#UpRock Earning the little brother of $Grass They Pay You For Using The Internet That You Don't Use From Your Cell Phone. I leave you my link so you don't enter fake websites:
How a Friend Lost $25,500 in USDT During a Transfer
About a month ago, my friend faced an unfortunate situation while transferring $25,500 in USDT from his trading account on KuCoin to his business partner's wallet on OKX. His business partner provided him with a wallet address associated with the ERC20 network, hoping that the transfer would go smoothly. Upon initiating the withdrawal, my friend accidentally selected the Polygon network instead of ERC20, proceeding unknowingly with the transaction. Once the transfer was confirmed, the funds were deducted from his KuCoin wallet, but they never arrived at his business partner's OKX account. Despite several attempts to track the transaction, the USDT were effectively lost, as OKX does not support deposits through the Polygon network for that specific address. This painful experience highlights the critical importance of double-checking wallet addresses and the corresponding networks before executing any transaction. Cryptocurrency transfers, unlike traditional banking, cannot be reversed once completed. Always ensure that the network matches the options supported by the recipient and take an extra moment to verify the details. A few seconds of caution can save you from significant financial losses. May this story serve as a reminder to stay vigilant when handling digital assets.
📊 #Polkadot The Blockchain Academy Opens Applications for Cohort 6 at the Swiss Campus The Polkadot Blockchain Academy (PBA) has revealed that it will host a new course for developers in Switzerland as part of its return to Europe. Starting in March 2025, the Lucerne University of Applied Sciences and Arts (HSLU) will be the venue for Cohort 6 of the PBA Campus. For the first time in over two years, the Polkadot Blockchain Academy will take place in Europe for Cohort 6. As part of the Zug Blockchain initiative and the establishment of the new institution for blockchain research, classes will be taught at the HSLU campus in collaboration with its Blockchain Laboratory. Developers will learn practical skills to work with Polkadot and use blockchain technology to create innovative web3 applications during the nearly three-week session. Dr. Gavin Wood and many other prominent figures from Polkadot will teach essential topics in Cohort 6. These will provide students with a comprehensive education in blockchain and equip them with the knowledge they need to become the next wave of innovators and thought leaders in blockchain engineering. Although Polkadot's technology stack is the main focus of the course material, the PBA is intended for blockchain developers from diverse backgrounds and ecosystems. It is aimed at developers who are web2 developers thinking about transitioning to web3 or developers who are currently working with blockchain. #Polkadot🚀 $DOT
📊 Litecoin Adds $1 Billion to Its Market Capitalization, LTHs Start Liquidating Litecoin (LTC) has seen its market capitalization grow by 15% in the last week, adding $1 billion as its price reached a two-year high of $119.64. This increase has led long-term holders (LTHs) to sell their coins to secure profits. However, the rally in LTC's price shows signs of continuing momentum. 🔸 #Litecoin Long-Term Holders Record Profits BeInCrypto's on-chain assessment of LTC's Vitality metric has revealed an increase in the number of coins recently moved or spent. According to Glassnode, this currently stands at a yearly high of 0.71. To put this in context, on November 1, LTC's Vitality had dropped to a yearly low of 0.69. The Vitality of an asset provides insight into the spending behavior of its LTHs. It measures the proportion of coins that have been recently moved or spent. When it increases, it indicates that many long-term holders are liquidating their positions. Notably, the negative readings of LTC's Net Position Change for Hodlers confirm this distribution trend among its LTHs. This metric, which also tracks the behavior of LTHs, has returned only negative values since November 2. In fact, on December 1, it closed at a yearly low of -993,199. When the Net Position Change for Hodlers is negative, long-term holders (HODLers) are selling more of their holdings than they are accumulating, indicating profit-taking. 🔸 #LTC Price Prediction: Bulls Remain in Control Despite the selling activity by LTHs of the coin, the bullish trend towards LTC remains significant. At the time of publication, LTC is trading above its Ichimoku Cloud, confirming positive momentum in the market.#LitecoinUpdate $LTC
6 Critical Mistakes to Avoid During a Crypto Bull Run
A bull run in the cryptocurrency market is a thrilling time, offering opportunities for significant profits. However, it also presents risks that can result in costly errors if not carefully managed. Whether you're a seasoned investor or new to crypto trading, here are six critical mistakes to avoid during a bull run to protect and maximize your gains.
1. Falling for FOMO (Fear of Missing Out)
The fear of missing out can drive impulsive investment decisions without thorough research. Rushing into trades based on hype often leads to buying at inflated prices or investing in unsustainable projects.
Tip: If you miss an opportunity, stay patient. Crypto markets are cyclical, and new opportunities will arise. Focus on well-researched investments instead of chasing trends.
2. Letting Emotions Drive Your Decisions
Emotional trading, such as panic selling during market dips or corrections, often results in losses. Reacting to short-term fluctuations instead of following a strategic plan can derail long-term gains.
Solution: Develop a clear strategy and stick to it, regardless of market volatility. Maintain a long-term perspective and avoid impulsive decisions.
3. Putting All Your Capital in One Project
Allocating your entire portfolio to a single cryptocurrency is a high-risk move. If the project underperforms or the market shifts, your entire investment could be at stake.
Recommendation: Diversify your investments across a few high-quality projects to spread risk and safeguard your portfolio against adverse market movements.
4. Over-Diversifying Your Portfolio
While diversification is crucial, over-diversifying by investing small amounts in too many cryptocurrencies can dilute your returns and complicate portfolio management.
Risk: Transaction fees and lack of focus on key projects can erode profits.
Advice: Limit your portfolio to a manageable number of well-researched cryptocurrencies, ensuring you can monitor and optimize your investments effectively.
5. Misusing Leverage in Trading
Leverage trading can amplify profits but also significantly increase losses, especially in the highly volatile crypto market. Many traders misunderstand leverage, leading to unnecessary liquidations.
Caution: Avoid using leverage unless you have substantial experience and a robust risk management plan in place. Focus on trades that align with your risk tolerance.
6. Waiting Too Long to Realize Profits
Attempting to time the exact market peak is nearly impossible. Waiting for the "perfect" time to sell often results in missed profit opportunities as markets can reverse abruptly.
Best Practice: Set realistic profit targets and predefined exit strategies. Execute your plan to lock in gains without being swayed by greed or market speculation.
Key Takeaway
The crypto bull run offers tremendous potential for wealth creation, but it requires discipline and informed decision-making. Avoid these six common mistakes—succumbing to FOMO, emotional trading, over-diversification, misusing leverage, and poor timing—to navigate the market with confidence.
Final Advice: Stick to your strategy, remain disciplined, and never invest more than you can afford to lose. Success in crypto lies in preparation, patience, and sound risk management. #BinanceHODLerTHE #MarketBuyOrHold?
BinancePumpFun : A meme token on the Solana network, created by Binancians through Pump.fun. The token embodies the wit and humor of the Binance community. Launch on PumpFun : December 3, 2024, at 7 PM UTC Chat : https://t.me/BinanceFun X : https://x.com/BinanceFun #memesonsolana #newgem #SolanaMemeCoins
BinancePumpFun : A meme token on the Solana network, created by Binancians through Pump.fun. The token embodies the wit and humor of the Binance community .
Launch on PumpFun : Dec 3 , 2024 at 7pm UTC
X : https://t.me/BinanceFun Chat : https://x.com/BinanceFun
Can Shiba Inu ($SHIB ) really reach $1 by 2025? Let's unpack the hype! Shiba Inu ($SHIB ), once launched as a fun meme coin, has taken the crypto world by storm. With its loyal community and rapid rise in popularity, many dream of SHIB reaching $1—or even $0.1—by 2025. 🌟 But do the numbers support this ambitious prediction? Let's dive into the numbers and discover the truth! --- 📊 Token Supply vs. Market Capitalization: The Big Number Game The circulating supply of SHIB of 589 trillion tokens creates a huge hurdle for outlandish price predictions. Let's break it down: 💵 If SHIB reaches $1, its market capitalization would skyrocket to an astonishing $589 trillion: That's 300 times the current market capitalization of Bitcoin at $1.95 trillion! 😱 It is also 5.6 times the total global GDP (~$105 trillion in 2023)—an impossible feat. 🪙 Even at $0.1 per token, SHIB would need a market capitalization of $58.9 trillion: That's 30 times the current market capitalization of Bitcoin. 🚫 The harsh reality: These numbers show that it is mathematically impossible for SHIB to reach $1 (or even $0.1) in the current financial ecosystem. --- 🤔 Bitcoin vs. Shiba Inu: A Reality Check To understand the potential of SHIB, let's compare it with the king of cryptocurrencies: Bitcoin (BTC). ⚡ Bitcoin (BTC): Supply: Limited to 21 million coins, creating scarcity. Utility: Known as “digital gold” and a reliable store of value. Adoption: Institutional investments and global recognition drive its price. Growth: Reached a market capitalization of $1.95 trillion in 15 years through constant innovation. !Share your thoughts below! 💬 #XRPTrends #ThanksgivingBTCMoves #BSCOnTheRise $SHIB
Who Owns the Most Bitcoin? Satoshi Nakamoto: The Largest Holder of Bitcoin The enigmatic creator of Bitcoin, Satoshi Nakamoto, is believed to hold approximately 1.1 million BTC, making him the largest holder of Bitcoin. Satoshi's pioneering contributions began with the launch of Bitcoin on January 3, 2009. Mining over 22,000 blocks during the infancy of the network, Satoshi accumulated over a million BTC through block rewards. These holdings, distributed across approximately 22,000 wallets, remain intact—except for some early test transactions. Satoshi's last public communication was in 2010, leaving the Bitcoin community with a lasting legacy and a persistent mystery. Valuation of Satoshi's Bitcoin As of February 2024, Satoshi's holdings are valued at a staggering $47 billion, highlighting the significant but inactive influence of the creator in the cryptocurrency market. --- Prominent Bitcoin Whales Beyond Satoshi, several individuals and organizations are known for their substantial investments in Bitcoin: Tyler and Cameron Winklevoss The Winklevoss twins, famous for their early legal battle with Facebook, entered the Bitcoin space by investing $11 million at an average price of $10 per coin. Today, their holdings are estimated to be 70,000 BTC. Tim Draper Renowned venture capitalist Tim Draper acquired 29,656 BTC in a U.S. government auction in 2014 for $18.7 million, paying approximately $632 per Bitcoin. Although he initially lost 40,000 BTC in the Mt. Gox hack, Draper remains a proponent of Bitcoin. Michael Saylor
Spain approves the first tokenization license, paving the way for the tokenization of real-world assets According to Odaily, the National Securities Market Commission (CNMV) has granted the country's first tokenization license, marking a significant step towards the tokenization of real-world assets (RWA). This advancement opens new opportunities for Spanish companies interested in entering this innovative field. Ursus-3 Capital, in collaboration with Onyze, has become the first authorized consortium to offer tokenization services to companies in Spain. Juan Jurado, general director of Ursus-3 Capital, highlighted the potential of RWA tokenization and stated: "We firmly believe that the tokenization of real-world assets opens up limitless possibilities for entrepreneurs. Ensuring the legal security of investors is of utmost importance." This approval allows third parties to contract their tokenization services, marking a new era for asset management and investment in Spain. The CNMV's move is considered a crucial moment for the Spanish financial sector as it embraces the digital transformation of assets. By allowing the tokenization of real-world assets, Spain is positioning itself at the forefront of financial innovation, providing a secure and regulated environment for investors and companies alike. This initiative is expected to attract more companies to explore the benefits of blockchain technology and tokenization, which could lead to increased investment and economic growth in the region. #CRYPTO. #MarketDownturn
The Open Network (TON) team has published technical documentation for the TON Teleport BTC cross-chain bridge for transferring bitcoins to and from the blockchain ecosystem.
“TON Teleport BTC transfers bitcoin directly to Telegram via TON in the form of tgBTC, allowing you to carry it in your pocket — inside the Web3 mini-apps you use every day,” the developers said.
The processes of depositing and withdrawing the first cryptocurrency occur autonomously, without the participation of third parties in the form of exchanges or custodians.
A market can go through a draw when the price of an asset breaks a support or resistance with low volume, indicating that there is little demand or supply. This can cause the price to return to its previous level. Supports and resistances are levels at which the price stops and changes its movement: Support The price halts its decline to rise again. It is located below the current price of an instrument. Resistance The price stops rising to start falling. It is located above the current price of an instrument. Traders use moving averages to identify the direction of the trend and key levels of support and resistance. #MarketDownturn $FDUSD $USDC
Post about #MarketDownturn to win up to 1000 USDC! Join our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the cryptocurrency market downturn, its causes, and your strategies to make the most of it. Let's stay strong and navigate this market together! Campaign period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC) To participate: Post your ideas about the cryptocurrency market downturn using the hashtag #MarketDownturn on Binance Square. Include: Analysis of the causes of the market downturn; Your strategies to capitalize on the crisis; Tips for staying strong and resilient during market fluctuations. Make sure your post has a minimum length of 200 characters. Guidelines: Ensure that the content shared is original and filled with revealing information. Posts with high engagement that lack original content may be disqualified. Winner selection: Twenty posts that generate the most exclusive engagement will each be rewarded with 50 USDC. Terms and conditions: This campaign may not be available in your region. Submissions will be evaluated by a panel from the Binance Square team based on topic relevance, format, research quality, objective sources, and originality. The content must also align with the campaign rules. Only content that is not less than 200 characters will qualify for rewards. Posts that attempt to increase engagement by exploiting red packets and giveaways will be disqualified.
LIVE
Binance Square Official
--
Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together! Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate: Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square. Include: Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations. Make sure your post has a minimum length of 200 characters.
Guidelines: Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection: Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.
Terms and Conditions: This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Ripio and Win have partnered to enhance the tokenization of sports assets Ripio Ventures invests in Win Investments to boost the tokenization of sports assets in Latin America and project its global expansion
Ripio and Win have partnered to enhance the tokenization of sports assets News The co-founder and CEO of Ripio and Ripio Ventures, Sebastián Serrano, announced through a press release that they have partnered with the company Win Investments, which has been focused on tokenizing football players since 2023. With this alliance, Ripio seeks to strengthen the services it offers in the cryptocurrency market in Latin America.
According to the press release, it was revealed that Ripio Ventures has become the most recent investors in Win Investments, a company dedicated to the tokenization of sports assets. With the aim of increasing its distribution and reaching more countries in 2025, the company opened a Pre-Series A Bridge Round of USD 3,000,000, and both Serrano and Ripio Ventures joined to contribute knowledge and infrastructure. $WIN #topcoinsdecember
Join the campaign for a chance to win extra income$BB
LIVE
BounceBit
--
⚪️🟡Official BounceBit x Square Campaign Announcement! It’s simple—complete below tasks and earn $10,000 in rewards! Earn $BB coins by: 1. Following our account 2. Sharing this pinned post 3. Participating in eligible trading activities listed here: Official Campaign Post 4. Create a post with a minimum of 100 characters using the hashtag #BounceBit
#BounceBit Aside from these strategic choices, BounceBit has improved its Annual Percentage Yield (APY), thus offering customers more attractive returns. The ability to increase the APY gives the platform a competitive edge and has certainly helped explain the remarkable cash flow observed shortly after the launch.
According to BounceBit, over 10 million dollars were deposited into the platform within the first hour, highlighting the trust and enthusiasm of the DeFi community for the new CeDeFi V2. This volume not only demonstrates the need for such ideas but also underscores the growing appeal of CeDeFi, a hybrid model that combines decentralized and centralized finance.
The launch of CeDeFi V2 by BounceBit fits into a broader trend where platforms are trying to combine the advantages of centralized and decentralized finance. BounceBit aims to create a safe and fast environment where users can explore DeFi prospects by bridging various spaces.
From traditional investors seeking stability to DeFi enthusiasts ready for autonomy and flexibility, the new features of the platform aim to attract a wide spectrum of users. BounceBit's original approach to CeDeFi helps it to be a notable player in a rapidly evolving market where the need for innovation and user-centered design continues to grow.
On another note, CNF previously reported that SafePal has launched a Mini Wallet App on Telegram, which enhances the convenience of transactions by combining crypto banking and a digital Visa card.
#ThanksgivingBTCMoves Bitcoin (BTC) is known as the first open-source and peer-to-peer digital cryptocurrency developed and launched by a group of unknown independent programmers called Satoshi Nakamoto in 2008. Bitcoin does not have any centralized server used for its issuance, transactions, and storage, as it utilizes a public distributed network database technology called blockchain, which requires an electronic signature and is backed by a proof-of-work protocol to provide security and legitimacy for monetary transactions. The issuance of Bitcoin is carried out by users with mining capabilities and is limited to 21 million coins. Currently, the market capitalization of Bitcoin exceeds $138 billion and this is the most popular class of digital currency. The buying and selling of cryptocurrencies is available through special Bitcoin exchange platforms or ATMs.