For over a decade, the true identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery. While numerous individuals have beeny speculated to be behind the pseudonym, the truth remains elusive. In this article, we'll delve into the possibilities of four intriguing candidates: Jack Ma, Justin Sun, CZ, and Elon Musk.
#JACKMA THE ALIBABA CONNECTION Jack Ma, the co-founder of Alibaba Group, has been speculated to be Satoshi Nakamoto due to his entrepreneurial spirit and technologi
WRAPPED COINS PROTOCOL *ARTICLE I: DEFINITIONS* - Wrapped coins: a type of cryptocurrency that represents a tokenized version of another cryptocurrency or asset. - WBTC: Wrapped Bitcoin, a wrapped version of Bitcoin (BTC) that runs on the Ethereum blockchain.
*ARTICLE II: HISTORY OF WRAPPED COINS* - Wrapped coins #Write2Earn #WBTC emerged in 2019 with the introduction of WBTC. - WBTC was created by a consortium of companies, including BitGo, Compound, and MakerDAO.
*ARTICLE III: RATIO AND MINTING PROCESS* - The ratio of wrapped coins to their underlying asset is typically 1:1. - The minting process involves sending the underlying asset to a custodian, who then mints an equivalent amount of wrapped coins.
*ARTICLE IV: OTHER WRAPPED COINS* - Other wrapped coins include Wrapped Ethereum (WETH), Wrapped Litecoin (WLTC), and Wrapped Bitcoin Cash (WBCH).
*ARTICLE V: WHY WRAPPED COINS ARE GAINING ATTENTION NOW* - Wrapped coins have only recently gained mainstream attention due to their niche audience, complexity, limited availability, regulatory uncertainty, and the growing DeFi ecosystem.
RULE BRAVO - All wrapped coins must adhere to a 1:1 ratio with their underlying asset. - All wrapped coins must be minted through a secure and transparent process. - All wrapped coins must be fully backed by their underlying asset at all times.#
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Paul Grewal Defends Coinbase in $1B Lawsuit Over WBTC Delisting
The post Paul Grewal Defends Coinbase In $1B Lawsuit Over wBTC Delisting appeared first on Coinpedia Fintech News
Recently, Bit Global had filed a lawsuit against Coinbase Global Inc claiming that Coinbase unlawfully delisted its WBTC token so it could promote the rival cbBTC. BiT Global had alleged that Coinbase’s decision to delist wBTC was to promote its own competing product, cbBTC, that caused massive financial losses and deteriorated consumer confidence in wBTC. Coinbase is being sued for over $1 billion by BiT Global Digital
The lawsuit had also alleged that Coinbase’s listings of meme coins and tokens that have “no inherent value” prove that the exchange delisted WBTC in a bid to have a monopoly over the industry. It also restated that delisting WBTC in place of these memecoins proves that the exchange did not follow any defined listing standards.
Paul Grewal Defends
A day after the lawsuit, Coinbase’s CLO, Paul Grewal, defended the exchange’s approach, and emphasized its commitment to high listing standards. He reacted to criticism of the exchange’s token listing and delisting practices after the lawsuit accused the company of anticompetitive behavior regarding Wrapped Bitcoin.
When an asset no longer meets our listing standards, we will drop it. When another asset can meet or exceed market requirements without sacrificing those standards, we will list it. Thank you Bit Global for the chance to show this to a US federal court and on the entire global… https://t.co/OulfJhhrCd
— paulgrewal.eth (@iampaulgrewal) December 13, 2024
“When an asset no longer meets our listing standards, we will drop it. When another asset can meet or exceed market requirements without sacrificing those standards, we will list it,” Grewal stated on X.
Justin Sun Criticises
Grewal’s X post drew backlash from the community, including from Tron founder Justin Sun, who questioned the company’s transparency. He questioned the co-ordination between Grewal’s statement and earlier remarks by Coinbase CEO Brian Armstrong as Brian had stated that the exchange is “asset agnostic” due to its belief that “consumers should have a choice in the crypto economy.”
It seems that Coinbase’s CEO doesn’t agree with your perspective. Who has the final say at Coinbase? pic.twitter.com/sia4TW5SQe
— H.E. Justin Sun (@justinsuntron) December 14, 2024
BiT Global claims Coinbase’s actions were designed to steer market dominance toward cbBTC. The exchange had announced the token delisting on Nov. 19, citing undisclosed failures to meet its standards for listing tokens.
Staking: The Whale's Secret to Doubling Their Money
In Herman Melville's classic novel, Moby-Dick, Captain Ahab's obsession with the white whale ultimately leads to his downfall. Similarly, in the world of cryptocurrency, investors who obsess over short-term gains can also meet their demise.
However, whales (large-scale investors) who focus on long-term strategies like staking can reap significant rewards.
What is Staking?
Staking involves holding a certain amount of cryptocurrency in a wallet or on an exchange, and "staking" it to support the validation of transactions on a blockchain network. In return, stakers are rewarded with a percentage of the transaction fees and sometimes additional tokens.
How Do Whales Use Staking to Double Their Money?
Whales use staking to their advantage by:
1. Holding large amounts of cryptocurrency 2. Choosing high-yield staking options 3. Compounding their rewards
Unlike Captain Ahab, who became so fixated on hunting down Moby-Dick that he lost sight of everything else, whales who stake their cryptocurrency are able to focus on their long-term investment goals.
By doing so, they can avoid the pitfalls of obsessing over short-term gains and instead reap the rewards of their patience and strategic thinking.
In conclusion, staking is a powerful tool that whales use to double their money in the world of cryptocurrency. By understanding how staking works and how whales use it to their advantage, investors can learn valuable lessons about the importance of long-term thinking and strategic investing.#
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$BTC $XRP
Staking: The Whale's Secret to Doubling Their Money #BinanceEarnProgram In the world of cryptocurrency, whales (large-scale investors) have long been known for their savvy investment strategies. One such strategy is staking, a process that allows investors to earn passive income and potentially double their money. #Write2Earn What is Staking?
Staking involves holding a certain amount of cryptocurrency in a wallet or on an exchange, and "staking" it to support the validation of transactions on a blockchain network. In return, stakers are rewarded with a percentage of the transaction fees and sometimes additional tokens. #Binancetaking How Do Whales Use Staking to Double Their Money?
Whales use staking to their advantage by:
1. Holding large amounts of cryptocurrency: Whales have the means to hold substantial amounts of cryptocurrency, which enables them to stake more and earn higher rewards.
2. Choosing high-yield staking options: Whales research and select staking options that offer the highest yields, maximizing their returns.
3. Compounding their rewards: By reinvesting their staking rewards, whales can compound their earnings, potentially doubling their money over time.
How to Stake on Binance
To stake on Binance, follow these steps:
1. Log in to your Binance account: Go to the Binance website and log in to your account.
2. Navigate to the Binance Staking page: Click on the "Finance" tab and select "Binance Staking" from the dropdown menu.
3. Choose your staking option: Select the cryptocurrency you want to stake and choose from the available staking options.
4. Stake your cryptocurrency: Follow the prompts to stake your cryptocurrency.
5. Earn rewards: Receive rewards in the form of transaction fees and additional tokens.
6. Compound your rewards: Reinvest your rewards to maximize your earnings.
Remember to always research and understand the risks involved with staking before getting started.
$BTC $XRP Staking: The Whale's Secret to Doubling Their Money #BinanceEarnProgram In the world of cryptocurrency, whales (large-scale investors) have long been known for their savvy investment strategies. One such strategy is staking, a process that allows investors to earn passive income and potentially double their money. #Write2Earn What is Staking?
Staking involves holding a certain amount of cryptocurrency in a wallet or on an exchange, and "staking" it to support the validation of transactions on a blockchain network. In return, stakers are rewarded with a percentage of the transaction fees and sometimes additional tokens. #Binancetaking How Do Whales Use Staking to Double Their Money?
Whales use staking to their advantage by:
1. Holding large amounts of cryptocurrency: Whales have the means to hold substantial amounts of cryptocurrency, which enables them to stake more and earn higher rewards.
2. Choosing high-yield staking options: Whales research and select staking options that offer the highest yields, maximizing their returns.
3. Compounding their rewards: By reinvesting their staking rewards, whales can compound their earnings, potentially doubling their money over time.
How to Stake on Binance
To stake on Binance, follow these steps:
1. Log in to your Binance account: Go to the Binance website and log in to your account.
2. Navigate to the Binance Staking page: Click on the "Finance" tab and select "Binance Staking" from the dropdown menu.
3. Choose your staking option: Select the cryptocurrency you want to stake and choose from the available staking options.
4. Stake your cryptocurrency: Follow the prompts to stake your cryptocurrency.
5. Earn rewards: Receive rewards in the form of transaction fees and additional tokens.
6. Compound your rewards: Reinvest your rewards to maximize your earnings.
Remember to always research and understand the risks involved with staking before getting started.
Amazing imagine havvy Floppy cold wallet 😂... Good topic.. I guess we would have to Fax the transaction to the blockchain hahahaha ridiculous.... Thank you. This was refreshing
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“What if cryptocurrency was invented in the 90s ?” 👀
💾 Imagine if cryptocurrency was born in the era of modems and floppy disks. Instead of NFTs, we’d be collecting pixelated Tamagotchis, and transactions would be verified by dial-up sounds. We’d store bitcoins on 3.5-inch floppies and panic about the “Melissa” virus wiping out our wallets. 😅
🔮 But today, cryptocurrency isn’t just technology—it’s a new perspective on freedom and opportunity. Smart contracts, meme coins, and exchanges like Binance or Odyssey Exchange(ody.lol) give access to a financial world without intermediaries or borders.
📈 What do you think the future holds for crypto? Share your ideas in the comments below! 👇
“Time can’t rewind, but cryptocurrency is already here. Are you ready to be part of the future?” 💡
Cape Town, South Africa - Saturday, December 14, 2024, 12:00 PM SAST
Captain Ahab, the infamous whale hunter from Herman Melville's classic novel Moby Dick, would be proud. A massive whale alert has been triggered for BitTorrent (BTTC), with a whopping $19.7 million dollars worth of BTTC tokens being transferred. Whale Alert: $19.7M Worth of BTTC Transferred!
Cape Town, South Africa - Saturday, December 14, 2024, 12:00 PM SAST
In a significant development, a whale has transferred 400 billion PEPE tokens to Binance, causing a substantial surge in trading volume. This massive transaction has sparked considerable interest in the market, with many analysts speculating about its potential impact.
*Market Impact*
The transfer of 400 billion PEPE tokens to Binance has already led to a significant increase in trading volume, with a 34.50% surge observed in the past 24 hours. However, despite the initial excitement, PEPE's price has experienced a decline over the past 24 hours.
This downward price movement can be attributed to several factors:
1. *Sell-off*: The massive transfer of PEPE tokens to Binance may have led to a sell-off, as the whale may be looking to liquidate their holdings. 2. *Market saturation*: The influx of 400 billion PEPE tokens into the market may have caused a temporary saturation, leading to a decline in price. 3. *Profit-taking*: The recent price surge may have prompted some investors to take profits, contributing to the downward price movement.
*Future Outlook*
While the short-term market movement may be bearish, the long-term prospects for PEPE and the broader meme coin market remain uncertain. The transfer of 400 billion PEPE tokens to Binance may be a strategic move by the whale to accumulate more tokens or to facilitate a larger trade.
As the market continues to evolve, it's essential for investors to remain vigilant and adapt to changing market conditions. The impact of this whale transaction will likely be felt in the coming days, and investors should be prepared for potential price fluctuations.
*Disclaimer*
This article is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors should always conduct thorough research and consult with financial experts before making investment decisions.#PEPE $PEPE
As traders, staying ahead of the curve is crucial. One way to do this is by using a 3-day forecast to predict market performance. But how does this benefit traders, and what formula should be used?
Benefits for Traders:
Improved decision-making: A 3-day forecast provides traders with valuable insights, enabling them to make more informed decisions. Risk management: By predicting potential price movements, traders can adjust their strategies to minimize risk. Increased profitability: Accurate predictions can lead to better trade executions and increased profitability.
Formula:
While there's no one-size-fits-all formula, traders can use technical indicators like Moving Averages (MA), Relative Strength Index (RSI), and Bollinger Bands to make predictions.
Example:
Performance (P) = (MA (3-day) x 0.5) + (RSI (3-day) x 0.3) + (Bollinger Bands (3-day) x 0.2)
The Power of AI-Human Collaboration:
To further improve forecasting accuracy, we can leverage the strengths of both AI and human intuition. By combining machine learning algorithms with human expertise, traders can unlock new levels of forecasting precision.
Formula for Success:
1. Data Collection: Gather relevant data from various sources. 2. AI Analysis: Use machine learning algorithms to identify patterns and trends. 3. Human Insight: Provide context and expertise to refine the analysis. 4. Collaborative Decision-Making: Combine AI insights with human judgment to make informed decisions.
Example:
P = (AI-generated forecast x 0.6) + (Human expert insight x 0.4)
Note: This is a simplified example and should not be used as actual trading advice.
By combining the strengths of both AI and human intuition, traders can gain a competitive edge in the market. However, it's essential to remember that no forecasting method is foolproof, and traders should always use proper risk management techniques.
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But all those who give predictions that this will explode this will rise this will touch the stars are they worried about us to make money or what or what? if these were intelligent the bitcoins were in their hands and not others. giving speculations and not knowing anything is from scammers because they have invested in something. Nobody knows how. will the market move nobody and giving false news especially negatively affects those who are new to this world and do bullshit with the meme coins that are not worth a damn? but do not invest your savings on these. make a small purchase if you want but it is more likely that the Aliens come to earth than become rich on the memme coins. Indeed they will make you lose a lot of money. if the Altcoins have a minimum project and are still very volatile imagine the meme coins. Do not do bullshit inform yourselves.
Interesting in my opinion trying to Forcast how the Market will perform is tricky. However it's on ly supposed to give an idea. With this been said. I do post 3 and 7 day projectio
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kari ne pidh
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But all those who give predictions that this will explode this will rise this will touch the stars are they worried about us to make money or what or what? if these were intelligent the bitcoins were in their hands and not others. giving speculations and not knowing anything is from scammers because they have invested in something. Nobody knows how. will the market move nobody and giving false news especially negatively affects those who are new to this world and do bullshit with the meme coins that are not worth a damn? but do not invest your savings on these. make a small purchase if you want but it is more likely that the Aliens come to earth than become rich on the memme coins. Indeed they will make you lose a lot of money. if the Altcoins have a minimum project and are still very volatile imagine the meme coins. Do not do bullshit inform yourselves.
Airdrops can be an exciting way to get involved in new crypto projects, but are you putting yourself at risk?
Here are some common mistakes users make when participating in airdrops:
Using weak or reused passwords Sharing personal info or seed phrases Clicking on suspicious links or downloading unverified software Not researching the project or its team
Dangers of Airdrops:
Phishing scams: Fake airdrops designed to steal your personal info and funds. Malware and viruses: Downloading unverified software can harm your device and compromise your data. Ponzi schemes: Some airdrops may be fronts for Ponzi schemes, where early participants are paid with funds from later participants. Smart contract vulnerabilities: Airdrop smart contracts can be vulnerable to hacking and exploitation.
To stay safe:
Use strong, unique passwords and 2FA Research the project and its team thoroughly Never share personal info or seed phrases Be cautious of phishing scams and fake websites Verify the airdrop's legitimacy and smart contract security
Stay vigilant and protect yourself from airdrop security risks!##Write2Earn!
The web3 ecosystem is evolving rapidly, with innovations in wallets and cross-chain technologies leading the charge. But what does this mean for users, and what are the potential risks?
Benefits of Web3 Wallets:
Seamless interactions with dApps Enhanced security features Support for multiple blockchain networks
Cross-Chain Developments:
Enabling interoperability between blockchain networks Facilitating the transfer of assets and data Unlocking new use cases for web3 technologies
Security Measures:
MetaMask: Uses advanced encryption and secure login protocols to protect user accounts. Trust Wallet: Employs robust security measures, including 2-factor authentication and biometric login. Rainbow Wallet: Features a unique "watch-only" mode for added security and peace of mind.
Revisiting Our Past Predictions: How Accurate Were We?
_Introduction_ In this series, we'll be revisiting our past price projections for popular cryptocurrencies. We'll analyze the accuracy of our predictions and provide valuable insights into the market.
_November 1st, 2024 Predictions_ Here are our 3-day price projections for the top 5 meme coins from November 1st, 2024:
$BTC #Human vs. AI Crypto Showdown: Who Will Reign Supreme?
In the world of cryptocurrency trading, humans and AI algorithms are constantly competing to make the most accurate predictions. But which one comes out on top?
To settle this debate, we're pitting a human trader against an AI algorithm in a three-day cryptocurrency price prediction competition.
The Contestants
Our human trader, "Daized," has years of experience in the cryptocurrency market and uses technical analysis to make his predictions.
Our AI algorithm, "CryptoGenius," uses machine learning and natural language processing to analyze vast amounts of market data and make predictions.
The Projections
Here are the updated projections for the top three cryptocurrencies by market capitalization:
Now it's up to you to decide who will win this competition. Will it be Daized, with his years of experience and technical analysis skills? Or will it be CryptoGenius, with its advanced machine learning algorithms and vast amounts of market data? #Write2Earn Check back with us tomorrow for another update!
@Daized Trendsetter. All content is original. Inspired? Give credit.#
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Human vs. AI Crypto Showdown: Who Will Reign Supreme?
In the world of cryptocurrency trading, humans and AI algorithms are constantly competing to make the most accurate predictions. But which one comes out on top?
To settle this debate, we're pitting a human trader against an AI algorithm in a three-day cryptocurrency price prediction competition. #Write2Earn! The Contestants Our human trader, "Diazed," has years of experience in the cryptocurrency market and uses technical analysis to make his predictions.
Our AI algorithm, "CryptoGenius," uses machine learning and natural language processing to analyze vast amounts of market data and make predictions.
The Projections Here are the projections for the top three cryptocurrencies by market capitalization over the next three days:
The Challenge Now it's up to you to decide who will win this competition. Will it be Dazed, with his years of experience and technical analysis skills? Or will it be CryptoGenius, with its advanced machine learning algorithms and vast amounts of market data?
Check back with us in three days to see who comes out on top!
#HumanVsAI #CryptoTrading #PredictionCompetition
@Daized Trendsetter. All content is original. Inspired? Give credit.
Human vs. AI Crypto Showdown: Who Will Reign Supreme?
In the world of cryptocurrency trading, humans and AI algorithms are constantly competing to make the most accurate predictions. But which one comes out on top?
To settle this debate, we're pitting a human trader against an AI algorithm in a three-day cryptocurrency price prediction competition. #Write2Earn! The Contestants Our human trader, "Diazed," has years of experience in the cryptocurrency market and uses technical analysis to make his predictions.
Dogecoin (DOGE) Sees 55.1% Return on Investment in 12 Days!
In a remarkable display of market volatility, Dogecoin (DOGE) has experienced a significant surge in value over the past 12 days on finance.
A 55.1% Return on Investment This substantial growth translates to a remarkable 55.1% return on investment (ROI) for DOGE holders over the 12-day period on finance.
Market Capitalization and Price Movement Throughout this period, DOGE's market capitalization fluctuated significantly on finance, reaching a peak of $21,661,067 on December 3, 2024. The price per coin also experienced substantial movement, increasing from $0.27 on December 1, 2024, to $0.41 on December 12, 2024, on finance.
7-Day Projection Using historical data and market trends on finance, we project DOGE's price to reach:
- $0.45 by December 19, 2024 (a 9.8% increase from the current price) - $0.48 by December 20, 2024 (a 17.1% increase from the current price) - $0.51 by December 21, 2024 (a 24.4% increase from the current price)
What's Next for Dogecoin? The recent surge in Dogecoin's value serves as a reminder of the cryptocurrency market's inherent volatility. As with any investment, it's essential to conduct thorough research and consider multiple factors before making any decisions.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice. Cryptocurrency investments carry significant risks, and it's crucial to do your own research and consult with financial experts before making any investment decisions.
Risk Warning: Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors may lose some or all of their investment. Past performance is not indicative of future results.
Regulatory Notice: Cryptocurrencies are subject to various regulations and laws, which can change rapidly. Investors should ensure they comply with all applicable laws and regulations before investing in cryptocurrencies.#Write2Earn #Dogecoin
Cryptocurrency Market Update: Friday, December 13, 2024 (South Africa Time)
The cryptocurrency market has experienced significant fluctuations over the past 48 hours. #Bitcoin (BTC), the largest cryptocurrency by market capitalization, has seen a slight decrease in value, trading at $101,284. Ethereum (ETH), the second-largest cryptocurrency, is currently trading at $3,919.83. #Write2Earn Other notable cryptocurrencies, such as XRP (XRP) and Solana (SOL), have also experienced fluctuations in value. XRP is currently trading at $2.44, while Solana is trading at $222.04.
Despite the fluctuations, many experts predict a bullish trend for the cryptocurrency market in the coming months.
Previous Projection Review
Our previous three-day price projection, published on Friday, December 13, 2024, was remarkably accurate, with some prices almost hitting the bullseye! This suggests that our analysis and forecasting methods are on the right track.
Three-Day Price Projection (December 14-17, 2024)
Based on current market trends and analysis, here is a revised three-day price projection for the top cryptocurrencies:
- _Bitcoin (BTC)_: - Day 1: $104,219 (2.87% gain) - Day 2: $105,013 - Day 3: $105,892 - _Ethereum (ETH)_: - Day 1: $4,021.19 (2.55% gain) - Day 2: $4,062.91 - Day 3: $4,103.79 - _XRP (XRP)_: - Day 1: $2.51 (3.06% gain) - Day 2: $2.54 - Day 3: $2.57 - _Solana (SOL)_: - Day 1: $225.41 (1.51% gain) - Day 2: $227.03 - Day 3: $228.59
Current Time: 22:52 (SAST)
Please note that these projections are based on current market trends and analysis, but are subject to change based on various market and economic factors.
🐳 🐳 Whale 🐋 🐋 ........... Top 5......... Transactions on Binance in 24 Hours
Binance, one of the world's largest cryptocurrency exchanges, has seen significant activity in the last 24 hours. Here are the top 5 largest crypto transactions on Binance:
1. _$2.5 Billion BTC Transaction_: A massive Bitcoin transaction of 24,999 BTC (approximately $2.5 billion) was recorded on the Binance blockchain.
2. _$1.1 Billion ETH Transaction_: A substantial Ethereum transaction of 2,100,000 ETH (approximately $1.1 billion) was processed on the Binance Ethereum network.
3. _$500 Million USDT Transaction_: A large Tether transaction of 500,000,000 USDT (approximately $500 million) was recorded on the Binance blockchain.
4. _$200 Million XRP Transaction_: A significant XRP transaction of 2,000,000,000 XRP (approximately $200 million) was processed on the Binance XRP Ledger.
5. _$100 Million TRX Transaction_: A notable TRON transaction of 10,000,000,000 TRX (approximately $100 million) was recorded on the Binance TRON network.
These large transactions demonstrate the significant liquidity and activity on the Binance platform.
In this daily report, we'll provide an overview of the top 5 cryptocurrencies by trading volume, their current prices, and 3-day price projections. We'll also review the progress and accuracy of our previous price projections
Top 5 Trading Coins on Finance *Current Prices* - _1. Bitcoin (BTC)_: Trading at $95,479.47, with a 18-hour change of -0.74%¹ - _2. Ethereum (ETH)_: Trading at $3,585.01, with a 18-hour change of -1.11% - _3. XRP (XRP)_: Trading at $2.5934, with a 18-hour change of -6.18%