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Bitcoin (BTC) Surpasses 71,000 USDT with a 7.89% Increase in 24 Hours
On Mar 25, 2024, 20:00 PM (UTC). According to Binance Market Data, Bitcoin has crossed the 71,000 USDT benchmark and is now trading at 71,098 USDT, with a 7.89% increase in 24 hours.
Bitcoin eyes $50,000 target amid strong ETF inflows #Write2Earn Spot Bitcoin funds hold a combined 216,309 Bitcoin within a month of trading, outpacing MicroStrategy’s holdings Bitcoin (BTC) is on the brink of breaching the $50,000 threshold as bullish momentum continues to build up amid substantial inflows into spot Bitcoin exchange-traded funds (ETFs). According to data from BitMEX Research, spot Bitcoin ETF net inflows surged from around $68 million at the start of the week to $541 million on Friday, marking the largest influx since the second trading 6 still leads the pack, ending the week with over $250 million in net inflows. Fidelity and ARK Invest are not far behind, with around $188 million and $136 million in net inflows, respectively. The Grayscale ETF experienced a record low, with over $51 million in a single-day net outflow. Fund flows are a vital indicator of investor sentiment and behavior. In general, when investors pour money into funds, it indicates optimism about future profits. On the other hand, when investors withdraw their money, it often signals increasing caution or concern. Strong inflows can drive up prices as increased demand attracts more investors. This can lead to a positive feedback loop, where rising prices draw in even more investment, further boosting prices. Spot Bitcoin ETFs have now amassed over $10 billion in assets under management, with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund leading the charge, each managing over $3 billion in BTC, as reported by HODL15Capital Bitcoin’s price moved in the same direction with strong ETF inflows and performance. On February 9, the week’s final trading day, the price soared to $48,200, up almost 6% in seven days. This positive trajectory suggests that Bitcoin’s push towards the $50,000 mark is increasingly viable in the near future with strong, persistent spot Bitcoin ETF performance. #Write2Earn #TrendingTopic #BTC $BTC
Bitcoin eyes $50,000 target amid strong ETF inflows #Write2Earn

Spot Bitcoin funds hold a combined 216,309 Bitcoin within a month of trading, outpacing MicroStrategy’s holdings Bitcoin (BTC) is on the brink of breaching the $50,000 threshold as bullish momentum continues to build up amid substantial inflows into spot Bitcoin exchange-traded funds (ETFs). According to data from BitMEX Research, spot Bitcoin ETF net inflows surged from around $68 million at the start of the week to $541 million on Friday, marking the largest influx since the second trading 6 still leads the pack, ending the week with over $250 million in net inflows. Fidelity and ARK Invest are not far behind, with around $188 million and $136 million in net inflows, respectively. The Grayscale ETF experienced a record low, with over $51 million in a single-day net outflow. Fund flows are a vital indicator of investor sentiment and behavior. In general, when investors pour money into funds, it indicates optimism about future profits. On the other hand, when investors withdraw their money, it often signals increasing caution or concern. Strong inflows can drive up prices as increased demand attracts more investors. This can lead to a positive feedback loop, where rising prices draw in even more investment, further boosting prices.

Spot Bitcoin ETFs have now amassed over $10 billion in assets under management, with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund leading the charge, each managing over $3 billion in BTC, as reported by HODL15Capital

Bitcoin’s price moved in the same direction with strong ETF inflows and performance. On February 9, the week’s final trading day, the price soared to $48,200, up almost 6% in seven days. This positive trajectory suggests that Bitcoin’s push towards the $50,000 mark is increasingly viable in the near future with strong, persistent spot Bitcoin ETF performance.
#Write2Earn #TrendingTopic #BTC
$BTC
Grok AI predicts Ethereum price for the end of 2024 #Write2Earn Ethereum (ETH) is the second-largest cryptocurrency by market cap and a leader in its Web3 and decentralized finance (DeFi) niche. Up nearly 100% in 2023, ETH investors now turn their eyes to the token’s performance in 2024. In particular, Finbold recurred to Grok’s AI for insights on the price of Ethereum for the end of the year. Grok is an artificial intelligence model developed by xAI, a start-up founded by Elon Musk and directly connected to X. Notably, Grok sets the most likely range for the end of the year between $4,000 and $5,000 per ETH. According to the AI, the maximum Ethereum can reach in 2024 is $6,500, while the minimum is $2,500. The artificial intelligence forecast is extremely bullish because ETH currently trades at $2,306 by press time. However, Grok shows inaccuracy because the market is already below the minimum. For context, Finbold prompted the AI with the current prices; thus, it was aware of this information Our Ethereum price prediction for the end of 2024 takes into account various factors, such as the successful Shanghai upgrade, the transition to Proof-of-Stake, and the potential for Ethereum ETFs. The Ethereum ecosystem’s growth, as well as the impact of the Dencun Upgrade, are also considered. With a projected minimum price of $2,300, a maximum of $6,500, and an average of $4,000, Ethereum has the potential to experience significant gains in 2024.” Nevertheless, its justification is solid and considers recent or current events possibly impacting Ethereum’s value. It is also notable how Grok fixed the minimum to what ETH is currently trading at. Therefore, a run to the aforementioned average at $4,000 is likely and would result in a 74% yearly price appreciation In a bullish outlook, ETH could see a surge superior to 180% to its maximum. This is an attractive case of a great risk-reward opportunity if Grok is proven right moving forward #Write2Earn #TrendingTopic #TradeNTell $ETH
Grok AI predicts Ethereum price for the end of 2024 #Write2Earn

Ethereum (ETH) is the second-largest cryptocurrency by market cap and a leader in its Web3 and decentralized finance (DeFi) niche. Up nearly 100% in 2023, ETH investors now turn their eyes to the token’s performance in 2024.

In particular, Finbold recurred to Grok’s AI for insights on the price of Ethereum for the end of the year. Grok is an artificial intelligence model developed by xAI, a start-up founded by Elon Musk and directly connected to X.

Notably, Grok sets the most likely range for the end of the year between $4,000 and $5,000 per ETH. According to the AI, the maximum Ethereum can reach in 2024 is $6,500, while the minimum is $2,500.

The artificial intelligence forecast is extremely bullish because ETH currently trades at $2,306 by press time. However, Grok shows inaccuracy because the market is already below the minimum. For context, Finbold prompted the AI with the current prices; thus, it was aware of this information Our Ethereum price prediction for the end of 2024 takes into account various factors, such as the successful Shanghai upgrade, the transition to Proof-of-Stake, and the potential for Ethereum ETFs. The Ethereum ecosystem’s growth, as well as the impact of the Dencun Upgrade, are also considered. With a projected minimum price of $2,300, a maximum of $6,500, and an average of $4,000, Ethereum has the potential to experience significant gains in 2024.”

Nevertheless, its justification is solid and considers recent or current events possibly impacting Ethereum’s value. It is also notable how Grok fixed the minimum to what ETH is currently trading at. Therefore, a run to the aforementioned average at $4,000 is likely and would result in a 74% yearly price appreciation

In a bullish outlook, ETH could see a surge superior to 180% to its maximum. This is an attractive case of a great risk-reward opportunity if Grok is proven right moving forward
#Write2Earn #TrendingTopic #TradeNTell
$ETH
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🚀 Unveiling a Hidden Gem with 50X Potential! 🕵️‍♂️

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#HiddenGem #CryptoPotential #TradeNTell #Write2Earn #CryptoGems $BTC $SOL
3 Cryptos to Buy Before the Coming Ethereum Upgrade. #Write2Earn $ETH $BTC The upcoming Dencun upgrade could lift these cryptos to new highs The Dencun upgrade could supercharge the development and usage of these Web 3.0 applications. Ethereum (ETH-USD): As the backbone for Web 3.0 apps, Ethereum benefits greatly from scalability upgrades. Optimism (OP-USD): This layer 2 scaling solution utilizing optimistic rollups is poised to capitalize on Ethereum’s push to scale. 0xGasless (0XGAS-USD): This project removes adoption barriers that could unlock Ethereum’s total addressable market. Elon Musk’s “Project Omega” May Be Set to Mint New Millionaires. #Write2Earn #EthereumAirdrop #TrendingTopic
3 Cryptos to Buy Before the Coming Ethereum Upgrade. #Write2Earn $ETH $BTC

The upcoming Dencun upgrade could lift these cryptos to new highs The Dencun upgrade could supercharge the development and usage of these Web 3.0 applications.

Ethereum (ETH-USD): As the backbone for Web 3.0 apps, Ethereum benefits greatly from scalability upgrades.

Optimism (OP-USD): This layer 2 scaling solution utilizing optimistic rollups is poised to capitalize on Ethereum’s push to scale.

0xGasless (0XGAS-USD): This project removes adoption barriers that could unlock Ethereum’s total addressable market.

Elon Musk’s “Project Omega” May Be Set to Mint New Millionaires.
#Write2Earn #EthereumAirdrop #TrendingTopic
Google Bard Forecasts Bullish Year for SHIB in 2024. #TrendingTopic #Write2Earn With Shibarium primed to unlock more use cases for SHIB in 2024, we asked the AI model Google Bard for its expert price prediction. Bard highlighted several bullish factors that could boost SHIB over the next 12 months. Firstly, if Shibarium adoption continues rising, reduced fees may incentivize usage and lift demand for SHIB. Secondly, expanding real-world use cases beyond speculation, like payments or DeFi integration, would improve Shiba Inu’s value proposition. Lastly, a renewed crypto bull market could indirectly benefit SHIB via positive investor sentiment. Considering these factors, Bard set a wide price range for SHIB. On the low end, moderate Shibarium growth and a neutral market could see SHIB trade between $0.00002 and $0.0005 this year. More optimistically, surging Shibarium adoption and significant new use cases could push SHIB as high as $0.0005. Overall, Google Bard is clearly optimistic about Shiba Inu’s future – which will be music to the ears of long-term holders. #Write2Earn #PYTH #link
Google Bard Forecasts Bullish Year for SHIB in 2024. #TrendingTopic #Write2Earn

With Shibarium primed to unlock more use cases for SHIB in 2024, we asked the AI model Google Bard for its expert price prediction.

Bard highlighted several bullish factors that could boost SHIB over the next 12 months.

Firstly, if Shibarium adoption continues rising, reduced fees may incentivize usage and lift demand for SHIB.

Secondly, expanding real-world use cases beyond speculation, like payments or DeFi integration, would improve Shiba Inu’s value proposition.

Lastly, a renewed crypto bull market could indirectly benefit SHIB via positive investor sentiment.

Considering these factors, Bard set a wide price range for SHIB.

On the low end, moderate Shibarium growth and a neutral market could see SHIB trade between $0.00002 and $0.0005 this year.

More optimistically, surging Shibarium adoption and significant new use cases could push SHIB as high as $0.0005.

Overall, Google Bard is clearly optimistic about Shiba Inu’s future – which will be music to the ears of long-term holders.
#Write2Earn #PYTH #link
3 cryptocurrencies to avoid trading next week $JUP #Write2Earn #JUP #DYM #zeta #TrendingTopic In the expectation of a bull market for 2024 following the Bitcoin (BTC) halving, token airdrops are becoming popular again.Although rewarding for its participants, investors should avoid trading recently airdropped cryptocurrencies. This is because these tokens could experience massive sell-offs in the short term, with early receivers realizing their prize.Interestingly, the larger the number of tokens airdropped, the more likely this token will trend with these holders trying to promote the asset to get enough liquidity for realization. In this context, Finbold picked three cryptocurrencies trending due to recent massive airdrops that investors should avoid trading next week.Avoid trading Dymension (DYM) IOU tokenFirst, Dymension’s (DYM) airdrop attracted speculators and is currently trending due to its mainnet launch on February 6. Therefore, the DYM distribution airdropped an IOU token – not the real native asset that will launch within the mainnet.More than the usual risks of trading a recently distributed cryptocurrency, Dymension also exposes traders to liquidity risks as people will redeem the IOU synthetic asset for the real token.DYM’s IOU is trading at $4.69, keeping a relatively stable history since January 29. Thus, increasing the risks of a dump after the mainnet’s launch.Avoid trading Jupiter (JUP)Jupiter (JUP) is another trending cryptocurrency that was recently airdropped, and investors should avoid trading it next week.Notably, JUP has already experienced a massive drop of 50% from its initial value on January 31, from $1.27 to $0.63. This evidences what can happen with an airdropped token in its first stages. Still, Jupiter has only distributed 13.5% of its total supply, meaning more sell-offs are expected moving forward.Avoid trading ZetaChain (ZETA)Finally, ZetaChain (ZETA) is the third cryptocurrency to avoid trading following its airdrop. ZETA is trading in an uptrend from $0.817 to $1.78 at the time of publication. ZetaChain already has a market cap of $420 million, which is relatively high for a new project.In this aspect, ZETA is the most likely asset to experience a huge dump if the airdrop receivers decide to realize this gigantic profit.It is worth mentioning that highly promoted airdrops also become attractive targets for hackers. For that reason, people participating in these events must be extremely careful when clicking on links and connecting their wallets. Despite the risks, experienced traders can find great opportunities with airdrops or even trading these newly launched cryptocurrencies.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk

3 cryptocurrencies to avoid trading next week

$JUP #Write2Earn #JUP #DYM #zeta #TrendingTopic In the expectation of a bull market for 2024 following the Bitcoin (BTC) halving, token airdrops are becoming popular again.Although rewarding for its participants, investors should avoid trading recently airdropped cryptocurrencies. This is because these tokens could experience massive sell-offs in the short term, with early receivers realizing their prize.Interestingly, the larger the number of tokens airdropped, the more likely this token will trend with these holders trying to promote the asset to get enough liquidity for realization. In this context, Finbold picked three cryptocurrencies trending due to recent massive airdrops that investors should avoid trading next week.Avoid trading Dymension (DYM) IOU tokenFirst, Dymension’s (DYM) airdrop attracted speculators and is currently trending due to its mainnet launch on February 6. Therefore, the DYM distribution airdropped an IOU token – not the real native asset that will launch within the mainnet.More than the usual risks of trading a recently distributed cryptocurrency, Dymension also exposes traders to liquidity risks as people will redeem the IOU synthetic asset for the real token.DYM’s IOU is trading at $4.69, keeping a relatively stable history since January 29. Thus, increasing the risks of a dump after the mainnet’s launch.Avoid trading Jupiter (JUP)Jupiter (JUP) is another trending cryptocurrency that was recently airdropped, and investors should avoid trading it next week.Notably, JUP has already experienced a massive drop of 50% from its initial value on January 31, from $1.27 to $0.63. This evidences what can happen with an airdropped token in its first stages. Still, Jupiter has only distributed 13.5% of its total supply, meaning more sell-offs are expected moving forward.Avoid trading ZetaChain (ZETA)Finally, ZetaChain (ZETA) is the third cryptocurrency to avoid trading following its airdrop. ZETA is trading in an uptrend from $0.817 to $1.78 at the time of publication. ZetaChain already has a market cap of $420 million, which is relatively high for a new project.In this aspect, ZETA is the most likely asset to experience a huge dump if the airdrop receivers decide to realize this gigantic profit.It is worth mentioning that highly promoted airdrops also become attractive targets for hackers. For that reason, people participating in these events must be extremely careful when clicking on links and connecting their wallets. Despite the risks, experienced traders can find great opportunities with airdrops or even trading these newly launched cryptocurrencies.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk
3 no-brainer cryptocurrencies to buy in February#Write2Earn In this article, Finbold looked at the top 100 cryptocurrencies to find three no-brainer problem-solving projects. We limited our search to the 100 highest capitalized coins for proper risk management amid uncertainties following the Federal Reserve’s recent hint on macroeconomics. However, experienced investors can find real gems among the low-caps. First, Solana’s (SOL) current valuation is a no-brainer compared to its leading direct competitor, Ethereum (ETH). Solana is outperforming the decentralized finance (DeFi) and Web3 leader in different demand metrics. For example, Bitcoin and Solana deployed 75% of all NFTs in 2023. Also, SOL climbed the ranks of total value locked (TVL) in DeFi, accumulating over $1 billion in December. More recently, Solana dethroned Ethereum with the highest daily DEX volume, dominating decentralized trading. Meanwhile, SOL trades at $97.24 by press time, mostly limited by its comparatively high supply inflation. According to CoinMarketCap, Solana has a market value of $42.39 billion. Chainlink (LINK) Second, there is Chainlink (LINK), which has a unique proposition of connecting real-world data with the digital realm of cryptocurrencies. The leading Oracle platform could find a huge appeal in the market as traditional finance giants join Web3. For example, BlackRock sees value in tokenizing real-world assets, which could require Oracle solutions like Chainlink’s. An increased adoption could fuel the demand for LINK, making it a no-brainer cryptocurrency for February. Pendle (PENDLE) Finally, Pendle (PENDLE) is our third and riskier no-brainer pick, considering it is a relatively new project. According to CoinMarketCap description: PENDLE is ranked 96th with a $609.40 million capitalization, changing hands by $2.56 at the time of publication. Notably, cryptocurrency whales like Arthur Hayes are betting enthusiastically in this use case, making the token’s price recently skyrocket. #Write2Earn #TrendingTopic #BTC
3 no-brainer cryptocurrencies to buy in February#Write2Earn

In this article, Finbold looked at the top 100 cryptocurrencies to find three no-brainer problem-solving projects.

We limited our search to the 100 highest capitalized coins for proper risk management amid uncertainties following the Federal Reserve’s recent hint on macroeconomics. However, experienced investors can find real gems among the low-caps.

First, Solana’s (SOL) current valuation is a no-brainer compared to its leading direct competitor, Ethereum (ETH). Solana is outperforming the decentralized finance (DeFi) and Web3 leader in different demand metrics.

For example, Bitcoin and Solana deployed 75% of all NFTs in 2023. Also, SOL climbed the ranks of total value locked (TVL) in DeFi, accumulating over $1 billion in December. More recently, Solana dethroned Ethereum with the highest daily DEX volume, dominating decentralized trading.

Meanwhile, SOL trades at $97.24 by press time, mostly limited by its comparatively high supply inflation. According to CoinMarketCap, Solana has a market value of $42.39 billion.

Chainlink (LINK)

Second, there is Chainlink (LINK), which has a unique proposition of connecting real-world data with the digital realm of cryptocurrencies. The leading Oracle platform could find a huge appeal in the market as traditional finance giants join Web3.

For example, BlackRock sees value in tokenizing real-world assets, which could require Oracle solutions like Chainlink’s. An increased adoption could fuel the demand for LINK, making it a no-brainer cryptocurrency for February.

Pendle (PENDLE)

Finally, Pendle (PENDLE) is our third and riskier no-brainer pick, considering it is a relatively new project. According to CoinMarketCap description:

PENDLE is ranked 96th with a $609.40 million capitalization, changing hands by $2.56 at the time of publication. Notably, cryptocurrency whales like Arthur Hayes are betting enthusiastically in this use case, making the token’s price recently skyrocket.
#Write2Earn #TrendingTopic #BTC
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