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Get ready for a spook-tacular Halloween with Binance communities! This Halloween, Binance is hosting a Trick or Treat Challenge in Binance communities that promises excitement, mystery, and spooky crypto surprises.

Link : https://safu.im/RQyLPCH7
Complete tasks and get candy!
Prizes will be given out for them later
Completion: November 1
#bnb #halloween #Binance #trick

Ferrari will accept payments with cryptocurrencies in the US

Ferrari's decision to accept payments in cryptocurrencies was driven by market demand and requests from dealers, as they have numerous clients with investments in digital currencies.
Ferrari will accept payments with cryptocurrencies in the US
NEWS
Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The automaker also plans to accept crypto payments in Europe.

The future of cryptocurrency payments: Possible market of hundreds of millions of dollars in three years
According to a Reuters report on October 14, Ferrari's commercial and marketing director Enrico Galliera confirmed the luxury car brand's intentions. Ferrari's decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous customers, including young crypto-savvy investors, having invested in digital currencies.

Supermarket chain in Spain will have payment in cryptocurrencies
Although Galliera did not specify the number of cars Ferrari hopes to sell through cryptocurrency payments, he said the automaker's strong order book is fully booked through 2025. Ferrari intends to test this expanding market to connect with potential buyers beyond its regular clientele. The luxury automaker plans to introduce cryptocurrency payments in Europe in the first quarter of 2024 and expand to other cryptocurrency-friendly regions thereafter.

For its initial phase in the US, Ferrari has partnered with leading cryptocurrency payment processor BitPay. This collaboration allows transactions in Bitcoin

.

#XRP

#ferrari

The price of BTC declined after the clarification of the false rumor
After the clarification of the false rumor, the price of bitcoin returned to USD 28,000, the maximum area that it has touched briefly during the last two months before its rise today to USD 30,000.

Here you can see the behavior of BTC in the last two months. Source: TradingView.
Meanwhile, hopes continue that the US Securities and Exchange Commission (SEC) will approve the first spot bitcoin ETFs, as it has completed its time to appeal the ruling in favor of asset manager Grayscale, which forces it to review your request to launch this type of asset because it was unfoundedly rejected. #etf #BinanceSquare #BTC

NFT market continues to sink
The crypto winter seems to be dragging on and the NFT market continues to sink into an unrecognizable torpor. Not long ago, thousands of companies proudly waved their digital collectibles and now, everyone seems to avoid talking about it.

A recent report by dappGambl, a crypto market analyst, revealed that 69,795 out of 73,257 NFT collections have a capitalization of 0 ETH. Indeed, 95% of NFT owners cannot even cover the cost of issuing their .JPG, which represents a setback for the development of the market.

Bitcoin: The most relevant of the week
Losses run into billions as NFT market continues to sink
In a twist of fate, the icy outcome of 2023 left thousands of NFT collections exposed that saw their value and market capitalization disappear. Even the collections of recognized brands such as Starbucks, Coca-Cola, McDonalds and even Ticketmaster have had great disappointments with the industry after their own initiatives.

A situation where 95% of NFT holders incur losses could signal serious challenges for a once-promising market. Although notable collections like Bored Ape Yacht Club still hold their value, it is undeniable that volume and average price have seen a drastic decline over the course of the last year.

More than 1,600 listed NFT collections are “dead.” Source: dappGambl
Interest and purchase intention on the part of users seems to have cooled.
#NFT #ETH