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BULLS VS BEARS Breaking down 15 years of fighting 👀
When $BTC launched January 2009 until today May 2024 they are 15 years, battle between Bear and Bull did not stop 24/7 zoom out and watch the monthly charts you will notice that BULL took bear for a ride up hills.
Even when 10000 #BTC were traded for 2 Pizza back then worth just few dollars, And today value of 10000 #Bitcoins are worth more then $674 million dollars, Then we had Indian Government announcing total shut down for crypto but they could nit do it, Then we had American, Turkish, Russia ect... Governments also announced total ban on BITCOIN but at the end BULLS again won.
Therefore stay in the side of bulls you will be safer🥰
#pizzaday #altcoins #hiddengem
$ETH $BNB
When $BTC launched January 2009 until today May 2024 they are 15 years, battle between Bear and Bull did not stop 24/7 zoom out and watch the monthly charts you will notice that BULL took bear for a ride up hills.
Even when 10000 #BTC were traded for 2 Pizza back then worth just few dollars, And today value of 10000 #Bitcoins are worth more then $674 million dollars, Then we had Indian Government announcing total shut down for crypto but they could nit do it, Then we had American, Turkish, Russia ect... Governments also announced total ban on BITCOIN but at the end BULLS again won.
Therefore stay in the side of bulls you will be safer🥰
#pizzaday #altcoins #hiddengem
$ETH $BNB
It Was Revealed How Many Bitcoins El Salvador Produced With Volcano Energy, In Which It Invested Millions Of Dollars!
#ElSalvador , a small Central American country, continues to make a splash in the world of global finance. According to Reuters, the country has successfully mined approximately 474 Bitcoins since 2021, thanks to a unique geothermal power plant originating from a volcano. This initiative significantly increased the government's total #BTC portfolio, which stands at a staggering $354 million at current prices.
The “Bitcoin Office”, an official government organization of the country, reported that there are currently 5,750 bitcoins in the state coffers. The newly added 473.5 bitcoins worth approximately $29 million have been mined since September 2021. These #Bitcoins were produced using small amounts of geothermal energy from the country's majestic Tecapa volcano.
The administration of President Nayib Bukele, who was re-elected for a second term earlier this year and is known as a Bitcoin enthusiast, has installed 300 mining devices to “mine” bitcoin from the volcano. Of the 102 megawatts (MW) produced by the state-owned power plant, 1.5 MW was allocated to cryptocurrency mining.
Cryptocurrency miners around the world have come under increased scrutiny recently due to their electricity-consuming operations and the impact their activities have on power grids and carbon emissions. But El Salvador's geothermal-powered mining operation offers a more sustainable alternative.
$BTC $ETH
#ElSalvador , a small Central American country, continues to make a splash in the world of global finance. According to Reuters, the country has successfully mined approximately 474 Bitcoins since 2021, thanks to a unique geothermal power plant originating from a volcano. This initiative significantly increased the government's total #BTC portfolio, which stands at a staggering $354 million at current prices.
The “Bitcoin Office”, an official government organization of the country, reported that there are currently 5,750 bitcoins in the state coffers. The newly added 473.5 bitcoins worth approximately $29 million have been mined since September 2021. These #Bitcoins were produced using small amounts of geothermal energy from the country's majestic Tecapa volcano.
The administration of President Nayib Bukele, who was re-elected for a second term earlier this year and is known as a Bitcoin enthusiast, has installed 300 mining devices to “mine” bitcoin from the volcano. Of the 102 megawatts (MW) produced by the state-owned power plant, 1.5 MW was allocated to cryptocurrency mining.
Cryptocurrency miners around the world have come under increased scrutiny recently due to their electricity-consuming operations and the impact their activities have on power grids and carbon emissions. But El Salvador's geothermal-powered mining operation offers a more sustainable alternative.
$BTC $ETH
Did You Know? USA Among the Leading Bitcoin Holders!
The United States holds more than 200,000 BTC, which translates to over 5 billion dollars. This is despite having previously sold thousands of BTC.
Although the United States had sold several thousand #Bitcoins in the past, its government currently owns over 200,000 #BTC valued at more than 5 billion dollars, making them one of the major holders of this cryptocurrency.
US Bitcoin Holdings Continue to Increase
According to data from 21.co, the current amount of Bitcoins held by the US stands at 194,188, with an estimated value of 5.3 billion USD. These figures, derived from publicly available sources, may only represent a minimum estimate. In reality, the actual number could be even higher.
The primary BTC reserves were acquired by the US government from the following operations:
- Confiscation of 69,369 BTC from the Silk Road market in November 2020.
- Acquisition of 94,643 BTC following the Bitfinex hack in January 2022.
- And 51,326 BTC related to the James Zhong case in March 2022.
Most of these Bitcoins are stored offline in encrypted devices, known as hardware wallets, managed by the Department of Justice and the Tax Office.
Confiscated Bitcoins and the US Government
It's important to note that even though the US holds these Bitcoins, they don't consider them as their property until a court decides otherwise. The US Marshals Service becomes the owner of these BTC only after a judicial decision confirms their confiscation.
Occasionally, the US sells some of its Bitcoins through an auction system based on court orders. The largest auction took place in 2014, when billionaire Tim Draper bought 30,000 BTC from the US at a very favorable price.
Recently, however, the US government has been turning to cryptocurrency exchanges to sell confiscated BTC. For instance, in March of this year, the government sold 9,118 BTC via the Coinbase exchange.
Notice:
Information and viewpoints presented in this text are purely informational and should never be taken as investment recommendations in any situation. Do not attribute any value to the content here as financial, investment, or any other type of advice. Keep in mind that investing in cryptocurrencies can be associated with the risk of loss.
Although the United States had sold several thousand #Bitcoins in the past, its government currently owns over 200,000 #BTC valued at more than 5 billion dollars, making them one of the major holders of this cryptocurrency.
US Bitcoin Holdings Continue to Increase
According to data from 21.co, the current amount of Bitcoins held by the US stands at 194,188, with an estimated value of 5.3 billion USD. These figures, derived from publicly available sources, may only represent a minimum estimate. In reality, the actual number could be even higher.
The primary BTC reserves were acquired by the US government from the following operations:
- Confiscation of 69,369 BTC from the Silk Road market in November 2020.
- Acquisition of 94,643 BTC following the Bitfinex hack in January 2022.
- And 51,326 BTC related to the James Zhong case in March 2022.
Most of these Bitcoins are stored offline in encrypted devices, known as hardware wallets, managed by the Department of Justice and the Tax Office.
Confiscated Bitcoins and the US Government
It's important to note that even though the US holds these Bitcoins, they don't consider them as their property until a court decides otherwise. The US Marshals Service becomes the owner of these BTC only after a judicial decision confirms their confiscation.
Occasionally, the US sells some of its Bitcoins through an auction system based on court orders. The largest auction took place in 2014, when billionaire Tim Draper bought 30,000 BTC from the US at a very favorable price.
Recently, however, the US government has been turning to cryptocurrency exchanges to sell confiscated BTC. For instance, in March of this year, the government sold 9,118 BTC via the Coinbase exchange.
Notice:
Information and viewpoints presented in this text are purely informational and should never be taken as investment recommendations in any situation. Do not attribute any value to the content here as financial, investment, or any other type of advice. Keep in mind that investing in cryptocurrencies can be associated with the risk of loss.
SAFU ?
Binance is a secure exchange and has established itself as a leader when it comes to security approaches with concepts like Proof of Reserves. The platform has taken great lengths to enhance its security and as of 2024, it is one of the most secure crypto platforms available.
#Bianance #Bitcoins
Binance is a secure exchange and has established itself as a leader when it comes to security approaches with concepts like Proof of Reserves. The platform has taken great lengths to enhance its security and as of 2024, it is one of the most secure crypto platforms available.
#Bianance #Bitcoins
2.6% of all the #Bitcoins held on Binance were withdrawn in the past 4 weeks.
#Binance #crypto2023 #cryptocurrency #bitcoin
#Binance #crypto2023 #cryptocurrency #bitcoin
🔥 Breaking: MicroStrategy Boosts Bitcoin Portfolio with new Purchase
In a strategic addition to its cryptocurrency portfolio, #MicroStrategy has purchased an additional 155 #Bitcoins for $5.3 million.
In a strategic addition to its cryptocurrency portfolio, #MicroStrategy has purchased an additional 155 #Bitcoins for $5.3 million.
As far as #cryptocurrency is concerned, #Bitcoins are only one part of the equation. Research and identify the coins that are thriving well, with the most widely used cases you can use.
So choose your assets wisely! #crypto2023 #bearorbull #AltaafTheBinancian
So choose your assets wisely! #crypto2023 #bearorbull #AltaafTheBinancian
🚨🚨 #Microstrategy announced that it has purchased 6,455 #Bitcoins worth $150 million at an average price of $23,238.
#BTC #crypto2023
#BTC #crypto2023
Imagine throwing away 7,500 #Bitcoins (worth over $260 million👀). That’s what happened to James Howells and here’s what you should learn. (MUST READ for all crypto investors!)
Meet James Howells, a man whose story serves as a cautionary tale for every crypto user. In a moment of absentmindedness, he inadvertently discarded a hard drive containing 7,500 Bitcoins – a stash that was virtually worthless when he mined it in 2009. However, those lost Bitcoins are now worth more than $260M!🥸
Howells was an IT pro and an early adopter of $BTC . He mined these coins in early 2009 when crypto was still under the radar, and mining was easy.
But what can we learn from his unfortunate experience? 🤔
Here's the lesson for all crypto users. The story teaches us the following valuable lessons:
1️⃣ Backup, Backup, Backup: Never underestimate the importance of backups. Howells didn't have one, and it cost him millions. Always store your private keys securely and have redundant backups. Your wallet can get lost, but you can always recover by writing down your secret phrase.
2️⃣ Stay Informed: Keep up with the #cryptocurrency world. Trends and values change rapidly. Had Howells monitored the market, he might have realized the significance of his lost hard drive sooner.
3️⃣ Security is Key: James Howells' hard drive didn't just contain wealth; it held the private key to his Bitcoin wallet. Protect your private keys like you would your most valuable possessions.
4️⃣ Embrace the Future: Despite his loss, Howells remains a believer in cryptocurrency's future. Just like him, have faith in this digital revolution and its potential.
Let James Howells' story be a reminder that in the world of cryptocurrency, vigilance and preparedness are your best allies. Protect your digital assets, and they may just become the future's pot of gold.
⁉️What did you learn from the story of James Howells and what are some other ways to prevent things like this from happening to us? Your comment might help someone!
Meet James Howells, a man whose story serves as a cautionary tale for every crypto user. In a moment of absentmindedness, he inadvertently discarded a hard drive containing 7,500 Bitcoins – a stash that was virtually worthless when he mined it in 2009. However, those lost Bitcoins are now worth more than $260M!🥸
Howells was an IT pro and an early adopter of $BTC . He mined these coins in early 2009 when crypto was still under the radar, and mining was easy.
But what can we learn from his unfortunate experience? 🤔
Here's the lesson for all crypto users. The story teaches us the following valuable lessons:
1️⃣ Backup, Backup, Backup: Never underestimate the importance of backups. Howells didn't have one, and it cost him millions. Always store your private keys securely and have redundant backups. Your wallet can get lost, but you can always recover by writing down your secret phrase.
2️⃣ Stay Informed: Keep up with the #cryptocurrency world. Trends and values change rapidly. Had Howells monitored the market, he might have realized the significance of his lost hard drive sooner.
3️⃣ Security is Key: James Howells' hard drive didn't just contain wealth; it held the private key to his Bitcoin wallet. Protect your private keys like you would your most valuable possessions.
4️⃣ Embrace the Future: Despite his loss, Howells remains a believer in cryptocurrency's future. Just like him, have faith in this digital revolution and its potential.
Let James Howells' story be a reminder that in the world of cryptocurrency, vigilance and preparedness are your best allies. Protect your digital assets, and they may just become the future's pot of gold.
⁉️What did you learn from the story of James Howells and what are some other ways to prevent things like this from happening to us? Your comment might help someone!
Nigerian Scammers "Mr Woodbery" Arrested, Forfeits 151 Bitcoins ($4.5m).
"Every day for the thief, one day for the owner." This is the case with a 31-year-old Nigerian named Olalekan Jacob Ponle, AKA ‘Mr. Woodbery’ or ‘Mark Kain', a friend of convicted Hushpuppi.
He was widely known for helping fraudsters to convert their money into Bitcoins, among other crimes. From his shaddy dealings, he lived a lavish lifestyle including purchasing a Rolls Royce Cullinan, Lamborghini Urus, and a Mercedes-Benz G-Class AMG G55.
He was part of an Australian scam group that scammed a man out of $3.7m, and another group that used phishing tricks to steal money from employees.
He has now been sentenced to 8 years+ in prison and ordered to pay $8.03 million as restitution to his victims plus forfeiting 151 #Bitcoins
What a life!
"Every day for the thief, one day for the owner." This is the case with a 31-year-old Nigerian named Olalekan Jacob Ponle, AKA ‘Mr. Woodbery’ or ‘Mark Kain', a friend of convicted Hushpuppi.
He was widely known for helping fraudsters to convert their money into Bitcoins, among other crimes. From his shaddy dealings, he lived a lavish lifestyle including purchasing a Rolls Royce Cullinan, Lamborghini Urus, and a Mercedes-Benz G-Class AMG G55.
He was part of an Australian scam group that scammed a man out of $3.7m, and another group that used phishing tricks to steal money from employees.
He has now been sentenced to 8 years+ in prison and ordered to pay $8.03 million as restitution to his victims plus forfeiting 151 #Bitcoins
What a life!
Justin Sun Holding 100k #Bitcoins :-
Prominent advocate for #Bitcoin
Justin Sun, proudly announces his substantial support for the cryptocurrency, disclosing a holdings of over 100,000 BTC.
His commitment underscores the enduring influence of #BTC in the digital economy.
#cryptocurrency #blockchain
$BTC $TRX $USDC
Prominent advocate for #Bitcoin
Justin Sun, proudly announces his substantial support for the cryptocurrency, disclosing a holdings of over 100,000 BTC.
His commitment underscores the enduring influence of #BTC in the digital economy.
#cryptocurrency #blockchain
$BTC $TRX $USDC
A maximum of 21 million #Bitcoins will ever be created. Among these, it's estimated that up to 4 million, with 1 million of those believed to be owned by Bitcoin's creator, Satoshi, may be irretrievably lost.
Consider the exclusivity of possessing an entire Bitcoin in a global population of 8 billion. Owning one positions you in a remarkably elite class!
Consider the exclusivity of possessing an entire Bitcoin in a global population of 8 billion. Owning one positions you in a remarkably elite class!
LIVEFar61s
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capx airdrop
You can be part of a pool have 4 million capx, her praic will be more than $1 depending on its small suppley ،beta sisone pass will be available to mint in the coming hours But it is limited to only 75k all you have to do is go to https://app.capx.fi/login sing up do the task and mint the pass may cod : DR3AIK
True story of payment revolution,
13 years ago (May 22nd 2010) the payment revolution have started, and some people look at it as funny, some looking at it as sad story for Laszlo, others might laugh at it, but that particular trade of two Pizza pies for 10000 #BTC is truly when the revolution payment system of this century strated becaue back then Laszlo Hanyecz Bought 2 Pizza pies with 10K of #Bitcoins and he has no regrets because he understands that his legacy will live until world exist.
What makes it revolutionary is not just fact that today 10K #Bitcoins are worth around 270 Million USD but the fact that Bitcoin succeded adoption and it have made crypto payment system peer to peer possible worldwide.
This is why we celebrate #BitcoinPizzaDay and we celebrate it at Binance community as #BinancePizza
13 years ago (May 22nd 2010) the payment revolution have started, and some people look at it as funny, some looking at it as sad story for Laszlo, others might laugh at it, but that particular trade of two Pizza pies for 10000 #BTC is truly when the revolution payment system of this century strated becaue back then Laszlo Hanyecz Bought 2 Pizza pies with 10K of #Bitcoins and he has no regrets because he understands that his legacy will live until world exist.
What makes it revolutionary is not just fact that today 10K #Bitcoins are worth around 270 Million USD but the fact that Bitcoin succeded adoption and it have made crypto payment system peer to peer possible worldwide.
This is why we celebrate #BitcoinPizzaDay and we celebrate it at Binance community as #BinancePizza
What Is #Bitcoin_Halving
After the network mines 210,000 blocks —roughly every four years—the block reward given to Bitcoin miners for processing transactions is cut in half. This event is called #halving because it cuts the rate at which new bitcoins are $$released into circulation in half.
This rewards system will continue until about #2140 when the proposed limit of 21 million coins is reached. At that point, miners will be rewarded with fees for processing transactions, which network users will pay. These fees ensure miners are still incentivized to participate and keep the network going.
The halving event is significant because it marks another drop in the rate of new #Bitcoins produced as it approaches its finite supply. In #2009, the reward for each block in the chain mined was 50 bitcoins As of October 2023, about 19.5 million bitcoins were in circulation, leaving just around 1.5 million to be released via mining rewards.
After the network mines 210,000 blocks —roughly every four years—the block reward given to Bitcoin miners for processing transactions is cut in half. This event is called #halving because it cuts the rate at which new bitcoins are $$released into circulation in half.
This rewards system will continue until about #2140 when the proposed limit of 21 million coins is reached. At that point, miners will be rewarded with fees for processing transactions, which network users will pay. These fees ensure miners are still incentivized to participate and keep the network going.
The halving event is significant because it marks another drop in the rate of new #Bitcoins produced as it approaches its finite supply. In #2009, the reward for each block in the chain mined was 50 bitcoins As of October 2023, about 19.5 million bitcoins were in circulation, leaving just around 1.5 million to be released via mining rewards.
New Major Bitcoin Whales Emerge
Recent data from Santiment shows a notable surge in Bitcoin's whale numbers. A significant 16 wallets have now joined the ranks of those holding between 100 to 1,000 #Bitcoins (BTC). This growth appears to be due to smaller wallet holders "graduating" to the next tier, bolstering the case for a bullish Bitcoin outlook.Not sameA clear divergence has been observed between Bitcoin and Ethereum whale behaviors. #Ethereum whales, defined as holders of 1,000 ETH or more, are currently in a pronounced downtrend. Over the past year alone, a whopping 12 million #ETH has been offloaded by these large stakeholders. This figure jumps to 20 million ETH since 2020, suggesting a significant shift in Ethereum whale sentiment. In stark contrast, Bitcoin whales, those with 1,000 #BTC or more, display a trend that ranges from aggregate growth to stability.This pattern further accentuates Ethereum's ongoing sell pressure, which stands in stark contrast to Bitcoin's current trajectory. Shark and whale wallets From February 2022, the cryptocurrency landscape has witnessed a significant uptick in the number of shark and whale wallets accumulating at least 10 Bitcoin. Over the span of the last 20 months, this trend of accumulating larger wallets has surged, resulting in an additional 11,806 addresses crossing this notable threshold. This represents an impressive 8.12% total increase in such wallet holders, showcasing robust confidence among larger stakeholders in the digital asset's potential. $BTC $ETH
