BinanceLockdown
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Bitcoin is really taking a hit! As everyone was predicting, it's dipping big time - the question on everyone's mind now is, will it bottom out at $55k or keep free-falling? Investors are on edge, some crossing their fingers for a rebound while others are preparing for the worst. The crypto market is always a wild ride, but this is getting intense! Will the Bitcoin bulls manage to turn things around or will the bears keep running the show? The next few days are gonna be super tense - let's see what happens next
#BitcoinHalvingTrends #BitcoinWarning #BinanceLockdown #Megadrop
#BitcoinHalvingTrends #BitcoinWarning #BinanceLockdown #Megadrop
🎉 Enjoy Instant Fee Discounts on Crypto Purchases and EUR Deposits! 🎉
📅 Activity Period: April 24, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC)
🚀 Binance is thrilled to introduce a new activity offering discounted transaction fees for eligible users!
💳 Eligible users can enjoy discounted transaction fees on their:
- First crypto purchase at the "Buy Crypto" page
- First EUR deposit using credit/debit cards (including Apple Pay and Google Pay)
⏰ During the Activity Period:
- Confirm your participation on the activity page
- Make your first eligible crypto purchase or EUR deposit
💰 Instant discount details:
- Discount equivalent to transaction fees incurred, capped at 5 USDT equivalent per transaction
- First-come, first-served basis
Don't miss out on this limited-time opportunity to save on transaction fees! Participate now and enjoy the benefits!
#BinanceLockdown #Token2049 #Megadrop #Megadrop 🌟
📅 Activity Period: April 24, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC)
🚀 Binance is thrilled to introduce a new activity offering discounted transaction fees for eligible users!
💳 Eligible users can enjoy discounted transaction fees on their:
- First crypto purchase at the "Buy Crypto" page
- First EUR deposit using credit/debit cards (including Apple Pay and Google Pay)
⏰ During the Activity Period:
- Confirm your participation on the activity page
- Make your first eligible crypto purchase or EUR deposit
💰 Instant discount details:
- Discount equivalent to transaction fees incurred, capped at 5 USDT equivalent per transaction
- First-come, first-served basis
Don't miss out on this limited-time opportunity to save on transaction fees! Participate now and enjoy the benefits!
#BinanceLockdown #Token2049 #Megadrop #Megadrop 🌟
📌𝗖𝗟𝗔𝗜𝗠 𝗙𝗥𝗘𝗘 𝗨𝗣𝗧𝗢 𝟭𝟬$ 𝗨𝗦𝗗𝗧/𝗣𝗘𝗣𝗘 𝗖𝗢𝗜𝗡 𝗥𝗘𝗪𝗔𝗥𝗗 𝗙𝗥𝗢𝗠 𝗠𝗬 𝗧𝗪𝗢 𝗣𝗜𝗡𝗡𝗘𝗗 𝗣𝗢𝗦𝗧𝗦💰💰...
🚨🔒 Breaking News Alert: $20 Billion Locked on Binance, Bitcoin Trading Halted! 🔒🚨
Locked Funds Alert! Shockwaves ripple through the crypto world as reports surface of a staggering $20 billion USD locked on Binance, one of the largest exchanges globally, sending shockwaves through the market and sparking concern among investors.
Unraveling the Mystery: The source and individuals behind this monumental transfer remain shrouded in mystery, leaving investors and analysts scrambling for answers and raising questions about the security of digital assets.
Global Ramifications: The implications extend far beyond Binance, casting a shadow of uncertainty over Russia's economy amid heightened tensions and the looming threat of financial instability.
Economic Turbulence: As doubts loom over Russia's economic resilience in the face of inaccessible crypto assets, concerns mount regarding its ability to weather potential financial storms.
Stay Vigilant: Keep a close eye on developments surrounding the locked funds on Binance, as they could have far-reaching implications for the crypto market and the global economy at large. Stay tuned for updates as the situation unfolds. 🌐💼
#BinanceLockdown #CryptoCrisis #GlobalFinance #StayAlert 🌍📉
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🚨🔒 Breaking News Alert: $20 Billion Locked on Binance, Bitcoin Trading Halted! 🔒🚨
Locked Funds Alert! Shockwaves ripple through the crypto world as reports surface of a staggering $20 billion USD locked on Binance, one of the largest exchanges globally, sending shockwaves through the market and sparking concern among investors.
Unraveling the Mystery: The source and individuals behind this monumental transfer remain shrouded in mystery, leaving investors and analysts scrambling for answers and raising questions about the security of digital assets.
Global Ramifications: The implications extend far beyond Binance, casting a shadow of uncertainty over Russia's economy amid heightened tensions and the looming threat of financial instability.
Economic Turbulence: As doubts loom over Russia's economic resilience in the face of inaccessible crypto assets, concerns mount regarding its ability to weather potential financial storms.
Stay Vigilant: Keep a close eye on developments surrounding the locked funds on Binance, as they could have far-reaching implications for the crypto market and the global economy at large. Stay tuned for updates as the situation unfolds. 🌐💼
#BinanceLockdown #CryptoCrisis #GlobalFinance #StayAlert 🌍📉
Follow | Like ❤️ | Quote 🔄 | Comment
Unleashing Rune Power: A Dominant Force in Bitcoin Transactions - But Can It Sustain Miners?
1. The emergence of Bitcoin Runes as the predominant token standard on the Bitcoin network, facilitating approximately 70% of all transactions.
2. Data indicates a staggering 3.38 million Rune transactions processed to date, reaching a peak of 750,000 in a single day on April 23.
3. The surge in Rune demand is attributed to memecoin and NFT enthusiasts utilizing them to encode "rare satoshis".
4. Initially responsible for 72% of miner fees, Runes now maintain a share of approximately 18.89%, surpassing Ordinals and BRC-20s.
5. Concerns among developers regarding Rune-induced network congestion and potential deviation from Bitcoin's original purpose, reminiscent of Ordinals' impact.
Surging Rune Transactions
Dune Analytics data reveals a significant surge in Bitcoin Runes transactions, exceeding 3.38 million thus far, with figures continuously escalating by the minute.
Additionally, an impressive 1.8 million Rune mints have been recorded, consolidating Rune's dominance with an average share of around 70% of all Bitcoin transactions this week. This surge notably diminished the influence of regular Bitcoin transactions, relegating them to a mere 19% dominance on April 23.
In contrast, Ordinals and BRC-20s lagged significantly, capturing only 0.1% and 0.2% of the share, respectively. The peak of Rune transactions peaked at approximately 750,000 processed in a single day, a record achievement that has since halved by Thursday of this week.
Memes and Rare Satoshis
The burgeoning demand for Runes is primarily fueled by their association with innovative Bitcoin-based technology. Notably, enthusiasts, particularly those involved in memecoins and NFTs, eagerly engage with the Runes protocol to inscribe what they term "rare satoshis".
These "rare satoshis", also known as "Rare Sats", possess unique properties, such as being the initial satoshis mined within a block. For deeper insight, the Rodarmor Rarity Index on Magic Eden provides valuable context.
Miners and Fee Dynamics
Following the Bitcoin halving event, miners experienced a surge in activity coinciding with the launch of the Runes protocol. Initially, Rune transactions contributed over 72% to miner fees, highlighting their significant impact.
However, this figure has since stabilized to approximately 18.89%, surpassing Ordinals and BRC-20s. Nevertheless, concerns akin to the Ordinals war of 2023 have surfaced, with some developers, including Nikita Zhavoronkov of Blockchair, expressing reservations.
Zhavoronkov fears that Bitcoin's foundational principles are being compromised, shifting away from Nakamoto's vision of a peer-to-peer cash system. The trajectory of Bitcoin Runes remains uncertain, with its potential to either alleviate miner concerns or exacerbate existing blockchain congestion subject to speculation.
Conclusion
While Bitcoin Runes hold promise as an efficient token minting solution, their long-term impact on the Bitcoin network remains uncertain. Whether they alleviate miner concerns or contribute to blockchain congestion is a matter of ongoing debate. Only time will reveal the true implications of Bitcoin Runes in the crypto ecosystem.
$BTC
#VOC #VoiceOfCrypto #CryptoNews🚀🔥V #CryptocurrencyAlert #BinanceLockdown
2. Data indicates a staggering 3.38 million Rune transactions processed to date, reaching a peak of 750,000 in a single day on April 23.
3. The surge in Rune demand is attributed to memecoin and NFT enthusiasts utilizing them to encode "rare satoshis".
4. Initially responsible for 72% of miner fees, Runes now maintain a share of approximately 18.89%, surpassing Ordinals and BRC-20s.
5. Concerns among developers regarding Rune-induced network congestion and potential deviation from Bitcoin's original purpose, reminiscent of Ordinals' impact.
Surging Rune Transactions
Dune Analytics data reveals a significant surge in Bitcoin Runes transactions, exceeding 3.38 million thus far, with figures continuously escalating by the minute.
Additionally, an impressive 1.8 million Rune mints have been recorded, consolidating Rune's dominance with an average share of around 70% of all Bitcoin transactions this week. This surge notably diminished the influence of regular Bitcoin transactions, relegating them to a mere 19% dominance on April 23.
In contrast, Ordinals and BRC-20s lagged significantly, capturing only 0.1% and 0.2% of the share, respectively. The peak of Rune transactions peaked at approximately 750,000 processed in a single day, a record achievement that has since halved by Thursday of this week.
Memes and Rare Satoshis
The burgeoning demand for Runes is primarily fueled by their association with innovative Bitcoin-based technology. Notably, enthusiasts, particularly those involved in memecoins and NFTs, eagerly engage with the Runes protocol to inscribe what they term "rare satoshis".
These "rare satoshis", also known as "Rare Sats", possess unique properties, such as being the initial satoshis mined within a block. For deeper insight, the Rodarmor Rarity Index on Magic Eden provides valuable context.
Miners and Fee Dynamics
Following the Bitcoin halving event, miners experienced a surge in activity coinciding with the launch of the Runes protocol. Initially, Rune transactions contributed over 72% to miner fees, highlighting their significant impact.
However, this figure has since stabilized to approximately 18.89%, surpassing Ordinals and BRC-20s. Nevertheless, concerns akin to the Ordinals war of 2023 have surfaced, with some developers, including Nikita Zhavoronkov of Blockchair, expressing reservations.
Zhavoronkov fears that Bitcoin's foundational principles are being compromised, shifting away from Nakamoto's vision of a peer-to-peer cash system. The trajectory of Bitcoin Runes remains uncertain, with its potential to either alleviate miner concerns or exacerbate existing blockchain congestion subject to speculation.
Conclusion
While Bitcoin Runes hold promise as an efficient token minting solution, their long-term impact on the Bitcoin network remains uncertain. Whether they alleviate miner concerns or contribute to blockchain congestion is a matter of ongoing debate. Only time will reveal the true implications of Bitcoin Runes in the crypto ecosystem.
$BTC
#VOC #VoiceOfCrypto #CryptoNews🚀🔥V #CryptocurrencyAlert #BinanceLockdown
🚨 Breaking News Alert 🚨
$20 Billion Locked on Binance, Halting Bitcoin Trading!
Shockwaves hit the crypto world as $20 billion USD remains locked on Binance, one of the largest exchanges.
The mystery deepens as the source of this massive transfer remains shrouded in uncertainty, leaving investors and analysts clamoring for answers.
The ripple effects extend globally, casting doubt on Russia's financial stability and its handling of economic challenges.
Concerns mount over the resilience of Russia's economy as inaccessible crypto assets raise doubts.
Stay vigilant for updates on the locked funds, as they could have significant implications for both the crypto market and the global economy. 🌐 #BreakingNews #BinanceLockdown
$20 Billion Locked on Binance, Halting Bitcoin Trading!
Shockwaves hit the crypto world as $20 billion USD remains locked on Binance, one of the largest exchanges.
The mystery deepens as the source of this massive transfer remains shrouded in uncertainty, leaving investors and analysts clamoring for answers.
The ripple effects extend globally, casting doubt on Russia's financial stability and its handling of economic challenges.
Concerns mount over the resilience of Russia's economy as inaccessible crypto assets raise doubts.
Stay vigilant for updates on the locked funds, as they could have significant implications for both the crypto market and the global economy. 🌐 #BreakingNews #BinanceLockdown
What is a Bitcoin ?
Bitcoin (not Bitcoin) is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Benefits of Bitcoin:
1. Decentralization: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it.
2. Security: Bitcoin transactions are secured by advanced cryptography and a public ledger called the blockchain.
3. Speed: Bitcoin transactions are fast and global, with no borders or restrictions.
4. Low fees: Transaction fees are significantly lower compared to traditional payment systems.
5. Limited supply: There will only ever be 21 million Bitcoins in existence, preventing inflation.
6. Pseudonymity: Bitcoin transactions are pseudonymous, offering a level of privacy and anonymity.
7. Immutable: Transactions on the blockchain are immutable, meaning they cannot be altered or deleted.
8. Accessibility: Anyone with an internet connection can use Bitcoin, regardless of their location or financial status.
9. Investment: Bitcoin has seen significant growth and is considered a popular investment opportunity.
10. Autonomy: Bitcoin gives users full control over their money and transactions, without relying on intermediaries.
Remember, Bitcoin is a volatile market, and investing in it carries risks. Always do your research and consult with a financial advisor before making investment decisions.
#BitcoinHalvingTrends #bitcoin #BinanceLaunchpool
#ScamRiskWarning
#Bitcoin_Bangla #BinanceLockdown
Bitcoin (not Bitcoin) is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Benefits of Bitcoin:
1. Decentralization: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it.
2. Security: Bitcoin transactions are secured by advanced cryptography and a public ledger called the blockchain.
3. Speed: Bitcoin transactions are fast and global, with no borders or restrictions.
4. Low fees: Transaction fees are significantly lower compared to traditional payment systems.
5. Limited supply: There will only ever be 21 million Bitcoins in existence, preventing inflation.
6. Pseudonymity: Bitcoin transactions are pseudonymous, offering a level of privacy and anonymity.
7. Immutable: Transactions on the blockchain are immutable, meaning they cannot be altered or deleted.
8. Accessibility: Anyone with an internet connection can use Bitcoin, regardless of their location or financial status.
9. Investment: Bitcoin has seen significant growth and is considered a popular investment opportunity.
10. Autonomy: Bitcoin gives users full control over their money and transactions, without relying on intermediaries.
Remember, Bitcoin is a volatile market, and investing in it carries risks. Always do your research and consult with a financial advisor before making investment decisions.
#BitcoinHalvingTrends #bitcoin #BinanceLaunchpool
#ScamRiskWarning
#Bitcoin_Bangla #BinanceLockdown
What is today’s insight, what else can you say about crypto🤔. Do you really believe in life after death, if yes, then you have to believe that cryptocurrency have the ability of losing it value and regain it back.
Crypto can fall from $10 to $1 and when regaining, it will regain higher than you are expecting. ENA is dropping and it doesn’t mean it will never come back to shape. It just like BTC in 2013. In early April The price per BTC dropped from $266 to around $50 and then rose to around $100. The price quickly rebounded, returning to $200 several weeks later. The latest run went from $200 on 3 November to $900 on 18 November.
BTC passed $1000 in the same year 2013. The power of crypto 🚀. Do not allow greed to earn make you lose your asset, just because the coins you’re holding are dropping and you rush to sale them, this make you lose instead of earning. For instance you have $100 and it dropped to $99, then you rushed and sale it at that rate, you lose $1 instead of earning it.
Patience it the key to success. Wait for a perfect time to sale even if it take you a years. Always remember you are here to earn not lose 👂.
#BinanceLockdown #Token2049
Crypto can fall from $10 to $1 and when regaining, it will regain higher than you are expecting. ENA is dropping and it doesn’t mean it will never come back to shape. It just like BTC in 2013. In early April The price per BTC dropped from $266 to around $50 and then rose to around $100. The price quickly rebounded, returning to $200 several weeks later. The latest run went from $200 on 3 November to $900 on 18 November.
BTC passed $1000 in the same year 2013. The power of crypto 🚀. Do not allow greed to earn make you lose your asset, just because the coins you’re holding are dropping and you rush to sale them, this make you lose instead of earning. For instance you have $100 and it dropped to $99, then you rushed and sale it at that rate, you lose $1 instead of earning it.
Patience it the key to success. Wait for a perfect time to sale even if it take you a years. Always remember you are here to earn not lose 👂.
#BinanceLockdown #Token2049
URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping below the level only twice — once on March 5 and during a brief period between April 17 and April 19.
Although Bitcoin briefly surpassed $70,000 multiple times in March and April, the URPD metric reveals a significant accumulation of supply between $60,000 and $65,000 — with BTC trading within this range for the past two weeks.
Approximately 7% of the total supply is concentrated within this range as of April 26, based on Glassnode data.
#bitcoin #BinanceLockdown #coinlaunch #Follow_Like_Comment
Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping below the level only twice — once on March 5 and during a brief period between April 17 and April 19.
Although Bitcoin briefly surpassed $70,000 multiple times in March and April, the URPD metric reveals a significant accumulation of supply between $60,000 and $65,000 — with BTC trading within this range for the past two weeks.
Approximately 7% of the total supply is concentrated within this range as of April 26, based on Glassnode data.
#bitcoin #BinanceLockdown #coinlaunch #Follow_Like_Comment