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Ethena Announces 750 Million ENA Airdrop
Ethena is joining the ranks of decentralized finance protocols that organize airdrops for their users. The protocol, which seeks to build a decentralized finance bond system outside the banking system and produce a dollar-pegged synthetic token, announced the launch of its governance token ENA.
The allocation of 750 million ENA, constituting 5% of the total supply, will be made according to each user’s activity in the protocol. This will be determined by the number of shards received by each user during the previous 6-week shard campaign.
While small holders will receive their ENA airdrop without vesting, the 2000 largest wallets holding ENA will receive only half of their allocation on the day of the airdrop. The other half will be distributed in a 6 month vesting period subject to the users holding at least the same amount of USDE, Ethena’s synthetic dollar, as they did when the airdrop snapshot was taken.
#ENALAUNCHPOOL #ENA #ENA/USDT
Ethena is joining the ranks of decentralized finance protocols that organize airdrops for their users. The protocol, which seeks to build a decentralized finance bond system outside the banking system and produce a dollar-pegged synthetic token, announced the launch of its governance token ENA.
The allocation of 750 million ENA, constituting 5% of the total supply, will be made according to each user’s activity in the protocol. This will be determined by the number of shards received by each user during the previous 6-week shard campaign.
While small holders will receive their ENA airdrop without vesting, the 2000 largest wallets holding ENA will receive only half of their allocation on the day of the airdrop. The other half will be distributed in a 6 month vesting period subject to the users holding at least the same amount of USDE, Ethena’s synthetic dollar, as they did when the airdrop snapshot was taken.
#ENALAUNCHPOOL #ENA #ENA/USDT
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code..
#btc #binance #bnb
#btc #binance #bnb
What is a Bitcoin block halving event?
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
Why was this done?
Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Bitcoin's case, the total supply will be maxed out at 21,000,000 BTC. Printing extra money causes inflation, if there is no extra money printed, the value of the Bitcoin should increase as the demand will rise (more people will start to use Bitcoin) and supply will lower or stay flat (no more Bitcoins are "printed"). This makes Bitcoin similar to gold, which has limited supply and cannot be "printed" or artificially created.
#BinanceSquare #Binance #BTC
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
Why was this done?
Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Bitcoin's case, the total supply will be maxed out at 21,000,000 BTC. Printing extra money causes inflation, if there is no extra money printed, the value of the Bitcoin should increase as the demand will rise (more people will start to use Bitcoin) and supply will lower or stay flat (no more Bitcoins are "printed"). This makes Bitcoin similar to gold, which has limited supply and cannot be "printed" or artificially created.
#BinanceSquare #Binance #BTC
Polygon Network is currently consolidating before a big move. The price of the native asset of the Polygon network, MATIC, has remained sideways this week as Bitcoin price kept fondling with the $28,000 level. Nevertheless, Polygon price is still 2.14% up for the week.
Here are some of the price predictions for Polygon in 2023:
CryptoNewZ: $0.85 - $2.07
Bitnation: $6.60
It is important to note that these are just predictions and the actual price of MATIC could be higher or lower
Here are some of the price predictions for Polygon in 2023:
CryptoNewZ: $0.85 - $2.07
Bitnation: $6.60
It is important to note that these are just predictions and the actual price of MATIC could be higher or lower
2nd part....
Bitcoin Pizza Day is marked on May 22. It dates back to 2010, when computer developer Laszlo Hanyecz bought two pizzas for 10,000 bitcoin.
The first meme coin was pizza coin (PIZZA). It lasted for just eight minutes before developers altered the rate of sell tax so that investors were unable to divest their holdings. A total of 34 traders bought the token with a total loss of 0.9892 ETH ($1,800).
Seemingly unperturbed, investors then flocked to tokens named bitcoin pizza and pizza inu, ending up with losses of more than $12,000 in total.
#binancepizza #Binance #BTC
Bitcoin Pizza Day is marked on May 22. It dates back to 2010, when computer developer Laszlo Hanyecz bought two pizzas for 10,000 bitcoin.
The first meme coin was pizza coin (PIZZA). It lasted for just eight minutes before developers altered the rate of sell tax so that investors were unable to divest their holdings. A total of 34 traders bought the token with a total loss of 0.9892 ETH ($1,800).
Seemingly unperturbed, investors then flocked to tokens named bitcoin pizza and pizza inu, ending up with losses of more than $12,000 in total.
#binancepizza #Binance #BTC
Bitcoin Pizza Day has taken a negative turn, with meme coin issuers profiting over $200,000 from pizza-related rug pulls on the 13th anniversary of what's thought to be the first commercial bitcoin transaction.
According to data from dextool's "live new pairs" section, there has been 14 pizza-related meme coins issued in the past 24 hours. Four have been confirmed as rug pulls, or schemes in which money is stolen from investors through any of a number of techniques. And at least five others are suspected of being so-called honey pots, in which an asset can be sold only to the contract creator, and purchasers are left holding tokens they can't get rid of.#binancepizza #Binance #BTC
According to data from dextool's "live new pairs" section, there has been 14 pizza-related meme coins issued in the past 24 hours. Four have been confirmed as rug pulls, or schemes in which money is stolen from investors through any of a number of techniques. And at least five others are suspected of being so-called honey pots, in which an asset can be sold only to the contract creator, and purchasers are left holding tokens they can't get rid of.#binancepizza #Binance #BTC
In 2010, Laszlo Hanyecz, a programmer, made history by purchasing two Papa John’s pizzas for 10,000 BTC. It was worth about $41 at the time.
This event holds great significance in the world of crypto and has become a widely celebrated event among crypto enthusiasts worldwide.
The story behind Bitcoin Pizza Day
First, let’s dive into the story behind Bitcoin Pizza Day. Laszlo Hanyecz was an early adopter of Bitcoin who recognized its potential as a currency for everyday transactions.
To put this theory to the test, he decided to buy something tangible using Bitcoin. And what did he choose? Pizza! Hanyecz posted an offer on a Bitcoin Talk forum, where he promised 10,000 BTC to anyone willing to buy him a couple of pizzas.
The significance of May 22nd and why it’s celebrated #binancepizza
This event holds great significance in the world of crypto and has become a widely celebrated event among crypto enthusiasts worldwide.
The story behind Bitcoin Pizza Day
First, let’s dive into the story behind Bitcoin Pizza Day. Laszlo Hanyecz was an early adopter of Bitcoin who recognized its potential as a currency for everyday transactions.
To put this theory to the test, he decided to buy something tangible using Bitcoin. And what did he choose? Pizza! Hanyecz posted an offer on a Bitcoin Talk forum, where he promised 10,000 BTC to anyone willing to buy him a couple of pizzas.
The significance of May 22nd and why it’s celebrated #binancepizza
Bitcoin is currently trading at $27,600 with a trading volume of $13.8 billion in the past 24 hours.
CoinMarketCap has ranked it as number one with a market capitalization of $536 billion.
However, Bitcoin is struggling to break the significant resistance at $27,700, which suggests a bearish sentiment may take over as the bulls struggle to breach the threshold.
Nevertheless, the trading range of Bitcoin remains between $27,250 and $27,700.
But wait, there's more!
#Binance #BTC #crypto2023
CoinMarketCap has ranked it as number one with a market capitalization of $536 billion.
However, Bitcoin is struggling to break the significant resistance at $27,700, which suggests a bearish sentiment may take over as the bulls struggle to breach the threshold.
Nevertheless, the trading range of Bitcoin remains between $27,250 and $27,700.
But wait, there's more!
#Binance #BTC #crypto2023
The cryptocurrency markets were trading in the red on Tuesday ahead of US inflation data. Bitcoin (BTC) declined 2.14% to $27,580 and Ethereum (ETH) was below the $1,850 level.
BTC volume stood at approximately $17.73 billion, rising 32.6% in the last 24 hours.
"Bitcoin (BTC) has dropped 7% since Saturday as reports of network congestion and pausing of BTC withdrawals subsequently by Binance has led to market speculation. However, price action continues to demonstrate strong consolidation as we anticipate a rebound later this week. US CPI inflation data will be key to holding this market structure," Vikram Subburaj, CEO of Giottus Crypto Platform, said.
#Binance #BTC
BTC volume stood at approximately $17.73 billion, rising 32.6% in the last 24 hours.
"Bitcoin (BTC) has dropped 7% since Saturday as reports of network congestion and pausing of BTC withdrawals subsequently by Binance has led to market speculation. However, price action continues to demonstrate strong consolidation as we anticipate a rebound later this week. US CPI inflation data will be key to holding this market structure," Vikram Subburaj, CEO of Giottus Crypto Platform, said.
#Binance #BTC
