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Breaking News: China's Impact On Bitcoin Prices: Top Expert Reveals The Real Reasons Behind The Drop
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Breaking News: China's Impact On Bitcoin Prices: Top Expert Reveals The Real Reasons Behind The Drop

Bitcoin (BTC) and TRON (TRX) see sizable gains, yet DeeStream (DST) obtains USDC (USDC) whale

Bitcoinist
by Bitcoinist
Last Updated: February 24, 2024 2:05 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Some big changes have happened lately in the crypto market. Bitcoin (BTC) and TRON (TRX) have gained a lot in value. But now, people are also talking about a new streaming service that has launched its presale as it has received a big investment from a major USDC (USDC) holder. This shows that the market is always changing, with many projects becoming more popular.

In this summary, we’ll talk about the recent good and bad times for well-known cryptocurrencies. We’ll also explore what makes the new DeeStream (DST) presale different in the world of cryptocurrency and streaming.

Bitcoin (BTC) Surges Amid Block’s Q4 Earnings Report

In recent news, financial technology firm Block revealed a gain of $207 million on its Bitcoin (BTC) holdings in its fourth-quarter financial report. As of December 31, 2023, Block possessed approximately 8,038 BTC valued at $340 million. The company, under the ownership of Jack Dorsey, saw a substantial 90% year-over-year growth, generating $66 million in gross profit from Bitcoin (BTC) sales through its banking services platform, Cash App. Block’s total gross profit increased by 22% annually, reaching $2.03 billion, leading to a 13% surge in its shares during after-hours trading.

TRON (TRX) Price Analysis Amid Crypto Uncertainty

TRON (TRX) faces scrutiny amid market turbulence. Once soaring during the 2017-2018 crypto boom, it now hovers at $0.1396, signaling a potential short-term downtrend. Priced at $0.1397 with a $313 million 24-hour trading volume, TRON’s current state prompts caution. Recent news highlights TRON’s resilience, Justin Sun’s response to UN reports on USDT misuse and Solana surpassing TRON (TRX) in stablecoin volume. Investors navigate the volatile crypto landscape, emphasizing thorough research and advice in decision-making.

USDC (USDC) Integration on Celo’s Mainnet Revolutionizes DeFi

Circle’s stablecoin USDC (USDC) officially debuted on the Celo mainnet, signaling a significant development in the crypto space. The integration enables developers and users to utilize USDC (USDC) directly on Celo, enhancing DeFi and payment apps. Circle Mint’s APIs simplify USDC (USDC) deposits and withdrawals across blockchains, eliminating the need for costly and time-consuming third-party bridging solutions. This integration opens up opportunities for developers to create new apps using USDC (USDC) on Celo, fostering financial inclusion and making digital transactions more accessible globally.

DeeStream (DST) Secures USDC (USDC) Whale, Stands Out in Crypto Streaming

DeeStream (DST) is making waves among crypto investors with its decentralized streaming platform. Going beyond traditional tokens, DeeStream (DST) focuses on enriching interactions between fans and streamers. What sets it apart is its unique presale launch event, offering governance rights and an impressive 50:50 revenue split. This innovative approach aligns investor interests with the platform’s success and its transparent revenue generation adds to its allure. The decentralized governance model empowers presale token holders to actively shape the platform’s future, ensuring continuous improvements aligned with user preferences.

DeeStream’s strength lies not only in its governance but also in its engagement initiatives. The platform encourages user participation through milestone-based rewards and tasks, creating a dynamic and interactive streaming environment. With an accessible price point of $0.04 in its Stage One presale, DeeStream (DST) stands on the cusp of substantial expansion, presenting investors with an enticing opportunity in the evolving cryptocurrency and streaming sectors.

Conclusion

Bitcoin (BTC) and TRON (TRX) have seen notable increases and DeeStream (DST) stands out as a distinct and promising participant in the cryptocurrency and streaming sectors. With its inventive approach and emphasis on community involvement, DeeStream (DST) presents an attractive investment option for those looking to capitalize on developments in these dynamic industries. Keep an eye out for further updates on DeeStream’s progress in decentralized streaming.

 

Find out more about the DeeStream (DST) presale by visiting the website here

 

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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