Rocky (@rockey) • Hey
CRYPTO LOVER
Publications
- 💥JUST IN: Vitalik Buterin proposed EIP-7706 for #Ethereum.
It suggests adding a new gas category for transaction call data.
Currently, Ethereum transactions use gas for execution and storage.
The new category would cover the cost of processing transaction data.
- BREAKING: Ethereum as a security by next week?
The SEC might say Ethereum is a security and reject some applications for Ethereum ETFs.
A lawyer who specializes in digital assets warned Tuesday.
- JUST IN: 🇺🇸Oklahoma has become the first U.S. state to pass a law protecting the right to self-custody #Bitcoin .
- 💥Bitcoin spot ETF volume reaches 256.22b.
- 📊Institutional #BTC Holdings
BTC on the balance sheet of major listed companies, miners, and other notable institutions.
#bitcoin #bitcoinETF #bitcohalving
- According to SEC filings, Millennium Management and Schonfeld Strategic Advisors disclosed $ 2.4 billion exposure to spot Bitcoin ETFs in Q1 2024.
Millennium total investment: $ 1.9 billion
IBIT: $ 844.2 million
FBTC: $ 806.7 million
GBTC: $ 202 million
ARKB: $ 45.0 million
BITB: $ 44.7 million
Schonfeld total investment: $ 479 million
IBIT: $ 248.0 million
FBTC: $ 231.8 million
- 🇸🇻El Salvador uses geothermal power fueled by the Tecapa volcano to Mine 474 Bitcoin, a Total Of 5,750.
-> Installed 300 new processors fueled by volcanic geothermal energy.
Out of the country's total power capacity of 102 megawatts, 1.47% is allocated to Bitcoin mining.
- Biden Blocks China-Backed Crypto Mining Firm from Owning Land Near US Missile Base.
- Bitcoin Miners Under Pressure to Sell Holdings as Revenues Decline Post-Halving.
-> Bitcoin miners earned less in May due to fewer bitcoins as rewards and lower transaction fees.
-> Miners usually sell some of their bitcoins after having to pay for their expenses.
- Hong Kong Bitcoin and Ethereum ETFs saw record outflows of $ 31.3M on May 13.
- 🚨BREAKING: Bitcoin's Lightning ⚡️Network developer has tested issuing stablecoins on the #Bitcoin network.
- Lightning Labs CEO Elizabeth Stark.
- 🇵🇭Philippine Central Bank greenlights PHPC #stablecoin pegged to the Philippine peso for faster remittances.
- Ethereum transaction fees dropped by 93.7% in 68 days.
- March 5, 2024: Fees were $ 30.33 per transaction.
- Current: Fees are $ 1.91 per transaction.🔻
#EthereumETF #ethereum #Crypto
- #Bitcoin 's Hashrate Slides 19% in 16 Days🔻
- **43,000 BTC moved to OTC trading desks in one month.** ***T****he largest inflow since May 2022.* -> 205,000 BTC on OTC desks, last seen post-FTX collapse in Nov 2022 -> OTC desk balances doubled during the 2021 bull run, going from 220,000 BTC in Dec 2020 to 420,000 BTC by May 2021. Source: CryptoQuant
- The most challenging years for Bitcoin are over: **2008-2023** Bitcoin was considered nothing more than just an idea that only Bitcoin enthusiasts believed in. **After 2024** The Bitcoin network is set to soar as institutions with significant financial power flock to the platform.
- Hash price may have bottomed, and expects a rise in 5 months.
Based on expected higher transaction fees or decreased mining difficulty.
Luxor's Q1 2024 report👇
- good morning
- Bitcoin Fees Surge: Active Addresses Hit 3-Year Low
->Over 75% of miner revenue post-halving from fees, impacts the network.
->Runes worsen halving congestion, and affecting the network.
- Tesla has maintained its Bitcoin holdings with 11,509 bitcoins.
worth over $ 745 million.
- BlackRock's Bitcoin ETF: No inflows for the first time in 71 trading days
- Everyone wants to peep into your private life through the window of your bedroom.
Bitcoin is the curtain that protects your privacy.
- Smart Contracts on #Bitcoin
BIP 347 proposes adding Ethereum-style smart contract capabilities to Bitcoin.
#BitcoinHalving #CryptoNews
- 🔨#Bitcoin miners maintain stable revenue levels even after the halving event.
- 🇳🇬Nigeria's Central Bank told banks to find and report people or companies using Binance, Bybit, KuCoin, and OKX.
The letter warned that anyone involved in illegal trading of USDT through cryptocurrency platforms in Nigeria will face arrested.
#Bitcoin #CryptoNews
- JUST IN: 🇭🇰Trading of Hong Kong Spot Bitcoin and Ethereum ETFs officially begins on April 30th.
- #Bitcoin miners are selling less, which could mean less selling pressure on the market.📉
#BitcoinHalving #BitcoinETF #Cryptocurency
@lens/adani @lens/bajaj @lens/tsp8898 @lens/learner1994 @lens/rokky @lens/jocky @lens/holdbtc @lens/simitej @lens/aaveaavelens
- Mt. Gox’s 142,000 Bitcoin Payout
Trustee announces payout plan: 142,000k BTC, 143k BCH, & 69 Billion Yen to be distributed.
Repayment possible by Oct 31, 2024
@lens/learner1994 @lens/jocky @lens/adani @lens/holdbtc @lens/rokky @lens/tsp8898 @lens/bajaj
- Just like crypto now stock exchanges want to run 24*7.
Crypto forcing the dynamics to change!
@lens/learner1994 @lens/adani @lens/bajaj @lens/tsp8898 @lens/holdbtc @lens/rokky @lens/jocky
- Altcoins on #Bitcoin 🔥
Runes charged much higher fees, bringing in a record $ 80 million daily.
#cryptocurrency #BitcoinHalving2024 #Runestone
- The Nakamoto upgrade #stacks 2.5 is just 46 blocks away, scheduled for block number 840360.
This upgrade introduces👇
- Security🔒
- Speed⚡️
- Movement of bitcoin b/w L1 and L2🔁
- #Bitcoin 's halving boosted miners' daily earnings to $ 107 million📈
This one is way more than the $ 77 million they earned in April 2021.
#cryptocurrency #Bitcoin #bitcoinworldorder
- ngl Ton is the biggest competitor for Lens
- Lets get the youth into Lens
- Lets get the youth into Lens
- Bitcoin's Market Path Uniquely Separate from the S&P 500
BTC has minimal correlation with major asset classes.
->Bitcoin (BTC) soared by 69% in Q1 2024.
->BTC negatively correlated with the DXY index and gold.
->Correlation with S&P 500 was low at 0.11.
During Q2, BTC dropped by 15% while the DXY index rose above 106, indicating a negative correlation between the two.
@lens/adani @lens/learner1994 @lens/rokky @lens/jocky @lens/tsp8898 @lens/bajaj @lens/holdbtc
- BlackRock released educational material on Bitcoin, the halving, and its approved spot Bitcoin ETF.
- Bitcoin's volatility has decreased since January 2020, with less extreme peaks.
The current volatility level is just below 60%.
As Bitcoin gains prominence as a valuable asset, its volatility will continue to decrease over time.
Source: Glassnode and coinbase
- 🔥Bitcoin Halving⌛️
🟧🟧⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️
- New Zealand's 🇳🇿 central bank 🏦is considering launching a digital version of its currency by 2030.
@lens/adani @lens/learner1994 @lens/rokky
- IMF acknowledges Bitcoin's role as a crucial asset in preserving wealth during financial instability.
#Bitcoin helps people in high-inflation countries stabilize savings and join global commerce beyond local currencies.
#cryptocurrency #CryptoNews #BitcoinHalving
@lens/holdbtc @lens/adani @lens/bajaj @lens/learner1994 @lens/tsp8898 @lens/rokky @lens/jocky
- ****Bitcoin Profitable vs Unprofitable days
- #Bitcoin 's profitability over the past 5,024 days
- Profitable for 4,947 days 📈
- Only 77 days of being unprofitable 📉
- Impressive 98.5% profitability rate 💰
@lens/adani @lens/tsp8898 @lens/bajaj @lens/learner1994 @lens/rokky @lens/jocky
- In Q1, the Korean won topped crypto trading, surpassing the US dollar.
$ 456 billion worth of crypto was traded in South Korean won on centralized exchanges.
- "Is the crypto crash over yet?!"
That's the million $ question right now.
But I'm not sure the answer to it really matters.
If your strategy relies on timing the market, you're doing something wrong.
Buy extreme fear, sell extreme greed.
It really is that simple.
- Have you ever wondered what happens after the last of the 21 million Bitcoins is mined?
@coingecko insightful video
- How we feel about #Bitcoin ’s dip right now…
@lens/adani @lens/holdbtc @lens/learner1994 @lens/jocky @lens/rokky @lens/rafagrassetti @lens/aaveaavelens @lens/simitej
- #BitcoinHalving Only 423 Blocks Away
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧⬜️⬜️⬜️⬜️
- Grayscale's GBTC Bitcoin holdings plunge 50% post-spot ETF launch.
🔻 Bitcoin holdings drop to around 311,621
🔻 GBTC fee at 1.5% vs. competitors' 0.12%
GBTC dropped from 100% at launch to 37.3%. IBIT holds 32.2%, while FBTC stands at 17.8%.
Source: The Block
@lens/holdbtc @lens/simitej @lens/adani @lens/bajaj @lens/aaveaavelens @lens/tsp8898 @lens/learner1994 @lens/rokky @lens/jocky
- Bitcoin Exchanges Facing Supply Squeeze
Exchanges to Run Dry in 9 Months
-> Only 2 million bitcoins left.
->Daily inflow of $ 500 million to spot bitcoin ETFs.
->Approx. 7,142 bitcoins leaving exchange reserves daily.
@lens/adani @lens/bajaj @lens/aaveaavelens @lens/tsp8898 @lens/learner1994 @lens/rokky @lens/jocky
- The most potent weapon In a war is the money printer. Eventually, the one who can print global reserve currency will win.
The US and its allies have always dominated any conflict. Money printers give them the ability to win any global conflict.
However, whenever a conflict occurs, the US ends up printing more money. The numbers are visible: The US national debt has crossed $ 34.6 trillion, and they print $ 1 trillion every 100 days.
At some point, they will default, which might happen during our lifetime only. That will be when people will realize that the real reason behind any war was the "Money Printer."
Sound Monetary systems take that power away from reckless governments. The system is managed by the global population. People check double spending and manipulation because the ledgers are open and transparent.
No government can ever fund a war recklessly because they can't print more. The War will convert into battles, which will be fought to defend and not attack someone.
Most of the world's problems today are related to money. This is precisely the reason in 2008, Satoshi Nakamoto dreamt of a peaceful world. A world entire of:
Transparency
Being Together
No discrimination
Decentralized
Zero Manipulation
Prosperity for all.
Few....