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#2025withBinance Start your crypto story with the @Binance Year in Review and share your highlights! #2025withBinance.
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#BTC
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@OpenLedger This is a powerful general-purpose model
OpenLedger Airdrop – the one-line takeaway
“Show up early, ship real compute, and the chain will pay your tab forever.”#OpenLedger
OpenLedger Airdrop – the one-line takeaway
“Show up early, ship real compute, and the chain will pay your tab forever.”#OpenLedger
$BTC Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
Bitcoin's (BTC) attempt at even a modest early rally during U.S. trading hours Friday was quickly snuffed out, the price dropping 4% in about the past ninety minutes alongside a major slump in equity markets.
A weak July U.S. jobs report earlier Friday sent bond yields and the dollar plunging – the sort of action that often sends risk assets like stocks and bitcoin into the green, but it's not the case today. Just ahead of the noon hour in the U.S., the Nasdaq is down 3.1% and S&P 500 2.7%, led by an 11% post-earnings decline in Amazon (AMZN) and a 5% drop in Nvidia (NVDA). The Volatility Index (VIX) is up a whopping 54% today.
Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
Bitcoin's (BTC) attempt at even a modest early rally during U.S. trading hours Friday was quickly snuffed out, the price dropping 4% in about the past ninety minutes alongside a major slump in equity markets.
A weak July U.S. jobs report earlier Friday sent bond yields and the dollar plunging – the sort of action that often sends risk assets like stocks and bitcoin into the green, but it's not the case today. Just ahead of the noon hour in the U.S., the Nasdaq is down 3.1% and S&P 500 2.7%, led by an 11% post-earnings decline in Amazon (AMZN) and a 5% drop in Nvidia (NVDA). The Volatility Index (VIX) is up a whopping 54% today.
$BTC Trump’s Bitcoin speech sparks $2.6m Polymarket dispute
Some Polymarket betters challenged the platform’s resolution of $2.6 million worth of wagers on Trump’s Bitcoin reserve pledge in Nashville.
Last weekend, former U.S. President and Republican candidate Donald Trump informed 20,000 Bitcoin BTC-3.64%Bitcoin 2024 attendees of plans to stop government selling if elected come November. The U.S. government is the largest geopolitical Bitcoin owner, with a trove of 183,000 BTC worth over $12.7 billion, per Arkham.
Polymarket judged that Trump’s remarks on retaining America’s BTC holdings would effectively create a strategic national Bitcoin stockpile.
“For the purposes of this market, this suffices as Trump announcing a strategic bitcoin reserve. Thus, this market should resolve to ‘Yes’,” according to the Polygon-based decentralized prediction platform.
Some Polymarket betters challenged the platform’s resolution of $2.6 million worth of wagers on Trump’s Bitcoin reserve pledge in Nashville.
Last weekend, former U.S. President and Republican candidate Donald Trump informed 20,000 Bitcoin BTC-3.64%Bitcoin 2024 attendees of plans to stop government selling if elected come November. The U.S. government is the largest geopolitical Bitcoin owner, with a trove of 183,000 BTC worth over $12.7 billion, per Arkham.
Polymarket judged that Trump’s remarks on retaining America’s BTC holdings would effectively create a strategic national Bitcoin stockpile.
“For the purposes of this market, this suffices as Trump announcing a strategic bitcoin reserve. Thus, this market should resolve to ‘Yes’,” according to the Polygon-based decentralized prediction platform.
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$ETH Ethereum at $3.5k, supply on exchanges reaches 34-month high
The Ethereum (ETH) supply on exchanges has reached its 34-month highs as the asset’s price surpasses the $3,500 mark.
ETH is up by 2.3% in the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a $419 billion market cap — briefly touched an intraday high of $3,517 earlier today.
The Ethereum (ETH) supply on exchanges has reached its 34-month highs as the asset’s price surpasses the $3,500 mark.
ETH is up by 2.3% in the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a $419 billion market cap — briefly touched an intraday high of $3,517 earlier today.
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