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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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🚀 BITCOIN WILL HIT $1 MILLION BY 2030 🚀 so JACK DORSEY! 🤑 Big news from Jack Dorsey, the co-founder of Twitter! He's throwing out a bold prediction that Bitcoin's price could soar to at least $1 million by 2030. And he doesn’t stop there—he thinks it could climb even higher! 💬 In a recent chat with journalist Mike Solana on Pirate Wires, Dorsey shared his optimism about Bitcoin's future. He mentioned that while the price jump is exciting, the real thrill comes from the Bitcoin community. According to him, everyone involved—from those who work on its tech to those investing in it—is boosting the whole ecosystem, pushing its value up. 🌐 Dorsey also opened up about his recent exit from the board of BlueSky, a project he kicked off as a decentralized alternative to Twitter. He expressed some disappointment, noting that BlueSky is starting to mirror the very issues he hoped to avoid, like centralization and the push for more control over content. 🔗 He’s now supporting Nostr, a platform he feels truly upholds the principles of decentralization and free speech. (that's what Dorsey believes.. I am not so sure exactly). 💸 On the business side, Dorsey’s company, Block, plans to reinvest 10% of its gross profit from Bitcoin ventures back into buying more Bitcoin every month. This move underscores his commitment to Bitcoin's growth. 👀 With all the developments, Dorsey remains a major voice in tech and finance, watching closely as his predictions and investments unfold over this decade. - Professor Mende out! #bitcoin #btc #bitcoinpricealert #PricePredictions2024 #crypto $BTC  $ETH  $SOL

🚀 BITCOIN WILL HIT $1 MILLION BY 2030 🚀 so JACK DORSEY!

🤑 Big news from Jack Dorsey, the co-founder of Twitter! He's throwing out a bold prediction that Bitcoin's price could soar to at least $1 million by 2030. And he doesn’t stop there—he thinks it could climb even higher!


💬 In a recent chat with journalist Mike Solana on Pirate Wires, Dorsey shared his optimism about Bitcoin's future. He mentioned that while the price jump is exciting, the real thrill comes from the Bitcoin community. According to him, everyone involved—from those who work on its tech to those investing in it—is boosting the whole ecosystem, pushing its value up.


🌐 Dorsey also opened up about his recent exit from the board of BlueSky, a project he kicked off as a decentralized alternative to Twitter. He expressed some disappointment, noting that BlueSky is starting to mirror the very issues he hoped to avoid, like centralization and the push for more control over content.


🔗 He’s now supporting Nostr, a platform he feels truly upholds the principles of decentralization and free speech. (that's what Dorsey believes.. I am not so sure exactly).


💸 On the business side, Dorsey’s company, Block, plans to reinvest 10% of its gross profit from Bitcoin ventures back into buying more Bitcoin every month. This move underscores his commitment to Bitcoin's growth.


👀 With all the developments, Dorsey remains a major voice in tech and finance, watching closely as his predictions and investments unfold over this decade.


- Professor Mende out!

#bitcoin #btc #bitcoinpricealert #PricePredictions2024 #crypto

$BTC  $ETH  $SOL

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📊56% OF FORTUNE 500 FIRMS PURSUE CRYPTO AND BLOCKCHAIN📊 Wow! A recent Coinbase report highlights a significant surge in cryptocurrency and blockchain initiatives among Fortune 100 companies, showing a 39% year-over-year increase in Q1 2024. Additionally, 56% of Fortune 500 companies are actively working on onchain projects. 📈 FORTUNE 500 FIRMS’ GROWING INTEREST IN CRYPTO: In its latest “State of the Crypto” report, titled “The Fortune 500 Moving Onchain,” published on June 12, Coinbase detailed key findings from research conducted by The Block: INCREASE IN INITIATIVES: The number of cryptocurrency, blockchain, or web3 initiatives announced by Fortune 100 companies has surged by 39% year-over-year, reaching a record high in Q1 2024. WIDESPREAD ADOPTION: 56% of Fortune 500 companies are now working on onchain projects, including payment applications. 🔍 HIGHLIGHTS FROM THE REPORT: SEC APPROVALS: Significant recent events include the U.S. Securities and Exchange Commission (SEC)’s approval of spot bitcoin exchange-traded funds (ETFs) and pending approval for spot Ethereum ETFs. TOKENIZED U.S. TREASURY PRODUCTS: High interest rates have driven demand for safe, high-yielding T-bills #onchain , increasing the value of tokenized U.S. Treasury products by over 1,000% since early 2023, reaching $1.29 billion. STABLECOIN INITIATIVES: Companies like Coinbase, Paypal, and Stripe are spearheading various stablecoin projects. 👥 TALENT AND REGULATORY CONCERNS: Coinbase emphasizes the importance of retaining crypto talent in the U.S.: DECLINING DEVELOPER SHARE: The U.S. has seen a 14-point drop in its share of crypto developers over the past five years, with only 26% of crypto developers currently U.S.-based. TALENT SCARCITY: Among Fortune 500 executives, the availability of trusted talent is now a major concern, surpassing regulatory worries. What do you think? It's safe to say that the future of crypto is secured! Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE & follow for more updates! #memecoins #blockchain #crypto $BTC  $ETH  $SOL
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🌍💱 BREAKING: SAUDI ARABIA ENDS 80-YEAR PETRODOLLAR DEAL WITH U.S.🌍 📢 In Short: - Saudi Arabia ends 80-year petrodollar deal with the US - Deal allowed Saudi oil sales in US dollars only - Saudi can now use other currencies like RMB, Euros, etc 💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic dominance. 🔍 Background: The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countries. 🔄 Shift in Policy: By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transactions. 🌐 Broader Implications: This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from gold. 🔗 Project mBridge: Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger technology. 💭 Conclusion: Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move could reshape the landscape of global economic influence. 👇 What are your thoughts on Saudi Arabia ditching the Dollar? How awesome would it be if Saudi would accept #bitcoin ? Your, @Professor Mende - Founder of BONUZ Project - in Dubai UAE #SaudiArabia #Petrodollar #usdollar $ETH $SOL
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🚨💸 $630Million OUTLFLOW: OKX LOSING TO 💎BINANCE & 💎GATE.IO 💸🚨 On June 11, OKX, one of the largest cryptocurrency exchanges, experienced an outflow of $2.4 million within 24 hours amidst rumors of security issues. 🔍 What’s Going on With OKX? On June 9, OKX suffered a significant security breach that allowed attackers to create new API keys for unauthorized withdrawals. This incident has heightened concerns about the platform’s security measures. 📉 Recent Outflows: 24 Hours: $2.4 million Past 7 Days: $630 million Past Month: $355.96 million This data indicates a substantial withdrawal of digital assets from OKX, reflecting a decline in user trust and a possible shift of investors to other platforms. 📊 Comparative Performance: According to DefiLlama, other exchanges like Binance and Gate.io are outperforming OKX: Binance: 7 Days: $11.36 billion inflow 1 Month: $407.57 million inflow Gate.io: 7 Days: $50.83 million inflow 1 Month: $68.87 million inflow 🔐 Key Shortcomings in Security System: The outflows from OKX are primarily due to serious security flaws, including vulnerabilities in their SMS notification system. Hackers exploited this to create new API keys, bypassing Google Authenticator Verification, leading to significant thefts. 🚨 Impact: Two OKX account holders were affected, neither of whom had activated Google Authenticator. OKX is investigating the breach and ensuring victims receive immediate issue resolution. The exchange advises all users to enable two-factor authentication (2FA) and stay vigilant. Amazing news for Binance users as this situation strengthens Binance's position as the leading cryptocurrency exchange! Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE #okx #Gateio #binance #risk #safu $BNB $BTC $ETH
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⛔⛔ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ⛔⛔ Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses. The example of BTC in 2017: Bitcoin’s price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoin’s price dropped to around $3K by December 2018. Many investors faced big losses. 4 of Market Cycles & Common Mistakes: Accumulation: This phase follows a significant market decline. Prices are low, and investors are pessimistic. Example: After Bitcoin’s 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential. Common Mistakes: During this phase, many investors are too fearful to buy. Uptrend: Characteristics: The market begins to recover. Example: Throughout 2017, Bitcoin’s price steadily climbed & media coverage fueled investor confidence. Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses. Distribution: Characteristics: The market reaches new highs. Example: In late 2017, Bitcoin’s price surged towards $20K, driven by extreme optimism. Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence. Decline: Characteristics: The market begins to fall from its peak. Example: By early 2018, Bitcoin’s price began to fall sharply, leading to panic selling and significant losses for late investors. Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling. The Cycle Repeats These phases repeat over time, and understanding them can help you become a more consistent and successful trader. Like, share & follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE l for more! #bitcoin #memecoins #markettrends $BTC $ETH $SOL
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🚨 AI-ENABLED CRYPTO CRIME REMAINS IN EARLY STAGES 🤖🚨 A recent study by Elliptic reveals that crimes enabled by artificial intelligence (AI) within the cryptocurrency ecosystem are still in their early stages. The Elliptic study outlines five typologies of AI-enabled crime that must be addressed to prevent escalation. Early intervention is key to mitigating these threats before they become prevalent. 1. 💡 AI-Generated Deepfakes: Recent incidents involving AI-generated deepfakes of notable figures, such as Elon Musk and former Singapore Prime Minister Lee Hsien Loong, underscore the enhanced capabilities of malicious actors. Deepfakes mimicking former Taiwanese Presidents Tsai Ing-wen and Lai Ching-te have also been used in scams, demonstrating the need for vigilance. 2. 📈 Surge in AI-Related Tokens: Data from the study indicates a surge in tokens featuring AI-related keywords such as GPT, OpenAI, and Bard. Approximately 4,500 of these tokens are present on the BNB Smart Chain, with most using the term GPT more frequently than OpenAI or Bard. 3. 🔍 State-Sponsored Hackers: The report highlights the exploitation of AI by state-sponsored hackers, particularly those backed by North Korea. These hostile actors are using AI models to detect vulnerabilities in smart contracts and conduct large-scale cryptocurrency heists. The United Nations attributes over 60 cryptocurrency heists, totaling more than $3 billion in stolen assets, to North Korean hackers between 2017 and 2023. 4. 📢 Importance of Collaboration: The success of containing AI-enabled crypto crimes depends on collaboration among various stakeholders, including law enforcement investigators, crypto compliance professionals, AI and crypto users, technology developers, policymakers, and regulators. The report recommends a prevention strategy known as DECODE, which stands for Detect, Educate, Cooperate, Defend, and Enforce. Stay safe with @Professor Mende - Founder of BONUZ Project - in Dubai UAE ! #AI #Cryptocurrency #Blockchain #scam #scamalert $SHIB $PEPE $FLOKI
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