DRiP x Jupiter collaborative competition of token-themed artworks made by artists - or by anyone - is ending within an hour. Artworks are meant to be used by tokens, into which they are entered. For an example, a creator at d.rip/Chibidi entered the competition by two cat-themed artworks, one for $Mew and the other for $Grrr Good luck!
1 sats = 1 BTC? Highlighting an important topic to understand Web3-crypto
#Bitcoiners debate a major branding shift, potentially the most crucial of all. ๐ Renewed momentum is behind a years-old idea: rebranding satoshis (sats) as bitcoins and calling todayโs BTC what it technically is 100 million sats, or a โmegabitcoin.โ Inspired by BIP177, this movement argues that making 1 satoshi = 1 bitcoin could improve Bitcoinโs user experience and perception, especially for newcomers. Under this proposal: - 1 BTC would be renamed 1 megabitcoin. - 1 sat would simply be 1 bitcoin. - Prices would shift accordingly (e.g., coffee = 5,000 bitcoins, not 5,000 sats).
Advocates argue the change would: - Fix unit bias (โI canโt afford a whole BTC!โ). - Make microtransactions feel more natural (โSend 250 bitcoinsโ is easier than โSend 250 satsโ). - Reframe Bitcoin as more accessible to the masses. They also discuss its importance in making Bitcoin more usable as a currency vs just a store of value. Using Bitcoin as a currency signals real demand and creates a network effect, strengthening the Bitcoin network and giving miners more incentives. Jack Dorsey, co-founder of Twitter and CEO of Block Inc., recently supported Bitcoin Improvement Proposal 177 (BIP177): โBitcoin Improvement Proposal 177 (BIP177) simplifies the confusing concept of sats for new Bitcoin users. Bits of Bitcoin are better, and Bitcoin itself is the best.โ โ ๏ธ Why It Matters: The proposal aims to simplify Bitcoin transactions and make them more intuitive: - Reduces cognitive load by displaying amounts without decimals (e.g., โฟ1230 instead of 0.00001230 BTC) - Addresses unit bias, making Bitcoin more accessible to newcomers - Enhances usability across platforms and applications The impact is significant: - The bull case is tied to the unit bias, making Bitcoin more investable at lower numbers. - Owning 10,000 of something is more enjoyable than 0.1, and as Bitcoinโs value increases, a $5,000 investment will yield a smaller fraction of a Bitcoin. - If Bitcoin is $500k, paying $5,000 for 0.01 Bitcoin is less appealing than having 1M sats. However, the store of value narrative is impacted. Bitcoin feels stronger as its value increases, and this narrative is affected by the unit bias change. The bear case is that the unit bias switch harms the store of value narrative. While the proposal may not be implemented soon due to its monumental nature, itโs a necessary discussion. I believe a unit bias change will occur in the next 5-10 years. Time will tellโฆ
Fam, Arc #73 is out as an auction for ~day! Fresh drops are weighted for the top donors of all-time, +some to latest +1k (droplets) donors. Get yours by thanking at d.rip/chibidi 1 droplet = ~$0.01 $SOL #NFT #collection
$ZBT is showing strong recovery after holding near $0.30 and now trading around $0.41..... Bulls are gaining control, and a breakout looks near a good opportunity to buy the dip before the next big move. ๐
$COAI this coin control by whale guys !!! This is SCAM COIN READ THE NEWS!!! One single whale sell we die Itโs all controlled by the big whale , market manipulation!! Out from your position now!!
๐จ BREAKING: Bitcoin exchange balance has dropped to a 7-year low.
Coins are leaving exchanges fast and thatโs not noise, itโs a signal. When supply tightens and demand builds, prices donโt just moveโฆ they explode.
Smart money is accumulating. Retail hasnโt even noticed yet. The next phase isnโt hype itโs a full-blown supply shock in motion.
Stay early. Stay focused. The market always rewards conviction.
$HOLO has a cavalcade of so-called partners such as Pudgy Penguin. Howโs your view about the newly listed #holoworldai ? Shall we get the updates as promised @HoloworldAI - a creatorโs way to incumbate?
$HOLO price trajectory hinges on balancing platform adoption against token supply inflation. While oversold technicals and altcoin rotation could fuel a relief rally, the 2026 unlock cliff looms large. Can #HoloworldAI onboard enough creators to offset future sell pressure from unlocks? @HoloworldAI
Upload Time Calculation: The time required to upload 1 TB at a speed of 253 Mb/s can be calculated as follows:
1. The total data size in bits is determined by converting 1 TB to terabits, then to megabits, and finally to bits. Since 1 TB = 8 Tb and 1 Tb = 1000 Gb, and 1 Gb = 1000 Mb, and 1 Mb = 1000 Kb, and 1 Kb = 1000 b, the total data size is calculated as 1. ๏ปฟ๏ปฟTB x 8 bits/byte x 1000 GB/TB x 1000 MB/GB x 1000 KB/MB ร 1000 B/KB = 8 x 1012 bits.
2. ๏ปฟ๏ปฟ๏ปฟThe upload speed is given as 253 Mb/s. This is equivalent to 253 ร 10ยฐ bits/s.
3. ๏ปฟ๏ปฟ๏ปฟThe total time in seconds is calculated by dividing the total data size by the upload 8 x 1012 bits speed: ~ 31620.55 seconds. 253 ร 106 bits/s
4. The time in hours is found by dividing the seconds by 3600 (seconds per hour): 31620.55 s ~ 8.78 hours. 3600 s/hr
Internet Speed Assessment An upload speed of 253 Mb/s is considered very fast for typical internet usage. This speed allows for rapid uploading of large files, smooth video conferencing, and efficient cloud backups.
Final Answer It would take approximately 8.78 hours to upload 1 TB at a speed of 253 Mb/s. This upload speed is considered very fast. If the speed was in MB/s, itโd take only about an hour to upload 1 TB.
And I guess that their MMs attempts to liquidate longs failed
U.today
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Binance Lost 10% of Ethereum (ETH) Supply: Massive Bullish Signal
According to Binance's most recent proof of reserves report released on Aug. 1, user holdings across key assets have changed dramatically. The most notable was the sharp decline in reserves of Ethereum, which fell by almost 10%. The exchange currently has about 4.55 million ETH, which is 496,984 ETH less than it had a month ago.
Ethereum supply thin
This withdrawal contrasts significantly with other assets with comparatively small reserve changes. In addition to USDT holdings increasing by over 258 million (+0.87%), Bitcoin reserves increased by 17,167 BTC (+2.99%). Even Binance's native token, BNB, saw a negligible 0.38% increase.
Ethereum's decline is certainly unusual. When considering supply and demand, it is not wise to overlook such a large ETH outflow. Assuming that demand stays the same or rises, a declining supply of a valuable asset usually results in higher prices. This fundamental law of economics is being demonstrated in real time by Ethereum. The ETH/USD chart lends credence to this idea.
Ethereum's market strengh
Following a brief decline toward the $3,500-$3,600 range, Ethereum is currently showing indications of growing strength. A descending trendline has been breached by the price, indicating a bullish breakout. The 26 EMA's support held firm and the RSI is still in a healthy range (currently around 66), allowing for potential upside without running the immediate risk of overbought conditions.
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Since almost half a million ETH have been taken out of circulation on one of the biggest cryptocurrency exchanges, it is highly likely that these coins were either transferred to cold wallets or utilized in DeFi applications, and both are great from a price perspective for Ethereum. Price pressure may increase if even a small portion of this exodus indicates long-term holding or staking behavior.
Ethereum has surpassed resistance and is currently trading above $3,700, so the market may benefit from Binance's loss. The abrupt shortage feeds the flames for a possible rally in the future, particularly if inflows of previously uninvested capital follow.
๐ซ๐ฎIn the municipal elections of '25, I proposed the theme 'paid work trials for young people'โto tackle unemployment and reduce the employer's risk. News reports every week about unemployment. Average job search time is 70 weeks. Government actions have not increased employment confidence.
BTC all time high. $QNT has proceeded an inch forwards, well. Trump as an economist - not suprisingly - just announced the FED head should resign as they got it wrong.
โPresident Donald Trump slammed Federal Reserve Chair Jerome Powell on Sunday, saying it would "be a great thing" for the U.S. if he were to step down, adding, "heโs very bad for the country."
Trump has repeatedly threatened to fire Powell, who he appointed to the role in 2017, over the central bank not cutting interest rates according to his demands.โ
#AltCoinTrade From $QNT Quant reddit: โ QNT is the Mary sue of digital assets.
Iโm not joking. An asset like this is cartoonishly absurd and should not exist in reality. But it does.
Why?
Itโs as low risk as a treasury bonds.
Itโs got the asymmetric upside of a meme coin.
Itโs significantly more recession proof than both traditional stocks and most crypto assets due to the infrastructural B2B nature of the business and the licensing model.
It functions like Ethereum, with Bitcoin-esque scarcity, with multi-sector multipurpose use-case.
Itโs patented and future proof due to being DLT agnostic.
This asset breaks every rule of reality within the traditional investing world. If you were to tell a hedge fund manager about this asset back in 2006, theyโd laugh at you and think you were on drugs. Yet here we are.
Take this moment in. Our lives are about to become beautifully absurd statistical anomalies.โ
meanwhile they have listed plenty of #Binance backedโโ tokens, which have plummeted and lost over 80% value within a month of listing. Just look what they listed in 2024 and 2025
Nostradamus247
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because it is a scam and they are not interested in listing it, simple, it smells like sewage ๐ ๐ ๐
A rumour is saying rn โblackrock dumped 430m btc for eth but u guys keep posting about panama adoption newsโ - shall we verify this? #altcointrade #tradestory $ETH is cooking non-stop anyway
The $LAYER keeps sinking lower and lower, and no matter what we try, nothing seems to help. It's like watching everything spiral into chaos โ slow, inevitable, and brutal. The structure is crumbling, and hope is fading fast. Weโre witnessing a breakdown, a descent straight into hell. Panic whispers in every corner, yet action feels pointless. People pretend itโs fine, but deep down, everyone knows whatโs coming. This isnโt just a dip โ itโs a collapse. Brace yourself and donโt rely on anyone blindly. Do your own research (DYOR), because the only person who can save you now is yourself.
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