CryptoAddicted

😍 Supply Shock: Bitcoin Changing Hand to Hand Dropped to Record Lows According to the latest report from Arcane Research, the Bitcoin supply shock continues as the number of coins changing hands dropped to 2015 levels. As you can see from the graph below, only 6.8% of the offer moved from one user to another in the last month, while the three-month figure is about 15.8%. The monthly supply of bitcoins is now at an all-time low, while the three-month supply is at the same level as in 2015. The recent break above $50K resulted in a slight increase in monthly supply, but this was mainly due to coins that were last sold in 1-3 months. Thus, only short-term holders looking to make a profit moved and sold their bitcoins. In turn, long-term holders have not moved their coins during the recent spikes. This situation means that they are waiting for the moment when the price will be higher before starting to move their assets for sale.

Ray Dalio: If Bitcoin succeeds, regulators and governments will crash it Speaking to CNBC on September 15, the Bridgewater founder once again admitted that he has dedicated a portion of his portfolio to Bitcoin. However, despite buying Bitcoin, the 72-year-old billionaire still has doubts about the future success of the cryptocurrency due to regulators and governments. Talking about the potential of Bitcoin, Dalio noted: "I think in the end, if bitcoin will become really successful, they will crash it or try to crash it." Dalio also raised the issue of El Salvador's acceptance of bitcoin as legal tender. However, he stated that this historical moment is not enough to confirm the status of BTC. On the contrary, other countries with much larger populations, GDP, etc. such as China and India are "trying to get rid of it." At the same time, the US is talking about how to regulate bitcoin and tighten control over the entire cryptocurrency space. What’s your thoughts?

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😱 Walmart says Litecoin payment announcement is fake A number of famous media outlets such as CNBC, Reuters, The Street, etc. posted relevant headlines, which resulted in LTC growth of nearly 30%. Cryptocurrency Litecoin lost 20% gain after a fake press release sent out by GlobeNewswire. A Walmart spokesman confirmed the press release was untrue.

Robinhood adds "auto-recurring purchases" feature (Kind of like monthly subscription thing) Robinhood has announced a new feature that will allow its customers to automatically purchase coins of $1 or more monthly, weekly, or even daily. According to Robinhood COO Christine Brown, the ability of investors to regularly acquire assets for small amounts is especially useful when it comes to crypto markets, which are highly volatile. In announcing this feature, Robinhood stated that any recurring feature will be provided without any fees, unlike other crypto platforms where transaction fees can be up to 4%

🔥🔥 IOTA Foundation will be one of the companies selected by the European Union to support the development of the blockchain initiative in Europe The initiative is supported by the European Commission for the development and testing of blockchain solutions for the single digital market. The IOTA Foundation will support the European Blockchain Services Infrastructure (EBSI) in international relations between governments, businesses and citizens for “digital management of educational data, establishing robust digital auditing, document tracking, SME financing, government-to-government data sharing and digital identity”. The nodes of the EBSI network will be managed by both the European Commission and individual EU states. Current and planned use cases include digital educational data management, reliable digital notarized control journals, SME financing, government-to-government data exchange, and European digital identity. After initial introduction in the EU, this technology can also go beyond it.

🤪 Mexican retail giant Grupo Elektra to allow Bitcoin payments According to a Twitter announcement made by owner Ricardo Salinas Pliego, Mexican retail and banking corporation Grupo Elektra will provide support for the Bitcoin Lightning network. According to the billionaire, the new payment function will appear in stores "very soon." Salinas Pliego is the third richest person in Mexico. His fortune is estimated at $15.4 billion. In November, the entrepreneur announced that he was investing 10% of his portfolio in bitcoin.

Today is a historic day! 😨

In Belgium, it will soon be possible to pay for parking using Bitcoin, Ethereum, Dogecoin and other cryptocurrencies Seety startup has launched a cryptocurrency payment feature for users in Antwerp and Brussels. Service users can now pay for parking using Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, DAI and US dollars. Instead of paying for parking directly, users exchange cryptocurrency for Seety loans through the company's digital app. The report claims that users can pay with cryptocurrency at no additional cost or commission. The app has over 355,000 registered users in Belgium and the Netherlands.

A post from 1 hour ago! 😏

😨 Binance ends support for Singapore dollar pairs, payments and removes its apps from Singapore marketplaces Binance will end its support for Singapore dollar (SGD) trading pairs on September 10. In addition, the SGD payment option will be removed from the website. The company will also remove its app from Google Play and the Singapore App Store. Earlier this week, the Monetary Authority of Singapore (MAS) ordered the exchange to stop providing payment services due to possible violations of local laws. Is here anybody from Singapore? 🇸🇬

🔥 More Ethereum was burned in the last 24 hours than issued When the EIP-1559 update went into effect, it was supposed to slow the pace of growth in ETH supply. But in the last 24 hours, the supply of ETH has not grown at all, it has decreased. More Ethereum has been burned on the network than it has been issued in the last 24 hours, which means there is less ETH available today than it was yesterday. Ethereum experts believe this is the first time this is happening. Since the code change took effect on August 5, over 190,000 ETH has been burned, which is the equivalent of $750,000. Ethereum is up over 50% in a month.

The number of Cardano millionaires increased by 173% According to information provided by data analysis platforms CoinMetrics and Messari, the number of Cardano wallets storing at least $1 million worth of ADA tokens has grown from 3,625 to 9,830. In addition, amid Cardano's growth of 1,455% YTD, the total number of ADA millionaires rose from 504 to 9,830 (i.e., 1,850%). Also, the number of Cardano wallets holding ADA tokens worth more than $10 million has grown to almost 1,000. On January 1, 2021, there were only 86 such wallets.

FTX has acquired the rights to the name of the football field FTX acquired the rights to the name of the University of California soccer field, which will now be called FTX Field at California Memorial Stadium. The company acquired the stadium naming rights under a 10-year contract for $17.5 million. “We are delighted to partner with one of the world's greatest universities and expand the presence of cryptocurrency in university athletics. This historic partnership will also enable us to collaborate on charitable initiatives that align with the core values ​​of our organization, ”said Sina Nader, Chief Operating Officer of FTXUS.

🤔 Mayor of Missouri town wants to give every resident $1000 worth of bitcoins Jason Stewart, mayor of Cool Valley, said he is raising funds to give each of the city's residents some bitcoin. Stewart said the project will be backed by several unnamed bitcoin investors. “I have several sponsors who have agreed to provide money in the amount of several million dollars. I am also trying to get government support, ”the official said. Stewart added that residents are not allowed to sell their bitcoins. The mayor said Cool Valley residents must keep the digital currency for five years before they can have full access to it. Stewart expressed confidence that the initiative will make Cool Valley and its residents wealthier.

🤯 Binance introduces mandatory KYC verification for all services! The head of the crypto exchange tweeted that the platform will oblige all new users to provide their data for verification. This is done to strengthen regulatory compliance and "to strengthen user protection and provide a secure crypto environment for all." From now on, all new users must go through interim verification to gain access to all products and services offered by Binance. This includes deposits and withdrawals, as well as cryptocurrency and futures trading. The accounts of existing users who have not yet passed the interim verification will only be able to withdraw funds, cancel orders, and close positions.

Dmitry Buterin says Vitalik joining the Dogecoin Foundation could turn DOGE into a better coin *Vitalik Butetin is a founder of ETHEREUM* Dmitry Buterin tweeted that the fact that his son Vitalik joins the Dogecoin board could make DOGE the best coin. He also added that his son solves problems, and does not deny them. Dmitry wrote all this in response to criticism about Vitalik's decision to officially side with DOGE. More about this will be on my SHIBA INU channel tomorrow!!

♨️DAO1 - DAO from Day 1 - NEW PROJECT WORTH TAKING A LOOK ♨️ DAO1 will be the first to implement a DAO Governance protocol from Day 1, where votes are capped to avoid centralization. They are currently listed on 5 Exchanges: Uniswap (ETH), SafeSwap (ETH), Quickswap (Matic), Bilaxy (ETH), and BarterTrade (CEX) At a max supply of 3.6 million, they currently have a circulating supply of 7,52% excl. liquidity, and 16,02% incl. Liquidity. Here is a brief introduction about DAO1: ▪️ Governance Protocol ▪️ The Decentralized Fund with Hybrid Advisory ▪️ Crypto Venture & Startup Fund ▪️ Incubator Platform ▪️ Charity Collectable NFTs ▪️ International Hackathon ▪️ Underwritings ▪️ Staking and Yield Farming (🚨Live🚨) Learn more about DAO1 Follow them on: Twitter | Reddit | Instagram | LinkedIn Join the DAO1 Community on Telegram DAO1 Announcements on Telegram

🤯 $350 Million SushiSwap Hack Just Prevented by Anonymous Dev Security expert of a high-profile VC firm Paradigm, who goes by the @samczsun name on Twitter noticed a discussion in Telegram between Ethereum developers about the MISO, a novel SushiSwap-centric token sale instrument. The white-hat hacker started checking the architecture of the project and noticed two functions with no access control and one function that had not been properly initialized. But then, he found way more sensitive bugs: due to the flaws in MISO Dutch Auction design, hypothetical malefactors were able to drain all the liquidity from the $350 million contract. To double-check his findings, Mr. Samczsun contacted his colleagues and SushiSwap CTO Joseph Delong. The developers decided to reach the team and offer them to finalize the auction manually by purchasing back all tokens available. As a result, all funds were saved in five hours.

🔥 Solana renews its historical maximum Solana (SOL) soared to an all-time high of $64.6, recording more than 37% gain on the day. Solana also made it to the top 10 largest cryptocurrencies by market capitalization. It climbed to $18.63 billion, overtaking Uniswap (UNI).