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Net Sky

@netsky

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🎉 Just became the proud owner of the amazing NFT "Satoshi Universe #308626" on Linea. Explore the incredible collection here: https://satoshi-universe.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me
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I just completed "Week 1 Voting" on Layer3 - https://app.layer3.xyz/quests/week-1-voting
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Payment Methods Around the World
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Large Bitcoin Wallets Expand Holdings to Six-Year High Over the past six weeks, Bitcoin wallets containing more than 10,000 coins have significantly benefited from the recent market fluctuations. Santiment, a behavior analysis platform, reports that these major players have added approximately 212,450 BTC to their holdings. This surge increases their control over an additional 1.05% of the total circulating Bitcoin supply, achieving a peak not seen in nearly six years. Accumulations have soared to levels exceeding 3.19 million coins, a figure last observed in November 2018. This uptrend suggests that the largest Bitcoin holders are actively buying during price drops, indicating a bullish outlook among these influential investors.
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Mint Touch Grass
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Venezuelans Embrace Crypto for Remittances During Economic Hardship Venezuela’s severe economic downturn has led to a mass migration exceeding those from Ukraine and Syria, with over 7.7 million fleeing in the last decade. Amid recovery, cryptocurrencies have become crucial, capturing 9% of the $5.4 billion in remittances last year, outpacing traditional methods in efficiency and cost. This shift highlights the growing reliance on digital solutions due to high transaction fees and restrictive financial regulations. In 2023, about 30% of Venezuelan households received remittances, with many preferring cryptocurrencies like Dogecoin and Tether for their low fees and immediate processing. These digital options are increasingly favored over conventional channels, particularly in remittance-heavy communities in the US. ⬇️ ⬇️ ⬇️
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🎉 Just became the proud owner of the amazing NFT "Efrogs Passport #117176" on Linea. Explore the incredible collection here: https://efrogs-passport.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me
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German MP Joana Cotar Urges Government to Halt Bitcoin Selling Joana Cotar, a prominent independent member of the Bundestag, is challenging the German government’s strategy of selling off its Bitcoin holdings. She argues this action undermines potential economic benefits. Cotar highlights Bitcoin’s value as a hedge against inflation and currency devaluation, emphasizing its scarcity and potential to diversify assets away from traditional financial risks. Her views were expressed in a communication with key political figures, including Chancellor Olaf Scholz, ahead of an upcoming lecture with Bitcoin advocate Samson Mow. Cotar points out that embracing Bitcoin could drive innovation, economic sovereignty, and technological advancement. She previously proposed legislation to adopt Bitcoin as legal tender in Germany, mirroring El Salvador’s pioneering move. Her initiative reflects a growing recognition of cryptocurrency’s role in a modern financial portfolio. ⬇️ ⬇️ ⬇️
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🎉 Just became the proud owner of the amazing NFT "Linea Voyage by “Culture SZN" #158285" on Linea. Explore the incredible collection here: https://wizards-of-linea-x-linea-voyage.nfts2.me/ 🔥 Discover more on /nfts2me Tell me what you think about it! 😄 via @nfts2me
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CleanSpark Mines 445 Bitcoin, Surpasses Mid-Year 20 EH/s Target CleanSpark achieved a notable increase in its bitcoin mining activity in June, mining 445 bitcoin compared to 417 in May. This success stems from the acquisition of five new mining sites in Georgia, enabling the company to exceed its mid-year target with an operational hashrate of over 20 EH/s. In June, CleanSpark sold 8.06 bitcoin at an average price of approximately $67,514 per bitcoin. CEO Zach Bradford highlighted the company’s focused strategy on boosting its bitcoin mining hashrate and revenue, emphasizing efficiency at existing sites and upcoming opportunities in Wyoming and Tennessee. The recent operational gains represent a significant milestone, more than doubling their hashrate since December, despite the April bitcoin halving, which reduced mining rewards by 50%. ⬇️ ⬇️ ⬇️
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Standard Chartered Sees Bitcoin All-Time High Next Month Standard Chartered forecasts a new all-time high for Bitcoin in August, with a potential surge to $100,000 by the U.S. presidential election in November. Geoffrey Kendrick, the bank’s head of forex and digital assets research, predicts a favorable scenario if Joe Biden remains in the race, indirectly boosting Bitcoin prices due to perceived positive impacts from a potential Donald Trump victory. Kendrick highlights a positive correlation between Trump’s electoral chances and Bitcoin prices, noting that under Trump’s administration, regulation and mining would likely receive more favorable treatment. He also mentions an alternative, less likely scenario where Biden withdraws from the race, causing Bitcoin prices to dip to $50,000-$55,000, with prices staying soft if a strong Democratic candidate, like Michelle Obama, steps in. ⬇️ ⬇️ ⬇️
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xD
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💯
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Welcome: https://app.towns.com/t/10c3648e26979dc181de55a66a34c2c3dabc3e37ab0000000000000000000000//?invite
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