• ZachXBT recently called out two Twitter accounts, @radako and @Fitz_lol, for perpetrating multiple NFT-related scams over the past month.
• These accounts suddenly began using NFT profile pictures and tweeting about NFTs at the end of last month, resulting in their follower accounts rapidly increasing.
• ZachXBT warns followers to be wary of these accounts and to avoid any interactions with them.

On Friday, popular on-chain sleuth ZachXBT warned followers to be wary of two Twitter accounts that have been perpetrating multiple NFT-related scams over the past month. According to ZachXBT, the accounts @radako and @Fitz_lol have been utilizing NFT profile pictures and tweeting about Non-Fungible Tokens (NFTs) since the end of December 2020, resulting in a rapid increase in their follower accounts.

The sudden rise in popularity of these accounts caught the attention of ZachXBT and other crypto analysts, who immediately began to investigate their activities. After further research, it became clear that these accounts were engaged in fraudulent activities targeting unsuspecting NFT buyers. The scam involves the accounts promising to give away rare NFTs to their followers, only to abruptly disappear with the NFTs after the followers have sent funds.

This type of scam is becoming increasingly common, as scammers are taking advantage of the growing NFT market. ZachXBT warns followers to be wary of these accounts and to avoid any interactions with them. The analyst also encourages others to report any suspicious activity to Twitter and other social media platforms.

As the NFT market continues to grow, it is important that crypto users remain vigilant and avoid any suspicious activities. By doing so, they can protect themselves and their funds from falling prey to NFT scams.

Bulletpoints:
• Bitcoin had another 7-day period of growth, increasing its market share and dominance.
• Altcoins failed to keep up, lagging behind Bitcoin’s growth.
• Genesis, one of the leading crypto exchanges, filed for bankruptcy.

The past week has been an eventful one for the cryptocurrency market, with Bitcoin (BTC) continuing to expand its dominance and altcoins struggling to keep up. The total market capitalization of all cryptocurrencies currently sits above $1 trillion, with Bitcoin’s share of the pie amounting to around 40%.

The past seven days have seen Bitcoin rise by another 12%, as it continues to benefit from increasing institutional demand and a large influx of new, retail investors. This impressive increase in value has enabled the leading cryptocurrency to further expand its market share, as altcoins have failed to keep up.

Altcoins, which are all other coins and tokens apart from Bitcoin, have had a week of mixed fortunes. While some of the more established cryptocurrencies, such as Ethereum (ETH) and Ripple (XRP) saw gains, the majority of the altcoin market has been in the red. This is mainly due to the fact that Bitcoin’s gains have outpaced those of the altcoin market, resulting in an overall decrease in their market share.

The week also saw one of the leading cryptocurrency exchanges, Genesis, file for bankruptcy. The exchange had been struggling for the past few months, and its decline came to a head when it announced its bankruptcy filing. This has been a blow to the crypto community, as it highlights the risks associated with investing in the volatile cryptocurrency market.

All in all, it has been a week of highs and lows for the crypto market. Bitcoin has continued to dominate, while altcoins have failed to keep up with its gains. This has been compounded by the bankruptcy filing of Genesis, a leading crypto exchange. Despite these issues, the crypto market remains buoyant, and it is likely that the next week will bring more exciting developments.

• El Salvador’s Alejandra Guajardo wore a glowing Bitcoin suit during the National Costume Competition of the Miss Universe 2023 contest.
• The 27-year-old actress and model showcased the evolution of her country’s currency through a dress she wore.
• The golden bitcoin outfit resembles the BTC logo, with its three prominent colors – gold, silver, and black.

El Salvador’s Alejandra Guajardo made a splash in the Miss Universe 2023 competition with her golden Bitcoin suit. The 27-year-old actress and model showcased the evolution of her country’s currency through a dress she wore. During the National Costume Competition, she sashayed the stage in a glowing Bitcoin suit, holding a scepter with a BTC logo.

The outfit was a striking resemblance to the BTC logo, with its three prominent colors – gold, silver, and black. The long-sleeved, full-length dress had a golden hue, with a black and silver pattern in the skirt. The scepter was also a work of art, with its intricate design featuring a Bitcoin logo and a crystal-studded handle.

The audience was mesmerized by Guajardo’s outfit and the way she presented it. She made sure to emphasize the significance of the Bitcoin suit on the world stage, by making statements such as “This is a symbol of our evolution and our commitment to innovation”.

This isn’t the first time El Salvador has shown its support for cryptocurrency. Last year, the country made headlines when it officially recognized Bitcoin as legal tender. This was a bold move, as it made El Salvador the first nation to recognize cryptocurrency as legal tender.

Guajardo’s Bitcoin suit is a testament to El Salvador’s commitment to the growth of cryptocurrency. It is a symbol of the nation’s willingness to embrace change and innovate, and it is a reminder that cryptocurrency is slowly but surely becoming mainstream.

The Miss Universe competition is the perfect platform to showcase a nation’s progress and culture. Guajardo’s Bitcoin suit was a statement of El Salvador’s commitment to innovation and progress. It is a reminder that the nation is willing to embrace change and be a part of the global cryptocurrency revolution.

• Bitcoin and Ether’s price and on-chain activity have seen little volatility since the start of the year
• Glassnode’s lead analyst said that periods of low market activity are often followed by volatility storms
• Glassnode’s first on-chain video report of 2023 suggests that data-based indicators show signs of an emerging crypto bull market

Bitcoin’s yearly start may be signaling an incoming bull market, according to Glassnode’s first on-chain video report of 2023. The report, released on Tuesday, reviews what could be data-based indicators of an emerging crypto bull market and suggests that Bitcoin and Ether’s price and on-chain activity have seen little volatility since the year began.

Glassnode’s lead analyst James Check noted that Bitcoin has been stuck trading within a roughly $550 range since December 17, representing a mere 3.4% trading range for almost an entire month. „It really is quite remarkable, and there could be some buildup of energy that’s ready to be released,“ he said. Check went on to explain that periods of low market activity are often followed by volatility storms, and suggested that the current low volatility may be preparing the market for a significant move.

The report further explained that Bitcoin’s hash rate has seen a slight decline since the beginning of the year. This could be interpreted as miners selling their Bitcoin to cover electricity costs, which could potentially put selling pressure on the market. However, Check noted that the decline is not significant enough to be a major worry.

Glassnode also highlighted that the number of active Bitcoin addresses has recently seen a steady increase. This could be a sign of increasing participation from retail investors, which could be an indication of a potential bull market.

Finally, the report suggested that Ether’s price has been relatively stable since the start of the year, but that its on-chain activity has seen an increase in new participants. This could be a sign that institutional investors are entering the market and could be an indicator of a potential bull market.

Overall, Glassnode’s report paints a picture of a slowly building bull market that is gaining strength with each passing day. While it remains to be seen if the market will take off, the signs are there for those willing to pay attention.

• MetaMask’s Ethereum Staking Beta has launched with Lido and Rocket Pool as its two staking providers.
• Users can conveniently stake ETH with Lido or Rocket Pool to earn yield and receive liquid staked ETH in return.
• The Web 3 wallet’s public beta allows users to select either Lido or Rocket Pool and confirm the amount of ETH they’d like to allocate for staking with a signed transaction.

MetaMask, the world’s leading Web 3 wallet, is now allowing users the convenience of staking their Ethereum directly from the app. The network’s public beta enables users to select either Lido or Rocket Pool for staking, through which they can earn yield and receive liquid staked ETH in return. ConsenSys – the Ethereum infrastructure provider behind Metamask – made the announcement on Monday.

The process for staking ETH through MetaMask is relatively simple. Once users have selected either Lido or Rocket Pool, they can confirm the amount of ETH they’d like to allocate for staking with a signed transaction on MetaMask. Upon confirmation of the transaction, they will receive their liquid staking tokens directly from the staking provider. According to ConsenSys’s announcement, both Lido and Rocket Pool offer their own set of rewards and fees for staking.

While the staking feature is currently in public beta, ConsenSys is planning to roll out more staking providers in the near future. In addition, MetaMask is also exploring ways to integrate other features, such as governance and voting, into the app. This could potentially give users the ability to vote on decisions regarding the Ethereum network.

The launch of MetaMask’s Ethereum Staking Beta is a significant milestone for the Web 3.0 wallet and its users. By providing users with an easy way to stake ETH, MetaMask is making it easier for users to earn yield on their cryptocurrency holdings. As the Ethereum network continues to mature and the demand for staking increases, MetaMask is well-positioned to capitalize on the trend.

• El Salvador’s Legislative Assembly passed a historic Digital Asset Issuance law, which will create a regulatory framework for tokenized securities, altcoins, and businesses.
• The passing of this law is expected to set the stage for the issuing of President Nayib Bukele’s Bitcoin bonds, known as the Volcano Bonds.
• This new law will focus on setting up a legal framework around the issuance of digital assets and the wider crypto classification, which includes all digital assets besides Bitcoin.

The country of El Salvador recently took a huge step forward in its efforts to establish a progressive stance on digital assets, as its Legislative Assembly voted to pass a historic “Digital Asset Issuance” law. This new law will create a much-needed regulatory framework for tokenized securities, altcoins, and businesses and is expected to set the stage for the issuing of President Nayib Bukele’s Bitcoin bonds, also known as the Volcano Bonds.

The law, which will focus on setting up a legal framework around the issuance of digital assets and the wider crypto classification, is a major milestone for El Salvador’s already progressive stance on digital assets. The country had already made Bitcoin legal tender in 2021, but this new law takes it a step further by providing a clear legal framework for the issuing of digital assets. This will provide much-needed clarity to the industry, and will also help to encourage the growth of new businesses in the sector.

The passing of this law is also expected to pave the way for the issuance of President Nayib Bukele’s Volcano Bonds. These bonds, which are backed by Bitcoin, are seen as a way to help El Salvador’s economy recover from the effects of the pandemic. The bonds are expected to be issued in the coming months, and it is hoped that they will provide a much-needed boost to the country’s economy.

The passing of this law is a major step forward for El Salvador and will help to create a much-needed legal framework for digital assets. It is expected that this law will have a positive effect on the country’s economy and will help to encourage the growth of new businesses in the sector. It is also hoped that the passing of this law will pave the way for the issuing of President Nayib Bukele’s Volcano Bonds, which are expected to provide a much-needed boost to the country’s economy. With the passing of this law, El Salvador has taken a major step forward in its efforts to become a leader in the digital asset space.

• Samsung Asset Management Hong Kong (SAMHK) has announced plans to list Samsung Bitcoin Futures Active ETF on the Hong Kong stock market starting January 13th.
• The Samsung Bitcoin Futures Active ETF seeks to provide economic exposure to BTC’s value by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME).
• The fund is a sub-fund of Samsung ETFs Trust III, an umbrella unit trust established under Hong Kong law.

Samsung Asset Management Hong Kong (SAMHK) has made plans to launch Samsung Bitcoin Futures Active ETF onto the Hong Kong stock market on January 13th, seeking to provide economic exposure to Bitcoin’s (BTC) value.

The fund is a sub-fund of Samsung ETFs Trust III, an umbrella unit trust established under Hong Kong law. It will allow both retail and institutional investors to gain exposure to Bitcoin futures products listed on the Chicago Mercantile Exchange (CME).

The ETF is backed by the vast resources of Samsung’s investment arm and is designed to provide investors with a convenient, cost-effective and easy way to gain exposure to Bitcoin’s price movements. The fund is expected to provide investors with a safe, transparent and accessible way to invest in the cryptocurrency.

The fund will also operate in accordance with the highest standards of financial security, with a focus on minimizing risks and ensuring compliance with applicable laws and regulations. All investments will be subject to ongoing reviews and regular risk assessments.

In addition, Samsung Asset Management Hong Kong has put in place several measures to ensure the safe management of the fund. It has engaged independent custodians to ensure that all of the fund’s assets are held securely. It has also established a system of internal controls, as well as an independent auditor, to ensure the proper functioning of the fund.

The fund’s listing on the Hong Kong stock market provides investors with an opportunity to gain exposure to the cryptocurrency market without having to purchase or store Bitcoin directly. Investors can now conveniently and securely gain exposure to the world’s largest cryptocurrency, without having to worry about security or regulatory concerns.

Samsung’s Bitcoin ETF is the latest in a series of moves by the company to expand its presence in the cryptocurrency space. The company recently announced the launch of its own blockchain network, which is expected to enable the development and deployment of decentralized applications.

With the listing of Samsung’s Bitcoin ETF, the cryptocurrency market is set to receive another major boost. This move will open up the cryptocurrency market to a wider range of investors, while providing them with an accessible and secure way to gain exposure to Bitcoin’s price movements. With this new ETF, Samsung is once again demonstrating its commitment to innovation and providing investors with a safe and convenient way to invest in the cryptocurrency market.

• El Salvador has passed the “Digital Asset Issuance” legislation which will set up a legal framework around the issuance of digital assets and crypto classification.
• This new law will allow the country to move closer to issuing President Nayib Bukele’s bitcoin bonds, aka, the Volcano Bonds.
• This historic bill is expected to bring a much-anticipated regulatory framework for tokenized securities, altcoins, and businesses.

The Legislative Assembly of El Salvador has passed a historic bill that is expected to bring a much-anticipated regulatory framework for tokenized securities, altcoins, and businesses. The bill, which was named “Digital Asset Issuance”, will focus on setting up a legal framework around the issuance of digital assets and the wider crypto classification. This means that there is now a platform for all other types of digital assets in the market besides Bitcoin.

For the country of El Salvador, this is a momentous occasion. This bill comes after the country made Bitcoin legal tender and is a major step towards ensuring the success of President Nayib Bukele’s bitcoin bonds, also known as the Volcano Bonds. This bill has been highly anticipated and is widely believed to be the foundation upon which the country can build its success in the digital asset space.

The bill is an important milestone for the country as it paves the way for the issuance of digital assets and will provide a legal framework for all associated businesses. This will ensure that all businesses associated with digital assets have the necessary protection and guidance to operate in the country.

The bill also outlines the regulations for the issuance of digital assets, including the setting of rules, regulations, and oversight of the issuance process. It also outlines the conditions that must be met before an asset can be issued, such as the need for a public offering memorandum and a prospectus.

The passing of this bill is a major step forward for the country of El Salvador and is expected to lead to an increase in investment in the country. It is also expected to help create more jobs and stimulate the economy.

Overall, the passing of the “Digital Asset Issuance” bill is a major milestone for El Salvador and is expected to open up many new opportunities for the country. The bill provides a legal framework for the issuance of digital assets and will ensure that all associated businesses are well-protected. This is a major step forward for the country and is expected to lead to more investment, job creation, and economic growth.

Cryptocurrency is een van de meest opwindende ontwikkelingen van de laatste jaren. Met de opkomst van de blockchain-technologie hebben we gezien dat er veel mogelijkheden zijn voor het gebruik van cryptocurrencies als een betaalmiddel. Een van de meest interessante projecten is Ripple, een cryptocurrency die is ontwikkeld met het oog op het verbeteren van de financiële sector. In dit artikel zullen we een kijkje nemen in cryptoeconomics en Ripple, waarom het zo uniek is en wat de toekomst ervan is.

Wat is cryptoeconomics?

Cryptoeconomics is een nieuwe term voor de technologie achter cryptocurrencies. Het is de studie van hoe het gedrag van mensen in een netwerk gecontroleerd en beïnvloed wordt door de technologie achter cryptocurrencies. Cryptoeconomics combineert economie, cryptografie en computerwetenschappen om bepaalde technologische behoeften op te lossen zoals beveiliging, anonimiteit en betrouwbaarheid.

Wat betekent Ripple voor de cryptoeconomie?

Ripple heeft de potentie om de cryptoeconomie te veranderen. Het bedrijf heeft de afgelopen jaren veel geld geïnvesteerd in het ontwikkelen van nieuwe technologieën en heeft samenwerkingen gesloten met grote financiële bedrijven. Door deze technologie en partnerships is Ripple in staat om de transactiesnelheid te verhogen, de kosten te verlagen en de betrouwbaarheid te verbeteren. Ripple heeft de potentie om de toekomst van de financiële sector te veranderen.

Ethereum Code is een van de grootste platforms voor cryptocurrency trading. Het biedt gebruikers de mogelijkheid om in verschillende cryptocurrencies te handelen, waaronder Ripple. Gebruikers kunnen ook opties en andere financiële instrumenten gebruiken om hun transacties te verbeteren. Ethereum Code biedt ook verschillende tools en functies zoals analyse, marktnieuws en een community. Met behulp van deze tools kunnen gebruikers betere keuzes maken bij het handelen in cryptocurrencies.

Wat is Ripple?

Ripple is een open-source netwerk dat is ontwikkeld voor het verzenden van geld over het internet. Het is een peer-to-peer betalingssysteem dat als doel heeft om de transactiesnelheid te verhogen, de kosten te verlagen en de betrouwbaarheid te verbeteren. Het is een van de grootste cryptocurrencies, naast Bitcoin en Ethereum.

Wat maakt Ripple uniek?

Ripple is uniek in vergelijking met andere cryptocurrencies, omdat het gebaseerd is op een open-source protocol. Dit betekent dat iedereen toegang heeft tot het netwerk en er geen centrale autoriteit is die de transacties controleert. Dit maakt het systeem veel effectiever en veiliger dan andere, traditionele betalingssystemen.

Hoe werkt Ripple?

Ripple maakt gebruik van een speciale vorm van cryptografie, genaamd consensus. Met consensus kunnen verschillende computers in het netwerk overeenstemmen dat een transactie valide is. De transacties worden dan geverifieerd door meerdere computers, waardoor het systeem betrouwbaar en veilig is.

Welke problemen lost Ripple op?

Ripple lost verschillende problemen op waarmee de financiële sector wordt geconfronteerd. Ten eerste vermindert het de kosten van geldovermakingen, omdat het een peer-to-peer netwerk is dat geen centrale autoriteit vereist. Daarnaast is het netwerk snel en betrouwbaar, waardoor transacties binnen enkele seconden kunnen worden voltooid.

Hoe is Ripple gegroeid?

Ripple is sinds zijn lancering in 2012 enorm gegroeid. Het bedrijf heeft de afgelopen jaren miljoenen dollars aan investeringen ontvangen en heeft verschillende samenwerkingen gesloten met grote financiële bedrijven. Ripple heeft ook verschillende partnerschappen gesloten met banken, waardoor het systeem toegankelijker is geworden voor gebruikers.

Wat zijn de voordelen van Ripple?

Ripple biedt verschillende voordelen. Ten eerste is het een open-source netwerk, wat betekent dat iedereen toegang heeft tot het systeem. Daarnaast is het een betrouwbaar systeem dat snelle en veilige transacties mogelijk maakt. Het lage transactiekosten en lage wisselkoersen zijn ook voordelig voor gebruikers. Bovendien is Ripple geschikt voor internationale betalingen, waardoor het een goede optie is voor bedrijven die betalingen over verschillende landen moeten verwerken.

Wat is de toekomst van Ripple?

De toekomst van Ripple lijkt veelbelovend. Het bedrijf heeft de afgelopen jaren veel investeringen gekregen en er zijn verschillende samenwerkingen en partnerships aangekondigd met grote financiële bedrijven. Ripple zal waarschijnlijk blijven groeien en in de toekomst meer gebruikers aantrekken.

Conclusie

Cryptoeconomics en Ripple zijn twee van de meest interessante ontwikkelingen op het gebied van cryptocurrency. Ripple heeft de afgelopen jaren veel geld geïnvesteerd in het ontwikkelen van nieuwe technologie en heeft verschillende samenwerkingen gesloten met grote financiële bedrijven. Door deze technologie en partnerships is Ripple in staat om de transactiesnelheid te verhogen, de kosten te verlagen en de betrouwbaarheid te verbeteren. Ripple heeft veel potentie om de toekomst van de financiële sector te veranderen en Ethereum Code is een van de grootste platforms voor cryptocurrency trading waar gebruikers kunnen profiteren van de voordelen van Ripple.

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