🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Conflux Network will destroy 76 million Tokens through the CFX burn and stake proposal.
According to the Gate.io News bot, as reported by Wu, the proposal for the destruction and staking of CFX by Conflux Network has been approved by community vote. According to the proposal, Conflux Network will execute a plan to destroy 76 million CFX, while staking 500 million CFX. After this adjustment, the Annual Percentage Rate for PoS staking will be adjusted to 13.38%.
The Conflux Foundation announced that it will immediately initiate the destruction process and will publicly disclose the relevant records on the blockchain once completed.