🕊 Twitter Enters Trading Scene with eToro Partnership
Starting Thursday, Twitter users can buy and sell stocks and other assets via eToro, thanks to an exclusive partnership.
💲This rare deal comes after Elon Musk's $44 billion acquisition of the platform last year, with Musk's ambition to transform Twitter into a "super app" combining financial services and social media.
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📆 Global crypto headlines of the day:
🛑Argentina's securities regulator has approved a Bitcoin-based futures index.
🛑The G7 will focus on helping developing countries launch CBDCs.
🛑A former JPMorgan employee was arrested in New York for promising clients huge profits from cryptocurrency trading.
🛑Cardano's native wallet Lace is now available to users in the mainnet.
🛑The brother of a former Coinbase product manager was sentenced for insider trading.
🛑OpenAI has launched a Bug Bounty Program for white hat hackers, with rewards ranging from $200 to $20,000 for discoveries.
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BREAKING‼️ 🇨🇳 Tik-Tok in China (Douyin) now shows the 🥇 Bitcoin price when searched. It has 600 MILLION users.
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⚡️Bitcoin is above $30k and Michael Saylor with his 140,000 BTC on MicroStrategy wallets is back in the black because the average purchase price is $29,803 🥇🚀
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🚀🥇 Bitcoin – $29,000.
👉🏻 Will Bitcoin hit $30k today?
YES - 👍
NO - 👎
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📆 Global crypto headlines of the weekend:
🛑Polygon has become the second-largest gaming network by active users, trailing only WAX.
🛑The finance minister of Hong Kong has announced that the government will adapt a new strategy for regulating and promoting Web3.
🛑Binance US is struggling to find banking partners, according to WSJ.
🛑The Bank of England is assembling a team of 30 people to develop Britcoin — the digital pound.
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🔵 According to Coinbase CEO Brian Armstrong, Coinbase will integrate Bitcoin Lightning Network.
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🍣 SushiSwap DEX (SUSHI) is hacked - at least $3.3M in assets stolen.
Decentralized exchange SushiSwap has fallen victim to an exploit, which led to the loss of more than $3.3M (about 1800 $ETH) from at least one user. The exploit involves an approve-related bug on the RouterProcessor2 contract — which PeckShield and SushiSwap Head Chef Jared Grey recommend revoking on all chains. So far, 190 Ethereum addresses and more than 2000 addresses on Layer 2 Arbitrum have seemingly approved the bad contract.
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How to search for new airdrops? 💵
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Today we decided to do a more professional post that not everyone can understand. But we tried to keep it as simple as possible. Learn, apply and make money!
➡️ A couple of weeks ago a medium-styled drophunter (a person who deals with airdrop) took about $3,000-4,000 from an Arbitrum drop. The story instantly went viral on the internet, and interest in the topic of airdrop has multiplied. The big question: how do you find new drops?
The first solution is to track the activities of drop hunters. These are people and teams who are constantly searching for new drops, participating in all sorts of activities and getting tokens for it.
Any crypto is based on a blockchain, and all transactions recorded in it can be tracked. Below are a few cryptocurrency wallets associated with drop hunters. You can use them to track the activities that the experienced guys are involved in.
➡️ Drophunters crypto wallets:
1️⃣0x6f9bb7e454f5b3eb2310343f0e99269dc2bb8a1d
2️⃣0x11B1785D9Ac81480c03210e89F1508c8c115888E
3️⃣0x70e7a6621f4cb3c3e073d0539899f49fc88424c0
4️⃣0x78Ebe56BC138069557C89af35EB29023fF31Ae2c
5️⃣0x000f4432a40560bbff1b581a8b7aded8dab80026
6️⃣0xd56EE5Ba5A52e15f309108BDd6247C69B4F624C2
What to do with all this? Track transactions and study the smart contracts the wallets interact with. Based on that, you can figure out what drops they are involved in.
An example of a tracking service is Etherscan and BscScan.
For example, if wallets connect to StarkNet and use certain swappers (swap tokens), that's a signal for action.
↪️ Another important indicator is the interaction with contracts without tokens. This is a harbinger of drop. If you find such activity, dig further and try to replicate the actions of the drop hunter's wallet.
Put 👍 if you would like to see more similar content - more professional.
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🔵 OpenSea has introduced new updates for improving the user experience of the platform:
▫️Wallet overhaul w/ streamlined wrapping/unwrapping ETH
▫️Live balance refreshes
▫️Collection offer modal updates
▫️Offers tab for collection offer depth
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Cyclicality in crypto 🍎
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Many of you know that everything around us is cyclical. This includes the financial markets. Regularities can be seen everywhere. There are certain patterns by which this can be understood. But there is a basic question: "Is there cyclicality in crypto?"
Cycles exist everywhere. They generally consist of phases. Behind every rise there is a fall.
Everyone knows about bull and bear cycles. But what they mean by that remains to be seen.
➡️ Market phases:
• Accumulation
The market moves in a sideways trend, creating a price corridor at the boundaries of which you should enter trades.
• Uptrend
Price creates higher highs and thus rises.
• Distribution
Again a sideways trend, but only on market hawks.
• Downtrend
The market creates newer lows, moving downward.
Being able to identify phases and cycles is a great weapon for a cryptan. The best time to buy is the accumulation phase, because the price is no longer falling and investors are still scared.
Can be used as a strategy*
❔ Put 👍 and write in comments, what phase are we in now?
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🇺🇸CBDC and "FedNow" payment system will lead to financial slavery and political tyranny - US presidential candidate Robert F. Kennedy Jr.
👉🏻 Do you agree with that?
YES - 👍
NO - 👎
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BREAKING‼️ Hong Kong’s biggest virtual bank, ZA, will provide fiat on-ramps and bank account services for the city’s 💰 Bitcoin and crypto sector - Bloomberg
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Earnings from Farming 👨🌾
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In this post, we're going to take a look at this type of investing called farming. You might not even have heard of it. Enjoy learning about it.
➡️ Farming is a type of crypto investment in which you put your coins into a liquidity pool. In return, you receive a reward in the form of interest or transaction fees.
A liquidity pool is a vault where a trader can quickly exchange one currency for another. In other words, it is a vault that holds two coins, such as CAKE and BNB, in a 50/50 ratio in dollar terms. This vault is necessary to be able to provide trading on DEX.
↪️ For example, if you want to trade a CAKE coin for a BNB, as in our example, you need to:
• Go to DEX. The most popular DEX for farming is PancakeSwap;
• Connect a wallet;
• Next, change CAKE to BNB. When you perform this operation, the CAKEs you send go to the liquidity pool (vault). From there, in exchange for your coins, you will receive BNB, on the amount of your CAKE's. For this transaction you will pay a small commission.
➡️ Now the question: "What are the liquidity pools formed for?"
Market players themselves form liquidity pools and provide coins for exchange. For that, they get a certain commission from transactions within the pool.
This whole process is called farming. When you are the player who puts his liquidity in the pool.
❗️IMPORTANT: If you want to put a particular coin into a farming pool, then you need to put another coin equal in value to the first one. For example, you want to put $1000 into the DAI-BUSD pool. Since they are two stablecoins, you would put in 500 DAI and 500 BUSD. If the rate is different, then the ratio of the number of coins will be different.
But in this type of investment, as in any other, there are certain risks. And many people don't even guess about them.
❔ Shall we make a post about risks of farming?
👍 - YES
👎 - NO
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📆 Global crypto headlines of the day:
🛑After a long wait of 307 days, Microstrategy's Bitcoin investments are finally in the green.
🛑Bitcoin miner CleanSpark purchased 45,000 ASICs for $145 million.
🛑BNB Greenfield testnet for the decentralized data storage goes live.
🛑The Paribus protocol was exploited for $100,000.
🛑The Cocos project has rebranded to COMBO and announced partnerships with DappRadar and Alibaba Cloud.
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❗️Social media is abuzz with rumors that Justin Sun has been arrested in Hong Kong
The Tron founder wasted no time and promptly denied it with a cheeky.
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Terms that every cryptan should know ☁️
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In this post we've collected some popular crypto market terms and explained their meaning. It will be very useful for beginners. If you like this kind of content, we will do it regularly!
1️⃣ Altcoin is a term describing all alternative digital assets to Bitcoin (e.g., ETH, SOL, NEAR, etc.).
2️⃣ Shitcoin is a token of dubious origin, which does not benefit people, but only increases the pockets of its owners - fraudsters. Simply put - SCAM.
3️⃣ Networks - each blockchain has its own network of addresses used for transactions. Each network has a specific name: Bitcoin - Blockchain, ETH - Ethereum Request for Comments - 20 (ERC-20), BNB - Binance Smart Chain (BSC), etc.
4️⃣ Smart contract is a specific algorithm written in a blockchain. Smart contracts are used for complex transactions, such as issuing tokens or exchanging assets through decentralized applications.
5️⃣ DEX is a decentralized cryptocurrency exchange. A place where swaps (exchanges) of coins are made. On such exchanges, you need to connect your wallet.
6️⃣ Cryptocurrency mining is the process of finding a block in the blockchain of a coin. Miners - people and their mining devices - receive a reward in cryptocurrency for finding the block, that is, mining it.
7️⃣ GEM is a diamond, a project that everyone is looking for, from which a large number of X's are expected.
8️⃣ Rekt - these are situations where a trader suffers a significant loss as a result of an unsuccessful transaction, for example, due to liquidation in margin trading.
Please put 👍 if you like this column.
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📆 Global crypto headlines of the weekend:
🛑The NYT has published a new article highlighting the ecological impact of mining in the US.
🛑53% of Bitcoin's circulating supply hasn't moved in the last two years.
🛑South Korean exchange Gdac was hacked for nearly $13 million.
🛑Сross-chain platform Symbiosis added support for the zkSync Era network.
🛑BlockSec has rescued some funds (100 ETH) that were stolen from SushiSwap.
🛑Metamask added a new feature to its Portfolio Dapp, allowing users to buy crypto with fiat currencies.
🤝 @Cryptocurrency_Inside ✅
Almost 1 MILLION addresses hold +1 🥇 Bitcoin - a new all-time high! 🚀
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📈🥇 Bitcoin transactions surge to new heights, reaching over 250k consistently throughout 2023, with a peak of 277k in March, as prices surge alongside with a 36% proportional increase since Dec 2022.
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Which Stablecoin to choose and what is it? 😎
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Today we decided to discuss with you one important topic - stablecoins.
Cryptocurrencies have several advantages over fiat: decentralization, privacy, speed of transactions.
Cryptocurrency should be a means of monetary exchange and a way to save money, which means that their value should be stable for a long period of time. And that's where stabelcoins come in.
➡️ Stabelcoin is a fixed-price token whose value is tied to another stable asset.
There are a large number of them, but the most popular ones are: USDT, USDC, BUSD and DAI.
One of the first stabelcoins was Tether (USDT). It was launched in 2014 and is still on the list of the most popular stables, as well as has the largest capitalization among other stablecoins ($80.2 billion).
➡️ Facts and benefits of USDT:
• The first cryptocurrency to achieve stabelcoin status;
• Presented on a variety of blockchains;
• Secured by the U.S. dollar at a ratio of ≈ 1:1;
• Serve as a bridge between fiat currencies and crypto;
• Benefits: stability, transparency and minimal fees;
• USDT eliminates transaction costs and delays in the cryptocurrency market.
🟠In our new infographic, you'll find the top stablecoins by market capitalization.
❔ What stabelcoin do you use?
🔥 - USDT FOREVER!
👍 - I like USDC !
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📊 U.S. CPI inflation.
5.2% expected (march)
6.0% previous (feb.)
🗓 WEDNESDAY, 8:30AM ET
👉🏻 What’s your prediction for this week’s U.S. CPI inflation report?
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🇺🇸 U.S. Bank deposits fell by nearly $65 billion last week, tenth straight weekly drop.
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JUST IN: 🇺🇸 Texas Senators propose bill to create a state-issued, gold-backed digital currency.
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🇹🇭 Leader of Thailand’s Opposition promises to 'airdrop' $300 digital currency to every citizen if elected Prime Minister.
👉🏻 Tax increases are expected in Thailand 😂
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🇪🇺 European Central Bank President: With our CBDC “there will be control,” that is “completely right.”
CBDC’s are slavery, 🥇 Bitcoin is freedom!
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