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Daily CRYPTO NEWS recapđđ„ - 6th of September 2024
Crypto Market Plunges into 'Extreme Fear';
Bitcoin Slips Below $55,000 and Continues to Go Down;
Durov Breaks Silence with First Public Statement Since Arrest.
âąCrypto sentiment has dropped to a monthly low following another significant Bitcoin pullback. The Crypto Fear & Greed Index, a trusted indicator of market emotions, fell to 22 today, signalling widespread fear. The last time it hit a such low level (17), Bitcoin dropped to $49,000. With as terrible sentiment low, $BTC may see further declines in the coming days.
âąToday, Bitcoin fell below $55,000 as the downtrend continues, but why? A key reason could be historical data, showing September is typically a red month for crypto. Another factor is the Fear & Greed Index dropping into Extreme Fear. Lastly, in recent days we experienced many market sales by various governments. This decline may last 2-3 more weeks, presenting a chance to accumulate BTC in good price.
âąTelegram and $TON founder Pavel Durov was arrested in France on August 24 for allegedly failing to cooperate with authorities. After posting $5.5 million in bail, he was released but remains under court monitoring, unable to leave the country. In his first statement since the arrest, Durov expressed surprise, noting that Telegram has a legal representative in France. He also criticized the government's handling of the situation, emphasizing that, as a French citizen, authorities had numerous other ways to contact him.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #TON #TelegramCEO #CryptoMarketTrend #FearIndex
Crypto Market Plunges into 'Extreme Fear';
Bitcoin Slips Below $55,000 and Continues to Go Down;
Durov Breaks Silence with First Public Statement Since Arrest.
âąCrypto sentiment has dropped to a monthly low following another significant Bitcoin pullback. The Crypto Fear & Greed Index, a trusted indicator of market emotions, fell to 22 today, signalling widespread fear. The last time it hit a such low level (17), Bitcoin dropped to $49,000. With as terrible sentiment low, $BTC may see further declines in the coming days.
âąToday, Bitcoin fell below $55,000 as the downtrend continues, but why? A key reason could be historical data, showing September is typically a red month for crypto. Another factor is the Fear & Greed Index dropping into Extreme Fear. Lastly, in recent days we experienced many market sales by various governments. This decline may last 2-3 more weeks, presenting a chance to accumulate BTC in good price.
âąTelegram and $TON founder Pavel Durov was arrested in France on August 24 for allegedly failing to cooperate with authorities. After posting $5.5 million in bail, he was released but remains under court monitoring, unable to leave the country. In his first statement since the arrest, Durov expressed surprise, noting that Telegram has a legal representative in France. He also criticized the government's handling of the situation, emphasizing that, as a French citizen, authorities had numerous other ways to contact him.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #TON #TelegramCEO #CryptoMarketTrend #FearIndex
Hamster Kombat, huge success behind simple clicker based on Telegram - all You should know about its massive popularity!
Hamster Kombat is a clicker game (Crypto Exchange CEO simulator) accessible to everyone via the Telegram app. The main objective is to accumulate as many points as possible by clicking or by upgrading the user-managed âcrypto exchangeâ to gain passive income. Users are motivated to stay active and play regularly to earn TGE tokens. Like other Telegram-based play-to-airdrop games, Hamster Combat aims to build a strong community and educate users about the advantages of Web3 apps and blockchain technologies, serving as an easy gateway to the innovative Web3 world.
Additionally, the viral growth of Hamster Kombat has broken many world records. For instance, the gameâs YouTube profile has nearly outperformed Mr. Beastâs channel, accumulating over 10 million subscribers in less than one week. Its Telegram channel boasts more than 50 million subscribers, six times more than $NOT coinâs channel, making it the largest TON project currently and indicating a promising future for its token.
When can we expect the first airdrops? That is a good question, as every project participant is eagerly anticipating it! According to the projectâs official roadmap, we currently have the ability to connect a TON wallet to the app, and the TGE is expected to occur later this month.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #Airdrops_free #Hamsterkombat #tonecoin
Hamster Kombat is a clicker game (Crypto Exchange CEO simulator) accessible to everyone via the Telegram app. The main objective is to accumulate as many points as possible by clicking or by upgrading the user-managed âcrypto exchangeâ to gain passive income. Users are motivated to stay active and play regularly to earn TGE tokens. Like other Telegram-based play-to-airdrop games, Hamster Combat aims to build a strong community and educate users about the advantages of Web3 apps and blockchain technologies, serving as an easy gateway to the innovative Web3 world.
Additionally, the viral growth of Hamster Kombat has broken many world records. For instance, the gameâs YouTube profile has nearly outperformed Mr. Beastâs channel, accumulating over 10 million subscribers in less than one week. Its Telegram channel boasts more than 50 million subscribers, six times more than $NOT coinâs channel, making it the largest TON project currently and indicating a promising future for its token.
When can we expect the first airdrops? That is a good question, as every project participant is eagerly anticipating it! According to the projectâs official roadmap, we currently have the ability to connect a TON wallet to the app, and the TGE is expected to occur later this month.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #Airdrops_free #Hamsterkombat #tonecoin
Daily CRYPTO NEWS recapđđ„- 07.07.2024
Solana leads African crypto market; New way to integrate Web3 apps on mobile devices; Nigerian CB vs. Binance! (read more below)
âąSolana made massive impact on Africanâs crypto market
The Chief Marketing Officer of Flincap, has emphasized the cryptocurrency industry's remarkable growth, particularly highlighting Solana's resilience and community efforts in Africa. Despite challenges such as regulatory issues, the African crypto industry remains robust. The strength and adoption of blockchain technology heavily rely on community support. The Solana Foundation has initiated several activities, including meetups, hackathons, and educational workshops, to foster this growth. That is why Solana is widely chosen to escape inflationary currencies in many African countries in economic crisis.
âąNew, easy solution for Web3 developers for Android and IOS
Valora, a P2P payment company, aims to expand Web3 beyond its current crypto-native audience. They have recently launched "Mobile Stack," a decentralized, permissionless, and open protocol launchpad, which is considered as a valid solution for this expansion. Research indicates that only 8 out of the top 100 Web3 DApps have a mobile-native experience. This niche presents a significant opportunity for Valora to make Web3 apps more user-friendly and accessible. Mobile Stack is expected to facilitate the creation of DeFi services and enable easier "learning-to-earn" campaigns.
âąNigerian Central Bank Accuses Binance of Illegal Transactions
The Central Bank of Nigeria (CBN) has criticized Binance for performing banking services without authorization. The Nigerian government has accused Binance and its executives of conspiring to obscure the origins of $35.4 million in proceeds from illegal activities in Nigeria. From reports we know that Binance also facilitated currency conversions from naira to dollars, which requires CBN authorization.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #VanEck_SOL_ETFS #NigeriaCrypto #web3_binance
Solana leads African crypto market; New way to integrate Web3 apps on mobile devices; Nigerian CB vs. Binance! (read more below)
âąSolana made massive impact on Africanâs crypto market
The Chief Marketing Officer of Flincap, has emphasized the cryptocurrency industry's remarkable growth, particularly highlighting Solana's resilience and community efforts in Africa. Despite challenges such as regulatory issues, the African crypto industry remains robust. The strength and adoption of blockchain technology heavily rely on community support. The Solana Foundation has initiated several activities, including meetups, hackathons, and educational workshops, to foster this growth. That is why Solana is widely chosen to escape inflationary currencies in many African countries in economic crisis.
âąNew, easy solution for Web3 developers for Android and IOS
Valora, a P2P payment company, aims to expand Web3 beyond its current crypto-native audience. They have recently launched "Mobile Stack," a decentralized, permissionless, and open protocol launchpad, which is considered as a valid solution for this expansion. Research indicates that only 8 out of the top 100 Web3 DApps have a mobile-native experience. This niche presents a significant opportunity for Valora to make Web3 apps more user-friendly and accessible. Mobile Stack is expected to facilitate the creation of DeFi services and enable easier "learning-to-earn" campaigns.
âąNigerian Central Bank Accuses Binance of Illegal Transactions
The Central Bank of Nigeria (CBN) has criticized Binance for performing banking services without authorization. The Nigerian government has accused Binance and its executives of conspiring to obscure the origins of $35.4 million in proceeds from illegal activities in Nigeria. From reports we know that Binance also facilitated currency conversions from naira to dollars, which requires CBN authorization.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #VanEck_SOL_ETFS #NigeriaCrypto #web3_binance
Daily CRYPTO NEWS recapđđ„- 06.07.2024
âąSpot Bitcoin ETFs see record inflows after $BTC 's July 4 dip
After recently dropping to around $54K, Bitcoin has experienced massive inflows from spot ETFs, with a remarkable $143.1 million flowing into these financial products. Bitcoin's pullback is often seen as a great opportunity to accumulate this asset, leading to a "buy the dip" mentality that drove people to purchase a significant number of ETFs.
âąTaiwan Mobile receives VASP license and enters crypto arena
Taiwan Mobile, the second-largest telecommunications provider in the country, has obtained a virtual asset service provider (VASP) license from the Financial Supervisory Commission (FSC), according to local reports. This license paves the way for Taiwan Mobile to launch a cryptocurrency exchange. To secure the VASP license, the company had to comply with several Anti-Money Laundering (AML) requirements. Meeting these requirements makes the company eligible for membership, opening another source of inflows into the cryptocurrency market and strengthening the global position of digital assets.
âąMt. Goxâs $8.2 billion in Bitcoin ready for distribution, could it be sold entirely?
Most of the repaid Bitcoins from the defunct crypto exchange Mt. Gox could be market-sold, potentially causing additional downward pressure on BTC. Many analysts believe that these repayments are likely to be sold immediately at market price, as this is currently happening with most of the distributed coins. However, currently distributed only around 0,1%, so this assumptions are not fully accurate.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #MtGoxJulyRepayments #BTCETFSPOT #taiwan
âąSpot Bitcoin ETFs see record inflows after $BTC 's July 4 dip
After recently dropping to around $54K, Bitcoin has experienced massive inflows from spot ETFs, with a remarkable $143.1 million flowing into these financial products. Bitcoin's pullback is often seen as a great opportunity to accumulate this asset, leading to a "buy the dip" mentality that drove people to purchase a significant number of ETFs.
âąTaiwan Mobile receives VASP license and enters crypto arena
Taiwan Mobile, the second-largest telecommunications provider in the country, has obtained a virtual asset service provider (VASP) license from the Financial Supervisory Commission (FSC), according to local reports. This license paves the way for Taiwan Mobile to launch a cryptocurrency exchange. To secure the VASP license, the company had to comply with several Anti-Money Laundering (AML) requirements. Meeting these requirements makes the company eligible for membership, opening another source of inflows into the cryptocurrency market and strengthening the global position of digital assets.
âąMt. Goxâs $8.2 billion in Bitcoin ready for distribution, could it be sold entirely?
Most of the repaid Bitcoins from the defunct crypto exchange Mt. Gox could be market-sold, potentially causing additional downward pressure on BTC. Many analysts believe that these repayments are likely to be sold immediately at market price, as this is currently happening with most of the distributed coins. However, currently distributed only around 0,1%, so this assumptions are not fully accurate.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #MtGoxJulyRepayments #BTCETFSPOT #taiwan
Daily CRYPTO NEWS recapđđ„- 05.07.2024
âą$BTC crashes to $53K, but can it go even lower?
On July 5, Bitcoin plunged to $53,600 on Coinbase, marking its lowest price since February. Analysts fear that the worst may still be ahead. Speaking to Cointelegraph, eToro market analyst Josh Gilbert attributed much of the sell-off to concerns over Mt. Gox creditor repayments, which will release approximately $8 billion worth of BTC into the market in July. However, many other specialists believe that the "buy the dip" mentality will help prevent further losses for Bitcoin.
âą$SOL ETFs are coming?! - all You should know
Matthew Sigel, head of digital asset research at VanEck, stated that the launch of a Solana ETF by VanEck depends significantly on the outcome of the 2024 presidential election and whether Gary Gensler remains chairman of the U.S. Securities and Exchange Commission (SEC), according to Odaily. Sigel emphasized the potential influence of cryptocurrency voters in the upcoming election, noting a shift in the regulatory landscape as several Democrats have recently supported cryptocurrency legislation.
âąVitalik Buterin opts for faster Ethereum (EIP-7732 upgrade)
Ethereum developers have introduced a new Ethereum Improvement Proposal, EIP-7732, aimed at overhauling the block validation process to accelerate the blockchain. This proposal brings significant changes by separating block validation into two distinct processes: consensus and execution. The goal is to enhance the blockchain's security and performance. This initiative responds to the growing demand for a more efficient and faster blockchain, aligning with Vitalik Buterin's vision to improve transaction confirmation times.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #VanEck_SOL_ETFS #MtGoxJulyRepayments #ethupdates
âą$BTC crashes to $53K, but can it go even lower?
On July 5, Bitcoin plunged to $53,600 on Coinbase, marking its lowest price since February. Analysts fear that the worst may still be ahead. Speaking to Cointelegraph, eToro market analyst Josh Gilbert attributed much of the sell-off to concerns over Mt. Gox creditor repayments, which will release approximately $8 billion worth of BTC into the market in July. However, many other specialists believe that the "buy the dip" mentality will help prevent further losses for Bitcoin.
âą$SOL ETFs are coming?! - all You should know
Matthew Sigel, head of digital asset research at VanEck, stated that the launch of a Solana ETF by VanEck depends significantly on the outcome of the 2024 presidential election and whether Gary Gensler remains chairman of the U.S. Securities and Exchange Commission (SEC), according to Odaily. Sigel emphasized the potential influence of cryptocurrency voters in the upcoming election, noting a shift in the regulatory landscape as several Democrats have recently supported cryptocurrency legislation.
âąVitalik Buterin opts for faster Ethereum (EIP-7732 upgrade)
Ethereum developers have introduced a new Ethereum Improvement Proposal, EIP-7732, aimed at overhauling the block validation process to accelerate the blockchain. This proposal brings significant changes by separating block validation into two distinct processes: consensus and execution. The goal is to enhance the blockchain's security and performance. This initiative responds to the growing demand for a more efficient and faster blockchain, aligning with Vitalik Buterin's vision to improve transaction confirmation times.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #VanEck_SOL_ETFS #MtGoxJulyRepayments #ethupdates
Daily CRYPTO NEWS recapđđ„- 04.07.2024
âąBitcoin falls below $58K first time in 2 months
On July 4, the price of Bitcoin briefly dipped to $57,874 on Coinbase, marking the first time it has fallen below $58,000 in over two months. This decline occurred as millions of dollars worth of leveraged long positions were liquidated, affecting traders who were anticipating a price increase. The broader pullback in Bitcoin's price is largely attributed to the upcoming repayments from the defunct Japanese crypto exchange Mt. Gox, which is set to begin distributing approximately $8.5 billion worth of BTC to its creditors in early July.
âąUK voters urge political parties to take a stand on Cryptocurrencies
As cryptocurrency dominates current U.S. political discussions, many UK residents feel it is missing from their countryâs political discourse. Under Prime Minister Rishi Sunak, the UK government unveiled plans to develop a regulatory framework for digital assets and stablecoins. However, these plans were delayed when Sunak called a general election. That means no changes in near future...
âąGerman government offloads 900 $BTC in current pullback
The German government recently sold a significant portion of the Bitcoin confiscated from an illegal streaming platform. They offloaded 900 BTC at a market price of $60,000 each. Analysts have criticized this move as financially irresponsible, with many speculating that it was intended to further depress Bitcoin's price. Coincidentally, on the same day, the U.S. government also sold nearly 4,000 BTC.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #pullback #MtGoxJulyRepayments #UKGovernment
âąBitcoin falls below $58K first time in 2 months
On July 4, the price of Bitcoin briefly dipped to $57,874 on Coinbase, marking the first time it has fallen below $58,000 in over two months. This decline occurred as millions of dollars worth of leveraged long positions were liquidated, affecting traders who were anticipating a price increase. The broader pullback in Bitcoin's price is largely attributed to the upcoming repayments from the defunct Japanese crypto exchange Mt. Gox, which is set to begin distributing approximately $8.5 billion worth of BTC to its creditors in early July.
âąUK voters urge political parties to take a stand on Cryptocurrencies
As cryptocurrency dominates current U.S. political discussions, many UK residents feel it is missing from their countryâs political discourse. Under Prime Minister Rishi Sunak, the UK government unveiled plans to develop a regulatory framework for digital assets and stablecoins. However, these plans were delayed when Sunak called a general election. That means no changes in near future...
âąGerman government offloads 900 $BTC in current pullback
The German government recently sold a significant portion of the Bitcoin confiscated from an illegal streaming platform. They offloaded 900 BTC at a market price of $60,000 each. Analysts have criticized this move as financially irresponsible, with many speculating that it was intended to further depress Bitcoin's price. Coincidentally, on the same day, the U.S. government also sold nearly 4,000 BTC.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #pullback #MtGoxJulyRepayments #UKGovernment
Daily CRYPTO NEWS recapđđ„- 02.07.2024
âąUS and German governments implement strategic crypto initiatives
The German and U.S. governments have garnered significant attention by transferring millions of dollars in cryptocurrency holdings. The German government has executed substantial Bitcoin transfers, while the U.S. government has moved Ether from seized funds. Data from on-chain analytics platform Arkham Intelligence reveals that over the past two weeks, the German government transferred 2,700 BTC to multiple exchanges. Concurrently, the U.S. government made large transactions, notably from an address holding approximately $11.75 million in $ETH seized from Estonian crypto entrepreneurs Sergei Potapenko and Ivan Turogin.
âąCircle becomes first licensed stablecoin issuer in EU under MiCA
On July 1, Jeremy Allaire, co-founder and CEO of Circle, announced that the firm has become the first stablecoin issuer in the European Union to secure regulatory approval under the EU's comprehensive Markets in Crypto-Assets (MiCA) framework. Circle's $USDC and EURC are now compliant with the new regulations, effective immediately. This approval dispels concerns that investors would need to redeem their stablecoins or transfer their funds to other digital assets to maintain compliance.
âąBitcoin hashrate drops to December 2022 levels
The $BTC hashrate drawdown, which measures dips in the network's computing power, has fallen to levels not seen since December 2022, post-FTX collapse. Currently at -7.6%, this metric suggests a potential price bottom for Bitcoin. Supporting indicators like the Bitcoin Exchange Reserve, Miners Position Index (MPI), and Bitcoin Miner Reserve also point to low selling pressure, signaling possible accumulation opportunities.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #MiCA #StablecoinSafety #BTCâ
âąUS and German governments implement strategic crypto initiatives
The German and U.S. governments have garnered significant attention by transferring millions of dollars in cryptocurrency holdings. The German government has executed substantial Bitcoin transfers, while the U.S. government has moved Ether from seized funds. Data from on-chain analytics platform Arkham Intelligence reveals that over the past two weeks, the German government transferred 2,700 BTC to multiple exchanges. Concurrently, the U.S. government made large transactions, notably from an address holding approximately $11.75 million in $ETH seized from Estonian crypto entrepreneurs Sergei Potapenko and Ivan Turogin.
âąCircle becomes first licensed stablecoin issuer in EU under MiCA
On July 1, Jeremy Allaire, co-founder and CEO of Circle, announced that the firm has become the first stablecoin issuer in the European Union to secure regulatory approval under the EU's comprehensive Markets in Crypto-Assets (MiCA) framework. Circle's $USDC and EURC are now compliant with the new regulations, effective immediately. This approval dispels concerns that investors would need to redeem their stablecoins or transfer their funds to other digital assets to maintain compliance.
âąBitcoin hashrate drops to December 2022 levels
The $BTC hashrate drawdown, which measures dips in the network's computing power, has fallen to levels not seen since December 2022, post-FTX collapse. Currently at -7.6%, this metric suggests a potential price bottom for Bitcoin. Supporting indicators like the Bitcoin Exchange Reserve, Miners Position Index (MPI), and Bitcoin Miner Reserve also point to low selling pressure, signaling possible accumulation opportunities.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #MiCA #StablecoinSafety #BTCâ
Daily CRYPTO NEWS recapđđ„- 01.07.2024
âąBitcoin's historical data suggest rebound in July
Bitcoin may experience a strong rebound in July following a lackluster performance in June, during which it fell nearly 7%. Historical data indicates that whenever June ends on a downtrend, the following month tends to see a significant recovery, with $BTC historically gaining an average of 7.42%. Memecoin analyst Murad highlighted that Bitcoin has posted minimum gains of 28% in the first few weeks of every July for the past six consecutive years.
âąVitalik Buterin compared crypto regulations to âanarcho-tyrannyâ
Ethereumâs outspoken co-founder and one of the biggest $ETH holders, Vitalik Buterin, recently expressed his frustration with the current state of cryptocurrency regulation and proposed a surefire solution to the problem. Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described how current regulatory efforts have essentially trapped well-intentioned cryptocurrency developers in a difficult position. He stated that cryptocurrency projects that merely demand money from users are allowed to operate freely, while projects that transparently explain how their yields are generated are classified as securities.
âąAI needs a killer app to prove itâs not a bubble â Goldman Sachs, MIT
Analysts from Goldman Sachs and MIT recently conducted an in-depth analysis of the generative artificial intelligence (AI) market to assess its short- and long-term viability for investors. They explored whether the current AI market is an expanding bubble poised to burst or the foundational "pickaxes and shovels" phase of the next technological and industrial frontier. While the answer is complex, their research suggests that AI requires another breakthrough innovation or a game-changing killer app to reach its full potential.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #BTC #AiNarratives #CPIAlert
âąBitcoin's historical data suggest rebound in July
Bitcoin may experience a strong rebound in July following a lackluster performance in June, during which it fell nearly 7%. Historical data indicates that whenever June ends on a downtrend, the following month tends to see a significant recovery, with $BTC historically gaining an average of 7.42%. Memecoin analyst Murad highlighted that Bitcoin has posted minimum gains of 28% in the first few weeks of every July for the past six consecutive years.
âąVitalik Buterin compared crypto regulations to âanarcho-tyrannyâ
Ethereumâs outspoken co-founder and one of the biggest $ETH holders, Vitalik Buterin, recently expressed his frustration with the current state of cryptocurrency regulation and proposed a surefire solution to the problem. Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described how current regulatory efforts have essentially trapped well-intentioned cryptocurrency developers in a difficult position. He stated that cryptocurrency projects that merely demand money from users are allowed to operate freely, while projects that transparently explain how their yields are generated are classified as securities.
âąAI needs a killer app to prove itâs not a bubble â Goldman Sachs, MIT
Analysts from Goldman Sachs and MIT recently conducted an in-depth analysis of the generative artificial intelligence (AI) market to assess its short- and long-term viability for investors. They explored whether the current AI market is an expanding bubble poised to burst or the foundational "pickaxes and shovels" phase of the next technological and industrial frontier. While the answer is complex, their research suggests that AI requires another breakthrough innovation or a game-changing killer app to reach its full potential.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #BTC #AiNarratives #CPIAlert
Daily CRYPTO NEWS recapđđ„- 22.06.2024
âąZRO token falls -25% during last 48h amid controversy over LayerZeroâs âairdropâ
LayerZero, a cross-chain interoperability protocol, recently launched its token $ZRO , which has fallen nearly 25% since its debut. The decline follows controversy over its "proof of donation" criteria for claiming tokens, which some compared to a "tax." Despite users needing to meet several other airdrop requirements, LayerZero added an extra confirmation step, altering the nature of the airdrop to resemble an ICO (Initial Coin Offering).
âąRapper 50 Cent claimed that his X account was hacked to promote rug-pull memecoin
Well-known rapper 50 Cent recently shared on his Instagram that his X platform and website were hacked and used to promote a pump-and-dump memecoin scam. The token, named GUNIT after 50 Cent's record label, quickly attracted many investors and surged in value before crashing. Prices eventually plummeted to $0.00016. Cointelegraph, which reviewed GUNIT token trading data on Dex Screener, confirmed that multiple wallet addresses sold the memecoin for over $100,000. This incident exemplifies the prevalence of memecoin scams, highlighting the importance of thoroughly researching and being cautious with unverified or potentially fraudulent tokens. Be careful!
âąHonk Kong looking forward into Web3 - seeking feedback and invites global opinions
Hong Kong Legislative Council member Johnny NG Kit-Chong announced that the government is currently seeking opinions from the global industry to propose policy recommendations and facilitate thematic discussions on the future directions of Web3 and the virtual assets industry. This initiative marks a significant step forward toward the broader adoption and integration of blockchain technology.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #zro #LayerZero #mememcoinseason2024
âąZRO token falls -25% during last 48h amid controversy over LayerZeroâs âairdropâ
LayerZero, a cross-chain interoperability protocol, recently launched its token $ZRO , which has fallen nearly 25% since its debut. The decline follows controversy over its "proof of donation" criteria for claiming tokens, which some compared to a "tax." Despite users needing to meet several other airdrop requirements, LayerZero added an extra confirmation step, altering the nature of the airdrop to resemble an ICO (Initial Coin Offering).
âąRapper 50 Cent claimed that his X account was hacked to promote rug-pull memecoin
Well-known rapper 50 Cent recently shared on his Instagram that his X platform and website were hacked and used to promote a pump-and-dump memecoin scam. The token, named GUNIT after 50 Cent's record label, quickly attracted many investors and surged in value before crashing. Prices eventually plummeted to $0.00016. Cointelegraph, which reviewed GUNIT token trading data on Dex Screener, confirmed that multiple wallet addresses sold the memecoin for over $100,000. This incident exemplifies the prevalence of memecoin scams, highlighting the importance of thoroughly researching and being cautious with unverified or potentially fraudulent tokens. Be careful!
âąHonk Kong looking forward into Web3 - seeking feedback and invites global opinions
Hong Kong Legislative Council member Johnny NG Kit-Chong announced that the government is currently seeking opinions from the global industry to propose policy recommendations and facilitate thematic discussions on the future directions of Web3 and the virtual assets industry. This initiative marks a significant step forward toward the broader adoption and integration of blockchain technology.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #zro #LayerZero #mememcoinseason2024
Daily CRYPTO NEWS recapđđ„- 21.06.2024
âąSpot Bitcoin ETFs face first outflows amid declining hype
The new Bitcoin ETF in Australia closed its first day with approximately $1.3 million in trading volume. Despite the smaller size of the Australian market compared to the American market, this result is quite underwhelming. In contrast, the first crypto spot ETFs in Hong Kong, launched in April, generated $12 million in trading volume on their first day. Even then, this was considered small compared to the billions of dollars in inflows seen in the U.S.. This indicates that ETF trends are not as strong as they once were, with more investors preferring to hold their $BTC in personal wallets or on exchanges rather than with centralized entities.
âąBinance launches loyalty rewards program for BNB holders
Binance, one of the most popular crypto exchanges, is set to reward its most loyal holders. âUsers who hold $BNB for a long time will receive benefits, and Hodlerâs projects will be distributed to BNB holdersâ wrote the exchangeâs co-founder, Yi He, on June 19. The program will encompass small to medium-sized projects with strong fundamentals, a substantial circulating supply, and vibrant, organic communities. To participate, simply subscribe to BNB Simple Earn products and complete KYC verification.
âąPolkadotâs new proposal to reduce unstacking time to just 2 days
The RFC-0092 proposal for Polkadot $DOT aims to reduce the unstaking period from 28 days to just 2 days. This change is designed to enhance user convenience and competitiveness without compromising security. The primary motivation for this adjustment is that Polkadot currently has one of the longest unstaking periods among all proof-of-stake tokens. Despite offering high APY, many users prefer to stake other cryptocurrencies because, in case of an emergency, it is easier to regain control over their staked coins.
Stay tuned for more updates from MarMag! New posts coming soon :))
#BNBHODLer #NewsAboutCrypto #polkadotupdate #ETFvsBTC
âąSpot Bitcoin ETFs face first outflows amid declining hype
The new Bitcoin ETF in Australia closed its first day with approximately $1.3 million in trading volume. Despite the smaller size of the Australian market compared to the American market, this result is quite underwhelming. In contrast, the first crypto spot ETFs in Hong Kong, launched in April, generated $12 million in trading volume on their first day. Even then, this was considered small compared to the billions of dollars in inflows seen in the U.S.. This indicates that ETF trends are not as strong as they once were, with more investors preferring to hold their $BTC in personal wallets or on exchanges rather than with centralized entities.
âąBinance launches loyalty rewards program for BNB holders
Binance, one of the most popular crypto exchanges, is set to reward its most loyal holders. âUsers who hold $BNB for a long time will receive benefits, and Hodlerâs projects will be distributed to BNB holdersâ wrote the exchangeâs co-founder, Yi He, on June 19. The program will encompass small to medium-sized projects with strong fundamentals, a substantial circulating supply, and vibrant, organic communities. To participate, simply subscribe to BNB Simple Earn products and complete KYC verification.
âąPolkadotâs new proposal to reduce unstacking time to just 2 days
The RFC-0092 proposal for Polkadot $DOT aims to reduce the unstaking period from 28 days to just 2 days. This change is designed to enhance user convenience and competitiveness without compromising security. The primary motivation for this adjustment is that Polkadot currently has one of the longest unstaking periods among all proof-of-stake tokens. Despite offering high APY, many users prefer to stake other cryptocurrencies because, in case of an emergency, it is easier to regain control over their staked coins.
Stay tuned for more updates from MarMag! New posts coming soon :))
#BNBHODLer #NewsAboutCrypto #polkadotupdate #ETFvsBTC
New exclusive Crypto Airdrop on Binance Web3 Wallet - REVOX
Grate opportunity to earn some tokens for just completing simple tasks. You can earn points by daily check in bonus, following social media and so on! (steps to join are shown on attached photo)
All smart contracts are based on opBNB network (~$0.001 per transaction) VERY CHEEP!
Stay tuned for more updates from MarMag! New posts coming soon :)) Remember that You can support me by using my invite code below.
#AirdropBinance #AirdropGuide #NewsAboutCrypto #revoxairdrop
Grate opportunity to earn some tokens for just completing simple tasks. You can earn points by daily check in bonus, following social media and so on! (steps to join are shown on attached photo)
All smart contracts are based on opBNB network (~$0.001 per transaction) VERY CHEEP!
Stay tuned for more updates from MarMag! New posts coming soon :)) Remember that You can support me by using my invite code below.
#AirdropBinance #AirdropGuide #NewsAboutCrypto #revoxairdrop
Daily CRYPTO NEWS recapđđ„- 20.06.2024
âąImpact of BTC Halving: Block Size Hits Yearly Low
Lately, the Bitcoin network has experienced a notable decline in its average block size and transaction rates. This could be one of the reasons for the price drop to $64,000. The decrease in block size, which measures the amount of transaction data included in each block, reflects the level of interest in BTC and its network. In June, the network's transaction per second (TPS) rate also declined, indicating reduced activity and potentially lower miner profitability due to decreased post-halving BTC block rewards. Now, whole community wait for some $BTC ups!
âąWill $XRP finally move up as open interest increases?
Investors are increasingly betting on an XRP price breakout. Could Ripple be poised for more upside momentum? Many analysts are speculating about an upcoming uptrend based on periodicity data. XRP has been in a downtrend since the beginning of the year, and many traders compare its losses to an accumulation phase. According to a key technical chart formation, XRP could be on track for a price breakout by the end of June. However, this outcome is not certain. Only time will tell...
âąBNB Chain with new hard fork - opBNB rollup
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing. With BEP-336, layer-2 costs will be slashed by 90%, reducing the average opBNB transaction fee to approximately $0.0001. This update ensures all transactions are verified within the attached blob - a temporary memory segment that captures large data chunks. This significant reduction in transaction costs could make opBNB rollup commonly used in the Web 3 world, potentially leading to an uptrend in $BNB 's price.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #opbnb #XRPPredictions #BNBHODLer
âąImpact of BTC Halving: Block Size Hits Yearly Low
Lately, the Bitcoin network has experienced a notable decline in its average block size and transaction rates. This could be one of the reasons for the price drop to $64,000. The decrease in block size, which measures the amount of transaction data included in each block, reflects the level of interest in BTC and its network. In June, the network's transaction per second (TPS) rate also declined, indicating reduced activity and potentially lower miner profitability due to decreased post-halving BTC block rewards. Now, whole community wait for some $BTC ups!
âąWill $XRP finally move up as open interest increases?
Investors are increasingly betting on an XRP price breakout. Could Ripple be poised for more upside momentum? Many analysts are speculating about an upcoming uptrend based on periodicity data. XRP has been in a downtrend since the beginning of the year, and many traders compare its losses to an accumulation phase. According to a key technical chart formation, XRP could be on track for a price breakout by the end of June. However, this outcome is not certain. Only time will tell...
âąBNB Chain with new hard fork - opBNB rollup
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing. With BEP-336, layer-2 costs will be slashed by 90%, reducing the average opBNB transaction fee to approximately $0.0001. This update ensures all transactions are verified within the attached blob - a temporary memory segment that captures large data chunks. This significant reduction in transaction costs could make opBNB rollup commonly used in the Web 3 world, potentially leading to an uptrend in $BNB 's price.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #opbnb #XRPPredictions #BNBHODLer
Daily CRYPTO NEWS recapđđ„- 19.06.2024
âąBinance LISTA Megadrop is about to end, what should You know?
LISTA, an open-source liquidity protocol designed for earning yields on collateralized crypto assets and borrowing the decentralized stablecoin lisUSD, has recently partnered with Binance. This collaboration includes the #Megadrop event, which offers participants an easy opportunity to earn free tokens and familiarize themselves with another Web 3.0 application. The event aims to encourage users to engage with the LISTA protocol, explore its features, and benefit from the incentives provided through this partnership. Not much time is left. If you haven't finished yet, click the link below to take advantage of this opportunity - LINK
âąMirror World, Solana gaming studio secures $12M in funding
Mirror World, the first gaming rollup on Solana that enables developers to create SVMs for GameFi projects, has raised $12 million in funding. The funds will be used to accelerate the development of the Sonic protocol, incorporating features such as sandbox environments, customizable gaming primitives, and extensible data types. These improvements could potentially impact $SOL price in the near future.
âąSEC drops investigation into Ethereum
The United States Securities and Exchange Commission's enforcement division has announced that it is closing its investigation into whether $ETH is considered a security. âThe Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0â announced Ethereum developer Consensys in a June 19 X post. âThis means that the SEC will not bring charges alleging that sales of ETH are securities transactions,â the firm celebrated, calling it a âmajor win for Ethereum developers, technology providers, and industry participants.â
Stay tuned for more updates from MarMag! New posts coming soon :))
#Ethereum2024 #GameFi #web3
âąBinance LISTA Megadrop is about to end, what should You know?
LISTA, an open-source liquidity protocol designed for earning yields on collateralized crypto assets and borrowing the decentralized stablecoin lisUSD, has recently partnered with Binance. This collaboration includes the #Megadrop event, which offers participants an easy opportunity to earn free tokens and familiarize themselves with another Web 3.0 application. The event aims to encourage users to engage with the LISTA protocol, explore its features, and benefit from the incentives provided through this partnership. Not much time is left. If you haven't finished yet, click the link below to take advantage of this opportunity - LINK
âąMirror World, Solana gaming studio secures $12M in funding
Mirror World, the first gaming rollup on Solana that enables developers to create SVMs for GameFi projects, has raised $12 million in funding. The funds will be used to accelerate the development of the Sonic protocol, incorporating features such as sandbox environments, customizable gaming primitives, and extensible data types. These improvements could potentially impact $SOL price in the near future.
âąSEC drops investigation into Ethereum
The United States Securities and Exchange Commission's enforcement division has announced that it is closing its investigation into whether $ETH is considered a security. âThe Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0â announced Ethereum developer Consensys in a June 19 X post. âThis means that the SEC will not bring charges alleging that sales of ETH are securities transactions,â the firm celebrated, calling it a âmajor win for Ethereum developers, technology providers, and industry participants.â
Stay tuned for more updates from MarMag! New posts coming soon :))
#Ethereum2024 #GameFi #web3
Daily CRYPTO NEWS recapđđ„- 18.06.2024
âąBitcoin in correction phase, will it drop below $64000?
The first cryptocurrency, Bitcoin, is currently experiencing a visible pullback of -6.7%. This type of market behavior is common and often precedes a significant upward movement, commonly referred to as a "pump." There are various assumptions and predictions regarding its price movement. However, the most likely scenario is a drop to the $62,000 to $64,000 level. Then, after short accumulation phase, $BTC should go to the MOON! (DYOR).
âąTether launches new gold backed, US Dolar pegged stablecoin - Alloy
According to the company, Alloy will be overcollateralized by Tether Gold (XAUt) â a token that provides ownership of physical gold â but pegged to the U.S. dollar. By definition, the new token is a synthetic dollar, which is designed to mimic the value and functionality of the U.S. dollar without being directly backed by it. The synthetic dollar can be minted by depositing XUSDT through a smart contract and price oracles.
âąMemecoins are going down, why?
Memecoins, such as $PEPE , $DOGE , are currently experiencing significant declines in today's market. The primary reason for this altcoin downtrend is generally attributed to Bitcoin's pullback. Memecoins are particularly affected by this trend because they are typically considered to be less useful and more reliant on market hype for their value. As Bitcoin's price drops, it tends to drag down the prices of these more speculative and volatile assets. Another reason for the decline in memecoins sector is the decreasing trading volume. Fewer traders are showing interest in these risky assets, contributing to their downturn.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #altcoins #meme_coin #Bitcoinâ
âąBitcoin in correction phase, will it drop below $64000?
The first cryptocurrency, Bitcoin, is currently experiencing a visible pullback of -6.7%. This type of market behavior is common and often precedes a significant upward movement, commonly referred to as a "pump." There are various assumptions and predictions regarding its price movement. However, the most likely scenario is a drop to the $62,000 to $64,000 level. Then, after short accumulation phase, $BTC should go to the MOON! (DYOR).
âąTether launches new gold backed, US Dolar pegged stablecoin - Alloy
According to the company, Alloy will be overcollateralized by Tether Gold (XAUt) â a token that provides ownership of physical gold â but pegged to the U.S. dollar. By definition, the new token is a synthetic dollar, which is designed to mimic the value and functionality of the U.S. dollar without being directly backed by it. The synthetic dollar can be minted by depositing XUSDT through a smart contract and price oracles.
âąMemecoins are going down, why?
Memecoins, such as $PEPE , $DOGE , are currently experiencing significant declines in today's market. The primary reason for this altcoin downtrend is generally attributed to Bitcoin's pullback. Memecoins are particularly affected by this trend because they are typically considered to be less useful and more reliant on market hype for their value. As Bitcoin's price drops, it tends to drag down the prices of these more speculative and volatile assets. Another reason for the decline in memecoins sector is the decreasing trading volume. Fewer traders are showing interest in these risky assets, contributing to their downturn.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #altcoins #meme_coin #Bitcoinâ
Daily CRYPTO NEWS recapđđ„- 17.06.2024
âąUpcoming Ethereum upgrade - PECTRA, what are the risks?
The Ethereum Prague-Electra (Pectra) upgrade is expected to enable normal crypto wallets to function like smart contracts, increase the amount of minimal $ETH required to be a validator from 32 to 2048 tokens, and improve the security of Ethereum Virtual Machines (EVMs). While these changes are generally beneficial, they come with certain risks. The new staking requirements may expose staked assets to downtime or slashing risks and could potentially decrease decentralization.
âąStablecoins expected to help the USA compete with China
US dollar-backed stablecoins (like $USDC ) are considered one of the solutions to the impending but avoidable debt crisis. âThere would be an immediate, durable increase in demand for U.S. debt, which would reduce the risk of a failed debt auction and an attendant crisis,â said Ryan, who now serves as a policy council member at cryptocurrency-focused venture capital firm Paradigm. This demand could significantly strengthen the US dollar and restore its dominance in the international market.
âąWhy watching $BTC whales is useless?
Tracking the wallets of whales (holders with significant amounts of cryptocurrency) is a popular trading tactic to analyze market sentiment and trends. While whales can influence the market, their movements can be interpreted in various ways, so the data never provides a definitive indication. For example, if a massive holder becomes active, some traders might see this as a reason for a pullback, assuming the whale intends to sell their holdings. However, it could also mean that the whale wants to buy even more tokens, and this assumption is equally uncertain. That means opening "short" or "long" trades is like a gambling...
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #pectra #WhalesBuying #StablecoinDebate
âąUpcoming Ethereum upgrade - PECTRA, what are the risks?
The Ethereum Prague-Electra (Pectra) upgrade is expected to enable normal crypto wallets to function like smart contracts, increase the amount of minimal $ETH required to be a validator from 32 to 2048 tokens, and improve the security of Ethereum Virtual Machines (EVMs). While these changes are generally beneficial, they come with certain risks. The new staking requirements may expose staked assets to downtime or slashing risks and could potentially decrease decentralization.
âąStablecoins expected to help the USA compete with China
US dollar-backed stablecoins (like $USDC ) are considered one of the solutions to the impending but avoidable debt crisis. âThere would be an immediate, durable increase in demand for U.S. debt, which would reduce the risk of a failed debt auction and an attendant crisis,â said Ryan, who now serves as a policy council member at cryptocurrency-focused venture capital firm Paradigm. This demand could significantly strengthen the US dollar and restore its dominance in the international market.
âąWhy watching $BTC whales is useless?
Tracking the wallets of whales (holders with significant amounts of cryptocurrency) is a popular trading tactic to analyze market sentiment and trends. While whales can influence the market, their movements can be interpreted in various ways, so the data never provides a definitive indication. For example, if a massive holder becomes active, some traders might see this as a reason for a pullback, assuming the whale intends to sell their holdings. However, it could also mean that the whale wants to buy even more tokens, and this assumption is equally uncertain. That means opening "short" or "long" trades is like a gambling...
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #pectra #WhalesBuying #StablecoinDebate
Daily CRYPTO NEWS recapđđ„- 15.06.2024
âą$ETH spot ETFs are likely to begin trading by July 2
According to Bloomberg ETF analyst Eric Balchunas, Ether spot ETFs could begin trading in the USA by July 2. While some traders see this as an opportunity for a significant uptrend, Stephen Richardson, managing director of financial markets at Fireblocks, argued that spot Ether ETFs wonât see the same day-one inflow as spot Bitcoin ETFs did. The reason for that are use cases which are far more difficult o value.
âąAustralia with its first $BTC ETF
The Australian Securities Exchange has approved the VanEck Bitcoin ETF, which is scheduled to start trading on June 20. Although these ETFs are being accepted by the largest stock exchange in Australia, they are not expected to have a major influence on market prices. However, it is beneficial to have another BTC market that can generate additional demand for this asset.
âąFormer Binance CEO "CZ" with 64% of $BNB circulating supply
Forbes estimates Zhao's current net worth at $61 billion, placing him as the 24th richest person in the world. The former CEO owns 94 million BNB tokens, a Forbes report revealed. According to a forensic analysis conducted by Gray Wolf Analytics and the financial outlet, 80 million BNB tokens were allocated to the Binance founding team, and the company still controls 46 million of those tokens. This means CZ and Binance currently hold an estimated 147 million BNB, which is around 71% of the circulating supply.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #ETFEthereum #ETFvsBTC #BNBToken
âą$ETH spot ETFs are likely to begin trading by July 2
According to Bloomberg ETF analyst Eric Balchunas, Ether spot ETFs could begin trading in the USA by July 2. While some traders see this as an opportunity for a significant uptrend, Stephen Richardson, managing director of financial markets at Fireblocks, argued that spot Ether ETFs wonât see the same day-one inflow as spot Bitcoin ETFs did. The reason for that are use cases which are far more difficult o value.
âąAustralia with its first $BTC ETF
The Australian Securities Exchange has approved the VanEck Bitcoin ETF, which is scheduled to start trading on June 20. Although these ETFs are being accepted by the largest stock exchange in Australia, they are not expected to have a major influence on market prices. However, it is beneficial to have another BTC market that can generate additional demand for this asset.
âąFormer Binance CEO "CZ" with 64% of $BNB circulating supply
Forbes estimates Zhao's current net worth at $61 billion, placing him as the 24th richest person in the world. The former CEO owns 94 million BNB tokens, a Forbes report revealed. According to a forensic analysis conducted by Gray Wolf Analytics and the financial outlet, 80 million BNB tokens were allocated to the Binance founding team, and the company still controls 46 million of those tokens. This means CZ and Binance currently hold an estimated 147 million BNB, which is around 71% of the circulating supply.
Stay tuned for more updates from MarMag! New posts coming soon :))
#NewsAboutCrypto #ETFEthereum #ETFvsBTC #BNBToken
Daily CRYPTO NEWS recapđđ„- 14.06.2024
âąHolograph dumps -80% after exploiter mints 1B additional HLG tokens
Holograph, a blockchain tokenization platform, fell victim to a hacker who minted 1 billion HLG tokens, currently worth approximately $6.7 million. Holograph's X account confirmed the attack on June 14 and assured that the exploit had been patched. To prevent further malicious activity, Holograph's team and cryptocurrency exchanges are working diligently to block the hacker's account.
âąGreenpeace alleges that the companies involved in mining Bitcoin contribute to environmental harm
Major financial institutions on Wall Street should be held responsible for financing the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. Fortunately, the allegations target Wall Street titans and not independent miners. Greenpeace criticized banks for their hypocrisy, noting that while they have green, sustainability goals on their agenda, they also invest in or finance the crypto mining industry. Which is claimed to be "profit on environmental harm"
âąCurrent $BTC distribution, ETFs are pushing significantly
Recent research shows Bitcoin's distribution:
âą Private owners - 57%
âą Lost - 17.6%
âą Remaining to be mined - 6.6%
âą Satoshi - 5.2%
âą ETFS - 3.9%
âą Corporations - 3.6%
âą Miners - 3.4%
âą US government - 2.7%
Stay tuned for more updates from MarMag! New posts coming soon :))
#ETFvsBTC #holograph #BTC #Bitcoinâ #NewsAboutCrypto
âąHolograph dumps -80% after exploiter mints 1B additional HLG tokens
Holograph, a blockchain tokenization platform, fell victim to a hacker who minted 1 billion HLG tokens, currently worth approximately $6.7 million. Holograph's X account confirmed the attack on June 14 and assured that the exploit had been patched. To prevent further malicious activity, Holograph's team and cryptocurrency exchanges are working diligently to block the hacker's account.
âąGreenpeace alleges that the companies involved in mining Bitcoin contribute to environmental harm
Major financial institutions on Wall Street should be held responsible for financing the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. Fortunately, the allegations target Wall Street titans and not independent miners. Greenpeace criticized banks for their hypocrisy, noting that while they have green, sustainability goals on their agenda, they also invest in or finance the crypto mining industry. Which is claimed to be "profit on environmental harm"
âąCurrent $BTC distribution, ETFs are pushing significantly
Recent research shows Bitcoin's distribution:
âą Private owners - 57%
âą Lost - 17.6%
âą Remaining to be mined - 6.6%
âą Satoshi - 5.2%
âą ETFS - 3.9%
âą Corporations - 3.6%
âą Miners - 3.4%
âą US government - 2.7%
Stay tuned for more updates from MarMag! New posts coming soon :))
#ETFvsBTC #holograph #BTC #Bitcoinâ #NewsAboutCrypto
#Bitcoin whales takes advantage of current $BTC off-trend and buys more than $1.4B of it, in last 24h đ„
BTC's whales took full advantage from latest pull backs on June 11-13 and accumulated around 206000 BTC. That shows hope for uptrend in near future!
Stay tuned for more updates from MarMag! New posts coming soon :))
BTC's whales took full advantage from latest pull backs on June 11-13 and accumulated around 206000 BTC. That shows hope for uptrend in near future!
Stay tuned for more updates from MarMag! New posts coming soon :))
It is official! #MoonPay team up with #PayPal to enable fiat on-ramp for UK and EU.
PayPal, the third-most commonly used payment platform in USA and one of the most used in EU has recently been noticed by MoonPay.
MoonPay has announced integration of another fiat on-ramp for customers in the European Union and the United Kingdom. PayPal's customers soon will be able to purchase crypto via MoonPay platform. Get ready for easy way to buy $BTC , $ETH , $BNB and other most popular tokens!
Stay tuned for more updates from MarMag! New posts coming soon :))
#MarketSentimentToday
PayPal, the third-most commonly used payment platform in USA and one of the most used in EU has recently been noticed by MoonPay.
MoonPay has announced integration of another fiat on-ramp for customers in the European Union and the United Kingdom. PayPal's customers soon will be able to purchase crypto via MoonPay platform. Get ready for easy way to buy $BTC , $ETH , $BNB and other most popular tokens!
Stay tuned for more updates from MarMag! New posts coming soon :))
#MarketSentimentToday
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