📤 It's a very busy week

Hey, guys. This week will be one of the busiest weeks in macro data in recent times.

📑 This week there will be inflation, important data on oil inventories, GDP in countries like Japan, Britain, US jobless claims and many others.

It is a super active week, which can bring good volatility to the markets.

We will talk more about all these data closer to their release. It may be a key week that will determine the market direction for the near future.
#bullrun2024📈📈 #MarketDownturn #BTC☀

☄️ The TrumpCoin meme token, supposedly linked to Trump's son and investor Martin Shkreli, crashed by 99.9% within minutes

Developers withdrew liquidity worth over $50 million ⚠️

#MarketDownturn

📉 Buterin's NEIRO sale triggers 60% drop

The meme coin NEIRO crashed by 60% after Ethereum co-founder Vitalik Buterin sold over 17.1 billion tokens (4% of the supply) for 44.4 ETH 🇨🇦

The Neiro team had confirmed Buterin's 4% ownership, valued at $130,000 ℹ️

#MarketDownturn #ETH🔥🔥🔥🔥

▶️ Experts blame Market crash on Jump Trading sell-off

Experts attribute the crypto market crash to Jump Trading's portfolio sell-off 📣

CEHV's Adam Cochran and Cake Group's Julian Hosp criticize the firm's timing and suggest motives like liquidity needs or exiting the crypto space 📌

Matrixport's Benjamin Stani also cites macroeconomic factors such as weak U.S. trading and an 8% drop in Asian indices 😑

#MarketDownturn #BTCMarketPanic $BTC

🔼Gemini: Crypto market set for two-year growth

After Bitcoin's correction from $70k
in July-August 2024 to below 49k, Gemini experts predict a two-year growth driven by infrastructure, regulatory changes, and monetary policy🥺

Early 2024 surges were fueled by Bitcoin ETF optimism. Post-March, Ethereum fell 22% and Bitcoin 12%, but long-term outlooks remain positive 💡

#MarketDownturn #BTC☀

📉 Bitcoin below $49.000

Friends, yesterday and today the market showed another correction and fell below the $49,000 mark.

During the last 24 hours more than $1 bln positions were liquidated.

The main thing in this market is not to make rash and emotional decisions.

We've been down many times before. We've gotten back up again.

📃 We just need to get through it without losing all our deposits along the way.

Be prepared for a rather long and exhausting wait for growth and for the news, after which it will seem that nothing else is possible.

❕ I am with you, not fixed, completely in crypto 🔥

#MarketDownturn #BTCMarketPanic #BTC☀

💰 Bitcoin continues to fall

Friends, hello, everyone. A quick update from me. Today, BTC was dropping below $60,000.
Once Btc hits 42k in this august and consolidates for a week, then bulls will start.

🔖 The market continues to fall, but it is not clear yet what point will be the reversal point. If the price falls below $60k again, it will probably go further to the $56k zone.By the way, the situation in the Middle East continues to heat up. The US is asking its citizens to leave Lebanon on the first flight. This has a negative impact on all markets.❕ Be careful and protect your deposits. Hugs to all 🔥#MarketDownturn #BTCMarketPanic

👤 From VKontakte to Telegram: How Durov Built His Billions. net worth of $9,150,000,000

In the world of high technology and cryptocurrencies, Pavel Durov is a name that resonates widely.

Let's dive into his success story, which is full of ups, downs, and unexpected turns.

📱 Founding and Losing VKontakte

Pavel Durov founded VKontakte in 2006. The network became popular, but in December 2013, he sold his remaining 12% stake to Ivan Tavrin and left the project.

"What you own, sooner or later owns you... By selling my share in VKontakte to my friend Ivan Tavrin, I achieved this goal."

On April 1, 2014, Durov announced his resignation as CEO of VKontakte LLC.

On April 21, the owners of the social network accepted his resignation request 🤯

Since 2014, VKontakte has been fully owned by Mail.Ru Group.

In a way, Durov repeated the fate of Steve Jobs, who was fired from his own company, Apple 📱

But this didn't stop him...

📱 Telegram: A New Challenge

In 2013, Durov launched Telegram, a symbol of freedom of speech and data protection.

In 2018, he announced the blockchain platform TON 💎 with the cryptocurrency Gram, attracting $1.7 billion.

But in 2020, the project was shut down due to a ban by the US Securities and Exchange Commission.

Since 2017, Durov has lived in Dubai, where Telegram's headquarters is located. He also holds a passport from Saint Kitts and Nevis.

🤨 Latest News

In April, Pavel gave an interview to Tucker Carlson, which garnered 1.2 million views in a day 👀

And at the end of July this year, Durov shocked everyone with a message:

"I was just told that I have more than 100 biological children.

How is this possible for a guy who has never been married and prefers to live alone?"

Additionally, it was recently revealed that Durov made his debut on Bloomberg's billionaire list, ranking 279th with a net worth of $9,150,000,00. In the Forbes list, he still holds the 121st spot.

💡 Conclusion

Pavel Durov will continue to amaze us ... with his achievements and ideas.
#tonecoin #Write2Earn! #NOT🔥🔥🔥

📉 Why was the market falling today?

Hello friends and everyone, today the market is not in the best condition. Let's understand.

Yesterday the Fed meeting was held, where everything was quite positive. Powell made it clear that the Fed Funds rate is likely to be cut in September. Of course, they will be looking at annual inflation and so on.

📑 There is an important but. The annual inflation sample includes all 12 months, a new month is added, the one from a year ago is dropped from the calculation. (I hope that's clear). Last year, August/September for two added as much as 0.9% to inflation.

Which means that if inflation is 0% in those months this year, the rate cut will be 100%.

By the way, a 100% cut is also already mortgaged by the market, so we could have a frontrunner in August/September. And even if we fall now, it doesn't change anything globally.

I keep betting on September as a month with possible positivity for risk assets (crypto)

🔖 Why did it fall?

1) Fed meeting pattern. The first 2-3 days after the meeting the market always falls.
2) Rising geopolitical risks in the Middle East.

❕ It's hard, it's boring, it's exhausting. But this is the market, and there is no other way. 70% of the time the market is either falling or flat, and only 30% is growing 🔥
#BTC☀ #Write2Earn! #EarnFreeCrypto2024

🐹 What's the Deal With $HMSTR's Pre-Market

Today we'll discuss the launch of $HMSTR token pre-marketing, possible listings and round 2 airdrop.

✏️ What is pre-market?

It's the opportunity to purchase tokens at the current price before they officially debut on the exchange. Investors can reserve tokens and potentially profit from price differences after listing (of lose all money from price differences).

However, it's important to understand that pre-market is not the same as listing.

Especially since token sales are currently unavailable, the platform is solely for reservation at a specified price. ❌

🐹 Advantages and risks of pre-market

The advantage of participating in pre-market is the opportunity for early assessment of the token's potential and entry into the market before its official launch.

However, there are risks too, such as:

— Uncertainty in the quantity of tokens allocated for investors
— Lack of detailed information on tokenomics and token distribution
— Need for additional data for a deeper evaluation of the token's current value

🐹 What exchanges will list $HMSTR

Expected exchanges include ByBit, Kucoin, BingX, and possibly OKX, Bitget and the king Binance.

However, that still remains a speculation, even though, which is likely to be true?
#Write2Earn! #EarnFreeCrypto2024 #

TRON founder Justin Sun urges Ilon Musk to do it for Bitcoin.

TRON founder Justin Sun has publicly called on Ilon Musk to bring back the Bitcoin emoji on X, formerly known as Twitter. The digital currency symbol, which was once a frequent presence in bitcoin-related discussions on the platform, has mysteriously disappeared.
The mystery surrounding the disappearance of the Bitcoin emoji has caused concern among members of the crypto community, especially those active on X. The platform has historically served as a central hub for cryptocurrency discussion, and its user base has often been at the forefront of industry trends.
Bitcoin's emoji have been shorthand for the digital asset, embellishing communication and engagement.

Musk can be described as a supporter of the cryptocurrency as he has previously expressed his support for Bitcoin. His support has been instrumental in the mass adoption of the asset, cementing his status as a key influencer in the digital currency space. And especially in the #doge⚡ community, for example.

Given his history of promoting Bitcoin and his understanding of the crypto community, Sun's appeal is aimed directly at Musk's influence. By reinstating the Bitcoin emoji, the billionaire could reaffirm his support for $BTC and demonstrate his continued commitment to the cryptocurrency's adoption.

Such a move is likely to be met with enthusiasm by market participants and could further influence the positive sentiment that is currently building around Bitcoin.
#BTC☀ #Write2Earn! #EarnFreeCrypto2024

😐 Memes Take Over the Crypto Market or Even the World
Why have memes attracted 70% of the total trading volume in the crypto industry and why will they continue to grow in 2024?

Recently, hedge fund Gotbit shared their thoughts on this. Let's go over the main ideas.
😀 Tier-1 Projects Lose Their Appeal
In the past, the strategy of "buy at listing" worked great. But in 2024, things have changed. For example, the $W token fell by 85% after listing 📉

The reasons are simple:

Projects raise 4-5 VC rounds BEFORE listing, starting with Pre-seed at $10M and up to Series-B at $1B+. Then they list at $2B-$15B+.
VCs have enormous liquidity and the ability to sell on OTC with a 30-50% discount.
😀 Memes Attract Retail
Retail investors are losing trust in large projects and moving to memes. Stories of someone investing $100 and making $100,000 attract retail. In memes, retail is not just exit liquidity but finds its chances for success.
😀 The Appeal of Memes
Memes are an expression of pop culture. A cool picture, organic community, and a catchy phrase attract retail much more than technical advantages.
Example: the $WIF token with the phrase "Does this dog still a Hat?" gained popularity thanks to its simplicity and humor.#wifhatdog
😀 Rapid Learning of Retail
While memes can be complex to understand, retail learns quickly. Coins of celebrities and rappers, which attracted millions of dollars in the previous cycle, are no longer as popular. Retail understands that cultural significance is as important as technology.
🪙 The Future Belongs to Memes
Memes will continue to dominate as long as retail finds maximum benefits in them. In the next cycle, VCs and project founders might realize the importance of creating culture and organic community. But for now, the time of memes continues.

As one of the richest people on Earth, Elon Musk, said:
👤 "Memes are power"
So, the future belongs to culture, organic communities, and of course, cute cats and dogs 😔 #shiba⚡ #pepe⚡ #Wite2Earn #EarnFreeCrypto2024

📊 Saylor predicts Bitcoin at $49M or $3M by 2045

Michael Saylor predicts (https://x.com/saylor/status/1817170455578427708) that by 2045, Bitcoin's price could reach $49 million in a bullish scenario, while in a bearish scenario, it could fall to $3 million 💬
#BTC☀ #Write2Earn!

Bitcoin has rebounded near the support area, showing strong buying pressure. The market remains unchanged, and we may experience sideways movement.
#BTC☀ #Write2Earn! #EarnFreeCrypto2024

🎩 Elon Musk's Crypto Assets: What's in His Portfolio?

Today, we want to delve into the cryptocurrency portfolio of Elon Musk. This entrepreneur and founder of companies like Tesla and SpaceX is a vocal supporter of cryptocurrencies and has often influenced their prices with his statements.

Elon Musk 👤 is known not only as a technological innovator but also as one of the most influential investors in the crypto world. His tweets can literally change market prices.

So, what digital assets does Elon Musk hold?

🪙 Bitcoin

In February 2021, Musk announced that Tesla had bought $1.5 billion worth of Bitcoin and would start accepting it as a form of payment.

This news led to a surge in Bitcoin and other cryptocurrencies.

However, later in May, 👤 Musk shocked everyone by retracting the decision to accept Bitcoin due to environmental concerns, causing its price to drop.

His concerns are based on two factors:

1️⃣ The carbon footprint of Bitcoin is comparable to that of the entire country of Uzbekistan.

2️⃣ The electricity consumption of this currency is comparable to the total electricity consumption of Thailand.

Despite this, Musk believe in Bitcoin's potential.

⚪️ Ethereum: The Mysterious Tweet

In April 2019, Elon Musk tweeted a single word:

"Ethereum"

This tweet increased investor interest in the cryptocurrency. Despite initially stating that he does not use Ethereum, Musk now claims that he owns this currency.

🐶 Dogecoin: The People's Cryptocurrency

Musk 👤 said he invested in Dogecoin because it resembles the people's cryptocurrency. He found that many employees at SpaceX and Tesla own Doge, which also pushed him to invest.

He also announced that Tesla would release some merchandise that could be purchased with Doge. This statement by Musk raised the price of Dogecoin by 23%.

Additionally, Musk loves memes and dogs.
One time on X, Elon Musk wrote:

"I still have a lot of Dogecoin, and SpaceX has a lot of Bitcoin."
#BTC☀ #doge⚡ #ETHETFsApproved #Write2Earn!

❌ Elon Musk and $DMAGA: How One Post Boosted the Token Hundreds of Times!

One guy managed to get a 7688% return in a few days, selling tokens for $136,000.

Recently, Elon Musk👤, Marc Andreessen, and a few other founders, as well as dozens, if not hundreds, of their fans, added laser eyes and a red background to their profiles.

👀 At first glance, it might have seemed like a continuation of their open support for Trump and the use of the acquired Twitter to influence the electorate.But it turned out to be simpler: it's another crypto-pump story with the "patriotic" shitcoin $DMAGA (Dark MAGA — a reference to the Dark Brandon meme).
According to legend, the creators of the meme coin sent Musk an avatar they made, and...As soon as 👤 he set it as his profile picture, the price of $DMAGA skyrocketed hundreds of times!

Another patriot bought $5K worth of $DMAGA, which turned into $1.8M in just three days 🤯

This is yet another example of how, in the world of cryptocurrencies, sometimes all it takes is a single tweet or profile picture change for investors to reap incredible profits 🤑

#Write2Earn! #FreeCryptoEarnings #BTC☀

🚨 Beware of SCAMS! Over $1.56 Billion Stolen in 2024

In the first six months of 2024, the crypto space witnessed over 200 major hacks and scams, with total losses amounting to $1.56 billion. Only $319 million of this amount has been recovered.

For comparison, losses in 2023 were nearly three times lower, at around $480 million.

However, these losses pale in comparison to the biggest crypto scams in history. Let's recall the 5 most notorious ones.

The Largest Scams in History

5️⃣HyperFund: $1.89 Billion

HyperFund, also known as HyperCapital, HyperTech, HyperNation, and HyperVerse, was a platform for mining and investing in cryptocurrency that defrauded investors of around $1.89 billion from 2020 to 2022.

The operators claimed that investors would earn significant profits by supporting mining operations, although in reality, no such operations existed.

4️⃣BitConnect: $2.4 Billion

BitConnect was a crypto investment platform with its own token, BitConnect Coin (BCC). At its peak, BitConnect reached a market capitalization of $3.4 billion and even became a meme.

Today, it is known as one of the largest crypto scams.

3️⃣Thodex: $2.6 Billion

Thodex was one of the leading cryptocurrency exchange platforms in Turkey, with over 390,000 active users before its sudden closure in 2021.

Initially, Thodex conducted legitimate exchanges, but its true intention was to defraud clients by generating fake transaction values.

2️⃣OneCoin: $4 Billion

Until recently, OneCoin was considered the largest crypto scam in history. Starting in 2014, OneCoin was sold through a global MLM scheme, defrauding millions of victims of over $4 billion.

The founders promised a "financial revolution" and the overthrow of Bitcoin, but OneCoin crypto packages turned out to be completely worthless.
1️⃣FTX and Alameda Research: $8 Billion

According to a 2024 press release from the U.S. Department of Justice, Sam Bankman's scheme defrauded clients of over $8 billion. This is one of the most complex crypto fraud cases to date.
#Write2Earn! #BTC☀

😲76% of NVIDIA employees have become millionaires.

Now there are over 17,000 of them in the company. Can you imagine how many people can start living their best lives (or are already actively living them)?

The numbers don't lie...

The right side of the chart, with NVIDIA's skyrocketing value to $3 trillion, is certainly impressive 🚀

But the left side of the chart — results from an anonymous survey by Teamblind Inc. of NVIDIA employees' net worth — is simply staggering:

More than a third of employees have a net worth exceeding $20 million 😱

➡️ Here are the exact figures:

— 36.6% have a net worth over $20 million
— 7.8% have between $10 million and $20 million
— 8.5% have between $5 million and $10 million
— 8.6% have between $3 million and $5 million
— 14.4% have between $1 million and $3 million
— 24.3% have up to $1 million

🤔 What is "net worth"?

It is the difference between a person's assets (everything they own) and their liabilities (debts).

In the context of employees at a major tech company like NVIDIA, this often relates to owning company shares, stock options, or other forms of compensation that significantly boost their overall wealth.

As the survey showed, nearly everyone at NVIDIA who owns shares and options has already become a millionaire🏆

If this isn't success, then what is? ✨

The same will follow crypto Coin holders, in the next 12 months.
This will be the longest bullrun ever.
#Write2Earn! #BTC☀

💵 How not to get on honeypot?

Friends, imagine: a new coin, the chart is flying upwards, promises of golden mountains...
You are ready to invest, but stop! You might be facing a cunning honeypot — a trap designed to fool gullible investors.

📥 How does this scheme work?

• Tempting Bait. Scammers clone popular coins or create one-day projects with unrealistic promises of profits. They have a perpetually rising chart with no drawdowns.
• Smart contract with a secret. The code contains a mechanism that allows fraudsters to block the sale of tokens after purchase. The money gets trapped!
• Disappearance. Once scammers accumulate enough funds, they disappear, leaving investors with nothing.

🔖 Signs of honeypot:

• Closed source smart contract.
• Anonymous development team.
• Social media with fake followers and aggressive marketing.
• Promises of super big returns too good to be true.

📑 How not to get caught?

• Check the project and its creators thoroughly.
• Check the source code of the smart contract (if it is open source).
• Don't trust quick and easy money.

❕ Remember: in the world of cryptocurrencies it is important to keep a cool head and carefully check the information. Safety first 🔥

#Write2Earn! #EarnFreeCrypto2024 #BTC☀

U.S. presidential candidate Robert F. Kennedy Jr. at Bitcoin 2024 conference

🔴 Plans to transfer 200,000 BTC to the U.S. Treasury as a strategic asset.

🔴 Proposes the U.S. Treasury buy 550 BTC daily until a reserve of 4,000,000 BTC is established.

🔴 Believes Bitcoin's value could reach hundreds of trillions of dollars.

🔴 Advocates for tax-free transactions between the dollar and BTC.

🔴 Supports using Bitcoin for real estate purchases.

🔴 Describes Bitcoin as a technology of freedom, hope, optimism, and independence, calling it the perfect currency.

#BTC☀ #Write2Earn! $BTC