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On June 8, 2023, Gensler called cryptocurrencies a “1920s market” full of scammers and Ponzi schemes.
Two years later, the cryptocurrency market has grown from $1.1T to ~$3.4T.
Two years later, the cryptocurrency market has grown from $1.1T to ~$3.4T.
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Institutions are buying up BTC
🔹 31% of all Bitcoin is currently owned by institutions such as public and private companies, ETFs, governments and exchanges.
🔹 Exchanges lead with 3.02 million BTC, followed by ETFs (1.34 million), public companies such as MSTR with 765.3k BTC and governments with 528.7k BTC.
🔹 31% of all Bitcoin is currently owned by institutions such as public and private companies, ETFs, governments and exchanges.
🔹 Exchanges lead with 3.02 million BTC, followed by ETFs (1.34 million), public companies such as MSTR with 765.3k BTC and governments with 528.7k BTC.
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💸 Coinbase is launching a credit card that allows users to earn up to 4% cashback in bitcoins on every purchase
The Coinbase One card will return up to 4% in bitcoins on cardholder purchases. The credit card, launched this fall in partnership with American Express, will be available exclusively to Coinbase One customers in the United States.
The subscription service offers, among other things, zero merchant fees and higher staking rewards.
The Coinbase One card will return up to 4% in bitcoins on cardholder purchases. The credit card, launched this fall in partnership with American Express, will be available exclusively to Coinbase One customers in the United States.
The subscription service offers, among other things, zero merchant fees and higher staking rewards.
💰 Michael Saylor: 450 BTC per day is too little to curb demand
🖤The head of MicroStrategy Michael Saylor believes that the current volume of BTC mining (about 450 coins per day) is not able to cover the demand from institutions.
🖤 According to him, when large capital starts to enter the market, the supply shortage will lead to a price increase.
🖤The head of MicroStrategy Michael Saylor believes that the current volume of BTC mining (about 450 coins per day) is not able to cover the demand from institutions.
🖤 According to him, when large capital starts to enter the market, the supply shortage will lead to a price increase.
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🇫🇷 A cryptoblogger was kidnapped in France - but released when they found out he was destitute
🖤 Four men beat up a 26-year-old cryptoblogger and forced him into a stolen car, demanding a €50,000 ransom in crypto. However, after checking his wallet and finding no funds, they let him go the very next day.
🖤 The victim has about 40,000 followers. Police say he was not seriously injured. The investigation is ongoing.
🖤 Four men beat up a 26-year-old cryptoblogger and forced him into a stolen car, demanding a €50,000 ransom in crypto. However, after checking his wallet and finding no funds, they let him go the very next day.
🖤 The victim has about 40,000 followers. Police say he was not seriously injured. The investigation is ongoing.
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🪙 A fact from the past: in 2011, a cryptan mined 1 BTC a day right from his bedroom
Back then it cost $800 to mine one bitcoin, today it's about $65,000.
Back then it cost $800 to mine one bitcoin, today it's about $65,000.
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🇨🇦 Canadian agriFORCE has launched a site with 120 ASIC miners running on previously burned natural gas. 7 BTC have already been mined - the company keeps 50% of the coins in reserve and uses the rest for scaling.
The company plans to launch two more sites in Alberta, which will increase the total capacity to 1.3 MW and allow it to achieve a hash rate of 1 EH/s by early 2026.
The company plans to launch two more sites in Alberta, which will increase the total capacity to 1.3 MW and allow it to achieve a hash rate of 1 EH/s by early 2026.
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Crypto speak: Red flag
A “red flag” is an alarm or ominous sign indicating a problem with a crypto project.
For example, you’re researching an NFT collection and see that its funders are new to the NFT world and aren’t known in the community. That’s a red flag.
Or, say, the collection’s website is unkempt with grammatical errors—indeed, that’s another red flag.
A “red flag” is an alarm or ominous sign indicating a problem with a crypto project.
For example, you’re researching an NFT collection and see that its funders are new to the NFT world and aren’t known in the community. That’s a red flag.
Or, say, the collection’s website is unkempt with grammatical errors—indeed, that’s another red flag.
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🔼 Top 20 cryptocurrencies with growth potential in Q3 2025 - data from Grayscale.
🔴Bitcoin (BTC)
🔴Ethereum (ETH)
🔴Solana (SOL)
🔴Hyperliquid (HYPE)
🔴Sui (SUI)
🔴Chainlink (LINK)
🔴Avalanche (AVAX)
🔴Uniswap (UNI)
🔴Aave (AAVE)
🔴Bittensor (TAO)
🔴Ethena (ENA)
🔴Virtuals Protocol (VIRTUAL)
🔴Story Protocol (IP)
🔴Aerodrome (AERO)
🔴Jito (JTO)
🔴Maple (SYRUP)
🔴Morpho (MORPHO)
🔴Helium (HNT)
🔴Grass (GRASS)
🔴Geodnet (GEOD)
🔴Bitcoin (BTC)
🔴Ethereum (ETH)
🔴Solana (SOL)
🔴Hyperliquid (HYPE)
🔴Sui (SUI)
🔴Chainlink (LINK)
🔴Avalanche (AVAX)
🔴Uniswap (UNI)
🔴Aave (AAVE)
🔴Bittensor (TAO)
🔴Ethena (ENA)
🔴Virtuals Protocol (VIRTUAL)
🔴Story Protocol (IP)
🔴Aerodrome (AERO)
🔴Jito (JTO)
🔴Maple (SYRUP)
🔴Morpho (MORPHO)
🔴Helium (HNT)
🔴Grass (GRASS)
🔴Geodnet (GEOD)
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💸 Crypto exchanges are starting to trade fiat.
Kraken, Bybit and a number of DEX on Solana have added functionality that allows trading tokenized shares of Apple, Microsoft, Tesla, S&P 500 index, etc. around the clock.
The next step is to use such assets in DeFi as collateral or in liquidity pools 🤔
Kraken, Bybit and a number of DEX on Solana have added functionality that allows trading tokenized shares of Apple, Microsoft, Tesla, S&P 500 index, etc. around the clock.
The next step is to use such assets in DeFi as collateral or in liquidity pools 🤔
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