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#bnb Here's one: Why did BNB go to the Binance party? Because it was a "burning" good time! (Get it? Binance Burns BNB tokens periodically, hence the pun!) $BNB
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$BTC Here are some fun facts about Bitcoin: - *The Mysterious Creator*: Bitcoin was created by an anonymous person or group known as Satoshi Nakamoto, who disappeared in 2010, leaving behind a fortune in Bitcoins valued at billions of dollars today. - *Pizza Purchase*: The first recorded Bitcoin transaction was for two Papa John's pizzas bought by Laszlo Hanyecz for 10,000 BTC in 2010. Today, that amount would be worth tens of millions of dollars, and May 22nd is celebrated as "Bitcoin Pizza Day". - *Limited Supply*: There are only 21 million Bitcoins that can be mined, making it a deflationary asset. Around 80% of the total Bitcoin has already been mined, and the remaining will be mined until 2140. - *Energy Consumption*: Bitcoin mining consumes a significant amount of energy, comparable to the total energy consumption of some small countries like Australia or the Netherlands. - *Lost Bitcoins*: An estimated 3-4 million Bitcoins are considered "lost" due to forgotten passwords, lost private keys, or hardware failures. James Howells, a man from Wales, threw away a hard drive containing 7,500 Bitcoins, now worth millions of dollars. - *Bitcoin ATMs*: There are Bitcoin ATMs worldwide, including 15 in Africa, allowing users to buy Bitcoin with cash or credit cards. - *Space Adventure*: Genesis Mining, a cloud mining company, sent a wallet containing Bitcoin to the moon (or at least 20kms into the sky) in 2016 as a promotional stunt. $BTC
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#SpotVSFuturesStrategy Both spot and futures trading have their own advantages and disadvantages. *Which is better?* It depends on your: 1. *Risk tolerance*: If you're conservative, spot trading might be a better fit. If you're comfortable with higher risk, futures trading could be more suitable. 2. *Trading goals*: If you're looking for long-term investments, spot trading might be better. For short-term gains, futures trading could be more effective. 3. *Market knowledge*: Futures trading requires a deeper understanding of market dynamics and technical analysis. $1000PEPE
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#OneBigBeautifulBill The "One Big Beautiful Bill" (OBBBA) is a legislative package passed by the US Congress, officially titled the “One Big Beautiful Bill Act”. It's a significant development in US crypto regulation, aiming to clarify tax obligations and reporting for cryptocurrency transactions. *Key Provisions:* - *Deferred Income Recognition*: Income from mining and staking is deferred until assets are sold. - *De Minimis Rule*: A $600 threshold for small transactions, potentially exempting them from taxation. - *Wash Sale Rules*: Now applicable to crypto, impacting short-term traders. - *Mark-to-Market Accounting*: Required for actively traded digital assets. *Impact on Crypto:* - *Increased Adoption*: Potential to boost crypto adoption as a store of value, especially with rising inflation. - *Memecoin Surge*: Increased attention to digital assets may lead to a surge in speculative assets like memecoins. - *Regulatory Clarity*: Provides clearer guidelines for tax purposes, but some gaps remain, such as undefined "digital assets" and no stablecoin exemptions.
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#BTCWhaleMovement On July 4, 2025, a long-dormant whale wallet transferred 80,000 BTC, valued at approximately $8.6 billion, across four separate transactions of 10,000 BTC each. The whale, believed to be an early miner, had held the coins for over 14 years. The transfer sparked concerns about potential selling pressure, but analysts suggest that the whale might be forming a treasury rather than preparing for a sell-off, given that the coins were transferred between private wallets rather than to exchanges *Key Details of the Transaction:* - *Amount:* 80,000 BTC, worth approximately $8.6 billion - *Source:* Wallet inactive since 2011, composed of original mining rewards. *Market Reaction: - Bitcoin's price dropped to around $107,000 after the transfer, but has since recovered to $108,196, still down 1% over the past 24 hours - Futures traders remain bullish, with a positive funding rate of 0.006% - Analysts expect potential price growth, with $110,000 as a key target.
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Bitcoin Taxation Debate: Bill Miller IV Questions Government's Role
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Bitcoin Whale Increases Short Position to $80.11 Million
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