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- ๐ต๏ธโโ๏ธ Conspiracy theories and Bitcoin
๐ต๏ธโโ๏ธ Conspiracy theories and Bitcoin
Also, weโll cover the NewsCrypto coin and a couple of new quests.
Yo, crypto fam! It's your buidlbee team here, and itโs Fri-yay! Get ready to pop those altcoin bottles, 'cause we're celebrating our 100th issue in the blockchain jungle ๐๐ฏ! It's time to moonwalk into the weekend and keep that bullish spirit rollin'! ๐ Let's toast to the crypto journey, the memes, and all the HODLers out there! Cheers, mates! ๐ฅณ๐ฅ And thanks for being with us for so long!
Now that's out of the way, let's back to todayโs topics:
Conspiracy signal for the acquisition of BTC;
Something interesting about the NewsCrypto coin ($NWC) - technical analysis*;
Two new August quests.
Top news:
Curve, Metronome, and Alchemix sent messages to the CRV/ETH 2 exploiter address, hoping to reward the hacker with 10% of the stolen funds in order to recover the remaining 90%.
On May 29, CertiK informed the WorldCoin security team of a vulnerability that allowed an attacker to bypass the verification process to become an Orb operator. The WorldCoin team has already taken it down.
UpBit's monthly volume jumped 42% to $30B in July.
Polygon Zero has accused zksync's Boojum of copying some of its source code.
Arkham Intelligence has created a challenge with a reward of 100,000 ARKM (approximately $50K) for anyone who can identify the culprit for stealing $415M on FTX after filing for bankruptcy.
Ilya Lichtenstein admitted to organizing the hacking of the Bitfinex cryptocurrency exchange in August 2016. Now he faces up to 20 years in prison, and his wife faces up to 10 years for helping in laundering.
๐ฒ Ideas
[1] ๐ A conspiracy signal to buy BTC
Due to the anniversary of the newsletter, today we have a most unusual and simultaneously powerful signal, which is perfect for Friday night. At the very least, take it as a joke, but...
Yesterday, the President of the United States, Joe 'Sleepy' Biden, recorded a promo video that he posted on his official Twitter. The video is related to collecting donations for the upcoming election. In the video, the US President uses a mug with BTC maxis symbolism โ the mug features Joe himself with laser eyes. Laser eyes on an avatar are a traditional way for a cryptocurrency fan to show their bet on the BTC rally. In fact, Laser Eyes is the graphic analog of the To The Moon meme expression.
It's hard to assume that, by random chance, this is the symbolism that was chosen to promote the president of the United States. But what does it mean? The video ends with a close-up of this logo on a mug, indicating the year 2024. WTF? These mugs are now being sold by the campaign for $22 to anyone across America.
This incredibly weird story has gotten a huge amount of attention from the crypto community. In 12 hours, this tweet has accumulated over 16 million views, with a huge number of crypto enthusiasts in the comments wondering what it means. From the outside, it looks like a massive Bitcoin promotional campaign, with the US President himself taking part.Many believe that this is some kind of signal for upcoming events in crypto. In this regard, they draw an analogy with 2017, when the US Treasury Secretary, Janet Yellen, was shown a Buy Bitcoin sign in the background during a live broadcast of the US Treasury, where the important issue of America's future budget was decided.
Shortly after, Bitcoin experienced its first rally in history, soaring from $500 to $15k. Everyone who followed the advice of the anonymous man in the background of the US Treasury Secretary at the time made a fabulous profit (for those who like precision, it made a 3000% profit).
Crypto conspiracy theorists believe that the exact same buy signal was sent via Joe 'Sleepy' Biden. Literally, the symbol on the mug means that a big BTC rally is expected in 2024 (it's hard to interpret it any other way).
Maybe there's a reason why financial giants Blackrock and Fidelity have been so active in crypto lately? We're also very interested in what Gary Gensler, the head of the SEC, who previously sued several American pop stars for advertising crypto products, has to say about Joe's ad.
[2] ๐ Looks like good news for NewsCrypto
The NewsCrypto coin ($NWC) is having a good day and might go up further. It has a lot of potential for the long term. Looking at the technical side, the token is moving towards a trend line called 1D MA50 (blue line). This trend line has been consistent since June 23, and there are similarities with a pattern from August 24 - December 29, 2022.
The current NWC cost is at a support level, and if it bounces back, it could rise by around 25%. On the fundamental side, NWC has been in the crypto world since 2019, and it has strong partnerships and developments. Overall, it seems like NWC has good potential for a rally based on its strong fundamentals and technical analysis made by TradingShot.
The next target could be $0.073350.
*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.
[3] ๐ Here are new quests
MySwap is an Automated Market Maker (AMM) dApp running on Starknet. The team has launched the August mission, in which users may provide liquidity to the pools. Deadline - 08.08.2023.
What to do?
Add $0.02ETH to any of the pools on mySwap;
Go to the quest page and claim the NFT.
Polyhedra Network provides trustless and highly-efficient interoperability solutions for asset transfers, message passing, and data sharing between various web2 and web3 systems. The project has added the new Mantle network and launched a new quest on Galxe. Deadline - 10.09.2023.
What to do?
Hey there, crypto comrades! Keep chasing those dreams, and spreading the crypto love like confetti on New Year's Eve! ๐๐ธ Remember, in the crypto realm, anything is possible. Farewell, fam, until Monday! ๐๐ฅ
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