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
💥BREAKING: UK has a new Prime Minister, who is supportive of #Bitcoin and crypto.
— Bitcoin Archive (@BTC_Archive) September 5, 2022
'We should welcome cryptocurrencies', said Liz Truss in 2018
Time for policy action…🤔
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
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
📈 #Bitcoin $BTC Futures Contracts Open Interest just reached a 1-month high of $354,728,356.14 on #Bitmex
— glassnode alerts (@glassnodealerts) September 5, 2022
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
