Crypto Room

🤭 On this day, 13 years ago, The Economist ran an article titled:

“Bitcoin's bursting bubble: the world's most famous digital currency is in trouble”.

The reason for this “smash piece” is the coin's fall from $33 to $2.51

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SAYLOR: 🪙 “My view is Bitcoin is gonna appreciate 29% a year, ARR for the next 21 years.”

CEO of Microstrategy is super bullish on Bitcoin!

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🚨 JUST IN: Tether’s $USDT surpasses $120 billion market cap.

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🔥BULLISH: 🪙 BlackRock's $IBIT has bought over $1,000,000,000 worth of Bitcoin this week

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🔥 JUST IN: 🇩🇪 Samson Mow speaks at the German Bundestag telling MPs about #Bitcoin💰 adoption for nation states.

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JUST IN: 🇺🇸 Elon Musk says Kamala Harris and Joe Biden are controlled puppets.

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💰 Michael Saylor explains why he thinks #Bitcoin is going to be 7% of the worlds capital and his long term forecast price at over $13M over 21 years 🚀

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Someone just bet over $1 million that Trump will lose the election! 💸

On the crypto betting platform Kalshi (Polymarket's competitor), a mysterious trader placed more than $1 million on Trump losing the upcoming election.

Insider info or just strong faith in Kamala Harris? 👀 While everyone’s guessing, it looks like Trump has found another opponent… this time in the crypto space. 😅

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Vitalik Buterin shared part of Ethereum's new roadmap:

▪️ Ethereum plans to reach over 100,000 transactions per second using L1 and L2 networks.

▪️ Vitalik wants to increase interoperability between Layer 2 blockchains.

▪️ “Ethereum should be seen as a single ecosystem, not 34 different blockchains.”

▪️ Also plan to achieve transfers to other networks in 2 seconds, standardize user experience and improve link security.

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💎Canary submits application for a spot Litecoin ETF.

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💰 More than $25 billion in leveraged positions could be liquidated if #Bitcoin pumps by just 10%.

High Liquidation Levels act as a Magnet.

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🐶Bloom has officially launched the DOGS dropdown

Only active players who log into the project daily, participate in quests and invite friends will receive DOGS tokens

Requirements may change in the future depending on the cryptocurrency and specific drop

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Unlocking the Genesis Block: The Foundation of Blockchain

The genesis block is where it all begins a blockchain's very first block, setting the stage for every block that follows. In proof-of-work (PoW) systems like Bitcoin, the genesis block is mined by the blockchain's creator and is unique in that it’s hard-coded into the protocol. In proof-of-stake (PoS) systems, it's created by developers or validators, without the need for staking.

First introduced by Satoshi Nakamoto in 2009, Bitcoin's genesis block, also known as block 0, carried a subtle critique of traditional finance with a reference to a newspaper headline. This block defined Bitcoin’s technical parameters, like mining difficulty and block rewards. Interestingly, while the genesis block rewarded 50 BTC, those coins remain unspendable.

The genesis block is critical in securing the integrity of the blockchain from day one, ensuring all future transactions are linked in a secure and transparent ledger.

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💰 Unlimited fiat, only 21 million Bitcoin.

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👺 Vitalik Buterin yesterday sold off 8 meme tokens received from developers as a donation (including a named VITALIK):

- 10 billion MOODENG ($982,000) for 395.95 ETH
- 200,000 MSTR ($231,000) for 93.23 ETH
- 500 million EBULL ($183,000) for 73.79 ETH
- 15 mln POPCAT ($67,200) for 27.11 ETH
- 31.4 trillion FWOG ($55,900) for 22.53 ETH
- 20 billion MILO ($51,400) for 20.75 ETH
- 500,100 TCATI ($31,800) for 12.81 ETH
- 201.9 million VITALIK ($13,600) for 5.49 ETH

In total, 651.6 ETH for $1.62 million was raised

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Scroll was listed on the Binance premarket

The token has been trading in the range of $1.05 to $1.20 for almost the entire time since listing. At the time of writing, the value of the asset is approximately $1.15, with a capitalization of $1.15 billion.

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💰 MicroStrategy stock has outperformed 100% of companies in the S&P 500 because of Bitcoin

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🤓Attackers are using artificial intelligence to bypass strict KYC measures on cryptocurrency exchanges, security experts Cato Networks noted in a report.

A tool called ProKYC demonstrates a “new level of sophistication” in crypto fraud. It allows you to create new documents and generate videos to pass verification.

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Ireland’s Biggest Bitcoin Mystery: Gone Fishing? 🎣💸

🇮🇪 Ireland’s Criminal Assets Bureau (CAB) is sitting on a goldmine—or should we say Bitcoinmine — worth $378 million. The catch? They can’t access it! 💀

This massive BTC stash, seized from drug dealer Clifton Collins, is locked in 12 wallets, but the seed phrases? Allegedly hidden in a fishing rod case... which conveniently vanished after a break-in. 🎣🤦‍♂️

Now, CAB’s got Bitcoin they can’t touch, and the drug dealer’s probably having a laugh somewhere.😂

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