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.
14 hours ago
Resilient venture capital investments despite the bear market
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
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.
23 hours ago
. Uniswap Wallet integrates Transak to facilitate fiat-crypto conversions :
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
1 day ago
The daily income of pumpdotfun has just exceeded that of #Ethereum 🚀
How to explain it and what trends are emerging?
Imagine an app that combines pump fun, dexcreener and Twitter - it's got to be brilliant!
Silly me, it already exists 🥴
How to explain it and what trends are emerging?
Imagine an app that combines pump fun, dexcreener and Twitter - it's got to be brilliant!
Silly me, it already exists 🥴
1 day ago
1 day ago
For those who want to become rich, I have a question for you: what will you do if you believe in nothing and only listen to others, or if you're terrified for nothing? Mcdo is hiring, never forget it
1 day ago
my banker is preventing me from making a transfer. What should I do?
4
people voted
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
🇳🇬 A Nigerian crypto trader returns 90 $SOL , worth $14 ,000, after being sent 100 $SOL instead of $100 .
Indeed, following an error, Femi Akinola was sent 100 $SOL instead of $100 from $SOL .
With great honesty, he returned 90 $SOL to his owner, who wanted to leave him 10 $SOL to thank him.
“I was hearing about similar incidents, where people had to make ethical decisions and thought it was superhuman. But at that moment, all that was on my mind was my integrity and doing what was right. »
This beautiful gesture was welcomed by the crypto community, some members of which sent him nearly 35 $SOL in total to his address.
To give some context, 100 $SOL represents a real fortune from the sky for a resident of Nigeria.
You will have returned it?
https://x.com/raffayalvi/s...
Indeed, following an error, Femi Akinola was sent 100 $SOL instead of $100 from $SOL .
With great honesty, he returned 90 $SOL to his owner, who wanted to leave him 10 $SOL to thank him.
“I was hearing about similar incidents, where people had to make ethical decisions and thought it was superhuman. But at that moment, all that was on my mind was my integrity and doing what was right. »
This beautiful gesture was welcomed by the crypto community, some members of which sent him nearly 35 $SOL in total to his address.
To give some context, 100 $SOL represents a real fortune from the sky for a resident of Nigeria.
You will have returned it?
https://x.com/raffayalvi/s...
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
🏄 Biarritz will host the unmissable event #crypto SurfinBitcoin , on August 28, 29 and 30.
On the program: two days of conferences and fascinating debates on numerous subjects.
On the program: two days of conferences and fascinating debates on numerous subjects.
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
For those who think it's complicated to make money in crypto, you have an affiliation system if you bring people, you have brothers, sisters, friends, uncles who are intrigued by crypto. I don't know why it's so complicated when it's so simple. For money I advise you to take $bull , you'll thank me later.
2 days ago
Don't you just want to titillate your favorite YouTubers or crypto content creators to join in? They're happy when you comment, so why not talk a little bullverse.
For once, a social network will take you at your word. What more could you ask for?
For once, a social network will take you at your word. What more could you ask for?
2 days ago
My indicator for this bullrun will be my aunt, to whom I've briefly explained crypto. When she asks me how to invest because she heard about it on the news, I'll start selling 😂
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
(E)
Do you know, if Powell has a daughter ? I have to try to marry her off before the bull run .
