14 hours ago
How many Bitcoins do the ETFs need to buy on average to drive BTC higher?
I don’t know the answer, but a few hundreds per day is definitely not enough.
I don’t know the answer, but a few hundreds per day is definitely not enough.
14 hours ago
🔍 The GambleFi, trend or bullshit?
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
14 hours ago
ROLLBIT
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
23 hours ago
ORIGIN TRAIL
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
1 day ago
🌍 List of countries offering the best tax advantages for cryptocurrency holders in 2024:
● El Salvador
● Puerto Rico
● Switzerland
● Georgia
● Malta
● British Virgin Islands
● Cayman Islands
● United Arab Emirates
● Hong Kong
● Malaysia
● Singapore
● Slovenia
● El Salvador
● Puerto Rico
● Switzerland
● Georgia
● Malta
● British Virgin Islands
● Cayman Islands
● United Arab Emirates
● Hong Kong
● Malaysia
● Singapore
● Slovenia
1 day ago
🤝 Fidelity International and Sygnum partner with Chainlink to provide onchain data for Fidelity International.
“Fund tokenization is probably the biggest digital asset trend happening today, and it’s a big confirmation that global asset management companies are entering this growing market”
says Sergey Nazarov, Co-founder of Chainlink.
https://x.com/chainlink/st...
“Fund tokenization is probably the biggest digital asset trend happening today, and it’s a big confirmation that global asset management companies are entering this growing market”
says Sergey Nazarov, Co-founder of Chainlink.
https://x.com/chainlink/st...
1 day ago
🚨 More than 50% of US hedge funds are exposed to #Bitcoin
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
2 days ago
🎙️ Jérôme Powell, President of the FED, declared:
“The #inflation is showing signs of resuming its disinflationary trend.”
“We are returning to a disinflationary trajectory.”
“We’ve made a lot of progress.”
We need you Powell
“The #inflation is showing signs of resuming its disinflationary trend.”
“We are returning to a disinflationary trajectory.”
“We’ve made a lot of progress.”
We need you Powell
2 days ago
💬 Ethereum will soar against Bitcoin after ETF approvals according to K33 Research.
K33 maintains that Ethereum ETFs will absorb between 0.75% and 1% of all ETH in circulation during their first five months on the market.
Vetle Lunde, senior analyst at K33:
“ETFs are a strong catalyst for ETH’s relative strength as the summer progresses and flows accumulate.”
“and I am confident that current ETH/BTC prices are a good deal for the patient trader.”
https://decrypt.co/238182/...
K33 maintains that Ethereum ETFs will absorb between 0.75% and 1% of all ETH in circulation during their first five months on the market.
Vetle Lunde, senior analyst at K33:
“ETFs are a strong catalyst for ETH’s relative strength as the summer progresses and flows accumulate.”
“and I am confident that current ETH/BTC prices are a good deal for the patient trader.”
https://decrypt.co/238182/...
2 days ago
❌️ Bittensor shuts down its network after a security attack.
Reports of an unusual attack on Bittensor wallets have emerged in recent hours, leading to a deliberate shutdown of the network by core developers.
ZachXBT:
“Bittensor was disrupted due to additional flights earlier today, potentially due to a private key leak.”
According to him, 8 million dollars of $TAO were stolen.
https://www.theblock.co/po...
Reports of an unusual attack on Bittensor wallets have emerged in recent hours, leading to a deliberate shutdown of the network by core developers.
ZachXBT:
“Bittensor was disrupted due to additional flights earlier today, potentially due to a private key leak.”
According to him, 8 million dollars of $TAO were stolen.
https://www.theblock.co/po...
2 days ago
💬 Bitcoin could one day replace the US dollar.
This is what Jack Dorsey, the founder of Twitter, says.
He said he was convinced that bitcoin would soon move from being a store of value to becoming a dominant currency.
“It’s going to take a while.”
“It’s not 10 years, but maybe 15. Little by little, people understand the value of this system and why it is so powerful.”
“It could potentially complement or replace the U.S. dollar, which governs everything.”
https://decrypt.co/238168/...
This is what Jack Dorsey, the founder of Twitter, says.
He said he was convinced that bitcoin would soon move from being a store of value to becoming a dominant currency.
“It’s going to take a while.”
“It’s not 10 years, but maybe 15. Little by little, people understand the value of this system and why it is so powerful.”
“It could potentially complement or replace the U.S. dollar, which governs everything.”
https://decrypt.co/238168/...
2 days ago
More than a million addresses have one #Bitcoin or more 💰
In recent weeks, an important milestone has been reached, there are today more than a million Wholecoiners (addresses with at least 1 BTC) and it's not over!
This increase coincides with a notable increase in institutional demand for Bitcoin 📈
The Bitcoin race is underway, and with only 21 million Bitcoins at most, it's a real shock between supply and demand that could take place in the coming months
You see the $BTC reaching what price at this bull run? 🔥
In recent weeks, an important milestone has been reached, there are today more than a million Wholecoiners (addresses with at least 1 BTC) and it's not over!
This increase coincides with a notable increase in institutional demand for Bitcoin 📈
The Bitcoin race is underway, and with only 21 million Bitcoins at most, it's a real shock between supply and demand that could take place in the coming months
You see the $BTC reaching what price at this bull run? 🔥
2 days ago
👁 Worldcoin hires former Google, X and Apple executives to strengthen privacy and security.
Tools for Humanity has hired 4 executives to advance its mission to ensure a fairer economic system.
https://www.coindesk.com/b...
Tools for Humanity has hired 4 executives to advance its mission to ensure a fairer economic system.
https://www.coindesk.com/b...
2 days ago
🇩🇪 The German government is again transferring 832 #Bitcoin to various crypto exchanges.
This represents more than $52 million.
https://platform.arkhamint...
This represents more than $52 million.
https://platform.arkhamint...
2 days ago
🚨 Standard Chartered predicts that bitcoin could hit a record high in August followed by a rise to $100 ,000 by the US presidential election in November.
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
2 days ago
📊 Tether's USDT dominates the stablecoin market and represents 69.7% of their capitalization.
In your opinion, can the compliance of USDC with MiCA change the situation? 🤔
In your opinion, can the compliance of USDC with MiCA change the situation? 🤔
2 days ago
🎙️ “This is a highly toxic ecosystem that has no real value to Web3. »
victorJi15 , co-founder of MantaNetwork , attacks the Polkadot ecosystem, which he accuses of discrimination against Asian project leaders and which he describes as “dead”.
https://x.com/victorJi15/s...
victorJi15 , co-founder of MantaNetwork , attacks the Polkadot ecosystem, which he accuses of discrimination against Asian project leaders and which he describes as “dead”.
https://x.com/victorJi15/s...
2 days ago
🚨 Ethereum ETFs will see $500 million in inflows in their first week according to analyst Lennix Lai.
“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”
https://www.dlnews.com/art.../
“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”
https://www.dlnews.com/art.../
2 days ago
❌️ Crypto hacks fell 54.2% in June, representing losses of $176 million over the month.
Losses increased by 115% in Q2 2024 compared to the same period in 2023.
Losses increased by 115% in Q2 2024 compared to the same period in 2023.
2 days ago
🚨 Here is the TOP 20 tokens from Grayscale Research for the coming quarter:
Grayscale Research has selected 20 tokens with “high potential for the coming quarter,” selected with consideration of “upcoming catalysts, trending market themes, and token-specific fundamentals.” »
https://www.grayscale.com/...
Grayscale Research has selected 20 tokens with “high potential for the coming quarter,” selected with consideration of “upcoming catalysts, trending market themes, and token-specific fundamentals.” »
https://www.grayscale.com/...
3 days ago
📊 US spot Bitcoin ETFs recorded net inflows for the fifth consecutive day yesterday ($129.45 million).
3 days ago
⚠️ A fake application of the Phantom wallet promoted on the iOS AppStore drains users' funds.
Even though the fake app has obvious redflags:
➡️ A slightly different logo
➡️ Published by Meta Voxify (not Phantom Technologies)
➡️ only 1 review and 1 star.
➡️ Listed in the "Education" category as opposed to "Utilities", where the original application exists.
➡️ The application has existed in the store for “17 years” and therefore well before the very existence of Solana and even Bitcoin.
It can happen to anyone to miss out and be fooled...
In addition, the fraudulent application is highlighted thanks to advertising and therefore it appears first during searches...
Be very careful and always check several times before downloading applications related to #crypto .
https://cryptoslate.com/fa.../
Even though the fake app has obvious redflags:
➡️ A slightly different logo
➡️ Published by Meta Voxify (not Phantom Technologies)
➡️ only 1 review and 1 star.
➡️ Listed in the "Education" category as opposed to "Utilities", where the original application exists.
➡️ The application has existed in the store for “17 years” and therefore well before the very existence of Solana and even Bitcoin.
It can happen to anyone to miss out and be fooled...
In addition, the fraudulent application is highlighted thanks to advertising and therefore it appears first during searches...
Be very careful and always check several times before downloading applications related to #crypto .
https://cryptoslate.com/fa.../
3 days ago
🔓Token Unlocks of the coming week.
📅 July 01:
👉 MAV - $10 .04 million
14.56% of the supply in circulation
👉 ZETA - $4 .49 million
1.92% of the supply in circulation
👉 SUI - $53 .9 million
2.65% of the supply in circulation
👉 DYDX - $11 .92 million
3.12% of the supply in circulation
👉 IO - $28 .5 million
7.89% of the supply in circulation
📅 July 05:
👉 GAL - $6 .94 million
2.6% of the supply in circulation
📅 July 07:
👉 HFT - $2 .90 Million
3.29% of the supply in circulation
📅 July 01:
👉 MAV - $10 .04 million
14.56% of the supply in circulation
👉 ZETA - $4 .49 million
1.92% of the supply in circulation
👉 SUI - $53 .9 million
2.65% of the supply in circulation
👉 DYDX - $11 .92 million
3.12% of the supply in circulation
👉 IO - $28 .5 million
7.89% of the supply in circulation
📅 July 05:
👉 GAL - $6 .94 million
2.6% of the supply in circulation
📅 July 07:
👉 HFT - $2 .90 Million
3.29% of the supply in circulation
