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๐Ÿ”Ž #BTC Scaling Solutions Comparison

Bitcoin's scalability limits it to 7-10 transactions per second, with higher fees during peak demand. Bitcoin Layer2 solutions aim to scale it for #DeFi without sacrificing security.
๐Ÿ” Leaders in price growth for the week #CEL #OLE #SHRAP
๐Ÿ“ˆ #SOL Solana's Daily Active Addresses Exceed 5 Million
๐Ÿ”“๐Ÿ“ Upcoming major releases next week:
#GAL 0.33% ($0.98M) - September 24
#VENOM 12.67% ($25.11M) - September 25
#YGG 3.69% ($6.57M) - September 27
#AGIX 1.62% ($5.73M) - September 28
#FET 0.14% ($5.61M) - September 28
#ENA 0.78% ($3.80M) - September 29
๐Ÿ“ˆ๐Ÿค” #BTC has outperformed almost all asset classes over the past 12 months, but the recent drop has โ€˜spookedโ€™ investors, according to a report by VanEck dated Sept. 19.

Bitcoin spot prices have risen by approximately 124% since Sept. 2023, increasing its market share among cryptocurrencies. As of Sept. 20, BTCโ€™s market cap was about $1.25 trillion, making up 56% of the total crypto marketโ€”roughly 15% more than a year ago.

VanEck expects the โ€˜long-term bull marketโ€™ for Bitcoin to continue, noting that the current adoption of Bitcoin as an investment tool is driven by different forces compared to 2023.
๐Ÿ“Š๐Ÿ—ฃ Nearly two-thirds of cryptocurrency owners worldwide (65%) buy and hold them because they believe in their long-term potential.
๐Ÿ”Ž Infrastructure & Development Tools Sector in Solana Ecosystem
๐Ÿฟ๐Ÿ‡บ๐Ÿ‡ธ Harris promises to help develop artificial intelligence and digital assets during his presidency - Bloomberg
๐Ÿฅณ๐Ÿ‘€ #ETH transaction fees on Ethereum are growing even as active accounts drop to a year low theblock.com
๐Ÿ“‰ #BTC leaves exchanges almost 100K BTC in the last 60 days
๐Ÿ” Top 15 fall from highest price (ATH) and date
๐Ÿ“ˆ๐Ÿ‘€ Events that changed #TON ecosystem forever
๐Ÿ‡ธ๐Ÿ‡ปโ˜•๏ธ #BTC El Salvador's Ministry of Foreign Affairs reports that U.S.-based Compass Coffee made a purchase of Salvadoran coffee using Bitcoin. Jorge Cruz, the Salvadoran party involved in the transaction, said he received the payment in less than 10 minutes.
๐Ÿค” #BTC C.Q.: Overall, a decline in net short positions in CME futures can be a mixed signal. On the one hand, it is good for the overall health of the Bitcoin market.

On the other hand, short positions are sometimes needed as fuel for growth, and CME traders often aggressively increase them precisely when Bitcoin is rising.
๐Ÿ’ต #USDC Treasury Circle minted 50 million USDC.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿถ #BONK #SOL Bonk Inu, memcoin on Solana, announces about plans to launch ETP in the USA.
๐Ÿ“Š #BTC #ETH #ETF Last week (from August 16 to August 20), the total net inflow of spot BTC-ETFs was $397 million. Grayscale ETF #GBTC had a net outflow of $28.89 million.

The total net outflow of spot ETH-ETFs was $26.26 million, and the Grayscale Ethereum Trust #ETHE ETF outflow was $46.38 million.
๐Ÿ”BTC.com announces about updating the brand to CloverPool.
๐Ÿ•ต๏ธโ€โ™‚๏ธ Wallet that received 150,000 #ETH ($389.7 million) at the Ethereum ICO (the value of these ETH at the ICO is ~$46.5 thousand), transferred 3,510 ETH ($9.12 million) on Kraken after inactivity for >2 years.
2024/10/01 13:45:52
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