$BCH Today Soars with Three Fires
First Fire: Australian Government's Divine Assistance
A sudden news update in the early morning — the Australian Parliament has officially passed the "Retail Crypto Tax Exemption Bill," allowing a 5% tax deduction when using compliant coins like BCH for purchases starting July 1. Walmart's Australian branch upgraded its system overnight to support BCH payments, and local retail investors are frantically buying up coins!
Second Fire: Ancient Whale Awakens
A whale address that had been dormant for 5 years (starting with 1FzW...) suddenly woke up at 10 AM this morning, consuming a whopping 180,000 BCH (approximately $240 million)! On-chain detectives tracked the address and found it linked to American payment giant BitPay — signaling a move to open enterprise-level payment channels!
Third Fire: Miners Betray and Support
The Bitcoin mining pool F2Pool suddenly shifted its stance, directing 30% of its hash power towards the BCH network! Founder Wang Chun admitted: "After expanding to 32MB, transaction fees become ten times cheaper, and miners are surrendering to switch!" The surge in hash power ignited community enthusiasm: "Satoshi Nakamoto's white paper spirit successfully revived!"
Risks Looming Above: The 180,000 BCH purchased by the whale are all stored in Coinbase's cold wallet, posing an imminent sell-off risk; before the Australian policy takes effect in July, there may still be lobbying groups pushing back.
Can the $420 celebration last until the weekend? Let's see if there are long lines at Walmart's checkout!
Better to enjoy together than alone; if you reach out, I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
