Crypto News: BTC, GameFi, FTX Repayments, ETH, FBI Token & More!
Published: 2024-10-14
Status:
Available
|
Analyzed
Published: 2024-10-14
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
FTX creditors will receive 120% of their claims, paid out over 60 days, once a date is disclosed. This implies a 20% gain on their claim value.
"98% of creditors will get 120% of their claims so basically a 20% gain on their claims and will PA out over 60 days once the date has been disclosed."
Pending
An estimated $2.4 billion from FTX repayments could be reallocated to crypto markets over several months, based on a33 Research analysis predicting 20-40% of eligible funds returning.
"a33 research released another report and this basically tried to break down and analyze how much could really find its way back into the crypto Market... between 20 to 40% take a median of 30% we're talking about 2.4 billion 2.4 billion being reallocated to the crypto markets or cryptos in general over you know a few months"
Pending
Successful GameFi adoption will come from games that prioritize gameplay first, with crypto and NFTs being ancillary features rather than a forced entry point for new users.
"people want to make it all about the game play and the game itself... you can't necessarily onboard new users into gamey if you're trying to force nfts and crypto down their throats you want a game that they'd want to play separate from the component of crypto and the crypto being ancillary to it"
Pending
The game 'Off the Grid' reached the number one spot for free games on the Epic Games Store, indicating significant traction and interest.
"it's already like what it's above fortnite in the epic game store... it got to the number one spot on the epic game for for free games"
Pending
US law enforcement agencies, including the FBI and SEC, successfully used a 'honey pot' token (Next Fund AI) to entrap and charge market manipulators, demonstrating effective investor protection.
"the FBI was involved obviously they were the ones who created this next fund AI project the SEC was involved as well... this is the sort of stuff the SEC should be doing this is protecting investors this is what it's all about like protecting investors from these sort of predatory entities who are just rinsing the making making the crypto Market a worst place for everyone else"
Pending
Proposed EIP-7781 aims to reduce Ethereum block times from 12 to 8 seconds, which would result in a 50% increase in throughput and a 33% increase in speed.
"there's a new EIP being proposed EIP 7781 and this is aiming to reduce block times from 12 seconds to eight so basically you know basically speeding up the network yeah exactly so inre in um so obviously increase in throughput by 50% and increase in speed by 33%"
Pending
Reducing Ethereum's slot times via EIP-7781 is predicted to make DEXes like Uniswap 1.22 times more efficient and save approximately $100 million in MEV revenue annually by reducing arbitrage and MEV attacks.
"reducing the slot times you're reducing the opportunity for Arbitrage between dexes and Sexes it makes Dex way more efficient you're also reducing me attacks yeah yeah okay so you got like 100 Mill you're saving about 100 million in me Revenue that could have been that's been taken from retail and then you get it's making the dexes like Unis swap like almost one point he he calculated 1.22 times more efficient"
Pending
Vitalik Buterin has discussed reducing the requirement for running an Ethereum validator from 32 ETH down to as low as 1 ETH in the future, which would significantly boost decentralization.
"vitalic talking about dropping that number until eventually we get to to one so you can you might in theory one day be able to run an eth validator just with one one eth"
Pending
Uniswap has launched its own Layer 2 solution, a 'Uni chain,' which is expected to generate $368 million annually for Uniswap Labs and UNI holders by driving demand for the UNI token.
"Uniswap has just launched its own Layer Two... this will be a uni chain a separate layer one I think built on Layer Two sorry and it will be built on and it will basically demand for uni token because you to utilize it so they say potentially generate 368 million annually for uniop labs and uni holders"
Pending
Chinese authorities have seized approximately $1.3 billion worth of ETH from the Plus Token Ponzi scheme.
"up to $1.3 billion dollars worth of eth um seized from the plus token Ponzi by I think it's by Chinese authorities"
Pending
Retail investor ownership of cryptocurrency has sharply increased since 2020, with up to 30% in some regions now holding crypto assets.
"ownership among retail investors has Ren risen sharply since 2020 with up to 30% of retail investors in some regions now earning crypto"
Pending
A survey by Charles Schwab found that 62% of millennials plan to invest in cryptocurrency in the coming years.
"62% of them were planning to invest in crypto over the coming years"
Pending
The National Bank of Bahrain has launched a Bitcoin investment fund, providing institutional investors in the GCC region with exposure to Bitcoin.
"the National Bank of Bahrain has launched a Bitcoin investment fund now this is going to give exposure to institutional investors within the GCC which is the gulf cooperation Council"
Pending
The recent pump in Chiliz (CHZ) is likely driven by the upcoming 'fair launch' of Pepper, a new community coin on Chiliz, which CHZ holders will receive as an airdrop.
"Chili's ch z um now this pump is likely due to the launch of pepper this is a community coin on Chili's so basically chz holders um are going to be able to get an airdrop of this apparently it's having a fair launch this Peppa this pepper coin"
Pending
Approximately 2.56% of the Arbitrum supply will unlock on Wednesday, intended for investors and the team.
"on Wednesday we've got about 2.56% of the supply for arbitrum unlocking and this is going to invest as in team"
Pending
The Avalanche Latin America Summit will feature significant announcements, including the unveiling of 'Avalanche 9,000'.
"the Avalanche Latin America Summit is taking place... there are going to be a few big announcements as you would expect at one of these sort of crypto you know um Project Specific conferences Avalanche 9,000 is being announced"
Pending
US retail sales are projected to grow by 0.3% (up from 0.1%), and initial jobless claims are expected to decrease to 241k (from 258k), indicating continued US economic improvement and influencing potential Federal Reserve actions.
"US retail sales the previous was 0.1% growth month on month and now we're talking that the consensus is 0.3% so slightly improved Contin Improvement in the US economy and then just after that we got initial jobless claims again looking at the economic growth in the US and if there it's slowing down hasn't been slown down at all recently so it's all comes back to how the FED is going to react with these data 258k was the previous jobless number and the consensus is 241k"
Pending
China's Q3 GDP data, releasing on Thursday, will be a significant indicator of the economic situation in the region.
"the biggest data data release on Thursday is going to be China's Q3 GDP data so that's obviously all going to play into what the hell is going on in that part of the world"
Pending
The speaker believes the crypto community is no closer to identifying Satoshi Nakamoto, which they view as a positive outcome.
"I don't think we're any closer to finding Satoshi and that is certainly a good thing"
Pending
It is critical to never store seed phrases online or on computers; they should be written down on paper and kept in a highly secure physical location to prevent wallet draining.
"do not store your seed phrase online anywhere whether it's Google Drive whether it's even on your computer just in general just don't do it a seed phrase should be written down on a piece of paper and copied and kept in a very very safe place but please don't you know these these mistakes do happen"
Pending
Coin Bureau is launching a 'Coin Bureau South Asia' channel, rebranding an existing channel called 'Aad,' which will feature content in both Urdu and Hindi to reach a wider audience in the region.
"we are now also going to announce that we are launching a coin buau South Asia Channel which will be a rebranding of another Channel out there very creative called aad he's got a very strong strong Channel already a strong community and it is going to be a channel that is going to be in both Urdu and Hindi"
Pending
The resurgence of meme coins is partly a reaction against the venture capital-driven project model characterized by high fully diluted valuations and low circulating supply, where VCs profit at the expense of others.
"memes have sort of come again you know they've had a sort of resurgence in recent weeks and I think that is in large part a kind of reaction against this kind of VC this VC project meta this High float low fdv uh sorry high fdv low float meta which you know as you say is sort of VC's just profiting at the expense of everyone else"
Pending
A significant portion of the $84 trillion wealth transfer from Baby Boomers to Millennials is expected to be invested in cryptocurrency.
"this is part of um as you see that $84 trillion wealth transfer this is obviously the sort of gradual transfer of wealth over from Boomers um to uh to Millennials and it looks like some of that money is going to find its way into crypto"
Pending