99 Bitcoins

There are a total of 617 million cryptans in the world There are about 617 million cryptocurrency owners worldwide, according to a16z report. Of these, between 30 million and 60 million are monthly active users of digital assets. 🪙 99Bitcoins

Crypto scam: Phishing “Phishing” is a cyberattack when scammers gain access to your passwords, seed phrases, and private keys. Phishing works like this: Scammers create websites and services that are carbon copies of existing crypto resources. These scammers hope that you won’t pay attention to the URL and click on their links. Seeing the familiar interface, you connect your wallet or log in and lose your coins. Therefore, it is necessary to be vigilant in the crypto world! Always double-check the URL of the site you are visiting and make sure that it is the official site. Be careful with emails or messages asking you to provide private keys or other personal information. (Reliable companies will never ask for this, and always double-check the email address.) Also, be wary of investment offers that are too good to be true and require you to top up your account with cryptocurrencies. In general, you must pay attention to these details — they could help protect you against phishing. 🪙 99Bitcoins

⚪️ ETH may not rise to $22,000 by 2030 due to Ethereum's adoption of Layer 2 L2 networks Ethereum's changing fundamentals and growing adoption of Layer 2 networks could significantly impact the future price of ETH and deprive the asset of trillions of dollars in potential market capitalization. If things in Ethereum continue as they are now, the price of ETH will rise to $7300 instead of $22,000 by 2030 - VanEck. 🪙 99Bitcoins

🟠Bitcoin is the sixth largest monetary asset in the world 🪙 99Bitcoins

How blockchain can affect the healthcare sector. Blockchain technology is ready to disrupt and completely change how we perceive medical data storage and medicine. Blockchains offer unique technological capabilities that no centralized company can offer today. Let’s dive into some examples: 1. Medical records management: A unique electronic medical records platform can be created on a blockchain. Patients can provide encryption keys only to selected medical specialists, completely securing their data (remember that it’s almost impossible to hack such data in the blockchain). 2. Using smart contracts to process insurance claims: Smart contracts can be programmed to automatically execute insurance payments when certain conditions are met. For example, if a patient’s medical record confirms that a particular treatment has been performed, the smart contract automatically makes a payment, reducing processing time and preventing possible fraud. 3. Pharmaceutical supply chain: Blockchains can be used to create a transparent system for tracking medicines from manufacturer to consumer. Each link in the supply chain will be registered in the blockchain, allowing you to track the origin of each medicine shipment and eliminating the possibility of counterfeits. These are just some of the ways to use blockchain technology in medicine — in fact, there are many, many more opportunities and ideas. 🪙 99Bitcoins

🇪🇺 JUST IN: The European Central Bank lowers its key interest rate by 0.25%, bringing it down to 3.25% 🪙 99Bitcoins

💰 Metaplanet $BTC holdings go up only 📈 🪙 99Bitcoins

Our courses We want to remind you that you can find as many as seven short free courses for crypto beginners on our website. They’re simple, fun videos, and you can take a final test at the end of each section. After completing all seven blocks, we guarantee you will understand blockchains better than 99% of your friends (and, perhaps, better than 90% of the world’s population 😅). 🪙 99Bitcoins

JUST IN: 💰 $800 billion Standard Chartered says #Bitcoin could hit a new ATH before the US election 🚀 🪙 99Bitcoins

📊 The gain you need to fully recover from a loss. Many of you might not need this right now, but hopefully, 🪙 99Bitcoins

The way blockchains are changing the world: decentralized social networks. The beauty of blockchain technology lies in its ability to create a decentralized system that provides privacy, data control, and monetary rewards for its users. Blockchain-based decentralized social media platforms based takes away the monopoly of giant technology corporations over user data. Users will no longer have to worry about their data being collected or sold without their knowledge or consent. Instead, blockchains return the power to users, who can control how and to whom their data is transferred or sold. In addition, these platforms can offer rewards in the form of tokens, stimulating user participation and the creation of high-quality content. Ultimately, blockchains can not only change but also revolutionize the world, starting with social networks. Decentralized platforms can help create a securer, more transparent and more inclusive digital environment. 🪙 99Bitcoins

🟠CEO BlackRock said that BTC's fate does not depend on the outcome of the upcoming US election and regulation, and believes Bitcoin will become as huge as the US housing market.

Bitcoin is an asset class in its own right

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NEW: 💰 On average #Bitcoin bull cycles begin 170 days after the halving, meaning the bull run could start this month 🐂 🪙 99Bitcoins

Crypto speak: Bitcoin maximalists Bitcoin maximalists, or “maxis,” are people who believe that Bitcoin (BTC) is the only necessary cryptocurrency. They view BTC as the truest form of digital currency that follows the original philosophy of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Bitcoin maximalists often claim that the decentralization, finite supply, and security of Bitcoin make it the ultimate digital store of value — or, as many call it: “digital gold.” They usually consider other cryptocurrencies, or “altcoins,” inferior or unnecessary, believing that Bitcoin will eventually lead in all blockchain use cases. Do you think we need other coins besides Bitcoin? 🪙 99Bitcoins

🐹 The world's most popular youtuber MrBeast scammed his subscribers for more than $10 million by advertising little-known shields that he pummeled and then dumped. Some of the tokens advertised by MrBeast lost more than 90% of their value. In addition, the blogger was accused of manipulation, as he overstated the real amounts of his investments in these projects - for example, he invested $100,000 in SuperVerse, not $9 million, as he claimed. 🪙 99Bitcoins

🇺🇸 BILL MILLER: 💰 “Bitcoin is the only economic entity where the supply is unaffected by the demand.” There can only be 21 million #Bitcoin. 🪙 99Bitcoins

Crypto scams: Cryptojacking Cryptojacking is a malicious activity whereby a hacker secretly uses your computer for mining🙂 It can happen while browsing the internet, watching a movie, or just leaving your device idle. The worst thing is that these scammers sneakily do this in the background, silently consuming your system’s resources. Of course, cryptojacking is possible if you download malware from unverified sites. However, it’s easy to protect yourselves from cryptojacking: Install an antivirus program and never download suspicious files or data. In fact, you can download a special browser extension that will check your computer for cryptojacking—so there’s no need to worry that someone is mining from your PC right now =) 🪙 99Bitcoins

Derivatives metrics group: 1️⃣ Futures Perpetual Funding Rate This mechanism ensures that the price of a futures contract remains close to the price of the underlying asset. Traders either pay or receive funding to/from the opposite side to keep the contract price aligned with the index price. Positive Funding Rate: Indicates more long positions; traders are generally optimistic. Negative Funding Rate: Indicates more short positions; traders are generally pessimistic. Current situation: On March 31, 2024, the Perpetual Funding Rate (90d) reached its highest value within the current upward trend for Bitcoin. From April 1 to May 10, 2024, the metric showed continuous decline, indicating a local decrease in the number of long positions. Globally, the metric remains above "0", suggesting a positive funding rate and more long positions compared to short ones. The Futures Perpetual Funding Rate has stayed positive for over 430 consecutive days, showing that participants have grown accustomed to BTC's growth. The excitement peaked in late March with record high funding rates within the upward trend, but has since started to decline. Although participants continue to open long positions, the intensity has reduced compared to a month ago. Overall, the number of long positions remains high, reflecting very bullish and optimistic sentiments. Rating: 5/10 in favor of buyers. The Derivatives metrics group highlights a significant trend in the Futures Perpetual Funding Rate, which reached a peak on March 31, 2024, before continuously declining from April 1 to May 10, 2024. This indicates a local decrease in the number of long positions, but the metric remains positive overall, suggesting more long positions than short ones and a generally bullish sentiment among traders. The positive funding rate for over 430 days indicates sustained optimism towards Bitcoin's growth. Although the intensity of opening long positions has decreased, the overall number of open long positions is still high, reflecting a very optimistic market sentiment. 🪙 99Bitcoins

What is a DAO? A DAO, short for “decentralized autonomous organization,” is an innovative concept that revolutionizes the idea of cooperation and decision-making. Simply put, a DAO is a digital organization built on a blockchain platform where rules and decision-making are governed by smart contracts. Imagine a company without a traditional hierarchy or management structure, where everyone has the right to vote, and decisions are made collectively by the community. This is the beauty of DAOs: They allow people to join forces, pool resources, and work together to achieve a common goal in a transparent and democratic way. DAOs can be created for any purpose, from managing investment funds to organizing a decentralized market. The potential of DAOs is huge because they can restructure industries, redefine governance, and promote a new era of cooperation and innovation. Cryptocurrencies and NFTs are just the tip of the iceberg of opportunities that blockchain can offer us. 🪙 99Bitcoins

🐹The hamsters have been shaved again - in one day BTC fell below $59 thousand and rose above $62 thousand. During this time, small crypto investors were scared into selling 24,100 BTC ($1.5 billion) at a loss! 🪙 99Bitcoins