99 Bitcoins

RECENTLY: Elon Musk says Tesla could be worth $30 trillion one day, driven by AI and robotics. 🪙 99Bitcoins

Ethereum-ETF spot Ethereum-ETF launch date postponed to July 2 - Eric Balchunas Bloomberg Intelligence analyst Eric Balchunas said that the launch date of spot Ethereum-ETFs has been moved to July 2. He noted that this happened after issuers of such products received comments on Form S-1. 🪙 99Bitcoins

The famous notepad with “Buy Bitcoin” written on it is being auctioned off for 2.1 BTC ($140,000). In 2017, when BTC was trading at $2,300, Christian Langalis appeared at Janet Yellen’s speech in front of Congress, during which the intern held his notepad for a few seconds in front of the cameras, which was broadcast live, before he was promptly escorted out of hearing 🪙 99Bitcoins

Apple is again the world's most expensive company, Microsoft and Nvidia are catching up The calculator puts everything in its place🤝 🪙 99Bitcoins

Top 10 Projects by TVL on Mantle INIT Capital - $122M Pendle - $117M Karak - $92.4M Merchant Moe - $83.1M Agni Finance - $56.8M Ondo Finance - $41.6M Puff Penthouse - $34.4M Stargate - $33.4M Lendle - $21.8M MethLab - $16.6M 🪙 99Bitcoins

Is Bitcoin a bubble? For years, people worldwide have been asking a pertinent question about the crypto industry: Is Bitcoin a bubble? Let’s try to figure out whether there’s some truth to this or not. Firstly, a “bubble” in the financial world is when assets are overpriced and carry zero intrinsic value (or offer very little). Facts to know about Bitcoin: ▪️ It has a limited supply of 21 million coins. Unlike fiat currencies, of which governments can print an infinite amount, causing inflation, Bitcoin’s supply will never be altered or manipulated (you can thank Satoshi Nakamoto for baking that rule in Bitcoin’s code). ▪️ It’s decentralized. Bitcoin is a decentralized network, meaning no single entity, corporation, or government can control it. This, in turn, makes it impervious to censorship and manipulations. ▪️ Innovative technology. Blockchain technology, which is Bitcoin’s underlying technology, has the potential to revolutionize myriad industries, from finances to supply chains. The technology is still in its infancy; however, its value is expected to increase exponentially as it expands and permeates more industries. ▪️ Increasing awareness. More enterprises have begun accepting Bitcoin as a payment method, making a case for the predominant cryptocurrency’s legitimacy as a means of payment and transferable value. ▪️ A secured asset. Bitcoin is often called “digital gold,” serving as a safe haven from economic uncertainty and a store of value. Since economies worldwide have been facing turmoil and volatility, investors have been seeking alternatives to traditional assets and turning to Bitcoin. Crypto proponents believe that Bitcoin and blockchain technology will continue to develop. But until Bitcoin and blockchains have better use cases (which improve and expand every year), we can only look at cryptocurrencies optimistically while using the word “bubble” with caution. 🪙 99Bitcoins

ZKsync "did not identify any serious problems" in airdrop distribution The ZKsync team has published an FAQ in which they have collected answers to some questions from the community regarding the airdrop of ZK tokens. In particular, the developers explained why addresses with zero transaction history are eligible for the drop. - 17.5% of the entire ZK offering was allocated for the drop. 89% will be given to users, 11% - to participants who contributed to the development of the project; - activity in ZKsync networks was an optional condition for participants to get the drop. This is how the organization explained why addresses with zero transaction history fit the criteria for the giveaway; - some users received less than others due to cost scaling. This figure is directly related to how much assets were sent to the ZKsync Era network and how long they were held; - addresses with more than 100,000 ZK are participants who were rewarded as both users and participants; - the developers "have not identified any major issues," which may indicate that there are no plans to recalculate rewards. 🪙 99Bitcoins

MicroStrategy plans to sell $500 million in convertible senior notes. The proceeds will be used to buy bitcoins and "for general corporate purposes." 🪙 99Bitcoins

Argentina is buying up Bitcoin. Argentina has set a 20-week record for buying BTC on local exchanges; people are protecting themselves from inflation, which has hit the 276% mark. You’re aware that one of Bitcoin’s global goals is to become a store of value like gold. In times of turmoil, people want to save their savings, but buying dollars or gold is not possible in all countries due to regulations or, for example, the difficulty of registering on investment platforms. Bitcoin solves all these problems: You can open any exchange, buy some BTC, and transfer it to your blockchain wallet. Even today, we are already seeing this in real-time by following the behavior of Argentinians. BTC is the digital gold of the future 🚀 🪙 99Bitcoins

📊 Apple's #AAPL $215 Billion market cap increase today was the 3rd largest single day market cap increase in stock market history 🥇 Nvidia #NVDA Feb 2024: +$277B 🥈 Nvidia #NVDA May 2024: +$218B 🥉 Apple #AAPL Jun 2024: +$215B 🪙 99Bitcoins