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🦉 Traders Make $60k/wk Rugging 98% of Memecoins
Mt. Gox Transfers $855M in BTC to Unidentified Wallet, Senator Lummis Proposes U.S. Purchase of 5% BTC Supply, and more!
Traci Smith & Mike Cullison
August 21, 2024
GM 🦉 Welcome to Daily Gains, where we cover the good, the bad, and the ugly inside of the crypto world 👍
In Today’s Crypto World:
Senator Lummis Proposes U.S. Purchase of 5% BTC Supply 🇺🇸
How Traders Make $60k/wk Rugging 98% of Memecoins on Pump.Fun 😮
Mt. Gox Transfers $855M in BTC to Unidentified Wallet ‼️
Gainers & Newbies 👀
Wolverine Revenge #1 ❌
Bitcoin Hashrate 🔬
DEGEN PLAYS
GAINERS & NEWBIES 👀
*Market insights are updated daily.
VEVE & NFT
WOLVERINE REVENGE #1 ❌
CHART OF THE DAY
BITCOIN HASHRATE🔬
What Is Bitcoin Hashrate?
Bitcoin hashrate is a metric connected to the process of Bitcoin mining.
Bitcoin mining is the process of solving complex mathematical puzzles to be rewarded with bitcoin. The process of Bitcoin mining secures the network and also confirms that transactions on the blockchain are correct.
Mining hash rate is therefore a key security metric for Bitcoin. That is because the greater the levels of hashing power (can be thought of as computing power) that is operating on the network, the harder it would be for someone to overpower and attack the network.
OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS AIRDROP? 🔦
HOOT’S OF ENLIGHTENMENT
WHAT IS ARB? 💡
Arbitrum (ARB) is a layer-2 scaling solution for Ethereum, designed to improve the network's efficiency and reduce costs. Key points include:
1. Scalability: ARB significantly increases Ethereum’s transaction throughput, allowing for faster and cheaper transactions.
2. Security: It leverages Ethereum’s security while processing transactions off-chain, ensuring trustworthiness.
3. Compatibility: ARB is fully compatible with existing Ethereum smart contracts and dApps, making it easy for developers to migrate.
4. Decentralization: The Arbitrum network maintains decentralization, ensuring that no single entity has control.
These features make ARB an essential solution for scaling Ethereum, providing faster, cheaper, and secure transactions while maintaining compatibility with the broader ecosystem.
OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀
OWLGO’S LOLS
DAILYMEMES 🤣
Brought To You By: DailyGainsCrypto.com
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/