The outflow of $1 billion from the bitcoin ETF occurred due to the sale of shares by the FTX exchange
Analysts attribute the fall in the bitcoin exchange rate to a high outflow of funds from the GBTC fund of Grayscale. According to Coindesk, investors have already sold shares of the fund for $2 billion, of which about half accounted for the sale of the FTX crypto exchange, which went bankrupt in 2022. Its current management is trying to sell the remaining assets with maximum profit in order to pay off customers and creditors.
Analysts attribute the fall in the bitcoin exchange rate to a high outflow of funds from the GBTC fund of Grayscale. According to Coindesk, investors have already sold shares of the fund for $2 billion, of which about half accounted for the sale of the FTX crypto exchange, which went bankrupt in 2022. Its current management is trying to sell the remaining assets with maximum profit in order to pay off customers and creditors.
Hunting for a drop from StarryNift
Another project that Binance has brought in and also has its own system of points, for which it promises to drop.
StarryNift is a metaverse that aims to bring everyone together for collaborative communication and creativity. The project raised $10 million from Binance Labs, OKX Ventures, GBV Capital and others.
Now you can complete daily tasks for which points are given. Interestingly, in the tokenomics of the project, 10% of the total revenue is allocated to drop for NFT hodlers and active users.
What should I do?
• Connect the wallet on the website.
• Mintim Citizenship Pass ID.
• Go to the profile, fill it out and create your own space.
• In the Earn tab, we perform tasks.
Do not forget to do daily tasks such as writing one message in any space, staying with someone for more than 10 minutes, and so on.
#crypto activity
Another project that Binance has brought in and also has its own system of points, for which it promises to drop.
StarryNift is a metaverse that aims to bring everyone together for collaborative communication and creativity. The project raised $10 million from Binance Labs, OKX Ventures, GBV Capital and others.
Now you can complete daily tasks for which points are given. Interestingly, in the tokenomics of the project, 10% of the total revenue is allocated to drop for NFT hodlers and active users.
What should I do?
• Connect the wallet on the website.
• Mintim Citizenship Pass ID.
• Go to the profile, fill it out and create your own space.
• In the Earn tab, we perform tasks.
Do not forget to do daily tasks such as writing one message in any space, staying with someone for more than 10 minutes, and so on.
#crypto activity
3% of the total revenue (300 million ALT tokens) was allocated for the first drop.
The snapshot was taken on January 17 at 14:00 Kyiv time / 15:00 Moscow time.
300 million ALT tokens will be distributed as follows:
1️⃣ AltLayer OG Badge NFT and Oh Ottie holders! NFT — 35,47%
2️⃣ Altitude campaign participants - 37.07%
Recall that there were 4 phases. Each phase will be rewarded separately. If you participated in four phases, you will receive for all four phases, if in two phases, then separately for two (we think the essence is clear).
• Phase 1 — 104,472 participants
• Phase 2 — 83,418 participants
• Phase 3 — 150,674 participants
• Phase 4 — 130,623 participants
The team also weeded out sibiles, excluding addresses that did not have transactions on the ether network and those who scattered assets to more than 10 addresses.
3️⃣ For EigenLayer restakers - 13.05%
The snapshot was taken on January 17 at 14:00 Kyiv time / 15:00 Moscow time.
300 million ALT tokens will be distributed as follows:
1️⃣ AltLayer OG Badge NFT and Oh Ottie holders! NFT — 35,47%
2️⃣ Altitude campaign participants - 37.07%
Recall that there were 4 phases. Each phase will be rewarded separately. If you participated in four phases, you will receive for all four phases, if in two phases, then separately for two (we think the essence is clear).
• Phase 1 — 104,472 participants
• Phase 2 — 83,418 participants
• Phase 3 — 150,674 participants
• Phase 4 — 130,623 participants
The team also weeded out sibiles, excluding addresses that did not have transactions on the ether network and those who scattered assets to more than 10 addresses.
3️⃣ For EigenLayer restakers - 13.05%
Tesla did not sell Bitcoins in the fourth quarter
Elon Musk's company has 9720 bitcoins on its balance sheet, which are estimated at $387.9 million at the current exchange rate. Last quarter, Tesla also reported that it did not sell cryptocurrency.
At the time of the publication of Tesla's report for the third quarter in October last year, BTC was trading at $28 thousand, that is, in dollar terms, the company's assets in cryptocurrency rose by about $112.5 million due to an increase in the exchange rate.
Elon Musk's company has 9720 bitcoins on its balance sheet, which are estimated at $387.9 million at the current exchange rate. Last quarter, Tesla also reported that it did not sell cryptocurrency.
At the time of the publication of Tesla's report for the third quarter in October last year, BTC was trading at $28 thousand, that is, in dollar terms, the company's assets in cryptocurrency rose by about $112.5 million due to an increase in the exchange rate.
RBC-Crypto will hold a forum on digital assets and mining in Russia
On February 1, the forum "Mining and Cryptocurrencies: the architecture of growth" will be held at the RBC Event Center. The panelists will discuss topical issues of cryptocurrency turnover in Russia, as well as the industrial mining and energy industries.
The main topics of the event:
▫️Regulation of turnover and taxation of cryptocurrencies and mining
The role of cryptocurrencies in the digital economy
▫️Cryptocurrency for international payments
▫️Investment and exchange - traded instruments
During the panel discussions, representatives of the state, the Association of Industrial Mining and Investment Business will speak on a single platform. Among the participants are heads of the finance committees of the State Duma, representatives of the Ministry of Energy
On February 1, the forum "Mining and Cryptocurrencies: the architecture of growth" will be held at the RBC Event Center. The panelists will discuss topical issues of cryptocurrency turnover in Russia, as well as the industrial mining and energy industries.
The main topics of the event:
▫️Regulation of turnover and taxation of cryptocurrencies and mining
The role of cryptocurrencies in the digital economy
▫️Cryptocurrency for international payments
▫️Investment and exchange - traded instruments
During the panel discussions, representatives of the state, the Association of Industrial Mining and Investment Business will speak on a single platform. Among the participants are heads of the finance committees of the State Duma, representatives of the Ministry of Energy
BREAKING : FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources.
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#Bitcoin has 32 halvings. We've only seen 3 so far. It's still very early.
BREAKING : Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst.
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🚨 LATEST : Bitcoin ETFs Pave the Way for Mainstream Crypto Adoption, Coinbase Executives Say.
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The new smartphone from Solana Mobile has collected 30 thousand pre-orders per day
The number of orders for a new device called Chapter 2 per day exceeded the sales of its previous version for the entire year 2023. Several developers of cryptoservices in the Solana ecosystem have already announced the distribution of tokens in the form of airdrop to owners of smartphones, which probably became the main factor of the hype.
The number of orders for a new device called Chapter 2 per day exceeded the sales of its previous version for the entire year 2023. Several developers of cryptoservices in the Solana ecosystem have already announced the distribution of tokens in the form of airdrop to owners of smartphones, which probably became the main factor of the hype.