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@0x1

1846 Following
384 Followers
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I joined Farcaster on 2nd July 2023 which was 1 year, 7 months, 21 days ago. Since then, 99.5%25 of users have joined after me frame by @cashlessman.eth
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Check your followers stats. Frame v2 by @compez.eth From Effort to Achievement โ€“ $GENY Helps You Share Your Path! ๐ŸŒŸ
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๐ŸŽ‰ Just became the proud owner of the amazing NFT "INK OGs #2" on Ink. Explore the incredible collection here: https://divine-ink-ogs.nfts2.me/ ๐Ÿ”ฅ Discover more on /nfts2me Tell me what you think about it! ๐Ÿ˜„ via @nfts2me
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๐Ÿ’ธ Bitcoin's price reached $75,000, setting a new all-time high. The previous peak of $73,777 was reached in March 2024
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๐Ÿ› 45 percent of respondents in a recent survey by financial giant Charles Schwab stated that they plan to invest in cryptocurrencies through ETFs. This figure surpasses the results for bonds, real assets, and alternatives. So the future for coins looks promising.
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โš ๏ธ The SEC has filed a notice of appeal against Judge Torres' decision in the case against Ripple, which reduced the company's fine to $125 million. Ripple CEO Brad Garlinghouse called this move unpromising for the Commission.
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๐Ÿ‘€ Edward Snowden called the Solana blockchain overly centralized. According to the former CIA employee, Solana centralizes everything. And once a country starts interfering, control over the system will be easily taken away. Bitcoin, on the other hand, is designed with the assumption of a worst-case scenario. If developers donโ€™t design their service to be decentralized at the protocol level, they will face the same situation as Telegram.
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๐Ÿ”ฎ Analysts at 10xResearch, based on their own research, predict that Bitcoin will reach $70,000 in the next two weeks, and by the end of October, it may hit a new all-time high๐Ÿ”ผ
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๐Ÿ“Š Ethereum has outpaced Bitcoin in price growth following the recent 50 basis point rate cut by the Federal Reserve. ๐Ÿ”ผOver the past seven days, BTC's price increased by 7%, while ETH surged by 14%. Experts point to the dominance of bullish sentiment and increased demand for long positions using leverage. โœ”๏ธ QCP Capital also highlighted the rise in the ETH/BTC pair โ€” from Friday's 0.038 to the current 0.0415. The options market indicates a shift in interest from put contracts to calls.
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โœ”๏ธ BingX stated that they have already managed to freeze $10 million stolen by hackers. Most user funds are safe as they are stored in cold wallets, noted the exchange's top executive, Vivien Lin. ๐Ÿ“Œ She also emphasized that the company has sufficient reserves to cover any potential losses.
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๐Ÿ’ธ According to analysts, American companies will purchase $10 billion worth of Bitcoin over the next 18 months โ€” traditional corporate investment strategies rely on fiat and other short-term cash equivalents, which are poor stores of value as they often fail to outpace inflation.
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โš™๏ธ The Chang hard fork was successfully completed on the Cardano network. The update marked the beginning of the Conway ledger era and the transition of the ecosystem to decentralized governance. ADA token holders will now be able to participate in voting, determining the future of the network.
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๐Ÿฅธ Vitalik Buterin stated that he hasn't sold for personal gain since 2018โ€”all sales have been directed toward supporting various projects that he considers valuable, either within the Ethereum ecosystem or in broader philanthropic activities (e.g., biomedical research and development). By the way, Vitalik recently got a new girlfriend, and many have linked this to the drop in ETH's price.
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Hamster Kombat announced the TGE and listing date โ€“ September 26th. ๐Ÿน
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Opinion: ETH will eventually surpass BTC in market capitalization ๐Ÿ“Œ Bitcoin has a clear narrative as "digital gold," and institutions have already bought into it. ๐Ÿ“Œ Ethereum is not yet as well-received by institutions, but it has been the most influential blockchain in the industry over the past five years. Ethereum is the blockchain where the most talented developers in the world are building a decentralized internet, and ETH is the oil that fuels it. Do you agree? Yes, ETH will flip BTC โ€” ๐Ÿ‘ No, BTC will always be top-1 โ€” ๐Ÿ‘Ž
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๐Ÿ› On Polymarket, the odds of Durov being released by August 31 are estimated at 25% Users of the crypto-betting platform Polymarket have estimated the chances of Telegram founder Pavel Durov being released by August 31 at 25%. โœ”๏ธ he total betting volume on this prediction exceeds $83,500. The option to bet on this outcome became available on Sunday, August 25.
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๐Ÿ’ธ Glassnode: 74% of Bitcoin Holders Havenโ€™t Moved Their BTC in Over Six Months According to data from the analytics platform Glassnode, 74% of Bitcoin holders havenโ€™t moved their assets in more than six months. Around 16.6% of long-term Bitcoin holders have been inactive for over ten years. Another 4.98% have been inactive for seven to ten years, while 9.15% have held their coins for five to seven years. โ€œThe trend of holding reduces the supply of the asset available for trading, which could potentially lead to price increases as demand grows and supply diminishes,โ€ stated Cointelegraph.
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๐Ÿ”’ Largest Unlocks for the Upcoming Week: ๐Ÿ“Œ Avalanche (AVAX) - $198.53 million ๐Ÿ“Œ Polyhedra Network (ZKJ) - $18.79 million ๐Ÿ“Œ Merlin Chain (MERL) - $8.24 million ๐Ÿ“Œ Pixels (PIXEL) - $7.7 million ๐Ÿ“Œ Worldcoin (WLD) - $7.52 million ๐Ÿ“Œ SPACE ID (ID) - $6.64 million ๐Ÿ“Œ Metaplex (MPLX) - $5.86 million
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๐Ÿ’ฅ A Platform for Launching Memecoins Has Appeared on TRON A platform for launching meme tokens called SunPump has been created on the TRON network. ๐Ÿ”— The project is directly associated with TRON founder Justin Sun. In an interview with CoinDesk, he stated that SunPump conducts thorough vetting of projects before they are allowed to launch on the platform, "to ensure they meet certain standards of integrity." The statement also mentioned that the new service will compete with a similar platform, PumpFun, based on Solana.
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โœจ Vitalik Buterin has donated half a million dollars to the Animal Protection Fund. He directed all the meme tokens he accumulated over the past year to charity. In total, the Ethereum founder transferred 200 ETH ($530,000). โœ”๏ธButerin has repeatedly mentioned that memecoins could fill the niche of tokens used for charity. He believes it's now time to fund serious public projects. "It's 2024, we can start engaging in more serious public funding," Buterin wrote.
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