Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge:
Complete your Binance Square profile setup (username, profile, biography), and follow @Binance Square Official during the Activity Period.
Reply to the official Binance Square post with your birthday wishes for Binance, including the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.

Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch:
After completing Task 1, share your favorite Binance memories in a new Binance Square post with the #BinanceTurns7 hashtag during the Activity Period to unlock an upgraded 7YA Digital Badge.
The top seven participants with the highest total engagements (likes, shares, comments) on their qualified Task 2 post during the Activity Period will each receive a set of Binance 7YA merch.

Twitter founder and Bitcoin advocate Jack Dorsey believes BTC has the potential to replace the US Dollar. Speaking in Tuscany, Italy, Dorsey discussed Bitcoin’s revolutionary potential and predicted it might hit💹$1 million by 2030. He emphasized Bitcoin's capability to offer more control and value, positioning it as a future global currency. $BTC

#Bitcoin❗ #BitcoinPrediction #CryptoPredctions #BinanceTournament #TwitterX

The Shiba Inu ecosystem has seen a dramatic 1600% surge in its burn rate. Over the past 48 hours, nearly 24 million SHIB tokens have been burned through nine large transactions, with 17,695,347 tokens burned in the last 24 hours alone. This aggressive burn strategy aims to enhance the token's scarcity and stabilize its price.

As of now, a total of 410.7 trillion tokens have been burned, significantly shrinking the overall supply. The burn mechanism is a key feature of the Shiba Inu ecosystem, helping to reduce the circulating supply and potentially drive up the token’s value.

The Shiba Inu ecosystem is expanding its infrastructure with new updates. The blockchain version of the Shiba Eternity Game is in development, and the Shibarium Network has introduced features like becoming a validator, building apps, and bridging assets to Ethereum. These advancements aim to integrate Web2 to Web3 capabilities, enhancing community participation and technological growth.

Despite these positive developments, technical indicators suggest a mixed outlook for SHIB. Some analysts predict a potential price surge to $0.00003, but bearish trends and market volatility could also lead to price corrections. The recent burn rate surge and ecosystem developments present a promising outlook, but the market’s inherent volatility means the community should stay vigilant.

Shytoshi Kusama, the lead developer, is visiting Japan to attend the IVS2024 conference. His visit aims to engage with the Web3 community and discuss future plans for Shiba Inu. This visit has generated excitement within the crypto community, highlighting Shiba Inu’s growing influence.

Ripple’s ongoing legal battle with the SEC has reached a critical juncture, significantly impacting XRP's price. For over three years, Ripple Labs, behind the world’s seventh-largest cryptocurrency, has been disputing the SEC’s classification of XRP as a security.

Recent Developments:
Ripple attempted to leverage a favorable ruling for Binance, arguing XRP is not a security. However, the SEC swiftly rejected this, disrupting Ripple’s strategy and causing XRP's price to drop by 9%.

Market Impact:
The court victory for Binance initially boosted optimism. Judge Amy Berman Jackson ruled that Binance’s native token, BNB, is not a security when traded on secondary markets. Inspired, Ripple filed a Notice of Supplemental Authority, highlighting inconsistent SEC rulings on BNB and XRP.

SEC's Counter:
The SEC pointed out that Ripple selectively cited the Binance ruling and emphasized other violations in Binance's case. This could mean upholding a $2 billion fine against Ripple. Consequently, XRP's price slumped to $0.41.

Analyst Perspectives:
Despite the drop, some analysts see a buying opportunity. With the case's conclusion nearing, a favorable ruling for Ripple could propel XRP to $6. The current dip might be an entry point for investors.

Key Points to Note:
The SEC’s rejection renews uncertainty over XRP's status.
The ruling's outcome could set a precedent for SEC regulations on other cryptocurrencies.
XRP's price reflects both the legal battle and a broader bearish market trend.

Stay tuned as the Ripple vs. SEC saga continues to unfold, potentially reshaping the future of the crypto industry.
#RippleSEC #Ripple💰 #XRPGoal

Market Turbulence:
XRP has dropped 12% in the last 24 hours, now trading at $0.400. This decline mirrors the broader market crash, with Bitcoin down 7% to $54k and Ethereum falling 10% to $2.859. The crypto market cap saw its largest single-day loss since April, falling by 5.84% to $2.043 trillion.

SEC vs. Ripple Case Update:
The verdict for the SEC vs. Ripple case is anticipated on either July 31 or July 13. A favorable decision could lead to a bullish reversal for XRP. Recently, Ripple filed a Notice of Supplemental Authority, referencing the Binance case ruling, which could impact the SEC’s stance on XRP.

Legal Implications:
Judge Amy Berman Jackman's recent ruling against the SEC’s allegations on Binance’s BNB token, based on the July 2023 ruling by Judge Analisa Torres on XRP’s Programmatic sales, supports Ripple’s defense. Legal experts suggest this could deter the SEC from appealing the XRP ruling.

Potential Impact:
If the court rules in Ripple’s favor, XRP could see a significant price increase, potentially reaching $1. Ripple’s defense highlights the lack of clarity in the SEC’s allegations and proposes a $10 million settlement, contrasting the SEC’s $2 billion disgorgement demand.

Investor Sentiment:
XRP investors remain hopeful that a favorable ruling will reverse the current bearish trend and restore bullish momentum. The upcoming verdict dates are critical for XRP’s future trajectory.

#RippleSEC

Terra Classic Boosts Hexxagon.io with 30M LUNC Delegation

The Terra Classic Foundation (TCF) is continuing its efforts to rebuild the Terra Classic community after the UST de-pegging. With low demand for LUNC, the altcoin has dropped around 40% in the past four weeks amid the ongoing crypto correction. Despite this, TCF, a non-profit organization based in Estonia, has delegated an additional 30 million LUNC to Hexxagon protocol. This brings their total delegation to 930 million LUNC across different protocols, ensuring the smooth operation of the Terra Classic blockchain.

Strengthening the Network:
Recently, TCF also delegated more LUNC coins to Delight Labs and Vegas Morphs, among others. All validators are encouraged to participate in TCF’s delegation program to enhance network decentralization.

Recovering from Past Challenges:
The initial Terra Luna crash in early 2022 heavily impacted the Terra Classic blockchain's adoption. Despite other layer-one blockchains gaining significant traction, TCF is focused on reviving LUNC and its related web3 projects.

Future Prospects:
The Terra Classic blockchain aims to foster a vibrant Web3 ecosystem with secure smart contracts. According to Defillama, the Terra Classic network has around $2.09 million in total value locked (TVL) across various projects, including Astroport Classic, Terraswap, Loop Finance, and Eris protocol. Binance's support through periodic LUNC burns has also bolstered the network, with around 1.7 billion LUNC burned earlier this week, totaling over 12 billion LUNC and 68 million USTC removed from circulation.

Market Performance:
LUNC's price has declined approximately 15% in the past week, trading around $0.00007106 on July 4, 2024, amid the broader crypto correction. Despite this, LUNC shows potential for a bullish reversal in the coming months, suggesting an investable rebound.

🚨Attention Binancians🚨

📢Binance has announced the removal of several margin trading pairs effective July 8, 2024, at 06:00 (UTC). The affected pairs are:

Cross Margin: DGB/BTC, TLM/BTCIsolated
Margin: $DGB /BTC, $TLM /BTC, $VOXEL /BTC

Ensure to close your positions and transfer your assets from Margin Wallets to Spot Wallets before the deadline to avoid any potential losses.

There Announcement
Stay informed and trade wisely!

📢South Korea Tightens the Screws on Crypto Fraud with Real-Time Monitoring🚨

South Korea is intensifying its fight against crypto fraud. The Financial Supervisory Service (FSS) has launched a real-time monitoring system to track suspicious cryptocurrency transactions, aiming to enhance investor protection and ensure market integrity.

Increased Scrutiny for Crypto Exchanges:
As new regulations approach, South Korean regulators are targeting questionable trading practices. The FSS aims to boost investor confidence by closely monitoring transactions and swiftly addressing any suspicious activities.

Continuous Monitoring System:
The FSS has introduced a continuous monitoring system to detect abnormal crypto transactions on major exchanges. This 24/7 system, developed with local digital asset exchanges, provides real-time oversight and promptly identifies irregularities, fraud, and manipulation.

Data Transmission Line
A dedicated data transmission line between crypto exchanges and regulatory authorities ensures seamless reporting of suspicious transactions, allowing the FSS to quickly investigate flagged activities.

Launch Date and Investor Protection:
Starting July 19, 2024, the FSS will use this advanced system to monitor crypto transactions around the clock. This coincides with the implementation of South Korea’s first regulation for crypto investor protection — the Virtual Asset User Protection Act.

Stricter Guidelines for Crypto Exchanges:
All crypto exchanges in South Korea must integrate this monitoring system into their operations, providing real-time data to the FSS. Compliance is essential for their continued operation within South Korea’s evolving legal landscape.

By enhancing rules and oversight, South Korea aims to create a safer and more transparent trading environment, strengthening its position in the global crypto market.

#MarketSentimentToday #SouthKoreaCrypto

📢Important BitMEX Announcement Concerning Shiba Inu (SHIB) and Other Meme Coins 📢

BitMEX has launched the MEMEMEXTUSDT Basket Index Perpetual Swap Contract, featuring the top 10 meme coins by market cap, including Dogecoin, Shiba Inu, PEPE, and more.

This new offering allows traders to gain exposure to the leading meme coins through a single contract, providing up to 25x leverage and margined in USDT. It's designed to let traders speculate on the overall performance of popular meme coins while diversifying their risk.

Dubbed the “S&P500 for crypto meme coins,” it includes coins like $DOGE , SHIB , PEPE , $WIF ,$FLOKI , BRETT , BONK , BOME , MEME , and MOG. Each contract equates to 0.0001 MEMEMEXT with a lot size of 1000. The maker fee is set at -0.015%, and the taker fee is 0.075%.

BitMEX CEO Stephen Lutz explained that this contract offers a safer way to trade meme coins, avoiding the direct volatility and liquidity issues of individual tokens.

Crypto investors are closely watching DOGE, PEPE, and LUNA as recent volatility shakes up the market. DOGE is at risk of dropping below $0.10, PEPE needs to hold above $0.00000892 to avoid new lows, and LUNA faces potential turbulence with ongoing legal issues. Dive into the full analysis for in-depth predictions and insights.

Read the full Analysis!

#cryptoanalysis

🚨 Fed's Warning Sparks Bitcoin Plunge to $50,000!🚨

Bitcoin is back under $60,000 after a major crash wiped out $200 billion from the crypto market, affecting Ethereum, $XRP and $SOL

The downturn follows Federal Reserve Chair Jerome Powell's remarks on the unsustainable U.S. deficit, and key technical levels breaking down.

As fears of further declines loom, traders are bracing for turbulent times ahead. 💥

#MarketSentimentToday

CoinDCX, India's largest crypto exchange, has acquired BitOasis, the leading virtual assets trading platform in the Middle East and North Africa (MENA) region.

This landmark deal, following CoinDCX's strategic investment in BitOasis in August 2023, enhances BitOasis's presence in the MENA market, complementing its new license in Bahrain and its Dubai platform.

CoinDCX, known for its robust user base and compliance with regulatory standards, aims to leverage BitOasis's established regulatory relationships and market presence to offer expanded crypto services and improved user experience in the MENA region. #CoinDCXBitOasisInvestment

🚨BREAKING🚨

BINANCE WINS OVER SEC 🇺🇸

THE FEDERAL COURT RULED
$BNB SALES, CRYPTOCURRENCY
TOKENS ARE NOT SECURITIES.

THE RULINGS INCLUDE:

CRYPTO ARE NOT SECURITIES
BUSD IS NOT A SECURITY
BNB SALES ON SECONDARY
EXCHANGES = NOT SECURITIES

This marks a significant victory for Binance and the broader crypto industry. 🔥
#BINANCE

The Secured Overnight Financing Rate (SOFR) hit a six-year high of 5.4% on July 3rd, signaling tightening liquidity and restrictions on overnight borrowing.

This spike mirrors a similar situation from January 2nd and September 2019, when the Federal Reserve had to inject liquidity into the repo market.

David Brickell of FRNT Financial noted this as a short-term market concern, indicating pressure from excessive government debt and Treasury bond issuance. He predicts that the Federal Reserve will need to end quantitative tightening and restart liquidity injections to support the financial system.
#SOFR_Spike

🚨Important Update for Binance Users🚨

Hello, Binance community!

To maintain a top-tier trading experience, Binance routinely reviews spot trading pairs, removing those with low liquidity and volume. On July 5th at 03:00 (UTC), the following pairs will be delisted:

AI/TUSD, BTC/AEUR, CHR/BNB, ETH/AEUR, GAS/FDUSD, LQTY/FDUSD.

Stay informed and adjust your trading strategies accordingly.

#BinanceNews #CryptoNews🚀🔥 #CryptoUpdate #DelistedCoin #BinanceTournament

The 👉Notice!

BNX has surged to the top of Binance's 24H gainers list, marking a remarkable 17.70% increase in market cap, now at $374,077,691.

Trading volume skyrocketed by an impressive 369.40%, reaching $102,384,456.

With circulating supply at 367,791,145 BNX and a strong volume/market cap ratio of 27.34%, BNX is showcasing significant bullish momentum.

As the fully diluted market cap hits $2,135,160,194, this cryptocurrency is attracting considerable investor attention.

Stay tuned for more insights and analysis!

I would advise a cautious approach when investing in $BNX Always do your own research and consider the risks involved before making any investment decisions.

🔥Analyst Predicts Massive Surge for WIF! 🚀

In the crypto spotlight, dogwifhat (WIF) is catching eyes again. Analyst Bluntz forecasts a major price jump for WIF, powered by Solana's momentum. Using Elliott Wave theory, Bluntz suggests WIF could soar to $11 by November, a whopping 386% rise from its current $2.17. Is WIF set to be the next big meme coin?

I would advise a cautious approach when investing in $WIF Always do your own research and consider the risks involved before making any investment decisions.

#wifhatdog #ANALYSIS #CryptoNewss #Insights

🔥 New Trading Pairs and Trading Bots Services on Binance Spot

Exciting news for all traders! Binance is expanding its offerings with new trading pairs and enabling Trading Bots services to enhance your trading experience. Starting on July 3, 2024, at 14:00 (UTC), you can trade the following pairs:

WIF/BRL
ZK/USDC
ZRO/USDC

Trading Bots services for these pairs will also be available, providing you with more tools to optimize your trading strategies. Happy trading, everyone!

Check Full Notice

#BinanceNotice #BinanceNews #Wifey #zkSynk #LayerZero