CryptoBeckery🍞

Did you know that Bitcoin is 10.32% more expensive in South Korea? There is a special term for this phenomenon, the “Kimchi premium.” It occurs when the value of a token on Korean exchanges rises above global prices. This happens due to high demand and activity from local South Korean investors. More often than not, a rising “Kimchi premium” indicates an overheated market. @CryptoBeckery

Crypto speak: Floor is lava 🌋 “Floor is lava” is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you can’t step on it. In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing. Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game). @CryptoBeckery

What is “astroturfing?” The term isn’t purely crypto, but in recent years, it has seeped into the blockchain world as well. It is the promotion of a product or service, such as an ICO, without disclosing a personal interest. Celebrities such as Steven Seagal and Floyd Mayweather Jr. have been fined by the SEC in the past for astroturfing ICOs. In other words, this is a situation where a celebrity who has received money for advertising “pretends” that they simply like the advertised project and recommend it to their audience. @CryptoBeckery

Crypto speak: SNAFU “SNAFU” stands for “situation normal: all f***ed up.” Participants in the market ironically describe the situation’s regularity and normalcy, which, at first glance, appears to be full of horror and the impending collapse of everything. For example, a SNAFU can be a failed deal, a major crypto exchange failure, or other scenarios where something went wrong. There is no need to panic because similar incidents have happened frequently in the cryptocurrency sector. @CryptoBeckery

Il Bitcoin ha superato il franco svizzero in termini di capitalizzazione di mercato, diventando la tredicesima valuta al mondo. @CryptoBeckery

Dopo l'aggiornamento Dencun nella rete Ethereum, i protocolli L2 continuano a ridurre le tariffe Le commissioni di transazione per swap sono scese a $ 0,001 in Optimism, $ 0,0005 in Base e $ 0,01 in Starknet. Arbitrum e altri L2 hanno annunciato il trasferimento a Dencun nel prossimo futuro. @CryptoBeckery

🥇 $65 million worth of Bitcoin positions liquidated within minutes following fake reports that BlackRock's iShares Spot Bitcoin ETF was approved. @CryptoBeckery

Did you know that Bitcoin is 10.32% more expensive in South Korea? There is a special term for this phenomenon, the “Kimchi premium.” It occurs when the value of a token on Korean exchanges rises above global prices. This happens due to high demand and activity from local South Korean investors. More often than not, a rising “Kimchi premium” indicates an overheated market. @CryptoBeckery

Crypto speak: Floor is lava 🌋 “Floor is lava” is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you can’t step on it. In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing. Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game). @CryptoBeckery

What is “astroturfing?” The term isn’t purely crypto, but in recent years, it has seeped into the blockchain world as well. It is the promotion of a product or service, such as an ICO, without disclosing a personal interest. Celebrities such as Steven Seagal and Floyd Mayweather Jr. have been fined by the SEC in the past for astroturfing ICOs. In other words, this is a situation where a celebrity who has received money for advertising “pretends” that they simply like the advertised project and recommend it to their audience. @CryptoBeckery

Crypto speak: SNAFU “SNAFU” stands for “situation normal: all f***ed up.” Participants in the market ironically describe the situation’s regularity and normalcy, which, at first glance, appears to be full of horror and the impending collapse of everything. For example, a SNAFU can be a failed deal, a major crypto exchange failure, or other scenarios where something went wrong. There is no need to panic because similar incidents have happened frequently in the cryptocurrency sector. @CryptoBeckery

Il Bitcoin ha superato il franco svizzero in termini di capitalizzazione di mercato, diventando la tredicesima valuta al mondo. @CryptoBeckery

Dopo l'aggiornamento Dencun nella rete Ethereum, i protocolli L2 continuano a ridurre le tariffe Le commissioni di transazione per swap sono scese a $ 0,001 in Optimism, $ 0,0005 in Base e $ 0,01 in Starknet. Arbitrum e altri L2 hanno annunciato il trasferimento a Dencun nel prossimo futuro. @CryptoBeckery

🥇 $65 million worth of Bitcoin positions liquidated within minutes following fake reports that BlackRock's iShares Spot Bitcoin ETF was approved. @CryptoBeckery

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💬 Who are you?

🌏 Arkham analysts have created a special dashboard that shows how much BTC each government holds - you can also view all transactions in real time. - The US holds $15.27 billion worth of crypto assets, including BTC 212,847 and 45,654 ETH. - The UK owns 61,245 BTC worth $4.34 billion. - Germany holds 49,859 BTC worth $3.53 billion. - El Salvador holds 5,718 BTC worth $405 million. Most of the crypto assets, with the exception of El Salvador, the government got confiscated. 📈Crypto_whales