$200 Million ADA Sell-Off Fuels Fears of Cardano Price Falling Below $1 Cardano’s (ADA) price has been experiencing a downtrend recently, raising concerns about a potential drop below the $1 support level. A major contributing factor to this decline is the selling activity by large ADA holders, often referred to as whales. These Cardano investors have been unloading their coin holdings, likely taking advantage of recent gains to secure profits. Cardano Whales Trigger Selloffs BeInCrypto’s assessment of Cardano’s on-chain performance has revealed that its whales have sold a significant portion of their holdings over the past week. According to Santiment, large holders that hold between 100,000,000 and 1,000,000,000 ADA have distributed coins worth $200 million in the past seven days. When large holders of a cryptocurrency sell their coins, it signals reduced confidence in the asset and introduces significant selling pressure to the market. This can lower prices, especially if the market lacks sufficient demand to absorb the large sell-off. This trend may also trigger further panic selling by smaller investors, putting more pressure on the asset’s price. Cardano Supply Distribution. Source: Santiment Moreover, the profitability of ADA transactions in the past few days has contributed to increased selloffs. Data from Santiment shows that the coin’s Network Realized Profit/Loss has been consistently positive in the past seven days, indicating that traders have been selling for profit. This may have prompted other investors to sell their ADA coins to lock in their gains, contributing to its price decline over the past few days. $ADA #ADA
BNB Surpasses 760 USDT with a 17.37% Increase in 24 Hours
On Dec 04, 2024, 00:31 AM(UTC). According to Binance Market Data, BNB has crossed the 760 USDT benchmark and is now trading at 760.969971 USDT, with a narrowed 17.37% increase in 24 hours.
Satoshi Nakamoto owns the majority of Bitcoin with an estimated 1.1 million Bitcoin. Satoshi not only invented Bitcoin, but he also started Bitcoin, by being the first miner to create blocks of transactions. It is estimated that Satoshi has mined over 22,000 blocks as of January 3, 2009, earning over 1 million Bitcoins in cumulative block rewards for his work. How many Bitcoins does Satoshi own? As a result, it is estimated that Satoshi has over 1.1 million Bitcoins, worth around $47 billion as of February 2024. These Bitcoins are not stored in a single address but are spread across approximately 22,000 addresses. None of them have ever been spent besides a handful of test transactions. Satoshi left the project in 2010 and has not been heard from since. Individual Bitcoin Whales Tyler and Cameron Winklevoss: After settling with Mark Zuckerberg for $65 million in Facebook stock and cash in 2008, the pair started an angel investment firm. A few years later, they announced that they had bought nearly $11 million worth of Bitcoin at an average cost of $10 per coin. The Winklevoss twins are estimated to own around 70,000 Bitcoin. Tim Draper: The VC titan has been interested in Bitcoin for a while; so much so that he made an initial purchase of 40,000 BTC on the Mt Gox exchange.Unfortunately, all 40,000 coins were lost in the hack and subsequent bankruptcy. However, in 2014, Mr. Draper purchased 29,656 BTC for $18.7 million based on a cost of about $632 per coin. Michael Saylor: Founder and CEO of MicroStrategy revealed in a tweet in October 2020 that he personally held 17,732 BTC. It’s reasonable to assume that he’s since acquired more — being such Bitcoin Public Bull MicroStrategy 386,700 Blackrock 610,430 Grayscale 215,941 Now let’s discuss something interesting about: DIN: Shaping the Future of Data Intelligence with Blockchain and AI In the ever-evolving world of blockchain and artificial intelligence (AI), DIN (Data Intelligence Network) is emerging as a game changer, revolutionizing how data is processed, validated, and used. With its innovative approach as the first standardized layer for native data, DIN is transforming AI data preparation, making it accessible, efficient, and rewarding for users and organizations alike. Revolutionizing AI Data with DIN At its core, DIN is a decentralized blockchain platform designed to address one of the most significant challenges in AI: access to high-quality data. AI applications require massive amounts of structured, categorized, and trusted data to operate effectively.However, traditional methods of collecting and processing data are often centralized, expensive, and time-consuming. DIN solves these problems by introducing a decentralized, modular architecture that brings together three main participants: 1. Data collectors — individuals or entities who collect and classify raw data for AI applications. 2. Data auditors — auditors who ensure the accuracy and integrity of the data. 3. Vectors — participants who transform raw data into structured formats that AI systems can use. This collaboration drives a seamless flow of AI-ready data while incentivizing participants. Through XDATA’s foundational layer, users can contribute to the development of AI by collecting and classifying raw data, earning points for their efforts. With over 30 million users and over 1 million daily active participants, DIN has already built a robust ecosystem that is poised to expand. Pre-mining Rewards and Node Benefits One of DIN’s standout features is its pre-mining reward system. Participants who actively contribute to the ecosystem by collecting, validating and trending data earn points, which can be converted into XDIN. This in turn qualifies for $DIN Token Airdrops – the native cryptocurrency of the DIN ecosystem.DIN also offers significant benefits to Chipper node operators, who play a pivotal role in validating and routing data. Not only do nodes enhance the reliability of the ecosystem, they also open up lucrative opportunities to earn DIN tokens, making the DIN network a unique and rewarding project compared to other blockchain projects. By leveraging these innovative mechanisms, DIN creates a fair and transparent environment where contributors are directly rewarded for their efforts, fostering a participatory and decentralized AI data economy. Binance Web3 Wallet Airdrop Campaign A major milestone in DIN’s journey is the Binance Web3 Wallet Airdrop campaign, which marks a significant step in integrating blockchain technology with AI-powered data processing. This campaign introduces users to the DIN ecosystem, allowing them to participate in the data preparation process while earning rewards. By partnering with Binance, DIN is leveraging one of the most trusted platforms in the blockchain space to onboard users, demonstrating its commitment to scalability and accessibility. This initiative not only rewards early adopters, but also lays the foundation for a larger and more diverse network of contributors. DIN’s Vision for the Future: A Unified Data and AI Network DIN is not just a blockchain project; it is a vision for the future of AI and data intelligence.The platform aims to build a comprehensive data intelligence network that unites people, data, and AI under a single ecosystem. Key elements of DIN’s long-term vision include: 1. Unified Data Layer DIN seeks to create a foundational layer that collects, validates, incentivizes, and leverages high-quality data from both on-chain and off-chain sources, ensuring a steady supply of high-quality data for AI applications. 2. AI Agents to Enhance User Experiences Leveraging data contributed by network participants, DIN’s AI agents will provide personalized insights and perform complex tasks, creating transformative user experiences. 3. Self-sufficient Data Ecosystem As more participants join the network, the ecosystem will grow, driving the continued evolution of AI capabilities. This positive feedback loop will benefit data contributors and developers, creating a decentralized, blockchain-powered intelligent system. DIN: The Future of AI DIN’s pioneering approach to AI data intelligence, combined with its decentralized architecture and innovative incentive mechanisms, sets it apart from traditional data processing solutions. By addressing critical challenges of scalability, accessibility, and reward fairness, DIN enables individuals and organizations to meaningfully contribute to the development of AI.With its focus on collaboration, innovation, and community-driven growth, DIN is not only shaping the future of AI data intelligence; it’s defining a new era for blockchain and AI integration. DIN invites you to be part of this revolutionary journey. Whether you’re a data collector, validator, or node operator, your contributions to the DIN ecosystem will help build a smarter, more connected world — one data point at a time. Remember to like and follow! #Godindataforai #binanceweb3airdrop
How Much Cardano (ADA) Do You Need to Achieve Crypto Millionaire Status? Your Roadmap at $1, $5, $10
Cardano’s ($ADA) ecosystem has been buzzing with activity, driven by consistent development and growing adoption. Analysts believe ADA could soon climb to significant price levels, offering a golden opportunity for those aiming for millionaire status. Here's a breakdown of what it takes to reach this milestone at varying price points:
$ADA at $1
With projections hinting at ADA reaching $1 soon, this could be the first big step toward wealth.
Tokens Required: 1,050,000 ADA
Current Cost: At today’s price of $0.3050, you’d need approximately $320,250 to accumulate this amount.
$ADA at $5
If ADA surges to $5, backed by groundbreaking developments and adoption, the bar for millionaire status lowers significantly.
Tokens Required: 210,000 ADA
Current Investment: At $0.3050 per token, this would cost you around $64,050.
$ADA at $10
Bullish scenarios envision ADA hitting $10 in the next cycle.
Tokens Required: 105,000 ADA
Investment Required: With current prices, you’d need roughly $32,025 to secure this number of tokens.
$ADA at $50
Long-term optimists foresee ADA reaching $50, where the millionaire target becomes much more accessible.
Tokens Required: 21,000 ADA
Cost: At today’s price, accumulating this amount would require an investment of $6,405.
$ADA at $100
In an ultra-bullish scenario, ADA soaring to $100 would make it one of the most profitable investments in crypto history.
Tokens Required: 10,500 ADA
Current Cost: You’d need approximately $3,202.50 at current prices to prepare for this possibility.
Cardano’s future holds immense potential, and with crypto’s unpredictability, even small investments today could yield substantial rewards. Are you stacking enough ADA to secure your place in this market revolution?
🔥 @Contentos-COS Contentos ($COS ): Redefining Content Creation in the Web3 Era 🔥
The digital content landscape is undergoing a seismic shift, and Contentos ($COS) is leading the charge. By blending blockchain technology with SocialFi and decentralized finance, Contentos is revolutionizing how creators and users interact. Let’s dive into why this project is a game-changer for the Web3 ecosystem.
Why Web3 Social Networks Are Changing the Game:
1️⃣ Full Transparency: Every interaction, from payments to engagements, is securely recorded and verifiable on the blockchain. 2️⃣ Ownership of Assets: Content creators retain complete control over their data, monetization, and earnings. 3️⃣ Decentralized Revenue Models: By cutting out intermediaries, creators and users share the value directly, fostering equitable monetization.
Contentos’ Revolutionary Platforms:
COS.TV:
Home to over 1.2 million global users, it’s a decentralized video-sharing platform.
Offers a transparent revenue-sharing system where creators earn through sponsorships and advertisements.
Engages users with rewards for actions such as likes, comments, and shares, creating a vibrant community.
ChannelVIP:
A SocialFi innovation offering exclusive features like VIP memberships, AMAs, private chatrooms, and quizzes.
Allows creators to monetize premium content through $COS tokens, driving meaningful engagement.
The Future of Contentos and SocialFi
Empowering Creators: With fair and transparent revenue sharing, creators can earn directly without intermediaries.
Rewarding Users: Engagement-based incentives strengthen the bond between creators and their communities.
Decentralized Ecosystem: Blockchain ensures equitable distribution and complete transparency, redefining trust in digital platforms.
Contentos is at the forefront of transforming content creation and consumption, setting the stage for a sustainable, decentralized digital economy. Are you ready to embrace the future of Web3 and SocialFi with $COS? Let’s shape the future together..
📢 Share your thoughts below and be part of this groundbreaking movement..
BlackRock CEO Larry Fink Reveals $24 Billion Bitcoin Holdings, Declares Himself a ‘Big Bitcoin Be... Now, BlackRock holds nearly $24 billion worth of Bitcoin (BTC) on behalf of its Btc Spot ETF investors. BlackRock’s CEO declared himself a “big Bitcoin believer.” BlackRock is a world-famous fund management firm, managing nearly $10 trillion, a figure larger than the GDP of many countries. Earlier this year, the United States Securities and Exchange Commission (SEC) approved several Bitcoin spot