#BSCOnTheRise Binance Smart Chain (BSC) is a blockchain n | Lady luck en Binance Square

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#BSCOnTheRise 
Binance Smart Chain (BSC) is  a blockchain network built for smart contract applications. BSC runs in parallel with  Binance's own network on Binance Chain (BC), allowing users to get the best of both worlds: BC's high throughput and BSC's smart contract support.

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#BTC The Bitcoin cryptocurrency once again renewed its all-time high price, crossing the $100,000 mark. Reuters writes about it . On the morning of December 5, the value of bitcoin in Asia exceeded $100,000 and later the currency rose to over $103,000. The agency notes that bitcoin has more than doubled in price this year. The biggest jump occurred four weeks after Donald Trump's victory in the US presidential election. After all, pro-cryptocurrency lawmakers were elected to Congress. Bitcoin has grown by more than 50% during this period The day before, Trump announced that he would nominate Paul Atkins to head the US Securities and Exchange Commission. Atkins, a former member of the Securities and Exchange Commission, has been involved in crypto policy as co-chair of the Token Alliance, which works to "develop best practices for digital asset issuance and trading platforms." Trump has previously promised to increase electricity generation using all available sources, including fossil fuels and nuclear power. He said that this will be necessary not only for Bitcoin, but also to win the race for artificial intelligence dominance. He also stated the need to create a "strategic national bitcoin reserve" and end "regulatory hostility" to the cryptocurrency. Back in 2019, during his presidency, Trump said that Bitcoin "is not money", it is "very volatile and based on air", and that crypto-assets contribute to the development of illegal underground markets. Instead, in 2024, Trump claimed he would end "Joe Biden and Kamala Harris' anti-cryptocurrency crusade" if elected.

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#2024WithBinance The year 2024 marked a period of unprecedented global adoption of blockchain technology, with stablecoins, Web3 gaming, and Bitcoin's all-time high leading the charge. Binance celebrated a record-breaking year, achieving $100 trillion in trading volume and expanding its user base to over 240 million globally. The article invites users to explore their personalized Year in Review via the Binance app or website, allowing them to revisit their trades, milestones, and contributions to the Binance community. Binance's accomplishments in 2024 include significant user growth, regulatory approvals in 20 countries, and enhanced security measures that prevented over $2.4 billion in potential losses from scams and fraud. The platform also strengthened its global collaborations, responding to over 55,000 requests from law enforcement agencies worldwide. The article underscores Binance's commitment to compliance and global expansion, as well as its dedication to safeguarding user assets through enhanced Proof of Reserves. Community engagement remained a cornerstone of Binance's success, with events like Binance Blockchain Week Dubai 2024 bringing together thousands of attendees from around the world. The article concludes by celebrating the community's contributions and encouraging users to continue building on the year's progress as they step into 2025. It invites users to explore their Year in Review and participate in the Binance Square campaign for a chance to earn rewards, fostering a sense of collaboration and growth within the crypto space.

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#ETHOnTheRise December 2024 may mark a pivotal moment for Ethereum, with projections suggesting a price range between $3,400 and $3,800. This outlook is driven by major network upgrades and increased institutional interest. The maturation of Ethereum's transition to a fully proof-of-stake consensus mechanism is expected to enhance efficiency and scalability. By December, institutional interest in Ethereum is projected to surge, leading to the availability of more financial products based on ETH. This influx of capital could provide substantial support for Ethereum's price. Ethereum price forecast for 2025 By 2025, Ethereum is projected to experience significant growth, with some predictions suggesting it could reach $5,000 by year-end. This optimism stems from anticipated scalability improvements and growing adoption of Ethereum's blockchain technology. The price trajectory is expected to be steady, with a support price of $3,174.56 and a resistance price of $4,872.09. The average price for 2025 is forecasted at $3,906.18, reflecting a balance between potential growth and market realities.

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#AIAndGameFiBoom Artificial Intelligence has been reshaping our world at breakneck speed, with ChatGPT hitting 100 million users in just two months and Nvidia hitting revenue of $32.8 billion solely in the third quarter of 2024. AI is no longer a sci-fi concept but a business necessity and an integral part of our economy. Yet despite this explosive growth, participating in the economic layer of AI remains challenging for many. Here's where AI Finance stands a chance to change the rules of the game. AiFi is a new financial framework bridging the AI economy with decentralized finance, that democratizes access to AI-related assets such as GPUs or data, creating new value streams. At the same time, it’s powering DeFi with agents and AI-enhanced applications. Over the years, the decentralized finance community has built the foundations that made it possible for AiFi to emerge. The way DeFi and its primitives - like onchain lending - evolved enabled the industry to have an adaptable infrastructure for all kinds of assets, both crypto-native and not. Tokenization, as a process of bringing off-chain assets onto the blockchain, paved a way for non-crypto assets to boom back in 2023. Tokenized real-world assets, especially money market funds, exemplify how the integration of non-crypto assets has found a product market fit in an onchain economy. The biggest asset manager in the world, BlackRock, has dominated the crypto market at a 22% market share with its tokenized money market fund, BUIDL token, marking yet another milestone for RWA adoption within TradFi. Using DeFi infrastructure for tokenized assets has already made waves, passing over 10 billion TVL. But it’s only the beginning.

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#ThanksgivingBTCMoves Bitcoin-Themed Thanksgiving: $100K on the Menu? Bitcoin is expected to show significant growth as Thanksgiving approaches. Since November 2023, the digital asset has grown by 159.57%. With an average price of $99,655, Bitcoin is expected to end the year above $100,000. #BTC could see a significant rally soon as major economic events take place this Thanksgiving week. The digital asset is close to the $100,000 price level, and investors can expect increased volatility as important data that will impact BTC hits the market. Disclaimer: The information provided in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind.

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