The Dubai government issued a full license #VASP for #Binan | BALU on Binance Square

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The Dubai government issued a full license #VASP  for #Binance Holdings after ex-CEO of the exchange Changpeng Zhao relinquished control of the platform in the jurisdiction.
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📈 As long as the price remains above $61,700, we are not considering a move lower. The nearest resistance zone is $64,400-$64,600. If it breaks and holds, the next target is $67,200-$67,400. Surpassing and consolidating above this level will reopen the path to the all-time high (ATH). ⚠️ There is still no safe entry point, but it will emerge. Keep an eye on how the price reacts to these zones. 🙏 #Bitcoin #BTC

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Доллар сдал позиции? За какую валюту чаще всего покупают "биткоин" Недавние данные показывают, что в начале 2024 года южнокорейский вон стал основной валютой для покупки криптовалют, опередив американский доллар. Объем торгов вонами на криптобиржах превысил 456 миллиардов долларов, в то время как объем торгов в долларах США составил 445 миллиардов долларов. Это свидетельствует о растущем влиянии Южной Кореи на мировом рынке криптовалют. #binance #Bitcoin #dollar

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Surge in Interest in #Runes Leads to Sharp Rise in #Bitcoin Transaction Fees A recent frenzy surrounding the Runes protocol has caught the attention of the cryptocurrency community and has resulted in a significant increase in transaction fees on the Bitcoin network. The average transaction fee in the Bitcoin network (7DMA) surpassed $16, reflecting heightened demand and user activity in anticipation of the launch of this promising protocol. Runes was introduced by Bitcoin developer and Ordinals creator Casey #Rodarmor in September 2023. It promises to revolutionize the creation of interchangeable tokens on the blockchain of the original cryptocurrency. Unlike standards like BRC-20, Runes utilizes the UTXO model, which is expected to prevent network congestion and ensure high efficiency and security of operations. Rodarmor claims that while the protocol is designed for degenerative and meme tokens, it boasts simplicity and efficiency, making it a significant competitor to projects such as Taproot Assets and RGB. He plans to commence Runes' operations after the upcoming Bitcoin halving. With the growing interest in Runes, the cryptocurrency community is increasingly focusing on innovative solutions in token creation and management on the Bitcoin blockchain. The protocol's launch is expected to attract even more attention and could be a pivotal moment in the development of the Bitcoin ecosystem in the near future.

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#Tether announces structural reorganization: New divisions and new opportunities Tether, the leading developer of the #USDT stablecoin, has announced significant changes to its corporate structure aimed at expanding its sphere of influence and creating new opportunities in the digital assets space. According to the company's official statement, Tether will now operate as a conglomerate consisting of four key business divisions: 1. Tether Data: Development of innovative technologies such as artificial intelligence and peer-to-peer exchange platforms. 2. Tether Finance: Provision of financial services for digital assets. 3. Tether Power: Development of sustainable mining and bitcoin energy solutions. 4. Tether Edu: Increasing awareness of digital assets and advanced technologies through educational programs. The restructuring of Tether's company structure reflects its ambition to expand beyond the USDT #stablecoin and to create new opportunities in the digital assets space. The new divisions will work together to achieve the common goal of promoting development and innovation in the world of finance and technology.

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As the #Bitcoin network's halving event approaches, scheduled for April 20th, which will halve the block rewards and the influx of new coins, shares of major mining companies are experiencing a sharp decline, according to #TradingView data. Over the past five days, the stocks of Marathon Digital (MARA) and Riot Blockchain (RIOT) have dropped by 16% and 17% respectively. Similarly, shares of the Valkyrie Investment Company's WGMI ETF, which tracks mining stocks, have decreased by 11.2% over the same period. The majority of miners' revenue comes from block rewards, with transaction fees making up a minor portion. In March, industry companies saw record monthly revenue exceeding $2 billion, coinciding with Bitcoin hitting an all-time high of over $73,500 mid-month. Miners 🕵️ are banking on increased demand from new U.S. Bitcoin spot #ETFs✅ Currently, ETF issuers are buying an average of 2450 coins daily, while after the halving, the number of coins mined daily will decrease from 900 to 450. These factors combined could lead to a price increase due to high supply and low demand.

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