BTC Trunk

2024-02-14 17:00:07 $ORIS listed on LBank – buy the best utility token!

This is a utility token you MUST have in your portfolio. Already trading with huge success on LBank.

Crypto payments for offline businesses & RWA
eGaming integrations
Revenue-generating NFTs
Oris Metaverse
Staking rewards & governance
Built on Polygon & audited by Certik

And since this is the first exchange listing for ORIS, you can buy it before everybody else and enjoy the 50x that will come later

LBank listing details:
— Trading has started!
— Withdrawals open: Feb 15

Trade ORIS on LBank
Oris website
Telegram Open / Comment

2024-02-13 18:02:02 Bitcoin Rockets Past $49K, Targets $50K Amid Global Trading Frenzy

In a whirlwind of trading activity, bitcoin (BTC) has surged by an impressive 16.7% since January 12, 2024. The digital currency crossed the $49K milestone and briefly flirted with $50,000 on Bitstamp, causing quite a stir in the market.

Within just an hour, $25.57 million worth of BTC short positions were wiped out as the price skyrocketed. Bitcoin's market cap now stands at around $979 billion, commanding over half of the entire crypto market.

While bitcoin is making waves globally, it's making an even bigger splash in South Korea, where it's trading at a premium price of $50,665 on Bithumb. Upbit and Korbit are also mirroring these elevated rates, signaling strong demand.

It's been over 800 days since bitcoin reached these heights, with only a brief tease at $49K in January. Despite being 28.3% away from its peak at $69K, BTC's current value of $49,856 is still a far cry from last year's range of $21,500 to $22,500.

As the tenth most valuable asset worldwide by market cap, bitcoin continues to chase after Meta's staggering valuation of $1.212 trillion. With all eyes on the charts, traders and enthusiasts eagerly await what lies ahead for this digital gold rush. Open / Comment

2024-02-13 15:00:05 The next MASSIVE #SOL #Memecoin is HERE

Here’s all you need to know

Project Name: SMOG
Ticker Name: $SMOG
Total Supply: 1,400,000,000
Contract Address: FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8
Launch Price - $0.001419
Current Price - $0.032536
Token Holders- 14,606
Last 24H: +159.3%
Chain: Solana
MarketCap: $45,348,475
Smog is currently TRENDING in the last 24h on Dextools, Dexscreener & Birdeye!

Follow @SMOGtoken on X: https://twitter.com/SMOGToken
Join our TG: https://t.me/SMOGToken
Join the greatest #SOL Airdrop of all time! https://zealy.io/cw/smogtokenairdrop/questboard Open / Comment

2024-02-10 19:26:01 Solana's Swift Recovery Ignites Bullish Sentiment: SOL Price Eyes $170 Rally

Outage Turnaround: Solana (SOL) faced a major hiccup, but the development team's prompt response with an upgrade and restart restored functionality. The incident surprisingly acted as a catalyst, with SOL/BTC surging by 4.5% in the last 36 hours.

DeFi Dominance: Solana (SOL) outshines Arbitrum and Ethereum in DeFi volumes, boasting a market share of over 26% in January. The upcoming Jupiter airdrop is expected to further fuel DeFi activity, potentially pushing SOL toward the $120 mark.

Inflation vs. Demand: While Solana (SOL) has an inflation rate ranging from 5.5% to 20.35%, the network's increasing utility and demand act as strong counterweights, suggesting that market sentiment could outweigh inflationary pressures.

Bullish Breakout Potential: With Solana's (SOL) recovery, DeFi dominance, and the buzz around Jupiter, there's a bullish outlook. If SOL manages to break the $110 resistance level, brace yourself for a potential rally toward the impressive $170 milestone.

Keep an eye on Solana (SOL) as it continues to make waves in the crypto seas, navigating challenges with resilience and emerging stronger than ever before. Open / Comment

2024-02-07 20:35:16 Beijing Cracks Down on Crypto Miners in Green Push

In a bid to bolster energy conservation, Beijing is turning its attention to cryptocurrency mining. The Chinese capital has unveiled a fresh set of policies aimed at curbing carbon emissions and promoting green energy.

Among the sectors facing scrutiny are construction, transportation, industry, information technology, and crypto mining. Beijing vows to clamp down on virtual currency activities and ensure a clean slate for the city.

This move aligns with China's broader stance on cryptocurrencies. Last year, the country banned all forms of crypto mining and trading, citing environmental concerns.

However, reports suggest that some Chinese miners are still in operation, contributing 21% of the global network's computing power. The US leads the pack with 38%.

Additionally, Beijing plans to inspect energy-consuming units to crack down on illegal energy use. Industries flouting conservation norms could face penalties as the city strives for an eco-friendly future. Open / Comment

2024-02-04 19:46:01 Bitcoin Halving: The Rocket Fuel for BTC at $240,000?

Scott Melker, the renowned "Wolf of All Streets," has shared his insights on the upcoming bitcoin halving in April 2024. In an article by The Street, he explains why this event could be a game-changer, potentially catapulting the price of bitcoin to a staggering $240,000.

When the mining of 840,000 blocks is reached, the reward per block will be slashed from 6.25 to 3.125 bitcoin. As Melker puts it, this means the new supply is cut in half, making it tougher for miners to profit from their efforts.

Drawing from the previous halving cycle's success, where bitcoin surged from $20,000 to $69,000 (a whopping 250.86% appreciation), Melker suggests that if history repeats itself, we could see bitcoin hitting that eye-popping $240,000 mark.

While some may dismiss these figures as mere hyperbole, Melker stands firm in his belief that if something's not broken, there's no need to fix it. He's betting on bitcoin's continued rise and wouldn't be surprised to witness it surpassing $200,000.

Melker isn't alone in his optimism. Industry heavyweights like Anthony Scaramucci and Tim Draper have also made bold predictions of $170,000 and $250,000 respectively. It seems more and more experts are envisioning a future where people lose interest in traditional currencies like the U.S. dollar. Open / Comment

2024-02-01 18:48:01 SEC Backtracks on Debt Box Lawsuit, Facing Accuracy Issues in Court

The U.S. Securities and Exchange Commission (SEC) is withdrawing its legal battle against crypto firm Debt Box, after admitting to inaccurate statements made during the case.

Initially targeting Digital Licensing Inc., operating as Debt Box, the SEC accused the company of defrauding investors of $49 million by offering unmined "node licenses." This was part of Chair Gary Gensler's broader crackdown on crypto, asserting most are securities.

However, things took a twist when Judge Robert Shelby criticized the SEC's lawyers for misleading claims and demanded explanations. The agency had alleged an asset transfer overseas to dodge U.S. jurisdiction, which the judge found misrepresented.

In response to the court's order, the SEC filed a statement acknowledging its shortcomings but argued against sanctions, opting instead to dismiss the lawsuit without prejudice.

The SEC's move has raised eyebrows in legal and financial circles, given its tough stance on crypto regulation. Debt Box's legal team fired back, calling out the agency for getting it "badly wrong" and pushing a false narrative.

While the SEC has remained tight-lipped beyond its filings, this development leaves room for speculation about future actions in the ever-evolving world of cryptocurrency regulation. Open / Comment

2024-01-29 19:12:01 Vanguard Takes a Stand: No Bitcoin ETFs for You!

Vanguard, the investment giant with $8 trillion under management, has made its stance on crypto crystal clear. In a recent blog post, they explained why they won't be hopping on the bitcoin ETF bandwagon.

Despite the recent green light from the SEC for 11 new bitcoin ETFs, Vanguard is keeping its distance. Janel Jackson, Vanguard's global head of ETF Capital Markets, isn't convinced that crypto is more than just a speculative gamble.

Jackson highlights the key differences between traditional investments and crypto, pointing out that while stocks and bonds have tangible value and generate income, bitcoin lacks these fundamental qualities.

However, Vanguard isn't completely dismissing the technology behind crypto. They're keeping an eye on blockchain's potential, exploring ways to make capital markets more efficient.

So, what about a Vanguard-branded bitcoin ETF? Don't hold your breath. Jackson asserts that until crypto proves its worth in the long run, it won't find a place in their carefully curated portfolio offerings.

When it comes to investment choices, Vanguard takes a meticulous approach. They prioritize enduring value and meeting their clients' needs. For now, it seems bitcoin isn't passing their rigorous evaluation process.

In a world where crypto is making headlines daily, Vanguard remains steadfast in its belief that this digital darling isn't quite ready for prime time. Open / Comment

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2024-01-26 11:30:59 To the Moon! Avalanche Foundation Unveils the Meme Coin Masterplan

Meme Coin Wishlist: The Inside Scoop on Eligibility Criteria

In an exciting move for crypto enthusiasts, the Avalanche Foundation spills the beans on the much-awaited eligibility guidelines for meme coins eyeing a piece of the $100 million Culture Catalyst fund. Get ready for this meme coin expedition with your bags packed full of uniqueness and value!

Hold On! Minnows in Charge: Diversification Made Cool

This grand meme coin adventure comes with a twist - the foundation wants the little guys to shine! Projects must have at least 2,000 individual holders, with whales reeled in at less than 60% of the supply. It's all about sharing the meme wealth and giving power to the community!

Liquidity Is Key: Splash into the Market!

The foundation won't dip toes into shallow pools! For a meme coin to make a big splash, they’ve set the liquidity bar high: projects need at least $200,000 pooled in, with 50 liquidity providers, or a clever burn strategy that proves those tokens are scarce as El Dorado gold!

Digital Natives Take Center Stage: Born and Bred on AVAX

It's a local affair on the Avalanche ecosystem with meme coins that are AVAX through and through. This digital kinship is a must for eligibility, ensuring a seamless experience for all Degen Meme astronauts aboard the AVAX rocket.

Standing Out in the Meme-Stream: The Market Cap Maverick

To make waves in the meme-verse, the project should have a fully diluted market cap reaching for the stars at over $1 million. The trading volume should also prove it's not just a meme in name, hitting the minimum of $100,000 over a two-week period on DEXes. Oh, the memes they shall fly! Open / Comment