Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Bitcoin Price Surges Past $68,500 in Latest All-Time High

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BTC

Bitcoin, the most popular and biggest cryptocurrency hit a new record high of $68,564 on the Bitstamp exchange on Nov. 9 2021.

It is up 11.73% since the start of November after logging a 42.26% price increase in October. The flagship coin is now worth $1.289 trillion, and it's on the verge of surpassing the market cap of silver.

Since the beginning of the year, BTC has made a gain of 136% compared to other store-of-value assets such as gold, which has actually lost 3.7 since Jan 1, BTC is wah ahead.

Bitcoin's market dominance has spiked to 43.8% because of the price increase. at the time of press, the world's premier cryptocurrency asset was changing hands for $68,240 according to TradingView tracking prices on Binance. 

BTC/USD 2021 - Binance: TradingView

The market capitalization of Bitcoin is currently $1.29 trillion, which puts it ahead of Tesla's $1.16 trillion according to CompaniesMarketCap. BTC is the eighth largest asset on the planet with silver, gold and the top five companies by market cap above it.

On Nov. 9, on-chain analytics provider Glassnode noted that exchange outflows are still going on and BTC balances are falling despite the ATH.

"As Bitcoin hits, new All-Time-Highs, exchange balances continue to be depleted. Exchange reserves we track to account for just over 12.9% of the circulating supply and are still seeing outflows, even at ATH prices."

The firm concluded that Bitcoin's "investor conviction" also appeared to be at all-time highs as long-term holders remain reluctant to sell.



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