Inna

@innafrem3

804 Following

451 Followers

Inna pfp

Vitalik Buterin Calls Political Memcoins "The Perfect Bribe Tool" Ethereum founder Vitalik Buterin believes that "political" memecoins are suitable as a tool for unlimited bribes, including from foreign countries. Buterin wrote that he does not recommend politicians to go down this path. "The risk of political coins comes from the fact that they are the perfect bribery tool. If politicians issue a coin, you don't even have to send "them" coins to give them money. Instead, you just buy and hold the coin, and it passively increases the value of their holdings," Buterin wrote in X. He drew attention to the fact that holding such a coin is "a linear combination of donating to the issuer and gambling." That is, you can do the first, but if a dispute arises, then claim that the second is being done, without having to provide additional evidence. I did not play political games, but I bought memecoins and did not have time to sell them, they flew down like a rocket 🙈. Are you more fortunate?

1 reply

0 recast

6 reactions

Inna pfp

Analysts are confident that MicroStrategy will receive shareholder approval to issue 10 billion shares to raise funds for bitcoin. The shareholders' meeting and vote will take place on January 21. If approved, the company will increase the number of Class A common shares from 330 million to 10.33 billion, and preferred shares from 5 million to 1.005 billion. Analysts polled by Bloomberg expect that MicroStrategy shareholders will easily support the company's proposal to increase the maximum number of shares. If approved, MicroStrategy will be able to issue more shares than almost all of the largest participants in the Nasdaq 100 index, with the exception of four of the top five, such as Amazon and Alphabet (Google). It is assumed that this will be part of MicroStrategy's fundraising program called the "21/21 Plan", which is designed for three years. The company plans to raise $42 billion to buy bitcoin. According to the plan, MicroStrategy intends to raise $21 billion by placing shares on the open market

2 replies

0 recast

3 reactions

Inna pfp

A committee on cryptocurrencies will be created in the US Senate, which will be headed by the author of the bill on the state reserve of bitcoins. The U.S. Senate Banking Committee is preparing to announce the creation of its first-ever subcommittee on digital assets, FOX Business reports. Senator Cynthia Lummis is expected to be appointed Chairman of the group. She, like other alleged members of the new working group, is known for her pro-crypto views and the development of a law on the national bitcoin reserve called the Bitcoin Act. According to her bill, the US Federal Reserve will have to buy bitcoin and hold it as a reserve asset, like gold or foreign currencies. It is assumed that the government will buy up to 200 thousand bitcoins per year for 5 years in order to accumulate 1 million bitcoins. According to Lammis, this, among other things, can help reduce the US national debt by half by 2045

1 reply

0 recast

2 reactions

Inna pfp

Bitcoin turned 16 yesterday. The first cryptocurrency was launched on January 3, 2009 January 3, 2009 can be considered the real birthday of Bitcoin. It was then that the so-called genesis block was mined - the very first block of transactions in the chain of blocks (blockchain) of the first cryptocurrency. The anonymous creator of Bitcoin under the pseudonym Satoshi Nakamoto added to the first block the headline of the newspaper article from The Times "Chancellor on brink of second bailout for banks", which described the British government's preparations for a second round of bailouts for banks affected by the global financial crisis of 2008. This headline probably emphasized that Bitcoin was created as an alternative to the traditional financial system, in which the government and central banks save financial institutions at the expense of taxpayers.

1 reply

0 recast

2 reactions

Inna pfp

The United States has regained its relevance in the crypto sector after Asia claimed the lead for much of 2023. The region was a “major beneficiary” of the outgoing Biden administration’s tough measures, which Donald Trump, who promised to make America the “crypto capital” of the world, intends to reverse. Several factors indicate that crypto market activity is now concentrated in the United States. These include data on the time of day when cryptocurrency trading is most active, exchange-traded fund (ETF) trading volumes, interest in crypto futures in the United States, and the restoration of market depth. The share of daily bitcoin/dollar trades during U.S. exchange hours has risen to about 53% from 40% in 2021. Bloomberg’s sources note that the shift in “liquidity dominance” toward America has been driven by the growing participation of institutional players. The chart shows the periods of activity in cryptocurrency trading in dollar pairs by time in the period from 2021 to 2024.

2 replies

1 recast

2 reactions

Inna pfp

Amid Bitcoin's slump, social media users recalled a post by Binance founder Changpeng Zhao from four years ago. "Already waiting for headlines about Bitcoin 'CRASHING' from $101,000 to $85,000. Save this tweet," Zhao wrote on December 17, 2020, in X

1 reply

0 recast

1 reaction

Inna pfp

@clanker deploy token Name Buba Ticker BUBA Use image attached

1 reply

0 recast

0 reaction

Inna pfp

@clanker deploy token Name Baby Ticker BABY Use image attached

2 replies

0 recast

4 reactions

Inna pfp

📊 Net Inflows to ETH ETFs Exceed $2 Billion in Past 2 Weeks

2 replies

1 recast

6 reactions

Inna pfp

https://warpcast.com/nikolaiii/0xe4c2a56a

0 reply

0 recast

0 reaction

Inna pfp

@clanker deploy token Name Banana Ticker BNN Use image attached

0 reply

0 recast

1 reaction

Inna pfp

The largest US crypto exchange Coinbase will add the Peanut the Squirrel (PNUT) memecoin to its listing. Its price responded to the announcement with an immediate rise in response to this news. In early November, Binance added PNUT to the spot market, after which its capitalization soared tenfold, and the memecoin itself entered the top 100 largest crypto assets. The token was launched through the PumpFun platform, its creator is unknown.

2 replies

0 recast

4 reactions

Inna pfp

@clanker deploy token Name Banana Ticker BNN Use image attached

1 reply

0 recast

0 reaction

Inna pfp

US ETFs Hold More Bitcoin Than Satoshi Nakamoto The total Bitcoin holdings managed by US exchange-traded fund (ETF) companies have surpassed 1.1 million, or nearly $110 billion at current exchange rates, a fact highlighted by Bloomberg ETF analyst Eric Balchunas. “Kings of the hill. US spot ETFs have surpassed Satoshi himself in Bitcoin holdings. They hold more than 1.1 million Bitcoin, more than anyone else in the world, and they’re not even a year old,” Balchunas wrote in X. That amount of cryptocurrency is indeed comparable to the number of Bitcoins believed to be owned by Bitcoin’s creator, known as Satoshi Nakamoto.

1 reply

0 recast

3 reactions

Inna pfp

@clanker deploy token Name CARS Ticker CRS Use image attached

1 reply

0 recast

0 reaction

Inna pfp

In March of this year, Forbes magazine published an extensive article in which it declared 20 of the oldest cryptocurrencies to be “zombie tokens.” Among them are XRP, ADA, LTC, and other coins from the list of the largest by capitalization, which, nevertheless, showed significant growth. These coins were called “zombies” because the insignificant income from the fees of the blockchain projects using them indicated a lack of demand for the product. The publication also noted that these blockchains had problems attracting developers. In addition, the journalists emphasized that none of the experts they interviewed could provide an example of any serious use of these blockchains and tokens, other than their use in speculative trading. All 20 tokens included in the “zombie” list according to Forbes have increased in price over the past month, and only three of them have not yet gone into the plus since the beginning of the year.

1 reply

0 recast

2 reactions

Inna pfp

@clanker deploy token Name CAR Ticker CAR Use image attached

1 reply

0 recast

0 reaction

Inna pfp

What will happen to cryptocurrencies in the coming week Even if the consequences do not exceed the level of $100 thousand. In the coming week, significant falls should not be expected. At the same time, liquidity is gradually beginning to flow from the situation to other strong assets, experts note. Ethereum has begun to "wake up", large ecosystem assets such as ENS and UNI, showing aggressive actions. In the coming week, we can expect positive actions on "ether" and an increase in the value of large coins in its building. The Solana ecosystem has also begun to show weakness and a decrease in the excitement around memecoins.

2 replies

0 recast

2 reactions

Inna pfp

"Whales" bought 10,000 bitcoins on a drawdown of the exchange rate to $ 90 thousand. There is an opinion that if the "whales" start selling coins, then this may portend a fall in the exchange rate. Conversely, if the "whales" replenish stocks, then the price of cryptocurrency may go up. However, in the case of this information, attempts at market manipulation cannot be ruled out. "Whales" bought more than 10 thousand bitcoins (BTC) during the decline in the price of the coin from $99 thousand to $ 90 thousand, cryptanalyst Ali Martinez said, referring to data from Santiment. After this fall, the course turned around. At 18:30 Moscow time on November 28, BTC is trading at about $95.4 thousand, it has risen in price by 0.9% per day. According to Martinez's calculations, one of the key support levels for bitcoin that is worth watching is $93,580, since at this price, a total of 667 thousand addresses bought almost 504 thousand BTC.

2 replies

0 recast

5 reactions

Inna pfp

MicroStrategy bought another 55,500 bitcoins for $5.4 billion Between November 18-24, Michael Saylor's MicroStrategy acquired another 55,500 bitcoins worth about $5.4 billion at an average price of $97,862 per bitcoin. This is the largest of the company's purchases in dollar terms. Funds for the purchase of the next batch of bitcoins were received from the placement of convertible bonds and the issue and sale of MSTR shares. As of November 24, 2024, MicroStrategy, along with its subsidiaries, owns 386,700 BTC at an average purchase price of $56,761 per bitcoin, for which it has spent a total of $21.9 billion.

3 replies

0 recast

6 reactions