BusinessStrategy
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1st December I'm very excited to see BTC 40k ..🥅 .....🏀
#BinanceTournament #BinanceTrends #BusinessStrategy
#BinanceTournament #BinanceTrends #BusinessStrategy
Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk
In a move to further enhance security and reduce counterparty risk, Binance has announced a new third-party banking agreement. This agreement will allow Binance to partner with reputable financial institutions to provide users with a more secure and streamlined way to deposit and withdraw funds.
What is counterparty risk?
Counterparty risk is the risk that the other party to a transaction will not fulfill their obligations. For example, if you trade cryptocurrencies with another person, there is a risk that they will not send you the cryptocurrency that you agreed to buy.
How does the new banking agreement reduce counterparty risk?
The new banking agreement will reduce counterparty risk by allowing Binance to hold user funds in insured bank accounts. This means that if a bank fails, Binance users will still be able to access their funds.
In addition, the new banking agreement will allow Binance to verify the identity of its users. This will help to prevent fraud and money laundering.
What are the benefits of the new banking agreement?
The new banking agreement will provide a number of benefits to Binance users, including:
Increased security
Reduced counterparty risk
More streamlined deposits and withdrawals
What are the next steps?
Binance is currently working with its partners to finalize the details of the new banking agreement. The agreement is expected to be rolled out in phases, starting with a select group of users.
Overall, the new banking agreement is a positive step for Binance and its users. The agreement will help to further enhance security and reduce counterparty risk.
In addition to the above, here are some additional details about the new banking agreement:
The agreement will initially cover a limited number of countries.
Binance will gradually expand the coverage of the agreement to other countries.
Users will be able to choose to use the new banking agreement or not.
#BinanceTrends
#BusinessStrategy
In a move to further enhance security and reduce counterparty risk, Binance has announced a new third-party banking agreement. This agreement will allow Binance to partner with reputable financial institutions to provide users with a more secure and streamlined way to deposit and withdraw funds.
What is counterparty risk?
Counterparty risk is the risk that the other party to a transaction will not fulfill their obligations. For example, if you trade cryptocurrencies with another person, there is a risk that they will not send you the cryptocurrency that you agreed to buy.
How does the new banking agreement reduce counterparty risk?
The new banking agreement will reduce counterparty risk by allowing Binance to hold user funds in insured bank accounts. This means that if a bank fails, Binance users will still be able to access their funds.
In addition, the new banking agreement will allow Binance to verify the identity of its users. This will help to prevent fraud and money laundering.
What are the benefits of the new banking agreement?
The new banking agreement will provide a number of benefits to Binance users, including:
Increased security
Reduced counterparty risk
More streamlined deposits and withdrawals
What are the next steps?
Binance is currently working with its partners to finalize the details of the new banking agreement. The agreement is expected to be rolled out in phases, starting with a select group of users.
Overall, the new banking agreement is a positive step for Binance and its users. The agreement will help to further enhance security and reduce counterparty risk.
In addition to the above, here are some additional details about the new banking agreement:
The agreement will initially cover a limited number of countries.
Binance will gradually expand the coverage of the agreement to other countries.
Users will be able to choose to use the new banking agreement or not.
#BinanceTrends
#BusinessStrategy
DID YOU KNOW? 😳
Whisky is now purchasable through NFTs! The Glenlivet Company decided to innovate its business model by selling precious bottles of whisky through NFTs. The reason comes from the utility of NFTs which combine the physical product with a digital certificate of ownership and authenticity. That ensures exclusivity and provenance.
This strategic decision will reach more customers worldwide. Collectors can purchase the NFTs in advance, reserving the physical bottle for themselves or exchanging it later!
#NFTs. #nftcommunity #EthereumAirdrop #techinnovation #BusinessStrategy
Whisky is now purchasable through NFTs! The Glenlivet Company decided to innovate its business model by selling precious bottles of whisky through NFTs. The reason comes from the utility of NFTs which combine the physical product with a digital certificate of ownership and authenticity. That ensures exclusivity and provenance.
This strategic decision will reach more customers worldwide. Collectors can purchase the NFTs in advance, reserving the physical bottle for themselves or exchanging it later!
#NFTs. #nftcommunity #EthereumAirdrop #techinnovation #BusinessStrategy
🚨🚀 Why Is Today's Crypto Market Up? These Are The Main Rally Catalysts
After experiencing a sharp decline earlier in the week that had its value down near $40,000, Bitcoin has surprised observers by making a quick recovery.
It not only made up for its losses by Wednesday, but it had also surpassed $43,000.The recent statement by the U.S. Federal Reserve, which opted to retain its interest rate within the range of 5.25% and 5.50% on Wednesday, is a major factor behind the spike in bitcoin prices. The present range of the Fed funds rate was left intact, however they reduced their forecast for the end of 2024 from 5.1% to 4.6%.
Bitcoin Mining Difficulty Drops
The notable 0.96% fall in Bitcoin's difficulty at block height 820,512—the first decline in the previous six adjustments—was another driver of the cryptocurrency market's rise.
As for the difficulty, it will remain at 67.31 trillion for the next twelve days, or until December 23, 2023. The process of locating a block reward is made easier for miners by this drop, but the hashrate has not increased right away.
Simultaneously, the anticipation of the adoption of the Spot Bitcoin ETF and the impending April halving event loom large, both of which will further restrict the amount of Bitcoin available to prospective investors and will probably drive prices higher.
#BTC.price.surpassed #BTC #BinanceTournament #btcnews99 #BusinessStrategy
After experiencing a sharp decline earlier in the week that had its value down near $40,000, Bitcoin has surprised observers by making a quick recovery.
It not only made up for its losses by Wednesday, but it had also surpassed $43,000.The recent statement by the U.S. Federal Reserve, which opted to retain its interest rate within the range of 5.25% and 5.50% on Wednesday, is a major factor behind the spike in bitcoin prices. The present range of the Fed funds rate was left intact, however they reduced their forecast for the end of 2024 from 5.1% to 4.6%.
Bitcoin Mining Difficulty Drops
The notable 0.96% fall in Bitcoin's difficulty at block height 820,512—the first decline in the previous six adjustments—was another driver of the cryptocurrency market's rise.
As for the difficulty, it will remain at 67.31 trillion for the next twelve days, or until December 23, 2023. The process of locating a block reward is made easier for miners by this drop, but the hashrate has not increased right away.
Simultaneously, the anticipation of the adoption of the Spot Bitcoin ETF and the impending April halving event loom large, both of which will further restrict the amount of Bitcoin available to prospective investors and will probably drive prices higher.
#BTC.price.surpassed #BTC #BinanceTournament #btcnews99 #BusinessStrategy
#farming
i don't time to explain n deep , simply bnb price goes and people you got coin by staking. but after finishing actually you are in loss because you bought bnb on high and will sold in low. . . understand😉
#BinanceLaunchpool
#🚩
#bearishmomentum.
#BusinessStrategy
i don't time to explain n deep , simply bnb price goes and people you got coin by staking. but after finishing actually you are in loss because you bought bnb on high and will sold in low. . . understand😉
#BinanceLaunchpool
#🚩
#bearishmomentum.
#BusinessStrategy
Web3 business model mistake?
Counting tokens as revenue.
Not making any real $$$.
Let me explain:
– You acquire $1MM in tokens via utilities and realize it as "Revenue"
Technically, it's revenue, but it's not dollars.
That $1MM?
Try selling it on the DEX and check your chart.
Try selling it on the CEX and check your chart.
No liquidity in the pool? You're SOL.
Don't end up token-rich and cash-poor!
When you end up with a ton of tokens...
...but no dollars–it's game over!
I've been there, done that 😂
#WIF #BusinessStrategy #web3crypto #founder
Counting tokens as revenue.
Not making any real $$$.
Let me explain:
– You acquire $1MM in tokens via utilities and realize it as "Revenue"
Technically, it's revenue, but it's not dollars.
That $1MM?
Try selling it on the DEX and check your chart.
Try selling it on the CEX and check your chart.
No liquidity in the pool? You're SOL.
Don't end up token-rich and cash-poor!
When you end up with a ton of tokens...
...but no dollars–it's game over!
I've been there, done that 😂
#WIF #BusinessStrategy #web3crypto #founder
#Bonk will start soon soaring don’t panic and don’t sell have patience unless you don’t book 50X profit .
#BusinessStrategy
#BusinessStrategy
Bitcoin reaches new high as price surges past $70,000, investors advised to monitor key levels for potential fluctuations.
#Bitcoin #BTC #Crypto #eth #stockmarket #stocks #news #today #finance #BusinessStrategy #HotTrends #cpi #BTC
#Bitcoin #BTC #Crypto #eth #stockmarket #stocks #news #today #finance #BusinessStrategy #HotTrends #cpi #BTC
