2 months ago
📰 Coinbase co-founder Brian Armstrong wants to create the “Gmail of #Bitcoin .”
Forbes profiles Coinbase through its CEO, Brian Armstrong.
The newspaper calls the company “Too Big to Fail” in the world of digital assets.
“The reason I got into this (crypto) and the mission of Coinbase is to increase economic freedom in the world.
The vision here is that crypto is going to increasingly fuel global GDP. [it] will create sound money, sound financial infrastructure for people all over the world with lower fees, lower friction.”
declares brian_armstrong .
Forbes profiles Coinbase through its CEO, Brian Armstrong.
The newspaper calls the company “Too Big to Fail” in the world of digital assets.
“The reason I got into this (crypto) and the mission of Coinbase is to increase economic freedom in the world.
The vision here is that crypto is going to increasingly fuel global GDP. [it] will create sound money, sound financial infrastructure for people all over the world with lower fees, lower friction.”
declares brian_armstrong .
2 months ago
🚨 CHINA RELEASES HEAVY ARTILLERY
Xi Jingping is implementing the Chinese version of "whatever it takes".
Beijing launches a MASSIVE economic offensive to save its growth and its markets in free fall!
Key points:
✅ Lower interest rates
✅ Relaxation of restrictions on real estate
✅ Direct support for stock markets
The government allows funds and brokers to draw on central bank coffers to buy shares.
A COLOSSAL boost for the Stock Market!
The objective is clear: to restart the economic machine and stop the stock market hemorrhage.
The only question is whether inflation and consumption will follow. 🤔
Household wealth has melted like snow in the sun.
China is going for broke!
Xi Jingping is implementing the Chinese version of "whatever it takes".
Beijing launches a MASSIVE economic offensive to save its growth and its markets in free fall!
Key points:
✅ Lower interest rates
✅ Relaxation of restrictions on real estate
✅ Direct support for stock markets
The government allows funds and brokers to draw on central bank coffers to buy shares.
A COLOSSAL boost for the Stock Market!
The objective is clear: to restart the economic machine and stop the stock market hemorrhage.
The only question is whether inflation and consumption will follow. 🤔
Household wealth has melted like snow in the sun.
China is going for broke!
3 months ago
SOLANA BREAKPOINT: The Biggest Announcements From Day One
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
3 months ago
Andrew shares stories on how he and Tristan were as students in school:
3 months ago
🚨 The $1 .5 million CryptoPunks 2386 just sold for just $23 ,000 in a stroke of genius.
To put this into context, you should know that this CryptoPunk was split into 10,000 ERC20 tokens on 09/26/2020, and distributed among 257 holders, via a platform now out of service called Niftex.
Indeed, this NFT being very rare, it had been split in order to become more affordable and to allow everyone to own a part of a Punks.
But with the platform closed, it became difficult to sell or buy a fragment of this Punk.
However, the smart contract linked to the NFT remained valid on the blockchain, and an individual activated a buyback feature to ultimately take possession of the NFT for a fraction of its current value.
"Any shareholder can propose a buyout price, and if no one counters, he can buy the asset after 14 days."
So the offer was 0.001 ETH per share, or 10 ETH for the 10,000 shares. And the countdown that almost no one could see began.
After the 14 days, the individual got his hands on the NFT for a pittance.
Developer 0xQuit calls the operation the "theft of the century."
To put this into context, you should know that this CryptoPunk was split into 10,000 ERC20 tokens on 09/26/2020, and distributed among 257 holders, via a platform now out of service called Niftex.
Indeed, this NFT being very rare, it had been split in order to become more affordable and to allow everyone to own a part of a Punks.
But with the platform closed, it became difficult to sell or buy a fragment of this Punk.
However, the smart contract linked to the NFT remained valid on the blockchain, and an individual activated a buyback feature to ultimately take possession of the NFT for a fraction of its current value.
"Any shareholder can propose a buyout price, and if no one counters, he can buy the asset after 14 days."
So the offer was 0.001 ETH per share, or 10 ETH for the 10,000 shares. And the countdown that almost no one could see began.
After the 14 days, the individual got his hands on the NFT for a pittance.
Developer 0xQuit calls the operation the "theft of the century."
3 months ago
Despite the market downtrend, Solana is the only digital asset seeing inflows for the second straight week. During last week's dry market, solana saw +$6.2M in inflows, while Bitcoin had -$643M in outflows and Ethereum -$98M.
Source: CoinShares
Source: CoinShares
3 months ago
💸 Tether invests $100 million in the leading agricultural company Adecoagro 🧑🌾
Tether acquires a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its investments in the agriculture and food sectors
Adecoagro is a major milk producer in Argentina and manages over 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol.
Tether acquires a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its investments in the agriculture and food sectors
Adecoagro is a major milk producer in Argentina and manages over 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol.
3 months ago
Continuing to defy the expectations of the wider crypto market, Solana has outperformed digital asset rivals like Bitcoin ($BTC) and Ethereum ($ETH).
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
3 months ago
🔎 Bitcoin is 12% from its ATH but nobody cares about cryptos...
Bitcoin search interest (in blue) is at 19, compared to an average of 28 over the past 5 years 😬
Interest in "crypto" looks like a flat EEG 💀
❌ Zero Hype so far
Bitcoin search interest (in blue) is at 19, compared to an average of 28 over the past 5 years 😬
Interest in "crypto" looks like a flat EEG 💀
❌ Zero Hype so far
3 months ago
Tokenized US Treasury Bonds Surpass $2 Billion!
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
3 months ago
💊 Noland Arbaugh, the first man to receive the Neuralink implant, shares his internet browser, one of the tabs of which is a PumpDotFun page
https://x.com/moddedquad/s...
https://x.com/moddedquad/s...
4 months ago
🇺🇸 The SECGov has discussed with potential issuers of Solana-related ETFs its concerns about the potential status of the $SOL as a security.
Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares
Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares
4 months ago
⚠️ATTENTION; Forms 19b-4 for ETF spot requests #Solana de VanEck and 21Shares DO NOT APPEAR on the CBOE website!!️ 👀
The two candidates would have WITHDRAWN these forms, with the main theory that the #SEC 🇺🇸 gave them comments that $SOL is not a commodity, and there is NO POSSIBILITY for them to be approved🚨
According to several ETF analysts, those of Ethereum were approved only for legal reasons and in a forced manner, and Gary Gensler has NOT changed his negative attitude towards the crypto market (no surprises)
So in the short term THERE WILL BE NO Solana ETF spot, and there would only be a slight possibility if there is a change of seat in the White House ⚠️
The two candidates would have WITHDRAWN these forms, with the main theory that the #SEC 🇺🇸 gave them comments that $SOL is not a commodity, and there is NO POSSIBILITY for them to be approved🚨
According to several ETF analysts, those of Ethereum were approved only for legal reasons and in a forced manner, and Gary Gensler has NOT changed his negative attitude towards the crypto market (no surprises)
So in the short term THERE WILL BE NO Solana ETF spot, and there would only be a slight possibility if there is a change of seat in the White House ⚠️
4 months ago
🥤 Worldcoin is offering $15 worth of peach or mango drinks for every person who registers with World ID and therefore shares their iris.
Worldcoin turns to little-known energy drink Flojo to grow its user base.
“The world’s first neuroscientist-approved sparkling drink”
This is not the first foray into the crypto world for drinkflojo , which is also a Solana partner
Worldcoin turns to little-known energy drink Flojo to grow its user base.
“The world’s first neuroscientist-approved sparkling drink”
This is not the first foray into the crypto world for drinkflojo , which is also a Solana partner
4 months ago
4 months ago
🚨 🇳🇴 Norges Bank, which is Norway's central bank and also responsible for the country's sovereign wealth fund, holds over 1.1 million shares of #MicroStrategy .
#Bitcoin
#Bitcoin
4 months ago
🚨 As of June 30, Goldman Sachs held:
🔹️ 6,991,248 shares of iShares Bitcoin Trust ($239 million).
🔹️ 1,516,302 shares of Fidelity Wise Origin Bitcoin ($79.55 million).
🔹️ 940,443 shares of Invesco Galaxy Bitcoin ETF ($56.19 million).
🔹️ 660,183 shares of Grayscale Bitcoin Trust ($35.15 million).
https://x.com/wublockchain...
🔹️ 6,991,248 shares of iShares Bitcoin Trust ($239 million).
🔹️ 1,516,302 shares of Fidelity Wise Origin Bitcoin ($79.55 million).
🔹️ 940,443 shares of Invesco Galaxy Bitcoin ETF ($56.19 million).
🔹️ 660,183 shares of Grayscale Bitcoin Trust ($35.15 million).
https://x.com/wublockchain...
4 months ago
4 months ago
Daily Memecoin Recap - August 5
Market had a small bounce today
Too early to get excited, this could just be a relief pump, we need to see more follow through
Wrapped Meta
$wDOG -> hit $4 .34m, top holder was a whale (with $1 .5m+), "wrapped dog", meme referencing wrapped coins ( $wBTC , $wETH , $wSOL , etc. )
$wCAT -> hit $307k , beta to $wDOG
$wPEPE -> hit $157k , wrapped pepe
Slerf Team Confirms CTO rumours
$oodles -> $1 .7m to $12 .7m (7.47x)
- They've been teasing at a CTO ( $slerf team)
- People had been speculating that it would oodles
- Today they confirmed it
- Typical huge pump on the news, and major crash a couple minutes after (since there's nothing to look forward to anymore)
- Currently sitting at $3 .5m
Play On Letters
$btw -> $1 .2m to $6 .44m (5.36x), banana taped to a wall meme
$wsb -> hit $400k , "We're So Back", after market bounce today
$pac -> hit $280k , "Post Ape Clarity", funny meme
Dog Meta
$bane -> $894k to $8 .45m (9.45x), CTO, crashed from $4m last night down to $900k today & ran even higher to $8m +, pushed by influencers
$ares -> hit $500k , wolf meme
$png -> hit $250k , dog with a png background
More Cooks
$retardio -> $48m to $94 .5m (1.96x)
$helen -> $310k to $2 .85m (9.19x), CTO
$frank -> $141k to $943k (6.68x), CTO
$bunne -> $30k to $830k (27.6x), CTO
$walz -> $160k to $870k (5.4x), redacted GovTimWalz
, pumps as KamalaHarris
narrows down her VP choices
$mici -> hit $770k , $michi beta
$anon -> hit $340k , bunny meme
A lot of higher market cap coins have wicked and began to see some green
Would like to see continued push here to confirm this isn't a dead cat bounce
Market had a small bounce today
Too early to get excited, this could just be a relief pump, we need to see more follow through
Wrapped Meta
$wDOG -> hit $4 .34m, top holder was a whale (with $1 .5m+), "wrapped dog", meme referencing wrapped coins ( $wBTC , $wETH , $wSOL , etc. )
$wCAT -> hit $307k , beta to $wDOG
$wPEPE -> hit $157k , wrapped pepe
Slerf Team Confirms CTO rumours
$oodles -> $1 .7m to $12 .7m (7.47x)
- They've been teasing at a CTO ( $slerf team)
- People had been speculating that it would oodles
- Today they confirmed it
- Typical huge pump on the news, and major crash a couple minutes after (since there's nothing to look forward to anymore)
- Currently sitting at $3 .5m
Play On Letters
$btw -> $1 .2m to $6 .44m (5.36x), banana taped to a wall meme
$wsb -> hit $400k , "We're So Back", after market bounce today
$pac -> hit $280k , "Post Ape Clarity", funny meme
Dog Meta
$bane -> $894k to $8 .45m (9.45x), CTO, crashed from $4m last night down to $900k today & ran even higher to $8m +, pushed by influencers
$ares -> hit $500k , wolf meme
$png -> hit $250k , dog with a png background
More Cooks
$retardio -> $48m to $94 .5m (1.96x)
$helen -> $310k to $2 .85m (9.19x), CTO
$frank -> $141k to $943k (6.68x), CTO
$bunne -> $30k to $830k (27.6x), CTO
$walz -> $160k to $870k (5.4x), redacted GovTimWalz
, pumps as KamalaHarris
narrows down her VP choices
$mici -> hit $770k , $michi beta
$anon -> hit $340k , bunny meme
A lot of higher market cap coins have wicked and began to see some green
Would like to see continued push here to confirm this isn't a dead cat bounce
4 months ago
The summary of the news #crypto and markets
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
4 months ago
💰 Ark Invest sells for $6 .9 million of its own Bitcoin spot ETF (ARKB) and for $14 .8 million in Coinbase shares
https://www.coindesk.com/m...
https://www.coindesk.com/m...
ARK Invest Sold $14.8M of Coinbase (COIN) Shares Thursday Ahead of Earnings
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus.
https://www.coindesk.com/markets/2024/08/02/ark-invest-sold-148m-of-coinbase-shares-thursday-ahead-of-the-exchanges-earnings-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
4 months ago
💬 Tucker Carlson likes #Bitcoin , even though he thinks the CIA created it.
“It’s obvious that the CIA invented it, we all know that.”
he declares with a laugh during a private event organized as part of Bitcoin 2024.
“Cryptocurrencies give the average person the freedom to conduct their business without surveillance or control.”
The political commentator adds that, to live up to its potential, Bitcoin must overcome the obstacle of its adoption as a medium of exchange, and not just as a store of value. This requires convincing the general public to accept BTC payments and making the system private enough that it cannot be traced and punished for its use.
This theory by Tucker is not new: many elements leave doubt as to the possible involvement of the CIA or the NSA in the creation of Bitcoin.
“It’s obvious that the CIA invented it, we all know that.”
he declares with a laugh during a private event organized as part of Bitcoin 2024.
“Cryptocurrencies give the average person the freedom to conduct their business without surveillance or control.”
The political commentator adds that, to live up to its potential, Bitcoin must overcome the obstacle of its adoption as a medium of exchange, and not just as a store of value. This requires convincing the general public to accept BTC payments and making the system private enough that it cannot be traced and punished for its use.
This theory by Tucker is not new: many elements leave doubt as to the possible involvement of the CIA or the NSA in the creation of Bitcoin.
4 months ago
The summary of the news #crypto and US market
1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)
2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million
3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total
4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)
5) The Ta-Da application is available on iOS and Android
6) Aave offers a Lido stETH wstETH pool on its v3
7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company
8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)
9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points
10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL
11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency
12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps
13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday
14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework
15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion
16) The halving $BTC took place 100 days ago
1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)
2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million
3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total
4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)
5) The Ta-Da application is available on iOS and Android
6) Aave offers a Lido stETH wstETH pool on its v3
7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company
8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)
9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points
10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL
11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency
12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps
13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday
14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework
15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion
16) The halving $BTC took place 100 days ago
4 months ago
🚨 There are some who say "there will be no ETF #Solana ".
I think they didn't get the info that a month ago ARK 21Shares and VanEck submitted an ETF application for #Solana .
👉 As a reminder:
🔸 Cboe has confirmed plans by two asset managers, VanEck and 21Shares, to launch an ETF based on #Solana .
🔸 They filed a 19b-4 filing with the SEC to list these spot ETFs.
🔸 The SEC has 240 days to approve or deny these products
I think they didn't get the info that a month ago ARK 21Shares and VanEck submitted an ETF application for #Solana .
👉 As a reminder:
🔸 Cboe has confirmed plans by two asset managers, VanEck and 21Shares, to launch an ETF based on #Solana .
🔸 They filed a 19b-4 filing with the SEC to list these spot ETFs.
🔸 The SEC has 240 days to approve or deny these products
4 months ago
🚀 Bitcoin and zombie companies: a new financial dynamic
Since the approval of spot Bitcoin ETFs on the American market, a shock wave has spread in the ranks of traditional finance. Bitcoin, once considered an infrequent option, is now recognized as a "legitimate financial instrument". This transformation is largely anticipated by companies such as MicroStrategy, which holds 226,300 BTC (or $15 billion) and represents more than 1% of the total supply limited to 21 million units.
Michael Saylor, founder of MicroStrategy, positions himself as a Bitcoin guru. He even evokes "economic immortality" thanks to the holding of BTC. Other publicly traded companies, such as Metaplanet and Semler Scientific, are inspired by this aggressive Bitcoin purchase strategy to boost their shares.
Metaplanet, for example, now holds a portfolio of 245 BTC (or $16 .4 million). Since the announcement of this strategy last April, Metaplanet's share price has risen dramatically, increasing by 980%. Simon Gerovich, CEO of Metaplanet, says that Bitcoin is the supreme monetary asset and that the company aims to own as many as possible.
The arrival of Bitcoin cash ETFs opens up new opportunities for zombie companies in search of excess capital. The simple possession of Bitcoin seems to have the power to revive these companies in difficulty. With the prospect of a $52 million BTC by 2050, Bitcoin continues to attract attention and transform the traditional financial landscape.
Since the approval of spot Bitcoin ETFs on the American market, a shock wave has spread in the ranks of traditional finance. Bitcoin, once considered an infrequent option, is now recognized as a "legitimate financial instrument". This transformation is largely anticipated by companies such as MicroStrategy, which holds 226,300 BTC (or $15 billion) and represents more than 1% of the total supply limited to 21 million units.
Michael Saylor, founder of MicroStrategy, positions himself as a Bitcoin guru. He even evokes "economic immortality" thanks to the holding of BTC. Other publicly traded companies, such as Metaplanet and Semler Scientific, are inspired by this aggressive Bitcoin purchase strategy to boost their shares.
Metaplanet, for example, now holds a portfolio of 245 BTC (or $16 .4 million). Since the announcement of this strategy last April, Metaplanet's share price has risen dramatically, increasing by 980%. Simon Gerovich, CEO of Metaplanet, says that Bitcoin is the supreme monetary asset and that the company aims to own as many as possible.
The arrival of Bitcoin cash ETFs opens up new opportunities for zombie companies in search of excess capital. The simple possession of Bitcoin seems to have the power to revive these companies in difficulty. With the prospect of a $52 million BTC by 2050, Bitcoin continues to attract attention and transform the traditional financial landscape.
5 months ago
🚨 Trump will speak at the Bitcoin conference despite the assassination attempt on him.
Additional security will be expected at the conference as it prepares to welcome 20,000 participants
Donald Trump is reportedly still determined to deliver his speech in person at Bitcoin 2024 to be held in NASHVILLE on July 25
https://x.com/thebitcoinco...
Additional security will be expected at the conference as it prepares to welcome 20,000 participants
Donald Trump is reportedly still determined to deliver his speech in person at Bitcoin 2024 to be held in NASHVILLE on July 25
https://x.com/thebitcoinco...
5 months ago
0xngmi reveals that the forced migration of domains from googlecloud to squarespace removed 2FA, which might be the reason behind the ongoing hack
@1Makavelli
@1Makavelli
5 months ago
A major DNS attack targeting the Squarespace domain registrar has shocked the cryptocurrency community, prompting warnings and preventive measures.
Coingecko co-founder Bobby Ong has advised users to refrain from interacting with crypto platforms for the next few days until the situation is resolved.
"The best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved," Ong stated.
Coingecko co-founder Bobby Ong has advised users to refrain from interacting with crypto platforms for the next few days until the situation is resolved.
"The best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved," Ong stated.
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