🎁 OKX Exchange to Distribute up to 1.65 Billion X Tokens

✔️ Preparation:
1. Register via the link - OKX
2. Complete Level 1 verification
3. Click the registration button in the promo

✔️ Campaign 1 - Trade and Earn: Prize Pool up to 1.65 Billion X

1. Make a net deposit of at least 100 USDT
2. Trade X Empire pairs for at least 300 USDT (starting from October 24, 2024)
3. Link your X token airdrop to OKX via the Empire app in Telegram

📆 Registration ends in: 15 days, 7 hours, 40 minutes, and 47 seconds

✔️ Campaign 2 - Prize Pool of 180 Million X and 50,000 USDT

🟢 Earn 60,000 X by completing tasks:

1. Achieve a trading volume of 500 USDT in X/USDT pairs
2. Reach a trading volume of 5,000 USDT in X/USDT pairs
3. Reach a trading volume of 15,000 USDT in X/USDT pairs

🟢 Earn 40 USDT by completing tasks:

1. Make your first deposit
2. Complete your first trade
3. Reach a trading volume of 30,000-100,000 USDT on any trading pairs

📆 Promotion period: 09:00 UTC, October 24, 2024 — 08:59 UTC, November 24, 2024

🇩🇰 Denmark is considering introducing a 42% tax on unrealized gains from cryptocurrencies

🔜 In early 2025, Denmark's Tax Law Council will propose a bill to tax unrealized cryptocurrency gains based on the mark-to-market principle, requiring annual payments on revaluations even without asset sales. Crypto service providers will need to report client transactions. The Council acknowledged challenges due to the decentralized nature of crypto assets
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🔥 Weekly Infographic: Current Market Overview
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📈 Demand for U.S. spot Bitcoin ETFs has reached a 6-month high.

Over the past 30 days, the net inflow has totaled 64,962 BTC
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💃 Be one of the first to register! Soon will be second wave of early users

👾 BigPump (the new memepad from PocketFi) was unexpectedly launched for a small group of people for testing

JOIN CLOSE BETA 👉 @BigPump
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🔥 Hot Wallets: How Do They Work?

Hot wallets are crypto wallets that are constantly connected to the internet, making them convenient for fast transactions and frequent usage. They allow users to send and receive crypto easily, often providing access to a range of blockchains and decentralized applications (dApps). However, this constant internet connection makes hot wallets vulnerable to hacking and phishing.

✌ Hot wallets come in two main types: custodial and non-custodial. Each offers its own features and levels of control over your crypto assets. Let’s explore each. 😏

👛 Custodial vs. Non-Custodial Hot Wallets

🟢 Custodial Wallets:
With custodial wallets, a third party (e.g., exchanges like Bybit, Binance, Coinbase) manages your private keys. This setup is user-friendly, particularly for beginners, since there’s no need to worry about securing keys. However, you don’t have full control over assets, and if the exchange is hacked, as in the infamous Mt.Gox breach where over 850,000 $BTC were lost, you could lose your funds.

💎 An example of a custodial wallet is Telegram Wallet, which sparked a "boom" by integrating crypto transactions directly into the messenger, simplifying crypto management for a broad audience and allowing users to send and receive assets like $TON directly in Telegram ✉

🟢 Non-Custodial Wallets:
Non-custodial wallets let users control their own private keys, which increases security since only the user has access to their funds. However, losing the private keys means there’s no way to regain access.

🔝 Popular Non-Custodial Wallets:

1⃣ MetaMask — 30 million active users

➕ Pros:
⚫Ideal for dApps, DeFi, and NFTs on Ethereum and EVM-compatible networks.
⚫Easy to set up on both browsers and mobile.
⚫Full control over private keys.
Cons ➖:
⚫Only supports EVM-compatible networks.
⚫Susceptible to phishing, especially with browser integration.

2️⃣ Trust Wallet — 10 million active users

➕ Pros:
⚫Supports over 65 blockchains and thousands of tokens.
⚫Built-in staking and dApp browser.
⚫️User-friendly mobile interface.
➖ Cons:
⚫No desktop version, mobile-only.
⚫No two-factor authentication for added security.

3️⃣ Atomic Wallet — 5 million active users

➕ Pros:
⚫Supports over 500 cryptocurrencies and tokens.
⚫Built-in staking and asset exchange.
⚫Available on both mobile and desktop.
➖ Cons:
⚫No two-factor authentication.
⚫Constant internet connection increases vulnerability to online attacks.

4️⃣ Exodus — 2 million active users

➕ Pros:
⚫User-friendly, intuitive interface.
⚫Supports 100+ cryptocurrencies with built-in exchange.
⚫Integrates with hardware wallets (e.g., Trezor) for extra security.
➖ Cons:
⚫Lacks two-factor authentication.
⚫Built-in exchange fees may be higher than exchanges.

📌 Summary:

Hot wallets are great for frequent use and fast transactions but can be vulnerable to attacks. Choosing between custodial and non-custodial depends on your need for control and security: custodial wallets are beginner-friendly, while non-custodial wallets suit those who value full control over assets.

Which wallet do you use? I’m answering all your comments below! 👇
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🪙 Bitcoin started the workweek with a rise above $68,000 📈

😎 The BTC price has returned to Friday, October 25th levels, recovering the weekend’s losses
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🇯🇵 Japanese institutions are joining forces to launch a BTC and Ethereum-based ETF

💪 This group includes Mitsubishi UFJ Trust and Banking Corp, major brokerages like Nomura and Daiwa Securities, and crypto exchanges bitFlyer and Bitbank
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🥶 COLD WALLETS

Cold wallets like Ledger, Trezor, SafePal, and ELLIPAL are designed for long-term crypto storage. These wallets are ideal for securing large amounts of cryptocurrency that you don’t plan to use frequently. Let’s dive into the top models! 🙂

✔ Let’s review some of the most popular models

1. Ledger — a leader in the hardware wallet market. Released in 2016, the Ledger Nano S became one of the most popular devices for securely storing cryptocurrency. The Ledger Nano S Plus and Nano X offer improved features, like support for more cryptocurrencies and enhanced interfaces.

Models: Ledger Nano S, Ledger Nano S Plus, Ledger Nano X

Statistics: Ledger has sold over 6 million devices worldwide, becoming one of the largest suppliers of cold wallets.

➕Pros:
High security: private keys never leave the device.
Broad asset support: over 5,500 cryptocurrencies.
Bluetooth (Nano X): convenient for mobile users.
🔤Cons:
Price: starting at $59, with the Nano X model priced around $149.
Limited memory (Nano S): doesn’t allow storing many applications at once.

2. SafePal offers affordable cold storage solutions popular among users for their low price and high security.

Models: SafePal S1, SafePal X1, SafePal S1 Pro

Statistics: SafePal has over 15 million users globally, with active support from Binance and high mobile app download volumes.

➕Pros:
Affordable price: SafePal S1 costs around $50.
Broad token support: over 30,000 tokens and 100+ blockchains.
Fully offline: operates without internet and Bluetooth.
Bluetooth (X1): Unlike S1, SafePal X1 supports wireless connectivity, making it more convenient for mobile users.

🔤Cons:
Price: SafePal X1 is more expensive than S1 but remains affordable compared to Ledger and Trezor models.

3. Trezor was one of the first on the cold wallet market. Model One is a basic version, while the Model T offers a touchscreen and additional security features.

Models: Trezor Model One, Trezor Model T

Statistics: Trezor has sold over 1 million devices. These wallets are widely used for their openness and reliability.

➕Pros:
Open-source: actively supported and audited by the developer community.
High security: supports mnemonic phrases for recovery.
DeFi and dApp support (Model T).

🔤Cons:
Price: Model T costs around $219, higher than the market average.
Limited token support (Model One): supports fewer tokens compared to competitors.

4. ELLIPAL is distinguished by its full network isolation (air-gapped) — the device works via QR codes and never connects to the internet, making it one of the most secure solutions for cold storage.

Models: ELLIPAL Titan, ELLIPAL Titan Mini, ELLIPAL Titan 2.0

Statistics: ELLIPAL is quickly gaining popularity, nearing 1 million users.

➕Pros:
Fully autonomous: doesn’t connect to networks, USB, or Bluetooth.
High security: metal casing and anti-tamper protection.
Staking and DeFi support.

🔤Cons:
Bulkier: ELLIPAL Titan is larger and heavier than other wallets.
No Bluetooth or USB: some users may find this less convenient.

➡ For the TON blockchain, options for cold storage are available. Two of the most popular hardware wallets already support the TON blockchain — Ledger and SafePal.

ℹ While cold wallets are nearly immune to hackers, they’re vulnerable to other risks like physical loss of the device or forgetting the recovery phrase. Statistics show that over 20% of all Bitcoins are irretrievably lost due to lost keys and recovery phrases.

✔ A solution is to create backups and store recovery phrases in secure locations, such as bank vaults or encrypted USB devices.
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🚀 Bitcoin has reached $71,000 for the first time since early June!

Waiting for a new ATH 🫠
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🤪 BigPump has launched its third wave!

Now’s your chance to join the last growth wave and boost your earnings with referral commissions

🌍 The highest rates are available now

1️⃣ 30% from your friend’s payments
2️⃣ 7% from your friend’s friend’s payments
3️⃣ 3% from payments at the third level

👋 JOIN THE THIRD WAVE
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📈 Large Inflows Continue into Bitcoin ETFs

At the close of yesterday's trading session, inflows amounted to $479 million. No inflows were reported for Ethereum ETFs
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🇧🇹 The Government of Bhutan Sells Bitcoin!

In the last hour, Bhutan transferred 929 BTC (worth $66 million) from its wallets to Binance. Currently, they still hold 12,456 BTC (about $886.8 million) on their balance.

Paper hands? 👀
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🚀 Yesterday, Bitcoin surged past $73,000, coming within $200 of a new all-time high!

🔥 Although a slight correction has followed, a new ATH could be on the horizon today. (Binance’s current ATH is $73,777)

Meanwhile, the Fear & Greed Index has spiked to 77, entering “extreme greed” territory! Looks like everyone’s in buy mode! 😃
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⚠️ Event: U.S. Election 2024: Predict & Share 100,000 USDT!

Click
🔗 Event link

🌍 Event eligibility: both new and old users are welcome

🚀 How to Join?
1. Register on BingX ✖️
2. Complete the tasks to earn vote entries.
3. Cast your vote for the presidential candidate you support.
4. Users with correct prediction will share up to 100,000 USDT 🪙 prize pool.

⏰ Event Period: 2024-10-28 00:00 to 2024-11-04 23:59 (UTC+8)

💲 The total capitalization of stablecoins currently amounts to $172 billion.

💵 Tether dominates among all stablecoins with a market share of 69.7%.

The absolute peak of capitalization was in April 2022, reaching $188 billion.
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↔️ Trade on Bitget with hot futures trading pairs: SCR, X, GOAT, win a share of $15,000 🪙 airdrop!

Rewards and Rules:

1. New Users Bonus: Sign up on Bitget and complete the following:
- Make your first deposit of at least $100 (keep it in your asset at least 72 hours).
- Make your first futures trade of at least $100.

💰 Rewards are stackable! Total Prize Pool: $5,000

2. Hot Futures Trading Pairs: During the event, users trading any of the following popular futures pairs will receive airdrops based on their futures trading volume: SCR, X, GOAT

💰 Rewards are stackable! Total Prize Pool: $5,000

3. Total Trading Volume Rewards: Accumulate the following total trading volume (including spot and futures trading) to earn random airdrop rewards:
- Total trading volume of $500,000: $30 random token airdrop
- Total trading volume of $800,000: $50 random token airdrop
- Total trading volume of $1,000,000: $70 random token airdrop
- Total trading volume of $2,000,000: $100 random token airdrop

💰 Total Prize Pool: $5,000 – First come, first served!

⏰ Event Period: October 30, 10:00 AM - November 16, 10:00 AM (UTC)

MicroStrategy Plans a Massive $42B Bitcoin Purchase! 💰

🪙 The corporate giant and largest BTC holder, MicroStrategy, announced its plan to raise $42 billion for Bitcoin purchases over the next three years. They’ve already accumulated 252,220 BTC (valued at around $18 billion) at an average price of $39,266 per coin.
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