Bitcoin Tumbles Below $106K as $645M in Liquidations Rattle Crypto Markets😎😎😎
On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback.🚀🚀
Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market Overall, the mood stays gloomy, with bitcoin traders likely holding off for either a decisive trend shift or a strong bounce backed by heavy volume, as bearish forces currently have the upper hand. In the last 24 hours, bitcoin has tallied $35.53 billion in global trading volume, but even with today’s dip, BTC remains up 4.4% for the week.🚀🚀 The drop, however, has pulled the entire crypto market down by 2.47%, bringing its total value to $3.32 trillion. While BTC slipped 2.3%, ethereum ( ETH) fell 4.5%, XRP dipped 3.24%, and solana ( SOL) gave up 4.9% against the U.S. dollar. Among the top ten coins, dogecoin ( DOGE) took the hardest fall, dropping 5.9% in value on Thursday.😁😁😁 The hardest hit of the day was EOS, tumbling 15.28%, followed by AI16Z, which dropped 14.45%. KAITO slipped 12.15%, and PNUT gave up 11.22%. Over the last day, a hefty $645.67 million in long and short positions vanished fr#om the derivatives market, with $297.42 million tied to bitcoin longs alone.😎😎
Bitcoin Tumbles Below $106K as $645M in Liquidations Rattle Crypto Markets Coinglass liquidation stats show a massive $201 million
The Market’s Eyeing These 3 Tokens: Are They the Best Cryptos to Buy Now Before Q3?😎😎😎😎
Is it better to act early on utility-driven tokens—or wait for the market to catch up? As Q3 approaches, crypto buyers are increasingly drawn to tokens offering more than speculation. Projects that solve real problems, offer consistent engagement, and unlock broader access are quietly gaining momentum. This shift in focus has placed three names at the center of market attention: Qubetics, Cosmos, and Solana. Each offers something distinct—but only one may hold the strongest case for being the best crypto to buy now. 👌👌👌
Solana continues to thrive on its technical performance, Cosmos is building bridges between networks, and Qubetics is bringing development access to a broader public through powerful no-code tools. The question now isn’t just which coin will go up next—but which one is building something durable. This article examines how each of these three tokens aligns with future demand and explores why Qubetics’ feature set and final-stage crypto presale are drawing particular attention before Q3.😎😎😎
1. Qubetics ($TICS): Empowering Blockchain Creation Without Code🚀
2. Solana (SOL): High-Speed Capability for Expanding Ecosystem🚀
3. Cosmos (ATOM): Building Bridges Between Diverse Chains🚀 $ATOM
The second-largest cryptocurrency by market capitalization after Bitcoin:🤩🤩🤩🤩💸💸💸💸 ---
🧠 What is Ethereum?🤔🤔🤔
Ethereum is a blockchain platform that supports smart contracts—self-executing contracts with coded terms. It was proposed to expand the use of blockchain beyond simple transactions, enabling decentralized applications (dApps).
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📅 Ethereum Timeline (Key Milestones)👌👌👌
2013 – Conceptualization
Founder: Vitalik Buterin, a programmer and Bitcoin Magazine co-founder.
Idea Published: Ethereum white paper released in late 2013, proposing a platform with a built-in Turing-complete scripting language.
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2014 – Development and Crowdsale👌👌👌
Ethereum Foundation was established in Switzerland.
Crowdsale (ICO): July–August 2014, raised over $18 million USD—one of the biggest at that time.
Price during ICO: ~0.30 USD per ETH.
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2015 – Launch of Ethereum😊😊😊😊
Ethereum Mainnet (Frontier): Launched on July 30, 2015.
Initial ETH Supply: 72 million ETH distributed.
Gas Fees Introduced: ETH used to power smart contract executions.
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2016 – The DAO and Ethereum Split😎😎😎
The DAO (Decentralized Autonomous Organization): Raised $150M in ETH.
June 2016 Hack: $60M worth of ETH stolen due to a vulnerability.
Ethereum Hard Fork (July 2016):
Ethereum (ETH): Returned stolen funds.
Ethereum Classic (ETC): Continued on the original chain.
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2017 – Rise of ICOs🤩🤩🤩🤩
Ethereum Became the Platform for ICOs: Dozens of startups launched tokens using Ethereum's ERC-20 standard.
ETH Price Boom: Rose from $8 (Jan) to $800 (Dec).
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2018 – Scaling and Congestion Issues🫠🫠🫠
Network congestion during crypto booms.
CryptoKitties dApp slowed down Ethereum, highlighting scalability limits.
Focus shifted to Ethereum 2.0 research and Layer 2 solutions.
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2020 – DeFi Explosion🤑🤑🤑
Decentralized Finance (DeFi): Applications like Uniswap, Compound, and Aave surged on Ethereum.
ETH Price Recovery: $130 (Jan) → ~$700 (Dec).
Ethereum 2.0 (Phase 0): Beacon Chain launched on Dec 1, 2020, introducing Proof of Stake (PoS).
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2021 – NFTs and London Hard Fork😁😁😁😁
NFT Boom: Platforms like OpenSea, Rarible use Ethereum for NFT transactions.
London Hard Fork (August 2021):
Introduced EIP-1559, which burns a portion of gas fees—reducing ETH inflation.
ETH ATH (All-Time High): ~$4,878 in November 2021.
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2022 – Market Downturn & Merge Prep🚀🚀🚀🚀
ETH price declined due to global crypto bear market.
Ethereum focused on testing and preparing for the Merge (PoW → PoS).
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2023 – The Merge🚀🚀🚀🚀
Ethereum Merge Completed: On September 15, 2022 (though often cited in 2023 narratives).
Transitioned Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS).
Energy usage dropped by ~99.95%.
Set the stage for future scalability upgrades like sharding.
Binance is one of the world’s largest cryptocurrency exchanges. Here’s a brief history of its journey:🚀🚀🚀🚀
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🟡 1. Founding and Launch (2017)🫠🫠
Founder: Changpeng Zhao (known as "CZ")
Country of Origin: Initially founded in China
Launch Date: July 2017
Funding: Raised $15 million via an Initial Coin Offering (ICO) of its native token, BNB (Binance Coin).
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🟠 2. Early Growth and Expansion (2017–2018)👌👌👌
Binance grew extremely fast, becoming the largest exchange by trading volume within 6 months.
Due to China's crypto ban, Binance moved its servers and headquarters out of China. It operated across multiple countries, including Japan, Malta, and Singapore.
Launched Binance Smart Chain (BSC) – a fast, low-cost blockchain for DeFi and dApps
2021:
Huge growth in user base due to crypto bull run
Faced increased regulatory scrutiny in multiple countries (UK, Japan, Germany, etc.)
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🔴 4. Regulatory Challenges (2021–2023)🙏🙏🙏
Several countries imposed restrictions or investigations due to Binance’s lack of a physical HQ.
Binance started to comply with local regulations and launched Binance.US to serve American users under stricter compliance.
Shifted to a more regulated structure in Europe and the Middle East.
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🔵 5. CZ Resigns & New Leadership (2023–2024)😎😎😎
Nov 2023:
CZ stepped down as CEO after reaching a $4.3 billion settlement with the U.S. government over AML (Anti-Money Laundering) issues.
Richard Teng, former Global Head of Regional Markets at Binance, became the new CEO.
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🟢 6. Present and Future (2024–2025)💸💸💸
Binance remains a top crypto exchange, focusing on:
Regulatory compliance
Expansion in compliant jurisdictions
Growth in DeFi, NFTs, and blockchain innovation
BNB Chain continues to compete with Ethereum and Solana.
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🪙 Binance Key Offerings:🤩🤩🤩🤩
Spot, Margin, and Futures trading
P2P exchange
Binance Launchpad (token launches)
Binance Earn (staking and saving) NFT Marketplace Web3 wallet & ecosystem (Binance App) Let me know if you want a visual timeline or more about BNB, Binance Smart Chain, or CZ himself!🚀🚀🚀🚀🚀 $BNB $BUSD
🤑🤑🤑Our favorite coin Bitcoin history and journey ⏬️⏬️🤩🤩
Here is a brief history of Bitcoin (BTC): --- 🪙 Bitcoin (BTC) History Timeline 2008: The Beginning✅️✅️ October 31, 2008 – A person or group under the pseudonym Satoshi Nakamoto released the Bitcoin whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System". It proposed a decentralized digital currency without a central authority. 2009: Launch of Bitcoin🙏🙏 January 3, 2009 – Bitcoin network went live with the mining of the Genesis Block (Block 0). Reward: 50 BTC. The first Bitcoin version was released on January 9, 2009. 2010: First Real-World Use👋👋👋 May 22, 2010 – First real-world transaction: 10,000 BTC was used to buy 2 pizzas in Florida. This day is now celebrated as Bitcoin Pizza Day. Bitcoin gained a market price – about $0.01 per BTC. 2011–2013: Early Growth & Recognition👌👌 2011 – Bitcoin reached parity with the US dollar (1 BTC = $1). New cryptocurrencies started emerging. 2013 – BTC price crossed $1,000 for the first time.💰💰 2014–2016: Challenges & Development🤥🤥 2014 – Major exchange Mt. Gox collapsed after being hacked (loss of 850,000 BTC).😪😪 Bitcoin faced criticism and regulation concerns. Bitcoin infrastructure kept growing steadily. 2017: Major Bull Run😁😁😁 December 2017 – BTC hit an all-time high of around $19,800. Bitcoin futures began trading on CME & CBOE. 2018–2019: Bear Market😪😪😪 Bitcoin crashed to around $3,000 by the end of 2018. Industry shifted focus to technology, adoption, and regulations. 2020–2021: Mainstream Adoption & ATH🤑🤑 2020 – Institutional interest rose (MicroStrategy, Tesla, etc.). 2021 – BTC hit new ATHs:🤩🤩🤩 April 2021 – ~$64,000 November 2021 – BTC hit ATH of ~$69,000 2022: Crypto Winter🚀🚀🚀 Bitcoin dropped significantly due to market crashes, inflation fears, and collapses like Terra Luna and FTX. BTC reached lows near $15,000–$16,000. 2023–2024: Recovery & ETF Approval BTC began recovery, slowly climbing back to $30K+. Early 2024 – Spot Bitcoin ETFs approved in the U.S., bringing more institutional adoption. April 2024 – Bitcoin halving event reduced mining reward from 6.25 BTC to 3.125 BTC. 2025: Present Status Bitcoin continues to dominate the crypto market. Often referred to as "digital gold".🚀🚀🚀🚀 --- Would you like a graph of BTC price over time, key events, or a simplified image-based timeline? $BTC $BCH