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Daily Cryptocurrency Digest: Solana Cracks Down on Validator Sandwich Attacks
A group of Solana (SOL) verifiers are facing financial penalties for allegedly facilitating financial attacks against cryptocurrency traders. More than 30 validators were removed from the Solana Foundation’s delegation programme over the weekend, sources said. While they remain verifiers on the network, they are no longer eligible for rewards for verifying Solana blockchain transactions.
Sandwich attacks involve placing one order before a transaction and then another order immediately after the transaction. Attackers will place the first pending transaction between simultaneous front-end and back-end transactions to manipulate the price of the asset and profit from the difference. Tim Garcia, head of verifier relations at Solana, announced on Discord that he would be removing verifiers, stating that ‘participation in a private pool of memory to sandwich attack transactions or otherwise compromise the integrity of Solana users will not be delegated.”
A Jito Foundation governance post published on Sunday revealed that 10% of the JitoSOL pool is delegated to validators running private memory pools, and the Jito Foundation is proposing to impose further financial penalties on these validators by restricting more pledged SOLs.
Market Trends: BTC oscillates at high levels as Altcoins generally fall
BTC: After breaking above $70,000 early this morning there was a pullback and it is now consolidating around $69,400. In the short term, it will probably oscillate in the $68,000-$70,000 range, waiting for the release of this week’s CPI data to choose a new market movement.
ETH: Currently oscillating around $3,660 with a relatively stable trend. It is likely to fluctuate in the $3,600-3,700 range in the short term.
Altcoins: generally down, market sentiment is relatively cold. Investors need to choose carefully and pay attention to market hotspots and individual strong coins.
Macroeconomics
U.S. Stocks Higher: Investors are waiting for the release of CPI data on Wednesday, which is expected to have a big impact on the market.
CPI data: CPI data is an important economic indicator, which may affect the market’s expectations of inflation and monetary policy, thus affecting the trend of the crypto market.
Risk Warning:
The crypto market is volatile, investors need to be cautious and avoid chasing highs.
Pay close attention to macroeconomic data, such as CPI data, which may have a greater impact on the market.
Pay attention to changes in market sentiment and adjust investment strategies in a timely manner.
Macro: S&P 500 and Nasdaq hit new closing highs; Fed meeting and CPI coming soon
On Monday, 10 June, Reuters reported: the S&P 500 and the Nasdaq still hit new closing highs on Monday, despite investor caution ahead of this week’s upcoming Consumer Price Index (CPI) report and the Federal Reserve’s policy statement.
In terms of specific indexes, the Dow Jones rose 0.2 per cent, the S&P 500 index rose 0.3 per cent and the Nasdaq rose 0.4 per cent.
Nvidia, which drove the Nasdaq and S&P 500 up, closed up 0.7 per cent after a ten-share stock split. Some investors believe the chipmaker is likely to be included in the Dow Jones blue chips.
May’s Consumer Price Index report will be released on Wednesday, when the Federal Reserve’s two-day policy meeting concludes. The Fed will release its latest economic and policy projections and is expected to leave interest rates unchanged. Investors will be watching for clues as to when the Fed will start cutting rates.
On Tuesday 11 June, Asian markets look set to continue to be restrained by rising bond yields, political turmoil in Europe, a stronger US dollar, and caution ahead of the Federal Reserve’s policy decision later in the week.
Nonetheless, Japan’s economy started the week on a strong note, coming off the back of higher-than-expected revisions to first-quarter GDP and an across-the-board decline in the yen for Japanese government bond yields.
Tuesday’s economic data mainly consists of South Korean current account data, Philippine trade data and Australian business confidence data.
Japan’s revised GDP data on Monday will boost market confidence in the Japanese economy and increase expectations that the Bank of Japan will push ahead with policy normalization at its policy meeting later in the week. Japan’s 10-year government bond yield rose 4.5 basis points on Monday, the biggest gain in two months and enough to reverse half of last week’s decline.
Record closing highs on Wall Street and strong U.S. Treasury yields should continue to support the U.S. dollar, a combination that could put more pressure on emerging market assets.
On Friday, both the CSI 300 blue-chip index and the Shanghai Composite Index fell to their lowest points in six weeks. With Chinese stocks closed on Monday, Tuesday’s opening could see sharp volatility as investors catch up on gains over two global trading days.
In commodities, oil prices rose on Tuesday, extending the previous day’s gains on expectations of increased seasonal fuel demand and the possibility of U.S. crude purchases to replenish its oil reserves, but gains were limited by a stronger dollar. Brent crude futures were up 28 cents to $81.91 a barrel, while U.S. West Texas Intermediate crude futures were up 31 cents to $78.05 a barrel.
Oil prices rose about 3 percent to a one-week high on Monday, driven by expectations of higher demand for fuel this summer, despite a stronger dollar on expectations that the Federal Reserve will keep interest rates higher.
Gold was just above one-month lows at $2,306 an ounce.
Extracted from Gateio Research article…
Sandwich attacks involve placing one order before a transaction and then another order immediately after the transaction. Attackers will place the first pending transaction between simultaneous front-end and back-end transactions to manipulate the price of the asset and profit from the difference. Tim Garcia, head of verifier relations at Solana, announced on Discord that he would be removing verifiers, stating that ‘participation in a private pool of memory to sandwich attack transactions or otherwise compromise the integrity of Solana users will not be delegated.”
A Jito Foundation governance post published on Sunday revealed that 10% of the JitoSOL pool is delegated to validators running private memory pools, and the Jito Foundation is proposing to impose further financial penalties on these validators by restricting more pledged SOLs.
Market Trends: BTC oscillates at high levels as Altcoins generally fall
BTC: After breaking above $70,000 early this morning there was a pullback and it is now consolidating around $69,400. In the short term, it will probably oscillate in the $68,000-$70,000 range, waiting for the release of this week’s CPI data to choose a new market movement.
ETH: Currently oscillating around $3,660 with a relatively stable trend. It is likely to fluctuate in the $3,600-3,700 range in the short term.
Altcoins: generally down, market sentiment is relatively cold. Investors need to choose carefully and pay attention to market hotspots and individual strong coins.
Macroeconomics
U.S. Stocks Higher: Investors are waiting for the release of CPI data on Wednesday, which is expected to have a big impact on the market.
CPI data: CPI data is an important economic indicator, which may affect the market’s expectations of inflation and monetary policy, thus affecting the trend of the crypto market.
Risk Warning:
The crypto market is volatile, investors need to be cautious and avoid chasing highs.
Pay close attention to macroeconomic data, such as CPI data, which may have a greater impact on the market.
Pay attention to changes in market sentiment and adjust investment strategies in a timely manner.
Macro: S&P 500 and Nasdaq hit new closing highs; Fed meeting and CPI coming soon
On Monday, 10 June, Reuters reported: the S&P 500 and the Nasdaq still hit new closing highs on Monday, despite investor caution ahead of this week’s upcoming Consumer Price Index (CPI) report and the Federal Reserve’s policy statement.
In terms of specific indexes, the Dow Jones rose 0.2 per cent, the S&P 500 index rose 0.3 per cent and the Nasdaq rose 0.4 per cent.
Nvidia, which drove the Nasdaq and S&P 500 up, closed up 0.7 per cent after a ten-share stock split. Some investors believe the chipmaker is likely to be included in the Dow Jones blue chips.
May’s Consumer Price Index report will be released on Wednesday, when the Federal Reserve’s two-day policy meeting concludes. The Fed will release its latest economic and policy projections and is expected to leave interest rates unchanged. Investors will be watching for clues as to when the Fed will start cutting rates.
On Tuesday 11 June, Asian markets look set to continue to be restrained by rising bond yields, political turmoil in Europe, a stronger US dollar, and caution ahead of the Federal Reserve’s policy decision later in the week.
Nonetheless, Japan’s economy started the week on a strong note, coming off the back of higher-than-expected revisions to first-quarter GDP and an across-the-board decline in the yen for Japanese government bond yields.
Tuesday’s economic data mainly consists of South Korean current account data, Philippine trade data and Australian business confidence data.
Japan’s revised GDP data on Monday will boost market confidence in the Japanese economy and increase expectations that the Bank of Japan will push ahead with policy normalization at its policy meeting later in the week. Japan’s 10-year government bond yield rose 4.5 basis points on Monday, the biggest gain in two months and enough to reverse half of last week’s decline.
Record closing highs on Wall Street and strong U.S. Treasury yields should continue to support the U.S. dollar, a combination that could put more pressure on emerging market assets.
On Friday, both the CSI 300 blue-chip index and the Shanghai Composite Index fell to their lowest points in six weeks. With Chinese stocks closed on Monday, Tuesday’s opening could see sharp volatility as investors catch up on gains over two global trading days.
In commodities, oil prices rose on Tuesday, extending the previous day’s gains on expectations of increased seasonal fuel demand and the possibility of U.S. crude purchases to replenish its oil reserves, but gains were limited by a stronger dollar. Brent crude futures were up 28 cents to $81.91 a barrel, while U.S. West Texas Intermediate crude futures were up 31 cents to $78.05 a barrel.
Oil prices rose about 3 percent to a one-week high on Monday, driven by expectations of higher demand for fuel this summer, despite a stronger dollar on expectations that the Federal Reserve will keep interest rates higher.
Gold was just above one-month lows at $2,306 an ounce.
Extracted from Gateio Research article…
Don’t Rush to Sell! Take A Minimal Risk!!!!
The post $PEPE And $FLOKI FLOKI Records Bearish Action! Will Memecoins Bounce Back This Week? appeared first on Coinpedia Fintech News
The cryptocurrency market has experienced a significant correction in its valuation over the past weekend, with top tokens recording a notable correction in their respective portfolios.
Following the trend, the memecoin category displayed a similar trend and broke down their important support levels. Despite top memecoins starting the week on a bearish note, memecoins like Pepe and Floki experienced an upward price action, highlighting a mixed sentiment in the crypto space.
Dive in as, in this article, we have covered the market sentiment, and price analysis of Pepe (PEPE) and Floki (FLOKI) and their short-term price targets.
Pepe (PEPE) Price Analysis:
Despite recording a jump of approximately 4% within the past, the memecoin has lost 17.66% over the past week, indicating a rising bearish sentiment for the memecoin in the crypto space. The SMA constantly acts as a resistance to the PEPE price chart, suggesting a strong bearish sentiment for the altcoin in the cryptocurrency market. The Relative Strength Index (RSI) continues to hover close to its mid-point, indicating a weak price action for the memecoin in the market. Moreover, the average shows a bearish curve, suggesting a negative outlook for the PEPE coin price this week. If the market holds the price above the support level of $0.00001150, the bulls will regain momentum and the Pepe price will prepare to test its upper resistance level of $0.00001675. Conversely, bearish price action could pull the memecoin toward its lower support level of $0.00000880.
Floki Price Records A Bearish Reversal In The Chart:
After trading within a closed range between $0.000252 and $0.00030 for over a week, the bulls regained momentum and broke out of the resistance level. However, the Floki price failed to hold its value above the level, resulting in the memecoin experiencing a pullback within the range.
The post $PEPE And $FLOKI FLOKI Records Bearish Action! Will Memecoins Bounce Back This Week? appeared first on Coinpedia Fintech News
The cryptocurrency market has experienced a significant correction in its valuation over the past weekend, with top tokens recording a notable correction in their respective portfolios.
Following the trend, the memecoin category displayed a similar trend and broke down their important support levels. Despite top memecoins starting the week on a bearish note, memecoins like Pepe and Floki experienced an upward price action, highlighting a mixed sentiment in the crypto space.
Dive in as, in this article, we have covered the market sentiment, and price analysis of Pepe (PEPE) and Floki (FLOKI) and their short-term price targets.
Pepe (PEPE) Price Analysis:
Despite recording a jump of approximately 4% within the past, the memecoin has lost 17.66% over the past week, indicating a rising bearish sentiment for the memecoin in the crypto space. The SMA constantly acts as a resistance to the PEPE price chart, suggesting a strong bearish sentiment for the altcoin in the cryptocurrency market. The Relative Strength Index (RSI) continues to hover close to its mid-point, indicating a weak price action for the memecoin in the market. Moreover, the average shows a bearish curve, suggesting a negative outlook for the PEPE coin price this week. If the market holds the price above the support level of $0.00001150, the bulls will regain momentum and the Pepe price will prepare to test its upper resistance level of $0.00001675. Conversely, bearish price action could pull the memecoin toward its lower support level of $0.00000880.
Floki Price Records A Bearish Reversal In The Chart:
After trading within a closed range between $0.000252 and $0.00030 for over a week, the bulls regained momentum and broke out of the resistance level. However, the Floki price failed to hold its value above the level, resulting in the memecoin experiencing a pullback within the range.
VeChain Partners with Revolut to Integrate VET and VTHO
$VET CEO Sunny Lu has enthusiastically announced a partnership with Revolut, a leading fintech platform. This collaboration marks a significant milestone as VeChain’s native tokens, $VET and $VTHO , are now integrated into Revolut’s ecosystem. This move enhances VeChain’s presence and accessibility in the cryptocurrency industry.
The bullish partnership between VeChain and Revolut, coupled with VeChain’s ongoing development of RWA applications, positions both projects for substantial growth and increased blockchain adoption. Revolut’s extensive reach, serving over 40 million users across 50 countries and facilitating over 330 million transactions monthly, amplifies the potential impact of this integration.
This strategic partnership is expected to benefit VET and VTHO holders significantly. The success of the collaboration could potentially drive up the prices of these altcoins, offering promising gains to investors and enthusiasts alike.
Impact on VET and VTHO
Major Milestone for VET and VTHO: VeChain’s native tokens, VET and VTHO, achieving availability on Revolut represents a significant milestone. This integration opens up a vast opportunity, exposing these assets to millions of new users eager to explore blockchain technology’s potential.
Expected Price Impact: With both VET and VTHO listed on Revolut’s retail app, expectations are high for a price spike. Investors anticipate these tokens to climb towards their previous all-time highs (ATHs), fueled by bullish sentiment surrounding VeChain and the upcoming golden bull cycle.
Revolut’s Influence and Accessibility: Revolut, renowned for its user-friendly interface and attractive incentives, boasts over 40 million users worldwide. This partnership ensures seamless access and confidence for users seeking to engage.
#TopCoinsJune2024 #VET #Vechain #VTHO #Bitcoin #Binance200M #altcoins #ETHETFsApproved
$VET CEO Sunny Lu has enthusiastically announced a partnership with Revolut, a leading fintech platform. This collaboration marks a significant milestone as VeChain’s native tokens, $VET and $VTHO , are now integrated into Revolut’s ecosystem. This move enhances VeChain’s presence and accessibility in the cryptocurrency industry.
The bullish partnership between VeChain and Revolut, coupled with VeChain’s ongoing development of RWA applications, positions both projects for substantial growth and increased blockchain adoption. Revolut’s extensive reach, serving over 40 million users across 50 countries and facilitating over 330 million transactions monthly, amplifies the potential impact of this integration.
This strategic partnership is expected to benefit VET and VTHO holders significantly. The success of the collaboration could potentially drive up the prices of these altcoins, offering promising gains to investors and enthusiasts alike.
Impact on VET and VTHO
Major Milestone for VET and VTHO: VeChain’s native tokens, VET and VTHO, achieving availability on Revolut represents a significant milestone. This integration opens up a vast opportunity, exposing these assets to millions of new users eager to explore blockchain technology’s potential.
Expected Price Impact: With both VET and VTHO listed on Revolut’s retail app, expectations are high for a price spike. Investors anticipate these tokens to climb towards their previous all-time highs (ATHs), fueled by bullish sentiment surrounding VeChain and the upcoming golden bull cycle.
Revolut’s Influence and Accessibility: Revolut, renowned for its user-friendly interface and attractive incentives, boasts over 40 million users worldwide. This partnership ensures seamless access and confidence for users seeking to engage.
#TopCoinsJune2024 #VET #Vechain #VTHO #Bitcoin #Binance200M #altcoins #ETHETFsApproved
This is why I don’t joke around! Make hay why the sunshine.
LIVE
Richard Teng
--
“Why crypto?”
Because we’re unlocking so much potential! 🔑 From faster, cost-effective cross-border transfers to financial inclusivity for the 1.4 billion unbanked people globally.
Here's a great #Binance Blog article that covers this ⤵️
https://www.binance.com/en/blog/adoption/beyond-borders-the-power-of-crypto-in-global-money-transfers-7807503777915524943
Because we’re unlocking so much potential! 🔑 From faster, cost-effective cross-border transfers to financial inclusivity for the 1.4 billion unbanked people globally.
Here's a great #Binance Blog article that covers this ⤵️
https://www.binance.com/en/blog/adoption/beyond-borders-the-power-of-crypto-in-global-money-transfers-7807503777915524943
$BTC $ETH $BNB
Acceleration phase started: passion intensifies, market rises—:
1. The net inflow of the US Bitcoin spot ETF yesterday was $887.1 million, which was the largest net inflow day since March 12 and the second highest net inflow day since its establishment!
2. The cryptocurrency panic and greed index is 75 (yesterday was 73), and market greed is on the rise.
Acceleration phase started: passion intensifies, market rises—:
1. The net inflow of the US Bitcoin spot ETF yesterday was $887.1 million, which was the largest net inflow day since March 12 and the second highest net inflow day since its establishment!
2. The cryptocurrency panic and greed index is 75 (yesterday was 73), and market greed is on the rise.
$SHIB Inu’s Crucial Support and Resistance Levels: Will It Reach $0.0001 or its #ATH?
The cryptocurrency market is abuzz with speculation about the potential for Shiba Inu (SHIB) to reach $0.0001 this June as highlighted by $SHIB KNIGHT, an analyst. The price of $SHIB stands at $0.00002395 and fluctuating at the moment, with a recent increase indicating an upward trend.
Historically, SHIB experienced a dramatic spike followed by a steep decline. Since then, the price has stabilized, showing minor fluctuations and a period of consolidation. The lowest support level observed on the chart is around $0.00000001, serving as a long-term safety net. More immediately, support is found near the current price of $0.00002494, where the price has seen some consolidation and minor upward movement.
On the resistance side, the immediate level to watch is $0.00002495. If SHIB can break through this level, it could pave the way for further gains. A significant resistance level is marked by the green arrow at $0.00010001, which represents a major price target and psychological barrier for many traders. Intermediate resistance levels at $0.00005000 and $0.00001500 also warrant attention, as historical price action has shown reactions around these levels.
The recent positive price movement and the upward arrow suggest a bullish outlook, with some traders targeting a rise to $0.00010001. This optimism is fueled by the recent 1.24% increase in SHIB’s price over the last 24 hours, with a 24-hour trading volume of $659.67M as per CoinMarketCap.
If SHIB fails to break the immediate resistance at $0.00002495, it might retest lower support levels. A significant drop below the current support level could lead to further declines, testing historical supports.
The 30-minutes Relative Strength Index (RSI) reads 33.37 as indicated below, suggesting a period of consolidation after recent price movements. The 30-minutes WM %R(14) reads -48.90 indicating some selling pressure in the market, though not strong enough to significantly impact the price.
#altsesaon #shiba⚡
The cryptocurrency market is abuzz with speculation about the potential for Shiba Inu (SHIB) to reach $0.0001 this June as highlighted by $SHIB KNIGHT, an analyst. The price of $SHIB stands at $0.00002395 and fluctuating at the moment, with a recent increase indicating an upward trend.
Historically, SHIB experienced a dramatic spike followed by a steep decline. Since then, the price has stabilized, showing minor fluctuations and a period of consolidation. The lowest support level observed on the chart is around $0.00000001, serving as a long-term safety net. More immediately, support is found near the current price of $0.00002494, where the price has seen some consolidation and minor upward movement.
On the resistance side, the immediate level to watch is $0.00002495. If SHIB can break through this level, it could pave the way for further gains. A significant resistance level is marked by the green arrow at $0.00010001, which represents a major price target and psychological barrier for many traders. Intermediate resistance levels at $0.00005000 and $0.00001500 also warrant attention, as historical price action has shown reactions around these levels.
The recent positive price movement and the upward arrow suggest a bullish outlook, with some traders targeting a rise to $0.00010001. This optimism is fueled by the recent 1.24% increase in SHIB’s price over the last 24 hours, with a 24-hour trading volume of $659.67M as per CoinMarketCap.
If SHIB fails to break the immediate resistance at $0.00002495, it might retest lower support levels. A significant drop below the current support level could lead to further declines, testing historical supports.
The 30-minutes Relative Strength Index (RSI) reads 33.37 as indicated below, suggesting a period of consolidation after recent price movements. The 30-minutes WM %R(14) reads -48.90 indicating some selling pressure in the market, though not strong enough to significantly impact the price.
#altsesaon #shiba⚡
Terra Classic v3.0.1 Upgrade Goes Live, as LUNC Price To Rally? Could this be buying time? $LUNC price flashes buy signal
The Terra Luna Classic community implement the much-anticipated v3.0.1 upgrade, with the impact expected to witnessed in a couple of days as.
Terra Luna Classic Upgrade: Market Reaction
According to a recent X post as displayed below by community member Mr. Diamondhandz1, the upgrade remains on schedule to start within a few hours. This will lead to a temporary halt of the $LUNC chain.
Mr. Diamondhandz1 shared the update, stating:
“UPDATE: The v3.0.1 upgrade by @Genuine__Labs will start in approximately two hours and the $LUNC chain will be halted. Time to upgrade the #LunaClassic blockchain and continue the recovery effort. Keep BUILDING!”
Notably, this upgrade follows a unanimous decision by the Terra Luna Classic community, which saw the v3.0.1 software upgrade proposal receive an overwhelming 99.9% approval from both community members and validators. The proposal, put forward by the Terra Luna Classic Layer 1 development team, Genuine Labs, includes significant updates such as sdk 47 and other major enhancements to the blockchain.
As the community gears up for this pivotal upgrade, the LUNC price has, however, remained down in the past 24 hours as it dipped 2.95% to $0.0001163 as per CoinMarketCap data. Analysts consider this unusual as the news of the anticipated new development ought to trigger a positive price reaction.
Binance’s Role in LUNC Recovery
Meanwhile, with the news of the settlement between the United States Securities and Exchange Commission (SEC), Terraform Labs, and Do Kwon, market watchers had observed positive sentiments on Terra ecosystem tokens.
As per Coingape’s report, there were forecasts of LUNC having setting its sight on the $1 price mark given the positive sentiments of the SEC settlement news. The v3.0.1 upgrade protocol will require validators to replace the old binary with the new one. The aim is to enhance the Terra network as per performance and operations.
Excerpted from CoinGap
The Terra Luna Classic community implement the much-anticipated v3.0.1 upgrade, with the impact expected to witnessed in a couple of days as.
Terra Luna Classic Upgrade: Market Reaction
According to a recent X post as displayed below by community member Mr. Diamondhandz1, the upgrade remains on schedule to start within a few hours. This will lead to a temporary halt of the $LUNC chain.
Mr. Diamondhandz1 shared the update, stating:
“UPDATE: The v3.0.1 upgrade by @Genuine__Labs will start in approximately two hours and the $LUNC chain will be halted. Time to upgrade the #LunaClassic blockchain and continue the recovery effort. Keep BUILDING!”
Notably, this upgrade follows a unanimous decision by the Terra Luna Classic community, which saw the v3.0.1 software upgrade proposal receive an overwhelming 99.9% approval from both community members and validators. The proposal, put forward by the Terra Luna Classic Layer 1 development team, Genuine Labs, includes significant updates such as sdk 47 and other major enhancements to the blockchain.
As the community gears up for this pivotal upgrade, the LUNC price has, however, remained down in the past 24 hours as it dipped 2.95% to $0.0001163 as per CoinMarketCap data. Analysts consider this unusual as the news of the anticipated new development ought to trigger a positive price reaction.
Binance’s Role in LUNC Recovery
Meanwhile, with the news of the settlement between the United States Securities and Exchange Commission (SEC), Terraform Labs, and Do Kwon, market watchers had observed positive sentiments on Terra ecosystem tokens.
As per Coingape’s report, there were forecasts of LUNC having setting its sight on the $1 price mark given the positive sentiments of the SEC settlement news. The v3.0.1 upgrade protocol will require validators to replace the old binary with the new one. The aim is to enhance the Terra network as per performance and operations.
Excerpted from CoinGap
$MATIC approaching the resistance zone of 0.72, if it can break through, we can see rapid rises.
#CryptoObservers #CryptoNewss #btc70k
#HotTopicDiscussion #Megadrop
#CryptoObservers #CryptoNewss #btc70k
#HotTopicDiscussion #Megadrop
$BOME memecoin is gearing up to skyrocket and potentially cross our next target of 0.047$ in a shorter timeframe. But it's not flying solo - & $SHIB and $FLOKI are also set to dominate.
In the past, we've seen a 13x profit increase.
Didn't catch this rally? No problem. I will be sharing other top altcoin recommendations. Follow me to stay tuned and never miss out on these hidden gems again.
In the past, we've seen a 13x profit increase.
Didn't catch this rally? No problem. I will be sharing other top altcoin recommendations. Follow me to stay tuned and never miss out on these hidden gems again.
Earn free crypto such as $PEPE $BNB etc, an interesting article for your enjoyment and investment.
#EarnFreeCrypto2024 #ETHETFsApproved #PEPE #flokithebest #altcoins
#EarnFreeCrypto2024 #ETHETFsApproved #PEPE #flokithebest #altcoins
Unlocking Free Crypto: A Comprehensive Guide to Maximizing Binance Square
In the rapidly evolving landscape of cryptocurrencies, earning free tokens has become not only achievable but also increasingly rewarding. Binance, one of the leading cryptocurrency exchanges globally, offers a plethora of opportunities for users to accumulate free cryptocurrency through its innovative platform, Binance Square. In this in-depth guide, we'll delve into the top strategies I used to earn free cryptocurrency on Binance Square, highlighting key features such as Binance Megadrop, Binance Earn, Binance Launchpool, Binance Learn and Earn, and Write2Earn.
1. Binance Megadrop: Unlocking the Power of Airdrops
Binance Megadrop stands out as a prominent feature within Binance Square, offering users the chance to earn significant amounts of various tokens through airdrops. Airdrops are distributions of free tokens to holders of a particular cryptocurrency, often as part of a promotional campaign or project launch. To capitalize on Binance Megadrop, users need to actively participate in eligible promotions or hold specific cryptocurrencies in their Binance wallet. By staying updated on Binance announcements and promotions, users can seize lucrative airdrop opportunities and diversify their crypto holdings effortlessly.
2. Binance Earn: Passive Income Made Simple
This revolutionizes the concept of earning passive income with cryptocurrencies by providing users with various opportunities to grow their digital assets. Through Binance Earn, users can stake their assets, provide liquidity to DeFi protocols, or participate in flexible savings programs to earn interest or rewards in the form of free tokens. By strategically allocating their assets across different earning products offered on Binance Earn, users can optimize their earnings and maximize their returns without the need for active trading.
3. Binance Launchpool: Access Exclusive Token Offerings
This offers users the opportunity to participate in token launches and earn free tokens as rewards for staking their assets. By staking BNB or other supported cryptocurrencies, users can gain access to exclusive token offerings and receive allocations of newly launched tokens. Binance Launchpool provides a streamlined and user-friendly platform for users to engage with token launches, democratizing access to innovative blockchain projects and incentivizing participation through token rewards.
4. Binance Learn and Earn: Education meets Rewards
This combines education with rewards, providing users with the opportunity to enhance their knowledge about cryptocurrencies and blockchain technology while earning free tokens. Through interactive educational modules, quizzes, and tutorials, users can deepen their understanding of various blockchain projects and earn rewards in the process. By completing learning tasks and staying informed about the latest developments in the crypto space, users can accumulate free tokens and stay ahead of the curve.
5. Write2Earn on Binance Square: Monetize Your Creativity
This offers a unique opportunity for crypto enthusiasts to monetize their writing skills and earn free tokens. By contributing quality content on topics related to cryptocurrencies, blockchain technology, and decentralized finance (DeFi), users can showcase their expertise and engage with a vibrant community of like-minded individuals. Writers earn rewards based on the popularity and engagement of their articles, providing an additional avenue for users to accumulate free cryptocurrency while sharing valuable insights with others.
In conclusion, Binance Square provides a comprehensive ecosystem for users to earn free cryptocurrency through a variety of innovative features and campaigns. Whether it's through airdrops, passive income opportunities, token launches, educational initiatives, or content creation, Binance empowers users to participate actively in the crypto economy and unlock the full potential of their digital assets. By leveraging the 5 strategies outlined in this guide, users can embark on their journey to accumulating free cryptocurrency on Binance Square and navigate the ever-expanding world of cryptocurrencies with confidence and success.
1. Binance Megadrop: Unlocking the Power of Airdrops
Binance Megadrop stands out as a prominent feature within Binance Square, offering users the chance to earn significant amounts of various tokens through airdrops. Airdrops are distributions of free tokens to holders of a particular cryptocurrency, often as part of a promotional campaign or project launch. To capitalize on Binance Megadrop, users need to actively participate in eligible promotions or hold specific cryptocurrencies in their Binance wallet. By staying updated on Binance announcements and promotions, users can seize lucrative airdrop opportunities and diversify their crypto holdings effortlessly.
2. Binance Earn: Passive Income Made Simple
This revolutionizes the concept of earning passive income with cryptocurrencies by providing users with various opportunities to grow their digital assets. Through Binance Earn, users can stake their assets, provide liquidity to DeFi protocols, or participate in flexible savings programs to earn interest or rewards in the form of free tokens. By strategically allocating their assets across different earning products offered on Binance Earn, users can optimize their earnings and maximize their returns without the need for active trading.
3. Binance Launchpool: Access Exclusive Token Offerings
This offers users the opportunity to participate in token launches and earn free tokens as rewards for staking their assets. By staking BNB or other supported cryptocurrencies, users can gain access to exclusive token offerings and receive allocations of newly launched tokens. Binance Launchpool provides a streamlined and user-friendly platform for users to engage with token launches, democratizing access to innovative blockchain projects and incentivizing participation through token rewards.
4. Binance Learn and Earn: Education meets Rewards
This combines education with rewards, providing users with the opportunity to enhance their knowledge about cryptocurrencies and blockchain technology while earning free tokens. Through interactive educational modules, quizzes, and tutorials, users can deepen their understanding of various blockchain projects and earn rewards in the process. By completing learning tasks and staying informed about the latest developments in the crypto space, users can accumulate free tokens and stay ahead of the curve.
5. Write2Earn on Binance Square: Monetize Your Creativity
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In conclusion, Binance Square provides a comprehensive ecosystem for users to earn free cryptocurrency through a variety of innovative features and campaigns. Whether it's through airdrops, passive income opportunities, token launches, educational initiatives, or content creation, Binance empowers users to participate actively in the crypto economy and unlock the full potential of their digital assets. By leveraging the 5 strategies outlined in this guide, users can embark on their journey to accumulating free cryptocurrency on Binance Square and navigate the ever-expanding world of cryptocurrencies with confidence and success.
How high will $FLOKI go?
The bullish FLOKI price prediction for 2024 is $0.01 to $0.1. With the existence of Burn and supported by a strong community. And if market momentum and investor sentiment improve positively, Floki may reach $0.001 in a short time and there is a possibility of reaching $0.3. In addition, with the future growth and progress of the FLOKI ecosystem, FLOKI may surpass its all-time high (ATH) and mark a new ATH.
#ContentStar # #HotTopicDiscussion #altcoins
#BTC☀ #ETHETFsApproved
The bullish FLOKI price prediction for 2024 is $0.01 to $0.1. With the existence of Burn and supported by a strong community. And if market momentum and investor sentiment improve positively, Floki may reach $0.001 in a short time and there is a possibility of reaching $0.3. In addition, with the future growth and progress of the FLOKI ecosystem, FLOKI may surpass its all-time high (ATH) and mark a new ATH.
#ContentStar # #HotTopicDiscussion #altcoins
#BTC☀ #ETHETFsApproved
$PEPE Becomes Only The Third Memecoin After Dogecoin And Shiba Inu To Reach $7B Market Cap, Adds $4B In May Alone
In a significant milestone, frog-themed memecoin Pepe
$PEPE /$USDC
-hit $7 billion in market cap, with $4 billion added in May alone.
What Happened: $PEPE became just the third memecoin after blue-chip currencies like Dogecoin
$DOGE /$USDC
-and Shiba Inu
$SHIB /$USDC
-to achieve this feat.
The token outpaced not only rival memecoins, but also the wider cryptocurrency market, gaining roughly 135% over the month. Year-to-date, the Ethereum
$ETH / $USDC
-based cryptocurrency has returned 12X to its holders.
The mad rush for PEPE could be gauged by its high trading volumes in the last 24 hours, nearing $2.5 billion, making it the most-traded memecoin in the said time period.
The rally garnered the interest of wealthy investors. According to on-chain tracking platform Spot On Chain, a whale withdrew a whopping 1.32 trillion PEPE tokens from Binance over the last five days. At the current price, their PEPE portfolio generated a 21% return.
In a significant milestone, frog-themed memecoin Pepe
$PEPE /$USDC
-hit $7 billion in market cap, with $4 billion added in May alone.
What Happened: $PEPE became just the third memecoin after blue-chip currencies like Dogecoin
$DOGE /$USDC
-and Shiba Inu
$SHIB /$USDC
-to achieve this feat.
The token outpaced not only rival memecoins, but also the wider cryptocurrency market, gaining roughly 135% over the month. Year-to-date, the Ethereum
$ETH / $USDC
-based cryptocurrency has returned 12X to its holders.
The mad rush for PEPE could be gauged by its high trading volumes in the last 24 hours, nearing $2.5 billion, making it the most-traded memecoin in the said time period.
The rally garnered the interest of wealthy investors. According to on-chain tracking platform Spot On Chain, a whale withdrew a whopping 1.32 trillion PEPE tokens from Binance over the last five days. At the current price, their PEPE portfolio generated a 21% return.
#ETH Spot ETF: Here's What You Need to Know
The #ETHEREUM (ETH) Spot ETF has just been approved, which is big news! This exciting event underlines the huge steps forward the world of cryptocurrency is taking! #ETH is more than just a cryptocurrency; it's the backbone for a wide range of dApps, tokens, and smart contracts.
So, what does this mean?
In simple terms, a Spot ETF, or Exchange-Traded Fund, is a type of investment fund that tracks the price of an underlying asset — in this case, Ethereum. It allows individuals to buy shares of a fund that holds a large amount of #etherreum , without having to actually own or store it themselves. Just like Bitcoin, Ethereum's Spot ETF approval highlights its growing importance in the crypto world. It welcomes more people to invest, offering both experienced and novice traders new ways to diversify their portfolios. Indeed, this solidifies Ethereum's standing as a powerful digital asset!
#ETHETFsApproved #ETH🔥🔥🔥🔥 #etherreum
The #ETHEREUM (ETH) Spot ETF has just been approved, which is big news! This exciting event underlines the huge steps forward the world of cryptocurrency is taking! #ETH is more than just a cryptocurrency; it's the backbone for a wide range of dApps, tokens, and smart contracts.
So, what does this mean?
In simple terms, a Spot ETF, or Exchange-Traded Fund, is a type of investment fund that tracks the price of an underlying asset — in this case, Ethereum. It allows individuals to buy shares of a fund that holds a large amount of #etherreum , without having to actually own or store it themselves. Just like Bitcoin, Ethereum's Spot ETF approval highlights its growing importance in the crypto world. It welcomes more people to invest, offering both experienced and novice traders new ways to diversify their portfolios. Indeed, this solidifies Ethereum's standing as a powerful digital asset!
#ETHETFsApproved #ETH🔥🔥🔥🔥 #etherreum
Ethereum’s break out from the key pattern signals a reversal to a bullish momentum.
Analyst CryptoNova predicts Ethereum’s price will surge to $10,000 following ETF approval.
Crypto analyst ZAYKCharts pointed out a bullish pennant breakout on ETH’s chart.
$ETH has recently broken out from a multi-month falling wedge pattern. This bullish formation, highlighted by analyst Jelle (@CryptoJelleNL), shows Ethereum reclaiming key resistance levels and pushing higher. Additionally, anticipation mounts as the SEC is set to rule on Ethereum spot ETFs this afternoon, potentially fuelling Ethereum's bullish momentum.
The falling wedge pattern is a bullish signal formed by converging downward trend lines, indicating a potential reversal from a bearish trend to an upward one. Analyzing Jelle’s chart shows lower highs and lower lows, with ETH breaking through the upper trendline lately. This breakout is crucial as it confirms the bullish reversal signal suggested by the pattern, leading to a significant upward price movement.
Analyst CryptoNova predicts Ethereum’s price will surge to $10,000 following ETF approval.
Crypto analyst ZAYKCharts pointed out a bullish pennant breakout on ETH’s chart.
$ETH has recently broken out from a multi-month falling wedge pattern. This bullish formation, highlighted by analyst Jelle (@CryptoJelleNL), shows Ethereum reclaiming key resistance levels and pushing higher. Additionally, anticipation mounts as the SEC is set to rule on Ethereum spot ETFs this afternoon, potentially fuelling Ethereum's bullish momentum.
The falling wedge pattern is a bullish signal formed by converging downward trend lines, indicating a potential reversal from a bearish trend to an upward one. Analyzing Jelle’s chart shows lower highs and lower lows, with ETH breaking through the upper trendline lately. This breakout is crucial as it confirms the bullish reversal signal suggested by the pattern, leading to a significant upward price movement.
$BONK #ETHETFS will be confirmed today and there will be an increase, especially bonk. Do not throw away worthless coins and troll people. There are 10 coins that will be affected by ethereum eft, the others will not move, clear.
#ETHETFS #BonkCoinFundamentals #etherreum
#ETHETFS #BonkCoinFundamentals #etherreum
$LINK is trying to hold above the important horizontal resistance after breaking its downtrend. As long as we stay above 16.73, the first target area will be at the level of 20.89. The nearest support area in terms of BTC appears to be around 68800-69200 levels. Trade with caution as always advised
#pizzaday #Content #HotTopicDiscussion
#pizzaday #Content #HotTopicDiscussion
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