137999
Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔥 Rally Report 🔥
FLOKI
The price of FLOKI has rallied by 107% in the past 24 hours.
WHY?!
📈 Part of a broader rally seen among meme coins today.
☄️ The rally is also fuelled by the FLOKI DAO successfully passing a vote to burn 190,918,585,431.84 FLOKI tokens (worth $24 million). Additionally, Floki announced that it crossed $400M in TVL across two of its key ecosystem products.
If you want to buy or trade FLOKI, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
AXELAR
The price of AXL has rallied by 59% in the past 24 hours.
WHY?!
▶️ Crypto exchange Binance announced earlier today that AXL will be listed with the seed tag for spot trading on the platform at 11:30 UTC today.
☄️ Payments firm Ripple also announced that it was partnering with the Axelar Foundation to add interoperability to the XRP Ledger (XRPL) blockchain. Notably, the partnership which focuses on the tokenization of real-world assets, will enable developers to use Axelar’s General Message Passing (GMP) to execute calls on smart contracts residing on over 55 blockchains.
If you want to buy or trade AXL, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Everyone knows that crypto is BANNED in China.
But did you know it’s still Binance’s biggest market?
Today we’re investigating China’s notorious ‘ban’ on crypto, and much more as we break down a new market report covering five countries in East Asia.
Tired of getting rekt in your sleep during those wild ‘Asia Hours’ you keep hearing about?
You know what that means: this is a video you can’t afford to miss!
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 21% in the past 24 hours.
WHY?!
📣 Pavel Durov, the founder of Telegram, announced that the messaging platform will start distributing 50% of any revenue that Telegram makes from displaying ads in Channels to Channel owners.
💰 Notably, Durov also stated that these rewards will exclusively be paid as $TON via the network.
If you want to buy or trade TON, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
ARWEAVE
The price of AR has rallied by 41% in the past 24 hours.
WHY?!
🎙 The rally follows the release of the public testnet for Arweave AO, a scalable blockchain network built on Arweave’s data storage platform. The team states that the difference between Arweave AO and other high-performance blockchains like Aptos and Sui is that it could support storing large amounts of data, including AI models.
☄️ Arweave plans to have multiple audits for Arweave AO before launching the mainnet in 2024.
If you want to buy or trade AR, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
There’s a new kid on the block!
ERC-404, an all-new token standard, aims to combine the non-fungible aspects of NFTs with the fungibility of ERC-20 tokens - a fungible NFT, if you will.
This new standard has only been with us for less than a month. Despite this, it’s already managed to carve its way into the market, quickly becoming one of crypto’s biggest talking points.
However, not all of this talk is positive. ERC-404 is not only a hot topic for its potential, but also for its controversy.
That’s why today, we take a look at ERC-404, how it came to be, why it has divided investor opinions, and how this could disrupt the entire NFT ecosystem.
This is a video you cannot miss!
🔥 Rally Report 🔥
STACKS
The price of STX has rallied by 27% in the past 24 hours.
WHY?!
📈 Part of a broader rally following BTC’s price surging above the $56,000 mark.
☄️ BTC’s rally seems to have especially resulted in some bullishness trickling down to BTC ecosystem projects, including STX.
If you want to buy or trade STX, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Happy Monday everyone! In this week’s crypto review, we’ve got a lot of alpha for you. We bet you’re wondering why BTC is stuck at 52k, and when ETH will finally rally – we’ve got you covered.
We also bet that you missed the most important headline from last week, and that’s Circle moving away from Tron. This could have profound implications for the crypto market that we unpack in detail.
And of course, we take a look at all the AI insanity in the stock market, and give you our analysis of where last week’s top performing cryptos are headed next. Spoiler: they’re all AI related.
Enjoy!
🔥 Rally Report 🔥
FLARE
The price of FLR has rallied by 18% in the past 24 hours.
WHY?!
💰 The rally comes after Flare successfully raised $35 million in a private round.
‼️ Additionally, early investors in the project have voluntarily agreed to extend token distribution from 2024 to the first quarter of 2026. A selling limit of 0.5% of daily trade volume has also been imposed to reduce market sell pressure.
If you want to buy or trade FLR, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
The numbers don’t lie: South Korea is crazy for crypto.
Last November, the Korean won overtook the US dollar as the world currency most traded for bitcoin.
But how can a country the size of Oregon have such an outsized influence on the global crypto market? Do they know something the rest of us don’t? And what on earth are they feeding the degens over there?
We wanted answers, so we investigated Korea’s crypto market — and what we found was fascinating.
If you want to find the next gem before it rips 100x in South Korea, this is a video you can’t afford to miss!
🔥 Rally Report 🔥
WORLDCOIN
The price of WLD has rallied by 16% in the past 24 hours.
WHY?!
🤫 The rally comes after Tools for Humanity's head of product, engineering & design, Tiago Sada, hinted at incoming “major announcements” for the project during an interview with The Block.
📈 Additionally, WLD’s recent price rise has been influenced by the bullishness surrounding the AI crypto narrative.
If you want to buy or trade WLD, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Cardano founder Charles Hoskinson is famous for his YouTube videos, most of which consist of insightful rants about Cardano and the crypto industry as a whole.
Recently, Charles pushed a video about a very important topic, and that’s the slow takeover of the crypto industry by TradFi. The approval of the spot Bitcoin ETFs has put this topic in the spotlight.
That’s why today we unpack exactly what Charles said, explain what it means, and how crypto could fight back. If you care about crypto, this is a video you need to watch until the end!
🔥 Rally Report 🔥
UNISWAP
The price of UNI has rallied by 73% in the past 24 hours.
WHY?!
📈 The rally comes after Uniswap Foundation's governance lead Erin Koen submitted a proposal to overhaul the protocol's governance system.
‼️ Notably, the proposal seeks to reward UNI token holders who have “staked and delegated their tokens.”
If you want to buy or trade UNI, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (23/02/24)
1️⃣ FTX To Add Over $1B To Cash Stack After Court Approves Anthropic Sale ☄️
Delaware Bankruptcy Court Judge John Dorsey has reportedly granted bankrupt crypto exchange FTX, the approval to sell over $1 billion worth of its shares in artificial intelligence startup Anthropic.
Notably, the approval comes after FTX made concessions with some customers who objected to the sale. The customers had earlier claimed the Anthropic shares didn’t belong to FTX since it was purchased with misappropriated customer funds. However, they agreed to the sale after FTX agreed to repay users with the funds from selling its Anthropic stake.
Source
2️⃣ Reddit Discloses Bitcoin and Ether Holdings in IPO Filing 💸
The San Francisco-based social media giant Reddit has reportedly invested part of its excess cash in Bitcoin (BTC) and Ether (ETH). Notably, the revelation was part of the company’s filing with the U.S. Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.” Additionally, Reddit also stated that it acquired ether and Polygon (MATIC) "as a form of payment for sales of certain virtual goods.” This makes the firm one of the few companies that directly purchased digital assets alongside the likes of Michael Saylor's MicroStrategy and Elon Musk's Tesla.
Source
3️⃣ Andreessen Invests $100 Million in Crypto Startup EigenLayer 💰
According to a Bloomberg report, venture firm Andreessen Horowitz has invested $100 million in crypto startup Eigen Labs. Notably, Eigen Labs is the developer behind EigenLayer – the crypto restaking protocol atop Ethereum.
Explaining the project, EigenLayer founder Sreeram Kannan stated,
The idea is that when you stake on Ethereum, you are promising that you’re going to run the Ethereum network nodes correctly. With restaking, you are taking the same Ether and making additional promises that you will also validate other networks correctly.
We're mitigating risks linked to large sums of money with an EU-wide limit of 10,000 euros for cash payments. At the same time, we're addressing risks posed by crypto and the anonymity it enables […] Really important that we will now have a single set of rules applicable to the private sector across the single market so no matter where companies are located across the union, they will be subject to the same rules.
🔔 MARKET MOVING NEWS! (01/03/24)
1️⃣ StarkWare Unveils New 'Stwo' Cryptographic Prover That's 'Blazingly Fast' 💥
StarkWare, the developer firm behind layer-2 network Starknet, has announced the launch of Stwo - an open-sourced cryptographic prover based on zero-knowledge (ZK) technology that aims to increase proving latency and reduce transaction fees for end users. Notably, the news comes just a week after StarkWare and Polygon announced Circle STARKS.
Oren Katz, the COO of StarkWare, stated,
It’s especially exciting that just a week after the new Circle STARK protocol was announced as a theoretical breakthrough, this protocol is already springing to life with the development of this blazingly fast prover.
Binance have been ping ponging me between CS agents who basically shifted the blame over and over again to only Google account being hacked, although my Google was protected with Yubikey and I have 0 unrecognized ‘recent activity’ on it either except of my own IPs. (sic)
🔔 MARKET MOVING NEWS! (29/02/24)
1️⃣ Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration ⚡️
Asset managers Ark Invest and 21Shares are reportedly integrating Chainlink’s Proof of Reserve platform to verify holdings data for their ARK 21Shares Bitcoin ETF (ARKB). Notably, the move follows fellow spot bitcoin ETF issuer Bitwise’s decision to disclose its digital wallet address showing the holdings for its Bitwise Bitcoin ETF (BITB) in January. Industry experts have lauded the asset providers for their transparency. Ark/21Shares will now be the second issuer to bring holdings data on-chain.
Source
2️⃣ Coinbase Users Report Zero Balance Bug As Bitcoin Price Taps $64K 🔽
During Bitcoin’s price rally between 5:00 and 6:00 pm UTC on Feb. 28, several users of the crypto exchange Coinbase reported seeing a zero-balance bug affect their accounts. Notably, this led to disruptions in trades for these users. However, Coinbase reported that the funds were safe and the accounts were restored to normal shortly after. Coinbase CEO Brian Armstrong explained the snafu stating that the exchange had modelled a 10 times surge in traffic but that Wednesday’s demand exceeded that number.
Source
3️⃣ El Salvador’s Bitcoin Bet Is Up 40% But President Bukele Says He Isn’t Selling 📈
According to a recent tweet by El Salvador President Nayib Bukele, the country’s Bitcoin holdings are up 40% in profit. Notably, the tweet came as a rebuke to doubters who had criticised his country’s embrace of BTC. He also revealed that the country's main source of additional bitcoin was its citizenship program which offers expedited citizenship to those who make a BTC "donation" to the government. He ended the tweet by declaring that El Salvador won’t sell its BTC holdings.
Source
4️⃣ Nigerian Central Bank Head Criticises Binance, Execs Reportedly Arrested 🧐
According to local media reports, Nigeria’s central bank governor Olayemi Cardoso has stated that over $26 billion worth of untraceable funds have flowed through Binance Nigeria in 2023. The crypto exchange is reportedly under scrutiny by the country’s Securities and Exchange Commission and other government agencies. There are also reports that the office of the National Security Adviser has detained and confiscated the passports of two Binance executives in the capital Abuja. They are citizens of the United States and the United Kingdom.
Source
5️⃣ Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers ☄️
Following a settlement with the New York Department of Financial Services (NYDFS), crypto exchange Gemini has “committed” to returning at least $1.1 billion to customers of the Gemini Earn Program through the Genesis bankruptcy proceeding. Gemini also agreed to give $40 million for Genesis’ bankruptcy proceedings and to pay a $37 million penalty to NYDFS for multiple compliance failures “that threatened the safety and soundness of the company.”
Source
6️⃣ Mad Lads’ Backpack Exchange Closes $17 Million Series A Led by Placeholder VC 💰
Solana-based crypto exchange Backpack has reportedly raised $17 million in a strategic Series A funding round at a combined valuation of $120 million. The round was led by Placeholder VC and saw participation from other strategic investors, including Hashed, Robot Ventures, Amber Group, Wintermute, Jump Crypto, Selini Capital, and Delphi Digital.
Armani Ferrante, the founder and CEO of Backpack Exchange stated,
The history of finance is littered with scandals, but Backpack is doing things differently. Over the past year, we’ve set the foundation to build a crypto-native financial institution, and with the conclusion of this round, with trust minimization and compliance as foundational principles, we begin a new chapter for ourselves and, hopefully, for the rest of the industry.
🔔 MARKET MOVING NEWS! (28/02/24)
1️⃣ Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse 🔍
According to recent court filings, former FTX CEO Sam Bankman-Fried (SBF) has asked the court for a “just” sentence of 63 to 78 months for his conviction on fraud and conspiracy charges. The request comes in response to the Presentence Investigation Report's recommendation of a 100-year prison term. Bankman-Fried's attorneys objected to the recommendation, calling it "grotesque."
The filing signed by SBF’s new attorneys Marc Mukasey and Torrey Young, states,
Sam is a 31-year-old, first-time, non-violent offender, who was joined in the conduct at issue by at least four other culpable individuals, in a matter where victims are poised to recover—were always poised to recover—a hundred cents on the dollar.
Africa presents immense opportunities for financial innovation and economic freedom. Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth.
Historically, these assets have been unrecoverable, in part because our employees and support channels don’t have access to the private keys needed to reverse these transactions. […] We’re continuously investigating and expanding the scope of this feature to support additional assets and networks. Due to the technical complexities surrounding the recovery of unsupported assets, we can’t guarantee that any particular asset will be eligible in the future.
🔔 MARKET MOVING NEWS! (27/02/24)
1️⃣ Blast TVL Crosses $2B As It Targets Mainnet Launch On Feb. 29 🚀
According to data from DefiLlama, the total value locked (TVL) in the Ethereum layer-2 network Blast has crossed $2.1 billion. Notably, the rise in TVL comes just days ahead of its newly announced mainnet launch which is scheduled for Feb 29th. Moreover, the vast majority of the project’s TVL is suspected to come from hopeful airdrop hunters.
Source
2️⃣ Circle Joins Overdare to Add IP Trading, USDC Payouts to Metaverse Gaming Platform 🤝
Overdare, a metaverse gaming project backed by PUBG developer Krafton Inc. and South Korean 3D avatar company Naver Z, has reportedly partnered with stablecoin issuer Circle to make in-game Web3 wallets and USDC revenue payouts available on the platform. Overdare is slated to launch in the second half of this year.
Source
3️⃣ Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth 💸
MicroStrategy, the largest corporate holder of Bitcoin, has reportedly purchased an additional 3,000 BTC for $155 million. Notably, this brings the company's total holdings up to 193,000 coins, worth roughly $10.9B at the current price of $56K per BTC. Saylor revealed that the firm acquired the new tokens at an average price of $51,813 each. This brings the average price of each BTC the firm owns to $31,544.
Source
4️⃣ Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk 🥶
According to a Medium post by Tornado Cash community member Gas404, user deposits on the token mixer are at risk due to the insertion of malicious code in the protocol's back end. Specifically, the post explains that a malicious javascript code was hidden from a two-month-old governance proposal submitted by an alleged Tornado Cash developer on Jan. 1. The code supposedly redirects deposit data to a public server hosted by the alleged developer. The post also details that one deposit has been stolen out of this batch seen on etherscan.
Source
5️⃣ Deadline Looms For Hong Kong Crypto Exchanges To Apply For Licensing ‼️
Crypto exchanges in Hong Kong reportedly have only a couple of days (Feb. 29) left to apply for a virtual asset trading platform (VATP) license issued by the city’s Securities and Futures Commission (SFC). Notably, businesses that fail to do so will be forced to liquidate their company and exit the region within three months. As of Feb. 26, 18 crypto exchanges have applied for registration with the SFC, including OKX, Bybit, Crypto.com and Binance-linked HKVAX. Currently, the only exchanges that have received their Hong Kong VATP licenses are OSL and HashKey.
Source
6️⃣ HTX Withdraws Hong Kong Crypto Exchange Application 🤔
According to a notice on the Securities and Futures Commission (SFC) website, the Hong Kong-based subsidiary of HTX has withdrawn its application for a virtual asset trading license in the city. The SFC’s website shows that the application was withdrawn three days after it was submitted. However, it remains unclear why the application was withdrawn.
Source
🔔 MARKET MOVING NEWS! (26/02/24)
1️⃣ Privacy-Focused Aleo Users Concerned After KYC Documents Leak 😐
According to reports, zero-knowledge (ZK) cryptography-focused blockchain platform Aleo has mistakenly emailed some of its users’ Know Your Customer (KYC) documents to other users. Notably, Aleo has been using a third-party protocol ‘HackerOne’ for the KYC process.
Mike Sarvodaya, founder of layer-1 blockchain infrastructure Galactica stated,
It’s ironic that a protocol for programmable privacy uses a third party to collect users’ unencrypted KYC data after that leaks to the public. Apparently, when your ZK stack is so advanced, you might just forget how to practice basic opsec.
Obviously trying not to be victim blaming here but you gotta be very special to think MicroStrategy is launching an ETH token after Saylor has spent multiple years very famously saying ‘there is no second best’ and ‘you only use one chair’ etc.
The UK has a high level of participation and is a very well-educated and active market. What we liked about the opportunity in the UK, when it comes to crypto, is that it’s becoming more aligned with the markets where we’ve traditionally operated. The regulatory bar has been set slightly higher.
🔔 MARKET MOVING NEWS! (25/02/24)
1️⃣ ZachXBT Recovers Majority Of $177K Stolen NFT Proceeds After 9-Month Probe ⚡️
Pseudonymous on-chain investigator ZachXBT has reportedly helped a phishing victim recover most of the funds from the sale of their stolen rare DeGods NFT. The investigation reportedly took nine months to complete. Along with the recovery announcement, ZachXBT disclosed his plan to conclude his pro bono blockchain investigation work shortly. The move reportedly comes after the investigator became frustrated with certain followers showing frustration that he did not assist them in recovering their stolen crypto as well, despite him reiterating that he provides this service free of charge.
Source
2️⃣ EIA To Temporarily Suspend Bitcoin Miner Survey After Lawsuit -Court Document ‼️
Following a lawsuit filed by prominent miner Riot Blockchain, the U.S. Department of Energy (DOE) has agreed to temporarily suspend its mandatory survey of cryptocurrency miner energy use. The DOE's statistical arm, the Energy Information Administration, will sequester the data received after it began collecting details from bitcoin miners early this month.
Source
3️⃣ FTX Settles Dispute, Sells European Arm For $33M ☄️
Bankrupt crypto exchange FTX has reportedly agreed to sell FTX Europe back to its founders for $32.7 million. Its European division was named ‘Digital Assets AG’ before its acquisition for $323 million in 2021.
Notably, FTX had initially attempted to recover the funds spent on the acquisition by filing a lawsuit claiming that the purchase was financed with customer funds. The startup founders, Patrick Gruhn and Robin Matzke, denied the allegations and counter-attacked, asking for $256.6 million from FTX. However, it appears that the dispute was finally resolved on Feb. 21.
Source
🔔 MARKET MOVING NEWS! (24/02/24)
1️⃣ Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators 🔍
According to a recently released batch of emails posted by Bitcoin code’s earliest collaborator Martii 'Sirius' Malmi, Bitcoin creator Satoshi Nakamoto warned that the cryptocurrency could become an energy guzzler.
Satoshi stated,
If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource-intensive conventional banking activity it would replace. The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick-and-mortar buildings, skyscrapers, and junk mail credit card offers […] Ironic if we end up having to choose between economic liberty and conservation.
The gradual unlock will continue at a pace of 0.64% (64 million tokens) monthly until March 15, 2025, after which it will change to 1.27% (127 million tokens) monthly for the next 24 months until March 15, 2027. Under the new unlock plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024, as opposed to 2 billion of those tokens under the previous schedule. 1.4 billion additional tokens will be gradually unlocked by the end of 2025, another 1.5 billion will be unlocked by the end of 2026 and 380 million will be unlocked by March 15, 2027.
🔥 Rally Report 🔥
SIACOIN
The price of SC has rallied by 14% in the past 24 hours.
WHY?!
📈 The rally seems to come from general bullishness surrounding decentralised storage coins.
🔍 There also doesn’t appear to be any fundamental reason behind SC’s price action. Instead, it appears to be led by speculative trading activity on the South Korean crypto markets. Notably, over 77% of SC’s total trading volume today on centralised exchanges comes from the South Korean crypto exchange Upbit.
If you want to buy or trade SC, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Did you know that Near Protocol has seen more real world adoption than any other crypto? It has over 30 million monthly active users, and that’s only on its top two dApps!
This promising crypto project has been flying under the radar for a while, which is why we figured it was about time to bring everyone up to speed about what it’s been up to.
As it turns out, Near Protocol has accomplished a lot over the last year, and if it can position itself appropriately, this year will be even bigger.
This is a video you do not want to miss!