> Article highlight. In the preceding two weeks, Strive had purchased just 32 BTC and then 73 BTC in back-to-back weekly disclosures, for a combined $6.8 million. The jump to 759 coins signals a return to the heavier accumulation pace the company ran earlier in Q2. Strive’s 759 BTC purchase last week outpaced Strategy’s 520 BTC buy — a rare week in which the smaller treasury company out-accumulated the world’s largest corporate bitcoin holder. submitted by /u/zesushv [link] [Kommentare]

We're building an app called CoinTrends that's an alternative to Coingecko and Coinmarketcap, but it has added feature where you can select custom range on chart and get best/worst performers instantly. We wanted to get some initial traffic to the website so we decided to pursue which platform is best to advertise on. Decided to use X, cause a lot of people recommended it to us as they were using it couple of years ago. Results were horrible. Only bots showed up. First of all, I know that the spending amount wasn't that high, but it was enough to draw a conclusion for us. https://preview.redd.it/lgv1p128xt8h1.png?width=2082&format=png&auto=webp&s=c0ff0ad58e7f5ea31a6459095a16bc6a5164a9be We got ~46000 impressions and 88 link clicks to our website which is supposed to be very good. But when you look at the stats, here's where the real truth comes in: Of those 88 link clicks, average time spent on the website was 14s and none of the users clicked anything. (Google Analytics showed 14s average time, Datafast showed 0) https://preview.redd.it/x13pvfeant8h1.png?width=1656&format=png&auto=webp&s=df4084e128496ac9c41b4be992f416a39a32d7de So imagine that, user visits site, watches for 14 seconds and just leaves when the first thing they can see is the hand pointing on the chart prompting the user to click on the chart. To compare this to our post that was posted on reddit, 90% of the users that visited the website actually interacted with it and average engagement time was 2m08s. They were actually clicking through and looking on the site what looks interesting. https://preview.redd.it/rehuv0mxnt8h1.png?width=1708&format=png&auto=webp&s=4cd57b89e6390548f22082774aaded35e23d9616 Quality gap between Reddit and X is huge. Our regular users that come to our site have average session time of 1 minute. It's mind blowing how many bot accounts there are on X. I know we were confused on the start as to why nobody was interacting with the website. So we built in custom events that track where ever users were clicking and we saw that they just visited and left straight away. Is X really this filled with bot accounts? We know 30$ is not a lot, but 300$ wouldn't change a thing. It would just be "more" users displayed inside of our ad campaign, more impressions, more everything, but real users amount would still be 0. TLDR: Used paid X-ads. From 88 clicks to our website there were 0 real people, only bots. Will never use X to advertise again. submitted by /u/SirGrosh [link] [Kommentare]

> Article highlight. In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. A yield-bearing stablecoin offers a stable dollar value, easy access and transferability on crypto rails, and interest funded by the reserves, which is to say it offers a substitute for a bank deposit, potentially a more convenient and higher-yielding one, outside the banking system. If holders can earn a competitive return on a stablecoin that moves freely on the blockchain, why keep money in a bank account paying little interest? That is the question banks do not want their customers asking. submitted by /u/zesushv [link] [Kommentare]