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About Bitcoin reaching one billion transactions: **Milestone Achieved:** The Bitcoin network has processed its one billionth transaction, marking a significant moment 15 years after its creation. **Transaction Rate:** This translates to an average of 178,475 daily transactions since Bitcoin's launch in 2009. **Lightning Network:** This count excludes transactions on the Lightning Network, a layer 2 network for micropayments, which could add hundreds of millions more transactions. **Recent Surge:** Daily transactions spiked around the network's halving event in April, including a record high of 926,000, but have since cooled off. **Comparison to Ethereum:** Bitcoin's biggest rival, Ethereum, has processed over 2 billion transactions since its launch in 2015. **Bitcoin Price:** Bitcoin's price is currently at $ 63,750, having risen over 12% since its recent low but still down from its all-time high. Source: @lens/cointelegraph
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The Wizard Fox
Uncle vs Runes Runes 1 Uncle 0 Today we are bullish again🌞🫵
My new profile cover photo
https://youtu.be/S3T4nhtHxOA?si=Sxbd-cTGkJD3j25G
#Telegram's integration of the TON blockchain and the USDT stablecoin, suggesting a significant move towards the crypto space. Telegram + Crypto: Telegram is venturing beyond its core messaging app functionality and embracing cryptocurrency. TON Integration: Telegram is likely incorporating The Open Network (TON) blockchain into its platform. USDT Support: The integration involves allowing users to interact with the Tether (USDT) stablecoin. Focus on Users: The system prioritizes retail users, possibly indicating user-friendly features for buying and selling crypto. Low Fees: Fixed fees capped at $ 0.15 suggest a potentially cost-effective way for users to engage in crypto transactions. On-Chain Transactions: Users might be able to conduct direct cryptocurrency transactions on Telegram's platform, leveraging the TON blockchain. Large Audience: This integration could expose a vast user base to cryptocurrency due to Telegram's existing large user pool.
**Bitcoin Halving Summary:** **Date:** April 20, 2024 (at block 840,000) **Event:** Bitcoin mining reward cut in half, from 6.25 BTC to 3.125 BTC per block. **Significance:** Reduces total supply of new Bitcoins entering circulation. Aims to control inflation and maintain scarcity. **Frequency:** Approximately every 4 years (210,000 blocks). **Impact:** Historically linked to price surges, but future impact uncertain. May affect miners' cash flow if reward reduction isn't offset by price increase. **Total Bitcoins:** 21 million (around 19 million mined, 2 million remaining). **Next Halving:** Estimated to be in 2028.
Scroll, a layer 2 scaling solution for Ethereum, launched a loyalty program called "Scroll Sessions" to reward active users and early adopters. **Earning Scroll Marks** **Bridging assets** to Scroll using the native bridge or LayerZero (e.g., ETH, wstETH, or STONE). **Holding assets** on Scroll (applies to Session Zero only). **Early interaction:** Users who interacted with Scroll since its launch on October 10, 2023 will also receive Scroll Marks. The program will introduce more "Sessions" with engaging features in the future.A user interface will be introduced to track "Scroll Marks." US and Chinese citizens, along with individuals on Scroll's restriction list, are currently ineligible for the program. Scroll secured $ 50 million in funding in March 2023.The project's total value locked (TVL) surpassed $ 60 million, ranking 11th among Ethereum layer 2 projects.Scroll aims to be the foundation for next-generation protocols across various applications (DeFi, social, etc.).
#Telegram, the messaging app with a large user base (reportedly over 900 million), is going big on blockchain technology. Their focus seems to be on The Open Network (TON) and its potential to promote freedom and privacy. Pavel Durov, Telegram's founder, announced plans for: Tokenized features like emojis and stickers (essentially NFTs) Sharing ad revenue with users Integrating Tether's stablecoin USDT This could be a significant development for both Telegram and the TON blockchain. It will be interesting to see how these plans unfold.
Vitalik Buterin, the creator of Ethereum, is actively exploring new large language models (LLMs) like Llama3 and Mixtral. He's comparing their capabilities to the current leader, ChatGPT. His tests involve creating Python code for a weather application, showcasing the potential of LLMs in software development. While all the models generated functional code, ChatGPT displayed the most accuracy, with Llama3 following closely. Buterin emphasizes that AI isn't perfect yet and can't replace human developers for complex projects like the Ethereum ecosystem. This exploration suggests that AI might play a bigger role in Ethereum's future development. Overall, this news shows the growing interest in using LLMs for practical applications like software development, while also acknowledging their limitations. It'll be interesting to see how these models evolve and how figures like Buterin integrate them into their work.
The upcoming launch of the #Runes protocol on Bitcoin and its potential significance. Runes Protocol Launch: The Runes protocol, allowing creation of fungible tokens on Bitcoin, will launch alongside the 2024 Bitcoin halving. Potential Impact: This launch is seen as a major event for Bitcoin (potentially even bigger than the halving itself) and could usher in a "second season" of innovation. Competition and Rewards: The launch is expected to spark a "battle" for block space and token names, with miners competing for the lucrative "epic satoshi" in the halving block. Market Preparation: Exchanges and marketplaces are gearing up to support Runes tokens, and pre-distribution of some tokens has already begun. Increased User Engagement: The anticipation of Runes has led to more people running Bitcoin nodes and learning about the network. Shifting Perception: Runes could change how people view Bitcoin, potentially making it a multi-asset network with DeFi possibilities.
The implications of the Federal Reserve delaying interest rate cuts on Bitcoin and the cryptocurrency market. **Fed Delays Rate Cuts:** The Federal Reserve Chair signaled a delay in cutting interest rates due to persistent inflation. This surprised many who expected rate cuts sooner. **Impact on Bitcoin:** Bitcoin's role as an inflation hedge is being questioned again due to the Fed's decision. Bitcoin's recent volatility adds to this uncertainty. **Industry Opinions on Bitcoin:** **Skybridge's Scaramucci:** Believes Bitcoin is still a valid inflation hedge in the long run, but its current volatility is due to its developing stage. **Animoca Brands' Siu:** Believes Bitcoin's future value might lie in its status symbol status within the digital economy, reaching over $ 1 million someday. **Institutional Interest in Bitcoin:** Approval of spot Bitcoin ETFs in the US is seen as positive for Bitcoin's price. Recent launch of Hong Kong-based Bitcoin ETFs has mixed reviews on their immediate impact. Some analysts believe it might signal a softening stance on Bitcoin by China in the future. **Overall:** The Fed's policy shift and the debate on Bitcoin as an inflation hedge will likely influence the cryptocurrency market in the coming months.
Bitcoin will become the best savings tool after the upcoming halving due to several reasons: Scarcity: Bitcoin has a fixed supply of 21 million coins, which makes it scarce and inflation-proof unlike traditional assets that can be printed at will. Decreasing supply: The upcoming halving will further reduce the number of new Bitcoins created, potentially leading to price appreciation. Performance: Bitcoin has a history of significant price increases following halving events. Weaker traditional assets: Traditional assets like fiat currencies, stocks, and even precious metals are all susceptible to inflation and value erosion. Some experts believe that Bitcoin's unique properties make it an ideal savings tool in a world of abundance and innovation.
Solana (SOL) is experiencing a technical bounce after finding support on a key trendline. This analysis dives into the technical indicators suggesting a potential price recovery for SOL. Key Points: SOL bounced after testing an ascending trendline support since November 2023. The daily RSI (Relative Strength Index) dipped near oversold territory, potentially signaling a buying opportunity. Potential upside targets include the 50-day EMA (exponential moving average) at $ 160.75 and the 1.618 Fibonacci retracement level at $ 255 by June. Supporting the Bounce: Trendline Support: SOL found support on a long-term ascending trendline, indicating potential buying pressure at this level. RSI: The RSI indicator dipped near 30, historically considered oversold territory. This could suggest the asset is undervalued and ripe for a rebound. Possible Price Targets: 50-day EMA: If the bounce continues, SOL could reach the 50-day EMA at $ 160.75, aligning with the 0.382 Fibonacci retracement level. Fibonacci Levels: A break above the 50-day EMA could lead to a further climb towards the 1.618 Fibonacci retracement level of $ 255 by June, mirroring previous price movements. Fractal Analysis: Fractal analysis suggests a potential upside target of $ 255 by June, aligning with the 1.618 Fibonacci retracement level and the ascending trendline resistance. Downsides to Consider: Failing to Break the 50-day EMA: If SOL fails to surpass the 50-day EMA, it could face a correction towards the 200-day EMA at $ 107.28 by April or May. source: cointelegraph
#Bitcoin price drops but analysts say it's normal Bitcoin's price fell over 7% in the last 24 hours, causing some traders to lose money on leveraged bets (long positions). Analysts say this kind of drop is common during a bull market and isn't necessarily a sign of a trend reversal. Some analysts believe the price will rebound after a short-term dip. The fear and greed index suggests the market is still greedy despite the drop. **Here's a breakdown of the key points:** Price drop: Bitcoin's price went down significantly, leading to liquidations for traders who bet on the price going up (long positions). Analyst opinions: Experts say this is a normal fluctuation and shouldn't cause too much concern. Some even believe a short-term drop might be healthy for the market . Market sentiment: The fear and greed index suggests investors are still feeling greedy despite the price drop. **The recent price drop seems to be a normal part of the bull market cycle for Bitcoin according to analysts.**
The Winklevoss twins, famous for their early involvement with Facebook and their interest in cryptocurrency, are making a splash in the world of football (soccer). Bitcoin Boost for Real Bedford: Cameron and Tyler Winklevoss invested $ 4.5 million in Bitcoin (BTC) into Real Bedford Football Club (RBFC), becoming co-owners alongside Peter McCormack, a Bitcoin podcaster and the club's original owner. Building a Bitcoin Treasury: The invested Bitcoin will be used to create a financial reserve for the club, protecting it from inflation according to McCormack. Investing in the Future: Part of the funds will also go towards a new training center and supporting youth football programs, including girls' teams. Premier League Dreams: RBFC, currently a lower-league team, aspires to reach the prestigious English Premier League, joining giants like Manchester United and Chelsea. The Winklevoss twins share this ambition. Double Passion: This move highlights the Winklevoss twins' interest in both Bitcoin and sports. They believe Bitcoin can be a powerful tool for RBFC's success. Political Play: This news follows their recent donation to a pro-crypto political action committee, suggesting their continued push for cryptocurrency adoption. This is a unique story that merges cryptocurrency with the world of football. Whether the Winklevoss twins' investment and Bitcoin strategy will lead RBFC to the Premier League remains to be seen, but it's sure to be an interesting journey to follow. source: Cointelegraph
#Polygon (MATIC) Price Facing Potential Correction **Bearish Sentiment:** Growing investor pessimism is leading to a potential price correction for MATIC. **Whales Selling:** Large MATIC holders are selling their tokens, further pressuring the price. **Network Growth Slowdown:** The number of new users on the Polygon network is declining, indicating weakening adoption. **Support Levels:** MATIC could fall to $ 0.7422 or even $ 0.7000 if it loses current support. **Bullish Counterpoint:** A technical chart pattern suggests a possible price reversal if MATIC breaks above $ 0.8876. **MATIC is likely to experience a price drop in the near future. However, there is a possibility of a bullish reversal if certain technical indicators play out.**
The CEO of Binance, a major cryptocurrency exchange, is taking a bullish stance on the future of crypto, citing the recent introduction of ETFs as a key driver. In a YouTube video: https://www.youtube.com/watch?v=pKEsgX2CaR4, he argues that this crypto cycle is distinct from previous ones due to the influx of new users and liquidity brought in by ETFs. This has resulted in a significant inflow of capital, with the speaker mentioning a figure of 14 billion dollars. Traditional financial institutions are also joining the game, adding crypto as an asset class, which is expected to further increase market liquidity. While acknowledging the nascent stage of the crypto market, the speaker remains optimistic. He points to financial projections suggesting Bitcoin prices could reach $ 200,000 or even $ 250,000 by next year. However, he emphasizes the importance of conducting independent research before making any investment decisions. The video concludes with the revelation that the speaker himself has revised his Bitcoin price prediction upwards due to the ETF surge, although the specific new prediction remains undisclosed.
This Week in The Protocol (April 11, 2024) Bitcoin halving: Expected next week (around April 20th). Hashrate is predicted to recover to pre-halving levels in about 57 days on average (based on historical data). Ethereum issuance: Proposal to reduce new ETH issuance to decrease staking yields and control inflation. Some community members are skeptical about the necessity of this change. Meme coin craze: "Meme coin generator" projects like Pump are facilitating the creation of new meme coins on the Solana blockchain, raising questions about regulation. EU vs. MEV: European regulators are examining Maximum Extractable Value (MEV) in blockchain transactions, potentially considering it market abuse. Other interesting developments: Christie's auction house is entering the market for Ordinals (Bitcoin NFTs). Saga launched its mainnet, a layer-1 blockchain for building other layer-1 blockchains. Open Campus introduced EDU Chain, a layer-3 platform focused on education. EOS presented "exSat," a Bitcoin indexing layer on EOS. Farmsent, a Web3 marketplace for farmers, joined peaq blockchain for decentralized food trade. Ordz Games unveiled its BitBoy One, a handheld gaming device for Web3 games. Money Center: Analysis suggests that attacking the Ethereum network would be expensive due to the high value of staked ETH.
Solana has been experiencing a significant number of failed transactions recently, causing delays and frustration for users. To address this issue, a governance proposal called "Timely Vote Credits" has been passed. **Timely Vote Credits Proposal** Aims to improve transaction confirmation speed by rewarding validators who vote faster. Currently, validators get one vote credit per block regardless of voting speed. The proposal introduces a "latency" factor, awarding more credits for quicker votes. Includes a grace period to account for validator location and network latency. Potential impact on transaction speed remains unclear. **Recent Transaction Failures** On April 5th, around 75% of Solana transactions failed. The issue is attributed to a bug in the implementation of the QUIC networking protocol. Developers are targeting April 15th to release a fix. **Solana Token (SOL) Price** SOL has performed well in 2024, reaching a high of $ 200.Currently priced around $ 172, representing an 8.8% drop in the last week. **Overall** #Solana is working to resolve its transaction failure issues through a proposed governance change and a developer-implemented bug fix. Despite the recent problems, SOL has had a positive year overall.
#Bitcoin's halving event, happening around April 19-20, is stirring things up. Here's what you need to know: **Bitcoin Back Above $ 72,000:** After a shaky start to April, Bitcoin bounced back and surpassed the $ 72,000 mark. **Halving Hype:** The anticipation of the halving, where Bitcoin mining rewards get cut in half, is driving increased trading activity. **Volatility on the Horizon:** Expect significant price fluctuations in the next two weeks leading up to the halving. **Why the Hype?** **Scarcity Creates Value:** The halving reduces new Bitcoin entering circulation, potentially making existing coins more valuable in the long run. **Historical Price Increases:** Past halvings have been followed by price surges, although past performance doesn't guarantee future results. **Uncertainties Remain:** **All-Time High Starting Point:** This halving is happening at a much higher price point compared to previous ones. Will the effect be the same?
The upcoming Bitcoin halving and its potential impact on price: **#Bitcoin Halving and Price Speculation** Bitcoin's fourth halving is expected to take place in 12 days. Analysts are bullish on Bitcoin's price after the halving, with some predicting it could reach $ 100,000 or higher. **Reasons for Bullish Outlook** **Consolidation Phase:** Bitcoin has been consolidating above $ 60,000 for several weeks, indicating strong market confidence. **Decoupling from Stock Market:** Traditional economic indicators might not be reliable predictors of Bitcoin's price this time. **ETF and Spot Market Interaction:** Healthy trading volume in both Bitcoin ETFs and the spot market suggests a stable foundation for price. **Historical Performance:** Past halvings have triggered bullish momentum, and some analysts see similar patterns emerging.
**#FTX Sold Discounted SOL:** The bankrupt FTX estate sold a significant portion (25-30 million) of its Solana (SOL) tokens at a heavily discounted price ($ 64 each) - a 63% discount from the current price of $ 176.This generated around $ 1.9 billion for creditors. The tokens are locked for four years, preventing immediate market impact. **Buyers and Purpose:** Prominent firms like Galaxy Trading and Pantera Capital purchased these tokens. Galaxy Trading raised $ 620 million for a dedicated SOL fund, aiming for returns through staking and charging a 1% management fee. **Creditor Concerns:** The discounted sale price has angered FTX creditors who believe they deserve full value for their holdings based on the current market price. They argue it undervalues their assets and potentially benefits the buyers more. **Legal Action:** Some creditors filed a class-action lawsuit against Sullivan & Cromwell, the law firm involved in FTX's bankruptcy, alleging they participated in pre-bankruptcy fraud and shouldn't represent the estate. **Overall, the fire sale of SOL tokens by FTX to raise funds for creditors has backfired, creating friction between the estate and creditors who feel shortchanged.** The locked tokens add another layer of uncertainty to the situation.
Crypto Market Sentiment Seems to Be Shifting Based on Bitcoin-Ethereum Ratio **Bitcoin-Ethereum Ratio:** This ratio, currently at its highest since April 2021, suggests stronger demand for Bitcoin compared to Ethereum. This could signal a shift from "fear of missing out" (FOMO) to fear in the market, according to QCP Capital. **Bitcoin's Performance:** Bitcoin's price has been relatively flat around $ 65,000-$ 68,000 despite a brief touch of $ 70,000. Inflows into Bitcoin ETFs haven't significantly impacted the price. **Ethereum's Performance:** Ethereum's price has been weaker than Bitcoin's. The ETHBTC ratio is testing a key support level after dropping below 0.05. Selling of Ethereum calls has put downward pressure on its price. **Possible Implications:** **Shifting Risk Appetite:** The trends might indicate a decrease in risk appetite among investors, who might be favoring the stability of Bitcoin over Ethereum. **Ethereum and Altcoins:** Ethereum's performance could influence other alternative cryptocurrencies (altcoins) as well. **Bitcoin Price Prediction:** Crypto analyst Crypto Con discusses the possibility of a "double top" pattern for Bitcoin, similar to past market cycles. However, they believe a single top in December 2024 is more likely. **Overall, the information suggests a potential change in crypto market sentiment, with investors favoring Bitcoin over Ethereum. Ethereum's performance and its impact on altcoins are important factors to watch.**
Michael Saylor and Samson Mow, and their recent statements about the cryptocurrency. **Michael Saylor** **Opposes fiat currencies:** Saylor believes #Bitcoin is an alternative to traditional government-issued currencies (fiat). **Be your own bank:** He emphasizes the importance of self-custody using a hardware wallet and remembering the 12-word seed phrase for access. This aligns with the "not your keys, not your coins" principle in Bitcoin. **Recent tweet:** Saylor suggests that memorizing the 12 seed words is key to "becoming the money" yourself, highlighting Bitcoin's potential for financial empowerment. **Earlier comments:** He previously encouraged buying Bitcoin even during a price dip, demonstrating his confidence in its long-term value. **Samson Mow** **Bitcoin as a shield:** Mow compares Bitcoin to Captain America's shield, emphasizing its protective qualities against scams, inflation, and wasted work effort. **Long-term strategy:** He views Bitcoin as a tool for building a secure financial future. **Upcoming halving:** Mow plans to be actively involved during the upcoming Bitcoin halving event, expected later this month. He previously worked during past halvings to ensure smooth operation. Overall, both Saylor and Mow are strong proponents of Bitcoin, highlighting its potential as a financial tool and a hedge against traditional financial systems.
#DOGE price fell 21% to $ 0.18. Market Value to Realized Value (MVRV) ratio suggests many holders are at a loss (below -7.55%). This has historically preceded price recoveries for DOGE. Around $ 1.2 billion worth of DOGE is nearing profitability (bought between $ 0.169 - $ 0.188). Price is close to overcoming the $ 0.182 support level, which could trigger a rally. Potential price targets: $ 0.200 and $ 0.220 (new yearly high).
#Wormhole Protocol's native token, W, has debuted on major cryptocurrency exchanges, marking a significant step for the cross-chain transfer platform. **#Exchange Listings:** W is now available for trading on Binance, OKX, Bitget, and KuCoin. **Zero Listing Fee:** Binance offers W trading with zero listing fees, potentially attracting investors. #**Airdrop Distribution:** Nearly 400,000 wallets received a share of 678,823,000 Wormhole tokens (6.78% of the total supply). **Dual-Native Token:** W exists as both an ERC20 token on Ethereum and an SPL token on Solana. **Enhanced Security:** Wormhole utilizes zero-knowledge proofs (ZKPs) for secure cross-chain transfers.
#Bitcoin Hash Rate Surges with Rise in Price **Market Conditions Drive Older Miners Back Online:** Improved market conditions, with Bitcoin price reaching a new all-time high, made previously unprofitable mining operations turn back on. **Hash Rate Increase:** This resulted in a 14.7% increase in Bitcoin's hash rate since the beginning of 2024, which is equivalent to adding a significant amount of new mining power. **New Equipment also Contributes:** The deployment of latest-generation mining equipment like Bitmain S21s further boosted the hash rate growth. **Peak Hash Rate:** Bitcoin's hash rate peaked at 631 exahashes per second (EH/s) on a 7-day moving average in mid-March, shortly after the price reached its peak. **Overall, the increased profitability due to higher Bitcoin price incentivized miners to bring back older machines and deploy new ones, leading to a record-setting hash rate for the network.**
#OpenSea is introducing a new standard for NFTs called **ERC-721C**. This standard allows creators to set and enforce royalties on their NFTs, which means they will get a percentage of every time their NFT is sold. This is a big deal because previously, people could avoid paying royalties by selling NFTs through certain channels. The **ERC-721C** standard is expected to benefit NFT creators by making it easier for them to earn money from their work.
I know a lot of you are here because you believe Lens and the mission. Some questions for our power users and OGs. ****Honest answers only. Don’t be afraid to be brutally honest. - Why are you using Lens? How often? - What other socials are you using (web2 and other web3 models)? - Does Lens solve any obvious current problems better than others in feature set? (Both builders POV and users) - Do you care more about ownership, monetization or both equally? - What don’t you love about it right now? ie whats missing from the experience web2 or other web3 solutions do better. Looking for good data, not compliments.
#Vitalik Buterin, co-creator of #Ethereum, has doubts about Layer 3 (L3) networks for scaling Ethereum. **Buterin's argument:** - L3s don't necessarily improve transaction processing speed. - There might be "lighter" ways to achieve cost savings than L3s. - Classifying #L2 vs #L3 is still under debate. **Opposing viewpoint:** - Marc Boiron (Polygon CEO) believes L3s take value away from Ethereum and benefit L2s. - He argues that if all L3s rely on a single L2, Ethereum wouldn't capture value and its security would be at risk. **Current L3 landscape:** L3 ecosystem is still small with #Orbs, #Xai, #zkSync #Hyperchains, and Degen Chain as some players.
Today, The price of Bitcoin dropped more than 5% due to several reasons. First, there were many long liquidations, which means that investors who were betting that the price would go up were forced to sell their Bitcoin because the price went down instead. Second, the US Dollar Index (DXY) went up, which made the US dollar stronger. This made Bitcoin less attractive to investors because they could get a better return on their investment by buying US dollars instead. Third, some investors sold their Bitcoin to take profits. Finally, there were outflows from Bitcoin ETFs, which means that investors sold their shares of these ETFs. This also put downward pressure on the price of #Bitcoin.
Bitcoin's annualized 30-day historical volatility rose to nearly 60% late last week. This is the highest spread in at least a year. #Ether's 30-day realized volatility is nearly 10 percentage points lower than Bitcoin's. #Bitcoin's volatility has recently surpassed Ether's volatility. This is likely due to a combination of factors including the approval of spot Bitcoin ETFs, decreased expectation of an Ether ETF by May, and the upcoming Bitcoin halving event.
#Tether, a major company issuing stablecoins (cryptocurrency pegged to a stable asset like USD), has been buying a lot of #Bitcoin recently. They now hold over 75,000 Bitcoins, worth more than $ 5.3 billion. This is part of a bigger plan by Tether to be more involved in the crypto industry. They are not just issuing stablecoins anymore, but also investing in Bitcoin and other areas like AI and Bitcoin mining. This shows they want to be a bigger player in the industry, not just with stablecoins. #USDT
#Dogecoin's price surged 10% in the past day despite the general downward trend in the crypto market. **Whales:** Big investors (whales) buying Dogecoin and moving older holdings back into circulation. **Short squeeze:** Traders betting on Dogecoin's price to fall (shorting) were forced to buy to cover their losses as the price went up. **Profitable holders:** Most Dogecoin holders are currently in profit because the price is above what they paid for it. **Surpassing $ 0.20:** Reaching a price point of $ 0.20 by the end of March might have triggered further buying.
A graph from #TradingView that charts the price of #gold denominated in #Bitcoin (GOLD/BTCUSD) over a long period of time. It appears to cover most of the existence of Bitcoin (since 2012) up to March 1st, 2024. The price of gold denominated in Bitcoin appears to be much more volatile than the price of gold itself. This is because the price is influenced by the fluctuations of both gold and Bitcoin. Over the long term, the price of gold denominated in Bitcoin has trended upwards. However, there have been significant periods of decline as well. As of March 1st, 2024, the price of gold per Bitcoin is around 0.07, and today 0.03
#Easter Sunday, a time for family, food, and... checking your #Bitcoin price? Believe it or not, some crypto enthusiasts track Bitcoin's performance on this specific holiday. Let's take a trip down memory lane and see how Bitcoin has fared on Easter Sunday through the years. **Early Days (2012-2016):** In 2012, Bitcoin was still a fledgling cryptocurrency, trading at a mere $ 4.86 on Easter Sunday. The following year saw a significant jump to $ 92, indicating growing interest. Prices continued a steady climb, reaching $ 457 by Easter 2014. However, 2015 saw a dip to $ 244, followed by a rebound to $ 416 in 2016. **The Rollercoaster (2017-2023):** Buckle up! 2017 marked a turning point, with Bitcoin skyrocketing to $ 1,071 by Easter. This bullish trend continued in 2018, with a price of $ 6,973. However, the market went through a correction in 2019, with the price dropping to $ 4,105 on Easter Sunday. **Pandemic and Beyond (2020-2024):** The year 2020 saw a resurgence in Bitcoin's price, reaching $ 6,448 by Easter. This upward trend continued in 2021, with a staggering price of $ 58,801 on Easter Sunday. The market cooled down in 2022, with the price settling at $ 45,823. In 2023, there was another dip to $ 28,556. **The 2024 Surprise:** As of today, April 1st, 2024, Bitcoin is defying expectations and trading at a whopping $ 70,520! Could this be the start of another bull run, or a temporary blip? Only time will tell.
GoDaddy and ENS Team Up **Great news for domain owners and crypto users!** GoDaddy and Ethereum Name Service (ENS) have joined forces to simplify how you connect your domain name to your crypto wallet. This means you can finally ditch those long, confusing wallet addresses and use your familiar domain name for crypto transactions on hundreds of blockchain applications. **Domain Names: Your Digital Address** For decades, domain names have been like our online addresses. They help people find us on the web, whether it's a personal website or a company's homepage. **Crypto Wallets: Secure Storage for Digital Currency** Crypto wallets are like digital vaults for your cryptocurrency. They keep your funds safe and allow you to send and receive them. But the problem? Wallet addresses can be a jumble of letters and numbers, making them difficult to remember and share. **Bridging the Gap: Easier Crypto Transactions** This is where ENS comes in. They've created a system that lets you link your crypto wallet to your domain name. Now, instead of sharing a complex address, you can simply use your domain name for transactions on various blockchain apps. No extra fees, no need to learn new tech – just a smoother crypto experience. **GoDaddy Makes it Easy** Thanks to this partnership, GoDaddy has added a new feature that lets you easily connect your domain name to your ENS-compatible crypto wallet. Popular wallets like Coinbase Wallet, MetaMask, and Uniswap are all supported. **Benefits for Everyone** This collaboration between GoDaddy and ENS is a big step forward for both the traditional web and the growing world of cryptocurrency. It makes crypto transactions easier and more user-friendly, while also adding value to your existing domain name. more info: https://godaddy.com/help/link-my-godaddy-domain-to-ens-41953?lc=en-US
MoneyFox Avatar #collect #nft
Yesterday, Doodles co-founder launched a memecoin called Poopcoin. It gained $ 60 million trading volume in just 10 hours despite warnings of its worthlessness. The coin was airdropped to Doodles NFT holders and early adopters. Two wallets acquired over 36% of the total supply soon after the launch. The price is volatile and has been declining. This highlights the absurdity and unpredictability of memecoins.
https://mirror.xyz/moneyfox.eth/1N-uJQlUlsi7myu6cntsxMWpn9lczwanEx_Nu1CQHos