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Winklevoss-Backed Football Team RBFC Acquires $4.5 Million in Bitcoin

BNB Chain Burns 1.6 Million BNB Tokens in its 28th Quarterly Token Burn

In a Monday blog post, BNB Chain announced the removal of 1,643,698.8 BNB tokens from circulation, valued at approximately $971 million at the time of the burn.

BNB Serves as the Native Coin of the BNB Chain
BNB plays a crucial role as the native coin of the BNB Chain ecosystem, powering its diverse Web3 environment.

It facilitates transactions across the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield blockchain.

Moreover, BNB has governance utility, allowing holders to participate in the decentralized on-chain governance of the BNB Chain.

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Analyst predicts that Terra Classic is ready for a significant rally of 280% due to a strong recovery.

Prepared for Takeoff: XRP Price Likely to Soar Before November.

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🟠 Bitcoin halving progress 6% 📊

### Bitcoin and Cryptocurrencies:
- **The Ethereum restaking protocol EigenLayer** has lost $5 billion in total value locked (TVL) within a few weeks (Journal du Coin).
- **Bitcoin exchanges** have seen significant inflows into ETFs, totaling $2 billion over nine consecutive days (Journal du Coin).

### Regulation and Security:
- The **European Securities and Markets Authority (ESMA)** has made progress in developing the digital euro, an initiative that could transform financial transactions in Europe (Une-Blockchain).
- **Hong Kong** plans to implement a licensing system for stablecoin issuers, thereby strengthening regulation in this sector (Journal du Coin).

### Technological Developments:
- **Ubisoft** has chosen Aleph.im to manage the dynamic NFTs for its new Web 3 game, further integrating blockchain into the gaming industry (Journal du Coin).

### Adoption and Usage:
- Various **blockchain adoption initiatives** continue to emerge, such as the acceptance of cryptocurrencies for purchasing real estate and luxury services in Dubai (Krypto Channel).

These developments indicate a growing adoption and significant movements in the blockchain and cryptocurrency space, affecting both asset prices and regulatory and technological infrastructure.

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today’s crypto news:

Crypto Exchange Bankruptcy Protection:
When a crypto exchange goes bankrupt, it must cover legal fees and debts during bankruptcy proceedings. As a result, your crypto holdings may not be entirely safe in such situations1.

Q2 2024 Trends:

The second quarter of 2024 saw significant activity in meme coins, Real World Assets (RWA), and Artificial Intelligence (AI) within the crypto market2.

BlockDAG’s Impact:

BlockDAG, with its impressive $60 million presale and technological advancements, has been making waves in the crypto market. Meanwhile, AVAX faced a downturn, and Kaspa showed growth prospects3.
Remember to stay informed and make informed decisions in the ever-evolving crypto landscape! 🚀🌟

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🇳🇱 Farm in the Netherlands uses #bitcoin mining to keep stable temperatures inside the greenhouse 🌱

Vitalik Buterin, the co-founder of #ethereum , calling #Blockchain a "truth machine" due to its ability to provide timestamps for messages, indicating when they were sent. Buterin's social media comments were inspired by a question regarding "global universal blockchain."

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#bitcoin has been gaining strength over the past seven days, and is currently trading above $67,000. This is due to large sellers easing off their selling pressure.
Analysts believe that Bitcoin could continue to rise in the coming months.

#ethereum withdrawals on exchanges skyrocket on spot ETF mania, based on Glassnodes data.

$126m in a week investors drained exchanges reserves.

Trading volume lost 15% and declined to $13.3 billion.

https://www.coindesk.com/m...