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Sahamies.base.eth 🎭 ⚡️

@sahamies

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@sahamies
💬 Shane Coplan, the founder and CEO of Polymarket, emphasized the "strict non-partisanship" of the decentralized prediction platform amid the upcoming U.S. presidential election. "Given The New York Times' recent article on Polymarket, now is a good time to clarify: Polymarket is strictly non-partisan. We’re labeled as agents of the Democrats or MAGA, depending on the day. Unfortunately, the story is less juicy—we're just market geeks who believe that prediction markets provide the public with a much-needed alternative data source," he wrote. The Polymarket CEO also described the platform as a "reality check" in an environment where algorithms feed audiences an endless stream of opinions based on what they already think, pushing them further into echo chambers.
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@sahamies
Here’s the English translation of the key points from Vitalik Buterin's roadmap shared on October 17, 2024: 1️⃣ Ethereum plans to achieve more than 100,000 transactions per second by leveraging both L1 and L2 networks. 2️⃣ Vitalik aims to enhance interoperability between layer-two blockchains. 3️⃣ "Ethereum should be perceived as a unified ecosystem, not as 34 different blockchains." 4️⃣ The team also plans to enable transfers to other networks in just 2 seconds, standardize the user experience, and improve the security of links. @base
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@sahamies
📊 Analysts at NYDIG reported that since the beginning of the year, Bitcoin has risen by 49.2%, showing the best performance among key assets. A number of drivers could extend this upward trend in the fourth quarter. October-December is traditionally a bullish period for the asset, and there are several factors that could help repeat this performance, including the upcoming U.S. elections on November 5. A victory for Donald Trump would lead to significant growth.
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@sahamies
⚙️ The Australian Federal Police have accessed $6.41 million in cryptocurrency assets belonging to a suspect by decrypting the wallet's seed phrase. On September 17, law enforcement arrested a 32-year-old alleged administrator of the encrypted messenger Ghost as part of Operation Kraken. According to authorities, the application was specifically created for organized crime involved in drug trafficking, money laundering, and contract killings.
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@sahamies
🐋 The Bank of New York Mellon, with $50 trillion in assets under management (AUM), is planning to enter the custody services market for spot exchange-traded funds (ETFs) based on Bitcoin and Ethereum. This move could threaten the dominant position of Coinbase, which currently manages the custody of funds for more than 90% of U.S. spot ETFs.
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@sahamies
The NFT project Flyfish Club will pay $750,000 to the U.S. SEC as part of a settlement. The regulator stated that Flyfish conducted an unregistered offering of securities when it sold 1,600 NFTs to U.S. investors, raising $14.8 million. The purpose of the NFT sale was to finance the construction of a restaurant and bar called "Flyfish Club" in New York. The SEC claimed that the project led investors to expect profits from the business activities and highlighted potential profits from reselling their NFTs at inflated prices.
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Sahamies.base.eth 🎭 ⚡️
@sahamies
The NFT project Flyfish Club will pay $750,000 to the U.S. SEC as part of a settlement. The regulator stated that Flyfish conducted an unregistered offering of securities when it sold 1,600 NFTs to U.S. investors, raising $14.8 million. The purpose of the NFT sale was to finance the construction of a restaurant and bar called "Flyfish Club" in New York. The SEC claimed that the project led investors to expect profits from the business activities and highlighted potential profits from reselling their NFTs at inflated prices.
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@sahamies
CryptoQuant has pointed out the need for an increase in funding rates in the Ethereum futures market for a parabolic rise in the cryptocurrency’s price. The current rate of ~0.0056% is comparable to what was observed in September 2023 before the indicator rose sequentially to levels above 0.015%, experts noted. Coinbase has cited altcoins as the culprit behind Ethereum's stagnation — due to significant declines in their prices, investors find it “difficult to exit” positions. This has “trapped” capital that would otherwise flow through a broader ecosystem like Ethereum.
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@sahamies
FTX/Alameda has begun unstaking Solana (SOL) — a transfer of 177,693 SOL worth $24 million has been recorded, according to PeckShield. In total, the wallet holds over 7 million SOL ($952 million). These assets may potentially be directed to exchanges or OTC platforms for sale and further creditor payments. For example, Alameda sent 143,770 Worldcoin (WLD) to Binance from another wallet, according to Arkham.
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@sahamies
A solo miner has mined a block (https://mempool.space/block/00000000000000000002bbf819cea419c9e3bb0d3f912fe32d655a1d2439a985) on the Bitcoin network and received a reward of 3.169 BTC ($182,000). Since Bitcoin's launch in 2009, solo miners have successfully mined a block only 290 times.
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Sahamies.base.eth 🎭 ⚡️
@sahamies
A solo miner has mined a block (https://mempool.space/block/00000000000000000002bbf819cea419c9e3bb0d3f912fe32d655a1d2439a985) on the Bitcoin network and received a reward of 3.169 BTC ($182,000). Since Bitcoin's launch in 2009, solo miners have successfully mined a block only 290 times.
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Sahamies.base.eth 🎭 ⚡️ pfp
Sahamies.base.eth 🎭 ⚡️
@sahamies
A solo miner has mined a block (https://mempool.space/block/00000000000000000002bbf819cea419c9e3bb0d3f912fe32d655a1d2439a985) on the Bitcoin network and received a reward of 3.169 BTC ($182,000). Since Bitcoin's launch in 2009, solo miners have successfully mined a block only 290 times.
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@sahamies
🕵️‍♂️ The FBI reports (https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3CryptocurrencyReport.pdf) that in 2023, Americans lost $5.6 billion due to cryptocurrency fraud — over 69,000 complaints were filed during the reporting period. The highest number of complaints came from individuals over the age of 60, with investment pyramids being the most common type of crime.
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Sahamies.base.eth 🎭 ⚡️ pfp
Sahamies.base.eth 🎭 ⚡️
@sahamies
🕵️‍♂️ The FBI reports (https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3CryptocurrencyReport.pdf) that in 2023, Americans lost $5.6 billion due to cryptocurrency fraud — over 69,000 complaints were filed during the reporting period. The highest number of complaints came from individuals over the age of 60, with investment pyramids being the most common type of crime.
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Sahamies.base.eth 🎭 ⚡️ pfp
Sahamies.base.eth 🎭 ⚡️
@sahamies
🕵️‍♂️ The FBI reports (https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3CryptocurrencyReport.pdf) that in 2023, Americans lost $5.6 billion due to cryptocurrency fraud — over 69,000 complaints were filed during the reporting period. The highest number of complaints came from individuals over the age of 60, with investment pyramids being the most common type of crime.
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Sahamies.base.eth 🎭 ⚡️
@sahamies
📊 Major trader Machi Big Brother, who spent 5200 ETH ($16.7 million) to buy FRIEND tokens, has lost $16 million — his tokens are now worth only $700,000. The price collapse occurred after the project team renounced control over the protocol's smart contracts. Analysts believe the revival of the project is unlikely.
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Sahamies.base.eth 🎭 ⚡️
@sahamies
📊 Major trader Machi Big Brother, who spent 5200 ETH ($16.7 million) to buy FRIEND tokens, has lost $16 million — his tokens are now worth only $700,000. The price collapse occurred after the project team renounced control over the protocol's smart contracts. Analysts believe the revival of the project is unlikely.
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@sahamies
Bearish predictions about the first cryptocurrency falling to the $40,000 level have no basis other than spontaneous fear, according to JAN3 CEO Samson Mow. "Other than spontaneous fear, bears have no grounds to say that Bitcoin will fall to $0.04 million. Bitcoin could just as easily reach $0.1 million. And this is supported by: brrr, +$3 billion debt per day, strategic Bitcoin reserves, pension allocations, and corporate purchases," he wrote. According to the expert, fear can drive the market, but it never lasts long.
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@sahamies
📉 On the night of Saturday, September 7th, the price of the leading cryptocurrency briefly dropped below the $53,000 mark. Bitcoin then recovered to the $54,000 level. The total volume of liquidated positions over the past 24 hours amounted to $315 million, with $219 million of that being long positions.
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@sahamies
The repetition of Ethereum's price peak at $4,878 by the end of the year is "possible but highly unlikely," according to Derive founder Nick Forster : ◽️ ETFs based on the asset are underperforming compared to tech company stocks, which offer "higher returns." ◽️ The options market estimates the probability of returning to the ATH at 10%. In his opinion, three key events need to align for this scenario to happen — Trump winning the election, aggressive rate cuts by the Fed, and a broader increase in global financial liquidity. Recently, CryptoQuant reported that Ethereum's price has significantly "lagged" behind Bitcoin, Solana, and BNB after The Merge and the transition to PoS.
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