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WORLD UPPER CRYPTO
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The only way to predict the future is to build it. Let's build it with crypto.
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🚀 Babylon Launches Bitcoin Staking on Self-Custodial Mainnet 🚀$BTC 🌏⤴️🪙 🔓 Phase 1 of Bitcoin staking mainnet goes live 🔓 📈 Over 12,720 stakers join the platform 📈 🤝 20,610 staking delegations created 🤝 🔒 Self-custodial staking script: 🔑 Trustless and secure 🔒 No intermediaries required 🔑 BTC holders maintain control over their Bitcoin 📈 Staking benefits: 💰 Earn rewards from PoS protocol 🔒 Provide voting power and secure the network 🔓 Key advantages: 🔒 Decentralized and self-custodial 🔑 Bitcoin holders maintain control 📈 Expand Bitcoin's use cases beyond store of value and payment 📊 Takeaways: 📈 Babylon's Bitcoin staking mainnet is live and growing 📈 🔒 Self-custodial staking provides security and control 🔒 📊 Stay updated on Babylon's developments and Bitcoin staking opportunities 📊
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📊 Bitcoin Addresses Holding 10+ BTC Recover from Q1 Decline 📊 $BTC Go ahead and CAST your VOTE😀👍🔥 📈 Starting 2024 with 155,500 addresses holding 10+ BTC 📈 📉 Q1 decline: number drops to 152,600 by late March 📉 🔄 Reversal in August: addresses holding 10+ BTC rise to 153,500 🔄 💸 Bitcoin's price stabilizes near $60,000, contributing to the increase 💸 📊 Key insights: 🔍 Increase in addresses holding 10+ BTC indicates growing investment and confidence 🔍 📈 Recovery from Q1 decline suggests market resilience 📈 💡 Stabilizing Bitcoin price attracts investors and supports growth 💡 📊 Takeaways: 📈 Keep an eye on Bitcoin address growth and market trends 📈 💡 Understand the impact of price stability on investor confidence 💡 📊 Stay informed about Bitcoin's market dynamics and investor behavior 📊
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🚀 TON Blockchain Achieves Impressive Milestones 🚀$TON $NOT $LISTA 🌏⤴️🪙 📊 Ranked 7th among top blockchains by 7-day average revenue 📊 💸 Total Value Locked (TVL) surpasses $760 million 💸 📈 Surpasses other prominent blockchains in TVL 📈 🚀 Demonstrates impressive scalability: 📊 104,715 transactions per second in public test 📊 💥 Fast and efficient transaction processing 💥 🔥 Native token, Toncoin, sees significant growth: 📈 Market capitalization reaches $16.6 billion 📈 💸 Toncoin's value increases, attracting investors and users 💸 🔝 TON's success highlights: 🚀 Scalability and speed in blockchain technology 🚀 💡 Innovative solutions for efficient transaction processing 💡 📈 Growing adoption and investment in TON ecosystem 📈 🔜 Keep an eye on TON's continued growth and development 🔜
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🚨 Binance Founder CZ Update 🚨 $BTC #BinanceSquareFamily #BinanceLaunchpoolDOGS #MtGoxRepayments 👨💼 Changpeng "CZ" Zhao, Binance founder, sentenced to 4 months in prison 👨💼 📆 Release date set for September 29, 2024 📆 📍 Currently at Federal Co
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🚨 Bitcoin Network Sees Fee Spike: Understanding the Cause and Effect 🚨 $BTC 🌏⤴️🪙 📈 Fees surge from 0.5 BTC to 60 BTC per hour, a significant increase 📈 🔍 The primary cause: transactions sending BTC to stake in the new Babylon protocol 🔍 📊 The total staking size was limited to 1,000 BTC, creating a temporary rush among users to secure a spot 📊 💸 Each staking transaction costs users around 0.05 BTC, contributing to the fee spike 💸 📉 Once the staking limit was reached, fees and transactions began to return to normal, indicating a temporary anomaly 📉 📊 This event highlights the impact of: 📈 High demand on network fees, as users compete for limited staking spots 📊 Limited supply (staking size) on transaction costs, driving up fees 🔍 Insights: 📊 Network congestion can drive up fees, as seen in this scenario 📈 Temporary spikes can occur due to specific events, like the Babylon protocol staking 📊 Bitcoin's decentralized nature means fees can fluctuate rapidly, influenced by network activity 📊 Understanding these dynamics helps users prepare for potential fee increases 📊 Takeaways: 📈 Keep an eye on Bitcoin network activity and events to anticipate fee fluctuations 📊 Plan transactions accordingly, considering potential fee spikes 📊 Stay informed about new protocols and their impact on the Bitcoin network 📊
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