shriram sharma (@shri5) • Hey
shriram sharma (@shri5) • Hey
Publications
- Today Gemz Combo Code
Join now Early-stage
https://t.me/gemzcoin_bOt/tap_now?startapp=V5bU8-UGCouEg9MonBdEHD
- Bitcoin mining distribution worldwide.
- Food for thought
@phaver
- 🟠 Hal Finney explains why the Bitcoin price should only continue to rise with time 📈
True at $10, true today.
@phaver @lens/gitcoin
- BREAKING: 🇧🇷 60,000,000 customers at Brazil's largest bank can now start buying #Bitcoin and crypto 🙌
- 🚀bitcoin
- Ignore doomers, embrace the Orange Coin
- Crypto world are shine🌅🚀
- "If people don't have financial freedom, they don't really have any freedom."
- Lyn Alden
- 🟠 Every bitcoin transaction plotted by date received and date spent ⚡️
- 🚀 $LAIKA Listing Today Airdrop Announced Eoon
LISTING Announcement
https://twitter.com/Laika_ai/status/1798425135680287151?t=NfAdtGIJsel0eqrbWWkVXQ&s=19
Going live 9AM UTC June 6th on
(1) kucoincom
(2) gate_io
(3) MEXC
https://twitter.com/Laika_ai/status/1798425135680287151?t=NfAdtGIJsel0eqrbWWkVXQ&s=19
- UPDATE: 🇸🇻 El Salvador now owns 5,770 #Bitcoin worth over $402 million 💪
- This time to more earning
- Binance Will Delist OMG, WAVES, WNXM, XEM on 2024-06-17 !!!
- 🤣 Vote For more Up
- High on-chain activity and #Bitcoin accumulation despite low volatility mirror 2020 trends.
- JUST IN: 🟠 Founder of popular #Bitcoin mixer Samourai Wallet leaving court in New York 👀
The first pictures since his arrest.
- We've all been there 😂
- JUST IN: 🟠 University of Austin and $ 6 billion Unchained to raise $ 5 million in #Bitcoin for the university’s endowment 👀
- 🟠 Pierre Rochard and Lewis Parker representing #bitcoin, the people’s money, at the US Capitol 💪
- Agree or NoT 🤣
- Working only on @phaver @lens/lens
- To kick things off, here are some of our favorite quotes about rabbits.
@phaver
- JUST IN: 🟠 ~25K BTC from Mt Gox has moved in the last hour, likely the beginning of distributions to creditors❗️
- She woke af
- Don't be afraid to be right.....
☄️
- "You have to understand. Most people are not ready to be unplugged. And many of them are so inured and so hopelessly dependent on the system that they will fight to protect it."
- It seems to be a good time to share this.
You don't need no one's permission to hodl Bitcoin. That's the point of if.
- Donald Trump declares US must not settle for ‘second place’ in crypto industry
Former United States President Donald Trump claims he is "very open minded" to "all things related to this new and burgeoning industry."
- Elon Musk - Says Don't use crypto exchanges
🚧🚧🚫🚫🚫🚫🚧🚧
- crypto narrative coming back after $ETH ETF approval🔥☄️🚀🚀🚀
- JUST IN: 🟠 The percentage of #Bitcoin held for 3 years or more has hit a new ALL-TIME HIGH 🚀
- Whales are buying more #Bitcoin💸 than ever before 👀
- Only mint and watch'
- Bitcoin Dips by 2% But Traders Say Its a Healthy Pullback Before Next Leg Up: Bitcoin (BTC) price dropped by 2.12% in the past day, following news of the spot Ethereum ETF approvals
- JUST IN: Kabosu, the dog from the Dogecoin meme that inspired $DOGE and Shiba Inu has passed away.
- SEC APPROVES SPOT ETHEREUM ETF
💯💯💯💯💯
- #Binance is excited to announce a new Megadrop project - @lista_dao $LISTA!
Stay tuned for more information!
- House passes FIT21 crypto bill with majority bipartisan support
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22.
In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation.
The bill received bipartisan support but mainly received Republican votes, with 208 of 217 Republican representatives voting yes. By contrast, 71 of 213 Democratic representatives voted in favor of the bill.
Despite minority Democratic support, the bipartisan approval has attracted praise within the crypto sector. Crypto exchange Coinbase noted “strong bipartisan support,” while CLO Paul Grewal called the 71 Democratic votes “real progress” against the refusal to legislate.
- JUST IN: 🇺🇸 US Congressman Emmer gives speech supporting Congress developing a regulatory framework for digital assets.
“This framework will allow Americans to once again lead the way.” 👀
- Crypto Power: Michael Saylor Says Wall Street And Congress ‘Want Bitcoin’
The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121.
The Regulators Reel Back
The defeated rule would have forced banks holding digital assets for clients to classify them as liabilities on their balance sheets. This, according to the Digital Chamber of Commerce, the leading blockchain trade association, would have effectively shut the door on banks offering Bitcoin custody services
Industry experts argued that SAB 121 lacked economic justification and primarily served to stifle innovation by limiting access to secure storage solutions for digital currency investors.
Austin Campbell, founder of Zero Knowledge Consulting, went further, suggesting the rule “benefits non-regulated custodians,” potentially leaving crypto holders exposed.
- Genesis Global secures court approval for $ 3B payout
Genesis Global, the bankrupt cryptocurrency lender, secured a court approval to return about US$ 3 billion in cash and cryptocurrency to its creditors. This decision leaves its parent company, Digital Currency Group (DCG), with no recovery from the bankruptcy.
Judge Sean Lane approved Genesis’s Chapter 11 repayment plan on Friday, May 17. This ruling clears the path for Genesis to unfreeze and return customer assets that have been locked up since the company halted withdrawals in November 2022 following the demise of several prominent cryptocurrency firms.
However, in the ruling, Judge Lane overruled an objection raised by DCG, which argued that Genesis should pay its customers and creditors no more than the value of the crypto assets in January 2023, when Genesis filed for bankruptcy. Bitcoin (BTC) was trading around $ 24,000 at the time, compared to more than $ 66,700 on Friday, indicating a substantial increase of over $ 42,000.
Judge Lane dismissed DCG’s legal challenge, stating in a 135-page ruling that Genesis’ parent company lacked the legal standing to contest the Chapter 11 plan.
As a shareholder in Genesis,
- Mocaverse is the upcoming membership NFT collection for the Animoca Brands ecosystem.
- The bitcoin price could soon see a major short covering following the release of US CPI numbers and a global liquidity breakout. All eyes on US macros.
The world’s largest cryptocurrency Bitcoin (BTC) came under pressure on Tuesday, May 14, dropping 1% and slipping under $ 62,000 amid concerns over the US macroeconomic data. As per CoinGlass data, more than $ 100 million in Bitcoin long positions liquidated over the past 24 hours.
Bitcoin Short Covering Soon?
HODL15Capital recently provided insights into recent Bitcoin on-chain activity, shedding light on potential market trends. As per the observations, holders of less than 1 BTC have continued selling, marking a consistent trend. However, a notable development emerged as the cohort holding 100 or more BTC recorded a net negative activity—a rarity in recent times.
HODL15Capital speculates on the involvement of hedge funds, suggesting that some may be shorting Bitcoin in anticipation of unfavorable Consumer Price Index (CPI) numbers due for release. If this speculation holds true, a subsequent short covering could lead to a significant market reaction,
- I am join very long time in phaver and day one i following you🎉🔥
- Binance Secures Major Win With Dubai Crypto License After Changpeng Zhao Surrenders Voting Power
In the wake of co-founder Changpeng Zhao’s departure, Binance, the world’s leading cryptocurrency exchange, has secured a pivotal regulatory license in Dubai.
What Happened: Binance was awarded its Virtual Asset Service Provider (VASP) license after Zhao gave up his voting power in Binance FZE, the local entity, CoinTelegraph reported. This action was the final requirement set by the Virtual Assets Regulatory Authority (VARA) for the license approval.Zhao, who admitted to a felony count for failing to maintain sufficient AML protocols, stepped down as part of the plea agreement. His sentencing is set for April 30, with a possible prison term of up to 18 months.
VARA officials were cautious not to meddle with Binance’s recent U.S. settlement, leading to the requirement for Zhao to relinquish his voting rights in Binance FZE. However, Zhao continues to be the ultimate beneficial owner of Binance FZE’s parent company based in Abu Dhabi.
- US Stocks to Affect Bitcoin (BTC) and Crypto Heavily After Today
The S&P 500 has closed below its 50-day moving average for the first time in five months, marking one of the most bullish events for the U.S. stock market this year; it is a potential warning sign that heavily impacts Bitcoin and the cryptocurrency market in general.
But why do stock market moves even affect Bitcoin ? The reason is quite straightforward: it is all about investor mood. When big stock indexes like the S&P 500 falter, it can make investors across all markets feel nervous. They might start thinking, "If stocks are risky right now, maybe I should be careful with my other investments, like Bitcoin."
Now, looking at Bitcoin's price, we can see it is at a pivotal point. It is wrestling with the $ 60,000 mark, which is a significant psychological level. If it can stay above this point and climb higher, the next key level to watch would be around $ 67,000, where Bitcoin has struggled before. If it falls below $ 60,000, the next support is at the $ 50,000 area, which might catch a dropping price.
In the past, we have seen Bitcoin do its own thing, sometimes ignoring the stock market entirely. But more recently, as more investors who typically invest in stocks are getting into crypto, Bitcoin's price movements are starting to echo the stock market more closely.
The link between the two markets suggests that today’s stock market drop could lead to cautious trading in the crypto world. If stock markets continue to slide, Bitcoin may feel the pressure, too. Conversely, if the stock market finds its footing and starts to rise again, it could give Bitcoin the boost it needs to challenge its previous highs.
As investors in both camps watch these movements, the coming days could be pivotal. The key takeaway? Movement of assets on the U.S. market still greatly affects Bitcoin and the cryptocurrency market.
- AUSTRALIA’S ASIC LAUNCHES LEGAL ACTION AGAINST UNLICENSED MINING FIRMS
Australian Securities and Investments Commission (ASIC) has launched legal proceedings against three blockchain mining companies after their collapse into liquidation. The companies, NGS Crypto Pty Ltd, NGS Crypto Pty Ltd, and NGS Crypto Ltd under the NGS Companies banner have cost residents in the country more than $ 104 million in losses.
Australia’s ASIC launches legal action against unlicensed firms
According to the report, legal actions were taken against the companies and their directors. The NGS companies and their directors Brett Mendham, Ryan Brown, and Mark Ten Caten have been charged with targeting residents to set up self-managed superannuation funds (SMSF). These funds are then converted into crypto and used to buy mining packages for fixed-rate returns at a later date.
The regulatory agency clarified that about 450 investors had been scammed of about $ 40 million. The agency also noted that the NGS companies operated in the country without a valid license. The Australian ASIC has also expressed worries over the potential theft of the
- Chainlink (LINK) Launches New Bridging Tool ‘Transporter’, Will LINK Soar?
Chainlink Transporter: The New Transfer Standard?
According to Chainlink, Transporter is an app that is used to move digital assets as well as messages across different blockchains. Chainlink Transporter, which the protocol described as the “next evolution in cross-chain bridging” is powered by the recently launched Cross-Chain Interoperability Protocol (CCIP).
It was created in collaboration with the Chainlink Foundation and developer Chainlink Labs. At the core of the app is the capacity to offer users a friendly interface where they can submit and monitor their cross-chain transactions via CCIP. Chainlink co-founder Sergey Nazarov acknowledged that the new product accentuates CCIP’s security features.
- CRYPTO GIANTS TAKE OVER: TRON, BYBIT, AND OKX HEADLINE BLOCKCHAIN LIFE & GLOBAL BLOCKCHAIN SHOW
Two upcoming Blockchain Conferences are set to bring together the industry leaders. They hail from the giants like TRON, ByBit, and OKX. They will attend Blockchain Life and the Global Blockchain Show. Having speakers from the said companies aligns with enhancing the events and helping participants gain valuable insights about technology, blockchain, industry trends, etc.
Speakers from TRON, ByBit, and OKX will take the stage for a panel discussion at both events. Participants can interact with crypto heavyweights by asking questions or seeking to pitch their side of the story for a productive extension of the panel discussion.
Decoding the crypto powerhouses: TRON, ByBit, and OKX
TRON, ByBit, and OKX are bringing their respective areas of expertise, ensuring that the experience is more global – that is, it covers every possible area without leaving a single point out of the loop.
TRON
Founded by H.E. Justin Sun, TRON’s focus is mainly on boosting the adoption of decentralization in the world of the new Internet. Since its launch on Mainnet, it has been known for TRON Blockchain and the implementation of smart contracts. These aspects create a differentiated niche for TRON in the market.
ByBit
Mostly identified as ByBit Crypto exchange, the platform houses services related to facilitating cryptocurrency exchange or trade. It has a user base of more than 20 million accounts across the globe and was last seen bagging the daily average trading volume of over $ 10 billion. ByBit also houses crypto trading as a service under the peer-to-peer section.
OKX
OKX crypto exchange powers through the industry by excelling in DeFi through different products. It further offers its users the facility to avail of the exchange services on the platform. OKX ideally focuses on all the major areas of the industry to provide an all-round set of services to its users.
A Spotlight on Blockchain Life and Global Blockchain Show
While they slightly differ in target audience & specifics about the coverage, Blockchain Life and Global Blockchain Show share the exact synergy and the idea behind inviting participants and speakers.
Blockchain Life’s target audience mainly seeks to attract participants from sections like Mining, Developing, and Service Providers. These entrepreneurs and crypto traders have found space in the Global Blockchain Show. The latter does not necessarily come with limited exposure but rather more detailed insights about those segments of the market.
Global Blockchain Show’s target audience brings a more tailored experience across 6 stages and over 300 speakers. It additionally covers generative AI and the psychology of the bull market over the usual course.
Blockchain Life is bringing to the stage notable personalities including, but not limited to, Sergey Nazarov, Co-Founder of Chainlink; Paolo Ardoino, Chief Executive Officer of Tether; and Rachel Conlan, CMO of Binance.
Global Blockchain Show is bringing to the stage notable personalities including, but not limited to, H.E. Justin Sun, Founder of TRON; Robby Yung, Chief Executive Officer of Animoca Brands; and Alicia Kao, Managing Director of KuCoin.