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According to Glassnode data, BTC outflows from exchanges have surged significantly in the past 48 hours. This increase in outflows suggests that investors might be moving their Bitcoin to cold storage, potentially signaling strong holding sentiment and a positive long-term outlook. $BTC #BinanceTurns7 #WeAreAllSatoshi #AMA #BitcoinHistory #bitcoinwallet
According to Glassnode data, BTC outflows from exchanges have surged significantly in the past 48 hours. This increase in outflows suggests that investors might be moving their Bitcoin to cold storage, potentially signaling strong holding sentiment and a positive long-term outlook.

$BTC #BinanceTurns7 #WeAreAllSatoshi #AMA #BitcoinHistory #bitcoinwallet
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𝗧𝗵𝗶𝘀 𝗪𝗵𝗮𝗹𝗲 𝗜𝘀 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁𝗹𝘆 𝗔𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗶𝗻𝗴 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 🤑 🐋    Since March 2024, a Bitcoin whale has accumulated 11,658 BTC worth $816 million.   So far, his realized profit on the investment is over $40 million. #BinanceTurns7 #BinanceSquareFamily #btc #Bitcoin❗ #bitcoinwallet $BTC {future}(BTCUSDT)
𝗧𝗵𝗶𝘀 𝗪𝗵𝗮𝗹𝗲 𝗜𝘀 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁𝗹𝘆 𝗔𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗶𝗻𝗴 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 🤑 🐋 
 
Since March 2024, a Bitcoin whale has accumulated 11,658 BTC worth $816 million.
 
So far, his realized profit on the investment is over $40 million.

#BinanceTurns7 #BinanceSquareFamily #btc #Bitcoin❗ #bitcoinwallet $BTC
Bitcoin : The king of Crypto Currency#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here! #Bitcoin, created in 2009 by an anonymous entity known as Satoshi Nakamoto, is the first decentralized digital currency. It operates on a peer-to-peer network without a central authority, utilizing blockchain technology for secure transactions. Key Components Blockchain Technology: A distributed ledger that records all transactions across the network, ensuring transparency and security. Each block contains a cryptographic hash of the previous block, linking them in a chain. #Mining: The process through which new bitcoins are created and transactions are verified. Miners solve complex mathematical problems, and in return, they receive bitcoins and transaction fees. Consensus Mechanism: Bitcoin uses Proof of Work (PoW), requiring miners to demonstrate computational effort. This mechanism secures the network against attacks but is energy-intensive. #Wallets: Digital wallets store bitcoins and allow users to send and receive them. Wallets can be hardware-based or software-based, with varying levels of security. Economic Implications Store of Value: Bitcoin is often compared to gold, seen as a hedge against inflation and currency devaluation. Volatility: Bitcoin's price is highly volatile, influenced by market sentiment, regulatory news, and technological developments. Adoption: Increasing institutional investment and acceptance as a payment method enhance its legitimacy and usage. Regulatory Environment Global Variation: Regulatory approaches to Bitcoin vary widely, from outright bans in some countries to supportive frameworks in others. Taxation: Many jurisdictions treat Bitcoin as property for tax purposes, requiring reporting of gains and losses. Challenges Scalability: As the network grows, transaction times and fees can increase, leading to debates about scaling solutions like the Lightning Network. Energy Consumption: The PoW consensus mechanism is criticized for its high energy requirements, prompting discussions about more sustainable alternatives. Security Risks: While the blockchain is secure, exchanges and wallets can be vulnerable to hacking, leading to significant financial losses. Future Trends Technological Innovations: Ongoing developments like the Lightning Network and improvements in privacy features are crucial for Bitcoin's evolution. Institutional Adoption: Growing interest from institutional investors could stabilize prices and enhance legitimacy. Regulatory Clarity: Clear regulations could foster innovation and consumer protection, shaping Bitcoin's future in the financial ecosystem #BianceSquare #bitcoinwallet

Bitcoin : The king of Crypto Currency

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
#Bitcoin, created in 2009 by an anonymous entity known as Satoshi Nakamoto, is the first decentralized digital currency. It operates on a peer-to-peer network without a central authority, utilizing blockchain technology for secure transactions.

Key Components
Blockchain Technology: A distributed ledger that records all transactions across the network, ensuring transparency and security. Each block contains a cryptographic hash of the previous block, linking them in a chain.

#Mining: The process through which new bitcoins are created and transactions are verified. Miners solve complex mathematical problems, and in return, they receive bitcoins and transaction fees.

Consensus Mechanism: Bitcoin uses Proof of Work (PoW), requiring miners to demonstrate computational effort. This mechanism secures the network against attacks but is energy-intensive.

#Wallets: Digital wallets store bitcoins and allow users to send and receive them. Wallets can be hardware-based or software-based, with varying levels of security.

Economic Implications
Store of Value: Bitcoin is often compared to gold, seen as a hedge against inflation and currency devaluation.

Volatility: Bitcoin's price is highly volatile, influenced by market sentiment, regulatory news, and technological developments.

Adoption: Increasing institutional investment and acceptance as a payment method enhance its legitimacy and usage.

Regulatory Environment
Global Variation: Regulatory approaches to Bitcoin vary widely, from outright bans in some countries to supportive frameworks in others.

Taxation: Many jurisdictions treat Bitcoin as property for tax purposes, requiring reporting of gains and losses.

Challenges
Scalability: As the network grows, transaction times and fees can increase, leading to debates about scaling solutions like the Lightning Network.

Energy Consumption: The PoW consensus mechanism is criticized for its high energy requirements, prompting discussions about more sustainable alternatives.

Security Risks: While the blockchain is secure, exchanges and wallets can be vulnerable to hacking, leading to significant financial losses.

Future Trends
Technological Innovations: Ongoing developments like the Lightning Network and improvements in privacy features are crucial for Bitcoin's evolution.

Institutional Adoption: Growing interest from institutional investors could stabilize prices and enhance legitimacy.

Regulatory Clarity: Clear regulations could foster innovation and consumer protection, shaping Bitcoin's future in the financial ecosystem

#BianceSquare
#bitcoinwallet
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🚀 Newly Launched Project Analysis! 🌟#DeFi for #BTC Project Flash Protocol (FLASH) 📈🚀🔒 Introducing Flash Protocol: Redefining DeFi on Bitcoin 🔒🚀 🚀 Let's dive into key features and potential of #FLASH in this captivating thread! 🧵👇 1️⃣ Introduction and Overview: Flash Protocol empowers users to issue assets and Taproot NFTs on Bitcoin, introducing a permissionless flash loan service on Solana, facilitating complex strategies without upfront capital. 2️⃣ Technology and Feature: Utilizing secure smart contracts on Solana, Flash Protocol maintains decentralized liquidity pools, enabling direct borrowing without intermediaries. Lightning Network integration enhances transaction efficiency. 3️⃣ Whitepaper Analysis: Explore Flash Protocol's permissionless flash loan service, BTC Angel Hub, and solutions for Bitcoin native assets' liquidity challenges. 4️⃣ Use Case: Flash Protocol enables the initial issuance of assets and NFTs in a completely permissionless and cost-effective manner. Furthermore, Flash Protocol addresses the liquidity challenges faced by Bitcoin native assets through its dedicated marketplace. 5️⃣ Team and Leadership: The team behind Flash Protocol is not explicitly mentioned in the sources. However, the protocol prioritizes security, utilizing robust oracles and rigorous smart contract audits to mitigate potential risks associated with flash loans. 6️⃣ Partnerships: Flash Protocol has announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping. 7️⃣ Security and Audits: Flash Protocol prioritizes security, utilizing robust oracles and rigorous smart contract audits to mitigate potential risks associated with flash loans. 8️⃣ Tokenomics: FLASH token governs the protocol, incentivizes liquidity providers, and is burnt on an hourly basis. Flash has a total supply of 10 billion and circulating supply of 825 million token. 9️⃣ Exchanges: Trade FLASH tokens on centralized exchanges like MEXC & Gate.io, with Gate.io being the most popular option. 🔟 Conclusion: Flash Protocol pioneers DeFi on Bitcoin, offering seamless NFT integration and exciting use cases while prioritizing security and robust tokenomics. 🌐💼 🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @crypto_fossa 🦁🙏🏻 #CryptoSimbhaGems🦁🏹 #DeFiChallenge #BTC☀️ #bitcoinwallet #Binance $BTC $STX $ORDI

🚀 Newly Launched Project Analysis! 🌟#DeFi for #BTC Project Flash Protocol (FLASH) 📈

🚀🔒 Introducing Flash Protocol: Redefining DeFi on Bitcoin 🔒🚀
🚀 Let's dive into key features and potential of #FLASH in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Flash Protocol empowers users to issue assets and Taproot NFTs on Bitcoin, introducing a permissionless flash loan service on Solana, facilitating complex strategies without upfront capital.
2️⃣ Technology and Feature: Utilizing secure smart contracts on Solana, Flash Protocol maintains decentralized liquidity pools, enabling direct borrowing without intermediaries. Lightning Network integration enhances transaction efficiency.
3️⃣ Whitepaper Analysis: Explore Flash Protocol's permissionless flash loan service, BTC Angel Hub, and solutions for Bitcoin native assets' liquidity challenges.
4️⃣ Use Case: Flash Protocol enables the initial issuance of assets and NFTs in a completely permissionless and cost-effective manner. Furthermore, Flash Protocol addresses the liquidity challenges faced by Bitcoin native assets through its dedicated marketplace.
5️⃣ Team and Leadership: The team behind Flash Protocol is not explicitly mentioned in the sources. However, the protocol prioritizes security, utilizing robust oracles and rigorous smart contract audits to mitigate potential risks associated with flash loans.
6️⃣ Partnerships: Flash Protocol has announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping.
7️⃣ Security and Audits: Flash Protocol prioritizes security, utilizing robust oracles and rigorous smart contract audits to mitigate potential risks associated with flash loans.
8️⃣ Tokenomics: FLASH token governs the protocol, incentivizes liquidity providers, and is burnt on an hourly basis. Flash has a total supply of 10 billion and circulating supply of 825 million token.
9️⃣ Exchanges: Trade FLASH tokens on centralized exchanges like MEXC & Gate.io, with Gate.io being the most popular option.
🔟 Conclusion: Flash Protocol pioneers DeFi on Bitcoin, offering seamless NFT integration and exciting use cases while prioritizing security and robust tokenomics. 🌐💼
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #DeFiChallenge #BTC☀️ #bitcoinwallet #Binance $BTC $STX $ORDI
🚀 Newly Launched Project Analysis! 🌟#DeFi for Bitcoin Project Velar (VELAR) 📈🔒💰 Unlocking Bitcoin's Potential with Velar 💰🔒 🚀 Let's dive into key features and potential of #VELAR in this captivating thread! 🧵👇 1️⃣ Introduction and Overview: Velar introduces a Bitcoin-based decentralized finance (DeFi) platform. It aims to revolutionize the DeFi landscape by its native token, $VELAR. This initiative is set to unlock trillions of dollars in dormant Bitcoin capital for the DeFi ecosystem. 2️⃣ Technology and Feature: Velar utilizes an Automated Market Maker (AMM) liquidity model and offers token swaps, liquidity mining, staking, and an Initial DEX Offering (IDO) launchpad. It provides a decentralized exchange where users can trade various cryptocurrencies directly with each other without the need for intermediaries. 3️⃣ Whitepaper Analysis: Velar is a DeFi protocol with Bitcoin finality that aims to unlock Bitcoin’s true potential by building a sophisticated suite of DeFi products on Bitcoin. Velar V1, codenamed “Dharma,” includes an automated liquidity protocol based on the “constant product formula.” 4️⃣ Use Case: Velar platform is powered by its native token, $VELAR. The token serves as the backbone of the platform, providing liquidity and incentivizing users to contribute to the growth and development of the ecosystem. Apart from its core function, $VELAR has several other use cases that make it a valuable utility for users. 5️⃣ Team and Leadership: Led by CEO Mithil Thakore, Velar's team includes COO Dan Reecer, Commercial Director Robinson Burkey, and Technical Advisor Michael Zargham. They bring diverse backgrounds in crypto exchanges, quant hedge funds, smart contract auditing platforms, and enterprise blockchain businesses. 6️⃣ Partnerships: Velar has been audited by Strata labs and Coin Fabrik, ensuring robust security measures. It collaborates with investors like Alexei Zamyatin, Paul Taylor, Cem Ozar, Michael Chen, and others to strengthen its ecosystem. 7️⃣ Security and Audits: Upholding security standards, Velar undergoes audits by Strata Labs and Coin Fabrik, ensuring a robust platform. The audit reports can be checked on their website. 8️⃣ Tokenomics: With a total supply of 1 billion VELAR tokens and an initial circulating supply of approximately 59 million VELAR tokens, Velar's tokenomics include community rewards, treasury allocations, founder and team allocations, early purchasers, advisors, and airdrop allocations. 9️⃣ Exchanges: VELAR is tradable on Bybit, Gate.io, Uniswap (UNI), and Velar’s own Dharma Automated Market Maker (AMM), providing users with multiple trading options. 🔟 Recent Developments: Velar recently launched its token on Centralized exchanges, marking a significant milestone in its journey. This development is set to introduce trillions of dormant Bitcoin capital into the DeFi ecosystem. 1️⃣1️⃣ Conclusion: Velar's vision to harness Bitcoin's potential in DeFi signifies a promising venture, shaping the future of decentralized finance. Stay tuned for further updates and innovations from Velar. 🚀🌟 🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @crypto_fossa 🦁🙏🏻 #CryptoSimbhaGems🦁🏹 #bitcoinwallet #bitcoin #DeFiChallenge #Binance $BTC $STX $ORDI

🚀 Newly Launched Project Analysis! 🌟#DeFi for Bitcoin Project Velar (VELAR) 📈

🔒💰 Unlocking Bitcoin's Potential with Velar 💰🔒
🚀 Let's dive into key features and potential of #VELAR in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Velar introduces a Bitcoin-based decentralized finance (DeFi) platform. It aims to revolutionize the DeFi landscape by its native token, $VELAR. This initiative is set to unlock trillions of dollars in dormant Bitcoin capital for the DeFi ecosystem.
2️⃣ Technology and Feature: Velar utilizes an Automated Market Maker (AMM) liquidity model and offers token swaps, liquidity mining, staking, and an Initial DEX Offering (IDO) launchpad. It provides a decentralized exchange where users can trade various cryptocurrencies directly with each other without the need for intermediaries.
3️⃣ Whitepaper Analysis: Velar is a DeFi protocol with Bitcoin finality that aims to unlock Bitcoin’s true potential by building a sophisticated suite of DeFi products on Bitcoin. Velar V1, codenamed “Dharma,” includes an automated liquidity protocol based on the “constant product formula.”
4️⃣ Use Case: Velar platform is powered by its native token, $VELAR. The token serves as the backbone of the platform, providing liquidity and incentivizing users to contribute to the growth and development of the ecosystem. Apart from its core function, $VELAR has several other use cases that make it a valuable utility for users.
5️⃣ Team and Leadership: Led by CEO Mithil Thakore, Velar's team includes COO Dan Reecer, Commercial Director Robinson Burkey, and Technical Advisor Michael Zargham. They bring diverse backgrounds in crypto exchanges, quant hedge funds, smart contract auditing platforms, and enterprise blockchain businesses.
6️⃣ Partnerships: Velar has been audited by Strata labs and Coin Fabrik, ensuring robust security measures. It collaborates with investors like Alexei Zamyatin, Paul Taylor, Cem Ozar, Michael Chen, and others to strengthen its ecosystem.
7️⃣ Security and Audits: Upholding security standards, Velar undergoes audits by Strata Labs and Coin Fabrik, ensuring a robust platform. The audit reports can be checked on their website.
8️⃣ Tokenomics: With a total supply of 1 billion VELAR tokens and an initial circulating supply of approximately 59 million VELAR tokens, Velar's tokenomics include community rewards, treasury allocations, founder and team allocations, early purchasers, advisors, and airdrop allocations.
9️⃣ Exchanges: VELAR is tradable on Bybit, Gate.io, Uniswap (UNI), and Velar’s own Dharma Automated Market Maker (AMM), providing users with multiple trading options.
🔟 Recent Developments: Velar recently launched its token on Centralized exchanges, marking a significant milestone in its journey. This development is set to introduce trillions of dormant Bitcoin capital into the DeFi ecosystem.
1️⃣1️⃣ Conclusion: Velar's vision to harness Bitcoin's potential in DeFi signifies a promising venture, shaping the future of decentralized finance. Stay tuned for further updates and innovations from Velar. 🚀🌟
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #bitcoinwallet #bitcoin #DeFiChallenge #Binance $BTC $STX $ORDI
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Peter Todd = Satoshi Nakamoto : HBO Documentary 😂🙄The HBO documentary Money Electric: The Bitcoin Mystery has identified Peter Todd, a notable cryptographer and influential Bitcoin developer, as the elusive creator of Bitcoin, Satoshi Nakamoto. The documentary presents a compelling case for Peter Todd’s candidacy as Satoshi Nakamoto by highlighting several key aspects of his work. Todd is renowned for his deep understanding of cryptographic principles and blockchain technology, with his early involvement in Bitcoin development and contributions to various protocols showcasing a level of expertise consistent with the skills needed to create Bitcoin. #WeAreAllSatoshi #BinanceTurns7 #Bitcoin❗ $BTC {spot}(BTCUSDT) #BitcoinHistory #bitcoinwallet

Peter Todd = Satoshi Nakamoto : HBO Documentary 😂🙄

The HBO documentary Money Electric: The Bitcoin Mystery has identified Peter Todd, a notable cryptographer and influential Bitcoin developer, as the elusive creator of Bitcoin, Satoshi Nakamoto.
The documentary presents a compelling case for Peter Todd’s candidacy as Satoshi Nakamoto by highlighting several key aspects of his work.
Todd is renowned for his deep understanding of cryptographic principles and blockchain technology, with his early involvement in Bitcoin development and contributions to various protocols showcasing a level of expertise consistent with the skills needed to create Bitcoin.

#WeAreAllSatoshi #BinanceTurns7 #Bitcoin❗ $BTC
#BitcoinHistory #bitcoinwallet
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Exclusive for Indian Creators: Extra $5,000 FDUSD Rewards on Top of 30% Write to Earn Commission
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India Leaderboard Promotion Details
Duration: 2024-09-23 00:00 (UTC) – 2024-10-30 23:59 (UTC)Rewards: Top 25 Indian creators with the highest weekly “Write to Earn” earnings will receive $50 FDUSD each.

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This promotion is available only to creators with India KYC.Weekly leaderboard for India Write to Earn participants will be posted weekly. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC).Extra rewards will be allocated within 30 working days after the promotion ends in FDUSD token vouchers. The voucher will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Write to Earn Promotion may not be available in your region. Detailed terms and conditions about the “Write to Earn” campaign can be found here.  Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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