Tokenomics of Banana Coin (BANANA) in the ApeSwap ecosystem. Here are some details about the tokenomics of BANANA:

1. Issuance:

- BANANA has no fixed total supply. It is issued according to the mining schedule on the ApeSwap platform.

2. Distribution:

- Yield Farming: Most of BANANA is distributed through yield farming programs

- Staking Pools: A portion of BANANA is distributed through staking pools

- Team & Development: A small portion of BANANA is retained to fund the development team and project development activities.
- Marketing & Partnerships: A portion of BANANA is used for marketing activities and establishing strategic partnerships

- Yield Farming: A large portion of BANANA is distributed through yield farming programs

- Staking Pools: A portion of BANANA is distributed through staking pools

- Team & Development: A small portion of BANANA is retained to fund the development team and project development activities.

- Marketing & Partnerships: A portion of BANANA is used for marketing activities and establishing strategic partnerships.

5. Benefits of holding BANANA:

- Governance: BANANA holders have the right to participate in governance votes, deciding on important changes to the platform.

- Lower transaction fees: Using BANANA to pay transaction fees on ApeSwap can receive discounts.

- Rewards: BANANA holders can participate in promotions, airdrops, and other community activities.

BANANA's tokenomics are designed to incentivize user participation. #BananaGun #BinancePizzaVN

Banana Coin (BANANA) is a token created by the ApeSwap project, a decentralized exchange (DEX) and decentralized finance (DeFi) platform on the Binance Smart Chain (BSC). Here are some key features of BANANA:

1. Origin: ApeSwap was launched in 2021, and BANANA is the platform's main token. ApeSwap was created with the goal of providing a friendly and easy-to-use DeFi experience for users.

2. **Function**: BANANA is used to pay transaction fees on ApeSwap, participate in Yield Farming programs, and stake to earn more rewards. Users can also use BANANA to participate in governance votes on the platform.

3. **Benefits**: BANANA holders can enjoy promotions, airdrops, and other special features on ApeSwap. In addition, users can earn BANANA by providing liquidity for trading pairs on ApeSwap and receive rewards.

4. **Binance Support**: Binance supports BANANA trading on its exchange, helping to increase the liquidity and trading volume of this token. Being supported by Binance also contributes to the reputation and popularity of ApeSwap and BANANA in the DeFi community.

5. **Community and Development**: ApeSwap has a large and vibrant community, with many interactive activities and continuous development. The ApeSwap development team is always working hard to improve and expand the platform, bringing more value to users and the community.

If you need more details or specific information about BANANA or ApeSwap, let me know!#bnb #BananaGun

Updated July 16:

9 ETFs added 5,383 $BTC (+342.5 million USD).

1. **iShares Bitcoin Trust (Blackrock)** - Ticker: IBTC
- 1D Net Inflow: +1,844 BTC

2. **Fidelity Wise Origin Bitcoin Fund** - Ticker: FBTC
- 1D Net Inflow: +568 BTC

3. **ARK 21Shares Bitcoin ETF** - Ticker: ARKB
- 1D Net Inflow: +1,844 BTC

4. **Bitwise Bitcoin ETF** - Ticker: BITB
- 1D Net Inflow: +240 BTC

5. **Invesco Galaxy Bitcoin ETF** - Ticker: BTCO
- 1D Net Inflow: +350 BTC

6. **Vaneck Bitcoin Trust** - Ticker: HODL
- 1D Net Inflow: +113 BTC

7. **Valkyrie Bitcoin Fund** - Ticker: BRRR
- 1D Net Inflow: 0 BTC

8. **Franklin Bitcoin ETF** - Ticker: EZBC
- 1D Net Inflow: +58 BTC

9. **Grayscale Bitcoin Trust** - Ticker: GBTC
- 1D Net Inflow: +366 BTC
V
The increase in Bitcoin holdings by ETFs is a positive sign for the cryptocurrency market and could lead to many positive impacts in the future.
What do you think about this sign?

Here are five coins that will get a lot of attention in 2024:

1. Bitcoin (BTC)
Bitcoin remains the largest and most famous cryptocurrency. Considered a store of value asset similar to digital gold, Bitcoin is expected to undergo a halving event in 2024, which makes
Reduce supply, push up prices
2. Ethereum ETH
Ethereum is the leading platform for decentralized applications (dApps) and smart contracts. Key upgrades like EIP-4844 are expected to improve scalability and reduce transaction costs, making Ethereum a significant player in the DeFi and NFT sectors

3. Tether USDT
Tether is the largest stablecoin, pegged to the US dollar, providing stability in volatile cryptocurrency markets. Widely used in trading and as a reserve asset due to its stable value and liquidity

4. Solana SOL
Solana is known for its high-speed transactions and lower fees than Ethereum, making it a popular platform for decentralized applications and NFTs. Solana's unique proof-of-history consensus mechanism improves its scalability

5. Ripple XRP
Ripple is designed for fast global transactions and is widely used by financial institutions. Despite regulatory challenges, Ripple remains a strong player thanks to its established use case in cross-border payments

These cryptocurrencies are considered strong contenders for 2024 thanks to their technological advancements, market position, and growth potential.
This is information for reference!

Nasdaq-listed software company MicroStrategy (MSTR), the largest holder of Bitcoin, announced a 10:1 stock split on Thursday.

The split will be effective on August 1 and shares will be distributed after the market close on August 7. Holders of Class A and Class B common stock will receive nine shares additional for each share they own.

The announcement comes after MicroStrategy's stock price tripled over the past year, hitting an all-time record of more than $1,900 in March as BTC surged past $70,000. Shares rose 6.8% to $1,300 today.

MicroStrategy, led by executive chairman and widely followed Bitcoin advocate Michael Saylor, is often seen as a leverage play on the Bitcoin price. The company regularly issues corporate debt to raise capital to buy more BTC for its treasury. After its latest purchase last month, the company already holds 226,331 BTC worth more than $13 billion

Thank you for reading and please follow for updates
$BTC #

Cryptocurrency news

As the market matures and the German government's sell-off has passed, can the BTC price reach $100,000? The German Government's Bitcoin sell-off rocks the market. The German government's recent liquidation of all of its Bitcoin holdings sent shockwaves throughout the cryptocurrency market. Source: Arkham Initially holding 50,000 Bitcoin, the government initiated a massive sell-off that peaked The point was the transfer of the remaining 3,846.05 Bitcoins, worth approximately $223 million, to entities such as Flow Traders and 139Po. This final transaction marked the complete depletion of Germany's Bitcoin reserves. The government's decision to sell off these assets stems from a larger operation involving the confiscation of 50,000 Bitcoins from illegal activities. legal earlier this year. The rapid sale of 42,000 Bitcoins within a week, an average of 250 Bitcoins per hour, flooded the market with unprecedented volumes of cryptocurrency. This wave created significant downward pressure. Bitcoin price dropped 25% to its lowest since February. The market is currently grappling with the consequences of this massive sell-off, while analysts are closely watching for signs of stabilization. Prices dropped rapidly, along with Mt. Gox debt repayments at the same time, has eroded market sentiment, leading to a total market capitalization loss of $170 billion in a single day. Despite the current bearish trend, there is still room for a bullish reversal if the market successfully absorbs the remaining selling pressure.
Thank you for following and supporting!
#Bitcoin❗ #binance

From early 2024 until June 26, 2024, the growth of the entire market only peaked on the day Bitcoin set a new ATH peak (late March, early April 2024) and gradually decreased until now, while Bitcoin still maintaining the mark above $60,000.

The above-mentioned difference in return rates between Bitcoin and the entire crypto market shows that the level of growth is lacking in coverage. This is similar to the situation the US stock market is facing at the moment where only a handful of technology companies have had high growth over the past 6 months.

This can be explained by the fact that technology companies or Bitcoin are benefiting from some special events while macroeconomic indicators are not really too good for investors to pour money into. With Bitcoin, the main beneficial events are the leading asset management funds in the traditional financial market "racing" to issue Spot Bitcoin ETF on the US stock exchange.

This event, in addition to allowing Bitcoin to access the wealth of capital coming from traditional finance, also helps investors see crypto as a commodity, not just a virtual currency.
Thank you for reading the article
#bitcoin #etherreum #Binance's

The German government sold a large portion of their Bitcoins, transferring a total of 36,823 Bitcoins from around 50,000 Bitcoins they initially confiscated from the Movie2k.to website.

Specific transactions include:
Transfer 1,127 BTC (660 million USD) to Market Maker Flow Traders wallet address.

Transfer 536 BTC (310 million USD) to Market Maker Cumberland DRW wallet address

Transfer 500 BTC (290 million USD) to Coinbase exchange

Transfer 750 BTC (435 million USD) to Kraken exchange

Transfer 2,250 BTC (23 million USD) to an unknown wallet address starting with “139Po”. This address is predicted to belong to an exchange or an OTC (off-exchange) trading organization. 
Currently, the German government wallet still holds about 13,177 Bitcoins, worth about 766 million USD.
BTC & Altcoin recovery shows that the market has absorbed potential BTC selling moves from the German government & Mt Gox exchange. Another important factor is that the amount of BTC held by the German government is just over 1 billion USD, showing that the selling pressure in the near future will no longer be too great. Will reduce the price impact on the market in general
#bitcoin #binance #etherreum

Today, July 10, 2024, the bitcoin ETF trading market has had many notable fluctuations. Bitcoin ETFs surpassed $2.6 billion in trading volume in the morning alone. Among them, Grayscale's fund led with 33 million shares traded, followed by Fidelity with 11 million shares
These numbers show strong interest and increased trading volume for bitcoin ETFs in traditional financial markets. Especially Wall Street firms. This is good long-term news for our Crypro market#bitcoin #ETHETFS #binance

Today, Bitcoin price has some notable fluctuations. Currently, Bitcoin price has increased sharply and reached around 68,595 USD, although there was a short-term sell-off that pushed the price down to the 66,000 USD area.

Besides, Bitcoin transaction costs have dropped to the lowest level since 2020, creating favorable conditions for users and investors. The German government also sold an additional 700 BTC, impacting Bitcoin's ability to recover in the short term

The cryptocurrency market has also seen an increase in activity from spot Bitcoin ETFs, with large amounts of BTC purchased in the past few days. This shows that interest and confidence in Bitcoin remains strong.

These fluctuations reflect both positive and negative factors affecting the price of Bitcoin, demonstrating the market's sensitivity to financial news and events. $BTC
#bitcoin #binance

The greed and fear index is at its lowest level in more than a year. Clearly reflects the market psychology of investors, especially those new to the crypto market.
The current index is 27. The last time we had this low was when the price was $BTC 15000 at the end of 2022 after the FTX collapse. And this may be the best price for us to DCA for our favorite coins to prepare for the next bull market season. Especially long-term products
#bitcoin #eth #binance
Thank you for reading!

This year in the history of BTC for the first time we have a price that has surpassed the old eth. Bitcoin price has recorded a spike ahead of the actual halving event. BTC price is approximately 64,262 USD on the day of the halving event April 19, 2024 due to quite positive price action after the halving event.
Along with that, the event of Bitcoin etf being approved by the world's largest economy helps attract more cash flow from the traditional market. With giants like BlackRock, Fidelity Investments, and Bitwise, I firmly believe this cycle will mark an extremely large growth.
And this may be the last cycle with the greatest growth. Because after this cycle the game is almost clearer. $BTC
Thank you for reading!

#MyFirstFeedPost Hello Binance Square users!