#Bitcoin's New Protocols: #Ordinals, Inscriptions, and Beyond
The #Bitcoin ecosystem has witnessed significant growth and development in recent years with the emergence of new protocols such as #Ordinals and Inscriptions. These innovative protocols are changing how we interact with #Bitcoin, aiming to capture users' interest.Let's delve into these new protocols in more detail. 😎Ordinals and Inscriptions#OrdinalsOrdinals are a protocol that enables writing data to the Bitcoin blockchain. This allows users to write various data types like text, images, and
According to Reuters, the SEC can transmit spot Bitcoin ETF applications to applicants on either Tuesday or Wednesday.
There has been such a positive flow of data for months suggesting the approval of #ETFs that it has become incredible.
If unexpected news comes from the #SEC on top of this, I would definitely not be surprised. My expectation is that they might not approve it due to the extension of this process.
So far, good news has always come at the peak. In December 2017, Bitcoin started trading on CME for the first time, and it remained as the all-time high. In September 2019, BAKKT started BTC futures trading, and the news was served at its peak.
In November 2021, consecutive futures ETF approvals came, and good news was given at the peak again. I don't think the spot Bitcoin ETF will be accepted due to the strict monetary policy in the U.S.
Even though there might be preparations for this process, acceptance will not be easy, and at most, it might be accepted in a very limited area. Even in that area, there is currently no credible information to trust, except for rumors."
Wishing you abundant and lasting prosperity, Binance Community.
Warm regards to all of you, and by the way, Happy New Year in advance to the entire Binance Crypto Community. 🎅🎄🥳 2️⃣0️⃣2️⃣4️⃣'s Loading....
⚠️ On Dec. 31, 2023, following a year marked by volatility warnings for investors, the last week of the year is poised for significant developments in the markets:Hosting possibly the most critical events of the year in the next two weeks, Dec. 31st, the final day of 2023, prompts investors to wake up prepared for Jan. 1st morning.With the #Bitcoin price at $BTC , a substantial drop in open positions signals a significant volatility wave in the market. Some investors, anticipating ETF approval,
According to Reuters, the SEC can transmit spot Bitcoin ETF applications to applicants on either Tuesday or Wednesday.
There has been such a positive flow of data for months suggesting the approval of #ETFs that it has become incredible.
If unexpected news comes from the #SEC on top of this, I would definitely not be surprised. My expectation is that they might not approve it due to the extension of this process.
So far, good news has always come at the peak. In December 2017, Bitcoin started trading on CME for the first time, and it remained as the all-time high. In September 2019, BAKKT started BTC futures trading, and the news was served at its peak.
In November 2021, consecutive futures ETF approvals came, and good news was given at the peak again. I don't think the spot Bitcoin ETF will be accepted due to the strict monetary policy in the U.S.
Even though there might be preparations for this process, acceptance will not be easy, and at most, it might be accepted in a very limited area. Even in that area, there is currently no credible information to trust, except for rumors."
Wishing you abundant and lasting prosperity, Binance Community.
Warm regards to all of you, and by the way, Happy New Year in advance to the entire Binance Crypto Community. 🎅🎄🥳 2️⃣0️⃣2️⃣4️⃣'s Loading....
Rising Security Threats in the Cryptocurrency World in 2023 and Recommended Measures
The evaluation of cryptocurrency fraud and hacking incidents in 2023 indicates that users experienced approximately $1.8 billion in losses, although this figure decreased compared to the previous year, the number of individual incidents increased. The most eventful period of 2023 occurred in the third quarter, with the highest losses occurring in November, September, and July, likely attributed to heightened hacker interest during periods of rising cryptocurrency prices.#BNB $BNB Chain and #Ethe
Binance Demonstrates Leadership in Regulatory Compliance with $213 Million Investments in 2023!
Binance's 2023 Year Report highlights the company's commitment to regulatory compliance through a $213 million investment. The report emphasizes Binance's focus on zero-knowledge proof cryptography, Web3 games, and DeFi innovation. Additionally, the report details significant investment projects undertaken by Binance in 2023. Here are those projects: