π¨ *MicroStrategy's Latest Bitcoin Update!* π¨
MicroStrategy has acquired 5,262 BTC for ~$561M at an average price of ~$106,662 per Bitcoin.
As of 12/22/2024, MicroStrategy holds 444,262 BTC acquired for ~$27.7B at an average price of ~$62,257 per Bitcoin. π
$MSTR continues to lead the way in Bitcoin adoption! π
MicroStrategy has acquired 5,262 BTC for ~$561M at an average price of ~$106,662 per Bitcoin.
As of 12/22/2024, MicroStrategy holds 444,262 BTC acquired for ~$27.7B at an average price of ~$62,257 per Bitcoin. π
$MSTR continues to lead the way in Bitcoin adoption! π
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$BBONK is experiencing significant growth on DEXTools. The conditions are favorable for a strong upward movement, and new investors are likely to join soon.
Steps to Buy $BBONKπ on π Binance Web3 Walletππ₯
1. Log in to π Binance Web3 Wallet, fund it with BNB (BEP20) or ETH (ERC20), and copy the contract address:
2. Paste the address in "Search Token," and swap BNB/ETH for $BBONK, and confirm the transaction.
3. Add $BBONK to your wallet and enjoy the ride! π
Steps to Buy $BBONKπ on π Binance Web3 Walletππ₯
1. Log in to π Binance Web3 Wallet, fund it with BNB (BEP20) or ETH (ERC20), and copy the contract address:
0xbbBBBBe1da5EAB142B32f8887EE8d3872D847c20.2. Paste the address in "Search Token," and swap BNB/ETH for $BBONK, and confirm the transaction.
3. Add $BBONK to your wallet and enjoy the ride! π
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EGLD has bounced back from the support area as anticipated. If you have opened long positions, consider raising your stop loss to just below the support area and holding your position. We may see a movement toward the resistance area in the coming days. You can also consider adding more to your position if the price drops back to the support area.
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π¨ *Bitcoin Key Support Alert* π¨
The crucial support zone for #Bitcoin ($BTC) now lies between $97,041 and $93,806. If this critical demand area fails to hold, a sharp drop to $70,085 could be on the cards, as minimal support exists below. Stay vigilant! π
The crucial support zone for #Bitcoin ($BTC) now lies between $97,041 and $93,806. If this critical demand area fails to hold, a sharp drop to $70,085 could be on the cards, as minimal support exists below. Stay vigilant! π
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Educational Post
What is Transactions Per Second (TPS)?
In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
The approximate average TPS of the Bitcoin blockchain is about 5 β though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.
This challenge isnβt purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.
Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isnβt really anything more than an inefficient database.
Itβs important to note that if a blockchain has high TPS, it isnβt necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, itβs almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment, Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
What is Transactions Per Second (TPS)?
In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
The approximate average TPS of the Bitcoin blockchain is about 5 β though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.
This challenge isnβt purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.
Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isnβt really anything more than an inefficient database.
Itβs important to note that if a blockchain has high TPS, it isnβt necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, itβs almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment, Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
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π¨ DEXE Hits a New High of $15.847 Today! All Targets Achievedπ¨
π₯ That's a massive 74% profit on the spot pair π₯
Our TA team consistently delivers the best setups, backed by strong fundamentals and news pipelines. Donβt miss out on these opportunitiesβpin our channel and stay updated with real-time signals.
π Share this with friends and family, and let's keep the money printer running together! πΈ
π₯ That's a massive 74% profit on the spot pair π₯
Our TA team consistently delivers the best setups, backed by strong fundamentals and news pipelines. Donβt miss out on these opportunitiesβpin our channel and stay updated with real-time signals.
π Share this with friends and family, and let's keep the money printer running together! πΈ
π₯5β€2π₯°2π2π1β€βπ₯1π―1
WOO bounced from the support area and the long position is now in more than 13% profit from our entry. You can increase your stop loss near to breakeven point and hold the position. If price able to break the resistance area then we see a good upward rally.
Resistance Area: $0.233-$0.24
Resistance Area: $0.233-$0.24
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Solana's Liquidity Surge
Since September 2023, Solana has enjoyed consistent net capital inflows, with minimal outflows disrupting the trend.
This steady stream of liquidity fueled growth, pushing daily inflows to an impressive $776Mβpowering SOLβs price appreciation! π
Since September 2023, Solana has enjoyed consistent net capital inflows, with minimal outflows disrupting the trend.
This steady stream of liquidity fueled growth, pushing daily inflows to an impressive $776Mβpowering SOLβs price appreciation! π
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ACT analysis:
The price is currently trading within a falling wedge pattern and is now establishing a support zone. You might consider adding some ACT here, as there is potential for a move towards the resistance area. A breakout from the falling wedge could lead to a significant rally.
Resistance Area: $0.415-$0.456
The price is currently trading within a falling wedge pattern and is now establishing a support zone. You might consider adding some ACT here, as there is potential for a move towards the resistance area. A breakout from the falling wedge could lead to a significant rally.
Resistance Area: $0.415-$0.456
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#BTC/USDT ANALYSIS
Bitcoin is trading within an ascending channel, rebounding strongly from the horizontal demand zone. Both the 21MA and 50MA are providing solid support, indicating sustained positive momentum. A decisive breakout above or breakdown below the channel is needed to confirm the next directional move.
Bitcoin is trading within an ascending channel, rebounding strongly from the horizontal demand zone. Both the 21MA and 50MA are providing solid support, indicating sustained positive momentum. A decisive breakout above or breakdown below the channel is needed to confirm the next directional move.
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