Based on the mining results after 6 hours, the annualized yield from mining fdusd with the same amount of capital is nearly double that of mining with bnb. In the first hour, the mining efficiency of fdusd was 2.5 times that of bnb. It seems that a lot of bnb has been lying around in wealth management for a long time, while fdusd has been gradually staked after 8 o'clock. 😳
Currently, there are 17 million bnb participating in mining, valued at around 11 billion dollars, while the total market value of fdusd has shrunk to 1.9 billion dollars. The amount participating in mining is still the same as last time, only 1 billion dollars (in previous rounds, each Launchpool had 2 billion fdusd participating in staking; where did half of the fdusd go? 🧐). If there was no bnb holding before and someone wants to buy coins just to participate in this period's Launchpool, I strongly recommend purchasing fdusd for mining as it is more cost-effective, with greater returns while bearing smaller short-term price fluctuation losses. 🤫
$BNB Haha, a few days ago I said that I dreamed of marrying a wife, and this wife really let me dream of marrying her. Binance just announced the new round of Launchpool, with the staking period spanning the entire Christmas and New Year, indeed a double holiday gift. 🤣 🎅🏻😙
$FDUSD Binance's Launchpool is one of the few projects that allows large funds to profit without risk and enjoy substantial rewards. If you have BNB and FDUSD, you must participate. For those holding FDUSD, just follow the steps in the images 1 and 2 to lock it up. For users holding BNB, do not directly lock it. Instead, place BNB in a savings or fixed deposit account as shown in image 3 to earn interest while also counting as locked BNB, allowing you to gain double benefits. 🤑
For detailed information about Binance's new round of Launchpool, see below.
Binance Launchpool has now launched the 63rd project - BIO Protocol (BIO), a decentralized science (DeSci) management and liquidity protocol.
Users can invest BNB and FDUSD into the BIO reward pool on the Launchpool website after 08:00 (UTC+8) on December 24, 2024, to receive BIO, with the BIO event lasting a total of 10 days. The website is expected to update approximately twelve hours after this announcement, before the event opens.
$BNB $1000CAT $PENGU Binance has launched the Christmas 🎄 airdrop welfare mode. The tokens for the fourth and fifth phases of the HOLDer airdrop are cat and pengu. If sold right after listing, 1000 cat can be sold for over $0.06, which is approximately 0.6% of the BNB principal; pengu can be sold for over $0.05, which is approximately over 1.18% of the BNB principal. The total of both airdrops is around 1.8% of the BNB principal, which is quite a good return rate. With BNB in hand, Binance is a retirement plan. 😂
There is about a week left until Christmas, and BTC prices are hitting new highs again. Will Binance add to the joy by launching 1 or 2 more airdrops before the holiday? Hahaha, I'm dreaming again about marrying a wife. 🤣
$BNB Just discovered that many people seem to be unaware of Binance's WOTD word guessing event that rewards points. As shown in the picture below, guessing correctly 5 times within 7 days will earn you points, which can be exchanged for BNB vouchers or fee rebate vouchers at the rewards center. It takes less than a minute each day, and I have listed the answers below. This is a pretty minor benefit, big shots can ignore it 😅
$BTC Yesterday's drop was the largest since mid-October. BTC fell below the first support level of $97,000 and once fell to the level of $92,000. After clearing a large amount of leverage, it has now returned to the $97,000 area.
Against this background, BTC spot ETFs also ended 15 days of continuous inflows and saw large outflows.
Market sentiment was high after Trump's victory, and both Bitcoin and altcoins rose for nearly a month. There are more pins in the bull market, and proper clearing of leverage is conducive to the continuation of the bull market. 😄
Bitwise's chief investment officer said that the US dollar does not need to collapse for BTC to rise to $200,000 because BTC has too many advantages. In the past two months, we have seen the US dollar index and BTC rise simultaneously. Surrounding Trump's election as US President, the resignation of the current US SEC Chairman, and the huge inflow of funds into BTC spot ETFs, next year will see a more extraordinary situation.
Another hot topic yesterday was that BlackRock proposed in a promotional video that if the market reaches a consensus, can it break the upper limit of 21 million to issue more BTC? This topic immediately caused an uproar in the market. In fact, this topic has been mentioned many times before, and this time it can cause an uproar completely under the deliberate guidance of certain institutions. Dog dealers hope to shake the confidence of retail investors through such news to suppress the price so as to collect BTC at a lower cost. Just laugh it off and ignore it. 🥱
Yesterday, the altcoin market also suffered a more tragic decline than BTC. Most altcoins have no value and are far inferior to BTC in the long run. The most dazzling moment of a bull market is the last year of the bull market (25 years of this round), and it is also the only time that can outperform the growth of BTC. This is the last time to get rid of people before the crazy bull market next year, and it is also the last time to get on the bus. If you want to play altcoins, now is also the best + last time to get on the bus. Restrain your panic and boldly buy at the bottom when the market plummets. Wealth is waiting for you at the end of next year. 🤑
$BTC As the market expected, the Federal Reserve announced last night a 25 basis point rate cut in December, but during the meeting, Chairman Powell released a series of hawkish statements. First, he mentioned that next year the rate cut pace will slow down, expecting only two rate cuts throughout the year. The key takeaway was a statement that significantly impacts the crypto market: he said the Federal Reserve is not allowed to have BTC and does not wish to change this law. As a result of his remarks, BTC fell more than 5% this morning, with over $600 million liquidated across the network in 24 hours. The US stock market also saw a significant drop, evaporating $1.5 trillion.
Rafael tweeted that $97000 is a strong support level, and even if BTC continues to fall, it will stop when it reaches this position.
Spot ETFs have seen inflows for two consecutive weeks, and in the US market, the fund scale of BTC spot ETFs has surpassed that of gold ETFs. This is a milestone moment; it took 20 years for gold ETFs to reach their current scale since their launch in 2004, while BTC spot ETFs have surpassed gold ETFs' asset management scale in less than 12 months of operation.
The supply of stablecoins is also continuously setting new highs, with newly issued USDT flowing into major exchanges over the past two weeks, driving this wave of increase. In the past two weeks, the average daily inflow of USDT into exchanges exceeded $40 million, which is rare in the history of cryptocurrencies. A large amount of capital is entering the market through stablecoins. Historically, whenever new stablecoins flow heavily into exchanges, the crypto market tends to experience a subsequent rally.
With less than a month until a pro-crypto president and SEC chair take office next year, institutions, companies, and whales are continually accumulating BTC. A $100,000 BTC is just the beginning; historical cycles of BTC also show that next year will be the real bull market. Looking back at the current price a year from now will feel as cheap as looking back at last year's price at this time. Cherish every pullback before the crazy bull market kicks off; it's all a discount period. Don't let emotions lead you to be tricked off the wealth train by market manipulators before it starts! 😆
$BTC BlackRock released a 3-minute educational video on Bitcoin, explaining what Bitcoin is to the general public. It's quite interesting, so I'm sharing it for everyone to take a look. 😁
$BNB $1000CAT $PENGU Binance has launched the Christmas 🎄 airdrop welfare mode. The tokens for the fourth and fifth phases of the HOLDer airdrop are cat and pengu. If sold right after listing, 1000 cat can be sold for over $0.06, which is approximately 0.6% of the BNB principal; pengu can be sold for over $0.05, which is approximately over 1.18% of the BNB principal. The total of both airdrops is around 1.8% of the BNB principal, which is quite a good return rate. With BNB in hand, Binance is a retirement plan. 😂
There is about a week left until Christmas, and BTC prices are hitting new highs again. Will Binance add to the joy by launching 1 or 2 more airdrops before the holiday? Hahaha, I'm dreaming again about marrying a wife. 🤣
MicroStrategy has purchased $1.5 billion worth of BTC again, increasing their total holdings to 439,000 BTC, with an overall average price of approximately $61,700, yielding a profit of over $19 billion. Throughout November, MicroStrategy purchased BTC three times, and now, halfway through December, they have already made three purchases, with the number of purchases this month expected to surpass that of November.
MicroStrategy's continuous strategy of purchasing BTC has affected the overall market sentiment. Some mining companies, such as Riot and Marathon, have not only stopped selling the BTC they mine but are also learning from MicroStrategy by raising funds through bond sales to purchase more BTC.
Meanwhile, the supply of stablecoins has also reached new highs. Since Trump’s election victory, Tether has been aggressively increasing the issuance of USDT into the market, which is the most direct liquidity indicator in the cryptocurrency market. The number of global cryptocurrency users has now exceeded 18 million, indicating a significant purchasing demand.
BTC has once again refreshed its previous high, with a new record close to $107,800, just a step away from $110,000. Although BTC has seen a slight pullback after breaking the $100,000 barrier, it has generally been on a steady rise. Above $100,000, we see retail and short-term users taking profits, while corporate entities and ETF institutions, represented by MicroStrategy, continue to maintain daily inflows for accumulation.
In January next year, Trump will take office as president, and the new pro-crypto SEC chairman will also assume office. The U.S. will incorporate BTC into its national strategic reserves and establish a BTC G7 alliance internationally. A new wave of cryptocurrency is rolling in, and some keen companies and institutions are madly scrambling to purchase tokens to be in the best position for the arrival of the new world, while retail investors are discussing whether the time has come to take profits at $100,000. 😂
$BNB I’m so done, using Ren Xianqi's lyrics is just "One wave hasn't calmed down and another wave has come to invade." In the latest issue, after the Launchpool token VANA was listed, just an hour after I mentioned whether Binance’s new coin offerings were also entering a bull market frenzy, Binance announced a new HODLer airdrop, and it’s the fourth and fifth issues being released consecutively. 🐮
In the last 30 days, Binance has continuously released four HODLer airdrops and one Launchpool, totaling five airdrop benefits. This Christmas is very joyful, thanks to Binance for allowing BNB HODLers to happily celebrate the two festivals at the end of the year. 🎅🏻🧑🏻🎄
$VANA Binance's 62nd Launchpool project VANA officially opened at 19:30 after a delay of one and a half hours. If sold immediately after opening, it could be sold for around $21 or $22. I set my sell order at $28, and it was executed 5 minutes later. 😅
$FDUSD $BNB Based on my earnings from the $28 transaction, if I staked fdusd to mine VANA, the profit would be 1.74% of the investment cost, equivalent to an annualized rate of 317.55%; if I staked bnb to mine VANA, the profit would be 0.9% of the investment cost, equivalent to an annualized rate of 165.21%. After Trump's election victory, the bull market started, and the profits from new tokens on Binance have significantly increased. This reminds me of the small bull market in the first half of the year when Binance launched 3 or 4 new tokens each month, with profits reaching 1.5% to 3% for each token. Will Binance's new token launches enter a runaway mode again with the arrival of a frenzied bull market? 🥰
All BNB HODLers, let’s shout together: BNB in hand, Binance for retirement 🫶🏼😘
$BNB Just discovered that many people seem to be unaware of Binance's WOTD word guessing event that rewards points. As shown in the picture below, guessing correctly 5 times within 7 days will earn you points, which can be exchanged for BNB vouchers or fee rebate vouchers at the rewards center. It takes less than a minute each day, and I have listed the answers below. This is a pretty minor benefit, big shots can ignore it 😅
The probability of the Federal Reserve lowering interest rates in December has reached 96%. The European Central Bank has also decided to adopt a loose monetary policy, stimulating economic growth through interest rate cuts. The Bank of Canada has also lowered rates by 50 basis points to respond to future economic uncertainties. As the world's second-largest economy, China has recently made it clear that it will adopt a loose monetary policy to counter the high tariff policies that Trump is about to implement. Global liquidity is gradually being released, and 2021 was driven by a surge in liquidity that led Bitcoin to reach new highs, triggering that year's bull market. This round of capital inflow is already brewing.
According to the latest news, MicroStrategy has been included in the NASDAQ 100 index. MicroStrategy has always purchased Bitcoin through the issuance of convertible bonds, making Bitcoin a core part of the company's strategic asset allocation. Being formally included in the NASDAQ index means that more traditional investment funds will passively increase their holdings of MSTR stock, thereby indirectly holding Bitcoin assets. Coinbase believes this could bring MicroStrategy an indirect Bitcoin purchase fund worth $1 billion.
Coinbase is optimistic about the market outlook for the first quarter of 2015, expecting that important events in the U.S. and global markets next year will drive Bitcoin prices further up.
The market generally believes that after Trump officially takes office as president next year and the new SEC chairman assumes office, staking of ETH in spot ETFs will be allowed. Previously, the capital inflow for ETH spot ETFs was always below market expectations. If staking restrictions can be lifted next year, the institutions that opened ETFs will shift their promotional focus from Bitcoin to Ethereum for profit, leading to an explosive price surge for ETH. Those who have been holding ETH for so long should make sure not to fall before dawn. 😉
$FDUSD $BNB Based on the mining results after 6 hours, the annualized return from mining with fdusd is twice as high as that from mining with bnb, which is even more exaggerated than the previous round. 😳
Currently, there are 17 million bnb participating in mining, valued at around 10 billion dollars, while the total market capitalization of fdusd is only 2.4 billion dollars, and the amount participating in mining is merely 1 billion dollars. If there was no bnb holding before and you only wanted to buy coins to participate in this Launchpool, I strongly recommend purchasing fdusd for mining as it is more cost-effective, yielding greater returns while bearing smaller short-term price fluctuation losses. 🤫
$FDUSD Seeing that fdusd has risen above $1, I knew that Launchpool was coming, and here it is. With the arrival of the bullish market atmosphere, the frequency of Binance's benefits distribution has also accelerated. 😙
$BNB Binance's Launchpool is one of the few projects that allows large funds to profit risk-free while enjoying significant gains, so those holding BNB and fdusd must participate. For those holding fdusd, simply follow the steps in the images 1 and 2 to lock it up. Users holding BNB should not directly lock it up; instead, place BNB into a savings or fixed-term account as shown in image 3 to earn interest while also locking up BNB, allowing for dual earnings. 🤑
For detailed information on the new round of Binance Launchpool, see below:
Binance Launchpool has officially launched its 62nd project - Vana (VANA), which is a native EVM-compatible L1 blockchain for holding user data.
Users can invest BNB and FDUSD into the VANA reward pool on the Launchpool website after December 14, 2024, at 08:00 (UTC+8) to receive VANA. The VANA activity duration is a total of 2 days. The website is expected to update approximately twelve hours before the activity opens following this announcement.
On November 1, $BTC 1, after the release of the U.S. inflation CPI data, it completely met expectations, and the probability of a 25 basis point rate cut next week has exceeded 98%. As a result, BTC has regained the $100,000 mark.
Data shows that in the past few days, BTC's decline has caused many retail investors to hand over their chips, while institutions and large holders have not stopped their accumulation efforts for a moment. Even though we faced the largest annual liquidation, spot ETFs continue to see capital inflows, the Coinbase premium has quickly widened, and Tether has issued more USDT.
Bitwise not only predicts that BTC's price will reach $200,000 next year, but also holds a more optimistic outlook on the capital inflow of BTC spot ETFs in 2025. This year, BTC spot ETFs have already outperformed gold spot ETFs, and the inflow of next year's spot ETFs is likely to exceed this year's levels.
Recently, MicroStrategy increased its BTC holdings by $2.1 billion. It is said that MicroStrategy's stock MSTR will be included in the NASDAQ 100 index, with a probability shown as 90% on Polymarket. MicroStrategy has been continuously purchasing BTC through methods such as issuing bonds. If included in the NASDAQ 100 index, index funds will allocate MSTR stocks, potentially bringing in billions of dollars in passive buying demand, making it easier for them to raise more funds to purchase BTC.
Earlier today, Microsoft held a board meeting to discuss whether to include BTC in the company's asset reserves. Unfortunately, the board deemed that BTC's volatility did not align with the company's investment philosophy and rejected the proposal. What I find unfortunate is not for BTC, but for Microsoft. The wheels of history roll forward, and anything that tries to hinder its progress by relying solely on itself is like an ant trying to stop a car. The once-dominant film company Kodak in the 1990s could not, nor could Nokia, which occupied over 70% of the mobile phone market in the first decade of the millennium. Once a leader in the internet era and a ruler of desktop systems for home computers for decades, Microsoft has already fallen behind in the mobile internet era. I hope this does not lead to a gradual exit from the world's top tier in the near future. 😮💨
$BNB Binance Web3 wallet has launched an airdrop! Anyone who has interacted with the Binance Web3 wallet before is eligible for the airdrop. Those who participated in Megadrop definitely qualify. There are 2886 FROG tokens, currently priced around 6-7 USD, equivalent to a bowl of pork knuckle rice. 🤤
To claim, see the image below: Open the Binance Web3 wallet, switch to the BSC (Binance Smart Chain) network, click on 'Manage Tokens' at the bottom of the homepage to add the $FROG contract address: 0x4ad663403df2f0e7987bc9c74561687472e1611c
$MOVE The MOVE of the third phase HOLDer airdrop on Binance is really impressive, it rose against the trend of a general market decline, attracting a lot of attention. If Binance keeps launching new tokens like this recently, it might surge to a thousand dollars before New Year's. 🥰
This token has a huge circulating market value, and we can expect a significant correction from the end of this year to the beginning of next year. I didn’t sell when the market opened yesterday, I placed an order at $0.9 and sold it this morning, the actual return rate exceeded 2%, thanks to Binance.
$BNB Still the same saying, BNB is my stablecoin that I wouldn't sell even if I accidentally clicked. With BNB in hand, Binance is my retirement plan. 🫶🏼
$BNB $MOVE Binance is giving money again, and this time it is more urgent. The airdrop coins announced this afternoon will arrive in the evening. The token for the third phase of the HOLDer airdrop is Move. If you sell it immediately after it goes online, the value is about 1.7% of the BNB principal, which is a pretty good rate of return. With BNB in hand, Binance will provide for your retirement. 🤣
$LISTA This time, only the BNB in the current and fixed deposits on the Binance exchange are still counted, not the slisbnb in Lista. I understand that Binance's original intention of launching the HOLDer airdrop is to reward Binance's real BNB long-term users, not those speculators who come to Launchpool every time to borrow BNB. But since Binance intends to make the BSC chain great again, it should allow the HOLDer airdrop to support the slisbnb pledged in Lista like Launchpool.
In the last round of the 21-year bull market, my BNB was almost always staked or mined in various defis on the BSC chain. Whenever I came to Launchpad and Launchpool, I would withdraw it back to cex to participate in the new listing. But this round, I dare not put my BNB on the chain at all, because the unlocking of the stakes on the chain in this round takes more than 7 days, especially the launch of the HOLDer airdrop, I dare not miss the watermelon of the airdrop because of the sesame on the chain. If Binance wants to revive BSC, it should support the staking of even the major dapps that Binance strongly supports to be counted in the BNB statistics, so that users can withdraw their coins to the BSC chain and actively participate in the prosperity of the BSC ecosystem.
Binance HODLer airdrop launches the third phase project, use BNB to purchase earning platform products to receive Movement (MOVE) airdrop!
Note: Before trading the above tokens on non-Binance platforms, please conduct your own research to avoid any fraudulent activities and ensure the security of your assets. This is a general announcement, and the products and services mentioned here may not be applicable to your region. Dear Users: Binance HODLer airdrop has launched the third phase project - Movement (MOVE), the first Move-EVM L2 for Ethereum, bringing Move's security features to Ethereum. From December 02, 2024, 08:00 to December 6, 2024, 07:59 (UTC+8), users who purchase fixed-term and/or flexible products on the earning platform using BNB will receive airdrop allocations. The MOVE HODLer airdrop page is expected to go live within five hours, and the new tokens will be distributed to users' spot wallets one hour before trading starts.
$BNB Just discovered that many people seem to be unaware of Binance's WOTD word guessing event that rewards points. As shown in the picture below, guessing correctly 5 times within 7 days will earn you points, which can be exchanged for BNB vouchers or fee rebate vouchers at the rewards center. It takes less than a minute each day, and I have listed the answers below. This is a pretty minor benefit, big shots can ignore it 😅
$BTC This week, the price of BTC has fluctuated dramatically, but whether it breaks through the historic high of 100,000 USD or drops by 10,000 USD in seconds, it has not affected the continuous inflow of funds into the spot ETF. The ETF has maintained inflow throughout the five trading days this week, and the total amount of BTC held by the US spot ETF has already surpassed the holdings of Bitcoin's creator, Satoshi Nakamoto, marking an important milestone in the transition of institutions taking over from retail investors.
The output of BTC is decreasing year by year, while demand is increasing year by year. Miners should have felt this significant deficit first, and some mining companies have already begun actively replenishing their BTC reserves. Marathon Digital purchased 1,423 BTC on December 5 and 6, and yesterday increased its holdings by another 1,300 BTC, closely following MicroStrategy's steps to raise funds through bond issuance to buy more BTC. Marathon currently holds over 33,876 BTC, making it the second-largest publicly traded company holding BTC. HUT8 Mining Company is also actively raising funds to increase their BTC reserves.
According to Bloomberg analyst Eric, BlackRock's BTC spot ETF fund inflow has surpassed 50 billion USD in just 227 days, becoming the fastest ETF to reach this scale in history, while the previous record holder took 1,323 days.
In contrast, whale users have not yet shown any selling actions. Since Trump's election victory, whale groups have been increasing their BTC holdings. At the end of each bull market, we can see extreme FOMO in market sentiment, with retail investors fully entering the market, while whales begin to sell. Currently, institutions and whale groups are desperately increasing their BTC holdings, and according to Google data, retail investor sentiment has not yet exploded, remaining far from the search volumes of 2017 and 2021. Therefore, as Cathie Wood said, 100,000 USD is not the end of this bull market, but rather just a new beginning. 🤗