Good News from Binance for Bitcoin (BTC), ETH, DOGE, SOL, PEPE and These 10 Altcoins! Binance announced that it has launched a new promotion in the margin market. Binance, the world's largest cryptocurrency exchange, can change the course of crypto assets with the decisions it makes. While projects supported by Binance experience significant increases during bull periods, products that are not supported generally fail to perform as desired. Binance announced that it will launch a margin fee campaign on Bitcoin, ETH and 13 altcoins in total as of today. Here is the announcement text shared by the popular stock exchange on the subject: “Dear Binance users, Binance Margin is new for USDC, BTC, ETH, DOGE, ENA, BCH, FLOKI, NEAR, ORDI, PENDLE, PEPE, SOL, SUI, W and WIF as of 17.00 (UTC) on 16/04/2024. started a promotion. Promotion Period: 16/04/2024 at 17.00 (TSI) – 23/04/2024 at 17.00 (TSI) “All users who borrow any of these eligible cryptocurrencies on Binance Margin during the Promotion Period will automatically be free of charges for one hour.” This development will increase the use of the above 15 cryptocurrencies in the margin market. In case a new bull trend starts in the market this week, it is necessary to follow the above crypto projects closely.
On April 19, or when a Bitcoin miner mines block 840,000, the amount of Bitcoin in circulation will drop from approximately 900 to 450 per day. This event is popularly known as the "halving" and is of great importance in the Bitcoin world. However, this is not a situation that will last forever. Once all 21 million Bitcoins have been mined, the halving will have served its purpose and will end (probably in 2140). So why did Nakamoto design it this way? Nobody knows.🤷♀️ The only thing certain about Bitcoin is that it often divides opinion. There is a lot to discuss in an anticipated event like the halving. Is it reflected in the price? Will declining revenues drive Bitcoin miners out of business? Will it be different this time?