10 Best Bitcoin Ecosystem Tokens to Invest in 2024
The Bitcoin ecosystem will continue to expand in 2024, offering a wealth of investment opportunities beyond the flagship cryptocurrency. The top ten Bitcoin ecosystem tokens to consider investing in this year were selected based on their utility, adoption, and growth potential within the broader Bitcoin ecosystem. These tokens represent projects and platforms that interact directly with Bitcoin or enhance its functionality and ecosystem.
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"Laughing" at Hong Kong Bitcoin ETF, missing out on a huge opportunity
The Hong Kong Bitcoin ETF's trading was dismal after its listing and was "ridiculed" by the crypto industry, but time will give the answer - Bitcoin ETF: the cornerstone of wealth encryption.
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https://www.binance.com/zh-CN/join?ref=XSGEK3VL (20% commission rebate) Or refer to the Binance registration tutorial. Spot contracts are automatically rebated 20% every hour. The approval and listing of Hong Kong Bitcoin ETF and US Bitcoin ETF mark the gradual transformation of Bitcoin from a pure digital asset to an investment product accepted by the mainstream financial market. This move not only provides participants in the cryptocurrency market with a safer and more convenient investment channel, but also completes the final construction of the Bitcoin ecological closed loop, that is, from a transaction medium to a value store, and then to an asset that can be invested through traditional financial instruments.
What impacts have occurred after the fourth Bitcoin halving?
Bitcoin has experienced its fourth halving in history. This event not only has a profound impact on the Bitcoin mining ecosystem, but also has aroused widespread attention and heated discussions in the cryptocurrency market.
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Why is the price difference between BTC and ETH getting bigger and bigger?
Summary: The fourth Bitcoin halving initially led to a sell-off, with the price of Bitcoin falling to $57,000 before quickly recovering. This was the worst pullback since the FTX lows.
Ethereum showed similar price performance, experiencing its biggest drop of the cycle, which was twice as severe as Bitcoin.
Ethereum’s underperformance relative to Bitcoin this cycle is reflected in a clear lag in speculative interest among the short-term holder community. Realized caps for both assets remain relatively low relative to long-term holders, suggesting the market could be in the early stages of a macro uptrend.
Hong Kong Bitcoin ETF to be opened to the mainland
On May 11, Harvest Global Investments, the issuer of the first batch of virtual currency ETFs in Hong Kong, plans to open Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) to Chinese investors through the Hong Kong Stock Connect. Han Tongli, CEO of Harvest Fund, revealed that if progress goes smoothly in the next two years, it is not ruled out that the company will apply to include its ETFs in the interconnection plan.
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BTC halving "danger zone" is 2 days away, price retests $60,000
Bitcoin has almost completed its major price decline phase following April’s halving, new analysis confirms.
The 60,000 support level was challenged on the close of May 10, with the classic post-halving “danger zone” scaring the bulls.
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3 Trends Worth Considering Before Bitcoin Returns to a Bull Market
The next bull run in cryptocurrencies has begun. One of the most notable differences compared to past cycles is the type of new investors entering the market. The Bitcoin exchange-traded fund (ETF) has effectively opened the door to wider participation by making it easier for participants to participate, and an Ethereum ETF is widely expected to arrive soon.
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Bitcoin forks are like a road that forks in the road and splits into two roads. Each new road may develop in a different direction, and this phenomenon is called "forking" in the Bitcoin world. Bitcoin, as a digital currency, is built on a technology called blockchain. Blockchain is like a public ledger that records all Bitcoin transaction history.
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Megadrop explained 🔻 Megadrop as Binance’s new coin mining window Different from traditional LaunchPool Megadrop has stricter requirements and adopts a points system. The benefits are determined by the points redemption rules. Users can earn points by purchasing BNB regular financial products or completing Web3 wallet tasks, thereby obtaining actual benefits.
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Binance launches new project: analysis of new coin mining project and investment opportunities
1. Binance New Coin Mining: Restart after Compliance and Market Reaction Since its launch, Binance's new coin mining function has been enthusiastically sought after by the market. However, due to well-known reasons, the sanctions imposed by the U.S. Department of Justice caused this function to be temporarily suspended after August 1 last year. After more than two months of compliance adjustments, Binance restarted the 38th new coin mining project on October 10, marking the beginning of its compliant operation. Since then, Binance has launched 12 new coin mining activities, one every two weeks on average, covering multiple fields such as infrastructure, games, DeFi, NFT and Meme.
https://www.binance.com/zh-CN/join?ref=XSGEK3VL (20% commission rebate) Or refer to the Binance registration tutorial. Spot contracts are automatically rebated 20% every hour. The industry has ended the illegal practices that have hampered its progress; compliant growth has arrived. Cryptocurrency has grown 90% in value this year, and trading volumes grew 60% in the fourth quarter, following a massive market correction. Globally, there are 425 million users, and 83% of G20 countries and major financial centers have or are in the process of developing rules to create certainty for the industry. With such scale and momentum, innovation will continue to grow. The SEC’s approval of a spot Bitcoin ETF could spur new growth in cryptocurrency as an asset class. But as cryptocurrency’s use grows, so too does its utility — from an asset class to driving a necessary update to the century-old financial system.
Binance's shocking airdrop is coming! Exclusive for new and old users, limited-time event is in full swing!
Binance Launches Exclusive Benefits for New Users, Up to 70,000 BNB Coins to Be Shared
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From May 8, 2024 to May 12, 2024 (UTC+8), Binance launched a limited-time welfare event designed for new users. By visiting the designated registration link (https://www.binance.com/zh-CN/join?ref=XSGEK3VL), new users can participate in this event after completing registration and real-name authentication. They only need to complete a cumulative trading volume of 100U during the event period.
The latest Binance exchange registration tutorial in 2024 (text version)
Recently, the virtual currency market has begun to pick up. Many friends want to register or use the virtual currency trading market, but they don’t know how to register. How to register?
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https://www.binance.com/zh-CN/join?ref=XSGEK3VL (20% commission rebate) Or refer to the Binance registration tutorial. Spot contracts are automatically rebated 20% every hour.
When it comes to the virtual currency trading market, the first thing that comes to mind is popular virtual currency trading platforms such as Binance, OY, and Huobi;
What is Binance? Binance Exchange Registration【2024 Latest Tutorial】
What is Binance? Binance is currently the most well-known and most used cryptocurrency exchange. Binance's user interface is user-friendly and available in many different languages. It provides many different products to meet the needs of different users, allowing users to participate in the cryptocurrency market in many different ways.
Binance Exchange - the world's largest Bitcoin exchange, register to receive a 20% commission rebate.
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Summary Binance Launchpad and Newcoin Mining provide users with many opportunities in the cryptocurrency field, including early access to innovative projects and earning rewards through staking.
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The Binance Token Launch Platform provides a safe environment for projects and users interested in participating in cryptocurrency crowdfunding campaigns.
https://www.binance.com/zh-CN/join?ref=XSGEK3VL (20% commission rebate) Or refer to the Binance registration tutorial. Spot contracts are automatically rebated 20% every hour. ①Getting a rebate on your transaction fees is a must in the cryptocurrency world. This is especially true for people with high leverage or large trading volumes such as quantitative trading. ② Let me do some calculations for you: the principal is 1000u, and the order is opened 10 times. The total buying and selling transaction volume is 20000u. Assuming five orders are opened a day, the total transaction volume for one day is 100000u.
(20% commission rebate) Or refer to the Binance registration tutorial. Spot contracts are automatically rebated 20% every hour. If you already have an account, click "Login" and refer to step 3
In the second step, on the registration page, enter your email address, set your login password, check the Binance Terms of Service, and click “Register”.
The most stable and simple way to buy new coins (for beginners)
I found that many people don’t know about the existence of such a new issue of coins. Today I will post a detailed tutorial. At the end of the article, I will also give the selling time of the new issue of coins. Old leeks please skip this article.
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At the end of 2021, the digital currency market exploded, and the number of people opening accounts increased dramatically. Due to the heavy pressure on server throughput, well-known digital currency exchanges at home and abroad have made decisions to restrict new account registrations. Many new users who wanted to enter the market to make a big profit were turned away, which was very disappointing. Taking advantage of the recent bleak market, the author sorted out the registration procedures of several mainstream platforms, hoping to help domestic newcomers avoid some detours.
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