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#Bitcoin❗️ 🚨🔥
🗞️📰The recent rise of $BTC has reached $77,000, marking a significant milestone in the world of cryptocurrencies..
🪅🥳🚀
This increase has been driven by the recent decision of the Federal Reserve of the United States to cut interest rates by 25 basis points..
This event not only reflects the growing acceptance and trust in Bitcoin as a valuable asset, but also the influence of global monetary policies on cryptocurrency markets.
Bitcoin's ability to reach new all-time highs suggests sustained demand and a positive perception of its long-term value.
From a broader perspective, this milestone can be seen as a reflection of the evolution of the global financial system, where cryptocurrencies are gaining ground as viable alternatives to traditional currencies. However, it is also important to remember that the cryptocurrency market is highly volatile and may be subject to significant fluctuations.
$BTC
$ETH
🗞️📰The recent rise of $BTC has reached $77,000, marking a significant milestone in the world of cryptocurrencies..
🪅🥳🚀
This increase has been driven by the recent decision of the Federal Reserve of the United States to cut interest rates by 25 basis points..
This event not only reflects the growing acceptance and trust in Bitcoin as a valuable asset, but also the influence of global monetary policies on cryptocurrency markets.
Bitcoin's ability to reach new all-time highs suggests sustained demand and a positive perception of its long-term value.
From a broader perspective, this milestone can be seen as a reflection of the evolution of the global financial system, where cryptocurrencies are gaining ground as viable alternatives to traditional currencies. However, it is also important to remember that the cryptocurrency market is highly volatile and may be subject to significant fluctuations.
$BTC
$ETH
🍅🗞️ 31 OCTOBER 🎃🪄🔮 AIRDROP TOMARKET 🍅
The Tomarket airdrop is an exciting event for users of the Tomarket platform, a popular tap-to-earn game on Telegram. The airdrop involves distributing $TOMATO tokens to eligible users based on their in-game activity and $TOMATO balance.
To participate in the airdrop, you need to connect your BitGet wallet to the Tomarket app. Here’s a quick guide on how to do it:
1. Download and Setup BitGet Wallet:
If you don't already have it, download the BitGet wallet app from the official website or your device’s app store. Create a new wallet or import an existing one using your recovery phrase.
2. Open Tomarket App*: Go to the wallet section in the Tomarket app on Telegram.
3. Connect Wallet: Click on the ‘Connect’ button, which will redirect you to the BitGet Wallet. Approve the permission for Tomarket.
4. Return to Tomarket: Your BitGet wallet should now be connected and ready to receive $TOMATO tokens.
The airdrop is based on a snapshot of users' in-game $TOMATO balance and activity levels, taken on September 2nd, 2024. To maximize your $TOMATO earnings, you can:
Play the tap-to-earn game: Harvest $TOMATO by tapping on icons during a 30-second playtime.
Farm $TOMATO: Use the “Farm” feature to automatically farm $TOMATO tokens.
Complete Tasks: Join community channels and follow Tomarket on social media.
Invite Friends: Earn bonus $TOMATO tokens by inviting friends to join.
This airdrop is a great opportunity to get involved with the Tomarket community and potentially benefit from the growing popularity of the platform. If you have any more questions or need further assistance, feel free to ask!
#TonChain #TON/USDT $TON #DOGSONBINANCE
The Tomarket airdrop is an exciting event for users of the Tomarket platform, a popular tap-to-earn game on Telegram. The airdrop involves distributing $TOMATO tokens to eligible users based on their in-game activity and $TOMATO balance.
To participate in the airdrop, you need to connect your BitGet wallet to the Tomarket app. Here’s a quick guide on how to do it:
1. Download and Setup BitGet Wallet:
If you don't already have it, download the BitGet wallet app from the official website or your device’s app store. Create a new wallet or import an existing one using your recovery phrase.
2. Open Tomarket App*: Go to the wallet section in the Tomarket app on Telegram.
3. Connect Wallet: Click on the ‘Connect’ button, which will redirect you to the BitGet Wallet. Approve the permission for Tomarket.
4. Return to Tomarket: Your BitGet wallet should now be connected and ready to receive $TOMATO tokens.
The airdrop is based on a snapshot of users' in-game $TOMATO balance and activity levels, taken on September 2nd, 2024. To maximize your $TOMATO earnings, you can:
Play the tap-to-earn game: Harvest $TOMATO by tapping on icons during a 30-second playtime.
Farm $TOMATO: Use the “Farm” feature to automatically farm $TOMATO tokens.
Complete Tasks: Join community channels and follow Tomarket on social media.
Invite Friends: Earn bonus $TOMATO tokens by inviting friends to join.
This airdrop is a great opportunity to get involved with the Tomarket community and potentially benefit from the growing popularity of the platform. If you have any more questions or need further assistance, feel free to ask!
#TonChain #TON/USDT $TON #DOGSONBINANCE
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☕🐹The Big Day of the Hamster Kombat #HMSTR airdrop has arrived, which generated a lot of interest in the crypto community for being a "tap-to-earn" game on Telegram, and which comes from an excellent job done by #notcoin and #dogs of the #ton network
Remember that the cryptographic world's greatest strength is trust, I know that in the distribution of the token, the players were a little disappointed by the great work and the little reward. And this may have implications on the price, so COME ON TRADERS! This leads us to reflect that the Hamster Kombat airdrop is not only an opportunity to get free tokens, but also a way to get more involved in the crypto community and in the game.
We are also pioneering the TON chain or using the EBI decentralized exchange.
Additionally, 88.75% of the tokens will be available immediately, while the remaining 11.25% will be released in July 2025. This encourages long-term retention of the tokens.
Remember that the cryptographic world's greatest strength is trust, I know that in the distribution of the token, the players were a little disappointed by the great work and the little reward. And this may have implications on the price, so COME ON TRADERS! This leads us to reflect that the Hamster Kombat airdrop is not only an opportunity to get free tokens, but also a way to get more involved in the crypto community and in the game.
We are also pioneering the TON chain or using the EBI decentralized exchange.
Additionally, 88.75% of the tokens will be available immediately, while the remaining 11.25% will be released in July 2025. This encourages long-term retention of the tokens.
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New Binance Tap Game $BNB on telegram don't miss this new #Airdrop #AirdropNews follow the link and be part of it 👇🏻✨🍀
https://t.me/Binance_Moonbix_bot/start?startApp=ref_1839901220&startapp=ref_1839901220&utm_medium=web_share_copy
https://t.me/Binance_Moonbix_bot/start?startApp=ref_1839901220&startapp=ref_1839901220&utm_medium=web_share_copy
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Financial markets can be volatile and market downturns, or #MarketDownturn , are an inevitable part of the business cycle. These periods can be challenging, but they also offer opportunities to reflect and adjust strategies.
From a philosophical perspective, market downturns remind us of the impermanence and cyclical nature of life. Just as in life, markets also have ups and downs. It is a good time to practice patience and resilience.
#MarketDownturn
Taking advantage of market downturns can be a smart strategy if handled with care and planning.
Strategies to consider:
1. Take advantage of the dip and buy at low prices:
Market downturns can offer opportunities to buy solid currencies at low prices with long-term growth prospects.
2. Diversification:
Maintaining a diversified portfolio can help mitigate risk. Investing in a variety of assets, such as $BTC ,$ETH , $BNB , #solana , or #USDC/USDT can protect your investment against market volatility.
3. Portfolio Rebalancing:
During a market downturn, it may be a good time to rebalance your portfolio. This involves adjusting the proportion of different assets to maintain your original investment strategy.
4. Long-Term Investing:
Maintaining a long-term perspective can help you avoid impulsive decisions based on short-term fluctuations. History has shown that markets tend to recover over time.
5. Mutual Funds and ETFs:
Consider investing in mutual funds or ETFs that offer diversified exposure to the market. These instruments can provide a safer way to invest during periods of volatility.
6. Keep cash on hand:
Having a cash reserve allows you to take advantage of buying opportunities when prices are low without having to sell other assets at a bad time.
7. Continuing education:
Stay informed about market trends.
From a philosophical perspective, market downturns remind us of the impermanence and cyclical nature of life. Just as in life, markets also have ups and downs. It is a good time to practice patience and resilience.
#MarketDownturn
Taking advantage of market downturns can be a smart strategy if handled with care and planning.
Strategies to consider:
1. Take advantage of the dip and buy at low prices:
Market downturns can offer opportunities to buy solid currencies at low prices with long-term growth prospects.
2. Diversification:
Maintaining a diversified portfolio can help mitigate risk. Investing in a variety of assets, such as $BTC ,$ETH , $BNB , #solana , or #USDC/USDT can protect your investment against market volatility.
3. Portfolio Rebalancing:
During a market downturn, it may be a good time to rebalance your portfolio. This involves adjusting the proportion of different assets to maintain your original investment strategy.
4. Long-Term Investing:
Maintaining a long-term perspective can help you avoid impulsive decisions based on short-term fluctuations. History has shown that markets tend to recover over time.
5. Mutual Funds and ETFs:
Consider investing in mutual funds or ETFs that offer diversified exposure to the market. These instruments can provide a safer way to invest during periods of volatility.
6. Keep cash on hand:
Having a cash reserve allows you to take advantage of buying opportunities when prices are low without having to sell other assets at a bad time.
7. Continuing education:
Stay informed about market trends.
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📉📰🗞️$BTC Drop today, August 5, 2024:
The price of BTC (#Bitcoin ) at the beginning of this week is $50,278, which represents a significant decrease from last Monday's price of $69,533. The next upper resistance levels are $52,465 and $56,591, while the lower supports are $47,361 and $39,110.
Additionally, some key market events to watch this week include:
1-. August 5: US - ISM Non-Manufacturing PMI for July (Expected value: 51.4). A reading below 51.4 could indicate an economic contraction, which could affect both Wall Street and the cryptocurrency market.
2-. August 8: US - Initial Unemployment Claims (Expected value: 245K). Higher-than-expected jobless claims may signal economic weakness and affect the cryptocurrency market.
3-. August 9: Germany - CPI (MoM) for July (Expected value: 0.3%). A lower than expected CPI could affect $BTC prices and lead the European Central Bank to cut interest rates again this year.
This information does not constitute financial advice, it is a compilation of important news sources in the world, always remembering that it is important to conduct exhaustive research before making decisions in the volatile world of cryptocurrencies 📉💡
The price of BTC (#Bitcoin ) at the beginning of this week is $50,278, which represents a significant decrease from last Monday's price of $69,533. The next upper resistance levels are $52,465 and $56,591, while the lower supports are $47,361 and $39,110.
Additionally, some key market events to watch this week include:
1-. August 5: US - ISM Non-Manufacturing PMI for July (Expected value: 51.4). A reading below 51.4 could indicate an economic contraction, which could affect both Wall Street and the cryptocurrency market.
2-. August 8: US - Initial Unemployment Claims (Expected value: 245K). Higher-than-expected jobless claims may signal economic weakness and affect the cryptocurrency market.
3-. August 9: Germany - CPI (MoM) for July (Expected value: 0.3%). A lower than expected CPI could affect $BTC prices and lead the European Central Bank to cut interest rates again this year.
This information does not constitute financial advice, it is a compilation of important news sources in the world, always remembering that it is important to conduct exhaustive research before making decisions in the volatile world of cryptocurrencies 📉💡
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👩🚒🔥🚨
THEY BURN MORE THAN 970 MILLION IN TOKEN $BNB
Burning a significant amount of $BNB tokens could have an impact on its price, but it is important to consider several factors. Currently, the price of BNB is approximately $582.62 USD. However, I don't know how to predict how BNB tokens will specifically affect the crypto market.
What is certain is that token burning generally reduces the circulating supply, which could increase demand and, in theory, raise the price. However, other factors such as market perception, adoption, and news related to $BNB also influence its value.
THEY BURN MORE THAN 970 MILLION IN TOKEN $BNB
Burning a significant amount of $BNB tokens could have an impact on its price, but it is important to consider several factors. Currently, the price of BNB is approximately $582.62 USD. However, I don't know how to predict how BNB tokens will specifically affect the crypto market.
What is certain is that token burning generally reduces the circulating supply, which could increase demand and, in theory, raise the price. However, other factors such as market perception, adoption, and news related to $BNB also influence its value.
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US Treasury Bills in the Hands of Binance 🚀🧑🚀
Binance.US has obtained court approval to invest certain client trust funds in US Treasury bills.
Judge Amy Berman Jackson allowed the cryptocurrency exchange to proceed with investments under strict conditions, ensuring responsible and transparent fund management.
The company will invest approximately $40 million in increments over four weeks through a TreasuryDirect trading account. Additionally, transparency requirements were imposed, such as providing detailed monthly reports on the costs related to these Treasury investments.
Judge Amy Berman Jackson allowed the cryptocurrency exchange to proceed with investments under strict conditions, ensuring responsible and transparent fund management.
The company will invest approximately $40 million in increments over four weeks through a TreasuryDirect trading account. Additionally, transparency requirements were imposed, such as providing detailed monthly reports on the costs related to these Treasury investments.
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🚨🚨🚨🚨Crypto Thieves 🇮🇳💰🥸
WazirX, a prominent cryptocurrency platform in India, recently faced a serious security incident.
Here are the details
WazirX suffered a security breach that the company described as a "force majeure event." This resulted in the loss of $230 million, 😱 almost half of its reserves. The breach affected one of its multisig portfolios.
What caused that gap?
According to the preliminary investigation, the breach was due to a discrepancy between the data displayed on the interface of a company called Liminal and the actual content of the transaction. The attackers replaced the transaction content to take control of the wallet.
Stolen assets
More than 200 cryptocurrencies were "stolen" from the platform, including 5.43 billion tokens #SHIB more than 15,200 tokens $ETH 20.5 million tokens #Matic 640 billion tokens and 135 million tokens #Gala.
Origin of the attackers
Risk management platform Elliptic reported that the hackers have affiliation with North Korea.
Impact on WazirX
The $230 million loss is significant for WazirX, which had around $500 million in reserves according to its June reserves testing disclosure.
Other exchanges
Like CoinSwitch and CoinDCX, two other major cryptocurrency platforms in India, assured their customers that their funds were safe and were not affected by this incident.
WazirX, a prominent cryptocurrency platform in India, recently faced a serious security incident.
Here are the details
WazirX suffered a security breach that the company described as a "force majeure event." This resulted in the loss of $230 million, 😱 almost half of its reserves. The breach affected one of its multisig portfolios.
What caused that gap?
According to the preliminary investigation, the breach was due to a discrepancy between the data displayed on the interface of a company called Liminal and the actual content of the transaction. The attackers replaced the transaction content to take control of the wallet.
Stolen assets
More than 200 cryptocurrencies were "stolen" from the platform, including 5.43 billion tokens #SHIB more than 15,200 tokens $ETH 20.5 million tokens #Matic 640 billion tokens and 135 million tokens #Gala.
Origin of the attackers
Risk management platform Elliptic reported that the hackers have affiliation with North Korea.
Impact on WazirX
The $230 million loss is significant for WazirX, which had around $500 million in reserves according to its June reserves testing disclosure.
Other exchanges
Like CoinSwitch and CoinDCX, two other major cryptocurrency platforms in India, assured their customers that their funds were safe and were not affected by this incident.
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🗞️ Opinions 📰
Telegram embraces crypto assets more than ever
The Open Platform (TOP) has announced a strategic investment in Pluto Studio, the developer of the rapidly growing Telegram-based cryptocurrency game Catizen.
Catizen has been gaining traction alongside other major cryptocurrency games on Telegram. Pluto Studio revealed on Monday that the game has already attracted about 25 million players.
TOP is a key developer within The Open Network (#TON) blockchain ecosystem. TOP is known for developing the popular Wallet bot on Telegram and for co-developing Notcoin, the original Telegram-based cryptocurrency game that sparked the trend earlier this year. The specific amount of TOP's investment in Pluto Studio remains undisclosed.
Telegram embraces crypto assets more than ever
The Open Platform (TOP) has announced a strategic investment in Pluto Studio, the developer of the rapidly growing Telegram-based cryptocurrency game Catizen.
Catizen has been gaining traction alongside other major cryptocurrency games on Telegram. Pluto Studio revealed on Monday that the game has already attracted about 25 million players.
TOP is a key developer within The Open Network (#TON) blockchain ecosystem. TOP is known for developing the popular Wallet bot on Telegram and for co-developing Notcoin, the original Telegram-based cryptocurrency game that sparked the trend earlier this year. The specific amount of TOP's investment in Pluto Studio remains undisclosed.
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🛎️Ethereum vs. Bitcoin after ETF launch
The ratio between $ETH and $BTC has remained at a positive value of 0.05 since the approval of spot ETFs. This is considerably higher than pre-enactment levels, which were around 0.045. This higher ratio indicates that when the #ETH spot ETFs begin trading, Ethereum is likely to surpass #btc .
Since the approval of Ethereum spot ETFs, ETH has outperformed BTC in several areas. Although the cryptocurrency market has experienced high volatility over the past two months, ETH futures have shown more resilience and a faster recovery than Bitcoin open interest.
ETF Liquidity and Anticipation
ETH trading volume has remained within the same range since May. The approval of the ETF appears to have turned the tide, improving liquidity after falling below $200 million. ETF anticipation has played a key role in this increase in liquidity.
Possibles scenarios
1. Positive Correlation: If the launch of a Bitcoin ETF drives 🚀 an increase in overall cryptocurrency adoption and investment, Ethereum may also benefit.
2. Greater Competition: On the other hand, a Bitcoin ETF could focus attention on Bitcoin as the main investment cryptocurrency, which could limit the growth of Ethereum.
The truth is that both cryptocurrencies can coexist in this cryptographic world and benefit each other in this market that is constantly evolving and their own strengths are what can allow them to maintain their relevance in it.
The ratio between $ETH and $BTC has remained at a positive value of 0.05 since the approval of spot ETFs. This is considerably higher than pre-enactment levels, which were around 0.045. This higher ratio indicates that when the #ETH spot ETFs begin trading, Ethereum is likely to surpass #btc .
Since the approval of Ethereum spot ETFs, ETH has outperformed BTC in several areas. Although the cryptocurrency market has experienced high volatility over the past two months, ETH futures have shown more resilience and a faster recovery than Bitcoin open interest.
ETF Liquidity and Anticipation
ETH trading volume has remained within the same range since May. The approval of the ETF appears to have turned the tide, improving liquidity after falling below $200 million. ETF anticipation has played a key role in this increase in liquidity.
Possibles scenarios
1. Positive Correlation: If the launch of a Bitcoin ETF drives 🚀 an increase in overall cryptocurrency adoption and investment, Ethereum may also benefit.
2. Greater Competition: On the other hand, a Bitcoin ETF could focus attention on Bitcoin as the main investment cryptocurrency, which could limit the growth of Ethereum.
The truth is that both cryptocurrencies can coexist in this cryptographic world and benefit each other in this market that is constantly evolving and their own strengths are what can allow them to maintain their relevance in it.
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Good News 📰🗞️
The price of $SOL Solana on July 14, 2024 was $144.64 at 16:55 hours (UTC), which represents an increase of 4.04% in the last 24 hours, remaining on the rise for this day 15, Congratulations!
Solana's market capitalization is $67.87 billion, indicating that the market highly values this asset.
The price of $SOL Solana on July 14, 2024 was $144.64 at 16:55 hours (UTC), which represents an increase of 4.04% in the last 24 hours, remaining on the rise for this day 15, Congratulations!
Solana's market capitalization is $67.87 billion, indicating that the market highly values this asset.
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ATTENTION 🧐🏦
Binance expanded loanable assets to improve borrowing flexibility.
$BNB has revealed plans to expand its loanable assets offered through Binance Loans (flexible rate) and VIP lending services.
This initiative is designed to address the diverse lending needs of users, improving their flexibility within the platform.
These are the following loanable assets in #Binance Loans (flexible rate) and VIP Loan:
Binance Loans FLEXIBLE RATE: Bittensor (#TAO), LayerZero (#ZRO) and Lista (#LISTA)
VIP Loan: Bittensor (TAO), COTI (COTI), LayerZero (#ZRO), Lista (#LISTA), Portal (PORTAL), Sleepless AI (AI) and Vanar (VANRY).
Binance expanded loanable assets to improve borrowing flexibility.
$BNB has revealed plans to expand its loanable assets offered through Binance Loans (flexible rate) and VIP lending services.
This initiative is designed to address the diverse lending needs of users, improving their flexibility within the platform.
These are the following loanable assets in #Binance Loans (flexible rate) and VIP Loan:
Binance Loans FLEXIBLE RATE: Bittensor (#TAO), LayerZero (#ZRO) and Lista (#LISTA)
VIP Loan: Bittensor (TAO), COTI (COTI), LayerZero (#ZRO), Lista (#LISTA), Portal (PORTAL), Sleepless AI (AI) and Vanar (VANRY).
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Did you know;
🧠🤓 #btc #Finance
Should Bitcoin be declared in income in 2024?
YES... If a user has bought or sold during a year, it must be included in the Income Tax return as a capital gain or loss. The taxation of bitcoins in IRPF SPAIN is very similar to that of shares or what happens when you redeem an investment fund.
So that you understand it better, when making the income you must include the result of the operation in the capital gains and losses section. To do this you must subtract the purchase price from the sale price. If it is positive, it will be a profit. Otherwise, it will be a loss. This figure will be integrated with the rest of the capital gains or losses to be taxed at the savings rates.
🧠🤓 #btc #Finance
Should Bitcoin be declared in income in 2024?
YES... If a user has bought or sold during a year, it must be included in the Income Tax return as a capital gain or loss. The taxation of bitcoins in IRPF SPAIN is very similar to that of shares or what happens when you redeem an investment fund.
So that you understand it better, when making the income you must include the result of the operation in the capital gains and losses section. To do this you must subtract the purchase price from the sale price. If it is positive, it will be a profit. Otherwise, it will be a loss. This figure will be integrated with the rest of the capital gains or losses to be taxed at the savings rates.