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6 months ago started using #Binance #BinanceTournament #Megadrop #Write2Earn! 

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$BTC $ETH $BNB 🔥🔥Bitcoin Leads Market with 4.6% Rise Amid Altcoin Rally🔥🔥 Bitcoin and major altcoins are showing significant movements in the market as of July 6. At the time of writing, Bitcoin has gained significantly and is trading at $56,517, up 4.6%. The value of Bitcoin in Turkish lira was determined as 1,921,111 TL. Ethereum (ETH) also turns positive with an increase of 5.1%, showing its price at $3,002. On the other hand, Binance Coin (BNB) is trading at $476, down 11.2%. Ripple (XRP) is trading at $0.433, up 8.4%, while Solana (SOL) is up 9% at around $136. Dogecoin (DOGE) reached $0.109 with a significant increase of 14.2%, while Toncoin (TON) increased by 14.3% and traded at $7.55. Dogwifhat (WIF) stands out as the highest-earning altcoin with a 23.9% increase in the last 24 hours, currently trading at $1.98. Additionally, Zebec Protocol (ZBC) is trading at $0.0174, down 1.4%. The Dollar Index (DXY) is at 105.3, indicating that the market is relatively stable. While Bitcoin's market cap is around $1.11 trillion, the total market cap of the crypto industry is around $2.18 trillion. The 24-hour transaction volume in the crypto market is around 109 billion dollars. While $193 million was liquidated from the crypto market in the last 24 hours, this affected more than 56,000 investors. While 73.08% of these liquidations came from short positions, the most liquidated asset was Bitcoin. My dear friends, do not hesitate to give your free support. I am trying to bring such news to you instantly. My only request from you is that if there is anyone who does not follow me yet, I would be happy if they follow me. Do not forget to like my articles and posts. Thank you.

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Here are Some Advices For You to Become Profitable in Future Trading👇 1. Liquidity Risk: Trade on highly liquid contracts to ensure smooth order execution and avoid slippage. 2. Counter-Trend Trading: Approach counter-trend trading with caution due to its higher risk profile. 3. Volatility Expansion: Anticipate volatility expansion during news events or market announcements. 4. Risk Parity Rebalancing Frequency: Determine the optimal frequency for rebalancing your risk parity portfolio. 5. Tail Risk Hedging: Explore options strategies to hedge against tail risk events (extreme market movements). #SOFR_Spike #US_Job_Market_Slowdown #SOFR_Spike #BinanceTournament #Megadrop

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T his Chinese kiddo lost $6B. He may appear young, but his journey holds valuable lessons for both new and pros in crypto 👇 It all started back in the early days of Bitcoin16-year-old Zhao Tong was fascinated by the tech and he was determined to get involved.However, due to the lack of reputable crypto exchanges, buying Bitcoin was quite challenging. Long story short, he bought his first BTC...right before the infamous Mt. Gox crash that tanked the price. Zhao's holdings lost 99% of their value overnight- a loss that would be worth over $6 billion today. Rather than give up, Zhao doubled down and in just FOUR DAYS he built his own exchange, Bitcoinica. He created one of the first platforms to offer cutting-edge features like margin trading and it was an INSTANT hit. With no marketing and basic security, it was rivalling the biggest players with $40 million in monthly volume. In two weeks, Zhao had made 2,000 $BTC Tong's youth and inexperience understandably raised some concerns about security but Bitcoinica continued expanding rapidly. Investors approached Tong with an offer to purchase the exchange and as a student with exams coming up, he agreed to sell. Zhao made the decision to sell Bitcoinica to a larger company called Wendon Group looking to expand in the space. Things were looking good...until hackers targeted Bitcoinica multiple times and stole over 100k BTC FROM USERS. He didn't do anything wrong but his name became known with these hacks within the tight-knit crypto community. Tong chose to step away from the industry. However, he did retain 1,000 BTC which he invested in a rare solid gold Casascius coin now valued at over $60 million. This isn't a story of a story of wasted potential. It is a reminder to value the groundwork laid by those who took risks in Bitcoin's unpredictable early days. There was no blueprint for building secure exchange infrastructure back in 2012, and even today major established players have suffered massive hacks and thefts. We all need to be safe out here.

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🚨🚨 ALARMING NEWS, BREAKING alarm 🚨🚨 The MiCA Act has several significant impacts on the crypto market, outlined as follows: Firstly, it simplifies authorization procedures. Crypto asset service providers (CASPs) with existing national licenses will find it easier to obtain MiCA authorization, facilitating cross-regional services within the EU. Secondly, MiCA creates a unified market. This act brings standardized supervision across the EU, enhancing the market's competitiveness and attractiveness for businesses. Thirdly, it restricts offshore companies. Unregulated companies will face challenges in attracting EU customers, which benefits compliant companies operating within the regulatory framework. Fourthly, MiCA promotes institutional participation. The act is expected to encourage major banks and institutions to enter the crypto market and launch related services, broadening the market's scope and stability. Fifthly, stablecoin issuance is affected. Issuers like Tether will face significant compliance challenges, including increased transparency and more frequent audits to meet regulatory standards. Regarding DeFi, MiCA does not directly regulate fully decentralized projects. However, centralized DeFi projects will need to comply with the new regulations, affecting their operations. Additionally, high compliance costs could drive some companies to relocate outside the EU, potentially stifling innovation within the region. Finally, MiCA is poised to become a global standard for crypto regulation. However, its success will depend on effective implementation and enforcement in the future. #NewsAboutCrypto #Write2Earn! #altcoins #ETH_ETFs_Approval_Predictions #BinanceTournament #Megadrop #Write2Earn!

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