Power Crypto Club

2023-04-20 16:55:35 Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks.

Coinbase has received a license to operate in the offshore haven of Bermuda, signaling that the company is doubling down on plans to increase its international business at a time when U.S. regulators have become hostile to the crypto industry. Ouvert / Commentaire

2023-04-19 06:06:32 SEC Chairman, clown Gary Gensler, says Silicon Valley Bank's collapse was #crypto related. Ouvert / Commentaire

2023-04-19 05:56:44 Did you know that 4 men owned 86% of #Tether ($USDT Market Cap of $81,091,228,716):

Giancarlo Devasini (Bitfinex CFO) 43%

Jean-Louis van Der Velde (Bitfinex CEO) 15%

Stuart Hoegner (Bitfinex Chief Counsel) 15%

Christopher Harborne with British & Thai citizenship Chakrit Sakunkrit (CEO AML Global, Founder Singular AI Consulting Limited) 13% equal to about 350,000,000,000 Baht Ouvert / Commentaire

2023-04-18 16:49:41 Great to see the price structures of the major cryptos working their new recent price levels, with this Accumulation Phase which must make them stronger, before launching an Impulse Wave which will have to Breakout the resistance of the last high price, then reaching the new price zone, in order to start again the same Bullish Cycle...

This is the only way to reach new highs and stay there (like traditional assets as stocks or indices) without systematic collapse after hitting any ATHs due to speculative bubbles. Ouvert / Commentaire

2023-04-18 09:33:37 As I have been following since 2017, $LTC has often been a movement indicator for $BTC, so let's see if the next breakout could indicate bullish BTC rally... Ouvert / Commentaire

2023-04-17 07:13:09 #BRICS Countries Overtake #G7 Nations in Global #GDP

The BRICS countries, comprising Brazil, Russia, India, China, and South Africa, have surpassed the G7 nations in economic might. When purchasing power parity is considered, these nations hold the top spot and form the largest global gross domestic product (GDP) bloc.

BRICS countries led by China and India have officially overtaken G7 in share of world PPP GDP
and now contribute 31.5% of global GDP, with further projected growth.

Compared to G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union (E.U.), have seen a reduction of about 30% in their GDP.

The BRICS is also expanding – Bangladesh, Egypt and the UAE have all just joined the BRICS New Development Bank, with numerous other countries poised to do the same. Ouvert / Commentaire

2023-04-14 21:55:03 #Solana Mobile $SOL

Everyone has a story
Legends own a #Saga
Become legendary

Solana's Android phone is here with the crypto-first web3-focused Saga phone!

Unlike typical Android devices, the Saga has web3 features and a “Solana dApp Store,” where you can find apps for web3 platforms. The store has a slim handful of applications:

4 Wallets: #Phantom, #Solflare, #Ledger and #Squads
3 DeFi Apps: #Marinade_finance, #Jupiter and #Mango
3 NFT Apps: #Nokiamon, #Minty_Fresh and #TIEXO
3 Social Apps: Dialect, Audius Music and urFeed
And the dApp “workspace”

https://solanamobile.com

#wishlist #Web3 Ouvert / Commentaire

2023-04-14 21:37:30 With the return of volatility and bearish reversal signs, all the "moon boys" come alive with their crystal ball prediction, which many are also talking about a return of the famous “Alts Season” except that they do not realize that the context is totally different from that of 2017, even 2020.

Crypto Total Market Cap (Excl. #BTC) with only Active Cryptos:
2017: $55B / 1,300 Alts = $42M per Alt (+70%)
2020: $130B / 2,400 Alts = $54M per Alt (+27%)
2023: $650B / 8,800 Alts = $74M per Alt (...)
Note: the last number is the increase after the Alts season.

Dominance $BTC:
2017: 36% ($1,100)
2020: 36% ($8,500)
2023: 48% ($31,500)

Dominance $ETH:
2017: 10% ($49)
2020: 8% ($200)
2023: 20% ($2,100)

Crypto with No Real Value or Utility:
2017: 20-30% (all are estimates)
2020: 50-60%
2023: 80-90%
Note: Among the Top 100 by Market Cap, a 2022 study shows that only 36 projects provide real value or useful function to users.

@AlainBKK 15-April-2023 Ouvert / Commentaire

2023-04-14 19:43:17 #Binance burn 2,020,132 $BNB or 1.27% of its total supply during its "23rd quarterly BNB token burn" (about $676 millions). Ouvert / Commentaire

2023-04-14 13:33:54 #NASDAQ100 There are 7 companies out of 100 weigh for over 50% of the total market cap.

Performance since Jan-2023:
#Meta +70%
#Tesla +45%
#Apple +28%
#Microsoft & #Google +18%
#Amazon +15% Ouvert / Commentaire