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Mystery of Gas Prices
Gas prices are the engine that drives transactions in the Ethereum ecosystem. They represent the fees users pay to execute transactions or interact with smart contracts. Think of it like tipping for faster service,the higher the gas price, the quicker miners process your transaction.
However, finding a balance is key. Pay too little, and your transaction might stall; pay too much, and you’re wasting resources. As Ethereum’s network experiences congestion, gas prices fluctuate, so staying alert to these changes can help you optimize transaction speed and cost.
📈Crypto_room
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💸 BTC ETF vs. Gold ETF
Eric Balachunas compared inflows into the BTC ETF to the Gold ETF, based on the fact that the two assets are often compared for diversification.
🔼 In 9 months, the BTC ETF has attracted $17.7 billion and represents 5% of BTC's capitalization.
While the Gold ETF is only 1% of gold's capitalization.
It took gold 22 years to achieve these results, while BTC took only 9 months.
But gold also has a bigger capitalization 😉
📈Crypto_room
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🇺🇸 LATEST: Kamala Harris finally breaks silence on crypto: Report
Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections.
📈Crypto_room
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ICYMI: 💰 BlackRock found a 84.9% allocation to #Bitcoin resulted in the optimal portfolio 🙌
📈Crypto_room
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NEW: 💰 $MSTR is beating 100% of the S&P 500 with #Bitcoin 💪
📈Crypto_room
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🐈⬛ #Catizen #CATI trading has started on Binance
The token rate is about $0.9, the market capitalization is $282 million. Capitalization at full emission (FDV) is $926 million.
📈Crypto_room
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🚨🚨🚨 JUST IN : Five #Bitcoin 💰 wallets that have been dormant for over 15 years have transferred 250 BTC each.
These wallets received 50 $BTC($3.18M) as mining rewards per block back in 2009.
📈Crypto_room
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Top 4 countries by the amount of BTC on their balance!
1. USA – $12,160,000,000
2. UK – $3,670,000,000
3. Bhutan – $785,460,000
4. El Salvador – $351,750,000
Honorable mention: Germany now has "ZERO" (after a $3.56 billion sale). 😁
📈Crypto_room
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⚠️ Bingx exchange was hacked and $26 million worth of crypto was withdrawn
Some of the users' tokens stored on the platform's hot wallets have been sold and the funds have been withdrawn from the exchange.
Withdrawal of funds has been suspended.
📈Crypto_room
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🔻 Commissions on the Tron network will be reduced by 50% - the update will go live in the coming hours.
Now transaction fees for memcoins on the Tron network will be among the lowest.
📈Crypto_room
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Bitcoin's 'ticking time bomb' could push the price to $150K by 2025! 💣
📊 Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
☕️ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. 📈
👀 Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. 🚀
Bitcoin’s tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. 🌕
📈Crypto_room
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🇩🇪 $500B Commerzbank to offer Bitcoin and crypto trading to customers.
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🚨 LATEST: Arthur Hayes Says Fed's Rate Cut is Politically Driven, Predicts Soaring Inflation!
BitMEX co-founder Arthur Hayes warns that the Fed’s recent rate cut may be politically motivated, sparking inflation and setting the stage for market turbulence.
📈Crypto_room
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Cautionary Tale of Celebrity Tokens
Celebrity-endorsed tokens on the Solana blockchain have seen a dramatic crash, with most losing over 99% of their value. Tokens from stars like 50 Cent, Caitlyn Jenner, Andrew Tate, Iggy Azalea, and Barron Trump have plummeted, with over 30 launched in June alone dropping by at least 73%.
Crypto analyst Slorg noted that only a handful of these tokens hold more than 25% of their value, while the majority have declined over 90%. Even the best performers have lost over 70% within a month.
Some notable incidents include Jason Derulo who denied selling his JASON tokens and Waka Flocka Flame admitted to previous involvement in shady crypto promotions.Additionally 50 Cent's X account was hacked to promote a scam token, GUNIT.
The collapse of these celebrity-backed projects underscores the volatility and risk of such investments. Investors should take this as a reminder to thoroughly research and remain cautious with celebrity-endorsed cryptocurrencies.
📈Crypto_room
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NEW: 🟠 Metaplanet CEO shares how much Bitcoin per share their company has held over time 👀
"Proud to share our #Bitcoin per share (in satoshis). Each bar represents our Bitcoin holdings per share, showing a steady increase since our adoption of the Bitcoin standard. Our goal is to keep growing our BTC per share for long-term shareholder value Metaplanet."
- Simon Gerovich
📈Crypto_room
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📊 Only 42 tokens surpassed BTC in terms of growth
And, of course, almost the entire top 10 is occupied by memcoins 🤡
📈Crypto_room
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📈 NEW: Tether’s market share has skyrocketed by 20% in two years, hitting 75% of the entire stablecoin market, while generating $400 million in revenue over the last 30 days.
📈Crypto_room
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🦜 In 5 days, BIRD has made it to the top 7 box office apps according to Telegram estimates
📈Crypto_room
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MicroStrategy buys another 18,300 Bitcoin Holdings worth $1.11 Billion
On September 13, MicroStrategy's Co-Founder and Executive Chairman, Michael Saylor, announced yet another bold move: the acquisition of additional 18,300 Bitcoin, valued at $1.11 billion. This purchase averages $60,408 per Bitcoin and brings the company’s total holdings to an impressive 244,800 BTC, accumulated at an average price of $38,585 per coin.
With a total investment of $9.45 billion, MicroStrategy’s Bitcoin strategy continues to pay off, boasting a 4.4% quarterly return and 17% year-to-date performance. Saylor remains steadfast in his belief that Bitcoin serves as a long-term hedge against inflation, making it the cornerstone of the company’s investment strategy.
📈Crypto_room
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MicroStrategy buys another 18,300 Bitcoin Holdings worth $1.11 Billion
On September 13, MicroStrategy's Co-Founder and Executive Chairman, Michael Saylor, announced yet another bold move: the acquisition of additional 18,300 Bitcoin, valued at $1.11 billion. This purchase averages $60,408 per Bitcoin and brings the company’s total holdings to an impressive 244,800 BTC, accumulated at an average price of $38,585 per coin.
With a total investment of $9.45 billion, MicroStrategy’s Bitcoin strategy continues to pay off, boasting a 4.4% quarterly return and 17% year-to-date performance. Saylor remains steadfast in his belief that Bitcoin serves as a long-term hedge against inflation, making it the cornerstone of the company’s investment strategy.
📈Crypto_room
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