BingX 47,000 GOMINING Giveaway and GoMining Airdrop Collab๐
Our partnership with @BingXOfficial provides you with more ways to access GOMINING tokens and creates a seamless mining experience!
To celebrate, we've got two special promos for you!๐
First, win your share of 47,000 GOMINING tokens delivered to your BingX account!
Register at ๐ https://bingx.com/partner/GOMININGexclusive/4GxuXY
1. Buy GOMINING by any preferred method.
2. Deposit from 333 up to 666 GOMINING on BingX until August 8th.
3. Get a 10% reward from the net deposit accumulated on your BingX account during the promo period (33 GOMINING up to 66 GOMINING).
All the rewards will be paid by BingX before August 12th.
Be quick! With a limited amount available, it won't last long๐
Second, we're giving away 3,000 more GOMINING tokens as part of a special airdrop for those who spread the word!๐
Register and complete three simple steps via the Gleam page here from August 1st to August 8th and win 15 GOMINING tokens!
This offer is limited to 200 people and will be drawn randomly!
Simply complete these actions via Gleam.io:
1. Follow us on X (ex-Twitter).
2. Share the BingX promo post.
3. Add your GOMINING Virtual Wallet details from your profile.
The airdrop will be held on August 12th. We will share the winners list on our Telegram channels and transfer the rewards to your GOMINING Virtual Wallet.
Don't miss out!
Did you know? ๐ก
By participating in our campaigns, you're not only giving your mining returns a great boost but you're also supporting the GoMining ecosystem's trust and stability.
We're on a mission to support you with the latest opportunities to help you on your mining journey. ๐
#GoMining #BingX #Partnership #Listing
Our partnership with @BingXOfficial provides you with more ways to access GOMINING tokens and creates a seamless mining experience!
To celebrate, we've got two special promos for you!๐
First, win your share of 47,000 GOMINING tokens delivered to your BingX account!
Register at ๐ https://bingx.com/partner/GOMININGexclusive/4GxuXY
1. Buy GOMINING by any preferred method.
2. Deposit from 333 up to 666 GOMINING on BingX until August 8th.
3. Get a 10% reward from the net deposit accumulated on your BingX account during the promo period (33 GOMINING up to 66 GOMINING).
All the rewards will be paid by BingX before August 12th.
Be quick! With a limited amount available, it won't last long๐
Second, we're giving away 3,000 more GOMINING tokens as part of a special airdrop for those who spread the word!๐
Register and complete three simple steps via the Gleam page here from August 1st to August 8th and win 15 GOMINING tokens!
This offer is limited to 200 people and will be drawn randomly!
Simply complete these actions via Gleam.io:
1. Follow us on X (ex-Twitter).
2. Share the BingX promo post.
3. Add your GOMINING Virtual Wallet details from your profile.
The airdrop will be held on August 12th. We will share the winners list on our Telegram channels and transfer the rewards to your GOMINING Virtual Wallet.
Don't miss out!
Did you know? ๐ก
By participating in our campaigns, you're not only giving your mining returns a great boost but you're also supporting the GoMining ecosystem's trust and stability.
We're on a mission to support you with the latest opportunities to help you on your mining journey. ๐
#GoMining #BingX #Partnership #Listing
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๐ข Attention GoMining Users!
Your financial security is our top priority. We strongly recommend taking the following steps to protect your accounts:
๐ Regularly Change Your Password: Ensure your password is unique and complex. Regular updates reduce the risk of unauthorized access.
๐ Enable Two-Factor Authentication (2FA): Adding an extra layer of security makes it harder for attackers to gain access to your account. This simple step significantly enhances your protection.
๐ก Stay Vigilant: Be cautious of suspicious emails, messages, or websites. Always verify their authenticity before sharing any personal information.
๐ Monitor Your Account Activity: Regularly check your account for any unusual or unauthorized transactions. Promptly report any concerns to our support team.
๐ฅ Admins Will Never Message You First: If you receive a direct message from someone claiming to be an admin, it is likely a scam. Always contact us through official channels (with the blue checkmark) if you are unsure.
๐ซ Avoid Clicking on Strange Links and Downloading Suspicious Files: These can be attempts to compromise your security.
By following these steps, you contribute to a safer and more secure GoMining experience. Stay safe and secure!
#GoMining #Security
Your financial security is our top priority. We strongly recommend taking the following steps to protect your accounts:
๐ Regularly Change Your Password: Ensure your password is unique and complex. Regular updates reduce the risk of unauthorized access.
๐ Enable Two-Factor Authentication (2FA): Adding an extra layer of security makes it harder for attackers to gain access to your account. This simple step significantly enhances your protection.
๐ก Stay Vigilant: Be cautious of suspicious emails, messages, or websites. Always verify their authenticity before sharing any personal information.
๐ Monitor Your Account Activity: Regularly check your account for any unusual or unauthorized transactions. Promptly report any concerns to our support team.
๐ฅ Admins Will Never Message You First: If you receive a direct message from someone claiming to be an admin, it is likely a scam. Always contact us through official channels (with the blue checkmark) if you are unsure.
๐ซ Avoid Clicking on Strange Links and Downloading Suspicious Files: These can be attempts to compromise your security.
By following these steps, you contribute to a safer and more secure GoMining experience. Stay safe and secure!
#GoMining #Security
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๐Crypto World Highlights for August 2nd
-Bitcoin Market Trends and Movements
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago: The slide in the odds of a Donald Trump victory in November might have bulls rethinking some bets.
Economic woes drive Bitcoin below $63,000: Long positions bear the brunt with $277 million liquidated in 24 hours.
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows: BTC price weakness failed to resolve the day after FOMC, with Bitcoin liquidity grabs still the main talking point for traders.
Bitcoin "explosive move" looms as Bollinger Bands reach tightest points: A key Bitcoin trading indicator has hit its "tightest point" in a year. The last time it happened, Bitcoin pumped 20% in four months.
Can Bitcoin price break out after Bank of England interest rate cut?: This marks the bank's first interest rate cut in over four years, with the last rate cut occurring in March 2020.
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show: Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
Making sense of Bitcoin's broken 4-year cycle: Bitcoin deviated from its typical four-year cycle. Can its course be corrected?
-Regulatory and Legal Developments
Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request: Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.
Nigerian crypto advocates push for regulatory reforms amid protests: As the protest continues, whether crypto-specific demands will be integrated into the broader movement's objectives remains to be seen.
ZachXBT alleges Alameda-backed ZKX raised millions, launched token despite shutdown risk: ZackXBT alleged that derivatives trading protocol ZKX announced it had raised millions of dollars and launched its native token despite a risk of the platform shutting down.
-Corporate and Investment News
Michael Saylor's MicroStrategy Bought 169 Bitcoin For $11.4 Million In July: The company now owns 226,500 BTC worth $14.4 billion.
#GoMining #NFT #MarketReview
-Bitcoin Market Trends and Movements
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago: The slide in the odds of a Donald Trump victory in November might have bulls rethinking some bets.
Economic woes drive Bitcoin below $63,000: Long positions bear the brunt with $277 million liquidated in 24 hours.
Bitcoin ignores 100% Fed rate cut odds as BTC price taps 2-week lows: BTC price weakness failed to resolve the day after FOMC, with Bitcoin liquidity grabs still the main talking point for traders.
Bitcoin "explosive move" looms as Bollinger Bands reach tightest points: A key Bitcoin trading indicator has hit its "tightest point" in a year. The last time it happened, Bitcoin pumped 20% in four months.
Can Bitcoin price break out after Bank of England interest rate cut?: This marks the bank's first interest rate cut in over four years, with the last rate cut occurring in March 2020.
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show: Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
Making sense of Bitcoin's broken 4-year cycle: Bitcoin deviated from its typical four-year cycle. Can its course be corrected?
-Regulatory and Legal Developments
Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request: Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.
Nigerian crypto advocates push for regulatory reforms amid protests: As the protest continues, whether crypto-specific demands will be integrated into the broader movement's objectives remains to be seen.
ZachXBT alleges Alameda-backed ZKX raised millions, launched token despite shutdown risk: ZackXBT alleged that derivatives trading protocol ZKX announced it had raised millions of dollars and launched its native token despite a risk of the platform shutting down.
-Corporate and Investment News
Michael Saylor's MicroStrategy Bought 169 Bitcoin For $11.4 Million In July: The company now owns 226,500 BTC worth $14.4 billion.
#GoMining #NFT #MarketReview
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๐ GoMarket Weekly #21 ๐
Welcome to the 21st edition of GoMarket Weekly with Mike Ermolaev! The crypto industry is teeming with activity, and this week we're getting to the bottom of the biggest market shifts and trends. Here's the lowdown: Bitcoin's price is fluctuating thanks to Trump's latest crypto promises, while Ethereum's holding steady despite investors pulling their cash out of major ETFs, and Tether's posting some impressive financial numbers.
๐ก Bitcoin Volatility and Trump's Impact
Bitcoin has been struggling to break the $70k resistance. Despite a brief surge after Trump's speech at the Bitcoin Conference 2024, the price quickly fell back. Trump's proposed policies, including a strategic Bitcoin stockpile and reduced energy costs for mining, initially sparked optimism. However, a significant BTC transfer by the US government added to market uncertainty, causing Bitcoin's price to drop by over 2%.
๐Ethereum Resilience Amid ETF Flows
Ethereum traded within $3,098 to $3,391, supported by $795M in ETH ETF inflows from July 25 to August 1. Blackrock led with $428.9M, followed by Fidelity and Bitwise. Despite $1.244B outflows from Grayscale's ETHE, positive inflows from some other ETFs helped stabilize Ethereum's price.
๐ผ Tether's Record Profits
Tether reported a record profit of $5.2B for H1 2024, with reserves in US Treasury bills surpassing $80.9B. Over 8B USDT were issued in Q2, with reserves totaling $118.4B against liabilities of $113.1B, highlighting Tether's strong market position.
๐ง Mining Trends and Accumulation
Bitcoin's hashrate reached 613.07 EH/s as of August 1, with a mining difficulty of 90.666T. The continuous rise in hashrate reflects increased miner activity and investment. Declining miner outflows suggest accumulation, contributing to Bitcoin's price stability.
๐ Fed's Rate Decision, Election Impact, and New Bitcoin Reserve Legislation
The Federal Reserve maintained the base interest rate at 5.25-5.5%, with a potential rate cut in September. Election news and major macroeconomic events are drawing attention, with discussions about a national Bitcoin reserve potentially impacting BTC prices. Also, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024," aiming to accumulate up to 1M BTC over five years.
For a deeper dive and more detailed insights, be sure to read the full version of GoMarket Weekly #21! ๐โจ
#GoMarketWeekly #NFT #Trends
Welcome to the 21st edition of GoMarket Weekly with Mike Ermolaev! The crypto industry is teeming with activity, and this week we're getting to the bottom of the biggest market shifts and trends. Here's the lowdown: Bitcoin's price is fluctuating thanks to Trump's latest crypto promises, while Ethereum's holding steady despite investors pulling their cash out of major ETFs, and Tether's posting some impressive financial numbers.
๐ก Bitcoin Volatility and Trump's Impact
Bitcoin has been struggling to break the $70k resistance. Despite a brief surge after Trump's speech at the Bitcoin Conference 2024, the price quickly fell back. Trump's proposed policies, including a strategic Bitcoin stockpile and reduced energy costs for mining, initially sparked optimism. However, a significant BTC transfer by the US government added to market uncertainty, causing Bitcoin's price to drop by over 2%.
๐Ethereum Resilience Amid ETF Flows
Ethereum traded within $3,098 to $3,391, supported by $795M in ETH ETF inflows from July 25 to August 1. Blackrock led with $428.9M, followed by Fidelity and Bitwise. Despite $1.244B outflows from Grayscale's ETHE, positive inflows from some other ETFs helped stabilize Ethereum's price.
๐ผ Tether's Record Profits
Tether reported a record profit of $5.2B for H1 2024, with reserves in US Treasury bills surpassing $80.9B. Over 8B USDT were issued in Q2, with reserves totaling $118.4B against liabilities of $113.1B, highlighting Tether's strong market position.
๐ง Mining Trends and Accumulation
Bitcoin's hashrate reached 613.07 EH/s as of August 1, with a mining difficulty of 90.666T. The continuous rise in hashrate reflects increased miner activity and investment. Declining miner outflows suggest accumulation, contributing to Bitcoin's price stability.
๐ Fed's Rate Decision, Election Impact, and New Bitcoin Reserve Legislation
The Federal Reserve maintained the base interest rate at 5.25-5.5%, with a potential rate cut in September. Election news and major macroeconomic events are drawing attention, with discussions about a national Bitcoin reserve potentially impacting BTC prices. Also, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024," aiming to accumulate up to 1M BTC over five years.
For a deeper dive and more detailed insights, be sure to read the full version of GoMarket Weekly #21! ๐โจ
#GoMarketWeekly #NFT #Trends
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๐Crypto World Highlights for August 3rd
-Market Reactions and Financial Performance
Grim U.S. Job Numbers Roil Markets: Traders are sounding recession alarms as tough July jobs numbers have plenty questioning the Fed's rates strategy.
Coinbase reports $1.4B in revenue, beating estimates: Coinbase reported $1.4 billion in total revenue for the second quarter of this year.
-Bitcoin and Cryptocurrency Trends
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood: Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
Bitcoin network difficulty breaks 3-month downtrend to mark new ATH: Bitcoinโs network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.
Mining company CleanSpark sold only 2.54 Bitcoin in July: CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show: Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
-Corporate Developments and Regulatory Changes
Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash: Crypto lender Genesis Global has completed its restructuring process, beginning to distribute $4 billion worth of assets to its remaining creditors.
Bybit to exit France amid regulatory hurdles, hopes for future return: Bybit's exit from France against a backdrop of ongoing regulatory changes in Europe.
France Opens for MiCA Applications, First Among Biggest EU Economies: The French regulator has in the past welcomed crypto companies to register with it.
-Investment and Trading Developments
Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: Starting Wednesday, Morgan Stanley's financial advisors can solicit eligible clients to purchase shares of BlackRock and Fidelity's spot Bitcoin ETFs.
Polymarket Surpasses $1B in Total Trading Volume: The popular predictions market had its best month ever in July as it attracted more election attention.
-DeFi and DEX Activity
Solana's July DEX volume exceeds Ethereum amid wash trading concerns: Institutional interest and memecoins push Solanaโs DEX volume higher than Ethereum last month.
#GoMining #NFT #MarketReview
-Market Reactions and Financial Performance
Grim U.S. Job Numbers Roil Markets: Traders are sounding recession alarms as tough July jobs numbers have plenty questioning the Fed's rates strategy.
Coinbase reports $1.4B in revenue, beating estimates: Coinbase reported $1.4 billion in total revenue for the second quarter of this year.
-Bitcoin and Cryptocurrency Trends
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood: Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
Bitcoin network difficulty breaks 3-month downtrend to mark new ATH: Bitcoinโs network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.
Mining company CleanSpark sold only 2.54 Bitcoin in July: CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show: Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
-Corporate Developments and Regulatory Changes
Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash: Crypto lender Genesis Global has completed its restructuring process, beginning to distribute $4 billion worth of assets to its remaining creditors.
Bybit to exit France amid regulatory hurdles, hopes for future return: Bybit's exit from France against a backdrop of ongoing regulatory changes in Europe.
France Opens for MiCA Applications, First Among Biggest EU Economies: The French regulator has in the past welcomed crypto companies to register with it.
-Investment and Trading Developments
Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: Starting Wednesday, Morgan Stanley's financial advisors can solicit eligible clients to purchase shares of BlackRock and Fidelity's spot Bitcoin ETFs.
Polymarket Surpasses $1B in Total Trading Volume: The popular predictions market had its best month ever in July as it attracted more election attention.
-DeFi and DEX Activity
Solana's July DEX volume exceeds Ethereum amid wash trading concerns: Institutional interest and memecoins push Solanaโs DEX volume higher than Ethereum last month.
#GoMining #NFT #MarketReview
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๐ GoMining Secondary Market Weekly Stats!
๐ธ Last week, we recorded a trading volume of 1,035,974 $GOMINING tokens.
๐ Top Sales Performance:
๐ MINEBOX 89977: Achieved $2867 per/1 TH
๐ MINEBOX 89668: Sold for $2763/1 TH
๐ The Greedy Machines #1182: Closed at $1167/1 TH
๐ Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
๐ Discover our marketplace here ๐ https://app.gmt.io/nft
๐ Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management ๐https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! ๐
#GoMining #DigitalMiners #WeeklyStats
๐ธ Last week, we recorded a trading volume of 1,035,974 $GOMINING tokens.
๐ Top Sales Performance:
๐ MINEBOX 89977: Achieved $2867 per/1 TH
๐ MINEBOX 89668: Sold for $2763/1 TH
๐ The Greedy Machines #1182: Closed at $1167/1 TH
๐ Enhance Your Digital Miner Experience:
Trade with confidence on our official marketplace, where every transaction is secure. Once purchased, digital miners are immediately added to your GoMining account.
๐ Discover our marketplace here ๐ https://app.gmt.io/nft
๐ Need assistance with buying and selling? Check out our FAQ for guidance on payment methods and wallet management ๐https://help.nft.gomining.com/faq/buying-and-selling
Join the market today and boost your crypto adventure! ๐
#GoMining #DigitalMiners #WeeklyStats
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๐Crypto World Highlights for August 4th
-Weekly Recap and Market Trends
Bitcoin and Trump | Bankless: Weekly recap: BTC loses its gains, Trump loses his lead.
Crypto market historically faces seasonal downtrend in August: Coinbase | The Block: August has historically seen consistent downtrends in the cryptocurrency market, according to Coinbase analysts.
What Crypto Whales Are Buying for Potential Gains in August 2024: Toncoin (TON), Tron (TRX), and Binance Coin (BNB) are showing signs of potential gains based on whale activity.
-Bitcoin Price and Trading Activity
US spot bitcoin ETFs see biggest single-day outflow in 90 days | The Block: US spot bitcoin ETFs logged a daily net outflow of $237 million on Friday, the highest single-day outflow level since May 1.
Bitcoin whale volume from exchanges hits 9-year high as analysts call BTC price bottom: The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015.
Bitcoin Could Drop Below $50,000 If US Economy Sours: 10x Research - Decrypt: Amid signs that the U.S. economy is weaker than expected, Bitcoin could face an even larger selloff ahead.
Bitcoinโs price evolution post-halving: Examining five distinct epochs | CryptoSlate: Bitcoin's price trajectory post-halving reveals evolving market dynamics.
Bitcoinโs Anticipated Retail Resurgence: Exploring the potential surge: When will retail investors return to Bitcoin and drive prices higher?
-Corporate and Regulatory Developments
Democratic elites, crypto industry leaders to hold virtual roundtable Monday: Politico | The Block: White House officials and elite democratic operatives will attend a virtual roundtable with crypto industry executives discussing digital asset policy on Monday.
Crypto stocks suffer from Q2 blues - Blockworks: What we learned from the Q2 results of COIN, MSTR, MARA, and GLXY, and where those companies are headed.
Marathon Digital shares plunge 8% after Q2 revenue miss estimates: Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.
#GoMining #NFT #MarketReview
-Weekly Recap and Market Trends
Bitcoin and Trump | Bankless: Weekly recap: BTC loses its gains, Trump loses his lead.
Crypto market historically faces seasonal downtrend in August: Coinbase | The Block: August has historically seen consistent downtrends in the cryptocurrency market, according to Coinbase analysts.
What Crypto Whales Are Buying for Potential Gains in August 2024: Toncoin (TON), Tron (TRX), and Binance Coin (BNB) are showing signs of potential gains based on whale activity.
-Bitcoin Price and Trading Activity
US spot bitcoin ETFs see biggest single-day outflow in 90 days | The Block: US spot bitcoin ETFs logged a daily net outflow of $237 million on Friday, the highest single-day outflow level since May 1.
Bitcoin whale volume from exchanges hits 9-year high as analysts call BTC price bottom: The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015.
Bitcoin Could Drop Below $50,000 If US Economy Sours: 10x Research - Decrypt: Amid signs that the U.S. economy is weaker than expected, Bitcoin could face an even larger selloff ahead.
Bitcoinโs price evolution post-halving: Examining five distinct epochs | CryptoSlate: Bitcoin's price trajectory post-halving reveals evolving market dynamics.
Bitcoinโs Anticipated Retail Resurgence: Exploring the potential surge: When will retail investors return to Bitcoin and drive prices higher?
-Corporate and Regulatory Developments
Democratic elites, crypto industry leaders to hold virtual roundtable Monday: Politico | The Block: White House officials and elite democratic operatives will attend a virtual roundtable with crypto industry executives discussing digital asset policy on Monday.
Crypto stocks suffer from Q2 blues - Blockworks: What we learned from the Q2 results of COIN, MSTR, MARA, and GLXY, and where those companies are headed.
Marathon Digital shares plunge 8% after Q2 revenue miss estimates: Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.
#GoMining #NFT #MarketReview
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๐Crypto World Highlights for August 5th
-Bitcoin and Cryptocurrency Trends
Bitcoin falls to $57k as market bleeds amid fears of recession, war: The flagship crypto has fallen more than 8% since the start of the weekend to $58,061 โ the lowest price recorded in almost three weeks.
Bitcoin Is Crashing Ahead Of The Japan Open | ZeroHedge: Bitcoin, and the entire crypto universe, is crashing after yet another huge sell order was unleashed by a time-triggered algo, the same algo that has activated selling momentum on each of the past 7 trading days at 10 a.m. ET.
Bitcoin falls into demand zone โ Will SOL, XRP, KAS and AAVE follow?: Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
Potential for Fed balance sheet to hit $17 trillion in future crises examined | CryptoSlate: S&P 500 matches Fed balance sheet's 11% CAGR.
-Economic News and Analysis
Gold to break all-time high as recession fears rise, according to analysts: Gold has drawn a double top at $2,477 per ounce, slightly below its $2,483 all-time high from July 17, as recession fears rise in the United States.
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says: Analysts now show a bullish bias toward gold as recession fears rise.
-Regulatory and Political Developments
CFTC subpoenas Ben "BitBoy" Armstrong's former company in fraud investigation, asks about activity for tokens such as BEN: The CFTC issued a subpoena to Hit Network, the company that previously had Ben "BitBoy" Armstrong as its host, asking for information on activity related to 15 tokens.
The SEC continues to engage in "strategic ambiguity," lawyer says - Blockworks: Two NFT artists filed a suit against the SEC earlier this week to push back on the unclear regulatory approach to the environment.
Islamic State Seeks Sharia Law Concession for Crypto: UN Report: A UN Report reveals that Islamic State groups are now looking for concessions for crypto under Sharia Law.
-Corporate Developments
Coinbase 500? Why CEO Brian Armstrong wants to launch a crypto index โ DL News: Coinbase's CEO wants to launch a crypto index fund, though there are regulatory hurdles to doing so.
The USA can (and should) dedicate more energy to Bitcoin mining: Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.
#GoMining #NFT #MarketReview
-Bitcoin and Cryptocurrency Trends
Bitcoin falls to $57k as market bleeds amid fears of recession, war: The flagship crypto has fallen more than 8% since the start of the weekend to $58,061 โ the lowest price recorded in almost three weeks.
Bitcoin Is Crashing Ahead Of The Japan Open | ZeroHedge: Bitcoin, and the entire crypto universe, is crashing after yet another huge sell order was unleashed by a time-triggered algo, the same algo that has activated selling momentum on each of the past 7 trading days at 10 a.m. ET.
Bitcoin falls into demand zone โ Will SOL, XRP, KAS and AAVE follow?: Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
Potential for Fed balance sheet to hit $17 trillion in future crises examined | CryptoSlate: S&P 500 matches Fed balance sheet's 11% CAGR.
-Economic News and Analysis
Gold to break all-time high as recession fears rise, according to analysts: Gold has drawn a double top at $2,477 per ounce, slightly below its $2,483 all-time high from July 17, as recession fears rise in the United States.
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says: Analysts now show a bullish bias toward gold as recession fears rise.
-Regulatory and Political Developments
CFTC subpoenas Ben "BitBoy" Armstrong's former company in fraud investigation, asks about activity for tokens such as BEN: The CFTC issued a subpoena to Hit Network, the company that previously had Ben "BitBoy" Armstrong as its host, asking for information on activity related to 15 tokens.
The SEC continues to engage in "strategic ambiguity," lawyer says - Blockworks: Two NFT artists filed a suit against the SEC earlier this week to push back on the unclear regulatory approach to the environment.
Islamic State Seeks Sharia Law Concession for Crypto: UN Report: A UN Report reveals that Islamic State groups are now looking for concessions for crypto under Sharia Law.
-Corporate Developments
Coinbase 500? Why CEO Brian Armstrong wants to launch a crypto index โ DL News: Coinbase's CEO wants to launch a crypto index fund, though there are regulatory hurdles to doing so.
The USA can (and should) dedicate more energy to Bitcoin mining: Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.
#GoMining #NFT #MarketReview
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๐ GoMining Mascot Creation Contest Reminder! ๐
Hey GoMining community!
Donโt forget to showcase your creativity in our exciting mascot creation contest! Imagine what a mascot embodying GoMining's mission and values could look like, and share your inspiring ideas with us!
๐ผ How to Participate:
1. Create a Mascot
2. Submit your original digital art or illustration.
3. Ensure your work aligns with GoMining's theme and includes our logo and style guidelines.
๐ฒ Publish Your Work:
Share your mascot creation on X (formerly Twitter).
Use the hashtags #GoMiningMascot and #GoMining, and tag our official account @GoMining_token.
Like & RT this tweet.
๐ Fill out the Gleam form, provide the link to your work and your GoMining ID.
๐ Contest Dates:
Submissions are open from July 25 to August 8, 23:59 UTC.
๐Prizes:
๐ฅ 1st Place: 1,500 GOMINING tokens
๐ฅ 2nd Place: 400 GOMINING tokens
๐ฅ 3rd Place: 250 GOMINING tokens
๐ 4th Place: 200 GOMINING tokens
๐ 5th Place: 150 GOMINING tokens
๐ 6th - 10th Places: 100 GOMINING tokens each
Judging Criteria:
- Entries will be evaluated by the jury based on originality, quality, and social media reactions.
- After the preliminary selection, the top entries will be presented for final voting among our followers on X (formerly Twitter).
โ๏ธComplete contest rules and details are available ๐ here.
๐ก Show off your creativity and leave your mark in the world of cryptocurrency and within the GoMining community! ๐ก
Good luck! ๐
#GoMining #NFT #Mascot
Hey GoMining community!
Donโt forget to showcase your creativity in our exciting mascot creation contest! Imagine what a mascot embodying GoMining's mission and values could look like, and share your inspiring ideas with us!
๐ผ How to Participate:
1. Create a Mascot
2. Submit your original digital art or illustration.
3. Ensure your work aligns with GoMining's theme and includes our logo and style guidelines.
๐ฒ Publish Your Work:
Share your mascot creation on X (formerly Twitter).
Use the hashtags #GoMiningMascot and #GoMining, and tag our official account @GoMining_token.
Like & RT this tweet.
๐ Fill out the Gleam form, provide the link to your work and your GoMining ID.
๐ Contest Dates:
Submissions are open from July 25 to August 8, 23:59 UTC.
๐Prizes:
๐ฅ 1st Place: 1,500 GOMINING tokens
๐ฅ 2nd Place: 400 GOMINING tokens
๐ฅ 3rd Place: 250 GOMINING tokens
๐ 4th Place: 200 GOMINING tokens
๐ 5th Place: 150 GOMINING tokens
๐ 6th - 10th Places: 100 GOMINING tokens each
Judging Criteria:
- Entries will be evaluated by the jury based on originality, quality, and social media reactions.
- After the preliminary selection, the top entries will be presented for final voting among our followers on X (formerly Twitter).
โ๏ธComplete contest rules and details are available ๐ here.
๐ก Show off your creativity and leave your mark in the world of cryptocurrency and within the GoMining community! ๐ก
Good luck! ๐
#GoMining #NFT #Mascot
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๐ก๏ธ Reminder - Reward Protection Function for Digital Miner Owners ๐ก๏ธ
Attention digital miner owners! We want to remind you about the Reward Protection function, a valuable feature designed specifically for digital miner owners with low energy efficiency. This function is available to holders who pay for maintenance with GOMINING tokens.
โ๏ธHow It Works:
๐If your daily mining reward in dollars (based on the current exchange rate) is less than the cost of maintenance, the write-off will not occur.
๐Reward Protection automatically enabled for all users.
๐You can always choose to disable this feature in your personal account settings under the My NFT - Rewards page. Make sure you are completely confident in your investment strategy.
Stay protected and get the most out of your digital miners with GOMINING tokens!
๐ Log in to your account to manage settings (My NFT - Rewards page)
Stay tuned!
#GOMINING #NFT #DigitalMiners #RewardProtection
Attention digital miner owners! We want to remind you about the Reward Protection function, a valuable feature designed specifically for digital miner owners with low energy efficiency. This function is available to holders who pay for maintenance with GOMINING tokens.
โ๏ธHow It Works:
๐If your daily mining reward in dollars (based on the current exchange rate) is less than the cost of maintenance, the write-off will not occur.
๐Reward Protection automatically enabled for all users.
๐You can always choose to disable this feature in your personal account settings under the My NFT - Rewards page. Make sure you are completely confident in your investment strategy.
Stay protected and get the most out of your digital miners with GOMINING tokens!
๐ Log in to your account to manage settings (My NFT - Rewards page)
Stay tuned!
#GOMINING #NFT #DigitalMiners #RewardProtection
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๐ข Announcement: Community Call with Mark Zalan
Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan!
This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all the major updates from the past month, ensuring you are up-to-date with the latest developments.
๐ Twitter Space ๐
Don't miss out on this opportunity to participate. The link for the Community Call will be posted later. We look forward to seeing you there!
The top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)! ๐ฐ๐
Stay tuned!
#GoMining #NFT #CommunityCall #Updates
Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan!
This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all the major updates from the past month, ensuring you are up-to-date with the latest developments.
๐ Twitter Space ๐
Don't miss out on this opportunity to participate. The link for the Community Call will be posted later. We look forward to seeing you there!
The top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)! ๐ฐ๐
Stay tuned!
#GoMining #NFT #CommunityCall #Updates
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GoMining News
๐ข Announcement: Community Call with Mark Zalan Join us today, August 6th, at 4 p.m. CET for an exciting Community Call with Mark Zalan! This is your chance to get insights directly from Mark and engage with the GoMining community. We will discuss all theโฆ
๐ข 5 Minutes Until the Community Call with Mark Zalan!
Join us at 4 p.m. CET for an exciting Community Call with Mark Zalan on Twitter Space. We will discuss all the major updates from the past month.
๐ Twitter Space ๐
Top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)!๐ฐ๐
#GoMining #NFT #CommunityCall #Updates
Join us at 4 p.m. CET for an exciting Community Call with Mark Zalan on Twitter Space. We will discuss all the major updates from the past month.
๐ Twitter Space ๐
Top 5 live questions will each receive $20 in GOMINING tokens (total prize pool of $100)!๐ฐ๐
#GoMining #NFT #CommunityCall #Updates
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๐ขโจ We're announcing the second cycle of our Bounty program with 1,000,000 tokens! ๐
Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the race, the bigger your prize could be.
๐ Become part of our community, contribute to the success of the project, and earn a share of 1,000,000 GOMINING tokens for the epoch and 10,000 tokens each week. ๐
๐ฅ What is the rewards program? ๐ฅ
The program is linked to our Burn and Mint tokenomics cycles. Every Tuesday, a new cycle begins with new reward tasks. Each week, we will distribute 10,000 GOMINING tokens among those who complete the program's tasks. But that's not all!
๐ All the points you earn by participating in the weekly cycles will accumulate in the final leaderboard of the 4th epoch, where we will distribute 1,000,000 GOMINING tokens!!!
๐ Join the second Bounty cycle!
โ๏ธ How It Works: โ๏ธ
๐ Bounty tasks will be announced weekly on Tuesday at 3 PM UTC.
๐ The leaderboard will now be updated daily at 8 PM UTC.
๐ To participate in the bounty, you need to be a GoMining user and register in our app.
Join our weekly bounty cycles, complete new tasks, earn tokens for your activity, and accumulate points for the big drawing at the end of the epoch! ๐
#GoMining #NFT #Bounty
Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the race, the bigger your prize could be.
๐ Become part of our community, contribute to the success of the project, and earn a share of 1,000,000 GOMINING tokens for the epoch and 10,000 tokens each week. ๐
๐ฅ What is the rewards program? ๐ฅ
The program is linked to our Burn and Mint tokenomics cycles. Every Tuesday, a new cycle begins with new reward tasks. Each week, we will distribute 10,000 GOMINING tokens among those who complete the program's tasks. But that's not all!
๐ All the points you earn by participating in the weekly cycles will accumulate in the final leaderboard of the 4th epoch, where we will distribute 1,000,000 GOMINING tokens!!!
๐ Join the second Bounty cycle!
โ๏ธ How It Works: โ๏ธ
๐ Bounty tasks will be announced weekly on Tuesday at 3 PM UTC.
๐ The leaderboard will now be updated daily at 8 PM UTC.
๐ To participate in the bounty, you need to be a GoMining user and register in our app.
Join our weekly bounty cycles, complete new tasks, earn tokens for your activity, and accumulate points for the big drawing at the end of the epoch! ๐
#GoMining #NFT #Bounty
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GoMining News
๐ขโจ We're announcing the second cycle of our Bounty program with 1,000,000 tokens! ๐ Hi friends! You have the chance to join the Bounty at the very beginning, which will last throughout the fourth epoch of GoMining's tokenomics. The earlier you join the raceโฆ
๐ขโจ We're excited to announce new and interesting tasks for this week's Bounty program cycle!
To participate:
1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results).
2๏ธโฃ Many tasks this week require submitting screenshots, so register on this forum to submit your applications!
3๏ธโฃ Complete one or more tasks from this cycle:
๐น New tasks for this cycle - show your support and creative energy on social media.
1. Like, share, repost - earn from 2 to 20 points for simple tasks. โค๏ธ
2. Celebrate the listing of GOMINING on BingX and earn from 1 to 5 points. ๐
3. Write the most popular post according to the task conditions and earn as many points as you can carry! ๐ธ
4. Try your hand at creating content about GoMining and earn from 2 to 20 points. โ๏ธ
5. Create Instagram posts and earn an additional 2 to 6 points. ๐ผ
๐น All our community tasks from the first week are still active:
1. Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! ๐ฌ
2. Help newcomers on the Telegram chat; each reputation point equals one point on the Bounty leaderboard! ๐ค
3. Participate and win in games and quizzes on Discord and Telegram! (follow the schedule on social media) ๐ฎ
4. Invite friends to our Telegram group and earn 10% of the points they earn for their activity on Telegram! ๐ฅ
Join us, be active, persistent, and creative, climb the leaderboard, and win GOMINING tokens! ๐
#GoMining #Bounty
To participate:
1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results).
2๏ธโฃ Many tasks this week require submitting screenshots, so register on this forum to submit your applications!
3๏ธโฃ Complete one or more tasks from this cycle:
๐น New tasks for this cycle - show your support and creative energy on social media.
1. Like, share, repost - earn from 2 to 20 points for simple tasks. โค๏ธ
2. Celebrate the listing of GOMINING on BingX and earn from 1 to 5 points. ๐
3. Write the most popular post according to the task conditions and earn as many points as you can carry! ๐ธ
4. Try your hand at creating content about GoMining and earn from 2 to 20 points. โ๏ธ
5. Create Instagram posts and earn an additional 2 to 6 points. ๐ผ
๐น All our community tasks from the first week are still active:
1. Be active on our Telegram chat and Discord server to earn from 1 to 10 points each! ๐ฌ
2. Help newcomers on the Telegram chat; each reputation point equals one point on the Bounty leaderboard! ๐ค
3. Participate and win in games and quizzes on Discord and Telegram! (follow the schedule on social media) ๐ฎ
4. Invite friends to our Telegram group and earn 10% of the points they earn for their activity on Telegram! ๐ฅ
Join us, be active, persistent, and creative, climb the leaderboard, and win GOMINING tokens! ๐
#GoMining #Bounty
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GoMining News pinned ยซ๐ขโจ We're excited to announce new and interesting tasks for this week's Bounty program cycle! To participate: 1๏ธโฃ Fill out this form by Tuesday, August 13th, at 3 PM UTC (we will need your GoMining UID to calculate the results). 2๏ธโฃ Many tasks this weekโฆยป
๐Crypto World Highlights for August 7th
-Market Analysis and Trends
Crypto stocks rebound, volatility eases but analysts say we are not out of the woods: After spiking into crisis territory on Monday, the VIX was on the decline Tuesday. But volatility is still in the air.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip: Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin hovering at key support levels with risk of further price correction: CryptoQuant: The price of Bitcoin is hovering precariously around key support levels after Monday's market freefall and subsequent tentative recovery, analysts said.
-Company and Investment Updates
Semler Scientific acquires additional 101 bitcoins, increasing total holdings to 929 BTC: Semler Scientific reinforces its bitcoin investment plan despite an earnings dip.
Metaplanet To Raise $70 Million To Buy More Bitcoin: Metaplanet, a Japanese public company, announced a plan to raise $70 million through a stock rights issue to buy more Bitcoin.
Venture capital injects $527 million into crypto startups in July: The infrastructure sector raised over $420 million, dominating nearly 80% of all capital raised last month.
-Market Volatility and Expert Opinions
'The only thing that's certain is volatility': Four leading market experts weigh in on the start of a volatile week: Leading market experts joined The Block to discuss the recent sell-off in both traditional and crypto markets.
The Unreliable Bitcoin (BTC) Death Cross Is Looming Again: Indicators like the death cross are inherently lagging and offer limited predictive power.
-Major Market Movements
$510B crypto sell-off wipes 2024 gains for top 50 coins: Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
Nearly every token Binance listed in 2024 is now bleeding red โ Coin98: Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
-Security Incidents
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack: Ronin, a bridging service, was paused after $12 million in tokens were drained from the platform. The exploit was conducted by so-called whitehat hackers, and talks about returning the tokens are occurring.
#GoMining #DigitalMiners #MarketReview
-Market Analysis and Trends
Crypto stocks rebound, volatility eases but analysts say we are not out of the woods: After spiking into crisis territory on Monday, the VIX was on the decline Tuesday. But volatility is still in the air.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip: Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin hovering at key support levels with risk of further price correction: CryptoQuant: The price of Bitcoin is hovering precariously around key support levels after Monday's market freefall and subsequent tentative recovery, analysts said.
-Company and Investment Updates
Semler Scientific acquires additional 101 bitcoins, increasing total holdings to 929 BTC: Semler Scientific reinforces its bitcoin investment plan despite an earnings dip.
Metaplanet To Raise $70 Million To Buy More Bitcoin: Metaplanet, a Japanese public company, announced a plan to raise $70 million through a stock rights issue to buy more Bitcoin.
Venture capital injects $527 million into crypto startups in July: The infrastructure sector raised over $420 million, dominating nearly 80% of all capital raised last month.
-Market Volatility and Expert Opinions
'The only thing that's certain is volatility': Four leading market experts weigh in on the start of a volatile week: Leading market experts joined The Block to discuss the recent sell-off in both traditional and crypto markets.
The Unreliable Bitcoin (BTC) Death Cross Is Looming Again: Indicators like the death cross are inherently lagging and offer limited predictive power.
-Major Market Movements
$510B crypto sell-off wipes 2024 gains for top 50 coins: Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
Nearly every token Binance listed in 2024 is now bleeding red โ Coin98: Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
-Security Incidents
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack: Ronin, a bridging service, was paused after $12 million in tokens were drained from the platform. The exploit was conducted by so-called whitehat hackers, and talks about returning the tokens are occurring.
#GoMining #DigitalMiners #MarketReview
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๐ Results of the First Cycle of the GoMining Bounty Program! ๐
Hi everyone,
We're happy to share the results of our weekly Bounty Program!
Every week, GoMining distributes 10,000 tokens among those who complete tasks and earn points. Last week, our participants were actively engaging in chats on Telegram and Discord, participating in quizzes, playing games, and helping each other out, earning reputation points.๐
๐ Results and Winners:
We have tallied the points and recorded the results of the first cycle in the Leaderboard - check out your GoMining ID in the list for the first week!
We're overjoyed to announce that this week we have three participants who scored more than 50 points and will receive over 1000 GoMining tokens! ๐ค The winner's reward in this cycle will be 1500 GOMINING tokens, equivalent to $400 at the current rate! ๐ Amazing prizes in just one week!
Want to be a winner too?
Stay active, complete tasks, earn points, and participate in the next token drawing.
๐ Congratulations to our winners and thanks to everyone for participating! Good luck in the next cycle!
๐ Want to join? Let's start right now! ๐
#GoMining #BountyProgram
Hi everyone,
We're happy to share the results of our weekly Bounty Program!
Every week, GoMining distributes 10,000 tokens among those who complete tasks and earn points. Last week, our participants were actively engaging in chats on Telegram and Discord, participating in quizzes, playing games, and helping each other out, earning reputation points.๐
๐ Results and Winners:
We have tallied the points and recorded the results of the first cycle in the Leaderboard - check out your GoMining ID in the list for the first week!
We're overjoyed to announce that this week we have three participants who scored more than 50 points and will receive over 1000 GoMining tokens! ๐ค The winner's reward in this cycle will be 1500 GOMINING tokens, equivalent to $400 at the current rate! ๐ Amazing prizes in just one week!
Want to be a winner too?
Stay active, complete tasks, earn points, and participate in the next token drawing.
๐ Congratulations to our winners and thanks to everyone for participating! Good luck in the next cycle!
๐ Want to join? Let's start right now! ๐
#GoMining #BountyProgram
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๐ Big cheers to Vader, this week's winner in our weekly raffle!
๐ You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.
๐ Looking to boost your mining efficiency? Here's how you can join the raffle:
1) Haven't got a digital miner yet? Now's the time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;
๐ก Every $10 invested in upgrades not only fine-tunes your mining capabilities but also raises your chances of winning. This week's winner, Vader, had a winning probability of just 0.072%, proving anyone can win.
๐ Note the date: The next drawing will conclude on August 13th. Keep enhancing your setup to boost your chances.
๐ Good luck to everyone in the next draw!
#GoMining #DigitalMiners #WeeklyRaffle
๐ You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.
๐ Looking to boost your mining efficiency? Here's how you can join the raffle:
1) Haven't got a digital miner yet? Now's the time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;
๐ก Every $10 invested in upgrades not only fine-tunes your mining capabilities but also raises your chances of winning. This week's winner, Vader, had a winning probability of just 0.072%, proving anyone can win.
๐ Note the date: The next drawing will conclude on August 13th. Keep enhancing your setup to boost your chances.
๐ Good luck to everyone in the next draw!
#GoMining #DigitalMiners #WeeklyRaffle
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