1/ We're seeing a surge in daily active users and a growing interest in the platform's #DeFi and #NFT spaces. Will it last? 👀
Jan 10 • 7 tweets • 5 min read
After a wild 2021, #crypto ran into major headwinds in 2022 as central #banks began to unwind their #pandemic-era monetary policies. Here's a look at the 6 figures that defined crypto in 2022. 👇
It's been a wild ride for #Bitcoin in the past year, but it looks like things could be settling down for public #miners.
Here are 10 Bitcoin mining predictions for 2023, according to @hashrateindex 👇
1. The bitcoin bear market will come to an end
The future of #Bitcoin mining is heavily influenced by the price of Bitcoin. Arcane Research's 2022 year-end report shows that the current bear market is similar in length to 2014-15 and 2018, with a peak-to-through drawdown of 78%.
🧵A thread by @esatoshiclub
2/4Tensions are rising as #Winklevoss, co-founder of #Gemini, calls out #DCG founder Barry Silbert over $900 million in locked customer funds. Crypto Twitter is speculating about potential liquidity issues at #DCG and the impact on #GBTC and #ETHE positions held by #Grayscale.
Jan 4 • 6 tweets • 3 min read
1/6 Digital Currency Group #DCG and its subsidiaries are facing liquidity issues stemming from the #FTX collapse. This has led Gemini to halt its Earn Program. But why? Let's find out. 👇
🧵A thread by @esatoshiclub2/6 #Genesis, a crypto lending company and a subsidiary of #DCG, suspended redemptions and new loan originations on November 16 due to the market turmoil caused by #FTX.
Jan 3 • 6 tweets • 4 min read
1/6 Did you know that the first block of the #Bitcoin#blockchain, known as the Genesis Block, was mined on January 3rd, 2009 by the mysterious creator of Bitcoin, Satoshi Nakamoto?🤔
Find out more about The Genesis Block in @esatoshiclub's thread 👇 2/6 The Genesis Block is unique in a number of ways. For one, the 50 #BTC reward for mining the block was sent to an address that it can never be recovered from.
Since its creation, many people have sent $BTC to the account, pushing its total balance to 68.56 #BTC, worth $1.1M
Real-world assets (RWA) are helping to unlock liquidity and utility by moving on-chain. @MakerDAO has invested in US Treasuries and corporate bonds and partnered with #banks. These moves could become more common in 2023
It's clear that @binance wants to chunk a big piece of this market. But would it be able to dethrone USDC?
Oct 7, 2022 • 10 tweets • 8 min read
1/10 Another major #Cryptohack! @BNBCHAIN got ripped off of over $110 mil. This sum's no joke!
Will there be any consequences to the market?
What actions are @cz_binance and @binance's team taking to contain this?
A thread by @esatoshiclub! 🧵
2/10 Long story short, #BNBChain was hacked and the hacker got over $590 million in #BNB.
Fortunately for @binance and the whole market, he got off-chain just something over $110 million.
Let's see how it went down( no advanced technicals, just something all can understand).
Oct 6, 2022 • 14 tweets • 8 min read
1/14 The new package of sanctions against Russia is confirmed!
Let's find all the answers right now!
A thread by @esatoshiclub! 🧵
2/14 Since the beginning of the #UkraineRussiaWar, Russia has been attacked with multiple sanctions packages from all around the world.
Although they didn't directly attack #cryptocurency and other digital assets, they did make some damage to the Russian #web3 community.