Holy Cow Post

HOLY COW POST

“I'm udderly impressed by the recent news in the crypto world, it's really mooving forward”

BITCOIN 30,000…. bull market?

Bitcoin, the world's most valuable cryptocurrency, has had a rollercoaster ride of late. The digital asset recently hit an all-time high of nearly $65,000 in mid-April, before experiencing a significant dip in price. However, it's worth noting that despite the recent volatility, Bitcoin has shown resilience, and just recently bounced back from the dip, reaching a price point of $30,000. Take that Jim Cramer you dusty old fart….

One potential factor that could influence Bitcoin's future price is the upcoming Bitcoin halving event, set to occur in one year. This event will cut the block reward for miners in half, making it more difficult to mine new Bitcoins and potentially driving up the price of existing Bitcoins. In the past, the halving event has been followed by significant increases in Bitcoin's price, leading many investors to take positions in anticipation of another bull run. So start deciding what color Lambo you want, because once this bull run starts, we will all be rich (hopefully)

Despite the recent price dip and recovery, many experts believe that Bitcoin is still poised for long-term growth, citing increasing mainstream adoption and growing institutional interest. We are no experts here at the Holy Cow Post, just providing you with facts and humor. So before being a degen, do your own research and again NFA..

ETH with the Shanghai Upgrade

The highly anticipated Shanghai Upgrade is finally here, and it's bringing some significant changes to the Ethereum network. This upgrade is set to change the way we interact with Ethereum, as it introduces several new features that some of our cows have reported to be going crazy like in a good way. One of the most significant changes is the introduction of a new era of staking and withdrawals, which will provide more opportunities for users to earn rewards.

So you’re like “ What's in it for me?" Well, hold on to your tacos, because this upgrade will include faster block times, more efficient gas fees, and improved scalability, the Shanghai Upgrade is sure to enhance the user experience and make Ethereum even more attractive to investors. Remember when people are spending 0.2 to 0.5 ETH to mint during very hyped drops, yeah us too! So much gas was wasted but now it’s getting better right?

But wait, there's more! This upgrade also introduces a new consensus mechanism that is more energy-efficient than its predecessor, which is great news for the environment, so maybe that little girl who protests about the environment will finally buy some ETH. So, if you're looking for a reason to get excited about Ethereum again, the Shanghai Upgrade is just what you need. Get ready to join the ride and see where this new era takes us.

Oh… also ETH is closing in on $2k so grab your popcorn, and let's see where this goes! Here is meme of Mike Tyson being excited about it

FTX “found” $7.3 Billion… shocking

Crypto exchange FTX has been making headlines recently, but not for the right reasons. Remember when the exchange declared bankruptcy due to a $3 billion loss incurred during the recent crypto market crash ( or their crazy lifestyle) However, things seem to be turning around for FTX as their attorney has reported that the exchange has already recovered $7.3 billion worth of assets. I wish I can make that much money appear out of thin air, possible jail time is a really great motivator for SBF

In other news, FTX has made headlines recently after it was reported that the exchange has recovered $7.3 billion worth of assets. This comes after FTX declared bankruptcy a few months due to a number of factors including high debt levels and regulatory scrutiny. I find it crazy how $7.3 billion dollars just appear out of thin air all of a sudden. I guess possible jail time is always a great motivator… isn’t that right Sam. While the recovery of assets is a positive development, it is important to note that many users of the exchange lost significant amounts of money during the bankruptcy process.

The founder of FTX, Sam Bankman-Fried, has been praised for his role in recovering the assets by his lawyers and mom. However, it is worth noting that he is also facing potential legal consequences for his involvement with the exchange. There have been reports that SBF may face jail time due to his alleged involvement in fraudulent activities related to the exchange. While these allegations have not been proven, it is important for investors to exercise caution when investing in crypto exchanges.

Oh but it gets more interesting.

It was also recently announced that it is planning to relaunch its platform. Yep FTX wants to relaunch and take all your money again I mean help you invest in crypto.

The announcement of FTX's relaunch has caused a stir in the crypto community, I wonder why… but
It remains to be seen how successful FTX's relaunch will be and whether it will be able to regain the trust of its users. Nevertheless, the company seems determined to move forward and make a fresh start. As for me personally, I am staying far far away from FTX but that’s just me.

Remember, when it comes to investing in crypto, it's important to steer clear of the herd mentality and do your own research.
Have a great rest of your day.

The first person to DM on Twitter us a picture of themselves touching grass and their wallet address gets a prize

Stay Holy