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29 Mar 2023 16:53

🔵 Ethereum’s supply is down 70,000 ETH since the Merge update.

👉🏻 Are you bullish on ETH? 🤔

YES - 👍
NO - 👎

🤝 @Cryptocurrency_Inside ✅

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29 Mar 2023 08:15

🇭🇰 Hong Kong to facilitate banking and financing for 💰Bitcoin  and crypto firms in attempt to become a global hub - Bloomberg

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28 Mar 2023 20:46

📆 Global crypto headlines of the day:

🛑 In just a few weeks after receiving a "red notice" from Interpol, Terraform Labs co-founder Do Kwon set up a company in Serbia for less than $1.

🛑MetaMask launched the ZK-rollup-enabled Linea test network.

🛑An exchange withdrawal of $850 million occurred just hours before the CFTC filed charges against Binance.

🛑Mike Novogratz, CEO of Galaxy Digital, reported a $1 billion loss in 2022.

🛑The OKX exchange has applied for a license to operate in Hong Kong amid local government efforts to create a crypto hub.

🛑Samantha Bankman-Fried has been accused of giving a Chinese Communist Party member a $40 million bribe.

🤝 @Cryptocurrency_Inside ✅

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28 Mar 2023 18:36

🥇 Bitcoin  about to close UP for 3 months in a row.

This has signalled the start of a new BULL MARKET 3 times so far.

You think it will signal the start of another bull run?

Yes - 👍
No - 👎

🤝 @Cryptocurrency_Inside ✅

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28 Mar 2023 16:16

💸 How to make money on Testnet?
⠀
Today we will deal with testnets and find out what kind of activity they are and why they are needed!

➡️ Participation in various testnets is a very interesting activity, which crypto-projects conduct and sometimes reward their participants.

Testnet is an opportunity to earn money for users who test the functionality of a blockchain network. This is done in order to report problems early on and solve them as soon as possible, for it concerns digital security and money.

↪️ How are testnets set up?
- Crypto-projects that have not yet gone public invite users to try their functionality.
- Users are rewarded with NFTs, project tokens, or discounts.
- Rewards can be announced in advance or after testing.
- Often the rewards depend on the contribution of the participant - the biggest rewards go to those who found significant bugs or bugs.

The most common reward in the testnet is the project's own tokens. It happens that after they are released to the public, their price increases, and the owner has a nice sum in his account.

➡️ Yes, not every testnet is lucky, of course, but, given that their passage usually takes a couple of minutes, it is a good opportunity to earn without risk and investment. It is worth carefully selecting a good project and only after a thorough analysis give it your time, because the passage testnet does not give a 100% guarantee of getting a drop from the project.

❔ Have you ever participated in Testnets? If yes, then write your results in the comments 🔽

👍 - Yes
👎 - No

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28 Mar 2023 08:26

🟠 CFTC seeks injunctions that could effectively bar Binance and its executives from continuing to do business in the US.

👉🏻 Binance's CEO called the CFTC lawsuit an "incomplete statement of fact." CZ says he doesn't agree with allegations❗️

🤝 @Cryptocurrency_Inside ✅

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27 Mar 2023 19:47

We found all of CZ accounts on Binance.

Here is the kyc leaked images 😂🤣.

🤝 @Cryptocurrency_Inside✅

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27 Mar 2023 15:11

Microstrategy: Acquired 6,455 💰 Bitcoins for Approximately $150.0 Million, at an Average Price of $23,238 Per Bitcoin

▪️MicroStrategy said it now holds 138,955 BTC acquired for approxiamtely $4.14 billion at an average price of $29,817.

▪️The pro-Bitcoin firm added that it prepaid the principal of $161 million on its loan from failed crypto-friendly bank Silvergate Bank.
According to the filing, the 34,619 BTC held as collateral for the loan has been released.

Source

🤝 @Cryptocurrency_Inside ✅

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27 Mar 2023 08:12

🌎 G-7 Nations Advocate for Stricter Cryptocurrency Regulations

The Group of Seven (G-7) nations have agreed to push for tighter cryptocurrency regulations in response to concerns over illicit activities such as money laundering and terrorist financing.

🔍 They plan to develop a comprehensive regulatory framework to increase transparency and accountability in the digital asset market while maintaining a balance between regulation and innovation.

The success of this initiative relies on the G-7's ability to create a secure environment for the cryptocurrency market without hindering its growth and innovation potential.

🤝 @Cryptocurrency_Inside ✅

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26 Mar 2023 16:32

🔤 Today's term is dApps. What are they and how do they work?
⠀
We continue to educate you about the world of cryptocurrency. And today we decided to take apart one of the most important concepts, which refers to a large number of crypto projects - dApps.

dApp = Decentralization + Application

➡️ If more deployed, then dApps are decentralized, autonomous applications and services built on the blockchain. They are computer applications based on blockchain technology together with smart contracts.

A smart contract is a computer algorithm designed to form, manage and provide information about the ownership of something. More often than not, it refers to the use of blockchain technology.

From an end-user perspective, dApps should not differ much from regular apps. The main difference is that all data is NOT stored centrally on a server.

The lack of centralization allows dApps to be completely independent, autonomous, and not controlled by a third party. These are the applications that are the basis for the massive adoption and rapid development of any blockchain ecosystem.

↪️ The main advantages are:
- Transparency;
- fault tolerance;
- Data immutability.

➡️ A good example of the difference between centralization and decentralization is CEX (centralized exchange) and DEX (decentralized exchange).
In CEX you keep your funds in an account with the exchange itself, so you are influenced by the exchange. It may at any time take your money or simply go bankrupt. But still, the functionality of such exchanges is dozens times better than on DEX. In turn, on DEX your funds are stored in your wallet. And the exchange can not take them away.

➡️ Examples of dApps:

- MakerDAO protocol for converting ETH cryptocurrency into stable DAI coins.
- OpenSea Marketplace for buying and selling NFT.

❔ Do you think dApps can overtake conventional apps in terms of number of users in the next 3 years? Or is that impossible?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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26 Mar 2023 12:39

⚡️The U.S. government is one of the biggest bitcoin whales

Since 2020, they have taken over 215,000 BTC, which is currently $5.65bn💰

🤝 @Cryptocurrency_Inside ✅

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25 Mar 2023 15:18

🚀 Launchpad, what are you? (instructions)
⠀
Every cryptan has obviously heard of it, but not everyone has interacted with it. In this post, we'll give you the basis for understanding how it works.

All of the "crypto-terms," we will write in the comments to this post.

➡️ Launchpad is a platform for conducting an IEO (Initial Exchange Offer of Tokens).
In simple terms: you will be able to buy a coin at the minimum price before listing it.

It all starts with the exchange/platform analyzing the project and determining if it's a good fit. If all is well, then Launchpad is announced, which describes in detail the features of the project and its tokenomics.

For example, take already passed Launchpad Binance with Space ID (ID). SPACE ID is one of the largest service providers for Web3 domain names.

↪️ Lauchpad passes in several stages:

1️⃣ Calculated BNB retention period:
• Don't forget to register as well as KYC as you will not be allowed.
• You need a $BNB minimum of $0.1 $BNB, which you will keep on your spot balance or in your staking. The more you have, the more token allocation you will get.
• From the beginning of the first phase, there are snapshots every day that record the number of $BNB in the account until the end of this phase. You should not withdraw or exchange your $BNB during this time if participating in the event.

2️⃣ Subscription start:
• Based on the "snapshots", you will see your maximum $BNB limit that you can lock in. Click "Lock BNB" and choose "Amount" -> "All", as the higher the amount, the higher the allocation. Funds are blocked until the end of the event.

3️⃣ Settlement period:
• Directly related to the second item and tells you until what date and time you need to block your $BNB.

4️⃣ Final allocation of tokens:
• This tells you the date and time when you will receive your allocation and $BNB will become available in the spot wallet.

You can check how many tokens you received on the spot wallet. Enter the ticker of the token, at the moment it is called - ID.

5️⃣ Moment of sale:
• Go to "Deal" on the mobile app or Trade -> Spot on the web version, where you enter the ID/USDT.
• Choose "Sell" and "Market Order/Market". Since it may not reach your "Limit Order". We have already selected ID/USDT and we choose 100%. We are waiting for sales to start.
• Time is the most important thing here. You need to be able to sell the token in the first few seconds. You can have your own tactics and strategy, but this one is the easiest.

➡️ In summary, I want to say that the Launchpad system is similar everywhere in its principle, so this knowledge will help you participate in any Launchpad-e regardless of the platform. Always analyze projects personally before entering them.

❓ We see your interest in how you can start making money from cryptocurrency. You are putting up a large number of reactions. Now we plan to start educating you on this.

Put 👍 if you are really ready to dive into crypto and try to make money from it. It's important to us.

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24 Mar 2023 20:17

📆 Global crypto headlines of the day:

🛑$500K worth of Arbitrum tokens were obtained via stolen wallets.

🛑El Salvador's president plans to introduce legislation in Congress to eliminate all taxes on technological advances.

🛑At the end of the second quarter of 2023, Nasdaq will launch a cryptocurrency custody service.

🛑Jim Cramer says Deutsche Bank is profitable and doing well.

🛑Today, Deutsche Bank shares fell over 12%.

🤝 @Cryptocurrency_Inside ✅

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24 Mar 2023 16:55

🆘BREAKING🇪🇺 EU Parliament puts €1,000 payment cap on self-hosted wallets back into final AML text

In the latest version of the bill, cash transactions would be capped at €7,000 for commercial payments, in contrast the €1,000 ($1,090) value cap for crypto transactions involving self-hosted wallets.

Source

🤝 @Cryptocurrency_Inside ✅

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24 Mar 2023 13:38

🟠 Binance temporarily suspends Spot Trading.

Binance has announced that all spot trading is currently temporarily suspended due to an issue impacting spot trading on Binance.

The exchange team works to resolve this as soon as possible.

👉🏻 Stay calm and avoid FUD - we'll keep you informed on the situation❗️

🤝 @Cryptocurrency_Inside ✅

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29 Mar 2023 15:56

😱 Studying the Index of Fear and Greed
⠀
The behavior of cryptocurrencies depends on many factors, including investor sentiment, which the Fear and Greed Index helps measure.

➡️ The Fear and Greed Index is a tool that helps analyze the potential of market behavior based on the sentiments of market participants.

Fear and Greed Index is a scale from 0 to 100, where 0 is the maximum fear and 100 is the maximum greed. The 50 in the middle indicates a neutral market sentiment.

↪️ What does the index consist of?

• 25% - volatility
• 25% - momentum and market volume data
• 15% - mentions of cryptocurrency in social networks
• 10% - bitcoin dominance level
• 10% - results of Google Trends analysis
• 15% - results of surveys

➡️ Fear and Greed Index Scale:

0-24: strong fear
25-49: fear
50-74: greed
75-100: intense greed

❗️Actually, there is one "golden rule" - sell when greed is present in the market and buy when fear is present.

The index is updated every day and you can follow its performance here.

❔ Do you use the Intex of Fear and Greed when you invest?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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28 Mar 2023 21:04

🇪🇺 Crypto AML Rules passed by Members of the European Parliament.

The European Parliament’s anti-money laundering regulation hopes to close a regulatory gap, obliging DAOs, NFT and DeFi platforms to comply alongside traditional finance firms.

Policymakers placed payment caps on commercial transactions from self-hosted wallets.

🤝 @Cryptocurrency_Inside ✅

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28 Mar 2023 19:34

Crypto = scam? How long before this bubble bursts? 😎
⠀
In 2009, humanity saw bitcoin and embraced it with an open mind. After several years, investors, traders and programmers themselves recognized the uniqueness of the currency, so the rate is currently around $27,000.

➖ So, in order to explain the popularity, we took the main advantages that can be highlighted compared to fiat.

1⃣ Decentralization
Crypto is not controlled by banks or governments, which means it is not subject to political decisions or manipulation.

2⃣ Anonymity
Transactions contain no personal information. All transactions go through the blockchain and smart contract.

3⃣ Quickness
Cryptocurrencies allow for fast and efficient transactions, with no additional intermediaries or checks required.

4⃣ Low fees
In most cases, cryptocurrency transfer fees are much lower than traditional payment systems. For example, to transfer $1 million using cryptocurrency, you will spend ~$10 on fees. In classic payment systems, the commissions are much higher.

5⃣ Investment potential
Some cryptocurrencies, such as Bitcoin, have limited issuance, which can cause their value to rise over time. He has already made thousands of X's since the beginning of his history.

In a world that is constantly changing and interest in crypto is only growing, you need to constantly evolve by mastering new technologies and knowledge. You can learn all this with us!

❔ What do you think needs to happen in the market for the cryptocurrency to scam?

Write your options in the comments ⬇️

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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28 Mar 2023 17:52

🔵 Ethereum schedules Shapella network upgrade activation for 22:27:35 UTC on Apr. 12, 2023.

Source

🤝 @Cryptocurrency_Inside ✅

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28 Mar 2023 16:05

🆘BREAKING🇫🇷 5 MAJOR BANKS RAIDED over $100 BILLION fraud in France.

Banks Raided:
- HSBC
- Societe Generale
- BNP Paribas
- Exane
- Natixis

The PNF financial prosecution office said in a statement the probe was linked to so-called "cum-ex" dividend stripping, a trading scheme whereby banks and investors swiftly trade shares of companies around their dividend payout day.

The practice aims to blur stock ownership and allow multiple parties to illegally claim tax rebates on dividends.

Source

🤝 @Cryptocurrency_Inside ✅

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27 Mar 2023 20:01

📆 Global crypto headlines of the day:

🛑 In April of this year, Alibaba Cloud will be launching a blockchain lab in Shibuya, Japan.

🛑 Chinese banks have begun offering their services to local cryptocurrency companies.

🛑 The EU's regulations regarding smart contracts have been included in the draft data act.

🛑 TON has partnered with True USD, allowing users to transfer TUSD to the TON blockchain.

🛑 Decentralized exchange DYDX will be moving from StarkEx to a Cosmos-based blockchain.

🛑 Verichains have discovered a vulnerability that affects the majority of multi-signature wallets.

🤝 @Cryptocurrency_Inside ✅

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27 Mar 2023 18:01

👮 The CFTC has filed a lawsuit against Binance in federal court in Chicago, alleging that the company failed to fulfill its obligations by not properly registering with the Commission.

According to scanned copies of the lawsuit circulating online, Binance executives traded on their own exchange, despite it being in contradiction with the law.

🗣Meanwhile, Changpeng Zhao attempted to distance himself publicly from Binance US, although he did not deny his involvement with the platform in private messages.

At the same time, Changpeng Zhao is urging crypto enthusiasts not to panic. He reminds everyone of Rule 4 — ignore FUD.

🤝@Cryptocurrency_Inside ✅

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27 Mar 2023 12:54

📣 1 year ago silicon valley bank was worth $40 billion dollars today it was just sold for $500 million dollars

📉 Thats a 99% drop in value.

🤝 @Cryptocurrency_Inside ✅

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26 Mar 2023 20:57

📆 Global crypto headlines of the weekend:

🛑Do Kwon has appealed the Montenegrin court's decision to keep him detained for 30 days.

🛑The Avalanche C Chain network has once again experienced a suspension for over an hour.

🛑The US is investigating Credit Suisse and UBS banks for allegedly assisting Russian oligarchs in circumventing sanctions.

🛑The Federal Reserve has rejected Custodia Bank's membership application, citing its involvement in the crypto sector.

🤝 @Cryptocurrency_Inside ✅

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26 Mar 2023 16:28

❗️President Biden's 2024 budget request calls for $4.7 trillion in tax increases.

🤝 @Cryptocurrency_Inside ✅

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25 Mar 2023 18:49

😮 The hacker gave back most of the assets to Euler Finance.

Based on information from audit firm BlockSec, the perpetrator initially returned 51,000 ETH, leaving only a small portion of assets in the account.

🔍 Subsequently, he sent an extra 7,737 ETH to Euler Finance's account via an intermediary.

The Euler token responded with a significant price surge of nearly 50%: in under an hour, it climbed from $2.73 to $4.51.

🤝 @Cryptocurrency_Inside ✅

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25 Mar 2023 13:41

😨 The Owner of this CryptoPunk accidentally sent it to the burn address it after purchasing for $123,434 while trying to wrap it for borrowing purposes.

👉🏻 How’s your weekend going? 🔥

🤝 @Cryptocurrency_Inside ✅

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24 Mar 2023 18:09

🟡 Do Kwon leaving Court in Montenegro in handcuffs.

🤝 @Cryptocurrency_Inside ✅

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24 Mar 2023 16:14

AirDrop: what, how and why? 🎁
⠀
Some of the "cryptans" haven't yet moved away from the fomo on Blur's drop, and then Arbitrum showed how you could make "Life Change Money" in quite simple actions. But not all of our readers fully understand what airdrop is and how you can make money with it. Let's understand it in more detail!

Drop or AirDrop - is giving out tokens for users who made some actions for the development of the project in the past.

➡️ The main purpose of an ardrop: to create a buzz around the project and attract new users (marketing ploy).

To conduct the drop, projects allocate a certain percentage of the total number of issued tokens in advance. What percentage will be allocated is prescribed in the tokenomics, in the "Community" section.

➡️️ Airdrops can be divided into three types:

• "Fast" Airdrop. The project distributes tokens for minimal actions in a short period of time. For example, for filling out a form, voting for a token on the exchange, etc. It is quite easy to qualify for such giveaways. Because of that, there comes a huge number of people who want to get free tokens. And the amounts of such drops leave much to be desired.

• Drop for Holders (token holders). Rewards for people who held (or continue to hold) a particular crypto-asset. Projects take a "snapshot" of the balance at a predetermined time to determine which wallets get the drop.

• Retrodrop. The project rewards users who have taken a certain action in the past. For example:
- swaps (exchanging one coin for another);
- adding liquidity to the pool;
- performing various quests;
- buying/selling NFT, etc.

But unlike a "quick" drop, you will need some money to cover commissions for such activities.

➡️ The conditions for retrograde are often announced post-factum and you can only hope for the correctness of your actions. But because of all the complexities and surprises, retrodrops are the most profitable of all.

🟠In our new infographic you can see the most sensational retrodrops of the last couple of years.

P.S. All amounts taken are market averages. It all depends on how many activities were performed, for what volume and at what price the tokens were sold. The amounts are specified per 1 account.

❔ Have you ever participated in AirDrops? Did they profit from this?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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24 Mar 2023 08:57

💵 On March 23, the amount of the commission paid for issuing NFTs on the Bitcoin blockchain reached an all-time high. Experts warn of "clogging" the network.

🤝 @Cryptocurrency_Inside ✅