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The pursuit for a strong prediction on the price of Bitcoin is growing more intense as market participants set their sights on reaching the $47,000 mark. At the moment, Bitcoin is hovering around $44,500, showing a slight increase of 0.50% on February 8. This slight uptick in price indicates a potential shift in investor sentiment.

Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.

Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC‬ #brc

$BTC $ETH $BNB Binance Copy Trading VIP Exclusive: Get an Upsized 15% Profit Share from Copy Traders, VIP Gift Packs & VIP Upgrade Vouchers Now!
#BTC/FDUSD 44,612.01+3.88%
#BNB/FDUSD 314.7+3.76%
#ETH/FDUSD
2,418.79
+2.35%

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Copy Trading is thrilled to introduce a limited-time benefit exclusively for VIP 1-9 users who are Lead Traders on Binance Copy Trading. During the Promotion Period, eligible users who ensure that their margin balance as a Lead Trader reaches and maintains at least $500,000 equivalent, will stand to earn a 15% profit share from copy trades on their portfolio. 

This is an upgrade from the usual 10% profit share enjoyed by regular Lead Traders. Please note that the 10% commission on trading fees paid by Copy Traders remains unchanged for both regular and VIP 1-9 users. 

Promotion Period: 2024-02-07 05:00 (UTC) to 2024-03-29 23:59 (UTC)

How to Participate

Click on the "Register Now" button on the promotion page. If you are not a Lead Trader yet, apply to become a Lead Trader now. 

Ensure that your margin balance as a Lead Trader reaches and maintains at least $500,000 equivalent.

Please Note

The profit share of eligible participants who fulfill the aforementioned requirements will be upgraded from 10% to 15% within two working days. 

Please note that the profit share of participants who do not maintain their margin balance as a Lead Trader at $500,000 equivalent or more after receiving the profit share upgrade during the Promotion Period, will be adjusted back to 10% within two working days. 

Binance will also notify eligible participants of any profit share adjustments via the email address bound to their Binance accounts or their VIP client managers within two working days where applicable.

Join the Promotion Now!

The pursuit for a strong prediction on the price of Bitcoin is growing more intense as market participants set their sights on reaching the $47,000 mark. At the moment, Bitcoin is hovering around $44,500, showing a slight increase of 0.50% on February 8. This slight uptick in price indicates a potential shift in investor sentiment.

Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.

Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC #brc

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#BinanceEarnings #BTC $BTC

Bitcoin (BTC) Might Touch $56,000 on BlackRock ETF Trigger
The price forecast for Bitcoin has been a topic of discussion among various experts. Matrixport is one of the market analysts who have given their predictions. However, other experts have also provided their projections. Cathie Wood, the founder and CEO of Ark Invest, has stated that Bitcoin has a best-case scenario of reaching $625,000 in the near future, with the bull case scenario at $1.5 million. Meanwhile, Max Keiser, a top investor, has predicted that Bitcoin could increase to $220,000. The anticipation for the Bitcoin spot ETF to be approved has also grown. Mike Novogratz has stated that the approval could be granted before the end of the year.
#bitcoin #BTC

Whale Alert, a platform that tracks cryptocurrency whales, reported that yesterday, an unknown wallet transferred 30,200,000 Ripple (XRP) to Bitstamp, valued at $14,726,855. Despite this large transfer,
XRP did not experience a selloff and saw a gain of 1.25% in the past 24 hours, reaching a value of $0.4915.
However, XRP had previously recorded a weekly loss of 4.51%. XRP was attempting to surpass the 9-day EMA line at $0.5017, and a daily candle closing above this indicator could signal support to break the $0.5165 resistance level and lead XRP to climb towards $0.5670. A failure to break this technical indicator would result in XRP potentially dropping to immediate support at $0.4585.
The daily RSI line is approaching the daily RSI SMA line, indicating buyers' strength against sellers, and if they cross, it could lead to a bullish rise in XRP's price to $0.5670. This article is for informational purposes only, and Coin Edition is not responsible for any financial losses incurred from using the content or services mentioned. Readers are advised to exercise caution before making any decisions related to the company.
#XRP #cryptocurrency

why bitcoin is the best.
In the world of cryptocurrency, there are thousands of different options to choose from, which can be overwhelming when starting out. However, the top 10 cryptocurrencies based on market capitalization can provide a good starting point. Bitcoin, created in 2009 by Satoshi Nakamoto, is the original cryptocurrency and valued at $535.7 billion.
Ethereum is a popular choice for developers due to its potential applications, including smart contracts and NFTs, with a market cap of $189.7 billion.
Tether and USD Coin are stablecoins that aim to maintain a 1:1 ratio with US dollars,
while Binance Coin can be used for various transactions and has grown significantly in value.
XRP is used on the Ripple network,
Solana and TRON facilitate decentralized finance and smart contracts, and Dogecoin has gained popularity due to a dedicated community and creative memes.
Cardano uses proof-of-stake validation, expediting transaction time and reducing energy usage. Market caps and pricing vary, but these top 10 cryptocurrencies offer a variety of options for investors and traders.
#bitcoin #Binance #trading #CryptoTalks

CryptoPawCoin (CPRC) saw a significant increase of 680% in value within just 24 hours, putting it in the top 100 cryptocurrencies based on market capitalization, presently valued at over $500 million. The coin's goal is to support animal welfare, but potential investors should be wary of its low trading volume that makes it more susceptible to price manipulation and potential risks.
CPRC's market capitalization increase is a rare occurrence and is mainly attributed to its current trading value at $0.0016, based on CoinGecko's data. Moreover, it is worth noting that CPRC is yet to be listed on CoinMarketCap. The coin's official website indicates that its aim is to help animal welfare, specifically animal shelters, rescue organizations, and conservation efforts. However, its trading volume is observed to be low compared to other cryptocurrencies with a similar market capitalization. This makes CPRC potentially susceptible to price volatility, prompting caution to potential investors.
#crypto2023 #cryptonews #Binance

Before investment..
How to Invest in Cryptocurrency: A Beginner’s Guide
What is cryptocurrency?
Types of cryptocurrencies
What to consider before investing in cryptocurrency
Pros of investing in cryptocurrency
How to keep your cryptocurrency secure
How to invest in cryptocurrency in 2023Cryptocurrency investing FAQ
#Binance #BitcoinWorld #crypto2023

Bitcoin has experienced a decline in its value due to recent events, while altcoins remain unpopular among cryptocurrency investors. This trend can be attributed to the emergence of new regulations that are causing investors to shy away from altcoins, thereby elevating Bitcoin's market dominance, which currently stands at approximately 50%.
Analysts and crypto enthusiasts are closely monitoring Bitcoin's price movement, with a focus on a price point above $25,000, which could signal an upward trend. Such a development is likely to generate more interest in the wider cryptocurrency market, prompting more buying of altcoins.
#bitcoin #cryptocurrency

Binance Earn is pleased to announce a new promotion for Dual Investment users in honor of the upcoming Mid-Autumn Festival.
Please note that certain products and services may not be available in all regions. The promotion will run from September 20, 2023, at 10:00 (UTC) to October 16, 2023, at 23:59 (UTC).
During this period, users who subscribe to Dual Investment by clicking the [Join Promotion] button on the activity page will have the chance to share a rewards pool worth up to $18,888 in BTC token vouchers. The distribution of the rewards will be based on the total eligible Dual Investment subscription amount during the promotion period, as per the rewards structure outlined below. The higher the eligible subscription amount, the greater the token voucher rewards. Please note that only new Dual Investment Sell High and/or Buy Low subscriptions with a Settlement Date no later than October 16, 2023, at 23:59 (UTC) will qualify for the promotion. Join us this Mid-Autumn Festival and subscribe to Dual Investment to earn your chance to share in the rewards pool!
#BTC  #ETH  #BNB  #XRP  #crypto2023