99 Bitcoins

Crypto speak: CeDeFi “CeDeFi” is the perfect fusion of centralized and decentralized finance, where the best of both systems are engaged. Binance CEO Changpeng Zhao coined the term “CeDeFi” in September 2020 during the launch of BNB Smart Chain. Naturally, the most hardcore crypto proponents remain in DeFi and refuse to accept any level of centralization 😎 🪙 99Bitcoins

Crypto speak: Flippening The concept of “flippening” refers to the point at which Ether (ETH) or any other cryptocurrency surpasses Bitcoin in terms of market capitalization. It is important to note that, up to this point, the idea of a flippening has been used to describe a variety of different characteristics, including trading volume, the number of transactions, and the number of nodes. However, the term flippening is rarely used because it would be unfathomable for any altcoin to supplant Bitcoin. 🪙 99Bitcoins

The US Treasury Department classifies bitcoin as "digital gold" in a newly released report. 🪙 99Bitcoins

🇺🇸🇨🇳 Chinese-owned TikTok will be banned in the United States on January 19th unless it is sold to an American company. This is one day before President-elect Trump's inauguration. He had previously expressed support for TikTok and pledged to reverse the ban. 🪙 99Bitcoins

Crypto speak: Smol brain/Smooth brain Remember “gigachad?” Well, “smol brain” or “smooth brain” is the opposite of “gigabrain” and refers to a person who is considered uneducated or ignorant of something that is considered common knowledge. It’s also someone who makes “childish” mistakes in the crypto space and doesn’t have the most basic knowledge. 🪙 99Bitcoins

Top Daily Movers - 7th December 1. Bitget Token (BGB): +20.90% #BGB #Bitget 2. Mog Coin (MOG): +20.61% #MOG #MogCoin 3. Hedera (HBAR): +18.57% #HBAR #Hedera Which one is your favorite one? Shill me! 🪙 99Bitcoins

JUST IN: 🥇 CNBC anchor tells #Bitcoin skeptic "you've missed it" as BTC pumps over $100,000 🪙 99Bitcoins

Crypto speak: WTB/WTS These are a couple of very simple abbreviations. — WTB is “want to buy” — WTS is “want to say” Given the uncontrollable desire of crypto enthusiasts to constantly buy and sell their positions, the appearance of such abbreviations in chats and Discord servers was simply bound to happen. 🪙 99Bitcoins

Google Play lifts ban on northern #Syria. 🪙 99Bitcoins

JUST IN: 🇬🇧 UK restricts access to Pump․Fun 🪙 99Bitcoins

Crypto speak: Spread A “spread” is the difference between the best buy price and the best sell price of a cryptocurrency. Imagine you have become the owner of a currency exchange. Customers come to you and can buy dollars at a certain price, but if they want to exchange dollars back, you offer them a slightly lower price. The difference between those two prices is the spread! In the world of cryptocurrencies, spreads play an important role among traders. It is like a navigator that helps us to assess the “weather” in the market. If the spread is small, it means the market is stable and you can buy and sell cryptocurrency without large additional costs. If the spread is large, it means that this asset is “volatile,” and with each trade, you can lose more because of these additional costs. Honestly, if you are a beginner and not a trader, you shouldn’t dive too deep into this topic =) But you should have a general idea about the spread! 🪙 99Bitcoins

BREAKING: 🇺🇸President-elect Trump officially selects pro-crypto Paul Atkins to replace Gary Gensler as SEC Chair. 🪙 99Bitcoins

🇺🇸 NYC mayor who gets paid in BTC is jubilant! Remember how you laughed when I announced this? Who's laughing now? Eric Adams announced his decision to receive his salary in BTC in 2021. 🪙 99Bitcoins

Crypto speak: ELI5 “ELI5,” which stands for “explain like I’m 5, is an appeal to simplicity when explaining cryptocurrency concepts. Although the expression predates Bitcoin, it is now firmly associated with crypto. The phrase’s origin goes back to a famous quote by Albert Einstein, who said, “If you can’t explain it to a six-year-old child, then you don’t understand it yourself.” This slang expression is straightforward: If you don’t understand something in the crypto world, you can always ask someone, “ELI5, please!” 🪙 99Bitcoins

JUST IN: 🇺🇸 New York City Mayor Eric Adams says "remember y'all laughed at me when I first got my Bitcoin?" "Who's laughing now." 🪙 99Bitcoins

JUST IN: $3,800 $ETH 🪙 99Bitcoins

Crypto speak: Blue chip Something considered a “blue chip” is an established, successful project that has benefited its holders over time and held a high floor. NFT blue chips share several common characteristics: relatively high floor prices, brand strength, celebrity endorsement, project team commitment, and real utility. 🪙 99Bitcoins

🖤BlackRock were able to accumulate over 500,000 BTC ($47bn) in less than a year. 🪙 99Bitcoins

🤔 But the CEO of CryptoQuant thinks that the alt season will not be what everyone expected, it will be very strange and challenging. There is a lack of fresh liquidity in the market. Bitcoin is slowly distancing itself from the rest of the crypto ecosystem. BTC has created its own second-tier paper ecosystem through ETFs, MicroStrategy and other funds. In this system, it is impossible to build bridges to flow liquidity to other altcoins. Altcoins have two paths: create their own paper ecosystem or build a real internet money infrastructure based on stablecoins or BTC. Only a few altcoins are starting to show independent trends, attracting new liquidity. The analyst advises to look for coins that can realise one of these scenarios and hold them for the long term. 🪙 99Bitcoins

Crypto speak: Bags “Bags” are your crypto assets; the term usually implies a fairly large amount of crypto. For example, “My Bored Ape bags keep growing,” or “I have a fat bag of DOGE.” If you start saying “I have a big bag of Bitcoin” instead of “I have a lot of Bitcoin,” people will believe you know what you’re doing😅 🪙 99Bitcoins