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Cryptoaddicted - Daily Crypto News that you will regret missing! 💸 Disclaimer: This Channel is not a Financial Advisor and does not encourage you to invest in any Cryptocurrency. The content posted here is for entertainment purposes only!DYOR!!!
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😳 Myanmar’s Shadow Government Adopts Tether as Official Currency
The National Unity Government said via a Facebook post that it now accepts USDT.
Myanmar’s shadow government, the National Unity Government (NUG), made up of ousted leader Aung San Suu Kyi’s supporters has recognized stablecoin tether (USDT) as its official currency, according to a Bloomberg report on Monday.
NUG’s Finance Minister Tin Tun Naing said in a Facebook post that the NUG will now accept the dollar proxy, USDT, for “domestic use to make it easy and speed up the current trade, services and payment systems,” Although NUG holds no official power, it declared war against Myanmar’s junta, a government led by military leaders, in September. The junta came to power earlier this year after a military coup. In May 2020, Myanmar’s central bank declared all digital currencies illegal. Hence, NUG’s adoption of tether appears to be an act of defiance.
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🔥 Only 10% of the total Bitcoin supply remains to be mined!
The total amount of Bitcoin in circulation (BTC) has reached an important milestone. Today 90% of the maximum total supply was mined.
BlockchainCom's current data shows that there were 18.899 million bitcoins in circulation as of Monday. This means that only 10% of the total supply of the coin remains to be mined. While it took about 12 years to mine the first 90% of BTC, this 10% will take a little longer.
Bitcoin has a limited supply of 21 million coins set by its anonymous creator Satoshi Nakamoto. This limitation is written in the source code of the asset and is enforced by the network nodes. This limitation is critical to its value proposition as a currency and investment vehicle.
It will take 119 years to complete the bitcoin mining process, as the rate of production of new coins is halved every four years.
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🔥 SAFEMOONV2 is live!
(As well as some new features in the wallet)
Website: https://safemoon.net
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Safemoon team started working on solving this problem!! 👍👍
(Note: BitMart is one of the major exchanges that list Safemoon token)
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Yahoo, the first ever Shiba Inu Pup NFT was sold!!!!
➡️ What’s Shiba Inu Pups NFT?
Welcome to Shib City, the universe of unique Shiba Inu Pups! 10,000 of these lovable pups are waiting for you to make them your pets. And in return, each of them will bring you happiness and wealth!
These lovable pups range from regular workers, to superheroes, to supervillains, actors, singers, sportsmen, movie characters, cartoon characters, anime characters, even book characters!
Whatever your personality, you can be sure that there’s a Shiba Inu Pup in Shib City that’s just right for you!
➡️ What point in buying those NFT?
- 10% goes to shiba inu burn wallet!!
- Daily promotion (means there will always be the demand, so you can sell your pup whenever you want)
- Enlarging the floor price every month, means early investors will profit the most (If their goal is to resell for profit)
Grab your one today, and let’s help Shiba Inu to hit $1 by BURNING the supply!
OpenSea: https://opensea.io/collection/shibainupups
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🔥 Research: Solana Network is Greener than Google Network
According to a report by the Solana Foundation, a single transaction on the Solana network requires 1,836 joules of energy. Interestingly, the report presents many comparative characteristics of the activities of different objects, which are much more energy intensive. A single Google search is reported to consume about 1080 joules of energy. Thus, two queries to Google consume more energy than one transaction on the Solana network.
In addition, a transaction in Solana also requires 24 times less energy than charging a mobile phone. The mains also requires less energy than an LED light on for one hour. It is also interesting that working on a computer for an hour with the monitor turned on requires 46,800 joules of energy.
In addition, the entire Solana network only consumes about 3,186,000 kWh per year. This is equivalent to the average electricity consumption of 986 US homes.
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🔥 1,000,000 ETH burned on the Ethereum network
The Ethereum network has reached the important milestone of 1 million burned coins.
But so far, Ethereum has not reached the long-awaited deflation and the network is still issuing more coins than it burns.
The combustion mechanism itself was introduced in the EIP-1559 update, which was launched back in August. At the moment, the total amount of coins burned is estimated at $ 4.2 billion. Thanks to NFT and DeFi, the speed of network usage is constantly increasing, which has contributed to such a significant burning in such a short period of time.
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El Salvador to launch a Bitcoin city backed by $1 billion bitcoin bonds
The initiative, called Bitcoin City, was announced by President Bukele at the Bitcoin Week in El Salvador, which aimed to celebrate the widespread adoption of Bitcoin in the country and increased citizen participation.
“At BitcoinCity, we will have digital and technological education. Geothermal energy for the entire city and efficient and sustainable public transport” - Bukele said in a statement.
Well-known crypto companies will actively participate in the development of Bitcoin City, including the cryptocurrency exchange Bitfinex and Blockstream.
The president expects Bitcoin City to become a fully functional city with residential areas, shopping malls, restaurants, a port, "everything around Bitcoin." In addition, residents will only be charged value added tax (VAT), which Bukele said will be used to pay the municipality's bonds, while the remainder will be spent on public infrastructure and city maintenance.
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🕵️♂️ No Time To Die 🕵️♂️ - NTTD token - James Bond Inspired BSC TOKEN - Doxxed Dev (video) - Unique Tokenomics
NTTD token is a project made by
Bond fans, FOR Bond fans.
This community driven project will feature a full-fledged NFT Marketplace in which film and crypto fans can mint, buy, swap, and sell their very own NFTs.
The main function of the $NTTD token itself is to fuel the ecosystem of the marketplace, as one of the main currencies along with BNB smart chain.
The market cap is currently only $68k and this is a project with HUGE goals and ambitions, so it goes without saying that this will not last.
Tokenomics:
- 0% tax on buying and selling.
- 20% in PCS LP.
- 15% burnt.
For your safety:
- 🔒 Liquidity locked for 30 years.
- Ownership fully renounced.
- 🕵️♂️ Dev fully doxxed, with video proof in the telegram chat. No anonymous owners!
- 📈 NFT Marketplace + Nodes released fully at 30M market cap.
- 📝 KYC audits to be released ASAP.
- Multiple exchange listings at 100M market cap, including gate.io
- Complete website revamp.
- Regular voice chats hosted in the telegram chat.
Socials:
🌐 notimetodie.me
🐦https://twitter.com/nttdtoken
💬 https://t.me/notimetodiechat
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Binance CEO said he intends to donate up to 99% of his fortune to charity
Binance CEO Changpeng CZ Zhao said he intends to donate up to 99% of his fortune, as many businessmen do.
“I really intend to give away most of my fortune, as many wealthy entrepreneurs and founders have done from Rockefeller to this day. I'm really going to give away 90, 95 or 99% of my fortune, ”Zhao told the Associated Press.
CZ also said that he is personally financially free and does not need a lot of money.
His net worth is about $2 billion. He is also the largest shareholder of the Binance exchange, which is estimated at approximately $300 billion.
In addition, Zhao revealed that he only owns bitcoin and Binance exchange coins (BNB). He first bought bitcoins in 2014 and has kept most of it. He added that most of his net worth is in BNB. Zhao does not hold any other cryptocurrency to avoid "any potential conflicts of interest."
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🤯 Robinhood COO finally breaks silence on Shiba Inu listing
The Robinhood COO Christine Brown finally addressed Shiba Inu during her interview today with Yahoo Finance. She praised the superstar meme coin for its tremendous community support, but also added that Robinhood can’t talk about its listing strategy on a public platform.
Christine also mentions that Robinhood loves to interact and listen to the community. Over the past month, the SHIB community has been consistently engaging Robinhood to list Shiba Inu. There is a petition on Change.com for Robinhood to list SHIB, which has more than 500,000 signatures.
However, Christine also said that Robinhood’s crypto listing policy is very different from others. ‘We’re a safety-first company’ she says. Robinhood wants to consider the long-term values of a coin and assess the regulatory perspectives around it before listing it on their exchange. So, their approach with Shiba Inu won’t be any different.
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🤑 Reddit plans to attract new users to the cryptoindustry through tokenization of karma
A Reddit engineer tweets about the company's plans to create a system for converting user karma into tokens based on Ethereum.
❓Karma is a way to measure a user's overall contribution to the Reddit community. There are up and down buttons next to every Reddit post or comment. "For" increases the indicator of karma, "against" decreases it.
According to the author of the tweets, such a solution will attract 500 million new users to the crypto industry.
Your thoughts?
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Elon Musk is considering selling Tesla shares for $25 billion. Michael Sailor offered him to buy bitcoin with this money
Elon Musk published a poll on Twitter, in which he asked his followers whether he should sell 10% of his Tesla shares (this is equivalent to $25 billion).
Musk's poll has 3 million votes at the time of writing, with 57% of participants supporting the proposal. Voting will continue for another seven hours.
In a follow-up tweet, the Tesla CEO announced that he would choose the winning poll answer.
In turn, MicroStrategy CEO Michael Sailor wasted no time complaining to Musk about spending all this money on Bitcoin, arguing that it would protect Tesla from inflation.
“If diversification is the goal, an alternative strategy to consider is converting the USD TSLA balance sheet to Bitcoin with a $25 billion purchase. This would provide diversification, inflation protection and other tax efficiency benefits for all investors.” posted by Sailor.
Will it crash TESLA stocks price?
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🤪 More than two million wallets are recorded on the Cardano network
As of November 2, the Cardano community has witnessed a rise in the total number of ADA wallets to two million.
The previous record high of one million was reached at the end of May this year. As of January 1, there were only 203,519 wallets in the ADA community. Thus, by May 23, the number of wallets has grown fivefold, and since May, the figure has grown by another million.
🚀 Safemoon - 2.8M holders (800’000 more than Cardano)
🐶 Shiba inu - 900’000 holders
Choose your crypto!
Cardano/Safemoon/ShibaInu
#Shib #Safemoon
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SHIBA INU TO BE ACCEPTED IN TESLA?
Recall in Tesla’s September quarterly filing with the SEC; the company mentioned that they might “in the future restart the practice of transacting in cryptocurrencies.” As part of the move to reinstate the crypto payment service, Tesla added Bitcoin and Shiba Inu to their website’s payment processing system code, although the functions are currently not live.
#Shib
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A huge Shiba-Inu billboard appeared in Times Square
A giant Shiba-Inu digital billboard has appeared in Times Square in New York.
The display reads: "We will soon reach the moon."
Safemoon has also been there, on Times Square in this year.
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🤣 CryptoPunk NFT was sold for $532 million
CryptoPunk 9998 received a sell alert for over 124457 ETH or $532 million.
Considering that CryptoPunk's record sale for the entire lifetime of the project was $11.8 million, and the current industry-wide record held by artist Beeple is just over $69 million, this immediately attracted the attention of the community. Some began to suspect the participants in the transaction of hiding illegally obtained income from the cryptocurrency.
It turned out that the user just sold the NFT to himself. He borrowed assets from all available sources using the "flash loan" mechanism and at the same time put up his own NFT for sale, setting a notoriously high price. After that, he purchased NFT with credit ETH and transferred them back to the buyer's address to repay the loan. In addition, NFT has also returned to its owner's wallet.
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Dogecoin has risen sharply by 45%, leaving Shiba Inu behind.
Dogecoin, the original meme cryptocurrency created in 2013, is up 45% today to a new two-month high of $0.3298. Daily trading volumes increased by 300%.
As a result, DOGE reached a capitalization of $43 billion, while SHIB remains below $35 billion. At the same time, SHIB went up in price by 150% over the week, while DOGE grew by only 30%. Today, Shiba Inu has renewed highs around $0.000088 before falling sharply to $0.000067. At its peak, it climbed to the seventh line of the list of the largest cryptoassets, overtaking XRP and Polkadot.
