GM GoMiners! 🌞 Wishing you a weekend full of rest and success! 💎

🚀 GoMarket Weekly #17🚀

We’re excited to bring you the latest edition of GoMarket Weekly, authored by Mike Ermolaev, our go-to crypto market analyst! This week, we dive into Bitcoin's recent drop, Ethereum's ETF developments, and Vitalik Buterin's proposals for faster transactions. The latest trends in mining and regulatory developments are also covered here – get the insight you need to stay up-to-date.

🔍 Bitcoin's Sell-Pressure Factors🔍
Over the past week, Bitcoin experienced a decline of around 11%. Key factors include the Federal Reserve's cautious stance on rate cuts, weak jobs data, and political uncertainties. The latest job openings data showed 8.14 million jobs at the end of May, but rising weekly jobless claims and a climbing unemployment rate are causing concern. Additionally, uncertainty over the U.S. presidential elections adds to the market unease.

🇩🇪 BTC Transfers by the German Government 🇩🇪
In the last four days, the German Federal Criminal Police Office (BKA) transferred 3,219 BTC (worth around $174.17 million) to various external wallets, increasing market uncertainty and selling pressure.

🗞️ Mt. Gox Bitcoin Release🗞️
Mt. Gox has begun repayments to customers, potentially releasing up to 140,000 BTC into the market, further contributing to market volatility.

📉 Renewed Sell-Offs by Long-Term Holders📉
Long-term Bitcoin holders have resumed sell-offs after halting in early May, also contributing to market uncertainties. Despite this, Standard Chartered Bank predicts Bitcoin could hit $100,000 by the year's end.

📈 Bitcoin ETF Flows Show Positive Sentiment 📈
Between June 28 and July 3, Bitcoin ETFs saw net inflows of $188.3 million, reflecting growing investor enthusiasm.

🌐 Upcoming ETH ETF Launch & Buterin's Proposal for Faster Transactions 🌐
The launch of spot ETH ETFs is expected to bring in $1.4–$4.5 billion in inflows over the next six months. Also, Vitalik Buterin has proposed a new method to accelerate transactions on Ethereum through a single-slot finality (SSF) system. Is Ethereum poised to take the lead in the blockchain sprint with this latest innovation?

🛡️ New Solana ETF Filings, IRS Crypto Reporting Requirements & SEC Action Against Consensys 🛡️
21Shares filed for a Solana-based ETF, following VanEck's similar filing. Meanwhile, the IRS introduced new regulations requiring cryptocurrency brokers to file 1099 forms starting in 2025 and track the cost basis for customers' tokens beginning in 2026. Also, the SEC took action against Consensys for unregistered securities sales.

⛏️ Decrease in Bitcoin Miner Withdrawals ⛏️
Bitcoin miner withdrawals have decreased significantly, dropping by approximately 72% from the recent peak on June 29, when withdrawals reached 82,122 BTC. A stark decline in miner sales weighs in favor of Bitcoin, hinting that the floodgates may soon open for price gains if the market can absorb the remaining supply.

🔗 Get the inside story – see the full analysis here 🔗

Don’t miss out on the latest updates – stay tuned!

#GoMining #GoMarket #NFT #MarketReview

🚀 Wrapping Up the KuCoin AMA With GoMining! 🚀

🎙If you missed the event, you can listen to it.

📝 We'll soon provide a recap for those who prefer reading.

🎁 Now, it's time to announce our grand prizes!

Our speakers, GoMining CEO Mark Zalan & KuCoin Europe Business Dev Lead Dorian Vincileoni, have selected the winners who asked the best questions.

Here are our lucky winners:

🥇 1st Place: 400 GOMINING tokens + 1 NFT go to lvaro2978926383
🥈 2nd Place: 350 GOMINING tokens + 1 NFT go to MihanCryptoman
🥉 3rd Place: 300 GOMINING tokens + 1 NFT go to MichaleTic39798
🏅 4th Place: 250 GOMINING tokens go to PosadasSir
🏅 5th Place: 200 GOMINING tokens go to AllenjBig
🏅 6th Place: 150 GOMINING tokens go to marcosanf4p
🏅 7th Place: 100 GOMINING tokens go to otteo_teotto
🏅 8th Place: 100 GOMINING tokens go to Peukiii
🏅 9th Place: 75 GOMINING tokens go to AavoKask
🏅 10th Place: 75 GOMINING tokens go to bitcoinking100


🏆 Winners, please contact us on X (formerly Twitter) to confirm your KuCoin UID and GoMining ID.

🚀 Thanks to our speakers, participants, and listeners! Join us for future events and more chances to win great prizes.

#KuCoin #GoMining #AMA #Giveaway

GM! ☀️

Down markets are part of the journey. Keep your eyes on the prize, GoMining fam! 🎯

Best analysis and insights (July 1-7)

🔗 CryptoSlate dives deep into the roles of long-term and short-term Bitcoin holders, exploring their significant impacts on the Bitcoin ecosystem.

🔗 Bitcoin Magazine begins a series on how financial surveillance threatens democracies, emphasizing the lack of evidence supporting the need for such measures in the Bitcoin space.

🔗 Crypto advocates see legislative wins from Louisiana to New Hampshire, indicating a positive direction for crypto regulations at the state level.

🔗 Blockworks discusses the MiCA framework, noting it as a step forward but critiquing the current stablecoin restrictions.

🔗 An increasing number of companies are adding Bitcoin to their treasuries, signaling confidence in its long-term value.

🔗 Coindesk examines the rationale behind the growing popularity of crypto index funds, highlighting their appeal to investors.

🔗 Bitcoin Magazine continues its analysis on the encroachment of financial surveillance, detailing the ongoing concerns in the second part of the series.

🔗 The Block recaps a pivotal six months for the crypto markets, marked by the introduction of Bitcoin ETFs and the influence of the U.S. presidential election.

🔗 Bitcoin Magazine reviews the Federal Reserve and Custodia Bank's legal confrontation, focusing on the constitutional implications in the Custodia case.

#MarketReview

Crypto World Highlights for July 8th

-Market Movements and Investment Trends

Bitcoin traders are hopeful as BTC price bounces 9% from recent lows to revisit $58,500, though maintaining higher levels remains a challenge for bulls.

Ethereum is showing signs of becoming scarcer than Bitcoin, as the divergence between these two assets on exchanges tightens.

-Innovations and Developments in Cryptocurrency

Tron is set to develop gasless stablecoin transfers by Q4, which would allow the transfer costs to be covered by the stablecoins themselves.

Bitcoin mining difficulty has dropped to its lowest level since March, offering relief for large mining firms as the price tops $57K.

-Regulatory and Legislative Actions

The Governor of North Carolina vetoed a bill that would block the introduction of federal CBDCs, emphasizing the need for federal standards and safeguards.

-Token Unlocks and Market Liquidity

Several significant crypto projects will unlock tokens worth $350 million throughout July, impacting projects like Worldcoin, XAI, Arbitrum, and Aptos.

-Speculation and Market Sentiment

The dark side of memecoins is highlighted as they reach record highs but raise fears of rug pulls and market manipulation, influenced by trends like the "Dogefather" effect.

-Political Betting in Cryptocurrency Circles

Crypto Twitter sees significant betting on the political future of the U.S. President, with polymarket gamblers and crypto enthusiasts speculating on election outcomes.

#GoMining #MarketNews

🔎 #MiningTrends: Argentina's Rise as a Bitcoin Mining Powerhouse

Argentina is fast becoming a hotspot for Bitcoin mining due to its lower energy costs and favorable tax conditions, particularly in the Zapala special economic zone in Neuquén province.

🌍 A joint venture between Brazilian and Argentine companies will launch a sustainable mining project this October in Neuquén. Led by Zapala Mining and Patagonia 360, the initiative will use advanced ASIC technology and repurpose gases from Vaca Muerta for energy, ensuring a reliable supply while minimizing environmental impact.

📈 Starting with an 8 MW capacity, the project aims to expand to 100 MW by 2025 and 200 MW by 2026. Luis Pomata, CEO of Nano Mining Paraguay, notes that the capacity could reach up to 1,000 MW, surpassing a turbine's output from the Itaipú hydroelectric plant.

🌿 Located in a free zone, the project enjoys significant fiscal benefits, like import tax exemptions, leading to substantial savings. These advantages, along with Argentina's regulatory stability and low energy costs, are drawing more investment to the region.

🔄 For those looking to dive into sustainable Bitcoin mining, GoMining offers NFTs that provide access to real mining power. Start your mining journey and discover more at 👉 gomining.com

#GoMining #CryptoNews #BitcoinMining

GOMINING Tokens Now Available on HTX🚀

Hey GoMiner!👋

You can now trade GOMINING tokens on HTX.

🚀Our listing on HTX is one more step toward greater availability, liquidity, and increased use of our token.

💎Demand for our token is driven by the growth in TH purchases, while the deflationary design of our tokenomics ensures a decreasing supply.

🔥There's no place for s#tcoins here.

Celebrate with us and get rewarded!
To celebrate our listing, we're giving you the chance to claim your share of ~$100,000 in GOMINING tokens (300,000 tokens).

What you need to do:

1. Register 👉 here.

2. Pass KYC if you haven't done so yet.

3. Buy GOMINING tokens via CEX like HTX, Gate.io, MEXC, and others.

4. Withdraw your GOMINING tokens from the exchange to your GOMINING Virtual Wallet using Top Up in the app from July 9th until July 16th (12:00 PM UTC on both dates).

5. Hold them in your Virtual Wallet for 21 days.💎🙌

That's it! 🚀

You can check out the full promo rules and read the terms and conditions here.🔍

#GoMining #HTX #NFT

🌱 Despite Bitcoin's downward trend this week, GoMining is showing growth and is among the top gainers in cryptocurrencies over the past 7 days!

💪 Our constant drive for innovation and improvement of our product, as well as collaborations with distinguished partners, inspire us to be even more successful tomorrow than today. Add GoMining to your watchlist on CoinMarketCap and follow our progress!

👉 How to add GoMining to your Watchlist on CoinMarketCap:

1. Go to the GoMining page on CoinMarketCap.

2. On the GoMining page, click the "Add to Watchlist" button.

🙌 Thank you for your support, stay with us, and we will strive to reward your support in our upcoming contests! Stay tuned for updates.

#GoMining #GoMiningToken

🎙 Join the HTX x GoMining AMA Event!

Enter for a chance to win a share of $2,000! 🚀

Join us for an exclusive AMA session with HTX and GoMining to explore the evolution of the bitcoin mining industry and the revolutionary concept of Liquid Bitcoin Hashrate!

⏰ Date: July 10th, 2024 at 11 AM (UTС)

🎁 Steps to enter the giveaway!

1️⃣ Follow on X (formerly Twitter):
- @HTX_Global
- @GoMining_token

2️⃣ Retweet, Like, and Tag 2 Friends.

3️⃣ Set a reminder: HTX x GoMining AMA

4️⃣ Fill in the form: Google Form

🌐 Join us to celebrate GoMining getting listed on HTX!

#HTX #GoMining #AMA

Crypto World Highlights for July 9th

-Market Dynamics and Government Influence

Bitcoin's price has fallen over the past day amid selling pressure from German government exchange transfers and Mt. Gox payouts.

Retail Bitcoin holders are intensifying their accumulation amid the dip, demonstrating long-term confidence despite market fluctuations.

Bitcoin price disappoints with the weekly close, leading to accusations of a "dead cat bounce" from traders wary of new lows.

-Government Sales and Market Impact

Bitcoin drops as the German government unloads over $900M worth of BTC, with significant ongoing sales from seized assets.

-Institutional Investment Trends

Despite market panic, crypto investment products saw significant inflows last week, amounting to $441M.

-Corporate Strategies and International Purchases

Japanese company Metaplanet continues its strategy of Bitcoin accumulation, buying another ¥400 million worth, aiming to mimic MicroStrategy's approach as a treasury reserve asset.

-ETF Developments and Predictions

A Bloomberg analyst suggests July 18th as the probable launch date for an ETH ETF, amidst minor updates and amendments.

Cboe BZX filed forms for proposed Solana ETFs, with VanEck and 21 Shares as part of the regulatory approval process.

-Security Challenges and Regulatory Stance

Crypto exploits approach $1.4B for the year as hackers increasingly target centralized finance platforms, with a significant increase in stolen funds reported.

Messari's CEO declares a regulatory war on the SEC, accusing the commission's head of corruption and severing relations.

#GoMining #MarketNews

📢 Milestone Achieved: 60K GoMining Talk Members on Telegram! 🎉

Dear GoMining Community,

We're pleased to announce that we've reached an incredible milestone of 60,000 members on our Telegram chat, @GoMining Talk! 🚀 This achievement is a testament to the unwavering support and enthusiasm of our amazing community.

We couldn't have done it without each and every one of you. Thank you for being part of our journey and for helping us grow.

Stay tuned for more exciting updates, news, and innovations. The best is yet to come! 🌟

#GoMining #60kMembers #ThankYou #CryptoCommunity

🎉 A huge congratulations to our latest weekly raffle winner, Lems34!

🔑 You've earned an exclusive key to GoMiners Avatars, significantly boosting your mining operations. These premium avatars are designed to maximize your efficiency and performance.

💎 Want to enhance your mining potential? Join our raffle by following these steps:
1️⃣ If you don’t have an NFT yet, now is the perfect time to get one;
2️⃣ Invest a minimum of $10 to upgrade your digital miner’s power and efficiency.

☑️ Each $10 spent on upgrades not only improves your mining capabilities but also increases your chances of winning. This week’s winner, Lems34, had a winning probability of just 0.009%, showing that anyone can win.

🗓 Mark your calendars: the next draw will conclude on July 16th. Keep upgrading your setup to improve your chances of winning.

🍀 Best of luck to all participants in the upcoming draw!

#GoMining #NFT #WeeklyRaffle

🔄 Wrapping Up the 46th Burn & Mint Cycle!

🔥 2,604,736 GOMINING tokens were burned;
🔨 2,161,931 GOMINING tokens have since been minted.

They were allocated as follows:

⚡️ 1,405,255 to the Service Provider;
🔒 432,386 to the owners of veGOMINING votes;
🪙 216,193 to GoMining Rewards;
👥 108,097 to the GoMining team.

The voting results for the 47th cycle are:

📌 Extra Solo mining discount is 1.74%;
📌 Pool mining multiplier is 1.01х;
📌 The Greedy Machines power has increased by 0.13% for each NFT sold from this collection.

🎊 Access Your Weekly Perks!
Make sure your GOMINING tokens are secured in veGOMINING - My Lock section to start receiving your consistent rewards.

🤝 Enhance Your Savings:
Apply your GOMINING tokens for NFT upkeep to obtain a 10% reduction in electricity expenses and increase your weekly rewards!

Discover how to leverage these advantages here 👉 https://help.nft.gomining.com/instructions/how-to-get-a-maintenance-discount

#GoMining #NFT #BurnMint

Crypto World Highlights for July 10th

-Bitcoin Price Trends and Predictions

Bitcoin price has dropped to a worrying low, leading some traders to question the continuation of the bull market.

Bitcoin dips below the 200-day SMA, a movement that has historically indicated potential upcoming bullish phases.

Despite negative impacts from German sales and Mt. Gox reimbursements, macro factors in traditional markets still point to a positive outlook for Bitcoin.

-Market Dynamics and Regulatory Insights

Discussion around whether Federal Reserve rate cuts are bearish for risk assets continues, with varying opinions in financial circles.

Drop in bitcoin mining difficulty likened to the FTX collapse, significantly affecting miners' profitability.

-Innovations and Government Involvement and Upcoming Financial Instruments

The U.S. Armed Services is exploring blockchain for enhancing cryptographic integrity in defense, highlighting the technology's potential security applications.

Australia's largest stock exchange approves its second Bitcoin ETF, signaling increased institutional acceptance.

Regulatory developments still pending before spot Ether ETFs can begin trading, potentially launching soon.

-Legal and Ethical Concerns and Global Market Threats

FTX executives who testified against Sam Bankman-Fried are set to be sentenced this fall, closing a significant chapter in the FTX saga.

Doja Cat's X social media account was hacked, used to promote a now-collapsed token, raising concerns about cybersecurity in crypto promotions.

Beyond Germany, the 190,000 BTC seized by China poses a significant threat to the Bitcoin market, possibly affecting global prices and market stability.

#GoMining #MarketNews

KuCoin and GoMining AMA Rewards Distributed!

We're excited to announce that the rewards for those whose questions were selected as the best and who provided us with their KuCoin and GoMining UIDs have been distributed! 🎉

Congratulations to the winners:

KuCoin UID: 27468027
GoMining UID: 1362

KuCoin UID: 73096839
GoMining UID: 1988719

KuCoin UID: 211908802
GoMining UID: 1307433

KuCoin UID: 212023028
GoMining UID: 102282

KuCoin UID: 212636086
GoMining UID: 1089122

Thank you all for your participation and insightful questions. Stay tuned for more exciting events and opportunities! 🚀

For those who missed the AMA or want a recap, you can read all about it 👉 here.

#GoMining #KuCoin #CryptoCommunity #Rewards #AMARecap

🚀GoMining & HTX Live🚀

Join us LIVE on #HTX, Friday the 12th for exclusive insights into the future of bitcoin mining and discover how @GoMining_token is changing the game.

✅ Follow:
@GoMining_token & @HTXCommunity & @HTX_Live

🔁 RT + Tag 2 friends
📺 Subscribe and get your #airdrops: HTX Live

Don't miss out on this incredible opportunity to learn, engage, and earn! 🌟

#GoMining #HTXLive #Bitcoin #AMA #CryptoRevolution