[MEXC Kickstarter] Win Free 50,000 USDT Airdrops by Voting Now!
📣[Initial Listing] MEXC Kickstarter - Vote Virtuals Protocol (VIRTUAL) to Win Free 50,000 USDT Airdrops!
⏰Voting Period: 2024-05-14 13:00 to 2024-05-15 12:50 (UTC)
👇🏻Participation Eligibility:
Hold a minimum of 1,000 MX for 30 consecutive days before 2024-05-13 16:00 (UTC).
Trade on tamilbtc.com/mexc
📣[Initial Listing] MEXC Kickstarter - Vote Virtuals Protocol (VIRTUAL) to Win Free 50,000 USDT Airdrops!
⏰Voting Period: 2024-05-14 13:00 to 2024-05-15 12:50 (UTC)
👇🏻Participation Eligibility:
Hold a minimum of 1,000 MX for 30 consecutive days before 2024-05-13 16:00 (UTC).
Trade on tamilbtc.com/mexc
Educational Post
What Are Bitcoin Runes?
Bitcoin Runes is a protocol that enables the creation of fungible tokens on the Bitcoin blockchain. Unlike BRC-20 and SRC-20 tokens that also operate on the Bitcoin blockchain, Runes are not reliant on the Ordinals protocol and are designed to be simpler and more efficient. They utilize established Bitcoin blockchain models, such as the UTXO model and the OP_RETURN opcode.
How Do Bitcoin Runes Work?
The Bitcoin Runes protocol operates through two fundamental mechanisms of the Bitcoin blockchain: Bitcoin’s UTXO (Unspent Transaction Output) transaction model and the OP_RETURN opcode.
In the UTXO transaction model, each transaction results in outputs that are treated as separate pieces of digital currency. To initiate a transaction, you use these outputs as inputs. The UTXO model allows for the tracking of every unit of cryptocurrency. In the context of Bitcoin Runes, each UTXO can hold different amounts or types of Runes, which simplifies the management of tokens.
The OP_RETURN opcode allows users to attach additional information to Bitcoin transactions. This opcode facilitates the inclusion of up to 80 bytes of extra data in an unspendable transaction. Bitcoin Runes specifically use the OP_RETURN opcode for storing the token data, such as the token’s name, ID, symbol, commands for specific actions, and other essential data. The data is stored in what is referred to as the Runestone within the OP_RETURN opcode of a Bitcoin transaction.
What Are Bitcoin Runes?
Bitcoin Runes is a protocol that enables the creation of fungible tokens on the Bitcoin blockchain. Unlike BRC-20 and SRC-20 tokens that also operate on the Bitcoin blockchain, Runes are not reliant on the Ordinals protocol and are designed to be simpler and more efficient. They utilize established Bitcoin blockchain models, such as the UTXO model and the OP_RETURN opcode.
How Do Bitcoin Runes Work?
The Bitcoin Runes protocol operates through two fundamental mechanisms of the Bitcoin blockchain: Bitcoin’s UTXO (Unspent Transaction Output) transaction model and the OP_RETURN opcode.
In the UTXO transaction model, each transaction results in outputs that are treated as separate pieces of digital currency. To initiate a transaction, you use these outputs as inputs. The UTXO model allows for the tracking of every unit of cryptocurrency. In the context of Bitcoin Runes, each UTXO can hold different amounts or types of Runes, which simplifies the management of tokens.
The OP_RETURN opcode allows users to attach additional information to Bitcoin transactions. This opcode facilitates the inclusion of up to 80 bytes of extra data in an unspendable transaction. Bitcoin Runes specifically use the OP_RETURN opcode for storing the token data, such as the token’s name, ID, symbol, commands for specific actions, and other essential data. The data is stored in what is referred to as the Runestone within the OP_RETURN opcode of a Bitcoin transaction.
🇺🇸 Spot #BitcoinETFs Another Positive inflows with $257.34M ( 16-05-024 )
🔹 Grayscale saw +$5M Inflow
🔹 Total Value Traded: $1.50 Billion ( As of 16th May )
🔹 Total Net Assets ~$54.63 Billion in 🇺🇸 Spot ETFs
🔹 BlackRock saw +$93.70 Inflow
Total inflows of +$257.34M in Spot 🇺🇸Bitcoin ETFs
1⃣ $ARKB +$62M (+937 BTC)
2⃣ $FBTC +$67.10M (+1010 BTC)
3⃣ $BTCO +$6.20M (+94 BTC)
4⃣ $IBIT +$93.70M (+1420 BTC)
5⃣ $EZBC +$3.80M (+57.42 BTC)
6⃣ $BRRR +$18.50M (+280 BTC)
7⃣ $GBTC +$4.60M (+60.51 BTC)
8⃣ $BITB +$1.40M (+21 BTC)
🔰 8 ETFs = +ve Inflow
🔰 2 ETFs = 0 Inflow/Outflow
US Bitcoin ETFs Bought 3,890 $BTC Yesterday which is Equal to Approximately 9 days supply.
🔹 Grayscale saw +$5M Inflow
🔹 Total Value Traded: $1.50 Billion ( As of 16th May )
🔹 Total Net Assets ~$54.63 Billion in 🇺🇸 Spot ETFs
🔹 BlackRock saw +$93.70 Inflow
Total inflows of +$257.34M in Spot 🇺🇸Bitcoin ETFs
1⃣ $ARKB +$62M (+937 BTC)
2⃣ $FBTC +$67.10M (+1010 BTC)
3⃣ $BTCO +$6.20M (+94 BTC)
4⃣ $IBIT +$93.70M (+1420 BTC)
5⃣ $EZBC +$3.80M (+57.42 BTC)
6⃣ $BRRR +$18.50M (+280 BTC)
7⃣ $GBTC +$4.60M (+60.51 BTC)
8⃣ $BITB +$1.40M (+21 BTC)
🔰 8 ETFs = +ve Inflow
🔰 2 ETFs = 0 Inflow/Outflow
US Bitcoin ETFs Bought 3,890 $BTC Yesterday which is Equal to Approximately 9 days supply.
Happy Bitcoin Pizza Day, everyone!
Today commemorates a significant milestone, marking Bitcoin's evolution from a niche hobby for tech enthusiasts to a widely recognized economic asset.
Share your celebration photos! In comment section #BitcoinPizzaDay
Today commemorates a significant milestone, marking Bitcoin's evolution from a niche hobby for tech enthusiasts to a widely recognized economic asset.
Share your celebration photos! In comment section #BitcoinPizzaDay
🚨What happened in Crypto in the last 12h?🚨
- $FLOKI $GALA Token Burn
- $XAI Halving
- $ARB Gaming Catalyst Program
- $AEVO + Binance Labs
- $JUP GUM Alliance
- Farcaster + Paradigm + a16z $DEGEN
- Trump accepts crypto $TREMP $TRUMP
- zySync Airdrop
👇
• VanEck spot ETH ETF has been listed on the DTCC under ticker $ETHV.
• $AEVO - Binance Labs announced the investment in Aevo.
• $CRO - Cronos has announced the successful upgrade of its zkEVM Testnet to Tethys. Mainnet launch planned for summer.
• $FLOKI - Floki DAO has planned the burning of 15,246,000,000 $FLOKI tokens on May 22.
• $GALA - Gala team received $20M from a hacker and has proposed the burn of ~5 billion tokens following a security incident.
• $JUP - Jupiter has announced the Giant Unified Market initiative. Team plans to index memecoins, RWAs, stocks, and forex for atomic transactions.
• $UNI - Uniswap Labs has responded to the SEC's Wells notice. The team expects the House to pass a bill tomorrow, granting the CFTC authority over digital asset trading.
• $XAI - XAI has announced the completion of the first $XAI halving event.
• Arbitrum has announced a $200M Gaming Catalyst Program on Tally. On-chain vote planned to initiate in 3 days. $DMT $XAI $MAGIC
• Farcaster raised $150M in a funding round lead by Paradigm, a16z, Standard Crypto. $DEGEN
• Trump's U.S. presidential campaign now accepts donations in SOL, BTC, ETH, and other tokens. $TREMP $TRUMP
• zkSync token airdrop is expected to occur around June 13th. $HOLD
* * *
💞Please Like/Retweet to support :)
Thanks for reading!🫡
- $FLOKI $GALA Token Burn
- $XAI Halving
- $ARB Gaming Catalyst Program
- $AEVO + Binance Labs
- $JUP GUM Alliance
- Farcaster + Paradigm + a16z $DEGEN
- Trump accepts crypto $TREMP $TRUMP
- zySync Airdrop
👇
• VanEck spot ETH ETF has been listed on the DTCC under ticker $ETHV.
• $AEVO - Binance Labs announced the investment in Aevo.
• $CRO - Cronos has announced the successful upgrade of its zkEVM Testnet to Tethys. Mainnet launch planned for summer.
• $FLOKI - Floki DAO has planned the burning of 15,246,000,000 $FLOKI tokens on May 22.
• $GALA - Gala team received $20M from a hacker and has proposed the burn of ~5 billion tokens following a security incident.
• $JUP - Jupiter has announced the Giant Unified Market initiative. Team plans to index memecoins, RWAs, stocks, and forex for atomic transactions.
• $UNI - Uniswap Labs has responded to the SEC's Wells notice. The team expects the House to pass a bill tomorrow, granting the CFTC authority over digital asset trading.
• $XAI - XAI has announced the completion of the first $XAI halving event.
• Arbitrum has announced a $200M Gaming Catalyst Program on Tally. On-chain vote planned to initiate in 3 days. $DMT $XAI $MAGIC
• Farcaster raised $150M in a funding round lead by Paradigm, a16z, Standard Crypto. $DEGEN
• Trump's U.S. presidential campaign now accepts donations in SOL, BTC, ETH, and other tokens. $TREMP $TRUMP
• zkSync token airdrop is expected to occur around June 13th. $HOLD
* * *
💞Please Like/Retweet to support :)
Thanks for reading!🫡
SEC APPROVES 8 SPOT ETHEREUM ETFs 🔥
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[MEXC Kickstarter] Win Free 50,000 USDT Airdrops by Voting Now!
📣[Initial Listing] MEXC Kickstarter - Vote HashPack (PACK) to Win Free 50,000 USDT Airdrops!
⏰Voting Period: 2024-05-21 13:00 to 2024-05-22 12:50 (UTC)
👇🏻Participation Eligibility:
Hold a minimum of 1,000 MX for 30 consecutive days before 2024-05-20 16:00 (UTC).
🔍 tamilbtc.com/mexc
📣[Initial Listing] MEXC Kickstarter - Vote HashPack (PACK) to Win Free 50,000 USDT Airdrops!
⏰Voting Period: 2024-05-21 13:00 to 2024-05-22 12:50 (UTC)
👇🏻Participation Eligibility:
Hold a minimum of 1,000 MX for 30 consecutive days before 2024-05-20 16:00 (UTC).
🔍 tamilbtc.com/mexc