Crypto ₿usiness

🔥 Blackrock seeded their #Bitcoin🥇  ETF with $100k before launch. 🔥🔥 Blackrock seeding their #ETH🔵 ETF with $10m before launch. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

🇪🇺 Binance will restrict access to unregulated steblecoins for users from the European Union from June 30, 2024. As a reminder, on June 30, new MiCA rules for stackablecoins will come into effect throughout the European Economic Area. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

⚡️NEW: 🇺🇸 University professor on State of Wisconsin Investment Board buying $160 million of #Bitcoin ETF. “I think it’s just an entry point.” 🙌 @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

Telegram Wallet announced a change of service provider Cryptocurrency wallet Telegram Wallet has notified users of the need to update their data. As of May 30, WOT Global Solution Ltd will become the application's new service provider - the firm will have full access to users' personal data, including name, address, phone number, transaction data and more. Users have until June 3, 2024 to update their personal data in the service. Otherwise, they will lose access to all features except withdrawals. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

🚨🚨BREAKING: Donald Trump now holds 8 figures in memecoins. These holdings have been airdropped to him by developers of various memecoin projects - he did not buy them himself. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

🔷 Singapore's largest bank owns 173,753 ETH worth $650 million - 1.4% of the entire Ethereum supply. DBS Bank is the number one bank in Singapore with $547 billion in assets. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

Myth: Blockchains are destroying the environment. Let’s break down this claim. Indeed, proof-of-work blockchains, such as Bitcoin, are environmentally damaging because they need miners to function, and today’s mining farms are housed in huge hangars with endless rows of powerful equipment. It is important to understand that the entire banking industry (data centers, ATMs, office buildings) consumes much more energy than Bitcoin mining and, therefore, is more environmentally harmful. Gold mining, by the way, is also extremely energy-consuming and much more harmful than mining. However! A solution has long been found: Modern blockchains rarely use the outdated proof-of-work mechanism but instead operate the proof-of-stake consensus algorithm or others, which spend paltry (comparable to Bitcoin) amounts of energy that can not even be considered. Therefore, environmentalists should not demonize Bitcoin: Our usual airports and the entire aviation industry contribute more to the increase in carbon dioxide emissions. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

🤔The famous bitcoin critic Peter Schiff discusses what would happen if all American companies sold their assets and bought BTC?

What if all publicly traded U.S. companies sold 100% of their assets, went out of business, laid off all their employees, and spent the proceeds to buy BTC? Then each Bitcoin would be worth millions. The market capitalization of US stocks would skyrocket. We would all be rich.

Sarcasm or starting to suspect something? 😅 @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

💰 Mt. Gox Former CEO Mark Karpeles: Mt Gox Trustee Is Moving #Bitcoin to Different Wallets to Prepare for Distribution Expected This Year. @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰

Crypto Speak: Mining for compliments This isn’t a technical term, but “mining for compliments” is when someone actively demonstrates their successes or achievements in cryptocurrencies, hoping for positive reactions and praise from others. In other words, it’s crypto’s version of fishing for compliments. This can be anything from a successful trade to successfully launching your own blockchain project. There is nothing wrong with this, but we should keep in mind that modesty is a better look on crypto enthusiasts 😅 @𝙘𝙧𝙮𝙥𝙩𝙤_𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨💰