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Getgems bets on Telegram for NFT adoption, OpenSea airdrop backlash: Nifty Newsletter

Getgems, a leading NFT marketplace, is making bold moves in the world of non-fungible tokens (NFTs). With the recent surge in popularity of NFTs, Getgems is betting on the future of this asset class and is confident that it will continue to gain traction in the coming years.

NFTs, or non-fungible tokens, are unique digital assets that are verified on a blockchain. They can represent anything from digital art and collectibles to virtual real estate and even tweets. The value of NFTs lies in their scarcity and authenticity, making them highly sought after by collectors and investors.

Getgems is positioning itself as a leader in the NFT market, with a focus on the popular messaging app Telegram. The marketplace believes that Telegram, with its large user base and strong community, will be a key driver in the adoption of NFTs in the future. In fact, Getgems is predicting that by 2025, Telegram will be a major player in the NFT space, driving significant growth and interest in the asset class.

But Getgems isn’t just waiting for the future to arrive. The marketplace is actively working to expand its offerings and attract more users to the world of NFTs. With a user-friendly platform and a wide range of NFTs available, Getgems is making it easy for anyone to get involved in this exciting and rapidly growing market.

In addition to its focus on Telegram, Getgems is also exploring partnerships and collaborations with other platforms and artists to further promote the adoption of NFTs. By creating a diverse and dynamic marketplace, Getgems is positioning itself as a one-stop-shop for all things NFTs.

So, whether you’re a seasoned NFT collector or just starting to dip your toes into this new and exciting world, Getgems is the place to be. With its forward-thinking approach and dedication to the growth of NFTs, Getgems is paving the way for a future where NFTs are a mainstream asset class. Don’t miss out on the opportunity to be a part of this revolutionary movement – join Getgems today and start exploring the world of NFTs.

CME to launch options on Bitcoin “Friday” futures

The United States futures exchange is set to introduce a new and innovative way for retail investors to manage their risk associated with Bitcoin’s volatility. This exciting development will provide a much-needed solution for those looking to enter the world of cryptocurrency trading without the added stress of managing the unpredictable fluctuations of Bitcoin’s value.

The new offering, which will be available to retail investors, is a cash-settled tool that will allow individuals to hedge their positions and protect themselves against potential losses caused by Bitcoin’s volatility. This means that investors will no longer have to worry about the extreme price swings that have become synonymous with the cryptocurrency market.

This move by the US futures exchange is a significant step towards making Bitcoin and other cryptocurrencies more accessible to the general public. With the growing interest in digital assets, it is crucial to provide retail investors with user-friendly tools that can help them navigate the often complex and volatile world of cryptocurrency trading.

The cash-settled tool will also provide a level of stability and security for retail investors, as it eliminates the need for them to physically hold Bitcoin. This removes the risk of potential theft or loss of their digital assets, which has been a major concern for many individuals looking to invest in cryptocurrencies.

Moreover, this new offering will also open up opportunities for retail investors to participate in the futures market, which was previously only accessible to institutional investors. This democratization of the futures market will not only provide more options for retail investors but also contribute to the overall growth and stability of the cryptocurrency market.

In conclusion, the US futures exchange’s decision to introduce retail-friendly, cash-settled tools for managing risk tied to Bitcoin’s volatility is a game-changer for the cryptocurrency industry. It will not only make Bitcoin more accessible to the general public but also provide a much-needed solution for managing risk in this ever-evolving market.

Trump expands crypto footprint, gives memecoin utility for merch purchases

President Trump is known for his bold and unconventional approach to business, and his latest move is no exception. In a surprising move, the former president has announced that he will be accepting his own official memecoin, TRUMP, as a form of payment for merchandise in his business empire.

This decision marks a significant step towards the mainstream adoption of cryptocurrency, as Trump’s businesses include a wide range of products and services, from luxury hotels to golf courses. By accepting TRUMP as a form of payment, the former president is not only showing his support for the digital currency, but also opening up new opportunities for its use.

TRUMP, which was launched in 2020, has gained a cult following among supporters of the former president. The coin, which is based on the Ethereum blockchain, features Trump’s face on one side and the American flag on the other. It has seen a surge in value since its launch, with many investors seeing it as a symbol of their loyalty to Trump.

With this latest move, Trump is not only embracing the world of cryptocurrency, but also tapping into the power of memes and internet culture. The use of memes has become a popular marketing strategy in recent years, and Trump’s decision to accept his own memecoin as a form of payment is a clever way to connect with his supporters and appeal to a younger audience.

This move also highlights the potential of cryptocurrency to revolutionize the way we do business. With its decentralized nature and low transaction fees, cryptocurrency offers a more efficient and secure way to make payments. By accepting TRUMP, Trump’s businesses are not only keeping up with the times, but also setting an example for other businesses to follow.

In conclusion, President Trump’s decision to accept his own memecoin, TRUMP, as a form of payment for merchandise is a bold and strategic move that showcases his support for cryptocurrency and his understanding of the power of memes. It also highlights the potential of cryptocurrency to transform the way we do business in the future.

Bitcoin sellers wait at $104K as Fed faces Trump rates pressure at FOMC

As the world of cryptocurrency continues to evolve and gain mainstream attention, one factor that often affects its value is the actions and statements of influential figures. Recently, the focus has been on the impact of President Donald Trump’s interest rate demands on the Federal Reserve and how it may affect the price of Bitcoin.

For those unfamiliar, the Federal Reserve is the central banking system of the United States, responsible for setting interest rates and controlling the supply of money. President Trump has been vocal about his desire for the Fed to lower interest rates, claiming it would stimulate economic growth. However, the Fed has remained firm in its stance to maintain current rates, citing concerns about inflation and economic stability.

So, what does this have to do with Bitcoin? Well, as a decentralized digital currency, Bitcoin is not directly affected by traditional economic factors like interest rates. However, the cryptocurrency market is highly influenced by investor sentiment and external events. With President Trump’s demands potentially causing uncertainty and volatility in the stock market, some Bitcoin traders are closely monitoring the situation and its potential impact on the value of the digital asset.

On one hand, a more hawkish Fed could lead to a stronger US dollar, which could potentially make Bitcoin less attractive to investors. On the other hand, if the stock market experiences a downturn, some investors may turn to alternative assets like Bitcoin as a hedge against traditional markets.

As with any market, it’s impossible to predict with certainty how the situation will unfold and what impact it will have on Bitcoin. However, it serves as a reminder that the cryptocurrency market is not immune to external factors and that staying informed and adaptable is crucial for traders and investors.

In conclusion, the ongoing debate between President Trump and the Federal Reserve has caught the attention of Bitcoin traders, who are closely monitoring the situation and its potential impact on the digital asset’s value. As the market continues to mature, it’s important to consider all factors that may affect the price of Bitcoin and make informed decisions based on a combination of technical analysis and external events.

Coinbase deepens ties to Trump with advisory council pick

In a surprising turn of events, the world of cryptocurrency has been thrust into the political spotlight once again. It has been reported that Brian Armstrong, the CEO of Coinbase, recently met with US President Donald Trump to discuss personnel matters. And now, just weeks after this meeting, it has been announced that the president’s co-campaign manager, Jeff Miller, will be joining Coinbase’s advisory council.

This news has sent shockwaves through the crypto community, with many speculating about the potential implications of this partnership. Some are questioning the motives behind Miller’s involvement with Coinbase, while others are excited about the potential for increased government support and regulation in the industry.

For those unfamiliar with Coinbase, it is one of the largest and most well-known cryptocurrency exchanges in the world. With over 35 million users and billions of dollars in transactions, it has become a major player in the crypto market. And now, with Miller’s expertise and connections in the political realm, it seems that Coinbase is poised for even greater success.

But what does this mean for the future of cryptocurrency? Some experts believe that Miller’s involvement could lead to increased government oversight and regulation, which could potentially bring more legitimacy and stability to the industry. Others are concerned that this could stifle innovation and hinder the decentralized nature of cryptocurrency.

Regardless of the potential outcomes, one thing is for sure: the partnership between Coinbase and Miller is a significant development in the world of cryptocurrency. It highlights the growing influence and recognition of this emerging market, and raises important questions about the role of government in regulating it.

Only time will tell how this collaboration will unfold and what impact it will have on the crypto landscape. But one thing is certain: the eyes of the world will be watching as Coinbase and Miller work together to navigate the ever-evolving world of cryptocurrency.

Digital Currency Group spins out new crypto mining subsidiary

Foundry, a subsidiary of Digital Currency Group, recently announced the spin-off of its mining division, Fortitude Mining. This move comes as no surprise, as Foundry has been steadily expanding its operations and investing in new mining facilities. However, even with the spin-off, Foundry remains the largest Bitcoin mining pool, controlling over 30% of the network’s hashrate.

The decision to spin off Fortitude Mining was made in order to allow Foundry to focus on its core business of providing institutional mining services. With the increasing demand for Bitcoin mining, Foundry has been actively investing in new facilities and expanding its operations. This has allowed them to maintain their position as the leading mining pool, despite the spin-off.

One of the key factors contributing to Foundry’s success is its state-of-the-art mining infrastructure. The company has strategically located its facilities in areas with low energy costs, allowing them to operate at a lower cost than their competitors. This, combined with their advanced mining equipment, has enabled Foundry to maintain a competitive edge in the industry.

In addition to their mining operations, Foundry also offers a range of services to institutional clients, including hosting, financing, and equipment procurement. This has made them a one-stop-shop for institutions looking to enter the Bitcoin mining space. With the recent surge in Bitcoin’s price, more and more institutions are looking to get involved in mining, and Foundry is well-positioned to cater to this growing demand.

Despite the spin-off of Fortitude Mining, Foundry remains committed to supporting the Bitcoin network and contributing to its security and decentralization. As the largest mining pool, they play a crucial role in maintaining the network’s stability and ensuring its continued success. With their continued growth and investment in the industry, Foundry is set to remain a dominant force in the world of Bitcoin mining.

Trump Media partners with Charles Schwab, expands into crypto financial services

The world of cryptocurrencies has been buzzing with the recent news of the US president and his associates launching a new platform called Truth.Fi. This move marks yet another step towards embracing the world of digital currencies and blockchain technology.

The platform, which was recently revealed, aims to provide a secure and transparent way for individuals and organizations to share and verify information. With the use of blockchain technology, Truth.Fi ensures that all data is tamper-proof and cannot be altered or manipulated.

But what does this mean for the world of cryptocurrencies? Well, it’s a clear indication that even the highest levels of government are recognizing the potential and importance of this emerging technology. And with the involvement of the US president and his associates, it’s safe to say that the future of cryptocurrencies is looking brighter than ever.

One of the key features of Truth.Fi is its focus on transparency. In a world where fake news and misinformation are rampant, this platform aims to provide a reliable source of information that can be verified by anyone. This not only benefits individuals but also has the potential to revolutionize the way organizations and governments share information.

But that’s not all, the platform also has its own cryptocurrency, called TruthCoin, which will be used as a means of exchange within the platform. This further solidifies the role of cryptocurrencies in our society and highlights their potential to disrupt traditional financial systems.

The launch of Truth.Fi is a clear indication that the world of cryptocurrencies is here to stay and will continue to evolve and innovate. With the involvement of influential figures like the US president, we can expect to see more developments and advancements in this space in the near future. So, keep an eye out for Truth.Fi and the impact it will have on the world of cryptocurrencies.