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May 19 14 tweets 5 min read Twitter logo Read on Twitter
🚨 China and Hong Kong Crypto Narrative is Back:

Here are 5 Coins to Watch 🚀 Image
➡️ June is the month of the Hong Kong and China #cryptocurrency narrative, which has captured the attention of the #crypto community and sparked lively discussions.
Hong Kong's Crypto Decision

➡️ Hong Kong is embracing cryptocurrency with its upcoming VASP framework, allowing certified professional investors exclusive access to cryptocurrency exchanges.
➡️ Hong Kong finance regulator plans to introduce licensing for crypto firms.
Retail traders can access #crypto services from licensed firms starting June 1.

➡️ Reports suggested that China's mainland government in Beijing may have quietly endorsed this move. and Huobi Global crypto exchanges have already expressed their intention to apply for exchange licenses in Hong Kong, promising increased accessibility for Hong Kong clients.
Hong Kong To Replace U.S.A?

➡️ U.S. regulators are cracking down on cryptocurrencies, causing concern about the country's position as a financial hub in the long run. Image
➡️The lack of clear legislation and a friendly regulatory environment for cryptocurrencies in the U.S. might push investors towards more crypto-friendly regions like the European Union, the United Kingdom, and Hong Kong.
Analysts Predict "China Coins Pump"

➡️ The Chinese crypto market is gaining attention due to regulatory relief in Hong Kong and the potential for quantitative easing in China.
➡️ Historically, massive liquidity injections by the People's Bank of China (PBoC) have coincided with an increase in crypto market capitalization, creating optimism among investors. Image
➡️ The introduction of a licensing framework for Virtual Asset Service Providers (VASP) in Hong Kong further adds to the excitement around "Chinese Cryptos."
Top Chinese #Cryptocurrencies to consider for potential profits in 2023.


➡️ These tokens offer diverse use cases and have shown promising growth, attracting investors interested in the Chinese crypto market.
➡️ Remember, the true scope of the Chinese crypto market's development remains to be seen.

➡️ While regulatory changes and licensing frameworks provide opportunities,
➡️ It is essential to approach investments with caution and research each #cryptocurrency thoroughly.

#Crypto #Chinesecoin #CryptoNews
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More from @Mysteryofcrypt

May 20
🚨Venom #Airdrop : The Most Anticipated Airdrop of 2023 🚀

Claim Free $1000 Worth VENOM Tokens 💰 Image
➡️ $VENOM is the native token of the Venom blockchain, which is a high-performance, scalable blockchain that is designed to support decentralized applications.

➡️ You can get free $VENOM tokens, which could be worth a lot of money in the future.👇🏻
Here's a step-by-step guide for the Venom airdrop:

Step 1: Install Venom Wallet Extension

➡️ Go to…

and install the Venom Wallet extension on your Chrome browser.
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May 19
📢 🇮🇳 BIG BREAKING NEWS: India to withdraw Rs 2,000 currency notes from circulation; 🚨

This is something you need to know🧵 Image
1️⃣ The RBI has issued a notice advising banks to cease issuing Rs 2,000 denomination banknotes with immediate effect.

2️⃣ From May 23, an exchange facility will be available for Rs 2,000 banknotes, allowing individuals to exchange up to Rs 20,000 at a time, as stated by the RBI.
3️⃣ The withdrawal of the Rs 2,000 notes is aimed at addressing issue of black money and illegal transactions.

4️⃣ The move to withdraw the Rs 2,000 currency notes is part of the RBI's ongoing efforts to streamline the currency system and promote the use of digital transactions.
Read 6 tweets
May 18
Why #Ethereum is About to EXPLODE 🔥

Read this thread to find the answer 🧵 Image
What is EIP - 1559 ?

➡️ EIP-1559 is essentially a proposal to change Ethereum’s fee structure. But it’s also known as Ethereum’s scarcity engine or
ETH’s burn mechanism

➡️ Ethereum fans should be happy because burning ETH makes it rarer, which can make it more valuable. Image
EIP 1559 and Deflationary Supply

➡️ Ethereum's EIP 1559 introduces a burning mechanism, resulting in a deflationary supply of Ether.

➡️ More #Ether is being burned than newly issued, reducing the overall supply of Ethereum.
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May 18
Ledger's New Update Sparks Security Concerns ‼️⚠️

Read this to Find out 🧵 Image
What is Ledger ?

➡️ Ledger is a French company that manufactures hardware wallets for cryptocurrencies.

➡️ Hardware wallets are physical devices that store users' cryptocurrency private keys offline, making them more secure than hot wallets, which are stored online.
Ledger's New Update :

➡️ Ledger now offers the "Recover" subscription, providing a backup solution for private keys.

➡️ Private keys are split into three encrypted parts, stored separately by three custodians, including Ledger. Image
Read 12 tweets
May 17
🌍 The End of the US Dollar? Consider #Bitcoin!

🔍 Discover the Future of Currency in this Captivating Thread!🧵 Image
💰The US dollar's global reserve status is under threat, as countries seek alternatives and engage in de-dollarization.

Is it time to explore Bitcoin as a potential solution? Let's dive into the details. 👇🏻
💥 Doubts about the Dollar's Future:

➡️ Rampant inflation and massive debts raise concerns

➡️ The US is burdened with a staggering $32 trillion debt and increasing interest payments.
Read 10 tweets

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