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Dmitry

@dmtr

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Dmitry
@dmtr
πŸ“‰ Mining Equipment Shortage Hits China! Popular mining devices are selling out in China despite soaring prices. Antminer S21, a top model, now costs $55.6Kβ€”30% more than last year. πŸš€ 🌍 Global Demand Surges: Suppliers report rising orders from Russia, Ethiopia, the U.S., and Canada, with clients importing hundreds or even thousands of machines. πŸ’‘ Future Outlook: Local businesses predict Bitcoin's growth will worsen equipment shortages. One owner, running a farm in Russia with cheap electricity, earns over $1.6K daily! ⚑
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Dmitry
@dmtr
A trader turned $10,000 into $5 in seconds buying PENGU 🐧 On Dec 17, a trader tried sniping PENGU tokens early using Jupiter aggregator before the official launch. However, their trade went to the wrong liquidity pool on Raydium DEX due to either a misconfigured bot or manual error. Since the pool had almost no liquidity, PENGU’s price skyrocketed, briefly boosting its market cap to $14 trillion 🌌. The trader ended up paying $10,000 in SOL for 78 PENGU, worth just $5 post-trade. Ouch! 😬
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Dmitry
@dmtr
JPMorgan analysts have noted that industrial miners are now using the same strategy for acquiring and holding Bitcoin as MicroStrategy. Mining companies increasingly fund their operations through debt and equity, instead of selling off their cryptocurrency reserves like they used to. πŸš€πŸ’Ž
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Dmitry
@dmtr
Mint ClassicHelmet
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Dmitry
@dmtr
Donald Trump congratulated Bitcoin holders on reaching the $100K price milestone! πŸŽ‰πŸ“ˆπŸ’°
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Dmitry
@dmtr
Crypto exchange Hyperliquid distributed HYPE tokens worth $1.59 billion πŸ’ΈπŸš€ This makes the HYPE airdrop one of the largest in 2024. 🌟 The total supply of Hyperliquid tokens is capped at 1 billion. On November 29, the project issued and distributed 31% (310 million) of the HYPE tokens. Their market capitalization reached $1.59 billion, according to CoinGecko at 6:00 PM MSK. πŸ“Š Fully diluted valuation (FDV) of the tokens exceeded $4.7 billion. πŸŒπŸ’°
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Dmitry
@dmtr
Justin Sun Joins as Advisor to the Trump Family’s Crypto Project πŸš€ The founder of the Tron blockchain, Justin Sun, has become an advisor to the crypto project World Liberty Financial (WLFI), supported by Donald Trump and his three sons. 🌟 "We are honored to welcome Justin Sun as an advisor to World Liberty Financial! πŸ™Œ […] Justin's knowledge and experience will be invaluable as we continue to innovate and grow," said World Liberty Financial. πŸ’‘βœ¨
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Dmitry
@dmtr
MicroStrategy to Raise Another $2.6 Billion to Buy Bitcoin πŸš€πŸ’° Michael Saylor's company will issue bonds worth $2.6 billion, maturing in 2029. According to MicroStrategy's estimates, the proceeds from the bond sale, after deducting fees and placement-related expenses, will amount to approximately $2.58 billion. πŸ’΅πŸ“ˆ MicroStrategy plans to use these funds to acquire additional Bitcoin and for "general corporate purposes." πŸͺ™βœ¨
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Dmitry
@dmtr
Mike Novogratz on Bitcoin in US Reserves: πŸ’¬πŸ’° Galaxy Digital's Mike Novogratz doubts the US will create a Bitcoin reserve. 🧐 In July, Donald Trump suggested storing Bitcoin as a national asset if elected. πŸ‡ΊπŸ‡ΈπŸ“ˆ Republican senator Cynthia Lummis also proposed a law for the Federal Reserve to hold Bitcoin as a reserve asset, aiming for 1M BTC in 5 years ($90B). πŸ“œβš‘ Novogratz sees it as unlikely due to Senate votes but believes holding Bitcoin could boost US crypto leadership. πŸŒπŸš€ If adopted, Bitcoin might hit $500K. πŸ’Ž
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Dmitry
@dmtr
"Broker Robinhood has announced the listing of meme coin PEPE 🐸 and token XRP πŸ’§ for the US market. Alongside these, the platform has reintroduced Solana (SOL) πŸ”— and Cardano (ADA) πŸͺ™ for trading, which were previously delisted in 2023 due to their classification as securities in SEC lawsuits against Binance and Coinbase."
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Dmitry
@dmtr
Mint SportHelmet
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Solana (SOL)'s share of the total crypto market capitalization reached a record 3.75%! πŸ“ˆ Back at the market peak in 2021, SOL's share was less than 2.8%, and at the beginning of 2024, it was below 1%. For the first time since March, SOL's price hit $200, with a market cap exceeding $94.2 billion. πŸš€ Since the start of 2024, SOL's price has nearly doubled, adding 40% just over the past month! πŸ”₯
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Dmitry
@dmtr
Mint CrossHelmet
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The U.S. SEC is investigating Immutable for IMX token sales 🚨 Immutable developers reported receiving a Wells notice from the SEC, warning of potential legal action over 2021 IMX token sales, which the SEC views as unregistered securities sales violating U.S. laws. 🚫 Similar notices have been issued to Coinbase, Kraken, OpenSea, and other crypto firms. πŸ“‰ IMX's price dropped over 10% following the news.
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Dmitry
@dmtr
Bitcoin ETF Investors Feel FOMO Amid Bitcoin Surge πŸš€ On October 29, trading volume in U.S. spot exchange-traded funds (ETFs) reached a six-month high of $3.3 billion, according to Bloomberg ETF market analyst Eric Balchunas. During the U.S. trading session, Bitcoin rose by 4%, and Balchunas noted that such ETF volume spikes are more typical during market crises and downturns πŸ“‰. However, the situation can shift if investors experience the β€œFear of Missing Out” (FOMO) 😬, he added. As of October 29, spot Bitcoin ETFs saw an inflow of $870 million in new capital β€” the third-largest daily inflow since their launch in January. Most of the investor funds ($642 million) went to BlackRock’s IBIT fund πŸ“ˆ.
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Dmitry
@dmtr
"πŸ“ˆ From October 25 to 26, the crypto market experienced volatility. Initially, the market dipped following a publication by The Wall Street Journal on an investigation into Tether, but quickly recovered after the company’s denial. Then, around 2:00 a.m., Bitcoin's price dipped again below $66,000 following an Israeli strike on Iran, but it quickly rebounded. All top-100 altcoins saw losses of 3-10% over the past 24 hours. πŸ“‰πŸ’Ή"
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Dmitry
@dmtr
Early Bitcoin miner sells coins worth nearly $10M πŸ’° An unknown early Bitcoin user transferred $9.7M in BTC to Kraken, according to Arkham. He mined over 1,000 BTC just five days after the network launched in 2009. πŸ•΅οΈβ€β™‚οΈ There’s still over 1,000 BTC ($72M) in his wallet! πŸ‘€ Source: Arkham
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Dmitry
@dmtr
Crypto project Scroll has released details of the upcoming SCR token airdrop. πŸŽ‰πŸš€
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Dmitry
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MicroStrategy aims to become a Bitcoin bank and build a trillion-dollar company πŸ’°πŸš€ Michael Saylor revealed in a recent interview that he envisions MicroStrategy as a Bitcoin bank focused on creating tools for growing Bitcoin capital through stocks, bonds, and other debt securities πŸ“ˆ: "Our goal is to become the leading Bitcoin financial company, with $100–$150 billion in Bitcoin through various financial instruments."
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Dmitry
@dmtr
I just completed "Zora: Imagine" on Layer3 - https://app.layer3.xyz/quests/immerse-in-the-zora-app
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