#bitcoin $BTC is already at 44K. Now do you want to go to 60K according to tweet #elonMusk in 2022. Will it drop back down at 48K? but the approval signal at #ETFBitcoin is increasingly visible.
And there hasn't been any bad news about Bitcoin this past week.
#Bitcoin hashrate just hit a new record high (ATH). The cost of mining bitcoin has increased. With the Halving coming in 5 months, meaning the supply rate will further reduce by 50%. Ie, cost of producing bitcoin will further increase. While the cost of producing something should not dictate its price, but most miners will not want to sell their newly mined bitcoins below cost. What do you think will happen?
The 25th Quarterly BNB Burn Completed via BNB Auto-Burn
Fellow Binancians, As per the BNB Auto-Burn procedure, the 25th quarterly BNB token burn of 2,139,182.98 BNB has been completed. The latest quarterly burn includes 314.69 BNB that was effectively burned via the Pioneer Burn Program. 25th Quarterly BNB Burn Txid: https://explorer.bnbchain.org/tx/F756A40911AC12732A8B2463F57FDC0E49B689D76BF7C53BA8B7A5CC8E5307F4 For more information on the BNB burn, please refer to the following: 25th BNB BurnIntroducing BNB Auto-Burn: A New Protocol for Quarterly BNB BurnsWhat Is BNB Auto-Burn Note: Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Thanks for your support! Binance Team 2023-10-16