Well, friends, welcome to a new chapter of the crypto drama.
Well, friends, welcome to a new chapter of the crypto drama titled: 'What if we rewrite what was considered untouchable!' This time, the hero of the show is BlackRock — the main giant on the financial arena, which decided to throw a little 'fuel' into the fire of the Bitcoin community.
They released an educational video where they stated that the issuance of Bitcoin at 21 million coins is, you know, not a dogma, but rather a 'recommendation.' Seriously, why leave something stable in this world? Let's increase the limit so that everyone can get a piece of 'digital gold.'
I didn't listen to anyone and bought usual. Many were talking about Pepe, shib, and xrp, but I trusted myself, and after the listing, I bought and did not regret it.
$USUAL Well, dear crypto enthusiasts, the market is once again showing that it lives by its own absurd laws. While Bitcoin and Ethereum are crawling down as if they ran out of charge, Usual, this modest star of the crypto space, suddenly decided to soar above $1. Who would have thought that a coin with such an "ordinary" name would surpass the "heavyweights"?
It's quite simple if you look at this question broadly. 😶🌫️
The company Ripple initially issued the XRP token for cross-border payments. Through XRP, they attracted capital to the Ripple company, which is essentially what led to the lengthy lawsuit with the SEC. At this moment, one can consider the case closed, as it will not affect the further development of XRP. The main argument for supporting XRP is the fact that the SWIFT system has proven to be an unreliable international system for using cross-border capital in the global market. A striking example is the political decisions regarding the freezing and confiscation of Russian assets by Western countries. For global politics, this is a signal that the SWIFT system is also a political tool. XRP was created as an alternative to the SWIFT system. SWIFT processes transactions averaging over 150 trillion a year. If XRP can attract at least 10% of the total volume of SWIFT, we will already see a three-digit price.
My forecast for the first quarter of 2025: XRP will reach a price between $5 and $9. #XRP #SWIFT #Politics #Trump #warning! #Tothemoon #100$ $XRP
Well, Bitcoin is once again "delighting" its fans! In the last 24 hours, it made a spectacular plunge and fell below $100,000. The culprit? Who else but the head of the US Federal Reserve, Jerome Powell, who clearly decided to become the main crypto antihero of this season. He stated that the Fed does not intend to buy Bitcoins and turn them into a national reserve. That's it, the show is over, disappointed investors began to panic sell.
The trend-following strategy is an approach I use with confidence, as it allows me to extract profits from stable market movements as effectively as possible. First and foremost, I use two key tools: the 50-day and 200-day moving averages. These indicators help me understand where the market currently stands: in a bullish or bearish trend.
Texas is discussing the creation of a strategic reserve of bitcoins.
Texas is discussing the creation of a strategic reserve of bitcoins, which could significantly strengthen the state's economic resilience and ensure the security of bitcoin mining in the U.S. This project is supported by the S#atoshi Action Fund, and discussions began after state legislators showed interest in such a proposal. It is expected that the creation of a reserve could act as a stabilizer for bitcoin mining, which operates on low margins and is vulnerable to manipulations by external forces such as Russia and China.
Tap mania in the crypto world. In 2024, the concept of 'tap-to-earn' gained popularity, where users simply had to tap on their phone screens to earn cryptocurrency. This trend became particularly popular in Africa and post-Soviet countries. The game Hamster Kombat was at its peak, gathering over 300 million users. However, disappointment set in when instead of the expected billions of tokens, players received mere pennies. Many participants, who had diligently 'tapped' all summer, received only $20 in rewards, which led to a wave of disappointment and mockery of the quick earnings concept in cryptocurrency.
Analysis of the #5thScape platform and development prospects
Project description 5thScape is a blockchain platform focused on the integration of virtual reality (VR) and augmented reality (AR) technologies. It provides users access to VR games, educational programs, and exclusive digital assets. The foundation of the ecosystem is the 5SCAPE token, which is used to pay for platform services and interact with content.
Bitcoin shows stable growth, trading within the range of $101,800–$102,600. To justify the forecast, it is necessary to analyze key technical indicators that will help better understand market dynamics: 1. Moving Averages (MA): - Short-term MA (50-day): The price of Bitcoin is above the 50-day average, confirming the current upward trend.
In the event of a nuclear war, a can of food will be worth more than any gold, and certainly more than cryptocurrencies.
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JudgeCrypto
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What will happen to cryptocurrency in the event of nuclear war?
1. Infrastructure destruction: 🌍💥 Nuclear war will lead to the destruction of global networks and infrastructure, including the Internet. Cryptocurrencies depend on the functioning of the Internet for processing transactions and validating blockchains. If the global network is disrupted, it could paralyze the cryptocurrency system, as mining and transactions under such conditions will become impossible.
Descartes suggested this possibility five hundred years ago. True, he did not have computer stimulation, but a deceiving demon, inspiring people with the surrounding world.
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Torik Sh
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Elon Musk's idea has found confirmation. A new law of physics means that we live in a simulation. A scientist from the University of Portsmouth explored whether a new law of physics could support the theory that we are just characters in a virtual world.
For 20 years, there has been a theory that we all live in a computer simulation. That is, our entire Universe is not reality but represents a virtual world. However, this theory is more of a thought experiment, but scientists sometimes try to figure out whether such assumptions can have a scientific basis. In a new article for AIP Physics, Melvin Vopson from the University of Portsmouth, UK, explored whether a new law of physics could support the theory that we are just characters in a virtual world, writes ScienceAlert. The hypothesis that our Universe is a simulation is popular among many well-known individuals, including Elon Musk. This hypothesis is also supported by theorists working with information physics, which suggests that our entire reality consists of bits of information.$XRP $DOGE $1MBABYDOGE #2024withBinance
US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
Crypto industry executives were quick to point out the folly of the United States government’s decision to transfer $1.9 billion of Bitcoin to Coinbase, with some calling it a “huge strategic mistake.”
“This is a huge strategic mistake. There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said United States Space Force engineer Jason Lowery on X on Dec. 3.
“They have no idea what they own, and it shows,” he added before continuing:
“Remember this post when they inevitably try to justify a new version of EO 6102 to reclaim the Bitcoin they sold off due to their ignorance about the true significance of this technology.”
EO 6102 is an executive order signed in 1933 by President Roosevelt “forbidding the hoarding of gold coin, gold bullion, and gold certificates” in the United States.
On Dec. 2, the US government transferred roughly 19,800 Bitcoin (BTC) worth $1.9 billion at the time to a Coinbase Prime deposit address.
Coinbase CEO Brian Armstrong concurred, adding “Agreed - the US government should never sell Bitcoin IMO.”
Brian Armstrong agreed that selling BTC was a bad idea. Source: Brian Armstrong
“If they are dumb enough to sell (which we all know governments are dumb), then that supply will get eaten up instantly.” said crypto educator Toby Cunningham, while others quipped, “Biden will do as much damage as he can before he leaves office.”
So far, the US government has transferred a total of 25,999 BTC worth around $2.49 billion to Coinbase this year. However, these transfers appear to be custody actions rather than sales, as observed by the analytics platform Spot On Chain.
Tether strategy adviser Gabor Gurbacs also suggested that there is a chance that the US government is consolidating wallets or upgrading old addresses.
“There is also a lot we don’t know. It’s not guaranteed they will sell. I haven’t seen any official auction information yet,” he added.
Head of Research at CryptoQuant Julio Moreno said it was “highly likely” that only 10,000 BTC were sold in the most recent movements, as these were sent to Coinbase Prime, and the remaining 9,800 BTC went to a newly created address.
According to Spot on Chain, the US government still holds around 183,850 BTC worth around $17.7 billion across various known addresses, the platform revealed.
Crypto balances on US government’s known addresses. Source: Spot On Chain
Bitcoin prices dipped sharply at the time of the transfer, falling almost 3% to $94,500. However, the asset has since recovered to trade at around $96,000 at the time of writing.
Magazine: Legal issues surround the FBI’s creation of fake crypto tokens
it's not a problem. the difficulty will decrease. centralized miners will leave, and finally, only CPU mining enthusiasts will remain. decentralization will only increase. this is actually good.
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Proekt_73
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US Government Adds Fuel to BTC Volatility
The US government is adding fuel to BTC volatility. According to #Arkham, they decided to sell 10,000 BTC. According to analysts, 10,000 BTC were transferred from a US government-controlled BTC wallet to the Coinbase exchange. At the same time, 19,799 BTC worth $ 1.92 billion were previously split between two new addresses. These are the#BTCthat were previously confiscated from Silk Road.
Worldwide, in 2023, the total losses from credit card fraud, bank accounts, and related funds amounted to approximately 33-40 billion dollars.
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Андрей Грачев
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Crypto hackers stole $71 million in November, bringing the total amount stolen this year to $1.48 billion
Cryptocurrency hackers continue to damage the industry's reputation as the annual value stolen through cyberattacks approaches $1.5 billion.
Cryptocurrency hackers stole digital assets worth over $71 million in November, according to a report by Immunefi.
Thus, the total value of stolen cryptocurrencies year-to-date (YTD) in 2024 has surpassed $1.48 billion, according to the report, which states:
"In total, we have seen a loss of $1,489,921,677 due to hacks and fraud in 2024 across 209 specific incidents. This is a 15% decrease compared to the same period in 2023 when losses amounted to $1,757,680,745."