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A solo miner managed to single-handedly mine a block on the Bitcoin network and receive a reward of 3.125 BTC for doing so. The chance of getting a reward in this case is once every 3,500 years. 📱 Crypto Insider

Did You Know ❔ The first commercial bitcoin transaction was for pizza On May 22, 2010, a man in Florida paid 10,000 bitcoins (BTC) for two pizzas. This is generally recognized as the first bitcoin transaction for a commercial purpose. At the time, 10,000 bitcoins were worth about $40, making one bitcoin worth a little less than half a cent. If you had that number of bitcoins in April 2024, you'd be a bitcoin millionaire. 10,000 bitcoins have a market value of more than $708,500,000. 📱 Crypto Insider

Crypto Scam: Fake Telegram channels of well-known exchanges or projects Telegram continues to gain popularity among crypto enthusiasts, so we want to warn you about one rather dangerous fraud scheme. Attackers can convincingly reproduce the Telegram channel of a well-known exchange. They copy posts, maintain the channel for a long time, and even gain a similar number of subscribers as the official channel. After that, they start mailing to real subscribers with any kind of scam—from drawing cash prizes to entering a seed phrase for crypto wallets. Be careful and always check whether you are in contact with the official account of an exchange or a fake one. (And remember, official channels never DM you first!) 📱 Crypto Insider

🔫 Trump assassination attempt During Trump's speech, an assassination attempt was made on him. It's still unclear who it was and why, but the crypto president is fine. 📈 Bitcoin reacted to this event by rising to $60, where it is now trading, trying to consolidate at these values. Alta, of course, is roughly all standing still 😁 📱 Crypto Insider

What is copy trading? It’s a trading strategy in which a user (a copy trader) copies or mimics the trades of a leading trader (lead trader). In other words, you can go to a special platform, choose a successful lead trader based on their rating, and repeat their trades. And many platforms allow you to automate this process. The pros and cons of copy trading are quite obvious. On the plus side, it’s easy to enter the world of trading, and there is no need to learn complex trading skills. On the downside, however, no trader is successful 100% of the time, and of course, there are no guarantees of profitability. 📱 Crypto Insider

Mining pool F2Pool reported that with electricity costs at $0.08 per 1 kWh, mining bitcoin with ASIC devices with an energy efficiency of less than 23 W/T (watts per terahash) becomes unprofitable. According to F2Pool's calculations, four types of Antminer devices and one device from Avalon remain profitable at bitcoin prices above $53.1k. The operation of all other devices has become unprofitable due to the fact that energy costs exceed revenue from mining. 📱 Crypto Insider

❗️Elon Musk Announces JARVIS-Inspired xAI Grok 2 AI Chatbot Release Date Elon Musk reveals that release dates for xAI's Grok 2 AI chatbot and its successor Grok 3 with advanced artificial intelligence capabilities after training on Nvidia GPUs. 📱 Crypto Insider

Billionaire Stanley Druckenmiller calls Bitcoin “gold for the young.” 😎 Billionaire Stanley Druckenmiller expressed his opinion in a podcast that young people look at the world’s biggest cryptocurrency as a means of savings, which, for previous generations, was gold. At the same time, he noted that he does not currently own Bitcoin but “should.” What do you think? Is Bitcoin really gold for the young? 📱 Crypto Insider

💎 Playing and claiming rewards from the P2E game Bears Rumble ICO (https://bearsrumble.com/) ⚡️ Bears Rumble ICO is an exciting P2E game in which we will have to play as a bear and with the help of alien technology to overcome the game obstacles by completing quests. The project has CERTIK certification. Later game assets will turn into NFTs, which we will be able to exchange and sell, with 20% of our tokens to drop our players. ⭐️ The project has not been released yet, the presale is planned in 3.5 months, so now you can join us on our social networks to become early users and participate in our activities. Subscribe to Telegram (https://t.me/BearsRumble), Discord (https://discord.com/invite/bearsrumble)keep an eye on our Official website https://bearsrumble.com/

Solana Surges with Nearly Half a Million New Tokens last month. The Solana blockchain saw the creation of nearly 455,000 tokens in May, significantly outpacing other networks. For comparison, Ethereum Layer 2 Base had 177,000 new tokens, BNB Chain had 39,000, and Ethereum mainnet and Layer 2 networks Arbitrum and Optimism each had fewer than 20,000 tokens. Solana's popularity for token creation stems from its low transaction fees and high throughput, making it an ideal platform for mass token creation, especially memecoins. Tools like Pump.fun have further lowered the entry barriers, contributing to over 1.1 million new tokens on Solana this year.

The Power of Issuance Issuance is the lifeblood of any cryptocurrency, dictating the creation and distribution of new coins according to predefined economic rules. This process is pivotal for controlling the supply of the currency and its impact on the overall economy. Take Bitcoin, for example. Bitcoin’s issuance is managed by a decentralized network of nodes adhering to a fixed protocol. Each time a new block is added to the blockchain, a certain number of new Bitcoins are created and awarded to the miner who solved the complex mathematical puzzle, thereby securing the network. Issuance is vital for regulating the money supply, preventing inflation, and maintaining the currency's value. It also underpins new economic models, such as proof-of-stake and decentralized finance (DeFi), which depend on the issuance of new tokens to operate. By understanding issuance, we gain insight into the dynamics of cryptocurrency economies and their potential to transform the financial landscape.

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How the U.S. election affects the $BTC chart High-profile events often bring adjustments to the market, the chart shows that before the election there is usually a slight upward trend, and also after the election the trend is upward. And this happens because the old administration fluffs the markets to show their power and prosperity under them. The new administration also needs to prove themselves and show the people that they made the right choice. The geopolitical uncertainty immediately after the election has a lot of impact and investors have to look for protective assets. As a reminder, new elections in the USA will be held on November 5, 2024. 📱 Crypto Insider

How to Spot and Avoid Honeypot Scams? Honeypot scams lure unsuspecting investors with tempting offers, only to trap their funds. Here’s how to recognize and evade them: 1. Deceptive Offers: Scammers often promise quick profits or highlight vulnerabilities in smart contracts to attract investors. 2. Trapping Investors:Once funds are deposited, scammers lock them in or prevent withdrawals, effectively stealing the money. 3. Anonymous Developers:Honeypot creators frequently remain anonymous or use pseudonyms, making it difficult for victims to hold them accountable. Prevention Measures: To avoid falling victim to honeypots, it’s crucial to conduct your own research (DYOR) and stay informed. Monitor project updates and be wary of offers that seem too good to be true. Stay vigilant and protect your investments.

Welcome to Bears Rumble ICO, an exciting play to earn game project that offers players a unique gaming experience and the opportunity to earn rewards!! CERTIK CERTIFICATION https://bearsrumble.com/

🌱What is Yield Farming? Yield farming, also known as liquidity mining, is a lucrative practice in the cryptocurrency space where users provide liquidity to decentralized finance (DeFi) protocols in exchange for rewards. By locking up their crypto assets in a smart contract, users facilitate trading on decentralized exchanges or lending platforms, earning additional tokens or a percentage of transaction fees. Example: One provides liquidity to a DeFi protocol by locking up their Ethereum, earning 5% annual interest in the form of additional tokens. This passive income stream allows them to grow their crypto wealth without actively trading. Yield farming offers a unique opportunity to earn passive income and contribute to the DeFi ecosystem. However, it's crucial to carefully assess the risks and rewards associated with each protocol to ensure a successful harvest.

Crypto Speak: Wholecoiner A “wholecoiner” is a person who has at least exactly 1 whole BTC. Considering that the world’s population is already at 8 billion and there will be 21 million Bitcoin in total (of which analysts believe 3 million–5 million is lost forever), there won’t be enough Bitcoin for everyone. Think about about that…😅🚀

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🥇 Bitcoin is the easiest way to become a millionaire, says Robert Kiyosaki.

Making millions as an entrepreneur is difficult. You have to be very smart, motivated and lucky to become a millionaire and start your own business. Bitcoin does all the hard work for me. That's why I love bitcoin.

🚫Ilon Musk has said he will ban all Apple devices from his companies if Apple integrates OpenAI at the OS level. Musk believes that OpenAI in iOS is creepy spyware. 📱 Crypto Insider