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Max Cryptobuddy
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🚀 Ethereum's decentralized network is raking in the dough, folks! 💰 Q1 2024 saw a whopping $369M profit. If this keeps up, we're looking at a cool $1.5B by year's end. How's it making bank? Simple: - Network fees (aka gas for transactions) - ETH burned per transaction, reducing supply and boosting value for existing holders - New ETH issued to network validators and stakers Despite a recent dip below $3K, ETH is bouncing back, currently around $3.1K. It's down from its 2024 peak, but hey, the market's a rollercoaster, right? 🎢 What's your take on Ethereum's profitability? Let's chat below! #Ethereum #DeFi #Web3

🚀 Ethereum's decentralized network is raking in the dough, folks! 💰 Q1 2024 saw a whopping $369M profit. If this keeps up, we're looking at a cool $1.5B by year's end.

How's it making bank? Simple:

- Network fees (aka gas for transactions)

- ETH burned per transaction, reducing supply and boosting value for existing holders

- New ETH issued to network validators and stakers

Despite a recent dip below $3K, ETH is bouncing back, currently around $3.1K. It's down from its 2024 peak, but hey, the market's a rollercoaster, right? 🎢

What's your take on Ethereum's profitability? Let's chat below! #Ethereum #DeFi #Web3

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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🚀AI meets crypto!🤖 AI-based crypto projects are soaring, echoing the early days of Bitcoin and DeFi. But with so many options, how do you pick the winners?🤔 🔍Here's a quick rundown of top AI-based crypto projects to watch: 1. Fetch.AI (FET) - AI-powered crypto apps and services. 2. Render Network (RNDR) - Decentralizing GPU cloud rendering. 3. The Graph (GRT) - Decentralized, open-source indexing protocol. 4. BitTensor (TAO) - Open-source infrastructure for AI. 5. Akash Network (AKT) - Cloud-computing marketplace. 6. AIOZ Network (AIOZ) - Web3 storage, AI computing, live streaming, and video on demand. 7. SingularityNET (AGIX) - Marketplace for AI products and services. 8. Ocean Protocol (OCEAN) - AI-powered smart contracts for data selling. AI and blockchain are a match made in heaven, enhancing trading automation, security, and on-chain analysis. But like any relationship, it's not all roses. Concerns include centralization, the 'black box' problem of AI algorithms, and new security risks.🔐 What do you think about the fusion of AI and crypto? Let's chat in the comments!👇 #AI #Crypto #DeFi
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📈💰 Market recovery got you worried about a retrace? Chill out, folks! Stablecoin wallets are filling up, hinting at a more stable market ahead. • In 2024, non-empty #USDCoin wallets grew by +13.9%, and #Tether wallets by +15.7% 😎 • Tether leads with a whopping 5.7M non-empty wallets 🚀 • Circle's USDC follows with 2.15M wallets, showing strong demand 💪 • Decentralized stablecoin, DAI, also shines with 503,180 wallets, indicating a DeFi boom 🎉 • BUSD, despite Binance's ceased support, still has 128,210 wallets 🙌 Stablecoin market cap has bounced back to $161.4B this year, thanks to US spot Bitcoin ETFs and major traditional finance entities boosting their holdings. Emerging economies like Thailand, Brazil, and Turkey are also making waves with their stablecoin purchases 🌍 What's your take on this? Are you holding onto your stablecoins? Let's chat below! 👇 #DeFi #Web3 #DAO #Layer2
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🚀 Bitcoin ETFs are on a roll! 🎉 8-day streak of positive inflows, with a whopping $154M on May 22 alone. - BlackRock’s iShares Bitcoin Trust (IBIT) saw a $91.95M inflow. - Fidelity’s FBTC ETF had a $74.57M inflow. - Ark Invest’s ARKB recorded a $3M inflow. Meanwhile, Grayscale Bitcoin Trust (GBTC) experienced a $16.09M outflow. Other ETFs like Bitwise’s BITB, VanEck’s HODL, and Galaxy Digital’s BTCO showed no activity. BTC's price surge is driving this renewed interest. After weeks of setbacks, it's clear Bitcoin is making waves in the traditional financial world. 🌊 K33 Research reveals 937 professional US firms have invested in the spot Bitcoin ETF market as of March 31. Big players include Millennium Management and Susquehanna International Group, with $2B and $1B investments respectively. What do you think? Is Bitcoin ETF the next big thing? Let's chat in the comments! 💬 #Bitcoin #ETF #CryptoNews
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🎉🔔 U.S. House of Representatives passes the FIT21 Act, a major step for #crypto regulation! This bill aims to clarify how digital assets should be classified, registered, and held. 👏 The bill received almost unanimous support from Republicans and 71 votes from Democrats, with a final tally of 279 to 136. 💼 FIT21 includes an interim oversight process for digital asset firms, allowing them to file a 'notice of intent to register' with federal regulators. It also clarifies which digital assets should be regulated by the SEC or the CFTC. 🤔 However, not everyone's on board. Some Democrats and SEC chairman Gary Gensler believe the bill favors wealthy crypto firms and hurts ordinary investors. 🇺🇸 Despite opposition, a significant number of Democrats supported the bill, urging their party to keep pace with rivals on crypto regulation. What are your thoughts on the FIT21 Act? Let's chat below! 👇 #DeFi #Web3
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🚀Uniswap Labs, the team behind the popular DeFi exchange, is ready to fight back against the SEC's Wells Notice, calling the legal basis "weak".💪 • Uniswap's native token UNI is on a roll, up 2% in the last 24 hours and a whopping 37% over the week. • The SEC's assumption that all tokens are securities is flawed, argues Uniswap Labs' Chief Legal Officer, Marvin Ammori. He insists tokens are a value format, not securities by default. • Uniswap is ready to battle any charges, with a legal team that's represented successful cases like Grayscale and Ripple. • A case against Uniswap could drive US crypto investors to foreign trading protocols and stifle innovation, warns the Uniswap team. • The SEC's case could become irrelevant if the Financial Innovation and Technology for the 21st Century Act is passed. What do you think about Uniswap's stance? Will this impact the DeFi market? Let's chat in the comments!👇 #DeFi #Uniswap #SEC
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