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EMINENCE_23
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🔥It’s time for #BinanceTurns8 Episode 3
@HaMy🔸 and I are back with
🎤 @CRYPTO MECHANIC
🎤 @Cas Abbé
📅July 17 | 🕒 15:00 UTC
Got a memory or question to share? Drop it below 👇
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Bitcoin Basics: Why It Matters What is Bitcoin? Bitcoin, created in 2009, is the first decentralized digital currency. It runs on blockchain, a public ledger that makes transactions secure, transparent, and resistant to control by banks or governments. Why Do People Invest? Bitcoin’s scarcity (only 21 million will ever exist) makes it similar to “digital gold.” Many invest for potential long-term returns, while others value the freedom of owning money that can’t be easily censored or inflated. Why is Bitcoin Volatile? The market is still young, so news, regulations, or sentiment can cause sharp price swings. While this volatility brings risks, it also creates opportunities — which is why many focus on long-term growth instead of daily moves. How to Get Started Safely You don’t need to buy a whole coin — start with a fraction. Always choose a trusted exchange like Binance, which offers security and liquidity. Protect your account with tools like two-factor authentication and stay mindful of best practices in crypto security. Closing Thought Bitcoin is both an investment and a new way to think about money. Begin small, stay informed, and approach it as a journey into the future of finance. #BitcoinBasics $BTC
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🩸 Over $420 million was liquidated in the crypto market in just 20 minutes following the announcement of producer inflation far above forecasts. During that time, the crypto market lost $133.8 billion, with Bitcoin dropping below $118,000 and Ethereum falling under $4,550.
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🚨 After the U.S. Consumer Price Index (CPI) data released the day before yesterday, the Producer Price Index (PPI) figures have just come in — and they are higher than expected: 🔸 PPI (MoM): 0.9% (estimate 0.2%, previous 0%). 🔸 PPI (YoY): 3.3% (estimate 2.5%, previous 2.4%). 🔸 Core PPI (MoM): 0.9% (estimate 0.2%, previous 0%). 🔸 Core PPI (YoY): 3.7% (estimate 2.9%, previous 2.6%).
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Bitlayer is building the first BitVM-powered Bitcoin rollup to bring real-time, low-cost, and secure DeFi to Bitcoin while keeping Bitcoin’s core security. Their BitVM Bridge and rollup design aim to unlock BTC-native DeFi, lending, and trading all with Bitcoin as the settlement layer. I’m excited to see how BTR will power governance and ecosystem incentives as Bitlayer grows. Following @BitlayerLabs creating original, high-quality content to support a stronger Bitcoin DeFi stack. #Bitlayer
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Good night everyone. The market is quite affordable. We're hoping for a hike over the weekend. $BTC $ETH $BNB
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