As the cryptocurrency market faces volatility, an interesting fact about large Bitcoin holders has emerged.In the cryptocurrency market, long-term holders of Bitcoin have increased their supply by 262,000 BTC in the last 30 days, owning 75% of the total Bitcoin supply. This shows long-term confidence despite market volatility. Bitcoin has fallen more than 6% since the massive sell-off in early August and is down about 10.8% in the past two days. Investors have been speculating after Bitcoin prices fell, waiting for prices to rise. In this context, short-term traders built resistance levels and funding rates remained positive. $BTC #BinanceBlockchainWeek #Binance #btc #Bitcoin
Cryptocurrency whales are sitting on Ripple XRPUSD. However, as the month came to an end, cryptocurrency whales started accumulating large amounts of XRP. If this buying trend continues, on-chain analysis suggests that XRP could approach the $1 level. Ripple Whales Collected About $30 Million Worth of Tokens According to Santiment, cryptocurrency whales holding between 1 million and 10 million tokens made another round of purchases. According to on-chain data, this group accumulated 50 million XRP in the last 24 hours. At the current price, this accumulation is worth $29.50 million. #BinanceBlockchainWeek #Binance #xrp #CryptoWhales $XRP #Bitcoin
The Shiba Inu price is showing bullish signs despite the declines in the Bitcoin-led cryptocurrency market. The changing conditions also highlight the potential of this meme coin for accumulation. Shiba Inu could be a good option for accumulation Shiba Inu`s price is hovering around an important support level. A bounce from this level could bring significant gains. The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish twin top pattern. A bullish twin top on the MACD occurs when two peaks form above the zero line and the second peak is higher than the first. This pattern is seen as a strong sign that the market is gaining strength. $SHIB #BinanceBlockchainWeek #Binance #shiba⚡
Ethereum suffered its biggest single-day percentage loss since November 9, 2022, falling 11% to $2,396.95, with a market cap of $299.58 billion. Ethereum, which has lost 3.68% in the last week, is trading 50.72% below its all-time high. Ethereum's share of the cryptocurrency market is 14.18%, while Bitcoin is trading at $58,331.7, down 7.66%.
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Donald Trump's plan to turn government-held Bitcoins into a national asset if he is elected president has sparked deep controversy on the grounds that it violates the principle of providing compensation to crime victims. Former federal prosecutors have argued that the plan would misuse confiscated digital assets and disregard the rights of victims. It was also noted that the value of crypto assets increased following the volatility in global markets.#BinanceBlockchainWeek #Binance #Bitcoin #TrumpBitcoin #Trump
Vitalik Buterin shared positive messages about the Ethereum network, saying it needs to contribute more. Although ETH's spot ETF performance did not meet expectations, Buterin's post signaled hope for Ethereum's potential. In addition, Buterin, who stated that he supports the standardization of the work done on the Optimism layer-2 network, also came to the fore with the memecoin he donated. $ETH #VitalikButerin #EthereumEFT #BinanceBlockchainWeek #Binance #memecoin
Following the arrest of Telegram co-founder Pavel Durov, Toncoin's market capitalization plummeted by nearly $3 billion. Durov's arrest has been linked to charges related to drug and sex crimes, as well as alleged violations of data privacy and crypto regulations. While this caused a drop of up to 25% in Toncoin's price, the TON community showed support for Durov. #paveldurov #Toncoin #TON #BinanceBlockchainWeek #Telegram
A message from Satoshi, the founder of Bitcoin: “Imagine a base metal that is as rare as gold but has the following workings: 1-It is dull gray. 2-It does not conduct electricity well. 3-It is particularly strong, but not malleable or easily malleable. 4-It is not useful for any practical or decorative purpose and has a special magical trick: it can be transported over a communication channel.” Bitcoin Supply and Value Proposition 94% of the total Bitcoin supply has now been issued. Bitcoin's supply program has reached an important milestone: Nearly 94% of the total Bitcoin supply has been mined. From the fixed cap of 21 million, 19.74 million more BTC have been mined to date. This leaves only about 1.26 million BTC to be mined. According to estimates, with the current 6.25 BTC block reward, it would take more than 100 characters to fully mint the remaining supply. Experts predict that by charging miners instead of subsidizing them, 99.9% of all Bitcoin will be mined by 2140. This controlled provision program is an important part of Bitcoin's value. Designed to make Bitcoin rarer as issuance slows and demand for it grows, it is an attractive feature against unlimited fiat money minting and devaluation. #Binance #btc #Bitcoin #BinanceBlockchainWeek #SatoshiNakamoto