Unleash Your Potential with Bybit x Mavia Airdrop Extravaganza!
Unlock the Power of MAVIA: From February 5th to February 26th, 2024, you have the chance to unleash your potential and win your share of a staggering 1,200,000 MAVIA prize pool. MAVIA is the native token of Mavia, and it holds immense value in the gaming ecosystem. By participating in Perk 1, you have the opportunity to win 40 MAVIA, with 30,000 participants being randomly selected to receive this incredible reward.
How to Participate: To embark on this thrilling adventure, follow a few simple steps: 1. Follow the Bybit and Mavia X accounts to stay updated with the latest developments. 2. Retweet or quote the event post, and showcase your gaming prowess by attaching a screenshot of your player base. 3. Complete Level 1 Identity Verification on Bybit to ensure a secure and seamless experience. 4. Trade MAVIA on Bybit by depositing 100 USDT or a minimum of $100 worth of MAVIA. 5. Answer a few questions in the provided form to complete your entry.
Additional Perks and Incentives: The excitement doesn't end there! Bybit offers additional perks to enhance your experience. Through Perk 2, you can invite new users to join Bybit and earn 5 MAVIA for each successful referral. Moreover, Bybit's affiliates can take advantage of Perk 3, where both the affiliate and the new referee receive 5 USDT as a special reward.
MicroStrategy's Unyielding Bitcoin Accumulation: Turning $6 Billion into $9 Billion
Introduction: MicroStrategy, the prominent business intelligence software giant, has made waves in the cryptocurrency world with its unwavering Bitcoin accumulation strategy. Over the past three and a half years, the company has continuously increased its cryptocurrency holdings, with a remarkable total of 190,000 BTC valued at over $9 billion. Let's delve into their incredible journey and the impressive profits they have gained.
Steely Determination: Despite the ups and downs of the market, MicroStrategy remained resolute in its Bitcoin acquisition plan. The company made its first major Bitcoin purchase in August 2020 and has relentlessly continued to buy more, regardless of market conditions or price fluctuations. This persistence has yielded astounding results.
A Lucrative Investment: Although MicroStrategy faced setbacks during the late 2022 and early 2023 market crash, their Bitcoin stash grew exponentially. With an average entry price of $31,464, the company spent just under $6 billion to amass its colossal Bitcoin portfolio. As the current price of Bitcoin sits above $47,300, MicroStrategy's holdings have surged in value to over $9 billion, an incredible 50% increase.
Stock Soars: MicroStrategy's foray into the world of Bitcoin has not only boosted their cryptocurrency holdings but also propelled their stock (MSTR) to new heights. Starting at around $125 in early August 2020, the stock skyrocketed to breach the $1,000 mark within six months. Despite retracements from its all-time high, MSTR closed the latest trading session at an impressive $646, marking an extraordinary 400% surge since embracing their Bitcoin-centric strategy.
Firm in Faith: MicroStrategy's CEO, Michael Saylor, has unequivocally reiterated the company's conviction in holding on to their Bitcoin reserves. With no intentions to sell, MicroStrategy's unrealized profits remain intact, with the potential for ongoing growth.
Bitcoin Crosses $46,000 Mark as Chinese New Year Celebrations Begin
Bitcoin (BTC) has reached a one-month high, crossing the $46,000 mark early Friday, according to CoinDesk. The CoinDesk 20 Index, which measures the largest cryptocurrencies, also jumped over 2% during this time. This is a significant development as Bitcoin has historically seen gains around the Chinese New Year period.
10X Research predicts that Bitcoin could rise to as much as $48,000 in the coming days, a gain of at least 11%. In the past two weeks, the asset has added nearly 15%, easing losses as the anticipated bitcoin exchange-traded funds (ETFs) turned out to be a sell-the-news event.
Several ETFs have absorbed more than a billion dollars worth of bitcoin selling pressure in the past few weeks, indicating demand. On-chain analysis firm CryptoQuant noted that bitcoin movements out of miner wallets, which signify selling, seemed to slow.
Alex Kuptsikevich, FxPro senior market analyst, said in an email to CoinDesk that Bitcoin rose above its 50-day moving average late Wednesday, confirming the bullish medium-term trend and easing fears of a deeper correction. He added that on a weekly basis, bitcoin and the broader crypto market have gained strength after a long period of consolidation and are now poised to make new highs.
Conclusion
The recent surge in Bitcoin's price is a positive sign for the cryptocurrency market, especially as it coincides with the Chinese New Year celebrations. The gains are also a result of the easing of fears of a deeper correction and the increasing demand for Bitcoin ETFs. As the broader crypto market gains strength, we can expect to see new highs in the coming days. $BTC #Write2Earn #BTCETFSPOT #Bitcoin
#Solana Network Crash: Unpacking the Five-Hour Disruption
Buckle up, crypto enthusiasts! Solana, the titan of throughput, recently faced a major outage lasting five hours, sending shockwaves through the crypto sphere. Let's dive into the details of this unexpected event and its aftermath.
The Crash Unfolds: A Chain Reaction of Overload
The chaos ensued as pending transactions on the SOL network surged, overwhelming its capacity and leading to a staggering peak of 400,000 transactions per second (TPS). This overload triggered a chain reaction, with nodes forking themselves and disrupting normal operations, defying Solana's usual Proof of History consensus mechanism.
Swift Resolution: Validators to the Rescue
Solana's validators and core team sprang into action, swiftly identifying the source of the problem and implementing software fixes. Speculations hinted at potential issues with the Berkley Packet Filter mechanism, prompting the release of a patch and a new version of the validator software.
Recovery Efforts: Snapshot Magic
To restore functionality, validators utilized snapshots of their local ledger states before the outage, syncing them to restart the network successfully. By 15:00 UTC on Tuesday, the network was revived, thanks to the collaborative efforts of the Solana community and validators.
Market Response: Resilience Amidst Volatility
Despite the initial hiccup, Solana's resilience shone through as the network stabilized. SOL experienced a temporary 4% decline but quickly rebounded to $95.5, supported by its 50-day Exponential Moving Average (EMA). The charts indicate SOL consolidating below the $100 mark, fending off bearish pressure.
Looking Ahead: Bullish Sentiment Prevails
As Solana navigates through consolidation, bullish sentiment persists, with further upward momentum anticipated. However, a breach below the $79 low from January could signal potential bearish dominance, urging caution amidst the volatility of crypto markets.
Get ready for an adrenaline rush, crypto enthusiasts! Binance is thrilled to unveil the 46th project on Binance Launchpool – Pixels (PIXEL), a captivating social web3 game built on the Ronin Network. Here's what you need to know:
Farming Period:
- Start: February 9, 2024, 00:00 (UTC) - End: February 18, 2024, 23:59 (UTC)
Staking Details:
- Stake your BNB and FDUSD in separate pools to farm PIXEL tokens over ten days. - Farming kicks off on February 9, 2024, 00:00 (UTC).
Listing and Trading:
- PIXEL will be listed on Binance on February 19, 2024, 10:00 (UTC), with trading pairs including PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD, and PIXEL/TRY. - The Seed Tag will be applied to PIXEL.
Launchpool Token Details:
- Token Name: Pixels (PIXEL)
- Max Token Supply: 5,000,000,000 PIXEL
- Launchpool Token Rewards: 350,000,000 PIXEL (7% of max token supply)
- Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max token supply)
- Smart Contract Details: Ethereum, Ronin
- Staking Terms: KYC required
- Hourly Hard Cap per User: 116,666.66 PIXEL in BNB pool 29,166.66 PIXEL in FDUSD pool
Supported Pools:
- Stake BNB: 280,000,000 PIXEL in rewards (80%)
- Stake FDUSD: 70,000,000 PIXEL in rewards (20%)
Final Thoughts:
Remember, investing involves risks, and thorough research is essential. But if Pixels (PIXEL) has caught your eye, this could be a thrilling opportunity to dive into the action-packed world of web3 gaming. Stay tuned for more updates, and happy trading! 🎮🚀 $PIXEL $BTC $ETH $SOL #Write2Earn #TradeNTell #Pixel #Launchpad #AmanSaiCommUNITY
the Solana Outage: A Deep Dive into Blockchain Resilience
Hey there, Crypto Crusaders! 🛡️ Today, let's unpack the recent turbulence in the Solana universe. The leading blockchain platform, known for its lightning-fast throughput and scalability, hit a snag with a significant outage on its mainnet. Here's the scoop:
The Incident Unfolds
- Solana's mainnet encountered a hiccup, halting block progression. - Despite immediate efforts from engineers and validators, the cause of the outage remains elusive. - Solana swiftly released an official incident report, acknowledging the disruption and launching a cross-ecosystem effort to fix the issue.
Historical Context
- While Solana's resilience has been tested before, past outages have showcased its ability to bounce back. - Notable disruptions in 2022, primarily node-related, and a major outage in September 2021 underscore the challenges of maintaining blockchain stability.
Collaborative Response
- Laine, a prominent Solana validator, mobilized its engineers to investigate the outage, highlighting the collaborative spirit within the Solana community. - Stakeholders across the ecosystem are closely monitoring developments, awaiting further updates from the Solana team.
Implications and Industry Watch
- As blockchain gains traction, uninterrupted operation is vital for fostering trust. - Competitors to Solana are under scrutiny, with industry stakeholders evaluating alternatives with similar offerings and potential.
Conclusion: Towards Resilience
- As Solana's engineers work tirelessly to resolve the issue, the community remains united in upholding the integrity and resilience of the blockchain. - Let's stay vigilant and supportive as Solana navigates this bump in the road. Together, we'll emerge stronger!
Remember, every outage is an opportunity for growth and learning in the ever-evolving world of blockchain. Stay tuned for further updates, and let's continue our journey towards a more robust and reliable crypto ecosystem. #Write2Earn #SOL/USDT #CryptoCommunity $SOL
Cosmos Strides Forward: Over $10 Million Inflow and Record TVL
Buckle up, crypto enthusiasts! The Cosmos ecosystem is making waves with its liquidity staking protocol, Stride, boasting an impressive inflow of over $10 million since the launch of stTIA. Hold on tight as we explore this game-changing development!
Stride's Triumph: Breaking Records
According to Foresight News, Stride has not just hit but surpassed the $100 million Total Value Locked (TVL) milestone, setting a new historical high. This signals a resounding success for Stride, the liquidity staking protocol thriving within the Cosmos ecosystem.
stTIA Launch: Catalyst for Growth
What's the secret sauce behind this surge? Enter stTIA – the recently launched component that has become the catalyst for a significant uptick in funds pouring into Stride. The decentralized finance (DeFi) space is buzzing with excitement as Stride proves its mettle.
Cosmos Ecosystem's Ascent in DeFi
This milestone is more than a numerical achievement; it's a testament to the growing allure of the Cosmos ecosystem. As interest continues to swell, the potential for Cosmos to carve a deeper niche in the expanding DeFi market becomes increasingly evident.
In the dynamic world of cryptocurrencies, the Cosmos ecosystem's Stride is setting the pace. With over $10 million inflow and a record-breaking $100 million TVL, it's not just a stride; it's a leap into the future of decentralized finance. Stay tuned for more cosmic updates! #Cosmos #DeFi #CryptoStrides
Jupiter Price Check: Navigating the Crypto Rollercoaster
Hey crypto warriors! Hold tight as we dive into the latest on Jupiter (JUP). The past 24 hours have been a bit of a wild ride, with the JUP price stabilizing at $0.5831 as of 12:30 am EST. But wait, there's more to this story!
JUP's Battle in a Sideways Channel
The charts tell a tale of struggle as the Jupiter price faces resistance from the Exponential Moving Average (EMA) line on its 1-hour chart. The 9 EMA positioning below the 20 EMA suggests a recent bearish momentum, intensifying the pressure on our airdropped friend.
Crossroads: Potential Correction or Bullish Surge
The looming question is, will JUP reclaim its position above the 9 EMA line within the next 24 hours? Failure to do so might mean a correction, possibly down to the support level at $0.5455. However, hope glimmers on the horizon. Closing a 1-hour candle above the 9 EMA line could flip the script, paving the way for an 11% gain and a potential climb to $0.6985.
Zooming Out: Jupiter's Future Trajectory
As JUP consolidates, eyes are also on Bitcoin Minetrix, charging towards an $11 million presale. The buzz around this project centers on its innovative Bitcoin cloud mining platform, bringing decentralization to the cloud mining game and slashing startup costs. Exciting times ahead for crypto miners! $JUP #TrendingTopic #Write2Earn #TradeNTell
Newly Listed Tokens *Binance has already added some gems to its collection: $AI, $XAI, $MANTA, and $ALT. These tokens are making waves in the GameFi and Infrastructure realms on the BNB Chain. It's like having a front-row seat to the crypto revolution!
1. LayerZero - #Infrastructure What's the buzz about? LayerZero is an omnichain protocol creating a seamless playground for blockchain interactions. With a whopping $293.9M in funding, it has heavyweights like Binance Labs, A16z, Paypal Ventures, The Spartan Group, and OKX Ventures in its corner.
2. Kinza Finance - #DeFi Kinza Finance steps into the ring with a decentralized lending protocol on BNB Chain, emphasizing top-notch security. While the funding details remain a mystery, one thing is clear – Binance Labs is placing its bets on this DeFi contender.
3. ZkPass - Infrastructure Unlocking the gates to web3 privacy, ZkPass introduces TransGate for selective authentication. Backed by $2.5M in funding and supported by Binance Labs, Sequoia China, OKX Ventures, and others, it's set to redefine data privacy in the blockchain space.
4. Polyhedra - Infrastructure Polyhedra takes the stage as a web3 infrastructure platform, putting security and scalability at the forefront. With $25M in funding and backing from heavyweights like Binance Labs, Polychain Capital, and Animoca Brands, it's shaping up to be a solid player.
5. GOMBLE Game - #GameFi Injecting the blockchain with a dose of traditional gaming, GOMBLE Game promises a core gaming experience. While funding details are under wraps, the backing from Binance Labs, Animoca Brands, SPARTAN, and Polygon Ventures speaks volumes.
6. KiloEx - #DeFi KiloEx steps up as a DEX Futures platform on BNB Chain, offering a seamless trading experience. Funding details may be elusive, but Binance Labs is giving it a nod of approval.
Remember, behind every investment insight lies a lot of hard work. Your generous tips empower our mission to deliver the best investment advice. Let's ride this crypto wave together! 🌊💰 #TradeNTell #Write2Earn
JUP's launch on Binance is being labeled as a potential scam.
Looks like there's concern around the $JUP launch on Binance. It traded today, but 30 minutes before being listed on Binance, it was listed on three other exchanges, including Bybit, and its price dropped from $2 to $0.06. Subsequently, trading on Binance started, pushing its price back up to $0.87.
The scenario raises questions about how a new launch could incur such losses. The explanation suggests the possibility of experienced scam artists manipulating the situation through a practice known as a fake airdrop. This involves airdropping the majority of tokens to controlled wallets, then selling them as soon as the launch occurs, while also collecting fees. $JUP #JUP's #ScamAlert #CryptoNews #Jupiter
1. The Hong Kong branch of Harvest Fund Management Company Limited has filed an application with the Securities and Futures Commission (SFC) of Hong Kong, in which it wants to launch a Bitcoin spot exchange-traded fund (ETF). This ETF will be listed after Lunar New Year. This makes Harvest the first institution to apply for a Bitcoin spot ETF in Hong Kong.
2. Hong Kong's Financial Authorities have expressed concern over Floki Inu Staking. The SFC notes that these products offer staking services with promised annualized returns ranging from 30% to 100%, but their public sale is not authorized in Hong Kong.$BTC $ETH
"imgnAI Secures $1.6 Million Seed Funding for AI Image Generation Platform"
Foresight News reports that imgnAI, a crypto-native AI image generation platform, has successfully concluded a $1.6 million seed funding round led by Hack VC. Other contributors include Rana Capital, Selini Capital, West Ham Capital, Motus Capital, and dao5, with the valuation remaining undisclosed. The freshly acquired funds will fuel enhancements to imgnAI's infrastructure, expedite product development, and bolster marketing initiatives. The platform is set to introduce a 'digital companion' product named 'Naifu.'
Launched in late 2022, imgnAI employs crypto tokens for unlocking advanced features and directly minting images as NFTs. The utilization of tokens for these features involves burning, strategically reducing the total supply. #imgnAI #SeedFunding #AIImageGeneration #NFT $AI $XAI
Ola's 2024 Roadmap Unveiled: A Glimpse into ZKVM-Based Solutions
As reported by Foresight News, Ola, a second-layer programmable privacy and scalability solution built on ZKVM, has revealed its 2024 roadmap. Anticipating a public testnet launch soon, followed by the mainnet in mid-2024, Ola plans to implement mining mechanisms like PoW, ZKP, and Verifier. The roadmap also outlines the introduction of a community governance system, a token economy model, and incentive rules for users, developers, and miners.
OlaVM Points (OVP) will play a pivotal role in community governance and formulating incentive rules. Since November last year, the Ola team has received over 200 high-quality DApp deployment applications, spanning blockchain gaming, social networking, and DID, through testnet whitelist activities. In the upcoming months, the team aims to enhance testnet functionality and integrate zero-knowledge proof privacy technology with blockchain technology. #Ola #ZKVM #BlockchainTechnology
AltLayer is a Rollup-as-a-Service (RaaS) platform for decentralized application developers to launch highly scalable application-tailored execution layers (aka Layer 2s). AltLayer can save significant capital and years of development work for application teams while encouraging innovation and rapid experimentation.
As predicted in our speculative airdrop section, AltLayer is airdropping a total of 300,000,000 ALT to various early participants. Altitude campaign participants, OG Badge and Oh Ottie! NFT holders, EigenLayer restakers, EigenLayer ecosystem partners and Celestia stakers are eligible for the airdrop based on a snapshot taken on January 17th, 2024.
Step-by-Step Guide: Visit the AltLayer airdrop claim page. https://airdrop.altlayer.io/
Submit your address and click on “Check”.
If you’re eligible, you will see the amount of tokens you can claim.
You will need some ETH for gas. You can get ETH from Binance.
Now click on “Start claim process”, connect your wallet and claim the tokens.
AltLayer OG Badge NFT holders, Oh Ottie! NFT holders, Altitude campaign participants, EigenLayer restakers, EigenLayer ecosystem partners and Celestia stakers are eligible for an airdrop based on a snapshot taken on January 17th, 2024 at 12:00:11 AM.
Airdrop to TIA stakers would only go live at a later stage so make sure to follow us on all social channels to stay updated. $ALT #ALTCOINUPDATE #altcoins
Bitcoin Transfers & Grayscale Exodus: Crypto Whales and Institutional Moves
- Whale Alert reports that more than $900 million of Bitcoin transfers have taken place from unknown wallets at Coinbase Institutional.
- 19,161 Bitcoins from 13 transactions moved from Coinbase Institutional to unknown wallets, creating suspense in the market.
- Grayscale's Bitcoin Trust (GBTC) saw a record net outflow of $671 million in one day, while they hold $20 billion of Bitcoin assets.
- Bitcoin has aimed to remain stable above $41,000, however, during the surge it briefly crossed $42,000.
- The activities of Bitcoin whales and Grayscale reflect the strategic moves of large investors in the crypto market.
- These developments make it clear how institutional participation is influencing cryptocurrency, which is impacting the future of the digital currency space.
Attention, Apple users! Cybersecurity firm Kaspersky has reported a macOS exploit that targets the latest versions of the operating system. This exploit is designed to trick users of Bitcoin and Exodus wallets into unknowingly downloading a fake version of the software.
Here are some key points: - This crypto-stealing malware targets macOS users. - It is being distributed via pirated applications, focusing on compromising wallet apps. - Replaces wallet apps with infected versions. - macOS versions 13.6 and later are targeted, both on Intel and Apple Silicon.
Kaspersky advises users to be cautious, especially those dealing with crypto wallets.
Here are some preventive measures you can take: - Update your computer's operating system. - Install anti-malware software. - Download applications only from official stores like the Apple App Store.
Remember, even hardware wallets are not 100% secure. Let's discuss in the comments how you ensure the safety of your crypto wallets. $BTC #BTC🔥🔥 #Hardware
According to Foresight News, cryptocurrency mining machine manufacturer Canaan has raised $50 million in funding through preferred shares. The funds will be used to improve research and development and expand production scale. Canaan's stock price fell 6.45% to close at $1.45 on January 25. Its share price has fallen by 32.87% since the start of the month.$BTC #BTC🔥🔥
According to the Bitcoin network records so far, the most recent block, 827,144, was mined on January 23, 2024, at 22:16 UTC, by the AntPool mining pool. Every four years, the Bitcoin mining reward is cut in half. Therefore, there are 40,000 blocks left until the 2024 halving event. With Bitcoin’s average mining rate being 1 block every 10 minutes, this means the halving is likely to occur between March – June 2024. This will see the block reward reduced to 3,125 BTC.
Based on the current mining rate, it is estimated that the last Bitcoin will be mined in the year 2140. Explore Bitcoin halving cycles and their impact. #BitcoinHalving #BTC #CryptoTimeline $BTC $ETH