• How does bitcoin's capitalization look like against other assets that people use to preserve value (fiat, gold, real estate, and others)

    Their total value today exceeds $872 trillion

    If BTC gets 1% of that market, it would be worth $450,000

    #somee#hive#bitcoin#cryptocurrency#
    How does bitcoin's capitalization look like against other assets that people use to preserve value (fiat, gold, real estate, and others)

    Their total value today exceeds $872 trillion

    If BTC gets 1% of that market, it would be worth $450,000

    #somee#hive#bitcoin#cryptocurrency#
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  • Recent News in Crypto

    Bitcoin mining difficulty rises 3.4% to all-time high as hashrate jumps
    10 minutes ago via forkast.news (">https://cryptopanic.com/news/18473557/Bitcoin-mining-difficulty-rises-34-to-all-time-high-as-hashrate-jumps)

    Winklevoss twins' crypto exchange Gemini to seek UAE crypto license
    35 minutes ago via cointelegraph.com (">https://cryptopanic.com/news/18473321/Winklevoss-twins-crypto-exchange-Gemini-to-seek-UAE-crypto-license)

    Japanese AI experts raise concern over bots trained on copyrighted material
    44 minutes ago via cointelegraph.com (">https://cryptopanic.com/news/18473308/Japanese-AI-experts-raise-concern-over-bots-trained-on-copyrighted-material)

    BNB Price Prediction: Risk of Sharp Drop Below $300
    1 hour ago via newsbtc.com (">https://cryptopanic.com/news/18473294/BNB-Price-Prediction-Risk-of-Sharp-Drop-Below-300)

    Chinese Police Detain Team Behind Yuan-Backed CNHC Stablecoin: Report
    1 hour ago via cryptopotato.com (">https://cryptopanic.com/news/18473290/Chinese-Police-Detain-Team-Behind-Yuan-Backed-CNHC-Stablecoin-Report)
    #news #crypto #blockchain
    Recent News in Crypto

    Bitcoin mining difficulty rises 3.4% to all-time high as hashrate jumps
    10 minutes ago via forkast.news (">https://cryptopanic.com/news/18473557/Bitcoin-mining-difficulty-rises-34-to-all-time-high-as-hashrate-jumps)

    Winklevoss twins' crypto exchange Gemini to seek UAE crypto license
    35 minutes ago via cointelegraph.com (">https://cryptopanic.com/news/18473321/Winklevoss-twins-crypto-exchange-Gemini-to-seek-UAE-crypto-license)

    Japanese AI experts raise concern over bots trained on copyrighted material
    44 minutes ago via cointelegraph.com (">https://cryptopanic.com/news/18473308/Japanese-AI-experts-raise-concern-over-bots-trained-on-copyrighted-material)

    BNB Price Prediction: Risk of Sharp Drop Below $300
    1 hour ago via newsbtc.com (">https://cryptopanic.com/news/18473294/BNB-Price-Prediction-Risk-of-Sharp-Drop-Below-300)

    Chinese Police Detain Team Behind Yuan-Backed CNHC Stablecoin: Report
    1 hour ago via cryptopotato.com (">https://cryptopanic.com/news/18473290/Chinese-Police-Detain-Team-Behind-Yuan-Backed-CNHC-Stablecoin-Report)
    #news #crypto #blockchain
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  • Do you know you can earn free $400 worth of 20,000 BS coin? Yes is that easy

    Tap the link to download the app
    https://battlesteed.ai

    1. register and save your privates key
    2. Goto "My Profile"
    3:select invitation and enter this code:mfem1m to receive $400 instantly

    #ait #bicassoai #btc #airdrop #rrading
    Do you know you can earn free $400 worth of 20,000 BS coin? Yes is that easy

    Tap the link to download the app
    https://battlesteed.ai

    1. register and save your privates key
    2. Goto "My Profile"
    3:select invitation and enter this code:mfem1m to receive $400 instantly

    #ait #bicassoai #btc #airdrop #rrading
    Like
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  • POS Vs POW
    Best start time around 57mins and listen until at least around 1:30mins.
    This is why POW and BTC is a big deal. https://podcastnotes.org/bitcoin-fundamentals-with-preston-pysh/proof-of-stake-versus-proof-of-work-with-jason-lowery-bitcoin-fundamentals-with-preston-pysh-ep-098/ #POW #POS #blockchain
    POS Vs POW
    Best start time around 57mins and listen until at least around 1:30mins.
    This is why POW and BTC is a big deal. https://podcastnotes.org/bitcoin-fundamentals-with-preston-pysh/proof-of-stake-versus-proof-of-work-with-jason-lowery-bitcoin-fundamentals-with-preston-pysh-ep-098/ #POW #POS #blockchain
    PODCASTNOTES.ORG
    Proof of Stake versus Proof of Work with Jason Lowery | Bitcoin Fundamentals with Preston Pysh Ep. 098 • Podcast Notes
    MIT Graduate student and US National Defense Fellow Jason Lowery discusses the strategic security implications of Bitcoin and proof-of-work.
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  • ️Bitcoin repeats its 2014-2017 pattern

    That time the price went to a new high. If it happens this time as well, the target for BTC will be the $70,000 zone

    What do you think the same scenario will happen again?

    #somee#cryptocurrency#bitcoin#hive#
    ️Bitcoin repeats its 2014-2017 pattern

    That time the price went to a new high. If it happens this time as well, the target for BTC will be the $70,000 zone

    What do you think the same scenario will happen again?

    #somee#cryptocurrency#bitcoin#hive#
    Like
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  • What is in store for BTC this week ? Will retest 28,500 or 26,000; should be interesting either way. BTC USDT 1 hour chart from trading view.
    What is in store for BTC this week ? Will retest 28,500 or 26,000; should be interesting either way. BTC USDT 1 hour chart from trading view.
    Like
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  • #btc reclaimed it 28k support, thought this doesn't look like a strong breakout there's load of selling position to bring the price down low, could be a bull trap for the bull traders.

    #awesme #somee #bitcoin #crypto
    #btc reclaimed it 28k support, thought this doesn't look like a strong breakout there's load of selling position to bring the price down low, could be a bull trap for the bull traders.

    #awesme #somee #bitcoin #crypto
    Like
    2
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  • Image Source: https\://www.escapeartist.com/wp-content/uploads/2018/05/step0001.jpg
    Bitcoin, the pioneering cryptocurrency, has gained significant attention and popularity since its inception in 2009. However, its decentralized nature, volatility, and potential risks have led to debates about the possibility of governments considering the outlawing of Bitcoin. In this article, we will explore some potential reasons that could contribute to such a decision.
    Regulatory Challenges:
    One primary concern for governments is the lack of regulatory oversight in the cryptocurrency market. Bitcoin's decentralized nature allows for anonymous transactions and can potentially facilitate illicit activities such as money laundering, tax evasion, and illegal transactions. Despite efforts to establish regulations and anti-money laundering measures, the anonymity provided by Bitcoin still poses a challenge for authorities to monitor and control financial transactions effectively.
    Financial Stability and Consumer Protection:
    Bitcoin's extreme price volatility can disrupt financial stability and endanger consumer protection. The cryptocurrency's value has witnessed significant fluctuations, often driven by speculative trading, market manipulation, or unexpected events. Such volatility can negatively impact investors, businesses, and overall economic stability. Governments may see the need to protect their citizens from potential financial losses associated with participating in the volatile cryptocurrency market.
    Monetary Policy Control:
    Central banks maintain the responsibility of implementing monetary policy to manage national economies effectively. Bitcoin, being decentralized and beyond government control, poses a challenge to the central bank's ability to influence and regulate monetary systems. If Bitcoin gains widespread acceptance, it could potentially undermine a government's control over its own currency, leading to potential economic instability.
    Cybersecurity and Fraud:
    As with any digital platform, Bitcoin and other cryptocurrencies are susceptible to hacking, fraud, and cyber attacks. Despite the implementation of robust security measures, cryptocurrency exchanges and wallets have experienced numerous high-profile breaches in recent years. These security vulnerabilities raise concerns regarding the protection of users' funds and the potential for criminal activities, which could further contribute to governments considering the outlawing of Bitcoin.
    Potential Loss of Tax Revenue:
    Governments rely on tax revenues to fund public services and infrastructure development. The anonymity associated with Bitcoin transactions presents challenges for tax authorities to identify and track taxable income. The potential widespread adoption of Bitcoin could lead to a substantial loss of tax revenue, making it difficult for governments to meet their financial obligations.
    Conclusion:
    While Bitcoin has attracted a vast user base and supporters who believe in its potential to revolutionize the financial system, several factors may lead governments to consider outlawing it. Regulatory challenges, concerns regarding financial stability and consumer protection, the potential loss of monetary policy control, cybersecurity risks, and the potential impact on tax revenues are some of the primary reasons that may drive governments towards such a decision. However, it's important to note that this article explores potential reasons and does not reflect the definitive outcome or consensus on the future of Bitcoin. The cryptocurrency landscape remains complex and subject to ongoing discussions and developments. #bitcoin #btc #someeofficial #waivio #thgaming #nftm #archon #hivelist

    Image Source: https\://www.escapeartist.com/wp-content/uploads/2018/05/step0001.jpg
    Bitcoin, the pioneering cryptocurrency, has gained significant attention and popularity since its inception in 2009. However, its decentralized nature, volatility, and potential risks have led to debates about the possibility of governments considering the outlawing of Bitcoin. In this article, we will explore some potential reasons that could contribute to such a decision.
    Regulatory Challenges:
    One primary concern for governments is the lack of regulatory oversight in the cryptocurrency market. Bitcoin's decentralized nature allows for anonymous transactions and can potentially facilitate illicit activities such as money laundering, tax evasion, and illegal transactions. Despite efforts to establish regulations and anti-money laundering measures, the anonymity provided by Bitcoin still poses a challenge for authorities to monitor and control financial transactions effectively.
    Financial Stability and Consumer Protection:
    Bitcoin's extreme price volatility can disrupt financial stability and endanger consumer protection. The cryptocurrency's value has witnessed significant fluctuations, often driven by speculative trading, market manipulation, or unexpected events. Such volatility can negatively impact investors, businesses, and overall economic stability. Governments may see the need to protect their citizens from potential financial losses associated with participating in the volatile cryptocurrency market.
    Monetary Policy Control:
    Central banks maintain the responsibility of implementing monetary policy to manage national economies effectively. Bitcoin, being decentralized and beyond government control, poses a challenge to the central bank's ability to influence and regulate monetary systems. If Bitcoin gains widespread acceptance, it could potentially undermine a government's control over its own currency, leading to potential economic instability.
    Cybersecurity and Fraud:
    As with any digital platform, Bitcoin and other cryptocurrencies are susceptible to hacking, fraud, and cyber attacks. Despite the implementation of robust security measures, cryptocurrency exchanges and wallets have experienced numerous high-profile breaches in recent years. These security vulnerabilities raise concerns regarding the protection of users' funds and the potential for criminal activities, which could further contribute to governments considering the outlawing of Bitcoin.
    Potential Loss of Tax Revenue:
    Governments rely on tax revenues to fund public services and infrastructure development. The anonymity associated with Bitcoin transactions presents challenges for tax authorities to identify and track taxable income. The potential widespread adoption of Bitcoin could lead to a substantial loss of tax revenue, making it difficult for governments to meet their financial obligations.
    Conclusion:
    While Bitcoin has attracted a vast user base and supporters who believe in its potential to revolutionize the financial system, several factors may lead governments to consider outlawing it. Regulatory challenges, concerns regarding financial stability and consumer protection, the potential loss of monetary policy control, cybersecurity risks, and the potential impact on tax revenues are some of the primary reasons that may drive governments towards such a decision. However, it's important to note that this article explores potential reasons and does not reflect the definitive outcome or consensus on the future of Bitcoin. The cryptocurrency landscape remains complex and subject to ongoing discussions and developments. #bitcoin #btc #someeofficial #waivio #thgaming #nftm #archon #hivelist
    Like
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  • ️ Crypto exchange OKX published the seventh proof of reserves.

    The total value of reserve assets of BTC, ETH, USDT is $10 billion.

    #somee#okx#cryptocurrency#binance#hive#
    ️ Crypto exchange OKX published the seventh proof of reserves.

    The total value of reserve assets of BTC, ETH, USDT is $10 billion.

    #somee#okx#cryptocurrency#binance#hive#
    Like
    4
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  • BTC options expire day today so probably a lot of whip saw movement. Looks to be breaking up at the 1 hour on trading view BTC USDT chart. Should be interesting trading day !
    BTC options expire day today so probably a lot of whip saw movement. Looks to be breaking up at the 1 hour on trading view BTC USDT chart. Should be interesting trading day !
    Like
    15
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  • That is one ugly looking chart to wake up to in BTC ! Looks like two drops maybe one more on smaller time frames before seeing this settle out to retrace. Stay safe today with news events. 15 minute chart on trading view BTC USDT.
    That is one ugly looking chart to wake up to in BTC ! Looks like two drops maybe one more on smaller time frames before seeing this settle out to retrace. Stay safe today with news events. 15 minute chart on trading view BTC USDT.
    Like
    Wow
    17
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  • Investors love Binance for several compelling reasons. Binance, founded in 2017 by Changpeng Zhao (CZ), has emerged as one of the leading cryptocurrency exchanges in the world. Here are some key factors that contribute to its popularity among investors:
    Strong Market Position: Binance has established a dominant position in the global cryptocurrency market. It consistently ranks among the largest exchanges by trading volume and boasts a broad user base. The exchange's popularity and reputation attract a vast pool of traders and investors, ensuring high liquidity and a wide range of trading opportunities.
    Extensive Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies for trading. It supports a vast array of digital assets, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as numerous altcoins. This wide range of options allows investors to diversify their portfolios and capitalize on various investment opportunities.
    User-Friendly Interface: Binance provides a user-friendly and intuitive interface, making it accessible to both beginner and experienced traders. The platform offers a seamless trading experience with advanced charting tools, order types, and customizable settings. Additionally, Binance offers a simplified interface for novice users, ensuring a smooth onboarding process.
    Robust Security Measures: Security is a top priority for Binance. The exchange has implemented several measures to safeguard user funds and data. These include two-factor authentication (2FA), withdrawal whitelisting, cold storage for the majority of funds, and regular security audits. Binance's commitment to maintaining a secure platform instills confidence in investors and helps protect against potential security breaches.
    Wide Range of Services: Binance offers more than just a trading platform. It has expanded its services to cater to various investor needs. Binance features a decentralized exchange (Binance DEX), margin trading, futures trading, staking, lending, and a launchpad for token sales, providing investors with diverse avenues to explore and profit from different investment strategies.
    Innovation and Adaptability: Binance has a track record of innovation and adaptability to market trends. The exchange frequently introduces new features, products, and services to stay ahead of the curve and meet the evolving needs of its users. Binance's ability to adapt to the changing landscape of the cryptocurrency industry makes it an attractive platform for investors seeking growth and innovation.
    Binance Coin (BNB) Utility: Binance has its native cryptocurrency, Binance Coin (BNB), which adds an additional layer of value for investors. BNB offers various utilities within the Binance ecosystem, such as discounted trading fees, participation in token sales, and access to exclusive events. BNB has demonstrated significant growth and has become one of the most valuable and widely used cryptocurrencies, further increasing its appeal to investors.
    Strong Leadership and Reputation: Binance's founder and CEO, Changpeng Zhao (CZ), has established himself as a prominent figure in the cryptocurrency industry. CZ's leadership and vision have propelled Binance's success and earned the trust of investors. The exchange's commitment to transparency, compliance, and regulatory efforts has also helped build a strong reputation within the crypto community and traditional financial sectors.
    Overall, Binance's strong market position, extensive range of cryptocurrencies, user-friendly interface, robust security measures, wide range of services, innovation, BNB utility, and strong leadership make it a preferred choice for investors looking to participate in the cryptocurrency market. However, it's essential to conduct thorough research and consider individual investment goals and risk tolerance before making any investment decisions.

    Investors love Binance for several compelling reasons. Binance, founded in 2017 by Changpeng Zhao (CZ), has emerged as one of the leading cryptocurrency exchanges in the world. Here are some key factors that contribute to its popularity among investors:
    Strong Market Position: Binance has established a dominant position in the global cryptocurrency market. It consistently ranks among the largest exchanges by trading volume and boasts a broad user base. The exchange's popularity and reputation attract a vast pool of traders and investors, ensuring high liquidity and a wide range of trading opportunities.
    Extensive Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies for trading. It supports a vast array of digital assets, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as numerous altcoins. This wide range of options allows investors to diversify their portfolios and capitalize on various investment opportunities.
    User-Friendly Interface: Binance provides a user-friendly and intuitive interface, making it accessible to both beginner and experienced traders. The platform offers a seamless trading experience with advanced charting tools, order types, and customizable settings. Additionally, Binance offers a simplified interface for novice users, ensuring a smooth onboarding process.
    Robust Security Measures: Security is a top priority for Binance. The exchange has implemented several measures to safeguard user funds and data. These include two-factor authentication (2FA), withdrawal whitelisting, cold storage for the majority of funds, and regular security audits. Binance's commitment to maintaining a secure platform instills confidence in investors and helps protect against potential security breaches.
    Wide Range of Services: Binance offers more than just a trading platform. It has expanded its services to cater to various investor needs. Binance features a decentralized exchange (Binance DEX), margin trading, futures trading, staking, lending, and a launchpad for token sales, providing investors with diverse avenues to explore and profit from different investment strategies.
    Innovation and Adaptability: Binance has a track record of innovation and adaptability to market trends. The exchange frequently introduces new features, products, and services to stay ahead of the curve and meet the evolving needs of its users. Binance's ability to adapt to the changing landscape of the cryptocurrency industry makes it an attractive platform for investors seeking growth and innovation.
    Binance Coin (BNB) Utility: Binance has its native cryptocurrency, Binance Coin (BNB), which adds an additional layer of value for investors. BNB offers various utilities within the Binance ecosystem, such as discounted trading fees, participation in token sales, and access to exclusive events. BNB has demonstrated significant growth and has become one of the most valuable and widely used cryptocurrencies, further increasing its appeal to investors.
    Strong Leadership and Reputation: Binance's founder and CEO, Changpeng Zhao (CZ), has established himself as a prominent figure in the cryptocurrency industry. CZ's leadership and vision have propelled Binance's success and earned the trust of investors. The exchange's commitment to transparency, compliance, and regulatory efforts has also helped build a strong reputation within the crypto community and traditional financial sectors.
    Overall, Binance's strong market position, extensive range of cryptocurrencies, user-friendly interface, robust security measures, wide range of services, innovation, BNB utility, and strong leadership make it a preferred choice for investors looking to participate in the cryptocurrency market. However, it's essential to conduct thorough research and consider individual investment goals and risk tolerance before making any investment decisions.
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  • Happy Belated Bitcoin Pizza Day!

    🏻 Here's a look at how the price of $BTC has changed on May 22 since 2010

    #somee#bitcoin#pizzaday#cryptocurrency#
    Happy Belated Bitcoin Pizza Day!

    🏻 Here's a look at how the price of $BTC has changed on May 22 since 2010

    #somee#bitcoin#pizzaday#cryptocurrency#
    Like
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  • Dubai to build world's first BTC tower.

    The Dubai-based technology firm Arabian Chain Technology has announced the construction of the world's first Bitcoin Tower, a state-of-the-art building that will serve as the centerpiece of the city's burgeoning cryptocurrency industry.

    The facility will be a hub for blockchain technology research and development, as well as a venue for conferences, meetings, and educational seminars. The building will also house a multi-level data center to facilitate the use of blockchain technology and cryptocurrency transactions.

    Presentation on May 24, 2023 🗓

    #somee#bitcoin#cryptocurrency#dubai#
    Dubai to build world's first BTC tower.

    The Dubai-based technology firm Arabian Chain Technology has announced the construction of the world's first Bitcoin Tower, a state-of-the-art building that will serve as the centerpiece of the city's burgeoning cryptocurrency industry.

    The facility will be a hub for blockchain technology research and development, as well as a venue for conferences, meetings, and educational seminars. The building will also house a multi-level data center to facilitate the use of blockchain technology and cryptocurrency transactions.

    Presentation on May 24, 2023 🗓

    #somee#bitcoin#cryptocurrency#dubai#
    Like
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