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The Future of DeFi Decentralized finance (DeFi) is a new and rapidly evolving financial system that is built on blockchain technology. DeFi applications allow users to lend, borrow, trade, and invest without the need for central intermediaries such as banks and brokers.DeFi is still in its early stages of development, but it has the potential to revolutionize the financial industry. Here are some of the ways that DeFi could shape the future of finance:More accessible financial services: DeFi can make financial services more accessible to people around the world, regardless of their location or financial status. For example, DeFi lending protocols allow anyone to borrow money without the need for a credit check.Lower fees: DeFi applications typically have lower fees than traditional financial institutions. This is because DeFi applications are decentralized and do not need to pay for the same overhead costs.More innovative products and services: DeFi developers are constantly innovating and creating new products and services. For example, DeFi yield aggregators allow users to earn higher yields on their crypto investments.Here are some specific examples of how DeFi could be used in the future:Decentralized banking: DeFi could be used to create a decentralized banking system that is more accessible and affordable than traditional banking. For example, DeFi savings accounts could offer higher interest rates and fewer fees than traditional savings accounts.Decentralized lending and borrowing: DeFi could be used to create decentralized lending and borrowing platforms that are more accessible and efficient than traditional lending and borrowing markets. For example, DeFi lending platforms could allow people to borrow money without the need for a credit check.Decentralized investing: DeFi could be used to create decentralized investment platforms that allow people to invest in a variety of assets, including stocks, bonds, and commodities. For example, DeFi decentralized exchanges could allow people to trade assets without the need for a central broker.However, there are also some challenges that need to be addressed before DeFi can reach its full potential. These challenges include:Security: DeFi applications are still relatively new and untested, and there have been a number of high-profile security breaches. DeFi developers need to work to improve the security of their applications.Regulation: DeFi is largely unregulated, which can make it difficult for users to protect themselves from fraud and scams. Regulators need to develop clear and fair regulations for DeFi.User experience: DeFi applications can be complex and difficult to use. DeFi developers need to work to improve the user experience of their applications.Despite these challenges, the future of DeFi is bright. DeFi has the potential to revolutionize the financial industry and make financial services more accessible, affordable, and innovative.#TheFutureofDeFi

The Future of DeFi

Decentralized finance (DeFi) is a new and rapidly evolving financial system that is built on blockchain technology. DeFi applications allow users to lend, borrow, trade, and invest without the need for central intermediaries such as banks and brokers.DeFi is still in its early stages of development, but it has the potential to revolutionize the financial industry. Here are some of the ways that DeFi could shape the future of finance:More accessible financial services: DeFi can make financial services more accessible to people around the world, regardless of their location or financial status. For example, DeFi lending protocols allow anyone to borrow money without the need for a credit check.Lower fees: DeFi applications typically have lower fees than traditional financial institutions. This is because DeFi applications are decentralized and do not need to pay for the same overhead costs.More innovative products and services: DeFi developers are constantly innovating and creating new products and services. For example, DeFi yield aggregators allow users to earn higher yields on their crypto investments.Here are some specific examples of how DeFi could be used in the future:Decentralized banking: DeFi could be used to create a decentralized banking system that is more accessible and affordable than traditional banking. For example, DeFi savings accounts could offer higher interest rates and fewer fees than traditional savings accounts.Decentralized lending and borrowing: DeFi could be used to create decentralized lending and borrowing platforms that are more accessible and efficient than traditional lending and borrowing markets. For example, DeFi lending platforms could allow people to borrow money without the need for a credit check.Decentralized investing: DeFi could be used to create decentralized investment platforms that allow people to invest in a variety of assets, including stocks, bonds, and commodities. For example, DeFi decentralized exchanges could allow people to trade assets without the need for a central broker.However, there are also some challenges that need to be addressed before DeFi can reach its full potential. These challenges include:Security: DeFi applications are still relatively new and untested, and there have been a number of high-profile security breaches. DeFi developers need to work to improve the security of their applications.Regulation: DeFi is largely unregulated, which can make it difficult for users to protect themselves from fraud and scams. Regulators need to develop clear and fair regulations for DeFi.User experience: DeFi applications can be complex and difficult to use. DeFi developers need to work to improve the user experience of their applications.Despite these challenges, the future of DeFi is bright. DeFi has the potential to revolutionize the financial industry and make financial services more accessible, affordable, and innovative.#TheFutureofDeFi
How to Turn Your Daily Routine into a Crypto-Generating Machine (No Clickbait!)In today's digital age, we all spend a lot of time on our smartphones. But what if you could use your daily smartphone habits to earn crypto? It's actually easier than you might think.Smartphones have become an important part of our lives, whether it be for TikTok videos, Instagram stories, YouTube videos, mobile games, or even PUBG, Fortnite, COD, or Candy Crush. These things help us to release hormones and produce an effect called dopamine, and all that scientific stuff. But what if I told you we can convert those habits into a crypto-earning machine while enjoying our daily lives?Here are a few ways to turn your daily routine into a crypto-generating machine:1. Play web3 gamesYou can Google "play to earn games." You will find tons of free games that can give you $2-3 daily, and even more if you are willing to work hard. And if you top up some money, you can go from anywhere from $10 to $20 a day just playing games! Just enjoying and earning crypto!Web3 games are a new type of game that allows you to earn crypto while you play. There are all sorts of web3 games available, from simple arcade games to complex RPGs.To get started, simply download a web3 game and create an account. Once you're logged in, you'll be able to start earning crypto by completing tasks, winning matches, and defeating enemies.2. Use web3 social media appsWeb3 social media apps are similar to traditional social media apps, but they allow you to earn crypto for interacting with other users. For example, you can earn crypto for posting, commenting, and liking content.Some popular web3 social media apps include:SteemitHiveDTubeTrybe3. Get paid to exerciseThere are also web3 apps that pay you crypto for exercising. These apps typically use GPS tracking to track your movement and reward you for walking, running, and biking.Some popular web3 exercise apps include:SweatcoinStepnWalken4. Complete microtasksIf you're looking for a more hands-on way to earn crypto, you can try completing microtasks. Microtasks are small, simple tasks that anyone can complete, such as taking surveys, watching videos, and solving CAPTCHAs.There are a number of websites and apps that allow you to complete microtasks for crypto. Some popular options include:Coinbase EarnBrave RewardsPresearchGetting startedTo get started earning crypto from your daily routine, all you need is a smartphone and a crypto wallet. Once you have a crypto wallet, you can start downloading web3 apps and creating accounts.Once you've created accounts, you can start earning crypto by completing tasks, playing games, and using social media.Tips for successHere are a few tips for success in earning crypto from your daily routine:Choose the right apps. Not all web3 apps are created equal. Some apps are more scams than others. Be sure to do your research before downloading any web3 app.Be patient. It takes time to earn crypto. Don't expect to get rich quick.Be consistent. The more consistent you are with using web3 apps, the more crypto you'll earn.Conclusioncan explain every step and make more details for every topic I explained if you need. Please comment and like. I have more bonus content I will drop if you guys are interested, then give 100 likes! Try it out, you won't regret it!Note: I am not a financial advisor! I am just a crypto enthusiast person who works and does practical things!#FreeCrypto #Earn #Passive

How to Turn Your Daily Routine into a Crypto-Generating Machine (No Clickbait!)

In today's digital age, we all spend a lot of time on our smartphones. But what if you could use your daily smartphone habits to earn crypto? It's actually easier than you might think.Smartphones have become an important part of our lives, whether it be for TikTok videos, Instagram stories, YouTube videos, mobile games, or even PUBG, Fortnite, COD, or Candy Crush. These things help us to release hormones and produce an effect called dopamine, and all that scientific stuff. But what if I told you we can convert those habits into a crypto-earning machine while enjoying our daily lives?Here are a few ways to turn your daily routine into a crypto-generating machine:1. Play web3 gamesYou can Google "play to earn games." You will find tons of free games that can give you $2-3 daily, and even more if you are willing to work hard. And if you top up some money, you can go from anywhere from $10 to $20 a day just playing games! Just enjoying and earning crypto!Web3 games are a new type of game that allows you to earn crypto while you play. There are all sorts of web3 games available, from simple arcade games to complex RPGs.To get started, simply download a web3 game and create an account. Once you're logged in, you'll be able to start earning crypto by completing tasks, winning matches, and defeating enemies.2. Use web3 social media appsWeb3 social media apps are similar to traditional social media apps, but they allow you to earn crypto for interacting with other users. For example, you can earn crypto for posting, commenting, and liking content.Some popular web3 social media apps include:SteemitHiveDTubeTrybe3. Get paid to exerciseThere are also web3 apps that pay you crypto for exercising. These apps typically use GPS tracking to track your movement and reward you for walking, running, and biking.Some popular web3 exercise apps include:SweatcoinStepnWalken4. Complete microtasksIf you're looking for a more hands-on way to earn crypto, you can try completing microtasks. Microtasks are small, simple tasks that anyone can complete, such as taking surveys, watching videos, and solving CAPTCHAs.There are a number of websites and apps that allow you to complete microtasks for crypto. Some popular options include:Coinbase EarnBrave RewardsPresearchGetting startedTo get started earning crypto from your daily routine, all you need is a smartphone and a crypto wallet. Once you have a crypto wallet, you can start downloading web3 apps and creating accounts.Once you've created accounts, you can start earning crypto by completing tasks, playing games, and using social media.Tips for successHere are a few tips for success in earning crypto from your daily routine:Choose the right apps. Not all web3 apps are created equal. Some apps are more scams than others. Be sure to do your research before downloading any web3 app.Be patient. It takes time to earn crypto. Don't expect to get rich quick.Be consistent. The more consistent you are with using web3 apps, the more crypto you'll earn.Conclusioncan explain every step and make more details for every topic I explained if you need. Please comment and like. I have more bonus content I will drop if you guys are interested, then give 100 likes! Try it out, you won't regret it!Note: I am not a financial advisor! I am just a crypto enthusiast person who works and does practical things!#FreeCrypto #Earn #Passive
How To from $0 to $10,000 in Crypto The easiest way to go from $0 to $10,000 in crypto is to invest in a high-growth cryptocurrency and hold it for the long term. However, this is also the riskiest way to make money in crypto, as the market is volatile and prices can fluctuate wildly. Here are some of the easiest ways to go from $0 to $10,000 in crypto: Invest in a high-growth cryptocurrency. This is the riskiest way to make money in crypto, but it also has the potential to be the most rewarding. Some high-growth cryptocurrencies include Ethereum, Solana, Avalanche, and Cardano. Stake your crypto. Staking is a way to earn passive income on your crypto by locking it up in a smart contract. The more crypto you stake, the more rewards you will earn. Many exchanges offer staking services, so this is a relatively easy way to get started. Lend your crypto. Lending your crypto is another way to earn passive income. When you lend your crypto, you earn interest from borrowers. You can lend your crypto through a centralized exchange or a decentralized lending platform. Get involved in airdrops and giveaways. Many crypto projects give away free tokens to their users and community members. This is a great way to get started in crypto without having to invest any money. Mine crypto. Mining is the process of verifying transactions on a blockchain network. In return for your work, you are rewarded with crypto tokens. Mining can be profitable, but it is also expensive and energy-intensive. It is important to note that there is no guaranteed way to make money in crypto. The market is volatile and prices can fluctuate wildly. It is important to do your own research and invest only what you can afford to lose. Here are some additional tips for increasing your chances of success: Invest for the long term. The crypto market is volatile, but it has historically trended upwards over the long term. If you are investing for the long term, you are more likely to see profits. Diversify your portfolio. Don't put all your eggs in one basket. Instead, invest in a variety of different cryptocurrencies. This will help to reduce your risk if one cryptocurrency performs poorly. Take profits along the way. Don't wait until the market crashes to sell your crypto. Instead, take profits along the way to lock in your gains. Reinvest your profits. Once you have taken profits, you can reinvest them in other cryptocurrencies or projects. This can help you to grow your wealth over time. Remember, there is no guaranteed way to make money in crypto. Invest only what you can afford to lose and do your own research.

How To from $0 to $10,000 in Crypto

The easiest way to go from $0 to $10,000 in crypto is to invest in a high-growth cryptocurrency and hold it for the long term. However, this is also the riskiest way to make money in crypto, as the market is volatile and prices can fluctuate wildly.

Here are some of the easiest ways to go from $0 to $10,000 in crypto:

Invest in a high-growth cryptocurrency. This is the riskiest way to make money in crypto, but it also has the potential to be the most rewarding. Some high-growth cryptocurrencies include Ethereum, Solana, Avalanche, and Cardano.

Stake your crypto. Staking is a way to earn passive income on your crypto by locking it up in a smart contract. The more crypto you stake, the more rewards you will earn. Many exchanges offer staking services, so this is a relatively easy way to get started.

Lend your crypto. Lending your crypto is another way to earn passive income. When you lend your crypto, you earn interest from borrowers. You can lend your crypto through a centralized exchange or a decentralized lending platform.

Get involved in airdrops and giveaways. Many crypto projects give away free tokens to their users and community members. This is a great way to get started in crypto without having to invest any money.

Mine crypto. Mining is the process of verifying transactions on a blockchain network. In return for your work, you are rewarded with crypto tokens. Mining can be profitable, but it is also expensive and energy-intensive.

It is important to note that there is no guaranteed way to make money in crypto. The market is volatile and prices can fluctuate wildly. It is important to do your own research and invest only what you can afford to lose.

Here are some additional tips for increasing your chances of success:

Invest for the long term. The crypto market is volatile, but it has historically trended upwards over the long term. If you are investing for the long term, you are more likely to see profits.

Diversify your portfolio. Don't put all your eggs in one basket. Instead, invest in a variety of different cryptocurrencies. This will help to reduce your risk if one cryptocurrency performs poorly.

Take profits along the way. Don't wait until the market crashes to sell your crypto. Instead, take profits along the way to lock in your gains.

Reinvest your profits. Once you have taken profits, you can reinvest them in other cryptocurrencies or projects. This can help you to grow your wealth over time.

Remember, there is no guaranteed way to make money in crypto. Invest only what you can afford to lose and do your own research.
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The Top Technical Indicators Used by Professional TradersProfessional traders use a variety of technical indicators to help them make trading decisions. Some of the most popular indicators include: Moving averages: Moving averages are a simple way to smooth out price data and identify trends. There are many different moving averages, but the most common are the simple moving average (SMA) and the exponential moving average (EMA). Relative strength index (RSI): The RSI is a momentum indicator that measures the speed and magnitude of price changes. It is typically used to identify overbought and oversold conditions. Stochastic oscillator: The stochastic oscillator is another momentum indicator that measures the location of the closing price relative to a range of prices over a specific period of time. It is also used to identify overbought and oversold conditions. Moving average convergence divergence (MACD): The MACD is a trend-following indicator that uses moving averages to identify changes in momentum. It is often used to generate buy and sell signals. Volume: Volume is the number of shares or contracts that are traded over a period of time. It can be used to measure the level of interest in a security and to confirm trends. Fibonacci retracements: Fibonacci retracements are a set of levels that are calculated based on the Fibonacci sequence. They can be used to identify potential support and resistance levels. Professional traders often use a combination of indicators to make trading decisions. They may also consider other factors, such as news and fundamental analysis. It is important to note that no indicator is perfect and that no indicator can guarantee profits. Professional traders use indicators as a tool to help them make better trading decisions, but they also understand that indicators can be wrong. Here are some additional tips for using technical indicators: Use multiple indicators: No single indicator is perfect, so it is important to use multiple indicators to confirm signals. Set stop-losses: Always use stop-losses to limit your losses. Don't overtrade: Don't trade too often, or you will increase your risk of losing money. Practice with a demo account: Before you start trading with real money, practice with a demo account to learn how to use indicators and to develop your trading strategy. #indicators #trending #signal $BTC $ETH $BNB

The Top Technical Indicators Used by Professional Traders

Professional traders use a variety of technical indicators to help them make trading decisions. Some of the most popular indicators include:

Moving averages: Moving averages are a simple way to smooth out price data and identify trends. There are many different moving averages, but the most common are the simple moving average (SMA) and the exponential moving average (EMA).

Relative strength index (RSI): The RSI is a momentum indicator that measures the speed and magnitude of price changes. It is typically used to identify overbought and oversold conditions.

Stochastic oscillator: The stochastic oscillator is another momentum indicator that measures the location of the closing price relative to a range of prices over a specific period of time. It is also used to identify overbought and oversold conditions.

Moving average convergence divergence (MACD): The MACD is a trend-following indicator that uses moving averages to identify changes in momentum. It is often used to generate buy and sell signals.

Volume: Volume is the number of shares or contracts that are traded over a period of time. It can be used to measure the level of interest in a security and to confirm trends.

Fibonacci retracements: Fibonacci retracements are a set of levels that are calculated based on the Fibonacci sequence. They can be used to identify potential support and resistance levels.

Professional traders often use a combination of indicators to make trading decisions. They may also consider other factors, such as news and fundamental analysis.

It is important to note that no indicator is perfect and that no indicator can guarantee profits. Professional traders use indicators as a tool to help them make better trading decisions, but they also understand that indicators can be wrong.

Here are some additional tips for using technical indicators:

Use multiple indicators: No single indicator is perfect, so it is important to use multiple indicators to confirm signals.

Set stop-losses: Always use stop-losses to limit your losses.

Don't overtrade: Don't trade too often, or you will increase your risk of losing money.

Practice with a demo account: Before you start trading with real money, practice with a demo account to learn how to use indicators and to develop your trading strategy.

#indicators #trending #signal

$BTC $ETH $BNB
🚀🧑‍🚀🌕 Cryptocurrencies to Buy in the Dip for Huge Return Gains 🌕🧑‍🚀🚀The cryptocurrency market is currently in a dip, but that doesn't mean you should stay on the sidelines. In fact, this could be the perfect time to buy some of the most promising cryptocurrencies on the market. Here are 5 cryptocurrencies that I believe have the potential to deliver huge returns in the long run: Binance Coin (BNB): BNB coin is the native cryptocurrency of the Binance Chain blockchain. It was originally launched as an ERC-20 token on the Ethereum blockchain, but it was migrated to its own blockchain in 2019. Zilliqa: Zilliqa is a high performance blockchain platform that aims to provide scalability and security for dApps. It uses sharding technology to improve transaction throughput. Zilliqa is still in its early stages of development, but it has the potential to become one of the leading blockchain platforms for dApps. Reserve Rights (RSR): Reserve Rights is a stablecoin project that aims to create a stable digital currency that can be used globally. The project aims to provide stability in regions with high inflation rates. RSR is backed by a basket of assets, which makes it less volatile than other cryptocurrencies. Rose: Rose is the native cryptocurrency of the Oasis Network, a privacy focused blockchain platform. It aims to provide secure and private dapps. The Oasis Network uses a unique privacy technology called zk-SNARKs, which allows dapps to process transactions without revealing any sensitive information. VeChain: VeChain is a blockchain platform that focuses on supply chain management and business processes. It aims to enhance transparency and traceability in various industries. VeChain has already partnered with some of the biggest companies in the world, and its technology has the potential to revolutionize supply chain management. These are just a few of the many promising cryptocurrencies that are available today. If you're looking to invest in cryptocurrencies, I recommend doing your own research and investing in projects that you believe in. The cryptocurrency market is volatile, so there is always the risk of losing money. However, if you invest wisely and are patient, you could potentially earn huge returns. #100x #Latestcryptonews #pump

🚀🧑‍🚀🌕 Cryptocurrencies to Buy in the Dip for Huge Return Gains 🌕🧑‍🚀🚀

The cryptocurrency market is currently in a dip, but that doesn't mean you should stay on the sidelines. In fact, this could be the perfect time to buy some of the most promising cryptocurrencies on the market.

Here are 5 cryptocurrencies that I believe have the potential to deliver huge returns in the long run:

Binance Coin (BNB): BNB coin is the native cryptocurrency of the Binance Chain blockchain. It was originally launched as an ERC-20 token on the Ethereum blockchain, but it was migrated to its own blockchain in 2019.

Zilliqa: Zilliqa is a high performance blockchain platform that aims to provide scalability and security for dApps. It uses sharding technology to improve transaction throughput. Zilliqa is still in its early stages of development, but it has the potential to become one of the leading blockchain platforms for dApps.

Reserve Rights (RSR): Reserve Rights is a stablecoin project that aims to create a stable digital currency that can be used globally. The project aims to provide stability in regions with high inflation rates. RSR is backed by a basket of assets, which makes it less volatile than other cryptocurrencies.

Rose: Rose is the native cryptocurrency of the Oasis Network, a privacy focused blockchain platform. It aims to provide secure and private dapps. The Oasis Network uses a unique privacy technology called zk-SNARKs, which allows dapps to process transactions without revealing any sensitive information.

VeChain: VeChain is a blockchain platform that focuses on supply chain management and business processes. It aims to enhance transparency and traceability in various industries. VeChain has already partnered with some of the biggest companies in the world, and its technology has the potential to revolutionize supply chain management.

These are just a few of the many promising cryptocurrencies that are available today. If you're looking to invest in cryptocurrencies, I recommend doing your own research and investing in projects that you believe in.

The cryptocurrency market is volatile, so there is always the risk of losing money. However, if you invest wisely and are patient, you could potentially earn huge returns.

#100x #Latestcryptonews #pump
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Here are some of the top crypto news headlines for August 12, 2023:SEC plans to appeal recent crypto decision on Ripple Labs. The Securities and Exchange Commission (SEC) has announced that it plans to appeal a recent court decision that ruled in favor of Ripple Labs in a lawsuit over the sale of unregistered securities. The SEC alleges that Ripple Labs sold $1.3 billion worth of XRP tokens without registering them as securities. India's homegrown web browser may come with crypto-loaded features. A new web browser called Bharat Browser is being developed in India with crypto-loaded features. The browser will allow users to buy, sell, and store cryptocurrencies. It will also have a built-in crypto wallet. Microsoft, Aptos Labs partner to unite Web3, artificial intelligence. Microsoft and Aptos Labs have announced a partnership to unite Web3 and artificial intelligence. The partnership will focus on developing new tools and services that will make it easier for developers to build Web3 applications. NFT apps on get no respite as US Supreme Court denies Epic Games' plea on Apple's App Store payment rules. The US Supreme Court has denied Epic Games' plea to overturn a lower court ruling that upheld Apple's App Store payment rules. The ruling is a setback for Epic Games, which has been trying to challenge Apple's monopoly on in-app payments. #googleai #cryptonews

Here are some of the top crypto news headlines for August 12, 2023:

SEC plans to appeal recent crypto decision on Ripple Labs. The Securities and Exchange Commission (SEC) has announced that it plans to appeal a recent court decision that ruled in favor of Ripple Labs in a lawsuit over the sale of unregistered securities. The SEC alleges that Ripple Labs sold $1.3 billion worth of XRP tokens without registering them as securities.

India's homegrown web browser may come with crypto-loaded features. A new web browser called Bharat Browser is being developed in India with crypto-loaded features. The browser will allow users to buy, sell, and store cryptocurrencies. It will also have a built-in crypto wallet.

Microsoft, Aptos Labs partner to unite Web3, artificial intelligence. Microsoft and Aptos Labs have announced a partnership to unite Web3 and artificial intelligence. The partnership will focus on developing new tools and services that will make it easier for developers to build Web3 applications.

NFT apps on get no respite as US Supreme Court denies Epic Games' plea on Apple's App Store payment rules. The US Supreme Court has denied Epic Games' plea to overturn a lower court ruling that upheld Apple's App Store payment rules. The ruling is a setback for Epic Games, which has been trying to challenge Apple's monopoly on in-app payments.

#googleai #cryptonews
Let's test your knowledge! Tell me the name of the crypto token shown in the picture #Quiz #FreeCrypto Follow For Free Crypto Giveaways!
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Let's test your knowledge! Tell me the name of the crypto token shown in the picture. #Quiz #FreeCrypto
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Let's test your knowledge! Tell me the name of the crypto shown in the picture! #quiz #BTC
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$BALD Token Plunges 90% as Developer Pulls LiquidityThe $BALD token, a new meme coin that was launched on Coinbase's Base network, has plunged 90% in value after its developer pulled millions of dollars worth of liquidity. The token, which was created as a joke poking fun at Coinbase CEO Brian Armstrong's lack of hair, exploded in popularity on Sunday, reaching a market capitalization of $85 million. However, its price began to plummet on Monday after the developer removed 1,034 Ether in liquidity, worth approximately $1.9 million. The developer, who has not been identified, has denied any wrongdoing. They claim that they did not sell any of their $BALD tokens, and that they only removed liquidity from the market in order to "improve liquidity." However, many investors believe that the developer has pulled off a rug pull, a type of exit scam in which the developers of a cryptocurrency project abandon the project and take all of the investors' money. The $BALD token's collapse is a reminder of the risks involved in investing in meme coins. These coins are often launched with little or no underlying value, and they are susceptible to manipulation by developers. Investors who are considering investing in meme coins should do their research carefully and be aware of the risks involved. What are the implications of the $BALD token rug pull? The $BALD token rug pull has a number of implications for the cryptocurrency industry. First, it highlights the risks involved in investing in meme coins. These coins are often launched with little or no underlying value, and they are susceptible to manipulation by developers. Second, the rug pull could damage the reputation of Coinbase's Base network. Base is a new layer-2 network that is designed to make it easier for developers to build and deploy decentralized applications. The rug pull could deter developers from building on Base, and it could also damage the trust that users have in the network. Third, the rug pull could have a chilling effect on the cryptocurrency market as a whole. Investors who are burned by the $BALD token rug pull may be less likely to invest in other cryptocurrencies. This could lead to a decline in the price of cryptocurrencies and a slowdown in the growth of the industry. What can be done to prevent future rug pulls? There are a number of things that can be done to prevent future rug pulls. First, investors should do their research carefully before investing in any cryptocurrency. They should look for projects that have a strong team and a clear roadmap. They should also be wary of projects that are launched with little or no fanfare. Second, developers should be more transparent about their plans for their projects. They should disclose how much liquidity they have in their wallets, and they should be open about their intentions for the project. Third, exchanges should take steps to prevent rug pulls. They can do this by requiring developers to provide more information about their projects, and by monitoring the markets for signs of manipulation. The $BALD token rug pull is a reminder of the risks involved in investing in cryptocurrencies. However, it is also an opportunity for the industry to learn from its mistakes and to take steps to prevent future rug pulls. #bald #memecoins #news $BTC

$BALD Token Plunges 90% as Developer Pulls Liquidity

The $BALD token, a new meme coin that was launched on Coinbase's Base network, has plunged 90% in value after its developer pulled millions of dollars worth of liquidity.

The token, which was created as a joke poking fun at Coinbase CEO Brian Armstrong's lack of hair, exploded in popularity on Sunday, reaching a market capitalization of $85 million. However, its price began to plummet on Monday after the developer removed 1,034 Ether in liquidity, worth approximately $1.9 million.

The developer, who has not been identified, has denied any wrongdoing. They claim that they did not sell any of their $BALD tokens, and that they only removed liquidity from the market in order to "improve liquidity."

However, many investors believe that the developer has pulled off a rug pull, a type of exit scam in which the developers of a cryptocurrency project abandon the project and take all of the investors' money.

The $BALD token's collapse is a reminder of the risks involved in investing in meme coins. These coins are often launched with little or no underlying value, and they are susceptible to manipulation by developers.

Investors who are considering investing in meme coins should do their research carefully and be aware of the risks involved.

What are the implications of the $BALD token rug pull?

The $BALD token rug pull has a number of implications for the cryptocurrency industry.

First, it highlights the risks involved in investing in meme coins. These coins are often launched with little or no underlying value, and they are susceptible to manipulation by developers.

Second, the rug pull could damage the reputation of Coinbase's Base network. Base is a new layer-2 network that is designed to make it easier for developers to build and deploy decentralized applications. The rug pull could deter developers from building on Base, and it could also damage the trust that users have in the network.

Third, the rug pull could have a chilling effect on the cryptocurrency market as a whole. Investors who are burned by the $BALD token rug pull may be less likely to invest in other cryptocurrencies. This could lead to a decline in the price of cryptocurrencies and a slowdown in the growth of the industry.

What can be done to prevent future rug pulls?

There are a number of things that can be done to prevent future rug pulls.

First, investors should do their research carefully before investing in any cryptocurrency. They should look for projects that have a strong team and a clear roadmap. They should also be wary of projects that are launched with little or no fanfare.

Second, developers should be more transparent about their plans for their projects. They should disclose how much liquidity they have in their wallets, and they should be open about their intentions for the project.

Third, exchanges should take steps to prevent rug pulls. They can do this by requiring developers to provide more information about their projects, and by monitoring the markets for signs of manipulation.

The $BALD token rug pull is a reminder of the risks involved in investing in cryptocurrencies. However, it is also an opportunity for the industry to learn from its mistakes and to take steps to prevent future rug pulls.

#bald #memecoins #news

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Here are some of the latest crypto news on July 31, 2023: Shiba Inu (SHIB) to Launch Layer-2 Network As mentioned in your search results, Shiba Inu (SHIB) is planning to launch a layer-2 network called Shibarium. This will be a more scalable and efficient network for SHIB transactions, and it could potentially lead to a significant increase in the value of the token. Bitcoin ATMs in El Salvador Surpass 200 El Salvador, which made Bitcoin legal tender in 2021, now has over 200 Bitcoin ATMs in the country. This is a significant increase from the 50 ATMs that were installed in the first few months after the law was passed. Cryptocurrency Thefts Reach $1.3 Billion in Q2 2023 According to a report by Chainalysis, cryptocurrency thefts reached $1.3 billion in Q2 2023. This is a significant increase from the $750 million that was stolen in Q1 2023. Grayscale Files for Spot Bitcoin ETF Grayscale Investments, the world's largest digital asset manager, has filed for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). If approved, this would be the first spot Bitcoin ETF to trade in the U.S. Cryptocurrency Adoption Continues to Grow A recent survey by Finder found that 17% of Americans now own cryptocurrency. This is up from 12% in 2021. The survey also found that 43% of Americans are interested in buying cryptocurrency in the next year. These are just a few of the latest mind-boggling crypto news stories. The industry is constantly evolving, so it's important to stay up-to-date on the latest developments. #crypto2023 #news #googleai $BNB $BTC $SOL

Here are some of the latest crypto news on July 31, 2023:

Shiba Inu (SHIB) to Launch Layer-2 Network

As mentioned in your search results, Shiba Inu (SHIB) is planning to launch a layer-2 network called Shibarium. This will be a more scalable and efficient network for SHIB transactions, and it could potentially lead to a significant increase in the value of the token.

Bitcoin ATMs in El Salvador Surpass 200

El Salvador, which made Bitcoin legal tender in 2021, now has over 200 Bitcoin ATMs in the country. This is a significant increase from the 50 ATMs that were installed in the first few months after the law was passed.

Cryptocurrency Thefts Reach $1.3 Billion in Q2 2023

According to a report by Chainalysis, cryptocurrency thefts reached $1.3 billion in Q2 2023. This is a significant increase from the $750 million that was stolen in Q1 2023.

Grayscale Files for Spot Bitcoin ETF

Grayscale Investments, the world's largest digital asset manager, has filed for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). If approved, this would be the first spot Bitcoin ETF to trade in the U.S.

Cryptocurrency Adoption Continues to Grow

A recent survey by Finder found that 17% of Americans now own cryptocurrency. This is up from 12% in 2021. The survey also found that 43% of Americans are interested in buying cryptocurrency in the next year.

These are just a few of the latest mind-boggling crypto news stories. The industry is constantly evolving, so it's important to stay up-to-date on the latest developments.

#crypto2023 #news #googleai

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