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nelsonofianatcpmk

@nelsonofianatcpm

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This is not the first significant transfer by Buterin this month. On August 9, the ETH co-founder moved 3,000 ETH, valued at $8.04 million, to the same multisig wallet. On June 12, 2023, Buterin transferred 1,000 ETH ($1.85 million) to a different multisig wallet, and in April 2023, Buterin moved 2,500 ETH ($4.6 million) to a cold storage wallet.
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Finding crypto gems in the market can bring big returns in the future. A new project called DTX Exchange (DTX) is making everyone talk about it, even people who own crypto coins like Injective (INJ), Stacks (STX) and Celestia (TIA). DTX is still new, but it’s already getting much attention. Now in Stage 2 of its presale, this token has already given those who bought it early a 100% ROI. Market analysts are also confident in its growth. They hint that DTX may soar by 150x in 2024. Injective is a crypto that has seen some exciting events. Recently, Injective revealed that it burned $344,478 worth of INJ in just seven days. This is one of the highest burn auction days since its launch. With this Injective news, many people expect that the price of its token may rise soon. The Injective crypto saw a price jump of over 110% in the past 12 months. Plus, around 15 technical signals are now showing green for INJ. Because of this, market analysts say that Injective will reach a value of $18.50 soon.
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The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorg’s recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw their values diminish by more than 99%. Celebrity Meme Tokens Are Struggling Currently, 22 out of the 30 recently launched celebrity meme tokens have market capitalizations below $1 million. However, even with the huge losses, some of these tokens remain ‘active’ due to ongoing discussions on Twitter.
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On the morning of July 20, 2024, Ethereum is trading just above $3,500. The increase on the weekly chart is more than 11%, but there is no sharp jump in the trend against the background of the news about Cboe.
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U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car, in exchange for his political clout by a jury on Tuesday. The development saw the crypto community point out the irony of a crypto critic who once alleged that bitcoin (BTC) "is an ideal choice for criminals" getting convicted as a criminal. Menendez was also a co-sponsor of a bill titled "Accountability for Cryptocurrency in El Salvador (ACES) Act" which would have required the State Department to report on mitigating risks to the U.S. financial system from El Salvador's adoption of bitcoin as legal tender. Stacy Herbert, a member of The National Bitcoin Office (ONBTC) of El Salvador under President Nayib Bukele, wrote on X that while Senator Menendez was "hiding bars of ill-gotten gold... President Bukele was establishing the most transparent government in the world by posting El Salvador’s public bitcoin address for all the world to audit."
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Bitcoin slumped to the lowest since the end of February as Mt. Gox moved a sizeable amount of BTC to a new wallet, potentially preparing for creditor payments. BTC fell to as low as $53,6000 but has subsequently rebounded to just over $55,000, a drop of 4.75% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), slid around 6.85%. Impending Mt. Gox repayments include 140,000 BTC ($7.3 billion). There have been concerns that creditors will sell their coins immediately on receipt, creating mass selling pressure in the market.
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On April 20, the mining speed decreased by half, which also affected the rewards of miners. Now, instead of 6.25 BTC, they receive only 3.125 BTC for the mined block. The reduction in mining speed by half has led to the fact that older models of computing equipment have become ineffective. Their use has ceased, leading to a general decline in mining activity.
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The Bitwise CIO explained that he expects investors to allocate funds to spot Bitcoin and Ethereum ETFs in proportion to their market caps, which are currently $1.26 trillion and $432 billion, respectively. This suggests a weighting of around 74% for Bitcoin ETFs and 26% for Ethereum ETFs. Hougan furthered that US spot Bitcoin ETF’s assets under management (AUM) should increase to at least $100 billion by the end of 2025 as these products mature and gain approval on platforms like Morgan Stanley. Considering this, Hougan stated that Ethereum ETFs must attract $35 billion in 18 months to reach parity. However, when Grayscale Ethereum Trust’s $10 billion AUM is removed, the figure drops to $25 billion.
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Les Greys
@les
The pfp cropping is weird. The different views between upload, preview, submit, click-on-profile. You Merkle devs are weirdos. Still love yah dough.
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SEC chair Gary Gensler reaffirmed previous criticisms of the crypto industry, stating that the sector is highly centralized with “significant non-compliance” in a Bloomberg interview on June 25. He downplayed decentralization in the sector, stating that a few platforms are “centralizing and commingling things that we would never allow anywhere else.” Gensler listed specific violations such as trading against customers, trading in front, and taking investments in a contract before listing. He noted that many “leading lights” of the crypto sector are in jail or awaiting jail, adding: “I say this and you giggle…but this is a serious thing … not ticky tacky … It’s about real protections for investors.” Gensler said non-compliance extends beyond securities laws to the Bank Secrecy Act, the Commodity Exchange Act, and anti-money laundering laws.
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Herbyhymasgtlvp
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“The best wealth is indifference to what others have.”
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