A multi-billion dollar fraud that shook the crypto world, involving the president of a country
#InfiniHacked #BybitSecurityBreach If the president of your country encouraged you to invest in a cryptocurrency, would you invest your savings in it? Something similar happened to Clemente Varas Calado. When Argentine President Javier Melaye announced the launch of a new cryptocurrency on social media, 25-year-old Varas immediately invested $12,000.
A multi-billion dollar fraud that shook the crypto world, involving the president of a country
#InfiniHacked #BybitSecurityBreach If the president of your country encouraged you to invest in a cryptocurrency, would you invest your savings in it? Something similar happened to Clemente Varas Calado. When Argentine President Javier Melaye announced the launch of a new cryptocurrency on social media, 25-year-old Varas immediately invested $12,000.
$ETH Ethereum is one of the most popular cryptocurrencies in the world, second only to Bitcoin in terms of market capitalization. As such, many investors are keen to keep an eye on Ethereum.
#VIRTUALWhale A major development has shaken the VIRTUAL cryptocurrency market. A whale investor who previously lost $5 million in VIRTUAL has returned with an $11 million bet on the token. This bold move has sparked speculation about potential market trends and renewed interest in the cryptocurrency. In other news, a platform associated with VIRTUAL Whale has announced the discontinuation of its Telegram bot due to recent ecosystem changes. However, users can still access their accounts via the web or by downloading the Android APK. While "VIRTUAL Whale" is also the title of a sci-fi story, this update specifically refers to the cryptocurrency sector. Investors and analysts will be watching closely to see if this whaleâs actions signal a broader shift in the market.
#ActiveUserImpact Active users impact a product's success by indicating how engaged users are with a product or service. Tracking active users can help businesses improve their products, increase revenue, and better understand their users.Â
How active users impact a product
Revenue:Â Active users can generate revenue through advertising and subscriptions.Â
Product development:Â Active user data can help identify which features users like and dislike, which can inform product improvements.Â
Marketing:Â Active user data can help assess the effectiveness of marketing campaigns.Â
User satisfaction:Â Active user data can help identify pain points and obstacles that users face.Â
User acquisition:Â Active user data can help identify market appeal and operational efficiency.Â
How to track active users
Count the number of unique users who access your app in a given time period.Â
Analyze active user trends over time to identify patterns and opportunities.Â
Compare active user counts to marketing campaigns to assess performance.Â
Adjust marketing strategies and feature development based on active user insights.Â
#TokenMovementSignals The token system was developed in Britain in the 19th century, to enable safe working of single-line railways. For the very first time this system was proposed by Mr. Henry Woodhouse for Standedge Tunnels in 1849. If a branch line is a dead end with a simple shuttle train service, then a single token is sufficient.
#MarketSentimentWatch Market sentiment refers to the overall attitude or emotional tone of investors and traders regarding the cryptocurrency market or a specific digital asset. It is the collective psychology driving buying and selling behaviour, as well as influencing price movements.
#PriceTrendAnalysis Price trend analysis is a technique that identifies patterns in price data over time to predict future movements. It is used in business, investing, and finance.Â
How it works
Analyzes historical price data to understand how a stock or market has performedÂ
Identifies patterns in the data, such as uptrends, downtrends, and consolidationÂ
Makes data-based predictions about future movementsÂ
Uses of price trend analysis
Business:Â Helps forecast sales, plan budgets, and anticipate market demandsÂ
Investing:Â Helps investors understand market movements and how a stock or market might behave in the futureÂ
Market trend analysis:Â Helps identify potential changes to a market and ways to stay ahead of competitorsÂ
Trendline patternsÂ
Uptrends:Â Prices are making higher highs and higher lows
Downtrends:Â Prices are making lower highs and lower lows
Consolidation:Â Price oscillates in a range between two parallel trendlines
Trend percentage formula
Trend percentage = ((Current Period Value - Base Period Value) / Base Period Value) * 100Â
#WalletActivityInsights Wallet Activity Insights is the process of analyzing cryptocurrency wallet activity to identify transaction trends, money flows, and investor behavior on the blockchain. This data helps traders, investors, and financial institutions predict the market, detect investment opportunities, and assess risks. --- 1. What is Wallet Activity Insights? Here is a method of analyzing on-chain data of crypto wallets to understand: Inflow and outflow: Monitor the number of tokens deposited/withdrawn from wallets. Frequency and type of transactions: Check if the wallet has many transactions, mainly swaps, stakes, or deposits/withdrawals. Type of wallet: Individual, organization, investment fund, or smart contract wallet. Trading with CEX and DEX: Determine the relationship between wallets and trading platforms.
#GasFeeImpact Gas fees are a key component of cryptocurrency transactions. The total cost of a transaction is calculated by multiplying the gas price by the gas limit.Â
#OnChainInsights We are thrilled to share our latest dashboard monitoring the Solana blockchain. This dashboard will track fundamental metrics that will help you analyze Solanaâs performance, network health, and growth metrics in more depth than is possible with any other traditional asset.
#LitecoinETF The price of Litecoin spiked more than 8% as Canaryâs spot Litecoin ETF made a move to prepare for its potential approval. Daily transactions on the Litecoin network have hit $9.6 billion per day as exchange-traded fund issuers have been making moves to list their proposed Litecoin ETFs in the United States.Â
$LTC Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins. Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or âaltcoinâ has emerged to allow investors to diversify their digital currency package, according to Investopedia.Â
$BTC The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.Â
#FTXrepayment The FTX collapse that rocked the crypto world in late 2022 is trending toward a happy endingâfor some investors, at least. This week, FTXâs bankruptcy estate began repaying customers who lost their assets after the platformâs bankruptcyâa resolution that once seemed impossible.
On Tuesday, the FTX bankruptcy estate released $1.2 billion to affected customers with claims totaling less than $50,000. This initial distribution is the first step in a lengthy repayment plan, which could end up distributing a total of $16.5 billion. In a statement released on Tuesday, the estate laid out plans for another distribution that is planned to take place in May.Â
#MileiMemeCoinControversy The so-called âcryptogateâ scandal has rocked Argentinaâs political landscape. It began when President Javier Milei â a self-proclaimed âanarcho-capitalistâ and economist who prides himself on having curbed Argentinaâs endemic inflation âpromoted a cryptocurrency âin good faithâ that collapsed within hours, causing multimillion-dollar losses.
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