Our all predictions about $SOL got true... 🤩😍🚀🚀🚀... F | MarsNext on Binance Square

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Our all predictions about $SOL got true... 🤩😍🚀🚀🚀...
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💥💥💥 524,701% Profit on #bitcoin☀️ Celebrated by Whale🐳🐳🐳After 11.8 Years of Inactivity Dormant Bitcoin Wallet Returns, Revealing Massive Profits - Whale Alert, a popular blockchain tracker, has reported that a long-dormant Bitcoin wallet has been reactivated after 11.8 years. This wallet, last touched in 2012, holds 37 BTC, which have appreciated substantially since then. Ancient Wallet’s Remarkable Profit Surge - When the #wallet🔥 was last active, Bitcoin was valued at just $476. As of July 2024, the value of this $BTC has soared to $2,498,054, representing an astonishing profit growth of 524,701%. This dramatic increase underscores the incredible returns that early Bitcoin holders have seen. Surge in Dormant Wallet Reactivations - Whale Alert has also highlighted other dormant Bitcoin wallets reawakening, each containing millions in BTC. These reactivations often occur when owners finally locate their private keys, having lost track of them or forgotten about their holdings. - In some cases, holders have simply waited patiently as Bitcoin’s value steadily increased over the past decade, only recently deciding to realize their profits. Bitcoin's Recent Milestones - This year, Bitcoin reached a new all-time high of $73,750 on March 14, driven by two key factors. The first was a significant buying spree by spot BTC ETFs, which acquired approximately 10,000 BTC per week starting in January. The second was the anticipation of Bitcoin’s fourth halving event, which took place on April 20 and reduced miners' block rewards from 6.25 BTC to 3.125 BTC. - These events have contributed to Bitcoin’s remarkable growth, illustrating the potential for substantial returns on early investments in the cryptocurrency. Source - u.today #CryptoTrends2024 #BinanceSquareBTC #CryptoMarkets

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🔥🔥🔥 #bitcoin☀️ or Monero? We asked ChatGPT-4o which is the best buy for this bull market cycle Bitcoin vs. Monero: A Comparative Analysis by #chatGPT-4 As the cryptocurrency bull market gains momentum, Finbold consulted ChatGPT-4 for an analysis of Bitcoin ($BTC ) and Monero (XMR). Here's a concise breakdown of both cryptocurrencies, examining their fundamentals, supply and demand dynamics, and growth potential. Bitcoin’s Market Dominance - Current Price: $68,192 (near ATH of $73,800) - Strengths: Leading market position, institutional support, recognition as a store of value. - Supply: Fixed at 21 million coins with regular halving events, contributing to scarcity and potential price appreciation. Monero’s Growth Potential - Current Price: $163 (ATH of $517) - Strengths: Strong privacy features, dedicated development community. - Utility: Increasingly used as a medium of exchange on gift card platforms and darknet markets. Unique Characteristics and Future Prospects - Bitcoin: Known as "digital gold," adopted by institutions and countries as legal tender, high liquidity, large market cap, relatively stable investment. - Monero: Focuses on privacy and anonymity, dynamic supply model with tail emission, potential regulatory concerns. Risk vs. Reward - Bitcoin: Offers safer investment with moderate but stable returns, lower risk, strong institutional backing, suitable for risk-averse investors. - Monero: Potential for higher risk-adjusted returns, higher volatility, potential regulatory challenges, could outperform in a bull market. Final Thoughts Both Bitcoin and Monero have strong fundamentals but cater to different investor profiles. Staying informed about market conditions and regulatory developments is crucial for making informed investment decisions. Source - finbold.com #CryptoTrends2024 #BinanceSquareBTC

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💥💥💥 Solana ($SOL ) Flips $BNB , Becoming 4th Biggest Cryptocurrency Solana Surges to Fourth Spot on CoinMarketCap, Surpassing BNB - Solana (SOL) has climbed to the fourth position on CoinMarketCap, surpassing Binance Coin (BNB). Both cryptocurrencies are currently valued at $84.8 billion, with SOL holding a slight edge. Impressive Price Performance - The price of SOL has surged by 8% over the past 24 hours, significantly outperforming the broader market. According to cryptocurrency analytics platform Santiment, Solana and BNB are now expected to remain in "close proximity" to each other. Bullish Momentum for Solana - Solana, often dubbed the leading "Ethereum killer," is experiencing bullish momentum following a 35% price jump over the past two weeks. This surge has been partly fueled by Solana's central role in the recent meme coin frenzy. Pump.fun, a meme coin generator powered by Solana's proof-of-stake blockchain, has already facilitated the launch of over a million tokens. Institutional Interest - The fourth-largest cryptocurrency might also see growing institutional adoption. Investment firm VanEck has filed to launch a spot Solana-based ETF, and 21Shares has made a similar proposal. However, these products are unlikely to receive approval from the SEC this year. Broader Market Rally - In the broader market, #bitcoin☀️ has surpassed the $68,000 level, with its market cap swelling to nearly $1.35 trillion. Other major cryptocurrencies are also experiencing gains. Dogecoin, the leading meme coin, recorded a double-digit price jump, reflecting the overall bullish sentiment in the crypto market. Source - u.today #CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets

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👉👉👉 Are PoS networks really more expensive to attack than PoW? The Cost Dynamics of Attacking PoS vs. PoW Networks: Insights from #BITMEX Renting vs. Buying: Cost Dynamics Attacking a PoW Network - Controlling 51% of Bitcoin’s mining power costs about $2 billion annually, considering miners’ annual earnings of $10 billion and a 20% premium to entice them. Attacking a PoS Network - Controlling enough staked Ethereum costs around $1.2 billion annually, given #stakers ' earnings of $3 billion and needing only a third of the total stake to disrupt the network. Comparative Perspective - BitMEX notes that the cost to attack PoS and PoW networks is comparable when normalized for market capitalizations, challenging the belief that PoS is inherently harder to attack. Permanent Threats: Buying and Building PoW Networks - Permanent attacks require buying and maintaining 51% of mining hardware, involving continuous billion-dollar expenditures over years. PoS Networks - Acquiring a third of staked Ethereum might cost around $100 billion, potentially triggering a market surge and making the attack counterproductive. It involves a significant one-time investment rather than ongoing expenses. Confiscation Risks and Real-World Anchors PoW Systems - Mining hardware is vulnerable to physical confiscation. PoS Systems - Stakes can be moved across borders easily, reducing confiscation risks, as moving a private key is undetectable. Vulnerabilities in Both Systems - Both PoW and PoS have vulnerabilities: PoS networks could be destroyed by controlling significant stakes, while PoW networks might recover as mining hardware degrades. Conclusion BitMEX concludes that while PoS lacks a real-world anchor, making it potentially more susceptible to certain attacks, both PoW and PoS require strategic considerations for long-term security and stability. Source - cryptopolitan.com #CryptoTrends2024 #BinanceSquareTrends

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💥💥💥 #bitcoin☀️ Bears' Big Break: #HongKong Launches Inverse ETF Hong Kong Launches Asia's First Inverse #BitcoinETF💰💰💰 Amid Crypto Market Developments As the crypto world buzzes with the introduction of spot Ether ETFs in the US, Hong Kong has made waves with the launch of Asia’s first inverse Bitcoin ETF. Managed by CSOP Asset Management, one of China’s largest asset managers, this new fund allows investors to profit from declining Bitcoin prices. Tristan Frizza, founder of Zeta Markets, commented on the significance of such financial instruments: “By enabling bets against the market, financial products like this can help balance speculative activities and contribute to long-term market stability. This is crucial for the maturation of the crypto sector and for the acceptance of crypto as a legitimate investment asset,” he told Cointelegraph. In other news, some exchanges are making a comeback. Bitforex, which was flagged as “suspicious” by the SFC in March 2024 and subsequently froze withdrawals, has reappeared after a five-month hiatus. On July 19, Bitforex announced on X that their team had been detained and investigated by Chinese authorities, which had rendered the platform and users' assets inaccessible. The exchange indicated that it has been authorized to “reopen soon,” though initially, services will be restricted to withdrawals. Source - cointelegraph.com #CryptoTrends2024 #BinanceSquareBTC

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