Crypto Insider
1.87M subscribers
6.5K photos
455 videos
5.7K links
πŸ’‘ Your premier source for crypto.
πŸ“© Reach out: @strategy
Download Telegram
πŸ¦‘ Based on the "Squid Game" series, a token was released that rose 2400% in 24 hours

The Squid token is now trading at $3.33, up 2,400% from its starting price, and now the funny thing β€” the coin can only be bought, not sold. Its capitalization is now over $273 million.

The developers claim you have to pay "squid" or NFT to participate in individual rounds of the game β€” so participation in the final game of the tournament will cost between $15,000 and $33,000 at the current rate.

πŸ’‘ Squid has nothing to do with Netflix, it's just another parody cryptocurrency.
Glassnode: difference between the number of BTC in the hands of hodlers and new investors has become the largest in history. Previously, such signals led to medium-term growth. Another technical parameter for growthβœ…
πŸ‡ΊπŸ‡Έ Fed Chairman Jerome Powell said stablecoins could become a useful, efficient, consumer-friendly part of the financial system if they were properly regulated.

Powell also acknowledged for the first time the problem of inflation and expressed a willingness to adequately combat it β€” the Fed to accelerate the rollback of emergency stimulus by a factor of 2, to $30 billion per month.

The dollar inflation forecast is raised to 5.3% for 2021, 2.6% for 2022, and 2.3% for 2023.
πŸ‘2
πŸ—‚ Due to hacking attacks in 10 years the crypto sector lost $12.1 billion:

β€” $3.2 billion was stolen as a result of security breaches
β€” $7.1 billion stolen as a result of fraud
β€” $1.8 billion lost to the DeFi sector.

The largest hack occurred in 2018 β€” $535 million in XEM coins were withdrawn from the Coincheck exchange.

The most cases of theft of digital assets were recorded in the U.S., the UK, South Korea, Japan and China.
πŸ‘1
The total capitalization of stablecoins continues to grow and has almost reached $150 billion. The leaders are USDT and USDC. By the way, rumors about the tether's scam are still going on as it has grown very much as for an uncontrolled stablecoin, unlike the same USDC. Therefore, don't be lazy to choose something else, especially you have a big choice
πŸ‘2
πŸ“‰ Bitcoin lost roughly $1500 in a short period of time and collapsed below $46,000.

The crypto market lost more than 5% in 24 hours.
πŸ’‘ Fraudsters keep collecting money from gullible cryptans with fake giveaways

Yesterday, an anonymous user transferred 2 BTC to the fraudulent address that hides behind the name of Michael Saylor and that's not an isolated incident.

One of the most recent fake websites was active during December 2021 and has already received $650,000 in BTC, and November's "Saylor Giveaway" generated 42 payments of over $1 million.

Stay vigilant, do not follow unknown links and do not transfer money to scammers β€” no one will ever "double or triple" the amount you send.
British regulator banned Coinbase ads and three other cryptocurrency exchanges

The UK Advertising Standards Authority found violations in the marketing campaigns of Coinbase's European subsidiary and the Kraken, eToro and EXMO Exchange trading platforms

The regulator also banned a marketing campaign by pizza chain Papa John's that offered its customers "Β£10 worth of free bitcoins."

"Consumers need to know about the risks of investing in crypto assets and companies should make sure that their ads aren’t misleading or socially irresponsible by taking advantage of consumers’ lack of awareness around these complex and volatile products," a representative of the British regulator told the BBC.
πŸ“Š At present, Bitcoin is a small speck in the huge global financial system.

The capitalization of BTC is $900 billion
Digital asset market capitalization is $2 trillion
Global global debt is $300 trillion
Global real estate value = $325 trillion

Enough to pour 1% of the world's capitalization into Bitcoin to make 1 BTC worth $400,000.
πŸ“‰ Glassnode experts stated the current BTC price decline is due to the activity of Asian traders β€” the last week sales of the first cryptocurrency in Asian trading hours increased significantly: "unprecedented amount of selling from Asia as force behind the current downturn".

Such sales can be explained by the Chinese government's active fight against cryptocurrencies. Thus, this week, China updated the censorship rules for video hosting platforms and media: it is forbidden to publish any materials mentioning cryptocurrencies under the threat of revocation of the license. Meanwhile, the exchange Huobi aims to shut down Chinese users as early as December 31.

At the same time, Bitcoin is bought in the U.S. and European trading hours. A similar situation was already in March, when the most massive sales were also held during Asian hours.
πŸ‘1
πŸ‡¦πŸ‡· Vitalik Buterin met with the former president of Argentina, during a conversation Mauricio Macri said that Ethereum is one of the most innovative decentralized technologies of the century.

Among other things, Buterin and the former president discussed the potential of cryptocurrencies and blockchain to benefit the state.

Blockchain is becoming mainstream, very soon digital assets will cease to be a gimmick, and everyone will know about them, from schoolchildren to housewives.
πŸ‘2
πŸ‹ Ethereum fell below $3800 today, but Santiment analysts think ETH attractiveness is only increasing.

Since October 1, whales with balances of 100k ETH and more have been buying huge amounts of coins during every fall of the second cryptocurrency – during this period, the largest holders have accumulated $5.4 billion worth of ETH.
πŸ‘¨πŸ’» At Google, Meta, Amazon, and other large companies, concern about employee retention has become so urgent that it has turned into a weekly agenda item for executives. Employees are especially likely to leave for cryptocurrency and blockchain companies.

According to a former vice president of Amazon's cloud computing division, within two days of her posting on LinkedIn that she was joining a crypto tech company, more than 350 people had submitted resumes, with the majority being employees of enormous Internet companies.

It's like the birth of the Internet in the 1990s β€” overly chaotic, but full of opportunity.
🐳 The wallet with 321 BTC woke up after more than 8 years of hibernation, the value of the coins has grown 2,274 times in that time, from $6,594 at the time of purchase, to an incredible $15 million.

The highest rates of return show customer accounts that are either dead or inactive for an extended period of time
🧬 Elon Musk criticized the metaverses and Web3 stating that he does not see a future in which one would have to leave the physical world to live in virtual reality and that it is more like marketing than real technology.

The richest man in the world added that in the long run, Neuralink is cooler than metaverses as it will be able to fully immerse people in the virtual world, without any consequences.

πŸ’‘ Neuralink is an American neurotechnology company founded by Elon Musk that develops and manufactures implantable neurocomputer interfaces.
Have you ever invested in cryptocurrency ?
Anonymous Poll
64%
Yes
34%
No
2%
I'll send my investment portfolio in the comments
The world's first SMS sold as an NFT

On December 21, a non-fungible token (NFT) tied to the world's first SMS, which was poisoned on December 3, 1992, was sold at an Aguttes auction in France. The transaction amounted to $150,000.

The first-ever SMS message was sent 29 years ago by programmer Neil Papworth to his colleague at Vodafone, Richard Jarvis. The message consisted of two words: Merry Christmas.
πŸ”₯ Binance is canceling the quarterly BNB burn β€” instead, they are launching the BNB Auto-Burn mechanism, which works independently of the profits made on Binance by using BNB.

The number of coins burned to depend on the price of BNB and the number of blocks created during the quarter. BNB Auto-Burn to stop when the BNB issue drops below 100 million.
πŸ‘1
πŸ’³ Visa has partnered with as many as 60 major crypto platforms to launch card programs that make it easy for consumers to convert and spend BTC at more than 80 million merchant locations worldwide.
πŸ”₯1