,🔥🔥Breaking News: Australia's First Spot Bitcoin ETF Launches Tomorrow! 🇦🇺💥 Australia is making history with its first spot Bitcoin ETF going live tomorrow! Are you ready for this game-changer in the crypto world? This could be your golden opportunity to get in on the action and ride the Bitcoin wave. 🌊💰 Stay tuned and make sure you're prepared! This could be the start of something big. 📈✨ #MbeyaconsciousComunity #btc70k $BTC $NOT $PEPE #BTC☀ 68,907.09 +2.1% #NOT🔥🔥🔥 0.021176 +8.4% #pepe⚡ 0.00001519 +4.04%
$NOT is showing great strength, looking more robust than ever! We have solid support at $0.02, and we're optimistic about hitting our target of $0.053, especially with the bullish trend of $TON . Bitcoin is expected to continue its positive momentum. We've previously experienced a 640% profit increase on it.
The global cryptocurrency market cap now stands at $2.60T, up by 0.06% over the last day, according to #CoinMarketCap data. Bitcoin (BTC) has been trading between $66,312 and $70,096 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,161, down by -3.67%. Most major #cryptocurrencies by market cap are trading lower. Market outperformers include AUDIO, PEOPLE, and OGN, up by 51%, 21%, and 16%, respectively. Top stories of the day: Bank of America: Cryptocurrency Funds Draw Fifth-Largest Inflows on Record European Stocks Dip Amid Uncertainty Over Fed's Capacity to Reduce Rates High Correlation Between CME Ethereum Futures and Spot Trading Drives Ethereum Spot ETF, Reveals SEC Documents Polymarket Faces Controversy Over 'Approved' Verdict on $13M Ethereum ETF Bet Spot Ethereum ETF Expected To Be Listed In July Or August BlackRock's Ethereum ETF Listed on DTCC Website Spot ETH ETF Decision Leads to $350M Liquidations Amidst Wild Crypto Price Fluctuations SEC Approves 19B-4 Form for Spot Ethereum ETF, Official Trading Time to Be Determined US House of Representatives Passes Bill Prohibiting Federal Reserve from Creating Central Bank Digital Currency US Dollar Index Continues to Rise, Federal Reserve's First Rate Cut Expected in December Market movers: $ETH ETH: $3663.15 (-4.49%) $BNB BNB: $594.3 (-3.38%) $SOL SOL: $164.85 (-7.03%) XRP: $0.5241 (-0.83%) DOGE: $0.15795 (-5.82%) ADA: $0.4593 (-5.04%) AVAX: $37.29 (-6.40%) SHIB: $0.00002385 (-6.40%) WBTC: $67047.81 (-4.00%) DOT: $7.144 (-5.59%) Top gainers on Binance: AUDIO/USDT (+51%) PEOPLE/USDT (+21%) OGN/USDT (+16%)
👉 Now isn't the ideal time to hold $NOT . Both technical and fundamental indicators suggest caution. There are currently no strong reasons to support holding this coin.
👉 $NOT could potentially decline another 30% before finding stability, a process that might take up to a year.
👉 However, long-term investors might consider adding $NOT to their portfolio, provided it doesn't impact essential expenses.
$BNB 🔥🔥🔥🔥Cryptocurrency Mining and Unstable Rainfall Challenge Laos' Power Supply🔥🔥🔥🔥
According to Odaily, Somboun Sangxayarath, an advisor to the state-owned Electricite du Laos (EDL), has stated that the country's power demand has increased due to cryptocurrency mining and unstable rainfall, leading to power shortages. This indicates that Laos' prospects as a hydropower exporter in Southeast Asia are facing challenges. Laos, known as the 'battery' of Southeast Asia due to its hydropower export potential, provides the cheapest and most stable clean energy, which is crucial for the Southeast Asian region striving to expand solar and wind energy scales for decarbonization. Sangxayarath mentioned that the policy of establishing data centers in 2021 led to the boom of cryptocurrency mining business, which currently accounts for more than a third of Laos' power demand. Reduced rainfall has suppressed hydropower output, leading to power outages. Over the past decade, hydropower has accounted for 80% of Laos' power generation, most of which is sold by independent power producers through cross-border transactions with Thailand and Vietnam. Sangxayarath added that in the domestic market, EDL is the power supplier and has become a net importer since 2021, requiring up to 600 megawatts (MW) of additional capacity during peak demand periods, which has more than doubled the company's costs. Last year, Laos stated that it would not supply power to cryptocurrency projects that have not yet started operations. Although this order is still in effect, Sangxayarath said that it is still actively considering new investment proposals and seeking to increase power supply.
Ethereum(ETH) Surpasses 3,100 USDT with a 4.91% Increase in 24 Hours
On May 17, 2024, 15:28 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,100 USDT benchmark and is now trading at 3,100.449951 USDT, with a 4.91% increase in 24 hours. for more updates keep following
,,🔥NEW🔥 US Senator Cynthia Lummis Advocates for Bitcoin Legislation
According to CryptoPotato, U.S. Senator Cynthia Lummis has shown her support for Bitcoin legislation by posting 'Bitcoin laser eyes' on social media. This comes after the Senate passed H.J.Res. 109, a legislation aiming to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. Senator Lummis, who represents Wyoming, is a known advocate for Bitcoin, viewing it as a reliable store of value and a protection against inflation. As a member of the Senate Banking Committee, she is pushing for a regulatory framework that encourages crypto innovation while protecting consumers. The Senate recently passed legislation aimed at dismantling SAB 121, which imposes strict restrictions on financial institutions, preventing them from acting as custodians for digital assets like Bitcoin. H.J.Res. 109, under the Congressional Review Act, seeks to remove these barriers, allowing regulated financial firms to provide custody services for cryptocurrencies. Before the legislation was passed, Senator Lummis expressed her support for overturning SAB 121, criticizing it as a rule disguised as accounting guidance, implemented by SEC staff without majority commission approval. Senator Lummis, along with Senator Ron Wyden of Oregon, recently wrote a letter to U.S. Attorney General Merrick Garland expressing concerns over the perceived divergence in the Department of Justice’s interpretation of 'money transmission' regulations. They argued that this deviation from FinCEN’s established definition could criminalize fundamental aspects of crypto networks, affecting responsible financial innovation in the U.S. However, the White House has expressed its opposition to the passed legislation. A recent statement indicated that President Biden would veto the bill if it reached his desk, arguing that overturning SAB 121 would undermine the SEC’s efforts to protect investors in the crypto-asset markets and safeguard the broader financial system.
for more updates keep following #BTC☀️ $BTC $ETH $
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce that Notcoin (NOT) has been added to Binance Simple Earn, "Buy Crypto", and Binance Convert. In addition, Binance will add NOT on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-05-16 14:00 (UTC), 2024-05-16 14:00 (UTC) and 2024-05-20 10:00 (UTC) respectively.
Earn
Users can now subscribe to NOT Flexible Products on Binance Simple Earn.
From 2024-05-20 at 10:00 (UTC), users may purchase NOT using any of the payment options supported on Binance Auto-Invest.
Buy & Sell Crypto
Users may now buy NOT directly with their credit/debit cards, Google Pay, Apple Pay, or buy and sell NOT directly with their available wallet balances at the “Buy Crypto” page.
Convert
Users can now trade NOT against BTC, USDT and any other tokens supported by Binance Convert at zero fees.
Margin
Binance Margin will add NOT as a new borrowable asset on Cross and Isolated Margin, as well as the NOT/USDT pair on Cross and Isolated Margin at 2024-05-16 14:00 (UTC).
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.
Futures
Binance Futures will launch the USDⓈ-M NOT Perpetual Contract at 2024-05-16 14:00 (UTC), with up to 50x leverage
Binance Will Support the Chiliz (CHZ) and MultiversX (EGLD) Network Upgrades & Hard Forks
2024-05-17
Fellow Binancians,
Binance will support the Chiliz (CHZ) and MultiversX (EGLD) network upgrades and hard forks to ensure the best user experience.
The Chiliz (CHZ) network upgrade and hard fork will take place at the block height of 13,189,711, or approximately at 2024-05-20 07:00 (UTC). Binance will suspend the deposits and withdrawals of token(s) on the Chiliz (CHZ) network starting from approximately 2024-05-20 06:00 (UTC).
The MultiversX (EGLD) network upgrade will take place at 2024-05-21 16:20 (UTC). Binance will suspend the deposits and withdrawals of token(s) on the MultiversX (EGLD) network starting from approximately 2024-05-21 15:20 (UTC)
$BNB 💥Bitcoin Starts to Rise According to Data!💥 *Macro investor and fund manager Dan Tapiero predicts that #Bitcoin is poised to reach an all-time high (ATH). *Popular analyst Credible Crypto also believes that Bitcoin's price is ready to make a significant jump. *Both experts predict a bullish trend for Bitcoin; Tapiero estimates that the price may exceed $90,000.
#BITCOINUSD Bitcoin is poised to hit an all-time high, according to predictions from macro trader Dan Tapiero and analyst Credible Crypto. Experts expect an uptrend with the potential for a significant price increase. #Bitcoin is oscillating in a narrow range after losing momentum. However, macro investor and fund manager Dan Tapiero suggests that Bitcoin is poised to reach an all-time high. The CEO of investment firm 10T Holdings believes it is critical for Bitcoin to surpass the $65,000 level; This represents an increase of more than 45% from its current value. Tapiero predicts a 'scary rise' for Bitcoin and predicts that the price could rise to $90,000 and above. According to Tapiero's analysis,#Bitcoin is about to complete the bull flag formation, which is a short period of downside consolidation before culminating in an upside breakout after a long bull trend. Tapiero suggests that the Federal Reserve will lower interest rates this year due to weakness in commercial real estate, which could lead to greater growth in the digital asset ecosystem. He predicts a 'super bull' and 'on-chain spring' is on the horizon for Gold, @BTC and #ethirum Popular crypto analyst Credible Crypto also expects a significant jump for Bitcoin. It suggests that Bitcoin could soon regain the $68,000 level. According to his analysis, Bitcoin is likely to rise steeply towards the $68,000 resistance before falling below $60,000. $BTC $ETH
@Ethereum $2,916.4 +0.34% @BNB $569.3 -2.83% The global cryptocurrency market cap now stands at $2.27T, down by -1.89% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $61,143 and $62,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,042, up by 0.25%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include KP3R, FLOKI, and CYBER, up by 16%, 13%, and 8%, respectively. #BTC☀️ #BinanceLaunchpool #ETH_Market_Update #BNB_Market_Update $BTC $ETH $BNB
Introducing the 5th Post & Share event, ALT restaking ecosystem @AltLayer AltLayer (ALT) is a project dedicated to Ethereum scalability, established since the end of 2021. It has assisted over 40 partners in customizing and launching dedicated application chains based on rollup technology. AltLayer has also facilitated projects like Xterio, SWELL, and DODO in deploying Restaked Rollups using advanced re-staking models (also one of the earliest AVS to go live on EigenLayer). ALT users can stake ALT tokens in the main reward pool to earn base rewards. Additionally, they can further delegate ALT tokens to various Launchpool pools through re-staking, thereby qualifying for future rewards from projects such as Xterio, SWELL, and DODO. For more information, please refer to the following announcements: reALT Launches and Upgrades Staking Platform AVS Mainnet Launches XTERIO Launchpool AltLayer Becomes Largest AVS Node on EigenLayer#BinanceLaunchpool #altcoins #altcoinsByZeusInCrypto #ETHETFS #BTC $BTC $ETH $BNB
The launch of Notcoin within the TON ecosystem is indeed generating significant excitement, especially with endorsements from major players like Pantera Capital and Animoca. The anticipated surge reflects growing confidence in TON's meteoric rise, with recent airdrops and endorsements fueling activity. As Notcoin prepares to hit exchanges and attract users through mining games, it's poised to make a substantial impact on the crypto landscape.#BinanceLaunchpool #Notcoin. #not #Ton #TONCOİN
Participate in the #ScamRiskWarning campaign and stand a chance to win up to $500 FDUSD! Share your experiences with crypto scams and provide suggestions for enhancing Binance's risk measures. Posts should be original, detailed, and at least 100 characters long. Winners will be selected based on engagement, with each receiving 125 FDUSD. Make sure your content aligns with the campaign rules. Check Binance's blog for more information on scams and stay updated with @Binance Risk Sniper on Binance Square. Terms and conditions apply.
Saylor predicts that the SEC will categorize numerous altcoins, including BNB, Solana, Cardano, and XRP, as securities, following Ethereum's potential classification as a security rather than a commodity. #altcoins #CryptoWatchMay2024 #BTC #bitcoinhalving #Memecoins $BTC $$ETH $BNB
Bitcoin’s recovery tour continues as the cryptocurrency jumped from under $59,000 yesterday to a multi-day peak of over $63,000 earlier today. Most altcoins have followed suit with impressive gains once again, including the ever-volatile meme coin sector. BTC Goes After $63K Bitcoin had a highly adverse trading week as its price dumped hard on a few occasions. It all started positively on Monday morning when BTC pumped to almost $65,000, but the bears took control of the market immediately and pushed it south to $62,000. The declines were far from over as the asset further slumped to and below $60,000. The correction culminated in a two-month low of $56,500 charted on Wednesday, ahead of the latest US FOMC meeting. Once that was completed and the Fed said it will not raise the interest rates soon, BTC reacted with a $2,000 pump and dump and returned to its starting position. It started to recover more ground in the following hours and neared $60,000 yesterday, as reported. It was stopped there at first, but managed to break through that psychological resistance later that day. The bulls kept the pressure on and pushed BTC to a multi-day peak of $63,500. Despite losing some ground since then, bitcoin currently sits at around $63,000. Its 6% daily increase means that its market cap has risen to $1.240 trillion, while its dominance over the alts stands at 50.5%. $BTC $ETH $SOL #BTC #altcoins
The cryptocurrency #SUI🔥🔥🔥🔥 is facing imminent risk due to a significant unlocking event, causing concern among investors. With 34.62 million tokens set to be released on May 3, worth $39.46 million, representing 1.48% of the circulating supply, the market is on edge about its potential impact on price. This unlocking, occurring amidst a market downturn, poses heightened selling pressure and raises the stakes for SUI holders. If the unlock triggers a downward spiral, SUI could plummet to levels between $1.0077 and $0.6664, with a breach of $0.90 signaling further sell-offs. However, positive developments, like BTC maintaining daily closings above $60,000 or a decrease in BTC dominance, could fuel a resurgence in SUI. In such a scenario, resistance levels to watch would be $1.2808, $1.3632, $1.4504, and $1.5466, with surpassing $1.45 instilling confidence in both investors and the #SUI🔥🔥🔥🔥 ecosystem. for more updates keep following . #SUI🔥🔥🔥🔥 #suiunlock #Suibasecamp $BTC $SOL
$These 3 Altcoins Will Dominate the Bull Season! 1- Ondo (#ONDO ) Ondo (ONDO), one of the stars of the RWA category, almost challenged the decline in Bitcoin. The popular coin, which initially fell to $ 0.576, then hit the gas and reached $ 1,040. Having achieved a performance of 80.42 percent in just three days, ONDO has once again demonstrated both its quality as a project and the RWA trend. For ONDO, who does not pay much attention to the process of decline in cryptocurrencies, the expectation of investors is gradually increasing. 2- Celestia (#TIA ) Celestia (TIA), the pioneer of stakedrop fury, misled many investors even though it was thought to be forgotten. TIA, which has been silent for several weeks with the release of new projects, has put an end to this situation with the latest price move. The popular coin, which was naturally affected by the collapse in BTC, managed to reach $ 11.76 after touching $ 7.30. TIA, which experienced a 61.25 percent increase in total, seems to have re-entered the eyes of airdrop detainees. 3- Render (#RNDR ) Render (RNDR), one of the first names that come to mind when artificial intelligence coins are mentioned, has made its mark on the sector again. The artificial intelligence project, which has spent the bullish season in BTC quite well, has thrown itself to the upper levels by seeing a great demand, even though it has sagged to $ 6 with the recent decline. RNDR, which recorded an increase of 57.81 percent in just a two-day period, showed how important a position it is in the artificial intelligence trend. The popular coin, which makes a difference to a very large part of altcoins, looks like it will live the bull season to the fullest. #altcoins #BlackRock #MicroStrategy #eth #CryptoWatchMay2024 $BTC $ETH $$BNB ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT