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📊 Germany continues to move BTC

The government recently moved another 700 BTC (~$40m).

Based on the fact that the trend is not improving, we may still be driven to $54k or a reversal, but $10-20k in bitcoin is not worth waiting for 😁

📱#WhatsApp is working on a new feature that allows users to create iconic images for use in any imaginary environment, relying on artificial intelligence.

Crypto Speak: Market Manipulation

Market manipulation is a deceitful practice where individuals or entities artificially influence asset prices to deceive investors or gain an unfair advantage. This illegal activity can take many forms, including spreading false information, engaging in fraudulent trading practices, or artificially creating demand or supply. Market manipulation undermines financial market integrity and can harm investors by distorting prices and creating a false sense of market conditions.

For example, a pump-and-dump scheme involves fraudsters inflating a cryptocurrency's price through false information before selling their holdings at a profit. This tactic can lead to significant financial losses for unsuspecting investors. Regulators closely monitor markets to detect and prevent manipulation, and those found guilty can face severe penalties.

Stay informed and vigilant to avoid falling prey to market manipulation!

Take a Look: Why TON Is Surging While the Crypto Market Slumps

Although the general crypto market is still down, there has been a tremendous upsurge in the Open Network (TON) native token.

•TON’s transaction volume reaches $10 billion daily, highlighting its growing popularity and impressive growth.

•TON token holders increase from 2.9 million to 32 million, showcasing exponential growth.

With a market cap of more than $2.45 billion,Ton is now ranked ninth out of all cryptocurrencies.

FUN FACT: In 2014, #Dell accepted payment of 85 #Bitcoin  worth $50,000 for a server order.

Today, that 85 🥇 BTC  is worth $5.4 million.

The Magic of Merkle Trees

Imagine a digital fingerprint that verifies the integrity of a massive dataset with just a single hash value. Enter Merkle trees, a revolutionary data structure that ensures the consistency and security of blockchain data. Named after Ralph Merkle, this hierarchical structure organizes data into a tree-like format, with each node containing a hash value. The root node, or Merkle root, represents the entire dataset, allowing for quick verification of data integrity.

Here's an example: in Bitcoin, Merkle trees are used to verify transactions within a block. By comparing the Merkle root of a block with the previous block's Merkle root, participants can quickly detect any tampering or alterations. This ensures the immutability and security of blockchain data, making Merkle trees an indispensable component of blockchain technology.

Crypto Speak: POW

Proof of Work (PoW) is a consensus mechanism used in blockchain networks to validate and confirm transactions.

In a PoW system, miners compete to solve complex mathematical puzzles, with the first miner to find the solution being rewarded with newly minted cryptocurrency and transaction fees. This process requires significant computational power, making it costly and time-consuming.

However, it ensures network security and prevents double-spending. Bitcoin, the first cryptocurrency, uses PoW as its consensus mechanism.

🔶 Binance founder doubles his fortune while behind bars

Forbes found 94 million BNB ($56 billion) in CZ's "stash" - that's 64% of the total number of BNB in circulation.

Forbes also states that Binance, together with CZ, own 71% of the 147 million BNB in circulation.

Thus, taking into account the recent rise of BNB, CZ's fortune has increased to $61 billion and he now ranks 24th among the world's richest people.