Crypto News & Update

NEW: 🏛 Franklin Templeton CEO underscores the importance of Bitcoin in protecting individuals from asset seizure by governments 💪 “There is a fear component to it that is considered almost an insurance or a safety component.” - Jenny Johnson. 📈[] @ftucrypto

40% of the cryptocurrency content on Telegram turned out to be fraudulent. Of the 22,000 digital asset-related posts published in 2023, 9,000 were flagged as suspicious and subsequently deleted, according to a report by Angara Security. To lure users, fraudsters use phrases such as “earn now,” “path to success,” “financial independence,” “official channel,” “smart investments,” and “crypto farm” in the names of public channels. Such channels usually offer courses on cryptocurrencies and investing in digital assets and advertise investor groups and channels, crypto wallets, hidden ads for various platforms, discounts, and bonuses. Be very careful, friends 😎 📈[] @ftucrypto

💰 According to Lookonchain, Grayscale currently holds 566,973 BTC($23.21B), sells ~52,227 BTC ($2.14B) since the ETF approval. iShares (BlackRock): 33,431 BTC Fidelity: 24,857 BTC Bitwise: 10,152 BTC ARK21: 7,565 BTC Invesco Galaxy: 4,619 BTC VanEck: 2,207 BTC Valkyrie: 1,737 BTC Franklin: 1,160 BTC 📈[] @ftucrypto

JUST IN: Apple plans to launch self-driving electric car in 2028, Bloomberg reports. @ftucrypto

JUST IN: BlackRock’s head of ETFs says they have seen a major influx in Bitcoin interest and it has traded $3.5 billion since launch. @ftucrypto

Grayscale owns 88% of all bitcoins placed in spot ETFs. The market is now reallocating assets by directing them to ETFs from BlackRock and Fidelity, but that will take time 🥇 BTC started the week with another test of support at $40k. The next stop beyond that is the $37k-$35k range, the likelihood of such a correction is hinted at by BB on the weekly chart 🌡 Bitcoin supporter, CBDC opponent and Florida Governor Ron DeSantis has withdrawn from the US presidential election in favor of Trump. And the talk was... 🙁 The SatoshiVM token team is selling its own tokens. Already realized $1.2 million worth of coins, SAVM rate minus 6% 😩 LUNA and UST developers Terraform Labs filed for bankruptcy 🕶 📈[] @ftucrypto

JUST IN: 🇷🇺 🇮🇳 Russia & India partner to create a "digital economy." @ftucrypto

How to steak Cosmos for triple profit 👀 Steaking is a popular way to generate passive income in cryptocurrencies, but in the case of Cosmos, it can bring triple benefits at once. ▫️ If you believe ATOM will rise in value in a bull market, you'll profit from the investment. ▫️ Your ATOM won't sit idle waiting for the Cosmos, but will earn interest from steaking. ▫️ New projects in the Cosmos ecosystem often start by giving away tokens to ATOM holders. How to steak Cosmos: ▪️ Install the Keplr wallet. ▪️ Buy ATOM on CEX or DEX and send it to your address. ▪️ Go to your Keplr steaking panel and add coins (do not select CEX validators). ▪️ Receive income and wait for drops. 📈[] @ftucrypto

What is volatility? Simply put, volatility is the up-and-down “jumps” of an asset; it is a measure of how much the price of a cryptocurrency changes in a short period of time. In cryptocurrencies, volatility is particularly high, which means sudden and frequent price changes. This can be both an opportunity for high profits and a risk of loss. It is important to always take this factor into account; however, you’ve probably already realized that =) 📈[] @ftucrypto

🌱 NEW Info: Growth and Sustainability in Bitcoin Mining 🌱 📈 In 2023, the Bitcoin mining network expanded by a massive 90%, sparking discussions about its environmental impact and profitability. This growth raises key questions about efficiency and energy costs. 🔍 A closer look reveals that the average cost of producing one Bitcoin stands at $37,856. 💡 Enhancements in Mining Network Efficiency: Despite the increasing demand for energy, significant strides in efficiency have been made. Current analyses show an average network efficiency of 34W/T, with predictions of a reduction to 10W/T by mid-2026. 🌍 Bitcoin Mining and Its Environmental Impact: Bitcoin mining often taps into underutilized energy sources, typically in remote areas. Currently, about 53% of the energy used for Bitcoin mining comes from sustainable sources. 📈[] @ftucrypto

JUST IN: 🇺🇸 President Trump says Vivek Ramaswamy told him about the dangers of a CBDC and promises to never allow it if elected. @ftucrypto

JUST IN: Bitcoin falls below $40,000. @ftucrypto

JUST IN: MrBeast says his first video on X made over $250,000. @ftucrypto

BTC price development scenario after ETFs 📈[] @ftucrypto

JUST IN: Jim Cramer says it's "unlikely that Bitcoin finds its footing." @ftucrypto

JUST IN: 🇺🇸 Senator Elizabeth Warren gets community noted after claiming nations are using crypto to dodge sanctions and undermine national security. @ftucrypto

Traders' interest has shifted to Ethereum, despite Bitcoin dominating a week ago 📈[] @ftucrypto

JUST IN: Crypto․com says global crypto owners grew to 580 million in 2023. @ftucrypto