Vitalik Buterin's Wealth!

As of January 2024, Vitalik Buterin's net worth is estimated at approximately $552.86 million. This value is largely based on Ethereum (ETH) assets. Buterin's $ETH known assets amount to approximately 246,730 tokens.

Beyond ETH, Buterin has also invested in various cryptocurrencies and projects. For example, there are different crypto assets such as Kyber Network (KNCL) and Wrapped Ether (WETH). It also invests in projects such as StarkNet.

Spot Ethereum ETF launch delayed due to SEC comment. The SEC extended the review process for applications by requesting more information during the application process. This caused delays in the launch of spot Ethereum ETFs.

Such comments and requests for additional information by the SEC make it difficult to meet the expectations of investors and market participants and create uncertainty. Especially the applications of large companies and the great expectations in the market further increase the impact of these delays.

The SEC keeps suing crypto-related things all the time. Even though America is the country that holds the most Bitcoin, it is constantly trying to undermine the crypto. This contradictory attitude seems to be in order to control the crypto market and attract Bitcoins.

Regulations and lawsuits are being used to stifle the potential of cryptocurrencies. Suppressing crypto under the pretense of both protecting investors and ensuring market stability could stifle innovation and make it harder to adopt digital assets. I interpret this American approach towards crypto as a strategy to both keep the industry under control and take leadership.
#Bitcoin#crypto

Making Money with Airdrops!

Airdrop is a method in the cryptocurrency world where a project distributes tokens for free to a specific audience or community. Usually, the promotion of a new project is done to get users to try the project or to reward an existing community.

You can read the detailed article I prepared about this👉

VanEck applied for Solana ETF!

This development is big news for those who follow $SOL . VanEck making such a move shows that trust and interest in Solana has increased. While Solana is known for its speed and low costs, it has now entered the radar of large investors. Let's see if this ETF application will be approved, how will the crypto market react to this news? Things are getting intense!

WILL CHINA REMOVE BITCOIN BAN?

China's ban on Bitcoin mining appears to have caused miners to move to other countries, particularly the United States. This situation provided a significant amount of tax revenue to the USA due to the miners transported. China's implementation of these bans since 2019 seems to have reshaped the global cryptocurrency mining map.

The comments of experienced figures such as Wang Yang on this issue may provide important clues as to whether China's policy will change in the future. Especially if cryptocurrency supporters like Donald Trump come to power again, the international interactions of these policies may also gain importance.

THAT DEVELOPMENT THAT MAY INCREASE ALTCOINS IS COMING SOON!

The recent news that the SEC approved spot Ethereum ETFs caused great repercussions in the cryptocurrency world. This approval will create a significant change in the crypto market by allowing Ethereum to reach a wider audience of investors. We haven't seen the effect yet, but we will.

In order for Spot $ETH ETFs to begin trading, companies must submit S-1 registration statements to the SEC and these statements must be approved. It is stated that this process may take several days or weeks. According to reliable sources, the anticipated date for these ETFs to start trading could be July 4.

With this approval, Ethereum is expected to become more attractive to institutional investors. Large capital funds moving towards Ethereum could increase market volume and liquidity. In addition, it is thought that a possible increase in the price of Ethereum will have a positive effect on other altcoins. This could lead to overall growth in the crypto ecosystem by increasing interest in altcoin projects.

IT'S RISE TIME FOR ALTCOINS!

SEC approved spot $ETH ETFs. However, for ETFs to officially begin trading, firms must file their S-1 registration statements with the SEC, and the SEC must approve those registrations. It is stated that this process may take several days or weeks. According to information from important sources, this date may be July 4!

This development makes Ethereum more accessible to mainstream investors and could enable significant institutional capital to flow into the Ethereum market. At the same time, an increase in the Ethereum price may be positive for altcoins.

SEC Chairman Gary Gensler stated that the spot $ETH ETF approval process was proceeding smoothly. However, Gensler and other commissioners were not directly involved in this approval process; The decisions were made by the SEC's Trading and Markets Division. This method is stated as one of the SEC's standard practices.

Meme coins experience significant increases, especially in positive periods in the cryptocurrency market. These types of cryptocurrencies usually show a rapid recovery after periods of decline. When we looked at meme coins after the recent declines, we saw rapid increases again. $DOGE $FLOKI $BONK etc. like.

Since Meme coins generally have high volatility, investors have the potential to make large short-term gains. This can lead to large increases during periods when the market is positive.

After the big decline in cryptocurrencies yesterday, there were very good increases from what I call a buying opportunity. Almost every coin is on the rise 💸💸 Don't forget to follow me to turn such crisis moments into opportunities 👍

WHICH COINS DO I BUY?

If we had considered every decline in the past 2 years as a buying opportunity, we would probably have made a profit on all of them. For this reason, it is necessary to evaluate these days accordingly. If there is no decline, how will we buy coins cheaply? So, which coins did I see a buying opportunity in this decline and bought for myself?

I usually add $ETH and $BNB at each drop. Since I think the prices of $ROSE and #APT are very low, I see them as buying opportunities. In the field of artificial intelligence, #RNDR can pump quickly after declines. #ENA The price also remained low. It can quickly reach the $1 level.

WHAT WILL BE THE RESULT OF THE BIG FALL?🔥

There have been huge declines, but they are still not very bad levels for Bitcoin. When we look at the long term, we will see record breaking days. When we look at the past, we experienced many similar days and when we look at today, it turns out that they were all buying opportunities. If we had added to past declines, we would have made a profit on all of them. We need to see these days as opportunities and act accordingly.

BITCOIN STARTED TRADING BELOW 60 THOUSAND DOLLARS!

Bitcoin dropped more than $3,000 today. It has decreased by approximately 7 thousand dollars in the last 7 days. Many positions were eliminated. The remaining fields are ours, friends. There is no need to be afraid. Don't forget the $BTC price and ETF approvals. Those who open leveraged transactions here are truly brave because there is nothing we can say is impossible in this market.

What Do I Buy When the Market Is Falling?

If I have cash at every drop, I already buy plenty of $ETH $BNB .

As artificial intelligence, $RNDR recovers quickly.

$ROSE $APT is low, $ENA also dropped a lot, when it recovers well it can reach $1 quickly.

My follow-ups are like this, what are you following?

A HUGE CORRECTION HAS ARRIVED!

One of the biggest corrections of recent times took place in the crypto market, and this time not only altcoins but also major cryptocurrencies saw serious declines. It experienced a significant correction, falling to $BTC 60 thousand dollars and is currently trading at 61 thousand dollars.

In addition to Bitcoin, $ETH and other major cryptocurrencies also had their share of this decline. Such major corrections in crypto markets often create buying opportunities for investors. After major declines, the market may tend to recover, so it may make sense to make strategic purchases during declines.

For investors, these times can present opportunities to strengthen their portfolios and add to them for long-term gains. Remember, keeping your cool and making strategic moves during such major declines will provide significant gains in the future.

The chart shows the networks with the most active players in the last 30 days. Let's look at these networks in detail;

▪️Ronin (27 Million): Ronin has reached a large user base with the Axie Infinity game.

▪️Polygon (13.9 Million): The Polygon network is a platform preferred by many game developers with its low transaction fees and speed.

▪️Near (13.6 Million): Many games have reached a large player base using this network.

▪️Klaytn (6.2 Million): Based in South Korea, Klaytn is especially popular in Asia and has many game projects.

▪️BNB Chain (5.6 Million): Binance's BNB Chain network has been the choice of many game developers by offering low transaction fees and high speed.

▪️Wax (4.1 Million): WAX is widely used in trading digital assets and gaming projects.

▪️Solana (2.2 Million): Solana is used by many game projects with its high transaction speed and low fees.

▪️Flow (855 Thousand): The Flow network is designed specifically for NFTs and games. Popular projects such as NBA Top Shot run on Flow.

▪️EOS (796 Thousand): EOS is a platform used for dApps and games and has a large user base.

▪️Arbitrum (575K): Arbitrum provides fast and cheap transactions for games and dApps on Ethereum.

▪️zkSync (505 Thousand): zkSync is a scalability solution for Ethereum and is used by gaming projects.

▪️Base (131 Thousand): Base network is a lesser-known platform that hosts game projects.

▪️Fantom (83 Thousand): Fantom is a high-speed and low-cost blockchain and hosts various gaming projects.

▪️Avalanche (51 Thousand): Avalanche offers fast and secure transactions and is used by game developers.

▪️Immutable (44 Thousand): Immutable is a platform designed especially for NFT-based games.

▪️Ethereum (31 Thousand): Ethereum is little used due to high transaction fees.

GOLD-BACKED STABLECOIN IS COMING!

Tether introduced its new gold-backed product "Alloy". This new stablecoin aims to offer its users a safe digital asset by combining the stability of the dollar with the security of gold. Alloy stands out as an innovative solution in the crypto world by offering gold-backed tokens for investors to better protect their assets.

Alloy tokens will be backed by a certain amount of physical gold that Tether holds in its facilities. The value of each Alloy token will be covered by a certain amount of gold, allowing users to know that there is a real entity behind their tokens.

🎯 Developments continue on BitlayerLabs, one of the first Bitcoin L2s based on the BitVM technology we mentioned before.

▪️A TVL of approximately 430 million dollars was reached in the first season of the BitLayer Mining Gala event. The new season of this event will be announced soon. You can follow all developments about the project on BitlayerLabs Twitter account.