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Benjamin Balzer
Web3 Growth @Deutsche Telekom MMS
Benjamin Balzer is a Web3 expert and blockchain enthusiast currently working at Deutsche Telekom MMS in the field of Web3, Digital Trust, Infrastructure & Solutions.1 He has been involved in the blockchain and cryptocurrency space since 2017.12
Key points about Benjamin Balzer:
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Current role: Web3 | Digital Trust | Infrastructure & Solutions at Telekom MMS (since November 2022)1
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Background:
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Achievements:
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Education:
- Bachelor of Arts in Social Pedagogy and Management from FH Dresden (2017-2019)1
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Notable activities:
Benjamin Balzer is recognized for his expertise in blockchain technology and his efforts to integrate Web3 solutions within the telecommunications industry.
Highlights
𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐀𝐮𝐠𝐮𝐬𝐭 2️⃣ 𝐧𝐝 𝐖𝐞𝐞𝐤
𝑾𝒉𝒂𝒕 𝒉𝒂𝒑𝒑𝒆𝒏𝒆𝒅 𝒍𝒂𝒔𝒕 𝒘𝒆𝒆𝒌? 📊
👉 Celsius Network vs. Tether: On Friday, #Celsius Network sued #Tether, aiming to reclaim $2.4 billion in #Bitcoin that it alleges was improperly sold during a market low point as the crypto lender was collapsing. Tether has dismissed the lawsuit and vowed to defend the company.
👉 DePIN Surge: The fundraising volume for #DePIN has surged by 296% year-over-year, boosting the total market cap by 400% to reach $20 billion.
👉 Nasdaq and BlackRock's Ethereum ETF: #Nasdaq and #BlackRock, the world's largest asset manager, are planning to list and trade options for their spot Ethereum exchange-traded fund.
👉 Ethereum Burn Rate: The daily rate of #ETH being burned on the Ethereum network has reached its lowest point in years. With gas fees currently ranging from 1 to 2 gwei, the issuance of ETH is being affected.
👉 Ripple Labs Penalties: A Manhattan court has ordered #Ripple Labs to pay approximately $125 million in penalties to the U.S. Securities and Exchange Commission for improperly selling the #cryptocurrency #XRP.
📊 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 / 𝐖𝐞𝐞𝐤 𝐍𝐮𝐦𝐛𝐞𝐫 3️⃣ 1️⃣
👉 Former President Donald Trump proposed creating a "strategic national #bitcoin reserve."
👉 Trump predicted that Bitcoin could surpass gold's $16 trillion market capitalization.
👉 U.S. Senator Cynthia Lummis introduced a bill to direct the U.S. Treasury to purchase 1 million bitcoins, valued at nearly $70 billion.
👉 The U.S. currently holds about 212,000 seized bitcoin, worth approximately $15 billion, compared to its $600 billion in gold reserves. Trump announced plans to appoint a Bitcoin and crypto presidential advisory council.
👉 Following Trump's speech, Senator Lummis' bill aims for the U.S. Treasury to acquire 1 million bitcoins over five years.
👉 BlackRock bought 11,291 Bitcoin ~$785 million.
👉 Ethereum Spot ETF had $107 million inflow on Day 1.
