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Nearly 28,000 BTC left centralized exchanges in 7 days .
Bitcoin (BTC) showed a 6.6% recovery in the last seven days, and investors withdrew their BTC holdings from centralized exchanges as a result, according to data aggregator Coinglass. In the last seven days, 27,975.21 BTC left the 20 exchanges tracked by the data platform, roughly $1.9 billion at the time of writing.
Coinbase Pro saw the most outflows, with 15,891.79 BTC leaving the exchange focused on seasoned traders. Binance came in second, with investors withdrawing 7669.64 BTC from the exchange in the past week.
Crypto outflows from centralized exchanges are commonly seen as a bullish sign, indicating that investors are not inclined to sell their holdings in the short term, possibly awaiting price growth. The total amount of Bitcoin left in centralized exchanges is 1.72 million BTC, the lowest level of 2024 so far.
$BTC #write2earn #crypto
Bitcoin (BTC) showed a 6.6% recovery in the last seven days, and investors withdrew their BTC holdings from centralized exchanges as a result, according to data aggregator Coinglass. In the last seven days, 27,975.21 BTC left the 20 exchanges tracked by the data platform, roughly $1.9 billion at the time of writing.
Coinbase Pro saw the most outflows, with 15,891.79 BTC leaving the exchange focused on seasoned traders. Binance came in second, with investors withdrawing 7669.64 BTC from the exchange in the past week.
Crypto outflows from centralized exchanges are commonly seen as a bullish sign, indicating that investors are not inclined to sell their holdings in the short term, possibly awaiting price growth. The total amount of Bitcoin left in centralized exchanges is 1.72 million BTC, the lowest level of 2024 so far.
$BTC #write2earn #crypto
I have lost a lot since the Market hit berrish ,i feel so down.
#bitcoinhalving #write2earn🌐💹 #WLD $BTC $WLD
#bitcoinhalving #write2earn🌐💹 #WLD $BTC $WLD
My predictions is on 28th April ,$WLD might be rating $10 .
This information is only based on my own predictions be warned .
#BinanceLaunchpool
#Worldcoin .
This information is only based on my own predictions be warned .
#BinanceLaunchpool
#Worldcoin .
Some individuals have been speaking negatively about $WLD , labeling it a worthless coin that has continually disappointed them. Allow me to address this for anyone involved in or considering cryptocurrency investments:
1. Patience: In the realm of crypto, patience is paramount. Conduct thorough research from your own perspective and be patient to witness the potential of your investments.
2. Hope: Maintaining hope is essential. Approach each endeavor with the determination to succeed, remaining optimistic despite any challenges or setbacks.
3. ATT (Attitude) : Your attitude plays a crucial role in navigating the digital landscape. Negative attitudes breed bitterness, hindering progress. Adopt a positive mindset and remain adaptable to change.
These principles, success in the cryptocurrency market is attainable. Avoid the allure of quick riches and prioritize sustainable gains.
#Cryto #Cryptocurrencies #BinanceLaunchpool #
1. Patience: In the realm of crypto, patience is paramount. Conduct thorough research from your own perspective and be patient to witness the potential of your investments.
2. Hope: Maintaining hope is essential. Approach each endeavor with the determination to succeed, remaining optimistic despite any challenges or setbacks.
3. ATT (Attitude) : Your attitude plays a crucial role in navigating the digital landscape. Negative attitudes breed bitterness, hindering progress. Adopt a positive mindset and remain adaptable to change.
These principles, success in the cryptocurrency market is attainable. Avoid the allure of quick riches and prioritize sustainable gains.
#Cryto #Cryptocurrencies #BinanceLaunchpool #
Should you trust crypto influencers ?
Investing in the crypto industry holds the promise of transforming your financial situation dramatically. Yet, it also carries the risk of substantial financial loss if approached carelessly.
You've likely been captivated by tales of individuals seemingly attaining overnight wealth through cryptocurrency investments, which probably sparked your initial interest in the market. Perhaps you, like many others, feel entrenched in the daily grind, yearning for an escape from the relentless cycle of financial struggle. Retirement or financial freedom might seem like distant dreams, particularly when burdened by debt. Shockingly, studies reveal that a significant portion of the population in the US lacks the means to cover even minor unexpected expenses.
Given this desperation for change, many see crypto as their beacon of hope.
Crypto evangelists often proclaim that Bitcoin, Ethereum, and other digital assets will orchestrate the most massive wealth transfer in history, assuring investors of substantial future rewards.
While this scenario is plausible, it's crucial to recognize the inherent risks.
The reality is that a large portion of newcomers to the crypto market possess minimal understanding of its complexities, rendering them vulnerable targets.
Consider how, when faced with unfamiliarity, people typically turn to platforms like YouTube or social media for guidance.
However, unlike learning a new skill or pursuing a hobby, navigating the crypto landscape is akin to traversing a financial minefield, with potential dangers lurking at every turn—especially on platforms like YouTube and social media.
It's essential to recognize that content creators on these platforms often harbor their own agendas. Both YouTube and social media allow creators to monetize their content, whether through views, sponsorships, or promoting new cryptocurrencies to their followers.
During previous market cycles, numerous influencers were incentivized to endorse low-cap altcoins, driving up their prices significantly. However, once the hype peaked, these influencers swiftly sold off their holdings, leaving unsuspecting followers holding devalued assets.
In essence, while the allure of crypto riches is compelling, exercising caution and discernment is paramount in navigating this volatile landscape.
$BTC $ETH $SOL #Crpto #Crytptocurrency
You've likely been captivated by tales of individuals seemingly attaining overnight wealth through cryptocurrency investments, which probably sparked your initial interest in the market. Perhaps you, like many others, feel entrenched in the daily grind, yearning for an escape from the relentless cycle of financial struggle. Retirement or financial freedom might seem like distant dreams, particularly when burdened by debt. Shockingly, studies reveal that a significant portion of the population in the US lacks the means to cover even minor unexpected expenses.
Given this desperation for change, many see crypto as their beacon of hope.
Crypto evangelists often proclaim that Bitcoin, Ethereum, and other digital assets will orchestrate the most massive wealth transfer in history, assuring investors of substantial future rewards.
While this scenario is plausible, it's crucial to recognize the inherent risks.
The reality is that a large portion of newcomers to the crypto market possess minimal understanding of its complexities, rendering them vulnerable targets.
Consider how, when faced with unfamiliarity, people typically turn to platforms like YouTube or social media for guidance.
However, unlike learning a new skill or pursuing a hobby, navigating the crypto landscape is akin to traversing a financial minefield, with potential dangers lurking at every turn—especially on platforms like YouTube and social media.
It's essential to recognize that content creators on these platforms often harbor their own agendas. Both YouTube and social media allow creators to monetize their content, whether through views, sponsorships, or promoting new cryptocurrencies to their followers.
During previous market cycles, numerous influencers were incentivized to endorse low-cap altcoins, driving up their prices significantly. However, once the hype peaked, these influencers swiftly sold off their holdings, leaving unsuspecting followers holding devalued assets.
In essence, while the allure of crypto riches is compelling, exercising caution and discernment is paramount in navigating this volatile landscape.
$BTC $ETH $SOL #Crpto #Crytptocurrency
Dogecoin (DOGE) Comes Closer to Surpassing XRP .
The price of Dogecoin , the leading meme cryptocurrency, recently spiked by more than 10%. The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195.
Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu , its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom , ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains.
After the most recent price spike, the top meme coin is now closing in on XRP. The latter is only up a modest 0.9% over the past 24 hours. The two cryptocurrencies are currently valued at $32.8 billion and $28 billion, respectively.
More than $5 million worth of Dogecoin shorts have been liquidated over the past 24 hours,. They account for the vast majority of liquidated positions ($6.42 million).
The meme coin was one of the most traded cryptocurrencies, generating $2.3 billion in 24-hour trading volume.
As reported by U.Today, the Dogecoin price managed to score a monthly close above the pivotal $0.20 level, potentially turning it into support. This could set the stage for a potential surge to $0.30. In 2024, the meme coin has already managed to double its price. Meanwhile, the aggregate value of joke cryptocurrencies has nearly tripled.
#Dogecoin #crypto #Write2earn $DOGE
The price of Dogecoin , the leading meme cryptocurrency, recently spiked by more than 10%. The Bitcoin parody peaked at $0.1975 earlier this Sunday, and it is currently changing hands at $0.195.
Dogecoin is (by far) the best-performing cryptocurrency in the top 20, outstripping Shiba Inu , its top competitor. In fact, DOGE is the fifth best-performing cryptocurrency in the top 20. Only Ethena (ENA), Fantom , ORDI (ORDI) and eCash (XEC) are above in terms of 24-hour gains.
After the most recent price spike, the top meme coin is now closing in on XRP. The latter is only up a modest 0.9% over the past 24 hours. The two cryptocurrencies are currently valued at $32.8 billion and $28 billion, respectively.
More than $5 million worth of Dogecoin shorts have been liquidated over the past 24 hours,. They account for the vast majority of liquidated positions ($6.42 million).
The meme coin was one of the most traded cryptocurrencies, generating $2.3 billion in 24-hour trading volume.
As reported by U.Today, the Dogecoin price managed to score a monthly close above the pivotal $0.20 level, potentially turning it into support. This could set the stage for a potential surge to $0.30. In 2024, the meme coin has already managed to double its price. Meanwhile, the aggregate value of joke cryptocurrencies has nearly tripled.
#Dogecoin #crypto #Write2earn $DOGE
How many Bitcoins have been mined ?
As of December 18, 2023, approximately 19.57 million bitcoins have been mined, leaving about 1.45 million bitcoins yet to be released. The total supply of Bitcoin is capped at 21 million1. This limit was intentionally designed by Bitcoin’s creator (or creators, using the pseudonym Satoshi Nakamoto) to increase scarcity over time, which tends to drive up demand and price.
Here’s how it works:
New bitcoins are added to the supply approximately every 10 minutes through a process called mining.The number of bitcoins minted per block is reduced by 50% after every 210,000 blocks, which happens roughly once every four years. This event is known as a halving.After the 2024 halving, there will be 29 more halvings until the final reward of one satoshi (the smallest unit of measurement in the Bitcoin network) is awarded. Realistically, this final satoshi is not expected to be generated until 2140 or possibly earlier.
In summary, while the theoretical maximum number of bitcoins that can be minted is 21 million, the actual number in circulation may fall slightly short of that due to rounding issues in the Bitcoin codebase. Once the supply reaches its upper limit, miners will likely earn income only from transaction fees.
What happens when the 21 Cap is achieved ?
After the maximum number of bitcoins is reached, even if that number is ultimately slightly below 21 million, no new bitcoins will be issued.
Bitcoin reaching its upper supply limit is likely to affect Bitcoin miners, but how they are affected depends in part on how Bitcoin evolves as a cryptocurrency. Bitcoin transactions will continue to be pooled into blocks and processed, and Bitcoin miners will continue to be rewarded, but likely only with transaction processing fees.
#Bitcoinmining #BitcoinHalvingDrama #BitcoinNews $BTC
As of December 18, 2023, approximately 19.57 million bitcoins have been mined, leaving about 1.45 million bitcoins yet to be released. The total supply of Bitcoin is capped at 21 million1. This limit was intentionally designed by Bitcoin’s creator (or creators, using the pseudonym Satoshi Nakamoto) to increase scarcity over time, which tends to drive up demand and price.
Here’s how it works:
New bitcoins are added to the supply approximately every 10 minutes through a process called mining.The number of bitcoins minted per block is reduced by 50% after every 210,000 blocks, which happens roughly once every four years. This event is known as a halving.After the 2024 halving, there will be 29 more halvings until the final reward of one satoshi (the smallest unit of measurement in the Bitcoin network) is awarded. Realistically, this final satoshi is not expected to be generated until 2140 or possibly earlier.
In summary, while the theoretical maximum number of bitcoins that can be minted is 21 million, the actual number in circulation may fall slightly short of that due to rounding issues in the Bitcoin codebase. Once the supply reaches its upper limit, miners will likely earn income only from transaction fees.
What happens when the 21 Cap is achieved ?
After the maximum number of bitcoins is reached, even if that number is ultimately slightly below 21 million, no new bitcoins will be issued.
Bitcoin reaching its upper supply limit is likely to affect Bitcoin miners, but how they are affected depends in part on how Bitcoin evolves as a cryptocurrency. Bitcoin transactions will continue to be pooled into blocks and processed, and Bitcoin miners will continue to be rewarded, but likely only with transaction processing fees.
#Bitcoinmining #BitcoinHalvingDrama #BitcoinNews $BTC
