Ali Adnan Arain
@Alee786
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Guys .. i just received my reward voucher of 0.007 $BNB . Go and check in Rewards hub and see how much did u get .
Let's grow together ✌🏻
#Rewards #BinanceSquare
#BNB
Guys .. i just received my reward voucher of 0.007 $BNB . Go and check in Rewards hub and see how much did u get .
Let's grow together ✌🏻
#Rewards #BinanceSquare
#BNB
$BNB
Binance Square Official
--
The global number of crypto users has now surpassed 18 million, marking a major milestone for adoption.
What does this mean for the future of the crypto market? Will this growth drive even more mainstream interest? Share your thoughts and insights!
Create a post with #CryptoUsersHit18M or the $BNB Coinpair to earn Binance points. (Creator Center > Check-in)
Your post can include the following:
-Analyze the trends and factors contributing to the increase in crypto users.
-Highlight recent technological developments that have made cryptocurrencies more accessible and user-friendly.
-Discuss the role of innovations like decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain scalability solutions.
What does this mean for the future of the crypto market? Will this growth drive even more mainstream interest? Share your thoughts and insights!
Create a post with #CryptoUsersHit18M or the $BNB Coinpair to earn Binance points. (Creator Center > Check-in)
Your post can include the following:
-Analyze the trends and factors contributing to the increase in crypto users.
-Highlight recent technological developments that have made cryptocurrencies more accessible and user-friendly.
-Discuss the role of innovations like decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain scalability solutions.
Xai
Quoted content has been removed
Have a good day
Hello everyone❤️
good deals to buy!!
$ROSE
good deals to buy!!
$ROSE
666
Quoted content has been removed
是的
万万没想到
马斯克icon刚刚突然表态了
12月7日，美国icon亿万富翁埃隆·马斯克icon在社交媒体上发文，表示他不会利用自己在特朗普icon政府中与日俱增的影响力去打击或报复行业竞争对手。这番表态引发外界热议，毕竟，马斯克一向以大胆直言和充满争议的商业手段著称。近年来，马斯克在多领域势头迅猛，从电动车到太空探索，再到社交媒体，几乎无处不在。他与美国政坛的互动也越来越频繁，尤其是他在一些关键政策问题上的立场，让人看到了他的政治抱负。而这种情况下，他公开表态“不会报复竞争对手”，不禁让人联想到历史上一些商业巨头利用权力为私利服务的案例，比如洛克菲勒icon的垄断帝国，最终引发了反垄断法的诞生。然而，问题的关键在于，马斯克真的能始终如一地保持这种“大度”吗？商界本就竞争激烈，尤其是在技术领域，利益冲突不可避免。你觉得，一个在商场上攻城略地的企业家，能否真正做到在政治上“不伤人”？
马斯克icon刚刚突然表态了
12月7日，美国icon亿万富翁埃隆·马斯克icon在社交媒体上发文，表示他不会利用自己在特朗普icon政府中与日俱增的影响力去打击或报复行业竞争对手。这番表态引发外界热议，毕竟，马斯克一向以大胆直言和充满争议的商业手段著称。近年来，马斯克在多领域势头迅猛，从电动车到太空探索，再到社交媒体，几乎无处不在。他与美国政坛的互动也越来越频繁，尤其是他在一些关键政策问题上的立场，让人看到了他的政治抱负。而这种情况下，他公开表态“不会报复竞争对手”，不禁让人联想到历史上一些商业巨头利用权力为私利服务的案例，比如洛克菲勒icon的垄断帝国，最终引发了反垄断法的诞生。然而，问题的关键在于，马斯克真的能始终如一地保持这种“大度”吗？商界本就竞争激烈，尤其是在技术领域，利益冲突不可避免。你觉得，一个在商场上攻城略地的企业家，能否真正做到在政治上“不伤人”？
塔可小窝
#pepe⚡
《正确的等待————迎来收获时刻》
板块轮动的分终究还是吹回到了MEME板块，我们在埋伏一个又一个板块，吃了一波又一波以后，MEME的这一波反弹，让我们的盈利继续扩大
PEPE我们在0.00001990附近和0.00001750附近分批补仓入场，只在0.00002060附近减仓，塔可给的下一减仓位置是在0.0002360附近，今天的最高价价格来到了0.00002391，让我们收益继续扩大
FLOKI我们在0.00023附近和0.000217附近分批补仓入场，只在0.00024附近减仓，塔可给的下一减仓位置是在0.00027附近，今天的最高价格来到了0.000273，让我们收益继续扩大
WIF我们在3.17附近和3.05附近分批补仓入场，只在3.35附近减仓，塔可给的下一减仓位置是在3.9附近，今日变更到3.8附近，今天最高价格来到了3.906，不管是3.8还是3.9都让我们收益继续在扩大
还有塔可小窝里0.00068附近埋伏的Dogs，至今也有近40个点的收益，0.6附近埋伏的tnsr，至今也有近40个点的收益，0.45附近埋伏的PYTH至今也有近20个点的收益，3.47附近埋伏的Sui至今也有近30个点的收益
下一波热点，塔可预测sol生态会有不错的表现，关注塔可主页，让你埋伏在行情启动前，并在相对高位进行减仓，这是塔可一直在做的事情
#BTC走势分析
#加密市场反弹
#山寨季何时到来？
#美联储何时降息？
《正确的等待————迎来收获时刻》
板块轮动的分终究还是吹回到了MEME板块，我们在埋伏一个又一个板块，吃了一波又一波以后，MEME的这一波反弹，让我们的盈利继续扩大
PEPE我们在0.00001990附近和0.00001750附近分批补仓入场，只在0.00002060附近减仓，塔可给的下一减仓位置是在0.0002360附近，今天的最高价价格来到了0.00002391，让我们收益继续扩大
FLOKI我们在0.00023附近和0.000217附近分批补仓入场，只在0.00024附近减仓，塔可给的下一减仓位置是在0.00027附近，今天的最高价格来到了0.000273，让我们收益继续扩大
WIF我们在3.17附近和3.05附近分批补仓入场，只在3.35附近减仓，塔可给的下一减仓位置是在3.9附近，今日变更到3.8附近，今天最高价格来到了3.906，不管是3.8还是3.9都让我们收益继续在扩大
还有塔可小窝里0.00068附近埋伏的Dogs，至今也有近40个点的收益，0.6附近埋伏的tnsr，至今也有近40个点的收益，0.45附近埋伏的PYTH至今也有近20个点的收益，3.47附近埋伏的Sui至今也有近30个点的收益
下一波热点，塔可预测sol生态会有不错的表现，关注塔可主页，让你埋伏在行情启动前，并在相对高位进行减仓，这是塔可一直在做的事情
#BTC走势分析
#加密市场反弹
#山寨季何时到来？
#美联储何时降息？
Top Altcoins to Invest in Now: Handpicked Selections from Layer One, AI, RWA, and More
Recent political developments, such as the increasing likelihood of Trump becoming the next US president, have contributed to this shift in market sentiment. The market’s current phase is primed for gains, and now might be the last chance to enter before the most volatile part of the bull market begins.
Sui and Aptos: Both platforms have shown promising potential. The analyst prefers Sui, highlighting its strong traction.
Arweave (AR): Known for its decentralized storage solution, Arweave has indexed about 15% of the internet’s pages. Currently priced at $30, the analyst projects it to reach $80. Despite possible short-term fluctuations, the long-term outlook is bullish.
Artificial intelligence (AI) is revolutionizing various sectors, including crypto. The analyst suggests:
Base Protocol: Touted as the top AI play, Base offers significant potential for those willing to take calculated risks.
Near Protocol: Another strong AI contender, suitable for investors with a high-risk tolerance.
Tokenizing real-world assets is a rapidly growing trend. His key picks include:
Mantra: Identified as a leading player in real-world asset tokenization, Mantra is making notable strides, including a new USDY vault and strategic deals in the UAE.
Axelar: Positioned as an interoperability bridge, Axelar could capitalize on the potential $16 trillion market for tokenized assets by 2030.
The analyst also discussed the importance of cross-chain interoperability and decentralized finance (DeFi). His picks are:
Rune: A strong player in the cross-chain narrative, Rune offers impressive stats and growth potential.
GMX and Aerodrome: For exposure to DeFi and perpetual trading, GMX and Aerodrome on the Base protocol are recommended.
The gaming sector and memecoins also present high-reward opportunities. A diversified approach is suggested, with options like Pepe Coin and others that can be staked for additional returns.
#BinanceTurns7 #BinanceTournament #Write2Earn! #altsesaon
Recent political developments, such as the increasing likelihood of Trump becoming the next US president, have contributed to this shift in market sentiment. The market’s current phase is primed for gains, and now might be the last chance to enter before the most volatile part of the bull market begins.
Sui and Aptos: Both platforms have shown promising potential. The analyst prefers Sui, highlighting its strong traction.
Arweave (AR): Known for its decentralized storage solution, Arweave has indexed about 15% of the internet’s pages. Currently priced at $30, the analyst projects it to reach $80. Despite possible short-term fluctuations, the long-term outlook is bullish.
Artificial intelligence (AI) is revolutionizing various sectors, including crypto. The analyst suggests:
Base Protocol: Touted as the top AI play, Base offers significant potential for those willing to take calculated risks.
Near Protocol: Another strong AI contender, suitable for investors with a high-risk tolerance.
Tokenizing real-world assets is a rapidly growing trend. His key picks include:
Mantra: Identified as a leading player in real-world asset tokenization, Mantra is making notable strides, including a new USDY vault and strategic deals in the UAE.
Axelar: Positioned as an interoperability bridge, Axelar could capitalize on the potential $16 trillion market for tokenized assets by 2030.
The analyst also discussed the importance of cross-chain interoperability and decentralized finance (DeFi). His picks are:
Rune: A strong player in the cross-chain narrative, Rune offers impressive stats and growth potential.
GMX and Aerodrome: For exposure to DeFi and perpetual trading, GMX and Aerodrome on the Base protocol are recommended.
The gaming sector and memecoins also present high-reward opportunities. A diversified approach is suggested, with options like Pepe Coin and others that can be staked for additional returns.
#BinanceTurns7 #BinanceTournament #Write2Earn! #altsesaon
$BTC
$ETH
$BNB
🔥🔥Bitcoin Leads Market with 4.6% Rise Amid Altcoin Rally🔥🔥
Bitcoin and major altcoins are showing significant movements in the market as of July 6.
At the time of writing, Bitcoin has gained significantly and is trading at $56,517, up 4.6%. The value of Bitcoin in Turkish lira was determined as 1,921,111 TL. Ethereum (ETH) also turns positive with an increase of 5.1%, showing its price at $3,002. On the other hand, Binance Coin (BNB) is trading at $476, down 11.2%. Ripple (XRP) is trading at $0.433, up 8.4%, while Solana (SOL) is up 9% at around $136. Dogecoin (DOGE) reached $0.109 with a significant increase of 14.2%, while Toncoin (TON) increased by 14.3% and traded at $7.55. Dogwifhat (WIF) stands out as the highest-earning altcoin with a 23.9% increase in the last 24 hours, currently trading at $1.98. Additionally, Zebec Protocol (ZBC) is trading at $0.0174, down 1.4%.
The Dollar Index (DXY) is at 105.3, indicating that the market is relatively stable. While Bitcoin's market cap is around $1.11 trillion, the total market cap of the crypto industry is around $2.18 trillion. The 24-hour transaction volume in the crypto market is around 109 billion dollars. While $193 million was liquidated from the crypto market in the last 24 hours, this affected more than 56,000 investors. While 73.08% of these liquidations came from short positions, the most liquidated asset was Bitcoin.
My dear friends, do not hesitate to give your free support. I am trying to bring such news to you instantly. My only request from you is that if there is anyone who does not follow me yet, I would be happy if they follow me. Do not forget to like my articles and posts. Thank you.
$ETH
$BNB
🔥🔥Bitcoin Leads Market with 4.6% Rise Amid Altcoin Rally🔥🔥
Bitcoin and major altcoins are showing significant movements in the market as of July 6.
At the time of writing, Bitcoin has gained significantly and is trading at $56,517, up 4.6%. The value of Bitcoin in Turkish lira was determined as 1,921,111 TL. Ethereum (ETH) also turns positive with an increase of 5.1%, showing its price at $3,002. On the other hand, Binance Coin (BNB) is trading at $476, down 11.2%. Ripple (XRP) is trading at $0.433, up 8.4%, while Solana (SOL) is up 9% at around $136. Dogecoin (DOGE) reached $0.109 with a significant increase of 14.2%, while Toncoin (TON) increased by 14.3% and traded at $7.55. Dogwifhat (WIF) stands out as the highest-earning altcoin with a 23.9% increase in the last 24 hours, currently trading at $1.98. Additionally, Zebec Protocol (ZBC) is trading at $0.0174, down 1.4%.
The Dollar Index (DXY) is at 105.3, indicating that the market is relatively stable. While Bitcoin's market cap is around $1.11 trillion, the total market cap of the crypto industry is around $2.18 trillion. The 24-hour transaction volume in the crypto market is around 109 billion dollars. While $193 million was liquidated from the crypto market in the last 24 hours, this affected more than 56,000 investors. While 73.08% of these liquidations came from short positions, the most liquidated asset was Bitcoin.
My dear friends, do not hesitate to give your free support. I am trying to bring such news to you instantly. My only request from you is that if there is anyone who does not follow me yet, I would be happy if they follow me. Do not forget to like my articles and posts. Thank you.
Here are Some Advices For You to Become Profitable in Future Trading👇
1. Liquidity Risk: Trade on highly liquid contracts to ensure smooth order execution and avoid slippage.
2. Counter-Trend Trading: Approach counter-trend trading with caution due to its higher risk profile.
3. Volatility Expansion: Anticipate volatility expansion during news events or market announcements.
4. Risk Parity Rebalancing Frequency: Determine the optimal frequency for rebalancing your risk parity portfolio.
5. Tail Risk Hedging: Explore options strategies to hedge against tail risk events (extreme market movements).
#SOFR_Spike #US_Job_Market_Slowdown #SOFR_Spike
#BinanceTournament #Megadrop
1. Liquidity Risk: Trade on highly liquid contracts to ensure smooth order execution and avoid slippage.
2. Counter-Trend Trading: Approach counter-trend trading with caution due to its higher risk profile.
3. Volatility Expansion: Anticipate volatility expansion during news events or market announcements.
4. Risk Parity Rebalancing Frequency: Determine the optimal frequency for rebalancing your risk parity portfolio.
5. Tail Risk Hedging: Explore options strategies to hedge against tail risk events (extreme market movements).
#SOFR_Spike #US_Job_Market_Slowdown #SOFR_Spike
#BinanceTournament #Megadrop
DePIN is the Next Big Thing in Crypto and You Don’t Want to Miss It!
Image if you could ditch the expensive cell service plans and unreliable Wi-Fi connections. What if, instead, you could tap into a global network powered by everyday people and their devices?
This is the ambitious vision behind DePINs, or Decentralized Physical Infrastructure Networks.
DePINs are a revolutionary new concept that leverages blockchain technology to create a more democratic, efficient, and frankly, way cooler, way to manage physical infrastructure.
But what exactly is DePIN, and why is it generating so much excitement in the industry? Let’s find out!
Decentralizing the Physical World with DePINs
DePINs are networks that leverage blockchain technology’s decentralization to manage and operate real-world infrastructure. These networks encompass various sectors, from telecommunications to storage and computation. Unlike centralized networks controlled by a single entity, DePINs typically use blockchain-based tokens to incentivize individuals to contribute to the network.
What intrigues me most about DePIN is its use of blockchain-based tokens to incentivize network participation. It’s almost like taking the model of Bitcoin mining and applying it to the real world. Just as Bitcoin miners are rewarded for verifying transactions, DePIN networks offer tokens to people who contribute to the infrastructure.
This creates a virtuous cycle — as more people join the network, the value of the tokens increases, which in turn attracts even more participants. It’s a brilliant way to harness the power of tokenization to build a self-sustaining ecosystem.
Also read These 3 TON Projects Will Make You Rich in 2024
Examples of DePIN Projects in Action
Two of the most prominent DePIN projects are Helium and Filecoin. Helium is a Solana-based network that pays people to host wireless hotspots, building a decentralized mobile network. Filecoin, on the other hand, is a decentralized data storage system that incentivizes users to offer their spare storage space.
But DePIN isn’t limited to just communication and data storage. Other projects are exploring its potential in areas like mapping (Hivemapper Network) and 3D rendering (Render Network). The common thread is the ability to create more democratic, efficient, and scalable infrastructure.
This network boasts the capacity to store billions of gigabytes of data, eliminating the risks associated with centralized data storage, such as censorship, hacking, and outages.
One factor that has become clear to me is the crucial role of the underlying blockchain platform.
Many leading DePIN initiatives, including Helium and Filecoin, have chosen to build on the Solana blockchain. Solana’s fast transaction speeds and low fees make it an ideal choice for handling the high volume of data and interactions required by DePIN networks.
With that, we can say the future of Crypto is Bright
As I look toward the future, I can’t help but feel excited about the potential of DePIN. While the adoption of these decentralized physical infrastructure networks is still in its early stages, the promise of a more democratic, efficient, and scalable approach to building and maintaining real-world infrastructure is truly compelling.
As more projects emerge and demonstrate the viability of this concept, I believe the future of DePIN could be poised for significant growth in the years to come.
Learn more about DePIN below!
https://www.youtube.com/watch?v=qmw5DorMr6E
Follow me on Substack at TheLuWizz (@theluwizz) to receive exclusive crypto updates and important alerts so avoid getting scammed. Get these insights for FREE! Straight to your inbox.
This is the ambitious vision behind DePINs, or Decentralized Physical Infrastructure Networks.
DePINs are a revolutionary new concept that leverages blockchain technology to create a more democratic, efficient, and frankly, way cooler, way to manage physical infrastructure.
But what exactly is DePIN, and why is it generating so much excitement in the industry? Let’s find out!
Decentralizing the Physical World with DePINs
DePINs are networks that leverage blockchain technology’s decentralization to manage and operate real-world infrastructure. These networks encompass various sectors, from telecommunications to storage and computation. Unlike centralized networks controlled by a single entity, DePINs typically use blockchain-based tokens to incentivize individuals to contribute to the network.
What intrigues me most about DePIN is its use of blockchain-based tokens to incentivize network participation. It’s almost like taking the model of Bitcoin mining and applying it to the real world. Just as Bitcoin miners are rewarded for verifying transactions, DePIN networks offer tokens to people who contribute to the infrastructure.
This creates a virtuous cycle — as more people join the network, the value of the tokens increases, which in turn attracts even more participants. It’s a brilliant way to harness the power of tokenization to build a self-sustaining ecosystem.
Also read These 3 TON Projects Will Make You Rich in 2024
Examples of DePIN Projects in Action
Two of the most prominent DePIN projects are Helium and Filecoin. Helium is a Solana-based network that pays people to host wireless hotspots, building a decentralized mobile network. Filecoin, on the other hand, is a decentralized data storage system that incentivizes users to offer their spare storage space.
But DePIN isn’t limited to just communication and data storage. Other projects are exploring its potential in areas like mapping (Hivemapper Network) and 3D rendering (Render Network). The common thread is the ability to create more democratic, efficient, and scalable infrastructure.
This network boasts the capacity to store billions of gigabytes of data, eliminating the risks associated with centralized data storage, such as censorship, hacking, and outages.
One factor that has become clear to me is the crucial role of the underlying blockchain platform.
Many leading DePIN initiatives, including Helium and Filecoin, have chosen to build on the Solana blockchain. Solana’s fast transaction speeds and low fees make it an ideal choice for handling the high volume of data and interactions required by DePIN networks.
With that, we can say the future of Crypto is Bright
As I look toward the future, I can’t help but feel excited about the potential of DePIN. While the adoption of these decentralized physical infrastructure networks is still in its early stages, the promise of a more democratic, efficient, and scalable approach to building and maintaining real-world infrastructure is truly compelling.
As more projects emerge and demonstrate the viability of this concept, I believe the future of DePIN could be poised for significant growth in the years to come.
Learn more about DePIN below!
https://www.youtube.com/watch?v=qmw5DorMr6E
Follow me on Substack at TheLuWizz (@theluwizz) to receive exclusive crypto updates and important alerts so avoid getting scammed. Get these insights for FREE! Straight to your inbox.
T
his Chinese kiddo lost $6B.
He may appear young, but his journey holds valuable lessons for both new and pros in crypto 👇 It all started back in the early days of Bitcoin16-year-old Zhao Tong was fascinated by the tech and he was determined to get involved.However, due to the lack of reputable crypto exchanges, buying Bitcoin was quite challenging.
Long story short, he bought his first BTC...right before the infamous Mt. Gox crash that tanked the price.
Zhao's holdings lost 99% of their value overnight- a loss that would be worth over $6 billion today.
Rather than give up, Zhao doubled down and in just FOUR DAYS he built his own exchange, Bitcoinica.
He created one of the first platforms to offer cutting-edge features like margin trading and it was an INSTANT hit.
With no marketing and basic security, it was rivalling the biggest players with $40 million in monthly volume.
In two weeks, Zhao had made 2,000 $BTC
Tong's youth and inexperience understandably raised some concerns about security but Bitcoinica continued expanding rapidly.
Investors approached Tong with an offer to purchase the exchange and as a student with exams coming up, he agreed to sell.
Zhao made the decision to sell Bitcoinica to a larger company called Wendon Group looking to expand in the space.
Things were looking good...until hackers targeted Bitcoinica multiple times and stole over 100k BTC FROM USERS.
He didn't do anything wrong but his name became known with these hacks within the tight-knit crypto community.
Tong chose to step away from the industry. However, he did retain 1,000 BTC which he invested in a rare solid gold Casascius coin now valued at over $60 million.
This isn't a story of a story of wasted potential. It is a reminder to value the groundwork laid by those who took risks in Bitcoin's unpredictable early days.
There was no blueprint for building secure exchange infrastructure back in 2012, and even today major established players have suffered massive hacks and thefts.
We all need to be safe out here.
his Chinese kiddo lost $6B.
He may appear young, but his journey holds valuable lessons for both new and pros in crypto 👇 It all started back in the early days of Bitcoin16-year-old Zhao Tong was fascinated by the tech and he was determined to get involved.However, due to the lack of reputable crypto exchanges, buying Bitcoin was quite challenging.
Long story short, he bought his first BTC...right before the infamous Mt. Gox crash that tanked the price.
Zhao's holdings lost 99% of their value overnight- a loss that would be worth over $6 billion today.
Rather than give up, Zhao doubled down and in just FOUR DAYS he built his own exchange, Bitcoinica.
He created one of the first platforms to offer cutting-edge features like margin trading and it was an INSTANT hit.
With no marketing and basic security, it was rivalling the biggest players with $40 million in monthly volume.
In two weeks, Zhao had made 2,000 $BTC
Tong's youth and inexperience understandably raised some concerns about security but Bitcoinica continued expanding rapidly.
Investors approached Tong with an offer to purchase the exchange and as a student with exams coming up, he agreed to sell.
Zhao made the decision to sell Bitcoinica to a larger company called Wendon Group looking to expand in the space.
Things were looking good...until hackers targeted Bitcoinica multiple times and stole over 100k BTC FROM USERS.
He didn't do anything wrong but his name became known with these hacks within the tight-knit crypto community.
Tong chose to step away from the industry. However, he did retain 1,000 BTC which he invested in a rare solid gold Casascius coin now valued at over $60 million.
This isn't a story of a story of wasted potential. It is a reminder to value the groundwork laid by those who took risks in Bitcoin's unpredictable early days.
There was no blueprint for building secure exchange infrastructure back in 2012, and even today major established players have suffered massive hacks and thefts.
We all need to be safe out here.
🚨🚨 ALARMING NEWS, BREAKING alarm 🚨🚨
The MiCA Act has several significant impacts on the crypto market, outlined as follows:
Firstly, it simplifies authorization procedures. Crypto asset service providers (CASPs) with existing national licenses will find it easier to obtain MiCA authorization, facilitating cross-regional services within the EU.
Secondly, MiCA creates a unified market. This act brings standardized supervision across the EU, enhancing the market's competitiveness and attractiveness for businesses.
Thirdly, it restricts offshore companies. Unregulated companies will face challenges in attracting EU customers, which benefits compliant companies operating within the regulatory framework.
Fourthly, MiCA promotes institutional participation. The act is expected to encourage major banks and institutions to enter the crypto market and launch related services, broadening the market's scope and stability.
Fifthly, stablecoin issuance is affected. Issuers like Tether will face significant compliance challenges, including increased transparency and more frequent audits to meet regulatory standards.
Regarding DeFi, MiCA does not directly regulate fully decentralized projects. However, centralized DeFi projects will need to comply with the new regulations, affecting their operations.
Additionally, high compliance costs could drive some companies to relocate outside the EU, potentially stifling innovation within the region.
Finally, MiCA is poised to become a global standard for crypto regulation. However, its success will depend on effective implementation and enforcement in the future.
#NewsAboutCrypto #Write2Earn! #altcoins #ETH_ETFs_Approval_Predictions #BinanceTournament #Megadrop #Write2Earn!
The MiCA Act has several significant impacts on the crypto market, outlined as follows:
Firstly, it simplifies authorization procedures. Crypto asset service providers (CASPs) with existing national licenses will find it easier to obtain MiCA authorization, facilitating cross-regional services within the EU.
Secondly, MiCA creates a unified market. This act brings standardized supervision across the EU, enhancing the market's competitiveness and attractiveness for businesses.
Thirdly, it restricts offshore companies. Unregulated companies will face challenges in attracting EU customers, which benefits compliant companies operating within the regulatory framework.
Fourthly, MiCA promotes institutional participation. The act is expected to encourage major banks and institutions to enter the crypto market and launch related services, broadening the market's scope and stability.
Fifthly, stablecoin issuance is affected. Issuers like Tether will face significant compliance challenges, including increased transparency and more frequent audits to meet regulatory standards.
Regarding DeFi, MiCA does not directly regulate fully decentralized projects. However, centralized DeFi projects will need to comply with the new regulations, affecting their operations.
Additionally, high compliance costs could drive some companies to relocate outside the EU, potentially stifling innovation within the region.
Finally, MiCA is poised to become a global standard for crypto regulation. However, its success will depend on effective implementation and enforcement in the future.
#NewsAboutCrypto #Write2Earn! #altcoins #ETH_ETFs_Approval_Predictions #BinanceTournament #Megadrop #Write2Earn!
CKB Eco Fund Partners With Asset Management Project Mobit To Enhance BTC Ecosystem
CKB
$0.011976
+5.65%
According to BlockBeats, CKB Eco Fund announced a partnership with asset management project Mobit on July 1. The collaboration aims to provide users with a convenient asset management and trading experience, further promoting the development of the BTC ecosystem.
Mobit launched its V1 version today, which supports JoyID and features BTC, ETH, and CKB address search display functions. In the future, it plans to support various Bitcoin layer-one asset protocols, continuously optimizing the user asset management experience. It aims to become a multi-chain asset management platform for the BTC and CKB ecosystems, providing reliable and efficient infrastructure for users' automatic asset management and value enhancement.
$CKB
CKB
$0.011976
+5.65%
According to BlockBeats, CKB Eco Fund announced a partnership with asset management project Mobit on July 1. The collaboration aims to provide users with a convenient asset management and trading experience, further promoting the development of the BTC ecosystem.
Mobit launched its V1 version today, which supports JoyID and features BTC, ETH, and CKB address search display functions. In the future, it plans to support various Bitcoin layer-one asset protocols, continuously optimizing the user asset management experience. It aims to become a multi-chain asset management platform for the BTC and CKB ecosystems, providing reliable and efficient infrastructure for users' automatic asset management and value enhancement.
$CKB
🔴🔴 SUDDENLY BREAKING ALERT 🔴🔴
### Major Announcement Incoming! ###
In approximately 30 minutes, the United States is scheduled to release its May Personal Consumption Expenditures (PCE) data, a crucial inflation indicator closely watched by the Federal Open Market Committee (FOMC).
Advance forecasts suggest that the upcoming data may bring relief to the current bear market, indicating promising inflation trends.
According to comprehensive predictions based on unpublished US Commerce Bureau data, the overall month-on-month PCE growth rate is expected to remain unchanged from the previous month, a first in 23 years. Moreover, the core PCE, which excludes volatile categories like food and energy prices, is projected to show its lowest year-on-year growth rate since March 2021, when it initially surpassed the FOMC's 2% target.
Additionally, personal income and consumer expenditure data from the Commerce Bureau predict month-on-month increases of 0.4% and 0.3%, respectively. If these forecasts prove accurate, it will mark a significant milestone in the US's efforts to combat inflation.
#MtGoxJulyRepayments #BinanceTournament #ETH_ETFs_Approval_Predictions
$NOT $PEPE
$LDO #Write2Earn!
### Major Announcement Incoming! ###
In approximately 30 minutes, the United States is scheduled to release its May Personal Consumption Expenditures (PCE) data, a crucial inflation indicator closely watched by the Federal Open Market Committee (FOMC).
Advance forecasts suggest that the upcoming data may bring relief to the current bear market, indicating promising inflation trends.
According to comprehensive predictions based on unpublished US Commerce Bureau data, the overall month-on-month PCE growth rate is expected to remain unchanged from the previous month, a first in 23 years. Moreover, the core PCE, which excludes volatile categories like food and energy prices, is projected to show its lowest year-on-year growth rate since March 2021, when it initially surpassed the FOMC's 2% target.
Additionally, personal income and consumer expenditure data from the Commerce Bureau predict month-on-month increases of 0.4% and 0.3%, respectively. If these forecasts prove accurate, it will mark a significant milestone in the US's efforts to combat inflation.
#MtGoxJulyRepayments #BinanceTournament #ETH_ETFs_Approval_Predictions
$NOT $PEPE
$LDO #Write2Earn!
👀 Terra Classic Community Claims Coinbase-Backed Karak Stole 200M USTC
LUNC News: Terra Luna Classic community members seek 200 million USTC from Coinbase and Pantera Capital-backed Karak Network, claiming Karak co-founder Raouf Ben-Har has stolen the crypto asset worth millions.
Meanwhile, the community has made significant efforts to remove 93 million LUNC and 87 million USTC in the Terra Shuttle Bridge (BSC) contract from circulating supply.
🔸 Terra Luna Classic Seeks 200 Million USTC
Terra Luna Classic developer RedlineDrifter reignited buzz in the community regarding the missing 200 million USTC. He alleges that Coinbase and Pantera Capital-backed Karak Network has not returned USTC worth $8 million that belongs to the community.
RedlineDrifter pointed out Karak Network co-founder Raouf Ben-Har for missing crypto assets that date back to when he operated under Risk Harbor. The Risk Harbor team is now rebranded to Andalusia Labs. The Terra Luna Classic community claims Risk Harbor team used an admin function to withdraw 200 million UST (now USTC).
The community member joined BNB Chain X space featuring Karak Network, Lista DAO, and Listapie to ask about the missing 200 million USTC. Notably, Terra Luna Classic community has burned 800 million USTC and taken out of circulating supply.
“No user funds were ever touched. Foundation sold UST that the Terra Foundation minted and provided (which eventually dissolved) for pennies on the dollar after riding it down to 0, which will carry forward to Karak. Simple as that.” said Victor Cheng, CSO at Karak Network.
🔺 Also Read: [LISTA DAO makes the world of defi easier and wants to give a lot of percentage to their holders](https://www.binance.com/en/square/post/10083484804049)
🔸 USTC and LUNC Prices Performance
USTC price trades at $0.01808, down 1% in the last 24 hours. The 24-hour low and high are $0.01803 and $0.01842, respectively. Trading volume has decreased by 32%, indicating a dip in interest among traders.
$LUNC #LUNC✅ #USTC #Write2Earn!
LUNC News: Terra Luna Classic community members seek 200 million USTC from Coinbase and Pantera Capital-backed Karak Network, claiming Karak co-founder Raouf Ben-Har has stolen the crypto asset worth millions.
Meanwhile, the community has made significant efforts to remove 93 million LUNC and 87 million USTC in the Terra Shuttle Bridge (BSC) contract from circulating supply.
🔸 Terra Luna Classic Seeks 200 Million USTC
Terra Luna Classic developer RedlineDrifter reignited buzz in the community regarding the missing 200 million USTC. He alleges that Coinbase and Pantera Capital-backed Karak Network has not returned USTC worth $8 million that belongs to the community.
RedlineDrifter pointed out Karak Network co-founder Raouf Ben-Har for missing crypto assets that date back to when he operated under Risk Harbor. The Risk Harbor team is now rebranded to Andalusia Labs. The Terra Luna Classic community claims Risk Harbor team used an admin function to withdraw 200 million UST (now USTC).
The community member joined BNB Chain X space featuring Karak Network, Lista DAO, and Listapie to ask about the missing 200 million USTC. Notably, Terra Luna Classic community has burned 800 million USTC and taken out of circulating supply.
“No user funds were ever touched. Foundation sold UST that the Terra Foundation minted and provided (which eventually dissolved) for pennies on the dollar after riding it down to 0, which will carry forward to Karak. Simple as that.” said Victor Cheng, CSO at Karak Network.
🔺 Also Read: [LISTA DAO makes the world of defi easier and wants to give a lot of percentage to their holders](https://www.binance.com/en/square/post/10083484804049)
🔸 USTC and LUNC Prices Performance
USTC price trades at $0.01808, down 1% in the last 24 hours. The 24-hour low and high are $0.01803 and $0.01842, respectively. Trading volume has decreased by 32%, indicating a dip in interest among traders.
$LUNC #LUNC✅ #USTC #Write2Earn!
🔴🔴 Important Notice for Traders 🔴🔴
$SOL $NOT $BTC
Calling all futures traders! This update is critical for your strategy.
🔴 The Dangers of Leverage: A Deep Dive
I've stressed this point repeatedly: "Newcomers to crypto should avoid futures and leverage. Even seasoned traders with years of experience should proceed with caution." Let's delve into the impact of leverage on the crypto market.
🔴 Unpacking Leverage
Leverage allows you to trade with borrowed funds. For example, using $500 with 10X leverage means you can trade as if you had $5000. If the market drops by 10%, your position risks liquidation, prompting a series of sell-offs to cover the exchange's margin. This can trigger a chain reaction of sell orders, exacerbating price declines.
🔴 The Ripple Effect of High Leverage
Imagine a scenario where 100,000 traders are using 10X leverage on ETH across different levels. A modest 10% decline could trigger widespread liquidations, leading to cascading sell-offs and significant price drops. The risk of cascading liquidations increases the likelihood of flash crashes, where prices plummet rapidly within minutes.
🔴 Mitigating the Risk of Flash Crashes
Excessive leverage poses a clear risk of flash crashes, where ETH and other assets may experience sudden drops of 15-20% due to mass liquidations. This phenomenon mirrors challenges seen in traditional finance, particularly with banks and hedge funds.
Exercise prudence, trade wisely, and avoid excessive leverage to navigate these turbulent market conditions effectively. Your strategic decisions today can safeguard your investments tomorrow.
#BinanceTournament #MicroStrategy #Megadrop #Write2Earn! #altcoins
$SOL $NOT $BTC
Calling all futures traders! This update is critical for your strategy.
🔴 The Dangers of Leverage: A Deep Dive
I've stressed this point repeatedly: "Newcomers to crypto should avoid futures and leverage. Even seasoned traders with years of experience should proceed with caution." Let's delve into the impact of leverage on the crypto market.
🔴 Unpacking Leverage
Leverage allows you to trade with borrowed funds. For example, using $500 with 10X leverage means you can trade as if you had $5000. If the market drops by 10%, your position risks liquidation, prompting a series of sell-offs to cover the exchange's margin. This can trigger a chain reaction of sell orders, exacerbating price declines.
🔴 The Ripple Effect of High Leverage
Imagine a scenario where 100,000 traders are using 10X leverage on ETH across different levels. A modest 10% decline could trigger widespread liquidations, leading to cascading sell-offs and significant price drops. The risk of cascading liquidations increases the likelihood of flash crashes, where prices plummet rapidly within minutes.
🔴 Mitigating the Risk of Flash Crashes
Excessive leverage poses a clear risk of flash crashes, where ETH and other assets may experience sudden drops of 15-20% due to mass liquidations. This phenomenon mirrors challenges seen in traditional finance, particularly with banks and hedge funds.
Exercise prudence, trade wisely, and avoid excessive leverage to navigate these turbulent market conditions effectively. Your strategic decisions today can safeguard your investments tomorrow.
#BinanceTournament #MicroStrategy #Megadrop #Write2Earn! #altcoins