Rinseables (2024)

10/03/2023

Attention Crypto Miners! 🚨 The U.S. Treasury has proposed a 30% tax on electricity costs for your operations. 💸 Stay informed and stay ahead of the game!

According to a supplementary budget explainer paper by the Department of the Treasury,
any firm using owned or rented mining rigs would be
“subject to an excise tax equal to 30 percent of the costs of electricity used in digital asset mining.”

Notably, the proposed tax would be implemented next year and phased in gradually
over a period of three years at a rate of 10% a year, reaching the target 30% tax rate by the end of 2026.

Crypto miners would also need to report the amount and type of electricity they use,
as well as the value of that electricity.
This means that even miners who use off-grid electricity for their operations would still need to pay taxes.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

09/03/2023

🚀 Marathon Digital has decided to part ways with Silvergate Bank and terminate their credit facilities agreement. 🤝 This move comes as Marathon Digital shifts its business strategy to focus on new growth opportunities in the crypto industry. Stay tuned for more updates!

Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities
with crypto-friendly Silvergate Bank, just as the bank announced it will be winding down operations.

Marathon announced on Mar. 8 that it had prepaid its outstanding loan balance earlier that day,
and would be terminating the revolving line of credit facility between the firms after providing
Silvergate Bank with the required 30-day notice in early February.

The announcement from Marathon came less than an hour after Silvergate Bank’s holding company

Silvergate Capital Corporation — announced it would be voluntarily liquidating the bank and

winding down operations “in light of recent industry and regulatory developments.”

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

09/03/2023

🚨 Fed Chair Powell's warning of higher interest rates has sent shockwaves through the crypto market. 💸💥 What could this mean for the price of Bitcoin? Keep a close eye on the latest developments!

will lead to a crash in crypto prices.

In this update, we will take a closer look at the current state of the cryptocurrency market,
analyze recent trends in Bitcoin prices, and predict what the future holds for the world's most well-known digital asset.

Bitcoin Failed To Stop Its Losses & Remain in the Red Amid Powell's Hawkish Stance & Uncertainties Surrounding Silvergate Bank

Bitcoin Price Prediction: Quick Fundamental Outlook

Bitcoin (BTC), the world's largest cryptocurrency, has been unable to gain any positive traction
and continues to flash red within the $22,000 range.
The declines can be attributed to comments made by US Federal Reserve Chair Jerome Powell regarding interest rate hikes.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

06/03/2023

Riding the crypto wave was a wild ride for Silvergate! 🌊💸 But with highs come lows, and their story is proof.

Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022
as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators
had predicted might happen for such institutions.

The sudden evaporation of most of its deposit base was only one of several worries for the La Jolla,
California-based lender.

The company has faced pressures from U.S. banking watchdogs that have been insisting that banks shouldn’t
concentrate on crypto, and its disclosures this week revealed investigations from regulators and
the U.S. Department of Justice, plus a suggestion that ongoing audits may require a restating of its financials.

Apart from all that, its one-time crypto strengths were starting to drag it down,
according to a CoinDesk analysis of the bank’s financial reports over the past several years.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

03/03/2023

Say goodbye to lost private keys, users! 🎉🔑 A new solution is on the way, and we can't wait to reclaim our lost tokens! 😍💰

Ethereum Foundation security researcher Yoav Weiss broke the news,
noting that the code successfully passed a security audit from OpenZeppelin.
ERC-4337 was deployed as a smart contract, meaning no major changes to the core Ethereum protocol
were needed to launch the new token standard.

ERC-4337 is now available on all blockchain networks offering compatibility
with the Ethereum Virtual Machine — Ethereum’s core smart contract engine.

ERC-4337 was proposed by several of Ethereum’s top researchers, including Weiss and Vitalik Buterin, in September 2021.
Transactions involving ERC-4337 require specialized validators and
are processed by an alternative mempool to other Ethereum transactions.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

01/03/2023

🚀📈 Hold on to your seats, traders! 🤑💰 predicts a pullback from ATH, but we're still eyeing that sweet $10 target! 🎯👀

However, the altcoin remains up by 7% in a week and by 27% in the last 30 days,
buoyed by the news Coinbase will be launching its own layer-two network for Ethereum using Optimism-based technology.

While the short-term rally following this news has now died down,
the medium- and long-term prospects for OP remain very good.

Coin base's use of Optimism's open-source OP Stack for developing Base,
its layer-two sidechain will boost the Optimism ecosystem significantly in the coming months,
helping to boost OP's price in parallel.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

25/02/2023

🚨MAJOR BREAKTHROUGH🚨 Jump Crypto Trading Firm has done the impossible! They've recovered $140 million worth of stolen crypto from the infamous Wormhole hack!💰💪 This is a true testament to their commitment to keeping your assets secure. Get the inside scoop on how they did it!

According to a recent blog post, a coordinated effort between Jump Crypto and Oasis, which develops multi-signature wallet software, led to the recovery of certain assets involved with the wallet address associated with the Wormhole exploiter.

While Oasis said a Whitehat group helped the project in the endeavor, blockchain data suggests Jump Crypto might be the other party as the ownership of the wallets involved in the counter-exploit has been traced back to the company.

Oasis revealed that on February 21, it received an order from the High Court of England and Wales requiring it to take steps to retrieve certain stolen assets.

The DeFi platform, which the attacker relied upon during one step of the attack, said a Whitehat group reached out to the team with a plan that showed it would be possible to retrieve the assets and provided a Proof of Concept on how it could be achieved.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

24/02/2023

Discover the untold stories of the Titanic as real artifacts from its wreckage are now available on the NFT market! Thanks to our new partnership, history enthusiasts and collectors can own a piece of this iconic tragedy like never before.

Physical artifacts retrieved from the wreckage of the Titanic are set to be tokenized as NFTs and shared with the world through a new, three-way partnership.

The collaboration involves RMS Titanic (RMST), which holds exclusive salvage rights over the wreck and the wreckage site of the Titanic, Hong Kong-based Venture Smart Financial Holdings, and Web3 firm Artifact Labs.

The three companies will begin tokenizing precious artifacts from the Titanic to unlock a myriad of Web3 functionalities. The plan is to preserve some artifacts as NFTs and share ownership with the public.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

22/02/2023

📈 Can Terra Luna Classic's LUNC recover as it hits a $1 billion market cap in 2023? Our latest analysis breaks it down! 💰💥 Don't miss out on the potential investment opportunity! 🚀

While the SEC's action doesn't specifically address Terra Luna Classic, LUNC may continue to be hurt by the regulator's case in the short term.

However, the cryptocurrency still looks good for the medium and long term, and has recently regained its $1 billion market cap, helped by efforts to re-peg sister stablecoin USTC and burn more LUNC.

LUNC's indicators aren't in a great position right now. Its relative strength index (purple) has dropped below 40 in the past few hours and looks set to fall lower, bringing its price along for the ride.

Likewise, LUNC's 30-day moving average (red) remains below its 200-day average (blue), and could decline further before bottoming out and beginning to recover.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

18/02/2023

🚀 China takes a major step forward with the launch of the 'Cross-Border' Digital Yuan Pilot in Hong Kong! 💰💻 Get ready for the future of currency! 🌟

Luohu is located close to Hong Kong’s New Territories.

The PBoC and Luohu are promoting the event with a token giveaway.

Almost $1.5 million tokens will be given away in Luohu during the course of the event.

Token recipients will be able to spend their digital yuan holdings in “multiple sectors.” These reportedly include “restaurants, hotels, supermarkets, jewelry, and home appliances.”

But the PBoC has capped transaction sizes at 999 yuan (around $145).

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

17/02/2023

Is Cardano set to soar? 💸🚀 Crypto Capital Venture Founder weighs in on ADA's security status and growth potential. Don't miss out on the action!

Monday’s lows under $0.35, Cardano has seen a stunning nearly 18% rally, with ADA/USD last changing hands just above $0.4050. That a little over 3.0% below earlier session highs in the $0.42s, with ADA weighed modestly as short-term bullish speculators take profit.

ADA’s latest run higher, which saw it hit its highest levels since early November, comes in tandem with a face-ripping rally seen across the cryptocurrency space –

Bitcoin surged nearly 10% on Wednesday to hit its highest level in months above $24,500, and Ethereum is probing multi-week highs in the $1,700 area once again. Analysts have put the rally down to a squeeze on short positions.

That could certainly be a factor lifting Cardano.

According to crypto derivatives website coinglass.com, short-position liquidations spiked to one-month highs in the last few days.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

15/02/2023

🚀 Hold on tight, Shibarians! 🐕💰 With the upcoming Shibarium launch, will SHIB hit the coveted $1 mark? 🤑 Check out our latest Shiba Inu price forecast and let us know your thoughts in the comments! 🔮

Yesterday's analysis focused on the critical collision course between price levels and the rising 200-day MA. This follows a retracement pattern predicted last week following rejection at $0.00001500.

I can confirm the vital test of the 200-day MA is currently taking place. A bounce here could see Shibarium drive SHIB to new heights. With bull confidence boosted by the highly anticipated burn mechanism.

This is now the ninth day of localized retracement, with prices currently trading astride the 200-day MA at $0.00001220.

That marks a daily change of -2.17% as bulls continue to fight for support around $0.00001250.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

13/02/2023

Exploring the intersection of war and cryptocurrency, and how it keeps fueling conflicts despite economic sanctions.

“Sanctions are good. They prove we’re doing everything right.”

When I ask Alexander Lyubimov if he’s afraid to get on the international sanctions list, he says:

“I’m totally striving for personal sanctions. I believe sanctions would be a sign of recognition for my work. I would even like the Hague Tribunal to learn about my existence and do something, say, put me on a wanted list for war crimes.”

Lyubimov is a director of the Novorossia Aid Coordinating Center (NACC), which is fundraising for Russian troops in Ukraine. Out of two dozen Russian pro-war fundraisers contacted by CoinDesk, he was the only one who agreed to speak with us by phone.

NACC is one of many formal and informal organizations in Russia that together raised at least $1.8 million in crypto to supply the struggling Russian army in Ukraine with ammunition, armor, surveillance drones, optical devices, vehicles and warm clothing.

The sanctions on Russia for its invasion of Ukraine in February 2022 made crypto even more popular as a fundraising tool for pro-Russian groups and influencers: Now, it’s the only working donations channel for Russian army sympathizers from abroad.

But popular global platforms such as Binance, Huobi and others received a fair amount of such funds, too.

In the meantime, on the other side of the frontlines, dozens of Ukrainian volunteers are out there looking for such wallets, reporting them and trying to get the money frozen. Sometimes, they prevail.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

10/02/2023

Breaking news: will be shutting down its US service and paying a $30 million fine in a settlement with the 💸 Stay tuned for updates on the future of crypto!

Read more: Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source

Payward Ventures, Inc. and Payward Trading Ltd., the registered companies that makeup Kraken, will end staking services and programs, the SEC said. The programs offered the general public access to staking services since at least 2019.

“The complaint alleges that Kraken touts that its staking investment program offers an easy-to-use platform and benefits that derive from Kraken’s efforts on behalf of investors, including Kraken’s strategies to obtain regular investment returns and payouts,” the SEC release said.

In a blog post, Kraken said it would automatically unstack any assets staked by U.S. clients except for staked ether, which won't be unstacked until after the Ethereum Network's Shanghai upgrade takes effect. U.S. clients will also be unable to stake new assets (including ether). Non-U.S. clients are unaffected.

The SEC filed its lawsuit in federal court on Thursday.
While Kraken’s website offered a 20% yield on its staking service, the SEC press release suggested it may be as high as 21%.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

08/02/2023

" hits a new all-time high of $23.3K thanks to 's words on the 🚀 Get ready for the ride, crypto enthusiasts! "

Rubenstein wasted no time in the interview, leading off by asking if last Friday's blowout jobs report (517,000 jobs added) might have changed the Fed's decision two days earlier to hike its benchmark Federal Funds rate by just 25 basis points. Powell said the news wouldn't have been likely to have made a difference.

Powell's post-meeting press conference last week was notable for sending both traditional markets and bitcoin (BTC) sharply higher when he said the "disinflationary process has started." He stuck with that phrase on Tuesday afternoon, but emphasized that the process is only starting and more rate hikes will be necessary.

On the whole, it's hard to read Powell's comments as dovish, but markets may have been expecting a more hawkish tilt given that this was the Fed chair's first chance to make public remarks following Friday's jobs report.

Nevertheless, bitcoin is ahead by about $300 since the interview began, now trading at $23,300. Traditional markets are also reacting, with the Nasdaq up 1.5% and the S&P 500 by 1.1%; the 10-year Treasury yield is lower by four basis points to 3.61%.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

05/02/2023

Staying ahead of the game, the of England and Treasury predict a probable future with currency in the UK. Are you ready for the ?

The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.

The Bank of England (BoE) and Treasury believes the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Telegraph report on Feb. 4.

The "digital pound" roadmap is set to be introduced next week, a government source told the newspaper. Deputy Governor Jon Cunliffe is scheduled to give an update on the BoE's work on the CDBC on Feb. 7

"On the basis of our work to date, the Bank of England and HM Treasury judge that it is likely a digital pound will be needed in the future," noted Governor Andrew Bailey and finance minister Jeremy Hunt to the Telegraph.

The BoE declined to comment on the article, but announced that a joint consultation on the digital pound would be released soon.

The UK reportedly experienced a 35% drop in cash and coin payments in 2020. Cash accounts for approximately one in six payments; debit and credit cards account for the other five. A central bank digital currency is a digital version of fiat currency, tied to fiat reserves at a 1:1 ratio, allowing citizens and businesses to manage funds far more efficiently and affordably.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

03/02/2023

Despite reporting a write-down of $197.6 million in the Fourth Quarter Report, remain committed to the future of Bitcoin and its potential impact on their business.

MicroStrategy (MSTR) posted a digital asset impairment charge of $197.6 million on its bitcoin (BTC) holdings in the fourth quarter, up from a $727,000 charge in Q3, according to its latest earnings report.

The company's digital asset impairment reflects the decline in the price of bitcoin versus the price at which the bitcoin was acquired.

Under standard accounting rules the value of digital assets such as cryptocurrencies must be recorded at their cost and then only adjusted if their value is impaired, or goes down. But if the price rises, that does not get reported unless an asset is sold.

The price of bitcoin began the fourth quarter at roughly $19,100 and ended the quarter (and year) at about $16,500.
Late in the quarter, MicroStrategy made some (previously reported) modest net purchases of bitcoin (BTC), bringing its holdings to 132,500 bitcoins at a total acquisition cost of roughly $4 billion.

The value of those tokens were worth about $1.84 billion at the end of the year.

That value has risen considerably thus far in 2023 as bitcoin has jumped almost 50% to just shy of $24,000. Alongside that big gain for the crypto, MicroStrategy shares – which fell 35% in 2022 – have doubled so far this year.

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Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

01/02/2023

Taking a leap forward! 💪 💸The Premier League is getting involved in the world of NFTs and cryptocurrency, making sure no one gets left behind in the ever-evolving world of football fantasy!

Non-fungible token (NFT)-based fantasy game and marketplace Sorare: Football has partnered with the Premier League in a multi-year licensing deal - crypto drama or not.

Fans can build custom teams to win "big rewards" as if they were professional club owners, said the announcement.

It explained that,

"Football fans around the world can now collect, buy, sell, and trade officially licensed digital cards featuring every player from across the Premier League’s 20 clubs."

As for how long the deal has been signed, the Financial Times reported that it is a four-year licensing contract. People familiar with the matter said that "Sorare will pay the Premier League tens of millions of pounds a year to secure the rights," while the final payment for each year will depend on performance.

"Under the deal, the Premier League also has an option to take an equity stake in Sorare," it said.

Sorare, which is backed by players such as Kylian Mbappé and Lionel Messi, has partnered with over 300 football clubs and teams around the world, including Europe’s top leagues, so Sorare Managers can play with Premier League stars of their choice in either Premier League or global competitions, said the marketplace.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

30/01/2023

predictions for 2023? Will we see the cryptocurrency reach the $5 mark? Follow us to stay updated on the latest news!

XRP is the sixth-largest cryptocurrency by market capitalization and has been on a roller coaster ride in the past year. With its price going up and down, many investors are wondering what the XRP price prediction will be and if can it reach the $5 mark this year.

In this article, we will look at the factors that could affect XRP's price and make a prediction of whether it can reach $5 or not.

Ripple's lawsuit with the SEC has been a source of uncertainty for XRP holders. CEO Brad Garlinghouse is optimistic that a resolution could be determined this year or early 2023. Despite the lawsuit and the bear market, XRP, Ripple's native token, has been attempting to remain strong.

Despite seeing fluctuations in XRP price, large crypto investors (aka whales) are still interested in XRP tokens.

Whale Alert Discovery: How A Recent XRP Move Could Impact The Crypto Market

Whale Alert, a provider of on-chain data, reported that several whales have transferred large amounts of XRP recently. On January 27th, a transfer of over 160 million XRP tokens occurred between two unidentified wallets, amounting to a value of more than $65.53 million according to the current cryptocurrency market prices reported by the data provider.

Follow for daily posts and news about cryptocurrencies ✔️

Important: We are not giving any sort of financial advice for you to purchase any of the cryptocurrency(s) being discussed in posts. Do your own investigation and make investments of your own choice if you opt to do so. This applies to any cryptocurrency(s) that may appear in our stories as well. Thanks for taking the time to read our content! 💚

Rinseables

10/03/2023

09/03/2023

09/03/2023

06/03/2023

03/03/2023

01/03/2023

25/02/2023

24/02/2023

22/02/2023

18/02/2023

17/02/2023

15/02/2023

13/02/2023

10/02/2023

08/02/2023

05/02/2023

03/02/2023

01/02/2023

30/01/2023

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