Forwarded from WCW - Web3 Crypto Wealth
More than 60 publicly traded companies have already adopted a Bitcoin strategy — and the number of such small private companies is estimated to be in the thousands.
❤133👍97💯25🔥24👏18😢1
Coindesk
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
The total market cap of the miners the bank tracks grew 33% since the end October, the report said.
BTC miners' performance improved in the first half of November. Their stocks increased by an average of 30%. Public miners in the US currently account for about 28% of the global hash rate — JPMorgan
👍160❤84🔥38🫡20👏14🤔4
Patoshi's fortune has reached $101.3 billion, making him the 13th richest person in the world.
The stack of 1,096,160 BTC continues to increase in value, effortlessly surpassing other billionaires.
_____________
Patoshi is a term used to describe early Bitcoin mining activity, believed to have been conducted by Satoshi Nakamoto, the mysterious creator of Bitcoin. The name comes from a combination of "Satoshi" and the "Patoshi pattern."
On the other hand, the term "Patoshi Miner" specifically refers to the entity or entities responsible for this early mining activity.
It is assumed that the Patoshi miner is either Satoshi Nakamoto or an organization closely associated with him, based on the analysis of mining patterns observed in the early Bitcoin blockchain blocks.
The stack of 1,096,160 BTC continues to increase in value, effortlessly surpassing other billionaires.
_____________
Patoshi is a term used to describe early Bitcoin mining activity, believed to have been conducted by Satoshi Nakamoto, the mysterious creator of Bitcoin. The name comes from a combination of "Satoshi" and the "Patoshi pattern."
On the other hand, the term "Patoshi Miner" specifically refers to the entity or entities responsible for this early mining activity.
It is assumed that the Patoshi miner is either Satoshi Nakamoto or an organization closely associated with him, based on the analysis of mining patterns observed in the early Bitcoin blockchain blocks.
👍156❤77🏆23🦄18✍17🔥13😇11😢7
Today, the Cosmos Foundation sold 3,000 ETH for a total of $10 million—funds originally raised during their ICO. Since late April, the team has liquidated 21,600 ETH, amounting to $56 million at an average price of $2,591 per ETH.
The foundation still holds 384 BTC and 23,587 ETH, with a combined valuation of $96 million.
It’s worth noting that ATOM is currently showing one of the weakest performances in this cycle: when BTC was priced at $16,000, ATOM traded at $10, but its value has now dropped to $6.5.
The foundation still holds 384 BTC and 23,587 ETH, with a combined valuation of $96 million.
It’s worth noting that ATOM is currently showing one of the weakest performances in this cycle: when BTC was priced at $16,000, ATOM traded at $10, but its value has now dropped to $6.5.
Ethereum (ETH) Blockchain Explorer
Address: 0x5b5674DA...f3766d7b0 | Etherscan
Address (EOA) | Balance: $13.83 across 1 Chain | Transactions: 165 | As at Oct-05-2026 01:13:14 PM (UTC)
❤283👍263🔥90🫡78
The announcement of the Thena (THE) coin distribution on Binance triggered a 900% surge in the price of The Protocol (THEPROTOCOL) token on the MEXC cryptocurrency exchange.
At the time of the announcement about Thena’s airdrop on Binance, The Protocol token had the ticker THE on MEXC — identical to Thena’s ticker, which was not yet traded on this exchange.
After The Protocol’s price suddenly skyrocketed tenfold, it quickly plummeted back to nearly its original value. The token’s ticker on MEXC was corrected to THEPROTOCOL, and trading was suspended.
It’s worth noting that The Protocol cryptocurrency, under the ticker THE, was added to the MEXC platform back in the fall of 2022. Trading for THEPROTOCOL resumed on the platform at 3:00 PM Moscow time, and the token’s price immediately continued to decline.
Following Binance’s announcement, Thena’s cryptocurrency price increased by 345%.
At the time of the announcement about Thena’s airdrop on Binance, The Protocol token had the ticker THE on MEXC — identical to Thena’s ticker, which was not yet traded on this exchange.
After The Protocol’s price suddenly skyrocketed tenfold, it quickly plummeted back to nearly its original value. The token’s ticker on MEXC was corrected to THEPROTOCOL, and trading was suspended.
It’s worth noting that The Protocol cryptocurrency, under the ticker THE, was added to the MEXC platform back in the fall of 2022. Trading for THEPROTOCOL resumed on the platform at 3:00 PM Moscow time, and the token’s price immediately continued to decline.
Following Binance’s announcement, Thena’s cryptocurrency price increased by 345%.
👍134❤74🔥29😁19👏6
TheEnergyMag
Miner Weekly: Bitcoin Miners Spend $3.6B on Machines and Infrastructure
16 public bitcoin mining firms collectively raised over $5 billion through equity and debt YTD while spending over $3.6 billion on hardware and infrastructure.
Mining companies spent $3.6 billion on infrastructure upgrades in 2024 — the majority of the funds were allocated to equipment modernization.
The increase in infrastructure spending in the cryptocurrency mining sector coincides with record hash rate values and mining difficulty.
The increase in infrastructure spending in the cryptocurrency mining sector coincides with record hash rate values and mining difficulty.
❤34👍19🔥7💯3
WisdomTree has filed with the U.S. SEC for an exchange-traded fund (ETF) for the XRP token from Ripple. WisdomTree already manages a Bitcoin-based spot ETF, with investor assets totaling over $365 million. Earlier, Canary, Bitwise, and 21Shares also submitted applications for similar XRP funds. The latter two also have their own Bitcoin ETFs.
Following the success of Bitcoin and Ethereum ETFs in 2024, fund issuers began applying to launch similar funds for individual assets like Solana or multi-currency ETFs, which allow investment in cryptocurrency baskets. More than 10 current applications are under review by the SEC, with decisions expected in 2025.
Market participants are anticipating a more lenient approach to cryptocurrency regulation from the administration of Donald Trump. Under SEC Chairman Gary Gensler, the agency rejected spot ETF applications for Bitcoin for nearly 10 years, approving the first ones only in January of this year. Gensler will resign on January 20, the day of Trump's inauguration.
The principle behind spot ETFs is that fund managers buy cryptocurrency to back the fund’s shares or sell it when those shares are redeemed, while the shares track its market (spot) price. These shares are traded on major exchanges like NYSE, NASDAQ, and CBOE.
Following the success of Bitcoin and Ethereum ETFs in 2024, fund issuers began applying to launch similar funds for individual assets like Solana or multi-currency ETFs, which allow investment in cryptocurrency baskets. More than 10 current applications are under review by the SEC, with decisions expected in 2025.
Market participants are anticipating a more lenient approach to cryptocurrency regulation from the administration of Donald Trump. Under SEC Chairman Gary Gensler, the agency rejected spot ETF applications for Bitcoin for nearly 10 years, approving the first ones only in January of this year. Gensler will resign on January 20, the day of Trump's inauguration.
The principle behind spot ETFs is that fund managers buy cryptocurrency to back the fund’s shares or sell it when those shares are redeemed, while the shares track its market (spot) price. These shares are traded on major exchanges like NYSE, NASDAQ, and CBOE.
3👍43❤9🔥6
TOP-15 blockchains by the number of daily active addresses in November
Solana - 6.7 million
NEAR - 3.3 million
Tron - 2.2 million
Base - 1.1 million
BNB Chain - 920,000
Sui - 836,000
Aptos - 743,000
Celo - 619,000
TON - 610,000
Polygon - 599,000
Bitcoin - 525,000
Arbitrum - 435,000
Ethereum - 399,000
Sei - 116,000
Linea - 71,000
Solana - 6.7 million
NEAR - 3.3 million
Tron - 2.2 million
Base - 1.1 million
BNB Chain - 920,000
Sui - 836,000
Aptos - 743,000
Celo - 619,000
TON - 610,000
Polygon - 599,000
Bitcoin - 525,000
Arbitrum - 435,000
Ethereum - 399,000
Sei - 116,000
Linea - 71,000
👍41❤18🔥5😁5💯3
This media is not supported in your browser
VIEW IN TELEGRAM
BTC $100 in2013г = ATH...... it's ridiculous
BTC $100 000 in 2024г = ATH...... it's ridiculous
BTC $100 000 in 2024г = ATH...... it's ridiculous
🔥26👍11💯7🫡7❤1🤔1
This media is not supported in your browser
VIEW IN TELEGRAM
"BTC is becoming a global reserve capital network. People are beginning to realize that BTC is better than real estate and stocks. Compared to BTC, there is no company or piece of real estate you would prefer to own in the long term." — Michael Saylor
Saylor proposed an idea for the US government: purchase 20-25% of the BTC network and then catalyze the development of this "reserve capital network" (as Saylor envisions it, BTC is becoming a global reserve capital network with no competition). He believes that as nations chase such a valuable asset as BTC, they will begin selling off other assets to acquire BTC. By that time, the US would already have significant control over the network, and thus, when other countries join the race to buy BTC, the US would be the primary beneficiary as capital would once again flow into the US.
Saylor further argues that by shifting towards BTC, the US could demonetize gold as an asset class. Consequently, the gold held by "US adversaries" (his words) in banks would depreciate, while US assets would multiply in value. The US would then control both the "global reserve capital network" and the "global reserve currency network."
Saylor proposed an idea for the US government: purchase 20-25% of the BTC network and then catalyze the development of this "reserve capital network" (as Saylor envisions it, BTC is becoming a global reserve capital network with no competition). He believes that as nations chase such a valuable asset as BTC, they will begin selling off other assets to acquire BTC. By that time, the US would already have significant control over the network, and thus, when other countries join the race to buy BTC, the US would be the primary beneficiary as capital would once again flow into the US.
Saylor further argues that by shifting towards BTC, the US could demonetize gold as an asset class. Consequently, the gold held by "US adversaries" (his words) in banks would depreciate, while US assets would multiply in value. The US would then control both the "global reserve capital network" and the "global reserve currency network."
1👍27❤20🤔5💯4
Andrey Grachev, founder of DWF Labs, believes that the next narratives in crypto will be AI agents and DeSci (decentralized science).
🔥21😁6💯6❤2
AI agents can participate in dynamic, multi-step decision-making processes and adapt based on interactions. They can also interact with other agents, protocols, and external applications. Crypto AI agents are currently closer to their demo stage than full realization, but the overall trend is positive. We may see significant growth in this sector in the coming weeks and months — Binance analysis.
Binance
Exploring the Future of AI Agents in Crypto
Exploring the convergence between AI agents and crypto, discussing origins, major projects, challenges, and future implications.
👍32❤7🔥6😁2
Semafor
‘Ten septillion years’: Google makes another quantum computing breakthrough
With a new chip and a breakthrough in error correction, Google says the road map to a practical quantum computer has never been clearer.
Google has unveiled a prototype of a new quantum computer capable of solving a problem in five minutes — one that would take the most powerful supercomputers of today ten septillion years.
❤18🔥11👍9🤝5🎉2
Coindesk
Ethereum's Growing Solana Problem Highlighted by Dev's Defection
"There's just so much more possibility and potential energy in Solana," Max Resnick told CoinDesk after quitting his Consensys job for a job at Anza.
Lead Ethereum developer Max Reznik announced his transition to the Solana blockchain, citing his "frustration" with Ethereum.
This sparked criticism from other developers, who pointed out that individuals like Reznik previously argued that Ethereum should become more like Solana.
However, in reality, it is now Solana that is taking steps to become more like Ethereum, not the other way around.
This sparked criticism from other developers, who pointed out that individuals like Reznik previously argued that Ethereum should become more like Solana.
However, in reality, it is now Solana that is taking steps to become more like Ethereum, not the other way around.
👍26❤11🔥7🫡4🤩3🎉1
In South Korea, a movie titled Crypto Man will be released. The film is based on real events and will tell the story of the collapse of a crypto company that resulted in losses amounting to $34.9 billion.
❤23🔥11💯6🎉3👍1
tether.io
Tether’s USD₮ Recognized as Accepted Virtual Asset in ADGM - Tether.io
Acceptance Covers USD₮ on Ethereum, Solana, and Avalanche Blockchains; Enhances Opportunities for Licensed Entities in ADGM 10 December 2024 – Tether, the largest company in the digital assets industry, has announced the acceptance of USD₮ by the Financial…
USDT by Tether has been granted the status of an officially recognized virtual asset on the global Abu Dhabi market (ADGM).
👍33❤13🔥9