🗣️ "We no longer need banks anymore." – Jack Dorsey on Bitcoin
🔹 Jack Dorsey is the co-founder of Twitter (currently X) and the owner of Block, a company specializing in digital payments. He is known for his strong support of Bitcoin and his vision that the digital currency is capable of building a fairer alternative financial system.
Asset Management Company (BlackRock) Acquires 662,000 Bitcoins and Becomes the Second Largest Holder of the Cryptocurrency.
BlackRock, the largest asset manager in the world, now holds over 662,500 Bitcoins through the iShares Bitcoin Trust (IBIT), which equals 3% of the total global Bitcoin supply, with a market value exceeding $72.4 billion as of June 10, 2025.
With this figure, IBIT surpasses most centralized exchanges, making BlackRock the second largest Bitcoin holder after Satoshi Nakamoto.
BlackRock relies on Bitcoin as a strategic asset in long-term portfolios, as a hedge against inflation, and as a rare type of asset in a financially and geopolitically turbulent world. #BTC #Binance
🚨 Urgent :- Hacking of the Iranian Nobitex Cryptocurrency Platform The Nobitex platform has suffered a cyber attack that resulted in the theft of 48 million dollars worth of USDT, which was transferred via the Tron network.
⚠️ The attack is considered one of the largest breaches targeting a local exchange in the Middle East this year, revealing the fragility of security in some decentralized infrastructures, especially when using networks like Tron that have low fees and high transfer speeds, making it harder to trace funds.
📌 Important Comment: Although breaches are not new in the crypto world, they serve as a stark reminder of the importance of storing digital assets in cold wallets and not fully relying on centralized trading platforms, especially in environments that are not subject to strict regulation.
Jamie Dimon, the CEO of JPMorgan, the largest bank in America, announced that customers will be able to buy Bitcoin through the platform, but the bank will not store it for them. #BTC #bitcoin
The Texas House of Representatives officially approved the Strategic Bitcoin Reserve Act and Bitcoin reaches a new high of $109,000 What will happen when Apple and Microsoft start adding Bitcoin to their balances soon? #BTC #Binance
🪙 Bitcoin is gradually strengthening its position against gold
💰 Over the past twelve years, the value of an ounce of gold has decreased against Bitcoin. In 2011, it was worth 732 Bitcoin, and now it is worth only 0.02 Bitcoin.
🔼 If Bitcoin's current growth rate continues, in ten years, one ounce of gold will be worth only 0.00000315 Bitcoin.
🟡 Bitcoin is increasing in strength against gold every year, by 37 times.
🤔 This trend may lead to a re-evaluation of traditional investment strategies based on gold as a safe haven. With the rapid growth of cryptocurrencies, gold as a physical asset may lose its appeal for long-term investors. #Business
A type of currency that uses digital files as money, these files are created using cryptography.
Digital currencies adopt a decentralized control system, meaning that they are not subject to any party 1️⃣- Ease of use Buying and selling digital currencies is very easy and does not require you to go to a financial institution and sign papers, all you have to do is open an account in an electronic wallet and then start trading 2️⃣- Your currencies are yours alone Cryptocurrencies provide you with a high level of independence, when you put your money in the bank, at any moment you can enter your bank account and find that your money has been frozen due to political circumstances, or the bank has been hacked or the bank has gone bankrupt. As for digital currencies, they are yours as long as you keep the Private Key
3️⃣- Protecting your money from inflation
When you use digital currencies, you are not only protecting your money from inflation, but you are also investing it.
4️⃣- Transactions are very fast The traditional money transfer process requires between 4 to 5 business days.
Transactions in digital currencies are done quickly, it takes less than 4 seconds to a maximum of 10 minutes to complete the transaction.
10 years ago, people were buying one Bitcoin with ease, after 10 years, anyone with 0.001 Bitcoin is a professional investor, after 10 years from now until 0.001 It will become harder to get..
Why Do Cryptocurrency Prices Fluctuate? Understanding Digital Asset Volatility Cryptocurrencies like Bitcoin, Ethereum, and many other alternatives are known for their notable price volatility. But what exactly drives these volatility? Here's a comprehensive look at the different factors that influence cryptocurrency prices. 1. Market movement and liquidity:
Bitcoin: The digital currency that changed the concept of money! 🚀💰**
In a world that is rapidly moving towards digitization, **Bitcoin** stands out as one of the most important financial innovations of the 21st century. But what exactly is Bitcoin?
🔹 **What is Bitcoin?** Bitcoin is the world's first decentralized digital currency, launched in 2009 by an anonymous person or group under the name "Satoshi Nakamoto". It relies on **Blockchain** technology, which is a secure and transparent digital ledger for recording transactions.
🔹 **Why is Bitcoin important?**
1. **Decentralization**: Bitcoin is not subject to any central authority such as banks or governments.
2. **Inflation-reducing**: The number of bitcoins is limited (only 21 million), making it resistant to inflation.
3. **International transfers**: Bitcoin allows money to be sent across borders quickly and at a lower cost compared to traditional methods.
4. **Privacy**: It provides a high degree of privacy in financial transactions. **Challenges Facing Bitcoin** Despite its advantages, Bitcoin faces some challenges such as large price fluctuations, sometimes being used for illegal activities, and regulatory restrictions in some countries. **The Future of Bitcoin** As Bitcoin becomes increasingly accepted as a means of payment and investment, many expect it to become an essential part of the global financial system in the future. Will Bitcoin be the main currency of the future?