetual trading. ZKX previously received backing from Huobi, Crypto,com, and the Co-Founder of Polygon.
All markets have been delisted, and users are encouraged to withdraw their funds by the end of August. The protocol's struggles include minimal trading volumes, high operational costs, and declining token value.
🚀Tether has made $5.2B net profit in the first half of 2024, more than some of the biggest companies in the world
And they achieved all that with less than 100 employees. They are generating $20K each second, allowing them to invest most of their money into Bitcoin.
They own 75,354 $BTC, worth $5B and $3.8B worth of gold, and also $97B in U.S. Treasuries, occupying the 20th spot in the world.
And they achieved all that with less than 100 employees. They are generating $20K each second, allowing them to invest most of their money into Bitcoin.
They own 75,354 $BTC, worth $5B and $3.8B worth of gold, and also $97B in U.S. Treasuries, occupying the 20th spot in the world.
📉U.S. spot Bitcoin ETFs experienced their largest single-day outflow in 90 days on 2 August, recording $237.45 million outflows
Grayscale's recently-launched Bitcoin Mini Trust BTC was one of only two ETFs to log an inflow, netting a modest $9.88 million in additional funds. BlackRock's IBIT, the other ETF on the positive side, saw inflows of nearly $43 million
Grayscale's recently-launched Bitcoin Mini Trust BTC was one of only two ETFs to log an inflow, netting a modest $9.88 million in additional funds. BlackRock's IBIT, the other ETF on the positive side, saw inflows of nearly $43 million
💪DeFi Remains Strong
What we’re seeing today is an absolute all-around carnage. But there’s at least something good to note here, and it’s something that can be tested only in times like these:
The DeFi ecosystem stands absolutely unaffected (for now). We’re seeing dumps in prices, of course, but more importantly, there are no major stablecoin or LST depegs. Let’s hope everything continues on this trend because we all know a DeFi blow-up is the last thing we need right now.
Not only that, but DeFi protocols like AAVE thrive under pressure and activity. As of the last 24 hours, AAVE made a nice $6M worth of revenue.
What we’re seeing today is an absolute all-around carnage. But there’s at least something good to note here, and it’s something that can be tested only in times like these:
The DeFi ecosystem stands absolutely unaffected (for now). We’re seeing dumps in prices, of course, but more importantly, there are no major stablecoin or LST depegs. Let’s hope everything continues on this trend because we all know a DeFi blow-up is the last thing we need right now.
Not only that, but DeFi protocols like AAVE thrive under pressure and activity. As of the last 24 hours, AAVE made a nice $6M worth of revenue.
💰Capula Management, Europe’s fourth-largest hedge fund, bought almost $500 million worth of Bitcoin ETFs
Capula management acquired 4,022,346 shares in the Fidelity Wise Origin Bitcoin ETF (FBTC) and 7,419,208 shares in BlackRock’s iShares Bitcoin Fund (IBIT), totaling about $464 million.
This significant purchase indicates Capula's strong belief in Bitcoin's resilience, even amid recent market turbulence.
Capula management acquired 4,022,346 shares in the Fidelity Wise Origin Bitcoin ETF (FBTC) and 7,419,208 shares in BlackRock’s iShares Bitcoin Fund (IBIT), totaling about $464 million.
This significant purchase indicates Capula's strong belief in Bitcoin's resilience, even amid recent market turbulence.
🇧🇷Brazil has approved the launch of the first-ever physical Solana ETF
This fund, managed by Vortex, will be available on the B3 stock exchange.
It’s a major milestone not just for Brazil, but globally, as it opens up new ways for people to invest in Solana through traditional financial markets.
This ETF is based on the CME CF Solana Dollar Reference Rate, highlighting Brazil’s leading role in integrating crypto into mainstream finance.
This fund, managed by Vortex, will be available on the B3 stock exchange.
It’s a major milestone not just for Brazil, but globally, as it opens up new ways for people to invest in Solana through traditional financial markets.
This ETF is based on the CME CF Solana Dollar Reference Rate, highlighting Brazil’s leading role in integrating crypto into mainstream finance.