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JUST IN: According to reports, Over 7,000 BTC worth $500M+ withdrawn from Coinbase, signaling potential institutional accumulation and bullish sentiment.
💵 Millionaires Crypto✅
3165
08:41
27.04.2025
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📌 The Environmental Impact of Cryptocurrency Mining: What You Need to Know
Main Points
⏺ Cryptocurrency mining has become a key process in verifying transactions, but it also raises environmental concerns.
⏺ Understanding the environmental impact of mining can help you make informed decisions about your involvement in crypto.
⏺ This post discusses the environmental challenges and solutions in the world of crypto mining.
1️⃣ High Energy Consumption: Mining cryptocurrencies, especially Bitcoin, consumes large amounts of energy due to the computational power required. 2️⃣ Environmental Concerns: Many miners use fossil fuels for energy, contributing to carbon emissions and environmental degradation. 3️⃣ Transition to Sustainable Mining: Proof of Stake (PoS) and Proof of Authority (PoA) offer less energy-intensive alternatives to Proof of Work (PoW) used in Bitcoin mining. 4️⃣ The Rise of Eco-Friendly Cryptocurrencies: Some new projects focus on environmentally friendly cryptocurrencies that prioritize low-energy consumption and sustainability. 5️⃣ Carbon Offsetting: Some miners and crypto projects are investing in carbon offsetting programs to neutralize the environmental damage caused by mining.Final Thoughts While cryptocurrency mining can have significant environmental impacts, the industry is evolving towards more sustainable solutions. By choosing energy-efficient cryptocurrencies and supporting eco-friendly initiatives, we can reduce the environmental footprint of crypto mining. 💵 Millionaires Crypto✅
3153
04:44
24.04.2025
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1382
12:36
23.04.2025
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2291
10:16
23.04.2025
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According to the data, despite Strategy’s multibillion-dollar Bitcoin purchases, their impact on BTC’s price has been minimal.
Strategy’s buying activity represents just 3.3% of weekly volume on average and shows weak correlation with price changes.
💵 Millionaires Crypto✅
2487
03:53
23.04.2025
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Bitcoin surpassed $90,000, hitting $90,468 across major exchanges.
It took 46 days for Bitcoin to reclaim the $90k level, last seen on March 7, 2025.
💵 Millionaires Crypto✅
2346
03:52
23.04.2025
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Supply Shocks The Hidden Forces Driving Crypto Prices
A supply shock happens when an asset's availability changes abruptly, triggering rapid price swings. In the world of cryptocurrency, where markets are highly reactive, supply shocks play a crucial role in shaping price trends.
What Causes Supply Shocks?
Reduced Supply: Events like Bitcoin’s halving, which happens roughly every four years, reduce the rate at which new coins enter circulation. This tightening of supply, combined with steady or rising demand, often drives prices upward. Similarly, token burns, where coins are permanently removed from circulation, create scarcity, boosting an asset's value.
Increased Demand: When investor interest in a cryptocurrency surges without a corresponding increase in supply, the imbalance can lead to rapid price spikes. This is common during market rallies or when a crypto gains attention for new use cases.
External Events: Factors like regulatory shifts, technological breakthroughs, or major exchange announcements can also spark supply shocks. For example, if a top exchange delists a cryptocurrency, traders may perceive it as scarce, driving up demand and price.
Supply shocks often lead to heightened price volatility, influencing market sentiment and behavior. Traders may engage in panic buying or selling, amplifying price swings even further. In some cases, these shocks create long-term shifts in the asset’s value, impacting market dynamics for months or years.
A classic example is Bitcoin’s halving events, which historically precede massive price rallies as the market adjusts to reduced supply.
Understanding supply shocks can give traders an edge in navigating crypto’s volatile markets. By recognizing the triggers and anticipating potential impacts, you can make more informed decisions, whether you’re holding, buying, or selling.
💵 Millionaires Crypto✅
3946
04:09
21.04.2025
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Crypto speak: Gem
In crypto, a “gem” is a little-known token with a low market capitalization and great potential for price growth.
However, finding a gem is difficult. Not everything that has a small market capitalization is a profitable investment. More often than not, the market cap is small and the token is cheap simply because no one wants it!
But a real crypto gem can shoot up and grow in value by 10x or more.
Everyone wants to find a gem in the ocean of crypto, but few of them succeed.
💵 Millionaires Crypto✅
3139
04:05
19.04.2025
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📌 Crypto Security: How to Protect Your Funds from Hackers
Main Points
⏺ Security is crucial in the crypto world to prevent hackers from accessing your funds.
⏺ Understanding basic security practices can help protect your assets from theft.
⏺ This post covers essential security tips to keep your crypto safe.
1️⃣ Use Strong Passwords: Always use complex, unique passwords for all your crypto accounts and wallets. Avoid reusing passwords across different platforms. 2️⃣ Enable Two-Factor Authentication (2FA): Activate 2FA to add an extra layer of security. Even if a hacker has your password, they won’t be able to access your account without the second factor. 3️⃣ Use Hardware Wallets: Store your assets in a hardware wallet (e.g., Ledger, Trezor) to keep them offline and protected from online hacks. 4️⃣ Beware of Phishing Scams: Don’t click on suspicious links or share private keys. Always double-check the legitimacy of any communication related to your crypto assets. 5️⃣ Keep Software Updated: Regularly update your wallet software and any other tools you use to ensure you have the latest security patches. 6️⃣ Avoid Public Wi-Fi: Never access your crypto accounts over public Wi-Fi, as it could expose you to potential cyberattacks.Final Thoughts By following these essential security practices, you can significantly reduce the risk of hackers stealing your funds. Stay vigilant and protect your crypto assets. 💵 Millionaires Crypto✅
3027
04:10
17.04.2025
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2086
12:00
16.04.2025
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