Biden's team is in talks about accepting cryptodonations
Joe Biden's campaign staff is working on organizing the acceptance of donations in crypto-assets.
The team is negotiating with the Coinbase Commerce platform and other venues to technically implement the process.
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✊ Locations of the largest concentrated volumes of Bitcoin:
🟠 All exchanges - 2.3 million BTC
🟢 Miners (except Satoshi) - 706,000 BTC
🟡 Spot ETFs – 862,000 BTC
🔵 US Government - 207,000 BTC
🔴 Mt.Gox Stewards - 141,000 BTC
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👉 Curious fact: In 2010, this faucet site gave away 5 BTC for free to every visitor.
5 BTC is worth $350,000 today
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💎Notcoin broke the bar of 40 million users and gave out more than $1.5 million in rewards
The project is not going to stop at what has been achieved and shared its plans for the future:
- Increase the prize pool by 10x;
- Levels will be available for new users;
- Users will be able to receive a percentage of earnings from referrals;
- Gold and Platinum will have access to top tier token launches;
- Explore campaigns will be automated and projects will be able to run them independently.
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Bitcoin 🪙 has a larger market cap than the top 3 banks in the world, combined:
• Bitcoin: $1.37 trillion
• JPMorgan Chase: $574 billion
• Bank of America: $311 billion
• IC Bank of China: $268 billion
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Coinbase introduced Smart Wallet solution
Cryptocurrency exchange Coinbase has introduced a new service called Smart Wallet that will make it as easy and fast as possible to create a non-custodial cryptocurrency wallet.
"Coinbase Smart Wallets enable users to create a free, secure non-custodial wallet in a couple seconds. They simplify registration, reduce the number of transactions you sign up for, and provide free access to the assets in your exchange account,” said Siddharth Coelho-Prabhu, Director of Product Management.
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Crypto Speak: OTC
“OTC” stands for “over-the-counter” trading, bypassing DEXs or CEXs without intermediaries. The buyer and seller do everything directly; they agree on the amount, the coin’s exchange rate, and other details.
OTC deals are for very large sums—e.g., 1,000 Bitcoin (BTC).
You can rarely find offers to sell such a large amount of coins on exchanges; you will have to buy in installments from several sellers. This will take a long time and won’t be very profitable because the value of BTC from different sellers may differ.
The alternative is OTC trading. You simply agree on a direct transaction with a seller who has 1,000 BTC.
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📲 A polite reminder that there are 6.5 billion smartphones on Earth, and every one of them can hold bitcoin. But can't hold gold
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😎 Awesome chart from the Bitcoin company JAN3
Difference between available investment capital and available number of Bitcoins
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🚀 90% of people fail in #crypto because they pick the WRONG altcoins!
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💡💡💡: 🇺🇸 Former President Donald Trump says "Bitcoin mining may be our last line of defense against a CBDC."
"We want all the remaining Bitcoin made in the USA!"
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👛Toncoin concluded a partnership agreement with one of the largest online travel services - now more than 3 million travel services in 230 countries can be paid for in TON.
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US economy now has:
🔵 63 banks on the brink of default according to the FDIC
🔵 Over $500 BILLION of paper losses held by banks
🔵 Declining GDP growth with rising inflation
🔵 Over 50% of Americans believe we are in a recession
🟣 Lowest mortgage demand in over 30 years
🟣 A record $17.7 trillion in total household debt
this is insane... love Bitcoin even more now ❤️
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The average profit of crypto investors in 2023 was $800.
CoinLedger analysts compared about 500,000 market participants from the United States, Australia, Canada, and other countries. They found that, on average, cryptocurrency investors made $888 per person in 2023, which is amazing since investors lost $7,102 in 2022, taking into account the collapse of FTX, of course. If FTX hadn’t, the losses would have been lower.
The report reveals that the most unpopular cryptocurrency was Ether (ETH). Crypto investors got rid of it most often. Solana (SOL), Bitcoin (BTC), BNB, and Polygon (MATIC) were also in the top five.
And Bitcoin is the least frequently sold.
Also, analysts named Coinbase the most popular CEX by number of transactions in 2023, but in reality, this is probably not true because most of the respondents live in the United States, where Coinbase is the leader.
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💡💡💡: Standard Chartered Bank says Bitcoin will reach $150,000 if Donald Trump wins the presidential election.
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In 1790, the U.S. national debt was only 70 million dollars.
By 1980 it had reached $1 trillion → a journey of 220 years.
Now it has reached the staggering sum of $34.5 trillion.
Here's what's happening to the fiat system and why it's worth abandoning it
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📈 In 2024, the number of crypto investors in the world increased by 34%, from 420 million to 562 million people - that's 6.8% of the world's population.
Among age groups, investors in the 24 to 35 years old category are the most numerous.
Among the countries, the leaders are the UAE (25.3%), Singapore (24.4%) and Turkey (19.3%). Ukraine ranks 18th (10.2%).
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📊 Number of active addresses in the leading blockchains
The leader is Tron (2.6 million), followed by Bitcoin (564,250), Ethereum (501,630), Litecoin (357,260)
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🚨BREAKING : Binance💰 Will Delist OMG, WAVES, WNXM, XEM on 2024-06-17
USDT and BTC Pairs of these Coins.
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