2 months ago
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.
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.
3 months ago
According to a report by asset manager ARK Invest released on July 18, Bitcoin became oversold in June after the German government initiated a multibillion-dollar sell-off of 50,000 BTC. These bitcoins were seized in a 2020 police sting against Movie2k, a streaming platform for pirated content.
The sell-off caused Bitcoin prices to drop from highs above $70,000 in early June to below $55,000 during a brief dip in July.
"Based on short-term holder realized profits/losses and miner outflows, Bitcoin appears oversold," the report states, which covers data through June 30 and includes more recent figures. "Current levels of miner outflows suggest that miners are capitulating, which could signal a bullish reversal."
The sell-off caused Bitcoin prices to drop from highs above $70,000 in early June to below $55,000 during a brief dip in July.
"Based on short-term holder realized profits/losses and miner outflows, Bitcoin appears oversold," the report states, which covers data through June 30 and includes more recent figures. "Current levels of miner outflows suggest that miners are capitulating, which could signal a bullish reversal."
3 months ago
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### 🚀🚀🚀New Feature Announcement On Bitrr 🚀🚀🚀🚀
Bitrr has listened to the Bitcointalk community!
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The more engagement, likes, and shares your post receives, the more you can earn. Remember, only high-quality crypto and blockchain content is allowed; avoid spam.
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Bitrr has listened to the Bitcointalk community!
Get paid for each unique crypto or blockchain post you share!
The more engagement, likes, and shares your post receives, the more you can earn. Remember, only high-quality crypto and blockchain content is allowed; avoid spam.
We're also introducing another feature Crypto Paid to Click for advertisers and clickers, so stay tuned!
3 months ago
3 months ago
After Court Order, Craig Wright Updates Website With Admission He Is Not Bitcoin Creator Satoshi
A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.
https://www.coindesk.com/p...
A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.
https://www.coindesk.com/p...
3 months ago
Mt. Gox shifts $9B in BTC, market braces for impact
Mt. Gox’s cold wallet transfers over 140,000 BTC in a significant move after two weeks of inactivity, causing market concerns.
In three hours on July 16, Mt. Gox transferred over 140,000 Bitcoin, valued at nearly $9 billion, to a known cold wallet and two unidentified addresses.
Arkham Intelligence data reveals that Mt. Gox still possesses 138,985 Bitcoin (BTC) in its main wallet, amounting to approximately $8.7 billion, and has started moving these funds for the first time in two weeks.
The transactions involved nearly 96,000 BTC, worth over $6 billion, being moved to two unknown wallets, while the initial 44,527 BTC was transferred to a known Mt. Gox cold wallet.
Mt. Gox’s cold wallet transfers over 140,000 BTC in a significant move after two weeks of inactivity, causing market concerns.
In three hours on July 16, Mt. Gox transferred over 140,000 Bitcoin, valued at nearly $9 billion, to a known cold wallet and two unidentified addresses.
Arkham Intelligence data reveals that Mt. Gox still possesses 138,985 Bitcoin (BTC) in its main wallet, amounting to approximately $8.7 billion, and has started moving these funds for the first time in two weeks.
The transactions involved nearly 96,000 BTC, worth over $6 billion, being moved to two unknown wallets, while the initial 44,527 BTC was transferred to a known Mt. Gox cold wallet.
3 months ago
(E)
Market dynamics point to $150,000 bitcoin, says John Divine
Bitcoin’s trajectory has been a hot topic in financial circles, and predictions about its end-of-year value are more diverse than ever. Roundtable anchor, Rob Nelson, recently delved into these forecasts with John Divine, Digital Asset OTC Trading at BlockFills, who remains steadfast in his bullish stance on bitcoin, projecting it to hit $150,000 by December 31st. #bitcoin150k #bullrun
Bitcoin’s trajectory has been a hot topic in financial circles, and predictions about its end-of-year value are more diverse than ever. Roundtable anchor, Rob Nelson, recently delved into these forecasts with John Divine, Digital Asset OTC Trading at BlockFills, who remains steadfast in his bullish stance on bitcoin, projecting it to hit $150,000 by December 31st. #bitcoin150k #bullrun
3 months ago
Solana Weekend Forecast: Will SOL Reach $150?
Solana (SOL) experienced a smaller decline compared to the rest of the market, dropping only 7%. Over the past week, SOL has risen by 7% and was trading at $142, just shy of the $150 milestone, at the time of writing. Despite the current market downturn, investors remain optimistic about the weekend.
Data from Changelly indicates that Solana is expected to trade around $144 this weekend. The forecast suggests that while Friday will start at $145, the asset will dip slightly to $144 on Saturday and Sunday. This represents a modest 2% increase from its current levels.
Solana (SOL) experienced a smaller decline compared to the rest of the market, dropping only 7%. Over the past week, SOL has risen by 7% and was trading at $142, just shy of the $150 milestone, at the time of writing. Despite the current market downturn, investors remain optimistic about the weekend.
Data from Changelly indicates that Solana is expected to trade around $144 this weekend. The forecast suggests that while Friday will start at $145, the asset will dip slightly to $144 on Saturday and Sunday. This represents a modest 2% increase from its current levels.
3 months ago
We are thrilled to announce an upcoming feature on Bitrr! Soon, you'll be able to earn points for posting content and sharing news about cryptocurrency and blockchain.
These points can be converted to USD, USDT, or SOLANA. Start posting and get rewarded for your contributions!
Please note, spam will lead to a complete account ban, and your IP and computer ID will be blacklisted.
Ensure your posts are unique and spam-free. Do check back for new updates here on Bitrr .
These points can be converted to USD, USDT, or SOLANA. Start posting and get rewarded for your contributions!
Please note, spam will lead to a complete account ban, and your IP and computer ID will be blacklisted.
Ensure your posts are unique and spam-free. Do check back for new updates here on Bitrr .
3 months ago
$PeiPei at these sale prices. Next leg up will be above $200m. Book it! #PeiPei #memetoken
3 months ago
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3 months ago
(E)
ChatGPT creator OpenAI is reportedly developing a new AI model named “Strawberry,” designed to elevate its AI tools to human-level intelligence through advanced reasoning.
3 months ago
### Spot Bitcoin ETFs Experience Highest Inflow Day in Over Five Weeks
On July 12, spot Bitcoin exchange-traded funds (ETFs) based in the United States saw over $310 million in inflows, making it their best-performing day since June 5.
Leading the inflows were BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC), which recorded $120 million and $115.1 million respectively, according to Farside Investors data.
The Bitwise Bitcoin ETF ranked third with $28.4 million in inflows, while the Grayscale Bitcoin Trust (GBTC) experienced a rare inflow day at $23 million.
Additionally, the VanEck Bitcoin Trust ETF and Invesco Galaxy Bitcoin ETF reported inflows of $6 million and $4 million, respectively
On July 12, spot Bitcoin exchange-traded funds (ETFs) based in the United States saw over $310 million in inflows, making it their best-performing day since June 5.
Leading the inflows were BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC), which recorded $120 million and $115.1 million respectively, according to Farside Investors data.
The Bitwise Bitcoin ETF ranked third with $28.4 million in inflows, while the Grayscale Bitcoin Trust (GBTC) experienced a rare inflow day at $23 million.
Additionally, the VanEck Bitcoin Trust ETF and Invesco Galaxy Bitcoin ETF reported inflows of $6 million and $4 million, respectively
3 months ago
Bitcoin bottom signal? German gov’t runs out of BTC to sell
Bitcoin’s
price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
The German government’s Bitcoin wallet has decreased to just 3,856 BTC, only three weeks after it began selling.
As a result, the additional $222 million in selling pressure has pushed BTC’s price below $60,000 over the past week. However, signs of a potential bottom are beginning to emerge.
In its latest transactions on July 12, the wallet transferred 800 BTC to the Kraken exchange, 500 BTC to wallet “bc1q,” and another 1,000 BTC to wallet “139p.
Bitcoin’s
price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC
The German government’s Bitcoin wallet has decreased to just 3,856 BTC, only three weeks after it began selling.
As a result, the additional $222 million in selling pressure has pushed BTC’s price below $60,000 over the past week. However, signs of a potential bottom are beginning to emerge.
In its latest transactions on July 12, the wallet transferred 800 BTC to the Kraken exchange, 500 BTC to wallet “bc1q,” and another 1,000 BTC to wallet “139p.
3 months ago
(E)
Ultimate Crypto Guide 2024: How to Make Millions During the Market Crash
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Access all the tools I mentioned in the video here: https://brianjung.co/toolk...
Get the Crypto Grading Tool here: https://www.brianjung.co/n...
Join Kaizen For $1 A Day: https://brianjung.org/Join...
https://youtu.be/LKczZI1OB...
3 months ago
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3 months ago
Brainstorm new ideas and join the revolutionary crypto discussion platform. Become a part of our team! #bitrr #cryptsocialmedia
3 months ago
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3 months ago
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3 months ago
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