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🐳 If you still think the crypto market is unpredictable and dangerous, these guys will prove you otherwise: - The number of bitcoin millionaires has increased by 95% (as many as 88,000 people) to 172,300 this year. - The number of crypto millionaires, with at least $100 million in assets, rose 79% to 325. - The number of crypto billionaires grew by 29% to 28 people. - There are now 11 people in the world who own more than $1,000,000,000,000 worth of bitcoins The market capitalization of crypto has grown by 89% to $2.3 billion. Are these facts enough to start taking action? 🐳- Yes, it's about time. 🤡- I'll keep watching and catching FOMO. 📈Crypto_room

📊 MicroStrategy's dominance over other corporations with BTC on corporate balance sheets MSTR holds 226,500 BTC (1.1% of total BTC mined). This is almost an order of magnitude more than the next largest corporate holder, Marathon Digital, which, unlike MicroStrategy, not only buys but also mines BTC on its own 📈Crypto_room

Power of Staking Rewards In the ever-evolving blockchain space, staking reward distribution is a game-changer for those looking to earn passive income while supporting network stability. In proof-of-stake (PoS) systems, participants lock up their cryptocurrency as collateral, which helps secure and maintain the network. In return, they are rewarded with additional tokens—a process that not only incentivizes participation but also fuels the network's growth.   The distribution of staking rewards is essential for keeping validators engaged and committed. For instance, on the Ethereum network, validators can earn up to 5% annual interest on their staked Ether. This reward structure motivates participants to stay involved, ensuring the network remains robust and secure.   Understanding how staking rewards are distributed is key to optimizing your earnings. By participating in a PoS network, you contribute to its security and, in turn, receive a share of the rewards. This creates a cycle of engagement and growth, fostering a healthy and prosperous ecosystem for all involved. 📈Crypto_room

💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨   $𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000    $𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000 📈Crypto_room

🪫The share of bitcoin mining in the global electricity usage pie As of today, it's 0.16%. Thus, the legends about mining being an “energy black hole” where supposedly “a lot of stuff is used to produce little of anything” are nothing more than FUD 📈Crypto_room

Analysts note that the main fall in U.S. stocks has historically occurred after the Fed moves into a rate-cutting cycle. Bloomberg emphasizes that the Fed starts cutting rates when “everything is already gone,” so the negative impact on U.S. stocks from a Fed rate hike is delayed (usually after the rate cuts have begun). 📈Crypto_room

⚠️ Wallet Wallet was hacked - users started receiving spam with an offer to transfer their funds to safe wallets in order to double their balance. The @wallet wallet was labeled SCAM, but after full control was restored, the label was removed. 📈Crypto_room

🇦🇪 Tether will launch a stablecoin pegged to the UAE dirham Reportedly, each token will be fully backed by liquid reserves. Tether aims to obtain a license from the UAE Central Bank. 💲The stablecoin is being touted as an effective tool for transactions in dirhams—cross-border payments, trading, or simply diversifying digital assets. 🤝 The new asset will be launched in partnership with the technology conglomerate Phoenix Group and supported by Green Acorn Investments. 📈Crypto_room

💰 Samson Mow says Kamala Harris’s policies like price controls and higher taxes could send #Bitcoin to $1M 📈Crypto_room

💾 Just look at what $1 billion in gold VS $1 billion in bitcoin looks like 📈Crypto_room

The USDT stablecoin will launch on the Aptos blockchain 🚀 👀 According to Tether, support for the Aptos network will enable transactions with USDT at exceptionally low fees (fractions of a cent). This is expected to broaden the use cases for USDT—from microtransactions to large corporate operations. 🚴‍♀️ The Aptos blockchain was also chosen for its "unprecedented speed and scalability." In May of this year, the network recorded 157 million transactions in a single day. USDT operates on several blockchain networks, with the most popular being Tron, Ethereum, Avalanche, Solana, and Ton. 🔗 The Aptos blockchain token (APT) is among the top 30 largest crypto assets, with a market capitalization of around $3 billion. 👌 📈@Crypto_room

📊 Market Overview: BTC : $63955 ETH : $2753.96 BNB : $574.94 SOL : $157.79 ⚡ Dominance : BTC : 53.77 % ETH : 14.10 % Stables : 6.50 % 📈 Market Cap : Total : 2.35T DeFi : 73.39B 24hr Vol : 70.65B @Crypto_room

NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈 📈Crypto_room

🔨 According to MacroMicro, the cost of producing one bitcoin has reached $72000! This means that on average miners are working in the negative and the market needs an upward price correction 📈Crypto_room

🇺🇸 Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch. In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust. 📈Crypto_room

JUST IN: 🇩🇪 German authorities seize 13 Bitcoin ATMs and nearly €25 million in cash in a crackdown on operators allegedly violating KYC/AML laws 📈Crypto_room

📊Demystifying Leading & Lagging Indicators Understanding leading and lagging indicators can give you a serious edge, as they are key tools that help traders anticipate and confirm market movements. Here’s why these indicators are essential: ▪️ Leading Indicators: Spot potential price movements before they may happen. ▪️ Lagging Indicators: Confirm trends and patterns after they’ve formed, ensuring you’re on the right track. ▪️ Crypto-Specific Data: Use transactional data, network activity, and scarcity measures to make informed decisions. ▪️ Macro Indicators: Track the broader economic factors influencing crypto prices. 📈Crypto_room

📊Demystifying Leading & Lagging Indicators Understanding leading and lagging indicators can give you a serious edge, as they are key tools that help traders anticipate and confirm market movements. Here’s why these indicators are essential: ▪️ Leading Indicators: Spot potential price movements before they may happen. ▪️ Lagging Indicators: Confirm trends and patterns after they’ve formed, ensuring you’re on the right track. ▪️ Crypto-Specific Data: Use transactional data, network activity, and scarcity measures to make informed decisions. ▪️ Macro Indicators: Track the broader economic factors influencing crypto prices. 📈Crypto_room

⚡️ Binance and its former CEO, Changpeng "CZ" Zhao, are facing a class-action lawsuit from three investors who claim the exchange facilitated the laundering of stolen crypto, preventing them from recovering their assets. The lawsuit could challenge the reliability of blockchain analytics and on-chain asset recovery if it progresses. 📈Crypto_room

SAYLOR: 💰 “When I’M GONE, my stock, my shares, my assets flow into a public charity whose mission is to support ₿itcoin and the adoption of ₿itcoin FOREVER.” 🔥 📈Crypto_room