Crypto Focus 💰

06 May 2024 18:24

Crypto speak: WTB/WTS

These are a couple of very simple abbreviations.

🔸 WTB is “want to buy”
🔸 WTS is “want to say”

Given the uncontrollable desire of crypto enthusiasts to constantly buy and sell their positions, the appearance of such abbreviations in chats and Discord servers was simply bound to happen.

⏺Crypto_Whales🚀

Crypto Focus 💰

03 May 2024 16:04

📊 Bitcoin mining consumes more energy than some entire countries.

This issue is unavoidable, but we have to face it head-on: PoW blockchains—especially Bitcoin—consume enormous amounts of energy and may be harmful to the environment.

In 2021, Bitcoin used more electricity than in Kazakhstan and the Philippines.

Bitcoin’s energy consumption accounts for 0.5%–1% of the world’s total energy use.

Thankfully, few blockchain networks operate via a PoW consensus algorithm, meaning most networks use PoS, which we’ll tell you about in another post.

⏺Crypto_Whales🚀

Crypto Focus 💰

30 Apr 2024 18:08

📊Best NFT blockchains by number of users per year

Solana leads the way

Solana and Polygon have more than 1 million users

Ethereum, Bitcoin, Base are also in the top five

⏺Crypto_Whales🚀

Crypto Focus 💰

28 Apr 2024 01:34

📱The WhatsApp application is adding the feature of allowing files to be shared between users without the need for the Internet.

⬤ It will ask multiple connection owners to access networks and wireless networks as well.

⬤ Used experimentally like popular file apps like Zapya, ShareIt, etc.

⏺Crypto_News🚀

Crypto Focus 💰

24 Apr 2024 22:37

💰 The number of transactions in the $TON network has increased by more than 100% since mid-March.

TON approaches BNB Chain in terms of the number of transactions per day

⏺Crypto_News🚀

Crypto Focus 💰

22 Apr 2024 12:29

🎉 Welcome to a Post-Halving World 🎉

The much-anticipated fourth Bitcoin halving is now a part of history, and here's what it has brought us:

At block 840,000, the miner's reward was successfully halved from 6.25 to 3.125 BTC per block. This historic block was mined at 02:09 Central European Time, boasts a size of 2.33 megabytes, and contains approximately 3063 transactions.

The outcome?
The daily production of new Bitcoins is now halved to 450 BTC, and Bitcoin's inflation rate has dropped from 1.8% to just 0.85%.

🥇 In comparison, the stock of gold, Bitcoin's physical counterpart, grows by an estimated 1.6% annually, with a steady trend.

Bitcoin has thus reached a new milestone and is officially scarcer than gold.

After the halving, comes the anticipation of the next.

5️⃣ The forthcoming fifth halving is scheduled for the year 2028 at block 1,050,000, which will further reduce the block reward to 1.5625 BTC.

⏺Crypto_News🚀

Crypto Focus 💰

19 Apr 2024 22:52

Are there really anonymous cryptocurrencies?

In a previous post, we told you that most blockchains, such as Bitcoin and Ethereum, are “pseudonymous.”

However, there are also completely private projects that have made it impossible to track transfers.

Let’s take the example of the Zcash cryptocurrency, which has advanced cryptography and the highest level of confidentiality.

Zcash uses a cryptographic protocol called zk-SNARKs. With the help of this technology, users can make completely private transactions when the sender, recipient, and cost of transactions can be hidden on the blockchain.

At the same time, privacy on Zcash is optional; users can choose between “transparent” transactions (like Bitcoin) and “hidden” transactions, providing a balance between transparency and privacy.

The world of blockchains is diverse. Research shows that most users do not strive for 100% anonymity; however, the industry does offer solutions for true cypherpunks as well.😎

⏺Crypto_News🚀

Crypto Focus 💰

16 Apr 2024 15:01

⚡️ Over the last 7 days, the volume of NFT transactions on the BTC network has increased by >120%.

Other networks are also experiencing volume growth.

⏺Crypto_News🚀

Crypto Focus 💰

14 Apr 2024 19:29

Bitcoin mining consumes more energy than some entire countries.

This issue is unavoidable, but we have to face it head-on: PoW blockchains—especially Bitcoin—consume enormous amounts of energy and may be harmful to the environment.

In 2021, Bitcoin used more electricity than in Kazakhstan and the Philippines.

Bitcoin’s energy consumption accounts for 0.5%–1% of the world’s total energy use.

Thankfully, few blockchain networks operate via a PoW consensus algorithm, meaning most networks use PoS, which we’ll tell you about in another post.

⏺Crypto_News🚀

Crypto Focus 💰

09 Apr 2024 18:10

The US Attorney for the Southern District of New York, and the Acting Special Agent in Charge of the New York Field Office of Homeland Security Investigations, criminally charged KuCoin and two of its founders with bank secrecy act and unlicensed money transmission offenses, alleging they helped grow the exchange into one of the largest crypto exchanges globally. Furthermore, the founders affirmatively attempted to conceal the existence of KuCoin’s US customers.

⏺Crypto_News🚀

Crypto Focus 💰

05 Apr 2024 22:46

💰 Binance set to end Bitcoin NFT support despite recent surge in interest

Crypto exchange Binance is set to end support for Bitcoin NFTs less than a year after they were introduced to its marketplace. Binance said in a blog post on Thursday it would not support any further airdrops, benefits, or utilities associated with Bitcoin NFTs after April 10, citing “ongoing efforts to streamline product offerings” on its NFT marketplace.

Source

Crypto Focus 💰

03 Apr 2024 13:40

Bitcoin has surged to the 8th place by capitalization among assets, overtaking silver

To overtake gold in capitalization and become the TOP1 asset, the price of one bitcoin must reach ≈$750,000. When do you think this will happen?

Before 2030 - 🐳

Closer to 2050 - 🔥

⏺Crypto_News💻

Crypto Focus 💰

01 Apr 2024 21:12

Top 10 token unlocks in April

⏺Crypto_News💻

Crypto Focus 💰

30 Mar 2024 11:18

📈 Litecoin – $103 (↑8.99%)

The old man showed growth amid rumors of interest from institutions. Allegedly, the coin is as similar as possible to BTC and therefore a spot ETF for it may appear earlier than for Ethereum.

For now, this is all just talk, but if at least one decent investment company applies for an ETF, the price will noticeably accelerate.

Traders are already drawing charts with future growth from a modest $200 (↑90%) to an insane $10,000 (↑9,625%)

⏺Crypto_News🌐

Crypto Focus 💰

27 Mar 2024 22:57

💲The release of new USDT by Tether signals an increase in the inflow of fiat money into crypto, which helps support cryptocurrency prices, according to analysts at Marixport.

⏺Crypto_News🌐

Crypto Focus 💰

05 May 2024 15:46

#REVIEW BITCOIN WEEKLY

A few hours left until weekly candle close. Thus far this chart looks bullish as hell!

One big wick into the weekly support level with a precise bounce may be the start of the new mid-term pump!

⏺Crypto_News🚀

Crypto Focus 💰

01 May 2024 22:49

Crypto speak: Nuke

“Nuke” means a sudden and strong price correction in the markets. Since cryptocurrencies are very volatile, prices should fall by at least 10% (usually more in most cases) for it to make sense to talk about it in such terms.

⏺Crypto_Whales🚀

Crypto Focus 💰

29 Apr 2024 19:14

Crypto Speak: Addy

An “addy” in the context of cryptocurrencies is an abbreviation for “address.”

It refers to the address of a wallet on the blockchain used to send and receive cryptocurrencies, such as Bitcoin, Ether, and others.

In general, your wallet address can be abbreviated as addy

⏺Crypto_Whales🚀

Crypto Focus 💰

26 Apr 2024 21:19

💰Consensys Takes Legal Action Against SEC, Argues Ethereum ($ETH) Not a Security

The crypto industry's ongoing battle with the Securities and Exchange Commission escalated as Consensys, a key supporter of the Ethereum blockchain, lodged a lawsuit in a Texas federal court on Thursday. The filing aims to preempt a potential SEC lawsuit regarding aspects of its MetaMask wallet, while also seeking clarity on whether Ethereum's Ether token qualifies as a security, a significant legal ambiguity for the crypto sector.

⏺Crypto_News🌐

Crypto Focus 💰

23 Apr 2024 18:01

Just two days and 130 blocks after Bitcoin’s halving, miners have already earned 1,675 BTC, valued at $109 million. Impressively, 75% of this, equivalent to 1,262 BTC worth $82 million, came from transaction fees.

This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.

⏺Crypto_News🚀

Crypto Focus 💰

20 Apr 2024 22:53

Binance plans to reopen in India
Cryptocurrency exchange Binance plans to re-enter the Indian market after paying a $2 million fine and registering with the FIU as a service provider, The Economic Times reported.

The exchange has also obtained a full virtual asset service provider license in Dubai

⏺Crypto_News🚀

Crypto Focus 💰

18 Apr 2024 21:43

Crypto speak: Bitcoin maximalists

Bitcoin maximalists, or “maxis,” are people who believe that Bitcoin (BTC) is the only necessary cryptocurrency.

They view BTC as the truest form of digital currency that follows the original philosophy of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

Bitcoin maximalists often claim that the decentralization, finite supply, and security of Bitcoin make it the ultimate digital store of value — or, as many call it: “digital gold.”

They usually consider other cryptocurrencies, or “altcoins,” inferior or unnecessary, believing that Bitcoin will eventually lead in all blockchain use cases.

Do you think we need other coins besides Bitcoin?

⏺Crypto_News🌐

Crypto Focus 💰

15 Apr 2024 20:16

🌏 Arkham analysts have created a special dashboard that shows how much BTC each government holds - you can also view all transactions in real time.

- The US holds $15.27 billion worth of crypto assets, including BTC 212,847 and 45,654 ETH.
- The UK owns 61,245 BTC worth $4.34 billion.
- Germany holds 49,859 BTC worth $3.53 billion.
- El Salvador holds 5,718 BTC worth $405 million.

Most of the crypto assets, with the exception of El Salvador, the government got confiscated.

⏺Crypto_News💻

Crypto Focus 💰

12 Apr 2024 20:05

Wall Street giant Fidelity now holds 150K 💰 Bitcoin  worth over $10 billion.

It's just getting started 🚀

⏺CRYPTO_NEWS🌐

Crypto Focus 💰

07 Apr 2024 13:18

When was Bitcoin created, and who is Satoshi Nakamoto?

Bitcoin was created by a person (or a group of people) under the pseudonym Satoshi Nakamoto. Somehow, we still know very little about the father of Bitcoin.

In 2008, Satoshi released Bitcoin’s white paper, a document that describes and explains the principles and inner workings of a blockchain network and its native cryptocurrency. Finally, in 2009, Satoshi mined the genesis block, Bitcoin’s first-ever block.

Satoshi included a message in the inaugural block that perhaps expressed their feelings toward the global financial climate: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”

For the next two years, Satoshi would be an active participant in forming a crypto community, chatting with developers and exchanging opinions and ideas.

However, in 2011, Satoshi announced he would step away from the project and hasn’t been heard from since.

Myriad theories abound the internet on who really is behind the pseudonym, but none of them carry definitive evidence to corroborate any claims. The entity that is Satoshi Nakamoto could be a programming genius or an entire team of people.

Moreover, Satoshi owns around 5% of the total Bitcoin supply, which has been left untouched this entire time

⏺Crypto_News🚀

Crypto Focus 💰

04 Apr 2024 13:35

✨ Historical Snapshot: Median US House Prices in USD vs. 💰 Bitcoin ✨

From 664 to just 6 BTC for a median-priced home, Bitcoin has demonstrated an extraordinary increase in purchasing power within eight years!

Start Saving in 💰

⏺Crypto_News🌐

Crypto Focus 💰

02 Apr 2024 20:49

💰 Bitcoin Miners' Earnings Hit Record $2 Billion in March Ahead of Halving Event

In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month.

Source

⏺Crypto_News🌐

Crypto Focus 💰

31 Mar 2024 17:39

🔷Ethereum is more than just blockchain and cryptocurrency.

It is an example of an entirely new business model with initiatives that are aligned with consumer interests, this is the opinion about Ethereum expressed by investment giant Franklin Templeton, which manages more than $1.5 billion in assets.

⏺Crypto_News🌐

Crypto Focus 💰

28 Mar 2024 13:48

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Perhaps you have thought about placing ads on it?

To do this, follow three simple steps:

1) Sign up: https://telega.io/c/Crypto_Nft_Business
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If the topic of your post fits our channel, we will publish it with pleasure.

Crypto Focus 💰

27 Mar 2024 16:21

What is a retrodrop?

It’s been a popular trend these days, so let’s break it down.

A “retrodrop,” short for “retroactive airdrop,” is a retrospective distribution of tokens from the project to loyal users for their previous on-chain and off-chain activity.

More specifically:

Any early-stage crypto project is strongly interested in users who will create activity, give feedback, help test services, etc.

And sometimes, the project rewards early adopters for being active.

Usually, retros are not announced in advance (that’s why they are called retro), and you never know for sure whether the protocol will thank you for being active or not.

Sometimes, gratitude comes, sometimes it doesn’t. Sometimes, you will be rewarded with a very small, symbolic amount, and sometimes, these amounts are huge: In May, for example, the Arbitrum project distributed more than $1 billion of its tokens to 600,000+ wallets, with users earning an average of $1,500—with some getting $20,000–$30,000.

Not all retrodrops are so generous, but regardless, this form of “giving back to the community” has become popular recently.

⏺Crypto_News🚀