CryptoHub

💎💎💎💎💎 🇮🇳 India taxes crypto gains at 30% with 1% TDS. 39 million verified users hold $2.1 billion in assets.

Crypto Speak: CryptoJacking Cryptojacking is a cybercrime where hackers secretly use someone else's devices—like computers, smartphones, tablets, or servers to mine cryptocurrency. Operating stealthily to avoid detection, this malware exploits device resources to mine digital currencies like Bitcoin and many others, all without the user’s knowledge. The primary goal is financial gain for the hacker, at the expense of your device's performance and security.Stay vigilant and protect your devices!

Crypto Scam: Fake Telegram channels of well-known exchanges or projects Telegram continues to gain popularity among crypto enthusiasts, so we want to warn you about one rather dangerous fraud scheme. Attackers can convincingly reproduce the Telegram channel of a well-known exchange. They copy posts, maintain the channel for a long time, and even gain a similar number of subscribers as the official channel. After that, they start mailing to real subscribers with any kind of scam—from drawing cash prizes to entering a seed phrase for crypto wallets. Be careful and always check whether you are in contact with the official account of an exchange or a fake one. (And remember, official channels never DM you first!)

Crypto Transaction Fees When you send cryptocurrency, you'll encounter a small but important cost: the transaction fee. This fee is paid to miners, who collect and validate transactions into blocks. The fee amount varies depending on the cryptocurrency, transaction data size, and network congestion. Think of it like sending a package: the bigger the package (transaction data), the more it costs to ship (higher fee). And if the postal service (miners) is busy (network congestion), they prioritize packages with higher shipping costs (transactions with higher fees). Miners earn fees for the blocks they mine, in addition to the block reward. This incentivizes them to prioritize transactions with higher fees, ensuring faster processing and confirmation. Understanding transaction fees helps you navigate the crypto landscape and make informed decisions when sending cryptocurrency. In short,transaction fees are a small price to pay for the convenience and security of cryptocurrency transactions.

🪙 Historically, major BTC price spikes have been accompanied by spikes in Google search trends. However, this time bitcoin has reached a new ATH while search interest remains relatively low. This is likely due to the fact that the current rally is driven by the interest of large institutional players.

Tesla’s Bitcoin bet is paying off Elon Musk’s Tesla now sits on an unrealized profit of $756 million from its Bitcoin holdings.

🚨🙊🤩 Bitcoin reaches new all-time high of $119,000.

🔷 Arthur Hayes suggests that the ETH rate will soon soar to $10,000 Hays made this statement based on the analysis of the ETH/BTC pair chart, where he saw a trend reversal.

Crypto speak: Cryptosis “Cryptosis” is a word used to describe an insatiable craving for knowledge about cryptocurrency. It sounds like the name of a disease, but here, it’s a friendly one. Symptoms include forum activity, active conversations about cryptocurrency with friends (which sometimes look like monologues), and minimizing risks when trading. Do you have these symptoms?)

Crypto speak: (3,3) “(3,3)” refers to game theory. It is a positive outcome for both parties. It is more beneficial for the parties to cooperate with each other instead of competing, with both getting the maximum benefit (-3,-3). The meme appeared in Olympus DAO to visualize the benefits of OHM token steaking. It was later used by other protocols, replacing (3,3) with an emoji like (🌳,🌳).

ETH Heading Towards $7200? Ethereum is showing bullish signs with a “golden cross” on the horizon and a strong “cup and handle” pattern. Analysts expect ETH to hit $7200, but the rising US dollar index might slow down its progress.

#XRP FLIPPED #SOL IN MARKET CAP

JUST IN: 🇺🇸 Donald Trump delivers victory speech. "This will truly be the golden age of America."

⚡️SafePal launched Mini Wallet cryptocurrency wallet in Telegram with Visa card support. The app will allow 950 million users to create crypto accounts that meet Swiss banking requirements. The Visa card is available after KYC verification and is licensed by the Swiss Financial Market Supervisory Authority. Standard cryptocurrency features are available in the wallet. There are also plans to add an exchange function for most blockchains. Mastercard will also be added in the future.

💰 Bitcoin price closed September 2024 with a +7.38% increase at $63,327

EW: 💰 $13.2 billion Cantor Fitzgerald CEO says #Bitcoin "should be treated like gold and like oil." "When you truly understand Bitcoin, it's hard to see it any other way."

The most influential people in the financial industry have started investing in cryptocurrencies, said the Chief Information Officer (CIO) of exchange Bitwise, Matt Hougan. According to his personal surveys, two years ago, only 10-20% of people were storing crypto assets; in 2024, that number has increased to over 70%.

👀 Linea token will be at the end of 2025 According to one of the leaders in the Liena team, we should expect the decentralization phase by the end of next year. Either byte or we are in for many more quests from Linea 😁

Master the Power of Options Trading Options trading is a powerful tool for crypto traders, offering a way to manage risk and enhance potential profits without owning the underlying assets. By using options contracts, you can speculate on price movements, making them a versatile component of any trading strategy. Think of options like insurance for your portfolio. For instance, if you own Bitcoin and fear a price drop, buying a put option allows you to sell your Bitcoin at a predetermined price (strike price), protecting you from a major loss. If prices rise, you keep the gains and let the option expire. It’s a flexible way to hedge risk and still capture market opportunities. Although options trading can be complex, mastering it enables you to better safeguard your investments and capitalize on market trends

🪙 Bitcoin will rise to $200,000 by the end of 2025 regardless of who becomes president of the United States - predicts the head of digital assets analytics at multinational financial services corporation Standard Chartered.