⌛️ In the last 8 hours ~$210m worth of BTC has been deposited on Binance in multiple transactions

#BTC #Binance

😔 Cardano founder Charles Hoskinson criticised Bitcoin for its lack of innovation

And also stated that it could gradually lose its position in the market.

While BTC supporter Tuur Demester pointed out that in just 3 years Cardano has gone from 10% of bitcoin's market value to a measly 1% and has fallen out of the top 10, and ADA prices have fallen 89.2% from ATH in September 2021.

#ADA #BTC

🔵 The number of active addresses in the Bitcoin network has fallen to new 2024 lows

Thereby reaching the level that was recorded 3 years ago when Bitcoin was trading around $45,000.

#BTC

🇨🇭 The $290 billion Zurich Cantonal Bank announced the launch of a service to sell BTC and ETH

#btc #eth

📉 Arthur Hayes has opened a short on BTC at $50k level

According to him, he expects such a price already this weekend.

#btc

💀 Bitcoin tested the $54k level last night

For the week, the drawdown is over 7%.

So Arthur Hayes was right, then?

#btc

🇦🇪 The UAE's first multi-unit nuclear power plant has begun operation

It will produce 40 terawatt hours of electricity annually, covering 25 per cent of the country's needs.

This development comes about a year after the UAE struck a $406m deal with Marathon Digital to build a huge immersively cooled BTC mining complex.

#uae #btc

🔝 Top countries by BTC holdings

🟢USA - 204,280 BTC
🟢China - 190,000 BTC
🟢UK - 61,000 BTC
🟢Ukraine - 46,351 BTC
🟢El Salvador - 5,861 BTC

#btc

⌛ Bernstein predicts if Trump wins the election Bitcoin could reach $90,000

And in case Harris wins, the first cryptocurrency could fall to $30,000.

#btc #trump #harris