Due to the BTC dump, Binance liquidated a long position of 3 | Nuice Finance on Binance Square

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Due to the BTC dump, Binance liquidated a long position of 30 million USD. BTC experienced a significant drop due to the bankruptcy of First Republic Bank.
Will BTC return to 60k? Only Powell knows.
$BTC $BNB 

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🚀🚀🌕🌕Visa and Allium Labs revealed that only 10% of stablecoin transactions in April were genuine. Out of a total of $2.2 trillion in transactions throughout April, only $149 billion represented organic payments. This analysis used a specific method that excluded transactions by bots and large traders to focus solely on the activities of genuine users using stablecoins for buying and selling goods. It is important to note that the use of stablecoins in the payment industry is still in its early stages. Pranav Sood, Executive General Manager for EMEA at Airwallex, commented on these findings. "Stablecoins are still in the early stages of their evolution as a payment instrument. This does not mean they do not have long-term potential, as I believe they do. However, the short and medium-term focus needs to ensure that existing pathways function better," said Sood. $ENA $PENDLE $GALA #binance #stablecoin #news

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🚀🚀Alt season is coming🚀🚀. The two main coins we recommend accumulating are $PENDLE and $ENA . Pendle coin continues to grow with DeFi offering the highest APY currently, and Ena is steadily growing with surprises soon to be announced by the developers. #ENAcoin #ENAAnalysis #PendleDeFi #PENDLE

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$PENDLE coin is a ferrari for the price of a tractor🚀🚀🌕🌕 Our crypto investment managers value it by its coin supply, market cap, and ecosystem. Pendle has a fair valuation of $30 per coin. We have accumulated Pendle at an average of $4.21 for 33% of our total alt coin portfolio allocation. #Binance #Pump #PendleDeFi #PENDLE

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📢📢 3 coins we collected this month🚀🚀 $ENA We are collecting ena coins as we utilise the earnings from pendle, we have chosen to contribute long term to ethena. $PENDLE Looking at the tokenomic of pendle with the amount of supply and price of the coin and its ecosystem. We see pendle as a ferrari car but at a tractor price. $MANTA We speculate a bit on manta, but we believe manta will surge during alt season. Crypto alt coin portfolio Ena: 9% Manta 3% Pendle: 33% Others 55 #PENDLE #MantaNetwork #bitcoin #ENAAnalysis #ENAcoin

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Bitcoin has corrected from $73,000 to $60,000 currently, after experiencing a surge from $24,000 since October 2023 until reaching its peak at $73,000. In this situation, we understand well if many novice crypto investors are panicking or worrying, perhaps because their perspective is limited to a 5 to 15-minute timeframe. Try to see the bigger picture. Bitcoin has only corrected to $60,000 over the course of 5 weeks. Even if BTC were to fall back to $50,000, this would still be considered a healthy correction. So, understand the overall trend, and you will understand why institutions, including ours, choose to invest in Bitcoin. $BTC #bitcoin #HKETF #btcdump

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