Crypto Media

🚨🚨🚨 JUST IN : Five #Bitcoin 💰 wallets that have been dormant for over 15 years have transferred 250 BTC each.

These wallets received 50 $BTC($3.18M) as mining rewards per block back in 2009.

📈 NEW: Tether’s market share has skyrocketed by 20% in two years, hitting 75% of the entire stablecoin market, while generating $400 million in revenue over the last 30 days.

📊 USDT (Tether) accounts for $119 billion of the $172 billion in stablecoin capitalization

USDC, in second place, has three times less capitalization, and the remaining steiblcoins account for only $17 billion in capitalization

Total domination 🐳

💰 Unlimited fiat, only 21 million Bitcoin.

U.S. inflation numbers are out:

⚫️ CPI: 2.4% YoY, 0.2% MoM
⚫️ Expected: 2.3% YoY, 0.2% MoM

Slightly higher than forecasted—keep an eye on how this might impact the markets! #Inflation #CPI #Finance

💸 BTC ETF vs. Gold ETF

Eric Balachunas compared inflows into the BTC ETF to the Gold ETF, based on the fact that the two assets are often compared for diversification.

🔼 In 9 months, the BTC ETF has attracted $17.7 billion and represents 5% of BTC's capitalization.

While the Gold ETF is only 1% of gold's capitalization.

It took gold 22 years to achieve these results, while BTC took only 9 months.

But gold also has a bigger capitalization 😉

🚨 LATEST: Arthur Hayes Says Fed's Rate Cut is Politically Driven, Predicts Soaring Inflation!

BitMEX co-founder Arthur Hayes warns that the Fed’s recent rate cut may be politically motivated, sparking inflation and setting the stage for market turbulence.

Crypto Speak: Vital role of Custodians

In the world of digital assets, security and trust are everything. This is where custodians step in specialized financial entities that safeguard your digital assets with robust security. Think of them as the vaults for your crypto wealth.

Custodians offer secure storage, facilitate transactions, ensure regulatory compliance, and keep detailed records, providing peace of mind in the volatile crypto market. For example, if you’re an investor aiming to diversify, a custodian can hold your assets securely while you make trades.

Their role is crucial: institutional investors require custodial services to navigate regulatory standards and safely enter the crypto market. Custodians also streamline trading, allowing clients to transact with confidence.

Simply put, custodians are the backbone of the digital asset world, ensuring safe and efficient asset management. By understanding their role, you can navigate the crypto landscape with greater confidence and security.

Crypto Speak: Vital role of Custodians

In the world of digital assets, security and trust are everything. This is where custodians step in specialized financial entities that safeguard your digital assets with robust security. Think of them as the vaults for your crypto wealth.

Custodians offer secure storage, facilitate transactions, ensure regulatory compliance, and keep detailed records, providing peace of mind in the volatile crypto market. For example, if you’re an investor aiming to diversify, a custodian can hold your assets securely while you make trades.

Their role is crucial: institutional investors require custodial services to navigate regulatory standards and safely enter the crypto market. Custodians also streamline trading, allowing clients to transact with confidence.

Simply put, custodians are the backbone of the digital asset world, ensuring safe and efficient asset management. By understanding their role, you can navigate the crypto landscape with greater confidence and security.

One daring trader turned $2,500 into $200,000 by leveraging XRP 500x at $1.9025. 🤑

The catch? A dip below $1.9004 would’ve wiped him out faster than you can say “margin call.” 😅🎢

Fortune favors the brave—or the wildly risky! 🚀💸

JUST IN: Bitcoin is up 133% this year.

📈 The number of posts on the social network X mentioning ETH has increased by 282% over the past 3 days.

📊 USDT has significantly increased its dominance in the stablecoin market compared to 2022 (72% vs. 50%).

Additionally, the pace of minting new tokens matches the levels seen during the 2021 bull market. Since November, $13 billion has been minted, with a $3 billion increase just last week. 🚀