#Write2Earn! #BinanceTurns7 #btc $BTC
September Must-Sees: 5 Cryptocurrencies on Sale That May Profits
If you ask me what my favorite cryptocurrencies are on sale this September, I'll tell you the truth: BUT I WARN YOU, IT WILL SOUND VERY BORING. If you go on a treasure hunt with your pickaxe on your shoulder digging holes in the ground, it's very likely that there won't be anything to dig here, although let me warn you, many times the real TREASURE is RIGHT IN FRONT OF YOU.
So this is my list and over time maybe 2 cryptos will remain, the first is elemental my dear Watson, a gem as old as gold itself, coming from the foundation of technology like gold from the oldest lands. The second comes with a great promise and is to put the great players to bat. The third, although it may seem untrue, has made me win and still has the possibility of enhancing what it promises to be. The fourth is also elemental, knowing how to play with it, invest in it at the right times and maintain it, you can have constant returns at different times. And the last is a small gem that has become a big one and we have all seen it grow and I don't think it will stop now. I missed one but I'll leave it to your imagination.
Without further ado, here is my little Top list to make the most of this bloody September:
1. Bitcoin
#BTC☀ continues to lead the market with a market cap of $1.2 trillion and an annual return of 128%. Its robust blockchain and exponential increase in value from approximately $500 in May 2016 to around $59,125 in September 2024 demonstrate its dominant position.
Price Trends: Trading at 56K, expecting a drop to 53,600k and although many anticipate a drop to 41k, or the beginning of the new bear market cycle, I am sorry to disappoint you, as it may be a good opportunity to activate the#DCAand start scheduled purchases or simply buy at lower prices and not regret it later when the market is back at the top.
Forecasts: Bitcoin has been moving within a range in a bull market context, which according to Dow Theory is considered to be in aconsolidation periodThis means that although the overall trend remains bullish, prices experience sideways movements, i.e. they fail to establish new significant highs for a while.

Theory suggests that these ranges can be healthy, as they allow the market to "recharge" before continuing its ascent.
2. Chainlink (LINK)
Project details: Chainlink is a decentralized oracle network that allows smart contracts on the blockchain to interact with real-world data. Its technology is fundamental to connecting blockchain with external data, enabling a wide range of applications from decentralized finance (DeFi) to insurance and gaming.
Price Trends: As of mid-September 2024, LINK is currently trading around $10. Due to the increasing adoption of oracle technology and its integration into multiple DeFi platforms, the price of LINK is expected to continue on an upward trend, with projections suggesting it could reach $15 in the coming months.
Forecast: The crypto community is optimistic about the future of Chainlink. The growing need for reliable data and the expansion of oracle solutions in new projects will boost demand for LINK, consolidating its position in the market.
3. SEI Network (SEI)
Project Details: SEI Network is a Layer 1 blockchain designed specifically for digital asset trading. It focuses on providing an optimized trading environment, with features such as high-speed order execution and support for multiple asset pairs, making it attractive for traders and exchanges.
Price Trends: Currently, SEI is trading around $0.35. With the increasing interest in decentralized trading platforms and SEI’s ability to handle transactions efficiently, the price could rise to $0.60 in the near term.
Forecast: Significant growth is expected for SEI, especially if it manages to attract more users and trading platforms. Its focus on efficiency and speed could position it as a preferred choice among traders, which in turn would boost demand for the SEI token.
4. Binance Coin (BNB)
Project details: BNB is Binance's native token, with unprecedented utility, it is used to pay transaction fees on the exchange as well as in the Web3 wallet and to participate in initial exchange offerings (IEOs), airdrops, megadrops, as well as platforms for launching new tokens and in each event its price increases.
Price Trends: After a significant drop to $400, a recovery around $600 is expected. It is estimated to reach $470-$457 in the short and medium term. Then it will return to $536.
Forecast: BNB is expected to remain a valuable asset, especially with upcoming Binance launches, projects, and events.
5. Solana (SUN)
Project Details: Solana is a high-speed, low-cost platform for dApps, with its hybrid proof-of-stake and proof-of-history system for fast and secure transactions, powering decentralized finance (DeFi), decentralized applications (DApps), and smart contracts.
Despite the fierce competition from BNB and Ton token launch platforms, it is expected to maintain sustained growth due to its versatility and adoption in different areas of the market.
Price Trends: SOL is currently trading around $128. With the growing interest in its ecosystem and the launch of new projects, it could reach $180-$200 in the medium term. Like BTC, it is in a period of consolidation, a healthy and preliminary stage before reaching such prices again.
Forecasts: Many have taken this break from Solana the wrong way, believing that Ton has stolen the spotlight from it, and it may be that, in any case, the reasons for investing in a certain crypto are based on personal criteria, however, it is necessary to analyze what is behind each project to verify its sustainability over time, because I consider that each investor wants to have only the best in their portfolio.
However, applying Paretto's theory to investments reminds us that 80% of your profitability is in 20% of what you do or have, which indicates that of all the cryptos that you like or hear about or believe can give you profits, only a couple of them are the ones that will make your portfolio grow in profits and your job is to know which ones they are or what of what you do is what makes or will make you profitable.
If you got this far, I leave you with this great quote from David Einhorn (a statesman): The best investment opportunities are often found in places where others fear to look.

These are times of reading.
$SOL
$BNB

#Binance #BTC #bitcoin
Indian regulators to clear offshore crypto exchanges after strict AML review
India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws.
The development comes as the FIU continues to assess requests from four exchanges previously banned for non-compliance with India’s stringent AML regulations.
The FIU, responsible for ensuring financial institutions adhere to AML standards, had earlier granted approvals to Binance and KuCoin after these platforms were initially blocked for failing to meet compliance standards.
According to sources familiar with the matter, the FIU is now reviewing four new requests. At least two exchanges are expected to be cleared following a comprehensive review process that includes assessments of transaction transparency and suspicious transaction reporting (STR).
While the names of the exchanges under review were not disclosed, the FIU emphasized that compliance with Indian financial regulations remains a top priority.
The agency plans to impose penalties where necessary, similar to the $2 million fine levied on Binance earlier this year before the exchange was allowed to re-enter the Indian market.
The Indian government’s stance on cryptocurrencies has evolved in recent years, with a focus on balancing innovation with financial security.
In April 2022, India introduced a 30% tax on crypto gains and a 1% tax deducted at the source (TDS) on every crypto transaction as part of its efforts to monitor the flow of digital currencies and combat illicit activities such as money laundering and terrorism financing.
India’s crypto industry has been under close scrutiny by regulators, who aim to foster a more transparent ecosystem while mitigating the risks associated with the largely unregulated digital asset space.
The upcoming approvals for additional offshore exchanges could increase competition within the domestic market, offering Indian investors more trading options and potentially enhancing liquidity.
Additionally, the Department of Economic Affairs (DEA) is expected to release a consultation paper on crypto legislation by October. This paper will seek input from industry stakeholders and will likely play a crucial role in shaping India’s long-term regulatory framework for digital assets.

Binance Did Not Freeze Palestinian Crypto Wallets, Claims CEO Teng
Richard Teng has dismissed allegations made by Ray Youssef, founder of the peer-to-peer Bitcoin (BTC) trading platform NoOnes, that the crypto exchange froze Palestinian assets on the exchange at the request of Israeli authorities.
The controversy started following Youssef’s August 26 message on X, where he accused Binance of complying with directives to freeze accounts connected to Palestinian users.
Teng Dismisses Assertions as “FUD,” Youssef Fires Back
Teng responded to these claims in an August 28 X post where he described the claims as “FUD,” an acronym for fear, uncertainty, and doubt. Furthermore, he said that only a limited number of accounts were blocked from transacting, and all of them were linked to illicit funds.
The Binance CEO noted that some statements made about the situation were inaccurate and emphasized that, as a global crypto exchange, his company adheres to internationally accepted anti-money laundering regulations, similar to other financial institutions.
The post also expressed his desire for peace, “Most importantly, we hope for a lasting peace throughout the region.”
However, Youssef responded to Teng’s statement, condemning it as an attempt to downplay the situation. “This whitewashed gibberish will not work and only makes you look worse,”  he retorted.
The NoOnes founder accused Binance of giving in to pressure from authorities, suggesting that the company “has no choice” but to comply due to the influence he alleges Israel holds over global financial and media structures.
“Yes, the Israelis wield tremendous power, they control the world’s mightiest nation, the U.S. and the entire financial and media structures of the world,” he claimed.
The Allegations
Youssef’s original post included a letter in Hebrew purportedly from Paul Landes, head of Israel’s National Bureau for Counter Terror Financing, along with a translation.
It rejected an appeal against a seizure order dating back to November 1, 2023, and indicated that funds had been transferred from the Dubai Exchange Company in Gaza to various crypto wallets, though it did not specify the recipients.
The document linked the seized funds to organizations labeled as terrorists by the country’s Minister of Defense in 2022, including the aforementioned Dubai Exchange Company.
According to Youssef, the actions to freeze certain Palestinian accounts by the world’s largest crypto exchange followed an order from Israeli authorities, who claimed the funds were being used to finance organizations considered terrorist entities under the country’s anti-terrorism laws.
The post Binance Did Not Freeze Palestinian Crypto Wallets, Claims CEO Teng appeared first on CryptoPotato.#Binance #bitcoin #BTC $BNB $BTC

Bitcoin Slips Below $59K Amid ETF Outflows and Waning Demand; Retail Investors Show Uptick
According to CoinDesk: Bitcoin's price dipped below $59,000 on Friday, marking a weekly loss of over 3.5%, as demand for the cryptocurrency wanes and exchange-traded funds (ETFs) see continued net outflows. The decline comes amid signs of reduced institutional interest, with U.S.-listed BTC ETFs recording $71 million in net outflows on Thursday, marking the third consecutive day of withdrawals, according to data from SoSoValue.
The largest withdrawals were seen in Fidelity’s FBTC, which lost $31 million, and Grayscale’s GBTC, which saw outflows of $22 million. Notably, BlackRock’s iShares Bitcoin Trust (IBIT), the world’s largest bitcoin fund by assets under management, recorded its second-ever outflow, totaling $13 million. This shift indicates a move away from bitcoin by professional funds.
Despite the overall decline, there are signs of increased interest from U.S. retail investors. On-chain analytics firm CryptoQuant reported an uptick in bitcoin price premiums on Coinbase, reaching the highest level since July. Additionally, bitcoin inflows from international exchanges to Coinbase have increased, suggesting higher demand from U.S. investors—a condition historically associated with price gains.
 
Traders are bracing for increased volatility in the coming weeks, particularly after Labor Day, as economic reports and political developments are expected to influence market movements. The past week has seen bitcoin trading largely sideways, despite positive signals such as potential rate cuts and endorsements from political figures like Donald Trump.
"Crypto had an uneventful week as BTC and ETH hovered around +/- 1.5% compared to last week's levels. ETF inflows remain subdued," Augustine Fan, head of insights at SOFA, noted in a weekly client update. Fan anticipates that market activity will pick up following the release of the U.S. non-farm payroll report and other key economic indicators.
QCP Capital, a Singapore-based trading firm, echoed this sentiment, predicting choppy price action in the short term. "Risk reversals until October are still skewed towards puts in both BTC and ETH, indicating that the market remains cautious about the downside," QCP said in a Telegram broadcast.
The Federal Reserve's anticipated pivot towards lower borrowing costs next month has historically bolstered bullish sentiment, as cheaper access to capital often drives growth in riskier assets. However, in the absence of immediate catalysts, prices are expected to remain within a tight range as September approaches.
The current market environment reflects a cautious outlook, with traders positioning themselves for potential rate cuts by the Fed. As the cryptocurrency market enters a traditionally volatile period, all eyes will be on how these dynamics play out in the weeks ahead.#BTC $USDC
$SOL
$BTC
#Binance