Red Packet is a feature of Binance Pay that allows you to send fun crypto gifts to your friends. You can create a Red Packet that consists of a random or fixed amount of tokens and share it with a group of friends. They can claim it with a code on the Binance app or website to get the crypto you put in the Red Packet.
Click on How to Create and Claim Red Packets on Binance?
if you understood how to claim it then copy below codes and paste it on the relevant filed to recevie the gift
$ T6NRKFR6 💥💥💥💥( 3/25 is open total is 12000) BTTC
$ S1UUCURW 💥💥💥💥(35/100 is open total is 14000) BTTC
💥Bitcoin💥(BTC) Wallet Reawakens After 9-Year Dormancy
After having been inactive since 2009, a wallet holding about 11121 Bitcoin (BTC), which is the world’s scarce cryptocurrency, has been active again. Following records of account holders’ addresses noted on the digital wealth tracking platform, Whale Alert, an account holding 687 Bitcoins worth over $43.9 million, has been reactivated after nine years of inactivity.
Bitcoin Whale Emerges Amid Price Surge
The unusually big opening of this wallet coincides with a recent surge in Bitcoin price, which now surpasses the $64,000 level. While the coincidence of time may be allegedly linked to the price activity of Bitcoin, the experts in the domain imply that there is no direct link between the awakening of neglected wallets and the price fluctuation of Bitcoin. Together with this, the unexpected rise of the Bitcoin whale, of course, makes the modern crypto market more interesting.
Legacy of Satoshi’s Unlikely Connection to Mysterious Founder
Now an uncommon phenomenon, this address belongs to the period of Bitcoin DAG discovery, when Satoshi Nakamoto, the mysterious creator of Bitcoin, was unveiled. However controversial, it is almost impossible that such a transaction will substantially confirm that Nakamoto is directly involved. Although the connection with Satoshi impregnates an atmosphere of cloudiness to the unfolding of old wallets as if in past occasions, the circulation of coins possibly related to Nakamoto played a role in altering market sentiment.
Generally, however, when dormant wallets begin to stir, they may chicken out, but that’s why it’s necessary to put an eye on them and doubt what’s happening. The cryptocurrency market is well-known for its volatility and unpredictability; tracking down which actual moves can be directly traced back to the impact of individuals or entities like Satoshi Nakamoto takes careful deliberation and more than sufficient corroboration. #FollowMeAndGetReward #FollowYourBrotherForMore #CryptoWatchMay2024
Dogecoin (DOGE) Creator Breaks Silence on Big DOGE Announcement
Dogecoin's recent price surge sparks speculation about potential game-changing developments for DOGE
Dogecoin's enigmatic creator, Billy Markus, also known as Shibetoshi Nakamoto, has once again distanced himself from the current trajectory of the popular meme cryptocurrency. Amid swirling speculation on social media about an impending "big announcement" for DOGE, Markus swiftly doused any hopes, affirming his detachment from the project for the past decade.
Read more on U.Today https://u.today/dogecoin-doge-creator-breaks-silence-on-big-doge-announcement
Markus, the brain behind Dogecoin's inception, pioneered the cryptocurrency as a playful alternative to the more serious contenders in the digital currency realm, like Bitcoin. However, after laying the groundwork for the meme-inspired coin, he gradually faded into the background, leaving the reins of the project to the community.
Dogecoin (DOGE) price outlook
Meanwhile, the price of Dogecoin has been on a notable upswing, injecting further intrigue into the speculative atmosphere surrounding the cryptocurrency. In a surprising turn of events, DOGE's value surged by 4.5% in the past several days, reaching a peak of $0.16832. Remarkably, this surge marks a staggering 30% increase since last Thursday, catapulting Dogecoin from its recent low of $0.124.
The implications of Dogecoin's price surge are currently under scrutiny, with speculation abounding regardingpotential catalysts for its bullish momentum. Despite the absence of concrete announcements, theories range from Tesla's rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk's ventures.
XRP's Impending Surge: Analyzing the Potential $2.61 Trillion Market Cap
2/2
Amidst the anticipation of significant market fluctuations, prudent investors will closely monitor technical signals while balancing short and long positions. Risk management remains paramount in navigating XRP's volatile landscape. While EGRAG CRYPTO's forecasts offer promise, a cautious approach is advised, grounded in comprehensive research and thorough risk assessment.
A Glimpse into XRP's Future
The prospect of a "3rd Kaboom" offers a tantalizing glimpse into XRP's potential future as a dominant force in the cryptocurrency sphere. However, prudent caution must accompany any investment in XRP or other cryptocurrencies, underscoring the importance of thorough due diligence.
In conclusion, as Ethereum experiences a significant burn of 12.7 billion, all eyes are on XRP to see if EGRAG CRYPTO's audacious predictions will materialize in the ever-evolving financial landscape. The coming days will prove decisive for observers of XRP's trajectory, poised on the brink of a potentially monumental surge.
XRP's Impending Surge: Analyzing the Potential $2.61 Trillion Market Cap
1/2
Explore the impending surge of XRP as analysts project a monumental market cap reaching $2.61 trillion, unraveling the potential implications for investors.
XRP, poised for a monumental ripple, could reach a staggering $2.61 trillion market cap according to analyst EGRAG CRYPTO. Delve into the intricacies of XRP's trajectory and what this means for investors.
Deciphering XRP's Financial Metamorphosis
Renowned analyst EGRAG CRYPTO predicts an imminent "3rd Kaboom" for XRP, projecting a monumental market cap surge to $2.61 trillion. This forecast ignites curiosity about the implications for XRP and its investors, prompting a closer examination of the cryptocurrency's trajectory.
XRP has long been favored by followers of technical signals, with EGRAG CRYPTO basing forecasts on meticulous observations around the 21-day Exponential Moving Average (EMA). Each "Kaboom" in XRP's history, marked by periods of relative stability followed by explosive growth, signals significant turning points. The anticipation of a third Kaboom suggests a potentially transformative phase for XRP.
Setting the Stage for XRP's Future
A retrospective analysis reveals the impact of previous Kabooms on XRP's market cap and token price. The first Kaboom in 2017 propelled XRP from mere millions to billions, while the second in 2021 hinted at a resurgence. These historical cycles serve as a backdrop for predicting XRP's future trajectory.
Current indicators hint at a buildup of bullish pressure, with price support consolidating at current levels. Should XRP breach imminent resistance, a rapid ascent is anticipated, potentially catapulting its market cap to unprecedented levels. Such a surge would not only benefit XRP holders but could also reshape the broader cryptocurrency ecosystem, attracting fresh capital inflows and altering investment strategies.
The Bitcoin Exchange Inflow With 20K BTCs Records A Similar Situation Of That In 2015!
The number of selling for Bitcoin (BTC) tokens has been on a constant decline since February 2018, indicating an increase in the number of investors and holders in the cryptocurrency industry. Furthermore, the Moving Average (MA) 365-day exchange inflow has recorded a significant drop, from 90K to 36K at the time of writing. The current trend of Bitcoin Exchange Inflow is 20K, very similar to the situation that occurred in January 2015.
Bitcoin Bull Trap: BTC Price Still At Risk of Dropping 20% in Coming Days!!
Analyst Kyledoops recently talked about
#Bitcoin’s crucial position is below $60,000 and the importance of the $58,000 to $60,000 range. He warned viewers about a possible trap in the market and shared tips to avoid it.
He noticed a bit of relief in the market, with many top coins bouncing back on hourly and daily charts. Altcoins were doing better than Bitcoin, with some even making big gains.
“Where are we within the cycle? We’ve spoken a lot about the diminishing volume which tends to happen in a corrective phase. Now, I give a slight edge to the Bulls just to give you full disclosure over there. I am very, very, very cautiously on a fine line on thin ice bullish, right? But that ice is cracking and we’re about to fall through,” he said.
However, the bullish edge was hanging by a thread, with the potential for a major bear trap if Bitcoin closes above $60,000. The Analyst highlighted the significance of the 21 exponential moving average on the weekly timeframe and cautioned against losing it as it could signal a deviation back into the old trading range. Despite hitting those levels, there was historical precedence for a rebound, especially between the 100 and 150-day moving averages within the bull market.
While there might be short-term spikes, the overall trend remains bullish, though correction phases can last up to 8 to 12 weeks with drawdowns of 20 to 40%. Bitcoin has seen a 23% drop, with a potential further decline to around $44,000. However, any such move is expected to be brief, with a swift rebound anticipated.
The analyst added, “If the weekly candle starts to close above $60,000, well, you can see very quickly how a major bear trap would have unfolded over there. So currently we’re putting in a little bit of a wick.”
On the second day of May, the market starts making Green Candles and what are you waiting for my dear brother and sisters. Market start journey to Bullish and are you still quiet you don't need profits what i know is you need some profits in your portfolio. Then Buy $LUNC now yes buy it the bullish is coming soon. Take your chance or Regret later Thank you♥️
Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors:
1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations
2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m.
3. US Spot BTC ETFs saw an outflow of $161m yesterday
4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations
5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch
6. More BTC miners approach shutdown levels amid price drop below $57,000
It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets.
Tron CEO Justin Sun Supports Meme Coins at Token 2049 Conference
-Justin Sun backs meme coins like Dogecoin, Shiba Inu, and Floki, praising their role in diversifying crypto.
-Sun emphasizes community involvement and fair launches as key to meme coins’ success.
-Despite recent price declines, Sun remains optimistic about meme coins’ future, citing their resilience in crypto cycles.
Justin Sun, the founder and CEO of Tron, expressed support for meme coins such as Dogecoin, Shiba Inu, and Floki at the recent Token 2049 conference in Dubai. Sun highlighted the unique role these tokens play in differentiating the cryptocurrency industry from traditional financial systems.
During his address, Sun discussed the substantial market valuations attained by top meme coins, which exceed $10 billion. However, Sun emphasized that such success stems from “fair launch and community participation,” core principles that he believes are vital to the cryptocurrency ecosystem.
Network Upgrades and Market Trends
Sun also touched upon the challenges of launching a successful meme coin, comparing it to creating any significant crypto project. He cited the consistent support from figures like Tesla CEO Elon Musk for Dogecoin, underscoring the importance of prominent endorsements in the crypto world.
Moreover, Sun’s speech included an optimistic outlook for the future of meme coins. He noted that each bull cycle in the cryptocurrency market tends to highlight a particular meme coin that stands out from the rest. Despite the recent downturns in market prices, with Dogecoin and Shiba Inu experiencing significant declines, Sun’s perspective remains bullish on the potential resurgence in the next cycle.
Shiba Inu Community Burns 1.69 Billion Coins in April
Shiba Inu community removed 1.69 billion SHIB coins from circulation in April to increase token value through scarcity.
Despite substantial coin burn, SHIB’s price falls 22.44% in April, reflecting a broader market downtrend.
The upcoming hard fork on May 2nd offers hope for SHIB investors and is expected to enhance token functionality.
Shiba Inu’s community has made headlines in the cryptocurrency sector by successfully removing 1.69 billion SHIB coins from circulation through a series of transactions in April. This action is part of an ongoing effort to reduce the supply and potentially increase the token’s value.
Throughout the month, 204 transactions were used to send these tokens to dead addresses, permanently removing them from the supply. The burning mechanism is a common strategy within the cryptocurrency space aimed at creating scarcity, giving the remaining coins the potential for increased value. For Shiba Inu, these burns are critical to its economic strategy.
Shibburn tracker, however, explained that this was not part of any larger plan. “It’s just folks making mistakes, sending their tokens to the CA, and losing their investments as a result,” the tracker noted in a post on X.
Market Reaction
Despite the substantial coin burn, Shiba Inu’s price has experienced a downturn, falling by 26.84% over the month. This decline reflects a broader market trend that has seen many cryptocurrencies lose value. Market analysts suggest that while the burn could foster scarcity, larger market forces have overshadowed the immediate impact on price.
Decreasing supply is a long-term strategy to boost the token’s value. Moreover, the Shiba Inu community is optimistic about the future, with a hard fork scheduled for tomorrow. This upgrade is expected to introduce improvements that could enhance the token’s functionality and appeal to a broader audience.
Today, the cryptocurrency market is experiencing a downturn as traders evaluate how the Depository Trust Company's decision to exclude Bitcoin ETFs from collateral recognition will affect price.
The cryptocurrency market is down today, with the total market capitalization falling by 2.82% to $2.23 trillion on April 29. Bitcoin $BTC $62,640 , the largest cryptocurrency by market capitalization, has fallen 1.84% to around $61,940. Meanwhile, Ether ETH $3,168 ,the second-largest crypto, has underperformed Bitcoin and the rest of the market, dipping 3.28% to trade around $3,155 on the same day.
Need to read full story click on link https://cointelegraph.com/news/why-is-the-crypto-market-down-today