Binance announced the 45th project on Binance Launchpool - AltLayer (ALT), a platform to launch native and restaked Rollups with both Optimistic and ZK Rollup Stacks. Users will be able to stake their BNB and FDUSD into separate pools to farm ALT tokens over six days.
Farming starts on 2024-01-19 00:00 (UTC).
Binance will then list ALT on 2024-01-25 10:00 (UTC) and open trading with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs. Do note the more BNB you stake, the higher number of ALT tokens you will receive as 80% of ALT tokens is allocated as staking reward to those who stake BNB while 20% of ALT token is allocated as staking reward to those who stake FDUSD.
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SEC APPROVAL OF SPOT BITCOIN ETF After much deliberation while acting within the confines of the law, Security and Exchange Commission (SEC) approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. For full detailed report, tap on the link below for more: https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023
Less than 12hours to farm the 43rd project on Binance Launchpool - Xai (XAI).
Users who staked their BNB, FDUSD and TUSD into separate pools to farm XAI tokens should prepare to trade their tokens tomorrow, 2024-01-09. XAI token will be listed by 10:00 (UTC) and open for trading.
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There are a couple of factors that could have led to the market shake off which has caused the prices of cryptocurrencies trading in the negative. - Bitcoin ETF not approved by Security Exchange Commission (SEC). There were couple of speculation that Bitcoin ETF would be approved in January 5th and that could boost the value and price of Bitcoin and other cryptocurrencies, with institutional investors like Grayscale, Fidelity, BlackRock, Ark and other whale investors acquiring more Bitcoin while crypto enthusiasts buying into the âfear of missing outâ (FOMO). The outcome was that SEC did not approve Bitcoin ETF and approval postponed to a later date but only sold the news and this led to massive sell off over the weekend. The market is still bleeding red but this has created a buying opportunity for those enthusiasts who strongly believe in the bull market coming up in 2025, to buy the dip now. For those who have spot trade and bought into their choice crypto, this is not the time to panic sell as the market will recover soon. Goodluck!
I will keep you posted on subsequent updates. Follow for more. Like and share if this post was helpful.
HUOBI KOREA SHUTDOWN PLATFORM CITING BUSINESS DIFFICULTIES
HUOBI Korea announces termination of virtual asset exchange services due to business operations difficulties and set to close services on Jan 29 but user will be able to withdraw assets between. My advice to users or intending users of the platform is to be wary and manage assets on the platform with caution, heavy deposits should be avoided while gradually transferring assets to other trusted platforms be made ASAP.
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SLEEPLESS AI TOKEN OFFICIALLY LISTED ON BINANCE!!!
After successful farming of the sleepless AI token, itâs time to trade, offering an exciting opportunity for investors and enthusiasts.
Binance has officially listed Sleepless AI (AI) today January 4, 2024, set to open trading at 10:00 (UTC). Trading pairs are AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD and AI/TRY.
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Reports have it that SEC might reject Bitcoin spot #ETF which is causing a scene in the crypto space and leading to panic sell of assets. With a short squeeze to $293.6, BNB has bounced back above $300 and currently trading fairly.
BNB holders benefit from collateralizing assets against Binance Loans, other benefits include eligibility in Launchpool airdrops, Launchpad eligibility and VIP benefits.
My advice to you is to hold steady to your BNB tokens and not be bothered by the market sentiments. As a matter of fact, here is another opportunity to acquire more tokens (when the market is red and some panic to sell at a lower price).
Market sentiments and whale investors have huge impact on the price fluctuations of cryptocurrency tokens and market as a whole but regardless we shouldnât loose focus.
Ethereum is an open source platform for decentralized applications and considered the pioneer of smart contract. Buying some Ethereum is a good idea If youâre here to ride the tide of the next bull season cycle and believe in the future of alt coins.
The last bull market price of Ethereum as at 2021-11-01 was trading for $4,868 while the 2022 bear market cycle as at 2022-06-01 was trading for $881.56.
Currently the market price of Ethereum is $2,360 and as we approach the bull season slated for 2025, itâs wise to add some Ethereum to your bag.
- Stay updated with current market trends and news. - Avoid fear of missing out (FOMO) Diversifying your portfolio by investing in alt coins with strong market value.
Less than 30hours left to farm free sleepless AI token on Binance.
I want to believe you followed our last update on farming free token on Binance Launchpool and now that farming is almost complete in less than 30hours, Watch out for trading activity and make money.
I will keep you updated on when trading begins, so watch out for this space.
NFP token listed on Binance and will be open for trading in less than 90mins.
How much token did you farm. Remember the bigger the stake, the bigger the reward you get in the Launchpool and that defines the total value of the free token received. Fingers crossed while we await the opening price for us to trade.
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Did you miss the last Launchpool project on Binance, here is another opportunity to farm new token, SLEEPLESS AI. Binance announced the 42nd project on Binance Launchpool; Sleepless AI (AI). A web3+AI gaming platform, The website is expected to be available in less than 24 hours.
SLEEPLESS AI farming starts on the 28th/December/2023. Users will be able to stake FDUSD, TUSD and BNB into separate pools to farm AI tokens over seven (7) days.
Binance will list Sleepless AI on the 4th/January/2024 for trading.
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Binance launched a promotion for BNB holders. Simply subscribe to BNB vault by holding BNB during the promotional period and get rewarded of up to 1 BNB. Promotion period starts : December 19th 2023 (12 UTC) Promotion ends: January 5th 2024 (23:59 UTC)
Requirements: Register for the promotion Subscription amount: minimum of 0.1 BNB Click the link below to get started.
You get a chance to claim free Bitcoin tokens weekly as well as AVIVE token point by completing given tasks which involves following AVIVE on twitter (X) and also involving your friends to do same. Use the link below and follow stated guidelines.
#Avive - Proof Of Networking Protocol If you missed #BTC and #ETH , do not miss #Avive đClick this link to register https://m.avive.world/register/?vcode=a3px2h
Invitation code: a3px2h
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The best way to accumulate as much crypto tokens as you can is before their listing on exchanges and Binance provide an avenue for this. Presently there is an ongoing opportunity to acquire NFP token on Binance Launchpool by simply staking TUSD, FDUSD and BNB on the platform. Do note this Launchpool is for 7 days only, with 4 days left to go. Act now!!!
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The value of cryptocurrencies is driven by a combination of factors, and itâs important to understand that these factors can be interrelated and highly dynamic.Here are the key drivers of cryptocurrency value:1. Supply and Demand: Like any other asset, the basic law of supply and demand plays a significant role. If thereâs a high demand for a particular cryptocurrency and the supply is limited, its price tends to rise.2. Utility and Use Cases: The utility of a cryptocurrency within its ecosystem or broader applications can influence its value. Cryptocurrencies that have real-world use cases, such as facilitating transactions, powering smart contracts, or enabling decentralized finance (DeFi) applications, tend to have higher value.3. Adoption and Acceptance: Widespread adoption and acceptance by businesses, individuals, and institutions can boost a cryptocurrencyâs value. When more people and companies use a cryptocurrency for various purposes, it becomes more valuable.4. Market Sentiment: Investor sentiment can have a significant impact. Positive news, partnerships, or developments can drive up prices, while negative news or security breaches can lead to declines, citing the circumstances which led to the collapse of FTX, greatly affected the trust of institutional investors and crypto enthusiasts in crypto investment.5. Regulatory Environment: Government regulations and policies can affect the value of cryptocurrencies. Clear and favorable regulations can encourage investment, while uncertainty or restrictive regulations can have the opposite effect. Citing strict US regulatory compliance on Binance has impacted its operations to serve a larger audience in the US market.6. Technology and Innovation: Technological advancements, upgrades, or improvements to the underlying blockchain technology can enhance a cryptocurrencyâs value. Investors often pay attention to technological developments when evaluating the potential of a cryptocurrency. Example is the Ethereum upgrade to Etheruem Shanghai/Shapella upgrade (Ethereum 2.0) simply moving from an energy-intensive prove-of-work to prove-of-stake algorithm.7. Market Liquidity: Liquidity, measured by trading volume, is crucial for price stability. Cryptocurrencies with higher liquidity tend to have smaller price fluctuations.8. Speculation: Speculative trading and market psychology play a significant role. Fear of Missing Out (FOMO) and Fear, Uncertainty, Doubt (FUD) can lead to rapid price movements.9. Global Economic Factors: Economic conditions, inflation, and macroeconomic events can influence investor behavior. Some investors turn to cryptocurrencies as a store of value or hedge against economic uncertainty.The US federal reserve board (chaired Jerome Powell) while conducting, tightening monetary policy and maintaining its 2% inflation target is impacting the inflow of âexcessâ funds diverted into cryptocurrencies investment at the moment from individual and institutional investors but regardless strong believers in value and future of cryptocurrencies, examples are BlackRock and MicroStrategy are accumulating Bitcoin in the bear market.With all hopes towards the next Bitcoin halving event in 2024 and bull run in 2025, thereâs glimpse of hope for the future prices and value of cryptocurrencies.Itâs important to note that cryptocurrency markets are highly volatile and speculative. Prices can be influenced by a complex interplay of these factors, and they can change rapidly. Consequently, investing in cryptocurrencies carries significant risk, and itâs important to do thorough research, diversify your investment portfolio, and consider your risk tolerance before investing.Follow for more tips and updates!#BTC #ETH #BNB
Memecoin is native ecosystem token of Memeland. Memeland is the web3 venture studio by 9GAG, the globally popular meme platform.You can earn free Memecoin on Binance by staking your FDUSD, TUSD and BNB into respective pools.In simple terms, by simply having TUSD, FDUSD and or BNB in your Binance account, you can earn free Memecoin right now by way of âfarmingâ on Binance Launchpool for the next 30days.Farming Period: 2023-10-28 00:00 (UTC) to 2023-11-26 23:59 (UTC).Follow for more cryptocurrency news and update!#TUSD #FDUSD #BNB
Updates like this makes me happy regardless of time of day. Investment portfolio gradually rising and itâs some good news especially with the Bitcoin halving countdown coming up early next year, 2024.For those trying to âcatch the night busâ in crypto, be careful of fear of missing out (FOMO), I expect a sharp correction soon.Letâs build together. Follow for more updates and related content.#BTC #ETH #BNB