Binance to auto-convert stablecoins to BUSD
In order to enhance liquidity and capital-efficiency for users, Binance is introducing BUSD Auto-Conversion for users' existing balances and new deposits of USDC, USDP and TUSD at a 1:1 ratio
— db (@tier10k) September 5, 2022
Will cease trading in USDC/TUSD/USDP pairs
Thoughts?https://t.co/FDqcNzJ5ci
PoolinWallet Plans to Suspend Withdrawals
PoolinWallet plans to pause all withdrawals, flash trades, and internal transfers within Poolin systems from 10:00 PM, GMT+8, September 5. Poolin said they are expecting to provide the community with more details, and feasible solutions within a week. https://t.co/qmD3gkT2B0 https://t.co/xgW7XhxmXQ
— Wu Blockchain (@WuBlockchain) September 5, 2022
Bitcoin miners resume sell-offs
#Bitcoin miners capitulating again?
— Julio Moreno (@jjcmoreno) September 2, 2022
Some #Bitcoin miners sent 5k coins to exchanges today.
Why?
– BTC price remains low.
– Mining difficulty is near a fresh ATH.
– Hashprice has collapsed on YoY basis.
Read below. pic.twitter.com/DtbXmqyVIj
If we analyze income and mining difficulty together we see #bitcoin miners are in the extremely underpaid territory right now. pic.twitter.com/mKp12GxwcM
— Julio Moreno (@jjcmoreno) September 2, 2022
New UK prime minister supports crypto
— Bitcoin Archive
BREAKING: UK has a new Prime Minister, who is supportive of #Bitcoin and crypto.
'We should welcome cryptocurrencies', said Liz Truss in 2018
Time for policy action…(@BTC_Archive) September 5, 2022
We should welcome #cryptocurrencies in a way that doesn't constrain their potential. Liberate free enterprise areas by removing regulations that restrict prosperity. #PolicyExchange #futureoffreedom #shakeup
— Liz Truss (@trussliz) January 30, 2018
Buying the dip
The thing about bear markets is people spend the entire time trying to buy the bottom and in doing so give back all their bull market gains just to need 1-2 bull runs to make it back. A vicious cycle. https://t.co/poNhYP5T74
— Pentoshi(@Pentosh1) September 5, 2022
Can Bitcoin reduce greenhouse gas emissions?
I have a message to all climate activists – If you want to reduce emissions, mine #bitcoin of stranded natural gas.
— Jaran Mellerud (@JMellerud) September 5, 2022
That's by far the most cost-effective way you can reduce greenhouse gas emissions. pic.twitter.com/4BDSNeLNfT
OI in Bitcoin soars to 1-month high
— glassnode alerts (@glassnodealerts) September 5, 2022
#Bitcoin $BTC Futures Contracts Open Interest just reached a 1-month high of $354,728,356.14 on #Bitmex
Previous 1-month high of $354,435,969.64 was observed on 28 August 2022
View metric:https://t.co/iSDHxkGJSu pic.twitter.com/pfeUDwnd1G