Eugene

@prorock

118 Following

35 Followers

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Bought Beardrops

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Minted Edition Four: Ooga Booga Bera. Such Cute. Such Wow.

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Minted it's september

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Minted Edition Three: おはベラ！(oha-bera)

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Bought interested in everything

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Minted Dune Mint Moment X Onchain Summer

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Minted Upload Imagination with DeSe

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Bought interested in everything

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Bought Limitless

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Bought Owly Zerion

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Top events of the crypto market this week 🌐 ⏺All week long there have been token releases. The most notable will be the unlocking of almost 55 million Pixels (PIXEL) tokens. August 21 — publication of the FOMC protocols. The publication of FOMC protocols usually provokes some volatility in the general market, but it is often an excellent tool for trading options. ⏺August 23 — listing of DOGS and generation of TGE tokens. The mini-application appeared in the messenger only in mid-July. It was launched against the backdrop of hype around such popular gaming projects as Notcoin, TapSwap and Hamster Kombat. August 23 — speech by the head of the US Federal Reserve. Jerome Powell will speak at the annual Economic Policy Meeting in Jackson Hole. The markets will be closely watching his words at this event.

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Minted IYK Zorb

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Tether will challenge Microsoft, Google and Amazon in the field of AI The company intends to invest in the AI sector with the promotion of the principles of decentralization and BTC ethics: freedom of speech, access to technology and finance. This was announced by Paolo Ardoino, CEO of the company. According to him, AI is highly politicized, and having a player independent of the classical industry participants is very important. The expert believes that it is necessary to create tools that respect the privacy of people, guarantee the local use of information without transferring it to companies that manage social networks. The firm intends to reinvest more than 90% of profits in areas that are "important to it and the community."

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Minted The Honey Site

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Minted Zora Office Mural by Karl Phenom

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📌 CryptoQuant founder on bullish assumptions (https://x.com/ki_young_ju/status/1820882769913983106 ) Bitcoin has: 1. The surrender of the miners is close to completion, and the hashrate is approaching a new historical maximum. Mining costs are $43,000 per BTC. 2. Whales are accumulating Bitcoin. + 404,000 BTC ($23 billion) for the last month. Only on yesterday's market decline did they buy (https://x.com/efficiencymaxi/status/1820855467414843474 ) 30,000 BTC worth $1.7 billion. 3. Lack of retail trade. Retail investor activity at 2020 levels (times of Covid-19). 4. Decrease in the activity of old whales (wallets are more than 3 years old). They sold their stocks between March and June, so there is no significant pressure from sellers.

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Mint ZERϴ Network x Petra ˚ ༘♡ ⋆｡˚

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Why has BTC dropped to almost $60,000? QCP Capital analysts identify several key factors that influenced the correction: 🟦A significant increase in the BTC supply. Several large distributions have occurred: the US government (about 28,000 BTC), Mt. Gox (33,960 BTC) and payments to Genesis creditors ($1.5 billion in BTC and Ethereum). 🟦Record increase in mining difficulty. After a 10.5% jump, many miners are forced to sell their BTC. 🟦Negative macroeconomic indicators. The unemployment rate in the United States exceeded expectations — 4.3% against the projected 4.1%. Despite this, Gemini analysts said that the crypto industry will show steady growth in the next 2 years. This will be facilitated: 🟦Easing of monetary policy. In September, the first US rate cut in 2 years is expected. 🟦Political background. The upcoming US presidential election could be a turning point for the crypto industry. 🟦Infrastructure growth. The emergence of new financial instruments and applications —

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Now if you are smeared in a loss-making alta, then you just need to collect the eggs in a fist and wait out the storm, if you are not smeared and there are stables, then it's time to buy out the alta, even in parts. Your entry point will now be better than the 90% of the market that took much higher. DYOR

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