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S&P downgrades First Republic Bank $FRC rating to "junk." #sp500 #nasdaq #BTC #Binance #crypto2023
S&P downgrades First Republic Bank $FRC rating to "junk."
#sp500
#nasdaq
#BTC
#Binance
#crypto2023
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😱🔥The mystery of Worldcoin's highly anticipated announcement has been solved. Here are the Details Yesterday, #Worldcoin announced that it will make an important announcement by pointing to today, and will launch its own L2 chain, World Chain. The crypto project of OPENAI founder Sam Altman, Worldcoin, opened the secret of yesterday's announcement. The project announced that it will launch its own Layer 2 (second layer) chain in order to attract more users and increase efficiency. The name of the new L2 will be World Chain. “World Chain aims to increase capacity so that new people can continue to participate on a large scale and existing users can make transactions faster, cheaper and more reliable," the statement said.” it was said. Worldcoin has also been included in the Superchain, which is defined as a unified network consisting of L2 blockchain networks. Superchain also includes other chains such as Base, Mode, OP Mainnet and Zora. Worldcoin will be able to interact with these chains by joining Superchain. The World Chain is expected to be released in the summer. On the other hand, Worldcoin's token #WLD experienced a 10 percent increase after the announcement. This increase was short-lived due to the pullback in Bitcoin and was replaced by a decline. #binance #bitcoinhalving
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😱😱😱Economist Lyn Alden: Reaching $100 thousand in Bitcoin is not difficult US analyst #lynalden one of the macro economics experts, said that the target of 100 thousand dollars in Bitcoin is not difficult at all. Speaking to Blockworks, one of the well-known institutions of the cryptocurrency media, Alden also stated that there is currently a supply shock in Bitcoin. "Long-term investors do not want to sell” Noting that long-term investors are reluctant to sell their #BTC , Alden said that the current price remains low for this group of investors: “I think we are in the middle of the bull season. Most of the metrics I follow show this. I think the next 18 months are seriously positive. Bitcoin follows the global liquidity path well. As this liquidity increases, the price of Bitcoin will also increase. A supply shock is approaching, and we see that long-term investors with a large number of Bitcoins in their hands also do not want to sell right now. This price is cheap for them and they do not want to launch their valuable coins on the market. In the past, we have seen that as the price increases, older coins have entered more exchanges. At the moment, this number is very small...” "At least 100 thousand dollars is not difficult at all” Alden, who stated that he has been saying for a long time that there is an expectation of an increase in the price of Bitcoin, said, “As I said, the next 18-month period is bright in my opinion.... I would like to say the same for gold. I think that at least 100 thousand dollar price will be seen for Bitcoin during this period. If this level comes, it will not be a surprise for me at all,”he said. #bitcoinhalving #binance
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😱🔥Bitcoin halving comment from #Bitwise : Its impact is underestimated "Halving it is great for Bitcoin” In the analysis, the following statements were used, indicating that the halving of the reward definitely has a positive effect on the Bitcoin price in the end: “We do not have a lot of data on the short-term impact of the award halves on the price, except for 3 halves. So we can make some intuitive comments in the short term. But the long-term figures show that the halving is great for the Bitcoin price. Bitcoin price in a year after halving; 8839% in 2012 285% in 2016 it increased by 6% in 2020. Since market prices show short-term effects, we can also say that the long-term effects are actually underestimated by investors. Similarly, Bitcoin spot transaction volumes decreased by an average of 27.78% in the first month after being halved, but increased significantly by an average of 6,580.69% the following year.” "Miners get most of their income from transactions that they verify in Bitcoin. Therefore, halving these rewards may lead to the idea that halving is bad for miners. However, when looking at the data, it is seen that the miner's revenues increased by an average of 1458% in the year after the halving. And in the month after it was halved, there is a 46% decrease in the condition...” what did the big miners experience during the 2020 halving? The report also referred to the half in the last half year of 2020 and focused on the figures of major mining companies during this period: “the halving in 2020 was actually the first halving experienced by companies listed on the stock exchange in the United States. It is obvious that the revenues of Marathon Digital, Riot Platforms, Hut 8 and Bitfarms companies fell in the quarter after halving (by an average of 46%), but the increase in the Bitcoin price significantly increased the revenues of companies that started using more efficient machines and adapted to the network. later periods. The companies' share prices also performed strongly in the year after halving.” #bitcoinhalving #BTC
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GM Square Family 💛🙏 #Binance on my back always makes me feel safe and happy.😎👍 #BullorBear #BNB #BinanceSquare
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🔥💥Huge Increase in Shiba Inu Cremation Rate: Could SHIB Price Increase? #SHIB Burning Speed Is Taking Off The team behind the popular meme coin - #ShibaInu - continues to remove a significant amount of coins from circulation. The data shows that the burning rate has increased by almost 500% in the last 24 hours and by 193% on a weekly scale. This resulted in the destruction of more than 774 million SHIB assets. The ultimate goal of the program is to reduce the enormous supply of the coin and make it less and potentially more valuable in the future. April March saw the burn rate increase by 50,000% at one point, while the amount of tokens removed from circulation during March exceeded 15.5 billion (a 2,300% increase compared to the figure observed in February). Despite these efforts, the price of Shiba Inu has fallen by 8% in the last 24 hours and by 25% in a week (according to Coingecko's data). The downtrend coincides with a broader market decline, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and many other cryptocurrencies plunging of late. The Role of Shibarium Another important element that may positively affect the value of shib in the future is the development of Shibarium, a layer-2 scaling solution. The network has experienced a significant revival over the past few days, with the number of daily transactions and active accounts going north. Officially introduced last summer, the feature is designed to stimulate the development of the meme token by reducing transaction costs, increasing speed and increasing scalability. #Memecoins #binance
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