?What are the main differences between cryptocurrencies and stocks?➡️

Both cryptocurrencies and stocks can be used by investors to build wealth. Yet, investing in stocks is different from investing in crypto.
Unlike stocks, investment in crypto doesn’t come with ownership of a share of a company. Crypto investors also don’t receive dividends in the traditional sense. Instead, one can lend or stake their crypto tokens for passive income. 

➡️There are also major differences in how crypto and stocks are traded. You can buy crypto at any digital currency exchange at any time of day and night, while stock exchanges operate with limited opening hours on weekdays. 

?Next topic ?Should I invest in cryptocurrency or stocks?

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*?? JUST IN:* Japan’s FSA wants to align crypto tax rates with traditional financial assets.

The proposed 2025 reform could cut taxes on crypto profits from 55% to 20% and allow loss carryovers.

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? TON broke through the 1 million transaction mark

Rapid growth and millions of users' trust in the ecosystem gives growth, confidence and stability

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*?US BTC ETF funds own 84% of Satoshi Nakamoto's BTC*

According to Bloomberg analyst Eric Balchunas, funds could become the largest BTC owners by Halloween

As of August 28- US ETF BTC = 921,540 BTC

Flash Minting: The Future of DeFi Token Creation

In the fast-paced world of decentralized finance (DeFi), flash minting is a revolutionary smart contract functionality that redefines how tokens are created and used.

Unlike traditional minting, flash minting allows for the creation of tokens without the need for collateral. These tokens are generated temporarily to facilitate specific purposes and are designed to self-destruct at the end of the transaction.

The importance of flash minting lies in its ability to:

- Enhanced DeFi Capabilities
- Complex Financial Transactions
- Arbitrage Opportunities

The key feature of flash minting is the temporary existence of the minted tokens. These tokens must be used within the transaction they were created for and are destroyed immediately after, ensuring no lasting impact on the overall token supply.

While flash minting offers immense potential, it also carries risks and complexities.

Bitcoin's Coinbase premium hit a 39-day high as the price reclaimed $63K. The Coinbase Premium Index, which measures the gap between $BTC prices on Coinbase Pro vs Binance, reached 0.0114 - its highest since July 15. This suggests increased US investor demand.

The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.

Do you think $BTC will surge further this coming week?

? Yes

? No

Crypto speak: Gem
In crypto, a “gem” is a little-known token with a low market capitalization and great potential for price growth.

However, finding a gem is difficult. Not everything that has a small market capitalization is a profitable investment. More often than not, the market cap is small and the token is cheap simply because no one wants it!

But a real crypto gem can shoot up and grow in value by 10x or more.

Everyone wants to find a gem in the ocean of crypto, but few of them succeed)

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*❌Two major crypto hacks in one day - $40 million in losses.*

First, hackers breached the DeFi protocol of UwU Lend for $20 million. Attackers withdrew WBTC and DAI and then converted them to ETH.

Now UK cryptocurrency exchange Lykke has been hacked for $22 million.

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? Dynamics of outflows/inflows of funds in ETF-BTC

We have already recorded 19 consecutive days of net inflows - a record.

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The average profit of crypto investors in 2023 was $800.

CoinLedger analysts compared about 500,000 market participants from the United States, Australia, Canada, and other countries. They found that, on average, cryptocurrency investors made $888 per person in 2023, which is amazing since investors lost $7,102 in 2022, taking into account the collapse of FTX, of course. If FTX hadn’t, the losses would have been lower.

The report reveals that the most unpopular cryptocurrency was Ether (ETH). Crypto investors got rid of it most often. Solana (SOL), Bitcoin (BTC), BNB, and Polygon (MATIC) were also in the top five.

And Bitcoin is the least frequently sold.

Also, analysts named Coinbase the most popular CEX by number of transactions in 2023, but in reality, this is probably not true because most of the respondents live in the United States, where Coinbase is the leader.

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