The most challenging years for Bitcoin are over: 2008-2023 | Bitcoin Gurukul on Binance Square

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Bitcoin Gurukul

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The most challenging years for Bitcoin are over:
2008-2023
Bitcoin was considered nothing more than just an idea that only Bitcoin enthusiasts believed in.
After 2024
The Bitcoin network is set to soar as institutions with significant financial power flock to the platform.

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🎉 @Binance celebrates 7 years of operation today! Despite facing numerous challenges, including legal battles and regulatory scrutiny, the journey has been remarkable. Here's a brief overview: - July 2017: #Binance is incorporated in China and quickly becomes the world's largest cryptocurrency exchange. - March 2018: Announced plans to open an office in Malta following stricter regulations in Japan and China. - May 2019: Binance suffers a major security breach, losing 7,000 #BTC , but fully reimburses affected users. - September 2019: Launch of @BinanceUS to comply with US regulations. - September 2020: Binance Smart Chain (@BNBCHAIN ) launches, offering faster transactions and lower fees than #Ethereum. - March 2023: SEC and CFTC sue Binance and @CZ for multiple violations. - November 2023: CZ steps down as CEO amid a $4.3B settlement with the DOJ. Richard Teng, former head of regional markets, takes over. - April 30, 2024: #CZ sentenced to 4 months in prison for violating U.S. money laundering laws. Even after facing these many challenges, Binance continues to grow and remains the biggest exchange in the crypto space available today. 🌟 Hope to see Binance growing and shining under @Richard Teng leadership!

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𝐈𝐬 𝐓𝐡𝐞 𝐒𝐄𝐂 𝐄𝐧𝐝𝐢𝐧𝐠 𝐗𝐑𝐏 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧? #XRP is up over 15% today despite the crypto market choppiness 🚀 𝐻𝑒𝑟𝑒'𝑠 𝑤ℎ𝑦 𝑋𝑅𝑃 𝑖𝑠 𝑝𝑢𝑚𝑝𝑖𝑛𝑔 👇 ▶️ In the past 3 weeks, the #SEC has ended its investigation into Consensys, Paxos, and Hiro. ▶️ It seems like the Biden administration is pressuring the SEC to not go hard on crypto companies. ▶️ Given that $XRP is a well-established project with a huge community, it's possible that the SEC could end its investigation into Ripple and declare XRP a non-security

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🚨 What happened in Crypto in the last 12h? 🚨 - Coinbase Future $CRV $ENS $PEOPLE - $MOCA Upbit's wallet test - $GNO Shutterized Gnosis Chain - $SUI Xociety Beta test - $MKR Tokenization Grand Prix - $LDO $SSV Simple DVT Module - $ZIG Card - #BABYDOGE PAW Airdrop 👇 • Probability of a September rate cut increased ~20pps to ~93%. • The German government sold over 30,000 BTC in the last two days, leaving them with 9,000 BTC remaining. • Coinbase International Exchange will support $CRV, $ENS, and $PEOPLE perpetual futures starting July 18. • #BABYDOGE - Baby Doge has announced a $PAWS airdrop for all token holders. Snapshot date will be announced. • $BOBA - Boba Network will soon reveal something new. • $FLOKI - Floki will make a marketing announcement on July 17. • $GNO - Gnosis announced about the launch of the Shutterized Gnosis Chain. • $MOCA - According to @definalist, $MOCA's event token being sent to Upbit's wallet 2 days ago. Upbit proceeded with Taiko's listing even after it was leaked a day before. • $MKR - MakerDAO has announced the Spark Tokenization Grand Prix to allocate $1 billion into tokenized real-world assets via SparkFi. • $SUI - Sui Network has announced the @xocietyofficial beta test launch on July 15. • $SSV - SSV Network has announced that its clusters are live on Lido Finance's Simple DVT Module on Ethereum Mainnet. • $ZIG - Zignaly has introduced the $ZIG Card, powered by Mastercard. Pre-orders for digital and physical cards start soon. * * * H/T - @MilkRoadDaily 💞 Please Like/Repost to support :) Thanks for reading 🫡 Follow @Bitcoin Gurukul for Super Early Updates.

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𝟵𝟬𝟬𝟬% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗚𝗲𝗿𝗺𝗮𝗻 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗕𝗧𝗖 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀 Many people have donated $171.92 worth of Bitcoin to the German Government’s #Bitcoin address. It increased their balance by 90x since yesterday.

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𝗧𝗛𝗘 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗕𝗨𝗟𝗟𝗜𝗦𝗛 𝗖𝗔𝗧𝗔𝗟𝗬𝗦𝗧 𝗙𝗢𝗥 𝗖𝗥𝗬𝗣𝗧𝗢 𝗜𝗡 𝟮𝟬𝟮𝟰-𝟮𝟱 🚨 Everyone is talking about Trump's win, FED rate cuts, and FASB rule, but this one will have the biggest positive impact on crypto this cycle. I'm talking about FTX distributing funds to its customers. FTX will distribute over $𝟭𝟲 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in cash to its creditors (customers) by Q4 2024 to Q1 2025 As we know, most of the FTX asset claims were at the lows, but the USDC and USDT values are the same, and they'll be distributed at 1:1. We're in a bull run, and most of the FTX creditors are crypto guys, which means that this $16B will enter the market again. This will be the biggest liquidity injection and could pump BTC and alts to new highs. Mt. Gox distribution and government selling are just noise as the big things are yet to come. Hit like and repost if you find this helpful.

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