DOP war letztlich doch nicht Dope. Verkauft weit unter dem V | CryptoGist24 auf Binance Square

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DOP war letztlich doch nicht Dope. Verkauft weit unter dem Vorverkaufspreis. Was für eine große Enttäuschung.
#BinanceTournament #Megadrop #LayerZero 

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BNB Foundation Announces Completion of 28th Quarterly BNB Token Burn The BNB Foundation has successfully completed the 28th quarterly $BNB token burn on BNB Chain. The latest burn saw 1,643,698.8 BNB removed from circulation, with an approximate value of $971 million at the time of the burn. Key Points: - Total BNB Burned: 1,643,698.8 BNB - Approximate USD Value: $971 million BNB Burn Process Explained: BNB is the native cryptocurrency of the BNB Chain ecosystem, essential for its Web3 applications. It supports transactions on the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield blockchain. In addition to transaction fees, $BNB acts as a governance token, allowing holders to participate in the BNB Chain’s decentralized on-chain governance. Since its mainnet launch on April 18, 2019, BNB transitioned from the Ethereum Network to the BNB Chain, embracing a "Build and Build" philosophy aimed at fostering ecosystem development. The BNB Auto-Burn mechanism is designed to gradually reduce the total supply to 100,000,000 BNB. The burn amount is adjusted based on BNB's price and the number of blocks generated on BSC during the quarter, ensuring both transparency and predictability. This quarterly burn underscores BNB's strategy to enhance scarcity and value within its ecosystem, reaffirming its role as a key asset in the blockchain space. #Biden_Out_BTC_Up #BinanceTournament #bnbburn #BnbAth #BinanceTournament

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Recently, Bitcoin spiked to $70,500 on Bitrue. Such unprecedented spikes on Bitrue occur frequently and are not reflected on other exchanges' charts. When Bitcoin's price pumps significantly on one exchange but remains stable on others, it can be due to several factors: 1. Liquidity Differences: Smaller exchanges with lower trading volumes can experience more significant price fluctuations due to lower liquidity. A large buy order can significantly impact the price on such exchanges. 2. Arbitrage Opportunities: Traders may not have yet exploited price differences between exchanges. Arbitrage involves buying Bitcoin on the exchange where it's cheaper and selling it where it's more expensive, which eventually normalizes the price across exchanges. Delays in executing arbitrage can cause temporary price discrepancies. 3. Geographic or Regulatory Factors: Some exchanges operate in different jurisdictions with distinct regulations, affecting how and when trades are executed. For example, an exchange in a country where Bitcoin demand suddenly spikes due to economic or political events may see a price pump not mirrored globally. 4. Technical Issues: Technical problems like delays in price feed updates or trading halts can cause temporary price anomalies on an exchange. 5. Market Manipulation: On smaller exchanges, it can be easier for large traders or groups to manipulate the price by placing substantial buy or sell orders, temporarily driving the price up or down. 6. News and Announcements: Localized news or announcements can cause price pumps on specific exchanges if the news significantly impacts traders' sentiment in that region. 7. Exchange-Specific Events: Promotions, new coin listings, or other events specific to an exchange can drive up trading volume and prices temporarily. These factors can lead to temporary price disparities that generally even out as traders take advantage of arbitrage opportunities and as liquidity normalizes. #ETH_ETFs_Approval_Predictions #BinanceTournament #US_Job_Market_Slowdown #Mt_Gox_BTC_Dip #MtGoxJulyRepayments

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Is any profit in cryptocurrency satisfactory, even if it could have been more substantial? Recently, Teddi_Speaks on CryptoX shared a case where an individual purchased $EAR tokens for $441 and sold them for $2,180. At the time of reporting, the value of those $EAR tokens had soared to $900,000. How will you feel in this case? #BinanceTurns7 #BinanceTournament #SOFR_Spike #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions

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Total trading volume on centralized exchanges declined by 21.8% in June, marking the third consecutive month of decreasing trading activity since March, according to a report from CC Data. The combined spot and derivatives trading volumes across centralized exchanges reached $4.2 trillion in June, a significant drop from the peak of $9 trillion in March. The report pointed to a sharp decline in open interest on derivatives exchanges as a key factor for the noticeable decrease in trading volume. In June, open interest on derivatives exchanges fell by 9.67% to $47.11 billion. This downward trend continued into July, with Coinbase, a leading centralized exchange, experiencing a substantial drop in open interest by 52.1% to $18.2 million. The report attributed the decline in open interest to a decrease in crypto prices, driven by significant selling pressure in the market. #BinanceTournament #BinanceTurns7 #SOFR_Spike #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments

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Optimism $OP could do a 10× gain from it's current price today. Optimism Network has experienced a significant decline in user activity and transaction volume. Network fees and revenue have dropped by 65% due to decreased user engagement. However, the overall market rally has helped mitigate further damage.On a one-hour timeframe, the price of $OP has steadily declined from $4.80 to about $2 over the past four months. When viewed on a monthly timeframe, the price has dropped to around $1.20 in July. This isn't the first time $OP has reached this level; nine months ago, in October 2023, it fell to nearly $1 and was trading around $1.20. Five months later, in February 2024, it surged to $4.80, marking an almost 500% increase. Initially launched in 2022, OP was trading well below $1 but surged to $3.29 (~300% profit ) by February 2023. Given its price history, OP could potentially rise back to $4 from its current price of about $2, representing a 100% increase. In the longer term, and at the peak of a bull run, OP could potentially reach $10, which would be a 5x increase from its current price. As always, do your own research (DYOR) before deciding to invest. #ETH_ETF_Approval_23July #US_Job_Market_Slowdown #VanEck_SOL_ETFS #BinanceTournament #ETH_ETFs_Approval_Predictions

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