#btc70k Celebrating🎊🎊🍾 Bitcoin Pizza Day with a nod to | citu on Binance Square

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Celebrating🎊🎊🍾 Bitcoin Pizza Day with a nod to innovation! Just as Bitcoin  revolutionized payments

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#MarketDownturn #Babylon_Mainnet_Launch Testnet Babylon Babylon's testnet is built on BTC Signet, a test network for Bitcoin that uses the same proof-of-work (PoW) consensus as the Bitcoin mainnet. As such, there are no real Bitcoins staked on this testnet, rather only Bitcoin Signet which can be obtained for free through faucets. To participate in the Babylon testnet, users need to download browser extensions from OKX and Keplr wallets, which support the Solana network, on which the Babylon protocol is built. In addition, users also need to acquire Bitcoin Signet through Signet Faucet and Babylon testnet token (BBN) through Babylon's Discord faucet channel. Users who mint Bitcoin Signet and BBN on the Babylon testnet will be rewarded with a "bitcoin pioneer pass NFT", a non-fungible token that demonstrates their participation in the testnet. The pass has a limited supply and a claim period that runs from February 28 to March 5. The pass will also give access to some exclusive features that will be announced later.

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#BTC_MarketPanic_Dip #RecessionOrDip? Bitcoin plunges to multi-month lows, wiping out over $220 billion in value amid recession fears (BTC), the world's largest cryptocurrency by market value, plunged to multi-month lows on Monday as concerns over a potential US recession, fueled by disappointing economic data, spurred a rush to safe-haven assets. Bitcoin has plummeted to around $53,000, marking a significant decline, while Ether has also turned negative for 2024, reflecting broader concerns in the crypto sector. This downturn is driven by regulatory pressures, adverse macroeconomic factors like weak US job data, and the Japanese stock market crash. Investors, fearing a prolonged bearish trend, are reacting with increased volatility and panic," said CoinSwitch Markets Desk.

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#BinanceHODLerBANANA #US_Job_Market_Slowdown US unemployment rate hits 4.3% in July as job growth slows considerably The increase in the unemployment rate from 4.1 per cent in June marked the fourth straight monthly increase, the U.S. Labor Department reported on Friday. It has risen from a five-decade low of 3.4 per cent in April 2023. The labor market is slowing, driven by weak hiring, rather than layoffs, as the Federal Reserve's interest rate hikes in 2022 and 2023 weigh on demand. "The latest snapshot of the labor market is consistent with a slowdown, not necessarily a recession," said Jeffrey Roach, chief economist at LPL Financial. "However, early warning signs suggest further weakness. If the labor market weakens further, markets will likely price in three cuts this year." Nonfarm payrolls increased by 114,000 jobs last month after rising by a downwardly revised 179,000 in June, the Labor Department's Bureau of Labor Statistics said. Economists polled by Reuters had forecast payrolls would advance by 175,000 jobs after a previously reported gain of 206,000 in June.

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$SOL $AVAX One Ethereum Rival Following in the Footsteps of Solana’s (SOL) The smart contract platform Avalanche (AVAX) is following SOL with “muscle memory, long and strong.” AVAX has entered its “final setup,” AVAX will rally after reclaiming a key support level at $27.Inmortal is also bullish on Solana itself. SOL will eventually rally above its diagonal resistance and surge to $260 in September of this year. #ETH_ETFs_Trading_Today #Solana_Blockchain #Avax🔥🔥

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$SOL $ETH Bitcoin, Ethereum, Solana and Crypto Markets Look Ready To ‘Send’ As Stars Align The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that several catalysts are now lining up, hinting that digital asset markets are on the verge of a rally. According to Burniske, a partner at venture capital firm Placeholder, the highly anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump speaking at an upcoming Bitcoin event and the current state of BTC, ETH, and SOL charts all suggest major bullishness for crypto markets. #ETH_ETF_Approval_23July #SOFR_Spike

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