newoftheday
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New Year's Madness š¤Ŗ
Good afternoon. Based on the current state of the market, we notice a rather interesting situation, the market is red. Many have not corrected their positions (including me) and are now experiencing losses (I have been buying since the end of 2021 and I am still in the black). I think the current situation could be a manipulation. My thoughts: New Year is coming š it makes sense for people to sell crypto and withdraw money for gifts, a festive table, etc. And for whales, this is an opportunity to buy at a discount, and they organize this discount. To prevent us from relaxing too much and gaining too much, the market was pushed down. People who bought in euphoria, at the peak with their last money, people who have a difficult situation and, apart from cryptocurrency, have no money for the new year š will have to sell their cryptocurrency (and I'm sure there are enough of them too). And here comes the sale, someone succumbs to their fear and sells too. In the future, when growth resumes and we see new ATHs from people who sold, a feeling of FOMO will wake up, which will be a catalyst for new purchases.
I want to say right away that this is just my opinion. I am not a professional trader, nor a millionaire (yet š). I am a regular resident of Binance and a long-time HODLer.
X20 to all for the new year! ššš šŖ
$BTC $ETH #Binance #newoftheday
Good afternoon. Based on the current state of the market, we notice a rather interesting situation, the market is red. Many have not corrected their positions (including me) and are now experiencing losses (I have been buying since the end of 2021 and I am still in the black). I think the current situation could be a manipulation. My thoughts: New Year is coming š it makes sense for people to sell crypto and withdraw money for gifts, a festive table, etc. And for whales, this is an opportunity to buy at a discount, and they organize this discount. To prevent us from relaxing too much and gaining too much, the market was pushed down. People who bought in euphoria, at the peak with their last money, people who have a difficult situation and, apart from cryptocurrency, have no money for the new year š will have to sell their cryptocurrency (and I'm sure there are enough of them too). And here comes the sale, someone succumbs to their fear and sells too. In the future, when growth resumes and we see new ATHs from people who sold, a feeling of FOMO will wake up, which will be a catalyst for new purchases.
I want to say right away that this is just my opinion. I am not a professional trader, nor a millionaire (yet š). I am a regular resident of Binance and a long-time HODLer.
X20 to all for the new year! ššš šŖ
$BTC $ETH #Binance #newoftheday
Simon's Cat joins Floki to support the launch of BAD @badmeme_coin, an AI agent protocol built on BNB Chain.
As our first partner project drop, 2% of total BAD token supply is allocated to Simon's Cat holders.
Details on eligibility for the airdrop will be announced soon.
Note: Please only trust official channels for information on any future project drops faciliated to $CAT holders with more coming soon.
$1000CAT
#newoftheday #BinanceSquareFamily #tradingBot
As our first partner project drop, 2% of total BAD token supply is allocated to Simon's Cat holders.
Details on eligibility for the airdrop will be announced soon.
Note: Please only trust official channels for information on any future project drops faciliated to $CAT holders with more coming soon.
$1000CAT
#newoftheday #BinanceSquareFamily #tradingBot
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š ±ļøITCOIN, A NEW RAISING OF 61 MILLION DOLLARS
Inspired by MicroStrategy, Japanese company Metaplanet continues its aggressive Bitcoin investment strategy. With a recent $61 million bond raise, it wants to strengthen its portfolio, already composed of 1018 BTC.
This bold move has propelled Metaplanetās stock to a spectacular 2,000% rise this year. However, this gamble divides opinion: stroke of genius or high risk in the face of fluctuations in the crypto market?
The only certainty is that Bitcoin is establishing itself as a strategic asset for companies seeking explosive returns.
This bold move has propelled Metaplanetās stock to a spectacular 2,000% rise this year. However, this gamble divides opinion: stroke of genius or high risk in the face of fluctuations in the crypto market?
The only certainty is that Bitcoin is establishing itself as a strategic asset for companies seeking explosive returns.
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Red envelope š§§ removing the space and congratulations to you $200
BP0KJ EDJHC
South Korea Adopts Favorable Regulations for Cryptocurrencies
South Korea has adopted a series of new regulations favorable to cryptocurrencies, aimed at encouraging innovation while protecting investors. These regulations include tax incentives for blockchain companies and increased protections for consumers. This initiative was well received by the crypto community and could serve as a model for other countries.
#Bitcoin #cryptoniteuae #newoftheday #Binance
BP0KJ EDJHC
South Korea Adopts Favorable Regulations for Cryptocurrencies
South Korea has adopted a series of new regulations favorable to cryptocurrencies, aimed at encouraging innovation while protecting investors. These regulations include tax incentives for blockchain companies and increased protections for consumers. This initiative was well received by the crypto community and could serve as a model for other countries.
#Bitcoin #cryptoniteuae #newoftheday #Binance
š Map of Capital Gains Tax on Bitcoin Sales After One Year of Holding
š¼ Highest Taxes: Japan (45%), Denmark (42%), New Zealand (39%), Cuba (35%), Philippines (35%), Ireland (33%), Finland (30%-34%), France (30%), India (30%).
š½ Lowest Taxes: El Salvador, Malta, Croatia, Cayman Islands, Bahamas, Bermuda, Antigua and Barbuda, Saint Vincent and the Grenadines, Germany, Luxembourg, Switzerland, Slovenia, Taiwan, Hong Kong, UAE, Cyprus, Gibraltar, Panama (0%).
#newoftheday $BTC
š¼ Highest Taxes: Japan (45%), Denmark (42%), New Zealand (39%), Cuba (35%), Philippines (35%), Ireland (33%), Finland (30%-34%), France (30%), India (30%).
š½ Lowest Taxes: El Salvador, Malta, Croatia, Cayman Islands, Bahamas, Bermuda, Antigua and Barbuda, Saint Vincent and the Grenadines, Germany, Luxembourg, Switzerland, Slovenia, Taiwan, Hong Kong, UAE, Cyprus, Gibraltar, Panama (0%).
#newoftheday $BTC
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$XRP āļø*XRP News in Brief* ā¼ļø
*Would this be the END or The Beginning of #XRP ?*
The Ripple lawsuit was made public in redacted versions on May 8, 2024. Subsequently, the two parties will meet to identify the redactions requested by each party and by third parties. After that, on May 13, all parties will file omnibus letter motions to seal documents related to the solutions briefing. On May 20, Ripple, the SEC and third parties will file opposition briefs.
The upcoming filings in the SEC vs Ripple case are expected to impact the future price action of XRP. XRP is still lagging behind due to legal difficulties.
Stay informed, the next few days promise to be eventful in the Crypto world. š
#newoftheday #crashing #dumping #Metaverse
*Would this be the END or The Beginning of #XRP ?*
The Ripple lawsuit was made public in redacted versions on May 8, 2024. Subsequently, the two parties will meet to identify the redactions requested by each party and by third parties. After that, on May 13, all parties will file omnibus letter motions to seal documents related to the solutions briefing. On May 20, Ripple, the SEC and third parties will file opposition briefs.
The upcoming filings in the SEC vs Ripple case are expected to impact the future price action of XRP. XRP is still lagging behind due to legal difficulties.
Stay informed, the next few days promise to be eventful in the Crypto world. š
#newoftheday #crashing #dumping #Metaverse
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āļøRIPPLE #XRP news in Brief šā¼ļø
**Ripple** plans to launch a **stablecoin** backed by the **US dollar** to compete with heavyweights such as **Tether (USDT)** and **Circle (USDC)**ā“. Here are the details on Ripple's stablecoin and its impact on the **XRP** currency:
1. **What is a stablecoin?**
- A **stablecoin** is a cryptocurrency whose value is **indexed** to a fiat currency (like the dollar or the euro) or to a metal (like gold or platinum).
- Unlike volatile cryptocurrencies like **Bitcoin**, **stablecoins** offer price stability because they are anchored in real life.
2. **Purpose of Ripple stablecoin:**
- **Compete with the giants** of the stablecoin market such as **Tether** and **Circle**.
- **Develop** the Ripple ecosystem beyond its historic **XRP** token.
- Meet the needs of **small and medium-sized businesses** and *non-bank financial institutions*.
3. **Composition of Rippleās stablecoin:**
- The stablecoin will be backed by **cash**, **short-term US Treasury bills** and other cash equivalents.
- Ripple's reserves will be **regularly audited** by an accounting firmĀ¹.
4. **Impact on the XRP currency:**
- Ripple's stablecoin could **strengthen investor confidence** in the Ripple ecosystem.
- However, it is important to note that the stablecoin and the **XRP** token serve **different purposes**. The stablecoin aims for stability, while **XRP** is used for fast and inexpensive fund transfers.
In summary, Ripple's stablecoin could offer a stable alternative to fiat currencies, but its direct impact on the price of **XRP** remains to be observed.
Source: Cryptoast
$XRP #stablecoin #newoftheday #CryptoNewsšš„
**Ripple** plans to launch a **stablecoin** backed by the **US dollar** to compete with heavyweights such as **Tether (USDT)** and **Circle (USDC)**ā“. Here are the details on Ripple's stablecoin and its impact on the **XRP** currency:
1. **What is a stablecoin?**
- A **stablecoin** is a cryptocurrency whose value is **indexed** to a fiat currency (like the dollar or the euro) or to a metal (like gold or platinum).
- Unlike volatile cryptocurrencies like **Bitcoin**, **stablecoins** offer price stability because they are anchored in real life.
2. **Purpose of Ripple stablecoin:**
- **Compete with the giants** of the stablecoin market such as **Tether** and **Circle**.
- **Develop** the Ripple ecosystem beyond its historic **XRP** token.
- Meet the needs of **small and medium-sized businesses** and *non-bank financial institutions*.
3. **Composition of Rippleās stablecoin:**
- The stablecoin will be backed by **cash**, **short-term US Treasury bills** and other cash equivalents.
- Ripple's reserves will be **regularly audited** by an accounting firmĀ¹.
4. **Impact on the XRP currency:**
- Ripple's stablecoin could **strengthen investor confidence** in the Ripple ecosystem.
- However, it is important to note that the stablecoin and the **XRP** token serve **different purposes**. The stablecoin aims for stability, while **XRP** is used for fast and inexpensive fund transfers.
In summary, Ripple's stablecoin could offer a stable alternative to fiat currencies, but its direct impact on the price of **XRP** remains to be observed.
Source: Cryptoast
$XRP #stablecoin #newoftheday #CryptoNewsšš„
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#newoftheday āļø*Knowledge of the Day* ā¼ļø
*What is a Token Burn?*š¤
A token burn is the process of permanently reducing the supply of a digital currency by removing a certain number of tokens from circulation. This is usually done by sending the tokens to a special address, often called a "burn address", which is designed to be inaccessible š. Tokens sent to this address can no longer be used or exchanged, effectively rendering them non-existent.š«š
The goal of token burning is often to create a deflationary effect on the value of an asset by increasing its scarcity šµāš«. In theory, if the supply of a token decreases while demand remains constant or increases, the value of the token should increaseš®. This is a common practice in the management of certain cryptocurrencies, particularly those with a large quantity of tokens in circulation.ā ļø
This can be compared to stock buybacks in the corporate world, where a company repurchases its own shares to reduce the number available and potentially increase the value of the remaining shares. In the world of cryptocurrencies, token burning is a way for project developers to show their commitment to the stability and long-term growth of the currency.š§®
#DeFi #Metaverse #Web3 #Binance
*What is a Token Burn?*š¤
A token burn is the process of permanently reducing the supply of a digital currency by removing a certain number of tokens from circulation. This is usually done by sending the tokens to a special address, often called a "burn address", which is designed to be inaccessible š. Tokens sent to this address can no longer be used or exchanged, effectively rendering them non-existent.š«š
The goal of token burning is often to create a deflationary effect on the value of an asset by increasing its scarcity šµāš«. In theory, if the supply of a token decreases while demand remains constant or increases, the value of the token should increaseš®. This is a common practice in the management of certain cryptocurrencies, particularly those with a large quantity of tokens in circulation.ā ļø
This can be compared to stock buybacks in the corporate world, where a company repurchases its own shares to reduce the number available and potentially increase the value of the remaining shares. In the world of cryptocurrencies, token burning is a way for project developers to show their commitment to the stability and long-term growth of the currency.š§®
#DeFi #Metaverse #Web3 #Binance
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#DODGE ā¼ļøDogecoin news of the day āļø
**Closure of DogeChain**, is this an opportunity to burn $DOGE indirectly?
According to recent DogeChain analyses, nearly 25% of users with Dogecoin have lost the access key to their wallet.
Indeed, the closure of DogeChain, a platform for managing transactions in Dogecoin (DOGE), would indirectly allow tokens to be burned.
This simply means that the platform will cease operations and will no longer be available for transactions or storage of DOGE.
Users have been asked to transfer their DOGE tokens to other wallets before the deadline of **June 1, 2024**.
Shadow wallets containing $DOGE will be lost in the Crypto universe and this indirectly increases the value of Dogecoin due to a token burn.
Quick reminder of a token burn: The process of burning tokens involves sending tokens to a wallet address that is out of reach, effectively reducing the circulating supply.
For more information, contact DIOR, see you soon for more information.
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#newoftheday #Binance #Metaverse #DeFi
**Closure of DogeChain**, is this an opportunity to burn $DOGE indirectly?
According to recent DogeChain analyses, nearly 25% of users with Dogecoin have lost the access key to their wallet.
Indeed, the closure of DogeChain, a platform for managing transactions in Dogecoin (DOGE), would indirectly allow tokens to be burned.
This simply means that the platform will cease operations and will no longer be available for transactions or storage of DOGE.
Users have been asked to transfer their DOGE tokens to other wallets before the deadline of **June 1, 2024**.
Shadow wallets containing $DOGE will be lost in the Crypto universe and this indirectly increases the value of Dogecoin due to a token burn.
Quick reminder of a token burn: The process of burning tokens involves sending tokens to a wallet address that is out of reach, effectively reducing the circulating supply.
For more information, contact DIOR, see you soon for more information.
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#newoftheday #Binance #Metaverse #DeFi
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šØToken News #PEPE in BriefšØ
**How āāfar will he still go**.
The **PEPE token** has seen recent fluctuations. Here is the current information:
Since the beginning of April, **PEPE** has lost **34%** of its value. The price of **PEPE** lost **16%** of its value last week.
The popularity of **PEPE** has declined recently, and the number of addresses involved in transactions has also decreased since the beginning of April. However, it is essential to note that cryptocurrencies are prone to rapid fluctuations, and investors should exercise caution when considering investing in tokens like **$PEPE **.
The price of **PEPE** today is **ā¬0.00000531 EUR** with a 24-hour trading volume of **ā¬921,306,332.17 EUR**.
- Over the last **24 hours**, **PEPE** increased by **3.47%**.
- The CoinMarketCap ranking places **PEPE** at rank **#46**, with a market capitalization of **ā¬2,234,051,744 EUR**.
- The circulating reserves are **420,689,899,999,995 PEPE tokens**.
In summary, **PEPE** has had its ups and downs, and it is crucial to carefully monitor market developments before making investment decisions. šš
#newoftheday #PepeCrypto #Web3 #memecoinā ā ā ā
**How āāfar will he still go**.
The **PEPE token** has seen recent fluctuations. Here is the current information:
Since the beginning of April, **PEPE** has lost **34%** of its value. The price of **PEPE** lost **16%** of its value last week.
The popularity of **PEPE** has declined recently, and the number of addresses involved in transactions has also decreased since the beginning of April. However, it is essential to note that cryptocurrencies are prone to rapid fluctuations, and investors should exercise caution when considering investing in tokens like **$PEPE **.
The price of **PEPE** today is **ā¬0.00000531 EUR** with a 24-hour trading volume of **ā¬921,306,332.17 EUR**.
- Over the last **24 hours**, **PEPE** increased by **3.47%**.
- The CoinMarketCap ranking places **PEPE** at rank **#46**, with a market capitalization of **ā¬2,234,051,744 EUR**.
- The circulating reserves are **420,689,899,999,995 PEPE tokens**.
In summary, **PEPE** has had its ups and downs, and it is crucial to carefully monitor market developments before making investment decisions. šš
#newoftheday #PepeCrypto #Web3 #memecoinā ā ā ā
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Currently it's $1MBABYDOGE that saves meš! are you a beginner in tradingspot? Subscribe to know how to buy and sell
#IntroToCopytrading
#1mbabydoge
#Binance
#newoftheday
#IntroToCopytrading
#1mbabydoge
#Binance
#newoftheday
Ceux qui ont dit quele bt dĆ©passera pas 100k en 2024 sont oĆ¹ ?
BON GAIN Ć ceux qui avaient pris le tradešµšµšµšµšµšµš„š„š„š„š„
BTC(2e) TP2 : 97800 āļø
BTC(2e) TP3: 99000āļø
ŠŠ¢Š” Š¢Š 6 : 38,70āļø
TRB TP5: 91,00āļø
BTC TP6 : 100.000āļø
BTC (2e) TP4: 103.500āļø
#TradingSignal #Binance #MarketDownturn #newoftheday #DeFi
BON GAIN Ć ceux qui avaient pris le tradešµšµšµšµšµšµš„š„š„š„š„
BTC(2e) TP2 : 97800 āļø
BTC(2e) TP3: 99000āļø
ŠŠ¢Š” Š¢Š 6 : 38,70āļø
TRB TP5: 91,00āļø
BTC TP6 : 100.000āļø
BTC (2e) TP4: 103.500āļø
#TradingSignal #Binance #MarketDownturn #newoftheday #DeFi
š„ Binanceās new Tap to Earn, Moonbix, is officially live!
Start earning tokens now on Telegramāquick, simple, and created by Binance. Donāt miss out on this opportunity!
My affiliate link is in replies šš¼šš¼$BNB
#newoftheday
Start earning tokens now on Telegramāquick, simple, and created by Binance. Donāt miss out on this opportunity!
My affiliate link is in replies šš¼šš¼$BNB
#newoftheday
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$DOGE āļø Dogecoin News in Brief ā¼ļø
Mr. Elon Musk strikes againš¤Æ
Yes, Tesla accepts Dogecoin as payment. Here are some key points on this subject:
- **Eligible Products**: You can use Dogecoin to purchase certain Tesla products. Look for the Dogecoin symbol next to the āorderā button to identify eligible products.
- **Payment Process**: To make a Dogecoin purchase, you will need a Dogecoin wallet. Upon payment, Tesla's Dogecoin wallet address will be presented to you in the form of an alphanumeric code and a QR code.
- **Price in Dogecoin**: The price of eligible Tesla products will be indicated in Dogecoin, including all applicable taxes.
- **Transaction fees**: There are Dogecoin network fees for each payment. These charges are the buyer's responsibility.
- **Payment Confirmation**: After sending your Dogecoin payment, wait a minute for the payment page to refresh. It may take up to six hours for your payment to be confirmed by the Dogecoin network.
For more details on using Dogecoin at Tesla, you can check their support page or the latest official announcements. If you liked this article, give it a ālikeā.
#DODGE #BullRunProfit #newoftheday #Tesla
Mr. Elon Musk strikes againš¤Æ
Yes, Tesla accepts Dogecoin as payment. Here are some key points on this subject:
- **Eligible Products**: You can use Dogecoin to purchase certain Tesla products. Look for the Dogecoin symbol next to the āorderā button to identify eligible products.
- **Payment Process**: To make a Dogecoin purchase, you will need a Dogecoin wallet. Upon payment, Tesla's Dogecoin wallet address will be presented to you in the form of an alphanumeric code and a QR code.
- **Price in Dogecoin**: The price of eligible Tesla products will be indicated in Dogecoin, including all applicable taxes.
- **Transaction fees**: There are Dogecoin network fees for each payment. These charges are the buyer's responsibility.
- **Payment Confirmation**: After sending your Dogecoin payment, wait a minute for the payment page to refresh. It may take up to six hours for your payment to be confirmed by the Dogecoin network.
For more details on using Dogecoin at Tesla, you can check their support page or the latest official announcements. If you liked this article, give it a ālikeā.
#DODGE #BullRunProfit #newoftheday #Tesla