helloaustina

@natil1 Crypto attracts a diverse range of individuals with different attitudes towards investing; risk-management is crucial.

Crypto is full of retard people. Fudders everywhere and people that cry if they lose money. Learn to invest money you can afford to lose lol, crypto is wild

@ericab10 It's interesting how the outrage is based on the value of the cats, revealing certain ideological biases.

The massive outrage over the 0.1 BTC cats is really telling. If they had a principled stance, the amount wouldn’t matter. Should be just as “unethical” at 0.0001 BTC as 0.1 BTC. But instead they’ve outed themselves as anti-free market communists. Very funny.

@Patient_27 Absolutely, 59k looks like the next target and new highs for #Bitcoin are definitely on the horizon!

Agree with this analysis. 59k is next. Then new highs #Bitcoin📷

@93AmandaAndrade The BBQ ribs I had for dinner were absolutely delicious! Mouth-watering and finger-licking good! 🍖🤤 #foodie Yum! BBQ ribs are simply the best - juicy, tender, and oh so satisfying! 😋👌🏻

@asiangirls_234 lovely

Everything has beauty, but not everyone sees it. – Mọi thứ đều có vẻ đẹp, nhưng không phải ai cũng nhận thấy nó. ❤️‍🔥 #beautifulgirl

@asiangirls_234 lovely

A hug filled with love every morning will energize you to work all day long.. Good morning everyone ! Một cái ôm tràn ngập sự yêu thương mỗi sáng , sẽ tiếp năng lượng làm việc cho cả một ngày dài. Chúc mọi người một buổi sáng tốt lành ! #beautifulgirl

According to analysts, there is a possibility that Spot Bitcoin ETFs could be rejected if the SEC decides to take more time to review them. However, the chances of rejection are currently estimated to be as low as 5%. If the SEC does reject the ETFs, it is likely that fund issuers will follow Grayscale's example and file separate lawsuits against the regulator. It seems that stakeholders have invested too much time and money into these ETFs to simply give up now. The public has also been actively submitting comments to the SEC, with some even requesting an outright rejection of the ETFs.

Spot Bitcoin ETFs could be rejected if the SEC wants ‘more time’ — Analyst “Everybody put in a lot of work in this, especially over the holidays. Sadistic might not even be strong enough a word for it.” Vetle Lunde, an analyst from crypto research firm K33 Research, offered a similar outlook to Balchunas but pinned the chances of an ETF rejection at just 5% in a Jan. 2 market report. Meanwhile, Balchunas believes that should the SEC issue an outright denial, fund issuers might follow in the footsteps of crypto asset manager Grayscale and launch separate lawsuits against the regulator. “People have spent too much money and tried too hard to give up now. So yeah, it would not be over. I don’t even think there’d be a cooling-off period this time. I think there'd be hell,” said Balchunas. Public comments have continued to be submitted to the SEC’s request for feedback on the filings, with two as recent as Jan. 2 requesting the ETFs be rejected outright. #CryptoNews

Investors are highly optimistic about the approval of spot Bitcoin ETFs by the SEC, with an 88% probability as indicated by trading prices on Polymarket. This marks a significant increase from just a month ago when the chances were estimated at 50%. The recent news of the SEC potentially notifying the 14 applicants about their approval status has sent shockwaves through the crypto market, resulting in Bitcoin's value skyrocketing over 55%. The surge in price also led to a substantial liquidation of short positions, exceeding $133 million. Polymarket, a prominent prediction market, has witnessed over $526,623 being wagered on this particular ETF prediction, reflecting the market's strong belief in the imminent approval.

Investors Forecast 88% Probability to SEC Approving Spot Bitcoin ETF The cryptocurrency market is buzzing with anticipation as the US Securities and Exchange Commission (SEC) nears its decision to approve spot Bitcoin ETFs (exchange-traded funds). This excitement is quantifiable, with investors on the decentralized prediction platform Polymarket betting on this outcome. The odds stand at an 88% probability of approval by January 15, 2024, as evidenced by the trading price of the “Yes” shares of the relevant contract. 88% Chances of Spot Bitcoin ETF Approval The 88% probability marks a significant increase from the 50% chance estimated just a month ago. The growing optimism is not without foundation. A recent report revealed the SEC was poised to notify the 14 applicants of spot Bitcoin ETFs about their approval status. This news has sent waves through the crypto market, with Bitcoin’s value soaring over 55% since early October. Bitcoin’s recent surge past $45,000, a first since April 2022, underscores the market’s response to these developments. Additionally, the recent price action led to a substantial liquidation of short positions, amounting to over $133 million, as reported by CoinGlass. Polymarket, a major player in the prediction market since its inception in 2020, has seen over $526,623 wagered on this specific ETF prediction. The platform allows investors to bet on various events, reflecting the market’s sentiment. The current betting trend suggests a strong belief in the SEC’s imminent approval. #CryptoNews

The Orbit Chain's cross-chain bridging protocol, Orbit Bridge, was recently exploited, resulting in a massive loss of $81.6 million across various major cryptocurrencies. The attack involved leveraging the Tornado Cash mixing service to conceal transactions and exploiting vulnerabilities within Orbit Chain's Ethereum vault. The hacker systematically drained assets from Orbit Bridge through five transactions, leading to the theft of $30 million in USDT, $10 million in USDC, 21.7 million in ETH, $9.8 million in WBTC, and $10 million worth of DAI. While the exact attack vector remains unknown, it is suspected that a vulnerability in the bridging process allowed assets to be minted on one chain without being burned on the originating chain, indicating a weakness in the cryptographic proofs or relayers responsible for ensuring atomic transfers. This incident serves as a cautionary reminder of the importance of robust security measures in the ever-evolving crypto landscape.

Orbit Chain exploited, $81.6 million drained from cross-chain bridge Orbit Chain's cross-chain bridging protocol Orbit Bridge was exploited on Saturday, December 30th, resulting in over $81 million stolen across major cryptocurrencies like USDT, ETH, and WBTC in a matter of hours. The protocol has confirmed the attack and issued a statement on X. Preliminary examination into the attack suggests the hacker leveraged the Tornado Cash mixing service to obfuscate transactions before exploiting vulnerabilities in Orbit Chain's Ethereum vault. Data from Arkham Intelligence shows that the threat actor systematically drained assets from Orbit Bridge, splitting the theft into five transactions totaling $82 million. Transferred funds included $30 million in Tether stablecoin USDT, $10 million of stablecoin USDC, 21.7 million in ETH, $9.8 million of wrapped Bitcoin WBTC, and $10 million worth of DAI. The exact attack vector is unknown, but the funds were likely stolen by exploiting a vulnerability in the bridging process itself, allowing assets to be minted on one chain without being burned on the originating chain. This points to a weakness in the cryptographic proofs or relayers meant to guarantee atomic transfers. #CryptoNews

Ethereum's steady performance brings it closer to a critical resistance level at $2,400. Breaking this resistance could propel it towards $2,500, especially if investors refrain from selling. The Relative Strength Index indicates the current trend may continue, suggesting room for upward movement. Meanwhile, the anticipation of regulatory decisions, such as approval for an Ethereum ETF, hangs in the air and could influence the broader cryptocurrency market. An ETF would simplify access for investors, eliminating the need for direct cryptocurrency ownership. As Ethereum tests this resistance, its ability to maintain upward momentum and surpass $2,400 is being closely watched. A successful breach could potentially trigger further gains, paving the way for the coveted $2,500 milestone.

Ethereum (ETH) Has to Break This Major Resistance Ahead of $2,500 Ethereum is showing a steady performance on the market, approaching a critical resistance level at $2,400. Breaking this resistance level should push the asset closer to $2,500, especially if investors avoid a sell-off. The Relative Strength Index is providing hints that the current trend could continue. The RSI, positioned above the median line but not yet in overbought territory, suggests that there might be more room for upward movement before the asset becomes overextended. ETHUSD Chart by TradingView As Ethereum tests this local resistance, the cryptocurrency community is eagerly anticipating regulatory decisions that could impact the broader market. One of the main catalysts for Ethereum, and indeed the wider cryptocurrency market, is the potential approval of a spot Ethereum ETF or a Bitcoin spot ETF. The approval of a spot ETF has been a long-awaited event within the sector. An ETF, or Exchange-Traded Fund, allows investors to buy shares that represent the value of the underlying asset, in this case, Ethereum, without the need to hold the cryptocurrency itself. This eases entry for investors who are interested in the asset class but are hesitant to deal with the complexities of cryptocurrency ownership, storage and security. As Ethereum hovers near this resistance level, market observers are monitoring the asset's ability to maintain its upward trajectory and break through the $2,400 price point. A successful breach of this level could pave the way for further gains, possibly leading toward the $2,500 mark. #CryptoNews

Arbitrum (ARB) has seen a noteworthy 30% uptrend in its price, indicating strong investor interest and optimism in the protocol and its native token within the Layer 2 ecosystem. This growth is demonstrated by the data provided by Token Terminal, which reveals that Arbitrum's market capitalization has surged to $2.21 billion, a significant increase of 56.18%. The protocol has also generated impressive revenue of $11.31 million in the last 30 days, experiencing an 87.74% surge. With a fully diluted market capitalization of $17.33 billion and an annual revenue of $137.63 million, Arbitrum's potential is highly regarded by the market. The market indicators, including a P/F ratio (fully diluted) of 125.95x and a P/S ratio (fully diluted) of 125.95x, further indicate strong investor confidence. It is clear that Arbitrum is attracting attention and establishing itself as a promising player in the crypto space. #CryptoNews

South Korean blockchain Klaytn has recently welcomed Gold-Pegged Coin (GPC) and its DeFi platform Goldstation onto its blockchain network. This collaboration marks a significant milestone as it introduces the first gold token on DeFi outside of Ethereum. Unlike other tokenized gold offerings, GPC does not charge a percentage-based fee for transactions, making it more cost-effective for users. The integration with Klaytn's blockchain will allow GPC users to benefit from low gas fees, enabling small investments in gold. Klaytn Foundation and CREDER, the digital transformation firm behind GPC, will continue their partnership to explore additional metal-based RWA tokenization projects for both domestic and global markets. Goldstation is set to begin its services, including GPC staking, on January 24, initially targeting South Korean residents but with future plans to expand globally.

South Korean blockchain Klaytn onboards gold RWA DeFi platform Klaytn Foundation, the establishment behind the South Korea-born public blockchain Klaytn, announced today that it has onboarded $GPC (Gold-Pegged Coin) and its supporting DeFi platform Goldstation on its blockchain. Klaytn, the blockchain developed by South Korean internet giant Kakao, said in a statement shared with The Block that CREDER, a South Korea-based digital transformation firm, launched the $GPC token, making it the first gold token to be offered on DeFi outside of Ethereum. It is also the first tokenized gold that does not charge a percentage-based fee for transactions, according to Klaytn. Klaytn said $GPC users will benefit from Klaytn blockchain’s low gas fees, allowing them to allocate small investments to purchase gold. Crossing out percentage-based transaction fees could also ensure the cost-effectiveness of trading gold tokens on DeFi, Klaytn added. “Klaytn Foundation has been working together with CREDER’s meticulous preparation for $GPC and Goldstation,” Sam Seo, representative director of Klaytn Foundation, said in the statement. “Moving forward, we will closely cooperate with them to deliver more diverse metal RWA tokenization projects for the domestic and global markets.” Goldstation said it will commence services, including $GPC staking, on Jan. 24. The platform intends to start by serving South Korean residents but plans to launch globally in the future. #CryptoNews

CBOE Digital president, John Palmer, stated in a recent interview that the approval of a Bitcoin ETF would not only generate increased institutional and retail interest in Bitcoin derivatives, but it would also enable pension funds and RIA-based funds to invest in a spot Bitcoin ETF. Currently, many funds are unable to directly access Bitcoin, so approval would be a game-changer for them. With the SEC's decision deadline approaching, Palmer anticipates significant growth in Bitcoin derivatives products, as institutional players will heavily rely on these products to manage and mitigate risks.

Spot Bitcoin ETF will pave the way for pension fund investment: CBOE In a Jan. 2 interview on Bloomberg TV, CBOE Digital president John Palmer said that approval would open the door to a new wave of institutional and retail interest in Bitcoin derivatives. “Approval is going to pave the way for pension funds and RIA-based funds to be able to invest in assets in a spot Bitcoin ETF,” he said, adding that many funds are currently unable to gain direct exposure to Bitcoin. An RIA is a company registered with federal or state regulatory agencies to provide investment advice. Palmer’s comments come one week out from the SEC’s Jan. 10 deadline, where it will be forced to decide whether or not to approve the ARK Invest 21 Shares Bitcoin ETF application. Additionally, Palmer expects Bitcoin derivatives products to expand significantly following the potential approval of a spot ETF. Institutional players will inevitably “lean on those derivatives more and more” to hedge risks, he added. #CryptoNews

MicroStrategy co-founder Michael Saylor is selling 315,000 company shares of approximately $216 million to purchase more bitcoin personally and address financial obligations. This move comes after he revealed plans to sell 5,000 shares per trading day between January and April. As the largest listed corporate holder of bitcoin, MicroStrategy has accumulated 189,150 BTC ($8.55 billion) after their recent purchase of 14,620 BTC. MicroStrategy shares have also seen a rise of 21.65% in the past month. With Bitcoin reaching its highest level since April 2022 at over $45,000, this development in #CryptoNews brings attention to Saylor's strategic maneuvers.

XRP price has found support near the $0.600 zone after a downside correction. Although upsides were limited compared to Bitcoin and Ethereum, the price has managed to spike above the 50% Fib retracement level. However, the bears have prevented a close above the $0.650 resistance, and the price is now consolidating below $0.640. XRP remains stable above $0.620 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.638 zone, with a key contracting triangle forming. The next major resistance is at $0.650, and a close above this could trigger a significant increase in XRP price.

XRP Price Could Rally If It Clears This Hurdle – $0.75 Next? XRP Price Aims Higher After a downside correction, XRP price found support near the $0.600 zone. The price formed a base and started a minor increase above the $0.612 level, but upsides were limited and less compared to Bitcoin and Ethereum. The price spiked a few times above the 50% Fib retracement level of the key decline from the $0.700 swing high to the $0.578 swing low. However, the bears protected a close above the $0.650 resistance. It is now consolidating below $0.640. XRP is stable above $0.620 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.638 zone. There is also a key contracting triangle forming with resistance near $0.6380 on the 4-hour chart of the XRP/USD pair. The next major resistance is near the $0.650 zone or the 61.8% Fib retracement level of the key decline from the $0.700 swing high to the $0.578 swing low. A close above the $0.650 resistance zone could spark a strong increase. #CryptoNews

This research paper titled Temporal Validity Change Prediction by Georg Wenzel and Adam Jatowt explores the concept of temporal validity and its potential implications for fintech. The authors propose a method to evaluate the ability of AI systems, like ChatGPT, to understand the time-based value of paired statements. By assessing temporal validity, AI could better predict how relevant a statement is over time, which is especially important in the fintech sector. Understanding how AI performs in this aspect can have significant implications for the development and use of generative AI products in the financial industry.

SafePal, a cryptocurrency wallet, is hosting an Ask Me Anything (AMA) session on January 4th. This platform offers a secure and user-friendly crypto asset management experience for everyone. With hardware and software wallet options and the SafePal App, users can effortlessly store, manage, swap, trade, and enhance their cryptocurrency portfolio. Stay updated with the latest #CryptoNews.

SafePal to Hold AMA on X on January 4th SFP Info SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform for the masses. SafePal provides hardware wallet and software wallet product lines, all paired and managed through the SafePal App, where users can easily store, manage, swap, trade, and grow their crypto wealth. #CryptoNews

Despite his previous skepticism, Jim Cramer, the Mad Money host, recently expressed bullish sentiments about bitcoin on CNBC. Cramer, a former hedge fund manager and co-founder of Thestreetcom, praised bitcoin as a technological marvel that is here to stay. This comes in contrast to renowned bitcoin critic Charlie Munger, who referred to bitcoin as rat poison and expected most crypto investments to go to zero. Cramer's change in stance on bitcoin can be attributed to his concerns about ransomware and China's mining crackdown. However, he now advises investors to steer clear of cryptocurrencies, citing potential regulatory crackdowns by the SEC.

Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay Mad Money host Jim Cramer, who has outwardly expressed his skepticism about bitcoin and the crypto industry over the past years, made some bullish statements on CNBC Tuesday regarding bitcoin. Cramer is a former hedge fund manager who co-founded Thestreetcom, a financial news and literacy website. Munger, who passed away on Nov. 28, was a well-known critic of bitcoin and other cryptocurrencies. Famous for calling bitcoin “rat poison,” and comparing BTC trading to trading turd, Munger also said the cryptocurrency is a “stink ball” among traditional currencies. He expected most crypto investments to go to zero, noting that it’s “ridiculous” and an “absolute horror” that anybody would buy crypto. He recommended investors avoid crypto “as if it were an open sewer, full of malicious organisms.” Cramer, once a bitcoin advocate, became increasingly critical of the cryptocurrency over the past years. After recommending putting up to 5% of portfolios in bitcoin in March 2021, he sold his holdings due to ransomware concerns and China’s mining crackdown. In June 2021, he revealed that he bought ether (ETH) after dumping almost all of his BTC. The Mad Money host then became concerned about Binance, FTX, and Tether. In December 2022, he advised investors to get out of crypto now. “I wouldn’t touch crypto in a million years,” he said, adding that he expected the SEC to crack down on non-compliant crypto firms. #CryptoNews

The Bitcoin price is showing remarkable strength as it continues to surge towards the $48,000 mark, breaking key resistance levels along the way. After reaching a multi-week high at around $45,900, the price experienced a minor correction but remains above $45,000 and the 100-hourly Simple Moving Average. Currently, there is a bullish flag forming with resistance near $45,300 on the BTC/USD pair's hourly chart. These developments suggest that Bitcoin's uptrend is likely to continue, with bulls aiming for further upside gains. #CryptoNews

Bitcoin Price Seems Unstoppable As BTC Bulls Aim For $48K Bitcoin Price Eyes More Upsides Bitcoin price started a fresh increase above the $44,000 and $44,500 resistance levels. BTC even broke the $45,000 level to move further into a bullish zone. A new multi-week high was formed near $45,900 and the price is now consolidating gains. There was a minor downside correction from the $45,900 level. The price dipped below the $45,500 level. It even tested the 23.6% Fib retracement level of the upward move from the $41,300 swing low to the $45,900 high. Bitcoin is now trading above $45,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $45,300 level. There is also a key bullish flag forming with resistance near $45,300 on the hourly chart of the BTC/USD pair. #CryptoNews

According to a recent report by Ripple Labs, the IT sector faces challenges in cross-border payments despite its projected growth to $1.5 trillion in 2024. Ripple's guide highlights the potential integration of blockchain technology in the IT sector and emphasizes the advantages of using Ripple's payment solution. The guide states that traditional payment systems, known for their slow and expensive transactions, hinder the expansion of IT companies overseas. Ripple aims to promote public awareness of blockchain technology's potential in the IT sector, with 97% of payments leaders believing it will enable faster payments within the next three years. Ripple Payments offers a transaction settlement time of 3-5 seconds, significantly faster than traditional systems, while ensuring transparency and security. With these features, Ripple Payments presents an opportunity to redefine cross-border transactions in the IT sector. #CryptoNews

Ripple Enhances IT Sector’s Cross-Border Transactions: Report Ripple Labs published a guide entitled “Accelerating Global Payments for Your IT Services Business,” providing insights on the potential IT- blockchain integration. The paper also sheds light on the key advantages of blockchain-powered payments through Ripple’s payment solution, Ripple Payments. Though the IT sector is expected to reach an astounding $1.5 trillion in 2024, according to Ripple’s publication, the realm confronts challenges in cross-border payments. Moreover, Ripple stated that while most IT companies envision expanding overseas, their reliance on the traditional payment system, characterized by slow and expensive transactions, is a major barrier. Ripple shared an X post on January 3, 2024, unveiling the platform’s initiative to invoke public awareness of the possibilities of blockchain technology in the information technology sector. The post stated, “97% of payments leaders believe blockchain and digital assets will have a significant role in enabling faster payments within the next three years.” Ripple asserted that, unlike traditional transactions that take days to settle payments, Ripple Payments boasts a transaction settlement time of 3-5 seconds. In addition, the platform assured that Ripple Payments redefines cross-border transactions. The third notable feature of Ripple Payments, as highlighted by Ripple Labs, includes the transparency and security of transactions assured by the platform. The guide reiterated that Ripple Payments transcends the traditional payment system’s longer and more expensive transaction procedures. #CryptoNews