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"Flippening" ETH Hodler's Dream ScenarioFlippening a hypothetical scenario where Ethereum's market capitalization Surpasses Bitcoin. This term was born in 2017 when Ethereum $ETH reached a record high against Bitcoin $BTC . Can "Flippening" Happen? If you look at it from a data perspective, $BTC has a Maximum Supply of 21 Million Coins and $ETH has no maximal supply, so the Flippening Scenario is Difficult to materialize. But Difficult doesn't mean You can't, there is a possibility that ETH will reverse the price over BTC, namely when the market is bearish. A possible scenario that could happen is if the price of BTC falls to close to the price of ETH, then ETH has the opportunity to reverse the price over BTC. With that scenario, ETH does not need an increase in value. which is high because BTC itself will approach. If you can't catch it, wait for it to fall#bitcoin #ETH #crypto2023 #cryptocurrency

"Flippening" ETH Hodler's Dream Scenario

Flippening a hypothetical scenario where Ethereum's market capitalization Surpasses Bitcoin. This term was born in 2017 when Ethereum $ETH reached a record high against Bitcoin $BTC . Can "Flippening" Happen? If you look at it from a data perspective, $BTC has a Maximum Supply of 21 Million Coins and $ETH has no maximal supply, so the Flippening Scenario is Difficult to materialize. But Difficult doesn't mean You can't, there is a possibility that ETH will reverse the price over BTC, namely when the market is bearish. A possible scenario that could happen is if the price of BTC falls to close to the price of ETH, then ETH has the opportunity to reverse the price over BTC. With that scenario, ETH does not need an increase in value. which is high because BTC itself will approach. If you can't catch it, wait for it to fall#bitcoin #ETH #crypto2023 #cryptocurrency
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MOST MYSTERIOUS BINANCE FUTURES USER, SHORT BTC AT 64K UNTIL NOW HAVEN'T CLOSE TRADE Account with Nick "Anonymous User-fc73910" Futures Position Entry at $BTC 64,994 on October 20 2021 exactly 2 years ago, what makes it strange here is that the Futures Position Entry was Monitored until this article was written, Still Not Closed or Take Profit. Even though this user has made a profit of $31,024 (484 million) with an ROE of 2714% 😲. What do you think happened to that user? #BTC #ETH #crypto2023 #cryptocurrency
MOST MYSTERIOUS BINANCE FUTURES USER, SHORT BTC AT 64K UNTIL NOW HAVEN'T CLOSE TRADE

Account with Nick "Anonymous User-fc73910" Futures Position Entry at $BTC 64,994 on October 20 2021 exactly 2 years ago, what makes it strange here is that the Futures Position Entry was Monitored until this article was written, Still Not Closed or Take Profit.

Even though this user has made a profit of $31,024 (484 million) with an ROE of 2714% 😲.

What do you think happened to that user?

#BTC #ETH #crypto2023 #cryptocurrency
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Scroll Menuju New All Time High$SCR is one of the new tokens that has the potential to compete with $ARB and $OP . Indeed, so far, several Layer 2 projects have not really woken up from their sleep, unlike several MSG coins which have started to climb up. However, some tokens with their Layer 2 projects are likely to be built soon. #Layer2 #EthereumSignal

Scroll Menuju New All Time High

$SCR is one of the new tokens that has the potential to compete with $ARB and $OP .
Indeed, so far, several Layer 2 projects have not really woken up from their sleep, unlike several MSG coins which have started to climb up.
However, some tokens with their Layer 2 projects are likely to be built soon.
#Layer2 #EthereumSignal
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SANTA CLAUS BRINGS BITCOIN TO TOUCH $100K#bitcoin☀️ is moving very fast at the end of 2024, can $BTC touch $100,000 in 2024? The potential for $BTC to touch the $100K value this year is very large because the current BTC value is at the $96K level, only a few levels short of the All Time High BTC could reach the $100,000 level. Can Santa Claus Bring Bitcoin Next December Into A Long Green Rally? Lets see....

SANTA CLAUS BRINGS BITCOIN TO TOUCH $100K

#bitcoin☀️ is moving very fast at the end of 2024, can $BTC touch $100,000 in 2024?
The potential for $BTC to touch the $100K value this year is very large because the current BTC value is at the $96K level, only a few levels short of the All Time High BTC could reach the $100,000 level.
Can Santa Claus Bring Bitcoin Next December Into A Long Green Rally? Lets see....
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Celestia $TIA Prints All Time High on Binance after 2 weeks of release. Apart from that, $TIA also topped Gunners highest gain while on Binance. #cryptocurrency
Celestia $TIA Prints All Time High on Binance after 2 weeks of release. Apart from that, $TIA also topped Gunners highest gain while on Binance.
#cryptocurrency
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Solana Maintains Positive TrendAfter seeing the potential of $SOL for a correction last week, it turns out that this week Solana remains in its positive trend. It touched the $46.99 area then was hit by support in the $38 area, in fact Solana refused to fall any deeper. This area will be used as the next resistance to touch the $50 area. This positive trend for Solana is probably caused by the completion of the trial verdict against Sam-Bankman, the former founder of FTX's statement made investors re-invest their capital into the Solana ecosystem because there was no longer anything burdening them. Solana.In fact, the Solana ecosystem is a project ecosystem that is running well, various projects in the ecosystem are also able to survive for quite a long time, plus the Solana community is also very solid.#bitcoin #solana #BinanceSquare

Solana Maintains Positive Trend

After seeing the potential of $SOL for a correction last week, it turns out that this week Solana remains in its positive trend. It touched the $46.99 area then was hit by support in the $38 area, in fact Solana refused to fall any deeper. This area will be used as the next resistance to touch the $50 area. This positive trend for Solana is probably caused by the completion of the trial verdict against Sam-Bankman, the former founder of FTX's statement made investors re-invest their capital into the Solana ecosystem because there was no longer anything burdening them. Solana.In fact, the Solana ecosystem is a project ecosystem that is running well, various projects in the ecosystem are also able to survive for quite a long time, plus the Solana community is also very solid.#bitcoin #solana #BinanceSquare
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Solana Potential For CorrectionAfter experiencing a crazy increase in the past 2 weeks, Solana is starting to enter a positive trend on a mission to return to its All Time High. However, the potential for price correction always exists in every Up trend. The following is a chart image of $SOL from July to August in 2022. It is clear that when Solana touched the $47 level, the Seller always strengthened, making a long needle several times on the daily Candle. Apart from that, the $34 level became a solid floor even though it was still broken in the end. But what was the movement? what happened 1 year ago will it happen again?, here is a picture of Solana's chart for today, November 5 2023. In the picture it is clear that Solana is repeating the same pattern 1 year ago, namely when it touches the $47 level, sellers always strengthen until they create a daily candle with a long needle. However, here it is a little different from the chart 1 year ago, where when Solana touched the $40 level, buyers caused the Solana price to bounce slightly, creating temporary support. Does Solana have the potential for a correction to $34 like last year? The possibility can still happen but whether it will happen or not is still the market that determines. #solana #Crypto2024 #BinanceSquare #bitcoin

Solana Potential For Correction

After experiencing a crazy increase in the past 2 weeks, Solana is starting to enter a positive trend on a mission to return to its All Time High. However, the potential for price correction always exists in every Up trend. The following is a chart image of $SOL from July to August in 2022. It is clear that when Solana touched the $47 level, the Seller always strengthened, making a long needle several times on the daily Candle. Apart from that, the $34 level became a solid floor even though it was still broken in the end. But what was the movement? what happened 1 year ago will it happen again?, here is a picture of Solana's chart for today, November 5 2023. In the picture it is clear that Solana is repeating the same pattern 1 year ago, namely when it touches the $47 level, sellers always strengthen until they create a daily candle with a long needle. However, here it is a little different from the chart 1 year ago, where when Solana touched the $40 level, buyers caused the Solana price to bounce slightly, creating temporary support. Does Solana have the potential for a correction to $34 like last year? The possibility can still happen but whether it will happen or not is still the market that determines. #solana #Crypto2024 #BinanceSquare #bitcoin
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2 Top Metavers Heat Up AgainAfter experiencing a long sleep, finally the top 2 Metavers are now heating up again. The eternal competition $SAND vs $MANA in the realm of metavers is apparently not over yet. SANDbox, which has dominated for too long, has finally acknowledged the power of Decentraland MANA. where usually the price of SAND is always higher than MANA, now the situation is inversely proportional to MANA as the winner is at $0.4 while SAND is still stuck at $0.37. The following is the Chart Data for SAND & MANA as of November 5 2023. However, if you look at it in In the long term, it turns out that SAND is still devoid of energy to reach the $0.5 level, while MANA looks like its increase will be halted at the $0.46 level, which is resistance in the 5th month of 2023. Can SAND & MANA fill the Top Gainers on Binance? Let wait & See, let's wait for the metavers ecosystem to rise again. #Metaverse #Crypto2024 #bitcoin #BinanceSquare

2 Top Metavers Heat Up Again

After experiencing a long sleep, finally the top 2 Metavers are now heating up again. The eternal competition $SAND vs $MANA in the realm of metavers is apparently not over yet. SANDbox, which has dominated for too long, has finally acknowledged the power of Decentraland MANA. where usually the price of SAND is always higher than MANA, now the situation is inversely proportional to MANA as the winner is at $0.4 while SAND is still stuck at $0.37. The following is the Chart Data for SAND & MANA as of November 5 2023. However, if you look at it in In the long term, it turns out that SAND is still devoid of energy to reach the $0.5 level, while MANA looks like its increase will be halted at the $0.46 level, which is resistance in the 5th month of 2023. Can SAND & MANA fill the Top Gainers on Binance? Let wait & See, let's wait for the metavers ecosystem to rise again. #Metaverse #Crypto2024 #bitcoin #BinanceSquare
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BNB Ready to Fly HighAfter experiencing quite a long sideways, now $BNB is ready to fly high. This possibility is seen because the daily candle from BNB closes above resistance, namely at the $235 level. If $BNB is able to maintain this positive trend, it is not impossible that BNB will stop at the $270 level and then go to $300.#BinanceSquare #BTC🔥🔥 #BNB #bitcoin

BNB Ready to Fly High

After experiencing quite a long sideways, now $BNB is ready to fly high. This possibility is seen because the daily candle from BNB closes above resistance, namely at the $235 level. If $BNB is able to maintain this positive trend, it is not impossible that BNB will stop at the $270 level and then go to $300.#BinanceSquare #BTC🔥🔥 #BNB #bitcoin
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Measuring Doge & Shiba Potential Back to ATHSeeing the movements of DOGE & SHIBA which do not have the volatility they used to make these two dog tokens lose their identity as meme tokens which are famous for their high volatility. With market conditions like now, will DOGE & SHIBA be able to touch the All Time High again? To measure the potential We must first know how big the market cap is needed to reach ATH. DOGE. Currently DOGE has a market cap of $8.45 billion and a circulating supply of 141,497 billion and the ATH value on DOGE is $0.73 (11,708 Rupiah) which was reached on May 8, 2021. How big a market cap does DOGE need to reach its ATH price? Let's calculate 👇MarketcapATH= Supply in circulation × Price AthMarketcapATH= 141.49 Billion × $0.73MarketcapATH= $103.29 Billion. Well, it can be seen that to touch ATH DOGE needs a marketcap of $103.29 Billion. SHIBA INU With the current marketcap of $4.07 Billion , Supply in circulation is 589.34 trillion and Ath is at $0.000088 (1.4 Rupiah) which was reached on October 28 2021. How big is the market cap needed for SHIBA to reach its ATH price? Let's calculate 👇MarketcapATH= Supply in circulation × Price ATHMarketcapATH= 589.34 Trillion × $0.000088MarketcapATH= $51.862 Trillion. It can be seen that SHIBA with an ATH price needs a marketcap of $51.86 Trillion. CONCLUSIONFrom the calculation above it can be seen that DOGE needs a marketcap of $103.29 Billion and SHIBA require a market cap of $51.86 Trillion. And we can see on the CMC site that the market cap volume of DOGE in 1 day is $ 142 million and the market cap of SHIBA in 1 day is $ 80 million. From these data we can take into account when measuring potential for $DOGE & $SHIB to reach ATH, of course the market is not as easy as we imagine, market conditions can make it possible to reach ATH faster or even slower. #bitcoin #BTC #doge #SHIB

Measuring Doge & Shiba Potential Back to ATH

Seeing the movements of DOGE & SHIBA which do not have the volatility they used to make these two dog tokens lose their identity as meme tokens which are famous for their high volatility. With market conditions like now, will DOGE & SHIBA be able to touch the All Time High again? To measure the potential We must first know how big the market cap is needed to reach ATH. DOGE. Currently DOGE has a market cap of $8.45 billion and a circulating supply of 141,497 billion and the ATH value on DOGE is $0.73 (11,708 Rupiah) which was reached on May 8, 2021. How big a market cap does DOGE need to reach its ATH price? Let's calculate 👇MarketcapATH= Supply in circulation × Price AthMarketcapATH= 141.49 Billion × $0.73MarketcapATH= $103.29 Billion. Well, it can be seen that to touch ATH DOGE needs a marketcap of $103.29 Billion. SHIBA INU With the current marketcap of $4.07 Billion , Supply in circulation is 589.34 trillion and Ath is at $0.000088 (1.4 Rupiah) which was reached on October 28 2021. How big is the market cap needed for SHIBA to reach its ATH price? Let's calculate 👇MarketcapATH= Supply in circulation × Price ATHMarketcapATH= 589.34 Trillion × $0.000088MarketcapATH= $51.862 Trillion. It can be seen that SHIBA with an ATH price needs a marketcap of $51.86 Trillion. CONCLUSIONFrom the calculation above it can be seen that DOGE needs a marketcap of $103.29 Billion and SHIBA require a market cap of $51.86 Trillion. And we can see on the CMC site that the market cap volume of DOGE in 1 day is $ 142 million and the market cap of SHIBA in 1 day is $ 80 million. From these data we can take into account when measuring potential for $DOGE & $SHIB to reach ATH, of course the market is not as easy as we imagine, market conditions can make it possible to reach ATH faster or even slower. #bitcoin #BTC #doge #SHIB
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A "Whale" Loses $49K In 10 MinutesThe fake news about the SEC approving the Bitcoin ETF spread by Cointelegraph today claimed many victims due to too much FOMO. One of them was this whale, he was lured by the fake news then he bought 20.5 WBTC around 613,201 $USDC , but after there was confirmation that the news what was distributed by Cointelegraph was fake, then the whale sold 20.5 WBTC, the value of which fell to 563,970 $USDC . If calculated, the whale suffered a loss of 49,231 $USDC and this loss only occurred in a span of 10 minutes. #bitcoin #Binance #BinanceSquare 055 66665290

A "Whale" Loses $49K In 10 Minutes

The fake news about the SEC approving the Bitcoin ETF spread by Cointelegraph today claimed many victims due to too much FOMO. One of them was this whale, he was lured by the fake news then he bought 20.5 WBTC around 613,201 $USDC , but after there was confirmation that the news what was distributed by Cointelegraph was fake, then the whale sold 20.5 WBTC, the value of which fell to 563,970 $USDC . If calculated, the whale suffered a loss of 49,231 $USDC and this loss only occurred in a span of 10 minutes. #bitcoin #Binance #BinanceSquare 055 66665290
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These 7 Tokens/Coins are Ready to Soar During the BullrunThe accumulation phase like now is the right time to buy, by buying at this time you can minimize losses because the possibility of prices going down is smaller than the possibility of going up. Here are 7 Tokens/Coins that have the possibility of soaring high during the bullrun later. OPTIMISM $OP Moving on Ethereum Layer 2 blockchain, Optimism offers very cheap and fast fees compared to other networks. With an Ath value of $4 and now at a price of 1$, OP is one of the best options to soar on the next Bullrun. Hooked Protocol $HOOK Token which makes Web3 its project domain and offers Learning, reading, gaming & earning features is also one of the tokens that has potential during the bullrun. With a Max supply of only 500 million, it is very easy to get hooked to fly high because it requires a market cap that is not too big. Arkham $ARKM Has a project that is different from most other crypto projects, Arkham offers an intelligence/spy feature to minimize scam projects in crypto because we can track it via Arkam. Arkham has a bright future because the project they are running will be very useful in the future when blockchain technology is truly implemented. Pepe $PEPE As a meme token, PEPE has great potential to soar because most every micin token will have a future for its fomos like shiba and doge that has passed.Floki $FLOKIA little different from Pep, Floki has a project that uses Floki as a means of payment. But like all “meme tokens” Floki will also experience a bullrun.Pendle $PENDLEThe first DeFi protocol that allows trading of future token yields in an automated market maker (AMM) system. In addition, Pendle only has a max supply of 258 Million, this makes $Pendle have a big possibility to soar in the future. CyberConnect $CYBERDesigned to strengthen the next stage of hyper-scalability for web3 social dApps and give users a social networking experience that feels familiar to web2. Apart from that, $Cyber ​​is still considered Early and has a low max supply. Note: Written only as an option, not an invitation to buy. #dyor #crypto #cryptocurrency #Binance

These 7 Tokens/Coins are Ready to Soar During the Bullrun

The accumulation phase like now is the right time to buy, by buying at this time you can minimize losses because the possibility of prices going down is smaller than the possibility of going up. Here are 7 Tokens/Coins that have the possibility of soaring high during the bullrun later. OPTIMISM $OP Moving on Ethereum Layer 2 blockchain, Optimism offers very cheap and fast fees compared to other networks. With an Ath value of $4 and now at a price of 1$, OP is one of the best options to soar on the next Bullrun. Hooked Protocol $HOOK Token which makes Web3 its project domain and offers Learning, reading, gaming & earning features is also one of the tokens that has potential during the bullrun. With a Max supply of only 500 million, it is very easy to get hooked to fly high because it requires a market cap that is not too big. Arkham $ARKM Has a project that is different from most other crypto projects, Arkham offers an intelligence/spy feature to minimize scam projects in crypto because we can track it via Arkam. Arkham has a bright future because the project they are running will be very useful in the future when blockchain technology is truly implemented. Pepe $PEPE As a meme token, PEPE has great potential to soar because most every micin token will have a future for its fomos like shiba and doge that has passed.Floki $FLOKIA little different from Pep, Floki has a project that uses Floki as a means of payment. But like all “meme tokens” Floki will also experience a bullrun.Pendle $PENDLEThe first DeFi protocol that allows trading of future token yields in an automated market maker (AMM) system. In addition, Pendle only has a max supply of 258 Million, this makes $Pendle have a big possibility to soar in the future. CyberConnect $CYBERDesigned to strengthen the next stage of hyper-scalability for web3 social dApps and give users a social networking experience that feels familiar to web2. Apart from that, $Cyber ​​is still considered Early and has a low max supply. Note: Written only as an option, not an invitation to buy. #dyor #crypto #cryptocurrency #Binance
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Gauging Solana's Potential Back To ATHSince being hit by the storm during the FTX case, Solana has fallen deep into the $20s area. It had plunged to below $10 but in fact $SOL There are still many who believe it. However, if we look at the Solana chart with a 1 day tf, it is clear that $SOL is trying to maintain itself in the $20 price range. Remembering that in the past $SOL once held the title "BNB K1ller "Now it has disappeared because of the case at FTX and the continuous bear market. Will Solana be able to return to ATH? Below, Mimin gives calculations using data on how much market cap Solana needs to return to ATH. With Solana's current circulating supply of 416 million Solana and having a market cap of $8.87 billion, the price of Solana is now $22. The ATH value of Solana is $260 which is happened in 2021. So we use the following formula 👇Marketcap = Supply circulating × Price ATHMarketcap= 416,000,000 x $260Marketcap = $108,160,000,000Now you can see the results that Solana needs a marketcap of $108 billion. Whether or not Solana returns to Ath depends on whether Solana can reach that marketcap. #solana #Binance #crypto2023 #cryptocurrency

Gauging Solana's Potential Back To ATH

Since being hit by the storm during the FTX case, Solana has fallen deep into the $20s area. It had plunged to below $10 but in fact $SOL There are still many who believe it. However, if we look at the Solana chart with a 1 day tf, it is clear that $SOL is trying to maintain itself in the $20 price range. Remembering that in the past $SOL once held the title "BNB K1ller "Now it has disappeared because of the case at FTX and the continuous bear market. Will Solana be able to return to ATH? Below, Mimin gives calculations using data on how much market cap Solana needs to return to ATH. With Solana's current circulating supply of 416 million Solana and having a market cap of $8.87 billion, the price of Solana is now $22. The ATH value of Solana is $260 which is happened in 2021. So we use the following formula 👇Marketcap = Supply circulating × Price ATHMarketcap= 416,000,000 x $260Marketcap = $108,160,000,000Now you can see the results that Solana needs a marketcap of $108 billion. Whether or not Solana returns to Ath depends on whether Solana can reach that marketcap. #solana #Binance #crypto2023 #cryptocurrency
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Starting October 12, 2023, Binance Feed Rebranding to Binance Square. For fellow creators, let's support each other and make the Binance Square ecosystem better. #crypto2023 #Binance
Starting October 12, 2023, Binance Feed Rebranding to Binance Square. For fellow creators, let's support each other and make the Binance Square ecosystem better.
#crypto2023 #Binance
$ARKM Back to doing the support test, this is the 3rd time $ARKM has tested support level . Considering the market is bearish, will $ARKM be able to reverse? #Binance #BTC #blockchain #bitcoin
$ARKM Back to doing the support test, this is the 3rd time $ARKM has tested support level . Considering the market is bearish, will $ARKM be able to reverse?
#Binance #BTC #blockchain #bitcoin
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The Reason Why "Fan Tokens" Can't Soar HighFirst pioneered by Socios and followed by Binance "Fan Token" was created to strengthen the relationship between supporters and a club. With the lure of various advantages such as membership, club exchange tools, and voting rights, in fact this does not make "Fan tokens" attractive This is proven by the low average price of "Fan tokens" such as $JUV $BAR $ASR even though these tokens have a low average Maximal Supply. Basically, fan tokens do not have to have an underlying value (or a crypto asset that is the basis of the price) bitcoin or ethereum. In other words, the value of a fan token is measured by the value of the fans who bought the token and the value of their loyalty to the club they like.

The Reason Why "Fan Tokens" Can't Soar High

First pioneered by Socios and followed by Binance "Fan Token" was created to strengthen the relationship between supporters and a club. With the lure of various advantages such as membership, club exchange tools, and voting rights, in fact this does not make "Fan tokens" attractive This is proven by the low average price of "Fan tokens" such as $JUV $BAR $ASR even though these tokens have a low average Maximal Supply. Basically, fan tokens do not have to have an underlying value (or a crypto asset that is the basis of the price) bitcoin or ethereum. In other words, the value of a fan token is measured by the value of the fans who bought the token and the value of their loyalty to the club they like.
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BNB Burn On The WayBinance is expected to burn $BNB , this step is the 25th time for $BNB after the 24th was carried out on July 19 2023 yesterday. CZ as the founder of Binance also said this in his Binance Feed post. This 25th burn was allocated 2,104,426 Tokens $BNB or worth $435,616,182 at a price of $207 per 1 BNB now. Burn data on BNB can be seen via the Bnbburned website as in the picture below. It clearly says "waiting for burn execution" because it is not explained what date it will be This burn is carried out, but what is clear is that this burn activity will not be long. Will this burn activity increase the price of BNB? Considering that BNB has now fallen at the level of $207.#Binance #bitcoin #crypto2023 #cryptocurrency

BNB Burn On The Way

Binance is expected to burn $BNB , this step is the 25th time for $BNB after the 24th was carried out on July 19 2023 yesterday. CZ as the founder of Binance also said this in his Binance Feed post. This 25th burn was allocated 2,104,426 Tokens $BNB or worth $435,616,182 at a price of $207 per 1 BNB now. Burn data on BNB can be seen via the Bnbburned website as in the picture below. It clearly says "waiting for burn execution" because it is not explained what date it will be This burn is carried out, but what is clear is that this burn activity will not be long. Will this burn activity increase the price of BNB? Considering that BNB has now fallen at the level of $207.#Binance #bitcoin #crypto2023 #cryptocurrency
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Cryptocurrency Regulation DilemmasBitcoin and other Cryptocurrencies live in a decentralized ecosystem. Viewed as an investment tool that is volatile, High risk High return, in fact this has become a special attraction for hodlers (Crypto investors). However, it is very unfortunate, there are also quite a few bad people who are looking for profits in the crypto ecosystem. They cunningly create scam projects, steal through hacking, and deceive people. Like the problems created by Do Kwon Founder of Terraform Labs $LUNA , and Sam Bankman Founder of FTX $FTM are small examples of problems that exist in the crypto ecosystem. The emergence of cases like that made several figures and government organizations issue statements to regulate cryptocurrency. The emergence of this statement for crypto regulation received a lot of support from several parties including crypto users themselves. However, can a decentralized crypto ecosystem be regulated? The meaning of decentralized is without a center and is not bound, while regulation means centralized and bound. Currently there is no best way to regulate Bitcoin and Cryptocurrency because regulating means throwing away the decentralization of Cryptocurrency itself. By regulating Crypto, Bitcoin and Crypto are already cannot be called a decentralized system. Things like this give rise to dilemmas in cryptocurrency regulation efforts. #crypto2023 #bitcoin #ETH #cryptocurrency

Cryptocurrency Regulation Dilemmas

Bitcoin and other Cryptocurrencies live in a decentralized ecosystem. Viewed as an investment tool that is volatile, High risk High return, in fact this has become a special attraction for hodlers (Crypto investors). However, it is very unfortunate, there are also quite a few bad people who are looking for profits in the crypto ecosystem. They cunningly create scam projects, steal through hacking, and deceive people. Like the problems created by Do Kwon Founder of Terraform Labs $LUNA , and Sam Bankman Founder of FTX $FTM are small examples of problems that exist in the crypto ecosystem. The emergence of cases like that made several figures and government organizations issue statements to regulate cryptocurrency. The emergence of this statement for crypto regulation received a lot of support from several parties including crypto users themselves. However, can a decentralized crypto ecosystem be regulated? The meaning of decentralized is without a center and is not bound, while regulation means centralized and bound. Currently there is no best way to regulate Bitcoin and Cryptocurrency because regulating means throwing away the decentralization of Cryptocurrency itself. By regulating Crypto, Bitcoin and Crypto are already cannot be called a decentralized system. Things like this give rise to dilemmas in cryptocurrency regulation efforts. #crypto2023 #bitcoin #ETH #cryptocurrency
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