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🔥🔥🔥 #BNB🔥 Chain: opBNB Sets New Record for Daily Transactions with 3.37 Million Txs at 40 TPS 🔥🔥🔥 BNB Chain's opBNB platform has set a new all-time high for daily transactions, processing 3.37 million transactions in a single day at an impressive 40 transactions per second (TPS). This achievement highlights the growing popularity and scalability of BNB Chain, which is now one of the busiest blockchains in the world. BNB Chain is a high-performance blockchain ecosystem that supports a wide range of decentralized applications (DApps) and use cases. opBNB is a key part of this ecosystem, providing a fast, secure, and low-cost solution for DApp developers. The growth of #opbnb is being fueled by a number of factors, including: - The increasing popularity of BNB Chain's BEP-16 standard, which is a more efficient and scalable alternative to the Ethereum Virtual Machine (EVM). - The growth of the GameFi sector, which is generating a significant amount of traffic on BNB Chain.The launch of new #dApps on BNB Chain, such as PancakeSwap and ApeSwap. - As opBNB continues to grow, it is expected to play an increasingly important role in the BNB Chain ecosystem. The platform is well-positioned to support the growth of DApps and the wider adoption of BNB Chain. Here are some of the key takeaways from this news: - opBNB is a fast, secure, and low-cost solution for DApp developers. - opBNB is playing an increasingly important role in the BNB Chain ecosystem. - The growth of opBNB is being fueled by a number of factors, including the increasing popularity of BEP-16, the growth of GameFi, and the launch of new DApps. Overall, this is a positive development for BNB Chain and the wider cryptocurrency industry. It shows that BNB Chain is a scalable and popular blockchain with a bright future. #CryptoNews🔒📰🚫 #BinanceSquare $BNB

🔥🔥🔥 #BNB🔥 Chain: opBNB Sets New Record for Daily Transactions with 3.37 Million Txs at 40 TPS 🔥🔥🔥

BNB Chain's opBNB platform has set a new all-time high for daily transactions, processing 3.37 million transactions in a single day at an impressive 40 transactions per second (TPS).

This achievement highlights the growing popularity and scalability of BNB Chain, which is now one of the busiest blockchains in the world. BNB Chain is a high-performance blockchain ecosystem that supports a wide range of decentralized applications (DApps) and use cases. opBNB is a key part of this ecosystem, providing a fast, secure, and low-cost solution for DApp developers.

The growth of #opbnb is being fueled by a number of factors, including:

- The increasing popularity of BNB Chain's BEP-16 standard, which is a more efficient and scalable alternative to the Ethereum Virtual Machine (EVM).

- The growth of the GameFi sector, which is generating a significant amount of traffic on BNB Chain.The launch of new #dApps on BNB Chain, such as PancakeSwap and ApeSwap.

- As opBNB continues to grow, it is expected to play an increasingly important role in the BNB Chain ecosystem. The platform is well-positioned to support the growth of DApps and the wider adoption of BNB Chain.

Here are some of the key takeaways from this news:

- opBNB is a fast, secure, and low-cost solution for DApp developers.

- opBNB is playing an increasingly important role in the BNB Chain ecosystem.

- The growth of opBNB is being fueled by a number of factors, including the increasing popularity of BEP-16, the growth of GameFi, and the launch of new DApps.

Overall, this is a positive development for BNB Chain and the wider cryptocurrency industry. It shows that BNB Chain is a scalable and popular blockchain with a bright future.

#CryptoNews🔒📰🚫 #BinanceSquare $BNB

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👉👉👉 #Bitcoin’s Ordinals, Runes key to solving the #Mining subsidy problem: ViaBTC With each Bitcoin halving event, miners receive reduced block subsidies, but ViaBTC remains optimistic about the future, believing that innovative Bitcoin applications will fill this gap, aligning with #satoshiNakamoto 's vision. ViaBTC emphasizes transaction fees from applications like Ordinals, Runes, and BRC-20s for miners' sustainability during halving events. Before the launch of Ordinals in January 2023, miners relied on peer-to-peer transaction fees & block subsidies. However, halving block subsidies every 210,000 blocks affects miners' long-term revenue. ViaBTC anticipates that network activity & utility will compensate miners adequately, driven by ongoing development at the application layer, despite mining revenue potentially increasing with Bitcoin's price surge. This was evident when ViaBTC mined block 840,000 on April 20, receiving a record-setting 37.6 BTC transaction fee alongside the new 3.125 BTC block subsidy. This transaction fee resulted from enthusiasts competing to inscribe "rare satoshis" and tokens using the new Runes token standard launched at the halving block. ViaBTC was surprised by the substantial reward at the halving block, expecting transaction fees to surpass significant thresholds eventually. Despite this, Bitcoin miners earned $78.3 million on halving day, outpacing Ethereum stakers & Uniswap liquidity providers in fee earnings on nine out of the last 20 days post-halving, per Crypto Fees. Satoshi Nakamoto predicted transaction fees would become miners' main income source as block subsidies decrease. ViaBTC agrees, citing advancements in Ordinals, Runes, and BRC-20s. Yet, popularity fluctuations of these protocols cause revenue instability for miners. Since 2016, ViaBTC has weathered three halving events and mined over 37,534 blocks in its 2,900-day existence. With a global hash rate and miners from 118 countries, ViaBTC remains dedicated to adapting to the changing crypto landscape. Source - cointelegraph.com #CryptoNews🔒📰🚫
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💥💥💥 Cryptic Comeback: 10-Year-Old #bitcoin #whale 🐳🐳🐳 Moves $43 Million Amidst the buzz surrounding the unexpected softness in US job data and the subsequent surge in major cryptocurrencies, a remarkable event has injected fresh intrigue into the market. The reemergence of a long-dormant Bitcoin whale, dating back to the genesis block in July 2011, has sparked discussions and curiosity within the cryptocurrency community. As reported by Lookonchain, a leading platform monitoring large #cryptocurrency transactions, this mysterious entity has remained inactive for over a decade until its sudden return to activity. In a single transaction, the whale moved an impressive 687.33 BTC, valued at a staggering $43.89 million at the time. The sudden activity of such an ancient Bitcoin address has garnered widespread attention among crypto enthusiasts worldwide, prompting numerous inquiries into the motives behind the move. Why would a Bitcoin holder stay dormant for such an extended period, only to resurface now amidst a flourishing cryptocurrency market? Speculations Surrounding the Bitcoin Wallet - While some view this development with intrigue and curiosity, others approach it with skepticism, cautious of its potential impact on the market. Moreover, the distribution of $BTC to undisclosed addresses adds another layer of mystery to the situation. - Meanwhile, Bitcoin was observed trading at $65,242.96, reflecting a daily surge of 2%. The king coin witnessed a significant climb from its earlier low of $63,840 to its current high. However, despite the notable price movement, the daily trading volume of Bitcoin remained relatively low, standing at $19,157,703,865 with a 3% drop. - As the world eagerly endeavors to unravel the motives behind this enigmatic move, one thing remains certain: the realm of crypto never fails to surprise. Source - Watcher Guru #CryptoNews🔒📰🚫 #BinanceSquareBTC
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🔥🔥🔥 #cryptocurrency : Top 3 Coins To Buy Before #bitcoin Reclaims $73,000 On March 14, 2024, Bitcoin (BTC) achieved an extraordinary milestone by reaching its all-time high of $73,750.07. This historic moment not only underscored Bitcoin's growing acceptance & adoption but also set the stage for other cryptocurrencies to flourish in the bull market. As Bitcoin strives to revisit its peak, investors are actively searching for opportunities to leverage the potential gains of alternative cryptocurrencies. In this article, we'll delve into three standout coins worth considering before Bitcoin hits $73,000 once again: Solana (SOL), Shiba Inu (SHIB), and Dogwifhat (WIF). 1. Solana ($SOL ) - Trading at $153.68, Solana has encountered a slight 2.32% decrease in the last 24 hours. Despite this, its performance over the past month has been noteworthy, ranging from a low of $119.38 to a high of $176.24. - With a burgeoning ecosystem of decentralized applications (dApps) & strategic partnerships, Solana is primed to capitalize on the prevailing market sentiment as Bitcoin nears its previous peak. 2. Shiba Inu ($SHIB ) - Priced at $0.00002324, Shiba Inu has demonstrated remarkable resilience in the past 30 days, fluctuating between a low of $0.00001853 & a high of $0.0000282. - As Bitcoin's rally persists, there's a potential uptick in overall market sentiment, which could spur heightened interest in meme coins like Shiba Inu. 3. Dogwifhat ($WIF ) - Emerging as a newcomer in the cryptocurrency arena, Dogwifhat has garnered attention among investors seeking promising returns. Currently valued at $3.19, WIF experienced a modest 1.97% decline in the last 24 hours. However, its performance over the past month has been impressive, ranging from a low of $1.98 to a high of $3.84. - As Bitcoin rises, overall market sentiment improves, drawing attention to lesser-known cryptocurrencies like Dogwifhat. Solana, Shiba Inu, & Dogwifhat present promising diversification options amidst Bitcoin's ascent. Source - Watcher Guru #CryptoWatchMay2024 #BinanceSquareTalks
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🚀🚀🚀 #bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key Bitcoin price found a strong support area near $60,600 and has initiated a recovery phase. However, the bears could pose resistance around the $63,200 level. After testing the support near $60,600, Bitcoin has started to rebound. The price is currently hovering around $63,000 and is holding above the 100 hourly Simple Moving Average. Additionally, a significant bullish signal occurred with the break above a key bearish trend line at $62,000 on the hourly chart of the BTC/USD pair sourced from Kraken. Bitcoin is now trading close to $63,000, with immediate resistance at this level. Further resistance lies at $63,200 or the 50% Fib retracement level of the recent decline from $65,500 to $60,650, along with the 100 hourly Simple Moving Average. If these levels are surpassed, the price may target $64,350 and eventually aim for the main resistance at $65,500. A successful close above this level could propel the price towards $67,500. However, if Bitcoin fails to overcome the $63,200 resistance zone, it might face renewed selling pressure. Immediate support is seen near $62,400, followed by the crucial $62,000 level. A close below $62,000 could trigger a decline towards $61,200 and potentially lead to further losses towards the $60,600 support zone. Technical Indicators: - Hourly MACD – The MACD is showing bullish momentum. - Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently above the 50 level, indicating positive momentum. - Key Support Levels – $62,000, followed by $60,600. - Key Resistance Levels – $63,000, $63,200, and $64,350. #CryptoTrends2024 #cryptocurrency #BinanceSquareBTC $BTC
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💥💥💥 #Dogecoin‬⁩ : How Many Holders Are in the Green? Dogecoin (DOGE), the #cryptocurrency born from internet meme culture, has been a rollercoaster ride for investors in recent times. With its recent rejection from the high of $0.165, doubts arise about the profitability of $DOGE holders amidst the market's fluctuations. At the moment, the asset is trading at $0.1441, experiencing a 3% drop from its peak on May 6. This marks a 12% decline since then, erasing much of the gains it made in March and leaving investors cautious about its future trajectory. Yet, amid this volatility, a recent report sheds light on DOGE's investor landscape. Surprisingly, over 83% of DOGE holders find themselves in profit, according to data from IntoTheBlock. This resilience demonstrates the community's ability to navigate market swings and maintain profitability, particularly for those who entered the market before its surge to $0.16. In comparison, DOGE surpasses its competitor, Shiba Inu ($SHIB ), in terms of profitability. While DOGE boasts an impressive 83% of HODLers in profit, SHIB lags behind with only 60% seeing gains. This contrast highlights DOGE's stronger performance and the loyalty it commands from its investor base. Challenges and Optimism - However, it's important to acknowledge that 13% of Dogecoin holders are currently facing losses. For these investors, the recent downturn may raise concerns, especially if they entered at the peak. Nevertheless, DOGE's historical resilience and dedicated community offer hope for a potential recovery in the future. - Furthermore, as the market evolves, monitoring DOGE HODLers' profitability provides valuable insights into the longevity of the OG meme coin. While volatility remains a constant, the enthusiasm of the Dogecoin community serves as a testament to its growth potential. Source - Watcher Guru #cryptocurrency #CryptoMarkets #BinanceSquareTalks
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