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BREAKING:
#BITCOIN
BREAKS BELOW $110,000.
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BREAKING – Burkina Faso has earned $18 billion from Gold mines since Ibrahim Traoré became leader
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🚨BREAKING: $1.06 TRILLION ADDED TO THE US STOCK MARKET TODAY.
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You’ve seen the numbers on BNB Chain: 5T gas used and 100M gas limit. What exactly do they mean? Let’s break them down 👇 1. 5T gas used BNB Smart Chain (BSC) recently hit a record $5T gas used in a single day, equivalent to 238M native transfers. This happened because swaps drove the surge, accounting for almost 50% of activity since Oct 1st. Swaps are almost 10× more gas-intensive than simple transfers, so even if Transactions Per Second (TPS) looks “normal”, total gas used skyrockets. This is why “gas used” is a truer measure of performance and efficiency than TPS. TPS only counts the number of transactions, whether it’s a simple transfer or a complex swap. On the other hand, gas used actually captures how heavy or complex those transactions are, reflecting the actual computational work done by the network. 🔗 bscscan.com/chart/gasused 2. 100M gas limit This week, BNB Chain increased its gas limit by 33%, from 75M to approximately 100M while maintaining ~0.75s blocks to keep transactions fast. Higher gas limit allows for more computation per block, which results in higher throughput and performance headroom for DeFi and trading activities. This means that BNB Chain can handle more transactions per block without slowing down while keeping fees ultra-low, even on record-high activity days. BNB Chain currently records 6K TPS for native transfers and will continue to actively pursue even higher performance. Our mission remains clear: To scale efficiently without compromising speed or cost for the best DeFi user experience on BNB Chain.
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Shocking stat of the day: The largest gold ETF, #GLD , posted $12.5 BILLION in volume on Thursday, the 2nd-highest on record. The only other time it reached that level was in 2013. By comparison, during April’s gold rally, daily volume peaked at ~$11 billion. Thursday’s volume was also higher than most of the Magnificent 7 stocks. Demand for gold assets is incredibly strong.
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Altcoins just wicked to their lowest levels against Bitcoin since the 2021 Covid crash. Back then, it sparked a massive altseason.
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Potential Impact of U.S. Economic Strength on Future Fed Rate Cuts
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Bitcoin(BTC) Surpasses 115,000 USDT with a 1.13% Increase in 24 Hours
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