Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
LONG BTC
--・2.4k views
🎉Great news for BTC enthusiasts! A recent Binance survey reveals that a whopping 73% of European residents are optimistic about the future of cryptocurrencies! 🚀 Conducted across France, Italy, Spain, and Sweden, the survey found that 55% of respondents interact exclusively with digital assets, while 24% said that more than half of their total trading activities involve crypto. 📈 The primary drivers for mainstream adoption in Europe are high returns, decentralization, and innovation, according to 20%, 18%, and 17% of respondents, respectively. 🌐 Moreover, 55% of survey participants use cryptocurrencies for everyday purchases, with 10% making crypto purchases weekly. 💳 Binance CMO Rachel Conlan believes that Europe's secure and harmonized regulatory framework is paving the way for mainstream adoption of digital assets. 🌍 So, let's keep our eyes on the prize and watch the crypto world grow! 🌱💰

🎉Great news for BTC enthusiasts! A recent Binance survey reveals that a whopping 73% of European residents are optimistic about the future of cryptocurrencies! 🚀

Conducted across France, Italy, Spain, and Sweden, the survey found that 55% of respondents interact exclusively with digital assets, while 24% said that more than half of their total trading activities involve crypto. 📈

The primary drivers for mainstream adoption in Europe are high returns, decentralization, and innovation, according to 20%, 18%, and 17% of respondents, respectively. 🌐

Moreover, 55% of survey participants use cryptocurrencies for everyday purchases, with 10% making crypto purchases weekly. 💳

Binance CMO Rachel Conlan believes that Europe's secure and harmonized regulatory framework is paving the way for mainstream adoption of digital assets. 🌍

So, let's keep our eyes on the prize and watch the crypto world grow! 🌱💰

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
LONG BTC
@Square-Creator-4d9133520

Explore More From Creator

🚀Buckle up, BTC enthusiasts! DYDX, the native token of the dYdX Chain, has transformed from a governance-only coin to a dynamic asset within just six months of its launch. 🎉 Launched in October 2023, DYDX is now the powerhouse of the layer-1 blockchain, enabling decentralized governance and staking rewards. Before that, the dYdX Foundation had launched ethDYDX in August 2021 as a governance token for the Ethereum-based layer-2 protocol. In September 2023, the dYdX community voted to adopt DYDX as the native token of the dYdX Chain. A wethDYDX smart contract was deployed to serve as a bridge for token holders to convert their ethDYDX to DYDX. Currently, more than 75% of all ethDYDX have been converted to DYDX and migrated to the dYdX Chain. The dYdX Chain was designed with a staking reward mechanism that distributes 100% of the protocol’s fees, paid predominantly in Circle (USDC), to stakers. This mechanism incentivizes security provision and opens up various practical use cases for Stakers. More than 18,900 DYDX stakers are receiving rewards, with $20 million disbursed so far. Earlier this month, the dYdX community approved a proposal to liquid-stake 20 million DYDX to reduce the chance of malicious attacks, improve network security, and decentralize validator operations. The dYdX Chain now has over $120 billion in cumulative trading volume with increasing staked assets. DYDX has a total supply of 1 billion tokens, a circulating supply of 501 million DYDX, and a five-year token distribution schedule. So, keep your eyes on the prize, folks! 🚀🌕
--
🚀🚀Buckle up, Bitcoin enthusiasts! Binance's reign as the dominant Bitcoin trading platform outside the U.S. is seeing a bit of a shake-up! According to data from Kaiko, Binance's share of BTC trading has slipped from a whopping 81.3% to 55.3% in the past year. 📉📉 🔍🔍What's the scoop? Well, it seems that smaller exchanges like Bybit and OKX are gaining traction as trading volumes rebound. Bybit's share of global Bitcoin trading outside the U.S. has rocketed to 9.3% from 2%, and OKX's share has risen to 7.3% from 3%. 🚀🚀 🎭🎭The plot thickens with Bitcoin's fourth halving event over the weekend. Despite the hype, the short-term impact has been a mixed bag. Bitcoin has slightly outperformed its previous halvings in the first few days, up over 3% since the event. But don't fret, long-term trajectory remains bullish. 🐂🐂 💰💰However, one eyebrow-raising development was the surge in transaction fees on the Bitcoin network. The average network fee hit an all-time high of $146, leaving Ethereum’s average fee of $3 in the dust. 😲😲 🔧🔧Meanwhile, Binance is working to rebuild its reputation amid U.S. regulatory scrutiny under new leadership by Richard Teng, a former Singaporean regulator. The exchange has implemented stricter token listing criteria and formed a board of directors as part of this effort. 👨‍💼👨‍💼 🌍🌍As geopolitical tensions rise in the Middle East, the demand for safe-haven assets has increased. However, Bitcoin has failed to attract significant inflows, dropping 6% in value in April. Kaiko suggests this could be due to the halving, which historically results in increased short-term volatility. 🎢🎢 So, Bitcoin fans, keep your eyes peeled for more exciting developments in the world of BTC! 🌐🌐
--
🚀Bitcoin enthusiasts, buckle up! The fourth BTC halving is behind us, and despite some naysayers, the BTC party is far from over! 🎉 The halving, which saw block rewards drop to 3.125 BTC, has historically been a bull cycle catalyst. However, some are skeptical about its impact this time around. But, fear not! There are plenty of other reasons to be bullish about Bitcoin. 🐂 First up, the US Securities and Exchange Commission gave the green light to nearly a dozen spot Bitcoin ETFs earlier this year. These products, led by BlackRock's IBIT and Fidelity's FBTC, attracted billions of dollars in BTC, pushing spot BTC prices to new heights. 📈 But wait, there's more! BNY Mellon, one of the US's oldest and largest banking organizations, recently disclosed its exposure to some of these spot BTC ETFs. Furthermore, Morgan Stanley is reportedly considering allowing its 15,000 brokers to recommend clients purchase spot Bitcoin ETF funds. 🏦 And let's not forget about developments outside the US. Hong Kong is gearing up to launch its own spot Bitcoin and Ethereum ETFs. While the market size may be smaller, analysts like Lark Davis believe this could create a "massive ripple effect" across Asia. 🌏 So, if you're feeling bearish about Bitcoin, these developments might just change your mind! 🚀🌕
--
🚀Buckle up, BTC enthusiasts! A recent report from CryptoQuant has revealed a dramatic drop in the portion of Bitcoin miner revenue coming from transaction fees. 📉 From a whopping 75% on April 19, it's now down to 35%! 🎆 Remember the Bitcoin halving event last Friday? That's when miner block rewards were cut in half, dropping daily issuance from an average of 900 BTC to 450 BTC. On that day, miner revenue rocketed to $100 million, largely due to a surge in transaction fees. 🚀 🔥 A big driver of these high fees was the Runes protocol, launched on the Bitcoin halving block. It led to a record high of 512,000 uses of OP RETURN codes as users flocked to the protocol. 💔 But the party didn't last long. Less than 24 hours after the halving, transaction fees returned to lower levels and have stayed there. Miner revenue is now around $50 million, a 35% drop from pre-halving highs. 😰 With transaction fees falling and BTC struggling to break past $64,000, some miners may soon be forced to bow out. But don't panic just yet! CryptoQuant says it's too early to predict any long-term effects of the halving on the network hashrate. 🤷‍♂️ So, keep your eyes peeled, BTC fans! This rollercoaster ride isn't over yet! 🎢
--
Hey there, BTC enthusiasts! 🚀 Bitcoin's been on a bit of a rollercoaster ride lately, with some bearish moves over the past few days. It took a dip to $62,300 yesterday but has since bounced back, gaining almost $2,000. Now that's resilience! 💪 BTC is now back in the ring, challenging the $64K mark. Just a week ago, we saw the fourth halving, which cut block rewards for miners by half. This, along with escalating tensions between Iran and Israel, caused some serious price volatility. 🎢 After a huge drop to under $59,500, BTC made a comeback, jumping more than $5,000 and hitting above $65,000 last weekend. It even spiked above $67,000 a couple of times during the week. But alas, the bears took over and BTC took a tumble to $62,800 on Wednesday. It managed to bounce back to $65,000 on Thursday but was pushed down again to $62,400 on Saturday. 📉 But don't despair, BTC fans! The bulls have stepped in and BTC is now trading close to $64,000. Its market cap is nearing a whopping $1.260 trillion, although its dominance over altcoins has slipped to 50.1%. 🐂 In the meantime, most altcoins are outperforming BTC. Ethereum, for instance, is up more than 6% in the past 24 hours and trading above $3,300. Solana and Toncoin have also seen similar gains. 📈 The total crypto market cap, which had dropped by over $150 billion in just a few days, is now back above $2.5 trillion, gaining $60 billion overnight. So, keep your eyes on the prize, crypto fans! The game is still on! 🏁
--

Latest News

Ethereum's Second-Layer Network Scroll Completes Bernoulli Mainnet Upgrade
--
US Prosecutors Accuse Samourai Wallet Co-Founders of $2 Billion Illegal Transactions
--
BNB Drops Below 590 USDT with a 1.77% Decrease in 24 Hours
--
South Korea's Justice and Interior Ministries to Discuss Upgrading Virtual Asset Crime Investigation Team
--
Ethereum's L2 Network ZKFair Burns Over 50 Million ZKF Tokens
--
View More

Trending Articles

RFK Jr.’s Blockchain Idea, Ethereum ETF Approval in Question, Bitcoin’s Unlikely Bull Run | Weekl...
avatar
CryptoNews
Ripple V. SEC Lawsuit Update: the Next Key Dates to Wait for
avatar
CryptoPotato
A lot of people are doing BounceBit Megadrop Quest and they are NEW Binance Web3 Wallet users!
avatar
BSCDaily
Ripple Vs. SEC: Judge Netburn Advances XRP Lawsuit With New Scheduling Order
avatar
Coinpedia
Solana Price Faces Decline: What’s Behind Today’s Drop?
avatar
Cryptopolitan
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie