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Today's cryptocurrency news highlights several key developments:
1-Market Downturn: The global cryptocurrency market has seen a significant drop, with the total market cap falling by 5.4% to $2.23 trillion. Major coins like Bitcoin, Ethereum, Solana, and Dogecoin have all experienced declines. Bitcoin is currently trading around $57,197 and Ethereum at $3,142 (cryptonews).
2-Ripple Lawsuit: The ongoing SEC lawsuit against Ripple Labs over XRP's classification as a security might reach a resolution this month, with two crucial dates emerging in July (dailycoin).
3-Binance and Shiba Inu: Rumors about Binance delisting Shiba Inu (SHIB) have been addressed by the SHIB team, confirming that these rumors are false. Despite this, SHIB has lost its spot in the top 10 cryptocurrencies, overtaken by Tron (DailyCoin).
4-New Developments in Tokenization: In Dubai, $500 million in real estate is set to be tokenized on the blockchain, thanks to a partnership between MAG and MANTRA (DailyCoin).
5-Bitcoin Mining: As Bitcoin mining becomes less profitable, smaller operators are shutting down while larger public miners are increasing their mining capacity by acquiring more machines (Cryptonews).
6-Regulatory News: The Biden administration has proposed a 30% tax on the electricity used by Bitcoin miners, which could have unintended consequences on the development of sustainable energy solutions (Cryptonews).
#cryptonews #CryptoNewss #Market_Update #Rippleđ° #highlight
1-Market Downturn: The global cryptocurrency market has seen a significant drop, with the total market cap falling by 5.4% to $2.23 trillion. Major coins like Bitcoin, Ethereum, Solana, and Dogecoin have all experienced declines. Bitcoin is currently trading around $57,197 and Ethereum at $3,142 (cryptonews).
2-Ripple Lawsuit: The ongoing SEC lawsuit against Ripple Labs over XRP's classification as a security might reach a resolution this month, with two crucial dates emerging in July (dailycoin).
3-Binance and Shiba Inu: Rumors about Binance delisting Shiba Inu (SHIB) have been addressed by the SHIB team, confirming that these rumors are false. Despite this, SHIB has lost its spot in the top 10 cryptocurrencies, overtaken by Tron (DailyCoin).
4-New Developments in Tokenization: In Dubai, $500 million in real estate is set to be tokenized on the blockchain, thanks to a partnership between MAG and MANTRA (DailyCoin).
5-Bitcoin Mining: As Bitcoin mining becomes less profitable, smaller operators are shutting down while larger public miners are increasing their mining capacity by acquiring more machines (Cryptonews).
6-Regulatory News: The Biden administration has proposed a 30% tax on the electricity used by Bitcoin miners, which could have unintended consequences on the development of sustainable energy solutions (Cryptonews).
#cryptonews #CryptoNewss #Market_Update #Rippleđ° #highlight
Since Not coin is coming on Binance Here is what you should do when a new token launches on exchange
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem, gaming ,layer 1 or 2 or any other crypto narrative .
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $400 million.
7. Find out if it's purely a new coin or already trading on other exchanges.
8. Find out if there was a free airdrop of this token. As per available information so many #notcoin tokens have been airdropped to people and there was a launchpool as well
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours
- Let the coin build a base price.
Make your decisions .
Keep learning, Stay safe
#notcoin #bullish #everyone #highlight
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem, gaming ,layer 1 or 2 or any other crypto narrative .
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $400 million.
7. Find out if it's purely a new coin or already trading on other exchanges.
8. Find out if there was a free airdrop of this token. As per available information so many #notcoin tokens have been airdropped to people and there was a launchpool as well
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours
- Let the coin build a base price.
Make your decisions .
Keep learning, Stay safe
#notcoin #bullish #everyone #highlight
Binance Announcement
--
PEPE Simple Earn: Complete a Quiz to Earn 700,000 PEPE in Rewards & Enjoy Up to 9% Bonus Tiered APR!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is pleased to launch two new promotions for PEPE (PEPE)! New Simple Earn Locked Products users may learn more about PEPE and complete a quiz during the Promotion Period to receive a free 700,000 PEPE Locked Products position each. On top of that, users may also subscribe to PEPE on Simple Earn Flexible Products during the Promotion Period to enjoy an exclusive Bonus Tiered APR of up to 9% on top of Real-Time APR rewards.
Promotion 1: Complete a Quiz on PEPE to Receive 700,000 PEPE in Locked Products!
Promotion Period: 2024-02-23 14:00 (UTC) to 2024-03-07 06:00 (UTC)
The first 50,000 new Simple Earn Locked Products users who complete the quiz with all questions correctly answered during the Promotion Period, will be eligible to each receive a free 700,000 PEPE Locked Products position.
How to Participate:
Step 1: Correctly answer all questions in the quiz by referring to the information on the official PEPE website. Users may reattempt the quiz if they did not answer all the questions correctly.Step 2: The first 50,000 new Simple Earn Locked Products users who complete Step 1 will automatically receive a free 150-day PEPE Locked Products position by 2024-03-20 23:59 (UTC). Please note that users will not be able to participate in this promotion once all rewards are distributed.
Rewards (Locked Products):
Digital AssetPrincipal RewardLock DurationStandard APRPEPE700,000 PEPE150 Days10%
Click Here to Start the PEPE Quiz
Promotion 2: Enjoy Up To 9% Bonus Tiered APR with PEPE Simple Earn Flexible Products
Promotion Period: 2024-03-01 00:00 (UTC) to 2024-05-31 23:59 (UTC)
Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.Reward Payout:Bonus Tiered APR: Distributed to usersâ Spot Wallets on a daily basis.Real-Time APR: Accrued and directly accumulated in usersâ Earn Wallets every minute.
Offered Products (Flexible Products)
Digital AssetDurationAPR During Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserPEPEFlexibleTier 1Tier 210,000 PEPE1 Trillion PEPE10,000 - 500 Million PEPE> 500 Million PEPEReal-Time APR+ 9%Bonus Tiered APRReal-Time APR
About Binance Simple Earn:
Binance Simple Earn allows users to earn rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning rewards.
Please Note:
Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.Promotion 1:Only users who complete identity verification and correctly answer all questions in the quiz during the Promotion Period will be eligible to receive Promotion 1 rewards.PEPE rewards are only available to users who have never subscribed to Simple Earn Locked Products before 2024-02-23 10:00 (UTC). PEPE rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.Please note that the rewards are only available to users who are enabled to use Binance Simple Earn products. Rewards may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.For this promotion, users may not redeem their digital assets/digital currencies in advance.Promotion 2:Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the userâs Spot Wallet. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.All users who hold open positions for PEPE Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only. Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-02-23
Fellow Binancians,
Binance Simple Earn is pleased to launch two new promotions for PEPE (PEPE)! New Simple Earn Locked Products users may learn more about PEPE and complete a quiz during the Promotion Period to receive a free 700,000 PEPE Locked Products position each. On top of that, users may also subscribe to PEPE on Simple Earn Flexible Products during the Promotion Period to enjoy an exclusive Bonus Tiered APR of up to 9% on top of Real-Time APR rewards.
Promotion 1: Complete a Quiz on PEPE to Receive 700,000 PEPE in Locked Products!
Promotion Period: 2024-02-23 14:00 (UTC) to 2024-03-07 06:00 (UTC)
The first 50,000 new Simple Earn Locked Products users who complete the quiz with all questions correctly answered during the Promotion Period, will be eligible to each receive a free 700,000 PEPE Locked Products position.
How to Participate:
Step 1: Correctly answer all questions in the quiz by referring to the information on the official PEPE website. Users may reattempt the quiz if they did not answer all the questions correctly.Step 2: The first 50,000 new Simple Earn Locked Products users who complete Step 1 will automatically receive a free 150-day PEPE Locked Products position by 2024-03-20 23:59 (UTC). Please note that users will not be able to participate in this promotion once all rewards are distributed.
Rewards (Locked Products):
Digital AssetPrincipal RewardLock DurationStandard APRPEPE700,000 PEPE150 Days10%
Click Here to Start the PEPE Quiz
Promotion 2: Enjoy Up To 9% Bonus Tiered APR with PEPE Simple Earn Flexible Products
Promotion Period: 2024-03-01 00:00 (UTC) to 2024-05-31 23:59 (UTC)
Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.Reward Payout:Bonus Tiered APR: Distributed to usersâ Spot Wallets on a daily basis.Real-Time APR: Accrued and directly accumulated in usersâ Earn Wallets every minute.
Offered Products (Flexible Products)
Digital AssetDurationAPR During Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserPEPEFlexibleTier 1Tier 210,000 PEPE1 Trillion PEPE10,000 - 500 Million PEPE> 500 Million PEPEReal-Time APR+ 9%Bonus Tiered APRReal-Time APR
About Binance Simple Earn:
Binance Simple Earn allows users to earn rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning rewards.
Please Note:
Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.Promotion 1:Only users who complete identity verification and correctly answer all questions in the quiz during the Promotion Period will be eligible to receive Promotion 1 rewards.PEPE rewards are only available to users who have never subscribed to Simple Earn Locked Products before 2024-02-23 10:00 (UTC). PEPE rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.Please note that the rewards are only available to users who are enabled to use Binance Simple Earn products. Rewards may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.For this promotion, users may not redeem their digital assets/digital currencies in advance.Promotion 2:Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the userâs Spot Wallet. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.All users who hold open positions for PEPE Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only. Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-02-23
Get Ready for the Market Impact! CPI Data Drops Today at 12:30 PM UTC! đš
Todayâs CPI report is set to be a major market-moving event, with the potential to sway investor sentiment and shape future interest rate outlooks. Hereâs what you should be watching closely.
Upside Potential: If the CPI comes in below 2.6%, we could see a market surge, increasing the likelihood of a 50 basis point rate reduction.Downside Risk.
A CPI figure above 2.6% may trigger a sell-off, as expectations shift toward a smaller 25 basis point rate cut.Neutral Territory.
Should the CPI align with forecasts at 2.6%, expect heightened volatility and quick market reactions.Remember, CPI releases often lead to sharp market moves. Stay informed, assess your risks carefully, and trade with caution.
#highlight
#Binancepen_spark
#CPI_BTC_Watch
#TON
#DOGSONBINANCE
Todayâs CPI report is set to be a major market-moving event, with the potential to sway investor sentiment and shape future interest rate outlooks. Hereâs what you should be watching closely.
Upside Potential: If the CPI comes in below 2.6%, we could see a market surge, increasing the likelihood of a 50 basis point rate reduction.Downside Risk.
A CPI figure above 2.6% may trigger a sell-off, as expectations shift toward a smaller 25 basis point rate cut.Neutral Territory.
Should the CPI align with forecasts at 2.6%, expect heightened volatility and quick market reactions.Remember, CPI releases often lead to sharp market moves. Stay informed, assess your risks carefully, and trade with caution.
#highlight
#Binancepen_spark
#CPI_BTC_Watch
#TON
#DOGSONBINANCE
#OPUSDT #trneding #BTCâ #highlight
#OP/USDT LONGđą
Entries : $1.823, $1.810
Leverage : 20x
Target 1 : $1.847
Target 2 : $1.878
Target 3 : $1.914
âïžStop Loss : $1.771
#OP/USDT LONGđą
Entries : $1.823, $1.810
Leverage : 20x
Target 1 : $1.847
Target 2 : $1.878
Target 3 : $1.914
âïžStop Loss : $1.771
I focus on PPH gain and achieved top ranked soon in Lord Level....... hopefully đ€đ€đ€đ€
#highlight #TrendingNow #Hamster
#highlight #TrendingNow #Hamster
1
Shiba Inu Experiences Market Challenges as Token Burn Slows and Prices Dip.
Shiba Inu Community Faces Price Drop and Token Burn Rate Decline
The community of Shiba Inu (SHIB), which has declared itself the âDogecoin killer,â is troubled by speculation of a downturn following a significant drop in the altcoinâs price. The price of the meme-based altcoin, which saw a notable rise in the past weeks, fell below the $0.00003 level, causing anxiety among investors. The current downward trend in SHIBâs price coincided with a weekly decrease in the token burn rate and followed the general downtrend in the memecoin market.
Token Burn Rate Drops by 60 Percent
Interestingly, SHIBâs burn rate increased by about 100% in the last 24 hours, with 33 million tokens being burned. However, despite this increase in token burn activity, investor sentiment continued to trend downward, and price charts indicated bearish dominance. At the time of writing, SHIB was trading at $0.00002715, down by 0.06% in the last 24 hours.
Warning Bells Ring
Although Shiba Inuâs SHIB price chart potentially shows a gradual increase in momentum due to recent rises, market dynamics continue to fuel speculation about the altcoinâs future.
Weekly market data shows a decline of about 7%, indicating more potential downsides for SHIB. Derivative data reveals a 1.61% decrease in SHIBâs open interest and a 4.41% drop in trading volume, suggesting reduced market activity and low new money inflow contributing to SHIBâs downward trend.
Moreover, the OI weighted funding rate fell to 0.0198%, reflecting a decrease in investor sentiment towards opening long positions in SHIB. The Relative Strength Index (RSI) is hovering around 53, indicating neither overbought nor oversold conditions for the altcoin, while the observed downtrend over the past week, combined with the decrease in open interest and trading volume, suggests potential for further price declines amid a weakening market momentum after a memecoin rally.
$SHIB $DOGE
#highlight #MarketAnalysis
ID: 463066071
Shiba Inu Experiences Market Challenges as Token Burn Slows and Prices Dip.
Shiba Inu Community Faces Price Drop and Token Burn Rate Decline
The community of Shiba Inu (SHIB), which has declared itself the âDogecoin killer,â is troubled by speculation of a downturn following a significant drop in the altcoinâs price. The price of the meme-based altcoin, which saw a notable rise in the past weeks, fell below the $0.00003 level, causing anxiety among investors. The current downward trend in SHIBâs price coincided with a weekly decrease in the token burn rate and followed the general downtrend in the memecoin market.
Token Burn Rate Drops by 60 Percent
Interestingly, SHIBâs burn rate increased by about 100% in the last 24 hours, with 33 million tokens being burned. However, despite this increase in token burn activity, investor sentiment continued to trend downward, and price charts indicated bearish dominance. At the time of writing, SHIB was trading at $0.00002715, down by 0.06% in the last 24 hours.
Warning Bells Ring
Although Shiba Inuâs SHIB price chart potentially shows a gradual increase in momentum due to recent rises, market dynamics continue to fuel speculation about the altcoinâs future.
Weekly market data shows a decline of about 7%, indicating more potential downsides for SHIB. Derivative data reveals a 1.61% decrease in SHIBâs open interest and a 4.41% drop in trading volume, suggesting reduced market activity and low new money inflow contributing to SHIBâs downward trend.
Moreover, the OI weighted funding rate fell to 0.0198%, reflecting a decrease in investor sentiment towards opening long positions in SHIB. The Relative Strength Index (RSI) is hovering around 53, indicating neither overbought nor oversold conditions for the altcoin, while the observed downtrend over the past week, combined with the decrease in open interest and trading volume, suggests potential for further price declines amid a weakening market momentum after a memecoin rally.
$SHIB $DOGE
#highlight #MarketAnalysis
ID: 463066071
I Hope Bitcoin will cross 120+ thousand in early entry in 2025.đ€âšđȘđ„Bđâ€ïžâđ„#Bitcoinhit2025#highlight #fyp
Hamster Kombat Allocation and price list
.#BTCReboundsAfterFOMC #HSMTR $BTC $HSMTR#BinanceLaunchpoolHMSTR #highlight #BinanceSquareFamily
.#BTCReboundsAfterFOMC #HSMTR $BTC $HSMTR#BinanceLaunchpoolHMSTR #highlight #BinanceSquareFamily
" EQD5mxRgCuRNLxKxeOjG6r14iSroLF5FtomPnet-sgP5xNJb " Deposit address "
this is my dream pc Build.. need 1610 "sgd"
or 1241 "usdt" i have no monny because im a student. Inshallah somethime i will duild this. đ
1. gigabyte g24f 2 165hz Price :- 220
2. lian li o11 vision white Price :- 145 sgd
3. skill flare x5 32gb (2x16gb) ddr5-6000 cl30 Price :- 90 sgd
4. amd ryzen 5 7600x Price :- 200 sgd
5. segotep gm750w Price :- 70 sgd
6. pa120 se argb white Price :- 40 sgd
7. swft 319 rx 6800 Price :- 380 sgd
8. ssd 1tb wd blue sn580 Price :- 80 sgd
9. msi pro b650 s wifi Price :- 205 sgd
10. Keyboard :- ROYAL KLUDGE S98 Mechanical Keyboard :- 60 sgd
11. Mouse :- MX Master 3s :- 120 sgd
Total :- 1610 sgd
#binance #BTCâ #bitcoinâïž #highlight #BinanceLaunchpoolHMSTR
this is my dream pc Build.. need 1610 "sgd"
or 1241 "usdt" i have no monny because im a student. Inshallah somethime i will duild this. đ
1. gigabyte g24f 2 165hz Price :- 220
2. lian li o11 vision white Price :- 145 sgd
3. skill flare x5 32gb (2x16gb) ddr5-6000 cl30 Price :- 90 sgd
4. amd ryzen 5 7600x Price :- 200 sgd
5. segotep gm750w Price :- 70 sgd
6. pa120 se argb white Price :- 40 sgd
7. swft 319 rx 6800 Price :- 380 sgd
8. ssd 1tb wd blue sn580 Price :- 80 sgd
9. msi pro b650 s wifi Price :- 205 sgd
10. Keyboard :- ROYAL KLUDGE S98 Mechanical Keyboard :- 60 sgd
11. Mouse :- MX Master 3s :- 120 sgd
Total :- 1610 sgd
#binance #BTCâ #bitcoinâïž #highlight #BinanceLaunchpoolHMSTR