@BitcoinMagazine For starters, a buyback means the Treasury pays off some of its older debt early.
Some people believe this changes how much money moves around, which can shape how they view Bitcoin.
Quick explainer on "short-term holder cost basis."
It's the average price people paid for Bitcoin they bought recently. Think of it as the group's break-even point.
When the price falls below it, most of those recent buyers are sitting at a loss on paper. That's what "underwater" means here.
It's basically a data point on how recent buyers are doing, and nothing more.
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Quick recap before you hit send:
🔹 Read the whole address
🔹 Compare it after you paste
🔹 Match the network
🔹 Check for a memo or tag
🔹 Send a small amount first to a new address
This post is for educational purposes only and is not financial advice.
What’s your own rule before you hit send?
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The first time you sent crypto, how many times did you check the address?
If it was more than once, you’re in good company.
If not, here are 5 checks that help:
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Check 5: If it’s a new address, send a small amount first.
Once it lands where you expect, send the rest.
Each send has its own network fee, so it’s a small trade-off.
@Kate_L_Mosso@mnee If you’re holding MNEE in RockWallet, check out our update! You can redeem it 1:1 for USDC or swap it for another supported crypto asset. Here’s what you need to know before November 30 👇
https://t.co/ODxPxKWeBf
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You have two options:
1. Redeem your MNEE 1 to 1 for USDC
2. Swap it into any crypto asset supported in the RockWallet app
Please do this by 11:59 PM EST on November 29.
🏛️ Georgia, you’re live. RockWallet is now available across the state, delivering a non-custodial crypto wallet built for seamless access to your favorite cryptos.
🫵 Full control
📲 Mobile-first experience
🔑 Easy access to your crypto
Ready when you are. More details here: https://t.co/JwzNkmji5P
Published in TheInterSection, our President and COO, Steve Bailey @rockwallet_coo, is featured.
His piece looks at why crypto’s value is moving away from infrastructure and toward the products people use, like banking, payments, and savings.
Read the full article: https://t.co/kCdVQXsmqV
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If the amount you’d like to swap through support is above $100, you may need to complete a one-time KYC. Support will send you a link.
For more details on this change and what’s next, please read our CEO’s open letter: https://t.co/pKfmnh7drm
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If you hold MNEE in your RockWallet app, here’s what to know before November 30.
We’re retiring the MNEE stablecoin on that date, on both ERC-20 and 1Sat Ordinals.
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Can’t complete the Swap in the app? Email [email protected] with:
1. The amount of MNEE you hold
2. The chain (ERC-20 or 1Sat Ordinals)
3. Your MNEE address
4. The crypto you’d like to receive in place of your MNEE (for example Bitcoin, Ethereum, or BSV)