$USUAL
Following a coin's debut on a major exchange like Binance, it's not unusual for its price to experience a dip. This phenomenon is often a natural part of the market cycle. In the case of $USUAL , we’re seeing a 11.92% decline to $0.67, a common pattern after the initial listing. While this might raise concerns, understanding the reasons behind such adjustments can help investors navigate the volatility.

Why Do Prices Drop After Listing?

There are several factors that contribute to this initial decline:

1. Pre-Listing Hype: Prior to listing, excitement often drives the price up as investors anticipate big gains. Once the coin is available for trading, this hype subsides, leading to a natural price correction.

2. Profit-Taking: Early investors, especially those who bought before the listing, often seize the opportunity to sell their holdings and lock in profits. This adds downward pressure on the price.

3. Price Discovery and Liquidity: The listing introduces more liquidity into the market, allowing for better price discovery. This helps to establish a more accurate market value, often lower than initial speculative prices.

4. Broader Market Conditions: General market sentiment and trends play a significant role. A newly listed coin is seen as a higher-risk investment, especially if the market is going through a downturn.

Examples of Coins Facing Similar Trends

We’ve seen similar price corrections after listings for several high-profile projects:

Filecoin (FIL): Launched with a low circulating supply and faced a significant drop after being listed on Binance.

Internet Computer (ICP): The coin's initial valuation was seen as overly optimistic, which led to a sharp decline after its debut.

PEPE (PEPE): Despite pre-listing excitement, the price quickly corrected once trading started.

Other examples: Coins like $OSMO/USDT, $APE, and $OP have all undergone post-listing drops due to excessive pre-launch hype and subsequent profit-taking.

Long-Term Perspective

While these drops can be alarming in the short term, they don’t always indicate failure. As seen with FIL and ICP, many coins eventually recover and establish solid communities, leading to long-term growth. For investors holding $USUAL , it's crucial to remain calm and focus on the coin's potential for future gains rather than giving in to short-term fluctuations.

#binance #USUALSpotLaunch #MarketMajorComeback #CPI4MonthsHigh

𝐃𝐞𝐚𝐫 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲🚨🚨🚨
We’re excited to share that Velodrome Finance (VELODROME) will soon be available for trading on Binance. Starting 2024-12-13 at 14:00 (UTC), users can access the following trading pair: VELODROME/USDT. Deposits for VELODROME will be enabled two hours prior to the opening of trading, and withdrawals will be accessible starting 2024-12-14 at 14:00 (UTC). Please note that the listing comes with no fees (0 BNB).

𝐊𝐞𝐲 𝐃𝐞𝐭𝐚𝐢𝐥𝐬:

Smart Contract Address (Optimism): 0x9560e827af36c94d2ac33a39bce1fe78631088db

Seed Tag: The Seed Tag has been applied to this token, denoting its status as an innovative yet high-risk project.

Trading Features: Trading bots and spot copy trading will be supported within 24 hours of the token’s listing. Users with active Spot Copy Trading portfolios can include this pair by updating preferences in the Spot Copy Trading settings.

𝐀𝐛𝐨𝐮𝐭 𝐕𝐞𝐥𝐨𝐝𝐫𝐨𝐦𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 (𝐕𝐄𝐋𝐎𝐃𝐑𝐎𝐌𝐄):

Velodrome Finance is a next-generation decentralized exchange (DEX) designed to act as a liquidity hub within the Superchain ecosystem. As a relatively new project, it carries higher volatility and risk. We strongly encourage users to conduct thorough research and implement effective risk management strategies before engaging in trading activities.

𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬:

Tokens with the Seed Tag, like VELODROME, may exhibit higher price fluctuations. To ensure users understand the associated risks, Binance requires passing a Seed Tag Quiz every 90 days. This is mandatory for trading tokens with Seed Tags on the Spot and Margin platforms. Risk banners will also be displayed prominently for these tokens.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐬𝐭𝐫𝐢𝐜𝐭𝐢𝐨𝐧𝐬:

Trading for the new VELODROME/USDT pair will be subject to eligibility based on users' country or region. Currently, residents from specific restricted areas, including the United States, Canada, North Korea, and Crimea Region, will not be able to participate. Please review our updated policies and ensure your account verification is complete to access trading.

For further information, refer to the official Velodrome Finance website, Binance’s trading fees, and trading rules. Thank you for your continued support as we expand our offerings!
𝐈 𝐚𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 🤗😊
#BinanceEarnProgram #binance #writ2earn….

With its rapid rise to prominence, Binance has become one of the largest cryptocurrency exchanges globally. However, many traders and investors, especially beginners, often ask: Can I trust Binance? In this article, we explore the platform's credibility, security measures, regulatory challenges, and community reputation to help you make an informed decision.

1. Binance’s Reputation
Binance, established in 2017, quickly became a leader in the cryptocurrency exchange market. It is known for its:
High liquidity, enabling smooth and fast transactions.Wide range of cryptocurrencies, from mainstream tokens like Bitcoin to niche altcoins.User-friendly interface, catering to both beginners and advanced traders.
These attributes have solidified Binance's reputation as a reliable platform for millions of users worldwide.

2. Security Measures
Trust in any exchange largely depends on how well it safeguards users' funds and data. Binance employs several industry-standard security practices, such as:
Two-Factor Authentication (2FA): Adds an extra layer of protection.Secure Asset Fund for Users (SAFU): A reserve fund established to reimburse users in case of a security breach.Anti-Phishing Features: Protects users from scams.Cold Wallet Storage: A significant portion of user funds is stored offline to prevent hacking attempts.
Despite its robust security measures, Binance faced a hacking incident in 2019 where $40 million worth of Bitcoin was stolen. However, the SAFU fund ensured that no user suffered losses, demonstrating Binance's commitment to user protection.

3. Regulatory Compliance
One concern for many potential users is Binance's regulatory challenges.
Binance has faced scrutiny and bans in several countries, including the U.S., the U.K., and Canada, for operating without proper licenses.To address these issues, Binance has implemented stricter Know Your Customer (KYC) policies and partnered with regulatory authorities to ensure compliance.The exchange also launched region-specific platforms, such as Binance.US, to meet local regulatory requirements.
While regulatory hurdles remain, Binance’s proactive approach to addressing these issues showcases its dedication to transparency and compliance.

4. Community Trust and Reviews
Binance boasts a large and active user base, with many positive reviews citing its:
Competitive fees, especially when using Binance Coin (BNB) for transactions.Extensive educational resources, such as Binance Academy.Innovative features, including staking, NFT marketplaces, and advanced trading options.
However, there are also criticisms, primarily around:
Occasional withdrawal delays during high-traffic periods.Challenges in customer support response times.
Despite these concerns, Binance maintains a strong presence in the crypto community, with users praising its consistent updates and new offerings.

5. Key Considerations Before Trusting Binance
To determine if Binance is the right platform for you, consider the following:
Security Practices: Use features like 2FA and withdrawal whitelists for added safety.Regulatory Status in Your Country: Ensure Binance operates legally in your region.Risk Awareness: Cryptocurrency trading is inherently risky, and exchanges are not immune to challenges. Diversify your holdings and avoid storing large sums on any single exchange.
Can you trust Binance? For many, the answer is yes—thanks to its strong security measures, active user base, and commitment to innovation. However, like any platform, it has its drawbacks and faces external regulatory pressures.
Ultimately, trust in Binance depends on your personal risk tolerance and due diligence. By understanding its strengths and challenges, you can decide whether Binance aligns with your trading and investment needs. Always remember: Stay informed, stay secure, and diversify your crypto strategies.
#Can I_Trust_Binance
#binance
#trustbinance
#BinanceSquareFamily

Richard Teng, the CEO of Binance Exchange, has suggested that the United Arab Emirates (UAE) is a serious contender for the company's global headquarters location. Speaking at Abu Dhabi Finance Week, Teng pointed out that although the UAE is an "attractive" option, a final decision has not been reached.

Binance, the world's largest cryptocurrency exchange, has been looking into possible locations for its global headquarters as it's under growing scrutiny from regulators all over the world.

## Why the UAE Is an Appealing Option
The UAE has been aiming to become a global center for cryptocurrency and blockchain innovation and has several benefits for crypto companies:

### 1. A Proactive Regulatory Setting
The UAE has put in place crypto - friendly regulations. There's a licensing system for digital asset providers in Dubai and in the Abu Dhabi Global Market (ADGM). Having clear regulations makes it simpler for companies such as Binance to run and grow their businesses.

### 2. A Strategic Geographical Position
The UAE is located at the intersection of Europe, Asia, and Africa. This gives Binance a central place from which to handle its global operations.

### 3. A Flourishing Blockchain Community
The UAE has a vibrant blockchain community, which is supported by programs like the Dubai Blockchain Strategy 2020 and the Abu Dhabi Blockchain Initiative.

## Challenges and Things Binance Needs to Consider
Even though the UAE's regulatory environment is attractive, Binance has to take into account several factors that could affect its decision:

### 1. Regulatory Scrutiny
Binance has had difficulties with regulators in major markets like the United States and Europe. So, it's crucial to pick a jurisdiction that has a well - balanced regulatory approach.

### 2. Global Business Operations
A headquarters in the UAE has to be able to support Binance's wide - ranging global operations, including markets in Asia, Africa, and Latin America.

### 3. The Competitive Field
Other places like Hong Kong, Singapore, and Switzerland are also in the running and have their own regulatory and logistical benefits.

## Insights from Richard Teng's Remarks
Teng didn't say anything about:

### 1. Binance's U.S. Operations
The company is currently facing ongoing regulatory problems in the United States.

### 2. The Nigeria Litigation
Binance is dealing with legal issues and regulatory concerns in Africa's largest crypto market.

### 3. Co - Founder Changpeng Zhao (CZ)
Teng said that he doesn't talk to CZ very often, leaving the question of Zhao's current role in Binance unanswered.

These comments show that Binance is focusing on building a solid operational base while also dealing with complex global regulatory issues.

## The Consequences of a UAE Headquarters
If Binance decides to have its global headquarters in the UAE, there would be several effects for the exchange and the wider cryptocurrency market:

### 1. More Institutional Trust
A UAE headquarters would strengthen Binance's reputation as a compliant and regulated company and increase the confidence of institutional investors.

### 2. A Stronger Regional Standing
The UAE's location would boost Binance's influence in the Middle East and North Africa (MENA) region, where cryptocurrency adoption is growing quickly.

### 3. A Regulatory Standard
By following UAE regulations, Binance could set a standard for operating in emerging markets with clear crypto - related frameworks.

## Conclusion
Although the UAE is an attractive option for Binance's global headquarters, the company is being careful in its decision - making. The move would show Binance's dedication to working within a clear regulatory structure while also taking advantage of the UAE's strategic benefits.

As Binance continues to spread its global reach, the choice of its headquarters will be very important in deciding its future and its position in the constantly changing cryptocurrency landscape.

To find out more about the innovative startups that are shaping the future of the crypto industry, check out our article on the latest news, where we look closely at the most promising ventures and their potential to change traditional industries.
#BinanceLaunchpoolVANA #BinanceListsVelodrome #BinanceSquareFamily #binance #SuiHitsNewATH

🚀 Introducing $USUAL – The Future of Decentralized Stablecoins! 🌟

🌐 What is $USUAL?
$USUAL is more than a token; it’s a revolution in decentralized finance. Fully backed 1:1 by real-world assets like U.S. Treasury Bills, it powers USD0, a composable stablecoin ensuring unmatched transparency and stability.

💰 Why Choose $USUAL?

Stability with Rewards: Hold USD0++, earn $USUAL tokens as rewards, and maximize your yields.

Governance & Ownership: $USUAL token holders control the protocol’s treasury fueled by 100% revenue.

Community-First Approach: 90% of the token supply is allocated to the community, empowering YOU to lead the charge.

📈 Recent Highlights:

Listed on Binance Launchpool! 🌟 Stake your BNB and FDUSD to farm $USUAL.

Pre-market trading hit new highs with the USUAL/USDT pair already making waves!

Pills Campaign Success! 🎉 Thousands participated in earning pre-launch points, now convertible to $USUAL.

🔥 Market Performance:

Current Price: ~$0.79

Market Cap: $264M+

24-hour Trading Volume: $143M

💡 What’s Next?
Be part of this community-driven revolution where stability meets decentralization. Join the movement to shape the future of decentralized stablecoins!

👉 Start your journey today: Explore Usual Protocol
🛡️ Farm & Stake Now on Binance: Binance Launchpool

#USUALSpotLaunch #binance
#Crypto #DeFi # #Crypto #DeFi #StablecoinRevolution
$BTC $DOGE $ETH

Cryptocurrency trading demonstrates distinct regional and seasonal patterns influenced by regulatory environments, user preferences, and market dynamics, according to an analysis by Coin Metrics and its analyst Victor Ramirez.

Coin Metrics Report Examines Global Cryptocurrency Trading Trends
The “Kimchi Premium” phenomenon, reflecting a disparity between cryptocurrency prices in South Korean markets and global weighted averages, is driven by capital controls and localized demand, Ramirez explained. Regulatory barriers in South Korea limit arbitrage opportunities for international investors. These restrictions cause price volatility, exemplified by bitcoin (BTC) reaching nearly $115,000 during political unrest in South Korea—a 20% premium compared to global prices.

Coin Metrics’ findings reveal that trading activity aligns with seasonal and regional patterns. Exchanges like Bithumb and Upbit exhibit peak activity during East Asian hours, while American platforms such as Coinbase and Gemini favor U.S. time zones. Binance demonstrated a broader reach, showing increased activity in European hours.
“Binance sees –12.1% less trading volume relative to its average volume of $802M during East Asian hours, but 19.4% greater trading volume during European hours,” the report details.
Additionally, certain assets display regional preferences. For instance, xrp (XRP), stellar (XLM), and cardano (ADA) are more actively traded during East Asian hours, whereas bitcoin (BTC) and ethereum (ETH) see higher activity during European and U.S. time zones.
Coin Metrics’ onchain data highlights the global nature of cryptocurrency use. Bitcoin and ethereum transfer values align with their trading patterns, while stablecoins like tether (USDT) show divergence; USDT sees significant onchain activity during European hours. These patterns emphasize stablecoins‘ role in providing financial stability in regions like Latin America.
Ramirez’s report also highlights the resurgence of 2017 and 2021-era tokens like XRP, which saw a 278% price increase alongside a rise in onchain activity. This revival underscores regional and regulatory influences on asset performance.
Coin Metrics’ analysis emphasizes the complex interplay of regional regulations, user preferences, and market trends shaping global cryptocurrency activity. Understanding these dynamics is essential as digital assets continue integrating into global financial systems, Ramirez concluded.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $SOL

What is VANA? Will the Layer1 network make the wave and market come back? Let's find out with Wendy through this article
What is Vana?
Vana is the first network for user-owned data. It transforms how data is owned, shared, and monetized. The Vana L1 enables users to pool their data in DataDAOs while maintaining control and privacy.
Developers can leverage these decentralized datasets to create next-generation applications, such as AI models and data-driven dApps.
The "Why"
The problem: In today’s data economy, tech giants profit from the data you generate, while you get nothing in return. Reddit for example, earns $200M from selling user-generated content as AI training data. Worse, you have no say in how your data is used or who benefits from it.
The solution: Vana changes that by giving you ownership over your data. Through DataDAOs, you can contribute, tokenize, and share your data. You decide how it’s used, and you get rewarded for it. With Vana, data becomes an asset that empowers you — whether it’s used in AI development or other applications.
The "How"
Here’s how Vana works for you:
Contribute Data: Users contribute data to DataDAOs. Contributions range from social media data to IoT and sensor data, all securely stored encrypted off-chain.Tokenize: Validated data is tokenized, enabling secure data usage across different decentralized applications, particularly for AI model development.Earn and Govern: Users gain governance rights in different DataDAOs, influencing decisions about data use and getting a share of profit when data is used.
Vana leverages blockchain to ensure transparency, security, and decentralization in how data is owned and shared.
A Quick Example
Imagine you’ve been tracking your health data for years. You contribute this data to a Data Liquidity Pool on Vana. It gets tokenized, verified, and becomes a valuable asset in the hands of AI developers who use it to build life-saving medical models.
As these models grow and generate revenue, you earn a share of that — finally gaining financial returns from the data you’ve been giving away for free. Plus, you’re part of the decision-making process, helping shape how this data is used in the future of healthcare.
The Benefits
Data Ownership: Users maintain ownership of their data, with full control over how it’s used in applications.Tokenized Data: Data is transformed into a verifiable, tradable asset for decentralized AI and data-driven applications.Privacy & Security: Zero-Knowledge Proofs (ZKP) and Trusted Execution Environments (TEEs) ensure the privacy and security of the data contribution.Decentralized Governance: Participants influence ecosystem rules and data pool operations through on-chain voting.
Take Control of Your Data
Vana is more than just a platform — it’s a movement to help you take back control of your data and become a key player in the digital economy.
By joining Vana, you gain ownership, governance, and return from the data you generate every day.
Ecosystem
Testnet Information
The Vana Network is a fully EVM-compatible Layer 1 blockchain, designed to power the decentralized data economy. Currently in the Moksha testnet phase, users can explore and interact with the Vana ecosystem using the resources below.

Ecosystem Resource:
FaucetBridgeGovernanceCross-app Embedded WalletRPC nodesAudit
Vana Token Overview
An open and decentralized protocol for data sovereignty, Vana unlocks user-owned data as a new digital asset class in the global AI economy.
The Vana network is an EVM-compatible layer-1 blockchain designed to restore individual control over personal data and enable user-owned AI through private and secure data transactions at individual and collective levels. In an era where artificial intelligence is driving immense value from user data, Vana ensures that data creators—individuals—capture a fair share of the value generated while enabling researchers to access unique datasets.
By combining blockchain coordination, privacy-preserving technologies, and tokenized economic incentives, Vana enables users to maintain full control over their data while contributing to collective data assets that power AI and other applications.
The VANA tokenomics are designed to align incentives across all participants in the Vana network—validators, DLP creators, stakers, and community members. By prioritizing early data liquidity, supporting robust contributions through DLPs, and fostering decentralized governance, Vana aims to unlock the full potential of user-owned data and AI technologies.
With clear incentives for participation, carefully planned emissions, and a focus on long-term sustainability, Vana is creating a vibrant, self-sustaining ecosystem where individuals and communities can realize the true value of their data. The $VANA token serves as the foundation for this transformative vision, empowering users to take control of their data while driving innovation in AI and beyond.

Token Utility

$VANA is the native token of the Vana Network, powering its ecosystem and supporting secure, decentralized data transactions. It plays a central role in the network's multi-token ecosystem through the following use cases:
Network Security
Validators stake $VANA to secure the blockchain, ensuring reliable transaction validation and operational stability. Validators receive staking rewards for their role in maintaining the network's integrity. However, during Phase 1 of the network, all Layer 1 validator rewards will be redirected to a public goods fund to support the broader ecosystem.
Transaction Fees
$VANA is used to pay for all network transactions, including data-related operations, smart contract executions, and interactions with DataDAOs. This establishes $VANA as the medium of exchange for activities within the ecosystem.
DataDAO Incentives
DAO Staking: DataDAOs stake $VANA to qualify for token emissions, encouraging their active participation in the ecosystem.Contributor Rewards: Data contributors stake $VANA to influence reward distribution mechanisms and align incentives for top DataDAOs.
For more information on DataDAO Rewards please see here
Default Data Access Currency
Accessing datasets managed by DataDAOs uses $VANA by default, which can be swapped for other tokens as desired by the buyer, seller, or agent. These tokens unlock datasets for use in applications by researchers, developers, and businesses.
Trading Pair
$VANA serves as the primary trading pair for all tokens issued by DataDAOs, facilitating seamless exchange and interoperability across the ecosystem.
Governance
$VANA holders actively participate in the decentralized governance of the Vana Network, voting on proposals and influencing key decisions. This supports decentralized decision-making and broad community involvement.
At genesis, the Vana Foundation is responsible for the stewardship of the VANA token and treasury. Governance of the treasury will expand to other network stakeholders and contributors through the Vana DAO. Governance will progressively transition to community control, ensuring a fair and inclusive approach to managing the ecosystem.This will expand the scope of decision-making, allowing participants to help shape the network’s direction and manage key parameters, such as reward structures and emissions.
Data Token Ecosystem
The Vana Network supports a dynamic ecosystem where DataDAOs can issue their own tokens tied to specific datasets or rights. $VANA serves as the foundational token that interconnects these activities, fostering collaboration and enabling a robust data economy.
Vana Supply and Distribution
The total supply of VANA is capped at 120 million tokens, distributed as follows:

Community
The Community allocation focuses on fostering participation and rewarding contributors in the Vana Network. This includes rewards for high-quality data contributions to DataDAOs, airdrops to early adopters, and support to developers building on Vana. Future incentives will ensure sustained engagement and community alignment with Vana’s vision.
Ecosystem
The Ecosystem allocation will ensure sustainability of the Vana protocol through grants and rewards that drive long-term growth of the Vana network. Grants will be allocated to activities including DataDAO bootstrapping, support for new DataDAO tokens, network partnerships and block rewards to incentivize network decentralization, innovation and adoption.
Investors
Early supporters with a 4 year vest (1-year cliff plus 3 year unlock).
Core Contributors
The team that has worked tirelessly to help bring Vana from concept to reality, and will continue to provide support for the development of protocol. All tokens distributed as part of the Core Contributors allocation are subject to a 5 year vest (1-year cliff and 4 year unlock).
Phases
VANA emissions are structured to align with the network’s growth trajectory, distributed across four 6-month phases:
Phase 1: Build Data Liquidity (0-6 months)
Focus: Bringing data contributors and Data DAOs ; Incentivize DataDAOs and onboard users.Emissions: Majority directed to DataDAO creators and rewards to early data contributors to bootstrap adoption.
Phase 2: Accelerate AI Innovation and Applications (6-12 months)
Focus: Encourage creation of AI agents with collectively owned models.Emissions: Begin incorporating fee revenue to fund emissions; rewards for high-value data contributors and developers creating new AI applications.
Phase 3: Decentralization and Governance (12-18 months)
Focus: Transition to community governance and increase user rewards.Emissions: Begin tapering emissions, relying more on transaction fees.
Enable community-driven control over rewards and key parameters.
Phase 4: Network Expansion (18-24 months)
Focus: Drive ecosystem sustainability and improve cross-DLP integrations.Emissions: Shift to demand-driven rewards with steady-state deflation.

Introducing Vana (VANA) on Binance Launchpool

Users will be able to lock their BNB and FDUSD to receive VANA Airdrops over two days, with farming starting from 2024-12-14 00:00  (UTC).
Listing
Binance will then list VANA at 2024-12-16 10:00 (UTC) and open trading with  VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs. The Seed Tag will be applied to VANA.
VANA Launchpool Details
Token Name: Vana (VANA)Max Token Supply: 120,000,000 VANA Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply) Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)Initial Circulating Supply When Listed on Binance Spot: 30,084,000 VANA (25.07%  of max token supply)Research Report: Vana (VANA) (will be available within 12 hours of publishing this announcement）Layer 1 Network Details: Vana explorerLaunchpool Terms will apply and KYC completed to Binance’s satisfaction is required
Hourly Hard Cap per User: 8,500 VANA in BNB pool1,500 VANA in FDUSD pool
Supported Pools: 
Lock BNB (webpage will be available in around 12 hours): 4,080,000 VANA in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 720,000 VANA in rewards (15%)Farming Period: 2024-12-14 00:00  (UTC) to 2024-12-15 23:59 (UTC).
Instructions for participating in Staking BNB, FDUSD to receive $VANA

Follow #wendy for the latest updates 😉
#binance #BinanceLaunchpoolVANA $BTC $ETH $BNB

According to an analysis, the bullish formations formed on the $BONK price chart indicate a 250 percent rally.
According to the chain behind, $45.73 million worth of #BONK was recently withdrawn from centralized exchanges. This situation was interpreted as preparation for a potential rise.
The popular memecoin BONK, which is on the Solana blockchain, is gaining strength amid increasing demand and whale interest. According to an analysis prepared by AMBCrypto, a bullish pattern has formed on BONK's daily chart.
The analysis suggested that the pattern indicates a 40 percent increase in a short time and a potential 250 percent increase.
BONK price analysis

Solana-based memecoin BONK has begun to recover from the sharp price drop experienced on December 10. With the interest of investors, BONK is preparing for a potential breakout.
According to Coinglass's features, the interest of whales and long-term BONK holders has started to increase day by day. This situation led to a significant outflow of BONK from exchanges. According to AMBCrypto, BONK has been withdrawn from exchanges since December 2024.
The analysis emphasized that the popular memecoin will soon be in the 0.0000545 area, and if this area is exceeded, the next target will be $ 0.000137. The ascending triangle formations formed on the BONK chart were increased.
The analysis included the following statements;
“According to the latest price movement, the system seems likely for BONK to be within 0.0000545 in a short time. It can achieve a 40 percent increase.”
AMBCrypto suggested that if the momentum and momentum in memecoin continues, a long-term rally could begin.
#BONKUSDT #memecoins #binance

By: Gustavo Bertolucci 12/13/2024 09:45
Pioneering Bitcoin Investor Gets Two Years in Prison for Failing to Declare Profits to IRS
In addition to the prison sentence, the investor will have to pay a million-dollar fine to reimburse the United States. "This case marks the first criminal prosecution for tax evasion focused exclusively on cryptocurrency," said a US revenue agent.
A court has sentenced a pioneering bitcoin investor to two years in prison in the United States after he failed to declare his profits from selling the digital currency.

All Users Can Log in to Binance's Christmas Calendar Daily to Unlock Exciting Festive Offers and Share Rewards Worth Over $990,000 During #BinanceSeason!

📅 Event Period:

07:00 December 10, 2024 (Vietnam Time) – 06:59 December 25, 2024 (Vietnam Time)
How It Works:
Log in to Binance's Christmas Calendar every day.Click on the icon card in the calendar to unlock a new offer or surprise, available daily at 07:00 (Vietnam Time).Eligible users can claim a free welcome gift containing crypto rewards worth up to $300 directly from the calendar.
Rewards will be distributed as per the terms specified in each program. Please note that the products and services mentioned in Binance's Christmas Calendar may not be available in your region.
New User Welcome Offer:
New users can join the Christmas Calendar festivities by signing up for a Binance account with the referral code "XMAS2024" or via this referral link during the event period.
Benefit: Get a 10% discount on Spot trading fees after completing account verification.Additional Welcome Rewards: Complete available tasks at the Reward Station within 14 days of registration to claim more rewards.
🎁 Open Your Gifts with Binance’s Christmas Calendar!

Don’t miss out on these incredible rewards—start sharing the festive joy now!
For more information about #BinanceSeason activities (such as platform events and other free gifts available during this time)
Source: Binance Vietnam
#binance #wendy $BTC $ETH $SOL

Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide.

Binance and Circle Join Forces for Global Crypto Adoption
A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and promote the growth of the global digital assets and financial services ecosystem.
This partnership combines a reliable and compliant digital currency with the biggest platform for using digital assets globally, thanks to USDC’s expansion and widespread use.
Through the collaboration, Binance will expand the availability of USDC throughout their whole range of goods and services, guaranteeing that over 240 million Binance users worldwide can easily access and utilize USDC for applications related to trading, saving, and payments. Binance will also use USDC as a key dollar stablecoin for their corporate treasury.
Richard Teng, CEO of Binance shared his thoughts about the partnership.
“Through our strategic partnership, our users will have more opportunities to use USDC on our platform, including more USDC trading pairs, special promotions on USDC across trading, and other products on Binance. We will also work closely with Circle to drive innovation and utility for stablecoins globally. Working together as a team, we believe we can materially push forward the possibilities for the internet financial system.”
Jeremy Allaire, Chairman and CEO of Circle echoed Teng’s thoughts on the partnership.
“With Binance rapidly becoming the world’s leading financial super app, this is a tremendous opportunity for USDC as it becomes ubiquitous on the Binance platform. I’m thrilled to be working with the Binance leadership team as they continue to build the largest digital asset company in the world.”
This partnership aims to consolidate the role of USDC in digital payments, promising broader adoption and innovation in the crypto space.
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